To subscribe to The Legendary Sales Leadership Letter, click here.
 


The Legendary Sales Leadership Letter 
 
September 15, 2009

"How well we communicate is not determined by how well we say things but by how well we are understood."
~ Andrew Grove ~

 

In This Issue:
Welcome
Feature Article
Sales Training Corner
Sales Tip
Sales Leadership
Ask Polly
Questions and Answers
About Us
 

 



 

 

 

Our Top Picks
(Click below image for more information or to order)

Complete AdmitRight™ DVD Set
 

 

LEGENDARY RESULTS: Managing Referrals & Increasing Admissions (Vol. 1 - Referral Management)

LEGENDARY RESULTS: Managing Referrals & Increasing Admissions (Vol. 2 - The Admissions Process)

Field Guide to Selling Hospice Services

Field Guide to Selling Home Care Services

Square One Bootcamp

Sit in on a class for FREE!

52 Week eSales Training Course

17 Proven Methods to Grow Referrals for Legendary Results in Home Care & Hospice (eBook)

 

 

 

 

 

 

 

 

 

 

 

Want More? Click Here


 

 

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.

This newsletter and all content and information contained herein are the property of Simione Consultants, LLC and may not be reproduced in any form without the express written consent of the publisher.

Copyright 2009 | Simione Consultants, LLC | All rights reserved.

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