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  • Casual Articles - Lead Generation Isn't About Getting the MOST People, It's About Getting the Most Qualified People

    Freight Factoring for Canadian Transportation Companies and Brokers
    The Canadian transportation industry is very cash flow intensive. Truckers and brokers have a number of recurring expenses that place demands on their cash flow. They must pay drivers, repairs, fuel and other suppliers. In the meantime, they usually need to wait anywhere between 30 and 60 days before their freight bills are paid. This creates a financial perfect storm. They must pay expenses quickly – but wait to get paid
    eally indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualif

    7 Speaking Trends -- How to Make a Powerful Presentation Today
    The fundamentals of a great speech stay the same. (Develop one strong idea. Focus on the audience. Be authentic, clear, and committed.) But styles change with time. These are the latest trends in speeches and presentations.1. Keep it ShortPeople want information, but they’re already overwhelmed by too much information. If you give them what they need to know in a way they can quickly understand and ap
    Something I’ve seen over and over is that many of my clients originally believed that marketing and lead generation is supposed to bring “as many people through the door” as possible. It isn’t. It is about “getting the most qualified people through the door.”

    I’ve developed a rule of thumb in my business consulting that has helped me identify one of the big problems my clients frequently have. The rule goes this way:

    If there are

    • two different groups responsible for lead generation and sales, and
      • if marketing success (advertising, lead generation) seems extraordinarily high,
      • while the sales close ratio is way down (maybe 1 in 10) then the chances are that the marketing and lead generation efforts are not qualifying the leads.
      Then the target has been to get the most people through the door instead of the most qualified people.

    One of my sales trainees ended up with an extremely high cold calling response rate. It was nearly 90% of every live person she could reach. She was convincing nearly everyone she could actually talk to to explore the next steps.

    She had convinced one of the other companies in the class to hire her to do their telemarketing. The result of her telemarketing was that she was bringing in a flood of leads to their sales department. The problem was that the sales department was not able to close many of these leads.

    She could generate lots of leads. She could generate a lot of interest but she had failed to qualify these people, to make sure that they could and would be able to buy.

    On one hand it proved that what we had been doing in the sales training worked as she was able to generate so much interest. On the other, she was abusing the influencing skills she had developed in our class, and wasn’t qualifying the people before passing the lead on to sales.

    Let me give you another rule of thumb I use. The sales process usually is more labor intensive than the marketing and lead generation process. If the leads aren’t being qualified in the marketing step then a lot of time is wasted in the sales process talking to unqualified people. The sales response rates will drop and not really indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualifi

    Dimensional Mailers In Direct Mail Marketing Must Intrigue
    The number-one advantage of dimensional mailers is that they get noticed. Amidst the #10 envelopes, postcards and other traditional mail that your prospects receive daily, boxes, cylinders and lumpy oversize envelopes stand out.The number-two advantage of dimensional mailers is that they get opened. Usually.Most of us, when we receive a box in the mail, addressed to us, from someone we don’t know, simply hav
    dvertising, lead generation) seems extraordinarily high,
  • while the sales close ratio is way down (maybe 1 in 10) then the chances are that the marketing and lead generation efforts are not qualifying the leads. Then the target has been to get the most people through the door instead of the most qualified people.

    One of my sales trainees ended up with an extremely high cold calling response rate. It was nearly 90% of every live person she could reach. She was convincing nearly everyone she could actually talk to to explore the next steps.

    She had convinced one of the other companies in the class to hire her to do their telemarketing. The result of her telemarketing was that she was bringing in a flood of leads to their sales department. The problem was that the sales department was not able to close many of these leads.

    She could generate lots of leads. She could generate a lot of interest but she had failed to qualify these people, to make sure that they could and would be able to buy.

    On one hand it proved that what we had been doing in the sales training worked as she was able to generate so much interest. On the other, she was abusing the influencing skills she had developed in our class, and wasn’t qualifying the people before passing the lead on to sales.

    Let me give you another rule of thumb I use. The sales process usually is more labor intensive than the marketing and lead generation process. If the leads aren’t being qualified in the marketing step then a lot of time is wasted in the sales process talking to unqualified people. The sales response rates will drop and not really indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualif

    How Do You Communicate With Your Customers?
    Andy Weekes emailed me with this story:I thought you would like to see the following, received by a friend from an online CD retailer in the US, after his order was dispatched.It made me laugh out loud, and shows that in so many cases creating an impression costs little more than a few choice words (quite a few in this case).Enjoy!—-------------------Your CD has been gently taken from
    to explore the next steps.

    She had convinced one of the other companies in the class to hire her to do their telemarketing. The result of her telemarketing was that she was bringing in a flood of leads to their sales department. The problem was that the sales department was not able to close many of these leads.

    She could generate lots of leads. She could generate a lot of interest but she had failed to qualify these people, to make sure that they could and would be able to buy.

    On one hand it proved that what we had been doing in the sales training worked as she was able to generate so much interest. On the other, she was abusing the influencing skills she had developed in our class, and wasn’t qualifying the people before passing the lead on to sales.

    Let me give you another rule of thumb I use. The sales process usually is more labor intensive than the marketing and lead generation process. If the leads aren’t being qualified in the marketing step then a lot of time is wasted in the sales process talking to unqualified people. The sales response rates will drop and not really indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualif

    Future Prospects for Kodak
    Nowadays film photo cameras swiftly replace by digital ones. Despite of all advantages of digital over film cameras, professional photographers claim that photos from film cameras are better. But professionals of photography present the minority on the market of photo cameras and most customers on this market are unsophisticated amateurs, which most often do not see the difference between film and digital cameras photos.
    he sales training worked as she was able to generate so much interest. On the other, she was abusing the influencing skills she had developed in our class, and wasn’t qualifying the people before passing the lead on to sales.

    Let me give you another rule of thumb I use. The sales process usually is more labor intensive than the marketing and lead generation process. If the leads aren’t being qualified in the marketing step then a lot of time is wasted in the sales process talking to unqualified people. The sales response rates will drop and not really indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualif

    What's the Difference Between Successful Businesses and Struggling Businesses?
    Have you ever noticed how some businesses seem to do extremely well, and go from strength to strength, whilst the majority just seem to muddle along?Since starting my own business I've met many small business owners and what I've noticed is that the vast majority of them seem to just about get by, but few reach the level of success that they're actually capable of. Some of them end up failing altogether, some lurch
    eally indicate the true sales success.

    If a sales person is talking to a qualified prospect his sales close ratio should be in the 40-50%, or even higher, range. However, if he is fed leads that aren’t qualified, he is having to qualify leads that should have been qualified by the marketing and lead generation process and taking a lot of valuable sales time. Now his sales success will go through the floor.

    So, if you see a high marketing, lead generation success and low sales success look into the fact that they might be receiving unqualified leads as a potential cause before accusing sales of being failures or before providing training to the sales department.

    If, as is frequently the case, the sales department is also responsible for generating their own leads, I’ve frequently seen sales people that are excellent at lead generation but couldn’t close a deal if their job depended on it, and it does. I’ve also seen excellent closers that couldn’t find a lead with both hands. Evaluate your sales team by assessing these two separate skills. They are, indeed, two separate skills and frequently not at the same skill level in your sales people.

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