The Challenge
TeleDirect's challenge involved its use of a very large number of
external sources to generated leads, including an agency to generate
exclusive leads. The company used these external sources of leads
because it required a continuous pipeline of qualified, high-ROI leads
who were ready to buy within a few weeks time. This would allow
TeleDirect's sales force to concentrate on the sales process and
conversions rather than spending too much time and resources on
prospecting or qualifying potential leads.
TeleDirect Call Centers is very selective about who it chooses to supply
leads, as it found that some vendors employ unrefined, generic
lead-gathering methods, resulting in low-quality, unqualified leads. In
addition, TeleDirect knew that call center service prospects won't
typically submit their contact information to an individual vendor. They
knew that prospects like to comparison shop and often prefer the
efficiency of using an online service that offers pricing and feature
comparisons involving several service vendors.
The key measurement TeleDirect uses to measure success with all lead
sources is ROI. The two different measures it uses is how much revenue
it generated from leads within the first 30 days of signing them up as
customers, and second, the total revenue generated from the leads.
The Solution
To complement TeleDirect Call Centers' own lead generation efforts,
the firm turned to InsideUp, the company that goes far beyond standard
online lead generation. InsideUp's leading-edge, lead-gathering
platform includes opt-in email, social media, blogs, video
advertising, white paper syndication and contextual advertising to
name a few. TeleDirect's budget for leads was set at 100 leads per
month. InsideUp uses a variety of marketing campaigns to generate
leads for TeleDirect. InsideUp directly posts leads, in real time, to
TeleDirect's proprietary CRM system, which generates an instant email
to the prospect, and is then followed up with a phone call within 15
minutes. Leads are delivered after a verification process that
guarantees to TeleDirect that leads can be contacted by its sales team
and that the lead information is not only accurate but meets
TeleDirect's specific requirements.
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The Results
TeleDirect Call Centers achieved a 125% ROI from InsideUp leads within
the first 30 days of signing up the customer! This means that the
total revenue it generated from customers within just 30 days of
signup is 125% of the total cost of generating those leads using
InsideUp's platform. Plus the contactable rate for delivered leads
averaged 80%, which permits TeleDirect's sales team to directly and
personally engage with prospects to further refine the prospects'
needs. InsideUp's lead verification process ensures that leads
provided to TeleDirect have a high response rate. TeleDirect also
reduced its external sources of leads from six to just three
suppliers, with InsideUp remaining as one of the core lead sources,
based on the results provided. Today, ongoing similar results allow
TeleDirect Call Centers to provide highly accurate custom price
quotes, which, in turn, not only help close sales, but often lead to
the creation of mutually beneficial, long-term relationships with
TeleDirect and its customers, the ideal business result.
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