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The modern marketer of today can no longer be limited to funnel vision.
Yup, this means you need to expand your boundaries beyond the most straightforward journey your customers might take on their path to purchase. Every opportunity needs to be seized and every high-intent lead needs to move down the sales pipeline faster.
And all of this begins in the place your business calls home in the digital realm - your website.
As one of the first touchpoints of interaction your customers have with your brand, it sets the tone for their evaluation and decision process.
That being said, it is only natural that your website be optimized to convert every qualified lead that lands on your page into a booked meeting with your sales rep. Unfortunately, it is in this crucial window where businesses see a lot of drop-offs.
Which brings us to the most important question:
Here’s a wild guess - not as much as you’d like to.
The Metadata B2B Paid Social Benchmark Report found that marketers allocate 80% of their marketing budget to lead generation but only an average of 2-12% of the leads generated get converted into booked demos.
Not exactly ideal, for all the time, resources, and effort put into creating the perfect campaigns and driving traffic to your website.
Let’s dig a little deeper and understand what could possibly be wrong or missing.
Tbh, when it comes to conversion rate, there’s no one-size-fits-all as it depends on multiple factors. But there are a few common and obvious reasons why it might be low:
As the difficulty of capturing and retaining customers’ attention increases, it is now more crucial than ever to have a website that can generate qualified meetings.
Every business banks heavily on its vast repertoire of landing pages, which include lead capture pages, trial sign-up and demo landing pages, paid ads pages, and pricing pages amongst many others. But the end goal is the same for them all - provide high-intent prospects with the fastest lane to talk to you. Which translates to having a high meeting conversion rate.
The conversion rate is like a measuring stick for how well a business moves website visitors down the funnel as potential customers and pipeline.
Here’s why it matters:
The essence of it is that a good demo conversion rate has a cascading effect on your sales pipeline. And you should be making the most out of it.
Every marketer out there is tasked with accelerating pipeline growth but with a tight budget. Seems to be the norm in today’s economic climate right?
Been there, done that. And it’s precisely why we want to scream it out from the rooftops - do not underestimate the impact of your website demo conversion on your pipeline.
Here’s the secret sauce to boost your demo conversion rate and in turn grow your pipeline.
Once you’ve identified a high-intent lead, every second counts. Don’t get stuck in an endless game of email ping pong to confirm meetings, or worse battling for attention in your prospect's crowded inbox and dealing with drop-offs from qualified buyers even before the first call. Help the high-intent leads you’ve attracted through different channels enter your sales pipeline faster.
Do this by letting prospects book meetings instantly with your team by investing in a smart one-click scheduling solution that doubles as a lead qualification and distribution tool as well.
A great example is RevenueHero which lets you connect high-intent qualified buyers with the right sales rep instantly throughout the buying journey, right from booking meetings on the website to handoffs between sales teams.
When you enable prospects to select their preferred time slot from the calendar of the right person on your sales team in a single click without the hassles of email, your form-fill-to-meeting booked conversion rate is sure to go up drastically. And you’ll pave the way for a great buying experience.
An added bonus is that you’ll also be saving time spent on manually qualifying leads and assigning them to the right reps. Smoother scheduling also means admin work reduces for your sales team and helps improve meeting show and success rates.
Now this is where it helps to pour extra attention and care. The devil is in the details after all.
While your website is your #1 source from where you get demo bookings, there are a couple of other touchpoints that you cannot miss.
Let’s start with outbound campaigns. When your SDRs do a cold outreach to prospects they have a lot of the details already and get the rest through the email conversation.
In this case, when the prospect is interested in booking a meeting with you, it makes zero sense to get them to fill out a form again which asks for details you already have. This is where it helps in having a meeting link/calendar that can be embedded in the email. Brownie points, if the if it’s that very SDR’s calendar with personalized content and targeted messaging for an enhanced buyer experience.
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What makes you stand out in a competitive and crowded inbox is the little details. Things like adding embedded recaps to your meeting links and personalized meeting reminders help strengthen your brand and add necessary context to the meeting.
Moving on, let’s talk about your retargeting campaigns. As marketers, if we can pinpoint who hasn’t booked a demo and retarget them with campaigns, why can’t we pinpoint who is returning and give them the fast lane to our sales reps? Why ask them to fill in the same information again? Repetitive and redundant right?
When you send a nurturing email, include a custom meeting book link to enable the existing leads in your CRM to book a meeting with you faster, without the hassles of filling out a form yet again.
An important aspect to be noted here is to have all the details synced in the backend, so that you instantly know which prospect of yours clicked the link. This means, when they finally book a demo with you, they get to skip the boring form and are given the fastest route to your sales rep.
No forms. No drop-offs. No regrets.
Picture this. You are running multiple campaigns across channels to grab the attention of various stakeholders within a company since there are bound to be different decision-makers involved in the final buy-in. This means, prospects who show interest in your demo forms and marketing collateral can turn up at different timelines despite being a part of the same company.
So what do you do then? How do you ensure that there are no lead redundancies among your accounts? And how do you avoid bouncing prospects from one rep to another?
Enter lead-to-account matching. A functionality that is purpose-built to automatically match every lead to the right account owner based on similar prospects, company or any custom property and close deals faster. To be able to fast-track your meetings and close deals faster you need to ensure your leads talk to the sales rep best equipped to convert them. Every time.
It does not just stop there. You need to go a step further and set up your distribution logic to round-robin these leads based on territory, ownership or any other custom logic based on your sales process. Your pipeline will thank you for it.
In today’s fast-paced landscape, grasping buyer intentions is vital for sales success. And that’s precisely where intent data plays a huge role, in how you can pinpoint, engage, and convert leads. This means you no longer have to rely on plain old cold outreach and spray-and-pray tactics, but instead can implement focussed intent-based outreach and targeted ABM efforts for deal acceleration.
When used efficiently, intent data can help you maximize the ROI from your existing marketing and sales efforts. You can use a wide range of tools, ranging from intent data providers, enrichment databases, sales engagement platforms, and more to leverage your intent data and drive pipeline.
Interactive demos are self-guided walkthroughs that give visitors a "hands-on" experience of your product before they choose to sign-up. Embedding an interactive product demo on your website is an effective tactic to eliminate points of friction and close the gap between buyers, product demos, and sales.
It's an immersive, tailor-made approach to show (not tell) your product's strongest features and use-cases without manual intervention. Ultimately, interactive demos has shown to significantly improve lead quality and conversion rates down the funnel.
If you're looking to experiment with interactive product demos, off-the-shelf, no-code solutions are a great place to start. Navattic, for instance, is an industry-leading interactive demo building tool that supports a wide range of functionality and customization across app captures, overlays, and analytics.
If you’re wondering what could be worse than a pipeline that isn’t converting, it is not knowing why, where, or what the hold-up is. Think about it; if there’s either a sudden drop or surge in meetings booked and you don’t know why you’ll be wasting precious time and resources trying to tweak things with limited visibility.
And that’s why it is absolutely crucial to have 360-degree visibility from form-fill to closed-won. This includes having detailed data on buyer behavior and intent, meeting outcomes and conversion patterns, and performance metrics at form, page, rep, and team levels. But it shouldn’t stop there. You need to analyze the data at hand, drill down on outcomes at every touch point, take prompt action where necessary, and fine-tune your campaigns.
As a modern marketer, optimizing your meeting conversion rate is key to measuring and maximizing the effectiveness of your marketing efforts and ultimately driving business growth.
In a world of intent-driven sales, adapting is thriving. And the secret sauce to it is made up of having the right tools and processes in place.
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