02 Nov |
The Many Faces of “Lead Generation” – Trick or Treat? |
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Halloween has come and gone again and each year one marvels at the ingenuity and creativity of costumes, masks and disguises. The trick-or-treaters come around no matter what the weather with their bags open and outstretched for candy. Not to forget the adults who dress up and grab their share of fun at work or with friends and family. For some players in the lead generation industry, Halloween is gradually becoming a year-round event. You can see all kinds of tools, techniques and tactics disguised as “lead generation strategies” to fool indiscriminate marketers. Just like those
Read more...09 Aug |
Who’s Running Your Marketing? |
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It’s not uncommon to see newbie, tech-savvy, social marketers display their impatience with the “grey brigade”. It’s equally common to see experienced, mature heads shaking disapprovingly at Generation Y who are “still green behind their ears”. The challenge in many B2B marketing situations is that it’s either the ‘grey’ or the ‘green’ in a position of power and calling the shots. Now ideally, the two should blend well so that new age technologies can be optimally leveraged with the valuable mingling of experience. Corporate America is seeing the increasing surge of
Read more...28 Jun |
Marketing Automation WILL NOT Help You Make More Sales |
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When was the last time everything that was meant to, or should have happened from a marketing perspective, actually happen? Marketing automation vendors would have you believe that their tool is the answer to all your needs – think again. These are the days of under-resourced and under-funded marketing departments. The funny thing is, in many instances, the finance departments are the ones enthusiastic about implementing this automation play as all they can envision is savings down the road. In reality, what ends up happening is that marketing turns their focus on feeding the automation
Read more...21 Jun |
Things they said at the B2B Demand Generation Summit… |
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Throughout the SiriusDecisions Summit this year, the message of “sales and marketing alignment” resonated loud and clear. That, in fact, was the theme – B-to-B Sales and Marketing: Forging a New Alliance. If you’ve been following closely, this theme has been a recurring one on my blog as well. Last summer, I wrote about connecting the dots between lead generation, sales and CRM. Around the same time, I offered a quick summary of inbound marketing trends and adoption of best practices for lead generation. Coming back to the Summit, speakers, John Neeson (co-founder of
Read more...21 Sep |
Demand generation — when pull not push seals the deal! |
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A case study on how the “Pull” strategy drives 98% lead acceptance from a sales team In my previous blog I commented on how demand generation goes beyond a leads database; that it involves nurturing true, qualified leads. I raised an important question about marketing strategy — Do you tend to push leads out to your sales reps? Or do you use a pull strategy where they can be productive and clinch the deal with home-grown prospects? I could go on about how the ‘pull strategy’ initiates lead acceptance, capitalizes on hot prospects and drives quicker results, but since we’re
Read more...08 Jun |
Make Sales Leads a Privilege, Not a Right |
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Want to significantly increase your B2B lead conversion rates and get your salespeople to provide near 100 percent feedback on lead status? Then stop sending them sales leads— seriously! Instead, set up an online lead distribution system that requires them to request each and every lead. This simple change can have a profound effect on your conversion rates. Why? It starts with human nature: all of us value something more if we have to pay for it or request it. When something is given to us for free or without consideration, we tend to value it less. Similarly, sales leads that are
Read more...19 Apr |
Effective B2B demand generation should not be complicated |
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Resurrecting the KISS Rule for Successful Demand Generation Richard Branson certainly doesn’t need more publicity, but when I read this Q&A article in Time Magazine, one of his answers really caught my eye: Q. Has your dyslexia hindered you in the business world? —Skye O’Brien, Dartmouth, Mass. A. Strangely, I think my dyslexia has helped. When I launch a new company, I need to understand the advertising. If I can understand it, then I believe anybody can. Virgin speaks in normal language instead of using phrases that nobody understands, like “financial-service
Read more...24 Mar |
Why Most “Spike” Marketing Campaigns Fail |
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Understanding 10-60-30 Rule of Demand Generation Companies often initiate tactical “spike” marketing campaigns to overcome a quarterly sales or lead shortfall. “Spike” programs are a series of “one offs” that may yield short term numbers. However, they are largely a self-perpetuating, wasteful mistake that can be avoided if you understand the 10-60-30 rule. Anytime you initiate a demand generation campaign that includes outbound telemarketing, you will discover that the prospects you contact will always fall into three categories: 10% are right time, right place audience,
Read more...16 Mar |
ALEA’s Universal Definition of A Lead |
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When Does a Lead Become a True “Sales Lead?” Your demand generation campaigns are bound to generate responses. But are these all leads, worthy of follow-up by your sales reps? Even inexperienced marketers know that the majority of responses are simply inquiries: people seeking more information or responding to a promotional offer. Distributing raw inquiries to your sales reps without at least some basic qualification mechanism to categorize the ones that are true sales leads can be a suicidal experience. So, the real question is: how do you identify a legitimate “sales
Read more...10 Mar |
Break Your Lead “Pusher” Habit for More Sales |
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“Pushing” sales leads out to field reps and resellers is a traditional industry habit for most B2B marketers that is terribly inefficient. Sales people, like all human beings, simply don’t value something as much if it is given to them without cost or condition. As a result, leads that are “pushed” to the field are often not followed up in a timely manner, resulting in poor conversion rates and lost sales opportunities. Implementing a “pull” lead management system, on the other hand, can produce dramatically better results. Because the lead has been specifically requested by
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