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Local & Network Marketing Course. Presented by Pamela Currie / Franchise Intellect, Inc. My Background --10+ Years in Franchising --10+ in Traditional Corporate --Core Competencies: Franchising, Sales & Training
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Local & Network Marketing Course Presented by Pamela Currie / Franchise Intellect, Inc. My Background --10+ Years in Franchising --10+ in Traditional Corporate --Core Competencies: Franchising, Sales & Training --Multiple Perspectives of the Franchise Business Model (Zee, Zor, Developer, Broker, Trainer) --Certified in multiple sales & business curricula --Founder of Franchise Intellect, Inc in 2009
Agenda Topics • Building Your Brand = YOU! • Rebound Leads • Seminars • Networking • Advertising • Trade Shows • Local Franchisees • Resource Links
Rebound: A rebound lead is a basketball analogy....the client shot at a franchise and it was a miss, or non-match. The client is now bouncing back into his or her search for that perfect business.
Rebound Leads (cont.) Why so many leads and such a poor closing ratio when it only takes 11 broker referrals to close a sale? Usually it can be traced to one of four reasons: 1. Territory sold out 2. Client lacks adequate capital 3. Absentee vs. active ownership 4. Client lacks experience/skill set
Seminar Opportunities: • Outplacement Groups • College Classes • Church Groups • Free Educational Seminars • Civic Organizations • Trade Shows
Networking: • Franchise Attorney • Business Immigration Attorney • CPA • Traditional Business Broker • BNI (Business Networking Internat’l) • Other Networking Opportunities • Commercial Leasing Agents
Advertising: • Newspaper • Radio • Social Media Strategy (Facebook, LinkedIn, Twitter • Trade Magazines / Specialty Publications • Vehicle Wrap / Magnet
Trade Shows: • Franchise and Business Opportunity shows exhibiting in your area can be excellent sources of new contacts and leads. Simply contact the promoter and ask for a list of exhibitors. One or more of these will be companies that you already represent. • Contact the franchise company and offer to help out in the booth. This will give you an opportunity to build a strong relationship with the franchise and acquire leads at the same time. • These shows are also a great opportunity to network with and establish relationships with franchises that you may not be currently representing.
Local Franchises • Any franchisee that deals with the general public will tell you that they are asked almost on a daily basis if they are a franchise, how does it work, how to get more information, etc. Most franchise owners consider these inquiries a nuisance, and will be happy to pass them on to you. • This allows the franchisee a polite escape from the conversation, and provides you with a steady stream of free leads.
Resource Links: • US Franchise Expos: www.usfranchiseexpos.com • Lawyer locator: www.martindale.com • Referral group: www.bni.com