SlideShare ist ein Scribd-Unternehmen logo
1 von 26
Downloaden Sie, um offline zu lesen
Finding, Creating and Managing
             Leads
      Sales Readiness Series #2
          January 21, 2010
Sales Readiness Series 2010

     2010 Sales Revenue Planning                         Download

     Finding, Creating and Managing Leads       January 21, 2010

     Sales Intelligence and Insight             January 27, 2010

     Pipeline Management Best Practices        February 11, 2010

     Old School / New Tools                        March 4, 2010

     Opening New Markets                              April 6, 2010




3forward.com Create. Increase. Accelerate.TM
                                                ©2010, 3forward, LLC
Sales Readiness Series: Hosts




                Dan Hudson                     Matt Smith
                President, Co-Founder          EVP, Co-Founder
                3forward                       3forward




3forward.com Create. Increase. Accelerate.TM
                                                                 ©2010, 3forward, LLC
Guest Expert




                                               Lisa Cramer
                                               President, LeadLife Solutions
                                               lcramer@leadlife.com




3forward.com Create. Increase. Accelerate.TM
                                                                  ©2010, 3forward, LLC
Sales Leader Goals

               Increasing wins from targeted new logo prospects


               Top of mind with prospects in ‘buying mode’


               Accelerating in-bound lead generation


               Consistent, sustained lead cultivation


               Increasing sales efficiency and reducing cost/lead



3forward.com Create. Increase. Accelerate.TM
                                                                    ©2010, 3forward, LLC
2.0 Lead Gen Benefits

               Increases top of the funnel lead flow and quality


               Focuses Account Execs on sales ready targets


               Continuous nurturing of all targets and prospects


               Increase productivity, optimizes costs, fast ROI


               Integration of best practice tools and processes



3forward.com Create. Increase. Accelerate.TM
                                                                   ©2010, 3forward, LLC
What is Lead Management?
    What is Lead Management?                     Email, AdWords, Banners, Webinars, Offline Events


›   Lead management software
    allows marketers to
                                                            Inquires/Suspects
    automatically track, score,
    prioritize and nurture leads.
                                                                Conversions                   Nurture
                                     Marketing
›   You won’t find a lead
    management system in your                                 Sales Ready Leads
    current CRM system.
     •   This software integrates into
                                             Nurture
         your existing CRM system.                                Qualified
                                                                Opportunities
                                                                                             Sales
›   Why is a lead management
    system important?                                               Closed
     •   Because the Internet has                                    Sales
         changed the buy and sell cycle.



                                                                     Sales
What Are You Waiting For?

› Everyday you wait it’s costing you…
  • Marketing Cost
  • Sales Cost
  • Lost Revenue Opportunity
Marketing Costs
› Scenario:
   •   Let’s say cost per “lead” (i.e., someone who registered to get
       something – whitepaper, etc.) is $45 and the company generated 100
       leads in this campaign.

   •   If nothing is done with the leads generated:

                                                                    Monthly         Yearly

         Cost per Lead                             $45.00

         Total Number of Leads                                 100            1,200

         Aggregate Cost                                        $4,500         $54,000

         Leads Picked Up by Sales                  20%         20             240

         Leads Left by Sales                       80%         80             960

         Aggregate Cost of Worked Leads                        $900           $10,800

         Aggregate Cost of Leads Not Worked                    $3,600         $43,200


       Bottom Line: Marketing is wasting $43,200 of their marketing budget annually
       and $3,600 monthly due to lack of sales follow up based on the scenario above.
Sales Costs
2 Part Cost:


1) Calling Leads That Won’t Buy:
  - 73% of leads are wasted due to no opportunity
   for a discussion

Total amount wasted = $30,125


2) Sourcing Leads:
 - 1.5 hours per 8-hour day equals almost 20% of
   each sales rep’s day

Total amount wasted = $20,000/year
                                                        Bottom Line:
                                                       Companies are
Totals:
Calling Leads That Won’t Buy: $30,125
                                                      wasting $50,125
Cost of Sourcing Own Leads: $20,000                   per year/ per rep.

Total amount wasted: $50,125/ per sales rep
                                                    Source: Sales Performance Optimization
  Assumption - Sales Reps Annual Salary: $100,000   2009 Survey Results & Analysis
Lost Revenue Opportunity

› Industry Statics:
  • Percentage of leads that become qualified is 15%.

  • 20 leads worked, 15% become qualified leads = 3

  • Of the qualified leads, 80% become forecastable opportunities.

  • 3 qualified leads, 80% opportunities = 2.4 opportunities

  • Then 20% of forecastable opportunities close.

  • 20% of 2.4 opportunities = .48 sales close

  • Assume $20,000 per sale = $9,600 in sales
    closed
Lost Revenue Opportunity

› What LeadLife Customers Have Found:

   •   Percentage of leads that become qualified is 78%.
   •   20 leads worked, 78% become qualified leads = 15.6
   •   Of the qualified leads, 80% become forecastable
       opportunities.
   •   15.6 qualified leads, 80% opportunities = 12.48
       opportunities
   •   Then 20% of the forecastable opportunities close.
   •   20% of 12.48 opportunities = 2.496 sales close
   •   Assume $20,000 per sale = $49,920 in sales closed

 Bottom Line: Companies are missing out on $40,320 in revenue due to
 not having a lead management system.
Total Company Opportunity Cost
› Is this truly the best use of your sales and marketing resources?

› The numbers are astounding…




Bottom Line: Companies are losing $133,645 per sales rep annually by not
revising their lead management process.

Food for Thought: What if you have 10 sales reps? You are losing $1,336,450 annually.
Bottom Line Results

By implementing a lead scoring and nurturing process LeadLife
customers have found:
     Increase in qualified leads by 78%

     Decrease in sales cycle from months to weeks

     Increase in first call contact success rate from 12% to 85%

     Decrease in cost of sales by 10%

     Improved conversion rates up to 3x

     Increase in quality of leads going to sales
Complimentary Whitepaper
Complimentary Whitepaper for attending
  Receive our nurturing whitepaper just
                       today’s webcast!



   Whitepaper: The Cost of Not
        Nurturing Leads

  Learn how you can change your
  sales and marketing process to
 improve efficiencies and stop the
    leakage by lead nurturing!
3forward’s Sales Transformation ModelTM


                SALES READINESS                                                Research,
                                                                              Surveillance
                   Market                  Anchor                              & Insight
                                                             Market
                    Entry                   Client
                                                            Expansion
                  Programs                Acquisition                         Social Media
                                                                               Strategy &
                                                                              Engagement
                LEAD CREATION                                                   Virtual
                  Outbound                      Inbound                         Event
                                                                   Lead
                   Demand                       Demand                        Campaigns
                                                                  Nurturing
                  Generation                   Generation

                                                                               Sales 2.0
                                                                              Enablement
                2.0 SERVICES INTEGRATION
3forward.com Create. Increase. Accelerate.TM
                                                                                  ©2010, 3forward, LLC
Takeaways
       • Know your markets, targets and messages
       • Set your sales and engagement strategy
       • Establish Sales and Marketing lead goals and metrics
       • Map content and drip marketing campaigns to buying
         process
       • Implement lead lifecycle automation
       • Optimize your website for visitor authentication and 2.0 best
         practices such as social network sharing
       • Maximize your other inbound activities – events, webcasts,
         social media and networks, press releases, SEO
       • Continuously review your metrics: measure, score, modify
3forward.com Create. Increase. Accelerate.TM
                                                           ©2010, 3forward, LLC
Resources and Information
       Lead Generation’s New Model
              •    CEO’s, Change Your Company’s Sales Model Now (blog post)
              •    Marketing, Meet Sales (blog post)
              •    Successful Sales Pipeline Habits (blog post)
              •    Sales 2.0 (White Paper by Gerhard Gschwandtner)

       How To Design and Implement
              •    3forward’s Sales Readiness Checklist (blog post)
              •    Creating Qualified Opportunities (webinar replay and slides)
              •    Designing Nurturing Programs That Drive Sales – (White Paper by Ardath Albee)
              •    Sales Intelligence and Insights – New Webinar, Jan 27

       Industry Expertise
              •    Marketing Sherpa
              •    Inbound Marketing University
              •    CSO Insights

       3forward’s Old School / New Tools directory
              •    9 categories of sales and marketing best practices and dozens of downloads

3forward.com Create. Increase. Accelerate.TM
                                                                                      ©2010, 3forward, LLC
Further Education

Further Education
          www.leadlife.com
    Resource Library                               Articles




   www.leadlife.com/resourcelibrary.aspx      www.leadlife.com/news.aspx



       Best Practices                         Product Demo




  www.leadlife.com/leadgenerationemail.aspx   www.leadlife.com/demos.aspx
3forward Resources
                                                Sales Readiness
                                                  Join Our Group

                                               3forward Become a Fan

                                                    3forward
                                                  Dan_3forward
                                                  Mattat3forward

                                                Sales Leaders Blog
                        Sales Leader
                                               New Tools Directory
                         Resources
3forward.com Create. Increase. Accelerate.TM
                                                            ©2010, 3forward, LLC
Sales Readiness Series 2010

     2010 Sales Revenue Planning                         Download

     Finding, Creating and Managing Leads       January 21, 2010

     Sales Intelligence and Insight             January 27, 2010

     Pipeline Management Best Practices        February 11, 2010

     Old School / New Tools                        March 4, 2010

     Opening New Markets                              April 6, 2010




3forward.com Create. Increase. Accelerate.TM
                                                ©2010, 3forward, LLC
Questions?
Humm….
Thank You For Joining

Finding, Creating and Managing
             Leads

  www.3forward.com              www.leadlife.com

Weitere ähnliche Inhalte

Was ist angesagt?

Marketo Revenue Cycle Model and Lead Lifecycle How To
Marketo Revenue Cycle Model and Lead Lifecycle How ToMarketo Revenue Cycle Model and Lead Lifecycle How To
Marketo Revenue Cycle Model and Lead Lifecycle How ToJosh Hill
 
The TAS Group - Company Overview
The TAS Group - Company OverviewThe TAS Group - Company Overview
The TAS Group - Company OverviewAltify
 
How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009ITSMA
 
Account Planning Template for Account-Based Marketing
Account Planning Template for Account-Based MarketingAccount Planning Template for Account-Based Marketing
Account Planning Template for Account-Based MarketingChris Louie
 
Go-to-Market Business Plan Template
Go-to-Market Business Plan TemplateGo-to-Market Business Plan Template
Go-to-Market Business Plan TemplateJoseph Schwartz
 
Sales Operations Maturity Assessment
Sales Operations Maturity AssessmentSales Operations Maturity Assessment
Sales Operations Maturity AssessmentDemand Metric
 
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...Krista Caldwell
 
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-Machine
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-MachineSales-Leaders-Guide-to-Building-a-Revenue-Generating-Machine
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-MachineTaylor Miller
 
The Annuitas Group Lead Management Framework Sm
The Annuitas Group Lead Management Framework   SmThe Annuitas Group Lead Management Framework   Sm
The Annuitas Group Lead Management Framework SmCAnnuitas
 
Marketing Automation in 2016 with Marketingprofs
Marketing Automation in 2016 with MarketingprofsMarketing Automation in 2016 with Marketingprofs
Marketing Automation in 2016 with MarketingprofsVendasta Technologies
 
Why agencies need marketing automation to succeed
Why agencies need marketing automation to succeed Why agencies need marketing automation to succeed
Why agencies need marketing automation to succeed Vendasta Technologies
 
Post COVID B2B Sales Planning and Execution
Post COVID  B2B Sales Planning and Execution Post COVID  B2B Sales Planning and Execution
Post COVID B2B Sales Planning and Execution Vishal Sharma
 
IDC Best Practices in B2B Sales Methodologies
IDC Best Practices in B2B Sales MethodologiesIDC Best Practices in B2B Sales Methodologies
IDC Best Practices in B2B Sales MethodologiesIrina Zvagelsky, MBA
 
Revegy and SiriusDecisions, Account Based Marketing and Account Planning
Revegy and SiriusDecisions, Account Based Marketing and Account PlanningRevegy and SiriusDecisions, Account Based Marketing and Account Planning
Revegy and SiriusDecisions, Account Based Marketing and Account PlanningRevegy, Inc.
 
IDC sales productivity framework overview july 2009
IDC sales productivity framework overview july 2009IDC sales productivity framework overview july 2009
IDC sales productivity framework overview july 2009Lee Levitt
 
The Secret to Successful B2B Marketing: Revenue Operations
The Secret to Successful B2B Marketing: Revenue OperationsThe Secret to Successful B2B Marketing: Revenue Operations
The Secret to Successful B2B Marketing: Revenue OperationsLeanData
 
Wagering, Lotto & Games - Industry POV
Wagering, Lotto & Games - Industry POVWagering, Lotto & Games - Industry POV
Wagering, Lotto & Games - Industry POVVishal Sharma
 
OpsStars NY Keynote | Emergence of Revenue Operations
OpsStars NY Keynote | Emergence of Revenue OperationsOpsStars NY Keynote | Emergence of Revenue Operations
OpsStars NY Keynote | Emergence of Revenue OperationsLeanData
 

Was ist angesagt? (20)

Marketo Revenue Cycle Model and Lead Lifecycle How To
Marketo Revenue Cycle Model and Lead Lifecycle How ToMarketo Revenue Cycle Model and Lead Lifecycle How To
Marketo Revenue Cycle Model and Lead Lifecycle How To
 
The TAS Group - Company Overview
The TAS Group - Company OverviewThe TAS Group - Company Overview
The TAS Group - Company Overview
 
How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009
 
Insights into Customer Churn
Insights into Customer ChurnInsights into Customer Churn
Insights into Customer Churn
 
Account Planning Template for Account-Based Marketing
Account Planning Template for Account-Based MarketingAccount Planning Template for Account-Based Marketing
Account Planning Template for Account-Based Marketing
 
Go-to-Market Business Plan Template
Go-to-Market Business Plan TemplateGo-to-Market Business Plan Template
Go-to-Market Business Plan Template
 
Sales Operations Maturity Assessment
Sales Operations Maturity AssessmentSales Operations Maturity Assessment
Sales Operations Maturity Assessment
 
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...
Sales Operations Leaders Meetup: Salesforce Best Practices for Administering ...
 
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-Machine
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-MachineSales-Leaders-Guide-to-Building-a-Revenue-Generating-Machine
Sales-Leaders-Guide-to-Building-a-Revenue-Generating-Machine
 
The Annuitas Group Lead Management Framework Sm
The Annuitas Group Lead Management Framework   SmThe Annuitas Group Lead Management Framework   Sm
The Annuitas Group Lead Management Framework Sm
 
Marketing Automation in 2016 with Marketingprofs
Marketing Automation in 2016 with MarketingprofsMarketing Automation in 2016 with Marketingprofs
Marketing Automation in 2016 with Marketingprofs
 
Why agencies need marketing automation to succeed
Why agencies need marketing automation to succeed Why agencies need marketing automation to succeed
Why agencies need marketing automation to succeed
 
Post COVID B2B Sales Planning and Execution
Post COVID  B2B Sales Planning and Execution Post COVID  B2B Sales Planning and Execution
Post COVID B2B Sales Planning and Execution
 
IDC Best Practices in B2B Sales Methodologies
IDC Best Practices in B2B Sales MethodologiesIDC Best Practices in B2B Sales Methodologies
IDC Best Practices in B2B Sales Methodologies
 
Revegy and SiriusDecisions, Account Based Marketing and Account Planning
Revegy and SiriusDecisions, Account Based Marketing and Account PlanningRevegy and SiriusDecisions, Account Based Marketing and Account Planning
Revegy and SiriusDecisions, Account Based Marketing and Account Planning
 
SaaS GTM Blueprint
SaaS GTM BlueprintSaaS GTM Blueprint
SaaS GTM Blueprint
 
IDC sales productivity framework overview july 2009
IDC sales productivity framework overview july 2009IDC sales productivity framework overview july 2009
IDC sales productivity framework overview july 2009
 
The Secret to Successful B2B Marketing: Revenue Operations
The Secret to Successful B2B Marketing: Revenue OperationsThe Secret to Successful B2B Marketing: Revenue Operations
The Secret to Successful B2B Marketing: Revenue Operations
 
Wagering, Lotto & Games - Industry POV
Wagering, Lotto & Games - Industry POVWagering, Lotto & Games - Industry POV
Wagering, Lotto & Games - Industry POV
 
OpsStars NY Keynote | Emergence of Revenue Operations
OpsStars NY Keynote | Emergence of Revenue OperationsOpsStars NY Keynote | Emergence of Revenue Operations
OpsStars NY Keynote | Emergence of Revenue Operations
 

Ähnlich wie Maximizing Lead Generation and Sales Productivity with Lead Management

Zerobyte Presentation
Zerobyte PresentationZerobyte Presentation
Zerobyte PresentationRajesh Mondal
 
Nexsales sales expo presentation v2020
Nexsales sales expo presentation v2020Nexsales sales expo presentation v2020
Nexsales sales expo presentation v2020RightLeads Marketing
 
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation  360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation Upturn Consulting
 
Managing the customers you can't afford to lose
Managing the customers you can't afford to loseManaging the customers you can't afford to lose
Managing the customers you can't afford to losePLB68
 
The Science of Converting More Leads into Deals
The Science of Converting More Leads into DealsThe Science of Converting More Leads into Deals
The Science of Converting More Leads into DealsG3 Communications
 
Sales Marketing Alignment
Sales Marketing AlignmentSales Marketing Alignment
Sales Marketing AlignmentHubSpot
 
Taking Email Marketing Offline to Maximize Results
Taking Email Marketing Offline to Maximize ResultsTaking Email Marketing Offline to Maximize Results
Taking Email Marketing Offline to Maximize ResultsAct-On Software
 
Marketing Operations ROI: It`s Simpler and Way Harder Than You Think
Marketing Operations ROI: It`s Simpler and Way Harder Than You ThinkMarketing Operations ROI: It`s Simpler and Way Harder Than You Think
Marketing Operations ROI: It`s Simpler and Way Harder Than You ThinkClearAction Continuum
 
Sales management accountabiity
Sales management accountabiitySales management accountabiity
Sales management accountabiityPatrick Bruce
 
Cutting Through the Marketing Automation Hype
Cutting Through the Marketing Automation HypeCutting Through the Marketing Automation Hype
Cutting Through the Marketing Automation HypeAct-On Software
 
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...QEDbaton
 
Driving Marketing Automation Success Across the Enterprise: Marketing Strategy
Driving Marketing Automation Success Across the Enterprise: Marketing StrategyDriving Marketing Automation Success Across the Enterprise: Marketing Strategy
Driving Marketing Automation Success Across the Enterprise: Marketing StrategyMarketo
 
PulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation DeckPulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation DeckMatt Hensler
 
Markout Corporate
Markout CorporateMarkout Corporate
Markout CorporateSchuchie
 
AGI Software Sales Benchmarking Overview 062310
AGI Software Sales Benchmarking Overview 062310AGI Software Sales Benchmarking Overview 062310
AGI Software Sales Benchmarking Overview 062310rhodishman
 
Qualified B2B Sales Lead
Qualified B2B Sales LeadQualified B2B Sales Lead
Qualified B2B Sales LeadVivastream
 
Lead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales MarketingLead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales MarketingSilverpop
 
Customer Lifecycle Management
Customer Lifecycle ManagementCustomer Lifecycle Management
Customer Lifecycle ManagementNitten Bbinhhani
 
Engagement Marketing Technologies Uk
Engagement Marketing Technologies UkEngagement Marketing Technologies Uk
Engagement Marketing Technologies UkSilverpop
 

Ähnlich wie Maximizing Lead Generation and Sales Productivity with Lead Management (20)

Zerobyte Presentation
Zerobyte PresentationZerobyte Presentation
Zerobyte Presentation
 
Nexsales sales expo presentation v2020
Nexsales sales expo presentation v2020Nexsales sales expo presentation v2020
Nexsales sales expo presentation v2020
 
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation  360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation
360 Degree Sales & Marketing Tracking and enabler :- Marketing Automation
 
Managing the customers you can't afford to lose
Managing the customers you can't afford to loseManaging the customers you can't afford to lose
Managing the customers you can't afford to lose
 
The Science of Converting More Leads into Deals
The Science of Converting More Leads into DealsThe Science of Converting More Leads into Deals
The Science of Converting More Leads into Deals
 
Sales Marketing Alignment
Sales Marketing AlignmentSales Marketing Alignment
Sales Marketing Alignment
 
Taking Email Marketing Offline to Maximize Results
Taking Email Marketing Offline to Maximize ResultsTaking Email Marketing Offline to Maximize Results
Taking Email Marketing Offline to Maximize Results
 
Marketing Operations ROI: It`s Simpler and Way Harder Than You Think
Marketing Operations ROI: It`s Simpler and Way Harder Than You ThinkMarketing Operations ROI: It`s Simpler and Way Harder Than You Think
Marketing Operations ROI: It`s Simpler and Way Harder Than You Think
 
Merging funnels
Merging funnelsMerging funnels
Merging funnels
 
Sales management accountabiity
Sales management accountabiitySales management accountabiity
Sales management accountabiity
 
Cutting Through the Marketing Automation Hype
Cutting Through the Marketing Automation HypeCutting Through the Marketing Automation Hype
Cutting Through the Marketing Automation Hype
 
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...
B2B Content Marketing, Appointment Setting & Lead Generation Services by QEDb...
 
Driving Marketing Automation Success Across the Enterprise: Marketing Strategy
Driving Marketing Automation Success Across the Enterprise: Marketing StrategyDriving Marketing Automation Success Across the Enterprise: Marketing Strategy
Driving Marketing Automation Success Across the Enterprise: Marketing Strategy
 
PulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation DeckPulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation Deck
 
Markout Corporate
Markout CorporateMarkout Corporate
Markout Corporate
 
AGI Software Sales Benchmarking Overview 062310
AGI Software Sales Benchmarking Overview 062310AGI Software Sales Benchmarking Overview 062310
AGI Software Sales Benchmarking Overview 062310
 
Qualified B2B Sales Lead
Qualified B2B Sales LeadQualified B2B Sales Lead
Qualified B2B Sales Lead
 
Lead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales MarketingLead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales Marketing
 
Customer Lifecycle Management
Customer Lifecycle ManagementCustomer Lifecycle Management
Customer Lifecycle Management
 
Engagement Marketing Technologies Uk
Engagement Marketing Technologies UkEngagement Marketing Technologies Uk
Engagement Marketing Technologies Uk
 

Mehr von LeadLife Solutions

Gain Greater Visibility and Build a Pipeline that Never Leaks
Gain Greater Visibility and Build a Pipeline that Never LeaksGain Greater Visibility and Build a Pipeline that Never Leaks
Gain Greater Visibility and Build a Pipeline that Never LeaksLeadLife Solutions
 
Real World Rules for Lead Scoring & Prioritization
Real World Rules for Lead Scoring & PrioritizationReal World Rules for Lead Scoring & Prioritization
Real World Rules for Lead Scoring & PrioritizationLeadLife Solutions
 
Finding & Nurturing the Right Prospects
Finding & Nurturing the Right ProspectsFinding & Nurturing the Right Prospects
Finding & Nurturing the Right ProspectsLeadLife Solutions
 
Making Lead Scoring & Nurturing Work
Making Lead Scoring & Nurturing WorkMaking Lead Scoring & Nurturing Work
Making Lead Scoring & Nurturing WorkLeadLife Solutions
 

Mehr von LeadLife Solutions (10)

LeadLife Solutions
LeadLife SolutionsLeadLife Solutions
LeadLife Solutions
 
Lead Life
Lead LifeLead Life
Lead Life
 
Content creation ppt
Content creation pptContent creation ppt
Content creation ppt
 
Best Practices: Lead Scoring
Best Practices: Lead ScoringBest Practices: Lead Scoring
Best Practices: Lead Scoring
 
Best Practices: Lead Nurturing
Best Practices: Lead Nurturing Best Practices: Lead Nurturing
Best Practices: Lead Nurturing
 
Best Practices: Landing Pages
Best Practices: Landing PagesBest Practices: Landing Pages
Best Practices: Landing Pages
 
Gain Greater Visibility and Build a Pipeline that Never Leaks
Gain Greater Visibility and Build a Pipeline that Never LeaksGain Greater Visibility and Build a Pipeline that Never Leaks
Gain Greater Visibility and Build a Pipeline that Never Leaks
 
Real World Rules for Lead Scoring & Prioritization
Real World Rules for Lead Scoring & PrioritizationReal World Rules for Lead Scoring & Prioritization
Real World Rules for Lead Scoring & Prioritization
 
Finding & Nurturing the Right Prospects
Finding & Nurturing the Right ProspectsFinding & Nurturing the Right Prospects
Finding & Nurturing the Right Prospects
 
Making Lead Scoring & Nurturing Work
Making Lead Scoring & Nurturing WorkMaking Lead Scoring & Nurturing Work
Making Lead Scoring & Nurturing Work
 

Kürzlich hochgeladen

Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Nikki Chapple
 
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Mark Goldstein
 
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...itnewsafrica
 
A Framework for Development in the AI Age
A Framework for Development in the AI AgeA Framework for Development in the AI Age
A Framework for Development in the AI AgeCprime
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...Nikki Chapple
 
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...BookNet Canada
 
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...Wes McKinney
 
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...JET Technology Labs White Paper for Virtualized Security and Encryption Techn...
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...amber724300
 
UiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPathCommunity
 
A Glance At The Java Performance Toolbox
A Glance At The Java Performance ToolboxA Glance At The Java Performance Toolbox
A Glance At The Java Performance ToolboxAna-Maria Mihalceanu
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersNicole Novielli
 
Microservices, Docker deploy and Microservices source code in C#
Microservices, Docker deploy and Microservices source code in C#Microservices, Docker deploy and Microservices source code in C#
Microservices, Docker deploy and Microservices source code in C#Karmanjay Verma
 
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesManik S Magar
 
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentEmixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentPim van der Noll
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfNeo4j
 
Genislab builds better products and faster go-to-market with Lean project man...
Genislab builds better products and faster go-to-market with Lean project man...Genislab builds better products and faster go-to-market with Lean project man...
Genislab builds better products and faster go-to-market with Lean project man...Farhan Tariq
 
Digital Tools & AI in Career Development
Digital Tools & AI in Career DevelopmentDigital Tools & AI in Career Development
Digital Tools & AI in Career DevelopmentMahmoud Rabie
 
Generative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfGenerative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfIngrid Airi González
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesBernd Ruecker
 
2024 April Patch Tuesday
2024 April Patch Tuesday2024 April Patch Tuesday
2024 April Patch TuesdayIvanti
 

Kürzlich hochgeladen (20)

Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
 
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
 
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
 
A Framework for Development in the AI Age
A Framework for Development in the AI AgeA Framework for Development in the AI Age
A Framework for Development in the AI Age
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...
Microsoft 365 Copilot: How to boost your productivity with AI – Part two: Dat...
 
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...
Transcript: New from BookNet Canada for 2024: BNC SalesData and LibraryData -...
 
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
 
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...JET Technology Labs White Paper for Virtualized Security and Encryption Techn...
JET Technology Labs White Paper for Virtualized Security and Encryption Techn...
 
UiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to Hero
 
A Glance At The Java Performance Toolbox
A Glance At The Java Performance ToolboxA Glance At The Java Performance Toolbox
A Glance At The Java Performance Toolbox
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software Developers
 
Microservices, Docker deploy and Microservices source code in C#
Microservices, Docker deploy and Microservices source code in C#Microservices, Docker deploy and Microservices source code in C#
Microservices, Docker deploy and Microservices source code in C#
 
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
 
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentEmixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdf
 
Genislab builds better products and faster go-to-market with Lean project man...
Genislab builds better products and faster go-to-market with Lean project man...Genislab builds better products and faster go-to-market with Lean project man...
Genislab builds better products and faster go-to-market with Lean project man...
 
Digital Tools & AI in Career Development
Digital Tools & AI in Career DevelopmentDigital Tools & AI in Career Development
Digital Tools & AI in Career Development
 
Generative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfGenerative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdf
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architectures
 
2024 April Patch Tuesday
2024 April Patch Tuesday2024 April Patch Tuesday
2024 April Patch Tuesday
 

Maximizing Lead Generation and Sales Productivity with Lead Management

  • 1. Finding, Creating and Managing Leads Sales Readiness Series #2 January 21, 2010
  • 2. Sales Readiness Series 2010 2010 Sales Revenue Planning Download Finding, Creating and Managing Leads January 21, 2010 Sales Intelligence and Insight January 27, 2010 Pipeline Management Best Practices February 11, 2010 Old School / New Tools March 4, 2010 Opening New Markets April 6, 2010 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 3. Sales Readiness Series: Hosts Dan Hudson Matt Smith President, Co-Founder EVP, Co-Founder 3forward 3forward 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 4. Guest Expert Lisa Cramer President, LeadLife Solutions lcramer@leadlife.com 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 5. Sales Leader Goals Increasing wins from targeted new logo prospects Top of mind with prospects in ‘buying mode’ Accelerating in-bound lead generation Consistent, sustained lead cultivation Increasing sales efficiency and reducing cost/lead 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 6.
  • 7.
  • 8. 2.0 Lead Gen Benefits Increases top of the funnel lead flow and quality Focuses Account Execs on sales ready targets Continuous nurturing of all targets and prospects Increase productivity, optimizes costs, fast ROI Integration of best practice tools and processes 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 9. What is Lead Management? What is Lead Management? Email, AdWords, Banners, Webinars, Offline Events › Lead management software allows marketers to Inquires/Suspects automatically track, score, prioritize and nurture leads. Conversions Nurture Marketing › You won’t find a lead management system in your Sales Ready Leads current CRM system. • This software integrates into Nurture your existing CRM system. Qualified Opportunities Sales › Why is a lead management system important? Closed • Because the Internet has Sales changed the buy and sell cycle. Sales
  • 10.
  • 11. What Are You Waiting For? › Everyday you wait it’s costing you… • Marketing Cost • Sales Cost • Lost Revenue Opportunity
  • 12. Marketing Costs › Scenario: • Let’s say cost per “lead” (i.e., someone who registered to get something – whitepaper, etc.) is $45 and the company generated 100 leads in this campaign. • If nothing is done with the leads generated: Monthly Yearly Cost per Lead $45.00 Total Number of Leads 100 1,200 Aggregate Cost $4,500 $54,000 Leads Picked Up by Sales 20% 20 240 Leads Left by Sales 80% 80 960 Aggregate Cost of Worked Leads $900 $10,800 Aggregate Cost of Leads Not Worked $3,600 $43,200 Bottom Line: Marketing is wasting $43,200 of their marketing budget annually and $3,600 monthly due to lack of sales follow up based on the scenario above.
  • 13. Sales Costs 2 Part Cost: 1) Calling Leads That Won’t Buy: - 73% of leads are wasted due to no opportunity for a discussion Total amount wasted = $30,125 2) Sourcing Leads: - 1.5 hours per 8-hour day equals almost 20% of each sales rep’s day Total amount wasted = $20,000/year Bottom Line: Companies are Totals: Calling Leads That Won’t Buy: $30,125 wasting $50,125 Cost of Sourcing Own Leads: $20,000 per year/ per rep. Total amount wasted: $50,125/ per sales rep Source: Sales Performance Optimization Assumption - Sales Reps Annual Salary: $100,000 2009 Survey Results & Analysis
  • 14. Lost Revenue Opportunity › Industry Statics: • Percentage of leads that become qualified is 15%. • 20 leads worked, 15% become qualified leads = 3 • Of the qualified leads, 80% become forecastable opportunities. • 3 qualified leads, 80% opportunities = 2.4 opportunities • Then 20% of forecastable opportunities close. • 20% of 2.4 opportunities = .48 sales close • Assume $20,000 per sale = $9,600 in sales closed
  • 15. Lost Revenue Opportunity › What LeadLife Customers Have Found: • Percentage of leads that become qualified is 78%. • 20 leads worked, 78% become qualified leads = 15.6 • Of the qualified leads, 80% become forecastable opportunities. • 15.6 qualified leads, 80% opportunities = 12.48 opportunities • Then 20% of the forecastable opportunities close. • 20% of 12.48 opportunities = 2.496 sales close • Assume $20,000 per sale = $49,920 in sales closed Bottom Line: Companies are missing out on $40,320 in revenue due to not having a lead management system.
  • 16. Total Company Opportunity Cost › Is this truly the best use of your sales and marketing resources? › The numbers are astounding… Bottom Line: Companies are losing $133,645 per sales rep annually by not revising their lead management process. Food for Thought: What if you have 10 sales reps? You are losing $1,336,450 annually.
  • 17. Bottom Line Results By implementing a lead scoring and nurturing process LeadLife customers have found:  Increase in qualified leads by 78%  Decrease in sales cycle from months to weeks  Increase in first call contact success rate from 12% to 85%  Decrease in cost of sales by 10%  Improved conversion rates up to 3x  Increase in quality of leads going to sales
  • 18. Complimentary Whitepaper Complimentary Whitepaper for attending Receive our nurturing whitepaper just today’s webcast! Whitepaper: The Cost of Not Nurturing Leads Learn how you can change your sales and marketing process to improve efficiencies and stop the leakage by lead nurturing!
  • 19. 3forward’s Sales Transformation ModelTM SALES READINESS Research, Surveillance Market Anchor & Insight Market Entry Client Expansion Programs Acquisition Social Media Strategy & Engagement LEAD CREATION Virtual Outbound Inbound Event Lead Demand Demand Campaigns Nurturing Generation Generation Sales 2.0 Enablement 2.0 SERVICES INTEGRATION 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 20. Takeaways • Know your markets, targets and messages • Set your sales and engagement strategy • Establish Sales and Marketing lead goals and metrics • Map content and drip marketing campaigns to buying process • Implement lead lifecycle automation • Optimize your website for visitor authentication and 2.0 best practices such as social network sharing • Maximize your other inbound activities – events, webcasts, social media and networks, press releases, SEO • Continuously review your metrics: measure, score, modify 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 21. Resources and Information Lead Generation’s New Model • CEO’s, Change Your Company’s Sales Model Now (blog post) • Marketing, Meet Sales (blog post) • Successful Sales Pipeline Habits (blog post) • Sales 2.0 (White Paper by Gerhard Gschwandtner) How To Design and Implement • 3forward’s Sales Readiness Checklist (blog post) • Creating Qualified Opportunities (webinar replay and slides) • Designing Nurturing Programs That Drive Sales – (White Paper by Ardath Albee) • Sales Intelligence and Insights – New Webinar, Jan 27 Industry Expertise • Marketing Sherpa • Inbound Marketing University • CSO Insights 3forward’s Old School / New Tools directory • 9 categories of sales and marketing best practices and dozens of downloads 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 22. Further Education Further Education www.leadlife.com Resource Library Articles www.leadlife.com/resourcelibrary.aspx www.leadlife.com/news.aspx Best Practices Product Demo www.leadlife.com/leadgenerationemail.aspx www.leadlife.com/demos.aspx
  • 23. 3forward Resources Sales Readiness Join Our Group 3forward Become a Fan 3forward Dan_3forward Mattat3forward Sales Leaders Blog Sales Leader New Tools Directory Resources 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 24. Sales Readiness Series 2010 2010 Sales Revenue Planning Download Finding, Creating and Managing Leads January 21, 2010 Sales Intelligence and Insight January 27, 2010 Pipeline Management Best Practices February 11, 2010 Old School / New Tools March 4, 2010 Opening New Markets April 6, 2010 3forward.com Create. Increase. Accelerate.TM ©2010, 3forward, LLC
  • 26. Thank You For Joining Finding, Creating and Managing Leads www.3forward.com www.leadlife.com