Build a WIN-BACK LIST

THE GOLD MINE MOST SALES ORGANIZATIONS IGNORE
Stop hunting only for new customers.
Start hunting for the customers you lost.
:devider:
Most sales organizations focus on two things:
Taking care of existing customers.
Winning new customers.
Both are important. Both are right.
:devider:
But there is a third category — and in many companies, it is almost completely ignored.
Customers who bought from you before.
- Customers who knew your products.
- Customers who knew your people.
- Customers who trusted your company.
- Customers who once gave you their business.
And then they stopped.
They haven't bought from you for two, three, maybe four years.
Somewhere along the way, they made a different decision.
They chose another supplier.
They moved to a competitor.
:devider:
I call them WHITE CUSTOMERS.
And they are one of the biggest hidden gold mines in sales.
Why?
Because these are not cold prospects.
They already know you. There was a relationship. There was trust. There was business.
Something happened.
- Maybe you disappointed them.
- Maybe your competitor was faster.
- Maybe someone offered a better solution.
- Maybe your organization simply stopped paying attention.
Whatever the reason: they left.
:devider:
And now comes the uncomfortable part:
Winning them back is hard work.
Much harder than sending another friendly email to an existing customer.
You have to hunt.
You have to understand why you lost them.
You have to demonstrate why they should reconsider their decision.
And above all, you have to be persistent.
:devider:
Here is one of my rules:
THE 10-TOUCH RULE
Assume that you need to approach a lost customer at least ten times before you have a realistic chance of getting them interested again.
Not once.
Not twice.
TEN TIMES!
- Call them.
- Visit them.
- Talk to them.
- Listen to them.
- Show genuine interest.
- Understand what changed.
- Bring them something valuable.
- Come back again.
And again.
And again.
:devider:
Tell them clearly:
WE WANT YOU BACK!!!
This requires a different kind of salesperson.
You need people with communication skills, persistence and resilience.
You need people with a HUNTING SPIRIT.
- Salespeople who don't disappear after the second unanswered call.
- Salespeople who don't interpret the first "no" as the end of the conversation.
- Salespeople who have the ambition to win back business that was lost.
Because lost customers are not dead customers!
They are customers currently buying from somebody else.
And every order they place with your competitor is a reminder that there is market share waiting to be won back.
- So go into your CRM.
- Look back three or four years.
- Identify every customer who used to buy from you and no longer does.
- Give every one of them an owner.
Build a WIN-BACK LIST.
- Track the contacts.
- Track the visits.
- Track the opportunities.
- Track the orders.
And then execute relentlessly.
DON’T MOURN THE MARKET SHARE YOU HAVE LOST.
GO AND WIN IT BACK.
The gold is already there.
You just have to dig for it.




