5 Free Ways to Instantly Generate Hot Qualified Leads

5 Free Ways to Instantly Generate Hot Qualified Leads #228

The one plea I hear over and over is “Pat! I NEED more leads! I’ve run out of people to talk to!” It’s painful to have a great offer and nobody knows about it. What’s a seller to do? In this episode I’d like to share a strategy on how to instantly generate hot qualified leads.

By qualified  I mean people who have a genuine need or desire for your product or service. By hot I mean people who once they see your product, they  immediately see the value and can’t wait to become a paying customer today.

Follow this strategy  and you will be talking to REAL prospects instantly. I’ve also included few tips and tactics to kick this strategy off. Let’s find some leads!

The Strategy

The Strategy for generating hot qualified leads  has two goals:

Sounds simple, right? People are inundated with pitches, offers, and can’t miss deals. It’s difficult to discern whose honest and who’s not. To turn a stranger into a friend, you’ve got to  build trust and that takes time. Trust demands a certain level of friendship. To find new friends we’ll leverage your value proposition to discover places rich with your ideal prospective clients 

5 Free Lead Generation Tactics

Here are 5 ways to discover and uncover new qualified leads. You may be familiar with some of these. But have you tried them all? Depending on the industry, some may work better than others. Find what works best for your situation.

In Person Networking

Meeting someone in person is the premiere way to connect and instantly build a relationship. Common channels to meet people  are:

  • Attend live meetings posted in Meetup.com 
  • Subscribe to shared forums in social media and join the conversation.  
  • Most of the people you meet are not qualified to be your customers. But once you get to know them, they may know people who are a good fit. Treat EVERYONE like they’re an opportunity.  
  • Attend trade shows.   You can meet people a couple ways. One is exhibiting at a booth to collect leads or another is to attend as a guest and finding clients among the attendees and exhibitors. That’s right, depending on your business, exhibitors might be great prospects.
  • Get scheduled at as a guest speaker. Do not sell or pitch your product or service during the presentation. Talk about issues that surround the pains and desires your offer addresses. At the end of the presentation tell them you’ve barely scratched the surface and you have more to share. People will reach out and connect. Through your networking introduce yourself to the host. They are always looking for new content.

Direct Outreach:

 Reach out to people you’ve never met with cold emails, cold phone calls, cold LinkedIn mail, or direct message tweets. Use the Get-To-Know-You process (see below) to slowly build rapport and convert into a conversation.

Referrals

Ask people you know to introduce you to friends who might find value in your offer. Do this on a regular basis twice a year. Most will not know anyone, but every so often you will get a great lead. People want to help, don’t be shy, ask. Heck, they may be interested themselves. 

Content Marketing

Write a dozen great articles (in my case podcasts) that give value to prospective customers. Writing will help you better understand the value of your offer and clarify your thoughts. The goal is to be persuasive and have the reader take action. This content will be used for multiple purposes. Post them on social media, share to your email list, make it a free give away (called a lead magnet) on your website.

Website

Have a prominent signup form to gather emails on your web page. Give away something free (see above) and place the people on your email list, Make sure all the branding on your brochures and ads match the website. Don’t confuse people. The goal is to have the visitor take action and sign up. Since they took the initiative to signup, you know for certain they are a qualified lead. Have all sign ups forwarded to you. This is all dependent on making your website search engine optimized (SEO)

The Get-To-Know-You Process

The primary goal of sales is to turn strangers into friends and friends into customers. Rapport is a state where two people profoundly understand each other’s feelings and ideas. This is the ideal situation for any seller. Building rapport is a process that takes time.  The Get-To-Know-You process slowly builds trust and a relationship with the strangers you meet. You are in search to discover if they are indeed a qualified lead. Follow the steps patiently and in order.  

  1. Introduce yourself without pitching (in person, social media or on the phone)
  2. Ask them about them  (challenges, problems, hopes, dreams starting with small talk)
  3. Listen carefully and search to see if they have a problem/desire you solve
  4. Agree to connect online via social media or email or if in person exchange business cards and shake hands goodbye. Wait.
  5. Connect online, share some advice you believe will add value to their business (or life). Wait. Don’t be pushy. 
  6. Ask if they enjoyed the content you shared. Wait.
  7. Set up an appointment to chat about their problems and challenges.

The target  of this Get-To-Know-You process is to first schedule an appointment and second get them to show up. This is the most difficult part of a sale. If your prospect is qualified AND they understand the value of your product they will agree to meet. This process takes time.  Steps may be added or removed depending if you’re working online or offline.

If they see the value of your offer they will buy. If not ask them why they don’t see the value. In either case you will learn something that will help you in the next deal.

The Follow Up

It’s easy for people to forget you. You don’t want your hard earned qualified leads to go stale. You must follow up, at least 8 times.  Create an email campaign that sends reminders and interesting articles every so often. This can be automated but make the emails look simple as if you just typed them.

The Commitment

Look at the above process and channels and set a few  weekly/daily goals to prospect. If you set aside time to attend meetings, or meet people on LinkedIn, you will soon find yourself in many conversations. From the those conversations you will find qualified prospects or people who know prospective customers. In either case it’s about building rapport, trust and relationships that are mutually beneficial. Start small and with time bump up the challenge.

The Secret

A few years ago I was doing business development for a SaaS startup that had a killer app. It far exceeded the competition but we had tiny sales. We had this great product but nobody knew about it. It was a secret. Eventually the secret got out and we dominated the market. We did it by using this strategy of turning strangers into friends and friends into customers. You can too.

Value Propositions That Sell with Lisa Dennis #227

Lisa Dennis Sales Training Value Prop Expert

Lisa Dennis Sales Training Value Prop ExpertValue Propositions That Sell with Lisa Dennis #227

In this episode Lisa Dennis returns to discuss her new book, Value Propositions That Sell. Lisa is an  industry expert who provides  strategies and tactics for marketing and sales organizations. She’s particularly gifted at  ensuring the messages broadcast by marketing and sales are consistent,  relevant, and speak directly and authentically to customers.  Lisa has  a process she uses to construct a value proposition and her new book discusses how to turn your message into a magnet that attracts buyers.

Why Value Propositions?

Most sellers talk about the features and benefits of their products and services. But that’s not enough. They don’t talk about the relevance of their products to the market. Why is this important? The internet makes it easy to get your message to anyone around the world. But it’s getting harder rise above the noise and be recognized. The goal is to promote a message where the prospects says “oh yeah, that’s me.”  That’s the power of relevance.

 What is a Value Proposition?

There are two parts to a value proposition according to Lisa Dennis:

  1. It first states the buyers needs, challenges, and goals.
  2. Next it states that the seller understands the prospects challenges and goals. It then connects an offer to that understanding. Lastly it share why their offer is better than the rest.

A format she recommends includes:

  • Statement  of buyer objectives.
  • Statement of offer in context of the prospects objectives. Again it must be relevant.
  • Differentiation  statements including 1 or 2 things unique to the sellers offering AND proof it’s true. The goal is to sound different and stand out.
  • Backing it up – one or two customer testimonials, industry quotes, and case studies as proof.

Value Proposition Outcomes

From the value proposition you can build a:

  • pitch,
  • tag line,
  • extended message ,
  • blog posts with value drivers,
  • discovery questions,
  • sales presentations,
  • marketing content.

A value proposition provides a solid consistent foundation for all your selling. It does this by providing the value drivers, quantification of value and proof.  Lisa recommends interviews to build your value proposition. Start by interviewing the market. Then interview internally within the company, employees who face the customer (sales and support).

How to Find Lisa Dennis

You can find Lisa at the following links:

On social media find Lisa here:

You can sign up here to get on her book launch email list http://www.valueproposition.expert/book

Value Proposition Episodes

Here are past episodes that discuss the power of value propositions. Enjoy!

White Collar Warrior with Bill Hart #226

Bill Hart Sales Babble

Bill Hart Sales BabbleWhite Collar Warrior with Bill Hart #226

In this episode I interview  Bill Hart, author of the book White Collar Warrior: Lessons for Sales Professionals from America’s Military Elite.   Bill is a real estate expert and business coach who interviewed some of the best and brightest Army Rangers and Navy SEALS.  My son Captain John Helmers is attempting Ranger School for a second time in August 2018.  It’s a great time to look into these elite military schools and see what business professionals can learn from them.

It’s About the Mentality

Ranger school requires amazing physical ability. But it’s not about athletism. It’s about the mentality. You can’t wing Ranger  and Navy Seal schools. Yet so often sellers wing each sales call. Here are the seven characteristics Bill found common among the military elite:

  1. Training – they keep working on their craft and improving their skills.
  2. Discipline – they commit to their goals and responsibilities. They create habits that ensure daily success.
  3. Fear – in sales it’s call reluctance. Fear tells you this is important. Let the results overcome your fear.
  4. Planning – they plan for success and failure. For sellers, business planning is a must, getting organized in a methodical manner
  5. Failure – learn from your failures, “Failure, the greatest teacher is” – Yoda
  6. Motivation – know why you’re doing what you’re doing. WHY ARE YOU DOING THIS?
  7. Team – can’t be a lone wolf. You have others who can help you leverage success.

Remember this Discipline equals freedom!

How To Find Bill Hart

This is Bill’s website https://www.coachbillhart.com/

For a leaders guide, reader guide, and book summary go to www.whitecollarwarriorbook.com

His book White Collar Warrior: Lessons for Sales Professionals from America’s Military Elite.

Selling Mindset

We have many past episodes on the selling mindset. Enjoy!

Making Sales in Startups with Sean Higgins #225

Sean Higgins Sales Babble

Sean Higgins Sales BabbleMaking Sales in Startups with Sean Higgins #225

Sean Higgins is a Residence at Techstars and founder of ilos where he led sales from 0-1Million+ in annual recurring revenue. Sean specializes in helping new companies use outbound sales tactics. The goal is to validate product-market fit and get early traction in the selling process. In this episode we talk about making sales in startups.  Get those first 10 customers today.

Solve a Problem

Ideas are cheap so what’s really needed is problem solving. Successful startups keep this in mind. Sean believes entrepreneurs should address the hardest problem in the room and keep at it.  Too often startups mistakenly focus on hyper viral growth. Most business don’t work that way. Better to find a group of customers that you can serve and grow gradually.

Yes you need to have a long term vision. But focus on what makes your business better NOW.  There are two types of businesses:

  • Traction Based Company – have $10K month revenue
  • Team Based Company – pre revenue raising dependent on a quality proven team

Success is more likely if you validate a business with recurring revenue. VC fund companies who are proven winners. 0-10 customers is where you coalesce your ideas: the value proposition, the pitch, biggest pain points and how you fit in that situation.

Big 3 Questions

Sean has three questions sellers should ask and answer:

Why anything? Explain why your category matters and why prospects should consider a new solution.
Why us? – Explain why people should pick your company. Every founder has an origin story. The story tells why they built the business  and how they differentiate. Tell stories.
Why now? – This is the most difficult challenge for startups. Motivate prospects to buy now by showing how you address a real problem instantly.

When To Pivot

The way to know when it’s time to pivot is to have as many conversations as possible. If there is no interest, you’re chasing failure. Pivot! A pipeline without closed sales is not for real. There are two tiers of sales:

  • 0-10 it’s all about discovery
  • 10-100 – it’s about sales automation, social selling, process and tools.

Connect with as many prospects as you can and ask: why anything, why us, and why now. If people don’t get what you’re saying, you’re not explaining your category, your company, or your value.

Sales Automation Tactic:  FunnelAI social media data scraper for finding leads. It creates the leads when companies share they are being challenged and under stress.

Warning: when content marketing, give 5 contents of value before asking for a sale.

How to Find Sean Higgins

The promo code: SALESBABBLE

Entrepreneurial Mindset

Here are other past episodes digging deeper into startup sales.

The Index Card Business Plan with Brian Margolis #224

Brian Margolis Sales Babble

Brian Margolis Sales BabbleThe Index Card Business Plan with Brian Margolis #224

In this episode we meet Brian Margolis, author of the “The Index Card Business Plan For Sales Pros and Entrepreneurs”.  The natural order of life and business moves from the simple to the complex. Yet at the same time big advances in science are the simplest of answers. You too can simplify and advance your business. Brian walks us through his business Chaplanning process with only a set of recipe cards!

Have a Strategy

If you had a completely free day, what would you work on today? If you’re unsure  you don’t have a business strategy. Let’s get one and build a process that ensures results. Stop procrastinating.

Characteristics of Pillars on the Index Card

Brians process is based on a set of pillars. Pillars are activities when executed consistently have a diproportionate postive effect on your business. When you execute your pillars, in a week you will see results.

Examples of Pillars:

  1. Proactivity
  2. High leverage activity
  3. Action or predictable result
  4. Something you already know how to do
  5. You can measure it weekly
  6. It’s not already a habit

Example Pillars for one client…

  1. Schedule certain number of meetings
  2. Send 5 non-sale touches to existing clients
  3. 2 hours a week sharpeing the axe
  4. Worked out 3 times a week.

Brian’s Pillar

  • Prospect and message 3 hours a week (uses a spreadsheet)

How To Find Brian Margolis

Twitter @prodgiant
LinkedIn www.linkedin.com/in/margolisbrian
Go to the website for a worksheet for the book and see the first chapter

Honesty Sells with Colleen Francis #223

Colleen Francis Sales Babble

Colleen Francis Sales BabbleHonesty Sells with Colleen Francis #223

Colleen Francis is the Founder and President of Engage Selling Solutions and the author of Nonstop Sales Boom and Honesty SellsColleen is a successful sales leader for over 20 years, well versed on the challenges of selling in today’s market. She is a Certified Sales Professional (C.S.P.) and an inductee into the Speaking Hall of Fame.  In this episode we discuss the necessity of honest selling and advice on how sellers can build trust with transparency.

What Makes for Honesty Sells

  1. Trust is built on honoring your word in all you do. Keeping promises matters.
  2. Prove honesty through voice mail e.g., promise you will call them back at a set time, then do it
  3. If you made a promise and have no news, make the call and share you have no news
  4. Customer experience is the key differentiator
  5. Have a culture of honesty in your organization. It will spread to your client interactions.
  6. Always apologize when you make an error. Coddle them with kindness. Own it.
  7. The top performers (upper 10%) have a culture of honesty.
  8. Don’t over promise and under deliver
  9. Don’t under promise and over deliver
  10. Honor your word

Take Action Advice

Make sure you’re creating an open transparent organization, both inside a team and outside of the team. Next make sure the sales team starts telling customers exactly what they are going to do, then doing it. Meet your committments!

How To Find Colleen Francis

Books Mentioned 

Nonstop Sales Boom and Honesty Sells

Consultative Selling

Here are some previous episodes on the power of honest selling.

 

 

The Transparency Sale Part 2 with Todd Caponi #222

Todd Caponi Sales Babble

Todd Caponi Sales BabbleThe Transparency Sale Part 2 with Todd Caponi #222

This is the second of a two part series interviewing Todd Caponi, the former Chief Revenue Officer at Chicago’s PowerReviews. Todd is in the process of authoring a new book titled “The Transparency Sale”. This book is in response to the changing influence of social media in selling and the failure of former challenger sale strategies. Todd has held leadership roles with three tech companies, including ExactTarget, where he helped the organization to a successful IPO and a $2.7B exit to Salesforce.com.

Reality of Decision Making

Customer decisions are filled with imperfection, tied to subconcious decision making and feeling. People make decisions with feelings and back them up with logic. Sellers who understand this fact quickly learn to focus on feelings first to snag interest and then generate desire.

Negotiation Strategy

Negotiating policy commonly recommends holding your cards close. Todd disagrees. Play your cards immediately at the start of the negotiation. Consider the following values and leveraging them for discounts.

  • How much you buy
  • How fast you pay
  • How long you commit
  • When you sign

Discounts are based on what you’re willing to agree. Each buyer can optimize their deal by applying the levers in tandem. This is a very tranparent way to negotiate. Never use any one lever by itself.

Presentation Mistakes

Consider the thinking of the audience attending your sales presentation:

  1. Ugh I don’t want to go
  2. I hope they can help my problems today
  3. Ugh they are only talking about themselves (First three slides talk about the vendor)
  4. I think I’ll check my Facebook account and see what my friends are doing

Have empathy for the people you’re talking to. Start with their problems and find out their challenges. Provide no NASCAR slides showing what a great vendor you are, Nobody cares. What they want to know is HOW you can help THEM.

Transparent Contracts

If you have terms and conditions in a contract, lead with transparency. Point out sections in the contract where some customers have had an issue. It’s very honest to call these out. This will speed up the signing the contract. If you hide stuff it chips away at trust e.g. auto renewal (explain the value to your company honestly).

Parting Thoughts

We can no longer be bartenders and serve people what ever they want. The Challenger Sale recommended  we become personal trainers with advice on how to be better. Now we need to be doctors and neuro scientists to understand root causes. Lead with transparency.

How To Connect With Todd Caponi

Books Mentioned:

  • The Transparency Sale is slated to be published in Fall 2018

The Power of Social Selling

Here are some previous episodes on the power of social selling.

The Transparency Sale with Todd Caponi #221

Todd Caponi Sales Babble

Todd Caponi Sales BabbleThe Transparency Sale with Todd

Caponi #221

Todd Caponi Is the former Chief Revenue Officer at Chicago’s PowerReviews. Todd is in the process of authoring a new book titled “The Transparency Sale”. This book is in response to the changing influence of social media in selling and the failure of former challenger sale strategies. Todd has held leadership roles with three tech companies, including ExactTarget, where he helped the organization to a successful IPO and a $2.7B exit to Salesforce.com.

Challenger Sale No Longer Effective

There is a false narrative that consumers have all they need online to make buying decisions. Sellers still have tremendous value adding insight and help to enable the purchase at the end.

The Challenger Sale  teaches the following:

  • Recommends sellers to provide insights and challenge prospects thinking
  • Demands sellers to become industry experts
  • Challenges buyers to think a different way but……

Due to Social  Media, sellers need to be on top of what buyers are saying about them. Now there is a need to add transparency sale processes.

Social Media in Sales

Sellers must look at feedback from social media and control that conversation. Sellers must be awake to what’s being said about their companies, products and services. The Internet provides a feedback economy. Control the feedback

Take Power Reviews finding:

  • People read reviews first
  • Sales goes up for reviews at 4.2-4.5 ranking
  • Sell as if your NOT perfect. You can’t be FUD’d (Fear Uncertainty and Doubt) with transparency
  • Sellers need to sell as they are NOT perfect.

Neural science is starting to get applied to sales. People make buying decisions with feelings, then back it up with logic. Sales process is too focused on the close. Should be focused on the opportunities of buyers to lose interest and regain momentum. When buyers reach 100% trust, they stop asking for more information. When buyers don’t trust and keep searching, deals never close.

Email Take Action Tactic

Create a feeling with an email subject line then the first few sentences.   Don’t say I and Me but You.   Your email needs to speak specifically to the reader. It must be short. Think Twitter!  Have an easy link for more information below your signature.

How To Connect With Todd Caponi

Books Mentioned:

The Power of Social Selling

Here are some previous episodes on the power of social selling.

Leadsology with Tom Poland #220

Leadsology – Science of Being in Demand with Tom Poland #220

Today we meet Tom Poland the author of the #1 international best selling book Leadsology®: The Science of Being in Demand. Tom shares the process he uses to get prospects to self select and qualify themselves. We talk about simple marketing techniques, sales professionals can use to find great prospects.

For Tom a highly qualified lead is someone who

  1. Searches and finds your link,
  2. Knows your fee/pricing,
  3. Books a sales call,
  4. Views you as the only (or small set) legitimate choice(s).

These KPIs (Key Performance Indicators) are most indicitive of sales conversion rates (for Tom typically 50%).  The trick is to filter out unqualified leads prior to the meeting. Prospects self select.

Creating an Experience

The marketing experiences of the prospect includes:

  • Preselection – only prospects with a set demographic criteria that self select via content marketing
  • Lead Magnet – could be some information of value, commonly a pdf worksheet, essay, or maybe a webinar or live event. He calls this a “honey pot”.
  • A buyer is the intersection of an Ideal Client and a Marketing Message (Value Proposition)

Other Peoples Networks

Leadsology is dependent on the process of leverageing other people’s networks:

  • Find people with similar, but not exact clients
  • Get introduced because it’s free easy fast and simple
  • For partnerships you need: Rapport Respect Relatability Reciprocity 
  • Build networks by sharing your networks.

Take Action Advice

  1. Do some marketing!   Anything!   Don’t wait to be discovered.
  2. Do the Five Day Lead Challenge
  3. Purchase the domain BookachatwithYOURNAME.com to make it easy for people to book a meeting.

How To Find Tom Poland

Tom can be found all over the internet:

Click here to get the #1 international best selling book “Leadsology®: The Science of Being In Demand”

Lead Generation Strategies

Here are past episodes on lead gen. Enjoy!

Blizt Episode: Learning a Sales Language

Pat Helmers Sales Babble

Pat Helmers Sales Babble

Blizt Episode: Learning a Sales Language

 

In this short podcast Pat will share some selling thoughts based on recent work with clients. This episode is a “blitz” with advice for new sellers or seasoned sellers of new products and services on the necessity of learning your prospects sales language.

​A common Startup Challenge is to get Beta customers to convert into paying clients. Often times sellers wonder “How do I sell? What do I say? How do I close them?” This is a case of putting the cart before the horse. Sellers fail to deeply understand their market and learn the sales language before selling.

This comes with Practice. To become the teacher takes work and empathizing with customer’s needs, wants, and desires. When the time comes, sellers show a path of success. All this work is focused on prospect, in the prospect’s language.

Finding a Market

Brainstorm exercise 50 verticle market niches. Next align with pros and cons. Then pick 10 that look like a possible fit. Next market research companies in the niche. Ask people in those companies:

  • What’s their challenge
  • What’s the impediment to that challenge
  • What’s the cost of failure – Revenue, Profit, Time, Quality, Frustration, others
  • What’s the opportunity if the challenge is met

Discovery conversations will soon convert the interview into a sales call. Dont foolishly focus on your tech, your commisions and your end of quarter quotas. Do the work and the latter concerns will vanish.

Message of the Day

Take time to focus on a niche. Learn their language and let them guide your solution. Be like a mouse in a maze, finding dead end after dead end. Try and try again and eventually, like the mouse, you will find the cheese. Tenacity will get you there.

Entrepreneurial Mindset

Listen here for past episodes regarding the entrepreneurial mindset: