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Close Your Highest Margin Sales Leads

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Presentation deck from June 20, 2013 InsideSales.com Virtual Sales Summit

Presentation deck from June 20, 2013 InsideSales.com Virtual Sales Summit

Published in: Business, Technology
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  • 1. Close Your Highest Margin SalesLeadsMatt HeinzPresident, Heinz Marketing Incmatt@heinzmarketing.com @heinzmarketing
  • 2. Housekeeping• Copy of this deck• Offers for you– 10 minute brainstorm– Successful Social Selling– Secrets to Successful Marketing Automation• Send me an email with what you want– matt@heinzmarketing.com– It’s that simple…@heinzmarketing
  • 3. Last Slide First1. Find & engage prospects “upstream” beforethey are active buyers2. Participate in their communities as a peer tobuild trust & credibility3. Use research tools to customize approach withnew targets4. Publish your own source(s) of value-addedcontent to attract new prospects to you5. Sales is too important to leave to salespeople@heinzmarketing
  • 4. This doesn’t write checks!@heinzmarketing
  • 5. Four steps to a better plan1. Do the math (quantify what successlooks like)2. Create a clear customer profile3. Map the sales and buying process4. Plan to fire lots of bullets@heinzmarketing
  • 6. Calculating what you needAssumptionsProduct A ASP $ 15,000Product B ASP $ 50,000Opp/Close % 33.0%Lead/Opp % 10.0%Product A CPL $ 15Product B CPL $ 35Q1 2010 Q2 2010 Q3 2010 Q4 2010 TOTALSProduct A Sales # 50 56 63 69 238Product B Sales # 8 9 10 11 38Total Sales # 58 65 73 80 276Product A Sales $ $ 742,500 $ 841,500 $ 940,500 $1,039,500 $ 3,564,000Product B Sales $ $ 412,500 $ 453,750 $ 495,000 $ 536,250 $ 1,897,500Total Sales $ $1,155,000 $1,295,250 $1,435,500 $1,575,750 $ 5,461,500Product A Pipeline # 150 170 190 210Product B Pipeline # 25 28 30 33Total Pipeline # 175 198 220 243Product A Pipeline $ $2,250,000 $2,550,000 $2,850,000 $3,150,000Product B Pipeline $ $1,250,000 $1,375,000 $1,500,000 $1,625,000Total Pipeline $ $3,500,000 $3,925,000 $4,350,000 $4,775,000Product A Leads 1500 1700 1900 2100Product B Leads 250 275 300 325Total Leads 1750 1975 2200 2425 8350Product A LeadBudget $ 22,500 $ 25,500 $ 28,500 $ 31,500Product B LeadBudget $ 8,750 $ 9,625 $ 10,500 $ 11,375Total Lead Budget $ 31,250 $ 35,125 $ 39,000 $ 42,875 $ 148,250@heinzmarketing
  • 7. People & problems, not products
  • 8. Marketing plan in 5 questions1. What/who are your targets?• Direct & indirect users, influencers• Address entire buyer ecosystem1. What do they care about? Whatoutcome are they seeking?2. Where do you find them?3. What or who influences them?4. How do they want to engage and(eventually) buy?@heinzmarketing
  • 9. What do your customers careabout?
  • 10. The buyer progressionSolutionProblem/PainObjective/Outcome@heinzmarketing
  • 11. Enumerating needs by roleAudienceVertical #1CEOIT/CIOCFOCMOAudienceVertical #2CEODrivers Pain Points Value Propositions(bullet points) Key MessagesKey MessagesDrivers Pain Points Value Propositions(bullet points)Want the XLS template? Email me: matt@heinzmarketing.com@heinzmarketing
  • 12. Prospect Engagement FunnelActive Sales CycleChannels: CRM, 1:1Goal: SellNewCustomerDrip MarketingChannels: Email Newsletters, CRM SystemGoal: Drive Active ProspectsNetwork / Open CommunityChannels: Twitter, Facebook, Blog, LinkedInGoal: Drive RegistrationNetwork-exclusive access to contentValue-added special offersDiscovery eventsWhite papers, top ten tips, etc.Testimonials, Success StoriesProfile-Specific MessagesNew product/service offersReferral & Tell-a-Friend OffersNetwork / Community InvitesNew Opportunity Alerts1:1 with Existing CustomerIn-Market EventsNext Step Accelerator IdeasCustomer Targets (based on persona profiles)@heinzmarketing
  • 13. Leads & Opportunities@heinzmarketing
  • 14. Standing out at volume
  • 15. Know and work the entire orgchart
  • 16. Long-term perspective, short-termbuying signals@heinzmarketing
  • 17. Managing referral sources
  • 18. Lead management process@heinzmarketing
  • 19. Lead scoring & next stepsScore Description Follow Up ActionA1 PERFECT FIT: BANT criteria andBehavior aligned for immediate need withlarger opportunity.Immediate Follow Up within 4 hours ofreaching Sales Queue.Promote Dreambox TrialA2 Strong Fit: possible smaller or longer termopportunity within a school district orschool.Immediate follow up within 4 hours ofreaching Sales Queue.Promote Dreambox Trial or DemoA3 Good Fit: BANT and strong interestindicated. School-based opportunity.Immediate follow up within 8 hours ofreaching Sales Queue.Introduce demo if a Project andTimeframe are being defined.A4 Potential Fit: Some key BANT criteria notyet determined.Follow Up within 24 hours of reachingSales Queue. Qualify further for BANTdetails.Provide white paper or webcastresources.B1 Potential Fit: School district opportunitybut more BANT definition required.Follow Up within 24 hours of reaching theSales Queue. Qualify further for BANTdetails.Provide white paper or webcastresources.B2 Potential Fit: School or classroomopportunity. More BANT definitionrequiredFollow Up within 48 hours of reaching theSales Queue.Attempt further qualification. Potentialmove back to Marketing Nurture.B3 Potential Fit: Longer term prospectingopportunity. May take longer to evaluatethe solution and secure budget approval.Follow Up within 48 hours of reaching theSales Queue.Attempt further qualification and provideinformative resources. Potential moveinto Nurture
  • 20. Content/nurture processMarket LeaderQ2 2010 Editorial CalendarWeek of May 3 Week of May 10 Week of May 17 Week of May 24 Week of May 31 Week of June Week of June 14 Week of June 21 Week of June 28Corporate ThemeContent ThemeCompany News (PR) Fiji Release Leading RE free trial Gathering of EaglesKeynote Recap200th MLSIndustry Calendar Mid-year NARBroker Ops (Bob) Agent productivity tools -whats recommended,whats working (blog, AR)Creating a customer-centric brokerage (blog)Top 10 reasons whybrokers should care aboutsocial media (blog, AR)12 ways to motivate,excite and retain youragents (blog)Broker LinkedIn Group Questions What productivity tools areyour agents using? Anythat have been adoptedacross the brokerage?What does customer-centric mean at yourbrokerage? What areyour best practices aroundthis?How many conferences todo you attend each year?Which are your favoritesand why?What is your brokeragedoing with social media?Can you measure specificnew business from theseinvestments?How has business beensince the home-buyercredit expired? What newpromotions have youinstituted to replace it?What are your bestpractices for motivating,exciting and retaining youragents?What is your brokeragedoing to encourage andfacilitate teamwork andresource sharing?How much training do youprovide your agents?What topics do you focuson?Leadership (Ian) The best customer serviceadvice I ever received(blog)Early listing seasonobservations (blog)Why listings matter evenin a buyers market (blog)Attracting & recruitingagents (blog)Agents & Teams (Scott) How to share bestpractices across yourteam (blog, AR)Team collaboration bestpractices (blog, AR)How to be more efficientwhen you dont alwaysshare the sameworkspace (blog, AR)Combining resourcesacross a team to increasemarketing impact (blog,AR)Sales & Marketing Advice (anon) Five seller appeasementstrategies that wont breakthe bank (blog, AR)Seller marketing tips fromreal estate veterans (blog,AR)Best practices for listingpresentations (blog, AR)Search & Web Tips (Thad) How to increase yourTwitter followers (blog,AR)Why your Web domain isso important (and why itsnot) (blog, AR)How to be immediatelyresponsive to your Webleads (blog, AR)How to help localbuyers/sellers find yourWeb site (blog, AR)Using social media tomarket your listings (blog,AR)Market Leader VoicesFive Ways to be a Market Leader(Video)5 ways to improve yoursearch results (Thad)5 ways to build a businesswithin a business (Ian)5 ways to instantlyimprove your customerservice (Scott)TBD TBD TBD TBD TBDIans Leadership Videos Five Characteristics of aSuccessful Real EstateBusinessBuilding a Customer-Centric BrokerageWhy Lead ManagementMatters (and why its oftenignored)Knowing when technologyis important, and when itsnotBringing it all together to grow your businessLeadershipCommentaryTraining&EducationGuest Posts: Broker Web site success stories (pullfrom Exit customers)Guest Posts: Best customer service you ever gave or received Guest Posts: Tips and Tricks to Establish Yourself as the Market LeaderSpring Season Heats Up Are you growing your market share?Q2May JuneNew Vision for Real Estate Industry@heinzmarketing
  • 21. Opportunity Management• Customer-centric process– Respond to symptoms & buying signals– Needs/objective discovery and digging– Pitch the outcome, then the solution• Tight CRM-based process & tracking– Develop tight reports/dashboards todemonstrate progress@heinzmarketing
  • 22. If you want more…@heinzmarketingmatt@heinzmarketing.com
  • 23. Questions?

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