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THE SALES AND
MARKETING LOOP
FORFRONT | CANDDi | MILLER HEIMAN
REGISTRATION & WELCOME
• WELCOME
• HOUSEKEEPING
• AGENDA
Agenda:
Aligning Sales & Marketing Teams
Targeted Marketing
Quick Break
Web Monitoring and Tracking
Converting your Leads
Q&A
Ken Nathan,
SALES & MARKETING DIRECTOR
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
ALIGNING SALES & MARKETING TEAMS
KEN NATHAN| FORFRONT
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
of sales reps say they can’t find content to
send to prospects
Why it is important to align sales and marketing teams
38%
Highly integrated sales & marketing
teams enjoy 38% higher sales rates
36%
Highly integrated sales & marketing
teams enjoy 36% higher retention rates
95%
of buyers chose a solution that provided
them with ample marketing content
Source: https://www.act-on.com/whitepaper/introduction-to-sales-and-marketing-alignment/
THE TWO ARE INEXTRICABLY LINKED, HOWEVER…
Aligning Sales & Marketing Teams
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
SALES
NOTHING EVER HAPPENS
UNTIL SOMETHING GETS
SOLD
MARKETING
WITHOUT MARKETING,
NO SALES TAKE PLACE
What do Sales & Marketing
know about each other?
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
BLANK SLIDE
HANDOVER TO GUY FRASER
Guy Fraser
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
What would better sales & marketing alignment in your
organisation look like?
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Exercise
Key points of sales and marketing alignment
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
• Clear target customer view
• Aligned understanding of customer expectations
• Shared definitions and terminology
• Good internal communication
• Collaborative strategies
Leads to profitable revenue growth
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Target
market
Marketing
Engagement
Tracking
Sales
The Sales & Marketing Loop
First of all, who should we be selling to?
THE SALES & MARKETING LOOP
Target Market
GUY FRASER, MILLER HEIMAN
Large corporates SMEs Families
Who do we want to reach?
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Profile
Age range
Interests
Job Title/ Income range
Needs & wants
TARGETED MARKETING
KEN NATHAN | SALES & MARKETING DIRECTOR
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
Many different types of marketing…
EVENTS PUBLIC
RELATIONS
DIGITAL
TV ADVERTISINGMAGAZINES /
NEWSPAPERS
REFERRALS /
WORD OF MOUTH
EMAIL MARKETING
…but how do you target your audience?
• Highest ROI of any channel (£38 per £1 investment)
• Measurability
• Feeds into other digital channels (social, website etc)
• Marketing automation
• Personalisation
• All this can now be done at scale
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
Why Email Marketing?
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
High variability in ROI of Email Marketing
Small changes to best practice
can take you from here…
…to here
Source: DMA Email Marketing Benchmark Report, 2016
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
Average ROI of Email Marketing (2012 – 2016)
ÂŁ21
ÂŁ25
ÂŁ30
ÂŁ38
ÂŁ51
ÂŁ0
ÂŁ10
ÂŁ20
ÂŁ30
ÂŁ40
ÂŁ50
ÂŁ60
2012 2013 2014 2015 2016 (forecast)
Big data has allowed us to become more scientific about our marketing….
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
So why is ROI in Email Marketing increasing?
“Over 90% of the
world’s data has
been generated in
the last 3 years”
Source: https://www-01.ibm.com/software/data/bigdata/what-is-big-data.html
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
Let’s focus on the two techniques that are driving ROI
Hyper-personalisationMarketing Automation
Marketing Automation
• Web/newsletter sign-ups
• Multi-email campaigns
• Welcome series for new customers
• Loyalty programmes
• Renewals and invoices
72%
decrease in
conversion
time *
* Source: https://www.ventureharbour.com/23
benefits-of-marketing-automation/
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
Real-time data Static data
Behavioural data
Weather, geo-location,
device, time of day,
date etc.
Name, demographics,
company, job title etc.
Web analytics, purchase
history, abandoned basket,
downloads, loyalty cards etc.
Different types of data
Hyper-personalisation
• Dynamic content
(latest offers, countdown timers etc)
• Abandoned basket offers
• Web behaviour
• Device optimisation
• Real-time personalisation
(weather, location, device, time of day, date etc)
219%
increase in
conversion
rate*
* Source: http://insight.venturebeat.com/state-of-marketing-technology-hyper-personalization
“It’s not when you send, it’s where & when they open
and what media they open on”
What does
hyper-personalisation
look like?
Behavioural
personalisation based
on website analytics
Feature
personalisation based
on industry data
Real-time
personalisation based
on date & time of open
THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
So, you’re automated and hyper-personalised, but what happens when
someone clicks on your campaign?
…typically they’re directed to a landing page or your website and then what?
CLICK HERE
… You’ll have to wait until
after the break
WEB MONITORING & TRACKING
TIM LANGLEY | FOUNDER OF CANNDi
Tim Langley,
Founder of
THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi
Do you want to see who’s visiting
your website?
5 tips to improve results from existing traffic
Problem:
THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi
Websites convert around 2.8% of visitors
CANDDi started with a B2B email marketing problem…
Conversion
metrics
Generate List
Send e-shot
Drive to targeted
landing page
Produce target list
for sales-teams
BUT Sales-teams want to know “who’s best prospect over
time”
Generate List
Send mail-shot
Drive to targeted
landing page
Produce target list
for sales-teams
Generate List
Send mail-shot
Produce target list
for sales-teams
Generate List
Send mail-shot
Drive to targeted
landing page
Produce target list
for sales-teams
Month 1 Month 2 Month 3
Horizontal activity
reporting
You can sell to Jake
3
5
Visitors are individuals, understanding their behavior builds stronger
relationships
3
Where is he located?
How engaged is
he?
What product did he
look at?
Which product did he
enquire about?
Who is he?
Big data shouldn’t just be more data
THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi
Five tips to improve results
from existing traffic
#1. It’s all about the data!
3
9
It’s critical to capture (and tie together)
as much data as possible
CANDDi (data platform)
CRM
Website Email Phone
#2. Filter the data
Too much data, is nearly as bad,
as no data at all
#3. Integrate in to existing processes
Too much data, is nearly as bad,
as no data at all
#4. Enrich the data - focus on key visitors
CAPTURE converts 2-3x more visitors
than typical contact form
#5. Set realistic expectations
Everything works
(but there’s no silver-bullet)
CANDDi is a relationship
marketing tool
CANDDi provides you timely
information to nurture client base
CONVERTING YOUR LEADS
GUY FRASER | MILLER HEIMAN
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
B2B vs B2C Selling:
• Sales cycle: longer vs shorter
• Price points: B2B tends to have higher price points
• Sales tactics: rational vs emotional response
• Decision makers: many vs few
• However, both require alignment with marketing!
Understanding & progressing leads
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Understand who has engaged with your marketing and website
• Are they a decision maker?
• Can they influence the purchase?
• What has their journey TO your website been?
• What has their journey ON your website been?
Source: http://www.hubspot.com/marketing-statistics
People are becoming more cautious and conduct more research before buying
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Trust begins with understanding
• I am a decision maker
• I will lose interest in you unless
• …what you do is relevant to my needs
• …and I think that you’re trustworthy
• My perception of your strengths may surprise you
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Understanding the client concept
What does this person wish to
• Achieve
• Solve
• Prevent
Where are they in their thinking process?
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Where are we in the sales process?
PROSPECT
QUALIFY
COVER THE BASES
CLOSE THE ORDER
NEED TO CHANGE
DEFINE PROBLEM
EVALUATE
SELECT
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
The unique solution
doesn’t need to be complex or bespoke
The sale has been completed… now what?
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Exercise
THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
Target
market
Marketing
Engagement
Tracking
Sales
The Sales & Marketing Loop
Q&A
Thank you

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The Sales & Marketing Loop

  • 1. THE SALES AND MARKETING LOOP FORFRONT | CANDDi | MILLER HEIMAN
  • 2. REGISTRATION & WELCOME • WELCOME • HOUSEKEEPING • AGENDA
  • 3. Agenda: Aligning Sales & Marketing Teams Targeted Marketing Quick Break Web Monitoring and Tracking Converting your Leads Q&A
  • 4. Ken Nathan, SALES & MARKETING DIRECTOR THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
  • 5. ALIGNING SALES & MARKETING TEAMS KEN NATHAN| FORFRONT
  • 6. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT of sales reps say they can’t find content to send to prospects Why it is important to align sales and marketing teams 38% Highly integrated sales & marketing teams enjoy 38% higher sales rates 36% Highly integrated sales & marketing teams enjoy 36% higher retention rates 95% of buyers chose a solution that provided them with ample marketing content Source: https://www.act-on.com/whitepaper/introduction-to-sales-and-marketing-alignment/
  • 7. THE TWO ARE INEXTRICABLY LINKED, HOWEVER… Aligning Sales & Marketing Teams THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT SALES NOTHING EVER HAPPENS UNTIL SOMETHING GETS SOLD MARKETING WITHOUT MARKETING, NO SALES TAKE PLACE
  • 8. What do Sales & Marketing know about each other? THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT
  • 10. Guy Fraser THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN
  • 11. What would better sales & marketing alignment in your organisation look like? THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Exercise
  • 12. Key points of sales and marketing alignment THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN • Clear target customer view • Aligned understanding of customer expectations • Shared definitions and terminology • Good internal communication • Collaborative strategies Leads to profitable revenue growth
  • 13. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Target market Marketing Engagement Tracking Sales The Sales & Marketing Loop
  • 14. First of all, who should we be selling to? THE SALES & MARKETING LOOP Target Market GUY FRASER, MILLER HEIMAN Large corporates SMEs Families
  • 15. Who do we want to reach? THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Profile Age range Interests Job Title/ Income range Needs & wants
  • 16. TARGETED MARKETING KEN NATHAN | SALES & MARKETING DIRECTOR
  • 17. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT Many different types of marketing… EVENTS PUBLIC RELATIONS DIGITAL TV ADVERTISINGMAGAZINES / NEWSPAPERS REFERRALS / WORD OF MOUTH EMAIL MARKETING …but how do you target your audience?
  • 18. • Highest ROI of any channel (ÂŁ38 per ÂŁ1 investment) • Measurability • Feeds into other digital channels (social, website etc) • Marketing automation • Personalisation • All this can now be done at scale THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT Why Email Marketing?
  • 19. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT High variability in ROI of Email Marketing Small changes to best practice can take you from here… …to here Source: DMA Email Marketing Benchmark Report, 2016
  • 20. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT Average ROI of Email Marketing (2012 – 2016) ÂŁ21 ÂŁ25 ÂŁ30 ÂŁ38 ÂŁ51 ÂŁ0 ÂŁ10 ÂŁ20 ÂŁ30 ÂŁ40 ÂŁ50 ÂŁ60 2012 2013 2014 2015 2016 (forecast)
  • 21. Big data has allowed us to become more scientific about our marketing…. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT So why is ROI in Email Marketing increasing? “Over 90% of the world’s data has been generated in the last 3 years” Source: https://www-01.ibm.com/software/data/bigdata/what-is-big-data.html
  • 22. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT Let’s focus on the two techniques that are driving ROI Hyper-personalisationMarketing Automation
  • 23. Marketing Automation • Web/newsletter sign-ups • Multi-email campaigns • Welcome series for new customers • Loyalty programmes • Renewals and invoices 72% decrease in conversion time * * Source: https://www.ventureharbour.com/23 benefits-of-marketing-automation/
  • 24. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT Real-time data Static data Behavioural data Weather, geo-location, device, time of day, date etc. Name, demographics, company, job title etc. Web analytics, purchase history, abandoned basket, downloads, loyalty cards etc. Different types of data
  • 25. Hyper-personalisation • Dynamic content (latest offers, countdown timers etc) • Abandoned basket offers • Web behaviour • Device optimisation • Real-time personalisation (weather, location, device, time of day, date etc) 219% increase in conversion rate* * Source: http://insight.venturebeat.com/state-of-marketing-technology-hyper-personalization “It’s not when you send, it’s where & when they open and what media they open on”
  • 26. What does hyper-personalisation look like? Behavioural personalisation based on website analytics Feature personalisation based on industry data Real-time personalisation based on date & time of open
  • 27. THE SALES & MARKETING LOOP KEN NATHAN, FORFRONT So, you’re automated and hyper-personalised, but what happens when someone clicks on your campaign? …typically they’re directed to a landing page or your website and then what? CLICK HERE
  • 28. … You’ll have to wait until after the break
  • 29. WEB MONITORING & TRACKING TIM LANGLEY | FOUNDER OF CANNDi
  • 30. Tim Langley, Founder of THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi
  • 31. Do you want to see who’s visiting your website? 5 tips to improve results from existing traffic
  • 32. Problem: THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi Websites convert around 2.8% of visitors
  • 33. CANDDi started with a B2B email marketing problem… Conversion metrics Generate List Send e-shot Drive to targeted landing page Produce target list for sales-teams
  • 34. BUT Sales-teams want to know “who’s best prospect over time” Generate List Send mail-shot Drive to targeted landing page Produce target list for sales-teams Generate List Send mail-shot Produce target list for sales-teams Generate List Send mail-shot Drive to targeted landing page Produce target list for sales-teams Month 1 Month 2 Month 3 Horizontal activity reporting
  • 35. You can sell to Jake 3 5
  • 36. Visitors are individuals, understanding their behavior builds stronger relationships 3 Where is he located? How engaged is he? What product did he look at? Which product did he enquire about? Who is he?
  • 37. Big data shouldn’t just be more data THE SALES & MARKETING LOOP TIM LANGLEY, CANDDi
  • 38. Five tips to improve results from existing traffic
  • 39. #1. It’s all about the data! 3 9 It’s critical to capture (and tie together) as much data as possible CANDDi (data platform) CRM Website Email Phone
  • 40. #2. Filter the data Too much data, is nearly as bad, as no data at all
  • 41. #3. Integrate in to existing processes Too much data, is nearly as bad, as no data at all
  • 42. #4. Enrich the data - focus on key visitors CAPTURE converts 2-3x more visitors than typical contact form
  • 43. #5. Set realistic expectations Everything works (but there’s no silver-bullet)
  • 44. CANDDi is a relationship marketing tool CANDDi provides you timely information to nurture client base
  • 45. CONVERTING YOUR LEADS GUY FRASER | MILLER HEIMAN
  • 46. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN B2B vs B2C Selling: • Sales cycle: longer vs shorter • Price points: B2B tends to have higher price points • Sales tactics: rational vs emotional response • Decision makers: many vs few • However, both require alignment with marketing! Understanding & progressing leads
  • 47. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Understand who has engaged with your marketing and website • Are they a decision maker? • Can they influence the purchase? • What has their journey TO your website been? • What has their journey ON your website been? Source: http://www.hubspot.com/marketing-statistics
  • 48. People are becoming more cautious and conduct more research before buying THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Trust begins with understanding • I am a decision maker • I will lose interest in you unless • …what you do is relevant to my needs • …and I think that you’re trustworthy • My perception of your strengths may surprise you
  • 49. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Understanding the client concept What does this person wish to • Achieve • Solve • Prevent Where are they in their thinking process?
  • 50. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Where are we in the sales process? PROSPECT QUALIFY COVER THE BASES CLOSE THE ORDER NEED TO CHANGE DEFINE PROBLEM EVALUATE SELECT
  • 51. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN The unique solution doesn’t need to be complex or bespoke
  • 52. The sale has been completed… now what? THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Exercise
  • 53. THE SALES & MARKETING LOOP GUY FRASER, MILLER HEIMAN Target market Marketing Engagement Tracking Sales The Sales & Marketing Loop
  • 54. Q&A

Hinweis der Redaktion

  1. What if you knew background about Jake Current tools - fantastic for summary data Much less valuable for B2B / High value B2C / Lead generation sites