My golf game needs improvement, I can admit that. However the one thing I have noticed is that every time I do manage to get the ball into the cup, it’s when I’m using my putter. The obvious conclusion then is that I should spend all of my effort working on my putting game in order to improve at golf, because that’s what gets the ball into the cup.
Well, no. That’s obviously a flawed conclusion.
It’s odd then that so many CEOs associate growing revenue with hiring sales reps. Yes, it is the sales rep who gets the deal done, but that is at the end of a long process that involves building awareness, establishing thought leadership, nurturing leads throughout a long buying process, scoring leads based on interest, and routing those leads to the right sales rep.
Investing in more sales reps is like working on your putting game. Certainly important, but only part of the picture. We all know that being able to start with a good drive, play the fairway well, and stay out of (or get out of) sand traps is an equally important part of the game. We know it, in golf, because we can clearly see how these move the ball towards the green.
In B2B marketing, however, it is not quite as obvious.
We all understand that buyers progress through their own buying cycle, and in doing so are guided by the information that we as marketers provide for them. However, unless we have mapped that buying cycle, and used an understanding of the buyers’ digital body language to determine who is at what stage of the buying process, it becomes hard to see where in the buying process we need to apply effort in order to improve our overall ability to grow revenue.
Terracotta did a great job of mapping their buying process (see their case study here), and by doing so, were able to understand which of their buyers were at which stage of the process. Doing this, in any B2B buying cycle allows us to see where our strengths are and where our weaknesses are. With this insight, we can then see where we would be best to focus our efforts.
Our ability to grow revenue is based on many factors, of which the number of sales reps is just one. Understanding our buyers’ overall buying process gives us the insight we need in order to understand where we need to invest for maximum results, much like watching our entire golf game allows us to understand whether to work on our putting, our drive, or our short game.
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