Seven Steps To A Successful Sales And Marketing Strategy In 2018

Posted by Kellie Auman on Dec 12, 2017 11:10:00 AM

This year, in our blog posts, we have taken a look at the past and the future of marketing as it relates to indirect-sales focused organizations.  The short version is outbound 'push' marketing is diminishing, while inbound and visually-based outreach is on the rise.  As we discussed in those blogs, there are simply too many demographic trends and shifts in buyer behavior to ignore, and companies surveyed about their future sales and marketing choices are fairly united in seeing this shift taking place.

In this post, we're going to get a bit more practical.  If you're responsible for managing sales partners or developing marketing initiatives for your indirect-sales program, we have compiled seven key steps to follow in order to improve partner engagement and sales effectiveness in the channel. Let's get started!

Topics: Optimize Your Channel, Inbound Marketing, channel stack

Four Easy Ways To Generate More Leads

Posted by Kellie Auman on Aug 24, 2017 12:40:00 PM

As mentioned in the past, buyer behavior has changed drastically in the last decade or so, and it's forcing channel sales programs to evolve in order to keep up.  The 2016 & 2017 HubSpot State of Inbound report listed sales people as the least relied-upon source of information for making business purchasing decisions. This was true across both geographies and job titles.

This raises some questions: How can you find and leverage the sources that your buyers trust as they make their way through the buying journey?  And for those selling through sales channels, how can you help your channel partners better utilize those sources?

Topics: lead management, Inbound Marketing, Partner Collaboration, Increase Channel Sales, lead generation

Five Takeaways From The 2017 State of Inbound Report

Posted by Kellie Auman on Jul 5, 2017 10:00:51 AM

Recently, we read HubSpot's State of Inbound Report.  Here we have summarized what we feel are the top five takeaways that you should know about!

1.  Inbound is mainstream.

Just a few years ago, inbound marketing was still seen with skepticism.  Now, it’s the norm.  70%+ of respondents around the world said that inbound marketing was now their primary focus, and that they were most concerned with growing\converting leads via Search Engine Optimization.

2.  Paid marketing is increasingly derided.

When asked for the most overrated marketing tactic, the “winner” -by far- was paid offline marketing such as print and broadcast, with 32% of the vote.  A further 11% thought paid online marketing, like social media ads and PPC, was overrated.  By contrast, tactics like blogging and SEO were in the 5-6% range.

Topics: PRM Best Practices, Inbound Marketing, Channel Sales Productivity

How's Your Sales Follow Through?

Posted by Todd Hockenberry on Nov 8, 2016 9:45:00 AM

Anyone can follow up once a sale is made.
"Did you get the product or service?"
"Are you happy with what you received?"
 
Our task managers and calendars can automate this type of low-value follow up contact with a customer. In fact these types of follow up are increasingly being automated because they require no judgment, thought, or expertise and communicate no value whatsoever to the customer.
 
So commit to sales follow through instead of merely following up.

Topics: best practices, Inbound Marketing, changes in buying behavior

Generate Leads By Building Trust

Posted by Seth Jacobsen on Nov 1, 2016 11:15:00 AM

As we've discussed in the past, buyer behavior has changed drastically in the last decade or so, and it's forcing channel sales programs to evolve in order to keep up.  This was brought to light yet again in the 2016 Hubspot State of Inbound report that listed sales people as the least relied-upon source of information for making business purchasing decisions. This was true across both geographies and job titles.

In fact, the only source of information that rivaled sales staff for lack of trust and preference among B2B buyers were crowdsourced review sites!  And that's undoubtedly because most buyers know it's incredibly easy to buy favorable reviews on most crowdsourced sites.  Some have become downright infamous for being propaganda mills.

A key tenet of inbound marketing: stop selling and start helping. But that leaves the problem:  How can you find and leverage the sources that your buyers do trust as they make their way through their self-guided buying journey?  And for those selling through sales channels, how can you help your channel partners better utilize those sources?

Topics: Inbound Marketing, Increase Channel Sales, lead generation

Seven Steps To A Modern Sales and Marketing Strategy for the Channel

Posted by Seth Jacobsen on Oct 27, 2016 10:10:00 AM

In the last couple blogs, we've taken a look at the past and future of marketing as it relates to indirect-sales focused organizations.  The short version is outbound 'push' marketing is out, while inbound and visually-based outreach is in.  As we discussed in those blogs, there are simply too many demographic trends and shifts in buyer behavior to ignore, and companies surveyed about their future sales and marketing choices are fairly united in seeing this shift taking place.

Today, we're going to get a bit more practical.  If you're responsible for managing sales partners or developing marketing initiatives for your indirect-sales program, we have compiled seven key steps to follow.

We have not listed them in any particular order, but we feel they are all important in their ability to help you improve partner engagement and sales effectiveness in the channel.

Topics: Inbound Marketing, digital marketing, channel sales

Out With The Old: Moving Beyond Outdated Channel Marketing

Posted by Seth Jacobsen on Oct 20, 2016 11:10:00 AM

As channel marketing evolves at an increasingly rapid pace, one underlying truth remains:  The sales organizations that remain agile and stay on top of shifts in marketing are going to reap the most rewards.  Those who are unable to adapt, and continue using 20th Century methods, are going to find themselves falling further behind.  This is every bit as true for SMB as it is for global enterprises.

There has never been a more dynamic time in the history of marketing, with more opportunities for companies to adapt and stand out from the competition.

One of the key factors, therefore, is just being able to recognize when older methods are no longer working as they should.  In the next few blogs, we're going to look at some of these changes, and what steps your organization can take to adapt in time and embrace the future.

Topics: Inbound Marketing, Channel Marketing Strategy, channel marketing

Challenges and Solutions In Today's Indirect Sales Environment

Posted by Seth Jacobsen on Oct 11, 2016 8:35:00 AM

If you haven't seen it already, the latest edition of HubSpot's seminal State Of Inbound Marketing Report has been released, and - as always - it's packed full of fascinating facts and insights into both inbound marketing and the overall state of B2B sales and marketing today.  We've been going over the report, and in the weeks to come, we'll be talking about some of its findings while discussing solutions to a number of the challenges it highlights.

One of the key sections of the report covers the most common challenges facing today's sales and marketing executives. As we review several of the key findings from this report, we'll relate some of the best practices we've learned through our years of channel strategy and ways that a PRM-driven technology approach can address these issues.

Topics: prm, Inbound Marketing, prm systems, prm strategy

Is the Sales Process Really 70% Over Before They Call You?

Posted by Todd Hockenberry on Sep 27, 2016 10:20:00 AM

Last week I visited a client  that sells large tube processing equipment to attend their open house with customers from all over the country. They had just launched a new laser cutting line and were showing it off to existing customers and prospects.

A guy walked up to the owner and said 'we looked at a bunch of laser manufacturers and have narrowed it down to 2 companies, you and another. We eliminated 3 others based on features, price and reputation after doing our research. Can we talk about a proposal?'

Topics: best practices, Inbound Marketing, changes in buying behavior

Waste and Inefficiencies in B2B Sales and Industrial Marketing

Posted by Ed Marsh on Sep 22, 2016 8:15:00 AM

 

3 Counterproductive Obsessions

The inbound marketing movement has led to lots of interesting discussion around sales approaches. That's understandable - after all, as buyers have more tools at their disposal to self serve and avoid sales people, it's reasonable that more than marketing needs to change. Foresightful companies are creating a continuum of prospect experience with an inside sales person as the quarterback.

Traditional silos of PR, marketing, field sales & customer service will be melded together into one complimentary revenue growth team. (For more background check out this 10 minute narrated picture book and this presentation on a prospect buying continuum.)

That's a tall order though. Org chart changes have to be CEO driven - and most of the work I see underway in companies is intra vs. inter departmental. In other words, the marketing department recognizes they have to adapt to digital and undertakes to do so. But the sales department, with a different perspective, leadership, and priorities continues down their narrowing path.

That's creating lots of waste and inefficiency - and companies can ill afford either.

While I see many examples of waste, three pervasive obsessions exist. These include:

  • Pipeline
  • Process
  • Checklist 

Topics: Inbound Marketing, b2b, smb

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