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Join in on the conversation about Senior Housing and the Silver Tsunami with Diane Masson, a senior housing expert for over 16 years. Throughout this site you will find priceless information for both professionals working in the senior housing industry… and for seniors who are seeking the inside secrets to the best options for housing available today!
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The Occupancy is NOT my Fault! It’s the Economy!
Have you heard this from your sales and marketing teams? Is this what the executive director of your senior living community is saying? Are you buying the popcorn? Come on…wake up…seniors are moving into retirement communities everyday. If it is not yours, it’s into your competition. Is your senior living occupancy below 90%? The first thing to look at is the attitude of your team. Do they believe they can do it? Are they truly doing everything they can to fill the building? Are you having exciting events to draw in new faces? When guests arrive at your building are they treated like a precious jewel worth thousands of dollars? They should be – one move-in could be worth $36,000 per year to your bottom line. Does the receptionist jump up to great them? Is your phone answered with clarity and enthusiasm? Are the sales people selling the real estate or the emotion? If your team is only selling the real estate (floor plans and apartments), people would just rather stay in their own home. Senior living communities are about a vibrant lifestyle – do your offer one or is it just bingo? Seniors want the security you offer instead of being isolated in their own home. One of a senior’s biggest fears is having a bad fall, not being able to call for help and end up – stuck – lying on the floor for several days. Are you sharing life-long-learning opportunities and the connectivity with like-minded seniors at your community? Do you offer them? How about sharing the peace of mind (in some CCRC’s) – just knowing...When the Very First Question is “How Much Does it Cost?”
How do you respond when the first question someone asks is: “How much is a one bedroom or two bedroom apartment?” Do you share the pricing immediately? If so, how is that working out for you? Is your retirement community building full using this method? How many of you ask the prospect a few questions first? What do you ask? Do you find out if they have looked at any other continuing care retirement communities for example? Or, do you ask if they are looking for a loved one, if you are an assisted living community? What else do you ask? Do any of you build value for your senior living community, before giving out the price? Do you believe it’s a disservice to give out the price, before they can compare apples to apples and oranges to oranges? How many of you feel that you are exactly like your competition and a one bedroom at your community is the same as a competitor down the road? Many senior living sales people fear the angry hang up, if they don’t answer the pricing question immediately. Yet, if you answer the pricing question right away, the immediate response can be, “Oh, that costs way too much.” Then you get the hang up… True sales people and closers work on building a relationship with the customer, practice great listening skills, create value for what they can offer and differentiate themselves from their competitors. Let’s hear – what works for you and how full you are…who is first? Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase...How Many Sales Are Sitting in Your Senior Living Database?
First, you need to have a database! Second, after each inquiry calls in or walks in, the contact information (senior and/or baby boomer adult children) needs to be captured in your database. Most retirement communities have a database of 1,500 to 15,000 names (please note that real leads are somewhere in the department of 3,000 names or less). I recommend that your leads be sorted into hot, warm and cool. Hot leads will move into the community in the next two months, warm leads will move in about six months and cool leads are beyond a six-month move-in. Hot leads should be touched weekly. Warm leads should be touched bi-monthly depending on their situation. Cool leads should be touched quarterly. Typically, most senior housing organizations also have a large group of people who are not interested now and just want to be on the mailing list. These need to be organized too! Even when someone says, just put me on the mailing list and don’t call – I still schedule a call once a year with him or her. Some of you may say, “No way – I will go by their wishes to never call!” Well, what the senior is really saying is don’t bug me all the time, but I am interested in staying in touch. NO one has ever been bothered by a yearly call from anyone on my teams! Almost every lead in your database should be touched on a quarterly basis by telephone and by mail. If the senior living sales person is making a minimum of 15 calls per day, that becomes 75...Are Follow Up Phone Calls in Senior Living Pushy?
Several marketers told me in the last few weeks that follow up phone calls after a tour can be pushy – what do you think? When every senior living tour is completed– someone is sold in my opinion. It’s either the prospective resident sold the sales person on not being ready to move in yet or the sales person has sold the prospective resident that it is time for them to move into his or her retirement community. When some sales people hear a prospect indicate that he or she is not ready yet, they believe that a phone call will bother the people the next day. They think making that phone call would be considered pushy. And you know what? They don’t make the call! Is your occupancy down? This could be why! Granted, every situation is unique! In the majority of cases, if a senior living marketer really listens to the customers needs and builds a great first name relationship with a senior, then the senior will welcome a sincere phone call the next day. The phone call could be about inquiring if they have additional questions, answers a question they had from the previous day or better yet shares some NEW information that would be pertinent to their decision making process. Obviously a sincere and caring attitude is of the utmost importance and felt by the customer. Everyday that a sales person waits to make a phone call after a tour or an event, the senior’s emotional connection to the decision making process decreases. So if your company’s policy to follow up 3 to 4 days...Senior Living Tour Guide or Sales Person?
Many senior living sales people believe they are great at their jobs, when they are nothing more than over paid tour guides. Anyone offended or riled up? There are numerous components to being a successful sales person in senior housing, but I will focus on just three keys: providing a solution, asking for the order and following up with a phone call the next day. 1) Providing a Solution: Provide an emotional solution to their current challenges. They came in to tour a retirement community for a reason – what are the reasons? Are the stairs in the two-level home too much for them? Do they feel lonely? Is it too much trouble to cook healthy? Did they just get diagnosed with some kind of health challenge? Have they been in a few fender benders and their family wants them to give up their car? Did they take a tumble in their home or shower? Are they concerned about their memory slipping? Future residents will open up with someone they feel they can trust. They can tell if you care about them as a person or just want a commission check. Keep everything conversational and learn what their needs are today. Don’t jump on your community being the solution too quickly, paint pictures of the solutions they need as you tour them through your senior living community. 2) Asking for the Order: This seems so simple, but many sales people don’t ask for the order, because they do not want to come across as too pushy. When someone says, “It will be a few months before we can go...What Type of Price Sheet Do You Use for CCRC and Senior Living Sales? (Part 1)
Just curious how many CCRC and senior living marketers present a price sheet to the prospective resident (with the price of every single apartment visible) or do you use a price sheet with one-bedrooms starting from… etc.? What have you found to be most effective and why? Plus how many write in the individual prices of each apartment, for the client, as they show them? 1) If you use a price sheet (with the price of every single CCRC or retirement apartment visible) – are all the apartments in a certain style the same price? For example: Are all of your two-bedroom – Dakota Style – the exact same price? 2) If you don’t use an itemized price sheet – are all your CCRC or retirement community apartments individually priced? (Individually priced apartment homes would mean that the entrance fee or price for every single apartment home is different and the actual price is based on size, location in the community and view.) 3) Or are you using a combination approach? The price sheet is in the brochure and you write down the individual price on the floor plan of the apartment as they experience it live. If you use the combination approach are your apartments individually priced? Stay tuned next week: Diane Twohy Masson will give pricing recommendations and share what pricing techniques the majority of CCRC and senior living sales people use in Part 2. Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. If your curiosity is piqued to inquire on...Great Events Can Fill Your Building
Are you afraid of events or do you embrace them? How innovative are your events? Are they attracting qualified prospects to your community? The sole purpose of events is to have new prospects walk in your door and say, “Wow! This is where I want to live.” This chapter goes into detail on ideas and how to put on a great event. What is your definition of an event? For example, the community picnic is a wonderful celebration for all residents and their families. It is not an appropriate event to invite prospects because they don’t want to see the sea of wheelchairs and walkers from the assisted living and skilled nursing residents. Please do not call this a marketing event. The community picnic is an event for existing residents and should be handled by resident services/activity directors. Marketing directors can help, but they need to stay focused on new sales or there won’t be any. So how many marketing events should you be having? My recommendations: Large events should be held three to four times a year. Small events should be one to two times a month, depending on occupancy needs and your ability to attract new faces. Let’s break each of them down from start to finish for ideas and planning to produce effective events. A large event draws one hundred to three hundred attendees. Who do you invite? First on your guest list is your wait list. There are people percolating on your wait list who just need a subtle push to call the moving van and order change of address cards. If your event is...Do You Show Floor Plans Before Showing the Senior Living Apartment?
There seems to be a new sales tactic to show future residents the brochure and floor plans – before touring the senior living community! This makes no sense to me. Most people cannot look at a floor plan and decide to give up their 3000 plus square foot home of 30 years and just move into a smaller sized 1000 square foot apartment. Some professionals or retirees were former realtors, designers or architects – these folks would most likely be capable of picturing all their worldly possessions on a 8 ½ by 11 inch – floor plan. So let’s just assume the rest of the people can’t visualize a space based on seeing a retirement community floor plan. Some senior living sales people actually asked me if I would like the bathroom placement or closet placement here versus there. What?!? I asked them to show me in person. They seemed surprised that I needed a real visual. Others showed me one bedroom and two bedroom floor plans and wanted me to select my favorite floor plan to determine what to go see in the building – nuts! Be a better sales person and figure it out for me. Ask better questions to learn about my lifestyle and needs. Senior living floor plans are a tool to help someone visualize the placement of furniture in their apartment home. Use it after the prospective resident has already seen and has expressed interest in a certain style apartment at the retirement community. A floor plan can be a helpful reminder of what you saw an hour ago. But if they want to...10 Negative Impressions Through the Eyes of a Consumer in Senior Living
Please enjoy this published article I wrote for seniorhousingforum.net for my friend Steve Moran. – http://seniorhousingforum.net/ Here are my top 10 positive and negative first impressions after touring 15 senior living communities in 3 days. (Part 2) By Diane Twohy Masson My top 10 positive first impressions of touring 15 senior living communities were talked about in Part 1. My goal was to put myself in the shoes of the adult boomer child looking for the right retirement community for an aging senior parent. What would be his or her overall impression after viewing 3 to 5 senior living communities in a couple of days? Now, in part 2, let’s talk about how some senior living communities chose to put their proverbial foot in their mouth and some of the reasons why they did not make a good first impression for this adult boomer child. What were my top 10 negative first impressions of 15 senior living communities? 1) Driving up and seeing a weed filled garden, the lawn too long or the building in any type of disrepair. (If they can’t weed the garden on a regular basis, maybe they won’t be able to take good care of my mom on a consistent basis.) 2) A sea of people in walkers and wheel chairs staring at me as I walked in the building or looked in the dining room. If they were having a stimulating dining room conversation with their fellow residents or staff, they would not even have looked up at me (instead they were bored and ALL looked at me). 3) Bad smells – from walking in...Do Residents Give Better Tours Than Senior Living Sales People?
After touring 11 retirement communities in the last several days, I say yes – to residents being the best! The senior living sales people who gave me tours – only focused on the real estate. It was all about showing apartments, casitas and duplexes. They only asked enough questions about my mom to determine if she could live independently in one of those choices. The resident tour guide was fabulous! She wanted to know about mom as a person. Her questions were geared toward learning about what my mom enjoys now and then proceeded to explain how my mom could experience an even better life and social connections at the retirement community. The resident brought the lifestyle to life first, by describing all the fun activities in every single community space that I was shown. For example, when she showed me the swimming pool, she proceeded to describe how the residents enjoy water volleyball and how she personally enjoys it twice a week. I was blown away. The life she described was so exciting that I wanted to move in immediately. After the resident painted the dream of the lifestyle, she then showed me her own beautiful home. It was one of the best tours that I have ever been on. She apologized that there was no brochure to give me. The sales people don’t let her give them out. She made sure she captured my contact information too. Now here is the icing on the cake, she called me back two hours after I left to tell me something she forgot. She shared again, that she would truly...10 Positive Impressions . . . Through the Eyes of a Consumer
Please enjoy this published article I wrote for seniorhousingforum.net for my friend Steve Moran. – http://seniorhousingforum.net/ Top 10 positive and negative first impressions after touring 15 senior living communities in 3 days. (Part 1) By Diane Twohy Masson My goal was to put myself in the shoes of the adult boomer child looking for the right retirement community for an aging senior parent. What would be his or her overall impression after viewing 3 to 5 senior living communities in a couple of days? What community would rise to the top and be their first choice? What were my top 10 ten positive first impressions? 1) Smelling freshly baked chocolate chip cookies when I walked into the lobby. 2) As I drove up seeing perfectly manicured lawns, a good-looking building and some colorful flowers out front. (Flowers in pots by the front door looked great.) 3) Some kind of “wow” when I entered the lobby that would direct my eye to the beauty of the community and not see the walkers and wheel chairs. An example was seeing a gorgeous/expensive flower/plant arrangement on a circular table as I entered the lobby. Another retirement community had a beautiful living room area with a fireplace, a FRESH flower arrangement on the coffee table and happy residents conversing. 4) Having the receptionist stand to greet me with a smile and a handshake. 5) Being offered refreshments immediately (I was parched from all my touring!) 6) Having a marketer tailor the tour to the needs of my mom. They would bring each community space to life by painting a picture on how my mom...Do You Have Proactive or Reactive Marketing?
One of the reasons your occupancy may be down is because you may have reactive marketing. What does this mean? Do any of the following scenarios happen at your community? You walk into Bored Brad’s marketing office and he’s sorting paper clips. He just wants to give a tour but no one is coming in or calling the community. When you stop by Blabby Barbara’s office, she is on the phone, but you quickly determine that she’s talking to a friend and not a potential resident. Residents complain to management that phone calls to the marketing department are not returned in a timely fashion to friends they have referred and who are prospective residents. You march right over to Moody Marbella on your marketing team to address the residents’ concerns. She responds by changing the subject and, worse, blaming you with her explanation, “Events won’t work. Low occupancy is not my fault.” Do you think she missed the point? Does this really happen? Yes! Reactive marketing people truly exist and I have worked with some of them. It can be a challenge to determine if the new team you are managing is reactive, but once you know the symptoms it’s easy to identify: Symptom 1) Reactive marketing does not have programs or policies in place to make a certain number of outbound phone calls per day. This means every day. Symptom 2) After conducting a tour, reactive marketing people wait for prospects to call them back to say they are interested in moving in. This is really the function of an order taker and not the attitude of a...Learn More About Senior Housing
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