We know that buyers have all the control of the revenue process. They decide when, if ever, they will speak with someone on your team. To grow, companies must align their ways of working with their buyers and customers and prioritize delivering value at every step of the journey, from the very first interaction to after they’ve begun using your product or service. This takes alignment between marketing, sales, and customer success, but even more is required of marketing teams.
If marketers embark on this journey with sales and customer success without first fixing their own problems of overlapping audiences and programs, they will fail and fail quickly. No marketing team wants to be the function that could not pivot to prioritizing value at every step in the buyers’ and customers’ journeys resulting in revenue stagnation, or even contraction. Enabling frontline marketers with a collaborative workflow positions marketers to solve the two most egregious issues with current marketing motions:
- The siloed nature of demand marketing subfunctions prevents value realization. Marketing is plagued with wasted resources from competing marketing programs that annoy buyers and customers. Too many marketing subfunctions (demand/ABM, field marketing, customer marketing, digital, and events) create strategies unique to their function, independent from the others. Marketers often say they have a ‘unified’ plan but it’s more like a PowerPoint deck with “chapters” for each team’s individual plan. This approach prevents marketers from orchestrating programs to reduce overlap and waste and, what’s worse, it has a direct, negative impact on buyers and customers. Marketers must shift to a unified strategy and planning motion (a single story without chapters), orchestrating programs to not drive buyers and customers away but instead increase engagement rates, produce more signals from buying group members, and provide more opportunities to sales. This will require a shift in KPIs, but that effort pales in comparison to the benefits of delivering value to buyers and customers.
- The inability or unwillingness to change audience segmentation creates poor experiences. It is rare that a marketing team will have strictly managed audience segments. Generally, each marketer – regardless of subfunction – defines their audience for their specific programs, independent from all others. Even if marketers cut through the silos during strategy and planning sessions, marketing will still fail at pivoting to buyer and customer value because audience creation remains an ad-hoc, siloed process. Organizations must transform to where the business provides prioritized go-to-market direction, marketing translates that into go-to-market objectives, defines each segment so it’s autonomous, and then begins the marketing strategy and planning process based on these defined audience segments. No one account may be in more than one segment at a time.
Taking a Frontline marketing approach to alignment and strict audience management solves these issues and enables quick and consistent delivery of value to buyers, sales, and customer success. In a recently published Forrester report, To Exponentially Drive Growth, we dive deeper into these topics and help marketing organizations solve these problems with organizational design thinking, innovative marketing strategy and planning motions, and sample resources (e.g., tools, frameworks, assessments) to shorten the time to ROI for this change. Pivotal to this is that centering your decisions on your buyers and customers positions marketing to participate cross functionally with sales and customer success to provide even more value to customers and is essential to driving long-term growth. If a proposed action or change doesn’t create value for your buying group members on their journey to find a solution or address a business pain, then reconsider.