Use Financial Lead Generation To Save Your Strength

Think of financial lead generation like a car mechanic and your financial services company is the casual driver who just wants something to get them places without worrying too much about engine trouble. The more of your own business strength is spent on lead generation, the more you should consider re-evaluating it.

Speedy IT Lead Generation – Got Enough Gas?

As with IT products and services, your IT lead generation process is expected to work at a speedy pace. You have competitors and prospects alike getting ahead because they inform themselves faster and have a lot more sources at their disposal. The faster your lead generation process churns out business leads, the better right?

Lead Generation Tips – Divide Attention Among Products

While your lead generation process wants undivided attention from prospects, you might want to divide that attention again among your own products and services. For example, if you are medical device vendor and you have long expanded to include a variety of tools in your catalog, marketers always do it in sections! It is a preventive measure against the ancient lead generation pitfall known as information overload!

Treat Your Sales Leads Professionally, Not Dramatically!

While getting sales leads is your marketer's job, that does not mean they should not (or cannot) express concern over how your salespeople are treating them. You may have already heard this before but you will still hear it here: sales and marketing work hand-in-hand.

Business Leads Are Valuable For Both Sides

Just because your marketers have outlined their responsibilities on paper does not mean they cannot chime in on the actions of salespeople. Your salespeople in turn should not be afraid of giving and sharing feedback. In short, this is a call for both parties to act professionally and not act as if they are characters in some business drama.

Many negative stereotypes surrounding the business world are spawned from what is actually unprofessional behavior. For example, marketers actually act the part of pushy salespeople when they are just supposed to only qualify interests for appointment setting. Meanwhile, your salespeople are exhibiting behaviors that turn off prospects simply because they cannot tell their business world fantasies from reality.

It does not even matter what method you use. The problem lies at the human behavioral level so therefore, your solutions should focus on fixing that behavior. Because whether you use telemarketing or email marketing, that behavior will kill all your campaigns.

Related Content: The Top 3 Ways To Kill Your Telemarketing Campaign

This might sound more like an HR problem but this is an HR problem that specifically involves the people who are bringing in your customers. They are a critical part, if not an entire half, of your whole business model. So knowing that, you should still view this with the perspective of both parties in mind. A few things you can look into include:

• Mode of communication – While it has been previously stated that form of communication does not matter, take a small note of how your marketers perceive the tools they are using. If you are outsourcing for example, do your provider's employees actually have their own belief in their chosen method? If not, then it is no wonder they do not deliver as many B2B sales leads. Obviously, you do not want a telemarketing call in the hands of someone who finds parodies of the approach more factual than the real thing. 

• Means of appointment – Like with your marketers, the bad behavior of your salespeople might be tied to the kind of meetings they have with potential clients. As ridiculous as this might sound, those who lack a sense of professionalism might have a tendency towards dramatic delusions. Still, it makes for an easy start. Do your salespeople see themselves as actual professionals or just characters from Gossip Girl? 

Related Content: Don't Waste Lead Generation On Bad Sales Processes!

There is no doubt you will encounter defensive responses (and you yourself might feel a pang of guilt) from conducting this kind of evaluation. Despite that, this is a basic truth that is accepted among marketers and salespeople from all over. Ask yourself, who would want this kind of unprofessional representation? Nobody.

Hence, make sure you treat your business leads are treated professionally whether it is in B2B telemarketing or in client meetings.

How Telemarketing Is More Realistic Than Popular Opinion

Telemarketing is no stranger to knocking heads with popular opinion. More specifically, when it comes to clashing with popular opinion on themselves. But as conventional as this might sound, appeal to popular opinion has always been a logical fallacy.

Popular opinion likes to depict the telemarketing industry as one that's going the way of snail-mail. The labor is often depicted as drab and weary. Agents are infamously portrayed as being overworked and exhausted despite the supposed simplicity of their work. Thus, the prospect of using it in marketing processes like lead generation and appointment setting seems archaic and therefore highly unrealistic. Who wants to hear a marketer on the phone these days right?

The reality is hearing a live conversation is as realistic as you can get (well, perhaps with the exception of actually meeting face-to-face with a prospect). On the other hand, it's plain to see that many companies and their customers don't necessarily want to reach that level. Who would want a face-to-face meeting just to purchase something?

If you're in any B2B market, your surprising answer would be: a lot.

Many B2B companies offer complex products, services, and even just solutions in order assist other companies in their endeavors. Such complexity requires a lot of discussion, a discussion that can only be had in a live business meeting.

Ironically, this is based on the simple logic that a real phone call is, in fact, more realistic compared to other forms of business communication that many telemarketing critics like to champion. Just a few examples range from lesser anonymity compared to email while still sharing the flexibility and flow of an email conversation. (You can even argue that B2B telemarketing is a lot faster.)

Here are a few more ways that telemarketing can seem more 'real' than mere popular opinion:

• Live feedback – Whether it's in a customer survey, a raw survey, or even customer support, you get to literally hear it straight from the mouths of B2B prospects and customers. The fact that telemarketers make a note to record their conversations only serves to prove that point. 

• Empirical results – With live feedback comes results that are more empirical than text-based messages and conversations. Tracing the source of an email can be a lot harder than tracing the source of a phone call. Even if you can't find the source, you have the live recording a of a real person's voice against a message that anybody could've typed. 

• Makes you realistic too – Opening your business to phone calls is a good way to insure transparency and avoid bad PR. Whether you're contacting potential B2B clients or receiving calls for current customer concerns, they'll both know your business is real. They have as much evidence of your validity as you have of theirs. That not only emphasizes on how real your business is but you're also being fair too. 

As always with popular opinion, it doesn't constantly win out. Most people may not see much of telemarketing from the privacy of their own homes. But when it comes to attracting B2B leads, it remains an ever present tool even in multi-channel marketing.

Inbound Telemarketing – There Shouldn't BE A Voicemail Hell!

In the above video, you will find suggestions for a few websites that can help assist customer service callers bypass what they call 'voicemail hell'. Voicemail hell is apparently their term for the mind-numbing grind they undergo before they actually get in touch with a marketing representative. However, perhaps the biggest tragedy is that these sites exist because of a mistake. That mistake is that your telemarketing service shouldn't be putting customers in that hell in the first place!
If you think this is bad for regular customers, what about busy business owners or even C-level decision makers? These people are busy and their day doesn't leave them much time to put up with this kind of service. Excessive automation is a bad thing in telemarketing and there's no excuse for it. Besides, there are plenty of alternatives to this and they don't necessarily even require you to do away with telemarketing at all:

• Website – If you want your customers to troubleshoot a problem, don't force them to use a phone for it. It's a lot easier for them to go to your website and get their information there. That does away with much of the automation they would otherwise go through in their calls. Any more serious problems should be good enough reason to connect them with a live customer service representative. 

• Email – A contact center doesn't have to be closed off to email. Some customers don't want to discuss the problem in real time but instead would first prefer to collect their thoughts and write it down. If your B2B customers want to write down these problems, use an online ticket system that sends messages to your company inbox. Take note though that your agents should still respond as quickly as possible. 

• Social Media – Getting real-time feedback via social media is another better idea. Customers can help each other out with the easier problems instead of forcing themselves to call upon customer support all the time. The community-oriented purpose of social media also serves as your eyes and ears to your market so keep them open to spot trends in problems. 

Now asides from the alternatives, there are a few more things you can learn from this video with regards to good customer service:

• 1: People still want live telemarketing agents – The existence of voicemail hell can serve as proof that people still want to talk to live agents instead of anything automated. They want to engage with and talk to a live person. This demand could go beyond only customer service and could also reflect the need for real conversations in marketing activities like B2B lead generation. 

• 2: Excessive dependence is bad - Too much dependence on new technology will eventually bring up its flaws. However, you shouldn't wait for that time to come. Don't be closed to the idea that there are still some things that live agents can do that machines can't. 

• 3: Time is still of the essence – It also serves as a reminder that, whether your customer is B2B or B2C, their time is and always will be valuable. When communicating with customers, don't take up too much of that time by forcing them to spend it in phone traps like voicemail hell.

There aren't just alternatives to the bad practices that result in voicemail hell. Its existence is proof that people still want to talk to live agents whether its in customers support or even in telemarketing. That should give you all the reason you need to retain real people who can give a real conversation.

Appointment Setting – There's More Than One Way To Communicate!

First off, communication is important for generating business leads. It's the process that obtains valuable information about possible clients. Here are just some of the important kinds of information that play a key role in successful sales.

• Time – You obviously need to know when they can be available for a business meeting.
• Needs – This is another vital piece. It will help you long after the sale is made and when you're well on your way to providing the product or service.
• Budget – You'll also need to know if they can afford to give you your sale.
• You – A bit strange? You see, while you're gathering information on the prospect, that prospect is also gathering information on you. You also have to give information they want if you want to convince them to meet up.

However, one common mistake among lead generators is that they stick too close to just one form of communication. They would even go so far as to persist despite the obvious signs of ineffectiveness. This doesn't just apply to older methods like telemarketing and direct mail. The same also goes for social media, email, and other new forms of online marketing that are trending in the business world today.

An unhealthy dependence on one form of communication never bodes well in any process that requires you to be considerate of the prospect. Different people prefer different ways to communicate. When one person scoffs and says, “Who uses the phone these days?”, another person will say, “I don't need Facebook. Just give me a call.”

You never know what kind of medium your target decision makers and business owners would like to use. Maybe you can look up research studies and start coming up with generalizations but that's not enough. There are already differences just between industries with regards to how people would like to be contacted. You might also encounter exceptions.

Communication must be flexible in order to meet the desires of a diverse selection of prospects. A lead generation campaign is only a success when it ultimately delivers quality information on potential clients. The kind of communication you used won't matter as much.

It also implies versatility. When one method fails to reach them, use something else. For example, if you can't get through to them on the phone, try to look up their business on the internet. If they don't want to talk much via social media or email, then convince them to have the conversation on the phone. These are just some of the ways you can combine several forms of communication in order to establish a connection and take you closer to a set appointment.

Now if you're worrying about costs. That's not a problem either. Try outsourcing some of the other forms if you can't afford more than one. You want email? Try outsourcing email marketing companies. You want telemarketers? Outsource telemarketing services. What's important will always be making that connection, engaging in a conversation, and coming out with beneficial information. There's more than one way to communicate and set an appointment!

Defrost Your Cold Calling Approach

One of the reasons why people dislike getting random phone calls is that it's just that: purely random. And when you look at the worst examples, you have to admit that the whole thing sounds a lot like a numbers game. You get a list and start calling. That's it. You don't do research. You don't try and see why these particular companes might make a good business leads. You just dial in, fling your pitch, and expect a Yes or No (chances are, you'll get a No more often).

Why do you think it's called 'cold' calling in the first place? You need to defrost your approach and improve your chances with each call. And as implied above, the key is to do a bit more research. Is it really too much to first look up the company? Maybe it would have been a few decades ago when telemarketers were still scanning phone books.

Today, with internet and social media, you have more opportunities to learn more about who you're calling. This isn't even comparable to B2C telemarketing because unlike consumers, businesses can be quite eager to talk about themselves. It's how they impress their own markets. More and more companies are setting up websites and establishing presence in social networking sites. These places are excellent sources of information that can help you make yourself more relevant to the needs of their decision makers. Another advantage you have with information is that you also know a few things that would make for a good conversation.

Furthermore, information isn't just the only way to boost your chances. Throwing in a bit of email marketing can help too. Try contacting prospects that way and get those who respond into receiving your call. If you're going to insist that you don't have the time to look up a company, then you a list of addresses instead of numbers. At the very least, your emails are going to be less disruptive.

Of course, there are limits to what you can find on the internet. And yes, companies are also taking measures to make sure that the online channels of communication don't get clogged with marketing efforts in the same way that the phone now has.

That's still no excuse to do things far too randomly. B2B leads are defined by the information they have on the prospect. Information is supposed to help improve the accuracy of your marketing efforts. It's supposed to reduce the uncertain factors which lead to randomness. An appointment setter who shows sincere interest in finding out problems and offering solutions has a higher chance of getting people to meet them than those who just try and set the date without showing that same consideration.

Ask yourself, would you rather burn through a whole list by just rapidly calling the numbers on them or would you rather improve your chances with each, single one of them by knowing more about who they are? Defrost your impersonal telemarketing approach and remember that getting information is what you're supposed to do, even from the very start!