| Life in the world of sales and marketing is a passing
parade. At anytime there are a small percentage of potential customers
ready to do business with you, and a bigger percentage of customers
who are interested in buying what you sell but are not yet committed
to any particular vendor. There is an even bigger group who has
needs, but is not yet interested. Many of these might become interested
if they were educated about how your product or service can help
them solve problems they recognize.
Most salespeople, quite rightly, try to focus their
attention on finding the few people who are ready to buy, but in
the process meet countless people who fall into the other categories.
Often these names go into a database only to be ignored, or worse
still are discarded.
Remember. Each one represents someone who is potentially
interested in your products or services. This group can represent
one of the most valuable but often the most under leveraged asset
in your business.
Think of your market like a peach tree. There
are some ripe fruit that are ready to be picked, and you should
do your best to pick every one. But what about the rest of the peaches?
You know that with careful attention, pruning, watering, spraying
and fertilizing every peach will ripen and can be harvested at the
appropriate time. It is just the same with marketing, but what most
firms do, is leave it to the sales team to pick whatever fruit is
ripe. The salesperson picks the few ripe ones and then leaves
for greener pastures. The next salesperson who comes along picks
a few new ones as they ripen and also leaves. And so it continues.
Very few businesses focus any attention on the prospects that aren't
ready to buy.
Most salespeople have a sense that some of the people
they meet along the way, will buy sometime, so they set up either
a tickler file or a reminder in their contact manager. Every now
and again they phone the prospect to find out if they are ready.
This kind of call is not only ineffective most of the time; it is
downright annoying, as it seldom adds any value. Who among us has
time for the regular, “Are you ready yet call”? Few salespeople
ever use the opportunity to nurture the customer with useful information.
Instead they simply become commercial pests.
StreetSmart marketers know that eventually almost
every prospect will ripen and decide to buy. They need education,
encouragement, advice and guidance. If you do a good job of this
you can pick every one instead of a few. Use smart marketing
to continue to ripen these customers, and to guard against them
going to the competition. Offer them special educational reports,
give them ideas on how to improve their business, invite them to
seminars and workshops, and give them free audio CDs. When they
ripen they will let you know, as they will see you as the logical
choice and that is when you can send your salespeople back in to
close the sale. It is much cheaper and more effective to
have salespeople focus on qualified customers, than continuously
foraging for new leads.
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