How to Fix The Biggest Mistake in Marketing

How to Fix The Biggest Mistake in Marketing

You Will Jump Ahead of the Crowd by 80% or More with This One Simple Change

This statistic shows the importance of following up. This shows that the most sales by far are made from the 5th through the 12th contact!
2% of sales are made on the 1st contact
3% of sales are made on the 2nd contact
5% of sales are made on the 3rd contact
10% of sales are made on the 4th contact
80% of sales are made on the 5th-12th contact

Realizing that, don't you think it would be good to go out and learn how to be good at FOLLOW-UP correctly? 80% of all sales are made from the 5th through the 12th contact! Wow! Are you beginning to see why your closing rate is so low?

Here is another example of why repeated exposure is important. How many times a day do you see or hear about Coke or Pepsi? You would think those companies don't need to advertise; haven't we all made our decision on which soft drink to buy?

Actually NOT. Repeated exposure to soft drink ads increases your chance of buying one of those products. Coke and Pepsi would NOT advertise if that were not the case.

Coke and Pepsi understand the importance of FOLLOW-UP.

Gil Cargill, a former VP Sales from IBM who now is a sales management consultant provided the following statistics from the Sales & Marketing Management Institute that are interesting relative to how all buyers identify and pursue buying plans:
(1) 87% of all leads are never pursued
(2) 45% - 63% of the all leads eventually buy the product or service from someone
(3) 48% of all sales leads that are pursued are dropped after the first call/meeting
(4) 80% of all sales close after the fifth contact/meeting (see above)
(6) 73% of sales people do not have a growth plan for their top five accounts

His main point was that effective business development methods ensure we are "in front of the customer" when he/she make the sales decision. Tenacity and planning are more important than eloquence!

Source : The Internet
Md Hatta
019-3089268
hattabasir@gmail.com