SlideShare a Scribd company logo
1 of 12
The early stage marketing team blueprint
Dave Hawley
www.davehawley.io
2
Key question determine your GTM model
• Is your product a new category, or a better version of an existing product?
• Buyer awareness of issue your product solves for dictates investment in product marketing
(to educate on how important this is) versus lead generation (to find the people who should
care how important this is).
• What’s your price?
• Average price dictates sales motion (over the phone vs “in person,” sales, the need for
sales development and sales cycle length and lead volume required.
• How many sales people are already hired?
• Demand generation capacity needed to hit sales volume should dictate the amount of lead
generation that is needed.
3
Key question determine your GTM model
• High volume or high renewal/upsell/cross sell GTM model?
• If high-volume sales, plan on more demand generation and/or sales development earlier.
• If high renewal/upsell/cross sell is your goal hire for product, customer marketing and
content marketing earlier.
• How specific does marketing need to target your buyer?
• What combination of factors (industry, region, category, use case, buyer, user, etc.) do leads
need to include for sales to close deals predictably?
• The more narrow this is, the more you need product marketing.
• The broader this is, the more you need demand generation.
4
You are not hiring a sales & marketing team
• You are hiring a GTM team
• The goals of marketing and sales should be tightly aligned to create alignment
and “healthy pressure,” around messaging, pipeline and revenue goals.
• Shared goals can be a great way to get started on sales and marketing
alignment.
• When this isn’t the mentality, sales and marketing alignment becomes difficult
(and it’s a painful and difficult problem to solve).
5
The 80/20 budgeting rule for early stage marketing
• 80% of time, effort and budget should go to lead generation
• Demand generation is “oxygen,” for a sales team at the early stage (once it has run through
it’s rolodex)
• Pipeline volume growth is the biggest indicator of marketing success in the early stage
• 20% of time, effort and budget should go to brand (PR, events, original
content, social media)
• Some branding investments are required but don’t pay off in year one. If you overspend
here, you won’t have the capital to keep the “oxygen on”
• You have a “mini brand,” and while you should look to maintain/grow it, don’t do so at a high
cost to lead generation
6
Build a team around key levers of the go to market
formula
Revenue target =
Lead volume (x)
Conversion to sales rate (x)
Sales close rate (x)
Average sales price (x)
*awareness investments support all of the above in measurable and unmeasurable ways (see
demand generation formula)
7
Hire team to support your go to market formula
• Lead volume
• Hire lead generation / marketing ops for pipeline
• Measure on lead volume growth, budget adherence, conversion to sales rate growth
• Hire SDR as alternative - measure on pipeline growth and close rate of sourced deals
• Conversion to sales rate
• Hire SDR / SMB sales for volume sales handoff
• Measure on volume goals, conversion to sales rate and close rate
• Sales close rate and average sales price
• Hire PMM / sales enablement / content (in enterprise only)
• Measure on close rate and average sales price
8
What type of person to hire ?
• Demand Gen
• Experimental mindset
• Hypothesize, test, measure, repeat
• Marketing “engineer,” (websites, landing pages, email and digital marketing)
• PMM
• Research minded / high empathy for buyer
• Motivated to be “In the field,” with sales
• Agile content delivery
• SDR
• Dedicated
• Energetic
• Coachable
9
Who to hire first ?
Look at the GTM formula – and place your bets
Lead volume is the easiest to drive, but costs the most
Sales close rate is the cheapest, but hardest to drive
Conversion to sales rate is in between
10
Archetype early stage Saas GTM team
• Awareness
• Outsourced to PR firm for their rolodex primarily
• Sales development
• Hired mainly for deals that average > $50k, typically 2nd to 4th sales hire (see 3:1 ratio)
• Lead generation
• Typically the first marketer to be hired and the first to be fired
• Hire demand generation after product market fit and after (see) message market fit
• Product/content marketing
• Typically hired “too late,” after lead generation efforts do not yield acceptable results
• Demand generation is the most expensive way to “test your message,”
11
Flip the typical process on its head
• There is a better way than the archetypical process
• Ideally know you buyer and their concerns intimately before you spend budget on awareness or
demand generation
• Steps to avoid this tactic
1. Narrow down your TAM
2. Define your immediately addressable market buyer intimately (see IAM) (see the intimate champion
profile) and test GTM and buyer hypothesis (the role of third grade)
3. Attack your immediately addressable with proven messages and awareness and demand generation
budget
1212
Learn how an experienced partner can
help you build, improve your expand
your early stage
GTM team
www.davehawley.io

More Related Content

Recently uploaded

8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCRalexsharmaa01
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Call Girls Contact Number Andheri 9920874524
Call Girls Contact Number Andheri 9920874524Call Girls Contact Number Andheri 9920874524
Call Girls Contact Number Andheri 9920874524najka9823
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 

Recently uploaded (20)

8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Call Girls Contact Number Andheri 9920874524
Call Girls Contact Number Andheri 9920874524Call Girls Contact Number Andheri 9920874524
Call Girls Contact Number Andheri 9920874524
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 

Featured

How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationErica Santiago
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellSaba Software
 
Introduction to C Programming Language
Introduction to C Programming LanguageIntroduction to C Programming Language
Introduction to C Programming LanguageSimplilearn
 

Featured (20)

How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
 
Introduction to C Programming Language
Introduction to C Programming LanguageIntroduction to C Programming Language
Introduction to C Programming Language
 

The Early Stage SaaS Marketing Team Blueprint

  • 1. The early stage marketing team blueprint Dave Hawley www.davehawley.io
  • 2. 2 Key question determine your GTM model • Is your product a new category, or a better version of an existing product? • Buyer awareness of issue your product solves for dictates investment in product marketing (to educate on how important this is) versus lead generation (to find the people who should care how important this is). • What’s your price? • Average price dictates sales motion (over the phone vs “in person,” sales, the need for sales development and sales cycle length and lead volume required. • How many sales people are already hired? • Demand generation capacity needed to hit sales volume should dictate the amount of lead generation that is needed.
  • 3. 3 Key question determine your GTM model • High volume or high renewal/upsell/cross sell GTM model? • If high-volume sales, plan on more demand generation and/or sales development earlier. • If high renewal/upsell/cross sell is your goal hire for product, customer marketing and content marketing earlier. • How specific does marketing need to target your buyer? • What combination of factors (industry, region, category, use case, buyer, user, etc.) do leads need to include for sales to close deals predictably? • The more narrow this is, the more you need product marketing. • The broader this is, the more you need demand generation.
  • 4. 4 You are not hiring a sales & marketing team • You are hiring a GTM team • The goals of marketing and sales should be tightly aligned to create alignment and “healthy pressure,” around messaging, pipeline and revenue goals. • Shared goals can be a great way to get started on sales and marketing alignment. • When this isn’t the mentality, sales and marketing alignment becomes difficult (and it’s a painful and difficult problem to solve).
  • 5. 5 The 80/20 budgeting rule for early stage marketing • 80% of time, effort and budget should go to lead generation • Demand generation is “oxygen,” for a sales team at the early stage (once it has run through it’s rolodex) • Pipeline volume growth is the biggest indicator of marketing success in the early stage • 20% of time, effort and budget should go to brand (PR, events, original content, social media) • Some branding investments are required but don’t pay off in year one. If you overspend here, you won’t have the capital to keep the “oxygen on” • You have a “mini brand,” and while you should look to maintain/grow it, don’t do so at a high cost to lead generation
  • 6. 6 Build a team around key levers of the go to market formula Revenue target = Lead volume (x) Conversion to sales rate (x) Sales close rate (x) Average sales price (x) *awareness investments support all of the above in measurable and unmeasurable ways (see demand generation formula)
  • 7. 7 Hire team to support your go to market formula • Lead volume • Hire lead generation / marketing ops for pipeline • Measure on lead volume growth, budget adherence, conversion to sales rate growth • Hire SDR as alternative - measure on pipeline growth and close rate of sourced deals • Conversion to sales rate • Hire SDR / SMB sales for volume sales handoff • Measure on volume goals, conversion to sales rate and close rate • Sales close rate and average sales price • Hire PMM / sales enablement / content (in enterprise only) • Measure on close rate and average sales price
  • 8. 8 What type of person to hire ? • Demand Gen • Experimental mindset • Hypothesize, test, measure, repeat • Marketing “engineer,” (websites, landing pages, email and digital marketing) • PMM • Research minded / high empathy for buyer • Motivated to be “In the field,” with sales • Agile content delivery • SDR • Dedicated • Energetic • Coachable
  • 9. 9 Who to hire first ? Look at the GTM formula – and place your bets Lead volume is the easiest to drive, but costs the most Sales close rate is the cheapest, but hardest to drive Conversion to sales rate is in between
  • 10. 10 Archetype early stage Saas GTM team • Awareness • Outsourced to PR firm for their rolodex primarily • Sales development • Hired mainly for deals that average > $50k, typically 2nd to 4th sales hire (see 3:1 ratio) • Lead generation • Typically the first marketer to be hired and the first to be fired • Hire demand generation after product market fit and after (see) message market fit • Product/content marketing • Typically hired “too late,” after lead generation efforts do not yield acceptable results • Demand generation is the most expensive way to “test your message,”
  • 11. 11 Flip the typical process on its head • There is a better way than the archetypical process • Ideally know you buyer and their concerns intimately before you spend budget on awareness or demand generation • Steps to avoid this tactic 1. Narrow down your TAM 2. Define your immediately addressable market buyer intimately (see IAM) (see the intimate champion profile) and test GTM and buyer hypothesis (the role of third grade) 3. Attack your immediately addressable with proven messages and awareness and demand generation budget
  • 12. 1212 Learn how an experienced partner can help you build, improve your expand your early stage GTM team www.davehawley.io