They’ve spoken the words which strike fear into the hearts of salespeople everywhere: “The advertising isn’t working.”
“Tell me more,” says the rep.
“Well, we’re getting a lot of calls – probably more than we’ve ever gotten before. We send our information kit to everyone who calls, but they don’t become students. We’re spending more on printing and postage than ever before, and aren’t getting much to show for it.
“Seems you’re wasting our money by bringing us the wrong people.”
The wrong people. Those would be people who don’t buy.
The advertising plan didn’t account for appealing to the “wrong people.” The plan assumed the right people would respond to the ads.
Radio stations are accused of bringing the wrong people when 200 listeners show up at Mr. Car Dealer’s remote broadcast but don’t buy cars.
The wrong people come to the grocery store and only buy the items featured in the coupon.
And now, you’re telling me the wrong people are picking up the phone and asking the college to send them information?
Why would they bother?
Who has so little to do today that he’s going to pick up the phone and call an institution of higher learning for information he doesn’t need or want?
The “wrong people” are common to nearly all businesses.
In the on-line world we refer to this as the “bounce rate” – the percentage of people who followed the link to your website and immediately changed their mind and went away. Its funny, but the conventional on-line wisdom doesn’t blame the advertising for bringing the wrong people, it INCREASES the advertising to get more people to the site.
Bricks and mortar stores? A recent study indicates that 81 percent of the people who enter such a store will leave without buying anything. What do they say when a salesperson approaches them? “No, thanks. I’m just looking.”
In both the real world and the virtual world, people are pressed for time. They don’t just go wandering around your store to alleviate boredom. They don’t enter your web store just to kill time. They don’t pick up the phone and call your 800 number out of indifference.
They’re never just looking.
They’re looking for something specific. They’re leaving because they didn’t find it – at least not the quality they demand or at a price they’re willing to pay. If they thought they’d found it, they’d have bought.
Stop blaming the advertising plan.
Your advertising isn’t bringing the wrong people. Your sales process is failing to convert them into buyers.
Its time to examine your sales process.
Begin by determining what your customers are seeking when they make contact. Then look for any impediment to prevent them from purchasing. Anticipate their questions and answer them in the way that makes them most comfortable buying from you.