Z_Definitive_Guide_to_Running_a_Successful_REIA_Meeting_Reduced_size
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LARRY GOINS AND SHAUN MCCLOSKEY<br />
members with the best communication skills should be the ones<br />
interacting with the cus<strong>to</strong>mers.<br />
The payment processing system is key <strong>to</strong> getting people in and out<br />
quickly. As people choose their products and line up <strong>to</strong> pay, the<br />
cashier can become overwhelmed quickly. You need <strong>to</strong> avoid any<br />
sort of problems at this point in the sale, so I always recommend a<br />
specific process for this step.<br />
I'll have cus<strong>to</strong>mers line up when they're ready <strong>to</strong> pay. A staff<br />
member will take their stack of products and keep them <strong>to</strong>gether<br />
with the cus<strong>to</strong>mer's credit card. Another person will then process the<br />
payments, print receipts, and call out names. The cus<strong>to</strong>mers can then<br />
come back <strong>to</strong> pick everything up. This keeps the sales running<br />
smoothly and helps your sales staff keep track of what they're doing.<br />
The key is <strong>to</strong> get their order form quickly along with their credit<br />
card or other form of payment. Do not make your eager buyers wait<br />
<strong>to</strong> give you their money. They're ready <strong>to</strong> give it <strong>to</strong> you; you should<br />
be ready <strong>to</strong> process it!<br />
I'm going <strong>to</strong> encourage you <strong>to</strong> do something that goes against the<br />
grain of what most people will tell you. If at any point in the process<br />
you're having a hard time running payments because of a problem<br />
with your merchant account processing or even a lack of staff, I<br />
would rather see you get the product in<strong>to</strong> the hands of the cus<strong>to</strong>mer<br />
and send them on their way without processing their payment (you<br />
can always process payments later) than see them frustrated that the<br />
process is taking <strong>to</strong>o long and have them change their mind. When I<br />
tell some <strong>REIA</strong> owners this, many of them freak out, saying, "Yeah,<br />
but what if I give them their product and their credit card doesn't go<br />
through?" First of all, it happens, but it doesn't happen very often.<br />
When it does happen, you do what needs <strong>to</strong> be done and keep<br />
moving forward.<br />
Let's assume you did as I'm recommending. You've given the<br />
cus<strong>to</strong>mer their product, you run their payment later, and the payment<br />
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