Identifying your Best Leads
April 6th, 2010 by Michael Baum | Filed under Marketing, Sales Techniques, Sales methodology, knowledge management.When tackling lead generation you want to make sure you go after companies that have similar traits to companies you are already doing successful business. These would be some of the lower hanging fruit to go after. The best way to identify these companies is first take a closer, methodical look at your existing customers.
Start by ranking your current customers using three criteria: gross revenue, profitability and “fit.”
The fitness ranking is more subjective than the gross revenue or the profitability ranking. It identifies the companies you know well, those whose business you are familiar with, those that are fun to work with, those you understand best, and those with which you have—or could have—a great working relationship:
What customers come up near the top of all three rankings? Evaluate the other characteristics of the companies on this list. How large are they? Where are they located geographically? What are the titles or job functions of their decision makers? Analyze your answers to identify common traits, and use that information to find companies with similar traits.




