Welcome to Close it now, an H Vac sales training podcast with Sam Wakefield.
Speaker AHere we'll build your reputation in residential H Vac sales to be the expert influencer in your market.
Speaker AYou'll get insight into the top minds in the industry as they share their skills and hacks to help you on your journey.
Speaker AThis podcast isn't just about selling more, it's about understanding your customers needs and building efficiencies behind the scenes so you can sell more but work less while being top of mind when people think H Vac.
Speaker ANow let's get started with your host of the Close it now podcast.
Speaker AThis is Sam Wakefield.
Speaker BAll right, welcome back, welcome back, welcome back.
Speaker BMy name is Sam Wakefield.
Speaker BAs you just heard today we are covering how you present your offers, how do you go through your system options, how do you go through the different offers that you're going to make to the homeowner when you put together their package.
Speaker BAnd we're going to cover some specific verbiage that you can use, some scripting, not necessarily scripting, but just a couple one liners that really turn the key to unlock the customer's mind to being open to seeing all the options.
Speaker BBecause at the end of the day, you know, our goal is not to focus in and try to, you know, cause a homeowner to buy any specific thing.
Speaker BWe're not trying to get them to buy the top of the line system every single time.
Speaker BOur job, our whole responsibility is to share what's available, share the benefits and let them choose.
Speaker BBecause raise your hand if you're like me.
Speaker BWouldn't you always rather have a sell than no cell at all?
Speaker BAnd so it happened so many times.
Speaker BAnd we know we had a guy on our team here a while back, he didn't last very long because he came from a different industry, tried to step into heating and air cells and with the same mindset that he had from, you know, completely different trade.
Speaker BAnd that was he would go into a house and you know, every brand of equipment, you've got what, four, five, six different models, levels of equ.
Speaker BHe would only show the two premium options.
Speaker BIt's the only ones he ever showed to homeowners.
Speaker BWell, no wonder that his close rate was horrible and no wonder that people felt like he was.
Speaker BAnd that's what happens why customers get the sentiment and the feeling that you're trying to manipulate them into buying something if you only show them very limited options.
Speaker BUnless there's a situation where you explain why the rest don't work in their situation.
Speaker BBut for most of the time with residential, residential H vac, just about everything will fit most of the time.
Speaker BSo you've got to go through the process.
Speaker BAnd I've got a great story too.
Speaker BI walked into a house here a couple weeks ago.
Speaker BIt was a humongous house, you know, couple million dollar house.
Speaker BThree systems, three or four systems on the house.
Speaker BI don't remember we were looking at this one specifically.
Speaker BAnd from the get go, he says, okay, I've talked to a couple other companies and I've decided I just want to go with a basic single stage equipment.
Speaker BOkay?
Speaker BYes, sir, no problem.
Speaker BI said, well, first let's go through the, you know, tell me about what you're experiencing, what your concerns are.
Speaker BSo I went through my questionnaire with the homeowner, talked about indoor air quality, etc.
Speaker BHe tells me, well, I'm only going to be here another couple, two to three years and that's it.
Speaker BOkay, great, no problem.
Speaker BI'm sure we've got a system that will fit your needs.
Speaker BA cool catchphrase or kind of turnip phrase that you can, you could totally have is I told him, I said, perfect, that's great.
Speaker BWe try to have a saddle for every seat, meaning we've got a fit for you.
Speaker BLet's just, you know, let's figure it out and work together to come up with, you know, the right combination of things to put together for your proposal so it's something you'll accept.
Speaker BAnd he's like, okay, great, sounds good.
Speaker BSo we go through the, and then how you present your equipment and not talking in terms of the features, but talking in terms of the benefits from each one is so wildly important because this guy had already talked to two or three companies and gotten other bids, which is what they were.
Speaker BThey were bids, people just dropping stuff off.
Speaker BSo I get there and I go through the process.
Speaker BYou know, I've evaluated the area, looked at the current equipment, you know, all that kind of stuff.
Speaker BAnd then I sit down with him once we've done my manual j and calculated what size system he needed.
Speaker BOkay, well, here are the different models and here's what they do and here's the problems they overcome with the comfort of your home.
Speaker BAnd so at each step of the way, you've got your single stage equipment, you've got your two stage equipment, then you get into what we call our adaptive cooling equipment and really talked about the benefits of humidity control and limiting the on and off times and that kind of thing.
Speaker BWe'll go through the whole process and he says, well, that's interesting.
Speaker BNobody else explained any of that equipment.
Speaker BAll they ever showed me was the single stage stuff.
Speaker BI didn't even know this other stuff existed.
Speaker BWhich was one my clue that you've got to show everything.
Speaker BYou've got to show all of the systems.
Speaker BBecause when I started showing him the equipment and talking about the features and benefits of each one, and here's another phrase for you use this.
Speaker BAnd it's super, super powerful.
Speaker BBecause our job is just to see if they're open to hearing about all of the options.
Speaker BI said, okay, cool.
Speaker BI know you mentioned.
Speaker BAnd here's exactly what I told them.
Speaker BI said, I know you mentioned that you wanted the single stage equipment, but if you don't mind, I would like to take you through everything that's available so you can know what you're saying.
Speaker BSo powerful.
Speaker BHe said, sure, okay.
Speaker BI said, because it's our job to really educate you so you know everything that's out there.
Speaker BAnd then proceeded to take him through all the different levels of equipment all the way through to the truly variable speed.
Speaker BAnd then kind of then when it's time to open up and you don't show pricing at this point, all you're talking about is the just simple high level feature features of each system and the problem it overcomes of why it was developed.
Speaker BRight.
Speaker BAnd so get all the way through that.
Speaker BAnd then when we show pricing, you price from the other, they turn around and go backwards.
Speaker BAlways show pricing from the top down because you're accomplishing a handful of things when you do this.
Speaker BThis is psychology.
Speaker BThis is deep, deep psychology of sales with this process.
Speaker BAnd this has nothing to do with manipulation, but it has everything to do with the way buy one.
Speaker BYou've already told them that you want them to know everything that's available so they can make a great decision.
Speaker BAwesome.
Speaker BSo that's good.
Speaker BThe next thing you told them is, you know, you're not telling, you're communicating that you're going to show them everything that's available and then it's up to them to choose what best fits their project.
Speaker BWhich is great because you've given them the sense that they are in control of the buying process.
Speaker BSo in fact, here's the exact verbiage that I use.
Speaker BOkay.
Speaker BWhat we're going to do is go through all the models available, I'll show you everything that has to do with each one and why it may or may not be a fit for you.
Speaker BAnd then at the end of the day, there's no right or wrong answer.
Speaker BIt's up to you to decide what the best fit for your house and the way you live here is.
Speaker BAnd that totally gives them back control of the buying process.
Speaker BEven though you're in control of the presentation, you're leading the call, you're showing them, but they have that feeling that they now have the power, which is exactly where you want them to have.
Speaker BYou want them to have that feeling.
Speaker BThat way they can totally, you know, when you get through the process, they can say yes to something.
Speaker BBecause we don't want them to say no or I'll think about it, we want them to say yes to something.
Speaker BSo you present your systems from bottom up.
Speaker BThat way you can build on each one and explain the differ.
Speaker BAnd then when you're going through pricing, and this is the important part, start at the top down.
Speaker BSo turn around and you start with the highest end product, you know, highest end package.
Speaker BYou have whatever it is.
Speaker BThe other thing that you're doing with this is your price conditioning.
Speaker BBecause once they see, you know, if it's sticker shock for the client, they're going to have it on the first one.
Speaker BOnce they see your top end equipment and the pricing for it, everything, everything else seems like a smaller number.
Speaker BWhereas if you start on the bottom, everything seems to get bigger and bigger, bigger and grow.
Speaker BSo that's also why you want to go from the top down.
Speaker BSo you present your top package first and then you.
Speaker BAnd once you go through all the features that each of those include, then when you go to the next one, well, first they ask the question, does this seem like a good fit for you?
Speaker BAnd usually what they say is, well, let's go ahead and look at all the, okay, great, that's perfectly fine.
Speaker BSo when you go to one step down from the top one, you say, okay, so here are the things that you're not going to get with this system, that the next, the higher one included.
Speaker BAnd that's really important verbiage here are the things that are not going to be included.
Speaker BBecause what you're doing right there is you're tapping into fear of missing out.
Speaker BHave you ever had fomo?
Speaker BEverybody has fomo.
Speaker BThat's exactly why people do the things they do do and buy the things they buy and go the places they go.
Speaker BBecause so many times it's driven by fomo, it's driven by fear of missing out, it's driven by that comparison syndrome, which that's not our fault that people have that.
Speaker BAnd there's a really fun tip too.
Speaker BIf you've done several projects for either the same family or the same associates or business partners or maybe even on the same block or the same street, I love what when that happens because I could totally step in and be like, oh, okay, great, your neighbor down the street and the other one this way.
Speaker BThey did these systems.
Speaker BAnd very, very, very seldom does that next person pick anything below what those other people chose.
Speaker BBecause they can't be missing out.
Speaker BThey say, well, if they picked it, then surely we need to do that too.
Speaker BSo.
Speaker BBut as you present your top levels o next one, does this seem like a fit for you?
Speaker BWell, let's see some other options.
Speaker BOkay, great, no problem.
Speaker BYou step into the next one.
Speaker BOkay, here's what you're not going to get with this system.
Speaker BAnd then as you step through and then ask the same question, does this seem like a good fit for you?
Speaker BWell, let's see the rest of the options.
Speaker BOkay, no problem.
Speaker BAnd then every single one that you go through again, you keep repeating the same thing over and over.
Speaker BAnd it's not going to feel weird or anything.
Speaker BYou're just gonna be very matter of fact.
Speaker BHere's what you're not gonna get with this system.
Speaker BHere's what you're not gonna get at this next step.
Speaker BHere's what you're not gonna get at this last step.
Speaker BAnd then of course, anytime, if I make it all the way to the very rock bottom basic, you know, 14 seer single stage builder grade equipment.
Speaker BThat's how exactly how I describe it is, okay, well this last system is really our typical builder grade kind of the basic system.
Speaker BIt's the, the lowest, you know, just kind of the lowest thing we have.
Speaker BWe do these on a lot of land, you know, landlord tenant type of situations.
Speaker BApartment complexes use these units.
Speaker BThe way you describe it means everything.
Speaker BAnd so many times before I even get to single stage equipment, the homeowner already says, well, I don't want any of that last century stuff.
Speaker BI don't want any of that old technology the way you described everything.
Speaker BGot to at least stay in the top three options.
Speaker BOkay, great, no problem.
Speaker BWe won't even look at the single stage.
Speaker BAnd so as you go through and are explaining how to this is not what you're going to get.
Speaker BThis is not what you're going to get.
Speaker BThis is not what you're going to get.
Speaker BThere will come a point where they say, okay, well let's not go any further because I've already.
Speaker BYou've already taken away more than I want More than I wanted you to.
Speaker BI want to keep these features because that, that comfort and that energy savings is what I'm after.
Speaker BAnd so that.
Speaker BThat exactly how that conversation happens.
Speaker BAnd that's what they'll tell you.
Speaker BSo don't go any further.
Speaker BI don't even want to see those last couple.
Speaker BI don't even want to see those last bottom systems because I don't want to go there.
Speaker BThis is what I've lived with for this many years.
Speaker BAnd everything you described as all of the uncomfortableness of that system, I don't want to do that again now that I have the choice to pick something that I want.
Speaker BAnd here's another line that you can use, and it's so.
Speaker BSo once you ask them how long they've lived in the house, they'll tell you however many years they've been there.
Speaker BThey say, well, great, now is the chance for you to choose what you want in your home and how comfortable you get to choose the ability to control your comfort instead of just taking what somebody else picked for you.
Speaker BThat really taps into some psychology there too is they realize, yeah, somebody else picked this for me and I haven't liked it.
Speaker BI get to pick what I want now.
Speaker BAnd so there's definitely a way to also all of these little things build together the compound effect to just lead the choice that you're leading their buying decision.
Speaker BAnd are some of them going to pick a basic system?
Speaker BAbsolutely.
Speaker BI mean, there's always other things going on.
Speaker BThat's something you have to always remember.
Speaker BNo matter what your conversation has been, how well you've gone through your investigation phase, there's always something else going on.
Speaker BThere's always another element to their.
Speaker BIn their mind that they're not letting on.
Speaker BIt could be, you know, maybe it could be a medical thing.
Speaker BI mean, who knows?
Speaker BMaybe grandpa in another state has cancer.
Speaker BAnd in the back of their mind, they're like, hey, if we have to move, we're going to sell the house, so we don't want to invest.
Speaker BIt could be maybe they're thinking about, you know, the opposite way.
Speaker BLike, oh, okay, maybe we're going to have to move them in with us.
Speaker BSo we want to choose something that's going to be the most comfortable for them.
Speaker BBut these are not typically, typically things that come up in the initial questions, no matter how thorough you are, if they're not forthcoming with certain situations.
Speaker BSo there's always something else going on, which is perfectly fine.
Speaker BBut remember that, because sometimes their choices will surprise you.
Speaker BSometimes it's less than you expected.
Speaker BSometimes it's higher than you expected.
Speaker BBut the end of the end goal, even if it is a very basic system, but they still said, yes, let's do it.
Speaker BCelebrate it as if, because it.
Speaker BDon't get connected, emotionally connected to the sale price on the, on the, on the sale.
Speaker BDon't get emotionally connected to which model of equipment that they choose.
Speaker BYour goal is to take care of the client.
Speaker BAnd that means finding the best fit for their situation because they all are going to cool the air, they're all going to heat the air.
Speaker BThey're all going to be cheaper to do it than what they currently have have.
Speaker BSo if you need to reframe the entire visit, if they, if it seems like they're starting to get overwhelmed with the choices, because remember, the confused mind says no.
Speaker BSo if they're starting to get overwhelmed with the choices, stop and put everything aside for a minute and just say, listen, there's a lot of choices here, but every single one of them is going to cool when you want it to cool.
Speaker BIt's going to heat when you want it to heat.
Speaker BAnd it's going to be cheaper to do it than what you have now.
Speaker BSo no matter what we do, it's going to be a wild improvement over what you currently have.
Speaker BSo that's our goal, is to just come up with the right combination of things that's going to work, that's going to work for you.
Speaker BNow remember, there's no right or wrong answer here as far as which system is the right one for you.
Speaker BIt's kind of like putting up a jigsaw puzzle.
Speaker BYou've got what you're wanting to accomplish.
Speaker BComfort wise, you've got what your savings you want to see, efficiency wise, you've got how long you're going to be in the house, you've got the total price, we've got the financing option.
Speaker BAll of these things are putting together a jigsaw puzzle.
Speaker BAnd I'm not here to tell you which pieces are going to fit your puzzle.
Speaker BI'm helping you figure that out.
Speaker BAnd when you explain it that way and you really take the pressure off, normally at that point, every time they'll go ahead and say, well, you know what?
Speaker BThis one really sounds good to me.
Speaker BWhat do you think, honey?
Speaker BOr they're talking to their partner, or if they're just by themselves, usually at that point, it clarifies it enough in their mind that they'll go ahead and just pick one, which is great.
Speaker BAnd then your answer is, of Course, excellent choice.
Speaker BThat's a great system.
Speaker BOnce they decide on a system, even if it's the very basic one, your answer is instantly, excellent choice.
Speaker BChoice, That's a great system.
Speaker BWe do a lot of those and move on.
Speaker BSay, great, okay, the next steps are, let's pick an installation date because they've already said yes to you, they've said yes to which system they want and then the rest is just details.
Speaker BThere's no more choosing.
Speaker BThe rest is just, okay, I've got Tuesday and Thursday open.
Speaker BWhich day works better?
Speaker BOkay, great.
Speaker BAre you planning on paying by check, by credit card or by financing?
Speaker BOkay, great.
Speaker BOr any combination of those and okay, perfect.
Speaker BThe next step are, let's go ahead and knock out this paperwork.
Speaker BAnd so it's just boom, boom, boom, move through the details after that.
Speaker BBut does this make any sense to you?
Speaker BIs this valuable?
Speaker BAnd thank you, Tim, for that conversation we had that sparked this idea because it's really important to when you're presenting your options, start at the top down and talk about what they're not going to get at each step of the way.
Speaker BAnd that will change everything in your numbers.
Speaker BAnd you'll find that if you've been going from the bottom up, try this method for a month and then track your numbers and compare it to where they have been and I guarantee you you're going to see a huge shift in your close ratio, a huge shift in your average dollar per sale, average dollar per lead.
Speaker BEverything is going to go up for you because of this one simple sh in your numbers, everything in your bottom line, everything in your pocket.
Speaker BWho doesn't want more net, net net dollars in your pocket at the end of the day.
Speaker BAnd this is how you serve your client better because you educate first and then let them choose.
Speaker BAnd when you take that approach and really spend the time and focus on what their concerns are and you've educated them enough to choose the right thing, man, the world opens up to you.
Speaker BMy I sell about usually 52 to 55% of my projects are the top two highest end premium product in our offering line, fully communicating variable speed equipment because of this approach.
Speaker BAnd when you approach it this way, that is, you know in our entire company that we're 50% plus with between five people in the sales team, 50% plus highest in communicating equipment because I've trained them, every single one of them to make the offer this way and then step it back.
Speaker BAnd people will choose the better equipment because they want more comfort and more energy savings.
Speaker BSo try this for a month.
Speaker BI challenge you to change it to this.
Speaker BIf you haven't done it this way and keep track of it.
Speaker BYou've got to measure what you can.
Speaker BYou can't manage it if you don't measure it.
Speaker BSo keep track of your numbers and join our Facebook community because I'd love to hear how this changes your numbers for you.
Speaker BSo thank you for listening.
Speaker BIf you got some value from this, share it with somebody.
Speaker BWe've got a coaching program that we're rolling out really, really soon which is going to be in depth on all of these things that we're talking about.
Speaker BBut if you got some value from this, share with somebody.
Speaker BSharing is caring.
Speaker BSo this is the fastest growing H Vac residential sales community online podcast online and we're the only one right now, which is awesome and I love it.
Speaker BSo thank you for joining the Close now community and I will talk to you guys again soon.
Speaker AThanks for listening to Close it now with Sam Wakefield.
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