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What is Marketing’s #1 Job? - B2B Marketing and Sales Tip #94

Marketing’s number one job should be lead generation with measurable impact to top-line revenue, right? I bet that’s what most CEOs and Sales Executives would say. So why do other departments still think of us as the ones who order the t-shirts and go to cool events? And these are the nice comments made, ask a few sales guys what they think of marketing and I’m sure you’ll get a variety of not so nice answers.

According to the CMO Council, 38% of CMOs say that aligning and integrating sales and marketing is a top priority this year. But, only 30% have a clear process or program to make this priority a reality. I think the real question here is - why is it only a priority for 38%?

For Marketing to have a clear impact on revenue, they must be aligned with Sales. I believe there are three important factors for healthy Marketing and Sales alignment:

  1. Marketing’s goals (and bonuses) are tied to the same goals as Sales – e.g. bookings and new customers acquired
  2. Clear definition of a lead and when leads should be passed to Sales
  3. A closed loop process that allows Sales teams to push leads not ready for Sales back to Marketing for ongoing nurture programs.

When Sales and Marketing share the same goals, they have to work together. Neither will be successful if they do not communicate openly and collaborate to reach their goals. The breakdown typically starts with the definition if a lead. With Sales constantly asking for more leads, it is no wonder that many Marketers are forced to get new contacts any way they can (website registrations, event attendees or just buying a list) and then just throw them over the wall to Sales. More is better, right? Not necessarily in this case. Instead, Marketers should warm all new contacts through an email, direct mail or webinar campaign to gauge their “sales readiness”. This enables Sales to focus on only the warm/hot leads while Marketing continues to educate those that aren’t ready to buy just yet. Through this process Marketing should also be able to weed out companies and contacts that are not a fit for the business allowing for more productivity and efficiency on your sales team.

The ideal scenario is to build a funnel together with Sales and define the stages of it and the specific hand-off point of a lead – a unified funnel is the ONLY approach to creating a win-win for the business.

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2 Responses to “What is Marketing’s #1 Job? - B2B Marketing and Sales Tip #94”

  1. Nocat Says:

    You are absolutely correct, heres where there are some more tips on e-mail marketing your readers will be interested in checking out. Stefan Tornquist from Marketing Sherpa and Jon Miller of Marketo recently hosted a webinar all about helping marketers increase the results from their B2B email marketing campaigns.
    They posted http://blog.marketo.com/blog/2008/04/5-tips-for-bett.html“>5 Tips For Better B2B Email Marketing.

  2. Troy Bingham Says:

    never fails, this is some great stuff about marketing and lead generation.

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