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OUR CONCEPT
OF SELLING AND
HOW
IT DRIVES THE COLLECTION PROCESS
We are a collections-driven company.
Our concept of selling as it relates to collections not only
creates greater recoveries, but also enhances, rather than
inhibits, your sales efforts. The objective is to maximize
your collections in a way that would not compromise customer
relations.
You have already created "the
open" by selling to your customer. Our job is "the
close"-having you get paid. We do this by finding the
customer's "hot button," the factor that motivates
them to do what they demonstrated they don't want to do-pay
the debt.
MB&W's approach to collections
is early identification of why an account is unpaid. Oftentimes,
it is a paperwork or customer service issue. The concept of
selling approach allows us to take CRM (Customer Relation
Management) into the receivables management arena. In those
instances where the problem is strictly a lack of desire to
pay, the concept of selling dictates the Account Manager find
the "hot button." Persistence and the unwillingness
to accept "no," combined with an average of 12 years
experience, allow our Account Managers
to produce superior results.
The concept of selling also requires
that a good sales effort incorporate good marketing. For instance,
the design of our letterhead exemplifies the quality of correspondence
needed to create high credibility. We find it gets read faster
and produces more impact than traditional "form letter"
collection correspondence.
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