Strictly Marketing Magazine March/April 2016 3 | Page 11

1. Marketing and sales use a common revenue language. 2. Marketing and sales have mirrored organizational structures. 3. Marketing and sales are proactive in their relationship. 4. Marketing and sales work together as one revenue team towards achieving shared revenue-oriented goals. 5. Marketing and sales have goals and compensation tied to shared revenue metrics. The Marketing and Sales Synergy Model Now that we know what a synergistic relationship looks like, let’s use a model to understand how to achieve it and to further define the behaviors required of a Revenue Marketer. Education The first step in creating any relationship with sales is to educate the marketing team on all things related to sales. Trying to create a relationship with sales without understanding their world simply does not work and that understanding does not occur through osmosis. More specifically, marketing needs to understand the sales goals, be a part of sales initiatives, understand the sales process, know the sales team and be educated on the pipeline. Synergistic Marketing Behaviors: · · · · · Participate in weekly sales pipeline calls Participate in monthly and quarterly sales calls Listen to sales calls Go on calls with sales Participate in sales training Revenue Language A few years ago I met a VP at an event where we were both speaking. As I listened to his talk, I was trying to figure out if this guy is the VP of Sales or the VP of Marketing. He sounded like a VP of Sales as he mentioned things like pipeline and forecast. He talked about joint sales meetings and understanding the current level of quota achievement across the sales team. He talked about accelerating time to close and improving average deal size. I was honestly confused as I was pretty sure they had not invited a VP of Sales to be a part of this particular event. As it turned out, he was a VP of Revenue Marketing (that was his real title) and that’s when it became clear to me, like sales, Revenue Marketers must begin embracing the language of revenue in order to build credibility and drive revenue success. Revenue Marketers don’t talk to sales about pretty fonts or newsletters; they talk to sales about opportunity pipeline, quota and revenue. They ask sales questions like, What number do you need to hit for your new acquisition target? What does your current opportunity pipeline look like and how can we help? What is your average deal size and how can we help grow that? Why are opportunities not closing and how can we help? Synergistic Marketing Behaviors: · · · Listen to the words used by marketing during an interaction with a salesperson – are they sales focused or marketing focused? Listen to the words used by marketing as they participate in a sales meeting – are they sales focused or marketing focused? Listen to the presentations marketing makes to sales – are they sales focused or marketing focused? Continued on Page 19 9 Strictly Marketing Magazine September/October 2014 Strictly Marketing Magazine March/April 2016 11