5 Keys to The Effective Use of Technology

Posted by Doug Davidoff

Mar 13, 2018 10:00:00 AM

hire-technologyLast week I was talking with Jess, our Director of Operations, about the inordinate impact that technology has had on the sales and marketing function. I told her about my first “CRM.” As a new hire with Alamo Rent-A-Car, I was assigned 624 travel agencies in my territory. A couple days after I started, I got a thick envelope with 104 pages of cards (there were 6 cards per page) printed on a dot matrix printer. I separated my cards, placed them into a file box and went to work.

Sales and marketing technology (or, the growth stack) has moved from being a complement to the work that needs to be done, to being at the core of virtually everything that happens.

The Role of Technology in Sales & Marketing

Consider the following:

  • The average company is spending almost $5,000/sales rep/year on sales technology. (source: Gartner CEB)
  • The Marketing Technology Ecosystem had just 120 names when it started in 2011. Today, there are more than 5,000 technology alternatives (and growing). (source: ChiefMarTec)
  • Investment in sales technology over the last two years tops $10 billion. (source: VentureBeat)

What’s clear is the mushrooming growth and impact of technology in demand generation and sales. Equally clear is that despite all of these investments, users are not seeing the returns they expected.

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Topics: Marketing, Sales, Technology Stack

3 Processes You Must Absolutely Master Now to Grow Revenue

Posted by Doug Davidoff

Mar 9, 2018 12:00:00 PM

While I’ve never been a principal in a manufacturing business, I’ve always envied the predictability, control and ability optimize that’s inherent in modern manufacturing processes. For years I’ve only been able to leave it at envy because conventional wisdom dictates that marketing, lead generation and sales can never operate with such precision.

I’m sure if we went back to the days when some caveman was carving widgets from stone many "thought-leaders" exclaimed that widget making was an art as well, but today we know better.

Today I find myself (and our teams) using modern manufacturing as the metaphor to design customer & revenue acquisition processes. When you view sales and marketing through the lens of manufacturing and supply chains, you’ll quickly see that the best way of looking at it isn’t as one manufacturing process, but instead, multiple processes that take raw materials through numerous assembly lines; with each line creating value and enhancing output.


There are significant benefits when sales and marketing organizations view their approaches through this same lens. If you’re focused on accelerating your organization’s growth here are the three “manufacturing,” or acquisition processes you must master:

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Is the Sales Development Process Still a Strong Strategy for Sales Growth?

Posted by Doug Davidoff

Feb 27, 2018 11:00:00 AM

imagine-blog-sales-strategyOver the last decade, the hottest trend for fast-growth sales organizations is the birth and dominant role of sales development teams to accelerate lead generation and the creation of qualified opportunities. Even as recently as five-years ago, sales development was still being adopted by only the most forward-leaning companies. Today, sales development is de rigueur. If you're a company that's committed to serious growth, a sales development function is pretty much table stakes.

In our own way, we've contributed to this reality. In 2015, I spoke at Inbound sharing how sales development was not only a complement to Inbound Marketing, it was necessary to successful execution. Back then (if two and a half years ago can be considered "back then") my topic was controversial with many people arguing against it. Today if I were to present such a topic I'd be lucky if anyone other than a member of my team was present for the session. 

I talk with executives every day about growth. I see how the strategy how gets implemented today. While there is a tremendous amount of content available on sales development (with more coming every day), one question doesn't seem to be asked: is it still a viable strategy?

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Topics: Sales Development, Playbooks, Sales Enablement

[Video] The 7 Reasons You Need a Playbook & 5 Reasons Why they Fail

Posted by Doug Davidoff

Feb 23, 2018 3:00:00 PM

sales-playbook-webinarEarlier this week we held a webinar highlighting both the importance of playbooks in generating predictable, sustainable and scalable results and the seven components that must be present in a sales playbook if it is going to be effective.

Over the last couple of years, we’ve seen more companies paying attention to the idea of playbooks, for good reason. Companies with effective playbooks see:
(source: Sales Enablement Study Conducted by The Aberdeen Group)

  • Higher velocity and quality of lead generation
  • Greater team and rep attainment of sales quotas
  • Higher win rates
  • Shorter shorter sales cycle times

Yet, despite their importance and the time (and money) companies invest in developing playbooks, most of them never lead to stronger results. In this excerpt from the webinar, we share the problems a sales playbook solves and the five reasons they fail.

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Topics: Performance, Playbooks

Has the Time Come to Ungate Your Best Content?

Posted by Doug Davidoff

Feb 15, 2018 2:00:00 PM

GateorUngateLPAs the the great marketing strategist, William Shakespeare, said, “To gate or ungate your best content; that is the question?”

Over the last three years, there's been a growing roar questioning the wisdom behind one of today’s central practices for lead generation. An ever-increasing group of marketing and lead generation leaders are recommending that companies stop putting valuable content behind registration gates.

Drift, a martech provider focused on chat applications, and founded by former HubSpot Chief Product Officer David Cancel, was the first to call out the wisdom surrounding forms with the launch of the “No Forms” marketing campaign and positioning. Over the last year, HubSpot itself has questioned the use of forms as they’ve started talking about the use of “pillar content” and the impact it has on reach and search engine optimization (SEO). Over the last several months, more and more companies have “jumped on the bandwagon.”

The debate around forms vs. no forms is reminiscent of the Mac vs. PC debates of a decade ago, whereby otherwise intelligent and reasonable people seem to lose all rationale balance to advocate their position. Over the last six months, the call to eliminate forms continues to move more into the mainstream, and I see more sales & marketing advisors capitulating on the topic with little to no data to back up their conclusions. One prospect summed up where we find ourselves today when he asked me, “Doug, I haven’t even started using gated content and now I feel like I need to change before I start.”

Don’t get me wrong, it’s an important and valid question; one that should be at the top of the decision tree for any company executing a lead generation, inbound or content marketing program.

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Topics: Lead Generation, Demand Generation

What Aviation Can Teach Any Growth Executive About Acquiring Customers

Posted by Doug Davidoff

Feb 8, 2018 4:30:00 PM

lift-growthGrowing revenue is difficult, complex work. Fraught with uncertainties, lack of information and changing market dynamics means that those who are good at growing businesses are always managing trade-offs in the decisions they make.

Charting your roadmap is difficult as well. There’s no shortage of “thought leaders” making grand claims that “this is the way to do it.” Of course most of these claims are made by someone that has a vested interest in what you do.

Making sense of all of the conflicting information, insights and “best practices” is often the biggest challenge facing growth executives. This is why I’m a fan of science. Science, done properly, is always a pursuit for the truth. When you find a truth, you’ll see that the principles apply to a variety of scenarios - even sales and marketing.

This topic came up recently on a podcast episode where I talked about my recent post on why hiring salespeople is not a smart strategy to stimulate growth. Needles to say, the post is a bit controversial. Anyway, in the podcast I talk about the principle of lift, the physics that make air flight possible and how this lesson applies to growing your business. I thought you would enjoy the excerpt:

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Topics: Lead Generation, Sales Development, Performance, Demand Generation

To Build an Effective Playbook You Must Know What Game You're Playing

Posted by Doug Davidoff

Feb 2, 2018 12:30:00 PM

To Build an Effective Playbook You Must Know What Game You're PlayingI admit that I spend far too much time on social media, especially Twitter and LinkedIn. I can’t help it. There’s just so much great information and content available!

On the one hand, the access to insights, knowledge and even detailed process is extraordinarily valuable...but it’s also exceptionally dangerous. The reason is that the majority of organizations sharing valuable information have this in common:

  • They’re sharing what works for them.
  • They’ve got an interest in influencing you to see the world the way they do.

Now, neither of these things are bad, but they should put up a caution light to marketers, sales reps and executives committed to improvement and growth (personal and business). A quick review of my just my Twitter stream right now highlights the conflicting approaches being advocated. Here’s some of what I’m seeing:

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Topics: Sales Development, Demand Generation

What is an Investment Mindset & Why it’s Crucial if You’re Serious About Revenue Growth

Posted by Doug Davidoff

Jan 30, 2018 5:15:00 PM

What is an Investment Mindset & Why it’s Crucial if You’re Serious About Revenue GrowthEarly last year (2017) I had the privilege to participate in a series of interviews that HubSpot Academy professor Kyle Jepson was conducting to create what is now a certification course on Sales Enablement. If you haven’t seen the courses, I highly encourage you to do so. It’s probably HubSpot’s best program (and I’m not saying that just because I’m featured).

As with all interviews like this, some of the material gets used and a lot doesn’t. One of the conversations I had with Kyle that was used in the training was around a concept I call investment mindset vs. income mindset. I talk about this concept a lot with the clients we work with (it’s actually a key component of our ideal client profile). I haven’t had the opportunity to share these thoughts with the public and I thought this segment did a great job of highlighting what investment mindset is, and more importantly, why it matters.

Enjoy the video (you’ll see a transcription below).

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HubSpot Sales Pro Sales Enablement Tool Review

Posted by Doug Davidoff

Jan 25, 2018 2:00:00 PM


Over the last three years, HubSpot has continued their commitment to the sales stack, while reinforcing their core marketing product. For those considering building out and enhancing your sales tech stack, here is my review of HubSpot’s new Sales Professional tool.

[NOTE: To future readers, this review was created nearly three months after its late 2017 rollout, so things will certainly change going forward.]

The role of technology continues to grow its importance in the daily lives of salespeople and executives. Gartner CEB recently shared that companies are spending almost $5,000 more per sales rep, per year on sales enablement technology. The strong use of technology is increasingly becoming a “ticket to play,” for sales organizations.

The launch of an enhanced version of HubSpot’s sales enablement app Sales Professional was among the big product announcements at Inbound17. As HubSpot’s headline indicates, the promise is big.

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Topics: Sales Development, Technology Stack

7 Reasons Hiring Salespeople is the Wrong First Step for Faster Growth

Posted by Doug Davidoff

Jan 23, 2018 3:30:00 PM

7 Reasons Hiring Salespeople is the Wrong First Step for Faster GrowthI see it time and time again. A company, seeking to accelerate revenue growth and customer acquisition, makes the obvious decision to hire more salespeople. Every time (for purposes of accuracy, 95% of the time) I have the same reaction (as I bring my hands to my head in dismay):


There’s a simple acid test that virtually any small or mid-market organization can use to determine if the time has come to hire salespeople. The acid test is “Do we have more high quality, right-fit leads than our existing sales team can manage?”

If the answer isn’t a definitive “YES!!,” then DON’T. HIRE. SALESPEOPLE. (YET).

I realize this advice is counter-intuitive. I understand that your board, your investors, hell, even your CEO (if she’s not the one reading this) are not going to like this take. I get that your VP of Sales quantifies his importance and domain by headcount (if some is good, more must be better). Your peers will look at you like you’re crazy, but I challenge you to think about this:

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Topics: Sales Development, Sales Training/Coaching, Demand Generation, Sales Cycle