Playing favorites is
natural, but bad for your pipeline
There is a common
tendency in sales to favor those prospects who are further along in
the pipeline to new ones. It's natural, and there are good
psychological reasons for this.
First of all, the further along prospects are in your pipeline, the more likely they are to be visible in your diary and to do list. You may have a meeting scheduled or a follow-up call set up. On the other hand, brand new prospects are somewhat more nebulous. Dealing with them doesn't seem to be urgent and hey may not have a slot in your calendar at all.
Another reason we tend to favor conversations that are further along is that these are the more comfortable ones. An initial sales call can be intimidating simply because the possibility of rejection is so much higher. But you must always keep in mind that your "solid as gold" prospects required hard work initially.
Keep up the good work, it's just a matter of
time
This is a simple and straight-forward lesson.
When you schedule the right amount of time to keeping new prospects
flowing into your pipeline, you will see that your pipe is always
full and a steady stream of deals is flowing from the other
end.
PS. If you would like some help in determining the number of new conversations you need to add to your pipeline, refer to our handy Sales Pipeline Calculator.