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Lead Nurturing 101
Marketing Automation Meetup‹
6th February, 2014

@MarketingCube
Why are we
here tonight?
@MarketingCube
The Buyer’s
Journey

Name

Sales & Marketing
Process

Interest

Inquiry

Marketing
validates quality
of interest

Learn

Marketing
QualiïŹed ‹
Lead

Marketing
Nurtures to Sales
Ready

Evaluate

Sales
Accepted ‹
Lead

Sales Rejects
Lead:
Sales ‹
Sales send to
Rejects Lead
Nurture

Justify

Sales
QualiïŹed ‹
Lead

Purchase

Closed/Won

Opp Stalls:
Opportunity
Sales send to
Stalls
Nurture

Opp Lost:
Opportunity
Sales send to
Lost
Nurture

@MarketingCube
A Nurturing Checklist
1. Understand your buyer: Relevance & ‹

C o l l e g e

Shared Values.
2. Pinpoint what motivates your buyers.
3. Whiteboard the ideal customer profile.
4. Define your nurture program.
5. Automate communications.

@MarketingCube
Source:

Relevance
+
Shared Values

C o l l e g e

@MarketingCube
Source:

“Higher-order emotional
attributes connect the brand to
consumer values that extend
beyond the category.”

C o l l e g e

@MarketingCube
Source:

Pedigree

Higher
Order

Hierarchy of
Emotional Attributes

C o l l e g e

Tide

!
Level of
Connection

Oxy-Clean
Shared Value
Emotional BeneïŹt

Product BeneïŹt

Lower
Order

@MarketingCube
Source:

Oxy-Clean

Product BeneïŹt

“The simplest and least effective
means of creating emotional
connection is to convey excitement
around specific product features.”

@MarketingCube
Source:

Tide

Emotional BeneïŹt

“A common method of elevating
beyond products benefits is to
connect a functional attribute to
an emotional beneïŹt.”

@MarketingCube
Source:

Pedigree

“Higher-loyalty brands, however,
build emotional connections to
values that are important in the
consumer’s broader life, beyond
the product or even the category.”
Shared Value
@MarketingCube
Source:

Pedigree runs a campaign
to support dog adoption.

@MarketingCube
Source:

Pedigree provides free food
to dog adopters.

@MarketingCube
Source:

Pedigree uses its sponsorship
of the Westminster Dog Show
to promote dog adoption.

@MarketingCube
Source:

Pedigree donates money from
each purchase to the Pedigree
Foundation which, combined
with direct consumer donations,
is then distributed to hundreds
of animal shelters each year.
@MarketingCube
Source:

Shared Value
Pedigree believes all dogs
deserve to be fed well and
that every dog deserves a
loving home.

@MarketingCube
What is “Lead” Nurturing?
C o l l e g e

‱

A generic term implying a constant level of automated engagement with
contacts which may have fallen out of the sales funnel.

‱

“Nurturing” can also be used as a business process to engage ‹
with customers, partners and employees. For example:

‱

OnBoarding Campaigns can be built in conjunction with HR, IT and
Physical Facilities for new staff.

‱ Customers can be nurtured through a range of products and services.
@MarketingCube
A Process for Nurturing
C o l l e g e

Who?

Customers

Prospects

Employees

Business Partners

@MarketingCube
Tonight, we’ll focus on

C o l l e g e

‱
‱

What’s their proïŹle? Gender? Age?
Income Level? Geographical details?

‱

Do you understand their ‹
Buyer’s Journey?

‱

Prospects

Who are your prospects?

What are you offering this buyer?

‱

Who are your competitors?
@MarketingCube
Marketing

The Sales Process

The Buyer’s Journey

Leads

Need

Educate

Learn

Present

Evaluate
Negotiate

Negotiate
Sales

C o l l e g e

Purchase

Closed/Won

Implement

Implement

Advocate

Grow

!15

@MarketingCube
The Sales Process

The Buyer’s Journey
Need

Leads

Marketing & Sales

Educate

C o l l e g e
Evaluate

Present
Negotiate
Closed/Won

Implement

Implement

Advocate

Grow

!15

@MarketingCube
A common mistake marketers make is
to think of lead nurturing as email
communication.
Instead, think of it as a workïŹ‚ow or
series of communications in which
every step has a clear and concise
objective, whether moving someone to
the next stage, or driving another
desirable action.

C o l l e g e

@MarketingCube
C o l l e g e

@MarketingCube
C o l l e g e

Step 1: The Problems You Solve
@MarketingCube
An Ideal ‹
Customer ProïŹle
Customers

‱

Understanding your current Ideal Customer
helps you build relevant offers and
messages for Prospects.

‱

Understanding personas, buyer behaviour
and why people buy from you today helps
you find and engage with better quality
Prospects.

‱

C o l l e g e

Which product or service delivers the
highest amount of proïŹt to your business?
@MarketingCube
The Business Problems you solve
better than your competitors
C o l l e g e

Prospects

A Business Problem can be many things

Shipping ‹
Charges

Faulty ‹
Equipment

High Service ‹
Costs

Complex ‹
Application
Process

@MarketingCube
The Business Problems you solve
better than your competitors
Prospects

C o l l e g e

A Business Problem can be many things


A buyer won’t buy until the pain
they’re experiencing is such that they
need to ïŹnd a solution.
@MarketingCube
What are you offering?
Prospects

C o l l e g e

What you offer needs to be relevant to the buyer


@MarketingCube
Step 1: Which Business Problems Do You Solve?
Understanding pain points helps you create the right offer.

Business Problems ‹
your Prospect has.

Offering 1

Offering 2

Offering 3

C o l l e g e

A

B

C

D

@MarketingCube
C o l l e g e

Step 2: Who?
@MarketingCube
Choose 4 ‹
Prospect Types
C o l l e g e

Prospects

The Graduate

The Professional

The Executive

The Consultant
@MarketingCube
Matching Offers ‹
to Prospective Buyers
Prospects

C o l l e g e

@MarketingCube
Step 2: Who are you nurturing?

Understand your audience and engage appropriately

Offering

Your Target Buyer by Job Category/Role

C o l l e g e

1

2

3

@MarketingCube
C o l l e g e

Step 3: Your Buyer’s Journey?
@MarketingCube
Your Buyer’s Journey
C o l l e g e

Need

Learn

Leads

Educate

Evaluate

Present

Negotiate

Negotiate

Purchase

Closed/Won

Implement

Implement

Advocate

Grow

Your Selling or Opportunity Management Process
@MarketingCube
Step 3: Your Buyer’s Journey

Map your Buyer’s Journey to your Selling Process
Opportunity Stage Name

Correlating Buyer’s Journey Stage

C o l l e g e

1
2
3
5
6
7
8
@MarketingCube
Who did their homework?
http://contentgrid.eloqua.com

@MarketingCube
What is the ‹
Content Grid?
!

By sharing with Eloqua your
current Content Marketing
assets and by answering a
few questions, you receive
your own personalised copy
of the Grid.
@MarketingCube
What is the ‹
Content Grid?
!

By sharing with Eloqua your
current Content Marketing
assets and by answering a
few questions, you receive
your own personalised copy
of the Grid.
@MarketingCube
What is the ‹
Content Grid?
!

By sharing with Eloqua your
current Content Marketing
assets and by answering a
few questions, you receive
your own personalised copy
of the Grid.
@MarketingCube
What is the ‹
Content Grid?
!

By sharing with Eloqua your
current Content Marketing
assets and by answering a
few questions, you receive
your own personalised copy
of the Grid.
@MarketingCube
C o l l e g e

@MarketingCube
The Content Grid
C o l l e g e

Distribution Channels
Social Networks

Paid Media

Visual Outposts

Blog

Demand Marketing

Customer Community
@MarketingCube
The Content Grid
C o l l e g e

Distribution Channels
Social Networks

Paid Media

Visual Outposts

Blog

Demand Marketing

Customer Community
@MarketingCube
When to Engage
C o l l e g e

@MarketingCube
Your Buyer’s Journey
C o l l e g e

Awareness
Need

Learn

Leads

Educate

Consideration
Evaluate

Present

Negotiate

Negotiate

Close
Purchase

Closed/Won

Community
Implement

Implement

Advocate

Grow

@MarketingCube
Why are we
here tonight?
@MarketingCube
The Buyer’s
Journey

Name

Sales & Marketing
Process

Interest

Inquiry

Marketing
validates quality
of interest

Learn

Marketing
QualiïŹed ‹
Lead

Marketing
Nurtures to Sales
Ready

Evaluate

Sales
Accepted ‹
Lead

Sales Rejects
Lead:
Sales ‹
Sales send to
Rejects Lead
Nurture

Justify

Sales
QualiïŹed ‹
Lead

Purchase

Closed/Won

Opp Stalls:
Opportunity
Sales send to
Stalls
Nurture

Opp Lost:
Opportunity
Sales send to
Lost
Nurture

@MarketingCube
Join the dots
C o l l e g e
Sales Rejects Lead:
Sales send to
Nurture

Opp Stalls:
Sales send to
Nurture

Opp Lost:
Sales send to
Nurture

@MarketingCube
Step 4: Build Your Nurturing Campaign
Connect the dots & engage at the right time
Opportunity ‹
Stage Name
1

Email #1

Email #2

Email #3

C o l l e g e

2

3

4

5

6

7

@MarketingCube
C o l l e g e

Building Your Nurturing Campaign
@MarketingCube
C o l l e g e

In Summary
@MarketingCube
A Nurturing Checklist
1. Understand your buyer: Relevance & ‹

C o l l e g e

Shared Values.
2. Pinpoint what motivates your buyers.
3. Whiteboard the ideal customer profile.
4. Define your nurture program.
5. Automate communications.

@MarketingCube
The Basics of Nurturing
‱

Segmenting

‱

Customer Nurturing

‱

Being Customer Focussed

‱

C o l l e g e

Progressive Profiling

@MarketingCube
College
Marketing Cube Pty Ltd
Level 3, 85 William Street, ‹
Darlinghurst, NSW, 2010
Australia
!

Ph: 02 8244 0007
www.marketingcube.com.au

@MarketingCube
/MarketingCube

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Lead Nurturing - A Process to Build your Campaign

  • 1. C o l l e g e Lead Nurturing 101 Marketing Automation Meetup‹ 6th February, 2014 @MarketingCube
  • 2. Why are we here tonight? @MarketingCube
  • 3. The Buyer’s Journey Name Sales & Marketing Process Interest Inquiry Marketing validates quality of interest Learn Marketing QualiïŹed ‹ Lead Marketing Nurtures to Sales Ready Evaluate Sales Accepted ‹ Lead Sales Rejects Lead: Sales ‹ Sales send to Rejects Lead Nurture Justify Sales QualiïŹed ‹ Lead Purchase Closed/Won Opp Stalls: Opportunity Sales send to Stalls Nurture Opp Lost: Opportunity Sales send to Lost Nurture @MarketingCube
  • 4. A Nurturing Checklist 1. Understand your buyer: Relevance & ‹ C o l l e g e Shared Values. 2. Pinpoint what motivates your buyers. 3. Whiteboard the ideal customer profile. 4. Define your nurture program. 5. Automate communications. @MarketingCube
  • 5. Source: Relevance + Shared Values C o l l e g e @MarketingCube
  • 6. Source: “Higher-order emotional attributes connect the brand to consumer values that extend beyond the category.” C o l l e g e @MarketingCube
  • 7. Source: Pedigree Higher Order Hierarchy of Emotional Attributes C o l l e g e Tide ! Level of Connection Oxy-Clean Shared Value Emotional BeneïŹt Product BeneïŹt Lower Order @MarketingCube
  • 8. Source: Oxy-Clean Product BeneïŹt “The simplest and least effective means of creating emotional connection is to convey excitement around specific product features.” @MarketingCube
  • 9. Source: Tide Emotional BeneïŹt “A common method of elevating beyond products benefits is to connect a functional attribute to an emotional beneïŹt.” @MarketingCube
  • 10. Source: Pedigree “Higher-loyalty brands, however, build emotional connections to values that are important in the consumer’s broader life, beyond the product or even the category.” Shared Value @MarketingCube
  • 11. Source: Pedigree runs a campaign to support dog adoption. @MarketingCube
  • 12. Source: Pedigree provides free food to dog adopters. @MarketingCube
  • 13. Source: Pedigree uses its sponsorship of the Westminster Dog Show to promote dog adoption. @MarketingCube
  • 14. Source: Pedigree donates money from each purchase to the Pedigree Foundation which, combined with direct consumer donations, is then distributed to hundreds of animal shelters each year. @MarketingCube
  • 15. Source: Shared Value Pedigree believes all dogs deserve to be fed well and that every dog deserves a loving home. @MarketingCube
  • 16. What is “Lead” Nurturing? C o l l e g e ‱ A generic term implying a constant level of automated engagement with contacts which may have fallen out of the sales funnel. ‱ “Nurturing” can also be used as a business process to engage ‹ with customers, partners and employees. For example: ‱ OnBoarding Campaigns can be built in conjunction with HR, IT and Physical Facilities for new staff. ‱ Customers can be nurtured through a range of products and services. @MarketingCube
  • 17. A Process for Nurturing C o l l e g e Who? Customers Prospects Employees Business Partners @MarketingCube
  • 18. Tonight, we’ll focus on
 C o l l e g e ‱ ‱ What’s their proïŹle? Gender? Age? Income Level? Geographical details? ‱ Do you understand their ‹ Buyer’s Journey? ‱ Prospects Who are your prospects? What are you offering this buyer? ‱ Who are your competitors? @MarketingCube
  • 19. Marketing The Sales Process The Buyer’s Journey Leads Need Educate Learn Present Evaluate Negotiate Negotiate Sales C o l l e g e Purchase Closed/Won Implement Implement Advocate Grow !15 @MarketingCube
  • 20. The Sales Process The Buyer’s Journey Need Leads Marketing & Sales Educate C o l l e g e Evaluate Present Negotiate Closed/Won Implement Implement Advocate Grow !15 @MarketingCube
  • 21. A common mistake marketers make is to think of lead nurturing as email communication. Instead, think of it as a workïŹ‚ow or series of communications in which every step has a clear and concise objective, whether moving someone to the next stage, or driving another desirable action. C o l l e g e @MarketingCube
  • 22. C o l l e g e @MarketingCube
  • 23. C o l l e g e Step 1: The Problems You Solve @MarketingCube
  • 24. An Ideal ‹ Customer ProïŹle Customers ‱ Understanding your current Ideal Customer helps you build relevant offers and messages for Prospects. ‱ Understanding personas, buyer behaviour and why people buy from you today helps you find and engage with better quality Prospects. ‱ C o l l e g e Which product or service delivers the highest amount of proïŹt to your business? @MarketingCube
  • 25. The Business Problems you solve better than your competitors C o l l e g e Prospects A Business Problem can be many things
 Shipping ‹ Charges Faulty ‹ Equipment High Service ‹ Costs Complex ‹ Application Process @MarketingCube
  • 26. The Business Problems you solve better than your competitors Prospects C o l l e g e A Business Problem can be many things
 A buyer won’t buy until the pain they’re experiencing is such that they need to ïŹnd a solution. @MarketingCube
  • 27. What are you offering? Prospects C o l l e g e What you offer needs to be relevant to the buyer
 @MarketingCube
  • 28. Step 1: Which Business Problems Do You Solve? Understanding pain points helps you create the right offer. Business Problems ‹ your Prospect has. Offering 1 Offering 2 Offering 3 C o l l e g e A B C D @MarketingCube
  • 29. C o l l e g e Step 2: Who? @MarketingCube
  • 30. Choose 4 ‹ Prospect Types C o l l e g e Prospects The Graduate The Professional The Executive The Consultant @MarketingCube
  • 31. Matching Offers ‹ to Prospective Buyers Prospects C o l l e g e @MarketingCube
  • 32. Step 2: Who are you nurturing? Understand your audience and engage appropriately Offering Your Target Buyer by Job Category/Role C o l l e g e 1 2 3 @MarketingCube
  • 33. C o l l e g e Step 3: Your Buyer’s Journey? @MarketingCube
  • 34. Your Buyer’s Journey C o l l e g e Need Learn Leads Educate Evaluate Present Negotiate Negotiate Purchase Closed/Won Implement Implement Advocate Grow Your Selling or Opportunity Management Process @MarketingCube
  • 35. Step 3: Your Buyer’s Journey Map your Buyer’s Journey to your Selling Process Opportunity Stage Name Correlating Buyer’s Journey Stage C o l l e g e 1 2 3 5 6 7 8 @MarketingCube
  • 36. Who did their homework? http://contentgrid.eloqua.com @MarketingCube
  • 37. What is the ‹ Content Grid? ! By sharing with Eloqua your current Content Marketing assets and by answering a few questions, you receive your own personalised copy of the Grid. @MarketingCube
  • 38. What is the ‹ Content Grid? ! By sharing with Eloqua your current Content Marketing assets and by answering a few questions, you receive your own personalised copy of the Grid. @MarketingCube
  • 39. What is the ‹ Content Grid? ! By sharing with Eloqua your current Content Marketing assets and by answering a few questions, you receive your own personalised copy of the Grid. @MarketingCube
  • 40. What is the ‹ Content Grid? ! By sharing with Eloqua your current Content Marketing assets and by answering a few questions, you receive your own personalised copy of the Grid. @MarketingCube
  • 41. C o l l e g e @MarketingCube
  • 42. The Content Grid C o l l e g e Distribution Channels Social Networks Paid Media Visual Outposts Blog Demand Marketing Customer Community @MarketingCube
  • 43. The Content Grid C o l l e g e Distribution Channels Social Networks Paid Media Visual Outposts Blog Demand Marketing Customer Community @MarketingCube
  • 44. When to Engage C o l l e g e @MarketingCube
  • 45. Your Buyer’s Journey C o l l e g e Awareness Need Learn Leads Educate Consideration Evaluate Present Negotiate Negotiate Close Purchase Closed/Won Community Implement Implement Advocate Grow @MarketingCube
  • 46. Why are we here tonight? @MarketingCube
  • 47. The Buyer’s Journey Name Sales & Marketing Process Interest Inquiry Marketing validates quality of interest Learn Marketing QualiïŹed ‹ Lead Marketing Nurtures to Sales Ready Evaluate Sales Accepted ‹ Lead Sales Rejects Lead: Sales ‹ Sales send to Rejects Lead Nurture Justify Sales QualiïŹed ‹ Lead Purchase Closed/Won Opp Stalls: Opportunity Sales send to Stalls Nurture Opp Lost: Opportunity Sales send to Lost Nurture @MarketingCube
  • 48. Join the dots C o l l e g e Sales Rejects Lead: Sales send to Nurture Opp Stalls: Sales send to Nurture Opp Lost: Sales send to Nurture @MarketingCube
  • 49. Step 4: Build Your Nurturing Campaign Connect the dots & engage at the right time Opportunity ‹ Stage Name 1 Email #1 Email #2 Email #3 C o l l e g e 2 3 4 5 6 7 @MarketingCube
  • 50. C o l l e g e Building Your Nurturing Campaign @MarketingCube
  • 51. C o l l e g e In Summary @MarketingCube
  • 52. A Nurturing Checklist 1. Understand your buyer: Relevance & ‹ C o l l e g e Shared Values. 2. Pinpoint what motivates your buyers. 3. Whiteboard the ideal customer profile. 4. Define your nurture program. 5. Automate communications. @MarketingCube
  • 53. The Basics of Nurturing ‱ Segmenting ‱ Customer Nurturing ‱ Being Customer Focussed ‱ C o l l e g e Progressive Profiling @MarketingCube
  • 54. College Marketing Cube Pty Ltd Level 3, 85 William Street, ‹ Darlinghurst, NSW, 2010 Australia ! Ph: 02 8244 0007 www.marketingcube.com.au @MarketingCube /MarketingCube