As an example, technology is outlined in the book as a barrier to entry. After receiving an e-mail your potential prospect has several options:

1. Read it and reply (highly unlikely)
2. Read it and discard it
3. Dismiss it as spam
4. Dismiss it as spam and block future e-mails from your address

More often than not the prospect will dismiss your e-mail as spam or simply ignore it The “Circle of Leverage“ is designed to help you to surpass this and other barriers, allowing you to get in the door.

So what is the Circle of Leverage? The circle of leverage system is a top down sales lead strategy that gives detailed steps on how to cause your potential customer to ‘want’ to let you in the door. According to the author this can be accomplished by activating one of your targets four ‘Key Engagers.’ The four key engagers are; your prospects fears, insecurities, competitiveness, or desires what Mercury Leads refers to as the “pain or gain” factor. For example, if your target fears what might happen if you aren’t let in the door, (missed opportunity) what will motivate them to give you the chance to present your ideas? Acting upon one or more of these key engagers will enable you to get your foot in the door with a highly qualified sales lead.

In total, the system includes 15 steps. There are ten preparation steps designed to expand your knowledge base of your potential client and five execution steps. After reading through all the steps of the Circle of Leverage system it is easy to envision a cohesive business development process. While this lead generation system is not guaranteed it does seem to be a sound concept. The real question is does it work. For Mercury Leads, it is a sales lead system that definitely seems to present good ideas on how to get in. At the same time, many of the ideas presented in the book seem redundant. Preparing and executing follow up steps have been a part of the sales lead process forever. The tactics that sets this book apart is what happens behind the scenes. Using several ‘leverage points’ the lead generation system is designed to cause your targets to be talking about you or your product before you even talk to them in person. This is where the aforementioned key engagers become essential in your pursuit of a sale. One example Boylan gives in the book outlines letters that he sends out to several targets in a business that trigger the competitiveness engager. In these letters he describes how he is already talking to several of their competitors about his product. Boylan believes the targets are much more likely to let you in the door because their competitive instincts compel them to learn what their competitors already know about you and your product.

This book describes a system that, on the surface, seems to be a bulletproof idea. However, this system seems a bit coercive at some points and, if placed the wrong hands, I could see how people could make some wrong turns. Nonetheless there are several good ideas presented in the book and was definitely a good read.  We give the book a thumbs up.

The Fifteen Steps:

Preparation:

1. Define what you need vs. what you want
2. Do your homework
3. Develop a prospect profile
4. Understand your prospect’s nature; key drivers such as competitiveness or opportunity for gain.
5. Crystallize the net benefits of your offer
6. Know your competitors net benefits and your key points of difference
7. Reality Check: Why do you deserve to get in?
8. Crystallize the net benefits of granting you access
9. Take stock of your firepower
10. Check your attitude

Execution

1. Prepare your initial communication and put it in play
2. Flush out your prospect
3. Dance, Sponge, and Reiterate
4. Align and champion your offer
5. Open their door

Book Review – The Power To Get In, by Michael Boylan is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

Q – B2B Magazine: With regards to SEO, briefly why would a B2B marketer be interested in optimizing their web site to bring in organic traffic? What do you say to companies that say, “Yeah, but we don’t sell stuff online, so it sounds like a lot of expense for not much gain.”

Mercury Leads Plvan: Over 93% of B2B buyers go online as much as 6 months prior to the actual acquisition of a product or service.  With this in mind, B2B marketers must admit that the website is the marquee for their business and SEO plays a pivotal role in your future.  This is even more important for B2B companies with long sales cycles and high ticket products or services, as the lead nurturing part of the equation becomes even more critical to overall marketing and sales success.  Search Engine Optimization is only part of the equation however, like a good direct response ad or direct mail package website marketers must focus on the WIFM” equation or what’s in it for me with their prospects?  If your prospective buyer comes to your website, after all of your hard work to push your rankings to the top, you’d better be able to convert them.  The core tenets of good Direct Marketing have a lot of crossover to search engine marketing with a less patient audience.  Statistically it’s been proven that website marketers have 8 seconds and 2.3 clicks to garner a conversion.  You need to be razor-sharp in your content creation while adhering to the complicated algorithms developed by today’s search engine requirements.

Q – B2B Magazine: What are some of the methods you recommend to gain rankings and own keywords?

Mercury Leads Plvan: First of all, extensive keyword research and competitive research should be conducted to make absolute certain that you are optimizing for the correct (keyword(s) phrases) you endeavor to be ranked and found by.  Secondly, adhering to the most current algorithm is critical.  This is a complex set of criteria which must be followed to the letter in order to gain search prominence.  As a way to “own keywords” and the associated phrases, marketers must view the SEO process as an ongoing investment in their future.  For high ticket sales, and undiscovered customers or segments, this investment is easily paid for.  Increasingly, fresh and informative content in the form of the blogging, landing or response pages, articles, white papers, virtual events, online PR, and pushing through the right social media outlets will serve to keep your content fresh and relevant in the eyes of the search engines, and this keeps you at the top.

Q – B2B Magazine: How should a company “think” of SEO, if it’s not used to operating like a web publisher?

Mercury Leads Plvan: Our experience has proven that all B2B companies have much to gain from good SEO, and that SEO should be viewed from more than just a customer acquisition perspective.  Future investors, strategic alliances, channel partners, international expansion, even acquiring key personnel are examples of other groups that can would be positively affected by great SEO.

Q – B2B Magazine: What kind of metrics do you recommend companies use when tracking SEO efforts?

Mercury Leads Plvan: At the base level, tracking unique visitors, page views, popular keywords, length of visit, and repeat visitors statistics can all be tracked easily with publicly available free tools.  Google Analytics as for example.  Many hosting facilities will offer an abundance of web metrics so factor this in your evaluation.   There are literally thousands of low cost tools that can leverage your knowledge about how successful your SEO is.  More importantly, our experience has shown that studying “the company you keep” and how you rank against competitors is equally important.  Again there are many tools available allowing you to track how you perform against these competing companies.  As the saying goes “offense wins games, defense wins championships”, by knowing what (keyword(s) phrases) your competition is using in both paid and unpaid search you can tilt the scale in your favor.

Q – B2B Magazine: Once a marketer successfully attracts a visitor to its website, what kinds of issues should they be thinking about vis a vis that person’s behavior? With all the options out there—email newsletters, blogs, content assets, opt-in promotional campaigns, contact forms, requests for calls—what kinds of questions should a company ask itself to maximize its Web traffic?

Mercury Leads Plvan: Two words are important here, “lead nurturing“!  As most of us know, today’s B2B marketers need to look beyond the “one-hit wonder”.  The C-Suite is particularly guilty of this as they are tied directly to company performance and are acutely aware of this.  Your goal, particularly in the event of a complex sales process is to gain share, and to keep top of mind with your prospect.  This is only done through multiple touch points with the prospect.  Too often, marketers place lengthy forms on their website, like anybody has time (see 8 seconds and 2.3 clicks above) to dedicate to this process. An alternative approach is to collect small bites of information and then formulate acquisition strategies which include many impressions over time nurturing the prospect.

Q – B2B Magazine: Ultimately, what is the most successful measure of an SEO effort?

Mercury Leads Plvan: For most companies, it comes down to sales but this shouldn’t be the only measure.  Referencing, my answers above however, the purpose of SEO can vary by stakeholder all of which can positively affect your organization by being at the top of search.  So why wouldn’t you prioritize SEO/SEM. You have everything to gain.

Contributing Journalist:

Jon VanZile – Freelance Writer B2B Magazine

jvzile@aol.com

Phone: (954) 788-4775

Fax: (954) 943-7092

My Website

Editing for Authors

LinkedIn Profile

My About.com Website

Mercury Leads Principal Interviewed by B2B Magazine is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

• 23 percent had bought the product or service advertised from the advertiser or a competitor.
• 67 percent said they were still in the market planning to buy.

And, looking back at older inquiries, they found that of those who bought:

• 11 percent purchased within 3 months of inquiring.
• 17 percent purchased within 4-6 months.
• 25 percent purchased within 7-12 months.
• 47 percent took more than a year to buy.

What are the best practices for lead nurturing?  To us it’s a combination of touch points that involves a multi-channel ongoing effort (not a campaign) to place your company “top of mind” with your prospects. 

A process which we’ve found to resonate with prospects particular if you’re doing lead generation of the complex sale involves some or all of the following:

• Targeted Profiling – The 40/40/20 rule in Direct Marketing of the importance of list/offer/package needs to be updated, particularly when you use your website and internet marketing as the lever. The list or prospect profile is vitally important. Mercury Lead’s experience has shown that up to 60% of your sales success can come from some simple tricks of the trade and a razor sharp profile.
• Intelligent Engagement – Requires highly trained teleprospecting talent who are expert in nurturing (there’s that word again) gatekeepers, and motivating the prospect to consent to the personal meeting, virtual event, or minimally future communications so you can win mindshare over time.
• Creating Interest – You can’t hook the big fish if you’re using the wrong bait!  All aspects of your lead nurturing effort need to be considered.  Today’s Chief Executives are increasingly being held accountable for performance and you will too.  Your brand or solution better come equipped with a quick path to ROI.  This requires that you articulate the WIFM (What’s In It For Me?) equation, through a multi channel lead generation process including targeted website and landing page content, killer value propositions,  all centered around your prospects problem or missed opportunity. 
• Call-To-Action – Remember in today’s impatient world you have 8 seconds or 2.3 clicks to make this happen or you lose the fish.  Every time you communicate with your prospect whether through a personal call, email, user group, or social mechanisms you need to provide a reason for your prospect to take action.  Some channels require direct and motivating CTA’s like pay-per-click advertising or vertical specific landing page deployment while other tactics are more of a soft sell.  SEO Search Engine Optimization and Social Media Marketing are examples, but in all cases a Call-To-Action is needed.
• Creating Thought Leadership – Let’s face it, the best lead generation strategies will yield a small percentage of immediate opportunities (or A leads) for your company.  What then happens with B& C opportunities?  This is where most companies fail to have a long term vision.  Mercury Leads has customers where up to 20 touches are planned over a period of 2 or more years.  This is particularly important when selling a high ticket item with a long sales cycle.  Creating thought leadership is done through creating value in your prospects eyes over time.  Tactically this can incorporate many of the channels discussed above, and you need to strategize what works best with your prospect.  There is a fine line between being informative, staying in touch with useful information and being obnoxious. 

Lead nurturing is very much like fishing.  You need to plan to fish in the right spots, have the best gear, and irresistible bait, but most importantly patience and you will catch your limit.

Lead Nurturing Your Prospects for Higher Yield is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

The difficulty for business is to find a purpose to communicate and then spend the time (the currency of our day), into a viable business strategy. It’s simply not useful for a business owner to tweet about news that isn’t inherently interesting outside the company because it’s self-serving and self-aggrandising.  The followers are almost always competitors or free-loaders rather than actual viable customers.  This last point is most crucial, because it provides the key to understanding the real power of Twitter.  Successful tweets are those that get retweeted by other users.  Most productive business people are too busy to respond to your tweet as opposed to more viable mediums such as direct B2B telemarketing, a virtual event, or primary research in the form of a whitepaper that helps your prospect evaluate your solution from arms length. In these examples a small business will struggle to produce anything that meets these criteria. And if that’s the case, the business must ask itself whether or not Twitter is a waste of its time and/or money.

Twitter is a Waste for B2B Lead Generation is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

When you stand back and look at what really makes a consumer buy something it boils down to trust. Sure the features, the packaging, the warranty, the status symbol, the logo, the brand history and a whole host of other factors come into play when determining if a product will be accepted by the general public, but do they trust the product enough to solve their needs? Does your product or service convey enough trust to make the consumer take a chance and spend their budget with your internet marketing company? What about B2B Buyers? B2B Buyers are not simply risking their personal money but the company’s money, as well as their reputation in the corporation. Are you, the sales lead generation company, doing enough to establish trust with your prospects? In this article I will discuss some direct marketing strategies you can do to establish trust with your prospects.

Rome wasn’t built in a day and neither is trust. You, as an internet marketing company, have to establish a reputation as a trustworthy and creditable organization. The best way to go about doing this is to build rapport with your prospects through ongoing direct marketing such as email or direct mail communications. Nobody likes to be bombarded with spam so give your prospects something. Through direct marketing you can give them something that will pique their interest such as an article you would like to share, a podcast, a webinar invite or helpful tips that make their job easier. The longer you are in communication with your prospects, the shorter the time it will take your prospects to learn to trust you.

When it comes to establishing trust it is nice to have proof of your creditability from an unbiased 3rd party organization. We recommend joining various respected sales lead generation or direct marketing trade associations or groups. One of the best things any company can do is join the Better Business Bureau. Once you have joined these organizations feel free to use their logos on your website and on any direct marketing communications you use on a regular basis. Another good idea is to freely share testimonials of other clients as well as client case examples. Attach some actual numbers as proof to show your prospects exactly how much your internet marketing company increased revenue or cut costs. Prospects will immediately feel more at ease with you as an internet marketing company, knowing others have been down the same path where they are about to go.

Another sales lead generation strategy you can use to immediately establish trust with your prospects is to create a guarantee program. If you are able, offer a no questions asked guarantee vs. a guarantee that has stipulations or hidden clauses. The more open you are with your guarantee the better. The guarantee, especially important in sales lead generation, acts like a safety net against B2B buyer’s remorse. The guarantee will help put the prospect as ease and they will be more willing to buy from your company now instead of doing more research or going with a competitor.

One of the biggest mistakes we as sales lead generation professionals see every day with clients is that their content is focused on them instead of the prospect. When a prospect reaches out to you, the internet marketing company, they are looking to fulfill a certain need they have. It is your job as a direct marketing organization to uncover that need and solve their specific problem. If you spend your time bragging about how long you have been in business for or that you offer quality products and service you will be pretty much wasting the prospects time. B2B Buyers have heard it all before. They are looking for tangible solutions to their unique problems from a fair and decent internet marketing company at an honest price. Spend the majority of your efforts focused on their needs not yours.

Lastly, learn to be patient. The majority of B2B Buyers are not ready to buy today. It takes diligence and commitment to win the hearts and minds of B2B Buyers. If you can stick it out for the long haul and really work on establishing relationships with your prospects; eventually those prospects will turn into life long clients.

Good Selling,

Paul J. Plvan
Mercury Leads, Inc.

Simple Direct Marketing Strategies to Establish Trust with Your Prospects is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

There are two main components to any undertaking, marketing related or not, that determine if the endeavor will be successful: Research and Testing.  All too often we see b2b lead generation campaigns falter because someone jumped the gun or failed to refine their processes until they were running at optimal efficiency. Today, I’m going to talk about the importance of marketing testing and how you can immediately improve your marketing campaigns through simple tests.

Sales lead generation is one of the more interesting sub-industries simply because things are constantly changing. New ideas, processes and technology make b2b lead generation an evolving science. It is because things are changing that, we as sales lead generation professionals, must constantly test our work to make sure we are getting the best possible gains from our efforts. Marketing testing is a great concept but is wasted if you don’t have tangible methods of testing.

Marketing testing protocol contains 6 major parts: the question, testing variables, metrics, validation, results and interpretation. You should establish a plan for these six components before any actual marketing test takes place. The question, pertains to what you hope to answer i.e. what conversion beckon will produce a better click through rate? Ask yourself what you are hoping to achieve to come up with a primary or secondary market research question.

In the testing variables phase you want to clearly describe what you are specifically going to test. Make sure to include what will become your variables as well as establish a control sample. For example if you are testing a new landing page to see which design works better, you need to establish various options to test. Option one could be a large table with details on the offer. Option 2 could be a small table with less detail. Option 3 could contain no table and only an offer and a form to fill out. The key is to test each one against one another and establish a clear winner.

The third marketing testing protocol is metrics. Metrics are considered the, “what” phase in a marketing test. You need to determine specifically what you are going to measure in your sales lead generation tests. This could be a number of different things from click through rate, conversion rate, number of times a whitepaper has been downloaded or the number of clicks on a flash piece to an a special offer. It really is up to you what you are going to test and what type of b2b lead generation strategy you are using.

The fourth testing phase is called validation. In the validation phase you are going to determine various factors regarding the actual marketing test itself. Such factors include the sample size needed to perform an accurate test, the time frame required to gather a sizeable test sample, the length of the test itself and any outside influences that might be a factor during a sales lead generation test. Some outside factors to take note of are selection effect (a biased sample), using skewed analytics software (using analytics software which interferes with the code of a website thus making the webpage display incorrectly) and the timing effect (running a b2b lead generation test during peak months or slow months or running a test on a weekend vs. a weekday.)

The fifth phase in marketing testing is the results phase. The results phase is fairly straightforward, it is important to keep accurate data throughout the duration of the test. The last phase of testing is interpretation. It is during the interpretation phase of a test where the most insight can be gained; not only for the specific marketing test but also for future tests. Notes and comments should be filed away so that you can learn from your experiment and build upon it at a later time.

One of the important aspects to keep in mind regarding testing in sales lead generation is to never stop testing. A common mistake b2b lead generation professionals make is to test once and then run with the results. Once you run a marketing test and achieve optimal results you should take your best results and see if you can top them. Many times if you run a marketing test three or four different times you will see better results than you previously thought you would. With some practice in testing you will start to see better results with your marketing campaigns.

To Your Success,

Michael Cordova

The Importance of Testing is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

World renowned telemarketing guru Jeff Gitomer once said, “You don’t get great selling in a day. You get great selling day by day.” This statement really personifies what it takes to be a great telemarketer. Sales is not a once and done process. In today’s business world, information is everywhere and is easily accessible. Companies looking to buy, now have options for them that were once unavailable. However, that doesn’t mean that C-Level executives won’t entertain a phone call from a professional b2b sales lead generation company. Even an expert telemarketer must now play by a new set of sales rules. I’ve outlined 10 steps to making an effective telemarketing call in today’s economy.

1.    Attitude – Before you pick up that phone your thoughts and emotional state have already determined if you will be successful or not. If you, the telemarketer, don’t have a good attitude, followed by expert knowledge and a true sense of passion the prospect is going to bail at the first opportunity. Be exceptionally well prepared with your product, script and b2b sales offer.  Prior to making that telemarketing call do something that puts you in the right frame of mind. Think of this time as warming up. Even Michael Jordan took practice shots before a game.

2.    The Opener – Once you have identified that you are communicating to the right person, present your value proposition in the first 30 seconds of the b2b sales call. Before the telemarketing call, craft an attention getter, typically referred to as the Value Proposition (Value Prop) or Unique Selling Proposition (USP).  This is the #1 reason that your prospect should remain on the telemarketing call with you.

3.    Find the Pain, Sell the Opportunity – In today’s business environment managers are increasingly being held accountable for costs and/or generating a profit. As a b2b sales lead generation expert your job is to identify the unpublished point of pain and explain  how your solution fills the void. Conversely, if your solution can increase unrealized sales or profitability, you, the telemarketer, are smart to present these opportunities quickly and succinctly.

4.    Interact – There’s nothing worse than a one-way conversation. Your prospect will soon exit the call.  An expert in teleprospecting lead generation is prepared prior to the call and probes the prospect for an opening to present their solution.    They do their homework and know the prospect, the company, and have a solid profile in hand prior to making the call.  They also have anticipated objections and can counter these with meaningful expert dialog enabling them to achieve their objectives for the call.

5.    People Buy From Experts – There is really only one reason b2b sales people thrive, they have more knowledge than the buyer. The professional telemarketer brings experience via their solutions that the buyer needs and doesn’t have. Telemarketing is the easiest and most efficient way to present these solutions to the decision maker and open the door to the demonstration.

6.    Focus on Maintaining – Your power questions should help guide the prospect to share what dissatisfies them most about their corporate situation. One tactic during a telemarketing call is to tell the prospect how you’ll stabilize their profits, safeguard against industry trends, overcome fear and abolish their worries. Prospects are just as motivated to maintain what they have as they are to buy something new.

7.    Practice Makes Perfect – Role Play. Rehearse in the mirror if you have to. Take the time to come up with a good script designed for teleprospecting lead generation and rehearse it until you don’t need the script. Then take it to the next level, pitch it without benefit of the telemarketing script.  If you’re the expert your product knowledge should allow you to succeed with the prospect pitch.

8.    Close – You’re saying this a no-brainer, but you’d be surprised at the number of telemarketing professionals that don’t have a defined path. You’re in charge of the call and need to stay in that position. Lead the prospect to where you envision and you will realize the predefined goals and objectives of your teleprospecting call.

9.    Cultivate the other 95% – In B2B sales it is may take to 5, 6, 7 or more telemarketing phone calls, webinars or face-to-face conferences to close the deal. During that time you need to build trust and credibility.  Position yourself and your organization as industry and thought leaders with articles, whitepapers, graphs, webinars, podcasts, testimonials and client case examples. Learn to read your prospect and present solutions to their objections. When the time is right don’t be afraid to ask for the sale. In telemarketing, persistence pays off. Each teleprospecting lead generation professional has their own style, learn which style works best for you then learn to refine it.

10.    Review – Take the time after each telemarketing call to review what you could have done better and then learn from those mistakes.

It takes a lot of time to become a great b2b sales lead generation expert. Remember, you will be rejected. You only fail when you quit. Don’t ever doubt yourself; with practice anyone can be a darn good telemarketer. To quote legendary teleprospecting connoisseur Red Motley, “Nothing happens until a sale is made.”

Good Selling,

Paul J. Plvan
Mercury Leads, Inc.

The Art of the B2B Sales Call is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

Ask any lead generation marketer what the most important aspect of a campaign is and you will get 50 different answers. Many marketers love to tout about how fancy their new CRM System is or how effective their pay-per-click ads are running. Those are all nice and well but these tools are only as good as the person using them.

In this Web 2.0 era we as lead generation marketers often forget that marketing isn’t about tricks of the trade, it is simply about what your company can do for your client. It boils down to sales and getting your client more them. So what is the most effective sales lead generation strategy to convert more prospects into sales? It all starts with the offer.

The offer is the most important aspect of any landing page, website copy, teleprospecting call or pay-per-click campaign. All too often the business offer is poorly written and does not emit an emotional response in the prospect. Companies tend to brag about how good their product is and how poorly the competition is doing. The fact is the prospect does not care about your industry reputation, how long you have been in business, what awards you have won or certification classes you have taken. The prospect is looking for specific information to help him/her make an important buying decision.

On average you only have 5-8 seconds to convince someone to stay on your website. If the prospect doesn’t find something compelling they simply go onto the next website. There are 6 characteristics of a great offer.

A compelling business offer is:

1.   Of Value to the prospect.
2.   Exclusive- something the prospect can’t get anywhere else
3.   Tangible- something the prospect can visualize
4.   Relevant- to the business or the prospect’s personal needs
5.   Easy to deliver message that is simple and clear
6.   Entertaining and Engaging

Hands down the most compelling offer is the informational offer. Your information should help the prospect research solutions quickly and effectively and ultimately solve their problem. The informational offer should include a strong appeal with high perceived value and be relatively low cost and risk to the prospect. It should be focused on taking action.

Put yourself in the prospects shoes when coming up with an offer by asking yourself these questions:

•    What is the best way to solve my business problem or corporate goal?
•    What solutions does your company offer to help me solve my problem?
•    What are all of the issues I should be concerned about when researching this problem?
•    How do I know what solution is best for my particular problem?
•    Who are the market leaders in the industry? Why?
•    What do peer reviews say about your company? Who can I trust?
•    What is a fair price I should pay for this product or service?
•    What type of ROI can I expect from this solution? What company will give me a fair assessment without inflating their numbers?
•    What other costs such as (training and support) will there be? Are these long-term costs?
•    How soon can we see the benefits from your solution?

Once you have addressed these questions you as a sales lead generation marketer need to come up with tangible solutions to these problems focused on getting the prospect to take action. At each stage of the buying cycle you should be gaining your prospects trust by lead nurturing with whitepapers, trend and 3rd party studies, webinars, flash videos, testimonials, case studies, e-books, competitive analysis of your company vs. competitors, ROI calculators, podcasts and seminars.

Keep in mind that your company is not in the business of selling products; your company is in the business of selling solutions. Once you focus on these aspects of lead generation marketing and lead nurturing you will start to see more prospects be converted into lifelong sales.

Yours in Selling,

Paul J. Plvan
Principal
http://www.mercuryleads.com

Writing a Strong Business Offer is Crucial in Sales Lead Generation is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!

In today’s tough business environment it is increasingly important to do 2 things very well as you execute your demand generation process:

• Have a well executed multi-channel communications strategy
• Create a closed loop lead generation process that includes a planned lead nurturing process

As a B2B lead generation and sales lead company we see these 2 items most often missed or just overlooked by Marketing Executives working on lead generation strategies. As you can see below independent research companies have validated that this is a major mistake. Consider these facts:

• Closed loop lead management process including database segmentation, lead qualification, lead scoring, and lead nurturing leads to 50% pipeline growth.
• Well-executed multi-channel marketing campaigns generate a sales lift ranging from 7-34%.
• Companies that develop nurturing programs increase their average order value by 47%.
• An estimated 70-90% of all leads generated by marketing are never followed up by sales.

This is indeed sobering information for Marketing Executives and their lead generation campaigns. These tactical elements are generally considered the most vital part of any lead generation process, and we have realized even higher lift than this in client lead generation and demand generation processes so the payoff is obviously worth the effort.

Discipline is the operative word and a great deal of it is required. Whether implementing these processes in-house or using an external vendor your job just may depend on accomplishing these aspects of your sales lead generation program. You have to look at this through the eyes of your target prospect. The C-Suite is more and more involved in key purchasing decisions of the organization. They also have the least amount of time. Therefore your communications, and messaging for demand generation has to be expertly coordinated in order to gain top of mind awareness for your product or service. To use a Mercury Leads analogy you have to “fish where the fish are”, the CEO, CTO, or CFO can be found in the most remote estuaries.

The statistics listed above are common sense but with a little discipline your company can prosper when other organizations and competitors are stagnant. I’ve attached a link to a document we’ve compiled over the past several years something we call “Lead Generation Facts of Life“. By taking your campaigns to the next level and exercising common sense and discipline your lead generation strategies will enjoy a substantial increase in overall performance. For other helpful white papers please visit our website and of course we welcome your comments.

Yours in Selling,

Paul J. Plvan
Principal
http://www.mercuryleads.com

C-Suite Demand Generation is a post from: Lead Generation Strategies: No Longer A One-Hit Wonder!