Entrepreneurship

Friday Sales Funnel: How Startups Can Turn Unused Leads Into New Sales

One of the easiest things for a startup to do is chase another lead. The harder part is going back to the people who already showed interest. A customer asked for a quotation on Monday. Someone sent an enquiry through the website. Another person spoke to a salesperson but never came back. Someone else said

Friday Sales Funnel: How Startups Can Turn Unused Leads Into New Sales

Friday Sales Funnel: How Startups Can Turn Unused Leads Into New Sales

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One of the easiest things for a startup to do is chase another lead. The harder part is going back to the people who already showed interest. A customer asked for a quotation on Monday. Someone sent an enquiry through the website. Another person spoke to a salesperson but never came back. Someone else said they would buy at the end of the month. By Friday, most of those conversations have disappeared into a spreadsheet, WhatsApp chat or inbox. That is where startups can be missing sales.

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Your old leads are not always dead

A lead that did not buy this week does not automatically mean the opportunity is gone. People get busy. Budgets change. A decision gets pushed back. Sometimes the customer is waiting for someone else to approve the purchase. The mistake is assuming that no response means no interest. Go through the leads that were active during the week and see where each conversation stopped. Someone asked for a price but never received it? That needs attention. A quotation was sent but nobody followed up? That needs attention too. A customer said they would make a decision later? Find out when. It sounds basic, but these are the things that get missed when a small sales team is trying to do everything at once.

Start with the conversations, not the numbers

Sales reports can tell you how many leads came in. They do not always tell you why those leads did not become customers. Take 50 new leads. If 40 were contacted and 20 had proper conversations with the sales team, that tells you something. If 15 were sent quotations and only two bought, there is another question to answer. Maybe the price is wrong. Maybe the offer is not clear. Maybe customers are taking too long to make a decision. Maybe salespeople are sending quotations and waiting instead of following up. The numbers are useful, but the conversations behind those numbers usually tell you more.

Go back to the quotations

This is probably one of the easiest places to find missed sales. Look at every quotation sent in the last few weeks. Which customers responded? Which ones did not? Which ones said they were still considering it? Which ones disappeared? Then contact them. Not with a generic message asking if they have “any feedback”. Ask a proper question. Are you still looking for this service? Has your budget changed? Is there anything in the quotation you would like us to change? You may get a no. That is fine. A clear no is better than having a quotation sitting in the pipeline for three months with nobody knowing what is happening.

Find the leads that are worth another call

Not every old lead deserves the same amount of time. Someone who made an enquiry yesterday is different from someone who downloaded a brochure six months ago. Look at the last interaction. Did they ask about price? Did they ask when they could get the product? Did they request a quotation? Did they compare two options? Those are stronger signs of buying interest than someone who simply clicked on an advert. For a startup with a small sales team, this matters. You do not have to call everyone. Start with the people who were closest to buying.

Your sales team may have a follow up problem

Sometimes a startup thinks it has a marketing problem when it actually has a follow up problem. You could spend another R10,000 getting new leads while 30 good prospects are still waiting for someone to call them. That does not mean marketing is unnecessary. It means the business should know what is happening to the leads it already paid for. A simple Friday check can reveal this quickly.

Ask each salesperson:

Which leads are you still waiting on?

Which customers need another call?

Which quotations have not been followed up?

Which deals are unlikely to close?

The answers should give you a much clearer picture of the pipeline.

Do not forget your existing customers

There is also another group startups often overlook. People who have already bought. A customer who bought once may need another product. They may need a larger package. They may know another business that needs the same service. Check who bought recently and who has gone quiet. If you sell a service every month, which customers have not renewed? If you sell products, who has not bought again? These questions can uncover opportunities without starting the sales process from scratch.

Keep the Friday review simple

You do not need a 20 page sales report.

Look at:

  • New leads received
  • Leads contacted
  • Actual conversations
  • Quotations sent
  • Sales closed
  • Deals lost
  • Follow ups due next week
  • Value of deals still in the pipeline

Then ask the question that matters:

What is stopping the deals that should have closed from closing?

That answer could point to a pricing problem, slow follow up, a weak sales pitch, poor lead quality or simply customers who are not ready yet. Each one requires a different response.

Before you buy more leads

Getting new leads will always be part of growing a startup. But there is little point filling the top of the funnel if everything is getting stuck further down. Before the next advertising campaign, take an hour on Friday and go through the pipeline. Call the customer who never responded to the quotation. Follow up with the prospect who said they would decide this week. Check the deal that has been sitting untouched since last month. Speak to the customers who have stopped buying. You might find that the next sale is not hiding in a new campaign. It is sitting in a conversation your business never finished.

EntrepreneurshipAfrican startups
Vutomi Manzini

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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