Finding and developing new prospects is critical to the growth of your company. Integrated lead generation promises to solve this problem. It relies on a combination of human interaction, social marketing, sales process, technology and the metrics they all generate.
The first stage in any lead generation campaign is to determine who you should target and what messages will resonate with your prospects. By determining where you have had success before and understanding why people chose your company, you can create list of prospects who have a high likelihood of buying.
Map out your market and Identify your highest value markets
Select Segments based on your distinct advantages
Define the pains and needs your prospects have
Understand what drives prospects to buy and how they buy
Getting hundreds of hand-picked leads of decision makers verified by humans in your target industries is invaluable for scaling. But unless you can afford an army of in-house sales reps to verify data, you should consider more affordable alternatives to capture quality leads – like outsourcing.
1. Find targeted people in the right roles
2. Set up a Social Media following
3. Keep the list current and validated
Ever heard of GIGO? Garbage In, Garbage Out. For every 1% of data quality improvement, marketing can generate 5-6% of incremental revenue.
Generating new business opportunities requires a combination of human interaction, social marketing, sales processes and measurable success. Automation can help you understand the results of each element of your marketing strategy and adjust your approach.
Sustained lead generation creates predictable revenue – it all leads to leads. According to SiriusDecsions, “80% of contacts who express an interest to buy today but do not, will do so in the next 24 months.”
Generating leads is all about developing relationships. Your team needs tools and a process that have impact and can improve their efficiency. Knowing that most decision makers are about 60% of the way through the buying process before they engage with a potential vendor means your tools should help engage and educate your prospects.
Harvard Business Review surveyed B2B companies and found “There was an 18% difference in revenue growth between companies that defined a formal sales process and companies that didn’t.”
Well-designed messages speak to your prospects. Knowing what happens when your messages are received and applying that knowledge can help you laser focus your efforts.
27,000,000 pieces of content are shared every day. Clicks from shared content are 5 times more likely to purchase. Whew!
No program can be successful without leadership and training. Once you have a process and well-defined metrics, you need someone who can manage the processes, review the results and adjust activities and messages as needed.
The investments you make in your lead generation program will pay off in multiples. Processes mean you are tracking results, adjusting your strategy and getting more deals more quickly. You can create a sustainable competitive advantage and be more agile with a lead generation program.