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B2B Monday Myth: Sales and Marketing Teams Are Born Adversaries

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Sales and Marketing Collaboration

The Myth: Sales and Marketing Are Born Adversaries

The Truth: Sales and Marketing Collaboration Leads to Higher Revenue

The Problem

Within many B2B companies there is a both sales team and a marketing team. But what you will rarely find is sales and marketing in a healthy relationship that ensures mutual success.

Why is this?

From the marketer’s perspective, their number one priority is to generate leads. They are the professionals when it comes to creating a campaign. Leads only get handed over to sales once they enter the buying process.

On the other hand, salespeople sometimes think that marketers are too far removed from customers and the business. How could they understand what’s involved in closing a deal?

Assumptions and doubt from both teams don’t help anyone. Often, one group thinks they could do a better job than the other.  Add in different tactics, different mindsets, and varying timeframes, and you’re in trouble. What results is a relationship characterized by tolerance at best, and sales and marketing collaboration is not a priority.

What should happen instead?

The responsibilities within the buying process are often presented as a “funnel.” The very top and widest part of the funnel is buyer awareness, and the narrowest part at the bottom is the actual purchase. A marketing team focuses on top half of the funnel, identifying customer segments. They develop the branding and outreach that will resonate with these customers. Then, they circulate materials across relevant channels to get this message across. Responsibility stays with marketing through the “interest” phase of a customer’s process. Once a customer moves into “consideration” or “intent,” they get handed off to sales. At this point, the salespeople are entirely in charge of making a transaction happen.

The line where marketing efforts end and sales begin varies from company to company and is sometimes a little blurry. It’s clear that both teams integrate simply by the nature of their work. They both work to convert a lead into a sale, and some level of collaboration is necessary to make this handoff seamless.

But the key is that not only does the integration of sales and marketing need to be acknowledged. It needs to be capitalized on. If sales and marketing efforts are completely aligned, your company can improve sales substantially. In fact, the Digital Marketing Institute reported that sales and marketing collaboration potentially generate 208% more marketing revenue for a company and 36% higher customer retention.

So how can this be accomplished?

 There are several steps you can take to ensure your marketing and sales efforts are aligned.

  1. Bridge the communication gap: It sounds cliche, but in this case, communication really is key. If sales and marketing aren’t communicating frequently and efficiently, valuable leads can get lost in translation. On the other hand, constant contact will ensure that both teams are up-to-date on what the other is doing. No one is left in the dark. It can also help each side to hold the other accountable for producing and accomplishing what they should, and making sure they report it correctly.
  2. Collaborate and socialize: In order to eliminate some of the negative assumptions sales has about marketing, or vice versa, it helps if both teams get to know each other. This doesn’t mean everyone has to become good friends, but genuine face-to-face conversations can create more authentic relationships and a better understanding of what everyone’s role is.
  3. Create uniformity: There are few things more effective than a consistent message. If sales and marketing are able to synchronize, their combined efforts will be much more powerful than either would be on its own.  This may actually mean that some things cross over between the two groups. For example, marketing can adopt some of the quantitative metrics used by sales, and sales in return can use some of the more qualitative marketing techniques when it comes to retaining customers.

Sales and Marketing Collaboration – Mutual Success is Possible

You ultimately may not be able to eliminate all of the tension between your sales and marketing teams. Any two groups within an organization who operate under different strategies and perspectives are naturally going to butt heads every once in a while. But following these tips can help you begin to bridge the gap between two teams who are executing very important work for your company’s main goal.

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B2B Monday Myth: When Sales Are Down, a Quick Fix Is the Answer

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B2B marketing strategy

The Myth: A Quick-Fix Marketing Campaign Is Necessary When Sales Numbers Are Down.

The Truth: A Slow-Burn B2B Marketing Strategy Will Foster ROI in the Long-Term.

Imagine: it’s Q2, and you look at the numbers. And the numbers aren’t looking good. If you end the year like this, it is bad news. Panicked, you call your marketing department, and give them this message: Do whatever you can, right now, to get my sales numbers up.

And Marketing executes a last-ditch, quick approach to try to get your company back on track. It may even yield good results. In the short term.

But the truth is, if you implemented long-term marketing strategy in Q1, you should expect a slow burn instead of an immediate increase in ROI. Especially with marketing plans that rely heavily on content marketing. If you put your time into a quick execution to boost immediate numbers, you’re wasting it. Instead, you should spend that time working toward larger, long-term successes.

There are several elements that take time to develop – many that require testing – in order to be done well. So you have to ask: what are the steps for implementing a successful long-term B2B marketing strategy?

Step 1: Know Your Goals and Objectives

The purpose of your campaign is to increase ROI over the long haul, not just in the immediate future. Converting leads right now will increase your sales in the short term, but long-term thinking will set the wheels in motion for greater successes year after year. Outside of sales, what are you looking for? Know exactly what you want to achieve from your campaign. You cannot expect to implement this strategy in a day and have leads knocking the door down. Brainstorm how you can sustain this campaign in the over one year, two years, three. And remember, a lot of your strategy will hinge on building relationships over time. Continuous engagement with your brand puts you on a steadier path to conversion.

If you are a bigger company, it might benefit you to take a step back and look at the bigger picture for your marketing strategy. Reworking your brand may be the key to sustaining leads for longer.

Step 2: Do Your Research

Your strategy will be useless if you haven’t taken the time to do proper research on your target audience and how your message will be best conveyed. Utilize market research initiatives to find out more abut who you plan to target, what they want, where they are in terms of the sales funnel, what messages resonate with them, and their preferred media and marketing channels. By doing the research, you will be putting the right message in front of the right people at the right time.

Step 3: Implement, Evaluate, and Fine-Tune

Your slow-burn campaign will be a long-term commitment, meaning the creation of a pipeline with organized divisions of labor and clear deadlines is vital to staying on track. When implementing a long-term strategy, you want to make sure it is as effective as possible. That’s why it’s important not to underestimate the value of keyword evaluation, website analytics, and A/B testing. Note that sales are far from the only KPI (key performance indicator). It’s important to align your KPIs with the goals you set in Step 1. If you’re measuring the wrong thing, it may become an obstacle rather than a boon. You may also need to accept that not all measures of success can be supported by hard data.

Taking the time to create a strategy, research your target audience, and detailed evaluation may seem like a lot of work. But it’s worth it in the long run. While you may not see an immediate increase in sales, these steps will ultimately foster long-term success that all company stakeholders will benefit from in the end.

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A Letter to Santa from Joe Manufacturing, CEO

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b2b needs 2017Dear Santa,

I’ve been pretty good this year, right? We’ll probably give out some bonuses. We were in the black, not the red. So that’s good. I’m grateful for everything I got in 2016.

So can you make sure that 2017 is even better? I mean, I don’t want to push it. You never know what the year can bring, but if you have any pull up there in the North Pole, I have a list of a few things I’d like to see “under my tree.”

  • Love. I’d like to see a little bit of love between my Marketing and Sales Departments. If you can pull that off, there is no one on earth that would doubt your existence.
  • Creativity. Not just in the marketing department, but in every department. I want to see creative thinking from everyone who walks into my office.
  • Trade Show Advice. This year was better than the year before, but I want 2017 to be the best year we have at trade shows, even if it means cutting a few.
  • Insights. Particularly on which opportunity markets are worth pursuing. And which ones to forget about.
  • Leads. A giant bag of leads would be most appreciated.
  • Good Tidings. Preferably in the form of a good report from Mary in Accounting.

Can you fit all that on your sleigh this year? If you can, I’ll have some cookies and milk waiting for you in the conference room.

Yours Truly,

Joe Manufacturing

CEO, Acme Widgets

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