Seven Trends For Lead Nurturing

Seven Trends For Lead Nurturing

What’s Are the Seven Things You Need to Know About Lead Nurturing for Successful B2B Sales and Marketing Operations? 

The world of sales and marketing is transforming at an unprecedented rate. This change is being driven the B2B Buyer’s desire for a Digital First sales process. This article will discuss the seven trends for lead nurturing and B2B demand generation every business owner should know to help their business thrive.

This shift in B2B Buyer’s desires has caused businesses of all shapes and sizes to rethink how to sell more effectively. And the Fortune 500 moved to meet the Buyer’s desires first. To address this new set of expectations, Enterprise companies took responsibility for pre-sales education away from the traditional role/responsibility of the sales development rep and passed that accountability to the marketing operations team.

This change is so rapid, that according to a recent Adobe research project, 82% of marketing professionals overwhelming agree that marketing has changed more in the past two years than in the past 50.  And 89% to 92% of these same marketers agree on three other facts as they take on these new pre-sales education responsibilities:

  • You need to focus on digital education first
  • Marketing operations needs to educate Buyers much deeper in their buying process
  • Marketers will need to keep learning on the job as new trends and patterns emerge

Smart Decisions Require Understanding the Modern B2B Buyers’ New Behaviors 

In this current environment, it’s difficult enough for even the most skilled marketers to keep up with all these changes. As a result, business owners and sales professionals are at even greater disadvantage.  Most sales professionals are confused and struggle how to most effectively fill their sales funnel with well-educated Buyers in the short term while making critical long term strategic marketing and sales operations decisions that will allow them to thrive in the long term. 

Fortunately, for today’s small and mid-sized businesses owners, we now finally have a great deal of information about what these new Buyers want from Sellers, expect from Sellers and how these Buyer’s behave when their needs are met. 

And – after launching over 150 successful sales and marketing automation implementations and sales and marketing ops teams – there are two things we know about business owners and entrepreneurs.

  • First – once business owners understand the needs of their Buyers, they know how to meet the needs of their Buyer.
  • Second – once business owners are armed with the right information and insights, most can make smarter growth decisions quickly and can prioritize their budgets intelligently.

With both of these facts in mind, we wanted to share the most recent information on how the Digital First Transformation has permanently altered Buyer behavior. And why the Modern Buyer prefer.

 

The B2B Digital-First Sales and Marketing Trends Everyone Needs to Know and Address

One – Most Buyers Start Their Digital Education Months or Years Before They Are Ready to Buy

First, most Buyers are not ready to buy when they first start their digital education. Initially, most Buyers are just trying to figure out how to solve a problem. According to the most recent research by Aberdeen Research, less than 2% of initial email opens are close to being ready to buy. And even more surprisingly, less than 20% of your pay per click or SEO leads are active Buyers.  

On the negative side, this means ad hoc lead gen campaigns, awareness campaigns and appointment setting campaigns have lost a great deal of their effectiveness and impact.

But the positive fact is that about 80% of all these early-stage leads, we call them “Marketing Qualified Leads” (MQLs) will spend money within 3 to 18 months. So once a lead engages with you, even if they are not ready to buy immediately, you will have a short list of Buyers:

  • That you know will be spending money within the next 3 month to 18 months
  • That expect and want you to educate and nurture them for an extended period of time

You know these future Buyers are receptive to your thought leadership. You know that some will welcome your support as you help them move systematically through their buying process.

Two – Buyers Don’t Really Want to Talk to Sales Reps Until They Are Digitally Educated (And Ready to Shortlist)

According to Forrester, your typical Buyer now consumes 7-15 pieces of digital content prior to engaging with a sales rep. And they do this with 3 to 5 different solution providers.  And as noted in the intro of this article:

  • 80% of Buyers want to delay dealing with Sales Reps until they have completed their initial research and are ready to short list for a decision. (Marketing Sherpa)
  • 62% will try and reach a decision without talking to sales rep, if possible. (Content Marketing Institute)
  • And in 2022 33% to 44% want to avoid a sales rep completely, if possible. (Merkle B2B Study)

This further impacts the long-term effectiveness of ad hoc lead gen campaigns and means nurturing your later stage funnel is now required for Digital First success.

 

Three – Buyers Rarely Short List Sellers Without Sustained Lead Nurturing and Digital Pre-Sales Education

As Gartner’s latest survey and chart above clearly details, “Content is King”.  This now applies to the entire sales funnel. Success now requires Sellers to continue to market the entire funnel after the lead has been generated.  This means you need to use content marketing tactics through the pre-sales process because this pre-sales process is now often happening without the direct involvement of your Sales Development Rep.

This nurturing process is no longer optional because according to the 2022 Demand Gen Report,  95% of Buyers short list a solution provider that “Provides them with ample content to help navigate through each stage of the buying process”.

If your content marketing campaigns don’t move beyond the appointment setting and lead gen stage, it will be exceedingly difficult to survive and you will have little chance to thrive in the near future.

 

Four – Buyers Overwhelming Prefer Video and the Trend is Accelerating

During the pandemic lock downs, with face-to-face meetings impossible to execute and with Buyers moving to home offices (and with direct lines typically going straight to voice mail), video adoption was an experience all B2B Buyers and Sellers shared during the pandemic.

Zoom normalized video for all of us.  It also normalized video adoption for pre-sales education.  According to both Wistia and Vimeo, downloads jumped by 380% in 2020.  And if you thought this adoption would slow down exiting the pandemic, you would be wrong.  In the first quarter of 2022, video consumption increased by another 148%.  Video is growing because video works.

  • Video is more convenient for the Buyer – 64% of Buyers stated they prefer video because its more convenient for education. (Gartner)
  • Video drives better engagement – Video posts have the highest engagement in Social Media (AdWeek) and using video in the email subject line, boosts open rates by 19% and increases click through rates by 65%. (Pardot)
  • Video is preferred over text when exploring solutions – Given the choice between text and video, 75% of Buyers will choose video to learn more about a solution. (Hubspot)

And according Vidyard and Vimeo, this shift to video is going to continue to accelerate in 2022 and 2023.

  • In 2022 80% of the Fortune 500 is moving towards internal vs. external production.
  • Video is being used later in the sales funnel, with the average video created coming in at 9 minutes and 48 seconds in length.
  • And the average company that has been using video as part of their nurturing process is planning to double to triple their use of video in 2023.

To learn more about how to leverage video as part of your sales and marketing operation check out our two articles –  Six Important Videos to Fill Your Sales Funnel with Sales Ready Leads and What Videos Are Most Effective B2B Lead Scoring and Sales Automation.

 

Five – Buyers Reward Sellers Committed to Digital First Lead Gen, Pre-Sales Education and Lead Nurturing

B2B Buyers are already dramatically rewarding Sellers for a Digital First sales and nurturing process:

Sellers have more opportunities to do business – Businesses that implement a content workflow and use marketing automation to nurture prospects, experience a 451% increase in qualified leads in 9 to 18 months. (ANNUITAS Group)

Sellers win more business – 95% of Buyers chose a solution provider that “Provided them with ample content to help navigate through each stage of the buying process.” (DemandGen Report)

Sellers win more business more frequently – You are 2X as likely to win business over your competitor if you provide a substantive digital education experience for your prospects throughout their buying process. (McKinsey)

 

The Impact of Lead Nurturing vs. Lead Gen on Your Business (Watch Time 4:00 Min)

 

Watch this 4 minute video to learn what the sales impact is of an effective lead nurturing and demand gen engine

Six – Enterprise Companies are All In on Digital First

According to McKinsey’s survey, “The Future of Sales”, close to 9 in 10 enterprise companies confirmed that the new Digital First go-to-market sales practice was going to be a fixture of their business moving forward.  And 85% stated they were going to stay committed to this process throughout 2023 and beyond.

They are committed to this process because it works; i.e., it meets the desires of their Buyers.

Trends For Lead Nurturing

And they plan to accelerate the adoption of this Digital First process by their Buyers because they are planning on almost doubling their spend over the next 4 years. 

Seven – This Will All Lead to Pre-Sales Automation

Among the important trends for lead nurturing is the combination of B2B Buyers preference for Digital First pre-sales education over speaking with a sales rep, combined with the success of this process, and the investment being made by the Fortune 500 is why:

“Gartner’s Future of Sales research shows that by 2025, 80% of B2B sales interactions between Suppliers and Buyers will be automated and occur in digital channels”

Conclusion

Replacing your historical sale rep driven process and ad hoc lead gen tactics with a comprehensive content marketing strategy and nurturing process  is not an “if” decision – it’s a “when” decision.  The B2B Buyer and the Enterprise market are both driving towards Sales Automation and the cost savings that this shift will represent.

Many small businesses, young companies, mid-size companies, and even under-resourced sales and marketing groups are struggling to keep up with this Digital First transformation.  Many have an initial lead gen program in place, but that program is not producing the results it used to, or it’s not producing to expectations.

In many cases, SMBs struggle to craft a solid strategy deeper into the funnel, or they’re flying blind with a scattershot strategy.  They lack the bandwidth to make informed decisions around the right marketing and sales tech to leverage.  They lack the talent and resources to create quality content on a consistent basis, or they lack the time or can’t afford to assemble an experienced team of proven sales and marketing operation experts that are required to run a sales engagement engine consistently.  To learn even more about the advantages of outsourcing you lead nurturing and demand generation process you can read Why Outsource Demand Generation and Lead Nurturing.

When you’re ready, we have developed Digital Demand Center™ , a turnkey solution designed specifically for SMBs that turns the Digital First Transformation into an opportunity for SMB Sellers to survive and thrive.

 

How it Works – Turnkey  Lead Nurturing and Demand Gen with Digital Demand Center

 

(Watch Time – 5:00 Minutes) – Quick overview of how a our turnkey demand generation engine fill your CRM with well educated sales ready leads.

If you feel like you would like a much deeper crash course on all challenges and tactics required for success, we invite you to check out our Educational Video Series on The Digital First Transformation.

Lead Scoring for B2B Demand Gen & Lead Nurturing

Lead Scoring for B2B Demand Gen & Lead Nurturing

Lead Scoring for B2B Demand Gen — a Critical Tactic for Lead Nurturing Success

Background – The Adoption of Demand Generation and Marketing Automation

During the pandemic we witnessed a dramatic shift towards content marketing and the pursuit of multiple digital channels to generate leads. And according to Gartner’s latest survey, we also witnessed a dramatic shift to a Digital First sales process to replace the historical pre-sales education tasks of the Sales Development Rep with extremely positive results. That’s where lead scoring for B2B demand gen comes in.

 

Lead Scoring for B2B Demand Gen

The Impact on Leads

As a result, Buyers have now started their digital education far in advance of being ready to buy.

  • Less than 5% of Email Click Throughs are Ready to Buy – 96% of leads are not ready to buy when they first hit your website or landing page. (Aberdeen)
  • Less Than 25% of Inbound Form Fills are Ready to Buy – 78% of buyers requesting information on your company today will not purchase for at least 3 to 6 months – and 28% will take 12 or more months to buy. (Sirius Decisions)

And simultaneously, Buyers started to expect Sellers to provide digital pre-sales education much deeper into the sales funnel.

  • Buyers conduct over half their pre-sales education online. 74% of business buyers conduct more than half of their research and solution education online before engaging with a sales rep.
  • 80% of Buyers want to avoid Sales Reps until they have done their pre-sales research. 80% of Buyers want to delay dealing with sales reps until they have completed initial research and are ready to shortlist for a decision. (Marketing Sherpa)

Lead Nurturing and Marketing Automation Are Now Requirements

As a result, successful marketing operations teams have moved beyond content marketing for lead gen and are now accountable for providing well educated buyers to their sales reps as part of an integrated pre-sales and content marketing process. These marketing teams now implement Digital Demand Generation programs to nurture buyers through the pre-sales process to provide their sales team with well-educated buyers.  

Lead Scoring for B2B Demand Gen

According to Gartner, over 58% of successful B2B sales and marketing operation teams are now leveraging a marketing automation platform to manage this nurturing process (and another 12% are planning to implement an automation platform within the next twelve months).

They use a marketing automation platform because it is the central technology required to successfully execute Demand Generation with the sustained nurturing that is now required for success.  A marketing automation platform is critical for demand generation because it allows you to do four things:

  • Email Marketing – Send sustained email nurturing campaigns to targeted leads
  • Track a Buyer’s Digital Engagement – The platform allows you track the digital engagement of your lead’s activities, as well as their interaction with specific pieces of online content
  • Lead Scoring – Allows you to score leads and they engage with your digital content and nurturing campaigns
  • Alert/Prioritize Sales to Hottest Leads – Send alerts, notifications and prioritize leads for your sales team once a lead is “Sales-Ready”

What is Lead Scoring for B2B Demand Gen and How Does it Work?

Lead scoring is the process of giving each lead a numerical score to predict and rank the sales-readiness of each lead.

That numerical score is calculated in three ways:

  1. Explicit Contact Data
  2. The Buyer’s activity
  3. Predictive Content Engagement

 

Video – Nurturing, Lead Scoring for B2B Demand Gen and How it Works with Digital Demand Center™

(Watch Time – 3:00 Minutes)

One – Explicit Contact Data

Targeting the right market should already be a top priority for your sales and marketing operations team. Great targeting leads to better results and a better ROI on your marketing investment. A well-built database of targeted leads can help make this easier, but having a perfect lead database is not a realistic goal.

If you are targeting a broad market or generating a great deal of suspect PPC inbound leads, the first step is to give the best targets a higher score. This can be done directly in the Marketing Automation Platform based on your ideal fit. Below is a quick example of the customization that can be programed in the Marketing Automation Platform.

Two – The Buyer’s Activity

Lead scoring allows you to track a Buyer’s activity in a number of ways including:

  • Email Opens
  • Email Clicks
  • Video Plays
  • Duration of Video Watched
  • Form Visits
  • Number of Page Views
  • Visits to Your Website
  • Repeat Visits
  • Time on The Website

These scores continue to accrue over time every time your potential buyer comes back to your site(s).

Three – Predictive Content Engagement – The Most Critical Lead Scoring Step

Not all types of activities and engagement are created equal. An effective demand generation program requires that you nurture a buyer deeper into their pre-sales journey using different types of content to meet the buyers increasing needs as they get closer to a decision.

The deeper the buyer moves into the sales funnel the higher the numerical score associated with that that specific type/piece of content becomes.

Lead Nurturing Engagement Model

Your marketing automation platform then allows you to weight your content score based what stage the content indicates they engaged with as part of their Buyer’s Journey. If the buyer is still at the “Awareness” stage that engagement will get a score of 10. If they move on to checking out a piece of content (like a Demo Video) that indicates they are at the “Preference” stage they will get an additional score of 250”.

In addition to prioritizing leads that may be “Sales Ready” directly in your CRM. Lead Scoring also allows your marketing team to trigger alerts for leads that are Buyer that are demonstrating buying signals for quick and/or immediate follow up so they never miss an opportunity.

One of the most effective ways to score leads and predict when a buyer is ready to buy is a buyer’s  engagement with video.  You can learn more about this in our article –  What Videos Are Most Effective B2B Lead Scoring and Sales Automation.

These alerts are typically shared via email and are predominantly one of three types of notifications.

  • Predictive Engagement – The lead is engaging with content that typically indicates they are moving from “Consideration” to “Preference” or “Decision” stages.
  • Predictive Score – The lead is engaging with digital education in a meaningful way. The “Buyer” is becoming a “Well Educated Buyer” and their engagement and activities indicates they are trying to solve a problem in a way in which your solution looks like a potential fit.
  • Inbound Request – Sales team is immediately notified when any inbound requests are made by a potential Buyer.

Conclusion

Lead Nurturing is quickly becoming critical to the success of B2B Sales and Marketing Operation because B2B Buyers reward Sellers for a Digital First Pre-Sales Education process.

  • Businesses using marketing automation to nurture prospects experience a 451% increase in qualified opportunities.
  • 95% of buyers short list a solution provider that “Provided them with ample content to help navigate through each stage of the buying process” (DemandGen Report)
  • You are 2X as likely to win business over your competitor if you provide a substantive digital education experience for your prospects throughout their buying process (McKinsey)

And Leads Scoring is the critical process to capture the most sales value from this process. Nurturing without Lead Scoring is like ordering food and then leaving the table when it’s time to eat.

 

About Digital Demand Center™ (and Gabriel Sales)

 

Gabriel Sales has been helping companies build successful sales and marketing operations for over 20 years.  As part of these efforts, we have implemented marketing automation platforms over 150 times for companies ranging in size from Start Ups, through Small and Mid-Market businesses as well as serving the Fortune 500.

Digital Demand Center is a turnkey solution designed specifically for the small and medium sized businesses.  Our cost effective solution is engineered for companies that are serious about meeting the challenges and capturing the rewards of executing an automated digital first sales process.   DDC allows us to deploy our expertise and lead scoring best practices (cross pollinated) across all the successful organizations we support and serve.  For a detailed overview of the needs of the modern buyer, more about the problems we can help you solve and how that happens you can watch the video below and read our quick article Why Outsource Demand Generation and Lead Nurturing?.

 

 

Video – The Modern Digital First B2B Buyer and Digital Demand Center™

 

(Watch Time – 10:00 Minutes) Learn How to Successfully Meet the Needs of the Modern B2B Buyer with Digital Demand Center™ and Provide Your Sales Team with a Steady Flow of Well Educated “Sales Ready” Leads

If you are still not convinced nurturing, pre-sales automation and lead scoring is critical or feel like you would like a much deeper crash course on all challenges, budget, technology and tactics required for success, we invite you to check out our Educational Video Series on The Digital First Transformation.

 

8 Marketing Automation Tips

8 Marketing Automation Tips

Businesses that use marketing automation to nurture prospects experience a 451% increase in qualified leads. (Propeller)

B2B marketers say the number one benefit of marketing automation is the ability to generate more qualified leads (Pepper Global). They experience these great results because, marketing automation allows you to educate buyers, build trust, and stay in touch with prospects as they search for solutions to their problems. However, while more than 60% of marketers use email to stay in touch with their prospects, only 13% use marketing automation tools so they put in some of the effort but only get a fraction of the results. They also miss out on early stage leads, since marketers using marketing automation generate twice as many leads than those who just use one off blast emails. It’s statistics like these that spurred us to share some of Gabriel Sales’ automation best practices that have benefitted our firm and our clients.

Marketing automation is not necessarily difficult, but it does require a bit of a learning curve and some planning. Here are eight best practices we use that will ensure you’re marketing automation will be used wisely.

Start with a Strategy

Without a strategy, your marketing automation tool will inevitably become an ordinary email tool, blasting one-off messages and newsletters. The process of creating a strategy requires defining your value proposition, targeting your audiences, outlining the buyer personas of your ideal customers and mapping your buyer’s journey to your sales process. This allows you to tell your story, establish thought leadership and build trust with your potential buyers without the expense of sales reps doing this one customer at a time. A DemandGen study found that 95% of buyers consider content as trustworthy (and in some cases at early stages more trustworth then sales reps) when evaluating a company and its offerings.

Framework to Tell a Powerful Sales Story with Simple Messages

A critical part of the strategy will be a series of simple messages that tells your sales story in a way that resonates with your buyer’s needs.  This message framework will anchor your marketing efforts.  This framework  will deliver the right message at the right time based on where your buyer is at specific stages their buyers journey. As the table shows, there are different pieces of content topics and different types of media that work best for certain stages. While educating your potential buyers  about your perspective on challenges they face in the marketplace, who you are, and how you may be able to solve their problems, your content will be organized in a systematic way to help them  understand if you are the right fit to help them solve their challenges .  This builds trust with buyers looking to buy and keeps your brand and your solutions top of mind, for those not yet ready to purchase with helpful educational content.

Use Lead Nurturing to Create Opportunities

On average it takes, on average between 7 and 13 touches by both sales and/or marekting before a sale is made. This does not count the 47% of buyers who want to view 3-5 pieces of content before they even want to engage with a sales rep. (DemandGen). All this takes time.  And if you rely on sales reps to carry the load it can also take a significant amount of money. For those leads that already know about your solution, but aren’t yet ready to buy, lead nurturing allows you to stay top of mind through offering educational and thought-leadership content about industry trends and developments without the expense of a sales rep. Establishing thought-leadership is critical to an overall effective cost of sales percentage, since 96% of B2B buyers want content with more input from industry thought leaders which includes the company’s selling solutions that solve their problems (Demand Gen Report, 2016). Companies that excel at lead nurturing generate with educational thought leadership generate 50% more sales ready leads at 33% lower cost (Source: Forrester Research).

Integrate Social into Your Distribution Network

While marketing automation is associated with email marketing, modern automation tools are now easily connected to help you publish your content to additional networks in social media. That said, those channels are merely that, distribution outlets where it exposes your content to additional buyers so you can educate and build trust with your audience in additional areas across the web.  If you make the investment in content it also makes sense to share that content in social media.  Blog articles are leveraged by your automation platform to generate and score leads by educating and building trust.  But since you already have the content you can post it to social media to solidify a relationship with your leads and to make additional buyers aware of your solution.

Use Lead Scoring to Identify Who’s Engaging

Lead scoring is the least used feature by most businesses but it is the most critical for small and mid sized companies to increase productivity and lower their cost of sales. Lead scoring is the ability to figure out where someone is in their buying process and when they are getting actively interested in purchasing.  Lead scoring allows  sales and marketing to quickly flag who should be getting more attention from higher-end sales reps. Lead scoring will generate more revenue because better leads (buyers with high scores that are ready for sales interaction) will bubble to the top and be pritorized for you sales team, allowing your sales team to contact your most potential buyers at the right time. Lead scoring saves you money because leads with low scores that are not yet ready to buy, can be managed and developed by less expensive reps or in some case just by nurturing with marketing automation during their early education stages of your sales cycle. Lead scoring works. 68% of top marketers report lead scoring as the most responsible feature for improving thedirect revenue contribution of their content marketing efforts (Lenskold Group).

Integrate your CRM to Capture Lead Data

Capturing data and valuable information about your buyers is one of the key drivers to help you drive sales.  Marketing automation allows you to capture both key sales and marketing metrics. When you have collected this information in your CRM system you sales reps will have direct access to it.  This allows your sales reps to easily organize and sort prospects by any number of criteria including, points accumulated,  predict location in the sales funnel/buyer’s journey and to see what educational content the buyer has consumed.  This data allows you to sort buyers and then to sell to them more effectively because they will have a jump start on their level of education and business needs.

Use Data to Improve How Your Target Markets

You can learn a lot about your target audience by measuring the people who are engaging with your content through your website and emails.  To better understand the interactions you can split them into two data categories, explicit and implicit. Explicit data tells you who’s volunteered information to you via web forms, events or other interactions such as phone calls. Implicit data measures online behavior such as emails opened, click-throughs, form submissions, and downloads of your marketing collateral.  If an activity is predictive of buying the lead can be scored appropriately and can be highlighted in your CRM.  In many cases you can send real-time alerts to sales reps once a prospect reaches a certain point threshold or if a certain activity takes place. And timing is everything. In some types of sales 35-50% of all sales are won by the vendor that responds first (InsideSales.com).

Keep it Simple

Many SMBs we talk with say they haven’t made the leap to real marketing automation yet because they believe it’s too difficult. And while successful marketing automation involves many moving parts – contact us forms, downloadable assets, social and CRM integration, lead scoring, etc. – it’s important to start small and slow, while always keeping the end goal of the purpose of marketing automation top of mind. And the ultimate point of marketing automation is to put more sales qualified opprotunities into the hands of your closers. Decide on your goals for each campaign and the few KPIs to measure your success and design accordingly. Three simple KPIs to start with are:

  1. Contact volume.Automation helps marketers manage greater lead and prospect volume with more efficiency and effectiveness. So, it’s important to keep an eye on how many contacts, prospects and leads are engaging with your content to better understand where they are in the buyer’s journey and if there are any actions to be taken.
  1. A common goal is to better move contacts through your buyer’s journey and into your sales reps’ funnels, and track progress to identify what content is working and what’s not. Measure how campaigns impact MQLs, SQLs, and unsubscribes: are your campaigns better qualifying leads, improving the marketing-to-sales lead delivery volume, generating deals that are actually interested and helping nurture leads and prospects not yet ready to buy?
  1. Track engagement – email opens, click-throughs, website visits, shares, etc. – to identify the most effective messages and content that moves the needle with your audiences. Tracking engagement also allows you to identify the most active contacts and whether they need attention from sales.

Keeping it simple will only require you to focus on the buyers and purchase influencers you want to engage with right now.  There are all sorts of advanced features and complex segmentation that is possible but this is a distraction in the short term.  When you are just getting started we recommend that you leave the segmentation, tagging, etc. for later campaigns, once you’ve warmed up your audience with your educational, trust-building content.

No matter how you slice it, the move to marketing automation is growing and will be a requirement to compete for sales successfully in the next several years. Currently, 67% of marketing leaders use a marketing automation platform, while over the next two years, an additional 21% of marketing leaders plan to use a marketing automation platform (Salesforce “State of Marketing” 2017). Those numbers are not surprising because marketing automation works and saves time and money for organizations that leverage the technology to their advantage – 80% of marketing automation users saw their number of leads increase, and 77% saw the number of conversions increase by 2X over the first 18 months of implementing a platform (VB Insight “Marketing Automation, how to make the right buying decision” 2015). It’s no wonder, 91% of the most successful users agree that marketing automation is “very important” to the overall success of their marketing across channels (Marketo & Ascend2).

 

About Us

Gabriel Sales specializes in helping SMBs and Startups grow business with modern sales and marketing operations. Our team can augment gaps in your existing sales and marketing operations or we can be leveraged for full service campaigns that include:

  • Integrated Sales and Marketing Strategies
  • Database Research and Targeting
  • Automation and CRM Systems Best Practices
  • Systems Implementation
  • Inbound Lead Generation
  • Outbound Lead Generation and Lead Scoring
  • Sales Qualification
  • Closing

To learn more about how we can help you grow your business (or decide if we are the right fit for you), we invite you to visit our page that details our integrated approach to sales and marketing outsourcing. Or feel free to contact us for free initial consultation and discovery session to see if our approach is the right fit to help you hit your revenue targets.

Reasons to Consider Outsourcing Sales and Marketing

Reasons to Consider Outsourcing Sales and Marketing

Reasons to Consider Outsourcing Sales and Marketing

For many businesses ready for growth, it’s fairly typical to consider outsourcing sales and marketing and various other functions including: human resources, accounting and IT. And historically, when it comes to growing sales, most companies initially consider building a team of dedicated sales and marketing professionals. The conventional process was to hire lead gen reps and a senior sales professional, and then assign an existing employee with multiple marketing and demand generation functions.

But over the past several years, the requirements of buyers have significantly changed. First, they expect to be able to educate themselves digitally online, and they expect continuing education. Then, they expect to engage with both thought leaders and sales professionals as they make their purchase decision.

So, sales success in this new buyer-driven market now requires a team of sales and marketing professionals with a variety of skill sets, all focused on making it easy for the buyer to buy. These skill sets can be time consuming and difficult to assemble effectively and quickly. As a result, many companies are discovering the old model of hiring and building a sales and marketing team on their own is just not enough to generate what they need to produce sustained sales growth and success.

Consequentially, businesses are increasingly discovering that outsourcing their sales and marketing team is an attractive and smart business decision for growth and many other reasons as well. The different justifications for outsourcing all result in reducing costs, increasing results and lowering risks.

7 Reasons to Consider Outsourcing Sales and Marketing

  1. Access to strategists who craft an effective plan quickly – Companies that outsource get immediate accesses to integrated sales and marketing strategists. With all the shifts in buyer behavior, companies can work with experienced strategists who will help craft a plan that works for their business and their budget. And these strategists are experienced, they understand the trends and have access to benchmarks and research tools to help get the most out of their budget.
  1. Access to the right talent for both sales and marketing – Outsourcing sales and marketing provides businesses with the ability to source all the talent needed, quickly. On the sales side, this includes access to lead gen reps, closers and, in some cases, sales engineers. On the marketing side, it includes access to content producers, email marketers, inbound specialists and marketing technologists.
  2. Outsourcing sales and marketing is more cost effective with less risk – Outsourced sales and marketing gives you access to a team of blended resources. This eliminates the need for paying top dollar to multiple vendors for specialists, or having to carry full-time talent that’s underutilized. This, combined with removing the need for additional office space and eliminating the costs of recruiting and management, results in lower startup costs to get the team off the ground in the short term, and reduces ongoing overhead in the long term.
  3. Speed to market – Outsourced sales and marketing gets you to market two to three times faster because you gain access to a team that already works well together and has already generated business successfully.
  4. Immediate systems infrastructure – Selecting, purchasing and assembling all the tools you need for successful growth is expensive and time consuming. Outsourcing gives you access to the databases, automation tools and CRM, with both the technical talent and best practice expertise you need to get the most from the system.
  5. Operational efficiency – Effective sales growth requires efficient use of budget and talent. Combined with the right systems infrastructure, outsourced sales and marketing allows you to execute cohesive strategies with all the data and measurement you need for effective management. It also provides the middle management layer required for success.
  6. Proven stability – If you have been involved in sales and/or marketing for any period of time, you will have experienced sales teams and marketing teams that are not always unified and that don’t always “play” well together. When you outsource sales and marketing, you’ll be working with an organization with one shared goal of putting deals into your sales funnel. And this team will have a proven track record of success.

If you would like to learn more about outsourcing sales and marketing, contact us for a FREE consultation and to see if it’s the right fit for you. Give us a call at (720) 279-7511.

How to Use Content Marketing and Automation for Consistent B2B Lead Generation

 

57% of B2B buyers have already made their purchase decision before ever speaking to a sales person (CEB Global).

 

Ask any modern marketer one of the keys to generating consistent leads, and one thing they’ll say – if not the first – is automate your content marketing. Automated content marketing makes it easy for you to send compelling messages at a thoughtful and coordinated cadence. Scoring your buyers engagement with the content allows you to understand your audience and where they are in the buyers’ journey. This process is the most effective way to generate and develop leads without breaking the bank. It also produces superior results because content marketing costs 62% less than traditional marketing and generates about 3-times as many leads (DemandMetric). Furthermore, B2B marketers say the number one benefit of marketing automation is the ability to generate more and better leads (Pepper Global). Add analytics to your content marketing automation efforts, and you have a good recipe for generating quality leads consistently – 42% of B2B marketing professionals state that a lack of quality data is their biggest barrier to lead generation (BrightTALK, 2015).

In today’s B2B market, buyers research and engage digitally with content through 67% of the typical B2B buyer’s journey before they even consider talking with someone regarding a purchase(Lenati). In fact, 47% of buyers want to view 3-5 pieces of content before engaging with a sales rep. (Demand Gen Report, 2016). So it’s paramount for your content marketing strategy and lead gen success to run campaigns with enough content to generate trust with buyers looking for you to:

  • Prove you understand the problems they face
  • Understand what problem your solution solves
  • Understand what does this solution do better than the others
  • Confirm this solution a good fit for their need

Addressing these FAQs that occur over and over again in your sales process can be automated with educational content that discusses industry trends, common pains, different ways to approach various solutions to industry issues, etc. This simple and substantive information that you can share as a thought leader gives buyers the information they need as they move through their buyers’ journey. Not only does it build trust with the buyer, it offers them insight to make an informed decision about solution options. Because in reality most buyers look at sells reps as a necessary evil. Only 29% of people want to talk to a salesperson to learn more about a product, while 62% prefer to consult a digital content (HubSpot, 2016).

Align Marketing and Sales to Improve Lead Generation Efforts

With the multiple moving parts involved in the modern sales and marketing machine, both departments must work together to generate leads, educate them, and move them towards a purchase decision. Marketo finds that companies with an aligned sales and marketing strategy are 67% better at closing deals. Having an aligned sales and marketing process that works well for generating leads is critical to any firm’s growth. With alignment, both entities understand the target audience, the sales cycle, the appropriate content to send through the proper channels at the right time. The coordination of sales and marketing bridges the communication gaps that otherwise stifle messaging consistency and lead qualification collaboration. By bringing marketing and sales together and making us more effective as a team, we can build a stronger program to meet advisor needs and achieve business results.” – Mary Rosai, Senior Vice President of Institutional Services Marketing, Charles Schwab (Marketo).

Create Authentic and Subtantive Content, Score It and Automate It

If you talk to any modern sales and marketing professional these days about content marketing and how they approach it, you’ll most likely hear four things in common. Think of them as “the four pillars,” of content marketing:

  1. Tell simple, direct and compelling stories
  2. Be insightful and helpful
  3. Leverage data when possible to back-up your claims
  4. Offer advice without hard pitching your solution

In this day and age, B2B buyers are squeezed for time, so they’re interested in useful, and simple to consume educational content that is easy to access and digest. Case studies, white papers and educational blogs helps buyers compare their efforts, challenges and pains with their peers and/or justify their investment. 9 out of 10 B2B buyers say online content has a moderate to major effect on their purchasing decisions (Lenati). The most tangible way to link your business to B2B buyers needs is to show how you solve problems better than your competition.

Marketing automation allows you to share your educational and thought leadership content along the buyers’ journey to develop trust and stay top of mind with consumers that are not quite ready to buy. Automation tools allow you to score leads according to the value of the content their engaging with, allowing your sales and marketing team to predict their readiness to buy based on the content they consumed. In a recent survey of companies leveraging marketing automation with quality educational content on a a regular basis 80% of users saw their number of  converted leads increase, with 77% seeing the number of sales conversions from those leads increase (VB Insight).

Summary

B2B lead generation is one of the top sales challenges facing many SMBs that want to grow their sales revenue. Generating a consistent flow of quality leads is critical to be competitive in the market. Telling simple stories in a systematic way and executing content marketing campaigns using modern sales and marketing operations is crtical to any business that wants to consistently grow their sales funnel in todays buyer driven market. Implementing the right strategy, lead generation techniques, and technologies to allow your sales team to focus on selling to qualified leads, while your marketers focus on sustained and consistent lead generation efforts will improve your sales results and help you meet your revenue targets.

About Us

Gabriel Sales specializes in helping SMBs and Startups grow business with modern sales and marketing operations. Our team can augment gaps in your existing sales and marketing operations or we can be leveraged for full service campaigns that include:

  • Integrated Sales and Marketing Strategies
  • Database Research and Targeting
  • Automation and CRM Systems Best Practices
  • Systems Implementation
  • Inbound Lead Generation
  • Outbound Lead Generation and Lead Scoring
  • Sales Qualification
  • Closing

To learn more about how we can help you grow your business (or decide if we are the right fit for you), we invite you to visit our page that details our integrated approach to sales and marketing outsourcing. Or feel free to contact us for free initial consultation and discovery session to see if our approach is the right fit to help you hit your revenue targets.