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June 21, 2010

Uncovering Gaps in the Sales Conversion Process...
Does the Math Add Up?

We’re fortunate to be in a position to talk to suppliers on just about every subject; finding new clients usually tops the list.  From what we hear, learning providers are most often frustrated by one or more steps of the sales process.  This frustration often leads to “gaps” between what a client needs and what the supplier offers as a solution.

The cost of a lead averages $100 and often is higher
 In today’s market, being able to effectively generate and follow up on leads will keep you in the game, or can take you out if your spending isn’t returning profits.  Ask yourself the following questions: “As someone who works with corporate trainers and is trying to gain new business, am I continually reviewing the cost of lead generation against sales revenues being generated?  Do I have a minimum ROI or opportunity cost associated with lead gen that I am willing to accept?  Do I stick to it?”

Top lead generation techniques that increase sales
Whether you answered “yes” or “no” above, a quick review of best practices is always a good idea.  Below are the top areas to review with your sales and marketing teams on a regular basis:

  • Generating Quality Leads
  • Using Industry Directories to Cultivate Sales-Ready Leads
  • Passing the Leads to Sales
  • Prioritizing Sales Leads
  • Actual Conversion from Pipeline to Sales Revenue
  • Closing the Loop on Leads
Click here for Full Article: Reviewing your Sales Conversion Process
 

Marketing your Training Services: A Supplier Lead Generation Poll

Click here to take our Lead Gen Survey and see what other suppliers are doing.

 

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Guide to Making QuotaFeatured Presentation: Click here to view Sales Quota Guide
(download the report- included in presentation on main slide)

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