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What’s Working Best for Driving
 More Leads and Sales Today
       M.H. (Mac) McIntosh



         ©2012 M. H. McIntosh. All rights reserved.
Agenda
1   Three ways to increase your sales

2   Four rights to generate more leads

3   Triple your sales-ready leads
3 WAYS TO INCREASE SALES
Increase your sales by
1   Engaging more prospective customers

2   Identifying more qualified, sales-ready leads

3   Converting more qualified leads into sales
Although businesses spend on average
    4.8% of revenue on marketing
compared to more than 11% on sales,
   marketing is now responsible for
     bringing in 60% of the leads.
            Source: MarketingSherpa
Marketing-driven sales is
      more cost-effective




6
Marketing-driven sales results
• Exponentially more prospects being touched
  than via sales alone
• Up to 300% more sales-ready opportunities in
  the sales pipeline
• Salespeople becomes up to 50% more efficient
• Cost per sale drops by 25% or more
             Source: Clients of Mac McIntosh & AcquireB2B
A proven marketing-driven sales strategy
A proven marketing-driven sales strategy
   • Use lower-cost-per-touch marketing for
     prospecting, nurturing and qualifying


  Lower cost-per-touch marketing
A proven marketing-driven sales strategy
   • Use lower-cost-per-touch marketing for
     prospecting, nurturing and qualifying
   • Use your higher-cost-per-touch salespeople to
     demo, propose and close
  Lower cost-per-touch marketing   Higher cost-per-touch sales
The 4 rights to generating more leads
        and driving more sales
1. Focus on the right prospects
Focus on these prospects first
•   Most similar to recent specifiers/buyers
•   Who recently inquired
•   Currently visiting your web pages
•   Actively searching on the web
•   Already in your database
Build your prospect database
•   Clean up what you’ve already got
•   Append firmagraphic information
•   Determine those in your sweet spot
•   Append additional companies/contacts like
    those in sweet spot
2. Use the right media
The right media for lead
                 generation
   Pull (inbound)                Push (outbound)
• Online marketing             • Direct marketing
                                  – E-mail
   – Search Engine Marketing      – E-newsletters (other’s and your
       • PPC and SEO                own)
   – Industry portals             – Phone
                                  – Postal mail (if done right)
   – Directories
                                  Events
   – Social media marketing
                                  – Webcasts
                                  – Seminars
                                  – Virtual events
use a mix of inbound and outbound
       media for best results
• It’s like 1+1=3
Inbound marketing works best for
• Awareness
• Branding
• Lead generation
Content is the key to being
       found and generating leads
• In websites
  – Your own
  – Industry portals
  – Channel partners
• In your blogs, videos, slide-shares
• In your e-newsletter pages
• In social media (e.g. LinkedIn, Twitter)
What your prospects are thinking
      when they visit websites
• Is this what I’m looking for?
• Do they work with or provide services or products
  for businesses like mine?
   – My size? My industry? My location(s)?
• What’s different/better about
  this company/product/service?
• What’s in it for me?
• What should I do next?
Outbound marketing works best for
• Proactively communicating with key prospects
• Following-up, nurturing and qualifying the
  not-yet-qualified leads that represent
  3-out-of-4 of your sales opportunities
Don’t take my word for it
“We at HP have focused on driving [leads] by optimizing all of
the tools available, from digital marketing to telemarketing
and direct mail.”
   Juan Carlos Guerrero,
   Marketing Director-Enterprise Services, Storage and Networking
   HP

As a result Guerrero said qualified leads have increased 30%
to 40%.
                            Source: BtoBonline.com
3. Make the right offers
• Aligned with where your
  prospects are in their
  buying process
• To help move them forward
  in their buying process
  – From awareness to inquiry
  – From inquiry to consideration
  – From consideration to purchase
Your customers’ buying process
                                     Determine
             Reconsideration        Satisfaction
            (Buyer’s Remorse)
                                                   Acknowledgement
                                                       of Needs
   Selection
   (Purchase)
                                                               Decision
                                                              to Start the
                                                            Buying Process
      Investigation
        Of Options                                    Establish
                                                      Selection
                                 Determine            Criteria
                                Measurement
                                  Criteria
Your customers’ buying process
                                                  Determine
                          Reconsideration        Satisfaction
                         (Buyer’s Remorse)
                                                                Acknowledgement
                                                                    of Needs
  Prospects     Selection
  spend only    (Purchase)
                                                                            Decision
  5% of their                                                              to Start the
time in these                                                            Buying Process
    stages         Investigation
                     Of Options                                    Establish
                                                                   Selection
                                              Determine            Criteria
                                             Measurement
                                               Criteria
Your customers’ buying process
                                                   Determine
                           Reconsideration        Satisfaction
                          (Buyer’s Remorse)
                                                                 Acknowledgement
                                                                     of Needs
  Prospects      Selection
  spend only     (Purchase)
                                                                             Decision
  5% of their                                                               to Start the
time in these                                                             Buying Process
    stages          Investigation
       Yet            Of Options                                    Establish
  salespeople                                                       Selection
                                               Determine            Criteria
 spend nearly                                 Measurement
 100% of their                                  Criteria
 time in these
     stages
Make offers that align with where
  prospects are in their buying process
                                                                                             s   e
                                                             n                          rcha
                                                       ratio                    to   Pu
                  nqu
                     i ry                          side                     ion
                 i                           Con                         rat
       ess
           to
                                    iry t
                                         o                         n side
   ren                      In   qu                              Co
Awa
•Info kits
•How-to guides
•White papers
Make offers that align with where
  prospects are in their buying process
                                                                                          s   e
                                                          n                          rcha
                                                    ratio                    to   Pu
                  nqu
                     i ry                       side                     ion
                 i                        Con                         rat
       ess
           to
                                 iry t
                                      o                         n side
   ren                      Inqu                              Co
Awa
                             •Case studies
•Info kits
                             •Decision tools
•How-to guides
                             •Webinars
•White papers
Make offers that align with where
  prospects are in their buying process
                                                                                          s   e
                                                          n                          rcha
                                                    ratio                    to   Pu
                  nqu
                     i ry                       side                     ion
                 i                        Con                         rat
       ess
           to
                                 iry t
                                      o                         n side
   ren                      Inqu                              Co
Awa
                             •Case studies
•Info kits                                                    ssessments
                             •Decision tools
•How-to guides
                             •Webinars
•White papers                                                 onsultations

                                                              ustom demos

                                                              eminars
Types of offers
   Application notes        Free samples                Product comparisons
   Articles                 Free trials                 References
   Assessments              Gift with purchase          ROI calculators
   Case studies
                             How-to guides               Self-assessments
   Checklists
                            Information kits            Seminars
    Configurators
   Demonstrations           Lunch and learns            Tutorials
   Discounts                Needs assessments           Videos
   Buy-now incentives       News                        Virtual Events
   E-books                  Newsletter subscriptions    Webinars
   Executive briefings
                             Phone consultations         Whitepapers
                             Pricing                     Workshops
Tips About offers
• Tailor offers for your various buyer personas
• Create a suite of offers, each addressing the
  various steps in each persona’s buying process
• Educational offers often work best
• Create new offers by repurposing, refreshing and
  rebundling existing content
• A good title can quadruple response
4. Be there at the right time
Be there at the right time
• Use ongoing, multi-touch campaigns to stay
  in-sight and in-mind, and to increase the
  chance of being there when your prospect is
  looking for your kinds of products or services
  Tip: One-shot campaigns rarely work.
How often should you pro-actively
        contact prospects?
• From their point-of-view, frequency depends
  on relevance
• From your point of view, frequency depends on
     •   What happened last
     •   The value of the prospect
     •   The media used
     •   What relevant and useful information you can share
Avoid making
your prospects
  feel like this
How to identify more qualified, sales-
ready leads
Not all leads are sales-ready
The B2B lead development gap
Lead nurturing strategy
• Build sales-winning relationships with prospective
  customers as they move through their buying
  process
   – Awareness to inquiry
   – Inquiry to consideration
   – Consideration to purchase
• Concurrently attempt to identify the
  qualified (sales-ready) opportunities
Lead qualification and scoring criteria
     •   Firmagraphics               •   BANTS
          – Company size                  – Budget
          – Industry                      – Authority (role)
     •   Demographics                     – Need (application)
          – Job function                  – Timing
          – Job level                     – Size of the opportunity
     •   Behavioral                  • Overrides
          –   Forms filled                – Call to action
          –   Materials downloaded            • (e.g. speak to a sales
          –   Events attended                   engineer)
          –   Pages visited
          –   # of visits
40
A simplified overview of lead nurturing




Prospect
identified
A simplified overview of lead nurturing
                    Lead Nurturing
              (messages and offers aligned to
             the prospects’ buying processes)




Prospect
identified
A simplified overview of lead nurturing
                    Lead Nurturing               Competitor
              (messages and offers aligned to   bounces out
             the prospects’ buying processes)




Prospect
identified
                                            Sales Ready
A simplified overview of lead nurturing
                    Lead Nurturing               Competitor
              (messages and offers aligned to   bounces out
             the prospects’ buying processes)




Prospect                                                      You get
identified                                                    the sale
                                            Sales Ready
One company’s approach to lead nurturing
 • Email (to everyone possible)
 • Telemarketing
    – To all new, not-yet-qualified prospects (inquirers, show
      leads, website visitors, etc.)
    – To high value suspects as follow up to email or direct mail.
 • Direct mail
    – To those without email addresses and opt-outs
    – As part of your lead nurturing campaign (e.g. email, email,
      email, direct mail)
The key to lead nurturing success
          is being relevant
• Lead nurturing is like dating
• Understand your prospective customers
   – Develop personas
• Focus on helping them buy
• Provide content/offers that appeal at all stages of
  the buying cycle
   – awareness>inquiry>consideration>purchase
Develop personas
•   Job
•   Age
•   Education
•   Situation
•   Problems
•   Personal issues
•   Goals
Lead nurturing tactics that are
        working best today
• Shifting from single media to multi-media
  campaigns
   – Email + phone
   – Email + VDP mail
   – Email + VDP mail + phone
• Shifting from one-touch campaigns to ongoing,
  multi-touch campaigns
• using if/and/or/then tracks, messaging and offers
Additional lead nurturing tactics that
  are working best today (continued)
 •   Third-party offers (e.g. industry reports)
 •   Personalized landing pages (PURLs)
 •   Online events (webinars and virtual events)
 •   Direct mail using variable data printing (VDP)
 •   Video email
Recommendation: Understand your marketing-to-sales
                          funnel
            Marketing Touches

                  Inquiries (Responses)

                       Marketing Qualified Leads

                              Sales Accepted Leads

                                      Sales Qualified Leads

                                                Closed Sales
Want to learn more?
• Learn more about Mac and his sales lead generation consulting and
  marketing automation services at AcquireB2B.com
• Send an email to mcintosh@acquireb2b.com to request your free:
   – Sales Lead Calculator™ spreadsheet
   – Sales lead Success Checklist™
   – B2B Marketing Technology Insights® subscription




                                                       51
Thank you!
   M. H. (Mac) McIntosh
mcintosh@sales-lead-experts.com
       +1-401-294-7730
      @ B2B_Sales_Leads
  www.sales-lead-experts.com
     www.acquireb2b.com
Copyright Notice
       ©2012 M.H. McIntosh. All rights reserved.

Do not reproduce, distribute, transmit, display, publish or
    broadcast without express written permission.

The names of actual companies and products mentioned
herein may be the trademarks of their respective owners.

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What is working best for driving more leads and sales today

  • 1. What’s Working Best for Driving More Leads and Sales Today M.H. (Mac) McIntosh ©2012 M. H. McIntosh. All rights reserved.
  • 2. Agenda 1 Three ways to increase your sales 2 Four rights to generate more leads 3 Triple your sales-ready leads
  • 3. 3 WAYS TO INCREASE SALES
  • 4. Increase your sales by 1 Engaging more prospective customers 2 Identifying more qualified, sales-ready leads 3 Converting more qualified leads into sales
  • 5. Although businesses spend on average 4.8% of revenue on marketing compared to more than 11% on sales, marketing is now responsible for bringing in 60% of the leads. Source: MarketingSherpa
  • 6. Marketing-driven sales is more cost-effective 6
  • 7. Marketing-driven sales results • Exponentially more prospects being touched than via sales alone • Up to 300% more sales-ready opportunities in the sales pipeline • Salespeople becomes up to 50% more efficient • Cost per sale drops by 25% or more Source: Clients of Mac McIntosh & AcquireB2B
  • 8. A proven marketing-driven sales strategy
  • 9. A proven marketing-driven sales strategy • Use lower-cost-per-touch marketing for prospecting, nurturing and qualifying Lower cost-per-touch marketing
  • 10. A proven marketing-driven sales strategy • Use lower-cost-per-touch marketing for prospecting, nurturing and qualifying • Use your higher-cost-per-touch salespeople to demo, propose and close Lower cost-per-touch marketing Higher cost-per-touch sales
  • 11. The 4 rights to generating more leads and driving more sales
  • 12. 1. Focus on the right prospects
  • 13. Focus on these prospects first • Most similar to recent specifiers/buyers • Who recently inquired • Currently visiting your web pages • Actively searching on the web • Already in your database
  • 14. Build your prospect database • Clean up what you’ve already got • Append firmagraphic information • Determine those in your sweet spot • Append additional companies/contacts like those in sweet spot
  • 15. 2. Use the right media
  • 16. The right media for lead generation Pull (inbound) Push (outbound) • Online marketing • Direct marketing – E-mail – Search Engine Marketing – E-newsletters (other’s and your • PPC and SEO own) – Industry portals – Phone – Postal mail (if done right) – Directories Events – Social media marketing – Webcasts – Seminars – Virtual events
  • 17. use a mix of inbound and outbound media for best results • It’s like 1+1=3
  • 18. Inbound marketing works best for • Awareness • Branding • Lead generation
  • 19. Content is the key to being found and generating leads • In websites – Your own – Industry portals – Channel partners • In your blogs, videos, slide-shares • In your e-newsletter pages • In social media (e.g. LinkedIn, Twitter)
  • 20. What your prospects are thinking when they visit websites • Is this what I’m looking for? • Do they work with or provide services or products for businesses like mine? – My size? My industry? My location(s)? • What’s different/better about this company/product/service? • What’s in it for me? • What should I do next?
  • 21. Outbound marketing works best for • Proactively communicating with key prospects • Following-up, nurturing and qualifying the not-yet-qualified leads that represent 3-out-of-4 of your sales opportunities
  • 22. Don’t take my word for it “We at HP have focused on driving [leads] by optimizing all of the tools available, from digital marketing to telemarketing and direct mail.” Juan Carlos Guerrero, Marketing Director-Enterprise Services, Storage and Networking HP As a result Guerrero said qualified leads have increased 30% to 40%. Source: BtoBonline.com
  • 23. 3. Make the right offers • Aligned with where your prospects are in their buying process • To help move them forward in their buying process – From awareness to inquiry – From inquiry to consideration – From consideration to purchase
  • 24. Your customers’ buying process Determine Reconsideration Satisfaction (Buyer’s Remorse) Acknowledgement of Needs Selection (Purchase) Decision to Start the Buying Process Investigation Of Options Establish Selection Determine Criteria Measurement Criteria
  • 25. Your customers’ buying process Determine Reconsideration Satisfaction (Buyer’s Remorse) Acknowledgement of Needs Prospects Selection spend only (Purchase) Decision 5% of their to Start the time in these Buying Process stages Investigation Of Options Establish Selection Determine Criteria Measurement Criteria
  • 26. Your customers’ buying process Determine Reconsideration Satisfaction (Buyer’s Remorse) Acknowledgement of Needs Prospects Selection spend only (Purchase) Decision 5% of their to Start the time in these Buying Process stages Investigation Yet Of Options Establish salespeople Selection Determine Criteria spend nearly Measurement 100% of their Criteria time in these stages
  • 27. Make offers that align with where prospects are in their buying process s e n rcha ratio to Pu nqu i ry side ion i Con rat ess to iry t o n side ren In qu Co Awa •Info kits •How-to guides •White papers
  • 28. Make offers that align with where prospects are in their buying process s e n rcha ratio to Pu nqu i ry side ion i Con rat ess to iry t o n side ren Inqu Co Awa •Case studies •Info kits •Decision tools •How-to guides •Webinars •White papers
  • 29. Make offers that align with where prospects are in their buying process s e n rcha ratio to Pu nqu i ry side ion i Con rat ess to iry t o n side ren Inqu Co Awa •Case studies •Info kits ssessments •Decision tools •How-to guides •Webinars •White papers onsultations ustom demos eminars
  • 30. Types of offers  Application notes  Free samples  Product comparisons  Articles  Free trials  References  Assessments  Gift with purchase  ROI calculators  Case studies  How-to guides  Self-assessments  Checklists   Information kits  Seminars Configurators  Demonstrations  Lunch and learns  Tutorials  Discounts  Needs assessments  Videos  Buy-now incentives  News  Virtual Events  E-books  Newsletter subscriptions  Webinars  Executive briefings  Phone consultations  Whitepapers  Pricing  Workshops
  • 31. Tips About offers • Tailor offers for your various buyer personas • Create a suite of offers, each addressing the various steps in each persona’s buying process • Educational offers often work best • Create new offers by repurposing, refreshing and rebundling existing content • A good title can quadruple response
  • 32. 4. Be there at the right time
  • 33. Be there at the right time • Use ongoing, multi-touch campaigns to stay in-sight and in-mind, and to increase the chance of being there when your prospect is looking for your kinds of products or services Tip: One-shot campaigns rarely work.
  • 34. How often should you pro-actively contact prospects? • From their point-of-view, frequency depends on relevance • From your point of view, frequency depends on • What happened last • The value of the prospect • The media used • What relevant and useful information you can share
  • 35. Avoid making your prospects feel like this
  • 36. How to identify more qualified, sales- ready leads
  • 37. Not all leads are sales-ready
  • 38. The B2B lead development gap
  • 39. Lead nurturing strategy • Build sales-winning relationships with prospective customers as they move through their buying process – Awareness to inquiry – Inquiry to consideration – Consideration to purchase • Concurrently attempt to identify the qualified (sales-ready) opportunities
  • 40. Lead qualification and scoring criteria • Firmagraphics • BANTS – Company size – Budget – Industry – Authority (role) • Demographics – Need (application) – Job function – Timing – Job level – Size of the opportunity • Behavioral • Overrides – Forms filled – Call to action – Materials downloaded • (e.g. speak to a sales – Events attended engineer) – Pages visited – # of visits 40
  • 41. A simplified overview of lead nurturing Prospect identified
  • 42. A simplified overview of lead nurturing Lead Nurturing (messages and offers aligned to the prospects’ buying processes) Prospect identified
  • 43. A simplified overview of lead nurturing Lead Nurturing Competitor (messages and offers aligned to bounces out the prospects’ buying processes) Prospect identified Sales Ready
  • 44. A simplified overview of lead nurturing Lead Nurturing Competitor (messages and offers aligned to bounces out the prospects’ buying processes) Prospect You get identified the sale Sales Ready
  • 45. One company’s approach to lead nurturing • Email (to everyone possible) • Telemarketing – To all new, not-yet-qualified prospects (inquirers, show leads, website visitors, etc.) – To high value suspects as follow up to email or direct mail. • Direct mail – To those without email addresses and opt-outs – As part of your lead nurturing campaign (e.g. email, email, email, direct mail)
  • 46. The key to lead nurturing success is being relevant • Lead nurturing is like dating • Understand your prospective customers – Develop personas • Focus on helping them buy • Provide content/offers that appeal at all stages of the buying cycle – awareness>inquiry>consideration>purchase
  • 47. Develop personas • Job • Age • Education • Situation • Problems • Personal issues • Goals
  • 48. Lead nurturing tactics that are working best today • Shifting from single media to multi-media campaigns – Email + phone – Email + VDP mail – Email + VDP mail + phone • Shifting from one-touch campaigns to ongoing, multi-touch campaigns • using if/and/or/then tracks, messaging and offers
  • 49. Additional lead nurturing tactics that are working best today (continued) • Third-party offers (e.g. industry reports) • Personalized landing pages (PURLs) • Online events (webinars and virtual events) • Direct mail using variable data printing (VDP) • Video email
  • 50. Recommendation: Understand your marketing-to-sales funnel Marketing Touches Inquiries (Responses) Marketing Qualified Leads Sales Accepted Leads Sales Qualified Leads Closed Sales
  • 51. Want to learn more? • Learn more about Mac and his sales lead generation consulting and marketing automation services at AcquireB2B.com • Send an email to mcintosh@acquireb2b.com to request your free: – Sales Lead Calculator™ spreadsheet – Sales lead Success Checklist™ – B2B Marketing Technology Insights® subscription 51
  • 52. Thank you! M. H. (Mac) McIntosh mcintosh@sales-lead-experts.com +1-401-294-7730 @ B2B_Sales_Leads www.sales-lead-experts.com www.acquireb2b.com
  • 53. Copyright Notice ©2012 M.H. McIntosh. All rights reserved. Do not reproduce, distribute, transmit, display, publish or broadcast without express written permission. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.