Sunday, November 11, 2012

Making the Most of Your Leads - Shared by BJ Mannyst + Founders Under 40™ Group




1. Messaging. Everything starts with a good story. "We often see good companies with product-centric messages that are just not relevant, compelling, or differentiated," says Kear. When you develop a compelling story that incorporates trends or issues in the market and ties into the prospect's unique situation, you'll be heard. When you can't do that, says Kear, you're just noise.


 2. Targeting. Most companies don't do a good job of aligning the problems they solve with potential buyers. They target market segments instead of individual companies/divisions and their unique issues. "You have to be much more precise in your targeting," says Kear. "We are constantly amazed at how few companies have implemented any type of targeting methodology for salespeople." Initial data shows that reps who have learned how to target precisely within their territory achieve 20 to 30 percent higher quota attainment. Think: fewer leads, highly qualified.


3. Communications. Marketing departments need to stop launching products to the masses and instead launch "problems solved" to specific targets. And they need to be compensated on quality of leads instead of quantity of leads. Giving a bonus for generating a certain number of hits to a Web site, for instance, is useless if those hits aren't from qualified buyers.


 4. Systems. There's a general lack of necessary metrics, systems, and tools for tracking and measuring "return on leads." Companies must get a handle on what correlating factors they should be assessing or monitoring.  constantly evaluating the source and quality of their leads; you should be doing the same.


 5. Sales process and methodology. Often, marketing generates many leads that sales never act on. And the leads that do get acted on are often selected intuitively, by "gut feel." Reps need concrete processes and methodologies so they can use science, not intuition, to separate the wheat from the chaff and prioritize their efforts.


6. Individual skills and knowledge. Many salespeople lack the situational fluency to cultivate qualified leads. In other words, when they finally get an appointment, they don't have the skills to carry out good, consultative conversations. When a rep lacks the ability to move a sale forward from the initial conversation, he not only loses out on that particular piece of business, but on all the potential referrals that might have resulted from it. The bottom line: salespeople must have the situational fluency and problem diagnosis skills to cultivate leads into opportunities.



– Selling Power Editors



https://mblog.bjmannyst.com/p/bonus.html

0 click to comment:

Post a Comment

Translate


NEW SHOP

Events

Events
Quality Networking w/Founders and Professionals

Leads Tips + Get Assistance

Featured Post

How Does A Marketing Service Provider Like BJ Mannyst Help Our Service Business?

There’s no single day that goes by that our team doesn’t think about how do we assist the millions: of local small medium service busine...

Join Founders

Join Founders
Join Unconventional Founders Community

Search This Blog

Popular Posts

Blog Archive

Labels

Whatsapp Us


If necessary, you are welcome to WHATSAPP us (mobile)

 SF

Contact

Providing unconventional and conventional marketing service and business solutions, that focuses on early & growing service oriented organization. Proud partner to Founders Under 40 Group

Use form first so we can personalized engagement because we don't serve everyone.

Contact form


EM: info[at]foundersunder40[dot]com
Telegram: t.me/bjmfoundersunder40general
Whatsapp: whatsapp us
Skype: amhiredaidto
Chat: IM, SMS
SF: 415 -- 7## -- ####
TO: 437 -- ### -- ####
Mon – Sat 9am – 7pm Eastern Time
Toronto. New York. San Francisco. US. Europe. Africa.