Posts Tagged ‘InsideUp Lead Generation Blogs – sales leads’

The Best Way to Handle Internet B2B Leads

Saturday, December 24th, 2011

Online leads, especially those purchased from a high quality source, are an important resource, and need to be treated as such if you are to fully realize their inherent value.

Avoid the mistake of too many B2B sales people—that of handling the initial call as if the prospect has already decided to buy from you.

Buyers of business services are different from retail consumers, true. Business buyers do not generally waste their time browsing on a whim for call center services, for example. When business people begin researching a purchase, it is usually because there is a real need and they recognize the value these services will provide to their business.

On your initial call to a lead, however, it’s best to dismiss any preconceived notion that they will immediately set up an appointment with you. Even a well-qualified B2B lead is not a purchase order, and you can expect to encounter some resistance to being “sold.” Yes, the prospect has already demonstrated interest, but you still have some work to do in order to earn their time and attention.

First, scrutinize your attitude toward your prospect as it will come across in the way you speak to that person. Of course you definitely want to avoid referring to the person you’re speaking to as a “lead” or “prospect” during your conversation. Never say, for example, “I received your lead” or “I understand you’re in the market for…” Also, avoid using certain classic sales tactics that are now widely recognized and resented by buyers, such as assailing the person with a series of questions to which the only logical answer would be “yes.”

A much better approach begins with an attitude of helpfulness. You can disarm a potential buyer’s defenses by asking him or her to tell you why they began researching. Even if you already have some details about the lead, such open-ended questions demonstrate your interest in their needs, and their answers can provide you with additional valuable information. Once you have learned more about the prospect’s needs—and possible objections—you can begin to educate him or her about your solution.

If you don’t succeed in making an appointment on the initial call, do not despair. This is still a viable lead. Offer to send the person some information and say that you will be in touch to make sure they received it. This shows respect for their time and leaves the way open for further nurturing.

You have now established some familiarity and trust as a professional who will listen and provide helpful information. The next time you call, your prospect may be more open to setting an appointment, confident that you aren’t simply trying to “sell” them—and that the buying decision still rests in their hands.

Use Your Initial Phone Call to Create a Positive Impression

Saturday, December 17th, 2011

First impressions are important, especially when contacting a B2B sales lead for the first time.

During the first 30 seconds of your initial phone call, whether you’re speaking to someone personally or just leaving message, the person listening to your voice will begin to form an opinion about you.

You can ensure that opinion is a positive one by following these best practices on your initial phone call.

  1. Before you pick up the phone, take a brief moment to breathe deeply, relax and smile. When you’re at ease and feeling confident and friendly, this will definitely come through in your voice. Some salespeople make a habit of speaking on the exhale, energizing the sound of their voice. Keeping a mirror on your desk can remind you to smile when you’re conversing with a potential customer.
  2. Begin with an engaging introduction. Greet the person in a friendly manner, using their formal name if you know it. Immediately identify yourself, using your full name and title and the name of your company. Briefly state the reason for your call; your prospect will appreciate your respecting their time by getting right to the point. Follow the same procedure when leaving a voice mail, then clearly state your contact information or let the person know that you will email them your contact information.
  3. Focus on the call. It can be easy to get sidetracked during a phone conversation, and the person on the other end of the call will most likely know when your attention has been diverted. It takes discipline to eliminate distractions, ignore all other activity around you and concentrate on what your prospect is saying, but it is essential to do so.
  4. Concentrate on the prospect’s needs. In your enthusiasm for conveying the benefits of your services, it can be easy to forget to ask open-ended questions and then really listen to the answers, even taking notes. The information you glean from a two-way conversation will help you address their problems and offer solutions based on their needs.
  5. Always be professional. Regardless of how the conversation goes, you want to leave each potential customer with a positive impression of you and the company you represent. So always maintain a polite and professional demeanor and end each conversation on a positive note.
  6. Ask for an appointment. Complex B2B service contracts can be difficult to impossible to win on the initial call. Endeavor to set an appointment for a visit, and let the person know that you will call to confirm the appointment.
  7. Confirm your information and close strong. Thank your prospect for their time, briefly recap and reinforce your company’s potential for providing a solution to their needs and that you look forward to helping them achieve their business goals. Remember to say “Goodbye” and wish them a good day, allowing your prospect to hang up first, whenever possible.

Following these basic best practices for the initial phone call will establish a positive tone for future interactions and establish your company as a professional organization that your prospects will feel confident doing business with.

7 Tips for Success when Calling B2B Sales Leads

Thursday, December 8th, 2011

Voss Graham, author of Three Games of Selling, notes that it can take up to ten “touches” to close a sale of complex B2B products or services.

“I keep running into sales people who really think they can make a large B2B sale with just one sales call,” Graham commented in a recent blog post.

That first critical contact, the initial call, when handled well, can pave the way for successful lead nurturing, and ultimately, a closing of the sale. Here are a few tips to keep in mind:

  1. Open the conversation by identifying yourself, your company and the reason for your call. You may need to remind the prospect of their request for information, but be careful never to refer to “the lead you submitted,” or in any other way label the person you’re speaking to as a “lead” or “prospect” during your conversation.
  2. Ask the right questions—ones that will allow the prospect to add more depth to the information you already have about them. Avoid asking questions to which you already have the answer. Ask, for example, what motivated them to begin searching for information, or what key benefit they expect to receive from the services they’re seeking.
  3. Get “centered” before each sales call. This advice comes from a recent CBS Moneywatch article, along with these pointers, “During your conversation with the customer, focus your intent on the customer: words, gestures, tonality and context. Don’t think about what you’re going to say next. Listen, then respond, then ask another question.”
  4. Show personal interest. Rather than focusing the entire conversation on your company and its services, give your prospect the opportunity to talk about what their biggest challenges have been when making similar buying decisions or about their past experiences with other vendors.
  5. Keep in mind the customer’s buying process. Asking a few questions such as “is there anyone else who will be involved in this decision?” or “will this work with your present budget?” will give you some insight into how you should proceed.
  6. Don’t be afraid to address the pricing question. Your willingness to give the prospect an idea of the price range they can expect will go a long way toward establishing trust and keeping the dialogue open.
  7. Ask what other companies they are considering. This should not be viewed as a taboo subject. A simple inquiry regarding which of your competitors your prospect is looking at will give you the opportunity to showcase your unique selling point.

Four Ways to Keep Your Sales Flowing

Sunday, December 4th, 2011

Effective pipeline management can dramatically increase sales for B2B marketers.

Nigel Girling, author of Improving Sales through Pipeline Management, details four ways to get more sales from your pipeline.

1. Increase lead volume. It simply makes sense that by putting a greater number of leads into the funnel, you’ll get more deals out of it. Girling advises strengthening your business development activities, reviewing the number of new opportunities on a regular basis and setting incentives to drive more opportunities.

2. Improve your win rate. One way to win a higher percentage of deals is to qualify your opportunities more thoroughly. Consider these questions: What are your prospect’s specific needs, and do you have the capacity to fill those needs? What event may compel your prospect to make a buying decision in the immediate future? Does the prospect have the budget or the authority to actually make a purchase?

3. Increase the value of each deal. Look for opportunities for cross-selling or up-selling, making sure your customers are aware of the benefits of any additional products or services you offer. You might also want to look at reducing the amount of discounts you give.

4. Increase sales velocity, or the speed with which you close a sale before your prospect loses interest or is drawn away by your competitor. Sales velocity is a good indicator of the level of discipline of your sales department and whether your organization possesses the infrastructure to support expedient sales closures.

“The simple sales pipeline can be a powerful tool to drive sales revenue,” says Girling. “Beyond tracking the progress of opportunities, use it to mentor the sales team and help them maximize the value of their deals.”

Elements of High Value Sales Leads

Thursday, June 16th, 2011


Four Reasons to Buy Sales Leads

Saturday, June 4th, 2011


Comparing Key Features of Three Leading CRM Solutions

Friday, May 20th, 2011

In light of InsideUp’s recent announcement of its integration with three top customer relations management solutions, small to medium-sized companies who have not begun using CRM may wonder which of these applications would be the best fit for their needs.

To help you make an informed decision, here are a few of the main features and functions of each of these CRM solutions:

Salesforce CRM introduced its CRM software as a service (SaaS) in 1999, allowing companies to leverage the benefits of CRM solutions without the expense of purchasing and installing software. Salesforce focuses primarily on the automation of sales, marketing and customer service and support functions. You can choose the Unlimited, Enterprise, Professional or Group edition. Salesforce.com also offers training as well as consulting and implementation services.

Salesforce features include: sales force automation, marketing automation, customer service and support, analytics, document management, contract management, Mobile CRM and AppExchange. Users value Salesforce for its intuitive interfaces, flexible customization, extensibility and ease of use.

The Professional edition is ideal for SMBs, and offers custom dashboards, comprehensive reporting and analytics, sales forecasts, e-mail marketing and real-time data sharing in addition to its basic customer service tools.

Microsoft Dynamics CRM offers a complete front office suite that includes robust sales force automation (SFA) platform, basic marketing functionality and customer support capability suitable for the typical small or midsize business.

Features include: sales force management, order management, sales quotes, opportunity management, email marketing, case management, email response management, marketing campaign management and searchable knowledge base.

Microsoft Dynamics users enjoy its highly customizable platform as well as its tight integration with Microsoft Outlook. It also allows users to easily share information through such formats as Excel, HTML, XML, CSV and PDF.

Sugar CRM is the leader in open source CRM software. With strong venture financing, Sugar CRM is expanding internationally, and its user communities are continually making advancements in user flexibility and control.

You can choose from Sugar Enterprise, Sugar Professional, Sugar Cube and Sugar On-Demand. Sugar CRM offers a workflow-based dashboard which displays your open calls, leads, and scheduled meetings. Sugar CRM solutions are Microsoft compatible and offer features such as sales force automation, reporting, forecasting, mobile app, core sales and marketing support and collaboration.

Module Builder lets Sugar users create custom fields within a given module or create an entire new module. Sugar’s paid solutions offer several built-in features, which cost extra on other services. Sugar customers appreciate its affordability and ease of customization.

All three solutions are well suited for small to medium-sized businesses. And the ability to easily integrate any of these CRM services with real-time leads from InsideUp makes the sales automation process easier, more intuitive and results-driven.

Sales Leads Top B2B Challenges

Wednesday, April 20th, 2011


Six Reasons Your Marketing Budget Should Include Highly Targeted External Lead Sources

Wednesday, April 13th, 2011

Staying productive and profitable during slow times can be an ongoing challenge. Every business experiences fluctuations and times when the demand for new leads is exceptionally high.

While your sales team may be able to generate some of their own leads during times like this, research shows that the majority of leads generated by sales are not highly targeted.

In order to meet these challenges, 51.9 percent of B2B marketers plan to substantially increase their marketing budgets in the coming year, according to BtoB’s “2011 Outlook: Marketing Priorities and Plans” survey. Of those respondents planning to boost their budgets this year, the majority said they plan double digit increases, and 25 percent will increase marketing spend by more than 20%. Customer acquisition is this year’s top marketing priority for 69.1 percent of the survey’s participants.

Whatever your marketing budget for the coming year, allocating a portion of it for purchasing targeted leads can prove to be one of your best strategies for several reasons:

  1. High quality, pre-targeted external leads can offset those inevitable slow times that virtually every business contends with periodically.
  2. Real-time leads with verified, contactable data will keep your sales team busy closing sales instead of scrambling to generate leads.
  3. Online lead generation companies use highly developed systems for gathering, scoring and verifying leads, saving your business the time and expense entailed in carrying out these processes in house.
  4. With a full pipeline of fresh leads from a reliable source, you can turn your focus toward other vital aspects of your business, such as customer retention and future growth strategies.
  5. Results are easily measured. Tracking and measuring are critical determining factors in marketing budget allocation. In-house social media and email marketing campaigns can be somewhat problematic to measure, but the process of tracking purchased leads is more straightforward.
  6. The best lead generation companies deliver warm, inbound leads who are already seeking your services. These leads will produce the maximum ROI for your marketing budget. In one recent case study, for example, leads purchased from InsideUp resulted in 125 percent ROI for the client.

As online marketing options continue to be refined and tested, you can ensure a steady flow of leads—and a reliable ROI—by augmenting your in-house lead generation tactics with ready-to-buy, real time leads.

Four Key Factors for Wise Lead Buying Decisions

Friday, March 4th, 2011

When leads generated by sales and marketing leave a gap in the sales pipeline, you can quickly offset this deficit by purchasing leads from an online lead generation company. Naturally, if you’re working with a tight marketing budget you will want to be sure you’re getting the best leads for your investment.

Every business has different objectives–and therefore different needs–when it comes to lead buying. To help you in your purchasing decision, here are four key factors you should consider:

1. Lead Supplier

A quality online lead vendor can essentially become your partner in marketing. Your lead supplier will work with you to determine the amount, quality and price of leads you will need for a sustainable sales campaign.

Communicate openly with the lead suppliers you are considering. Tell them what your objectives are and how your organization operates. Be open and honest about your needs and expectations.

2. Lead Quality

The best lead suppliers on the web are the ones who continually refine their system of qualifying and targeting leads.  Their methods may include the use of smart forms, online data verification and data scrubbing technologies.

Such applications do add to the cost of obtaining each lead so you can expect to pay a higher price for these highly targeted leads. Paying more for top quality, real-time leads will be your best solution if your sales reps are very adept at closing deals but have some difficulty generating their own leads.

Conversely, if you require an abundance of fresh leads for your call center or automatic dialer, or if you need leads for training purposes, low-cost bulk leads could be the ideal solution. If your lead provider has a lead guarantee or return policy and will swap out any un-contactable leads, then your risk with lower quality leads is minimal.

3. Lead Volume

Most lead providers will be able to supply enough fresh leads to keep an organization with ten to twenty sales reps very busy. Larger companies may need to use more than one lead partner to keep the pipeline constantly full. This situation has the advantage of allowing you to track the results you experience with different lead suppliers.

4. Lead Price

Ultimately, the price you pay for your leads will be determined by the other factors involved in the purchase; your business objectives and marketing methods, and the quality and volume of the leads. Deciding which of these factors are most important to you will help you find the right balance between lead volume and lead quality.

Of course best way to derive the greatest value from whatever mix of leads you choose is to work them as thoroughly as possible. Talk to your lead provider about best practices that will help you see the highest possible return on your investment.