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#INBOUND16
MYOPIC MARKETING
REVISITED
The Fight for Strategic Relevance
and a Happy Life
W. Sean Ford
SVP and CMO, LogMeIn
relevant
are you?
how
#INBOUND16
do you know?
how
#INBOUND16
#INBOUND16
1 THE DANGER
#INBOUND16
Slippery Slope of Marketing Irrelevance
Growth
Expense
#INBOUND16
2 THE DEFINITION
#INBOUND16
MARKETING
MYOPIA
A short-sighted and inward looking
approach to marketing that focuses on
the needs of the company instead of
defining the company and its products
in terms of the customers' needs and
wants.
-Theodore Levitt
“
“
#INBOUND16
THE
BABY CAGE
In vogue in the 1930’s in
London…after a book was written
on the value of babies being
“aired.”
Marketing Myopia Revisited
#INBOUND16
Marketing Myopia Redefined
The tendency to assess marketing performance in a vacuum--
entirely separate from the dynamics of the market and the degree
of alignment in a company’s broader go-to-market strategy
#INBOUND16
#INBOUND16
#INBOUND16
3 THE SYMPTOMS
marketing?
how effective is my
#INBOUND16
#INBOUND16
#INBOUND16
marketing performance?
how should I measure
#INBOUND16
MQLs?
#INBOUND16
SALs? Downloads?
Pipeline?
CAC?
#INBOUND16
LTV / CAC Ratio
2:1
things aren’t always
what they seem…
sometimes….
#INBOUND16
#INBOUND16
4 THE DIAGNOSIS
#INBOUND16
Go-to-Market Map
High
Consideration
High
Velocity
Lower-Growth Market
High-Growth Market
Go To Market Mix
E
f
f
i
c
i
e
n
c
y
#INBOUND16
Go-to-Market Map
High
Consideration
High
Velocity
Lower-Growth Market
High-Growth Market
Go To Market Mix
E
f
f
i
c
i
e
n
c
y
#INBOUND16
The Four Factors
Marketing
Fragmentation
Sales Model
Complexity
Product / Market
Fit
Market Dynamics
• Competitive intensity/ market saturation
• Entry and exit barriers (competitors/customers)
• Maturity (overall and within core segments)
• Multi-channel vs. Mono
• Global vs. Regional
• Touch vs. No Touch
• Grow, Sustain (momentum), Retain
• Bookings vs. “Users”
• Expand Core vs. Extension (TAM)
• Adoption Investment Level?
• Coverage (Segment / Tiers)
#INBOUND16
Performance Measurement
eComm
Efficiency
Revenue
Targets
• MQLs
• Pipeline Contribution
• Demos/Chats
• Net New Opportunities
• Trials/Quality Trial
• Registrations
• AOS
• Conversion Rate
• eComm Bookings
• Retention
KPI Categories
High
Consideration
High
Velocity
LTV/CAC, Cost/MQL, Rep Productivity
#INBOUND16
5 THE 4-STEP CURE
admit you have a problem
#INBOUND16
#1
#INBOUND16
be willing to talk about it
#2
#INBOUND16
apply treatment to relieve
#3
the greatest pain
#INBOUND16
monitor ongoing vital signs
#4
#INBOUND16
1.1. Admit you have a problem
2.2. Be willing to talk about it
3.3. Apply treatment to relieve the greatest pain
4.4. Monitor ongoing vital signs
#INBOUND16
THANK YOU

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W. Sean Ford - Myopic Marketing Revisited