Vision Strategy Marketing (VSM) officially announces its participation at Expo Entrepreneurs, the big gathering of entrepreneurs from Quebec to be held January 24 and 25 at Place Bonaventure, in the heart of downtown Montreal.
Expo Entrepreneurs expects 8000 participants from all over Quebec! Come meet and discuss with professionals who share the same challenges as you. The program includes lectures and interviews on the main stage, immersive workshops and advisory clinics.
Do you want to differentiate your offer from ever more aggressive competition to help your organization grow? Are you having trouble reaching decision makers in your target market to convince them of your competitive advantages?
Drop by our booth and meet us to discuss solution avenues.
A meeting can change everything!
Many organizations struggle aligning their sales and marketing teams. It’s often difficult for marketing professionals to get the respect of salespeople and vice versa. While each team has its own responsibilities and functions, they both share the same objectives of keeping customers happy while growing business revenue.
The different roles of marketers vs. salespeople
Marketers focus on creating activities to capture the attention of targeted prospects with a goal of driving them into and through the sales process while shortening the sales cycle. Savvy marketers need to be experts in persuading an audience of many. They also add context to your organization’s expertise, products, and services. Their biggest challenge? Generating high-quality leads.
The role of salespeople is completely different. They need to influence one prospect at a time when a potential buyer gets closer to making the buying decision. They close the sales cycle by trying to sign as many opportunities as possible once they mature.
Generating sales-ready quality leads
This is a regular sticking point between marketing and sales. Sales is required to fill the pipeline with enough opportunities to close on a monthly basis to reach their sales objectives and even better, surpass them and get a bonus.
Since salespeople are busy with one-on-one conversations, their time is limited to generate one-to-many conversations. One way to address this challenge is for marketing to add a layer in their marketing tactics. By engaging with interested prospects in a phone conversation and qualify them before handing only those that fit the criteria agreed to with sales.
An important step in this process is to develop a list of requirements agreed to with sales to ensure the lead is properly qualified and reaches the status of what is commonly called a « Sales Qualified Lead » or SQL. If a potential buyer is not mature enough but still qualifies as a potential lead, then the contact can remain in the marketing database for further nurturing. This lead is called a « Marketing Qualified Lead » that will be included in future marketing activities until it either matures or gets tossed out once interest is lost.
This is a proven way to increase the lead quality generated by Marketing and strong enough for Sales to be able to expect to close some of them. Sales people do not have time to waste with "tire-kickers"; those people with an interest in your product or service but not mature enough to be in the buying cycle today. In order for marketing to earn the trust from salespeople, they must at all cost keep marketing qualified leads in the nurture process and not pass them to sales. Otherwise when trust is broken, salespeople will likely treat any lead you give them as unacceptable and a waste of their time and squandering of the marketing budget.
Why Teleprospecting vs. Telemarketing?
A successful pre-sales strategy is to engage in a phone conversation with a potential prospect generated by marketing tactics such as website inquiries, white paper content download, email responsiveness to a marketing campaign, and to qualify it.
First let’s define the difference between telemarketing and teleprospecting:
What is Telemarketing
What is Teleprospecting
This is usually carried out by a business development professional (in-house or agency like VSM) that makes every conversation count for the company. This person has typically acquired several years of experience in both telemarketing and sales. The experience comes into play during telephone prospecting by presenting a higher level of business acumen.
Did you know how many calls it takes to initiate a conversation?
The general opinion about telemarketing (shared by Marketing Sherpa) is that if you fail to connect with a prospect following three or four attempts means it’s time to move on. But the experience at VSM Marketing confirms that if you give up after three calls, you are missing out on prime opportunities.
Analyzing our B2B campaign results over several years, we have found that:
To sell a B2B Solution to SMBs
To sell a mid-to-complex Solution to bigger organizations
Therefore, if your telemarketing efforts limit the number of attempts per contact to only two or three calls, imagine the missed opportunities and the lower return-on-investment your campaign gets! It’s best to start with a smaller list and invest to get the maximum value out of it. You need to think long term as well. Get those nurture prospects that you can market to in addition to sales qualified leads.
Business-to-business telemarketing and teleprospecting have survived the gamut of technology-based tactics marketing has come up with in recent years. Why? Because at the end of the day, you need to have a verbal one-on-one conversation with a prospect.
No matter how they found out about your company, product or service, a customer deals with a sales individual and the telephone remains a crucial piece of a B2B lead generation strategy.
Pre-sales business development professionals also fill the gap that exists between Sales and Marketing as they execute teleprospecting programs. They don’t have the time constraints that sales have and are freer to make over 4 attempts to have a conversation. They will promote your products and services (marketing effort) while they start building business relationships (sales effort) before handing off the lead to sales when the time is right.
Isn't it time for you to bridge the gap between your Sales and Marketing teams with a strategic teleprospecting campaign?
Contact us to discuss your business objectives and we’ll evaluate together if this can help you accelerate your sales cycle.
50 de Lauzon Street
Suite 200, Boucherville
Tel: 450-655-5300 x 0