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	<title>Mad Marketing Blog &#187; Direct Marketing</title>
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	<link>http://www.madmarketing.co.za</link>
	<description>Internet Marketing &#38; Small Business Blog</description>
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		<title>Part 3 : Converting More Leads To Customers</title>
		<link>http://www.madmarketing.co.za/60/part-3-converting-more-leads-to-customers/</link>
		<comments>http://www.madmarketing.co.za/60/part-3-converting-more-leads-to-customers/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 10:22:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Small Business Marketing]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Amp]]></category>
		<category><![CDATA[Cost Effective]]></category>
		<category><![CDATA[Direct Marketing]]></category>
		<category><![CDATA[Focus]]></category>
		<category><![CDATA[Generation Sources]]></category>
		<category><![CDATA[How To Grow Your Business]]></category>
		<category><![CDATA[Incoming Call]]></category>
		<category><![CDATA[Lead Generation]]></category>
		<category><![CDATA[Lifetime Value]]></category>
		<category><![CDATA[Marketing Plan]]></category>
		<category><![CDATA[New Customers]]></category>
		<category><![CDATA[New Leads]]></category>
		<category><![CDATA[Number 1]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Prospects]]></category>
		<category><![CDATA[Referrals]]></category>
		<category><![CDATA[Sales Funnel]]></category>

		<guid isPermaLink="false">http://www.madmarketing.co.za/?p=60</guid>
		<description><![CDATA[In this part we focus on the third topic on how to grow your business and increase your sales.
So far we have gone over how to increase the lifetime value of each customer by increasing the number of purchases (part 1) and then we discussed increasing the value of each sale (part 2)
Part 1 and [...]]]></description>
			<content:encoded><![CDATA[<p>In this part we focus on the third topic on how to grow your business and increase your sales.</p>
<p>So far we have gone over how to increase the lifetime value of each customer by increasing the number of purchases (part 1) and then we discussed increasing the value of each sale (part 2)</p>
<p>Part 1 and 2 focused on great cost effective ways to leverage your existing business to increase your profits and I hope you got some great ideas already, but more importantly, I hope you have <strong>taken action</strong> on what you have learned so far.</p>
<p>Part 3 will be looking at leveraging existing lead generation sources such as advertising or referrals, direct marketing etc (don’t worry, well discuss those in part 4) and increasing the number of sales you get from existing leads.</p>
<p>You may have wondered previously why generating more leads has been the last section we discuss and the simple reason behind this is that generating new leads and prospects is the most expensive and time consuming activity in your marketing plan.</p>
<p>Additionally there is much less value in generating new leads if you have no back end sales funnel to generate additional sales from these new customers, no sale value increasing strategies in place to maximize the value of each sale, and lastly, no optimized sales process to maximize the percentage of new leads which convert to sales.</p>
<p>You see, once you have the first 3 steps implemented &amp; optimized you will have much more leverage and power when it comes to lead generation, since you will be able to spend much more on advertising and other lead sources simply because you now make much more revenue per new customer than ever before!</p>
<p>So, let’s begin with your incoming call script.<!-- odiogo-notts-begin -->
<div id="relatedposts">
<h4>Related Blogs</h4>
<ul class="pc_pingback">
<li class="hdl" style="list-style: none">Related Blogs on <b>Part 3 : Converting More Leads To Customers</b></li>
</ul>
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		<item>
		<title>My Small Business Marketing Short Course</title>
		<link>http://www.madmarketing.co.za/25/my-small-business-marketing-short-course/</link>
		<comments>http://www.madmarketing.co.za/25/my-small-business-marketing-short-course/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 11:31:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Small Business Marketing]]></category>
		<category><![CDATA[Coffee Mugs]]></category>
		<category><![CDATA[Current Advertising]]></category>
		<category><![CDATA[Direct Marketing]]></category>
		<category><![CDATA[Existing Customers]]></category>
		<category><![CDATA[Few Days]]></category>
		<category><![CDATA[Fliers]]></category>
		<category><![CDATA[Generation Sources]]></category>
		<category><![CDATA[Lead Generation]]></category>
		<category><![CDATA[Leverages]]></category>
		<category><![CDATA[Marketing Course]]></category>
		<category><![CDATA[Measurable Results]]></category>
		<category><![CDATA[Minimal Increase]]></category>
		<category><![CDATA[Profitable Business]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Prospects]]></category>
		<category><![CDATA[Revenue Generated From]]></category>
		<category><![CDATA[Sad Thing]]></category>
		<category><![CDATA[Small Business Owners]]></category>
		<category><![CDATA[Well Known Fact]]></category>

		<guid isPermaLink="false">http://www.madmarketing.co.za/?p=25</guid>
		<description><![CDATA[Over the next few days I will be posting a fundamentals of small business marketing course that explores all the &#8220;must know&#8221; aspects of direct marketing that you can implement right now to grow your business.
The sad thing is that most small business owners simply don&#8217;t understand most of these strategies and many even think [...]]]></description>
			<content:encoded><![CDATA[<p>Over the next few days I will be posting a fundamentals of small business marketing course that explores all the &#8220;must know&#8221; aspects of direct marketing that you can implement right now to grow your business.</p>
<p>The sad thing is that most small business owners simply don&#8217;t understand most of these strategies and many even think of marketing as handing out fliers or branding coffee mugs.</p>
<p>In so many cases understanding these fundamentals can be the difference between running a successful profitable business or failing miserably.</p>
<p>This course will contain easy to understand actions you can implement to obtain measurable results in your business, so I implore you to read through it all carefully and TAKE ACTION by implementing these steps.</p>
<p>The course is broken up into 4 parts, which, incidentally, are the only 4 ways you can possibly grow your business:</p>
<p>1. Generate more sales from existing customers<br />
2. Increase the value of each sale<br />
3. Convert more leads to customers<br />
4. Generate more leads</p>
<p>We begin with part 1 which covers leveraging your existing business to increase revenue generated from existing customers.</p>
<p>Its a well known fact that it can be up to 10 times easier selling to existing customers or those that have purchased from you before, then it is to obtain a new customer.</p>
<p>This means that the fastest way to grow your business and increase revenue right now is to focus on generating additional sales from existing customers.</p>
<p>In part 2 we focus on increasing the value of each sale. By doing this we attempt to get prospects who have already decided to buy from us, to spend more then they may originally have intended.</p>
<p>Part 3 focuses on converting more existing leads into customers. This leverages existing lead generation sources such as your current advertising, and attempts to convert as many of these leads into paying customers as possible.</p>
<p>By doing this we generate more sales and profits with a minimal increase in marketing expense.</p>
<p>Lastly we look at generating more leads for our business.</p>
<p>You will see that our initial focus is maximizing our return on current business, customers and marketing spend, before we invest any additional spend in generating more leads.</p>
<p>This allow you to easily increase revenue sometimes up to 100% without spending a single cent more on lead generation then you are spending right now.</p>
<p>This also means there is no longer any excuse to not implement these steps right away, since most of them can be done with only time invested, and not cash.</p>
<p>Now, before we begin with Part 1, we need to first take a look at your offer as well as your USP (unique selling proposition). Every bit of our marketing will be leveraging your USP and thus its critical that we get this right first.</p>
<p><a href="http://www.madmarketing.co.za/27/step-0-your-unique-selling-proposition">CLICK HERE TO CONTINUE WITH PART 1 &#8211; UNIQUE SELLING PROPOSITION</a></p>

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