Company URL |
http://www.leadlife.com |
Who are your mentors and why? |
There is no one individual, but really a multitude of people from different disciplines and backgrounds that I have always turned to for advice. |
What is the most helpful advice you've received to improve your business? |
I have learned to evaluate what you're doing from the outside and not keep doing what you"think" people want, but do what they actually need. Keep asking your customers, prospects, and the marketplace what they need to be successful. And this is something that should be done by yourself directly into the market. |
What is the most helpful advice you can give to help others improve their businesses? |
- Care about your customers. Don't just say it, but really put resources and measurement behind it.
- Change/evolve your business to reflect the changes in the market (i.e. the Internet and the changing sales process).
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How do you give back to the professional community? |
As a thought leader in the lead management industry, I feel that I bring knowledge to B2B marketers through articles, webcasts, and speaking engagements. I am also an active member of the SLMA, where I help to provide information and resources to the organization through my various blog postings and educational articles. |
What is your favorite business book? |
Execution: The Discipline of Getting Things Done – by: Larry Bossidy and Ram Charan |
What's your recommendation of the 4 steps?
Which 4 basic skills or process steps do you recommend? |
- Make sure marketing and sales agree on what the common definition of a lead is within your organization.
- Understand what your prospects are looking to buy and realize that they are going to do extensive research online before interacting with your company. So, you will need to target your audience based on their specific needs, wants, and demographics.
- Nurture your prospects with relevant content that is of particular interest to them.
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Once the prospect has hit a certain threshold within your company and has become"sales-ready", get your sales team involved.
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In your opinion, the best book on marketing is: |
Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers – by Geoffrey Moore
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Your reasons for choosing this book are: |
It's still a classic…. Certainly some components have changed based on the many years since this book was published. I chose it because I like that Robert Moore really digs deep and demonstrates how we can aid our businesses in meeting our long-term goals. Moore presents the case that high-tech products require different marketing strategies from those in other industries, and how we should go about targeting them differently. He expresses how marketers need to create prospect profiles and target specific segments of the population rather than diving in and targeting the masses.
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What would you say to someone who asks what to do first in managing sales leads? |
The first step in managing your sales leads is to define what a sales-ready lead is within your organization. The essential element here is having marketing and sales mutually decide what truly comprises a sales-ready lead. Is this someone who downloaded three items from your Website and has the right title? Is it someone who downloaded something from the Website, is in the right industry and then was further qualified by telemarketing? Or, maybe it's someone who attended a Webinar? Whatever the definition, it is something that must be agreed upon by both sales and marketing. And crucially, it has to be a definition that can be accomplished through the marketing organization alone (this could include telemarketing and inside sales for some organizations).
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If someone wants to nurture sales inquiries what process would you recommend? |
There are always some basic elements of any lead nurturing process to consider:
- Timing of touches: How often you send out emails or direct mail, or how often you make calls, is very dependent on where your target leads are in the process and the complexity of your sales cycle. For example, we have some customers whose sales cycle is fairly short (two to three months) and in that case, it's not unusual for them to send out drip emails to their prospects every seven to ten days. Others with more complex cycles will have a much slower drip, not touching the prospect more than one a month.
- Content relevance: Nurturing success really comes down to how relevant the material you send to the prospect is. In other words, does the prospect care about the message you are delivering to them at that point in the buy cycle? If the prospect is at the research/education stage and you provide relevant (based on what they're interested in) materials to help educate them further, then they'll be interested. However, if at that same stage of the cycle, you start selling the prospect on the features of your solution – it's too early and they are likely to be turned off.
- Relevance to any demographic information you've captured: This can be as simple as inserting your office location that is closest to the lead's location in the email, or including relevant images based on their industry. Another item to think through is using the behavioral information you have tracked about the lead in order to follow up with related information. For instance, with marketing automation, it is now possible to track the lead's behavior so that you can better understand what they are interested in and where they spend time on your Web site or at a trade show booth. Take advantage of such knowledge by delivering follow-on materials that appeal to their interests and suggesting something that would be of further value to them.
Whatever lead nurturing you implement, keep it simple at first, evaluate how well it's working and grow it accordingly. |
What steps would you suggest to measure the ROI for sales inquiries? |
You need to assess and understand what's working and what's not. Also, make sure you have visibility into what people are clicking on, as well as what they are not clicking on, and make sure the metrics go all the way through the pipeline from initial interest to deals closed.
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