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Follow on Google News | Experts Agree that Most Companies Don’t Make the Grade for Marketing and Sales AlignmentExecutives agree that marketing and sales alignment is critically important, but most companies don’t make the grade. A CMO, an EVP and a business owner share best and worst case scenarios as well as techniques to align marketing and sales.
By: Cindy Caldwell Guest executives--Peter Alexander, CMO of Roamware (formerly with Cisco); Keith Conley, EVP of Document Technologies; Examples of poor alignment included premature product launches, incorrect pricing and inconsistent messaging. Office politics, budget restrictions and poor organizational structure can all contribute to misalignment. Conley emphasized that organizational structure plays a huge role in alignment, “When marketing is under sales, and a senior executive is over both sales and marketing--that’ Best practices for alignment were also discussed. Alexander and Conley both agreed that joint planning of marketing with sales is a must; they need to work together to define their goals, target markets and how to measure results. Conley suggested marketing and sales make a commitment to attend an annual planning workshop to define the top five initiatives and overall key measurements. “A workshop is a great way to start off alignment,” Conley stated. Another alignment best practice: Marketing and sales must clearly define what a “qualified lead” means, and agree to a plan of execution and tracking. McDade explained that leads can be a source of conflict: “One of the problems that occurs in many companies is that marketing has defaulted to a cost-per-lead mentality without a lot of focus on lead quality. That really exasperates the problem with sales. It’s going to take a CEO or a Senior VP of Sales and Marketing in many companies to fix this problem.” Alexander summarized points made by all the experts: “For marketing to be well-protected and get the budget it needs, alignment with sales is key.” On the next “Talk With the Experts” on Wed April 25th, The Experts Bench will explore "Co-opetition-- # # # The Experts Bench, Inc is an industry leader in providing expert marketing resources to the Global500. The company focuses on marketing intensive industries, with a deep understanding of clients’ environments. Marketing engagements empower Global500 companies to execute superior performance quickly with the necessary functional marketing human capital. For information regarding The Experts Bench and leading marketing consultants, call 866-775-6810. End
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