joseph – USA Outsource Today Fri, 29 Jan 2016 19:35:35 +0000 en-US hourly 1 The Art of Outbound Lead Generation /the-art-of-outbound-lead-generation/ /the-art-of-outbound-lead-generation/#respond Fri, 29 Jan 2016 19:35:35 +0000 /?p=11949 The Art of Outbound Lead Generation Now a day’s Lead generation become a marketing function instead of one of sales. The shift over the last few years has been driven by an evolution in buying patterns brought about by the internet and Google search in particular. Customers now find information online that used to be […]

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The Art of Outbound Lead Generation

Now a day’s Lead generation become a marketing function instead of one of sales. The shift over the last few years has been driven by an evolution in buying patterns brought about by the internet and Google search in particular. Customers now find information online that used to be obtained only through interacting with salespeople, hence fewer willing interactions with salespeople.

The immediate result of this shift has been the rapid rise of content marketing (sometimes called inbound marketing, which is the term I’ll use here to contrast nicely with the sales-based activities of unsolicited enquiries that I’m packaging up under the term outbound.) Good content is the bait that generates inbound enquiries.

The troublesome nature of good inbound marketing led many, including me, to declare that outbound was on its last legs, with death imminent. Alas, one more prediction of mine that never came to pass. Instead, I’ve observed that firms that struggle with lead generation are at either end of the outbound scale: those who do nothing but outbound and those who do none.

The troublesome nature of good inbound marketing led many, including me, to declare that outbound was on its last legs, with death imminent. Alas, one more prediction of mine that never came to pass. Instead, I’ve observed that firms that struggle with lead generation are at either end of the outbound scale: those who do nothing but outbound and those who do none.
Clearly, outbound on its own delivers increasingly diminishing returns, but those who abandon it completely seem to suffer, too. It’s got to be part of the lead generation mix, then. But how much? And how? Let’s explore.

outbound-lead-generation

The Benefits of Inbound

If you were to make a list of every lead generation activity you can think of and then rank those activities highest to lowest in terms of how each might position you in the mind of the prospect, you would see some patterns.

The first is the activities at the top of your list – the ones that best position you as an expert in your field and thus give you more ability to lead in the sales cycle – are the various inbound activities of writing and speaking. These are the things you do today to drive inbound enquiries tomorrow. They prove or validate your claim of expertise.

You’ll notice the activities at the bottom of your list are the unsolicited enquiries of cold calling and emailing. The lesson is that inbound lead generation activities not only drive leads but they help to position you for the conversations that follow, increasing your ability to lead throughout the sales cycle, derail a pitch and command higher fees. Yay for inbound!

Inbound Opportunity Cost #1: Immediacy

Now make a second column to the right of your list and label that column Immediacy. You will see a clear pattern of increased latency as you climb up your list. The higher you go, the larger the gap in time between when you initiate the activity and when you start to see results. Inbound takes longer.

If you need leads now, nothing beats picking up the phone or sending an email. Yes, response rates are abysmally low today but with selectivity and proper, you’re far more likely to deliver results sooner through outbound than inbound.

Inbound marketing is like a flywheel that takes Herculean effort to get moving, but once it’s going it’s easy to maintain the momentum with minimal effort. You have to be willing to invest the effort up front believing it will pay off eighteen to twenty-four months in the future. That’s a lot of patience and faith.

Most firms have to be doing some level of outbound in the first two years of their transition to inbound marketing and then be willing to go back to it in slow times.

Inbound Opportunity Cost #2: Specificity

Inbound is designed to attract those looking for your expertise, but most of us can think of a small number of coveted prospects with whom we would love to be forming relationships now regardless of their stage in the buying cycle. Inbound can do little to help build relationships with prospects who are not actively seeking information, but outbound excels at going after specific targets.

All firms, including yours, should have a Top Twenty list or similarly sized “A” List of its most desirable prospect organizations to whom it devotes special attention. You get to define these twenty however you like – the point is you mark them out as special prospects who will get special attention from you.

Build your list of the organizations, build out the key contacts in each organization and then begin a relationship with them. That means a conversation. It can happen via email (the client’s preferred method) or telephone (more meaningful if you can make it happen) but make the commitment that you will introduce each of these key people to the firm, ask if you can be of assistance and then keep in touch via your thought leadership and appropriate, periodic, direct contact.

A Top Twenty program should be mandatory in your firm.

Inbound Opportunity Cost #3: Timeliness

Related to immediacy and specificity, timeliness is about taking advantage of specific opportunities when they arise, such as a change in leadership or decision makers at a prospective client company.

Every firm should be keeping an eye on its market, ready to call or email when a prospect changes significant personnel, expands into new markets, shifts their strategy or provides some other talking point that just might be the impetus for a change that it can help navigate. Observation and responsiveness are key; little real effort is required.

Good Inbound Makes Outbound Easier

A true cold call is an attempt to reach someone on whom you have only a little bit of demographic data and no real behavioral data. That is, you know some things about them like company, job title, location etc. but you don’t know if they have a need or interest in a certain area because you have no data on what information they’ve been consuming.

Your inbound program can warm up many of your these cold calls by mining your web analytics and marketing automation for behavioral data, allowing you to call out to a list of people whom you know have been interacting with your content, even if only marginally.

A Little Outbound Goes a Long Way

Of course your lead generation plan should be built around inbound or content marketing. Start with an area of focus (positioning), add a perspective (point of view) and create and deliver content on that focus from that perspective. While you’re doing all of this however you should also be working your Top Twenty list and you should be reaching out to timely opportunities based on company-specific changes you see happening in your market. On top of all of that, in slow periods when you need leads quickly, there’s no substitution for a flurry of well-constructed emails and phone calls.
Outbound isn’t dead, it’s just no longer the focus of your lead generation efforts. View it instead as powerful augmentation to shore up the holes in your inbound strategy.

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The Art of Appointment Setting /the-art-of-appointment-setting/ /the-art-of-appointment-setting/#respond Thu, 07 Jan 2016 17:03:48 +0000 /?p=11928 The Art of Appointment Setting New Year’s Resolution: Let’s get the appointment diary full Appointment setting is a key expertise that any successful B2B Lead Generation Company must master in order to stay ahead of their competitors. If any lead generation company is unprofessional about their appointment setting approach, they can actually providing more harm […]

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The Art of Appointment Setting

New Year’s Resolution: Let’s get the appointment diary full

Appointment setting is a key expertise that any successful B2B Lead Generation Company must master in order to stay ahead of their competitors. If any lead generation company is unprofessional about their appointment setting approach, they can actually providing more harm than good to their clients and in some cases crash the sales door firmly shut to any future discussions. The great idea of getting face to face with the decision makers is to be able to convince them about the utility of the client’s services or products for their organization, however, these decision makers are besieged with lot of offers and obligations from all sides (Internally as well as externally), and it’s nearly impossible approaching them. So what to do different to get past all the call screeners and gatekeepers appointed by these decision makers and help your clients get in the same room with them?

Appointment Setting

The contact list:

Having a good contact list and database, is essential for the success of any B2B lead generation campaign. If you are killing your precious, valuable and costly time calling the wrong people, or many of your contact numbers are incorrect, then the campaign will hit a brick wall very soon. Thus saving a few pounds on a cheaper contact list will not save money in the long term if you spend half the time filtering the list.

Use dynamic scripts and dynamic callers:

Just like some good play, you also need a good script to succeed in winning your audience. A good script provides you an opportunity to summarize all the key points of your offer and remain on track. However, it should be some dynamic so as to adjust according to an individual’s needs and pain points. Before preparing your script do your homework well enough as it is very important since it helps you know your prospect inside out. Thus it follows that having dynamic callers who know the market and have done their research will be more ready to adapt the conversation in line with the prospects real needs and status.

Stay Calm:

You may ask any top sales executive, and they will always tell you not to give a knee-jerk reaction as soon as you hear a note of disinterest in a prospect’s voice. You have to be patient sometimes and re-adjust your strategies in order to get your foot into the door. Good campaigns will have regular reviews at the beginning to highlight and smooth out any issues.
That is why B2B lead generation companies play a vital role helping their clients gets into the same room as the decision makers. We must devise effective strategies to slip past those troublesome gatekeepers and then convince the decision makers to allow an audience so at then the client can make their pitch equipped with the client knowledge and needs learned along the way.

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