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5 Tips to Increase Debt Lead Conversion

By Troy Wilson
3 minute read
⚠️ Disclaimer: While every effort has been made to ensure that the information contained in this article is accurate, neither its authors nor Aged Lead Store accepts responsibility for any errors or omissions. The content of this article is for general information only, and is not intended to constitute or be relied upon as legal advice.

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Purchasing internet debt leads is a popular method of increasing sales. These debt leads are a reliable and a good way of growing your business. However having ready access to debt leads does not automatically mean sales for you. You have to work on the debt lead and convert it into a sale.

Here are 5 tips to help you increase your debt lead conversion:

1. Call the debt lead to offer a solution – Most sales conversations are focused on how good the service or product is. Maybe even why a debt customer should use your company. Unfortunately, sales persons often don’t realize that the debt customer isn’t actually looking for a sales person or company–they want someone that can show them some debt relief, hope.

2. Reach into the debt customer’s mind –You need to let your prospect relax while they’re talking with you allowing you to delve into their mind. As a sales person you have to go deeper than just selling your wares. You have to understand the situation the debt customer is actually facing, what got them here and what do they think they need. It’s only after you have an outline of your debt customer’s needs that you can tailor something that will resonate with them.

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3. Do not be in a hurry to close the sale – Don’t let you anxiousness to add another number on the board jeopardize the chance of a sale. Debt customers need to know that you care and want to work with them towards a solution. The debt customer should be doing most of the talking, while being expertly led towards sales closure. At no point in time should you push the debt customer into a sale. The chances of frustration, distrust, or dissatisfaction in the debt solution will only spoil your sale.

4. Clarify all the debt leads concerns – Sales conversions usually only happen when you satisfy the debt customer completely. When you offer a debt solution others haven’t taken the time to present and explain in an empathetic way. Your customer has to be convinced that you are the right and trustworthy solution. For this, you have to be patient and be prepared to answer lot of questions. The debt lead will need to know why you’re the best and mayneed proof in the form of professional affiliations or customer testimonials. Be prepared and don’t fail to have these credentials available. This will create a positive impact and help the debt customer not only use you, but even recommend you to others in their circle.

5. Assure the debt lead of after sales service – Selling may appear easy at times, but what you have promised the debt customer is long-term service. Make sure that your after sale follow-up and follow-through is just as consistent as your sales process. This will make a happy debt customer and ensure referrals.

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Save these tips and reference them the next time you wonder why your debt leads aren’t converting. They’re sure to pay dividends now and in the future.

How to Use Aged Leads in Your Overall Sales and Marketing Plan
How to Use Aged Leads in Your Overall Sales and Marketing Plan
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Troy Wilson

About Troy Wilson

Troy is the CEO and founder of Aged Lead Store. He has been in the lead generation industry for over two decades. His blog posts focus on how to refine your sales process and get the most out of your insurance leads, mortgage leads, and solar leads.

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