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B2B sales lead generation gets a boost from chatbots

Filling out an online form is about as exciting as watching paint dry, yet they’re a standard B2B sales lead generation tactic for many B2B businesses. In essence their success depends on the willingness of people to spend time filling in blanks in order to receive something they perceive as valuable, whether that’s an article, a white paper, or an online tutorial.

A more modern and effective inbound marketing alternative is a chatbot. Chatbots boost B2B sales lead generation and they are a quick and easy way to start a conversation with very little effort required from your target.

Bots have been proliferating on websites for not only customer support, but also for sales lead generation.  They are easy to use, and can be entertaining too. Having somebody waiting for you to answer is surprisingly compelling. Without even knowing why, users find themselves slipping down the conversion funnel, quickly getting the information they need without having to look for it. Instead, they are treated to the much more fun experience of a simple interactive conversation.

Chatbots and B2B sales lead generation

Most of us have had a chatbot experience before, but if you haven’t, here’s how it works for B2B sales lead generation.

You head to a website and a chatbot pops up on screen, introducing their virtual self. They should also ask you for your name, so they can continue the conversation in a more personal way. To avoid any confusion, at some point early in the exchange they should clarify that they are not a human, but are in fact a bot.

Using a series of AI-powered questions they get to the heart of the matter, and find out what it is you are looking for. They should be able to get it for you in a nanosecond, after asking for a few more details, like your email address so they can follow up. In some cases they might pass the person along to a real, live human to assist.

This interaction should be as pain-free as possible, so a good script is a must. If you need help writing natural-sounding language, check out any of the numerous tutorials that exist. A few helpful tips include:

  • Keep the messages short
  • Avoid slipping into a monologue
  • The bot shouldn’t post more than three messages in a row before waiting for an answer
  • Leverage GIFs, emojis and videos to up the fun factor

If a customer leaves a conversation, the bot can leverage the information it gathered the last time and use it to personalize the next interaction and continue where they left off.

Don’t let hot sales leads cool down

Having a bot is a great investment for any B2B business with a website, but the follow-up is even more critical. A study showed that the faster the response time, the better the odds of contacting the sales lead. In fact, it found that the odds of making contact with a new lead are extremely high within five minutes but drop off dramatically as the minutes tick by. Specifically a sales rep is 100x less likely to make contact if the first call is made 30 minutes after submission. The goal is to respond immediately and persistently to sales leads.

According to the Harvard Business Review, an audit of companies demonstrated the extremely short life of online leads and found that about half of all online leads were followed up only after 24 hours, or never followed up at all! What may well have been a hot lead may turn into a frosty reception for the salesperson making the call a whole day after the lead, if not later. When you’re paying mightily for each lead, that’s a big, fat waste.

So ensure your sales team reacts to a bot-generated sales lead with just as much speed and enthusiasm as your bot did in the first place. Or, consider your bot all for naught!

Find out how 360 Leads can help your business with a B2B sales lead generation campaign, whether that’s with a chat bot or not. Contact us today!

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A lead generation company with secret powers

Lead generation is the process of converting, and to some extent nurturing, business leads. The question of whether to hire an outside lead generation company is one that confronts many businesses who might otherwise consider doing this in-house. Nurtured leads produce a 20% increase in sales opportunities and businesses who nurture leads make 50% more sales at a lower cost than non-nurtured prospects. It’s not something you want to leave to chance. Hiring a lead generation company can make sense for a B2B business because they are focused solely on lead generation, have valuable industry expertise and can save your team time rather than trying to do this in-house. Here are the biggest reasons to hire someone to do it for you:

A lead generation company talks to the right people

Good lead generation is speaking to the right people at the right time, and it comes down to having the right contacts and the right data. Lead generation companies have access to databases with millions of business contacts covering a range of industries. Data specialists can determine which leads are qualified much more quickly than your own staff could.

They prioritize with lead scoring

An experienced lead generation firm will have proven methodologies that they can put to work on your case. Sales leads scoring is one of these techniques which can save a lot of time by not talking to people who aren’t as likely to convert.

They shorten the sales cycle

By having nurtured business leads sent to you the focus is firmly on selling, and the timeline to do so is much shorter. Time is money, and you will be saving plenty of it by having qualified leads sent directly to you.

They improve your company’s web presence

Many lead generation companies can assist with a blog strategy and SEO, so that potential customers can find you more easily through a web search. Then those prospects can be turned into leads and possible customers.

They can lower your costs

Developing a hiring and training program is costly. Sometimes it makes more sense to hire a company that is specialized and already has the skilled staff. Hiring a company to find leads frees up resources for other tasks. It eliminates the time and effort required to recruit and train staff.

They allow you to focus on your product or service

Whatever area of B2B your business operates in, one thing will ring true: it’s the USP of your company that generates revenue, and it’s the USP that you need to focus on. It’s the asset you possess which can’t be bought elsewhere and where you should focus your staff’s energies and resources. Outsourcing to an agency allows you to do just that.

How to find the right lead generation company

Before choosing an agency, it’s important to do your research. If possible, scan reviews, testimonials, and ask for referrals. Ask your shortlisted candidates questions about their processes, tools, and whether they have their own CRM software that will be able to integrate with your B2B CMS for a seamless experience.

While using a lead generation company will cost you money, it saves your business money too. So, unless you want to pay the true cost of generating your own leads, you’ll be wise to pass on the hidden costs to the experts.

You still have reservations about using an external company for B2B lead generation because you think they’ll take your money and run? That they’ll make a couple of calls and leave it at that? Well, it might surprise you to discover that not only will they deliver results, but they’ll deliver them in a variety of ways. Lead generation companies may specialize in one area, but often they’re multi-faceted experts who can cover all the following services:

• Email marketing
• SEO
• Social media
• Appointment setting
• Event promotion
• Content creation

In the B2B world, an individual sales lead or a sale can be worth a lot, so it’s important to put thought into the customer journey pre- and post-sale. Find out how 360 Leads can create a winning B2B lead generation campaign customized for your company and industry. Contact us today!