Marketers tend to focus on the top of the marketing funnel – driving more traffic to the website, for example, and the bottom of the funnel – closing the sale. If prospects aren’t ready to buy right now, they are abandoned. Sometimes they’re never even identified in the first place.But that’s where the gold is. And the purpose of this presentation is to remind you of that.You have to engage prospects at various stages of the buying process and nurture or develop them into customers. Not everyone is ready to reach for a credit card or speak to your sales team or even give you their contact information. This doesn’t mean they aren’t valuable to you.
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6 months after “inquiring”, just 23% of those surveyed by sales lead expert Mac MacIntosh, had actually bought the product or service they inquired about. BTW, they bought either from the original company OR A COMPETITOR.Image courtesy of: http://www.adventurepostoffice.com
67% of those surveyed (that did not buy within the 6 months) still INTENDED to buy, but were not yet ready.Image courtesy of: http://commons.wikimedia.org/
According to Focus, only in the last third of the buying process to prospects actually want to engage with a sales representative.Image courtesy of: http://edlabor.house.gov/
According to DemandGen Report, nurtured leads produce – on average – a 20% increase in Sales Opportunities versus non-nurtured leads.Image courtesy of http://www.expressions-grants.com
Source data: MIT Study with InsideSales.com78% of sales that started with a web inquiry went to the FIRST company that responded!Image courtesy of: http://www.seekjerseys.com/images/jerseys/nfl/oakland-raiders/shell-black-78-jersey.jpg
Questions you might have…Getting the prospect interested,
Modified from Brian Carroll’s Lead Gen for the Complex SaleL1 & L2 Good for lead nurturingL3 & L4 sales people
Source data: MIT Study with InsideSales.comThe average company only makes between 1.5 and 1.7 follow up attempts before giving up! And takes 2-3 days to do so!
Modified from Brian Carroll’s Lead Gen for the Complex SaleL1 & L2 Good for lead nurturing – triggered by the prospect’s ACTION – Download a trial, receive information over the course of the trial period that help the user to install and use the software. Final email in drip campaign asks if the prospect wants to speak to a sales rep.L3 & L4 sales people
Might be a good place for a picture?From Success.HubSpot.com: Overview: Increase Lead Reconversion Rates With HubSpot Lead NurturingLead Nurturing is the art and science of crafting a series of emails that get automatically sent to your leads after they first convert to get them to take more steps down your funnel without you doing a thing!!Marketers that use lead nurturing typically get a much higher conversion rate of leads into customers. You’ve probably invested a lot of time and effort to get your leads in the first place. It would be crazy not to invest the additional bit of effort to create Lead Nurturing campaigns that ensure that as many of those leads as possible become customers. If you have even just one form or landing page hooked up to HubSpot, DO NOT REST until you have at least 1 Lead Nurturing campaign actively maximizing the chance that those hard-earned leads become customers.According to MarketingSherpa, 70% of your leads will end up buying something from you or one of your competitors, but they won’t do it right away! Lead Nurturing lets you keep progressing those leads down your funnel and stay top-of-mind so that when they are ready to buy, there’s a good chance they’ll buy from you, and not one of your competitors.Even if you or a sales rep contacts every one of your leads, you should set up Lead Nurturing to keep your leads moving down your funnel in parallel with your human-based efforts.
Modified from Brian Carroll’s Lead Gen for the Complex Sale
Modified from Brian Carroll’s Lead Gen for the Complex SaleL1 & L2 Good for lead nurturingL3 & L4 sales people
Each lead nurturing campaign, can be attached to a conversion form. When a lead converts for the first time, they will then begin receiving your lead nurturing campaign.
KARENFrom Can Spam – your from, to and reply to must be accurate and identify the person or business who is sending the message
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KARENPreview your email before you sendYou’ll notice in the preview that your Can Spam compliant footer is automatically added. This includes, your company name, address as well as a line letting people know why they are receiving this email. In addition an unsubscribe link is automatically added. You can send yourself or a colleague a test, or save a draft to send laterIf you click Send now, we’ll take over and start processing the email. It will start sending within 15 minutes, and the total deliver length will depend on how many leads you are emailing. If you save a draft, we’ll keep track of the recipients and you can send it later at your convenience.
If your company does not convert many of those “long sales cycle” leads into a customer, the problem is NOT lead quality or the competition. Forrester Research says that companies following a lead management process that includes Lead Nurturing, have closing rates 300% higher than their competitors who do not stay in touch with qualified and qualifiable leads. Source date: Forrester ResearchImage courtesy of: http://www.gerardbutler.net/300/images/300-logo.png
My team is 4 of our most senior team members. We’re adding 2 additional team members to the team next week. If you’d like to discuss how we can you help you, request a call.During this call, we typically talk about -The challenges that are holding you back from growth- Ways to increase client acquisition and retention rates- Ways to transition from project work to securing larger and longer retainers- Recruiting, training and managing employees and contractors successfully- Identifying service offerings that can provide additional value to your clients and growth potential for you- Ways to stay steps ahead of your competition in your knowledge of how to apply technology to marketing- Setting your inbound lead generation goals based on your sales and revenue goals
HubSpot provides software + training to help businesses get found online, convert site visitors into leads and customers. The software helps measure and analyze what’s happening, so users can improve their lead generation and customer acquisition results over time. We now have over 1500 customers and are signing up about 150 new customers every month. We are up past 90 employees now, and we are always looking for new inside sales professionals, and software developers. You can apply online at hubspot.com/careers.
Here are the links to start a free trial for yourself or a client. You can also go to http://www.hubspot.com/partners and complete the form to get access to these links. Please do not advertise the availability of these trials. Typically, we offer only a 7 day trial.
My team is 4 of our most senior team members. We’re adding 2 additional team members to the team next week. If you’d like to discuss how we can you help you, request a call.During this call, we typically talk about -The challenges that are holding you back from growth- Ways to increase client acquisition and retention rates- Ways to transition from project work to securing larger and longer retainers- Recruiting, training and managing employees and contractors successfully- Identifying service offerings that can provide additional value to your clients and growth potential for you- Ways to stay steps ahead of your competition in your knowledge of how to apply technology to marketing- Setting your inbound lead generation goals based on your sales and revenue goals
- Weekly email on Thursdays w/ all of the live webinars you need to register, other homework you should complete.
- Weekly email on Thursdays w/ all of the live webinars you need to register, other homework you should complete.
- A page on our website w/ a list of the live webinars. Click the links to register and get login info each week.
You’ll need to regsiter each week for the classes. This is our way of checking attendance. People that attend regularly will get special attention and special perks.
- Homework. For example, next week, we’ll be telling you to download the inbound marketing calculator and run through the numbers for your own business.