Bridging the Chasm from Lead to Loyal Customer: A Step by Step
Guide for Developing Awareness, Building Credibility and
Acquiring Customers
By Julie Chance
Have you ever watched a documentary about climbing Mount
Everest? If so, you will undoubtedly remember one specific
segment of the journey where the climbers cross a chasm, one
carefully placed step after another, using aluminum ladders
strung end to end. For me, just the thought of it is enough to
cause an anxiety attack!
There is a similar chasm between your product or service and
your potential customers, even if it is only in the potential
customers’ mind. And for them, the thought of crossing that
chasm is enough to cause a severe case of anxiety.
Picture a group of your potential customers, standing at the
edge of a chasm on Mount Everest and you and your product or
service standing on the other side. It is your job and the role
of your marketing efforts to help potential clients cross that
chasm one step at a time. At this stage, your immediate
objective is not to get them to purchase. It is simply to get
them to take that first step out onto the ladder, followed by
one more step, and than another until they reach the ultimate
decision to purchase.
It is as ludicrous to expect a potential customer to reach a
purchase decision in one step as it would be to expect a Mount
Everest adventurer to cross a chasm in one step. So how can you
begin to move your potential customers across the purchase
chasm?
•Step One - Awareness and Knowledge: Before someone can purchase
a product or service they must be aware of it. They must also
have knowledge about what problems the product or service will
solve for them. They must be able to picture in their minds the
benefit they will receive from using the product or service, and
that picture must be enticing enough to motivate them to take
that first step.
At this phase, your objective is to make potential customers
aware of your product or service, generally through mass media
type activities, advertising, direct mail, articles, public
speaking, etc. and then to get them to take the first step by
requesting additional information. You might offer a brochure,
free report, newsletter subscription or other informational item
in exchange for contact information. The key is to offer
something that:
* Is of value to your potential client, * Provides him or her
with additional knowledge about your product or service and how
it will solve his or her problems * Poses a very low level of
risk or obligation on the part of the prospective customer.
•Step two - Liking and Preference: Awareness alone is not
enough. Potential customers must also have a positive
disposition regarding your product or service. Potential
customers must trust that you will deliver what you say you
will. Several years ago there was an insurance company that did
a tremendous job of building awareness through television
advertising. However, the ads were so obnoxious that I’m sure
the company ranked quite low on the liking, preference and
credibility scale.
At this stage, the objective is to get those potential customers
who took the first step to take a second step by requesting
additional information perhaps a video or booklet, calling for a
free consultation, signing up for a free seminar or
teleconference, purchasing an e-book, etc. For example, a
trainer might gain credibility and allow potential customers to
“sample” their product by offering free, hour long presentations
on topics related to their area of specialty. Again, the offer
must be of value to the client, and should pose a slightly
higher level of risk, obligation or commitment on the part of
the potential customer.
•Step Three – Conviction and Purchase: The final step in the
process is getting those potential customers who have begun the
journey across the chasm by requesting information and then
following up on the information requested to actually make the
decision to purchase. In this step, personal, one-on-one selling
becomes the primary method of achieving the objective. And, if
you have developed a relationship with the potential client
throughout their journey, this step should be as simple as
reaching out to take their hand as they reach the end of the
ladder and step off onto the ground. And reassuring them that
they have made the right decision by embarking on the journey.
While the process is simple, implementation takes a committed
and consistent effort. It may take as many as five to 15
exposures to your product or service for a potential client to
move through the process and cross the chasm from lead to loyal
customer. They key is to plan those exposures so each one:
•Matches the level of the process where the potential customer
currently is (i.e. direct mass media activities to potential
customers in the awareness and knowledge phases, and use
personal selling with prospective customers in the conviction
and purchase phases).
•Builds on the previous exposure, automatically moving people
through the buying process one step at a time.
To begin the process of helping potential clients bridge the
chasm to loyal customer ask yourself these questions:
1. What are three to five ways I can have an initial contact
with members of my ideal customer group?
2. What can I provide as a free offer in exchange for contact
information to get people to take the first step?
3. What are two or three intermediary steps I can encourage
prospects to take?
4. What are the key promotional tools that I will use at each
step?
About Author :
Julie Chance is president of Strategies-by-DESIGN, a Dallas
based firm that helps small businesses and service professionals
Map A Path to Success by bridging the chasm from Lead to Loyal
Customer. For more information or to sign up for our free
Marketing Tips Newsletter go to
http//www.strategies-by-design.com or call 972-701-9311.