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Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness Track – Sales Professionals Bill Binch, V.P. Sales, Marketo Jim McLoughlin, S.V.P. Sales, Appirio Ste e Pace E V P Sales Core Sec rit Steve Pace, E.V.P. Sales, Core Security

Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

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This SlideShare presentation from Marketo demonstrates how marketing automation resources can improve sales effectiveness at every stage of the revenue cycle with integrated lead scoring practices. Marketing automation resources from Marketo can boost your company’s sales effectiveness by helping you sales team organize, prioritize and follow up with both short and long-term leads. Improving sales and marketing alignment with an integrated marketing dashboard ensures that no leads are left behind.

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Page 1: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Track – Sales Professionals

Bill Binch, V.P. Sales, MarketoJim McLoughlin, S.V.P. Sales, AppirioSte e Pace E V P Sales Core Sec ritSteve Pace, E.V.P. Sales, Core Security

Page 2: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Safe HarborSafe harbor statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-l ki t t t th t i l i k t i ti d ti If h t i ti t i li if f thlooking statements that involve risks, uncertainties, and assumptions. If any such uncertainties materialize or if any of theassumptions proves incorrect, the results of salesforce.com, inc. could differ materially from the results expressed or implied by the forward-looking statements we make. All statements other than statements of historical fact could be deemed forward-looking, including any projections of subscriber growth, earnings, revenues, or other financial items and any statements regarding strategies or plans of management for future operations, statements of belief, any statements concerning new planned or upgraded services or technology developments and customer contracts or use of ourconcerning new, planned, or upgraded services or technology developments and customer contracts or use of our services.

The risks and uncertainties referred to above include – but are not limited to – risks associated with developing and delivering new functionality for our service, our new business model, our past operating losses, possible fluctuations in our operating results and rate of growth, interruptions or delays in our Web hosting, breach of our security measures, the p g g p y g youtcome of intellectual property and other litigation, risks associated with possible mergers and acquisitions, the immature market in which we operate, our relatively limited operating history, our ability to expand, retain, and motivate our employees and manage our growth, new releases of our service and successful customer deployment, our limited history reselling non-salesforce.com products, and utilization and selling to larger enterprise customers. Further information on potential factors that could affect the financial results of salesforce.com, inc. is included in our annual

t F 10 K f th t t fi l d d J 31 2010 Thi d t d th il blreport on Form 10-K for the most recent fiscal year ended January 31, 2010. This documents and others are available on the SEC Filings section of the Investor Information section of our Web site.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase our services should make the purchase decisions based upon features that are currently available Salesforce com inc assumes no obligation and does notdecisions based upon features that are currently available. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements.

Page 3: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Agenda Slide – What Will People Learn?

Abstract: This session is ideal for anyone looking for detailed, practical case studies about improving sales operations and sales effectiveness. Our panel of sales leaders will share the “secret sauce” behind their success and how to increase productivity per sales repsuccess, and how to increase productivity per sales rep by up to 50%.

Session Objectives:1. Creating a high velocity revenue cycle2. Unleashing sales productivity by focusing on the hottest

opportunities3. Death of the cold call

Page 4: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Bill BinchV.P. of Sales, Marketo

Page 5: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

All About Marketo

• Highly efficient revenue cycle:• 65% of revenue directly sourced by marketing

• Sales reps carry $1.2M annual recurring revenue quotarecurring revenue quota

• CAC ratio of 1.5

• Marketing automation & sales ff ti (S S)effectiveness (SaaS)

• 800 mid‐market and enterprise customers 

• 3 ½ years old, 130 employees

Page 6: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

2009200920092009was thewas thebi t bi t biggest biggest single yearsingle year**single yearsingle yeardropdropin revenue. in revenue. *CSO Insights 2010 Study

i th l t 16comparing the last 16 years.

Page 7: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

%%

of sales repsof sales repsof sales repsof sales reps

DID NOT DID NOT DID NOT DID NOT ACHIEVEACHIEVEth i l lth i l ltheir sales goal.their sales goal.

Page 8: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

And Quotas And Quotas Continue to Continue to Continue to Continue to Rise! Rise!

f Q t Hi h f Q t Hi h of Quotas Higher of Quotas Higher Year Over YearYear Over YearYear Over YearYear Over Year

Page 9: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Marketing Puts Sales in the Best Position to Convert

Page 10: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Impact of Touching the Right Opportunity at the Right Time

97%

120%

How Easy Is it To Get Access to Information About Prioritizing Sales Efforts?

97%

72%79%

80%

100%

50%

40%

60% EasyHard

20%

40%

0%

% Revenue Plan Achieved % Reps Meeting/Beating Quota

Source: CSO Insights

Page 11: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Sales Insights

Page 12: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Lead Scoring Rules

Demographics Show Qualification• Third party data or manual 

prospect review

Active Score Shows Buying Intent• Visit pricing pages:

• +10 regular +15 detailedprospect review

Latent Score Shows Engagement• Attend webinar: +5

+10 regular, +15 detailed• Timeline < 3 months: +15• Watch demos: 

• +5 overview, +10 detailed• Download thought leadership: +3• Visit any webpage / blog : +1• Click any email: +1• Visit careers pages: ‐10

• Download Marketo reviews: +12• Download buyers guides: +8• Download data sheets: +8• Searches for “Marketo”: +8Visit careers pages:  10 • Searches for  Marketo : +8• Heavy web activity: +5

Lead = 55 “Overall Score” Lead = 25 “behavior score”

Page 13: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Lead Follow-Up Processes

High Score / High Score / Latent BuyingLatent Buying

High Score / High Score / Active BuyingActive Buying

EnterpriseEnterprise Unrealized NeedUnrealized Need Immediate Sales Immediate Sales FollowFollow--UpUp

TargetTarget Unrealized NeedUnrealized Need Immediate Immediate QualificationQualificationQualificationQualification

OtherOther XX LowLow--Priority Priority OtherOther XX yyQualificationQualification

Page 14: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Lead Follow-up Process

Page 15: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

No Lead Left Behind

Day 0 Notification

Day 1 In untouched, reminder

Day 2 If untouched, reminder cc boss

Day 3 If untouched, alert executives

Day 7 If stale, reminder

Day 8 If stale, reminder cc boss

Day 9 If stale, alert executives

Page 16: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Key Take Aways

1. Grow revenue by making sales more productive, not just by hiring more repsj y g

2. Differentiate active buying behaviors from latent buying behaviors

3 N l d l ft b hi d / i l l t3. No lead left behind / service level agreements

Page 17: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Jim McLoughlinS.V.P. of Sales, Appirio

Page 18: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

All About Appirio

Appirio is a cloud solution provider offering products and professional services that help enterprises accelerate their adoption of cloud technologies. 

• A structured and repeatable process allows• A structured and repeatable process allows Appirio to connect with people earlier in the buying cycle

• Marketing and Sales work together toMarketing and Sales work together to determine lead scores which drive Sales priorities

• Empower Sales with insight, information and context and control.

Page 19: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Marketing Philosophy

Longer‐term leads (future opportunities), often ignored pp ) gby salespeople, represent 77% of potential sales.

Complex Sales Studies Show:Complex Sales Studies Show: 11% of Inquiries purchase within three months, 17% purchased within four to six months and 25% purchased within seven to 12 months. And 47% bought in a year or moreyear or more.

Page 20: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Structured and Repeatable ProcessL d G tiC i

Website Forms

Lead GenerationCampaigns

Phone Lead Capture Attach to Campaign

Manual Entry

Plan and ExecuteMarketing Campaign

Lists Import

L d P R ti

AssignmentCleanse &

Append Process Lead Contact? Qualified? Pass

Lead Process Reporting

Reports / Analysis

Nurture / Recycle Dashboards / KPIs

Page 21: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Empowering Sales with Sales InsightVisibility / Action / ControlVisibility / Action / Control

Page 22: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Empowering Sales: Information and ContextBring Marketing Information and Context to Sales Where they liveBring Marketing Information and Context to Sales – Where they live

Page 23: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Empowering Sales: Bring the Cloud to SalesComplete Common Sales Cloud Operations in Google AppsComplete Common Sales Cloud Operations in Google Apps

Page 24: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Key Take Aways

1. A structured and repeatable process allows Appirio to connect with people earlier in the buying cycley g y

2. Marketing and Sales work together to determine lead scores which drive Sales priorities

3 E S l ith i i ht i f ti d t t3. Empower Sales with insight, information and context and control with Sales Insight and SalesWorks

Page 25: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Steve PaceE.V.P. of Sales, Core Security

Page 26: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

All About Core Security

Core Security Technologies enables organizations to get ahead of threats with security test and measurement solutions that continuously identify and prove real-world exposures to their most critical assetsexposures to their most critical assets.

• Accelerating the sales cycle with marketing • Systematic Sales Follow Up Process• Equip Sales with Sales Insight

Company Logo w/ white background

• Equip Sales with Sales Insight• Enabling Customer Retention

Page 27: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Accelerating the sales cycle with marketing –aligning to deliver predictable revenue

Send CutsCollect lead

at a tradeshow

automated follow up with opportunity to

talk with

Cuts qualification time from

36 days to1 day

Resulted in $40,000

opportunity pipeline

Sales 1 day

Page 28: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Systematic Sales Follow Up ProcessDemonstration Req ests Res lts in Priorit Follo UpDemonstration Requests Results in Priority Follow Up

Page 29: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Systematic Sales Follow Up ProcessDail ReportDaily Report

Page 30: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Subscription Based Business Model C stomer beha ior insights enable better c stomer retentionCustomer behavior insights enable better customer retention

Page 31: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Equip Sales with Best Bets and Watch Lists

Page 32: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Key Take Aways

Accelerating the sales cycle with marketing Systematic Sales Follow Up Processy p Equip Sales with Sales Insight Enabling Customer Retentiong

Page 33: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Question & AnswerQuestion & Answer

Bill BinchV.P. Sales, Marketo

Jim McLoughlinS.V.P Sales, Appirio

Steve PaceE.V.P. Sales, Core Security

Page 34: Achieving Predictable Revenue: Case Studies in Improving Sales Effectiveness

Achieving Predictable Revenue: gCase Studies in Improving Sales Effectiveness