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September	
  29,	
  2010	
  
Your	
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  made	
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1. Viewer Window                               2. Control Panel




                                                   Type your question
                                                          here
Ian Michiels
Chair, Research Advisory Board
Gleanster
ian.michiels@gmail.com


Matt West
Director of Marketing Programs
Genius.com
matt@genius.com


Andrew Gaffney
Editor
DemandGen Report
andrewg@demandgenreport.com
!    Benchmark	
  market	
  adop6on	
  trends	
  
          Emerging	
  best	
  prac6ces	
  
          What’s	
  Working,	
  What’s	
  Not	
  
!    Marke6ng	
  Automa6on	
  Maturity	
  
     Framework	
  
!    5	
  Recommenda6ons	
  /	
  Baby-­‐Steps	
  
!    Lead	
  Nurturing	
  for	
  Dummies	
  
          September	
  2010	
  

!    Marke6ng	
  Automa6on	
  Gleansights	
                  Ian Michiels
          “Capitalizing	
  on	
  Nurture	
  Marke6ng”	
  
          324	
  B2B	
  Survey	
  Par6cipants	
  
          Assess	
  current	
  adop6on	
  
          Iden6fy	
  emerging	
  best	
  prac6ces	
  
You	
  should	
  be	
  able:	
                                           I’m
                                                                      Sailing!!!
1.    	
  Benchmark	
  your	
  organiza6ons	
  use	
  of	
  
      marke6ng	
  personaliza6on	
  

2.    Walk	
  away	
  with	
  at	
  least	
  2	
  things	
  you	
  
      can	
  do,	
  today,	
  to	
  improve	
  the	
  in6macy	
  
      of	
  your	
  marke6ng	
  communica6ons	
  

3.    Ar6culate	
  the	
  value	
  of	
  lead	
  nurturing	
  
1to1 Marketing
                                                                              •  Lead Scoring
                                                                              •  Lead Nurturing
                                                                              •  Trigger Marketing
                 Customer Expectations




•  Access to
   Information
•  Limited
   Attention
•  Mobile
•  Channel
   Agnostic




                                         Mass Marketing
                                         •  Spray and Pray



                                            Level of Personalization / Intimacy / Relevance
1to1 Marketing
                                                                                      •  Lead Scoring
                                                                                      •  Lead Nurturing
                                                                                      •  Trigger Marketing
                 Customer Expectations




•  Access to
   Information
•  Limited
   Attention
•  Mobile
•  Channel
   Agnostic
                                                     Average
                                                     Company   Invest in
                                                               Marketing Automation


                                         Mass Marketing
                                         •  Spray and Pray



                                            Level of Personalization / Intimacy / Relevance
1to1 Marketing
                                                                                      •  Lead Scoring
                                                                                      •  Lead Nurturing
                                                                                      •  Trigger Marketing
                 Customer Expectations




•  Access to                                                                  ?
   Information
•  Limited
   Attention
•  Mobile
•  Channel
   Agnostic
                                                     Average
                                                     Company   Invest in
                                                               Marketing Automation


                                         Mass Marketing
                                         •  Spray and Pray



                                            Level of Personalization / Intimacy / Relevance
!      Market	
  adop6on	
  skewed	
  towards	
  light	
  personaliza6on	
  

                                                                                              Percentage
          Tactics                                        Definition
                                                                                            Currently Using*
     Generic Marketing         Generic mass email messages                                        80%
       Personalizing           Same email goes to all prospects, prospect
                                                                                                  76%
      Salutation Only          name is personalized
Personalizing Offer by         Email content/offer is personalized by segment,
                                                                                                  20%
      Segment                  prospect name is personalized
                               Emails are personalized with name and/or other
Personalizing Offer by         profile information, information on purchase
                                                                                                  10%
 Customer Behavior             history, product or service recommendations,
                               etc.
*Gleanster, “Capitalizing on Nurture Marketing” October 2010, 324 B2B Survey Participants
!    Early	
  Adopter	
  
        We	
  use	
  lead	
  management,	
  have	
  seen	
  measurable	
  ROI	
  	
  
        Solu6on	
  is	
  new,	
  too	
  early	
  to	
  measure	
  the	
  value	
  
!    Pragma6c	
  Adopter:	
  	
  Saw	
  demos,	
  did	
  a	
  trial,	
  but	
  s6ll	
  trying	
  to	
  
     jus6fy	
  an	
  investment	
  
!    Skep6c:	
  	
  I	
  heard	
  about	
  lead	
  management,	
  and	
  I’m	
  open	
  to	
  more	
  
     informa6on,	
  but	
  we	
  s6ll	
  haven't	
  tried	
  it	
  
!    Late	
  Majority:	
  	
  Wai6ng	
  un6l	
  lead	
  management	
  becomes	
  a	
  
     standardized	
  enabler	
  like	
  CRM	
  or	
  ERP	
  
!    Non-­‐User:	
  	
  Understand	
  lead	
  management,	
  but	
  it's	
  not	
  for	
  us	
  and	
  
     never	
  will	
  be	
  
!    Never	
  heard	
  of	
  lead	
  management	
  therefore	
  can't	
  make	
  an	
  
     informed	
  decision	
  about	
  adop6on	
  	
  
Lead Management Adoption Trends




                         % of Companies
* From the Q4 2010 Gleansight survey “Capitalizing on Lead Nurturing”.
!    Percep6on	
  that	
  companies	
  are	
  not	
  extrac6ng	
  the	
  full	
  
     value	
  from	
  technology	
  investments	
  
!    Disparate	
  technologies	
  lead	
  to	
  challenges	
  	
  
        Usability	
  
        Disparate	
  Data	
  
!    It’s	
  difficult	
  to	
  automate	
  prospect	
  engagement	
  across	
  
     online	
  and	
  offline	
  channels	
  
!    Organiza6onal	
  resources	
  spread	
  thin	
  
Benefits:
Goals:                  •  Grow the pipeline
                            •  Turn 8% conversion of qualified and not
•  Lead Scoring                ready to 25-30%
•  Lead Qualification   • Increase revenue
                            •  Maintain relationships with potential
•  Segmentation                customers who aren’t ready to buy in
                               the short-term.
•  Behavioral           • Increase sales rep productivity
Targeting                   •  Reduce the time sales reps spend
                               educating leads
•  Trigger Marketing    • Educate and influence potential
•  Lead Nurturing         customers about products and
                          solutions.
                        • Deliver a better customer
                          experience
!    Start	
  small	
  –	
  take	
  it	
  one	
  step	
  at	
  a	
  6me	
  

!    Get	
  smarter	
  about	
  your	
  customer	
  –	
  before	
  you	
  
     meet	
  

!    Engage	
  in	
  beaer	
  conversa6ons	
  

!    Invest	
  in	
  resources	
  

!    Recycle,	
  Reuse,	
  Renew	
  
Marketing Challenges                   Sales Challenges
      How do I…                              How do I…

   Reach, listen & respond to relevant
                       conversations?    Identify prospects from my territory on the
                                         web site?
    Engage & track my prospect after
                      click-through?     Increase connect rates with qualified
                                         prospects?
     Determine best channels for lead
                        generation?      Connect with a prospect when she’s
                                         ready – not before and not too late?
   Engage prospects without wasteful
                manual processes?
                                         Get the right profile data to have more
                                         quality conversations?
          Optimize conversion rates?

                                         Re-engage prospects not yet ready?


Re-engage prospects not ready to buy?
                                         Identify up-sell & cross-sell opportunities
                                         with my customers?
!    Benefits:	
  	
  
        Know	
  not	
  only	
  who	
  your	
  customers,	
  but	
  how     	
  
         they	
  behave	
  on	
  your	
  website	
  
        Extend	
  your	
  email	
  tracking,	
  so	
  you	
  can	
  tailor	
  
         future	
  communica6ons	
  
        Make	
  behavioral	
  data	
  available	
  to	
  your	
  sales	
  
         reps,	
  so	
  they	
  know	
  who	
  who’s	
  interested	
  
         and	
  how	
  to	
  follow	
  up.	
  	
  

!    Implica6ons:	
  	
  
        Sales	
  will	
  need	
  to	
  be	
  shown	
  the	
  basics.	
  Once	
  
         they	
  get	
  involved,	
  they’ll	
  be	
  hooked	
  
        Learn	
  to	
  Observe	
  and	
  Serve,	
  not	
  Track	
  and	
  
         Aaack.	
  
!    Benefits:	
  	
  
        With	
  Track-­‐able	
  URLs,	
  you’ll	
  know	
  	
  
              •  have	
  they	
  been	
  to	
  your	
  site?	
  
              •  Where	
  did	
  they	
  come	
  from?	
  
              •  What	
  drove	
  them	
  to	
  your	
  site?	
  
              •  What	
  did	
  they	
  do	
  on	
  your	
  site?	
  
              •  How	
  many	
  6mes	
  	
  
        Intelligent	
  forms	
  
              •  If	
  source	
  is	
  unknown,	
  pass	
  the	
  values	
  associated	
  with	
  the	
  form	
  to	
  the	
  
                     database	
  
              •  If	
  source	
  is	
  known,	
  append	
  form	
  data	
  with	
  link	
  ID	
  data	
  
!    Implica6ons:	
  
        Diligence	
  with	
  using	
  track-­‐able	
  URLS–	
  Ideally,	
  every	
  external	
  URL	
  is	
  track-­‐able	
  
        	
  All	
  forms	
  should	
  be	
  swapped	
  out	
  on	
  your	
  website.	
  If	
  not,	
  at	
  least	
  on	
  Landing	
  
         Pages	
  
Drive to Website




                                Convert via form




     Nurture



Alert Rep of Buying Behavior
!    Benefits:	
  	
  
          Auto-­‐response	
  emails,	
  based	
  on	
  individual	
  behavior	
  can	
  be	
  
           6ed	
  to	
  a	
  specific	
  ac6on.	
  
          Mul6-­‐touch	
  campaigns	
  can	
  be	
  developed	
  for	
  groups	
  of	
  
           people	
  with	
  something	
  in	
  common.	
  

!    Implica6ons:	
  	
  
          A	
  Linear	
  Path	
  for	
  Automated	
  campaigns	
  
          Manual	
  Process	
  for	
  more	
  complex	
  campaigns	
  
“Genius is a must have solution in this economy; it’s what we need, right now.
                        It has become one of the main solutions that we rely on to grow our pipeline.” !
                        Peter Grace | VP of Sales at ADX


   ADX	
  built	
  a	
  pipeline	
  of	
  60	
  qualified	
  opportuniAes	
  in	
  90	
  days	
  

•  Marketing Sends
   Email On Behalf of
   President

•  Followup Email Sent
   On Behalf of Reps

•  Automated Emails
   Based on Prospect
   Response – Rep
   Monitors Tracker for
   Prospect Behavior
!    Benefits:	
  	
  
        Sales	
  wastes	
  less	
  6me	
  with	
  un-­‐ready	
  
         or	
  uninterested	
  prospects.	
  	
  
        Conversion	
  events	
  iden6fy	
  buying	
  
         interest	
  and	
  send	
  to	
  sales	
  in	
  real	
  6me	
  

!    Implica6ons:	
  	
  
        Must	
  invest	
  the	
  6me	
  to	
  set	
  up	
  
         scoring	
  structure	
  
        Must	
  constantly	
  op6mize	
  and	
  update	
  
!    Benefits:	
  	
  
        Mul6-­‐6er	
  workflows	
  pull	
  prospects	
  through	
  the	
  buying	
  
         process	
  by	
  providing	
  relevant,	
  valuable	
  content	
  for	
  each	
  
         point	
  in	
  the	
  buying	
  process.	
  
        Connect	
  rates	
  and	
  Conversion	
  rates	
  will	
  soar	
  


!    Implica6ons:	
  	
  
        Must	
  be	
  commiaed	
  to:	
  
          •  Developing	
  content	
  
          •  Monitoring	
  and	
  	
  
             op6mizing	
  programs	
  
Finance                Customers
•  Investments         •  Products
•  Expenditures        •  Satisfaction
•  Profit              •  Revenue



      Process     Process
Finance                     Customers
         •  Investments              •  Products
         •  Expenditures             •  Satisfaction
         •  Profit                   •  Revenue



               Process          Process




      Top Performers find a balance. Balance requires
simultaneous movement in people, process, and technology.
Balance each step across each dimension to help shift the fulcrum accordingly

 Technology Step

   Extend your email tracking, so you can
       tailor future communications

         Process Step
             Determine how the organization will
             incorporate this tracking in the next
                          campaign

         People Step
          Decide who will own this capability in the
           organization- alter the role accordingly
!    We’ll	
  give	
  you	
  a	
  FREE	
  Genius	
  Demand	
  Genera6on	
  account.	
  	
  
          Highly	
  personalized	
  Email	
  Marke6ng,	
  with	
  online	
  email	
  crea6on,	
  email	
  
           templates,	
  dynamic	
  database	
  segmenta6on	
  and	
  list	
  building	
  tools.	
  

          Page-­‐by	
  page	
  repor6ng	
  for	
  email	
  responses	
  

          Drag	
  and	
  Drop	
  Web	
  to	
  Lead	
  forms	
  

          Auto-­‐triggered	
  response	
  emails	
  

          Behavioral	
  Lead	
  Tracking	
  

          Real-­‐6me	
  Behavioral	
  Alerts	
  to	
  your	
  Sales	
  team	
  

          Robust	
  Campaign	
  Repor6ng	
  

          Unmatched	
  CRM	
  Integra6on	
  
Your	
  GoToWebinar	
  A/endee	
  Viewer	
  is	
  made	
  of	
  2	
  parts:	
  

1. Viewer Window                                     2. Control Panel




                                                   Type your question
                                                          here
Ian Michiels
Chair, Research Advisory Board
Gleanster
www.gleanster.com


Matt West
Director of Marketing Programs
Genius.com
matt@genius.com

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Walk Before You Run with Marketing Automation: 5 Baby-Steps to Lead Nurturing Success

  • 2. Your  GoToWebinar  A/endee  Viewer  is  made  of  2  parts:   1. Viewer Window 2. Control Panel Type your question here
  • 3. Ian Michiels Chair, Research Advisory Board Gleanster ian.michiels@gmail.com Matt West Director of Marketing Programs Genius.com matt@genius.com Andrew Gaffney Editor DemandGen Report andrewg@demandgenreport.com
  • 4. !  Benchmark  market  adop6on  trends     Emerging  best  prac6ces     What’s  Working,  What’s  Not   !  Marke6ng  Automa6on  Maturity   Framework   !  5  Recommenda6ons  /  Baby-­‐Steps  
  • 5. !  Lead  Nurturing  for  Dummies     September  2010   !  Marke6ng  Automa6on  Gleansights   Ian Michiels   “Capitalizing  on  Nurture  Marke6ng”     324  B2B  Survey  Par6cipants     Assess  current  adop6on     Iden6fy  emerging  best  prac6ces  
  • 6. You  should  be  able:   I’m Sailing!!! 1.   Benchmark  your  organiza6ons  use  of   marke6ng  personaliza6on   2.  Walk  away  with  at  least  2  things  you   can  do,  today,  to  improve  the  in6macy   of  your  marke6ng  communica6ons   3.  Ar6culate  the  value  of  lead  nurturing  
  • 7. 1to1 Marketing •  Lead Scoring •  Lead Nurturing •  Trigger Marketing Customer Expectations •  Access to Information •  Limited Attention •  Mobile •  Channel Agnostic Mass Marketing •  Spray and Pray Level of Personalization / Intimacy / Relevance
  • 8. 1to1 Marketing •  Lead Scoring •  Lead Nurturing •  Trigger Marketing Customer Expectations •  Access to Information •  Limited Attention •  Mobile •  Channel Agnostic Average Company Invest in Marketing Automation Mass Marketing •  Spray and Pray Level of Personalization / Intimacy / Relevance
  • 9. 1to1 Marketing •  Lead Scoring •  Lead Nurturing •  Trigger Marketing Customer Expectations •  Access to ? Information •  Limited Attention •  Mobile •  Channel Agnostic Average Company Invest in Marketing Automation Mass Marketing •  Spray and Pray Level of Personalization / Intimacy / Relevance
  • 10. !  Market  adop6on  skewed  towards  light  personaliza6on   Percentage Tactics Definition Currently Using* Generic Marketing Generic mass email messages 80% Personalizing Same email goes to all prospects, prospect 76% Salutation Only name is personalized Personalizing Offer by Email content/offer is personalized by segment, 20% Segment prospect name is personalized Emails are personalized with name and/or other Personalizing Offer by profile information, information on purchase 10% Customer Behavior history, product or service recommendations, etc. *Gleanster, “Capitalizing on Nurture Marketing” October 2010, 324 B2B Survey Participants
  • 11. !  Early  Adopter     We  use  lead  management,  have  seen  measurable  ROI       Solu6on  is  new,  too  early  to  measure  the  value   !  Pragma6c  Adopter:    Saw  demos,  did  a  trial,  but  s6ll  trying  to   jus6fy  an  investment   !  Skep6c:    I  heard  about  lead  management,  and  I’m  open  to  more   informa6on,  but  we  s6ll  haven't  tried  it   !  Late  Majority:    Wai6ng  un6l  lead  management  becomes  a   standardized  enabler  like  CRM  or  ERP   !  Non-­‐User:    Understand  lead  management,  but  it's  not  for  us  and   never  will  be   !  Never  heard  of  lead  management  therefore  can't  make  an   informed  decision  about  adop6on    
  • 12. Lead Management Adoption Trends % of Companies * From the Q4 2010 Gleansight survey “Capitalizing on Lead Nurturing”.
  • 13. !  Percep6on  that  companies  are  not  extrac6ng  the  full   value  from  technology  investments   !  Disparate  technologies  lead  to  challenges       Usability     Disparate  Data   !  It’s  difficult  to  automate  prospect  engagement  across   online  and  offline  channels   !  Organiza6onal  resources  spread  thin  
  • 14.
  • 15. Benefits: Goals: •  Grow the pipeline •  Turn 8% conversion of qualified and not •  Lead Scoring ready to 25-30% •  Lead Qualification • Increase revenue •  Maintain relationships with potential •  Segmentation customers who aren’t ready to buy in the short-term. •  Behavioral • Increase sales rep productivity Targeting •  Reduce the time sales reps spend educating leads •  Trigger Marketing • Educate and influence potential •  Lead Nurturing customers about products and solutions. • Deliver a better customer experience
  • 16.
  • 17. !  Start  small  –  take  it  one  step  at  a  6me   !  Get  smarter  about  your  customer  –  before  you   meet   !  Engage  in  beaer  conversa6ons   !  Invest  in  resources   !  Recycle,  Reuse,  Renew  
  • 18. Marketing Challenges Sales Challenges How do I… How do I… Reach, listen & respond to relevant conversations? Identify prospects from my territory on the web site? Engage & track my prospect after click-through? Increase connect rates with qualified prospects? Determine best channels for lead generation? Connect with a prospect when she’s ready – not before and not too late? Engage prospects without wasteful manual processes? Get the right profile data to have more quality conversations? Optimize conversion rates? Re-engage prospects not yet ready? Re-engage prospects not ready to buy? Identify up-sell & cross-sell opportunities with my customers?
  • 19. !  Benefits:       Know  not  only  who  your  customers,  but  how   they  behave  on  your  website     Extend  your  email  tracking,  so  you  can  tailor   future  communica6ons     Make  behavioral  data  available  to  your  sales   reps,  so  they  know  who  who’s  interested   and  how  to  follow  up.     !  Implica6ons:       Sales  will  need  to  be  shown  the  basics.  Once   they  get  involved,  they’ll  be  hooked     Learn  to  Observe  and  Serve,  not  Track  and   Aaack.  
  • 20. !  Benefits:       With  Track-­‐able  URLs,  you’ll  know     •  have  they  been  to  your  site?   •  Where  did  they  come  from?   •  What  drove  them  to  your  site?   •  What  did  they  do  on  your  site?   •  How  many  6mes       Intelligent  forms   •  If  source  is  unknown,  pass  the  values  associated  with  the  form  to  the   database   •  If  source  is  known,  append  form  data  with  link  ID  data   !  Implica6ons:     Diligence  with  using  track-­‐able  URLS–  Ideally,  every  external  URL  is  track-­‐able      All  forms  should  be  swapped  out  on  your  website.  If  not,  at  least  on  Landing   Pages  
  • 21. Drive to Website Convert via form Nurture Alert Rep of Buying Behavior
  • 22. !  Benefits:       Auto-­‐response  emails,  based  on  individual  behavior  can  be   6ed  to  a  specific  ac6on.     Mul6-­‐touch  campaigns  can  be  developed  for  groups  of   people  with  something  in  common.   !  Implica6ons:       A  Linear  Path  for  Automated  campaigns     Manual  Process  for  more  complex  campaigns  
  • 23. “Genius is a must have solution in this economy; it’s what we need, right now. It has become one of the main solutions that we rely on to grow our pipeline.” ! Peter Grace | VP of Sales at ADX ADX  built  a  pipeline  of  60  qualified  opportuniAes  in  90  days   •  Marketing Sends Email On Behalf of President •  Followup Email Sent On Behalf of Reps •  Automated Emails Based on Prospect Response – Rep Monitors Tracker for Prospect Behavior
  • 24. !  Benefits:       Sales  wastes  less  6me  with  un-­‐ready   or  uninterested  prospects.       Conversion  events  iden6fy  buying   interest  and  send  to  sales  in  real  6me   !  Implica6ons:       Must  invest  the  6me  to  set  up   scoring  structure     Must  constantly  op6mize  and  update  
  • 25. !  Benefits:       Mul6-­‐6er  workflows  pull  prospects  through  the  buying   process  by  providing  relevant,  valuable  content  for  each   point  in  the  buying  process.     Connect  rates  and  Conversion  rates  will  soar   !  Implica6ons:       Must  be  commiaed  to:   •  Developing  content   •  Monitoring  and     op6mizing  programs  
  • 26. Finance Customers •  Investments •  Products •  Expenditures •  Satisfaction •  Profit •  Revenue Process Process
  • 27. Finance Customers •  Investments •  Products •  Expenditures •  Satisfaction •  Profit •  Revenue Process Process Top Performers find a balance. Balance requires simultaneous movement in people, process, and technology.
  • 28. Balance each step across each dimension to help shift the fulcrum accordingly Technology Step Extend your email tracking, so you can tailor future communications Process Step Determine how the organization will incorporate this tracking in the next campaign People Step Decide who will own this capability in the organization- alter the role accordingly
  • 29. !  We’ll  give  you  a  FREE  Genius  Demand  Genera6on  account.       Highly  personalized  Email  Marke6ng,  with  online  email  crea6on,  email   templates,  dynamic  database  segmenta6on  and  list  building  tools.     Page-­‐by  page  repor6ng  for  email  responses     Drag  and  Drop  Web  to  Lead  forms     Auto-­‐triggered  response  emails     Behavioral  Lead  Tracking     Real-­‐6me  Behavioral  Alerts  to  your  Sales  team     Robust  Campaign  Repor6ng     Unmatched  CRM  Integra6on  
  • 30. Your  GoToWebinar  A/endee  Viewer  is  made  of  2  parts:   1. Viewer Window 2. Control Panel Type your question here
  • 31. Ian Michiels Chair, Research Advisory Board Gleanster www.gleanster.com Matt West Director of Marketing Programs Genius.com matt@genius.com