SUMMARY: If you think you know the best day or time to follow up on a Web-generated lead, you're probably wrong. New research that will be revealed exclusively at MarketingSherpa's B-to-B Demand Generation Summit next month may help rewrite the rules on when marketers should activate their sales team to get the best results.
We're giving you a sneak peek at one marketer's results from the study, and we guarantee that you'll be surprised. Includes answers to:
- How many hours to wait before calling
- What time of day gets the best conversion rates
- Which day gets the most completed calls
Like most marketers who dread letting hot leads go cold, Steve Fitzgerald and Steve Heath of FranklinCovey rely on a telemarketing team to contact Web users who abandon online shopping carts for their time management-training workshops.
Heath, who manages the call center, tried placing follow-up calls 15-30 minutes after prospects bailed out of the online registration forms. But the results were terrible. Not only did they fail to convert leads into sales, they offended their customers.
"To get to the payment screen, you have to put in your contact info, but many customers don't finish the process because they didn't want to put in their credit card information. When you're spending $299-$1,500, you typically need approval from a manager or the finance department before making that type of purchase," said Fitzgerald, Director Public Programs.
Heath and Fitzgerald realized that an immediate follow-up call didn't give prospects enough time to get necessary approvals, but they knew they needed to move quickly enough to make sure buyers remained motivated.
To get answers, they pored through nearly 18 months of call center data. Their an ...