If you have been in business or in sales you likely have gone through some times when sales seem to stop coming in or your opportunities dry up in your sales funnel. Besides panicking, what can be done to change the course of your direction? What actions can you take to fill your funnel and bring back your sales revenues? Here are a few that I have learned over the course of 25 plus years.
Look to your customer or client base
Looking at your existing customers is the easy way to sell and find new business. They are already sold on your products or services. Try asking yourself these questions? Do you understand your customers or clients as well as you think you do? How does their business work? Have their marketing efforts paid off? What new business challenges to they face? What exactly do they do for their customers? What outside influences or competition has affected their business? I’ve learned that by asking good questions and genuinely caring about their business concerns, opportunities will start to fill my pipeline again.
Your best customers are your best salespeople
Most small business owners have four or five good customers or clients that are so happy with our products or services, that they are willing to tell others and sometimes believe more in our business than you do. Take these people out for a coffee or lunch and ask them if they can think of anybody that can use your products or services. All you need is leads or an introduction from them. Having these type of people on your side can increase your pipeline faster than you can on your own.
Resurrect old leads and opportunities
Look back into your CRM and find those sales opportunities that were abandoned from lack of interest, the timing was off or the funds were not there. Then review the reason and come up with a new solution for those who warrant a follow-up call. It’s amazing how a fresh set of eyes and new products or services can find solutions to old problems. Sometimes new people in the old accounts allow for new opportunities as well.
Schedule a follow-up week
Yes you need to find time in your schedule and prioritize and focus on digging up leads. Then start smilin’ and dialin’ as the old schoolers’ say. Now it’s time to comb through all those old leads and opportunities. So open up your calendar and schedule a week of follow-up calls. Contact those old prospects with the object to revisit and find new solutions with your new or improved products and services you now offer. I’m not suggested pushing products or services because you need to sell, but looking for opportunities where these fit in well and help your customers or clients.
Will you find problems? Yes but don’t let that stop you. Problems usually indicate to your customers and clients that you care about their business and are willing to help them out, not just make money through sales of your products or services. Sales means problem solving. Sales will come in based on your targeted efforts and your willingness to find solutions.