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RV 95 - Redefining MQLs and the Importance of Shared Pipeline in B2B Marketing | Making Fun of Marketing

16 snips
Aug 22, 2023
Chris, a guest on the podcast, discusses flaws in traditional marketing practices and the need for a new approach. He emphasizes redefining MQLs and eliminating low-intent lead generation. He also challenges the use of SDRs to sell to executives and proposes a streamlined process. Chris highlights the importance of a shared pipeline between sales and marketing, a new framework based on sales win rates, and a holistic view of go-to-market data. He discusses the role of intent data and encourages companies to break away from incremental optimization for exponential growth.
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INSIGHT

Redefining MQLs for Efficiency

  • Traditional MQL definitions have expanded and become ineffective due to pursuit of volume and low intent.
  • Passing only ICP qualified buyers with clear purchase interest to sales is a breakthrough for conversion and efficiency.
ADVICE

Remove SDRs for Inbound Buyers

  • Remove SDRs from inbound handraiser qualification to increase efficiency and conversion.
  • Automate routing qualified buyers directly to sales reps to streamline the buying process.
INSIGHT

Pipeline Needs Standard Definition

  • Pipeline definitions vary widely and lack linkage to sales win rates, causing misleading metrics.
  • A pipeline should be defined by opportunities with a historical win rate above 25% for accurate decision-making.
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