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FIXING FO
        OLLOW UP
        OLLOW-UP
     FAILURE
Turn your dead lead graveyard
       into a go mine
               old
Infusionsoft Certified
                                    Marketing Automation
                                    M k ti A t          ti
                                    Coach (CMAC).
ClientBridge, LLC helps small
businesses to accelerate sales by   Certified Inbound
leveraging technology-assisted      Marketing Professional
lead generation systems.
What are your goals?

Do you want to grow your business…
                  w

     quickly!

           profitably
                    y!
                    y

                witho adding staff!
                    out
How are you going to make that happen?
                    o




• Market to generate leads?
• Nurture prospects until they are ready to buy?
                        l
• Follow-up with every prospect?
• Get repeat sales from e isting c stomers?
                        existing customers?
• Automate t e e t e p o
   uto ate the entire pro
                        ocess
                        ocess?
FIX YOUR
LEAD FOLLOW-UP!
Why don’t comp
                   panies follow-up?




1. You forget.
          g

2 You focus on hot leads
2.                   ads.

3. Unconverted leads fall through the cracks.
Why d ’t
     Wh don’t compa i f ll
                  anies follow-up?
                                 ?


4. You think the people will call you back if
   they are really inter
                       rested.

5 You don’t want to be pushy
5.    don t            pushy.

6. You don’t realize the potential impact
   follow-up
   follow up can have on your business
                              business.
People buy when thhey
are ready to buy!

67% of the prospectiv  ve
buyers that tell you “n
                      no
                      no”
                      n
today will be ready to buy
                      o
in the next year
            year.
—Gartner Research

80% of leads you con nsider to be
“dead” will buy within 2 years
                     n years.
—Sirius Decisions
You are delivering the sale
   to your comppetition!
5 Common Follow up Mistakes
           llow-up



1. No follow-up at all.
1 N f ll         t ll
2.
2 Weak follow up
            w-up.
            w
3. Irrelevant fo
               ollow up.
               ollow-up.
4. Jumping int a sales pitch.
             to
5. No centraliz database.
              zed
How many touches d
                  does it take to close
 a sale?

• 2% close on the 1st c
                      call
• 3% close on the 2nd call
                    d
• 4% close on the 3rd call
• 10% close on the 4th call
                     h
• 81% close on (or aft
                     ter) the 5th call
When do most compan
                  nies stop following up?
                            following-up?


• 48 % quit after the 1st call
• 24 % quit after the 2 call
                      2nd
• 12 % quit after the 3 call
                      3rd
• 6 % quit after the 4th call
                       h
• 10 % quit after the 5 call
                      5th
Old fashioned sales and marketing
                les
                l
Traditional sales and marketing
                s


                  Day
                    y     Week        Year
  Total Leads      10
                    0       50       2,500
  Closed            1        5        250
  Warm Leads        1        5        250


  Cold Leads        8       40       2,000
  Sales
  S l             $500
                     0   $2,500
                         $2 500   $125,000
                                  $125 000
  ($500 / deal)
What happens with th
         pp           he
2,000 cold leads that your
sales efforts don’t focus on?
              don t




      THEY TURN TO DUST!
              N
Fixing Follow-u Results In…
       Follow u
              up


                    Day
                      y     Week        Year

 No Contact Leads     8       40       2,000


 Nurture              1        8        400
 (convert 20%)

 Sales              $500
                    $ 0    $4,000
                           $        $200,000
                                    $
 ($500 / deal)

 % ROI Increase                        260%
Is It Time To St Letting Your
               top
Prospects and C stomers Slip
                Customers
     Through Yo Fingers?
               our
What is fo
                       ollow-up?
                       ollow up?

• Education
• N rt ring
  Nurturing
• Ongoing co tact
  O go g contact
• Relationship building
• Providing long-term value
• Staying top of mind
• Differentiating yourself from the competition
                         f
Effective follow p happens
                   w-up pp
  through a combination of media
• Email             • Phone Call
• Voice Broadcast   • P t l Mail
                      Postal M il
                    • Fax Broadcast
Website without automated follow up
                 utomated follow-up
                 u
Website with
automated
 follow-up
Follow-up Sequence
            (New Proospects)

1. Send the info they re
                       equested immediately.
   (email)
2. Send a letter with mo valuable info.
                       ore
   (letter)
   (l tt )
3. Call to see if you can answer any
                  y     n          y
   questions. (call)
4.
4 Send a value added email with
           value-added
   tips/education. (email)
Follow-up Sequence
            (New Proospects)

5. Send a promo offer t stimulate action.
                      to
   (email)
6. Follow-up with limited time promo offer.
   (postcard)
   (    t d)
7. Call with a final reminder for promo.
                                  p
   (voice broadcast)
8.
8 Offer subscription to future marketing
   offers and other valu added content.
                       ue
   (email)
Old Customer Retention Model
             Retention
New Customer
Retention Model
Follow-up Sequence
           (New Customers)

1. Send a “thank you message. (email)
                   u”
2. Send a gift. (lump mail)
                    py
3. S
   Send a survey. (e
                  (email)
                        )
4.
4 Send valuable tips (email)
                   s.
5. Present cross-sell and/or upsell offer.
                              p
 (postcard)
Follow-up Sequence
             (New Customers)

6. Ask for a referral. (c
                        call)
7. Make “thank you” c
                    call. (voice broadcast)
8. Off subscription t communications.
   Offer            to
  (email)
9. Put them in a custo
                     omer nurture
  sequence. (newslett etc.)
                    ter,
Case Study
                             CASE STUDY


“All About Spelling”
         t p      g




Can we double their sales?
            e
CASE STUDY


        “We are very cu
                   y ustomer
    service oriented, so customer
                       o
    follow-up was our #1 priority.
            p             p     y
   Previously, when a c  customer had
a question we might ha to check the
  question,              ave
     shopping cart, ema system,
                          ail
       paper system, a more
               system and
        just to find the a
                         answer.”
                    Ma i Ri
                      arie Rippel, O
                                l Owner
                    “All About Spelling”
                    (pr to fixing follow-up)
                      rior
CASE STUDY




       Goal:
 Double Their Sales

      Strateg
            gy:
Fix Follow-Up Failure
CASE STUDY
              Initial Analysis
              I iti l A l i

• SEO efforts were d
                   driving
 strong traffic
  t     t ffi
• Decent sales conve
                   ersion rate
• Newsletter opt-in o website
                    on
 (but no way to know who was who)
                   w
• N t capitalizing on hi h t ffi pages
  Not    it li i      high traffic
CASE STUDY
             Initial Analysis
             I iti l A l i


• 50% drop off betwe sales stage
         p         een        g
 cycles
• No automatic upse (promos only)
                  ells
• No affiliate/referral program
• Data in d e e t p a
   ata different plaaces
CASE STUDY

       Fix Follow-Up Failure Plan
                   p

• Get organized – tag customers / prospects
• Integrate shopping ca / e-commerce into
                      art
 follow-up system
         p y
• Add upsells to follow
                      w-up process
• Automate process to save human interaction
                    o
• Change newsletter o in to free report
                    opt
                    opt-in
• Add automated affilia
                      ate/referral program
CASE STUDY
               Res
                 sults

• Grew list from 5,863 to 10,632
 contacts
• Grew from 599 pu
                 urchases to 1,232
• Average order size increased 16%
                   e
• 49 sales f
       l from affili t
               ffiliates
• Doubled sales in 7 days
                   72  y
• 149% increase in sales in 3 months
CASE STUDY

  “We've been able to hire tw VA's. This has
                             wo
freed me up to work on product de elopment
           p      ork           ct development.
I never could have done that before, when the
data was all scattered in diffe
                              erent applications
                                    applications.

  But since everything is centrally located,
 my assistants can handle ccustomer service
       and I don't have to wo about
                            orry
   anything slipping through the cracks.

  We i
  W win, and our customer win. L
           d            rs i Love i ”
                                  it.”
                            Ma Rippel, Owner
                              arie
                            “All About Spelling
                             Al        Spelling”
                            (aft fixing follow-up)
                              fter
Practical Application
            P ti l A li ti

1. Determine what type of follow-up your
   business needs. (10 minutes)
2. Brainstorm sequence concepts with
                     e
   group.
   group (30 minutes)
3. Build a 10-step seque
                       ence outline for your
   business.
   business (15 minutes
                      s)
4. Write your opening piece. (20 minutes)
5. Share and review with group.
   (30 minutes)
Fixing your foll
                    low-up failure will:

• Convert more leads into sales
                          sales.
• Get repeat sales fr
        p           rom customers.
• Grow your busines without
                  ss
 growing staff.
     i      ff
How do you fix you follow-up failure?
                  ur



1. Make a commitme
                 ent.
2 Create a follow-up program
2.                 p program.
3. Find a system to a
                    automate your
  follow-up.

            Get a Free T
                       Trial at:
     www.Client-Bridge.c
                       com/resources

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Fix follow up failure

  • 1. www.Client-Bridge.com FIXING FO OLLOW UP OLLOW-UP FAILURE Turn your dead lead graveyard into a go mine old
  • 2. Infusionsoft Certified Marketing Automation M k ti A t ti Coach (CMAC). ClientBridge, LLC helps small businesses to accelerate sales by Certified Inbound leveraging technology-assisted Marketing Professional lead generation systems.
  • 3.
  • 4. What are your goals? Do you want to grow your business… w quickly! profitably y! y witho adding staff! out
  • 5. How are you going to make that happen? o • Market to generate leads? • Nurture prospects until they are ready to buy? l • Follow-up with every prospect? • Get repeat sales from e isting c stomers? existing customers? • Automate t e e t e p o uto ate the entire pro ocess ocess?
  • 7. Why don’t comp panies follow-up? 1. You forget. g 2 You focus on hot leads 2. ads. 3. Unconverted leads fall through the cracks.
  • 8. Why d ’t Wh don’t compa i f ll anies follow-up? ? 4. You think the people will call you back if they are really inter rested. 5 You don’t want to be pushy 5. don t pushy. 6. You don’t realize the potential impact follow-up follow up can have on your business business.
  • 9. People buy when thhey are ready to buy! 67% of the prospectiv ve buyers that tell you “n no no” n today will be ready to buy o in the next year year. —Gartner Research 80% of leads you con nsider to be “dead” will buy within 2 years n years. —Sirius Decisions
  • 10. You are delivering the sale to your comppetition!
  • 11. 5 Common Follow up Mistakes llow-up 1. No follow-up at all. 1 N f ll t ll 2. 2 Weak follow up w-up. w 3. Irrelevant fo ollow up. ollow-up. 4. Jumping int a sales pitch. to 5. No centraliz database. zed
  • 12. How many touches d does it take to close a sale? • 2% close on the 1st c call • 3% close on the 2nd call d • 4% close on the 3rd call • 10% close on the 4th call h • 81% close on (or aft ter) the 5th call
  • 13. When do most compan nies stop following up? following-up? • 48 % quit after the 1st call • 24 % quit after the 2 call 2nd • 12 % quit after the 3 call 3rd • 6 % quit after the 4th call h • 10 % quit after the 5 call 5th
  • 14. Old fashioned sales and marketing les l
  • 15. Traditional sales and marketing s Day y Week Year Total Leads 10 0 50 2,500 Closed 1 5 250 Warm Leads 1 5 250 Cold Leads 8 40 2,000 Sales S l $500 0 $2,500 $2 500 $125,000 $125 000 ($500 / deal)
  • 16. What happens with th pp he 2,000 cold leads that your sales efforts don’t focus on? don t THEY TURN TO DUST! N
  • 17. Fixing Follow-u Results In… Follow u up Day y Week Year No Contact Leads 8 40 2,000 Nurture 1 8 400 (convert 20%) Sales $500 $ 0 $4,000 $ $200,000 $ ($500 / deal) % ROI Increase 260%
  • 18. Is It Time To St Letting Your top Prospects and C stomers Slip Customers Through Yo Fingers? our
  • 19. What is fo ollow-up? ollow up? • Education • N rt ring Nurturing • Ongoing co tact O go g contact • Relationship building • Providing long-term value • Staying top of mind • Differentiating yourself from the competition f
  • 20. Effective follow p happens w-up pp through a combination of media • Email • Phone Call • Voice Broadcast • P t l Mail Postal M il • Fax Broadcast
  • 21. Website without automated follow up utomated follow-up u
  • 23. Follow-up Sequence (New Proospects) 1. Send the info they re equested immediately. (email) 2. Send a letter with mo valuable info. ore (letter) (l tt ) 3. Call to see if you can answer any y n y questions. (call) 4. 4 Send a value added email with value-added tips/education. (email)
  • 24. Follow-up Sequence (New Proospects) 5. Send a promo offer t stimulate action. to (email) 6. Follow-up with limited time promo offer. (postcard) ( t d) 7. Call with a final reminder for promo. p (voice broadcast) 8. 8 Offer subscription to future marketing offers and other valu added content. ue (email)
  • 25. Old Customer Retention Model Retention
  • 27. Follow-up Sequence (New Customers) 1. Send a “thank you message. (email) u” 2. Send a gift. (lump mail) py 3. S Send a survey. (e (email) ) 4. 4 Send valuable tips (email) s. 5. Present cross-sell and/or upsell offer. p (postcard)
  • 28. Follow-up Sequence (New Customers) 6. Ask for a referral. (c call) 7. Make “thank you” c call. (voice broadcast) 8. Off subscription t communications. Offer to (email) 9. Put them in a custo omer nurture sequence. (newslett etc.) ter,
  • 29. Case Study CASE STUDY “All About Spelling” t p g Can we double their sales? e
  • 30. CASE STUDY “We are very cu y ustomer service oriented, so customer o follow-up was our #1 priority. p p y Previously, when a c customer had a question we might ha to check the question, ave shopping cart, ema system, ail paper system, a more system and just to find the a answer.” Ma i Ri arie Rippel, O l Owner “All About Spelling” (pr to fixing follow-up) rior
  • 31. CASE STUDY Goal: Double Their Sales Strateg gy: Fix Follow-Up Failure
  • 32. CASE STUDY Initial Analysis I iti l A l i • SEO efforts were d driving strong traffic t t ffi • Decent sales conve ersion rate • Newsletter opt-in o website on (but no way to know who was who) w • N t capitalizing on hi h t ffi pages Not it li i high traffic
  • 33. CASE STUDY Initial Analysis I iti l A l i • 50% drop off betwe sales stage p een g cycles • No automatic upse (promos only) ells • No affiliate/referral program • Data in d e e t p a ata different plaaces
  • 34. CASE STUDY Fix Follow-Up Failure Plan p • Get organized – tag customers / prospects • Integrate shopping ca / e-commerce into art follow-up system p y • Add upsells to follow w-up process • Automate process to save human interaction o • Change newsletter o in to free report opt opt-in • Add automated affilia ate/referral program
  • 35. CASE STUDY Res sults • Grew list from 5,863 to 10,632 contacts • Grew from 599 pu urchases to 1,232 • Average order size increased 16% e • 49 sales f l from affili t ffiliates • Doubled sales in 7 days 72 y • 149% increase in sales in 3 months
  • 36. CASE STUDY “We've been able to hire tw VA's. This has wo freed me up to work on product de elopment p ork ct development. I never could have done that before, when the data was all scattered in diffe erent applications applications. But since everything is centrally located, my assistants can handle ccustomer service and I don't have to wo about orry anything slipping through the cracks. We i W win, and our customer win. L d rs i Love i ” it.” Ma Rippel, Owner arie “All About Spelling Al Spelling” (aft fixing follow-up) fter
  • 37. Practical Application P ti l A li ti 1. Determine what type of follow-up your business needs. (10 minutes) 2. Brainstorm sequence concepts with e group. group (30 minutes) 3. Build a 10-step seque ence outline for your business. business (15 minutes s) 4. Write your opening piece. (20 minutes) 5. Share and review with group. (30 minutes)
  • 38. Fixing your foll low-up failure will: • Convert more leads into sales sales. • Get repeat sales fr p rom customers. • Grow your busines without ss growing staff. i ff
  • 39. How do you fix you follow-up failure? ur 1. Make a commitme ent. 2 Create a follow-up program 2. p program. 3. Find a system to a automate your follow-up. Get a Free T Trial at: www.Client-Bridge.c com/resources