Companies used to pay us $25k for this analysis without batting an eye
I've audited 100+ B2B funnels over the years + most companies struggle with 1 of 4 funnel issues at any given time:
đ© Lead gen 101
đ¶âđ«ïž Marketing/sales misalignment
â Poor product/market fit
đ Unrealistic goals
This past weekend I broke down each of these issues, how to spot them, how to fix them, and what it should look like over the following quarters if done correctly
A template you can use to drop your own numbers in + the tactical advice you need to diagnose + fix - completely free for you
samkuehnle.com/p/ive-auâŠ
For those curious/who want a sneak peek to see if it's worth it, here's the breakdown for the lead gen 101 section (pictures not included) đ
How to spot this:
- âLeadsâ coming through arenât true demo requests/handraisers - these prospects arenât ready to start the purchase process
- The lack of quality/premature nature of these show up when you look at the conversion rate between âLeadsâ and SQOs
- Often shows itself when you see a âtoo good to be trueâ cost per âleadâ, but high cost per SQOÂ (function of a low lead â SQO conversion rate)
- Even those that make it to the traditional SQO stage often close at a lower rate than they should because theyâre being pushed through the funnel vs. being more naturally pulled through it
How to fix this:
- Split the funnel by lead sources (demo requests, webinar leads, etc.) to understand if specific programs/campaigns can be optimized/removed
- End programs/campaigns that are budget drains while continuing/iterating
off those that can be salvaged (specific keywords in search, social
campaigns with high engagement - understand why, etc.)
- Ungate âleadâ assets + let them be consumed for free
- Stop passing these types of false âleadsâ over to Sales as âqualifiedâ
***Note: High-intent handraisers like demo requests wonât be impacted as they donât come in through these campaigns
- Reallocate spend from these lead gen campaigns to efforts that generate more efficient handraisers + SQOs
What this looks like as itâs played out over a few quarters:
- Your âdemoâ requests line is going to decrease drastically. Donât freak out, this should decrease because what was being counted here before werenât actually demo requests.
***Pro tip: make sure you communicate this to your leadership team ahead of time though or youâre going to wake up to a lot of âWTF HAPPENED!?â emails when they get the first report
- Your cost per demo is going to increase drastically for the same reason as above. This is expected + ok.
- Most importantly, youâll see your demo â SQO conversion rate shoot through the roof compared to before (+ your sales team will start to love you again)