Dealer Process Secrets

Season 4, Episode 23: Belief & Pricing in F&I Sales: Navigating Cancellable vs. Non-Cancellable Products

May 31, 2024 Philip J. Cheatham Season 4 Episode 23
Season 4, Episode 23: Belief & Pricing in F&I Sales: Navigating Cancellable vs. Non-Cancellable Products
Dealer Process Secrets
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Dealer Process Secrets
Season 4, Episode 23: Belief & Pricing in F&I Sales: Navigating Cancellable vs. Non-Cancellable Products
May 31, 2024 Season 4 Episode 23
Philip J. Cheatham

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Transform Your Sales Floor: Explore Central Desking's Daily Desk—Game-Changing Gamification and Ultimate Follow-Up Await! Click to Elevate Your Team's Performance! https://www.centraldesking.com/home1

Level Up with Philip Cheatham: Drive Transformation in Your Dealership with Expert Insights. Click to Connect and Propel Your Business Forward! https://app.minnect.com/expert/PhilipCheatham
 
Join Philip Cheatham, Sterling Brown, and Brian Steele in this compelling episode of Dealer Process Secrets, where they dive into the critical aspects of F&I sales. The discussion begins with the importance of genuine belief in your products and the strategic pricing of F&I offerings to build trust and effectively close sales.


The hosts then shift focus to the differences between cancellable and non-cancellable F&I products. They explore how each category affects retention strategies, noting that cancellable products generally promote customer loyalty, while non-cancellable products serve distinct purposes. The conversation includes practical advice on how to transparently present these options to customers, aligning sales tactics with customer expectations and needs.


This episode is packed with essential insights for F&I professionals looking to enhance their approach to product sales and customer engagement. Tune in to refine your skills and boost your dealership's performance.


Stay Ahead of the Curve: Follow 'Dealer Process Secrets' on Facebook for Exclusive Insights and Tips to Boost Your Dealership's Performance! https://www.facebook.com/profile.php?id=100060243223598

Dive into Success: Stream 'Dealership Process Secrets' Audiobook for Free! https://www.philipcheatham.com/optin1605827423969

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Show Notes

Send us a Text Message.

Transform Your Sales Floor: Explore Central Desking's Daily Desk—Game-Changing Gamification and Ultimate Follow-Up Await! Click to Elevate Your Team's Performance! https://www.centraldesking.com/home1

Level Up with Philip Cheatham: Drive Transformation in Your Dealership with Expert Insights. Click to Connect and Propel Your Business Forward! https://app.minnect.com/expert/PhilipCheatham
 
Join Philip Cheatham, Sterling Brown, and Brian Steele in this compelling episode of Dealer Process Secrets, where they dive into the critical aspects of F&I sales. The discussion begins with the importance of genuine belief in your products and the strategic pricing of F&I offerings to build trust and effectively close sales.


The hosts then shift focus to the differences between cancellable and non-cancellable F&I products. They explore how each category affects retention strategies, noting that cancellable products generally promote customer loyalty, while non-cancellable products serve distinct purposes. The conversation includes practical advice on how to transparently present these options to customers, aligning sales tactics with customer expectations and needs.


This episode is packed with essential insights for F&I professionals looking to enhance their approach to product sales and customer engagement. Tune in to refine your skills and boost your dealership's performance.


Stay Ahead of the Curve: Follow 'Dealer Process Secrets' on Facebook for Exclusive Insights and Tips to Boost Your Dealership's Performance! https://www.facebook.com/profile.php?id=100060243223598

Dive into Success: Stream 'Dealership Process Secrets' Audiobook for Free! https://www.philipcheatham.com/optin1605827423969

Support the Show.