SlideShare a Scribd company logo
1 of 5
Download to read offline
LIFEPALS GLOBAL
OUTSOURCED
B2B LEAD-GEN
BRINGS 40%
INCREASE IN SALES
ROI
C O NT ENT S
INTRO
HOW IN-HOUSE LEAD-GEN GETS DONE
MEET THE OUTSOURCED LEAD-GEN
DEPARTMENT
CONCLUSIONS
M / +91 963 227 6450
E / connect@lifepalsglobal.com
W www.lifepalsglobal.com
Romania
2 PROJECT BRIEF
INTRO
”B2B lead-generation is not mass marketing”. This is common knowledge. Or…is it? In order to
get results, simplicity is the key: ask simple questions, know simple facts and perform simple actions,
but with a high impact.
This white paper aims to do just that, in order to provide you with some relevant numbers and, finally,
to draw the line on why lead-generation outsourcing is far more efficient and profitable than doing it in-
house. To anticipate, an outsourced lead-generation department can bring with up to 43% better
results than an in-house one. Read below some real-life examples on how you can achieve this
result and find out more benefits of outsourcing your lead-gen activities.
HOW IN-HOUSE LEAD-GEN GETS DONE
As far as any non-core business activity is concerned, “in-house” usually means everyone’s involved,
and nobody is responsible for the result. Lead-generation is in most cases a non-standard process,
performed occasionally – mainly when the sales team is running out of contacts or meetings to fill-up
the sales agenda.
Other in-house factors contribute to lead-generation being more of a wasted effort rather than a
continuous flow into the sales funnel:
 Lack of follow-up on events attended. Business events, tradeshows or conferences in
which company executives, sales people and other employees get involved are just as good
an opportunity as any other to get leads (maybe better than many others, in fact). But without
follow-up on the prospects identified there, your return on the overall attendance costs is close
to null; this costs usually are a large proportion of the marketing and sales budgets.
 Lack of follow-up on telemarketing campaigns. These campaigns are expensive enough
as it is, but lack of continuous follow-up determines a loss of even that small number of
meaningful, well-qualified opportunities identified due to telemarketing efforts.
 Feedback from the market is not used. Every market interaction is feedback: emails on the
office email address on the website, clicks on your online expensive ad or LinkedIn messages
asking for a professional advice. Not taking advantage of this interaction, again, means losing
an opportunity.
 Incorrect targeting. Not talking to the decision maker means you’ve lost time, no doubt about
it. Unfortunately, people generating leads in-house will often stop their research when they find
any company executive. They will fail to see that manager doesn’t have the power of attorney,
and the person to talk to in that particular company is a specific C level manager addressed
with a clear proposal.
3 PROJECT BRIEF
 Using a unique channel to generate leads. This is the most often encountered, yet the
most nonperforming lead-gen strategy with most companies. Channeling all your efforts on a
single channel like telemarketing, or direct e-mailing, can be a risky game: once everyone on
the market is doing the same thing, there’s too much noise for you to be heared. The
consequences are a reduced number of leads from this sole channel and never developing a
constant stream of opportunities.
 Leaving it on the team’s junior. Leaving the activity on the sales team’s newcomer is one
fatal mistake since it is sure to cost you much more than if your most senior person would
handle it. The time spent in inappropriate meetings with the wrong prospects is one of the
most often reasons invoked on disqualifying cold calling or other sales activities performed by
juniors.
FIGURE 1 – THE REAL COSTS OF IN-HOUSE LEAD GENERATION
Internal resources needed 1 dedicated lead-gen expert
Sales cycle length ≈12 months. 2 additional months spent in training (for new
employees)
Internal costs ≈ 8,500 $/year in salary
≈1,500 $/year in benefits
Average target contract
value
100,000 $
 Percentage of investment in revenues: 10%
 10,000 $ in expenses to get 100,000$ in revenues
 ROI 10: for each dollar spent , you get 10
MEET THE OUTSOURCED LEAD-GEN DEPARTMENT
Outsourcing your lead-gen department means giving this responsibility to a company for which this is
core business, and masters the right tools to deliver qualitative results. As opposed to telemarketing,
for instance, you won’t get 200 “leads” per month, you will get (depending on the size of your
company and the industry you’re in) maybe 2, but these 2 leads have a far greater chance to turn into
contracts.
Here is why:
4 PROJECT BRIEF
 Clear client profiling. Lead-gen specialists use multiple methods to find out every bit of
useful information about prospects and to draw out the picture of the perfect client:
likes/dislikes, needs and behavior. Most importantly, these specialists consider the sales
process exclusively from the client’s perspective, thus making it easier for them to understand
what the client wants.
 Correct targeting. You get to talk to the person who makes the buying decision, because the
outsourced lead-gen team researches each company in depth, finding the latest, most
relevant data.
 Qualified leads. You will never waste time on a meeting with someone who hasn’t expressed
a clear need for your products/services, or who doesn’t have the necessary budget to acquire
them. Instead, you only get meetings with people who understand what you are selling, need
it, and afford to buy it.
 Follow-up & feedback. All opportunities are followed until they become qualified leads, or
they are determined not to be valuable. Also, the outsourced lead-gen team has the ability to
use market feedback to get more leads.
 Multi-channel approach. A good B2B lead gen partner will use a complex mix of lead
generating channels, including networking, online and offline communication, list building from
many sources, the newest communication channels with the prospect’s social groups, etc.
This significantly reduces the risk to be associated with the outputs of just one channel to
generate leads.
 Engaged responsibility. It takes 6 months to 1 year for you to consider weather a member of
your internal lead generation team is qualified and is producing results. It takes much more if
you are considering the time required for him to be trained to your industry, your methods of
generating leads etc, and in the meanwhile, if this person is not the one for the job you have to
start over. By comparison, it takes you 1 month to see wheather your lead-gen partner is up to
the contracted expectations.
FIGURE 2 – OUTSOURCED LEAD-GEN DEPARTMENT COSTS
Outsourced resources
needed
Extended lead-gen and consulting team
Sales cycle length ≈ 3 months - no additional time required for training, due to
specialization.
External costs ≈ 7,000 $ for a 3 months average lead-gen contract
Average target contract
value
100,000 $
5 PROJECT BRIEF
 Percentage of investment in revenues: 7%
 7,000 $ in expenses to get 100,000$ in revenues,
 ROI 14,3: for each dollar spent, you get 14,3
CONCLUSIONS
Bottom line of lead-gen outsourcing is that it can deliver sales leads better than you can, reducing
cost, reducing risk and increasing your opportunities for business development.
 Increase speed-to-market: 3 months of lead-gen outsourcing bring you the same
results as 12 months of in house lead-gen, with smaller costs & bigger ROI

More Related Content

Recently uploaded

Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Dubai Multi Commodity Centre
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
zukhrafshabbir
 
What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...
AnaBeatriz125525
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
srcw2322l101
 

Recently uploaded (20)

The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdf
 
Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.
 
LinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptxLinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptx
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
 
Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdf
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
Raising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE VenturesRaising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE Ventures
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
Unveiling Gemini: Traits and Personality of the Twins
Unveiling Gemini: Traits and Personality of the TwinsUnveiling Gemini: Traits and Personality of the Twins
Unveiling Gemini: Traits and Personality of the Twins
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptxBlinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
 
What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

Featured (20)

Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 

Lifepals global white-paper-lead-generation-roi

  • 1. LIFEPALS GLOBAL OUTSOURCED B2B LEAD-GEN BRINGS 40% INCREASE IN SALES ROI C O NT ENT S INTRO HOW IN-HOUSE LEAD-GEN GETS DONE MEET THE OUTSOURCED LEAD-GEN DEPARTMENT CONCLUSIONS M / +91 963 227 6450 E / connect@lifepalsglobal.com W www.lifepalsglobal.com Romania
  • 2. 2 PROJECT BRIEF INTRO ”B2B lead-generation is not mass marketing”. This is common knowledge. Or…is it? In order to get results, simplicity is the key: ask simple questions, know simple facts and perform simple actions, but with a high impact. This white paper aims to do just that, in order to provide you with some relevant numbers and, finally, to draw the line on why lead-generation outsourcing is far more efficient and profitable than doing it in- house. To anticipate, an outsourced lead-generation department can bring with up to 43% better results than an in-house one. Read below some real-life examples on how you can achieve this result and find out more benefits of outsourcing your lead-gen activities. HOW IN-HOUSE LEAD-GEN GETS DONE As far as any non-core business activity is concerned, “in-house” usually means everyone’s involved, and nobody is responsible for the result. Lead-generation is in most cases a non-standard process, performed occasionally – mainly when the sales team is running out of contacts or meetings to fill-up the sales agenda. Other in-house factors contribute to lead-generation being more of a wasted effort rather than a continuous flow into the sales funnel:  Lack of follow-up on events attended. Business events, tradeshows or conferences in which company executives, sales people and other employees get involved are just as good an opportunity as any other to get leads (maybe better than many others, in fact). But without follow-up on the prospects identified there, your return on the overall attendance costs is close to null; this costs usually are a large proportion of the marketing and sales budgets.  Lack of follow-up on telemarketing campaigns. These campaigns are expensive enough as it is, but lack of continuous follow-up determines a loss of even that small number of meaningful, well-qualified opportunities identified due to telemarketing efforts.  Feedback from the market is not used. Every market interaction is feedback: emails on the office email address on the website, clicks on your online expensive ad or LinkedIn messages asking for a professional advice. Not taking advantage of this interaction, again, means losing an opportunity.  Incorrect targeting. Not talking to the decision maker means you’ve lost time, no doubt about it. Unfortunately, people generating leads in-house will often stop their research when they find any company executive. They will fail to see that manager doesn’t have the power of attorney, and the person to talk to in that particular company is a specific C level manager addressed with a clear proposal.
  • 3. 3 PROJECT BRIEF  Using a unique channel to generate leads. This is the most often encountered, yet the most nonperforming lead-gen strategy with most companies. Channeling all your efforts on a single channel like telemarketing, or direct e-mailing, can be a risky game: once everyone on the market is doing the same thing, there’s too much noise for you to be heared. The consequences are a reduced number of leads from this sole channel and never developing a constant stream of opportunities.  Leaving it on the team’s junior. Leaving the activity on the sales team’s newcomer is one fatal mistake since it is sure to cost you much more than if your most senior person would handle it. The time spent in inappropriate meetings with the wrong prospects is one of the most often reasons invoked on disqualifying cold calling or other sales activities performed by juniors. FIGURE 1 – THE REAL COSTS OF IN-HOUSE LEAD GENERATION Internal resources needed 1 dedicated lead-gen expert Sales cycle length ≈12 months. 2 additional months spent in training (for new employees) Internal costs ≈ 8,500 $/year in salary ≈1,500 $/year in benefits Average target contract value 100,000 $  Percentage of investment in revenues: 10%  10,000 $ in expenses to get 100,000$ in revenues  ROI 10: for each dollar spent , you get 10 MEET THE OUTSOURCED LEAD-GEN DEPARTMENT Outsourcing your lead-gen department means giving this responsibility to a company for which this is core business, and masters the right tools to deliver qualitative results. As opposed to telemarketing, for instance, you won’t get 200 “leads” per month, you will get (depending on the size of your company and the industry you’re in) maybe 2, but these 2 leads have a far greater chance to turn into contracts. Here is why:
  • 4. 4 PROJECT BRIEF  Clear client profiling. Lead-gen specialists use multiple methods to find out every bit of useful information about prospects and to draw out the picture of the perfect client: likes/dislikes, needs and behavior. Most importantly, these specialists consider the sales process exclusively from the client’s perspective, thus making it easier for them to understand what the client wants.  Correct targeting. You get to talk to the person who makes the buying decision, because the outsourced lead-gen team researches each company in depth, finding the latest, most relevant data.  Qualified leads. You will never waste time on a meeting with someone who hasn’t expressed a clear need for your products/services, or who doesn’t have the necessary budget to acquire them. Instead, you only get meetings with people who understand what you are selling, need it, and afford to buy it.  Follow-up & feedback. All opportunities are followed until they become qualified leads, or they are determined not to be valuable. Also, the outsourced lead-gen team has the ability to use market feedback to get more leads.  Multi-channel approach. A good B2B lead gen partner will use a complex mix of lead generating channels, including networking, online and offline communication, list building from many sources, the newest communication channels with the prospect’s social groups, etc. This significantly reduces the risk to be associated with the outputs of just one channel to generate leads.  Engaged responsibility. It takes 6 months to 1 year for you to consider weather a member of your internal lead generation team is qualified and is producing results. It takes much more if you are considering the time required for him to be trained to your industry, your methods of generating leads etc, and in the meanwhile, if this person is not the one for the job you have to start over. By comparison, it takes you 1 month to see wheather your lead-gen partner is up to the contracted expectations. FIGURE 2 – OUTSOURCED LEAD-GEN DEPARTMENT COSTS Outsourced resources needed Extended lead-gen and consulting team Sales cycle length ≈ 3 months - no additional time required for training, due to specialization. External costs ≈ 7,000 $ for a 3 months average lead-gen contract Average target contract value 100,000 $
  • 5. 5 PROJECT BRIEF  Percentage of investment in revenues: 7%  7,000 $ in expenses to get 100,000$ in revenues,  ROI 14,3: for each dollar spent, you get 14,3 CONCLUSIONS Bottom line of lead-gen outsourcing is that it can deliver sales leads better than you can, reducing cost, reducing risk and increasing your opportunities for business development.  Increase speed-to-market: 3 months of lead-gen outsourcing bring you the same results as 12 months of in house lead-gen, with smaller costs & bigger ROI