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Sales Vs. Marketing at Demandbase How Account-Based Marketing Brought us Together

Sales Vs. Marketing at Demandbase

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Sales Vs. Marketing at

Demandbase How Account-Based Marketing

Brought us Together

Gabe Rogol

VP Sales

Demandbase

Twitter: @gaberogol

Email: [email protected]

@Demandbase

#b2bmarketing

Shari Johnston

Sr. Director of Integrated Marketing

Demandbase

Twitter: @shariajohnston

Email: [email protected]

Sales and Marketing…

Can’t we all

just get along?

Key Topics

MARKETING SALES • How we aligned marketing and sales to build a

winning team

• Using Account-Based Marketing to optimize our

marketing budget and sales resources

• Showcasing how this strategy improved

conversion rates and results throughout the

funnel

The sales and marketing divide

MARKETING SALES

Leads

Personas

Quantity

Individuals

Opportunities

Buyers/Influencers

Quality

Accounts

MARKETING SALES

The result…

Marketing isn’t

supporting us

We delivered

1,238 MQLs this quarter.

+27% above goal!”

Focusing on volume wastes time and money

4.4% Inquiries

Convert

.03% Inquiries to

closed/won

Source: Sirius Decisions

Leads aren’t valued…

of marketing generated leads are never followed up by sales.

50%

- Miller Pierce, 2014 VOC Study

The buying process happens before the lead is created

SALES

CALL LEAD

SOCIAL

MEDIA

WEBSITE

VISIT

SEARCH

DETERMINE

PROBLEM

WEBSITE

VISIT

WEB

RESEARCH FRIENDS

AND FAMILY

Typical B2B Buying Process

B2B can’t use B2C tactics

Spray and Pray • Quantity ≠ quality

• Wasted resources

Persona Marketing • Targeting based on behaviors

• Right person, wrong company

Targeting Accounts • B2B buys & sells by account

• Aligns marketing with sales/revenue

Why Account-Based Marketing?

• Ensures attention is given to top prospects/customers

• Defines growth and timing based on account specifics

• More efficient with a defined universe

• Delivers on their target accounts

• Linked to greater customer satisfaction and retention

• Customers experience less noise, respond at higher

rates to more relevant outreach

Focuses on Best Opportunities

Supports Sales Reality

Delivers Customer-Centric Experience

ABM - It ain’t rocket science

Identify the right accounts

Market to those accounts

Measure by accounts

Account-Based Marketing at

Demandbase

The Process

1

2

3

4

5

6

Identify stakeholders in marketing and sales

Use predictive analytics to help establish target account list

Scrub list with sales and marketing stakeholders

Develop marketing and sales engagement plans around those accounts

Execute marketing programs

Refresh target list quarterly

Predictive Analytics

Identifying common business characteristics of customers and pipeline accounts to establish a list of high value prospects

For Demandbase, this was NOT about lead scoring

3

2

1

Identifying key account attributes

Multimedia

Technologies Analytics Marketing

Automations

Web Hosting

Platforms Live Chat

4

Overall technology applications used

Complexity of website

Social Activity

Revenue

The DB 1500

Confidential | © Demandbase 2014 All rights reserved.

Segment by key industries

Source: US Census Bureau

Software & Technology

Business Services

Financial Services

Manufacturing

Telecommunications

1

2

3

4

5

Sales Org Structure

Common Structure to Demandbase sales org,

geographic/revenue bands:

Enterprise

Mid-market

Key Account reps

Vertical reps

Customer Success

Territory and account planning

WHO

MARKETING

SALES

SDR

WHAT

OVERVIEW

BRAINSTORM

ALIGN

The territory planning process

Marketing Planning

Demand Generation

Field Marketing Database

Campaigns

Sales Team Presentations

Review Programs

Brainstorm Additions

Align Account Focus

DB1500+

Final Plan Additional Territory Activities

Monthly Review

Perf Man Analysis

Program Execution

Recommended Edits

-4 weeks

End of 1st

and 2nd

Months

-2 weeks

Quarter

Start

Field event prioritization

How it impacts Sales workflow

DB1500 Integrated Campaign

Ad Example

Bizo Integrated Campaign

Personalize the experience

Confidential | © Demandbase 2014 All rights reserved.

Account Based Marketing Results

Measure by territory

August

July

Programs executing this quarter:

• Advertising campaign

• B2B Retargeting

• Chicago Field Program

• Cleveland Appt Setting Campaign

• Content Marketing World

Performance Assessment:

• Saw 5 more target accounts engaged this

month.

• 6 key accounts engaged in in-person activities.

• General upswing in engagement, but not as

much as planned.

• Q4 programs increased to address this.

$190,350

$375,500

15

27

3

2

1

4

Making marketing data accessible to Sales

Sales Accelerator: Giving Sales the ability to quickly

understand: Are we advertising to my key accounts?

How is website engagement trending?

What content are they most interested in?

Are there any anomalous behavior patterns?

DB 1500 vs Non DB 1500 Accounts

Funnel

Velocity ASP Close Rate

Enterprise 7% +26% +75%

Mid Market 4% +5% +10%

Advertising -16% +72% +21%

The NEW result…

MARKETING SALES

We reached 50% of your

target accounts this

quarter and contributed

$12.6M in pipeline within

those accounts

And we closed

15 marketing

generated opps

Key Takeaways

SALES • Align Marketing and Sales with the same key

KPI’s will build a winning team

• An account-based marketing approach reduces

marketing budget and sales resource waste

• A sales and marketing strategy around ABM is

producing solid business results throughout the

funnel

Gabe Rogol

VP Sales

Demandbase

Twitter: @gaberogol

Email: [email protected]

@Demandbase

#b2bmarketing

Shari Johnston

Sr. Director of Integrated Marketing

Demandbase

Twitter: @shariajohnston

Email: [email protected]

Thank you!

Sales vs. Marketing at

Demandbase How Account-Based Marketing

Brought us Together