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INTELLIGENT PROSPECTING WITH
             AMP
Executive Summary

Marketing 2.0 is all about understanding the needs of the prospect and providing them with value
adding solutions. Business has evolved to the extent that it calls for a thorough integration between the
sales and marketing functions. But, bringing about this kind of integration- without the support of
technology- is impossible. This whitepaper outlines how MindMatrix’s marketing automation software
program---Automated Marketing Platform (AMP) -- unifies sales and marketing.

Prospecting—A Child of Marketing 2.0
About a decade ago, marketing would pass on a bunch of leads to the sales
team. The salespeople would call them up. If the prospect was interested,
the call would be followed up with a meeting, if not, the lead would be
considered dead. Research confirms that one in three leads that is
considered dead… turns into a sale at some point in time. That means
                                                                                  Research confirms that
when prospects say they are ‘not interested’ in the offering, what some of       one in three leads that is
them mean is, ‘they are not interested at the moment.’ While some may
be highly interested and would like to start the buying process straight         considered dead… turns
away, others require time and more information before they are ready to        into a sale at some point in
make a purchase. A study conducted by Wharton School of Business noted
it takes 9-15 touch-points to make a prospect even remember a particular                     time.
brand when decision-making time arrives. This means an enterprise has to
constantly stay in touch with its contacts through e-mails, newsletters, and
customized offers. Marketing 2.0 involves staying in touch with the prospects so that they consider the
brand when it’s time to make a decision.

Intelligent Prospecting—Following your customer in the modern marketplace
Anticipating prospect needs and providing them with possible solutions, is now the standard market
expectation. However, with advancements in technology, prospects are able to interact with the
business at a wide range of often un-related venues: websites, social networking sites, blogs, peer-
reviews, and e-mails. Given this wide array of touch-points, it may seem virtually impossible to identify
and respond to each customer’s individual behavior as they track through the buying cycle, especially
when they learn about you in so many different venues.

 MindMatrix AMP offers a long –term solution to this challenge. With greater accuracy and less labor,
your marketing and sales teams can follow customers, share and integrate their acquired knowledge
about a prospect’s interest, and develop responsive personalized solutions. With AMP, you can
determine what their interests are and what features of your product they are paying attention to.
What appears to be their level of interest? Is price a major focus? AMP allows you to watch customer
activity across all touch points and proactively develop responses to the interest “telegraphed” by their
behavior.

For example, Callahan Realty has a prospect, Jim, who is looking to buy a new six bedroom house in a
couple of months. Jim visited the company’s website and searched for properties around Wellsburg
County. Also, Jim went on Facebook, checked out Callahan Realty’s fan-page and posted a question in
the forum about life quality in Gaithersburg County, adjoining Wellsburg
area. If Callahan Realty adopted the integrated marketing approach, they
can easily determine the kind of property and area Jim is interested in. This
will allow them to provide Jim with more relevant offerings.                     AMP places high emphasis on
                                                                                 intelligent prospecting. Using
How AMP Can Help?
                                                                                  AMP lends a great degree of
AMP places high emphasis on intelligent prospecting. Using AMP lends a             flexibility, scalability, and
great degree of flexibility, scalability, and personal touch to the marketing        personal touch to the
process. AMP provides the following advantages:
                                                                                       marketing process.
                        360⁰ CUSTOMER VIEW: AMP provides a 360⁰
                        vision of prospects. AMP analyzes the ‘digital
                        footprint’ of prospects and provides detailed information about prospects’ web
                        behaviors such as, the pages on the website they visited, the links they clicked, the
                        whitepapers they downloaded, etc. AMP, answers questions like:

                                    o    What are the prospect preferences in various areas?
                                    o    What products/solutions can you cross-sell?
                                    o    How did the prospect come across your site?
                                    o    When the prospect visited your site?
                                    o    What tabs they clicked on?
                                    o    What whitepapers they downloaded?
                                    o    When did they last interact with your company?
                                    o    What was the outcome of the interaction?

                        PERSONALIZATION: AMP lends a high degree of personalization to the company’s
                        prospecting efforts. Personalized one-to-one marketing communications are much more
                        effective than the standard ‘one size fits all’ policy. AMP enables the business to move
                        beyond the basics- like addressing the recipients by their names. AMP has a well written
                        modern code that places high emphasis on personalization of both textual and visual
                        content, which lends AMP
                        the capability to learn
                        about the prospect from
                        their digital footprints
                        and adapt itself to
                        prospect behavior. For
                        example, Jim, a prospect
                        never                opens
                        advertisements        sent
                        through HTML e-mails.
                        AMP has the ability to
                        capture this information
                        and act upon it. Once the
                        program identifies that a
                        particular prospect never
                        clicks open HTML e-mails,
it will learn from this behavior and send the next marketing campaign through some
                        other media—this could be in the form of a portable document, direct mail, or as an e-
                        book!

                        INTELLIGENT FOLLOW UP: Intelligent follow up involves utilizing different media to stay
                        in touch with prospects and keep the lead warm until it becomes hot and sales-ready.
                        AMP is smart enough to follow up on your leads based upon a previously established
                        sequence. It can automatically trigger the consequent steps in a marketing program.
                        AMP is equipped with both time-based and activity based-triggers.

                        INTEGRATION OF YOUR SALES AND MARKETING FUNCTIONS: Most available marketing
                        automation software programs only concentrate on automating the marketing process.
                        They automate sending out e-mail campaigns, design landing pages, and so on. But AMP
                        truly closes the loop between the marketing and sales functions by bringing about a
                        seamless integration of the two. AMP ties up the marketing system with Sales, CRM,
                        and ERP to facilitate unobstructed flow of data between each of these systems.
                        IMPROVED RETURNS: With AMP, the business will be rewarded with better returns on
                        its marketing investments because AMP’s intelligent prospecting yields better results
                        because it focuses its marketing campaigns on specific prospects. Just as the interest
                        level varies from prospect to prospect, the marketing strategy should also vary. For
                        example, one prospect may be close to the buying stage while another may still be
                        hunting for information. What the business communicates to them should vary
                        depending upon their preferences and their stage in the process.

Being aware of prospects’ actions enables businesses to adapt its marketing strategy to prospect behavior, thus
lending a higher degree of effectiveness to the marketing strategy. While better understanding of prospects,
enables businesses to provide more flexible offerings. This enhances the relationship between the business and
its prospects. Thus, AMP enables a business to build a strong relationship with its prospects, which can go a long
way when the prospects are in the wake of making a buying decision.
For the past 14 years, MindMatrix has been aligning sales and marketing
functions for over 20,000 sales and marketing professionals across 200
companies, from diverse verticals through its innovative sales and
marketing software and solutions.

Unique to the industry, MindMatrix offers Next Generation Marketing
Automation software on a single unified platform for Sales and Marketing.
Our solutions bring about a seamless integration of the 2 functions helping
our clients derive the maximum benefit from their investment i n marketing
and sales automation.

Contact me today to know more about how MindMatrix solutions can help
you align your marketing and sales processes for improved results.

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Intelligent prospecting with amp

  • 2. Executive Summary Marketing 2.0 is all about understanding the needs of the prospect and providing them with value adding solutions. Business has evolved to the extent that it calls for a thorough integration between the sales and marketing functions. But, bringing about this kind of integration- without the support of technology- is impossible. This whitepaper outlines how MindMatrix’s marketing automation software program---Automated Marketing Platform (AMP) -- unifies sales and marketing. Prospecting—A Child of Marketing 2.0 About a decade ago, marketing would pass on a bunch of leads to the sales team. The salespeople would call them up. If the prospect was interested, the call would be followed up with a meeting, if not, the lead would be considered dead. Research confirms that one in three leads that is considered dead… turns into a sale at some point in time. That means Research confirms that when prospects say they are ‘not interested’ in the offering, what some of one in three leads that is them mean is, ‘they are not interested at the moment.’ While some may be highly interested and would like to start the buying process straight considered dead… turns away, others require time and more information before they are ready to into a sale at some point in make a purchase. A study conducted by Wharton School of Business noted it takes 9-15 touch-points to make a prospect even remember a particular time. brand when decision-making time arrives. This means an enterprise has to constantly stay in touch with its contacts through e-mails, newsletters, and customized offers. Marketing 2.0 involves staying in touch with the prospects so that they consider the brand when it’s time to make a decision. Intelligent Prospecting—Following your customer in the modern marketplace Anticipating prospect needs and providing them with possible solutions, is now the standard market expectation. However, with advancements in technology, prospects are able to interact with the business at a wide range of often un-related venues: websites, social networking sites, blogs, peer- reviews, and e-mails. Given this wide array of touch-points, it may seem virtually impossible to identify and respond to each customer’s individual behavior as they track through the buying cycle, especially when they learn about you in so many different venues. MindMatrix AMP offers a long –term solution to this challenge. With greater accuracy and less labor, your marketing and sales teams can follow customers, share and integrate their acquired knowledge about a prospect’s interest, and develop responsive personalized solutions. With AMP, you can determine what their interests are and what features of your product they are paying attention to. What appears to be their level of interest? Is price a major focus? AMP allows you to watch customer activity across all touch points and proactively develop responses to the interest “telegraphed” by their behavior. For example, Callahan Realty has a prospect, Jim, who is looking to buy a new six bedroom house in a couple of months. Jim visited the company’s website and searched for properties around Wellsburg County. Also, Jim went on Facebook, checked out Callahan Realty’s fan-page and posted a question in
  • 3. the forum about life quality in Gaithersburg County, adjoining Wellsburg area. If Callahan Realty adopted the integrated marketing approach, they can easily determine the kind of property and area Jim is interested in. This will allow them to provide Jim with more relevant offerings. AMP places high emphasis on intelligent prospecting. Using How AMP Can Help? AMP lends a great degree of AMP places high emphasis on intelligent prospecting. Using AMP lends a flexibility, scalability, and great degree of flexibility, scalability, and personal touch to the marketing personal touch to the process. AMP provides the following advantages: marketing process. 360⁰ CUSTOMER VIEW: AMP provides a 360⁰ vision of prospects. AMP analyzes the ‘digital footprint’ of prospects and provides detailed information about prospects’ web behaviors such as, the pages on the website they visited, the links they clicked, the whitepapers they downloaded, etc. AMP, answers questions like: o What are the prospect preferences in various areas? o What products/solutions can you cross-sell? o How did the prospect come across your site? o When the prospect visited your site? o What tabs they clicked on? o What whitepapers they downloaded? o When did they last interact with your company? o What was the outcome of the interaction? PERSONALIZATION: AMP lends a high degree of personalization to the company’s prospecting efforts. Personalized one-to-one marketing communications are much more effective than the standard ‘one size fits all’ policy. AMP enables the business to move beyond the basics- like addressing the recipients by their names. AMP has a well written modern code that places high emphasis on personalization of both textual and visual content, which lends AMP the capability to learn about the prospect from their digital footprints and adapt itself to prospect behavior. For example, Jim, a prospect never opens advertisements sent through HTML e-mails. AMP has the ability to capture this information and act upon it. Once the program identifies that a particular prospect never clicks open HTML e-mails,
  • 4. it will learn from this behavior and send the next marketing campaign through some other media—this could be in the form of a portable document, direct mail, or as an e- book! INTELLIGENT FOLLOW UP: Intelligent follow up involves utilizing different media to stay in touch with prospects and keep the lead warm until it becomes hot and sales-ready. AMP is smart enough to follow up on your leads based upon a previously established sequence. It can automatically trigger the consequent steps in a marketing program. AMP is equipped with both time-based and activity based-triggers. INTEGRATION OF YOUR SALES AND MARKETING FUNCTIONS: Most available marketing automation software programs only concentrate on automating the marketing process. They automate sending out e-mail campaigns, design landing pages, and so on. But AMP truly closes the loop between the marketing and sales functions by bringing about a seamless integration of the two. AMP ties up the marketing system with Sales, CRM, and ERP to facilitate unobstructed flow of data between each of these systems. IMPROVED RETURNS: With AMP, the business will be rewarded with better returns on its marketing investments because AMP’s intelligent prospecting yields better results because it focuses its marketing campaigns on specific prospects. Just as the interest level varies from prospect to prospect, the marketing strategy should also vary. For example, one prospect may be close to the buying stage while another may still be hunting for information. What the business communicates to them should vary depending upon their preferences and their stage in the process. Being aware of prospects’ actions enables businesses to adapt its marketing strategy to prospect behavior, thus lending a higher degree of effectiveness to the marketing strategy. While better understanding of prospects, enables businesses to provide more flexible offerings. This enhances the relationship between the business and its prospects. Thus, AMP enables a business to build a strong relationship with its prospects, which can go a long way when the prospects are in the wake of making a buying decision.
  • 5. For the past 14 years, MindMatrix has been aligning sales and marketing functions for over 20,000 sales and marketing professionals across 200 companies, from diverse verticals through its innovative sales and marketing software and solutions. Unique to the industry, MindMatrix offers Next Generation Marketing Automation software on a single unified platform for Sales and Marketing. Our solutions bring about a seamless integration of the 2 functions helping our clients derive the maximum benefit from their investment i n marketing and sales automation. Contact me today to know more about how MindMatrix solutions can help you align your marketing and sales processes for improved results.