Marketing success isn't just about generating leads. It's about strategically guiding customers through each phase of the buyer's journey. This systematic approach, known as lead nurturing, involves presenting the correct information at the time your prospects need it most.
When it comes to lead nurturing, one of your most potent tools is content marketing. According to BPM Online, which offers a platform for process-driven CRM, B2B marketers overall allocate 28% of their total marketing budgets to content marketing. However, companies that achieve the best returns from this channel tend to allocate up to 46% of their budgets to content marketing.
The Three-Phase Framework for Lead Nurturing
Ready to get started? There are three distinct phases that prospects move through on their path to purchase, and content marketing plays a critical role in each.
Phase One: Building Awareness
The initial phase focuses on attracting attention and establishing credibility. Your goal here is simple: offer valuable resources without asking for anything in return. Create brand awareness with direct mail. Drive them to your website where you can offer helpful white papers, research studies, and webinars. This is where you prove your expertise and earn trust.
Phase Two: Deepening Consideration
Once prospects understand their challenges and recognize potential solutions, they enter the consideration phase. Now you're positioning qualified opportunities as warm leads that your sales organization can actively engage.
The content at this critical juncture should be carefully selected to support those sales efforts. Think case studies, comparison charts, and market analysis.
Phase Three: Facilitating Evaluation
In the final phase, you're engaging only with your most qualified, sales-ready prospects. Your objective is to eliminate friction and make their buying decision as straightforward as possible. Offer product demonstrations, customer success narratives, and video testimonials that showcase real results.
The Cost of Neglecting Lead Nurturing
Here's a sobering statistic from BMP Online: a staggering 79% of qualified marketing leads fail to convert into actual sales opportunities. The culprit? Insufficient lead nurturing. This isn't a gap you can afford to ignore.
If you're looking to enhance your lead nurturing capabilities, our team of business development specialists is here to help. Reach out today to explore how we can optimize your approach and drive better results.
