Qualifying questions you need to be asking your leads
Some great relationships come together purely through good timing, particularly when it comes to sales. However, connecting with prospects through qualifying those leads yourself is important to ensure that you meet them at the right stage of the buying process. Connect too early and they won’t be ready to buy; too late and they may have moved on to another competitor.
This means that asking the right questions, getting feedback and developing a relationship through communication is important to make sure you’re on the right path when your leads are ready to buy. The following questions are helpful in determining where your prospects are and how you can best communicate with them.
How did you hear about us?
Your sales leads will, and should, be reaching you from a range of different sources. In fact, buyers typically seek out five different sources of information before they make a decision on a product, vendor or service. Whether it’s through social media a webinar you hosted or a referral, there are various popular ways to make yourself known to a prospect.
Understanding how the prospect found you can benefit your business greatly in knowing the best routes for attracting new leads in the future. This information will help you leverage that relationship to convince them to convert and, if they found you through a more traditional lead generation source, you can gain a better understanding of what elements of your brand.
What attracted you to our brand?
This question helps you to find the characteristics or qualities that made you stand out to the prospect in the first place, from your unique branding to your pricing. These factors can help you to understand where your leads’ priorities lie and can provide you with a focus angle when you’re communicating with them.
Let’s say, for example, that pricing is what attracted them to your brand – if the price is an issue, this suggests that they’re probably keeping to a tight budget, so you can focus any future conversations with them around this. It’s this type of personalized approach that helps to convert leads and ensures the prospect feels like they’re being taken care of.
What results are you looking to achieve?
Whilst knowing your prospects’ challenges is a good starting point, digging deeper into the results they’re looking to achieve will help you to pitch more effectively. For example, if increasing revenue is the goal for your prospect, you might launch a pitch about how your solution would save them time, but this could be premature. Instead, by asking the right questions early on, you may learn that time-saving isn’t an important factor to them but rather they want to increase revenue through more effective advertising, which is a whole different conversation and changes the dynamic of your communication entirely.
Do you have a budget in place for fixing this problem?
Whilst money isn’t everything, it plays a big part in whether a prospect is worth pursuing or not. This question is important early on as it’s better to have this information sooner rather than later. The specifics of the budget don’t matter as much as knowing whether your pricing strategy and your prospects ability to meet it are in the same area.