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Bridging the Great Divide: Sales & Marketing Alignment Chris Golec | Founder & CEO June 11, 2015 2015 CHIEF MARKETING OFFICER LEADERSHIP FORUM: SPOTLIGHT ON FINANCIAL SERVICES (NEW YORK)

Bridging the Great Divide: Sales and Marketing Alignment Financial Services

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Page 1: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

Bridging the Great Divide:Sales & Marketing Alignment

Chris Golec | Founder & CEOJune 11, 2015

2015 CHIEF MARKETING OFFICER LEADERSHIP FORUM: SPOTLIGHT ON FINANCIAL SERVICES (NEW YORK)

Page 2: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

Evolution of B2B Marketing

1995 2000 2005 2010 2015

Get a Web Site

DriveTraffic

FunnelOptimization

What’sNext

Page 3: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

1. SiriusDecisions’ “2015 State of Account-Based Marketing”2. Demand Metric “Defining Digital Impact in the B2B Enterprise”

of companies said Account-Based Marketing is “extremely” or “very” important to their efforts. 192%of marketers employing ABM stated they are aligned with sales. 191%

of companies employing ABM plan to invest more in technology over the next 12 months. 1 61%of B2B companies are aware of ABM. 2 75%

Page 4: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

Traditional Marketing Metrics

Clicks Visitors LeadsX X X

Page 5: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

5

Misaligned priorities create a chasm

SALESMARKETING

Leads

Personas

Quantity

Individuals

Opportunities

Buyers/Influencers

Quality

Accounts

Page 6: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

6

Result in Misalignment w/ Sales

MARKETING

“We delivered1,238 MQLs this quarter.

+27% above goal!”

SALES

“Marketing isn’t supporting us”

Page 7: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

7

Leads aren’t valued…

of marketing generated leads are

never followed up by sales.

50%

- Miller Pierce, 2014 VOC Study

Page 8: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

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3 Major Problems Facing B2B

Awareness programs not

targeted

85% of web visitors are not potential

customers*

Static B2B web sites offer no

personalization

80% of web visitors

abandon websites< 5 seconds*

Few quality hand raises and often too late in buying cycle

97% of web visitors

will ignore call to action*

* Analysis on 1 Billion API calls per month from 100+ B2B web sites

Page 9: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

9

B2B Buying has Changed!

SALESCALL

LEAD

SOCIALMEDIA

WEBSITEVISIT

SEARCH

DETERMINEPROBLEM

WEBSITEVISIT

WEB RESEARCH

FRIENDS AND FAMILY

70% of Buying Happens on Your Web Site Before a Hand Raise… So Don’t Wait for Someone to Fill Out a Form!

Page 10: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

10

ABM - It ain’t rocket science

Identify the right accounts

Market to those accounts

Measure by accounts

Page 11: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

11

Why Measure by Account?

TargetAccount

Home PageVisits*

Corp Solutions

Page VisitsLanding Page.

Visits Conversions

178 1 0 0

20 0 0 0

550 3 0 0

995 9 4 0

366 0 0 0

* Cisco-Webex web site traffic for “Top 5” Enterprise targets (1 month)

Page 12: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

Plan, Execute & Measure by Account

Awareness

by Account

Engagement

by AccountOpportunities

by AccountBy industryBy revenueBy TerritoryNamed accountsStrategic accountsRenewal accountsCompetitor accountsvs.

clicksvs.

visitorsvs.

leads

Page 13: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

A More Interesting Example ofAccount-Based Marketing at Demandbase

Page 14: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

14

Marketing to VC’s

Page 15: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

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“Demandbase Uses it’s Own Tech to Raise a Round”

March 28, 2013

Page 16: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

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Targeting the Top VC’s (Accounts)

Demandbase targeted select venture capital firms with a personalized display ad to build awareness and show off technology.

www.demandbase.com

Page 17: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

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Personalized Off-Site & On-Site Experience

Real-time display of Scale’s Ventures web site image on the Demandbase web site

Page 18: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

18

Advertising & Web Site Engagement Connected Into CRM

CumulativeWeb SiteActivity

(Page Views)

Page 19: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

©2014 Copyright Demandbase, Inc. Demandbase Confidential.

19

The More Practical ABM Payoff (2014 Results)

+26%

Deal Size

+7%

Velocity

+75%

Close Rate

Page 20: Bridging the Great Divide: Sales and Marketing Alignment Financial Services

Thank you!

Chris [email protected] 415.336.1935

Please ask me about our “ABM Workshops”