The B2B Lead

B2B Marketing Metrics for Sales – B2B Marketing and Sales Tip #260

Does your sales team understand the metrics you’re measuring?  Think about it this way, your sales team is focused on numbers, hitting the right number of activities each day/week, turning out the right amount of proposals to get good closed deals, and of course, the all important quota figure!

So when asked, you tell the sales team you measure click-throughs, website visits, opens, but it doesn’t mean anything to them….why you ask? Because just like all of the rest of us, they only care about what directly impacts them, yes you can make a case for the activity you’re measuring to impact them but it’s a story, it’s not a direct correlation.

What directly correlates to daily life of a sales person?  The number of leads you’re putting in the top of the funnel.  Let’s be more specific though, not just leads, QUALITY leads.  First you’ve got to have a unified definition of a quality lead (is it someone who has shown interest through opening your emails, checking out your site or is it someone who has downloaded a few resources, attended some webinars and who fits a great profile of your ideal buyer?), get on the same page with sales – decide what that perfectly qualified and quality lead is because not everyone who fills out a web form or downloads a white paper fits that mold.

The important thing is to directly correlate what you’re doing with what your sales team is doing – how many leads did you fill the pipe with this week and then track them through the pipeline.  How many of those leads generated the right kind of activity to create a closed deal?  Bring this full circle for a minute, if you can track how many leads you put in the pipeline that generate activity during each phase of the pipe and then close, pretty impressive stuff to the C-level folks!

Now for tracking this stuff:

  1. In your CRM, use a lead source field – map it to the contact through the process (for all of your salesforce.com users, we’ll have some instructions soon).
  2. Keep tabs on where these leads came, from…not just that marketing delivered them but that you purchased them from ReachForce, got them from an event/trade show, they were a web form, etc.  That way you can see what sources generate the most successful leads and  you can replicate that success.
  3. Don’t just look at this information once and then toss it – keep track of it historically, the more information you’re armed with the better off you’ll be.
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One Response to “B2B Marketing Metrics for Sales – B2B Marketing and Sales Tip #260”

  1. Kristen Butler Says:

    Hello, I wanted to contact you because I love this blog, and I am creating a newsletter for MyWay Interactive (the largest lead generating network online). I would love to feature this article in our newsletter this week. It will reach over 5,000 subscribers. Please visit the website and let me know if I can feature your blog in our newsletter. If you can get back to me at the email address provided as soon as possible… that would be wonderful. Thank you for your time!
    Btw, I can also provide you with the copy of the newsletter before it goes out if necessary. Thanks!
    Kristen Butler
    MyWay Interactive

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