We
Need More Leads
By
Bob Washburn, Consultant, CustomerCentric Selling®
Are your inside salespeople executing the front end of your
company's sales process, and generating prequalified leads
for the field, or are they performing the simpler, but less
valuable, telemarketing job?
In today's technology buying environment, where only 10%
of companies' IT budget is available for new product purchases,
it's critically important for tech vendors to have an inside
sales team that can create truly prequalified leads
for their field sales forces and partners to convert to customers.
Earlier this year, while on the phone with a software company
CEO, I asked him about any burning issues in new business
generation. He replied, "We need more leads." In fact,
I'd been hearing that lament from quite a number of tech company
executives lately.
So I decided to investigate the problem, and interviewed
a sample of inside sales managers, field sales managers, field
salespeople and marketing managers, to help me evaluate the
current state of high tech inside sales. Here's a brief
assessment:
At most companies, marketing generates interest in the company's
offerings by hosting webinars, offering downloadable white
papers, product specs, and customer success stories.
Web visitors are asked to identify themselves by filling
in a few (or a lot) of boxes to attend the webinar, get the
white paper and so forth. Then their names and collected data
are sent to the inside sales team to telephone the prospects
and see which ones are potential buyers.
Often, the inside salesperson asks a prospect if they have
an active or potential project, a budget, their purchasing
timeframe, and whether they are a decision maker, an influencer
or a user. Is this customer-centric selling behavior?
S/he also tells the prospect about their product's
features and benefits, and sends the "lead" to the field via
the CRM systemdividing leads into three categories:
A for an imminent decision; B for decisions
60-90 days out; and C for future decisions, say six
months out. In whose opinion is the prospect qualifiedthe
seller or the buyer?
If the prospect is an A, the inside salesperson sends
an e-mail to the field salesperson to contact the prospect
ASAP, often recommending a demo.
Some insides sales teams use scripts or checklists, while
others don't, not wanting their salespeople to sound scripted.
Some companies use questionnaires, to help sellers learn about
the prospect's current product usage.
My concern about this approach to inside sales
is that sellers aren't learning about the current situation
that caused the prospect to learn about the seller's company
or offerings.
Sellers aren't asking about buyers' goals,
needs or problems for which a potential new solution exists.
And sellers seem to be telling buyers
about their products' features and benefits, and not helping
prospects visualize how they could achieve their goal or solve
their problems by using the sellers' offerings
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