Planning Assumptions for Marketing and Sales in 2020

2019 has been the year of disruption. From the growth of the revenue operations model to the introduction of new technology solutions that enhance business leader’s abilities to make better decisions, changes are happening daily in the B2B world, and more are sure to come in 2020. There is no foretelling what will be the next big thing in 2020, but sales and marketing leaders can better prepare their teams for changes by turning their planning sessions from a rigid, statistical exercise to a dynamic practice by incorporating these assumptions into their 2020 planning.

1. Team alignment

One of the most impactful disruptions in 2020 for B2B organizations will be revenue operations (RevOps). The heart of revenue operations is the alignment of marketing, sales and customer success operations and their go-to-market teams around one single north-star goal: revenue. Compared to legacy organizational models that divide teams based on business functions with individual incentives, goals, and metrics, revenue operations organizes business functions and ensures that the go-to-market teams have a unified 360-degree view of the customer experience. 

Revenue operations will continue to gain traction, making it a key assumption for sales and marketing leaders in planning for 2020. SiriusDecisions, whose research on the rise of revenue operations has become something of a cornerstone for the B2B industry’s transition, found in a recent study that “organizations that deployed revenue ops in some form grew revenue nearly three times faster than those that didn’t. Public companies with revenue ops also had 71% higher stock performance.”  What these findings reveal [1]is that “alignment is the key to building a revenue engine focused at once on customer needs and the organization’s growth goals.

Keep in mind that RevOps is not eliminating or replacing any functions, so the key is to break down communication silos to foster alignment between operational functions. According to the SiriusDecisions research brief, Marketing Operations: Planning Assumptions 2020,  “joint sales, marketing and customer success operational responsibilities, such as planning, processes, infrastructure, data and measurement, are ideal targets for aligning these functions.”

2. AI Influences

AI is changing the game with its ability to upscale human capabilities and provide us with faster, deeper and more accurate insights. By connecting cross-functional data throughout customer lifecycles, AI is producing predictions and recommendations on the next best actions instantly, replacing days or weeks of human labor needed to produce such predictions traditionally.

If you already have a tightly connected structure with open and free communication across systems, great! AI can help you react faster and more accurately to disruptions in the environment by continually learning from all the data distributed throughout the systems. If you’re still battling fragmented teams, AI can help solidify your revenue ops engine by providing real-time data, predicting future trends and helping the organization become more adaptable to changes.

For sales, AI gains visibility into real-time sales data and suggests and automates sales activities based on its analysis of such data. Current sales automation platforms are turning from a supporting tool for reps into a management tool for managers to track and monitor individual performance based on a uniform set of metrics. AI-powered guided selling systems, on the other hand, analyze the constant changes in customer behaviors and contexts and suggest the next best activities to move a customer down the funnel. They are sales’ private navigator throughout the customer lifecycle.

For managers, it means spending  less time on managing performance metrics and more on actually coaching their reps and aligning sales processes with customer life cycles. According to the State of Conversion Intelligence Report, reps win more when their managers listen to more calls. In other words, the more time managers spend in-action with their reps, away from the monitor and all those numbers, the more successful their reps become. That can now be achieved with the help of AI assistants that improve pipeline visibility, reduce risk and coach sellers in the moment.

In a world where operational excellence no longer suffices, leveraging the power of AI to become an agile organizationresponsive, adaptive and competitivewill eventually become a must-do for organizations to succeed in 2020 and beyond.

3. Agile Methods

With revenue operations, marketing, sales, and customer success need move as a pack instead of individual functions, making the elimination of cross-team friction a priority for any sales and marketing leaders. This is no easy feat given the natural tendency to silo. In order for go-to-market teams to achieve that, they need to be able to communicate freely and change their actions mid-course quickly. That’s why RevOps teams are turning to an agile method[1] [2] , according to the SiriusDecisions research brief, which stresses collaboration, accountability, and transparency, allowing organizations to anticipate and embrace changes effectively.

A common practice for sales teams looking to apply agile methods is scrum. “Within agile, scrum is a project management system that drives teamwork, accountability and iterative progress toward clearly defined goals,” as defined in SiriusDecisions’ research brief, Sales Operations: Planning Assumptions 2020 . The scrum framework is built to enable continuous learning and adjustments to changing and fluctuating environments. If agile is a mindset, then scrum is the practice to start building an agile mentality into your organization’s daily activities.

 The agile methodologies can be applied to both the planning processes for marketing and sales as well. Agility in planning will open up space for regular review and feedback collection. The result is value delivery in frequent increments to both customers and stakeholders.

The end of the year is a stressful time for both sales and marketing leaders with goals to meet and deadlines to hit . Planning for the new year while still checking all the year-end boxes in this constantly changing environment is not an easy task, but with these assumptions, you can still set your team up for success in 2020

[1]Revenue Operations and the CMO: Game Changer or Game Over?, SiriusDecisions blog, June 13, 2019

Don’t leave yet! If you liked what you read, check out all the sales and marketing assumptions from SiriusDecisions. Or reach out to usto learn more about how InsightSquared can help you and your revenue ops team make better decisions by equipping them with actionable, real-time intelligence on sales and marketing KPIs.

You Might Also Like…

sales forecasting benchmark calculator blog image
Introducing Our Sales Forecast Calculator
Does your forecast process have room for improvement? Unsure where to start? Sales Forecasting informs every layer of your business, from individual revenue goals to the implementation team’s staffing strategy to product expansion. Confident in your forecast for growth? You can move fast when it comes to hiring and roadmap innovation. Unsure, decisions get much trickier. According to the 2021 State of Sales Forecasting Report: 68% of participants missed their forecast by more than 10% 9 out of 10 reported missing their predicted forecast by 6% or more Only 52% acknowledged even measuring forecast accuracy Suffice to say, there’s significant…
View Now
sales dashboard examples and templates
7 Sales Dashboard Examples and Templates
Looking for Sales Dashboard examples and templates? You’re not alone. Everyone wants to be data-driven. But too many people take the wrong approach when it comes to analytics – they lack focus and intent. They report reactively, as opposed to monitoring the data in real-time, even better, predicting, so they can coach and optimize. Why Use Sales Dashboards? Sales teams move fast. And their progression towards goals impacts almost every area of the business. From marketing to implementation, product to finance. On a daily basis, revenue leaders have critical questions they must answer — and the answers must be rooted…
View Now
5 Sales Forecasting Stats You Can’t Afford to Ignore
We don’t have to tell you: the importance of your sales forecast is undeniable. It drives countless decisions across your organization and provides a view into future revenue levels based on consumer behavior and buying trends. Your forecast even helps guide performance goals for the company moving forward. Yet the benefits your forecast provides are almost completely nullified if the data driving it is inaccurate or incomplete. Getting an accurate forecast is the name of the game. But forecast accuracy is dependent on the quality of the CRM data feeding it. The bad news is, CRMs aren’t connected to the…
View Now

See Revenue Intelligence in action.

Schedule a demo of our 6 in 1 platform today!