Download - Sales Readiness In the Digital Age

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Page 1: Sales Readiness In the Digital Age

Sales Readiness in the Digital Age

Page 2: Sales Readiness In the Digital Age

For Today’s Presentation

• To join the audio portion of this webinar:Call: 1 (773) 945-1011

Access code: 286-562-701

• We will start promptly at 1:00 PM EST

• Your phones are muted. Please use the Q&A function of the meeting window. (found under “Tools” menu)

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About Sales Engine International

• Private - founded in 2006• Executive team of senior

sales and marketing executives built their own “sales engine” that delivered ½ decade double digit sales growth for $1B company

• Provide Integrated Marketing Services to companies from Start-ups to Fortune 50

• Growing 126% annually by using the same “sales engine” we provide our clients

• We’re not consultants that “tell” you how to do it… we are an outsourced business process and we do it all for you

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About today’s speaker

Mike VannoyCOO, Sales Engine International

Mike Vannoy is a Partner and Chief Operating Officer at Sales Engine International. He has learned the best practices in sales acceleration founding start-ups, running large sales teams and as a senior executive in a Fortune 500 company. Mike is a Yellow Belt in Six Sigma and is responsible for all client operations at Sales Engine International.

www.SalesEngineIntl.com

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Agenda

• What is a “qualified” lead?• Lessons Learned• Sales Readiness

– Timing– Sales Intelligence– Situational Fluency

• Failure points in digital marketing• Conclusion & QA

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What’s a “qualified” lead?

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Sales & Marketing “Alignment”

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Marketing is in Nirvana

• Content is being created & campaigns executed

• Prospects are visiting the web and being nurtured

• Marketing Qualified Leads (MQL’s) are flowing in

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Sales is trying to make quota

• MQL’s are only one source of Leads

• Enormous pressure to make quota this Qtr

• Spent entire career qualifying sales opportunities

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“Aligned” but love-fest is over

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Lessons Learned? The game has changed

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Shift from “Alignment” to “Integration”

Alignment• Ideal Prospect Profile• Buying Personas• Lead scoring • Rules of engagement

IntegrationTimingSales IntelligenceSituational fluency

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Timing is everything

• 100x more likely to ‘connect’ with lead within 5 minutes vs. 30 minutes

• 21x more likely to ‘convert’ leads contacted within 5 minutes vs. 30 minutes

• 7x more likely to have “meaningful conversations” w/decision makers” in 1st hour

• Only 37% of companies respond within hour

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Timing is everything

• Real time email/text alerts• Email, web visits & content

consumption• Include contact information• Include context of the digital

behavior• Design for mobile devices

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0%

20%

40%

60% 54% 54%

34%25%

47% 47%

18% 18%

Access to prospect Business Intelligence (BI)

Access to prospect BI No access to prospect BI

Does sales intelligence matter?

Source: Aberdeen Group, January 2010

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Sales Intelligence:What keeps them up at night

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Sales Intelligence:What they are interested in

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Sales Intelligence:Who they’re connected to

• 90% of C-level executives never respond to email blasts or cold calls

• 80% do engage when referred by a connection

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Situational fluency

• MQL’s are only one source of Leads

• Enormous pressure to make quota this quarter

• Spent entire career qualifying sales opportunities

• Different skills & talk-track to qualify vs. engage top-of-funnel prospects

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Situational fluency

• Create a ‘playbook’ for every campaign

• Align ‘marketing’ message with high probability pains of prospects

• Not all ‘Click-thrus’ are alike… they didn’t ASK to be called but they ARE interested

• Give reps the questions to uncover and quantify the pain

• Give it to reps anywhere on any device at any time

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Failure points…

Sales Readiness

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Conclusions

• The game has changed• Sales Readiness requires more than

“alignment”• Effective ‘sales ready’ teams

– Follow up at the right time– Armed with great knowledge– And equipped with what to say

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Thank youQ&A’s

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