As you move up the pyramid, the cost per opportunity increases and the volume of opportunities decrease. You could decide only to provide the low hanging fruit to your sales force. This strategy, however, is rarely practical and could be significantly counterproductive. In your experience, how many of your qualified prospective customers were actually waiting for you to call on them to sell your services/products?
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Moreover, focusing only on the “Low Hanging Fruit” in Level 1 may not be a successful strategy because the qualified prospects in Level 2 will certainly make a considerable contribution to profits and growth. As well, in many situations, a sufficient number of Level 3 opportunities can also be converted into profitable new customers. Their higher cost per converted opportunity will likely be insignificant when you factor in their contribution to profit over the long term. |