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How to Achieve Predictable, Scalable
Revenue Growth

AA-ISP Boston
December 1st, 2011



             Mark Roberge
             HubSpot
             @markroberge
My mission as a sales executive



     MISSION
     Predictable, scalable revenue growth


     STRATEGY
     If I can…
      Provide each sales person with the same quantity and quality of leads
      Ensure sales people work the leads using the same process
      Hire the same type of successful sales person
      Train each sales person in the same way

     …then I will achieve my goal.


2 @markroberge
#1. Provide each sales person with the
  same quantity and quality of leads
Use Science Not Gut to Determine Sales-Ready Leads




  * Data has been altered from actual HubSpot data for the purposes of this presentation   4
Which prospect behaviors are most influential?



                                                   Requested a Demo
      What behaviors                               Downloaded BP White Paper

      are most                                     Subscribed to Company Blog


      influential in
                                                   Visited Pricing Page

                                                   Mentioned company on Twitter
      converting                                   Downloaded Mobile App

      prospects into                               Visited CEO Bio Page

      customers?                                   Called Support

                                                   Mentioned competitor on Twitter

                                                   Submitted “Contact Us” Form

                                                   Visited Success page
                                                   Subscribed to eNewsletter
                                                   Fan company Facebook Page
                                                   Downloaded ISO Webinar
                                                   Visited Awards Page


* Data has been altered from actual HubSpot data
for the purposes of this presentation

 5 @markroberge
How does each behavior influence sales cycle?




       * Data has been altered from actual HubSpot data for the purposes of this presentation   6
Hold Marketing Accountable to Lead Quality and Quantity




                                                                                                Create points goal

                                                                                                Hold Marketing
                                                                                                 accountable daily




      • MTD Rejected New Lead Rate (target < 5%): 4.6%
      • MTD 7 Day Lead to Opportunity Conv (target > 33%): 44%
      • MTD % Leads from B2B >1K employees (target > 20%): 23%
7     * Data has been altered from actual HubSpot data for the purposes of this presentation
Do you want to be “targeted” or “educated”?

                 OUTBOUND              INBOUND
                        800-555-1234
                        Annoying
                        Salesperson




8 @markroberge
Maximize lead flow from inbound channels




               Source: survey of hundreds of businesses: HubSpot.com/ROI
Avoid reliance on spamming your leads database




10 @markroberge   http://www.hubspot.com/the-science-of-email-marketing/
Inbound Lead Generation Idea


          Repurpose webinar content into
          blog articles and tweets




11 @markroberge
Inbound Lead Generation Idea


          Repurpose survey results into
          blog articles and tweets




12 @markroberge
Inbound Lead Generation Idea




    Blog articles, eBooks, etc. written by professionals

    $15 - $20 per blog article

    7,800 writers, 3,900 buyers, 170,000 titles purchased
Reading List Suggestion

                           Inbound Marketing:
                          Get Found using Google,
                          Social Media and Blogs


                          Top 5 Web Marketing
                            Book on Amazon

                          InboundBook.com
14 @markroberge
Action Items


    1. Use Science to define your
       sales ready leads. Hold
       marketing accountable

    2. Maximize percentage of
       inbound marketing leads

    3. Develop your “publishing”
       muscle

15 @markroberge
#2. Ensure sales people work the
 leads using the same process
Define your process to establish common terminology

         Bad Lead
                                    1. RESEARCH
                              Prepare for the sales process
     Too Big       No Fit
      Queue        Queue


    Marketing        Int’l           2. PROSPECT




                                                               LEAD
     Queue          Queue
                                     Get to a connect

                 Unable to
                  Qualify
                                     3. CONNECT
                                Schedule the assessment


                Unqualified
                                 4. QUALIFY/DISCOVER
                              Determine worthiness for demo




                                                               OPPORTUNITY
                Closed Lost
                                          5. DEMO
                                Illustrate value of software


                Closed Lost
                               6. OBJECTIONS & CLOSE
                                  Sign up new customer
Implement a metrics-driven sales culture




                                                                                            Each Color
                                                                                           Represents a
                                                                                             Different
                                                                                            Sales Rep


  * Data has been altered from actual HubSpot data for the purposes of this presentation
3.11

 “Peal Back the Onion” on weak areas

                                                                  Lead-Worked-to-Connect Ratio




                                                                      Connect-to-Demo Ratio




       * Data has been altered from actual HubSpot data for the
       purposes of this presentation
Use Science, Not Gut, to Find Optimal Attempts per Lead

                      8


                      6
         LTV / COCA




                      4


                      2


                      0
                           1             3              5             7             9       11      13
                                                               Attempt #
                          All Leads                          1-10 employees                 11-25 employees
                          26-50 employees                    51+ employees

   * Data has been altered from actual HubSpot data for the purposes of this presentation
Hold Sales Accountable to the Behavior You Want




                                          * Data has been altered from
                                          actual HubSpot data for the
                                          purposes of this presentation




21
Action Items



    1. Implement a metrics-driven
       sales culture

    2. Use Science to define your
       sales process. Hold sales
       accountable daily




22 @markroberge
#3. Hire the same type of
 successful sales person
Understand key characteristics for your sales context




     * Data has been altered from actual HubSpot data for the purposes of this presentation


24 @markroberge
Build process around these characteristics




25 @markroberge
#4. Train sales people in the same way
Train your sales people in the same way


   What I saw at many companies
             Shadow a senior sales rep for 1 month
             Read a 2 page sales manual




   HubSpot approach
             Define sales playbook (unique value proposition, target customer,
              competition, common objections, product information, etc.)
             Train sales people as consultants or experts. Give them hands on
              experience if possible.
             Use exams and certification programs.



27 @markroberge
What is HubSpot?
Complicated & Confusing    Easy & Integrated
New Strategic Investment




                           $32M
QUESTIONS
Mark Roberge
VP of Sales, HubSpot
@markroberge

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2011 12-01 how to achieve predictable scalable revenue growth v1

  • 1. How to Achieve Predictable, Scalable Revenue Growth AA-ISP Boston December 1st, 2011 Mark Roberge HubSpot @markroberge
  • 2. My mission as a sales executive MISSION Predictable, scalable revenue growth STRATEGY If I can…  Provide each sales person with the same quantity and quality of leads  Ensure sales people work the leads using the same process  Hire the same type of successful sales person  Train each sales person in the same way …then I will achieve my goal. 2 @markroberge
  • 3. #1. Provide each sales person with the same quantity and quality of leads
  • 4. Use Science Not Gut to Determine Sales-Ready Leads * Data has been altered from actual HubSpot data for the purposes of this presentation 4
  • 5. Which prospect behaviors are most influential? Requested a Demo What behaviors Downloaded BP White Paper are most Subscribed to Company Blog influential in Visited Pricing Page Mentioned company on Twitter converting Downloaded Mobile App prospects into Visited CEO Bio Page customers? Called Support Mentioned competitor on Twitter Submitted “Contact Us” Form Visited Success page Subscribed to eNewsletter Fan company Facebook Page Downloaded ISO Webinar Visited Awards Page * Data has been altered from actual HubSpot data for the purposes of this presentation 5 @markroberge
  • 6. How does each behavior influence sales cycle? * Data has been altered from actual HubSpot data for the purposes of this presentation 6
  • 7. Hold Marketing Accountable to Lead Quality and Quantity  Create points goal  Hold Marketing accountable daily • MTD Rejected New Lead Rate (target < 5%): 4.6% • MTD 7 Day Lead to Opportunity Conv (target > 33%): 44% • MTD % Leads from B2B >1K employees (target > 20%): 23% 7 * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 8. Do you want to be “targeted” or “educated”? OUTBOUND INBOUND 800-555-1234 Annoying Salesperson 8 @markroberge
  • 9. Maximize lead flow from inbound channels Source: survey of hundreds of businesses: HubSpot.com/ROI
  • 10. Avoid reliance on spamming your leads database 10 @markroberge http://www.hubspot.com/the-science-of-email-marketing/
  • 11. Inbound Lead Generation Idea Repurpose webinar content into blog articles and tweets 11 @markroberge
  • 12. Inbound Lead Generation Idea Repurpose survey results into blog articles and tweets 12 @markroberge
  • 13. Inbound Lead Generation Idea  Blog articles, eBooks, etc. written by professionals  $15 - $20 per blog article  7,800 writers, 3,900 buyers, 170,000 titles purchased
  • 14. Reading List Suggestion Inbound Marketing: Get Found using Google, Social Media and Blogs Top 5 Web Marketing Book on Amazon InboundBook.com 14 @markroberge
  • 15. Action Items 1. Use Science to define your sales ready leads. Hold marketing accountable 2. Maximize percentage of inbound marketing leads 3. Develop your “publishing” muscle 15 @markroberge
  • 16. #2. Ensure sales people work the leads using the same process
  • 17. Define your process to establish common terminology Bad Lead 1. RESEARCH Prepare for the sales process Too Big No Fit Queue Queue Marketing Int’l 2. PROSPECT LEAD Queue Queue Get to a connect Unable to Qualify 3. CONNECT Schedule the assessment Unqualified 4. QUALIFY/DISCOVER Determine worthiness for demo OPPORTUNITY Closed Lost 5. DEMO Illustrate value of software Closed Lost 6. OBJECTIONS & CLOSE Sign up new customer
  • 18. Implement a metrics-driven sales culture Each Color Represents a Different Sales Rep * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 19. 3.11 “Peal Back the Onion” on weak areas Lead-Worked-to-Connect Ratio Connect-to-Demo Ratio * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 20. Use Science, Not Gut, to Find Optimal Attempts per Lead 8 6 LTV / COCA 4 2 0 1 3 5 7 9 11 13 Attempt # All Leads 1-10 employees 11-25 employees 26-50 employees 51+ employees * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 21. Hold Sales Accountable to the Behavior You Want * Data has been altered from actual HubSpot data for the purposes of this presentation 21
  • 22. Action Items 1. Implement a metrics-driven sales culture 2. Use Science to define your sales process. Hold sales accountable daily 22 @markroberge
  • 23. #3. Hire the same type of successful sales person
  • 24. Understand key characteristics for your sales context * Data has been altered from actual HubSpot data for the purposes of this presentation 24 @markroberge
  • 25. Build process around these characteristics 25 @markroberge
  • 26. #4. Train sales people in the same way
  • 27. Train your sales people in the same way  What I saw at many companies  Shadow a senior sales rep for 1 month  Read a 2 page sales manual  HubSpot approach  Define sales playbook (unique value proposition, target customer, competition, common objections, product information, etc.)  Train sales people as consultants or experts. Give them hands on experience if possible.  Use exams and certification programs. 27 @markroberge
  • 28. What is HubSpot? Complicated & Confusing Easy & Integrated
  • 30.
  • 31. QUESTIONS Mark Roberge VP of Sales, HubSpot @markroberge