How to gain enthusiastic support for your marketing initiatives from your corporate management

2. Richard Mattson, The Partner Marketing Group How to gain enthusiastic supportfor your marketing initiativesfrom your corporate management

3. Agenda • Welcome & Introductions • Your experience—What makes marketers successful? • My experience—What I’ve seen that worked and didn’t work • The six vital rules for internal marketing success • Discussion, Q&A, wrap up 6

4. What makes marketers successful in organizations where you have worked? • Success is defined as • Contributing effectively to the business • …and being recognized and rewarded for it • What I’ve seen that worked and didn’t work Your experience and mine

5. The Six vital rules for internal marketing success

6. Rule #1Tie Marketing to cash flow

7. Tie marketing to cash flow • Identify sources of cash flow and quantify their value • Customer analysis and opportunity analysis • Competitive analysis • Company’s ability to compete • Position, differentiate and market your company and offerings to your targeted customers to produce cash flow • Create demand against promised value • Essential to harvest cash flow Hierarchy of cash-flow responsibilities

8. Linking marketing activities to cash flow Intermediate Marketing Outcome Cash Flow Driver Cash Flow Intermediate Marketing Outcome Cash Flow Driver Marketing Activity Intermediate Marketing Outcome Example: Event invitationattendees and leads (IMO)pipeline (CFD)sales (CF)

9. Rule #2communicate marketing outcomesin terms important to the business

10. What do marketers tend to talk about? What do business leaders tend to talk about? • Most business leaders are not impressed with outputs…they want outcomes • Save specialized jargon for specialized peers—translate everything possible into business impact • A case in point: Brands and Branding …in terms important to business

11. Rule #3upgrade and standardizeyour marketing processes

12. Source: Marketing Profs 2005 Survey of companies of 1,000 employees or more

13. Reduces invention around structure and process; releases creativity for breakthroughs Gives you an opportunity to open the process to views & ideas from your core stakeholders Gives your function consistency & transparency throughout your organization Enhances your perception as a mature, organized, business-savvy professional It makes sense to standardize

14. Rule #4make marketing matter to your company’s cxos

15. Deeply understand your company’s business plan and goals and base your marketing goals on them. • Post the CEO’s and CFO’s KPIs above your monitor and treat them as your own. • Create a marketing plan that clearly addresses business strategy and growth goals and opportunities and present it for discussion and counsel to your executive team. • Define marketing as “work designed to identify sources of cash flow and to produce cash flow by solving customers’ problems profitably.” • Prove you know what you’re saying with your plan. • Then provide regular updates on how your plan is performing against company goals, cash flow drivers, and more. ** • Demonstrate in everything you do that your work is about helping your company stay competitive today, helping your company act today, helping your company stay fast and agile. • This does not mean you don’t build long-term proposals and plans to drive your brand or reposition your company. • It does mean that you adopt near-term steps that drive business impact and help your company evolve into the future at the same time. • Learn what compels executives to pay attention and adopt a new strategy. • “What you’ll lose” or “what you’ll gain” Keys to reaching the CEO and CFO…

16. The product-customer basics • Economic segmentation • Profitable, unprofitable relationships • Customer defections • Your strengths and weaknesses • What are customers buying, not buying? • How will you adapt? • Kinds of customers • Nature of offerings • Differences among your competitors & their customers • Where are your competitors successful and not? Why? • Gap analysis • Competitive opportunity • Unmet opportunities

17. Make sure Finance knows you care about revenue accounting and what to continually upgrade marketing’s ability to support that. • Develop a close relationship with Finance at many levels • Typically, marketers think Finance is staffed by dull “green eye shades” • Typically, Finance thinks marketing is staffed by wild-spending artist and sales types • Break down the stereotypes • Finance wants to see order, expertise and analytical thinking from Marketing • As you standardize processes, enlist Finance to help you develop and implement a Marketing Performance Measurement System. • It will be the only way for your key analytic data to have credibility with Finance and in the Board Room. Specifically for the CFO…

18. Rule #5Build bridges across your organization

19. Marketing within the organization - 1 Source: Marketing Profs 2005 Survey of companies of 1,000 employees or more

20. Marketing within the organization - 2 Source: Marketing Profs 2005 Survey of companies of 1,000 employees or more

21. As you build your marketing plan, ask for opportunities to sit down with key functional players across your org to • Review it in draft form and gather comments • Learn about their plans • Develop common ground around customers and markets, as well as related business strategy • Overall, keep active lines of communication open • Working specifically with Sales, develop shared understanding around • The definition of qualified leads • Clarity on how the lead pipeline is managed • Valuing the pipeline • Providing marketing strategies to help salespeople with price resistance • Finding ways to make the sales funnel flow faster Some keys to silo destruction

22. Rule #6sharpen your marketingand business toolset

23. Cash-Flow Driver index High Leadership Low Low High Cash Flow Source: Young, Weiss, Steward Marketing Champions

24. The Partner Marketing Group • Virtual Marketing Director Program at www.thepartnermarketinggroup.com • Other Services • Marketing Resource Desk • Marketing Collateral Audit • Outsourced Project Management • Newsletter content subscription service (coming soon) • And more. If You Need More Help… Free Partner Channel magazine subscription: http://www.thepartnerchannel.com/register.asp

25. First 10 attendees from TPE that sign-up on website get a complimentary Marketing Audit • Review your existing marketing materials and provide feedback • Review and evaluate up to 5 marketing pieces: • company brochures • sales collateral • event invitations • direct mail pieces • newsletters • Sign-up: http://www.thepartnermarketinggroup.com/contact.php Free Offer! $750 Value!