CRM Lead Management with BANTS scoring
- Most scientific lead management for faster conversions
Lead Scoring, Lead Qualification, and Lead Management Software
Lead scoring and lead qualification are important steps in any CRM lead management software. It is important to implement an integrated scientific framework using lead management tools to make your lead management process efficient and effective.
HappSales lead management software powered by the BANTS lead scoring model provides a scientific process to help you exponentially improve your business.
Extending BANT lead scoring to the powerful BANTS model
The BANT lead scoring framework helps your marketing team to qualify leads by assessing the prospect for Budget (B), Authority (A), Need (N), and Timeline (T).
The new BANTS lead scoring model also includes one more parameter called Solution Fitment (S).
Score your leads based on –
- Budget (B) – your assessment of the prospect’s budget
- Authority (A) – the contact’s ability to influence or make the decision
- Need (N) – your understanding of the prospect’s needs and requirements
- Timeline (T) – the prospect’s timeframe for making the decision
- Solution Fitment (S) – your solution-fitment to meet the prospect’s requirements
Steps involved in HappSales CRM Lead Management Software
- Step 1 – Your marketing team member connects with the prospect and assigns a score against each of the above parameters.
- Step 2 – HappSales lead scoring algorithm calculates an overall lead score
- Step 3 – Based on the lead score, the lead is categorized as one of the following – Hot, Warm, or Cold.
- Step 4 – Marketing creates a “Marketing Qualified Lead” (MQL) and assigns the lead to a respective sales team member for him or her to further pursue the opportunity.
- Step 5 – Sales team member further qualifies the lead into a “Sales Qualified Lead” (SQL)