Can We Fix The Sales and Marketing Disconnect?

January 24th, 2009

It’s an age old problem - marketing develops elaborate campaigns and complains that sales doesn’t follow up on leads. Sales says the quality of leads is not there. Marketing develops messaging for collateral and presentations and sales does their own powerpoints and adapts the messaging; marketing loses control and consistency of the messaging. Marketing wants data and analytics in the CRM system; sales people are too busy selling to enter the data.

As one who has been on both sides of the fence in my career, I’ve often witnessed - and can emphasize with - the frustration on both sides. There is often finger pointing in both directions and the problem becomes exacerbated and things are more disconnected as the company grows.

Working Together?Sales Marketing Disconnect

At the end of the day, sales and marketing must work together to articulate the value proposition and enable sales people to speak intelligently and clearly to customers. How do we get there?

Many companies start with technology and automating the lead generation process. Although this can satisfy the marketers who seek analytics and data to understand the effectiveness and ROI of their campaigns, it is still a one way process. And it feels burdensome to sales hunters who would rather be out spending time with customers then sitting at a computer.

Although we agree that automating sales and marketing processes can improve the capture and flow of information, it does not address the most important part of the issue: the people.

Understanding Behavior

We believe it starts with understanding the behavior, motivations, ambitions and measurements of success on both sides of the table. Sales people by nature are competitive, charming, outgoing, and emotional. They need to be flexible and juggle many deals and think outside of the box to solve customer problems. Marketing, as a discipline, is far more measured, analytical and data driven. It requires a high level of consistency, attention to detail and process as do the people running the function. Different animals, but both necessary for success.

Marketing and sales management should collaborate to develop a process to work together. Consider some team building workshops utilizing behavioral assessments to help both sides understand why they are different, what their role requires, and how they are measured for success. If both sides can understand and empathize with the other, it can form a good foundation for collaboration.

A New Model

Next, establish a new model that provides data in both directions. Sales and sales management should consider marketing as an extended part of the sales team. Include them in sales meetings so they understand the process of qualification and managing a pipeline. Share success stories, provide data on what’s working - and what isn’t - so that marketing can adapt. Consider an objection handling workshop to teach marketing where the pitfalls are so they can proactively address them in the messaging.

Marketing should view sales as a customer. Ask what they need in the way of sales materials. Involve sales to deliver sales ready messaging.

AMA Survey - Tools Not Leads

Sales & Marketing Management/American Marketing Association

I found this graph to be of interest. A survey of 1,508 executives by Sales and Marketing Management/AMA, articulates the Most Helpful Tools for Sales. At the top of the list are sales enablement tools, not leads. Marketing can help most by delivering the tools to enable sales to sell.

What are you doing to bring sales and marketing together?

Navigating the New Marketing Ecosystem

January 24th, 2009

leaves1In today’s uncertain economy, marketers must do more with less, and assure that each dollar is spent wisely and on the right initiatives that drive business growth. At the same time, social media has disrupted traditional marketing and is now a critical element in the new marketing ecosystem.

There is a perception that the power has shifted to the hands of the consumer which has created urgency on the part of marketers to jump on the social media bandwagon without necessarily thinking it through.

Are you missing out? Do you know what your customers are saying about you? Do you know where the important conversations are taking place so that you can join the discussion?

We’ve discovered an innovative tool from a company called Radian6.  It’s a social media monitoring platform that enables us to conduct an assessment of online media to determine what is being said about a company and its products or services online, important topics being discussed that are relevant, and how important they are. And to join the conversations that matter.

Radian6 gathers information from across the social web, including blogs, video sharing sites, boards and forums. Results appear in real time as they are discovered. Essentially, it allows companies to actively engage in listening and responding to those who are talking, and to influence the appropriate discussions. Seems like a good place to start. What are you doing to listen in?

Targeting the New Millenials

January 24th, 2009

Marketing’s next frontier? There’s a lot of interest in - yet challenges around - reaching the latest hot demographic: the Millenials. Also called Generation Y, there are 70-80 Million of them, born between 1980 and 2000 and are thought of as a generation nearly as large as the Baby Boom. The Boomers babies, perhaps?

“They were raised by doting parents who told them they are special, played in little leagues with no winners or losers, or all winners. They are laden with trophies just for participating and they think your business-as-usual ethic is for the birds. And if you persist in the belief you can, take your job and shove it.

As correspondent Morley Safer first reported last November, corporate America is so unnerved by all this that companies like Merrill Lynch, Ernst & Young, and scores of others are hiring consultants to teach them how to deal with this generation that only takes “yes” for an answer.” The “Millenials” Are Coming

Despite the challenges they present in the workplace, they are a large demographic, with disposable income and a penchant for technology. With every gadget imaginable, they multitask, type, text and chat. Highly collaborative and connected to social media, they are a force to be reckoned with.

We personally don’t think that they call themselves Millenials, but I was surprised to find a mention that several thousand of them sent suggestions about what they want to be called to Peter Jennings at abcnews.com and “Millenials” was the clear winner.

Rocketvox is Coming - Ideal Solution for the Millenials

Working with our colleague Jothy, we are getting ready to launch RocketVox. RocketVox is an integrated InBox - one place to manage all of your email, voicemail, texting, chat and social networking in a single, integrated and confidential web-based InBox.

rvlogofinal-tagline-small1

RocketVox allows you to determine how and with whom, you want to communicate and share information. You control how and when someone can reach you by phone and who can see your personal information online. You depend how you want communications to be handled dependent upon where people are in your relational circles.

As busy mobile professionals, we are clearly interested in simplifying our communications with RocketVox, and will eagerly sign up, but we also believe there will be huge interest from the Millenials.

They are busy and highly collaborative, manage many forms of technology and are becoming all too painfully aware of the lack of security around their Facebook and MySpace lives. Here are some interesting stats from Wikipedia about this demo:

  • 97% own a computer
  • 97% have downloaded music and other media using the Internet
  • 94% own a cell phone
  • 76% use instant messaging and social networking sites
  • 75% of college students have a Facebook profile and most of them check it daily.
  • 60% own some type of portable music and/or video device such as an iPod
  • 49% regularly download music and other media using peer-to-peer file sharing
  • 34% use websites as their primary source of news
  • there are 75 million of them and they spend about $172 billion per year

Our challenge is to get RocketVox into the hands and minds of this massive population. We’ve found that marketing to this segment is a lot of fun and inspires creativity (and should I mention that there is little to no budget for marketing). A team of recent college grads, including Jothy’s daughter and her friends, provide regular input and feedback.

This small cluster of 20-somethings is connected to thousands of their peers through phonebooks and social networks and are eager and happy to share the news of something exciting that they’ve discovered that makes their life easier.

Six Degrees and Counting

We’ve set up groups on all the popular social networks and watch folks join from the six degrees of separation. We’re twittering and spoke-ing and spock-ing and twine-ing and blogging and posting messages on our home pages. One member of our marketing team, recently graduated from college, wrote and produced a video for YouTube - a spoof on the dating game called “You’re Not the One” - setting up the options out there today (Facebook, AIM, Google, etc) and why they are not “The One” to meet the integrated requirements.

Try The Survey

We’ve done a simple survey on Constant Contact to test acceptance of the product concept and have received an overwhelming and positive response with many eager to be involved in the free beta kicking off next month. Start the survey - enter f6kif at the first prompt.

Word of mouth marketing will be key to our launch. As well, we know that the product and the download experience must be easy and flawless. This generation expects technology to be easy and will give just one chance to impress.

A bad experience has the potential to flicker across the web channels instantaneously. This generation expects it to be easy and they have an opinion.

Have you done anything interesting to reach this next hot target market?