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![]() | Follow Up to Maximize Appointment Setting
Most appointments come from prospects that had been
contacted several times over the past weeks, months and years.
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This experience prompts me to recall again how important it
is to mix in with your new calls a steady diet of follow up and relationship
building calls. I believe that the familiarity bred from repeated contacts and
conversations is what drives new business development. But, of course, it all
starts with the first calls.
WIN THE WAR. The National Sales Executive Association has
conducted a survey on how many sales you can get depending on how many times
you contact your prospects. Their statistics show that most sales are made from
the 5th contact through the 12th contact. Here is the data they have compiled
about on which prospect contact the sale is made.
Cumulative:
2% of sales are made on the 1st contact 2%
3% of sales are made on the 2nd contact 5%
5% of sales are made on the 3rd contact 10%
10% of sales are made on the 4th contact 20%
80% of sales are made on the 5th-12th contact 100%
With these statistics in mind, structure the mix of your
calls to maximize success. The first calls require 50 attempts to succeed while
fourth contact calls require only 10 attempts to succeed. Follow-through drives
results.
CALL ACCOUNTS RECEIVABLE OR PAYROLL. Employees in these
departments are taught to answer telephones and return messages. Customer
service is important to their job function. They will talk with anyone. Ask
some questions and get a lot of useful information before asking to transfer to
another extension.
E-MAIL A FOLLOW-THROUGH. An e-mail follow-through to your
listener greatly increases the chance of a return call. I encourage you to turn
on the return receipt requested feature in your e-mail software. Knowing that
the listener opened your e-mail is very valuable when making the next telephone
call. The subject line should reference the voice mail and have a date stamp:
"Follow-through on Tuesday's voice mail."
CALL YOURSELF. Most people do not like to hear themselves on
tape. The reason is because few people are polished speakers. Voice mail is the
simplest version of public speaking. A poor voice mail on the initial contact
leaves the other person with a negative impression. Practice, practice and more
practice are the keys to a professional voice mail presentation. Experiment
with different messages and techniques on yourself before you try them on
others. Listen to yourself honestly and make needed changes. Ask yourself one
question, "would I return this voice mail?" experimenting until the
answer is "yes".
THE BIG $$ HABIT. High producers will block out dialing time
to leave voice mails. Review the "win the war" statistics above. What
would happen if you left 100 third or fourth contact voice mails while working
during off-hours? Nothing bad except filling your schedule with revenue
opportunities. This block dialing time is planned with the goal being
approximately 30 messages left per hour. The big money is made by closing
transactions during normal business hours. You need to plan your dialing so
that you are available to receive calls during prime business hours.