The Benefits of Marketing Automation

by Gabriel Sales | Jul 13, 2018

Marketers say that the biggest benefits of automation are saving time (74%), increased customer engagement (68%), more timely communications (58%) and increased opportunities including up-selling (58%) (Adestra).

While marketing automation has been a legitimate business solution for more than five years now, it’s not until recently that’s it’s gathered more interest from small- and medium-sized B2B businesses. And why not, it’s a proven tool for your sales process – producing an average of 14.5% increase in sales productivity and reducing overall sales and marketing overhead by an average of 12.2%.

And these gains are realized even when most SMBs fail to leverage the true power of marketing automation to take care of the early stage sales funnel/buyer’s journey customer education. Because unfortunately, most SMBs only use marketing automation tools to send newsletters. In fact, more than 60% of marketers limit the use of their platform for email blasts to stay in touch with existing customers, and only 13% are using automation software in more advance ways (Autopilot).

Marketing automation platforms produce the best return on investment when they are used to run lead development campaigns, to score leads and to capture information about your potential customers to make your sales staff more productive. Marketing automation can make your sales and marketing operations more effective and efficient by attracting leads, educating them about your products and solutions, identifying and measuring their interest, and providing their level of real interest in your product or services. Sales may then cherry-pick the leads that express the most interest and are most likely to buy.

Here are five ways marketing automation can help you grow your sales at a lower cost.

Marketing Automation enables you to nurture not-yet-ready-to-buy prospects.

It takes an average of between 7 and 13 touches to develop a buyer before a sale is made. Marketing automation can become a stand-in for a junior level sales and marketing person, sharing company information and knowledge directly with your potential buyers. For those leads that are already aware of your solution, but aren’t yet ready to buy, marketing automation allows you to stay top-of-mind and build trust with your leads by offering educational content about industry trends and developments. It allows you to further boost your online presence, highlight product enhancements, and establish industry-leading influence. And it works: nurtured leads produce an average of a 20% increase in sales opportunities versus non-nurtured leads (DemandGen Report).

Research has shown that only 5% of B2B prospects are ready to buy at any given time. And 50% of qualified leads are not ready to buy either (Gleanster Research). And yet, many B2B companies today do not have a strategy to develop these opportunities; so sales reps simply discard them as ‘not interested.’ However, by nurturing your leads with light, educational content on a regular basis, you can stay top-of-mind and over time, develop real active interest (and deals) from leads you generated 6 to 12, to even 18 months ago.

Marketing automation allows you track and manage your early stage prospects and their content engagement on an ongoing basis as they go through the buyer’s journey over and extended period of time. The tool then reports data back to your team about their overall interactions, rather than by each individual campaign. This data is pushed to your CRM and used to more accurately identify and communicate to sales what leads need attention.

Lead nurturing works: 67% of B2B marketers say they see at least a 10% increase in sales opportunities through lead nurturing. And 15% companies report seeing an increase of 30% or more (Demand Gen Report). The top companies that excel at lead nurturing, generate 50% more sales ready leads at a 33% lower cost (Forrester Research).

Marketing Automation allows you to track content engagement by prospect.

96% of visitors who come to your website aren’t ready to buy (yet) (Marketo). And only 25% of those leads are legitimate and should advance to sales (Gleanster Research).

One of the greatest features of marketing automation is the ability to measure each piece of content a prospect has consumed throughout their interaction with your emails and website. These measurements help you monitor and analyze the buyers journey, allowing you to better understand customer buying behavior, identify your most engaging content, and pinpoint the preferred and most active distribution channels.

Marketing automation allows you to score prospects according to the type of content they’ve engaged with. Different types of content are scored based on how predictive they are in relationship to a buyer stage in your sales cycle. Basic educational content is not as highly scored as video webcasts about a specific buyer pain/need or demo videos relating to a specific solution. Each email sent within an automation campaign is scored to identify what content is interesting to buyers and how frequently they are engaging with it.

This type of data allows you to see when specific prospects have shown enough interest, so it makes sense for a sales rep to reach out with a personal email or phone call to move the deal forward. By using this type of dynamic lead scoring, you will have the ability to rank and score formerly unquantifiable implicit digital activities and take the appropriate sales action. The use of explicit data – higher scores for different lead criteria – allows you to grade your prospect compared to your ideal customer profile, making your sales team more armed and effective when they make first contact. These sales automation efforts seamlessly pass top scoring prospects over to well-prepared sales reps with background information on the leads interest in real-time.

Overall, lead scoring allows your sales team to focus on the most interested buyers and allows you to prioritize buyers that are the best fit for your company’s solution.

Marketing Automation allows you to use analytics to refine and improve your content and sales process.

One of the most valuable things marketing automation provides is data. Using the platform’s analytical features, you can track and monitor engagement at a more detailed level in order to understand when and how to improve. For example, platforms provide data for when a video is watched. This allows you to identify which pieces of content are being consumed, and which are not. Your marketing team can create more of what works, making pivots to making the right marketing investments easier to understand and execute.

Real-time lead alerts via email allow your sales team to follow-up faster when buyers are actively engaged in your content and submit a request. And we all know, time is money: there’s a 10x drop-off in lead qualification when sales waits longer than five minutes to respond to a lead – and a 400% decrease when sales waits 10 minutes or more (HBR, Insidesales).

With these alerts and summaries sales reps can more easily:

Prioritize their day with the most active prospects
Call buyers when they know they are sitting at their desk
Click on links to trigger CRM profile lookups for buyer insights
Send custom emails to active prospects with a few quick clicks

Additionally, marketing automation provides buyer intelligence for your marketing team. It shows what topics/pains buyers are most motivated by. And many of these reports are available in your CRM. Information like original lead source, specific page views, how long they spent on the page, webinar attendance and video views can also be tracked and analyzed. This type of data allows sales and marketing to work effectively together to drive sales as a team.

Marketing Automation Improves Lead Generation

Demand Gen’s State of Demand Generation study shows, 77% of buyers want different, targeted content at each stage of their research. Marketing automation allows you to send certain messages at designated times to your database Nurturing campaigns communicate with buyers through every step of the buyer’s journey – staying in front leads not yet ready to buy. This lowers cost dramatically and reduces lead churn rate, and helps you get the most from your lead generation efforts because it enables your company to stay in touch with buyers over a long period of time without the expense and time of regular check in phone calls by sales reps. With lead nurturing, sales reps don’t waste time chasing leads not yet ready to buy, while the marketing team prevents cold leads from slipping through the cracks.

Marketers using automation software generate 2x the number of leads than those using blast email software and are perceived by their peers to be 2x as effective at communicating with buyers (Autopilot, 2015; Hubspot Marketing Statistics). Enough said.

About Us

Gabriel Sales specializes in helping SMBs and Startups grow their 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 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.

Marketing Automation Implementation Checklist

by Gabriel Sales | Jul 5, 2018

The Science of Fast and Effective Marketing Automation

Marketing Automation is the simplest and most effective way to instantly improve lead generation and conversion. Implementing a marketing automation solution will streamline your sales and marketing efforts into one easy-manage process.

By downloading this checklist, you will learn:

WHAT is involved in the technical set-up of marketing automation software
WHO in your organization each implementation task is delegated to
HOW to automate your marketing content to generate leads and ROI

Combining Outsourced Sales and Marketing Automation Works

by Glen Springer | May 29, 2017

Dealing with the new digital buyer is now a requirement for most businesses. And keeping your sales and process flowing daily is now critical to a sustained flow of sales opportunities. So a wise choice now may be to look for an outsourced sales and outsourced marketing automation service provider.

This article will address what you can expect by combinining outsourced sales and marketing automation company.

Top four issues addressed by an outsourced sales and marketing automation service provider to help you get started

Issue #1 Sales and marketing automation technologies are constantly evolving. Marketing automation is designed to generate leads and develop leads not ready to buy. Some campaigns can take more than six months to develop the digital buyer, so it takes both time and experience to learn how to do both well to optimize the tools and campaigns. An outsourced sales and marketing automation service provider will have both experience and skills to boost sales while nurturing leads throughout the buying process.

Issue #2 Sales and marketing automation technologies come in multiple product stacks and many price points. Some technologies are better for B2C campaigns. Other technologies are designed for B2B campaigns. Some tools are designed more for inbound lead generation and others are designed for sales development. Finally, tools are now offered at a wide variety of price points and some features of the pricier tools are overkill for a small business, while other, larger companies with large sales teams can use additional features. If you are not familiar with the landscape, you could under spend or over spend and not get the results you need at the right ROI. You’re not familiar enough with the ecosystem of solutions to assemble a seamless optimized revenue engine.

Issues #3 You and your team have your hands full already. You could be developing product, serving customers, creating content and recruiting. If you are too busy to implement the technology, run the technology, build the database or run campaigns and even following up with the leads, an outsourced sales and marketing automation company can do this for you if are too busy to do all the legwork that goes into campaigning and lead development.

Issues #4 If your company’s sales team has never sold to leads that have been generated by marketing automation, your sales reps may lack the skill and the training to deal with well-nurtured leads. Well-nurtured digital buyers do not typically have the same needs in the sales journey that cold leads and inbound leads require. Well-nurtured leads need to be treated with a softer touch, while at the same time more aggressive touch. A company that provides both outsourced sales and marketing automation sales talent will have the skills and/or the ability to train your team in the best practices of both using the software to find scored leads, and how to best qualify and develop those leads.

If these issues are familiar, you may already be thinking about an outsourced sales and marketing automation company. If this is the situation you find yourself in, an outsourced solution on a temporary basis may be worth exploring.

About Gabriel Sales’ Outsourced Sales and Marketing Services

Gabriel Sales builds moderns sales and marketing operations for small businesses and technology companies that execute a solution sale and requires a closer to manage the close of a deal. To learn more about how we help you address the new digital buyer to close more business faster we invite you to check out our new approach to outsourced sales and marketing.

Sales Outsourcing and Marketing Automation

by Glen Springer | May 18, 2017

How Does Sales Outsourcing Use Marketing Automation to Generate Qualified Leads?

Marketing automation is at almost full adoption in most B2B technology companies. Larger companies will see as many as 20 new technologies in the marketing department. But many other small businesses are just getting started or do not yet understand how automated tools can make their sales and marketing operations modern and more efficient. Sales outsourcing and marketing automation combined is one way to quickly create modern and more effective sales and marketing operations.

In this blog post, we will touch on how a sales outsourcing company will use marketing technology to produce better results. We will touch on the following areas:

Capturing Sales Leads
Lead Scoring
Email Automation
Lead Intelligence
Sales Lead Prioritization and Notification

Lead Capture

One feature of a marketing automation platform is an integrated form builder that allows you to capture leads. You can embed these forms and customize them anywhere on your website. This includes landing pages on your main website and even within HTML code in your emails.

Lead Scoring

There are two main ways to qualify leads:

Using implicit behaviors and activities
Explicit data and demographics

Using implicit information allows you to rank and score activities like opening emails, click through and also seeing what content the buyer is reading. It is very valuable especially if they are visiting pages that predict purchase intent. You can also use explicit data like company size, title and business vertical.

When these two are combined, it becomes very powerful in helping your sales reps to decide who they should prioritize to call first. This makes your sales process much more effective and also helps you save thousands to hundreds of thousands of dollars a year not calling buyers that are not interested.

Email Automation

You can stay top of mind by sending email to buyers on a regular basis. This ensures you remain top of mind with the buyer not ready to buy. And when they are ready to buy, their lead score will increase. This saves you time and money and also makes sure a lead does not slip through the cracks.

Lead Notifications Alerts

The automation system can be set up to send daily email digests to help buyers prioritize who they should call. Lists can be set up to score:

Most recent activities
Highest scores
Best fits

With these lists and summaries a Sales Development Rep can:

Prioritize their day with the most active prospects
Perform quick lookups of anonymous visitors in LinkedIn or Jigsaw to identify potential new prospects
Click on links to trigger CRM profile lookups
Send emails to active prospects with a few quick clicks
Filter out unwanted activity

Lead Intelligence

Once you transition the lead you will have a record of all the activities of the buyer. This digital footprint is valuable to the sales rep as they start to develop the deal and set themselves up to both be helpful to buyer and to close the sale. Activities like original lead source, specific page views, webinar attendance, etc., can all be tracked. This allows the sales rep to profile and frame the content for conversations, voicemails and follow-up emails based on those specific prospect activities.

About Gabriel Sales Sales Outsourcing

Gabriel Sales helps companies build modern sales and marketing operations. We are committed to marketing automation as one of the critical tools for sales success. We have over 50 marketing automation deployments under our belt. And we have implemented over a half dozen different email marketing and lead scoring technologies so we can help you decide on the best fit at the right price to meet your sales goals and stage of sales maturity.

Outsource Sales and Marketing for Effective Marketing Automation

by Glen Springer | Dec 5, 2016

When you outsource sales and marketing to help transform and modernize and scale your sales and marketing operations, one of the greatest benefits you will realize in the short term will be the outsourcing of your marketing automation systems.

First let’s look at the benefits of hiring an agency to implement your marketing automation platform vs. hiring a full time employee (FTE). Hiring an FTE to implement and manage a marketing automation platform used to mean that you had a person sitting in your office available right next door. However in today’s business environment odds are that one or both of you are working remotely, so that’s no longer the upside it used to be. Also, hiring a single FTE would mean they would have one or two key strengths and skill sets – it could be systems integration, copy writing, content management, content production or sales messaging. Successful sales automation requires all of these skills sets to have the greatest impact. When you outsource sales and marketing, you will have access to a blended and dedicated team experts in automation with both depth and breadth in marketing automation, content marketing, databases management, CRM and sales. So you will be accessing a wealth of insight, strategy and skill.

So your next concern would be that this blended team will be more expensive than an FTE. That’s not the case because the costs of hiring that one employee with the limited skill set can go as high as $120,000.

Let’s start with simply finding that person. Marketing automation as a discipline is in high demand so you will need to start by advertising, hiring a recruiter, and interviewing. Your employee hasn’t even started yet and you’ve already spent weeks or months on the search and $1000s of dollars.

Next they join the team. You’ll have the regular salary, and benefits package that will be between 25% to 40% of their income including typical benefits like insurance, dental plans, paid vacation etc.

Once established in the office, you’ve got to allow time for ramp up; which takes an estimated 20 weeks for professionals and 26 for executives. One survey of CEOs in Harvard Business School estimated that the average mid-level managers require 6.2 months just to offer break-even value.

Simply stated you’re paying out long before you will start to see a return. Even more detrimental is that only 50% of hires pan out the first time, so you could be out twice that investment.

So now to the kicker when it comes to marketing automation and ROI. Marketing automation requires that you also invest in software. Marketing automation typically takes 3 to 6 months to start producing a more consistent set of leads. So while you are also waiting for your new FTE hire to:

Implement the system
Create the content use to fuel the system
Generate the leads to put into the system

You are burning through valuable resources and delaying the net return on your investment by not getting the tools and system as productive as quickly as possible. When you outsource sales and marketing along with marketing automation you will have sales ready leads before an FTE will even have your engine off the ground.

Bottom line, when you outsource sales and marketing in combination with outsourced marketing automation you will hit the ground running, with no training costs or ramp-up period required.

Having a blended teams collective experience, tactics, best practices and expertise at your disposal will give you access to a marketing automation and lead scoring brain-trust no single FTE can match. Especially when you consider that this blended team will have the collective experience of over 20, 30, or even 40 implementations under their belt to cross-pollinate best practices and set benchmarks from their past implementations.

So yes, when you outsource sales and marketing you will get all the benefits detailed above. But when it comes to building an automation system, the return will be even greater because ultimately all the investment will be returned even faster when your new and improved marketing automation program delivers a higher ROI faster because your blended team put the right skills behind the technology.

Gabriel Sales provides sales consulting & outsource sales and marketing automation services to companies committed to modernizing that sales and marketing operations. To learn more about our outsource sales philosophy and how we can help you build a sales and marketing revenue engine from start to finish, please visit our outsource sales and marketing services page.

« Older Entries