Published on
Feb 2024

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◗◗Lead Retrieval Process: The importance of Standardizing and Unifying

7 min. read
The Importance of Standardizing and Unifying Your Lead Retrieval Process

When you implement a unified Lead Retrieval Process, every touchpoint with your customer is streamlined and recorded in a way that results in satisfied customers: 40% of sales professionals report finding a potential lead is the most difficult part of the sales process, according to State of Inbound’s 2017 Sales and Marketing Report. Data and the customer are now synonymous; in order to put your customer first, you must put the data first. Unifying your lead retrieval process is crucial for increasing sales, decreasing wasted time on cold leads, and using your data to your advantage.   

Lead Retrieval Process: Time is of the Essence 

In the old days of conferences and events, you were likely to collect hundreds of business cards that, unfortunately, all ended up in the outside pocket of your luggage on the flight home. 

Once back in the office and ready to do business, there was no way to distinguish which card belonged to a potential lead or one given during an introduction.  

Often, by the time you were able to follow up with an interested lead, they had moved on and found another solution.  

An analysis of  2,200 companies found they were seven times more likely to have a conversation with a decision-maker if they reached out to leads within the first hour of contact.  

Utilizing a standardized and unified lead retrieval process allows you to collect enormous amounts of data using one simple interface. You will be able to confidently make connections with potential leads immediately after they leave your presence and remain connected long afterward.  

momencio makes it Possible  

Using momencio, you will be able to showcase your brand’s assets by demonstrating slideshows, web links, and PDFs. You can add assets to a prospect’s briefing and create a personalized microsite tailored to each interaction at your booth. momencio automatically emails prospective leads with a link to the personalized microsite after your presentation ends. 

Confidently Capture Leads 

A unified lead retrieval process allows you to focus on building an engaging relationship with your customers. Because data and the customer are now the same, having access to potential leads’ data 

Econsultancy and Google in an “Audience of Individuals” report that “89% of successful businesses acknowledge it is critical to their growth that they anticipate customer needs and provide assistive experiences along the customer journey.  

 Customers expect increasingly personalized experiences in their brand interactions. So marketing leaders aren’t just closing transactions, they’re building relationships and improving the experience of existing customers.”  

 It is no longer enough to remember someone’s name and the company they work for; your potential customers expect a personalized experience throughout their customer journey.  

Lead Retrieval Process: How to Create A Personalized Customer Experience  

A 2017 Forrester Report, “Pivot to Person-First Personalization,” provides a guideline for actionable steps toward personalized customer experiences. The Forrester report provides the acronym POST, which stands for people, objectives, strategy, and technology. The POST method prioritizes strategy over implementation. Below are a few key things to remember when implementing the POST methodology. 

  1. Inform customers using relevant facts.  

Infuse a personalized experience with relevant facts, not just accessible facts.  Highlight their stated preferences, account information, or upcoming events through multiple touchpoints, including confirmations, receipts, and dashboards (momencio microsite) that help them orient and understand new information as well as what it means to their relationship with the company.  

  1. Use the interface to help guide the customer.

Use customer understanding to personalize the interface, advancing beyond static interfaces to guide your customers toward their stated goals. 

  1. Deliver content that meets the customer’s needs.

Infer the customer’s goal based on available information and then aid them in accomplishing it. 

  1. Show you care by tapping into the customer’s emotional state.

Improve the emotional bond with your customers by understanding and acknowledging moments to support or delight them through a personalized experience.  

Each of these steps will help you create a personalized experience for your leads. When you acquire key data that is easily understood and managed, you are able to tailor your entire sales process to fit the needs of a specific customer.

Relationship building and nurturing are easy to do once you know exactly what your lead needs and is interested in. Your event’s ROI will be clear, and the data collected will be easily translated into sales and conversions. 

 

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FAQs- Lead Retrieval Process: Maximizing Success at Events with momencio

  1. How does momencio enhance lead capture at trade shows? momencio streamlines the lead capture process with its easy-to-use interface, allowing for quick scanning of QR codes and business cards. This ensures that valuable lead information is accurately captured without disrupting the flow of conversation. Moreover, momencio enriches captured data with additional insights, providing a comprehensive view of each lead for more effective follow-up.
  2. Can momencio integrate with existing CRM systems? Momencio is designed to integrate seamlessly with a wide range of CRM systems. This integration ensures that lead information captured at trade shows is directly fed into your company’s CRM, maintaining data continuity and integrity. It simplifies the process of lead management and ensures that all team members have access to the most current information.
  3. How quickly can momencio send out follow-up communications to captured leads? momencio can automate personalized follow-up emails immediately after a lead is captured. This prompt engagement helps keep your brand at the forefront of the prospect’s mind and lays the groundwork for further communication. The speed and relevance of follow-up are critical factors in converting leads into opportunities.
  4. What kind of real-time analytics does momencio provide during a trade show? momencio offers a suite of real-time analytics, including booth traffic analysis, engagement levels, and the effectiveness of different follow-up strategies. These insights allow you to adjust your approach on the fly, ensuring that you’re continually operating with the most effective tactics to engage and capture leads.
  5. Is momencio suitable for companies attending multiple international trade shows simultaneously? Absolutely. momencio is designed to support businesses regardless of the scale at which they operate. For companies attending various trade shows simultaneously, momencio provides a centralized platform to manage leads from all events effectively, ensuring that no opportunity is missed due to oversight or mismanagement.
  6. How does momencio prioritize leads for follow-up? momencio uses an intelligent lead scoring system that evaluates leads based on their interactions and potential interest. This system prioritizes leads, ensuring that your team focuses their efforts on the most promising prospects first, thereby improving efficiency and increasing the chances of conversion.
  7. Can momencio help with post-trade show lead nurturing? Yes, momencio is not just about capturing and initiating follow-up; it’s also a powerful tool for nurturing leads for the post-trade show. Through personalized email campaigns, microsites tailored to individual lead interests, and ongoing analytics, momencio helps maintain engagement and guide leads through the sales funnel.
  8. How user-friendly is momencio for first-time users at a trade show? momencio is designed with a user-friendly interface that is intuitive for first-time users. Minimal training is required to get started, allowing your team to focus on what’s important – engaging with prospects and capturing leads. Additionally, momencio offers comprehensive support and resources to ensure users can fully leverage all its features.
  9. What makes momencio different from other lead management tools? momencio sets itself apart with its comprehensive suite of features designed specifically for trade show environments. Its seamless integration with CRM systems, immediate personalized follow-up, real-time analytics, and lead nurturing capabilities provide a holistic approach to trade show lead management. momencio is more than just a tool; it’s a strategic partner in maximizing trade show success.
  10. How can businesses get started with momencio for their next trade show? Getting started with momencio is straightforward. Companies can contact momencio directly through its website to schedule a demo and discuss their specific trade show needs. The momencio team will guide you through the setup process, ensuring that the platform is tailored to support your trade show goals effectively.

 

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the ultimate momencio faqs: mastering event lead management and conversion
The Ultimate momencio FAQs Mastering Event Lead Management and Conversion

Get to know momencio and why you need this event tool for sales

momencio is a revolutionary platform designed to bridge the event and sales gap, offering a holistic approach to event lead management and conversion.

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About the game: Scratch for Cheer

Welcome to Scratch for Cheer!

The holidays are a time to give and celebrate, and we at momencio want to share the cheer with you! Join our festive game, leave reviews about your experience with momencio, and unlock rewards in the form of Amazon gift cards. The more platforms you choose to review, the more cheer you unlock! Plus, you can earn extra rewards by inviting coworkers to join in the fun.

Here’s everything you need to know to participate, win, and share the cheer!

How to play

  1. Start the Game:
    • Visit the game microsite and click “Play Now”.
  2. Select Review Platforms:
    • Choose the platforms where you’ll write your reviews.
    • You can select one or more from the following:
    • Your reward depends on the number of platforms you select and complete reviews for, so choose wisely!
  3. Scratch & Reveal:
    • Play the scratch card game to discover your potential reward. This adds excitement to the experience while keeping your reward a surprise!
  4. Provide Your Details:
    • Enter your full name, company name, and work email address (personal email addresses will not be accepted).
    • This information ensures we can validate your participation and send your reward.
  1. Spread the Cheer for Bonuses:
    • Once you finish, you’ll receive a unique referral link. Share this link with your coworkers and invite them to join.
    • For every coworker who uses your link, participates, and submits proof of at least one review, you’ll earn an additional $15 bonus added to your reward!
  2. Write & Publish Your Reviews:
    • Share your experience with momencio on the platforms you selected. Make sure your reviews are thoughtful and compliant with the guidelines of each platform.
  3. Submit Proof of Your Reviews: After publishing your reviews, email proof to cheer@momencio.com. Your proof should include:
    • A screenshot or direct link for each review.
    • Your name as it appears in the review.
    • The date of the review (must be after the start of the game).

How you win

  • Your reward is based on the number of platforms you selected and submitted verified reviews for.
  • Rewards are issued as Amazon gift cards to your work email address.


Important:

  • If you select multiple platforms but do not submit proof for all of them, your reward will be adjusted to match the verified reviews. For example: If you select three platforms but submit proof for only two, your reward will correspond to the two verified reviews.
  • No proof submitted? No reward will be issued.

Terms & Conditions

  1. Eligibility:
    • Participants must be existing momencio clients or users or have seen momencio in a demo.
    • Reviews must be genuine and adhere to the review guidelines of each platform.
  2. Proof of Reviews:
    • Proof must be submitted by January 7, 2025, and include screenshots or direct links showing:
      • Your review.
      • Your name as it appears in the review.
      • The date of the review.
  3. Referral Bonus:
    • Referrals must be made using the unique link provided at the end of the game.
    • For each coworker who joins and submits proof of at least one review, you’ll earn an additional $15 bonus.
    • Referrals made without your unique link cannot be verified and will not qualify for the bonus.
  1. Reward delivery:
    • Rewards will be sent as Amazon gift cards to the work email address you provided.
    • All rewards will be issued by January 15, 2025, after reviews and referrals are verified.
  2. Fraud prevention:
    • Any attempts to submit false, incomplete, or plagiarized reviews will result in disqualification.
    • momencio reserves the right to verify the authenticity of all reviews and referrals.
  3. Game deadline:
    • The game ends on January 7, 2025. No submissions will be accepted after this date.
Key dates to remember
  • Game Ends: January 7, 2025
  • Reward Distribution: January 15, 2025
Need help? For questions or support, contact us at support@momencio.com.

momencio - AI Lead Enrichment

Overview

The AI Lead Enrichment is a proprietary service of momencio designed to simplify and enhance the
process of capturing and enriching lead information at any type of event.

By using momencio’s mobile or tablet app, you can use the device’s camera to take a clear picture of any form of identification, including, but not limited to, name tags/event badges/business cards. Our AI-driven service leverages OCR technology to identify any information captured and map any relevant data to a contact record. The contact record is then fed to our Lead Enrichment service, which creates a more complete contact record. The process provides exhibitors with the most accurate and up-to-date contact details available.

The Reality of Event Data Collection

In the dynamic environment of event floors, achieving perfect data accuracy can sometimes be challenging. Both traditional lead capture methods using event APIs and AI Lead Enrichment strive for
high accuracy, but various factors can impact the data collected:

  • Personal Email Usage: Some attendees register with personal email addresses.
  • Name Misspellings: Minor errors can occur during registration.
  • Generic Email Addresses: Use of addresses like marketing@domain.com.
  • Broad Registration Categories: Attendees might register under general titles (e.g., Biomedical
    Student).
  • Complex Company Structures: Companies with multiple sub-companies can complicate data
    accuracy.

     

AI Lead Enrichment is specifically designed to manage these scenarios, continually learning and
adapting to improve its accuracy.

Advanced Services for Lead Enrichment

AI Lead Enrichment leverages a suite of advanced tools and services to ensure the highest quality data retrieval:

  • Machine Learning: Continuously improves the accuracy of lead data.
  • AI (Artificial Intelligence): Enhances basic information with additional details.
  • Data Enrichment: Adds valuable contact details to enhance lead profiles.
  • LinkedIn Services: Provides up-to-date professional profiles.

Our Commitment to Excellence

AI Lead Enrichment excels in providing accurate data, yet certain edge cases may present challenges. These include:

  • Private LinkedIn Profiles: Some professional details might be inaccessible.
  • Personal Email Addresses: When registrants use personal rather than business emails.
  • Small-Scale Businesses: Limited online presence can affect data richness.
  • Self-Employed Individuals: Lack of company affiliation might limit available data.
  • Event Staff Contacts: Scanned badges may occasionally belong to event staff.
  • Extensive Sub-Company Networks: Complexity in identifying the correct entity.
  • Security-Sensitive Industries: Industries like military or government may have restricted
    information.


Despite these potential challenges,
AI Lead Enrichment strives to provide the best possible data,
ensuring valuable insights for effective follow-ups.

How AI Lead Enrichment Enhances Your Event Strategy

  1. Data Capture: Seamlessly capture attendee information such as first name, last name, and
    company name.
  2. Data Enrichment: Utilize AI to enhance this basic information with additional details like
    business email and LinkedIn profile.
  3. Immediate Engagement: Send personalized follow-up emails and provide links to personalized
    microsites to maintain engagement.

     

momencio’s AI Lead Enrichment innovative technology ensures high data accuracy and enrichment, significantly improving your follow-up strategies and boosting overall event ROI.

By operating independently of event-specific APIs, ULC offers versatility across various events while enhancing your lead capture and engagement efforts.

Additional Information on Event APIs

Traditional event APIs play a crucial role in modern event management, facilitating tasks like attendee data collection and session tracking. However, there are common challenges associated with these APIs:

  • Data Delays: Delays in data delivery can affect timely decision-making.
  • Inconsistent Data Quality: Variability in data quality can undermine event analytics.
  • Misleading Event Data: Issues like duplicates can lead to inaccurate attendee estimates.
  • Limited Data Scope: Traditional APIs might miss crucial information that enhances attendee
    engagement and event ROI.

     

momencio’s AI Lead Enrichment overcomes these challenges by offering enriched data with high
accuracy, making it a versatile and cost-effective alternative to traditional event APIs.

How AI Lead Enrichment Works

  1. Data Capture: Captures attendee information, including first name, last name, and company
    name.
  2. Data Enrichment: Enhances basic information with additional details like business email and
    LinkedIn profile.
  3. Immediate Engagement: Sends personalized follow-up emails and links to personalized
    microsites for continued engagement.

By leveraging momencio’s AI Lead Enrichment, you can transform event interactions into meaningful business opportunities, ensuring every lead is accurately captured and effectively engaged

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