Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

55
Optimizing Your Next Demand Generation Campaign - Best Practices Why your current method of ROI tracking is wrong! Will Gibney Vice President eCoast [email protected] 603.516.7430

description

Current VAR paradigm to marketing. New approaches, real life examples. VAR ROI: Customer Lifetime Value.

Transcript of Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Page 1: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Optimizing Your Next Demand GenerationCampaign - Best PracticesWhy your current method of ROI tracking is wrong!

Will GibneyVice President eCoast

[email protected]

Page 2: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

eCoast OverviewSpecializing in scalable, result-based channel demand generation services to the technology industry.

Customer Profiles-Manufacturers & Distributors -National VARS-Regional & Local VARS

Service Offerings-Demand Generation -Pay-for-Performance Appointment Setting -Inbound Marketing -Web Marketing

Technology Specializations--Unified Communications-Network Security -Storage & Virtualization -Managed Services

eCoast FactsYears in Business: 9Employees: 135Location: Rochester, NH30,000 square foot locationFootprint: US/Canada &

EuropeOwnership: Privately Held Number of Calling Agents: 10050+ Manufacturer Certified AgentsApproved Channel Vendor for; HP, Microsoft, Cisco, Avnet, Dell, Motorola, Citrix.

Page 3: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

What are we NOT going to cover!

Page 4: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Will it blend?

Page 5: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Social Media slide (with logos)

Page 6: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

What we are going to cover?

1. Current VAR Paradigm to Marketing 2. New Approaches 3. Real life examples4. VAR ROI: Customer Lifetime Value

Page 7: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

65% of VARsgrow by word-of-mouth.

Page 8: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Everyone wants theGlenn Garryleads that are ready to close

Page 9: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

You’ve all received “bad” leads

Page 10: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

outside sales

What the typical

rep does…

Page 11: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Let past

bad leads cloud their judgment.

Page 12: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

BANT =

Budget, Authority, Need, Timing

Page 13: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Does outboundmarketing still work?

Page 14: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Best Practices for approaching a net new opportunity?

Page 15: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Adjust your Expectations

Page 16: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

AINT = Authority, Interest, Need, Timing

Page 17: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Find the pain

Page 18: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

best prospecting approaches for channel partners today?

What are the

Page 19: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Keep your linein the water.

Page 20: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Page 21: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Actual Closed Deal….

Page 22: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Conversation Lead Notes

Prospect (CFO) explained that there has not been an IT department for over a year andSaid they have a lot of hardware problems and is woefully out of date with updates,Patches and security updates and would like to work with Partner to set up managedservices for the college.

The company received a proposal from Partner in February 2008 for Managed Services and was not able to move forward with Partner. They are now interested inmoving in the forward with the project and would like to re-engage with Partner tosince they have not had contact with them since February 2008.

Pain Statement

The college has no IT Staff and is looking for a Managed solution to maintain their Network and Phone systems to keep them updated and provide maintain them.

Page 23: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Lead Generation orAppointment Setting?

Page 24: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Building Trust doesn’t happenin 2 phonecalls.

Page 25: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

FACE-TO-FACE80% of communicationis non-verbal.

Page 26: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Results-Oriented

Pay-for-Performance

Page 27: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

“All went well today and we have set up another meeting for May 22nd. They are buying in 3-6 months. Thanks for the appointment”

“Jay, I met with Geostrom yesterday. This was by far the most qualified call you have booked. There are multiple opportunities and it sounds like there is budget to spend.” - Axis Solutions

3-TD, Inc. meeting went well. I have a $7K proposal to go over with Mr. Brant next week. Thanks! ” DMB Technologies, LLC.

“Meeting went well with PT Real Estate…it never hurts to fill the pipeline! My contact said very good things about your sales contact person” Corbel Solutions

“Meeting was great, we have a quote in place for phase I at $70K worth of Cisco gear. Phase 2 could be another $50K. We look good!” - Building Better Networks

Page 28: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Let’s look at an Actual Appointment….

Page 29: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

150K Closed Deal

Conversation Lead Notes

Kim said that they have an older Nortel Norstar purchased in 1999 with 75 telephones at 1 location. They have an 8 year old Nortel Norstar Telephone system that has reached its end of life status and is no longer supported. Kim stated that she is interested in reviewing Cisco's UC solution and the Nortel/Miteltrade in promotion.

Action Item Summary

Kim is expecting an on site appointment on Thursday, October 25th at 9:30 AM CST. I sent a confirmation Outlook Appointment Reminder to Kim at

Page 30: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Use Manufacturer’s

Resources.

Page 31: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Deal Registration should be a

VAR’s Best friend.

Page 32: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Real Life Example #1

Page 33: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Engaged in a 8 appointment

campaign

Page 34: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Set a meeting for

Page 35: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Early to the tableon a UC Deal

Page 36: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Building arelationship

Page 37: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Registered thedeal with Cisco

Page 38: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Closed Greenfield UC deal

$200,000

Page 39: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

“We were able to register a deal and utilize Cisco OIP channel pricing which

allowed us to ultimately beat the competition and win the deal.”

-Kyle Hair, Co-owner of Decian

Page 40: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Tracking the ROI

Page 41: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

It’s not the 1st deal that matters…

Page 42: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Or the Size of 1st DEAL

It’s about the Long-term Relationship.

Page 43: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

can lead toLarger ones

Small deals

Page 44: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

What is your Customers Lifetime Value?

Page 45: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Page 46: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Goals were to build their commercial business…

Start generating leads.

Page 47: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Generated lead Closed Cisco ASA Router valued @ 10K.

Page 48: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Started building arelationship

Page 49: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

We currently have outstanding relationships from the CIO down to the Network manager.

Page 50: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

“Since the original lead which was a simple security lead (ASA) with have provided engineering services worth $30,000 and most recently closed an UC opportunity worth $375,000 and an infrastructure and Cabling opportunity for $105,000.”

Page 51: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Force 3 Video Testimonial

Page 52: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Take Aways1. Old Techniques don’t work 2. Change your approach/paradigm 3. Are you staying aggressive? 4. What is your Customer Lifetime Value?

Page 53: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Calculate your Customer Lifetime Value:

http://hbswk.hbs.edu/archive/1436.html

Page 54: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

What’s next? Pre-Campaign ROI Calculator: http://www.ecoastsales.com/demand/roi.cfm

Free List Preview: www.ecoastlists.com

Force 3 Video Case Study: http://www.youtube.com/watch?v=PkEOjMJBbNQ

VAR Marketing Blog: http://varmarketing.ecoastsales.com

Web: www.ecoastsales.com

Twitter: @eCoastWillyG

Will it Blend? Videos: http://www.youtube.com/user/Blendtec

Book: The Trusted Advisor, David Maister

Contact Will: [email protected], 603.516.7430

Page 55: Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09

Next Webinar: Social Media Marketing for the Channel – Part 2

Tuesday, September 15, 1pm ESTRegister at the eCoast home page: ecoastsales.com

• Recap of the top Social Media options

• Managing your Social Media strategy

• Converting Social Media Marketing into leads

• Giveaway another Flip Video Camera!