Subscribe by Email

Your email:

Connect with Mike

mike volpe twitter mike volpe facebook mike volpe linkedin mike volpe youtube mike volpe blog rss mike volpe google buzz Mike Volpe on Foursquare mike volpe slideshare mike volpe itunes podcast mike volpe qik live video

Inbound Marketing Summit


Marketing with Mike Volpe

Current Articles | RSS Feed RSS Feed

What's the top challenge for B2B marketing?

Posted by Mike Volpe on Tue, Apr 27, 2010
 

Lead generation, specifically quality leads, is the top challenge for B2B marketers.  It always has been, and it always will be.  Leads are like a drug, once your sales team has some, they want more - and they always ask for higher quality until you start handing them signed purchase orders.  So it didn't surprise me that this MarketingSherpa study showed that quality lead generation was the top challenge.  What surprised me was how much lead generation was ahead of the other categories... check it out: 69% of marketers said quality lead generation was the top challenge, and all the other categories were in the 30's.  Remarkable.  Notice too that just a large volume of lead generation is also on the list at 35%.

b2b marketing challenge

More marketing data...


Tags: ,

COMMENTS

Mike, 
 
I think that the data says generating high-quality leads is the challenge. Many marketers would argue that they can generate leads -- no problem. In fact only 35% say high volume is a problem. But, ask them if the leads readily or easily convert into sales-ready leads -- big problem. As the survey rightly points out there's a huge challenge for generating the high-quality leads that turn into sales. 
@ArthurGermain

posted @ Tuesday, April 27, 2010 10:34 AM by Arthur Germain


@ArthurGermain - Great point about quality vs quantity, I changed some of the wording in the post to reflect that.

posted @ Tuesday, April 27, 2010 10:45 AM by Mike Volpe


Mike, 
 
That chart is always a good reminder for us folks who come from the B2B space. This interesting thing that seems to pop up every year is the demand for sales-ready leads and the challenge showing benefits of new wiz-bang features. Many customers we consult have challenegs in this area because many widgets are already fast enough, store enough, have the right features, etc., and companies are stuck on the hampster wheel of performance-selling. 
 
We've found a strong relation between companies who sell benefits via the economic value to the customer have less trouble creating sales-ready leads. The ones who sell performance features hard have a higher need to sales-ready leads. 
 
Ryan Malone 
SmartBug Media 
@RyanMalone

posted @ Tuesday, April 27, 2010 3:48 PM by Ryan Malone


Comments have been closed for this article.