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For a $175M company like BlueVoyant, the MQL isn't dead; its definition is just highly specific. An 'MQL' is strictly defined as a qualified engagement signal from a person at a company on their ideal customer profile (ICP) list, effectively making it an account-based metric.
The future of account-based marketing isn't just targeting a list of companies. The focus is shifting to identifying the small subset of accounts actively showing high-intent buying signals. This "smarter ABM" approach allows sales to prioritize outreach on the most engaged prospects, increasing efficiency and conversion.
Relying on Marketing Qualified Leads (MQLs) from form fills is a legacy approach. The modern strategy is to append MQLs with intent data. Engaging MQLs that are also showing high intent signals drastically increases the likelihood of a successful sales conversation compared to following up on form fills alone.
The 'MQL death cycle' is over. Forward-thinking marketing organizations should align around Net Annual Recurring Revenue (Net ARR) as their ultimate measure of success. This metric, which combines new customer acquisition with retention, forces a focus on the entire customer lifecycle and proves marketing's contribution to sustainable business growth.
Metrics like "Marketing Qualified Lead" are meaningless to the customer. Instead, define key performance indicators around the value a customer receives. A good KPI answers the question: "Have we delivered enough value to convince them to keep going to the next stage?"
Instead of abandoning the MQL framework and overhauling systems, marketers should redefine what constitutes an MQL. Focus on high-intent signals (like free trial starts) rather than low-value actions (like email opens). The MQL is a delivery system, and your definition controls its quality.
Top-performing companies are abandoning traditional metrics like MQLs. They now focus on understanding the entire prospecting process—from lead creation to BDR/SDR engagement—to generate stronger pipeline, higher win rates, and more revenue with less wasted effort.
In B2B sales with multiple decision-makers, tracking individual MQLs is a "lazy metric" that misrepresents buying intent. Success depends on identifying and engaging the entire buying group. Marketing's goal should be to qualify the group, not just a single lead.
Ditch MQLs. For sales-led motions, measure marketing on qualified pipeline (deals converting at >25%). For PLG motions, measure 'activated signups,' where users hit their 'aha moment.' This aligns marketing with quality and revenue, not volume.
MQLs should function as internal signals for the marketing team to orchestrate the next step in the buyer's journey, such as triggering a new automation. They are a delivery system within marketing, not a basket of leads to be handed to sales, which prevents sales from chasing low-quality signals.
A traditional contact-based funnel (Lead > MQL > SQL) is inadequate for B2B. Shift to an account-based funnel that maps target accounts to stages like "Awareness" or "Engaged." The primary GTM goal then becomes progressing entire accounts from one stage to the next for a more accurate view of pipeline health.