A Modern Guide to Lead Scoring
Chitra Singh
?Sales Mentor/Corporate Trainer ??Global Women in Sales to Follow 2024 ?Founder SalesWomentoring - India's only exclusive Women's Sales community?Sales Coach for BFSI Leaders ?Nasscom Start ups Mentor?Angel Investor
Over half of sales teams spend time chasing leads that will never convert.
What if that time could be spent on prospects who are ready to buy?
That’s the power of effective lead scoring and qualification: bringing clarity to chaos and making every effort count.?
Why This Matters
Sales teams waste valuable time on unqualified leads because they lack clear priorities.?
This inefficiency often results in low conversion rates, as sales and marketing efforts are not aligned.?
Reaching out to the wrong people not only wastes time but also damages trust, frustrating potential customers.
What Is Lead Scoring and Lead Qualification?
Lead Scoring assigns a numerical value to each lead based on how likely they are to convert. It combines actions (like demo requests) with demographics (like company size).
Lead Qualification filters leads to ensure they’re a good match for your product or service. Think of it as assessing their need, budget, authority, and timeline.
Why Do This Now?
Focusing on qualified leads helps sellers close deals faster and more efficiently.?
Companies that adopt these strategies often see a significant boost in revenue, with some reporting up to a 77% increase in ROI from their marketing efforts.
(source: https://ducttapemarketing.com/lead-scoring-roi/ )?
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How to Get Started with Lead Scoring and Qualification
Implementing lead scoring and qualification doesn’t have to be complicated. Here’s a clear, step-by-step approach to help your team focus on the right leads and maximise revenue:
1. Build a Smart Scoring Model
2. Qualify Leads?
Use a two-step approach: start with basic screening to confirm fit, then follow up with an in-depth discovery call for more insights.
3. Create a Feedback Loop
4. Go Beyond the Basics
By following these steps, your team can work smarter, not harder, and focus energy on leads that truly matter.?
Ready to get started??
The payoff is worth it.
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1 个月INTERESTING. Analysis to prevent paralysis. An analysis of existing customers and how they came to be from the prospects stage. As a sales team, identify the number of factors that brought about the how and why customers came about from prospects. These factors understood well, will help sieve leads, suspects and prospects to have a better healthier chances of creating customers. .
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