Welcome to Direct Marketing TELEMARKETING / TELESERVICES Chapter 14 Telemarketing/ Teleservices • Changing Landscape – Do Not Call Registry – In the past most calls were made for the purpose of taking an order. Now a call to develop a relationship is just as important. – Internet • Customer support –Emails –Live help • Voice Over Internet Protocol Telemarketing / Teleservices INBOUND • Area most profoundly impacted by internet – Catalog, an infomercial, direct mail, email, blogs, Web sites, or a print ad. • Add-on sale • Domestic or International • Dealer locator programs Telemarketing / Teleservices OUTBOUND • B2B calling is the fastest growing segment • Forgo “land lines” • VOIP Telemarketing / Teleservices HIRING • Three attributes – Verbal communication skills – Ability to read a script or call guide with enthusiasm – Willingness to overcome objections • Domestic or International • Test • Outbound and Inbound skills are different Telemarketing / Teleservices • Lead-generation calls let companies prospect by phone and deploy salespeople in following up on “hot” leads • Care should be given to manage the lead flow, because a good telephone lead-generation program may produce more leads than the sales force can handle in a timely fashion Telemarketing / Teleservices • A successful outbound program depends upon four basic elements: – List or Target Audience – Offer Being Communicated – Telephone Sales Representative – Script or Message to be Communicated • The list is the most important of these elements: a well-targeted list can compensate if any of the other elements are weak Telemarketing / Teleservices • Outbound business-to-business calling involves account management rather than direct sales. • These calls seek to develop a rapport with the decision-maker and periodically make calls where no sale is attempted. Telemarketing / Teleservices • Outbound calls generally use a call guide to develop a genuine rapport and initiate a conversation with a prospect. • In regulated industries, verbatim scripts are used because creative material has to be approved both by the client’s legal staff as well as government offices. Telemarketing / Teleservices • Two sets of numbers are key to estimating telemarketing costs: – cost per call for handling inbound calls from business firms and consumers, and – cost per decision-maker contact in making outbound calls to business firms and consumers. • Outbound calls are usually of longer duration, and often require more experienced, higherpaid personnel. Telemarketing / Teleservices • All marketers must maintain “do not call” lists of customers who ask not to receive phone calls • Most consumer marketers have the added burden of purging their prospect files against state and federal DNC Registries Telemarketing / Teleservices • Compliance with state and federal “Telephone Sales Rules” is mandatory for all organizations using telemarketing • Regulators don’t hesitate to levy large fines for abuses KEY POINTS • Lead generation calls let companies prospect by phone and deploy salespeople in following up on “hot leads. • However, care should be given to manage the lead flow, because a good telephone leadgeneration program may produce more leads than the sales force can handle in a timely fashion. Key Points • A successful outbound program depends upon four basic elements: list or target audience, offer being communicated, telephone sales representative, and script or message to be communicated. • Of these four, the list is the most important. Key Points • Outbound business-to-business calling involves account management rather than direct sales. • These calls seek to develop a rapport with the decision maker and periodically make calls where no sale is attempted. Key Points • Outbound calls generally use a call guide to develop a genuine rapport and initiate a conversation with a prospect. • In regulated industries, verbatim scripts are used because creative material has to be approved both by the client’s legal staff as well as government offices. Key Points • Two sets of numbers are key to estimating telemarketing cost: – cost per call for handling inbound calls from business firms and consumers, and – cost per decision-maker contact in making outbound calls to business firms and consumers. • Outbound calls are usually of longer duration and often require more experienced, higherpaid personnel. Key Points • Compliance with state and federal “Telephone Sales Rules” is mandatory for all organizations using telemarketing. • Regulators don’t hesitate to levy large fines for abuses. Key Points • All marketers must maintain “Do Not Call” lists of customers who ask not to receive phone calls. • Most consumer marketers have the added burden of purging their prospect files against state and federal DNC registries.