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Top challenges solved with Marketing AutomationNicolas DracaNovember 2009 Eloqua Experience 09 - Markie Award 2009 – Sales Impact Dreamforce 09 – Appy Award Nominee - Sales Cloud
How Marketers view Themselves 2
Lead nurturing Sales Accepted Lead (SAL) Sales Qualified Lead (SQL) Implicit Score Click-through (CTR) Closed business Organic Search Eloqua & Salesforce Best  Practices How Sales views Marketers 3 3
Current Challenge Marketing support to grow the pipeline Marketing contribution to revenue ? ? ? ? ? Sales pipeline ? $ ? $ 10% 30% 50% 70% 100% $ Opportunity cycle Marketing Waterfall $ Inquiries MQL SAL SQL Closed  4
Measure everything Prospects Leads  Meetings  Opportunity Created Opportunity Won Sales Cycle                                               100 days                                         110 days Conversion rate                     100 leads                20 meetings                10 Opps            2.5 Opps Marketing ROI                        $30 / lead              $150 /meeting            $300 /Opp          $1,200 /Opp Recognize business cycles ** All data has been altered from actuals **
Measure everything, translate and align Prospects (Inquiries) Leads  (MQL) Meetings  (SAL / SQL) Opportunity Created (SQL) Opportunity Won (Closed) Marketing content Marketing content Marketing content Phase 3: Preference BrandCase Studies Product reviewschannel CustomersEval Phase 1: Awareness Organic searchSocial Mediachanneladvertising freewarepress Phase 2: Consideration eventschannel Webinars demo bloxNews Understand marketing campaign impact
How we did it with Eloqua and Salesforce? LEAD SCORING AND LEAD NURTURING 	Step 1:	We set up a lead scoring system coupled to a lead nurturing program; 	Step 2:	We educated our Inside Sales Team and we made it simple to use; 	Step 3:	We measured conversion rate through each step of the sales cycle;
Quantifiable Results - Metrics Leads  (MQL / SAL) Opportunity Created (SQL) Opportunity Won (Closed) Average conversion                100 leads                  10 Opps                  2.5 Opps Hot Leads                                100 leads                   15 Opps                 4.1 Opps Cold Leads                               100 leads                    6 Opps                  0.3 Opps Validate proper scoring for Hot Leads ** All data has been altered from actuals **
Quantifiable Results - Metrics Extract from CMO Dashboard (metrics are per work day) Tangible marketing results: > 15% pipeline  Tangible marketing results: > 15% revenue ** All data has been altered from actuals **
How we did it with Eloqua and Salesforce?
Quantifiable Results - Metrics Marketing corroboration of sales pipeline
Key Take aways Measure marketing investment Make it simple and educate Impact sales cycle and company revenue 12
Thank youNicolas DracaMarketing Directorhttp://www.linkedin.com/in/ndraca 13

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Top Challenges Solved with Marketing Automation

  • 1. Top challenges solved with Marketing AutomationNicolas DracaNovember 2009 Eloqua Experience 09 - Markie Award 2009 – Sales Impact Dreamforce 09 – Appy Award Nominee - Sales Cloud
  • 2. How Marketers view Themselves 2
  • 3. Lead nurturing Sales Accepted Lead (SAL) Sales Qualified Lead (SQL) Implicit Score Click-through (CTR) Closed business Organic Search Eloqua & Salesforce Best Practices How Sales views Marketers 3 3
  • 4. Current Challenge Marketing support to grow the pipeline Marketing contribution to revenue ? ? ? ? ? Sales pipeline ? $ ? $ 10% 30% 50% 70% 100% $ Opportunity cycle Marketing Waterfall $ Inquiries MQL SAL SQL Closed 4
  • 5. Measure everything Prospects Leads Meetings Opportunity Created Opportunity Won Sales Cycle 100 days 110 days Conversion rate 100 leads 20 meetings 10 Opps 2.5 Opps Marketing ROI $30 / lead $150 /meeting $300 /Opp $1,200 /Opp Recognize business cycles ** All data has been altered from actuals **
  • 6. Measure everything, translate and align Prospects (Inquiries) Leads (MQL) Meetings (SAL / SQL) Opportunity Created (SQL) Opportunity Won (Closed) Marketing content Marketing content Marketing content Phase 3: Preference BrandCase Studies Product reviewschannel CustomersEval Phase 1: Awareness Organic searchSocial Mediachanneladvertising freewarepress Phase 2: Consideration eventschannel Webinars demo bloxNews Understand marketing campaign impact
  • 7. How we did it with Eloqua and Salesforce? LEAD SCORING AND LEAD NURTURING Step 1: We set up a lead scoring system coupled to a lead nurturing program; Step 2: We educated our Inside Sales Team and we made it simple to use; Step 3: We measured conversion rate through each step of the sales cycle;
  • 8. Quantifiable Results - Metrics Leads (MQL / SAL) Opportunity Created (SQL) Opportunity Won (Closed) Average conversion 100 leads 10 Opps 2.5 Opps Hot Leads 100 leads 15 Opps 4.1 Opps Cold Leads 100 leads 6 Opps 0.3 Opps Validate proper scoring for Hot Leads ** All data has been altered from actuals **
  • 9. Quantifiable Results - Metrics Extract from CMO Dashboard (metrics are per work day) Tangible marketing results: > 15% pipeline Tangible marketing results: > 15% revenue ** All data has been altered from actuals **
  • 10. How we did it with Eloqua and Salesforce?
  • 11. Quantifiable Results - Metrics Marketing corroboration of sales pipeline
  • 12. Key Take aways Measure marketing investment Make it simple and educate Impact sales cycle and company revenue 12
  • 13. Thank youNicolas DracaMarketing Directorhttp://www.linkedin.com/in/ndraca 13