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  • Casual Articles - Improving Lead Generating and Conversation Rates: Think Like a Farmer

    Marketing: The Cats & Dogs Of It
    For some time I’ve struggled to come up with a way of distinguishing direct from indirect marketing, if only to help participants in my seminars.Typically, we think of indirect marketing as all of those activities that create customer awareness, fuzzy feelings, and a positive predisposition to buy, which culminates in a customer deciding to contact us.Direct marketing is when we send them a mailer or call them on the phone or run an ad on radio or TV, beckoning them to come into our
    d money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase y

    Want To Make It Big In The Entertainment Industry? Consider Sales Management Training
    So you want to be in entertainment? That is a tough nut to crack and every little advantage helps. Everyone knows the business is dog eat dog so how can you give yourself the edge over all the other competition particularly if you have not yet established any connections? A good key to success is preparation. When an opportunity arises you will be in a great position to capitalize on it if you are prepared for it.Being in the entertainment business has a great deal to do with how you presen
    John's a freelance photographer in Ohio who called to tell me of his frustration with the advertising and promotional campaigns he has tried in the last couple of years. Each time he does a promotional mailing to his list of 10,000, he is lucky if he gets one or two inquiries. I had a similar call from a corporation that was spending its time and money driving traffic to its web site. With six thousand visitors a day, they were only getting a couple of inquiries per week.

    Both businesses were spending a lot of money to get attention but weren’t converting this attention to leads.

    Are you having the same problem?

    Marketing is a lot like farming. You can’t just head out to your fields and bring in a bountiful harvest. First, you buy seed from the money you’ve budgeted. You buy enough to be sure that a good crop will germinate and thrive until harvest, and you’re likely to plant several different crops to hedge the weather and the market.

    You may not be interested in becoming a farmer, but if you want to see your business grow there are three ways thinking like a farmer can help you.

    1. Learn How to Collect More Leads A farmer needs seed and lots of it to bring in a bountiful harvest. You need a lot of quality leads to increase your clientele.

    If your ads or mailings aren't resulting in a steady stream of inquiries, find out what's not working and change it. By changing a couple of sentences of your marketing copy or your offer, for example, you can increase response rates by a factor of ten or more.

    Could you collect more leads with the right marketing strategy and marketing copy?

    2. Learn How to Increase Your Lead Conversion Rate A farmer who had spent his savings on seed wouldn't plant his field, then go on vacation and come back months later expecting to find a healthy crop. While you may be the exception, this is the way most people market their businesses. According to The Yankee Group, between 40% to 80% of new business leads aren't converted simply due to lack of follow-up.

    Many businesses spend money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase yo

    How Did You Hear About Us?
    One of the best things you can do for your business is to ask new customers how they found out about you. But when you do this, don’t expect to get accurate information.I know this sounds strange, but it makes sense, I promise.If you make decisions about how to promote your business, then obviously you want to know how your customers find out about your business. So, you ask. The trouble is the information you get when you ask this questions is not always accurate. In fact it’s mostl
    money to get attention but weren’t converting this attention to leads.

    Are you having the same problem?

    Marketing is a lot like farming. You can’t just head out to your fields and bring in a bountiful harvest. First, you buy seed from the money you’ve budgeted. You buy enough to be sure that a good crop will germinate and thrive until harvest, and you’re likely to plant several different crops to hedge the weather and the market.

    You may not be interested in becoming a farmer, but if you want to see your business grow there are three ways thinking like a farmer can help you.

    1. Learn How to Collect More Leads A farmer needs seed and lots of it to bring in a bountiful harvest. You need a lot of quality leads to increase your clientele.

    If your ads or mailings aren't resulting in a steady stream of inquiries, find out what's not working and change it. By changing a couple of sentences of your marketing copy or your offer, for example, you can increase response rates by a factor of ten or more.

    Could you collect more leads with the right marketing strategy and marketing copy?

    2. Learn How to Increase Your Lead Conversion Rate A farmer who had spent his savings on seed wouldn't plant his field, then go on vacation and come back months later expecting to find a healthy crop. While you may be the exception, this is the way most people market their businesses. According to The Yankee Group, between 40% to 80% of new business leads aren't converted simply due to lack of follow-up.

    Many businesses spend money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase y

    Creating the Brand YOU
    Understanding Branding for Professional Service ProvidersBranding. We’ve all heard the word. But what does it really mean for professional service providers. Whether you are a doctor, consultant, business coach or financial planner, YOU are the brand. Do you really understand how important YOUR brand is to your marketing strategy and business?What is a Brand?A brand it the way that current and potential customers feel about your service. What do you want your customers to thin
    your business grow there are three ways thinking like a farmer can help you.

    1. Learn How to Collect More Leads A farmer needs seed and lots of it to bring in a bountiful harvest. You need a lot of quality leads to increase your clientele.

    If your ads or mailings aren't resulting in a steady stream of inquiries, find out what's not working and change it. By changing a couple of sentences of your marketing copy or your offer, for example, you can increase response rates by a factor of ten or more.

    Could you collect more leads with the right marketing strategy and marketing copy?

    2. Learn How to Increase Your Lead Conversion Rate A farmer who had spent his savings on seed wouldn't plant his field, then go on vacation and come back months later expecting to find a healthy crop. While you may be the exception, this is the way most people market their businesses. According to The Yankee Group, between 40% to 80% of new business leads aren't converted simply due to lack of follow-up.

    Many businesses spend money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase y

    Real Estate Letters; Low Cost, High Profitability
    Mailing real estate letters is one of the best real estate marketing strategies a new, or even veteran agent for that matter, can employ. Really, is there anything easier than mailing letters?So, it shouldn’t surprise you when I say my success as a real estate sales person was largely due to my letter writing campaigns. But success wasn’t instant. In fact, it took a year or so to incorporate all of the elements that good letters should have.Next, it took me a while to develop the
    uld you collect more leads with the right marketing strategy and marketing copy?

    2. Learn How to Increase Your Lead Conversion Rate A farmer who had spent his savings on seed wouldn't plant his field, then go on vacation and come back months later expecting to find a healthy crop. While you may be the exception, this is the way most people market their businesses. According to The Yankee Group, between 40% to 80% of new business leads aren't converted simply due to lack of follow-up.

    Many businesses spend money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase y

    How Do I Reach My Existing Customers?
    One of the biggest trends in business today is Client Relationship Management. Businesses big and small are realizing they have to work even harder to keep the customers they have. Customers have more choices available to them, more options to find the products they need, than ever before. This is primarily due to advances in technology and specifically the internet. We can research and compare products and services without even leaving our homes. Now the focus of marketing to existing custom
    d money on getting attention and then don't follow up on a prospect's interest by giving them the information or contact opportunity they want. What you tell a prospect and how promptly you respond when they show an interest determines whether they continue to stay in touch.

    Of the people who see your ads, what percentage respond?

    Of the people who visit your web site, what percentage contact you?

    Of the people who contact you, what percentage become clients and customers?

    Could you increase your lead conversion rates by improving your Internet, phone and mail follow-up?

    3. Learn to Use Systems that Generate Leads, Nurture Them and Increase Conversion Rates Today's farmers are as technologically and information savvy as any of us. Farmers use GPS in their tractors to plant their crops, the web to connect to weather forecasting and crop price information web sites to track their markets.

    Using high tech information and machines to get the work done, today's farmer has a system for buying seed and supplies, planting, maintaining and harvesting his or her crops. They make good use of systems and machines to increase their chances of bringing in a bountiful harvest.

    In the case of the corporation mentioned above, a simple change to their web site increased their lead conversion from 1 or 2 a week to 80 a week.

    Could your lead conversion rates increase with a better system for capturing and following up on leads?

    If you're like me, you get hungry often. Whether you're taking photographs or growing lettuce, you want to generate more leads and grow your business. To fill your larder and bring in a steadily increasing number of clients, think like a farmer. Use your marketing strategy and lead generation system to bring in many more prospects and increase your conversion rates. When you do you'll find yourself with a bountiful crop of new clients. -

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