Do You Speak Marketing or Sales?
Here is an interesting exercise.?When you develop your next demand gen campaign
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You have agreed to deliver a campaign that guarantees sales ready leads.?These leads are far more qualified than one touch syndication leads.?These prospects have had multiple engagements with your content, answered specific questions, have a project in play and said yes to receive a call from sales.?Marketing expects that these prospects are actively participating in the buyers journey or in already in buy mode building a shortlist.
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Sales expects that this is someone that will be ready to buy…from them (if they were, that’s maybe an appointment setting program lead, but I digress).?The expectation is clearly different but not communicated well.?This situation actually came up recently. In this specific program 18 out of 200 leads turned into pipeline.?A 600% return on investment.?Staggering success.?Yet at first, sales leadership was disappointed.?They expected 90% of these leads to turn into sales.?This figure was based on nothing, no research, no history, no marketing metrics at all, just a belief that sales leadership just came up with.?What was interesting was when I asked the sales leader if 90% of his team’s calls amounted to deals, he easily backtracked.?Always be sure to communicate clear expectations before the program
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2. Sales Will Follow-Up on the Leads.?What Does Following Up on a Lead Really Mean??
Marketing usually nurtures top of funnel leads.?A qualified lead, a prospect who has had multiple engagements with the vendor and shown need, will usually be followed up directly, and hopefully immediately, by sales.?Marketing expects sales to follow an aggressive cadence
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So yes, lead follow up is being done but clearly the expectation for how these leads are followed up is different.?Communicating the expectations of how treating leads specific to where they are in the buying process is critical.
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3. Success is Measured in Pipeline, No Wait, Revenue, No Wait, It’s Meetings…
It is essential to understand when planning a demand gen campaign how success is going to be measured with the stakeholders.?The answers to this vary by company, department, personnel and even timing.?An interesting thing we are seeing is a change in measurement.?Because the sales cycle, especially for large enterprise deals can take up to 12 months or more, the measurement of success
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As we have continued to see this “language divide”, we have worked hard to align expertise from our own team
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I hope this was a helpful piece and reminder of how, even internally, expectations even amongst teams can be very different.?Acknowledgement and awareness of this ahead of campaigns can make a big difference. Are you encountering similar situations??Have you experienced radically different expectations between sales and marketing? Feel free to DM me and let us help bridge the communication divide and help you craft demand gen programs that satisfy both sales and marketing expectations.?Thanks! John
Great advice "Getting on the same page in terms of campaign expectations is critical when defining success." there are no silver bullets, leads are a starting point - and layering in scoring and predictive AI helps you hone and prioritize who to call, who to nurture, etc.
B2B Marketing Advisor, Vice President, Convo w/Taranto Podcast
1 年Hahahaha! Yes you do Christina, and you're great at it:)
Marketing Researcher | Presentation Designer | Speaker
1 年I speak both because I'm often translating ??