The document discusses common mistakes in sales and marketing alignment and collaboration. It identifies 7 common mistakes: 1) doing nothing; 2) relying on quick fixes; 3) having no intermediator; 4) neglecting the human element; 5) relying too heavily on technology; 6) lacking executive support; 7) expecting immediate results. The document advocates for a collaborative approach called "Smarketing" to integrate sales and marketing, achieve benefits like increased sales and profits, and provide examples of companies that improved performance through Smarketing.
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PETER_STROHKORB_CONSULTING 7 Mistakes 2016
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息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
7 Common Mistakes in
Sales / Marketing Alignment & Collaboration
by Peter Strohkorb, CEO, Speaker, Author, Coach
2. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
>15 years in senior B2B Sales and Marketing roles
CEO , offices in Sydney and in Atlanta, USA
Business Coach & Executive Mentor
Creator of the OneTEAM Method for closer Collaboration, Sales+Marketing
International Business Speaker
Executive MBA Guest Lecturer at the Sydney Business School
Board Director x 2 NFP Industry Bodies
Family, soccer, tennis, cooking, fine wine, entertaining
Peter
STROHKORB
3. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
3
Named Global Top 5
Collaboration Expert
By Selling Power Magazine (USA)
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@pstrohkorb
4
Collaboration solves
problems.
Lack of collaboration
creates problems.
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@pstrohkorb
5
Sales blames Marketing
Marketing blames Sales
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@pstrohkorb
Excessive cost
on the business
Unattractive
work
environment
Loss of revenue
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@pstrohkorb
A Quick Poll
7
Our Sales and Marketing Teams
are working seamlessly together.
Please type in your answer:
A: Yes, we do great
B: Could be better
C: Not much at all
8. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
Collaboration and
360o Customer Focus:
Everybody wins !
8
Smarketing速
9. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
The Benefits of Smarketing速
9
More Sales, Profit
Better CX
Higher Calibre Talent
Higher Productivity
Less Waste
Technology ROI
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
10. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
Whats In It For You ?
Future proof your
business,
with minimal disruption,
and utilising your
existing people and
technology resources.
11. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
So, what stands in
the way of getting
Sales and Marketing
teams to support
each other ?
The 7 Common Mistakes in
Sales+Marketing Collaboration
12. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
Mistake #1
12
Doing Nothing
Tip: Take the initiative, become the solution.
13. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Deploying popular shortcuts,
such as:
More sales training
More sales reps
More sales leads
Mistake #2
Going forQuick Fixes
Tip: Fix the cause, not the symptom.
14. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
No Intermediator
Mistake #3
Tip: Be smart, get a referee.
15. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Neglecting
the Human
Element
Tip: Let People come first.
Mistake #4
16. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Relying on
Technology
Mistake #5
Tip: Technology is just Technology.
17. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
No Executive Support
Mistake #6
Tip: Get the boss involved.
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@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Expecting
Immediate Results
Tip: Hasten wisely.
Mistake #6
19. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
19
Smarketing速 Delivers Higher Performance
20. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
*Managing
Top-Line
Computer
Applications";
Stephen P.
Hindman &
John J. Sviokla;
Harvard
Business School
Publication #
9-192-098, rev
7/9/92
20
What Difference can 5% make ?
21. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
P&L Performance Impact
Base
Case P&L
Increase
Sales
Volume by
5%
Raise
Price
by 5%
Sales Revenue $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $63.00 $60.00
Gross Profit $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 20.0% 50.0%
21
22. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
P&L Performance Impact
Base
Case P&L
Increase
Sales
Volume by
5%
Raise
Price
by 5%
Sales Revenue $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $63.00 $60.00
Gross Profit $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 20.0% 50.0%
23. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
The Benefits of Smarketing速
23
More Sales, Profit
Better CX
Higher Calibre Talent
Higher Productivity
Less Waste
Technology ROI
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
24. 息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
@pstrohkorb
Peters method was a game changer
for us.
1. Assessment
2. Consulting
3. Change Management
SME Example
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@pstrohkorb
25
Our best quarter yet.
1. Assessment
2. Workshop
3. Coaching
Mid-sized Business Example
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@pstrohkorb
26
A Freight Forwarder
26
Improve
Cross- and Up-selling
Higher Sales, Profit
Better CX
= More
Repeat
Business
Happy & Loyal Staff
Better Collaboration =
Higher Productivity/Less Waste
Higher
Technology ROI
1. Assessment
2. Consulting
3. Change Management
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@pstrohkorb
27
A $1B Australian Utility Company
27
More Sales, Profit
Better CX
Higher Calibre Talent
Higher Productivity/Less Waste
Technology ROI
1. Assessment
2. Consulting
3. Change Management
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@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Smarketing速 Check List
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@pstrohkorb
息 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Questions
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@pstrohkorb
Thank You
30
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