4 Steps to Shorten Your Sales Cycle
Sales Prospecting Perspectives
AUGUST 21, 2013
Sales Prospecting Perspectives is pleased to bring you a guest post from Damian Davila, Content Marketing Consultant at idaconcpts.com. Back in May 2010, the Aberdeen Group released an important report on how to shrink the sales cycle and focus closers on sealing more deals. "We don''t convert enough leads to sales," said 59% of respondents in the report. Takaway point.
The 21st Century Buying Experience: Say Farewell to the Sales Cycle
MARCH 16, 2015
This begins with the “hidden sales cycle” and carrying through the intertwined marketing, sales, and service stages of the relationship lifecycle. Figure I: Leaders Anticipate and Influence the Hidden Sales Cycle. The post The 21st Century Buying Experience: Say Farewell to the Sales Cycle appeared first on CMO Essentials.
Fix your Funnel with Predictive Marketing and Sales
JULY 19, 2016
And since Q4 is historically the biggest quarter for most sales teams, now is the time for companies to identify any issues with their revenue funnel, and determine ways to fix those problems so Q4 is a runaway success, not a flop. But what happens if there are multiple issues with a company’s revenue funnel? While it may be hard to believe, Q4 is just around the corner.
How Reversing the Funnel Increased Sales by 14% for a Sales Incentive Company
B2B Lead Generation Blog
APRIL 15, 2013
Tweet Traditional marketing practice presumes the more you invest in driving leads through the top of the sales funnel, the more revenue will come out the other side. But, when Certif-A-Gift Company, a sales incentive company, reversed this presumption, they ended up increasing sales by 14% and moving prospects through the sales cycle 23% faster.
B2B Sales Cycle: 4 steps to avoid the wasteful ‘no decision’
B2B Lead Generation Blog
JUNE 17, 2012
Tweet CSO Insights , which interviews thousands of chief sales officers to benchmark B2B sales best practices, has tracked an alarming trend. Jim Dickie, CSO Insight’s managing partner, says this should make any sales leader cringe. “It’s not a big deal to lose to a competitor; it happens to everyone,” he explains. No deal = broken sales cycle. He says the escalating number of “no decisions” is a sure sign that sales cycles are broken. CSO Insight’s latest sales performance optimization study reveals that an average of 4.1 Sales
How to Match Great Content to Your Sales Funnel
It's All About Revenue
JULY 20, 2015
In the B2B marketing world, the buying cycle is long. Unlike in B2C marketing, your future customer doesn't simply walk up to your vending machine, make a purchase, and become a closed sale. There's a long cycle that has a lot of money and resources at stake, so you need to nurture your prospects all the way through the process. Navigating the Sales Funnel. 1.
Understanding the Stages of Your Sales Funnel
JULY 17, 2016
Think of a sales funnel as a device you can use to create customers. While it seems that many businesses find customers, a closer look will show you the process involved in generating sales. Simply put, a sales funnel conceptualizes the process of turning prospective leads into loyal customers. Stages of a Sales Funnel.
How to Power Your Sales Funnel With Video Content
It's All About Revenue
SEPTEMBER 19, 2013
Video can power your sales cycle at every step of the buying process, but not all content is relevant to everyone. Top Of Funnel Video Content. Mid-funnel prospects want content that helps them evaluate your product’s fit for their organization, and help bring others onboard. The Importance of Buyer Personas. First off, understanding your customer is critical.
Social Selling Throughout The B2B Sales Cycle
Social Media B2B
JANUARY 3, 2011
The impact of social media on brand monitoring, customer service and marketing is a hot topic these days, but there has been less discussion about one of the biggest areas of social media impact: B2B sales. The opportunity to capitalize on social media in sales is clear: if Customer 2.0 leverages social media to inform their purchase decisions, why not tap into the same well to inform our sales engagements? critically drives their sales team’s success. Over the next several posts, I will explore effective social selling tactics for every phase of the sales cycle.
Nurturing Relationships In A Long Sales Cycle
DECEMBER 5, 2013
Here is the shortest sales cycle I can think of: You’re driving along a country road. To stick to our vertical of restaurants, here’s another sales cycle scenario. This was a three-month sales cycle…a bit long for a restaurant meal, but this wasn’t just any restaurant meal. How long is the typical sales cycle? You come to a small town.
Is Your Funnel Full of Fool's Gold?
AUGUST 25, 2016
The sales reps at most B2B organizations have two choices: 1) Spend their time culling through leads that experience has shown are overwhelmingly raw, unfiltered, and unqualified. 2) Or, dismiss them outright. Sales is not as productive as they need to be to meet quota, marketing is wasting its budget generating leads that don’t get followed up, and the company as a whole is not likely to meet revenue goals. So, what’s the best way to rid the funnel of fool’s gold (leads that may look good at first blush, but are actually not worth much)?
Building a B2B Marketing Stack that Drives Full-Funnel Decision Making
APRIL 18, 2016
This year, although the stack has remained relatively the same, Datapipe made one small change that is transforming its view of Marketing’s impact throughout the sales cycle. With U-shaped and W-shaped attribution models, a lead is tracked through the entire funnel, and a percentage of revenue credit is given to the major conversions along the way. Which platform do you trust?
FunnelWise and LeanData Partner to Deliver Unprecedented Funnel Optimization
JULY 28, 2016
Combining campaign attribution and full-funnel visibility is a B2B sales game changer. JULY 28, 2016 —FunnelWise and LeanData, providers of best-in-class solutions for modern sales and marketing teams, today announced a partnership that will deliver unique insights into an organization’s revenue-driving activities. B2B sales cycles are becoming longer and more complex.
How to Map Lead Nurturing Content to Each Stage in the Sales Cycle
FEBRUARY 16, 2012
Lead nurturing is a crucial part of your marketing and sales success. With lead nurturing , however, you can bring those leads through your sales funnel and garner 4-10 times the response rate compared to a regular email blast while doing it [Source: SilverPop/DemandGen Report]. To nurture those leads correctly, however, you need to somehow adjust your messaging based on their point in the sales cycle. Here's how you can map lead nurturing content to every stage in the buying cycle. Understanding the Buying Cycle. But how do you do that?
The Fat Pipeline
Sales Intelligence View
NOVEMBER 13, 2014
Data Funnel Sales 2.0 Sales Intelligence Sales Management sale efficiency sales automation Sales Cycles Sales Data Sales Pipeline sales productivity Note: Today’s guest post is another in a series provide […].
Behind the Scenes with Brahim Zebbar, EMEA Sales Manager
JUNE 15, 2016
As we all know, running an effective sales team is no easy task. With this in mind, we sat down to pick the brain of Brahim Zebbar, EMEA Sales Development Manager for a leading global marketing software, for insight into running and producing results with a 7-person SDR team. They’re a key part of the sales process, since they make sure the account exec is talking to the right person.
Three Stats to Track for Sales Funnel Analysis
JUNE 28, 2016
The sales funnel is the process that a prospect goes through from initial contact to final conversion. The “location” in the funnel corresponds to the stage of the sales process of the prospect. As a sales opportunity moves down the funnel, time to close decreases and the probability of the sale occurring increases. Landing Pages Response Rates.
The Lead Generation-Inbound Marketing- Funnel Optimization Toolkit
APRIL 13, 2012
Nowadays there are hundreds and hundreds of online tools and platforms that assist us in generating, converting, and nurturing leads into sales. Leads are now email addresses, conversation is written dialog and content, and the phone is saved until later in the sales process. So let’s review the tools needed to manage an inbound marketing and conversion optimization campaign. Pre-Funnel: Attracting audiences before they have determined need. Funnel Entrance: Targeting audiences who are exploring solutions. Advertising B2B Lead to Sale Process Marketing Strategy
How to Use B2B Content Marketing for Each Stage of the Sales Cycle
MAY 7, 2014
By catering your content to each stage of the sales funnel, you can demonstrate a specific understanding of individual client needs. Let’s take a look at the sales funnel and break down how you can leverage your B2B content marketing for each stage. Top of the Funnel. Middle of the Funnel. Bottom of the Funnel. On Google+ or LinkedIn?
B2B Social Media and Content Marketing in the Sales Funnel
Social Media B2B
APRIL 26, 2011
Marketing software company Hubspot is a master at publishing content to drive awareness at the top of the funnel. Content created in a social media style and shared on social platforms can help B2B buyers as they progress through the sales process. Content Helps to Close the Sale and Drive Revenue. Content Marketing is Growing for B2B Companies. Encourage Sharing.
Marketing & Sales Alignment; We’ve Aligned to Optimize Your Lead Funnel & Pipeline
APRIL 26, 2012
Content drives leads into the funnel; content nurtures leads into sales opportunities. If you’re a sales executive, call Frank, and he’ll bring me in. We’ve aligned; now it’s your turn, but only if you crave more quality leads, more sales opportunities, and shortened sales cycles. Why the alignment? firstname.lastname@example.org.
Love Every Lead – 4 Ways Marketing Automation Benefits the Sales Cycle
Modern B2B Marketing
MARCH 13, 2012
The reason that many companies fail to exploit their demand generation success is that they fail to implement strong structures and process to manage the final piece of the marketing funnel. Lead scoring and nurturing tools ensure that a company can manage the top of the funnel through to marketing qualified leads (MQL). Ready to get started?
Infer Partners with Terminus to Introduce Predictive Ad Targeting that Drives Advertising ROI through Top-of-the-Funnel Engagement
APRIL 15, 2016
Infer Inc. , a leading predictive sales and marketing platform that helps companies win more customers, today announced a Predictive Ad Targeting Platform that helps businesses target their highest-potential accounts and fuel deeper engagement. A new Infer partnership with account-based marketing (ABM) platform Terminus extends the power of predictive analytics to business-to-business advertising.
5 Ways B2B Can Learn from B2C Marketers
Buzz Marketing for Technology
NOVEMBER 21, 2012
Posted in Buying Cycle Conversion Conversion Optimization Customer Customer Experience Personalization Strategy. And it’s obvious why: buying cycles are longer, buyer mentalities are different, and products typically require more investigation before a purchase. Either way, the company’s aim is to educate the prospect to drive a sale. There is no exception for B2B.
Sales and Marketing: The technology behind CRM
B2B Lead Generation Blog
FEBRUARY 18, 2013
However, the most expansive definition takes a total end-to-end look at every interaction a person has with a company from simply becoming aware of the company at the very top of the sales funnel, all the way through customer service contact after the final conversion to a closed deal. With a complex sale, many personal touch points in customer relationship management are present – such as directly answering a question posted on social media or an online forum. At the same time, the real engine driving CRM and keeping prospects moving through the sales funnel is technology.
Why Marketing—Not Sales—Is the Best Sales Forecasting Engine
NOVEMBER 9, 2015
With the visibility and data available to marketers today, marketing departments are the ones able to accurately forecast sales furthest into the future. No department’s forecast capabilities — sales included — comes close. Marketing Owns the Top of the Funnel. The nature of demand generation means marketing has an impact higher up the funnel than sales.
Do You Take Part in the 7 ‘Worst Practices’ in Cold Email?
APRIL 7, 2016
Exclusive Bonus Content: Download Here 6 Warning Signs You Need Better Leads. #6 Don’t Use Presumptive Sales Techniques. Your messages and sales emails must adopt a casual, natural tone. appeared first on Sales automation. Exclusive Bonus Content: Download Here 6 Warning Signs You Need Better Leads. Imagine you’re about to dive headfirst into a big new list of leads. Takeaway.
The Steps You Need to Define the Stages of Your Sales & Marketing Funnel
OCTOBER 17, 2012
By now, most marketers understand the importance of mending the traditional rift between sales and marketing. In fact, organizations with good alignment between sales and marketing teams achieved 20% annual revenue growth in 2010 , according to a study by the Aberdeen Group. For example, HubSpot’s SMarketing team uses the following funnel stages: But that's just our funnel.
Sales-Marketing Alignment: How consistent messaging helped ADP engage customers at a faster pace
B2B Lead Generation Blog
JANUARY 7, 2013
Tweet Brian McGuire is one of those rare marketers who started in Sales and has held leadership roles in both Sales and Marketing. This experience provides him the broadest perspective of the entire lead generation funnel, from marketing engagement to close. He believes consistent messaging is the fastest way to speed customers through the funnel. Requests for brochures.
Lead Generation: How 64% of marketers starve Sales of opportunity
B2B Lead Generation Blog
JUNE 24, 2012
Unbelievably, most are still sending only raw leads to Sales, and they aren’t making an effort to bring those leads to a place where they’re ready for Sales to bite into. 64% of marketers still send all leads that respond to marketing campaigns directly to Sales. Depending on the length of your sales cycle, it may take a few months before you start seeing results.
How to Use Interactive Quizzes to Make Your Sales Team Smarter
JUNE 7, 2016
But to turn interactive content into a powerful weapon for your sales team, you need to get sales more involved. On the sales front, you know some of the basic information about the prospect, including a few demographics, from the form they submitted. Instead of marketing and sales running off to their different corners, they need to sit at the same table and work it out.
Optimizing the B2B Content Marketing Funnel: Turning Contacts into Clients
MARCH 19, 2015
If you are doing it right, your content funnel probably looks something like this: Then you realize you aren’t converting your new contacts into new clients. While some contacts are further along in the buying cycle, they are most likely still learning more about your firm. Many firms struggle with the final step of optimizing their content marketing funnel. Be Patient.
Do You Qualify?: The Leads Test You Must Pass
MARCH 23, 2016
And how you can fill your sales pipeline with only qualified leads. Once you have clearly established who you’re targeting, you should expect these qualified leads to have certain characteristics: Have completed, or are in process of completing, your nurturing campaign cycle. Are in control of their own buying cycle and are completing self-education research. Simple. link].
Tips To Power Your Sales Funnel With Video Content
It's All About Revenue
SEPTEMBER 15, 2013
Video can power your sales cycle at every step of the buying process, but it’s critical to remember that not all content is relevant to everyone. Top Of Funnel. Middle of Funnel. Mid-funnel prospects want content that helps them evaluate your product’s fit for their organization, and help bring others onboard. Buyer Personas. Late-Stage Content.
Who’s selling better – you or your website?
JANUARY 18, 2016
If you ask most companies what their greatest sales asset is, they’ll probably respond “our sales team.” Maybe there’s another element to the sales process that gets systematically overlooked…I’m thinking of the company website. We decided to go through this exercise, anthropomorphizing our dear www.IKO-System.com to compare it to a flesh-and-blood IKO SDR (Sales Development Representative). So, first, sales reps have to adapt their speech to the right audience. Let’s evaluate our website the same way we evaluate our Sales Reps. Conversion rate?
Are You Optimizing the Top and Bottom of the Sales Funnel?
Modern B2B Marketing
APRIL 3, 2011
by Maria Pergolino In today’s B2B marketplace, revenue cycle management is all about the sales funnel. An effective funnel operating with sales and marketing alignment can create the magical mix of leads and effectively convert them to sales. To start the process, marketing needs to generate the best- qualified sales lead. Sales owns the bottom.
Why Marketers Should Really Care About TOTAL Velocity, Not Just Sales Velocity
AUGUST 2, 2016
It only includes the sales cycle. The idea is that a faster velocity (shorter sales cycle) means there is more momentum, which should translate to a higher win rate. Sales velocity is important, but it’s not the only velocity metric that marketers should be tracking. Sales Velocity. Sales Velocity + Lead Creation. Three Measures of Velocity.
Segmenting your content marketing
MARCH 18, 2015
B2B marketers need this, but so do B2C marketers that sell high consideration items with long sales cycles. Content Marketing Webinars brand differentiation buyer journey Buyer Profile Content marketing Content strategy market segmentation marketing persona Marketing strategy sales funnel targeted content targeted marketing video Webinar Thanks to all our sponsors!
Account-Based Marketing: Is it Worth the Hassle?
SEPTEMBER 5, 2016
It’s sometimes called “key account marketing” and is often used by enterprise-level sales teams. ABM can also cover support for the after-sales customer lifecycle to help improve the overall experience of the customer. ABM Provides Huge Windows of Opportunity for Your Sales Team. ABM Makes the Sales Cycle More Efficient. Matt Heinz , President, Heinz Marketing.
The Business Revolution in Sales Acceleration
JULY 19, 2015
In 2014, the average budget allocated to outreach ranged from nine and 12 percent of sales revenues and up to 50 percent for a new product launch. Sales acceleration incorporates strategies that automate processes to reduce the required spend. Sales Acceleration Defined. Creating an Efficient Sales Funnel. Information is key to optimizing sales practices.