Why You’re Doing It Wrong - · PDF fileEmail Marketing in an Inbound Age ... The New...

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Why You’re Doing It Wrong: Email Marketing in an Inbound Age Ellie Mirman Head of Marketing, Small & Mid-Sized Business Segment HubSpot

Transcript of Why You’re Doing It Wrong - · PDF fileEmail Marketing in an Inbound Age ... The New...

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Why You’re Doing It Wrong:

Email Marketing in an Inbound Age

Ellie Mirman

Head of Marketing, Small & Mid-Sized Business Segment

HubSpot

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Session Speaker

2

Ellie Mirman

Head of SMB Marketing

HubSpot

Ellie Mirman is the Head of Small and Mid-Sized Business (SMB) Marketing at HubSpot, a marketing software company based in Cambridge, MA. She specializes in lead generation, email marketing, product marketing, and marketing analytics. She has experience launching new lead generation channels, including HubSpot’s email marketing program, growing it into the company’s largest lead generation channel, as well as HubSpot’s webinar series, attracting thousands of attendees to each event. She also led the product team’s customer research efforts and loves to work at the intersection of Marketing, Sales, and Product.

Black & White Headshot

@ellieeille

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Agenda

1. Is Email Marketing Inbound or Outbound?

2. You’re Doing It Wrong: Recipients

3. You’re Doing It Wrong: Content

4. 7 Emails More Important Than Your Newsletter

5. You’re Doing It Wrong: Tests

6. Don’t Stop at Email

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Is Email Marketing Inbound or Outbound? 1

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Marketing is changing has changed

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The Traditional Marketing Playbook

Print TV Radio PR Events Direct Mail Analytics

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7

86% skip TV ads

91% unsubscribe

200m Say DO NOT CALL

44% of direct mail is never opened

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The New Marketing Playbook

SEO Social Media Blogging Email Marketing Lead Nurturing Social CRM Landing Pages Marketing Automation Marketing Analytics

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Times Have Changed

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1990 Sales Demo

Please tell me about your product.

You have my undivided attention.

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2013 Sales Demo

Anyone use Company XYZ? What’s it like?

Does their blog make them look smart?

Is there a demo video from an actual user?

Search “Reviews for Company XYZ”

Do they have a mobile app?

Do I know anyone who works there?

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3 Reasons to Go Inbound

1. Move with the change

2. Save money

3. Think long term

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Move with the change

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Save money

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Inbound Consistently Yields Lower Cost Leads

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89% maintaining or increasing inbound budgets

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Increases Driven by Past Success; Decreases Driven by the Economy

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Think long term

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Inbound Builds Assets

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We’ve seen it

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Top 30 Blog

264k followers

443k likes

22k followers

60k new leads/month

8k customers

CAMPAIGN A

CAMPAIGN B

JIM

RICK

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2006 2007 2008 2009 2010 2011 2012

Success with Inbound Marketing

8500 HubSpot Customers

5961

3855

1150 317 48 3

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What is Inbound Email?

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Outbound Email

+

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Inbound Email

+

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You’re Doing It Wrong: Recipients 2

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Purchased/Rented Lists

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• Reputable email service providers don’t allow it

• There’s no such thing as a good list for sale

• They don’t know you and don’t want your email

• Your deliverability and IP reputation will be harmed

Every time you email a cold list…

PRETEND A KITTEN DIES.

Purchased/Rented Lists

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Do It Right: Build Opt-In List

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Do It Right: Build Opt-In List

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Do It Right: Build Opt-In List

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Make it EASY

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Make it EASY

58%

WHERE to sign up

WHY sign up

WHAT you’ll get

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Email Blast to the Your Database

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Do It Right: Segment Your List

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Do It Right: Segment Your List

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• Geography

• Age

• Gender

• Persona

• Organization type

• Organization size

• Industry

• Job function

• Seniority

• Past purchases

• Frequency of purchase or visit

• Purchase cycle

• Content topic

• Content format

• Interest level

• Education level

• Change in behavior

• Lifecycle stage

• Email type

• Satisfaction index

• Form abandonment

• Social media activity

• Number of conversions

• Current products

What to Segment On

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Marketing Automation = Expiration

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Your List Expires at ~25% / Year

Year 1 Year 2 Year 3

50K 21K

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Attention Expires Too

40

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500 Leads

50K list 4% CTR

25% Conversion

Marketing Automation Expiration

42 Leads 21K list 1% CTR

20% Conv

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Do It Right: Fill the Top of the Funnel

Blogging

SEO

Social Media

Content

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You’re Doing It Wrong: Content 3

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Focusing on You, Not the Subscriber

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Wordsmithing Every Word

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Do It Right: Create Killer Content

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Do It Right: Think About Your Personas

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60% Average landing page conversion rate

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73% Conversion Rate

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7 Emails More Important Than Your Newsletter 4

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1.) New Offer Email

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2.) Thank You Email

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Thank You Emails Get Twice the Response

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3.) New Subscriber Nurturing

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4.) Abandonment Nurturing

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Abandonment Nurturing

90% of ecommerce leads go cold within one hour,

but when remarketed to, spend 50% more. - MIT Study via SeeWhy

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Not Just for B2C

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5.) Comarketing Email

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6.) Social Media Updates

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7.) Internal Updates

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You’re Doing It Wrong: Tests 5

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NOT Testing

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Testing Brings Consistent, Immediate Results

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Obsessing About Subject Lines

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• Offer •Topic

•Format

•Length/Size

•Name

• Landing Page •Description

•Length

• Image/Preview

•Form Placement

•Number of Form Fields

•Which Form Fields

•Form “Submit” Button Text

• Sender Name/Address •Consistent vs. Changing

•Person vs. Company

•Category-Related Name

• Audience • Interest

•Persona

•Recency or Level of Engagement

•Other Demographics

•Lifecycle Stage

• Format •Plain Text vs. HTML

•Content in Text vs. Images

•Number of Calls to Action

•Length of Email

• Timing & Frequency •Day of Week

•Time of Day

•Triggered by Behavior

•Timing Around Event

•Frequency

Do It Right: Test Everything, Test Often

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Do It Right: Focus on Metrics that Matter

Open Rate

Click Through Rate

Landing Page Conversion Rate

Close Rate

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Don’t Stop at Email 6

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Only Optimizing Email

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Do It Right: Personalize All Channels

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Do It Right: Integrate Email

• Email + Social = Expand Reach of Content & Build Following

• Email + Blog = Create Campaign Around Offer

• Email + Nurturing = Increase Yield of Email Leads

• Email + Search = Optimize Email Content for Search Traffic

• Email + Analytics = Measure Results & Segment Better

• Email + Mobile = Optimize Content for Device

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Do It Right

1. Build an Opt-In List

2. Segment Your List

3. Fill the Top of the Funnel

4. Create Killer Content

5. Think About Your Personas

6. Think Beyond Your Newsletter

7. Test Everything, Test Often

8. Focus on Metrics that Matter

9. Personalize All Channels

10. Integrate Email

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Thank You

Ellie Mirman

Head of SMB Marketing

HubSpot

[email protected]

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