Avoiding the Worthless “Just Checking In” Follow-Up Call

February 15th, 2012

Would you agree that it is not easy to actually get a decision maker on the phone?

Of course, it’s tougher than ever. There are all kinds of “studies” that say it takes five, eight, 11, 23 or more attempts to actually speak with a decision maker.

OK, pick a number… whatever one you choose, that’s time you invested to finally get a person on the phone talking to you.

So here’s my question:

Why would you want to get off of it quickly?

Crazy right?

But it happens all of the time. Particularly with new sales reps who are prospecting. Often they are so surprised they got someone on the phone, they are not prepared to take it further.

Once they finally get a decision maker, they begin the call, then move into something like, “Well, I’d like to schedule a time with you to do a web demo.”

Or, “I’d like to email you some material and then call you back.”

Here’s my philosophy: If the music is still playing, stay on the dance floor. Take the call as far as you possibly can. Don’t be the one to end the call. If what you have to say and ask is of interest and value, they will stay on the phone with you. After all, they answered the call, didn’t they?

The Weak Follow-Up Call
In addition to now proactively stretching out your sales cycles, needlessly, wasting your time with some people who will never buy from you, not taking the first call further sets up a weak follow up call.

Many reps send out literature, white papers, web links, samples etc. after a brief prospecting telephone call, and start out the follow-up call with the “postal inspector” opening:

“Hi, I was checking to make sure you received the information I sent.”

Then they follow with the equally ineffective,

“Uh, do you have any questions?”

After hearing “No, no questions,” they end with,

“Well, keep us in mind if you ever need anything.”

The listener, trying to sound as sincere as he can while lying (or laughing) responds,

“Oh, OK, I will.”

So, because the initial call was ineffective and was prematurely stopped, the follow-up is not much warmer than the first call, and, the use of go-nowhere, rejection-inducing approaches and questions on the follow-up. Here are ways to correct both of these problems.

Again, go further on the first call. Granted, unless you are selling something simple and your sales process is transactional, you indeed probably do have a multiple call process.

With that said, be sure it’s even worth it for you to enter them into your funnel and agree to call back. You should have some variation of these criterion as part of your follow-up litmus test.

- the prospect will do something between the initial call and the scheduled follow-up that would make this call worthwhile, such as check your prices vs. what they pay, or use the sample you send, or,

-a future event will take place that would make the follow-up more appropriate, such as a new budget year beginning, adding more personnel, etc.
Next, the opening of the call needs to bring them into a conversation that readdresses the hot points fueling their interest last call, and also serves to move the process closer to the ultimate action you’re seeking (the sale or appointment)

Here’s a simple format for the opening.

1. Identification. The easy part. Name and company will do: “Hi Pat, this is Jan Stevens with Hi Tech Services.”

2. Bridge. You need to bring them back to where they were emotionally when you ended the previous call. Remind them of their interest. “…I’m calling to pick up where we left off last week, where we went through the savings you’d show with the internal management of your . . .”

3. The Agenda for This Call. This part needs to be proactive:
“I’d like to go through the material I sent you to point out the specific cost-cutting features that apply specifically . . .”

Other proactive words and phrases include, “discuss,” “analyze,” “cover,” “review,” and “walk through.”

Also include some value-added reason for this call. This way, if their interest has waned since the last contact, and/or they didn’t follow through with what they said they’d do (which happens quite often) you still have a basis for continuing this contact.

For example,

“And I also did some research and came up with a few other examples of something you showed interest in the last time we spoke: how other engineering firms have used this process.”

To summarize, take advantage of the opportunity when you do get a decision maker on the phone. Move the process as far as you can, have a good reason for following up, and you will turn prospects into customers more quickly, and not waste time with those who will never buy from you.

https://bbp.infusionsoft.com/app/hostedEmail/25485386/31cd1d4536f636bf

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Where’s the Love?

February 8th, 2012

Do you get intimidated by picking up the phone and calling a new business prospect who doesn’t know you and is not expecting to hear from you? In the Boston area, which is the home of my business, we are not known for striking up casual conversation with complete strangers. Whether you are in Boston or anywhere else on the planet, it is simply not a natural exercise. There are plenty of legitimate reasons why picking up the phone feels uncomfortable. But none of these reasons is an excuse for someone who aspires to be successful in business to avoid business to business telemarketing.

Why is Business to Business Telemarketing so important? The fact remains that telemarketing is a necessary and highly effective tactic in the vital campaign to build a successful new business pipeline and grow your company. Although telemarketing is a significant component in generating business to business leads, it is often given the lowest priority.

Today’s easy access to e-mail doesn’t help matters, either. Too often an e-mail is substituted for the more personal and useful interaction that occurs when individuals actually use their voices to speak to one another. Telemarketing is the first step toward winning new business. It’s the process by which you identify strong prospects and generate worthwhile leads. Trust that the actual you, not the virtual you, is the best way to begin these business to business relationships.

Still not convinced? Check out our new ebook, Cold Calling for the Clueless before you pick up the phone to build your pipeline.

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Lead-Generation-and-Nurture Strategy

January 30th, 2012


People and process, not just technology, are the key ingredients to an effective Sales 2.0 lead-generation-and-nurture strategy.
If you are considering implementing marketing automation to support a Sales 2.0 lead-generation program, or if you are trying to leverage the investment you’ve already made, here are five key steps to organizing your people and processes to leverage the benefits of your technology:
1) Realign sales and marketing resources. From a marketing standpoint, new skills must be acquired, such as content creation; video production; landing page and microsite creation; and program management. Many traditional ways of selling, such as direct mail and cold calling, need to be dialed down or even eliminated.
Customers are educating themselves via the Web; so, by the time your sales rep actually speaks with them, they believe they understand the products you and your competition are selling. They are looking for a sales pro who can add value or solve their business problem rather than someone who simply communicates product features.
Many companies now hire fewer sales reps but many more senior, consultative sales professionals. This ensures putting your best foot forward once the “live” sales cycle begins.
2) Commit to content creation. Specific, relevant, highly targeted content is the most trusted form of advertising. Marketers often describe a Sales 2.0 engine as a content hog, one that demands involvement by a company’s top subject experts in creating and fulfilling meaningful editorial calendars on an ongoing basis. Most companies underestimate the commitment that takes; and, as a result, their “monthly” campaigns may be sent out only a few times a year, dampening the impact of marketing automation.
3) Boldly differentiate your offering. When asked about their key differentiators, most companies sound almost identical to their competitors. You must boldly—and specifically—point out the reasons your company is the winner, and support those claims with interesting, relevant stories and case studies.
Slice your database thinly, and speak specifically to the different buying personas in your target market. They each have different pain points and reasons for buying from you, so make sure to address them specifically. Since a prospect’s first impression comes from a digital connection rather than a warm handshake, your company’s digital sales call may determine whether you make it to the buyer’s short list of vendors.
4) Integrate your sales team. Since the vast majority of sales cold calls go to voicemail and are never returned, sales needs marketing like never before. A prospect’s digital behavior can now be easily captured by marketing automation software, and leads can be accurately scored for fit and interest. Sales teams must enthusiastically leverage this information and follow up in a manner that advances the conversation begun by the digital marketing programs.
They cannot wait for a prospect to fill out a “contact me” form. The fish do not simply jump into the boat. A lead-nurturing staff may be needed to maintain engagement with prospects who are not immediate buyers. Companies that neglect these medium-to-longer-term prospects will lose sales.
5) Commit to list-building. The prospect list is a living (or dying) thing that erodes daily unless actively maintained. Contact database aggregation, scrubbing and maintenance must be a daily priority. Be sure to specifically articulate your ideal prospect profile and build a strong list of targets. Then slice it thinly, according to buying personas and vertical markets, so that you can deliver a specific message to targeted buyers that hits them squarely between the eyes.
Marketing automation is a modern miracle that has completely upended the way marketing and sales conduct business. It is the new normal now, and a mandate for remaining competitive. Those who approach it realistically and execute it relentlessly will be prepared to compete in this new environment.

by Paul Rafferty Ceo, Sales Engine International

http://www.btobonline.com/apps/pbcs.dll/article?AID=/20110523/LEADGEN/305239988/1375/lead_generation_guide

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January 23rd, 2012

I Quit My Job- It’s Your Call

by Lady T
Filed under Blog Talk Radio, entrepreneur mom, Inspiration, quit your job

1 Comment

Today I interview Ceri Ruenheck who quit her job 17 years ago and started It’s Your Call. She provides business-to-business telemarketing services to small businesses. Basically she is the cold-calling expert that helps you can convert leads into sales!

In this interview she talks about the challenges that she went through in building her business, from blowing through her savings to needing to get a PT job even after having success in her business for years.

But you have to hear it for yourself to receive the inspiration to quit YOUR job and start your business.

Click the link to listen ==>http://www.blogtalkradio.com/imtheboss/2012/01/18/i-quit-my-job-its-your-call <==

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January 6th, 2012

“It’s not just about initial sales, it’s filling the pipeline with prospects who are moved through the steps.

People look at the initial return on 1000 leads – and they should be looking at the over all return on those 1000 leads, sales, addon sales, lifetime value too.”

Kerri Salls
Breakthrough Enterprise LLC

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Sales Strategy Creates a Competitive Advantage

January 4th, 2012

In today’s economy, big and small businesses are seeking every opportunity to win sales through competitive advantages. Smart owners of small business know a sales strategy can create a competitive advantage.

Selling consists of two main functions: tactics and strategy. Sales strategy is the planning of sales activities: methods of reaching clients, competitive differences and resources available. Tactics involves the day-to-day selling: prospecting, sales process, and follow-up.

The tactics of selling are very important but equally vital is the strategy of sales. The advantages are too compelling to ignore.

Competitive Advantages of Strategic Sales Planning

Increased closing ratio by knowing clients hot buttons
Improved client loyalty by understanding needs
Shorten the sales cycle with outside recommendations
Outsell competitors by offering the best solution
Triple-tiered Sales Strategy
The development of any type of plan begins with research. The insight gained for a competitive advantage comes from the marketplace not from your mind. The approach to use is what I call “Triple-tiered Sales Strategy”. Look at your client and the outside influences on their business. Approach all three tiers to understand your customer.

Tier 1: Associations: What associations does your target customer belong to? Contact the membership director and establish a relationship not for selling but to understand their member’s needs.

Tier 2: Suppliers: Identify non-competitive suppliers who sell to your customer. Learn their challenges and look for partnering solutions.

Tier 3: Customer: Work directly with your customer and ask them what their needs are and if your business may offer a possible solution.

An excellent example of developing a “triple-tiered sales strategy” is a story of a small accounting firm. This firm decided to target independent truck drivers for accounting services.

The competition for this firm was a big accounting company. This small business approached the truck drivers association and learned that one concern of their membership was receiving financing for a new vehicle.

A discussion with the suppliers of trucks, revealed financing was only approved after the truckers supplied financial statements. The financials were often prepared by a large accounting firm who set appointments on their time and in their office.

The pieces of the puzzle were now coming together. The customer was the last piece of critical information. Truckers were frustrated by the inconvenience of visiting an accounting firm because of the time they spend on the road. The best solution was to bring the accounting service to the customer on their terms and time.

The small accounting office had defined a clear sales strategy: offer in-home financial statement preparation for truck drivers seeking financing through truck manufacturers. All sales leads would be referred from the supplier. This strategy was a win-win for the association, the supplier, the customer and the accounting firm.

The moral of the story is to gain a competitive advantage by looking at both sides of the equation, tactics and strategy. Use the triple-tiered approach to win business and outsell the big companies in your market.

http://sbinformation.about.com/cs/sales/a/aa111002a.htm

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It’s Your Call Is Hiring

December 15th, 2011

It’s Your Call Is Hiring

Our ideal candidate will have the ability to think on their feet and have a proven track record of generating qualified leads. This candidate will have a strong business background with experience presenting intangibles and tangibles to senior executives. You must be a highly motivated, reliable, self-starter who is persistent and effective when faced with a challenge. Basic computer skills are required. To qualify for this position you MUST HAVE:

Exceptional phone and personal communication skills.

Attention to detail

Knowledge of spreadsheets, word processors, and email

Minimum of 1 year successful experience in business to business lead generation, inside sales or business development.

A proven track record of meeting and exceeding set goals.

Email resumes: info@itsyourcall.com

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6 Marketing Lessons from Santa Claus

December 13th, 2011

Whether he meant to or not jolly old St. Nick created one of the most recognizable and beloved brands in the western world; one that children have adored and parents embraced for centuries. Santa Claus has endured wars, depressions, scrutiny (is he real or not??), imposters who tried to tarnish his image (ala The Grinch), and even opposition from certain religious groups. Marketing Lessons from Santa

So how the heck did he do it? How did Santa Claus build such a phenomenon, despite the obstacles and challenges the world threw at him? And what lessons can businesses owners learn from him for building our own brands?

I’ve identified some key things that Santa does to solidify his brand, create raving fans, build trust and grow his Christmas Empire! Here they are, along with the lessons we can learn from his success:

Marketing Lessons from Santa

1. Santa is painstakingly reliable. Most of us awoke every Christmas morning, year after year, to find a plate sprinkled with cookie crumbs, an empty milk glass, and a bounty of presents; all bearing witness to Santa’s late night visit. Despite snow storms and freezing temperatures, or dad losing his job, moving to a new house, or fighting with our brothers too much, Santa never let us down. Santa is the epitome of reliability.

Business Lesson: How reliable is your business? Are you letting customers down? Like expectant children on Christmas mornings, our customers have high expectations and it’s our job to deliver – or risk losing them. Make it habit to ask customers if they’ve ever felt let down by your company, what areas you can improve upon, and what products or services they’d like you to offer. Being painstakingly reliable builds trust and people buy from companies they trust!

2. Santa surprises and delights us! Who doesn’t think of Santa and smile? Why is that? It’s because he always surprises and delights us! Whether it’s flashing a jovial smile and belting out a jolly “Ho Ho Ho”, delivering that Barbie doll we’d been obsessed with for months, or making a surprise appearance with a bag full of goodies at a holiday party, happiness and smiles follow Santa wherever he goes.

Business Lesson: Can you say the same about your brand? Does your business leave a lasting smile and happy thoughts? Do you surprise and delight? If not, study your competition and your industry, talk to people, and find out where others let customers down. Then do something that no one else in your industry does. Find that “something extra” can you add to your product or service. Customers love the unexpected, so what can you do to surprise – and delight them.

3. Santa encourages us to write. Everyone knows Santa loves getting our letters – and even reads every single one of them! And what does he ask of us? Nothing but a list all the presents we want him to deliver on Christmas morning!

Business Lesson: Imagine if our customers felt comfortable enough to send us a list of their wants, needs, and desires– don’t you think that would help us understand and serve them better? What can you do to encourage your customers to stay in touch with you? Since we don’t have our own North Pole address, I’d recommend things like suggestion boxes (on, or offline!), surveys, and service follow up calls.

4. Santa rewards good behavior. ”Have you been naughty or nice?” Your answer could mean the difference between that diamond necklace you’ve been eyeing or a big ole lump of coal!

Business Lesson: Businesses can build their brands by rewarding “good” behavior too! Did a customer buy more than usual? Reward them with a discount or an extra freebie. Did a customer refer you or leave a raving Yelp review? Send a special present or gift certificate to say “thank you.” Rewarding good behavior not only shows the customer your appreciation, it encourages them to do it again!

5. Santa has elves and 8 reindeer- Santa wouldn’t be Santa without his team. Do you think he’d be able to read all of our letters, be painstakingly reliable, or jolly and delightful if he didn’t have a team to help him all his Christmas responsibilities? Of course not, so then why do you expect to be able to take care of all of our business responsibilities yourself?

Business Lesson: If you don’t have the time to provide the level of service you want, surprise and delight customers – or market and build your business then it’s time to get your own team of elves and reindeer! No one ever built an empire alone… and it may be time for you to hire some help!

6. Santa is one-of-a-kind! Santa has an image like no one else: long gray beard, velvety red suit, and shiny black boots. Santa has a catch phrase, “Ho, Ho, Ho”. Santa knows his target market are children. Santa also knows these three things set him apart from the Easter Bunny, the Tooth Fairy, and moms and dad – and he used that to build the Santa brand to be the unmistakable symbol it is today!

Business Lesson: Take a look at your business, what can you do to make your business stand out from the crowd? Do you have a unique image? A symbolic uniform? A bright red sleigh pulled by 8 tiny reindeer (Ok, a fleet of bright red trucks will do!)? A quirky catch phrase? Find your uniqueness and do something big to stand apart from the competition!
Summary:

The bottom line is this: Santa “gets” marketing – he built one of the most recognizable brands that ever existed by doing these 6 things. Sure, we may never be as popular as Santa but by following his example, we can certainly create our own little world of magic! Happy holidays! Ho, Ho, Ho!!!

http://fortunemarketingcompany.com/2011/12/6-marketing-lessons-from-santa-claus/

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Gain a prospect’s interest with a follow up phone call.

November 27th, 2011

By Tina Amo, eHow Contributor

A sales job is one of the most difficult. This is so because many people fear rejection, even some seasoned sales people. According to Patrick Henry Hansen in “Power Prospecting: Cold Calling Strategies For Modern Day Sales People,” the job is less daunting when sales people take the time to warm up the prospect. This involves sending an email or a letter introducing your products or services. The correspondence may interest him in your offerings and prepare him for your next contact. The follow up call could be your opportunity to make the sale.
Instructions
Keep your appointment if, in your mailing, you promised to call on a certain day at a certain time. This shows professionalism and may help you garner some respect from the prospect.
Begin with an introduction. Give the prospect your full name and your company’s name. Prospects are busy people with little time for sales calls so let her know that you understand this and will make the call brief.
Refer to the information you sent. Prospects usually receive a lot of information daily and may need help remembering your mailing.
Provide answers. Find out if the prospective client has questions about the information you sent and about your company’s products and services. Make your answers informative, but avoid making them long so that the prospect does not lose interest.
Ask questions to uncover your prospect’s needs. Your questions should be open-ended to give the prospect a chance to provide as much information as possible. Use the prospect’s answers to determine if there is a match with your company’s products or services, to discover the prospect’s buying plan and build a rapport. This investigative stage of the call demonstrates your concern and places the focus on the prospect.

Balance your talk-to-listen ratio. In “Power Prospecting: Cold Calling Strategies For Modern Day Sales People,” the author says that salespeople often make the mistake of overwhelming the prospect by talking too much. Although there is the desire to impress with the benefits of the product or service, the prospect will quickly lose interest from too much information. Ensure that the conversation is balanced.
Arrange the next step. You may wish to make an appointment for an in-person meeting, send more information or make a call to another member of the prospect’s staff. Obtain the prospect’s permission and determine a specific date and time, where applicable.
Send a follow up email to acknowledge the phone call and arrangements for the next step.

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Best Time of Day to Make a Sales Phone Call

November 8th, 2011


Our next question was to see if there is a better time of day to call to get optimal
contact and qualification ratios. we used the same definition of terms for
call (attempt), contact, and qualify.
Here is what we found:
1. 4 to 6pm is the best time to call to make contact with a lead. It is 114% better than calling
at 11 to 12am, right before lunch. (We did not feel –8am was a standard work hour.)
2. 8–9am and 4–5pm are the best times to call to qualify a lead. 8–9am is 164% better
than calling at 1–2pm, right after lunch. That’s a big difference! (After 6pm is not a
standard work hour.)

LeadResponseManagement.Org

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