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An Interview with one of the "50 Most Influential Sales Lead Management Professionals":
Steven Woods, Eloqua

 

Company URL
http://www.eloqua.com
Who are your mentors and why?
I've always admired entrepreneurs and scientists who had the perspective to look at an industry, or an area of knowledge, and completely rethink it in a new way.
What is the most helpful advice you've received to improve your business?
The only secret to success in business is that there's no secret to success in business. Hard work, careful thinking, and taking good care of every client is the only sure way to succeed.
What is the most helpful advice you can give to help others improve their businesses?
Don't be terrified of what you don't know. Jump in, experiment, and figure it out. Very little is hard to learn, it's just intimidating from the outside.
How do you give back to the professional community?
I write extensively on how to do a better job of engaging with buyers. I work to provide anyone wrestling with today's marketing challenges with lots of example of other marketers who are tackling the same problems.
What is your favorite business book?
So many great ones... I'd have to say "The Essential Drucker" is probably one of the best for being deeply true and completely timeless.
What's your recommendation of the 4 steps?

 

Which 4 basic skills or process steps do you recommend?

1) Understand how your buyers buy
2) Find out how and where they get information at each step
3) Find ways to facilitate that process
4) Get sales involved at the points where they can offer maximum value

In your opinion, the best book on marketing is:
Positioning: The Battle for your Mind
Your reasons for choosing this book are:
A classic that digs deep into how buyers perceive and categorize what they are looking at.
What would you say to someone who asks what to do first in managing sales leads?

First, understand how buyers buy. Without that understanding it is impossible to know at what point it will make sense for a salesperson to get involved.

If someone wants to nurture sales inquiries what process would you recommend?

Nurturing is all about maintaining permission to remain in contact with your audience. Interesting, compelling, valuable, or entertaining content is the only way to maintain this permission and not have your audience "tune out". Think of that first and foremost, and only when you have maintained that permission should you ever think about selling to them.

What steps would you suggest to measure the ROI for sales inquiries?

Only by understanding where each lead is in an overall buying process can we then see what marketing campaigns do to move them forwards in the process. There is tremendous value, for example, in re-engaging "dead" or inactive leads, but this is difficult to measure unless you have categorized your buying cycle carefully and objectively.


About the Sales Lead Management Association
The mission of the Sales Lead Management AssociationSM is to help companies become successful in the critical business process of managing sales leads.  For more information call Sue Campanale at 714-637-6989.

 

Steve Woods - Eloqua
Years in Sales
Lead Management: 10

Eloqua

 

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