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SPI’S BUSINESS OF
PLASTICS CONFERENCE




Don’t Be Out-Marketed: Selling in the New Reality
Sponsored by: Trefoil Group
Presented by: Mary Scheibel & Christy Domanoski
April, 2012
SPI’S BUSINESS OF
                                   PLASTICS CONFERENCE


 • Agenda
       –   Introduction
       –   Marketing in Manufacturing Today: Key trends
       –   Review of 2011 Marketing Effectiveness Research
       –   Your Brand: A Company’s Most Important Asset
       –   Execution of a Strategic Marketing Program
             • Today’s new fundamentals
                   – Website/online
                   – Lead nurturing and content marketing
                   – Employee engagement
Sponsored by: Trefoil Group            Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                               PLASTICS CONFERENCE


 • About Trefoil Group
       – Full service strategic marketing communications firm
             • Business/strategic counselors
             • Solid understanding of both traditional and new mediums
             • Experience in attracting both customers and talent
       – B2B with 20 years of experience in manufacturing
             • Niche focus in plastics – Clients have included material
               suppliers, toolmakers, equipment manufacturers, processors
               and related associations


Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                               PLASTICS CONFERENCE


 • Our Three Critical Success Factors
             o Partner with business leaders to align communications with
               vision, objectives and strategies driving the business
             o Create meaningful differentiation through brand-based
               communications, grounded in research
             o Integrate communications to reach target audiences
               wherever they are – with information they care about




Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
Marketing in Manufacturing Today: Key Trends
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 • Marketing in Manufacturing Today
       – New opportunities. New technologies. New tools.
       – Expanded focus
             • From lead generation to lead nurturing
             • Attracting talent as well as customers
       – Today’s new B2B customer is armed with information
         and sometimes knows more than you do!
       – Marketing savvy, yet inferior competitors can beat you
         more easily than ever before

Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Key Findings: 2011 Marketing Effectiveness
     (Research conducted in partnership with Plastics News)
      – A significant shift: companies                    52.90                   24.20
        are investing more in                               %                       %
        marketing than in sales
      – Feet on the street no longer
                                                      Increased         Increased
        enough:                                    marketing efforts investments in
         • 50% report sales are                                      the sales force
            reaching less than 50% of
            their targets
Sponsored by: Trefoil Group     Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                          PLASTICS CONFERENCE


 • Key Findings: 2011 Marketing Effectiveness
       – 72% claim unique niche expertise (in what they do or
         how they do it), but don’t communicate this well

                                                    Above Average            Excellent

                  22.90%
                                  20.30%
                                                   10.10%           5.60%
                  44.10%          35.90%
                                                   23.50%          28.80%

                  Sales          Internal      Website/online    Marketing
              conversations   communications     presence        materials
Sponsored by: Trefoil Group                     Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                             PLASTICS CONFERENCE


 • Key Findings: 2011 Marketing Effectiveness
       – 75% say recruitment is critical to success, but don’t
         know how to reach younger audiences
                                                                                        Felt the following are
                                                                                        important/very important to
             71.60%                                                                     future success
                            59.80%
                  40.50%                    48.10%                                      Ranked themselves as very
                                 31.70%                       39.60%                    good or excellent at the
                                                                                        following
                                                 20.60%
                                                                   18.70%

    Recruiting and retaining talent
             Equipping employees to be brand ambassadors
                                 Getting your message out via new mediums
                                                         Using social marketing effectively
Sponsored by: Trefoil Group                            Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 • What This Means to Us As Marketers
       – The risk: Companies are increasing investments, but
         not necessarily ROI
             • Creates ongoing dissatisfaction with marketing
             • If you’re not connecting what you’re doing to the goals of the
               business, you are part of the problem and not the solution
       – The opportunity: To connect marketing to the goals
         and objectives of the business, creating measurable
         ROI.


Sponsored by: Trefoil Group         Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • The More Specific Opportunity:
    – Be strategic in aligning marketing with sales strategies
    – Move the needle from lead generation to lead nurturing
    – Create meaningful differentiation that speaks to both customers
      and recruits
    – Own the leadership position where you can
    – Integrate programs to include face-to-face, digital, PR and social
      media
    – Equip your employees to be brand ambassadors in your
      marketplace and your communities


Sponsored by: Trefoil Group     Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 • Bottom-line Opportunity
       – Create metrics to measure the true success of your
         program
             • Business goals, not open rates or click-throughs
       – Demand a return on your program
             • New opportunities to show ROI through targeted sales
               augmentation
             • If marketing is an investment, not an expense, than we as
               marketers need to prove it.


Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
Your Brand: A Company’s Most Important Asset
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • The brand is a company’s most important,
   yet most overlooked asset
       – As important in B2B as it is in B2C
       – Crucial in both customer and talent acquisition
 • Your brand is what you want people to think
   about you
               Your Company = X


Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 • Common Branding Pitfalls
       – Basing your brand on the category you’re in
             • Leading Plastics Injection Molders
             • Thermoforming Experts
       – Staking your claim to entry level attributes
             • Solutions Provider
             • Meeting or exceeding customer expectations
       – Relying on internal perceptions of your value
       – Mimicking what your competitors do and say

Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Good Brands:
       – Establish relevance, personality and connect
         emotionally
       – Specify the company's value proposition
       – Change the conversation
       – Reposition the competition as followers
       – Drive perceptions externally and the culture internally
       – Differentiate the company for a competitive advantage


Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Strong Brands Produce ROI By:
       – Sustaining differentiation in a crowded marketplace
       – Supporting premium pricing/guarding against price-
         based competition
       – Accelerating entry into new markets
       – Recruiting and retaining top talent
       – Increasing enterprise value



Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                   PLASTICS CONFERENCE


 • Discover Your Brand
       – Answer key questions:
             • What do you do better than anyone else?
             • How does this align with what your target audiences care
               about today and in the future?
       – Conduct research – Information today is easy & fast
             • Internal interviews with leadership, sales and others
             • Company-wide on-line surveys
             • External research with customers, suppliers, industry experts
                   – Face-to-face, telephone, focus groups, on-line

Sponsored by: Trefoil Group            Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 • Discover Your Brand
       – Look at your competitors
             • Your value is a relative assessment against the value I can
               get somewhere else
       – Be different. Not the same.
             • Understand what your competitors are saying and determine
               the opportunity to say something better
             • Remember, if everything else is equal, all that’s left is price




Sponsored by: Trefoil Group         Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                               PLASTICS CONFERENCE


 • Bring Your Brand to Life
       – Maintain consistency throughout all communications
             • Core narrative, communication keys to launch and cap
               conversations
             • Align messaging with audience needs and concerns
       – Be creative
             • Reach the consumer that’s in all of us
             • Make it compelling. Make it memorable. Make it relevant.




Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Bring Your Brand to Life:




Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
Designing & Implementing a Strategic Program
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Key elements of a strategic marketing
   communications plan:
       – Goals, strategies, key action items and metrics
       – Timeline, budget and responsibility
       – Integration across all platforms and technologies
       – Audience-specific messaging in the context of your
         overall brand promise
       – Integrate new thinking into your plan without
         abandoning what’s already working
Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                   PLASTICS CONFERENCE


 The New Fundamentals:
 • Your Website: The #1 B2B Marketing Tool
             • Create your website as a marketing portal
                   – Hub for both outbound and inbound marketing
                   – Make it engaging and easy to navigate
                   – Optimize your site for easy search engine discovery
                   – Use on-line newsrooms to build awareness and leadership
                     reputation
                   – Use microsites and landing pages to reach specific target
                     audiences with audience-specific messaging and to increase
                     quality content for search engines to index

Sponsored by: Trefoil Group            Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE




Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                PLASTICS CONFERENCE


 The New Fundamentals:
 • Create a robust online presence:
       – Customers are now their own gatekeepers
             • Active users of websites, social networks, search engines,
               product/company reviews, news venues, industry bloggers
       – Create profiles and become active in the social
         networks that make sense for you
       – Ensure you have a clear, consistent and compelling
         brand across all channels

Sponsored by: Trefoil Group        Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 The New Fundamentals:
 • Make marketing communications your
   supplemental sales force
       – Deepen relationships, keep prospects warm, free
         your sales team to focus on more productive prospect
         engagement.
       – Use tools to help navigate this new buying cycle
             • Lead nurturing software
             • Content development and marketing process

Sponsored by: Trefoil Group       Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Embrace Lead Nurturing & Content
   Marketing
       – Integrate a CRM system and/or marketing automation
         software to manage this lead nurturing process
       – Reach prospects with customized messaging or offers
       – Learn about and embrace online, social behaviors




Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Content Marketing
       – Nurtures prospects until they are qualified, educated
         and ready-to-buy, then pass to sales
          o Maximizes marketing investment while controlling cost of
            sale
       – Content marketing samples:
          o Company blog - provides current insights and information
          o E-communications vehicles, e-newsletters
          o White papers and primary research
          o Video content

Sponsored by: Trefoil Group      Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Content Marketing




Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                                 PLASTICS CONFERENCE


 • Equip Your Employees to Be Ambassadors
       – Provide consistent messaging that they can take to
         the marketplace
             • Hold the promise of your brand
             • Viral channels, social media, word-of-mouth
             • Produce social media policies
       – Distribute internal communications
             • E-newsletter
             • Internal social network (i.e. Chatter)
       – Reward and recognize top performers
Sponsored by: Trefoil Group          Presented by: Mary Scheibel & Christy Domanoski
SPI’S BUSINESS OF
                              PLASTICS CONFERENCE


 • Questions?




Sponsored by: Trefoil Group    Presented by: Mary Scheibel & Christy Domanoski

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Don't Be Out-Marketed: Selling in the New Reality

  • 1. SPI’S BUSINESS OF PLASTICS CONFERENCE Don’t Be Out-Marketed: Selling in the New Reality Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski April, 2012
  • 2. SPI’S BUSINESS OF PLASTICS CONFERENCE • Agenda – Introduction – Marketing in Manufacturing Today: Key trends – Review of 2011 Marketing Effectiveness Research – Your Brand: A Company’s Most Important Asset – Execution of a Strategic Marketing Program • Today’s new fundamentals – Website/online – Lead nurturing and content marketing – Employee engagement Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 3. SPI’S BUSINESS OF PLASTICS CONFERENCE • About Trefoil Group – Full service strategic marketing communications firm • Business/strategic counselors • Solid understanding of both traditional and new mediums • Experience in attracting both customers and talent – B2B with 20 years of experience in manufacturing • Niche focus in plastics – Clients have included material suppliers, toolmakers, equipment manufacturers, processors and related associations Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 4. SPI’S BUSINESS OF PLASTICS CONFERENCE • Our Three Critical Success Factors o Partner with business leaders to align communications with vision, objectives and strategies driving the business o Create meaningful differentiation through brand-based communications, grounded in research o Integrate communications to reach target audiences wherever they are – with information they care about Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 5. Marketing in Manufacturing Today: Key Trends
  • 6. SPI’S BUSINESS OF PLASTICS CONFERENCE • Marketing in Manufacturing Today – New opportunities. New technologies. New tools. – Expanded focus • From lead generation to lead nurturing • Attracting talent as well as customers – Today’s new B2B customer is armed with information and sometimes knows more than you do! – Marketing savvy, yet inferior competitors can beat you more easily than ever before Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 7. SPI’S BUSINESS OF PLASTICS CONFERENCE • Key Findings: 2011 Marketing Effectiveness (Research conducted in partnership with Plastics News) – A significant shift: companies 52.90 24.20 are investing more in % % marketing than in sales – Feet on the street no longer Increased Increased enough: marketing efforts investments in • 50% report sales are the sales force reaching less than 50% of their targets Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 8. SPI’S BUSINESS OF PLASTICS CONFERENCE • Key Findings: 2011 Marketing Effectiveness – 72% claim unique niche expertise (in what they do or how they do it), but don’t communicate this well Above Average Excellent 22.90% 20.30% 10.10% 5.60% 44.10% 35.90% 23.50% 28.80% Sales Internal Website/online Marketing conversations communications presence materials Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 9. SPI’S BUSINESS OF PLASTICS CONFERENCE • Key Findings: 2011 Marketing Effectiveness – 75% say recruitment is critical to success, but don’t know how to reach younger audiences Felt the following are important/very important to 71.60% future success 59.80% 40.50% 48.10% Ranked themselves as very 31.70% 39.60% good or excellent at the following 20.60% 18.70% Recruiting and retaining talent Equipping employees to be brand ambassadors Getting your message out via new mediums Using social marketing effectively Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 10. SPI’S BUSINESS OF PLASTICS CONFERENCE • What This Means to Us As Marketers – The risk: Companies are increasing investments, but not necessarily ROI • Creates ongoing dissatisfaction with marketing • If you’re not connecting what you’re doing to the goals of the business, you are part of the problem and not the solution – The opportunity: To connect marketing to the goals and objectives of the business, creating measurable ROI. Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 11. SPI’S BUSINESS OF PLASTICS CONFERENCE • The More Specific Opportunity: – Be strategic in aligning marketing with sales strategies – Move the needle from lead generation to lead nurturing – Create meaningful differentiation that speaks to both customers and recruits – Own the leadership position where you can – Integrate programs to include face-to-face, digital, PR and social media – Equip your employees to be brand ambassadors in your marketplace and your communities Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 12. SPI’S BUSINESS OF PLASTICS CONFERENCE • Bottom-line Opportunity – Create metrics to measure the true success of your program • Business goals, not open rates or click-throughs – Demand a return on your program • New opportunities to show ROI through targeted sales augmentation • If marketing is an investment, not an expense, than we as marketers need to prove it. Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 13. Your Brand: A Company’s Most Important Asset
  • 14. SPI’S BUSINESS OF PLASTICS CONFERENCE • The brand is a company’s most important, yet most overlooked asset – As important in B2B as it is in B2C – Crucial in both customer and talent acquisition • Your brand is what you want people to think about you Your Company = X Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 15. SPI’S BUSINESS OF PLASTICS CONFERENCE • Common Branding Pitfalls – Basing your brand on the category you’re in • Leading Plastics Injection Molders • Thermoforming Experts – Staking your claim to entry level attributes • Solutions Provider • Meeting or exceeding customer expectations – Relying on internal perceptions of your value – Mimicking what your competitors do and say Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 16. SPI’S BUSINESS OF PLASTICS CONFERENCE • Good Brands: – Establish relevance, personality and connect emotionally – Specify the company's value proposition – Change the conversation – Reposition the competition as followers – Drive perceptions externally and the culture internally – Differentiate the company for a competitive advantage Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 17. SPI’S BUSINESS OF PLASTICS CONFERENCE • Strong Brands Produce ROI By: – Sustaining differentiation in a crowded marketplace – Supporting premium pricing/guarding against price- based competition – Accelerating entry into new markets – Recruiting and retaining top talent – Increasing enterprise value Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 18. SPI’S BUSINESS OF PLASTICS CONFERENCE • Discover Your Brand – Answer key questions: • What do you do better than anyone else? • How does this align with what your target audiences care about today and in the future? – Conduct research – Information today is easy & fast • Internal interviews with leadership, sales and others • Company-wide on-line surveys • External research with customers, suppliers, industry experts – Face-to-face, telephone, focus groups, on-line Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 19. SPI’S BUSINESS OF PLASTICS CONFERENCE • Discover Your Brand – Look at your competitors • Your value is a relative assessment against the value I can get somewhere else – Be different. Not the same. • Understand what your competitors are saying and determine the opportunity to say something better • Remember, if everything else is equal, all that’s left is price Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 20. SPI’S BUSINESS OF PLASTICS CONFERENCE • Bring Your Brand to Life – Maintain consistency throughout all communications • Core narrative, communication keys to launch and cap conversations • Align messaging with audience needs and concerns – Be creative • Reach the consumer that’s in all of us • Make it compelling. Make it memorable. Make it relevant. Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 21. SPI’S BUSINESS OF PLASTICS CONFERENCE • Bring Your Brand to Life: Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 22. Designing & Implementing a Strategic Program
  • 23. SPI’S BUSINESS OF PLASTICS CONFERENCE • Key elements of a strategic marketing communications plan: – Goals, strategies, key action items and metrics – Timeline, budget and responsibility – Integration across all platforms and technologies – Audience-specific messaging in the context of your overall brand promise – Integrate new thinking into your plan without abandoning what’s already working Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 24. SPI’S BUSINESS OF PLASTICS CONFERENCE The New Fundamentals: • Your Website: The #1 B2B Marketing Tool • Create your website as a marketing portal – Hub for both outbound and inbound marketing – Make it engaging and easy to navigate – Optimize your site for easy search engine discovery – Use on-line newsrooms to build awareness and leadership reputation – Use microsites and landing pages to reach specific target audiences with audience-specific messaging and to increase quality content for search engines to index Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 25. SPI’S BUSINESS OF PLASTICS CONFERENCE Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 26. SPI’S BUSINESS OF PLASTICS CONFERENCE The New Fundamentals: • Create a robust online presence: – Customers are now their own gatekeepers • Active users of websites, social networks, search engines, product/company reviews, news venues, industry bloggers – Create profiles and become active in the social networks that make sense for you – Ensure you have a clear, consistent and compelling brand across all channels Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 27. SPI’S BUSINESS OF PLASTICS CONFERENCE The New Fundamentals: • Make marketing communications your supplemental sales force – Deepen relationships, keep prospects warm, free your sales team to focus on more productive prospect engagement. – Use tools to help navigate this new buying cycle • Lead nurturing software • Content development and marketing process Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 28. SPI’S BUSINESS OF PLASTICS CONFERENCE • Embrace Lead Nurturing & Content Marketing – Integrate a CRM system and/or marketing automation software to manage this lead nurturing process – Reach prospects with customized messaging or offers – Learn about and embrace online, social behaviors Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 29. SPI’S BUSINESS OF PLASTICS CONFERENCE • Content Marketing – Nurtures prospects until they are qualified, educated and ready-to-buy, then pass to sales o Maximizes marketing investment while controlling cost of sale – Content marketing samples: o Company blog - provides current insights and information o E-communications vehicles, e-newsletters o White papers and primary research o Video content Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 30. SPI’S BUSINESS OF PLASTICS CONFERENCE • Content Marketing Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 31. SPI’S BUSINESS OF PLASTICS CONFERENCE • Equip Your Employees to Be Ambassadors – Provide consistent messaging that they can take to the marketplace • Hold the promise of your brand • Viral channels, social media, word-of-mouth • Produce social media policies – Distribute internal communications • E-newsletter • Internal social network (i.e. Chatter) – Reward and recognize top performers Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski
  • 32. SPI’S BUSINESS OF PLASTICS CONFERENCE • Questions? Sponsored by: Trefoil Group Presented by: Mary Scheibel & Christy Domanoski