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Topic : Lead Your Leads
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BattleGround for Sales Professionals

 
Started by : Savita Dalvi, Sales/BD Manager, IBM-Daksh   11 25 2009 12:37:26 +0000
Industry : IT ProductsFunctional Area : Strategy Execution(Strategy & Execution)
Keywords : effective lead create
Activity:  32 views;  last activity : 07 06 2010 20:18:09 +0000

An effective lead generation and its management is the need of the hour. There are many systems, process and software available in the market to help the marketeer to get the best out of lead generation. Unfortunately most of the system available in the market is up to the level of consumer contact but not to the level of conversion. Marketing activities that increase your number of sales are good, and activities that don't are bad, even if they bring in plenty of leads. If you don't follow up on the sales leads you gather, you are throwing away your time and money. Creating productive leads is a smarter decision rather than increasing the count on leads the partner should emphasize on relevance and quality too. The idea is not to increase the count; partners should emphasize on relevance. So, how to create an effective Lead?

 
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1 2 3 4
1 Prioritize and Define Objectives.
2 Maintain a clean database.
3 Create a lead-management system
4 Own database, maintain, make personal contacts.

Prioritize and Define Objectives.

idea posted by Savita Dalvi Sales/BD Manager, IBM-Daksh

Begin by defining your higher-level business objectives (such as revenue goals, ROI expectations, etc.), followed by your campaign objectives (expected number of leads generated, quality of leads obtained, etc.), and lastly outline your tactical objectives (schedule, budget, etc.). By defining these goals from the outset, you are more likely to create a campaign that meets your expectations. Too often companies embark upon campaigns that have no quantifiable goals in mind and then later wonder why the campaign was not "successful."

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Maintain a clean database.

idea posted by Dharmena Prajapati Sales/BD Manager, Wipro

In my opinion, there should be a clean database maintained. While it sounds simple and very obvious, many companies do not diligently process requests to be removed from their mailing lists, undeliverable e-mails, update forwarded addresses, and worse still, many do not check for duplicate records. By NOT performing routine database maintenance, you run the risk of having your database populated with “cold,” or “unqualified” leads, which unfortunately will add to the cost and possible failure of future campaigns. These costs can be added in a variety of ways including, but by no means limited to, distribution costs, print costs, or costs per lead. You want to maximize your marketing dollars and your database by targeting only the most valid, accurate, and qualified leads.

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Create a lead-management system

idea posted by Mohit Aggarwal Sales/BD Manager, Oracle

I beleive, Few companies succeed in turning prospects into customers without the help of a structured lead-management system, which should include telemarketing. The general principles of lead management create an ordered structure for managing volumes of business inquiries, frequently termed leads. The process creates an architecture for organization of data, distributed across the various stages of a sales process, and across a distributed sales force. With the advent of the Internet and other information systems technologies, this process has rapidly become technology-centric, as businesses practicing lead management techniques have shifted much of the prior manual workload to automation systems, though personal interaction with lead inquiries is still vital to success.

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Own database, maintain, make personal contacts.

idea posted by Arvind Dorwat Sr.Executive - Cleint Servicing, Paradigm Plus Marketing Communications Pvt. Ltd.

We should apply 2 separate teams for effective & live lead generation. 1. Internal team should explore by various means - new & existing  customers,  markets,  product demands, competition. 2. Marketing team should catch nerve of market and report to internal team, as well as make personal contacts and tap leads.

Business Development Manager is responsible for aligning the working of both teams and get results.

There is another angle... proper marketing communications and perfect media planning eases the hardwork.

And we know, relationship with  long term customers is better than short term customers giving temporary boost.

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I don't think such things exist. But we have many training institutes and consultancies which help you in knowing yourself better....
No it is not... train yourself as per the requirement in the industry... then you will not find it difficult.....
Thanks for posting..... !!!
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