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Sales & Marketing:
B2B’s Newest Power Couple
#B2BSummit
April 29-30, 2015 | AT&T Park, San Francisco, CA
Adam Blitzer
SVP & GM Pardot, Salesforce
@adamblitzer
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
2
Why Does Sales & Marketing Alignment Feels Like This?
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
3
When It Could Feel Like This
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
4
Agenda
The New Buyer’s Journey
The Cost of Misalignment
4 Common Sales & Marketing Conversations
Q&A
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
5
Buyers Are More Connected Than Ever
Website
Social Media
Email
References
Community
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
6
Buyers Control the Sales Cycle
ABOUT US CONSUMER
REVIEWS
SOCIAL
MEDIA
COMMUNITY
DISCUSSIONS
PRICING
PAGE
CONTACT
SALES
GOOGLE
SEARCH
By 2020, 85% of the buyer’s
journey will be completed
before the buyer reaches out to
sales.
85%
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
7
Disconnected teams:
Marketing and Sales silos
Disconnected tools:
Fragmented, hard to access
and use
Disconnected story:
No holistic view of buyer
makes insights elusive
Most Companies Are Struggling to Adapt
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
8
68%
of companies have
not identified their
sales funnel
79%
of Marketing
leads are never
converted to
Sales
Only 46%
of reps win more
than half of
potential deals
10%
of revenue lost
per year due to
Sales and
Marketing
misalignment
Limited
Visibility
Poor Lead
Quality
Not Enough
Leads
Low Lead
Conversion
Missed
Revenue
Target
The Cost of Being Disconnected
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
9
“Only 30% of CMOs have a clear process or program to make sales
and marketing alignment a priority.”
-CMO Council
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
10
Marketing and sales conversation #1*
*Real life sales and marketing leaders
VP, Sales
VP, Marketing
“We missed our target –
we need more air cover.”
“We send you tons of leads.
You just aren’t closing them.”
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
11
Strategy #1:
(Re)align Goals
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
12
Todays KPIs are Usually Misaligned
Sales Marketing
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
13
Funnels & Pipelines are Divided
Visitor
Inquiry
MQL
SQL
Won
A divided funnel leads to
✖ lead volume over lead quality
✖ turf wars over leads
✖ marketing being a cost center
✖ content that focuses on lead generation
Sales
Marketing
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
14
Get to a Single Funnel
A single funnel leads to
✔ a single end goal
✔ one scorecard for the entire business
✔ content that moves prospects through buying stages
✔ a better hand off / hand back (recycling) process
✔ trust
Visitor
Inquiry
MQL
SQL
Won
Marketing&Sales
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
15
Pipeline and revenue:
where the rubber meets the road for
sales and marketing.
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
16
Marketing and sales conversation #2*
*Real life sales and marketing leaders
VP, Sales
VP, Marketing
“You don’t make the right
content and we can’t
ever find what we need.”
“You never use it anyway!”
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
17
Strategy #2:
Content That is Easy to Find & Use
(for reps!)
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
18
Most Content Sits on the Shelf
“70% of content created by B2B marketing teams is never used by sales reps”
-SiriusDecisions
That’s because content is
 hard to find (not where the reps live)
 stale
 stage-agnostic
 persona-agnostic
 all first party
 not available in the right formats
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
19
One Stop Shop Filter by Type Filter by Theme
A Central Repository (that isn’t terrible)
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
20
Nurture Your Sales Team
Drive internal “demand” Make it fun!
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
21
Nurture Your Sales Team
Chrome Extension Signature Management
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
22
Content Review is a Team Sport
Mix hard data with anecdotes from the trenches.
Data Anecdotes
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
23
Marketing and sales conversation #3*
*Real life sales and marketing leaders
VP, Sales
VP, Marketing
“The leads you send us
are terrible.”
“You aren’t following up with
them! .”
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
24
Strategy #3:
Define a Marketing Qualified Lead
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
25
Most Buyer Profiles Are Created in a Vacuum
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
26
Both Sides Need to Agree on Definitions
SALES
What’s happening in the trenches
MARKETING
Market research & campaign data
TRUTH
DEFINE
MQLs and SQLs
together
ESTABLISH
an SLA between
teams
REVISIT
Every quarter
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
27
Agree on Two Types of Scores per Persona
 Geography
 Industry
 Company size
 Title
 Tracked behavior
 Recency of activity
 Frequency of activity
 Lead source
Interest Fit
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
28
Marketing and sales conversation #4*
*Real life sales and marketing leaders
VP, Sales
VP, Marketing
“You aren’t getting leads
to us fast enough.”
“You don’t follow up fast
enough.”
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
29
Strategy #4:
Go Faster
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
30
Speed Matters
“35-50% of sales go to the vendor that responds first.”
-InsideSales.com
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
31
Establish SLAs
Once the definition of an MQL is agreed upon
 Establish aggressive SLAs for lead distribution
(should be seconds to minutes)
 Enforce an equally stringent SLA for lead follow-up
(should be minutes to tens of minutes)
 Track win rate and sales cycle by first follow-up time
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
32
Why don’t sales reps follow up?
 They don’t know that a lead came in
 They are away from their desks
 They are working more pressing, “hot” leads
 The leads are obvious bad fits
(you solved this with your MQL definition didn’t you?)
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
33
Interrupt your reps, they won’t complain!
Close rates go up when reps have recency & context
 Push alerts to your reps everywhere they work
(email, CRM, desktop, and phone)
 Give full context into prospect behavioral history
 Show them when a prospect is active
 Start with a pilot when rolling out alerts
 Consider specialization (inbound lead qualification)
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
34
Companies that Align Grow Faster
Better AlignmentQuality LeadsPipeline Growth High Conversion
More
Revenue
Source: Math Marketing / Sirius Decisions / MarketingProfs
24%
faster three-year
revenue growth
25%
increase in Sales
qualified leads
67%
improvement in
close rates
60%
Increase in follow-
up within 24 hours
©2014 Copyright Demandbase, Inc.
Demandbase Confidential.
35
Thank You

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Sales & Marketing: B2B’s New Power Couple

  • 1. Sales & Marketing: B2B’s Newest Power Couple #B2BSummit April 29-30, 2015 | AT&T Park, San Francisco, CA Adam Blitzer SVP & GM Pardot, Salesforce @adamblitzer
  • 2. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 2 Why Does Sales & Marketing Alignment Feels Like This?
  • 3. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 3 When It Could Feel Like This
  • 4. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 4 Agenda The New Buyer’s Journey The Cost of Misalignment 4 Common Sales & Marketing Conversations Q&A
  • 5. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 5 Buyers Are More Connected Than Ever Website Social Media Email References Community
  • 6. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 6 Buyers Control the Sales Cycle ABOUT US CONSUMER REVIEWS SOCIAL MEDIA COMMUNITY DISCUSSIONS PRICING PAGE CONTACT SALES GOOGLE SEARCH By 2020, 85% of the buyer’s journey will be completed before the buyer reaches out to sales. 85%
  • 7. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 7 Disconnected teams: Marketing and Sales silos Disconnected tools: Fragmented, hard to access and use Disconnected story: No holistic view of buyer makes insights elusive Most Companies Are Struggling to Adapt
  • 8. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 8 68% of companies have not identified their sales funnel 79% of Marketing leads are never converted to Sales Only 46% of reps win more than half of potential deals 10% of revenue lost per year due to Sales and Marketing misalignment Limited Visibility Poor Lead Quality Not Enough Leads Low Lead Conversion Missed Revenue Target The Cost of Being Disconnected
  • 9. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 9 “Only 30% of CMOs have a clear process or program to make sales and marketing alignment a priority.” -CMO Council
  • 10. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 10 Marketing and sales conversation #1* *Real life sales and marketing leaders VP, Sales VP, Marketing “We missed our target – we need more air cover.” “We send you tons of leads. You just aren’t closing them.”
  • 11. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 11 Strategy #1: (Re)align Goals
  • 12. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 12 Todays KPIs are Usually Misaligned Sales Marketing
  • 13. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 13 Funnels & Pipelines are Divided Visitor Inquiry MQL SQL Won A divided funnel leads to ✖ lead volume over lead quality ✖ turf wars over leads ✖ marketing being a cost center ✖ content that focuses on lead generation Sales Marketing
  • 14. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 14 Get to a Single Funnel A single funnel leads to ✔ a single end goal ✔ one scorecard for the entire business ✔ content that moves prospects through buying stages ✔ a better hand off / hand back (recycling) process ✔ trust Visitor Inquiry MQL SQL Won Marketing&Sales
  • 15. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 15 Pipeline and revenue: where the rubber meets the road for sales and marketing.
  • 16. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 16 Marketing and sales conversation #2* *Real life sales and marketing leaders VP, Sales VP, Marketing “You don’t make the right content and we can’t ever find what we need.” “You never use it anyway!”
  • 17. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 17 Strategy #2: Content That is Easy to Find & Use (for reps!)
  • 18. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 18 Most Content Sits on the Shelf “70% of content created by B2B marketing teams is never used by sales reps” -SiriusDecisions That’s because content is  hard to find (not where the reps live)  stale  stage-agnostic  persona-agnostic  all first party  not available in the right formats
  • 19. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 19 One Stop Shop Filter by Type Filter by Theme A Central Repository (that isn’t terrible)
  • 20. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 20 Nurture Your Sales Team Drive internal “demand” Make it fun!
  • 21. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 21 Nurture Your Sales Team Chrome Extension Signature Management
  • 22. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 22 Content Review is a Team Sport Mix hard data with anecdotes from the trenches. Data Anecdotes
  • 23. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 23 Marketing and sales conversation #3* *Real life sales and marketing leaders VP, Sales VP, Marketing “The leads you send us are terrible.” “You aren’t following up with them! .”
  • 24. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 24 Strategy #3: Define a Marketing Qualified Lead
  • 25. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 25 Most Buyer Profiles Are Created in a Vacuum
  • 26. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 26 Both Sides Need to Agree on Definitions SALES What’s happening in the trenches MARKETING Market research & campaign data TRUTH DEFINE MQLs and SQLs together ESTABLISH an SLA between teams REVISIT Every quarter
  • 27. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 27 Agree on Two Types of Scores per Persona  Geography  Industry  Company size  Title  Tracked behavior  Recency of activity  Frequency of activity  Lead source Interest Fit
  • 28. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 28 Marketing and sales conversation #4* *Real life sales and marketing leaders VP, Sales VP, Marketing “You aren’t getting leads to us fast enough.” “You don’t follow up fast enough.”
  • 29. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 29 Strategy #4: Go Faster
  • 30. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 30 Speed Matters “35-50% of sales go to the vendor that responds first.” -InsideSales.com
  • 31. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 31 Establish SLAs Once the definition of an MQL is agreed upon  Establish aggressive SLAs for lead distribution (should be seconds to minutes)  Enforce an equally stringent SLA for lead follow-up (should be minutes to tens of minutes)  Track win rate and sales cycle by first follow-up time
  • 32. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 32 Why don’t sales reps follow up?  They don’t know that a lead came in  They are away from their desks  They are working more pressing, “hot” leads  The leads are obvious bad fits (you solved this with your MQL definition didn’t you?)
  • 33. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 33 Interrupt your reps, they won’t complain! Close rates go up when reps have recency & context  Push alerts to your reps everywhere they work (email, CRM, desktop, and phone)  Give full context into prospect behavioral history  Show them when a prospect is active  Start with a pilot when rolling out alerts  Consider specialization (inbound lead qualification)
  • 34. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 34 Companies that Align Grow Faster Better AlignmentQuality LeadsPipeline Growth High Conversion More Revenue Source: Math Marketing / Sirius Decisions / MarketingProfs 24% faster three-year revenue growth 25% increase in Sales qualified leads 67% improvement in close rates 60% Increase in follow- up within 24 hours
  • 35. ©2014 Copyright Demandbase, Inc. Demandbase Confidential. 35 Thank You

Notes de l'éditeur

  1. I want to talk about why we’re all here. We’re trying to align marketing and sales in a better way that what we’re achieving today. That’s why Pardot was built. The way people are buying has really evolved in recent years. The buyer is in control. They are getting their information from doznes of different sources. Sources that didn’t exist 20 years ago. They’re using community forums, paid search, natural search, your website, industry websites, social media – plus some tried and true channels like email and references. This is a lot for a marketer to balance. And frankly, we don’t control many parts of that journey anymore.
  2. The role of the Sales rep has changed, too. People are researching on their own terms. Today we’re seeing that buyers are more than 2/3 of the way through the sales cycle before they engage with a rep (Corporate Executive Board), and that’s only going to increase. Gartner predicts that number will be as high as 85% by 2020. That means almost the ENTIRE sales cycle is being carried out before your reps get to pitch. That’s a scary prospect. Source: Gartner Predicts
  3. When you survey buyers though, they don’t want you to be totally hands off. They want a mix of the old way of buying and this new way of buying that has emerged. They want to do some of their own research, but they want a sales rep available instantly when they have a question. Many companies are struggling to adapt and meet the needs to today’s buyer. Why is that? 1) Sales and Marketing are still operating in silos. They aren’t talking to each other. Their goals aren’t aligned. They don’t have clearly defined process for how leads should flow through the buying cycle and how they can help each other win. 2) Today’s tools aren’t mobile or easy to use. Marketers have marketing automation and reps have the CRM, but companies haven’t successfully connected the dots and they really haven’t armed sales with the tools they need to connect with prospects and customers during the buying journey. 3) They don’t have a good understanding of the prospect. They’re lacking context and the big picture when it comes to each prospect’s unique interests, needs and pain points.
  4. This failure to adapt – failure to align – is costing companies revenue.