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Your rivals finally reveal 5 reasons they use telemarketing

Wednesday, June 10, 2015 Back

Many business struggle to generate a consistent number of good quality sales leads that will enable them to achieve their revenue, profit and growth objectives.

Of course we are going to tell you that telemarketing is the solution and it can support your sales team and help your business generate leads, open sales conversations, set appointments and win customers. But don’t just listen to us – have a look at what the Direct Marketing Association of the UK has to say on the matter.

Your rivals finally reveal 5 reasons they use telemarketing

Graham Smith

October 8, 2014

According to research by the DMA, 17% of marketers are not using telemarketing. You may be one of them. But have you ever wondered why almost 90% of your competitors use the phone in marketing programmes?

 

So here’s the top 5 reasons your rivals use telemarketing. The list is based on new research produced by the DMA’s Contact Centre & Telemarketing Council and sponsored by SCi. Over 1,000 consumers and 210 marketing executives in the UK were asked for their input.

1. To collect consent (opt-in) for further marketing

Currently just 19% of your rivals use telemarketing to get consent. But as the EU Data Regulation makes opt-in a legal requirement next year, this figure is surely set to rise.

An online ‘tick box’ consent form will get anything from 0.5% to 3% opt-in. Your competitors use telemarketing and get up to 15% opt-in. The reason? Objection handling. A good telemarketing agent can convince a prospect of the benefits better than any tick box.

2. To broadcast content marketing

Why limit yourself to distributing your white papers, blogs and infographics just through email? Currently 64% of your competitors use telemarketing to update prospects on relevant and interesting knowledge material. Are you one of the 35% that don’t?

Content helps position your rivals as experts, giving prospects greater confidence and respect in their opinion – and therefore in their proposition.

3. To generate leads and appointments

Telemarketing requires greater investment than some digital channels, but the ROI is impressive. This research shows that it delivers £11 worth of revenue for every £1 spent.

So there is little surprise that 84% of marketers use it for lead generation and 79% use it for appointment setting. This takes them as far as confirming the prospect has Need and Authority, but how do they check Budget and Timescale?

4. To BANT qualify sales leads

BANT qualified leads are people who have Budget, Authority, Need and Timescale. The best way to confirm BANT? Telemarketing. A resounding 79% of B2B marketing executives said it was either effective or very effective for BANT confirmation.

Just 9% said it was either ineffective or very ineffective for BANT, which begs the question “Are they doing it right?”

5. To nurture leads until they are ‘ready to buy’

So what do your rivals do if their prospect doesn’t have budget or timescale? They nurture. Over two-thirds of marketing departments use the telephone to nurture leads. It’s not difficult to understand why.

Telemarketing has human interaction, so it makes prospects feel valued – an important part of the nurturing process.

Now that you have seen why and how your competitors use telemarketing maybe it’s time to review where it’s placed on your marketing schedule.

 

Originally published by

Graham Smith
SCi Sales Group and Direct Marketing Association

Source: SCi Sales Group and Direct Marketing Association, 2014.
 

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