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New Gen B2B Marketing – What an SMB needs to know to market today.

Archive for the ‘Sales Process’ tag

Outbound Calling Advice: Dealing with “Send me some info”

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While a well designed and well promoted website can create leads for a company, it goes without saying that most companies will not rely on it entirely.  They will also supplement inbound marketing with outbound targeted calling; they will take a look at who their customer base is and why, develop a list of other companies that are similar, and start calling.

Success at this point will usually sound like “…interesting, send me an email with your info in it and I’ll get back to you”.  The big question is did they say it to be nice,  to get you off the phone?  Or are they genuinely interested? If they are not interested, you may have just set yourself up for a waste of time following up with them.  What you really want is insight into who on the “send me an email” list really is interested, who is actually engaged with your message.

One path to this insight is through a combination of a content-rich website, and marketing automation like ActiveConversion.  When they ask for the “more information email”, the email itself contains links that lead to the information/content.  With the ActiveConversion Outlook plugin installed, if they click on any of those links, you’ll see if they clicked through and what they looked at.

If they said they were interested, but didn’t click through on any of the informational links, well, not as qualified.  However if they clicked through and looked at multiple pages, and even more significantly, if they returned later for a second look at your website, notch them up as having passed qualifying test #1.

Keep in mind this same approach is useful when re-engaging with customers and old prospects.  Even deep into a relationship sell, being able to gauge how interested and engaged a prospect is with the new message you’re delivering is invaluable.

Webinar Recording- Learn How to Substantially Increase Your Trade Show ROI

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If trade shows are an important part of your marketing strategy then you understand that they are one of the best ways to do both lead generation and face-to-face networking with a large group of qualified prospects. After a trade show, companies struggle with following up on a long list of inquiries with attendees, most of whom are not sales ready, and get neglected by the sales team who focus on ‘hotter’ leads.

Yves Matson, Senior Account Executive at ActiveConversion, & Nancy Nardin, President at Smart Selling Tools shared some strategies and tactics around increasing trade show ROI.

Trade show webinar recordingAttendees learned how equipping their company with simple and easy to use marketing automation software drives several benefits that increase trade show ROI:

Other topics covered were:

  • Who is visiting your website right after a trade show
    - if you are “top of mind” enough for them to investigate you after a trade show, they are your best prospects!
  • How to automate an email nurture campaign after a trade show
    - instead of having sales follow up with the entire list, have them focus on those that show engagement, even if that engagement is months later
  • Track the effectiveness of various trade shows and compare the return on investment against each other

Download the recorded webinar from: http://www.activeconversion.com/webinar/webinar-june-2010-access.html

Download the presentation from: http://www.slideshare.net/activeconv/activeconversion-increasing-trade-show-roi

Global Petroleum Show 2010 Exhibitors; Find the needles in the haystack!

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Both before and after the Global Petroleum Show, companies seriously interested in you will likely visit your website. Knowing who is interested in your product and services (and especially when), is something that you can use to increase your trade show return of investment substantially.

Finding The Needles in the Haystack
Research on trade shows have shown that serious buyers will gravitate to doing their research online and arrive at your website both before and after the trade show. But trade shows like the Global Petroleum Show can have two huge wins for exhibitors; Opt ins, and after show website visits.

Opt Ins
By virtue of the fact they are going to the GPS show, anyone visiting your booth is qualified in so far as they are in the energy industry. When one of them asks to be scanned for more information they are doing what is the holy grail of  marketing; they are “opting in”.

When someone asks for their badge to be scanned for more info, you can email nurture them  while always leading off with “you are receiving this because you visited our booth”. Then use a new breed of software to notify you as to who keeps coming back to your website, or visited the right pages on your website; it will tell you who to call, who you stand the best chance of building a relationship with.

The Bigger They Are, The Less They Call
Every exhibitor at the GPS hopes for booth visits from big, sought after accounts. But ironically the bigger the account, the less likely they are to call you after a trade show for fear of salespeople chasing them months on end. Regardless though, if these big accounts are interested in your company they will likely visit your website after the show to investigate your company further. Again, knowing who is visiting, who is interested in your company, who you should target over the weeks and months following the GPS show can be a significant competitive advantage.

eHow To Guide
Here’s a quick eHow To Guide from ActiveConversion that further explains what I’ve mentioned above. Good luck at the Global Petroleum Show 2010!

Customer Centric: Laser Focused Listening

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Are you really listening to your customers? Quite often we’re so busy with the day-to-day work around our businesses that we don’t stop to really take in what our customers are actually telling us. More often than not we’re listening with a bias towards our current issues. This is completely natural. However, to be Customer Centric; throw aside your personal thoughts, issues, desires and really listen to what your customer is saying. Be fully focused on their agenda. Questions to ask yourself; What is their life like? What are their challenges? What helps make them succeed? What are they really telling you about your product or service?Listening

You’ll be amazed by the depth of understanding you’ll get. You will more clearly see the value your product or service is bringing to someone. You may even start to see patterns emerge in a particular subset of customers, perhaps even in a whole vertical market space. You may just find that competitive edge you’re looking for. Strangely enough, all you had to do was to listen, well, really listen.

Listening is a key skill for everyone in the organization. It is crucial to make listening a part of organizations communication protocol.  It should not be limited to just marketing & sales but should spread across other departments such as product and support. There are so many benefits, that listening skills should even be part of your hiring strategy! Because of the benefits of Listening, many smart organizations are actually training employees in listening skills. For all the advanced tools and plethora of ways to communicate these days, sometimes its the simple things that matters – just listen.

A Marketing Automation Guide to Increasing Trade Show ROI

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This is the sixth in the series of ActiveConversion’s very popular “eHow To” guides. This one deals with applying online marketing best practices to trade show marketing.  From the guide:ActiveConversion Increasing Trade Show ROI Substantially

Business to business (B2B) trade shows can be a cost-effective means of gaining valuable face-to-face interaction with many qualified prospects. Most B2B companies have a reasonable expectation that sales revenue will result from participation at trade shows. Yet too often, experience has shown that for many leads from trade shows the timing is too early in the sales cycle. This experience may explain why business executives are constantly dismayed that so few leads are actually followed up by their sales departments. Trade show industry research indicates that 80-90 percent of all trade show leads are not followed up.

What the guide advocates is that in addition to using marketing automation in the promoting of attendance pre trade show, a trade show booth is analogous to a website for the large number of “inquiries” that exhibitors come home with:

  • Most of these inquires are not ready to buy (95% according to the research)
  • They have opted-in to receive more information (so they are ideal for email nurture campaigns)
  • They need to be nurtured through a sales cycle so that in 3 or 6 or 9 months when/if they reach sales ready, the exhibitor is still top of mind
  • They need sorting (scoring of their behavior) to weed out the ones who are, and who are not, worth inside/outside sales resources.

But also key is the takeaway that companies need to know who is visiting their website (marketing automation platforms like ActiveConversion identify anonymous company visits, as well as labelled individuals).  The traffic that visits a company’s website directly after a trade show is often a key indicator of whom at the trade show they got some level of engagement with, especially if there are multiple visits from different individuals from the same company.

To download this eHow To Guide on why marketing automation can increase your trade show ROI, click here or on the image!

A Marketing Automation Guide to Sales and Marketing Alignment

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This is the fifth in the series of ActiveConversion’s very popular “eHow To” guides. This one deals with aligning a company’s marketing and sales departments so that they can work together seamlessly. From the guide:

B2B marketing is about driving sales, yet a common complaint from the sales department is that “Marketing throws leads over the fence!” Too often experience has shown sales that few leads from marketing are qualified and even if they are; the timing is too early in the cycle. Meanwhile the marketing department is constantly dismayed that so few leads are actually followed up by the sales department.

According to the 2008 Miller Heiman Sales Best Practices Study, only 37% of respondents agreed that their sales and marketing organizations are aligned in what their customers want and need [source]. Since sales teams want to prioritize on the buyers that have a better chance of closing, it makes sense to use to:

  • give marketing more of a role in the targeting and qualifying of prospects
  • use marketing automation to nurture prospects that are not yet qualified for hand-off to sales
  • give marketing the ability to auto-communicate to sales a lead’s activities and engagement level
  • prioritize for sales a large volume of leads based on qualifiers like company size and engagement

To download this eHow To Guide on why marketing automation can get your Sales and Marketing teams aligned, click here or on the image!

Sales 2.0 for Healthcare Industry Vendors

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This is a true story from my days as a sales rep for a Hospital Information Systems vendor.  As we were driving on the way to a sales call, my colleague gestured at a street sign and laughed, “See, our customers are so easy to find there are even signs pointing the way there!”  As healthcare industry vendors who focused on the multi-million dollar operations known as hospitals, HMOs and clinics, our situation was the opposite of most B2B companies whose main challenge is generating new prospects.

Which begs the question, if all prospects are known, why bother with a marketing automation solution if you are a healthcare industry vendor?  The main reason is probably timing.  A Sales 2.0 solution will identify which of those institutions are sales-ready at the exact moment in the sales cycle.  As a sales rep it is very advantageous for me to be notified when a hospital had downloaded a particular white paper, watched a video, or visited a certain page on our corporate website.  And more importantly, have that information delivered directly to my Salesforce.com account and with email at the moment it happens.  It goes without saying, that this would give me a huge competitive advantage due to knowing their TIMING. Hospitals and their constituent departments each have their own budgeting cycle so it helps to be alerted when funding might be kicking in.

Another reason is INTELLIGENCE.  Even if a hospital isn’t ready to purchase your healthcare product or service, an advanced  marketing automation solution will tell which ones are researching your offering.  And if you have multiple products, it will identify which of your products have attracted their attention.  Better products will even give you contact names, size of institution, location etc. This helps to qualify opportunities. You can even to put them on a ‘watch list’ so that you can tell when they re-visit and alert the right sales rep.

Today, leading healthcare industry vendors use Sales 2.o tools like this to be more competitive, more productive and more timely. They’re the guys who seem to ‘know’ where there are deals, and when they’re sales-ready.

Webinar Recording: How Lead Scoring Can Pump Up Your Pipeline

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Wondering if you’re wasting sales time or marketing budget? Or likely, both?!

In this free companion webinar to the eHow To Guide A Marketing Automation Guide to Lead Scoring, join Paul Uppal, Senior Account Executive at ActiveConversion, as he speaks with  his customer, Tim Lawler – Lead and Demand Generation Consultant at LMG Consulting, on how Tim successfully implemented closed-looped lead scoring systems with Active Conversion for his clients.

“The key is getting the user to click through the email to a landing page with the Active Conversion code.  That starts the lead scoring process (a download is not necessary).  After the first landing page visit, the user web activity is tracked  and scored going forward.”

Tim Lawler

Click to access the recorded webinar

Learn best practices on how to implement a lead scoring process, automatically manage leads, and focus your time on the best prospects to increase ROI by 30% or more.

Not all leads are created equally. A lead scoring system acknowledges this by assigning values to leads based on objective criteria. The lead score determines the appropriate action for that lead.

See real world tools and examples to help you shorten your sales cycle and make intelligent sales and marketing decisions.

A Marketing Automation Guide to Lead Scoring

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This is the fourth of ActiveConversion’s very popular “eHow To” guides.  This one deals with using Marketing Automation to score the behavior of website visitors, and those who click through on emails, so that they can be automatically sorted for prioritization.  From the summary:

Identify online behaviors that indicate interest or sales-readiness

Not all leads are created equally. A lead scoring system acknowledges this by assigning values to leads based on objective criteria. The lead score determines the appropriate action for that lead.

In establishing your system you should;

  • Identify online behaviors that indicate interest or sales-readiness
  • Assign point values to each of those behaviors
  • Establish a score that defines “Sales-Ready”

With a contemporary marketing automation solution like ActiveConversion, today’s B2B marketers can reduce costs and increase revenue through prioritization with lead scoring.

To download this eHow To Guide on why, when, and how to implement an automatic lead scoring plan for your business, click on the image!

A Marketing Automation eHow To Guide to Lead Nurturing

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ActiveConversion recently published an “eHow To” guide to Lead Nurturing that we at the SMB Marketing Blog would like to share with you (link, or click on the image at right).

From the landing page for the guide:lead nurturing guide

Lead nurturing is the process of communicating with prospects who are not yet ready to buy.

Only 10 to 25 percent of all leads are sales-ready. A similar percentage of leads are not qualified at all. This means 50 to 80 percent of all leads generated are potentially wasted if no appropriate action is taken.

With lead nurturing B2B marketers can realize significant benefits. Leads that are not sales-ready are not lost and significant online lead generation effort is not wasted. Automation of lead nurturing increases the ROI of all online marketing activities.

To download this whitepaper on why, when, and how to implement an automatic lead nurturing plan for your business, follow this link or click on the image to the right.

(eHow To Guides)