NBN Online for the week of December 11, 2006

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
Housing Fundamentals Remain Strong, Hovnanian Says
Second and Urban Homes Not a Big Lure for Baby Boomers
Building Homes of Our Own, NBN Earn National Honors
Share Nation's Building News With Your Staff. It's Free.
Layouts for Living
Floor Plans: Art Deco Meets Asian Symmetry in Miami’s South Beach
Coast to Coast
As Prices Fall, U.S. Home Buyers Benefit
IBS
New Kitchen Lifestyles Explored at Builders’ Show
Housing Forum
In Virginia, A Workforce Housing Initiative That Works
Politics & Government
Storm Water Reform Bill Would Cut Housing Costs
Real Estate Provisions in Last-Minute Tax Bill
Economics & Finance
Useful Links to Monitor Economic and Housing Trends
Workforce Housing
Demand for Housing Near Mass Transit on the Rise
Tips
Builder's Tip: A Time Saver for Installing Closet Shelf Cleats
Business Management
Stay on Top of Projects With Project Management Software
Deliver Projects on Time With ‘Scheduling for Home Builders’
IBS Has Tech Seminars About Increasing Efficiency, Profitability
Construction Safety
Injuries From Installing Drywall Can Be Prevented
Tickets Available for Safety Awards Luncheon
50Plus Housing
Enter the 2007 50+ Housing Design, Marketing Competition
Multifamily
Builder Confidence in Condo Market Sinks in Third Quarter
Building Systems
Register for World of Concrete 2007 in Las Vegas Next Month
Education
Education Calendar
katrina
Drywall, Plywood, Shingles Needed in New Orleans
Green Building
Builders Working to Reduce Energy Use, Says Pressly
Legal
Builders Subject to Effluent Rules, Court Decides
Labor
Training Program Jump-Starting Construction Careers
Building Products
Good Margins Start With Knowing Costs of Building
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Sioux Empire HBA Launches ‘Tools for Schools’
Association News
Dell for the Holidays: Double Discounts Through Dec. 31
Advice From Industry Experts: Ramp Up Sales and Marketing
Play Builders' Free Online Pro Football. Don't Drop the Ball.
UPS Offers Up to 30% Discount to NAHB Members on Shipping
GM $500 Off Exclusive Offer for NAHB Members
Calendar of Events
NAHB Career Center

Related Articles

Dell for the Holidays: Double Discounts Through Dec. 31

Play Builders' Free Online Pro Football. Don't Drop the Ball.

UPS Offers Up to 30% Discount to NAHB Members on Shipping

GM $500 Off Exclusive Offer for NAHB Members

Calendar of Events

Advice From Industry Experts: Ramp Up Sales and Marketing

Tom Stephani, S. Robert August and Bill Becker ― industry veterans who have been through market shifts more than once ― will discuss what changes you should make to your sales and marketing in order to thrive in today’s market during an upcoming audio conference.

The hour-long teleconference, “Ramp Up Your Sales & Marketing in a Changing Market,” will begin at:

  • 2:00 p.m. EST, Jan. 9 and is available free to NAHB members. 


Stephani, August and Becker will counsel participants to be proactive and adjust their sales and marketing processes. This includes assessing and changing their sales team and how they work with prospects, reducing their inventory, shopping the competition more effectively and more.

The conference will include a 40-minute presentation, followed by 20 minutes of questions and answers from participants.

Think Like a Retailer

Builders who haven’t made any changes to their sales and marketing approach in response to the changing market need to do so — yesterday, says Becker, MIRM, CMP, managing director and president of the William E. Becker Organization in Teaneck, N.J.

He will share insights on how to develop a marketing plan that focuses on moving forward, and discuss how to re-evaluate that plan and adjust it if necessary.

“We’re in the retail business. The three things that keep people coming back are: ‘new,’ ‘grand opening’ and ‘free,’” Becker says. “Retail makes money by having something new every day.”

Keeping models fresh and offering new events on a consistent basis are crucial, he says.

Begin Building a Strong Customer Base Now

“Now is the best time to execute new sales and marketing campaigns,” says August, MIRM, CMP, Master CMP, of the S. Robert August Company, Inc., in Greenwood Village, Colo.

During the conference, he will discuss how to overcome objections, build a stronger customer base and initiate unique and distinct sales and marketing programs for the business-to-consumer and business-to-business markets.

“You’ll be able to adapt these concepts to a profit-building marketing campaign for your business, regardless of your size,” says August, who has weathered six adjustments since he’s been in the industry.

Slight Adjustments Can Improve Your Conversion rate

Moderator and veteran builder Stephani, CGB, CAPS, MIRM, CMP, of William Thomas Homes, Inc./CCC, Inc., in Crystal Lake, Ill., who also has been through numerous market shifts, says that small changes can make a big difference.

“Just some slight adjustments can improve your conversion rates and help you adjust to a changing market,” he says. He also encourages builders to look for solutions that go further than incentive packages. “Incentives are just one part. Let’s be better salespeople,” he says. “Let’s make sure the soft contracts turn into hard contracts.”

Finally, Stephani cautions, the worst thing builders can do is lose hope. “We have to make sure that people understand the sky is not falling; it’s just a little cloudy.”

Conference Topics

The 40-minute presentation will cover:

  • Minimizing objections: Understanding buyer needs, wants, abilities and fears
  • Innovation: Offering incentives to buyers and employees
  • Assessing your sales team
  • Strategizing appropriate product mix: Shopping the competition
  • Reducing inventory
  • Maximizing lender relations
  • Cutting costs

 

To Register

For more information, or to register for the free “Changing Market” audio conference, click here, e-mail Wil Heslop at NAHB, or call him at 800-368-5242 x8472.

Teleconference materials will be e-mailed to registered participants in advance.

The conference is co-hosted by NAHB’s National Sales and Marketing Council and Biztools, NAHB’s business management comprehensive resource on the NAHB Web site.


 

Sponsored by
McGraw Hill
Construction

 
 
> Find and manage projects right from your desktop.
> Get your company listed in the new McGraw-Hill Construction Directory.
 
 

Sponsored by
Freddie Mac

 
 
> CEO Syron Puts Housing and Economic Trends in Perspective, Rejects Charge of Systemic Risk
> The GSEs and Housing Affordability: A Necessary But Not Sufficient Condition
 
 

Sponsored by
NAHB

 
 
> Get Dell Double Discounts Through Dec. 31
> GM NAHB $500 Exclusive Offer
> Save Up to 30% on UPS Shipping