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How to Sell
                                                                       Content
                                                                       Marketing
                                                                       Software
                                                                       to the C-Suite
                                                                       A Guide by Compendium




Content marketing is the best form of marketing today     helping them to implement powerful content marketing
and you know it. It helps you…                            programs enabled by our content marketing software.
                                                          We asked our customers how they made their case to
•	   Market the way customers want to buy                 their key stakeholders. This guide provides the best
•	   Reach the right prospects more effectively           practices from marketers just like you. You will learn:
•	   Differentiate your organization from competitors
•	   Improve conversion rates, revenue, and alignment     •	 What executives worry about
     between marketing, sales, and service                •	 How they think about the marketing department
                                                          •	 How content marketing software can address their
The challenge is to get your executive team to buy into      concerns and win them over
content marketing. The good news is that you already
know how to do it. You need to convince your key          Why Marketing is More Important than Ever
decision makers…just like any good marketing program      Before
does. You will need to use the language of the customer
and, in this case, that means you need to use the         Marketing used to be thought of as an unmeasurable
language of your CEO, CMO, CFO, and IT department.        discipline. As a result, the “measurable” disciplines like
                                                          Operations, Finance, and Accounting commanded the
This quick guide will help you do just that. At           most power in an organization. Digital communication
Compendium, we work with hundreds of marketers,           has changed all of that. Today, marketers can track

Compendium, the Content Marketing Software                                  317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                           2


things they only dreamed of knowing 15 years ago.         Content marketing can help. Content marketing
                                                          programs—enabled by content marketing software—
Additionally, marketers today can connect with            help organizations market the way today’s buyer
customers in a way they never could before. You can       wants to purchase. Marketers who employ a content
speak directly to customers through social networks,      marketing strategy successfully differentiate their
blogs, content hubs, mobile, and email. This is           organization, while bringing down long-term marketing
important, because the modern buyer is changing faster    costs associated with growth.
than at anytime before. Change in any
market creates both opportunity and
instability. As a marketer, you are in a
great position to help your organization
navigate the changing landscape.

So how do we help your executive team
understand the value you can provide?
Let’s start with your CEO. Your CEO
spends time thinking about:

1.	   Growth
2.	   Customer satisfaction and retention
3.	   Change in the market
4.	   The competition
5.	   Profitability

What does your CEO worry about?
Anything that relates to these two issues:

1.	 How can we keep growing despite our
    current constraints?
2.	 How can we differentiate from our
    competitors so customers choose us?

CEOs spend a lot of time thinking
about the uncertain areas of life. They
love the things they can measure and control. It is the   What is Content Marketing?
unpredictable stuff that they worry about.
                                                          Today’s buyer knows more about the products and
They know that markets aren’t getting any less            services they purchase than ever before. Using search
competitive. CEOs can see it in the organization’s        and social media, buyers can easily access information
margins. What they want is a way to differentiate the     that was previously unavailable to them. A 2011 Google
company so buyers are more likely to choose your          study determined that the average consumer uses 10.4
company above all other opportunities. They want to       sources of information before making a purchase. In
stand out so the company can grow without marketing       some product/service categories, buyers may consult
spend growing proportionally.                             as many as 21 different sources of information prior to
                                                          purchase.



Compendium, the Content Marketing Software                                 317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                                   3


Marketers now have a simple choice to make. They               disappearing in the Twitter stream
can either be a part of the buyer research process or       •	 Doing more with the same effort…marketing
they can let someone else educate their prospective            teams aren’t getting bigger and a content marketing
customer and hope for the best. Marketers who choose           platform can help you save time and be more
to be part of the education process use a strategy called      effective
Content Marketing. Content Marketers earn the               •	 Providing easy message control with a customizable
buyer’s attention and trust through the creation and           workflow and approval process, ensuring that you
distribution of engaging, educational (and possibly            only publish what you want to publish
entertaining) content. This strategy is increasingly        •	 Integrating with other marketing solutions like
important as buyers now use technology to get                  email service providers, marketing automation
desired information, while interacting with traditional        partners, and CRM to facilitate the repurposing of
marketing efforts only if they choose to do so.                valuable content across channels
                                                            •	 Reducing the burden on an already stretched IT team
Content Marketing requires a combination of people,
process, and technology to:                                 5 Benefits of Content Marketing, Powered by
                                                            a Content Marketing Platform
•	 Plan the story you want to tell to current and
   prospective customers at each stage of the buyer/        •	 Lower customer acquisition costs over time
   customer journey                                         •	 Shorter and faster sales cycles
•	 Create on-message content that aligns with the           •	 Message control; you own the content and the
   buyer/customer journey, while also capturing                platform, unlike content posted on Facebook,
   stories from happy customers                                Twitter, and LinkedIn
•	 Publish your content to a branded content hub and        •	 Future proof your marketing; the Internet changes
   distribute it to relevant social networks                   rapidly and the right solution keeps up with and
•	 Measure the results to refine your program over             anticipates change
   time                                                     •	 Higher ROI from marketing and sales

With Content Marketing, you can differentiate your          Make the CEO your Content Marketing
organization from competitors, maintain a close             Standard Bearer
relationship with customers, and develop an asset that
grows revenue over time, without an equivalent increase     Here’s how to get through to your CEO. Start by
in marketing expense.                                       explaining that content marketing via a content
                                                            marketing platform aligns with the way buyers want to
A Content Marketing platform helps you do that by:          learn about what you do. That translates into a better
                                                            buyer experience, lower cost of acquisition over time,
•	 Establishing a thought leadership position that          and an opportunity to differentiate your organization in
   differentiates your organization                         a changing environment.
•	 Empowering employees across the company,
   customers, partners, and contractors to create           •	 Don’t start with ROI – help your CEO understand
   on-message content on your behalf, which solves             what your buyer wants to see first
   one of the biggest content marketing challenges…         •	 Discuss the process, systems, and consistency you
   getting enough content                                      will need to enact a strategy that differentiates you.
•	 Creating a single repository of your content in          •	 Talk about the content planning process (prospect
   a branded hub, which helps drive search traffic             personas, content needs, etc.), campaign calendar,
   and allows your content and social media efforts            and weekly publishing schedule
   to continue to provide value over time instead of

Compendium, the Content Marketing Software                                    317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                              4


Explain how you can measure the program by looking          Getting the CMO On Board
at engagement with your content, sales lift, conversions,
and overall awareness of your organization.                 You would expect your CMO to support the
                                                            implementation of a content marketing program.
                                                            Usually they are your strongest supporter, but your
                                                            CMO didn’t end up leading your marketing team by
   CEO Conversation Starters                                making investments without a plan. Your CMO’s
                                                            biggest concerns are:

                                                            •	   Growth and customer acquisition costs
   SAY: “According to research by PEW,
                                                            •	   Differentiation to maintain margins
   58% of Americans have researched a                       •	   Keeping up with changing buyer behavior
   product or service online. If we’re not                  •	   Brand development and consistency
   out there educating our customers and                    •	   Customer experience and perception
   helping them solve their problems,                       •	   Resource constraints
   someone else will.”
                                                            What keeps your CMO up at night?

                                                            1.	 How can we grow market share without a linear
   SAY: “A Google study found that, in                          increase in marketing investment?
   2011, buyers used 10.4 sources of                        2.	 How do we differentiate in a world where buyers
   information to make a decision—up                            have more information and control than ever before?
   from 5.3 in 2010. If we don’t provide                    3.	 How do we keep up with a constantly increasing
                                                                number of online communication channels?
   the information our buyers want,
                                                            4.	 How do we get more done without adding
   someone else will.”                                          headcount?

                                                            It is a challenging time to be a CMO. Marketing
   SAY: “When our customers are                             departments have to navigate change at a faster pace
   searching for products that we sell,                     than ever before. Marketing is more measureable
                                                            thanks to new technology, but it is also more
   they use certain keywords. Content
                                                            challenging. Buyers can quickly learn a lot about your
   marketing can help us show up when                       company before they choose to contact you. As a result,
   our customers use these keywords.”                       today’s buyer expects a high degree of transparency and
                                                            available information.
   Show your boss search terms that are
   relevant to your business that you’re                    We are all changing the way we work and the way we
                                                            interact with buyers to adjust to today’s environment.
   not currently capitalizing on. Explain
                                                            The good news is that change brings about opportunity.
   to him or her that content marketing                     Savvy CMOs are implementing content marketing
   programs don’t guarantee that you’ll                     programs at a rapid pace because they know they
   win each and every keyword, but they                     align with the way today’s buyer wants to receive
   will help your company become much                       information. The challenge is that what it actually takes
   more relevant in search.                                 to manage and execute a successful content marketing
                                                            program usually isn’t well understood by your CMO. It
                                                            is your job to help your CMO understand how a content

Compendium, the Content Marketing Software                                   317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                            5


marketing platform will help you meet the company’s
goals.
                                                               CMO Conversation Starters
Getting the CMOs Support for a Content
Marketing Platform
                                                               SAY: “Strong social media marketing requires
Your CMO is smart and can appreciate the benefits              good content. Content marketing attracts and
of a content marketing program. But, as a discipline,          engages buyers, while social media amplifies
content marketing is still new to many marketers,              our message. Companies that can integrate
which means they may not be as familiar with the day-          content marketing and social media are able to
to-day tasks and challenges associated with running a          sell the way their buyers want to buy.”
content marketing program. What the CMO does know
is the result he wants; and the challenge of keeping
a consistent brand message across digital channels.            SAY: “One of our biggest challenges today
Show the CMO the daily, weekly, and monthly tasks              is keeping up with a growing number of
and workflow associated with running your content              marketing channels. Content marketing helps
marketing program.                                             us maintain brand consistency across channels.”

Provide fair estimates of the amount of time it would
take to accomplish each step without a content                 SAY: “A recent study by the Corporate Executive
marketing platform. Include estimates for content              Board found that across industries buyer’s
planning, assigning content to writers, editing articles/      contact the company after they have already
posts, publishing posts, promoting posts to social media       completed 60% of the purchasing decision.”
sites, and repurposing content in other channels like
email. If you need help getting estimates, you can get
reference points from Compendium and marketers at
other companies.                                            Getting Finance’s Sign Off
•	 Walk through how you will be able to measure your        The person in charge of your company’s finances is
   efforts                                                  all about the numbers. Finance executives are most
•	 Show how you can keep the message consistent             concerned about:
   across digital channels (your site, social networks,
   email, etc.)                                             •	 Profitable growth
•	 Show how you can make your existing content              •	 Operating and capital expenses
   resources go further by easily tapping into the          •	 Return on investment and risk management
   knowledge available from other employees,
   partners, and customers                                  What keeps your CFO up at night?
•	 Help them understand how the platform will help
   you execute at a higher level and do more in less        •	 How can we grow market share and increase
   time.                                                       customer loyalty while keeping marketing dollars in
                                                               check?
                                                            •	 How can we maintain margins under competitive
                                                               price pressure?
                                                            •	 How do we forecast marketing expenses and cost
                                                               of customer acquisition in light of a shaky global
                                                               economy?

Compendium, the Content Marketing Software                                   317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                                 6


                                                                           your company stand out, while educating
                                                                           buyers about your differentiated options,
                                                                           and maintaining margins.

                                                                           Show Finance the Money

                                                                           Your finance executive is analytical and
                                                                           likes data. Show how you can track
                                                                           prospect and customer behavior using
                                                                           analytics. Highlight how you can integrate
                                                                           your content marketing platform with
                                                                           email service providers, social networks,
                                                                           CRM, and marketing automation
                                                                           platforms to track leads and leverage
                                                                           the same content assets across multiple
                                                                           channels over time.

                                                                           Real World Results From Content
                                                                           Marketing

                                                                             When it comes to investment decisions,
                                                                             your CFO needs a business case that
                                                                             aligns with a strategic objective and
Chief Financial Officers                                     forecasts a targeted return. You can do that with a
                                                             content marketing platform. Here are a few examples
One of your finance executive’s biggest concerns is          from Compendium customers:
how to grow the business without a linear increase
in expenditures. Content marketing helps solve that          •	 An event management software company increased
problem. A good content marketing program is an                 traffic by 175 percent and sales-ready leads by 325
asset that increases in value over time. Like an annuity        percent
a good piece of content continues to generate value          •	 A developer and manufacturer of electronic
from search and social media long after it was produced.        assembly materials boosted online lead generation
Traditional advertising is like a fossil fuel, while good       by 83 percent
content is more like a renewable resource. The article,      •	 A public SaaS company drives hundreds of new
blog post, or video you did for last year’s holiday season      leads each month by leveraging on-message
can be reused/repurposed the following year. That               employee thought leadership
translates to lower operating expenses over time to          •	 A major children’s education retailer collected over
support growth.                                                 500 happy customer stories that they repurposed
                                                                across channels, yielding a 23 percent click-through
A content marketing program provides an opportunity             rate, which is 14 times their industry average
to differentiate your offerings, which is the only way
to maintain margins. A recent McKinsey study found
that prices drop by 10 percent or more when buyers
do Internet research. That means buyers can’t see a
meaningful difference between product/service options.
Help your CFO understand how good content can make

Compendium, the Content Marketing Software                                    317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                                 7


                                                           for marketing and IT to appreciate the needs and
                                                           demands of each team’s respective work. You need
   CFO Conversation Starters                               assistance from your in-house technical team to execute
                                                           campaigns, make changes to the website, and integrate
                                                           databases. For your IT department, marketing is one
                                                           of several internal customers. Your CIO or IT team is
   SAY: “Managing a consistent message
                                                           concerned with:
   across marketing channels has become
   a time-consuming and costly task for the                1.	 Maintenance, updates, and optimization of current
   marketing department, especially with                       systems and infrastructure
   the explosion of social media outlets.                  2.	 Data and overall system security
   With content marketing software, the                    3.	 Support for a mobile workforce and ever-growing
   time needed to manage the creation,                         numbers of devices
   workflow, and distribution can be greatly               4.	 Integration and impact of cloud computing and
                                                               virtualization
   reduced, freeing up the marketer’s time
                                                           5.	 Process automation
   for other value-added activities and                    6.	 Scalability and information backups
   improving return on investment.”                        7.	 Compatibility and interoperability of different
                                                               software and hardware solutions
                                                           8.	 Operating costs
   SAY: “A content marketing platform
   will help us do more, without raising                   In fact, this person is often up at night worrying about
   headcount, by integrating content                       the following:
   creation, management, and social
                                                           •	 How can our team accomplish its goals with limited
   promotion. Social media channels are                       funding, technical resources, tight timelines, and
   a cheap way to expand the reach of our                     weak support from management?
   message, but that only happens if we                    •	 How do we demonstrate the competitive advantage
   have content.”                                             IT can provide?
                                                           •	 How can we meet the company’s needs in the most
                                                              efficient manner possible?
                                                           •	 How can we make data available to help the
   SAY: “When employed correctly,
                                                              company make better decisions?
   content marketing campaigns have
   been shown to generate more leads                       Given the constraints the average IT department operates
   than paid search, while costing as                      under, you can understand why IT can be skeptical
   much as 31% less.”                                      when you want to implement a new solution. The IT
                                                           department doesn’t think you know what it will take
                                                           to actually implement and maintain a new system.
                                                           They know that the burden of implementation and
                                                           maintenance usually falls on them. When you ask to start
Winning Over IT (and the CIO)                              a new program, IT generally hears that as a request for
                                                           more ongoing work from them with already constrained
Your day-to-day responsibilities and concerns are fairly   resources. IT departments get particularly frustrated
different than the responsibilities and concerns of your   when you involve them late in the process of a purchase
company’s IT department. That can make it challenging      decision and then ask for an accelerated timeline.

Compendium, the Content Marketing Software                                   317-777-6100 | info@compendium.com
How to Sell Content Marketing Software to the C-Suite                                                                8


Show IT Your Practical Side                                   maintaining integrations? Who is responsible for
                                                              updates and adding the latest social media widget?
Use this approach to collaborate with IT. First, explain      How does this affect the IT team and other systems
how an investment in a content marketing platform is a        within our organization?
win for both marketing and IT.                             •	 What type of ongoing support does the vendor
                                                              deliver? What type of uptime guarantees and SLAs
The Solution                                                  do they provide?
                                                           •	 If we want to change solutions, what does it take to
•	 Provides a platform that is constantly innovated on        export our data and end the contract?
   in an area that changes quickly, which reduces IT’s
   burden to “future proof ”                               Your CIO will evaluate the answers holistically with
•	 Allows IT to devote scarce resources to providing       particular emphasis on interdependencies. As you start
   competitive advantage for the products and services     evaluating content marketing platforms, ask if you can
   you provide to your customers                           meet with the head of IT to get a comprehensive list of
•	 Provides a more powerful and functional solution        questions. Then schedule a follow-up meeting where
   that can be operated by non-technical users, which      you can share the answers.
   speeds up the organizations ability to
   act, while reducing the burden on IT

Tips for getting IT on Board with
a Content Marketing Platform

•	 Provide information in a concrete,
   logical manner (include details)
•	 Introduce IT to the content marketing
   platform vendor early on
•	 Involve IT in conversations with the
   content marketing platform provider
   to ensure a smooth implementation

Questions from IT
                                                           You are Ready to Go
IT departments deal in details not generalities. Provide
answers to the following questions in a structured way     You understand what motivates your CEO, CMO, CFO,
with detail:                                               and IT. They each have specific concerns that relate
                                                           to their role, but what they all care about is the result
•	 How does this solution work? Is it hosted on            you can deliver. Help them understand the benefits that
   premise or is it a SaaS offering? What’s required of    content marketing provides. Then talk about how a
   IT to get it implemented?                               content marketing platform can help you deliver results.
•	 How and where is our data stored, backed-up,            IT will need to understand how a content marketing
   transmitted, and secured? How are our existing          platform will work with existing infrastructure without
   operations and security systems protected when we       adding any burdens. This guide provides best practices
   plug into this solution?                                from hundreds of marketers. Take their advice and you
•	 What are the regular, ongoing, operational aspects      will be well on your way to content marketing success.
   of the solution? For instance, who is responsible
   for design changes, adding/editing users, and

Compendium, the Content Marketing Software                                  317-777-6100 | info@compendium.com

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Selling Content Marketing Software to the C-Suite

  • 1. How to Sell Content Marketing Software to the C-Suite A Guide by Compendium Content marketing is the best form of marketing today helping them to implement powerful content marketing and you know it. It helps you… programs enabled by our content marketing software. We asked our customers how they made their case to • Market the way customers want to buy their key stakeholders. This guide provides the best • Reach the right prospects more effectively practices from marketers just like you. You will learn: • Differentiate your organization from competitors • Improve conversion rates, revenue, and alignment • What executives worry about between marketing, sales, and service • How they think about the marketing department • How content marketing software can address their The challenge is to get your executive team to buy into concerns and win them over content marketing. The good news is that you already know how to do it. You need to convince your key Why Marketing is More Important than Ever decision makers…just like any good marketing program Before does. You will need to use the language of the customer and, in this case, that means you need to use the Marketing used to be thought of as an unmeasurable language of your CEO, CMO, CFO, and IT department. discipline. As a result, the “measurable” disciplines like Operations, Finance, and Accounting commanded the This quick guide will help you do just that. At most power in an organization. Digital communication Compendium, we work with hundreds of marketers, has changed all of that. Today, marketers can track Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 2. How to Sell Content Marketing Software to the C-Suite 2 things they only dreamed of knowing 15 years ago. Content marketing can help. Content marketing programs—enabled by content marketing software— Additionally, marketers today can connect with help organizations market the way today’s buyer customers in a way they never could before. You can wants to purchase. Marketers who employ a content speak directly to customers through social networks, marketing strategy successfully differentiate their blogs, content hubs, mobile, and email. This is organization, while bringing down long-term marketing important, because the modern buyer is changing faster costs associated with growth. than at anytime before. Change in any market creates both opportunity and instability. As a marketer, you are in a great position to help your organization navigate the changing landscape. So how do we help your executive team understand the value you can provide? Let’s start with your CEO. Your CEO spends time thinking about: 1. Growth 2. Customer satisfaction and retention 3. Change in the market 4. The competition 5. Profitability What does your CEO worry about? Anything that relates to these two issues: 1. How can we keep growing despite our current constraints? 2. How can we differentiate from our competitors so customers choose us? CEOs spend a lot of time thinking about the uncertain areas of life. They love the things they can measure and control. It is the What is Content Marketing? unpredictable stuff that they worry about. Today’s buyer knows more about the products and They know that markets aren’t getting any less services they purchase than ever before. Using search competitive. CEOs can see it in the organization’s and social media, buyers can easily access information margins. What they want is a way to differentiate the that was previously unavailable to them. A 2011 Google company so buyers are more likely to choose your study determined that the average consumer uses 10.4 company above all other opportunities. They want to sources of information before making a purchase. In stand out so the company can grow without marketing some product/service categories, buyers may consult spend growing proportionally. as many as 21 different sources of information prior to purchase. Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 3. How to Sell Content Marketing Software to the C-Suite 3 Marketers now have a simple choice to make. They disappearing in the Twitter stream can either be a part of the buyer research process or • Doing more with the same effort…marketing they can let someone else educate their prospective teams aren’t getting bigger and a content marketing customer and hope for the best. Marketers who choose platform can help you save time and be more to be part of the education process use a strategy called effective Content Marketing. Content Marketers earn the • Providing easy message control with a customizable buyer’s attention and trust through the creation and workflow and approval process, ensuring that you distribution of engaging, educational (and possibly only publish what you want to publish entertaining) content. This strategy is increasingly • Integrating with other marketing solutions like important as buyers now use technology to get email service providers, marketing automation desired information, while interacting with traditional partners, and CRM to facilitate the repurposing of marketing efforts only if they choose to do so. valuable content across channels • Reducing the burden on an already stretched IT team Content Marketing requires a combination of people, process, and technology to: 5 Benefits of Content Marketing, Powered by a Content Marketing Platform • Plan the story you want to tell to current and prospective customers at each stage of the buyer/ • Lower customer acquisition costs over time customer journey • Shorter and faster sales cycles • Create on-message content that aligns with the • Message control; you own the content and the buyer/customer journey, while also capturing platform, unlike content posted on Facebook, stories from happy customers Twitter, and LinkedIn • Publish your content to a branded content hub and • Future proof your marketing; the Internet changes distribute it to relevant social networks rapidly and the right solution keeps up with and • Measure the results to refine your program over anticipates change time • Higher ROI from marketing and sales With Content Marketing, you can differentiate your Make the CEO your Content Marketing organization from competitors, maintain a close Standard Bearer relationship with customers, and develop an asset that grows revenue over time, without an equivalent increase Here’s how to get through to your CEO. Start by in marketing expense. explaining that content marketing via a content marketing platform aligns with the way buyers want to A Content Marketing platform helps you do that by: learn about what you do. That translates into a better buyer experience, lower cost of acquisition over time, • Establishing a thought leadership position that and an opportunity to differentiate your organization in differentiates your organization a changing environment. • Empowering employees across the company, customers, partners, and contractors to create • Don’t start with ROI – help your CEO understand on-message content on your behalf, which solves what your buyer wants to see first one of the biggest content marketing challenges… • Discuss the process, systems, and consistency you getting enough content will need to enact a strategy that differentiates you. • Creating a single repository of your content in • Talk about the content planning process (prospect a branded hub, which helps drive search traffic personas, content needs, etc.), campaign calendar, and allows your content and social media efforts and weekly publishing schedule to continue to provide value over time instead of Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 4. How to Sell Content Marketing Software to the C-Suite 4 Explain how you can measure the program by looking Getting the CMO On Board at engagement with your content, sales lift, conversions, and overall awareness of your organization. You would expect your CMO to support the implementation of a content marketing program. Usually they are your strongest supporter, but your CMO didn’t end up leading your marketing team by CEO Conversation Starters making investments without a plan. Your CMO’s biggest concerns are: • Growth and customer acquisition costs SAY: “According to research by PEW, • Differentiation to maintain margins 58% of Americans have researched a • Keeping up with changing buyer behavior product or service online. If we’re not • Brand development and consistency out there educating our customers and • Customer experience and perception helping them solve their problems, • Resource constraints someone else will.” What keeps your CMO up at night? 1. How can we grow market share without a linear SAY: “A Google study found that, in increase in marketing investment? 2011, buyers used 10.4 sources of 2. How do we differentiate in a world where buyers information to make a decision—up have more information and control than ever before? from 5.3 in 2010. If we don’t provide 3. How do we keep up with a constantly increasing number of online communication channels? the information our buyers want, 4. How do we get more done without adding someone else will.” headcount? It is a challenging time to be a CMO. Marketing SAY: “When our customers are departments have to navigate change at a faster pace searching for products that we sell, than ever before. Marketing is more measureable thanks to new technology, but it is also more they use certain keywords. Content challenging. Buyers can quickly learn a lot about your marketing can help us show up when company before they choose to contact you. As a result, our customers use these keywords.” today’s buyer expects a high degree of transparency and available information. Show your boss search terms that are relevant to your business that you’re We are all changing the way we work and the way we interact with buyers to adjust to today’s environment. not currently capitalizing on. Explain The good news is that change brings about opportunity. to him or her that content marketing Savvy CMOs are implementing content marketing programs don’t guarantee that you’ll programs at a rapid pace because they know they win each and every keyword, but they align with the way today’s buyer wants to receive will help your company become much information. The challenge is that what it actually takes more relevant in search. to manage and execute a successful content marketing program usually isn’t well understood by your CMO. It is your job to help your CMO understand how a content Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 5. How to Sell Content Marketing Software to the C-Suite 5 marketing platform will help you meet the company’s goals. CMO Conversation Starters Getting the CMOs Support for a Content Marketing Platform SAY: “Strong social media marketing requires Your CMO is smart and can appreciate the benefits good content. Content marketing attracts and of a content marketing program. But, as a discipline, engages buyers, while social media amplifies content marketing is still new to many marketers, our message. Companies that can integrate which means they may not be as familiar with the day- content marketing and social media are able to to-day tasks and challenges associated with running a sell the way their buyers want to buy.” content marketing program. What the CMO does know is the result he wants; and the challenge of keeping a consistent brand message across digital channels. SAY: “One of our biggest challenges today Show the CMO the daily, weekly, and monthly tasks is keeping up with a growing number of and workflow associated with running your content marketing channels. Content marketing helps marketing program. us maintain brand consistency across channels.” Provide fair estimates of the amount of time it would take to accomplish each step without a content SAY: “A recent study by the Corporate Executive marketing platform. Include estimates for content Board found that across industries buyer’s planning, assigning content to writers, editing articles/ contact the company after they have already posts, publishing posts, promoting posts to social media completed 60% of the purchasing decision.” sites, and repurposing content in other channels like email. If you need help getting estimates, you can get reference points from Compendium and marketers at other companies. Getting Finance’s Sign Off • Walk through how you will be able to measure your The person in charge of your company’s finances is efforts all about the numbers. Finance executives are most • Show how you can keep the message consistent concerned about: across digital channels (your site, social networks, email, etc.) • Profitable growth • Show how you can make your existing content • Operating and capital expenses resources go further by easily tapping into the • Return on investment and risk management knowledge available from other employees, partners, and customers What keeps your CFO up at night? • Help them understand how the platform will help you execute at a higher level and do more in less • How can we grow market share and increase time. customer loyalty while keeping marketing dollars in check? • How can we maintain margins under competitive price pressure? • How do we forecast marketing expenses and cost of customer acquisition in light of a shaky global economy? Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 6. How to Sell Content Marketing Software to the C-Suite 6 your company stand out, while educating buyers about your differentiated options, and maintaining margins. Show Finance the Money Your finance executive is analytical and likes data. Show how you can track prospect and customer behavior using analytics. Highlight how you can integrate your content marketing platform with email service providers, social networks, CRM, and marketing automation platforms to track leads and leverage the same content assets across multiple channels over time. Real World Results From Content Marketing When it comes to investment decisions, your CFO needs a business case that aligns with a strategic objective and Chief Financial Officers forecasts a targeted return. You can do that with a content marketing platform. Here are a few examples One of your finance executive’s biggest concerns is from Compendium customers: how to grow the business without a linear increase in expenditures. Content marketing helps solve that • An event management software company increased problem. A good content marketing program is an traffic by 175 percent and sales-ready leads by 325 asset that increases in value over time. Like an annuity percent a good piece of content continues to generate value • A developer and manufacturer of electronic from search and social media long after it was produced. assembly materials boosted online lead generation Traditional advertising is like a fossil fuel, while good by 83 percent content is more like a renewable resource. The article, • A public SaaS company drives hundreds of new blog post, or video you did for last year’s holiday season leads each month by leveraging on-message can be reused/repurposed the following year. That employee thought leadership translates to lower operating expenses over time to • A major children’s education retailer collected over support growth. 500 happy customer stories that they repurposed across channels, yielding a 23 percent click-through A content marketing program provides an opportunity rate, which is 14 times their industry average to differentiate your offerings, which is the only way to maintain margins. A recent McKinsey study found that prices drop by 10 percent or more when buyers do Internet research. That means buyers can’t see a meaningful difference between product/service options. Help your CFO understand how good content can make Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 7. How to Sell Content Marketing Software to the C-Suite 7 for marketing and IT to appreciate the needs and demands of each team’s respective work. You need CFO Conversation Starters assistance from your in-house technical team to execute campaigns, make changes to the website, and integrate databases. For your IT department, marketing is one of several internal customers. Your CIO or IT team is SAY: “Managing a consistent message concerned with: across marketing channels has become a time-consuming and costly task for the 1. Maintenance, updates, and optimization of current marketing department, especially with systems and infrastructure the explosion of social media outlets. 2. Data and overall system security With content marketing software, the 3. Support for a mobile workforce and ever-growing time needed to manage the creation, numbers of devices workflow, and distribution can be greatly 4. Integration and impact of cloud computing and virtualization reduced, freeing up the marketer’s time 5. Process automation for other value-added activities and 6. Scalability and information backups improving return on investment.” 7. Compatibility and interoperability of different software and hardware solutions 8. Operating costs SAY: “A content marketing platform will help us do more, without raising In fact, this person is often up at night worrying about headcount, by integrating content the following: creation, management, and social • How can our team accomplish its goals with limited promotion. Social media channels are funding, technical resources, tight timelines, and a cheap way to expand the reach of our weak support from management? message, but that only happens if we • How do we demonstrate the competitive advantage have content.” IT can provide? • How can we meet the company’s needs in the most efficient manner possible? • How can we make data available to help the SAY: “When employed correctly, company make better decisions? content marketing campaigns have been shown to generate more leads Given the constraints the average IT department operates than paid search, while costing as under, you can understand why IT can be skeptical much as 31% less.” when you want to implement a new solution. The IT department doesn’t think you know what it will take to actually implement and maintain a new system. They know that the burden of implementation and maintenance usually falls on them. When you ask to start Winning Over IT (and the CIO) a new program, IT generally hears that as a request for more ongoing work from them with already constrained Your day-to-day responsibilities and concerns are fairly resources. IT departments get particularly frustrated different than the responsibilities and concerns of your when you involve them late in the process of a purchase company’s IT department. That can make it challenging decision and then ask for an accelerated timeline. Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com
  • 8. How to Sell Content Marketing Software to the C-Suite 8 Show IT Your Practical Side maintaining integrations? Who is responsible for updates and adding the latest social media widget? Use this approach to collaborate with IT. First, explain How does this affect the IT team and other systems how an investment in a content marketing platform is a within our organization? win for both marketing and IT. • What type of ongoing support does the vendor deliver? What type of uptime guarantees and SLAs The Solution do they provide? • If we want to change solutions, what does it take to • Provides a platform that is constantly innovated on export our data and end the contract? in an area that changes quickly, which reduces IT’s burden to “future proof ” Your CIO will evaluate the answers holistically with • Allows IT to devote scarce resources to providing particular emphasis on interdependencies. As you start competitive advantage for the products and services evaluating content marketing platforms, ask if you can you provide to your customers meet with the head of IT to get a comprehensive list of • Provides a more powerful and functional solution questions. Then schedule a follow-up meeting where that can be operated by non-technical users, which you can share the answers. speeds up the organizations ability to act, while reducing the burden on IT Tips for getting IT on Board with a Content Marketing Platform • Provide information in a concrete, logical manner (include details) • Introduce IT to the content marketing platform vendor early on • Involve IT in conversations with the content marketing platform provider to ensure a smooth implementation Questions from IT You are Ready to Go IT departments deal in details not generalities. Provide answers to the following questions in a structured way You understand what motivates your CEO, CMO, CFO, with detail: and IT. They each have specific concerns that relate to their role, but what they all care about is the result • How does this solution work? Is it hosted on you can deliver. Help them understand the benefits that premise or is it a SaaS offering? What’s required of content marketing provides. Then talk about how a IT to get it implemented? content marketing platform can help you deliver results. • How and where is our data stored, backed-up, IT will need to understand how a content marketing transmitted, and secured? How are our existing platform will work with existing infrastructure without operations and security systems protected when we adding any burdens. This guide provides best practices plug into this solution? from hundreds of marketers. Take their advice and you • What are the regular, ongoing, operational aspects will be well on your way to content marketing success. of the solution? For instance, who is responsible for design changes, adding/editing users, and Compendium, the Content Marketing Software 317-777-6100 | info@compendium.com