Digital Body Language, Dennis Dayman, Eloqua

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2007 © ELOQUA CORPORATION Digital Body Language: Deciphering Customer Intentions in an Online World Dennis Dayman Chief Privacy Officer

Transcript of Digital Body Language, Dennis Dayman, Eloqua

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2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 1

Digital Body Language: Deciphering Customer Intentions in an Online World

Dennis Dayman Chief Privacy Officer

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2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 2

Dennis Dayman

Twitter: ddayman

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What’s happening in today’s down market? New influence on Sales – The CFO

Traditional recession strategies

•  Tighten the Belt

• Do More With Less

•  Keep Customers Happy Impact on Sales:

•  Longer sales cycles

•  More competition for less deals

•  Finance gains influence; Sales must Talk VALUE

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How Marketers are Reacting

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Marketing’s New Language

Forecast Business Opps

Responses/Inquiries “has taken steps to demonstrate

interest”

Marketing Qualified Leads “a qualified business with a need”

Won Deals

Leads

Responses

Biz

Opps

Leads

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- Thomas Stewart, Editor Harvard Business Review

August, 2006 Issue Editorial

<< “Customers’ buying processes have evolved in our world of ubiquitous, instant,

global communication

… but companies’ selling processes have for the most

part stayed the same.”

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B2B Customer Buying Process

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good to go…

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old school…

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B2B Customer Buying Process 1995

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I’ll believe it when I see it

Read Buyer’s Body Language

Get me out of here

Where can I find budget for this?

This will make me a hero

Does he really understand my business?

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2009

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Read Buyer’s Body Language

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Google me …

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B2B Customer Buying Process 1995

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B2B Customer Buying Process 2009

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Sales Can’t Read It 2009

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Today’s B2B Marketing

Evaluation

Closing

Education Demand Generation

Lead Mgmt

Education

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It’s People, Process & Technology

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Getting All the Way There Is a Journey

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Step

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Profiling

To aggregate information from various sources including

transactions, response and demographic data to build an accurate picture of a target

customer

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“Knowing how prospects have responded to marketing campaigns before the call is the single biggest factor in uncovering revenue opportunities for our inside sale team” - Dir. of Marketing Operations, Google

“Knowing how prospects have responded to marketing campaigns before the call is the single biggest factor in uncovering revenue opportunities for our inside sale team.” - Dir. of Marketing Operations, Google

The Profiling Difference

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Step

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“Ranking one prospective buyer against another”

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Lead Scoring in Action

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Lead Scoring in Action

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Lead Scoring in Action

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Lead Scoring Pays Off

Based on a Survey of 10 Customers doing Lead Scoring for 165 days (under 6 months)

Before Lead Scoring

After Lead Scoring

Leads sent to sales

Close ratio

Revenue per deal

TOTAL REVENUE

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Step

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Lead Nurturing

Activity aimed at maintaining customer

interest by using constant and relevant

communication.

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Why Lead Nurturing?

Within 24 months from YOU or your competitor Source: Sirius Decisions

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How do you know when your toast is done?

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Lead Nurturing in Action

Day 1

Day 11

Day 21

Day 31

Day 41

Day 51

Day 61

Day 71

Day 81

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What’s working well?

•  eBooks •  Webinars •  Podcasts •  White papers

And what’s not? •  Cold calling •  Print ads •  Some DM

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Lead Nurturing Results Generated 1500 responses

More than 400 companies re-engaged

“Those same previously ignored leads turned out to be the best source of qualified opportunities”

- VP Marketing, Voxify

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It works:

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… more revenue from web-based campaigns

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… increase in marketing contributed sales

opportunities

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…conversion rate on automated programs

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… reduction in cost per lead

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… increase in inside sales productivity

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… more in leads from marketing

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… increase in email automation

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… more leads from the website

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I’ll believe it when I

see it

Reading Digital Body Language

Get me out of here

Where can I find budget

for this?

This will make me a

hero

Does he really understand

my business?

Salespeople Need to Know

Marketing Holds the Keys

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2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 53

•  Provide applications and expertise for B2B marketers to execute, automate and measure effective marketing programs that drive revenue

•  Founded in 2000

•  With 20,000 users and 550 customers in 33 countries, Eloqua is the global leader in demand generation applications and expertise.

•  250+ employees

•  HQ in Virginia, offices throughout North America, Canada, UK, Asia

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Dennis Dayman

Twitter: ddayman Blog: http://www.deliverability.com

See me for a business card

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Q&A

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