Posts Tagged ‘B2B Marketing Tips’

How Marketing Can Help Sales After the Handoff

Wednesday, September 29th, 2010

As companies work to establish processes that embrace and support the buying journey from contact to close, an interesting result occurs. Marketing and Sales become unified around one process, instead of each focusing only on their respective ends of the revenue pipeline. Marketing automation integrated with CRM helps to bridge that chasm that used to serve as a dividing line between unknown entities and qualified leads acceptable for sales pursuit.

The key is that buyers don’t care which side is communicating with them, they care about what’s in it for them as they work toward solving business problems.

Recent research by Demand Gen Report found that, “…58 percent of B2B marketers believe the role of a marketer ‘never ends’ even when the lead has been transitioned to sales…” Marketing automation helps marketers add value to buyer relationships even after those prospects have begun to interact with salespeople.

Take a look at 3 ways marketing automation can be used to help salespeople after the handoff:

1.       Post Handoff Scoring: Once a lead’s score reaches the qualification threshold for transition to sales doesn’t mean that their activity with your website and content ceases. In fact, it could even accelerate as they get involved in the complex details necessary to validate that your solution will actually serve their specific situation. With visibility into just which content your qualified leads are accessing, marketers can provide salespeople with additional content and collateral that matches buyer activity to help keep the momentum toward purchase moving along.

2.       Continuous Nurturing: By creating a post-handoff nurturing program jointly with your sales team, marketers can continue to provide late-stage “touches” that help to prove the value sales reps bring to the conversation. Because marketers know which content leads have viewed to date, they can continue to build the relationship on behalf of salespeople. The integration with CRM will help salespeople choose when to interact as well as provide them with fodder for relevant follow-up conversations.

3.       Growth in Interest: Anonymous Web Visitor ID can help marketers identify website visits from additional contacts at the qualified lead’s company. With B2B buyers involving more influencers and stakeholders, sharing this insight with sales reps can help them gauge the true level of buying interest and spot opportunities to extend conversations and offer additional information that may help the buying committee take next steps.

The above are only three suggestions for how marketing automation can help companies establish a seamless end-to-end buying process, facilitated by sharing the insights to prospect behavior that sales reps can act upon to expedite the purchase decision. Marketing automation software generates the data marketers need to provide new levels of support to sales. The challenge is in developing the processes for sharing the data in ways that help salespeople have better conversations and more relevant interactions that serve buyers’ needs.

Share
Jeff Erramouspe

Spotlight: Bob Walmsley Addresses How Sales Can Benefit from Marketing Automation

Thursday, September 23rd, 2010

In Bob Walmsley’s section of The Quintessential Marketing Automation Guidebook, he revealed How Marketing Automation Helps Companies Adapt to Changing Buyer Behavior. His focus on marketing and sales alignment is a hot topic these days, so I followed up with Bob to ask him a few more questions that may shed additional light on how marketing automation can help to improve sales effectiveness.

CD: In your section of the Guide, you discuss how marketing automation can contribute to sales effectiveness. What is an obstacle that keeps sales teams from working more closely with marketing?

BW: The primary obstacle is a disconnect in goals. Sales has a tangible revenue goal whilst marketing typically has a goal of number of leads. This creates an incentive for marketing to have the broadest definition of a lead.

The mutual detailed definition of a lead scoring system with a Service Level Agreement (SLA) on follow-up times and procedures would alleviate many of the obstacles between sales and marketing.

CD: Can you give us a few pointers about how sales can create a decision support process for addressing buyers’ needs at earlier stages? What creates those bottlenecks in the funnel?

BW: Sales must add the right value at the right stage in the buying process. Sales must provide more value than the prospect can gather from the website. By carefully monitoring digital buying behavior sales can appropriately target the correct content and next steps for a buyer. The response to a prospect visiting but not completing the contact us page should be different than a prospect who visited the Careers pages.

CD:  You state that a sales rep’s #1 competitor for a prospect’s attention has become their own website. How do salespeople overcome this and what are some avenues that marketing automation opens to allow salespeople to work in partnership with the website to engage prospects?

BW: Sales needs to study the materials on their own website and ask themselves; What value can I add to someone who has read this content? The website needs to help guide someone through a buying cycle and not just be a repository of disconnected information.  An effective lead nurturing process will continually bring prospects further along the buying cycle until the intervention of a sales rep is appropriate.

Without a marketing automation solution, sales is flying blind not knowing about high value visitors to the website and chasing disinterested prospects with off-target information.

The world has changed a marketing automation solution is a must have for any sales team.

Share
Christopher Doran

Spotlight: Brian Massey Shares Insights to Optimizing Your Marketing Process

Tuesday, September 21st, 2010

Brian Massey

Brian Massey’s section of The Quintessential Marketing Automation Guidebook, Conversion Stack: Marketing Automation for Performance Marketers, introduced a hierarchical approach to developing an optimal marketing process. By implementing marketing automation in support of this process, marketers can develop measurements that help them to optimize the overall velocity of their marketing programs. I contacted Brian to ask him for a bit of elaboration about his Conversion Stack to help you evaluate your efforts.

CD: In your description of the Conversion Stack, you talk about “a set of capabilities, each enabled by and depending on its predecessor.” Can you highlight some of the most important dependencies that must be addressed to move on to the next level in the Stack?

BM: The entire stack is designed to align the way a visitor “buys” – either by purchasing products with money or by purchasing information with contact information. The bottom of the stack is very important in this alignment.

When we cross the needs of the business with what visitors want to accomplish while online, we get an important subset of actions. Those activities that a visitor isn’t interested in doing online are discarded as well as those activities that don’t help the business.

Likewise, developing the content that supports this subset of actions is critical (I started to say “obviously” but I don’t think it is). Content is not free and marketing dollars must be focused on getting visitors to take action.

Interestingly, the content and the channels it is delivered through are the least interdependent. Channels are important, but content has become so malleable that it can be molded to find its way into many channels. Whitepapers can be fit into 140 characters quite easily.

CD: When creating baseline key performance indicators (KPIs), which ones are most productive for marketers who are just getting started with marketing automation if they don’t have a wealth of historical data?

BM: The best KPIs are the ones that everybody measures: revenue, sales and units shipped. Start with these and spend your time trying to tie specific visitors to closed sales.

Your efforts will span the Web, CRM systems and financial systems. However, once you can tie an email or a blog post to a sale, you have an amazing ability to choose marketing programs that work and kill those that don’t.

CD: I’m interested in your concept of Touchpoint Personas. What key factors do you include in their development to help you determine what a prospect needs at a specific moment?

BM: The persona development process that I employ brings all of those in the company who have experience with the customer together in a room. This may include marketing people, sales people, and customer service people. I start the process by collecting the stories from those around the table.

Many of the similar stories can be grouped into themes.

“The visitor’s appliance broke.”

“The visitor has an event coming up.”

We always want to then drive to more specific stories, so we tease out the most common situations.

“The visitor’s dish washer broke, and she’s been washing by hand for a week.”

“The visitor will be attending a wedding in two weeks and wants to impress family.”

The detail tells us how quickly the visitor wants their problem solved, which influences our copy and content.

We then try to select stories that represent the widest range of decision-making modes, both quick and slow, emotional and logical.

This is the most powerful part of the persona development process.

Share
Christopher Doran