How To Use Prospect “Filters” To Improve Sales Quality

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When I started out in business and started to prospect for new clients, I needed leads. Any leads would do. Even if those leads weren’t highly qualified and ready-to-go, it feels better to be talking to prospects, writing proposals and “keeping busy” than it does doing nothing toward getting new clients.

Pretty soon, lead volume picked up substantially, thanks to the Education-Based Marketing approaches that I have written about on many occasions.

But “mindset-wise”, I was still in the “More Leads = Good” space. I started to get busier and busier, not only performing work for the clients that came in, but also processing and selling to new prospects.

This was when I realised that I needed more efficient ways to deliver hot, ready-to-buy leads to my doorstep to drive up conversion rates and spend LESS time selling to non-clients.

One of the strategies for doing this is the use of “Filters” to pick off UN-qualified leads before they enquire. Here are some examples of the kind of filters I tested:

• Price: “your investment will be in the $7,000 - $10,000 range”
• Aspiration: “if you’re just looking to maintain your current operation, this is not for you. Typical clients aim to increase their business by 50 to 100% within 12 months and have the capacity to do so.”
• Service Exclusions: “this service is designed to generate highly-qualified incoming sales leads via your website. We do not make outgoing cold calls, although your own outbound calling operations can fit into this solution seamlessly.”

An example from the finance industry

Several years later, a client in the finance industry was having a small problem with people who were financially unqualified applying for a specific range of products.

Despite clearly stating the main qualifying conditions on the sales page, a number of visitors were applying directly through the contact form. It was starting to occupy a significant portion of the salespeople’s time just to reply to these people.

The solution was to clearly state just above the contact form that the product was only available to customers who already hold equity in their own home. We even highlighted the relevant phrases with the famous yellow highlighter.

It did the trick.

Overnight, the unqualified leads stopped, leaving the client to focus on qualified enquiries.

One more important thing to keep in mind: occasionally when you employ this strategy, you overdo it and qualified leads get cut out of your funnel prematurely. Obviously you need to keep an eye on your metrics to ensure that this strategy had the desired effect.

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