A few weeks ago I was digging around one of my favorite sales and marketing tools, LinkedIn (my LinkedIn Lead Gen Tips), and noticed the Company Stats area. It shows statistics on things such as Job Function, Years Experience, Growth, etc. and compares company stats to those of their peers in the industry.
Looking at the charts for Green Leads, the issue of "Years Experience" stood out to me because Linda and I have been discussing the topic during our recent hiring efforts. When we first started out, we hired people with 10+ years of experience, and in fact if you look at the chart below, we are way over the industry average. However, now that we've grown our philosophy may have shifted a wee bit. Let me explain...
Trish Bertuzzi, the inside sales guru, uses a term for new hires with less experience. She calls them "junior woodchucks." She shared her philosophy with us, and when we compared our own experience hiring a couple of woodchucks recently we thought she was spot on. on.
Trish's woodchuck words of wisdom:
"Hire a mix of talent -- veterans to lead, set standards and coach. Then hire some newbies that stand out from the crowd. If done right, you'll find some diamonds in the rough.
"Be cautious though, only hire newbies if you have a solid hiring model and onboarding process. If not, it will be chaos."
So, how much quota could a woodchuck chuck if a woodchuck could chuck quota?
Craig Rosenberg, the demand gen expert from Focus.com recently asked me to participate in putting together the eBook, The Focus Experts Guide: Sales and Marketing Pipeline and Funnel.
Despite my whimsical title for this blog article (little link-baiting), the eBook is full of industry expert's takes on today's sales and marketing's demand gen and selling flow -- the path from universe to prospect to client. I took a different approach to the discussion, and came up with the concept of a Demand Gen Cloud:
With the advent of Social, Sales and Marketing 2.0 techniques and tools, optimized Inbound Marketing strategies, and a much more sophisticated buyer, the days of a funnel are gone.
Buyers put themselves in the funnel where they want to be. They jump around. The influence of content and word of mouth jumps them from side to side to back and down again.
The demand gen funnel is now in the cloud. As marketers, we must constantly measure the status of the cloud and make adjustments. Combine strategies and tactics in order to maximize our results.
Harness the chaos to our advantage. Control the Demand Gen Cloud.
Get the eBook and read what these other experts had to say about Pipelines and Funnels:
Ardath Albee, CEO and B2B Marketing Strategist at Marketing Interactions
Michael Brenner, Director of Online/Social Media at SAP North America
Michael Damphousse, CEO/CMO of Green Leads LLC
Christopher Doran, VP of Marketing at Manticore Technology
Barbra Gago, Social Media Manager of Cloud9 Analytics
Steve Gershik, CEO of 28Marketing
Sue Hay, CEO of BeWhys Marketing Inc.
Matt Heinz, Principal at Heinz Marketing LLC
Carlos Hidalgo, President of The Annuitas Group
Jon Miller, Vice President of Marketing at Marketo
Adam Needles, VP of Demand Generation Strategy at Left Brain Marketing
Tom Scearce, Principal at Scearce Market Development
Matt West, Director of Marketing at Genius.com
Steve Woods, Chief Technology Officer of Eloqua
Written by Craig Rosenberg - The Funnelholic
Get the eBook here: The Focus Experts Guide: Sales and Marketing Pipeline and Funnel.
This past week at the Inbound Marketing Summit, all the sessions were broadcast live by The Pulse Network. Below is the clip of our session with Chris Brogan on Lead Generation.
For the time constrained fans...you can find my contributions at time spots: 4:50, 19:48 and 26:30 ;)
Today I'm attending New Marketing Lab's Inbound Marketing Summit at Gillette Stadium in Foxboro (killer spot for a conference, btw).
Highlight of the day is always Chris Brogan's down to earth, almost "stand up" quality talks. He is always insightful, practical, and spot on with his delivery.
I thought it would be useful to create a Twitter List of the #IMS10 Speakers.
Here you go: http://twitter.com/damphoux/ims10-speakers
|Alex Beauchamp, Citrix Online
|Alex Howard, O'Reilly Media
|Amber Naslund, Radian6
|Audrey McClelland, Mom Generations
|Benjamin Diggles, Webtrends
|Bernie Borges, Find & Convert
|Bettina Hein, Pixability
|Brad Blake, Office of Governor Deval Patrick
|Brian Halligan, Hubspot
|Byron White, ideaLaunch
|C.C. Chapman, Digital Dads
|Chris Brogan, New Marketing Labs
|Claire Spina-Russell, PerkettPR
|David Meerman Scott, Freshspot Marketing
|Deb Orton, SAS
|Dharmesh Shah, HubSpot
|Erica Brookes, Vitrue
|Erica McClenny, Expion
|Gail Goodman, Constant Contact
|Greg Cangialosi, Blue Sky Factory
|Jamus Driscoll, Demandware
|Jeanne Connon, Daily Grommet
|Jess Weiss, Office of Governor Deval Patrick
|John Doyle, Alure Home Improvements
|John Jantsch, Duct Tape Marketing
|Justin Levy, New Marketing Labs
|Kiki Mills, MITx
|Lisa Horner, Citrix Online
|Maria Pergolino, Marketo
|Mark Chaves, SAS
|Matt Cutler, Visible Measures
|Michael Damphousse, Green Leads
|Michael Pranikoff, PR Newswire
|Michael Weiss, Imagistic
|Mike Schneider, Allen & Gerritsen
|Nichole Kelly, CareOne Services
|Pamela Meek, SAS
|Patrick Attallah, 90:10 Group
|Patti Fousek, Mind Search Marketing
|Paul Gillin, Paul Gillin Communications
|Pawan Deshpande, HiveFire
|Rand Fishkin, SEOmoz
|Ric Pratte, JitterJam
|Robbie Vorhaus, Vorhaus & Company
|Robert Brosnan, Seton Hall University
|Ron West, PaperThin
|Sal Ferro, Alure Home Improvements
|Scott Stratten, Un-Marketing
|Steve Garfield, SteveGarfield.com
|Tim Hayden, Blue Clover Studios
|Tim Washer, Cisco
|Tom Webster, Edison Research
|Valeria Maltoni, Powered
|Vern Imrich, Percussion Software
|Wayne Sutton, TriOut
If I missed someone or they made a last minute change in speakers, let me know and I'll update the list.
As many of you would expect, Green Leads consumes prospect lists at a rate that far exceeds most outbound marketing efforts. With over 30 clients running their appointment setting programs through us, having volumes of accurate contact names is essential to our business. As a result, we've got licenses with Jigsaw, OneSource and NetProspex, and we use LinkedIn and other contact discovery services. We love them all and use them all in parallel.
NetProspex recently shined when we heard about the new addition to their service. Users can search on meta-data of specific attributes at companies such as what software system their organization is using, for instance Salesforce.com, NetSuite or Oracle.
This is such a HUGE addition to the world of data services. I asked NetProspex what the future is for additional attribute data like this.
"We've always been a big proponent of metadata. NetProspex has the most job title meta-data in the industry so that instead of only being able to target broad categories like 'Marketing,' you can get really granular and target specific job categories like 'Advertising' or 'Product Management.' We are also investing heavily in social media and our future plans have it front and center. We launched SocialStep -- the first social media prospecting and appending service earlier this year. The interest level -- from customers, the media and even the general public -- has been greater than for any product we've ever launched," shared Mark Feldman, COO of NetProspex.
General NetProspex highlights:
- User-contributed data
- In-house data verification ensures high accuracy
- Customizable list-building tools where users can manage multiple projects and list variations
- Job title search that is based on more than department and keywords -- there are 100+ functions to help you zero in on the specific function you are looking for. See the breakdown to the right just for Marketing contacts. This is much more granular than the competition.
- Pricing is similar to the other services. You can trade contacts for credit, or purchase credits, and there are corporate licenses available.
Smashmouth Rating: Thumbs Up!
What features, tips and best practices can you share?