Talented sales people have known for years that the best way to keep the pipeline full is to identify prospects, develop relationships with them and then close the sale when the time is right.  But, if it were that easy, very few sales people would ever find themselves “excused” from work due to lagging numbers.

Most sales people are very skilled at the last part – closing the sale – but lack the time or resources to spend cycles identifying the leads and developing the relationship.  This scenario is where lead nurturing can fill the gap.

We think of lead nurturing as the process of developing a relationship with potential leads and engaging them in quality conversations to assess their level of interest and sales-readiness.   Marketing automation software can play a valuable role in lead nurturing strategies by automating these relationship-building communications and sending recipients down different decision-trees, based on their interactions.

Sounds like a great plan, right?  Marketing qualifies the prospects using a systematic lead nurturing approach, and once the leads are deemed qualified, sales scoops in to close the business.  However, much like the thought “if sales was easy, no one would get canned,” if lead nurturing were that simple, every company would be doing it.

With that in mind, we’ve taken a moment to run through 4 objections to lead nurturing from various internal departments and how to successfully overcome them…

• “I don’t like turning my leads over to someone else because who knows what promises you’ll make or what you’ll do with them.” – Johnny Sales Wizard
  Overcome this sales’ fear by working together to road map the communication cycle and listening to what sales has to say about how they sell successfully.  See if you can emulate some of their one-on-one dialog on a lead nurturing scale of one-to-many.

• “I don’t have time to develop a bunch of articles, emails, case studies, etc. and implement it…my day is already jam-packed.” – Sue Marketing Guru
  Help marketing come aboard the lead nurturing train by identifying existing content that can be repurposed for the nurture campaigns.  And don’t be afraid to start small with a 4 or 6-week cycle of communications that can be expanded as nurturing efforts take shape.

• “You people are always spending the company’s money on some new tool or system that no one uses after 3 months.” – Richard Bean Counter
  As much as it pains us, the CFO has a legitimate point.  Shiny new toys don’t do anyone much good if they aren’t used.  Have your game plan and content mapped out with both sales and marketing’s buy-in beforehand. If you’ll be using a marketing automation tool to streamline the processes, check into CRM integration or an API so you can manage your contact’s activities from one centralized place.

• “Does lead nurturing really help or is this another complicated excuse for why sales and marketing can’t work together?” – Mitch E. CEO
  The key to overcoming the dreaded “does it work” question is to first establish metrics that denote success.  While the end-game goal will always be more opportunities and closed deals, that probably won’t happen overnight.  Maybe the first metrics are improved email interaction and content downloads. Set realistic expectations and metrics from Day One.

With these tips in mind, you should be able to get buy-in and ideas for shaping your lead management and nurturing efforts.  Happy nurturing.

It’s hard to believe how fast marketing automation is evolving – and the wealth of information available about the space.  If you have a Google Alert set for “marketing automation,” you know what we mean.

With that in mind, we’d like to give a quick shout-out to a few folks that help the rest of us think about demand generation, lead nurturing and marketing automation in new, creative or fun ways.  Each person’s name is a link to his/her Twitter account for easy follow-ability.

Disclaimer: while many marketing automation vendors are posting great information and articles about these topics, we wanted to keep the list vendor-neutral and focus on individual contributors (who are listed in no particular order).

1.    Carlos Hidalgo – with over 1,700 Tweets, you just know that at least once a day, Carlos is going to share something insightful about marketing automation, especially from his clients’ perspective.
2.    Matt Heinz – his blog “Matt on Marketing” is fresh, funny and contains tons of free tips and advice about more than just marketing automation – from lead nurturing emails to print collateral tips, his posts are worth a read.
3.    Laura Ramos – her knowledge and insights about using marketing solutions and technology to cut through the noise in complex B2B sales cycles are delivered in a clean, no-nonsense style.
4.    Jep Castelein – with the promise of helping clients uncover untapped revenue in their database, Jep launched LeadSloth as a resource center with useful marketing automation tips from an unbiased viewpoint.
5.    Andrew Hunt – his Blog “From Clicked to Closed” gives readers practical inbound marketing advice in an anecdotal style that is refreshing, informative and fun to read.
6.    David Raab – an experienced analyst with a keen eye on using the latest technologies to enhance marketing, his blog “Customer Experience Matrix” provides its readers with useful information, especially during the all-important vendor selection process.
7.    Ardath Albee – her book “eMarketing Strategies for the Complex Sale” is chock full of actionable information and Ardath is a talented and savvy contributor about hot topics such as marketing automation, social media, lead nurturing and more.
8.    Craig Rosenberg – so the name the Funnelholic makes us crack a smile every time, but Craig backs up his “addiction” with great tips and strategies about B2B marketing, lead generation and lead nurturing.
9.    Mac McIntosh – with 20 years of advertising, marketing and sales experience, he helps readers and clients understand the “big picture” of lead management from pre-pipeline to a closed sale.

We picked these 9 experts because they provide great information, but we know this list is far from complete.   If you’d like to suggest your favorite demand gen or marketing automation expert, please comment below or send us a tweet @NetResults and we’ll include them in a future post.  Happy automating!

I’m not sure anyone really asks, “What’s your sign?” as a pick-up line these days, but with the rising popularity of marketing automation, perhaps more people should be asking, “What’s your score…lead score, to be exact?”

Isn’t it every sales person’s dream to know exactly how qualified a prospect is and the intended purchase timeframe?  By knowing this information, sales could focus on the hottest prospects – the ones that are in the buying phase and judged most likely to close.  The remaining leads could receive additional follow-up communications until they move closer to the decision-making process.

Using the lead scoring feature within a marketing automation system, this dream scenario can become reality.  Lead scoring tracks the leads’ interaction with your website, emails, online events, etc, and then automatically assigns a numerical value.

The guesswork associated with a prospect’s level of engagement is substantially reduced, if not eliminated, because you can assess interest based on a finite value…the lead score.  Additionally, the score is adjusted automatically by the system so you don’t need to login each time an event occurs and adjust the score manually (although that can be done if an offline action occurs that necessitates a change in the score).

To get started thinking about how lead scoring applies to your lead database, imagine the different actions, attributes or behaviors a lead might have that would make him/her more qualified.  Here is a quick list of lead criteria that we’ve found particularly helpful:

Visitor attributes

• Referred by a high-value lead source such as a technology partner, application exchange website, etc
• Searched for a specific keyword strand that implies familiarity like brand or product name
• Came to the website from a specific geographical area where your company is well-positioned

Website activity

• Clicked on a high-value link such as a white paper download
• Viewed a certain amount of pages or spent a specified length of time on your site
• Returned to the website multiple times
• Submitted an inquiry form such as “Contact Us” or subscribed to your Blog feed

Emails

• Clicked on specific links within the email or went to landing pages
• Interacted with a specific number of emails received

Online events

• Registered or attended an event such as a webinar

As you can see, the possibilities of assigning and adjusting a lead score based on a lead’s attributes or actions are limitless and provide a great way to identify the most qualified leads without adding manual bulk or processes.  Here’s to knowing your leads’ scores instead of their signs!

I met with a client this morning who currently uses Net-Results to track website visitors and identify companies coming to her site. When she sees one who could be a good prospect, she picks up the phone and attempts to call the person who came to her site. She doesn’t always get to the right person, but she does typically make contact with someone in the organization and has a good initial prospecting call. When I asked her how she normally follows up with those prospects, she said she generally handwrites notes and mails them. I thought that was a great idea – very few people do that because email is just easier – so it really makes her standout. But, I felt that the combination of handwritten notes and automated lead nurturing could further enhance her follow-up strategy and give her greater insight into the actual interest level of her prospects. Read more

The term marketing automation has been around for some years now, and many (like us) in the industry believe this term to be pretty commonplace.  Truthfully, however, I can’t tell you the number of times we get blank stares or bits of awkward pauses when we say ‘marketing automation’ with prospective customers, and even prospective channel partners. Then I will say something like “What if you could identify the real prospects who are visiting your site, the things they are interested in, and how often they are visiting? Then you could follow up with an integrated email campaign targeted at a variety of segments based on their interests, behaviors and feedback? And provide scoring and nurturing of these leads within your system, all the while tying it into your CRM system and passing it on to salespeople to turn that information into revenue?” Read more