The fat end of the funnel is where marketing and sales first meet. It's the
new leads delivered by marketing that may deliver new business.
Leads may be respondents to your marketing campaign, names from your CRM programme,
or walk-ins to your website. Once captured, and you've got a name, a number,
and a need, it's a prospect - a person at the first stage of his journey with
you. How far he travels is the job of sales and marketing.
What matters is the relationship. A cold name? A warm suspect?
A hot prospect? The hottest prospects are those you've done business with
before; the coldest those you approached through a campaign. If they've entered
your sales funnel it means they're interested - but some will be more interested
than others. Check how hot your prospects are with some solid metrics - how
did they find you? Which pages of your website did they land on? How many
times did they open your email? Did they complete a web form? Looking at these
numbers lets you decide what to do next.
Single-clickers who just looked at your website? Send them an autoresponse
email and add them to your monthly campaign. People who've looked over your
website several times? Phone them and introduce yourself. People who've completed
a web form with a description of their problem or what they want? Take them
to lunch. It's that point - personal contact - that drives your stage 2: qualifying.