Monday, May 23, 2011

Business Marketing Concerns Time and Perseverance



When you want to nurture a lead, you have to think of this concept as a long-term approach. In addition, it does not involve randomly sending out letters with the same content going out to a whole list, and it does not involve trying to sell to your list from the first day that they sign up. In fact, a recent study showed that more than 90% of qualified prospects who visit your website are not actually ready to speak with any sales representative.However, the study also showed that around 70% of these prospects will finally purchase one of your products or one of your competitors’ products once they gain enough information. By understanding what this research has revealed, it will help you to better approach your b2b ecommerce strategies when it comes to managing and nurturing your leads.

Lead nurturing plays a crucial role in B2B marketing. In fact, any type of marketing plan would involve some type of nurturing when dealing with prospects or clients. Therefore, when building a list, while the end goal is to sell to that list and hopefully turn most of your prospects into buyers, in order to achieve that, it will be necessary to build a relationship with your prospects. The first important rule that you should never forget is that B2B prospects are humans as well. Therefore, they will have very similar emotional triggers to that of the regular consumer. By understanding and acknowledging this rule, it will help you to nurture your leads in the correct manner. This leads to the another rule, which is to continuously try to figure out at what section your prospects are in the sales funnel. The only way in which you can achieve this is by carefully analyzing your mailing lists. You can even find out where your prospects are situated, as well as how much time they have spent on a particular page on your website. Some of these mailing management programs even go as far as using this information to automatically segregate your leads, thus ensuring that you treat one prospect differently to another when mailing out to your list.


By taking the time to slowly nurture your leads, you will find that it is possible to generate over 50% more leads that are now "sales ready". In addition, you will find that when your prospects do finally purchase one of your products, they will most likely purchase again, only because they feel that you as a marketer have listened to them, and understood what their needs really are. With B2B marketing becoming more dependent on the Internet as its medium of communication, it is crucial that marketers fully understand the way lead generation and lead nurturing functions. Regardless of whether they are customers or prospects, listen to them continuously. This also means supporting your customers even after the purchase has been made.

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