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The Power of One-to-One
How to combine
Direct Mail, Email and Telemarketing
in the B2B sales process
Bob McCarthy
McCarthy & King Marketing
event hashtag #NEDMAInno14
McCarthyandKing.com 508-473-8643
One Funnel Marketing
McCarthyandKing.com 508-473-8643
“…chasing smokestacks…”
McCarthyandKing.com 508-473-8643
Selling through the years
• Face to Face
• Face to Face with Telephone
• Face to Face with Telephone & Direct Mail
• Face to face with Telephone, Direct Mail & Email
McCarthyandKing.com 508-473-8643
Change your mindset
• Think system, not campaign
• Support the sales process
• Ignore the end game - focus on immediate goal
• Be open to all the channels
McCarthyandKing.com 508-473-8643
The way things are …
Direct Mail
vs.
Email
vs.
Telemarketing
McCarthyandKing.com 508-473-8643
The way things should be …
Direct Mail
+
Email
+
Telemarketing
McCarthyandKing.com 508-473-8643
Direct Mail
McCarthyandKing.com 508-473-8643
PLUS …
• Tangible and engaging
• Sticks around and gets passed around
• Penetration: 90-95% deliverable
• Lists are relatively low cost (10-25 cents)
MINUS …
• More complex to prepare and deliver
• More steps needed for reply
• Cost: 50 cents - $1 per contact
• DIY – printing, postage plus list costs
Email
PLUS …
Easy to prepare and deliver
Easy to click through for reply
Fast delivery and reply
MINUS …
• Easy to discard or ignore
• Penetration: Large percent is never delivered or seen
• Lists are expensive ($1) and restrictive
• Cost: 1-10 cents per contact
• DIY – free plus list costs
McCarthyandKing.com 508-473-8643
Telemarketing
McCarthyandKing.com 508-473-8643
PLUS …
• Direct and interactive
• Easy to shift direction
• Difficult to discard or ignore
MINUS …
• Penetration: few completed calls, many voice mails
• List costs are higher than DM, limited availability
• Cost: $3 - $5 per contact
• DIY – free plus list costs
It starts with your list
Third Party Lists
Vs.
Your House Lists
McCarthyandKing.com 508-473-8643
Mapping your Sales Process
McCarthyandKing.com 508-473-8643
Cold Calling
“I hate cold calling”
“I would never cold call”
“Cold calling sucks”
“Cold calling doesn’t work”
“Cold calling is a waste of time”
“Cold calling makes me look desperate”
McCarthyandKing.com 508-473-8643
Cold Calling
One-to-One Lead Generation
IS
Cold Calling
• Cold Visits
• Cold Phone Calling
• Cold Direct Mail
• Cold Email
McCarthyandKing.com 508-473-8643
Step 1 – Lead Generation
• The goal - to identify a potential customer – NOT TO
SELL
• Go beyond what you already know from your list
selection
• Determine need, interest, budget, timing
• Verify contact names
McCarthyandKing.com 508-473-8643
Step 1 - Lead Generation
Lead Generation Options
• Direct Mail
• Email
• Telephone (for small universe size)
Also …
• Advertising (online and offline)
• Paid Search
• Website/SEO (inbound marketing)
• Trade Shows
• Public Relations
McCarthyandKing.com 508-473-8643
Step 1 – Lead Generation
Should you ever use
the telephone for lead generation?
Absolutely, when you have a small universe
But you’re not calling to sell. You’re calling
• to introduce yourself
• to identify a need or an interest
• to get the sales process rolling
Then move directly to Step 4 – Lead Nurturing
McCarthyandKing.com 508-473-8643
Step 1 – Lead Generation
Multi-Touch Lead Generation
Is there any value to
sending Direct Mail or Email
before your Telemarketing call?
McCarthyandKing.com 508-473-8643
Step 1 – Lead Generation
How to measure your results
For channels that produce a sufficient number of leads,
compare:
• Cost per Lead
• Cost per Qualified Lead (may need to wait until Step 3)
McCarthyandKing.com 508-473-8643
Step 2 – Lead Capture
All roads
(from all sources)
lead to your Landing Page
But don’t ignore:
Reply mail
Reply telephone
Reply fax
McCarthyandKing.com 508-473-8643
Step 3 – Lead Qualification
Use the telephone to …
• Dig deeper into each lead with a qualifying survey
• Ask about:
• Interest level
• Timetable
• Budget
• Decision-making process
• Prioritize leads according to sales potential and timetable
McCarthyandKing.com 508-473-8643
Step 4 - Lead Nurturing
Email is King
Email is a game-changer for lead nurturing
• It’s easy, cheap and can be automated
• Frequency is important – don’t let them forget you
• Push for engagements – downloads, webinars, demos
• Show your expertise and build your reputation
Direct Mail still works with postcards
McCarthyandKing.com 508-473-8643
Step 5 – Lead Engagement
Enter Your Sales Team
• Combine one-to-one tools with face to face
• Establish benchmark for sales-ready leads
• Integrate sales activity with nurturing activities
McCarthyandKing.com 508-473-8643
In Summary
Typical Sales Process
• Step 1 Lead Generation – direct mail, email & other
• Step 2 Lead Capture – landing page
• Step 3 Lead Qualification – telephone
• Step 4 Lead Nurturing – email
• Step 5 Lead Engagement – sales (face to face)
McCarthyandKing.com 508-473-8643
Thank You
McCarthyandKing.com 508-473-8643

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NEDMAInno14: The Power of One-to-One - Bob McCarthy

  • 1. The Power of One-to-One How to combine Direct Mail, Email and Telemarketing in the B2B sales process Bob McCarthy McCarthy & King Marketing event hashtag #NEDMAInno14 McCarthyandKing.com 508-473-8643
  • 4. Selling through the years • Face to Face • Face to Face with Telephone • Face to Face with Telephone & Direct Mail • Face to face with Telephone, Direct Mail & Email McCarthyandKing.com 508-473-8643
  • 5. Change your mindset • Think system, not campaign • Support the sales process • Ignore the end game - focus on immediate goal • Be open to all the channels McCarthyandKing.com 508-473-8643
  • 6. The way things are … Direct Mail vs. Email vs. Telemarketing McCarthyandKing.com 508-473-8643
  • 7. The way things should be … Direct Mail + Email + Telemarketing McCarthyandKing.com 508-473-8643
  • 8. Direct Mail McCarthyandKing.com 508-473-8643 PLUS … • Tangible and engaging • Sticks around and gets passed around • Penetration: 90-95% deliverable • Lists are relatively low cost (10-25 cents) MINUS … • More complex to prepare and deliver • More steps needed for reply • Cost: 50 cents - $1 per contact • DIY – printing, postage plus list costs
  • 9. Email PLUS … Easy to prepare and deliver Easy to click through for reply Fast delivery and reply MINUS … • Easy to discard or ignore • Penetration: Large percent is never delivered or seen • Lists are expensive ($1) and restrictive • Cost: 1-10 cents per contact • DIY – free plus list costs McCarthyandKing.com 508-473-8643
  • 10. Telemarketing McCarthyandKing.com 508-473-8643 PLUS … • Direct and interactive • Easy to shift direction • Difficult to discard or ignore MINUS … • Penetration: few completed calls, many voice mails • List costs are higher than DM, limited availability • Cost: $3 - $5 per contact • DIY – free plus list costs
  • 11. It starts with your list Third Party Lists Vs. Your House Lists McCarthyandKing.com 508-473-8643
  • 12. Mapping your Sales Process McCarthyandKing.com 508-473-8643
  • 13. Cold Calling “I hate cold calling” “I would never cold call” “Cold calling sucks” “Cold calling doesn’t work” “Cold calling is a waste of time” “Cold calling makes me look desperate” McCarthyandKing.com 508-473-8643
  • 14. Cold Calling One-to-One Lead Generation IS Cold Calling • Cold Visits • Cold Phone Calling • Cold Direct Mail • Cold Email McCarthyandKing.com 508-473-8643
  • 15. Step 1 – Lead Generation • The goal - to identify a potential customer – NOT TO SELL • Go beyond what you already know from your list selection • Determine need, interest, budget, timing • Verify contact names McCarthyandKing.com 508-473-8643
  • 16. Step 1 - Lead Generation Lead Generation Options • Direct Mail • Email • Telephone (for small universe size) Also … • Advertising (online and offline) • Paid Search • Website/SEO (inbound marketing) • Trade Shows • Public Relations McCarthyandKing.com 508-473-8643
  • 17. Step 1 – Lead Generation Should you ever use the telephone for lead generation? Absolutely, when you have a small universe But you’re not calling to sell. You’re calling • to introduce yourself • to identify a need or an interest • to get the sales process rolling Then move directly to Step 4 – Lead Nurturing McCarthyandKing.com 508-473-8643
  • 18. Step 1 – Lead Generation Multi-Touch Lead Generation Is there any value to sending Direct Mail or Email before your Telemarketing call? McCarthyandKing.com 508-473-8643
  • 19. Step 1 – Lead Generation How to measure your results For channels that produce a sufficient number of leads, compare: • Cost per Lead • Cost per Qualified Lead (may need to wait until Step 3) McCarthyandKing.com 508-473-8643
  • 20. Step 2 – Lead Capture All roads (from all sources) lead to your Landing Page But don’t ignore: Reply mail Reply telephone Reply fax McCarthyandKing.com 508-473-8643
  • 21. Step 3 – Lead Qualification Use the telephone to … • Dig deeper into each lead with a qualifying survey • Ask about: • Interest level • Timetable • Budget • Decision-making process • Prioritize leads according to sales potential and timetable McCarthyandKing.com 508-473-8643
  • 22. Step 4 - Lead Nurturing Email is King Email is a game-changer for lead nurturing • It’s easy, cheap and can be automated • Frequency is important – don’t let them forget you • Push for engagements – downloads, webinars, demos • Show your expertise and build your reputation Direct Mail still works with postcards McCarthyandKing.com 508-473-8643
  • 23. Step 5 – Lead Engagement Enter Your Sales Team • Combine one-to-one tools with face to face • Establish benchmark for sales-ready leads • Integrate sales activity with nurturing activities McCarthyandKing.com 508-473-8643
  • 24. In Summary Typical Sales Process • Step 1 Lead Generation – direct mail, email & other • Step 2 Lead Capture – landing page • Step 3 Lead Qualification – telephone • Step 4 Lead Nurturing – email • Step 5 Lead Engagement – sales (face to face) McCarthyandKing.com 508-473-8643