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In this very important issue of the rules of marketing, I am going to address a small business' lead database. The lead database is one of the small business' greatest assets. This is imperative to it's success and should not be overlooked and often backed-up. Leads, in essence, are your company's lucrative future. The more leads in your database, the more potential buyers you are going to have down the road. It is that simple, or is it?

"When a business understands the importance of EVERY lead, they notice their sales tactics change. Become a better salesperson and treat ALL your leads with the respect and dedication they deserve."

Why spend all this time on leads when you could be selling something right now to someone else you ask? I bet you have 2x-3x more customers right now than you think! They just might not be buying from you right now... Whether a potential lead buys from you today or not, make them important. I'm not telling you to ignore the value of a "hot" lead, just don't ignore the value of your other leads.

"The secret to this entire rule is to follow up with every lead, every time. When you do this, the message needs to have a purpose and value attached to it. Prospects are searching for both value and resources. Differentiate yourselves by offering your customers both."

The number one thing you should be giving your potential leads is content rich material... I understand that sometimes you just need to inform your leads of a big sale or promotion that is coming up that they might not be aware of, and that is perfectly fine. However, a large portion of your follow-up material should be valuable to your customers.

"Any company can give a discount. Value is passing along any knowledge you can impart to your prospect that they will appreciate."

Valuable follow-up information should both be interesting and informative. Adding value can turn leads into future customers in three (3) ways:

1) You are keeping your name in front of them
2) You will be helping them grow their business
3) With help, you are building a strong relationship

There is a world of possibilities when it come to sending valuable marketing materials. Free reports, whitepapers, downloads, wallpapers, links to articles, webinars, online demos, and just about anything else! Make sure it's helpful and exciting!

In today's markets, you can no longer place a product on the shelf, give it a good price and tell your customers it's a great deal. Today's industries need help from every angle possible and, like we all know, good help is hard to find. Help your potential leads, customers, and vendors and impart any knowledge you have to them that you think will aid in their lives and growth. If we all help each other and work together, we can all expect to see growth in the future ahead.

 

Adam M. Favia
Freelance Digital Artist
FaviaDesign.com

 
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