NBN Online for the week of December 18, 2006

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

In This Issue:

Front Page
Revving Up Existing Home Sales Crucial Step in Recovery
Builders Sense Tide Is Turning for Housing Demand
Nation's Building News Will Not Be Published Dec. 25, Jan. 1
Read Our International Builders' Show Preview on Jan. 8
Layouts for Living
'Cottage Residence' Loaded With Options
Coast to Coast
Raids at Swift Raise Questions About Employers’ Ability to Check Status
Forum
Refocus Prospects Who Are Looking for a Fire Sale
Economics & Finance
Bank Guidance Not Likely to Impede Credit Flow to Housing
Eye on the Economy: Buyer Demand May Be Stabilizing
Useful Links to Monitor Economic and Housing Trends
Design
A Home That Disappears and Other Unusual Homes
Tips
Builder's Tip: Shop Vac Works for Hard-to-Fill Glue Ups
Business Management
Ten Must-Have Technology Trends for Today's Homes
Advice From Industry Experts: Ramp Up Sales and Marketing
50Plus Housing
The Ten Tips of Marketing an Active Adult Community
Enter the 2007 50+ Housing Design, Marketing Competition
Remodelers
Sign Up for Chairman’s Dinner at Builders’ Show
Building Systems
Gulf Coast Modular Home Show in Mississippi Jan. 9-21
Weber Feted for Concrete Industry Contributions
Education
Marketing More Relevant Than Ever: IBS Pre-Show Education
Education Calendar
Katrina
General Permits Supported for Rebuilding Mississippi
Drywall, Plywood, Shingles Needed in New Orleans
Safety
Tickets Available for Safety Awards Luncheon
Workforce housing
Affordability Gap for Renters Widens in 2006
Politics & Government
High Housing Costs a Growing Challenge for Cities
Building Products
Home Depot Acquires Chinese Home Improvement Chain
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Sign Up for Estate Planning Seminar at Builders’ Show
Association News
Howard on List of Housing’s 50 Most Powerful Persons
Dell for the Holidays: Double Discounts Through Dec. 31
UPS Offers Up to 30% Discount to NAHB Members on Shipping
GM $500 Off Exclusive Offer for NAHB Members
Play Builders' Free Online Pro Football. Don't Drop the Ball.
Calendar of Events
NAHB Career Center

Related Articles

Ten Must-Have Technology Trends for Today's Homes

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, Tuesday, 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.


 

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