87% of the terms sales & marketing use to describe each other are negative. Source: Corporate...

62
87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, http://bit.ly/wQCz4b

Transcript of 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate...

Page 1: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

87% of the terms sales & marketing use to describe each other are negative.

Source: Corporate Executive Board survey, http://bit.ly/wQCz4b

Page 2: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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Search EngineOptimization

Blogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

Page 3: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Only

45% of companies have established a company-wide definition of a sales-ready lead.

2009 survey by MarketingSherpa, http://bit.ly/zL3sf0

Page 4: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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Search EngineOptimization

Blogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

Page 5: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Companies with strong sales & marketing alignment get

20% annual revenue growth.

2010 study by the Aberdeen Group, http://bit.ly/zmIJQD

Page 6: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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Search EngineOptimization

Blogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

Page 7: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

All You Need to Knowto Align Sales and Marketing

Page 8: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Mike VolpeChief Marketing Officer, HubSpot

@mvolpe

Mark RobergeVP of Sales, HubSpot

@markroberge

#SMARKETING

Page 9: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

SALES MARKETING

Source: Corporate Executive Board http://bit.ly/wQCz4b

“simple-minded”“cowboys”

“incompetent”

“paper pushers”“academics”“irrelevant”

#SMARKETING

Page 10: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Sales + Marketing =Smarketing

Page 11: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Before Starting with Smarketing1

Page 12: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Before You Begin Smarketing

1. Set up closed-loop

reporting

2. Agree on terminology

3. Implement an SLA

Page 13: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Traditional Marketing

Marketing Sales

Problems:• Duplicate leads• Limited lead information• No feedback from sales• No ROI Measurement

Page 14: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Closed Loop Marketing

Marketing Sales

• de-duplicate leads• import to CRM• lead intelligence

• contact info & status updates• closed loop data to analyze

Page 15: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Customers by Marketing Source

Page 16: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Conversion Assists Report

Page 17: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Closed-loop Lead Intelligence

Page 18: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Closed Loop Social Intelligence

Page 19: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Closed Loop CRM Integration

Page 20: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Closed Loop Lead Alerts

Page 21: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Before You Begin Smarketing

1. Set up closed-loop

reporting

2. Agree on terminology

3. Implement an SLA

Page 22: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Define Your Funnel Stages

Visitors

Leads / Inquiries

Marketing Qualified Leads

Sales Qualified Leads

Opportunities

Customers

Page 23: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

What is an MQL?

Stimulate Interest

Follow-upQuickly

AvoidTake

Orders

Fit

Interest

Page 24: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

MQL Examples

• 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 25: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Grade Your Leads

Page 26: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Before You Begin Smarketing

1. Set up closed-loop

reporting

2. Agree on terminology

3. Implement an SLA

Page 27: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

SLAs Go Both Ways

Marketing to Sales• Number and quality of leads

required to hit company revenue goals

Sales to Marketing• Speed and depth of lead follow-up

that makes economic sense

Page 28: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

The Marketing SLA

• 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?

Page 29: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

The Marketing SLA

• Will sales do any prospecting?

• What % of sales opportunities will marketing originate?

• What % of sales opportunities will marketing influence?

Page 30: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Computing the Marketing SLA

MQL Type

Average Revenue

/ Custome

r

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 31: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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 32: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Computing the Sales SLA

* Data has been altered from actual HubSpot data for the purposes of this presentation

Page 33: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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 34: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

ManagingSmarketing2

Page 35: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Managing Smarketing

1. Dashboards & Reports

2. Meetings

3. Other Communication

Page 36: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Dashboards

Get individuals and teams to fix problems without management intervention.

• Frequent• Public• Transparent

Page 39: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Sales Dashboards

* Data has been altered from actual HubSpot data for the purposes of this presentation

Page 40: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Sales Dashboards

* Data has been altered from actual HubSpot data for the purposes of this presentation

Page 41: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Sales Dashboards

* Data has been altered from actual HubSpot data for the purposes of this presentation

Page 42: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Sales Dashboards

* Data has been altered from actual HubSpot data for the purposes of this presentation

Page 43: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Monthly Reports

Page 44: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Managing Smarketing

1. Dashboards & Reports

2. Meetings

3. Other Communication

Page 45: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Weekly Smarketing Meeting

• Goal: Get / stay on same page

• Everyone attends

• Point person from each team runs

meeting

• Size of meeting determines format

Page 46: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Monthly Management Meeting

• Key managers attend

• Lots of discussion

• Dive deeper into more contentious

issues

• Resolve disputes

Page 47: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Managing Smarketing

1. Dashboards & Reports

2. Meetings

3. Other Communication

Page 48: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Other Communication

Page 49: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Other Communication

Page 50: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Summary of Smarketing Tips

1. Before you begin Smarketing1. Set up closed-loop reporting metrics2. Add closed-loop lead intelligence and info3. Agree on funnel stage terminology4. Implement an SLA for both teams

2. Managing Smarketing1. Daily dashboards drive behavior2. Monthly reports provide transparency3. Weekly Smarketing meeting4. Monthly management meeting5. Consolidate other communication

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What is HubSpot?

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You can do marketing this way.

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Or you can do marketingthis way.

Page 54: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

Customers

Page 55: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

2011: Our BIGGEST Year Yet

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#17

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$32M

Strategic investments.

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Search EngineOptimization

Blogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

Page 60: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

THANK YOU.MIKE VOLPE

Chief Marketing Officer, HubSpot@mvolpe

Mark RobergeVP of Sales, HubSpot

@markroberge

#SMARKETING

Page 61: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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Page 62: 87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, .

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Get a Free Assessment of Your Marketing:www.HubSpot.com/IMA

WebinarQ&A

#SMARKETING