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Educate leads and push them closer to the sale with lead nurturing
Once you’ve identified a lead, now what? Just because they’ve registered for your webinar or downloaded a whitepaper doesn’t mean they’re ready to sign on the dotted line. In fact, studies suggest that between 30% to 50% of the leads that enter a pipeline represent future opportunities, but they’re not yet ready to buy. But according to a Genius.com study, 66% of buyers indicated that “consistent and relevant communication provided by both sales and marketing organizations” is a key influence in choosing a solution provider. In fact, research from the McKinsey Quarterly shows that, on average, a B2B customer will regularly use six different interaction channels throughout the decision journey. The point is, consistent and relevant communication can play a critical role in the buyer’s journey.
Nurture relationships with leads who aren’t ready to buy
Lead nurturing is the process used to “nurture” relationships with leads who aren’t yet ready to buy, in order to win their business in the future when they are. One of the primary tactics is creating “drip” email campaigns related to the initial offer or topic of interest. Leads receive a series of relevant, automated emails at scheduled intervals that will keep them engaged over an extended period of time, with the goal of moving them towards a purchase.
Be there when they’re ready to buy
Once a prospect has considered their options, they begin to narrow down the choices and ultimately determine who to buy from. By providing helpful information to potential buyers throughout the sales cycle that can better inform their decision, you’ll stay top of mind and be there when they’re finally ready to make a purchase.
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B2B buyers have certainly changed the way sales and marketing is approached. Yes, it’s still about relationships, but leading firms are not waiting to be engaged by potential clients. Instead, they’re leveraging the power of content and technology to initiate and nurture relationships by engaging buyers early on in the sales process.