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March 2008 Newsletter

 
Welcome to our first issue of the SLMA newsletter. 
Since the SLMA debut we have had 4854 visitors from 51 nations viewing 14,058 pages. There are 90 articles in the content section from 26 different authors. From our initial announcement of the SLMA and the first Inquiry Management Study have had a great reception with mentions in more than 52 newsletters and magazines (just those we can track). 

Recently, we declared the week of June 9-13th as National Sales Lead Management week.  We are encouraging companies to use this week as their own platform to discuss the ROI for properly managing inquiries. 

Up-coming additions to the site will be a Book Giveaway (members only), and Sales Lead Blog from SLMA founders.  A short time after these appear, we will include a Job Center (jobs available listing), and a Book Store.  We have an industry board of advisors and soon a separate End Users Advisors Board.

Membership is at 291 from the following job titles:

 

Advertisers on the site are helping to support the constant updating of information, from new articles to new services. 

The popularity of the Sales Lead Management Association site for our community has been faster than expected.  It indicates the need for a specialized place where the subject of inquiry management and marketing ROI can be brutally and openly discussed.   In this community of thought leaders, let us all work together, to address the ever elusive subject of managing inquiries to manage sales and prove marketing's ability to create wealth.  

James Obermayer       Mark Friedman     Susan Campanale
Executive Director        Executive Vice President    VP Marketing and Membership

Ten Critical Success Factors to Turn Leads into Customers "…90% of marketing-generated leads are not acted upon by sales."

by Jim LaBelle, President of LEADTRACK™ Software 

The business adage of "nothing happens until somebody makes a sale" is certainly true but we all know that a great deal of work must be done before that sale is made. Our sales reps need to work as many as 10, 15 or 20 leads in order make a single sale. It is incumbent on management and the marketing department specifically, to make sure the sales reps get as many quality leads as soon as possible to help improve the numbers game. But simply generating leads is not enough. To be able to turn leads into customers a number of things must take place. Based on what we have learned from more than 25 years of helping companies optimize their lead management programs we offer the following insight summarized in Ten Critical Success Factors (CSF).
Read the entire article
.
 

 

2007 Sales Lead Management Survey Results

by The Velos Group and the Sales Lead Management Association 

Why is sales lead management ignored by some and championed by others? For 41 years, since the introduction of the first "inquiry management system," the value of inquiries and the follow-up by salespeople has been a constant argument and a source of frustration. From marketing departments that generate the inquiries, to salespeople who must follow them up and the inquirer who is ignored, everyone complains.

This Sales Lead Management Survey, was taken by 144 southern California, primarily small, private businesses. The results indicate we have not progressed very far in 41 years. 68.8% of those who took the survey still do not qualify inquires before giving them to their salespeople. 52.4% still have no formal process for compiling sales forecast reports. And 82.8% do not track the return on investment for lead generating investments.

 

Inquiry Management Job Description; AKA: Demand Manager, Lead Manager, or Sales Lead Manager

Provided by the Sales Lead Management AssociationSM

The Sales Inquiry Manager is responsible for controlling, reporting, and processing of all sales inquiries for the corporation. The person will report on the return on investment for each inquiry generated. Read the entire article.

Lead Management ROI - by Dick Lee, Commissioned by Performark

Imagine being a farmer who plants and tends field after field of crops using the latest and greatest machinery—only to go out at season's end to harvest by hand, letting most fields go unpicked. 

You don't want to be that farmer.

Nor do you want to be the company that wastes its sales lead generating investment by harvesting but a minority of the leads produced—at a time when some competitors are finally figuring out how to reap all they've sown. But the majority of B2B companies are that company. Why? To learn why, let's analyze how companies commonly but unwisely conduct sales lead programs.
Read the entire article
.

 

The Dreaded Qualified Sales Lead Deficit Syndrome

by Tom Judge - Instructor at Univ. of California Extension program and VP of Strategy & Business Development at Direct Marketing Partners

This scenario often comes to light when B2B selling firms are attempting to improve their sales and marketing process. Enhancements in sales training and marketing collateral are basic examples of some of the many possible tactics. However, even after such noble efforts, these firms very often continue to struggle with achieving corporate sales revenue objectives. In this scenario, evidence shows that the majority of sales reps often continue to struggle to hit quota.

An anemic revenue stream is a serious problem. Rest assured that senior management soon steps in and demands in-depth answers. Often the marketing-through-sales process is then analyzed. Under this scenario, it is determined that the company's sales process is not properly aligned with the marketing sales lead development process.
Read the entire article
.

Lead Generation, Secret Sauce;  Maintaining Multiple Contacts At Each Client Company Is A Proactive Step For Holding Lead

by Ronald Lang, President of Majestic Consulting Group, Inc.

What is your lead generation methodology? Do you send out a mass mailing in the form of "spray and pray" to hope for those few leads that need you? Lead generation is not easy, if it was, the economy would be in a boom and not just chugging along. Your overall business development process needs to be strategic and tactical at the same time.

Creating a business development vision takes risk, resources and luck. You can minimize the amount of luck you need if you develop your strategic plan accordingly. Many companies do not plan correctly and hope that at a tactical level, things are being done appropriately. Let's start with the three step process to a successful lead generation campaign.
Read the entire article
.

Ask The Experts -- as a member, you have access to our Ask the Experts resource linked here.

Smart Telesales for Technology Companies - learn more about The Vanella Group
Velocify offer
Vanilla Soft - Lead Management for Inside Sales Teams - Try us free.  The power of simplicity.
Lead Management and Lead Distribution from ClickPoint Software
Software Reviews
Link to inside sales
Rain Group. Learn more here.
Blogs We Like
VanillaSoft
ViewPoint|The Truth About lead Generation
NewLeads Blog
B2B Lead Generation Blog
SmartLead Blog
MarketBright
B2B Marketing Blog
Customer Experience Matrix
Direct Connections
eti Sales Support
Mac McIntosh's Sales Lead Insights
Marketing and Strategy Innovation Blog
MarketingProfs Daily Fix
MPM Toolkit
Sales and Sales Management Blog
Sales Leakage Consulting
Sales Performance Improvement Forum
Selling to Big Companies
The Complex System
The Innovative Marketer

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