The Problem
For five years following the acquisition, the social media company operated using the same marketing infrastructure as its parent company. They even shared single instances of Salesforce and Marketo.
Once the companies decided to part ways, both needed to rebuild these vital parts of their businesses from scratch.
The problem was they didn’t have time.
“We were really trying to grow as quickly as possible,” explained Megan, their Director of Marketing. “There wasn’t a lot of structure, from a marketing-operations perspective, so we were tasked with basically building a lead-generation engine from the ground up. It needed to be able to handle a high volume of leads and still be flexible enough to allow us to really get creative with our campaigns.”
Megan’s leadership expected her marketing team to launch big campaigns and crank up media spend to bring in much-needed new revenue.
“But we didn’t have the kind of traditional marketing operations architecture in place to take full advantage of that spend,” Megan explained. “We needed tools to do things like check the ROI of our campaigns, do campaign attribution, and understand our cost-per-lead and cost-per-opportunity.”
As a result, they were spending a sizeable amount of money without visibility into what channels were working well or where leads were coming from.
“This made it impossible for the inbound sales team to work the leads they received in an effective way,” Megan said.