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5 Mistakes In B2B
Demand Generation


     May 19, 2009
The Panel….
Why Demand Generation?
The 5 Mistakes
1. Me, not you

2. One Time Events

3. Lists ≠ Leads
                          Oops!
4. Response Rates ≠ Results

5. Managing CEO Expectations
Mistake #1- All about me




   What                    Almost all websites say what we do
 Resonates
    With                   Customers need to solve problems
 Customers?
                               Mismatch
Mistake #1 Me

      “No one cares
       about your
       product
       except you.”
Buyer point of view
The Problem
Maybe a white paper
See the world differently
Single Tactic – Some Results

                 • Direct
                   Campaign

                 • Flat Envelope

                 • 2% Response
On Going Program Approach
                 Results
                 •   Investment in Holistic
                     Customer Cycle

                 •   Reduced Cost Per Lead,
                     with Greater Response

                 •   Improved Process
                     Adoption by Sales Team

                 •   Marketing As Thought
                     Leader vs Executor
Building Relationships
Mistake #3-Confusing Lists & Leads

Case Study
 Why do we consider that ‘Name’ a ‘Lead’?
    Because Salesforce.com says so!
 Leads have many different life cycles
 Assessing what type of Lead you have is paramount
 True comparisons can be made once all assumptions are
  known
 Demand generation to develop leads at each level increases
  overall conversion
Mistake #4: Focusing on Response
        Rates vs Results
                 Advertising/Adwords
Case Study        campaigns can be big culprits
                  of mismatched expectations
                    Reach, Awareness, Shock
                     Effect, Inquiries, Sales
                    What is the focus and goal?
                       Ultimately all comes down to
                        Sales. But is everyone aligned?
                 When Marketing is excited and
                  Sales is less than impressed,
                  something is wrong
                    Leads…leads…leads….the
                     results are great. Are they?
                    3% versus .02% became
                     customers with simple change
                    Only be happy when sales is
                     complaining less than normal
                     about Leads
Mistake #5: Managing CEO Expectations
“Average CMO tenure is
 less than three years”
Spencer Stuart, February 2008
Demand Generation
                        Education, Process, Metrics     Q1 2009
                                                                                Demand Generation
                                                                                                                                         YT

                                                 Inside Sales                                                                           Insi
       Process Adoption                Q1 Actual    Q1 Target        Q1 Score             Process Adoption               YTD Actual      YTD


                                                                                • Review &
Pct. Accepted Leads                      94%               70%        134%      Pct. Accepted Leads                           94%
Pct. Completed Leads                     93%               50%        186%      Pct. Completed Leads                          93%
% Qualified Leads                        82%               40%        205%      % Qualified Leads                             82%


       Process Adoption                Q1 Actual
                                                       Field Sales
                                                         Q1 Target   Q1 Score      Communicate Best
                                                                                          Process Adoption               YTD Actual
                                                                                                                                        Fie
                                                                                                                                        YTD

Pct. Accepted Leads                      60%               70%         86%      Pct. Accepted Leads                           60%
Pct. Completed Leads
% Qualified Leads
                                         32%
                                         24%
                                                           50%
                                                           40%
                                                                       64%
                                                                       60%
                                                                                   Practice
                                                                                Pct. Completed Leads
                                                                                % Qualified Leads
                                                                                                                              32%
                                                                                                                              24%



       Lead Distribution               Q1 Actual         Q1 Target   Q1 Score   • Map to Sales Cycle
                                                                                           Lead Distribution             YTD Actual     YTD

2-day lead distribution interval         96%               90%        107%      2-day lead distribution interval              96%


                                                 IB Marketing
                                                                                • Set Specific Targets                                  IB M
       Campaign Results                Q1 Actual    Q1 Target        Q1 Score             Campaign Results               YTD Actual      YTD

Total Inquiries
% Conversion
                                         1331
                                         39%
                                                          1300
                                                           20%
                                                                      102%
                                                                      195%
                                                                                • Measure End to End
                                                                                Marketing Qualified Leads
                                                                                % Conversion
                                                                                                                           1331
                                                                                                                           39%
Sales Ready Leads                         519              260       199.6%     Sales Ready Leads                           519
% Conversion                             65%               60%        108%      % Conversion                               65%
Sales Qualifed Leads                      338              156        217%      Sales Qualifed Leads                        338
% Conversion                             12%               20%         60%      % Conversion                               12%
# of Opportunities                         40               31        128%      # of Opportunities                           40
Opportunity $ Value (Stage 1-5)    $         84,318      $ 62,400     135%      Opportunity $ Value (Stage 1-5) $2,000   $ 84,318       $
$2,000 each                                                                     each
% Conversion                              0%               20%         0%       % Conversion                                  0%
# Opportunities Won                        0                6          0%       # Opportunities Won                            0
Closed Sales $ Value               $               -     $ 12,480      0%       Closed Sales $ Value                      $         -   $
Open Discussion

• Other Mistakes?

• Other Success Stories?

• Other Lessons Learned?
Contact Info
• Barbara Dondiengo, Level3
(720) 888-8341; barbara.dondiego@level3.com
• Ed Lemire, Acteva
(650) 222-0938, elemire@acteva.com
• Jeff Ogden, Find New Customers
(516) 284-4930, jogden@findnewcustomers.net
Top 5 Mistakes In B2B
 Demand Generation
      Programs
      May 19, 2009

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Top 5 Mistakes in Demand Generation

  • 1. 5 Mistakes In B2B Demand Generation May 19, 2009
  • 4. The 5 Mistakes 1. Me, not you 2. One Time Events 3. Lists ≠ Leads Oops! 4. Response Rates ≠ Results 5. Managing CEO Expectations
  • 5. Mistake #1- All about me What Almost all websites say what we do Resonates With Customers need to solve problems Customers? Mismatch
  • 6. Mistake #1 Me “No one cares about your product except you.”
  • 7.
  • 10.
  • 11.
  • 12. Maybe a white paper
  • 13. See the world differently
  • 14. Single Tactic – Some Results • Direct Campaign • Flat Envelope • 2% Response
  • 15. On Going Program Approach Results • Investment in Holistic Customer Cycle • Reduced Cost Per Lead, with Greater Response • Improved Process Adoption by Sales Team • Marketing As Thought Leader vs Executor
  • 17. Mistake #3-Confusing Lists & Leads Case Study  Why do we consider that ‘Name’ a ‘Lead’?  Because Salesforce.com says so!  Leads have many different life cycles  Assessing what type of Lead you have is paramount  True comparisons can be made once all assumptions are known  Demand generation to develop leads at each level increases overall conversion
  • 18. Mistake #4: Focusing on Response Rates vs Results  Advertising/Adwords Case Study campaigns can be big culprits of mismatched expectations  Reach, Awareness, Shock Effect, Inquiries, Sales  What is the focus and goal?  Ultimately all comes down to Sales. But is everyone aligned?  When Marketing is excited and Sales is less than impressed, something is wrong  Leads…leads…leads….the results are great. Are they?  3% versus .02% became customers with simple change  Only be happy when sales is complaining less than normal about Leads
  • 19. Mistake #5: Managing CEO Expectations
  • 20. “Average CMO tenure is less than three years” Spencer Stuart, February 2008
  • 21. Demand Generation Education, Process, Metrics Q1 2009 Demand Generation YT Inside Sales Insi Process Adoption Q1 Actual Q1 Target Q1 Score Process Adoption YTD Actual YTD • Review & Pct. Accepted Leads 94% 70% 134% Pct. Accepted Leads 94% Pct. Completed Leads 93% 50% 186% Pct. Completed Leads 93% % Qualified Leads 82% 40% 205% % Qualified Leads 82% Process Adoption Q1 Actual Field Sales Q1 Target Q1 Score Communicate Best Process Adoption YTD Actual Fie YTD Pct. Accepted Leads 60% 70% 86% Pct. Accepted Leads 60% Pct. Completed Leads % Qualified Leads 32% 24% 50% 40% 64% 60% Practice Pct. Completed Leads % Qualified Leads 32% 24% Lead Distribution Q1 Actual Q1 Target Q1 Score • Map to Sales Cycle Lead Distribution YTD Actual YTD 2-day lead distribution interval 96% 90% 107% 2-day lead distribution interval 96% IB Marketing • Set Specific Targets IB M Campaign Results Q1 Actual Q1 Target Q1 Score Campaign Results YTD Actual YTD Total Inquiries % Conversion 1331 39% 1300 20% 102% 195% • Measure End to End Marketing Qualified Leads % Conversion 1331 39% Sales Ready Leads 519 260 199.6% Sales Ready Leads 519 % Conversion 65% 60% 108% % Conversion 65% Sales Qualifed Leads 338 156 217% Sales Qualifed Leads 338 % Conversion 12% 20% 60% % Conversion 12% # of Opportunities 40 31 128% # of Opportunities 40 Opportunity $ Value (Stage 1-5) $ 84,318 $ 62,400 135% Opportunity $ Value (Stage 1-5) $2,000 $ 84,318 $ $2,000 each each % Conversion 0% 20% 0% % Conversion 0% # Opportunities Won 0 6 0% # Opportunities Won 0 Closed Sales $ Value $ - $ 12,480 0% Closed Sales $ Value $ - $
  • 22. Open Discussion • Other Mistakes? • Other Success Stories? • Other Lessons Learned?
  • 23.
  • 24. Contact Info • Barbara Dondiengo, Level3 (720) 888-8341; barbara.dondiego@level3.com • Ed Lemire, Acteva (650) 222-0938, elemire@acteva.com • Jeff Ogden, Find New Customers (516) 284-4930, jogden@findnewcustomers.net
  • 25. Top 5 Mistakes In B2B Demand Generation Programs May 19, 2009