The Right Way to Calculate B2B Marketing Goals

[Shakhawat]

One of the biggest challenges that we've found digital marketers face today is how to set and measure the goals for their department. Of course, every company has different goals it hopes to achieve with its marketing. However, for most B2B companies, teams are tasked with lead generation, sales pipeline contribution and revenue generation, or what we like to call pipeline marketing.

To help marketers make this leap, we've built a visitor-to-customer paytm database revenue template and wrote this blog post to walk you through the important steps of building out your marketing goals.

This template will help you work your way up the marketing funnel starting from your end revenue goals all the way to your top of funnel lead generation goals. It will also help you answer the question: how does my company compare to other B2B companies?

Download our Marketing Goals Calculator Template to find out just how many contacts you need at each stage of the funnel.

While assessing this model remember, improving the effectiveness of your funnel will also help to improve other important SaaS metrics like customer acquisition cost (CAC) and pay-back period.

Step 1
The first step of your model is to determine how much revenue your marketing and sales teams need to generate for the 2015 fiscal year. marketing-goals-step-1.png

Step 2
The second step in your model is to determine the percentage of this revenue that will come from your digital marketing efforts—with prospects passing through your website—and move through your inbound lead marketing-to-sales handoff process.

marketing-goals-step-2.png

If you're not sure where to start, Insight Venture Partners' benchmarks suggest that marketing sources 41 percent of a B2B company's pipeline. Although, we've seen this number vary substantially based on the current structure and goals of each company.

Step 3
The third step in your marketing goals' development is to determine the average revenue generated per customer. Knowing the annual value of your customers is pivotal in evaluating your overall pipeline, as it reflects both the payback period and the customer lifetime value when analyzed in conjunction with customer acquisition cost.