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LEAD NURTURING
                                           ELO[Q]UTION
                                               LESSON




NURTURING ELO[Q]UTION LESSON
                       Or really
                                make
                           February, 2012
                                a splash
                                like this

Copyright MarketOne 2011                             1
LEAD NURTURING
                                                                ELO[Q]UTION
                                                                    LESSON




WHAT WE’RE GOING TO TRY TO COVER TODAY
     What lead nurturing is
     When and when not to automate
     Where to start
     How to build a business case
     What kind of content works
     How to personalize and profile
     Which pages to drive people to     STEVEN ELLIOTT
                                        Managing Director
     What to score and where to route   MarketOne Digital




Copyright MarketOne 2011                                                  2
LEAD NURTURING
                                               ELO[Q]UTION
                                                   LESSON




“Building a relationship with prospects,
   regardless of their timing to buy.”




Copyright MarketOne 2011                                 3
LEAD NURTURING
                                                             ELO[Q]UTION
                                                                 LESSON




              PRM
     (Prospect Relationship Management)
 A systematic process for guiding and accelerating
prospects from initial inquiry to sales accepted lead.
LEAD NURTURING
                                                                         ELO[Q]UTION
                                                                             LESSON




                           EBD
                  (Experience Based Differentiation)
          Make the process of researching and buying your
        product or service a competitive differentiator in itself.




Copyright MarketOne 2011                                                           5
LEAD NURTURING
                                                        ELO[Q]UTION
                                                            LESSON




                 STORES


             APPLICATIONS


                 MAC O/S


               HARDWARE


By integrating its entire stack, Apple is able to
      consistently delight its customers.
LEAD NURTURING
                                                           ELO[Q]UTION
                                                               LESSON




                 [your brand]

               TELEMARKETING
                / INSIDE SALES

                 DIGITAL
              COMMUNICATION

                  MARKETING
                 TECHNOLOGY

                  PROSPECT
                    DATA


Providing a great prospect experience requires tight
    integration of the demand generation stack.
LEAD NURTURING
                             ELO[Q]UTION
                                 LESSON




Choose from many flavours!
LEAD NURTURING
                                                        ELO[Q]UTION
                                                            LESSON




1. Welcome & Education
2. Acceleration (Inquiry to MQL)
3. Keep Warm (Sales Rejected Leads)
4. Claw Back (Sales Neglected Leads)
5. Win Back (lost opportunities)
6. Re-engagement (with stale leads)
7. Process Automation (Trial Conversion, Freemium
      Upgrade, Licence Renewals)


Copyright MarketOne 2011                                          9
LEAD NURTURING
                             ELO[Q]UTION
                                 LESSON




BUILDING THE BUSINESS CASE
LEAD NURTURING
                     ELO[Q]UTION
                         LESSON




WIDE & SHALLOW
      or
NARROW & DEEP
LEAD NURTURING
                                                                                                                 ELO[Q]UTION
                                                                                                                     LESSON




               HOW LONG IS A PIECE OF STRING?
                                                                                           EMAIL Ac9
                                                                         EMAIL Ac8
                                                         EMAIL Ac7
                                          EMAIL Ac6
                     EMAIL Ac5
EMAIL Ac4                                                                                                       RE-ENGAGE
                                                                                                                 PROGRAM




       VOIP                  VOIP                VOIP            VOIP              VOIP              VOIP
     LANDING               LANDING             LANDING         LANDING           LANDING           LANDING
      PAGE 4                PAGE 5              PAGE 6          PAGE 7            PAGE 8            PAGE 9



                             ACCELERATION
                               EMAIL Ac10


                                                                                           ACCELERATION
                                                                                             PROGRAM
                                                                     TELE-QUAL
                             ACCELERATION                            CALL 2
                               EMAIL Ac11
   LEAD
 SCORING                                                                                               OPPORTUNITIES
                                                                                                       TO SALES via CRM

               Copyright MarketOne 2011                                                                                   12
LEAD NURTURING
                                        ELO[Q]UTION
                                            LESSON




DON’T AUTOMATICALLY
AUTOMATE

 It’s not always possible
 Scheduled campaigning
 Don’t rely on content that dates
 But fresh content pulls well
 Don’t “set-and-forget”
LEAD NURTURING
                                      ELO[Q]UTION
                                          LESSON




HOW MUCH IS TOO MUCH?
      Newsletters?
      Outbound campaigns?
      Major announcements?
      Event invitations?
      Multiple nurture streams?
      Customer service emails?




Copyright MarketOne 2011                      14
KN
                              LEAD NURTURING




       EV
       SA
                                  ELO[Q]UTION
                                      LESSON




         OW
         NE


         EN
          LES
            WW


            TA
            NC




              CO
              NO
               TTE
                ON




                LLE
                 EB




                 MIN
                   TA
                   ND


                    AG
                    LEA




                     AT
                      CT

                      EES


                       UE
                        ED
                        DS
                         S




                          S
MAKE A PLAN TO FEED THE MACHINE
LEAD NURTURING
                                                ELO[Q]UTION
                                                    LESSON




   “Every time you send a prospect an
irrelevant email, you’re telling them you
        don’t understand them.”




Copyright MarketOne 2011                                16
LEAD NURTURING
                                                            ELO[Q]UTION
                                                                LESSON




WHAT KIND OF CONTENT WORKS?

                      The
                    Content
                    Chasm
                                      BROCHURES
  THOUGHT                                 &
 LEADERSHIP       INFLUENCING         DATASHEETS


 It varies by client and campaign
 Case studies typically out-perform other assets
 Third party analyst papers & peer perspectives perform well
 Podcasts worst performing, brochures actually OK
 It doesn’t have to be a download or even your content
LEAD NURTURING
                                                           ELO[Q]UTION
                                                               LESSON




SIGNATURE EMAILS
 Provides variety and change of pace
 No significant improvement in open-rate or click-throughs
 Subject Line, Content Offer & CTA more important than format


The perils of personalisation
 Don’t over-use – the novelty wears off
 Ensure reply-to addresses are monitored
 Informal subject lines and questions – Can I help?
 Use of Fwd: and Re: in subject lines
 The need to whitelist multiple addresses
 Think about timing
LEAD NURTURING
                                                                    ELO[Q]UTION
                                                                        LESSON




    DON’T BE TOO CLEVER

     N
1                            Email 1: sent to 1,000 contacts 5% CTR
                 N           Email 2: sent to 50 contacts with 10% CTR
         2
                             Email 3: sent to just 5 contacts
     Y               3
                         Y



     Have you got the content to support role-based tracks?
     Don’t use opens to drive program rules (or scoring)
     Limitations on measurement of dynamic content
LEAD NURTURING
                                       ELO[Q]UTION
                                           LESSON




                      CONVERSION
                           vs.

                 CONVERSATION



Copyright MarketOne 2011                       20
LEAD NURTURING
                                                      ELO[Q]UTION
                                                          LESSON




  SCORING PROGRAMMES

Do it with the inside sales team
Broad product portfolio? Multiple nurture programmes?
Keep Implicit scoring consistent and vary Express scoring
Do a first pass and review regularly
LEAD NURTURING
                                                                ELO[Q]UTION
                                                                    LESSON




GETTING PEOPLE OUT
     Educate telemarketing agency or inside sales team
     Keep prospects in program until manually removed
     Let all leads through to inside sales (with scoring)
     Close loop on lead quality and adjust scoring




Copyright MarketOne 2011                                                22
LEAD NURTURING
                                                                   ELO[Q]UTION
                                                                       LESSON




SOME FINAL WORDS OF ADVICE
 Nurturing is a long-term commitment
 Set expectations: no return likely within the first quarter
 Build a cross-functional team
 Consider dedicating resource
 Fina a partner that can manage complexity on your behalf



                Thank you.
STEVEN ELLIOTT
Managing Director, MarketOne Digital

selliott@marketone.com
Office +44 20 3580 4031
Mobile +44 7831 446 321

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Lead Nurturing

  • 1. LEAD NURTURING ELO[Q]UTION LESSON NURTURING ELO[Q]UTION LESSON Or really make February, 2012 a splash like this Copyright MarketOne 2011 1
  • 2. LEAD NURTURING ELO[Q]UTION LESSON WHAT WE’RE GOING TO TRY TO COVER TODAY What lead nurturing is When and when not to automate Where to start How to build a business case What kind of content works How to personalize and profile Which pages to drive people to STEVEN ELLIOTT Managing Director What to score and where to route MarketOne Digital Copyright MarketOne 2011 2
  • 3. LEAD NURTURING ELO[Q]UTION LESSON “Building a relationship with prospects, regardless of their timing to buy.” Copyright MarketOne 2011 3
  • 4. LEAD NURTURING ELO[Q]UTION LESSON PRM (Prospect Relationship Management) A systematic process for guiding and accelerating prospects from initial inquiry to sales accepted lead.
  • 5. LEAD NURTURING ELO[Q]UTION LESSON EBD (Experience Based Differentiation) Make the process of researching and buying your product or service a competitive differentiator in itself. Copyright MarketOne 2011 5
  • 6. LEAD NURTURING ELO[Q]UTION LESSON STORES APPLICATIONS MAC O/S HARDWARE By integrating its entire stack, Apple is able to consistently delight its customers.
  • 7. LEAD NURTURING ELO[Q]UTION LESSON [your brand] TELEMARKETING / INSIDE SALES DIGITAL COMMUNICATION MARKETING TECHNOLOGY PROSPECT DATA Providing a great prospect experience requires tight integration of the demand generation stack.
  • 8. LEAD NURTURING ELO[Q]UTION LESSON Choose from many flavours!
  • 9. LEAD NURTURING ELO[Q]UTION LESSON 1. Welcome & Education 2. Acceleration (Inquiry to MQL) 3. Keep Warm (Sales Rejected Leads) 4. Claw Back (Sales Neglected Leads) 5. Win Back (lost opportunities) 6. Re-engagement (with stale leads) 7. Process Automation (Trial Conversion, Freemium Upgrade, Licence Renewals) Copyright MarketOne 2011 9
  • 10. LEAD NURTURING ELO[Q]UTION LESSON BUILDING THE BUSINESS CASE
  • 11. LEAD NURTURING ELO[Q]UTION LESSON WIDE & SHALLOW or NARROW & DEEP
  • 12. LEAD NURTURING ELO[Q]UTION LESSON HOW LONG IS A PIECE OF STRING? EMAIL Ac9 EMAIL Ac8 EMAIL Ac7 EMAIL Ac6 EMAIL Ac5 EMAIL Ac4 RE-ENGAGE PROGRAM VOIP VOIP VOIP VOIP VOIP VOIP LANDING LANDING LANDING LANDING LANDING LANDING PAGE 4 PAGE 5 PAGE 6 PAGE 7 PAGE 8 PAGE 9 ACCELERATION EMAIL Ac10 ACCELERATION PROGRAM TELE-QUAL ACCELERATION CALL 2 EMAIL Ac11 LEAD SCORING OPPORTUNITIES TO SALES via CRM Copyright MarketOne 2011 12
  • 13. LEAD NURTURING ELO[Q]UTION LESSON DON’T AUTOMATICALLY AUTOMATE It’s not always possible Scheduled campaigning Don’t rely on content that dates But fresh content pulls well Don’t “set-and-forget”
  • 14. LEAD NURTURING ELO[Q]UTION LESSON HOW MUCH IS TOO MUCH? Newsletters? Outbound campaigns? Major announcements? Event invitations? Multiple nurture streams? Customer service emails? Copyright MarketOne 2011 14
  • 15. KN LEAD NURTURING EV SA ELO[Q]UTION LESSON OW NE EN LES WW TA NC CO NO TTE ON LLE EB MIN TA ND AG LEA AT CT EES UE ED DS S S MAKE A PLAN TO FEED THE MACHINE
  • 16. LEAD NURTURING ELO[Q]UTION LESSON “Every time you send a prospect an irrelevant email, you’re telling them you don’t understand them.” Copyright MarketOne 2011 16
  • 17. LEAD NURTURING ELO[Q]UTION LESSON WHAT KIND OF CONTENT WORKS? The Content Chasm BROCHURES THOUGHT & LEADERSHIP INFLUENCING DATASHEETS It varies by client and campaign Case studies typically out-perform other assets Third party analyst papers & peer perspectives perform well Podcasts worst performing, brochures actually OK It doesn’t have to be a download or even your content
  • 18. LEAD NURTURING ELO[Q]UTION LESSON SIGNATURE EMAILS Provides variety and change of pace No significant improvement in open-rate or click-throughs Subject Line, Content Offer & CTA more important than format The perils of personalisation Don’t over-use – the novelty wears off Ensure reply-to addresses are monitored Informal subject lines and questions – Can I help? Use of Fwd: and Re: in subject lines The need to whitelist multiple addresses Think about timing
  • 19. LEAD NURTURING ELO[Q]UTION LESSON DON’T BE TOO CLEVER N 1 Email 1: sent to 1,000 contacts 5% CTR N Email 2: sent to 50 contacts with 10% CTR 2 Email 3: sent to just 5 contacts Y 3 Y Have you got the content to support role-based tracks? Don’t use opens to drive program rules (or scoring) Limitations on measurement of dynamic content
  • 20. LEAD NURTURING ELO[Q]UTION LESSON CONVERSION vs. CONVERSATION Copyright MarketOne 2011 20
  • 21. LEAD NURTURING ELO[Q]UTION LESSON SCORING PROGRAMMES Do it with the inside sales team Broad product portfolio? Multiple nurture programmes? Keep Implicit scoring consistent and vary Express scoring Do a first pass and review regularly
  • 22. LEAD NURTURING ELO[Q]UTION LESSON GETTING PEOPLE OUT Educate telemarketing agency or inside sales team Keep prospects in program until manually removed Let all leads through to inside sales (with scoring) Close loop on lead quality and adjust scoring Copyright MarketOne 2011 22
  • 23. LEAD NURTURING ELO[Q]UTION LESSON SOME FINAL WORDS OF ADVICE Nurturing is a long-term commitment Set expectations: no return likely within the first quarter Build a cross-functional team Consider dedicating resource Fina a partner that can manage complexity on your behalf Thank you.
  • 24. STEVEN ELLIOTT Managing Director, MarketOne Digital selliott@marketone.com Office +44 20 3580 4031 Mobile +44 7831 446 321