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Marketing Automation
Nurturing, Prioritizing, and Recycling
Leads to Convert More Leads into
Revenue
Marketing automation is the technology that allows
companies to streamline, automate, and measure marketing
tasks and workflows so they can increase operational efficiency
and grow revenue faster

© 2013 Televerde, LLC
Executive Summary
• The B2B Buyer has changed: need to proactively engage around educational topics
• Leads need to be nurtured until they are
sales-ready

• Sales & Marketing need to be aligned
more closely, creating a seamless buying
process
• There is an opportunity to turn marketing
into a revenue driver rather than a
cost center
• Marketing automation provides a
dramatic ROI: many benefits, low risk,
modest investment
© 2013 Televerde, LLC

“Companies that excel at
lead nurturing generate
50% more sales ready leads
at a 33% lower cost”
The Changing B2B Buyer
• Buyers are seeking and finding more
information on their own—they’re in
control

• There is an information abundance and we
have to be heard through the noise
• To drive revenue, marketers must become
more adept at identifying sales-ready leads
and nurturing the remainder
• Companies need to interact with prospects
early in the sales process, by providing
relevant information in the early stages of
the buying process

© 2013 Televerde, LLC

A recent report from
Forrester found:
“Buyers seek out 3
pieces of content
about a vendor for
every 1 piece sent by a
marketer, and for
every 1 piece sent from
sales”
Changing Role
• Buyers control their journey through the buying
cycle; as much as 70% of decision is made before
buyer engages with seller.
• This buyer dynamic changes the role of B2B
marketing in a fundamental way. Marketing now
owns a much bigger piece of the lead-to-revenue
cycle. And B2B marketers must take responsibility
for engaging with the customer through most of the
buying cycle.

© 2013 Televerde, LLC
The Leaky Funnel
• Poorly defined customer
segments
• Flawed lead qualification
standards
• Slow or no follow-up from
sales
• Lack of process
• No sales and marketing
alignment

© 2013 Televerde, LLC
Plugging the Leak
• Identify our buyer and understand the buying journey

• Map sales and marketing practices to the buying journey
• Use marketing automation integrated with CRM to deliver
the right content to our buyer at the right time
• Create lead scoring and nurturing programs that enable us
to hand off warmer leads to sales
• Measure and adapt based on testing

© 2013 Televerde, LLC
Increase Productivity With Automation

• Run more campaigns without
expanding the marketing team
• Create more consistent email
follow-up
• Example: automate event
campaigns, including invitations,
reminders, follow-up and reporting.

© 2013 Televerde, LLC
More Qualified Leads with Lead Nurturing

Goal: Increase the number of sales
opportunities
& deal size and reduce cost per qualified lead

• “79% of marketing leads never
convert into sales. Lack of nurturing
is the common cause of this poor
performance”—MarketingSherpa
• “Done right, lead nurturing can result
in 50% more sales qualified leads at a
33% lower cost”—Marketo Email
Benchmark
© 2013 Televerde, LLC

“Nurtured leads
produce, on average,
a 20% increase in
sales opportunities
versus non-nurtured
leads”
The Value of Lead Nurturing
Lead Nurturing helps turn more inquiries into
qualified leads and decreases cost per qualified lead

Conversion:
Inquiry to
Qualified Lead

Cost per
Inquiry

Cost per
Qualified Lead

Without
Nurturing

27%

$50

$206

With
Nurturing

40%

$50

$137.50

Source: actual data from software vendor

© 2013 Televerde, LLC
Value of Lead Nurturing

© 2013 Televerde, LLC
Increase Sales Effectiveness

Improved Lead Quality =
Increased Sales Productivity

• Prioritize leads based on quality and
urgency
• Let sales send leads back to
marketing for further nurturing,
preventing leads that just "sit"
somewhere
• Provide comprehensive lead activity
history for sales
© 2013 Televerde, LLC

“46% of marketers
with mature lead
management
processes have sales
teams that follow up
on more than 75% of
marketing-generated
leads”.
The Value of Lead Scoring
With good info on lead prioritization, reps spend
more time selling and less time qualifying

© 2013 Televerde, LLC
Turn Marketing Into a Revenue Driver

Show that marketing is a revenue
driver, not a cost center.

• Optimize ROI
• Improve marketing's accountability
by proving marketing’s impact on
revenue
• Improve Revenue Performance:
– Conversion rates
– Time in a particular stage
(velocity)
© 2013 Televerde, LLC
The Value of Marketing Automation

© 2013 Televerde, LLC
Digital Body Language

© 2013 Televerde, LLC
The “Job” of Content

“Today, B2B marketers must decode their buyers’
digital body language to understand their roles,
information needs, timing and buying intentions of
their largely faceless and elusive target market.”
Steven Woods
Digital Body Language

© 2013 Televerde, LLC
The “Job” of Content

“Re-orient your marketing thinking to guide prospects
through their education and discovery process by
understanding and presenting the exact information
they need at each step.”
Steven Woods
Digital Body Language

© 2013 Televerde, LLC
Marketing Automation ROI
Investment in Marketing Automation pays itself back quickly

Most mature users of marketing automation achieve 32% greater
revenue versus their plan than average companies – and 79%
© companies.
more than the least mature2013 Televerde, LLC
Examples Improving Lead Nurturing

What Do You Have In Place?:
• Monthly Email Newsletter
• Generic content (whitepapers, webinars,
blog posts)
To Implement:
• Drip email campaigns
• Content based on buyer profile and buying
stage
• Automation of marketing campaigns
(including Trigger-based nurturing)
• Integration of lead nurturing with CRM
data and CRM activity
• A/B Testing
• Using social data
© 2013 Televerde, LLC

Steps to Take to
Improve Lead
Nurturing
Improving Sales Productivity
In Place:
• Automatically assign new leads to sales
people
To Implement:
• Lead Scoring based on profile and activity
• Prioritized lead list for sales
• Lead Activity Monitoring with real-time
alerts
• Lead activity history in CRM system (email
clicks, web visits, registrations)

© 2013 Televerde, LLC

Steps to Improve
Sales Productivity
Improving Sales & Marketing Analytics
Steps to Improve
Insight into Sales
and Marketing
Effectiveness

In Place:
• Reporting on lead volume
To Implement:
• Lead conversion rates
• Pipeline velocity (how fast leads flow
through the funnel)
• Percentage of the pipeline that is
Marketing-sourced
• Percentage of the pipeline that is
Marketing-influenced

© 2013 Televerde, LLC
12 Demand Management Competencies
GTM Goals,
Strategies, Plans

1.

GTM Strategy & Goals: Direct,
channel, Target Account Mkting (ABM)

2. Strategic: Marketing, demand
management, content (including deep
customer insights)
3. Data and Database (what to collect)
4. Website: Microsites & Landing Pages
5. Inbound and Social Media and other
Lead Generation
6. Automated Lead Management:
Campaign design and execution

Tele-touch

7.

Tele-touch (qualify and nurture)

8. Sales and Marketing Alignment &
Integration

9. Content (fuel)
10. Metrics, Reporting and Analytics
(predictive)
11. Program and Operations Mgt.
12. Technology & Tools
Summary
Marketing automation benefits
•
•
•
•
•
•
•
•
•

More innovation
Greater scalability
Enhanced targeting
Increase conversion
Increase marketing productivity
Improve lead nurturing
Increase sales effectiveness
More visibility into key analytics
Turn marketing into a revenue driver

© 2013 Televerde, LLC
For more info…
Bryan Ehrenfreund
VP of Digital Strategies
bryan.ehrenfreund@televede.com

Direct: +1 480.303.7078
Twitter: @ehrenfreund

www.televerde.com
blog.televerde.com

© 2013 Televerde, LLC

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Convert More Leads with Marketing Automation

  • 1. Marketing Automation Nurturing, Prioritizing, and Recycling Leads to Convert More Leads into Revenue Marketing automation is the technology that allows companies to streamline, automate, and measure marketing tasks and workflows so they can increase operational efficiency and grow revenue faster © 2013 Televerde, LLC
  • 2. Executive Summary • The B2B Buyer has changed: need to proactively engage around educational topics • Leads need to be nurtured until they are sales-ready • Sales & Marketing need to be aligned more closely, creating a seamless buying process • There is an opportunity to turn marketing into a revenue driver rather than a cost center • Marketing automation provides a dramatic ROI: many benefits, low risk, modest investment © 2013 Televerde, LLC “Companies that excel at lead nurturing generate 50% more sales ready leads at a 33% lower cost”
  • 3. The Changing B2B Buyer • Buyers are seeking and finding more information on their own—they’re in control • There is an information abundance and we have to be heard through the noise • To drive revenue, marketers must become more adept at identifying sales-ready leads and nurturing the remainder • Companies need to interact with prospects early in the sales process, by providing relevant information in the early stages of the buying process © 2013 Televerde, LLC A recent report from Forrester found: “Buyers seek out 3 pieces of content about a vendor for every 1 piece sent by a marketer, and for every 1 piece sent from sales”
  • 4. Changing Role • Buyers control their journey through the buying cycle; as much as 70% of decision is made before buyer engages with seller. • This buyer dynamic changes the role of B2B marketing in a fundamental way. Marketing now owns a much bigger piece of the lead-to-revenue cycle. And B2B marketers must take responsibility for engaging with the customer through most of the buying cycle. © 2013 Televerde, LLC
  • 5. The Leaky Funnel • Poorly defined customer segments • Flawed lead qualification standards • Slow or no follow-up from sales • Lack of process • No sales and marketing alignment © 2013 Televerde, LLC
  • 6. Plugging the Leak • Identify our buyer and understand the buying journey • Map sales and marketing practices to the buying journey • Use marketing automation integrated with CRM to deliver the right content to our buyer at the right time • Create lead scoring and nurturing programs that enable us to hand off warmer leads to sales • Measure and adapt based on testing © 2013 Televerde, LLC
  • 7. Increase Productivity With Automation • Run more campaigns without expanding the marketing team • Create more consistent email follow-up • Example: automate event campaigns, including invitations, reminders, follow-up and reporting. © 2013 Televerde, LLC
  • 8. More Qualified Leads with Lead Nurturing Goal: Increase the number of sales opportunities & deal size and reduce cost per qualified lead • “79% of marketing leads never convert into sales. Lack of nurturing is the common cause of this poor performance”—MarketingSherpa • “Done right, lead nurturing can result in 50% more sales qualified leads at a 33% lower cost”—Marketo Email Benchmark © 2013 Televerde, LLC “Nurtured leads produce, on average, a 20% increase in sales opportunities versus non-nurtured leads”
  • 9. The Value of Lead Nurturing Lead Nurturing helps turn more inquiries into qualified leads and decreases cost per qualified lead Conversion: Inquiry to Qualified Lead Cost per Inquiry Cost per Qualified Lead Without Nurturing 27% $50 $206 With Nurturing 40% $50 $137.50 Source: actual data from software vendor © 2013 Televerde, LLC
  • 10. Value of Lead Nurturing © 2013 Televerde, LLC
  • 11. Increase Sales Effectiveness Improved Lead Quality = Increased Sales Productivity • Prioritize leads based on quality and urgency • Let sales send leads back to marketing for further nurturing, preventing leads that just "sit" somewhere • Provide comprehensive lead activity history for sales © 2013 Televerde, LLC “46% of marketers with mature lead management processes have sales teams that follow up on more than 75% of marketing-generated leads”.
  • 12. The Value of Lead Scoring With good info on lead prioritization, reps spend more time selling and less time qualifying © 2013 Televerde, LLC
  • 13. Turn Marketing Into a Revenue Driver Show that marketing is a revenue driver, not a cost center. • Optimize ROI • Improve marketing's accountability by proving marketing’s impact on revenue • Improve Revenue Performance: – Conversion rates – Time in a particular stage (velocity) © 2013 Televerde, LLC
  • 14. The Value of Marketing Automation © 2013 Televerde, LLC
  • 15. Digital Body Language © 2013 Televerde, LLC
  • 16. The “Job” of Content “Today, B2B marketers must decode their buyers’ digital body language to understand their roles, information needs, timing and buying intentions of their largely faceless and elusive target market.” Steven Woods Digital Body Language © 2013 Televerde, LLC
  • 17. The “Job” of Content “Re-orient your marketing thinking to guide prospects through their education and discovery process by understanding and presenting the exact information they need at each step.” Steven Woods Digital Body Language © 2013 Televerde, LLC
  • 18. Marketing Automation ROI Investment in Marketing Automation pays itself back quickly Most mature users of marketing automation achieve 32% greater revenue versus their plan than average companies – and 79% © companies. more than the least mature2013 Televerde, LLC
  • 19. Examples Improving Lead Nurturing What Do You Have In Place?: • Monthly Email Newsletter • Generic content (whitepapers, webinars, blog posts) To Implement: • Drip email campaigns • Content based on buyer profile and buying stage • Automation of marketing campaigns (including Trigger-based nurturing) • Integration of lead nurturing with CRM data and CRM activity • A/B Testing • Using social data © 2013 Televerde, LLC Steps to Take to Improve Lead Nurturing
  • 20. Improving Sales Productivity In Place: • Automatically assign new leads to sales people To Implement: • Lead Scoring based on profile and activity • Prioritized lead list for sales • Lead Activity Monitoring with real-time alerts • Lead activity history in CRM system (email clicks, web visits, registrations) © 2013 Televerde, LLC Steps to Improve Sales Productivity
  • 21. Improving Sales & Marketing Analytics Steps to Improve Insight into Sales and Marketing Effectiveness In Place: • Reporting on lead volume To Implement: • Lead conversion rates • Pipeline velocity (how fast leads flow through the funnel) • Percentage of the pipeline that is Marketing-sourced • Percentage of the pipeline that is Marketing-influenced © 2013 Televerde, LLC
  • 22. 12 Demand Management Competencies GTM Goals, Strategies, Plans 1. GTM Strategy & Goals: Direct, channel, Target Account Mkting (ABM) 2. Strategic: Marketing, demand management, content (including deep customer insights) 3. Data and Database (what to collect) 4. Website: Microsites & Landing Pages 5. Inbound and Social Media and other Lead Generation 6. Automated Lead Management: Campaign design and execution Tele-touch 7. Tele-touch (qualify and nurture) 8. Sales and Marketing Alignment & Integration 9. Content (fuel) 10. Metrics, Reporting and Analytics (predictive) 11. Program and Operations Mgt. 12. Technology & Tools
  • 23. Summary Marketing automation benefits • • • • • • • • • More innovation Greater scalability Enhanced targeting Increase conversion Increase marketing productivity Improve lead nurturing Increase sales effectiveness More visibility into key analytics Turn marketing into a revenue driver © 2013 Televerde, LLC
  • 24. For more info… Bryan Ehrenfreund VP of Digital Strategies bryan.ehrenfreund@televede.com Direct: +1 480.303.7078 Twitter: @ehrenfreund www.televerde.com blog.televerde.com © 2013 Televerde, LLC