Recently BizActions and Sales Generation Services (SGS), a B2B lead generation firm specializing in accounting and other professional service firms nationwide embarked upon a telemarketing project with Stambaugh Ness, a top regional accounting firm located in Pennsylvania. Whether you are looking to outsource the role of sales, telemarketing or hire an internal sales professional, I thought it would be beneficial to share the steps and process they used to target the AEC (Architects, Engineers and Construction) Industry Group.
Lead Generation - Steps for Success
1. Identify the List of Targeted Companies by Niche - In this case we needed approximately 200 contacts of the most wanted prospects for a 30 hour project. The single most critical factor in a successful lead generation campaign is having an accurate contact list. What is the firm's "most wanted" list?
2. Industry Leader - Meet with the industry niche or team leader to validate the strategy. Develop a document of Steps for Success (SFS). The SFS document should include: list development and management, content messaging (industry fact sheet, white paper), delivery method (e-newsletter, email radar, direct mail), appointment follow up strategy, research on company, etc.
3. Lead Generation Process - Provide the lead or telemarketing team with a script, quality contact list, setup a firm email, and phone number for the designated caller.
4. Drip Campaigns - Nurture the leads with tools like the firm's e-newsletter, email blasts, social media, industry events, direct mail, webinars, etc. Use a "Drip Campaign" to nurture the list with a series of thought leadership information - a word of caution; this should not be a sales piece.
5. Content - Develop thought leadership content pieces: fact sheet/sales sheet, brochures, letters of introduction, industry niche white paper, e-books, and articles or recent industry news that is timely and relevant. The most important brand attributes for a firm are often credibility and trust - the best way to build credibility and trust is by providing useful and relevant information that will help build your reputation in the marketplace.
6. Email Radar/Click Activity Reports - Pull read activity for the targeted group - i.e. click activity for email radar - focus on those contacts first, since there has been some level of introduction to the firm.
7. Appointments - Lead team sets up appointments with "C" level contacts. Based on conversations, updated information is provided to the firm each week: additional "C" level contacts and email addresses.
8. Pre-Meetings - Prior to the appointments, meet with the partner (use only the "A" team for these meetings) to discuss the opportunity. Research the company: LinkedIn (potential spheres of influence) website, social media and pull a consolidated report on the read activity. Use as a potential point of reference or talking points.
9. Research/Preparation - Look up the meeting contact/company on LinkedIn. Who might you have in common? If you are not connected, invite them to connect on LinkedIn. Use the connectivity in your network to break the ice and build on the relationship. Reach out to the other partners in the firm to see if there are any connections - six degrees of separation.
10. Lead Generation Campaign Report - This report produced and provided by SGS on a monthly basis will summarize contacts made, status of the contact and appointments set.
11. Pipeline Report - Should you decide to embark on a lead generation program, be sure to track the ROMI. Where the leads came from, track the progress in a pipeline report and what engagements were closed. If you have a CRM system set up the protocols to code the campaign in a CRM system. With these types of programs, leads risk getting lost in the process, ignored, or end up going with a competitor….80% of all leads generated are never followed up on?
12. Lead Nurturing - Continue to nurture the list with industry specific information: invite them to industry niche sponsored events, make sure all contacts are added to your e-newsletter. Continue a strategy or process to systematically target and nurture prospects until they are ready to make a buying decision. 'Stay in Touch' campaigns are useful for all prospects that are not immediately ready to engage your services.
13. Return on Marketing Investment (ROMI) - Track, track, track.
14. Remember - Marketing is a process and takes time... be patient. Building a relationship with a prospect is the same as with any long-term relationship - you can't force someone to commit - but you also cannot afford to lose individuals because their willingness to buy doesn't match your readiness to provide services.
15. Stay Tuned for Results - For this project, Sales Generation Services booked 10 appointments for Stambaugh Ness. And, when I recently spoke with Steve Hake, President and Chief Operating Officer for Stambaugh Ness, he commented that this lead generation project has given him a new outlook on telemarketing and its potential effectiveness.
Solutions
BizActions maintains the pulse of e-marketing. Within our complete communications platform and integrated into our powerful CPA email newsletters, we provide business development, lead generation and branding solutions for CPA firms. Communication is the key to relationships. Relationships are the key to business success. As the leader in business-to-business messaging, we have the experience to help you accomplish your goals. We know what clients respond to and pride ourselves on being at the leading edge of technology and client communications. BizActions is the ONLY e-marketing system that includes original, professionally-written, industry-specific content in such areas as accounting (U.S., Canada, Australia), law, financial services, human resources, estate planning, banking, employee benefits and much more. Discover how our dynamic, effective and flexible suite of synergistic solutions like our Online Resource Library can help you. Our Online Resource Library is a custom-branded stand-alone website that houses hundreds of resources for your clients - all while increasing your firm’s SEO. Our e-marketing solutions can help generate opportunities for your firm so that you may remain top of mind and build your business one impression at a time. Learn more by visiting our website, or follow us on Facebook and Twitter.