Net New Business Summit 16 0920 Destin Forida

34
A NEW METRIC FOR SALES AND MARKETING EFFECTIVENESS

Transcript of Net New Business Summit 16 0920 Destin Forida

A NEW METRIC FOR SALES AND MARKETING EFFECTIVENESS

Websites | SEO | Blogging | Social

Social SalesMajor Account Coaching Inbound Marketing

About Us

HOW DO YOU MEASURE SALES AND MARKETING EFFECTIVENESS?

Deal Exposure

What % of the deals in your market in which you are involved?

Deals

InvolvedUnaware

How Can You Measure Deal Exposure?

Deal Exposure

Total Deals in Market

Deals You Played In= ÷

BEQI ÷Average

Units/Deal

Example

20%Deal Exposure

5,000Total Deals in

Market

1,000Deals You Played In

= ÷

12,500 units ÷2.5 Units per

Deal

TWO WAYS TO MEASURE AND TRACK DEAL EXPOSURE

94% of buying decisions begin online

Acquity Group, 2014 B2B Procurement Study

Marketing

How many people came to my website?

MARKETING

How many people came to my website1. From the local

market 2. Through

search engines? 230

Deal Exposure Calculation: Marketing

BEQI: 0.00303857 X 2,485,137* = 7,551 units/year 7,551 / 12 = 629 units in market/month629 units / 2.5 units per deal = 251 deals

* 2015 OEM Shipment data from InfoTrends A4: 1,728,190 units A3: 756,947 units

230 local search visitors last month ÷ 251 deals= 91.6% Deal Exposure

Deal Exposure Calculation: Sales

BEQI: 0.00303857 X 2,485,137* = 7,551 units/year 7,551 / 12 = 629 units in market/month629 units / 2.5 units per deal = 251 deals

* 2015 OEM Shipment data from InfoTrends A4: 1,728,190 units A3: 756,947 units

95 pipeline deals ÷ 419 units = 22.7% Deal Exposure

HOW CAN YOU IMPROVE YOUR DEAL EXPOSURE?

Two Types of Prospects

The Newest Members of Your Sales Team

SALES:INTEGRATE SOCIAL SELLING

84% of C-level and VP decision makers admit to using social in their decision-making process.IDC, 2014 study of B2B buying habits

Buyers are vetting sales professionals online

Traditional sales prospecting strategies are becoming less effective

Buyers are younger Millennial’s are entering

the sales force

DOES LINKEDIN REALLY WORK IN THE FIELD?

RESEARCHFind companies and contacts in your territory.

FOLLOWLearn about your prospect

CONNECTSend a personalized invitation.

NURTUREBuild relationship with content

MEETAsk for a conversation.

The Social Selling Process

MARKETINGAN INBOUND LEAD GEN STRATEGY

1. Get Found Online

BlogsSocial

Keywords

Calls-to-Action

Landing Pages

NurturingCRM

IntegrationSignals

Event-Driven Marketing

2. Convert Visitors to Customers

ATTRACT CONVERT CLOSE DELIGHT

DO PEOPLE BUY COPIERS ONLINE?

Inbound Lead Gen in Action

10:13 Found dealer in GoogleVisited 19 pages on dealer’s website/blog

10:40 Downloaded special report

10:41 Sales rep notified

4 day sales cycle2 imageRunners-$19,669Regional food producer

SALES

SALES

MAJOR ACCOUNTSTRATEGY

MARKETING

MARKETING

57%IN PERSON

DIGITAL PROSPECTING

DIGITAL MARKETING

ONLINE

BLOGWRITING

SOCIALMEDIA

SEARCHENGINES

RESOURCEWEBSITE

INBOUNDMARKETING

SOCIALSALES SKILLS

Discussion

How can you measure and track deal exposure?

What three sales or marketing actions could you implement to increase your deal exposure?

Questions?Darrell [email protected] x.101/in/darrellamy@darrell_amy

Larry [email protected] x. 302/in/larrylevine1992@larry1levine

John [email protected] x. 301/in/johnpulley@johnpulley