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MARKETING
INNOVATION
SUMMIT
FOR B2B
presented by
BET ON BINGEING:
WHY CONTENT CONSUMPTION IS THE KEY TO
BETTER CONVERSION
Nick Edouard
President & CMO
Hello! Nice to meet you
Nick Edouard
Co-Founder, President & CMO
LookBookHQ
•  Run Product & Engineering, Client
Success, Data & Marketing
•  Ex-strategy consultant (Arthur D. Little)
•  British. Obviously.
Happy 90th Birthday Her Majesty!
Queen’s 90th Birthday today!
LookBookHQ
Mission Customers Partners
We help B2B marketers
cultivate more informed,
sales-ready buyers faster
How? By ensuring they
always see the next most
relevant content asset
wherever and whenever
they engage.
>70
Enterprise & Mid-Market
Customers
Content Marketing Automation
Automating
Post Click
Personalized
Content Journeys
Information
Exchange
LookBookHQ
Recommend
LookBookHQ
Target
Genius Mix /
Playlist
Curated Playlist
Personalized Content Experiences
Content
Promotion
Conversion
ContentScience™
Our session today:
1. How are we using content today?
2. The importance of Content Bingeing
3. Results
4. The ACB of ABM
How are we using content today?
And why is it
so wrong…?
“Content fuels modern marketing” –
and B2B prospects need a lot of it
Awareness
Education
Consideration
Purchase
•  88% of B2B marketers use “content
marketing”
•  51% will increase their spend on
content in the next year (already 28%
of budget)
•  10 pieces of content are consumed
per persona before a purchasing
decision is made
Source: CMI / MarketingProfs; Google “Zero Moment of Truth”
Content is really an information
exchange
B2B Prospect B2B Marketer
Content Transaction
= Information Exchange
Awesome
White
Paper
Information
Information
Information about their problem,
your space, your solution, etc.
Information about them, their sales
readiness, etc. (explicit & implicit)
No real engagement metrics
Everyone looks the
same!
Did they engage
with the content?
Are they educated?
We’re ALL in the Attention Business
And attention is a gift
Average # of Business Emails
Received Per Day88
1,707
62
56
Average # of Banner Ads the Typical
Internet User is Served Per Month
Average # of meetings a typical
employee attends per month
Average # of “interruptions” an employee
experiences per day
Sources: The Radicati Group, 2014-2018 Email Statistics Report, Comscore, 7 Interruptions
The challenge for marketers
Quality
Quantity
Did Bob read the content?
Is he sufficiently educated to
move on to the next stage?
How do I get Bob’s attention
8 more times?
How do I move him through
all 8 content assets?
Narrow
engagement metrics
Low CTRs and 1:1 content
experiences
Which is why…
•  60-70% of content goes unused (SiriusDecisions)
•  Only 21% of B2B organizations are successful at tracking the ROI of their
content marketing (CMI / MarketingProfs)
•  30% of B2B marketers rating their use of content marketing as
“effective” (down from 42% in 2014) (CMI / MarketingProfs)
•  97% of B2B prospects recommend that marketers package content
together (DemandGen Report)
And (most damningly) this:
94%
of MQLs
never close
Source: SiriusDecisions
Pretty sure I
haven’t consumed
10 pieces of
content…
B2B’s content use model is broken
Marketers are delivering content
today like Blockbuster (RIP)
Vendor-Centric:
•  Limit engagement
•  No engagement metrics
•  Not personalized
•  Not convenient
We need a new intelligent model
Buyer-Centric:
•  Let them binge!
•  Real engagement data
•  Highly Personalized
•  Super convenientMarketers need to deliver content like
Netflix – programmatically
Content Bingeing
It’s all the
rage.
Everyone is bingeing!
How do you research & buy?
Piecemeal
You read a piece of content
about X every 2 weeks
Concentrated
You research X in bursts of
attention – 20 mins at a time
A. B.
Do More with the Moment
All visitors to
LookBooks
33%
consume more
than 1asset
7%
consume
every asset
Content engagement is an indicator of
sales readiness
Source: Analysis of client data (LookBook visitors and non-LookBook visitors progress through MAP and CRM lead stages)
Prospects that binge are 2.4X more
likely to be sales accepted
Make it easy to binge on content
We captured Bob’s attention &
he’s ready to engage!
White paper Web page
Third-party
report
Video
Give him an orchestrated
sequence of related content
while we’ve got him!
Like this – aggregated
Like this – sequenced
#C2C16	
  
click
click
0 min
3 min
Whitepaper
2 min
Analyst Report
5 min
VideoUse Case Video
Whitepaper
Whitepaper
Who engaged with what?
Sales Readiness Configuration
FAST Moving Buyers
Sales Readiness = High
AVERAGE Moving Buyers
Sales Readiness = Medium
SLOW Moving Buyers
Sales Readiness = Low
HIGH Content
Engagement
MEDIUM Content
Engagement
LOW Content
Engagement
Take action on the binge
Sales Readiness =
HIGH
Sales Readiness =
MEDIUM
Sales Readiness =
LOW
Treat content as a first class object
CONTENT
JOURNEY
Email
Web
Social
Display
Results
Show me the
money.
Our marketing
Email sent from our MAP with clear call to
action drives to…
…Flow LookBookHQ
content experience
Our marketing
Evaluate in Marketo Fire Sales Alert Track FMB Cohort in SFDC
Delivering real business value – with fast
time to value (1-2 months)
Source: All results from Q1 2016 from new customers in Q4 2015
34% increase in sales opportunities & $74K in new
pipeline from single LookBook content experience
300 MQLs from one campaign – unprecedented
volume & quality; re-upped with LookBookHQ for 4X
MRR
3X higher close rate (5% to 15%) on MQLs on first two
campaigns – rolling out across all campaigns
Delivering real business value – improving
MQL to SQL conversion rates
CMO at Mid-Market Technology Company
•  Single action content downloads: converted to SQL at <1% (well below… 0.2-0.3%)
•  LookBook Bingers: converted to SQL at 6%
•  When accelerated nurture on LookBook Bingers: converted to SQL at 12-15%
“Today our marketing and our triggers are based on individual discrete actions – clicks, form
fills, etc. LookBooks fundamentally change that – they allow us to look at intensity and
engagement across a sequenced content journey holistically”
Cetera – X2 marketing’s impact on
revenue
2x #1
Prospects That Binge
Are 2.4X More Likely to Be Accepted by Sales
Increase in Marketing
Sourced Revenue
Source of Qualified
Leads
Back-to-Back
Markies
Demandbase – use of LookBooks
Use	
  suppor.ng	
  short	
  form	
  assets	
  to	
  drive	
  faster	
  moving	
  
buyer	
  through	
  journey	
  
Bubble	
  up	
  fast	
  moving	
  buyers	
  to	
  sales	
  for	
  real-­‐.me	
  
follow	
  up,	
  in-­‐the-­‐moment	
  
Promote	
  long	
  form	
  assets	
  via	
  binge	
  consump.on	
  and	
  
prescribed	
  buyers’	
  journey	
  
The buyer’s nurtured journey
The impact of content journeys
Engagement
Deal Velocity
Pipeline Influence
ACV
+300%
+50%
+300%
+13%
Average time engaging with collateral in LookBook journey
vs. time consuming messaging on our website (single
journey comparison)
Period over period comparison – before using LookBook
journeys and after (Q215-Q315 vs. Q415-Q116)
Period over period comparison – before using LookBook
journeys and after (Q215-Q315 vs. Q415-Q116)
Difference in ACV for deals influenced by LookBook journey
vs NOT influenced during a single period (Q215-Q116)
The ACB of ABM
Account
Content
Bingeing
ABM Leadership Alliance:
ABM takes a village
•  ABM is an approach &
philosophy, not a single piece
of tech
•  It affects your entire tech
stack – hence the Alliance
•  Content engagement remains
key – as at prospect level
marketing
Content Engagement & ABM
•  ABM at scale needs Content Marketing
Automation
•  We’re ABM’s “Conversion Story”
•  Content Engagement Data per
Account (e.g. known & anon, by
content experience & assets, trend
data, etc.)
•  Sales Readiness Configuration by
Account
Integration with Demandbase [WIP]
Key
Takeaways
What have we learned?
Key Takeaways
1.  Engaged prospects want to binge on content
2.  We need to measure real engagement – intensity not just intent
3.  Content engagement is an excellent indicator of sales readiness
4.  Content marketing automation delivers ABM at scale
Questions?
Don’t be shy, get in touch
Nick Edouard, LookBookHQ
nick@lookbookhq.com / 647-241-2407 /
@nickedouard
Stop by our booth today!
www. lookbookhq.com
Come find us at:
Ø  Oracle’s MME
Ø  Marketo Summit
Ø  SiriusDecisions Summit

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Bet on Bingeing: Why Content Consumption is the Key to Better Conversion

  • 1. MARKETING INNOVATION SUMMIT FOR B2B presented by BET ON BINGEING: WHY CONTENT CONSUMPTION IS THE KEY TO BETTER CONVERSION Nick Edouard President & CMO
  • 2. Hello! Nice to meet you Nick Edouard Co-Founder, President & CMO LookBookHQ •  Run Product & Engineering, Client Success, Data & Marketing •  Ex-strategy consultant (Arthur D. Little) •  British. Obviously.
  • 3. Happy 90th Birthday Her Majesty! Queen’s 90th Birthday today!
  • 4. LookBookHQ Mission Customers Partners We help B2B marketers cultivate more informed, sales-ready buyers faster How? By ensuring they always see the next most relevant content asset wherever and whenever they engage. >70 Enterprise & Mid-Market Customers
  • 5. Content Marketing Automation Automating Post Click Personalized Content Journeys Information Exchange LookBookHQ Recommend LookBookHQ Target Genius Mix / Playlist Curated Playlist
  • 7. Our session today: 1. How are we using content today? 2. The importance of Content Bingeing 3. Results 4. The ACB of ABM
  • 8. How are we using content today? And why is it so wrong…?
  • 9. “Content fuels modern marketing” – and B2B prospects need a lot of it Awareness Education Consideration Purchase •  88% of B2B marketers use “content marketing” •  51% will increase their spend on content in the next year (already 28% of budget) •  10 pieces of content are consumed per persona before a purchasing decision is made Source: CMI / MarketingProfs; Google “Zero Moment of Truth”
  • 10. Content is really an information exchange B2B Prospect B2B Marketer Content Transaction = Information Exchange Awesome White Paper Information Information Information about their problem, your space, your solution, etc. Information about them, their sales readiness, etc. (explicit & implicit)
  • 11. No real engagement metrics Everyone looks the same! Did they engage with the content? Are they educated?
  • 12. We’re ALL in the Attention Business
  • 13. And attention is a gift Average # of Business Emails Received Per Day88 1,707 62 56 Average # of Banner Ads the Typical Internet User is Served Per Month Average # of meetings a typical employee attends per month Average # of “interruptions” an employee experiences per day Sources: The Radicati Group, 2014-2018 Email Statistics Report, Comscore, 7 Interruptions
  • 14. The challenge for marketers Quality Quantity Did Bob read the content? Is he sufficiently educated to move on to the next stage? How do I get Bob’s attention 8 more times? How do I move him through all 8 content assets? Narrow engagement metrics Low CTRs and 1:1 content experiences
  • 15. Which is why… •  60-70% of content goes unused (SiriusDecisions) •  Only 21% of B2B organizations are successful at tracking the ROI of their content marketing (CMI / MarketingProfs) •  30% of B2B marketers rating their use of content marketing as “effective” (down from 42% in 2014) (CMI / MarketingProfs) •  97% of B2B prospects recommend that marketers package content together (DemandGen Report)
  • 16. And (most damningly) this: 94% of MQLs never close Source: SiriusDecisions Pretty sure I haven’t consumed 10 pieces of content…
  • 17. B2B’s content use model is broken Marketers are delivering content today like Blockbuster (RIP) Vendor-Centric: •  Limit engagement •  No engagement metrics •  Not personalized •  Not convenient
  • 18. We need a new intelligent model Buyer-Centric: •  Let them binge! •  Real engagement data •  Highly Personalized •  Super convenientMarketers need to deliver content like Netflix – programmatically
  • 21. How do you research & buy? Piecemeal You read a piece of content about X every 2 weeks Concentrated You research X in bursts of attention – 20 mins at a time A. B.
  • 22. Do More with the Moment All visitors to LookBooks 33% consume more than 1asset 7% consume every asset
  • 23. Content engagement is an indicator of sales readiness Source: Analysis of client data (LookBook visitors and non-LookBook visitors progress through MAP and CRM lead stages) Prospects that binge are 2.4X more likely to be sales accepted
  • 24. Make it easy to binge on content We captured Bob’s attention & he’s ready to engage! White paper Web page Third-party report Video Give him an orchestrated sequence of related content while we’ve got him!
  • 25. Like this – aggregated
  • 26. Like this – sequenced
  • 27. #C2C16   click click 0 min 3 min Whitepaper 2 min Analyst Report 5 min VideoUse Case Video Whitepaper Whitepaper Who engaged with what?
  • 28. Sales Readiness Configuration FAST Moving Buyers Sales Readiness = High AVERAGE Moving Buyers Sales Readiness = Medium SLOW Moving Buyers Sales Readiness = Low HIGH Content Engagement MEDIUM Content Engagement LOW Content Engagement
  • 29. Take action on the binge Sales Readiness = HIGH Sales Readiness = MEDIUM Sales Readiness = LOW
  • 30. Treat content as a first class object CONTENT JOURNEY Email Web Social Display
  • 32. Our marketing Email sent from our MAP with clear call to action drives to… …Flow LookBookHQ content experience
  • 33. Our marketing Evaluate in Marketo Fire Sales Alert Track FMB Cohort in SFDC
  • 34. Delivering real business value – with fast time to value (1-2 months) Source: All results from Q1 2016 from new customers in Q4 2015 34% increase in sales opportunities & $74K in new pipeline from single LookBook content experience 300 MQLs from one campaign – unprecedented volume & quality; re-upped with LookBookHQ for 4X MRR 3X higher close rate (5% to 15%) on MQLs on first two campaigns – rolling out across all campaigns
  • 35. Delivering real business value – improving MQL to SQL conversion rates CMO at Mid-Market Technology Company •  Single action content downloads: converted to SQL at <1% (well below… 0.2-0.3%) •  LookBook Bingers: converted to SQL at 6% •  When accelerated nurture on LookBook Bingers: converted to SQL at 12-15% “Today our marketing and our triggers are based on individual discrete actions – clicks, form fills, etc. LookBooks fundamentally change that – they allow us to look at intensity and engagement across a sequenced content journey holistically”
  • 36. Cetera – X2 marketing’s impact on revenue 2x #1 Prospects That Binge Are 2.4X More Likely to Be Accepted by Sales Increase in Marketing Sourced Revenue Source of Qualified Leads Back-to-Back Markies
  • 37. Demandbase – use of LookBooks Use  suppor.ng  short  form  assets  to  drive  faster  moving   buyer  through  journey   Bubble  up  fast  moving  buyers  to  sales  for  real-­‐.me   follow  up,  in-­‐the-­‐moment   Promote  long  form  assets  via  binge  consump.on  and   prescribed  buyers’  journey  
  • 39. The impact of content journeys Engagement Deal Velocity Pipeline Influence ACV +300% +50% +300% +13% Average time engaging with collateral in LookBook journey vs. time consuming messaging on our website (single journey comparison) Period over period comparison – before using LookBook journeys and after (Q215-Q315 vs. Q415-Q116) Period over period comparison – before using LookBook journeys and after (Q215-Q315 vs. Q415-Q116) Difference in ACV for deals influenced by LookBook journey vs NOT influenced during a single period (Q215-Q116)
  • 40. The ACB of ABM Account Content Bingeing
  • 41. ABM Leadership Alliance: ABM takes a village •  ABM is an approach & philosophy, not a single piece of tech •  It affects your entire tech stack – hence the Alliance •  Content engagement remains key – as at prospect level marketing
  • 42. Content Engagement & ABM •  ABM at scale needs Content Marketing Automation •  We’re ABM’s “Conversion Story” •  Content Engagement Data per Account (e.g. known & anon, by content experience & assets, trend data, etc.) •  Sales Readiness Configuration by Account
  • 45. Key Takeaways 1.  Engaged prospects want to binge on content 2.  We need to measure real engagement – intensity not just intent 3.  Content engagement is an excellent indicator of sales readiness 4.  Content marketing automation delivers ABM at scale
  • 47. Don’t be shy, get in touch Nick Edouard, LookBookHQ nick@lookbookhq.com / 647-241-2407 / @nickedouard Stop by our booth today! www. lookbookhq.com Come find us at: Ø  Oracle’s MME Ø  Marketo Summit Ø  SiriusDecisions Summit