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How to InsideView Doubled Their Lead to MQL Conversion Rate
23

Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Jul 14, 2015

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Page 1: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

How to InsideView Doubled Their

Lead to MQL Conversion Rate

Page 2: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

2#predictivemarketing

Housekeeping

If you can see the slides and hear me please raise your hand in the GoToWebinar Dashboard

Page 3: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Your speakers

Joe Lucas

Director of Demand Gen and

Marketing Operations

Jessica Cross

Director of Marketing

Fliptop

3#predictivemarketing

Page 4: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Today’s Webinar Agenda

1. Perfect Storm of Demand Generation

2. Driving Revenue, Not Just MQLs

3. The Ideal Marketing Technology Stack

4. Results!

5. Q&A

To submit questions during the webinar, please tweet them:

#predictivemarketing @fliptop @insideview

44#predictivemarketing

Page 5: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

“Leads that convert to revenue are all that matter. Want your bonus? Drive revenue.”

-my boss

“We’re generating over 8,000 leads per month!”

-me

55#predictivemarketing

Page 6: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

InsideView Demand Generation Goals 2014

6

Improve funnel

velocity

Qualify inbound

leads faster

Improve speed to engagement

Increase number of

qualified opportunities

Smooth process for

prospects to become

customers

66#predictivemarketing

Page 7: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Inbound leads lacking required

information

A perfect storm of challenges…

7

Accountresearch

reduces sales

productivity

Traditional

demand generation

losingeffectiveness

Buyers are

informed and

driving the

process

Automation isn’t enough

to fuel revenue growth

77#predictivemarketing

Page 8: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Yes, It Can Work: Timing and Relevance Drive

Engagement

8

Only 10%respond to cold calls or unsolicited emails, yet…

Over 80%will engage when they are connected with timing and value.

88#predictivemarketing

Page 9: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Market Intelligence Provides Relevance and

Timing

9

DATA INSIGHTS CONNECTIONS

WHO

Accurate company and

contact information

WHAT

Curated news and

social posts

HOW

Comprehensive

relationship map

9#predictivemarketing

Page 10: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

InsideView’s Marketing Process

5-8K

inbound

leads

4 fields

Enrich

leads

28

fieldsLeads

AE’s and SDR’s focus on best leads. Marketing nurtures rest.

Results

90% conversion

on A’s

40% conversion

on B’s

Nurture C’s and D’s

More Deals

Predict,

score,

deliver

10#predictivemarketing

Page 11: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

InsideView Results Using Fliptop

• Q1 Lead to MQL* conversion rate 8%

• Q3 Lead to MQL conversion rate 17%

That is a 2.1x improvement

*MQL=Marketing Qualified Lead

11#predictivemarketing

Page 12: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

InsideView Results Using Fliptop

• Q1 Average Time to Qualification was 21 days

• Q3 Average Time to Qualification was 7 days

That is a 3x improvement

1212#predictivemarketing

Page 13: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

InsideView Results Using Fliptop

• Reduced cost per opportunity by half from 2013 to

2014

13#predictivemarketing

Page 14: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

How InsideView Does It

• Keep sales focused – less information is more

• Give them lead views with only the predictive

score visible

• Aggressive SLAs on inbound leads

• Remove progressive profiling on forms to speed

time to qualify

• Rely on Fliptop and InsideView market

intelligence to qualify

14#predictivemarketing

Page 15: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Fliptop Customers Typically See:

• Improve sales efficiency by

21%

• Improve conversion rate by 2x

• Reduce time-to-close by 57%

15#predictivemarketing

Page 16: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

How Fliptop builds predictive models

Historical Sales

3,500+ Signals / 40+ Data Sources

Machine Learning

Model Tournament

16#predictivemarketing

Page 17: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

How Fliptop builds predictive models

3,500+ Signals / 40+ Data Sources

Model is ready

Scored Lead

17#predictivemarketing

Page 18: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Works with the technology you already use

18#predictivemarketing

Page 19: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Traditional Lead Scoring

19

Source: www.marketo.com

All Names

Engaged

Prospect & Recycled

Lead

Sales Lead

Opportunity

Customer

Demographics

• Job Title: +3

• Location: +5

• Industry: +1

• Company Size: -10

Behaviors

• Pricing pages: • +10 regular, +15 detailed

• Watch demos:• +5 overview, +10 detailed

• Mid-stage content: +8

• Late-stage content: +12

• Searches for “Fliptop”: +8

19#predictivemarketing

Page 20: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Target Persona With Traditional Score

VP of Sales

• Job Title: +20

• Attend webinar: +5

• Visit any webpage/blog: +1

• Visit careers pages: -10

• Possible Score = 16

Lead Score

20#predictivemarketing

Page 21: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Target Persona With Traditional Score

Social Media Manager

21

• Early stage content: +3

• Attend webinar: +5

• Visit any webpage/blog: +1

• Watch demos: +5

• Mid-stage content: +8

• Late-stage content: +12

• Possible Score = 34

Lead Score

21#predictivemarketing

Page 22: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Predictive Lead Scoring = Fit First Approach

Social Media Manager VP of Sales

22#predictivemarketing

Page 23: Fliptop Customer Showcase Webinar - How InsideView Doubled Their Lead to MQL Conversion Rate

Q&A – 10 Minutes

Thank you.

Contact us for your own predictive lead scoring model

[email protected]

Joe Lucas

Director of Demand

Generation and

Marketing Operations

Jessica Cross

Director of Marketing

23#predictivemarketing