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What Sales Wants from Marketing
June 15th, 2010
GoToWebinar Controls

• Click the button with the arrows to
  minimize your GoToWebinar
  controls




• Type your questions for us into the
  box at the bottom and press Send
Agenda
•   What marketing and sales really think
•   The buying process and the internet
•   Unified model for demand generation
•   Measure what you want to improve
•   Marketing & sales infrastructure
•   Payback for getting aligned
•   Conclusions
•   Q&A
Mind the Gap – Understanding Perceptions
 What Sales Thinks                                 What Marketing Thinks
 • Not enough leads                                • Sales is too slow on follow-up
 • Leads aren’t qualified                          • They don’t try hard enough to connect
 • Feast or famine                                   with leads
 • Leads don’t understand what we sell             • We have no idea what happens with
 • We have to re-enter data into CRM                 the leads
 • We keep getting the same old leads              • Follow-up is hit or miss
 • All the quality leads come from sales anyways   • We have no idea what worked and
                                                     what didn’t
                                                   • Why do all the leads have to come
                                                     from marketing?
Has the Buying Process Changed?

      1990            2000             2010




          Need                                                 Post-Purchase
                      Information   Evaluation of
       Recognition                                  Purchase
                         Search     Alternatives                Evaluation
      and Awareness
Why Should You Care?


   95%
   …of your website visitors don’t want to talk to sales, but…




                                                                    70%
                         of them will eventually buy from you (or your competitors)

Source: @brianjcarroll
How much nurturing is enough?
On average, how many touches (from both sales & marketing) does it take
to convert a “suspect” to a “prospect”?

            1-4                                                                 33%

            5-8                                                                        44%

          9-12                            12%

            13+                           12%

                  0%              10%             20%              30%           40%    50%


Source: Survey of 125 North American technology companies by The Bridge Group
But the CEO Just Wants More…




REVENUE
Single View of the demand generation

                     Attract

                     Engage

                    Capture

                    Nurture

                   Lead score

                   Sales-cycle

                     Revenue
Encouraging Sales & Marketing Alignment
1. Identify your ideal customer
2. Define a common language
   – Sales-ready lead
3. Identify and agree rules of engagement at interface points
   –   Demo request / contact us
   –   Webinar registrant
   –   Return-to-marketing
   –   Closed / lost
   –   Who will nurture live opportunities?
4. Operate as a single team
5. Measure what you want to improve
Measure What You Want to Improve
• Sales-ready leads count
• Opportunity conversions
   – Absolute count
   – And percentage of sales-ready leads converted
   – Don’t forget leads from other sources
       • Referral
       • Inside sales
       • Sales prospecting

• Closed business by lead source
   – Closed-loop marketing
Does your Infrastructure Support Alignment?



                  Marketing
  Website                             CRM
                 Automation


                     Email

                   Analytics
Integrate Sales and Marketing Technologies
 •   Make sure your marketing technologies integrate with
     CRM systems so data is shared
 •   Ensure that proper lead history is being passed on to sales
Integrate Sales and Marketing Technologies cont.
What is the ROI of Sales and Marketing Alignment?
• A recent sales optimization survey found:
        – Sales and marketing alignment (SMA) is the easiest sales productivity
          initiative to implement with the highest impact on sales effectiveness (1)
        – SMA Leads to 20% higher quota achievement, 25% more proposals result
          in sales (1)


• A recent study showed that companies that had success
  with SMA:
        – Grew 5.4% faster year-over-year than their competitors (2)
        – Churned 36% fewer of their customers to competitors each year (2)
        – Were 38% better at closing proposals than non-aligned businesses (2)


Source 1: CSO Insights 2009 Sales Performance Optimization Survey
Source 2: B-to-B Lead Generation: Marketing ROI & Performance Evaluation Study, 2008
Conclusions
• The web has changed the way prospects navigate the buying
  process
• Marketing and sales collectively own a single customer funnel
• Collaborate at key interface points and measure progress
• Have an effective sales and marketing infrastructure
   – Focus people on the relationships
• Continuously review and refine – 360 degree view of
  customer acquisition
Questions?
        Follow our blog at http://www.marqui.com/blog

         Follow us on Twitter @Marqui_CMS

Richard Sharp, VP Marketing
richard.sharp@marqui.com
604.484.8543

Mike Cowan, VP Sales
mike.cowan@marqui.com
604.484.8546

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What Sales Wants from Marketing

  • 1. What Sales Wants from Marketing June 15th, 2010
  • 2. GoToWebinar Controls • Click the button with the arrows to minimize your GoToWebinar controls • Type your questions for us into the box at the bottom and press Send
  • 3. Agenda • What marketing and sales really think • The buying process and the internet • Unified model for demand generation • Measure what you want to improve • Marketing & sales infrastructure • Payback for getting aligned • Conclusions • Q&A
  • 4. Mind the Gap – Understanding Perceptions What Sales Thinks What Marketing Thinks • Not enough leads • Sales is too slow on follow-up • Leads aren’t qualified • They don’t try hard enough to connect • Feast or famine with leads • Leads don’t understand what we sell • We have no idea what happens with • We have to re-enter data into CRM the leads • We keep getting the same old leads • Follow-up is hit or miss • All the quality leads come from sales anyways • We have no idea what worked and what didn’t • Why do all the leads have to come from marketing?
  • 5. Has the Buying Process Changed? 1990 2000 2010 Need Post-Purchase Information Evaluation of Recognition Purchase Search Alternatives Evaluation and Awareness
  • 6. Why Should You Care? 95% …of your website visitors don’t want to talk to sales, but… 70% of them will eventually buy from you (or your competitors) Source: @brianjcarroll
  • 7. How much nurturing is enough? On average, how many touches (from both sales & marketing) does it take to convert a “suspect” to a “prospect”? 1-4 33% 5-8 44% 9-12 12% 13+ 12% 0% 10% 20% 30% 40% 50% Source: Survey of 125 North American technology companies by The Bridge Group
  • 8. But the CEO Just Wants More… REVENUE
  • 9. Single View of the demand generation Attract Engage Capture Nurture Lead score Sales-cycle Revenue
  • 10. Encouraging Sales & Marketing Alignment 1. Identify your ideal customer 2. Define a common language – Sales-ready lead 3. Identify and agree rules of engagement at interface points – Demo request / contact us – Webinar registrant – Return-to-marketing – Closed / lost – Who will nurture live opportunities? 4. Operate as a single team 5. Measure what you want to improve
  • 11. Measure What You Want to Improve • Sales-ready leads count • Opportunity conversions – Absolute count – And percentage of sales-ready leads converted – Don’t forget leads from other sources • Referral • Inside sales • Sales prospecting • Closed business by lead source – Closed-loop marketing
  • 12. Does your Infrastructure Support Alignment? Marketing Website CRM Automation Email Analytics
  • 13. Integrate Sales and Marketing Technologies • Make sure your marketing technologies integrate with CRM systems so data is shared • Ensure that proper lead history is being passed on to sales
  • 14. Integrate Sales and Marketing Technologies cont.
  • 15. What is the ROI of Sales and Marketing Alignment? • A recent sales optimization survey found: – Sales and marketing alignment (SMA) is the easiest sales productivity initiative to implement with the highest impact on sales effectiveness (1) – SMA Leads to 20% higher quota achievement, 25% more proposals result in sales (1) • A recent study showed that companies that had success with SMA: – Grew 5.4% faster year-over-year than their competitors (2) – Churned 36% fewer of their customers to competitors each year (2) – Were 38% better at closing proposals than non-aligned businesses (2) Source 1: CSO Insights 2009 Sales Performance Optimization Survey Source 2: B-to-B Lead Generation: Marketing ROI & Performance Evaluation Study, 2008
  • 16. Conclusions • The web has changed the way prospects navigate the buying process • Marketing and sales collectively own a single customer funnel • Collaborate at key interface points and measure progress • Have an effective sales and marketing infrastructure – Focus people on the relationships • Continuously review and refine – 360 degree view of customer acquisition
  • 17. Questions? Follow our blog at http://www.marqui.com/blog Follow us on Twitter @Marqui_CMS Richard Sharp, VP Marketing richard.sharp@marqui.com 604.484.8543 Mike Cowan, VP Sales mike.cowan@marqui.com 604.484.8546