Lead scoring has evolved, have you?

Posted by | July 03, 2014 | Featured, Lead Scoring | No Comments

The way marketers use lead scoring to find ideal fit prospects has evolved over the years. For most marketers, lead scoring is based on the prospect’s profile attributes and how they match the organization’s ideal profile definition. The profile score provides insights into what an ideal lead looks like, so marketers can create campaigns for that audience. Profile score includes factors such as title, company size, revenue, geographic location, as well as technical data and previous marketing efforts that have led to conversions.

For Right On Interactive, this is only the first phase of lead scoring or what we refer to as 3D Scoring. In addition to profile scoring, we utilize engagement scoring as well. Engagement scoring indicates a prospective customer’s level of interest, based on their past activity and engagement with your brand. Engagement measures the following things:

  • Email Responses: Simple enough. Are they opening your email responses and reading them? Are they responding to you?
  • Web Activity: Are they checking out your website? Are they downloading your resources? How often?
  • Sales Engagement: Are they meeting with your sales representative face to face or virtually? Are they having phone conversations?
  • Purchase History: Have they bought from you before and if so, how often?
  • Social Conversations: How connected and active are they with you on social media platforms?

The third piece of the 3D Scoring puzzle takes into consideration where a contact is in their journey with your brand. We refer to this as the lifecycle stage. This last piece is crucial as marketers, sales representatives and client success managers all communicate differently with contacts who are in different stages of the company’s lifecycle. Take for example a first-time visitor to your website versus someone who recently purchased a good or service. Both may have the same profile score and even similar engagement, but their lifecycle stages are drastically different and determine not only the message they should receive but also who should send it.

By taking into account the lifecycle stage, profile and engagement scores in a comprehensive view of a contact, leads and customers alike can be scored from a more effective three-dimensional perspective. Not only can this method improve communications and conversions, but it can also help measure the success of sales, marketing and client success teams.

For more information on lead scoring, check out this infographic or download our Action Guide to Lead Management Success.

 

The following two tabs change content below.

Zach Ashton

Social Media Intern at Right On Interactive
Zach is senior at Hanover College in Hanover, Ind. He is pursuing a bachelor's degree in English and will graduate in May 2015.

Latest posts by Zach Ashton (see all)

WIN new business. KEEP current customers. GROW the right relationships. Start Now