"The Web makes it too easy for your competitor to lure away interested buyers before your people have had a chance to contact them," warns Steven Woods in a post at the Harvard Business Review blog. And that reality, he argues, demands some fundamental changes in the B2B sales process.
To support his case, he cites results from a study his firm recently conducted—but first, he asks readers to take a quick quiz:
- Which is the better prospect: (a) a potentially ideal customer who's mildly interested in your offerings, or (b) a less-than-perfect fit who expresses a lot of interest?
- After a prospect registers on your website for the first time, is it better to (a) spend two weeks crafting a highly customized email to the target, or (b) send a less-customized message within 24 hours?
"Salespeople would typically pick 'a' for both," he states. "They assume that as long as the target is a good fit, a talented and diligent sales team can make the sale." They also "obsess" over the quality of their messages, he adds.
But the study finds that approach to be misplaced:
- Companies that showed some initial eagerness, even if they didn't appear to be typical buyers, were more likely to buy than "ideal" customers who had expressed mild interest.
- A highly customized email sent two weeks after a prospect registered online got much less response than a "semi-standardized outreach" sent within a day.
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