Your sales manager is
disappointed. "This is just another waste of time," he fumed as he
looked over the leads that had recently been provided to him.
"There has to be a better
way," he thought, knowing that his sales people weren't likely to
follow up on very many of them. Not only were they "just a list of
names"—there was very little qualifying data. Most of them are
probably dead ends, he sighed as he dumped them back in his inbox.
"I want leads my sales
team won't consider a waste of time, prospects they will be excited to
work with!"
Successful salespeople
welcome the opportunity to work with serious prospects for a sale. The
more they know about what the potential buyer wants to achieve, the
more enthusiastically they will work on developing that relationship.
But they can't be expected to qualify their own leads—their time is
too valuable and expensive. They'll get better results if you can give
them prospects that have already been pre-qualified and re-contacted
more than once to explore the depth of their interest in your product
or service. They want and need Prospects that meet your requirement
for budget, authority, need and timing (BANT).
This article is the first
of many in which I will describe how you can provide your sales force
with leads they'll want to get to work on right away.
A marketing campaign,
tradeshow exhibit, Internet campaign or other marketing effort
generates a list of "inquiries" or "suspects"—these contacts are the
fuel for your prospecting engine.
These contacts enter a
systematic process that goes beyond follow-up qualification
telephoning. Your aim is to turn your Suspects and Inquiries into
better qualified leads, i.e. Qualified Prospects. An individual, or
department in your organization, an outside marketing firm or both are
charged with managing this business process.
Those Suspects and
Inquiries are being consistently Touched, Educated and Nurtured using
targeted 1 to 1 marketing methods. This can continue until they become
Qualified Prospects.
Only after they have
been touched and attempted to be contacted several times (looping step
3) do you disqualify them and they exit the process. Extremely
important to this process is the capture of all information, touches,
history into the Marketing Database.
Next all Qualified
Prospects sent to Sales must be tracked through a Sales Lead
Management system to ensure measurement of return on investment.
Keeping your sales force supplied
with qualified prospects is not difficult, but it does require
commitment and constancy. In future newsletters we will elaborate on
various phases of the process, with suggestions you can use
immediately:
Yes, You Can Convert Marketing Dollars Into Greater Sales and
Profits.
Executive Commitment Is Essential for a New Mission-Critical Process
– Prospect Development
Marketing tools to develop inquiries and suspects into Qualified
Prospects-when and when not to use them.
When to turn over a prospect to sales, and how to decide whether to
keep nurturing a prospect or remove the name from your system.
Want to know more about
our direct marketing and demand generation solutions-give us a call at
800-432-9466.
Advantage Plus
Marketing Group>
13821 Newport Ave Ste 150
Tustin , CA 92780
Tel. 800-432-9466 or 714-573-7300
Fax. 714-573-7301
email: [email protected]
About
the Author
Barry Lieberman, president of Advantage Plus Marketing Group, has
run over 1,400 prospecting and lead generation campaigns in the past
15 years for companies including HP, Sun, Oracle, and Microsoft. You
can reach him at 800-432-9466.