madkudu techstars accelerate sales with data

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Accelerate your sales with data © 2016 MadKudu Inc. Proprietary and Confidential

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Page 1: MadKudu TechStars Accelerate Sales with Data

Accelerate your sales with data

© 2016 MadKudu Inc. Proprietary and Confidential

Page 2: MadKudu TechStars Accelerate Sales with Data

Francis Brero

● CRO & Co-Founder @MadKudu (Boulder 15)

● Worked with 100+ B2B SaaS companies to improve sales with data science

● Background in Mathematics, Data Science

Page 3: MadKudu TechStars Accelerate Sales with Data

Maths + Sales

How to use your data to accelerate Sales

Page 4: MadKudu TechStars Accelerate Sales with Data

Sri Lanka or TurkeyPoland or South KoreaIreland or United States

Pakistan or VietnamThailand or South Africa

Page 5: MadKudu TechStars Accelerate Sales with Data

Sri Lanka or TurkeyPoland or South KoreaIreland or United States

Pakistan or VietnamThailand or South Africa

Students mean, CI 1.8, 0.4Chimpanzees mean 2.5

Page 6: MadKudu TechStars Accelerate Sales with Data

“The problem is not ignorance, it’s pre-conceived ideas”

Source: Hans Rosling - The best stats you’ve ever seen

Page 7: MadKudu TechStars Accelerate Sales with Data

Company size: 10-50 vs 200-500

Industry: HealthCare vs Software

Business Model: B2B vs B2C

Page 8: MadKudu TechStars Accelerate Sales with Data

Part 1.

Define “Qualified” with DATA!

Page 9: MadKudu TechStars Accelerate Sales with Data

Consistently, sales they are only working ~60% of the

qualified leads...

And spend ~20% of their time working unqualified leads

Page 10: MadKudu TechStars Accelerate Sales with Data

% of revenue by lead quality:

● Good ~85%

● Medium ~15%

● Low <1%

Page 11: MadKudu TechStars Accelerate Sales with Data

1. Extract data from CRMa. Ideally cohort with ~100 conversions

2. Augment the data with demo/firmographicsa. Use 3rd party (FullContact/Clearbit, Virtual

Assistant…)

3. Analyze

Page 12: MadKudu TechStars Accelerate Sales with Data

Company SizeNumber of

leadsLeads

convertedLeads not converted

Conversion Rate

0 Not Available 876 115 7607 13.13%

1 vSMB <10 1588 242 1346 15.24%

2 SMB <100 3854 749 3105 19.43%

3 MidMarket <250 2468 573 1895 23.22%

4 MidMarket <1000 3104 697 2407 22.45%

5 Enterprise >1000 4842 953 3734 19.68%

Page 13: MadKudu TechStars Accelerate Sales with Data
Page 14: MadKudu TechStars Accelerate Sales with Data
Page 15: MadKudu TechStars Accelerate Sales with Data
Page 16: MadKudu TechStars Accelerate Sales with Data

Step 1 - Measure

Analyze your historical conversion rates by segment.

Step 2 - Predict

Apply your learnings to your qualification criteria

Step 3 - Optimize

Use your CRM as a feedback loop

Page 17: MadKudu TechStars Accelerate Sales with Data
Page 18: MadKudu TechStars Accelerate Sales with Data

Intermission Q&A

Page 19: MadKudu TechStars Accelerate Sales with Data

Part 2.

Data Driven Sales Behaviour

Page 20: MadKudu TechStars Accelerate Sales with Data

Goals only exist to drive behavior

Page 21: MadKudu TechStars Accelerate Sales with Data

SLAs define success as a quantifiable metric

Page 22: MadKudu TechStars Accelerate Sales with Data

How many of you consistently reach out to all qualified leads within 24h?

Page 23: MadKudu TechStars Accelerate Sales with Data

Top companies benchmark => 64%

MQL to Opp conversion rate 3.5x greater

Page 24: MadKudu TechStars Accelerate Sales with Data

Marketing: SAL/MQL > 80%

Sales: MQL contacted within 24h > 95%

Sales: MQL contacted 6 times within 28d > 80%

Page 25: MadKudu TechStars Accelerate Sales with Data
Page 26: MadKudu TechStars Accelerate Sales with Data
Page 27: MadKudu TechStars Accelerate Sales with Data

1. Use data to overcome preconception over your ICP

2. Use data to increase leverage in your sales process

Page 28: MadKudu TechStars Accelerate Sales with Data

Thank you!

[email protected]