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Sales Leads & Top 10 Qualifying Questions to Close Sales

Jay Lipe - Emerge Marketing

Article submitted by:
Jay Lipe, CEO
Emerge Marketing

What percent of sales leads are sales ready?

RainToday.com is a premier online source for service business rainmakers, marketers, and leaders. According to the most recent edition of their annual report "What's Working in Lead Generation", only 25% of leads generated for professional service firms are sales ready, meaning ready to buy. 50% of leads "need nurturing" and 25% are "disqualified."

What's the key takeaway here? Simply that if your company doesn't have a structured, ongoing lead nurturing program comprised of email, direct mail, phone call, or in-person follow-ups, then you're missing out on a majority of future sales.

Top 10 Qualifying Questions to Close Sales Faster

Many times, we're seated across from a hot prospect knowing we're just a hop, skip and a jump from a sale, yet we flounder. Why is this? Part of the reason might be that were not asking the right qualifying questions to bring the prospect to a sale.

Here are ten of the most powerful qualifying questions:

  1. Which specific need(s) do you have that our product/service addresses?
  2. How will our product or service make your life better?
  3. How much have you budgeted for this purchase?
  4. When do you plan to purchase a product or service like ours?
  5. Who all will be involved in the purchase decision?
  6. Which other products or services are you looking at?
  7. Which ones do you favor?
  8. Why do you favor them?
  9. Who has the budget or spending authority to implement the decision?
  10. Which decision makers have your salespeople called on?

Get Jay's Special Report How to Market Your Company During a Recession. Covering a wide variety of tips, tools and techniques you can use to boost sales during a recession.

Jay Lipe is the president of Emerge Marketing LLC, a firm that helps growing companies focus their marketing. He is the author of the books The Marketing Toolkit for Growing Businesses (Chammerson Press, 2002) and Stand Out from the Crowd: Secrets to Crafting a Winning Company Identity (Kaplan Publishing, Fall 2006). He is also a sought after speaker and seminar leader, and can be reached at 612.824.4833, through his Smart Marketing blog or through his website. Hear a podcast interview with Jay discussing Small Business Marketing.


06/11/08




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The American Association of Microbusinesses (AAM) is a 501(c)(6), non-profit professional association and resource for microbusinesses and entrepreneurs.
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