Why Follow Up With Your Network Marketing Prospects?
You take the time to make a contact with someone to share your product and/or opportunity with them. Why is it important to follow them up?
All I need to know if I don’t follow up with my prospect it’s a total waste of my time and their time. If you need more facts as to why you should then the figures below from the US National Sales Executive Association, will surely galvinise your actions
US National Sales Executive Association Statistics
2% of sales are made on the 1st contact (44% give up after the 1st contact)
3% of sales are made on the 2nd contact (22% more give up after 2 contacts – 66% so far)
5% of sales are made on the 3rd contact (16% more give up after 3 contacts)
10% of sales are made on the 4th contact (10% more give up after 4 contacts – 92% so far)
80% of sales are made on the 5th-12th contact ONLY 8% make it to contact #5
CONTACT #5 IS WHERE 80% OR MORE OF SALES AND
BUSINESS RELATIONSHIPS ARE MADE!!!
Incredibly 92% have given up at 4 contacts or less !!
Yes, you read that correctly. 4 out of 5 sales are made after the prospect has been contacted at least 5 times.
Its not that they don’t want to buy your product or join you, they may not be ready.
This doesn’t mean you hassle them, just remind them that the opportunity exists.
Simon Smith
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