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Lead Qualification:

Resolving the conflict between
    Sales and Marketing


                                                                1
                           Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                           Copyrights: Reach1to1 Technologies Pvt.
Biggest Sales Challenge:
   High Quality Leads




                                                          2
                     Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                     Copyrights: Reach1to1 Technologies Pvt.
What are “High Quality” leads?




                                                             3
                        Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                        Copyrights: Reach1to1 Technologies Pvt.
Universal Lead Definition


“Most companies lack a clear definition of a sales lead –
that is their sales and marketing departments don’t agree
               on a universal lead definition.”

                                              - Brian Carrol



                                                                                4
                                           Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                           Copyrights: Reach1to1 Technologies Pvt.
Can sales and marketing agree on a
common definition of a “high quality” lead?




                                                                      5
                                 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                 Copyrights: Reach1to1 Technologies Pvt.
How do sales and marketing look at leads?

                  OR

How do leads determine the performance of
          marketing and sales?


                                                                     6
                                Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                Copyrights: Reach1to1 Technologies Pvt.
Marketing Perspective

                              EDMs
                   Print
                   Ads
                                    TV
Marketing                                       Leads
                                 Commercials
 Spend          Events                         Generated
                   &         Promotional
               Exhibitions    Activities




                  Number of Leads Generated
       ROI =
                      Marketing Spend
                                                                                    7
                                               Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                               Copyrights: Reach1to1 Technologies Pvt.
Marketing Perspective

      To Maximize ROI:

  Lax Qualification Criteria!

   Max (Leads Generated)
 = Lax Qualification Criteria


                                                                     8
                                Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                Copyrights: Reach1to1 Technologies Pvt.
Sales Perspective                                Periodic
                                                               Sales Target

  Leads
 Generated                     Competition
                    Limited
                     Time                    Sales Revenue
                                               Generated
  Existing             Complex Buying
Opportunities             Process


                          Sales Orders Generated
 Conversion =
                           Leads + Opportunities                           For the
 Ratio                                                                     current
                         Sales Orders x Order Value                        target period
  Value         =
                                Sales Target
  Converted
                                                                                           9
                                                      Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                      Copyrights: Reach1to1 Technologies Pvt.
Sales Perspective
            To
 Maintain Conversion Ratio
+ Maximize Value Converted:

 Strict Qualification Criteria!

    Max (Sales Revenue)
= Max (Qualification Criteria)

                                                                     10
                                  Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                  Copyrights: Reach1to1 Technologies Pvt.
Conflict Cloud
                                    Marketing Team


              Maximize number of leads            Lax Qualification Criteria



  Ensure
high sales                                                             Conflict
  volume

             • Maintain Conversion Ratio
                                                  Strict Qualification Criteria
             • Maximize Value Converted


                                     Sales Team


                                                                                               11
                                                            Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                            Copyrights: Reach1to1 Technologies Pvt.
The Process Disconnect



          Marketing Funnel                    Sales Funnel




                         Leads      Opportunities       Orders
Target Market           Generated                      Confirmed

                                                                                           12
                                                        Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                        Copyrights: Reach1to1 Technologies Pvt.
Implications of satisfying marketing
               needs
                                 Lax Qualification

                                                                Overload
                            Sales Funnel

        Marketing Funnel    Sales Funnel
                                                                         Lower
                                                                       conversion
                                                                          ratio
                                                       Lower
                                                       value
                                                     converted
                      Leads             Orders
  Target Market
                     Generated         Confirmed

                                                                                         13
                                                      Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                      Copyrights: Reach1to1 Technologies Pvt.
Implications of satisfying sales needs
    Lost                                  Stricter
 opportunities                            lead definition




                     Marketing Funnel    Sales Funnel




 Reduced ROI

                                   Leads             Orders
            Target Market
                                  Generated         Confirmed

                                                                                               14
                                                            Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                            Copyrights: Reach1to1 Technologies Pvt.
Hence,
marketing and sales cannot agree on
    a universal lead definition




                                                               15
                            Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                            Copyrights: Reach1to1 Technologies Pvt.
Resolving the Conflict




                                                       16
                    Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                    Copyrights: Reach1to1 Technologies Pvt.
Underlying Assumptions


  1. Lead Qualification has to be done
     either by marketing or by sales!

2. Leads that are not qualified need to be
       dropped out of the funnel!

                                                                    17
                                 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                 Copyrights: Reach1to1 Technologies Pvt.
Invalid Assumptions!


1. Lead Qualification has to be done
   either by marketing or by sales!

 Introduce a separate, lower cost
      Lead Qualification team

                                                                 18
                              Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                              Copyrights: Reach1to1 Technologies Pvt.
Invalid Assumptions


  2. Leads that are not qualified need to be
         dropped out of the funnel!

Nurture the leads that do not qualify in a CRM
                   process

                                                                      19
                                   Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                   Copyrights: Reach1to1 Technologies Pvt.
Breaking the Conflict
                               Low-cost
                       qualification / nurturing
                                process




         Marketing Funnel                    Sales Funnel




                 Leads              Qualified          Orders
Target Market   Generated            Leads            Confirmed

                         Nurture Leads                                                   20
                                                      Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                                      Copyrights: Reach1to1 Technologies Pvt.
Lead Qualification Process

                               Qualified                Sales
                                Leads                   Funnel


                Lead
 Leads       Qualification
Generated      Criteria


                             Non-Qualified            Nurturing
                                Leads                 Process




                                                                                21
                                             Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                             Copyrights: Reach1to1 Technologies Pvt.
Nurturing Process

              Lead
           Qualification
            Process




                            Nurture
 Buyer        CRM          Marketing
Profiles




            Capture
           Responses


                                                                     22
                                  Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                                  Copyrights: Reach1to1 Technologies Pvt.
Thank You

   Ashutosh Bijoor
   +91-22-4206-1244
   ashutosh@reach1to1.com
   http://www.reach1to1.com



                                                            23
                         Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd.
                         Copyrights: Reach1to1 Technologies Pvt.

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Lead qualification - resolving the sales and marketing conflict

  • 1. Lead Qualification: Resolving the conflict between Sales and Marketing 1 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 2. Biggest Sales Challenge: High Quality Leads 2 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 3. What are “High Quality” leads? 3 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 4. Universal Lead Definition “Most companies lack a clear definition of a sales lead – that is their sales and marketing departments don’t agree on a universal lead definition.” - Brian Carrol 4 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 5. Can sales and marketing agree on a common definition of a “high quality” lead? 5 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 6. How do sales and marketing look at leads? OR How do leads determine the performance of marketing and sales? 6 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 7. Marketing Perspective EDMs Print Ads TV Marketing Leads Commercials Spend Events Generated & Promotional Exhibitions Activities Number of Leads Generated ROI = Marketing Spend 7 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 8. Marketing Perspective To Maximize ROI: Lax Qualification Criteria! Max (Leads Generated) = Lax Qualification Criteria 8 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 9. Sales Perspective Periodic Sales Target Leads Generated Competition Limited Time Sales Revenue Generated Existing Complex Buying Opportunities Process Sales Orders Generated Conversion = Leads + Opportunities For the Ratio current Sales Orders x Order Value target period Value = Sales Target Converted 9 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 10. Sales Perspective To Maintain Conversion Ratio + Maximize Value Converted: Strict Qualification Criteria! Max (Sales Revenue) = Max (Qualification Criteria) 10 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 11. Conflict Cloud Marketing Team Maximize number of leads Lax Qualification Criteria Ensure high sales Conflict volume • Maintain Conversion Ratio Strict Qualification Criteria • Maximize Value Converted Sales Team 11 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 12. The Process Disconnect Marketing Funnel Sales Funnel Leads Opportunities Orders Target Market Generated Confirmed 12 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 13. Implications of satisfying marketing needs Lax Qualification Overload Sales Funnel Marketing Funnel Sales Funnel Lower conversion ratio Lower value converted Leads Orders Target Market Generated Confirmed 13 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 14. Implications of satisfying sales needs Lost Stricter opportunities lead definition Marketing Funnel Sales Funnel Reduced ROI Leads Orders Target Market Generated Confirmed 14 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 15. Hence, marketing and sales cannot agree on a universal lead definition 15 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 16. Resolving the Conflict 16 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 17. Underlying Assumptions 1. Lead Qualification has to be done either by marketing or by sales! 2. Leads that are not qualified need to be dropped out of the funnel! 17 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 18. Invalid Assumptions! 1. Lead Qualification has to be done either by marketing or by sales! Introduce a separate, lower cost Lead Qualification team 18 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 19. Invalid Assumptions 2. Leads that are not qualified need to be dropped out of the funnel! Nurture the leads that do not qualify in a CRM process 19 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 20. Breaking the Conflict Low-cost qualification / nurturing process Marketing Funnel Sales Funnel Leads Qualified Orders Target Market Generated Leads Confirmed Nurture Leads 20 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 21. Lead Qualification Process Qualified Sales Leads Funnel Lead Leads Qualification Generated Criteria Non-Qualified Nurturing Leads Process 21 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 22. Nurturing Process Lead Qualification Process Nurture Buyer CRM Marketing Profiles Capture Responses 22 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.
  • 23. Thank You Ashutosh Bijoor +91-22-4206-1244 ashutosh@reach1to1.com http://www.reach1to1.com 23 Copyrights: Reach1to1 Technologies Pvt. Ltd.Ltd. Copyrights: Reach1to1 Technologies Pvt.