The Marketing Metrics that Matter - Alon Waks - Hard Corps Marketing Show #184

The Marketing Metrics that Matter - Alon Waks - Hard Corps Marketing Show #184

As marketers, we know that metrics are powerful tools. How do we choose the key performance indicators (KPI) that matter most for our company’s target audience?  A SAS Marketing Leader, CMO/Consultant/Advisor at IrisVR, Alon Waks, discusses how to navigate KPIs and transition into outbound marketing.   Takeaways: “Payback is the number one KPI that I care about! This is the dollar in/dollar out pipeline.”~Alon Waks Have sales work accounts rather than individual leads. If you look at an enterprise mid-market it is rare that there is one contact with one buyer who is also the user. Every buying group should certainly constitute an account. Do not spray and pray! Strategically targeting a few accounts as opposed to 500 accounts is key to prioritizing efforts and winning more deals. While transitioning from inbound to outbound marketing, focus on these three key elements: 1) Change your internal terminology, 2) Have a pilot group that shows success, and 3) Look at ROI measurements. One to one is marketing and sales working together to make custom everything for an account. Personalize a video, event, merchandise, etc. Career advice: Do not wait to do professional development. Go and learn now while the market is down.   Links: LinkedIn: https://www.linkedin.com/in/alonwaks/ Email: alonwaks@gmail.com   Busted Myths: Start with the KPIs that really matter. Demos and the amount of visitors coming to your website are great to look at, but they are secondary. Focus on the metrics that matter to your company. Do not go and buy an account based marketing tool before knowing what account based means for your company and the corresponding data that goes along with them.  Marketing can not do one to one at scale - One to one is relationship marketing which is a completely different approach.   Ways to Tune In: iTunes - https://podcasts.apple.com/us/podcast/the-hard-corps-marketing-show/id1338838763 Spotify - https://open.spotify.com/show/1vVLpNI1LssMTiL6Kdsamn Stitcher - https://www.stitcher.com/podcast/the-hard-corps-marketing-show Google Play - https://play.google.com/music/m/Im7mytmu2wa2mekhoeixlja5hpe?t=The_Hard_Corps_Marketing_Show YouTube - Full video - https://youtu.be/nK8-6bpuHlg

As marketers, we know that metrics are powerful tools. How do we choose the key performance indicators (KPI) that matter most for our company’s target audience? 

A SAS Marketing Leader, CMO/Consultant/Advisor at IrisVR, Alon Waks, discusses how to navigate KPIs and transition into outbound marketing.



 

Takeaways:

  • “Payback is the number one KPI that I care about! This is the dollar in/dollar out pipeline.”~Alon Waks
  • Have sales work accounts rather than individual leads. If you look at an enterprise mid-market it is rare that there is one contact with one buyer who is also the user. Every buying group should certainly constitute an account.
  • Do not spray and pray! Strategically targeting a few accounts as opposed to 500 accounts is key to prioritizing efforts and winning more deals.
  • While transitioning from inbound to outbound marketing, focus on these three key elements: 1) Change your internal terminology, 2) Have a pilot group that shows success, and 3) Look at ROI measurements.
  • One to one is marketing and sales working together to make custom everything for an account. Personalize a video, event, merchandise, etc.
  • Career advice: Do not wait to do professional development. Go and learn now while the market is down.



 

Links:



 

Busted Myths:

  • Start with the KPIs that really matter. Demos and the amount of visitors coming to your website are great to look at, but they are secondary. Focus on the metrics that matter to your company.
  • Do not go and buy an account based marketing tool before knowing what account based means for your company and the corresponding data that goes along with them. 
  • Marketing can not do one to one at scale - One to one is relationship marketing which is a completely different approach.



 

Ways to Tune In:

Creators and Guests

Casey Cheshire
Host
Casey Cheshire
CEO & Founder of Ringmaster Conversational Marketing. Casey Cheshire is a marketer, serial entrepreneur, and adventurer. He has been in EO for close to 10 years and counts his relationships as a key reason for his continued success. Casey’s passion for podcasting led to him founding Ringmaster Conversational Marketing. Ringmaster helps B2B businesses launch podcasts that drive growth and revenue. Previously, Casey founded and ran Cheshire Impact for 10 years. It became the top Salesforce Pardot marketing automation solutions partner in the world before a successful exit in 2021. He is also a US Marine Corps Veteran where he served in the Infantry and deployed to some very hot climates. In his free time, Casey likes to skydive, climb mountains, and pretend to be a hungry bear for his two kids.
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