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Confessions of a Rev Ops Curmudgeon
How Sales Leaders can Get the Greenlight for
New Tech, New Reps, and New Projects
List of past roles my CRO wants me to tell you about
...he says it makes me special
● SDR/BDR
● SDR/BDR Manager
● Inside/Outside hybrid sales rep
● Marketing Operations Manager
● Sales Operations Manager
● Revenue Operations “Skunkworks” Leader
How I got myself FIRED
...and then promoted…
...the first time…
It all started with bargaining
And some easy math...
I HATED cold calling
It all started with bargaining
And some easy math...
How can I know
if what I’m doing today
will get me PAID next
quarter?
It all started with bargaining
And some easy math...
How many deals
do I need to win to
hit accelerators?
It all started with bargaining
And some easy math...
How many deals do I
need to qualify
to win that many?
It all started with bargaining
And some easy math...
How many people
do I need to speak to
in order to qualify that
many?
It all started with bargaining
And some easy math...
How many leads do I
need to process (calls I need to make)
to speak with that
many people?
It all started with bargaining
And some easy math...
How much money,
is each milestone worth
in quota retirement?
It all started with bargaining
And some easy math...
ACV $50,000
Someone told
me there were
thousands of
leads thrown
out every
quarter….
Close Rate 21.5%
Meeting-to-qualified
opportunity
conversion rate
53%
Lead-to-meeting
conversion ratio
15%
Value of attempting
to contact any given
lead
$871
ACV $50,000
Close Rate 21.5%
Meeting-to-qualified
opportunity
conversion rate
53%
Lead-to-meeting
conversion ratio
15%
Value of attempting
to contact any given
lead
$871
It all started with bargaining
And some easy math...
What’s the value
of an “A” lead vs a
“D” lead?
How does time from
generation-to-contact
impact the dollar value
of that lead? How much
variance is there in
each segmentation
of this data?
Is there a
correlation
between the value
of a lead and the
duration of sales
cycle?
How does the marketing
program that drove the lead
impact the value of that
lead?
How wide is the standard
deviation of each of these
major characteristics?
2X
PIPELINE
INCREASE
6 months
Within
1%SIX MONTH
FORECAST
ACCURACY
+100%
$27M
$54M
Closed-Won Bookings
INCREASE OVER 6 MO.
HEADCOUNT
DECREASE OVER 1 YR.
$1,300,000 SAVINGS
38
25
-34%
2XPIPELINE
INCREASE
He 󰈀d 󰇹 󰈢u 󰈞t Le 󰈀d 󰈐 󰈢󰈗u 󰈛 󰈩
PRODUCTIVITY
LIMITER
Self
included
Why your ops
team might
seem like
curmudgeons
Function within Company: Political Landscape:
● MUCH lower budget priority
● MUCH lower headcount
priority
Revenue
Expenses
Profit
Your job
Operations’ Job
Personality Traits:
● Risk Averse
● Skeptical
● Pragmatic
● Deliberate
● Autonomous
● Accommodating
Actual legal liability:
If this new tool/process
compromises sensitive data,
ops personnel are likely to
be fired, fined and/or jailed
There are only 3 ways to persuade someone
Image credit: Backdrops by Charles A Stewart
Getting the Greenlight for your
project/tech/team
1. FIND AN EXECUTIVE
STAKEHOLDER
2. Arm yourself (and your executive stakeholder)
with the right information,
formatted “correctly”
One could credibly argue this is step 1
Know your frEnemy
At the highest level, Ops, Finance and senior executives care about 2 things:
● ROI - “How many dollars come out for every dollar I put in?”
● IRR - “How do I deploy limited capital most effectively against an ocean of
possible choices to increase shareholder value?”
This is an annoyingly hard math
problem (for humans)
(Total revenue - Total cost)
Total cost
100ROI
Making the ROI case
Provide “upper & lower bound” estimates on….
-Cost if everything goes wrong (exposure)
-Gain if everything goes well
(and any associated increases in cost)
-Projected ROI range
3. Show your ops counterpart
how easy it is FOR THEM to prove
the concept
4. Put it all together
Executive Summary
Problem Statement: The lack of accurate contact data in our CRM has become a major blocker in our ability to grow
market share in our velocity business segments - it is unlikely we’ll make our sales targets without improved
contactability.
Proposed Solution: [VENDOR NAME] offers the ability to import data directly from their databases into our CRM
and/or marketing automation systems as well as ensure existing contact data stays accurate via their integration into
Salesforce.
Justification: We do not currently use such a solution and access to such a tool could greatly boost the effectiveness
of the team’s prospecting efforts. Effort required to prove the concept in a pilot looks to be minimal. Additionally,
[VENDOR NAME’s] pricing model allows for minimal downside exposure while creating the opportunity for huge ROI.
Further analysis available in subsequent slides.
Additional Notes: [VENDOR NAME] has recently published a case study with our competitor, [COMPETITOR NAME],
and has expressed an openness to doing the same with us in exchange for significant discounts. [VENDOR NAME]
meets IT’s requirement of being NIST 800-171 compliant among other certifications.
Contactability in Velocity Segments
Counts based on number of validated contacts
Segment
% of
accounts
with at least
1 contact
% of
accounts
with 2 or 3
contacts
% of
accounts
with more
than 3
contacts
% of
accounts
without any
contacts
# of
accounts
without any
contacts
State &
Local Gov’t
55% 14% 2% 45% 3735
Mid-Market 59% 12% 4% 39% 3967
Commercial 64% 15% 7% 36% 1819
Enterprise 91% 43% 21% 8% 240
Large
Enterprise
>99% 63% 31% <1% 8
VENDOR NAME Key Capabilities
● Largest Government and SMB contact database in the industry
● Guarantee 90% data accuracy within 6 months
● One-click import into SFDC for reps
● Works with LinkedIn Sales Navigator
● Prevents reps from importing duplicate records
Exposure & ROI projections
# of accounts without any contacts 9521
Unique, in-segment accounts with
at least 1 persona-matching
contact in VENDOR NAME data
160k
Segment ACV $15k
Vendor list price (annual) $24k
Minimum required to pilot $6k
Contact-to-Closed Deal Conversion
rate (broad avg)
1.1%
Projected ROI from reduced “0 contacts” Accounts
Reduced by 10% Reduced by 25%
Number of
contacts found at
target accounts
952 2380
Number of deals
won from new
contacts
10 25
Projected
bookings
$150,000 $375,000
Projected
Program ROI
6.25x 15.6x
Milestone Client Personnel Wk1 Wk2 Wk3 Wk4
Kickoff
Sales Leader, SDR/BDR
Leader, Ops Leader
Rep List Finalized,
Accounts
Created
Sales & SDR Leader,
VENDOR CONTACT
OAuth Integration
& Field Mapping
Salesforce
Salesforce Admin
Sandbox Testing
Complete
Operations, SFDC Admin
Rep Training Reps, VENDOR CONTACT
QA & UAT Ops
Go Live
(Production)
Reps
Results “First Look” Sales Leader, SDR Leader
Milestones required to prove concept
Thank you

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Confessions of a RevOps Curmudgeon - How sales leaders can get the greenlight for new tech, new reps, and new projects

  • 1. Confessions of a Rev Ops Curmudgeon How Sales Leaders can Get the Greenlight for New Tech, New Reps, and New Projects
  • 2.
  • 3. List of past roles my CRO wants me to tell you about ...he says it makes me special ● SDR/BDR ● SDR/BDR Manager ● Inside/Outside hybrid sales rep ● Marketing Operations Manager ● Sales Operations Manager ● Revenue Operations “Skunkworks” Leader
  • 4. How I got myself FIRED ...and then promoted… ...the first time…
  • 5. It all started with bargaining And some easy math... I HATED cold calling
  • 6. It all started with bargaining And some easy math... How can I know if what I’m doing today will get me PAID next quarter?
  • 7. It all started with bargaining And some easy math... How many deals do I need to win to hit accelerators?
  • 8. It all started with bargaining And some easy math... How many deals do I need to qualify to win that many?
  • 9. It all started with bargaining And some easy math... How many people do I need to speak to in order to qualify that many?
  • 10. It all started with bargaining And some easy math... How many leads do I need to process (calls I need to make) to speak with that many people?
  • 11. It all started with bargaining And some easy math... How much money, is each milestone worth in quota retirement?
  • 12. It all started with bargaining And some easy math... ACV $50,000 Someone told me there were thousands of leads thrown out every quarter…. Close Rate 21.5% Meeting-to-qualified opportunity conversion rate 53% Lead-to-meeting conversion ratio 15% Value of attempting to contact any given lead $871
  • 13. ACV $50,000 Close Rate 21.5% Meeting-to-qualified opportunity conversion rate 53% Lead-to-meeting conversion ratio 15% Value of attempting to contact any given lead $871 It all started with bargaining And some easy math... What’s the value of an “A” lead vs a “D” lead? How does time from generation-to-contact impact the dollar value of that lead? How much variance is there in each segmentation of this data? Is there a correlation between the value of a lead and the duration of sales cycle? How does the marketing program that drove the lead impact the value of that lead? How wide is the standard deviation of each of these major characteristics?
  • 16. Within 1%SIX MONTH FORECAST ACCURACY +100% $27M $54M Closed-Won Bookings INCREASE OVER 6 MO. HEADCOUNT DECREASE OVER 1 YR. $1,300,000 SAVINGS 38 25 -34% 2XPIPELINE INCREASE He 󰈀d 󰇹 󰈢u 󰈞t Le 󰈀d 󰈐 󰈢󰈗u 󰈛 󰈩 PRODUCTIVITY LIMITER Self included
  • 17. Why your ops team might seem like curmudgeons
  • 18. Function within Company: Political Landscape: ● MUCH lower budget priority ● MUCH lower headcount priority Revenue Expenses Profit Your job Operations’ Job Personality Traits: ● Risk Averse ● Skeptical ● Pragmatic ● Deliberate ● Autonomous ● Accommodating Actual legal liability: If this new tool/process compromises sensitive data, ops personnel are likely to be fired, fined and/or jailed
  • 19. There are only 3 ways to persuade someone Image credit: Backdrops by Charles A Stewart
  • 20. Getting the Greenlight for your project/tech/team
  • 21. 1. FIND AN EXECUTIVE STAKEHOLDER
  • 22. 2. Arm yourself (and your executive stakeholder) with the right information, formatted “correctly” One could credibly argue this is step 1
  • 23. Know your frEnemy At the highest level, Ops, Finance and senior executives care about 2 things: ● ROI - “How many dollars come out for every dollar I put in?” ● IRR - “How do I deploy limited capital most effectively against an ocean of possible choices to increase shareholder value?” This is an annoyingly hard math problem (for humans) (Total revenue - Total cost) Total cost 100ROI
  • 24. Making the ROI case Provide “upper & lower bound” estimates on…. -Cost if everything goes wrong (exposure) -Gain if everything goes well (and any associated increases in cost) -Projected ROI range
  • 25. 3. Show your ops counterpart how easy it is FOR THEM to prove the concept
  • 26. 4. Put it all together
  • 27. Executive Summary Problem Statement: The lack of accurate contact data in our CRM has become a major blocker in our ability to grow market share in our velocity business segments - it is unlikely we’ll make our sales targets without improved contactability. Proposed Solution: [VENDOR NAME] offers the ability to import data directly from their databases into our CRM and/or marketing automation systems as well as ensure existing contact data stays accurate via their integration into Salesforce. Justification: We do not currently use such a solution and access to such a tool could greatly boost the effectiveness of the team’s prospecting efforts. Effort required to prove the concept in a pilot looks to be minimal. Additionally, [VENDOR NAME’s] pricing model allows for minimal downside exposure while creating the opportunity for huge ROI. Further analysis available in subsequent slides. Additional Notes: [VENDOR NAME] has recently published a case study with our competitor, [COMPETITOR NAME], and has expressed an openness to doing the same with us in exchange for significant discounts. [VENDOR NAME] meets IT’s requirement of being NIST 800-171 compliant among other certifications.
  • 28. Contactability in Velocity Segments Counts based on number of validated contacts Segment % of accounts with at least 1 contact % of accounts with 2 or 3 contacts % of accounts with more than 3 contacts % of accounts without any contacts # of accounts without any contacts State & Local Gov’t 55% 14% 2% 45% 3735 Mid-Market 59% 12% 4% 39% 3967 Commercial 64% 15% 7% 36% 1819 Enterprise 91% 43% 21% 8% 240 Large Enterprise >99% 63% 31% <1% 8
  • 29. VENDOR NAME Key Capabilities ● Largest Government and SMB contact database in the industry ● Guarantee 90% data accuracy within 6 months ● One-click import into SFDC for reps ● Works with LinkedIn Sales Navigator ● Prevents reps from importing duplicate records
  • 30. Exposure & ROI projections # of accounts without any contacts 9521 Unique, in-segment accounts with at least 1 persona-matching contact in VENDOR NAME data 160k Segment ACV $15k Vendor list price (annual) $24k Minimum required to pilot $6k Contact-to-Closed Deal Conversion rate (broad avg) 1.1% Projected ROI from reduced “0 contacts” Accounts Reduced by 10% Reduced by 25% Number of contacts found at target accounts 952 2380 Number of deals won from new contacts 10 25 Projected bookings $150,000 $375,000 Projected Program ROI 6.25x 15.6x
  • 31. Milestone Client Personnel Wk1 Wk2 Wk3 Wk4 Kickoff Sales Leader, SDR/BDR Leader, Ops Leader Rep List Finalized, Accounts Created Sales & SDR Leader, VENDOR CONTACT OAuth Integration & Field Mapping Salesforce Salesforce Admin Sandbox Testing Complete Operations, SFDC Admin Rep Training Reps, VENDOR CONTACT QA & UAT Ops Go Live (Production) Reps Results “First Look” Sales Leader, SDR Leader Milestones required to prove concept