There are some clear changes happening in B2B as convergence with CRM becomes ubiquitous. These have been neatly summarised by Brian Carroll in a recent post
I believe the complex sale presents a set of unique sales and marketing problems that benefits by a shift away from the traditional lead generation mind-set to a new way of thinking centered the following tenets:
* More ROI is reaped from the patient tending of potential customers (relationships) over time. Customers for life.
* Lead generation is a conversation, not a series of disjointed campaigns. [as I wrote here]
* Build relationships with the right people and companies regardless of their timing to buy.
* Engage people early (preferably before) in their buying process as possible so you can create and influence their vision.
* The first impression matters. So does the second. So does every single touch after that. Consistency and relevancy is key.
* Sales and marketing must work together as one team. Seeing each other as internal customers.
* A multi-modal and multi-touch lead generation portfolio will always outperform marketing tactics that stand alone.
* Sales and marketing should have a unified understanding and consensus in their language on things like ideal customers and universal lead definition.
* If used properly, the phone is the single best way to reach decision makers and to begin a dialog when you have a complex sale. [contact Sue Crampton for a fabulous service]
* Buy-in from sales and marketing as well as executive leadership is critical to the success of any lead generation program.
* Be willing and prepared to close the loop with every opportunity that is identified.
* The purpose of marketing is to help the sales team sell.
* Trusted advisers win more sales than slick brands.
* Companies don’t buy - people do. Don’t ever forget the human touch
And so for creative agencies: my interpretation of Brian’s work comes out like this:
1 - have a short-ish list of your ideal clients and have a long term plan for nurturing them so that you know what has been done and what needs doing next
2 - Enable a centralised record of all emails / meeting notes / phone conversation records from everyone in the agency with these key prospects so that at any point in time anyone can see what has been said, when, by who, to whom. Then they can ‘take up’ the conversation from where it last left off
3 - if the ‘conversation’ is ongoing, you stand the best possible chance of being in on the early discussions about a repitch. Hell, if you are trusted you might even get to write the scoping document!
4 - the whole agency must work as a single team. This means that creative, suits and biz dev all need to be part of the process of wooing a new client. The client sees the agency as a unit working together in the best possible way. Many layers of conversation drive a web of relationships proving a stronger proposition that can eventually turn into a strong client:agency working relationship.
5 - an ongoing telephone contact campaign needs to be part of the overall strategy. Human voice and learning are more urgent, persuasive and insightful than email or letter can ever be.
6 - closed loop marketing means that all the internal processes need to be well-known and integrated. Whether automatic or manual, electronic or paper-based they are the foundation of your successful long term biz dev.