Spending time with fewer, more highly-qualified prospects is generally a good strategy. Better prospects who meet your Ideal Customer Profile deserve more time, energy, and creativity in your approach because they have such strong potential. In fact, you probably already know the monetary value of such a high-quality appointment with the near-perfect prospect.
Peter Drucker says "Concentration is the secret to all economic success," and concentrating your appointment-setting activities on ideal prospects always pays off. If you make 40 new business approaches a week, you will accomplish more by communicating five times with eight strong prospects than one time with 40 prospects. Studies show prospects don't even begin to notice you until you make five approaches and many appointments are set after seven touches. Most salespeople give up way before that.
Quantity or Quality?
But sometimes we see salespeople using the quality paradigm as an excuse to make fewer new business calls. New business activity should not diminish because you are calling on fewer prospects. In fact, it may actually increase compared to the scorched earth approach of just smiling and dialing. Under this approach your work is directed toward your best prospects and the work is more likely to secure an appointment.