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Lead Generation High Performers:
    7 Lessons from the Best


    Access Additional ITSMA Research at
     http://www.itsma.com/access/login.asp
Briefing Agenda

    Priorities of B2B Marketers
    Current Lead Generation Trends
    Best Practices of Lead Generation
    High Performers
    ITSMA Upcoming Events




Lead Generation High Performers: 7 Lessons from the Best | PN5077   © 2011 ITSMA. All Rights Reserved. 2
Generating demand is at the top of the priority list for
marketers in 2011
                   Rank
 2011 2010 2009 2008                                                Marketing’s Top Priorities
    1          2          4           3       Generating demand
    2          1           1          2       Enabling the sales force
    3          5           2          1       Differentiating/re-positioning the company, brand, or offerings
    4          3           7          5       Developing thought leadership content that drives business
    5          7           9         11       Measuring marketing’s impact on the business
                                              Increasing focused marketing programs for vertical/industry
    6          6           6         10
                                              markets
    7         16          11          8       Increasing use of Account-Based Marketing
                                              Deepening customer insight to improve segmentation and
    8         17          17         12
                                              increase personalization
                                              Building or enhancing a more effective lead management and
    9         27           –          –
                                              nurturing model
                                              Increasing cross-divisional marketing programs and messaging
   10          –           –          –
                                              (minimizing marketing silos)
Source: ITSMA, Budget Allocations and Trends: Key Metrics Survey, 2007, 2008, 2009, 2010, 2011
Lead Generation High Performers: 7 Lessons from the Best | PN5077                                © 2011 ITSMA. All Rights Reserved. 3
Lead Quality, not Quantity




    Data    Statistical                                              Behavior-   Lead Stage       Sales and
Enhancement   Lead                                                  based Lead     Metrics        Marketing
             Scoring                                                 Nurturing                      SLA’s




Lead Generation High Performers: 7 Lessons from the Best | PN5077                         © 2011 ITSMA. All Rights Reserved. 4
Statistical                                                             Sales and
                     Data                   Lead                    Behavior-based      Lead Stage                Marketing
                 Enhancement               Scoring                  Lead Nurturing        Metrics                   SLA’s
                 Using services such  Statistical approach  Nurturing based on     Refining             Defining not only
 Description




                  as Jigsaw and         to discerning the      prospect interest,      measurement to        what constitutes a
                  DemandBase to         segments and           behavior and more       track prospects and   lead but SLAs in
                  gather more           marketing activity of defined segments         accounts through      place for lead
                  information about     customers, moving                              the funnel.           follow-up
                  the prospect and      away from educated
                  company               guesses
                 Form capture /         Alignment with        Dynamic approach  Everyone gains a         Targeted feedback
                  intelligent             teleprospecting        based on deeper       better understand of to marketing on lead
                  progressive profiling resources                knowledge of the      the funnel,            quality provides
                 Nurturing and          Gain insight into
 Implications




                                                                 target and programs marketing and sales input to lead scoring
                  scoring should          marketing activities   that work             stages and their       and nurturing
                  change based on         that produce          Requires more high    respective roles in    programs
                  deep knowledge of       customers              value content based generating a sale
                  prospect               Evaluation of the      on buyer’s journey,  Lead nurturing and
                 Data hygiene            B2B buyers’ journey verticals, personas,     pipeline
                                          in terms of            etc.                  acceleration
                                          individual prospects                         activities become as
                                          versus account level                         important as lead
                                          activity                                     generation


Lead Generation High Performers: 7 Lessons from the Best | PN5077                                      © 2011 ITSMA. All Rights Reserved. 5
As a lead generator do you ever feel like this?
It’s hard work! That’s why ITSMA conducted the
Lead Generation Practices Survey.




Lead Generation High Performers: 7 Lessons from the Best | PN5077   © 2011 ITSMA. All Rights Reserved. 6
Our mission with the Lead Generation Practices Survey was to
find out what the top performers are doing differently.
Here’s what we found:
High                                                   Average             Below Average
Performers                   15%                       Performers    67%   Performers                18%




Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077                © 2011 ITSMA. All Rights Reserved. 7
#1: High performers
segment based
on deep
knowledge
of their
target
markets




Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077    © 2011 ITSMA. All Rights Reserved. 8
#2: High performers
                                                                     conduct formal
                                                                     research, in addition
                                                                     to other tactics,
                                                                     to gain a deep
                                                                     understanding
                                                                     of their target
                                                                     markets’ needs



                                                                    Source: ITSMA and RainToday Lead Generation Practices Survey, 2010

Lead Generation High Performers: 7 Lessons from the Best | PN5077                                            © 2011 ITSMA. All Rights Reserved. 9
#3: High performers proactively tap
their network and current clients to
create referrals




Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077    © 2011 ITSMA. All Rights Reserved. 10
#4: High performers
use content that is
relevant, provide
proof points,
and build
credibility



Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077    © 2011 ITSMA. All Rights Reserved. 11
#5: High performers
use offers and “live”
experiences to
generate
leads




Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077    © 2011 ITSMA. All Rights Reserved. 12
#6: High performers
use two of the most
effective tactics—
presenting at events
and making “warm”
phone calls



Source: ITSMA and RainToday Lead Generation
Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077   © 2011 ITSMA. All Rights Reserved. 13
#7: High performers
                                                                        measure their
                                                                      progress at each
                                                                    stage of the pipeline,
                                                                      in addition to the
                                                                       number of leads
                                                                      generated, closed
                                                                     deals, and revenue




Source: ITSMA and RainToday Lead Generation Practices Survey, 2010
Lead Generation High Performers: 7 Lessons from the Best | PN5077               © 2011 ITSMA. All Rights Reserved. 14
The overall challenge is to improve relevancy early in
the buying process and greater intimacy at the back
end to increase loyalty and trust


Relationship          Stage 1.                Stage 2.               Stage 3.          Stage 4.          Stage 5.              Stage 6.
  Stages            EPIPHANY              AWARENESS                 INTEREST       CONFIDENCE          LOYALTY                  TRUST
                      Need                    Search                Alternative     Selection and     Post-Purchase          Partnership
                   Recognition                                      Evaluation        Purchase         Evaluation
  Buying         Explore the            Clarify                Finalize the     Select the       Evaluate            Explore
  Process         possibilities           objectives              short list        provider          satisfaction         mutually
                                          and solution                                                                     beneficial
                 Identify a need                                Solicit          Negotiate        Measure
                                          specifications                                                                   initiatives
                  or opportunity                                  proposals         the contract      value delivered
                                         Identify                                                                        Provide
                                                                 Evaluate         Ultimate
                                          alternatives                                                                     advocacy
                                                                  alternatives      sign-off
                                          (short list)




               Marketers must focus on customer
                    relevance and intimacy!

Lead Generation High Performers: 7 Lessons from the Best | PN5077                                           © 2011 ITSMA. All Rights Reserved. 15
View other ITSMA Research and Briefings
on Lead Management and Other Topics
                                    To sign up for a Trial Membership to access ITSMA Research
                                    visit http://www.itsma.com/access/login.asp

To view more detail on the following studies visit:




   How to Successfully Navigate                             B2B Services and Solutions                  Lead Generation Benchmark
        the Four Stages of                                 Lead Management Benchmarks                   Report: How the Best Firms
    Lead Management Maturity                                  http://www.itsma.com/category/research/       Fill the Pipeline, 2010
    http://www.itsma.com/category/research/                                                              ITSMA and RainToday.com
                                                                                                           Lead Generation Survey
                                                                                                        http://www.itsma.com/category/research/page/2/




Lead Generation High Performers: 7 Lessons from the Best | PN5077                                            © 2011 ITSMA. All Rights Reserved. 16
Upcoming events                                                      ITSMA’s 2012
enable marketers                                                      State of the Marketing
to explore                                                            Profession Address
best practices,                                                      –January 24 | Web Briefing |
sharpen skills, and                                                   Online
network with peers                                                    6:00 am Eastern – 12:00 pm Central
                                                                      Europe – 4:30 pm India
                                                                     –January 25 | Web Briefing |
                                                                      Online
                                                                      8:00 am Pacific – 11:00 am Eastern
                                                                      – 16:00 London




                                                                              www.itsma.com/events

Lead Generation High Performers: 7 Lessons from the Best | PN5077                       © 2011 ITSMA. All Rights Reserved. 17

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Lead Generation High Performers: 7 Lessons from the Best

  • 1. Lead Generation High Performers: 7 Lessons from the Best Access Additional ITSMA Research at http://www.itsma.com/access/login.asp
  • 2. Briefing Agenda  Priorities of B2B Marketers  Current Lead Generation Trends  Best Practices of Lead Generation  High Performers  ITSMA Upcoming Events Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 2
  • 3. Generating demand is at the top of the priority list for marketers in 2011 Rank 2011 2010 2009 2008 Marketing’s Top Priorities 1 2 4 3 Generating demand 2 1 1 2 Enabling the sales force 3 5 2 1 Differentiating/re-positioning the company, brand, or offerings 4 3 7 5 Developing thought leadership content that drives business 5 7 9 11 Measuring marketing’s impact on the business Increasing focused marketing programs for vertical/industry 6 6 6 10 markets 7 16 11 8 Increasing use of Account-Based Marketing Deepening customer insight to improve segmentation and 8 17 17 12 increase personalization Building or enhancing a more effective lead management and 9 27 – – nurturing model Increasing cross-divisional marketing programs and messaging 10 – – – (minimizing marketing silos) Source: ITSMA, Budget Allocations and Trends: Key Metrics Survey, 2007, 2008, 2009, 2010, 2011 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 3
  • 4. Lead Quality, not Quantity Data Statistical Behavior- Lead Stage Sales and Enhancement Lead based Lead Metrics Marketing Scoring Nurturing SLA’s Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 4
  • 5. Statistical Sales and Data Lead Behavior-based Lead Stage Marketing Enhancement Scoring Lead Nurturing Metrics SLA’s  Using services such  Statistical approach  Nurturing based on  Refining  Defining not only Description as Jigsaw and to discerning the prospect interest, measurement to what constitutes a DemandBase to segments and behavior and more track prospects and lead but SLAs in gather more marketing activity of defined segments accounts through place for lead information about customers, moving the funnel. follow-up the prospect and away from educated company guesses  Form capture /  Alignment with  Dynamic approach  Everyone gains a  Targeted feedback intelligent teleprospecting based on deeper better understand of to marketing on lead progressive profiling resources knowledge of the the funnel, quality provides  Nurturing and  Gain insight into Implications target and programs marketing and sales input to lead scoring scoring should marketing activities that work stages and their and nurturing change based on that produce  Requires more high respective roles in programs deep knowledge of customers value content based generating a sale prospect  Evaluation of the on buyer’s journey,  Lead nurturing and  Data hygiene B2B buyers’ journey verticals, personas, pipeline in terms of etc. acceleration individual prospects activities become as versus account level important as lead activity generation Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 5
  • 6. As a lead generator do you ever feel like this? It’s hard work! That’s why ITSMA conducted the Lead Generation Practices Survey. Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 6
  • 7. Our mission with the Lead Generation Practices Survey was to find out what the top performers are doing differently. Here’s what we found: High Average Below Average Performers 15% Performers 67% Performers 18% Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 7
  • 8. #1: High performers segment based on deep knowledge of their target markets Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 8
  • 9. #2: High performers conduct formal research, in addition to other tactics, to gain a deep understanding of their target markets’ needs Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 9
  • 10. #3: High performers proactively tap their network and current clients to create referrals Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 10
  • 11. #4: High performers use content that is relevant, provide proof points, and build credibility Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 11
  • 12. #5: High performers use offers and “live” experiences to generate leads Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 12
  • 13. #6: High performers use two of the most effective tactics— presenting at events and making “warm” phone calls Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 13
  • 14. #7: High performers measure their progress at each stage of the pipeline, in addition to the number of leads generated, closed deals, and revenue Source: ITSMA and RainToday Lead Generation Practices Survey, 2010 Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 14
  • 15. The overall challenge is to improve relevancy early in the buying process and greater intimacy at the back end to increase loyalty and trust Relationship Stage 1. Stage 2. Stage 3. Stage 4. Stage 5. Stage 6. Stages EPIPHANY AWARENESS INTEREST CONFIDENCE LOYALTY TRUST Need Search Alternative Selection and Post-Purchase Partnership Recognition Evaluation Purchase Evaluation Buying  Explore the  Clarify  Finalize the  Select the  Evaluate  Explore Process possibilities objectives short list provider satisfaction mutually and solution beneficial  Identify a need  Solicit  Negotiate  Measure specifications initiatives or opportunity proposals the contract value delivered  Identify  Provide  Evaluate  Ultimate alternatives advocacy alternatives sign-off (short list) Marketers must focus on customer relevance and intimacy! Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 15
  • 16. View other ITSMA Research and Briefings on Lead Management and Other Topics To sign up for a Trial Membership to access ITSMA Research visit http://www.itsma.com/access/login.asp To view more detail on the following studies visit: How to Successfully Navigate B2B Services and Solutions Lead Generation Benchmark the Four Stages of Lead Management Benchmarks Report: How the Best Firms Lead Management Maturity http://www.itsma.com/category/research/ Fill the Pipeline, 2010 http://www.itsma.com/category/research/ ITSMA and RainToday.com Lead Generation Survey http://www.itsma.com/category/research/page/2/ Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 16
  • 17. Upcoming events  ITSMA’s 2012 enable marketers State of the Marketing to explore Profession Address best practices, –January 24 | Web Briefing | sharpen skills, and Online network with peers 6:00 am Eastern – 12:00 pm Central Europe – 4:30 pm India –January 25 | Web Briefing | Online 8:00 am Pacific – 11:00 am Eastern – 16:00 London www.itsma.com/events Lead Generation High Performers: 7 Lessons from the Best | PN5077 © 2011 ITSMA. All Rights Reserved. 17