B2B Demand Creation
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Transcript of B2B Demand Creation
How to create the sort of
demand that your salespeople
will want to follow up on
Bob Apollo | Managing Par tner
Inflexion-Point
7 habits of highly aligned organisations
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
Why Align?
% of marketing leads “actioned” by sales
Laggard
Industry Average
Highly Aligned
Source: Aberdeen Group
Why Align?
% annual increase in marketing’s
contribution to sales forecasted pipeline
Laggard
Source: Aberdeen Group
Why Align?
% annual increase in marketing’s
contribution to sales forecasted pipeline
Laggard
Industry Average
Source: Aberdeen Group
Why Align?
% annual increase in marketing’s
contribution to sales forecasted pipeline
Laggard
Industry Average
Highly Aligned
Source: Aberdeen Group
Why Align?
% annual increase in marketing’s
contribution to revenue
Laggard
Industry Average
Source: Aberdeen Group
Why Align?
% annual increase in marketing’s
contribution to revenue
Laggard
Industry Average
Highly Aligned
Source: Aberdeen Group
The Case for Collaboration
Laggard
Industry Average
Highly Aligned
Source: Aberdeen Group
Percentage of
sales-forecasted
pipeline generated
by marketing
The Case for Collaboration
Laggard
Industry Average
Highly Aligned
Source: Aberdeen Group
Percentage of
sales-forecasted
pipeline generated
by marketing
Average
year-on-year
revenue growth
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
Agree on “Ideal Prospects”
Demographics (size, sector, location)
are a necessary foundation but not
enough
Agree on “Ideal Prospects”
Demographics (size, sector, location)
are a necessary foundation but not
enough
Much more important:
Structural factors
Environmental factors
Behavioural factors
Agree on “Ideal Prospects”
Demographics (size, sector, location)
are a necessary foundation but not
enough
Much more important:
Structural factors
Environmental factors
Behavioural factors
Most important of all:
Situational factors
Structural Factors
How are they organised?
Position in their industry?
Relative growth rate?
Key systems in place?
M&A or organic growth?
Environmental Factors
Leaders or niche specialists?
Set trends or follow them?
Regulation and legislation?
Competitive environment?
Market dynamics?
Behavioural Factors
Command-and-control or consensus?
Early adopters or laggards?
History of similar solutions?
Purchase process?
Situational Factors
Recent changes in management?
Recent changes in structure?
Changes in their markets?
New strategies?
New initiatives?
New products?
What’s changed?
Ideal Prospect Profile
Get sales and marketing together
Review recent wins and losses
Review existing prospects
Agree an “Ideal Prospect” profile
Document it
Implement it
Review and refine it
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
Actionable Issues
Interesting issues
get you considered
Important issues
get you evaluated
Only critical issues
get you bought
Actionable Issues
Interesting issues
get you considered
Important issues
get you evaluated
Only critical issues
get you bought
Why not just
focus on these?
The Problem with Critical Issues
Your prospects tend not
to own up to them to
strangers
You may need to get them
talking and earn their
trust first
The Problem with Critical Issues
Your prospects tend not
to own up to them to
strangers
You may need to get them
talking and earn their
trust first
Interesting or important
issues can get the
conversation started
The Problem with Critical Issues
Your prospects tend not
to own up to them to
strangers
You may need to get them
talking and earn their
trust first
Interesting or important
issues can get the
conversation started
So you need to
create a
pathway that
leads to a
critical issue – or
be prepared to
qualify out
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
Qualification Criteria
Target
Seems to fit the easily-observed “idea
prospect” criteria
Marketing Qualified Lead (MQL)
Enough additional information collected to be
“sales ready”
Qualification Criteria
Target
Seems to fit the easily-observed “idea
prospect” criteria
Marketing Qualified Lead (MQL)
Enough additional information collected to be
“sales ready”
Sales Accepted Lead (SAL)
Sales agrees that the lead is worth pursuing
Qualification Criteria
Target
Seems to fit the easily-observed “idea
prospect” criteria
Marketing Qualified Lead (MQL)
Enough additional information collected to be
“sales ready”
Sales Accepted Lead (SAL)
Sales agrees that the lead is worth pursuing
Sales Qualified Opportunity (SQO)
Opportunity meets minimum criteria for
inclusion in forecastable pipeline
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
Create a Cascade of Compelling Content
Traditional “interrupt driven” marketing is
increasingly ineffective:
Email open rates
Cold call success rates
Create a Cascade of Compelling Content
Traditional “interrupt driven” marketing is
increasingly ineffective:
Email open rates
Cold call success rates
Your marketing needs to attract, not repel:
Prospects hate being sold to, but they
love learning
Make them want to learn more
Take them on a journey
You need a sequence
1. Share plans, goals, metrics and rewards
2. Share definitions and qualification criteria
3. Agree about the “actionable issues”
4. Create a cascade of compelling content
5. Focus on programmes not events
6. Share one buyer-aligned revenue funnel
7. Regular reviews, continual refinement
What Happens Next?
Help keep the conversation going:
Sales conversation planners
Stories, case studies and anecdotes
Support next step in the buying process
Source: Aberdeen Group
Laggard
Industry Average
Highly Aligned
Percentage of
sales-forecasted
pipeline generated
by marketing
Average
year-on-year
revenue growth
Are you here?
Where are you today?
Source: Aberdeen Group
Laggard
Industry Average
Highly Aligned
Percentage of
sales-forecasted
pipeline generated
by marketing
Average
year-on-year
revenue growth
Are you here?
Or here?
Where are you today?
Source: Aberdeen Group
Laggard
Industry Average
Highly Aligned
Percentage of
sales-forecasted
pipeline generated
by marketing
Average
year-on-year
revenue growth
Are you here?
Or here?
Or somewhere
in between?
Where are you today?
About Us
B2B Sales + Marketing performance
improvement specialists
Clients are high growth potential B2B-
focused, technology-based companies
Our core role:
Bridging the Gaps between
Sales and Marketing
Strategy and Execution
Theory and Practice
Intentions and Outcomes
Resources
Guide to Ideal Prospect Profiles
www.inflexion-point.com/templates
10 Winning Habits
www.inflexion-point.com/scalable/
On-line Self Assessment
www.inflexion-point.com/self-assessment-2013/
See “attachments” tab
You CAN create the sort of
demand that your salespeople
will want to follow up on
Bob Apollo | CEO | Inflexion-Point
www.inflexion-point.com
07802 313300