ViewPoint

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Is it Fraudulent to Spend Money on Lead Gen Without an ROI?

ViewPoint

Thinking back on my career, I realized early on that marketing spending of any sort, whether for people or programs, must be rooted in my ability (and our marketing department’s ability) to justify the expense. Nothing else made sense to me then or now.

Lead Gen 221
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How to Avoid Wasting 75% of Your Marketing Spend

ViewPoint

Most companies admit to generating only a 10-25% follow-up of their sales inquiries. With so little follow-up, they’re reaching, on average, only 25% of available buyers. This means that 75% of the marketing dollars spent on lead generation are wasted. Why it’s Important. “If

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Six Steps Toward Building a Successful Sales Force

ViewPoint

Monitoring & Managing How Reps Spend Their Time 3. Monitoring and managing how reps spend their time: Not all prospects are created equal. These three often-overlooked elements are critical to optimizing sales performance: 1. Deploying Sales Resources 2. Coaching & Counseling. By vertical?

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How many leads must you create to achieve sales forecasts?

ViewPoint

Sales forecasts based on lead generation are predictable and repeatable as long as the marketing spend is consistent.”. Of course, if you don’t have 100% follow-up of the leads, Marketing will need to spend more money to create more leads to make up for the salespeople who aren’t executing the follow-up and doing their full job.

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Five Ways to Avoid Getting Burned by Outsourced B2B Sales Lead Generation

ViewPoint

We spend a lot of time on list analysis, gap analysis and list enhancement on the front end of a program. It’s not unusual for marketing executives to spend $10 or more on a “lumpy” or “dimensional” mailer and then argue over $.25 Your list/database is 60% of the reason why programs succeed (the other 40% is the message and media).

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How Not to Buy Leads

ViewPoint

It is highly likely that this buyer would never have agreed to spend $2,250 per lead – but he agreed to spend $900 per lead with 60% of the leads being disqualified—a waste of both money and sales’ time. More than half of the appointments generated weren’t qualified, so that means the cost per qualified appointment was actually $2,250.

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Marketing Needs to Put Skin in the Game

ViewPoint

This post is part of a series about the CEO’s role in eliminating wasted marketing spend and increasing sales results. Marketing spend as a percentage of revenue is often fairly small, usually less than 5 percent. In this segment, organizations spend 25 to 40 percent of revenue on marketing. Tier 2: Inside Commercial Accounts.