|
Shorten the Complex Sales Cycle with Web Content
By David Meerman Scott
Long complex sales cycles are often misunderstood by
marketing people. Marketers at companies with lengthy a
sales process such as software and technology companies
typically focus exclusively at the very top of the sales
funnel, mistakenly believing that their only job is to
“generate more leads.” These misguided marketers happily
create expensive advertising campaigns and execute on
programs designed to drive more people into the cycle. Then
they simply tie a pretty ribbon around leads they generate
and toss them over the cubicle wall to the sales department.
This strategy is ineffective.
Savvy marketing professionals understand that sales and
marketing must work together to move prospects through the
sales pipeline. This is especially important in the complex
sale with long decision making cycles and multiple buyers
that need to be influenced. The good news is that Web
content drives people through and shortens the sales cycle
for any product or service, especially complex ones that
have many steps and take months or even years to complete.
-
First,
understand your sales process in detail
All sales processes are definable, repeatable and
understandable and effective marketers use the Web to
move people into and through the process. You need to get
together with salespeople, sales management and product
managers to understand exactly what happens in the sales
cycle. You should answer questions such as: How do people
initially find your company or product? When does the sales
person first contact a potential buyer? When do they talk
about your company’s products? When do they offer a price
quote? Understanding the process in detail allows you to
create a definable, repeatable, and understandable process
that Web content can influence.
-
Segment your
prospects right from the home page.
A very effective technique is to segment prospects by using
“self-select paths” right from the home page. Consider links
based on the buyer persona, perhaps by job title or by
industry. A prospect is much more likely to enter the sales
cycle by clicking a link that is designed especially for
her.
-
Create
thought leadership content at the top of the sales
funnel
People in the early stages of the sales cycle need basic
information on the product category, especially “thought
leadership” pieces. Don’t just write about your company and
your products at these early stages. When doing initial
research, people don’t want to hear about you and your
company. They want information about them and their
problems.
-
Make Web
content at the early part of the sales process free
The job of Web content in the early stages of the sales
consideration process is just to get a prospect interested
in your organization. The best way to do this is to provide
valuable content addressing their problems. You want to
build empathy. At this early stage, avoid forcing people to
register their name and contact details. The best thing at
the early stage is for your prospect to think: “These guys
are smart. They understand my problems. I want to learn
more.”
-
Provide
compelling and detailed content to get people to “raise
their hand”
Once you’ve developed an online rapport through Web content,
now it is time to deliver something of value that you can
trade for a registration form. Remember, if you are asking
for someone’s name and contact details, you must trade that
personal information for something of equal or better value
to your prospect. At this stage, a compelling white paper,
online event (such as a Webinar), or online demo is
appropriate to move your prospect further down the sales
process—and she will happily “raise her hand” to express
interest by filling out a form. Remember, you’re still not
ready to sell a product or service (yet).
-
When you
pass a name to the sales department, provide as much
detail about the prospect as you can
Congratulations. Now you’ve gotten the name of a prospect
that a salesperson can contact. But you need to provide
sales with as much detail as possible based on the content
your prospect accessed. Together with the form she filled
out, tell the salesperson details like: “She clicked the
‘I’m a financial executive’ link from the homepage and then
requested our white paper.” When your salesperson contacts
the prospect, he will already know details about her besides
just the lead form.
-
Now that
you’re working the sales prospect, offer even more
content
When a prospect is actually talking to sales, your marketing
job is not done. Those further along in the process want to
compare offerings and need detailed specifications and lists
of features and benefits. You should create Web content to
help your sales department move the prospect towards a
close. Add her to your email newsletter list. Invite her to
a Webinar. Alert her to your corporate blog. Working with
your salesperson, offer her online ROI calculators, feature
comparison charts, and other tools for the middle and latter
portions of the sales cycle. And don’t forget to make
certain that your salespeople know about the content you’re
providing so they can coordinate by pointing prospects there
too.
Measure what content is being used and how. Understand
through Web metrics what’s working and constantly tweak the
content to make it better. Meet regularly with salespeople
to gain insights into the sales cycle and how your Web
content is helping the process. The good news is that the
Web is that it is iterative—you can constantly make
adjustments on the fly.
In an increasingly competitive marketplace with a complex
sales process, Web content will unlock success, even in
highly competitive industries where smaller players are
beset upon by larger, better-funded competitors.
About David Meerman Scott
David Meerman Scott is an online thought leadership and
viral marketing strategist. The programs he has developed
have won numerous awards and are responsible for selling
over one billion dollars in products and services worldwide.
He is the author of the number one best selling PR and
marketing book The New Rules of Marketing and PR: How to
use news releases, blogs, viral marketing and online media
to reach buyers directly.
He developed a one day New Rules of Marketing seminar that
he delivers for Pragmatic Marketing. He has lived and worked
in New York, Tokyo, Boston, and Hong Kong and has presented
at industry conferences and events in over twenty countries
on four continents.
Check out his blog at www.WebInkNow.com or
download his free ebook "The
New Rules of Viral Marketing: How word-of-mouse spreads your
ideas for free" at
http://www.davidmeermanscott.com/documents/Viral_Marketing.pdf
|