Business Bankers – Appointment Setting Case Study

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Business Bankers – Appointment Setting Services

Goal – To generate a steady flow of “new business” appointments targeting companies with revenues from $2.5M to $10M.

Background – In the fall of 2014, we developed an appointment setting campaign for a regional bank that has 80+ branch locations inside of three major metropolitan areas – their goal was to generate a steady flow of “new business” meetings and to test appointment setting as the method to create increased sales activity. Over 20 business bankers were to participate in the program.

Preparation –
1st – We wrote a message for the telemarketers that professionally represented the bank. The call strategy was low-key and focused on asking decision makers about their current banking relationships and probed into upcoming bank needs.
2nd – Dunlap Marketing built a specific prospect database around companies that produced annualized revenues ranging from $2.5M to $10M inside specific industry classification, targeting headquarter or single location facilities. Once the database was built, we suppressed existing bank customers from the list.
3rd – Internal processes were setup for scheduling appointments and distributing them to the appropriate bankers. CRM applications were built to properly track and manage sales activity. Bankers were held accountable to report on the outcome of every appointment assigned to them.
4th – Kickoff meetings were conducted in all three markets to assure that the calling staff and business bankers were all working in unison with messaging and proper qualification requirements for each appointment set.
5th – Implementation of the calling campaign started and a few days later, appointments were being delivered to the bankers, and steady flow was established and maintained month over month.
6th – Management review meetings were held monthly between the bank and Dunlap Marketing to assess the campaign and modifications were made as necessary to meet bank goals.

Actual Results – 379 appointments were scheduled for the business bankers – after the first meetings occurred, bankers reported:
o 64 of the 379 were considered “immediate opportunities” and
o 138 of the 379 were “interested, requiring follow up steps”
o Significant sales momentum was established that carries into 2015

Because of these sales results, Dunlap Marketing was awarded an agreement to continue appointment setting services throughout 2015.

Summary – The opportunity to significantly increase new business growth is high for our bank clients and the risk is very low. Our pricing is built around a performance-based model; therefore you pay for the appointments we set. Additionally, Dunlap Marketing prides itself on presenting a very professional image to prospecting. Our services are intended to complement business development activities already in place with bankers.

These services are not for every bank – a 15 minute conversation should be sufficient in determining if Dunlap Marketing can become an asset to your business growth in 2015. Please let us know if you have interest in a brief conversation.

Contact Information:
Mike Dunlap
Phone: (877) 386-6275 or (281) 496-9870 ext. 140

Interview #1 with a bank client – click here

Interview #2 with a bank client – click here