If you’ve been to a tourist hotspot like Venice Beach or Downtown Las Vegas in the last couple years, among all the sunglass vendors and street performers, you might have witnessed a weird new phenomenon: People who are willing to be punched or kicked in exchange for money.
Yep, you give a complete stranger $20 or so, and he grants you the right to hit him.
Sound crazy? Of course it does.
But here’s an even crazier thought: I’d contend you – as a salesperson – have more in common with these people than you might expect.
You might not subject your body to physical punishment in exchange for money, but let there be no doubt about it…
…If you want the monetary rewards associated with a successful career in real estate, you need to be willing to get punched in the face. Repeatedly.
Keep reading to find out what I’m talking about.
All the Money is In Follow Up
So in your case, I’m not talking about literally getting punched in the face.
But figuratively? Yes, most definitely.
Our statistics show only 5.6 percent of conversions happen upon first contact with a lead.
That basically means for every 20 calls you make, one will achieve your desired outcome and 19 others will feel like a right hook landing squarely on your jawline.
So here’s the big question for you: Can you handle that type of rejection? Can your psyche deal with that kind of punishment day in and day out?
If not, you basically have two choices: Find a foolproof lead generation source that brings business to you automatically (Marketing Edge will help you there), or ask yourself if you’re in the right line of work.
Or… you can adapt to accept the rejection and roll with it. Here’s how…
Remove the Emotion. Follow the Data.
Here’s some more fun research based on numbers from our coaching members: 68 percent of conversions came after 8-12 conversations with a prospect.
Not one call.
EIGHT or more!
Are you following up with every one of your leads eight times? How about twelve times? (If not, you’re leaving money on the table. Piles of it.)
Becoming relentless in your follow up is a matter of expecting to be punched in the face and knowing that each time you get “hit,” you’re one step closer to that next “Yes.”
Conversion is purely a numbers game. The more you understand that and the more you look at it from that vantage point, the more you can eliminate the emotion from it and accept it as a reality of doing business.