Is lead nurturing worth the investment?

Leads are the lifeblood of any B2B business. Some businesses are extremely talented in generating sales leads, others have expertise in different areas so may outsource this to Business Development companies such as us at Air. Whichever method you use to generate these vital leads, what happens if they aren’t ready to engage with your product or service?

According to Brian Carroll, author of Lead Generation for the Complex Sale, up to 95% of qualified prospects on your website are there to research and are not yet ready to talk with a sales rep. Unfortunately, when many companies get a lead that is not ready to buy right away, the lead then tends to get forgotten about, this results in the 70% who would eventually buy from you finding their solution through one of your competitors.

It has become apparent that many marketers are wasting their lead generation efforts by failing to nurture leads which aren’t ready to purchase straight away. This is something that doesn’t make sense, as a marketer you are wasting resource in both time and money doing this.

Today, successful B2B marketers excel by implementing a lead nurturing strategy which grows and retains their business. This strategy is making it harder for your competitors to land the leads that you have worked so hard to generate. The reason behind lead nurturing is that you can’t force a prospect to buy on their first touchpoint, in fact, stats suggest 10 touchpoints are necessary before conversion, as you also can’t afford to lose your prospect from your funnel. Lead nurturing is an investment strategy in which you build a relationship with the leads you’ve generated – this is achieved through the creation of relevant and personalised communication which adds value to your lead.

Lead nurturing may sound like a long game, but the reward is worth the investment…

According to Forrester, CSO Insights, Marketo and many other big players:

  • Lead nurturing generates 50% more sales-ready leads at 33% lower cost per lead
  • Reducing the percent of marketing-generated leads being ignored by sales (from as high as 80% to as low as 25%)
  • Raises closings on marketing-generated leads (7% points higher) and reduce “no decisions” (6% points lower).
  • Allows more sales representatives to make their quota (9% higher) and decrease (by 10%) the ramp-up time for new reps

Have you tried lead nurturing for your business? If you like the sound of what this process could bring to your business, but you don’t have the capacity to fulfil the process in-house – talk to us!

We work with companies all over the UK and further afield to make the most of every single opportunity that is available to your business. From lead generation, lead nurturing, follow-up calls and inside sales closing calls – we can look after a section of the process or the whole process for you.

Get in touch today to find out how we can help your business – we look forward to speaking to you.

What qualities make the ‘perfect’ telemarketer

Selecting the right telemarketer for your campaign is vital, get this wrong and you’ll see potential leads deteriorate, your business reputation plummet and you’ll miss the full potential of ROI.

At Air Marketing Group, we know that quality telemarketers are worth their weight in gold. They can draw from their experience and personal qualities to ensure your campaign gets results.

However, what qualities make these people so vital to your campaign?

It’s obvious, a telemarketer can’t sell if they’re unable to absorb the fundamentals of your product or service

The ‘perfect’ telemarketer will be adaptable, working across a variety of client accounts and multiple sectors, drawing experience and implementing it to different campaigns. A great telemarketer will be self-managed and fast progressing when becoming familiar with your campaign. They will have the ability to research and retain important campaign information, building a strong rapport between your business and your prospects. Taking the time to fully plan the strategy behind your telemarketing campaign will ensure that your campaign team are working towards the same goal, communicating the same message and focusing on meeting your KPI’s.

It’s time to kill the urban myth ‘a great telemarketer sells due to their ability to talk a lot’

A successful telemarketer listens and, more importantly hears and understands. It’s easy to get lost in that ‘parrot fashion script’ telling a prospect what you think they want to hear. However, the key is to engage in a two-way conversation. The ‘perfect’ telemarketer will listen, hear the prospects needs, situation and pain points, then focus on this information to lead the conversation. They will have the ability to think on their feet and change their delivery of a script to recommend the right solution for the prospect.

Telemarketers are tactful

In the telemarketing game you must be able to make smart decisions, getting tactful in order to get past the gatekeepers. Asking the right questions is something that can be learnt but being respectful and asking permission to ask those personal questions when engaging with prospects is a quality that a great telemarketer will already possess. Being progressive, ambitious and a good communicator across any level of person are key qualities of the ‘perfect’ telemarketer.

Mind over matter

Telemarketers hear a lot of no’s. If they’re right for the position they will have a high level of resilience, understanding rejection isn’t personal, and continuing to possess a courteous nature even when their proposition is turned down. The ‘perfect’ telemarketer has a positive mental attitude that every business strives to harbour.

Benefit from telemarketing

If your business is looking to work with positive, resilient and experienced telemarketing professionals get in touch and find out how we can turn your prospects into clients. Contact us on 0345 241 3038 or send us an email with your project details to contact@air-marketing.co.uk.

Do you think you could be the ‘perfect’ telemarketer? Why not become part of #TeamAir and show us what you are made of? We are always looking for talented telemarketers to deliver for our clients. Share your CV with us at contact@air-marketing.co.uk

‘National Give Something Away Day’ – A great opportunity to start implementing a sales incentive scheme

If you have a sales team, of any kind, it’s important to implement some sort of incentive or bonus scheme to keep them motivated and hungry, as this will keep them delivering for you.  These incentives could be cash based (commissions, bonuses, etc.), or non-cash based (trips, prizes, points, and other awards).

The type of sales incentives that will work best for your business largely relies on your capabilities, goals and demographics of your sales team.

At the Air Marketing Group, we reward our staff with both cash and non-cash incentives. We have learnt that a varied sales incentive scheme has many benefits: improved performance, higher sales rates and the ability to create a work culture many desire which will help your employability.

Find out more about sales incentive benefits

Focus

Retaining your sales teams focus day in and day out can be a challenging task. If you’ve got a specific target you need to hit by a certain deadline, a short-term sales incentive scheme with an enticing reward on the table, can work beautifully when focusing your team. At Air, if our sales team hit their weekly sales target we treat them to a 4:30pm drink or encourage everyone to put the phones down an hour early to attend an organised after work social. Creating a short-term scheme is often just enough to light a fire under people, driving the performance you desire.

Lead Excitement

Most businesses believe that the prospect of earning commission on a sale will be enough to motivate their team, unfortunately most will discover this isn’t the case. At Air, we have a variety of different tactics to keep things exciting and our team motivated. We recommend trying a washing line or a tactical wheel incentive scheme that gives your staff the opportunity to win a prize, do a forfeit or take a gamble. These prizes and forfeits could be anything from doing a dare, making someone a hot drink, or winning £50. Encourage your team to take risks that result in doubling their prize or losing it all together. The two examples above are great incentive schemes that get your team excited about what they’re working for and highlights that taking risks can be rewarding.

Loyalty

If you want to build loyalty amongst your sales team, we encourage you to think about implementing an incentive scheme that includes trophy value or emotional significance. At Air, we like nothing more than celebrating the success of our team, this could be anything from being with our company for a year, or having progressed to a new level within the team. Handing out rewards such as personalised vouchers are small incentives that really show your sales team their appreciated and that your company is focused on building a two-way relationship. We exhibit loyal behaviours when we trust that the person or thing we’re involved in will be good to us. By enriching your sales teams lives, you’ll evoke their desired to show loyalty.

Healthy Competition

Most sales people are competitive. Give them a goal, and they’ll want to out-do their counterparts. To encourage healthy competition, consider setting up a points system with a visible leader board. As a telemarketing company, we have created a visible leader board that showcases who’s winning the most leads. Allowing individuals to see where they stand amongst other colleagues inspired additional effort.

Collaborative Efforts

A well-designed incentive scheme can not only drive friendly competition, but also encourage collaboration. Get your team to work together, set team objectives such as an overall number of leads to be achieved by the end of the month. You can then add a significant team reward for reaching this goal. Think about organising a staff lunch or activity hour, not only does this reward but can be considered a team building activity. It’s important to create a culture of friendly competition, not just cut-throat rivalry.

 

Reduced Turnover

The main reason people seek new employment is due to a feeling of underappreciation. We have spoken about a short-term sales incentive scheme however long-term schemes are a way of giving away bigger prizes that show your staff their efforts are acknowledged. Air are running a 5 star incentive  that is run over a yearly period. Stars are given out over the year to people who have gone above and beyond, pulled through when the chips were down, or hit outstanding targets. If a staff member accumulates 5 stars over the year they are rewarded with a personal weekend getaway for them and a partner or friend. Long-term incentive programs are both great for reducing staff turnover and maintaining loyalty.

Culture

If you know anything about the Air Marketing Group, you’ll be aware of how important a positive work culture is to our business. We would not have achieved our positive, hardworking atmosphere if we didn’t regularly give our sales team incentives and show them just how much we appreciate them.

 

ROI

We know it’s the National #GiveSomethingAwayDay, created to give people the opportunity to give something away without expecting anything back. However, implementing an incentive scheme does allow your business to profit too. The more motivated your sales team, the more drive they have to sell and the better your clients and your own ROI. Having an incentive scheme in place will give you an all-round great company reputation amongst people both internally and externally.

We hope this insight encourages you to give something away to those who matter most in your business.

If you would like to work with a team that has an outstanding drive to sell, get in touch!

How well do you know your customers?

Know your customer has become quite a cliché in marketing. There has never been a business that didn’t start out fulfilling unmet needs for a very specific group of people.  

We suspect you probably know your customer  fairly well,  but let’s turn this question on its head and  instead ask: 

 How well do you know your prospects?  

Air Marketing Group know that a lack of qualified prospects moving through your sales process today, can mean trouble for your business tomorrow. We understand that a strong sales pipeline is critical to attain revenue goals 6 – 12 months from now.  

So what steps should you take to build and sustain a healthy sales pipeline? 

Start with enough leads 

Sales is a numbers game and to develop a strong sales pipeline you must accumulate enough leads to drive through your marketing and sales engine. If you have a good understanding of the pipeline process you’ll know only a proportion of your targeted leads will become qualified, and a fraction will convert and be ready to buy at any given time.  

Qualify every lead  

Generating a list of qualifying questions to ask every interested lead will allow you to determine if there’s a real business opportunity or not.  

Ask: Has your prospect got a realistic need you can fill? 

  • What are their major challenges in this area? 
  • Have they tried to solve these issues? If so, how? 
  • How soon do they want to find a solution?  

Ask: Is the prospect an appropriate lead for the value and price point of your offering? 

  • What solutions would they consider? 
  • What is the budget to address this solution?  

Be careful of time wasters. If it appears there’s little budget for your solution, put this lead into your low-quality category and concentrate on higher priority prospects.  

Use lead quality for targeted marketing  

It’s important to use resulting lead quality data to develop more tailored campaigns. At Air Marketing all our campaigns use bespoke lead generation strategies and are tailored to meet individual business requirements. This strategy allows us to provide clients with quality sales leads that meet specified criteria.  

Nurture qualified prospects  

Not every qualified prospect will be ready to buy today. Once qualified leads have been identified you can leverage the use of content based email marketing, and follow up calls, to continue to nurture leads and identify interested prospects.  

Create a next step for every interested lead. Base this on need, interest and timing: 

  • Schedule a demo or follow up call to share additional insights. 
  • Send a follow up email that needs a response within  a requested time. 
  • Send an industry-related article every month to stay in  touch and keep educating them.  

Remaining in front of interested, qualified prospects will mean you are at the front of their mind  to assist when the time of their need arises.  

CRM systems 

A customer relationship management system (CRM) will improve your sales efficiencies, and allow you to track and report on sales opportunities, leads and prospects.  

Remember a healthy sales pipeline will have the following attributes: 

  • Many opportunities at every stage of the funnel. 
  • New opportunities coming into the top of the funnel regularly. 
  • New sales being converted  at the bottom of the sales funnel regularly . 

Here at Air Marketing Group, we pride ourselves on our ability to get under the skin of your business, speaking with your prospects and where possible and relevant warm the lead into a position where they can be converted into an opportunity. In addition to this, we  provide a transparent reporting service, and the delivery of each call recording to ensure our clients that  any leads we’ve secured will convert.  

If knowing your prospect is still an area you would like help with get in touch today to find out how we can help on 03452413038 or get in touch.

What makes you think you’re so special?

I’m a great admirer of Jeremy Waite’s Ten Words. If you don’t know what this is, it is a book written by Jeremy that pledges to communicate ‘big ideas’ in ‘small words and short sentences’. We cannot escape it, we hear more and more about how people’s attention spans are getting shorter and shorter – meaning we need to be more concise, clear and sharp if we want to grab someone’s attention.

The reason I start with this, is because I often think about this when I am working with clients on their telemarketing strategies.

We know that attention spans on the telephone during a cold call are even shorter than the average. We’ve all been there, you are right in the middle of something, the phone rings and it’s a cold caller wanting to engage with you. Now they could be calling to offer you a service or a product that is exactly what you are looking for, but your attention span is already short because you know it is a cold call and you have been disrupted.

This is why a strategy for me is the most important part of the process. We have to understand what makes you special? What is your real value to a prospect? How does it solve the pain that the prospect will be feeling? How does it go above and beyond what else is available on the market?

There are so many questions that we cover and so many answers that we discuss – but then it is up to me to create that small magic opening that is going to win your prospect’s attention span and allow me to divulge a little more information than when they first picked up the phone.

I think it’s a great exercise for anyone to try, the idea of 10 words to describe your role? Your business? Your personal goals? Your career goals? What makes you special?

Sure, we may not get it right the very first time, but if we have all the information from the strategy and we test the opening, we are going to be able to sense how this is landing with your prospects giving us opportunities to tweak and sharpen the message as we learn and test.

I’m Richard, I open up your target market to generate you leads. What do you do?

Opinion piece by Richard Street, Account Manager, Air Marketing Group

Sales and Business Tips – How to temperature check your sales prospect

Temperature checking your sales prospect will give you an indication of their feelings without asking for the sale. But what is the best method to do this? Take a look at our latest video to find out how:

Sales and Business Tips – How to Gain the Permission to Ask Questions

As a sales people we know we need to ask questions to uncover opportunities. But a vital step many people often skip is asking permission to ask questions. Using this as part of your sales approach starts a better conversation and allows you to ask personal questions and identify a need with permission. Take a look at our latest video to find out more on this tip:

Motivation in a sales environment

An office full of sales people – some people thrive in this environment, others would rather be anywhere else! It is a challenging environment and not for the faint hearted, with some big personalities and lots of diversity. But the biggest challenge and one of the most important factors for success is motivation for the whole team.

No matter what job you hold, you want to feel motivated and engaged. This is not easy to achieve in our industry, nobody wakes up in the morning thinking, ‘Ooh I can’t wait to jump on the phones and do some telemarketing today’. So, instilling motivation, providing the right incentivisation and a great culture means people enjoy their work and look forward to coming in day after day.

How does Air do this differently?

Motivation is key to ensuring sales people hit weekly, monthly and annual targets. We know that our team of Business Development Executives who are calling on client campaigns are our service, without them we simply wouldn’t be successful at what we do – so we have to look after them. From our experience it takes more than just commission to keep a happy workforce.

Of course, commission is important to most sales people. Being motivated by money and the opportunity of earning more means that we have a healthy commission structure in place. But this is based on results and client retention not purely speed of dialling and quantity of appointment made. Giving our whole team more motivation to work hard on retaining client accounts and delivering.

But on top of commission, we understand that internal culture makes a huge difference to motivation in a sales environment. Internal incentives tailored to help individuals meet client KPI’s and individual targets prove very effective for us. Team socials, rewards, identifying when people do the right things and the freedom of not micromanaging, all make our sales environment stand out from the crowd.

Our Aim – Motivation

As Head of Performance (Account Director), my role is to identify and understand an individual’s motivators, what is it that makes them tick? This can be a whole range of things, some people are purely financially motivated, whereas others are looking to progress their career by gaining more responsibility and further opportunity to do this – and of course those that are in between.

Working alongside colleagues in the leadership team we nurture a very special culture here at Air, where the team are performing at an optimum level and maintaining momentum, clients and crucially motivation to deliver and succeed.

Our workforce understands how important they are to Air and we respect their importance – so together we work to grow the company, our client base and team members careers by keeping people motivated and excited to be part of #TeamAir every day. Can’t believe it, why not come and see it for yourself!

Opinion piece by Marco Alfano-Rogers, Head of Performance (Account Director), Air Marketing Group

Sales and Business Tips – How to Present What You Do

Once you’ve worked hard to get in front of a decision maker, the next stage of introducing yourself and presenting what you do is really important. Don’t just talk about what ‘we’ do, how ‘we’ help, instead flip your language to talk about how we can help ‘you’, what we can do for ‘you’. Find out more tips for how to present what you do from our MD, Owen Richards.

Where does telemarketing fit into the sales cycle?

So, you’ve started considering telemarketing? Or maybe you haven’t yet started to consider it but, you have heard competitors within your market are doing telemarketing and a couple of your business contacts have talked about it too. Perhaps you recognise that there may be some value in looking into this avenue as part of your sales and marketing activity but you’re wondering where it fits in your sales cycle and how you can justify it?

Naturally, when sales and marketing activity is executed together as an integrated process you are likely to see an increase in leads, especially the highly relevant leads which are easier to convert. There are now opportunities to integrate telemarketing within the whole sales funnel; starting from the awareness stage, right through to the evaluation stage.

But where does it fit?

The awareness stage

At the very start of a sales cycle we need to scope out the market, starting with data and market research so you and your target market can become aware of each other. Telemarketing can play an important role in data cleansing; checking your data lists are accurate, up to date and receptive to your offering. This process is extremely helpful in helping you shape your offering, your marketing campaigns and your approach to these leads. Without getting this process right, your lead generation can be far more time consuming and far less successful.

Adding value stage

During the sales cycle telemarketing compliments the nurturing marketing activity as a very effective touch point. It can be argued that telemarketing is one of the fastest lead generation tactics to identify and close leads. Having that human conversation to understand where someone is in the buying cycle, how you can help them and being able to easily answer their questions is something that will set you apart. As all these conversations are likely to be recorded (we record all of our calls), this is all extra data that can be documented to profile your customers, helping both your marketing and sales teams.

Follow-up stage

Follow up calls are a final important aspect of your sales cycle, that for many businesses are not conducted because they are delighted to have won the business and they are now running off to chase the next win. But if we truly complete the cycle, our new customer is perfectly placed to give us feedback on the process they have just experienced. This helps us not only shape this experience for future customers, but it also adds further value to your customers experience as they have a platform to discuss any concerns, or issues they may have.

So, if you’re considering if telemarketing could help your sales cycle in some way, the likely answer is yes. It can help in so many different aspects of the sales cycle, we’d be surprised if it didn’t compliment your current sales or marketing activity.