Getting the most out of your marketing budget may start in
your sales department. The linkage to marketing ROI and
improving sales performance is powerful. If you are looking to
increase revenue and decrease marketing expense look to tuning
your sales processes and team.
Lead Capture and Distribution
The top inefficiency - and fastest route to improving sales
performance - in most sales organizations is the process of
capturing and distributing the right lead to the right sales
person.
Sales leads will originate from a variety of sources (i.e.,
Internet, referrals, conferences, etc.). Design a process that
quickly reduces each of those sources into fundamental contact
and objective data. Then immediately get them into your sales
database.
Once in your database, if you have a medium to large team,
distribution becomes your next challenge. The modern sales force
is increasingly mobile and distributed. Meanwhile consumers
increasingly expect immediacy. This requires technology and
methods that will immediately connect new leads to mobile
devices. The trick to improving sales performance is determining
who is available and making that connection to the customer as
immediate and local as possible.
Sales Process and Disposition
Once a sales lead is in an agent or representatives' queue it
is time to turn your attention to managing them to convert.
Sales is as much an exercise in persistence as it is art. The
key is defending against burn-out and track performance.
Improving sales performance can be effectively achieved by
simplifying and automating the tracking of process points and
disposition.
Build a detailed, yet flexible, sales process flow with
logical measurement points. Once documented this workflow can be
tracked with simple and discrete disposition codes. Make sure
that you reduce these tracking codes to quick annotations or
selections within your sales database.
Automating Lead Nurturing
Of course not all leads convert immediately to sales. That is
where lead nurturing becomes the secret weapon to improving
sales performance. Design blended campaigns of email and contact
that continue to add value and keeps you top of mind.
Unlike most sales processes adding lead nurturing will create
a disciplined process of engaging the customer on a long-term
basis. Your strategy should include topical and educational
content as well as routine check-ups on their status and
objectives.
Once designed it should be integrated into your sales process
and automated as much as possible. The ultimate result is
improving sales performance by activating your entire database
and producing a steady source of ongoing leads from past
fall-out or non-responsive prospects.