What Can Make Business Lead Generation In Malaysia Fail?

Posted by Dara Lin
3
Apr 4, 2013
737 Views
Even if you have prepared for your business lead generation campaign well, there will be a possibility that you will fail. And if we put that in terms of your business in Malaysia, that can spell real trouble. Given the level of competition, as well as challenges faced by your firm, you need a steady source of sales leads to keep your business going. A lot of companies these days often fail because of various business factors, and if they do not identify what these factors are, this will only continue. But what exactly can make your lead generation campaign fail? What keeps you from generating B2B leads? If we condense these various reasons, you will come up with five main culprits:

  1. Missed objectives - okay, this is bad news, and is something that your sales and marketing team should talk about. But, in retrospect, how sure are you that your objectives are realistic enough? Are you truly setting up business parameters that are accurate enough? Or are you just randomly selecting a sales figure, trying to sound impressive by aiming for something so high? That can be a real morale killer in your appointment setting team.
  2. Insufficient B2B leads - this is also related to the factor mentioned above. When you set up unrealistic objectives, you tend to overstretch the efforts of your marketing staff in their lead generation campaign. Besides, there is also the medium you have used to do the job. For example, normally, telemarketing will be very effective in reaching prospects. But if your targets are more web-based, then you really are not producing any results.
  3. Bad forecasts - this is one of the biggest stumbling blocks in your campaign. When you fail to accurately predict what the next market trend will be, you will just be inviting disaster on yourself. Remember, forecasting can be rather unpredictable, so you should put some effort into making it as closest to what will happen as possible. You need that to survive.
  4. Ineffective sales teams - this is what usually happens when you hire the wrong people for the job. This is quite glaring if you are outsourcing the work. Sure, their salaries may be within your budget, they may be good with relationships, but if they cannot bring you the results you desire, you are bound to fail in your campaign. So you should choose your marketing partner well.
  5. Profits being wasted - have you ever experienced stepping back on a campaign, and realizing that the business sales leads you have been chasing are actually costing you more than what will profit you? How about clients that are asking too much from you? These are just some examples of what will happen if you fail to identify your revenue generators right.

The point of all this talk is to help you identify which are the factors that can affect your lead generation campaign in Malaysia. Still, as long as you make the proper adjustments, you will be able to get the B2B sales leads that your business needs.
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