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Lessons from the Pitcher’s Mound
   on Sales Team Development
         January 26, 2012
Today‟s presenter
Paul Rafferty, CEO Sales Engine International
Ask your questions via Twitter
 Tweet: @datadotcom #jigsawcontacts

Or in the Question‟s box on your screen
About Sales Engine International
Agenda
•   Baseball 1.0 vs. Baseball 2.0
•   Sales 1.0
•   Sales 2.0
•   Demand Generation Stages & Process
•   Building a Team for the Sales 2.0 World
•   Case Study
Baseball 1.0 vs. Baseball 2.0
Polling Question

Cy Young holds the record for most Complete
Games pitched in Major League Baseball
history (749).
How many does the current ACTIVE leader have:
  a)   347
  b)   125
  c)   66
  d)   I don‟t like baseball or sports analogies!
Answer: 66

Roy Halladay
Why the Big Difference

Cy Young at 749 vs. Roy Halladay at 66
  – Was Cy “Super Human”
  – Are we getting weaker?
Or, are we approaching things differently
  – Adjusting to what we learn?
     • Statistics? Matchups? Change Momentum?
  – Has the economic landscape changed?
     • TV Contracts? Bigger Staffs? Specialization?
Accelerating Change

       Games      Games % Games
Year   Started Completed Completed
1904     2496       2186     87.6%
1914     3758       2067     55.0%
1924     2462       1198     48.7%
1934     2446       1061     43.4%
1944     2484       1123     45.2%
1954     2472        840     34.0%
1964     3252        797     24.5%
1974     3890       1089     28.0%
1984     4210        632     15.0%   The game has
1994     3200        255      8.0%     changed
2004     4854        150      3.1%
SO What‟s the Point

• Circumstances have changed
• Must revisit “long held” assumptions
• Build a Model for the “New Normal”



    “You can't do today's job with yesterday's
     methods and be in business tomorrow”
The Sales World We Grew Up In
The World of Selling has Changed




- 85% of Cold Calls Go to Voice Mail

- 80% of B2B Buyers “Find” the Sellers
Polling Question #2

How would you describe your current
sales model?
  a) Sales Rep Pitches “Complete Game”
  b) Inside Sales  Feeds Outside Sales
  c) Integrated Marketing Inside Sales/Nurture 
     Feeds “Closer”
Demand Generation Stages

            •SEO / PPC
Suspect     •Events
            • Campaigns




                            •Fit Score >X
               MQL          •Interest Score
           (Marketing        >Y
          Qualified Lead)   •Total Lead
                             Score >Z




                                SQL           •Budget
                                              •Authority
                          (Sales Qualified    •Need
                               Lead)          •Timeframe




                                                            •Sales Stage; or
                                              Opportunity   •Opportunity
                                                             Scorecard




                                                                               •Won
                                                                               •Lost –
                                                             Win/Loss           Competitor
                                                                               •Lost – No-
                                                                                decision
Today‟s Starting Pitcher



 Integrated
 Marketing
 •   Prospect Database
 •   Rich Content
 •   Marketing Automation
 •   Execution
 •   Lead Scoring
Goals of the “Starter”
Today‟s Middle Reliever
Nurture Resource:
• Converts
  MQL‟s…(Marketing
  Qualified Leads)
• Into SQL‟s
  (Sales Qualified Leads)
• Key Success
  Factors:
  – Defined Process
  – Situational Fluency
  – Patience &
    Persistence
Timing is Everything
Timing is everything


      •   100x more likely to „connect‟ with lead within
          5 minutes vs. 30 minutes
      •   21x more likely to „convert‟ leads contacted
          within 5 minutes vs. 30 minutes


      •   7x more likely to have “meaningful
          conversations” w/decision makers” in 1st hour
      •   Only 37% of companies respond within hour
Today‟s “Closer”

Sales Executive:

• Rich Industry Experience
• Problem Solver /Adds Value

• Highly Compensated
• Large Quota and Pressure

• Focused on the “Now Deal”
• Not “wired” to nurture
Demand-Gen Engagement
                                           Process
                              Lead
    Suspect                   score
                               >X
                                                                          Campaign response,
       MQL                    Yes                                          Trigger event, etc.
(Marketing Qualified
      Lead)




                                                     Sales                     Contact
                                      Call           Ready           No
                                                                               record
                                                      Yes

       SQL                                      Opportunity
(Sales Qualified Lead)                            record




Opportunity              • First “Stage” of sales process; or
                         • First action in “Opportunity Scorecard”


  Win/Loss
Baseball 1.0 & Sales 1.0
Baseball 2.0 & Sales 2.0
Starter / Nurture Case Study

         • Sent eNewsletter to
           18,000 recipients
         • Directed inside sales reps
           to IMMEDIATELY follow
           up after launch
         • Split their calling into
           groups based on lead
           score, click activity
Starting Pitcher– Metrics

         • No lead score
 Cold    • No opens or clicks


         • Lead score = Low
MQL #3   • Merely opened email(s).. But no „clicks‟


         • Lead score = Medium
MQL #2   • Clicked through on 1+ outbound campaign


         • Lead score = High
MQL #1   • Opened & clicked on campaigns for
           several months and visited web
Conclusions
                           878% Better Than Cold Calling
        % Conversations convert to
              Appointment
1000%


900%      878%
                                            • Phone conversations with
800%                                          1,216 leads
700%
                                               – 495 cold leads
                                               – 721 scored leads
600%
                                            • % Leads converted
500%
                                               –   Cold = 0.6%
400%                                           –   MQL #3 = 0.7%
                      321%                     –   MQL #2 = 1.9%
300%
                                               –   MQL #1 = 5.3%
200%
                                 124%
100%


  0%
           Rating 1   Rating 2   Rating 3
Sales Engine‟s Growth in Sales
         Opportunities / Month
Sales Engine‟s Growth in Sales
         Opportunities / Month
Baseball 2.0 & Sales 2.0
Map Offer



In the survey at the
conclusion of today‟s
presentation you will have
an opportunity to request a
copy of the Sales
Acceleration Map.
Find us anytime:
      @datadotcom
http://data.com/facebook
Questions
• Thank you for attending.
• We will now begin the Q&A portion of our
  presentation.
About today‟s speaker

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Lessons from the Pitcher's Mound on Sales Team Development

  • 1. Lessons from the Pitcher’s Mound on Sales Team Development January 26, 2012
  • 2. Today‟s presenter Paul Rafferty, CEO Sales Engine International
  • 3. Ask your questions via Twitter Tweet: @datadotcom #jigsawcontacts Or in the Question‟s box on your screen
  • 4. About Sales Engine International
  • 5. Agenda • Baseball 1.0 vs. Baseball 2.0 • Sales 1.0 • Sales 2.0 • Demand Generation Stages & Process • Building a Team for the Sales 2.0 World • Case Study
  • 6. Baseball 1.0 vs. Baseball 2.0
  • 7. Polling Question Cy Young holds the record for most Complete Games pitched in Major League Baseball history (749). How many does the current ACTIVE leader have: a) 347 b) 125 c) 66 d) I don‟t like baseball or sports analogies!
  • 9. Why the Big Difference Cy Young at 749 vs. Roy Halladay at 66 – Was Cy “Super Human” – Are we getting weaker? Or, are we approaching things differently – Adjusting to what we learn? • Statistics? Matchups? Change Momentum? – Has the economic landscape changed? • TV Contracts? Bigger Staffs? Specialization?
  • 10. Accelerating Change Games Games % Games Year Started Completed Completed 1904 2496 2186 87.6% 1914 3758 2067 55.0% 1924 2462 1198 48.7% 1934 2446 1061 43.4% 1944 2484 1123 45.2% 1954 2472 840 34.0% 1964 3252 797 24.5% 1974 3890 1089 28.0% 1984 4210 632 15.0% The game has 1994 3200 255 8.0% changed 2004 4854 150 3.1%
  • 11. SO What‟s the Point • Circumstances have changed • Must revisit “long held” assumptions • Build a Model for the “New Normal” “You can't do today's job with yesterday's methods and be in business tomorrow”
  • 12. The Sales World We Grew Up In
  • 13. The World of Selling has Changed - 85% of Cold Calls Go to Voice Mail - 80% of B2B Buyers “Find” the Sellers
  • 14. Polling Question #2 How would you describe your current sales model? a) Sales Rep Pitches “Complete Game” b) Inside Sales  Feeds Outside Sales c) Integrated Marketing Inside Sales/Nurture  Feeds “Closer”
  • 15. Demand Generation Stages •SEO / PPC Suspect •Events • Campaigns •Fit Score >X MQL •Interest Score (Marketing >Y Qualified Lead) •Total Lead Score >Z SQL •Budget •Authority (Sales Qualified •Need Lead) •Timeframe •Sales Stage; or Opportunity •Opportunity Scorecard •Won •Lost – Win/Loss Competitor •Lost – No- decision
  • 16. Today‟s Starting Pitcher Integrated Marketing • Prospect Database • Rich Content • Marketing Automation • Execution • Lead Scoring
  • 17. Goals of the “Starter”
  • 18. Today‟s Middle Reliever Nurture Resource: • Converts MQL‟s…(Marketing Qualified Leads) • Into SQL‟s (Sales Qualified Leads) • Key Success Factors: – Defined Process – Situational Fluency – Patience & Persistence
  • 19. Timing is Everything Timing is everything • 100x more likely to „connect‟ with lead within 5 minutes vs. 30 minutes • 21x more likely to „convert‟ leads contacted within 5 minutes vs. 30 minutes • 7x more likely to have “meaningful conversations” w/decision makers” in 1st hour • Only 37% of companies respond within hour
  • 20. Today‟s “Closer” Sales Executive: • Rich Industry Experience • Problem Solver /Adds Value • Highly Compensated • Large Quota and Pressure • Focused on the “Now Deal” • Not “wired” to nurture
  • 21. Demand-Gen Engagement Process Lead Suspect score >X Campaign response, MQL Yes Trigger event, etc. (Marketing Qualified Lead) Sales Contact Call Ready No record Yes SQL Opportunity (Sales Qualified Lead) record Opportunity • First “Stage” of sales process; or • First action in “Opportunity Scorecard” Win/Loss
  • 22. Baseball 1.0 & Sales 1.0
  • 23. Baseball 2.0 & Sales 2.0
  • 24. Starter / Nurture Case Study • Sent eNewsletter to 18,000 recipients • Directed inside sales reps to IMMEDIATELY follow up after launch • Split their calling into groups based on lead score, click activity
  • 25. Starting Pitcher– Metrics • No lead score Cold • No opens or clicks • Lead score = Low MQL #3 • Merely opened email(s).. But no „clicks‟ • Lead score = Medium MQL #2 • Clicked through on 1+ outbound campaign • Lead score = High MQL #1 • Opened & clicked on campaigns for several months and visited web
  • 26. Conclusions 878% Better Than Cold Calling % Conversations convert to Appointment 1000% 900% 878% • Phone conversations with 800% 1,216 leads 700% – 495 cold leads – 721 scored leads 600% • % Leads converted 500% – Cold = 0.6% 400% – MQL #3 = 0.7% 321% – MQL #2 = 1.9% 300% – MQL #1 = 5.3% 200% 124% 100% 0% Rating 1 Rating 2 Rating 3
  • 27. Sales Engine‟s Growth in Sales Opportunities / Month
  • 28. Sales Engine‟s Growth in Sales Opportunities / Month
  • 29. Baseball 2.0 & Sales 2.0
  • 30. Map Offer In the survey at the conclusion of today‟s presentation you will have an opportunity to request a copy of the Sales Acceleration Map.
  • 31. Find us anytime: @datadotcom http://data.com/facebook
  • 32. Questions • Thank you for attending. • We will now begin the Q&A portion of our presentation.

Notes de l'éditeur

  1. Speak to the fact we knew we were warming the entire database but needed to measure the impact of that warming affect.List the things we do to build & warm the database:eNewsTargeted campaignsSocial MediaPPCWebinarsVideos
  2. Questions:Do you see companies changing their sales models due to this paradigm?What are the biggest failure points for companies trying to implement this 2.0 model?What is the economic impact of moving to this new model?