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Almost 3 out of 4 B2B leads are NOT sales-ready. Better crank up Demand Generation

Guest post by: Jeff Ogden

Article Overview: With so few leads going to sales being sales ready, companies need to focus on demand generation and deliver fewer, more qualified leads to sales.

Free Download - Marketing Made Simple TV is looking for a few good sponsors By Jeff Ogden
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Almost 3 out of 4 B2B leads are NOT sales-ready. Better crank up Demand Generation

In a Marketing Sherpa Case StudyThe Complex Sale: Lead scoring effort increases conversion 79%(click the link for the full case study) But we summarize here. It was found that almost 3 out of 4 leads (73%) being passed to sales are not sales-ready.

This is a massive waste of time and money. Find New Customers needs to share this with top executives in B2B companies. ByLead Scoring implementing Lead Scoring, the number of leads went down and revenues went up.
Fewer leads means higher revenue. Lead scoring needs to be part of your marketing strategy.


RESULTS Because lead scoring went into effect in May, Bersin began seeing results in the third and fourth quarter of last year. "Between the third and fourth quarter, the number of leads associated with a closed opportunity actually dropped by 18% -- we were sending fewer (leads) -- but the amount of revenue we got from those leads increased by 41%," stated Bersin. Also between Q3 and Q4:
  • Leads sent to Sales dropped 52%
  • Converted leads increased 79%
  • Closed and won revenue from reengaged leads increased 21%
B2B sellers today need to implement best practices lead nurturing and scoring programs. Software automates the process, but does NOT create engaging content and rock-solid processes.
You need to talk to some of the experts out there, including Find New Customers.

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Home > Marketing > Jeff Ogden > Almost 3 out of 4 B2B leads are NOT salesready Better crank up Demand Generation >
Article Tags: B2B demand generation, B2B lead generation, btob demand generation, btob lead generation, Find New Customers, global marketing, lead generation companies, lead nurturing, lead scoring, sales lead generation

About the Author: Jeff Ogden
RSS for Jeff's articles - Visit Jeff's website

President of the B2B lead generation company Find New Customers. Also the host of the B2B marketing show, Mad Marketing TV. We help companies rapidly grow revenue by transforming the ways they attract, engage and win new customers.

With 8 out of 10 companies saying the lack of quality sales leads is their biggest problem, they need help. SiriusDecisions also found that fewer than 1 out of 10 companies that implement lead management software went beyond the basics. They need help.

We help companies implement world class lead generation programs. Companies need quality sales leads, so they need sales lead generation programs including social media marketing. They need to implement lead nurturing programs. We are considered one of the best leads generation companies in business today.

Click here to visit Jeff's website
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More from Jeff Ogden
Definitive Guide Making Quota
7 Keys to Lead Nurturing
How to Find New Customers
7 Keys to B2B Marketing Succes


Related Forum Posts
Re: Conversion rates Re: Conversion rates - Great point Kevin, word-of-mouth is a great way to convert leads as they are being recommended by someone they trust. My job is converting website visitors into leads, and of the leads we get from the website/s we convert around a 12.5% (of leads). At this point I think our website is the best leads vehicle right now.
Re: Traditonal Demographics Do NOT Work with Generation V Re: Traditonal Demographics Do NOT Work with Generation V - That article is the first time I ever heard the term. I found this definition - [i:189o61sy]The term Generation V (for Virtual) is used to describe the online culture in which relationships, services and communication are carried primarily and preferably through electronic media. Generation Virtual is made up of people from multiple demographic age groups who make their social connections primarily online - through virtual worlds in online games, in social networks, as bloggers, or through posting and reading user-generated content.[/i:189o61sy] I like the targeting options the internet offers much better than the typical demographics. Age is particular is not nearly as effective in finding a target market unless you want to target kids. Too many of the typical demographics rely on stereotypes and just seems outdated for many types of promotion. That's one of the reasons this article title caught my eye. Shri
Re: Direct Mail Postcards Re: Direct Mail Postcards - Great discussion! I just started using direct mail postcards for a business of mine. The leads are generated by the company and then sent to me to place on the postcards that are already made up. It's important to get targeted leads for any form of advertising venture. Finding quality leads isn't tough, but takes some work. Luckily for me the company does this work for me. These people are interested in starting a home business, working from home, etc. That's what I'm advertising on the postcards, so I would say they're very well targeted. The postcards are also made by the company who have over 20 years of experience in generating responses. Now, the problem I see as I deal with this directly working for an insurance company where I call leads, many people may forget that they ever requested information on the subject. In this case the postcard would probably get thrown away, unless it really grabbed their attention or struck their memory. The same problem can be seen when someone needs to confirm their request for being added to your email newsletter.
Re: How much time during the week do you devote to prospecting? Re: How much time during the week do you devote to prospecting? - I like to think of this as a case of the 80/20 rule. For me the key to my business is generating leads for it, I have a system in place that will allows me to automate a lot of the work, I still need people flowing into the system, so in order to answer your question I would say i spend 80 % of my time marketing my business. I think for most businesses,networkers and sales people the problem of too many leads would be a real nice one!!!
Re: Run when you can, walk when you have to, crawl if you must; Re: Run when you can, walk when you have to, crawl if you must; - Thanks Jason I was overseas during the Hippie Generation (but i understand according to you, we have not completed that generation) I just don't see the long hair, bare breasted flower children and open drugs as I understand was so prevalent then or I haven't been looking in the right places. OFF THE CHAIN got me? As to sex and age, I always prefer to see a warning to others, especially minors A question for you, "With so much FREE sex, videos, pictures, stories as such available on the interest, readily accessible to all - Why does SEX still Sell online?


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