Here we go again, bashing our sales counterparts. Don’t worry, we love you, however, we’ve noticed a ton of organizations heavily relying on traditional sales methods and periodic events to generate their sales. Those that do so tend to play a very risky game. In sales-led companies with limited budgets, the approach of learning so much on sales is proving to be ineffective and unsustainable long term. Here’s a deeper dive into why this model is not only problematic, but how you and your team can shift toward marketing-driven strategies to stabilize and enhance pipeline generation… TL;DR, this all helps to boost sales outcomes, haha.
Most sales-led companies shift all of their focus on direct selling tactics and event-based marketing which includes trade shows, seminars, and networking events. While these methods can yield somewhat immediate results, they also have a ton of limitations.
Transitioning to more buyer-centric channels doesn’t only align with where the buyers are, but it also increases the likelihood of meeting aggressive sales targets. Here’s why investing in such channels is beyond beneficial:
When putting together the puzzle of hitting aggressive sales projections, the key is growing a marketing-generated pipeline. This would mean a company has to undergo a strategic shift from being predominantly sales-led to marketing-led. Here are steps organizations can take:
This shift doesn’t just mean you have to transfer to marketing tactics. It means a change in the company’s mindset and allocation of resources. Marketing leaders need to advocate for more substantial budgets that reflect the importance of digital marketing. Here’s how:
Companies have to put their foot down and let go of the old, traditional, sales-heavy approaches to meet modern market demands and consumer behaviors. If, or when, a company turns to investing in digital marketing and buyer-centric channels, business can achieve a more stable and scalable pipeline, positioning themselves for more success that’s actually sustainable. The transition to a marketing-led approach may take some time, however, it’s essential for companies aiming to meet and exceed their sales projections in the new market landscape.