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Profit Center Marketing: How to focus your objectives, actions & culture around revenue-producing activity and results
1. Profit Center
Marketing
How to focus your objectives, actions & culture around
revenue-producing activity and results
Matt Heinz, President
Heinz Marketing
2. Housekeeping
•Feel free to madly scribble notes, but you can also have a copy of this deck
•You can also have (for free!) copies of:
•Full Funnel Marketing (my latest book)
•Our buyer journey mapping template
•My award-winning* bacon recipe
•Just send email to matt@heinzmarketing.com (or bring me a business card)
noting what you want
14. SLIDE 14
A widening gap between investment & ROI
According to CEB:
45% of B2B marketing budgets go to content
84% of marketers expect to increase content spend
Only 45% of marketers think content marketing is working
66% of marketers can’t connect content metrics & business metrics
15. SLIDE 15
Five keys to profit center marketing
Do the math (quantify what success looks like)
Create a clear customer profile
Map the sales and buying process
Embrace revenue responsibility
How will you measure it?
20. SLIDE 20
Questions your CEO should be asking
Show me your model1
What problem are you solving and for whom?2
Who is your target customer and why?3
What is your sales process?4
Who is selling for you and how are you measuring & managing them?5
How are you going to generate leads?6
How are you going to decrease acquisition costs over time?7
23. SLIDE 23
Revenue responsibility in practice
Quick sales vs. lifetime value
Good sales vs. bad sales
Expensive customers, higher churn likelihood
Can you buy a beer with it?
Business vs. commission check mindset
31. SLIDE 31
Is your tech helping or hurting?
What problem does it solve?
What does it automate or accelerate?
What is your system or process?
Can it scale beyond you?
38. SLIDE 38
For discussion:
Where are the weak points in your Profit Center Marketing execution?
Do you have a revenue-accountable culture in your marketing
organization?
Do your peers see it the same way as you?
Pros/cons of your relationship with:
CFO
CEO
Board
Head of Sales
39. SLIDE 39
Final Thoughts
Even if you madly scribbled notes, you can also have a copy of this deck
You can also have (for free!) copies of:
Full Funnel Marketing (my latest book)
Our buyer journey mapping template
My award-winning* bacon recipe
Just send email to matt@heinzmarketing.com (or bring me a business
card) noting what you want