Thursday, January 29, 2009

Tips for Successful Online Lead Generation

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Lead generating is the first step in the marketing process. In this step, the marketing department comes up with a list of people who have the potential and the interest to buy the products that the company is offering. This can be done both automatically and manually. From the list, the company can come up with qualified leads, or those who are capable of buying products from them. They have prospects whom they can deal with.

No matter what your lead generating process may be, whether it’s automatic or manual, you still need to polish a few things before you can get an ongoing stream of leads coming into your company. Here are a few tips that you may find useful for your lead-generating efforts using the Internet:

Make Use of Your Existing Network

All of you have a network of friends and acquaintances. They can be close friends or simply people that you have met at work or at some function. These people qualify as leads already, as they also have their own network of friends and acquaintances. Out of this pool of people, you can be sure that there are one or two people who are interested in getting your products. You can also be sure that each person also holds a network of his own in which he could refer your products to any person who may be interested.

The word of mouth is a powerful tool. In fact, it is where viral marketing was developed from.

Leverage on Search Engines

Search engines are also effective tools to rely on while in an Internet lead-generation campaign. Search engines are the ones that can lead traffic to your website, since they are used by people to look for information that they are interested in. Provided that you do things right, search engines can work for you.

One way to leverage the power of search engines is to develop a good website. Employ effective search engine optimization tools like keyword density when coming up with the content for your website. You should also have your website designed professionally. There are two reasons for this. Keyword density makes it possible for search engine spiders to index you and assign a high place in the search engine result pages or SERP. Make sure not to abuse the keywords by repeating them excessively, as this may cause your website to be listed as spam thus putting all your efforts to waste.

No matter how keyword-dense your website is and how high it ranks in the SERP, people who visit your website will still be discouraged from learning further about your products if the website is designed in a cluttered manner. Make sure your contents are well-structured, and the overall design of the website should be pleasing. It doesn’t have to be flashy, just as long as it doesn’t make the user leave the website right away after entering.

Take Advantage of Social Networking Websites

Ever since Friendster, MySpace, Multiply, and other social networking websites made their introduction into the online world, social network has become an instant hit among Internet users. Thanks to these websites, it is now easy to reach out to people and hook up with those who share the same interests as you do. As a marketer, there is a free-for-all market from which you can find prospective clients and qualified leads as long as you pull the strings right.

You can take advantage of forums focusing on your niche market as well. Make sure to post quality replies and avoid spamming. The only promotion you should do in forums is to put your website link in your signature.


Visit our lead management software sponsor: www.leads360.com

Friday, January 16, 2009

Two Important Elements in Lead Management

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Well, if you have been reading my blog posts, then you definitely know that there are a lot of elements that are related with lead management. Today, however, we would focus on two. These are the ones that are not talked about often, yet their role is integral for creating a more efficient lead management program for your business.

Tracking the Leads

Tracking is considered to be the first and the most important part of lead management. When you already have your prospects, the next thing that you should do is to make sure that the sales agents can place a call. Tracking also means that leads are followed up just in case they say no on the first offer, or they express apprehension on the initial call.

There are a lot of rules that are related to tracking your leads. We’ll focus on the more important ones. Okay, first, make sure that the leads are tracked within 48 hours. Otherwise, you can already consider them stale. When you’re going to communicate with them using different touch points—e-mail and phone—after 2 days, there’s a huge chance that the prospects are no longer interested.

During tracking, you must also be able to generate feedback from prospects. You can use their comments and suggestions to better the tracking process of your business and increase your conversion rate more quickly.

Introducing the Programs

Yes, we are talking about applications here. Even the smallest business should learn to adapt technology. Otherwise, it will be very hard for the owner to keep up with the performance of his competitors. There are a lot of them that you can choose from, but not all of them would be ideal and thus be adapted by the enterprise. After all, there are several things that you need to consider. These include the price, nature of business, and people who are going to use them.

For lead management, you have the lead management software. We basically tackled that for the longest time. By now, you already understood their main role in the organization. This is also highly important when you are tracking leads. You need to be able to centralize the lead management process, so you can minimize errors like duplicate entries of leads and lack of updates in the database.

But you definitely need more than that. I would suggest the use of mobile phones or laptops that are capable of connecting to the Internet. This way, your sales agents can also work even when they are on the road.

For example, if they happen to be in a trade show in another state, they don’t need to be bringing a lot of paper work, such as registration forms. You know how papers can get lost along the way. Rather, they can immediately key in the names and contact information of their leads directly into the system. This may also mean that the lead management program that you are going to use is web-based.

You should also pair your lead management software with a CRM application. A lot of people seem to think of these as similar, but they are not. The former is mainly used for building prospects, while the latter is for maintaining your customers. Keep in mind that your business ties with your leads end when sales agents can close some deals with them. In fact, it’s only a start. You have better chances of selling new products and services to existing clients. Your CRM software can make sure that you don’t miss out that point.

As long as these two aspects are incorporated into the lead management system properly, there’s no way that a business will struggle in coming up with an effective process.


Visit our lead management software sponsor: www.leads360.com

Friday, January 2, 2009

Developing Your Own Lead Management

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There were a lot of discussions about the importance of lead management, but only a few really touched on how you can develop your own lead management. Though it will never be easy, as long as you have the right guidelines, it would not be long before you can have a dependable system in place.

Where should the responsibility lie?

The responsibility of developing a lead management process does not only rely on the manager. He should be able to encourage sales supervisors to help out too. They are the ones who are always dealing with customers and thus have already understood their behavior. Their sales agents are also the ones who will be managing the lead management software and databases.

What are the processes involved?

A lead management process should cover the following:

Creation of a Database. The very first thing that a lead manager should do is to come up with a database. It will basically hold all important information pertaining to your leads such as their contact numbers, addresses, and perhaps their interests. The list may be derived in different ways. If you have been marketing online, you can get your leads from your opt-in list. For those who go through the traditional methods, the potential clients may come from trade shows, walk-in inquiries, or telephone calls. Some companies may get their list from lead generation firms.

Lead Tracking. Once there are already available leads, a sales agent should then start tracking them. There are different aspects of lead tracking. It is done to invite a client for an appointment. A salesperson will have to talk to the client personally and demonstrate the benefits and features of the product. If the client expresses interests, he will be called again for confirmation. However, not all leads will say yes to an appointment for a variety of reasons. A sales agent may have to track them again just in case there is a new product that may match their interest.

Lead Routing. The leads should be assigned to the right sales agents. Now, to whom the leads should go to will depend on the criteria set up by the company. There are some who would assign them to the best sales agents. There are also others who would train sales agents to handle a specific product. They will then handle leads that would express interest over it. One of the most popular methods of lead assignment is round robin. This means that leads will go to sales agents who have already worked on with the others. It may take a while for companies to know the best strategy, but once you have it, you are assured that it does work.
Lead Scoring. Lead scoring refers to the process of determining the high-valued leads. As mentioned, not all leads will be interested to buy your products now. Others may look for better offers, while there are leads that should not have been part of the list in the first place. They may have been there because of misinterpretation of your opt-in list or advertising materials. Like lead routing, there are different ways on how to score your leads.

Lead Nurturing. It is easy for businesses to promote their new product lines to existing customers or leads. Thus, a lead manager should come up with strategies on how to nurture their leads and establish long-term relationships with them. One of the most popular strategies is drip marketing, including e-mail marketing. This means that businesses will be sending small marketing materials to those that belong to their opt-in list.

You may also want to include a lead management program that allows you to effectively implement the above-mentioned processes.

Visit our lead management software sponsor: www.leads360.com