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TRENDS
Overview
According to Aberdeen Research, successful sales and marketing
alignment can result in a 20% average growth in annual revenue.
Misaligned organizations, on the other hand, can experience an
average 4% decline.1 Other research shows that businesses with
the greatest degree of alignment close 38% more proposals and
lose 36% fewer customers to the competition.2
Organizations that have successfully aligned sales and marketing
work as a group toward a common goal by using technologies and
processes to both generate demand and close business.
Alignment can be difficult to achieve, however. Marketing often
complains that Sales isnt following up on leads, while Sales
complains that Marketing doesnt deliver good leads. For true
alignment, Sales needs to understand that Marketing is not sales
support and, conversely, Marketing needs to understand that
Sales is not just a front line delivery tactic.
Perhaps the greatest obstacle to achieving alignment starts at the
top. CEOs and top-level executives often regard marketing as a
reactive cost center, not a proactive demand creator.
Certainly CEOs and VPs must wear multiple hats, but that can
result in a general focus on internal operations. Shifting to the
proactive, customer-focused viewpoint of todays forward-thinking
marketers, however, should be a top priority.
In addition, CEOs and VPs need to train their senior management
teams to put customers above all else. Innovation, product quality
and lowering costs are all important to meeting planned business
objectives, but marketing and sales alignment comes from a
shared agreement that the overall business goal is to win new
customers and keep existing customers--and all areas of specialty
within the company must work toward this end.
Where to Start
Marketing and sales alignment begins with stakeholder agreement
and shared definitions and recognition of technologys role in
alignment. When marketing and sales agree upon definitions and
use the same tools and technology to generate demand and close
deals, positive results abound.
Stakeholder Agreement and Shared Definitions
A complete and consistent agreement on the definitions and
measurements of success is the foundation for sales and
marketing alignment and will remove a major hurdle in reaching
full revenue potential. As a result of ever-changing environments,
human resources and products/services, its critical for
organizations to revisit these definitions at least twice per year to
ensure consistency.
Though the task is large, interdepartmental agreement of these
definitions--and a restructured compensation plan that reflects
the shared overall goal of winning new business and keeping
existing business--reinforces CEO and top executive commitment
to customer focus and significantly impacts internal thought
processes, behavior and accountability on a daily basis.
Technologys Role in Alignment
Unfortunately, technology companies tend to oversell fix-alls to
marketing departments looking to make fast and easy changes.
Though technology is not the answer, it is a major part of the
solution.
With stakeholder agreement of definitions, companies can move
on to the technological hub that will house this information,
enable sales with powerful selling tools, automate marketing
campaigns, allow for proactive adjustments and ultimately
become a precise financial forecasting system.
Aberdeen Research states 84% of the best in class organizations
empower marketing with access to a CRM tool.3 The quality
of information from a CRM tool, and the lead generation, lead
scoring and lead nurturing capabilities of marketing automation
platform have a significant impact on sales and marketing
alignment.
3 Source: Sales and Marketing Alignment: Collaboration + Cooperation = Peak Performance,
Aberdeen Research, 2010.
marketing strategy
marketing campaign design
development and implementation
sales enablement
lead generation and nurturing
B2B telemarketing and outsourced inside sales