B2B Marketing - Driving Real Returns From Your...
Transcript of B2B Marketing - Driving Real Returns From Your...
© Copyright OGaraCo 2018
Why Your Martech Fails To Deliver
Driving Real Returns From Your Investment
Adrian O’Gara | Consultant | O’Gara-Co
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How good was your martech implementation?
© Dataxu | Modernizing the Mix: Transforming Marketing Through Technology and Analytics
Not Good
Good in Parts
Very Well
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Top 3 Challenges of B2B Marketing Automation
Integrating data from different systems
People factors - sales & marketing adoption
Setting up & tracking ROI
Minor Moderate Major Challenges
10%
19%
20%
41%
34% 56%
40%
37%43%
© SmartInsights & Communigator | Managing B2B Marketing Automation
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It’s not the car you’re driving...
...it’s the person driving it!
© Copyright OGaraCo 2018 © Salesforce | State of Marketing (4th Ed.) | Percentage who say their current technology stack is extremely or very effective at delivering the above (partial list)
High performing teams rely on martech
LOW MODERATE HIGH PERFORMING Collaboration across the business
marketing, sales, services...
Collaboration across marketing brand, comms, digital, events...
Increased productivity better results, ROI...
Better analytics/insight...
Improved marketing efficiencies automating tasks...
More efficient spendingbudget/channel management...
More cohesive view of customer data...
For 2-3 times better collaboration, insight & productivity
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First
Marketing Alignmentthen
Stakeholder Alignmentand
Continuous Improvement
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Case Study
“ROI Award in the Sales and Marketing Alignment category, for a data-driven and efficient revenue engine
aligned around key growth strategies.”
Case Study
Interfacing with the global sales team we were able to deliver an additional €3.5M of marketing sourced revenue in our first year, a 50% YOY increase in Sales Accepted Leads to pipeline, while reducing overall spend by 20% vs
the previous year.
“”
◉ 100% YOY increase in marketing sourced revenue
◉ 50% YOY increase in Sales Accepted Leads
◉ 20% reduction in overall marketing spend: increasing ROI
Craig Beddis former CMO
Results More Revenue With Less Budget
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Transform customer facingteams to align & focus on growth
PEOPLE
Joined-up lead-to-revenue process mapped to the customer
journey
PLAYBOOKS
Aligned Goals via CRM,
Marketing Automation & BI
PRODUCTIVITY
➊PURPOSE &
CULTURE
➋CAPABILITY & ORG DESIGN
➍REGIONAL REVENUE
TEAMS
➎REGULAR
INTERLOCK
➌GLOBAL DEMAND CENTRE
➏LEAD MGT &
NURTURE
Transform Sales & Marketing to jointly partner & focus on growth
PEOPLE
Purpose | Culture Capabilities | Org Design
Team & Company Alignment
Joined-up lead-to-revenue process mapped to the customer journey
PLAYBOOKS
➌GO-TO-
MARKET
➊LEAD-TO-REVENUE
➋PRODUCT/
MARKET FIT
➍ENABLEMENT& LANGUAGE
➎AGILE
SCRUM
➏INTEGRATE
BACK OFFICE
Customer Alignment | Strategy Go-to-Market | Campaigns | Enablement | Governance
Aligned Goals via CRM, Marketing Automation & BI
PRODUCTIVITY
➌MARKETING
AUTOMATION
➊KPIs
BMOs / OKRs
➋ADOPT CRM +INTEGRATION
➍PROJECT
PLATFORM
➎REALTIME
ANALYTICS
➏BOARD
REPORTING
Insight & KnowledgeLearning & Development
Systems & Platforms
In the past four years, due to considered improvement initiatives, marketing contribution to creating pipeline has grown from 17% to over 60% marketing sourced opportunities. “ ”
Results: More Revenue With Less Budget
◉ 100% YOY increase in marketing sourced revenue
◉ 50% YOY increase in Sales Accepted Leads
◉ 20% reduction in overall marketing spend: increasing ROI
Webinar Automic CA: Beyond Sales & Marketing Alignment bit.ly/b2balignwebinar
Dr Chris Boorman current CMO
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LEAD GENERATION
DEMAND GENERATION
REVENUE GENERATION
VALUE GENERATION
ACTIVITY GENERATION
Where are you on the Value Journey?
© Copyright OGaraCo | B2B Value Journey™
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GOALS & OBJECTIVES CATEGORYMEASURES &
METRICSPROCESS & CHANNELS
SKILLS &ORG DESIGN
PLANNING &BUDGETING
STRATEGY & TACTICS
Quantity of leads➊ Lead volume By tactics(budget cut risk)
Throw & stick: volume based
Number of opens, clicks & raw leads
LEAD GENERATION
Quality of leads➋Marketing
performance measurement
Based on reverse funnel metrics
(justified budget)
Global demand centre & regional
field teams
Multiple channel inbound & outbound
Marketing Leads: Mktg Qualified; Sales Accepted; Sales Qualified
DEMAND GENERATION
Value of leads &
opportunities➌Current/future
pipeline & revenue estimates
Global demand centre & regional
revenue teams
Multichannel inbound
+outbound
Marketing & Sales sourced/influence
leads, opps & revenue
REVENUE GENERATION
Customer lifetime value➍
Business performance management
Future predictive customer value
Fully integrated marketing, sales,
services CX teams
Advanced optichannel with ABM &
social selling
Predictable multi-year lifetime
value
VALUE GENERATION
Tactical activities➊ Requestor led & reactive
Ad hoc/reactive (budget cut risk)
Limited skills & resources Sales support Number of
emails/events/etcACTIVITY
GENERATION
© Copyright OGaraCo | B2B Value Matrix™
0
B2B VALUE MATRIX™ Map Your Priorities & JourneyTO
DA
Y<<
TO
MO
RR
OW
Revenue performance management
Mixed skills: global or regional
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Purpose | Culture Capabilities | Org Design
Team & Company Alignment
PEOPLE
Customer Alignment | Strategy Go-to-Market | Campaigns | Enablement | Governance
PLAYBOOKS
Insight & KnowledgeLearning & Development
Systems & Platforms
PRODUCTIVITY
© Copyright OGaraCo 2018
TRUST&
COMMITMENT
PEOPLE
DIRECTION&
ACCOUNTABILITY
PLAYBOOKS
INSIGHT&
LEARNING
PRODUCTIVITY
Webinar Automic CA: Sales & Marketing Alignment bit.ly/b2balignwebinar
Webinar B2B Marketing Automation bit.ly/b2bautowebinar
Guide B2B Marketing Automation bit.ly/b2bmaguide
Guide Account Based Marketing & Sales bit.ly/b2babmguide
Worksheet Revenue Funnel Templates bit.ly/funnelsheet
OGaraCo Blog Alignment, ABM, Automation ogaraco.com/blog
Find out more