Fishing
For Leads - The 5 Steps by:
Peter Lawless If
you have a new experience everyday, you
will lead a fulfilling life.
I had one during my summer holidays, when
I went out fishing for mackerel. After the
trip, I had an epiphany – I felt I was now
able to explain easily, in 5 steps, how
small companies can effectively increase
their business.
We start with an anecdote, which captures
the essence of the 5 steps, and hopefully
will help you land next year’s profitable
catch.
The first thing that I noticed when I got
onto the small boat at the harbour in Enniscrone,
Co. Sligo, was the cleanliness and order
of the boat. The skipper in charge had all
of the rods, upright, with their lines neatly
tucked away, in holders. The holders were
made out of piping, about 30cm long, which
had been welded to the side of the boat.
A simple, inexpensive aid had made me sit
up and pay attention. This skipper thought
about his customers, and this device left
a strong impression. We then got a very
short lecture on safety, checked we had
our life jackets on, and off we went. About
12 of us!
Finding your target market
About 12 minutes later, the skipper stopped
the boat, and told us we should find some
mackerel here. He explained that the lures
on the hooks looked just like what mackerel
wanted to eat. It certainly was not something
I would have fancied!
He explained that through his experience
and the help of a little sonar gadget on
his boat, that he knew there was a shoal
of fish below. We all slung our rods over
the side and dropped our lines.
Reeling in the sale
Now I don’t know about you, but this was
totally new to me. I wound up the line frantically,
as soon as I felt a tug, and hey presto,
there were three fish dangling off the hooks.
I started flailing about, one jumped off
before I even got it in over the side, and
when I was trying to reel it in the final
bit I lost an other one. The one that I
got in, I lost down the gutter when I finally
got it off the hook.
The skipper explained to me, that once
a fish took the bait, I should give a quick
tug on the rod, to make sure it was firmly
hooked. I should then take my time, to reel
it in. Secure the rod in the holder, with
the fish hanging over the bucket and deal
with them one by one – I did, and I ended
up with 20 fish, which delighted me, as
I had set a target of 10, since my friend
had caught 9 on his first time
1. So what are the lessons for marketing
– if you are still with me, and have not
already got most of them, here they are
in business speak;
2. Set goals and targets that are realistic,
and based on some valid foundation or research.
3. Have simple procedures set up, to make
it easy to operate and for your customers
to conduct business with you.
4. Speak in your prospects language, about
what they want – it’s a bit like the fish
bait, unlikely that strawberries and cream
will catch many mackerel!
5. Once you know what your prospects like,
find out where they are, do some research
and target them accordingly – as in our
example, not much point in putting down
shark bait in a shoal of mackerel.
Once you get your customers attention,
or have a lead, qualify it, and ensure you
follow up at all time to close the sale.
Again the use of a good sales process is
essential here.
The bottom line, if you know what problems
or desires your customers have, and you
can solve or fulfill these, while providing
value for money, you will always be a winner.
And if you don’t know the answer to that
question, go ask the people who have already
bought from you – they do!
About The Author
Peter Lawless
Business Owners who need more sales
and better marketing advice, turn
to Peter Lawless, of 3R Sales &
Marketing – http://www.3r.ie.
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