Timely follow-ups with prospects can convert them into customers but
don’t let it seem like you are harassing them. PHOTO | FILE
By MURORI KIUNGA
Posted Monday, June 22 2015 at 20:22
Posted Monday, June 22 2015 at 20:22
In Summary
- Except for impulsive products of low value, most prospects are not likely to buy from you on the first interaction.
- This is why a follow-up is one of the important elements of sales success.
One question my sales people often ask is how many
times one should visit or call a prospect before they either get a sale
or dismissal and end the chase.
Well, there is no direct or single answer to this question.
It depends on individual prospects, your approach, the depth of your
interaction, and what you are selling, among other factors. But
certainly the answer is never once.
Except for impulsive products of low value, most
prospects are not likely to buy from you on the first interaction. If
the product is expensive, technical in nature, less understood by the
prospect or there are some risks associated with it, the prospect will
certainly take time before making a buying decision.
This is why a follow-up is one of the important elements of sales success.
Most business opportunities are lost because the
business owner or the sales person is too eager to make a sale. When
this does not happen on the first or second contact, they give up,
dismiss the prospect and start chasing others, when a bit of patience
and follow up would have converted the prospect to a customer.
The ultimate result is always marketing chasing many prospects and very low conversions.
Whether it is cold-calling, email marketing,
referrals or networking, it takes multiple contacts to build up the
necessary trust and credibility before most clients will be ready to
buy.
Essentially, when you contact a prospect, for
example someone who has a genuine need of your product and ability to
purchase and use it, a certain reaction is ignited and immediately
something starts to happen – the prospect, if not previously aware,
becomes aware of their needs and availability of the solution that you
offer.
They may be hesitant to take action but with
passing of time, they increasingly get frustrated with their problems
until they begin considering solutions available in the market – and
guess what? When it reaches a point of no return, they turn to the
provider who has been in touch or is nearest – not the one who made the
first contact or who made them aware of their situation.
Therefore, sales people who do presentations to
prospects but fail to do follow up only lay the ground for their
competitors to come and harvest while they continue hustling.
Fostering relationships with prospects through
several contacts is one of the key determiners of success in sales.
Fortunately, today it is possible to do effective follow up and to keep
in touch with your prospects on the platform of technology. You can
email, call or SMS quite cheaply and conveniently.
Online facilities such as Skype, WhatsApp, Linkedln
and others have made keeping in touch socially possible. Just an email
or SMS once in a while is sufficient to keep you in touch with your
prospects and position yourself in their minds so that when time comes
to purchase, they think of you favourably.
The more you drop a line, even if it is just to say
hello, the more you remind them of their needs and availability of your
solutions.
However, you must strategically learn how to ask
for business constantly without appearing to be nagging. Your
interaction should be cleverly woven to reinforce your brand and
expertise. Remember the Ugandan proverb, “A man who hangs around a
beautiful girl without saying a word ends up fetching water for guests
at her wedding.”
The people you hang around with – your neighbours,
social network friends both online and offline – are great assets to
your business. Though not all can buy from you, they can do something ranging from
marketing you to their contacts, giving useful leads and referrals and
testimonials – but only if you ask, not just hang around.
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