Generate Sales Leads By Harnessing the Power Online

August 21, 2008 on 9:17 am | In Business |
by David B. Ascot

Happy, loyal clients who make repeat purchases and send you referrals over many years are the holy grail when it comes to running a successful business. Conversely, there are some customers who are never satisfied and will do nothing but waste your time and distract you from allocating your resources where they can have the greatest positive effect on growing your business. It makes sense, therefore, to explain more about some of the lead generation concepts and strategies that are really working on the internet right now to drive new business and companies of all shapes and sizes.

First, though, let’s take a moment to look at lead generation. Why is this so important? In many industries, lead generation often will dictate how effectively you drive revenue. There are many complex sales scenarios that highly depend on having a consistent supply of qualified leads.

Is Lead Generation Important?
Lead generation is important, even though it’s not always the most important constraint on your sales volume and increase in business. Nevertheless, let’s talk about that some other time. For our purposes, of course, generating qualified leads at lower cost is going to help you exponentially grow sales, as will using less human intervention and effort, which is time consuming and not particularly efficient.

In reality, most companies have a sales force that actually does relatively little selling. As an example, consulting firm Ballistix found that many sales people, especially those in complex situations, spend as little as 8% of their time selling to prospects. The rest of the time, they were oriented to opportunity management, customer service, clerical tasks, technical tasks, prospecting and social activities.

The actual numbers may be typical of a business-to-business sales situation, but for most business owners, salespeople and managers, if there’s too much time spent on activities not related to sales, performance suffers.

High Performance Lead Generation Process
So you need a high performance lead generation process. Let’s look at what that means.
A high performance lead generation process allows you to do the following:

1.You’ll attract more qualified prospects more efficiently and at less cost

2.You’d educate prospects as to why you’re better and different than your competitors

3.You’ll teach your potential clients to trust you, so that they’ll be comfortable talking with you about what you offer

4.You nurture prospective customers at all stages of the game, so that you give them the right message depending on the stage of decision-making they are in

5.It’s scalable, so you can manage many times more leads with only incremental additional effort and resources, and

6.You’ll get more sales with less cost and effort.

You have to start with a strategic framework so that the tactical stuff is actually worth something. Simply put, the Marketing Results lead generation methodology uses Internet analytics so that you can precisely decipher why and how visitors are spending time on your website. At the same time, you can leverage proven conversion and traffic strategies so that you cut down marketing waste, expand your effectiveness and reach, and boost lead generation results exponentially.

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