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How to align your marketing-driven
   sales lead processes to better meet sales’ needs




(How the cool cats in marketing can help the big dogs in sales)
                        M.H. (Mac) McIntosh
Agenda

    •   Quick introduction
    •   Building the case for aligning marketing and sales
    •   Building the case for marketing-driven sales
    •   How to align your marketing with sales for
        maximum impact and ROI


2
M. H. (Mac) McIntosh
    Business-to-Business Sales Lead Expert™

• A specialist in designing,
  implementing and improving
  marketing-driven B2B sales
  lead programs
Mac’s credentials

• 20+ years of hands-on success in B2B marketing, direct
  marketing and sales
   – Both in the trenches and in senior marketing, sales and
     management roles
• Expert in both digital and traditional marketing strategies
  and tactics
   – Voted #1 of the SLMA’s 2010 “Top 20 Most Influential People in
     Sales Lead Management” and in the “Top 10” 3 years in a row
   – Teaches both undergrad and graduate-level courses in
     marketing and direct marketing
   – Conducted more than 250 seminars and workshops on lead
     generation and management in North America and Europe
Mac’s businesses


    • Sales lead management consulting
    • Specializing in helping companies
      like yours to design, implement or • Marketing-driven lead generation
      improve sales lead management        and marketing automation agency
                                           services
      programs and results
                                         • Providing the people, expertise,
                                           technology and resources you
                                           need to drive more leads and sales


5
A sampling of clients




6
Building the case for aligning marketing and sales

  • Most top performing companies with
    sales and marketing aligned get better results
      – 40% of sales forecasted pipeline is generated by
        Marketing compared with 22% for average companies
        and 13% for laggards
      – 31.5% average year-over-year growth in revenue
        versus 18.2% for average companies and a 6.7%
        decrease for laggards
             Source: Aberdeen Group - Sales & Marketing Alignment - 2011
  7
Building the case for marketing-driven sales

• Marketing-driven sales is a more cost effective




8
Do the math

5 sales calls @ $329* = $1,645
                 vs.
12 Marketing contacts @ $15 = $180
+ 3 sales calls @ $329= $987
Total: $1,167
A $478 savings (29%)

       *2001 Study of Business-to-business sales costs - Reed Business Information
 9
A proven marketing-driven sales strategy
• Use lower-cost-per-touch marketing for
  prospecting, nurturing and qualifying
• Use your higher-cost-per-touch salespeople to
  demo, propose and close
     Lower cost-per-touch marketing   Higher cost-per-touch sales


      Prospect   Nurture   Qualify    Demo     Propose     Close


10
Help them sell
                     Best practice
• Old practice
     – Marketing passes all inquiries to
       sales as leads
• Best practice
     – Marketing passes only the sales-
       ready opportunities (Marketing
       Qualified Leads) to sales

11
Marketing-driven sales results

• Exponentially more prospects being touched
  than via sales alone
• Up to 300% more sales-ready opportunities in
  the sales pipeline
• Salespeople becomes up to 50% more efficient
• Cost per sale drops by 25% or more
            Source: Clients of Mac McIntosh & AcquireB2B
Start by aligning your campaigns to the
            customers’ buying process
                                             Determine
                         Reconsideration    Satisfaction
                        (Buyer’s Remorse)
                                                           Acknowledgement
                                                               of Needs
                 Selection
                (Purchase)
  Prospects                                                         Decision
  spend only                                                       to Start the
  5% of their                                                    Buying Process
    time in        Investigation
      Yet                                                   Establish
     these          of Options
 salespeople                                                Selection
    stages                               Determine
spend nearly                                                 Criteria
                                        Measurement
100% of their                             Criteria
time in these
    stages
   13
Two ways to impress the “big dogs” in sales

 1. Help them sell more
 2. Appeal to their egos




14
During the planning stage
            Ask sales for their opinion
• Ask where to focus your marketing-driven
  lead generation efforts
     – Industries and applications
     – Companies and contacts
• Ask what they see competitors
  doing right and wrong


15
During the planning stage
     Get your hands on sales’ intelligence


         Sales                         Marketing
• Buyer profiles              • Buyer personas
• Objection handling guides   • Key offers (calls-to-action)
• Competitor information        and messages


16
During the planning stage
       Ask sales for their opinion
• What key messages to deliver
• What “offers” or “calls-to-action”
  prospects will respond to
• What media to use
• What’s a “qualified” lead?


17
Use personas to drive messaging and offers
 •    Job
 •    Age
 •    Education
 •    Situation
 •    Problems
 •    Personal issues
 •
 18   Goals
Consensus is critical to your success
     Define a Marketing Qualified Lead




19
Use lead qualification scoring to determine

 • Next steps
      –   Lead nurturing
      –   Telemarketing
      –   Inside sales
      –   Sales-ready
      –   Routing to the correct sales contact


 20
Consider lead routing

•    To telemarketing?
•    To inside sales?
•    To field sales?
•    To reps, resellers or distributors?




21
During the planning stage
                   Ask for their opinion
• What tools they
  need to better
     –   Compete
     –   Demo
     –   Propose
     –   Close


22
Ask for their opinion
                    During development
• Ask them to review and comment
  on preliminary drafts
     –   Personas
     –   Messages
     –   Offers and calls-to-action
     –   Media
     –   Materials
     –   “Marketing Qualified Lead” definitions
23
Ask for sales’ opinion
             After rolling it out
• What’s working? Why?
• What isn’t working? Why?
• How is the competition responding?
  And what should we do about it?
• What else is needed?


24
Ask for their opinion
             Who should you ask?
•    Sales Managers
•    The top performers
•    The loudmouths
•    The old pros
•    The newbies

25
How long before
                        B2B inquirers buy?
•    0-6 Months: 23%-27%
•    7-12 Months: 15%-18%
•    12-18 Months: 25%-33%
•    19+ Months: 19%-25%
 Source: Clients of Mac McIntosh & AcquireB2B




26
How long before B2B inquirers buy?
                In other words
• Three out of every four sales come from longer-
  term leads
• Marketing needs to nurture these longer-term
  leads until they are determined to be sales-
  ready (MQLs)



27
Make offers that align with where prospects
        are in their buying process




                 •Case studies     • Assessments
•Info kits                         • Consultations
                 •Decision tools
•How-to guides                     • Custom demos
                 •Webinars
•White papers                      • Seminars
                                   • Quotations
                                   • Buy-now incentives
Types of offers
 Application notes      Free samples                Product comparisons
 Articles               Free trials                 References
 Assessments            Gift with purchase          ROI calculators
 Case studies           How-to guides               Self-assessments
 Checklists             Information kits            Seminars
 Configurators          Lunch and learns            Tutorials
 Demonstrations         Needs assessments           Videos
 Discounts              News                        Webinars
 Buy-now incentives     Newsletter subscriptions    Whitepapers
 E-books                Phone consultations         Workshops
 Executive briefings    Pricing

 29
Tips About offers

• Tailor offers for your various buyer personas
• Create a suite of offers, each addressing the
  various steps in each persona’s buying process
• Educational offers often work best
• Create new offers by repurposing, refreshing
  and rebundling existing content
• A good title can quadruple response
30
The Old Approach
                                       Competitor
              Information            steals the sale
                 is sent


                             TIME

                       Sales         Prospect is
Prospect is        follows up?      ready to buy       Closed
 identified                                             sale



 31
Lead nurturing strategy

• Build sales-winning relationships with
  prospective customers as they move through
  their buying process
     – Awareness to inquiry
     – Inquiry to consideration
     – Consideration to purchase
• Concurrently attempt to identify the qualified,
  qualified (sales-ready) opportunities
32
The Lead Nurturing Approach
                                                  Competitor
              Relationship Marketing             bounces out
               ( E-mails, Mail, Phone )



                                     TIME


Prospect is                    Perfectly-timed                 Closed
 identified                      sales call                     sale



33
Best practices
Allow sales to pass leads back to marketing

• If leads are determined to
  not really be sales-ready
• For further nurturing
• For re-qualification




34
How often should you pro-actively contact
              prospects?
• From their point-of-view, the keys are relevance
  and usefulness
• From your point of view, frequency depends on
     •   What happened last
     •   The value of the prospect
     •   The media used
     •   What relevant and useful information you can offer

35
Make the right offers (calls-to-action)

• Aligned with where your prospective customers
  are in their buying process
• To help move them forward
     – From awareness to inquiry
     – From inquiry to consideration
     – From consideration to purchase


36
Lead Nurturing results

• 23% to 306% more qualified leads
• 108% to 260% more revenue per customer
     Source: Clients of Mac McIntosh & AcquireB2B




37
Best practices

• Determine the number of sales-ready leads
  needed to help salespeople meet their goals
     – Ask for my free Marketing Lead Calculator™
• Remember to factor in the sales cycle time




38
Understand your marketing-to-sales
                  funnel
           Marketing Touches

                 Inquiries (responses)
                      Marketing Qualified Leads

                               Sales Accepted Leads

                                         Sales Qualified Leads

                                                        Closed Sales




39
Tip

• Give sales (and
  management) visibility
  into what happens
  earlier in the funnel




40
The truth about sales lead follow-up

• Sales will follow up if the leads you
  generate for them are truly qualified,
  sales-ready opportunities
• Reporting back on lead follow-up is
  another matter



41
To “close the loop” and learn about
          lead follow-up and results
• Minimize the paperwork
     – Leverage the CRM system
• Consider incentivizing them




42
Consider incentivizing follow up

• Higher commissions on followed-up leads
• Create a “Frequent Follow-up” or “Mystery Lead”
  program
• Trophies and plaques




43
Best practices
• Call two customers or prospects each week
• Walk a mile or two in sales’ shoes
     – Regularly attend the other team’s meetings
        • Sales attend marketing meetings
        • Marketing attend sales meetings
     – Accompany sales on sales calls
• Offer a makeover of their homemade materials



44
In summary

•    Marketing’s most important “customers” are
     your salespeople (and/or channel partners)
•    The keys to getting marketing aligned with sales
     1.   Shared goals and objectives
     2.   Incentivize the behaviors you want
     3.   Makeover or provide better sales materials
     4.   Aim for continuous improvement

45
Additional resources

• Marketing for Leads Calculator™
• Marketing Optimization Kit™
     – Three ways to get them:
        • Visit www.acquireb2b.net/demandcon2012
        • Give me your business card
        • Email me at mcintosh@acquireb2b.com



46
Remember

• If it was easy, they wouldn’t need you!




47
Thank you!
      M. H. (Mac) McIntosh, President
         mcintosh@acquireb2b.com
              +1-401-234-4406
             @B2B_Sales_Leads
     www.linkedin.com/in/salesleadexpert
            www.acquireb2b.com
        www.sales-lead-experts.com

48

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How to align your marketing-driven sales lead processes to better meet sales’ needs (How the cool cats in marketing can help the big dogs in sales

  • 1. How to align your marketing-driven sales lead processes to better meet sales’ needs (How the cool cats in marketing can help the big dogs in sales) M.H. (Mac) McIntosh
  • 2. Agenda • Quick introduction • Building the case for aligning marketing and sales • Building the case for marketing-driven sales • How to align your marketing with sales for maximum impact and ROI 2
  • 3. M. H. (Mac) McIntosh Business-to-Business Sales Lead Expert™ • A specialist in designing, implementing and improving marketing-driven B2B sales lead programs
  • 4. Mac’s credentials • 20+ years of hands-on success in B2B marketing, direct marketing and sales – Both in the trenches and in senior marketing, sales and management roles • Expert in both digital and traditional marketing strategies and tactics – Voted #1 of the SLMA’s 2010 “Top 20 Most Influential People in Sales Lead Management” and in the “Top 10” 3 years in a row – Teaches both undergrad and graduate-level courses in marketing and direct marketing – Conducted more than 250 seminars and workshops on lead generation and management in North America and Europe
  • 5. Mac’s businesses • Sales lead management consulting • Specializing in helping companies like yours to design, implement or • Marketing-driven lead generation improve sales lead management and marketing automation agency services programs and results • Providing the people, expertise, technology and resources you need to drive more leads and sales 5
  • 6. A sampling of clients 6
  • 7. Building the case for aligning marketing and sales • Most top performing companies with sales and marketing aligned get better results – 40% of sales forecasted pipeline is generated by Marketing compared with 22% for average companies and 13% for laggards – 31.5% average year-over-year growth in revenue versus 18.2% for average companies and a 6.7% decrease for laggards Source: Aberdeen Group - Sales & Marketing Alignment - 2011 7
  • 8. Building the case for marketing-driven sales • Marketing-driven sales is a more cost effective 8
  • 9. Do the math 5 sales calls @ $329* = $1,645 vs. 12 Marketing contacts @ $15 = $180 + 3 sales calls @ $329= $987 Total: $1,167 A $478 savings (29%) *2001 Study of Business-to-business sales costs - Reed Business Information 9
  • 10. A proven marketing-driven sales strategy • Use lower-cost-per-touch marketing for prospecting, nurturing and qualifying • Use your higher-cost-per-touch salespeople to demo, propose and close Lower cost-per-touch marketing Higher cost-per-touch sales Prospect Nurture Qualify Demo Propose Close 10
  • 11. Help them sell Best practice • Old practice – Marketing passes all inquiries to sales as leads • Best practice – Marketing passes only the sales- ready opportunities (Marketing Qualified Leads) to sales 11
  • 12. Marketing-driven sales results • Exponentially more prospects being touched than via sales alone • Up to 300% more sales-ready opportunities in the sales pipeline • Salespeople becomes up to 50% more efficient • Cost per sale drops by 25% or more Source: Clients of Mac McIntosh & AcquireB2B
  • 13. Start by aligning your campaigns to the customers’ buying process Determine Reconsideration Satisfaction (Buyer’s Remorse) Acknowledgement of Needs Selection (Purchase) Prospects Decision spend only to Start the 5% of their Buying Process time in Investigation Yet Establish these of Options salespeople Selection stages Determine spend nearly Criteria Measurement 100% of their Criteria time in these stages 13
  • 14. Two ways to impress the “big dogs” in sales 1. Help them sell more 2. Appeal to their egos 14
  • 15. During the planning stage Ask sales for their opinion • Ask where to focus your marketing-driven lead generation efforts – Industries and applications – Companies and contacts • Ask what they see competitors doing right and wrong 15
  • 16. During the planning stage Get your hands on sales’ intelligence Sales Marketing • Buyer profiles • Buyer personas • Objection handling guides • Key offers (calls-to-action) • Competitor information and messages 16
  • 17. During the planning stage Ask sales for their opinion • What key messages to deliver • What “offers” or “calls-to-action” prospects will respond to • What media to use • What’s a “qualified” lead? 17
  • 18. Use personas to drive messaging and offers • Job • Age • Education • Situation • Problems • Personal issues • 18 Goals
  • 19. Consensus is critical to your success Define a Marketing Qualified Lead 19
  • 20. Use lead qualification scoring to determine • Next steps – Lead nurturing – Telemarketing – Inside sales – Sales-ready – Routing to the correct sales contact 20
  • 21. Consider lead routing • To telemarketing? • To inside sales? • To field sales? • To reps, resellers or distributors? 21
  • 22. During the planning stage Ask for their opinion • What tools they need to better – Compete – Demo – Propose – Close 22
  • 23. Ask for their opinion During development • Ask them to review and comment on preliminary drafts – Personas – Messages – Offers and calls-to-action – Media – Materials – “Marketing Qualified Lead” definitions 23
  • 24. Ask for sales’ opinion After rolling it out • What’s working? Why? • What isn’t working? Why? • How is the competition responding? And what should we do about it? • What else is needed? 24
  • 25. Ask for their opinion Who should you ask? • Sales Managers • The top performers • The loudmouths • The old pros • The newbies 25
  • 26. How long before B2B inquirers buy? • 0-6 Months: 23%-27% • 7-12 Months: 15%-18% • 12-18 Months: 25%-33% • 19+ Months: 19%-25% Source: Clients of Mac McIntosh & AcquireB2B 26
  • 27. How long before B2B inquirers buy? In other words • Three out of every four sales come from longer- term leads • Marketing needs to nurture these longer-term leads until they are determined to be sales- ready (MQLs) 27
  • 28. Make offers that align with where prospects are in their buying process •Case studies • Assessments •Info kits • Consultations •Decision tools •How-to guides • Custom demos •Webinars •White papers • Seminars • Quotations • Buy-now incentives
  • 29. Types of offers  Application notes  Free samples  Product comparisons  Articles  Free trials  References  Assessments  Gift with purchase  ROI calculators  Case studies  How-to guides  Self-assessments  Checklists  Information kits  Seminars  Configurators  Lunch and learns  Tutorials  Demonstrations  Needs assessments  Videos  Discounts  News  Webinars  Buy-now incentives  Newsletter subscriptions  Whitepapers  E-books  Phone consultations  Workshops  Executive briefings  Pricing 29
  • 30. Tips About offers • Tailor offers for your various buyer personas • Create a suite of offers, each addressing the various steps in each persona’s buying process • Educational offers often work best • Create new offers by repurposing, refreshing and rebundling existing content • A good title can quadruple response 30
  • 31. The Old Approach Competitor Information steals the sale is sent TIME Sales Prospect is Prospect is follows up? ready to buy Closed identified sale 31
  • 32. Lead nurturing strategy • Build sales-winning relationships with prospective customers as they move through their buying process – Awareness to inquiry – Inquiry to consideration – Consideration to purchase • Concurrently attempt to identify the qualified, qualified (sales-ready) opportunities 32
  • 33. The Lead Nurturing Approach Competitor Relationship Marketing bounces out ( E-mails, Mail, Phone ) TIME Prospect is Perfectly-timed Closed identified sales call sale 33
  • 34. Best practices Allow sales to pass leads back to marketing • If leads are determined to not really be sales-ready • For further nurturing • For re-qualification 34
  • 35. How often should you pro-actively contact prospects? • From their point-of-view, the keys are relevance and usefulness • From your point of view, frequency depends on • What happened last • The value of the prospect • The media used • What relevant and useful information you can offer 35
  • 36. Make the right offers (calls-to-action) • Aligned with where your prospective customers are in their buying process • To help move them forward – From awareness to inquiry – From inquiry to consideration – From consideration to purchase 36
  • 37. Lead Nurturing results • 23% to 306% more qualified leads • 108% to 260% more revenue per customer Source: Clients of Mac McIntosh & AcquireB2B 37
  • 38. Best practices • Determine the number of sales-ready leads needed to help salespeople meet their goals – Ask for my free Marketing Lead Calculator™ • Remember to factor in the sales cycle time 38
  • 39. Understand your marketing-to-sales funnel Marketing Touches Inquiries (responses) Marketing Qualified Leads Sales Accepted Leads Sales Qualified Leads Closed Sales 39
  • 40. Tip • Give sales (and management) visibility into what happens earlier in the funnel 40
  • 41. The truth about sales lead follow-up • Sales will follow up if the leads you generate for them are truly qualified, sales-ready opportunities • Reporting back on lead follow-up is another matter 41
  • 42. To “close the loop” and learn about lead follow-up and results • Minimize the paperwork – Leverage the CRM system • Consider incentivizing them 42
  • 43. Consider incentivizing follow up • Higher commissions on followed-up leads • Create a “Frequent Follow-up” or “Mystery Lead” program • Trophies and plaques 43
  • 44. Best practices • Call two customers or prospects each week • Walk a mile or two in sales’ shoes – Regularly attend the other team’s meetings • Sales attend marketing meetings • Marketing attend sales meetings – Accompany sales on sales calls • Offer a makeover of their homemade materials 44
  • 45. In summary • Marketing’s most important “customers” are your salespeople (and/or channel partners) • The keys to getting marketing aligned with sales 1. Shared goals and objectives 2. Incentivize the behaviors you want 3. Makeover or provide better sales materials 4. Aim for continuous improvement 45
  • 46. Additional resources • Marketing for Leads Calculator™ • Marketing Optimization Kit™ – Three ways to get them: • Visit www.acquireb2b.net/demandcon2012 • Give me your business card • Email me at mcintosh@acquireb2b.com 46
  • 47. Remember • If it was easy, they wouldn’t need you! 47
  • 48. Thank you! M. H. (Mac) McIntosh, President mcintosh@acquireb2b.com +1-401-234-4406 @B2B_Sales_Leads www.linkedin.com/in/salesleadexpert www.acquireb2b.com www.sales-lead-experts.com 48

Editor's Notes

  1. Top performing companies grew twice as fast, had more in the pipeline and converted more into sales
  2. Top performing companies grew twice as fast, had more in the pipeline and converted more into sales
  3. MeasureNumber & percentageCount all of these salesNew customersNew business from existing customersReactivated customers