Lead generation: The key to success in sales

Lead generation: The key to success in sales

Lead generation: The key to success in sales

Lead generation is a process in the marketing area, which involves capturing and stimulating people’s interest in a specific service or product, with the intention of developing a sales channel. Therefore, the generation of potential clients can be part of B2B and B2C marketing, since this process is developed through an active approach oriented to the growth of your company. Lead generation tactics allow your business to focus on building business relationships with qualified prospects, rather than dispersing communication to a group of consumers who are not potential customers and therefore will not become end customers.

However, in such a competitive environment, the work of generating leads becomes challenging for companies, since one of the first milestones when starting to work is to determine the key performance indicators or KPI’s, since choosing them is essential. to be able to keep track of the evolution of the demand generation strategy during and after its implementation. On the other hand, many companies have to deal with the difficulty of building a message that covers the entire target audience, since the challenge is knowing what type of information and format to send to each segment of the contact base. In addition, detecting what stage they are in is vital to generate a content map and thus add value at each key moment in a strategic way.

To create a lead generation campaign, the first action you must take is to analyze the needs and resources of your company. After this first step, let’s review the two paths and their tools in B2B and B2C campaigns to achieve good results in this competitive world of demand generation:

1. B2B campaigns

To start a B2B campaign, the first fundamental strategy is to have a good team of sales representatives, since thanks to the technological infrastructure itself and the people on the team, the process of capturing leads is easy to optimize and streamline. In addition, these sales representatives are trained in call management, so their work will undoubtedly be very agile, in addition to validating and qualifying leads.

This direct contact strategy must have a clear and defined objective. In the case of capturing leads, the objective will be the generation of valuable information for the brand, always based on its needs with respect to its customers. To do this, it is possible to start from the brand’s own databases or those acquired by it.

Another of the tasks of this team is to record all the interactions carried out in the process of capturing leads. Through this information that is generated in the interaction with the potential client, it will be possible to find out very useful information for the brand, which can give us data on the behavior of potential clients, their opinion regarding the brand, disagreements, availability of products and services, what are their current needs in the market, etc.

A fundamental support for the sales team is the pre-sales engineer. A professional who is in charge of explaining to the client which products or services are the ones that best meet their needs and expectations and locate the opportunities to improve a project; since there are clients who are unaware of the need to apply a specific solution to meet their corporate goals.

BANT: Quality vs. Price

The BANT methodology is the most proactive and effective way to find out if a potential client is really interested in the product or service you offer and was developed by IBM. But let’s see what this acronym means and its requirements:

  • Budget (Budget): Does the client have an assigned budget for the project?
  • Authority (Authority): Is the contact a decision maker or an influencer?
  • Need: Is there a real customer need for our product/service/solution?
  • Time (Time): Does the client have a project implementation deadline defined?

It must be taken into account that this methodology takes into account the budget and also explores in greater depth and interest the problem that has motivated the decision to evaluate a B2B solution. 

2. B2C: Digital Tools on the Path to Success

According to a survey of marketing leaders that generated HubSpot’s State of Marketing, 50% of professionals surveyed consider lead generation campaigns to be a priority in their marketing strategies. marketing. Likewise, in said report, the specialists were asked to name their main priority during the next 12 months. 34% mentioned lead generation as the most common answer. Lead generation outpaced increased customer satisfaction (22%), increased brand awareness (19%), and more deals closed (14%).

Given the above scenario, it is essential to be clear about the essential tools to take into account, and thus obtain that long-awaited success in the lead generation campaign, but let’s review as a second strategy what are those 4 key digital tools in lead generation :

4 key digital tools in lead generation

Email

Email is an excellent starting point to reach people who know your brand, since it is easier to ask them to complete a specific action, because they have previously subscribed to a certain list. Compared to global email marketing campaigns, lead nurturing will help you get to know your contacts or leads little by little, so that when the time is right you will be able to send the right message to the right person. Email marketing messages must follow a certain logic, not only being optimized for direct conversions, but also for engagement. The commitment can be divided into emotional towards the brand and behavioral (with a present or future action).

Active recipients must demonstrate interactive engagement with emails (click on emails, read, reply). This activity is taken as a signal that the messages are interesting and cause a reaction. Each action should represent a step towards conversion.

Memorable Ads

If you want people to be moved to take your product or service, it’s critical to make sure your landing page and offer are clear and accurate about what you promised in the ad, and that the action is detailed. what do you want them to do

Content

A good starting point is to create a blog, because if it is eye-catching and with relevant and current content, it will arouse the interest of the user and, as a result, generate successful leads. Companies like  Impact found that 70% of the population prefers to learn about products through an article instead of an advertisement.

Social networks 

It is essential and key to decide in which social network the company will have a presence. It’s important to be strategic and only invest effort in networks that fit your industry and marketing goals. Aspects such as the dynamics of users in the social network, the brand and business objectives, the type of segmentation, the tone and language that we will use for our brand in digital media, in addition to conducting research on the industry and the metrics it offers the social network, will guide us to decide which are the best options to continue the course of the lead generation campaign.

Based on our experience in demand generation campaigns with our clients, we have reached the countries of the Latin American and Central American regions developing effective campaigns in which we have found:

  • Qualified potential clients: In one quarter we have managed to capture 100 qualified leads for our B2B clients in Latam.
  • Data management: We captured more than 2,386 quarterly companies around the regions of Latin America and Central America.
  • We have generated around 120 quarterly appointments with potential clients and 180 scheduled appointments.
  • The success rate of our demand generation campaigns averages 10% over an updated universe of accounts nurtured by marketing.

 What are you waiting for to implement a lead generation campaign in your company?

We know the importance of lead management in your company, and we also know that a correct strategy is one of the first steps to success. At Isource Marketing we are ready to help you start that campaign towards your business goals and a successful closing of sales. We have a highly qualified team and more than 15 years of experience as a strategic partner. Contact us!

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MQL and SQL: The Key to Increase Your Sales in 2022

MQL and SQL: The Key to Increase Your Sales in 2022

MQL and SQL The key to increase your sales in 2022Lead generation is the basis of inbound marketing strategies (a commercial methodology that seeks to attract customers by creating valuable content.) However, not all leads are the same, and the path between the moment a user shares their data with us for the first time and the point at which they are ready to exercise the purchase action. For lead generation to work, it is essential to identify two stages in the process: Marketing Qualified Lead (MQL) and Sales Qualified Lead (SQL).

The MQL (Marketing Qualified Lead) is the potential customer qualified by marketing, a person who knows exactly what they are looking for from a brand or company. They have explored the web and downloaded some free material in exchange for entering their data. With this information, the company can track their interactions.

The process of generating MQL is a fundamental challenge for marketing professionals, and it has been shown that having this indicator exponentially increases sales and the success of companies.

The MQL (Marketing Qualified Lead) is the potential customer qualified by marketing

However, it is important to note that if a lead is an MQL, it does not mean that they are ready to buy the product or contract the service; it may be a curious person, in the research phase, who may have been content with just downloading the free material and who in the future may buy the product or service.

To classify a lead as MQL you must:

  • Know in depth the profile of your ideal client.
  • Apply smarketing, a term in English to designate the strategy that aligns the sales and marketing teams, creating a synergy of techniques or tactics between them.
  • Carry out lead scoring, which consists of classifying your leads using criteria and scores.
  • Use tools and solutions that help you accurately control where your potential customer is in the funnel.

The SQL (Sales Qualified Lead) is the potential customer most likely to buy. They have gone through the entire funnel, interacted on the website, and perhaps have asked about a product or service that they consider the solution to a problem or the answer to a need. The MQL becomes an SQL thanks to strategic work that is possible if:

  • It matches the requirements of the ideal customer.
  • It has the necessary means to pay.
  • It is a decision-maker (for example, of legal age).
  • It has shown an interest in buying, not just browsing the web out of curiosity.

The SQL (Sales Qualified Lead) is the potential customer most likely to buy

Once we have the MQL, we establish an exchange of information that strengthens its link with the brand and this can encourage it to evolve to SQL, through the completion of the sale. This process of correctly qualifying the lead significantly increases the probability of closing a deal.

Using a CRM (Customer Relationship Management) during this process of converting MQL leads into SQL helps improve team productivity, enhancing actions for each prospect.

Let’s remember that the CRM stores information on current and potential clients – name, address, telephone, etc –, and their activities and points of contact with the company, including visits to sites, telephone calls, and e-mails, among other interactions.

The platform gathers and integrates valuable data to prepare and update teams with personal customer information, purchase history and preferences, which allows the prospect’s history and the actions that have been developed with the MQL to be concentrated in one space and the SQLs.

A CRM organizes and automates accounts and contacts in an accessible way, in real-time, accelerating and simplifying the sales process, this avoids depending on reminders in sticky notes and spreadsheet analysis. Instead, leads are sent to the sales team, who always have access to up-to-date information.

What did you think of this blog? At Isource Marketing we have the experience to advise you and create a tailored marketing campaign that captivates your ideal client and increases the sales of your product or service, allowing you to achieve success. Contact us: https://isource.agency/#contact

Differences between MQL and SQL

Knowing MQL and SQL fundamentals can help you grow your sales in 2022. Companies like Dynatrace, Imperva, and IBM base their marketing and sales strategies on correctly dealing with MQL and SQL, and we at Isource Marketing are happy to help you along the way. Need more information? Visit https://isource.agency/#services for more information.

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8 Ideas for B2B Lead Generation

8 Ideas for B2B Lead Generation

2020 was a year to redirect sales strategies. With the arrival of COVID-19 and social isolation, the ability to develop opportunities were restricted and the face-to-face relationship with potential clients became more complex. As a major obstacle, this change represented a new model when prospecting, which will not disappear in the near future.

Therefore, in order to help plan a sales strategy, we will be sharing 8 ideas for the successful generation of leads in the B2B sector in 2021.

1. Social Networks Sell
Social selling, with increasing force

Social selling is a way of obtaining prospects with the help of social networks –especially LinkedIn and Twitter– aiming to generate credibility and establish relationships with objective clients and , consequently, achieve commercial objectives. In the so-called “new normal”, social selling is a tool that allows us to take the next evolutionary leap within the digital transformation and adapt to the new sales funnel – depending on customer demand.

2. Connect to LinkedIn and Twitter!
At all times, and at every moment

In addition to the previous point, every day hundreds and thousands of professionals from various industries discuss and communicate on LinkedIn and Twitter. Although both social networks are different and offer different resources, do not lose sight of interactions that take place there; there will always be prospects willing to communicate with you.

 

3. Keep an eye on Sales Navigator
A premium tool with clear advantages

Do you want to improve your skills to prospect in the B2B sector? Sales Navigator is a premium LinkedIn resource, but is very effective because it simplifies the process of finding, contacting, and staying up-to-date with leads, referrals, and customers. It is a platform that allows you to save hours of manual tracking of potential clients and exchange information with. This will allow you to spend more time closing sales, making calls, or offer products and/or service demonstrations.

4. Always be active on LinkedIn, Facebook, and Reddit!
Effective platforms to find potential clients

On them, individuals often ask questions in regards to solving certain problems. They can provide unique opportunities to help find real solutions. In terms of reach, it may not be the main source of attracting prospects, but it does provide a very good opportunity of getting closer to them.

5. Offer useful tools
Free and convenient

They are resources that help strengthen brand recognition and build trust between both parties. For example, if your company develops a collaborative software, providing a free 30-day trial that offers basic functionalities will help potential customers understand and get to know the tool, and decide to purchase the license after the trial period.

6. Have events and conferences on your radar
To connect with potential customers

This way, you will be able to approach your prospects with related topics to the ones seen at these events, in addition to expanding the network of potential clients while attending the event. In many cases, this will require the purchase of tickets. Make sure you analyze whether or not these events are profitable based on the objectives being discussed!

7. Fundraising
An excellent indicator for prospecting

A company that has raised funds is a very good indicator for potential clients to think about. It displays that the organization is booming and may be a smart investment and they are ideal to talk to for two reasons: because they have enough money available to spend or because they need new tools in order to grow.

8. The power of reviews
Focus on competitor’s products

Websites like G2 Marketing Solutions, Capterra and FeaturedCustomers are excellent tools for getting to know your competitors. Not only can you use reviews to understand problems some people are having, but also identify potential prospects who display any dissatisfaction through a review.

We hope this review of lead generation tactics has been helpful. At Isource Marketing we specialize in developing personalized B2B lead generation strategies according to the needs of your business and target market. You can contact us by clicking here, so that together we can take the next step in developing your own desired generation strategy. We can help!

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