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Donna Siegel
Donna
Siegel


How To Measure The Heat Of Your Sales Leads

What does it mean when someone says, "I've got some hot sales leads for you"? Does that mean people who are ready to buy or just active literature collectors? And when are sales leads too cold to bother with. To help you prioritize your sales opportunities, here is How To Measure The Heat Of Your Sales Leads.

 

IN DEPTH

 


Salespeople often have more "sales leads" than they can possibly pursue. So how do you decide where to spend your time? It’s easy. All you have to do is measure the heat of your sales leads, and you’ll know exactly which ones to concentrate on.

Icy sales leads
Someone who knows you and your company suggests to you: "You know Bill over at TimePlex. He really could use your products. Why don’t you give him a call?" Unless you’re desperate for sales leads, don’t bother. You don’t know Bill and his priorities; more importantly, Bill doesn’t know you or your company. If you have the time, drop Bill a letter or note. If he responds, then maybe something can happen. But don’t waste much of your time on this one.

Frosty sales leads
But instead you might hear: "Companies like TimePlex are all having trouble with their telephone systems. They could probably use someone like you to help them out." This lead is still pretty cold because you don’t know if TimePlex has the problem or not. If you have time, you may want to follow up with this one, and talk with someone at the company to find out if this is a problem. Then if it is, you might want to contact Bill, and find out if this is a problem for him. It’s still a frosty lead, because you don’t know if Bill has the problem for which you have the solution. The likelihood of reaching Bill and convincing him that you can solve the problem is still slim, but worth a shot.

Cool sales leads
That same person tells you: "I was talking with Bill over at TimePlex yesterday, and he told me they’re having problems with their telephone equipment. They’re very unhappy with their current supplier." Now, because you sell telephone equipment, you have something to talk to Bill about. Ask the person giving you the lead if you can use his name when talking to Bill. Then, call or write Bill about how you can help him solve this problem.

Warm sales leads
Your referring source tells you: "I was talking with Bill over at TimePlex yesterday, and he told me they’re having problems with their telephone equipment. They’re very unhappy with their current supplier. Why don’t I call Bill and tell him that he should talk to you? Then, you give him a call." You’re getting warm now. You have a personal introduction to Bill by someone he trusts enough to confide in about the problem. Be sure to call Bill using your referring source’s name, and set up an appointment to talk to Bill further about the impact of the telephone system on his company and his goals.

Hot sales leads
You know you’re beginning to get hot when your reference tells you: "I was talking with Bill over at TimePlex yesterday, and he told me they’re having problems with their current telephone equipment and need to fix it. When I told him about you and your company, he said that he'd heard very good things about you and wanted you to give him a call." The lead is getting hot. Not only do you know what the problem is, but you and your company have been recognized as possible solutions. Give Bill a call and get him to talk a little more about his problem. Then, set up an appointment to explore the problem in more depth and to look at possible strategies for a solution.

Sizzling sales leads
You get a call from Bill, saying: "I have a problem with my telephone system. I’ve been told your company makes the best equipment to solve this problem. I’ve got to do something soon. Do you think you can help me?" Don’t wait a minute. Set up that appointment to find out the details of Bill’s problem and put together your best solution. This is the one you want.

Cooking-with-gas sales leads
You get a call from Bill saying: "Help! My telephone system is just not doing the job. Can you come in today and help me figure out a solution? When are you available?" Now, Bill is selling to you. Go get the order.

Look at your own leads and compare them to this chart. How hot are your leads? What are you going to do to heat them up?

 

 

Donna Siegel is a senior partner at SeaBird Associates Inc, an author and consultant in the areas of sales management and sales coaching.

Contact Donna at:

SeaBird Associates Inc
3011 NE 7th Drive
Boca Raton, FL 33431
Phone: 561-750-9233
E-mail: Donna Siegel

Copyright © 1994 - 2002 SeaBird Associates Inc and the author. All rights reserved. Please see Copyright page for details on how you may use these articles.

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