Welcome to Idea Exchange, where we share our latest thinking about how marketers of highly engineered products and services can design better interactions along the Buyer Experience Value Chain

IDEA EXCHANGE

Welcome to Idea Exchange, where we share our latest thinking about how marketers of highly engineered products and services can design better interactions along the Buyer Experience Value Chain®. At Quarry, we believe a strong brand is just the beginning — which is why we focus on converting branding to buying.

How does your organization’s lead generation tactics stack up against best-in-class firms?

To reach your business goals, your company requires a steady stream of strong leads linked to an effective sales force. New technologies and techniques are changing the game, so how does your organization compare to other firms?

  • As a guideline, marketing should allocate 65% of its resources to demand generation and 35% to lead nurturing and management.1
  • 83% of companies are expected to adopt marketing automation solutions by 2009-2010.2
  • 70% of leads generated by marketing are never acted on. Top companies mine inquiries to keep sales resources focused on sales-ready leads.3
  • 62% of best-in-class companies are focused on lead scoring and lead prioritization as the top strategy for focusing sales efforts and reducing the sales cycle.4
  • Marketers who shift from demand generation to closed-loop nurturing are two times more productive.5
  • Companies that score and prioritize leads with marketing automation should pass about 5%-15% of all leads generated to sales (only leads qualified as ready to engage in the sales process).6
  • Companies that have achieved marketing and sales alignment are growing 5.4% faster, closing 38% more proposals, and churning 36% fewer customers.7
  • 90% of best-in-class companies are increasing return on their market investment year over year.8

References
1 “Six Principles for Better Demand-Generation Tactics.” B2B Webcast, 2007
2 “Automating Leads to Sales.” Aberdeen Group, 2007
3 “B2B Demand Generation: How Successful Companies are Improving Sales and Marketing Results.” vtrenz, 2007
4 “Automating Leads to Sales.” Aberdeen Group, 2007
5 “B2B Marketers Lack Lead Management Maturity.” Forrester Teleconference, 2006
6 “Six Keys to Lead Generation Success.” MarketingProfs, 2007
7 “Marketing ROI in 2007 – Moving Into the New Era of Marketing.” MarketingProfs, 2006
8 “Success Strategies in Marketing Automation.” Aberdeen Group, 2007

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