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5 Essentials for Content Marketing Strategy Creation Using SWOT Analysis to Kickstart Your B2B SME

5 Essentials for Content Marketing Strategy Creation Using SWOT Analysis to Kickstart Your B2B SME

Creating a content marketing strategy is a crucial step for any B2B company. SMEs (small and medium enterprises) have a lot to gain from a successful content plan. Using this as a way to connect with your target audience helps kickstart a strong relationship with customers.

Small businesses benefit from repeat clients, and investing in a content marketing strategy can help improve your overall sales. Keep reading, or use the links below to “jump ahead” to learn more about the essentials of content marketing:

Creating a Consistent Content Marketing Strategy

Why B2B companies need content marketing

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A content marketing strategy is part of your overall marketing plan that focuses on attracting, engaging, and retaining customers through shared media. Depending on the type of product and solutions your company offers, this outreach may occur through social media, articles, and podcasts.

Social media marketing has skyrocketed in recent years, causing trending ideas to emerge. However, maintaining a consistent tone and voice across your marketing channels should remain a top priority. While hopping on trends can temporarily boost engagement, your company’s values should always be at the core of each post.

Your team should create and share content based on the interests of your target audience. Thanks to the convenience of online buying and virtual sales interactions, buyers today have increased control over their overall customer experience (CX). Your SME must take charge of branding by adhering to consistent messaging and tone.

To get started, you should begin by defining your target audience. Begin by evaluating your product, creating an ideal client profile, and using data to segment marketing lists.

Rather than just looking at demographics like gender and age, dive deeper by assessing lifestyles and other factors. This information will help your team understand what influences customers to complete a purchase. Using this data, your marketing department can focus on attracting and engaging similar prospects to fill the sales pipeline.

With the right target audience, your team can start creating and sharing content. Develop an active presence on the online platforms your target prospects already use to search for content. Meet your target audience where they are most likely to be!

Determine whether your company gets more engagement from social media, website traffic, or email marketing. From there, ensure your marketing has a consistent schedule when posting to the platforms with the highest traffic. 

Establishing a brand, voice, and tone for your company is crucial for cultivating brand loyalty. Consumers can easily follow and engage with multiple companies simultaneously, especially on social media. Consistent messaging and tone let customers know what to expect from your company. 

This approach helps establish your brand as a leader in the industry, and prospects can use your content as a knowledgeable resource. Rather than constantly posting ‘fluff’ content, your team can share relevant industry information and help guide customers to the solution offered by your product.

How to Connect and Create a Lasting Relationship With Customers

Long-standing customer relationships are the key to success for B2B companies. Developing a strong, easily identifiable brand voice helps build awareness while encouraging engagement with your content. Measuring audience interaction rates allows your team to tailor future content to the interests of your target prospects.

Your marketing content should help funnel customers toward the sales pipeline. By understanding your ideal client profile and your quality customer journey, you can target audience segments where they are in their sales experiences.

Audience segmentation based on interests helps your customers enjoy a more personalized experience. Providing value to prospects, regardless of where they are in the sales funnel, can earn your company a reputation as a key player in your industry.

Consistency in your brand helps content work across the different stages experienced by each prospect. For someone just beginning the research process, engagement through social media or your company’s website can provide valuable insight into the solutions you have to offer.

Prospects more advanced in the customer journey may benefit from email marketing campaigns that direct to downloadable content. Both of these, however, should work to explain the benefits of your product.

Brand awareness is an additional piece that must be part of developing a comprehensive content marketing strategy. Educational resources that help establish your company as a knowledgeable player within the industry and introduction pieces targeted to new prospects are vital for success.

Building this awareness helps customers understand your company and see examples of how the solutions you provide can be beneficial to them. The keys to achieving this include having an optimized website, tracking engagement on links, and creating thoughtful content that encourages conversations with your team.

Customers who recognize your brand as a leader in the industry will likely make repeat purchases and view your company as an expert source for business knowledge and guidance.

What is a SWOT analysis?

A SWOT strategy that focuses on your company’s strengths, weaknesses, opportunities, and threats (SWOT). The goal is to gain a deeper understanding of the factors that should contribute to your overall business strategy. It helps companies see the big-picture of their mission and correctly identify new pathways for success.

Breaking down the components of SWOT analysis can help your team utilize this strategy in company planning.

Strengths. These are the services or products your company excels in providing and what makes your business stand out among its competitors. For example, if your company is in a niche industry, having an extensive network of industry contacts sets you apart from other businesses.

Weaknesses. These are factors that need improvement to ensure your business is performing to the best of its ability.

Opportunities. These are external factors that help boost your company within the industry. If something gives your team a competitive advantage, it can create opportunities for advancement in the marketplace.

Threats. Anything that may cause harm to your company is considered a threat. Your team’s ability to recognize factors outside your company’s control such as an increase in the cost of materials or the introduction of new competitors, can minimize the harm to your business.

Using SWOT Analysis to Improve Your Business

Successful use of a SWOT strategy, which creates a matrix analysis with the proper framework, relies on team collaboration. By freely sharing feedback and ideas, as well as using data to back up observations, this information will help your team see the most benefits.

This strategy can help the marketing department identify gaps in its yearly plan. With this data, your team will be able to pivot and change objectives to ensure the highest level of success. By using data analytics, the marketing team can set realistic KPIs (Key Performance Indicators) and track the performance of their content marketing campaigns.

Getting started with a SWOT analysis requires asking questions to understand each aspect of the strategy. Going further into this plan, a TOWS analysis, or matrix, helps map strategic choices.

TOWS analysis matrix

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This strategy combines the factors of a SWOT analysis to help form plans for the future. Integrating the 4 elements of SWOT can help audit your organization, as well as move forward with successful marketing campaigns.

Utilizing Data Analytics to Measure Success

When creating your yearly content marketing strategy, it’s important to set up KPIs that will help determine the success of your outreach. Rather than basing these indicators on hypothetical goals, your team can use data analytics to measure a campaign’s success.

Content marketing should be focused on attracting new prospects, engaging with warm leads, and funneling customers into the sales pipeline. By actively tracking these objectives, your team can gain an accurate understanding of its strengths and weaknesses. Data analytics also play a role in brainstorming and initiating change within the marketing plan.

By tracking engagement like link interactions and form submittals, your team can see what content resonates with potential clients. These benchmarks help your team create a winning strategy to stay competitive within the B2B market.

Since customers can choose which brands they want to interact with most, having updated data on audience interactions allows your team to compare itself to competitors. Tracking success is important to remain a key player within your industry.

Engagement with content and sales conversions are both factors that help your team understand what type of marketing works for your target audience. A quality customer journey begins with marketing outreach, and this communication should continue until a sale is finalized.

Kickstarting your B2B SME may seem like a challenge, but taking it one step at a time and implementing a content marketing strategy can help you get ahead of the competition. Measuring how your team successfully connects with your target audience will play a huge role in increasing your company’s overall ROI.

Learn how LeadBoxer’s cutting-edge Lead Generation platform can facilitate the growth of your SME through online Lead Identification, Qualification, Lead Management, and the native integrations compatible with your existing tech stack that you need to build a solid content marketing strategy.

Get started with your free Leadboxer account or schedule a demo today!

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Successful Sales Outreach Using AI & ChatGPT

Successful Sales Outreach Using AI & ChatGPT

Chances are you’ve heard of ChatGPT. This artificial technology is widely used by students to write term papers. It is also a powerful AI (artificial intelligence) tool for sales lead generation.

To learn more about how ChatGPT can be a game changer for your business, keep reading or “jump ahead” to the following topics:

What Is ChatGPT?

ChatGPT has become a buzzword, but what is it? It is a computer program that understands text data through a learning algorithm called the Transformer architecture.

The artificial intelligence program is based on the GPT-3.5 Transformer and is developed by Open AI. ChatGPT has learned word usage and sentence construction, resulting in text that reads naturally.  It performs various tasks including answering questions, making recommendations, and composing engaging conversations.

You can have a free ChatGPT account. However, the free version only grants access to users based on usage. With a $20 per month subscription, users have access during peak usage times and can use the program’s newest features.

ChatGPT generates a response to your prompt immediately. You can also ask more questions that will build upon previous questions. You can also create a new prompt.

What ChatGPT Can Do

ChatGPT gathers information from books, newspapers, social media, and the Internet. Its vast knowledge allows it to produce text that reads as if someone wrote it. It is concise, clear, and engaging.

The most popular use of ChatGPT is for research. Users ask ChatGPT for information on a specific topic and it provides its findings in a polished way.

Users also use ChatGPT to refine or improve what they have already written. ChatGPT can provide recommendations or creative ideas. ChatGPT can also help you practice a new language. ChatGPT has also become a popular tool used by entrepreneurs.

chatgpt research topics

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What ChatGPT Can’t Do

ChatGPT should not be the final, authoritative source for facts and statistics. When asking such questions, research the information using highly reputable sources.

The quality of the text output of ChatGPT is dependent on the quality of the research prompts given. You can’t ask vague questions and expect to get specific answers. Speaking of prompts, we’ll discuss how to compose prompts that will produce optimum results.

Use Successful Prompts to Get the Responses You Need

To get the most out of ChatGPT AI for sales lead generation, it is important to have the correct prompts. If you provide bad prompts, the results will sound like information from search results. Your generated text will be a rehash of information already out there.

As a rule of thumb, compose prompts that save you time on research and include a call to action (CTA). Here are some ways to write good ChatGPT prompts:

  1. Be clear and specific –When you ask clear and specific questions or prompts, you will get more accurate responses.
  2. Use the correct language and terminology – ChatGTP is a computer program, not a human. It will not know industry jargon or the terminology of your target audience. 
  3. Be concise – Short and concise prompts and questions will exclude unnecessary information and improve the accuracy of the results.
  4. Include necessary parameters – Asking broad questions will not give you the results you’re looking for. Some parameters to consider include length, tone, and target audience.
  5. Have examples – With ChatGPT, you can provide examples of the types of text you want.
  6. Test and adjust – Practice makes perfect. The more you test and experiment with your prompts, the better they will get over time.

Some specific ChatGPT prompts that produce good responses use the following formats:

  • “I want you to act as ___ for ___.”
  • “Your task is to ___.”
  • “___ should ___.”
  • “___ should not ___.”
  • “To get started, please ___.”
  • “Assuming I am ___, what would be the best way to ___.”
  • “Your job is to ____, I want you to___.”
chatgpt response prompts

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Using ChatGPT in Marketing and Sales

ChatGPT is a text-producing technology offering many possibilities to better your automated marketing and sales outreach efforts. You can use this AI technology for business in the following ways:

  • Lead generation – You can generate personalized outbound and inbound sales lead generation templates with ChatGPT.
  • Lead qualification – ChatGPT can improve the likelihood of your leads becoming customers by asking specific, targeted questions.
  • Customer service or emails – With ChatGPT, you can free up time by efficiently composing phone and email answers to customer questions and concerns.
  • Product information – ChatGPT can produce information like product descriptions, user guides, and support text.
  • Content creation –ChatGPT can produce engaging, polished blogs, sales and marketing material, product descriptions, and cold email templates. 

3 Stages of Outbound Lead Generation

ChatGPT can be a powerful AI tool for sales lead generation. Besides the aforementioned uses, the technology can boost outbound and inbound lead generation. ChatGPT improves both lead-generation strategies by enhancing the tactics used in each of the stages of both funnels.

1. Awareness 

ChatGPT offers many options to draw attention to your product or services. Here are some ways the AI tool for sales generation can enhance your current awareness stage strategies:

2. Social Selling and Personal Branding

You leverage your network to build relationships to find the right prospects through social selling. Here, you’re building trust with prospects. Figuring out the right way to promote your content is key to social media engagement and selling.

ChatGPT creates unique personalized branded content and offers suggestions on the type of content to create and branding types. The technology produces content that makes your brand stand out and appear credible.

3. Database Management and Cleaning

It is crucial to have a current list of prospects in your database for effective outbound sales outreach. ChatGPT works with Google Sheets to help you prepare, update, and manage your database lists. It can also generate content based on various spreadsheet templates.

LinkedIn Outreach

1. Awareness

As a sales professional, you know how valuable LinkedIn is for generating connections with prospects. ChatGPT makes your LinkedIn outreach efficient and effective by doing the following:

  • Producing engaging and personalized messages to leads and prospects.
  • Increasing the chance for your leads to read your messages with personalized call-to-actions, hashtags, and mentions.
  • Pulling market research data on your target audience.

2. Interest

In the interest phase, you’ve gotten the attention of leads and prospects. Chatbots and virtual assistants are useful at this stage because of all the questions people ask. You can use ChatGPT to create automated chat conversations and content that addresses prospects’ needs and pain points.

3. Decision-making

Once the prospects have gathered enough information, they are ready to make a purchasing decision. ChatGPT can create persuasive content for leads with the following:

  • Sales proposals that address the specific needs and pain points of prospects
  • Engaging content based on case studies, webinars, or blog posts
  • Education for leads about your services and products

4. Action

Finally, the lead makes a purchase and converts into a paying customer. ChatGPT can help reassure them they made the right purchasing decision. The AI for sales lead generation can also help with the following: 

  • Produce persuasive scripts
  • Compose negotiation emails and messaging to close sales
  • Create custom templates for contracts and proposals

5. Retention

Once a customer makes a purchase, it’s important to nurture them to become a repeat customer. ChatGPT helps with retention by the following:

  • Writing personalized follow-up emails
  • Composing questionnaires, surveys, and newsletter emails
  • Asking for feedback and producing feedback forms

5 Stages of Inbound Sales Lead Generation

As with outbound sales, ChatGPT can be a game-changer for your inbound sales funnel. Here is how ChatGPT is used in each stage of your inbound sales funnel

1. Awareness

ChatGPT raises awareness of your company’s offerings to prospects. The AI for sales lead generation does this by:

  • Creating ad copy 
  • Generating content for LinkedIn
  • Composing engaging landing pages, headings, and call-to-action copy
  • Writing web forms and lead magnets
  • Creating other web content like quizzes, assessments, and eBooks

2. Interest

When you get the attention of inbound leads, they will be interested in learning more about what you offer. ChatGPT can ease the barrage of questions people may have. It does this by gathering information on your target audience, creating conversation topics, and setting up Chabot scripts.

3. Desire

ChatGPT can move prospects toward a purchase by creating various online texts. These include surveys, chatbot scripts, blog content, case studies, and service pages. This content will give enough thorough information for leads to choose to work with your company over the competition.

4. Action

ChatGPT can produce relevant, engaging product descriptions, blog posts, and landing pages. This helps convert prospects into customers when they are ready to buy.

5. Retention

Once leads become paying customers, you must keep them. ChatGPT can take your email campaigns to the next level, keeping customers engaged.

The technology also produces unlimited email text, subject lines, and call-to-actions. Speaking of cold email outreach, we’ll discuss how ChatGPT can help.

customer lifecycle marketing funnel

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Using ChatGPT for Effective Cold Emailing Outreach

ChatGPT is a powerful AI tool for composing cold emailing outreach. It can effectively do the following tasks:

  • Recommend personalized placeholders
  • Writes various subject lines
  • Generate personalized cold email templates
  • Writes follow-up templates

With ChatGPT, you can customize your cold email outreach prompt by telling it to avoid using the following parameters:

  • Congratulate the prospect on a job anniversary.
  • Say that you would love to meet them.
  • Use buzzwords or industry jargon.
  • Use a formal tone.
ChatGPT for Cold Emailing Outreach

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ChatGPT is an AI text tool that can be a game changer for outbound and inbound sales outreach. The technology can produce various high-quality content, making your sales and marketing team more efficient and effective at closing deals.

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How ChatGPT is Impacting B2B Marketing and Sales

How ChatGPT is Impacting B2B Marketing and Sales

Technology innovations are changing the way we work, including the sales and marketing landscape for many industries. The skyrocketing popularity of artificial intelligence (AI) applications like ChatGPT give companies yet another tool to surpass their competitors and use data-driven marketing to boost sales. The use of chatbots can help improve customer service and provide a better overall customer experience(CX).

In the B2B sector, it’s important to understand the impact ChatGPT can have on sales. Experts predict organizations striving to remain competitive will soon find the integration of AI into daily workflow crucial to success.

Continue reading, or use the following links to “jump ahead” and learn more about ChatGPT and its expected impact on Data Driven Marketing.

What is Data Driven Marketing?

By using data from customer engagement and third parties, companies are able to base their marketing practices on these insights. This information sheds valuable light on the motivations and behaviors of your customers, enabling you to have a better understanding of their preferences. Using data to backup your marketing plans can help your company save money.

According to Forbes, two trillion dollars in revenue is wasted when marketing and sales don’t gather and use insights before making vital decisions that should be strategically determined based on available lead data analytics. In this time of economic uncertainty and downturn, maximizing the marketing budget is crucial to seeing the highest return on investment (ROI) for your company.

Using AI like ChatGPT can keep humans from missing vital information that can serve to drive sales. This cutting-edge technology can do more than simply create quick content. It can put data at your fingertips that pushes your company to the top of its industry.

For those who may be intimidated and hesitant to jump headfirst into a data-driven model, AI can play a role in relieving some of that burden. It may seem daunting to base your marketing strategy on current data and customer trends due to the workload needed to find this information. Using AI is a way of assisting employees as they seek to balance their workload and avoid human error while collecting and putting this insightful data to work.

What is ChatGPT?

Artificial Intelligence has been a driving force for innovation across industries. For those in tech, AI has been the subject of many conversations as well as a factor in new product releases and even the basis for some companies. Other industries are beginning to see the potential in adopting AI into their workflows.

ChatGPT is a language processing tool that uses AI to allow for conversations with its users. This chat bot reads and understands text to allow users to experience the technological innovation of this new information delivery method. For those who are new to AI, it’s important to understand why ChatGPT is such a game changer.

Rather than sorting through a multitude of links from a Google search or compiling data from different sources, ChatGPT makes it easy to locate information for quick use. The chatbot feature allows for a conversational approach, which makes it  easily accessible and non intimidating for new users to try. You don’t need to be a tech expert to recognize the immediate benefits of using ChatGPT.

Designed by OpenAI, this platform launched at the end of November 2022. It has been the subject of many conversations across various industries. According to an analysis by UBS, ChatGPT managed to gain 100 million users after its first two months

With this type of traction, it’s become an incredibly fast-growing app, and taking advantage of its features is important for many B2B companies. By using it with your current techstack, including Leadboxer, ChatGPT can seamlessly integrate into your team’s workflow to assist with marketing and sales efforts.

Why ChatGPT is a Game Changer for Sales

15 uses of AI in marketing

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Getting started is as easy as typing your first question into the chatbox. Your team is able to access its features through the free version, or an upgrade is available for  $20/month with the addition of a few extra perks. This type of technology can integrate with your current techstack to help streamline your sales process.

Lead generation and qualification is important for creating a strong sales pipeline. Making sure your sales team is working off quality leads helps save time and boosts overall sales. Using AI to automate your process can lessen the time between a lead’s interaction with content and when a salesperson reaches out.

Using a chatbot can help qualify a lead without expending valuable manpower, as AI can engage with leads to gather information and score leads based on defined criteria. Adding high-quality leads to your pipeline empowers your sales team to quickly identify and reach out to customers who will benefit most from your B2B solution.

Reaching your target audience is vital to ensuring your marketing team is earning the highest ROI possible. Creating relevant content helps showcase your company as a viable solution to your prospects’ problems.

It’s also a great way to establish your business as an industry expert. ChatGPT can help your team create content that shares important information in a timely manner.

ChatGPT is an incredible language generation tool. Its capabilities can help your marketing team develop blog posts, whitepapers, and social media content to distribute to target audiences. This tool doesn’t replace a marketing department, but it does help allocate resources to other tasks.

This type of tool can also help your team easily segment audiences to make sure content gets to prospective clients at the right time. By using ChatGPT, your marketing team can create pieces for all stages of the sales cycle. Automating workflows can ensure this personalized information lands in the inboxes of each segment to help walk them through the sales pipeline.

AI can play a major role in forecasting market trends and analyzing patterns within your industry. This data is gathered by ChatGPT through historical sales data, previous customer behavior, and market trends. This allows your team to take a data-driven marketing approach to optimize sales strategies, plan future product roll outs, and push marketing campaigns.

By adding ChatGPT into your team’s tech stack, your company can stay ahead of competitors by using data-driven marketing tactics. Allowing accurate customer information to guide strategic decisions helps increase ROI and boost sales.

Using ChatGPT to Improve the Customer Journey

Leading customers successfully to closing a deal is the goal of any salesperson. The customer journey starts as soon as a lead is identified, and the experience throughout the sales pipeline plays a large role in landing a sale.

While you can’t personalize your outreach for each individual customer, content should be segmented based on audience groups in similar stages of the customer journey. This helps funnel customers through the sales pipeline by providing relevant product information on a timeline that meets their needs.

By utilizing AI, your team can save time and resources throughout the sales journey and improve the overall customer journey.

nps process

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Understanding how to measure customer satisfaction is the first step toward improving your sales cycle and the overall CX. Setting metrics and using a scale like a Net Promoter Score (NPS) is a great way to keep your team on track. This type of data is important for understanding how your clients feel about their experience with your company and its services/products.

ChatGPT can also help your team streamline efforts and boost the overall experience for your customers. Time is one of the most crucial parts of a successful client interaction. Automation is a powerful way to make sure communication is quick and efficient.

By allowing a ChatGPT chatbot to be used on your website, prospects can immediately meet and engage with your brand. This technology can initiate conversations, gather initial information your team will need, and provide quick assistance for their questions. Personalized interactions like these can help leads learn more about your solutions and provide a positive first impression.

ChatGPT uses the information discovered to assess the needs of potential customers. Engaging in immediate conversation allows the chatbot to ask targeted questions that dig into your prospect’s pain points and explore the challenges they’re looking to resolve. With this information, AI has the ability to help qualify leads to ensure your company can provide the right solution(s).

Throughout the journey, proper communication can assure customers that their needs are being suitably addressed and met. While having an actual salesperson to contact throughout the process is important, ChatGPT can help cover any real-time assistance around the clock. Using a chatbot can provide instant responses to customer questions, troubleshoot common issues, and guide prospects through the decision making process.

For companies where price is determined by the customer’s needs, ChatGPT can be used to help put together proposals, including product details, pricing, and terms of business. This streamlines the sales process, and can help your salespeople get this information over to the customer as soon as they’re ready to buy.

ChatGPT can also play a major role in fostering strong relationships and encouraging customer loyalty. By using AI for post-sales engagement, your clients can have access to onboarding and training materials. It is also great for gathering feedback from customers, which can inform company decisions about product roll outs and future implementations.

To get started integrating ChatGPT with Leadboxer, click here for a free trial!

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How to Create a Content Distribution Strategy to Boost Lead Generation

How Do You Develop an Effective Content Distribution Strategy

Your company, like every business, wants to draw in website traffic and generate sales. With everyone online, your first step is to create a website. You could try and wow potential customers with a fancy website and hope that word gets around about it. However, a snazzy, optimized website is not a recipe for effective digital marketing and lead generation. You’ll have to do more. You need a comprehensive content distribution strategy. A content-focused marketing strategy is essential for many reasons. The most important reason to invest in content distribution is that content fosters relationships between your customers and your brand. When it comes to people buying your products or services, relationships mean everything. People who have a relationship with a brand are more likely to do business with that company. Content distribution and content promotion are key to building vital customer relationships. Lead generation content begins with a solid content distribution strategy. Keep reading, or use the links below to learn how to create a content strategy in your company:

Content Distribution

To produce piece of content your customers will love, you must know what content distribution is and how to do it well. Content distribution is when you share, create, and promote content across various media channels to an online audience. Content comes in many forms that include:
    • Ebooks
    • Podcasts
    • Videos
    • Infographics
    • Case studies
    • Webinars
    • Blogs and articles
    • Social media posts
Types of content

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There are three types of content you can share with your online customers. These are: owned, earned, and paid. For effective content promotion, you need to distribute your content in a way that uses all three types.

Owned

Owned content is the content you already produced. With this type of content, you can control how and when it is published and distributed. Examples of owned content include website content, blogs, social media pages, and e-newsletters.

Earned

With earned content, third parties share or promote your content. These third parties include bloggers, customers, influencers, and journalists. This sharing and promoting of content is free to your business. Earned content are product reviews, social shares and mentions, guests posts, forums, and public relations shared by third parties. Though the sharing of the content is free, the third party owns it, not your business.

Paid

With paid content, you pay to have your content distributed. The most common paid content distribution forms include pay-per-click ads, sponsored content, paid influencer content, and paid social ads. Each type of paid content has varying price points, format, and audience.

Pay-Per-Click (PPC) Ads

With pay-per-click (PPC) ads, you pay a third party when people click or have an impression on your ad.  These ads are commonly seen on search engine results pages (SERPs). They can also appear on social media platforms where they have “ad” identifiers next to the page listing. PPC is a search engine marketing tactic that, when paired with your SEO strategy, can produce quality leads. Google Ads is a popular pay-per-click ad platform used by businesses.

Sponsored Content

Sponsored content is paid for by an advertiser that is shared by a publisher, person, influencer, or brand. The most effective sponsored content includes a company or person that targets your ideal audience. Sponsored content can include videos, images, podcasts, and social media.

Paid Influencer Content

With paid influencer content, you pay a top content creator to write, refine, and promote the content for you. This influencer should be a well-known person in your industry. Influencer content benefits your business by boosting your brand awareness, conversions, and website traffic. Paid influencer marketing uses word-of-mouth and social proof. Both of these are crucial in establishing brand trust with customers. This type of content has been so successful that companies spend around $15 billion on influencer marketing.

Paid Social Ads

Paid social ads include influencer content, PPC, and sponsored content. These paid ads share your content on social media platforms like Instagram, Facebook, and LinkedIn. Your content targets a specific audience most likely to interact with it. To maximize your content’s impact on social media, you need a strategy.  A strong paid social strategy will include native social media tools to create, schedule, and share the ads. To have an effective content marketing strategy, you need to incorporate owned, earned, and paid content. SEO, PPC, and paid promotion are ways to blend the three content types. The most powerful content is the middle ground where the three types overlap.
Content Distribution Trifecta

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The Power of Content Marketing

Content production and distribution takes time, effort, and resources. It also tends to be overlooked. While content marketing may have taken a back seat in your strategy, there are many reasons to prioritize it. You can undergo a thorough search engine optimization (SEO) strategy to make your website and your brand more visible. What you’ll find is that you can’t optimize your website without quality existing content. Additionally, posting content because you have it will not do you any good. High-quality content production and distribution are important in your lead generation strategy. Content marketing is important because it centers around relationship-building. It is a chance for you to both share information and bond with your online customers. Chances are that, your customers are already being bombarded with different content pieces. With all the websites out there, they will only do business with those whose content is valuable. This is because people want quick, relevant answers to their problems and questions. Hence it becomes essential to refine your content distribution strategy. If you’re still skeptical of content marketing, here are some key statistics to consider:
    • 91% of business-to-business marketers use content marketing
    • 80% of customers learn about a company through custom content
    • Content marketing costs 60% less than traditional marketing and generates 3 times as many leads
    • 87% of business-to-business marketers use social media to distribute content and encourage sharing
    • 78% of customers feel there is a relationship with a brand through custom content
    • Content creates brand awareness, cultivates loyal customers, and incentivizes readers to convert
Now you know the importance of content marketing, we’ll show you how to build an effective content distribution strategy in 6 steps.
Current state of content marketing

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6 Steps To Develop an Effective Content Distribution Strategy

Not all content distribution strategies are created equal. Throwing out poorly conceived digital marketing content everywhere you possibly can is not a good strategy. You can develop a successful content distribution strategy once know your audience and understand what they find interesting. Promoting your new content can be overwhelming and time-consuming. If you want your create an effective content promotion plan, here are some steps to get you started:

1. Clearly Identify Your Target Audience

As great as you think your content is, not everyone will be interested in reading it. Those who could care less about your great content will go to another website for content they deem to be more relevant. When people bounce from your website, your search rankings and reputation can take a hit. For successful lead-generating content, you need your content to be read by people interested in it. This requires you to research and identify precisely who your target audience is. People who see value in your content are more likely to continue consuming the information you make available. Ultimately, these are the leads that are most likely to convert into successful sales. This is your target audience. To create content your target audience will value, in addition to properly identifying who your ideal audience is, you must understand  their typical consumer journey. Look at their demographics, pain points, objections to buying, and what they are interested in reading. Research your customers’, website visitors’, email subscribers’, and social media followers’ income, age, gender, education, location, and other relevant demographics. You can find this information using Google Analytics and social media analytics tools. Try to narrow down the reach of your content, but don’t over-filter your audience so that it is too narrow. After looking at the demographics, collect customer feedback. Ask readers how they feel about the content and how it’s distributed. Ask them what their pain points are and whether the content you provide adequately addresses these issues. Use the feedback and demographics to create buyer personas. These buyer personas represent the preferences, motivations, and pain points of your ideal customers. Write different versions of content geared toward each of your personas.

2. Choose Your Content Types

There are different types of content. Each type of content caters to a different audience.  To develop a good content distribution strategy you need to understand that every channel requires a specific content type. The kind of content you choose to create will largely depend on where it is distributed. For instance, content developed for a blog is very different in style and length compared to what would be appropriate to share in a social media post. A company blog is a highly recommended place to start creating online content. Blog posts are easy to share and repurpose.  Additionally, nearly half your customers will read your blog before making a purchasing decision. Depending on your objective, tailor your blog content to match the type of action you want the reader to take. If you want to generate leads, for example, offer lead generation and traffic generation content. In contrast, social media content is much more casual and concise. With social media, it is important to research your audience using each platform’s analytics tools. This knowledge will assist you in delivering multiple pieces of content that will not only catch the readers’ attention, it will help you to make personal connections with them. Similarly, when you send emails, you have to carefully think about what to say and how to say it. Email marketing is one of the most effective forms of lead generation around, making it a form of content marketing you should engage in on a regular basis. Content can also be shared via videos and images. Infographics work well when promoted via social media. Video content needs to be engaging, interesting, clear, and brief.

3. Choose Your Distribution Channels

Your website is your first-stop distribution channel. On your site, you have greater freedom as to what you say and how you say it. Your website includes information on your pages and your blog posts. You must conduct audience research and choose your distribution channels before you write your content. These two pieces of data will inform the type of content you write and where and to whom it is distributed. Popular content distribution channels include blogs, social media, email, directories, guest posting sites, and forums. Sometimes traditional public relations may be an option. The content distribution channel you choose must be aligned with your target audience’s interests, demographics, and behaviors. It’s important to know your audience and where they regularly visit online. Young people, for instance, spend a lot of time on various social media sites. Even among social media sites, there are different audiences. Look to see where your target audience tends to go to gather information. Do they read industry blogs, watch YouTube videos, or scroll through Facebook? Knowing which distribution channels your audience frequents most is vital to planning a successful content marketing strategy. Your blog should be your first distribution channel as it is one of your company’s owned properties. Two others that you need to optimize are your social media pages and e-newsletter. With these three channels, you control the content and its distribution.  Also having a content calendar helps you ensure that content distribution is going according to your plan. Social media is a popular distribution channel. In fact, 87% of marketers use social media to share content. Of those, most use an average of five social media platforms. Content distribution via social media is a good option for many reasons:
    • Ease of distribution
    • The content is short and largely image-dominant
    • Ease of audience targeting
    • Provides a great opportunity to have casual, personal interactions with customers
    • A majority of your customers likely use at least one social media channel
    • Content is instantaneously shared with customers
    • It is free to share your content
People are more likely to do business with your company when they trust you. Finding the best combination of distribution channels to share your content will boost your brand authority. When customers see and consume your knowledgeable content, they are more likely to accept you as an authority in your field and will look to your organization as the best solution to their challenges. Guest posting on reputable, industry-specific websites and forums like Reddit or Quora are excellent ways to distribute content to new customers. Be sure that the information you provide is high-quality and free from self-promotion and spammy links. This content should not be focused on your company, products, or services, but should be geared toward educating readers.
Best times to post on social media - Facebook
Best times to post on social media - Facebook

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4. Develop a Content Distribution Plan

An effective content distribution strategy involves having a plan for how, where, and when to disperse information. Both the creation of lead-generating content and its distribution need careful thought. Once you settle on a writing and distribution process, you need to be consistent. Writing content and publishing it everywhere on the Internet will lead to unsuccessful content promotion. If search engines don’t rank your content highly and the appropriate marketing strategies aren’t applied, your target audience will never find your content. A good foundation for your content distribution strategy is having S.M.A.R.T goals. These goals are specific, measurable, attainable, relevant, and timely. Having such goals helps you see where your current strategy is at and what future success looks like. With your content distribution strategy goals in mind, develop a detailed content calendar. There are many tools out there for you to use such as Google Sheets, Excel, Asana, Trello, and Google Calendar. To start a consistent content distribution plan, assign certain people to develop and create different kinds of content. Then, establish an editorial calendar for publishing the content on a consistent basis. An editorial calendar focuses and aligns your team to work toward common goals. If you contract out your writing, a calendar can inform your editors and writers about what’s coming up. Some questions to ask as you start developing your editorial calendar include:
  • What audiences use which channels?
  • What opportunities exist on each channel that you can’t achieve on others?
  • What subjects are most likely to resonate with your target audience?
  • How often and when does each audience post on each channel?
  • What content types or formats should you use on each channel?
  • When should you post on each channel to get the most engagement?
  • What conversations work best on each channel?
  • Who will be in charge of managing each channel and posting on them on behalf of the company?
  • Where do you want to drive traffic to on each channel?
  • What metrics will you use to assess the success of your content distribution strategy?
No two content distribution strategies are the same. The best one for your company will be unique as there is no silver-bullet solution. How you produce and publish content will depend on how many resources you have, team size, industry, and brand. The concept of creating a comprehensive content promotion strategy can seem overwhelming at first.  Useful content distribution tools include Anchor, AnswerthePublic, Canva, and Vidyard.
Content Backlog in Asana
Content Backlog in Asana

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5. Develop Effective Lead Magnets

You’ve created lead-generating content, but if it doesn’t have a call to action (CTA), it won’t be effective. CTAs tell the reader what to do next after reading your content. With CTAs in your content promotion, be sure to somehow capture the reader’s contact information, especially phone number or email. To bring more readers to conversion from your content, you need to consistently get new leads to cultivate. Lead magnets are the best ways to capture the names and contact information of prospective leads. Through lead magnets you share the content for free with your audience for the exchange of their contact information. Lead magnet content needs to be interesting, valuable, and applicable to the reader. If you don’t know where to start, here are three lead magnet strategies to try:

White Papers

White paper content highlights industry news like trends, the current state of the industry, and what the future holds. Industry overview white papers are the most common. The other type of white paper is a product breakdown. Product breakdowns highlight company products. These white papers may go into detail about what a product does, who benefits, and the problems these items help solve. White papers let prospective leads know that your brand understands their pain points and questions. These types of content also show leads that your product solves their problems.

Webinars

Webinars are another effective lead magnet. You can use live and recorded webinars to get a lead’s contact information. With webinars, you can ask someone to leave their phone number or email address to access the webinar. Webinars can be one-off or regular events. Webinars are great ways to show your product or service. When you conduct live webinars, you allow the audience to interact with you.

Risk-Free Trial

Offering a limited-time risk-free trial has been a long-time favorite lead magnet for B2B and SaaS companies. With this type of lead magnet, customers enter their contact and payment information to access a product or service. Besides free access, some free trials give customers temporary access to an upgraded or premium version of products or services. For most sign-ups, the terms and conditions of the risk-free trial must be clearly stated. You should be up-front about subscription cancellation and when a customer will be charged after the trial period ends. Besides transparency, your risk-free sign-up form must be simple and quick to complete. Once you’ve created your lead magnet, publish it on your website, in blog posts, and on your social media channels. Lead magnets are also effective when used as part of your email marketing strategy.

6. Publish and Promote Content

Now that you’ve created your content, it’s time to publish it. Use your editorial calendar to push it out to your ideal audience at the best time and on appropriate channels. Regardless of what channel you use, follow the rules to optimize your content promotion on each channel. Using a combination of platforms for your content distribution is a great way to maximize its effectiveness. For example, you can publish an industry white paper and push it out via email, social media, and paid ads. Use these channels to get your content before readers or have them sign up to see it. Content creation is and will be key in generating leads. For effective lead-generating content that drives sales, you need carefully-crafted content. A strong content distribution strategy looks at the best content type and what channels you should use. Thorough familiarity with your target audience is the foundation of any successful content promotion strategy. Contact LeadBoxer today to learn how we can partner with you to generate more leads and drive more sales.

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Creating Generational Marketing Strategy

Generational Marketing: A Strategy That You Need To Know

Creating a marketing strategy that appeals to a diverse range of ages can be a difficult undertaking. Mass appeal to multiple generations requires a deep understanding of how each group tends to interact with marketing materials. Planning ahead and using appropriate resources are essential elements of any successful generational marketing campaign.

Reaching a broad range of target audience members during a marketing campaign is important for maximizing your return-on-investment (ROI). The goal of your generational marketing strategy should be to reach potential customers without alienating any key audience bases. 

For tips on creating a successful generational marketing strategy, keep reading, or use the links below to skip ahead:

What Is Generational Marketing and Why Does It Matter?

As you are probably well aware, marketing is not a one-size-fits-all approach when building the right customer base for your business. Even if your team is only selling one product, the pitch needs to be adjusted based on a variety of factors, including age. It’s important to understand ways you can incorporate content that appeals to mass audiences throughout your generational marketing strategy to avoid alienating key target groups.

Generational marketing is a strategy that uses segmentation to split audiences by age to better reach each target demographic. Currently, there are four generations of consumers your marketing team should be targeting: Baby Boomers, Gen X, Millennials, and Gen Z. 

It is important to understand that every generation interacts with marketing differently. By understanding which age demographics are in your target audience, your team will be able to produce appropriate content. 

For most businesses, it is beneficial to appeal to multiple generations. By analyzing the preferences of each generation you seek to engage and eventually convert, you can gain valuable insights, making it possible for your team to develop and apply a successful generational marketing strategy.

Annual Consumer Spending by Generation Feb 2019

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Baby Boomers

In 2024, the Baby Boomer generation makes up 20.58% of the U.S. population. This generation refers to those born between 1946-1964. Basically, they can be considered as the first generation audience and their substantial makeup of the population means they play a significant role in the economy.

Most importantly, Baby Boomers are a generation that has had to embrace major advancements in technology as it has developed at an accelerated rate in recent decades. In comparison, younger generations have had high levels of technology use incorporated into almost every aspect of their lives from a young age. Because of this disparity in experience in terms of technology, many Baby Boomers are used to traditional marketing tactics and tend to prefer in-person interactions. 

This isn’t to imply Baby Boomers are out of touch when it comes to technology. According to Pew Research, 71% of adults aged 50-64 use at least one social media site.

Baby Boomers are more likely to be converted through in-store marketing,  event marketing, banner ads, and other offline marketing channels. They are a great example for how a target market can be influenced by traditional marketing methods for maximum outreach.

Generation X

Sometimes referred to as the “Middle Child” generation, Gen X encompasses those born between 1965-1980. This group was the first to grow up with access to personal computers, and tend to be more tech-savvy than their predecessors.

This group makes up less of the population than Boomers and Millennials, coming in at 19.61% of the U.S. population in 2024. They might be the smallest generation in this list of different age groups but most Gen Xers make the purchase decision for themselves, hence they are a silent generation will better spending power than Millennials and Gen Z.

Gen Xers tend to be swayed by customer testimonials, and it’s helpful to provide a mix of effective marketing which includes mix of traditional marketing, SMS marketing, and other digital marketing strategies.

Millennials

Also known as Generation Y, Millennials surpassed the Baby Boomers in size in 2024. Currently, Millennials make up 21.67% of the U.S. population.  The largest generation by the percentage.

They born between 1981-1996 are classified as Millennials, which means they grew up during the rise of technology. Marketing to millennials can be tricky because they tend to have a large online presence and a good grasp of digital marketing tactics. 

There are more than 80 million millennials, most of whom are very active on social media and tend to consume information on their cell phones. This target customers can be attracted and engaged with common online marketing channels like content marketing, email marketing, and social media marketing.

Generation Z

A young generation on the rise, this group makes up those born between 1997-2012. They account for 20.88% of the U.S. population, but only a fraction of this group is old enough to enter the workforce. Most probably some of them don’t have a purchasing power.

Gen Zers grew up online, and have embraced social media on mobile devices from a young age. They tend to have a shorter attention span and the ability to consume different forms of media simultaneously. A  survey by the National Retail Foundation (NRF) shows 74% of Gen Zers consider ‘spending time online’ to be a hobby. 

As a unique group, Gen Z may not be fully entered into the workplace yet, but that hasn’t stopped them from having a substantial impact on the economy. The NRF found that consumer spending on Gen Z equated to $829.6 billion. 

Generation Z prefers quick messaging, influencer marketing, and dislikes marketing ads on social media platforms that disrupt their online experience. Basically they are unresponsive to traditional marketing they tend to lean toward tech-savvy sales tactics, but they place a larger emphasis on quality when it comes to products.

Establishing Your Target Audience

With such diversity spread across the generations, it is important for your marketing team to know which groups they need to target. Not all products will appeal to a mass audience, and that’s okay. By knowing your customer base, your company can allocate its resources towards marketing efforts aimed at reaching the right people. Hence generational segmentation in important.

Start by creating your ideal customer profile. The idea is to target clients who will most likely benefit from using your product. Odds are, your customer base will span across several generations, but it is possible it may not appeal to all of them.

Creating an ideal client profile takes time and resources. But the information gleaned is worth doing the necessary research so you understand who is most likely to benefit from and purchase your service or product. This information will prove vital in assisting your marketing team as it begins creating successful campaigns aimed at nurturing potential customer relationships. 

Once established, take a look at the generational demographics of your target audience. If your list contains members of Generation X or younger (and it most likely will), your team should start thinking about the best marketing approach is to incorporate social media into its campaigns.

Millennials and Generation Zers are known for their online presence, but they are also in tune with marketing tactics. When it comes to marketing these groups don’t want to be bombarded with ads during their content scrolls, but they do want quality information delivered in an easy-to-digest format. 

According to a consumer survey, 81% of consumers prefer receiving personalized communications from brands. This means your company needs to establish which customers are buying your products and then find ways to personalize effective marketing campaigns.

What is Attitudinal Segmentation?

Similar to generational marketing, attitudinal segmentation involves splitting your audience into groups. Rather than focusing on age, attitudinal segmentation groups customers together based on shared beliefs. This strategy dives deeper into the way customers think and feel.

This type of audience segmentation can help your marketing team personalize their outreach based on the feelings of specific customer groups. It is also most successful when combined with other tactics, such as generational marketing.

Using these strategies together can help maximize outreach and avoid alienating key audiences. When beginning the implementation of attitudinal segmentation, starting off with a few simple questions can kick start the process.

Try establishing motivations with questions like “Why do you…”, or focus on opinions with “What do you think of…”. These answers are a way to reach and segment your audience members into groups based on their purchasing behaviors. By understanding the way consumers feel, your marketing team will be able to develop content that speaks to the needs of your customers. 

The Importance of Brand Loyalty Across Generations

The Importance of Brand Loyalty for Consumers

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There is more to creating a successful marketing campaign than simply understanding generational marketing, preferences, and customer attitudes. Audience engagement helps lead a marketing campaign to the finish line by filling the sales pipeline with qualified leads ready to start the purchasing process. 84% of consumers will interact with advertising when they feel loyal to the brand. 

The sales cycle begins with marketing touchpoints that happen long before customers get the chance to speak with the sales or customer service departments. That means brands start building their reputation from the moment content is extended to an audience. Establishing and maintaining a credible brand is important for encouraging customer engagement.

According to Havas, over half (60%) of brand-related content fails to deliver and is considered clutter by consumers. Before taking any concrete steps to plan a marketing campaign, the team should understand that consumers value quality over quantity when it comes to brand communications. 

Generational and attitudinal marketing align when it comes to understanding what customers want to get from a brand. Not all consumers share the same attitudes, and many are loyal to the same brands for different reasons. Diving into the insights that generational and attitudinal preferences share with brands can help your team create a successful campaign that reaches the correct audience.

For example, Gen Z looks for brands who are able to provide for the greater good and offer value. As a group that has grown up connected to communities through the internet, 68% of Gen Zers say they expect to see brands positively contribute to society. On top of their overall belief in bettering society, Gen Zers look for tech-savvy brands. In fact, the majority of this group won’t engage with websites/apps that are slow to upload. A brand with omnichannel marketing is bound to attract this generation.

Gen X is known for being the most brand-loyal generation. Statistics show four out of 10 Gen Xers will stick with brands with which they have already established relationships. Continued outreach and implementation of customer feedback will be important to maintaining a good loyalty program with many in this age group.

Along with preserving a good standing among consumers, brand loyalty leads to repeat purchases by customers. Studies demonstrate purchases by repeat customers are vital to success, accounting for up to 65% of a company’s business. Brand loyalty helps establish long-term relationships with consumers and encourages multiple purchases from these buyers. 

In between buying cycles, marketing plays a large role in nurturing customer relationships through targeted content. This outreach helps your company and the services or products to stay top of mind for consumers. 

Creating a Generational Marketing Strategy Without Alienation

After taking a deeper look at the different generational motivations, the best place to start with campaign creation is understanding how incorrect use of this information may cause alienation. Generational marketing can help successfully reach out to consumers across different age groups, but overgeneralizations about the target generation can cause more harm than good. 

While understanding generational differences, especially with the preferred communication styles, is important for marketing, it is just as important to avoid stereotyping. A successful generational marketing strategy will combine with attitudinal segmentation to provide a positive personal experience for the target audience. 

To start a successful campaign, it is important to identify where age will play a role within your company’s outreach. Knowing how generational differences factor into your brand will help your team segment audiences appropriately.

Diversity Within Generations

One of the main problems with traditional generational marketing is failing to take into account how large these groups are. For example, with 80 million Millennials in the generation, it is safe to assume not all of these consumers share the same beliefs. All of the generations are made up of diverse groups who may act differently from their peers.

Consumer age can provide insights into their preferences, but these trends do not replace a personal connection with the customer. Simply assuming your client will act a certain way due to their generation can cause tension and potentially ruin the business relationship if those assumptions are proven false.

Implementing attitudinal segmentation alongside generational marketing can be a great way to find middle ground when creating campaigns. Using data that provides insight into customer opinions, purchasing history, and lifestyle, these tactics can help companies avoid getting caught in a stereotype trap. 

This allows your marketing team to focus on creating content for groups with similar interests, rather than just age. By delivering quality content that speaks to a consumer’s preferences, attitudinal segmentation can boost overall engagement and reach mass audiences.

Stick With Tried and True Marketing Tactics

Social media usage continues to grow across generations, but traditional marketing tactics still have a place in campaigns. Email communications continue to be the preferred marketing channel for most generations, except Gen Z. 

Continue to communicate with groups via email blasts, but focus on tailoring content to reach the targeted audience. Segment these groups based on preferences like the amount of communication the consumer wants or specific products they may buy. 

Quality customer service remains a high priority for consumers. According to Microsoft, 69% of U.S. consumers view customer service as an important factor when maintaining brand loyalty. Customers will continue to repeat purchases from companies they view as excellent in the customer service department. To ensure these efforts are reaching the right audiences, tailor your customer services to the needs of different generations. 

Millennials and Gen Z are known for their online presence, and online customer service options make addressing these issues easy. For those who may prefer a more traditional route, implement customer service over the phone and make sure consumers are able to interact with a real person. 

Marketing for Tech-Savvy Groups

A huge mistake that can be made during generational marketing is assuming some groups may not be active on social media. While Millennials and Gen Z tend to spend more time online than others, it would be incorrect to assume Gen X and Baby Boomers avoid the internet completely.

68% of Baby Boomers are active on Facebook, which means a majority of this generation sees Facebook advertisements daily. For those companies who want to utilize social media for all generations, sticking with traditional outlets like Facebook can help with effective outreach.

Two-thirds of the Millennial generation are active on Facebook daily. Reaching Gen Z, however, may be more successful with Snapchat or Instagram, since over 50% of this generation uses these apps daily.

Due to the Millennial’s and Gen Z’s tech-savvy lifestyle, digital marketing tactics are important for reaching consumers in these age groups. It is important to have a strong understanding of the way these groups interact with online communities to maximize outreach efforts.

According to Epsilon, 75% of these generations shop online with their smartphone. That means usability across devices is important for closing sales. Website compatibility and access on smartphones will help connect younger consumers with your products. The study also found that Millennials spend more money online than other generations. Having the ability to purchase items directly on a website is important for tapping into this generation’s spending potential.

While Millennials lead the way in e-commerce buying on sites like Amazon, Gen Z has adopted a different tactic when it comes to online purchasing. According to Forbes, 97% of Gen Z view social media as their main source of shopping inspiration. Being able to purchase items in apps, like Instagram, TikTok, and Pinterest, helps Gen Z have a more personalized shopping experience. 

While younger generations tend to lead the way in online shopping, multi-generational households are changing the way older generations make purchases. Baby Boomers with kids are 42% more likely to shop online. 

77% of consumers in Gen Z who still live with their families say they have an influence over household food and beverage decisions. These multigenerational interactions mean it is important to maintain digital marketing with mass appeal. 

Embracing Brand Authenticity

Generalizations about age groups are nothing new, but falling into these traps can be detrimental to your generational marketing strategy. Avoid getting stuck in the belief that all boomers hate technology or that millennials are entitled. These stereotypes often find their way into conversations, but they alienate audiences and can negatively impact your brand’s image.

Instead, focus on authentically presenting your brand in a way that can resonate across generations. Consumers are smart, and they will easily identify inauthentic attempts to ‘fit in’. For example, unless it is already part of your company’s persona, using cheesy social media lingo can be a turn-off to younger customers.

According to a study done in 2018, transparency is one of the most attractive qualities for 69% of consumers. Hiding behind generational stereotypes can cause customers to feel as though your brand is not presenting an authentic vision. Forbes points out that over one third of Gen Z follows brands that they like, which means consistent branding is important for this generation.

Not only does the youngest generation care about authenticity, but overall, brands with consistent presentation saw a 33% increase in revenue. Across generations, consumers are focused on the image a company presents and how its actions back this up. With customers holding the buying power, authentic brands will benefit and continue to rise to the top.

Key Takeaways

Generational marketing is not a one-size-fits-all strategy. Marketing teams should avoid jumping into a campaign that is based on age alone.   Instead, creating a diverse plan with attitudinal segmentation and patterns based on generational behavior will avoid the alienation of key target audiences.

Embracing technology works for all generations, but some may require more creativity to be persuaded into a purchase. Stick with traditional outlets to reach Baby Boomers and Gen X, but don’t be afraid to try out new platforms like TikTok in hopes of reaching Gen Z. Maintain authenticity and transparency across all social media and email, though. Consumers will appreciate consistent branding, and this can increase your company’s brand loyalty. 

Establish your target audience through a range of factors. Look into their lifestyles, communication preferences, and product interests. Segment your audience based on attitudes and opinions, as well as generation when applicable. Focus on creating brand loyalty and rewarding repeat customers. 

Overall, generational marketing can help companies better reach their targeted demographic, but it is crucial to approach this strategy with ample research. To avoid missing out on outreach to key audiences, combine generational and attitudinal marketing strategies for a successful campaign.

For a free trial on using customer insights from web traffic, check out LeadBoxer!

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Workflow Automation for Lead Generation & Sales Growth

Workflow Automation for Lead Generation & Sales Growth

Finding ways to lessen the burden of manual processes for your sales team helps increase productivity. In a fast-paced environment, the more time spent with customers instead of handling data entry, the better chances of landing a deal.

Increasing return on investment (ROI) and improving sales numbers are crucial for companies in the B2B industry. By implementing workflow automation into your business, lead generation will become smoother and your team should see a boost in sales growth.

Use the links below to “jump ahead”, or keep reading to learn all the best ways to use automation to help scale your business:

What Is Workflow Automation?

Simply put, workflow automation handles repetitive manual tasks, automates them, and saves your business precious time and resources. By shifting the work from an employee to software, automation can eliminate mistakes, speed up the flow of things, and help improve overall performance.

The goal of this strategy is to reduce the time employees spend handling tedious tasks. Freeing up this time for your sales staff should provide them with more opportunities to spend bringing in new customers and nurturing existing ones. The automated tasks should be parts of the workflow that require little intellectual input, such as data entry.

Another reason to implement automation is to reduce errors. Increasing efficiency is more than simply doing tasks quickly.

By eliminating human mistakes, automation can help your team run smoother with accurate information. This can be as simple as software capturing contacts rather than a salesperson typing out a profile.

Workflow automation is important for companies who want to remain competitive within their industries. This can help management audit processes due to the visibility created through automation. By seeing the workflow from top to bottom, teams can eliminate redundant tasks that clog up the pipeline.

Performance tracking can also benefit from automation. For those driven by key performance indicators (KPIs), like sales, automating a workflow to track productivity can help employees see where they work best and which areas need improvement. This data can help boost sales and push your sales team to a higher performance level.

This can also help improve the overall customer experience (CX). Eliminating errors and freeing up resources allows your customers to have a smoother experience with your product. Salespeople can also provide more availability for customers to help work through any product issues.

Automation can help increase communication across departments and break down silos. Sales and marketing work closely together, and automated workflows can eliminate overlap in tasks like lead generation. Accurate data entry and fewer mistakes can also improve the quality of leads as they enter your sales funnel.

Using workflow automation for lead generation is a great way to boost sales productivity. This technology can help gather contact details, track website engagement, and introduce sales representatives to new, qualified leads.

Using Workflow Automation for Lead Generation

Moving leads through the pipeline is crucial for ending the cycle with a purchase. It can be tedious tracking leads, generating contact information, and updating their stage in the sales cycle. Workflow automation for lead generation can help improve the process, cut down on redundant tasks, and increase overall lead quality.

This type of strategy does more than input leads into your CRM. Automation helps place leads into different sales stages when certain actions are completed. It can also move unresponsive leads from the sales pipeline, which helps your team focus on prospects most likely to convert.

how to set up business process automation

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Using automation can ensure leads are introduced to sales representatives at the right time in the buying process. For example, using trigger points in email campaigns or on the website can create a workflow. This would have sales representatives automatically assigned to leads once a call-to-action has been completed.

By having an automatic outreach plan, your team can be sure to connect with leads in a timely manner. In turn, the sales conversation will begin while the prospect is still in need of your company’s solution.

Workflow automation can help keep your CRM and data as up-to-date as possible. Tracking and updating information in real-time as leads work their way through the sales pipeline helps your team eliminate any duplication. This allows marketing and sales teams to know which leads are ready to convert, and which need to be nurtured through outreach.

Automation for lead generation can also help score and qualify leads to increase the overall quality of prospects. By tracking website and content engagement, as well as other factors, scoring leads can help your sales team determine which prospects are ready for outreach. Your team will better determine which customers can benefit from your product as a solution to their needs and will boost the overall CX.

How Sales Workflow Automation Can Increase Sales Productivity & Growth

Almost everyone has heard the saying “Work smarter, not harder.” In sales, this mantra is important to boosting overall growth.

Rather than getting bogged down in repetitive, daily tasks, sales teams should be focusing most of their time leading prospects through the pipeline. 50% of the time spent on sales is wasted by performing unproductive prospecting.

In an industry where time is invaluable, knowing that much of a sales representative’s day is wasted on mindless tasks is obviously cause for concern among business leaders. In addition, the “Harvard Business Review” reveals that incorrect, outdated, or bad data adds $3 trillion in costs to US businesses every year. Utilizing workflow automation for your sales department can cut down on inefficiency and improve data quality.

Part of the reason bad data costs companies is the manual labor required by employees to fix mistakes. By introducing an automated workflow for collecting information, your team can allow the software to take the burden of cleaning data. This ensures your salespeople are working with the most up-to-date client information and can help leads be reached at a quicker pace.

Rather than spending their time searching for contact data or trying to determine if a lead is a good fit, your sales team can rely on automation to sort this information.

An automated sales workflow can also increase productivity across your team. Salespeople will be able to complete their jobs with fewer resources, including less time spent on mundane tasks, which helps avoid bottlenecks within the process. Automation standardizes much of the sales cycle, which allows your team to funnel leads through the pipeline quickly and efficiently.

Teams experience better communication and increased collaboration. Software allows access to real-time updates in the automated process.

This allows sales and marketing to align their efforts and adjust as needed to provide prospects with the best experience possible. Automation also demands more accountability from your employees, so it’s easier to understand who is responsible for specific tasks.

Sales workflow automation can also help reduce costs within the department. Cutting down on manual tasks lowers the employee turnover rate while providing better customer service. This helps retain clients at a higher rate, which should lead to an increase in ROI.

Top 5 Workflow Automation Software Platforms

Choosing a quality workflow automation software will add an important piece to your tech stack. Using a platform that integrates with your current tools is a great way to reduce extra costs. For companies who want to get the most out of sales automation, check out the following workflow automation software options.

1. Zapier

Zapier Workflow Automation

This platform helps streamline your processes and works with specific apps to make sure information gets to the right place. Zapier stands out due to its number of app integrations, including Leadboxer for lead generation, qualifying, and scoring. This software can help your team create workflows that allow your apps to talk to each other.

Pricing starts at $19.99/month (per user).

2. ClickUp

ClickUp Workflow Automation

ClickUp is great for increasing productivity and managing a team. It also works nicely with external apps to help create an efficient workflow for your department. The automation is pretty simple. Your team only has to decide which action needs to occur once a trigger point has been reached.

Pricing varies based on your needs, but for $5/month per member, your team can have access to the unlimited plan.

3. KissFlow

kissflow workflow automation

For a simple option that may be a great fit for companies beginning their automation journey, check out KissFlow. This platform is use-friendly, which helps your team easily adapt automation into their daily routine.

Plans start at $200/month.

4. Integrify

Integrify workflow automation

Looking for software that’s great for team collaboration? Integrify may be a good fit. This platform streamlines your processes while allowing notes and sequential flows, which encourage teamwork.

Pricing varies, so speak with a sales rep to get a quote.

5. Flokzu

Flokzu process automation

A great platform for project management, Flokzu can help create tasks and send notifications to your team. Their reporting feature is great for tracking metrics and team performance.

A starter plan begins at $19.99/month.

Workflow Automation for Lead Generation & Sales Growth Read More »

Automated Marketing in B2B Lead Lifecycle Management

Automated Marketing Lead Lifecycle Management in a Business-to-Business Partner Ecosystem

Discovering and engaging with new leads is crucial for any B2B company. This is the first step in your marketing and sales process, yet some businesses struggle to keep leads from falling through the cracks. Creating an automated marketing lead lifecycle can help your team excel in lead management.

This cycle will help your marketing and sales department define the process for lead hand-offs and facilitate the creation of a symbiotic relationship between the two teams. The lead flow process will also help ensure qualified leads are getting to the right employees, and other leads are being nurtured until they’re ready to convert.

Taking advantage of an automated lifecycle can help lift the load that lead management puts on your team. Qualifying, nurturing and pushing leads through the pipeline takes time and resources, but utilizing your tech stack can lessen the burden.

Keep reading or use the links below to “jump ahead”:

What Is a Lead Lifecycle?

Simply put, the lead lifecycle is the journey your prospects take through the marketing and sales stages. This process helps manage the customer experience by defining what stages your leads need to pass through before the deal is closed. The lead lifecycle sets rules for your teams to follow so prospects are nurtured and passed through the stages at the correct time.

This seems like a simple concept, but it requires buy-in from all departments as well as proper execution. Done correctly, your lead lifecycle can ensure no prospects slip through the cracks, generating more sales.

The lead lifecycle creates a process to manage prospects from the start to finish of their customer journey. This plays a major role in improving the overall quality of leads that are being transitioned to the sales funnel. By implementing a standard lead scoring system, your marketing department can gain valuable insight into each lead’s level of interest.

This process helps determine the difference between a new prospect, a marketing-qualified lead and a sales-qualified lead. This allows your sales team to spend their efforts on customers who are ready to buy, while marketing is able to allocate resources to leads who may need more time. Sales activities can be used to produce revenue rather than spending time on cold outreach.

Once a prospect has been identified, marketing begins nurturing the relationship, which helps qualify the lead. After gauging the level of interest and readiness to buy, the lead is either handed off to sales or recycled back into the marketing funnel.

For leads that are not quite sales ready, your marketing department can begin fostering a stronger relationship through advertisements, email campaigns and in-depth product knowledge. The lead lifecycle also leaves room for valuable feedback to reach your departments. Marketing is able to see which campaigns work well and make adjustments when content isn’t producing the desired results.

Proper lead qualification also helps segment your prospects, which allows your team to engage with targeted audiences. This means your resources can be used on leads where they will gain the most value.

By having a defined lead lifecycle, your company makes sure no lead gets left behind while improving overall lead quality. It will help your company create a loop from sales to marketing, which helps your marketing department tighten up their efforts.

By qualifying leads, your sales team can provide insight and let your marketing department know which channels are producing the best customers. This allows your company to better allocate resources as well as strengthen any areas that are falling behind.

The Five Stages of Lead Lifecycle Management

Lead Life Cycle

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When implementing a lead management strategy into your company, the first step should be defining and understanding what a lead is for your team. While this seems like a basic concept, it is crucial to avoid vague descriptions or loose definitions.

This helps determine at which stage a prospect can be considered sales-qualified, as well as helps place all customers into the right stage of their lifecycle. There are five stages that can help your team create a standard process for the sales funnel.

Marketing Inquiry (MI)

Not quite a lead yet, a marketing inquiry is the first introduction for many prospects. This is when a contact may enter the lifecycle but needs to be nurtured before moving any further in the process.

For example, this type of prospect may come from a website form, webinar attendee, content download or email campaign. They will have most likely engaged with your company but not yet requested further follow-up from a sales representative.

As nurturing begins to take place, a lead score can be determined for the prospect. MIs are not ready to be passed off to sales, and should be handled directly by the marketing department.

Marketing Qualified Lead (MQL)

Further along in the process, an MQL has shown interest in buying and a need for your product. This is someone who is engaged with your content and shows the ability to convert to a sale. Most likely, an MQL will have asked for a follow up from the sales team, or reached out to discuss the problem their business is facing.

Most importantly, an MQL will have provided contact details including their full name, phone number, email, company name, location and specific product needs. This helps determine the transition from marketing to sales.

Sales Accepted Lead (SAL)

This is the stage where the sales team should do their own vetting to determine if the lead is truly ready for their efforts. This means reaching out, verifying that the contact information is correct, and asking what type of solutions the client is seeking.

This stage helps create a smooth relationship between your sales and marketing departments. For the leads that pass their qualifications, sales will be able to start their leg of the customer journey. However, for the ones disqualified or sent back to marketing for additional nurturing, this provides the sales team with an opportunity to give feedback.

By having a defined process that allows these conversations to take place, marketing will be able to streamline their efforts for MQLs and improve the overall quality of leads that are being handed off.

Sales Qualified Lead (SQL)

When it’s determined that a lead has the need for your product, a willingness to purchase and a timeline in mind, the sales team can label them an SQL. This moves the lead toward the finish line and helps your sales team get closer to completing the sale.

Closed

The last stage in the lifecycle is a completed sale. When the process works correctly, your sales team will have guided the client across the finish line, resulting in a successful conversion.

When a sale fails to go through, there are multiple ways to define a disqualified lead. If the prospect is a bad fit or indicates they will not buy your product, the lead should be disqualified and removed from the lifecycle. However, if the lead determines they just need more time before making a purchase, they can be recycled back to marketing to further strengthen the customer relationship.

Understanding the Difference Between Marketing Qualified Leads & Sales Qualified Leads

Because the lead lifecycle process is designed to help improve the overall quality of your leads, it’s crucial to understand the difference between marketing and sales qualifications. This will help align your departments and ensure all employees are working toward the same end goal—increasing sales conversion rates.

The marketing department is usually the first point of contact for all prospects. Whether the lead is generated through website traffic, downloaded content or social media engagement, their first impression is affected by the content they’re consuming.

Immediately after the initial contact is made, marketing funnels these prospects into the lifecycle to begin nurturing and qualifying the lead.

A Marketing Qualified Lead (MQL) is defined by their need and the contact information gathered. Most likely, these prospects have engaged with campaigns, expressed interest in your product to solve a specific business issue and provided valid contact information.

In comparison, a Sales Qualified Lead (SQL) has already been determined as a potential customer with buying capacity. This means your product is seen as a potential solution for their business, and they have begun their journey through the sales funnel. SQLs are further along in the buying process compared to MQLs.

SQLs will have a determined budget and some understanding of how your product fits into their business model. They will also have a timeline for their purchase, which helps your sales team determine the validity of the lead.

Having both teams understand the difference between MQLs and SQLs creates a smooth pipeline between departments. Your marketing resources will be allocated to those who need more time in their journey, while sales efforts can go directly to closing deals.

What Is a Marketing Service-Level Agreement?

To help close the gap and avoid silos between sales and marketing teams, a service level agreement (SLA) can be used to align goals and measure progress. Traditionally, an SLA  establishes deliverables between a business and its clients, but it can be used for internal operations as well.

There are three common types of SLAs:

  • Customer Service SLA
  • Internal Service SLA
  • Multi-Level SLA

A customer service SLA helps create an agreement of services between vendors and specific clients. For example, this could include the type of product, date of delivery, and point of contact for confirmation.

Internal service SLAs operate only within one company, typically between two departments. This is a great way to create processes, share goals and report on each team’s efforts.

Lastly, a multi-level SLA can work for multiple departments to ensure all teams are working toward the same end goal. Rather than working solely between sales and marketing, this SLA may loop in customer retention or quality control teams.

Utilizing an SLA can ensure your lead lifecycle process is working across the board. This specific SLA will help create guidelines that qualify the hand-off of leads from marketing to sales. It can determine the process for notifying and assigning new leads to the sales team.

The SLA can help lay out appropriate procedures for sales to follow up on MQLs. The agreement can be used to create a rejection process if sales determines leads are unqualified.

To get started, determine numerical values for marketing and sales goals. Sales will be set by their quotas, while marketing can base its numbers around metrics that measure how resources are being used to create revenue.

Assigning numbers and key performance indicators (KPIs) that both teams are expected to meet establishes a standard of accountability across both departments. Numerical values can also help marketing understand the mindset of quote-driven salespeople.

Next, create a system for tracking and reporting these initiatives. This will help both teams measure their successes and evaluate which areas could use improvement.

Lastly, create a system that holds teams accountable to their goals. This means determining a process for what will happen if a department fails to meet its expectations including a plan for making up lost revenue.

To ensure both departments are holding up their end of the deal, encourage open communication and list the best ways to contact each team.

Automated Sales Lead Management

Automating your lead lifecycle can help your company remain competitive in the B2B industry. Lifting the load of repetitive daily tasks and allowing automation to take over data cleansing frees up time and resources for your teams to flex their creativity. In our increasingly digital world, utilizing tech stacks and plugging into the B2B ecosystem gives your company an edge. 

The B2B ecosystem refers to a digital network that connects vendors, customers and developers across areas. Going one step further, the business-to-business partner ecosystem brings together similar businesses, typically ones that share ideal client profiles and territories. These partnerships help drive innovation and produce higher Return on Investment (ROI).

The Expanding channel ecosystem

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Building these partnerships and taking advantage of collaboration helps your company get ahead in the industry. Integration strategy is one way to utilize the ecosystem. Creating Application Programming Interfaces (APIs) allows companies to form partnerships and seamlessly integrate tech stacks.

APIs allow businesses to connect technologies and further automate time-consuming processes. This integration also promotes quicker communication and accurate data transfer between internal teams.

For example, automated lead management software can integrate with your Customer Relationship Management (CRM) so sales can see updated information on the status of lead engagement. This also allows marketing teams to see the sales process, enabling them to encourage follow up with MQLs as needed.

By utilizing this integration strategy, business processes can be improved and user ability can be extended. Throughout your company’s personal ecosystem, digital transformation can play a huge role in your company’s overall success. Embracing automation can help connect your departments and create lasting partnerships with other B2B companies.

Automated lead management platforms like Leadboxer do more than simply identify prospects and store contact information. Leadboxer helps capture data from website or content engagement, score leads and segment target audiences to maximize your marketing outreach.

Why Automation Is Key to Success 

Manually tracking sales leads through the lifecycle is a big undertaking for most marketing teams. Human error can account for promising leads slipping through the cracks.

Automation is a game-changer!

Sales conversions are the ultimate goal of lead generation. Allowing software to take over repetitive tasks so more time can be spent moving leads through the sales funnel is the most efficient way to increase your ROI and productivity.

An automated workflow helps align team goals and ensures processes are followed. With lead management software, prospects can be segmented for marketing to easily nurture. Leads can be automatically assigned for outreach, and engagement data can be pushed through to your CRM.

Most importantly, automated lead management can fine-tune the qualifying process. Leadboxer uses data gathered based on behavior and client profiles. The platform also includes a scoring algorithm to help your marketing and sales teams determine the validity of each prospect.

Rather than wasting effort with old contact information, automated workflows ensure your team is using the most up-to-date data available. Automatically gathering information and contact details shortens the time between lead introduction and sales follow-up. It also helps your marketing team nurture relationships and determine which leads need to receive additional promotional content.

This innovative software can also streamline the notification system between departments, which helps lessen the time that leads go without being responded to and nurtured. Delays can easily cost your business sales.

With notifications, sales can be ready to reach out to new leads as soon as they arrive in the CRM, and marketing can segment prospects into targeted audience outreach almost immediately.

Leadboxer’s B2B Sales Ecosystem

Innovation and collaboration are driving the B2B industry. Through the business-to-business ecosystem, companies are able to expand their abilities and become competitive leaders while working more efficiently.

Enterprise platform integration is a trending strategy that has the ability to reshape the B2B industry. Driving growth and encouraging partnerships is helping boost business development.

An integration platform enables customers to combine their tech stacks and data to optimize workflows. Global key players for this strategy include Microsoft, Informatica, Dell Boomi and others.

Leadboxer also integrates with many applications to form an important B2B sales ecosystem that helps companies boost the performance of their current tech stack.

Leadboxer integrations include:

  • Pipedrive
  • Salesforce
  • Google Analytics
  • WordPress
  • Slack
  • HubSpot CRM
  • Microsoft Outlook
  • LinkedIn
  • Gmail
  • Zapier
  • Drupal
  • SugarSell
  • Segment.com

As a lead management software, Leadboxer works to make marketing and sales easier for B2B companies. Through lead generation, qualifying, scoring and automated workflows, the software is a staple for companies who need help with their lead lifecycle.

Through partnership and integration, your company is able to transfer data between software platforms and streamline communication with internal teams. The use of lead management software like Leadboxer automates the lead lifecycle and eliminates any bottlenecks between marketing and sales teams.

Key Takeaways

Establishing a lead lifecycle and defining qualified leads is an important first step to excelling in your lead management strategy. By aligning the goals of sales and marketing and including an automated process for lead management, your company can begin working with the most qualified leads available.

Understanding the difference between marketing-qualified leads and sales-qualified leads can help your teams make sure prospects are interacting with the right resources. By defining what your team considers an SQL, marketing can make sure these contacts are being delivered to salespeople for immediate follow-up. This will also lessen the amount of rejection of MQLs by the sales team since your marketing department will have clear guidelines on proper lead qualification.

Utilizing a marketing service-level agreement can help organize your internal goals and get multiple departments on the same page. It is crucial for marketing and sales to be aligned in their efforts, and a SLA helps hold both teams accountable. This strategy lays out what each department needs for success and will help increase accountability and boost overall ROI.

Automated marketing lead lifecycle management helps free up resources from your departments and allows software to do the heavy lifting in your lead generation plan. This also helps your company become part of the B2B ecosystem through enterprise platform integration.

Taking advantage of the B2B partner ecosystem encourages innovation and collaboration. It also allows your company to maximize the usage of its tech stack.

Understanding and implementing a successful lead lifecycle management process can lead to higher ROI for your B2B company. Automation helps align goals, eliminate silos and clean data for a better overall lead lifecycle.

To get started with lead management automation with multiple application integrations, check out this free LeadBoxer trial!

Automated Marketing Lead Lifecycle Management in a Business-to-Business Partner Ecosystem Read More »

B2B Marketing Funnels

B2B Marketing Funnels

Regardless of your industry, you need customers to buy your product or service. However, satisfied customers who make repeat purchases, upgrade and become brand ambassadors for your company are even better. A positive customer experience generates loyal customers. You can accomplish this with B2B marketing funnels.

To read this article in its entirety, continue, or you can “jump ahead” to the following topics:

The Importance of Positive Customer Experience

Think about it. Would you do business with a company you don’t have a relationship with? Probably not. This is why a positive customer experience through the B2B customer journey is so important. 

When customers have a pleasant interaction with your business, they are apt to spend more and recommend your company to others. Conversely, B2B customers who have a bad experience will ditch your company for another and broadcast their disappointment in word of mouth and online reviews. In fact, customer experience will be the main differentiator between brands

Customer experience is catching the attention of marketers. One study found that almost half of the companies responding seek to invest more in ensuring a positive customer experience.  

Customers value customer experiences

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In a competitive B2B market where customers can access everything at their virtual fingertips, a positive customer experience is everything. The most successful companies deliver superior customer experience throughout the B2B marketing funnel stages.  

A positive customer interaction begins with successful navigation through your B2B marketing funnel. This powerful relationship-builder starts with the first interaction with your brand and extends beyond conversion or purchase. Your B2B marketing funnel is designed to not only result in initial sales, but to create a loyal, repeat customer base.

A positive customer experience begins with a map of your customer’s journey through all the touchpoints with your business. This map will help you identify trouble areas and barriers that keep people from making a purchase.

Mapping the B2B Customer Journey

To deliver a positive customer experience, you need to get into the customer’s shoes. This involves being familiar with all the touchpoints a prospect will encounter in becoming a paying customer. 

LeadBoxer Marketing Funnel
LeadBoxer Marketing Funnel

The customer journey begins with making them aware of your brand and ends when their relationship with your company ceases. Touchpoints commonly include advertising, PR, marketing, content production, sales support and interactions with sales representatives.

A B2B customer journey map moves a company to be more customer-centric. Your company will be more mindful of your customer’s experience with your brand throughout the purchasing process. This tool helps you improve your funnel to ensure a pleasant customer service interaction so people will return. 

Each company will have a different customer journey. For B2B customers, this journey is complex and time-consuming because of the following: 

  • It takes more time to get buy-in from senior management
  • It requires getting cooperation from various staff involved in the different stages of the customer journey 
  • There is the unknown availability of resources needed for a company to implement a new product or service 
  • Possible uncertainty about how to get started using your product or service, especially for multi-site locations 
  • Technical or service requirements a product or service needs to pass before being implemented

The added complexities of B2B customer journey mapping can either make maps overly complex or simplified. As a result, there is the risk of being process-driven instead of experience-driven. This can make your brand seem out of touch with customers. 

The B2B Marketing Funnel

Marketing funnels are the processes of taking website prospects and converting them into customers and advocates for your brand. Each stage of the B2B marketing funnel has relevant content that boosts your company’s trustworthiness. The more authority your company has, the stronger your relationship with customers, resulting in a better customer experience.

In B2B marketing funnels, prospects are broken into customer journey stages where they are delivered tailored messaging. Each of your customers will travel through these stages on the way to becoming loyal, repeat customers. Your prospects must be moving onto the next stage through the funnel.

B2B Marketing Funnel Stages

As previously mentioned, the B2B marketing funnel is divided into stages. These stages are top of funnel (ToF), middle of funnel (MoF) and bottom of the funnel (BoF). The top of funnel stage will have the largest audience while the bottom of the funnel will have the smallest.

Top of Funnel

At the top of the B2B marketing funnel, you have prospects who aren’t aware of your brand, product or service. This stage is all about spreading awareness of your product or service and how it can solve a prospect’s problem. This is usually done by educating prospects and answering their high-level questions in blogs, articles and videos.

At the top of the funnel, you want to attract prospects to your website in order to spread awareness. As people don’t know much about your brand, product or service, this is not the stage in which to try a hard sell. Once your prospects show interest or desire, they are ready to move forward toward the middle of the funnel.

b2b marketing funnel stages

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Middle of Funnel

While the bottom of the funnel focuses on awareness, the middle of the funnel is about sharing product details. Prospects that make it to this stage are interested in learning more about what exactly you have to offer. The extra sharing of information about your offerings helps you gauge your user’s experience.

Some of the content you might use at this B2B marketing funnel stage include:

  • eBooks
  • Whitepapers
  • Case studies
  • Webinars
  • Tutorials
  • Landing pages
  • Surveys
  • Email sequences

Customers who respond well to the middle of the funnel stage, then move on to the bottom of the funnel stage. This is where you push for the final sale. 

Bottom of the Funnel 

At the bottom of the funnel, your goal is to sell your product or service. A secondary goal at this stage is to build customer loyalty. Purchases are good, but generating loyal, repeat customers is even better. 

At this stage, customers are familiar with your brand and offerings. They also have had many relationship-building interactions with your company. Your chief aim is to build customer loyalty by informing them of the value of your product or service. 

Email marketing, especially onboarding email sequencing is effective at this final stage of the funnel. In these emails, teach customers to fully utilize your product or service and let them know all the ways your offering can benefit them. 

Bottom of the funnel content types

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You can also send surveys to new customers asking about their experience and inviting them to join a loyalty program. You not only want customers to make a purchase, you also want to persuade them to become brand ambassadors for your company. 

The Role of SEO Content in the B2B Customer Journey

Strong content is a game-changer in digital marketing. The more informative, relevant and personal your brand’s content, the better your lead generation and sales will be. This is because well-written content delivered to the right people builds your brand’s authority and trustworthiness.

People who see that a company is knowledgeable and transparent will be more willing to do business with that company. As in generic digital marketing, great content is crucial in your customer journey mapping and funnel effectiveness. In fact, 87% of marketers create content for each stage of the customer journey.

The B2B marketing funnel and all the B2B customer journey steps can’t build customer/business relationships without content. Each touchpoint along the customer journey needs to have well-written, strategic content. What you communicate with the customer should meet them where they are and encourage them to move forward.  

Customer Journey Mapping and SEO

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With content marketing for B2B marketing funnel stages, produce quality content that answers your audience’s questions. Cover topics of interests in your niche or industry to make your company the authoritative source of information. 

Content marketing also includes search engine optimization (SEO). This type of B2B marketing funnel content will utilize researched keywords and link building techniques. 

In today’s digital age, you can’t create effective content without using keywords. Content without keywords will not be picked up by search engines. When this happens, your great content will never be seen by your ideal audience. 

After you identify your keywords, use them throughout all your digital assets. This includes website content, product descriptions, blogs, whitepapers and video transcripts. 

Another tactic used in SEO content is link building. This involves strategically inserting links throughout your content. These links can be either internal, linking to a page on your website, or external, linking to outside sites. 

It is best to use a combination of internal and external links. The external links need to go to reputable sites to further your brand’s credibility. When link building, don’t use too many links, as your content will be penalized.

All the B2B marketing funnel stages and each touchpoint along the B2B customer journey need SEO content. This type of content will target a specific audience, catching their attention and compelling them toward the next stage. Your content will inform prospects and turn them into loyal, repeat customers. 

To generate B2B leads and sales, you build relationships with your prospects and customers. Excellent customer service and experiences with your company are the foundations for this relationship building. 

Great customer experience comes through meeting your customers where they are in the buying process. It also comes through understanding the journey your customers go through from brand awareness to making purchases. 

LeadBoxer’s unique lead generation platform with its full complement of integrations, make it easy for you to target and communicate with your ideal customer base consistently and effectively, ensuring a great customer experience. 

B2B Marketing Funnels Read More »

B2B Marketing Workflow Automation Guide

B2B Marketing Workflow Guide

The B2B industry continues to benefit from innovation sparked by the evolution and implementation of new technologies. As they advance the process of emerging from the COVID-19 pandemic, companies are adopting practices that were discovered during the shift to virtual work spaces.

Automation remains a key player for competitive B2B companies. By embracing B2B marketing automation tools, your team will have clean data and continuous communication with leads. Duplication is avoided; the process is streamlined, and you have the flexibility to reallocate resources to other departments as needed! 

This means your marketing team will be able to accurately track the success or the need to fine tune campaigns in real time!

By allowing automation to take over parts of your marketing department’s daily, repetitive tasks,  engagement and lead nurturing can be prioritized resulting in a higher conversion rate.

Keep reading, or use the links below to “jump ahead”, to learn the best ways to optimize and automate your marketing process.

The Benefits of Marketing Automation

how marketing automation works

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Marketing is a key component in the success of any B2B company. This outreach allows your company to communicate with leads and generate interest in your product and services.

LeadBoxer’s Workflow Automation allows your marketing team to Assign, Route and Qualify leads using automated rules you can set and configure to meet your customized needs. Learn more about how LeadBoxer can help your organization streamline its marketing workflow by scheduling a free demo and signing up for a free trial today!

B2B marketing automation is a must have for enabling your marketing and sales teams to become more efficient and effective. This is essential for making a good first impression on potential customers. Replacing repetitive tasks with automated workflows allows your marketing team to focus on creating meaningful campaigns that showcase the value of your product or service.

Automation helps align your marketing and sales departments. While their daily tasks look different, collaboration between sales and marketing teams is vital. Automation assists with every aspect of lead management, from lead qualification to following up with prospects and providing valuable insights into customer engagement with your content.

By gathering this data from your automated marketing practices, the department will be able to share these insights with salespeople. This will help refine their sales process and clean up the sales funnel. With the marketing and sales departments properly aligned, less leads will fall through the cracks and customer relationships will be strengthened.

Through automated practices, lead generation is apt to increase. When using a platform like Leadboxer, information can be gathered from website and email campaign engagement. This allows your marketing team to identify more prospects based on their activity with your content.

Follow up time for new leads can be shortened by utilizing trigger points. When prospects engage with your content, follow up communication can be sent automatically. 

This practice helps keep the lead warm, as well as collect data to score and qualify the customer. Once this lead is ready to be passed to sales, there will already be a line of communication in place, upon which the salesperson can build.

Automation optimizes the lead nurturing process. For customers who aren’t quite ready to hit the sales funnel, automated communication through relevant content can keep your product top of mind. This helps create strong brand awareness and nurtures the potential relationship. 

Your marketing and sales team will have access to cleaner data through automation. Featuring easy to install Customer Relationship Management (CRM) Integration, Leadboxer helps fill in the details while constantly tracking leads. This allows your team to feel confident in their contact information and provides valuable insights into a prospect’s recent engagement. 

With accurate data, aligned departments and increased lead generation, B2B marketing automation offers huge benefits for your company. Once your team is ready to move forward with this strategy, creating a workflow will help keep things on track.

Getting Started With an Automated Marketing Workflow

Automated Marketing Workflow

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Simply put, an automated marketing workflow is a series of triggers and steps that help streamline efforts. Almost any step in the process can be automated, and your team will need to decide which areas can benefit most from this.

First, identify the steps your team will want to take before, during and after the automation is implemented. The goal is not to replace your entire marketing team but to streamline the process, so your team can focus on improving their outreach and content.

Most likely, your first step will be to generate a list of leads for outreach. Then, the automated marketing will take care of the communication. After the campaign has been launched, your team should carefully evaluate the reactions from leads.

Allow leads to be segmented by their responses. Qualified leads will be handed off to sales to begin their journey within the sales funnel. From there, your team can begin another campaign and restart the process.

Understanding Best Practices for Automation

B2B marketing automation is different from your Customer Relationship Management (CRM) strategy, but the two may share similar goals. Both are best executed with proper software. 

Platforms like Leadboxer help automate some of your marketing tasks while also qualifying and segmenting leads. This technology should integrate with your CRM to make sure data is accessible across departments.

Next, you’ll need to understand which tasks are being automated through this strategy. This will include trigger points for integrations designed to work with your existing tech stack for enhanced data collection and email marketing automation tools including email tracking and email marketing campaigns.

Data Collection

Website and social media engagement is crucial for identifying new leads. Most customers begin their search for solutions online. This means their first interaction with your company will most likely occur when your site pops up in an online search, or when a customer comes across your social media.

Having an automated process to collect data can help speed up the lead nurturing process. By allowing software to gather information based on a prospect’s interaction with your site, leads can be accurately qualified.

The gathered data will also help build out customer profiles in your CRM. This helps your marketing and sales team have the most up to date information on leads. Communication efforts will benefit from this data.

Trigger Points

Gathering data is nice, but having action behind website engagement can help boost the number of leads in your sales funnel. Trigger points are a key aspect in automated B2B marketing practices.

To create the best trigger points for your company, study the behavior of website visitors. Identify which interactions lead to customers who are ready to enter the sales funnel. Once this has been decided on, create an automated follow up to streamline outreach.

Keeping leads warm is crucial to successfully moving them all the way through the sales pipeline. An automated touchpoint created by a trigger point takes the stress away from having a real human follow up. This allows your salespeople to begin prepping for their pitch before they’ve even had a conversation.

Trigger points can also help convert leads who may not be in the purchasing mindset. Automated follow ups through website engagement can help your marketing team segment leads who need nurturing. This helps your team get these prospects on email lists for future campaigns.

Email Marketing

Creating touch points through email campaigns is a great way to keep leads engaged with your brand. Automation can help free up your team to focus on other goals by handling the distribution of this content.

Once content has been created, your marketing team can allow automation to handle the rollout of the campaign. This includes monthly newsletters, educational resources, and product updates.

Your team will also be able to track the engagement of these campaigns, which helps plan future marketing efforts. Combine this tracking with your lead scoring efforts to make sure leads are being properly segmented and handed off to sales in a timely manner.

Key Takeaways

Marketing efforts are crucial for companies to remain competitive within the B2B industry. They help your salespeople identify prospects and allow your company to build brand awareness. Your marketing department plays a major role in connecting customers with the right solution for their needs.

By embracing an automated process, your marketing and sales teams can benefit from an increase in leads, better lead quality and cleaner data. Automation also helps free up resources and employees to help your company focus on bigger picture items.

B2B marketing automation helps streamline costs within your organization. By reducing the amount of people who are needed to take on repetitive tasks, your marketing budget can be evaluated for bigger projects.

Automation helps reduce duplicated efforts and the introduction of human error. By utilizing software that integrates with your CRM, automated marketing efforts can avoid duplication across departments.

The customer experience may see improvements from implementing this strategy. With trigger points that handle immediate follow ups, clients will feel important and valued. Having fresh data can also help your salespeople deliver a better customer journey through the pipeline.

Automated marketing practices can also help fine tune your outreach strategies. By gaining feedback from customers and tracking valuable insights, your team will have the knowledge needed to adjust campaigns. It also allows you to see your strengths and weaknesses through lead engagement. 

Overall, B2B marketing automation can prove to be a key factor in helping to take your company to the next level. 

Take Leadboxer up on its offer of a Free Trial today to see how its innovative lead generation platform featuring key integrations can help automate your marketing efforts and accelerate the growth of your B2B business!

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Psychographics A Game Changer for B2B Marketing

Psychographics: A Game Changer for B2B Marketing?

Understanding your target demographic is crucial to successful marketing in the B2B industry. Campaigns rely on strong data surrounding consumer behavior. Rather than reaching out to a broad audience, segmentation can make sure messaging gets to the right leads at the ideal time.

Creating a marketing segmentation plan can help jumpstart these efforts. There are several ways to segment your audience including firmographics, demographics, geographics, behavioral and psychographics.

Psychographics for B2B marketing may be a huge key to helping your company remain competitive within your industry. By separating your clients and creating outreach based on lifestyles, relevant information about your products reaches qualified leads to push them into your sales funnel.

Read on or use the links below to jump ahead to learn more:

What Are Psychographics?

Audiences can be segmented into several different categories. By focusing on psychological traits like lifestyle, personal interests and opinions, outreach will target consumers based on their psychographics. 

This information looks deeper into the behavior of the target consumer. The goal of psychographic segmentation is to gain valuable insight into the lifestyle and preferences of your ideal audience. While it seems like a great way to categorize leads, this information is not always as obvious as demographics and may require data discovery.

Having this type of understanding allows your marketing team to create content that resonates with buyers. This will encourage engagement and allow for the development of a strong customer relationship.

Psychographics can also help uncover new leads. When identifying the audience and targeting your outreach, marketing can focus on sourcing new leads who follow similar behavioral patterns. Understanding what motivates your customers is important, but psychographics can also be paired strategically with demographics. 

demographics vs psychographics

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Simply put, demographics explain who is buying your products while psychographics break down the factors behind the purchase. Utilizing this data together for segmentation can help narrow your targeted audience even further

For example, demographics might include gender or religion, while psychographics look at the buyer’s habits. Not all individuals in the same demographic group are motivated by the same factors, which is why combining behavioral traits is helpful. This data allows your marketing team to round out the ideal buyer persona as well as segment audiences based on personal preferences.

Along with segmentation, psychographics can provide valuable insights to inform your ideal customer profile. This big-picture strategy helps your company make overarching decisions around marketing, sales and product development. 

The customer profile is created by assessing your product and the value it adds to the market, as well as defining ideal customer characteristics. By understanding the psychographics of your clients, this profile can be tailored to reflect real consumer behavior.

This data allows your organization to see the ‘why’ behind each purchase. Lifestyle data helps determine how customers are choosing to buy products and what motivates the purchase. This type of information can play a large role in any product updates or future rollouts. 

Breaking Down Types of Psychographics

Buyer persona psychographics

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It’s important to realize there is a difference between behavioral data and psychographics within the B2B industry. Behavioral segmentation relies heavily on product and content engagement. Essentially, this category looks at the way customers are interacting directly with your brand.

Psychographics are still informed by consumer behavior, but it’s more about lifestyle choices. Rather than tracking product usages, this type of analysis looks at how consumer values and habits affect buying decisions. The daily actions of customers are studied to better understand what type of person may benefit from the solution your company provides.

The goal of this segmentation is to target leads who will be most receptive to your outreach. It can help foster strong customer relationships based on emotions and shared values. This can lead to stronger brand loyalty and potentially increase return on investment (ROI) by encouraging repeat purchases.

When gathering this data, it’s important to have a grasp on which factors fall under psychographics. Below are a few examples to help your team get started.

Lifestyle 

This includes how a consumer fits into society and where their values lie. Characteristics for this category may include relationship status, type of occupation, or homeowners vs. renters. This data helps segment people based on what stage of life they are in. 

Habits and Opinions

People tend to stick to their habits rather than breaking them. This is important for marketing to understand since many customers may have specific habits when it comes to content engagement and the sales cycle. 

Understanding the makeup of a customer’s daily life can have a significant impact on advertising choices. For example, if your ideal customers prefer to do product research via social media rather than company websites, outreach can be tailored to better accommodate this type of engagement.

Behaviors

While segmentation can be categorized on behavior alone, it can also work in conjunction with psychographics. These characteristics can be studied through product usage, content engagement and purchase history. This data can help segment outreach by anticipating a timeline for when your leads may be most interested in making a purchase based on their prior actions.

Social Class

Economic status influences purchasing behavior. While social class may also be a self-identification for some people, this information does provide valuable insight for purchase capacity.

Personality Traits

Understanding the types of personality your products attract helps your marketing team develop content that will resonate with your leads. Not all of your customers will have the same personality traits, so this type of segmentation can make sure content reaches the right person. This can help increase engagement across campaigns.

Interests

Similar to personalities, a person’s interests can help steer the direction of your marketing. Segmenting leads and sending outreach based around clients’ interests helps form a strong connection with your brand. This can also help your marketing team avoid sending out fluff to leads.

Using the data found around client interests can make sure your outreach is relevant to the receiver.

The Importance of Audience Segmentation

Your marketing department’s ROI benefits from data-driven campaigns that encourage customer engagement. Before a lead can enter into the sales pipeline, it must be qualified and segmented into the proper group for continuous outreach. These efforts help nurture leads and eventually guide them through the buyer journey.

The goal of marketing efforts is more than just landing a sale. The department should be focused on creating lasting relationships to encourage repeat sales and promote brand loyalty. It can cost up to five times more to acquire a new customer compared to the cost of retaining an existing one.

By using psychographics to tailor content and segment target audiences, marketing can help strengthen client relationships. Using this segmentation helps break audiences down into more specific groups. Broad outreach may feel impersonal and doesn’t provide a unique call-to-action based on the customer’s current needs.

Instead, using psychographic segmentation ensures content is personalized and helps set attainable next steps based on a lead’s preferences. Overall, audience segmentation should help improve the relationship between leads and your company.

Psychographics help by providing a deeper understanding of customer needs and driving communication. By shifting the conversation to focus on customer interests, your teams will be better equipped to sell the product.

Sales pitches and marketing contact can feature ways your product is able to improve your customer’s life. Psychographic data allows for accurate examples of these improvements to be used based on lifestyle and habits.

This data can also help improve overall product features. By understanding why customers are using your product, features and updates can be created to meet their needs. Psychographics also allow your product to be customized based on different buyer personas, allowing for more options to choose from.

Gathering Psychographic Data

Once you have a grasp on the benefits of psychographics, it’s time to start gathering data to implement this strategy. While it may seem like a daunting task to try and understand the motivations of potential new leads, there are several approaches that can jumpstart the process.

Speak To Current Clients

You already have existing customers who use your product, so understanding their lifestyle is a great place to start gathering psychographic data. This approach allows your team to decide how many customers you’d like to speak with to gather this information. 

First, make a list of your top clients. If you have a strong relationship with them already, getting to know more about them is a good way to figure out what your ideal client profile looks like. Schedule a time to speak with them, or create questions you’d like to ask next time they reach out. 

These questions should focus on their lifestyle, hobbies and interests. They can be as simple as “What did you do this weekend?” or “What does a typical evening after work look like for you?” This can help create conversations around their lifestyles and provide insight into what motivates them.

Going further than a handful of top-tier clients, your marketing team can create a customer survey and send it out for feedback. If you choose to take this approach, try to be as transparent as possible with the recipients. Explain that your company is trying to better understand their clients to help provide the best experience possible.

Try Focus Groups

This is a way to gather unbiased feedback from participants that are not immediately familiar with your product and services. While this group does not include current customers, it is important to keep the sample size as close to your target audience as possible. Use demographic information from clients to model your focus group. 

Create a questionnaire that helps provide the type of feedback you want to gather. For example, make sure that the questions you are asking focus on the participants’ lifestyle rather than just your product. 

Utilize Third Party Research Companies

While handling the research on your own can help gather insight from current clients, consider sourcing this part out to a third-party company.  Market research companies can focus on similar demographics to your target audience. This allows your sample pool to widen while still gathering relevant information.

Use Website Analytics

Content engagement can tell you a lot about a person. Information can be gathered from the type of content that gets the most clicks, the time of day purchases typically occur, and what website forms gain the most traction.

Data can be collected regarding the usage of discount codes to help segment those who prefer a bargain deal. Seeing which blog posts have the most visitors can determine what type of people are using your products and which areas they are searching for more information about.

If you’re not already utilizing the data provided by website analytics, now is a great time to get started. Software like Leadboxer can help track this type of engagement across platforms, while simultaneously uncovering new leads from website traffic.

Approaching Psychographics in B2B Marketing

This strategy should focus on motivating customers based on their current needs. Segmentation allows you to run multiple campaigns simultaneously while making sure content is tailored to the intended audience. Your team should work to provide any resources needed to complete a purchase.

Find ways to incorporate the customer’s priorities into all of the content they receive from your company. For example, if exercise is one of the main hobbies of your target audience, publish a blog talking about how daily exercise can lead to productivity at work. If possible, you could include pictures on social media that display these hobbies in a way that relates to your product.

Make sure the call-to-action is customized to encourage engagement from each audience. This can be as simple as including language that reflects their interests.

When planning outreach and applying psychographics, your team needs to determine which factors are going to segment the recipients. There are a multitude of options to choose from, so it’s important to narrow the scope before planning a campaign.

Leveraging Psychographics to Optimize Marketing Efforts

This strategy goes further than simply segmenting your email campaign lists. It can be used across your website and all social media channels. This content will help reach new leads, nurture relationships and encourage brand loyalty from existing customers.

Social Media

Chances are, your marketing team is posting content on social media platforms like Instagram and TikTok, as well as running targeted ad campaigns. Psychographics can help determine how to develop content that resonates with your intended viewers.

On social media posts, work to make content that goes further than a sales pitch. Not every post needs to invite a sale. Some of these posts can be educational, or may provide a behind the scenes look at your organization. This type of content can be used to address the lifestyle of your audience without overdoing the promotional material.

Utilize social media as a way to organically grow relationships with your target audience. Becoming a thoughtful leader within your industry that provides content based on psychographics can help promote brand loyalty and boost engagement. Your customers will be able to come to your social media channels for advice and share this content across their own channels when it aligns with their values.

Blogs

Using the blog space on your page should be a priority for your marketing team. This content is crucial for multiple reasons including SEO, website engagement and providing valuable information to customers.

This is a great way to create content that is tailored to specific groups of customers. Using psychographic data can help your team determine blog topics that will resonate with your leads. This helps your brand showcase your product and provide information that is relevant to your industry.

When creating these posts, find ways to incorporate psychographics into the title to immediately draw readers into the piece. Rather than simply writing about the ways your product is useful, tie it into your audience’s interests. For example, if your target customer works in marketing, including a piece about the “Top 10 Ways Lead Generation Can Improve Your B2B Marketing” is a great way to encourage engagement.

Testimonials

Encouraging buyers to purchase your product through other user’s experience helps build trust. If you have clients who are similar to your targeted lead audience, use their positive feedback to showcase the solutions your company has to offer.

This content can be created for different stages in the customer journey, which helps buyers who may be on the fence about making a final decision. Not only should this information discuss how satisfied current customers are, it should also tie into the lifestyle of your segmented audience.

Continuing with the marketing example from above, show your leads how the product has helped customers streamline their marketing efforts and increase ROI. This will entice prospects to either make a purchase or reach out to your sales team for more information on next steps.

Customer Appreciation

While psychographics can be used to uncover new leads, it can also help strengthen current relationships and encourage a continued partnership with your customers. Buyers who have already purchased your product will be more interested in remaining with your company when they feel appreciated.

Using psychographics can provide insight into the lifestyles of customers and shine a light on their current needs. This gives an opportunity for your brand to showcase how well they understand their clients.

Consider sending out appreciation gifts that are relevant to your customer’s interests instead of something with generic branding. The extra effort will illustrate the values your company has in common with these clients.

Key Takeaways

Audience segmentation can play a vital role in successful B2B marketing. Rather than simply grouping customers by demographics, using psychographics can provide valuable insight into the lives of your target audience.

This strategy is a great way to uncover new leads, strengthen existing relationships, and build trust as a key player in your industry. It can also work well with other types of segmentation to help build out your ideal client profile and inform the buyer journey.

Before incorporating this into your marketing efforts, it is important to have a grasp on the different categories of psychographics to determine which will benefit your audience the most. These include personality type, lifestyle and habits. Each can be utilized to create targeted content that encourages engagement.

Make sure to set aside the time and resources needed to successfully gather psychographic data. This can include customer surveys, focus groups or outsourcing to a third-party company. Most importantly, continue gathering this data as your customer base and list of leads grows.

Psychographics may change as your product continues to develop, and it is helpful to have up-to-date data to drive marketing efforts. Track website analytics to have accurate data that provides valuable insights into consumer behavior.

Consider using software like Leadboxer to uncover and qualify new leads as they interact with your site. This can help segment potential leads into audience groups as soon as they are introduced to your brand.

Allow this data to help inform your marketing content and create pieces that provide more than a sales pitch to prospects. Utilize social media channels and blog posts to create organic connections with customers based on their hobbies and interests. Use this content as a way to tie in your product or services with their lifestyle, but make sure the pieces aren’t full of fluff.

Make sure calls-to-actions are personalized. This encourages engagement from customers and can help your marketing team qualify leads by understanding where each prospect is within the sales journey.

Overall, psychographics for B2B marketing can help elevate your campaigns to the next level, as well as increase your ROI. Use these strategies as a way to nurture relationships and promote brand loyalty.

To begin incorporating psychographics and segmentation into your lead generation process, check out Leadboxer for a free trial!

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The Importance of Single Customer View in B2B Marketing

The Importance of Single Customer View in B2B Marketing Today

Customer experience is an essential component of success for B2B companies. Building brand loyalty and encouraging long lasting customer relationships can help boost your company’s overall return on investment (ROI).

While having a good product still matters, customer experience has added an additional layer of competition between B2B businesses. A customer centric business model will require transparency across departments and a deep understanding of client behavior.

Through a single customer view, your entire company should be able to access relevant data on clients, regardless of the department. By integrating this into your business strategy, your company can stay on top of the journey and experience your clients receive.

Keep reading to learn about a single customer view, or use the following links to jump ahead:

What is a Single Customer View?

Simply put, a single customer view is a consistent collection of data that can be accessed by all departments for an accurate summary of clients. Going a little deeper into this strategy, a single customer view is implemented through the daily systems your team uses.

By investing in software that provides the ability to collect this data across departments, your business is able to begin benefiting from this information. This should help your departments seamlessly transition customers between each stage of the buyer’s journey, which will improve the overall customer experience.

A single customer view helps avoid any issues in the buyer’s journey. By aligning data and company goals into one platform, the amount of miscommunication between departments is minimized. This also allows your company to track key performance indicators (KPIs) across all teams, which can help pinpoint problem areas and provide insight into which areas need improvement.

Most importantly, this strategy will help your team make sure the customer is central to all business decisions. According to a Gartner Trend Insight Report, 80% of organizations within the B2B industry are competing with each other on customer experience rather than solely on the product.

By having a data-driven customer strategy, your company will remain competitive within the industry. Gartner also found that 50% of companies have found a way to track the financial gain of customer experience initiatives. Not only will a single customer view help improve the overall journey, it can also provide valuable financial insights for your company.

The Benefits of a Single Customer View

Customer centric marketing

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A successful customer experience doesn’t happen overnight. While your product might help meet a client’s needs, the buyer journey is just as important as the end result. A great starting point for improving the sales cycle is taking a customer centric approach.

This means relying on accurate data to evaluate the journey as well as identify areas of improvement.

With social media marketing and online buying continuing to rise in popularity, the customer journey begins before the prospect is introduced to an actual salesperson. In some instances, they may not even speak with a salesperson until they are ready to make a purchase.

Because of this, utilizing a single customer view can help all your departments improve their interactions with new site visitors and existing clients.

One of the biggest benefits of a single customer view is cleaner data. Information from your target audience and current customers is valuable for informing future product decisions. Traditional marketing and sales practices don’t constantly communicate across departments, which can lead to information being siloed.

By having up-to-date contact information, customer history, and data based on marketing engagements, all departments will be able to see the buyer’s journey in real-time. This helps encourage communication between teams when there is an issue that needs to be addressed or when tactics are yielding positive results.

This also helps cut down duplicate information. Rather than multiple departments logging similar data, a single view allows your team to see what has already been recorded. This keeps your data clean and coherent.

A single customer view allows your team to have access to better insights. An accurate portrayal of the buyer’s experience can help employees measure the success of campaigns and sales tactics. This provides value to your marketing department as they can plan for future outreach to find the right audience.

Alongside having a clearer idea of what the customer experiences, this tactic helps your team measure KPIs accurately. Assigning data driven metrics is a great way to encourage your teams to meet their goals. By using this data, your company is able to create realistic KPIs and re-evaluate when teams are not hitting the mark.

Understanding customer behavior helps your marketing department track which channels are best for campaigns. A single customer view tracks customer engagement across platforms to determine what’s most likely to gain interaction from your target audience. This insight can help your company allot the proper resources for the most successful channels.

A single customer view helps optimize your company’s workflow to produce the best results. From the beginning of the sales process, leads are identified and qualified in the same platform. This helps marketing and sales departments accurately segment audiences to ensure each qualified lead is being nurtured by the right team.

Leadboxer, with its unique offering of the platform’s native integrations combined with the integration of the best email marketing applications, allows your team to integrate with your current techstack. This cuts down on unnecessary duplication between programs, and allows your employees to work with familiar software.

Techstack integration is a major benefit of the single customer view. It helps your marketing department track engagement across multiple channels including email, social media and website engagement. When implemented on a lead data platform, data is collected and accessible for all teams.

What is Customer Intelligence?

It is not a secret that customers are getting quicker and more efficient during the sales process. With the rise of online sales, prospects are able to conduct their own research and engage with a free trial before speaking to a salesperson.

However, customer intelligence does not refer to an increase in self-sufficient prospects. Rather, it defines the process of collecting data to understand insights about consumer behavior. This helps companies create a successful customer journey that provides an excellent experience.

Customer intelligence is more than using data to achieve client satisfaction. It is a practice that helps companies fine tune their internal processes, tighten up marketing campaigns and boost customer retention.

Understanding the target audience, or the ideal client profile, for your product is a crucial first step to B2B success. Customer intelligence takes this one step further by helping provide insights into the behavior of real leads and customers.

Expanding upon the client profile, data from current customers and potential leads can inform the decisions your company makes for marketing and sales campaigns.

Customer intelligence comes from multiple sources and tracks a variety of consumer data. On the internal side, this information can come from outbound calls, sales pitch meetings and interactions with your customer success team.

Internal customer intelligence is generated any time a member of your company interacts with a client. Between marketing, sales and customer success, the number of interactions can start to add up quickly. To avoid missing important feedback or duplicating efforts, storing this data in a platform with a single customer view can be a huge help.

As your teams gather internal information, the client profile can be updated in real time to reflect the customer’s current position in the sales funnel. This data benefits every department.

Your marketing team will be able to segment customers to ensure they are receiving relevant campaigns. Salespeople will be able to create a timeline for communications and set follow-up reminders. Customer success can make sure onboarding materials are prepped.

External data comes from a variety of sources including personal demographics, geographic location and marketing campaign engagement. Using website metrics as external data helps your team identify and qualify potential leads as they interact with your pages.

Successful customer intelligence relies on both external and internal data to provide informed patterns of client behavior. Just like internal information, external data should be stored in your single customer view platform. This information helps give a complete client profile alongside the interactions with your company.

Overall, customer intelligence will help boost your ROI and increase customer retention. Prioritizing the customer experience and tailoring methods through data-driven decisions helps create lasting business relationships.

Having a customer centric approach means your target audience is at the forefront of all business operations. By storing your customer intelligence on a single view platform, the ‘customer first’ approach can be implemented easily across all departments.

Single Customer View Vs. Traditional Marketing Tactics

single customer view

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Although proper software is an important component, the single customer view is more than just utilizing a platform. It is a process for storing data that helps your company provide the best customer experience. To be successful in this strategy, using an integrated platform like Leadboxer is a good place to start.

Traditionally, marketing and sales teams work side-by-side, but not always together. The sales department may put more focus on warm leads, while the marketing team spends their time identifying prospects.

When these employees are working with different types of clients, it is easy for miscommunication to occur. Salespeople may be having active conversations with a customer while the marketing department is adding them to a segmented list of prospects that haven’t been contacted. While this may not seem like a huge slip up, it is a waste of time, and it may confuse potential clients.

The single customer view helps eliminate these mistakes by allowing both teams to work simultaneously with the same data. Using Leadboxer puts important information into one easy-to-access platform. This software allows your marketing department to track email campaigns and website engagement, while your salespeople are sharing where prospects are at in the sales cycle.

Leadboxer provides more than just the ability for teams to see the same data. It encourages collaboration between departments, so customers get the right amount of attention and client relationships are continuously nurtured.

Knowing where someone is in the buyer’s journey helps both teams develop a strategy to close the deal. Sales and marketing employees can work together to determine the best segmentation of audiences and which campaigns each lead type should receive.

Eliminating the silos of information within departments will help your company embrace a customer centric approach. There is more to a successful client experience than getting a sale across the finish line. Proper communication and clean data will make a huge difference in providing a positive experience for those in the sales journey.

The single customer view also promotes brand loyalty. It is cheaper to continue servicing an existing client than it is to onboard a new one. That does not mean prospects are not important, but it does mean cultivating strong customer relationships can lead to a higher ROI.

Implementing Single Customer View Into Your Company

Once you have a grasp on the concept, it’s time to start implementing a single customer view into your business. While your company should already have a customer centric approach, developing a process for a single customer view can further improve the client experience.

It may seem like a big undertaking, but the following steps can get you on the right track:

Collect Your Current Data

This sounds simple enough, but if you haven’t been storing your data in one platform, it may take awhile to complete this step. First, determine who is in charge of storing information in each department.

Collaborate with these employees to understand what type of data they have been collecting and why it is relevant to your customer experience. From there, begin compiling the information and cleaning up any duplicates.

This data may include contact information, personal demographics, previous customer interactions, marketing engagement and purchase history. Talk with your employees to figure out how this data is being used within each department. This will help determine the best ways to store and collect data once you have implemented your single customer view.

Decide Which Platform Best Fits Your Needs

It is important to find software that will help your team align its goals and share data across departments. Leadboxer takes a cutting edge approach to data analysis while integrating with your current techstack for easy implementation.

It is important for your team to be able to do it all in one location. From identifying leads, qualifying and scoring, Leadboxer is there to help from the very beginning of the customer journey. This platform does more than just filter through website traffic to identify prospects. It provides a series of integrations to help analyze important customer data.

Leadboxer can integrate with CRMs to help optimize workflow and make sure your sales team is spending time on the leads with the most potential. Marketing departments will benefit from its ability to track engagement and store valuable information. The rest of your company will have access to this data, which helps inform future campaigns, customer success outreach and financial decisions.

Determine KPIs Across Departments

The best way to measure the success of your customer centric approach is to set goals across departments. Using KPIs can help your teams stay on track and refine the customer experience.

While everyone will be working off of a single customer view, their tasks will be different. Therefore, it is important to provide clear objectives.

If teams are succeeding in meeting or exceeding their KPIs, your company will be able to see the positive effects within their customer relations. If teams are coming up short, it may be a sign to redirect efforts and come up with a new strategy.

The important thing to remember when implementing a single customer view is to allow room for growth. The first approach may not be the best one. Your measuring KPIs will help your managers guide teams through this process.

KPIs can also help provide insight into areas of improvement within the customer journey. If you notice negative customer feedback regarding specific parts of the sales cycle, your team will be able to adjust and improve their actions.

Utilize Data Managers

This step may be better suited for bigger companies, but if you can, dedicate a role to data management. This will help ensure that your platform contains the most up-to-date information without having duplicate or old data.

This role can also help analyze data to inform teams about how customers are feeling. With one person focusing solely on organizing and cleaning information, departments can feel confident in the data they are using.

Data managers may provide valuable insight for process improvement as well. Once you’ve taken on a platform for your single customer view, processes should be developed and implemented across departments. With constant audit by a data manager, workflow optimization can be handled easily.

Develop and Implement Company-Wide Processes

While the specific actions vary across teams, taking the time to determine best practices makes sure your company benefits from a single customer view. Managers should meet to discuss the way each department uses data currently, and processes can be built out based on these conversations.

When developing these workflows, efficiency should be a top priority. Since all of the data will be stored in a single platform, it’s important to cut down on any actions that may duplicate efforts. For example, if sales and marketing departments were both previously qualifying prospects, decide which team should take that on in the new process.

Take the time to introduce and properly train employees on these processes. Employees should feel comfortable accessing and inputting data into the new platform. Make sure they understand how their current techstack integrates and works with the single customer view.

It’s important to make sure this transition causes minimal interruption to current client relationships. Ensure your departments feel confident in the new processes before letting them loose with the new system.

When deciding what processes should be implemented, make sure customer experience is at the forefront of these decisions. Any changes made should benefit your company’s overall ability to provide top tier services.

Key Takeaways

For B2B companies that want to remain competitive in the industry, successfully taking a customer centric approach is crucial. Pairing customer intelligence with a single customer view can help put your company ahead of others while promoting brand loyalty among your clients.

Investing in LeadBoxer, a fully integrated lead generation platform, can ensure that implementation of this strategy benefits all departments. Make sure your teams are onboard with these changes by providing ongoing support so they can utilize the platform to its fullest potential.

With a constant focus on improvement, your customers will feel valued. It’s important to evaluate the current buyer experience. Using the data collected and analyzed by Leadboxer, your teams will be able to gain valuable insight into customer behaviors.

Allow data to drive your decisions. A single customer view can help take the guesswork out of marketing and sales tactics. Use previous customer interactions and tracked website engagement to plan future campaigns.

Encourage your departments to collaborate based on the gathered information. By having a sales and marketing team that works together, customers can experience a seamless hand off between stages in the buying journey. Customer success teams will be able to track and preemptively do outreach to ensure the best possible post-purchase relationship.

Using a single customer view helps create a robust strategy for managing client relationships. Prioritizing the buyer experience through segmented outreach, personalized sales calls and efficient customer support will increase client retention.

Above all, make sure your company is encouraging employees to value customers. Lasting relationships lead to repeat purchases, referrals and higher sales conversions.

Get started with your single customer view, and try Leadboxer for FREE today!

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Everything You Need to Know About B2B Go to Market Strategy

Everything You Need to Know to Craft the Ultimate B2B Go-to-Market Strategy

When planning a new launch, understanding the market and having a solid plan before the release is crucial to the product’s success. Blindly releasing a new product to the market without research and planning can lead to failure.

Utilizing a go-to-market strategy is one way to make sure your launch is hitting the market at the right time. Before you can start planning your next release, your company will need to understand the basics of a go-to-market strategy, as well as begin creating one for your new products.

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What Is a Go-to-Market Strategy?

go to market strategy framework

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Simply put, a go-to-market (GTM) strategy is the plan your company creates as a step-by-step guide for a product launch. This will include understanding the target audience and collecting data, outlining marketing needs, and creating a sales plan.

Most importantly, a GTM helps identify a need within the market, so your product can be launched as the solution. A good GTM will use data to help drive the product launch decisions, including identifying the right audience and correct timeframe for the release.

A GTM can be used for physical products, as well as services, company restructures, or new businesses. This type of framework will help keep the end goal aligned across departments and ensure bases are covered for success.

New products take time, resources, and money to create. Having a GTM can make sure all of those efforts are being used to their fullest potential. A successful product launch aims to increase return on investment (ROI), and a GTM can be a powerful tool to make that happen.

Many companies have experienced product failures, which can usually be attributed to wrong timing, bad marketing, or poor market research. Outlining a launch strategy can take the guesswork out of a release, as well as prevent oversights or mistakes.

While there is always a chance of a product flop, regardless of planning, having a GTM can help manage expectations and prepare your company for the launch. This strategy can also help your team improve future roll-outs. With a framework in place, it’s easier to see which aspects of the release were successful and which areas need improvement.

There are two types of GTM strategies: flywheel and funnel. On the more traditional side, the funnel method focuses on generating leads and helping them through the sales cycle. The flywheel method engages prospects and customers through inbound marketing to build strong relationships.

5 Components of a Successful B2B Go-to-Market Strategy

Before your team hammers out the details for your GTM strategy, it is important to understand a few key components of a successful B2B go-to-market strategy. These details will help your marketing and sales team craft the GTM strategy while using data to back up their decisions.

Creating a solution to a market need. Before getting any further along, it’s important to take a look at your product and identify how it fits into the market. Understanding how your product solves a current need in the market will help drive its success when pitching to leads and current customers.

Identifying your target audience. It is crucial for your product to reach the right customers. Focusing on marketing to your target audience will help ensure quality leads are being nurtured and pushed through the sales funnel.

Understanding your competition. Knowing which other companies are offering similar products will help your team understand the demand and role your solution can play in the market. Market research will allow your team to make data-driven decisions to decide how your product will fit into the competitive landscape.

Demand for your product. Similar to understanding your competition, knowing the demand for your solution can help determine the success of your launch. It’s important to make sure the market isn’t oversaturated with similar options before releasing a new solution.

Planning the distribution. Getting your product to the masses is one of the last steps in a successful launch. Make sure your team has a plan, whether it’ll be through an app, third-party distributor, or a website purchase.

Step-by-Step Approach to Creating Your B2B Go-to-Market Strategy

Once your company understands the role a GTM plan will play in your product launch, it’s time to start creating the framework for your strategy.

Pinpoint the Problem

Before going any further, your team should focus on identifying the problem your product will solve. Understanding how your company is providing a solution in the current market will help guide your leads and customers to a purchase. The goal of your launch should be to address and solve a specific problem within the market.

Identify the Target Audience

Making sure the product information reaches the right audience is crucial for converting leads to sales. Starting off, your company can focus on determining who is experiencing the problem your product wants to solve.

Next, your team can start working on using an Ideal Customer Profile to define who would be the perfect customer for this product. This profile is made up of certain characteristics including demographics, geography, size, budget, and pain points. Understanding this information will help your marketing team tailor their messaging to attract quality leads that will translate to sales.

In a similar vein, understanding buyer personas will also help your team understand the best audience for your launch. Not all customers are the same, and it’s important to make sure quality leads aren’t getting skipped over. Buyer personas help your team differentiate between the unique customers your brand attracts.

Research Your Competitors

In many markets, including B2B, it’s important to know the companies that are selling similar products. Dig deeper into your competition to understand the audience they’re catering to, as well as the differences in your products. This information will help your team determine where your solution falls in the market.

Plan Your Messaging

Along with knowing your target audience, your marketing team will need to plan their outreach. Your team will need to segment audiences based on buyer personas to make sure the right information gets to each group. Making sure your efforts earn the highest ROI will boost the success of your launch.

Understand the Buyer’s Journey

Once you have a marketing plan in place, it’s time to map out the journey that your customers will take. This will help your team visualize the funnel your prospects go through while making a purchase. By having this information, your customer journey map can show any weaknesses or trouble spots in your sales journey, which allows your company to tighten up the process.

Create a Sales and Marketing Plan

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Determine which channels are best for your release, and begin creating content. This can include social media, SEO content, and email content. Make sure your chosen channels are utilized by your target audience.

Creating a sales plan means deciding how your product will be sold. It’s important to identify this process, so your sales team is able to convert leads to purchases. Determine if your team will be using a self-service model, inside sales, or field sales.

Set Goals and Create Processes

Using a GTM strategy helps set expectations for a product launch. By setting key performance indicators (KPIs), as well as using SMART goals, your company can measure the success of a release.

Creating processes will help your team know how to achieve the goals that are being set. This will help sales and marketing work together for the best results and encourage collaboration across all departments.

Tips for Creating a Winning GTM strategy for Startups and B2B SaaS Companies

Once you have a GTM strategy in place, your team can begin planning a successful product release. There is no one-size-fits-all when it comes to creating a GTM, but following the lead from other companies can help push your business to the next level. Startups and B2B SaaS companies can both benefit from creating a GTM strategy for their product launches.

For B2B SaaS, growing the user base and engaging new prospects is typically the end goal of a product launch. By taking part in community-led growth, your company can increase users and have a successful product release. This strategy focuses on leveraging your community for acquiring new leads and overall expansion.

If your company is a growing start-up within the B2B industry, utilizing a Sales-Led growth strategy can help boost revenue. This tactic requires time and effort from your sales and marketing team, but it means relying heavily on your sales team as a push for higher numbers. If your teams are aligned properly with a strong hand-off process between leads, this strategy can help scale your business and create successful product launches.

Click here to start your lead generation cycle to create a target audience for your GTM strategy by using LeadBoxer’s free trial.

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How to Close More Deals With a B2B Referral Program

How You Can Close More Deals Faster With a B2B Referral Program

In today’s digital world, your customers are skeptical. It is easy for anyone to say anything online. With all the information, your B2B customers will likely listen only to opinions from those whom they trust.

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The power of referrals is undeniable. Roughly 84% of B2B customers start their buying process with a referral. Additionally, companies with a B2B lead referral program have a 71% higher conversion rate.

Companies with referral programs sales stats

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What Is a B2B Referral Program?

A solid way to close more deals is through a B2B referral program. Referral marketing incentivizes satisfied customers to recommend your product or service to business decision-makers.

A referral program involves a process, often with a web page on which customers can enter business contacts. Occasionally, contacting representatives of referred businesses is not a B2B referral program. Instead, these recommendation programs track referrals and reward your customers when their recommendation produces a sale.

The Advantages of Having a B2B Referral Network

A network of customers who refer businesses to your brand can expand your B2B referral program and improve its effectiveness. Below are some advantages of a B2B referral network:

Increased Sales 

Word-of-mouth advertising is the basis of B2B referral marketing. When a prospective client is referred to you through someone they trust who loves your brand, they most likely will convert. Referrals can improve conversion rates by up to 71%.

A referral network builds relationships, improves customer experience and expands word-of-mouth advertising about your products and services. These three B2B referral program benefits increase sales. 

Lower Acquisition Costs

While getting new customers boosts sales, acquiring them can be expensive. It costs five times more to get new customers than keep current ones.

B2B referral programs lead to lower acquisition costs for new customers. Leads and signups recommended by a current customer are more likely to buy. This is because these new leads trust the opinion of the person who loves your product or service.  

Customer Retention Lower Acquisition Costs

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Lower Churn Rates 

You will have customers leave over time. Churn rate is the percentage of customers who stop doing business with you. You must have new customers to balance the amount of existing ones.

Besides lowering acquisition costs, a B2B referral program can lower churn rate. In fact, referred customers have a retention rate 37% higher than non-referred ones.

B2B referral marketing programs are powerful lead-generation tools that attract high-quality leads. These leads will likely stay and do business with you over the long term, reducing churn.

Increase in Customer Lifetime Value (LTV) 

Customer lifetime value (LTV) is the total revenue a customer generates for your business. LTV increases the more someone spends and the longer they are a customer.

A B2B referral program improves customer LTV with enhanced engagement with your company. Referred customers loyal to your business have a 25% higher lifetime value when recommended by friends, family members or colleagues. Customers will invest in your brand when the social proof and reputation of someone they trust are on the line.

Promote Brand Awareness 

B2B referral programs are excellent ways to promote your brand through word-of-mouth advertising. The more people talk about your brand, the greater your exposure, resulting in more sales. 

Brand awareness offers the following additional benefits: 

  • Builds brand equity
  • Makes scaling up easier  
  • Allows you to collect data on your audience for future marketing endeavors

Why B2B Referral Marketing Is So Effective

B2B referral programs increase the likelihood of closing deals. Below are some ways referral marketing is effective at producing sales:

1. Customers trust referrals.

Customers trust referrals from people they know. Reviews and recommendations from others perform much better than conventional advertisements. Studies show people are four times more likely to buy when referred by a friend.

2. Referred customers are more loyal.

When customers are referred to your company by someone they trust, they will stick around. Referral marketing helps potential customers start with a high opinion of your company.

3. Increase ROI

Referral marketing programs increase your return on investment (ROI) because it is more cost-effective than other forms of marketing. Getting customers through referrals can be up to five times less expensive than traditional advertising channels.

While there are costs with the rewards you offer, the benefits to your customers will be worth it. As mentioned, these referred customers are high-quality and will likely become loyal customers. 

Your B2B referral program can be even more cost-effective with the types of rewards you offer. Awarding points or credits to people who recommend your brand can be cheaper than giving an immediate gift or discount.

4. Increase your marketing reach

Word-of-mouth marketing is an effective way to spread awareness of your brand and build credibility. Customers trust you when they hear good things about your offerings from those they respect.

People who recommend your brand to others become your brand ambassadors, offering free advertising. Referral advertising is limitless since nobody can prevent people from talking about your business. You also expand your potential lead base as your ambassadors will have diverse circles of acquaintances. 

5. Easy setup

B2B referral programs are quick and easy to set up because many are automated. All you have to do is decide which rewards to offer and what people must do to earn the rewards. 

You can also create a referral marketing program by asking customers to share the name of whoever referred them. You then reward them according to what your program outlines.   

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6. Collect valuable data

B2B referral programs allow you to gather information on prospective leads and market trends. When you know your referrals, you can give them an engaging and personalized experience by meeting their needs.

7. Increase customer engagement

Consumers buy from brands that are engaging with them. Customers are more engaged in sharing your brand through a referral program. A B2B referral program will drive brand advocates back to your website, increasing the chance of a sale.

8. Boost your social media

B2B referral marketing allows people to refer friends to your business via social media. Incentivizing loyal customers to promote your brand on their social networks will expand your social media presence.

Referral Marketing Stats

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How to Build a B2B Referral Program for Your Business

You may be wondering how you start building a B2B referral program. The first place to start is to figure out the right rewards for your B2B referrals.

To offer the right perks, you must know your audience and provide rewards that your referrals will enjoy. Gift cards, discounts on goods and services and credits are popular B2B referral program rewards.

After deciding on your B2B referral marketing rewards, here are some things to consider when building your program:

  1. Establish a service agreement with a referral section built in. When onboarding new customers, let them know you appreciate and reward referrals.
  2. Request referrals either via phone or in-person from satisfied customers. If you get a glowing review from a customer, ask them to refer your business when thanking them.
  3. Send follow-up emails. After communicating your referral program to customers, follow up with an email campaign.
  4. Conduct customer satisfaction surveys and questionnaires. Ask your customers about the quality of their experiences with your brand and services. Follow up with the ones most likely to refer you.
Referral program steps

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Examples of Successful B2B Referral Programs

The benefits of having a B2B referral program have convinced you to create one of your own. You know what you need to get one off the ground, but what does a good referral marketing program look like? Here are some examples of companies with effective referral programs:

1. Bench Accounting

Bench Accounting is a fintech company that provides automated bookkeeping software. Bench Accounting’s B2B referral program offers a free month of accounting to friends of existing customers.

2. Airtable

AirTable offers an all-in-one solution for teams to collaborate and communicate. Their referral marketing program gives credits to those who recommend the company to others.

Those who refer others to Airtable receive 100 credits for new accounts and 25 credits should those customers upgrade. Credits go towards discounts and perks.

3. SurveyMonkey

SurveyMonkey is a SaaS company that allows businesses to create and analyze the results of surveys. SurveyMonkey uses referral software to run its program automatically. Their referral marketing program gives members $500 for every organization registering a SurveyMonkey account.

4. DigitalOcean

DigitalOcean provides businesses with a workforce management tool to help them with their IT needs. DigitalOcean offers many perks based on the actions taken by the referrals.

With their B2B referral program, members receive a $25 credit when a referral spends $25. Members receive $100 and a 60-day credit when a referral adds a payment method.

DigitalOcean Referral Program

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5. Hotjar

Hotjar allows businesses to analyze and understand the behavior of people who visit their websites. Their referral program offers different rewards for different levels of referrals

The top referrer receives a free lifetime business account. The top-five runner-ups get a free hoodie. Those who make five referrals get a free T-shirt.

6. Jawfish Digital

Jawfish Digital is a content marketing and web design agency offering clients content creation, web design and e-book production services. Their B2B referral program awards $100 Amazon gift cards to anyone who recommends their content or web design services.

Businesses that want to attract quality leads and close more deals need a B2B referral program. These marketing programs offer many benefits and are easy to set up and customize.

Conclusion

Check out LeadBoxer today to learn how it can significantly help your company increase its lead generation through custom lead scoring combined with 20 of the most popular and requested app integrations.

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Hyper Personalization Other Ways to Shorten the Sales Life Cycle

Hyper Personalization & Other Ways to Shorten the Sales Life Cycle

As we emerge from the COVID-19 pandemic, businesses are continuing to face a challenging economy. For those who weathered the uncertainty of 2020, current rising interest rates and inflation are pushing businesses to streamline spending as much as possible. Despite fears of a recession, there are ways to grow and increase revenue for B2B companies.

Strategically using marketing and other tactics to shorten the sales life cycle (SLC) can help your team capitalize on existing resources, while improving return on investment (ROI).

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What Is Hyper Personalization?

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Superb customer experience (CX) should be the chief focus of your sales and marketing efforts. This includes reaching out to your target audience in a timely manner and ensuring your messaging contains helpful information. Customers most want to know how your product relates to their needs!

Incorporating automation and taking advantage of data-driven marketing techniques can help improve the individual CX throughout your sales cycle. Rather than trying to apply a one-size-fits-all approach, hyper personalization addresses the unique needs of each customer to help close a deal. This method relies heavily on data collection and proper data analysis, which gives your marketing team an informed understanding of their target audience.

Before jumping into using this strategy, it’s important to create and know your ideal customer profile. Effective lead segmentation is also key for success.

While you can’t personalize your outreach for each individual customer, content should be segmented based on audience groups in similar stages of the buying process. This helps funnel customers through the sales pipeline by providing relevant product information on a timeline that suits their needs.

Instead of selling your product to the masses, hyper personalization provides educational content to help cultivate and deepen customer relationships. This happens by using data to help uncover more information about prospective leads and current customers. This data includes browsing history, content engagement, purchasing behavior, and their activity timelines.

This type of marketing allows your team to capitalize on money that’s already been spent, rather than upping the budget. Your company may need to invest in lead generation software that tracks website engagement and stores data. Once in place, a quality lead information platform can prove pivotal in boosting your ROI.

Costs will begin to decrease as automation, audience segmentation, and a streamlined workflow helps reach your customers. Research conducted by Deloitte shows that in return for more personalized service, 22% of customers are willing to share personal data. In the same report, Deloitte asserts evidence suggests companies can see an 8x increase in ROI when hyper personalization is executed properly.

Maximizing revenue with this tactic can come from boosting online sales, improving CX and increasing customer retention. Start with focused content that showcases your product and brand making it stand out from your competitors. By creating this content, your marketing team can push educational resources to customers throughout the sales cycle to aid their product research.

How To Implement Hyper Personalization Into Your Marketing Strategy

Once you understand the concept, implementing this tactic takes a bit of advance work. Through techstacks, automation, artificial intelligence (AI), and data analytics, your team can apply hyper personalization to shorten the sales life cycle (SLC).

  • Get to know your customers. While this seems self-explanatory, this strategy relies heavily on a deep understanding of your current clients and leads. Buyer personas and ideal client profiles are a great starting point for this.

Digging a little deeper into your current customers and their product usage can help you understand what motivates new leads to seek out your services. Take time to gather feedback from your current customers. This can be done through social media, sales conversations, and website forms.

Gather insight through analyzing website and content engagement. Understanding how prospects interact with your page can inform the content your team creates. This information can be gathered and stored through a lead generation tool like Leadboxer for easy access.

  • Create a strong techstack. Utilizing technology will help streamline your marketing process, remove siloes between sales and marketing teams and shorten the SLC. Collecting clean data is vital to this strategy, and technology is the best way to gather reliable information.

Invest in a lead generation and lead management platform that integrates with your CRM to update data in real-time. This technology will capture prospect information, segment and score new leads, and track content engagement.

  • Build your content strategy. Using the data your marketing team has gathered, begin crafting a strategy to push out content. This will be a collection of social media posts, educational content, and email marketing.

Rather than rolling out all of this content to every customer, your team should focus on audience segmentation for a hyper personalized experience. Consider trigger points for promotional deals or educational pieces. For example, if an interested lead fills out a web form, your site can offer an informational guide about your industry.

Segmentation will help make sure email marketing campaigns are being sent to customers at the right stage in the sales cycle.  By dividing groups based on being in similar phases of the customer journey, your content can help push customers to quicker sales conversions.

  • Take advantage of automation. Remove some of the burden from your marketing team, and replace repetitive tasks with automation. This will help eliminate room for human error from the marketing and sales cycle, while freeing up resources for other activities.

Using automation to send out content based on different trigger points can help you keep your  product top of mind with your customer base. Automated email marketing keeps prospects informed of changes and advancements in the service or product you provide. Automation also helps cleanse your data, as an automated process collects and stores information in real time.

Successfully Using Email Marketing For Targeted Outreach

What Businesses Think Of Personalized Emails

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Shortening the SLC requires good communication to help nurture customer relationships. While your salespeople may be making a good effort to connect with prospects over the phone, engaging leads with email marketing can help increase ROI.

Rather than spending money on prospecting, take advantage of the contacts your company has gathered over the years. These are leads who have already heard of your service or product, so capitalize on their brand awareness to re-engage them in the sales funnel. Continuing communication through triggered email newsletters or drip campaigns can ensure your team is reaching out at the right moment.

According to Hubspot, audience segmentation is used by at least 30% of marketers to help increase email engagement. Some brands have seen strong improvement through a combination of hyper personalization and email marketing.

For example, Naked Wine, an e-commerce wine company, successfully uses this tactic to personalize wine selections for their customers. Using customer reviews, they tailor their customer recommendations based on preferences shared by similar target audiences. With this strategy, Naked Wine saw an improvement in overall email engagement and a 40% increase in campaign conversion rate.

Using segmented email lists can help your sales team time align its outreach efforts with customer needs. Your team can track lead engagement to pinpoint when potential customers are gearing up to make a purchase.

Key Takeaways

Shortening the sales cycle is a great way to increase ROI during an economic downturn. With customers spending less time in the sales cycle, resources are freed to engage new leads and attract new prospects. Using hyper personalization can help your team strengthen customer relationships while simultaneously introducing new leads to your brand.

By segmenting audiences and ensuring relevant information is reaching clients during their customer journey, your sales team can pitch your product in a timely manner. Hyper personalization relies on up-to-date data and automation to run smoothly. Incorporating this strategy with a techstack that includes a lead generation tool can help boost your success rate.

Take time to understand your current customers. Evaluate the ways in which your products are meeting their needs. This information will help attract similar leads, while providing valuable insight into the ways clients interact with your brand.

Plan content accordingly, and utilize trigger points to get relevant information into the hands of the most eager customers. By having content ready for all stages of the sales cycle, communication can help prospects make informed purchases.

Automate processes to free up time and other resources for sales and marketing teams. By allowing technology to play a key role in this strategy, your team can avoid human errors and plan content with the most accurate data points.

Increase brand loyalty by promoting new services or product lines to satisfied customers through email marketing. Utilizing email for continued communication, even after the sale has been made, can help retain clients and encourage repeat purchases. Targeted outreach helps demonstrate your willingness to meet customers’ needs.

Get started with a free Leadboxer trial today to experience what quality lead generation, lead management, and easy integration with the popular tools you already use can do to improve your bottom line!

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Upcoming Trends in Lead Generation Management for 2023

Upcoming Trends in Lead Generation & Management for 2023

B2B lead generation services are an essential element of any successful marketing and sales strategy for 2023. Lead generation is the first step in creating a full sales pipeline. Along with lead qualification, lead management is an important tactic to use as customers begin their sales journey.

Understanding the upcoming trends across the B2B industry can help your team plan for future success. Lead generation is a proven methodology that has doubled in popularity since 2017.

To get started with your lead generation strategy, keep reading, or use the links below to “jump ahead”:

What Is a Lead Generation Strategy?

lead generation for b2b marketers statistics

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Simply put, lead generation is the process of finding prospects who may be interested in your product and adding them to your sales pipeline. These potential clients should be qualified and scored based on their readiness to make a purchase. Then, they will be handed over to either marketing or sales to continue their customer journey.

Creating a lead generation strategy will help your marketing and sales team plan out where their energy should be used. This strategy will help uncover new leads as well as re-engage those who may have fallen out of the pipeline.

More than half of all marketers are spending at least 50% of their budget on generating leads, yet only 80% of marketers rate their efforts as somewhat effective. Capitalizing and improving lead generation tactics can make a huge difference in return on investment (ROI) for marketing departments.

There are four main components of a lead generation strategy: lead capture, lead magnets, conversion techniques and lead scoring. Understanding all of these elements will help your company create a well-rounded strategy and take advantage of upcoming trends.

Lead Capture

Many buyers do their own research when looking for solutions for their businesses. There’s a good chance most start with a Google search and click through the web pages that pop up.

It takes at least three months for 63% of generated leads to convert.This means identifying, capturing and engaging website traffic is extremely important for filling your sales funnel with prospects ready to start their customer journey.

Capturing leads can be accomplished in a few ways, including contact information forms and the use of lead generation software. Software like LeadBoxer helps your team identify and score prospects based on their activity on your website. Using these tools can help your team gather contact information and interact with interested customers.

Lead Magnets

This component can help your team avoid losing touch with one-time visitors to your website. If your attempts to gather contact information are stalling, lead magnets are a great way to interact with the customer and begin establishing a relationship. 

A lead magnet is a type of content that provides value information to online visitors in exchange for their contact information. Lead magnets can be as simple as a free trial or webinar. White papers or eBooks are also great lead magnet options.

Educational blogs see 52% more organic web traffic than blogs focused on company information. Search engine optimization (SEO) still matters, and prospects are interested in the value your content can provide. This type of marketing material may persuade website visitors to join your mailing list or schedule a sales call.

When a prospect goes to register or download your gated content, they will need to put in their contact information, which allows your team to easily add them to the sales pipeline.

Conversion Techniques

Using a lead generation landing page is another way to gather contact information from prospects. Utilizing this practice can help your team stay on top of the newest trends for 2023. Currently, just 68% of B2B companies use landing pages for lead generation.

These types of pages serve two purposes:

  1. Adding customers to your pipeline while educating them about the services you can provide.
  2. Combining landing pages with ads is a great way to direct web traffic to your site.

Lead Scoring

Before pushing your generated leads to the pipeline, it’s important to rank prospects based on how likely they are to convert. This will help manage your leads and make sure customers are receiving communication that fits their current stage in the buying journey.

According to Hubspot, 79% of B2B companies lack an established lead scoring system. Adopting this tactic can put your team ahead of the curve, ready and able to take advantage of current trends.

As the B2B industry continues its emergence out of the COVID-19 pandemic, some lasting effects can still be felt. In 2023, lead generation strategy will continue to remain fully digital.

According to McKinsey, the majority of decision makers for B2B companies prefer the digital landscape. Relying on automation can help companies stay competitive in the B2B industry.

Webinars and video content will continue to grow as key components of marketing for the B2B buyer in 2023. Insider Intelligence found that webinars about the product are attended by 55% of prospects before they accept a sales meeting,

Implementing a chat bot may be a way to get ahead of competitors. While it seems like a lot of websites have chat bots available, only 33% are used to create conversions with marketers.

Taking advantage of this opportunity can help funnel more interested prospects into your pipeline. Research predicts the use of chat bots will help facilitate $142 billion USD of consumer spending by 2024.

What Is Lead Management? 

Lead Management Cycle

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Lead management is the strategy your marketing team uses to capture, qualify and track leads before passing them along to your salespeople. It is crucial to organize this data. If your company isn’t focused on executing a strong lead management system, resources and efforts will go to waste, which can contribute to an overall lower ROI from marketing costs.

Inbound leads can lower costs per lead by 61%; outbound leads tend to cost 39% more. This means using lead generation strategies and creating a successful management plan can help lower overall costs for your organization.

A main component of successful lead management is automation. Investing in the right software can help your team reduce manual labor, maintain clean data and analyze leads in real time. 80% of marketers believe incorporating automation into their marketing efforts helps generate more leads, as well as conversions.

Using LeadBoxer as your lead generation and management platform can help you identify, qualify, score and manage leads in one place. It also includes integrations that work seamlessly with other software in your tech stack. This helps streamline communication between sales and marketing departments.

Leadboxer successfully helps with data cleansing by using profile enrichment to update customer information. The platform also provides marketing insights, which helps give automatic data analytics for your team to use.

LeadBoxer’s Custom Lead Scoring Tool works to make sure your sales team is concentrating on customers who are most likely to convert. This cutting edge software automatically calculates a lead score using a variety of factors to determine how each prospect should be ranked.

By integrating with your tech stack, Leadboxer works with Google, HubSpot, LinkedIn, Mailchimp, Marketo, Outlook, WordPress and others to ensure your data is clean and leads are properly qualified.

Using lead management and qualification can help your company stay ahead of the curve. For companies working without automation, verifying leads and deciding their value can be a difficult challenge. 

Just 56% of B2B marketers verify a business and its information before sending the lead to sales. With Leadboxer’s platform, lead scoring is handled automatically, so marketing doesn’t have to worry about passing along bad leads.

The B2B Lead Generation Services Market

The B2B lead generation services market is trending upwards for 2023 and beyond. This data can help predict what to watch for in the coming years.

Experts predict the market will continue to benefit from technological innovation. With new advancements, products will continue to improve, which will increase usage across the industry.

The market is expected to expand to multi-millions by 2027. Reports show the 2021 market held a value of 1900.34 million USD, which is predicted to grow to 3733.52 million over the next four years.

Business Research Insights revealed challenges the industry may face in 2023 include a lack of awareness around its services. Smaller businesses need to discover the market so they can boost participation.

Get a jumpstart on your lead generation strategy for the new year, and see how LeadBoxer’s lead scoring feature can help your company with a free trial!

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Why a SaaS Business Model Can Help Your Startup Budget Evolve and Grow

Why a SaaS Business Model Can Help Your Startup Budget, Evolve, and Grow!

Running a software as a service (SaaS) business is exciting but challenging. By offering a digital product or service, a traditional business model won’t help your company scale. A B2B SaaS lead generation model is needed. 

Read on for the full article or “jump ahead” to the following topics:

SaaS Lead Generation Model

The traditional software business model is losing popularity compared to the SaaS model. With the former, lead generation is based on acquisition. With the latter, it’s based on customer retention. This is because it costs 5-25 times more to acquire new customers than it does to retain existing ones. 

The SaaS lead generation model shows how incremental improvements are highly profitable. Bettering customer retention by a small amount can greatly scale a SaaS company as customers support the brand. In fact, a 5% increase in customer retention can boost revenue by up to 95%.

Of course, you’ll need to have a scalable SaaS company in order to take full advantage of the SaaS lead generation model. Successful SaaS businesses have the following elements: 

  • Find an unmet need and offer a solution to it.
  • Have a minimum viable product.
  • Have a deep understanding of your market and customers.
  • Add product features based on customer feedback.

Once you launch a SaaS company, you are ready to implement your SaaS lead generation strategy. A big part of this strategy is subscription payments. 

How Subscription Payments Help Your Budget and Financial Forecasting

Subscriptions are the backbone of a SaaS business. Your budget and profitability likely depend on these predictable transactions.

The B2B SaaS lead generation model “rents” access to software users instead of charging a one-time cost. This subscription payment method is effective at generating a profit and scaling a business. Instead of relying on new customers to make a purchase, SaaS companies can safely depend on monthly subscription payments.

To get people to subscribe to your product or service, they need to become customers. Afterward, the customers need to engage with you to make those payments. The SaaS business model emphasizes the use of smaller, regular subscriptions. 

The SaaS lead generation model stresses the use of more frequent, cheaper subscription payments. Instead of converting prospects into customers and then having them pay you for subscriptions, you direct customers to your website. Once on the website, customers can sign up for a subscription. 

Regularly charging customers smaller subscriptions removes the high price that keeps some prospects away.  Additionally, this business model increases customer loyalty and upgrades, and reduces security vulnerabilities. 

These frequent subscription payments help SaaS companies maintain a healthy budget that helps them plan for the future. This is because the subscription payments are predictable. You’ll have consistent money coming in. 

The lower subscription costs help attract and retain more customers. A high customer retention rate means companies save on high acquisition costs. SaaS companies scale by relying on loyal customers to pay subscriptions. 

The Data-Driven SaaS Model

Companies that adopt a traditional business model tend to make decisions based on intuition and gut feelings. With SaaS lead generation, the emphasis is on data, and there are numerous tools readily available for data analysis. 

In the SaaS business model, information about website visitors and prospects is gathered and used to attract and retain customers. Prospect information leads the nurturing process. Data obtained in the SaaS model also helps the company to see which areas are going well and which areas need review. 

While it is easier than ever to analyze business data, an astonishing 73% of organizational data is never analyzed. This means non-data-driven organizations are not able to make the best decisions to scale. 

Barriers to harnessing digital analytics

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The Benefits of Customer Feedback

Customer feedback is some of the most valuable data you can get for B2B SaaS lead generation. When you make necessary feedback improvements, you acquire more prospects, have higher net revenue, and accelerated product growth.  

Feedback from current customers helps you identify your ideal client profile. The information you obtain can also be used to create buyer personas that direct your sales and marketing efforts. 

When you listen to your current customers, you provide better customer service and experiences. These go a long way in acquiring and retaining customers. Forward-thinking, customer-driven SaaS companies do the following: 

  • Segment their customers.
  • Design customer-friendly onboarding and in-app product walkthroughs.
  • Reach out to customers to increase engagement based on product data.
  • Create health scores on prospects and automate plans of action based on those scores.

With customer feedback-driven data, companies can meet their customers where they’re at. Your business can do its lead generation for SaaS with less time and cost using automated triggers.

The benefits of customer feedback include improvement of your product or service, higher brand loyalty, and better lead generation endorsements. These will help your SaaS lead generation efforts succeed and make your company grow.

Creating a flow of qualified leads

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Improve Your Product or Service

Under the traditional business model, the sales team is responsible for pushing product or service upgrades onto customers. This creates a one-sided, transactional relationship between a company and a buyer. As a result, customer service dwindles and buyers don’t have a positive experience. 

With lead generation for SaaS, the customer success team drives customer attainment and upgrade conversations into authentic experiences. When customers don’t feel pressured to upgrade but have positive relationships with a brand, they are more likely to convert. When clients have a good experience with your brand, they will enjoy your product and be eager to upgrade. 

SaaS lead generation increases net revenue retention (NRR), which indicates potential business growth from customers. This metric measures recurring revenue from existing customers. Upgrades, churn, and downgrades are included in the NRR. 

Automation helps your customer success team in getting upgrades and renewals. Your sales managers will be freed up for high-risk accounts. Automation enables your customer service teams to better their outreach prioritization with growth likelihood and churn forecasts. 

SaaS B2B companies that use automation give customers consistent service that leads them to value a brand, product, or service. These businesses rely on user experience gained from customer segmentation, behavioral data, and buyer’s journeys. Through data and analytics, SaaS businesses can improve the adoption of their product or service. 

Increase Brand Loyalty

Customer feedback can help increase brand loyalty by letting companies know how to improve and better meet customer needs. You can better market your product and service to meet the pain points of your customers. 

You can develop a customer journey map once you know their needs. Monitor your customers as they go through the sales process. If a customer stalls in the funnel, your team can intervene to keep them progressing forward.

Conversely, if a customer masters your product or service, you can use feedback to upgrade or upsell advanced features. Strategic touch points along the buyer’s journey help sales teams track customer engagement throughout their lifecycle. 

These touchpoints go beyond specific milestones such as onboarding and renewing. Observing customer behavior, where they are at, and what they need, creates more touchpoints. Additional touchpoints lead to reduced churn, customer value maximization, and improvement in customer service. 

Encourage Endorsements for Lead Generation

Word of mouth is one of the most powerful SaaS B2B lead generation strategies. People are more willing to do business with you when they see others benefiting from your products or services. Endorsements are a great way to up your lead generation.  

Endorsements of a product or service are through a distinct, outside party, usually an influencer, celebrity, or industry titan. These people or companies help sell your product or service to your customers. Credible spokespeople boost your company’s brand so your products and services appeal to and are trusted by a wider customer base. 

Product and service endorsements are an important component of lead generation for SaaS. This is because the SaaS business model is customer-centric. Customers are skeptical of working with a business unless its brand, services, and products get approval from trusted others.  

Word of Mouth Marketing Statistics

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Importance of Nurturing and Retargeting

To scale a SaaS business, you must attract and retain customers. B2B SaaS lead generation is customer-centric. Each person in the company needs to make customer success their priority. 

One way to get lead prospects interested in your brand, service, or product is through retargeting. This effective advertising strategy shows targeted, customized ads to each prospect. The tracking of a customer’s interaction with a business’s website generates these ads. 

Retargeting is a way to get prospects into your sales funnel to begin the nurturing process. These ads keep your business at the top of a customer’s mind, making it more likely they will convert. 

Lead nurturing is also important and is tied to retargeting. Nurtured prospects are higher quality and more likely to make a purchase. 

Nurtured leads will have consistent interactions with your brand and are more likely to convert. They will know your brand and what you offer. The personalized treatment they receive will give them increased confidence in your company. 

Why a SaaS Business Model Can Help Your Startup Budget, Evolve, and Grow! Read More »

7 Reasons for the Growing Demand for Lead Management Software

7 Reasons for the Growing Demand for Lead Management Software

You know how important it is to find potential customers most interested in your products or services. These are the consumers who will make a purchase. Quickly finding these prospects with a lead management platform shortens your sales cycle, increasing profits. 

To learn more about lead management software and the importance of qualifying leads, keep reading or use the links below to jump ahead:

The Purposes of Lead Management Software

To make any sale, you need to invest in building relationships with the best prospects. 

Relationship-building takes time and energy. A lead management platform helps salespeople qualify good leads and disqualify bad ones.

Why is it important to qualify leads? 67% of lost sales are a result of sales reps not properly qualifying potential customers. Unqualified prospects will not go through the entire sales process, so they won’t become paying customers. 

Qualifying leads will not only result in more sales. It shortens your sales cycle and betters the use of your sales team’s time by focusing them on ideal leads. Sales teams can prioritize building relationships with the most promising prospects with lead qualification tools.

There are people out there who want your product or service. Lead qualification software helps your sales team identify and build relationships with them. Engaging the right people will bring more sales at a quicker pace.  

LeadBoard

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What Is Lead Qualification?

Lead qualification is the process of identifying prospects most likely to make a purchase. The process prioritizes the nurturing of the most promising leads.

Below are the three types of qualified leads: 

  • Marketing qualified leads (MQL): These leads gain interest in a brand, product, or service through marketing strategies. These leads come by clicking on a link in an email, downloading an e-book, or subscribing to a newsletter.
  • Sales qualified leads (SQL): These leads are interested in a brand, product, or service after interacting with a sales representative. They often will ask about pricing and agree to a presentation or demo.
  • Product/Service qualified leads (PQL): These leads are interested in a company, service, or product. They usually contact a salesperson after a free trial or consultation.

Lead management platforms identify the prospects your sales team needs to prioritize in nurturing. Qualified leads will progress through the sales funnel at a more rapid rate, resulting in revenue.

MQLs vs Other Types of Leads

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Lead Qualification Tools

Qualified leads are crucial in generating revenue for your organization. Lead qualification tools can help you quickly identify your most promising prospects. Here are some lead qualification tools you can use to attract and nurture quality prospects: 

Interactive PDFs

PDFs are effective ways of informing people in a way that is easily accessible. They are downloadable, saveable, and shareable.  Interactive PDFs add engagement and shorten your sales cycle.  

Interactive PDFs are lead qualification tools that allow you to add filtering questions, thereby identifying your most promising prospects. These PDFs can help tailor your follow-up and move them quickly down the funnel. 

Solution Finders

Other effective lead qualification tools are solution finders. They help identify and provide a custom-tailored solution to a customer’s problem. When leveraged appropriately, solution finders can shorten the sales cycle. 

Solution finders, also called product pickers, help leads navigate the various products or services your company offers. Prospects get personalized product or service recommendations with short assessments. 

Qualified leads may not always know what they want or the best solution. Through solution finders, you help prospects avoid frustration and headaches. This goes a long way in building relationships between your salespeople and customers. 

ROI Calculators

ROI calculators work similarly to solution finders in that they provide tailored customer service. These tools generate numeric results for each lead based on a formula generated by customer input. These calculators quickly identify and evaluate pain points, speeding up the qualification process. 

ROI calculators offer personalized, valuable content tailored to each stage of the buyer’s journey. ROI calculator data can be used for scoring, disqualification, and trigger campaigns.

ROI Calculators

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The Lead Qualification Process

Leads don’t automatically get qualified or disqualified on their own. There is a lead qualification process that is simplified using lead qualification tools.

1. Establish Lead Qualification Criteria

The first part of the lead qualification process is establishing prospect criteria. This has two parts: whether the lead is a good fit and how interested the lead is in your offerings. 

When looking at whether a lead is a good fit for your offerings, use the BANT methodology. This looks at the following four factors a lead will consider when faced with a buying decision. 

  • Budget: What is the financial capacity of the lead to make a purchase? What budgetary constraints are there that will affect their willingness to spend? 
  • Authority: What is the lead’s position, authority, or power to finalize a deal or make a purchasing decision? 
  • Need: How useful are your products or services for meeting the wants and pain points of the lead? 
  • Timeline: When does the lead need to make a purchase? 
What is BANT

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2. Lead Generation

The second stage of lead qualification is lead generation. Once you have the qualification criteria set up, you’ll need to attract prospects. There are a variety of inbound and outbound strategies you can use for lead generation.  

Inbound lead generation involves methods to get leads to come to you. These include referrals, social media ads, and web form submissions. 

Outbound lead generation strategies involve seeking potential leads and using sales strategies. Cold calling, introductory emails, and meetings are examples of outbound lead generation activities. Once you’ve generated leads, you can begin the process of qualifying them. 

3. Lead Score and Categorization

Once you have your lead qualifying criteria and the prospects pouring in, it’s time to score and categorize them. The leads that show the greatest interest through your inbound or outbound sales activities will earn more points.

It’s important to separate sales and marketing qualified leads. As you’re interested in sales leads, assign fewer points to prospects that interact with your marketing campaigns. They will be nurtured differently. 

You can score and categorize leads manually, though lead management platforms and customer relationship management software does this automatically. After you score your sales prospects, it’s time to rank them. 

4. Distribute and Rank Leads 

Once you generate your leads and score them, it is time to distribute and rank them. MQLs and SQLs require different lead nurturing techniques. 

For example, a sales qualified lead will get a sales presentation or demo to understand your product or service better. Each sales prospect should be ranked and prioritized by lead score or BANT analysis.  

To nurture MQLs, offer more in-depth content. Start with emails and free trials for top-of-funnel prospects. Offer an e-newsletter and then whitepapers and e-books to bottom-of-funnel leads.

Once you categorize and distribute your leads, it’s time to rank them. Lead qualification tools prioritize sales-qualified leads with the highest score and rank. These will be your most qualified leads.

5. Continue Qualifying Leads Throughout the Pipeline

The last step for lead qualification is to continue down the steps of your sales pipeline. The goal of lead qualification is to move prospects through the funnel. 

For SQLs, your salespeople may ask additional probing questions during presentations and demos. They are qualified and nurtured to move on through the sales funnel.  

For marketing-qualified leads, you need to get them sales qualified and handed over to your sales team. MQLs will continue receiving lead scoring points as they show additional interest and interact with your campaign. 

Lead management platforms that qualify leads make it easier to move prospects through your funnel. The quicker leads become paying customers, the more closed sales you’ll have.

Steps to Effective Lead Scoring

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The Importance of Qualifying Leads

Every company has a sales process or funnel whereby prospects enter as mildly interested leads and leave as paying customers. Along the way, you employ various marketing and sales tactics to move them onto the next stage. If your sales process is long, there are more opportunities for leads to drop off before becoming customers. 

When you nurture your ideal prospects, they quickly progress through your sales funnel. As they are already excited and knowledgeable about your service or product, a long sales process is unnecessary. 

Lead qualification tools shorten your sales cycle. A shorter sales funnel leads to more conversions and quicker sales.

The Growth of Lead Management Software

Lead management software is by no means going away anytime soon. Lead qualification software use will increase. Technavio predicts that the lead qualification solutions market will increase by 17.5% between 2021-2028.

Some of the driving factors that contribute to the growth of lead management platforms include: 

  • The development of cloud-based and SaaS software and solutions (especially on mobile)
  • Increased demand for social interaction between companies and consumers
  • The heightened popularity of crowdsourcing 
  • The increase in CRMs integrating lead qualification into their marketing and sales automation platforms
  • More companies looking to improve the relationship between their sales and marketing departments
  • The higher likelihood of sales conversions
  • The increased need for enterprise-level lead management software

With information at their fingertips, your leads and prospects will be selective about who they do business with. Building relationships and nurturing the right people will make them paying customers. Lead qualification platforms do this.

Lead management platforms like LeadBoxer are becoming increasingly popular because they allow salespeople to focus on the most promising prospects. There are various lead qualification tools to move prospects through your funnel. Maximize your prospect generation efforts by following a lead qualification process. 

7 Reasons for the Growing Demand for Lead Management Software Read More »

The Growing Importance of Product Led Growth in B2B Selling

The Growing Importance of Product Led Growth in B2B Selling

Remaining competitive in the B2B sales industry relies on customer retention and overall satisfaction. Many companies are embracing the idea of product led growth (PLG) to help boost their numbers and increase brand loyalty. 

It seems obvious you must have a good product, but the value of providing quality services continues to increase. PLG is more complex than simply having something worth buying. It relies on ensuring a user-friendly experience and excellent customer service to create lasting relationships.

Marketing is no longer the only way to push leads through the sales cycle. By combining a focus on the customer experience, sales and marketing can create a cohesive end goal. Not only does a product centric approach help align departmental goals, it allows the customer to have a voice throughout the sales cycle.

To learn more about the ways your team can benefit from PLG, keep reading, or use the following links to jump ahead:

What is Product Led Growth (PLG)?

Like many trending B2B strategies, product led growth is not a new concept. It is, however, an important strategy to empower customers and retain sales. As PLG continues to increase in popularity, your team should better its understanding and implementation of the concept.

Simply put, PLG allows the product or service to drive sales and retain customers. This relies on several factors like ease of use and excellent product experience. Rather than expecting marketing to do the heavy lifting for brand awareness, this strategy incorporates product functionality directly into the sales process.

By putting the product at the center of all conversations, it can help align goals across departments and boost business growth. This also means employees will be working toward the single objective of excellent product experience for all customers.

Through this all-company collaboration, more people are introduced to the user experience, which drives conversations with customers from all angles. However, PLG isn’t solely based on your team’s understanding of the services your company sells.

Another key component of this strategy is allowing customers to see the product value before asking for a purchase. This means having a strong user experience that allows prospects to dive deep and trial the product on their own. 

Rather than watching product demonstrations or Q&A webinars, customers should be able to test the functionality on their own. Through implementation of this strategy, success relies on overall customer satisfaction before a sale has been completed.

For example, free trials work hand-in-hand with product centric approaches. Allowing customers to test how the product can provide solutions to their unique problems helps provide valuable insight before purchase. It also allows prospects to address concerns and work out potential problems with a company expert. 

PLG helps instill confidence in clients through transparency of service. By providing an inside look at user experience, your team can boost customer satisfaction and increase overall retention rates. 

Product Led Growth Public Companes

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It is not surprising that the B2B industry saw rapid digitization during the COVID-19 pandemic. Before this sudden shift to virtual sales, leaders in the industry were finding ways to innovate customer experience through increased use of technology. While the pandemic sped things up, trends like PLG are here to stay.

Buyers have the resources to be more educated than ever on products before making a purchase decision. This means remaining competitive in the industry relies heavily on customer experience throughout the entire sales cycle. 

As brands continue to have an increased online presence, customers are able to interact with products before they even speak with a salesperson. In fact, research shows 94% of B2B buyers perform online research before initiating contact with a sales team. 

Educated buyers are now interacting with demos and free trials as early as possible in the sales cycle. Rather than wanting to speak with salespeople for a product introduction, clients are eager to have a hands-on approach to testing solutions. According to a 2015 Forrester survey, almost 75% of buyers would rather make an online purchase than go through a sales team.

This has shifted initial sales conversations to focus more on product details and the technical capabilities of products. Customer preparation has led to an expectation of expert customer service throughout the sales process. In most cases, buyers want salespeople to act in tandem with the website so they can navigate the process alongside an expert.

The Benefits of a PLG Strategy

Product led funnel vs Traditional funnel

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To understand how this strategy can benefit your business, it is important to make a comparison between traditional growth methods. Starting off, marketing teams usually qualify leads through online interactions like targeted ads, web forms, and email marketing. From there, leads enter the sales funnel and the salespeople reach out for an introduction.

Next, the sales department focuses on showcasing product benefits and providing details on how the product can provide needed solutions. If interested, the customer chooses to make a purchase. 

Once the sale has been completed, the customer works with the success team for onboarding and implementation. Assuming things go well, the customer becomes a repeat buyer and the sales cycle restarts.

The traditional strategy allows for a long period of time before the customer is introduced to the product’s functionality. In a time where buyers are prone to making quick decisions and competitors can offer easy demos, following a traditional timeline may not land your company the sale.

In contrast, PLG allows the prospect to jump right into the product. Marketing and sales departments act as experts to help guide customers through the user experience. Rather than client information being captured from online traffic, this cycle starts as soon as the customer signs up for a trial.

Known as product-qualified leads (PQLs), these clients begin interacting with the product as soon as possible. Rather than waiting to be contacted by a salesperson, clients are most often familiar with the brand before the introduction occurs. Once a salesperson reaches out, the conversation can focus heavily on the client’s specific areas of interest, potential personalized features, and any other questions the customer may have about the product.

This kind of transparency is a huge benefit to companies. PQLs convert at a rate 3-4x higher than traditional marketing leads. When customers feel confident in a product before making the purchase, retention increases. 

PLG is a great way to gather feedback from customers and improve overall product functionality. When the product is a driving force behind sales, customers are able to provide honest feedback to companies about their experiences.

When a sale is completed, your team is able to hear what was the deciding factor. On the flip side, offering your customers a free trial of your product, even if the sale falls through, helps provide insight into areas that need improvement. 

This strategy is cost-effective. Customers begin the onboarding process by themselves, which frees up your employees to concentrate on providing excellent customer service. Less time and money are wasted on deals that don’t come to fruition. 

Providing a better user experience increases customer retention and provides incentives for word-of-mouth advertisement. When clients are able to test out a product for free, they are able to share this information with others in their network who may be looking for similar solutions.

Since there are no hold-ups on anyone being able to trial the service, these leads come directly into the pipeline once they sign up. Along with increasing a user base, this helps speed up the sales cycle. 

Gaining valuable customer contact information is easier when your product leads the marketing strategy. Usually, web traffic may visit a page or interact with an online ad, but their contact information might never reach your pipeline. Since users have to fill out a full form for free trial access, your marketing team is able to take PQLs directly to the sales team.

For example, when using Leadboxer to capture web traffic, your team can tell these customers are already qualified and scored since they began the demo. This pushes them to the top of the sales cycle, which allows for speedy outreach from your team. By encouraging a quick turnaround time, PLG helps outreach happen faster while leads are still interested in the product.

Implementing PLG Into Your Business

Before jumping into this strategy with your employees, it is crucial to understand PLG is a long-term approach rather than a short-term fix. Implementation will take time and resources to be successful. It may require departmental changes and an overhaul of the company mission to ensure a product-centric focus. 

When implemented correctly, PLG will help lead your team to higher sales and increased customer retention. Below are tips on successfully getting started and utilizing a PLG strategy:

1. Evaluate your product

Having an intimate understanding of your product, including its flaws, is the first step in implementing a PLG strategy. Before it can sell itself, your company needs to thoroughly understand the value the product brings to the market. 

Evaluation can begin with a few simple questions:

What is the core function? What solutions does your product provide to customers? What feedback is most often received?

Compare your product to the competition. Notice the similarities and differences. 

Find the best way to engage prospective customers when speaking on these topics. Educated clients are willing to ask directly about these types of variances. Be prepared to answer honestly during these conversations.

For example, your product may lack certain features compared to that of a competitor. However, your starting price point may be lower. Understanding how to explain this to prospects will help build trust within the relationship.

2. Focus on the customer experience

When the customer is driving the sale through self-education, a user-friendly experience is crucial to finalizing a deal. Beginning with initial onboarding, signing up for the product should be self-explanatory and easily accessible. Prospects are eager to get started, so the sign-up process should be quick enough to hold a customer’s attention.

Sales conversations should bring value to the customer. Rather than relying on old-school tactics, your team needs to focus on acting as product experts to prospective clients. 

Removing fluff from these interactions is one way to increase trust within the relationship. Make sure customers feel like they took away valuable information from each conversation with your salespeople.

Allow ample opportunities for clients to provide feedback. Not only will this help customers feel more valued, but it will give your team vital information regarding potential product improvements. 

Customize features when possible. Buyers love the idea of personalization, especially when they’re looking for solutions to unique problems within their organization. 80% of customers favor the ability to customize their user experience. 

3. Provide continuous onboarding

In the initial onboarding process, users will be signing themselves up for a trial. That doesn’t mean your team should take a backseat to onboarding, though. Instead, customer success teams should concentrate on secondary and next-tier opportunities to increase user engagement.

Customer retention increases when there is a strong need for your product. By encouraging clients to continuously use new features and engage with your software, your product will quickly integrate into their daily workflow.

This is another opportunity to allow conversations with customers about their user experience. As they add more features to their product usage, make sure your team is doing their due diligence. 

Having check-ins about new features during the continuous onboarding process will help your team have internal conversations about product performance. This allows your team to collect data on what is working, as well as find areas that may benefit from improvements.

4. Align departmental goals within your company

Overhauling long-term business strategy can be a big undertaking. For success, departments must be on the same page about the company’s mission. When practicing a PLG strategy, marketing and sales teams will be trying out nontraditional tactics.

It is important to make sure the product is always central to the mission. Marketing teams should work closely with sales and customer success to understand the feedback being given. Adjust your marketing outreach to lead with the product.

These efforts from all departments should encourage excellent customer journeys and work to increase brand loyalty. Even though the product and customers are doing a lot of heavy lifting, it is still the goal of your team to provide value throughout the sales cycle.

5. Tailor your marketing practices to showcase the value

Since much of the beginning sales cycle in PLG strategy involves solitary customer research, messaging is key. Customers will want to see an overview of key features as well as pricing when comparing brands.

Make sure your pricing sheet is accessible and easy to understand. Marketing content should help explain how clients can benefit from the premium version of your product. Simple explanations of which plans work well for specific groups can encourage prospects to explore the features that are most relevant to their needs.

Online resources, like blogs or social media posts, should showcase the features your product offers. Many users will be looking at multiple options during their research. It is important to make your product stand out by providing valuable information about the user experience rather than fluff content.

6. Utilize upsells and premium features 

Once a sale is made, the goal should be to encourage repeat purchases from that customer. This typically happens through contract renewals, but there is an opportunity to add more revenue through upsells and new features.

If a client is thoroughly enjoying the service your product provides, your team should brainstorm ways new features may bring additional value. Asking customers what they want to see in future rollouts is a great starting point.

Offer items in discounted bundles or find ways to include an option for premium features. These types of add-ons may be an easier sell once clients are familiar with your product. Ongoing outreach from the sales team to current customers is crucial for landing these upsells. 

7. Encourage user referrals

PLG provides ample room for customers to refer your product to others in their network. If your trial period is easy to access, prospects can sign up and get started within the same day of hearing about your product. 

Capitalize on your customer experience by offering a referral program that incentivizes current relationships to bring in new business. This type of program can help boost brand loyalty, as clients can continue to tell others about your product.

According to McKinsey, a recommendation from a trusted friend or colleague is 50x more likely to result in a purchase. This helps boost your overall return-on-investment (ROI) since referrals typically cost less than acquiring a brand-new lead.

User referrals can help boost overall customer satisfaction. Current clients will feel appreciated when their recommendations are rewarded by the brand.

8. Follow through on your advertisements

When customer experience is a major driving factor for sales, following through on promises is crucial. The classic saying ‘under promise, but over deliver is a good motto to have when implementing PLG.

Your product will be doing most of the selling, and it should be able to stand alone while customers are participating in a demo. However, if your salespeople make promises about product features or capabilities in conversations, it is important to see them through.

Transparency is huge when utilizing product led marketing. It will negatively impact customer retention if users don’t see sales agreements come to fruition. 

This comes into play when customers are making the transition from the free trial to the premium version. If your team offers specific features or personalized capabilities, it is crucial to ensure these are available as soon as onboarding begins.

Clients have educated themselves on the benefits of your product versus your competitors. Since they’ll have spent time with your services, they will notice any lack of follow-through on promises. 

PLG relies heavily on customer retention, and the easiest way to lose a relationship is by not providing the right service. Make sure to have honest conversations about the features your product has, and address any concerns as soon as they arise.

9. Use data to drive product choices

PLG strategy relies heavily on accurate data to understand the customer’s needs. Data analytics will help your company ascertain what value users are receiving from your product. This information can also help develop product improvements as your team rolls out new features. 

When implementing a PLG strategy, it is important for your company to equip itself with the right tools and resources for success. Make sure you have a way to track data and pilot the user experience. 

Along with using these kinds of tools, manage expectations among departments by setting KPIs and reviewing targeted goals. This allows your employees to easily measure success throughout the process. 

Key Takeaways

Product led growth may be the newest trendy buzzword in the B2B industry, but the strategy is here to stay. In order to remain competitive, your company should be looking at the long-term benefits of a product-centric approach. 

As customers continue to push for more virtual sales options, your product will need to be able to sell itself during the trial phase. Focus on having your salespeople become experts on product features. Tailor your marketing to showcase features that set your product apart from competitors. 

Understand the best way to implement PLG into your organization. Invest in the right resources to ensure this strategy increases your customer base and retention. 

Allow user experience and customer feedback to drive initiatives within your departments. Build lasting customer relationships through transparency. By focusing on the customer experience and product value, your company can benefit from this strategy.

To get started with Leadboxer, click here for your free trial!

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The Value of Pre CRM and Marketing CRM

The Value of Pre-CRM and Marketing CRM

Using a Customer Relationship Management (CRM) software and strategy is vital to a successful B2B sales team. CRM software has become a major asset for many companies as it helps organize, integrate, and streamline customer management.

With more businesses offering remote or hybrid work options, keeping up with customers has begun to rely heavily on the successful use of CRM software. While using a CRM is great once a lead has come into the pipeline, there is value in developing a pre-CRM strategy.

To learn more about the function of pre-CRM strategy and the usage of a marketing CRM, keep reading or use the links below to jump ahead:

What Does Pre-CRM Mean?

Traditional vs Modern CRM

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Tracking website activity and importing potential customer data into a CRM is usually the first step in creating a relationship. Although, there are probably more website visitors than contacts in your CRM. Not every prospect is going to input data into your web forms, so there needs to be a strategy in place to anticipate prospects who may eventually enter the sales pipeline.

Having a Pre-CRM strategy means your departments are working to improve initial customer interactions to begin developing a strong business relationship. Before companies were able to have a strong digital presence, salespeople needed to greet customers and have organic interactions to cultivate their pipeline.

By taking these old-school tactics and adapting them to fit your company’s digital presence, the pre-CRM stage can help present your company to prospects. Engaging potential customers before they’ve been entered into your CRM can be tough. Utilizing social media, email marketing, and a website can help introduce your brand before customers are familiar with your team.

Most importantly, taking advantage of the Pre-CRM stage means your company is using its marketing and digital presence to help create product awareness. Many customers only become active when they have a need, but engagement can start before then. Marketing should focus on sharing what your company offers while allowing customers to interact with your content.

Reaching Out to Pre-CRM Leads

How do you reach out to customers before you know their needs, or before they understand what your company specializes in? Finding ways to engage pre-CRM leads takes creativity, but the payoff can help boost your sales pipeline.

Thinking of it as similar to greeting customers in the offline world can help map out the best way for outreach. Find ways to humanize digital communication, like displaying employee profiles and making contact information readily available. Encourage engagement through chatbots, and utilize video features to showcase products and salespeople.

The goal of this outreach is to improve initial customer impressions. When your company is able to create a positive first touchpoint, prospects will be more inclined to continue engagement with the brand. This will help filter leads in your pipeline and CRM, which will help boost sales. 

What Is a CRM?

Customer Relationship Management (CRM) is software that can be used to manage your company’s relationships and interactions with clients and prospects. This technology helps streamline your business, grow your pipeline, and organize goals across departments.

A CRM can be used throughout the entire customer lifecycle, including marketing, sales, and customer service. This software stores prospect and customer information, which helps build out your database for maintaining relationships.

By keeping data all in one platform, your CRM can help make sure all of the necessary steps are being done to provide clients with quality service. It also allows your teams to track customer engagement, plan outreach, and identify future sales opportunities.

Many teams have turned to a remote or hybrid working environment, so utilizing a CRM can make a big difference in collaboration when employees are stationed across multiple locations. This software can also align your sales and marketing departments to tighten up the lead generation and nurturing process.

Along with creating more efficient workflow within departments, CRMs can integrate with other technology to streamline the sales process. Many CRMs have the ability to work with your current tech stack to free up time and resources for customer outreach. For example, Leadboxer integrates seamlessly with CRMs to improve lead-generation processes.

The CRM Cycle

CRM is a great strategy for improving the quality of your outreach, and in turn, creating stronger customer relationships. Rather than aiming to cast a wider net, successful customer management will help encourage repeat sales and brand loyalty.

There are seven stages within the CRM cycle, and each plays an important role in customer success. Walking clients through this journey will help fill your pipeline with quality prospects and increase sales.

The Pre-CRM stage begins with brand awareness and creating an environment that encourages customer engagement. Inputting a new lead into the CRM happens once your team has contact and basic information about the prospect. Log the details in your CRM and begin walking them to the next step in the cycle.

Once a prospect begins interacting with your brand, like clicking on an email link or filling out a web form, the nurturing process can begin. By using features in your CRM software, you can tag clients and track their engagement. This helps your sales team determine which leads are cold or warm.

Moving toward the sales opportunity happens once a lead schedules a sales call. This moves the customer from warm to hot. 

Your team should be tracking the movements of this client as they move through the sales funnel. Enter the details from the sales call to log the outcome in your CRM. This helps your team see which leads are actively working their way toward closing a deal.

A little over halfway through the cycle, the goal is to have hot leads converted into closed deals. Once the client says ‘yes’ to your sales pitch, you can consider them an active customer. 

However, the CRM cycle does not end here.

Next, delivery of your product or services should be scheduled. It’s important to create follow-up reminders to keep in touch with the customer as they begin using your product. This phase should also include gathering feedback and providing any additional training or information that the customer may need to be successful.

Instead of moving on to the next cold lead once a deal has been completed, try bringing your customers into the ‘upselling’ stage. If clients are happy with the product and experience they’ve had so far, pitching an upgrade in your services can help boost the overall sale. Engage with customers to see if there are any additional needs your team can help fill.

Lastly, the CRM cycle relies on continuity to cultivate strong customer relationships and promote lasting brand loyalty. Continue reaching out to current clients. 

Schedule regular check-ins and encourage feedback. These actions can help increase repeat purchases throughout the length of the business relationship.

The Benefits and Challenges of a Marketing CRM

CRM Strategy Enablement

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Implementing a CRM can play a huge role in the success of your marketing department. Since the goal of marketing is to create awareness and generate leads for the sales team, a CRM can help align the efforts of these departments.

By breaking down barriers to avoid organizational silos within your company, a CRM helps increase the flow of information between teams. This will improve the overall quality of customer service as your marketing campaigns direct qualified leads into the sales pipeline. 

As website visitors interact with content and email recipients click on links, a marketing CRM can help your team track these actions to qualify leads. By integrating with other technologies like lead generation software, the CRM increases conversions and campaign effectiveness.

While a CRM can be a huge asset to many companies, there are a few challenges to be aware of before implementing the software. For employees who are unfamiliar with the system, learning how to use a CRM effectively can be a daunting task. Provide extensive training to make sure your team is confident in the program.

Integration with tech stacks is a great benefit to using a CRM, but it is important to make sure the CRM you choose works with your current technology. Marketing campaigns can benefit from tracking customer engagement, and a marketing CRM can help organize this data. 

Key Takeaways

A Pre-CRM strategy can help humanize your company and begin nurturing leads before they have entered your pipeline. Use this strategy to create positive brand awareness with potential prospects. Encouraging early engagement will help drive customers to your business when they have a need for your product.

Utilizing a marketing CRM is a great way to create a communication flow between departments and increase campaign effectiveness. Tracking and tagging engagement from customers can help inform future marketing efforts and outreach for sales pitches. 

To see how Leadboxer can integrate with your CRM, click here for a free trial!

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Automated Lead Sales Intelligence Platforms

Automated Lead & Sales Intelligence Platforms: The Key to Successful Sales Strategies

Automated lead generation software is paving the way to success for B2B companies. These highly integrated platforms have continued to rise in popularity. For businesses who want to keep a competitive edge within their sales and marketing departments, lead generation software has become a necessity.

Diving deeper into the market trends and forecasts, several reports have closely inspected how lead generation and automated marketing will trend through 2029. Keep reading, or use the links below to explore these findings:

According to an Insight Partners study, the lead generation market was valued at 3,103.80 million USD in 2021. It is expected to see a compound annual growth rate (CAGR) of 17.5%, and reach a value of 9,589.11 million USD by 2028.

The Global Lead Generation B2B Software Market Research Report 2022 shows that the lead generation market is split up into four areas. They are lead capture software, lead intelligence software, lead mining software, and lead scoring software. 

These sections each play a role in successfully generating and nurturing leads while saving companies time and valuable resources. 20% more sales opportunities are created when leads are properly nurtured. However, 65% of B2B companies have not established a process for lead nurturing.

Technology-driven processes are crucial for companies to identify quality leads. In fact, 44% of marketers are already using software like automated marketing for lead scoring.

On average, sales leads for B2B companies can cost between $31 and $60. Within six to nine months of utilizing lead management automation, companies can see a revenue boost of 10%. This software helps drive sales and increases (return on investment) ROI. 

Lead generation software continues to increase in popularity due to its flexibility, low maintenance, and resistance to corrosion. As businesses continue to grow within the digital space, this software helps companies remain competitive within their industries.

Forbes reports that 58% of business leaders see lead generation as a key challenge. Lead generation platforms like Leadboxer are instrumental in helping companies find qualified prospects to fill their pipeline. Through automation, data collection, and software integration, these platforms are able to improve processes across multiple departments.

Lead generation software has benefited from the advancement of technology, and it will continue to optimize its product performance. Integration between customer relationship management (CRM) and lead generation platforms is a step toward success.

52% of companies have already integrated their marketing software and CRM. 88% of marketers will use web analytics to continue improving their lead-generation strategies. Lead generation platforms like Leadboxer integrate with CRMs and other technology to provide quality leads and analyze data.

Lead generation priorities of marketers

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The Global Marketing Automation Market Analysis Report 2022 released by researchsandmarkets.com takes a closer look at the current environment for this software. The report finds the market was valued at 5.45 billion USD in 2021. As automated marketing software continues to gain traction among businesses, it is projected to reach 8.58 billion USD by 2026.

Due to the increased usage of these platforms, the market is expected to grow by 9.49% between 2022-2026. The report notes the advantages of using this software include improved efficiency, reduced staffing costs, and an overall increase in revenue. 

Cloud and On-Premise are the two studied segments of marketing automation deployment types. Cloud deployment was found to cover a market majority at 58%.

This report studied eight channels of marketing automation: 

  • lead nurturing
  • mobile application 
  • campaign management
  • inbound marketing
  • social media 
  • email
  • reporting/analytics 
  • other

Out of the channel categories, email marketing automation led the way with 17%. 

A Demand Gen Report found that 53% of marketing teams say that early-stage lead generation is most effective when done through email. With email automation pulling ahead of other channels, automated marketing software can help companies save time and resources in producing email campaigns. 

Across industry applications, it was observed that healthcare began utilizing marketing automation software strategies. This implementation has helped create consistent messaging and improved customer service. During 2022-2026, the use of marketing automation in healthcare is expected to grow by 12.5%.

As for regions, this report discovered that North America made up the largest share of marketing automation at 34.3%. Over the forecasted period of 2022-2026, Europe and North America are expected to be the largest markets. Due to a rise in mobile usage and increasing use of advertisement campaigns, the Asia Pacific is projected to be the fastest-growing market. 

How the COVID-19 Pandemic Shaped Automated Software

COVID-19 continues to show lasting effects on the way businesses handle sales outreach. With quick switches to digital communication as in-person meetings were canceled, many B2B companies had to adapt to a virtual environment.

58% of experts believe poor technology infrastructure led to businesses struggling to deal with the pandemic.  The Global Marketing Automation Market Analysis Report 2022 suggests that the pandemic highlighted the importance of marketing automation as companies made the switch to digital channels to keep in touch with customers.

Automation and artificial intelligence (AI) are playing a significant role in the post-pandemic world. 50% of businesses plan to push forward with their AI strategies as they enter into post-COVID operations.

While the pandemic caused upheaval across all industries, it also helped drive innovation and advancement. 43.42% of B2B marketers plan to switch their in-person meeting budgets to digital efforts. 

By investing in automated marketing and lead generation software, B2B companies will be prepared to face a post-pandemic world. 

The Future of Lead Generation and Marketing Automation

Marketing Automation Valuable Features

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Lead generation software and B2B marketing automation is a growing markets. The Global Marketing Automation Market Analysis Report 2022 found several factors for these upward trends including higher social media usage and trending mobile marketing.

While many marketing budgets continue to shrink, a survey from Gartner finds 26.6% of Chief Marketing Officers plan to increase their spending on automated tools. Statista Research Department shows that 2.6 billion USD was spent on lead generation in the United States in 2019. This number is predicted to hit 3.2 billion USD by the end of 2023.

The demand for these tools continues to increase, but this market does face challenges as well. Cyber security and data quality issues were found to be impeding issues for market growth. The quick nature of social media and continued internet usage has posed security and compliance challenges for marketing teams.

Despite advancements in automated software, 40% of businesses find their marketing tools are outdated. This suggests companies are still working to find the best lead-generation platform for their needs. 

As the B2B industry continues to evolve within the digital sphere, lead generation and marketing automation will increase in marketing and sales departments. The content marketing platform is expected to grow the fastest between 2022-2026. Global Marketing Automation Market Analysis Report 2022 suggests it will increase at a CAGR of 17%

85% of marketers say their biggest focus from content marketing is lead generation. Research shows an emphasis on producing quality customer experiences and a growing need for analytics-based content will drive content marketing growth. 

AI integration, predictive analytics, and a focus on personalized marketing are contributing to the market increase.

The combination of AI and automation software is pushing businesses toward better customer service and creating stronger interactions with prospects. Lead generation platforms help target the correct customers to drive marketing efforts in the right direction.

Key Takeaways

Lead generation and marketing automation are paving the way for companies to save time and resources when filling the sales pipeline. 80% of marketers saw an increase in their leads after using marketing automation. 

Both markets continue to grow and are projected to rise to new levels by 2029. B2B companies will need to include lead generation platforms and automated marketing into their business strategies to remain competitive in their respective industries.

Marketing automation provides a huge boost in sales leads. Using this software for marketing campaigns can increase these numbers by 451%. Content marketing is used for lead generation by 80% of companies. It is expected to be the fastest-growing channel for automated marketing between 2022-2029.

Lasting effects of the COVID-19 pandemic will continue to push companies toward digital communication. Customer trends show that many prefer buying in a virtual space. These habits will most likely increase as social media marketing trends upward.

While lead generation and personalized outreach benefit from automated software, challenges with consumer privacy and data quality will continue to be part of the conversation. Salesforce found that 86% of consumers want more transparency regarding the usage of their personal information. 

Investing in highly integrated platforms like LeadBoxer will help departments utilize their existing tech stack to its full potential for lead generation, marketing automation, and customer management.

See what LeadBoxer can do for your business. Get your free trial today!

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Harnessing the Power of Video Marketing for B2B Lead Generation

Harnessing the Power of Video Marketing for B2B Lead Generation

Creative lead generation can help your B2B company fill the sales funnel with qualified prospects. Social media continues to be vital for marketing teams, and jumping on the upward trend of video content is a way to boost your outreach. 

Utilizing video marketing is a great way to increase brand awareness and encourage content engagement. This tactic can push your outreach to additional target audiences and help increase your lead generation. Video marketing can also work when trying to retarget and engage potential prospects.

Keep reading, or use the following links to jump ahead:

What is Video Marketing?

Video marketing statistics

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While the strategy isn’t new, video marketing has become crucial for staying relevant in a competitive market. According to WyzOwl’s 2022 Video Marketing Statistic Report, 86% of businesses already use video in their marketing strategy. 

This marketing tool is important to have across all channels. Videos are an easy way to educate prospects on your product, as well as create brand awareness.

In a Hubspot survey, it was found that video content was the second most popular way to increase social media engagement. By encouraging interaction from customers, this strategy can help boost shares and expand audience reach. 

Even though video marketing has been around for a while, many businesses saw a rise in demand for this content during the pandemic. 64% of marketing teams feel the pandemic has affected their 2022 video marketing strategies. Coupling this with the rise of marketing on social media platforms like TikTok, utilizing these tools can make a big difference in engagement.

Increasing Sales Conversions Through Videos

Marketing teams work hard to reach audiences that can be converted successfully for the sales department. These tactics require a lot of planning and resources to make sure content is being delivered to the right prospects.

Video marketing is an accessible tool that helps engage customers before they’ve even spoken to a salesperson. If you’re just beginning your video strategy, a great place to start is finding ways to include this type of content on your website.

According to BizCommunity, conversion rates can be increased by 80% if you include video content on your landing pages. When leads are visiting your site for the first time, videos are able to introduce your product and brand quickly. This type of content encourages engagement as prospects are able to get a glimpse of what your company has to offer.

Additionally, adding videos to your site can help improve search engine optimization (SEO). By having this content on your pages, visitors are more likely to spend more time on your website, which helps boost your page in search engines.

Moving on from initial lead impressions, video marketing can play a role in boosting customer retention. This content has the ability to support salespeople as they walk clients through the sales journey. By having video tutorials and demonstrations, leads are able to interact with your product before making a purchase, which can increase customer confidence.

The options for video content are endless, and it is a great tool to build trust while showcasing an authentic brand to prospects. Utilizing how-tos, customer testimonials, and customer support videos are just a few ways your team can take its marketing strategy to the next level.

How to Create a Successful Video Strategy

Creating content that encourages audience engagement is a good starting place. With high-quality smartphone cameras and a multitude of editing apps to choose from, access to video creation is easier than ever. 

However, starting without a plan can be an overwhelming undertaking for any marketing team. Take time to allocate resources and prepare your team for the content rollout. This type of foresight will help align the marketing and sales department to ensure the highest return on investment (ROI) is being achieved.

Once your teams are ready to go, begin by evaluating your company’s needs. Determine which pages and social platforms will benefit most from the content. Laying out the areas that will receive videos can help decide what the content will showcase.

Next, determine the target audience. For video marketing lead generation, have your team identify what platforms see the most traffic from prospects. 

Bizcommunity found that videos help 90% of customers make buying decisions. By getting this content on pages that see the most interaction from leads, video influence can help push these prospects into the sales funnel. 

Align the goals of the campaign across departments. Multiple videos can serve different purposes, but it is good to have a clear objective before creating any content. This data will also play a role in determining the video’s success late in the journey.

Decide on the video distribution platform. There are a few factors that will help narrow down the best place for your content. Consider your budget, including money for sponsored posts, and your current tools. 

Shorter videos may find their home on TikTok or Instagram, whereas Youtube remains a leader for long-form content. Determining a platform before filming will help drive the subject matter. It is important to take into consideration the type of audience on each social media channel, as well as how engagement is measured.

Platforms like Instagram reels and TikTok rely on short, snappy videos that can quickly grab a viewer’s attention. These sites also work off of algorithms that rely on comments, likes, and shares. Longer videos may do better on Youtube or LinkedIn, especially if the goal of the content is to educate. 

Begin scripting and filming content. If you are not sure where to start, look at similar businesses or competitors to see what type of videos they are sharing. This can help your team gather an understanding of where your industry fits into the digital sphere. 

Once posted, begin measuring the content’s success. While each business may track unique metrics, there are a few basic ones that can help your team see what works and what needs improvement. Engagement is huge. Track comments, likes, and shares. 

Time spent on your site is another great metric to consider. If you have longer videos, are your visitors watching the whole thing? Take a look at any generated leads or conversion boosts. 

Are your visitors interacting with other areas of your site after watching the video? For example, keep an eye out for any upticks in form completion.

Lastly, continue to re-evaluate and produce video content. While you shouldn’t fix any content that seems to be working, don’t be afraid to add new posts. Variety in content can boost engagement and encourage frequent customer interaction. 

Revisit any videos that don’t produce the results your team wants. This form of content is constantly evolving, and it is good to be prepared to embrace changes as needed.

Best Practices for Video Marketing

Once you have a strategy ready to go, implementing best practices can help boost the success of your marketing campaigns. Understanding the different types of video content can help your team see a positive ROI from this work.

Videos like product demonstrations, educational content, or expert interviews can help increase lead generation. While content like customer testimonials, live streams, or personalized messages from employees can create brand awareness.

Use video marketing to retarget old leads. This content can help encourage prospects to re-engage with the sales journey. Maybe the lead wasn’t sure your product was the right fit, but an educational tutorial or how-to guide can help show the ways their company can benefit from a purchase. 

Video Marketing & Social Media

Time spent watching online videos

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The rise of platforms like TikTok and Instagram has expedited the evolution of video content. Now, businesses are able to utilize these channels and interact with leads at a faster pace. In turn, social media has also helped shape marketing trends.

Viral trends dominate the ways content is viewed across platforms, and brands are not exempt from participation. While being TikTok famous isn’t the goal of video content for your business, it’s becoming more common for companies to participate in these trends. 

In 2020, Statistica found that one-fourth of adults online have viewed videos posted on TikTok. Tapping into these markets and finding ways to engage with viewers is important for making the most out of your online presence. 

Influencer marketing has also continued to rise in popularity. Videos like a how-to or product reviews from influencers help create brand awareness and build trust with customers. This type of sponsored content speaks to viewers without seeming too forced. 

According to HubSpot, 64% of businesses found new customers because of a Facebook video. Social media helps successfully mix business with pleasure, as many adults spend time scrolling through Facebook and Instagram throughout the day. By posting video content on social media, your company can see a higher ROI on video marketing.

Get started with lead generation by trying out Leadboxer today!

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Top B2B Lead Magnet Examples

Top B2B Lead Magnet Examples

Attracting qualified leads to the sales pipeline is crucial for B2B businesses. Identifying prospects and cultivating relationships will increase sales conversions and create loyal customers.

With email marketing filling up a prospect’s inbox from your company and competitors, it is important to offer valuable content that will help your product stand out. Finding ways to establish yourself as an expert in the industry and producing informative marketing materials can help create lasting customer relationships.

When trying to find potential clients and obtain their contact information, utilizing a lead magnet can kickstart the conversation. Use the links, or keep reading, to learn about lead magnet examples and how your company can benefit from their usage:

What is a Lead Magnet?

Number of lead magnets on websites

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Simply defined, a lead magnet is an incentive that companies can provide to prospects in exchange for contact information. More than that, though, this type of offer can start building trust with potential clients from their first interaction with a business.

Types of lead magnets can vary across industries, but all of them should provide value to the recipient. For example, retailers may offer first-time website visitors a small discount code if they join their mailing list. 

For B2B companies, lead magnets can be more than just a way to grow their email marketing outreach. Connecting with prospects and exchanging contact information is vital for building out a B2B sales pipeline. 

By utilizing a lead magnet, prospective clients can begin to see the value your product offers. With this in mind, planning and executing lead magnets may be different for each potential customer. 

There isn’t a one-size-fits-all approach to this marketing strategy, and businesses that provide innovative and informative lead magnets can boost themselves ahead of competitors. The content within the lead magnet is crucial to forming the foundations of a strong business relationship.

Lead magnets are not seen as optional for businesses that want to remain competitive within their industries. These tools can help plot the trajectory of a prospect’s customer journey by providing a valuable glimpse into a business’s product. 

For technical industries, a lead magnet tends to lean into a demonstration of a product’s solution. This can be done in many ways, like White Papers or Webinars, but the content should provide valuable market insight. 

The Importance of Customizing Lead Magnets

Just like any other marketing tool, customization of outreach is important for lead magnets to be used to their fullest potential. Whether your business has a large array of products or only a few solutions to offer, customers will be coming to you with unique problems that are specific to their organization.

Initial content provided by your business, especially as a way to gain contact information and create first touchpoints, should begin the process of selling your solution. The magnet isn’t a sales pitch itself, though. Rather, it’s a marketing tool to generate interest and educate prospect’s on your product’s capability.

The goal of your marketing efforts is to be seen as an expert in the field. This means prospects and current customers will look to your content for industry insight. Using a lead magnet should entice prospects to provide contact information because they want to engage with the content of value.

Knowing your audience and understanding their needs will help create trust between customers and the business, as well as cultivate interest in your products. Alongside providing solutions, loyal customers will appreciate customized content that caters to their interests.

Before choosing the types of content you want to produce, it is important to identify your target audience and take the time to understand their needs. Research prospective clients, find pain points that your product can help alleviate, and pay attention to market trends. 

Identifying and targeting the correct audience will make sure your content is providing information to those who are most likely to become loyal customers. By investing in research to understand your prospect’s interests, your company should see a higher ROI for lead magnets and other marketing materials.

Along with customization for specific customer bases, making sure your content is up-to-date and relevant to current events can help create engagement. Utilize statistics to show ongoing trends in your industry. For example, as the economy continues to recover from the COVID-19 pandemic, providing customers with content that addresses this topic will help your business be seen as an informed source.

Lead Magnet Examples

Lead Magnet with Highest Conversion Rate

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Email marketing, lead generation, and content engagement are all important tools for becoming a successful B2B company. These are no longer optional if you want to be a competitor in the market. On top of utilizing digital marketing to reach prospects, any content provided to potential clients should begin to build a relationship.

Creating sales pipelines and adding qualified leads to the funnel can be a tough task. Some prospects may be weary of providing contact information, and others may have no idea who your company is. 

By creating and providing quality lead magnets, your business should be able to showcase its value to these potential clients to build trust and begin the sales journey.

Not all lead magnets are the same. Some will serve different purposes depending on the type of customer you are working to attract. All of these tools should be enticing enough to earn contact information. 

Digital marketing continues to evolve as new social media platforms pop up and customers continue to be inundated with content. However, lots of clients are still beginning their search for solutions by turning to Google. 

Attracting potential clients through organic web traffic is a great way to score contact information from potential leads. This is where lead magnets can become a huge game changer. This content should be accessible on your website, in exchange for contact data, and it should be interesting enough to catch a prospect’s attention.

Below are lead magnet examples that can help your business take its lead generation to the next level.

White Paper

This tool is one of the top lead generators for B2B companies, but it needs to be interesting enough to garner interest from website visitors. There are several approaches you can take to white papers, and any form should provide unique information that is specific to your client’s industry.

A white paper is a tool that provides industry information using facts and statistics, but also helps build a case for the product that is sponsoring it. This content provides research-backed knowledge and promotes a solution through authority on the topic. 

As with all lead magnets, the content within the paper should be valuable, and it is important to make sure it’s enough to convert a prospect into a qualified lead. The subject should be creative, but something that can be heavily backed by data.

Providing a professional reference guide or one written by a C-Suite member can be a great start for a white paper. Allowing the CEO or COO to be the face of a paper on a trending topic in the industry can help establish your company’s expertise.

A professional reference guide would act as a comprehensive resource for professionals in your industry. While this type of content may seem basic and geared toward beginners in the field, it helps show off the knowledge of your company. This content is also easily refreshable, which takes fewer resources to maintain. 

Taking a more statistical approach can help gain points from prospects who may value insight into market trends. Analyze a case study or write about market predictions based on past trends. This content can help establish your organization’s credibility and focus on how your product fits into the current market. 

A simple type of white paper can be a comprehensive product breakdown to provide crucial insight into the solutions your business provides. This helps with the technical aspect of your sales pitch and can help introduce prospects to your tools.

Webinars

Leaning into a product demonstration, webinars are an easily accessible avenue for prospects to become acquainted with your company. Live webinars are a great resource to pitch your product to potential customers who may be exploring several solutions. 

These live streams provide in-depth product demonstrations and leave time for questions that participants might have. By showcasing your product and demonstrating your team’s expertise through answering questions in real time, webinars help prospects familiarize themselves with the solution your company provides.

Also, webinars make capturing contact information extremely easy. Many platforms require participants to sign in with their email addresses and include information regarding their role within the company. This allows your team to start targeted outreach to these prospective clients as soon as the webinar begins.

Live webinars help give easy to provide participants with a call-to-action at the conclusion of the demonstration. After seeing your product and its features, potential clients can easily take the next step to set up a meeting with one of your business development employees.

Another option for webinars is creating an ongoing series that is relevant to current market trends. This moves the presentation away from a simple demonstration and allows your team to discuss your product’s role within the industry.

This type of series helps create fresh content to promote engagement from prospects and loyal customers. Along with providing valuable market insight, these conversations and the Q&A following can help potential clients see the way your team interacts with existing customers.

By showcasing your customer service and your expertise within the industry, prospects may feel more inclined to move along within your sales funnel.

Risk-Free Trials

A classic lead magnet for many B2B companies is offering a free trial of the product. This is particularly popular for businesses that are promoting software as a solution. Some prospects may benefit from exploring the product on their own to determine if it’s a good fit.

Important factors for a risk-free trial to be successful in qualifying leads include clear communication about the trial’s terms and ease of cancellation before being charged for the service. 

Free trial sign-up forms will capture contact data so your team can reach out to these prospects and discuss their needs while they’re trying out the product. This is a great way to establish a relationship and help potential customers see the full benefit of your services.

Another aspect of the risk-free trial is gaining feedback from prospects as they self-navigate your product. Conducting check-ins to the contact information provided can start the conversation and allow your team to hear about the customer experience.

This type of lead magnet does require a product that can be easily trialed, but other types of products may be able to utilize a virtual demonstration if a free trial is not possible. Allowing prospects to test the software before purchasing can help build trust. 

Communication is important for successfully providing free trials as a lead magnet. Make sure your team is able to reach out to the user as they work, listen to feedback that’s given, and be transparent about the subscription details. 

eBooks

Similar to a white paper, an eBook is a long form of content that can serve as an informational guide to prospects. However, an eBook tends to cover general topics and may combine multiple pieces into one piece of content.

This type of lead magnet is great if your marketing team works heavily with blogs or has a series on specific topics that relate to your product and industry.  Different from a white paper, an eBook tends to be less academic and bundles more information together.

Sharing an eBook with prospects helps them save time that they would’ve spent searching through your website. The information covered in the content can go over trending industry topics and the solution your product provides. 

Since prospects won’t be able to view the content in your book before providing contact information, the brief overview and title should be catchy enough to catch their interest. 

Quizzes

A creative option for lead magnets is creating a quiz that prospects can take on your website. This type of content encourages direct engagement with your site, and should tell the potential client something about themselves and your product at the end of it.

A quiz can be a fun way to introduce your product and help clients feel comfortable sharing their contact information with your business. 

Making sure you’re implementing an appropriate quiz format is important for this type of lead magnet to be successful. Create a relevant title that entices website visitors to engage.

For example, if your company offers multiple solutions to workplace problems, you could use something as simple as “What Type of Product is Right For You?”. Next, the length of the quiz matters. Avoid making it too long because you don’t want prospects to get bored and abandon the activity.

The results of this should prompt action from the prospect. Try to tailor the results to collect contact information from qualified leads. You can take it a step further by using a quiz to assess where the prospect is in their customer journey.

This type of lead magnet can provide your team with data to move the lead within the sales funnel, as well as encourage prospects to take the next step with your product.

Templates

Offering a way for a prospect to streamline their process by simply providing contact information in return is an easy way to start building a relationship. Often, potential clients are trying to achieve something through their search and that’s how they’ve ended up on your webpage.

By providing templates as a lead magnet, customers are able to gain access to a quick solution and then explore your product in more depth as your team begins targeted outreach. Templates are a great resource for your marketing team to create as well because they don’t require constant refreshing.

Templates can also be used for most industries since they are easy to create in any form. For example, your business can offer email, design, social media, or spreadsheet templates. This type of content targets qualified prospects by tapping into their needs and providing a quick solution.

While templates don’t necessarily demonstrate how your product works, they are able to provide market insight. Tailoring these templates to things such as “Cold Outreach” or “Instagram Posts” can help your prospect see the understanding you have of the industry.

Email Courses

While online courses are easily accessible, taking it one step further and implementing an email course can expand your reach. According to a Statista survey, 96% of workers check their email outside of office hours, and 13% say they check theirs multiple times per hour. 

Email inboxes are cluttered with promotional emails and irrelevant content, so it is important to find ways to reach your prospect with valuable information. Email courses are a great way to allow potential clients to opt-in to a sequence providing insight into industry topics.

This helps establish a relationship between your company and the customer, and they are actively engaging with your content by reading the course. Also, it can help promote the ways your product integrates with the topics covered in the emails.

An email course provides multiple touchpoints to continue nurturing the lead and qualifying their needs. While some prospects may download an eBook but never get around to reading it, email courses provide a consistent stream of digestible content.

This helps your company stay at the forefront of prospect’s mind while they are searching for solutions to their needs. By sharing educational content, the customer will feel like your business has added value and they may be more inclined to move forward in the sales process.

Another great thing about email courses is they can help continue engagement with prospects who may not be ready for purchase yet, but will want to buy your product in the future. These sequences serve as a quick reminder of your business and help cultivate the business relationship, even before a sale is made.

Using Lead Magnets to Demonstrate Product Solutions

Lead magnets are resources that your marketing team is investing time and money into creating, which means you want it to serve a strong purpose. Rather than passively capturing contact information, a lead magnet should do more than just expand your email campaign lists.

Using these tools to their full potential means finding ways for them to demonstrate how your product provides solutions. Potential clients want to see the value your business can share, and a lead magnet is a great first step.

By relating the magnet to your service, your business should be able to qualify the incoming leads and ensure they are getting to the right salespeople. High-tech service providers need to demonstrate the value of their product, whether its data analytics or AI software. By using a lead magnet to begin showcasing the product’s features, potential clients will start to understand the solution.

While it may seem like the easiest way to do this is using a free trial as a lead magnet, other formats can provide the same kind of experience. Webinars, email courses, and white papers help establish businesses as key players within their industries while building trust with clients.

The important thing is to make sure lead magnets are providing educational information, not just serving as an advertisement for the tools your business offers. White papers can lean into your product’s ability while providing data-backed research on market trends. Webinars and email courses can cover industry-specific topics and demonstrate the solutions offered by your product.

This content should be specific to the audience you are trying to engage. Lead magnets should be tailored to the interests of your potential clients and refreshed as needed to stay relevant within the industry. By demonstrating how a product works and the features it has, targeted prospects should feel more confident in allowing your business to provide the solution.

To get started with engaging prospects with these lead magnet examples, check out Leadboxer’s free trial. 

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The Benefits of Sales Team Diversity

The Benefits of Sales Team Diversity

The subjects of diversity, equity, and inclusion (DEI) are leading conversations surrounding best business practices. While discussions about diversity in the workplace have increased over the past few years, these topics are more than just trendy buzzwords. Research suggests that diversity in sales can increase return on investment (ROI) and improve customer satisfaction ratings.

Staying competitive in the sales industry starts with creating a company that attracts diverse talent. Accomplishing this takes more than simply acknowledging the need for a diverse sales team. To benefit from DEI, companies must work to provide welcoming environments that offer a pathway for professional success for employees of varying backgrounds, genders, races, and ethnicities.

Keep reading, or use the links below to see how sales team diversity can help your company succeed:

Diversity Drives Increased Sales

Reasons to create more inclusive work groups

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Every business to business (B2B) company shares one major goal: increasing sales. Successful companies work hard to drive higher sales each year. 

A diverse sales team can be the key to higher numbers. According to a study by Forrester, 60% of sales teams surveyed attributed increased sales to having a diverse and inclusive sales force. 

Creating a diverse work environment means more than hiring from underrepresented groups. Successful teams will create a culture that celebrates diversity and allows these differences to become a driving force for their sales process.

Racial and cultural diversity has been at the forefront of these discussions, and with good reason. According to a 2019 study, only 5% of employees at Silicon Valley tech firms were people of color. The same study found women filled just 28% of roles in the tech industry. 

These numbers provide insight into the glaring DEI issues many industries are still facing.  Along with obvious race and gender gaps, diversity in age and life experience are important for driving increased sales. 

The Census Bureau notes that an annual $4 trillion dollars in buying power comes from Millenials, African Americans, and Latinx populations. Having a diverse sales team that is representative of these groups can help you tap into this lucrative market. 

On top of achieving higher sales numbers, diverse hiring practices can help bridge the gap for unfilled positions. Many companies struggle to fill sales roles with employees who meet or exceed their quotas. By expanding the candidate pool outside of the usual network and into more diverse groups, the time it takes to fill these open positions can decrease.

Sales team diversity also leads to innovation in the workplace. When collaboration is needed to explore new sales tactics, having a team with members from different backgrounds can make a huge difference. 

The Harvard Business Review reports that companies leading in diversity are 45% more likely to report market growth from previous years. This research suggests that sales team diversity drives innovation and allows new ideas to be heard.

Widening Your Lead Pool

Leads are vital for any B2B sales model, and most companies spend time and resources to widen their lead pools. Sales team diversity is another tool to help add leads to your pipeline, and research suggests diversity leads to higher conversions. 

According to Forrester, teams leading in diversity see a conversion rate of 54% for leads to opportunities. In contrast, other teams only see a 26% rate. 

When more groups are represented on your sales team, it is easier for customers to connect with salespeople. This helps engage leads and nurture them throughout the customer journey.

Harvard Business Review found that salespeople who share ethnicity with a potential client are 125% more likely to understand their needs. This statistic shows how vital diversity is for converting leads. When new prospects enter the sales pipeline, being able to provide a positive customer interaction is crucial for landing the sale.

Customer bases are diverse, and reaching out beyond your immediate network can help introduce your team to new leads. It’s important to acknowledge that American consumers expect brands to embrace DEI practices. Forrester found that 55% of consumers will buy from a brand that reflects their personality.

These statistics show how important it is to employ a diverse pool of salespeople. For your sales team to succeed, it is crucial that it be made up of different ethnicities, races, ages, and backgrounds your customer base can relate to. 

40% of Americans identify as diverse, based on race or ethnicity. With such a large group of diverse consumers, sales teams must reflect this reality. 

Increasing ROI With Diversity and Inclusion

Successful sales practices are an investment for any company. These costs include hiring, software, lead generation, customer retention resources, and marketing. The goal of these business investments are to see a higher return due to increased sales conversions.

By attracting a diverse sales team, the ROI for your company can increase. Through higher sales forecasts, lead conversions, sales attainment, and customer satisfaction, DEI can play a huge role in bolstering B2B sales success. 

During a 2021 study, Forrester found that the sales team leading in DEI initiatives had already hit 43% of their sales attainment goals, while other groups were sitting at 31%. Understanding the value of DEI can help set your team apart from those who are lagging in diverse hiring practices.

Among those businesses who lead the way in DEI, 44% believe diversity will continue to play a larger role in business decisions for the next two years. Investing in

inclusive practices will pave the way for future success.

While creating a diverse sales team with an inclusive environment does not happen overnight, taking the necessary steps can pay off by leading your team to higher sales. To begin, analyze the demographics of your existing team and look for areas where improvements are needed. Survey current employees to better understand how their gender, race, or background affects their experience at your company.

Harvard Business Review found that in the absence of diverse leadership, underrepresented groups are less likely to see idea endorsement compared to their counterparts who are straight, white, and male. Women are 20% less likely, LGBTQ+ are 21% less likely, and people of color are 24% less likely to have their suggestions seriously considered.

Understanding how these numbers can harm your business will help unlock insight into ways to drive a higher ROI. Establishing a culture that encourages innovation from diverse employees will help tap into underrepresented markets. 

Improving Customer Satisfaction

Importance of inclusive and diverse marketing ads

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Customers are the most important part of B2B sales. Retaining customers helps increase ROI, as it is five times more expensive to attract new customers than it is to engage current customers. By improving customer satisfaction rates, your company can save money and increase sales conversions.

Sales teams leading the way in DEI report a 24% increase in customer satisfaction scores. Having an accurate representation of your customer base on your sales team can help improve customer relations. 

Leaning on the ideas of your employees can help engage customers in a personal way. By diversifying your sales team in age, race, and gender, each customer can interact with a point-of-contact that understands their needs. 

Along with customer representation, sales team diversity helps bring fresh ideas that can appeal to other demographics. For example, having older employees on your team can help engage customers in the same age group through proper marketing channels.

With multiple generations in the workforce and a diverse American population, understanding motivation is the key to customer success. These varying viewpoints can allow your team to see what types of sales pitches, products, and marketing materials different groups prefer.

Marketing and sales work hand-in-hand to identify and qualify leads. Creating targeted audiences for marketing materials is important for a personalized customer experience. Through DEI practices, these resources are more easily refined to appeal to each target base. 

Through research, Facebook found that 71% of consumers want to see promotion of diversity and inclusion in their online marketing materials.Yet, 54% don’t feel represented in online ads. Utilizing diverse sales teams can help encourage marketing that accurately represents an equally diverse consumer base.

By representing customers accurately, customer loyalty will follow. In fact, 59% of consumers are more loyal to brands with inclusive marketing practices. Incorporating DEI into your hiring practices and customer experiences can have a huge, positive impact on customer loyalty with your brand.

Key Takeaways

Sales team diversity is not just the right thing to do, it has a direct correlation to success in the current market. Investing in the resources, tools, training, and employees who can bring diverse outlooks to your sales team takes time and money, but ultimately increases sales and ROI.

The consumer base wants to feel represented when buying from companies, and diverse sales employees can lead to improved customer experience rates. Alongside marketing tactics, inclusive practices will help engage underrepresented communities and generate brand loyalty.

The research is clear: diversity in the workplace leads to more innovation. Remaining a competitor in B2B sales is vital, and leading teams in DEI see higher sales attainment coupled with longer employee retention. 

Understanding and acknowledging the importance of an inclusive company culture is the first step to creating sales team diversity. Next, listening to employees and improving DEI practices can help launch your B2B sales to a higher level.

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Lead Generation Strategies that Boost Sales

Lead Generation Strategies that Boost Sales

Your business wants to up its lead generation game. However, there are many strategies out there that promise you exceptional results. How do you improve your lead generation?

You may already have some of the pieces in place. Before you stress out over what new lead generation trend to follow, here are some strategies to try:

Update Your Website

Your website is the first interaction customers have with your brand. Make a good first impression with an updated website. 

Updating your website doesn’t mean going overboard with videos, graphics, or text. If you think your website is “cool” because it has Adobe Flash Player, think again. 

Great websites are optimized for search engines, have user-friendly designs, and valuable content. You may already have these on your website, but here are more tips to make your website great:

Don’t Overwhelm Visitors With Options 

People like having choices. However, too many choices can be a bad thing. 

When people have too many options, they can get confused and overwhelmed. They may get flustered and bounce from your website because they can’t make a decision. 

To see how easy (or difficult) it is to navigate the options on your website, explore it yourself. Better yet, have someone else poke around your site. Ask them to write down questions and observe their experience. 

Pay attention to how easy it is to go on to the next step. Look at whether your pages make sense and accomplish your company’s goals.

Put in the Effort to Tell People Who You Are

Chances are you put more blood, sweat, and tears into certain pages of your site. Your product or services pages and testimonial pages likely took much of your attention. How much time did you devote to your About Us page?

It’s great to give specifics on your products and services and share the experiences of satisfied customers. Consumers want to know about your company before doing business with you. Your About Us page is your chance to give a good impression and build trust with potential customers. 

Information to put on the website homepage

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Your customers will feel more comfortable working with your business if they know its background, staff, mission, values, and awards. Think of it as introducing your business to a new customer or friend. 

Be sure to include high-resolution images of your leadership and staff on your About Us page. For content, include your mission, value proposition, and a clear call to action. 

Get Information on Who Visits Your Website

Gone are the days when you hope the right people find your website, make a sale, and return. With our Lead Identification solution, you can know valuable information about who visits your site. We can tell you:

  • Who visits your website
  • What company do they work for
  • All the company’s firmographic details
  • What services or products they are interested in
  • Visitor’s company contact information
  • How many visitors from this company visited
  • Based on above and more, what is the visitor’s lead score value

Embedded Lead Identification into your website requires no buttons or forms to fill out. All the data is collected automatically and discreetly.

Utilize Effective Landing Pages

Landing pages are good at capturing leads. However, a poorly-created one will not give you the amount or quality of leads you want. Here are some tips for creating effective landing pages:

Keep Your Landing Pages Simple 

Marketers can overthink when it comes to creating landing pages. They want them to be complex and sleek. An overly-complex landing page, however, will lead to more bounces. 

The purpose of a landing page is for people to leave their contact information to access valuable content. It is important to grab people’s attention and offer high-quality content. You also need a clear call to action telling people what to do next. 

Get straight to the point in telling visitors why they need your services or products. Also clearly show them what they need to do to get started.

Include Testimonials on Your Landing Pages 

You know how powerful testimonials are. You use them on your website. Why not use them on your landing pages?

Testimonials by satisfied customers let people know your offerings are effective and your brand is trustworthy. Adding testimonials to your landing pages are simple and effective lead generation strategies.

It is easy to find testimonials. Look at your company’s social media channels, customer support emails, and product reviews. Before you use a testimonial, reach out to the source and get permission. 

Have a Mobile-Friendly Landing Page 

Your leads and customers are more likely to view your website and landing page on the go via their cellphone. Your landing page needs to be optimized to fit on the tiny screen of a phone. If it isn’t, your landing page will look clunky and unappealing. 

If you don’t think a mobile-responsive website is important, you might want to think again:

  • 70% of web traffic comes from mobile devices 
  • 80% of the best websites are mobile-friendly
  • 61% of users won’t return to a non-mobile-friendly website  
  • 70% of mobile searches lead to a conversion 
Importance of optimizing opt-in forms.

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Since your landing page will be formatted and look different than it would on a desktop or tablet, shorten your opt-in forms. Be sure to optimize your call to action (CTA) buttons and make them highly visible. 

Remove Menus From Your  Landing Pages

Menus on your landing pages are distracting. Going back to the first point, the simpler the landing page, the better the conversion rate. Remember, you want them to stay on the landing page and follow the call to action. 

Upgrade Your Content

Using the text on your website and blog simply as an area to stuff keywords won’t get you conversions. To generate leads, you need to know your desired customer and what content will be valuable to them. You’ll attract customers most likely to convert and your informative content will boost your brand’s authority. 

There are many ways to use high-quality content. You can have it on your website and feature an opt-in form for visitors to read more. A blog with good content has a better chance of getting noticed and shared.  

Start Blogging and do it Consistently

Blogs are real estate for you to share valuable information with website visitors and they can boost your SEO. A blog adds personality to our brand and improves your brand’s credibility. They can also attract 67% more leads per month.

First-time website visitors will want to know more about your company than the great products or services you offer. They expect your business to be knowledgeable in your industry. They also want to be treated with the utmost importance. 

Once you start a blog, you need to regularly produce high-quality content. If you’re not consistently blogging, customers will get bored. Your blog content will no longer be engaging, current, or relevant. 

When you blog consistently, you help create an engaging interaction with potential leads. The longer a lead engages with you before signing up or opting in, the more likely they will become paying customers. 

A relationship with a lead not only increases their likelihood of becoming a paid customer, but also a returning customer. Loyal customers can be counted on for repeat business and they can become valuable brand ambassadors. 

Before you write your blog posts, research your target audience and keywords to use throughout the content. If you need help coming up with topics to write about, look up trends happening in your industry. When writing your blogs, be sure to include clear CTAs (call to actions) alerting readers what to do next. 

Email Marketing is Your Friend

You may think flooding people’s inboxes with emails is a bad idea. However, email marketing is one of the most effective lead generation strategies around. It is also one of the easiest to do.  

According to Neil Patel, email marketing has an effectiveness of 48% and a difficulty rating of only 18%. Email marketing beats out content marketing, landing pages, social media marketing, and SEO. Only the creation of landing pages is easier.

Lead generation difficulty and effectiveness by channel.

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To get results, you’ll need to carefully plan out your content, segment your audience, and schedule your emails. 

Get Active Online

Your blog isn’t the only way you can engage with leads online. Here are some ideas you can try to share your expertise: 

  • Answer questions on Q&A sites like Quora or HARO (Help a Reporter Out) that relate to your industry
  • Get involved in relevant conversations on Twitter
  • Cross-promote content on other websites and blogs via guest posting. (Remember: guest posting is reciprocal)

Get Active on Twitter

You may think that LinkedIn is the go-to source for professional social networking. Twitter offers options to form valuable business and sales connections. 

When you create a Twitter lead card and attach it to a tweet, you can get people’s emails. This happens when someone clicks on the CTA button on your tweet. 

Lead generation on twitter

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Whether you need a landing page, a blogging or email strategy, or to get started on social media, LeadBoxer can help you to translate your Lead Generation Strategies into qualified leads. They know how important lead generation is for your business. 

Effective online lead generation is easier than you think. You may be doing some of the listed ideas already. Regardless of what strategies you try, remember it is about the customer.

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How Intent Data Can Increase Sales Conversions 3

How Intent Data Can Increase Sales Conversions

Having a deep understanding of customer behavior can increase sales conversions. As technology continues to advance, businesses have the advantage of utilizing data to target their audience and successfully pitch their products.

Collecting this data helps marketing departments better understand their ideal customers. Sales teams are able to improve outreach and streamline their communication with potential clients. 

Use the following links to jump ahead, or keep reading to learn ways to successfully increase sales through internal data. 

What is Intent Data?

As industries continue to face constant evolution within technology, the way sales are made have changed. Most customers begin their journey for new products or services through a web search. Online behavior can provide crucial insights for sales teams.

Intent data is information that is collected regarding a user’s online behavior, specifically through content interaction. By tracking these actions, businesses are able to see patterns and gain knowledge about their prospect’s interests.

Most importantly, this data can provide clues that help sales professionals understand the likelihood of a purchase from customers. This helps tailor sales tactics, drive marketing campaigns, and increase the chances of conversions within the pipeline.

Behavioral data is collected through the ways users are interacting with your content. This allows your team to see what areas of your site are most attractive to potential customers. This information can also help sales professionals gain an understanding of where a client is at in the buying process.

Gaining Insight Through Behavioral Data

Intent Data Uses for B2B Digital Marketing Strategy

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Having access to this information helps take the guesswork out of the sales process. Intent data can help pinpoint the market for your product, how to segment clients for marketing outreach, and what their purchase intent looks like.

Analyzing behavior is a huge asset for marketing. This allows teams to personalize content to target the proper audience for your products and services. By reaching these prospects, your sales team will have more leads funneling into their pipeline.

Behavioral data can help with brand exposure. Having an accurate idea of the topics and areas on your site that get the most traction provides marketing with important insights. The team is able to customize messaging to drive similar customers to your web pages. 

This type of brand awareness helps your business reach more individuals who are still in the research stage. By having content that reaches customers in need of your solutions, information on how your business is the best fit for prospective buyers is provided.

Another major benefit of behavioral data is aligning your marketing and sales to see a higher return on investment (ROI) on your outreach. Research shows that companies become 67% better at closing deals when marketing and sales collaborate for account-based marketing (ABM). 

This data allows your teams to sync up by higher quality leads and better understanding of client behavior. Marketers are able to discover unique interests among target customers, and this information allows sales to strengthen relationships with their accounts.

Behavioral data provides your business with the necessary tools to accurately predict buying patterns. By having insight into their actions, it is possible to track where customers are at in their purchase process. This allows marketing and sales to accurately plan outreach to nurture leads and walk clients to the end of the sales process.

First Party Intent Data Vs. Third Party Intent Data

While intent data can help increase sales, it is important to understand the different types and how they can play a role in your business. First party data is collected through your website and content pages. This tracks how visitors are engaging with your marketing.

First party data is something most businesses already track in some form. Analytics, automated tools, and the backend of your website keep up with this engagement. Internal data provides deep insight into customers, but often, it comes across as anonymous engagement.

Leadboxer helps your business discover the leads behind internal data. The platform captures the cycle of behavior from online engagement, starting with the first visit to your site. By uncovering this data, Leadboxer is able to identify who your visitors are.

This allows your team to have access to qualified leads, which helps plan client outreach. The identification of these customers happens through IP addresses, email engagement, and other touchpoints.

Third party data comes from providers who are able to collect the ways prospects are engaging on other sites. This allows for a complete view of buyer activity to see how customers are interacting with competitors. Behavior data can provide a sense of consumer purchasing patterns online.

This side of things provides valuable insight into any backtracking or missteps that are made throughout the buying cycle. By seeing where customers are spending their time, it is easy to pinpoint their pain areas and see where their greatest needs lie. 

Most third party intent data will surface during the research stage. This information can provide crucial guidance for future outreach and marketing tactics. Third party data shows what keywords customers are using, which brands they interact with first, and what solutions they are searching for.

Privacy Concerns and Third Party Intent Data

Difference Between First, Second & Third Party Data Intent

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While first party data comes directly from users interacting with your content, third party information can be trickier. As privacy concerns push for tighter restrictions, companies that rely on third party data are beginning to focus on ways to utilize what they are able to collect.

The biggest concern regarding third party data is that it can be unknowingly collected. This information comes from tracked behavior across websites, and it can contain personal identifiable information (PII). As concerns have grown, actions have been taken to promote transparency within the data.

Sites that use third-party cookies, which track engagement across sites, are putting banners on their content to ask for consent from visitors. These regulations have caused restrictions on the data that third parties are able to provide. This shift promotes the need for businesses to rely on first-party data.

Internal Data and Its Importance to Closing Deals

Once your business understands the importance of intent data, it is time to optimize its use. Most importantly, internal data is a tool that can help increase sales conversions by encouraging warmer leads and stronger client relationships.

Businesses must qualify prospects as part of their sales planning. In order to see higher sales conversions, the team must know where to spend their time and resources. Not every lead that comes through a website will be a buyer. 

Through behavioral data, engagement can provide insight into how serious a customer is about making a purchase. From the first website visit, Leadboxer tracks the content, forms, and emails that see prospect interaction. This helps put together a timeline for sales professionals, as they are able to gauge where a client is in their customer journey.

Creating Customer Profiles Based on Internal Data

A customer profile helps your business keep personalized records of your clients. This information helps marketing segment their messaging and allows sales to keep up with their pipelines.

Each profile is a detailed record of a customer’s needs, demographics, and behavior patterns. By using intent data to fill out these descriptions, your team can keep track of customer relationships and note their behaviors to increase conversions.

By understanding what problems individual customers are facing, sales will be able to drive solutions to their doorstep. Online behavior can provide insights through touchpoints to help illustrate a customer’s current needs. 

When a qualified lead begins interacting with your product page, downloading your content, or filling out interest forms, sales will be able to reach out at the right time. This data helps sales nurture leads through the process.

Providing Insight to Identify, Segment, and Score Leads

Each visitor is tracked when they reach your site, but it is important they make it to the right place in the sales funnel. Throughout their time on your site, Leadboxer collects information and tracks their actions to accurately discover the lead’s identity. 

From there, leads can be integrated with a business’ tech stack to move them through the cycle. After identification, prospects can be segmented into groups to receive appropriate marketing. These segments allow your team to filter leads by company name, size, location, or behavior. 

Most importantly, Leadboxer handles automatic scoring to keep the most relevant leads at the top of your pipeline. This distinction is based on customer behavior, interests, and properties. Sales will be able to begin their outreach to provide the proper solutions according to specific customer needs.

With internal data, lead scoring is accurately ranked to help pinpoint prospects who are most likely to make a purchase. Their behavior helps determine where they are in the process, and what they need to get to the finish line.

Get started with your internal data analysis today by signing up for a free Leadboxer trial!

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How Customer Connections Drive Relationship Based Sales

How Making a Customer Connection Drives Relationship Based Sales

Successful businesses thrive on strong customer relationships. These connections help increase the number of sales conversions. Most importantly, the resources used to create a strong customer connection will see a strong return on investment (ROI).

Professional relationships go beyond initial contact points as good sales teams work hard to personalize the customer journey based on individual needs. By cultivating a strong relationship with clients, the likelihood of their repeated patronage increases.

As technology continues to evolve, businesses are constantly competing for attention from prospects in the digital realm. Focusing on relationship-based sales can help boost engagement with your social media, as well as direct your messaging to the correct target audience.

Keep reading, or use the following links, to learn more about how these connections drive customer relationships to a sale:

The goal of every sales team is to increase their numbers. There are many tactics out there to see higher conversions, but it is crucial to start at the beginning of the pipeline. Customer connections can happen during the first introduction to a prospect.

Making the most of interactions, even while a prospect is still in the ‘Lead’ stage, can have a huge impact on finalized sales. Before starting the process of making these connections, it is important to understand the driving idea behind this strategy.

Relationship based sales happen when a salesperson prioritizes the interactions and connections with a client to complete a sale. While price and types of services will always be a factor for customers, relationship based sales primarily focus on building customer loyalty.

Actions Needed to Move Towards Relationship-Based Selling

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Utilizing this strategy to foster relationships will help each customer feel more valued by your business. Clients will lean towards loyalty to brands when they are appreciated by the company.

B2B businesses can see a huge benefit from adopting this mindset. Since purchases of these services typically require a higher-level of commitment due to the size, customer loyalty goes a long way.

Personalized outreach is a great starting point for creating strong customer engagement strategies. Customers start their buying journey when they have a problem, so it’s important to segment your marketing for tailored audiences. Once a lead enters your pipeline, allow your salespeople to take time to nurture the prospect and gather insight into their needs.

These customer relationships have many aspects that will require personalization. The more effort your team puts into creating these lasting bonds, the higher your conversions will rise. Starting off with personal interests, encourage your salespeople to get to know their customer contacts.

By knowing their geographical location, personal hobbies, and basic profiles, it will be easier for your sales staff to find similarities to create connections. For example, an easy connecting point between sales and clients could be a similar interest in sports teams or graduation from the same alma mater. 

On the other side of things, ensure that your sales team is working hard to listen to the needs of each customer. Find out if your services or products can be tailored to provide the best solution possible. Take time to listen to customer insight before pitching specific packages.

Another crucial aspect to forming lasting customer connections is having continued contact once a sale is finalized. If your product requires training or onboarding, make sure the correct resources and enough support staff are available during this time. Be proactive in your outreach to gather feedback, and listen to any suggestions these customers may have.

Ensuring Loyalty Through Customer Experience

Once you’ve started focusing on the ways to foster strong connections, it is important to make sure these interactions are increasing customer loyalty. The key to this strategy is good customer experience throughout the buying journey.

Before implementing a customer connection strategy, you need to have an understanding of what your current clients think about your services and their experiences. According to Forbes, 80% of businesses believe they excel in customer service, but a mere 8% of customers agree with that statement.

Conducting research and opening the conversation for genuine client feedback can help your team see where improvements can happen. This information is valuable for sales strategies, and these interactions will help your customers feel valued and appreciated. Be sure to incorporate as much of their feedback as possible into your future relationship.

Looking ahead to future customer experiences, it’s important to understand how much each interaction matters in the cultivation of customer loyalty. Forbes asserts that within a day of a poor customer experience, 47% of consumers are willing to take their business to a competitor. Due to the ease of finding other options through a quick web search, there is little room for mistakes during the buying journey.

Speed and efficiency are key elements of a positive customer experience. While B2B sales cycles tend to be longer than B2C due to the nature of service, clients still value quickness. Instead of looking at ways to shorten the sales cycle itself, focus on the ways your communication can be streamlined.

Many people are conditioned to expect answers within seconds due to the availability of instant online search. While having salespeople within reach as soon as every problem occurs may not be possible, there should be resources  in place to help customers. Make sure your web forms work, check emails regularly, and don’t be afraid to hop on a call to quickly offer solutions.

Offer loyalty programs or rewards for repeat customers. 73% of customers enrolled in loyalty programs recommend that business to other buyers. By incentivizing current customers, your business will be able to attract new clients as well. 

How To Avoid a Bad Customer Journey

Conversion rates will increase when your clients feel they are on a good buying journey. There are a few ways to help avoid negative experiences during the purchasing process.

Start by focusing on the entirety of the process rather than singular pieces. Analyzing the customer journey from beginning to end will help your team pinpoint problem areas. From there, begin tracking customer behavior to identify patterns throughout your target audience.

Personalized messaging, optimized payment options, and convenient sales processes are all ways to engage modern consumers. Clients are online more than ever before, so use the data detailing their actions to your advantage.

Make sure your team is setting realistic conversion rates. Despite all of the great customer service your business provides, not every lead will result in a sale. To have an understanding of the genuine ROI from marketing and sales efforts, reasonable conversion goals are necessary.

Focus on communication while making customer connections. At the end of the day, most clients will appreciate when a business goes above and beyond to listen to their needs. Fostering strong relationships and ensuring quality customer journeys requires time, commitment, and consistent communication.

Social Media & Customer Connections

The Social Consumer Analytics

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While it is one of the newer resources in the long line of sales strategies, social media has begun to dominate the playing field. Utilizing these platforms can help accelerate your numbers, and provide valuable insights into consumer behavior.

The top platforms, Facebook, Twitter, LinkedIn, Instagram, and Youtube, will be enough to help provide your business with the tools for successful social selling. Starting off, social media will generate leads and track data for better understanding of customer behavior.

Leadboxer’s platform integrates with your team’s tech stack to access data, generate leads, and provide tools for higher conversion rates. Throughout your email and social media campaigns, Leadboxer is able to uncover data to provide contact information and behavior patterns for potential buyers.

One of the key benefits of social selling is gaining insight and learning about customers to create meaningful connections. By integrating your workflow with technology like the Leadboxer platform, your team will be able to gain a broad understanding of this data.

Generating leads through social platforms helps your salestaff find new prospects for outreach. From the very first interaction, customer connections can begin to take shape. Social media offers vital personal information to help your salespeople find similarities with their contacts.

Using social media as a way to teach about the industry and your products is another great use of the tool. By reaching your target audience with educational information, your business will be able to establish itself as a reliable leader in the industry. This allows prospects to find your product before your team even has a chance to discover them during a search process.

Engagement through social media helps to continue the professional relationship with clients. According to Hootsuite’s Digital Report 2021, 22.7% of internet users are using social media to network and handle work-related research. Continued social media outreach and marketing is crucial for maintaining strong customer connections, with many consumers using the internet to develop business relationships.

To see how social media integrations can help with customer connections, check out LeadBoxer with a free trial.

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16 Best WordPress Plugins for Business

16 Best WordPress Plugins for Business

Generating leads is a crucial part of building revenue for any business. This involves having a constant stream of new customers to nurture into repeat, loyal patrons. Your prospects are looking online for products and services to meet their needs and solve their problems. 

The lead generation process begins with your website, your company’s online presence. With more than 455 million websites built on and hosted by WordPress, chances are yours is too. WordPress is a solid website builder that offers easy customization and SEO-friendly items. 

If you use  WordPress, the many plugins can be overwhelming. Which ones are best for your business? Which ones will generate leads?

Below are the 16 best WordPress plugins for business – read on or use the following links to jump ahead:

1. WPForms

Your website must have a way for customers to reach you. WPForms allow you to easily create surveys, payment forms, order forms, contact forms, and subscription forms. With WPForms, you can access 300+ pre-built landing pages and forms and see valuable analytics like tracking and abandonment. 

2. MonsterInsights

MonsterInsights connects websites to Google Analytics which allows you to gather data on who visits your site and how they find it. With MonsterInsights, you can make the necessary changes to boost subscribers and traffic. 

3. All in One SEO

More than three million websites use All in One SEO. This plugin is SEO-friendly and offers all the tools you need to maximize your on-page SEO. With an SEO-maximized site, you’ll boost your website traffic, which increases revenue. 

4. OptinMonster

OptinMonster is the most widely-used plugin for boosting sales and email subscribers. It allows you to convert bounced website visitors into email subscribers. With hundreds of conversion templates, it is easy to build personalized campaigns. 

OptinMonster WordPress Plugin

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5. PushEngage

Push notifications allow you to send targeted announcements to website visitors. PushEngage plugin offers A/B testing, drip campaigns, tracking, segmentation, and opt-in reminders. 

6. Shared Counts

Social sharing effectively allows your customers to tell others about your company. With Shared Counts, you can add social sharing buttons to your website. Additionally, this plugin lets you see how many people shared your content. 

7. WPML

With the Internet connecting people worldwide, you likely have customers in different countries speaking various languages. WPML allows your business to create multilingual websites. 

8. WooCommerce

WooCommerce is a must-have plugin for e-commerce businesses. More than five million websites and online stores use WooCommerce. WooCommerce offers a  WordPress ecosystem that includes hosting and themes.

WooCommerce WordPress Plugin

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9. Nextiva

Believe it or not, people do still contact you by phone. Nextiva’s plugin allows your business phone to have online faxing, unlimited calling, call routing, and more. 

10. Ahrefs

With Ahrefs, you can get an inside look into your competition. You’ll be able to see the strengths and weaknesses of your competitors. Ahrefs also track your and the competition’s backlinks.

11. Smash Balloon

Smash Balloon boosts website engagement by sharing your new content. It offers plugins to many popular social networks. Smash Balloon allows you to customize your feed anywhere on your website. 

12. BuzzSumo

BuzzSumo helps you get your content out there with the ability to connect with influencers and generate high-performing content. It also allows you to find trends in your industry. 

BuzzSumo WordPress Plugin

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13. WP Super Cache

With the speed of the Internet, customers are impatient. If your website takes too long to load, people will abandon your site and head to another. WP Super Cache improves your site’s speed by converting dynamic pages to static ones

14. Pure Chat

Having more than one way for customers to contact your company will help you retain them. In addition to contact forms, offering live chat with Pure Chat will allow customers to talk to someone at any time. With someone always available, your customers will be satisfied. 

15. MailChimp for WordPress

It is crucial to have an email list. MailChimp allows you to access customer emails from comments, contact forms, and opt-in pages. MailChimp is one of the best and easiest-to-use email platforms around. 

16. LeadBoxer

LeadBoxer tells you who visited your website. This notifies your sales team and lets them know who they need to reach out to. People who repeatedly visit and spend time on your site are interested in what you offer. 

LeadBoxer WordPress Plugin

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Leads are what generate sales for your business. One of the most important lead-generating options out there is a WordPress website. A website will ensure your company will be found online.

Having a website for your business is a great start. However, if you want to maximize the effectiveness of your website, you need customization. With these 16 WordPress plugins, you’ll be on the fast track to building your business. 

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How to Develop and Implement Your First Successful SEO Campaign

How to Develop and Implement Your First Successful SEO Campaign

Marketing strategies are constantly evolving to keep up with the fast-paced digital world. Now, more than ever before, customers are able to see a comprehensive list of solutions in a matter of seconds.

As technology continues to get smarter, potential buyers are becoming even more accustomed to personalized product searches. In order to stay relevant, businesses must remain on top of the trends to make sure the internet is working to their advantage.

Search Engine Optimization (SEO) is not a new term to those familiar with digital marketing practices. However, SEO has become a major buzzword as these campaigns continue to rise to the forefront of marketing plans. With this increase in popularity, successful digital communications rely on an accurate understanding of SEO and best practices for campaigns.

Read on or jump ahead to these topics:

What is an SEO Campaign?

Search Engine Optimization is the process of improving your digital resources to increase visibility and engagement through web traffic. The goal of SEO campaigns should be twofold: to grow the volume of visitors and to improve the quality of their online experience.

This works when your content is able to show search engines that it is the best answer for the topic. While all search engines are powered by different algorithms, Google has a market share of about 92%. Focusing your optimization efforts around this platform is the best place to start.

Spending money and allocating resources for marketing strategies is an investment for future growth. You want to make sure your return-on-investment (ROI) is as high as possible. By using SEO, you should start to see an uptick in web traffic from qualified leads as your site reaches your target audience.

Timeframe for Seeing SEO Campaign Results

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Successful SEO campaigns are based on thoughtful and targeted keyword research, link building, and web analysis. An in depth understanding and correct implementation of fundamental SEO principles will significantly boost your ROI.

Over a three year average, B2B industries see a 702% ROI from SEO campaigns, and a 7 month timeline to break even.

Identifying Your Target Audience

The first step to successfully implementing an SEO campaign is understanding who your target audience is. A target audience is a real group of people that could be interested in the products or services offered by your company. 

Your SEO campaign should work hard to direct as many potential buyers to your site as possible. This kind of brand exposure will help increase your sales conversion rates and build out your sales pipelines with new leads.

By understanding the ideal base for your audience, you will be able to map out your SEO strategy. This will help guide your keyword search as you narrow down the most likely used terms for optimization. Tailor your online content toward this specific group of visitors to help improve your overall customer experience.

There are a few ways to determine your target prospects. Start by understanding your current client demographics. Open communication between marketing and sales teams will allow salespeople to share profiles of their customers. 

Take advantage of social insight tools. Social media and website tracking can provide vital information about exactly who is actively engaging with your content. 60% of consumers subscribe to email blasts to stay involved with promotional messaging. By analyzing current followers and subscribers, you can build out your ideal target audience.

Identify the questions being asked by potential buyers. Which problems does your current customer base have that are solved by your products? If you can pinpoint the topics of discussion, your content can reach similar groups facing these issues.

Organic Keywords & Data Analytics

Share of commerce traffic generation from organic searches

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An organic keyword attracts free traffic through SEO, whereas pay-per-click (PPC) words are bid on through paid campaigns

On average, there are 3.5 billion Google searches happening each day. Organic keywords can help drive traffic from those searches to your website. Using words in your content that people are actively searching for is the best place to start gaining organic traffic. 

Organization is also key. Avoid dumping words onto one page, and make sure to use them throughout your site. Unique content that offers genuine information is the best way to utilize these organic keywords.

Data-driven marketing means using collected data as the main component when creating your SEO campaigns. This tactic allows your research to guide the build-out of marketing strategies for effective implementation.

Use data analysis tools to better understand the ways traffic interacts with your content. By analyzing your data, you will gain a better understanding of visitor behavior and drive more organic traffic to your site. 

Developing and Implementing a Successful SEO Campaign

Now that you have the basics down, executing your SEO strategy should be easy. Try the following steps to get started.

1. Evaluate Your Current Site and Its Content

Are you using a modern website builder? If your site’s platform is up-to-date, optimization will be a much easier undertaking. SEO will not work outside of a user-friendly environment.

Audit your current SEO plan. Maybe some of your pages already have a good foundation. Don’t throw out anything that is already working. 

Make sure to pinpoint the areas that need change. Focus on evaluating your current URLs and page structures.

2. Topic & Keyword Research

Before you can develop a list of keywords, you will need to create a set of topics to explore. A topic is a set of related search terms broader than your keyword list. Gather all relevant details when building out these sets.

You will want to dive deep into the research to have comprehensive knowledge of your chosen topics. Figure out the total search volume for these words, analyze the type of existing content appearing, and gauge competition levels.

3. Create Quality Content

It’s a simple step, but it may be the most important one in creating your campaign. Content needs to be authentic and relevant to your audience. 

Your site should be free of technical errors. Pages should include strong titles, which is a key element in SEO.

Try to produce evergreen content. If your blog is full of pieces that are relevant to the industry, chances are you will see more engagement. This can include ‘how-to’ articles, product reviews, and videos. 

Establish partnerships and create strong relationships with social influencers. Your content should provide shareable information. Earn credibility by producing pieces to share your brand’s mission with your target audience.

Use backlinks to help build confidence in your brand. This helps signal to search engines that other sites approve of your content. Earning backlinks from highly respected sites should be a desired goal.

4. Implement On-Site Optimization

Once you have content ready to go, it is important to maintain your website for SEO-friendliness. Utilize keywords in your URL slugs. Optimize the alt-text for your digital media, and be sure to incorporate long-tail keywords. 

Don’t forget about technical optimization as well. Server speed, source code, and IP addresses should be evaluated for the best user experience. 

Making sure your content is mobile-friendly is extremely important. To help with this, use the smallest file sizes possible for graphic content.

Create meta titles and meta descriptions that look natural while featuring keywords. Optimize the layout for user experience and search engines. Focus on fixing any accessibility issues such as any 404 redirects from Google.

5. Combine Your Campaign With Other Marketing Resources

Email marketing is a strong tool on its own. It’s even more powerful when paired with a comprehensive SEO strategy. 

Use personalized blasts to drive qualified traffic to your site. Test content through email, and add successful elements to your site. 

While social media isn’t a direct ranking factor, you can still use it to boost your overall brand awareness. Increase engagement through social shares, find link opportunities, and have positive interactions with potential web traffic.

Thought leadership allows your brand to establish itself as a leader in the industry. 47% of C-Suite executives said they shared contact information after reading thought leadership content.

When providing this type of content, make sure it fits within your SEO plan. If potential decision makers engage with your site, it’s important to make sure they are directed to the right place.

Integrations and SEO Campaigns

Once you have a plan to roll out your SEO campaign, use integrations for smooth implementation. Leadboxer connects with email marketing tools like MailChimp to help track data from audience engagement.

This software allows you to see who is visiting your site so you can learn what they do once they land on the page. Use this information to fine-tune your content and improve the customer experience. 

By tracking engagement, Leadboxer helps demonstrate which parts of your SEO campaign are working and which areas could use improvement. 

To see how your business can benefit from the LeadBoxer lead generation platform and its many app integrations, sign up for your free trial today!

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