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Archive for the Lead Generation CategoryBest Telemarketing September 2010 –Why Timing might be crucial for the Complex Sale29/08/2010 by Stephen Law.
Will the best telemarketing in September 2010 have a crucial impact on your sales cycle? Let’s take a brief look at the factors here. Timing – the Sales Cycle Timing – Relationship Building Timing – the Feedback Loop Conclusions on the best telemarketing for the complex sale Posted in Lead Generation, Telemarketing | No Comments » B2B Lead Generation – Telemarketing V Business Development14/06/2010 by Stephen Law.
Constant Cash Flow demands continuous sales – so sales lead generation is paramount to continuity and expansion for any business. Telemarketing is still the number 1 for lead generation for all companies who offer a complex product/service to an intelligent buyer. So why does telemarketing work for some people and not others? What is the difference between Telemarketing per se and Business Development? Firstly, here are the main criteria for helping you to decide how to use Telemarketing to find new business: 1) Low Price + High Volume = use a Telemarketing Call Centre or Internal Staff 2) High Price + Low Volume = use Business Development Telemarketing 3) Low Price bulk orders + Low Volume = use Business Development Telemarketing As a Business Development person, if you call me, the first thing I would do, would be to show you the best route to market – and that is not always telemarketing. I have a reputation in the business as a straight-talking guy who will only help you if there is a reasonable to excellent chance that I can make you money. Many Telemarketing Agencies or Call Centres will take your money, regardless of whether you are likely to gain a Return on Investment – that’s the first difference between Telemarketing per se and Business Development Telemarketing. So are all Business Development people like me? Well, I’m afraid not. If I had a pound for everyone who has called me with a sob story about how their Telemarketing went badly, I would be a very rich man. So before you decide to pay for a telemarketing campaign, consider points 1-3 above and ask yourself which form of telemarketing could work for you? HOW TO SPOT THE DIFFERENCE I specialise in offering high-end Consultative Telemarketing using a Business Development methodology. If you sell a complex product/service to an intelligent buyer it’s my forte to find your buyers and put you in front of them. So when trying to find someone to help you consider the following in making your decision: a) Without the best data, any lead generation will falter. The best Business Development Telemarketing people will have this data at their fingertips at no extra charge to you. It’s a relative no-brainer to find a Company Director who you want to sell to, but you will often want to sell to a particular title with roles in Operations, Facilities, IT, Telephony, Event Management, and so on. b) A good Business Development Director will cost you £50k +++ whilst a Junior Telemarketing person will cost you £9k+. The key difference is real life experiences. As an analogy, would you choose a formula one driver for your racing team or a youngster who has only driven cars on his Xbox? For Telemarketing purposes, you probably only need a good Business Development person for 1 x day per week and as they are only performing the Lead Generation role, you will be paying a fraction of what a Business Development Director would cost you. c) Beware of Over-Promising and Under-Delivering. If it sounds too good to be true – then it is probably too good to be true. You’ll always spot a true Business Development Telemarketing person by the way they ask lots of questions and work out the Return on Investment with you before you discuss a contract. d) A low-level Telemarketing person will talk about call metrics. A Business Development Telemarketing person will talk about real objectives. A million calls made but zero appointments provide a useless ROI. Meeting or exceeding this year’s sales targets is the real objective. e) Always buy what you hear when it comes to Telemarketing. If the person who sells you the contract is not on the phone selling for you – ask yourself why? It takes skill, determination, persistency and the right balance of charm and humour to win business. Never make the mistake of meeting your Telemarketing person before they have sold to you on the telephone. A good face2face closer does not make a good telephone closer. f) A Telemarketing person will leave you feeling like you are in control. A Business Development Telemarketing person will leave you feeling confident in their abilities. If you have a business and you’re not sure whether Telemarketing is for you, give me a call. I turn away circa 50% of people who call me – but I leave them with other ideas that will make them more money. You can contact me on stephen@sl-freelance.co.uk or call me on 0870 042 1263. Posted in Freelance Telemarketing, Lead Generation, Business Development, Telemarketing | No Comments » Telemarketing Targeting for the SME04/05/2010 by Stephen Law.
As an SME, how do you use telemarketing targeting to make lots more sales? Let me explain…. There are basically two main types of people used in telemarketing targeting– what the experts call the “Storm” team or the “Conscript” team. Think of troops who join an army – one is a volunteer and the other is a conscript. They’re both soldiers, but one wants to be there and the other has been drafted. The outcome of battle – in this case, your marketing campaign, will vary greatly depending on which type of people you choose. Recently, I started helping a client who knew their industry inside out and I was very impressed with their knowledge of how quality telemarketing could help them. They’d tried different telemarketing approaches for many years and I can say that they were the first client in many years where I could definitely say they knew what they were talking about. Generally speaking though, such people are rare and that’s where I help. Each part of the targeting process may seem easy on first appearance. I still giggle when I’m told “well you make so many calls and out the other end pop sales – that’s how it works isn’t it?” OK, so most of my clients are not that naive – but most do not truly understand the full mechanics of how to create opportunities by telephone – or rather they understand much of the theory, but perhaps do not understand how to put it in to practice. For example, I know how to swim, but I’m really not a good swimmer and I’ll never be entering for the Olympics. Believe it or not, most campaigns are rarely as simple as they seem on paper. If they were, then everyone would simply figure it out, make the calls and sales would pop out the other end. In truth, there are many hurdles along the way to working out how to create sales opportunities. The whole methodology can be split in to a set of processes, but what differentiates the expert from the novice is in the skill of the individual who uses the processes. Let me explain… The first process is to find the right data, then you shortlist this using filters such as geography, size of company you want to do business with, and so on. The difference between the professional and the novice is in what one does with the data thereafter. The novice telemarketing person makes the calls and logs the outcome. The professional telemarketing person works on a continuous feedback loop. Believe it or not, it’s often more important to know why someone said “No” than why someone said “Yes”. Sometimes, my clients ask me to work out the strategy from day1. More often, a client has spent hours and hours trying to work it out themselves first then they ask me to fulfil their plan. The clever clients are those that get me to work it out for them. Going back to my poor swimming abilities, if you asked me to figure out how to help the British swimming team win the Olympics then I’m a smart guy with an Honours degree, so could I do it? Of course we both know our team would come last as I may be clever but I just don’t know what it takes to make people swim better. But ask me how to make people interested in a buying a product or service, then I’m your man - with a 25 year track record of success. The objective is always clear in telemarketing – to find as many people as possible who want to meet up to discuss buying my clients products/services. To get this right is the tricky bit. For example, I had one client whose offering sounded too good to be true. The problem was how to portray the offering in a way that people could understand, so that they didn’t think I was pulling their leg. Another client had an offering in a market saturated by competitors so the hard part was to find a way to talk to prospects who would even give anyone 20 seconds of their time. The feedback loop of market intelligence is always the key. One has to go over and over the “filters” as to why a customer might buy. Is it because they live in a certain locality? Is it because they work in a certain industry? The novice telemarketing person can burn a big hole in a marketing budget and you may be left with no opportunities, no sales and no idea why everyone kept saying “No!” So why is it that the “Storm” person keeps winning in such situations? Whilst the “Conscript” telemarketer is counting the hours until he can go home, the “Storm” telemarketer is constantly trying to figure out how to find the right people and why they will buy. They look for trends in what people are saying. They constantly adapt their pitch to suit the buyer. They constantly adapt emails and feedback as to whether the marketing collateral is working from – is the pdf brochure right? Is the website giving the right message? As an SME your greatest strength is to adapt rapidly. Working with the “Storm” telemarketer, they will find you new opportunities and new ways to make people interested in your offering. So the next person who tries to sell you “Conscript” telemarketing – think carefully before you act. Will a conscript be looking at his watch, or looking for a gap in the enemy lines for you to make that big breakthrough? The Art of Storm Telemarketing is to adapt, adapt and adapt again. It is said that “knowledge is power” – so if you really want a powerful campaign – choose your telemarketing people correctly. A fool can dance around in circles and bring you nothing. A Rainmaker will bring you some wins – but a Storm-Maker could completely change the way you do business. Call Storming Stephen Law now on 0870 042 1263 – winning doesn’t have to cost you the Earth. Posted in Freelance Telemarketing, Lead Generation, Business Development, Telemarketing | No Comments » Best Telemarketing – The Lead Generation Process26/04/2010 by Stephen Law.
Let me explain the good the bad and the ugly out there in telemarketing in 2010 – so that you can engage the best telemarketing people to make your business money via lead generation. Firstly, let’s check what to avoid at the extremely poor end of the telemarketing spectrum. As per my prediction in January 2010, the number of Rookie telemarketing people and awful call centres seems to have spiralled out of control this year. So my first point is to be wary of the so called “professionals” who suddenly decided to put their details on to Facebook last week and claim to have been doing this for 10, 20, 30 years. If they started last week, then they started last week – so they’re evidently new to the business and boy does it show! This week amongst many calls, I received a call from 2 of the worst telemarketing people in history – a Spanish woman who was totally incomprehensible and thought that shouting the same thing 3 times would make me interested? The second was a young lad from up North who was completely incapable of answering any questions – and he just slammed the phone down when I wouldn’t give him personal data! I’m getting an increasing number of people asking for help who have just had their fingers burnt with over-promises and under-delivery from seemingly cheap outfits and individuals. Last month, a chap made a 600 mile trip to come and see me after experiencing the dross of so-called telemarketing companies out there. This poor chap had been so badly let down by one person after the next that he wanted someone to do the job properly at last. Generally speaking I don’t meet many of my clients as all business is conducted by internet/telephone, but people are so cautious now that they’re travelling to see me. You don’t need to spend hours in a car to meet me, you simply need to look at some basic principles to decide who can help you. Firstly let’s split this in to 3 categories: a) You sell a cheap product and need to sell it in volumes, one-by-one to individuals. Don’t hire a telemarketing person or a call centre – call me and I’ll help you with Search Engine Marketing that will boost your sales from as little as £250 per calendar month. b) You sell an expensive and sophisticated product to intelligent buyers – don’t waste your time with call centres, offshore people with peculiar accents or seemingly cheap people on some kind of pay-per-hour website – call me on 0870 042 1263 c) If you’re the type of person who needs to be ripped off by someone who overpromises and under-delivers before you take my word for it – please burn a large hole in your bank balance first – then when you’re serious about making money, give me a call and you will be pleasantly surprised at gaining real results for your budget. If you are serious about creating quality lead generation using telemarketing, take some time and read my other blogs below. You’ll find ways to sort out the wheat from the chaff and the right questions to ask. Performed correctly and for the right product or service, the best telemarketing will always provide you with a good return on investment. As an expert, it’s easy for me to say this, but if you’ve never worked with a professional telemarketing person – give me a call and run through it with me until you have a good understanding, before parting with one penny. Stephen Law +44 (0)870 042 1263 – website www.sl-freelance.co.uk Many thanks for reading and wishing you all the best in lead generation via telemarketing. Posted in Freelance Telemarketing, Lead Generation, Telemarketing | 1 Comment » Best Telemarketing 2010 checklist03/01/2010 by Stephen Law.
Hi, Stephen Law telemarketing expert saying Happy New Year to everyone. As an award winning telemarketing and sales expert of 25 years, I’ve seen a lot of telemarketing people come and go. The recession of 2009 appears to have increased the number of freelance telemarketing people out there along with the number of boutique telemarketing agencies. But is it a good reason to become a professional telemarketer because you were fired from your job? During 2009 I received numerous calls from would-be telemarketing people trying to find out how I do my job for a living or wanting to join me. It was as if the recession had driven all the aggressive, nasty and stupid people to take this up for a living. I even had one chap who started using very rude words when I told him politely that I did not want to tell him all my trade secrets or teach him for free! The upshot is that you can expect a lot more choice out there in 2010 if you want to find telemarketing people, but more choice doesn’t necessarily mean better service. This is an important concept to grasp – make sure that you are comparing like-for-like when you seek help with telemarketing. As always, I’m still offering my inimitable brand of Consultative Telemarketing – highly focused to reach the right objectives. I’m sorry to say the bar has lowered somewhat in your choice of my competitors for 2010, with a plethora of very basic “scatter-gun” approach individuals and agencies joining the market place. I’m also offering a new service that I piloted in 2009, that goes beyond the realms of what any other telemarketing professional is offering in the UK. For the very complex sale I’m employing a new concept that is working well for the guru’s helping the top 100 USA corporations. Fortunately, I’m not yet charging the same rates for anyone using this enhanced telemarketing strategy - so grab my help here at a hugely discounted rate whilst you can. My prediction for this year is that you’ll find a lot more choice out there when you’re seeking the best telemarketing in 2010. I think the markets will pick up this year, but not as rapidly as some people are hoping. I think we’ll see some of the top telemarketing people (such as me – www.sl-freelance.co.uk 0870 042 1263) losing a bit of ground to the newbie telemarketers at the start of the year. By the end of 2010, I predict that many of the newbie telemarketers will be running back to 9-5 jobs faster than they can be sued for overpromising and under-delivering. With the right telemarketing people helping you, a strong offering, and a good sales team, 2010 will bring out the best in telemarketing for you. Be wary about setting your expectations too high and be ready to “do deals”. The recession is not over yet – so if you insist on maintaining your prices at the same level and do not offer any incentives, don’t expect buyers to bite your hand off like they might have done in 2008. If you’re wary of damaging your brand by offering any incentives – that’s a valid stance, but make sure you bear that in mind when setting your objectives. The same rules as ever apply out there when looking for the best telemarketing. Makes sure you know who is making the phone calls for you – it’s all well and good speaking to a brilliant telemarketing manager – but will they be the one making the calls for you? If you choose freelance telemarketing (someone like me www.sl-freelance.co.uk )– you’re guaranteed that the person you work with is also making the calls for you. Finding the best telemarketing people in 2010 still comes down to your judgement of them on the telephone when they talk to you. If you call a telemarketing person or a telemarketing agency and you are bored or aggravated – the chances are that this is how they will behave towards your prospective clients. So if you’ve been on the telephone for 15 minutes, the time has flown and you like what you are hearing – let them close you and you know they will close your clients. Like many people, I want to compare like-for-like. I get very frustrated in a supermarket if one packet of biscuits is priced per biscuit and another per gram. So here’s a quick checklist for you to choose the best telemarketing for 2010: 1) Are they assertive or aggressive? 2) Did they interest you or bore you? 3) Did they ask key questions by charming you or being too pushy? 4) Did they close you on the next call to action or leave you wondering what the next step is? 5) Did their explanation of how to generate opportunities leave you feeling excited or confused? 6) Was the conversation all about metrics or objectives? 7) Were databases, pitches, campaign emails, calls – all inclusive or an additional cost? This is not an exhaustive checklist for finding the best telemarketing in 2010, but if anyone you speak to scores 8/8 then shortlist them immediately. If possible – DO NOT MEET UP WITH ANYONE until you’ve covered the above checklist by telephone. Remember that the best telemarketing people are going to help you on the telephone not in the field. A face2face meeting before conducting this process could seriously provide you with a false impression of their telephone capabilities. Finally, the best telemarketing people will do their best not to over-promise. I’ve lost count of the number of people who’ve loved me initially on the telephone, gone with someone who over-promised, then returned to me to do a proper job. Instead – try a pilot (a short trial) on telemarketing of about 4 days work – this will be your final decider on who’s the best telemarketing person for you in 2010. If you want to short-circuit your learning curve – call me on 0870 042 1263, I’ll give you an honest account of the best people out there and you can compare them yourself. Bear in mind that I work for the top UK agencies, so I’ll happily recommend them for you. Better still, come to me direct and you’ll be even happier with my direct rates – www.sl-freelance.co.uk. Happy New Year and happy hunting. Posted in Freelance Telemarketing, Lead Generation, Telemarketing | 1 Comment » Telemarketing Lead Generation or Sales Opportunity Creation – which is the right approach to win you more sales?21/06/2009 by Stephen Law.
This article is written for those of you thinking about using telemarketing to find new customers. Without sales, no business can survive and prosper; but how do we find potential customers in the first place? There are many routes to market, but this article discusses the classic use of telemarketing to achieve the objective of lead generation and sales opportunity creation. You may be asking yourself at this point “what is the difference between ‘lead generation’ and ‘sales opportunity creation’. The two terms sound very similar, but the difference starts right at the beginning of the sales process. Choosing the right approach could make all the difference to succeeding or failing in finding the right customers. Please note - BE CAREFUL WHAT YOU WISH FOR - IF THE BEST TELEMARKETING PROVIDES THE BEST RETURN ON INVESTMENT, THEN THE BEST ACTUALLY COSTS LESS. Though few people have visited a Call Centre, most people have a fairly good idea what goes on there. Anywhere between 30 and 250 people are sat at desks, generally being fed calls by a computer queuing system - where they read scripts from screens. This is the base end of telemarketing lead generation. The calibre of the staff ranges from low to medium. So in terms of lead generation, the Call Centre staff are led by those who design the campaign and write the scripts for them. So let’s first take a look at what most people think of lead generation via a Call Centre. Because a certain number of people are allotted to a campaign at a Call Centre and the campaign has to book these seats, getting the sales message correct at the start is crucial. You need to remember that for a Call Centre, it is either the customer or the manager at the Call Centre who will devise and write the scripts for the callers for lead generation. The first basic difference between lead generation and sales opportunity creation starts here. The Call Centre manager may not know who will be making the calls, so a script is devised to aim at the lowest common denominator. Such a script can rarely take in to account any individual methods and must be a “one size fits all” script. It’s not surprising that Call Centre lead generation sounds somewhat ‘robotic’. Therefore, logically the Call Centre approach to lead generation often uses a ‘scatter-gun’ approach, on the basis that if you make enough calls you should find enough interested people. If you think about all this carefully, you can start to see why Call Centre lead generation works for some companies but fails miserably for others. If a Call Centre relies on the ‘throw enough mud and some will stick’ approach to lead generation, then logically they will need to buy enough data for your campaign. If you’re selling something like mobile phones to end users, then you can see why a Call Centre lead generation approach will work in such a saturated market. On the other hand, if you are selling Consultative Expertise then you can see why your chances of succeeding via Call Centre lead generation suddenly begin to dissipate. In other words, if you are selling something that requires a dialogue with an intelligent buyer, you need to move away from the standard Call Centre lead generation approach and adopt the approach of sales opportunity creation. Sales opportunity creation is a form of lead generation that takes a ‘laser-guided sniper’ approach to a campaign rather than the Call Centre ‘scatter-gun’ approach. I use the ‘laser-guided’ analogy because this form of lead generation begins with very careful targeting. To use the military analogy further for your sales campaign, you will generally hire a very small number of ‘special forces’ (better known as Consultative Telemarketing people) as opposed to a large number of ‘conscripts’ (Call Centre staff). Instead of the Call Centre ‘one-size-fits-all’ approach to lead generation, the Consultative Telemarketing person will create a ‘pitch’ instead of a ‘script’. The pitch will be matched to a carefully selected database that the expert will build for you or work with you to produce. Sales opportunity creation is a business development approach that uses a high-calibre telemarketing person. This form of lead generation is geared towards medium to high level decision makers with larger budgets. This approach is far more suited to new markets, new technologies, niche offerings and specialist skills provided. To summarise, if you have a product in a saturated market place that takes little or no explanation of what your product does, then use Call Centre lead generation. If your product or service is a complex or specialist offering, then your lead generation requires a sales opportunity creation approach - using a high-calibre consultative telemarketing person. If you are in any doubt, I offer high-calibre consultative telemarketing for lead generation. I’m happy to explain the difference if you need further help – call 0870 042 1263. Posted in Lead Generation, Telemarketing | No Comments »
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