how sales & marketing can own the buying experience
TRANSCRIPT
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
How Sales & Marketing Can Own The Buying Experience
Mark Dick, Director ANZ, LinkedIn Sales Solutions
Matt Tindale, Director APACLinkedIn Marketing
Solutions
+ =
BuyersMultiple
Self-servedComplex
NurturingContent led
SocialShared
AlignmentAudience
MotivationsTechnology
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
+152% +451% +900%Click Through Qualified Leads Contact
Rates
A Recent BuyingExperience
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
#ConnectIn16THE CONVERGENCE OF SALES & MARKETING
Re: Enterprise Telesales
Steve, let us help you build an enterprise telesales team.
Mark Marketing 3:14 PM (1 hour ago)to me
REPLY
Re: Enterprise Telesales
Steve, let us help you build an enterprise telesales team.
Mark Marketing 3:14 PM (1 hour ago)to me
REPLY
Re: Enterprise Telesales
Steve, I didn’t hear back from you. I’d love to share a case study about MegaCorp’s enterprise solution.
Mark Marketing 3:19 PM (1 hour ago)to me
REPLY
Re: Enterprise Telesales
Steve, I didn’t hear back from you. I’d love to share a case study about MegaCorp’s enterprise solution.
Mark Marketing 3:19 PM (1 hour ago)to me
REPLY
Re: Enterprise Telesales
“Why SolarSlash uses our products, and why you should too.” I wanted to share another case study on…
Marky Marketingto me
Re: Enterprise Telesales
You’ve got some nerve, Steve. You have no idea how much your enterprise business stands to…
Marky Marketingto me
Re: Enterprise Telesales
Was it something I said? Look, Steve, if I’ve done something wrong here you gotta let me know, before…
Marky Marketingto me
Re: Enterprise Telesales
What are our customers saying? It’s funny you should ask, because I was just preparing a series of case…
Marky Marketing
Re: Enterprise Telesales
You’re making the biggest mistake of your life, Steve. Can’t you see our paths were meant to cross? It’s a…
Marky Marketingto me
Re: Enterprise Telesales
Can we chat this week? I can only imagine how busy you are, but if you could just give me 10 minutes…
Marky Marketingto me
Re: Enterprise Telesales
Just 10 minutes of your time! That’s all I need to show you the incredible enterprise-grade power of our…
Marky Marketingto me
Re: Enterprise Telesales
Is this week better for a chat? I’m available any day of the week, any time. Seriously.
Marky Marketingto me
Re: Enterprise Telesales
Look, it’s not that I’m mad, Steve. I just can’t understand why you’re throwing away an opportunity to…
Marky Marketingto me
Re: Enterprise TelesalesMarky Marketingto me
Re: Enterprise Telesales
Steve, I didn’t hear back from you. I’d love to share a case study about MegaCorp’s enterprise solution.
Marky Marketing
Re: Enterprise Telesales
I think deep down you’re not running from me, Steve, you’re running from yourself. Just let me…
Marky Marketingto me
Sarah SalesCalling…
#ConnectIn16
CallDeclined
#ConnectIn16
Sarah SalesCalling…
#ConnectIn16
(Again)
CallDeclined
#ConnectIn16
Sarah Sales 5:44 PMMissed call
Sarah Sales 5:52 PMMissed call
Sarah Sales 6:01 PMMissed call
Sarah Sales 6:09 PMMissed call
Sarah Sales 6:16 PMMissed call
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Scorecard
CustomerMarketing Sales
#ConnectIn16
$1 TRILLIONWasted productivity cost
U.S. businesses
every year because ofmisalignment.
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
Internet ExperienceBuying Experience
Disposable CommodityIrrelevant and Uncoordinated
Precious ResourcePersonalisation and Trust
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
4X More Likely To Buywhen referred
Customer are
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
YourTESLA
Is BeingBuilt!
The Tesla Buyer’s Journey
Build the car of your dreams
Get personalised status
Join a community
Enjoy door-to-door service
You’re not compared to your competitor’s experience.
You’re compared to every experience ever.
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
Automating a bad experience= Alienation at Massive Scale
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
SendIrrelevant
CustomerCompletes
Form(finally)
Cold Call,No Research
Confused& Annoyed Customer
CustomerAnswers(finally)
Lost Customer & DamagedReputation
No Response
EmailGun
Resend
No Answer
PowerDialer
Redial
Marketing toSales handoff
Don’t forget:“Always Be
Closing”
#ConnectIn16
Marketers
Buyers
Sellers
No Alignment
On Audiences &
Targets
Don’t Understand
The Business
Uncoordinated
Engagement
Marketers
Buyers
Sellers
Marketers
Buyers
Sellers
Alignment on
Audience & Targets
Shared Buyer Understandin
g
Coordinated Engagement
#ConnectIn16
Alignment on Audience
Coordinated Engagement
Shared Buyer Understanding
Requirements
ChallengesNeeds
Buying Stages
Buying Committee
Decision MakersInfluencers
Marketing nurture
Sales nurture
#ConnectIn16
The power of alignment:
38% more customers
36% lower churn
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
.11%Response
Rate
.73%Conversion
Rate
$17KAverage
Sales Price
6:1Revenue vs. Cost$3.6K
Sales + Mkt Cost
Alignment Increases Revenue Productivity
.1%Response
Rate
.67%Conversion
Rate
$15KAverage
Sales Price
$4KSales + Mkt Cost
4:1Revenue vs. Cost
Reve
nue
Prod
uctiv
ity +
50%
×× ÷ =
Great buying experiences aren’t created by connecting systems.
How can LinkedIn help?
They’re created by connecting people.
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
433MProfessionals on
Interest + Intent
Professional Identity
Learning New Skills
Following Influencers
Getting Peer Recomm-endations
Publishing and
Engaging with Content
Getting Expert Advice
#ConnectIn16
Shared Understandin
g of Buyer
Alignment and Targeting of Audience
Coordinated Engagement
#ConnectIn16
Shared Understanding, Targeting & Coordinated Engagement
Interest-Based DataField of StudyGroup MembershipsPeople FollowedPosts and Comments
Professional DataCompanyFunctionIndustryGeo
Content Engagement
Relevant ThemesLevel of DetailOptimal Delivery Method
Persona DataOpinion
LeaderMass AffluentRoad Warrior #ConnectIn16
Marketing- Owned
• Your Company Page
• Showcase Pages
• Long-form posts
• Influencers
Marketing- Paid • Sponsored Content
• Sponsored Inmail
• Display Ads
• Dynamic Ads
Sales• Team Link (Warm Intros)
• Personalised InMail
• Elevate (Serialised Content)
• Personal Profile
• Lead Recommendations
Coordinated EngagementEngagement Building Blocks
#ConnectIn16
Brand Alignment + Coordinated Engagement
#ConnectIn16
SharedThemes
SharedContent
$
Buyer engages
with sponsored content…
…downloads an Ebook
…Buyer receives a Sponsored
InMail
Sales person is prompted
to follow
Sales person introduced via mutual
friend
Sales person shares
relevant content
created by marketing
Sales person sends
personalised “InMail”
#ConnectIn16
Sales person saves as
lead, researches
$
Microsoft Taps The Power ofLinkedIn Marketing and Sales
433MProfessionals
are on LinkedInDi
spla
y Ad
Spon
sore
d Up
date
Elev
ate
(Con
tent
Sh
are)
Com
pany
Pag
e
Slid
e Sh
are
War
m In
tro
Pers
onal
ised
InM
ail
#ConnectIn16
1.7x 2.5BMore opportunities
createdRevenue
Influenced
Microsoft Taps The Power ofLinkedIn Marketing and Sales
29%Deals
influenced
#ConnectIn16THE CONVERGENCE OF SALES & MARKETING
Do Your Sales & Marketing Teams Own The Buying Experience
• Ask yourself three questions
• Find the source of the problem
• Let us help
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16
THE CONVERGENCE OF SALES & MARKETING #ConnectIn16