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Up to 12 points commission and a wider credit window now available for Trucks at Hand deals. Learn more now |
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Marketing Tip | Sample Deal | Weekly Survey Program Advantage | Same-day Approvals
Dear Broker, here are your updates for this week...
M a r k e t i n g t i p Enhance your phone sales skills by adapting the benefits of face-to-face selling
Most brokers do the majority of their selling over the phone. Even if you do have the opportunity to meet your applicants and vendors, you probably exchange more words by telephone than face-to-face. Problem is, the telephone is a terrible sales tool. You would probably prefer to do your sales in person. In person you have a captive audience and can take advantage of body language, environmental cues and sales collateral. Most importantly, you are a better salesperson when you are face-to-face. The same salesperson offering the same product will sell better in person than over the phone, but reality limits most people from tallying that many frequent flyer miles.
To take advantage of the sales-enhancing benefits of face-to-face sales when you are actually selling over the phone, follow the steps below.
- Act enthusiastic. Enthusiasm begets confidence, excitement and action.
- Use the customer's first name often.
- Speak louder than is comfortable. In this era of cell phones and VOIP, clarity is more of an issue than it was ten years ago. And, a loud voice implies confidence.
- Act the way you want to be perceived. If you are new to the industry but want to be perceived as a knowledgeable veteran, slip into character and act like a veteran. Act like who your customer wants you to be.
- Stand up when making calls. No one makes an in-person sales presentation sitting down. Try it a few times; you'll feel the difference.
- Smile. This is an oldie, but a goodie. Yes, thousands of sales managers aren't wrong - customers can hear you smiling.
- Use hand gestures. Again, this is natural when presenting your product face-to-face. Don't fight it when on the phone.
- Put a picture on your desk or wall of what your average customer looks like. Speak to that person, not to your computer or window.
- Know your story. Too often on the phone we rely on a rigid script or slip into the same pattern of communication. Know your product, then learn the customer's needs, then connect the two.
Following these simple steps can raise the success rate of your sales calls.
Want more marketing tips? See more.
S a m p l e d e a l o f t h e w e e k Large yellow iron deal exemplifies fast and profitable transaction
Fast and profitable - what business doesn't want to display those traits? Yellow iron transactions with SunBridge Capital are a clear path to these attributes. Below is a sample deal we funded this week:
Average TransUnion FICO: 662 Verified time-in-business: 3.3 years Asset: 2004 Caterpillar motor scraper Amount financed: $182,289 Documents needed for credit decision: online application Monthly payment: $4,464 Requested commission: 10 points = $18,229 Time from application to funding: 3 business days Funding status: Booked
More information on SunBridge Capital's credit programs.
Want more sample structures? See more.
S t a t e o f t h e i n d u s t r y What percentage of your applicants, lessees and vendors do you meet face-to-face?
Vote now to see how you compare to your peers. (If you are one of the first respondents, check back later to see more developed results. All responses are anonymous.)
P r o g r a m a d v a n t a g e SunBridge Capital earns media attention
SunBridge Capital earned media attention this month for two events. First, The Monitor recognized SunBridge Capital for the first time in their "Monitor 100", which ranks U.S. equipment lessor based on various attributes. SunBridge Capital ranks as the eighty-sixth largest equipment lessor and fifth fastest growing equipment lessor in terms of percentage growth. Second, Hillcrest Bancshares and SunBridge Capital announced that Hillcrest is obtaining majority ownership in SunBridge Capital, subject to regulatory approval. You can view coverage of the transaction from The Monitor.
A i m i n g f o r t h e s a m e - d a y a p p r o v a l Updated documentation requirements effective on transactions with lease document requests on or after Sunday, July 1
SunBridge Capital is updating its documentation requirements in light of our entrance into a titling trust. The new documentation criteria is effective for transactions with lease document requests on or after Sunday, July 1.
Read the full details of the documentation changes
For transactions with documents requested before July 1, our traditional requirements remain unchanged.
Follow the link below to view and download PDFs of worksheets and checklists including the new requirements effective on Sunday, July 1:
http://www.SunBridgeCapital.com/Downloads | |