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How NOT to Sell to Marketers - Uberflip

How NOT to Sell to Marketers - Uberflip | The MarTech Digest | Scoop.it

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Marteq's insight:

Except for #3, you could easily say that this is applicable to all sales and marketing efforts.

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Automation: How Marketing Can Sync With Sales - Profs

Automation: How Marketing Can Sync With Sales - Profs | The MarTech Digest | Scoop.it

Digest...


Deliver as much data as possible

The first stage in collaborating with Sales: track the heck out of your prospects with marketing and CRM systems.  Data is important, but insights are gold. Enable Sales to perform better by providing context for the data. Include a summary of pain points that prospects have, and provide the best positioning options (qualification questions, supporting content, and other resources).

 

Score activity and contact

Summarize the information in a way that allows Sales to better see who prospect are, what actions they've taken, and which pain points afflict them that your product or service can resolve.

 

Have metrics reach all the way to Sales

Show me a marketing department that looks only at cost per lead, and I'll show you a marketing department that is wasting money. Marketing needs to see what works for Sales if it is to invest wisely.

Metrics such as cost per opportunity and cost per win allow the marketing department to get a clearer view of what it should continue doing and what it should ditch.

 

Don't rely solely on digital

The most important part of sales and marketing alignment is face-to-face communication.

For some groups, quick and casual face-to-face hallway conversations work well. For large businesses, including those with multiple offices, try a focus group.

 

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Marteq's insight:

The most important way to sync with Sales is through the marketing automation planning process, and then ongoing through an established meeting schedule. Build those SLAs upfront, then continually report.

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Are Salespeople Screwing Up B2B Marketing Performance? - Marketing Interactions

Are Salespeople Screwing Up B2B Marketing Performance? - Marketing Interactions | The MarTech Digest | Scoop.it

Digest...


Given those three reasons and assuming that a buyer has been nurtured and qualified before being handed off to sales (although research shows this doesn't happen for most companies who toss form completions to sales - but ignoring this) then it's up to the salesperson to capitalize on the work that's already been done. Or to screw it up. I'm seeing more and more sales communications that are screwing it up.

 

If your salespeople can't even be accurate about the type of interaction had with your company, what will your prospects think? And why, after one white paper download, do salespeople pursue leads? And, if they're going to do so, they'd damn well better figure out something more relevant that the email above. Which actually could be from any company, it's so vague.

 

So I ask you: How much damage are your sales team's practices doing to your marketing performance?

 

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Marteq's insight:

Absolutely correct! Marketing puts a tremendous amount of effort into persona building, content creation, etc., and then contact eventually becomes an MQL passed to Sales. Are they handling it in the same professional manner?

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The Hidden Sales Cycle Revisited | Aberdeen Group

The Hidden Sales Cycle Revisited | Aberdeen Group | The MarTech Digest | Scoop.it

Excerpted and condensed...


The fact is that there’s always been a hidden sales cycle to some degree. We sought advice from friends and family, we read magazines and reviews (OK, not technically hidden, since there were advertising platforms), and consulted with analysts, colleagues, and committees for large corporate purchases. Social media and search have accelerated, expanded, and democratized its impact however. It’s easier than ever to find multiple sources of information and expertise.

 

Aberdeen’s 2012 “B2B Social Media Marketing: Are we There Yet?“ report found that buyers communicating on social networks was the number one pressure driving adoption of social media marketing. Companies who thought they could manage the conversation by managing information may now find themselves at a loss.

 

However, unlike the old hidden sales cycle, the new hidden sales cycle can be discovered, monitored and engaged. This presents unique opportunities for brands to “be the disruption” or at least be part of the information flow.


Marteq's insight:

This goes hand in hand with the notion that the campaign may be dead, and that the prospect has control over the sales cycle. What to do? Be there with valuable content, capture info, and drip away.


  • See the article at blogs.aberdeen.com
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SLA: Cumulative MQLs Delivered to Sales | SiriusDecisions Blog

SLA: Cumulative MQLs Delivered to Sales | SiriusDecisions Blog | The MarTech Digest | Scoop.it
Service-level agreements (SLAs) between marketing and sales are sometimes perceived by sales as one-sided.


...Marketing should use an SLA to make a commitment to sales, including a timeframe for newly generated leads (e.g. from an event) to be entered into the lead management process. Marketing should also specify the treatment these leads will receive (e.g. placement into a nurturing program). In addition to committing to a timeframe and engagement strategy for new leads, many marketing organizations commit to the cumulative number of marketing qualified leads (MQLs) they will deliver to sales. Note: The definition of an MQL should be agreed upon by marketing and sales and should be automated through a lead-scoring model.


This cumulative-MQL SLA component does not deal with the timeframe for MQL engagement, but with how many MQLs the marketing organization commits to send to sales during a specified time period. It can be made more precise by specifying the number of MQLs that will be delivered for different types of contacts (e.g. from a specific industry or for a particular solution). This can be valuable for organizations with several different product lines or business units.

Marteq's insight:

With the marketing technology available today, we see no reason why SLAs shouldn't be pursued. Once there is an agreement by all parties, then the final decision as to success/failure is quantitative...NOT qualitative. If complaints still exist, then further define the elements that compose the SLA!


  • See the article at www.siriusdecisions.com
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B2Bs Struggling With Online Marketing Mix; Sales Cycle Gets Longer - Profs

B2Bs Struggling With Online Marketing Mix; Sales Cycle Gets Longer - Profs | The MarTech Digest | Scoop.it

Summary...


US B2B marketers are struggling to optimize their online marketing mix, with many unable to segment and target the right decision-makers or measure program success across the entire marketing funnel, according to the results of a survey developed and fielded by Crain's BtoB magazine and business audience marketing company Bizo.

 

Moreover, the sales cycle has lengthened for the plurality of B2B companies (43%), increasing pressure on Marketing to boost brand awareness to help deliver leads and effectively nurture them through a prolonged buying process, the study found.

 

Among the study's key findings:

  • Only 40% of respondents say their online marketing mix is meeting the needs of the sales pipeline.
  • One-third of respondents report their biggest online marketing challenge is accurately measuring and attributing online conversions to the correct marketing channels.
  • Fully 79% say that differentiating on brand is a priority for their organization.


Marteq's insight:

With all the marketing technology available in the market, it just seems like the same sad song. Look: at the end of the day, it's about sales and marketing collaborating. At times, even marketing automation is a line of demarc, not a bridge. Work with Sales and identify the right tactics to bring prospects along the sales cycle.


  • See the article at www.marketingprofs.com
  • Receive a daily summary of The Marketing Automation Alert directly to your inbox. Subscribe here (your privacy is protected).
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  • iNeoMarketing merges marketing automation with content marketing for a powerful lead management solution, configured and managed by our knowledgeable, experienced staff.  Contact us.
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