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Initiating the First Conversation with a Prospect is Always the Hardest Step

Posted by Pete Caputa on Sat, Jul 12, 2008 @ 05:02 AM
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If part of your job involves initiating conversations with prospects, you need to read this email chain that Dave Kurlan has shared between him and a prospect:

Lesson - Even if you fail to get a response or you get a negative response, keep at it! The key is to get a response - to something - to get a dialog started.

Dave's example is about contacting a referral. However, the same principles apply for following up on web generated leads. Do what you need to do to just start "any" conversation.

With referrals, I usually keep at it until I figure out whether I can help the prospect. However, with leads, it is two strikes and their out. Dave's example makes me think that I'm not doing enough before I abandon that lead. The main reason I don't is because I'm looking for low hanging fruit in a humungous orchard. In plain english, I have more leads than time.

Anyone have this problem? How do you make sure you do the things necessary to get people into conversation with you?

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COMMENTS

Giving up after the second call guarantees that this rep will eventually be part of the 40% that lose their jobs every year. Great salespeople, usually the top 20% always have a sales script for new prospects. Eric Lofholm the sales trainer teaches a great class on Sales Scripting. If a rep sneers that they don’t use scripts, they do, but it is never the same script and they wonder why they lose their job. The best reps continue to follow-up at least three if not four times before go into nurture mode. They nurture the inquirer with emails and even snail mail and an occasional phone call. Only 26% of the average inquirers will buy in the first six months. It takes 12 months for 45% of the buyers to make a decision. We have many articles on the Sales Lead Management Association site that address this issue.

posted @ Saturday, July 12, 2008 9:19 PM by James Obermayer


I appreciate your candor and advice, James. I'm the guy who you're predicting will lose his job.
I recognize this is an area where I need to improve. However, there is only so much time in the day. Nonetheless, there are things I'm implementing with the help of our CRM administrator to help me identify the "low hanging fruit" that I may have touched once or twice that are MOST deserving of another touch or two.

posted @ Wednesday, July 23, 2008 12:29 PM by peter caputa


I also think that marketing has a role to play in ranking and rating leads by quality and engagement, as well as bringing the leads back to the company website to signal to me that someone is ready for another call. All of this stuff, our marketing team is very good at. And our software helps me save a lot of time by highlighting the prospects that are most engaged.

posted @ Wednesday, July 23, 2008 12:32 PM by Pete Caputa


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