Balancing existing relationships and new leads in social selling: How do you prioritize effectively?
In the dynamic world of social selling, you're often juggling the care of existing relationships with the pursuit of new leads. The key to success lies in striking a balance that keeps your current clients engaged while also expanding your customer base. Prioritizing effectively requires a strategic approach that blends attentive relationship management with proactive lead generation. Let's delve into how you can maintain this delicate equilibrium without dropping the ball.
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Segment and schedule:Divide your contacts into categories based on their potential and value, then designate specific time slots for nurturing relationships versus seeking new leads. This helps you allocate time efficiently, ensuring both existing clients and prospects get the attention they need.
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Upsell opportunities:Assess if there's room to offer more to your current clients. They're easier to sell to than new prospects. If upselling is viable, it can be a strong reason to prioritize these relationships, as it can significantly boost your annual recurring revenue (ARR).