Understanding Revenue Models understanding-revenue-models

Revenue cycle models take marketing to the next level. They model all the stages of your entire revenue funnel—from when you first interact with a lead all the way until the lead is a won customer.

Mental Model (How to think about this thing) mental-model-how-to-think-about-this-thing

The Modeler is like a series of buckets with water in them. There are holes in the bottom of the buckets.

The modeler will measure how much water (leads) goes into the bucket per day and how much goes out of the holes. (There can be more than one hole)

The modeler all measures the amount of leads in the bucket at any given time. This is called the stage balance.

Models are generally for customers who are comfortable with smart campaigns and programs and want to take their analytics to the next level.

Starting with a New Model starting-with-a-new-model

By default, a new model starts you off with six revenue stages. This model is actually fine all by itself, but it can be deeply customized.

Notice they are all on a green background. This is called the Success Path. Understand more about the success path here.

Stages are the milestones on a leads progressions towards their goals.

Transitions are shown as arrows and they control how leads move between stages.

Customization customization

Every company is different. You can add things to the model by dragging from the top right.

Inventory Stage inventory-stage

This looks like a box and is the most basic of stages. Analytics will keep track of inflow, outflow and balance of this stage.

SLA Stage sla-stage

This is short for Service Level Agreement stage. The intent here is that some stages you will want to enforce a time limit.

Gate Stage gate-stage

A Gate stage is meant for situations where you want to filter leads into one of several choices. This is an advanced option. Beginners should avoid gates.

Transitions transitions

Clarify exactly how a lead moves from one stage to another using smart campaigns and make sure leads don’t get stuck in any stage. Be sure to use trigger filters for transitions to (that’s a way to evaluate).

Adding a Stage off the happy success path

Lost is a good one to add, but notice it is not on the green path. That is because it is not a “success”.