The Path To A Killer Online Marketing Strategy
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Transcript of The Path To A Killer Online Marketing Strategy
The Path To A Killer Online Marketing Strategy
© 2012 Marketo, Inc.
Jon Miller, VP Marketing and Co-FounderExecutive Editor of Modern B2B Marketing blog@jonmiller
#RevEngine© 2012 Marketo, Inc. Marketo Proprietary and Confidential
INFORMATION SCARCITY
WE USED TO LIVE IN A WORLD OF
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ABUNDANCEINFORMATION
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#RevEngine© 2012 Marketo, Inc. Marketo Proprietary and Confidential
#RevEngine© 2012 Marketo, Inc. Marketo Proprietary and Confidential
Brand awareness
Brand preference
Risk reduction
Blogs Definitive GuidesResource Center VideoWebinars
Content Marketing for Brand & Like
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Visual Content Helps Stand Out
145,000 views
17,000 views
Word
s
Visual
eBook Interactive Infographic
Hits and Long-Tail Content
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Research data, funny videos, curated lists, infographics, thought leadership
Types of Content
NO
YES
MOSTLYNO
Thought leadership and entertainment to build brand and awareness
Tools that help buyers find you when they are looking for solutions
Company-specific information to help evaluate and reaffirm selection
Buying guides, RFP templates, ROI calculators, whitepapers, analyst reports, webinars
Pricing, demos, services information, 3rd party reviews, customer case studies
Gated?Early Stage
Middle Stage
Late Stage
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Problems With Self-Submitted Data
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Short Forms Outperform Long Forms
Short (5)Conversion: 13.4%Cost per: $31.24
Medium (7)Conversion: 12.0%Cost per: $34.94
Long (9)Conversion: 10.0%Cost per: $41.90
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Test, But Don’t Over Test!
www.marketo.com/calculator
Number of Tests
T = number of tests
W = weeks for test R = responses /
conversions per day
Social MarketingPaid and Organic
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PageManagement
Social Engagement
Social Marketing in Context
Social Listening
Social Enterprise
Social Campaigns
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Twitter Promoted Tweets
• Combination of search & timeline campaigns
• $109k invested• 2,995 Prospects• $ per Prospect: $37• $290k pipeline to date
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Facebook and EdgeRank• Time Decay• Weight• Affinity
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Facebook Timeline Campaigns
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Facebook Display Advertising
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Slideshare
• $5k invested• 2,765 names• 57 new prospects• $ per Prospect: $94• $148k pipeline to date
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Definitely• Build a Company Page and Drive Followers• Participate in Groups• Share Status Updates and Links• Answer Questions
Consider• Paid Advertising with Amazing Targeting
• Marketo’s initial ROI not attractive
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Also
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ROI On Social Advertising: Tale of Two Types
• Facebook and LinkedIn display ads not effective (yet)• Twitter drove many Prospects, especially early on, but
slow to convert to Lead• Facebook memes are working great (but still new)• Slideshare great for acceleration (not lead gen), but
smallerSource: Marketo Revenue Cycle Analytics
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Company to Buyer: 33% Trust
Source: Nielsen Research 2011
Online Ads
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Buyer to Buyer: 92% TrustSource: Nielsen Research 2011
More relevance!
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Currency &
Triggered &
Trackable
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Test & Tune With Social Funnel Metrics
Test and
Optimize
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Marketo
“Klout”
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Re
ach
& E
ng
age
me
nt
Soci
al Li
ft
Soci
al Li
ft
Soci
al Li
ft
Soci
al Li
ft
Soci
al Li
ft
Landing Pages
Website Facebook Pages
Online Ads Email
Soci
al Li
ft
Events
Making Every Campaign Social
Other Lead Generation
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Marketo Prospect Generation: Last 12 Months
Source Prospects Invest-ment % Lead 12 mo Velocity (Days) Lead to Opp Index3rd Party Email Blast 19,039 $43 30% 147 0.2Trade Show 12,619 $53 29% 153 1.0Virtual Trade Show 4,120 $40 32% 213 0.8Paid Webinar 3,849 $63 36% 156 0.4Pay-Per-Click (PPC) 2,999 $171 48% 88 0.8Content Syndication 2,302 $126 40% 178 0.2AppExchange 1,306 $26 80% 26 0.9Website/Inbound 3,352 57% 75 2.8Referral / WOM 179 36% 158 10.9Sales Prospecting 440 28% 108 3.6
Source: Marketo Revenue Cycle Analytics, 12 months ending 30 April 2012
Middle of the Funnel
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But who is dancing?AT THE DANCE
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Processes at scale
@JonMiller
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Lead Nurturing Relevance
1. BUYING STAGES• Early (Pre-MQL)• Mid (MQL)• Late (Opportunity)• Customer
2. PERSONA• Molly Marketer• Sam Sales• Jack Executive
Get The “Definitive Guide to Lead Nurturing”http://bit.ly/DGtoLN
3. DYNAMIC CUSTOMIZATION• Industry Wrappers• Size Specific Examples• Localization
4-1-1 cadence for
content
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A Framework for Lead Scoring
ExplicitWhat the prospect tells you
InferredWhat you observe or infer
FitAre you inter-ested in them?
Positive + Negative Factors
• Demographics (title)• Firmographics (size)
• Data append• Data quality• Corporate email• Geo Location
InterestAre they inter-ested in you?
• BANT• Behaviors (engagement)• Social activity• “Act Now” behaviors
Get The “Definitive Guide to Lead Scoring”http://bit.ly/DGtoLS
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Prioritizing Sales Time
• Free Trial form• Contact Me form• Visited the detailed
pricing pageAct N
ow
𝐒𝐨𝐫𝐭=𝑩𝒆𝒉𝒂𝒗𝒊𝒐𝒓 +(𝑵𝒆𝒕 𝑫𝒆𝒎𝒐𝒈𝒓𝒂𝒑𝒉𝒊𝒄 )× 𝑩𝒆𝒉𝒂𝒗𝒊𝒐𝒓𝟏𝟎
• Viewed weekly live demo• Viewed deep dive demo • Viewed demo on AppExchange• Request live demo
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Stars and Flames show priority
Full list of Interesting Moments
Measuring Online Marketing’s Impact on Revenue
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Why Measuring Programs is Hard
• Multiple touches. Seven touches needed to convert a cold lead into a sale
• Multiple influencers. Typical buying committee has 5-21 people
• Tyranny of time. The money you invest today will have an uncertain impact at an uncertain point in the future
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Track All Touches Across People
Screenshot: Marketo Revenue Cycle Analytics
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Example: Multi-Touch Attribution
Screenshot: Marketo Revenue Cycle Analytics
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More Key Takeaways
1. Optimize Facebook EdgeRank to nurture relationships socially
2. Authentic social interaction drives more ROI than paid ads
3. Leverage “peer-to-peer” influence to give every campaign a social boost
4. Most leads are not “ready-to-dance” – nurture relationships over time
5. To measure ROI of social, you need to track all interactions with an account
@jonmiller
#RevEngine© 2012 Marketo, Inc. Marketo Proprietary and Confidential
Additional Resources
The Definitive Guide to Social Marketinghttp://bit.ly/DGtoSM
The Definitive Guide to Marketing Metrics & ROIhttp://bit.ly/DG2MM
Personalized Benchmark on Email Marketinghttp://www.marketo.com/benchmark