Boosting conversion rates and increasing revenue for your business heavily relies on re-engaging cold leads. Fortunately, there are eight actionable tips that, when implemented, can transform previously disengaged leads into valuable customers. Discover these effective strategies below and equip your sales team for success:
1. Segment and Prioritize
Analyze the data you have and identify any leads with high potential. This will tell your sales team where to focus their efforts, maximizing them. By segmenting and prioritizing, instead of going after huge swatches of potential customers, your team can focus their efforts on only the most promising opportunities, getting the most out of their efforts. After all, not all cold leads can be warmed up, some are just not interested in your brand, no matter what you do. Your sales team shouldn’t put too much effort into these customers but instead, focus more on the cold leads that have the most potential to turn warm and then eventually hot.
2. Personalization Matters
Tailoring communication not only shows genuine interest but also helps establish a stronger connection, making the leads more receptive to your messages. Personalization can be the method used to re-engage otherwise disengaged potential customers. According to Michelle Tilton, president of marketing for Gryphon.ai, “Consumers are human, and all humans react to things that are relevant to them personally.” Make sure that disengaged potential customers realize that your brand cares about them personally through tailored communication.
3. Compelling Content
Providing valuable content positions your brand as an industry authority and keeps the leads engaged, increasing the likelihood of them coming back for more in the future. Content creation is so immensely important that 80% of professional marketers consider it a top priority. You want to ensure that your content is valuable, offering readers something different, something noteworthy, something they can only get from your brand. You should hold authority within your field and be able to present information in a professional and helpful manner via compelling content. This doesn't always have to be through the written word, though, as it can include videos, graphs, and more.
4. Multi-Channel Outreach
Speaking of using multiple methods of content to create authority in your field, you should also be utilizing various communication channels. This ensures that your brand stays visible and accessible, meeting the leads where they are in order to interact. In other words, it's ensuring that your brand has a voice or presence in or on various types of platforms, so you are sure to meet those customers that have disengaged where they are and not be forced to go out of their way to find you. Instead, you go to them on the platform or channel on which they spend their time.
5. Limited-Time Incentives
Creating a sense of urgency compels cold leads to act swiftly and take advantage of exclusive offers, driving them closer to conversion. As humans, we never want to feel as if we have been left behind or missed out on a good thing others were able to enjoy. Therefore, limited-time deals or offers are a powerful marketing technique that has been proven effective at driving conversions. This strategy can also be used to re-engage leads that have gone cold, lighting a fire under them, in essence, to get them to act.
6. Listen and Address Concerns
Actively listening to customer concerns and providing thoughtful responses demonstrates that your business values customer satisfaction and is willing to address any issues that may exist. If you notice a particular issue being brought up, again and again, that isn’t pleasing to potential customers, even something minor like the packaging of products, address this issue. Then, make sure your customers know that you have made improvements in an area of concern. This will show them not only do you read their concerns, but you actually take steps to do something about the issues that come up.
7. Consistent Follow-Up
A well-planned follow-up strategy nurtures leads over time, keeping your brand fresh in their minds and increasing the chances of a successful re-engagement. Cold leads can often be re-engaged simply through follow-up efforts. Follow-up strategies can differ based on your business and your customer base. However, while what you do specifically isn’t as important, having a strategy in place to follow up is vital.
8. Use Social Proof
Last but certainly not least, if your team is trying to re-engage cold leads, showcase your positive reviews and testimonials to build trust. This allows potential customers to see real-life examples of how your product or service benefits others. This means showing proof through statistics or other methods that you do care about your customers, listen to them, and note when they are happy with your service or product. Highlighting the positive experiences previous customers have had with your brand can convince potential customers to give your brand another try or motivate them to purchase for the first time.
In addition, as mentioned above, you want to show your customers that you care about their concerns when there is negative feedback. This means you show proof that you heard them (concerns) and are taking action to improve the situation. This creates a sense of authenticity and even reveals a bit of vulnerability on your part, which makes customers more likely to do business with your brand. We all want to feel that a company is real and cares about us in order to give away our hard-earned money. Therefore, proving you care through various types of proof — especially to leads that have gone cold— can be a great way to re-engage a disengaged customer.
Learning How to Re-Engage Cold Leads
By empowering your sales team with these effective strategies, they can confidently re-engage cold leads, nurturing them into warm prospects and eventually converting them into loyal, long-term customers, ensuring the growth and success of your business. At fuze32, we are a full-service agency that understands the importance of re-engaging cold leads. We are happy to help you implement the eight strategies listed above in your current marketing campaign and once again engage cold leads, turning them into customers.