Aligning A Content Marketing Strategy to A B2B Marketing Funnel - a #MassTLC Presentation
Discover the Real MVP of Your B2B Sales Funnel
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Transcript of Discover the Real MVP of Your B2B Sales Funnel
DISCOVER the REAL MVP of YOUR SALES FUNNELHINT: IT’S NOT YOUR PROSPECT
AN COMPANY
PRESENTED BY RIC RIDDLE, VP DEMAND GENERATION
Ask questions, comment, or Live
Tweet using the hashtag:
#MVPWebinarFor a chance at a $50 Amazon gift card
• Why too many leads can be bad for funnel health
• Why your salespeople should not prospect
• How to accelerate lead flow in your sales funnel
• How to build the perfect team
Twitter: @SalesStaffLeads; #MVPWebinar
70% of the Buyer’s journey
is complete before a
salesperson is contacted2
When sales and marketing teams are in
sync, companies became 67% better
at closing deals3
Sales reps ignore half of
all marketing leads4
1. 101 B2B Marketing and Sales Tips from The B2B Lead; 2. Sirius Decisions; 3. Marketo; 4. 101 B2B Marketing and Sales Tips from The B2B Lead
53% of sales time is
wasted on unproductive
prospecting1
Twitter: @SalesStaffLeads; #MVPWebinar
Marketing
• Is measured on total leads generated
• Is compensated for reducing lead cost
• Is not empowered with technology
• Is not enabling the sales conversation
Twitter: @SalesStaffLeads; #MVPWebinar
Sales
• Does not trust the leads from Marketing
• Wants all of the leads…quickly
• Does not follow up quickly…or at all
• Treats every lead the same
Twitter: @SalesStaffLeads; #MVPWebinar
1. Establish a Service Level Agreement
2. Link performance to revenue
3. Integrate data, marketing and sales technology
4. Enable the selling discussion
5. Communicate, measure and analyze often
8% of B2B
companies say they have tight alignment between sales and marketing.
That means that 92%of B2B organizations
have a marketing and
sales alignment problem.
Twitter: @SalesStaffLeads; #MVPWebinar
Expensive use of resources
Distracting – lack of focus
It’s not in their DNA
Short term fix – does not scale
Not trained, motivated or compensated
Doesn’t align with today’s Buyer
Twitter: @SalesStaffLeads; #MVPWebinar
Touch 1
Touch 3
Touch 2
Touch 4
Touch 5
Touch 6
Touch 7
Touch 8
Touch 9
Touch 10
Touch 11
Customer
50% of salespeople have given up
65% of salespeople have given up
79% of salespeople have given up
89% of salespeople have given up
You are becoming a factor in your prospect’s mind
By nurturing, your prospect is getting to know you
You are probably the only person to
make 8 contacts with this prospect
You are earning top of mind awareness
When this prospect is ready to buy, you
have a 90% chance of being called
Source: Microsoft
Prospect
Twitter: @SalesStaffLeads; #MVPWebinar
Sales Accepted Leads x Win Rate (%) x Average Sales Price
Average Length of Sales Cycle
Twitter: @SalesStaffLeads; #MVPWebinar
SALs (meetings) 10
Win Rate 25%
A$P $100K
Sales Cycle 60 days
Pipeline velocity = 4.16
SALs (meetings) 12
Win Rate 25%
A$P $100K
Sales Cycle 50 days
Pipeline velocity = 6.0
44% Improvement
Twitter: @SalesStaffLeads; #MVPWebinar
Marketing Qualified
Lead
Inbound Lead Reps
Outbound Prospecting Reps
Sales Closers
Twitter: @SalesStaffLeads; #MVPWebinar
• Personally engage and guide prospects
• Qualify prospects before involving sales
• Prospect intelligence to assist marketing and sales
• Rapid lead response time – superior conversions
• Metrics designed to improve sales cycle velocity
No matter what you do,
do not pass leads directly
to the sales team.Craig Rosenberg, The Funnelholic
Twitter: @SalesStaffLeads; #MVPWebinar
“I am not a lead or a click”
“I am not a persona”
“I am not a transaction”
“I don’t want to be in your funnel”
“I research everything”
“I trust no one”
“I can’t say yes, but I can say NO”
Twitter: @SalesStaffLeads; #MVPWebinar
Prospect Inquiry/Behavior
•Website interaction
•Email / Phone
•Event / Campaign
MQLMarketing
Qualified Lead
•Fits Ideal Prospect Profile
• Total Lead Score >X
• Lead qualification begins
SALSales Accepted
Lead
•Verify Influence
•Confirm Interest
•Guide to Sales
SQLSales Qualified
Lead
•Add to sales pipeline
•Forecast
•Revenue
Closed Won/Lost
• Proliferate
• Analyze
Prospect Prospect
Prospect
Prospect
Prospect
Prospect
Prospect Prospect
Prospect
Prospect
Prospect
Prospect
MQL
SAL
SQL
Client
Nurture
Nurture
Nurture
Twitter: @SalesStaffLeads; #MVPWebinar
107%
Better lead
conversion rate
21%
Improved
pipeline velocity43%
Greater average
deal size
32%
Twitter: @SalesStaffLeads; #MVPWebinar
Telemarketing and cold calling are rapidly
becoming extinct.
David Balzen
Founder & CEO, SalesStaff
If you build an effective lead
generation machine, it will drive
results even if your salespeople
and process aren’t perfect.
Twitter: @SalesStaffLeads; #MVPWebinar
OUTBOUND
• Engage in human
conversation
• Guide decision
making process
• Qualify best
relationships
• Determine authority,
issues, pains
INBOUND
• Establish thought
leadership
• Earn Buyer trust
• Cultivate best
relationships
• Determine interest
SM
Twitter: @SalesStaffLeads; #MVPWebinar
SalesStaff.com
888.591.8022
info.salesstaff.com
@SalesStaffLeads
SalesStaff, LLC
SalesStaff LLC
Ric RiddleVice President, Demand Generation
832.539.2127
: linkedin.com/in/ric.riddle
Twitter: @SalesStaffLeads; #MVPWebinar