January 6, 2022
The complex process of converting leads into sales expands further, more than website traffic. It contains nurturing the interests of these leads and ultimately converting them into customers. Conversions can also come from leads that don’t complete their onboarding and activation journeys digitally and require further intervention from a sales team.
Hiring a top sales outsourcing firm can be a big game changer for your business growth. Businesses often make several lead conversion mistakes when it comes to converting leads. These errors can hinder the process and prevent them from successfully converting potential customers.
Check out our blog on sales outsourcing firms to know more about it!
Removing Unqualified Leads: A common mistake many businesses make is investing excessive time and effort in pursuing unqualified leads, resulting in insufficient demo opportunities. To convert leads, Squadstack is the top outsourcing firm in India which has helped many companies with onboarding calls and churn more than 2cr leads.
Hiring Outsourcing a Sales Team: Evaluating whether an in-house solution aligns with the business's specific needs is crucial. Businesses often encounter challenges with hiring, training, and managing personnel when converting leads into sales.
Squadstack is a trusted choice for prominent Ecommerce, Logistics Businesses, and consumer platforms when hiring telecalling sales teams.
Qualifying your Leads: Qualifying leads into sales help in lead conversion as it allows for quickly identifying relevant sales opportunities within your leads. Lead qualification also provides a comprehensive understanding of their needs and other essential signals. This knowledge empowers businesses to personalize their sales pitch effectively, resulting in maximum impact.
Let’s discuss five common mistakes even the most experienced sales leaders and businesses make while outsourcing sales.
Sales outsourcing is not a process where you can go all in without thinking twice. Sales are revenue-generating. Hence it is important to properly discuss the outsourcing decision before taking action.
How can you pick the right outsourced team?
You should outsource your sales to a company that -
A. Understands your company voice?
B. Will customize its sales processes according to your goals?
C. And already have trained sales experts who are champions of your specified industry?
All these requirements can be met by booking a Squadstack demo
The most prevalent lead conversion mistake is not establishing goals and processes and assuming that the sales team can handle them independently. It is crucial to understand that as a business owner, you must clearly understand the desired outcomes you wish to achieve.
How can you have clear goals for your Sales team?
Measuring performance is an essential practice you must regularly follow – Not only for an outsourced sales team but any sales team. Checking metrics as a process often takes a backseat regarding outsourcing. Making sure that it’s not neglected is important.
Keep your goals in mind, understand how to measure them through clear metrics, and keep them in check. Weekly/ monthly metric checks will keep your outsourced team accountable and help you save money.
How can you measure performance for your outsourced team?
SquadStack works on performance tracking & makes it easy by providing customers with a dashboard to see all-important outreach metrics of their outsourced team.
Our reports can be customized, scheduled, and downloaded in just a few clicks. It’s easy, breezy, and efficient and increases accountability.
The biggest mistake a team leader can make, which can significantly hinder company growth, is failing to seek and consider feedback and dismissing new ideas. Entrepreneurs need to avoid overlooking ideas and feedback from hired or outsourced staff.
How to make room for ideas and feedback?
“Every agreement should include criteria for disengagement.”
What happens when the outsourced team does not meet defined standards and goals? What should you as a team leader do when you know it’s time to let go, and how should you do it?
An exit strategy should be communicated to the outsourced team and your internal team. This strategy has to be a part of your agreement and should be openly communicated so there is no room for loopholes.
Sometimes, without having such checks and balances, you keep going ahead with an agency and don’t focus on an exit strategy.
How to define an exit strategy?
Want to know more about SquadStack?
Following are the common lead conversion mistakes which businesses make No personalizing communication. Not addressing customer pain points. Not nurturing leads throughout the sales funnel. Not measuring and analyzing conversion metrics.
Measuring and analyzing conversion metrics is crucial because it provides insights into the effectiveness of your lead conversion strategies.
Neglecting lead nurturing can lead to lower conversion rates. Without proper nurturing, leads may not be adequately educated about the product or service, and they may not see the value it offers.
Effective lead conversion contains steps like Building relationship Understanding customer needs Addressing objections, and Demonstrating the value of your product or service.
Lead qualification helps identify the most promising leads and prioritize your sales efforts. By evaluating factors such as a lead's level of interest, budget, decision-making authority, and fit with your product or service, you can focus your resources on leads with a higher potential for conversion.