Domino Theory's Marketing Blog

Inbound Marketing Doesn't Work!

Posted by jon yoffie

 

"Inbound doesn't work if I still need to do outbound marketing, too," said my frustrated client. "When are people going to start calling to hire me?"

True story.

 

Inbound marketing Doesn't WorkA business associate had referred this client to us. He wanted to hire us today, and we made the mistake of not going through our typical vetting and goal setting process. We're confident in our abilities, took a look at his then current inbound marketing numbers and had no doubt we could improve upon them.

Within 3 months the following improvements were logged:

  • Site traffic up 400% to over 3400 monthly visitors
  • Inbound leads up 500% from 9 to 44 per month
  • Lead nurturing list built to over 300 prospects
  • Social media reach up 300% and Twitter followers doubled to over 1,000
  • Landing page conversions at high as 40%
  • Blog subscribers built from zero to 28
  • Guest blogging in place at one of the highest trafficked sites in his market

And we were fired. 

So, what went wrong?

First, we made the mistake of not agreeing upon objectives and strategies to reach them. We were brought in as a middle reliever. We picked up the ball, and started making outs. What the customer really wanted, though, was a closer. 

We should have known when the client first asked, "How long before people start calling to hire me?" What we didn't know is that in our short three month tenure, the client wouldn't once research a prospect we'd generated and pick up the phone or craft a specific email to further sell his service.

Despite our suggestions, the client didn't get involved in targeted LinkedIn Groups, converse via Twitter, or become part of the Google+ Communities where we shared his content. His social media efforts, beyond content sharing, were anything but inbound!

This experience illustrates the disconnect and dissatisfaction that many have when it comes to Inbound Marketing. "If I do inbound marketing, why do I still need to sell?"

Inbound marketing is not a panacea. There is no "Easy Button." It requires a sales process to close the loop.

Click me

Bigger companies with dedicated sales teams understand this. Their salespeople champ at the bit to get thier hands on the latest leads because they know these leads have self-qualified based on the lead scoring criteria we've put in place.

Smaller companies that that have a sales culture also understand. They know there is no replacement for personal contact.

But for the company that thinks they can sit back and expect the phone to start ringing, there's no question, Inbound Marketing doesn't work.

Tags: Sales, Lead Conversion, Inbound marketing

Get Marketing Synced with Sales

Posted by jon yoffie

You make money is by turning prospects into customers and customers into repeat and bigger customers.

Clearly, your sales team is the heart of this effort, or is it?

If your strategy for converting leads means handing them off to the sales team, then yes, that team needs to convert. But, if your marketing and sales teams work together to identify where prospects fall in their buying cycle, then you have a big leg up!

Get Marketing Synced with Sales

Assigning a salesperson to close a prospect while the prospect is in information gathering mode is likely to backfire. Think about all the times a retail salesperson has asked if you need help and you've responded, "I'm just looking."  Were you just looking, or were you really just trying to avoid dealing with a salesperson because you weren't yet ready to buy? The same happens all the time in business!

What if the salesperson instead said, "All of our sales items are over there," and left it at that? You'd probably head over to the sales items, relieved that the salesperson isn't on your tail!

You need to think of your leads in the same way. Most are perfectly capable of finding you when they are ready to buy, but they might not know where to find the information they are looking for while they are moving through their buying process. It's your job to help them find it!

This is where the link between sales and marketing becomes crucial. The most important thing a salesperson can do to help nurture an early-stage prospect is to connect that prospect with informational, non-salesy, content. Help the prospect through the education phase, turning your company from a veder into a resource!

Marketing needs to keep sales stocked with white papers, case studies, research data, and other information that stretches the arsenal beyond features, benefits, and pricing. Marketing also needs to thave turn=key lead nurturing campaigns ready to go for each product or service you offer

Sales needs a way to plug prospects into automated, lead-nurturing email campaigns without having to involve the marketing team at every step. 

One of the best ways we've found to do this is through the implementation of HubSpot marketing software. We use it to create multiple lead nurtuting campaigns, and pull leads through their buying process. We know what information our customers generally need as they make buying decisions.

HubSpot allows us to deliver information pro-actively, in a pre-determined order, on a pre-determined schedule, all the while keeping track of the actions our prospects are taking with the information. After we have helped buyers get through the information gethering stage, a sales rep is then flagged to reac out directly on the phone to see if there is more information the prospect needs.

This process keeps our sales and marketing synced, and most importantly, keeps us from trying to close sales before the buyer is ready to buy.


 

Tags: leads, HubSpot, Marketing, Sales, Lead Conversion

Follow Me

Get Domino Theory in Your Inbox!

Let's Get Growing! Get a FREE Marketing Consultation.

FREE 2013 Inbound Marketing Report

2013 State of Inbound Marketing

Download the FREE Guide!

Click me

Click to Get More Leads!

Click me