Warm Calling is More Effective
Warm calling not Cold Calling
Cold calling takes a considerable amount of time and work. By giving sales professionals the support they require, it can become a much more efficient process if you utilise exhibitions.
A structured conversation or “Pitch” is essential and going into calls prepared, will result in a much better success rate. The conversation needs to be structured taking your intended target don’t a path, so any sales person conducting these calls needs to be suitably prepared. That means knowing the right questions to ask and the importance of having the answers to potential questions. Making notes of the important details and ensure that you are speaking with the right people.
ROI from Lead Generation
Learn how to get the best ROI from your lead generation:
Performance metrics should be used to set targets and estimate ROI. It’s important to establish a benchmark, on each stage of the process, not just email opening and click rates as well as a breakdown of phone usage and other resources. In our experience performance metrics like these can be used to calculate targets, but they should be formed with an understanding of past results, expected performance and required ROI. Knowing the cost of each lead generated and the conversion rate at each stage of the process is vital to setting realistic goals.
Cost effective marketing
Set a target of getting through to decision makers, it may be 10% or if generated via exhibitions it can be as high as 50%, because it is not a cold call! In fact a lot of the contacts can be incoming so if those calls generate a meeting from 25% of these conversations, the numbers will stack up.
Lead Generation
Lead Generation
But it always seems that 80% of your sales comes through 20% of your channel or sales team. In an ideal world we can identify the 20% and ditch the 80% who are not producing the goods or sales! Whist in reality it is not that simple.
While many of the techniques involved in generating leads have been in use for as long as sales has been a concept, it does not matter whether you are generating sales leads of channel partners or end users for your channel partners to follow up.
Generating business leads by participating in the many trade shows and performance can be monitored and improvements can be made with a percentages of leads generated turning into business.
At the start of the sales journey, it can all be baffling, so a good place to start is the correct type of exhibition. With previous success stories from shows as a basis its what’s ahead that matters, following an exhibition there’s an understandable tendency to feel overwhelmed by the number of leads generated, push out an email and wait for the channel partners and sales to roll in. For the best sales professionals though, lead generation means new business and is seen as an opportunity, with a conversation of meaning as an essential tool, leading to the contract.
Yellow Brick Road to Sales
As always in sales KISS ( Keep it simple Stupid ).
We are involved in IT, but there are many different sectors ranging from Data Centres, Cloud Computing, Managed Service Providers, Internet service providers, through to the life blood of the channel with Resellers, Value added resellers, distributors, Value added distributors and system integrators.
The Sales Journey
The Sales Journey End user or the Channel
The first stage of any sales journey is recognising and capitalising on your market
No matter what type of business you are involved with, deciding early whether to take a direct route or a channel route is an early decision.
Utilising agents, dealers, distributors or resellers or to sell to end user customers, the ultimate goal is to sell your product or service.
Firstly you need determine your route to market:
More Articles...
Subcategories
- Resellers & VAR's
- Channel Partners
- Newsflash
-
Mobile Computing
Mobile Computing, Laptops, Notebooks, Netbooks, Ipads, Smartphones, IP devices, channel, resller, data center, centre