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The Age Old Battle: Sales & Marketing (Mis)alignment by Justin Gray CEO & Founder of LeadMD Building Sales and Marketing Alignment with ABM

Building$Sales$and$ Marketing$Alignment$ withABMmy.leadmd.com/rs/230-YBS-585/images/Building Sales... · Purchase)Process DATABASE Predictive)Analytics Data)Sources PLANNING Sales)Intelligence

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Page 1: Building$Sales$and$ Marketing$Alignment$ withABMmy.leadmd.com/rs/230-YBS-585/images/Building Sales... · Purchase)Process DATABASE Predictive)Analytics Data)Sources PLANNING Sales)Intelligence

T he  A g e  O ld  B a t t l e :  S a le s  &  M a r k e t in g  (M i s ) a l i g nmen t b y  J u s t in  G r a y  CE O  &   Fo und e r  o f  Le a dMD

Building  Sales  and  Marketing  Alignment  

with  ABM

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Who  is  LeadMD?§ Strategic  Marketo Partner§ Marketing  Automation  &  CRM§ 2600+  Engagements§ Early  adopters

- Started  out  as  a  marketing  automation  agency  NOT  as  a  digital  marketing  agency

§ 30+  Certified  Marketo &  SFDC  experts

Justin GrayCEO@jgraymatterLeadMD

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what’s  causing  misalignmentWhere  the  gloves  meet:

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This  issue  is  nothing  new.  so  why  are  we  still  talking  about  it?

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But  just  because  someone  clicked  a  button  doesn’t  mean  they’re  ready  to  buy  

What  marketing   thinks sales  wants:   What  sales  actually wants:  

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Campaign  mentality  

The  problem  with  this  mindset:  What’s  generated  isn’t  something  sales  agrees  is  a  lead!

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What  does  this  currently  look  like  in  the  sales  &  marketing  cycle?

Marketing SalesMQL/SAL

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After  long,  you’ll  start  to  hear  gripes  from  your  sales  guys  (and  gals)…It  makes  sense:  after  so  many  bunk  leads,  why  should  they  even  bother?  

§ The  result:  Marketing  trust  breaks  down  &  Sales  behaviors  move  to  low  hanging  fruit

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For  every  400  inquiries,  only  1  becomes  a  closed  opportunity.  

That  is  a  conversion  rate  of  only  .25%.

The  traditional  funnel  promotes  waste.

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Meet  Account  Based  Marketing

If  it’s  alignment  we  seek,  how  do  we  get  there?

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What  is  an  Total  Addressable  Market?

§ Total  addressable  market (TAM) is  a  term  that  is  typically  used  to  reference  the  revenue  opportunity  available  for  a  product  or  service.

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What  is  an  ideal  customer profile?

§ A  description  of  a  customer  or  set  of  customers  that  includes:- Demographic- Geographic- Psychographic  characteristics- As  well  as  buying  patterns,- Creditworthiness- Purchase  history

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What  is  an  ideal  buyer persona?

§A  buyer  persona  is  a  detailed  profile  of  your  ideal  buyers  based  on  market  research  and  real  data  about  your  actual  clientèle.  

§The  more  detailed  your  personas  are,  the  more  results  they’ll  yield.

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Get  it  together!1. It’s  the  job  of  both  sales  and  marketing  to  agree  on  ideal  customer  profile  

2. It’s  marketing’s  specific  job  to  build  the  database  and  ensure  the  data  is  correct  and  properly  structured.

3. Metrics  need  to  be  created  that  measure  two  critical  items1. ICP/IBP  Completeness2. Account  Engagement

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Let’s  talk  about  alignment under  this  model

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Think  Account  Relationships.Not  Leads.

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Buyer  engagement  as  a  joint  account  plan  between  sales  &  marketing  

Account

Buying  Committee

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Remember  this  guy?  It  simply  doesn’t  work

Marketing SalesMQL/SAL

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This  is  how  you  engage  in  an  ABM  model  

Marketing

MQL/SAL

Executives

Sales

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Purchase  Process

DATABASE

Predictive  Analytics

Data  Sources

PLANNING

Sales  Intelligence

CONTENT

ABM  Content  Technology

EXECUTION MEASUREMENT

CRM

MARKETING  AUTOMATION

ACCOUNT  BASED  MARKETING  MANAGEMENT

Targeted  Ads

3rd Party  Web  and  Social

Personalization

SDR  Outreach  Tools

ABM  Analytics

Intelligent  Routing

ABM  Go  To  Market  Strategy

Buyer  Personas Nurture

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Learn  more  about  our  ABM  Resourcesleadmd.com/marketplace

Page 23: Building$Sales$and$ Marketing$Alignment$ withABMmy.leadmd.com/rs/230-YBS-585/images/Building Sales... · Purchase)Process DATABASE Predictive)Analytics Data)Sources PLANNING Sales)Intelligence

Thank  you