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Components	
  of	
  Successful	
  B2B	
  New	
  Business	
  
Campaigns	
  
January	
  22nd	
  2015	
  
	
  
Philip	
  Reid	
  
CEO	
  
ResponseLogic	
  
preid@response-­‐logic.com	
  
404-­‐937-­‐3902	
  
	
  
 	
  
Introduc9on	
  
Philip	
  Reid,	
  CEO	
  ResponseLogic	
  
•  19	
  years	
  creaEng	
  B2B	
  lead	
  generaEon	
  campaigns	
  
•  Last	
  11	
  exclusively	
  for	
  technology	
  companies	
  
	
  
Proponent	
  of	
  integrated	
  campaigns,	
  however,	
  believe	
  the	
  quickest	
  way	
  to	
  your	
  next	
  new	
  
customer	
  is	
  by	
  having	
  a	
  conversaEon	
  with	
  them.	
  
Program	
  Defini9ons	
  
We	
  should	
  all	
  be	
  on	
  the	
  same	
  page	
  	
  
Proper	
  definiEons	
  ensure	
  all	
  parEes	
  are	
  on	
  the	
  same	
  page.	
  	
  A	
  few	
  criEcal	
  terms	
  that	
  need	
  to	
  be	
  
defined	
  are:	
  
	
  
Qualified	
  Suspect	
  –	
  someone	
  who	
  should	
  be	
  doing	
  business	
  with	
  you,	
  but	
  isn't	
  and	
  may	
  never	
  
have	
  heard	
  of	
  you.	
  
	
  
Lead	
  –	
  a	
  qualified	
  suspect	
  that	
  meets	
  criteria	
  and	
  is	
  ready	
  for	
  further	
  nurture	
  (proposal/proof	
  of	
  
concept	
  etc.)	
  or	
  close.	
  	
  And	
  what	
  criteria	
  will	
  define	
  a	
  qualified	
  lead?	
  	
  BANT?	
  AddiEonal	
  
qualifying	
  quesEons?	
  
	
  
Lead	
  Hunters/Account	
  Managers/Telemarketers/	
  Lead	
  Generators	
  –	
  what	
  do	
  we	
  call	
  them?	
  
	
  
Program	
  Goals	
  and	
  Objec9ves	
  
Goals	
  are	
  Good!	
  	
  
We	
  like	
  goals	
  that	
  are	
  measurable?	
  (Because	
  we’re	
  probably	
  NOT	
  doing	
  this	
  to	
  raise	
  awareness)	
  
	
  
What	
  do	
  we	
  want	
  to	
  accomplish?	
  	
  IdenEfy	
  qualified	
  “sales-­‐ready”	
  leads?	
  Acendees	
  to	
  an	
  event?	
  
	
  
What	
  milestones	
  do	
  we	
  need	
  to	
  reach	
  and	
  when?	
  At	
  the	
  end	
  of	
  X	
  number	
  of	
  days	
  or	
  hours,	
  how	
  
many	
  leads	
  should	
  we	
  have?	
  
Crea9ng	
  your	
  Database	
  of	
  “Qualified	
  Suspects”	
  	
  
Building	
  a	
  Targeted	
  and	
  Accurate	
  Prospect	
  Database	
  
30%	
  of	
  the	
  data	
  you	
  had	
  12	
  months	
  ago	
  is	
  inaccurate	
  (Source:	
  HubSpot)	
  
	
  
Your	
  database	
  needs	
  to	
  be	
  regularly	
  re-­‐confirmed	
  and	
  updated.	
  
	
  
Direct	
  dial	
  numbers	
  are	
  best	
  but	
  not	
  always	
  available.	
  
	
  
Should	
  we	
  enrich	
  and	
  add	
  social	
  data	
  to	
  our	
  database?	
  Yes.	
  	
  Because	
  buyers	
  expect	
  to	
  
messaged,	
  educated	
  and	
  nurtured	
  as	
  if	
  you	
  already	
  know	
  them.	
  
	
  
Social123	
  is	
  a	
  good	
  source	
  for	
  social	
  data.	
  
	
  
	
  
Assembling	
  and	
  Assigning	
  Marke9ng	
  
Collateral	
  	
  	
  
Your	
  markeEng	
  collateral	
  (including	
  call	
  scripts)	
  should	
  speak	
  to	
  the	
  goals	
  you	
  are	
  trying	
  to	
  
accomplish.	
  
	
  
It	
  is	
  important	
  to	
  “map”	
  every	
  piece	
  of	
  markeEng	
  collateral	
  to	
  THE	
  MOST	
  APPROPRIATE	
  
recipient.	
  
	
  
If	
  we’re	
  talking	
  to	
  mulEple	
  verEcals/job	
  levels,	
  you	
  want	
  your	
  Lead	
  Hunters	
  to	
  speak	
  to	
  them	
  
about	
  issues	
  that	
  YOU	
  BELIEVE	
  are	
  affecEng	
  their	
  job	
  AND	
  posiEon	
  you	
  as	
  a	
  soluEon.	
  
	
  
Watch	
  for	
  this	
  pimall:	
  Don’t	
  get	
  too	
  detailed…..Etles	
  are	
  ambiguous!	
  And	
  if	
  your	
  data	
  is	
  bad……	
  
	
  
Staffing	
  and	
  Training	
  	
  
Most	
  sales	
  teams	
  have	
  individuals	
  with	
  three	
  disEnct,	
  but	
  someEmes	
  overlapping,	
  skillsets;	
  
	
  
•  Hunters	
  –	
  Love	
  to	
  chase	
  and	
  catch	
  new	
  business	
  opportuniEes.	
  	
  Hate	
  account	
  management.	
  
•  Closers	
  –Love	
  to	
  seal	
  the	
  deal	
  but	
  hate	
  cold	
  calling	
  and	
  ongoing	
  account	
  management.	
  
•  Account	
  Managers	
  –	
  works	
  well	
  with	
  exisEng	
  business	
  to	
  gain	
  organic	
  growth,	
  but	
  despises	
  
making	
  new	
  connecEons	
  
Ensure	
  your	
  sales	
  teams	
  are	
  in	
  posiEons	
  that	
  best	
  suit	
  their	
  skillsets	
  and	
  incenEvize	
  them	
  to	
  win.	
  
	
  
As	
  experienced	
  as	
  your	
  team	
  may	
  be,	
  make	
  sure	
  they	
  receive	
  ongoing	
  skills	
  training	
  specific	
  to	
  
their	
  job	
  funcEon.	
  
Support	
  Systems	
  	
  
Avoid	
  CounterproducEve	
  Overhead	
  	
  
You	
  want	
  your	
  Lead	
  Hunters	
  to	
  do	
  what	
  they	
  do	
  best	
  –	
  idenEfy	
  new	
  qualified	
  sales	
  
opportuniEes.	
  	
  	
  
	
  
Start	
  with	
  great	
  data	
  and	
  to	
  avoid	
  addiEonal	
  online	
  research.	
  Checking	
  Google	
  and	
  Linkedin	
  kill	
  
producEvity.	
  
	
  
Virtual	
  call	
  center	
  applicaEons	
  like	
  Five9	
  are	
  inexpensive,	
  effecEve	
  and	
  offer	
  outstanding	
  
reporEng/quality	
  control	
  features.	
  
	
  
We	
  want	
  conversaEons	
  –	
  NOT	
  paper-­‐pushers/researchers/system	
  administrators	
  
Measurement	
  and	
  Management	
  	
  
Every	
  component	
  of	
  this	
  iniEaEve	
  should	
  be	
  measurable.	
  
	
  
Measure	
  the	
  Database:	
  
Qualified	
  suspects	
  to	
  Qualified	
  Leads?	
  
Qualified	
  suspects/Lead	
  to	
  closed	
  business?	
  
Bounce/Bad	
  Number	
  rates.	
  
	
  
Measure	
  your	
  Lead	
  Hunters:	
  
Benchmark	
  minimums	
  by	
  call/conversaEons	
  per	
  hour	
  
Hours	
  to	
  Appointments	
  
	
  
Use	
  the	
  virtual	
  call	
  center	
  tools	
  to	
  manage	
  the	
  quality	
  of	
  the	
  calls	
  and	
  adjust	
  to	
  make	
  improvements	
  
	
  
Expected	
  Results	
  	
  
Easy	
  Answer?	
  	
  Qualified	
  opportuniEes	
  for	
  your	
  sales	
  team	
  to	
  win	
  more	
  business.	
  
	
  
Becer	
  Answer?	
  	
  (using	
  the	
  described	
  techniques)	
  One	
  new	
  qualified	
  opportunity	
  every	
  5	
  to	
  6	
  
hours	
  of	
  prospecEng.	
  
	
  
Now	
  SCALE!	
  
Conclusion	
  	
  
1.  Start	
  with	
  a	
  solid	
  database	
  of	
  qualified	
  suspects	
  
2.  Assign	
  the	
  right	
  markeEng	
  material	
  and	
  scripts	
  to	
  the	
  most	
  relevant	
  recipients	
  
3.  Hire	
  the	
  right	
  staff	
  of	
  lead	
  hunters	
  
4.  Give	
  them	
  the	
  tools	
  necessary	
  to	
  do	
  what	
  they	
  do	
  best	
  –	
  idenEfy	
  opportuniEes	
  
5.  Measure	
  and	
  manage	
  performance	
  and	
  adjust	
  to	
  opEmize	
  results	
  
6.  You	
  should	
  have	
  1	
  qualified	
  opportunity	
  every	
  5-­‐6	
  hours	
  of	
  prospecEng	
  
7.  Finally…SCALE	
  
	
  
	
  
Q	
  and	
  A	
  	
  
Ask	
  me	
  anything!	
  

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Components of Successful B2B New Business Campaigns

  • 1.             Components  of  Successful  B2B  New  Business   Campaigns   January  22nd  2015     Philip  Reid   CEO   ResponseLogic   preid@response-­‐logic.com   404-­‐937-­‐3902    
  • 2.     Introduc9on   Philip  Reid,  CEO  ResponseLogic   •  19  years  creaEng  B2B  lead  generaEon  campaigns   •  Last  11  exclusively  for  technology  companies     Proponent  of  integrated  campaigns,  however,  believe  the  quickest  way  to  your  next  new   customer  is  by  having  a  conversaEon  with  them.  
  • 3. Program  Defini9ons   We  should  all  be  on  the  same  page     Proper  definiEons  ensure  all  parEes  are  on  the  same  page.    A  few  criEcal  terms  that  need  to  be   defined  are:     Qualified  Suspect  –  someone  who  should  be  doing  business  with  you,  but  isn't  and  may  never   have  heard  of  you.     Lead  –  a  qualified  suspect  that  meets  criteria  and  is  ready  for  further  nurture  (proposal/proof  of   concept  etc.)  or  close.    And  what  criteria  will  define  a  qualified  lead?    BANT?  AddiEonal   qualifying  quesEons?     Lead  Hunters/Account  Managers/Telemarketers/  Lead  Generators  –  what  do  we  call  them?    
  • 4. Program  Goals  and  Objec9ves   Goals  are  Good!     We  like  goals  that  are  measurable?  (Because  we’re  probably  NOT  doing  this  to  raise  awareness)     What  do  we  want  to  accomplish?    IdenEfy  qualified  “sales-­‐ready”  leads?  Acendees  to  an  event?     What  milestones  do  we  need  to  reach  and  when?  At  the  end  of  X  number  of  days  or  hours,  how   many  leads  should  we  have?  
  • 5. Crea9ng  your  Database  of  “Qualified  Suspects”     Building  a  Targeted  and  Accurate  Prospect  Database   30%  of  the  data  you  had  12  months  ago  is  inaccurate  (Source:  HubSpot)     Your  database  needs  to  be  regularly  re-­‐confirmed  and  updated.     Direct  dial  numbers  are  best  but  not  always  available.     Should  we  enrich  and  add  social  data  to  our  database?  Yes.    Because  buyers  expect  to   messaged,  educated  and  nurtured  as  if  you  already  know  them.     Social123  is  a  good  source  for  social  data.      
  • 6. Assembling  and  Assigning  Marke9ng   Collateral       Your  markeEng  collateral  (including  call  scripts)  should  speak  to  the  goals  you  are  trying  to   accomplish.     It  is  important  to  “map”  every  piece  of  markeEng  collateral  to  THE  MOST  APPROPRIATE   recipient.     If  we’re  talking  to  mulEple  verEcals/job  levels,  you  want  your  Lead  Hunters  to  speak  to  them   about  issues  that  YOU  BELIEVE  are  affecEng  their  job  AND  posiEon  you  as  a  soluEon.     Watch  for  this  pimall:  Don’t  get  too  detailed…..Etles  are  ambiguous!  And  if  your  data  is  bad……    
  • 7. Staffing  and  Training     Most  sales  teams  have  individuals  with  three  disEnct,  but  someEmes  overlapping,  skillsets;     •  Hunters  –  Love  to  chase  and  catch  new  business  opportuniEes.    Hate  account  management.   •  Closers  –Love  to  seal  the  deal  but  hate  cold  calling  and  ongoing  account  management.   •  Account  Managers  –  works  well  with  exisEng  business  to  gain  organic  growth,  but  despises   making  new  connecEons   Ensure  your  sales  teams  are  in  posiEons  that  best  suit  their  skillsets  and  incenEvize  them  to  win.     As  experienced  as  your  team  may  be,  make  sure  they  receive  ongoing  skills  training  specific  to   their  job  funcEon.  
  • 8. Support  Systems     Avoid  CounterproducEve  Overhead     You  want  your  Lead  Hunters  to  do  what  they  do  best  –  idenEfy  new  qualified  sales   opportuniEes.         Start  with  great  data  and  to  avoid  addiEonal  online  research.  Checking  Google  and  Linkedin  kill   producEvity.     Virtual  call  center  applicaEons  like  Five9  are  inexpensive,  effecEve  and  offer  outstanding   reporEng/quality  control  features.     We  want  conversaEons  –  NOT  paper-­‐pushers/researchers/system  administrators  
  • 9. Measurement  and  Management     Every  component  of  this  iniEaEve  should  be  measurable.     Measure  the  Database:   Qualified  suspects  to  Qualified  Leads?   Qualified  suspects/Lead  to  closed  business?   Bounce/Bad  Number  rates.     Measure  your  Lead  Hunters:   Benchmark  minimums  by  call/conversaEons  per  hour   Hours  to  Appointments     Use  the  virtual  call  center  tools  to  manage  the  quality  of  the  calls  and  adjust  to  make  improvements    
  • 10. Expected  Results     Easy  Answer?    Qualified  opportuniEes  for  your  sales  team  to  win  more  business.     Becer  Answer?    (using  the  described  techniques)  One  new  qualified  opportunity  every  5  to  6   hours  of  prospecEng.     Now  SCALE!  
  • 11. Conclusion     1.  Start  with  a  solid  database  of  qualified  suspects   2.  Assign  the  right  markeEng  material  and  scripts  to  the  most  relevant  recipients   3.  Hire  the  right  staff  of  lead  hunters   4.  Give  them  the  tools  necessary  to  do  what  they  do  best  –  idenEfy  opportuniEes   5.  Measure  and  manage  performance  and  adjust  to  opEmize  results   6.  You  should  have  1  qualified  opportunity  every  5-­‐6  hours  of  prospecEng   7.  Finally…SCALE      
  • 12. Q  and  A     Ask  me  anything!