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I've always heard that 80% of sales are made on the 5th-12th contact, and I share this fact on page 27 of my book. Almost 48% of salespeople never even call a prospect back, which is crazy! Why even gather leads if you're not following up on them? Only 10% of salespeople make more than three contacts. Some of these statistics are pretty mind-blowing.
Online leads tend to be people who have just started the process, so you'll only convert about 15% of them. The other 80% tend to be nurture leads for later on. It's important not to forget to contact these leads in the following months because otherwise you're just losing leads.
When calling prospects, shoot to contact them in between 8-9 a.m. and 4-6 p.m. It's important to call your leads as soon as you get them, because the longer you wait, the less likely you are to call the lead back.
Don't give up on leads too early because you paid good money for them. If you have any more questions on the most effective lead conversion strategies, please don't hesitate to contact me. I look forward to hearing from you!

Great information Willie! The problem I run into with online leads is that I do not have a phone number and lead has only provided an email. Would you consider that any lead generating ads I do that I make it mandatory to provide a phone number when requesting information? Thank you and I appreciate all the knowledge you share.
ReplyDeleteI agree that you will receive more phone numbers when making that field mandatory. I can also guarantee that some of those numbers will be bogus. A valid email is usually what you have to work with and I would follow up with them that way. Keep the emails short just like you would do if emailing a friend. Good luck and great question!
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