Sales & Marketing Strategies To Increase Your Income
Knowing how to properly sustain and manage your sales pipeline can make or break your sales career. As salespeople, we psychologically want to add low percentage deals to our pipeline to make us feel like we are doing our jobs. This is a big mistake and one of the big factors in salespeople failing.
Sales reps love seeing stats such as only 1% of cold calls are converted into opportunities. Stats like these make salespeople better and convince them to stick to other more comfortable avenues. The truth is these stats are flawed because cold calling is a very difficult thing to do. At the same time, just like anything it takes practice to become great at something. Cold calling is still only of the best and fastest ways to have conversations with prospects.
Hubspot coined the phrase Inbound Marketing 12 years ago and inbound digital marketing has never been the same. Instead of the common outbound marketing practices at the time, Inbound marketing used methods to pull in potential customers on their own to make purchasing decisions.
Have you ever had the common objection from a prospecting saying “Just send me some information”. Normally in the sales world, we counter that with something to bypass that objection and get to a meeting. If they ask you to send over some information, is that really a bad thing? Is getting permission and getting there email address such a bad thing? This is where a digital content marketing strategy and can help.
When putting together proper outbound prospecting plans it can be a little daunting trying to drum up leads at the same rate of inbound leads coming in. When inbound leads come in, they are further down the funnel, already in a buying stage, and have legit interest in exploring the products. When executing your outbound campaign, it can take a while to engage with these prospects and get multiple prospsects already into the funnel as “warm to hot” leads that are ready to have meetings or start the process of moving forward. With some proper planning and execution, there are some simple ways you can beat inbound and create leads on your own at a fast pace as seen below.
Besides having inbound leads come in through your company website, how can you develop that stream of inbound leads or higher percentage engagement to your pipeline? Below, we go over some of the best ways to engage prospects and developing those prospects into your pipeline.
Sometimes the biggest secrets to sales success are the easiest things. Being successful in sales can be complex and very strategic but the simplest things can make the most successful sales reps. When I mention a simple thing, I am talking about something as simple as “the follow up”.