Developing the Warm Lead
Posted
October 12, 2009
in
Business Development
The world of sales is fast-paced and results-oriented. In order to get in front of potential clients you have to be resourceful and strategic about how you interact with your leads. Going down a list of phone numbers that you found on the internet can certainly keep you busy, but these are cold leads. The key to a successful sale is getting in front of someone that is already looking for your product or service - by developing the warm lead.
A warm lead is a professional that is in the market for your service or product and has already expressed interest in doing business. It is much easier to convert a warm lead into its next stage than a cold one. Conversations run smoother, new ideas are more easily embraced, and conversions are more frequent. Knowing how to generate the warm lead is the challenge that many companies face. If you find that your warm lead volume is low, the first place you may want to take a look at is your marketing efforts.
The Warming Process
The way your company is marketing its service or product may be disabling potential leads from surfacing. Pay-per-click (PPC) advertising and search engine optimization (SEO) are two great ways to develop warm leads because you can track both campaigns as well as the quality of leads they generate - Let’s face it, before anyone makes a purchase they do their research first, and the first place they turn to will likely be a search engine. By exercising SEO and PPC, it will put your product or service in front of more eyes, and open gates for them to contact your organization thus becoming a warm lead.
Warm leads are not always actionable today but will remain positive leads for the future. Keeping warm lead information well-organized is essential during the lead-to-conversion process. Every time you contact a lead you should keep detailed notes describing the conversations that take place. Who knows? They could be the perfect candidate for a product your company offers down the road, and the best part is: they already know you.
Converting Warm Leads to Hot
The goal is not to collect the most sales leads but to obtain the ones that convert. Once you have developed the warm lead it is important to follow up, you usually will not know the perfect time for the lead to convert, so follow up incrementally. An active warm lead is one that you are currently prospecting in hopes to close a sale.
Converting a warm lead into a hot one brings you one step closer to the positive result. Positioning yourself ahead of the prospect will amplify your confidence level and mirror your professionalism.
Developing a warm lead puts you in front of prospective clients that are already interested in your product or service, and then it’s your time to shine. This progressive strategy puts you in the driver’s seat with willing passengers, and allows you to do what you do best - bring in the sales.