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CMO Advisory Best Practices Series: Sales Enablement - Marketing Content and Asset Management

Product Type: Market Research Report
Published by: IDC
Published: August 2009
Product Code: R104-39892
Description

This IDC study assesses the current state of the people, process, and technology involved in sales enablement, with a focus on marketing content and asset management, including identifying best practice companies in these areas. This study provides a road map for marketing to improve sales enablement from a people, process, and technology perspective, including case studies from best practitioners. The results of this study are based on interviews with marketing and sales enablement professionals in major technology companies, including Avaya, CA, Hitachi, HP, Intel, Kodak, Quest Software, Siemens, Sun, Symantec, and VMware. Insights are also included from IDC's recent Marketing Operations Leadership Board meeting and IDC's annual Tech Marketing Benchmarks and Barometer Surveys.

"As marketers, we've invested too much of our resources that have not been leveraged by sales and our customers — over 40% of marketing assets are not in use today, due to either lack of relevancy, asset credibility, or an inability for users to find these assets," said Michael Gerard, VP research, IDC's CMO Advisory Service. "Marketing and sales leaders will reverse this trend of wasted resources by assigning accountability for this and related processes; developing and executing more consistent processes for asset creation, deployment, and maintenance; and executing a more consolidated sales portal strategy that integrates with sales CRM applications and leverages new social media trends and technologies."

Table of Contents
Table of Contents
IDC Opinion

In This Study
Methodology
Situation Overview
What Is Sales Enablement?
The Marketing Asset Life Cycle
Definitions
Who Is Accountable for the Marketing Asset Life Cycle?
Key Processes for Content and Marketing Asset Management
Current State of Marketing Assets in the Technology Industry
What Processes Do You Have for Assuring Content and Marketing Asset Quality?
Best Practice Case Study: Marketing Content Board (Avaya)
Do You Understand Your Customers' Buying Process as Well as Their Content and Marketing Asset Needs?
IDC Customer Experience Data and Its Relevance to Sales Enablement
Sales Enablement Technology
Best Practice Case Study: Leveraging Sales Enablement Technology (VMware)
Technology — VMware's Utilization of SAVO
VM Vault
The "Esch" File
VM Radio
VM Express
Best Practice Case Study: Leveraging Web 2.0 for Sales Enablement (Sun)
Future Outlook
Essential Guidance
Learn More
Related Research
Synopsis
Table: Sales Representatives' Time Spent on Preparation Activities by Marketing Impact Level (Mean Hours Per Week)
Table: Sales Information Distribution Method by Marketing Impact Level (Mean %)
Figure: Marketing Organization Priorities, 2009
Figure: Marketing's Effectiveness at Optimizing Worldwide Sales from a Marketing and a Sales Perspective, 2007–2009
Figure: IDC's Sales Productivity Framework
Figure: IDC's Marketing Asset Life Cycle
Figure: Involvement of Corporate Marketing, Business Units, and Regions Along the Marketing Asset Life Cycle
Figure: Marketing Organization of the Future
Figure: Sales Enablement Reporting Structure
Figure: Existence of Sales Enablement by Company Revenue, 2009
Figure: Marketing Asset Usage
Figure: Reasons Why Marketing Assets Are Not in Use Today
Figure: Percentage of Marketing Assets That Need to Be Updated or Retired
Figure: Hours Spent Per Week Consuming Third-Party Information to Support Purchase Decisions
Figure: Sales Representatives' Workday Tasks
Figure: Sales Portal Capabilities
Figure: VMware's VM Vault
Figure: VMware's Esch File
Figure: VMware's VM Radio
Figure: VMware's VM Express
Figure: Sun's Sales Enablement: Catering to Busy Sales Reps
Figure: Sun's Sales Enablement: Peer-to-Peer Versus Formal Content Creation
Figure: Sun's Sales Enablement: Leveraging Key Social Networking Capabilities
Ordering and More Information
Price and Delivery Options



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