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Lead Generation Quick Start Series

          Workshop #6

   The Science of Converting
     More Leads Into Deals
Today’s Speakers:
Featuring:	
  
Henry	
  Bruce	
  
President	
  
The	
  Rock	
  Annand	
  Group	
  
@hebruce	
  

 Moderator:	
  
 Andrew	
  Gaffney	
  	
  
 Editor	
  
 DemandGen	
  Report	
  
 @agaffney	
  
Welcome Webinar Attendees
Your	
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About DemandGen Report
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LeadGen Quick Start Series:
The Science of Converting More
Leads Into Deals


Henry Bruce, President
The Rock Annand Group
June 28, 2011
About The Rock Annand Group

■  My Focus: B2B Software and SaaS solution companies

■  Typical engagement scope/deliverables:
     Client acquisition strategy/program development
     Go-to-market strategy/positioning/messaging
     Sales and marketing alignment
      •  Strategic sales tools to drive pipeline performance/execution
     Interim VP/Director of Marketing

■  My Background: VP Sales/Marketing/Strategy
     Extensive sales and field ops/exec management experience
     Check me out:
      •  www.rockannandgroup.com
      •  LinkedIn: http://www.linkedin.com/in/henrybruce
      •  Twitter: @hebruce
Some interesting stats to consider …

■  Only 3 to 7% of new lead inquiries are sales-ready
■  70 – 80% of inquiries have latent demand and
  therefore go uncalled on by the sales team
■  87 out of 100 deals were initially left behind by sales
■  Takes 7 – 9 proactive communications to get attention
■  Best-in-class sales and marketing teams generate 4x
  closed deals than average teams
Focus on Lead Quality … NOT Quantity




 Source: Sirius Decisions 2010
Demonstrate Thought Leadership

■  Focus on your buyer s problems … NOT products
    Start with the primary problem you solve
■  Break the problem down into 3-4 main themes
    Why multiple themes? Buyers each have their “hot-buttons”
■  For example: eSignature Process Automation
    Audience: Financial Services (banks, lenders, debt services)
    Problem: Customer service expectations and regulatory
     compliance strain operational efficiency and increase costs
    Themes: Focus on process areas
     •  Automated account opening
     •  Loan origination and consolidation
     •  Debt consolidation
     •  Customer account management
Program Fundamentals:
Focus on 1 Theme for First 90 Days

■  Develop one good white paper
     Usually involves re-purposing an existing collateral piece
     Focus on the problem as it relates to the buyer
     Talk about the recommended solution as it relates to you BUT
      don’t mention your product
     Relate a client case study and highlight the results they achieved
     No more than 1000 words, ideally 500-600 words
      •  Hint: the length of a good blog post
■  Develop a 90 day campaign focused on that theme
     Month 1: Promote the white paper (email, BLOG post, tweet)
     Month 2: Webinar on the white paper (ideally with client)
     Month 3: Recap with white paper, webinar and client case study
     Create a separate landing page for all program components
Program Fundamentals:
Focus for Next Two Quarters

■  Repeat the campaign cycle for theme #2 in Q2, theme #3 in Q3, etc
■  Other recommendations:
     Optimize for search for each campaign
     If permission-based contacts is a problem, consider using reputable
      third party publishers (like DemandGen Report)
     Drive themes to other media channels
      •  LinkedIn
      •  Twitter
      •  Syndicated sites, guest blog posts
     Re-purpose each white paper into other formats
      •  Blog posts, Voice-over slides, YouTube video, etc
     Provide links to theme #1
     Establish “Welcome Campaign” for Inbound leads:
      •  When someone hits the web site or opts-in for newsletter or downloads content as
         part of specific campaign
      •  Qualify interest (preferences)
Program Fundamentals:
Establish Lead Management Platform

                                                     Sources



        Telemarketing       Online Marketing      Direct Mail   Web site           Email       Trade Shows




                                                                           Database
                                                                           (CRM System)


          Sales
                                                                                    Automated Ongoing
                                         Targeted                                   Communications
                                    Communications
                                                                                    Lead Gen &
                                        & Qualification                             Management

       External Partners/              Lead Evaluation
       Sellers                         & Scoring – How
                                          sales ready?                                Relationship
                                                                                      Management


                                 Sales Ready (Yes)              Not Sales Ready (Maybe)

                  Drive to Buy/Refer                              Build Relationships Influencers/Buyers


                             Source: Forrester, Aberdeen Group, Sirius Decisions
Summary and Take Aways

■  Focus on lead quality NOT quantity

■  Demonstrate thought leadership to gain credibility

■  Focus beyond the immediate quarter

■  Establish platform that fosters community

■  Test and measure everything ,,,
Thank you … Any questions??

henry@rockannandgroup.com
Twitter: @hebruce
LinkedIn: www.linkedin.com/in/henrybruce
Blog: www.rockannandgroup.com/blog
Questions
1. Viewer Window    2. Control Panel




                      Type your question here
Thank you for attending!
Watch	
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#1	
  Lead	
  GeneraDon	
  A	
  to	
  Z	
  
#2	
  Selling	
  Lead	
  Gen	
  Internally	
  
#3	
  The	
  Role	
  of	
  Content	
  in	
  Driving	
  Leads	
  
#4	
  Transforming	
  Your	
  Company	
  Into	
  A	
  “Lead	
  Magnet”	
  
#5	
  Building	
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  Lead	
  Funnel	
  

Spread	
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  word!	
  	
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The Science of Converting More Leads Into Deals

  • 1. Lead Generation Quick Start Series Workshop #6 The Science of Converting More Leads Into Deals
  • 2. Today’s Speakers: Featuring:   Henry  Bruce   President   The  Rock  Annand  Group   @hebruce   Moderator:   Andrew  Gaffney     Editor   DemandGen  Report   @agaffney  
  • 3. Welcome Webinar Attendees Your  GoToWebinar  A6endee  Viewer  is  made  of  2  parts:   1. Viewer Window 2. Control Panel Type your question here
  • 4. About DemandGen Report -­‐  Launched  in  2007  to  track  best   pracDces  in  lead  generaDon   -­‐  NewsleHer  has  grown  to  more   than  25,000  readers   -­‐  We  also  offer  a  menu  of  research   and  best  pracDces  reports     -­‐  New  audio/video  podcasts  at   DemandGenReport.com       @DG_Report   linkd.in/DG_Specialists    
  • 5. LeadGen Quick Start Series: The Science of Converting More Leads Into Deals Henry Bruce, President The Rock Annand Group June 28, 2011
  • 6. About The Rock Annand Group ■  My Focus: B2B Software and SaaS solution companies ■  Typical engagement scope/deliverables:   Client acquisition strategy/program development   Go-to-market strategy/positioning/messaging   Sales and marketing alignment •  Strategic sales tools to drive pipeline performance/execution   Interim VP/Director of Marketing ■  My Background: VP Sales/Marketing/Strategy   Extensive sales and field ops/exec management experience   Check me out: •  www.rockannandgroup.com •  LinkedIn: http://www.linkedin.com/in/henrybruce •  Twitter: @hebruce
  • 7. Some interesting stats to consider … ■  Only 3 to 7% of new lead inquiries are sales-ready ■  70 – 80% of inquiries have latent demand and therefore go uncalled on by the sales team ■  87 out of 100 deals were initially left behind by sales ■  Takes 7 – 9 proactive communications to get attention ■  Best-in-class sales and marketing teams generate 4x closed deals than average teams
  • 8. Focus on Lead Quality … NOT Quantity Source: Sirius Decisions 2010
  • 9. Demonstrate Thought Leadership ■  Focus on your buyer s problems … NOT products   Start with the primary problem you solve ■  Break the problem down into 3-4 main themes   Why multiple themes? Buyers each have their “hot-buttons” ■  For example: eSignature Process Automation   Audience: Financial Services (banks, lenders, debt services)   Problem: Customer service expectations and regulatory compliance strain operational efficiency and increase costs   Themes: Focus on process areas •  Automated account opening •  Loan origination and consolidation •  Debt consolidation •  Customer account management
  • 10. Program Fundamentals: Focus on 1 Theme for First 90 Days ■  Develop one good white paper   Usually involves re-purposing an existing collateral piece   Focus on the problem as it relates to the buyer   Talk about the recommended solution as it relates to you BUT don’t mention your product   Relate a client case study and highlight the results they achieved   No more than 1000 words, ideally 500-600 words •  Hint: the length of a good blog post ■  Develop a 90 day campaign focused on that theme   Month 1: Promote the white paper (email, BLOG post, tweet)   Month 2: Webinar on the white paper (ideally with client)   Month 3: Recap with white paper, webinar and client case study   Create a separate landing page for all program components
  • 11. Program Fundamentals: Focus for Next Two Quarters ■  Repeat the campaign cycle for theme #2 in Q2, theme #3 in Q3, etc ■  Other recommendations:   Optimize for search for each campaign   If permission-based contacts is a problem, consider using reputable third party publishers (like DemandGen Report)   Drive themes to other media channels •  LinkedIn •  Twitter •  Syndicated sites, guest blog posts   Re-purpose each white paper into other formats •  Blog posts, Voice-over slides, YouTube video, etc   Provide links to theme #1   Establish “Welcome Campaign” for Inbound leads: •  When someone hits the web site or opts-in for newsletter or downloads content as part of specific campaign •  Qualify interest (preferences)
  • 12. Program Fundamentals: Establish Lead Management Platform Sources Telemarketing Online Marketing Direct Mail Web site Email Trade Shows Database (CRM System) Sales Automated Ongoing Targeted Communications Communications Lead Gen & & Qualification Management External Partners/ Lead Evaluation Sellers & Scoring – How sales ready? Relationship Management Sales Ready (Yes) Not Sales Ready (Maybe) Drive to Buy/Refer Build Relationships Influencers/Buyers Source: Forrester, Aberdeen Group, Sirius Decisions
  • 13. Summary and Take Aways ■  Focus on lead quality NOT quantity ■  Demonstrate thought leadership to gain credibility ■  Focus beyond the immediate quarter ■  Establish platform that fosters community ■  Test and measure everything ,,,
  • 14. Thank you … Any questions?? henry@rockannandgroup.com Twitter: @hebruce LinkedIn: www.linkedin.com/in/henrybruce Blog: www.rockannandgroup.com/blog
  • 15. Questions 1. Viewer Window 2. Control Panel Type your question here
  • 16. Thank you for attending! Watch  the  full  series  on-­‐demand:   #1  Lead  GeneraDon  A  to  Z   #2  Selling  Lead  Gen  Internally   #3  The  Role  of  Content  in  Driving  Leads   #4  Transforming  Your  Company  Into  A  “Lead  Magnet”   #5  Building  A  Lead  Funnel   Spread  the  word!    -­‐>  bit.ly/LeadGen-­‐QuickStart  <-­‐