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Bridging the Gap Between
Sales & Marketing for
Double-Digit Growth
Rosemarie Monaco
Janet Windeknecht
Nov 9, 2010
Copyright 2010 All rights reserved
2
The Situation
 Over 80% struggle with lack of synergy
between sales and marketing
 Leads to lost revenue opportunities
Aberdeen Group, July 2009 Lead Lifecycle Management: Building a Pipeline that Never Leaks
3
The Situation
 Over 80% struggle with lack of synergy
between sales and marketing
 Leads to lost revenue opportunities
 Leaks in pipeline
 Frustration builds
 Gap widens… and
 Competition gains!
Aberdeen Group, July 2009 Lead Lifecycle Management: Building a Pipeline that Never Leaks
4
Aberdeen Group, January 2010
The 20%: Best in Class
5
The Big Nut to Crack
Companies are investing
in software to help them
increase new customer
acquisition…
6
Sales & Marketing
7
Sales Says
 These leads s**k
 You don’t understand my
customer
 Prices are too high
 You just don’t get it
8
Marketing Says
 You’re just an order taker
 You don’t understand
marketing
 You don’t see the bigger
picture
 You just don’t get it
9
Sales & Marketing…
 Have meetings rather
than meet
10
The Gap
 Marketing requests input
 Sales complains
 Marketing rejects input
 Sales ignores marketing
11
Search for a Solution
 Analyze the Disconnect
12
The Sales Disconnect
 The Objective
 Meet or exceed sales goals
 The Behavior
 Sell to a predisposed audience
 Do whatever it takes
13
The Marketing Disconnect
 The Objective
 Influence buyers
• Branding and Awareness
• Lead generation
 The Behavior
 Be brilliant and creative
14
Sales Responsibility
 Qualify prospects
 Listen to needs
 Develop relationships
 Face resistance
 Provide feedback to marketing
 Create or tap into urgency
 Close the sale
15
Marketing Responsibility
 Bring products or services to market
 Develop a plan
 Develop key messaging
 Communicate messages to the market
• Global
• Targeted
16
What Both Need: Best in Class
 Intelligence
 Material Difference
 Relationships
 Proof or Validity
 Sense of Urgency
 Deliverables
 Increase in sales!
17
Material Difference: Key Qualities
 Resonates: emotional and rational
 Quantifiable: hard hitting
 Save time, money
 Eases pain, solves problems
 Improves the quality of life/work
 Goes beyond competitive advantage
 Causes a change in behavior
18
Examples of Material Difference
 Cell phone vs. land line
 Email vs. postal mail
 I-pod vs. CD’s
19
The Process: Step 1
 Gather Intelligence
 Research
 One-on-one
 Social Media
 Sales & Marketing Meet
 One-on-one
20
One-on-One
 Buyer information
 Competitive information
 Product development
 Trends/Intelligence
21
Develop Questions
 Arm sales force
 Initiates dialogue
 Shows interest
 Develops relationship
22
Asking the Right Questions
 Perception
 Company/offering
 Competition
 Behavior
 Needs
 Current
 Future
 Wants
 Obstacles
 Implications of change
23
Asking the Right Questions
 Perception
 Company/offering
 Competition
 Behavior
 Needs
 Current
 Future
 Wants
 Obstacles
 Implications of change
24
Listen Well
 What piqued interest
 Listen for the pain
 Understand obstacles
 Need is not always
obvious
25
The Process: Step 2
 Analyze data
 Brainstorm
 Involve all stakeholders
 Identify problems
 Areas for improvement
26
Discover the Material
Difference
27
Superior Storage
 Available intelligence
 Security
 Customer Service
 Online inventory
28
Superior Storage
 Costing $2000/mo
 Online inventory
 Accessibility overpowering
29
Superior Storage
 Material difference
 Save $1500/mo
 Have access within one hr
 Urgency
 Losing $1500/mo
30
The Process: Step 3
 Proof and Credibility
 Customer Testimonials
 Case Studies
 Article Reprints
31
The Process: Step 4
 Marketing Deliverables
 Relationship building
• Customers
• Prospects
• Public
32
Marketing Deliverables
 Pave the way
 Make difference obvious
 Advertising, Direct marketing
33
Marketing Deliverables
 Provide credibility
 Public Relations
34
Marketing Deliverables
 Provide credibility
 Public Relations
 Case Studies
 Testimonials
35
Marketing Deliverables
 Prepare sales presentation
 State material difference
 Provide proof—credibility
 Make it flexible, easy to customize
36
Social Media
 A versatile real-time communication
tool to:
 Listen, engage, comment
 Poll, announcement, news
 Validate concepts, feedback
 Tools: TweetDeck, Hootsuite
3737
3838
39
Marketing Deliverables
 Internal communications
 Everyone on the same page
 Keep sales force informed
 Motivate sales force
 Solicit feedback
40
The Process: Step 5
 Sales Implementation
 Test & Refine
41
Pulling It All Together
Goals Issues Path to
Goals
Material
Difference
Tools
Optimize space
Save money
Convenience
Lacks organization
No time
Needs access
Online
Inventory
Pickup/
delivery
Save $1500/mo
One-hour access
Free to
concentrate on
presentation
Presentation
Case Study
42
Benefits for Sales
 Effective sales tools
 Focus on primary objective
 Results - Closing
 Focus on taking responsibility
 Trust Marketing
43
Benefits for Marketing
 Get the right information
 Focus on primary objectives
 Influence buyers: brand, leads
 Trust Sales
44
5 Steps for Closing the Gap
 1. Gather Intelligence
 2. Analyze & Brainstorm
 3. Proof & Credibility
 4. Marketing Deliverables
 5. Sales Implementation
 Test & Refine
45
Closing the Gap Workshop
Rosemarie Monaco
Janet Windeknecht
inquiries@groupm.org
201.227.0747 x 207
www.groupm.org
http://twitter.com/jwindeknecht
www.linkedin.com/in/janetwindeknecht
www.linkedin.com/in/rosemariemonaco

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Bridge the Sales Marketing Gap Webinar

  • 1. Bridging the Gap Between Sales & Marketing for Double-Digit Growth Rosemarie Monaco Janet Windeknecht Nov 9, 2010 Copyright 2010 All rights reserved
  • 2. 2 The Situation  Over 80% struggle with lack of synergy between sales and marketing  Leads to lost revenue opportunities Aberdeen Group, July 2009 Lead Lifecycle Management: Building a Pipeline that Never Leaks
  • 3. 3 The Situation  Over 80% struggle with lack of synergy between sales and marketing  Leads to lost revenue opportunities  Leaks in pipeline  Frustration builds  Gap widens… and  Competition gains! Aberdeen Group, July 2009 Lead Lifecycle Management: Building a Pipeline that Never Leaks
  • 4. 4 Aberdeen Group, January 2010 The 20%: Best in Class
  • 5. 5 The Big Nut to Crack Companies are investing in software to help them increase new customer acquisition…
  • 7. 7 Sales Says  These leads s**k  You don’t understand my customer  Prices are too high  You just don’t get it
  • 8. 8 Marketing Says  You’re just an order taker  You don’t understand marketing  You don’t see the bigger picture  You just don’t get it
  • 9. 9 Sales & Marketing…  Have meetings rather than meet
  • 10. 10 The Gap  Marketing requests input  Sales complains  Marketing rejects input  Sales ignores marketing
  • 11. 11 Search for a Solution  Analyze the Disconnect
  • 12. 12 The Sales Disconnect  The Objective  Meet or exceed sales goals  The Behavior  Sell to a predisposed audience  Do whatever it takes
  • 13. 13 The Marketing Disconnect  The Objective  Influence buyers • Branding and Awareness • Lead generation  The Behavior  Be brilliant and creative
  • 14. 14 Sales Responsibility  Qualify prospects  Listen to needs  Develop relationships  Face resistance  Provide feedback to marketing  Create or tap into urgency  Close the sale
  • 15. 15 Marketing Responsibility  Bring products or services to market  Develop a plan  Develop key messaging  Communicate messages to the market • Global • Targeted
  • 16. 16 What Both Need: Best in Class  Intelligence  Material Difference  Relationships  Proof or Validity  Sense of Urgency  Deliverables  Increase in sales!
  • 17. 17 Material Difference: Key Qualities  Resonates: emotional and rational  Quantifiable: hard hitting  Save time, money  Eases pain, solves problems  Improves the quality of life/work  Goes beyond competitive advantage  Causes a change in behavior
  • 18. 18 Examples of Material Difference  Cell phone vs. land line  Email vs. postal mail  I-pod vs. CD’s
  • 19. 19 The Process: Step 1  Gather Intelligence  Research  One-on-one  Social Media  Sales & Marketing Meet  One-on-one
  • 20. 20 One-on-One  Buyer information  Competitive information  Product development  Trends/Intelligence
  • 21. 21 Develop Questions  Arm sales force  Initiates dialogue  Shows interest  Develops relationship
  • 22. 22 Asking the Right Questions  Perception  Company/offering  Competition  Behavior  Needs  Current  Future  Wants  Obstacles  Implications of change
  • 23. 23 Asking the Right Questions  Perception  Company/offering  Competition  Behavior  Needs  Current  Future  Wants  Obstacles  Implications of change
  • 24. 24 Listen Well  What piqued interest  Listen for the pain  Understand obstacles  Need is not always obvious
  • 25. 25 The Process: Step 2  Analyze data  Brainstorm  Involve all stakeholders  Identify problems  Areas for improvement
  • 27. 27 Superior Storage  Available intelligence  Security  Customer Service  Online inventory
  • 28. 28 Superior Storage  Costing $2000/mo  Online inventory  Accessibility overpowering
  • 29. 29 Superior Storage  Material difference  Save $1500/mo  Have access within one hr  Urgency  Losing $1500/mo
  • 30. 30 The Process: Step 3  Proof and Credibility  Customer Testimonials  Case Studies  Article Reprints
  • 31. 31 The Process: Step 4  Marketing Deliverables  Relationship building • Customers • Prospects • Public
  • 32. 32 Marketing Deliverables  Pave the way  Make difference obvious  Advertising, Direct marketing
  • 33. 33 Marketing Deliverables  Provide credibility  Public Relations
  • 34. 34 Marketing Deliverables  Provide credibility  Public Relations  Case Studies  Testimonials
  • 35. 35 Marketing Deliverables  Prepare sales presentation  State material difference  Provide proof—credibility  Make it flexible, easy to customize
  • 36. 36 Social Media  A versatile real-time communication tool to:  Listen, engage, comment  Poll, announcement, news  Validate concepts, feedback  Tools: TweetDeck, Hootsuite
  • 37. 3737
  • 38. 3838
  • 39. 39 Marketing Deliverables  Internal communications  Everyone on the same page  Keep sales force informed  Motivate sales force  Solicit feedback
  • 40. 40 The Process: Step 5  Sales Implementation  Test & Refine
  • 41. 41 Pulling It All Together Goals Issues Path to Goals Material Difference Tools Optimize space Save money Convenience Lacks organization No time Needs access Online Inventory Pickup/ delivery Save $1500/mo One-hour access Free to concentrate on presentation Presentation Case Study
  • 42. 42 Benefits for Sales  Effective sales tools  Focus on primary objective  Results - Closing  Focus on taking responsibility  Trust Marketing
  • 43. 43 Benefits for Marketing  Get the right information  Focus on primary objectives  Influence buyers: brand, leads  Trust Sales
  • 44. 44 5 Steps for Closing the Gap  1. Gather Intelligence  2. Analyze & Brainstorm  3. Proof & Credibility  4. Marketing Deliverables  5. Sales Implementation  Test & Refine
  • 45. 45
  • 46. Closing the Gap Workshop Rosemarie Monaco Janet Windeknecht inquiries@groupm.org 201.227.0747 x 207 www.groupm.org http://twitter.com/jwindeknecht www.linkedin.com/in/janetwindeknecht www.linkedin.com/in/rosemariemonaco