Skip to main content

Sales and Covid 19

Have you ever used the Google News app? It's a blend of headlines that are broken into categories, but with the addition of the Google search engine. I use it from time to time to research current topics or business items. The great part is that if I'm searching for a topic the app will give multiple sources if available.

In a search of "sales covid" I found a lot of articles on business trends in the time of a pandemic. What struck me was the number of articles on so many subtopics. There was an article on how RV dealers are seeing an increase in sales as the summer approaches as well as news stories on various real estate markets. Some industries were doing well while others weren't. 

As the Coronavirus makes it's way through our country, the economic side effects have taken their toll. Businesses, large and small, are looking for ways to adapt and salvage profits. While many are floundering and waiting for the country to "reopen", others have found a new way to succeed. With the latter, the new methods that work may continue to be implemented. 



As an insurance agent, I work occasionally with a benefits enrollment firm, and our clients are large accounts like school districts and municipal governments. As the virus began to spread in mid-March, many of these accounts decided that instead of having enrollers be there physically to meet with the employees, they preferred a virtual enrollment. We scrambled to train enough people on sales scripts, website features and other technical issues that arose here and there.

As a result, this company has hinted that they may continue to use virtual enrollers to some degree in the future, even as the virus starts to abate. They have also noticed which enrollers are better than others when it come to selling over the phone.

Realtors are having to figure out how to show homes in this environment. As one real estate agent told me, "It's not that bad when the house is unoccupied, but no one wants strangers walking through their home in a pandemic, and no one really wants to go into someone's house either." Realtors are having to make adjustments to their sales techniques and are also starting to offer virtual showings. 

Online sales has increased quite a bit since people have had to "cocoon" at home. For some businesses, like my own insurance agency, we have seriously tweaked our online marketing efforts. As a result our organic leads have begun to trickle in at a modest rate. If you can't get to them, get them to come to you is the thought process.

We still hang on to some of the old ways of doing things, like asking for referrals, but now we ask clients we find on LinkedIn or come through our landing page. Adjustments were needed but remembering what worked previously isn't as difficult as it may seem. A little trial and error can help you succeed during these times.

I would love to hear what works for you. Leave a note in the comments section and let us know what industry you're in and any changes you've made that work. 

Stay healthy and keep selling.


Chris Castanes is a professional speaker who helps sales people succeed through workshops and humorous presentations. For booking information, click here. He's also the president of Surf Financial Brokers selling life and disability insurance in several states.

Comments

Popular posts from this blog

The Telemarketer's Leads - A Dumb Story

For a brief few months I worked as a telemarketer for a small firm owned by a young married couple. The husband was a bit of a hot head and kind of a jerk on occasion, but his wife was nice and had to put up with the guy.  One of their clients was a mobile home company that wanted people to come to the lot and see how awesome their singlewides and doublewides were. As telemarketers we offered incentives like a cooler and camera (back when they weren’t part of your phone) and other assorted giveaways. We got a small commission if we could book the client. My coworkers and I would call from a list of leads that our employers had purchased from someone. These leads were supposedly “qualified” ahead of time, meaning that they had been vetted to meet the needs of the client, the mobile home company. Unfortunately, most of the leads were useless. The people we spoke to didn’t live in the right geographical areas or their incomes were too low.  “Why aren’t you guys closing anyone?” t...

How To Prevent (Or Lessen) Momentum Killers

Have you had a great sales run, with the wind at your back as you continue to sell and make money, only to have some event or holiday slow down your momentum? It's happened to all of us. I compare it to running at full speed down a field, and out of nowhere comes a patch of mud and tar, designed specifically to slow you down and make you work harder.  An example of this is the holiday season. For some industries, the end of the year is a great time to make those last minute sales and thin out inventories. But for others, it can be horrible. Let's face it, the holidays are about spending money on fun stuff, like electronics and clothes. No one is even thinking about buying insurance, unless they have to.  "I can't spend any money on life insurance because I have to buy Christmas gifts," is what I hear each year. (Nice priorities, by the way!) Having been through this for a few years I now plan ahead. Instead of beating my head against a wall trying to get people to...

My Short Post On Social Media

Are you leveraging social media to help your business? Are you posting daily and creating content like the "experts" say to do? Most importantly, are you getting results? I've tried using most of the more popular platforms for my insurance business, as well as my writing and speaking business. To say the results are "mixed" would be generous. This may be because I really haven't invested much into advertising on these platforms.  The way I see it, when Facebook, for example, allows me to set up a free page for my business, that is like a "free trial" to see if I can get any interest in my product or service. After nearly 15 years of this trial period, I have garnered little to no business.  One can come up with two arguments here. The first is why would you throw money at advertising when you haven't seen any returns. The other side is that "you could have done better if you had quit being a tight ass penny pincher." Fair enough. But ...