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Increase B2B Sales with Customer
Reviews
Driving More B2B Leads with
Customer Testimonials and
Online Reviews
Myron Berg
info@fusionmarketingpartners.com
Contents
• Are Online Reviews Worth the Effort?
• Build the Flow of Leads
• Improve Conversion Ratios
• Build Trust and Credibility
• Online Customer Review Tactics
• 5 Steps to Great Reviews
• Benefits of Customer Reviews
Online Reviews
• People tend to trust vendors with whom
others have had good experiences.
• In fact, we increasingly use the web to learn
more about companies or individuals we
encounter in our personal lives.
Is it Worth the Effort?
• Customer testimonials of your product’s value
is a strong influencer to attract and persuade
new customers.
• Online reviews, ratings, case
studies, and testimonials have
a significant and positive
impact on the revenue
stream.
Build the Flow of Free Leads
• Online reviews help build the flow of free
leads.
• Over time, this has a huge impact in building
steady lead flow and decreasing the average
cost per lead.
Lower the Cost of Paid Leads
• Online reviews help lower the cost of paid
leads
– Increase in click-through rates
– Lowering the cost of conversion
• Positive ratings tell your new prospects that
others have had success with your product
and they can be confident in doing business
with you.
Improve Conversion Ratios
• Online reviews help improve conversion ratios
for:
– Free trials
– Lead offers
– Closed deals
Build Trust and Credibility
• Reviews help build online trust and credibility.
• Reviews reduce prospect purchase reluctance.
• Testimonials help reinforce the value of the
product.
• Our tests have proven a significant increase in
conversion ratios for inquiries that come from
a lead source that includes product ratings.
What About Negative Reviews?
• A quantity of positive reviews helps protect
your business from the occasional negative
review.
• Buyers read reviews to learn about the
strengths and weaknesses of a product and
the company. A perfect rating is less credible.
Get Focused
• Focus on sites specifically related to your
product or service
– Sites specific to the buyer’s profession or expertise
– Industry specific sites
– Online software directories
– Online paid directories, offering Pay-per-Click
(PPC) or Pay-per-Lead (PPL) traffic
– Software review sites
– Search engine reviews, such as Google Reviews
Finding the Greatest Impact
• With a few minutes of searching, you can
likely find numerous candidates.
• The bigger question is often how to best focus
your efforts with a just few sites that will have
the greatest impact.
Prioritize Sites
• Which sites provide the greatest impact?
– What paid listing services are used and which
drive the best leads?
– Which unpaid listing services are currently driving
the best leads, or have the potential to drive the
best leads?
– Where do our customers go to keep up with the
latest information on their profession or industry?
– When we perform online searches with terms that
best fit our product, which sites come up first?
Get Great Customer Reviews
• Identify and ASK satisfied clients for a review
• Make a review request part of your internal
process
• Make it extremely easy
• Thank them for their efforts
5 Steps to Great Reviews
1. Customer Support
– Ask a satisfied customer for a review
• At the end of a customer support engagement call
• With a thank you email following the call
• Provide the direct link for reviews
• Build a repeatable process
5 Steps to Great Reviews
2. Emails to Existing Customers
– Add a review request to marketing messages
– Option to directly fill out an online review
– Option to contact your company for more
information
5 Steps to Great Reviews
3. Survey Existing Customers
– Send out satisfaction surveys to existing
customers
– Follow up with those who provided positive
remarks
• Personalized note
• Ask to participate in a case study
• Ask to fill out an online review
– Consider follow up with dissatisfied customers
5 Steps to Great Reviews
4. Follow Up with New Customers
– Within 10 days of service sign-up
• Online customer satisfaction survey
• Sales representative performing the survey
– For those who are highly satisfied
• Request an online review
• Provide the direct link
5 Steps to Great Reviews
5. Educate Existing Customers
– Provide a webinar
• “How to get the most out of your product”
• Request an online review after the event
– This tactic provides great product feedback
Recap: Benefits of Customer Reviews
• Better lead flow
• Better conversion metrics
• Lower cost
• Heightened trust & credibility
• Reinforced product value
About Fusion Marketing Partners
Myron Berg, Managing Director
We Do This:
Brand building/messaging
Website optimization
Content creation
Lead generation
You Get This:
Much greater levels of awareness
Higher quantities of qualified leads
Ability to generate faster revenue
Lots more information at:
http://FusionMarketingPartners.com/
http://Greatb2BMarketing.com (blog)
info@fusionmarketingpartners.com
719-357-6280

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Drive B2B Leads with Customer Reviews

  • 1. Increase B2B Sales with Customer Reviews Driving More B2B Leads with Customer Testimonials and Online Reviews Myron Berg info@fusionmarketingpartners.com
  • 2. Contents • Are Online Reviews Worth the Effort? • Build the Flow of Leads • Improve Conversion Ratios • Build Trust and Credibility • Online Customer Review Tactics • 5 Steps to Great Reviews • Benefits of Customer Reviews
  • 3. Online Reviews • People tend to trust vendors with whom others have had good experiences. • In fact, we increasingly use the web to learn more about companies or individuals we encounter in our personal lives.
  • 4. Is it Worth the Effort? • Customer testimonials of your product’s value is a strong influencer to attract and persuade new customers. • Online reviews, ratings, case studies, and testimonials have a significant and positive impact on the revenue stream.
  • 5. Build the Flow of Free Leads • Online reviews help build the flow of free leads. • Over time, this has a huge impact in building steady lead flow and decreasing the average cost per lead.
  • 6. Lower the Cost of Paid Leads • Online reviews help lower the cost of paid leads – Increase in click-through rates – Lowering the cost of conversion • Positive ratings tell your new prospects that others have had success with your product and they can be confident in doing business with you.
  • 7. Improve Conversion Ratios • Online reviews help improve conversion ratios for: – Free trials – Lead offers – Closed deals
  • 8. Build Trust and Credibility • Reviews help build online trust and credibility. • Reviews reduce prospect purchase reluctance. • Testimonials help reinforce the value of the product. • Our tests have proven a significant increase in conversion ratios for inquiries that come from a lead source that includes product ratings.
  • 9. What About Negative Reviews? • A quantity of positive reviews helps protect your business from the occasional negative review. • Buyers read reviews to learn about the strengths and weaknesses of a product and the company. A perfect rating is less credible.
  • 10. Get Focused • Focus on sites specifically related to your product or service – Sites specific to the buyer’s profession or expertise – Industry specific sites – Online software directories – Online paid directories, offering Pay-per-Click (PPC) or Pay-per-Lead (PPL) traffic – Software review sites – Search engine reviews, such as Google Reviews
  • 11. Finding the Greatest Impact • With a few minutes of searching, you can likely find numerous candidates. • The bigger question is often how to best focus your efforts with a just few sites that will have the greatest impact.
  • 12. Prioritize Sites • Which sites provide the greatest impact? – What paid listing services are used and which drive the best leads? – Which unpaid listing services are currently driving the best leads, or have the potential to drive the best leads? – Where do our customers go to keep up with the latest information on their profession or industry? – When we perform online searches with terms that best fit our product, which sites come up first?
  • 13. Get Great Customer Reviews • Identify and ASK satisfied clients for a review • Make a review request part of your internal process • Make it extremely easy • Thank them for their efforts
  • 14. 5 Steps to Great Reviews 1. Customer Support – Ask a satisfied customer for a review • At the end of a customer support engagement call • With a thank you email following the call • Provide the direct link for reviews • Build a repeatable process
  • 15. 5 Steps to Great Reviews 2. Emails to Existing Customers – Add a review request to marketing messages – Option to directly fill out an online review – Option to contact your company for more information
  • 16. 5 Steps to Great Reviews 3. Survey Existing Customers – Send out satisfaction surveys to existing customers – Follow up with those who provided positive remarks • Personalized note • Ask to participate in a case study • Ask to fill out an online review – Consider follow up with dissatisfied customers
  • 17. 5 Steps to Great Reviews 4. Follow Up with New Customers – Within 10 days of service sign-up • Online customer satisfaction survey • Sales representative performing the survey – For those who are highly satisfied • Request an online review • Provide the direct link
  • 18. 5 Steps to Great Reviews 5. Educate Existing Customers – Provide a webinar • “How to get the most out of your product” • Request an online review after the event – This tactic provides great product feedback
  • 19. Recap: Benefits of Customer Reviews • Better lead flow • Better conversion metrics • Lower cost • Heightened trust & credibility • Reinforced product value
  • 20. About Fusion Marketing Partners Myron Berg, Managing Director We Do This: Brand building/messaging Website optimization Content creation Lead generation You Get This: Much greater levels of awareness Higher quantities of qualified leads Ability to generate faster revenue Lots more information at: http://FusionMarketingPartners.com/ http://Greatb2BMarketing.com (blog) info@fusionmarketingpartners.com 719-357-6280