Latest Updates, Trends and Topics
This year, it’s time for your business to start thinking about the sales strategies that will help them succeed in 2024. While it’s important to continually adapt and adjust your sales strategy to fit the needs of your business and your market, there are some tried and true tactics that have been on the rise for B2B businesses everywhere.
Here are our top trending B2B sales strategies to try implementing in the coming year.
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Did you know that 68% of businesses struggle with B2B lead generation? That means there are a lot of businesses that don’t have an optimized lead generation strategy. Learning new ways to generate leads for your B2B business is always a top priority so let’s explore those ideas.
Luckily, there are a few tried and true methods for generating leads in the B2B world. If you want to learn the best ways to generate leads for your business, try using one or more of these winning strategies.
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B2B appointment setting is a vital tactic for seeing growth in your business. In 2022, there were more than 33.2 million business owners in the US. And each year, thousands of more businesses are born. However, to succeed as a business owner, you need to get the word out, set up sales meetings, and close deals. You either need to get good at sales yourself, or hire a competent salesperson with business to business (B2B) sales skills necessary!
This is where your appointment setting skills come into play. Businesses like MarketReach have expert appointment setters who can help you build your business – but if you’re going to try to do this yourself, there’s a few things you’ll need to know:
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The new year always brings a fresh start, new ideas, new strategies and hopefully, new sales. Now is the perfect opportunity to revamp your company’s B2B sales and marketing plan. This article will show you how any company can improve its sales in the upcoming year, despite the challenges that may come along the way. Consider these sales tips for 2024:
Get started by evaluating your company’s prospect list. Identify your most qualified business opportunities. Take some time to reconstruct your target market and focus your attention on them – particularly, your Top 100. It’s important to requalify your list to be sure you have the most practical targets during this time. Refine your list by deciding what factors make for the best segment to target. (more…)
If you rely on B2B lead generation as a business then you’re not alone. 85% of businesses engaging in B2B marketing say that lead generation is their top goal with content marketing.
Simply put, B2B lead generation is important.
There is no end to the list of strategies available to business owners to get more leads. From visiting trade shows, to leveraging digital marketing, and even buying leads – it can be hard to sort through all of your options to choose the best combination for you.
There is an art and a science to generating high-quality leads that will eventually convert into clients. Whether you choose to generate leads from social, trade shows, or other methods, here are a few B2B lead generation tips to help you pump up your efforts.
To start, let’s talk about buying contact lists:
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Not all prospects are created equal. In B2B, staff size minimums, decision-maker titles and names can be a baseline of data points that require confirmation to determine if the company is worth pursuing. The goal is to confirm and validate information on that first call.
The ability to quickly develop initial rapport during a qualification call can lead to more successful sales opportunities as the process moves along. Being able to create a comfortable environment for conversation, where the guard goes down, will allow for results to be achieved. Finding out information about a potential target before they answer the phone, is vital. It determines whether or not a company is eligible to pursue, resulting in the proper allocation of sales team labor. It is very expensive for marketing to produce unqualified prospects, and then for the sales team to not recognize this until weeks of time and energy were expended chasing the wrong people or companies! Let’s take a look into how to identify a pursuable prospect, and then how rapport is built throughout the interaction.
If you are a B2B business, you rely on making meaningful connections with other businesses to sell your product or service. When it comes to connecting with real people, there is nothing that works quite as well as a phone call. That’s why B2B telemarketing is the best way to get a prospect to move into and through your sales funnel.
Even still, telemarketing is getting harder every year. In 2007, it took an average of 3.68 calls to reach a high-ticket prospect. Now, it takes around 8 calls on average before you can connect with the prospect.
Getting your highest-priority prospects on the phone is a must. That’s why you need to make sure your B2B telemarketing strategy and execution are top-notch.
In this article, we’ll show you how to set yourself up for success in the world of B2B telemarketing.
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Now is the perfect time to think about how your company can use social media as a tool to increase sales. Whether your company has been experimenting with social media for years, or is more recently diving in, a few things are for sure – social media can help you reach the prospects you are looking for, drive web traffic and, ultimately, generate more sales. Consider using these tips to improve your social media marketing strategy: (more…)
When you run a B2B business, your telemarketing can (and should) look different from other run-of-the-mill telemarketing operations.
You need every call to drive a deeper relationship with your prospects. You need your leads to not just agree to set a sales appointment – but you need them to WANT to set up a sales appointment.
Sales appointment setting through telemarketing can be a daunting task, so we’ve compiled a how-to guide to help you get started!
Let’s dive in-
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It is safe to say that one of the best marketing tools to help seal the deal are testimonials and reviews. People want to hear about the good and the bad and, truthfully, anything you see on a company’s website will always come with some bias. Hearing from past clients or customers is a good way to decide whether the product or service will be the right fit. Ultimately, there are many benefits – for both your prospects and your company – that come with sharing testimonials and reviews. Some of these benefits include:
Testimonials and reviews can increase trust
According to Big Commerce, 72% of consumers say positive testimonials and reviews increase their trust in a business. Potential customers may be more willing to use your product or service if they see that your company is being transparent and honest with them. While other tools, like case studies, can also be helpful in attracting customers, they are often written by the company. According to a 2017 survey of 250 B2B Buyers conducted by TrustRadius, “most buyers think both case studies and reviews have their place in the research process, and see the two forms of social proof as serving different purposes.” As seen in the chart below, B2B buyers consider testimonials and reviews to be significantly more authentic and trustworthy than case studies.
However, in a B2B telemarketing call, a 2 – 4 sentence case study is a fantastic way to verbally demonstrate the Problem-Solution-Outcome that the customer experienced by going with your firm. It adds to the credibility of your presentation and puts the prospect in the shoes of your customer and allows them to visualize the advantages realized.
They can generate more revenue
And revenue is the name of the game right? According to Big Commerce, every time a consumer interacts with your review, they generate 62% more revenue per site visitor. Similarly, consumers that interact with reviews are 58% more likely to convert and buy. This is most likely due to the increase in trust that testimonials and reviews also bring. With evidence that testimonials help in increasing revenue, it is almost a “no-brainer” to include them on your website. People are interested in hearing about what others have to say about your company, product, or service. Even if reviews brought in just a few new customers a year, it would be well worth it.
They can drive web traffic and improve SEO
Surprisingly enough, testimonials and reviews can drive a lot of new web traffic and improve your SEO. The goal of SEO is to deliver users, not only the information they are looking for, but also the most helpful information possible. Using bots, search engines crawl the internet looking for the most relevant information and then rank webpages based on this information. According to data collected by Yotpo, “websites using testimonials saw a 45% increase in traffic compared to those who didn’t.” So why do testimonials and reviews rank so well? Ultimately, search engine bots are looking for content that is new, interesting, and can’t be found anywhere else. User-generated content, like testimonials, are perfect for this reason. The graph below illustrates how using testimonials and reviews can impact the traffic on your company’s webpage.
The benefits that come with sharing testimonials and reviews are undeniable. Your customers will consider your company to be more trustworthy because you are sharing authentic messages, rather than biased ones. With so many people turning to the internet to help them make buying decisions, it is important that they can find information that they can trust online. Convert prospects that may e Once you increase trust, you will likely be able to generate more revenue because people are more likely to convert and buy after reading testimonials and reviews. Lastly, if your company has been struggling to bring traffic to your website, testimonials may be the key. Search engines are looking for unique content and testimonials are the perfect way to include content on your website that does not exist anywhere else on the web. When developing or adjusting your company’s content marketing strategy, adding testimonials and reviews may not be top-of-mind, but given the benefits it can bring to both your customer and your company, you may want to consider it as a part of your future content strategy.
