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OPTIMISATION THROUGH
LOCALISATION
MAKE A WORLD OF DIFFERENCE TO YOUR GLOBAL MARKETING
Heidi Lorenzen, CMO, Cloudwords |12 June 2014
WELCOME AND HOUSEKEEPING
o Hashtag:
#RuleTheWorld
o Submit questions
via the chat
window as they
occur
o Webinar will be
recorded
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 2@hlorenzen | @cloudwordsinc | #ruletheworld
Heidi Lorenzen
CMO, Cloudwords
HELLO!
您好!
こんにちは!
Xin chào!
안녕하세요!
OPTIMISATION THROUGH LOCALISATION
Make a World of
Difference to Your
Global Marketing
o Challenges today
o Why change is necessary
o 5 keys
o Two localisation trailblazers
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 4
AGENDA
@hlorenzen | @cloudwordsinc | #ruletheworld
THE WORLD IS FLAT – NOT BREAKING NEWS
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 5@hlorenzen | @cloudwordsinc | #ruletheworld
ENTERPRISES HAVE NOT KEPT UP
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 6
But … marketers
are at the front
lines of revenue
growth, and in a
position to lead
change
GLOBAL EXECUTION TODAY
GLOBAL ECONOMIC INTEGRATION
@hlorenzen | @cloudwordsinc | #ruletheworld
STUCK IN OLD APPROACHES
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 7
Training and
Development
Regional
/Field
Marketers
Product
Team
Reviewer
in EMEA
Reviewer
in APAC
EMEA
Translator
Translation
Vendor Portal
Email
FTP
.XLS
Website
CMS
Marketing
Automation
Platform
Collateral
Vendor
Portal
High costs
No visibility
Slow global
roll-outs
Poor use of
marketers’
time
Inconsistent
message across
markets
Tedious
cutting and
pasting
Not enough
campaigns
to support
all markets
@hlorenzen | @cloudwordsinc | #ruletheworld
STUCK IN OLD APPROACHES
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 8@hlorenzen | @cloudwordsinc | #ruletheworld
WAYS MARKETERS HAVE TRIED TO COPE
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 9
Communi-
cating to
everyone in
HQ language
Localising
some
touchpoints,
but not
others
Supporting
certain
markets, but
not others
Translating
superficial
levels of
content per
market
WITH CHALLENGES OF GLOBALISATION
@hlorenzen | @cloudwordsinc | #ruletheworld
YOU’RE NOT ALONE!
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 10@hlorenzen | @cloudwordsinc | #ruletheworld
85% OF SENIOR GLOBAL
MARKETERS FEEL UNPREPARED
TO MEET KEY CHALLENGES IN REACHING
TODAY’S CONSUMERS WORLDWIDE
o Hyper-connected, tech-savvy buyers
o Delivering globally-consistent programs
o Coordinating local, regional, global
campaigns
o Tensions between corporate, regional
marketing
o Keeping up with the pace of disruption!
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 11
85%
@hlorenzen | @cloudwordsinc | #ruletheworld
BIGGER PROBLEM THAN EVER
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 12
HOW BIG?
MARKETING TECHNOLOGY = $40B / TRANSLATION SERVICES = $34B
CONTENT
PROLIFERATION
NON-GLOBAL
TECHNOLOGIES
@hlorenzen | @cloudwordsinc | #ruletheworld
LEAVING MONEY ON THE TABLE?
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 13
GLOBAL MARKET
OPPORTUNITIES ARE
BEING IGNORED,
AND LEFT TO
COMPETITORS
AND TOO MUCH
MONEY IS BEING
SPENT DOING IT
@hlorenzen | @cloudwordsinc | #ruletheworld
OTHER RISKS OF NOT OPTIMISING LOCALISATION
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 14
LOW IN-
COUNTRY
LEAD
CONVERSION
BRAND
INCONSISTEN-
CIES /
DEVALUATION
BROKEN,
ALIENATING
CUSTOMER
EXPERIENCES
MARKETING
TEAM
INEFFICIENCIES
AND LOW
PRODUCTIVITY
6
OVERSPENDING
ON CAMPAIGN
LOCALIZATION
MISALIGNMENT
OF MARKETING
ACTIVITY
WITH
COMPANY
STRATEGY
LOWER
SALES
THAN IS
POSSIBLE
1
2 3
4
5
@hlorenzen | @cloudwordsinc | #ruletheworld
THE REWARDS FOR LOCALISING
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 15
HAVE NEVER
BEEN
GREATER
1.5X
MORE LIKELY
REVENUE INCREASE
INCREASED TRANSLATION
@hlorenzen | @cloudwordsinc | #ruletheworld
SPEED AND RELEVANCE WIN
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 16
FASTER
TIME-TO-MARKET
BROADER
AND DEEPER CUSTOMER
ENGAGEMENT
GREATER
COMPANY
GROWTH
@hlorenzen | @cloudwordsinc | #ruletheworld
HOW TO MAKE A WORLD OF DIFFERENCE
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 17
THE FIVE KEYS TO
LOCALISING YOUR
MARKETING…
FASTER
TIME-TO-MARKET
BROADER AND
DEEPER CUSTOMER
ENGAGEMENT
GREATER
COMPANY
GROWTH
@hlorenzen | @cloudwordsinc | #ruletheworld
AUDIENCE-CENTRIC, GLOBAL
APPROACH TO CONTENT STRATEGY
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 18
DON’T MAKE GLOBAL (OR REGIONAL) AN AFTERTHOUGHT!
Audience-centric, by definition, means putting content
in their native language
1
@hlorenzen | @cloudwordsinc | #ruletheworld
BALANCE CORPORATE
AND LOCAL PRIORITIES
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 19
ALMOST 65% OF MARKETERS
say silos inside marketing prevent them from having a holistic
view of campaigns across all channels
2
@hlorenzen | @cloudwordsinc | #ruletheworld
A POWERFUL GLOBAL MARKETING
TECHNOLOGY STACK
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 20
MARKETING GLOBALISATION
PLATFORM
DOCUMENT MANAGEMENT
WEB CMS
MARKETING AUTOMATION
CRM
3
@hlorenzen | @cloudwordsinc | #ruletheworld
YOUR OWN UNIFIED
TRANSLATION MEMORY
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 21
Best kept
secret!
80% OF GLOBAL MARKETERS
are unfamiliar with this valuable tool
4
@hlorenzen | @cloudwordsinc | #ruletheworld
GLOBAL MARKETING & CONTENT
OPERATIONS BUILT FOR SPEED & EFFICIENCY
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 22
5
@hlorenzen | @cloudwordsinc | #ruletheworld
CASE STUDIES:
Coupa Software
Agilent Technologies
A LOCALISATION TRAILBLAZER: COUPA
CHALLENGE:
RAPID GROWTH, HIT ROADBLOCK OF GLOBAL
SCALE FOR PRODUCT AND CAMPAIGNS
o 120%+ growth for 6 years
o 350+ customers in over 40 countries
o 150K+ users in over 140 countries
o 20+ languages
o 5 – 6 month product localisation cycle
o No bandwidth to localise campaigns
OUTCOME:
JUST IN TIME LOCALISATION AND BETTER ROI
o Localised product in 30 days
o 400% higher click rate with same audience
o 55% higher conversion
o 4 days to launch
o Picky team happy with quality
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 24@hlorenzen | @cloudwordsinc | #ruletheworld
ANOTHER GLOBAL TRAILBLAZER: AGILENT
CHALLENGE:
Massive scale, massive inefficiency in delivering sales collateral worldwide
o Spreadsheets, email, FTPs to manage translation process
o Hundreds of global stakeholders with no centralization
o 12 project managers
o 225 reviewers
o 100 project requestors
o 10+ languages
o 3 preferred vendors
o 4 continents
o Limited visibility – causing duplicate efforts and delays
OUTCOME:
40% faster time to market
o 50% of project managers’ time gained back
o Less time looking for project status, checking
reviews, copying and pasting
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 25@hlorenzen | @cloudwordsinc | #ruletheworld
HOW CAN YOU BETTER…
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 26@hlorenzen | @cloudwordsinc | #ruletheworld
QUESTIONS?
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 27@hlorenzen | @cloudwordsinc | #ruletheworld
The world is waiting
for you, so…
what in the world are
you waiting for?
THANK YOU!
@cloudwords
cloudwords.com
T:
© 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED
Heidi Lorenzen
CMO
heidi@cloudwords.com
| @hlorenzen
925.353.8836
28
#RuleTheWorld

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Optimisation through Localisation - Webinar Slides

  • 1. OPTIMISATION THROUGH LOCALISATION MAKE A WORLD OF DIFFERENCE TO YOUR GLOBAL MARKETING Heidi Lorenzen, CMO, Cloudwords |12 June 2014
  • 2. WELCOME AND HOUSEKEEPING o Hashtag: #RuleTheWorld o Submit questions via the chat window as they occur o Webinar will be recorded © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 2@hlorenzen | @cloudwordsinc | #ruletheworld
  • 4. OPTIMISATION THROUGH LOCALISATION Make a World of Difference to Your Global Marketing o Challenges today o Why change is necessary o 5 keys o Two localisation trailblazers © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 4 AGENDA @hlorenzen | @cloudwordsinc | #ruletheworld
  • 5. THE WORLD IS FLAT – NOT BREAKING NEWS © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 5@hlorenzen | @cloudwordsinc | #ruletheworld
  • 6. ENTERPRISES HAVE NOT KEPT UP © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 6 But … marketers are at the front lines of revenue growth, and in a position to lead change GLOBAL EXECUTION TODAY GLOBAL ECONOMIC INTEGRATION @hlorenzen | @cloudwordsinc | #ruletheworld
  • 7. STUCK IN OLD APPROACHES © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 7 Training and Development Regional /Field Marketers Product Team Reviewer in EMEA Reviewer in APAC EMEA Translator Translation Vendor Portal Email FTP .XLS Website CMS Marketing Automation Platform Collateral Vendor Portal High costs No visibility Slow global roll-outs Poor use of marketers’ time Inconsistent message across markets Tedious cutting and pasting Not enough campaigns to support all markets @hlorenzen | @cloudwordsinc | #ruletheworld
  • 8. STUCK IN OLD APPROACHES © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 8@hlorenzen | @cloudwordsinc | #ruletheworld
  • 9. WAYS MARKETERS HAVE TRIED TO COPE © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 9 Communi- cating to everyone in HQ language Localising some touchpoints, but not others Supporting certain markets, but not others Translating superficial levels of content per market WITH CHALLENGES OF GLOBALISATION @hlorenzen | @cloudwordsinc | #ruletheworld
  • 10. YOU’RE NOT ALONE! © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 10@hlorenzen | @cloudwordsinc | #ruletheworld
  • 11. 85% OF SENIOR GLOBAL MARKETERS FEEL UNPREPARED TO MEET KEY CHALLENGES IN REACHING TODAY’S CONSUMERS WORLDWIDE o Hyper-connected, tech-savvy buyers o Delivering globally-consistent programs o Coordinating local, regional, global campaigns o Tensions between corporate, regional marketing o Keeping up with the pace of disruption! © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 11 85% @hlorenzen | @cloudwordsinc | #ruletheworld
  • 12. BIGGER PROBLEM THAN EVER © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 12 HOW BIG? MARKETING TECHNOLOGY = $40B / TRANSLATION SERVICES = $34B CONTENT PROLIFERATION NON-GLOBAL TECHNOLOGIES @hlorenzen | @cloudwordsinc | #ruletheworld
  • 13. LEAVING MONEY ON THE TABLE? © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 13 GLOBAL MARKET OPPORTUNITIES ARE BEING IGNORED, AND LEFT TO COMPETITORS AND TOO MUCH MONEY IS BEING SPENT DOING IT @hlorenzen | @cloudwordsinc | #ruletheworld
  • 14. OTHER RISKS OF NOT OPTIMISING LOCALISATION © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 14 LOW IN- COUNTRY LEAD CONVERSION BRAND INCONSISTEN- CIES / DEVALUATION BROKEN, ALIENATING CUSTOMER EXPERIENCES MARKETING TEAM INEFFICIENCIES AND LOW PRODUCTIVITY 6 OVERSPENDING ON CAMPAIGN LOCALIZATION MISALIGNMENT OF MARKETING ACTIVITY WITH COMPANY STRATEGY LOWER SALES THAN IS POSSIBLE 1 2 3 4 5 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 15. THE REWARDS FOR LOCALISING © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 15 HAVE NEVER BEEN GREATER 1.5X MORE LIKELY REVENUE INCREASE INCREASED TRANSLATION @hlorenzen | @cloudwordsinc | #ruletheworld
  • 16. SPEED AND RELEVANCE WIN © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 16 FASTER TIME-TO-MARKET BROADER AND DEEPER CUSTOMER ENGAGEMENT GREATER COMPANY GROWTH @hlorenzen | @cloudwordsinc | #ruletheworld
  • 17. HOW TO MAKE A WORLD OF DIFFERENCE © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 17 THE FIVE KEYS TO LOCALISING YOUR MARKETING… FASTER TIME-TO-MARKET BROADER AND DEEPER CUSTOMER ENGAGEMENT GREATER COMPANY GROWTH @hlorenzen | @cloudwordsinc | #ruletheworld
  • 18. AUDIENCE-CENTRIC, GLOBAL APPROACH TO CONTENT STRATEGY © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 18 DON’T MAKE GLOBAL (OR REGIONAL) AN AFTERTHOUGHT! Audience-centric, by definition, means putting content in their native language 1 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 19. BALANCE CORPORATE AND LOCAL PRIORITIES © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 19 ALMOST 65% OF MARKETERS say silos inside marketing prevent them from having a holistic view of campaigns across all channels 2 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 20. A POWERFUL GLOBAL MARKETING TECHNOLOGY STACK © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 20 MARKETING GLOBALISATION PLATFORM DOCUMENT MANAGEMENT WEB CMS MARKETING AUTOMATION CRM 3 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 21. YOUR OWN UNIFIED TRANSLATION MEMORY © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 21 Best kept secret! 80% OF GLOBAL MARKETERS are unfamiliar with this valuable tool 4 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 22. GLOBAL MARKETING & CONTENT OPERATIONS BUILT FOR SPEED & EFFICIENCY © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 22 5 @hlorenzen | @cloudwordsinc | #ruletheworld
  • 24. A LOCALISATION TRAILBLAZER: COUPA CHALLENGE: RAPID GROWTH, HIT ROADBLOCK OF GLOBAL SCALE FOR PRODUCT AND CAMPAIGNS o 120%+ growth for 6 years o 350+ customers in over 40 countries o 150K+ users in over 140 countries o 20+ languages o 5 – 6 month product localisation cycle o No bandwidth to localise campaigns OUTCOME: JUST IN TIME LOCALISATION AND BETTER ROI o Localised product in 30 days o 400% higher click rate with same audience o 55% higher conversion o 4 days to launch o Picky team happy with quality © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 24@hlorenzen | @cloudwordsinc | #ruletheworld
  • 25. ANOTHER GLOBAL TRAILBLAZER: AGILENT CHALLENGE: Massive scale, massive inefficiency in delivering sales collateral worldwide o Spreadsheets, email, FTPs to manage translation process o Hundreds of global stakeholders with no centralization o 12 project managers o 225 reviewers o 100 project requestors o 10+ languages o 3 preferred vendors o 4 continents o Limited visibility – causing duplicate efforts and delays OUTCOME: 40% faster time to market o 50% of project managers’ time gained back o Less time looking for project status, checking reviews, copying and pasting © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 25@hlorenzen | @cloudwordsinc | #ruletheworld
  • 26. HOW CAN YOU BETTER… © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 26@hlorenzen | @cloudwordsinc | #ruletheworld
  • 27. QUESTIONS? © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED 27@hlorenzen | @cloudwordsinc | #ruletheworld The world is waiting for you, so… what in the world are you waiting for?
  • 28. THANK YOU! @cloudwords cloudwords.com T: © 2014 CLOUDWORDS, INC. ALL RIGHTS RESERVED Heidi Lorenzen CMO heidi@cloudwords.com | @hlorenzen 925.353.8836 28 #RuleTheWorld

Notas del editor

  1. In all seriousness, I’ve always been intrigued by what it takes to rule the world – in other words, be successful globally – either for an individual career, or for a company’s growth. I’ve personally spent over 10 years overseas, and I’ve also held global roles in corporate headquarters. So I know what it’s like to be on both sides of the proverbial ocean. And now, being with Cloudword’s, I get to see some of the most progressive global marketers scale the footprint of their impact. I look forward to sharing some of my experiences, and to hearing about yours.
  2. Thomas Friedman – a decade ago; first job out of college – Taiwan – so to me and many others, even his book seemed old news
  3. Business process Email, ftp, spreadsheets Stuff from ‘89 It’s archaid
  4. HL: sub-optimal ways people doing this now Visual that denotes none of these is the full picture
  5. 1%
  6. Localisation is the ultimate personalisation
  7. Market doesn’t need another LSP – 30,000
  8. Unique approach: Secure customer first, then justify localization costs First step: Deal sold in France, Cloudwords delivered a French product in 30 days Expansion: Rest of the world followed – secure customer first, localize product, repeat Bonus: Early customers become reference customers and support demand generation, corporate marketing globally