The B2B Lead

Marketing Tips



Jump Start 2009 Marketing Programs, Now – B2B Marketing and Sales Tip #233

Ready, Set, Go! It’s a short year, 8 months to go and 12 months of results to deliver.

Planning since last Fall has been a challenge, chances are you’ve been holding off (or have ratcheted down) on your spending hoping the bad news would stop and you would be able to get to work as normal. Well it looks like that time has come. The economy seems to be coming back and now you’ve got to make up for lost time. Here’s a few ideas to jumpstart your lead generation initiatives:

  • Check out those web logs or unknown visitor reports, this is a great opportunity for you to start reaching out to companies who have already been checking you out. Once you’ve identified the companies, make sure you have the right targeted leads to market to. This is key to your program success.
  • Think and be positive/upbeat — get new content (that’s not talking about the recession). Make sure it’s everywhere – your social networks, your website, as a possible link in your email signatures, offered on your blog, your email programs and don’t forget to share it with your customers, this could be used in the introduction you need help with.
  • Dust off your old whitepapers, add some images and turn them into a new eBook. Use this refreshed content for your nurture marketing and email programs.
  • Put together a news release schedule, remember to include your keywords. Press drives website visitors. Make sure you have your Google Alerts set up so you know when someone picks up your news and don’t forget to check those weblogs and unknown visitor reports so you can market back to those checking you out.
  • Don’t forget your customers, they are your greatest asset. Talk to them. Ask them what they need from you. Ask them how you can better deliver your product or service and don’t forget to ask them for a referral or two. There’s no time better than the present to kick off a customer referral program.

The point is to get the most out of what you already have, be everywhere your prospects and customers are, and stay positive.

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Wednesday, May 6th, 2009

 

Easy Newsletter Content – B2B Marketing and Sales Tip #232

Newsletters have come a long way. They have evolved from printed pieces that were once mailed to e-Newsletters of many different flavors.  Some use newsletters to communicate with their customer base, some use them to grow their in-house database and some use them as a promotion vehicle for upcoming events, content or announcements.  If you’re considering putting together a newsletter, here’s a few tips to keep in mind as you putting together your program plans and goals.

  • Repurpose content you already have – Here at ReachForce we send out a monthly newsletter of the best B2B Lead tips from the last month.  We live in a busy world and we realize that people can’t stop by everyday and some people just prefer to have the content delivered to their inbox so we give them highlights once a month.  It seems to work, our newsletter list grows by 10% every month.
  • Event invitations and news announcements – Let them know what are you up to – whether it be a webinar you’re hosting or a live event your sponsoring and exhibiting at.  Newsletters are a great way to get the word out about where you’ll be.
  • News – make sure everyone knows when you’ve released a new version of your product.  Remember to highlight benefits not product features.  Also be sure to include a call to action to drive interest for cross selling and upselling opportunities as well as new customer interest.
  • Customer case studies – pick 1 and highlight your results. Be sure to include a link to the full case study on your website.
  • Want to know what your prospects or customers are thinking?  Ask them in a quick poll or survey.  People like giving their opinion and this says you’re interested in it.  You can post the result in the next newsletter.
  • Social networks or a blog?  Are you out there?  Do they know where to find you?  Here’s a great place to spread the word.
  • Don’t make it all about you.  The majority of the content should be useful and compelling to the reader and not a company promo.  Otherwise, you risk an increase in unsubscribes.
  • Don’t forget the newsletter sign up on your website, put it in as many places as it makes sense.  Remember this is helping grow your inhouse list for lead generation.

Bottom line is whatever you decide to do with your newsletter, the goal is to keep communicating!

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Tuesday, May 5th, 2009

 

6 options for searching Twitter – B2B Marketing and Sales Tip #230

After a couple of days out of the office I’m finally catching up on my Google Reader.  Mashable, one of my favorite sites, always comes through with great social media tips.  Twitter is definitely getting its fair share of airtime these days so for the Twitter obsessed, here’s a couple of options for searching Twitter to find what you need or want.

6 options for searching Twitter –

  • TwitterSearch – this one seems to be the most common as it is hosted by Twitter. Results show the sender’s avatar, a link to the original tweet, and a link to Twitter.com to reply…
  • Twazzupthis is Twitter Search on steroids. For any given query string, you can see results down the left column that are updated in real-time.
  • TweetziPerhaps the best element it has that neither of the above applications do, is the ability for real-time playing and pausing. See the blue “Play” button? If you click it, you can watch your trending topic gather steam; and you can hit Pause whenever you want.
  • Tweefind - If you want a basic search utility, Tweefind is it.
  • Flaptor – the key difference here is an RSS link, one click and you can get an RSS link of your results.

Of course you can find screen shots and more details of each of these on Mashable.  Thank you Mashable for the keeping us up-to-date and in the know on our ever changing world of social media!

Are you using any of these to help with your lead generation efforts?  If so, please share.

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Tuesday, April 28th, 2009

 

Targeting Someone Other Than the Cs and VPs – B2B Marketing and Sales Tip #229

By now you know that there is more than one person involved in a B2B buying decision.  The DMU (decision making unit) typically consists of the end user, key influencers, management, a financial buyer and others that have their hands in the decision to buy or not to buy.

It’s pretty easy to find the management decision makers with just a little research, but what about the others?  Here’s a few tips to help you identify and build out lead generation programs for those other than the Cs and VPs.

  1. Where have you been winning?  This is always a good place to start.  Hopefully your sales team helped you out a little here and included notes about everyone they talked to in the buying process.  If so, are you able to define their roles?  If not, don’t despair, you’re not alone and this is not the end of the road for you.
  2. Profile your best customers – talk to your best customer implementation team, talk to the sales person that sold the deal and if possible interview a few customers to better understand who all was involved in the decision to buy.
  3. Once you have your roles defined, do you have these people in your leads database?  Remember you are matching roles, not just titles.  If so, tag them with a role identity.  If you’re missing roles, call ReachForce, we can help you fill in the gaps.  (Sorry for the shameless promotion…sometimes it just happens…)
  4. You’re finally ready to start marketing to these people.  You are now able to build out very targeted programs focusing on key influencer and end user issues.  Here’s an example –
  5. Nurture – not all buyers are ready to buy at the same time so be sure you are nurturing all of your prospects as well as those involved in a sales cycle.  Here’s a few ideas for offers for your nurturing programs  -
  • Email analyst reports supporting the pain and possible solutions
  • Email customer case studies
  • Invite to webcasts
  • Be sure to share any new content you roll out (whitepapers, eBooks, etc.)

For best results, I recommend you engage with your sales team before launching your newly segmented programs and ensure they are onboard to provide guidance and feedback throughout the process.  To execute a healthy, ROI generating program it’s important to map out each step of the building process taking into consideration budget, timing and appropriate follow up.  Here’s a template if you need help.

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Monday, April 27th, 2009

 

Customer Marketing Segmentation – B2B Marketing and Sales Tip #225

We all know, not every customer is alike.  Customers buy for many different reasons.  Some buy to solve an immediate need, some buy a cure a specific pain point, and others know they need it but not sure how to get the most value out of your solutions.  As a marketer tasked with staying engaged with current customers, where do you start?

Start by segmenting your customers into groups that share common characteristics.  Talk to you sales team, spend some time with your customer implementation team, stay in touch your customer support team.   All of these people will help provide you more insight on how to reach out and target your communications with your customer base.   Try and figure out who has the best relationship with each customer and make sure you get regular updates when possible.

Here’s a few ideas on how your might segment your customer base for more effective, targeted marketing.

  • Who are your end users?  What is their role in the organization?
  • What pain points are your customers trying to address?
  • Do you have multiple products?  Do your customers use one or a combination of several?
  • Do you have different editions of your software or platform?  Each level will have different needs with your enterprise users having more complex problems and a higher level of sophistication.
  • Do you have some customers that need more education to achieve success?
  • Do you have some that are stretching the capabilities of your solution?  You might need a more sophisticated message for these people.
  • Are their multiple people in the customer organization using your solution?  These people probably care about different things, you might consider doing more customized outreach here.
  • Geographies/Firmographics – are their verticals or industries that are clustered together that use your product in a similar way?
  • You probably have some customers who have gone dark on you too, your message and offers to these people are definitely going to be different.

Don’t forget your cross sell and upsell opportunities.  You’ll want to be sure you are considering these things when crafting your messages.

Once you have segmented your customers, stay top of mind through monthly or bi-monthly communication.  Here at ReachForce, we send a monthly newsletter and one targeted email or direct mail to each of our customers every month.

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Friday, April 17th, 2009

 

Aligning Sales & Marketing Objectives – It’s NOT just March Madness – B2B Marketing and Sales Tip #220

Yesterday on The B2B Lead, we talked about how marketing’s job has changed over the last couple of years from generating general awareness to tracking leads from cold to close.  Gone are the days of dumping lists of random names into the top of the funnel for sales to sort out.  Well, guess what, it turns out they weren’t sorting them out.

According to SiriusDecisions, 79% of leads generated by marketing are not followed up on by sales teams.   Of the remaining 21%, 70% are disqualified by sales because of lack of budget, timing, or other reasons.   Furthermore, 70% of those disqualified leads go on to purchase the product or service from another vendor.

There’s a lot of talk about leaky funnels and marketing’s role in driving more leads to close but is this really possible if leads aren’t truly leaking out, they’re being rejected and kicked out by sales?

This makes me wonder.  Can better targeted lead generation programs be the answer to everyone’s woes?
I think so.

Here’s a few tips to think about before launching that next great program:

  • Before you kick off the next quarter, make sure marketing and sales TOGETHER define what a lead is.  Marketing leads are different than sales leads.  Be certain everyone on both teams understands this and how you’re handling the 2 groups.
  • Ask the sales team what is working for them.  Where are they winning? Who are the critical decision makers inside of these companies?  Make sure you are targeting the right companies and the right buyers inside.
  • What programs deliver the best leads?  And not just the best leads but leads that convert to customers.  Does this align with what sales says?
  • For those that are disqualified by sales for BANT reasons, make sure sales is able to pass those leads back for more nurturing.  Budgets and project timelines change all the time.  Because they don’t need you now doesn’t mean they won’t ever (just make sure you have the right buyer engaged, marketing to the right company with the wrong buyer won’t get you very far).

At ReachForce, marketing and sales are 1 team.  We know one can’t be successful without the other.

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Wednesday, April 1st, 2009

 

The Springboard Effect of Marketing – B2B Marketing and Sales Tip #219

B2B Marketers have been going through big changes the last couple of years.  With marketing automation tools/platforms coming on strong, so are the questions of ROI and the effect marketing really has on the top line.

Our jobs have changed, we are no longer responsible for just general awareness and filling the top of the sales funnel.  Instead, we are tasked with moving leads from cold to close and building a closed loop feedback system with Sales along the way.

Eloqua, one of our partners, has a new whitepaper, The Springboard Effect, that does a great job of describing how our roles have changed and what is now expected of a best-in-class B2B Marketer.

Here’s a few interesting bites from The Springboard Effect:

  • Jaap Favier, Vice President and Research Director for Forrester Research, emphasized that intelligence will be a key differentiator in the way companies survive a downturn.  “The name of the new marketing game: targeting.”

We love hearing this, it’s what we’re all about here at ReachForce.

  • Aberdeen Group says that “companies with best-in-class lead prioritization and scoring systems have a 192% higher average lead qualification rate than those that do not.”
  • According to SiriusDecisions, 79% of leads generated by marketing are not followed up on by sales teams.  Of the remaining, 70% of leads are disqualified by sales because of lack of budget, timing, or other reasons.

Ok – here’s the MOST INTERESTING part – SiriusDecisions goes on to say that 70% of those disqualified leads go on to purchase the product or service from another vendor.

WOW – look at all of the opportunity lost!

Interesting stuff here, be sure to check out the rest for yourself.

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Tuesday, March 31st, 2009

 

Choosing Social Networks to Drive More Leads – B2B Marketing and Sales Tip #218

It seems like everyday I hear about a new social networking tool and read another article about how to increase my Twitter following or maximize my Facebook presence.  You can’t be everywhere but how in the world do you go about choosing the right networks to participate in? I have found there are 3 questions to ask myself when choosing where to spend my efforts online:

  • What are these networks already talking about? - Most every social network has some sort of search tool. Plug in your keywords to see if your industry is already being talked about.  Sign up immediately and join the conversation if they are.  Don’t forget to include your Company name in the search.  Someone else may have already started the conversation about you.
  • Where are your competitors? – If your competitors have a presence there, you should too. To find out where they are, go to their website or blog and look for links like “follow us on Twitter” or “join our LinkedIn Group”. You should also head to some of the post popular social networking sites and see if your competitors have created profiles/accounts/pages.  Be sure to check for activity in groups and discussion boards like in Facebook groups and in LinkedIn Answers.
  • Where are your customers? – I think the best place to start is with your customers. Their activities should most closely mimic those of your prospects.  You can find out where they are by a quick survey to your customers.  Do you have a customer advisory board?  Use them to help you get started.  And there is always the hard way (not really all that hard but rather time consuming) which is to go out to different networks and search to see if your customers are already there.

Keep in mind that social networking is not right for every industry.  You definitely want to do your homework up front so you can be stategic in your social networking lead gneration.  If you feel like you are a little ahead of your time for your industry, I would start with something like LinkedIn.  It is the most professional of the networks out there and is kind of the gateway drug to other social networks.

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Tuesday, March 24th, 2009

 

SEO for Press Releases – B2B Marketing and Sales Tip #215

We launched our new search optimized website yesterday.  Thank you Leigh Anne for all your hard work!  After many months of research and lots of copywriting, we are all set and ready for the inbound leads to start pouring in.

As part of the new website launch we are also doing a PR blast.  Anyone that knows me well knows I’m not a PR person.  I get that it has its place but PR has always been very difficult to measure.  So instead of perfecting my PR skills, I’ve almost always outsourced this function.

But now, with social media and some pretty simple analytics we can see where we our visitors are coming from so we’ve built a PR program around the new launch.  To get over my dislike of writing news releases I’ve convinced myself that we’re doing these to support our SEO efforts as well as our overall awareness goals.

Here’s a few tips we used when drafting these announcements:

  • Writing for our audience – we want to be sure that our audience understands our news and sees the value in what we are announcing, this is key to supporting out SEO efforts.  Important thing to remember here is the news comes first, SEO 2nd.  You have to make sure you don’t confuse or dilute your news by trying to overuse keywords or keyword phrases.
  • Decide on your keywords before your start writing – this will help you make sure you are writing with these in mind.  Here, Leigh Anne keeps an updated list of our top keywords and keyword phrases on our white board, this way we’re looking at them every time we go to write something.  Trying to plug in your keywords afterwards will cause problems like I mentioned above.
  • Links, links, links – be sure to link keywords in your press release back to pages on your website.  Best strategy includes already having optimized these pages with the same keywords.
  • Optimize the important stuff – Be sure you are including your keywords in the most important places – your headline, your subhead, your boilerplate and your first paragraph.
  • Press Release Grader – once again, a cool free tool from the folks at HubSpot.  Just copy and paste your press release in and it will grade the release based on language, content and SEO.  Don’t worry if you score a little low at first, it will give you tips for improvement.
  • PRWeb – it’s what we use here – it’s worth it to upgrade (we use SEO visibility package).  You will be able to:
    • add links
    • add images
    • include in your own RSS feed
    • add Technorati tags
    • use SEO tools and statistics

We have seen some really great results since we started optimizing our releases.  From one release alone, we got over 100 new leads in a day.  It definitely makes the extra effort worth it.

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Wednesday, March 18th, 2009

 

New Programs for Inactive Leads – B2B Marketing and Sales Tip #213

It’s a new year and here at ReachForce we are in the process of analyzing all of our programs to determine which ones drive the most sales conversions.  Very quickly we realized that people that respond to our programs seem to over and over again.  But what about those that never respond?  They are killing our response rates and conversions.

With every program we as Marketers run we are able to bucket people into “responders” and “non-responders”.  We typically do different things with these two groups.  Responders can either move into other programs that try and further qualify the lead for sales or they go directly to sales/inside sales for more follow up and further qualification.

Now – what do you do with the non-responders and inactive contacts in your database?  By leaving them in the current mix, you’re only hurting your program ROI and possible sales conversions.  Continuing to do the same thing over and over again with these non-responders is insanity, right?

So instead of writing these people off, change up the mix and try something new with them.

In our 2.0 world, there are so many new possibilities for reaching your prospects in a way they respond to.  Here’s a few ideas to consider:

  • Webcasts – some people are visual learners and want to feel like they are interacting with live people.  Email them an on-demand webcast or invite them your next live webinar.
  • Podcasts – some people like to listen vs. read [a whitepaper or eBook]
  • Survey – we use explicit surveys here at ReachForce to gather lead qualifying information.  Now, yes we do incentivize people to take the survey but the results we get back are fabulous.  It helps our lead gen and sales team to prioritize their follow up and it helps us weed out no fits (also helping increase our next program ROI).
  • Social networks – where else are your prospects hanging out?  Get out there with them and try and make contact.  Remember you can’t enter the social world with your used car salesman pitch, people will roll their eyes at you and never interact.
  • Channels – are your prospects also customers of some of your partners, see if they can help with introductions or more insight into the prospect account.
  • Offers and Incentives – be sure to change them up and test what works best.

And if all else fails, it might be time to clean up your data.  Make sure you have the right buying contacts in the right companies or it doesn’t even matter what you are sending or offering.

With every program we put together here at ReachForce, our #1 goal is to drive more hand raisers.  That means we have to create programs using multiple vehicles.  Is vehicles the right word here?  Maybe not, but you know what I mean.

So how are you reaching those stubborn prospects that give you no signal of interest?  Hopefully you’re not just giving up on them …

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Thursday, March 12th, 2009

 
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