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What Is B2b Marketing

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Attend Seminars:



While many argue that seminars are a waste of money, I suspect that these naysayers just haven't been marketing themselves properly. You don't go to a seminar or trade show to market yourself to the passers-by there. Instead, you go to connect with the other booth workers who are interested in connecting with you. These people are at the seminar or trade show because they are direct representatives of their companies; use this to your advantage.

Follow-Up:

Too often businesses will lose long time customers just because they don't bother to stay in contact. Even if you don't have any direct business with a client, it doesn't hurt to call every so often to plant the reminder that you're still around. Also, don't be afraid to send out a card or letter from time to time. In today's email based world, receiving a hand written messages often is more than enough to set yourself above the competition. Keep the channels of communication open, and make periodic contact - especially with your best contacts.

Lunch And Learns

Don't be afraid to offer free lectures which describe your product and skills. This is a great way to directly target companies you want to sell to as well as a great chance to talk to them face to face about your company. In addition, it displays a sense of professionalism when the presenter has the resources to sponsor an event where other companies can benefit at no cost other than time.

Mail Blasting

One of the fastest growing trends in b2b marketing is to hire a third party to do your marketing for you. Companies like ExactTarget of Indianapolis, IN take your business letters and then distribute them to over 2000 leads. Their system then tracks the e-mails sent and reports back statistics on how many read them and who clicked on what links. It's a fantastic way to directly follow your market. Yes you have to pay for their services, but the resulting business information in terms of who you are reaching and who you are not is amazing.

Speaking at Service Clubs

Although this may not seem like much, offering to speak about your company or services can make you seem more approachable by other businesses. Also, many business owners like to use service clubs to do informal direct marketing. The face to face time with others at these type of networking events can be valuable in building relationships.

Unfortunately, there's no one formula to use for perfect b2b marketing. Still, use of the above methods will help your company exceed the competition in terms of results.
What Is B2b Marketing
The CEO of an enterprise software company asked me to work directly with the VP of Marketing and take over their Google Adwords campaign management. They were routinely paying $35 to $65 per click in their highly-competitive niche. The objective was to optimize the campaign so as to get more sales opportunities for each dollar spent.

In order to begin quantifying the value of their AdWords investment and identify measurable results, the company acquired tools like traceable inquiry forms, Google Analytics, measurable conversion goals, and a special toll-free number that allows the company to actually listen back to the inbound calls that are initiated by a website visitor.

Now it Gets Ugly

After I set up the toll-free number, my routine is to test it a couple of times to make sure it works and is forwarding the call to the right number at the company. This also gives me the opportunity to "mystery shop" the company's phone call answering and routing process, as though I am a prospect who just found the company's website and is calling the phone number on the screen in front of them.

When I made my call to the company's toll-free number, here's what I was treated to:

"...this call may be monitored for quality control and customer service... ring... ring... ring... ring... thank you for calling [company name] please wait while we transfer your call to the next available representative... ring... ring..."

Half laughing and half grimacing, I hit '0' to try to get a human on the phone, only to hear:

"...the option you have selected is invalid, please select again..."

At that point, I hung up... just like a prospect would. I couldn't help but wonder how many potential customers had hung up in frustration and how many potential sales opportunities had been squandered.

How to Measure Ugly

This company was paying $65 per click to get roughly 1 out of 10 visitors to actually pick up the phone and dial a call to the sales team. This amounts to $650 per call (actually much more, when indirect marketing costs are factored in) and that $650 call was immediately flushed down the abyss of their automated phone system. Any chance of a positive impression was immediately turned into a lost sale.

Sadly, this sales prevention system is not at all unusual among businesses today. Too often companies get lost in the day-to-day minutia of increasing their web traffic and rankings. They overlook the simple yet vitally important things such as making sure sales calls get answered and emails are handled in a timely manner. The result is lost sales opportunities and a poor impression of the company, which can lead to much larger problems that ultimately sabotage business growth.

A Sound Solution

Luckily, I had set up the toll-free number recording system.

I called the VP of Marketing and enabled her to hear what I had just experienced. "Horrified!" inadequately describes her reaction. The next day she called back, saying she had replayed the call for the CEO, who was also sickened.

The company made an immediate decision to engage a live answering service to handle the calls, at least for the short term. A team was quickly trained to ensure that every inbound call was adequately and professionally handled.

From Ring-Ring to Ka-Ching

Is your company guilty of throwing dollars at campaigns to increase web traffic, only to turn around and squander sales opportunities due to poor telephone and email handling?

Quick... better make sure your telephone system isn't preventing prospects from reaching out and touching someone at your company. As soon as you finish reading this, pick up the phone and call your company's sales lines and test the process for yourself.

Is your experience exactly what you'd like your perfect prospect to encounter?

If so, congratulations. If not, take some action to remedy the situation, such as implementing a professional answering system or training your sales team to handle the calls in a timely and professional manner. These little common-sense things are often unnoticed and unresolved because no one thinks to test ALL the components in the process. Getting each one right will make a big difference to your top line.

Also, implement a system to record incoming phone calls for quality review and to mine/transcribe details for the sales team.

Make time to honestly assess your telephone and email sales processes. Your sales efforts depend on them to operate with friendly flawlessness.

A Beautiful Ending

Recently, my client called and was excited to share with me the recording of an inbound phone call:

"...this is [one of the executives] at [a $3 billion dollar] company. We're currently using your competitor and not real happy with the results we're getting. We'd like you to come out and meet with us..."

I was as thrilled as she was with the good news. We both agreed that this call came as a direct result of:

a) installing the traceable, recordable 800 line, and

b) directing the call to the professional, human answering service.

As my client put it, not only would that call have likely never happened under their old system, but there would be no way they could go back and play the entire call to provide the sales team with precious and timely details that may have been lost in translation on a memo pad or in a database field.

Don't let your telephone system sabotage sales any longer. I guarantee that making these few simple changes will bring you more sales opportunities for each precious marketing dollar.
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About Author
Both Mac H Mcintosh & Todd Miechiels are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Mac H Mcintosh has sinced written about articles on various topics from Marketing, Business Promotion and Business Loans. M. H. "Mac" McIntosh is described by many as one of America's leading B2B sales and marketing consultants and an expert on sales
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