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 BWelcome back to the Close it now podcast.
Speaker BMy name is Sam Wakefield.
Speaker BThank you for joining me today.
Speaker BToday we're going to cover one way to handle infamous hey, this other company is offering me a better package or the same package at less money.
Speaker BWhat can you do for me?
Speaker BAnd so that price objection.
Speaker BSo I'm going to actually use a real life example from this week that I used to close a really amazing project.
Speaker BSo we're going to talk about that, I'm going to dissect it, tell you all about the pieces and parts.
Speaker BThere's some psychology behind it and just a very simple principle that you can use immediately to start making a difference in your close rate.
Speaker BSo welcome, welcome to this podcast.
Speaker BOne of the things I love about I realize because if you're like me, you get a lot of road time.
Speaker BI like to call it drive time University.
Speaker BSo if you are not using your drive time, your commute back and forth between projects to learn, to get better, to improve yourself, start.
Speaker BThere's one of the titans of the heating and air industry, Charlie Greer.
Speaker BHe is a classic, classic trainer.
Speaker BIf you've ever watched Tech Daddy or any of the other things that he's done, he was one of the very first people in heating and air to sell over a million dollars a year.
Speaker BAnd this is back in the 80s when the average sale was right around $3,000.
Speaker BSo that is selling a massive amount of equ.
Speaker BBut one of the things he says, I heard a statistic from him that in a 20 year career in the heating and air industry as a service technician or as a salesperson, a comfort consultant, or we call them project managers, whatever you call yourself, or just the salesperson in a 20 year career, if you added up all of the amount of commute time and if you actually applied that by audiobooks, I love audiobooks and podcasts and those kind of things, if you actually applied that and Translated that time over a 20 year career in the industry would equal the equivalent of three PhD degrees, three separate PhD degrees by the amount of education you can give yourself in the amount of drive time that you have every single day.
Speaker BSo I encourage you, if you haven't yet, if you're on this podcast, you've started your own education.
Speaker BSo I applaud you.
Speaker BI give you a huge props for right now for bettering yourself and choosing to grow yourself so your results can grow as you grow yourself.
Speaker BSo one of my favorite mentors, I'm going to mention him again, Jim Rohn, he said, set a goal to earn a million dollars, not for the million dollars, because the million dollars can come and go.
Speaker BSet a goal to earn a million dollars because of the level of person you have to become to earn that million dollars.
Speaker BYour belief system has bring to the world has to increase because we know that the amount of value you bring to the world is directly proportional to the amount that you'll be compensated for.
Speaker BSo if you want to earn more money, bring more value to your clients and your customers.
Speaker BAnd how do we do that?
Speaker BWe do that by solving their problems that they have in their life.
Speaker BSee, we are not about, if you're in this community, you are not about taking care of people's air conditioners, taking care of people's heaters.
Speaker BYou are about taking care of people.
Speaker BAnd when you take care of people and people's problems, the sales will happen because people know that you are connected to them emotionally.
Speaker BYou actually care about their situation and their problems and their experiences and how they live their life and you're there for them.
Speaker BWho else would they choose to install a new heater and air conditioner?
Speaker BI mean, come on, it's a no brainer.
Speaker BIt doesn't make any sense for them to choose anyone else.
Speaker BIf you actually show up, if you show up with passion and purpose and focus in at every appointment and you actually bring your A game every time, then it's a silly, silly question for a client to choose anybody else.
Speaker BSo that's exactly what we're talking about.
Speaker BBut so in this situation this week, it was a, I'll give you the backstory of it.
Speaker BWe, our company, we use Yelp pretty extensively.
Speaker BSo a message had come in across Yelp.
Speaker BIt was inquiring, read some reviews of ours and we have really great reviews.
Speaker BYou've got to get reviews every time you interact with anyone.
Speaker BAsk for a review, ask for what you want.
Speaker BBut he read some of our reviews and he messaged into the company.
Speaker BWell, I was the on call person for this past week, which means anything that's after hours or over the weekend, it comes straight to me.
Speaker BThat way I can respond.
Speaker BWhat I did is I, you know, he was just initially asking about the process.
Speaker BSo I just picked up the phone and called him and talked about his situation.
Speaker BWell, situation, he's in this big house, it's you know, 2,400 square foot or so, ranch style.
Speaker BHe's built the house 26 year old system or something like that.
Speaker BAnd so he basically gave up the ghost and it died.
Speaker BWe had a home warranty company and raise your hand if you are tired of dealing with home warranty warranty companies.
Speaker BBut he said that he was getting no results from them and was ready to just take a cash out and to have a contractor that he chose to come out and do his work.
Speaker BSo interacted with him actually two different times this past Sunday.
Speaker BWe had set an appointment for Monday evening.
Speaker BGet over there Monday evening we're sitting in his house, we're sweating and one of the tips, one of the principles I want to talk about today is do your due diligence even when you don't want to.
Speaker BEven when it seems like I know this construction, I know what the system is, I know what's going on.
Speaker BIt would be a no brainer just for me to move on because I know what is happening here.
Speaker BWell, so what happened is I did my due diligence even though I didn't have to, I chose to anyway.
Speaker BBecause they need to see that you are looking at everything.
Speaker BThey need to know that you are concerned about the details.
Speaker BThey need to know that you have special interest in their project as a custom project.
Speaker BThey don't need to know that it's identical to 500 other projects you've done within the same neighborhood.
Speaker BThey don't need to know that the homeowner wants to know that you are focused on them and on their house and on their special needs as if one, it's the first time you've ever seen these specific problems and two, your sole mission in life is to figure those problems out right then while you're there.
Speaker BAnd when you can do that, that's a turning point in their minds.
Speaker BYou're building the confidence that they have that you are there to take care of them.
Speaker BSo by the due diligence in this situation, what I mean is the system was in a closet upflow in a closet all the way across the from the attic entrance.
Speaker BAlso turns out that the cross bracing and the joists in the attic in this house was like a spider web.
Speaker BSo it's 130, 120 degrees or so in the attic.
Speaker BMy first real flop sweat of the season.
Speaker BI am up in the attic and I climb of course all the way across the attic and take pictures of his supply plenum.
Speaker BBecause I knew even though I'd seen it a hundred times in this neighborhood, the builder didn't put nearly the right amount of supply in.
Speaker BSo starved for airflow.
Speaker BSo I'd get pictures, I get, come back down out of the attic and show him exactly what the problem was, exactly what we were going to do to fix the problem, increase the airflow here, here, here and we sit down to the, sit down at the table, show him the different options he chooses, chooses.
Speaker BSo full situation.
Speaker BHe chooses a single stage and we call for right then got him approved for financing on the spot and set the project up for the very next day now.
Speaker BSo I'm leaving there about 7:30 at night, have another appointment after that.
Speaker BI'm driving home and it's almost 10 o' clock and I get a text from this guy and here's where the story gets really, really interesting and here's where both the due diligence and the other tip and topic we're going to about here in just a minute really come into play.
Speaker BSo I get to get to my house and I get a text from this guy that says hey, your competitor, I'm not going to mention the name because they're a well known company here in Austin.
Speaker BYour competitor offered me a two stage system for literally almost the same money.
Speaker BAfter some discounts and different things, we were going to end up about the same money.
Speaker BAnd so it instead, and here's where most people would probably answer back and start the conversation back and forth of well can you send me the quote and may we do price matching and all of this kind of thing.
Speaker BYou know how many of you raise your hand if you have ever told the homeowner.
Speaker BNow we really look for an apples to apples comparison.
Speaker BSo if you send me their quote, we'll take a good look and we'll consult and make sure we're looking at the same thing.
Speaker BAnd at the end of the day and vomit, vomit, vomit, do not do that because all you're doing is you're turning what you're doing into a commodity that anyone can buy off of the freaking shelf.
Speaker BAnyone can go down the line and just pick a name and then it's the exact same thing every Single time.
Speaker BAs soon as the apples to apples words come out of your mouth, you've completely taken your project and demoralized it and turned it into a commodity that anyone can pick up like a can of beans.
Speaker BSo don't do that.
Speaker BSo I get a little passionate about this because it's my freaking passion to serve people and to teach you how to serve people in a way that you're bringing value and you're also getting value because it's a fair exchange, because you're doing an awesome job for them.
Speaker BSo sales, this is crucial.
Speaker BNever commoditize what you're doing.
Speaker BSo if you don't know what commoditize means, go to join the Close It Now Facebook group.
Speaker BFacebook can community and we can have this conversation.
Speaker BBut I will tell you, it is never about the cheapest price.
Speaker BSo back to our story.
Speaker BIt says, well, this other company was offering me a two stage system at almost the same money.
Speaker BIn fact, it turned out it was $200 less than what my single stage system I was offering for same family of equipment.
Speaker BSo it wasn't too different, it was just one step different.
Speaker BSo instead of going that journey of well, how much can we discount and this and that, I asked a question.
Speaker BThe key principle here is, and at the end of the story you'll see I never answered his direct question because he didn't truly know what he was asking.
Speaker BSo what I asked was, did they come out?
Speaker BBecause I knew his timeline was really short.
Speaker BFirst question was, did the other company even come out to give you a quote?
Speaker BBecause initially I had red flags going off in my head that they had given it to him over the phone.
Speaker BSo he says, he says, yup.
Speaker BAnd that's all he says, yup, yup.
Speaker BSo he's answering short with me.
Speaker BSo you match the tone.
Speaker BYou've got to match the tone a lot of times.
Speaker BSo I came back with, did they even go into the attic?
Speaker BBecause I knew by doing my due diligence, no one else will do it.
Speaker BAnd that's the thing.
Speaker BIf you are a premium provider, if you are truly there to serve people, you will climb your happy butt to every corner of the attic or crawl space or wherever it is to check out the ductwork and to look at all of the aspects of the home and don't cut corners because I know that nobody else in our town is going to do that.
Speaker BAnd I'm sure it's the same with you.
Speaker BSo he says, nope, they didn't go into the attic.
Speaker BAnd then I asked well, what were they just guessing at what the duct work problem was or did they even ask about that?
Speaker BI said, if they're guessing at that, I wonder what else they're guessing at.
Speaker BAnd so he responds, yeah, maybe.
Speaker BSo he's starting to turn, starting to kind of turn the corner there.
Speaker BAnd then I asked him what was their solution for the lack of airflow.
Speaker BBecause in my mind, I know at this point they hadn't even diagnosed the problem.
Speaker BSo they didn't even know there was one.
Speaker BSo he says, well, they were gonna give me a free air, free upgraded air filter.
Speaker BSo it internally.
Speaker BWell, not internally.
Speaker BI mean this is all via text message.
Speaker BSo I'm cracking up at this point.
Speaker BAnd so my response then was just that, ok, well they're not solving.
Speaker BI said it doesn't matter.
Speaker BAnd the other part of piece of information here, you guys, is the size system on the house was a three and a half ton.
Speaker BThe house truly needed a four ton.
Speaker BDid the manual J load calculation, figured out that it actually needed a 4 ton system.
Speaker BSo upgrading the size of the system anyway, and it was already short on the air supply.
Speaker BSo my response at that point was, well, it doesn't matter what system you install a single stage, a two stage, whatever, if the airflow is not right.
Speaker BIt's only going to destroy the new equipment if it's lacking in that much supply air.
Speaker BI said, you'll be glad that you chose us because you're not going to have these problems.
Speaker BAnd so sure enough, he said, and I put the thumb, you know, thumbs up emoji right in the text message.
Speaker BAnd he sends back this smiley face.
Speaker BYeah, you're right.
Speaker BThanks for the confidence.
Speaker BGo to bed because it's super.
Speaker BIt's like 10:30 at this point.
Speaker BAnd so sure enough, the very next night, and so our crews go out, we do an amazing job, of course, as your company should, if you set in in the sales process.
Speaker BThat's the thing, if you're making big promises, you've got to deliver, right?
Speaker BYou have to have the people to deliver on those promises you're making.
Speaker BSo there's a whole concept of, you know, if you've ever heard, raise your hand if you've ever heard under promise and over deliver, I think that is complete.
Speaker BYes, but it should be over promise and then over deliver past that because that is how you get and keep lifetime clients.
Speaker BSo of course I respond back and the next evening I'm checking on him.
Speaker BHey, how'd the project go?
Speaker BHow's the house?
Speaker BAnd so he sends me back this huge text message thanking me so much for the confidence and helping him get over the hump and how the system is 10x quieter than his previous system, because that was one of his big concerns.
Speaker BHaving to turn the TV up in the living room every time it came on, of course.
Speaker BAnd how much he loved my crew because they're very respectful and just goes down the whole list of every single thing that was positive.
Speaker BAnd then the very next day, literally like five or six paragraphs worth of review on our Yelp page from this guy because he was so blown away by our service.
Speaker BNow, there's two big lessons here.
Speaker BIf I had not done my due diligence to know that the system was short on airflow and to climb all the way across that attic and had done the due diligence, I wouldn't have known and I wouldn't have the ammunition to instantly be able to come back with to him when he was asking about the price comparison shopping.
Speaker BI wouldn't have been able to come back to him and say, what are they going to do about this problem?
Speaker BBecause I wouldn't have even known that there was a problem.
Speaker BSo that's lesson number one.
Speaker BYou have to do your due diligence.
Speaker BYou've got to look at everything every single time.
Speaker BEven if it's the end of the day and you're on call number seven or eight for the day and it's 11 at night, like I know some of you do, because I know I do.
Speaker BYou've got to do your due diligence.
Speaker BFeel like it or not.
Speaker BLesson two, and this is the big one, this is the closing lesson of the week.
Speaker BWhen they come to you with if you've done your process properly, if you've done your investigation properly, if you've asked all of the questions on your and you should have a form with what questions you're asking every time you're in a house.
Speaker BDon't change from your system.
Speaker BDon't deviate from a system.
Speaker BEstablish a system and consistently use it A to Z.
Speaker BSo if you're asking the right questions, they've given you all the information you need that'll take you right to the close.
Speaker BSo when they come back to you with, oh, well, so and so was offering this, don't make it about the price.
Speaker BTake it away from the price instantly.
Speaker BDon't respond to that price question.
Speaker BRespond in questions about how the other company is going to handle the situations that you're easily handling because you investigated them and figured them out.
Speaker BSo Just like I did when he's like, well, they're offering a two stage at the same price as your single stage.
Speaker BWouldn't that be a better choice?
Speaker BMy question was, how are they going to handle these problems?
Speaker BDid they even go in the attic?
Speaker BHow are they going to handle this airflow?
Speaker BAnd so he's like, no, no, they didn't have a plan for that.
Speaker BSo then you just question at the end of the day, if your system only.
Speaker BIf theirs only lasts half as long as ours, or you have headaches and problems and maintenance issues when you shouldn't have, because they were only guessing at it.
Speaker BHave they saved you any money?
Speaker BBecause what we're promising is that we're going to do it right and we're not cutting corners.
Speaker BLet's stay on the calendar.
Speaker BRight?
Speaker BSo, yeah.
Speaker BAnd his response was, okay, let's go ahead as scheduled.
Speaker BSo that's the lesson.
Speaker BDo your due diligence.
Speaker BAnd by doing your due diligence, you've got the ammunition.
Speaker BSo when objections start to arise, you can just bring them up and say, and so this specifically relates to the objections about another company and a price.
Speaker BAnd so then you can start to ask them, how are they gonna handle this?
Speaker BHow are they gonna handle that?
Speaker BHow are they gonna handle this?
Speaker BBecause you have a plan of attack and it's gonna be an effective one because you're confident in the work that you do and you're confident in your design.
Speaker BBecause you study, because you get better, things get better.
Speaker BSo that's the podcast for this session, for this episode, episode number two of H Vac Sales Podcast.
Speaker BI want to hear from you.
Speaker BSo how can you do that?
Speaker BYou can find me@samwakefield.com.
Speaker Bthat's S A M W A K E F I e l d.com that is going to take you.
Speaker BActually, right now it is pointing to my Facebook page.
Speaker BFind me.
Speaker BFind my page on Facebook.
Speaker BLike it and join the close it now, close it now H Vac training community.
Speaker BWe have a private Facebook group and we were building a group of people who are a group of H VAC sales experts who are dedicated to serving people, providing value so you can double, triple, quadruple your income.
Speaker BWe're going to double your close rate.
Speaker BWe're going to double your average ticket price.
Speaker BWho doesn't want more money at the end of the year?
Speaker BMore money in your check, in your pocket, Net net in your pocket every single week.
Speaker BI know both of my hands are raised right now and yours should be too.
Speaker BSo this year is going to be an amazing.
Speaker BWe're going to crush it.
Speaker BIf you didn't know, in the market across the whole across the world there is actually an enormous amount of pent up system replacement.
Speaker BSo by that we mean there are literally millions of systems that people have been putting off and putting off and putting off because of political changes, because of changes in economics, all those different types of changes, changes in the stock market, people have been holding off doing replacement they've only been repairing up until now and there's there it's all breaking loose.
Speaker BSo all this pinup replacement in the market is coming due.
Speaker BYou're gonna see a harvest bigger than you've seen.
Speaker BThis year is already shaping up to be record breaking year for my company and I hope yours as well.
Speaker BIf you follow these principles, you'll absolutely be able to double 10x your income even at that matter.
Speaker BSo find me samwakefield.com join the Facebook Group.
Speaker BWe are building a community of these dedicated salespeople of H Vac Freaking rock stars and I will see you guys on the next podcast.
Speaker AThanks for listening to Close it now with Sam Wakefield.
Speaker ASubscribe to the podcast now so you're first to hear new episodes jam packed with actionable tools and tips to make you the top H Vac professional in your market.
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