What Happens When You Have Too Many Sales Leads?

Few marketers will question the value of salesEach consultant would keep prospect records in
leads generated by direct mail and other directhis own unique filing system. When he was
response methods. However, a poorly integratedpromoted or left the company, there was little
lead generation programme can actually reduceorganised prospect data to hand over to a
the overall productivity of a salesforce.successor who had, time-consumingly, to build up
This is a true story and only the company namean entirely new prospect bank. Clearly, a method
has been changedwas needed of recording prospect data centrally.
The case of Newco & Co. illustrates theIn addition, the rapid success of the national
phenomenon. Newco manufacture a range ofaccounts function required a database to accept a
specialist industrial washroom equipment; theygreat deal of account information, e.g. subsidiary
offer service contracts to maintain the equipmentcompanies and trading terms, in order to
and supply their wide range of hygiene disposablecoordinate account management.
products.On the marketing side, there was the need to
The market combines extreme competitivenessbuild and regularly update the unqualified lead
with a marked lack of glamour; therefore Newcoelement of the database. Most mailing lists contain
have chosen to dedicate a specialist salesforce tolittle prospect information and generally age at
concentrate on opening up new accounts - to bebetween five and 15 per cent per annum. For
subsequently serviced by their operations division.Newco's database considerably more information
Their objective with this structure is to obtain thethan name and address was required for each
widest national distribution for their equipmentlisted company: e.g. Telephone number, key
(which includes dispensing machines). The biggerdecision maker, number of employees and
the 'population' of their equipment, the more theyexisting products/brands used. This degree of
sell of consumable hygiene products - the majordetail effectively doubled the potential for decay.
profit opportunity for their business.Setting up the database and its management
The salesforce of 50 specialist equipmentsystems required a great deal of investment in
consultants and key account executives is dividedspecialist software. Hardware was not a problem:
into eight geographical regions, each managed bythe company already had sophisticated computer
an area manager under the control a national saleshardware and had invested a considerable amount
manager. In the course of many years'on computerising its internal systems. However,
experience in direct marketing Newco havesetting up an interactive database need not
explored most techniques of combininginvolve a huge investment in hardware or
brand-building with lead generation, to support theirsoftware. Some particularly effective systems
salesforce and large distributor network.have been set up using entirely manual controls.
Direct mail has long represented a sizeableThe skill lies in developing simple, logical systems
proportion of their advertising and promotionwhich lend themselves to the gradual transfer to
budget; and they are now confident of their abilitycomputerisation.
to generate leads very cost-effectively.A re-evaluation of the role marketing could play in
Maintaining a high level of salesforce productivitysupporting the salesforce concluded:o Mailing should
remains an essential ingredient in staying at thebe capable of distributing leads evenly across the
top of the hygiene market.sales territories in such quantities as to enable
Nevertheless, about two years ago, Newco begansalespeople to plan their follow-up.o To improve
seriously to question the role of sales leadthe value for money of each mailing, prospect
generation in their marketing mix. The basiclists should be made available for telephone
problem was that they had become too good atfollow-up (which has been proved to double the
generating leads. The overall cost per lead wasappointment rate).o The central database
fine, but this was not being matched by a(primarily a list of unqualified prospects) should be
correspondingly economical cost per sale. Indeed,made available to sales people to coordinate their
cost per sale was initially rising due, it has beenown prospecting and feed-back of data to the
assumed, to poor feedback of results by thecentral file.
salesforce. Dissatisfaction with the lead generationNewco still have some way to go to complete
came to a head when senior sales managementthe new integrated system, but there has already
began to re-structure the salesforce and tobeen a general increase in sales productivity.
devolve greater accountability to sales managersThe strength of the system lies in its flexibility. It
at area or first line level. Sales managersis capable of accepting large amounts of data
complained that the influx of leads was actuallyfrom a variety of sources bought-in lists, market
reducing sales force productivity. Their carefulresearch, tele-sales agencies and the company's
work-plans to maximise the time salespeopleown salespeople in order to personalise it to the
spent face-to-face with prospective customers onspecialist needs of the hygiene market.
which their high performance depended wereA key benefit is the constant improvement of
being disrupted by the sheer quantity and oftenresults from direct mail, as feedback and analysis
random geography of the enquiries demandingof each mailing is used to amend the database
their attention.and refine future target audience selections.
At the same time leads were accounting for anThe marketing department can now provide
unduly high proportion of total new business. Themuch improved guidance to the salesforce. For
other two main sources of the Newco's salesexample, analyses of the existing customer base
consultant's new business were:o Sales createdby type of industry and commercial business, as
from his own prospecting (self generated)owell as analysis of direct mail responses, can
Repeat and extension business sales from existingdirect sales effort into particularly responsive
accountsmarket sectors.
Unchecked, undue reliance on leads generated byA further benefit of the central database to the
the marketing department would leave thesales consultant is that it can now regularly
salesforce vulnerable to the vagaries of theprovide him with updated hard copy of customers
market and take control away from theand prospects sorted geographically. This helps
salesperson.the planning of sales activity to ensure efficient
Finally, Newco's excellent sales training programmeprospect follow-up. Fewer opportunities are lost,
notwithstanding, lead-dependence could alsoand the face-to-face time can be optimised.
impede the development of salespeople into theHowever, the greatest benefit of this integrated
account portfolio managers the company neededapproach has come from the restoration of
as the salesforce moved more and more intocontrol of the sales effort to the sales manager.
national and major account selling.Sales managers have observed that a more
To restore the balance between self-generatedbalanced supply of leads, coupled with training in
and lead-generated sales, Newco set aboutthe techniques of appointment-making and lead
creating a situation where leads would result in aqualification, has enabled salespeople to develop
net increase in sales productivity: if the maximumthe important skills of self-sourcing new business
benefit was to be derived from Newco's directand of managing existing accounts - skills that are
marketing activities, they had to be integratedessential to the key and national account
with the sales management.salesman.
What was required, in short, was a flexible andInternal promotions within the salesforce are at an
dynamic database, geographically structured toall time high. There has also been an increase in
the individual sales territories and regularly updatedassignments of marketing managers into the sales
as the customer base grew.division and vice versa. This has resulted in a
Both the salesforce and the marketingcross-fertilisation of ideas and an overall
department would contribute input. On theimprovement in cooperation and understanding.
salesforce side there was the traditional problem.