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New Business Development
Home :: Business :: Management
By: Sheila Mulrennan Email Article
Word Count: 754 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Professional Sales Training should ensure that salespeople are aware of the importance of follow up marketing. Sales training courses should emphasise a systemic approach to business development.

It’s fact that over half of all sales occur on or after the fifth contract. If you’re only doing one or two follow-up, consider all the business you’re losing. Failing to follow up on your sales prospects is about as productive as filling a shopping bag with a hole in it!

Consistent follow-up creates a predictable and profitable stream of sales prospects, businesses that do so experience higher conversion rates and a higher percentage of sales referrals than those who don’t. Most businesses that fail to follow up on potential sales claim they do not have the manpower to do so. If proper systems are set in place this problem can be easily rectified. A good follow up selling system should have three attributes:

 It should be systematic  It should generate predictable, consistent results.  It should be able to run on autopilot

To most, this idea seems too good to be true yet with modern technology it’s actually quite simple. Automating your follow-up processes gives you more time to work "on" your business rather than "in" your business. The secret to success is the last point, that it works with as little physical interaction as possible.

There are three types of people you should aim to follow up on:

 Those in your target market  Those who have responded to marketing, but are yet to purchase,  And those who have already purchased

Follow up messages will differ slightly, depending on who they are aimed at. Existing and satisfied customers will obviously be easier to follow up on then those who are merely in your target market as you already have their contact information, and may even know them personally.

The key tools you’ll need for follow up selling are the telephone, email and post. Many companies come off a little pushy by jumping straight on the phone pressuring those who have responded to marketing into making a purchase. However this can actually push prospective buyers away, as most are apprehensive of pushy telesales people. A better idea is to try building a relationship with the prospective buyer by promptly sending them information via email or post.

People tend to move slowly through the purchasing process, your aim should be entice them to take the next step as opposed to pushing them.

Always link each follow up by using a sequence, each attempt of communication should build on the previous. This lets the prospective customer know that you as a salesperson care enough about their business to continue correspondence. For instance you could include; ‘you may have received a letter from us 10 days ago...’

Putting your Follow-Up Selling System on Auto-Pilot

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Sheila Mulrennan from Professionaldevelopment.ie specialises in writing articles relating to Personal Development Training, Communication Skills, Prfesentation Skills and SALES TRAINING. Visit her website at www.Professionaldevelopment.ie for more.

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