Relationship nurturing will make your telemarketing campaign more efficient
If your campaign objective is to secure appointments with hard to reach senior decision makers, then spending time nurturing prospects is invaluable to achieving success. This means and you may need to consider some database building and lead nurturing activity prior to jumping into the appointment making process.
We regularly discuss with clients how they will experience better campaign results if they utilise telemarketing in a sustained manner and as part of an integrated approach including data cleansing and email marketing. After all, securing an appointment relies on you building a relationship with a decision maker, which doesn’t happen in one phone call alone!
One of the measures we use to assess progress on campaigns is the ratio of to calls made to decision maker conversations. This can quickly highlight if we are able to achieve our goals for our clients –simply put if you don’t speak to enough decision makers then you won’t make enough appointments!
We recently undertook a comparison between 2 campaigns, both wanting appointments with decision makers, however Campaign A was starting from cold data with no prior engagement and Campaign B was utilising a pipeline that has been worked for 12 months. To make this comparison as scientific as possible, the calls on both campaigns undertaken by the same telemarketers in the same week.
The results make interesting reading:
Campaign A
- Used cold data
- No clear decision maker identified in the data business, and no prior engagement
- 12 days of calling
- 974 calls
- 36 decision maker contacts
- Call to decision maker ratio of 3.7%
- On average took 3 calls to the organisation to ascertain the decision maker
- 3 appointments made
Campaign B
- Used highly qualified data -prospects were profiled and many had previous engagement via phone and email
- Decision maker had already been identified
- 6 days of calling
- 449 calls
- 96 decision maker contacts
- Call to decision maker ratio of 21.4%
- 7 appointments made
So, Campaign B delivered:
- A far superior call to decision maker ratio.
- Twice as many appointments in half the number of days.
- A much better ROI on the telemarketing spend.
So, if you want a more efficient telemarketing campaign then Great Guns would recommend that you allow for some database building and pipeline development before expecting appointments to be generated.
