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There are five components of the direct marketing system. They are the
five steps, the eight working habits, the impulse factors and the law of
averages. It is all door to door.
1. Introduction
2. Short Story
3. Presentation
4. Close
5. Rehash
In the short story you explain why you are there. And about the lady
down the road who bought eight! Show that people want what you are
selling. Fear of loss.
In the rehash phase you suggest buying many things to the person.
Multiple drops; capitalise.
This formula can be used to sell anything. Of course it does not always go
smoothly. There are often questions and interruptions. But these five
steps work.
You cannot leave any of these steps out! If you are working a full 8 hours,
but are not maintaining a positive attitude -- you will not make money
and vice versa. If you skip doors -- behind some of those doors are the
yeses that could have been part of your law of averages. If you are on
time and are prepared, but you do not take control, the customers will
walk all over you.
The law of averages is based on the number of people you see, some will
say yes. Ds-max is not the type of organization that teaches people to
make hard sales. If someone says no -- leave -- don’t stay and twist
arms.
If you usually need to see 100 doors to make a sale statistically those
doors may not come until the end of the day. You need a full 8 hours for
the law of averages to kick in. If a rep only works until one and has not
made a sale yet and decides to quit -- he has no one to blame but
himself. But it is easy for a rep to get distracted if they meet a nasty
customer, the cops get called or they might run out of territory, or they
might just wind up shopping!
The impulse factors should be used in conjunction with the five steps.
They are Fear of loss where you pretend that you only have a few items
left. Indifference where you act like you don’t care if they buy or not,
Greed where you explain where other people have already purchased and
Sense of Urgency where you act like time is almost up. An easy way to
remember them is F.I.G.S.
If you get an area, and you hustle and work the whole time and you have
something that is cheap, not too hard to explain - someone might buy --
you should make some money. This system works all over the world in all
languages. But not everyone can do it. It is not for the shy or those who
are not fit.
Let’s go through a typical business to business day. You pick out an area.
You hit every business in that area -- being sure to hit every side street
and all the business that are in building. You do not do call-backs. You do
not leave cards. This is a buy it now or not at all type thing. Strictly on
impulse. Plus, reps do not make that much commission per sale to justify
keep going back for the one on the fence buyer. In a few weeks another
rep will come by the same area (as long as a mapping system is in place.
If there is no mapping system there could be a rep with the same product
in another hour!)
If you hustle and work the whole day, you can make money. You don’t
pay attention to any negatives like rude people, security officers throwing
you out of buildings or people almost about to buy, perhaps even filling
out a certificate, and then changing their mind. That is all part of
maintaining your attitude and knowing why you are here and what you
are doing and working a full 8 hours and working your territory correctly.
How to explain the magic of the field to people that have never done it?
Just suffice it to say that people go through a lot of interesting situations.
You will meet the sweetest people that will feed you and offer you a coke.
Or you can meet the receptionist with a power trip that calls security on
you along with every other office in the building. You could walk in to a
small business that smells like weed and later on pitch a church that just
got done with a funeral. They meet the best and the worst of people.
They get in weird conversations and situations. Sometimes they strike it
rich. Sometimes it is days without making a dime.
Ds-max and the owners try and make it so that it is possible for a rep to
earn at least $100 a day. If they are earning more than that the stroke
should be adjusted so that they earn $100. If they earn less it should be
similarly adjusted. They don’t want the guys too rich or too poor.
However there are some serious flaws. Not a lot of commission is paid per
sale to a rep. This means they must be in a constant state of work to
make a buck. Reps can have days when they make good money and days
when they make little money. Or they can have days go by when they are
on a slump and make practically nothing. The high earning days are often
not enough to cover this.
SECOND VERSION
Using these 5 steps, focus on the conversation rather than the sale to close the deal:
Introduction
Short story
Presentation
Close
Rehash
1. Introduction
2. Short Story
Reduce scepticism.
Build the impulse to buy. (See “4 Factors for Impulse” presentation.)
Qualify yourself and the prospect.
Briefly explain who you are, why you’re there and what you’re doing.
Ask questions to determine a prospect’s readiness, willingness and ability to buy.
3. Presentation
4 Close