Aug 2, 2022
What is Marketing Led-Growth (MLG)? (And How to Transition From Sales-Led Growth from 1980s)
Marketing-Led Growth (MLG)= prioritize Marketing > Sales to grow and profit
Marketing generates customers via buy now, free trial activations via free trial, and leads for Sales via website demo requests
Influences buyers directly + indirectly thru peers to become aware, learn, try, buy. Drives buyers to website to self-serve (learn, try, buy) to extent possible and desired—with OPTION for Sales. Website = 24/7 marketer and seller, best a company has
Via proper, modern, non-spam marketing tactics: website, content, social, ads, events, co-marketing, influencer/expert, partnerships, referral, affiliate, community, networking, WOM, sponsorships, in-product, advisory board, self-service, customer marketing, buyer interviews for feedback etc
Sales is a support function to Marketing to help mostly with post-sale fulfillment: implementation, adoption, succes. Sales is more “CSM” than “AE”. Sales can report to Marketing
MLG is aligned with modern buyer preferences and modern Marketing and Sales. Buyers want little-to-zero Sales; mostly-to-100% Marketing. Buyers want Sales where Marketing can’t
*PLG = euphemism for free trial, which is an aspect of MLG
Sales Development (SD) = spam. Unnecessary and more harm than good relative to Marketing. Handcuffs, preempts, counteracts, and crowds out Marketing while hiding behind Marketing and riding off of Marketing's coattails. SD poison in Marketing champagne. Gradually repurpose SD into Marketing to unlock profit and growth. SD first to thank you
𝐁𝟐𝐁 𝐬𝐭𝐮𝐜𝐤 𝐢𝐧 𝐒𝐚𝐥𝐞𝐬-𝐥𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐟𝐫𝐨𝐦 𝟏𝟗𝟖𝟎𝐬: Info a buyer needs to learn, try, buy artificially "gated" behind Sales. Marketing forced to generate contact info of uninterested buyers (MQL hamster wheel) via gated content. Then prioritize MQLs based on buyers’ engagement with Marketing ("lead"scoring, “lead” intent). B4 Marketing can finish giving buyers info to learn, try, buy, or request to speak to Sales—SD “pro-actively” spams buyers to turn some buyers off and push some buyers artificially and prematurely to Sales to get info they should have gotten from Marketing. Sales Assembly Line (AE-CSM split etc) for buyer handoffs among bloated Sales org of partial sellers. Quota and Commission pressure Sales to pressure-sell, and for Sales to pressure Marketing to pressure buyers with spam (SD)
❌Profit, growth, revenue, pipeline, CAC, CAC Payback, win rate, sales cycle, CLV, expansion, retention, market share, reputation, WOM
❌Mega resources🗑️ Marketing + Sales underperforming, high turnover, low tenure, low job satisfaction
𝐌𝐨𝐝𝐞𝐫𝐧𝐢𝐳𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠-𝐋𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐯𝐢𝐚 𝐓𝐡𝐞 𝐁𝐮𝐲𝐞𝐫 𝐂𝐞𝐧𝐭𝐫𝐢𝐜 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐌𝐨𝐝𝐞𝐥. 𝐀𝐝𝐨𝐩𝐭 𝐌𝐎𝐃𝐄𝐑𝐍 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 + 𝐒𝐚𝐥𝐞𝐬 𝐦𝐨𝐝𝐞𝐥 𝐛𝐮𝐢𝐥𝐭 𝐟𝐨𝐫 𝐓𝐎𝐃𝐀𝐘, 𝐧𝐨𝐭 𝟒𝟎 𝐲𝐞𝐚𝐫𝐬 𝐚𝐠𝐨. 𝐅𝐨𝐥𝐥𝐨𝐰 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤. 𝐀𝐜𝐡𝐢𝐞𝐯𝐞 𝐩𝐫𝐨𝐟𝐢𝐭, 𝐠𝐫𝐨𝐰𝐭𝐡, 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐚𝐝𝐯, 𝐦𝐨𝐫𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐯𝐞 + 𝐟𝐮𝐥𝐟𝐢𝐥𝐥𝐢𝐧𝐠 𝐜𝐚𝐫𝐞𝐞𝐫𝐬. 𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭
To learn more about the model, check out past LinkedIn vids or the book: “Marketing-Led Growth via The Buyer Centric Revenue Model”. Available on Amazon in ebook, paperback, audiobook.
𝐉𝐨𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠-𝐋𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 (𝐌𝐋𝐆) 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭 in a Slack forum/community to discuss and implement Marketing-Led Growth via The Buyer Centric Revenue Model. Insights, resources, jobs. Live Q&A Thurs at 11am PST. Sign up https://www.buyercentricrevenue.com/.Join the vanguard of progress