87% of the terms sales & marketing use to describe each other are negative.

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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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87% of the terms sales & marketing use to describe each other are negative. Source: Corporate Executive Board survey, http://bit.ly/wQCz4b . Search Engine Optimization. Blogging & Social Media. Lead Generation. Lead Management. Email & Automation. Marketing Analytics. 2. Only 45% - PowerPoint PPT Presentation

Transcript of 87% of the terms sales & marketing use to describe each other are negative.

Page 1: 87% of the terms  sales & marketing  use to describe each other are negative.

87% of the terms sales & marketing use to describe each other are negative.

Source: Corporate Executive Board survey, http://bit.ly/wQCz4b

Page 2: 87% of the terms  sales & marketing  use to describe each other are negative.

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Search EngineOptimizationBlogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

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Only45% 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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Search EngineOptimizationBlogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

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Companies with strong sales & marketing alignment get20% annual revenue growth.

2010 study by the Aberdeen Group, http://bit.ly/zmIJQD

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Search EngineOptimizationBlogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

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All You Need to Knowto Align Sales and Marketing

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Mike VolpeChief Marketing Officer, HubSpot

@mvolpe

Mark RobergeVP 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 Smarketing1

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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

VisitorsLeads / Inquiries

Marketing Qualified LeadsSales Qualified Leads

OpportunitiesCustomers

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What is an MQL?

Stimulate Interest

Follow-upQuickly

Avoid TakeOrders

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 WaysMarketing 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 Type

Average Revenue

/ Custome

r

MQL to Customer Close

%

Value per MQL

Whitepaper $160,000 1.0% $1,600Webinar $100,000 1.5% $3,000Online Demo

$150,000 2.0% $3,000

Tradeshow $125,000 1.0% $1,250Contact Sales

$110,000 10.0% $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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ManagingSmarketing2

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Managing Smarketing

1. Dashboards & Reports

2. Meetings

3. Other Communication

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DashboardsGet individuals and teams to fix problems without management intervention.

• Frequent• Public• Transparent

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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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Other Communication

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Summary of Smarketing Tips

1. Before you begin Smarketing1. Set up closed-loop reporting metrics2. Add closed-loop lead intelligence and info3. Agree on funnel stage terminology4. Implement an SLA for both teams

2. Managing Smarketing1. Daily dashboards drive behavior2. Monthly reports provide transparency3. Weekly Smarketing meeting4. Monthly management meeting5. Consolidate other communication

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What is HubSpot?

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You can do marketing this way.

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Or you can do marketingthis 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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Search EngineOptimizationBlogging & Social Media

Lead Generation

Email & Automation

Marketing Analytics

Lead Management

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THANK YOU.MIKE VOLPEChief Marketing Officer, HubSpot

@mvolpe

Mark RobergeVP of Sales, HubSpot

@markroberge

#SMARKETING

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Get a Free Assessment of Your Marketing:www.HubSpot.com/IMA

WebinarQ&A

#SMARKETING