Lead Nurturing Beyond the Toolset

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An in-depth look at the process involved in nurturing a prospect into a sales-ready lead – with or without the help of marketing automation platforms. You'll learn: -What lead nurturing really means -How lead nurturing can be used throughout the customer lifecycle -How to tell if you need a marketing automation platform -The most effective lead nurturing tactics from email marketing, social media and webinars to in-person events -The top 10 tips to get your lead nurturing program off the groun

transcript

Lead Nurturing – Beyond the Toolset

March, 2012

Hosted By:

Why Lead Nurturing?

2

“The future of marketing lies in engaging your customers...”

- Andrew Baird, Chief Freedom Officer

at Amazing Business

“Lead Generation for the Complex Sale” – Brian Carroll http://www.business2community.com/marketing/the-future-of-marketing-46-experts-share-their-predictions-for-2012-088529

“Multiply your company’s revenue by five. That’s the sum of what lead nurturing could produce…”

- Brian Carroll in “Lead Generation for the Complex Sale”

Companies That Excel at Lead Nurturing…

3

Source: http://www.marketo.com/b2b-marketing-resources/best-practices/lead-nurturing/the-definitive-guide-to-lead-nurturing.php

Companies That Excel at Lead Nurturing…

4

Source: http://www.marketo.com/b2b-marketing-resources/best-practices/lead-nurturing/the-definitive-guide-to-lead-nurturing.php

Companies That Excel at Lead Nurturing…

5

Source: http://www.marketo.com/b2b-marketing-resources/best-practices/lead-nurturing/the-definitive-guide-to-lead-nurturing.php

Lead Nurturing Defined

6

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing Defined

7

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: process

8

Example A:

Logo

Lorem ipsum, lorem ipsum, Lorem ipsum, lorem ipsum, Lorem ipsum, lorem ipsum, Lorem ipsum,

First

Last

Email

Company

Phone

Address

Interests

PPC Search

Landing Page

Registration

SQL?

Lead Nurturing: process

9

Example B:

Logo

Lorem ipsum, lorem ipsum,

Lorem ipsum,,

Lorem ipsum,

First

Last

Email

PPC Search

Landing Page Registration

Nurturing

SQL!

Lead Nurturing: process

10

A Potential Nurture Flow:

Email 1 Page 1 Email 2

Email 3

Page 2

Page 3

Start

Secondary Offer

Sales

Primary Offer Sales

Primary Offer Sales Mid Flow

Primary Offer

14 days

Secondary Offer

21 days

Secondary Offer

3 Months

Lead Nurturing Defined

11

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: communicating

12

2

Tradeshows, Events

Lead Nurturing: communicating

13

2

Tradeshows, Events

Goal is DIALOGUE

Lead Nurturing Defined

14

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

v v

Lead Nurturing: predictive

15

Time of Day

Time of Week

Time Between

Number of Times

Time in Sales Cycle

Where

Lead Nurturing Defined

16

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: meaningful

17

Case Studies Contact Online Calculators Brochure White Papers Tips Emails Webinar

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

Lead Nurturing: meaningful

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Questions to Ask: • What specific pain point is your target audience facing?

• Is what you’re offering going to actually help the prospect, or is it to suit your

needs? • Do they prefer content in short snippets, or long, descriptive paragraphs?

• Does your prospect require detailed, technical, information, or prefer the high-

level synopsis?

• Does the offer of your title match up to the true value?

Lead Nurturing Defined

19

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: purchase interest

20

Lead Nurturing: purchase interest

21

Lead Nurturing: purchase interest

22

Lead Nurturing: purchase interest

23

Lead Nurturing: purchase interest

24

Lead Nurturing Defined

25

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: relationships

26

True Passion

Commitment

Understand the Business

Add Value

Meet Expectations

Deliver Results

Fair

TRUSTED PARTNER

Is your pricing fair? Will we get what we pay for?

Are you successful with the investment we have given you?

Are your results meeting the expectations we presented at the beginning of the program?

Are you adding value to our organization?

Do you know what we do? Do you understand our industry? Do you speak our language?

Are you committed to us and have you proven that - even when times were tough?

Do you believe in OUR “why”?

Lead Nurturing Defined

27

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Lead Nurturing: sales qualified leads

28

“Anyone we can get on the phone.”

“Someone who has selected Ready to Buy.”

The Close Continuum

Less Likely More Likely

Lead Nurturing: sales qualified leads

29

Developing Your Definition: 1. Create a Sales & Marketing Attack Team (“smarketing” team)

2. Sit in on sales pitches to develop an understanding of what the ideal profile

looks like - Ask lots of questions

3. Ask Sales to identify the top 4 characteristics of a sales-ready lead – there will be many, but start with 4

4. Develop definitions of other, non-SQL lead types

5. Utilize a constant feedback loop to continually evolve your definition of an SQL

Lead Nurturing Defined

30

“The process of communicating in a predictive and meaningful manner to prospects with various levels of purchase

interest, in an effort to build and grow relationships and, eventually, deliver sales

qualified leads.”

Top 10 Things to Get Started

31

1. Start small

2. Make Sales and Marketing alignment a priority

3. Identify your ideal customers

4. Identify what a lead is, and when it becomes a SQL

5. Identify how you will be relevant to your ideal customers

6. Identify the questions to ask along the way

7. Identify how “deep” you want your nurture program to go

8. Identify the sales process for follow-up on SQL’s and how that will be measured back to marketing activities

9. Don’t forget to say thank you

10. Optimize, optimize, optimize

Key Takeaway

32

For More Information

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1. http://www.90octane.com

2. (720) 904-8169, x 211

1. kellyhall@90octane.com

2. https://www.facebook.com/90octane

3. @90octane, #90leadnurturing

4. http://www.marketing.org/files/public/BMA_EIDSON.pdf