B2B Sales Cycles are Getting Longer, Study Says

Sword and the Script

68% of B2B professionals surveyed say it takes longer to complete B2B sales cycles compared to a year ago They say recessions don’t start trends – they accelerate those that are already in motion.

Demystifying the Sales Cycle

PureB2B

So, sharing content that helps people remind them of the benefits you have to offer will help you land sales as efficiently as possible. Find ways to refine a complex sales process, reach potential sales and convert leads to business! The post Demystifying the Sales Cycle appeared first on PureB2B. Blog Buyer's Journey Complex Sales Cycle Content-Marketing Lead-Generation

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Have You Adapted to the Modern Sales Cycle?

Seismic

It’s no secret that the sales cycle has changed a lot over the past few decades. Some may even say that sales reps that are new to the game have a bit of an advantage when it comes to learning and onboarding; they are typically tech-savvy, have fresh and mold-able minds that aren’t bogged down by old methodology, and can adapt quickly to new sales models and techniques. Sales used to own the sales cycle. Buyers have grabbed control.

How to Increase Your Manufacturing SQLs Using the Buyer's Journey

SmartBug Media

It’s not uncommon for many manufacturers to still be relying solely on traditional outbound sales and marketing methods, such as attending trade shows and other in-person events, sending out printed mailers, and using basic cold-calling tactics. Buyer’s Journey Stage #1: Awareness.

Essential Guide to Sales Engagement – Overcome the Challenges of Remote Selling

Sales Engagement leverages process, tools, and training to align your efforts to your buyer’s journey and exceed their expectations. See how to equip sellers to effectively prospect, create meaningful connections and manage a sales cycle from beginning to closed-won! Download the guide today!

9 Tips for Connecting with Buyers and Closing Deals Faster in the Modern Sales Cycle

Seismic

Today’s sales and marketing teams are operating in the age of the customer. To be successful, these teams must focus their strategies and actions on the buyers’ problems and opportunities. Marketers are tasked with generating high-quality leads for the sales team.

How to Build the Perfect Conversion Funnel with Content Mapped To The Buyer Journey

Marketing Insider Group

The right content nurtures prospects throughout your customer journey and ultimately turns them into loyal brand advocates that keep coming back for more. The conversion funnel attracts, builds momentum, and results in return sales with your target audience through quality content.

How Organizations are Leveraging Content Across the Buyer Journey

Oracle

However, content isn’t only effective in the strict “marketing” sense — content satisfies the entire buyer journey, from awareness, to engagement, to lead generation, to sales enablement, and even to customer success. But this is only the start of the buyer journey. Organizations must be able to easily leverage this content for more than one purpose and one campaign in order to satisfy the buyer journey.

6.5 Upgrades For Your Lead Nurture Campaigns That Improve Close Rates And Shorten The Sales Cycle

Square 2 Marketing

Getting Leads Is Just The First Step; How You Nurture Sales-Qualified Leads Is The Key To Revenue Growth. They’re also working hard to generate sales-ready leads, or what we call sales-qualified leads (SQLs) – people who want to talk with your sales team now.

The Buyer's Journey or Hide and Seek?

The ROI Guy

We were in control of the supply and the sales cycle. The Buyer’s Journey back then was from 37th and 6th (or as many blocks as it took to make our pitch and gain a commitment). Technology has certainly made it easier to market and sell your products, but at the same time the process for gaining and maintaining buyer interest and commitment has become increasingly difficult. But today’s Buyer’s Journey is more of a game of hide-and-seek than a linear process.

Guiding the First Step of the Buyer Journey with Lead-to-Account Matching

LeanData

Lead assignment to Sales reps lies at the heart of every GTM process. But when your organization’s routing processes are erred, you become vulnerable to significant downstream issues, including: Routing leads who’ve already engaged with a Sales rep to a different rep at your company.

Sales Pipeline Radio, Episode 257: Q & A with Adriel Sanchez @Adriel_S

Heinz Marketing

If you’re not already subscribed to Sales Pipeline Radio , or listening live every Thursday at 11:30 a.m The show is less than 30 minutes, fast-paced and full of actionable advice, best practices and more for B2B sales & marketing professionals.

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#3: B2B Buyer Journey – 7 things every CEO should know about marketing

thePoint

This third blog post of the “7 things a CEO needs to know about marketing” series focuses on the B2B buyer journey. You may believe your company sells stuff to the market – like your products or services, however, that is your seller view and not a buyer view. B2B Buyer Journey.

5 Roadblocks Your Content Strategy Needs to Avoid in the Buyer's Journey

Oracle

The B2B buyer’s journey consists of the actions that a prospect takes from discovery of the product to purchase of the product, and your marketing content has a great influence on that journey. Consider these two points: 67% of the buyer’s journey is now digital. Today’s buyer can be up to 90% of the way through their journey before they personally reach out to sales. As mentioned in the introduction, not all buyers follow the same path.

Hacking the Buyer Journey – Remarketing for B2B Digital Marketers

The Lead Agency

As such, the B2B sales cycle is longer as decision makers often need to develop a relationship with a business before they commit to buying a product. As part of the sales cycle, B2B buyers will comparison shop. The post Hacking the Buyer Journey – Remarketing for B2B Digital Marketers appeared first on The Lead Agency. With a traditional office, you will often have clients that come in and leave without signing the contract.

Personalize Your Sales Experience To Shorten The Sales Cycle And Close More New Customers

Square 2 Marketing

Old-School Sales And Execution Is One To Many; New-School Sales And Marketing Is One To One. For those who get it, they’re creating Netflix-like buyer journeys for their clients, and closing new clients faster and more frequently than ever before. sales process improvement personalization Conversion rate optimization marketing personalization

Three Buyer Insights To Consider When Engaging B2B Buyers In A COVID-19 World

Tony Zambito

It is being used to describe the effects of COVID-19 in shaping B2B buyer behaviors. Pre-pandemic, it was expected buyer behavior trends may evolve over a five to ten-year period. Gaining insight into how buyer behavior is changing. The three buyer insights are notable.

The Power of Multi-Touch Attribution: Mapping Buyer Journeys To Enhance ROI

Walker Sands

In today’s digital world, the B2B buyer journey is increasingly complex, with a growing list of channels and touchpoints to track and measure. Understanding the Buyer Journey. Keep in mind that attribution is a non-linear process and no two sales processes are the same.

8 Personalization Trends That Are Reinventing the Buyer's Journey

Hubspot

If we think about offline buyer/brand relationships, customer loyalty results (in part) when a brand can form a relationship with the buyer through acts of thoughtful remembrance. One of the big challenges businesses face today is creating this same experience for buyers online. Each buyer’s journey is unique because buyers are dynamic individuals with their own wants, needs and concerns; their own motivations and goals — the likes of which change constantly.

How To Smash Your Funnel, Increase Close Rates And Shorten The Sales Cycle By Focusing On Just 12 Magic Metrics

Square 2 Marketing

People are recognizing the challenges associated with the outdated traditional funnel and embracing today’s buyer journey metaphor, the cyclone. Great questions, and I love it when CEOs start asking their marketing and sales leaders to express their goals in terms of business outcomes, instead of campaign launches and the delivery of stuff like whitepapers and e-books. revenue acceleration revenue growth Revenue Metrics sales and marketing alignment

The Emerging Importance Of B2B Ethnography To Buyer Personas

Tony Zambito

Better, deeper, insightful, and well-rounded understanding of customers and buyers is on the top of the list for many CEOs and CMOs today. Redefining The Meaning Of Buyer Understanding. These three pressing concerns are causing CEOs and CMOs to reevaluate how to understand their buyers and their abilities to help buyers achieve their goals. In today’s robust evolution of digital technologies, CEOs and CMOs seek buyer understanding to address these three concerns.

How to Do Market Research: A Step-by-Step Guide to Understanding Your Buyer's Journey

Hubspot

By now, you probably know that today's buyers hold all of the power when making a purchasing decision. Consider these recent statistics about B2B buyers from a 2015 study by Think With Google : 89% of buyers use the internet during the B2B research process. What's a marketer to do to make sure your buyers find you early and often? How to Do Market Research: A Step-by-Step Guide to Understanding Your Buyer's Journey. Step 2: Recruit Buyers.

5 Common Stages of B2B Lead Nurturing

Oracle

by Jesse Noyes | Tweet this If you work in the complex b2b marketing industry, you know just how long the journey from prospect to closed deal can take. Lead nurturing provides a structural framework for delivering specific types of content that answers buyers’ questions when they ask them. It’s important that when sales passes back a lead they provide a reason. If you understand the issue, you can lead them down an alternative path until they are sales-ready.

How Percolate is shaping the future of content marketing platforms

Seismic

Putting the buyer first. With Seismic, Percolate is now going to play a major role in the ability of organizations to tell one single story through the entire buyer’s journey.

How Conversion Funnels Create a Better Customer Journey + How to Optimize Yours

Hubspot

Conversion funnels are a fundamental concept in sales. Customers take a similar journey through your company's conversion funnel when evaluating whether or not to buy from you. In this post, I'll explain what conversion funnels are and how they impact your customer journey.

Segmenting your content marketing

Biznology

They don’t have one-size-fits-all content; they focus on the key characteristics of the buyer that allow them to target their content to the right person at the right time. B2B marketers need this, but so do B2C marketers that sell high consideration items with long sales cycles. My webinar yesterday was about how to make your content different from your competitors. Maybe you’ve jumped on the Content Marketing bandwagon, but are finding it rather crowded.

On the limited value of branded content

Biznology

Audiences in digital are not captive; they’re self directed and impatient to get on with their journeys—their stories. They don’t typically start their journeys by looking for brands. They start their journeys by looking for solutions to their problems. And they piece their journeys together at multiple sites from multiple providers. It is one of the signals we look for in understanding how queries indicate where prospects are in their buyer journeys.

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How do you sell when your buyers can’t buy? Mounting dysfunction in the B2B buying process

Biznology

It involves multiple parties over long decision-making cycles. I interviewed Brent Adamson , Sales Principal Executive Advisor on Sales, Marketing, & Communications, and got the skinny. At CEB, now Gartner, we’ve been studying sales and marketing for years, which means that we have deep insights into the challenges within these functions. What can a sales team do about it? Sales teams often think they need to be more reactive.

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Expert Q&A: Transform Marketing With A Revenue-Relevant Customer Experience Strategy

Oracle

by Amanda Batista | Tweet this The advent of social media, empowered buyers, and users bringing their own technology to work has now morphed B2B business models from product to services provision. This expands the sales cycle to a much longer and precarious customer lifecycle: the prospect becomes a buyer; who becomes a customer; and then becomes a potential prospect again for renewal or at least advocacy.

ABM Platform Trends Highlight the Need for Omnichannel Engagement

Leadspace

B2B marketing and sales has traditionally operated with the assumption of long and complex sales cycles. . While this still holds true, a transformation is afoot in the B2B sales cycle. B2B buyers are now demanding B2C-like buying experiences.

A Guide to Researching Leads Before a Sales Call

PureB2B

Not everyone’s a natural-born salesperson, and for a lot of professionals, the sales call is a daunting task. Why It’s Important to Research Your Sales Leads. In this fast-paced industry, buyer needs and demands are ever-evolving. As marketers and sales professionals, we have to adjust to behavioral shifts caused by a multitude of technological advancements and lifestyle transformations. Remember, all the actions your prospective buyer takes is driven by a goal.

How to Solve the Top 5 Challenges of B2B Sales with Marketing

Kaon

Considering that the major portion of a buyer’s journey takes place without his or her knowledge, salespeople have to rise above a long list of challenges, regardless of their industry. So, how can sales teams rise above? Today’s sales teams need a strategy, strong communications and up-to-date technology. Cutting-edge technology allows the sales professional to convey innovation and create a lasting memorable engagement. Understanding multi-buyers’ needs.

Intent Data: A Direct Line into Prospects Ready to Buy Your Product or Service

SmartBug Media

It’s not as simple as a magical button on your browser homepage—but it is a very real set of data analytics based on consumer behavior across the web (not just on your website) that: Gives you a front-row seat to live buyer activity, shows you the buyer’s pain points. By the time the average B2B buyer connects with any particular vendor, they’re already more than 70 percent of the way through the Buyer’s Journey —and 67 percent of that journey is digital.

Revealed: How to Track Marketing’s Contribution to the Bottom Line

Televerde

Marketers are notorious for being sales’ more creative, bouncy, counterpart – blowing bubbles and dancing in the rain – while sales watches on disapprovingly with a no-nonsense, numbers-driven demeanor. A New Day in Sales and Marketing is Upon Us.

Authentic connections in a digital buyer’s journey

Televerde

As B2B buyers we want a personalized experience that recognizes our history with a brand and delivers relevant content and recommendations. And to personalize at scale, many marketing organizations are using AI and analytics to understand past buyer behaviors and anticipate future ones, so they can craft effective engagement strategies prospect by prospect. The post Authentic connections in a digital buyer’s journey appeared first on Televerde.

Does B2B Content Marketing Really Help Buyers Buy?

Digital B2B Marketing

In B2B marketing organizations, content marketing aims to help buyers buy. Content marketing provides the information buyers need to determine the type of solution they need, develop internal support for a change, create a short list of providers and address objections , all while positioning your company as a trusted resource. So before you start creating more content to move prospects through your buyers journey, step back and consider how to help prospective buyers buy.

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Stitching Intent Data into Your Sales Strategy

DiscoverOrg Sales

?. Hey everyone, Jake Shaffren here, Director of Sales at DiscoverOrg. Today, we’re talking through the buying journey and intent data – from the perspective of my true-life example of buying a sewing machine for my fiancée. Step 1: Buyer research. Your buyers are doing this, too: They’re trying to get clear on what problem they’re trying to solve. The same is true for your B2B buyers. This is where buyer Intent Data comes in.