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You are here: Home > Business > Marketing > B2B Marketing Accountability: 5 Ways To Prove Your B2B Marketing Efforts Are Paying Off |
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Add You - B2B Marketing Accountability: 5 Ways To Prove Your B2B Marketing Efforts Are Paying Off
Magic Words: What Words are Music to the Ears of Your Customers b>Let's face it, some words have magical powers. Just as "Open Sesame" magically opens the door to a new world, so too can other words and phrases have similar effects on your customers and clients. This month we look at the power of words to create trust, allegiance and commitment in our customers and clients. Opening the Doors to Success Sometimes it’s the pleasant words we hear as doors are opening, that make a difference to customers. For Nancy Graham o I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came Keeping Valued Employees: Why Terminate When You Can Turnaround Your boss wants to see evidence that the money and resources invested in the company's business-to-business marketing activities are really paying off. You start to sweat.When the once-successful, top-flight executive loses momentum and no longer performs to potential, the questions to be asked are "Why?" and "What now?" As the once-effective manager begins to flounder or derail, these very same questions must be considered.Statistics show that a full third of senior executives ultimately fail. Often the unseen causes stem from psychological blind spots, areas of weakness that others can see all too clearly. Chances are good that you've got Relax. It is surprisingly easy to prove that B2B marketing is contributing to your company's bottom line. Here's how. Show the relationship between your marketing and your revenue Start by looking for sales and revenue that can be linked to marketing activities. Simply compare lists of new customers or invoices to companies or prospects in your marketing database and look for matches. You don't have to find every sale that resulted from your marketing activities. Sometimes all it takes is one big sale to justify a campaign. If sales haven't closed yet, count the number of qualified leads and use estimated conversion rates and average sales size to quickly determine the sales potential of those leads. Or look at the forecasted sales in the company's CRM system and compare them to the database of prospects, inquiries or qualified leads. You can also send "Did you buy?" surveys to inquirers and qualified leads, using their answers to show that the prospects being targeted by your marketing are buying from you or the competition. Ask if they bought, and if so, from whom. Ask why and how much they spent. If your sample size is large enough, you can also use the answers you receive to estimate the number of sales and the amount of revenue that are represented by all the inquiries and leads you've generated. Show how much you saved the company Just give it some thought and you'll probably come up with a list of things you've done to save your company money or time. For example: - Printing and postage savings after cleaning the mailing list or delivering the company newsletter by e-mail. - Savings accomplished by offering electronic versions of literature. - The money you saved by eliminating non-productive marketing activities - Time and money saved by automating the capture of Web forms and eliminating some manual data entry. Show other ways your marketing is more effective This can range from showing how many more prospects you reached with your marketing messages to indicating the improvements that have been made in cost per impression, cost per inquiry, cost per attendee or cost per qualified lead. List all the marketing projects your marketing team completed Marketers often don't think about their own productivity when justifying the money the company invests in marketing. Unfortunately, people quickly forget what happened last month or last quarter. Or they simply have no idea what's involved in creating a mailing or designing a new Web site. Pointing out the number of marketing projects completed, and all the work steps involved, can be a real eye-opener to others who are completely unaware. Always be ready to make your case I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came How Freight Factoring Can Help Trucking and Logistics Companies aven't closed yet, count the number of qualified leads and use estimated conversion rates and average sales size to quickly determine the sales potential of those leads. Or look at the forecasted sales in the company's CRM system and compare them to the database of prospects, inquiries or qualified leads.Owning a trucking company or logistics company (freight brokerage) can be very profitable. At the same time, transportation companies tend to be cash hungry. There are fuel expenses, employee expenses, operator expenses, repair expenses and many other expenses that need to be paid quickly. However, most customers don’t offer quick-pays and usually pay their freight bills in 30 to 60 days.This creates a major challenge. Why? You have expenses that need to be paid quickly and cu You can also send "Did you buy?" surveys to inquirers and qualified leads, using their answers to show that the prospects being targeted by your marketing are buying from you or the competition. Ask if they bought, and if so, from whom. Ask why and how much they spent. If your sample size is large enough, you can also use the answers you receive to estimate the number of sales and the amount of revenue that are represented by all the inquiries and leads you've generated. Show how much you saved the company Just give it some thought and you'll probably come up with a list of things you've done to save your company money or time. For example: - Printing and postage savings after cleaning the mailing list or delivering the company newsletter by e-mail. - Savings accomplished by offering electronic versions of literature. - The money you saved by eliminating non-productive marketing activities - Time and money saved by automating the capture of Web forms and eliminating some manual data entry. Show other ways your marketing is more effective This can range from showing how many more prospects you reached with your marketing messages to indicating the improvements that have been made in cost per impression, cost per inquiry, cost per attendee or cost per qualified lead. List all the marketing projects your marketing team completed Marketers often don't think about their own productivity when justifying the money the company invests in marketing. Unfortunately, people quickly forget what happened last month or last quarter. Or they simply have no idea what's involved in creating a mailing or designing a new Web site. Pointing out the number of marketing projects completed, and all the work steps involved, can be a real eye-opener to others who are completely unaware. Always be ready to make your case I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came Who Drives You Up The Wall? all the inquiries and leads you've generated.Is there someone where you work who absolutely, totally, and unequivocally drives you up the wall? Do you sometimes feel like climbing the wall all by yourself as the quickest way to escape? If you are saying Yes! Yes! Yes! you have had first-hand experience with "The Frustration Factor," up close and personal.The players of the world are alive and well and ready to drive you up the wall. Some are aggressive, some passive; some are extroverts and others introverts. Whatever th Show how much you saved the company Just give it some thought and you'll probably come up with a list of things you've done to save your company money or time. For example: - Printing and postage savings after cleaning the mailing list or delivering the company newsletter by e-mail. - Savings accomplished by offering electronic versions of literature. - The money you saved by eliminating non-productive marketing activities - Time and money saved by automating the capture of Web forms and eliminating some manual data entry. Show other ways your marketing is more effective This can range from showing how many more prospects you reached with your marketing messages to indicating the improvements that have been made in cost per impression, cost per inquiry, cost per attendee or cost per qualified lead. List all the marketing projects your marketing team completed Marketers often don't think about their own productivity when justifying the money the company invests in marketing. Unfortunately, people quickly forget what happened last month or last quarter. Or they simply have no idea what's involved in creating a mailing or designing a new Web site. Pointing out the number of marketing projects completed, and all the work steps involved, can be a real eye-opener to others who are completely unaware. Always be ready to make your case I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came Atlanta Employment Agency with your marketing messages to indicating the improvements that have been made in cost per impression, cost per inquiry, cost per attendee or cost per qualified lead.Atlanta Employment Agencies are professional recruiting agencies, which are approached both by clients, such as big business firms, organizations and the candidates in search of job.Employment agencies, which are highly professional in approach and selection of candidates for different job openings, are better to be relied on if and when an employer needs a professional candidate or a job aspirant needs a dream job. Employment agencies, in Atlanta or elsewhere, concentrate onl List all the marketing projects your marketing team completed Marketers often don't think about their own productivity when justifying the money the company invests in marketing. Unfortunately, people quickly forget what happened last month or last quarter. Or they simply have no idea what's involved in creating a mailing or designing a new Web site. Pointing out the number of marketing projects completed, and all the work steps involved, can be a real eye-opener to others who are completely unaware. Always be ready to make your case I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came Learn Marketing in the Truck Stop John b>Interstate travel by car continues to evolve as the major truck stops have morphed into multi use convenience stops.Pull you car in to one of these Interstate Stores and you find a multitude of gas pumps for cars, completely separate from the 4 acres of parking for the big rigs.Inside, you might find a franchised fast food outlet (McDonald’s, Subway, Burger King, Popeye etc) Some have more than one. Plus cooler after cooler of soft drinks and exotic elixirs. Plus, the I recommend that you block out a couple of hours to create your business-to-business marketing accountability reports every month so you'll always have up-to-date results at your fingertips. If you're pressed for time, use an intern or temp to do it for you. Your results may vary, but consider this ... A marketer I know recently reported to her management that awareness of their company and products among target prospects more than doubled, the cost per qualified lead delivered to sales by marketing dropped by nearly 40 percent, 58 percent of the opportunities in the sales pipeline were found first by marketing, and 48 percent of the sales closed and 62 percent of the revenue during the past 12 months came from marketing-generated leads. The result? She received a bigger marketing budget and senior management executives no longer doubt marketing's contribution to the company's success.
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