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How to Achieve Predictable,
 Scalable Revenue Growth
                   November 15, 2011
                  @Sales20Conf / #s20c

     Mark Roberge
     VP of Sales, HubSpot
     @markroberge


   Sales Strategies in a Social & Mobile World   @Sales20Conf
My mission as a sales executive


MISSION
Predictable, scalable revenue growth


STRATEGY
If I can…
 Provide each sales person with the same quantity and quality of leads
 Ensure sales people work the leads using the same process
 Hire the same type of successful sales person
 Train each sales person in the same way

…then I will achieve my goal.


            Sales Strategies in a Social & Mobile World   @Sales20Conf
#1. Provide each sales
 person with the same
 quantity and quality of leads



   Sales Strategies in a Social & Mobile World   @Sales20Conf
Use Science Not Gut to Determine Sales-Ready Leads




  * Data has been altered from actual HubSpot data for the purposesWorld presentation
                         Sales Strategies in a Social & Mobile of this                  @Sales20Conf   4
Which prospect behaviors are most influential?


                                                                                        Requested a Demo
      What behaviors                                                                    Downloaded BP White Paper

      are most                                                                          Subscribed to Company Blog


      influential in
                                                                                        Visited Pricing Page

                                                                                        Mentioned company on Twitter
      converting                                                                        Downloaded Mobile App

      prospects into                                                                    Visited CEO Bio Page

      customers?                                                                        Called Support

                                                                                        Mentioned competitor on Twitter

                                                                                        Submitted “Contact Us” Form

                                                                                        Visited Success page
                                                                                        Subscribed to eNewsletter
                                                                                        Fan company Facebook Page
                                                                                        Downloaded ISO Webinar
                                                                                        Visited Awards Page



* Data has been altered from actual HubSpot data
                                   Sales Strategies in a Social & Mobile World
for the purposes of this presentation                                            @Sales20Conf
How does each behavior influence sales cycle?




     * Data has been altered from actual HubSpot& Mobile World
                 Sales Strategies in a Social data for the purposes of this presentation
                                                                               @Sales20Conf   6
Hold Marketing Accountable to Lead Quality and Quantity




                                                                                                    Create points goal

                                                                                                    Hold Marketing
                                                                                                     accountable daily




    • MTD Rejected New Lead Rate (target < 5%): 4.6%
    • MTD 7 Day Lead to Opportunity Conv (target > 33%): 44%
    • MTD % Leads from B2B >1K employees (target > 20%): 23%
    * Data has been altered from actual HubSpot dataa Social & Mobilethis presentation
                               Sales Strategies in for the purposes of World             @Sales20Conf
7
Do you want to be “targeted” or “educated”?

    OUTBOUND                                                  INBOUND
                     800-555-1234
                     Annoying
                     Salesperson




        Sales Strategies in a Social & Mobile World   @Sales20Conf
Maximize lead flow from inbound channels




                Source: survey of hundreds of businesses: HubSpot.com/ROI



      Sales Strategies in a Social & Mobile World             @Sales20Conf
Avoid reliance on spamming your leads database




              Sales Strategies in a Social & Mobile World
       http://www.hubspot.com/the-science-of-email-marketing/   @Sales20Conf
Inbound Lead Generation Idea

Repurpose webinar content into
blog articles and tweets




    Sales Strategies in a Social & Mobile World   @Sales20Conf
Inbound Lead Generation Idea

Repurpose survey results into
blog articles and tweets




    Sales Strategies in a Social & Mobile World   @Sales20Conf
Inbound Lead Generation Idea




 Blog articles, eBooks, etc. written by professionals

 $15 - $20 per blog article

 7,800 writers, 3,900 buyers, 170,000 titles purchased

          Sales Strategies in a Social & Mobile World   @Sales20Conf
Reading List Suggestion

                                    Inbound Marketing:
                                  Get Found using Google,
                                  Social Media and Blogs


                                Top 5 Web Marketing
                                  Book on Amazon

                                  InboundBook.com
Sales Strategies in a Social & Mobile World   @Sales20Conf
Action Items

1. Use Science to define your
   sales ready leads. Hold
   marketing accountable

2. Maximize percentage of
   inbound marketing leads

3. Develop your “publishing”
   muscle

        Sales Strategies in a Social & Mobile World   @Sales20Conf
#2. Ensure sales people
 work the leads using the
 same process

   Sales Strategies in a Social & Mobile World   @Sales20Conf
Define your process to establish common terminology

        Bad Lead
                                                  1. RESEARCH
                                            Prepare for the sales process
   Too Big        No Fit
    Queue         Queue


   Marketing        Int’l                         2. PROSPECT




                                                                                     LEAD
    Queue          Queue
                                                  Get to a connect

                Unable to
                 Qualify
                                                   3. CONNECT
                                              Schedule the assessment


               Unqualified
                                              4. QUALIFY/DISCOVER
                                           Determine worthiness for demo




                                                                                     OPPORTUNITY
               Closed Lost
                                                       5. DEMO
                                             Illustrate value of software


               Closed Lost
                                                 6. OBJECTIONS & CLOSE
                                                    Sign up new customer
                    Sales Strategies in a Social & Mobile World       @Sales20Conf
Implement a metrics-driven sales culture




                                                                                                     Each Color
                                                                                                    Represents a
                                                                                                      Different
                                                                                                     Sales Rep


                            Sales Strategies in a Social & Mobile World
* Data has been altered from actual HubSpot data for the purposes of this presentation
                                                                                         @Sales20Conf
3.11

                 “Peal Back the Onion” on weak areas
                                                                               Lead-Worked-to-Connect Ratio




                                                                                   Connect-to-Demo Ratio




       * Data has been altered from actual HubSpot data for the
       purposes of this presentation


                                 Sales Strategies in a Social & Mobile World    @Sales20Conf
Use Science, Not Gut, to Find Optimal Attempts per Lead
         LTV / COCA




                                                               Attempt #


                           Sales Strategies in a Social & Mobile World
   * Data has been altered from actual HubSpot data for the purposes of this presentation
                                                                                            @Sales20Conf
Hold Sales Accountable to the Behavior You Want




                                                                       * Data has been altered from
                                                                       actual HubSpot data for the
                                                                       purposes of this presentation




          Sales Strategies in a Social & Mobile World   @Sales20Conf
Action Items


1. Implement a metrics-driven
   sales culture

2. Use Science to define your
   sales process. Hold sales
   accountable daily



        Sales Strategies in a Social & Mobile World   @Sales20Conf
#3. Hire the same type of
 successful sales person



   Sales Strategies in a Social & Mobile World   @Sales20Conf
Understand key characteristics for your sales context




  * Data has been altered from actual HubSpot data for the purposes of this presentation

                           Sales Strategies in a Social & Mobile World                     @Sales20Conf
Build process around these characteristics




       Sales Strategies in a Social & Mobile World   @Sales20Conf
#4. Train sales people
 in the same way


  Sales Strategies in a Social & Mobile World   @Sales20Conf
Train your sales people in the same way

 What I saw at many companies
      Shadow a senior sales rep for 1 month
      Read a 2 page sales manual




 HubSpot approach
      Define sales playbook (unique value proposition, target customer,
       competition, common objections, product information, etc.)
      Train sales people as consultants or experts. Give them hands on
       experience if possible.
      Use exams and certification programs.



              Sales Strategies in a Social & Mobile World   @Sales20Conf
What is HubSpot?
Complicated & Confusing                                Easy & Integrated




         Sales Strategies in a Social & Mobile World   @Sales20Conf
New Strategic Investment




                                              $32M




Sales Strategies in a Social & Mobile World     @Sales20Conf
Sales Strategies in a Social & Mobile World   @Sales20Conf
QUESTIONS
                   Mark Roberge
                   VP of Sales, HubSpot
                   @markroberge




  Sales Strategies in a Social & Mobile World   @Sales20Conf

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2011 11-15 how to achieve predictable scalable revenue growth v5

  • 1. How to Achieve Predictable, Scalable Revenue Growth November 15, 2011 @Sales20Conf / #s20c Mark Roberge VP of Sales, HubSpot @markroberge Sales Strategies in a Social & Mobile World @Sales20Conf
  • 2. My mission as a sales executive MISSION Predictable, scalable revenue growth STRATEGY If I can…  Provide each sales person with the same quantity and quality of leads  Ensure sales people work the leads using the same process  Hire the same type of successful sales person  Train each sales person in the same way …then I will achieve my goal. Sales Strategies in a Social & Mobile World @Sales20Conf
  • 3. #1. Provide each sales person with the same quantity and quality of leads Sales Strategies in a Social & Mobile World @Sales20Conf
  • 4. Use Science Not Gut to Determine Sales-Ready Leads * Data has been altered from actual HubSpot data for the purposesWorld presentation Sales Strategies in a Social & Mobile of this @Sales20Conf 4
  • 5. Which prospect behaviors are most influential? Requested a Demo What behaviors Downloaded BP White Paper are most Subscribed to Company Blog influential in Visited Pricing Page Mentioned company on Twitter converting Downloaded Mobile App prospects into Visited CEO Bio Page customers? Called Support Mentioned competitor on Twitter Submitted “Contact Us” Form Visited Success page Subscribed to eNewsletter Fan company Facebook Page Downloaded ISO Webinar Visited Awards Page * Data has been altered from actual HubSpot data Sales Strategies in a Social & Mobile World for the purposes of this presentation @Sales20Conf
  • 6. How does each behavior influence sales cycle? * Data has been altered from actual HubSpot& Mobile World Sales Strategies in a Social data for the purposes of this presentation @Sales20Conf 6
  • 7. Hold Marketing Accountable to Lead Quality and Quantity  Create points goal  Hold Marketing accountable daily • MTD Rejected New Lead Rate (target < 5%): 4.6% • MTD 7 Day Lead to Opportunity Conv (target > 33%): 44% • MTD % Leads from B2B >1K employees (target > 20%): 23% * Data has been altered from actual HubSpot dataa Social & Mobilethis presentation Sales Strategies in for the purposes of World @Sales20Conf 7
  • 8. Do you want to be “targeted” or “educated”? OUTBOUND INBOUND 800-555-1234 Annoying Salesperson Sales Strategies in a Social & Mobile World @Sales20Conf
  • 9. Maximize lead flow from inbound channels Source: survey of hundreds of businesses: HubSpot.com/ROI Sales Strategies in a Social & Mobile World @Sales20Conf
  • 10. Avoid reliance on spamming your leads database Sales Strategies in a Social & Mobile World http://www.hubspot.com/the-science-of-email-marketing/ @Sales20Conf
  • 11. Inbound Lead Generation Idea Repurpose webinar content into blog articles and tweets Sales Strategies in a Social & Mobile World @Sales20Conf
  • 12. Inbound Lead Generation Idea Repurpose survey results into blog articles and tweets Sales Strategies in a Social & Mobile World @Sales20Conf
  • 13. Inbound Lead Generation Idea  Blog articles, eBooks, etc. written by professionals  $15 - $20 per blog article  7,800 writers, 3,900 buyers, 170,000 titles purchased Sales Strategies in a Social & Mobile World @Sales20Conf
  • 14. Reading List Suggestion Inbound Marketing: Get Found using Google, Social Media and Blogs Top 5 Web Marketing Book on Amazon InboundBook.com Sales Strategies in a Social & Mobile World @Sales20Conf
  • 15. Action Items 1. Use Science to define your sales ready leads. Hold marketing accountable 2. Maximize percentage of inbound marketing leads 3. Develop your “publishing” muscle Sales Strategies in a Social & Mobile World @Sales20Conf
  • 16. #2. Ensure sales people work the leads using the same process Sales Strategies in a Social & Mobile World @Sales20Conf
  • 17. Define your process to establish common terminology Bad Lead 1. RESEARCH Prepare for the sales process Too Big No Fit Queue Queue Marketing Int’l 2. PROSPECT LEAD Queue Queue Get to a connect Unable to Qualify 3. CONNECT Schedule the assessment Unqualified 4. QUALIFY/DISCOVER Determine worthiness for demo OPPORTUNITY Closed Lost 5. DEMO Illustrate value of software Closed Lost 6. OBJECTIONS & CLOSE Sign up new customer Sales Strategies in a Social & Mobile World @Sales20Conf
  • 18. Implement a metrics-driven sales culture Each Color Represents a Different Sales Rep Sales Strategies in a Social & Mobile World * Data has been altered from actual HubSpot data for the purposes of this presentation @Sales20Conf
  • 19. 3.11 “Peal Back the Onion” on weak areas Lead-Worked-to-Connect Ratio Connect-to-Demo Ratio * Data has been altered from actual HubSpot data for the purposes of this presentation Sales Strategies in a Social & Mobile World @Sales20Conf
  • 20. Use Science, Not Gut, to Find Optimal Attempts per Lead LTV / COCA Attempt # Sales Strategies in a Social & Mobile World * Data has been altered from actual HubSpot data for the purposes of this presentation @Sales20Conf
  • 21. Hold Sales Accountable to the Behavior You Want * Data has been altered from actual HubSpot data for the purposes of this presentation Sales Strategies in a Social & Mobile World @Sales20Conf
  • 22. Action Items 1. Implement a metrics-driven sales culture 2. Use Science to define your sales process. Hold sales accountable daily Sales Strategies in a Social & Mobile World @Sales20Conf
  • 23. #3. Hire the same type of successful sales person Sales Strategies in a Social & Mobile World @Sales20Conf
  • 24. Understand key characteristics for your sales context * Data has been altered from actual HubSpot data for the purposes of this presentation Sales Strategies in a Social & Mobile World @Sales20Conf
  • 25. Build process around these characteristics Sales Strategies in a Social & Mobile World @Sales20Conf
  • 26. #4. Train sales people in the same way Sales Strategies in a Social & Mobile World @Sales20Conf
  • 27. Train your sales people in the same way  What I saw at many companies  Shadow a senior sales rep for 1 month  Read a 2 page sales manual  HubSpot approach  Define sales playbook (unique value proposition, target customer, competition, common objections, product information, etc.)  Train sales people as consultants or experts. Give them hands on experience if possible.  Use exams and certification programs. Sales Strategies in a Social & Mobile World @Sales20Conf
  • 28. What is HubSpot? Complicated & Confusing Easy & Integrated Sales Strategies in a Social & Mobile World @Sales20Conf
  • 29. New Strategic Investment $32M Sales Strategies in a Social & Mobile World @Sales20Conf
  • 30. Sales Strategies in a Social & Mobile World @Sales20Conf
  • 31. QUESTIONS Mark Roberge VP of Sales, HubSpot @markroberge Sales Strategies in a Social & Mobile World @Sales20Conf