How PR Newswire Created an Innovative Demand Generation ...Demand Generation Engine That Increased...
Transcript of How PR Newswire Created an Innovative Demand Generation ...Demand Generation Engine That Increased...
Session TitleKEN WINCKOSenior Vice President of MarketingPR Newswire
How PR Newswire Created an Innovative Demand Generation Engine That Increased Engaged Leads by Over 20%
Ken WinckoSenior Vice President of MarketingPR Newswire
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About PR Newswire
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About PR Newswire customersGlobal by Geography U.S. by Type of Organization
30k+ Global Customers
58%
18%
16%
6%
2%
18k+ U.S. Customers
Latin Am.
EMEA
U.S.
Asia
Canada
34%
29%
27%
7%
3%
Public
Agency
Private
Other
NonprofitRevenue
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A market with rapidly changing needs
Source: 2016 Edelman Trust Barometer
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Challenges
Needed automation
Siloedchannels
Poor data
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Execute through a new marketing framework
Data and Analytics
Technology
Processes
People
Lead ManagementSales and Service Channels
Buyers
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Activate a buyer insight-focused cycle
A multichannel presence accelerates the buying process
PAID – EARNED – OWNED
Download at MarketingSherpa.com/
SummitSlides
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
atio
nal
Alig
nm
ent
Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
atio
nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Identify key segments and personas
DATA & ANALYTICS
Growth Segment Examples
Growth Stage Boutique
EXECUTIVESPRACTITIONERS
EXECUTIVESGENERALISTS
PRINCIPALSSUPERVISORS
OPERATIONS
COMPANIES AGENCIES
PER
SON
AS
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Identify key segments and personas
DATA & ANALYTICS
Growth Segment Examples
Growth Stage Boutique
EXECUTIVESPRACTITIONERS
EXECUTIVESGENERALISTS
PRINCIPALSSUPERVISORS
OPERATIONS
COMPANIES AGENCIES
PER
SON
AS
PRINCIPALSSUPERVISORS
Boutique
AGENCIES
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Creating content mapped to buyer journeysC
on
ten
t O
ffe
rs
Boutique Agency Principal example
Core Needs
Strategic Priority
Setting the Context
Solution Implication
Trigger Catalyst
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
atio
nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Build an end-to-end architecture
DATA & ANALYTICS
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Continually optimize through analytics
DATA & ANALYTICS
Content Download Heat Map
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
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nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Progressively profile buyers and route to sales
PROSPECT ENGAGED
QUALIFIED ENGAGED QUALIFIED LEAD
WARM
HOT
PURSUE
SECURE
CLOSED WON
Lead Qualification Stages (Marketing) Pipeline Stages (Sales)
IDENTIFY (0%)
DEVELOP (20%)
PURSUE50%
(90%)
CLOSED (100% - 0%)
SECURE
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Progressively profile buyers and route to sales
PROSPECT ENGAGED
QUALIFIED ENGAGED
PURSUE
SECURE
CLOSED WON
Lead Qualification Stages (Marketing) Pipeline Stages (Sales)
PURSUE50%
(90%)
CLOSED (100% - 0%)
SECURE
QUALIFIED LEAD
WARM
HOT
IDENTIFY (0%)
DEVELOP (20%)
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Examples of progressive elements by stage
What are you objectives? (multi-select list)• Media coverage• Compliance/Disclosure• Content Marketing Distribution• Website Traffic• Search Engine Ranking• Reach an International Audience• Demand Generation• Other (with free text option)
Free Text:• Phone number
Pick List:• List country options
Pick List:• List state and province options
When is your next release or campaign? Pick List:• Within 48 hours• 1-4 weeks• 1-2 months• 3+ months• No planned releases
REQUIRED PHONE NUMBER
GOALS
COUNTRY
STATE/PROVIDENCE
TIMELINE
What is the best time to reach you?Pick List:• Early morning (8-10 AM EST)• Late morning (10-12 PM EST)• Mid-day (12-1 PM EST)• Early afternoon (1-2 PM EST)• Late afternoon (3-5 PM EST)
Free Text:• Phone number
Do you have budget for PR/content/disclosure initiatives?Pick List:• Yes• No
When is your next release or campaign? Pick List:• Within 48 hours• 1-4 weeks• 1-2 months• 3+ months• No planned releases
REQUIRED PHONE NUMBER
TIME TO CALL
BUDGET
SEND A RELEASE
QL Warm – Lead Score: 700 Points QL Hot – Lead Score: 1,400 Points
KEY: Required field Optional field
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
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nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Integrate promotions across channels
PAID
Banner Ads 3P Events
3P Events Paid Search
EARNED
PR Pickup Social Shares
Blog PostsSpeaking Invites
OWNED
Website Mobile App
Blog PRN Events
PAID
Banner Ads 3P Events
3P Events Paid Search
EARNED
PR Pickup Social Shares
Blog PostsSpeaking Invites
OWNED
Website Mobile App
Blog PRN Events
DYNAMIC LANDING PAGES
Content Offer A
Content Offer B
Content Offer C
Buyer A
Buyer B
Buyer A
Buyer B
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The impact of promotion multichannel coordination and timing
0
100
200
300
400
500
600
700
800
Non-coordinated Multi-channelCoordinated
Performance of Content Offers
Views Downloads
0%
500%
1000%
1500%
2000%
2500%
No Press Release Multichannel(2 weeks)
Multichannel(1 week)
Impact of Distribution Channel and Timing
Views Downloads
© 2015 PR Newswire Association LLC. All Rights Reserved
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
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nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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Manage channels based on contribution to results
DATA & ANALYTICS
PPC
House List Outbound
PRNewswire.com
List Rental
Blog
PRN Webinar
CCS
PRN Live Events
Retargeting
Newswire Content Distribution
PRN Sponsored Event
Newswire.ca
PRN Sponsorship
Source versus lead qualification stage
Count of Original Lead Score
Engaged
Qualified Engaged
Qualified Lead – Warm
Qualified Lead – Hot
Opportunity, Pursue, Secure
Closed Won
Closed and Closed Out
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Optimize content promotion
Download Date 20K E-CO-1.4.2
Download Date 20K E-CO-2.2.1
Download Date 20K E-CO-1.2.1
Download Date 20K E-CO-1.3.3P
Download Date 20K E-CO-1.3.3P
Download Date 20K E-CO-1.3.1
Download Date 20K E-CO-1.4.1
Download Date 20K N-CO-2.1.1
Download Date 20K N-CO-3.1.1
Download Date 20K N-CO-1.1.1
11,149 Total Downloads
1.41% Closed Won Elasticity
743 Total Downloads, 6.19% Closed Won Elasticity
333 Total Downloads, 12.91% Closed Won Elasticity
530 Total Downloads, 6.42% Closed Won Elasticity
959 Total Downloads, 3.13% Closed Won Elasticity
Quick Tips Demand Gen/Integrated Tracking & Measurement Public Relations
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The impact of data hygiene
48% of people in the database were duplicates or unusable.!
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Build on a scalable marketing infrastructure
DATA & ANALYTICS
Content
Org
aniz
atio
nal
Alig
nm
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Marketing Technology
Lead Management Process
Multichannel Promotion
Data and Analytics
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It’s all about serving your customers
July 30 – 12:19 p.m.Organic search referral and
downloads offer
July 30 – 2:19 p.m.Browsed knowledge center and
downloaded a second offer
July 31 –2:14 p.m.Attended on-demand webinar
Sept. 3 – 11:30 a.m.Engaged with nurture email
Sept. 3 – 11:45 a.m.Routed to the Marketing Lead Qualification team
Nov. 11 Sale closed with Strategic Sales team
$10,500 1-yr Contract
+210 pts.+100 pts. +150 pts. +25 pts. Qualified Closed
Large Agency Principal Example
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Results
More than 20% lift in qualified leads
1% incremental topline growth
Shortened the sales cycle by over a third
DATA & ANALYTICS
Top takeaways
Become buyer-obsessed.
Think big, start small.
Coordinate the promotion/interactions.
Move beyond traditional analytics.
Thank YouKen Wincko@KenWincko