How to Get Better Quality Leads and Increase Revenue with Marketing Automation

How to Get Better Quality Leads and Increase Revenue with Marketing Automation

How to Get Better Quality Leads and Increase Revenue with Marketing Automation

Marketing automation is a crucial element of most marketers’ overall strategies. It streamlines lead generation, automates lead nurturing, improves personalization, accelerates sales, and replaces guesswork with analytics.

“Companies that excel at lead nurturing generate 50% more sales-ready leads at 33% lower cost.” — Forrester Research

Addressing Business Needs

As more businesses embrace marketing automation, vendors are responding with new and improved capabilities to provide desired results at reasonable costs. A good marketing automation system should include these features:

1. Scoring and Tagging

Scoring and tagging will help increase your knowledge of your prospects and customers, as it analyzes their preferences and activities. It’s a great way to create a more comprehensive customer profile and a perfect automation workflow. It’s best if marketing and sales establish scores and tags together to determine marketing qualified leads, sales qualified leads, and how and when to hand off leads to sales.

2. Tracking Website Traffic

Tracking website traffic increases your prospect and customer conversion and engagement. It allows you to understand the interests and behaviors of your subscribers in terms of what pages they visited and what actions they took. You’ll then be able to evaluate your website pages with the highest traffic and assign tags or scores to each visit. This is easily accomplished by adding a tracking code, provided by your Marketing Automation platform, to your website pages.

3. Creating Campaigns

You can design custom landing pages and emails that can be personalized and sent in automated campaigns at set intervals or triggered by a visitor behavior to capture and nurture leads, and/or encourage a transaction.

To get a jump start, create an onboarding program, engagement program, and retention program. To see examples, check out these articles:

“B2B marketers who have successfully deployed lead nurturing programs average a 20% increase in sales opportunities from nurtured leads versus non-nurtured leads.” — DemandGen

Aligning customer marketing and Marketing Automation strategies can be challenging and time consuming. The right Marketing Automation platform and experienced external resource will streamline and simplify the process, ensuring that your Marketing Automation strategy is on-point, on-budget, implemented properly and optimized for success.

To learn how to best use Marketing Automation to increase ROI, check out this article.

As a recognized Marketing Automation leader for the past decade, we work with firms to help them utilize their marketing technology to increase revenue. To see how we can help you, schedule a no-obligation call or email Lori Berson at lberson@BersonDeanStevens.com.


BersonDeanStevens has been a recognized brand strategy and marketing leader for over 25 years, including over a decade in Marketing Automation. We work in partnership with you to differentiate your brand and achieve your business goals. Client list.

How to Get Better Quality Leads and Increase Revenue with Marketing Automation

How to Increase ROI with Marketing Automation

Automated campaigns deliver 200% higher conversion rates compared to other emails.

 

Automated Campaigns
How to achieve similar returns on your automated marketing initiatives:

1. Targeting

Targeting is no longer a simple matter of demographics. Successful automation combines online behaviors with known information to create a complete picture of:

  • A person’s roles and responsibilities.
  • Specific business pains that need resolution.
  • Their position in the buying process.
  • Any previous interactions with your brand.

This information then helps marketers to craft highly effective messages tailored to the user, increasing the chances of a successful conversion.

2. Engagement

Talking to customers is as old as the sales process itself. In the automated marketing arena, however, the focus has shifted away from your company and its products to the customer’s needs and preferences.

Your customer engages with you when they are ready. Your team needs to know how to handle and act on that information.

Your business needs to collect relevant background data so that when your customer reaches out, you have the correct content with which to engage them. Finely targeted information will help convert that engagement into a sale.

According to Gartner, event-triggered marketing can potentially save 80% of your direct mail budget.

3. Conversion

Having engaged your customers with relevant content, by the time they reach out to your sales team they will have almost certainly already made their purchasing decision.

The marketer’s job now shifts from providing information that informs, to content that enables the customer to make a decision.

This means:

  • Identifying and addressing specific customer pain points.
  • Maintaining contact with leads through their chosen communications channel.
  • Using experience and knowledge gained from previous transactions to assist the customer.

4. Analytics

Each engagement and subsequent conversion yields information that can be recorded and analyzed to yield additional insights and value.

By automatically collecting data at each stage of the customer journey, your marketers can see:

  • Which assets used in a campaign were most effective.
  • Segmented figures to calculate performance according to position, geographic location, company turnover or any other metric you care to consider.
  • Whether certain actions were more effective than others in moving customers along the sales pipeline.

These analytics can then be applied to future campaigns to further increase conversions and return on automation investment.

The data can also be funneled into traditional CRM functions to provide both service and sales teams with a full relationship history to improve customer service.

BtoB research shows that only 21% of marketers say their current tools are even capable of measuring the right things. Furthermore, only 26% believe the data they collect is even accurate.

5. Marketing technology

The magic behind marketing automation technology is the actual infrastructure that turns guidelines and triggers into actions. Technology is responsible for engaging with clients initially, then supplies them with the information they need in a format they choose.

Marketing automation technology should:

  • Complement existing systems to recognize maximum value.
  • Help unify sales and marketing departments for collaborative selling.
  • Assist with achieving revenue goals.
  • Provide you with the tools you need to reach your customers in the ways they choose.

Research from the Aberdeen Group found that marketing automation platform users have a 53% higher conversion rate from marketing response to marketing-qualified lead than non-users.

Remember, marketing automation can help you:

  1. Target – be relevant to your customers and leads.
  2. Engage – provide your leads with the right information, at the right time, at their request.
  3. Convert – close the deal with compelling decision-based content and conversations.
  4. Use analytics – learn from previous experiences to create better campaigns in future and to provide your new client with higher levels of service.
  5. Gain maximum benefit from technology – by using innovative tools to automate the marketing cycle in line with revenue goals.

Take your marketing to the next level. Call us now 877.447.0134.