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Mike's Message
Dear Friend,
Over
the coming weeks and months you will notice some changes and upgrades to the
Legendary Sales Leadership Letter. They are all intended to enhance your
experience as a subscriber and to increase the value to you.
In this issue you will notice to the left a new icon that says "Find us on
Facebook" that will link you to our new Simione Marketing, Sales and Customer
Service Consulting Division Facebook page (which is a work in progress). Become
a fan today! This will grant you access to valuable tips and information. Also,
we will be providing information in your choice of format with the upcoming
release of the sales tip of the week! You will be able to receive these tips via
email, LinkedIn, Facebook or Twitter. Watch for your invitation to sign up soon!
Also, we will be adding some new columns and changing the layout of the
eNewsletter. It will be easier to navigate and will have more content. One of
the new components will allow for client stories and other guest columnists. If
you would like to have your program profiled and share your successes, please
let us know.
On the topic of reader feedback, we are implementing several ways for you to ask
questions, respond to information and in short, actively participate in the
process.
I cannot tell you how excited I am about these new "social media" vehicles to
allow me to stay in closer touch with you. One of my favorite things is when I
get to see many of you at conferences, expos, training programs, etc. Now there
will be other ways that we can stay in touch!
Happy Selling!
Mike Ferris
Director
Marketing, Sales and Customer Service Consulting Division
mferris@simione.com
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Feature Article
Innovative
Marketing Strategies: Roadmap for Private Duty Success
by
Mike Ferris
"Let's do something new and different -- that will certainly
bring us more business!"
Well, not necessarily. Innovation purely for the sake of innovation doesn't
guarantee more business. As the market for privately paid home care service gets
successively more competitive, certainly the need to establish the agency as the
logical choice for private pay services becomes more important. That is unless,
of course, you are running an agency that is providing a commodity, competing
purely on price.
In order to sell to Mrs. Smith, you need to see things through Mrs. Smith's
eyes. Private pay services are consumer driven and as such it is necessary to
have a mindset and approach that is reflective of identified needs in the
marketplace. In other words, to use innovation as a competitive advantage in
private pay home care, it must have perceived value in the consumer's eyes.
The messaging for marketing and selling private duty services is always vital to
the success of the program. There needs to be a consistent message and it must
reflect the reasons why someone should use specifically your agency. It should
enable your customers to easily tell the story to others. Specializing and
innovating to create programs targeted at specific consumer groups can be one
important element of crafting a unique message. In addition to the broader
message, when interacting with the consumer the message must be one that
provides a solution to their needs.
When analyzing your market for private pay services you will find that there are
distinct segments that can be targeted with a specific message. The first thing
to understand is that there are, at the first cut, two types of individuals:
those that can afford to pay privately for services and those that cannot. From
there the market can be segmented by affluence as well as the acuity and types
of their needs. It is difficult to be all things to all people in other areas of
our lives. This is very true for private pay home care. Most of your competition
spends their time trying to do just this. Seize the opportunity to become known
in your community as the resource for the niches you select.
Private pay services above all other types of home care and hospice services
require a cohesive message that is consistent throughout all that you do. Most
of the time you are selling and marketing to the consumer that is paying for the
services provided. You only get one chance to make a first impression, but you
have no control over where in the process they will form that opinion! This
explains why it is so important to analyze every touch point with the customers
in your processes. From marketing, to the first contact, to the ultimate
provision of services, there must be continuity of excellence that supports the
customer's selection of your agency.
The relationship with the private pay client is one that should last a number of
years with a gradually increasing level of needed services. If we do our job
properly, provide Legendary Service, cover the bases with the client's family
and friends then we can expect to enjoy a long-term mutually rewarding
relationship.
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Sales Training Corner
November Training Schedule
Square One Boot Camp
NOVEMBER 16 - 18, 2009
Courtyard Marriott Chapel Hill ($129 per night)
Chapel Hill, North Carolina
(800) 321-2211 for reservations
Send us
your liaisons and we will send you back highly trained home care and hospice
sales professionals.
CLICK HERE for details
(including the agenda) and to lock in a seat!
"I was apprehensive about an educational seminar that was
called 'Boot Camp' but I am ecstatic about what I have learned and feel I have
new 'tools' to utilize in my role as a marketing rep. Truly the best conference
and the most useful tools to use in my job."
~ Rennae Bell, Visiting Nurse Service of Greater Rhode Island
To view a brief video of what makes the Square One Boot
Camp experience so special, CLICK HERE!
Next Step Advanced Sales
Boot Camp
NOVEMBER 2 - 4, 2009
Courtyard Marriott Chapel Hill ($129 per night)
Chapel Hill, North Carolina
(800) 321-2211 for reservations
Two and one-half day Boot Camp experience open to
graduates of the Square One Boot Camp and top producers.
The Experience:
Each Bootcamper will submit a presentation in
advance of the training along with other homework assignments. This program is
for serious home care and hospice sales professionals who are ready to take
their sales to the next level! As with Square One, there will be extensive video
role play with the students broken into groups of home care or hospice sales
professionals.
CLICK HERE for details (including the agenda) and to lock in a seat!
AdmitRight™
Boot Camp
NOVEMBER 10 - 11, 2009
Dallas/Fort Worth Airport Marriott ($159 per night)
Irving, Texas
(800) 228-9290 for reservations
AdmitRight™ Boot Camp is
designed for those who are charged with the management of sales, referral center
and admission team for hospice. If you are in one of those positions, you need
to attend this Boot Camp! You will come away with a ton of ideas on how to
improve your processes to increase referrals, improve referral center and
admission team processes. All of which will add up to increased ALOS, census and
fulfillment of mission in community. More people will receive needed hospice
services.
AdmitRight™ is specific
to hospice and will provide you the tools and direction on how to train your
teams to deliver the results!
CLICK HERE for details (including the agenda) and reservation options.
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%!
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.
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Sales Tip
Account Profiling
This issue's sales tip is about the importance of account
profiling. Our goal with every account is to become integrated with the way that
they practice medicine. The best way to do that is to understand how they tick.
With the number of accounts you manage, and even greater number of relationships
in the accounts, you must have a system for keeping that information and having
it handy. This is ideally accomplished with a CRM solution that allows you to
keep the information electronically and that is able to be updated on a
real-time basis. Whether you have this capability today, or not, you have to
make your system keep track of account profiles. Here are some tips:
1) Prioritize! You will want to have the best, most enriched information about
your best accounts. Then go from there.
2) Make notes as you go! Do not wait to update profiles until later in the day
or week (month?). The best info is fresh info.
3) Create your own shorthand so that you streamline the process.
4) Use your account profiles religiously. This is a vital habit for successful
sales people -- you have to force yourself to use them ALWAYS.
5) Know who is important in the account and what is important to them.
6) Review the information as you are planning your week.
7) Review the information as you are preparing to walk in the door to make the
call.
8) Make your call notes immediately following the sales call.
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Sales Leadership
Sales Team Automation
Automation is the single most exciting element in the home care and
hospice sales management arena. Customer relationship management (CRM) describes
the process and systems used to manage the customer experience. Knowing the
customer is critical to maximizing the sales person's efforts. The more an
agency knows about its referral sources, the more it can anticipate their needs.
Industry in America has invested billions in this type of technology, and when
properly implemented, the return on investment has been phenomenal.
When creating the CRM automation processes, the sales manager
must determine what he or she needs to know about the customer and how the data
will be used. The data contained in the CRM software will reflect those elements
that are important to serving each customer in a personal, high service manner.
The process begins with the development of a system to be used
to track and utilize the customer information. Data without a plan for its use
is only data. When assembled in a coordinated tactical plan, the information
becomes a strategic advantage. The importance of compiling information for home
care and hospice agencies increases with each passing year, due to increasing
competition in the industry. Think of this customer relationship data as a form
of enriched demographics for each of your customers.
The simplest form of contact management solution is a pen and
paper. However, its functionality is limited and the more complex the referral
source, the more laborious it becomes. The information is then compiled in the
form of an alphabetized three-ring binder or file box of note cards. This is an
excellent place to start, but soon the next logical step will be to automate the
data. Limited automation is achieved by converting the paper records to an Excel
spreadsheet that allows for reviewing and sorting of data, printing mailing
labels, etc.
The more costly CRM and PRM (partnership relationship
management) systems start in the $100,000 to $150,000 price range for entry-level products. This is prohibitively expensive for most home care and hospice
agencies.
Cutting-edge agencies are now purchasing affordable CRM packages
as their primary mechanism for information storage and retrieval. The cost is
relatively inexpensive -- somewhere around $600 to $800 per user in a one-time
purchase. The upfront costs will then provide the agency with a customized, home
care- or hospice-specific CRM system.
The basics of the CRM solution remain the same no matter the
budget: knowing the customer and using that information to maximum effect.
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Ask Polly
Value Added: What is value?
by Polly Rehnwall
A
value added sales culture is a philosophy, paradigm, mindset, process -- a way
to do things that is ingrained in what you do. Management cannot just give it
lip service, they must lead by example. It should be completed with strategies
and tactics to continually underscore in the customer's mind that there is added
value in working with your hospice.
Value added selling emanates from a customer oriented philosophy
of serving the customer that:
~ Seeks ways to add value, not costs with every effort or
initiative
~ Pursues excellence in everything you do
~ Defines value in the customer's eyes
~ Is a total customer experience with my hospice that encourages
referral partners to refer over and over again
~ Is supported by leadership and in every area of the hospice
~ Represents the core focus for the referral center staff,
program representatives and admission nurses
Establish the processes that will support the value added
approach throughout the sales, referral, and admission management stages. This
will be true whether the patient is located in a facility or a home.
Value added sales teams move the prospective referral partner
through the sales process without rushing the sale. They establish the needs of
the prospective referral partner and work to demonstrate added value on a
parallel track to the referral partner. Once the prospect becomes a referral
partner, the sales team shifts into a defensive selling mode, the sale AFTER a
sale that is designed to cultivate, manage and protect the relationship.
Defensive sales tactics are designed to retain and grow referrals from existing
accounts.
Reinforcement of the added value for the individual referral
partner is at the heart of the long-term success of your program.
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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 if a referral source goes cold and just stops
referring?
Answer:
What we know is that something changed and you must find out
what that is as soon as possible. The quicker you recognize that they have
stopped referring the better. This is one of the most important reasons for
having account lists with historical referral patterns. Once you believe that
they have stopped or slowed down with the referrals, you
must shift into detective mode. Don't hesitate to tell them that you noticed a
drop-off in referrals and want to make sure you or your company didn't do
anything to make them mad. Be prepared with the follow-up question when the
answer is "we just haven't had anything lately." In rare instances this is the
case, but most of the time it is an attempt to avoid discussing the issues with
you. The longer it goes on, the harder it is to fix -- so be diligent in asking
the hard questions.
Question:
I am a new liaison. How long should it take for me to start
producing results?
Answer:
As a rule of thumb, you should start seeing referrals as a
result of your activities after four to six weeks in the field (not
orientation). You should be producing good results within 90 days. If you are
not seeing the results, seek help from your supervisor. The quicker you do, the
more likely it is that you will get help and support (and the time to show
results). Remember that if you have to make big changes in your approach, you
are essentially restarting the time clock.
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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. |