Franchise Update Magazine Issue IV, 2012 | Page 45

Website Response Franchisee Satisfaction Jeff Sturgis, Michelle Rowan, Franchise Franchise System Advisors Business Review I submitted information on franchise information request forms on franchisor franchise opportunity websites (responding as a qualified lead). The biggest finding is that of the 81 forms submitted (i.e., franchisors shopped), only 41 called me, about half. Seventy-two did send me an email, so I know they got the form. Doing the math, this means that 31 of the 72 people who emailed me didn’t bother to call at all. In the past, this “no-call rate” has been closer to 25 percent, so for some reason franchisors feel less need to contact leads than in the past. In addition to the lack of callbacks, the other surprising finding was the use of more links, videos, attachments, virtual brochures, etc. in the email I was sent. While I do believe it is good to provide information to a prospect, I would be concerned that franchisors think this supply of information replaces the need to actually pick up the phone and call the lead. Overall, the franchisors that did make the calls seemed to do a pretty good job of engaging the prospect on the first call and asking some good questions. Most did a good job of keeping that initial call short and then setting up for the next step. But it seems to me that most franchisors are still relying too much on the next step in the process being an application, rather than having a second, more involved phone call. I understand the philosophy of not wanting to waste time with a lead that is not serious or qualified, but I think franchisors are really missing an opportunity to engage people on a personal level earlier in the process. People still buy from people, and in the current and recent environment where most franchisors are saying leads are down, I don’t know why they wouldn’t take time to engage on a more personal level with a prospect. n Recommendation: I would encourage franchisors to be more diligent in developing a rapport with a prospect, asking questions, getting to know them through conversation and good questioning and listening rather than relying on automated processes or administrative steps, especially early in the process. W Telephone Response Marc Kiekenapp, Kiekenapp & Associates F irst, we searched company websites for a franchise opportunity phone number. We then called to speak with a franchise salesperson and inquire about general franchise ownership. We were surprised by the increase in “no callbacks.” We also were surprised by the decrease in the amount of information salespersons gathered on the first call: the percentages were down in every category of information gathering. Franchisors did pretty well at sending requested information, and also at returning calls in a timely manner once a message was left. This year, I was getting messages or callbacks more often within an hour or a few hours after the initial call (with the exception of the increase in no callbacks). The higher-scoring franchisors seemed to stick to a guide for the first call: they asked for initial information, outlined next steps, and requested a follow-up for a second conversation to discuss the business and details. When next steps were presented, most were consistent with emailing general information and an application, wanting to schedule a longer conversation, and then sending the FDD with completed app. However, franchisors did not do so well at building rapport. They were excited about the brand and shared information, but conducted less information-gathering about the prospective candidate: not keepin