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MARCH 2017

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23

INNOVATE

their fingertips, it’s much easier for

your sales team to learn about the

prospect and connect. However,

theymay still consider it a waste

of time. Perhaps the prospect

isn’t ready to buy or is in the early

education process. Regardless,

if this happens only a few times,

your sales force won’t prioritize

the leads you send them. But these

“bad leads” often are anything but

bad. According to SiriusDecisions,

80 percent of prospects deemed

“bad leads” by sales teams go on

to buy within 24months, perhaps

fromyour competitors.

Goodbye ROI.

A High Percentage

Of Leads Aren’t Ready

To Buy Today

The reality is that over 70

percent of the leads you receive

aren’t sales ready. Of the leads

that are qualified, 50 percent

aren’t ready to buy now. That’s

why you need lead nurturing.

What Exactly

Is Lead Nurturing?

Lead nurturing is the process

of developing relationships with

buyers at every stage of the sales

funnel and through every step

of the buyer’s journey. It focuses

marketing and communication

efforts on listening to the needs

of prospects and providing them

information and answers.

Nurturing is essentially a

journey for your buyers where

your company plays the tour

guide. You’ll learn more about

what buyers like based on

their activity and behavior.

You’ll provide relevant, timely

information based on those

preferences. Ultimately, you’ll

learn to recognize when buyers

are approaching a purchasing

decision and begin a conversation

with your sales team.

A Nurturing Program

Pays For Itself

Effective nurturing programs

generate increased revenue—a

significant amount of revenue.

• Fifteen to 20 percent of the not-

ready-to-purchase leads convert

into sales after lead nurturing.

• Nurtured leads make

47-percent larger purchases.

• Nurturing programs are

characterized by timely

follow‑up, and time does

matter. Thirty-five to 50

percent of sales go to the

vendor that responds first.

Automated lead nurturing

programs can further improve

performance. Gartner [an

information technology

research company] reports that

automated lead management

programs result in a 10-percent

or greater increase in revenue in

just six to nine months.

Effective Nurturing

Targets Unique

Buying Stages

Whether online or in person,

buyers interact with you at

different stages of the buying

process. Each phase requires

unique communications to

assist the prospect through that

stage and onto the next one.The

communications parallel the steps

a sales rep takes with a prospect.

Depending upon the prospect’s

industry knowledge, product

knowledge and needs, that

conversation is vastly different.

But today a sales rep may not

Companies That Excel At Lead Nurturing Generate…

50

%

MORE SALES-

READY LEADS

AT

33

%

LOWER COST

The reality

is that over

70 percent of

the leads you

receive aren’t

sales ready. Of

the leads that

are qualified,

50 percent

aren’t ready

to buy now.

That’s why

you need

lead nurturing.