4 Ways to Feed Your B2B Sales Funnel in 2018
by Emily Swet
Few things are worse for B2B business growth than a stalled out sales funnel. Even though your company may be using the same funnel-feeding tactics as before, what once worked may not be as successful now. To keep it going strong, we’ve compiled four ways to feed your B2B sales funnel in 2018.
1. Align Sales and Marketing Teams
Sometimes sales and marketing teams clash, despite having the same end goal. And this misalignment can lead to staggering losses. To get everyone on the same page, start facilitating communication between the two groups. Ask marketing to sit in on sales calls. Encourage sales to share their customer details with marketing. And encourage uniformity with constant updates between both departments. (Get more tips on sales and marketing collaboration here).
2. Consider Predictive Lead Scoring
Predictive lead scoring is a scoring methodology that leverages historical data and predictive analytics. It takes the data from successful leads (ones that you have won) and adds digital footprints from third-party sources to pool as much data as possible. By crunching the numbers, predictive lead scoring can identify patterns or relationships you’ve never seen before. It also aids in aligning your sales and marketing teams (see above) by providing data-backed reasoning behind lead qualifications. And last but not least, it reduces the margin of error in traditional lead scoring.
3. Don’t Forget the Mid-Funnel
Most marketing and sales teams focus on the top (lead quantity) and the bottom (the percentage of leads closed) of the sales funnel. However, when the middle is unattended to, the information and goals get murky. You could be losing leads without knowing why. To clear this up, ask: how many touches does the average lead need before they move to the next stage? Where do your leads seem to leak out? What is the difference between the ones that leave and the ones that move on? Diagnosing and addressing the issues mid-funnel will have a big impact on your results.
4. Use Video
We’ve made it clear in past blogs how important video has become. You can use it throughout your funnel to keep moving prospects to the bottom. To attract leads at the top, consider how-to’s, thought leadership videos, and any content that showcases your brand’s personality or authenticity. As your leads move to decision mode, product demos, client testimonials, and video case studies can be very compelling. Close the deal with nurture videos, FAQ’s, and instructional videos – and be sure each has a strong CTA (like signing up for a demo or webinar).
No matter what, it’s essential to keep the customer at the center of each stage. Every small fix you can make will help produce better results, and help grow your leads as well as your revenue.
Tags: B2B lead generation, B2B marketing, B2B marketing strategy, b2b sales funnel