Conversely, when
Now, this latter point is absolutely
Straight Line prospecting has more moving parts than any other step in the syntax, so the most effective way to teach it to you is to start with the big picture first.
Let me zoom out for a moment and give you a quick overview of the relationship between marketing and sales—insofar as how they work hand in hand with one another to turn a company’s goods and services into cash—and how Straight Line prospecting serves as the bridge between the two.
In essence, you have
1
Research the marketplace to identify the best prospective buyers—2
Develop a cost-effective strategy that gets the company’s message in front of as many of these prospects as possible.3
Embed the message with some sort of4
Coordinate with the sales department to ensure a seamless handoff of the funnel, so prospects can be turned into customers.Now, in
First, we have
Now, as I said, whichever marketing modality a company decides to use, the ultimate objective is always the same: to bring as many qualified buyers as possible into the company’s sales funnel, so they can then be handed off to the sales department and turned into customers.
Pretty straightforward, right?
Actually, not quite.
You see, no matter how carefully you target your marketing campaign, there is no possible way that every prospect who enters your sales funnel will end up being a qualified buyer. In fact, in
In essence, this is what Straight Line prospecting is all about: sifting through prospects who enter your sales funnel to eliminate the ones who don’t qualify to buy your product—thereby avoiding wasting your time making a full-blown sales presentation to them.
To that end, in any given marketing campaign, there are four categories of buyers who will enter your sales funnel. We call these the four buying archetypes.
The first archetype is called
These are basically your
Like all legitimate buyers,
The only downside to this group of ready-made buyers is that there aren’t that many of them. Depending on what industry you’re in and how targeted your marketing campaign was, you’ll find that somewhere between 10 and 20 percent of the total prospects that enter your sales funnel will fall into this category; the rest will be spread among the other three.