Wednesday, 22 July 2020

What is the importance of qualifying marketing leads?


A large pipeline full of leads sure sounds nice, but it does not indicate sales in the same proportion. 



Every lead will not, or cannot, turn into a revenue-generating customer. In an eagerness to close sales, digital marketing teams often pass on their leads to the sales team without proper evaluation. 

As a result, sales team has to go over the process again and very few leads are actually converted into customers. The time and effort of both marketing and sales teams is wasted, which can also give rise to contention and lack of trust between the two.

Thus, it is important for marketing and sales teams to work together and decide the criteria for the ideal lead. If and only if a lead fits this criteria, it would be labelled as marketing qualified and be passed over to the sales team. This will help quicker closure of sales, save unnecessary efforts and enable steady revenue growth. You can use qualifying criteria such as BANT to create the profile of your ideal buyer.

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