Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Digital Dive: The Digital Buyer's Journey: How to Nurture Your Potential Clients

By Spencer X. Smith
February 01, 2021

Open your inbox and count how many times you've received an email like the following: "Hey Jane Doe, I'm just following up to see if you received my last email." Or I'm "touching base" or "checking in." Doesn't it seem like many digital salespeople follow this same impersonal sequence?

  1. Cold email pitching product/service
  2. Follow-up email checking to see if you received the first email
  3. "I'm reaching out for the last time to see if you're interested."

Why is this happening? And why is it happening at a seemingly accelerated rate? Volume. More emails yield more activity, and activity is the first metric by which salespeople are judged. The sales funnel, if you're following this formula, is:

  1. Activity
  2. Opportunities (prospects)
  3. Sales (clients)

Digital salespeople rarely, if ever, initially meet their potential clients in person or synchronously (phone, video call, instant messaging). And because these digital salespeople have very large sales territories, they can afford to turn off 90%+ of their recipients with their spam emails. Email is basically free and can be sent to a near-unlimited audience instantaneously. To hit their sales goals, digital salespeople can burn through an extraordinary volume of emails to discover those who will say, "Yes."

Effective business development requires building relationships to grow your practice. The people with whom you'd like to do business are those you may see at the Chamber of Commerce meetings, annual industry conferences, or on the golf course.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
The DOJ's Corporate Enforcement Policy: One Year Later Image

The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.

The Bankruptcy Hotline Image

Recent cases of importance to your practice.

Use of Deferred Prosecution Agreements In White Collar Investigations Image

This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.

How AI Has Affected PR Image

When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.

New York's Latest Cybersecurity Commitment Image

On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.