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Showing posts from September, 2019

What are the different types of B2B Leads?

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What does B2B Lead Mean? A lead is nothing but a potential client. A B2B lead means a potential business lead. Here, your potential client would be a company, not an individual. B2B leads are generated using different lead generation strategies like email generation, content syndication, appointment setting, content marketing, etc. What is B2B Lead Generation? B2B lead generation process accommodates one of the initial steps in any typical marketing or sales funnel. Gathering all the required data about the potential customers - Name, email, job profile, etc. which could be used in future by the sales team. However, it does not happen so quickly and smoothly. Before qualifying for B2B Sales Leads or sales-ready leads, the gathered information goes through multiple filters. The data is sorted based on its status and eligibility into different types of leads.  Two core types of leads are: Marketing Qualified Lead Sales Qualified Lead Marketing Qualified Le

How List Building Services Can Benefit Your Business

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In an increasingly customer-focused world, it is crucial to capture customer information and use it to model products, solutions, and the overall shopping experience. Customer data should be considered strategic Most large companies have dozens, if not hundreds, of informal contacts, the so-called peer groups, communities, or unspecified boards. These contacts are organized, updated, and expanded through various communication modes according to digital enhancements. More the data expands and deepens, more it provides valuable insights of potential customers. By integrating B2B   List building , rich customer profiles and response rates can be achieved; simultaneously, businesses can precisely analyze of what types of campaign, on which channels and formats have the most impact on key segments and microsegments. Devoid of the organization size, businesses can design and manage new formal structures that increase the value of networks and venture in the targeted audience. Sma

Make your Event Marketing more effective

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Event marketing is a type of promotional marketing which involves creating a space where contact between companies and their customers is possible. This is done through events like medical conferences, financial summits etc. The core benefit of this type of marketing is a chance to approach potential consumers while they're in a willing and attentive position. The event marketing effort is said to be effective when it draws in the intended interest groups. By finding a chance to incorporate with the correct demographic, a brand can build enduring connections. The best, B2B event marketing practices would build interactions that will not just help the brand but create a long-lasting buzz post-event. So how does one make event marketing more effective? First things first. Identify the profile of potential attendees. Based on this, build a database of the contact details of all these potential attendees. This step is time consuming but very crucial. You can use the services of

The Need to Use Sales & Marketing qualified leads

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Smart companies either have an independent department or they hire lead generation team to acquire more business leads and close as many of them as possible. Business development department receives two kinds of leads:  Sales Qualified Leads  &  Marketing Qualified Leads . Sometimes these leads are always called as Marketing Ready Leads & Sales ready leads. The significance of leads in every expanding business is inevitable and undoubtedly. However, before going ahead and talking about the need or importance of using these leads, let us know what these leads mean: A Marketing Qualified Lead (MQL) is a type of lead who has an interest in the company's offerings and does not mind voluntarily sharing contact information. A sales-qualified lead (SQL), on the other hand, is a prospective customer who has been researched and vetted and is considered ready for the sales process. What makes MQL & SQL so significant? MQLs and SQLs hold an enormous amount of value as

B2B List Building : What are the Challenges & Solutions?

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For any marketing campaign, B2B List Building is the most important task. The success of the campaign completely depends on the quality of your list and not just quantity. An effective marketing list is the key to reaching your exact target customers. That’s the primary reason why list building is so important for your organization. It not only affects the revenue but it also affects the reach of your product and service. B2B List building can help build trust and confidence in your prospects to act on integrated marketing messages. A great email list takes the time to create and grow. Once it is grown, it needs to be nurtured & administered regularly. Data becomes outdated very easily. Thus, it has to be refreshed in regular intervals of time. In this process of list building , you come across various challenges. Let’s have a look at some of the challenges and how these challenges can be overcome:- Resistance towards filling the form on website It is often seen that p

B2B Appointment setting services – Why it is Needed?

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Companies and start-ups have so much to take care of that they always feel the pressure of meeting project deadlines and serving their customers with the best. As a way of finding solutions, smart companies/industries prefer to hire  B2B appointment setting services . They outsource crucial tasks to the reliable and experienced companies to be able to focus on core operations. Know what does B2B lead generation mean? It is about understanding the market and the target audience.  B2B lead generation  helps in finding out the interests of the target audience, propose the solutions to their requirements, and convert these people into customers through a successful conversion strategy. Here are a few reasons for which companies should consider hiring or outsourcing B2B sales appointment setting services. Reduces cost for sale Having an in-house team and burdening them with all the sale pressure and deadlines would not only bring them in trouble but also put the company in jeo

Appointment Setting: Its Challenges & Solutions

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Appointment setting is one most important and challenging steps in the sales cycle. An appointment setter’s role is not just limited to cold calling but it is way more complicated than that. Let us dig deeper and understand what are the major challenges involved in appointment setting and what are the possible solutions to deal with these challenges. Finding the Right Contact An appointment setter is given a list to make calls. However, the list may not always have correct data. Data becomes stale relatively sooner these days considering people tend to change jobs more frequently now. Solution: High Quality Lists & Regular Data Cleansing Building a list of right contacts is a crucial step that precedes appointment setting calls. The more accurate is the list, the lesser time will be required by the appointment setting team to reach the right contact. Once the list is built, reviewing the data for calling in regular intervals of time is essential. Data needs to cleanse

3 Tips to Make Your Next GDPR Compliant Campaign More Effective

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The General Data Protection Regulation (EU) 2016/679(GDPR) is a regulation in EU law on data protection and privacy for all individuals citizens of the European Union(EU) and the European Economic Area(EEA). The GDPR aims primarily to give control to individuals over their personal data and to simplify the regulatory environment for international business. How does GDPR impact B2B email marketing? After the introduction of GDPR, Companies can no more bombard the inboxes of prospects anymore. One needs permission to even a send an e-mail to a potential customer. This has gravely impacted the landscape of e-mail marketing. But the good news is there are solutions to tackle this mammoth challenge. Let’s have a look at few of the solutions: - Increase your pool of prospect – Earlier, marketers used to run opt-in email campaigns to all the contacts in their database that resided in the EU. Generally, the success rate of opt-in campaigns used to be 10 to 50%, which meant the pool o

Tips to Make Your Sales Process More Effective

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Sales is the pillar of any organization because it is the one which brings revenue. But in today’s competitive world, sales process is becoming tougher with each passing day. Then, how can one make the sales process more effective? Here are some tips to solve this problem. Make Your Sales Strategy More Targeted Define your sales strategy. Before you even start the process of sales, what’s most important is to define your sales strategy and make it more targeted. Decide your target segments. These segments could be based on geography, type of company, its size and most important of all if they need your product or service. Later on, based on analysis, changes can be made but this gives direction to entire sales process. Your Lead Generation Strategy: A Blend of Inbound & Outbound Next step is to decide upon which methods of lead generation you would like to use for your business. How would you like to approach your potential customers? In today’s era, the best strategy w

Role Of Telemarketing In B2B Lead Generation

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In this interesting age of digitization, technology is transforming a lot of things in the business world. Technology itself is also constantly transforming, and this has resulted in new marketing techniques and methodologies, such as content marketing, social media marketing etc. Despite that fact, one of the most valuable marketing techniques for  b2b lead generation  is still Telemarketing since. Telemarketing and its Evolution It was in 1970s when telemarketing emerged as a technique of marketing. Ever since then, it has seen immense changes. Telemarketing saw it’s haydays in 1990s. In those days, voice mails were not so common and buyers had more receptivity for listening to tele-callers, The ‘Call to Connect’ ratio was as high as 20%. But in the last decade, with the prevalence of digital platforms, telecalling has lost it’s relevance to a certain extent. Buyers are now skeptical towards sales calls. Also, the Call to Connect ratio has dropped down. But despite these fact

Increase Your ROI With Effective B2B Lead Generation - outbound lead generation

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B2B lead generation is one of the initial stages used in the sales funnel. It includes collecting data of every potential customer- name, email, company, and position in the hierarchy, etc. Companies spend piles of money on this process with the expectation of acquiring the best lead, and hence, they make sure they get the required result of the investment. This result is ROI, which is called Return on Investment! What the business is getting in return for the money and/or time it has invested in B2B lead generation is called ROI on lead generation! Undoubtedly, the business wants the highest possible ROI, and one of the ways of making this happen is through outbound lead generation! Here are a few effective ways of acquiring Marketing Ready Leads in B2B and increase ROI: Contact discovery: Efficient Contact Discovery helps collect quick and concise data through multiple platforms. Accurate and quality contact discovery would provide a reliable base for the lead generatio

How high quality data ensures better lead generation?

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Marketing campaigns are always a cost and it is very curtail that they yield relevant results. It gets awfully frustrating when a marketing campaign fails Sometimes, the e-mails bounce back. Other times, e-mails do not reach the right person. Ineffectiveness of a marketing campaign is quite a common phenomenon. So, how do we increase the effectiveness of a marketing campaign? The solution lies in high quality data. A campaign can never be successful if it is carried out using bad quality data. When we try to measure our awareness metrics, we usually opt to rely on the number of followers we have on social media platforms or how many visits our websites have in a day. But the truth is that this information alone is not completely reliable. Why do we need high quality data? When it comes to meeting business objectives, wherein generating leads and in turn generating revenues are the goals, the  marketing data required has to be more precise and of higher quality. High quality d

B2B Demand Generation vs. B2B Lead Generation | KIA Biz

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Generating qualified leads is a huge challenge in B2B tech marketing. Leads are often the most important metric to your sales and executive teams and the anchor to an effective B2B marketing strategy. But how do you know if you should focus on demand generation or lead generation?  Do you have clarity on what is the difference between the two? You can’t generate leads if you’re not also generating demand and you lose a lot value if you do not convert the demand into leads. What’s the difference Between B2B Lead Generation and B2B Demand Generation? Demand generation includes all your efforts in generating interest for your product or service. On the other hand, lead generation describes your specific process for collecting information about contacts to pass along to sales. Demand gen may include raising awareness of your product features or how your services can add value to a prospect’s business It focuses on overall brand awareness and is designed to reach a wide audience tha

Make the Best of Your Upcoming Events With Data Append

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There are various reasons why a company chooses to participate in a B2B event. These are great platforms to network with potential customers. A small company may want the exposure that a live webinar can provide, while a large company may need the face-to-face interaction that a trade show offers. Before the event is held, event organizers will most probably provide you with past attendee list. This list gives an idea about what kind of people may visit your booth during the event. What are the challenges in using the attendee list? Some event organizers provide partial details of people who have confirmed their participation. But most of the times you will find: The attendee data is devoid of contact details: without email id, phone number and even physical address. So, carrying out marketing campaign becomes a challenge with only company names, job titles Data in unsuitable formats: Most likely, your team uses a CRM and the data you put into these systems have to be in a par