The Advantages of Lead Nurturing Techniques for CPAs
Business → Marketing & Advertising
- Author Brian Oconnell
- Published January 18, 2012
- Word count 559
Prospects are vital to any business practice, in particular to accountants. Prospects need to be categorized and nurtured in order to prepare them for use in business. It insufficient just to collect leads.
Developing new accounting customers is an important goal. However, lead nurturing also makes sure you don't let opportunities from the business landscape slip by. In today's economy, you can't let an ideal business relationship slip away. You want to be thorough when expanding your business. The practice of lead nurturing makes sure you take advantage of all new opportunities.
While nurturing leads may seem to be tiresome or redundant, it is completely crucial to turning them into paying customers. As a CPA, lead nurturing is an essential business practice. Below are the reasons why.
- 77% of prospects are made up of nurtured leads
By ignoring future opportunities that may arise from unnurtured leads, you run an enormous risk of losing revenue. Knowing whom you have already touched and with whom you can expand your professional relationship allows you to significantly grow your accounting firm and expand your networking reach exponentially.
- As time progresses, leads tend to change their decision
It is a good strategy to give your leads room to evaluate your firm's services. Asking for a 'yes' or a 'no' right away is risky. Your leads need time to consider the possibilities. They need time to choose what is best for their particular situation. It is an important strategy to make sure your accounting firm stays on their mind. This is possible to do with continuous, light touches.
- Its easy and simple to lead nurture
After your first lead touch with your accountant website traffic, you should follow up with a phone call. This is a very easy way to expand your potential business. A very light touch shows that you care about your leads. It also adds very little to the workload of your staff.
- An excellent way to build trust is to nurture your leads
Show your leads you care. This makes them more likely to engage with your accountant firm. Ultimately, the human side to accounting converts leads into customers, whereas the business side can make you seem distant, cold, and unapproachable.
- Lead nurturing suggests thoroughness
Following up with your leads shows your firm is consistent, even in the nascent stages of your business practices. These will eventually turn into quality leads. With lead nurturing, your goal is to convert them into a client. In order to do this you need to win them over.
- You will understand your leads better when you nurture them
Learning the process of accounting website lead nurturing is a good way to understand your prospects' needs. This way you can be of better service to them as your business relationship evolves.
- Nurturing your leads offers you competitive advantage
Simple, light touches for your leads beyond initial contact set you apart from the competition, particularly in front of those who do not practice lead nurturing.
- Lead nurturing helps you decrease repetition
It is enormously bad PR to continue to touch prospects that have declined your services. To continually touch them makes them feel as though they're being bullied. Separate the prospects that declined your accounting firm to avoid replication. This will make sure you don't present an unfavorable impression to prospects who have yet to make a decision.
Brian O'Connell is the CEO and founder of CPA Site Solutions, one of the biggest companies in the United States dedicated exclusively to designing high-quality accountant websites. His company presently provides websites for about 5000 CPA and accounting firms.
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