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In case you missed it, Michael Halper, Founder and CEO of SalesScripter, was a guest speaker on a webinar titled “Converting Your Leads to Sales” hosted by SalesNexus. Generating leads is extremely important. But what you do with those leads and being able to consistently convert a high percentage of them to sales is just as if not more important. The good news is that there are some very clear and practical things that you can do to improve your ability to create a healthy pipeline of leads and consistently drive those to closure and those are outline in the below webinar recording.
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Sales Lead Conversion WorkshopMichael Halper
Founder and CEO SalesScripter
• 20 years frontline sales, marketing, and customer service experience
• Founder and CEO of Launch Pad Solutions and SalesScripter
• Author of The Cold Calling Equation – PROBLEM SOLVED
• President of the American Association of Inside Sales Professionals Houston Chapter
• ICF Certified Professional Coach
• MBA University of Houston, Masters of Science University of Texas at Dallas
Agenda
• Generating the lead
• Following up on leads
• Staying in touch
• Closing the Deal
Generating the Lead
Inbound Marketing• Organic SEO• PPC
Process1. Drive traffic to website or landing page2. Have a compelling call to action3. Have an opt-in web form4. Opt-in form connected to your CRM
Generating the Lead
Outbound Marketing• Email marketing• Telesales
Process1. Go to LeadFerret.com and build target list2. Send email campaign through SalesNexus.com3. Track clicks (clicks = leads)4. Targeted phone calls to the clicks
Webinarhttp://www.salesnexus.com/blog/3-ingredients-of-sales-growth
Key Principles
Timely Follow-up • The more time that elapses, the odds of
conversion decrease dramatically
– Inbound leads: Follow-up needs to happen in minutes. Greater than 30 minutes can lead to a 50% decrease in conversion rate.
– Outbound leads: Follow-up needs to be within one to two days.
Key Principles
Map out your sales process stages• Ultimate goal: close the sale
• Immediate goal: get commitment to advance to next stage in sales process
• Always stay focused on the immediate goal
Initial Contact(First time to speak)
Cold CallInbound CallEmailEvent
2 to 5 minutes80% on prospect20% on you
First Call(Appointment/Meeting)
Phone CallFace-to-FaceDiscovery
20 to 30 minutes50% on prospect50% on you
First Meeting(Presentation)
DiscoveryPresentationDemonstration
1 to 2 hours20% on prospect80% on you
Key Principles
Staying in Touch• Not a “No” but “No, not right now”
• Need a way to be there or in mind when the “No” becomes a “Yes”
• Two ways to stay in touch– Drip campaigns– Periodic check-in calls
Drip CampaignsAudience Segmentation
Segment DescriptionNew Prospects Targeted prospects that are being pursued but have not
actively engaged, don’t know who you are(suspects)Hot Prospects Actively engaged with discussions and meetings
Warm Prospects Know who you are, want more information, on the fence, won’t commit to forward movement
Cold Prospects Not going to purchase in near future
Closed Prospects Have communicated a firm no and zero interest - no potential to ever buy
Current Clients Currently purchasing products and services
Past Clients Have purchased products or services in the past
Referral Partners Partners that refer business
Drip CampaignsTier 1 – Lead Generation
Details DescriptionAudience Segment New Prospects
Goal To generate leads
Content Focus Prospect focused
Number of Emails 3 to 6
Frequency Daily, Bi-daily, or weekly
Type of content Value you offer, pain you resolve, qualifying questions
Drip CampaignsTier 2 – Building Interest
Details DescriptionAudience Segment Warm Prospects
Goal To educate, to build interest, and stay in touch
Content Focus The company/product
Content Subjects FAQ topics, objection responses, credibility, differentiation, threats of doing nothing, company facts
Number of emails 5 to 10
Frequency Daily, Bi-daily, or weekly
Drip CampaignsTier 3 – Cross-selling for product #2
Details DescriptionAudience Segment Current Clients
Goal To cross-sell new products to existing and old clients
Content Focus New products that the client is not currently purchasing
Content Subjects FAQ topics, objection responses, credibility, differentiation, threats of doing nothing, company facts
Number of emails 1 to 3
Frequency Daily, Bi-daily, or weekly
Drip CampaignsTier 4 – Newsletter, keeping in touch
Details Description
Audience Segment New Prospects, Hot Prospects, Warm Prospects, Cold Prospects, Current Clients, Past Clients, Referral Partners (all except closed)
Goal To stay in touch and fresh in the recipient’s mind
Content Focus Informational
Content Subjects Industry news, best practices/tips, company news, articles, blog posts, whitepapers, ebooks, etc.
Number of emails 6 to 12
Frequency Monthly, bi-monthly, quarterly
Drip CampaignsTier 5 – We want you back
Details Description
Audience Segment Past clients
Goal To get client to come back, to educate, to build interest
Content Focus The company/product
Content Subjects FAQ topics, objection responses, credibility, differentiation, threats of doing nothing, company facts
Number of emails 5 to 10
Frequency Daily, Bi-daily, or weekly
Identifying Who to Call
• Inbound leads• Email clicks
Making the Call
What to say?• “We sent you an email, wanted to see:
– if you found the information helpful” – If you wanted more information on
that topic”– If you had any questions on what
you read”
• “I saw that you took a look at [insert subject or title of content]
• Ask pre-qualifying questions– SalesScripter demo
Post-Call Activities
• Log call
• Follow-up activity
• Send email
• Add to new campaign
Dealing with Voicemail• You can spend more than 50% of
your time reaching voicemail
• Have a plan
• Don’t expect a call back
• Use your message as commercial to educate
• Follow every voicemail with an email
• Create a multi-touch effect
Dealing with Objections
• A prospect’s best weapon– Mini stop signs– Used to take control of the call and take it in a
direction of their choosing
• Common Objections:– I am busy right now.– Who are you with?– What is this in regards to?– I am not interested.– Just send me some information.– We already use somebody.– We are not looking to make a change right now.– We do not have budget/money to spend.
Closing the Deal• Natural closer?
• It is all about the questions– Trial closing questions– Direct closing questions– Qualifying questions
• Indirect Closing Tactics– Communicate value– Building interest– Building rapport– Building credibility– Finding pain– Qualifying
Visibility Across the Process
• Dashboard• Reports• SN Demo
Need Help?• Helps businesses with prospecting
• Sales coaching, training, and consulting
• Team of telesales resources– Lead generation– Appointment setting– Lead follow-up– Survey/information gathering– Event promotion
• Able to work directly in your CRM database
• Pricing– 25 Hours - $750– 50 Hours - $1,500– 100 Hours - $3, 000
Need Help?Sales Ready Lead Starter Kit
$1299
One year complete subscription to SalesNexus
30 to 45 min. Email Campaign Consultation
Polished 3 email campaign
6000 LeadFerret contacts (500 per month)
30 day SalesScripter.com subscription
60 to 200 qualified leads
Need Help?Sales Ready Lead Starter Kit Premium
$2,049
One year complete subscription to SalesNexus
30 to 45 min. Email Campaign Consultation
Polished 3 email campaign
6000 LeadFerret contacts (500 per month)
30 day SalesScripter.com subscription
60 to 200 qualified leads
Telesales Lead Follow-up (25 hours)
Need Help?• SalesNexus Free Trial
– http://try.salesnexus.com/free-trial/
• SalesNexus videos– http://www.salesnexus.com/training.html
• SalesNexus weekly training– http://www.salesnexus.com/training.html
• SalesScripter Free Trial– http://salesscripter.com/cold-call-calling-script/
• SalesScripter videos– http://salesscripter.com/category/training-videos/
• SalesScripter weekly training– http://salesscripter.com/weekly-overview-webina
r/
• The Cold Calling Equation – Problem Solved
– http://www.amazon.com/The-Cold-Calling-Equation-Problem/dp/1468173545/ref=sr_1_1?ie=UTF8&qid=1338310605&sr=8-1
• Lead Follow-up Service – Launch Pad Solutions
– www.lp-sol.com – Contact: [email protected]