Ask Joe: Your Time and ‘Selling’ vs. ‘Working the Deal’
You’ll spend about 2 hours making most sales and the outcome depends on how you spend your time.
a. Spend the first 20 minutes focused on the money and you’ll spend the better part of 2 hours negotiating price. Result: 6% Delivery Ratio
b. Spend 60 minutes mostly building value, then another hour working the deal. Result: 31% Delivery Ratio
c. Or spend 100+ min. selling hot button value, then just 20-30 min. to wrap it up. Result: 57% Delivery Ratio
Spending more time selling, equals less time working deals, with higher grosses, and more deliveries.
Q: How long should it take to work deals? Your goal is 20 minutes, so build $50,000 in value on every $30,000 vehicle so ‘budget’ not price is the issue and it’ll go down quick.
Take the JVTN® courses on questions, PRICE, closing & objections to sell more now. Then take unsold follow up, to grab the ones you miss.
Get Joe Verde’s sales book, Get Everything You Want In Sales, now and put your career on the right track.
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