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Lead Nurturing, Marketing

Lead Nurturing Strategies To Increase Your Sales

Lead Nurturing Strategies is a Process of developing a relationship with buyers at every stage of the sales funnel and through every step of the buyer’s journey. Also, Lead Nurturing focuses on marketing and communication efforts on listening to the needs of prospects and providing the information and answers they need.

Lead Nurturing Strategies helps you to convert your inbound traffic into real sales. Therefore, lead nurturing Strategies is supposed to guide potential customers through the sales process while developing strong relationships at the same time.

Lead Nurturing Strategies

Effective Lead Nurturing Process

1. Acquire Leads:-

Begin by attracting leads Nurturing Strategies to your website by generating engaging content that can be shared throughout your various marketing channels. Create content about your business in the form of eBooks, blog posts, white papers, photos, infographics or whatever else that would fit your business and your audience.

2. Nurture Existing Leads:-

Once a lead is a part of your lead Nurturing system or email list, it is important to continually nurture them to ensure they move through the sales funnel when the time is right or to encourage another purchase.

Lead Nurturing Strategies3. Score Each Lead:-

A valuable lead is one that is interacting more with your business online whether they are downloading more content or viewing more web pages as compared to other leads.

4. Pass Along Leads to Sales:-

The lead generation process of reaching leads, retaining interest, nurturing leads to prevent them from dropping off and establishing their desire to interact with your company is the focus of the marketing team.

5. Evaluate the Lead Generation Process:-

The entire lead generation process should be under scrutiny by your team to ensure that it is as effective as possible in bringing in new leads, nurturing them, converting them into customers and retaining those customers over time.

Lead Nurturing Strategies

How to Choose Leads For Lead Nurturing Strategies:-

If you’ve implemented a reliable lead generation process, then perhaps many of your leads are qualified. But, remember that not all leads are the same. They come in as leads at different stages of your sales funnel and at varying levels of readiness to buy. Lead nurturing takes time and some investment in content marketing and sales automation. For it to be effective, you have to know your audience. Also, Know exactly which leads are the best fit leads, and devote more of your time nurturing these.

Lead Nurturing StrategiesThe best way to get to your best leads is to develop a data-backed lead scoring strategy. Also, lead scoring, you rank leads according to their perceived value, based on their information, interests, and actions. The data you need here are easily accessible, such as demographics, firmographics, and BANT. Many of these can be searched online. So, you can implement simple subscription forms for access to your gated online content.

Your lead’s online behavior and actions can also tell you where they are in the sales funnel. For instance, reading blog posts puts them on top, at the early stages of the funnel. Signing up for demos or requesting for quotes places them closer towards the bottom. Assign higher lead scores for actions that indicate readiness to purchase.

Lead Nurturing Strategies Increase your Sales:-

1. Lead Fit:-

A lead fit outlines how a particular prospect meets the criteria of your ideal target customer. Because This will define from the start of the buyer’s journey to whether or not a person is worth pursuing at all. It’s three categories-

  • Demographic
  • Firmographic
  • BANT

2. Interest:-

The best way to evaluate people’s interest in your product or service is to track your brand’s overall behavior. So, Do your prospects visit your website often enough? So, Do you have any type of engagement with them on social media? You will have to attribute each of these behaviors with a scoring number.

3. Behavior:-

If you carefully monitor the lead’s behavior, you will get valuable data on whether or not he/she is sincere about buying your product. Furthermore, you need to assign high values to behaviors such as filling an opt-in form and downloading your lead magnet.

Lead Nurturing Strategies4. Timing and Buying Journey Phase:-

Ranking the buyer’s quality will help you decide the stage of your sales funnel that the person can reach. So, Give higher scores to people that are constantly on your product pages, pricing package pages, and the ones that want to conduct a product demo.

5. Company Size and Budget:-

Finally, If you’re in the B2B segment, you have to carefully assess every single company that left its credentials in your landing page opt-in forms. Therefore, everyone wants to buy from you, perhaps they only want your lead magnet (ebook) to learn more about your business process and tactics.

Email Marketing, Lead Nurturing, Marketing Automation

How To Generate Leads with Marketing Automation Platform

Why Marketing Automation?

When you are in marketing you know how difficult and important it is to generate leads. Usually, you would work with the small amounts of leads you have and try to squeeze all you can out of them. But most of the time this is not a very successful strategy. There is a solution to your lead generating and nurturing problems, it’s called Marketing Automation. Marketing Automation automates a lot of repetitive processes that would otherwise require a lot of manual time and effort. This will improve the efficiency of your marketing team and help you get more out of your leads.

Email Marketing Services in India

There are 5 crucial steps to get the most out of inbound lead generation:

Collaboration between the Marketing and Sales team

Automation helps two teams to collaborate so that the Sales team can take up the leads that are ready from the Marketing team. Scoring the leads will help you determine when they are ready for the sales team.

Drip Campaigns

Around sixty percent of consumers read promotional emails. Categorizing each prospect based on demographics and behavioral data and then designing auto-responders campaigns based on this data helps improve the relevance of each email. Email is also 3 times more effective in promoting a sale than social media.

Landing Pages

Drip campaigns direct lead to the landing pages where the leads can provide their contact information for relevant details. CRM is not just a software. You can generate leads directly into CRM from landing pages, website forms & marketing campaign responses. Automation combined with landing pages can lead to as high as 50% in conversion rates.

A/B testing

3 out of 5 companies agree that A/B testing is a useful tool for getting better conversion rates. Testing this way lets you know which approach appeals most to your prospects. Testing will also reduce the amount of guesswork from your marketing strategy.

Marketing Channel ROI

All in one CRM solution like Kreator can help to automate your sales & marketing management. You can calculate the ROI against marketing spend by all the channels like Print, web or social to narrow down the high impact marketing channel for your business.

Personalization

With personalization, you can pull data from the prospect’s social profile so they don’t have to enter it manually on your landing pages. Personalized emails have been known to generate six times more revenue than non-personalized.

Use Outbound Marketing to Nurture and Qualify Inbound Leads

The inquiries you receive from the inbound lead generating campaigns should be sent to outbound Marketing follow-ups like emails, newsletters, phone calls and postal mails. This is the next step in nurturing your leads with outbound marketing. Use Marketing Automation software to send personalized and automated responses to initial inquiries. Depending on the replies you get to send out personalized offers to attract the leads.

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Lead Nurturing

What is Lead Nurturing?

Lead nurturing system is the procedure of developing relationships with buyers at each stage of the sales funnel and through every step of the buyer’s journey. Also, It focuses on marketing and communication efforts on listening to the requirements of prospects and providing the information and answers they need.

  • On average, 50% of the leads in any system are not yet ready to buy (Marketo).
  • Almost 80% of new leads never become sales (MarketingSherpa).
  • Companies that excel at lead nurturing generate 50% more sales-ready leads at a 33% lower cost (Marketo).
  • Nurtured leads make 47% larger purchases than non-nurtured leads (The Annuitas Group).

Hence, Effectively developing a Lead nurturing system in today’s buyer-driven marketplace means establishing and nurturing buyer relationships with a strategic lead scoring system, and then filling out that framework with a thorough content marketing plan.

How to Score Leads for Nurturing

Marketing and sales need to get together to progress a lead scoring strategy, to pinpoint where a particular lead is within the brand’s buying model. It is the backbone of a strong lead nurturing system because it identifies when and how to address each buyer with the most timely and significant communications.

What is Lead Nurturing?The details of any lead scoring system will be specialized to every brand, based on your industry, niche, and unique audience. There are, however, four dimensions of lead scoring that should be evaluated as you progress your strategy.

1. Lead Nurturing Fit

Lead fit describes how well a specific buyer matches the brand’s ideal prospect or usual buyer. Although, This introductory-level data will tell you if a lead is quality pursuing at all, and breaks down into three categories:

  • Demographics—The buyer’s job title, company size, location, years of experience, etc.
  • Firmographics—The company’s name, size, location, annual revenue, etc.
  • Budget, Authority, Need, Time (BANT)—Can the lead afford you? Does he have the authority to purchase? Rather, Is there a need you can answer? What is his timeline?

Most of this information is simply collected with forms in front of gated content, email subscriptions, and/or a quick Google search.

2. Lead Interest

Tracking online behavior to determine how impressive your brand is to a buyer is the next state of lead scoring. Also, Is she spending a lot of time on your site? Engaging with social networks?

3. Lead Nurturing Behavior

More closely monitoring lead behavior will specify if a lead is serious about buying, or just grabbing info. Furthermore, Assign lower values to introductory behaviors like clicking through blog posts. Also, higher values to conduct like downloading gated content or registering for a webinar.

4. Buying Stage and Timing

However, Scoring for buying state helps determine where a buyer is within the brand’s sales model. Finally, One way to score a buying state is to align behaviors with the top, middle, or bottom of your sales funnel. Attach higher scores to clicks on pricing sheets and product demos.

For more related information about Email marketing, You can check Rccess, Telcob, and Mailcot.

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