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Mike Braund

Mike Braund

VP Revenue Marketing at Komodo Health

Seattle

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Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

The quickest answer for demand generation would be impact to pipeline and bookings produced. How you represent that is a longer answer that would include the ability to show how different marketing channels and engagements impact each phase of the buying journey/funnel/flywheel. For example in the awareness stage showing how many targeted impressions you got is important, how many web visits, how many demos or contact sales submissions, how many quality leads did marketing produce. Those numbers ...Read More

1,298 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

We try to keep it simple. We align the channel to where it will impact the in the funnel and then create a KPI for the funnel stage and channel. That means that a channel might show up a couple times. For example for Paid search we can have a mid-funnel KPI for lead creation, and a bottom of funnel KPI for sourced pipeline or bookings. We track efficiency metrics next to production metrics to compare over time periods (MoM, QoQ, YoY) to get a sense of relative performance of the dollars spent in ...Read More

1,281 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

The long term answer is building a suite of views and dashboards designed to help with the core decisions the team is wanting to make. For example at Iterable we have a campaign performance dashboard where you can select one or many campaigns to see how it performed against our main KPIs related to generating pipeline. Similar dashboards exist for email performance and paid media performance for more specific metrics to drive decisions. For ad hoc asks it's all about communication. Marketing ops ...Read More

1,157 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

Here are some ways to get started Align on goals and how success will be measured for you Input tour from your partners and stakeholders to inform your plan Create your vision/strategy for how to deliver on your goals/targets to align and socialize with your manager and stakeholders (your marketing team and sales as focus points) Be open to feedback and incorporate the feedback as you socialize your plan. Spend time is developing and setting up my measurement frameworks. This is how you're going ...Read More

931 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

I appreciate this question a lot, and it made me laugh. I'll take the "over-hyped" side of the question. It can come from any raw production KPI - leads, demos, event registrants etc. An element of quality needs to exist in most cases for those to hold value. The easy example is 100 demos and 90 are spam. The more difficult ones come from things like events where you want to fill the room, but is it filled with the right types of companies and right types of roles from those companies. We're cur ...Read More

865 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

Our Marketing Ops team sits in Demand Gen at Iterable so there is a lot of connection from the outcomes we're after when working together. I think that would be the place to start when not in the same org. Clarify outcomes and tie the Marketing Ops work the team is doing with DG to those outcomes. For example if the teams are partnering on a nurture program both teams should have a shared goal around driving the identified conversion event from the program. If you're thinking more around respons ...Read More

859 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

That would definitely make it more difficult, but there are ways I think you can make a path forward. For example if you're in an early growth stage demand gen may lean more on organic channels like SEO and social to drive demand. You can use engagements like webinars or virtual meetings, linkedin live, or free/low cost events to help.

840 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

I think most teams have got themselves to the point where the answer is pipeline and bookings. If you think about bookings and pipe as level one KPIs, then creating level two KPIs for your team to be held accountable for would be for programs and tactics that lead to pipe for your business.

Some examples might be source meetings (pre pipe), quality leads. I'll use this one as an excuse to also mention spending your budget! % of planned budget spent.

798 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

The "worst" KPIs in my opinion would be ones supporting work that isn't aligned to what the department and company are trying to achieve. One of the questions above asked their question around OKRs. I think that method provides a good check point to make sure your commitments and roadmap align up to department and company strategy.

A second way to answers this is to not to commit to a KPI that you can't measure. I've had this happen on program specific KPIs.

714 Views
Mike Braund
Mike Braund

Komodo Health VP Revenue Marketing • 1y

This is going to vary by every company and where that demand gen team within the company is at in their maturity. O in OKR is "Objective" which align up to company strategy and vision, so that's the piece that's going to change the most and make this question tough to give a blanket or generalized answer for. A few generalized measures that I would guess most demand gen teams would want to measure are related to how they're creating awareness of their product in the market, how they're capturing ...Read More

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