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BUILD A REVENUE ENGINE DEMAND GEN, FUNNELS & SMARKETING Hana Abaza, @hanaabaza #SAASNORTH

"Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

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Page 1: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

BUILD A REVENUE ENGINE DEMAND GEN, FUNNELS & SMARKETINGHana Abaza, @hanaabaza#SAASNORTH

Page 2: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

ASSUMPTION: YOU’VE ACHIEVED PRODUCT / MARKET FIT

If you don’t, 90% of this presentation is not applicable to

you.

Page 3: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

YOU NEED MORE THAN A GREAT PRODUCT TO SCALE

You need effective system for improving process and

expanding revenue operations.

Page 4: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

3 Phases of Evolution

Page 5: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 6: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 7: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 8: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 9: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHERE ARE YOU NOW?

Wizard of Oz Scooby Doo Oceans 11

Page 10: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Marketing

SalesCustomer Success

B2B SAAS REVENUE ENGINE

Page 11: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

SALES & MARKETING ARE ON THE SAME SPECTRUM

Sales Sales Sales Demand Marketing + Sales *Brand & Demand + Sales

Page 12: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Support (reactive) Support & Success Support, Success, Advocacy

CUSTOMER SUCCESS IS THE KEY TO GROWTH

Page 13: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHERE DO YOU BEGIN & HOW DO YOU EVOLVE?

Where you focus first depends on your model, your market and

your core strengths.

Page 14: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

POSITIONING

If you think this is a marketing thing, you’re doing it wrong.

Page 15: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

“Marketing is about making it easy for people to find, evaluate and buy your products.

Positioning is figuring out what your product is in the first place.”

More April: rocketwatcher.com

- April Dunford, CEO of Sprintly

Page 16: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

“Marketing can polish a turd. Positioning can turn turds into fertilizer.”

More April: rocketwatcher.com

- April Dunford, CEO of Sprintly

Page 17: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW DO PEOPLE THINK ABOUT YOUR PRODUCT?

Are you a turd or are you fertilizer?

Page 18: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHAT’S THE CONTEXT IN WHICH PEOPLE THINK ABOUT YOUR PRODUCT?

Price, customers, competition, brand, channels, message.

Page 19: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHAT LANUAGE DO PEOPLE USE TO TALK ABOUT ABOUT YOUR PRODUCT?

How do your customers explain your product to their

colleagues?

Page 20: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

PERSONASThese are your new BFFs – find

out everything you can about them

Page 21: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

“By not deciding on one of these personas, we paid a gigantic, invisible ‘optionality’ tax.”

Source: readthink.com

- Brian Halligan, CEO of HubSpot

Page 22: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE PROBLEM WITH MOST STARTUPS ISN’T A LACK OF IDEAS, IT’S A LACK OF CLARITY & FOCUS.

Hana Abaza | @hanaabaza#SAASNORTH

Page 23: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

MARKETING

Marketing in B2B SaaS requires different grow levers and

processes.

Page 24: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

DEMAND GENERATION IS A CORE ELEMENT OF DRIVING GROWTH

But it’s poorly understood and badly implemented.

Page 25: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

BUT WHAT EXACTLY IS DEMAND GENERATION?

It’s about creating urgency with buyers that are complacent.

Page 26: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Demand generation is the engine that generates leads, identifies and

nurtures qualified prospects, and optimizes conversion throughout the

buyer cycle.

Page 27: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 28: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

These people are different!

Page 29: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Messaging, tactics and channels change. You need

to generate demand.

Page 30: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

TACTICS THAT FUEL DEMAND

Page 31: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

CONTENT EVENTS PAID

CORE DRIVERS

PARTNERS ORGANIC ACCOUNT BASED MARKETING

Page 32: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

FOCUS ON WHERE YOUR PEOPLE ARE.

Page 33: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

CONTENT

Page 34: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

will produce more content than they did in 2015

77%

of B2Cmarketers

76%

of B2Bmarketers

Page 35: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

CONTENT

ENVIRONMENT

COMPLEX

Page 36: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Over 841,000 “Mind-Blowing” Marketing Posts

Page 37: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Almost 563,000 Ultimate Guides to Marketing

Page 38: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Too many to count.

Page 39: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 40: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 41: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

CONSUMERS ARE CREATING MORE CONTENT THAN EVER

Page 42: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 43: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016
Page 44: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

DESPITE THE NOISE

Page 45: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

CONTENT CAN BE A POWERFUL GROWTH DRIVER

Define your brand, generate leads, nurture prospects, persuade buyers, and empower advocates.

Page 46: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WE NEED TO CHANGE HOW WE THINK ABOUT CONTENT MARKETING.

Content needs to be more targeted, relevant and engaging.

Page 47: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW CAN WE GET MORE TRAFFIC?

Page 48: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW CAN WE GET MORE TRAFFIC?

Page 49: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW CAN WE HIT OUR GOALS WITH LESS TRAFFIC?

Page 50: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Blog Articles“Snacky” Content

Long Form

Premium (gated)ebooks/whitepapers

Webinars

WHAT CONTENT TYPES DO YOU FOCUS ON?

Visual ContentSlideShare, Videos

Infographics

Page 51: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE CONTENT MARKETING POWER LAW

A small portion of your content is responsible for the majority of

your results.

Page 52: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE VAST MAJORITY OF CONTENT UNDERPERFORMS

Buzzsumo analyzed one million random B2B blog articles.

Page 53: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE MEDIAN NUMBER OF SHARES FOR B2B CONTENT?

Page 54: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE MEDIAN NUMBER OF SHARES FOR B2B CONTENT? 8

Page 55: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE TOTAL NUMBER OF SHARES FOR AUTUMN’S VIDEO?

Page 56: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

THE TOTAL NUMBER OF SHARES FOR AUTUMN’S VIDEO? 16

Page 57: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

FOCUS ON HIGH-VALUE CONTENT AND WATERFALL THE HELL OUT OF IT

High-value content is relevant, data-driven and unique to you.

Page 58: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WATERFALL CONTENT ACROSS MANY CHANNELS

PR StrategyGuest blogging WebinarseBooks/WhitepapersBlog Posts IRL Presentations SEO

Page 59: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

EVENTS

Page 60: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHEN DOES IT MAKE SENSE TO DO EVENTS?

New CategoryInnovative ProductHigh Price Point Hard to Access Buyer

Page 61: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

PAID CHANNELS

Page 62: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

ARE PEOPLE READY TO BUY?

Page 63: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Ready to buy?

YesAcquisition

focused (demo/signup)

Handoff to Sales

Page 64: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Ready to buy?

No Lots of Education Required

Content Focused Approach

Capture & Nurture Leads

YesAcquisition

focused (demo/signup)

Handoff to Sales

Handoff to Sales

Page 65: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

PARTNERS

Page 66: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHEN SHOULD YOU DO PARNTER MARKETING?

Complimentary ProductsOverlapping AudienceTargeted Topic

Page 67: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

PARTNER MARKETING IS ABOUT ALIGNMENT & AUDIENCE

Agree on goals, promotional plan, topic and targeting

upfront.

Page 68: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

DEFINE YOUR FUNNEL

Page 69: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

YOUR FUNNEL

Lead

Customer

Page 70: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Lead

Customer

Lead

Qualified Lead

Customer

YOUR FUNNEL

Page 71: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Lead

Customer

Lead

Qualified Lead

Customer

Lead

Marketing Qualified Lead

Sales Accepted Lead

Sales Qualified Lead

Opportunity

Customer

YOUR FUNNEL

Page 72: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNEL

Page 73: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNELCampaigns, Programs, Data, Nurture, Scoring

Page 74: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNEL

Lead Qualification and Management

Campaigns, Programs, Data, Nurture, Scoring

Page 75: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNEL

Lead Qualification and Management

Sales / Sales Enablement

Campaigns, Programs, Data, Nurture, Scoring

Page 76: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNEL

Lead Qualification and Management

Sales / Sales Enablement

Campaigns, Programs, Data, Nurture, Scoring

Customer Marketing/Sales

Page 77: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Opportunity

Customer

Sales Qualified Leads

Sales Accepted Leads

Marketing Qualified Leads

Leads

YOUR FUNNEL

Lead Qualification and Management

Sales / Sales Enablement

Campaigns, Programs, Data, Nurture, Scoring

Customer Marketing/Sales

Bi-directional Funnel,

Feedback Loops

Page 78: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW DOES IT WORK WITH SALES?

Page 79: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

SALES

Page 80: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

3 KEY ELEMENTS OF GOOD SMARKETING

Qualifying Criteria, Lead Handoff, Funnel Operations

Page 81: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Lead Qualifying

Criteria

Lead Handoff Process

Funnel Operations

Page 82: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

WHAT MECHANISMS ARE IN PLACE TO RE-ENGAGE LOST LEADS?

Funnel operations are core to scaling your engine and

improving efficiency.

Page 83: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

LOST TO A COMPETITOR?Automated follow-up at 5 and 11 months

Page 84: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

LOST DUE TO BUDGET?Long-term nurture, re-engage with promotions/campaigns

Page 85: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

HOW DO WE PUT IT ALL TOGETHER?

Page 86: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

REMEMBER THESE CORE PRINCIPLES.

Page 87: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Smarter Smarketing

Page 88: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Smarter SmarketingCan You Funnel?

Page 89: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Smarter SmarketingCan You Funnel?

Go Where Your People Are

Page 90: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

Smarter SmarketingCan You Funnel?

Go Where Your People AreDeath and (optionality) Taxes

Page 91: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

AND THE MOST IMPORTANT QUESTION OF ALL...

Page 92: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016

vs.

Are you fertilizer or a turd?

Page 93: "Building a Revenue Engine: WTF is Demand Generation and how do you do it?" at SaaS North 2016