The B2B Lead

Sales and Marketing Tips



Lose Control of Your Marketing – ReachForce Book Club

Lose Control of Your Marketing is the latest eBook from David Meerman Scott.  It is mostly composed of excerpts from his new book World Wide Rave.  Readers of The B2B Lead already know I am a huge fan of Mr. Scott, especially his book, The New Rules of Marketing and PR.  However, the ideas presented in this eBook were a little hard for me to accept whole-heartedly.  As the name suggests, he encourages marketers to take down any barriers to their content and lose control to allow their ideas/content to spread.  As a bit of a control freak and one who lives by the mantra that everything marketing does must be measured, I had a bit of an internal struggle while reading this eBook.

According to David, You need to think in terms of spreading ideas, not generating leads. A World Wide Rave gets the word out to thousands or even millions of potential customers. But only if you make your information easy to find and consume.

One of the most difficult ideas for me to accept is the idea that sales leads are the wrong goal.  Isn’t my number one goal as a marketer to provide qualified leads to Sales?  David’s most compelling argument is that he has seen content downloads multiply by as much as a factor of 50 when a registration form was taken off.  I don’t know that I could ever take down every form on my website, but it is worth a shot on an eBook or two, just as a test.

The last part of the eBook focuses on how organizations should create a social media policy for its employees.  At ReachForce we are very open to allowing all employees to participate in social media, but if you are trying to create your own social media guidelines, David gives some great tips.

Helpful hint: if you are strapped for time you can probably skip pages 16-21.  And if you really don’t have time to read this eBook at all, let me leave you with David’s main point: The biggest requirement is that you change your behavior, so let me remind you of the most important strategies for successful marketing in a world of social media:

  • Stop obsessing over the old measurements of sales leads and marketing ROI.
  • Make your valuable online content free and registration-less.
  • Give away lots of good information (videos, photos, data, graphs, audio, blogs, e-books, and the like) to enthusiastic or curious people interested in your products and services.
  • Encourage an organizational culture of sharing.
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Monday, May 18th, 2009

 

Adding Custom Links to Hoovers, Google and Maps in Salesforce – B2B Marketing and Sales Tip #238

A few weeks back the Eloqua Artisan blog spotlighted posting up links within your CRM system to connect your CRM and LinkedIn, it’s a very helpful post that walks through how to better enable your Sales team with seamless integration between your CRM and LinkedIn.  Prior to reading this post I had done some similar linking within our salesforce.com instance and were inspired to share.
A few of the items we’ve linked into our Lead records:

  • Hoovers Profile
  • Map It!
  • Google It!

So now for the how-to:

  1. I (as our salesforce.com admin) opened up the set-up page, under “App Setup” and from the “Customize” menu selected “Leads” and then “Buttons and Links.”
  2. Select “New” button, once the New Button or Link interface opens up, you’ll want to put information in all of the boxes that have a red line alongside them (those are mandatory).  Using our “Hoovers Profile” button as an example, you’ll want to fill in the Label and Name with the appropriate information.
  3. Under Behavior you’ll want to make an appropriate selection, I have it set up to display in a new window and since this is replicating a search string, the Content Source is URL.
  4. In the larger box with formulas and fields, I dropped in the following:  http://search.hoovers.com/cgi-bin/hol_search?which=company&query_string={!Lead.Company}
  5. After you’ve entered your formula/search string, select ‘Save.’
  6. Now you’ve got a button, you need to add it to your Lead Record.  Select the “Page Layout” menu under “App Set Up,” “Customize,”, “Leads,” “Page Layouts.”  Decide which of your page layouts you’d like to edit and choose ‘Edit.’
  7. Once the interface for editing the lead layout appears, you’ll want to select ‘Custom Links’ (noted in blue below) in the gray box and find the link you created (it’s name will appear).   From there you can drag it and drop it within the links portion of the Lead record.
  8. Hit “Save” and you’re done.

Here are the strings I use for the buttons we’ve added:

  • For a Google Search:
    http://www.google.com/search?source=ig&hl=en&rlz=1G1GGLQ_ENUS275&q={!Lead.Company}
  • For a Map:
    http://maps.yahoo.com/py/maps.py?cn={!Lead.Country}&csz={!Lead.City}+{!Lead.State}+{!Lead.PostalCode}+&addr={!Lead.Street}
  • For a Hoovers Company Profile:
    http://search.hoovers.com/cgi-bin/hol_search?which=company&query_string={!Lead.Company}

This has been a great help to our sales reps to give them a little more info about their prospects and has been a huge time saver.

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Friday, May 15th, 2009

 

Market Like it’s 1999 – B2B Marketing and Sales Tip #237

Remember 1999?  The tech bubble had yet to burst, times were good and our biggest worry was Y2K.  Back then marketers had a positive attitude and spent time tailoring messages to their audience around how the benefits of their product would help the prospect.

We all know that times have been tough this year, we don’t need to be reminded in every email, direct mail, blog post and webinar invitation we get.  If I want to be reminded, I just look at my stock portfolio :( . This is a plea to all marketers out there, STOP talking about the recession.  Don’t remind your audience that their budgets have been cut or that they are now a man down.

If your prospects have had budget cuts and layoffs, there is no need to remind them of the current economic state; they live with the reminder every day.  Instead, now is the time to focus on the positives.

Here are some reasons why you should NOT highlight the recession in your next marketing message:

  • Stand out from the crowd.  If you are sending out the same  ways to recession-proof your X, as everyone else, your message will be lost.  I automatically delete any email or webinar invite I get that has the word recession or economy in it.
  • You are subtly reminding your prospects that their budgets are shrinking and that they should be spending less.  FYI- your goal is to sell them something meaning you want them to spend more.
  • Now is the time to really highlight how you are going to save your prospects time and money.  Make them feel like your product is the one thing that cannot be cut from the budget.
  • Perception is reality.  As long as the media and we as marketers continue to propagate the idea that we are in a recession, then we will be in one.  We can all do our part to be more positive.

My point is that we all know we are in a recession and although things are beginning to look up, we don’t need every marketing message to remind us of our budget cuts and staff losses.

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Thursday, May 14th, 2009

 

10 signs your in-house database needs help BEFORE you launch another program – B2B Marketing and Sales Tip #236

Part of my job here at ReachForce is helping our customers with a quick analysis of their marketing database and then helping them update and repair the company and contact information needed for their lead generation programs.  Here’s a list of 10 things I see in almost every marketing and sales database I’ve looked at:

  1. Names are mis-mashed up with erroneous information.  Examples:
  2. John “No Longer There” Smith
    Jenny (female) Jones
    Byron (buy-ron) Doe (Dough)

  3. Web-to-Lead forms have left you with a lot of trash.  Examples:
  4. First Name    Last Name    Email                         Company
    Test              Test              test@test.com           None
    None of        Your              absc@asklfjsl.com    Business

  5. Your Customers are still listed as your prospects.
  6. You have multiple copies of any one person.
  7. Employees of your company are listed as prospects.
  8. You have records created with companies someone wants to target but no contacts, instead of holding a valid contact your CRM is being used as a place holder.  OR, you have holey records, pieces and parts of a contact but no whole contact.
  9. Examples:
    First Name    Last Name      Email                           Company
    Find Name    In Hoovers      na@na.com                 Microsoft
    IT                  Dept Mgr        na@na.com                 Exxon
    Amy              H.                   ???@reachforce.com    ReachForce
    L.                  Wallace           ???@Reachforce.com   ReachForce

  10. Phone numbers are missing digits and/or area codes.
  11. Bad or Blank email addresses.
  12. Invalid or incomplete mailing addresses – maybe you don’t do direct mail, but chances are you need this for something…
  13. You have no way to segment your data.  Do you have information on these companies in a standardized format, for instance all tech companies have some kind of tag, or all operations contacts have a specific designation? If not, how are you segmenting your data? Wouldn’t it be easier if everything had the same system of tagging applied to it?

Is is not the most exciting or the most glamorous part of campaign planning but getting your database in order will have a huge affect on the success your marketing programs.

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Wednesday, May 13th, 2009

 

The Right Collateral Mix to Really Support Sales – B2B Marketing and Sales Tip #235

Your collateral mix – do you have everything you need?  Does your sales team think what you’ve created useful pieces that help drive the sales cycle?  How do you know or decide when to add something new to the mix?

Wikipedia defines marketing collateral as the collection of media used to support the sales of a product or service. These sales aids are intended to make the sales effort easier and more effective.

As Marketers we should be doing regular reviews of our sales support collateral.  Here at ReachForce our marketing team is responsible for not only driving new leads into the top of the sales funnel but also marketing to those who have made it into and are moving through the funnel.   Each quarter as we are building out our programs we spend a good deal of time making sure we have the supporting pieces (collateral) we need to get the results our sales team is counting on.  This means we have to really think through our buying cycles and what is needed to generate interest as well as keep people moving once we’ve determined they are a viable prospect.

Here’s some interesting stats from a BtoB article, Finding the Best Collateral Mix,  back in January.  It highlights content strategy services company Eccolo Media’s survey of 155 technology buyers, all of whom said they’d made or influenced a b-to-b technology decision in the last six months. Each was asked specifically about how they consume marketing collateral.

  • White papers remain the most effective piece of marketing collateral, with 86% of respondents finding them moderately to highly influential in the purchasing decision.

Interesting – I’d love to know more about these whitepapers.  How long are they?  Are they grouping eBooks here? And what stage of the buying cycle are these being used?  I’m guessing in the “gathering information phase?”

  • Product brochures and data sheets were the most frequently consumed collateral type, yet they were also most frequently ranked as the least influential.

I consider these must haves and I agree that most people probably don’t read them but people seem to ask for them so you have to have them.

  • Somewhat surprisingly, the majority of respondents viewed digital content on the desktop rather than printing out the content.

Not really surprising to me.  We seem to be more conditioned and comfortable getting all information online.  Printing it doesn’t give it more credibility. And hey Al Gore, your message is getting out there….

  • The majority of respondents (54%) used collateral for the first time in the presales cycle, before they’d spoken with a sales rep or had had any contact with the company.

Interesting, not surprising but interesting.  This means we have to make sure we have everything online.  This doesn’t mean you need new content just make sure what you have is out there.

So all of your marketing communication marketers out there – your sales team needs you.  Before you start your long list of things to write, ask your sales team if each piece on your list will help them win a new customer.  If not, scatch it and ask them what they need instead.

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Tuesday, May 12th, 2009

 

Get Your Questions Answered on Twitter – B2B Marketing and Sales Tip #234

Ever wonder what your prospects or customers are talking about on Twitter?  Or are you looking for a way to build your Twitter following with people that have similar interests?  Well, here’s a few places to get out there and ask some questions.

First, a shout out – Thanks again to Mashable for finding and compiling these kinds of lists, 5 Ways to Get Your Questions Answered on Twitter by Stan Schroeder.  Its great information and we want to be sure our B2B Lead readers know this stuff is out there.

  • IKnowTweet.com - This simple site searches Twitter for phrases such as “does anyone know?” and “why does?” and collects them all at one place.
  • ToAnswerBy far the most elegant of the sites listed here, ToAnswer lets you ask questions on Twitter by simply prefixing them with @toask. The answers are displayed in a nice Twitter-like interface, and questions are asked through a lightbox-style window that opens with your Twitter account. Looks like this site is down right now but they’ve put up a funny video until they get more server space.
  • TwttrStrmTwttrStrm is an interesting and slightly more complex service that combines Twitter with Squidoo and its “lens” approach to answering questions. Basically, you ask a question on Twitter, but instead of merely getting short answers, Squidoo will create a brand new Lens with a bunch of information on the topic you’ve asked about.
  • Twtpoll - There are many ways to ask a question; a poll is one of them, and twtpoll lets you create polls on Twitter. You ask a poll question, add some answer options (you can choose if it’s a one answer or multiple answers type of poll) and you’re done. You can share the poll via Twitter, email or Facebook.
  • twitQA - twitQA is a very new site that lets you ask questions in different categories such as sports, travel, health, business & finance, cars and the like. Instead of using hashtags, twitQA recognizes questions and fetches them directly from the Twitter feed, which makes populating the question database easier.

You’ll definitely want to check out Stan’s thoughts on each of these.  Once you try them out, come back and let us know what you think.

P.S.  B2B Lead readers – if you don’t have Mashable in your Google Reader, add it today.

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Thursday, May 7th, 2009

 

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

 

Sales – Here is How to “Work” Your Data, Love Marketing

Dear Sales,

Now that we’re on the same page about the data, let’s talk specifics on how to make this happen.

  • You know that we work hard to segment the data before it goes into campaigns, so first, get to know how we segment things.  Talk to us, find out why we do things the way we do and who gets batched together.   Seeing the world the way we do will help you better understand why certain types of contacts are getting certain messages and will help you better reach out to and tailor your messages to those contacts. We are open to your ideas too.  You know your prospects better than we do.  Help us to help you.
  • Get to know the companies in your database, ask for help from Sales Operations or export a report of your prospects.  Spend time learning about each company on your list, what do they do, who do they sell to, what events do they attend, make yourself an expert on them so that when you talk to them they feel like you really do know them and their pain points.   Make notes in the record so that you don’t lose track of this valuable information.
  • Do you use mail merge fields in your emails or letters?  If so, then really spend some time cleaning up the names of prospects and their companies.  Make sure people aren’t listed like this: “John NO LONGER THERE Smith” or “Jane SHE IS A REAL JERK Doe” – there is a notes section in your CRM, use it!
  • If you’re using salesforce.com, set up views that capture activity, for instance, if your marketing automation tool integrates and marks activity on prospect records, set up a view where you can see that kind of activity.  Keep tabs on what people are doing so that you can reach out to those active prospects.

These are just ideas, but the idea is that if you are truly in the ‘weeds’ of the data, you’ll get a good handle on what you own, who you’re calling and hopefully begin seeing some great results!

Love,

Marketing

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Monday, May 4th, 2009

 

Dear Sales, Love Marketing

Dear Sales,

We’ve had a long and storied relationship.   When we work well together, we’re pretty amazing, when we fight, it’s ugly but overall we make a great team. I feel like we’ve worked through our differences well and that we see eye to eye more often than not, but we really need to talk about one thing…the one thing that bonds us for life but keeps pulling us apart…our data.

I know, I know, it’s no one’s fault.  But that’s the problem.  I supply the data, I nurture the data and then I send it to you so you can make it flourish.  What happens to the data once I send it to you though?  Some of it gets the proper care, it blossoms into an opportunity and then low and behold we win!  Some of it isn’t really ready and gets nurtured some more, some wither and die on the vine, and some of it, well, it sits and it gets lost in the oblivion of it’s home, our CRM system.

So Sales, here is my proposition to you, let’s work together to cultivate our leads, I will continue to feed you nurtured sales ready leads that suit your need and I ask that in return, you help me keep everything straight.  We must communicate, it’s required for our relationship to work.  Get to know the data (your leads), really learn about your companies and our targets and then, tell me what’s not working (and better yet, what is!).

How do you do this you ask, well we’ll work together and make it happen!

Love,

Marketing

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Friday, May 1st, 2009

 

A Role-based Website – B2B Marketing and Sales Tip #231

Here at ReachForce, we talk a lot about role-based leads, but I have never heard of a role-based website.  I came across a great post by Heather Foeh on Eloqua’s Marketing Insights blog, Segmentation on Your Website.  In the post, Heather shares a well segmented website, rallydev.com.  They give a great user-guided experience letting you choose your role which then delivers you relevant content to fit your needs.

On our new website we also use segmentation.  Instead of segmenting by role, we segment by function.  We sell mainly to marketers, so we ask our visitors if they are looking to do direct marketing, event marketing or online marketing.  We then deliver up a total solution as well as whitepapers and eBooks to help with continued education.

This same logic can and should be applied to other marketing vehicles like email.  We segment our database by role and revenue range and send relevant content that matches the needs of each group.

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Thursday, April 30th, 2009

 
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