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The Marketing Strategy Example – align qualified leads with sales targets – tends to resonate well with CEOs and CFOs because qualified leads are the fuel that drives revenue.
Within a marketing organization, the demand creation function is responsible for generating marketing qualified leads. These leads are then passed to demand management where they are converted to qualified sales opportunities, and are then handed off to the sales organization for closing.
A Demand Creation Plan requires strategic, proactive and integrated planning to efficiently and effectively align the resources to produce both the desired results and the ROI returns the business demands.
Marketing Goal – Impact Revenue
By definition, Marketing should directly correlate to revenue, as the lead generation function is part of the sales process and should be managed by Marketing. The key is that Marketing and Sales must be integrated and aligned with the same goals using consistent terminology, definitions, processes and systems.
In most cases, Marketing will not own 100% of sales pipeline creation-so the sales team and indirect channels should share ownership. However, Marketing must not be satisfied with just creating a marketing qualified lead — because the mutually shared goal with sales is revenue. As a result, Marketing needs to focus on creating marketing qualified leads with a high propensity to convert to a closed/won deal.
Generating leads and spending money is not the same as aligning marketing qualified leads with sales targets. A focused goal and a well thought out marketing strategy is a best practice for generating marketing qualified leads through a managed, repeatable process that is metric-driven, yields expected results and is cost effective. The downside of not embracing this approach is there is a very good probability that the sales team does not make quota and the financial needs of the business are not met. Leverage this Marketing Strategy Example to align qualified leads with sales targets.
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