Aug 9 09

Lead Nurturing for Internet Leads

by Paddu

Lead Nurturing is the process of developing leads and converting them to customers using long term marketing, engagement and follow-up strategies. With the wide use of Internet by the consumers and businesses to locate, research and purchase goods and services, Lead Nurturing has gained a much wider and critical importance among marketing professionals.

While most of the time the prospects need immediate response from the sellers, it is also true that many prospective buyers look for information right at the early stages of buying process. Hence keeping those future customers engaged, educated, gaining their confidence and finally converting the leads to customers is a key part of today’s marketing process. Lead Nurturing Software helps to nurture the internet leads using automated software systems and processes.

Lead Nurturing Software Tools

Leads generated from Internet and online media such as social networking sites and web 2.0 tools, who are not looking for immediate purchase, can be nurtured using lead nurturing software programs with built-in Autoresponder Services, event triggered sequential drip email marketing automation programs, and lead tracking systems.

The nurturing process takes various cues depending on your nature of business. For example, if the telephone contact information of the prospect is available, it can also be put through a contact center (not focused on sales but nurturing). If the physical address is available, even a traditional snail mail can be sent in a suitable time interval. However, these traditional nurturing methods are loosing relevance, as there is remote possibility of having contact information other then email addresses. Over 80% of leads generated on the internet, especially using social networking media sites, will have only email address as the contact information.

Many integrated Lead Management Software solutions such as LeadPro247 marketing automation suite, come with relevant lead nurturing tools. These are generally web based systems and easy to use. Typically the following components can be used to develop and nurture the leads:

  • Auto Responder Service: This tool is nothing but Email Marketing Automation service with built-in drip email marketing broadcast feature. Drip email messages are automatically triggered by the system by predefined events such as times lines, bahavioral actions, and online activities.
  • News Letters: Electronic newsletters are great nurturing tools for educating and engaging the prospective customers. Email marketing service will be used to design, deliver and track email newsletters with marketing information.
  • Online Surveys: The biggest benefit of using online survey software is that you can read the prospects’ minds. This will provide an insight into the thoughts of the prospect and your services can be tuned accordingly.
  • Lead Tracking: When you are nurturing a lead online, tracking the behavior is the most important aspect. Unless you know how they are behaving and what they are responding to your marketing communications, you can not deliver meaningful messages or take corrective actions. Again, the integrated Lead Tracking software such as LeadPro247 could be leveraged to track the email message opens, clicks, site visits, survey responses, and whitepaper / document downloads.

Usage, Relevancy and Frequency

While there are several tools and systems available for internet generated leads, it is the the user who decides when and how to use the features available. As an online marketing professional, you must choose the right business rules, timing and frequency for delivering nurturing messages. Using a lead nurturing software tool itself is a not a panacea for all ills! It depends on how you use it.

For example, sending too many email messages might trigger the prospect to unsubscribe from your email list. Similarly, if you do not mail frequently enough, they prospect might forget about their research and your relevany product / service and might report your email message as a SPAM or Unsubscribe from the list.

The messages have to be relevant to the prospect’s needs and requirements. Use the segmentation features available in your email marketing or autoresponder service to deliver right messages to the right target audience.

Review the nurturing programs and business rules settings on a regular basis and tweak and improve the same on a continuous basis. What is right and relevant today may not be relevant tomorrow, especially in the online world. If you are dealing with B2B sales leads, you may also employ lead ranking or scoring techniques to improve the lead nurturing and follow-up process.

Aug 6 09

Twitter populated by bots

by Sue

24% of tweets are by bots: What does this mean?

Social media networks like Twitter have become and indispensable part of Internet Marketing. Giant Corporations use Twitter to reach out to their customers and get valuable feedback. A recent Sysomos study has revealed that 24% of tweets are by bots. Sounds cold, uncaring and not very social?? Probably but not actually so. There are a lot of situations when bots are useful.Tweeting of blog updates,collecting tweets on a specific topic from twitter users etc. Take a look at this Mashable article for more examples.

Most internet marketers automatically post their blog updates to Twitter. Although these are automatic updates, it does not mean that they don’t care (as long as the blogs contain relevant material). This is like drip- emails or newsletters; they are sent automatically but the content is original every time. Bots spell doom only if the tweets are from various sources and not very original most of the time.

A company using bots to follow keywords may still seem ’social’ if it replies to people with appropriate comments. Just following all customers based on keywords and automatically tweeting pages is not going to make anyone happy. Auto-reply bots; Not very cool!!

So the conclusion: Use bots wisely and only when needed. They cannot replace the human connection!!The whole point of Social media is to be social. Bots can only make it easier in part.

Jun 11 09

Custom URLs for Facebook Profile and Fan Pages

by Sue

Facebook has announced that users can select custom URLs (also known as vanity URLS) from 13th June 2009. If you are using Facebook as one of your social networking tools for marketing and lead generation, please take!

Many social networking sites provide custom urls. For example, Twitter and MySpace provide this feature for a long time. Using a custom URL is very user friendly and easy to remember. Twitter.Com/MyName is much more easier to use and recollect, than Facebook.com/profile.php?id=2654801.

Here is the catch: if the Fan pages do not have more than 1000 fans, then custom url feature will not be available! Also the fan page must have been created before 5/31/2009. Once the URL is selecte, it cannot be changed.

Here are some more basic rules: Facebook usernames will be available in basic text forms, and you can only choose a single username for your profile and for each of the Pages that you administer. Your username must be at least five characters in length and only include alphanumeric characters (A-Z, 0-9), or a period or full stop (”.”). While usernames are currently available only for Romanized text, we’re looking at how we might support non-Romanized characters in the future.

Facebook is also asking people with a trademarked or protected name to email them here to avoid the obvious issues.

Please go this page on Facebook for a detailed FAQ.

Jun 11 09

Hear the Voice of your Customers with Online Surveys

by Sue

Most of the small businesses and entrepreneurs can find many prospects (or leads) in their own backyard -their past customers. They often forget the customers once the sale is made, payment is processed and product / service is delivered. While the profit margins may not support pampering of the customers and engaging them on constant basis (as done by few large customer centric businesses), tapping their shoulders once in a while in this virtual world is not a cost-prohibitive exercise.

Starter: Email Marketing

The moment “customer engagement” is mentioned, many of us jump to the conclusion that newsletter communications with Email Marketing is the only cost effective way. While there is no denying that email marketing is a great tool in the hands of customer engagement managers, we have to remember that email marketing is an one way street. Information is fed by the marketing organization to the customers. Email Marketing Campaign Analytics data does provide an insight into the customers’ interest and engagement. Metrics such as email open rates, click rates and unsubscription rates helps to understand whether the customers are reading the email communications and the level of interest.

High Pedestal: Social Networking Media

However there is no way to have a conversation with them. Social Networking and Web 2.0 tools such as Twitter, Facebook, LinkedIn, Forums and Blogs stand taller than email marketing in the conversation aspect. You can hear their feedback, comments, opinions and complaints by listening to the customers’ conversations in the social media, if you have a good presence in these communities. With a plethora of social networking media crowding the current market place, it is often difficult to catch the conversations in all corners of the Web 2.0.

Direct Dialog: Online Surveys

Remember that we are talking about your past customers, not some unknown, futuristic consumers or generation X or Y crowd. You have all the information about these customers in your database, you had positive experience in dealing with them, you made money out of their purchases, and you have their permission to talk to them – or to tap their shoulders. Then, why do you need spys in the social networking communities or use one way communications? In fact, most of your customers would love to interact with you.

Enter Online Survey solutions and Customer Feedback Management systems. You can reach directly speak with them and request them to provide their feedback. You can segment the customers based on their profile (already available with you) and ask the right questions – relevant to them.  Online survey planning, survey questionnaire design, data collection and results analysis takes only few minutes! And it costs (almost) nothing!

Interacting with customers with online survey tool takes many names:

  • Customer Satisfaction Surveys
  • Patient Satisfaction Surveys
  • Website Usage Feedback Surveys
  • Online Shopping Experience Surveys
  • Incident Response Satisfaction Surveys
  • Employee Performance Feedback Surveys
  • Product Satisfaction Surveys
  • Warranty Service Experience Surveys
  • What Else Can We Do For You Serveys

By whatever name you call it, it all means the same – getting feedback from your customers, engaging them with product updates, and preparing them for the next sale!

The surveys can be made of simple one question poll, or 5 question quick survey or 30 question deep conversation. It depends on the customer segment, purpose of survey, relevancy of the survey, and customers’ interest in taking up the survey.

Don’t Over Do It

This rule applies for any marketing strategy – whether it is the (hated) telemarketing, email marketing, social networking posts or online surveys. Make sure that the right sized surveys are sent to right customer segment (target), at right time with right content. Do it right, the customers will keep coming back to you.

Voice of the Customers

Surveys (or reserach?) show that surveys are the most preferred medium / source to obtain information from the market. Here is some statistics from the 2009 Voice of the Customer Survey conducted by 1 to 1 Media:

Satisfaction Surveys – 44%

Focus Groups – 14%

Call Recording from Contact Center – 11%

Customer Advisory Board – 11%

Pulse Surveys – 4%

Net Promoter – 3%

Branded Online Community – 1%

Social Media Sites – 1%

Other Sources – 10%

Go ahead and leverage the online surveys to hear the voice of your customers and make some more money! Online Survey solutions come in all sizes, shapes and colors nowadays. You do not need any software to install or get trained. Go online, subscribe to a survey solution and design and deploy a survey in few minutes. Do spend sometime in analyzing your customer lists and suitable survey topics before hitting the go button. The software solutions provide real time survey data analysis and reporting for you to see the results as soon as your customer clicks the ‘Done’ button.

Mar 15 09

Leveraging Web Surveys to Engage Prospects

by Sue

We all know that the most difficult aspect of Lead Management process is keeping the prospect engaged, especially when the sales cycle is long. In B2B (Business to Business) scenarios, keeping the leads’ interest in your products or services over a period of time consumes lot of efforts and resources for the businesses small and big. Obviously, the most effective way is for the field sales person keeping in touch with the prospect’s primary contact either in person or using telephone and email. However it may not be the most prudent way of utilizing the sales resources as these in high demand in terms of cost and time perspective.

Email Marketing

In B2C (Business to Consumer) scenarios, though the sales cycles are smaller, most of the lead followup and management processes are handled online. Allocating time and resources to engage the leads on an going basis is not easy for marketing professionals, small businesses and entrepreneurs. Here is where the practice of email marketing comes into use as a lead nurturing tool. Done right, email marketing can be a great tool in the hands of the marketer to inform, educate and engage the prospective customers. The cost of email marketing is significantly less when compared with modes of traditional marketing such as direct mails, telephone calls and in-person visits.

However, most of the internet / online marketers tend to overdo the email marketing and end up losing the prospects totally by poking the subscribers often. The leads will simply opt-out from the subscription list and terminate the relationship prematurely, even if they have genuine interest in your products or services. Remember the three Rs: Right Message, Right Frequency / Timing, Right Target Audience! If you don’t figure this out correctly, you will end up losing the leads, though your intentions are good!

Step into Web Surveys

Marketers are finding out that online survey is a great addition to the online marketing toolbox. Web based surveys can be used not only to inform the prospects, but also to seek opinions / feedback from them. Hence this is a great two way communication tool between you as a marketer and your lead, as the potential consumer of your offer.

Again, this is closely tied to email marketing, as the surveys are administered and taken via the internet. The survey invitations also delivered through email invites. Hence, exercise caution while deciding the audience, deciding the survey subject, designing the survey questionnaire and delivering invites.

As mentioned above, you can learn a lot from the survey responses and fine tune your services accordingly. Online surveys can be a great method as a special purpose tool for Lead Nurturing.

Integrated Lead Management Tool

LeadPro, a leading lead tracking and management software tool, has developed and integrated an Online Survey tool with its Lead Management and Email Marketing suite of marketing automation solutions. The major advantage of using an integrated solution is that you don’t need to keep importing and exporting lead data among several tools. The email list management feature is used for survey panel / target audience list management. The same lead lists in the database can be used for sending out survey invitations.

Targeting specific segments of prospects is a breeze with advanced filtering. For example, leads at a specific lead stage / activity can be targeted to deliver concise surveys.

Drip Email messages can be used to automatically deliver Survey Invitations as the leads move through the sales process.

The Survey Analytics, which provides access to summary level reports and individual responses, can become a lessons learned knowledge base for improving the products and services.

Web based, online Survey tools can be a valuable addition for marketers and lead administrators, if used judiciously and executed properly.

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