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Tracy Eiler CMO, InsideView 1

The Advocacy Imperative: The Revenue-Driving Secret Weapon

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Page 1: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Tracy Eiler

CMO, InsideView

1

Page 2: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The Advocacy ImperativeThe Revenue-Driving Secret Weapon

Tracy Eiler, CMO

San Francisco, July 26, 2016

Page 3: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Mom, girlfriend, daughter, sister, gardener…

#advocacyadv

Page 4: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Storyteller, demand generator, promotor

#advocacyadv

Page 5: The Advocacy Imperative: The Revenue-Driving Secret Weapon

What I believe

• Marketing exists to make sales easier

• Your brand is the promise to the customer

• The glass is half full. Always.

#advocacyadv

Page 6: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The traditional funnel is gone

The buyer is in charge

Sales & marketing are not aligned

We need to catch up to B2C

What Drives the Advocacy Imperative?

Customers are simply easier (if they are happy)

Page 7: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The Traditional Funnel is Gone

Page 8: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The New Funnel

Page 9: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The New Funnel

Customers

Page 10: The Advocacy Imperative: The Revenue-Driving Secret Weapon

The Buyer is in Charge

Source: Forrester, Death of a B2B

Salesman

Page 11: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Marketing is Behind

• Messy, incomplete

customer data

• No direct customer

interaction

• Don’t put customer

data to work

Source: Forrester Make Your B2B Marketing Thrive in the Age of the Customer

Page 12: The Advocacy Imperative: The Revenue-Driving Secret Weapon

We Are Not Aligned→ Conflict

Long-term

Segments

Top of lead funnel

Campaign metrics

Net new accounts

This quarter

Accounts, titles, people

Start of sales cycle

Quota attainment

Grow accounts (customers!)

Page 13: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Catching Up to B2C

Source: Forrester, The Evolved CMO in 2016

Q415 Forrester/Heidrick & Struggles Global Evolved CMO Survey

Page 14: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Customer win rates are 2x of net

new accounts

Page 15: The Advocacy Imperative: The Revenue-Driving Secret Weapon

ADVOCACY(the secret weapon to drive revenue)

Page 16: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Embrace account-based everything

Making Advocacy a Core Strategy

Technology solutions allow scale

Align sales & marketing

Get CX responsibility

Create a customer data strategy

Page 17: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Align Sales & Marketing in Every Process

Source: Forrester, Build an Adaptive, Efficient

Process to Elevate Leads to Revenue

Page 18: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Account-Based “Everything”

Maximizes Revenue

Page 19: The Advocacy Imperative: The Revenue-Driving Secret Weapon

CMOs Expand Responsibilities to CX

Source: Forrester, The Evolved CMO in

2016

Q415 Forrester/Heidrick & Struggles Global Evolved CMO

Survey

Page 20: The Advocacy Imperative: The Revenue-Driving Secret Weapon

CMOs Value Experience in CX

Source: Forrester, The Evolved CMO in 2016

Q415 Forrester/Heidrick & Struggles Global Evolved CMO Survey

Page 21: The Advocacy Imperative: The Revenue-Driving Secret Weapon

You Must Have a Customer Data Strategy

Page 22: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Advocate

technology

platforms

allow you

to scale

Page 23: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Embrace account-based everything

Making Advocacy a Core Strategy

Technology solutions allow scale

Align sales & marketing

Get CX responsibility

Create a customer data strategy

Page 24: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Customer Loyalty Drives Revenue

• Increase cross-sell by 22%

• Drive up-sell revenue from 13-51%

• Increase order size from 2-5X

Source: Constellation Research

Page 25: The Advocacy Imperative: The Revenue-Driving Secret Weapon

Read my book — available October 3rd!

Page 26: The Advocacy Imperative: The Revenue-Driving Secret Weapon
Page 27: The Advocacy Imperative: The Revenue-Driving Secret Weapon