Books and Internet sites are full of very useful information, how to sell more, faster and with less effort. However, it is not that easy - theory needs to meet real life! Our real life - our customers, our products and the culture of our companies. We discuss the application of great sales ideas in our challenging daily lives.

Thursday, December 13, 2012

Do you really make sure you have enough "meat" for sale?

A Focus Above the Funnel is Esential to Generate Leads
When we talk about sales management, most of the time is dedicated to monitoring and managing the sales funnel sales opportunities. Too often, not enough emphasis is given to the structured acquisition of leads, although activity in the early stages of a significant impact on the outcome of individual sales opportunities.
 
In order to deal with good sales opportunities, we need greatest possible number of leads and also a clever salesperson would you want as much as possible. The problem is that generating leads is seriously hard work, and the majority of sales that are like in action and on the ground, does not proceed.
    
Below we will mention a few ways of generating leads. All will work if you put them in to practice, and do so in a consistent ongoing way:

  • Referrals
  • Dependent Referrals
  • Networking
  • Directories
  • Cold Calling

Referrals

Very few actively generate referrals. We think we need to know or "have a relationship with" the person you ask for referrals, but it is not. Referrals can be obtained from a lot of people you deal with in business, from prospects, clients, vendors, tradesmen, even other leads. .It is never too early to ask for referrals, you may not get one right away, but people will know you are ready for them.

Direct Authority Referrals

Part of referrals needs to be exempt from the above categories. These are the referrals of people who have relationships with people who could use our service or product, and are in a position to have to more than strongly influence matters with their authority. They have information that can accelerate the transition stakeholders in a business opportunity and also shorten the sales cycle. These could be lawyers, accountants, business advisors, bankers, ie persons who are entrusted to our interested party and it has a direct impact.

It is smart to connect with companies who offer complementary solutions to ours, and who allready build confidence to our interested party. They help us to sell our solutions, as they are trusted client for those who provide them with a comprehensive solution to the problem.

Irrespective of the nature of the recommendations we may take the initiative to circulate some recommendations in order to build a healthy relationship that will show the long run results.

Networking

Networking is the everyone's task, which does not mean that it is done effectively. All networks are not suitable for every type of sale, but there are always a number that will provide you a steady stream of leads. Since networking is part of the company's strategy, do not exaggerate, but do it properly. It is necesary to set targets to measure and perform networking based on clear objectives and results.

Directories

There are a number of different directories for different prices, but if they provide us the leads we need, the cost are negligible. The advantage of databases is that they can be filtered if necessary, and extracted just what you need.

Cold Calling

In addition, other than referrals, cold calling is still the most time and cost effective way to gain and qualify leads and turn them in to prospects. The survey results showed that the top three ways companies generated quality new leads over the past two years are:
  • referrals from clients or partners (22%);
  • general referrals (16%); and
  • cold-calling or telephone prospecting (13%). 
That wea are able to enter in to transactions, we need opportunities and high-quality cold calling is an effective ay to find those prospects that need us, but do not know how to find us.

Using the above mentoined methods can ensure that you have sufficient and a steady source of leads as well as you can qualify, rank and continuously convert those leads to prospects and then to sales.

Although, it's not easy way, the above-mentioned approaches ensure that interested parties, with whom we have contacted so far, will find our solutions, when they'll need it. 


This article is extracted from: "Lead Management - A Focus Above the Funnel - Part II", Tibor Shanto
http://bit.ly/xoSjQ3


Tamara Ćetković

Consultant, Coach & Project Manager


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