When an Educational Services Company spent money like it was growing on trees to support its network of distributors without any concrete sales results, they turned to LeadGen.com to solve the problem.
Discover how LeadGen.com helped their VP of Marketing take the bull by the horns!
Background
An educational systems company makes curricula for primary and secondary schools for
science, business, computers, technology, and family and consumer science. The
products are normally sold through distributors who call on school systems selling a
variety of solutions including furniture and fixtures, supplies and services.
The Problem
When selling through distributors and dealers, manufacturers must compete for their time
and attention against other manufacturers whose products the dealers carry. Dealers
generally set their priorities based on what is going to make them the most money, in the
least amount of time, and with the least amount of effort. So if you aren’t the most
profitable line, you’re likely to get short shrift – which was the case for the educational
systems company.
What They Tried
Like most companies, the firm spent thousands of dollars creating sales aids and support
material designed to help the distributors understand the product so they could sell it
better. But this only added to the burden, reducing the incentive to promote it. The firm
also participated in local trade shows, but manning the booth also had a negative effect,
since it took the reps out of the field where they would otherwise be selling.
The Solution
LeadGen.com provides marketing, lead generation, and executive appointment-setting
services for companies selling in the B2B market. On a hunch, the Marketing VP
surmised that the education market wasn’t that different, and invested in lead generation
with Leadgen.com. In a twist, though, he decided to give the appointments directly to his
distributors, rather than to his small direct sales force.
The Results
There is one thing that distributors’ sales reps value more than anything, and that’s a
qualified lead. If you can introduce him to a qualified prospect who has a need, and is
interested in talking to him about how he can help, most reps couldn’t care less that the
volume or margin are a little less. You’ve already done the “heavy lifting” of sales, and
he’ll follow you to the ends of the Earth – which is how the client generated a 600%
return on their investment.