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October 2008

Taking my five-step lead management ‘playbook’ on the road

Why do so many companies struggle with the lead generation process?  Simple. Even the very best lead generation program cannot compensate for poor teamwork and collaboration. You can actually achieve major ROI gains by optimizing a just few key aspects of your lead management process.

I just finished up the MarketingSherpa Demand Generation Summit in Boston where I was given the opportunity to present my ‘Playbook for Effective Lead Management.’  And, we’re doing it all again in San Francisco October 26-28. Check out the full agenda. I hope you can make it.

If you attended MarketingExperiments’ recent Web Clinic on September 24th you've already got a glimpse of my five-step ‘playbook.’  By applying the ‘playbook’ as a tool to identify, evaluate, and address the underlying issues, we show how a company benefited from a 325% growth in sales ready leads and a 200% growth in lead-to-sale pipeline rate.

What you need to understand is that this client did not spend any more budget to achieve these results. Rather, a greater focus was put on developing and executing an optimized lead management process.

Watch the presentation on demand including slides and audio.

If you don't have time to watch here are summaries written by others:

Hunter Boyle: Lead generation playbook

June Li: Go Beyond Website Conversion: Nurturing Sales Ready Leads

Jeff Ogden: Demand Generation grows up -- finally

Continue reading "Taking my five-step lead management ‘playbook’ on the road" »

5 Lead Nurturing Time Factors to Fine Tune Your Messages

The lack of a strong lead nurturing discipline can cost your organization substantial unrealized revenue. Without lead nurturing in place to capture and cultivate early-stage leads, your marketing funnel misses out on valuable opportunities.

The true value of lead nurturing comes from the technique of staying in touch with prospects while providing them with the relevant information as they move through the evaluation and buying process. But, how do you get that delicate balance just right? 

I’ve gotten the okay to highlight 5 Nurture Campaign Time Factors from MarketingSherpa’s new B-to-B Lead Generation Handbook that will help you to fine tune the nurturing timing. MarketingSherpa uses real-life examples and charts to hit home these five factors, but here’s a quick look at them:

1.    Immediate welcomes
As soon as you receive a response to a lead generation campaign, you should rush out a welcome message in reply. It’s just good manners to acknowledge someone’s interest in your brand promptly.

2.    Lead Qualification Telemarketing
The velocity of follow-up matters. As soon as possible use telemarketing (aka teleprospecting) to qualify each lead.

3.    Interest-level Timing
Most prospects go through a variety of interest levels in your brand. Without being annoying, you need to stay in their radar until they decide to make that buying decision. Identify where they are in the buying process so you can share relevant information at the right time (i.e. should you share a case study vs. white paper? etc).

4.    Industry Timing
It’s a given that you may need to adjust your campaign timing to reflect your industry’s annual rhythms.

5.    Job Function Timing
Data shows that a decision maker is heavily involved at the very start and the very end of the process, but leaves the middle of the process up to the influencers. For your niche, you’ll need to investigate who gets involved at which point in the process so that you can segment your messaging. 

I encourage you to check out MarketingSherpa’s B-to-B Lead Generation Handbook. It is a  monster of a book, but I assure you it’s jam packed with practical, hands-on advice for B-to-B marketers.

Readers of my blog can save $250 off the book at
http://leadgenhandbook.marketingsherpa.com/

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