The Ultimate B2B Sales Funnel – How to Build the Machine [SLIDE DECK]
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Transcript of The Ultimate B2B Sales Funnel – How to Build the Machine [SLIDE DECK]
THE ULTIMATE SALES FUNNELHOW TO BUILD THE MACHINE
AN COMPANY
PRESENTED BY RIC RIDDLE, VP DEMAND GENERATION
Marketing- Build list
- Promote awareness
- Identify
- Investigate
- Cold call
- Follow up
- Qualify
- Develop solution
- Present solution
- Close
5
3how it used to be
2
4
1
6
1
2
6
3
4
5
of the Buyer’s journey is complete before
a salesperson is contacted170%2743%
average number of “touches” before a
prospect becomes a client2
number of B2B sales cycles lengthened
over the past three years3
The New Normal
• Can source information when, how and where they want
• Prefer to conduct own research on own terms
• Value third party reviews over vendor claims
• More individuals are involved in purchasing decision
• Often reach solution conclusion before engaging sales
• Perception of vendors is regularly forged online
Sales in control Buyers and Influencers in control
Marketing push Buyer pull – anytime, anywhere
One to many Multiple one to one conversations
Find and interrupt Educated buyers find you
Manage relationshipsSolve problems
Ideal Client Profile
― Buyer persona by role, not just title
― Consider at least 3 buyer personas
Build a database
― Cleanse often
Scrub out duplicates, invalids, unsubscribes, “hard” bounces
― Allow for database decay
Consistently add new data records to the top of the funnel*Source: MarketingSherpa
B2B data decays
at a rate of
2.1% per month*
1 2Influencer Decision Maker
Companies win
when they treat the attention
of their prospects as an asset,
not as a resource to be strip-mined
and then abandoned.Seth Godin, Permission Marketing
• Better targeting of prospects and customers
• Customize content to buying stage
• Align marketing with sales
• Nurture prospects until ready to buy
• Alert sales of prospect buying signal
• Automate tasks so Marketing can focus on strategy
Focus on
winnable leads first
*Source: Pardot
Now which way
do we go?
This way is a
very nice way.
• Personally engage and guide prospects
• Qualify prospects before involving sales
• Enable sales with prospect intelligence
• Allow marketing to optimize based on real data
• Shared metrics for improved sales cycle velocity
• Better ROI – Sales closes deals; BDRs nurture leads
No matter what you do,
do not pass leads directly
to the sales team.Craig Rosenberg, The Funnelholic
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
• Much more than integrated campaigns
• Once engaged, keep the dialogue growing
• Build a fabric of multiple platforms
• Repurpose content across many media
• Empower employees as ambassadors
• Establish a Service Level Agreement with Sales
• Map key metrics to your revenue strategy
• Keep up with the Jones’
• Optimize effectiveness of appropriate spend
• Clearly demonstrate value to executives
3 out of 4 CEOs want Marketing
to become 100% ROI focused.*74%
1. Develop an audience of ideal Buyers
2. Invest in marketing automation
3. Establish a lead qualification group
4. Synchronize marketing efforts
5. Track, manage and measure often
Okay, so who
has a question?
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