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The Importance of Qualifying Prospects

Written by Tony Caldwell | Apr 29, 2014 11:00:38 AM

Recently, I decided I wanted to buy a new car. I wasn’t sure what I wanted at first, as I haven’t driven a car for a long time. So, I looked at a lot of options. As a sales professional I found the experience interesting.

They Call This Selling? Business Must Be Earned

I encountered demonstrators, order takers and one sales professional in the five dealerships I visited. I was given lots of quotes, shown lots of options and left generally confused and frustrated.

No one, it seemed, really wanted to understand my needs and my financial capabilities. No one wanted to guide me through a process, which would end in a marriage of their product and my needs.

These people weren’t sales people. I suspect that they weren’t particularly well compensated either.

The guy that finally sold me a car started with a detailed conversation about what I wanted, needed and could afford before we ever looked at a car. He earned the business before we ever left his office.

The fellow whose brand I really wanted to buy, and would have bought had he only followed up with me, called a week after I was driving my new car from another dealer. He was shocked! But he hadn’t done his job.

Solve Their Problem. Don’t Be Just an Order Taker

Now, how does this relate to running a growing insurance agency? If the answer’s not obvious then we have a problem!

So, to state the obvious the successful salesperson or sales organization MUST qualify the prospect EVERY time! If you don’t understand your prospect’s needs, desires and capability how can you solve their problems in a creative, compelling way?

The answer is you can’t! All you can do is take an order. That is a valid business model but it isn’t very effective and it is guaranteed to result in mediocrity.

Timely Follow-up is a Must

The other perfectly obvious point is that successful salespeople follow up with prospects on a timely basis. I really wanted to buy a different car. But I had reservations. My objections weren’t very strong and a simple conversation would probably have carried the day. But the order taker didn’t follow up with me in a timely manner and I encountered a sales person before he did.

Look, it isn’t up to the prospect to buy. It’s up to the salesperson to sell!