I recently attended a SiriusDecisions seminar that provided insightful information on the topic of sales and marketing operational alignment. From my perspective, the exchange of information validated that fully integrated marketing services are necessary to support growth strategies for both sales and marketing in all sizes of organizations. I am in agreement with the dialogue that took place at the event around the fact that organizational growth will occur if the future operational changes for sales and marketing departments include alignment in the following areas: 1) Processes, 2) Technology, 3) Data & Analytics and 4) Sales Enablement.
Why is it important to me as a 30-year sales veteran to understand this movement to better align these departments? Four words: “More highly qualified leads.” I consult daily with all size organizations whose sales departments all want what I want. The research delivered at this seminar clearly demonstrated that sales and marketing departments must achieve minimum standards of alignment in order to increase productivity, generate more revenue and improve processes.
Alignment with processes involves discipline, collaborative planning, data standards and governance to analyze, diagnose and improve. Using Televerde as an example for best practices that we implement for ourselves and for clients, we support these processes from beginning to end – starting with lead management SLA’s to our scheduled campaign performance reviews discussing campaign metrics.
Technology alignment must occur through process automation, reporting integration and information access. As an example of this, data integration with our clients’ CRM applications enables them access to real-time sales opportunity information and the ability to measure our performance to deliver high-value sales opportunities directly to their sales team. We also deploy this practice internally for our own sales team. Another relevant example of technology alignment that we use ourselves for clients is lead nurturing which prevents opportunities outside of the “low hanging fruit” category from being left behind for the competition to pick off. The time has come to take some of the nurturing responsibility away from sales through automation of relevant messaging.
How does your company predict, plan and measure? Data & Analytics will reveal valuable information about your marketing and sales opportunities, accounts and sales cycle. Where we have found success in this area is through ongoing research services which have proven to impact our clients’ pricing strategies, territory distribution, sales personnel assessments, and account relationship-mapping. Accurate data is a critical element to support successful sales and marketing efforts, and it’s not just about the data used to implement a marketing campaign; this also must include embedding the business intelligence and other data that results from studying each and every sales opportunity, even those that aren’t ready to buy in the next 30-90 days. We are strong believers that with data comes wisdom, with wisdom comes insight, and insight delivers new possibilities for optimized sales and marketing performance.
Lastly, does your sales team have the proper toolkit to improve their performance month after month, year after year? What Sales Enablement marketing and measurement tools are available? Probably the most meaningful enablement tool is having a strong set of product and solution content that is relevant to a variety of buyers at all stages of the sales cycle – early, mid and late-stage. This is an area I’ve often found to be lacking at many organizations. It’s an opportunity for improvement that can have a tremendous positive impact on sales effectiveness.
I returned from the seminar with validation that sales and marketing alignment is as critical as ever. It’s incumbent upon all sales and marketing professionals to collaborate well in order to close the gaps. When we’re successful at this, we will all benefit from receiving more highly qualified leads.