Easy Steps to a Proven Referral System

Sales Referral Funnel

Tips for Creating a Sales Referrel Funnel

Some of the best prospects in a sales professional’s pipeline are referral leads. These “warm” leads can be a great source of business if they are properly cultivated. Here are some quick sales tips on what steps you can take to create a proven referral system to supplement your sales pipeline.

1. Speak Up!

Make it a habit to ask for referrals throughout the sales process. Once it becomes second nature to you, you’ll easily work it into your everyday sales vocabulary. Also, it’s never too early in the sales process to work in this habit. For instance, even if you receive an objection during a cold call, that prospect may know another contact that may have a need for your product or service. The sooner you adopt this practice the better as you’ll find out those flat out objections turn into new opportunities.

2. So and So Said…

When you get a referral, make sure you get permission to reference the original prospect or client in your initial dialog. This is an indispensable bridge to the referral and allows you to more easily circumvent early objections or gatekeepers.

3. Keep in Touch

Tap into your existing client base. Even if you’re new to your position, often times companies have clients that were acquired by predecessors who have fallen through the cracks. These can be valuable sources of leads and referrals and it’s a perfect opportunity to warm up current relationships. If you have been at your position for a while and have not made it a point to schedule your existing clients for periodic follow up calls in which you ask for referrals, you have cost yourself plenty in wasted opportunities.

4. Incentives

Added incentives. This step is appropriate for some business models and industries and highly inappropriate for others. For some products and services, discounts and referral programs to existing clients is a natural part of doing business. For others it can be tacky. Whatever the case, understand that most people like to help others. Being needed and appreciated for your help and expertise is a natural part of being human. So understand that about your clients and even if it’s not appropriate to add an incentive to referrals or employ a company referral program, a simple thank you card or springing for a lunch can be an unexpected touch of class that will only benefit you in the long run.

10 Ways to Use Google to Find New Sales Ideas

Finding New Trends for Sales - BetterCloser.com

Finding New Trends for Sales - BetterCloser.com

The other day I had a client tell me Smart Grid Technology was going to be fruitful ground for his product.

Naturally, my sales instincts kicked in and I said, “Cool, who’s doing that in your region?” To my amazement he said, “I’m not sure, probably no one.”

This is the kind of thought without action that constantly defeats good sales people.

I wasn’t going to let that happen to my client. I suggested we do a quick screen-sharing exercise and figure out how we can find the seeds of sales in this trend.

Here’s basically the 10 step (Google) process I used to find my client his first couple of leads:

  1. I didn’t know a lot about Smart Grids. So, I simply searched that term.
  2. I took that knowledge to refine my query to find the money. Whenever, I am looking to sell into an emerging trend I want to know where the money is coming from (i.e., private equity, VC, corporate investment, government funding) and where it’s going—these are your targets
  3. In this case, as I suspected (being a Green thing) was coming from the government. More specifically DOE (Department of Energy).
  4. Knowing where the money to fund these new initiatives was coming from, we searched for companies getting the money.
  5. This popped out a lot of opportunities, which we refined to limit to my client’s region.
  6. I added this search to Google Alerts.
  7. With a short list of target accounts I needed insight into their “strategy.” That was easy to uncover with a couple of quick company searches.
  8. I added this search to Google Alerts.
  9. Equipped with a few angles of attack, I needed people to talk to. For this, I used a Linkedin.com site search to find relevant people and titles in those companies.
  10. I added this search to Google Alerts.

That was all there was to it. At the end of these 10 simple steps I had target companies, people, and angles of attack for a whole new (emerging ) market. What’s even more important—my prospecting into this emerging trend/opportunity has been automated.

Free, new, low competition sales leads!

Are you going to try this? Tell me how it works for you: Email me your story at bill@bettercloser.com.

Stop Generating (and Giving) Leads to Your Company

Are you generating sales leads for call center reps?

Are you generating sales leads for call center reps?

If you’re online—Linkedin, Facebook, Twitter, a blog, etc.—I’m about to save you from giving all your sales leads.

STOP linking to your company’s website!

You’ve done all this work to get attention. You’ve built an audience. You’ve created some interest in what you do and what you sell. And then you let them slip through your fingers, as they click through to the corporate website.

This sucks on three counts.

  1. You lose the prospect’s attention and probably the lead.
  2. The customer is very unlikely to find the help they need (face it most company’s websites suck).
  3. If they (heaven help them) find their way into your company’s inside sales team they are probably in for it—a nightmare of pre-qualification questions and “lead management.”

Stop doing this to yourself and your prospective customers.

Tell them who you work for, of course. But, link them to a landing page that gives them your direct phone number, your direct email, or a Web form that goes directly to you.

Can you do that? Do you need help?

Read this article on sales landing pages (My advice might surprise you).

Stop Hiding Your Damn Phone Number and Email

Bill Rice - bill@bettercloser.com - 734.775.4487

Contact Bill Rice - BetterCloser.com

Are you in sales or what?

Then why are you making it so hard for people to get in touch with you?

I see this over and over again.

Here are 7 common ways I see sales people turning away leads:

  1. No phone number in their email signature
  2. Not giving prospects their cell phone
  3. No sales landing page (website, blog, sales page, Linkedin, Facebook, etc.)
  4. Sales landing page doesn’t have a phone number (front page, top right)
  5. Sales landing page doesn’t have an email, in addition to contact form (front page)
  6. Contact form is hidden or only lives on the Contact page (front page)
  7. Captcha (evil, impossible to read Captcha) on the contact form

Decide right now. Are you in sales or not?

If you’re IN, make it (crazy) easy to connect with you.

Oh, by the way you can reach out to me by calling 734.775.4487 or email me at bill@bettercloser.com, but you already knew that.

Everyone Wants Hunters These Days

We live in a brave new world, hopefully not in the Aldous Huxleyian sense, but certainly transformed by the collapse of many of our previous economic assumptions.

Okay, before I lose you to thoughts that I am about to dive into some political philosophical tirade (although, I’m known to do that offline occasionally) this article has a very simple point to it:

Companies, even big ones, no longer have the luxury to house large stables of sales people that they have to feed.

I use metaphors like “house” and “feed” intentionally. Most sales people I know aren’t “housed” on sales floors anymore. They aren’t “feed” big expense accounts, hot sales leads, and they don’t get paid base salaries they can live on.

No, most sales people I know are now much more like entrepreneurs than corporate types.

That’s why we, as sales people, need to make some mental and physical adjustments.

Companies, sales organizations, sales managers all want hunters, not gathers. This is a different world. One that requires slightly different application of our skills.

There are three areas you should immediately target for self-improvement. Assuming you intend to survive and hopefully thrive in this new sales environment:

1. Social Selling – Face it, social media and networking is the new email.

Back in the day, companies and sales people thought this was an idle, distracting, time wasting gimmick. Now, email is, without argument, the most efficient and effective sales tool when used by skilled sales people.

Don’t be the sales person without an “email address” when the prospect says, “can you email me your proposal?” (This happened. A sales person frantically called me once asking how to get an email account, fast!)

In case you need a translation of this analogy: Don’t be the guy with a crappy Linkedin profile and otherwise a ghost online when the prospect Googles you.

2. (Personal) Lead Generation – Remember, no one is feeding you any more.

You had better learn to hunt and farm. In this new world you eat only what you kill or grow. The choice is simple.

This means an online presence and an email list. A personal online presence and a personal email list.

3. Lead Management – Sales leads are precious.

When you get leads you had better manage them like you would an investment portfolio. That’s what they are–an investment in your future. Lead management is simply an iron-clad process for follow-up, nurturing, and growing a relationship with a lot of people (prospects and leads).

As your database gets big that usually means software. Today, it could be as simple as a process and a legal pad. But, do it!

If you master these three things. Strike that, if you do these things moderately well. If you use social media, create a lead generating presence, and manage your sales leads just a little better than the average sales person, you will be in high demand.

(Oh, and have no monthly quota stress.)

Bettercloser.com - Sales Needs Hunters

Bettercloser.com - Sales Needs Hunters


Warning: Too Many Friends Can Reduce Sales

Bettercloser.com - Too Many (Social Media) Friends

Bettercloser.com - Too Many (Social Media) Friends


Is it possible for a huge database of contacts or thousands of friends or followers to actually reduce your sales output? Yes!

This isn’t another rant on quality over quantity in lead generation. Or a diatribe on how critical lead management is to sales. It’s an important sales discussion about focus, discipline, and misplaced hope.

In sales we often pride ourselves in our ability to hunt. Collecting names, numbers, emails, business cards, and friends make us feel secure. We know it’s a numbers games with lots of No’s for the occasional Yes.

Although all true, it’s exactly this programming that can lead sales people into a dangerous rut.

Collecting without Sales Process

There are packrats and there are curators. You can clearly see the difference.

If you walk into the office or home of a packrat there are arbitrary stacks and piles of stuff–old newspapers, magazines, pieces and parts, trinkets and toys. All these things landing where they may and there they stay. There is little in the way of organization or movement.

Contrast that with a curator. Every item is carefully and quickly reviewed, characterized, and categorized. Put in its proper place for later use. Things flow in and things flow out. There is movement.

A carefully developed sales process is the difference between us being packrats of leads to carefully curating and nurturing leads to deals. A sales person without a disciplined process that moves leads forward is a graveyard for good leads.

The worst part…those without a good sales process often hoard like a packrat–collecting, taking, or requesting the most leads!

Collecting without Engaging Leads

The other danger with incessant collecting is focusing the easy and avoiding the scary.

Face it getting lots of arbitrary followers and filling a database with random names is simple. In some cases you can even automate or buy this gathering of prospects. However, engaging these folks in a conversation, connecting with them in a meaningful way, even taking the risk to introduce yourself makes even the most seasoned sales professional anxious.

It’s much more comfortable (and misleading) to measure success by collections of leads, avoiding the true measure of sales progress–how many scary, new conversations did you have this week?

Collecting without Cleaning House

Kicking a lead out of your sales pipeline is another scary, but necessary process.

Letting a lead go is like peeling your fingers off that soft childhood security blanket. You’re afraid you won’t get another lead to replace it or your letting go of future opportunity. But hanging on means you are wasting precious sales activity on something that’s not ready to close–there are other, more productive ways to manage that lead.

The secret to avoiding this bad sales habit is to carefully observe and define the characteristics of a good lead. This makes it much easier to sort the good for the bad and the hot from the cold. It also gives you the confidence to kick it lose, to another process, and the motivation to work harder on the ones you know are the best opportunities.

Keeping a clean sales pipeline is the best way to “narrow” your sales pipeline and squeeze out more sales.

Collecting without Closing Sales!

Are you on this dangerous path? Have you developed these avoidance behaviors? It’s easy to find out–look at your sales numbers. Up or down? Are you letting whole days go by without a good conversation?

Don’t get trapped in the collection trap–process and close!

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