Last week I visited Tamarack Lodge in Traverse City, Michigan to conduct “Sales Training For The New Economy And The New Consumer”. My training program, a response to our national economic transformation, has been outlined in numerous publications and appears on approximately 210 websites, thanks to Marge Lennon (Lennon Communications). There is no need here to repeat an explanation or description of the program. Sufficed to say that “It’s not business as usual anymore”.
There are a few things about my visit that are noteworthy.
First, the sales staff, Marketing Director, Hotel General Manager and Developer reported that they had received sales training from two other trainers and that, while they each offered some things that were worthwhile, they, generally, missed the mark when it comes to understanding the Fractional Ownership buyer and the sales approach that the clientele demands. They reported that the training was too much sales techniques and traditional “tricks of the trade”. They agreed that the non manipulative, non self serving, principle based approach was more effective. Further they had come to the same conclusion as I that the consumer coming out of the recession is much more savvy, more skeptical, less trusting and more conservative than ever before and that my training was well suited to accommodate this smarter, thrifty, value driven customer.
The second noteworthy item ocurred when I attended the owners wine and cheese party. I was able to chat with several first or second year owners about their experience from the first contact, through the sales process and subsequently as owners. Here is what I heard, thus reinforcing what we in the industry have known for quite some time.
1) They had already made a commitment to Traverse City as their primary vacation destination and in at least one case, had been vacationing there with their parents when they were children. This is not unusual at the most carefully selected Fractional Ownership destinations. I call these destinations “Heritage Destinations”.
2) They, of course, were impressed and pleased with the quality and warmth of Tamarack Lodge and while that was important, the treatment they received as prospects and what they observed of the owners’ enthusiasm and satisfaction with what they had purchased weighed heavily on their their ownership decision after attending a wine and cheese party or other owner activity.
3) Concerning the sales process, the people with whom I spoke, were adamant that as nice as Tamarack Lodge appeared to be, if there had been one manipulative or self serving sales technique perceived, they would have not purchased and sought an alternative.
We have alsways known that the Fractional buyer is different from the timeshare buyer, but it was reassuring to have our most important notions verified through first hand testimony.
1) Destination is of the highest priority in determining a successful project.
2) Fractional Ownership is about the lifestyle and the experience that people enjoy and receive.
3) Traditional timeshare training and practices are neither appropriate or effective in the Fractional Ownership arena.
The last item of note was unexpected and, yet, fulfilled a notion that I had hoped would come to pass. I have reported, starting a year ago, that I had acquired an internet travel company that I named “Resort Industry Travel” www.resortindustrytravel.com. I thought that such a company was a logical compliment to my core business as industry consultant and trainer. We are, after all, in the larger Leisure and Travel industry. I didn’t have any specific idea as to how I might enhance what I could offer clients until very recently. My travel company franchiser developed an enhanced internet opportunity called ZamZuu. It has the same travel portal as the original franchise with a booking engine for airlines, hotels, rental cars, and cruises and has added an online shopping business consisting of about 700 recognizable and familiar stores and services. A ZamZuu business owner receives cash back of 2% to10% or 15% on every purchase through the travel portal or the online shopping service. Anyone who uses the ZamZuu business owner’s account also receives cash back and the business owner rceives a 30% commission on whatever those who use the account receive.
The revolution came a month ago when ZamZuu announced that I as a ZamZuu Broker can give the business to anyone and set them up in their own ZamZuu business as a Free Agent…..FOR FREE…NO COST…NO INITIAL COST….NO ONGOING COST. A number of my colleagues, friends and family have already signed up for their own ZamZuu business in the last month.
I mentioned to the developer at Tamarack Lodge that I could book my airfare through my travel company if that was OK with him. On my second day of training he asked about my travel company. I didn’t expect it, but took the opportunity to explain what it is and how it works. He took about 15 seconds and arrived at the following determination.
He has decided to acquire the internet ZamZuu business, private labeled, under the name of the resort, and present to the owner base the opportunity to use the Tamarack Lodge travel portal and shopping service and receive cash back on their purchases and the commissions that he wll receive on their purchases will be turned over to the Homeowners Association to either reduce Maintenance Fees or sponsor special events like an annual owners dinner. What a wonderful idea!
So, there it is. Thanks to Tamarack Lodge, here is something beneficial that I can offer to colleagues, developer clients and their owners or affinity groups. If you want your own resort or personal ZamZuu business, I would be happy to refer you. Just go to www.zamzuufreeagent.com/ritravel and follow the directions. It’s fun. It’s Easy and It’s FREE. If you want to see how the business works, go to my account www.zamzuu.com/ritravel
Until next time,
Tom