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Eight Critical Success Factors for Lead Generation – ReachForce Book Club

If you’ve been doing B2B Marketing for any length of time you know who Brian Carroll is.  If you don’t know who he is, you should.  His eBook, Eight Critical Success Factors for Lead Generation, is a must read for “lead generation specialists committed  to the long-term proposition that digging for leads, educating prospects, navigating the nuances of the complex sale and creating new, high-level return on investment is what has brought lead generation to the position it enjoys in the marketing hierarchy today”.

I read this eBook a couple of years ago but I was due a refresher.  While all 8 factors are important to lead generation success, I pulled out a few things we could all benefit from doing or ensuring on a more regular basis.  My summary and highlights by no means replaces reading the eBook.

  • Remember you are creating conversations, not campaigns – “Companies don’t buy, people do.”  With each lead generation initiative we are developing an ongoing relationship with the prospect.  We are educating and providing value with each touch.  Or at least we should be.
  • Be sure you have identified an Ideal Customer Profile before getting started – we’ve talked about personas many times on The B2B Lead. Building out the ideal customer profile makes everyone’s job easier.  Why wouldn’t you do it?
  • Universal Lead Definition – it’s key that both Sales and Marketing agree on this.  “There is consensus that sales functionaries fail to act on nearly 80% of the leads they get, largely because most of the leads aren’t qualified, or because appropriate buyers haven’t been identified and targeted.”
  • Your database – your most valuable marketing asset.  “The properly designed and well-maintained database is the hub of all lead generation activity and communication.”
  • Lead nurturing – we all know it takes multiple touches to turn a contact to a lead and a lead to a real prospect.  “Lead nurturing is not a single marketing campaign, but rather a series of steps and communication tactics with the objective of developing and building a relationship with the potential customer.”  Automation tools make this easier than ever.  No more excuses to not nurturing.

This is only a few highlights from the eBook, now go read it yourself if you haven’t already.  If nothing else, the pictures/diagrams are worth your time.

Brian Carroll, CEO of InTouch, Inc. part of the MECLABS Group that owns MarketingExperiments and MarketingSherpa and author of Lead Generation for the Complex Sale (McGraw-Hill 2006) and the B2B Lead Generation Blog with expertise related to B2B marketing, lead generation and complex sales.

Once you’re done with this one go ahead and download next week’s eBook – HubSpot’s Get Found Online.  We’ll be chatting about it next Thursday here on The B2B Lead.

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4 Responses to “Eight Critical Success Factors for Lead Generation – ReachForce Book Club”

  1. Brian Carroll Says:

    Thanks for sharing my ebook with your readers. I hope they find it to be useful resource.

    Cheers,
    Brian

  2. Peter Caputa Says:

    Brian Carroll certainly knows his stuff. He’s been doing inbound lead generation and qualification longer than most people had it in their vocabulary.

  3. Darin Dixon Says:

    Within your lead nurturing campaigns, don’t forget to keep communications personal. We’ve found that emails that are from a single person are received better than emails from a department. It also helps if they are short and to the point. HTML graphics sometimes distract and turn people away from actually reading the message because it looks exactly like an advertisement.

  4. Amy Hawthorne Says:

    Darin,
    Thanks for your comment and I definitely agree, keeping communications personal is key. People buy from people, not from companies or departments. Having a consistent name in front of your prospects also helps with follow up.
    And, if you are personalizing and using an automation system, be sure to test. There’s nothing worse than getting an email addressed to someone else.

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