What System Do You Use To Convert Leads Into Customers?

First off, we have to say, we’ve been blown away at the number of requests to talk with us about your marketing. One of the reasons why there is such a gap between posts is the number of people who’ve taken us up on our offer of a free 30 minute consult.

Now that we have that out of the way, let’s get down to business. Today’s post…

No System To Convert Leads Into Customers = No Revenue

This should come as no surprise to you. Having a fool proof system to convert your leads into customers is critical to your long term success.

In talking with business owners for the past couple of weeks, it seems that everyone is seeing a slip in their business. Let’s face it, all of us had it pretty easy in business for some time. Only to see the rug ripped out from under us in the past 18 months.

Most businesses have no simple and fool proof way to follow up with a lead. What they have is a mumble jumble mess of half systems that might work if someone is paying attention.

Let me give you an example.

Recently we had a client in our office that does 7 figures a year in coaching. They sell a very high end coaching program to a very selective niche. What is amazing, is they have no system to follow up with a lead once it’s in the system. The sales have just sort of happened.

Granted they are  bit more sophisticated than most businesses.You have to be in order to get up to 7  figures a year. We made a few suggestions to improve their system.

I’ll share those in just a moment, but first let me tell why this system is built the way it’s built.

In today’s economy, your customers are looking for something very easy for you to create. They want a relationship with a provider they can trust. Which leads me to some very key insights we’ve discovered when it comes to converting more leads into more sales.

1. Don’t sell right off the bat. That’s like asking someone to marry you over the first cup of coffee. Sure it happens, but it happens less than you think.

2. Communicate in a mediums other than email. It is unstable and isn’t always delivered and read by the prospect.  Some of your prospects don’t like reading email and wish you’d do something else…

3. Picking up the phone is a lost art. We have personally and for a number of our clients made huge positive financial impacts by hiring virtual customer service reps to call and follow up with a prospect and see how we may serve them and their needs. (More on this later)

4. Don’t think your prospect is just like you. Too many times we have a customer in our office and they’ll say: “I love email, it’s my favorite way to communicate. I don’t like it when someone calls me.” Yes, that may be true, but for everyone of you, there is someone like me who prefers to get on the phone and get it handled.

When you bypass using the phone, you bypass over 33% of your prospects base prefer way of communication.

The bottom line is this, if you are not happy with the number of conversions of leads to customers, take a look at your systems. Maybe you need to add a phone calling program, monthly newsletter or you’re asking for the sale too soon. Fine tune your systems and you’ll see a dramatic increase in sales.

Okay, next we’ll hit our next topic which is all about your Pay Per Click online campaigns.

Best,

Bob and Matt

Popularity: 2%

Creating Self-Supporting Villages & Breaking The Cycle Of Poverty In Africa

As an entrepreneur, I hold very dearly to the belief that local entrepreneurship is one of the best ways to break the cycle of poverty in a community. I do not believe it is governments role to act as big brother, but our individual responsibilities to share with others our gifts and talents.

In many countries, when we give money to the government, it never reaches the people who need it most. It has been said by a number of studies that less than 10% of the funds managed by a government body reach those who need it most.

While in cases of direct individual philanthropy between 50% to 90% of the money reaches those who need it most.

One man has taken his experience of entrepreneurship and serving his fellow man to a new level. His name is Don Smith. His site is www.VillageEmpowerment.com He has spent the past 13 years running a business in Atlanta and then using those skills to impact hundreds of villages in central Africa.

Note he didn’t ‘sell’ his business. He is still in business. A key point.

Listen in as I interview Don Smith.

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