As an individual, you can generate leads by attending events, large and small, and getting to know other people in your industry and market. Be clear about what you want. Do you want 200 more potential customers in your database? Do you want to add 26 new customers this quarter? Even the best lists of target accounts aren't 100% accurate. During the planning phase, you must ensure that your list fits your ideal customer profile.
Brian Carroll is the CEO and founder of markempa, which helps companies convert more customers with empathy-based marketing. He is the author of the bestseller, Lead Generation for the Complex Sale, and founded the B2B Lead Roundtable LinkedIn Group with more than 20,301 members. Whether marketing or sales are managing lead generation, both must focus on the “right objectives”. Those “right goals”, which are often bought at a publicly traded company, may not truly identify “ideal” profiles.
The lists are often based on high-value companies, which are often difficult to acquire and maintain. Rather than fighting for a 30% share of those high-value customers, for some companies, it might be better to acquire 70% of the lower-value customers. One of my clients has my company centrally qualify all its potential customers (by phone) according to its universal definition of potential customers within 2 hours, distributes them and requires its field sales force to follow up with those who are ready for sale within 8 hours. They generate 12,000 inquiries a year, mainly through their website.
If the assigned sales person doesn't follow up with a qualified sales lead within 24 hours, you can count on a call from your sales manager. If a sales lead spends more than 48 hours before being contacted, that salesperson risks that lead being assigned to someone else, someone with more sales time. We've found that email, phone, and LinkedIn are generally the most productive in generating B2B leads. However, by combining creative ways to search for potential customers, such as participating in online communities like Quora and G2, you can search smarter and increase conversion rates.
Sales leads are people or companies that are potential buyers. A sales lead is identified through marketing, referrals, social media, networks, product testing, or inquiries. A potential customer does not become a potential customer until they are qualified to determine their level of interest and their suitability as a potential customer. Go the extra mile and become a product expert in your respective field.
Become an advisor that customers can trust, rather than just a common seller. Customers have a wealth of knowledge at their fingertips, so they research most of their time before talking to a sales representative. One way to close this gap is to speak at trade shows or conferences as a way to become a reliable source of information. You can also do a lead generation analysis of your blog to find out which posts generate the most leads, and then make sure that you regularly link your social media posts to them.
Twitter has Twitter lead generation cards, which allow you to generate leads directly within a tweet without having to leave the site. Inbound sales are a way to identify potential customers and connect with them by taking advantage of the inbound mindset of building relationships long before someone is ready to buy. If you don't have a systematized process for data research, lead generation information will simply be everywhere. While marketers often think that social media is the best for first-hand marketing, they can still be a useful, low-cost source for lead generation, as explained in previous lead generation strategies.
But what if you don't have a marketing department or your marketing team doesn't practice inbound? What if you have to generate your own sales leads? According to data from Invesp, 80% of transactions require five follow-up calls to finish but almost 50% of sellers don't make a second attempt to contact potential customers. If you want to know how to generate more sales opportunities, you should ask for presentations all the time. They use web content reports for lead generation collecting six pieces of data from potential potential customers. The qualification of potential customers should be based on their revenue goals with input from marketing and sales teams.
A potential customer's score can be based on the actions they've taken the information they've provided their level of commitment to your brand or other criteria determined by your sales team. If your company sells a high-value product or a service that is billed with a monthly advance direct interaction with a potential customer is a great way to generate new business.