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We have seen a tremendous rise in the interest and use of buyer personas since 2002. They will be of a big help to those using buyer personas tactically for demandgeneration, content marketing, lead nurturing, and sales. “Starving the future to feed the present is a mistake - it leads to obsolescence and stagnation.
(To learn more about how buyers are changing and how this affects demandgeneration, see the CMO's Guide To Stimulating Demand ). The concept of research-based buyer personas gives companies the knowledge and insight to make informed decisions.
Overall lead rates trended down in 2002 and from 2008 – Q3 2009—yep, just as the economy did. Understanding this can help you pinpoint your marketing investments and generate better than average results. Lead rates trail the GDP by about a quarter. Lead rates never dropped to zero. I am anxious to hear your thoughts.
One example for me would be using customer LTV (Lifetime Value) as a benchmark when making decisions on whether to spend marketing budget on specific demandgeneration efforts. January 2002, Himmelman Consulting, Minneapolis, MN. This is also a chance for Janice to determine where her sales team needs coaching.
Compared to 2002 where growth was a dismal -31% for system vendors and -18% for service providers, these are happy days. Worldwide annual growth in global IT spending is expected to be 6.3% in 2006, with annual growth in software sales leading the way at 7.0%. Annual growth in hardware sales and services are less, but still healthy at 6.0%.
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