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Phil Harrell, VP Corporate Division The Case for Enterprise Sales & Marketing Alignment
37

The Case for Enterprise Sales and Marketing Alignment

Aug 20, 2015

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Page 1: The Case for Enterprise Sales and Marketing Alignment

Phil Harrell, VP Corporate Division

The Case for Enterprise Sales & Marketing Alignment

Page 2: The Case for Enterprise Sales and Marketing Alignment

"There aren't enough leads and the leads

that we do get aren’t any good."

Sales Scott

Page 3: The Case for Enterprise Sales and Marketing Alignment

“Sales doesn’t follow up with the leads or

put in enough effort to qualify them."

Marketing Mary

Page 4: The Case for Enterprise Sales and Marketing Alignment

SALES

“simple-minded”

“cowboys”

“incompetent”

“paper pushers”

“academics”

“irrelevant”

MARKETING

Page 5: The Case for Enterprise Sales and Marketing Alignment

Can’t we all just get along?

Page 6: The Case for Enterprise Sales and Marketing Alignment

Companies with strong sales & marketing alignment achieve 20% annual growth rate.

Aberdeen Group

Page 7: The Case for Enterprise Sales and Marketing Alignment

Compared to a 4% decline in annual revenues for companies with poor alignment.

Aberdeen Group

Page 8: The Case for Enterprise Sales and Marketing Alignment

Sales + Marketing = SMARKETING

Page 9: The Case for Enterprise Sales and Marketing Alignment

1 BUILDING A SMARKETING ORGANIZATION

Page 10: The Case for Enterprise Sales and Marketing Alignment

How to Start SMarketing

1  Set up closed-loop reporting

2  Agree on terminology

3  Implement a bi-directional SLA

4 Manage SMarketing

Page 11: The Case for Enterprise Sales and Marketing Alignment

Traditional Marketing

Marketing Sales

Duplicate leads Limited lead info

No feedback from sales No ROI measurement

Page 12: The Case for Enterprise Sales and Marketing Alignment

Closed-loop Marketing

Marketing Sales

Contact info & status updates Closed loop data to analyze

De-duplicate leads Import to CRM

Lead intelligence

Page 13: The Case for Enterprise Sales and Marketing Alignment

2 AGREEMENT ON TERMINOLOGY

Page 14: The Case for Enterprise Sales and Marketing Alignment

Define Your Lifecycle Stages

Page 15: The Case for Enterprise Sales and Marketing Alignment

What is an MQL?

Stimulate Interest

Follow-up Quickly

Avoid Take Orders

Fit

Interest

Page 16: The Case for Enterprise Sales and Marketing Alignment

MQL Example

" A contact at a company that has filled out a landing page, and works at a company of 200-1,000 employees in North America.

" A contact at a company in the US who filled out the form to request a sales demo or started a trial.

Page 17: The Case for Enterprise Sales and Marketing Alignment

Grade Your Leads

Page 18: The Case for Enterprise Sales and Marketing Alignment

Need help? Use this template:

Free template for calculating your Smarketing leads goal

Download

Page 19: The Case for Enterprise Sales and Marketing Alignment

3 IMPLEMENT A SERVICE-LEVEL AGREEMENT (SLA)

Page 20: The Case for Enterprise Sales and Marketing Alignment

MARKETING TO

SALES

Number and quality of leads required to hit

company revenue goals

Speed and depth of lead follow-up that makes

economic sense

SALES TO

MARKETING

Page 21: The Case for Enterprise Sales and Marketing Alignment

" How many leads of a certain quality does a sales rep need to make quota?

" How many leads does a sales rep need to be busy 100% of the time?

The Marketing SLA

Page 22: The Case for Enterprise Sales and Marketing Alignment

" Will sales do any prospecting?

" What % of sales opps will marketing originate?

" What % of sales opps will marketing influence?

The Marketing SLA

Page 23: The Case for Enterprise Sales and Marketing Alignment

Computing the Marketing SLA

MQL Type Average Revenue / Customer

MQL to Customer Close

%

Value per MQL

Whitepaper $160,000 1.0% $1,600

Webinar $100,000 1.5% $3,000

Online Demo $150,000 2.0% $3,000

Tradeshow $125,000 1.0% $1,250

Contact Sales $110,000 10.0% $11,000

Page 24: The Case for Enterprise Sales and Marketing Alignment

Build a SLA Waterfall

Page 25: The Case for Enterprise Sales and Marketing Alignment

The Sales SLA " How many call/email attempts should sales

make for every lead of a certain quality to not waste leads?

" With X leads and Y hours / month, how many follow-up attempts should sales be able to complete per lead?

Page 26: The Case for Enterprise Sales and Marketing Alignment

Example SLAs

" Marketing will deliver 100 MQLs per sales rep per month

" Sales will make 1 follow-up attempt in 4 business hours, with 5 attempts in 14 days

Page 27: The Case for Enterprise Sales and Marketing Alignment

Need help? Get detailed tips here:

Learn how to create a service-level agreement (SLA) from HubSpot & LinkedIn:

Download

Page 28: The Case for Enterprise Sales and Marketing Alignment

4 MANAGE SMARKETING

Page 29: The Case for Enterprise Sales and Marketing Alignment

Dashboards

Get individuals and teams to fix problems without management intervention.

•  Frequent

•  Transparent

•  Public

Page 30: The Case for Enterprise Sales and Marketing Alignment

Marketing Dashboard

Page 31: The Case for Enterprise Sales and Marketing Alignment

Marketing Dashboard

Page 32: The Case for Enterprise Sales and Marketing Alignment

Sales Dashboard

Page 33: The Case for Enterprise Sales and Marketing Alignment

Sales Dashboard

Page 34: The Case for Enterprise Sales and Marketing Alignment

Monthly Marketing Reports

Page 35: The Case for Enterprise Sales and Marketing Alignment

Monthly Management Meetings

" Key managers attend

" Lots of discussion

" Dive deeper into more contentious issues

" Resolve disputes

Page 36: The Case for Enterprise Sales and Marketing Alignment

Want more? Read this guide:

The Executive Guide to Enterprise Inbound Marketing

Download

Page 37: The Case for Enterprise Sales and Marketing Alignment

Thanks.