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SALES & MARKETING STRATEGIES |
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Marketing Strategies:
- Set parameters on truck types / wholesale values that are always inspected.
- Based on your parameters, have all appropriate trucks inspected.
- From the inspection results you will need to make important decisions:
- No repairs needed: Truck is qualified for coverage.
- Minor repairs needed: Make the repairs and qualify for coverage.
- Major repairs needed: Decide to wholesale, auction, or overhaul.
- Decide which truck types and wholesale value levels to market with complete protection plan coverage, and be consistent.
- Include the cost of a complete Powertrain Protection Plan in all your retail "asking" prices for qualified trucks.
- Advertise and market the Powertrain Protection Plan coverage on all qualified trucks.
- This marketing strategy offers you the best marketing and negotiating position.
- You are addressing buyer concerns for protection.
- You are selling more than price.
- You are differentiating your trucks from your competition's.
Sales Strategies:
- Review the "Buyer Benefits" sheet with the buyer.
- Review the "Warranty Comparison" chart with your customer.
- Point out National Truck Protection's industry exclusive Wear-Out protection.
- Provide examples of how this plan offers genuine failure protection.
- Point out National Truck Protection's exclusive "excessive oil consumption" protection
- Point out all the components that are only covered by National Truck Protection.
- Compare the costs of all other Protection Plans to National Truck Protection.
- Use competitive "warranty" literature for pricing.
- Point out how price competitive National Truck Protection's coverage is.
- If there are price objections, you have numerous choices to offer your buyer:
- You can offer a variety of less expensive coverage options.
- You can split the cost of the coverage with the buyer.
- You can choose to absorb the coverage cost to make the sale.
- You can remove protection plan coverage and sell the truck without coverage.
- Please review "Sample Disclaimer".
- Consider putting this disclaimer on your company letterhead; ask the buyer to read and sign it at the time of sale indicating that he chose to purchase this truck without coverage.
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