B2B Lead Generation Blog

Learn the New Rules for Selling to Crazy-Busy Prospects

For those of us in marketing and sales, our jobs are even tougher thanks to the busy lives of the decision makers we're trying to reach. Overwhelmed, impossible deadlines, crazy busy - these are just some of the words today's decision makers are using to describe their lives at work - and probably outside of work as well.

The biggest hurdle we need to overcome is cutting through the clutter to show the decision makers information that is relevant and that will help them make their lives easier.

That’s why I’ve invited Jill Konrath, author of Selling to Big Companies and her excellent new book SNAP Selling: Speed Up Sales and Win More Business with Today's Frazzled Customers (May 2010) to help us address these issues.

During this webinar, you'll learn:

• How being super-busy impacts your prospect's thinking and their expectations of you.
• What factors your prospects use to determine if they'll continue the conversation or send you to the dreaded "D-Zone" where you're deleted, delayed or dismissed.
• The four new SNAP Rules for selling as applied to your prospect's First Decision.
• How to leverage the "mind meld" to increase your success rate significantly.

Watch recorded webinar on demand (no registration required)
Get the slides (no registration required)

BtoB 2010 Lead Generation Guide just published

BtoB Magazine just published their 2010 Lead Generation Guide. The guide contains information about trends, expert columns, market statistics and vendor lists.

Here's a few of the articles that I found relevant in the guide:

• Social media tips for demand generation
• Maximizing online content to fuel conversations, conversions
• Creating e-mails that generate leads
• Finding new ways to maximize your list
• Telemarketing can still ring up sales
• 7 tips on using e-mail to drive webinar attendance
• Reach customers throughout sales cycle and beyond
• Data and Charts

I recommend you check it out.

5 Steps To Creating A Lead Gen Machine & The Predictable Revenue That CEOs Love

In a recent post I talked about the most important B2B marketing metrics to CEO’s or what I believe CEO’s should be measuring. All too often Marketing is measuring one thing while the CEO’s are asking a question those measurements don’t answer. 

The biggest challenge for marketers is the quality vs. quantity tug-of-war. I think most realize quality leads are what sales wants (and the ones that will close) but the quantity of leads always seems to be top of mind with CEO’s which force marketers switch focus and bring in lots of leads instead of quality leads. What happens next? The CEO doesn’t see revenue (lots of leads don’t equal good leads) and then gets frustrated that marketing isn’t providing any ROI.

So, how do you build a lead generation program that generates quality leads, creates revenue, and meets your CEO's goals? To answer this question I’ve invited Aaron Ross, CEO of PebbleStorm and the author of "PREDICTABLE REVENUE: Lessons Learned From Growing Salesforce.com’s $1 Billion Sales Machine."

During the webinar you’ll learn: 

• How to build a lead generation machine that will predictably generate leads month-after-month
• How to ensure sales follows up on every lead
• The two things CEOs care MOST about that you must understand
• A simple 6-step call agenda to help salespeople convert new leads into qualified opportunities

Get the slides (no registration required)

100 Tips for Trade Show Lead Generation

Lead generation remains the top reason most companies exhibit at events and tradeshows. And B2B marketers are constantly looking for ideas they can use to drive more ROI from their events budget.

I came across this helpful post by Mike Thimmesch on 100 Trade Show Lead Generation Ideas that's worth checking out. The following is a sampling of Thimmesch's tips that I though were useful:

4. Go to fewer trade shows, but put more effort into booth staff preparation and promotions for each remaining show.
6. Track leads to determine and expand in the shows with the best ROI
9. Get a booth space closer to the hub of traffic, or by a bigger competitor
28. Have your sales people invite their prospects to visit your booth and set up meetings in advance
29. Send an email invitation to the show’s pre-registered attendee list for this year, and the registered attendee list from last year
30. Use social media to reach more attendees
32. Post your trade show schedule on your website with a link to sign up for appointments
45. Giveaway something useful to your target audience
46. Have a contest for attendees in your booth

After reading the list of 100, here’s a few more tips I would add:

1. Follow-up quickly after the event. Think about your follow-up process before the event happens not afterwards.
2. Create event follow-up content pieces, talking points and email templates for your sales team to use to add value and continue the conversation in a relevant way rather than "pitching" everybody.
3. Develop a nurturing track that for event attendees connects with the theme or the content of the event. Try to do this at least for a few months at minimum.
4. See the event as a conversation (or conversation starter) not a acampaign. Don't stop the dialog. Brainstorm ways you can keep the dialog going.

What other tips would you add to this list?

Related posts:
Lead Generation tips for Tradeshows Conferences

LinkedIn B2B Lead Generation Roundtable Group Turns One

Last year, I launched the B2B Lead Gen Roundtable Group on LinkedIn. It started with a simple goal: to create a group to discuss and share ideas that focus on the many  aspects of B2B lead generation such as lead nurturing, lead management, teleprospecting, social media and more.

We didn’t start the group to become the biggest; we just wanted it to be the best.

Amazingly, in less than a year, the group has grown to over 5,062 members with hundreds of discussions and thousands of helpful comments. With a such big community, It takes time to manage the spam and to keep the group focused but Brooke Bower (our fearless group manager at InTouch) is doing a great job. In fact, Brooke was written about in this post Go for Brooke by Michael Benidt and Sheryl Kay.

Thanks to all of the members whose contributions make this group a success. I can’t wait to see what another year will bring.

Join the B2B Lead Gen Roundtable on LinkedIn

Lead Generation 2.0 Critical Success Factor #9 Effectiveness

I recently wrote about the 8 critical success factors for lead generation 2.0. Then #9 came to mind – effectiveness. Simply put, make the most of what you have. Its too easy to fall into the trap of selling everything to everybody, or deluding yourself that the reason for more leads isn’t access to endless resources.

Check out the MarketingExperiments Quarterly Research Journal. It's a 112-page publication is full great ideas to help you boost your lead generation, website, email, social media and make your overall marketing more effective. I contributed some research in the report on lead nurturing too.

Also, I think you'll find this post, "On Effectiveness: Think more, and do less" relevant too. It gives tips on how to become a "strategic quitter" so can focus you energy where you'll make the biggest difference with your marketing and lead generation and marketing.

Related Resources
2010 Online Marketing ROI Tour - boost your online marketing effectiveness

8 Critical Success Factors for Lead Generation 2.0

The single biggest issue for B2B marketers is effective lead generation. I wrote an eight part series on building an effective lead generation program a while back. To help readers who missed the series, I pulled all the posts together in order.

In this series, you'll read the following posts:

1: The Right Mindset: Conversations, not campaigns
2: Sales and Marketing - One Team
3: Develop and intensify your Ideal Customer Profile 
4: Clear and Universal Lead Definition
5: Treat your marketing database as a valued asset
6: A Multi-modal lead generation portfolio approach
7: Effective lead management
8: Lead nurturing for lead development

You may also find this ebook that connects with the series relevant.

Ebook: Start With a Lead: Eight CRITICAL Success Factors for Lead Generation

View more presentations from Brian Carroll.

Can you think of other critical success factors I’m missing?

5 dials to tune in your lead generation process

It's important to think of lead generation as a process, rather than an isolated event, or a series of campaigns. A process can be continually improved through ongoing testing and refinement and will generate higher quality results more cost effectively (i.e. reduce expense-to-revenue ratio) and improve overall ROI.

Think about your lead generation process as being controlled on a mixing board. Let’s start with 5 of the biggest dials on the board so that we can start to tune in and turn up our lead generation ROI:

Dial 1 - "Turn up" lead quantity. Increase your program response rates across multiple lead generation channels to drive more inquires. Get more of the right people in the right companies to respond across multiple tactics through testing.

Dial 2 – “Turn up” lead quality. Improve your lead qualification process to increase “sales ready” lead conversion rates. Delivering leads that your sales team really wants based on your universal lead definition.

Dial 3 - “Turn up” sales team pursuit and feedback. Create joint service level agreement between sales and marketing to reduce time-to-sales follow-up. Ensure that "sales ready" leads are being fully engaged by sales.

Dial 4 – “Turn up” the number of certified opportunities in pipeline. Focus on improving your lead management and lead nurturing process. Build your marketing pipeline to increase your sales pipeline.

Dial 5 – “Turn up” closed sales. Focus on developing pipeline acceleration programs to shorten your time-to-revenue. This requires marketing to go beyond demand generation to help sales reduce friction in order to close more sales.

The mixing board analogy seems even more appropriate as you think about continuous process improvement. As the process develops you will need to consistently make adjustments to the dials as you respond to feedback and spikes in the flow. This is not a "set it and forget it" endeavor.

I hope this gets you thinking about making beautiful music.

Related Posts:
Lead generation optimization: Finding the right amount of friction

Lead scoring thoughts to share

Recently, I've been having more conversations with marketers about lead scoring and how they can use it as a part of the overall lead qualification and nurturing process.

The question "what is lead scoring?" also came up during the "Broad Reach + Intelligent Lead Nurturing = Increased Revenue" webinar I participated in yesterday with Scott Mersy of Genius.com, Andrew Gaffney of DemandGen Report, Ardath Albee of Marketing Interactions.

So, what is lead scoring anyway?
Here's how I see it. Lead scoring helps quantify the value of a lead based on: the profile of the prospect, behavior (online and/offline), demographics and the likelihood to buy within a defined time frame. Often there is explicit User-Supplied Data (e.g., Registration Forms) and Implicit User-Tracked Behavior (e.g., what content have they engaged?) included in the scoring as well.

Lead scoring can be helpful, but when you have a complex sale, it's just only part of what's needed to qualify sales ready leads. It’s the human touch of conversation that provides the certainty that a lead is sales ready and that comes from the many nuances gleaned from a personal interaction.

I've noticed a lot of marketers with a complex sale are using lead scoring as the only means of lead qualification before they route leads to their sales team.

Lead scoring is not a substitute for human touch. Rather, it prioritizes where you need invest the human touch.

Still, the recipe for implementing a lead scoring program remains largely a mystery for most marketers. This subject deserves more attention than I am giving it in this post, but I will explore this in more detail in future posts.

To start, here are the main elements of lead scoring:

1. Targeting/Messaging/Calls-to-Action (right people, right companies?)
2. Explicit User-Supplied Data (e.g., Registration Forms)
3. Implicit User-Tracked Behavior (e.g., what content have they engaged? online and offline)
4. Phone Qualification & Discovery
5. Sales Qualification & Discovery

Points 4 and 5 are areas that often get overlooked and may lead to the expectation that leads are sales ready, when they may not be. Lead scoring and automation support a process of lead qualification, but there are more fundamental aspects of lead management that often get overlooked.

Share your thoughts or questions on lead scoring in the comments.

Related post:
B2B Lead management is far from an easy task

Webinar: Beyond Lead Generation - Helping Sales Drive Revenue with Jeff Thull

The purpose of B2B marketing and lead generation is to help the sales team sell; however marketers can often get so wrapped up in driving campaign activity they seem to forget it's about driving sales conversion and helping the sales team achieve better results.

Join me and Jeff Thull, author of Mastering the Complex Sale, Second Edition and President/CEO of Prime Resource Group, for a complimentary webinar where you'll learn how to help sales:

• Establish relevancy, credibility and trust
• Receive executive sponsorship and privileged access to the organization
• Build and prove the financial case for your solution
• Ensure the solution is prominently on the executive's dashboard
• Win more predictable and profitable sales

Watch recorded webinar on demand (no registration required)

Related post:
Going beyond the sales lead