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M O D E R N W O R K P L A C E
HOW TO REDUCE
YOUR COST OF
SALES
Koen De Witte
LeadFabric
2MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
3MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
4
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
5
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
6MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
DIGITAL NONSENSE
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
DIGITAL REALITY
8MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
9MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
10MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
11
TIMING IS EVERYTHING
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director 12
20%
Followed up
30%
Qualified
20%
Don’t buy
80% Not
Followed up
70%
Disqualified
80%
Do buy
THE COST OF SALES
 Engagement Entry point: Engaging too early versus too late
 Market Type and Digital Readiness
 Insufficient demand marketing support
- Technology
- Process
 Intra Engagement: Interactions Mismatch
 Sales and Digital Body Language
 Sales Enablement by Marketing
 Content mismatch
13
AcquisitionConversion
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
14
1.A ENGAGEMENT ENTRY POINT:
DIGITAL SUPPORT
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
MARKET TYPE AND DIGITAL READINESS
15
Complex
Commoditized
High Priced
Low Priced
Sales
Service
Product
Purchase
Complexity
GoToMarket
Complex and Custom
Commoditized
High Priced
Low Priced
Sales
Self
Service
Product
Purchase
Complexity
GoToMarket
Established Market New Market
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
MARKET TYPE AND DIGITAL READINESS
16
Complex
Commoditized
High Priced
Low Priced
Sales
Service
Product
Purchase
Complexity
GoToMarket
Complex
Commoditized
High Priced
Low Priced
Sales
Service
Product
Purchase
Complexity
GoToMarket
Design Market Custom Market
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
MARKET TYPE UNDER PRESSURE
17
Complex
Commoditized
High Priced
Low Priced
Sales
Service
Product
Purchase
Complexity
GoToMarket
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
18
1.B ENGAGEMENT ENTRY POINT:
MARKETING SUPPORT
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
INSUFFICIENT SUPPORT FROM MARKETING
19
 Marketing Pipeline Contribution
 Marketing Accountability
 Tale of the performing tactic
 Owned, Earned, Paid Media Convergence
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
SALES PIPELINE
30% + Sourced*
70% + Influenced*
Not a Leads Only Focus
4 FOCUS AREAS
20
* Varies by organizational size and target markets
PROGRAM MIX
Multi-Channel
Web Centric
Nurturing Model
Best Practice Syndication
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
SALES ALIGNMENT
Flexible programs
Strong SLA’s
Targeted Sales stage
based
INTEGRATED PGM
Buyers Journey Based
Multi touch Programs
Data Driven
Web Driven
MARKETING
AUTOMATION
21MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
Implicit & Explicit DB
•Capture and easily access DBL
Inbound Marketing
•Ensure potential customer
can find you
Outbound &
Engagement
•Nurture life cycle
Revenue
Effectiveness
• Drive effective
conversion from
prospect to sale
Analytics &
Measurement
•Understand Impact and drive
process improvement and ROI
TECHNOLOGY WITHOUT PROCESS: SUBOPTIMAL
22MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
75 % 3.9 %
5 %
11 %
20 %
58 %
49 %
23 %
THE WATERFALL
 Shared View
 Common Language
 Agreed Upon Definitions
 Enables Consistency
 Benchmarked
23MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
STAGES
Each stages comes with
qualification process to
identify leads that need to
meet AGREED UPON
CRITERIA to the next stage
24MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
TO ACCEPT OR REJECT?
Acceptance is not the same as Qualification!
 Marketing deems ready for hand off based on agreed upon fit
 Procedural (disposition issues)
 Clerical (missing data)
 Definitional (does not meet target)
 Rejection or Acceptance
25MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
MARKETING QUALIFIED LEADS
26MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
Using tele marketing for high
level qualification especially in
non commoditized markets
MARKETING QUALIFIED LEADS
27MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
Lead Scoring via
Marketing Automation
THE TELE FUNCTION
28MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
Often demand is not
only created by the
marketing activity and
can be generated by
TM and TS functions
through focused
(small net fishing)
activity
SALES
29MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
Where sales may be
selling into and
expanding presence
in a select set of
target accounts, sales
is often originating its
own demand
WEAVING THE FABRIC
30MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
The Fabric
COMPLETE PICTURE
31MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
SEED
Owned Paid Earned
CREATE
Focus on Quality
ACCELERATE
Enable speed
NURTURE
Work not ready lead
MATURITY
Random Acts
Brand
Leads
Demand
Alignment
Revenue
TECHNOLOGY WITHOUT PROCESS: SUBOPTIMAL
32MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
75 % 3.9 %
5 %
11 %
20 %
58 %
49 %
23 %
33
INTRA ENGAGEMENT
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
DIGITAL BODY LANGUAGE
34MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
DIGITAL BODY LANGUAGE
35MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
DIGITAL BODY LANGUAGE
36MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
TITLE PRESENTATION - First name Last name - Position within Lead
Fabric
37
DIGITAL BODY LANGUAGE
38MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
SALES ACCELERATION PROGRAM EXAMPLES
 Recycled leads
 Reconstituted leads
 Closed Lost
 Cross and Upsell
39MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
40
DEMAND.MORE@LEADFABRIC.COM
MASTERCLASS MICROSOFT- Koen De Witte - Managing Director

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How to reduce your Cost of Sales - Koen De Witte

  • 1. M O D E R N W O R K P L A C E HOW TO REDUCE YOUR COST OF SALES Koen De Witte LeadFabric
  • 2. 2MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 3. 3MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 4. 4 MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 5. 5 MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 6. 6MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 7. DIGITAL NONSENSE MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 8. DIGITAL REALITY 8MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 9. 9MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 10. 10MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 11. MASTERCLASS MICROSOFT- Koen De Witte - Managing Director 11
  • 12. TIMING IS EVERYTHING MASTERCLASS MICROSOFT- Koen De Witte - Managing Director 12 20% Followed up 30% Qualified 20% Don’t buy 80% Not Followed up 70% Disqualified 80% Do buy
  • 13. THE COST OF SALES  Engagement Entry point: Engaging too early versus too late  Market Type and Digital Readiness  Insufficient demand marketing support - Technology - Process  Intra Engagement: Interactions Mismatch  Sales and Digital Body Language  Sales Enablement by Marketing  Content mismatch 13 AcquisitionConversion MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 14. 14 1.A ENGAGEMENT ENTRY POINT: DIGITAL SUPPORT MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 15. MARKET TYPE AND DIGITAL READINESS 15 Complex Commoditized High Priced Low Priced Sales Service Product Purchase Complexity GoToMarket Complex and Custom Commoditized High Priced Low Priced Sales Self Service Product Purchase Complexity GoToMarket Established Market New Market MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 16. MARKET TYPE AND DIGITAL READINESS 16 Complex Commoditized High Priced Low Priced Sales Service Product Purchase Complexity GoToMarket Complex Commoditized High Priced Low Priced Sales Service Product Purchase Complexity GoToMarket Design Market Custom Market MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 17. MARKET TYPE UNDER PRESSURE 17 Complex Commoditized High Priced Low Priced Sales Service Product Purchase Complexity GoToMarket MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 18. 18 1.B ENGAGEMENT ENTRY POINT: MARKETING SUPPORT MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 19. INSUFFICIENT SUPPORT FROM MARKETING 19  Marketing Pipeline Contribution  Marketing Accountability  Tale of the performing tactic  Owned, Earned, Paid Media Convergence MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 20. SALES PIPELINE 30% + Sourced* 70% + Influenced* Not a Leads Only Focus 4 FOCUS AREAS 20 * Varies by organizational size and target markets PROGRAM MIX Multi-Channel Web Centric Nurturing Model Best Practice Syndication MASTERCLASS MICROSOFT- Koen De Witte - Managing Director SALES ALIGNMENT Flexible programs Strong SLA’s Targeted Sales stage based INTEGRATED PGM Buyers Journey Based Multi touch Programs Data Driven Web Driven
  • 21. MARKETING AUTOMATION 21MASTERCLASS MICROSOFT- Koen De Witte - Managing Director Implicit & Explicit DB •Capture and easily access DBL Inbound Marketing •Ensure potential customer can find you Outbound & Engagement •Nurture life cycle Revenue Effectiveness • Drive effective conversion from prospect to sale Analytics & Measurement •Understand Impact and drive process improvement and ROI
  • 22. TECHNOLOGY WITHOUT PROCESS: SUBOPTIMAL 22MASTERCLASS MICROSOFT- Koen De Witte - Managing Director 75 % 3.9 % 5 % 11 % 20 % 58 % 49 % 23 %
  • 23. THE WATERFALL  Shared View  Common Language  Agreed Upon Definitions  Enables Consistency  Benchmarked 23MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 24. STAGES Each stages comes with qualification process to identify leads that need to meet AGREED UPON CRITERIA to the next stage 24MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 25. TO ACCEPT OR REJECT? Acceptance is not the same as Qualification!  Marketing deems ready for hand off based on agreed upon fit  Procedural (disposition issues)  Clerical (missing data)  Definitional (does not meet target)  Rejection or Acceptance 25MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 26. MARKETING QUALIFIED LEADS 26MASTERCLASS MICROSOFT- Koen De Witte - Managing Director Using tele marketing for high level qualification especially in non commoditized markets
  • 27. MARKETING QUALIFIED LEADS 27MASTERCLASS MICROSOFT- Koen De Witte - Managing Director Lead Scoring via Marketing Automation
  • 28. THE TELE FUNCTION 28MASTERCLASS MICROSOFT- Koen De Witte - Managing Director Often demand is not only created by the marketing activity and can be generated by TM and TS functions through focused (small net fishing) activity
  • 29. SALES 29MASTERCLASS MICROSOFT- Koen De Witte - Managing Director Where sales may be selling into and expanding presence in a select set of target accounts, sales is often originating its own demand
  • 30. WEAVING THE FABRIC 30MASTERCLASS MICROSOFT- Koen De Witte - Managing Director The Fabric
  • 31. COMPLETE PICTURE 31MASTERCLASS MICROSOFT- Koen De Witte - Managing Director SEED Owned Paid Earned CREATE Focus on Quality ACCELERATE Enable speed NURTURE Work not ready lead MATURITY Random Acts Brand Leads Demand Alignment Revenue
  • 32. TECHNOLOGY WITHOUT PROCESS: SUBOPTIMAL 32MASTERCLASS MICROSOFT- Koen De Witte - Managing Director 75 % 3.9 % 5 % 11 % 20 % 58 % 49 % 23 %
  • 33. 33 INTRA ENGAGEMENT MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 34. DIGITAL BODY LANGUAGE 34MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 35. DIGITAL BODY LANGUAGE 35MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 36. DIGITAL BODY LANGUAGE 36MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 37. TITLE PRESENTATION - First name Last name - Position within Lead Fabric 37
  • 38. DIGITAL BODY LANGUAGE 38MASTERCLASS MICROSOFT- Koen De Witte - Managing Director
  • 39. SALES ACCELERATION PROGRAM EXAMPLES  Recycled leads  Reconstituted leads  Closed Lost  Cross and Upsell 39MASTERCLASS MICROSOFT- Koen De Witte - Managing Director