Nurture your long-term leads until they're ready to buy -- from you
 

Lead nurturing: Maintaining a relevant and consistent dialogue with viable potential customers, regardless of their timing to buy. 
  
It's widely estimated that between 80%-90% of all your leads are long-term; only about 10% are actually ready to purchase your product. Of course, it's frustrating for a sales force to continually follow up on so many prospects who are just just "shopping." On the other hand, research indicates that at least 70% of those shoppers will eventually buy something -- from someone. Here are more compelling statistics:
  • 9 out of 10 website visitors are not ready to buy -- Brian Carroll, author of Lead Nurturing for the Complex Sale
  • After 6 months, 23% of those lead have made a purchase; 67% are still in the market -- Mac McIntosh,
  • 80% of leads disqualified by Sales buy a solution within 24 months. Only 10% of Sales-accepted leads close -- SiriusDecisions
Most marketing inquiries -- website visitors, webinar attendees, etc. -- are long-term leads. But they do eventually buy from someone. Lead nurturing establishes regular communication with these long-term prospects, creating a relationship and enhanced brand awareness. So, when they do purchase, the chances of it being from you is significantly higher. 
     
Relevant communications
The more value added to your communications with long-term prospects, the better. E-mail newsletters are the industry standard, but how about e-mailed links to interesting articles or reports? Information about trade shows or conferences? Invitations to webinars or seminars you're hosting? Periodic personal telephone calls? Opinion surveys? The opportunities to engage are endless.  
    
     
For more information on
Lead Nurturing, click here. 
  


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Lead nurturing works 
According to lead nurturing guru Brian Carroll, author of Lead Generation for the Complex Sale, 6 to 8 meaningful touch points are required before most leads are sales-ready. On top of that, the Yankee Group estimates that 40-80% of new business leads are not followed up on, mishandled or lost due to poor company processes.    
  • Lead nurturing companies generate 50% more sales-ready leads at a 33% lower cost per lead -- Forrester Research     
Leading Edge works within your company and your industry to put meaningful communication programs in place with your long-term prospects to improve your brand awareness, establish loyalty and increase conversions to closed business. See our four-step process.