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Getting The Most

From Marketing Automation"
Micky Long, VP and Practice Director, Lead Nurturing!
Arketi Group!
The good news…"
•  Companies that excel at lead nurturing
   generate 50% more sales ready leads at
   33% lower cost. (Source: Forrester
   Research)"

•  Companies that automate lead
   management see a 10% or greater
   increase in revenue in 6-9 months.
   (Source: Gartner Research)"

•  Businesses that use marketing
   automation to nurture prospects
   experience a 451% increase in qualified
   leads. (Source: The Annuitas Group)"
And the bad…"
•  79% of marketing leads never convert
   into sales. Lack of lead nurturing is the
   common cause of this poor performance.
   (Source: MarketingSherpa)"

•  Up to 70% of Marketing – generated
   leads are never followed up by Sales"

•  50% of respondents to a 2011 Focus
   survey stated they have not realized the
   full value of their marketing automation
   investment…"

•  …less than 25% use their platforms to
   their full potential"
How to get the greatest return"

    1	
     Data	
  

    2	
     Content	
  

    3	
     Process	
  
Data"
Who are you kidding?!
Your data – How good is it?"
What Jigsaw found:"
         90%"              74%"              21%"                                            7%"
      Incomplete"      Need Updates"         Dead"                                    Duplicate"




   “Lack of quality customer data is one of the top causes of CRM failure.”
                                                                -- Gartner"

                                                Source:	
  Best	
  Prac.ces	
  for	
  Keeping	
  Your	
  Data	
  Clean	
  -­‐	
  Salesforce	
  
Your data – How good is it?"
What Jigsaw found:"
         90%"              74%"              21%"                                            7%"
      Incomplete"      Need Updates"         Dead"                                    Duplicate"




   “Lack of quality customer data is one of the top causes of CRM failure.”
                                                                -- Gartner"

                                                Source:	
  Best	
  Prac.ces	
  for	
  Keeping	
  Your	
  Data	
  Clean	
  -­‐	
  Salesforce	
  
How to practice good data hygiene"
1.  Build a plan"
2.  Agree on standardization"
3.  Invite everyone to participate"
4.  Be ruthless"
Content"
Building a white paper is NOT a strategy!!
Why your content needs to get better"
•  Everyone’s solution promises the same value"
    •  Make me money, save me money, make my
       life easier"

•  Prospects are in control of the process"
    •  Up to 75% of buyers reach a decision on
       what to buy before talking to Sales"
    •  30% reach the decision before the “official”
       sales process begins"
    •  By 2020, customers will manage 85% of their
       relationship without talking to a human."
Given the above…if Sales doesn’t, who does?
   Marketing must make up the difference. "
Completed buyer persona map

"                                “I have 3 concerns when I sit down at my desk: ‘what’s our cash flow?’
                                 ‘what is revenue/customer?’ and ‘how efficient is our plant running?’”"
                                 !

                                 Brad the CFO

                                 Age: 45     !     !!
                                 Education: Bachelor’s (Finance) with most likely an MBA!


 About Brad"                                          Goals"                   Words-phrases            Objections"
 •  Reports to CEO"                                   •      Efficiency"        that resonate"           •  Cost too much"
 •  Has financial responsibility for firm"              •      Less expenses"    •  ROI"                  •  Burdensome
 •  Spends too much time on compliance/risk           •      Proven ROI"       •  Proven"                  implementation"
    mitigation/SOX"                                   •      Better financial   •  Financially stable"
 •  Must see fast ROI"                                                         •  Integrated"
                                                             ratios"                                    	
  
 	
                                                   	
  
 CFO Message"                                         Influencers"              Proof Points"
 •  “Our plant solutions can bring immediate ROI      •  Peers"                •  Avg.20%
    through reduced inventory.”"                      •  Case studies with        decrease in
 •  “We enhance compliance through advanced              ROI"                     inventory"
    reporting.”"                                      •  Current clients"      •  30% less waste"
 	
                                                   •  Analyst firms"         	
  

                                                      	
  
Top persona-building methods"
                      Persona-building methods"

   Mining in-house database"                                  43%"

   Customer/prospect survey"                                    47%"

            Sales interviews"                                          56%"

Customer/prospect interviews"                                                 64%"

                            0%"   10%"   20%"   30%"   40%"    50%"    60%"   70%"
Buyer-centric marketing"



      Target   Qualify   Develop   Prove   Close   Service




                                                             13
Buyer-centric marketing"



          Target   Qualify   Develop   Prove   Close   Service




                                                                 13
Buyer-centric marketing"
 Check signer
                          Cost/ROI                               Reputation                      Confirmation of decision




Decision maker
                 Addresses pain      Credibility      Benefits   Feature/function       Trust       Issue resolution




  Influencer
                  Ease workload          Not overly complex            Peer reference               Easy training           Support




                                        Target        Qualify    Develop            Prove       Close         Service
Content to conversion"
   Check                                         Cost/ROI                                               Reputation                       Confirmation of decision
   signer

  Decision          Addresses pain                       Credibility             Benefits               Feature/function      Trust           Issue resolution
  maker
                          Ease workload                        Not overly complex                                Peer reference              Easy training             Support
 Influencer




                                                                       Target              Qualify    Develop              Prove          Close              Service


                                                                             Data sheet              Trial
Media	
  coverage	
                       Bylined	
  ar.cles	
  	
                                                                 Customer            Customer support
                                                                             Feature comparison      Live event
Social	
  media	
                         Trade	
  shows	
                                                                         experience          videos
                                                                             Product comparison      Interactive demo
Viral	
  video	
                          Retargeted	
  ads	
                                                                      Customer            Case studies
                                                                             Case studies            Drip campaign                 communication       candidate
Infographic	
                             eNewsleJer	
  
                                                                             Analyst reports           Customer testimonial
News	
  Release	
                         News	
  release	
                                            References                       User tips
                                                                             News release
(thought	
  leadership)	
                 (product)	
                        (case study)                                               User enewsletter
                                                                                                       Tech specs
                                          eBooks	
   Webinars	
              ROI calculator            News release
                                                                                                                                        User conference
        Curated	
  lists	
  
                                          Guides	
   PPC	
                                             (award)                          User community
        Survey	
  campaigns	
  
                                                      White	
  paper	
  (product)	
                                                     Cross sell/Up sell
        Organic	
  search	
                                                                            CSR efforts
                                                                                                                            Pricing     campaigns
                                                      News	
  release	
  (corporate)	
  
        Print	
  Ads	
                                                                                                      Support
                                                      Quicktours	
  
        Nurture	
  campaigns	
                                                                                              SLA
                                                      3-­‐D	
  mailers	
  
        Industry	
  white	
  papers	
                                                                                       Proposals
                                                      First	
  strike	
  PPT	
  


                                                                                                                                                                        13
Content preferences"
          Content type utilized during business search"
       Podcast"
   Presentation"
    Infographic"
         Video"
        E-book"
      Blog post"
    Case study"
       Webinar"
   White paper"

              0%"   20%"     40%"         60%"                       80%"                     100%"

                                    Source:	
  DemandGen	
  Report,	
  Content	
  Preference	
  Survey	
  
Embracing video as a channel"
Embracing video as a channel "


       Don’t           Do                  Must Haves
                    Scripted               Call to action
       Free form
                    Production
       Gritty                              Transcripts and
                    quality
                                           keyword rich
       Natural
                    Enhanced               description on
       60 minutes                          video server
                    90 seconds to
                                           service
	
                  3 minutes
                                           Use YouTube
                                    	
  
Top content challenges"

                            Challenges"
                    0	
  
                   1%"                    Engaging content
                                          Enough content
                  7%"                     Budget
                                          Lack of exec buy-in
         12%	
                            Content variety
                            42%	
  
                                          License budget
        18%	
  

                  20%	
  
Don’t be afraid to be green -- recycle"
Leverage all options"
  Start with a white paper, run a podcast, create a video"
Borrow expertise"
Partner with an analyst, run a webinar, highlight in a collateral piece"
Curate for credit"
Content Curation - is a term that describes the act of finding,
grouping, organizing or sharing the best and most relevant content
on a specific issue. "   " 

   "   "        – Courtesy of Rohit Bhargava, Influential Marketing blog !
   !   !!
Five Curation Models:"
1.    Aggregation – “Top five tips for success”"
2.    Distillation – shorten and simplify"
3.    Elevation – spot trends from other material"
4.    Mashup – pulling together items to create new POV"
5.    Chronology – Pulling together timeline to show trends"
Put it all into action"
          Well-mapped content can feed highly effective drip marketing programs"


  10%	
              Awareness
                                   Industry
                                  White Paper
                                                Response
                                                                 Industry
                                                                 Webinar
                                                                             Response
                                                                                              Industry
                                                                                             White Paper
                                                                                                           Response
                                                                                                                              Industry
                                                                                                                              Webinar
                                                                                                                                         Response
                                                                                                                                                          Industry
                                                                                                                                                          Podcast
                                                                                                                                                                     Response
                                                            N                                                         N
  Response	
  	
                                    Y                            Y                                                            Y
                                                                                                                                                    N

                                                                                                                                                                         Y
                                                                                                                                                                             N




  20-­‐30%	
         Discovery
                                   Technical
                                                Response
                                                                 Product
                                                                             Response
                                                                                              Technical
                                                                                                           Response                      Return to Pool
                                  White Paper                   Case Study                   White Paper
  Response	
                                            Y
                                                            N
                                                                                     Y
                                                                                         N
                                                                                                                  Y
                                                                                                                          N


  	
  

  40+%	
             Validation
                                    Vendor
                                     Video
                                                Response
                                                                 Product
                                                                Datasheet
                                                                             Response
                                                                                              Product
                                                                                             Case Study
                                                                                                           Response

  Response	
                                            Y
                                                            N
                                                                                     Y
                                                                                         N
                                                                                                                  Y
                                                                                                                          N


  	
  
                                    Offer/
                                    Sales
Process"
Tame those loose cannons!!
Why process?

"
•    64% of CMOs lack a formal process for
     managing marketing automation. -- Annuitas
     Group"

•    Only 33% of execs using both marketing
     automation and CRM systems say they
     integrate well -- Experts Bench"

•    66% of Marketing execs claim “Fixing broken
     processes” is a major challenge to effective
     automation implementation -- Gleanster survey "

•    46% of marketers with mature lead
     management processes have sales teams that
     follow up on more than 75% of marketing-
     generated leads. -- Forrester"
Three steps to a better MA experience"
•  Establish a plan with milestones"
   -     Evaluate custom metrics"
   -     Don’t overlook basics"
   -     Be realistic"
   -     Don’t forget the talent"
   -     Do not implement in a vacuum

         "

•  Create a learning culture"
   -     Always be testing"
   -     Implement change"
   -     Don’t fear failure

         "

•  Make review a part of the process"
    -        Be relentless"
    -        Invite all stakeholders"
Arketi Lead Nurture Healthcheck"
•    Overall Lead Nurture Goal"
      –  Define the objectives identified at the start of the lead nurturing/automation initiative!

•    Last Quarter Goal Review"
      –  Review the 2 or 3 specific goals that were established for the previous quarter and
         identify performance against expectations!

•    Next Quarter Goals"
      –  Identify 2 or 3 goals for next quarter and the metrics that will determine their success!

•    Campaign Effectiveness"
      –  For each campaign conducted during the quarter, report on all key metrics!

•    Lead Workflow"
      –  Review existing lead workflow, Sales handoff threshold and return to marketing points!
Arketi Lead Nurture Healthcheck"
•    Lead Scoring Model"
      –  Review and adjust as necessary!

•    Content Development"
      –  Review content creation/curation strategy!

•    Website Activity"
      –  Review overall web traffic and identify correlation with lead nurture activities!

•    Thematics / Message"
      –  Review marketing campaign messages and proof points against system results from past
         quarter!

•    Calls to Action"
      –  Review relevance and effectiveness of offers used in emails and drip programs !
Arketi Lead Nurture Healthcheck"
•    Prospect Database"
     –  Review and adjust total prospect database!

•    System Maintenance"
     –  Review Automation tool to streamline and ensure proper functionality!

•    Next Quarter Campaigns"
     –  Review ongoing campaigns for viability and needed changes!

•    New Outreach Campaigns"
     –  Identify new Marketing campaigns/initiatives "
Questions?"
     Micky Long
  mlong@arketi.com
404-929-0091 ext. 214
   www.arketi.com
          !

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Getting the Most from Marketing Automation

  • 1. 
 Getting The Most
 From Marketing Automation" Micky Long, VP and Practice Director, Lead Nurturing! Arketi Group!
  • 2. The good news…" •  Companies that excel at lead nurturing generate 50% more sales ready leads at 33% lower cost. (Source: Forrester Research)" •  Companies that automate lead management see a 10% or greater increase in revenue in 6-9 months. (Source: Gartner Research)" •  Businesses that use marketing automation to nurture prospects experience a 451% increase in qualified leads. (Source: The Annuitas Group)"
  • 3. And the bad…" •  79% of marketing leads never convert into sales. Lack of lead nurturing is the common cause of this poor performance. (Source: MarketingSherpa)" •  Up to 70% of Marketing – generated leads are never followed up by Sales" •  50% of respondents to a 2011 Focus survey stated they have not realized the full value of their marketing automation investment…" •  …less than 25% use their platforms to their full potential"
  • 4. How to get the greatest return" 1   Data   2   Content   3   Process  
  • 5. Data" Who are you kidding?!
  • 6. Your data – How good is it?" What Jigsaw found:" 90%" 74%" 21%" 7%" Incomplete" Need Updates" Dead" Duplicate" “Lack of quality customer data is one of the top causes of CRM failure.” -- Gartner" Source:  Best  Prac.ces  for  Keeping  Your  Data  Clean  -­‐  Salesforce  
  • 7. Your data – How good is it?" What Jigsaw found:" 90%" 74%" 21%" 7%" Incomplete" Need Updates" Dead" Duplicate" “Lack of quality customer data is one of the top causes of CRM failure.” -- Gartner" Source:  Best  Prac.ces  for  Keeping  Your  Data  Clean  -­‐  Salesforce  
  • 8. How to practice good data hygiene" 1.  Build a plan" 2.  Agree on standardization" 3.  Invite everyone to participate" 4.  Be ruthless"
  • 9. Content" Building a white paper is NOT a strategy!!
  • 10. Why your content needs to get better" •  Everyone’s solution promises the same value" •  Make me money, save me money, make my life easier" •  Prospects are in control of the process" •  Up to 75% of buyers reach a decision on what to buy before talking to Sales" •  30% reach the decision before the “official” sales process begins" •  By 2020, customers will manage 85% of their relationship without talking to a human." Given the above…if Sales doesn’t, who does? Marketing must make up the difference. "
  • 11. Completed buyer persona map
 " “I have 3 concerns when I sit down at my desk: ‘what’s our cash flow?’ ‘what is revenue/customer?’ and ‘how efficient is our plant running?’”" ! Brad the CFO
 Age: 45 ! !! Education: Bachelor’s (Finance) with most likely an MBA! About Brad" Goals" Words-phrases Objections" •  Reports to CEO" •  Efficiency" that resonate" •  Cost too much" •  Has financial responsibility for firm" •  Less expenses" •  ROI" •  Burdensome •  Spends too much time on compliance/risk •  Proven ROI" •  Proven" implementation" mitigation/SOX" •  Better financial •  Financially stable" •  Must see fast ROI" •  Integrated" ratios"       CFO Message" Influencers" Proof Points" •  “Our plant solutions can bring immediate ROI •  Peers" •  Avg.20% through reduced inventory.”" •  Case studies with decrease in •  “We enhance compliance through advanced ROI" inventory" reporting.”" •  Current clients" •  30% less waste"   •  Analyst firms"    
  • 12. Top persona-building methods" Persona-building methods" Mining in-house database" 43%" Customer/prospect survey" 47%" Sales interviews" 56%" Customer/prospect interviews" 64%" 0%" 10%" 20%" 30%" 40%" 50%" 60%" 70%"
  • 13. Buyer-centric marketing" Target Qualify Develop Prove Close Service 13
  • 14. Buyer-centric marketing" Target Qualify Develop Prove Close Service 13
  • 15. Buyer-centric marketing" Check signer Cost/ROI Reputation Confirmation of decision Decision maker Addresses pain Credibility Benefits Feature/function Trust Issue resolution Influencer Ease workload Not overly complex Peer reference Easy training Support Target Qualify Develop Prove Close Service
  • 16. Content to conversion" Check Cost/ROI Reputation Confirmation of decision signer Decision Addresses pain Credibility Benefits Feature/function Trust Issue resolution maker Ease workload Not overly complex Peer reference Easy training Support Influencer Target Qualify Develop Prove Close Service Data sheet Trial Media  coverage   Bylined  ar.cles     Customer Customer support Feature comparison Live event Social  media   Trade  shows   experience videos Product comparison Interactive demo Viral  video   Retargeted  ads   Customer Case studies Case studies Drip campaign communication candidate Infographic   eNewsleJer   Analyst reports Customer testimonial News  Release   News  release   References User tips News release (thought  leadership)   (product)   (case study) User enewsletter Tech specs eBooks   Webinars   ROI calculator News release User conference Curated  lists   Guides   PPC   (award) User community Survey  campaigns   White  paper  (product)   Cross sell/Up sell Organic  search   CSR efforts Pricing campaigns News  release  (corporate)   Print  Ads   Support Quicktours   Nurture  campaigns   SLA 3-­‐D  mailers   Industry  white  papers   Proposals First  strike  PPT   13
  • 17. Content preferences" Content type utilized during business search" Podcast" Presentation" Infographic" Video" E-book" Blog post" Case study" Webinar" White paper" 0%" 20%" 40%" 60%" 80%" 100%" Source:  DemandGen  Report,  Content  Preference  Survey  
  • 18. Embracing video as a channel"
  • 19. Embracing video as a channel " Don’t Do Must Haves Scripted Call to action Free form Production Gritty Transcripts and quality keyword rich Natural Enhanced description on 60 minutes video server 90 seconds to service   3 minutes Use YouTube  
  • 20. Top content challenges" Challenges" 0   1%" Engaging content Enough content 7%" Budget Lack of exec buy-in 12%   Content variety 42%   License budget 18%   20%  
  • 21. Don’t be afraid to be green -- recycle"
  • 22. Leverage all options" Start with a white paper, run a podcast, create a video"
  • 23. Borrow expertise" Partner with an analyst, run a webinar, highlight in a collateral piece"
  • 24. Curate for credit" Content Curation - is a term that describes the act of finding, grouping, organizing or sharing the best and most relevant content on a specific issue. " " 
 " " – Courtesy of Rohit Bhargava, Influential Marketing blog ! ! !! Five Curation Models:" 1.  Aggregation – “Top five tips for success”" 2.  Distillation – shorten and simplify" 3.  Elevation – spot trends from other material" 4.  Mashup – pulling together items to create new POV" 5.  Chronology – Pulling together timeline to show trends"
  • 25. Put it all into action" Well-mapped content can feed highly effective drip marketing programs" 10%   Awareness Industry White Paper Response Industry Webinar Response Industry White Paper Response Industry Webinar Response Industry Podcast Response N N Response     Y Y Y N Y N 20-­‐30%   Discovery Technical Response Product Response Technical Response Return to Pool White Paper Case Study White Paper Response   Y N Y N Y N   40+%   Validation Vendor Video Response Product Datasheet Response Product Case Study Response Response   Y N Y N Y N   Offer/ Sales
  • 27. Why process?
 " •  64% of CMOs lack a formal process for managing marketing automation. -- Annuitas Group" •  Only 33% of execs using both marketing automation and CRM systems say they integrate well -- Experts Bench" •  66% of Marketing execs claim “Fixing broken processes” is a major challenge to effective automation implementation -- Gleanster survey " •  46% of marketers with mature lead management processes have sales teams that follow up on more than 75% of marketing- generated leads. -- Forrester"
  • 28. Three steps to a better MA experience" •  Establish a plan with milestones" -  Evaluate custom metrics" -  Don’t overlook basics" -  Be realistic" -  Don’t forget the talent" -  Do not implement in a vacuum
 " •  Create a learning culture" -  Always be testing" -  Implement change" -  Don’t fear failure
 " •  Make review a part of the process" -  Be relentless" -  Invite all stakeholders"
  • 29. Arketi Lead Nurture Healthcheck" •  Overall Lead Nurture Goal" –  Define the objectives identified at the start of the lead nurturing/automation initiative! •  Last Quarter Goal Review" –  Review the 2 or 3 specific goals that were established for the previous quarter and identify performance against expectations! •  Next Quarter Goals" –  Identify 2 or 3 goals for next quarter and the metrics that will determine their success! •  Campaign Effectiveness" –  For each campaign conducted during the quarter, report on all key metrics! •  Lead Workflow" –  Review existing lead workflow, Sales handoff threshold and return to marketing points!
  • 30. Arketi Lead Nurture Healthcheck" •  Lead Scoring Model" –  Review and adjust as necessary! •  Content Development" –  Review content creation/curation strategy! •  Website Activity" –  Review overall web traffic and identify correlation with lead nurture activities! •  Thematics / Message" –  Review marketing campaign messages and proof points against system results from past quarter! •  Calls to Action" –  Review relevance and effectiveness of offers used in emails and drip programs !
  • 31. Arketi Lead Nurture Healthcheck" •  Prospect Database" –  Review and adjust total prospect database! •  System Maintenance" –  Review Automation tool to streamline and ensure proper functionality! •  Next Quarter Campaigns" –  Review ongoing campaigns for viability and needed changes! •  New Outreach Campaigns" –  Identify new Marketing campaigns/initiatives "
  • 32. Questions?" Micky Long mlong@arketi.com 404-929-0091 ext. 214 www.arketi.com !