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Mike's Message
Dear Friend,
Happy
St. Patrick's Day!
March Madness is upon us! As you read this, there are 65 college
basketball teams who all share one dream -- cutting down the nets in Detroit on
April 6th as the new national champions. All have that chance, albeit some have
a better chance than others. They are all preparing for their next games,
watching game film and preparing their best strategies. Each team is faced with
one and done -- one more loss and they are eliminated from competition.
What does this have to do with you? No matter where you stand in your
marketplace, you have the same opportunity as the next agency to get the
business, to build the relationships. Some may be the favorite to win the
business, while others are long-shots. But the fact is that, regardless of your
situation, you have to be looking at formulating your best strategies and if you
have longer odds, working harder to garner the business.
So as you prepare your brackets, remember that every one of those teams has a
chance and is right now plotting their strategy to get past their next opponent.
You too should be preparing to win the battles for referrals in your community.
Good luck to you and to your favorite university's basketball program!
Best,
Mike Ferris
Director
Marketing, Sales and Customer Service Consulting Division
mferris@simione.com
Feature Article
What Does
Customer Service Have to do with Sales and Marketing Anyway?
by Polly Rehnwall
It is our belief and contention that it has everything to do
with marketing hospice. First, if you want to retain your clients, patients and
referral sources you should make sure that your customer service delivery is not
going to run them off. Next, if you want to convert your customers into
evangelists for your agency, you will need to provide them with exceptional
service. This is very true for all customers -- especially your own staff. Keep
in mind the fact that happy customers are the only sources for testimonials.
Finally, the quality of service provided will directly affect your reputation in
the community and therefore will be a huge determinant in the effectiveness of
your marketing efforts.
(As a side note, for any that are thinking that they cannot
afford to implement a strong customer service culture, you cannot afford
not to! This includes both the agencies that either don't have the time,
money or other resources to invest in customer service. Super service costs no
more to deliver than adequate or poor service. And it can be shown that it is
actually additive to financial performance.)
Customer retention is a metric that should be monitored closely.
Since customers include staff, patient, client, referral source, etc., then you
will probably want to measure the retention within each category of customer as
well. If you are not measuring the rates of turnover, then start today!
Relationships are the key to strong marketing programs and one
must agree that customer service has everything to do with relationship building
and maintenance. From the way that your customer is treated on a regular basis,
to the little things that are done to Wow them, to how you handle problems are
all part of your customer service program. Industry in America has spent
billions of dollars on customer relationship management (CRM) systems expecting
them to magically make customer service better. Do not fall into this trap.
"Bad customer service + a CRM system is still bad customer service."
Expectations created by sales and marketing are central to
delivering exceptional customer service. The simplest definition of customer
service is that it is the difference between what a customer expected and what
they received. So there must be total integration of the marketing team and the
message they are delivering and the rest of the agency.
The other aspect of expectations is that we must remember to
communicate the expectations created with any specific customer. Incomplete
communications will lead to unmet expectations and that means weaker
relationships and less business.
Just as there is a return on investment from your marketing
program that is measurable, there is also a return on investment from your
customer service program. Customer service in hospice is so closely intertwined
with sales and marketing that to neglect one or the other is to accept
diminished returns.
Legendary Service is one of the best ways a hospice can
establish a distinct competitive advantage and real value added.
Sales Training Corner
TWO
Square One Boot camps to be Held in May!
Join us in May for Square One Boot Camp!
TWO DATES, TWO LOCATIONS!
May 4 - 6, 2009
Rio All Suites Hotel ($99 per night)
Las Vegas, Nevada
(866) 746-7671 for reservations
You have two registration options:
For details, and to lock in a seat with a $500 deposit (balance
due on April 4, 2009),
click here.
For details, and to lock in a seat with your full payment,
click here.
OR
May 18 - 20, 2009
Courtyard Marriott Chapel Hill ($129 per night)
Chapel Hill, North Carolina
(800) 321-2211 for reservations
You have two registration options:
For details, and to lock in a seat with a $500 deposit (balance
due on April 18, 2009),
click here.
For details, and to lock in a seat with your full payment,
click here.
RESERVE YOUR SEAT NOW as we expect both locations to fill up
quickly!
To view a brief video of what makes the Square One Bootcamp experience so special, click here!
Next AdmitRight™
Boot Camp Scheduled for June!
June 9 - 10, 2009
Hotel to be announced soon!
Nashville, Tennessee
Michael Ferris and Polly Rehnwall of Simione Consultants are the nation's leading experts on hospice sales, referral center management, and admission team best practices. Now you and your agency have the chance to attend two jam-packed days of skills learning and building, as well as never revealed before tips on how to supercharge your hospice referrals and admissions!
Who Should Attend:
Only the most progressive Hospice team members that are interested in increasing referrals, admissions, census, efficiency, profitability and beating the competition! (CEOs, COOs, Marketing, Sales, Referral Center, Clinical and Outreach)
This is the first program of its kind, specifically created to empower you to blow your revenue goals out of the water for 2009 and beyond!
Registration Options:
Both Days, One Person, Tuition Only -
Click Here
Both Days, 2+ People, Same Organization -
Click Here
Both Days, One Person, Tuition + DVD -
Click Here
ATTENDANCE IS LIMITED -- THIS PROGRAM WILL SELL OUT!
52 Week eSales Training Course
Our groundbreaking and highly-acclaimed 52 Week eSales Training Course is available for one to one hundred students. It provides a weekly lesson (takes about 30 minutes to complete) that will keep your sales team members' skills sharp. Students have said that the course supported them in becoming better at their profession, increased their referrals and forced them to review the basics. On average, our 52 Week eLearning participants have increased their referrals by over 31%!
"With the help of the 52 Week eSales Training Course, I have been able to increase our accounts by approximately 20% and have increased referrals and admits by an even greater percent. Thank you, and my company also thanks you!"
~ Barbara Edmisten, Highland Hospice
Special offer for Sales Leadership Letter subscribers: Enroll up to 10 students for one low price of $599 (does not include audio CDs)! Click here to take advantage of this offer.
Sales Tip
What To Do When It's Spring Break?
A few years ago, working with a client and their sales
representatives, they were talking about the big impact that Spring Break had
just had on their month. It seems that these sales people were highly dependent
upon some orthopedic surgeons for a big portion of their business. The surgeons,
albeit with multiple groups in town, had one thing in common: kids in school. So
they all ended up taking Spring Break at the same time and the number of
scheduled orthopedic procedures plummeted! This meant that the numbers for these
sales people fell dramatically.
When their boss asked, "what happened?" they did not enjoy having to say that
they were too dependent upon a handful of good accounts and that they had not
seen this coming!
So there are twin morals to this story: don’t have all of your eggs in one
basket and keep your ear to the ground to know what is happening in your market
and your key accounts.
They started planning for the next year how they were going to mitigate the
impact of Spring Break on their referrals AND they started looking for ways to
diversify their business. They built new relationships and stronger
relationships, and most importantly, they planned ahead.
Today, they are highly successful and have a more diversified referral base and
they know when Spring Break is going to be each year!
This is also similar to my thoughts when I read all of the articles about
selling in a recession. It appears that the sales skills being put forth are the
same as in a normal economy except that they frame everything to be timely. If I
were to write an article on recessionary selling, I would have to say that you
use the same sales skills and techniques; you just have to be better and smarter
at it. Much like when Spring Break throws you off stride.
Sales Leadership
Motivating
There is an art to sales team motivation. This is due to the fact
that every team member employs similar sales techniques differently. The most
effective sales managers are those who are able to motivate their sales teams as
a group while also ensuring that each individual's needs are addressed.
The are of sales management combines many of the following
elements and factors:
- Benefits of membership on the team are clearly defined
- Recognition for achievements
- Feeling of worth is fostered
- Individuals and the team are adequately challenged
- Freedom, authority and accountability for all
- Realistic goals are set
- Carrot and stick principles in place
- Lead by example
- Staff are encouraged to be self-motivated
- Status
- Respect
- Consistency
- Job security
Questions & Answers
In each Legendary Sales Leadership Letter, we answer your questions. Send them to us or call (800) 653-4043
and we'll make sure that yours are answered in a future issue.
Here are this week's questions answered:
Question:
What do I do to compete with other hospice competitors who have
big budgets and lots of giveaway items?
Answer:
Excellent question; it is one that I get quite frequently.
First off, you have to play the hand you are dealt! What you have to work with,
whether constrained due to budget or philosophy is what you have to work with.
You have to look for how to spin this to your advantage and make it part of who
your agency is. You can explain that philosophically your agency believes in
spending money on patient care and other areas that will improve outcomes rather
than on pens and lunches. By itself this will not remedy your challenge, but
should be a part of your story. That story should be built around what makes
your agency different and why its best referral partners choose it.
Second, you have to have more professional, better trained sales people who are
not dependent upon giveaways, goodies and food. They should be very proud of the
organization they represent and wear the philosophies proudly. If they complain
or claim they can't sell without giveaways and food, you may have the wrong
people on your team. If their relationships are built upon food, your hospice is
at risk.
Finally, you should be looking for reasons to be in accounts; take patient
updates, pick up paperwork, etc. This way you will be having the face to face
interactions, but in the context of service and patient focused discussions.
(Note: With the changes in the regulations in the state of Florida, everyone is
now on even footing and all need to better at selling!)
Question:
How can we structure a bonus plan for our sales team that will
incent them to bring in more referrals?
Answer:
When constructing any incentive plan, the first step is to establish your goals
for the plan. What you want to accomplish must be very clear so that your plan
will achieve your desired result. In your question you state "more" referrals is
your goal. I would also include the ability to hire and retain great sales
people in any incentive plan goals.
Here are three key points for the construction of your incentive plan:
1) Keep it simple. Make it easy to understand, easy to
track and directly related to your goal: "get more referrals." I would measure
based on admissions rather than referrals since that is the ultimate desired
result.
2) Immediacy. The best plans for home care and hospice have
monthly goals that trigger the bonus. There can be a quarterly component to keep
the rep's eye on the ball, even if having a bad month.
3) Reflective of the sales person and their territory. The goals
should be set to represent great performance by the particular sales person and
their territory. Each person and territory is different and, as a result, their
goals should be different.
About Us
Marketing, Sales and Customer Service Consulting Division
Supercharge Your Referrals, Revenues and Profits!
Headed by two industry powerhouses -- Michael Ferris and Polly Rehnwall -- Our
Marketing, Sales and Customer Service Consulting Division is designed to give
you the easiest experience possible by providing the most comprehensive
solutions to supercharge your referrals, revenues and profits!
If it only took one phone call to deal with all your marketing and sales needs,
would you make it?
In an environment of growing competition and shrinking margins, you have to
increase volume and improve market share in order to be successful. That means
having a skilled sales team, quality marketing strategies and a customer service
model that improves your conversion of referrals to admissions.
With every type of solution we provide, you won't just beat the competition --
you'll establish your competitive advantage for years to come!
Our Proven Process:
- Evaluate and assess talent, model and process
- Design customized solutions
- Assist with implementation
- Coach your staff
- Train your sales people
- Support your organization's continued success
Delivering optimal results begins with an evaluation of your sales, marketing
and customer service program in order to design solutions custom tailored to
your agency and your area. Our experts know home health and hospice, bringing
years of marketing and sales experience and best practices to you.
Customized Solutions:
Have one or a few specific needs? We can guide you through creation and
implementation quicker and with more success than anyone else. Below is just a
small sample of our capabilities:
- On-site Sales, Marketing, or Customer Service Consulting and Training
- Referral and Admission Management Consulting and Training
- Square One Sales Boot Camp
- Marketing Program Development
- Interview Sales Candidate Video Training / Corporate Videos
- Collateral Materials, Sales Letters, and Advertising Consulting
- Mystery Shopping / Market Analysis
With just one phone call, you can tap into all the resources and knowledge of
the home care industry's touchstone consulting powerhouse -- Simione
Consultants.
We have an ability no other company can offer -- the only one-stop shop to
handle all your marketing and sales needs.
Simione Consultants, LLC was the first
organization of its kind dedicated entirely to home care -- a commitment we
continue to maintain today. For more than 40 years, we have demonstrated we
understand and are responsive to the changing and diverse business needs of home
care and hospice organizations.
Value Driven, Success Outcomes
More than 800 home care organizations have trusted the team of experts at
Simione Consultants, LLC to get them through the challenges of yesterday and
today, and to gain the leading edge for tomorrow. We provide expert assistance
to hospital-based and hospital-affiliated agencies, visiting nurse associations,
hospices, small proprietary agencies, and large national chains. The size,
capabilities and commitment of our uniquely qualified consulting staff offer
unparalleled industry insights and innovative yet practical solutions. Our track
record of engagements with successful client outcomes is unmatched.
Closing Thoughts
I really look forward to seeing many of you at the upcoming trade shows and
conferences. I will be attending the NAHC Policy Conference next week in DC,
speaking at the NHPCO MLC conference in DC in April, the Colorado and
Massachusetts state association meetings in May and attending the NAHC Financial
Managers Conference in July. Please stop by to say hello.
Additionally, I look forward to working with many of your sales people at the
upcoming events we are hosting. We have two Square One Boot Camps in May (one in
Las Vegas and one in Chapel Hill), an AdmitRight™
Workshop in Nashville in early June and the Next Step Advanced Sales Training
program in late June.
Thanks for all that you do. Happy Selling! |