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Interactive Innovation
How Successful BtoB Marketers Use
  Digital Marketing to Accelerate
 Marketing and Sales Performance

        Joel Book
        ExactTarget
           @joelbook / #ExactTarget
Marketing to The Power of One

Effective B2B
Marketing:
• Is fueled by customer
data and analytics
• Utilizes multiple
channels to engage and
serve customers
• Requires marketing
automation technology to
deliver relevant content.
US Interactive Marketing Spend: $76.6B by 2016
• Aids the Buying Process
• Enables Better Service
• Maximizes Retention
How Online Consumers Begin Their Day

58% of Online
Consumers Begin
the Day With Email.
Source: ExactTarget
SUBSCRIBERS, FANS, & FOLLOWERS
Report #1, Digital Morning




                                 Full report available at
                                 www.exacttarget.com/sff
“Those who buy
products
marketed through
email spend 138%
more than non-
readers of email.”
Source: Forrester Research
“E-Mail Marketing Comes of Age.”
Email Drives Conversion and Improves Retention

                           The Customer Life Cycle

 Product       Product         Product   Product     Repurchase/       Brand
 Inquiry      Evaluation      Purchase    Usage       Renewal         Loyalty

           Business Getting                        Business Keeping


 Once a person gives you permission . . .
• Email aids the buying process.
• Email drives repeat purchase, referrals.
• Email keeps customers connected and informed.
75% of social media users say email is
the best way for companies to
communicate with them.
                      MarketingSherpa, 2010
• Amplifies Your Message
• Fuels the Conversation
• Attracts New Customers
Social Media Users
          Facebook: 620M Worldwide / 116.8M U.S.                      (1)   (2)




          Twitter:                   190M Worldwide / 16.4M U.S.      (1)   (2)




          LinkedIn:                  100M Worldwide / 49.0M U.S.      (3)   (3)




           YouTube: 2B Views/Day; Avg. View: 15 Min.                              (4)




Sources: (1) eConsultancy, (2) eMarketer, (3) LinkedIn, (4) YouTube
Social Media has Revolutionized the Way
     Consumers Engage with Brands
Social Media Attracts Website Visitors

                Consumers who are
                exposed to a brand in
                social media are 2.8x
                more likely to search
                for that brand’s
                products.
Fans & Followers are Good. Customers are Better.


                    Conversion
                     Metrics




           To Monetize Social Media,
  Convert Fans & Followers to Email Subscribers
• Keeps Customer Engaged
• Drives Traffic to Sites
• Improves Customer Service
Smartphones Accelerate Mobile Marketing

                 Smartphones such as the
                 iPhone from Apple are now
                 outselling personal computers!
                 Source: The Huffington Post
                 (Based on IDC Report)
                 February 8, 2011

                 65.8 million people in the U.S.
                 now own smartphones. Of
                 these, 35.3% use apps.
                 Source: comScore MobiLens
                 2011 U.S. Mobile Subscriber Market Share
                 March , 2011
EMAIL DOMINATES
SMARTPHONE USE
“36% of physicians surveyed found
the use of iPads or other tablets more
beneficial than speaking with reps
bearing printed materials."
Manhattan Research ePharma Physician Study
September 2011
"[The iPad] enables
our sales employees
to do a much better
job of engaging in a
really different way
than we've done
before."
Michael Hedges, CIO, Medtronic
Wall Street Journal, Dec. 8, 2010
eMarketing
Innovators
Real Marketers
Real Solutions
 Real Results
The Mission
                          Provide email communications capability
                                to hundreds of Field Marketing
                             Managers around the globe without
                            compromising email design, corporate
                              branding, and message relevance.
Sean Mattson                   And do it all at reduced cost.
Director,
Global Web Marketing
Hitachi Data Systems
Santa Clara, California
Email is the Backbone of Hitachi Data Systems’
            Global E-communications Strategy
                                 Customer Newsletter


                                                       Product Launch
Webinar Invite    Product News
                                                                        Event Invitation




  Hitachi Data Systems uses email to:
 • Nurture leads; Keep existing customers connected to HDS
 • Support relationship management efforts of HDS field sales managers
 • Deliver relevant content to IT professionals in 30 regions and in 18 languages
The Hitachi E-communications Platform
OMCM
 Online
                         www.HDS.com
 Marketing                 Landing Pages,
                          Registration Pages
                “Thank You” Pages, Webcasts / Podcasts
 Campaign                                                Closed
                                                          Total Integration
                 Tracking and Analytics                   Loop
                                                         of Customer Data
 Management

                    E-communications




                    Marketing Database
HITACHI USES EMAIL HELP
IT PROFESSIONALS MAKE
   SMART DECISIONS
HITACHI USES EMAIL TO DRIVE
    ATTENDANCE FOR ITS
 WebTech WEBINAR SERIES
WebTech Webinar Series
• 35 webinars per year
• Up to 200 attendees per event
HITACHI USES EMAIL TO
 PROMOTE ITS EVENTS
Hitachi Promotes Content Sharing via Social Media
Hitachi makes it easy for
subscribers to share e-news
articles, respond to offers
and access content on the
Hitachi Data Systems’
website.        “Forward to a Friend”

                    “View the Video”

                “Review the Case Study”

                 “Try it Free for 30 Days”

                    “Read the Story”

                 “Register for Webinar”
John Johnston
eBusiness Manager
Volvo Construction Equipment
Volvo Construction Equipment
• Volvo Construction Equipment is part
  of Volvo Group; Started in 1832
• Products and services are offered in
  more than 125 countries through
  proprietary or independent
  dealerships.
• Volvo machines are used for road
  construction, oil and gas exploration,
  building demolition, industrial
  material handling, and forestry.
Volvo Construction
Equipment’s e-marketing
solution helps dealers sell
millions of dollars of new and
used equipment each year.
Volvo CE’s CRM and Automation Goals

  Achieve End-To-End Lead & Campaign Management Process

    Increase Lead to Sales Conversion Ratio

      Reduce Lead Conversion Time

      Improve Sales Effectiveness

    Track Campaign Effectiveness and ROI

  Leverage Cross-Sale and Up-Sale Opportunities
Volvo Construction Equipment
eMarketing Technology Solution


                 www.volvoce.com
            Landing Pages, Registration Pages
         Product Microsites, Webcasts / Podcasts

        Campaign Tracking & Lead Scoring
                                                   Total Integration
                                                   of Customer Data


           Email Communications



             Marketing Database
Marketing Data Integration
Volvo CE
                                           Customer
                                          Information

centralizes                   Analytics
                                                           Sales
                                                        (New/Used)

customer data in
Microsoft
Dynamics CRM.        Lead
                     Score
                                                                     Warranty
                                                                      Data


 Enables “one                            Microsoft
                                          Dynamics
view” of the                                CRM

customer.            Social                                           Credit
 Allows faster      Media                                            Status

communication with
customers
 Provides better
                                                         MarCom
                              Surveys
                                                         History

measurement of                            eCommerce

campaign ROI
VOLVO USES EMAIL TO HELP
DEALERS SELL NEW EQUIPMENT
The Monthly eMail Newsletter delivers
  latest news on Volvo products and
     services to 85,000 customers.
1. Dynamic Content – Volvo designed the email
   template to allow for dynamic content. Through
   integration with Microsoft CRM, Volvo changes
   articles and product news articles based on user
   interests.
2. Interactive Functionality – Adding video links has
   allowed Volvo to increase traffic to the website where
   Volvo gathers immediate feedback on product
   interest.
3. Analytics – The analytics from this eMail are used for
   to capture customer insight and interests and aid re-
   design.
4. Performance Metrics
    – Average 12% Open Rate
    – Average a 7% Click Through Rate
VOLVO USES EMAIL TO HELP
DEALERS SELL USED EQUIPMENT
The Remarketing Email is for
  select customers who request
     used equipment alerts.
1. Navigation – In its new design, Volvo added a Table
   of Contents section with links to articles and
   product news updates. These links have increased
   website traffic 30% and generated thousands of
   leads.
2. Content Syndication – Volvo dynamically displays
   used equipment based on subscriber preferences.
   Content syndication has reduced eMail build time
   by approximately 30-40% by automatically
   capturing content from websites.
3. Performance Metrics –
    – 75% Email Open Rate
    – 11% Click Through Rate
    – 20% increase in speed of equipment sales
Twitter is used to attract
prospective customers to
the Volvo Construction
Equipment website.

And drive traffic to the
Volvo Construction
Equipment YouTube
Channel.
“If you’re responsible for BtoB marketing, and
you’re not using video, you’re making a huge
mistake.”
John Johnston
eBusiness Marketing Manager
Volvo Construction Equipment North America
Lead Management Workflow

                             Data cleansing



 Information Request




 Microsoft Dynamics CRM enables
 Volvo sales reps to manage leads
                                       Auto-generated
                                       report for Volvo
                                          sales rep
                                                           Auto-generated
                                                          email for customer
Immediate Delivery of Information to Customer
                          Microsoft Dynamics CRM
                          triggers an email that
                          thanks the customer for
                          contacting Volvo
                          Construction Equipment

                          Email provides a link to a
                          landing page containing
                          details about the product
                          of interest
Before and After eMarketing Automation
        Before Automation                        After Automation
Customer data was in multiple “silos”   Customer account and contact data is
and data quality was inconsistent.      centralized in Microsoft Dynamics CRM
                                        and “normalized” through D&B.
Volvo CE had no CRM system and no       Microsoft Dynamics CRM is integrated
ability to send email communications to with ExactTarget enabling automation
customers.                              of all email communications.
Leads were stored in Excel files and    Leads get logged and processed quickly.
distributed to dealers manually; Reps   Customers receive personalized email
had limited visibility to leads.        immediately after inquiry.
Volvo CE had no ability to deliver      Volvo CE uses email to deliver relevant
relevant product information to         information that aids purchase, and
individual customers.                   supports the local dealer.
Limited (or no) feedback from dealers   Volvo CE marketing is able to measure
regarding lead status.                  lead status and campaign effectiveness
                                        quickly and effectively.
Multi-Channel Interaction is a Must




        Managing the Customer Conversation
Requires Integration of Outbound & Inbound Channels
Cross Channel Campaign Management




Source: Forrester Research - April 2009 “Campaign Management Needs A Reboot”
A Single Platform for Cross-Channel Marketing
Thank You!
Joel Book
    jbook@exacttarget.com
    EmailMarketingbytheBook.com
    @JoelBook
    http://www.linkedin.com/in/joelbook

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How B2B Marketers Use Digital Media to Accelerate Marketing and Sales Performance

  • 1. Interactive Innovation How Successful BtoB Marketers Use Digital Marketing to Accelerate Marketing and Sales Performance Joel Book ExactTarget @joelbook / #ExactTarget
  • 2.
  • 3. Marketing to The Power of One Effective B2B Marketing: • Is fueled by customer data and analytics • Utilizes multiple channels to engage and serve customers • Requires marketing automation technology to deliver relevant content.
  • 4.
  • 5. US Interactive Marketing Spend: $76.6B by 2016
  • 6. • Aids the Buying Process • Enables Better Service • Maximizes Retention
  • 7. How Online Consumers Begin Their Day 58% of Online Consumers Begin the Day With Email. Source: ExactTarget SUBSCRIBERS, FANS, & FOLLOWERS Report #1, Digital Morning Full report available at www.exacttarget.com/sff
  • 8. “Those who buy products marketed through email spend 138% more than non- readers of email.” Source: Forrester Research “E-Mail Marketing Comes of Age.”
  • 9. Email Drives Conversion and Improves Retention The Customer Life Cycle Product Product Product Product Repurchase/ Brand Inquiry Evaluation Purchase Usage Renewal Loyalty Business Getting Business Keeping Once a person gives you permission . . . • Email aids the buying process. • Email drives repeat purchase, referrals. • Email keeps customers connected and informed.
  • 10. 75% of social media users say email is the best way for companies to communicate with them. MarketingSherpa, 2010
  • 11. • Amplifies Your Message • Fuels the Conversation • Attracts New Customers
  • 12. Social Media Users Facebook: 620M Worldwide / 116.8M U.S. (1) (2) Twitter: 190M Worldwide / 16.4M U.S. (1) (2) LinkedIn: 100M Worldwide / 49.0M U.S. (3) (3) YouTube: 2B Views/Day; Avg. View: 15 Min. (4) Sources: (1) eConsultancy, (2) eMarketer, (3) LinkedIn, (4) YouTube
  • 13. Social Media has Revolutionized the Way Consumers Engage with Brands
  • 14. Social Media Attracts Website Visitors Consumers who are exposed to a brand in social media are 2.8x more likely to search for that brand’s products.
  • 15. Fans & Followers are Good. Customers are Better. Conversion Metrics To Monetize Social Media, Convert Fans & Followers to Email Subscribers
  • 16. • Keeps Customer Engaged • Drives Traffic to Sites • Improves Customer Service
  • 17. Smartphones Accelerate Mobile Marketing Smartphones such as the iPhone from Apple are now outselling personal computers! Source: The Huffington Post (Based on IDC Report) February 8, 2011 65.8 million people in the U.S. now own smartphones. Of these, 35.3% use apps. Source: comScore MobiLens 2011 U.S. Mobile Subscriber Market Share March , 2011
  • 19. “36% of physicians surveyed found the use of iPads or other tablets more beneficial than speaking with reps bearing printed materials." Manhattan Research ePharma Physician Study September 2011
  • 20. "[The iPad] enables our sales employees to do a much better job of engaging in a really different way than we've done before." Michael Hedges, CIO, Medtronic Wall Street Journal, Dec. 8, 2010
  • 22.
  • 23. The Mission Provide email communications capability to hundreds of Field Marketing Managers around the globe without compromising email design, corporate branding, and message relevance. Sean Mattson And do it all at reduced cost. Director, Global Web Marketing Hitachi Data Systems Santa Clara, California
  • 24. Email is the Backbone of Hitachi Data Systems’ Global E-communications Strategy Customer Newsletter Product Launch Webinar Invite Product News Event Invitation Hitachi Data Systems uses email to: • Nurture leads; Keep existing customers connected to HDS • Support relationship management efforts of HDS field sales managers • Deliver relevant content to IT professionals in 30 regions and in 18 languages
  • 25. The Hitachi E-communications Platform OMCM Online www.HDS.com Marketing Landing Pages, Registration Pages “Thank You” Pages, Webcasts / Podcasts Campaign Closed Total Integration Tracking and Analytics Loop of Customer Data Management E-communications Marketing Database
  • 26. HITACHI USES EMAIL HELP IT PROFESSIONALS MAKE SMART DECISIONS
  • 27. HITACHI USES EMAIL TO DRIVE ATTENDANCE FOR ITS WebTech WEBINAR SERIES WebTech Webinar Series • 35 webinars per year • Up to 200 attendees per event
  • 28. HITACHI USES EMAIL TO PROMOTE ITS EVENTS
  • 29. Hitachi Promotes Content Sharing via Social Media Hitachi makes it easy for subscribers to share e-news articles, respond to offers and access content on the Hitachi Data Systems’ website. “Forward to a Friend” “View the Video” “Review the Case Study” “Try it Free for 30 Days” “Read the Story” “Register for Webinar”
  • 30. John Johnston eBusiness Manager Volvo Construction Equipment
  • 31. Volvo Construction Equipment • Volvo Construction Equipment is part of Volvo Group; Started in 1832 • Products and services are offered in more than 125 countries through proprietary or independent dealerships. • Volvo machines are used for road construction, oil and gas exploration, building demolition, industrial material handling, and forestry.
  • 32. Volvo Construction Equipment’s e-marketing solution helps dealers sell millions of dollars of new and used equipment each year.
  • 33. Volvo CE’s CRM and Automation Goals Achieve End-To-End Lead & Campaign Management Process Increase Lead to Sales Conversion Ratio Reduce Lead Conversion Time Improve Sales Effectiveness Track Campaign Effectiveness and ROI Leverage Cross-Sale and Up-Sale Opportunities
  • 34. Volvo Construction Equipment eMarketing Technology Solution www.volvoce.com Landing Pages, Registration Pages Product Microsites, Webcasts / Podcasts Campaign Tracking & Lead Scoring Total Integration of Customer Data Email Communications Marketing Database
  • 35. Marketing Data Integration Volvo CE Customer Information centralizes Analytics Sales (New/Used) customer data in Microsoft Dynamics CRM. Lead Score Warranty Data  Enables “one Microsoft Dynamics view” of the CRM customer. Social Credit  Allows faster Media Status communication with customers  Provides better MarCom Surveys History measurement of eCommerce campaign ROI
  • 36. VOLVO USES EMAIL TO HELP DEALERS SELL NEW EQUIPMENT
  • 37. The Monthly eMail Newsletter delivers latest news on Volvo products and services to 85,000 customers. 1. Dynamic Content – Volvo designed the email template to allow for dynamic content. Through integration with Microsoft CRM, Volvo changes articles and product news articles based on user interests. 2. Interactive Functionality – Adding video links has allowed Volvo to increase traffic to the website where Volvo gathers immediate feedback on product interest. 3. Analytics – The analytics from this eMail are used for to capture customer insight and interests and aid re- design. 4. Performance Metrics – Average 12% Open Rate – Average a 7% Click Through Rate
  • 38. VOLVO USES EMAIL TO HELP DEALERS SELL USED EQUIPMENT
  • 39. The Remarketing Email is for select customers who request used equipment alerts. 1. Navigation – In its new design, Volvo added a Table of Contents section with links to articles and product news updates. These links have increased website traffic 30% and generated thousands of leads. 2. Content Syndication – Volvo dynamically displays used equipment based on subscriber preferences. Content syndication has reduced eMail build time by approximately 30-40% by automatically capturing content from websites. 3. Performance Metrics – – 75% Email Open Rate – 11% Click Through Rate – 20% increase in speed of equipment sales
  • 40. Twitter is used to attract prospective customers to the Volvo Construction Equipment website. And drive traffic to the Volvo Construction Equipment YouTube Channel.
  • 41. “If you’re responsible for BtoB marketing, and you’re not using video, you’re making a huge mistake.” John Johnston eBusiness Marketing Manager Volvo Construction Equipment North America
  • 42. Lead Management Workflow Data cleansing Information Request Microsoft Dynamics CRM enables Volvo sales reps to manage leads Auto-generated report for Volvo sales rep Auto-generated email for customer
  • 43. Immediate Delivery of Information to Customer Microsoft Dynamics CRM triggers an email that thanks the customer for contacting Volvo Construction Equipment Email provides a link to a landing page containing details about the product of interest
  • 44. Before and After eMarketing Automation Before Automation After Automation Customer data was in multiple “silos” Customer account and contact data is and data quality was inconsistent. centralized in Microsoft Dynamics CRM and “normalized” through D&B. Volvo CE had no CRM system and no Microsoft Dynamics CRM is integrated ability to send email communications to with ExactTarget enabling automation customers. of all email communications. Leads were stored in Excel files and Leads get logged and processed quickly. distributed to dealers manually; Reps Customers receive personalized email had limited visibility to leads. immediately after inquiry. Volvo CE had no ability to deliver Volvo CE uses email to deliver relevant relevant product information to information that aids purchase, and individual customers. supports the local dealer. Limited (or no) feedback from dealers Volvo CE marketing is able to measure regarding lead status. lead status and campaign effectiveness quickly and effectively.
  • 45.
  • 46. Multi-Channel Interaction is a Must Managing the Customer Conversation Requires Integration of Outbound & Inbound Channels
  • 47. Cross Channel Campaign Management Source: Forrester Research - April 2009 “Campaign Management Needs A Reboot”
  • 48. A Single Platform for Cross-Channel Marketing
  • 49. Thank You! Joel Book jbook@exacttarget.com EmailMarketingbytheBook.com @JoelBook http://www.linkedin.com/in/joelbook