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Prospecting Leads for your
     Solar Business
 How to Generate Leads &
 Identify Customers



                             1
Lead generation is the
starting point of the sales
funnel, every successful
lead adds to the top and
bottom line, so it is
important that you plan
ahead.
                              2
It Pays to have a Robust Lead
     Generation Program

           Leads
           1000            ATTRACT


          Prospects
                          INTERACT
             100

           Customers
              10         CONVERT
                                3
Lets begin by analyzing the lead generation
process and breaking it down into relevant
components, we need to ask some basic
questions;
                                 How do I
                               reach out to
   Who are my                   them in a
    Potential                 cost effective
   Customers                     manner




                 What are                        What do I
                 their key                     communicate
                 purchase                        to them
                motivations




                                                             4
Step I – Customer Profiling

For a small & medium business with limited or non-existent market research
budgets, customer profiling is an iterative process.

Most small scale solar businesses are local; they usually start out posting
advertisements in the classified section of local newspapers or participating in
local events to generate leads.

Information on Leads should be captured in Contact Forms where depending
on how exhaustive our questionnaire is substantial information on the
potential customer can be captured:




    Demographic Data                Psychographic Data


                                                                          5
Step I - Customer Profiling,
                       continued…….
• Demographic Data (What You’re Like)
  –   Name
  –   Age
  –   Address
  –   Phone number
  –   Pin Code
  –   County
  –   Income
  –   Marital Status
  –   Homeowner
  –   Profession
  –   Qualifications


                                           6
Step I - Customer Profiling,
                        continued…….

• Psychographic Data (What You Like)
  –   Lifestyle indicators
  –   Interests
  –   Motivations
  –   Attitude
  –   Hobbies
  –   Social Status
  –   Liberal / Conservative
  –   Technologically savvy
  –   Urban / Rural
  –   Race


                                           7
Step II – Understanding Customer
   Motivations for buying Solar

                 Economics




     Liberal
    Democrat
                Solar             Energy
                               Independence
               Customer


                 Sierra Club
                  Member




                                              8
Surprising Facts About People Who
         Have Gone Solar
• They do it primarily for the ECONOMICS
• Solar attracts both Ultra Liberals & Ultra
  Conservatives alike, but the average solar owner
  is somewhere in between
• Most Solar owners perceive themselves to be
  ‘savvy’ spenders
• Most decision makers for solar energy at the
  household level are Men
• Most are not tree huggers but are technologically
  savvy
• They see Solar as a ‘smart’ investment


                                                      9
Step III – Cost Effective Ways to Reach out to
                your Customers
• Now that we have determined the profile of our
  customer; we have to find cost effective media to reach
  our customers:
                             Medium is
                           the Message



           Cost               v/s           ROI

             Traditional
                                     Social Media
               Media

                                                            10
Step III – Cost Effective Ways to Reach
out to your Customers, contd………..
   • Traditional Media Tools:
      – Local classified advertisements
      – Participation in Community Events and
        Trade Shows
      – Flyers & Door Hangers
                                    Referrals &
      – Signs                      endorsements
                                 from your current
      – Data Services             customers is the
                                  most invaluable
      – Stickers                    lead source




                                                 11
Step III – Cost Effective Ways to Reach out to
         your Customers, contd………..
• Social Media Tools:
  – Website
  – Google Adwords
  – Facebook
  – Google+                         Referrals &
  – Twitter                        endorsements
                                 from your current
  – YouTube                       customers is the
                                  most invaluable
  – Inbound Marketing Services      lead source




                                                     12
Step IV – Communicating with your
            Customers

                 Motivation
                Economics


  Motivation                   Motivation
   Energy                       Political
Independence                   Affiliations




                 TARGETED
               COMMUNICATION
                 MESSAGES




                                              13
Step IV – Communicating with your
         Customers, contd………..
Communication Don’ts:
  – Messages related to payback & ROI don’t
    appeal to the ‘political affiliation’ segment
  – Messages relating to Environmental Benefits
    do not appeal to the ‘Economic’ minded group
  – Messages relating to ‘being tech savvy’ does
    not appeal to ‘Energy Independence’
    segment.



                                                14
Step IV – Communicating with your
         Customers, contd………..
Communication Do’s:
• Focus a different message to each
  segment;
  – ‘Environment’ Benefits Segment; talk about
    the effects of global warming, hurricane
    Sandy….
  – ‘Economic’ Benefits Segment; dwell on ROI,
    payback and other analytical measures
  – ‘Energy Independence’ Benefits Segment; no
    dependence on ‘Big Business’, pride….


                                             15
And Finally Nurture every Lead..
• Show a ‘Quick’ response time; Industry data
  indicates that leads receiving a call-back in two minutes or
  less were four times as likely to convert to sold as an average
  lead.
• Your Sales-Cycle may spread over 4-8
  weeks, it is important to communicate &
  engage with the customer at every level, to
  address his quest for information and
  assuage his concerns
• Telephonic interaction & site visits are crucial
• Using CRM tools to capture information and
  track all touch points with the customer

                                                                16
For Further Information
Contact:
  bijou.Lulla@yoursolarsalesman.com
the author is a Solar Sales Consultant




                                         17

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Prospecting leads for your solar business

  • 1. Prospecting Leads for your Solar Business How to Generate Leads & Identify Customers 1
  • 2. Lead generation is the starting point of the sales funnel, every successful lead adds to the top and bottom line, so it is important that you plan ahead. 2
  • 3. It Pays to have a Robust Lead Generation Program Leads 1000 ATTRACT Prospects INTERACT 100 Customers 10 CONVERT 3
  • 4. Lets begin by analyzing the lead generation process and breaking it down into relevant components, we need to ask some basic questions; How do I reach out to Who are my them in a Potential cost effective Customers manner What are What do I their key communicate purchase to them motivations 4
  • 5. Step I – Customer Profiling For a small & medium business with limited or non-existent market research budgets, customer profiling is an iterative process. Most small scale solar businesses are local; they usually start out posting advertisements in the classified section of local newspapers or participating in local events to generate leads. Information on Leads should be captured in Contact Forms where depending on how exhaustive our questionnaire is substantial information on the potential customer can be captured: Demographic Data Psychographic Data 5
  • 6. Step I - Customer Profiling, continued……. • Demographic Data (What You’re Like) – Name – Age – Address – Phone number – Pin Code – County – Income – Marital Status – Homeowner – Profession – Qualifications 6
  • 7. Step I - Customer Profiling, continued……. • Psychographic Data (What You Like) – Lifestyle indicators – Interests – Motivations – Attitude – Hobbies – Social Status – Liberal / Conservative – Technologically savvy – Urban / Rural – Race 7
  • 8. Step II – Understanding Customer Motivations for buying Solar Economics Liberal Democrat Solar Energy Independence Customer Sierra Club Member 8
  • 9. Surprising Facts About People Who Have Gone Solar • They do it primarily for the ECONOMICS • Solar attracts both Ultra Liberals & Ultra Conservatives alike, but the average solar owner is somewhere in between • Most Solar owners perceive themselves to be ‘savvy’ spenders • Most decision makers for solar energy at the household level are Men • Most are not tree huggers but are technologically savvy • They see Solar as a ‘smart’ investment 9
  • 10. Step III – Cost Effective Ways to Reach out to your Customers • Now that we have determined the profile of our customer; we have to find cost effective media to reach our customers: Medium is the Message Cost v/s ROI Traditional Social Media Media 10
  • 11. Step III – Cost Effective Ways to Reach out to your Customers, contd……….. • Traditional Media Tools: – Local classified advertisements – Participation in Community Events and Trade Shows – Flyers & Door Hangers Referrals & – Signs endorsements from your current – Data Services customers is the most invaluable – Stickers lead source 11
  • 12. Step III – Cost Effective Ways to Reach out to your Customers, contd……….. • Social Media Tools: – Website – Google Adwords – Facebook – Google+ Referrals & – Twitter endorsements from your current – YouTube customers is the most invaluable – Inbound Marketing Services lead source 12
  • 13. Step IV – Communicating with your Customers Motivation Economics Motivation Motivation Energy Political Independence Affiliations TARGETED COMMUNICATION MESSAGES 13
  • 14. Step IV – Communicating with your Customers, contd……….. Communication Don’ts: – Messages related to payback & ROI don’t appeal to the ‘political affiliation’ segment – Messages relating to Environmental Benefits do not appeal to the ‘Economic’ minded group – Messages relating to ‘being tech savvy’ does not appeal to ‘Energy Independence’ segment. 14
  • 15. Step IV – Communicating with your Customers, contd……….. Communication Do’s: • Focus a different message to each segment; – ‘Environment’ Benefits Segment; talk about the effects of global warming, hurricane Sandy…. – ‘Economic’ Benefits Segment; dwell on ROI, payback and other analytical measures – ‘Energy Independence’ Benefits Segment; no dependence on ‘Big Business’, pride…. 15
  • 16. And Finally Nurture every Lead.. • Show a ‘Quick’ response time; Industry data indicates that leads receiving a call-back in two minutes or less were four times as likely to convert to sold as an average lead. • Your Sales-Cycle may spread over 4-8 weeks, it is important to communicate & engage with the customer at every level, to address his quest for information and assuage his concerns • Telephonic interaction & site visits are crucial • Using CRM tools to capture information and track all touch points with the customer 16
  • 17. For Further Information Contact: bijou.Lulla@yoursolarsalesman.com the author is a Solar Sales Consultant 17