Creating Predictable Revenue

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Transcript of Creating Predictable Revenue

Creating Predictable

Revenue

Bill Binch

VP Sales and Customer Success

Marketo, Inc

2009was thebiggest single yeardropin revenue.

The Road to Predictable Revenue

Source: CSO Insights 2010 Study comparing the last 16 years.

52%

of sales reps

DID NOT ACHIEVEtheir sales goal.

The Road to Predictable Revenue

Source: CSO Insights 2010 Study

Quotas

Continue to

Rise! 84%of Quotas Higher

Year over Year

The Road to Predictable Revenue

Source: CSO Insights 2010 Study

6 out of 10 CompaniesRate Their

LEAD

GENERATIONas Sub Par

The Road to Predictable Revenue

Source: CSO Insights 2010 SPO Sales Strategy Analysis

To Make

1 sale The Average Rep

Needs to Make

1,000Phone Calls

The Road to Predictable Revenue

Source: "Cold Calling Dead or Alive" - Doyle Slayton

Buyers

overloaded

with

information

The Road to Predictable Revenue

The Road to Predictable Revenue

More Than

Messages Per Day

Average

Attention

Span

9 seconds

The Road to Predictable Revenue

The Sales Machine

on its own,

IS NOT SUFFICIENT

to driverevenue growth

The Road to Predictable Revenue

Source: Demand Gen – The New Revenue Engine

Systematic

Repeatable

Consistent

Spans marketing & sales

Drives predictable revenue

The Road to Predictable Revenue

What’s needed?

The New Revenue Engine

Top Sales

Effectiveness

Initiative 2010

Boosting Lead Generation

The Road to Predictable Revenue

Source: CSO Insights 2010 SPO Going Forward Analysis

45%

The Road to Predictable Revenue

Lead

Qualification

Determine if

prospects want to

engage with

Sales

Are You Ready?

VisibilityInto Prospect Interest and Behaviors

Helps You Connect

The Road to Predictable Revenue

Lead Nurturing

25% Uplift in

Qualified Leads

The Road to Predictable Revenue

Rev the Engine

Source: Marketo Lead Generation Secret Sauce Webinar

Lead Scoringwith a focus on

Buying Behaviors

Watch for Signs

The Road to Predictable Revenue

Prioritize

Sales Time

to increase

revenue by

23%

The Road to Predictable Revenue

Optimize the Engine

Source: Revenue Cycle Optimization Study

BIG Benefits

The Road to Predictable Revenue

IncreasingLead Conversions

GeneratesMore Deals

The Road to Predictable Revenue

The Road to Predictable Revenue

Prioritizing

leads increases

Sales Productivity

Optimizing your

Marketing and

Sales Cycle…

The Road to Predictable Revenue

Source: Aaron Ross, Predictable Revenue

CreateGreater Revenue

Let’s Grow!

The Road to Predictable Revenue

Highlights from the Revenue Engine eBook

Know your Revenue Cycle

Converse with your Prospects/Customers

Execute

The Road to Predictable Revenue

Page 24

Cust-omer

Marketo Revenue Cycle

Pe

nd

ing

ProspectRecycled

Lead Oppor-tunity

Aw

are

ne

ss

Name & Email

In-ProfileSales-Ready/ Score>65

Sales Active

Anony-mous

Inq

uir

y

Nurturing Database

~60 days ~45 days

Lead a ConversationToday’s buyer buys on their terms

The Road to Predictable Revenue

60 WeekThought Leadership

Best Practices

Product

Recycle

The Road to Predictable Revenue

Elevator PitchCreate and confirm

The Road to Predictable Revenue

DifferentiatorSomething only you can do and no one

else can

The Road to Predictable Revenue

Leave no lead behindEvery lead should have a path

The Road to Predictable Revenue

CompeteBetter/equal/worse than your

competition?

The Road to Predictable Revenue

Page 31

Marketo, Inc.901 Mariners IslandSuite 200San Mateo, CA 94404

Direct: +1.650.376-2299

blog.marketo.comwww.marketo.com

Bill BinchVice PresidentSales & Customer Success

bill@marketo.com

Contact Me