members cannot fall back on technology and use it as a crutch. It is
merely to be used as ocular stimulation or a more engaging way for the
customer to participate in the process.
Can a well-informed customer be a hindrance in
the sales process?
Shulman:
A well-informed customer — who took the time to do
research and came in — is a pretty good customer to have. I think that
as we start to become more and more transparent and as we keep
showing the customer our units and our pricing and what the experi-
ence itself can be like, it’ll just get the customer more engaged before
coming in, rather than having that angst about what’s going to go on.
What impact do you think the changes — technology,
environment, and otherwise — are having on your
sales numbers?
Gehrig:
Technology is having a major impact on how we do busi-
ness and where our distribution channels lie. From reputation defense,
to show rates, to confirmations, to instantaneous updates from our
owners during the actual tour path, virtually every aspect of sales and
marketing, inclusive of the entire sales process, will be positively
impacted by technology. We are in the embryonic stages at this point,
so quantification is somewhat difficult; however, even in programs like
Generator, we have seen a lift in our VPG of over $250.
Lemus:
We believe that all these elements are having a positive
impact on not just our clients, but also our sales representatives, who
are encouraged by the company’s desire to move forward.
Gennuso:
I think our sales numbers are better simply because we
have a more educated client. The technology has helped us create
and present a more compelling story and has given the consumer a
better way of comparing. We primarily focus on the secondary market
so our product, price, and terms fit today’s buyer’s needs. We are
well-positioned to take advantage of the flexibility, price, and value-
buying trend.
Shulman:
There are so many moving parts in the business. And
whether it’s technology that’s available, the information the customer
has prior to the presentation, the product that you’re selling, or the
particular match of the salesperson to the client, I’m not sure I could
really pinpoint and say this one feature has caused either a positive or
negative affect.
What hasn’t or shouldn’t change in the way you
conduct your sales efforts?
Gennuso:
We need to continue to hire great employees who are
professional and are committed to our industry. That should never
change, regardless of technology.
Stroeve:
Don’t try to replace the human element of the sales
process. We sell an emotion-based product that requires individual
interaction.
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