Where does marketing fit in a Sales-led organization? Join Mary Keough and Taylor Wells as they discuss the specific challenges & opportunities Mary's industry experiences as it relates to marketing, sales, and overall growth goals. You'll walk away with actionable insights for how to grow your B2B business in a sales-led or professional service organization.
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Mary Keough Linkedin: https://www.linkedin.com/in/mary-keough-437824a2/
Summarized by ChatGPT
Sales-led organizations are common in various industries, especially in B2B industries, where sales is the primary driver of business strategy and the main source of revenue. In such organizations, the sales team takes the lead in setting business objectives and marketing goals. However, this approach presents unique challenges for B2B marketing professionals. In this blog, we will discuss the unique aspects of marketing in a sales-led organization and how to overcome these challenges.
One of the key aspects of sales-led organizations is that the sales team is responsible for the full lifecycle of the customer, from prospecting to closing the sale to managing the account. This means that there is no separate customer success team to ensure customer satisfaction and retention. As a result, the account manager needs to build long-term relationships with customers and retain their business. Moreover, sales team members are often incentivized with commissions, which can create a culture of individualism and make it challenging to encourage new business growth.
Marketing in a sales-led organization needs to be closely aligned with the sales team and business objectives. The marketing message needs to be clear and concise, focused on generating qualified leads and driving sales. To do this, the marketing team needs to understand the ideal customer profile (ICP) and devise strategies to attract their attention. In addition, marketing needs to work closely with the sales team to ensure that everyone is on the same page. The marketing message needs to be aligned with the sales strategy, and marketing initiatives need to be designed to support the sales team's efforts. Marketing also needs to track key metrics such as pipeline revenue and customer acquisition costs to measure success.
In a sales-led organization, the metrics used to evaluate success differ from those used for recurring revenue. Metrics such as pipeline revenue and customer acquisition costs are essential in measuring the effectiveness of marketing initiatives. Many sales-led organizations are heavy professional service & consumption-based revenue models and don't have the margins to invest in marketing without clear returns.
In conclusion, marketing in a sales-led organization presents unique challenges for B2B marketing professionals. Understanding the sales team's role and the unique aspects of the organization is critical to developing effective marketing strategies. Marketing needs to work closely with the sales team, align the messaging with the sales strategy, and focus on generating qualified leads, driving sales, and retaining customers. By doing so, marketing can help drive growth and success in sales-led organizations.
Senior Marketing Strategist
Mary is a Senior Marketing Strategist at Gorilla 76. Before this, Mary helped a leading water tech manufacturer earn leads by repositioning the B2B customer at the front of their strategy. Her relevant work experience has enabled her to design marketing plans that circumvent problems faster and exceed measurable expectations. In a digital world, Mary’s proven approach helps industrial and manufacturing businesses stay ahead.
Founder & Host @ GTM.news
Taylor has lived and breathed B2B marketing & go-to-market strategies for over 10 years at boot-scrapped & growth stage businesses. He thrives on building amazing customers experiences through what he calls the Selfless Advantage. This approach is an unconditional approach to marketing that helps people & positions your business as the obvious choice. He is the Founder & CEO of Potential Opportunity.