Joshua Feinberg discusses how a digital infrastructure investment firm can impact sales cycles for data center businesses by leveraging board seats to influence strategy.
He suggests that regular events for portfolio company leaders can facilitate peer-to-peer learning and best practice sharing, potentially shortening sales cycles. These events could cover topics like customer insight research, lead segmentation, and account-based marketing.
Additionally, he proposes using transparency dashboards to track company performance metrics while recording and archiving event content for ongoing education.
This approach aims to create a collaborative environment that enhances sales and marketing effectiveness within the investment firm's portfolio.
This video is excerpted from the podcast Ep. #61 Joshua Feinberg, CEO of DCSMI | Data Center Go-to-Market Podcast.
Action Items
- Organize monthly events/webinars for portfolio companies' sales and marketing leaders to share best practices on sales cycle acceleration.
- Investigate creating a transparency dashboard to track and compare sales cycle metrics across portfolio companies.
- Set up a protected wiki or repository to store recordings, slides, and transcripts from the events, which new hires can access.
Outline
Impact of Digital Infrastructure Investment on Sales Cycles
- Joshua Feinberg discusses how venture capital or private equity firms in digital infrastructure can impact sales cycles for data center businesses.
- He explains that these firms often hold board seats, significantly influencing company operations, including sales strategies.
- Feinberg highlights the importance of board seats in shaping how digital infrastructure companies go to market and addressing the length of their sales cycles.
- He mentions that VC and private equity firms often organize events for stakeholders from different companies to share best practices and learn from each other.
Strategies for Sales Cycle Acceleration
- Feinberg suggests that investment firms can bring together heads of sales, marketing, product, and other key roles from their portfolio companies to discuss best practices.
- He emphasizes the value of peer-to-peer learning and bringing in experts to share insights on sales cycle acceleration.
- The discussion includes strategies like customer insight research, lead segmentation, CRM management, email marketing personalization, and Account-Based Marketing.
- Feinberg stresses the importance of cross-pollinating best practices across all revenue and go-to-market teams within the portfolio companies.
Educational Initiatives and Transparency
- Feinberg proposes that investment firms start with education and then consider implementing leaderboards and transparency dashboards.
- He acknowledges the challenge of normalizing metrics across different portfolio companies due to diversification.
- The idea is to allow companies to see how the group performs collectively regarding sales cycle length and other key metrics.
- Feinberg suggests that recording and sharing event recordings, slides, and transcripts can help in continuous learning and improvement.
Creating a Sales Cycle Academy
- Feinberg envisions creating a sales cycle acceleration or demand generation academy for portfolio companies.
- This academy would provide a competitive advantage by sharing best practices and educational resources.
- He recommends engaging in best practices like recording events, hiring videographers, and creating a protected area for accessing these resources.
- The goal is to help portfolio companies improve their sales cycles and market strategies through continuous learning and collaboration.
Resources
Watch the full podcast Ep. #61 Joshua Feinberg, CEO of DCSMI | Data Center Go-to-Market Podcast
- Connect with Joshua Feinberg, CEO at DCSMI, on LinkedIn
- Follow DCSMI on LinkedIn
- Follow the Data Center Go-to-Market Podcast on LinkedIn
- Learn About DCSMI
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