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Demandbase cross-references its database to find companies that are a good fit. Aggregate that data at an account level to know which accounts to target. Use analytics from ad campaigns to prompt sales staff to take action. The aggregation of individual behavior at a company level was the critical innovation.
Some of the same underlying principles apply, but because of the inherent differences in buying decisions and salescycles, pulling B2C optimization practices straight from the book might be a bad idea. There are a few things that make optimizing for B2B a different beast: The salescycle is usually longer. Image Source.
First of all, it means that most aggregate measures of success, like total revenue, are not very useful. extraneous SHIMMER reference spotted; you are dating yourself eric. Then we could focus on standardizing a product that could have an automated salescycle online. This unit of progress is remarkable in several ways.
It also allows you to track who referred which client and why. Free CRM – This is a Web-based customer relationship management software that allows for sales force automation. Track leads and manage your sales pipeline. Simple Sales Tracking – An online sales tracking app that offers free and paid plans.
So by segmenting your data, you can learn things you couldn’t from the aggregate data. Customers that converted in the last year that had a salescycle of less than x weeks. Customers that converted in the last year that have been a reference for us at least twice” Cohort Analysis for CRO. Expansion Potential.
Today when I talk to clients and audiences about the need for content I am referring to the act of simultaneously producing, sharing and networking as a form of an active cycle of content that has entered every aspect of what we do as marketers. Sharing filtered, curated and aggregated written, spoken and recorded words and pictures.
Now, don’t take the word authority to mean fame or notoriety – it’s really more about possessing person power – the kind that can attract new business, create more opportunities and drastically shorten salescycles. You must get very, very good at sharing, networking and aggregating content.
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