When building a strong marketing and sales team, nearly every company understands the value of marketing specialists and conventional sales representatives. Marketers execute outbound and inbound marketing strategies to attract leads.
Sales representatives engage leads and complete the sales process. Between marketing and closing sales, numerous cracks can appear within your sales pipeline. This is where the need for representatives capable of lead management can transform your marketing efforts and help increase revenues.
Bridging the Gap Between Lead Generation and Closing Sales
The most effective way to convert leads to sales is to efficiently qualify prospects. During the lead generation process, the role of sales business development representative (BDR) helps to expedite hot leads to your sales representatives while also managing warm and cold leads. These specialists bridge the divide often missing from the moment a prospect engages your brand and when key decision makers are ready to purchase.
An experienced BDR team is an integral part of any company’s sales team executing tasks with skill and precision. Generally, BDRs are responsible for outbound lead prospecting, qualifying customers, building relationships, and representing the company often as the point of first contact. It is the job of the sales BDR to take the lead in the sales process and help the internal sales reps close the deal. This is especially important in new product development, expanding into new markets, and nearly every B2B sales process where leads must be nurtured through a lengthy or complex sales cycle.
Valve+Meter Performance Marketing’s outreach team is chock-full of higher-performing business development representatives. As an outsourcing lead generation partner with a proven track record of success, our mission is to identify business opportunities and generate leads that will keep your sales pipeline from running dry without having to overtax your budget and your existing sales and marketing teams.
Learn all about the roles and responsibilities of a BDR from the best in the business, and let us help you build a foundation of outbound leads with a higher likelihood of success!
Roles and Responsibilities of a Business Development Representative
The term business development representative refers to outbound marketing campaigns. Inbound marketing specialists are known as a sales development representative. These terms are often interchangeable because both roles are responsible for lead management, researching potential clients and frequently are the initial contact for your marketing efforts.
At Valve+Meter, we understand that our business development representatives are the tip of the spear for your sales efforts, and we take that very seriously. Our BDRs are confident in their approach and can cultivate a long list of actionable qualified leads that a professional sales executive can close with ease.
Hiring versus Outsourcing Sales BDR
Every business and marketing strategy is unique. In some sales models adding an internal business development representative or building an entire team is possible. For many small to medium sized business leaders, there are clear benefits to outsourcing sales BDR services to professional marketing. Before you choose what options are best for you, gaining a clear understanding of what a sales BDR does within your sales process is key.
A key step of sales BDR is a deep understanding of your products and services. Additionally focused targeting determines the ideal markets and buyers your marketing will reach. In cold calling and outbound prospecting, these steps reduce costs, improve performance, and help to build more individualized messages.
V+M’s business development reps work hard to understand your company’s target market and are able to identify potential customers and create leads for your sales team. Each business development rep has experience in generating qualified prospects by researching their needs and determining if they are a good fit for the company’s products or services. This helps us filter out any cold leads and feed your internal sales team a robust list of piping-hot leads.
From the first point of contact, sales BDRs work to gain credibility, authority and trust for your brand. Throughout sales qualifying and sales appointments, BDR establishes a rapport with your prospective clients. The nuanced skills of an ambassador help to guide cold leads to consider your products and services. While a conventional sales rep is keenly focused on closing a deal, BDRs are most often working toward the first stage of the sales process where a prospect moves from the engagement phases to the consideration stage.
Our business development reps are skilled in the art of relationship-building. One of the most underappreciated parts of the sales process is being able to relate to a prospect on a personal level. You wouldn’t leave your keys to your business with a stranger. Customers are far more likely to buy what you’re selling if they have a connection with the person they are talking to.
Once trust has been established, our sales development reps can effectively and professionally communicate your company’s value proposition, promote the features and benefits of your company’s products and services, and set up meetings with your internal sales team to close the sale.
Business Development Representative Requirements
The ideal BDR will have a potent combination of education, sales experience, skills, and knowledge. While many of these qualifications seem similar to a traditional sales rep, there is a key distinction in personality and demeanor of most BDRs.
Decision makers within many businesses are well educated and experienced. A sales BDR must be capable of understanding their pain points and presenting solutions in terms that are relevant and accurate. This means education, experience, or a combination of both help represent your brand well.
Each business development representative at Valve+Meter has at least a bachelor’s degree in business, marketing, communications, or another related field. They have been educated on the finer points of outbound lead qualification and sales process savvy by some of the Midwest’s top business and marketing schools.
An experienced sales rep can be converted to a BDR but needs initial and ongoing training. A new hire and building a team will come with some pain points of your own.
Experience on the job is a top priority. Especially in an outsourced setting like ours, a BDR team comes with a wealth of experience. Each sales rep is a seasoned cold-calling and outreach veteran with the battle scars to prove it. Our team is excellent at setting outbound sales meetings and driving new leads into your sales funnel.
Each business development representative boasts the cold-calling and prospecting skills needed to decipher good from bad in terms of leads. We have outbound and inbound lead qualification experience, which gives each business development representative and sales development representative a unique perspective on the sales process that other outsourcing partners do not have.
We also have strong interpersonal communication skills and analytical and problem-solving skills. These skills go a long way in establishing your business’s preferred buyer personas and qualifying prospects that will likely buy your products and services.
Knowledge of a company’s products and services is key to opening up new markets with promising leads. If your BDR also has wisdom about the world, industries, and marketplaces, then they can communicate with your target decision makers.
Continuous training helps convert experience to knowledge. Our BDRs focus their attention on your unique value proposition and then identify new business opportunities based on the pain points of the customer base they are targeting. With a solid understanding of the services we are promoting and the customer data to back up our efforts, we are confident that our business development team will get you more leads generated than the competition.
Valve+Meter's Strategic Approach
Valve+Meter’s BDRs take a strategic approach to sales prospecting and lead generation. This includes researching the market, leveraging technology, and setting goals.
Researching the Market
As we have stated multiple times, market research is a crucial part of the sales process. Our BDRs familiarize themselves with their target market, identify potential customers in need, and have the business acumen to start the sales conversation while prospecting outbound leads. This gives our partners a leg up by effectively serving up and qualifying leads in larger quantities.
Leveraging technology is also important for sales BDRs. This can be one of the biggest hurdles when building your own team. Outreach applications including Apollo.io, ZoomInfo, Ocean.io and Outreach.io help to find leads and reach more customers. Sales BDRs train and understand the complexity of these platforms and applications. Our BDRs are also well-versed in all the major customer relationship management (CRM) tools like Salesforce, Hubspot, and Pipedrive. They use these platforms to track customer data, keep track of customer interactions, and store customer information for future use. This technology allows our BDRs to manage their relationships in a more organized and efficient way.
Cold calls and meetings scheduled are the two key performance indicators (KPIs) for a business development rep at V+M . Our BDRs set daily, weekly, monthly, and quarterly goals to ensure our clients get as many qualified leads into the sales pipeline as possible.
Grow Your Business With Our BDR Team
Building a sales development team of business development can be cost prohibitive for smaller companies and medium sized companies. Especially if you need sales development representatives for inbound lead qualification, outsourcing sales development aids in prospecting outbound leads.
At Valve+Meter Performance Marketing, our business development representatives (BDRs) can be an essential piece to your outbound marketing strategy. We are experienced in generating leads, prospecting and qualifying customers, building relationships, and representing your company in a professional manner as the first point of contact.
With our outreach team’s unique combination of education, experience, and business acumen, we can bring a more reasoned and strategic approach to your sales process, and cultivate professional relationships with potential customers. Start a conversation with us today! Contact Valve+Meter to learn more about how our BDR team can transform your business.