“Silo,”
in information industry terminology, is not a place to hold the grain on your
farm but is a data system that can’t interact or communicate with another data
system. They’re separate, not connected – silos in other words.
There
may be plenty of practical uses for information silos – but sharing data
between sales and marketing is not one of them. When you have one system for
sales, one for marketing – and never the two shall meet – you’re asking for
lost opportunity. And why would you ask for such a thing? Seriously. To align
sales and marketing, you’ve got to be able to share information.
So
take a look at your information technology infrastructure and see what you’ve
got going on. For example:
- What software systems have been implemented?
- What can they do? What are they doing?
- How many systems do you have?
- Can they be (or are they) integrated?
Software
upgrades sound like overhead to many a businessperson, and they are. But
they’re also investments that can put the technological infrastructure in place
to grow your business – without which opportunity is lost.
If
your sales and marketing systems aren’t synched, and you have to go into them
manually, you’re risking error, omissions and lost time. But when they are
synched, you’re laying the groundwork for effective lead nurturing.
As
lead nurturing is automated, the information is there for whoever in your
company needs it – emails sent, opened, clicked through, requests, contact,
proposals, service/installation records, referrals, etc.
And
here’s some of why all of this matters. According to Brian Carroll, author of Lead Generation for the Complex Sale,
only 5‑15% of the names you collect through your website/marketing campaigns
will be ready to buy from you right away.
Obviously,
in contractor terms, that assumes that this is not an emergency repair call,
but would be a home improvement that can allow time for the customer to
research options. Regardless, to keep the large majority of people not quite
ready to buy within your company’s sights, you need to nurture the lead, which
calls for consistent, relevant communication – beginning with marketing but
moving to sales at the appropriate time through one seamless system.