Author Archives: Jennifer Lee

Avatar

About Jennifer Lee

Jennifer Lee is a Business Development Manager for Callbox, a B2B Lead Generation company that specializes with expertise related to B2B marketing, lead generation and appointment setting.

Modern Marketing over Traditional Marketing

Marketing is going through a revolution.  From the days when sales people used some form of advertising or traditional marketing methods to modern marketing strategies like online marketing, SEO and E-mail marketing.  Traditional or non-traditional, marketing is a widely used method to inform potential customers about products and services and to establish a customer base.  Whichever method, marketing will enable you to engage with your customers in every way possible.

Technology advances have forced companies to change their marketing strategies.  From traditional methods, they get to embrace modern ways to carry out their marketing campaigns. Companies have spent billions to strengthen their marketing strategies. They have adapted several new methods of promoting their products and services to compete with the rising market. Although many have relied to modern marketing today, there are still businesses who opted to use the traditional methods to do their marketing.

Traditional marketing is used by businesses to get the word out about their product or service, whether it is by pushing a cart load of wares around, distributing flyers or advertising in newspapers.   Anyone that is trying to sell something used some sort of these to get their products noticed.

Door to door sales also constitute the traditional marketing.  In some industries some form of knocking on doors is the best way to do business even today.  Another one is by using Yellow Page.  The yellow page is a very thick book filled with thousands of business listing of business owners throughout a specific area.  People would often look through the book to search for businesses that interest them.

Now, there are a lot of other traditional marketing methods that people use to market their businesses, yet because of the emergence of new technologies, they don’t respond to these methods like they did before.  Instead of a business spending millions on television advertising or on other traditional marketing strategies they can save on using some modern marketing strategies like SEO, B2B telemarketing and email marketing and promote just as effectively.

E-marketing is another name for web marketing or online marketing.  It is a business strategy that is increasingly being adopted over the traditional forms of marketing.  For businesses that aim to establish an online presence in a cost-effective way, then this is a much preferred solution.  One of the advantages of e marketing is that it can reach a wider client base for it uses Internet as medium to connect with millions of potential customers.  Unlike with traditional marketing strategies, e marketing can undertake all sorts of tasks like customer service, information management and public relations at low costs.

Some businesses die because of their weak marketing strategies.  Success in business requires careful and longer research of the market, product and service.  Really it takes time to learn what method works for your business.  You will constantly need to find and adapt methods that will meet your needs.  Take a step now.  Outsource your marketing activities to reliable call centers before your competitors eat their way into your potential customers.

The Costs and Rewards of Appointment Setting in B2B Telemarketing

There are a number of reasons why some applicants just could not be accepted for a job. Perhaps, skills are lacking. The required educational attainments are not met. Some might have the intelligence, but are self-diffident which failed them in the interview. Or to put it simply, there are just persons who are not qualified with a company’s standards.

The same is true in lead generation. It is necessary that every little thing is qualified, not a mere illusion. Sales leads must be qualified in order to have higher chances of closed sales. The installed technology ought to be qualified according to a company’s specific needs. The outsourced telemarketing company should be qualified in order to wrap up qualified appointments that their clients want.

Every company aims for qualified appointments. They do not want their sales representatives to arrive empty-handed after an assumed qualified appointment setting with a sales lead. After all, they pay a price to get what they want. However, when a business entity outsources a business-to-business  B2B telemarketing, every penny paid is returned in double or more.

Let us uncover the costs and rewards of a qualified appointment setting.

1. Cost Per Appointment

How much does a company pay for every qualified appointment? Does the payment worth the outcome of the appointment? Or is it overpaid?

Cost per appointment depends on the agreement between the telemarketing company and its client. Another thing that has been considered is the specific decision maker that an appointment setter has targeted.

The telemarketing firms have trained and educated their professional appointment setters to provide their clients with a list of qualified appointments, which targeted those decision makers who are at the top management. When client’s sales people delivered well during the presentation, sales come in a hundredfold.

2. Cost Per Quota

Aside from cost per lead, another cost scheme used is the cost per quota. Meaning to say, clients pay when the telemarketing service provider has reached the requirement in the number of qualified appointments. This is no problem for both partners. In the case of the client, an aggregate payment is lower than a cost per appointment. On the telemarketing firm’s side, there is no pressure in meeting the requirement since such agreed demand has been based primarily on the appointment setters’ experiences and capability.

3. Other Service Costs

An appointment is the start and not the end of customer relationship. This is to be followed with lead nurturing. This is so because it is crucial to keep in touch with the customer so that loyalty will exist. The business organization is obliged to keep their customers aware through constant updates.

A life-time value should be established relative to the customer. If a company is content with one sale to one sales lead, then such firm ought to think seventy seven times. It is to be remembered that one closed sale is a big no-no in doing business.

4. Opportunity Costs

When appointment setters pick up the wrong prospects, the opportunity costs foregone is high. The time, money and endeavor that should have been used to generate qualified appointments are wasted when the wrong ones are chosen.

The good thing is that this is not an issue with telemarketing service providers. Through their pre-qualification processes and specialists, no appointment is set until it has been accurately determined that a sales lead is qualified, sales-ready and within the company’s criteria of targeted prospects.