Tip of the week: Converting sales that fall into your lap

1 August 2003
| By External |

You’re sitting there working, minding your own business, when someone calls, seemingly out of the blue.

The prospect seems to virtually ask you for your services. Your immediate temptation is to try to close the sale right away.

Who wouldn’t be jumping for joy and grabbing a pen as quick as a wink?

Here’s a tip. Don't.

If you really want to get the business, take a deep breath, count to 10 and follow these three simple steps:

1. Back off and establish some kind of relationship.

Exchange a few pleasantries. Get a feeling for the type of person who has just called you.

2. Find out what is going on.

The situation might not be what it first appears to be. Establish your surroundings and get the information. It might be too early to try to close.

3. Ask to set up an in-person appointment.

It usually pays to establish the kind of personal bond that comes as the result of face-to-face contact.

By resisting the temptation to immediately close what appears to be an easy sale, you will convert a larger number of those prospects into paying customers in the long run.

Tip supplied by Debbie Mayo-Smith of Successful Internet Strategieswww.cleveremailing.com

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

6 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

6 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

8 months 1 week ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 weeks 6 days ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 5 days ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

2 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
3