
CASE STUDIES: FOUR PATHS TO PROCESS MATURITY
To improve the maturity of their lead management process, B2B marketers must cross
organizational boundaries, encourage cultural change, and champion new technology to standardize,
automate, and streamline lead handling. The path and timeline for process improvement varies by
business model, company size, industry, and level of executive commitment, but firms that work at
improving their lead management process invariably increase business results.
InQuira’s Lead Development Yields Stellar Lead Closure Rates
Faced with limited resources and long sales cycles, this $20 million, 100+-person provider of
enterprise knowledge management, Web self-service, agent-assisted support, and online marketing
software focuses its lead management processes on cultivating ready, qualified leads. By attaining a
high level of lead management maturity, more than 80% of the deals closed by InQuira’s field sales
team originate from leads generated, qualified, and nurtured by an integrated marketing and inside
sales team that:
· Determines lead quality based on behavior, not demographics. In 2005, InQuira installed
lead nurturing technology from Eloqua and integrated it with its Salesforce.com system.
Eloqua’s software helps InQuira gather implicit data — like site visits to high-value content
(versus visits to the career page), search engine click-throughs, and registration form
submissions — and learn how prospect activity is a better predictor of future lead closure than
firmographic criteria like company revenue, industry, or contact title.
· Moved inside sales under the marketing organization. To ensure consistency between
campaign messaging and inside sales reps’ follow-up conversations, InQuira shifted telesales
positions into an integrated lead development group within marketing and tasked reps with
educating and nurturing prospects instead of trying to feed the current month’s deal pipeline.
Inside sales staff members use customer response data and problem-solving conversations
instead of scripts to engage potential buyers. The result? The firm doubled the number of
qualified prospects it sends to sales without increasing the number of inside reps.
· Engages prospects through a well-orchestrated communication plan. To attract new
prospects, InQuira executes a sequenced set of communications that maps marketing content
to specific business challenges and buying process stage.6 Inside sales reps then work leads that
respond by engaging them in solution-specific conversations that leave prospects thinking, “Gee,
this company really understands my needs.”
· Automates white paper postings on third-party sites. InQuira eliminates the exchange of
unwieldy registrant spreadsheets by integrating prospect registration from co-marketing partner
sites directly into its lead capture, scoring, and nurturing system. This tight integration enables
InQuira to generate follow-up emails automatically and immediately identify candidates for
follow-up. By selectively using technology to integrate a range of programs, InQuira quickly
culls the best leads from its content syndication partners while continuing to nurture a healthy
flow of warm leads. This approach enables InQuira to turn what is typically a high-volume, lowvalue
source into a viable lead channel. |