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B2B Marketing Benchmark Studies

October 8, 2014 By Josh Hill

Quite a few people ask me, “What are good benchmarks to measure myself against?” Often this question occurs as a company is optimizing their lead funnel or reporting so that is it is more reliable. The marketer then wants to know if 10% of leads go to MQL (marketing qualified lead), is that good or bad compared to the rest of the world?

Before you benchmark externally, benchmark internally first. Have a few months or even a year of solid data where you can see the daily or monthly change in funnel movements. Marketo’s Revenue Cycle Model is a good starting point. After several months, there is enough data to say your Engaged to MQL rate is 7%, for example. If you see one month is at 12% and another is at 2%, then investigate the marketing activities going on then. Perhaps it was Christmas and leads stopped picking up the phone, or perhaps that big content program was a flop.

Only once you have a clear funnel conversion rate can you ask about external benchmarks. These benchmarks are difficult to find for free, or at all. Through careful research, I have collected several credible papers for sales funnel numbers and email deliverability.

Funnel Benchmarks

  • Marketo’s B2B Enterprise Content Marketing Benchmarking Study(2014)
  • Aberdeen Marketing & Sales Performance: The Roadmap to Revenue and Its Tollgates (April 2014)
  • Aberdeen Event Marketing (Nov 2013)
  • Marketing Sherpa’s Funnel Optimization – with CPL numbers. (July 2011)
  • Marketing Sherpa’s B2B Marketing Benchmarks (2012)
  • Sirius Decisions and Funneholic – Video (2013)

Email Deliverability Benchmarks

  • EmailStatCenter – clearinghouse of report info
  • ReturnPath Email Deliverability Benchmarks (2014)
  • Silverpop/IBM Email Marketing Benchmarks (2014)
  • Marketing Sherpa’s Email Deliverability Report (2013)
  • Marketo’s Email Marketing Benchmarks (2011)
  • Experian’s Global Email Deliverability Benchmarks (2011)

Best of luck preparing for 2015!

Filed Under: Demand Generation

Trackbacks

  1. Working Forwards and Backwards: The Two Important Mindsets for Marketers says:
    April 11, 2016 at 2:04 pm

    […] To build your own version, you need to figure out how many trials lead to how many opportunities, and how many of those lead to closed deals. If you don’t have a good handle on conversion rates for each stage of the funnel, you can find some industry benchmarks that are relevant to your business. There are many places to find these. Marketing Rockstar Guides has put together a nice list. […]

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