Lead Generation Campaigns
Posted by Deb BixlerHas the phone stopped ringing? Are sales down? Customers are not calling? Now/the New Year is a great time to take action. Before you spend time and money drumming up new business; try getting in touch with the people who already or at one time already loved you.
Building A Client Base
I’m always surprised by how little effort most people put into staying in touch with the customers that they have already served well. Many seem to have the attitude that once a job is done; it’s done; once a product is sold, it’s sold, and the relationship with the customer is over. That’s short-term thinking. Former customers are the best source for future sales, even in businesses where customers make purchases only every few years. After all, satisfied customers talk to others, so they’re an important referral source. It can cost twice as much to find a new customer as it does to keep the past customers coming back for more.
Develop a contact system
- Put together a list: If you’re like most of us, you’ve got contact information all over your house: stacks of business cards, address lists in word processing files, customer invoices on a different computer altogether. Take a few hours to create a list. Start with ALL former customers or clients — go back at least five years. But don’t stop there. Add anyone who has been — or might be — a source of referrals. This includes industry colleagues, suppliers, friends, even some relatives. Go through your address book, your accounts, those business card stacks, and your email in-box to jog your memory.
- How will you contact them? Phone calls are a simple, personal, and effective way to touch base, and it’s harder for someone to ignore your phone call than it is an email or a letter. Of course, calling takes time, so you may want to limit that to only your most likely prospects. E-mail can also be effective if you make your email personal rather than seeming like spam. Real mail is always more personal. The secret to success is to have a personal connection with each person.
- What are you going to say? You don’t need a specific reason to contact a former customer. You can tell them the truth, “it’s been a while since we’ve talked, and I’m just touching base. I wanted to see how you’ve been and if there’s anything I can do for you.” You’ll probably get more sales, however, if you make a specific offer, especially with a significant discount. Always connect with conversation before making the sales pitch. I personally like the “It’s customer service week” at my company approach. Check out this Script For Customer Service for the approach. Always ask for the referral.
- Determine how ambitious you want to be. Two sales reps I know each wanted to generate some new business and decided to get in touch with old contacts. Jennifer, who hates seeming pushy, finally forced herself to phone one former client. Mark sent out a mass e-mail to over 8,000 names, and got some angry anti-spam responses as well as a few inquiries. I suspect you’ll find a happy medium between these two extremes.
- Be consistent. It is better to do less more consistently than to do more intermittently. Two calls a day for the rest of your life is a system that will make a huge impact on your business. 25 calls this week and maybe again in a couple months will only impact your business in the short term.
Competitive Advantage – Strategy
What is your New Year strategy to give you the competitive advantage? Businesses never fail, only systems fail. Have you put effective systems into your business to keep the cash flow rolling in? During the busy times many of us are so busy serving current business that we don’t have the time-or the need-to stay connected with former customers or potential referral sources. Regardless of how well your business is doing, scheduling time and creating a system of constant contact will guarantee future successes. Remember, “word of mouth” advertising doesn’t just happen; it has to be nurtured. So stay in touch.
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