This presentation was delivered at the AAISP 2012 Leadership Summit by Donna Kent, Televerde’s SVP of Global Sales, Marketing & Services. It features common causes of “PD”, their impact on sales pipelines, and how to leverage inside sales to resolve them.
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
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