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Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Bring Back an Old Product Presented By Herb & Becky Bivens 2014

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Page 1: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Bring Back an Old Product

Presented By

Herb & Becky Bivens

2014

Page 2: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Beginning

We were on medical leave for January Zahira called to ask if we would consider

working a Real Estate Establishment in Huntsville, AL

Owner had called and needed new folders Southeast Publications worked job in 2009 Asked for Job Detail and copy of folder Received Job Details from Zahira & digital

copy of Presentation Folder from Diego

Page 3: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Things to Consider

Is Rosenblum Realty the dominant realty in the area?

What is the reputation? Will the area support a presentation

folder? Does the Realty Company have a

presentation folder? If so, how long has it been since the

current folder was updated?

Page 4: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Let’s Look at‘Things to Consider’

Is Rosenblum the dominant Realty Company in area? 25 Agents 4th Generation Ownership Active member with Chamber of

Commerce Manages over 500 rental properties Seemingly has a Great Reputation Appears to be the Leading Realty Industry

Page 5: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Let’s Look at ‘Things to Consider’

Will the area support a presentation folder? Huntsville, Alabama the “Rocket City” Home to the Redstone Arsenal, the

University of Alabama in Huntsville, and Alabama A&M University

Arsenal Workers and College Students transition often

Page 6: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Let’s Look at ‘Things to Consider’

• 2013 Huntsville Development Review

Young adult population has grown 27 percent since the 2000 Census

Seniors jumped 21 percent during the same period. Huntsville remains the fastest-growing large city in

Alabama The 2013 population estimate -- 187,413 - is up 4.1

percent from the 2010 Census

Page 7: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Challenges

Located 75 miles from home Different range of advertisers Southeast Publications worked in 2007 Last updated in 2009 Presentation folder(s) not available from office Not even a sample of another Realty Company If all else fails…Check the Manual!

Page 8: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Sample Style Sheet

Page 9: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Sample Style Sheet

Page 10: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Primary Prospects

Appraisers Escrow Companies Home Inspectors Insurance Home / Auto Mortgage Companies Title Companies

Page 11: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Different Business Segments

Not Your Normal ‘Mom & Pop’ Operations

Home Buyer/Renter vs. RV/Camping

Different Type Services Needed

Face-to-Face vs Phone Contact

Page 12: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Pricing Structure

Check local campgrounds for pricing. Check pricing from 2009 detail sheet. Again, check manual:

• Minimum price for full panel ad - $539

• Minimum order 1000 folders; cost $2755

• 50% Premium $’s for business card flap ad

• No maps on folders

• 14 panel format only

Page 13: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Establish Pricing

Page 14: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Presentation Folder Forms

Same Forms as Guest Guides except: # of Folders Formula Establishment Copy Form Initial Meeting Check List Exit Meeting Check List Ad Specification Sheet Ad Sample Price Sheet Style Sheet – Front & Back

Page 15: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Initial Meeting

This Realtor insisted on making the initial contact for each potential advertiser

Of course, that opened the door for us Active member of the Chamber of

Commerce Learned of his business club Shared our pricing Immediately began calling prior advertisers

Page 16: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Work Schedule

Returned home & prepared media kits. Called advertisers to made appointments. Drove two days (Thursday & Friday) to

Huntsville to follow-up with appointments. The first week, we did not make any cold

calls. Talk about a different sales approach!

Page 17: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Drove back Monday, stayed 2 nights in motel

Met with realtor & provided update Follow-up with additional appointments Asked about potential advertisers we

would see driving to & from appointments

After the first few days, having established a comfort level with the owner, he allowed us to make cold calls

Work Schedule

Page 18: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Work Schedule

Sometimes in our presence the owner would call and make the initial contact

Continued appointment follow-up & cold calls

Tuesday – appointments & cold calls Wednesday – clean-up & Scheduled

exit meeting the following Monday

Page 19: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Work Schedule

Completed job using a tablet Daily upon returning home:

E-mail to Advertiser(s) Advertising Agreement Ad Copy Layout Invoice (if necessary)

Follow-up next day with advertiser

Page 20: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Work Schedule

• Monday• Exit meeting with owner• E-mailed signed Establishment forms• Completed Order Check List

• Tuesday• Sent Teresa link for download• E-mailed photos, logos, etc. to account manager

• Next few weeks• Received / Returned proof• Confirmed delivered product with Realty.

Page 21: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Finished Product

Page 22: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Finished Product

Page 23: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

What about Banners?

Normally establishment gets 2 banners Outside cover Inside map w/advertisers

Establishment can receive 2 Inside maps w/advertisers

Page 24: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

What about Banners for Realty?

New challenge since not done before

Need to establish layout

Worked with Brian & Diego

Developed an eye-appealing solution

Page 25: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Hooray…Hurrah!!!

Page 26: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Presentation Folder Banner

Page 27: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Evaluate Job/Yourself

Did we do Good?

Ever wonder ‘was the establishment pleased’?

How you know you’ve done a good job?

Page 28: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Customer Satisfaction

Herb,

I got the docs and appreciate you forwarding them.  We appreciate your prompt and courteous follow up with the advertisers and the contact that you kept with me during the process.  I look forward to receiving the new folders soon, to use for our customers and clients.  We hope it also will be profitable for the advertisers.

 

Thanks,

Carey Rosenblum

Rosenblum Realty Inc. , Huntsville, AL

Page 29: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Why Did We Do It?

• Job Gross $ 8,637.00• Print Cost

2,755.00• Commissionable Cash $

5,882.00

• Commission Earned $ 3,823.30• Proof Charges

150.00• Job Net $

3,673.30

Page 30: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Would we Do it Again?

Absolutely!!

Page 31: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

QUESTIONS and/or COMMENTS

Page 32: Bring Back an Old Product Presented By Herb & Becky Bivens 2014

Thank You

Sales Associates

HERB & BECKY BIVENS