“We do some great marketing…but what we really need are sales leads….”
“We do some great marketing…but what we really need are sales leads….”
Sound familiar?
Here’s your situation: Your marketing team have just produced a great
customer case study, and it’s all printed out in a great layout on your desk.
You have just come back from a really busy trade show, where the team put on a
great stand, showing off your brand and company in the best possible light. You
send out regular emailers and get reasonable open and click through rates. You
have put some resource into social media, and have increased your following by
100% in the past year…….But despite this activity, your sales pipeline still
looks weak and unpredictable, and your expensive sales team are still moaning
about the lack of good, qualified sales opportunities they are getting. You have insisted that they should do
their own lead generation, and encouraged them to do more cold calling and
telephone work to old prospects – but their enthusiasm lasts for a few days,
before you hear the grumbles from them: “waste of time….cold calling doesn’t
work”.
If that sounds like your organisation, then it is time to
take stock and review your lead generation strategy and tactics.
You are not alone. Many organisations at some time in their
development find that they have a disconnect between their sales and marketing
teams. In an effort to build the organisation’s brand and profile, investment
has been made in marketing, and as the team and activities have grown, somehow
their focus has been lost and, although they are busy and seemingly doing great
work, the end result- qualified sales leads - are missing or not
increasing. The sales team, often
bolstered by enthusiastic new recruits who brought with them their own contacts
and prospects, and initially spent time calling and nurturing them, get
involved in complex sales negotiations and their lead generation activity fades
as does their enthusiasm for “cold calling” . They start to blame marketing as
the leads dry up, and disassociate themselves from their activity because of
their perception that it is not doing the job for them.
However, all is not lost, as you probably have all the right
parts for a great lead generation engine – it’s just that it needs fine tuning,
or perhaps a strip down and rebuild, with a few new components. The key is to get your sales and
marketing teams aligned, in tune with each other, and working together to the same objectives.
You can start putting things right yourself by just
considering the following:
1.
Do your sales and marketing teams agree on what
is an ideal prospect for your company?
2.
Have your sales and marketing teams agreed on
the definition of a “qualified sales-ready lead”?
3.
How are you measuring the outcomes of the
marketing and sales teams activity?
Are these metrics related to activities (bad) or sales results (good)?
4.
How do the sales and marketing teams
communicate? Are there regular meetings, and is there a process where sales can
provide feedback on the leads they have received from marketing?
5.
What are you doing with all the prospect data
you are gathering from your marketing and sales activities? Do you have a CRM, and
are both your sales and marketing teams using it? Who is responsible for data
management?
Of course, it is probably best to call in an expert to get
that objective viewpoint and insight, and help you manage the change process, as
there are going to be some egos bruised here. But you will find that by taking
a step back and considering how your sales and marketing teams are working
together, and then taking some remedial action so that they are more closely
aligned, you can generate more sales
leads with the same marketing spend. And that should help you realise a step-change to your
business growth that you so desire.
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