Why Sales NEEDS Marketing to Make Quota

29
REALITY CHECK: Why Sales NEEDS Marketing to Make Quota Anne Marsden Principal, Marsden & Associates Thursday, June 19 th at 3:00 PM

Transcript of Why Sales NEEDS Marketing to Make Quota

Page 1: Why Sales NEEDS Marketing to Make Quota

REALITY  CHECK:  Why  Sales  NEEDS    

Marketing  to  Make  Quota  

Anne  Marsden  Principal,  Marsden  &  Associates  

Thursday,  June  19th  at  3:00  PM  

Page 2: Why Sales NEEDS Marketing to Make Quota

Sales  and  Marketing    Need  to  Play  Together    

www.MarsdenAssociates.com    

Image  Source:  LSP  Consulting  

Page 3: Why Sales NEEDS Marketing to Make Quota

How  Sales  Feels  

www.MarsdenAssociates.com  

Page 4: Why Sales NEEDS Marketing to Make Quota

How  Marketing  Feels  

www.MarsdenAssociates.com  

Page 5: Why Sales NEEDS Marketing to Make Quota

…and  buyers  are  changing  

www.MarsdenAssociates.com  

Page 6: Why Sales NEEDS Marketing to Make Quota

www.MarsdenAssociates.com  

Image  Source:  Marketo  

Unprecedented  Changes  in  Buying  Behavior  

Page 7: Why Sales NEEDS Marketing to Make Quota

So,  now  what?  

www.MarsdenAssociates.com  

Page 8: Why Sales NEEDS Marketing to Make Quota

Step  1:  Get  Found  

www.MarsdenAssociates.com  

Page 9: Why Sales NEEDS Marketing to Make Quota

www.MarsdenAssociates.com  

Image  Source:  Business2Community  

Page 10: Why Sales NEEDS Marketing to Make Quota

Thought  leadership  (speeches,  presentations,  OpEds),  Videos,  Infographics  ,  Industry  data/

research,  Surveys,  Lists,    Articles,  Quizzes,  Blog  posts  

White  papers,  Data  sheets,  Analyst  reports,  ROI  calculators,    Webinars,  Newsletters,  Demos,  Buying  guides,  

Case  studies,      eBooks          

Sales  Presentations,                            Testimonials  Pricing  guides      In-­‐person    events                                                                                                                                                        

SALES  Ready to Buy

Preparing RFP & Making Short List

Identify Problem. Research & Create

Internal Business Case

Step  2:  Right  Info  -­‐  Right  People  -­‐  Right  Time  •  B2B  buyers  are  often  more  than  halfway  to  a  buying  decision  before  talking  to  sales  

www.MarsdenAssociates.com  

MARKETING  

Page 11: Why Sales NEEDS Marketing to Make Quota

Step  3:  Speak  a  common  language  

www.MarsdenAssociates.com  

Image  Source:  Fun-­‐damentals.com  

Page 12: Why Sales NEEDS Marketing to Make Quota

Who  is  a    “Lead”?  

•  A  person  who  downloaded  something    is  not  a  lead.      

•  A  tradeshow  visitor  is  not  a  lead.  

•  A  demo  participant  is  not  a  lead.      …but  someone  who  does  all  three  might  be  a  lead.      

www.MarsdenAssociates.com  

Page 13: Why Sales NEEDS Marketing to Make Quota

Step  4:  Marketing  Automation  

Source:  Forrester  www.MarsdenAssociates.com  

Image  Source:  Forrester  

Page 14: Why Sales NEEDS Marketing to Make Quota

Step  4:  Marketing  Automation  (Continued)  

Source:  Marketo  www.MarsdenAssociates.com  

Image  Source:  Marketo  

Page 15: Why Sales NEEDS Marketing to Make Quota

MA:  Hot  But  With  a  Long  Way  to  Go  

www.MarsdenAssociates.com  

Page 16: Why Sales NEEDS Marketing to Make Quota

Step  4:  ROI  of  Marketing  Automation.                    The  Big  BUT….  

Source:  Sirius  Decisions  www.MarsdenAssociates.com  

Image  Source:  SiriusDecisions  

Page 17: Why Sales NEEDS Marketing to Make Quota

Step  5:  Lead  Scoring  -­‐    “Google  Maps”  for  Sales  and  Marketing    

www.MarsdenAssociates.com  

Page 18: Why Sales NEEDS Marketing to Make Quota

Step  6:  Lead  Nurturing  

Source:  Marketo  www.MarsdenAssociates.com  

Image  Source:  Marketo  

Page 19: Why Sales NEEDS Marketing to Make Quota

www.MarsdenAssociates.com  

Step  7:  Close  the  Loop  

Image  Source:  Marketstar  

Page 20: Why Sales NEEDS Marketing to Make Quota

Step  8:  Predictive  SLA’s  

www.MarsdenAssociates.com  

Hubspot  Signals  -­‐  Free  template:  Calculate  Your  Service  Level  Agreement  

30%  of  sales  effort  still  spent  on  just  2%  of  revenue  

Page 21: Why Sales NEEDS Marketing to Make Quota

Sales  Needs  Marketing  

www.MarsdenAssociates.com  

Page 22: Why Sales NEEDS Marketing to Make Quota

1.  Get  good  at  digital.  

2.  Right  info,  right  channels,  right  time.  

3.  Automate:  

•  Lead  Nurture  •  Lead  Scoring  

4.  Communicate  /  Sales  input.  

www.MarsdenAssociates.com  

Marketing’s  New  Mandate  

Page 23: Why Sales NEEDS Marketing to Make Quota

Marketing  Needs  Sales  

www.MarsdenAssociates.com  

Page 24: Why Sales NEEDS Marketing to Make Quota

•  Close  the  Loop  •  Communicate  and  Educate  •  Be  Brave  

www.MarsdenAssociates.com  

Close  the  Loop  Communicate  &  Educate  

Be  Brave  

Page 25: Why Sales NEEDS Marketing to Make Quota

Sales  &  Marketing:  Jointly  Driving  Success  

 Marketing  –  “Help  me,  help  you”  

 Sales  –  “Show  me  the  money”  

•  Get  out  in  front  of  prospects:  Digital  and  live  with  targeted  content    

•  Give  input  on  buyer  personas,  customer  pain  points,  real  life  experiences  

•  Gather  intelligence  on  prospect  interests  (Marketing  Automation  &  Google  Analytics)  

•  Provide  customer  insights.  How  they  buy,  Testimonials,  case  studies  (creating  content  for  marketing)  

•  Lead  score  and  lead  nurture   •  Lead  scoring  feedback  (not  all  leads  are  created  equal)  

•  Communicate!  (Promotions,  initiatives,  changes,  etc.)  

•  Close  the  loop  

•  SLA’s   •  SLA’s  

www.MarsdenAssociates.com  

Page 26: Why Sales NEEDS Marketing to Make Quota

???  

Page 27: Why Sales NEEDS Marketing to Make Quota

MARSDEN+ a s s o c i a t e s

Based  in  Atlanta,  GA,  Marsden  &  Associates  is  a  full  service  marketing  and  business  

development  firm  that  brings  together  the  best  in  marketing  strategy,  lead  

generation  and  integrated  campaigns.  For  over  10  years,  Marsden  &  Associates  has  

been  working  with  B2B  clients  to  drive  revenue  and  market  share  gains  while  

improving  the  ROI  of  their  marketing  and  sales  programs.  

 Visit  Our  Website:  www.MarsdenAssociates.com/  

Send  us  a  Message:  [email protected]  

Give  Us  a  Call:  (678)  369-­‐0019  

Connect  With  Us:  @MarsdenAssoc  ,  @AnneMarsden    

   

www.MarsdenAssociates.com  

Page 28: Why Sales NEEDS Marketing to Make Quota

www.MarsdenAssociates.com  

Sources  1.  Crandell,  Christine.  “Sales  and  Marketing  Alignment  Begins  with  the  Customer.”  Forbes,  2013.    2.   Ernst,  Jeff,  David  M.  Cooperstein,  and  Matthew  Dernoga,  B2B  Sales  And  Marketing  Alignment    

Starts  With  The  Customer,  Forrester  Research  (2011).    3.   Hollar,  Katie.  “30  Shocking  Marketing  Automation  Stats  for  2014.”  Capterra,  2014.    4.   Kantrowitz,  Alex.  “Only  16%  of  B2B  Companies  Use  Marketing  Automation:  Study.”  Ad  Age,    

2014.  5.   Vaughan,  Pamela.  “30  Thought-­‐Provoking  Lead  Nurturing  Stats  You  Can’t  Ignore.”  HubSpot,  

2012.    6.   York,  Joel.  The  New  Breed  of  B2B  Buyer,  (2013).    7.   Calculating  the  Return  on  Marketing  Automation,  SiriusDecisions,  (2009).    8.   Make  It  All  About  the  Benjamins:  How  to  Build  a  Successful  Business  Case  for  Marketing            

Automation,  Nelone,  (2011).    9.   Sales  and  Marketing  Alignment:  A  Primer  on  Successful  Collaboration,  Aberdeen  Group,  (2014).    10.   The  Definitive  Guide  to  Lead  Generation,  Marketo,  (2014).  11.   The  Definitive  Guide  to  Marketing  Metrics  and  Marketing  Analytics,  Marketo,  (2011).    12.   The  Demand  Gen  Pro’s  Cookbook,  Eloqua,  (2014).    13.   Sales  and  Marketing  Alignment:  A  Primer  on  Successful  Collaboration,  Aberdeen  Group,  (2014).    14.   Your  Move:  Leading  Prospects  from  Content  to  Sales,  IDG  Enterprise,  (2013).    15.   “Demand  Generation”,  www.marketstar.com    16.  http://www.getsignals.com/calculate-­‐service-­‐level-­‐agreement-­‐template    

Page 29: Why Sales NEEDS Marketing to Make Quota

www.MarsdenAssociates.com