« Raise the Level of Your Sales Game! 25% Guaranteed! | Main | Laid Back Networking »

October 26, 2009

Follow Up Failure

There are many opportunities for follow up failure.  For example ...

  • Do you have business cards from people you recently met sitting in a pile waiting for you to take some action? 
  • Do you have a list of people that you considered good prospects at one time but after the first couple of follow ups, you moved on? 
  • Do you have customers who bought from you once, but you have not touched base with in some time?

Me too. 

But I have had prospects that for whatever reason I maintained good follow up practices.  Many of them have been converted to clients. So what have I learned?

Prospects and customers buy when they are ready to buy, not when we are ready to sell!

In fact, many prospects need to be followed up with anywhere from seven to twelve times to be converted to customers.  So, this begs the question ...

How many times do you follow up with a prospect (or a past customer) before giving up?

The average is probably between two and three times if we were honest.

Why?

We focus on making sales now!  We have to meet monthly or quarterly quotas and nurturing a sale that may or may not happen several months from now is irrelevant if we can't produce now.  Additionally, even if we wanted to maintain disciplined follow up and lead nurturing practices, there is just too much to stay on top of.

I get it.  But what if you could increase your sales by 25%, 50%, or 100% over the next twelve months?  Would you make changes?

This is what inbound marketing and sales 2.0 are all about and these things should be implemented into every business.  If you don't have the resources to hire a sales coach or consultant who has expertise in these things, start small.

For example, schedule an hour per week just to make follow-up calls or send e-mails to past prospects.  Find ways to provide information to them over time so that when they are ready to buy, they will buy from you. 

To learn more about fixing your follow up, click on the link to receive the free ebook called The Edge of Success.

Encourage others to follow up.  Share your follow up stories in the comments section below.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a010536b78572970b0120a677c05c970c

Listed below are links to weblogs that reference Follow Up Failure:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Jeff

Its good to see you working hard. Its all good info but its time for me to go home. the Poker game starts at 5:30.

Hope every thing is well with you and your family.

Ken
Your semi retired Uncle

The comments to this entry are closed.