rise of the revenue marketer
DESCRIPTION
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.TRANSCRIPT
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
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.
04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 3
A Shared Approach To Revenue Generation
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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”
04/08/23 [email protected] | 770-331-4443 | The Pedowitz Group ©2010 5
Sales & Marketing Stretching
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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
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The Journey The Buyer is in Control Definitions &
Characteristics The Revenue Marketing
Team Meet Some Revenue
Marketers Q & A
Agenda
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“Debbie, what are you going to do about revenue?”
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The Buyer is in Control
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What can the BMW Revenue Marketer do?
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• Check our financing options page• Search for a local BMW dealer
Now….my online behavior language changes.
Change in Online Behavior
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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
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New Role for Marketing
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Enhancing Lead Gen is #1
CSO Insights Study
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Sales Rates Marketing on Lead Generation..and the score is not good!
63% “Needs Improvement”
CSO Insights Study
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The Rise of the Revenue Marketer
1. Leverages
2. Deploys
3. Builds
4. Contributes
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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
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Meet The Revenue Marketing Team!
• VP of Marketing Revenue• Business Analyst• Power User/Marketing
Technologist• Revenue Focused Creative• Revenue Focused Content
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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
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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.
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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
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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
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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
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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
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What are you going to do about revenue?
So…
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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
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Debbie Qaqish
Chief Revenue Officer
The Pedowitz Group
July 15th 2010
The Rise of the Revenue Marketer TM
Questions?