What HubSpot Got Wrong About Marketing’s “Predictable Past”

Contrary to what martech tools like HubSpot say, marketing has never been predictable or linear. And it doesn’t drive revenue directly. It multiplies sales effectiveness, shortens the path to “yes,” and protects future growth. Here’s what every B2B tech leader should know.

Takeaways

  • Marketing was never linear. Buyer journeys have always been complex and unpredictable.
  • Marketing multiplies sales. It’s a revenue influencer, not a direct driver of ROI.
  • Performance alone fails. Real growth comes from long-term brand effects.
  • Marketers got complacent. We stopped asking hard questions and let martech lead.
  • Vendors must do better. HubSpot and others need more truth, less hype.

Where HubSpot Missed the Mark

Last week, HubSpot sent out this email:

Screenshot of HubSpot email stating ‘Marketing used to be predictable and linear. Not anymore.’ promoting AI marketing features.

The gist of it was to promote their new AI-powered features, as if AI will make marketing predictable like it once was.

“Marketing used to be predictable and linear. Not anymore.”

Really?

Um, Marketing was never predictable. Never linear. Not in B2B, not in B2C, not anywhere.

And framing it this way is exactly why companies waste time and money chasing shortcuts.

Why Isn’t B2B Marketing Linear?

For the past 15–20 years, B2B marketing has been hooked on “performance marketing” because of promises made by software companies (HubSpot is not mutually exclusive here).

Marketers were sold a bill of goods: predictable funnels, lead-to-revenue models, and real-time multi-touch attribution displayed on pretty dashboards.

Hey, I’m just as guilty. I drank the Kool-Aid too.

But the results? Nothing to be excited about.

Research and data analysis have proven the opposite:

  • Binet & Field: Most ROI doesn’t come from short-term demand gen. It comes from long-term brand effects that compound (like compound interest).
  • Byron Sharp: Growth comes from mental availability (being remembered at the moment of choice) not from squeezing more out of in-market buyers.
  • Kerry Cunningham: After buyers do their research, they shortlist early. And over 80% of the time, they stick with their first pick.

The idea that marketing once marched buyers in a straight line from awareness to deal? That's a fairy tale.

And the idea that AI will restore predictability? Wishful thinking.

Marketing Is a Revenue Influencer, Not a Driver

Here’s the real distinction every executive should know:

  • Sales drives revenue.
  • Marketing influences revenue.

Marketing creates the conditions for sales to succeed:

  • Shapes memory
  • Increases preference
  • Multiplies sales effectiveness
  • Shortens the path to “yes”

But it does not “drive” revenue on its own. Presenting it that way sets CMOs up against an impossible benchmark, one the CFO and board will never buy.

How Does Marketing Multiply Sales?

Dale W. Harrison explains this clearly in How Marketing Creates Revenue.

His model shows the incremental effects of sales, performance marketing, and brand marketing combined:

  • A sales team alone = 4:1 return.
  • Add performance marketing = 10:1 return.
  • Add brand marketing = 30:1 return, thanks to higher intent, shorter cycles, and stronger pricing power.

This proves that marketing is a non-linear multiplier of a linear function like sales. It produces zero direct revenue, but it radically amplifies sales.

PS: Dale’s The Mythology of Brand Growth is an insightful follow-up to Byron Sharp’s book, How Brands Grow (mentioned above). Definitely worth reading.

What About Time Lag and Delayed ROI?

Mark Stouse and I have discussed this many times.

He reinforces this reality with two important points:

  1. Time Lag: Marketing’s effects are delayed and compounding. Ignore lag and you’ll undervalue marketing’s contribution.
  2. The T-Shape: Sales provides the thrust, but marketing widens the base and multiplies the lift. Marketing doesn’t replace sales. It makes sales more effective.

This is CFO-friendly language: delayed, compounding effects that expand efficiency and probability.

Why Do Vendors Keep Selling the Funnel Myth?

The “predictable funnel” story keeps getting pushed for a number of reasons.

  • VCs and shareholders want predictable growth narratives to fuel valuations.
  • Vendors want you to believe their platform is the missing link between spend and revenue.
  • Founders find it easier to pitch “predictable growth” than to explain market complexity.
  • Marketers themselves stopped asking hard questions. Instead of challenging simplistic funnel models, we accepted whatever martech force-fed us. Over time, marketing shrank from owning all 4Ps to just 1P (Promotion).

This last point matters. When we stop questioning, we stop leading. And when we outsource our thinking to vendors, we reduce marketing to a support function instead of a growth function.

What Is the Real Role of Marketing in B2B?

The messy reality? It’s inherent in the system.

  • Buyers don’t move in neat stages.
  • Most revenue impact happens outside attribution windows.
  • Brand campaigns create long-term probability shifts, not instant wins.

But that’s okay! Because the real job of marketing is to:

  • Make sales more efficient.
  • Help sales close more deals at higher value.
  • Protect future revenue by being remembered when buyers come in-market.

This is how CEOs and CFOs should frame marketing internally: as a capital investment in future efficiency, not as a vending machine for leads.

What Should CEOs, CFOs, and CMOs Do Differently?

If you lead a B2B tech company, here are three shifts worth making:

1. Stop asking for linear attribution.

  • Funnels and lead counts don’t measure incremental growth.
  • Instead, measure how marketing improves sales efficiency, close rates, and pipeline velocity.

2. Treat marketing outcomes as probabilistic not deterministic.

  • Marketing increases the likelihood of revenue, not guarantees it.
  • Ask: What probability shift are we buying with this budget?

3. Listen to Peter Drucker: Reframe marketing as capital allocation, not cost.

  • Harrison’s model: $100K in marketing = $2M incremental revenue by making sales 3x more efficient.
  • That’s the same way you’d frame R&D: delayed returns, compounding effects, measurable risk.

And here’s another important point:

Marketing must raise the bar. We’ve grown complacent. Too often we accept whatever martech vendors tell us instead of doing the harder work of insight, strategy, positioning, and brand-building. Marketing can only reclaim its full power when we start asking tougher questions again.

Final Thoughts

Marketing is not predictable or linear. It never was.

It’s complex and messy.

Why? Because people are complex, irrational, and messy.

The power of marketing lies in its ability to compound over time, multiply sales, and shape the likelihood of revenue.

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This article is AC-A and published on LinkedIn. Join the conversation!