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Modern Sales & Marketing Best Practices
       Sales 4 Startups – San Francisco


       Mark Roberge
       SVP of Sales and Services, HubSpot
       @markroberge
My mission as a sales executive

MISSION
Predictable, scalable revenue growth

STRATEGY
If I can…
1. Hire the same type of successful sales person
2. Train the sales people in the same way
3. Provide each sales person with the same quantity and quality of leads
4. Have the sales people work the leads using the same process
5. Develop leaders to execute the process

…then I will achieve my goal.
#1: Hire the same type of successful
            sales person
Define, Score, and Analyze Criteria




4 @markroberge
Define an interview scorecard




5 @markroberge
Probable success criteria/Interview questions
1. Intelligent
     a)    [Ask technical questions about the product they sell today]
     b)    [Teach them about your product and ask them to sell it back]
2. Work ethic
     a)    How did you prepare for this interview? How many hours?
     b)    Tell me about a typical work week?
3. Prior success
     a)    How many sales peers are at your current employer? Where do you rank? Why did you
           rank that high? Why did the top rep out-perform you?
4. Coachable
     a)    Have them role play selling you your product. Tell them what they did well and what they
           need to do better. Show them. Ask them to try it again.



6 @markroberge
How do you find good sales people?
  Does not work
            Monster.com, Craigslist, etc.

  Might work
            Agencies, recruiters

  Works
            Networking at events and online
            Passive recruiting on LinkedIn
            Referrals
            Taking meetings with sales people


7 @markroberge
#2: Train your sales people in the
            same way
#2: Train your sales people in the same way
 What I see 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.
 9 @markroberge
#3: Provide sales people with the
same quantity and quality of leads
The Marketing SLA
            Owner Ollie Leads                                                      Marketing Mary Leads
               (1-100 Employees)                                                        (100-2,000 Employees)
         Lead Type                      Lead Value                                 Lead Type              Lead Value
          Webinar                         $.07                                      Webinar                 $.35
           eBook                          $.05                                          eBook               $.45
         Free Trial                       $.45                                      Free Trial              $2.10
      Demo Request                        $.95                                   Demo Request               $2.75


                                                       Enterprise Erin Leads
                                                           (2,000+ Employees)
                                                      Lead Type            Lead Value
                                                       Webinar                  $.85
                                                        eBook                   $1.00
* Data has been altered from actual                    Free Trial               $4.25
HubSpot data for the purposes of this
presentation                                         Demo Request               $6.10
The Sales SLA

               LTV / COCA




                                                                      Attempt #
                                                                     Ollie Leads         Mary Leads
                                Erin Leads
* Data has been altered from actual HubSpot data for the purposes of this presentation
Daily Accountability for Marketing & Sales




* Data has been altered from actual HubSpot data for the purposes of this presentation
Modern Lead Generation: Inbound Marketing
              Blog   SEO     Social Media




14 @markroberge
Create Your Content Engine
Create Your Content Calendar

       1
eBook w/ LP / Month
Create Your Content Calendar

       1
eBook w/ LP / Month


      4
Blog Posts / Month
Create Your Content Calendar

       1
eBook w/ LP / Month


      4
 Blog Posts / Month

      8
  FB Posts / Month
Create Your Content Calendar

       1
eBook w/ LP / Month

      4
 Blog Posts / Month

      8
   FB Posts / Month

      16
     Tweets / month
Create Your Content Calendar

       1
eBook w/ LP / Month

      4
 Blog Posts / Month

      8
  FB Posts / month

      16
     Tweets / month
#4: Have sales people work the
 leads with the same process
Implement a Sales Process
      Bad Lead                      1. RESEARCH
 Too Big      No Fit         Prepare for the sales process
 Queue        Queue

Marketing         Int’l             2. PROSPECT
 Queue           Queue
                                   Get to a connect




                                                             LEAD
            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
“Peel Back the Onion” for More Insight
                                                                    Lead-Worked-to-Connect Ratio




                                                                         Connect-to-Demo Ratio




* Data has been altered from actual HubSpot data for the purposes
of this presentation
#5: Develop leaders to execute the
             process
LEADERSHIP RESOURCES
Who should your first sales hire be?

                                                         Entrepreneur in your industry
                                                         Sales background


25 years experience in your industry
Currently VP over $200 Million in sales




                                          10 years sales experience
                                          In your industry
                                          Recently promoted to
                                          Sales Manager
         #1 Sales Rep out of 500 reps
         Not in your industry
         5 years sales experience
create
marketing
people love
www.HubSpot.com/3




#inbound12
Questions?


Mark Roberge
SVP of Sales and Services, HubSpot
@markroberge

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Sales 4 startups

  • 1. Modern Sales & Marketing Best Practices Sales 4 Startups – San Francisco Mark Roberge SVP of Sales and Services, HubSpot @markroberge
  • 2. My mission as a sales executive MISSION Predictable, scalable revenue growth STRATEGY If I can… 1. Hire the same type of successful sales person 2. Train the sales people in the same way 3. Provide each sales person with the same quantity and quality of leads 4. Have the sales people work the leads using the same process 5. Develop leaders to execute the process …then I will achieve my goal.
  • 3. #1: Hire the same type of successful sales person
  • 4. Define, Score, and Analyze Criteria 4 @markroberge
  • 5. Define an interview scorecard 5 @markroberge
  • 6. Probable success criteria/Interview questions 1. Intelligent a) [Ask technical questions about the product they sell today] b) [Teach them about your product and ask them to sell it back] 2. Work ethic a) How did you prepare for this interview? How many hours? b) Tell me about a typical work week? 3. Prior success a) How many sales peers are at your current employer? Where do you rank? Why did you rank that high? Why did the top rep out-perform you? 4. Coachable a) Have them role play selling you your product. Tell them what they did well and what they need to do better. Show them. Ask them to try it again. 6 @markroberge
  • 7. How do you find good sales people?  Does not work  Monster.com, Craigslist, etc.  Might work  Agencies, recruiters  Works  Networking at events and online  Passive recruiting on LinkedIn  Referrals  Taking meetings with sales people 7 @markroberge
  • 8. #2: Train your sales people in the same way
  • 9. #2: Train your sales people in the same way  What I see 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. 9 @markroberge
  • 10. #3: Provide sales people with the same quantity and quality of leads
  • 11. The Marketing SLA Owner Ollie Leads Marketing Mary Leads (1-100 Employees) (100-2,000 Employees) Lead Type Lead Value Lead Type Lead Value Webinar $.07 Webinar $.35 eBook $.05 eBook $.45 Free Trial $.45 Free Trial $2.10 Demo Request $.95 Demo Request $2.75 Enterprise Erin Leads (2,000+ Employees) Lead Type Lead Value Webinar $.85 eBook $1.00 * Data has been altered from actual Free Trial $4.25 HubSpot data for the purposes of this presentation Demo Request $6.10
  • 12. The Sales SLA LTV / COCA Attempt # Ollie Leads Mary Leads Erin Leads * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 13. Daily Accountability for Marketing & Sales * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 14. Modern Lead Generation: Inbound Marketing Blog SEO Social Media 14 @markroberge
  • 16. Create Your Content Calendar 1 eBook w/ LP / Month
  • 17. Create Your Content Calendar 1 eBook w/ LP / Month 4 Blog Posts / Month
  • 18. Create Your Content Calendar 1 eBook w/ LP / Month 4 Blog Posts / Month 8 FB Posts / Month
  • 19. Create Your Content Calendar 1 eBook w/ LP / Month 4 Blog Posts / Month 8 FB Posts / Month 16 Tweets / month
  • 20. Create Your Content Calendar 1 eBook w/ LP / Month 4 Blog Posts / Month 8 FB Posts / month 16 Tweets / month
  • 21. #4: Have sales people work the leads with the same process
  • 22. Implement a Sales Process Bad Lead 1. RESEARCH Too Big No Fit Prepare for the sales process Queue Queue Marketing Int’l 2. PROSPECT Queue Queue Get to a connect LEAD 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
  • 23. 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
  • 24. “Peel Back the Onion” for More Insight Lead-Worked-to-Connect Ratio Connect-to-Demo Ratio * Data has been altered from actual HubSpot data for the purposes of this presentation
  • 25. #5: Develop leaders to execute the process
  • 27. Who should your first sales hire be? Entrepreneur in your industry Sales background 25 years experience in your industry Currently VP over $200 Million in sales 10 years sales experience In your industry Recently promoted to Sales Manager #1 Sales Rep out of 500 reps Not in your industry 5 years sales experience
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  • 33. Questions? Mark Roberge SVP of Sales and Services, HubSpot @markroberge