How Marketing Automation Increases Leads

Updated: July 28, 2008

Issue

 

Perhaps the biggest stumbling block for companies debating whether to purchase a marketing automation solution is the fear it will be a wasted investment. But if you're a business leader, you should really be concerned with how marketing automation can increase sales. Whether you want to capture more leads, qualify the strength of leads or determine the value of leads after a marketing campaign, marketing automation can help, which inevitably results in higher sales numbers.

 

Analysis

 

Marketing-automation solutions integrate marketing and lead-management programs to improve their effectiveness. Criteria for determining the strength of leads can be combined with tools for permission-based emails, direct mail, customer surveys and market-research solutions to ensure that you're targeting the right customers. According to Seth Trachtman, Web-marketing account manager for The Net Impact, management should "require marketing to take on more responsibility to nurture both prospects and existing customers," rather than have the sales team waste time trying to find leads on its own.

Marketing automation also helps ensure that sales and marketing departments are in harmony about how to achieve the desired increase in sales. The software can provide tools, research prospective leads and conduct personalized marketing campaigns. According to strategist and business adviser Jill Konrath, "The only way to capture the attention of corporate decision makers is to create a very personalized message based on in-depth research of their firm."

You can additionally keep in touch with cold leads, which may bring future sales when they warm up. Lead-generation tools help define lead strength and send those leads directly to your sales force, increasing the possibility of quickly turning a lead into a sale.

Marketing-automation software also helps you determine if your last marketing campaign was a boom or a bust. Whether a campaign is designed for short-term results or is part of a long-term strategy, you'll have access to real-time information about all of your company's marketing and lead-management efforts. Analytical tools give you the ability to track campaign success or failure, and can help companies create metrics and protocols for crafting consistently effective marketing campaigns. This results in more leads, which naturally boost sales.

According to a JupiterResearch report on vital marketing, many companies fail to measure how marketing campaigns impact sales. But putting customer data under a microscope to measure a campaign's effectiveness is central to determining if you're reaching the best sales prospects. As the JupiterResearch report said, "this approach may require customized reporting," but companies interested in marketing-automation solutions should "seek out applications that are built around this philosophy and make these reports standard features within the application."

Featured Research
  • Get the ERP Solution You Want in 5 Steps

    An effective Enterprise Resource Planning (ERP) solution is a must-have for any growing business looking to quickly improve the flow and efficiency of various internal processes. more

  • ERP in the Government Sector

    Enterprise Resource Planning (ERP) solutions have helped businesses improve the flow of key internal processes. That said, there’s yet another professional sector that’s benefitted, too … more

  • Is Your ERP Solution Out of Date?

    Enterprise Resource Planning (ERP) is a modern, large-scale software program designed to help businesses improve the internal flow of important corporate processes and communication. more

  • Top 8 ERP Trends in 2017

    Simply put, no matter where you’re at as a business, data will greatly define your future success. The more data you accumulate, the better you’re able to make strong, strategic decisions at scale. Starting out, data accumulation, storage and analysis is a manual process. As time goes on, however, an Enterprise Resource Planning (ERP) system is put into place to help out. more

  • The Pros and Cons of Two-Tier ERP Strategy

    An increasing amount of businesses are considering a two-tier approach to their ERP strategy. If you feel overwhelmed with just one ERP solution, don’t immediately discount two-tier ERP. more