Repeat Tours – A Key Indicator of Future Success
Leave a CommentRecently, Solutions Advisors, Chief Sales Officer Mike Brindley was speaking at a conference. A member in the audience asked him, “what key metric do you typically look at as a measure of success?” His response surprised the room when he quickly said, “repeat tours.” While the tour to move-in ratio is a key metric you should pay attention to in sales, Solutions Advisors suggests an even more important indicator of prospects advancing in their sales journey is the repeat tour. In other words, once the prospect leaves your community after the first visit, what are the chances of them returning and continuing to engage? And, as most prospects visit the community multiple times before making a buying decision, what can you do as a salesperson to encourage a repeat tour?
Let’s first explore several reasons why a prospect might not return for a second look. There are three primary reasons someone does not return.
- It’s very common in the industry to show the entire community on an initial visit which can be overwhelming to a prospect. This feeling then creates a barrier to come back because they feel they saw enough.
- Maybe they were disappointed in some aspect of your community that didn’t show well or what they saw did not match their expectations
- Or the salesperson does not follow up with the prospect in an appropriate or timely way to advance them further
During sales assessments Solutions Advisors cull key metrics including inquiry to tour, tour to move-in, etc., all of which reveal your team’s past performance. Repeat tours, on the other hand, are the leading indicator of future performance because they signal a prospect’s continued interest in your community and the relationship the prospect is building with the salesperson.
Our most successful community partners have several things in common: they understand the value of repeat tours, along with home visits, creative follow-up, strategic events and planning sessions as ways to keep prospects engaged and coming back for more.
What are some activities you can initiate to increase the chances of a returning prospect?
Sit Tour Sit – Before they depart your building, make sure you bring the prospect back to your hospitality room to find out what questions they have and what aspects of the tour most interested them. For instance, if they like the wellness center, invite them back for a fitness consultation with your wellness coach. If the library is of interest to them, invite them to attend the next resident book club meeting. Find a reason to invite them back.
Event Invitation – Make sure the prospect receives an invitation to your next marketing event – and follow up the direct mail or email invitation with a personal phone call.
One-on-one Meeting – If the prospect has questions about a specific aspect of your community, e.g., wellness, dining, housekeeping, etc., invite them back for a one-on-one meeting with the head of that department to respond to any questions or concerns.
VIP Treatment – Invite the prospect and family members to a private dining event; provide the prospect with a gift card for a spa or salon service.
Resident Involvement – Pair a resident with like interests or similar background as the prospect (e.g., a retired nurse or teacher; artist or musician) and provide opportunities for the resident and prospect to engage at your community.
Survey – Follow up the initial visit with a brief survey asking for their impressions and call to discuss any positive or negative feedback.
Creative Follow Up – Follow up with a creative gift based on what you learned about the prospect in the initial discovery of the visit. Make sure the gift is genuine to them and to their personality. If you learn that their only grandson is going away to college, go online, and buy them a sweatshirt with that university’s logo for the prospect.
Sales teams that focus on achieving repeat tours see increased prospect engagement which, in turn, multiplies the potential for a move-in. At Solutions Advisors, we’re all about growing occupancy. Contact Mike Brindley, Chief Sales Officer, at 866-342-2267 to learn how a sales assessment could inspire your team to work Bolder. Smarter. Better.