There are only two kinds of things
that can bring any business endeavor to its demise: unfortunate circumstances
and human errors. Obviously, the former is something that’s out of anyone’s
control. It could be anything from a paralyzing economic recession to physical
disasters like fires or earthquakes. The latter, however, are the flaws and
lapses that key people have in making decisions and performing actions. These
things are controllable.
When a business engages in B2B lead generation, it
embarks on an elaborate campaign to seek and attract potential clients. The
task requires careful planning, patience and cooperation between and among
marketers and other functions of the business. The things that could destroy that
effort – the ones that are controllable – must not be tolerated. As marketers,
it is important to understand why these things can be roadblocks to success.
These are 7 of the worst things that could happen to your campaign:
1. Lack
of strategy – Even
the simplest marketing activities require a strategy. It’s the framework that
guides marketers to their goals and puts and everything in order for them.
Without it, management of time, budget and other resources would be
topsy-turvy.
2. Lack
of commitment – Lead generation is not the sole obligation of marketing, and that’s true. However,
if a marketing team engages in lead generation only to perform it
half-heartedly, then goals would be difficult to achieve.
3. Lack
of quality content – If
lead generation is a restaurant business, then content is the menu list. It’s
what draws people into engagement. If the type of content is not compelling
enough to spark interest, lead generation would be stagnated into a dead
campaign.
4. Lack
of collaboration with sales – Marketing
should not work independently from sales, especially in walking prospects
through the entire sales process. Both departments should have a shared vision
as to how a prospect’s experience would be enhanced.
5. Lack
of nurturing – The
responsibility of marketers do not end when prospects are turned into leads.
There must be a thorough follow-up system to maximize the potential of doing business and establishing a long-term relationship.
6. Lack
of fun – B2B
doesn’t have to be a boring enterprise. Even within an industry composed of
professionals and executives, the element of fun and camaraderie could still be
encouraged. No one wants their business to come out as a square to the public
eye.
7. Lack
of risk-taking –
Eventually, the things that the B2B industry practices now would become
obsolete in the future. That may still be a long time from now, but for a
business that doesn’t have the guts to take risks even today, tomorrow would be
a quandary.
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