rise of the revenue marketer

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06/06/22 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 1 Debbie Qaqish Chief Revenue Officer The Pedowitz Group July 15 th 2010 The Rise of the Revenue Marketer TM

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Presented to over 1500 registrants for the American Marketing Association, this presentation explains the changing role of the traditional B2B marketer into the revenue-focused marketer.

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Page 1: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 1

Debbie Qaqish

Chief Revenue Officer

The Pedowitz Group

July 15th 2010

The Rise of the Revenue Marketer TM

Page 2: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 2

Andrew Gaffney - Editor at DemandGen, Gaffney is specialized in custom publishing, performance-based marketing, measurement and demand generation. His clients have ranged from start-ups to Fortune 500 in technology, retail and online media.

About the Speakers

Debbie Qaqish – Chief Revenue Officer and Principal at The Pedowitz Group, is a recognized thought leader in the Demand Generation industry with over 6 years experience in using marketing automation and 30 years experience in sales and marketing. Debbie has helped hundred of companies meet their demand generation goals.

Page 3: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 3

A Shared Approach To Revenue Generation

Page 4: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 4

Benefits of a Shared Revenue Cycle

1) Lower customer acquisition costs—More effective marketing programs/efficient sales

2) Reduced wasteful spending—Cut back on cold calling, direct mail, costly lead tactics

3) More predictability in sales forecasts—Lead qualification = repeatable, predictable processes

4) Greater pipeline stability—Sales teams able to avoid the “feast or famine”

Page 5: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 5

Sales & Marketing Stretching

Page 6: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 6

Next Gen – Demand Gen

• Marketing’s role evolving beyond the top of the funnel

• Greater need for and emphasis on lead nurturing and lead acceleration

Page 7: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 7

The Journey The Buyer is in Control Definitions &

Characteristics The Revenue Marketing

Team Meet Some Revenue

Marketers Q & A

Agenda

Page 8: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 8

“Debbie, what are you going to do about revenue?”

Page 9: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 9

The Buyer is in Control

Page 10: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 10

Page 11: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 11

What can the BMW Revenue Marketer do?

Page 12: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 12

• Check our financing options page• Search for a local BMW dealer

Now….my online behavior language changes.

Change in Online Behavior

Page 13: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 13

Page 14: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 14

Page 15: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 15

Options provided by The BMW Revenue Marketer

Send an automatic email to the prospect with a list of financing options and an invitation to talk to a dealer

Send an alert to the closest dealer with:• Name, phone, email address of prospect• History of online behavior

• Interested in a white 2010 pre-certified Z4• Dealer can call immediately or send an email

introduction

Page 16: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 16

New Role for Marketing

Page 17: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 17

Enhancing Lead Gen is #1

CSO Insights Study

Page 18: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 18

Sales Rates Marketing on Lead Generation..and the score is not good!

63% “Needs Improvement”

CSO Insights Study

Page 19: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 19

The Rise of the Revenue Marketer

1. Leverages

2. Deploys

3. Builds

4. Contributes

Page 20: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 20

Focused on rev impact Run by the numbers Integrated with sales Fully leverages

technology A seat at the table New team and new skills

Characteristics of a Revenue Marketing Practice

Page 21: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 21

Meet The Revenue Marketing Team!

• VP of Marketing Revenue• Business Analyst• Power User/Marketing

Technologist• Revenue Focused Creative• Revenue Focused Content

Page 22: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 22

Meet the VP of Marketing Revenue!

Role Description• Strategic role for Demand

Generation• “Sounds” like a VP of Sales• Manages a lead funnel and

is focused on revenue results

• Envisions effective campaigns – all elements

• All campaigns are about pipeline and revenue impact

Skills & Experience

• Communication• Teamwork• Execution• Revenue results focused

including to areas he/she does not have direct responsibility

• Sales, sales ops, finance• Not typically agency,

product or creative • Often hired

Page 23: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 23

Meet the Business Analyst!

Role Description• Metrics are now a part of

your life• What you measure changes

over time• Efficiency Metrics to Revenue

Metrics• Lots of experimentation,

numbers do not lie• Constantly reviewing

Skills & Experience• Analytical

• Communication

• Experimentation

• Successful prior experience includes in using technology to translate business analytics and suggestions for change. Google analytics, CRM, etc.

Page 24: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 24

Meet the Marketing Technologist!

Role Description• Power User• Sets up and executes

campaigns• Continuously learning how

to more effectively leverage the technology to meet the business needs

Skills & Experience• Application friendly

• HTML

• Web understanding

• Detail oriented/Logic

• Successful prior experience includes CRM, web, HTML, picks up apps quickly

Page 25: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 25

Meet the Creative & Content Team!

Role Description

• Create the creative/copy for:• Emails• Landing pages• Hypersites• Web

• Content is King• Yours, 3rd Party• Small exchange of

value

Skills & Experience

• Creative• HTML• Content for Web 2.0• Creative focused on creating a

response, a next step, a conversion, a multi-step digital relationship.

• Content in snippets and content that invites behavior

Page 26: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 26

Email Service Provider• The Buy Cycle– Increase in

conversions to opportunity by 15%

– Reduction in time to convert by 30 days

– 37% click through rates

• Sally runs the Inside Sales Team

Meet Three Revenue Marketers

• Achieved 100% ROI in 3 months

• Increased number of sales-ready leads by 400%

• Reduced campaign management burden by 80%

• Increased free trials volume and conversion rate by 10-15%

• Increased email open and click-through rates by 10%

• Improved web site content and landing page quality

Page 27: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 27

Meet Revenue Marketers

Join us on Thursdays at 2 PM EST via Blog Talk Radio:

Listen to real stories from real Revenue Marketers with the Revenue Marketer Blog Talk Radio Series

Page 28: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 28

What are you going to do about revenue?

So…

Page 29: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 29

1. Get real

2. Establish revenue goals

3. You don’t know what you don’t know

4. Talk to other Revenue Marketers

5. How do you eat an elephant?

Your Next Steps

Page 30: Rise of the Revenue Marketer

04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 30

Debbie Qaqish

Chief Revenue Officer

The Pedowitz Group

July 15th 2010

The Rise of the Revenue Marketer TM

Questions?