In B2B Direct Mail Lead Generation, Work Backwards
Business-to-business lead generation is one of the few times in
life when you should start at the end and work backwards.
Before you write a single line of copy or design a single
element of your direct mail package, sit down with the sales
people who close the sales. Find out when and how they get
prospects to sign on the line that is dotted, and work backwards
from there to discover what you need to do to capture the
attention of these prospects in the first place and get them
into your sales funnel.
Here are some questions to ask the sales team:
- What makes a prospect buy? (Is it price? terms?
guarantee? after-sales service? quality?)
- What customer
objections will endanger a sale?
How do salespeople
overcome these objections? - Do prospects need a lot of
information before making a decision?
I am assuming
that your clients' B2B buying process (and your sales process)
consists of more than a few steps. Usually, it looks something
like this:
- Identify need
- Gather information on solutions
- Establish specifications
- Request proposals
or quotations
- Interview top suppliers
- Make
short list of suppliers
- Check references
- Test sample or demo product
- Select supplier
- Negotiate terms and price
- Sign contract
- Make first purchase
- Evaluate performance
- Make repeat purchases
- Remain loyal to valued,
long-term supplier
- Drop supplier and start over
again
Your goal with every direct mail lead
generation mailing is to figure out where prospects are in their
buying cycle and to target them there. The thing to remember in
all of this is that your goal in a multi- step, complex buying
process is not to close the sale but to move the prospect to the
next stage. Here are some ideas:
If prospects are at the needs-identification stage, offer them a
white paper or similar document that describes the customer
problem that your product or service solves.
If prospects are gathering information on solutions, offer them
a series of case studies or success stories that demonstrate why
your solution is superior.
If your sale involves many stakeholders, consider mailing a
different direct mail package to each person who influences the
buying decision. In complex high- tech sales, for example, you
can target the CIO (offer ROI benefits), the CFO (offer
cost-cutting benefits) and the IT manager (offer scalability and
ease of integration benefits).
In many B2B lead generation efforts, you will need to mail or
contact leads more than once before you generate a response and
have a chance to qualify them. That's why starting at the end
makes such good sense. You'll know how many steps you need to
take to reach the sale, and how many times you need to mail each
prospect (and what to mail) to turn them into a customer.