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Friday, July 12, 2013

IS THE SALE LOST, OR ARE THEY JUST BUSY?

Many times you’ve done a great job during your first call with a prospect.  You’ve identified a real need, and they’ve agreed on a date and time for a second call.  

Then the prospect fails to show up.

So an email goes out, and a follow up phone call, in hopes of rescheduling.  This was a buyer, not a tire kicker in need of brochures.  Sending them a whitepaper at this point is, well, pointless.

What do you do?

a) Persistent patience.  
   There are all kinds of reasons for a no-show.  Illness.  Vacation.  Week-long trainings.  Sudden change in priorities (your prospect is in a large company and has finally found a window to solve a nagging problem, but now his boss comes in and closes that window, reassigning him to a different task).
   Try reaching out at different times, using different methods.  Check with his colleagues, at the same level on the org chart; below that level; or if necessary, above.  And if that feels uncomfortable, enlist your manager as a wingman for this task.
    
   After several failed attempts, I’ve sometimes sent an email with this subject line:  Are We Done?  It regularly gets some kind of a reply.  

  The goal here is not to keep up appearances by sending this person relevant content every week.   You need to find out why the agreed next step is not happening, and whether this opportunity really exists, and what the real timeline is.  

b) Re-check your qualification
   Even though the prospect agreed to call #2, it could be that their actual timeline is far different than you thought.  Their disappearing act could be a version of “the check’s in the mail.”   Rather than rejecting you directly, they found it easier to talk at length and schedule a meeting they viewed as optional.  

  In some cultures, this is a way of “saving face.”   For example, in Japan, you may never hear “no”; you will simply hear a lot of “yes” that does not materialize.   

 When people don’t show up, you may have identified a serious need, but no real timeline, i.e,. the buyer has no commitment to do something about the need near-term.

Sometimes buyers will tell you this in the first call.  Just be sure you are listening!  Don’t let a screaming need cloud your other senses.

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