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Welcome to The
Truth about Your
Lead Generation
  Rod Sloane
   O2 TCR
   #TTAYLG

 June 19th 2012
About Rod
• Worked for IBM, CA, BAT, BT & BCPD

• Roles Sales, Marketing, Business Development

• Author 2 books, Sales and Marketing Alignment
  Podcast

• Married, live in Ealing, play tennis and support
  Blackpool FC

• Core Process "Showing Up"
Your Turn
• Name

• Job Title

• Company

• Responsibilities
What is Lead Generation?
"Lead generation is a marketing term used  to
describe the generation of consumer interest or
inquiry into products or services of a business.

 Businesses strive to generate 'quality' leads.

Quality is usually determined by the propensity
of the inquirer to take the next action towards a
purchase."
The   Quiz!!The
           Quiz!!
How do Sales People define a Qualified
               Lead?
1. Buyer in target market willing to meet
                                           53
2. Budget, Authority, Need & Timeframe
                                           %
3. Authority, Need backed by trigger event   6
                                            %
4. Contract and pen in hand, press hard
                                                  ha ses
                                          r P urc
                                      ajo
                                 of M OT            f y ear
                            7 3%       N        rt o rt
                                            sta
                                        at
                                   ted Gen R       epo
                            bu dge nd
                                De ma
Your new responsibility,
should you choose to
accept it is...

          "To meet the short and
            long term revenue
         targets of your company
         within the context of the
           corporate strategy.”
About today
• Not tactical i.e. NOT 121 Lead Generation
  Ideas

• Strategic

• What is your current Lead Gen doing for you?

• What's it costing you?

• How you can fix it.
Why spend time
talking about Lead
    Generation?
CEO Speak on Lead Generation
 "We need more better clients!"

 "We need to lear n to ear n new
 business better      than we do today!"

 What would your CEO say?

 "We need to...."
According to the SLMA....
In the average company,  what
percentage of marketing generated
raw leads ever make it to a closed
won deal?                       f
                          es t o
                       in b
    3%             1 5% lass
                       c
Statistics for Qualified
          Leads
10% will close within first three months

Another 16% will close within six months

Another 19% will close within one year

45% of all Qualified Leads buy within a year

How ef fective is your company at staying on
top of qualified leads?
The big question for
  Marketing is....
What's the one thing
that Marketing can do
  better than Sales?
Marketing

        Sales
Sales
Marketing
            Ignore
 Sucks
            Leads
Whatever you do don't
   give unfiltered,
unqualified raw leads
  to your Sales Team
Please discuss in pairs, at
       a strategic level
• What Sales wants from Marketing

• What Marketing wants from Sales

• What the business wants from both of them
What Percentage of your
Closed Deals Star ted off
     in Marketing?
What is the top challenge facing
   your marketing strategy?
Your Sales Cycle
• Do you understand it?

• Can you explain it?

• Is it still relevant?

• Does it matter?
Your Client's Buying Cycle
 • Do you understand it?

 • Can you explain it?

 • What % of your competition can?

 • Is it documented? Is it unique?
You need to become a
student then an expert
about your clients and
   their challenges.
Buying is changing,
 as a result so are
  Marketing and
       Sales.
"It's not about blame, we
  are all Accountable!"
"Be an intelligent team,
learn when to do take the
appropriate action at the
   appropriate time."
Average growth in Annual Company
            Revenue

Top 20% had 31.6% average growth

Middle 50% had an 18.2% average growth

Bottom 30% a 6.7% average decrease
What do the top 20% do that's
             different?

Sales and Marketing 1.9 meetings per
week, 69% more than other firms

Relationship between Sales and Marketing
is strong by 79% average is 61%
Percentage of the Sales
           Forecasted
 Pipeline Generated by Marketing

Top 20% had 40%

Middle 50% was 22%

Bottom 30% was 13%
Who is responsible for
         what...

hold Marketing responsible for
quality and value of leads...

hold Sales responsible for quality
feedback and results
What your company
 needs to do. Focus on
1. Clients

2. Revenue

3. Culture

4. Language

5. People
An Action Plan
Plan

Customer Survey

Lead Definition Workshop

Build Customer Buying Cycle

Regular Sales and Marketing Alignment
meetings based on the Plan, CRM & clients
Required Actions - Level
          1
Establish a formal planning process between
Sales and Marketing (Lead Definition, Scoring
and Go-to-market messaging)

Define roles and responsibility for Lead
Management Activity

Plan to adopt marketing technology
Required Actions - Level
          2
Identify an individual or group responsible
for improving marketing performance
-- a marketing operations position

Marketing should involve sales in obtaining
"voice of the customer" input

Share results with key stakeholders
and decision makers
Required Actions - Level
          3
Accelerate adoption of lead management &
MA

Invest in campaign management capabilities
     - CBA for individual marketing campaigns

Sales better understands the goals and action
of marketing to better understand the buyers
per-sales journey
Universal Lead
   Definition Workshop
1. Refine ULD as sales ready

2. Qualify leads based as ULD

3. Nuture early stage leads until sales ready

4. Define handoff process

5. Work on closing the loop
What I can work with
        you on

Universal Lead Definition Workshop

Buying Cycle Workshop

Sales & Marketing Alignment Plan
The Sales Lead Institute
Starting Autumn 2012

6 month programme for you to decide which
of the latest SalesLead strategies you need
to adopt in your business

Small non competitive groups
Thank You for
  Listening

   Please complete and return the
   feedback form

   Pickup your copy of Alignment

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The Truth about Your Lead Generation

  • 1.
  • 2. Welcome to The Truth about Your Lead Generation Rod Sloane O2 TCR #TTAYLG June 19th 2012
  • 3. About Rod • Worked for IBM, CA, BAT, BT & BCPD • Roles Sales, Marketing, Business Development • Author 2 books, Sales and Marketing Alignment Podcast • Married, live in Ealing, play tennis and support Blackpool FC • Core Process "Showing Up"
  • 4.
  • 5. Your Turn • Name • Job Title • Company • Responsibilities
  • 6. What is Lead Generation? "Lead generation is a marketing term used  to describe the generation of consumer interest or inquiry into products or services of a business.  Businesses strive to generate 'quality' leads. Quality is usually determined by the propensity of the inquirer to take the next action towards a purchase."
  • 7. The Quiz!!The Quiz!!
  • 8. How do Sales People define a Qualified Lead? 1. Buyer in target market willing to meet 53 2. Budget, Authority, Need & Timeframe % 3. Authority, Need backed by trigger event 6 % 4. Contract and pen in hand, press hard ha ses r P urc ajo of M OT f y ear 7 3% N rt o rt sta at ted Gen R epo bu dge nd De ma
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Your new responsibility, should you choose to accept it is... "To meet the short and long term revenue targets of your company within the context of the corporate strategy.”
  • 14. About today • Not tactical i.e. NOT 121 Lead Generation Ideas • Strategic • What is your current Lead Gen doing for you? • What's it costing you? • How you can fix it.
  • 15. Why spend time talking about Lead Generation?
  • 16. CEO Speak on Lead Generation "We need more better clients!" "We need to lear n to ear n new business better than we do today!" What would your CEO say? "We need to...."
  • 17. According to the SLMA.... In the average company,  what percentage of marketing generated raw leads ever make it to a closed won deal? f es t o in b 3% 1 5% lass c
  • 18. Statistics for Qualified Leads 10% will close within first three months Another 16% will close within six months Another 19% will close within one year 45% of all Qualified Leads buy within a year How ef fective is your company at staying on top of qualified leads?
  • 19.
  • 20.
  • 21.
  • 22. The big question for Marketing is....
  • 23. What's the one thing that Marketing can do better than Sales?
  • 24. Marketing Sales
  • 25. Sales Marketing Ignore Sucks Leads
  • 26.
  • 27. Whatever you do don't give unfiltered, unqualified raw leads to your Sales Team
  • 28. Please discuss in pairs, at a strategic level • What Sales wants from Marketing • What Marketing wants from Sales • What the business wants from both of them
  • 29. What Percentage of your Closed Deals Star ted off in Marketing?
  • 30. What is the top challenge facing your marketing strategy?
  • 31.
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  • 34. Your Sales Cycle • Do you understand it? • Can you explain it? • Is it still relevant? • Does it matter?
  • 35. Your Client's Buying Cycle • Do you understand it? • Can you explain it? • What % of your competition can? • Is it documented? Is it unique?
  • 36.
  • 37. You need to become a student then an expert about your clients and their challenges.
  • 38. Buying is changing, as a result so are Marketing and Sales.
  • 39. "It's not about blame, we are all Accountable!"
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  • 43. "Be an intelligent team, learn when to do take the appropriate action at the appropriate time."
  • 44. Average growth in Annual Company Revenue Top 20% had 31.6% average growth Middle 50% had an 18.2% average growth Bottom 30% a 6.7% average decrease
  • 45. What do the top 20% do that's different? Sales and Marketing 1.9 meetings per week, 69% more than other firms Relationship between Sales and Marketing is strong by 79% average is 61%
  • 46. Percentage of the Sales Forecasted Pipeline Generated by Marketing Top 20% had 40% Middle 50% was 22% Bottom 30% was 13%
  • 47. Who is responsible for what... hold Marketing responsible for quality and value of leads... hold Sales responsible for quality feedback and results
  • 48.
  • 49. What your company needs to do. Focus on 1. Clients 2. Revenue 3. Culture 4. Language 5. People
  • 50. An Action Plan Plan Customer Survey Lead Definition Workshop Build Customer Buying Cycle Regular Sales and Marketing Alignment meetings based on the Plan, CRM & clients
  • 51. Required Actions - Level 1 Establish a formal planning process between Sales and Marketing (Lead Definition, Scoring and Go-to-market messaging) Define roles and responsibility for Lead Management Activity Plan to adopt marketing technology
  • 52. Required Actions - Level 2 Identify an individual or group responsible for improving marketing performance -- a marketing operations position Marketing should involve sales in obtaining "voice of the customer" input Share results with key stakeholders and decision makers
  • 53. Required Actions - Level 3 Accelerate adoption of lead management & MA Invest in campaign management capabilities - CBA for individual marketing campaigns Sales better understands the goals and action of marketing to better understand the buyers per-sales journey
  • 54. Universal Lead Definition Workshop 1. Refine ULD as sales ready 2. Qualify leads based as ULD 3. Nuture early stage leads until sales ready 4. Define handoff process 5. Work on closing the loop
  • 55. What I can work with you on Universal Lead Definition Workshop Buying Cycle Workshop Sales & Marketing Alignment Plan
  • 56. The Sales Lead Institute Starting Autumn 2012 6 month programme for you to decide which of the latest SalesLead strategies you need to adopt in your business Small non competitive groups
  • 57.
  • 58. Thank You for Listening Please complete and return the feedback form Pickup your copy of Alignment