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Following Up = More Profits In Your Business

By Sydni Craig-Hart

How many times have you attended a networking event, had a number of great conversations with ideal prospects, collected a bunch of business cards and never followed up?

Perhaps more times than you’d care to admit.

The bad news: You likely missed out on a number of key opportunities to deepen connections that could lead to an increase in revenue, a joint venture or more visibility for your business.

The good news: You can make the decision TODAY to commit to implementing a system to follow-up on all leads who express an interest in your business, so that you don’t miss out on any future opportunities.

To do so, you simply need to follow my step-by-step system for effective follow-up and prospect conversion:    

  1. When you register to attend a networking event/conference/seminar and add the appointment to your calendar, add an appointment the following day for one hour where you will email, call or (gasp!) write a handwritten note to follow-up on hot leads! This is so you stop leaving your follow-up to chance, but rather, allow yourself a specific block of time to address this critical marketing task. (NOTE: If you are planning to attend a multi-day event, I recommend blocking out one hour for each day of the event. For example, for a three day event, you should block out at least three hours of follow-up.)
  2. Before you attend the networking event, create a system for yourself so you’ll know how to follow-up with each contact.  Perhaps for “hot” leads you place a dot on the front of the card in one corner. And for “warm” leads, you place the dot on the back. Or perhaps you use “X’s” and “Os”.  Whatever works for you is fine.  The point is to easily (and quickly) be able to categorize the business cards you receive, which will make follow-up a LOT easier.
  3. At the event, as you meet people, take a quick moment between conversations to jot down a note about the person, the conversation or the necessary follow-up.  Again, this will make your follow-up easier and quicker.
  4. If while at the event you meet someone you REALLY want to connect with ASAP, be proactive and schedule a follow-up appointment right there on the spot.  (Why wait?)  Many entrepreneurs maintain their calendar electronically and will be happy to make the appointment right away.  Even those who keep a paper calendar often carry it with them.  Scheduling a follow-up session right there, on the spot, will save you both time and effort.
  5. When you get home after the event, place the stack of cards front and center on your desk so they’re ready for you to follow-up on the next day.
  6. At the designated time the following day, go through the cards one by one, make the phone call/send the email/write the note. (NOTE: It’s preferable to have your Assistant do this for you, which is a HIGH-payoff investment!)
  7. Last, but not least, when you’ve completed the necessary follow-up steps, add the individual’s contact information to your database with a note about the steps you took to follow-up.

Simple, right?

I guarantee if you follow this simple system, you’ll enjoy creating stronger business relationships, consistently attract more opportunities to your business and significantly boost your profits.

Why?

Because, the majority of entrepreneurs simply don’t follow-up.  Their lack of diligence is costing them BIG time and they’re leaving serious money on the table.

You no longer need to choose to be a part of that group.  (That’s right … not following up is a CHOICE you’re making!) Instead, switch sides and join the elite group of those who are prompt, diligent and thorough with their follow-up.  If you do, you’ll be rewarded handsomely.

Give my system a try the next time you attend a networking event, then stop back by here on the blog and let me know how it turned out for you by leaving a comment below.  I can’t wait to hear your success story!

Filed Under: Business Management, Networking Tagged With: entrepreneur, follow-up, marketing, Networking, profitability, Smart Simple Marketing, Sydni Craig-Hart



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Sydni Craig-Hart

Is your organization looking to gain market share and deepen loyalty with small businesses, women or minorities? Sydni Craig-Hart is CEO of Smart Simple Marketing and a 4th generation entrepreneur. Since 2006, her team, having worked with over 8,000 small business in 79 different industries, has been helping companies to drive engagement with sought-after, growing market segments. If you want to increase the value of existing-customer spend, recapture marketing investments, grow customer lifetime value or decrease attrition, contact Sydni to discover how her team is doing this for companies like Facebook, Google, LinkedIn and more.

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Comments

  1. Margaret Salmond says

    July 26, 2010 at 7:40 PM

    Thanks for this Sydni. This is something that I have started doing by sending out a card right after the meeting and then sending a postcard each month thereafter.

    Even if they dont become a client, they just might refer me to someone else.

    • Sydni Craig-Hart says

      July 27, 2010 at 7:16 AM

      Good for you Margaret! That’s excellent! Your strategy is a great way to stay top of mind and to show your diligence, which is particularly important in your field. And doesn’t it feel wonderful just to reach out and “touch” someone…just because…with no expectations? I just love that. 🙂

  2. Gayle says

    July 28, 2010 at 5:51 AM

    This is such a great article! So much business is left on the table because people do not follow-up. The handwritten note will definitely stand out today, since most of the communication is thru email. Since something like 67% of all email is not opened, you will really make an impression by using that personal touch. I use an incredible system that is automated, easy and cost effective while keeping that personal touch by sending real greeting cards in the mail. Since the company does all the work for you, this incredible follow-up system has really saved us time and has increased our referral business. Please let me know if you would like more information on this awesome system. You can even send a free card on me!

    • Sydni Craig-Hart says

      July 28, 2010 at 7:31 AM

      I’m so glad you enjoyed the post Gayle! And I absolutely agree that you make a much deeper impression with handwritten note.

      I imagine that the system you’re referring to is Send Out Cards. Is that right? 🙂

      I used them for sometime, but honestly, I missed actually writing the card myself, on my own beautiful stationary and ending with my real signature. In my opinion Send Out Cards is great for a number of different uses, but based on my own preferences and feedback I’ve gotten from several clients and colleagues, an automated card doesn’t leave the same impression as a handwritten card. That said, send a note through s system like Send Out Cards is far better than sending nothing at all!

Trackbacks

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