Sales Lead Generation: Does Yelling Help?
By Mike Schultz and John Doerr
Q. How does a CEO fix his company's technology problems?
A. He yells louder at his IT manager.
Will Yelling Louder Help Your Sales Lead Generation Efforts?
In
marketing professional and consulting services, when the leads aren't
coming in like they're supposed to, the Managing Partner just yells
louder, “DO SOME MARKETING.” This would be funny if 1) it was someone
else doing the yelling (it is usually us), 2) we didn't need the
revenue sooner rather than later, and 3) we weren't frustrated because
we know that, no matter how loud we yell, no new clients are going to
walk in the door as a result.
But marketing shouldn't be the
target of our invective. When it comes to services marketing, we must
understand the role of marketing and exercise the patience to wait for
results from the marketing efforts we engage. Before we “DO SOME
MARKETING,” let's think about marketing for a minute—especially its
role in developing services clients and revenue. We begin with the
premise that marketing is about broadening your reach and beginning the
business development process. Marketing helps us to create better
answers for the following questions for our firms:
- How many people think of you when they need your type of service?
- How deep into the marketplace does your brand recognition penetrate?
- How many people know you even exist?
- Can you actually create interest and desire for your services?
Service
marketing is more than a one-step process. We focus on generating
revenue through generating new leads, harvesting existing prospects,
and gaining seats at meeting tables so we can develop relationships
that lead to new business.
So to keep the leads flowing
consistently, evade the service revenue rollercoaster, and keep the
CEOs (whether they're us or someone else) yelling at the IT people
instead of the marketing people, we would all do well to commit
regularly to the following six actions:
Speak at conferences and industry events:
Speaking at conferences is one of the top marketing efforts any
professional service provider can undertake. The foundation for success
is to remember that while you are delivering you are marketing, not
selling. The selling comes after the presentation or event. Providing
value during your delivery gives your audience a good taste of what
they might expect when they eventually engage your services. To ensure
you convert attendees into prospects, offer your slides or a white
paper on the topic for anyone who wishes to leave his business card
with you.
Publish articles: Learn what your potential
clients read to find out how to solve their problems. Like your
presentations at conferences, provide something newsworthy and
valuable again reflecting the value of your core services. Allow as
many people as possible to reprint and share your publications as long
as they ask for and provide attribution to you as the author and
include your contact information.
Deliver seminars: Are
seminars good for marketing? Unequivocally, yes. Not only are good
seminars good marketing, done right seminars can be one of the few
marketing tactics that can actually be profitable by themselves. As
with speaking at conferences, do not sell when you deliver. Focus on
delivering strong content and value. You are marketing your
capabilities and benefits to the potential client by demonstrating how
good you are, not by telling any one how good you are. Also, don't be
afraid to charge for your seminar, too. If you provide value, people
will not only pay, they will expect to pay.
Create an offer they can't refuse:
The biggest obstacle for marketers of consulting and professional
services is getting prospects to overcome the trust barrier and engage
you for “big” contracts. After all, you wouldn't spend tens of
thousands of dollars on someone who you only know of from a postcard or
brochure. However, you can get prospects to engage you for a four-hour
analysis, an introductory consultation, or a book, white paper, or
product. Be creative. Find a way for your prospects to try you out for
a test drive. The business development process and big assignments come
later.
Measure your efforts: One of the primary reasons
we spend so much time yelling about marketing is that we jump from
effort to effort, and even abandon efforts that may be working, based
on length the latest week's pipeline report. Marketing efforts take
time to create results. By changing our tactics every month we never
find out what really works for us. As a result, we waste time focusing
on unproductive activities while we discard activities that will bear
fruit if we give them time to do so. Measure the costs and results from
all your marketing efforts.
Test new tactics against measurements:
Once you have good measurements on the effectiveness of your ongoing
marketing campaigns, set up ‘scientific' tests of new campaigns. Try a
new tactic, but make sure your success criteria are realistic and
defined before you launch the campaign. The more you find out about
what works, the more you can improve your marketing returns and overall
revenue generation.
The next time you feel the urge to yell at
your marketing people, surprise them. Ask them to try the actions and
processes described here and allow adequate time for the tactics to
work. Your marketing people will love the chance to work with a clear
direction. And everyone will love the peace and quiet.

