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Published byAlvin Gardner Modified over 9 years ago
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87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, http://bit.ly/wQCz4b
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2 Search Engine Optimization Blogging & Social Media Lead Generation Email & Automation Marketing Analytics Lead Management
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Only 45% of companies have established a company-wide definition of a sales-ready lead. 2009 survey by MarketingSherpa, http://bit.ly/zL3sf0
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4 Search Engine Optimization Blogging & Social Media Lead Generation Email & Automation Marketing Analytics Lead Management
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Companies with strong sales & marketing alignment get 20% annual revenue growth. 2010 study by the Aberdeen Group, http://bit.ly/zmIJQD
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6 Search Engine Optimization Blogging & Social Media Lead Generation Email & Automation Marketing Analytics Lead Management
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All You Need to Know to Align Sales and Marketing
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Mike Volpe Chief Marketing Officer, HubSpot @mvolpe Mark Roberge VP of Sales, HubSpot @markroberge #SMARKETING
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SALES MARKETING Source: Corporate Executive Board http://bit.ly/wQCz4b “simple-minded” “cowboys” “incompetent” “paper pushers” “academics” “irrelevant” #SMARKETING
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Sales + Marketing = Smarketing
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Before Starting with Smarketing 1
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Before You Begin Smarketing 1.Set up closed-loop reporting 2.Agree on terminology 3.Implement an SLA
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Traditional Marketing Marketing Sales Problems: Duplicate leads Limited lead information No feedback from sales No ROI Measurement
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Closed Loop Marketing Marketing Sales de-duplicate leads import to CRM lead intelligence contact info & status updates closed loop data to analyze
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Customers by Marketing Source
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Conversion Assists Report
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Closed-loop Lead Intelligence
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Closed Loop Social Intelligence
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Closed Loop CRM Integration
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Closed Loop Lead Alerts
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Before You Begin Smarketing 1.Set up closed-loop reporting 2.Agree on terminology 3.Implement an SLA
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Define Your Funnel Stages Visitors Leads / Inquiries Marketing Qualified Leads Sales Qualified Leads Opportunities Customers
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What is an MQL? Stimulate Interest Follow-up Quickly Avoid Take Orders Fit Interest
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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.
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Grade Your Leads
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Before You Begin Smarketing 1.Set up closed-loop reporting 2.Agree on terminology 3.Implement an SLA
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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
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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?
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The Marketing SLA Will sales do any prospecting? What % of sales opportunities will marketing originate? What % of sales opportunities will marketing influence?
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Computing the Marketing SLA MQL TypeAverage Revenue / Customer MQL to Customer Close % Value per MQL Whitepaper$160,0001.0%$1,600 Webinar$100,0001.5%$3,000 Online Demo$150,0002.0%$3,000 Tradeshow$125,0001.0%$1,250 Contact Sales$110,00010.0%$11,000
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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?
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Computing the Sales SLA * Data has been altered from actual HubSpot data for the purposes of this presentation
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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
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Managing Smarketing 2
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1.Dashboards & Reports 2.Meetings 3.Other Communication
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Dashboards Get individuals and teams to fix problems without management intervention. Frequent Public Transparent
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Marketing Dashboards http://blog.hubspot.com/blog/tabid/6307/bid/14222/The-One-Graph-Marketers-Should-Update-Daily-The-Leads-Waterfall.aspx
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Marketing Dashboards http://blog.hubspot.com/blog/tabid/6307/bid/14222/The-One-Graph-Marketers-Should-Update-Daily-The-Leads-Waterfall.aspx
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Sales Dashboards * Data has been altered from actual HubSpot data for the purposes of this presentation
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Sales Dashboards * Data has been altered from actual HubSpot data for the purposes of this presentation
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Sales Dashboards * Data has been altered from actual HubSpot data for the purposes of this presentation
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Sales Dashboards * Data has been altered from actual HubSpot data for the purposes of this presentation
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Monthly Reports
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Managing Smarketing 1.Dashboards & Reports 2.Meetings 3.Other Communication
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Weekly Smarketing Meeting Goal: Get / stay on same page Everyone attends Point person from each team runs meeting Size of meeting determines format
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Monthly Management Meeting Key managers attend Lots of discussion Dive deeper into more contentious issues Resolve disputes
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Managing Smarketing 1.Dashboards & Reports 2.Meetings 3.Other Communication
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Other Communication
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Summary of Smarketing Tips 1.Before you begin Smarketing 1.Set up closed-loop reporting metrics 2.Add closed-loop lead intelligence and info 3.Agree on funnel stage terminology 4.Implement an SLA for both teams 2.Managing Smarketing 1.Daily dashboards drive behavior 2.Monthly reports provide transparency 3.Weekly Smarketing meeting 4.Monthly management meeting 5.Consolidate other communication
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51 What is HubSpot?
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You can do marketing this way.
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53 Or you can do marketing this way.
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Customers
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2011: Our BIGGEST Year Yet
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#17
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$32M Strategic investments.
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59 Search Engine Optimization Blogging & Social Media Lead Generation Email & Automation Marketing Analytics Lead Management
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THANK YOU. MIKE VOLPE Chief Marketing Officer, HubSpot @mvolpe Mark Roberge VP of Sales, HubSpot @markroberge #SMARKETING
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EVENT SNAPSHOT AUGUST 27-30, 2012 15 small group workshops 6 inspiring keynotes 50 + breakout sessions 7 learning tracks 3 days 2000 inbound marketing professionals 0 reasons not to GO! REGISTER TODAY! www.InboundConference.com www.InboundConference.com Get 25% off the Early Bird Price! COUPON CODE: ImGoing12 www.InboundConference.com
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62 Get a Free Assessment of Your Marketing: www.HubSpot.com/IMA Webinar Q&A #SMARKETING
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