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Follow-Up Marketing: How to Win More Sales with Less Effort. David
Frey
A study done by the Association of Sales Executives
revealed that 81% of all sales happens on or after the fifth contact.
If you’re a small business owner and you’re only doing one or two follow-ups
imagine all the business you’re losing.
Not following up with your prospects and customers is the same as filling
up your bathtub without first putting the stopper in the drain!
But don’t be disheartened if you’re among the 90% of business owners
I talk to that don’t do any follow up. The good news is you have ample
room for profitable improvement.
Consistent follow-up creates a predictable and profitable stream of
prospects and customers that buy. Small businesses that capture leads
and follow-up with them enjoy higher conversion rates and a higher percentage
of referrals than those that don’t.
After asking many small business owners the reason they don’t follow
up I often hear responses such as, "I don’t have the sales staff to
chase down all our leads", or "We’re usually too busy to do a lot of
follow up." These responses automatically set off red flags that tell
me that they lack a systematic process for following up.
The problem is not that they don’t have the capacity to follow up with
prospects, it’s that they don’t have the systems in place to do it.
______________________________________________
What Does a Good Follow Up System Look Like?
______________________________________________
A good follow up marketing system should have three attributes.
It should be systematic, meaning that the follow up process is done
the same way every time.
It should generate consistent, predictable results.
It should require minimal physical interaction to make it run, meaning
it should be able to run on autopilot.
Sounds like a dream come true for most small business owners doesn’t
it? Not only can it be done, it’s being done every day. The secret to
"follow-up marketing" is to make it automatic so that you don’t have
to lift a finger but the job still gets done.
With today’s technology it’s simpler than ever. Automating your follow-up
processes gives you more time to work "on" your business rather than
"in" your business.
__________________________
Three Types of Follow Ups
__________________________
There are three types of people you should be following up with, suspects
(people in your target marketplace), prospects (people who have responded
to your marketing but have not purchased, and customers (people who
have purchased something from you.)
Each follow up message and offer will be different for each type of
person. With suspects, you’ll want to entice them to call you or visit
your store / office.
With prospects, you need to persuade them to make their first purchase.
And with customers, you want to convince them to come back and do more
business with you and give your referrals.
Obviously the hardest type of person to follow up with is a suspect
because they haven’t shown any interest yet in a pool or hot tub and
you usually don’t have their contact information.
But that’s not true with prospects and customers. You not only know
who they are, but you should already have their contact information.
And if you follow up with your customers with consistency you’ll find
that they will help you turn your suspects into prospects and prospects
into customers for you through referrals.
__________________________________
Your Follow Up Marketing Tools
__________________________________
Your principal follow up marketing tools are the telephone, direct mail,
and email. Many pool and hot tub business owners make the mistake of
jumping right on the telephone to follow up; however, most prospects
don’t want a pushy sales message right away and most prospects have
been trained to consider anyone who calls up to be a pushy salesperson.
Instead, you should try to develop a relationship of trust with your
prospect by quickly sending informational items such as special reports,
audio CDs, or videos before you make a phone call.
Remember to always include a "next-step-offer" to accompany your educational
materials. If the next step is to visit the store, then entice them
with an appropriate offer or if the next step is to call you, entice
your prospect to call you immediately.
People move through the buying process in baby steps, especially when
considering buying high-ticket items such as hot tubs or pools. Your
offer should always help them take the next step.
____________________________
Your Follow Up Sequence
____________________________
The power of your follow up will lie in your follow up sequence. Your
follow up sequence is a series of communications with your prospect
that are "linked" together, with each communication building on the
previous message.
For instance, you might start your second letter by saying, "10 days
ago I sent you a letter..." You might also consider stamping the message,
"2nd Notice" on the envelope to let people know this is the second time
you’ve contacted them.
Referencing the previous communication links what you’re saying with
what you’ve already said and reminds your prospect that you care enough
to continue the conversation.
Usually, when doing direct mail you should include three to five mailings
spaced out about seven days apart. When using a sequential autoresponder
you can have as many follow ups as you want because using email is basically
free (that’s why you always want to get a prospects email address).
One of my clients has over 20 follow-ups in his autoresponder sequence
that go out over a six month period.
Each sequence should follow a logical argument and you might consider
bolstering the offer with each communication using a deadline as a motivator
to act now.
As an example, in the third communication you could say, "I’m surprised
you haven’t taken me up on my generous offer. What’s holding you back?"
Or consider saying, "I’ve written you three times and you still haven’t
taken me up on my offer so I’m going to pull out all the stops and make
you an offer you simply can’t refuse."
Notice how the language always links the previous communication and
increases the boldness of the offer. It’s the same type of conversation
you might have in a regular sales conversation.
_______________________________________________________
How to Put Your Follow Up Marketing System on Autopilot
_______________________________________________________
What I’m about to reveal to you is the key to developing a powerful
follow up marketing system because it overcomes the number one reason
most businesses don’t follow up.
You must automate your follow up system as much as possible so that
there are few, if any, physical interactions from your employees with
the system. It’s the required physical interactions (i.e. printing letters,
sending emails, inputting leads etc.) where 99% of all the breakdowns
happen in well-intentioned follow up marketing systems.
To automate your follow-ups you should consider using robotic marketing
systems and outsourcing any manual interactions to a dedicated service.
For instance, to capture your leads you should consider using a toll-free
automated recorded message system that captures your prospects contact
information and automatically transcribes it and sends your leads to
you in a spreadsheet every morning via email.
If you’re using a direct mail follow up system (and you should be),
find a fulfillment house to do the mailings for you. To find a fulfillment
house, simply go to your local printer and ask them to refer you to
a fulfillment house in the area.
Now step back for a moment and see the power of what I’ve just revealed
to you. Imagine running an ad, having your prospect call up and give
their contact information via your recorded message system.
Then having your leads automatically sent to your fulfillment house
via email, after which your prospect receives a five-sequence direct
mail package containing your most persuasive marketing message -- without
you lifting one finger!
You can set up the exact same type of "hands-free" follow up marketing
system using an email autoresponder system. Your prospect will not only
be receiving your direct mail messages, but you can insert your email
messages in between your mailings.
____________________________________
What About Calling to Follow Up?
____________________________________
You’ll notice that I didn’t say anything about calling your prospect.
That’s because you want your prospect to have already received your
educational marketing messages and have most of their questions answered
before they call you. An educated prospect is your best prospect.
They already know why you’re different, what your value proposition
is, and how you’re uniquely qualified to meet their needs. In essence,
they’ve pre-qualified themselves before you ever have to spend time
physically speaking to them.
This drastically reduces the sales cycle and increases your conversion
rate because you have positioned your small business to be their only
logical choice.
_____________
Conclusion
_____________
Follow-up marketing will boost your closing rate and dramatically increase
your customer satisfaction. Following up with systematic processes allows
you to leverage your salespeople’s time and enhance their productivity,
which will result in more sales with less effort and isn’t that what
you want? Start winning more sales today by implementing your own follow-up
marketing system.
About the author:
David Frey is the author of the best-selling manual, "The Small Business
Marketing Bible" and the Senior Editor of the "Small Business Marketing
Best Practices Newsletter." To get your free lifetime subscription visit
http://www.MarketingBestPractices.com
Copyright 2005 David Frey
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