TIPSHEET · sales funnel. This common model is used to map a prospects progress from a lead to a...

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TIPSHEET PR, Content Marketing and the Sales Funnel

Transcript of TIPSHEET · sales funnel. This common model is used to map a prospects progress from a lead to a...

Page 1: TIPSHEET · sales funnel. This common model is used to map a prospects progress from a lead to a customer, and typically begins with the generation of leads, moving on to their conversion

TIPSHEET

PR, Content Marketing and the Sales Funnel

Page 2: TIPSHEET · sales funnel. This common model is used to map a prospects progress from a lead to a customer, and typically begins with the generation of leads, moving on to their conversion

PR, CONTENT MARKETING & THE SALES

FUNNEL

Effective marketing involves integrating the different marketing

disciplines with sales, and ensuring that prospects receive the

most relevant marketing materials at their different stages in the

sales funnel. This common model is used to map a prospects

progress from a lead to a customer, and typically begins with the

generation of leads, moving on to their conversion into

opportunities where they will evaluate the product or service,

and finally retention of the resulting customers.

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UNDERSTANDING THE IMPORTANCE OF MARKETING THROUGH THE SALES FUNNEL

A simplistic approach to sales and marketing

might assume that generation of leads is the

responsibility of marketing, conversion is a sales

role and retention the job of customer service.

This is wrong! Marketing can help throughout

the sales process by delivering the type of

content that meets the needs of individuals at

each stage.

Most marketing professionals understand the

techniques that stimulate interest: this is the

classic function of PR and marketing. They are

also aware that wherever possible contact

details should be captured when someone

shows interest, for example offering valuable

information in return for registration on a

website. Sophisticated marketers, however can

extend this concept and provide different

materials to meet needs at each stages of the

process, from lead to customer.

OFFER APPROPRIATE SOLUTIONS TO PROSPECT CHALLENGES

Generating leads is achieved by scenario-setting

content: materials that discuss the situation and

problems that might be faced by the potential

customer. Application notes, white papers and

industry vision articles are all content that will

interest a customer who is not yet at the stage

of evaluating or buying a product.

A further opportunity occurs once the customer

is interested, aware of the potential solutions to

challenges and is considering the next steps. At

this stage it’s important to provide validation of

the product or service with relevant case studies

that demonstrate that tangible benefits can be

achieved.

MARKETING FOR THE EVALUATION STAGE

Once a potential customer decides that they will

acquire a product or service, they will move to

evaluation. In a B2B technology environment,

this will typically involve a detailed assessment

of different vendors as well as in-depth research

about the product or service. Analyst reports

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and technical information allow for

benchmarking, whilst continuing to portray the

information in the best possible light to the

customer.

RETENTION APPROACHES WILL DIFFER

There are several different approaches to

retention, depending on the product or service

being sold. For fast-moving technology products

such as semiconductors, it’s important to

communicate information about upgrades,

enhancements and improvements. If a customer

continues using a product that is superseded,

there is a risk that a competitor will be able to

win them over simply because the latest

generation of their device surpasses the

capabilities of your obsolete product.

Software companies have a different challenge;

whilst the old model of software was to sell

upgrades, the emergence of SaaS means the

customers always have access to the latest and

best tools. SaaS companies need to continually

communicate the benefits of the improvements

they make to ensure that the customer

continues paying a subscription and doesn’t

look for alternatives.

WORD OF MOUTH MARKETING

Customer recommending products and services

to friends, colleagues and acquaintances is

highly effective and important for any company.

Social media, however, closes the loop publically

with reviews and comments from customers

influencing people they have never met. Using

marketing communications to turn customers

into champions who speak publicly about the

reasons why they like a particular supplier is

now an even more important part of any

campaign.

CONTENT MARKETING

Content marketing is an approach that has been

shown to generate great results, particularly in

promoting technology products in a B2B

context. By understanding how different types

of content are most effective when used at

different stages of the sales funnel, companies

can dramatically increase their lead generation,

conversion rates and customer retention

without a large increase in sales or marketing

costs.

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t: +44 (0)1243 531123

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e: [email protected]

w: www.napierb2b.com

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PO20 7DU

United Kingdom

Launched in 1984, Napier was one of the first agencies in

Europe to specialise in the electronics market,

subsequently expanding to help clients in a range of B2B

technology sectors. Initially a PR agency, Napier responded

to the clients’ need to manage information across every

element of the marketing mix by bringing together a team

of multi-talented and multi-lingual engineers, linguists and

technical journalists as well as PR and marketing

professionals.