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It pays to Stay in Touch
With Your Prospects
by Art Sobczak
When I talk about prospects, I always urge sales reps to "move them
forward, or move them out." This means that if prospects aren't moving
closer to purchasing each time you speak, they're taking up your valuable
time. However, that doesn't mean you should completely write them off.
We all can share experiences in which we've been pleasantly surprised by
that prospect we thought we'd never do business with -- the one who calls
and says, "I'm ready now."
To make this happen more often, you should have a personal marketing
strategy for staying in contact with your higher-potential prospects. Some
of you are lucky enough to have a limitless supply of prospects in your
universe. Others, however, have a finite number to draw from, and it pays
to stay in touch with them.
1. The ones who are not great prospects for you today (too small,
not qualified) but could very well be in the future. Although you likely
won't have them in your regular rotation of calls, you want to be sure
they think of you if and when situations change at the company.
2. Those who are qualified but choose not to do business with
you. It's in your best interest not to write them off.
Why They Don't Buy From You
First, let's look at four reasons why prospects won't buy from you
today:
No need
No interest
No money
No hurry
Those are the basic reasons you see in every sales book. Let's break
the "no hurry" reason down even further:
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They're lazy. Buying from you would involve some work.
-
They procrastinate. Who doesn't?
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They are too busy with more pressing activities. (This also could fall
in the "no need" category.)
What You Should Do
Stay in contact with selected high-potential prospects through methods
that don't require much of your time. Use the mail and send faxes or e-mails.
Consider putting together a brief newsletter that provides valuable information
they can use, not just puffery about your company and products. For example,
include tips and tidbits that can help them with their jobs. Of course,
the suggestions should include the use of your product or service, but
that's not the main reason for the communication. A supplier of packaging
products could send out a piece on "10 Ways to Reduce Shipping Expenses."
(See the end of this article for more ideas.)
The return on this type of marketing communication could be huge. And
here's the simple reasoning:
Things change. Out of sight, out of mind; in sight, top of mind.
Situations at companies change every day: Think about the changes at
your company over the past three months. If changes involve new needs and
requirements, potential buyers will likely turn to what is familiar. And,
when you're in touch with them, your company could be the first one they
think of when new needs develop. Plus, through repetitiveness, you build
credibility in their minds. The more they see your name, the more familiar
and credible it becomes.
Mix in a little smart marketing with your selling, and you'll maximize
the return on your time investment.
How To Implement Your Personal "Stay In Touch" Marketing Program
to Complement Your Telesales
1. Define your categories
Determine whom you will discard and whom you'll place into your system.
For example, anyone now spending over a certain dollar level with a competitor
could be a category, or people with a project planned out two years in
the future.
2. Get computerized
Contact management programs make this a snap for you. Otherwise, getting
organized may become a nightmare, and it will take away from your selling
time.
3. Plan and execute your communications
Decide how you'll communicate with your prospects and how often. Here
are the ideas that I mentioned earlier:
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Newsletters, special reports or other articles that provide useful content
with an underlying sales message
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Post cards
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Articles you clip that would be of interest
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Free samples of your product
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Fax broadcasts (These are relatively easy to do with most contact-management
computer programs.)
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Handwritten notes
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Birthday cards
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Other holiday cards or even cards for no particular reason
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Special items for very select prospects (I've sent prospects books on topics
unrelated to what I sell but that I knew they were interested in.)
4. Follow up
Keep your list clean, stay in touch and have something of value every
time you call. It's a long process, but well worth the effort.
Art Sobczak gives real-world, how-to conversational
ideas and techniques helping business-to-business salespeople use
the phone more effectively to prospect, sell, service and manage
accounts without "rejection." Author of numerous books, taped training
programs, and publisher of the TELEPHONE SELLING REPORT sales tips
newsletter, he's also a speaker and trainer, providing high-content,
one-hour to multiple-day customized speeches and seminars. Visit Art's
Web site http://www.businessbyphone.com/
and his free, weekly sales tips newsletter the Tele-Sales Hot Tips of the
Week.
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Wanda Loskot - Success Connection
150 Heron's Run, Suite #124 - Sarasota, FL 34232 - USA
Phone (941) 342-4203 - Fax (240) 358-7445
Professional business coach, author & speaker specializing in Internet marketing.
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