In this webinar, Mike Vannoy discusses the six essential components of any BtoB lead generation program, regardless of whether it’s in-house or outsourced.
The discussion covers:
Content Development
Marketing Automation
Audience Development
Integrated Campaigns
Sales Enablement
Analytics
…and more lead generation best practices and resources.
9. Why is the Marketing Automation space talking content?
10. It’s not software, it’s… the content that converts
Marketo’s Videos Eloqua’s Whitepapers Sales Engine’s webinars
11. So why is content ‘development’ such a problem?
3 buying stages
x 3 buying personas
= 9 Pieces of content
12. So why is content ‘development’ such a problem?
3 buying stages
x 3 buying personas
= 9 Pieces of content
x 4 formats/mediums
= 36 Pieces of content
13. So why is content ‘development’ such a problem?
3 buying stages
x 3 buying personas
= 9 Pieces of content
x 4 formats/mediums
= 36 Pieces of content
+ 96 eNews pieces
= 132 pieces of content
14. So why is content ‘development’ such a problem?
3 buying stages
x 3 buying personas
= 9 Pieces of content
x 4 formats/mediums
= 36 Pieces of content
+ 96 eNews pieces
= 132 pieces of content
19. Audience Development
INBOUND LEADS/year
1,784 Unique Visitors/mo*
x 4% conversion rate**
= 71 MQL/mo
x 5.0% MQL>SAL rate
= 43 SAL/year
x 30% SAL>SQL rate
= 13 SQL Opportunities
x 40% win rate
= 5 Wins
OUTBOUND LEADS/campaign
50,000 Records
x 0.5% CTR
= 250 MQL/campaign
x 2.6% MQL>SAL rate
= 60 SAL/campaign
x 30% SAL>SQL rate
= 18 SQL Opportunities
x 40% win rate
= 7 Wins
*Optify 2012 B2B Marketing Benchmark Report
**MarketingExperiments “MarketingResearch: average conversion rates”
20. Audience Development
• ‘Outbound’ (or inbound) is simply a
conversation starter to a two way
digital conversation
• IPP more important than ever when
‘first contact’ is a website instead of a
trained sales rep
• Content must be developed and
delivered to elicit “that’s me”
• Database atrophies at 2% per month
24. Sales Enablement
Sales Executive
• $150,000 TAE
• $1M Quota
• ASP $50,000
• 20 wins needed
• 25% win rate
• Need 80 SQL’s
• MQL’s are not sales-ready…yet!
• Sales reps are trained to find and
qualify ‘sales-ready’ leads
• Out of alignment…
• Early stage buyers get
frustrated with ‘sales’
messaging
• Sales gets frustrated calling
leads who aren’t sales-ready
• You can’t talk to MQL the
same as a sales-ready SQL
Early-stage buyer
• Matches IPP
• Website visit
• White paper
download
• No budget
• No sales
evaluation
25. Sales Enablement
Sales Executive
• $150,000 TAE
• $1M Quota
• ASP $50,000
• 20 wins needed
• 25% win rate
• Need 80 SQL’s
Early-stage buyer
• Matches IPP
• Website visit
• White paper
download
• No budget
• No sales
evaluation
Campaign Sales Playbooks
26. [Webinar] How to Boost Conversions by 878%
Lead Warming Explained
% Leads converted
• Suspects = 0.6%
• MQL 3 = 0.7%
• MQL 2 = 1.9%
• MQL 1 = 5.3%
878%
321%
124%
0%
100%
200%
300%
400%
500%
600%
700%
800%
900%
1000%
MQL 1 MQL 2 MQL 3
% MQL to SAL vs. Suspect to SAL
2.8X
27. Sales Enablement
Sales Executive
• $150,000 TAE
• $1M Quota;
• ASP $50,000;
• 20 Deals to make quota;
• 25% win rate;
• Need 80 SQL’s
The call for BDR’s
80 SQL’s needed
x 50% Marketing sourced
÷ 30% SAL>SQL
= 120 SAL’’s needed
÷ 5.1% MQL>SAL
= 2,353 MQL’s needed
x 5 dials/MQL
= 11,765 Dials
÷ 100 dials/day
= 118 days
29. Analytics
Metric Measure
# = Quantity Explicit number of records in
the funnel stage
% = Quality The percent of records that
convert from one stage to
the next is dependent on…
• Quality of the creative
• Quality of the lead itself
Days = Velocity The speed at which a lead
moves through the process
$ = Value Based on sales, the value of
a record at each stage
30. Analytics
# Records % Conversion
# Days $ Value
Suspect
271,006 2.75%
18 $4.32
MQL
7,448 4.47%
23 $157.26
SAL
333 27.03%
14 $3,517.33
SQL
90 37.78%
7 $13,014.11
Wins
34
$34,449.12
$1,171,270.00