Do you know how much revenue your marketing programs will drive? Can you trace leads through closed deals? How can you better enable your sales people and help them grow business faster? How do you institute a culture of sales and marketers working together?
This panel presented how they tackle the issues to provide visibility into performance across the full sales and marketing funnel.
VVVIP Call Girls In Greater Kailash âĄď¸ Delhi âĄď¸ 9999965857 đ No Advance 24HRS...
Â
MassTLC seminar: Connecting Marketing to Revenue through Sales Analytics, Enablement, and Communication
1. Š2012 MASSTLC ALL RIGHTS RESERVED.
Sales and Marketing Seminar:
Connecting Marketing to Revenue
through Sales Analytics, Enablement
and Communication
JUNE 18, 2013
TWEET IT OUT
@MASSTLC #REVENUE
WIFI:
NETWORK: eig-bur-guest
PASSWORD: 10_WeddellSea
4. Š2012 MASSTLC ALL RIGHTS RESERVED. 4
Wherever you want to go âŚ
We can help you get there faster.
Connection Access Visibility
5. Š2012 MASSTLC ALL RIGHTS RESERVED.
MassTLC Clusters
5
Cloud Big Data Workforce
Mobile Robotics
Sales and
Marketing
Healthcare Energy
Software
Development
6. Š2012 MASSTLC ALL RIGHTS RESERVED.
Programs and Events
6
ResearchSeminars & SummitsMember-only
Roundtables
Awards Gala Annual Meeting unConference
Communities
Major Programs
7. Š2012 MASSTLC ALL RIGHTS RESERVED.
Save the Date!
June 27 â Big Data Summit: Quantified, Connected, Predicted:
The Next Generation of Data
July 9 â Mobile Summit: Featuring Peter Vesterbacka, Creator of
Angry Birds and CMO of Rovio
July 18 â MassTLC Awards Reception
September 12 â MassTLC Awards Gala
November 1 â MassTLC Innovation unConference
7
8. Š2012 MASSTLC ALL RIGHTS RESERVED.
Get involved!Members
â Free seminars and roundtables
â Major events â Leadership Awards and
unConference coming up!
â Join an advisory board
Non-Members
â Find out more about membership â visit our
registration table for more info!
8
9. A Quick Poll
⢠How many peopleâŚ
â Are goaled on MQLs? Sales Opportunities? Revenue?
â Regularly review conversion metrics with execs
â Have a âSmarketingâ meeting
â Cuddle up with Google analytics before bed
10. Connecting Marketing to Revenue
Key Question:
If you had one more dollar to
spend in marketing, do you know
how it would impact revenue?
Data-driven sales & marketing
Team collaboration
Feeding the sales engine
14. Presentation to
MassTLC Panel
Case Study 1:
Situation: 1-person Marketing team
30 Inside Sales Specialists
95% of leads based on outbound cold calling
No culture of sales/marketing collaboration
Challenge: Build a scalable marketing engine
Make marketingâs contribution more measurable
Build a partnership with sales
15. Presentation to
MassTLC Panel
Solution: Freemium-driven marketing model
Leverage field marketing for collaboration and
pipeline acceleration
Focus on key pipeline and deal metrics
Marketing
ROI
Marketing-sourced
Pipeline/Bookings
Marketing-influenced
Pipeline/Bookings
Results: Company grew from 50 to 350 employees
CAGR of 90%+
Inc 500 Fastest Growing Companies
Boston Globe Top Places to Work
16. Presentation to
MassTLC Panel
Case Study 2:
Situation: Rapidly growing company
1 person marketing team
Exploding market (app analytics & marketing)
Challenge: Build marketing infrastructure and drive
pipeline & bookings after 2nd funding round
Solution: Built team of 8 within 6 months
âThis is our numberâ
Focus on the basics (create marketing & sales
SLAs, data quality, define funnel stages)
17. Presentation to
MassTLC Panel
Case Study 3:
Situation: Apps now representing 50%+ of overall
bookings
Challenge: Make marketingâs contribution directly
measurable in the app
Solution: Focus on key elements: segmentation, funnel
conversion
1 simple use case: Net Promoter Score (NPS)
Fortune 500 eCommerce Provider
18. Š 2013 Mercury Systems, Inc.
Greg Donahue
Mercury Systems
Connecting Marketing to
Revenue
19. 19
Š 2012 Mercury Systems, Inc.
Mercury Systems supplies Electronic Systems
RADAR EW EO/IR â C4I
BAMS; NATO AGS
Global Hawk
SEWIP
AEGIS
AEGIS Ashore
F-15
Patriot
Black Hawk
Reaper
Gorgon Stare
F-16
Badger/Buzzard
Shadow
Global Hawk F-35
F-35
F-16
P-8
20. 20
Š 2013 Mercury Systems, Inc.
Align with Sales
⢠Itâs all one funnel â marketing to sales
⢠Marketing and Sales are partners in delivering revenue
⢠Agree on and set up a funnel/lead process
⢠Make sure you maintain the relationship!!
â Meet w/ sales leaders regularly â bi-weekly and ad hoc
â Communicate w/ sales team â weekly w/ Inside Sales; ad hoc w/ rest of
team; participate in all sales team meetings
⢠Work with Sales Operations!
⢠How is Sales measured/compensated?
Sales is your customer â treat them right!
21. 21
Š 2013 Mercury Systems, Inc.
Spend time on the Process â Itâs Everything
⢠Work with Sales to outline/define the marketing to sales funnel
â Define the lead flow
â Determine what is a MQL, SAL, etc.
â Feedback loop for SRLs (lead nurturing)
â Design in flexibility
â Document the process
⢠Overlay metrics
â What do you want to measure?
â Can you measure it?
⢠Use SLA (service level agreement) if needed
⢠Re-visit the process periodically
â For example, we tweak lead scoring
Process determines your day-to-day work and your metrics
22. 22
Š 2013 Mercury Systems, Inc.
What do I measure? Three tiers of Metrics
⢠Tier 1 â Executive Metrics (1-4 key metrics that they care about)
â Marketing Influenced Sales Opportunities
â Lead funnel health by region
⢠Tier 2 â Marketing Metrics (decide investments/marketing mix)
⢠Tier 3 â Program Metrics (to improve program performance)
â Open rates, CTRs, page views, downloads, etc.
Base your metrics on what drives your business
23. 23
Š 2013 Mercury Systems, Inc.
Metrics â A Story
I wanted to get more $$
⢠Told the CEO and VP of Sales that I would âadd $1 million in new
revenue from new customers over the next 12 monthsâ
⢠Worked with Marketing Ops and DBA to get numbers
⢠Created a detailed plan to reach the goal
Investment Requested: 223,844$
Expected leads generated: 2,791
Expected new product sales revenue: 760,375$
ROI: 340%
Time frame from kick-off: 1 to 9 months
Government Technology Cost
Total
Reach
Response
Rate
Number
of Leads
Conversion
Rate
Average
Sale Revenue
Full page ad; 3 times 15,000$ 75,000
enewsletter sponsorship 11,000$ 600,000 0.2% 1200 5% 1,800$ 108,000$
American City & County
Full page ad; 3 times 21,000$ 74,000
Total Investment: 47,000$ Total Leads: 1,200 Total Expected Revenue: 108,000$
24. Hostedby
Zorian Rotenberg
VP, Marketing @ InsightSquared
Email: zorian@insightsquared.com
⢠VP@ 3 startups all 100%+ yearly salesgrowth at $8MM - $100M
⢠CEO@ StarWind Software, 100%+ global annual salesgrowth
⢠B.S.from Lehigh University (Finance major,minors in Applied Math and in
Computer Science), Harvard MBA
⢠Interests: Intersection b/w Sales&Marketing Management &Analytics
31. A Tale of Two Funnels
31
LEAD
VISITOR
Whatâs Different?
Demand Type
Lead Volume
Benchmarks
Marketing Contribution
Velocity
OPP
SUSPECT
PROSPECT
MQL
SAL
SQ
O 30
Days
6 - 9
Months
32. Grow Awareness, Increase DemandâŚ
CONFIDENTIAL 32
WHY
Backupify?
WHY
Cloud to Cloud
Backup?
WHY
Google Apps?
33. Expand the Funnel, Gain Levers
33
SQO
SQL
MQL
PROSPEC
T
SUSPECT
ACTIVE
DEMAND
LATENT
DEMAND
Marketing Contribution
%
%
%
Volume/Quality/Cost
Benchmarks
Velocity
Attribution Model
Hinweis der Redaktion
MassTLC is the premier tech network of the region made up of more than 500 member companies and growing. Business devProfessional devEconomic dev
Why are you talking to CEO about leads? Know your customer -> he wants to talk REVENUE!Sales VPs ask for the wrong thing â they ask for more leads.Gut instead she should ask for MORE REVENUE and LESS LEADS!More leads does not mean high conversion to deals and revenueIf you give 100 leads that convert to $1M or 1,000 leads that convert to $1,000,000 â which one should your CEO and Sales VP want? They SHOULD always want less â itâs lower $CAC (fewer sales reps needed) to work themItâs not about leads, itâs about $ Pipeline and $ Revenue!Focus on what starts sales cycles and ends in dealsMeasure marketing not by leads but by $LESS Leads may produce more $