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Tapping Inside Sales to
Address Pipeline Dysfunction

Presenter:
Donna J. Kent
Senior VP of Global Sales,
Marketing & Services


AAISP Leadership Summit Presentation: April 17, 2012
What Is Pipeline Dysfunction?



Meet Brian: Sufferer of PD
  BEFORE & AFTER…
What Is Pipeline Dysfunction?

“PD”: A symptomatic set of issues that
negatively impacts sales pipeline health.

The Bad News:
We all have sales pipelines and they’re
not in perfect working condition.
The Good News:
The symptoms are all treatable by tapping
into the strength of the inside sales immune
system.
Breaking Down PD

Common Symptoms…
   Lead leakage or lead waste
   Stalled leads
   Poor lead quality (so low volume of SAL’s)
   Inaccurate targeting (top of the funnel weakness)
   Incomplete and inaccurate contact data
   Un-nurtured sales leads
   Poor visibility into sales opportunities
   Insufficient lead intelligence and insight
Possible Causes
  Sales Based on 179 Respondents
        process complexity
Multi-stage                                 Average sales cycle length between
     &
somewhat        Multi-stage
                  & very
                                            initial contact-closed sale
 complex
                 complex
   19%
                   41%

                               Custom
                              multi-stage
                                selling
      Fairly                   model &
    simple &                  extremely
      basic                    complex
      20%                        20%




                                             Discrete steps in sales process
Possible Causes
Distinguish between Marketing Qualified     Single or multiple
Lead and Sales Qualified Lead               stakeholder sales
                                            engagement




  Process to obtain useful feedback from
  sales team on lead quality and quantity
Possible Causes
Account-Based Marketing programs
for targeted strategic accounts
                                         Do you segment data for
                                         various marketing objectives




                               Contact data challenges
Possible Causes

      Most significant contact data challenges
Possible Causes

Distinction between how leads are
nurtured based on buying cycle stage



                                       Ability and skill sets within your
                                       organization to properly analyze the
                                       relevance and effectiveness of your
                                       lead nurturing process
Symptom: Lead Leakage
Leads and opportunities that fall through the cracks
due to poor follow-up, irrelevant messaging, lack of
ongoing contact, insufficient quality and quantity
of contacts.

Impact:
 Lost revenue and market share
 Impact on brand image
Inside Sales Treatment:
 Training on message alignment
 Alignment with field sales
 Disciplined, integrated workflow (digital and dialogue)
 Strategic roadmap and multiple entry points
Symptom: Stalled Leads
Dormant leads/opportunities that lose momentum
due to lack of solution alignment, lack of sales
visibility, decision postponement, wrong contacts,
budget loss, competitor positioning.

Impact:
 Competitive displacement
 Loss of future revenue opportunity
Inside Sales Treatment:
 Ongoing opportunity analysis
 More contacts – go deeper and wider
 Discover solution alignment in other places
 Long-term nurture – keep it alive!
Symptom: Poor Lead Quality
Unqualified leads delivered without sufficient
insight, outside lead definition scope, incorrect
contact, no solution match.

Impact:
 Wasted sales time
 Distracted focus from better leads

Inside Sales Treatment:
 Collaborative lead definition
 Acquire the RPC (right-party contact)
 Know the solutions and find alignment
Symptom: Inaccurate Targeting
Insufficient quantity and low-quality leads at the top
of the funnel due to poorly targeted lead gen efforts,
solution misalignment, incorrect personas, strong
competitive position, unknown insight.

Impact:
 More wasted sales time
 Inefficient use of marketing budget
 Time not spent on real opportunities

Inside Sales Treatment:
 Leverage skills to beta test markets, accounts, personas
 Use dialogue skills to discover insight and filter in/out
 “Knit one pearl two”
Symptom: Bad Contact Data
No purchasing committee contacts, inaccurate
contact information, no role-based intelligence,
insufficient account insight, no relationship-mapping.   All other sales lead
                                                         conversion practices
                                                         being equal, 90%
Impact:                                                  contact record usability
 Sub-optimized lead conversions                         rate vs. 75% contact
                                                         record usability rate
 Closed-won revenue deficiency                          yields a closed-won
                                                         delta of approximately
 Unnecessarily lost opportunities                       30%.
 Decreased program ROI                                  (Within our client base we
                                                         observe usability rates
                                                         below 75%.)
Inside Sales Treatment:
 Acquire the right contacts
 Map relationships and buying committee positions
 Identify personas/roles and value prop alignment
Symptom: Poor Visibility
No insight into the status of the open opportunity, its
momentum, its probability, competitive positioning, its
alignment with your value propositions.


Impact:
 Inaccurate forecasting
 Unresolved issues (sales rep, pricing, etc.)
 No prescribed next steps

Inside Sales Treatment:
 Get inside and stay inside
 Identify, communicate, analyze and resolve issues
 Use dialogue to eliminate blind spots
Symptom: Un-Nurtured Leads
Insufficiently touched relationships due to lack of
contact discipline or irrelevant messaging.


Impact:
 Deals go dormant or to competitors
 Loss of sales rep and brand integrity
 Decelerated revenue and pipeline momentum

Inside Sales Treatment:
 Design and execute an integrated touch workflow
 Sustain communication with multiple contacts
 Align the messaging to distinct personas
Symptom: Insufficient Insight
Lack of understanding about a prospect’s behaviors
and interests – individually and holistically across the
entire account.


Impact:
 Missed opportunity for full deal value
 Unknown contacts – deficient mapping
 Misalignment of messaging and solutions

Inside Sales Treatment:
 Look for cues via website behavior tracking (MAT)
 Get access to same BI given to sales rep and marketing
 Use the BI to inform your dialogue
Key Take-Aways…
 Pipeline perfection isn’t the goal, but the
  conditions can be significantly improved
 Inside Sales has unique talents and capabilities
  that Sales and Marketing can leverage to
  improve the pipeline
 It’s not just about the immediate lead; it’s about
  insight, nurturing, and focus on long-term
  opportunities
 Contact data challenges are at the source of
  many symptoms – Inside Sales can help resolve
Discussion & Questions…

 Do you have Pipeline Dysfunction?
 Which of the symptoms cause you the most pain?
 Can your inside sales team help resolve the symptoms?




For More Information…
Donna Kent
Senior VP of Global Sales, Marketing & Services
+1 888-787-2829
Donna.kent@televerde.com
www.televerde.com

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Tapping inside sales to address pipeline dysfunction televerde

  • 1. Tapping Inside Sales to Address Pipeline Dysfunction Presenter: Donna J. Kent Senior VP of Global Sales, Marketing & Services AAISP Leadership Summit Presentation: April 17, 2012
  • 2. What Is Pipeline Dysfunction? Meet Brian: Sufferer of PD BEFORE & AFTER…
  • 3. What Is Pipeline Dysfunction? “PD”: A symptomatic set of issues that negatively impacts sales pipeline health. The Bad News: We all have sales pipelines and they’re not in perfect working condition. The Good News: The symptoms are all treatable by tapping into the strength of the inside sales immune system.
  • 4. Breaking Down PD Common Symptoms…  Lead leakage or lead waste  Stalled leads  Poor lead quality (so low volume of SAL’s)  Inaccurate targeting (top of the funnel weakness)  Incomplete and inaccurate contact data  Un-nurtured sales leads  Poor visibility into sales opportunities  Insufficient lead intelligence and insight
  • 5. Possible Causes Sales Based on 179 Respondents process complexity Multi-stage Average sales cycle length between & somewhat Multi-stage & very initial contact-closed sale complex complex 19% 41% Custom multi-stage selling Fairly model & simple & extremely basic complex 20% 20% Discrete steps in sales process
  • 6. Possible Causes Distinguish between Marketing Qualified Single or multiple Lead and Sales Qualified Lead stakeholder sales engagement Process to obtain useful feedback from sales team on lead quality and quantity
  • 7. Possible Causes Account-Based Marketing programs for targeted strategic accounts Do you segment data for various marketing objectives Contact data challenges
  • 8. Possible Causes Most significant contact data challenges
  • 9. Possible Causes Distinction between how leads are nurtured based on buying cycle stage Ability and skill sets within your organization to properly analyze the relevance and effectiveness of your lead nurturing process
  • 10. Symptom: Lead Leakage Leads and opportunities that fall through the cracks due to poor follow-up, irrelevant messaging, lack of ongoing contact, insufficient quality and quantity of contacts. Impact:  Lost revenue and market share  Impact on brand image Inside Sales Treatment:  Training on message alignment  Alignment with field sales  Disciplined, integrated workflow (digital and dialogue)  Strategic roadmap and multiple entry points
  • 11. Symptom: Stalled Leads Dormant leads/opportunities that lose momentum due to lack of solution alignment, lack of sales visibility, decision postponement, wrong contacts, budget loss, competitor positioning. Impact:  Competitive displacement  Loss of future revenue opportunity Inside Sales Treatment:  Ongoing opportunity analysis  More contacts – go deeper and wider  Discover solution alignment in other places  Long-term nurture – keep it alive!
  • 12. Symptom: Poor Lead Quality Unqualified leads delivered without sufficient insight, outside lead definition scope, incorrect contact, no solution match. Impact:  Wasted sales time  Distracted focus from better leads Inside Sales Treatment:  Collaborative lead definition  Acquire the RPC (right-party contact)  Know the solutions and find alignment
  • 13. Symptom: Inaccurate Targeting Insufficient quantity and low-quality leads at the top of the funnel due to poorly targeted lead gen efforts, solution misalignment, incorrect personas, strong competitive position, unknown insight. Impact:  More wasted sales time  Inefficient use of marketing budget  Time not spent on real opportunities Inside Sales Treatment:  Leverage skills to beta test markets, accounts, personas  Use dialogue skills to discover insight and filter in/out  “Knit one pearl two”
  • 14. Symptom: Bad Contact Data No purchasing committee contacts, inaccurate contact information, no role-based intelligence, insufficient account insight, no relationship-mapping. All other sales lead conversion practices being equal, 90% Impact: contact record usability  Sub-optimized lead conversions rate vs. 75% contact record usability rate  Closed-won revenue deficiency yields a closed-won delta of approximately  Unnecessarily lost opportunities 30%.  Decreased program ROI (Within our client base we observe usability rates below 75%.) Inside Sales Treatment:  Acquire the right contacts  Map relationships and buying committee positions  Identify personas/roles and value prop alignment
  • 15. Symptom: Poor Visibility No insight into the status of the open opportunity, its momentum, its probability, competitive positioning, its alignment with your value propositions. Impact:  Inaccurate forecasting  Unresolved issues (sales rep, pricing, etc.)  No prescribed next steps Inside Sales Treatment:  Get inside and stay inside  Identify, communicate, analyze and resolve issues  Use dialogue to eliminate blind spots
  • 16. Symptom: Un-Nurtured Leads Insufficiently touched relationships due to lack of contact discipline or irrelevant messaging. Impact:  Deals go dormant or to competitors  Loss of sales rep and brand integrity  Decelerated revenue and pipeline momentum Inside Sales Treatment:  Design and execute an integrated touch workflow  Sustain communication with multiple contacts  Align the messaging to distinct personas
  • 17. Symptom: Insufficient Insight Lack of understanding about a prospect’s behaviors and interests – individually and holistically across the entire account. Impact:  Missed opportunity for full deal value  Unknown contacts – deficient mapping  Misalignment of messaging and solutions Inside Sales Treatment:  Look for cues via website behavior tracking (MAT)  Get access to same BI given to sales rep and marketing  Use the BI to inform your dialogue
  • 18. Key Take-Aways…  Pipeline perfection isn’t the goal, but the conditions can be significantly improved  Inside Sales has unique talents and capabilities that Sales and Marketing can leverage to improve the pipeline  It’s not just about the immediate lead; it’s about insight, nurturing, and focus on long-term opportunities  Contact data challenges are at the source of many symptoms – Inside Sales can help resolve
  • 19. Discussion & Questions… Do you have Pipeline Dysfunction? Which of the symptoms cause you the most pain? Can your inside sales team help resolve the symptoms? For More Information… Donna Kent Senior VP of Global Sales, Marketing & Services +1 888-787-2829 Donna.kent@televerde.com www.televerde.com

Editor's Notes

  1. (know the “buying center”)(solution alignment)
  2. (know the “buying center”)(solution alignment)
  3. (know the “buying center”)(solution alignment)
  4. (know the “buying center”)(solution alignment)
  5. (know the “buying center”)(solution alignment)
  6. (know the “buying center”)(solution alignment)
  7. (know the “buying center”)(solution alignment)
  8. (know the “buying center”)(solution alignment)
  9. (know the “buying center”)(solution alignment)
  10. (know the “buying center”)(solution alignment)
  11. (know the “buying center”)(solution alignment)
  12. (know the “buying center”)(solution alignment)
  13. (know the “buying center”)(solution alignment)
  14. (know the “buying center”)(solution alignment)
  15. (know the “buying center”)(solution alignment)
  16. (know the “buying center”)(solution alignment)