The Power of the Follow-Up: Why the Money is in the Phone Call
Sal Carrero
Advisor Growth & Lead Generation Strategist at Growth and Exit Business Solutions | Empowering Advisors to Expand Their Business | Director of Membership Services at SME Association of Australia | Certified Value Advisor
In the world of sales, one adage rings particularly true: "The money is in the follow-up." It's a phrase that seasoned professionals understand deeply, yet the concept of follow-up needs to be understood or, worse, neglected. The follow-up isn't just about sending emails and hoping for the best. It's a strategic, ongoing process that can make or break your sales efforts. But what would be an effective follow-up? More importantly, should that follow-up include a phone call?
Defining the Follow-Up
Follow-up is the art and science of staying engaged with a prospect after the initial contact. Whether that first touchpoint was an email, a phone call, or a face-to-face meeting, the follow-up is your opportunity to maintain momentum, address concerns, and move the prospect closer to a decision. However, the method you choose for follow-up—be it email, phone call, or something else—can significantly impact your success.
The answer lies in understanding the unique power of a phone call in the sales process.
1. Human Connection: Unlike emails, which can feel impersonal and transactional, a phone call allows real human interaction. You can engage directly with the prospect, hear their tone, and respond in a way that builds rapport. This human touch often sets successful salespeople apart in a world increasingly dominated by digital communication.
2. Real-Time Feedback: One of the most significant advantages of a phone call is receiving immediate feedback. If a prospect has questions or objections, you can address them immediately, potentially preventing the conversation from stalling. This real-time interaction can accelerate sales, helping you close deals faster.
3. Customised Communication: You can tailor your conversation based on the prospect's responses during a phone call. This adaptability is crucial in sales, where a one-size-fits-all approach rarely works. By listening to the prospect's concerns and adjusting your pitch accordingly, you can offer a more personalised experience that resonates with them.
4. Demonstrating Commitment: Picking up the phone shows you're serious about the prospect's business. It signals that you're willing to invest time and effort into building a relationship rather than just sending another generic email. This commitment can differentiate you from competitors relying solely on automated emails, making the prospect more likely to engage with you.
There are several reasons for this reluctance:
1. Fear of Rejection: Calling someone directly can be intimidating, especially if you fear rejection. Phone calls put you on the spot, and you might face tricky questions, objections, or outright dismissal. This fear can lead salespeople to default to the safer, less aggressive email method, where they can carefully craft their message without the pressure of real-time interaction.
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2. Perceived Intrusiveness: Some professionals worry that a phone call might be seen as intrusive, particularly if the prospect hasn't explicitly invited such communication. This concern is valid, as there's a fine line between persistence and being a nuisance. However, when done correctly—such as following up after a prospect has shown interest—a phone call can be seen as a value-added touch rather than an intrusion.
3. Convenience: Email is undoubtedly more convenient for the sender and recipient. It allows the prospect to respond at their convenience without the immediate pressure of a live conversation. Email is easier for the sales professional to manage, especially when dealing with a high volume of leads.
4. Scalability: Email campaigns can be easily scaled, allowing sales teams to reach a larger audience with less effort. Automated sequences can keep the conversation going without direct involvement, making email a more efficient tool for managing numerous leads simultaneously.
Building Trust: A phone call adds a level of trust that email simply can't match. It allows prospects to hear your voice, gauge your sincerity, and feel more confident in your intentions. This trust is often the key to moving the prospect from consideration to commitment.
Speeding Up the Process: Phone calls can significantly speed up sales. Instead of waiting days or weeks for an email reply, a phone conversation can resolve issues, answer questions, and move the sale forward in minutes.
Standing Out: In a world where most communication is digital, a phone call can help you stand out. It shows that you're willing to go the extra mile to engage with your prospects, which can make a lasting impression and set you apart from the competition.
Conclusion
The follow-up is not just an afterthought in the sales process; it's where the real money is made. While emails are an essential part of this process, they should not be the only tool in your kit. A well-timed phone call can be the difference between a lukewarm lead and a closed deal.
By embracing the phone call as part of your follow-up strategy, you demonstrate your commitment, build stronger relationships, and ultimately drive better results. Don't let the fear of rejection or the lure of convenience hold you back. The next time you're wondering whether to pick up the phone, remember: the money is in the follow-up, and sometimes that follow-up is just one call away.
Don't let your follow-up be just another email lost in the inbox. Let's go ahead and take your sales strategy to the next level and make every follow-up count. Feel free to message me if you need help. ????
Operator, Advisor & Author | Succession & Exit Planning for CEOs, Business Owners, Boards & Investors | Family Business Planning | E-commerce Acceleration | Interim & Fractional CEO
2 个月Excellent piece Sal Carrero! If it’s really about building a relationship based on trust, then your prospect needs to “hear” your sincerity and passion. Sure, email has the advantages that you mentioned, but too many of these sound exactly the same when they hit your inbox, cliches and all. If I never receive another “should I stay or should I go” follow-up, I won’t be disappointed!