Marketing and MEDDIC

Often, sales qualification and the common language of sales are wrongly mistaken for only applying to salespeople.

All members of the go-to-market ecosystem can benefit and help qualify leads and pipeline to ensure greater pipeline conversion.

By having all teams singing from the same hymn sheet, a common language creates efficiencies across teams for greater success.

A great example of this is in the marketing department.

How does MEDDIC/MEDDPICC impact marketing?

Marketing teams are vital to ensuring the right focus and drive into markets that need the products and services you want to sell by:

• Researching the market to identify potential customers for your products or services. 
• Creating profiles of individuals within your target customers to identify potential buyers. 
• Persuading someone that your product or service is worth considering.
• Attracting an audience to your products and services.
• Delivering value for customers through content demonstrating value and building brand loyalty.
• Increasing early-stage leads.

Search a little bit more, and it won’t be long before you find the Four Ps of Marketing:

• Product: What is your offering? What role does it fulfil? What problem does it solve? What are its differentiators? 
• Price: What price do you charge? What benefits do you deliver to justify the cost? What does your competition charge?
• Place: Where do you sell your products and services? What is your target market?
• Promotion: How do you inform potential buyers and influencers about your product or services? 

Where do the Four Ps of Marketing fit with MEDDIC and MEDDPICC? 

MEDDIC is a sales qualification tool, so why should anyone in marketing care? 

Well, yes, MEDDIC is a sales qualification tool, but that isn’t about sales the organisation, it is about sales the function. 

This sales function sits side by side with the marketing function and, for that matter, every other function within the organisation. 

If we look at some of the activities that marketing teams undertake, we can see where the specific MEDDIC/MEDDPICC letters are pertinent:

Although you might be responsible for the pipeline number in marketing, the company is measured by revenue and margin. 

The marketing team plays a role here by creating an all-encompassing marketing and communication strategy that runs throughout the sales cycle. 

This strategy brings all the separate pieces together, ensuring that the sales team effectively targets accounts and opportunities, closes more opportunities and closes them with increased velocity, thus increasing revenue and margin.

Creating a common language for the whole team can create an effective end-to-end marketing and communication strategy. That language can be MEDDIC/MEDDPICC.

Seeking to inspire a culture of “everyone sells”? Use MEDDIC as a guide to focus your internal and external communication on what is important: the value your solutions deliver for your customers. 

Are you already an inspir’em member? You can log in today to take advantage of your digital learning resources and pose questions to our coaches in our growing online community.

Not an inspir’em member? You can look at what inspir’em membership can do to accelerate your sales process.