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Juliann Grant, Vice President, Marketing
eCoast Sales Solutions
Channel Marketing
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Agenda
• Channel Marketing – Why Is It Different
• Challenges of the Channel
• Channel Marketing Best Practices
 Model Your Demand: Demand Generation Waterfall
 Inbound Marketing/SEO
 Tele-Prospecting
 Account-Based Marketing
 Sales Enablement
• Next Steps
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Ever Heard the Mantra…
The
Sales Whales
80% of Your
Revenue Comes
From 20% of
Your Customers {
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Challenges in the Channel
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Channels
Challenges in the Channel
Manufacturer
End
Customers
1 Tier
Partner
2 Tier
Partner
Distributor
Direct
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Common Channel Conflict
Geography
Price
Wars
Crossed
Accounts
Services
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
If You Are Managing One
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Managing Partner Programs
Recruitment Training Engagement Incentives Enablement
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
If You Are In A Channel
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
In the Channel, You Deal With…
Selling
Competing
Products
Product
Knowledge
Pricing
Certain
Brand
Incentives
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
What’s Available to Help the Channel?
Market Development
Funds
Co-Op Marketing
www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Channel Marketing
Best Practices
Demand Modeling
Inbound Marketing & SEO
Account-Based Marketing
Sales Enablement
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Understanding the Buyers Journey
• Learn About Approaches
• Identify Opportunity
• Feel Need or Pain
• Measure Results
• Adopt and Use
• Deploy or Launch
• Identify Solutions
• Build a Business Case
• Commit to Change
• Choose Approach
• Compare Alternatives
• Consider Risks
Evaluat
e
• Select Vendor
• Check References
Source: Forester Research
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Who is your Market? Creating Buyer Personas
Demographics -
gender, age, marital
status, income
level, location, education
Psychographics -
personality, values, attitudes, inter
ests, lifestyles
Bizographic-
industry, seniority, functional
area, role, responsibilities, knowle
dge, risk
Motivation -
needs, goals, pains, ideals, challe
nges
Relationships -
individual, directed, collaborative,
competitive, contentious, subordin
ate, superior, consensus
Modality -
methodical, spontaneous, humani
stic, competitive
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Drive and Manage Demand
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Establish a Model: The Demand Waterfall
®Copyright SiriusDecisions Inc.
23.9%
81%
23.3%
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Definitions
• MQL – Marketing Qualified Lead
• AQL – Automation Qualified Lead
• TAL – Tele-prospecting Accepted Lead
• TGL – Tele-prospecting Generated Lead
• TQL – Tele-prospecting Qualified Lead
• SGL – Sales Generated Lead
• SAL – Sales Accepted Lead
• SQL – Sales Qualified Lead
®Copyright SiriusDecisions Inc.
www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Inbound Marketing
& SEO
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Inbound Marketing: Building out Keywords
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Search Engine Optimization Factors
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Google Search Signals
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Being Social Also Sells More
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Or Those Who Are Not Social…
www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Tele-Prospecting
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Get In the Door – TeleProspecting Services
Appointment
Setting
Inbound Lead
Generation
Account-Based
Marketing
Event
Attendance
Partner
Recruitment
Inside Sales
Support
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Where TeleProspecting Fits Inn
®Copyright SiriusDecisions Inc.
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Gather Account Intelligence
www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Account-Based
Marketing
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Marketing and Sales Go To
Market Differently
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
A Typical Scenario
These
Leads
Suck!
I worked my ass
off trying to get
you some good
leads
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Need to Improve Sales-Marketing Focus
SI
Named
Accts
Criteria-based
Marketing
Account-Based
Marketing
Industry/Niche
Marketing
SIC Code
Geography
Titles
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Targeting Accounts: The Cost of Bad Data
Marketing Sherpa Study* Proves 60.85% Decrease In Overall Campaign
Costs
List#1
$24 Cost Per Record
$373 Cost Per Lead
$1 Cost Per Record
$954 Cost Per Lead
List#2
Save
63%
Per
Campaign
The “best deal” list, at $1 per record, results in a campaign that is more
than 2.5 times more costly than the most efficient list.
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
ABM: Different Lead Source Expectations
• Large enterprise accounts (reps manage 1-3)
 Marketing will only source 10% of the pipeline
 Marketing’s job is to influence the buyers through the
buy cycle
• Named Account Models (reps manage 10-30)
 Marketing will source only 15-20% of the pipeline
 Marketing’s job is to source new contacts, market to
the buying team
• Non-named accounts (Criteria-based Marketing)
 Marketing will source 30% of the pipeline
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
ABM: What is it?
• Sales selects target
accounts
• Account lists developed
• High touch
• Success is measured by
 Conversion rates
 ROI
 Volume of Sales
Qualified Leads and
Sales Accepted Leads
• Targeted/leveraged
value proposition
• Marketing casts a wide
net
• Lists are not targeted
• Low touch
• Success is measured
by:
 Volume of leads
 Cost per lead
 ROI
• One size fits all
value proposition
Account-Based
Marketing
Criteria-Based Marketing
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Why ABM? Case Study* Comparison
Criteria-Based
Marketing
Account-Based
Marketing
* Network Infrastructure Enterprise Case Study
Cost: $100k $60k
Leads Produced: 230 86
Cost Per Lead: $434.7 $697.7
No. of Deals Registered: 77 51
Leads to Registered Deal Conversion Rate: 33.5% 59.3%
Pipeline Produced: $2.982M $3.215M
Average Opportunity Value: $38,739 $63,041
ROI (Pipe:Cost): 29.8:1 53.6:1
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Improved Conversions with ABM Tactics
After ABM:
8-12%
conversion
rate
Before
ABM: 2-4%
conversion
rate
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
ABM Process - Typically 4-6 Months
List Build:
2-3 Contacts
Per Account
Build Account
Profile: Tele-
Prospecting
Nurture
Marketing
Tactics
List
Build
Tele-
Prospecting
Re-
Engagement
4-6 Weeks
Nurture
Marketing
Tactics
Achieve Best Results
Through Re-Engagement
Add New Target
Accounts
Continue
Cycle
Client
Provides
Data:
20-50
Accounts
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Why Account-Based Marketing
Phone
Verified
90% accurate
Generates
More
SAL/SQL
Leads
Higher
Pipeline
Values
Targeted
Named
Account
List
Canvas
Each
Target
Account
Re-
engagement
cycles
Higher
Return On
Investment=
High
Touch
Process
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Sales Marketing
Sales and Marketing Both Benefit
No disputing leads
Aligns with targeted account lists
Get in the door faster
Manage information effectively
around account
Nurture plan is focused
Better account planning
No disputing leads
Develop leads sales wants
Help move down the buy cycle
through planned content
More focused nurture campaigns
Higher efficiency
Higher quality leads
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
ABM: Achieve Marketing-Sales Alignment
www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Sales Enablement
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Partner Tools
Product/
Solution
Portals
Product/
Solution
Training
Co-Branded
Assets
Co-Branded
Campaigns
Marketing
Portals
© 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales
Thank You!
Phone 603.994.4316 | 1.877.766.7355
Email jgrant@ecoastsales.com
Website ecoastsales.com
Blog blog2.ecoastsales.com
LinkedIn linkedin.com/companies/ecoast
Twitter twitter.com/ecoast
Facebook facebook.com/ecoast
Twitter Twitter.com/julianng
LinkedIn Linkedin.com/in/julianngrant

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Channel Marketing Best Practices: Tactics to Drive Sales Performance

  • 1. Juliann Grant, Vice President, Marketing eCoast Sales Solutions Channel Marketing
  • 2. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Agenda • Channel Marketing – Why Is It Different • Challenges of the Channel • Channel Marketing Best Practices  Model Your Demand: Demand Generation Waterfall  Inbound Marketing/SEO  Tele-Prospecting  Account-Based Marketing  Sales Enablement • Next Steps
  • 3. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Ever Heard the Mantra… The Sales Whales 80% of Your Revenue Comes From 20% of Your Customers {
  • 4. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Challenges in the Channel
  • 5. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Channels Challenges in the Channel Manufacturer End Customers 1 Tier Partner 2 Tier Partner Distributor Direct
  • 6. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Common Channel Conflict Geography Price Wars Crossed Accounts Services
  • 7. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales If You Are Managing One
  • 8. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Managing Partner Programs Recruitment Training Engagement Incentives Enablement
  • 9. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales If You Are In A Channel
  • 10. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales In the Channel, You Deal With… Selling Competing Products Product Knowledge Pricing Certain Brand Incentives
  • 11. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales What’s Available to Help the Channel? Market Development Funds Co-Op Marketing
  • 12. www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Channel Marketing Best Practices Demand Modeling Inbound Marketing & SEO Account-Based Marketing Sales Enablement
  • 13. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Understanding the Buyers Journey • Learn About Approaches • Identify Opportunity • Feel Need or Pain • Measure Results • Adopt and Use • Deploy or Launch • Identify Solutions • Build a Business Case • Commit to Change • Choose Approach • Compare Alternatives • Consider Risks Evaluat e • Select Vendor • Check References Source: Forester Research
  • 14. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Who is your Market? Creating Buyer Personas Demographics - gender, age, marital status, income level, location, education Psychographics - personality, values, attitudes, inter ests, lifestyles Bizographic- industry, seniority, functional area, role, responsibilities, knowle dge, risk Motivation - needs, goals, pains, ideals, challe nges Relationships - individual, directed, collaborative, competitive, contentious, subordin ate, superior, consensus Modality - methodical, spontaneous, humani stic, competitive
  • 15. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Drive and Manage Demand
  • 16. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Establish a Model: The Demand Waterfall ®Copyright SiriusDecisions Inc. 23.9% 81% 23.3%
  • 17. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Definitions • MQL – Marketing Qualified Lead • AQL – Automation Qualified Lead • TAL – Tele-prospecting Accepted Lead • TGL – Tele-prospecting Generated Lead • TQL – Tele-prospecting Qualified Lead • SGL – Sales Generated Lead • SAL – Sales Accepted Lead • SQL – Sales Qualified Lead ®Copyright SiriusDecisions Inc.
  • 18. www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Inbound Marketing & SEO
  • 19. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Inbound Marketing: Building out Keywords
  • 20. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Search Engine Optimization Factors
  • 21. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Google Search Signals
  • 22. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Being Social Also Sells More
  • 23. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Or Those Who Are Not Social…
  • 24. www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Tele-Prospecting
  • 25. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Get In the Door – TeleProspecting Services Appointment Setting Inbound Lead Generation Account-Based Marketing Event Attendance Partner Recruitment Inside Sales Support
  • 26. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Where TeleProspecting Fits Inn ®Copyright SiriusDecisions Inc.
  • 27. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Gather Account Intelligence
  • 28. www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Account-Based Marketing
  • 29. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Marketing and Sales Go To Market Differently
  • 30. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales A Typical Scenario These Leads Suck! I worked my ass off trying to get you some good leads
  • 31. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Need to Improve Sales-Marketing Focus SI Named Accts Criteria-based Marketing Account-Based Marketing Industry/Niche Marketing SIC Code Geography Titles
  • 32. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Targeting Accounts: The Cost of Bad Data Marketing Sherpa Study* Proves 60.85% Decrease In Overall Campaign Costs List#1 $24 Cost Per Record $373 Cost Per Lead $1 Cost Per Record $954 Cost Per Lead List#2 Save 63% Per Campaign The “best deal” list, at $1 per record, results in a campaign that is more than 2.5 times more costly than the most efficient list.
  • 33. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales ABM: Different Lead Source Expectations • Large enterprise accounts (reps manage 1-3)  Marketing will only source 10% of the pipeline  Marketing’s job is to influence the buyers through the buy cycle • Named Account Models (reps manage 10-30)  Marketing will source only 15-20% of the pipeline  Marketing’s job is to source new contacts, market to the buying team • Non-named accounts (Criteria-based Marketing)  Marketing will source 30% of the pipeline
  • 34. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales ABM: What is it? • Sales selects target accounts • Account lists developed • High touch • Success is measured by  Conversion rates  ROI  Volume of Sales Qualified Leads and Sales Accepted Leads • Targeted/leveraged value proposition • Marketing casts a wide net • Lists are not targeted • Low touch • Success is measured by:  Volume of leads  Cost per lead  ROI • One size fits all value proposition Account-Based Marketing Criteria-Based Marketing
  • 35. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Why ABM? Case Study* Comparison Criteria-Based Marketing Account-Based Marketing * Network Infrastructure Enterprise Case Study Cost: $100k $60k Leads Produced: 230 86 Cost Per Lead: $434.7 $697.7 No. of Deals Registered: 77 51 Leads to Registered Deal Conversion Rate: 33.5% 59.3% Pipeline Produced: $2.982M $3.215M Average Opportunity Value: $38,739 $63,041 ROI (Pipe:Cost): 29.8:1 53.6:1
  • 36. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Improved Conversions with ABM Tactics After ABM: 8-12% conversion rate Before ABM: 2-4% conversion rate
  • 37. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales ABM Process - Typically 4-6 Months List Build: 2-3 Contacts Per Account Build Account Profile: Tele- Prospecting Nurture Marketing Tactics List Build Tele- Prospecting Re- Engagement 4-6 Weeks Nurture Marketing Tactics Achieve Best Results Through Re-Engagement Add New Target Accounts Continue Cycle Client Provides Data: 20-50 Accounts
  • 38. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Why Account-Based Marketing Phone Verified 90% accurate Generates More SAL/SQL Leads Higher Pipeline Values Targeted Named Account List Canvas Each Target Account Re- engagement cycles Higher Return On Investment= High Touch Process
  • 39. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Sales Marketing Sales and Marketing Both Benefit No disputing leads Aligns with targeted account lists Get in the door faster Manage information effectively around account Nurture plan is focused Better account planning No disputing leads Develop leads sales wants Help move down the buy cycle through planned content More focused nurture campaigns Higher efficiency Higher quality leads
  • 40. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales ABM: Achieve Marketing-Sales Alignment
  • 41. www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Sales Enablement
  • 42. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Partner Tools Product/ Solution Portals Product/ Solution Training Co-Branded Assets Co-Branded Campaigns Marketing Portals
  • 43. © 2010 eCoast. All rights reserved.www.ecoastsales.com 1.877.766.7355 8th Annual ISA Marketing & Sales Thank You! Phone 603.994.4316 | 1.877.766.7355 Email jgrant@ecoastsales.com Website ecoastsales.com Blog blog2.ecoastsales.com LinkedIn linkedin.com/companies/ecoast Twitter twitter.com/ecoast Facebook facebook.com/ecoast Twitter Twitter.com/julianng LinkedIn Linkedin.com/in/julianngrant