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August 2010, Issue 78 |
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Locating the Decision Makers (and, Once You've Found Them), Knowing What to Say: A Q&A Q&A from Building the Right Message from First Contact to Close, originally presented August 4, 2010. View the on-demand Webinar. In a live Webinar earlier this month, experts from NetProspex and Bulldog Solutions discussed strategies for identifying and messaging to the BtoB audience. The event Q&A is represented here, along with five bonus questions not answered during the live event.
Question: We can identify who to call on, but we have issues finding the right contact information for those prospects. What would be your advice on that? And what would be your advice on having the right number, but not quite the right person; in other words, being able to move within the right organization to find the right person? Michael C Bird, Chief Revenue Officer, NetProspex:
It's the classic problem. It's part of the 80% of time wasted by Sales, finding the accurate contact information. And that's essentially what NetProspex does. That's why we started the business, to be able to get that data and make it accurate. There are other services that are out there, too. One of the things we do is we validate, so whomever you use, from a data sourcing standpoint, try to understand the validation process and if there is one. Ask questions about it. Find a high-quality source. (For more guidance on how to select a data sourcing agency, read 6 things to ask your data provider.)
But even if you've got a high-quality source and the data is right; i.e., Bill Smith is at that phone number and at that e-mail address, but Bill doesn't own the responsibility, he's not the right guy. That's where training comes into play for the sales team. Don't just hang up; ask some questions, ask who the right person is. I call them "high-gain" questions when we train our sales team. It sounds so simple, but you'd be surprised how often salespeople don’t ask. If you ask in the right way—"Who do you suggest I take this message to in your company? Is there a need?"—very often you'll get an answer. Todd Davison, President, Bulldog Solutions: I would add that one of the things we've found in our sales organization is that as Marketing gets better and more sophisticated at defining quality leads, there's still a very big and important role that Sales has to play. In most lead-gen initiatives, you're not going to get CEOs and CIOs, and in our case, CMOs—they're not typically the folks coming to our events and downloading the programs. They are managers, people working on projects. Marketing's role is to get a qualified, foot-in-the-door dialogue going for a solid sales effort. Better marketing lead generation only amplifies the need for top-notch sales execution.
Message Tone and Timing Question: How do you execute lead nurturing through marketing automation when a personal relationship has already been formed between the sales exec and the prospect? Does this disrupt the sales process? Todd Davison, Bulldog Solutions: What we typically do is to create nurturing tracks administered by sales reps. It does get confusing if you have all these rules-driven and process-driven marketing initiatives, but once you get a sales rep in a dialogue, you don't want competing messages and calls to action. Marketing should then take a back seat to Sales, and support Sales, getting that lead from a Sales Accepted Lead stage all the way to a Close/Won. One way you can do that is to create a series of lead nurturing tracks coming from that salesperson so that they can manually self-select leads and prospects that they're working on into a shorter term nurturing cycle. They can also manually pull people out of there, so that once the deal is won or lost or goes in a different direction, they can then kill the communication so it won't look artificial or phony. We've found that by creating a separate nurturing track that is facilitated and owned by Sales, it's a way to help improve their process by taking a back seat and letting the salesperson handle the manual in-or-out cycle, while Marketing is continuing to drive the lead flow and nurturing programs that haven't gotten to that sales engagement and dialogue yet.
To watch the on-demand Webinar, Building the Right Message from First Contact to Close, you can access the archive here. Return to MWJ Home Original Q&A has been edited for clarity and consolidation. Marketing Watchdog Journal is a monthly newsletter from Bulldog Solutions, an online marketing agency that changes the way BtoB companies define demand-generation strategy, engage prospects and convert leads to customers. We welcome your feedback on this newsletter's content and design, and encourage you to share your ideas for topics you would like us to cover in future issues. Please send your comments or questions about Bulldog Solutions to Amy Bills, director of Field Marketing. |
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