I always talk about the need to finely target and qualify leads before they even get into the lead generation funnel. This means using the right demographic and behavioral elements. They help you weed down the universe to the mighty few prospects that we can actually call “leads”.
As the prospect progresses through the funnel and becomes a warm lead, then what? What’s the best way to qualify leads before passing them along to sales?
I read an article by Dan McDade, who is an expert on lead generation. I want to share his words with you, along with some Lead Generation Tips of my own.
The more leads you give to sales, the less likely they’ll be followed up on
Sales is conditioned to not follow up on marketing’s leads. Why? Because they’ve been burned. They receive hundreds of so-called leads generated through trade shows, email campaigns, webinars & whitepaper downloads. They have learned that there may be, if they’re lucky, 10% that are qualified. Sales has a quota and they’re not going to spend the hours needed to cull through lists of low-level, so-called leads.
Fewer leads empower sales
Marketing can recondition sales by sending qualified opportunities, as opposed to raw, unfiltered leads. How? If marketing segments, measures, and qualifies, sales will learn to value what marketing sends their way. That translates into more deals and more revenue, and that’s good for sales, marketing, and the company.
When leads are qualified, marketing can do a better job
When marketing takes on the lead qualification role, sales gets in front of more qualified prospects. Which means marketing is able to increase its ROI as leads generated are no longer wasted. Plus the process of qualification helps marketing fine-tune its demand generation programs. If a list generated from a trade show, for example, is only pulling at 5%, Marketing can adjust its investments to maximize the benefits.