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Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com x Next Generation Strategies to Improve Top-Line Growth October 30, 2012

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Ways to improve revenue at the top line

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Page 1: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com

x

Next Generation Strategies to Improve Top-Line Growth

October 30, 2012

Page 2: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com 2

Today’s World

Page 3: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com 3

Why Do People Buy?

Page 4: ImprovingTopLineGrowth

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Question of Value

Value to the customer delivered through:• Financial Value (makes money, ROI)• Operational Value (improves process)• People Value (increases productivity)• Contextual Value (makes decision maker happy)

“The perceived worth of benefits received by the customer, in exchange for the total cost of an offering.”

“The perceived worth of benefits received by the customer, in exchange for the total cost of an offering.”

Page 5: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com 5

Understand Your Target Market

• Target customers’ needs, interests, desires, motivators

• What are their alternatives?• How do they make choices?• Where and how do they look

for recommendations?• What do they truly value?

Page 6: ImprovingTopLineGrowth

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Defining your value

Your combined solution uniquely solves customer issues and provides value

Competition

YourSolution

Customer Issue

UniqueValue

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Marketing Outreach

Social Media

Web

Collateral

Events PR

Direct Mail

Email Campaigns

Partners

Pro

spects

Cu

sto

mer

s

Associations

Cas

e S

tud

ies A

ssets

Articles

Testimonials

Brand

Page 8: ImprovingTopLineGrowth

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Lead Generation Funnel

Branding, PR, advertising

Website, SEO, direct mail

Events, seminars, trade shows, webinars

Inbound telephone/email/web inquiries

Lead nurturing opt-in email

Sales calls, meetings

Follow-up/close

Problem identification

Solution exploration

Solution selection

Vendorselection

Engage

Inquiry(Suspect)

Lead(Prospect)

Sales-Ready Lead

Qualified Prospect

Customer

Lead

Nur

turin

g Pr

oces

sSa

les

Proc

ess

Solution exploration

Solution selection

Page 9: ImprovingTopLineGrowth

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Measuring Lead Generation

Source: Marketing Sherpa and Aberdeen Research

Activity MeasurementEvents (Actual / virtual) Response to follow upEmail communications Open rates, click through

rates, replies

Telemarketing Lead or meeting qualityDirect Mail Meetings scheduledWebsite / SEO Qualified inquiresSocial Media Awareness, qualified inquires

Page 10: ImprovingTopLineGrowth

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Are they Ready or Old?

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Lead is attracted

and Acquired

------------------------

SEOEmail CampaignEventReferral

Lead is attracted

and Acquired

------------------------

SEOEmail CampaignEventReferral

Lead is delivered to Sales

Lead is delivered to Sales

Sales closesthe sale

Sales closesthe sale

Lead is nurtured until it is

sales-ready

-----------------------

MarketingTelemarketingTelesalesInside Sales

Lead is nurtured until it is

sales-ready

-----------------------

MarketingTelemarketingTelesalesInside Sales

Movements of Leads from Marketing to Sales

Page 12: ImprovingTopLineGrowth

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Sample Lead Nurturing Track

Initial Contact

Introductory telephone callFollow-up email message with link to online demo

Touchpoint 1 Email message with third-party article about relevant subject

Touchpoint 2Invitation to webinar or seminarFollow-up telephone call

Touchpoint 3 Email message with link to relevant white paper

Touchpoint 4Email with link to relevant podcast or webcastFollow-up telephone call

Touchpoint 5 Email message with third-party article about relevant subject

Touchpoint 6 Invitation to trade show or workshop

Page 13: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com 13

Next Step Delivers Results

Amir Zoufonoun CEO Exalt Communications

Sales Effectiveness

“Thanks to Next Step we now have the right team, sales process and marketing resources in place for peak

performance despite the current economic conditions.”

EmployeeProductivity

Page 14: ImprovingTopLineGrowth

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2. Execute and measure lead gen and nurturing

3. Ensure supply chain and workforce sustainability

4. Build innovation into all activities

5. Plan for strong top and bottom line growth in ‘13

1. Define unique value for your ideal target market

What You Can Do Now

Page 15: ImprovingTopLineGrowth

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Questions?

Page 16: ImprovingTopLineGrowth

Copyright © Next Step. All Rights Reserved. www.nextstepgrowth.com

x

Jennifer VesselsNext Step

[email protected]

www.nextstepgrowth.com

Willam J. BrowneManex Consulting

[email protected]

www.manexconsulting.com

Next Generation Strategies to Improve Top-Line Growth