PE M&A Activity ↑12.4%│ Industrial EBITDA Multiples 7.2×│ B2B Buyer Trust Index ↓31%│ SEO Click-Through Rate ↓44%│ LMM Deal Volume ↑8.1%│ Sales Hire Failure Rate 67%│ Organic Growth Gap 2.3× plan│ PE Dry Powder $2.59T│ PRESS: Ed Marsh at PE Operating Partners Summit│ DEAL: Midwest controls automation acquired at 7.8×│ PE M&A Activity ↑12.4%│ Industrial EBITDA Multiples 7.2×│ B2B Buyer Trust Index ↓31%│ SEO Click-Through Rate ↓44%│ LMM Deal Volume ↑8.1%│ Sales Hire Failure Rate 67%│ Organic Growth Gap 2.3× plan│ PE Dry Powder $2.59T│ PRESS: Ed Marsh at PE Operating Partners Summit│ DEAL: Midwest controls automation acquired at 7.8×│

'We've got enough leads' you tell the inbound marketing consultant

An inbound marketing consultant with substantial business experience will help to increase flow of ideal leads...not just responses...and then revenue

 

Managing leads like profitability (while ignoring cash flow!)

You've heard the story enough to tell it yourself.  The successful entrepreneur who builds a thriving business, relies on his accountant to prepare filings and reports (but not for strategic & tactical insights) and eventually craters the business because of a myopic focus on the monthly bottom line....at the expense of healthy cash flow.

There's a reason that modern management relies on "dashboards." A carefully selected assortment of metrics compliment eachother, collectively offering a textured view of the business.  Individually each is subject to vastly ranging interpretations - but together they are particularly meaningful.

There's an analogous need in pipeline management - but too often lead generation is treated like finance in the earlier example.  "Number of leads" is tracked at the expense of viability.  And it's always easy to bump the number of leads - even to th eoint of overwhelming sales.

And sadly that metric misleads many managers to conclude that business development is successful....until the revenue growth piece (lack of) suddenly emerges as an existential crise.

What's a lead?

If you still define a lead as someone who's popped up and asked for some information, you're in trouble.  You can flood your sales team with more follow up than they can handle - chasing companies that have selected you to fulfill the important role of 3rd quote provider.

 

 

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Ed Marsh
Ed Marsh
Ed Marsh is an independent board director, NACD Governance Fellow, and founder of Ed Marsh Consulting, which helps private equity sponsors and industrial manufacturers drive organic revenue growth. He hosts the Industrial Growth Institute Podcast and writes at edmarshconsulting.com.
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