How to Pre-Qualify a Sales Lead

Hi readers,

Apologies for the long hiatus…been busy with my travels and tours and enjoying the monsoons hit the sub-continent!

Been thinking about writing on this subject for some time and was waiting for the right impetus to do so…this impetus came to me recently when one of my key account managers came upto me and asked me…”you have written and spoken extensively about qualifying sales leads,….BUT what about pre-qualifying sales leads??”

That was it and here I am …

(Please read my other blog on the subject- https://ashishtandon.wordpress.com/2013/05/06/steps-to-qualify-your-sales-leads/)

So now you got a long list of prospects?  Don’t know where to start?

Your challenge is to focus your time and energy on the prospects who are the most likely to buy.  And that means pre-qualifying your sales leads….before you call them.

and here I believe is what you need to do..

  • Step One: Visualize Your Target. Ask yourself the following questions: What is the specific benefit or improvement of my customers’ lives that will occur as the result of them using my product? How will they feel differently because they are using it? Who is most likely to experience these positive feelings? What is their income, position, experience and level of authority? Your goal for this step is to determine your ideal customer.LIVE A DAY OF YOU TARGET CUSTOMER !!
  • Step Two: Identify Your Strengths. Ask yourself the following questions: What is that we do better than any other company? Why should our ideal customer buy from us rather than the competition? If our competitors were asked (and answered honestly) what would they say that our company does better than anyone else? Your goal for this step is to determine what’s unique about your company’s offer, so that you can match those characteristics more closely to the expectations of potential customers.DEFINE AND UNDERSTAND YOUR USP!! and repeat that USP over and over and over again…
  • Step Three: Match Strengths and Targets. Ask yourself the following question: who, specifically, are the customers who would value and appreciate what our offering does better than our competitor’s offering? Your goal for this step is to determine specific type of customer which is the best match for your offering. This is a process of elimination, not inclusion! You want to pick your shots, so think like a sniper rather than a machine gunner.LOOK AT THE LOWEST HANGING FRUIT BY APPLYING YOUR OFFER TO THEIR IMMEDIATE NEED !! its that simple….
  • Step Four: Concentrate your Sales Efforts. Focus on those few customers who can benefit the most from your company’s offering. Your ideal customer should want your product, need your offering, be able to use your offering and afford your offering. Making sales calls with customers who don’t fit the profile you’ve created will probably be a waste of your valuable time.FOCUS ..FOCUS…FOCUS…
  • Step Five: Provide Feedback to Marketing. If you’re still getting long lists of undifferentiated leads, you need to help your marketing team (or whomever is passing you those leads) to better focus their lead generation efforts.  Your goal in this step is to make the four step process above more automatic, so that you don’t have to spend your own time eliminating unlikely prospects. MAKE MARKETING WORK!!

For more blogs on sales management, career management,marketing , please go to https://ashishtandon.wordpress.com

Link up with me on facebook at http://www.facebook.com/the.ashishtandon

please follow me and leave your comments-feel free to use my work for your sales processes!!

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