Glossary of Terms Used in Lead Generation Workshop

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Workshop 1: Value Proposition Design


Workshop recording- 
https://youtu.be/tLojDcsHI-A  

Workshop handout - https://loudounsbdc.com/vpd-ws  

Important Terms 

 

Workshop 2: Using Your Website for Lead Generation

Workshop recording (and link to handout) - https://youtu.be/4SQNRch4x3A 

Important Terms

 

Workshop 3: Using Channel Management for Lead Generation

Workshop recording - https://youtu.be/LpAbo_06YUw 

Important Terms

    • Martech stack and maturity: A Martech stack is the marketing tools in place to progress a lead from awareness – interest – engagement to conversion. A mature stack means you have a solution for collecting and curating your contacts; a solution to connect via email, social networks and your website. A robust content pipeline that can be tailored for use in the above listed channels. Finally, the tools to collaborate to create and manage the content.   
    • Sales Funnel: A lead matures into a prospect as they progress from awareness to interest to education. The sales funnel is an effective way to visualize where to use your business’ Martech stack to accelerate that process.  
    • Sales CycleOnce a lead matures into a prospect, the three sales cycles are NOW and SOON. Prospects that are EVENTUAL sales are leads. As the naming suggests, NOW means you have a clear understanding of  their BANT and can meet those requirements. SOON means you have established some of the BANT and have a plan to determine the remainder. 
    • BANT: A prospect becomes a sale when you know what their need is; how urgent the resolution is; who can approve the purchase and that they have set aside the funds to buy your solution. Usually referred to as discovering Budget, Authority, Need and Timeline (BANT)
    • Solution Briefs: Martech content that can be used to attract, inform engage and educate. Used effectively it will enable a lead to self-qualify as a prospect based on the frequency of accessing and sharing the content. Solutions briefs are typically used to start a nurture process because they can be multimedia used for blog posts, summarized as posts on social networks and be summarized in short videos. All of which should result in lead acquisition and maturation.

 

Workshop 4: Creating Content for Lead Generation

Workshop recording - https://youtu.be/RP6DelPo4go 

Important Terms

    • Content Marketing: The strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience  — and, ultimately, to drive profitable customer action.  
    • Business Persona: Also called business personality, represents how an organization perceives, interprets, assesses, evaluates, and responds to existing and possible threats and opportunities in business. It is the composite whole of the people that make up. the organization – their behavioral interactions, values, images, processes, and customs. 
    • Target / Buyer Persona: A semi-fictional representation of your ideal customer based on market research and real data about your existing customers. It can help to understand the specific profile of your key customer segments. 
    • Message Strategy: A message strategy should comprise of a positioning statement and some points that support it. It is the key to successfully marketing your business. It's how you position yourself, it's your communication methods, and it influences every bit of text connected to your business in all the touch points with the business/brand. 
    • Message Map: A framework used to create compelling, relevant messages for various audience segments. It also serves as an organizational alignment tool to ensure message consistency. Whether you are launching your company, introducing the next big product, or preparing for other major marketing campaigns, messaging mapping is an important step in communicating effectively. 
    • Content Strategy: A content strategy is the planning, development, and management of content for print or digital publication, as related to a business' greater goals.
    • Customer Journey: A customer journey map is a visual storyline of every engagement your customer has with your service, brand, or product. The creation of a journey map puts you directly in the mind of the consumer, so you can see where you may be missing the mark, what you are doing right, and where you can make improvements across the customer lifecycle. 
    • Marketing Funnel: It is a visualization for understanding the process of turning leads into customers, as understood from a marketing (and sales) perspective. It is related with the customer journey and how the communication and content can be more effective in each stage of the experience with products and services. 
    • B2B / B2C / B2G: Business to Business, Business to Customers and, Business to Government.
    • Content Calendar: A content calendar (also known as an “editorial calendar”) is a written schedule of when and where you plan to publish upcoming content. Content calendars typically include upcoming pieces, status updates, planned promotional activity, partnerships, and updates to existing content.  

 

Workshop 5: Digital Lead Generation Small Business Roundtable (Hosted by the Loudoun SBDC) 

Coming Soon!