Just as first responders save more lives, marketers and sales professionals who respond to the prospects first have very high probability of converting the leads to customers.

We all know that first responders such as fire service personnel, paramedics, police and doctors value the first hour after an emergency as ‘golden hour’. Actions taken in the golden hour saves countless lives and damage to the properties. Responding to a prospect who has raised his / her hand with an online registration or quote request is no different.

When a lead comes through your sales lead tracking and management software system, make sure that you respond in minutes, not in hours or days. Even if the product or service that you are selling has a long sales cycle, it is essential to reach out to the prospects at the shortest possible time lag. Note that an autoresponder (or drip email)  message sent by lead system is not a replacement for your personal telephone call or email message.

Also, it does not matter if you are selling to businesses (B2B) or consumers (B2C). Remember that you are selling to people in either case. Decisions are made by human beings, not soul less corporations!

Here are the keys for increasing lead conversion:

• Respond to prospects in Minutes, not Hours or Days
• If the prospects are not yet ready for sale, nurture with resources such as:
  • • Whitepapers
    • eBooks, Presentations, etc.
    • Webinar recordings
    • Newsletters
    • Tutorial Videos
    • Case studies and success stories
• Stay in touch via phone calls and emails with the leads until they are ready to move to the next stage.
• Determine the frequency of touches and use appropriate contact methods

Establishing a process to monitor,  respond and track the inbound marketing leads is a critical requirement in your marketing and sales strategy. Don’t let another lead slip through the cracks by delaying your first response!

Drip Email Messaging is a great tool in the marketers’ resource kit. Most modern Sales Lead Tracking and Management Software Systems include at least some sort of drip email marketing feature to be used as part of lead nurturing process. Advanced lead systems (such as Leadpro247) include a plethora of event triggers and action choices that can be leveraged to send a variety of automated drip email messages. In fact these drip marketing messages blur the difference between the transactional messages and marketing /informational messages. However, marketers have to be cautious and make sure that they are not substituting the drip messages for  personal email one-on-one email messages and follow-up phone calls.

Leading lead tracking systems such as LeadPro247 tightly integrate the drip marketing function with lead follow-up activities and feedback mechanisms such as online surveys. While these features can be leveraged to increase the prospect engagement, the same can never be considered as a replacement for old fashioned phone calls and direct email messages.

Reasons

There are several advantages of personal telephone calls and email messages, especially when the lead is in a warm ot hot stage. Here are some of the reasons:

• Low Delivery rates – Drip email delivery will be much lower than the personal / direct email delivery rate. Important follow-up messages should not be missed.
• Low Open rates – Even if the drip messages are delivered to their in boxes, the email open rates will be significantly less. Though right subject lines and other email header parameters could reduce this issue, a serious / hot prospect should not be left out for any reason.
• Minimal Personalization – Though the email messaging is greatly improved with automated personalization feature, it cannot be equate to the personally hand crafted email messages. A human being can respond much more personally depending on the nature of follow-up and the action which triggers the email.
• Missing Personal Touch – Personal telephone calls can produce significant results when the lead is in the advanced sales stage. By automating the follow-up messages, you miss out a chance for personal interaction and faster lead conversion.

Following sales lead tracking best practices using Lead Tracking Software solutions such as LeadPro247 significantly increases the chance of converting the Lead into a Sale. It is a known fact that over 70% of the prospects are never followed up in time. While employing a lead management software helps to reduce this rate to some extent, using the lead tracking best practices results in high lead conversion rates and increased prospect satisfaction.

Lead Tracking Process

Lead Tracking is nothing but the methodical way of following up with the prospects and recording the lead follow-up activities in the lead management database.

If the sales personnel are not in a position to log the follow-up actions and the results, especially in the case of small businesses, a lead administrator or lead coordinator can update the same in the central database. This practice helps the sale representative in getting an unified view of the lead during the next call or on site visit. Once the sales personnel realize the benefits of of centralized lead tracking, they will start following the process for their own betterment.

Tracking Log

The sales lead tracking log will include the following components, among others:

• Lead Origination / Capture Info
• Lead Assignment Info
• Drip Emails sent to the prospect
• Lead Reassignment or Transfer to another sales rep, if any
• Demo Requests from prospects
• Onsite Visits
• Telephone calls made and received
• Call Back reminders
• Gist of Email communications
• Snail Mails sent
• Marketing Literature fulfillment, if any
• Samples delivered, if applicable
• Movement of Sales Tracking Stage

Visibility to all this tracking information will save considerable time for the sales personnel. The sales support staff (at the back office) can also alert the sales reps based on follow-up triggers.

While many marketers and businesses have started realizing the importance of contacting the prospect at the quickest possible time from the point of lead capture, further follow-up activities have not caught up as required. Deploying a suitable lead management system and adopting simple best practices for lead tracking is imperative in today’s internet centric marketing era.