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Achieve Account-Based Selling
Goals Solving the Alignment
Dilemma
Barbara Giamanco, Social Centered Selling
Barbara Giamanco is CEO of Social Centered Selling and
host of the Conversations with Women in Sales podcast.
Barb and her team can help your company and sales
organization adapt to today’s modern buyer, amplify
your brand and message, improve demand and lead
generation and increase revenue.
Committed to excellence in selling, Barb contributes her
expertise and content to the Sales Experts Channel, Top
Sales World, Women Sales Pros and through her blog
and podcasts.
Barb was recognized by Tenfold as one of the
world's Top 65 Women Business Influencers alongside
leaders like Arianna Huffington, Sheryl Sandberg, and
Melinda Gates.
Visit www.scs-connect.com www.barbaragiamanco.com
www.twitter.com/barbaragiamanco
www.linkedin.com/in/barbaragiamanco
The Sales
Experts’
Sales
Summit
August 7: Sales and Marketing Alignment
Barbara Giamanco: Achieve Account-Based Selling
Goals
Barbara Weaver Smith: Grow an Enterprise
Account
Lisa Dennis: Pulling A Value Prop into Sales
Messaging
Don’t miss this series—live or on demand!
Today’s conversation
• Why experience matters
• The why of alignment
• Current challenges
• Opportunities
• Actions to take now
Misalignment
between sales
and marketing is
an age old
problem…
And solving the
problem has
never been more
important!
Experience
matters
The sales experience
begins with the very first
interaction with a buyer
and continues throughout
the decision-making
process and beyond.
By 2020 customer
experience will
overtake price &
product as the key
brand differentiator
according to the
Walker 2020
Customers Report.
ROI is the
alignment why
Alignment
drives
revenue and
performance.
Aligning sales and marketing also leads to 38%
higher sales win rates (source:
MarketingProfs).
Sales and marketing alignment can help your
company become 67% better at closing
deals (source: Marketo).
Companies with “dynamic, adaptable sales and
marketing processes” report an average of 10%
more sales people on-quota compared to other
companies (source: CSO Insights).
The bad
news?
There is still a
disconnect.
Companies with poor sales and marketing
alignment have a 4% revenue
decline (source: Aberdeen Research Group)
Only 8% of companies have strong alignment
between their sales and marketing
departments (source: Forrester Research).
B2B companies’ inability to align sales and
marketing teams around the right processes
and technologies costs 10% or more of
revenue per year (source: IDC).
Account based strategies are
popular but cannot work
without interdepartmental
alignment.
Account-based selling is a multi-channel sales
strategy which targets high value companies
based on an ideal customer profile. An Account-
based model predicts the organizations who
have the highest propensity to buy. A successful
strategy requires that sales, marketing and
customer success align to allocate resources to
highly targeted accounts.
Account-based marketing (ABM), also known as
key account marketing, is a strategic approach to
business marketing
based on account awareness in which an
organization considers and communicates with
individual prospect or customer accounts as
markets of one.
Recent Research
on the State of
Alignment
Biggest challenges
• Lack of accurate/shared data on target customer
• Communication
• Misaligned metrics and measurement
• Processes broken or not working
• Lack of accountability on both sides
• Reporting
Lack of accurate data
• Jointly clarify the ideal customer
profile
• Create and implement a data
strategy agreed on by
marketing/sales
• Current
• Complete
• Actionable
• Strive for consistent data
collection versus manual or ad hoc
Communication Sales Wants
• More & better quality
leads
• Stronger brand
awareness
• Sales collateral that’s
relevant
• Alignment on targeted
prospects
Marketing Wants
• Use systems consistently
• Follow up leads provided
• Campaign feedback
• Alignment on prospect
targets
• Use tools and messaging
provided
Improvement
opportunities
• Be proactive and communicate early and
often
• Insist on transparency from both camps
• Suggest solutions rather than questioning
or criticizing
• Solicit feedback from all team members
• Seek first to understand… always listen first
• Hold regular brainstorming sessions with
both sales and marketing
Misaligned
metrics and
measurement
Sales is focused on quota attainment
Moving opportunities through the pipeline
more quickly
Closing deals
Marketing is focused on top of funnel to
nurture/generate leads
Brand building activities
Campaigns
Improvement opportunities
Sales and marketing measured on similar activities
• Revenue impact
• Pipeline
• Lead quality and quantity
• Renewals and retention
• New business
• Product upsell
• Customer experience
Broken processes
Sales and marketing do not meet together
enough to…
• Discuss pipeline
• Define qualified/quality lead criteria
• Clearly define ideal customer profile
• Discuss/adapt/implement content and
collateral hand-off strategies
• Brand and customer experience
Lack of accountability
28% of sellers say they can do marketing’s job better
23% of marketers say they can do a better job selling
Marketing complains that sellers only chase deals
Sales thinks marketing just does events
Marketing thinks sales bullies them and doesn’t listen
Sales think marketing is not in touch with reality and measures nothing important
Oh really? See the problem?
Improve reporting
• Meet regularly
• Agree on most relevant reporting
• Use reporting provided to make
better decisions
• Adapt reporting as needed –
don’t just report to report
Summing it up…
• One team isn’t more important than the other
• Sales and marketing need each other to
succeed
• Working together means meeting often
• Gather feedback often
• Listen before criticizing
• Agree on customer profile, lead definitions,
reporting needed and more
• Proactively communicate, communicate,
communicate
Questions?
Don’t miss these summit
presentations today!
• Grow an Enterprise Account: 10 Steps to Collaborate on a
Campaign
• 1:00 PM Eastern or on-demand later
• Speaker: Barbara Weaver Smith, CEO The Whale
Hunters
• Pulling a Value Prop into Sales Messaging
• 5:00 PM Eastern or on-demand later
• Speaker: Lisa Dennis, President Knowledgence
Associates
Find the sessions here:
https://www.brighttalk.com/summit/4107-building-an-
account-based-sales-strategy/sales-marketing-
alignment/
Barbara Giamanco, Podcast Host
CEO Social Centered Selling
+1-404-647-4925
barbara.giamanco@scs-connect.com
www.linkedin.com/in/barbaragiamanco
www.twitter.com/barbaragiamanco
www.scs-connect.com
www.womeninsaleshub.com
Blog: www.barbaragiamanco.com
Conversations with Women in Sales Podcast - on
iTunes, Sticher, Spotify, Google Play and on the blog
©Copyright 2018 – Barbara Giamanco
Images licensed through iStock Photo, Adobe Stock and
Deposit Photos.

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Achieve Account-Based Selling Goals Solving the Alignment Dilemma

  • 1. Achieve Account-Based Selling Goals Solving the Alignment Dilemma Barbara Giamanco, Social Centered Selling
  • 2. Barbara Giamanco is CEO of Social Centered Selling and host of the Conversations with Women in Sales podcast. Barb and her team can help your company and sales organization adapt to today’s modern buyer, amplify your brand and message, improve demand and lead generation and increase revenue. Committed to excellence in selling, Barb contributes her expertise and content to the Sales Experts Channel, Top Sales World, Women Sales Pros and through her blog and podcasts. Barb was recognized by Tenfold as one of the world's Top 65 Women Business Influencers alongside leaders like Arianna Huffington, Sheryl Sandberg, and Melinda Gates. Visit www.scs-connect.com www.barbaragiamanco.com www.twitter.com/barbaragiamanco www.linkedin.com/in/barbaragiamanco
  • 3. The Sales Experts’ Sales Summit August 7: Sales and Marketing Alignment Barbara Giamanco: Achieve Account-Based Selling Goals Barbara Weaver Smith: Grow an Enterprise Account Lisa Dennis: Pulling A Value Prop into Sales Messaging Don’t miss this series—live or on demand!
  • 4. Today’s conversation • Why experience matters • The why of alignment • Current challenges • Opportunities • Actions to take now
  • 5. Misalignment between sales and marketing is an age old problem… And solving the problem has never been more important!
  • 7. The sales experience begins with the very first interaction with a buyer and continues throughout the decision-making process and beyond.
  • 8. By 2020 customer experience will overtake price & product as the key brand differentiator according to the Walker 2020 Customers Report.
  • 10. Alignment drives revenue and performance. Aligning sales and marketing also leads to 38% higher sales win rates (source: MarketingProfs). Sales and marketing alignment can help your company become 67% better at closing deals (source: Marketo). Companies with “dynamic, adaptable sales and marketing processes” report an average of 10% more sales people on-quota compared to other companies (source: CSO Insights).
  • 11. The bad news? There is still a disconnect. Companies with poor sales and marketing alignment have a 4% revenue decline (source: Aberdeen Research Group) Only 8% of companies have strong alignment between their sales and marketing departments (source: Forrester Research). B2B companies’ inability to align sales and marketing teams around the right processes and technologies costs 10% or more of revenue per year (source: IDC).
  • 12. Account based strategies are popular but cannot work without interdepartmental alignment.
  • 13. Account-based selling is a multi-channel sales strategy which targets high value companies based on an ideal customer profile. An Account- based model predicts the organizations who have the highest propensity to buy. A successful strategy requires that sales, marketing and customer success align to allocate resources to highly targeted accounts. Account-based marketing (ABM), also known as key account marketing, is a strategic approach to business marketing based on account awareness in which an organization considers and communicates with individual prospect or customer accounts as markets of one.
  • 14. Recent Research on the State of Alignment
  • 15. Biggest challenges • Lack of accurate/shared data on target customer • Communication • Misaligned metrics and measurement • Processes broken or not working • Lack of accountability on both sides • Reporting
  • 16. Lack of accurate data • Jointly clarify the ideal customer profile • Create and implement a data strategy agreed on by marketing/sales • Current • Complete • Actionable • Strive for consistent data collection versus manual or ad hoc
  • 17. Communication Sales Wants • More & better quality leads • Stronger brand awareness • Sales collateral that’s relevant • Alignment on targeted prospects Marketing Wants • Use systems consistently • Follow up leads provided • Campaign feedback • Alignment on prospect targets • Use tools and messaging provided
  • 18. Improvement opportunities • Be proactive and communicate early and often • Insist on transparency from both camps • Suggest solutions rather than questioning or criticizing • Solicit feedback from all team members • Seek first to understand… always listen first • Hold regular brainstorming sessions with both sales and marketing
  • 19. Misaligned metrics and measurement Sales is focused on quota attainment Moving opportunities through the pipeline more quickly Closing deals Marketing is focused on top of funnel to nurture/generate leads Brand building activities Campaigns
  • 20. Improvement opportunities Sales and marketing measured on similar activities • Revenue impact • Pipeline • Lead quality and quantity • Renewals and retention • New business • Product upsell • Customer experience
  • 21. Broken processes Sales and marketing do not meet together enough to… • Discuss pipeline • Define qualified/quality lead criteria • Clearly define ideal customer profile • Discuss/adapt/implement content and collateral hand-off strategies • Brand and customer experience
  • 22. Lack of accountability 28% of sellers say they can do marketing’s job better 23% of marketers say they can do a better job selling Marketing complains that sellers only chase deals Sales thinks marketing just does events Marketing thinks sales bullies them and doesn’t listen Sales think marketing is not in touch with reality and measures nothing important Oh really? See the problem?
  • 23. Improve reporting • Meet regularly • Agree on most relevant reporting • Use reporting provided to make better decisions • Adapt reporting as needed – don’t just report to report
  • 24. Summing it up… • One team isn’t more important than the other • Sales and marketing need each other to succeed • Working together means meeting often • Gather feedback often • Listen before criticizing • Agree on customer profile, lead definitions, reporting needed and more • Proactively communicate, communicate, communicate
  • 26. Don’t miss these summit presentations today! • Grow an Enterprise Account: 10 Steps to Collaborate on a Campaign • 1:00 PM Eastern or on-demand later • Speaker: Barbara Weaver Smith, CEO The Whale Hunters • Pulling a Value Prop into Sales Messaging • 5:00 PM Eastern or on-demand later • Speaker: Lisa Dennis, President Knowledgence Associates Find the sessions here: https://www.brighttalk.com/summit/4107-building-an- account-based-sales-strategy/sales-marketing- alignment/
  • 27. Barbara Giamanco, Podcast Host CEO Social Centered Selling +1-404-647-4925 barbara.giamanco@scs-connect.com www.linkedin.com/in/barbaragiamanco www.twitter.com/barbaragiamanco www.scs-connect.com www.womeninsaleshub.com Blog: www.barbaragiamanco.com Conversations with Women in Sales Podcast - on iTunes, Sticher, Spotify, Google Play and on the blog ©Copyright 2018 – Barbara Giamanco Images licensed through iStock Photo, Adobe Stock and Deposit Photos.