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Marketo modern demand gen techniques
1.
Join the conversation
using #HootConnect #MKTGnation @digijinni
2.
Join the conversation
using #HootConnect #MKTGnation @digijinni Modern Demand Generation Techniques for Boosting Sales
3.
Join the conversation
using #HootConnect Anastasia Pavlova Sr. Director, Marketing Marketo @digijinni #MKTGnation Featuring
4.
Page 4Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Agenda Marketing Challenges1. 2. Key Considerations for Success 3. Programs Examples 4. Measurement & Analytics 5. Sales & Marketing Alignment
5.
Marketing Challenges
6.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 We have a job to do but it’s getting harder
7.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 1. Need more leads and pipeline “I have sooo much pipeline I can just go home!”
8.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 2. Need to do more with less Sales want us to run more field events but we still don’t have Rachel’s backfill…
9.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 3. Marketing and Sales need alignment…but We don’t always see things the same way
10.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 4. ROI on your programs
11.
Considerations for Success
12.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 1 • Closed Won Revenue, $ 2 • Closed Won Deals (#) 3 • Opportunities (#) 4 • Pipeline ($) 5 • Sales Qualified Leads (#) 6 • Marketing Qualified Leads (#) Start with the goals
13.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Broad-Reach Marketing (Inbound) Account-Based Marketing (Outbound) Pick your strategy
14.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Define your revenue model w. stages EARLY STAGE PROGRAMS MID STAGE PROGRAMS LATE STAGE PROGRAMS Goal: Build awareness, attract the right audience, acquire new names Goal: Nurture until sales ready Goal: Help sales close deals. Retain. Grow.
15.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Agree on personas: who are you selling to? Exec. Sponsor Decision Maker Influencer
16.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Segment your audience
17.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Segmentation basics Gender Age Geography Income Job Title Company size Industry Revenue • Engagement • Activity • Non-activity • Stage Demographic/Firmographic Behavioral
18.
Page 18Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Create great content Great Content = Relevant Content + Right Time + Personal
19.
Page 19Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 It’s not just eBooks • Industry reports • Webinars • SlideShare Presentations • Videos • Blog posts • Podcasts • Infographics • Activity Books/Worksheets • Case Studies
20.
Page 20Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Map content to stages End User
21.
Page 21Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Think multi-channel
22.
Program Examples
23.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 EARLY-STAGE ACQUISITION PROGRAMS GOAL: BUILD AWARENESS. ATTRACT. ACQUIRE • SEO (search engine optimization) • PPC (pay per click) • Content syndication • Sponsored emails • Social paid • Event live
24.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Generic advertising is good, but…
25.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 These personalized Ads drove 2x more lead conversions 117% increase yr./yr. in qualified leads Getting personal is better!
26.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Programs drive buyers to your web site
27.
Page 27Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 148% more conversions Personalize their experience Default Personalized for SMB
28.
Page 28Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 ‒ Take personalization beyond email ‒ Personalized experiences yield higher conversions and a better experience ‒ Personalization allows you to optimize ad spend and increase quality of prospects as well as acquire customers faster ‒ Personalization allows you to match content & messages to the stage of the buyers’ journey
29.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Mid-Stage Programs Goal: Engage. Convert.
30.
Lead nurturing is
the process of building effective relationships with prospects throughout their buying journey.
31.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Increase in sales opportunities from nurtured leads versus non-nurtured 98% 123 Days 20% Why nurture: Marketo Data Average Target to Opportunity time New Targets are NOT ready to become an opportunity
32.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Be relevant and personal
33.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Hi, are you ready to buy? Bummer – too much, not relevant
34.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 • Here’s a cool video • Check out this article • See our latest offering • Share this with friends • Here’s what others like! • Download our new book • Happy birthday • Join us at our event • You like X, check out Y • Take this survey • You haven’t bought yet, here’s a 10% discount Ideal: listen, respond, adjust
35.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 How: use tokens to personalize
36.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 • Attends event • Logs into mobile app • Downloads content • Click email • Fills out form • Score is changed • Product interest • Inactivity IT Finance C-level Use triggers to listen and respond
37.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Example: triggered accelerator Goal: Increase conversion for leads who abandoned demo form pages Action: 455 triggered emails sent based on behavior
38.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Example: triggered accelerator Goal: Increase conversion for leads who abandoned demo form pages Action: 455 triggered emails sent; Results: ~$500k in sales pipeline over 4 months
39.
Page 39Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Engagement Programs Priority 1 Interest C-Level ENT Vertical Higher Ed Healthcare Financial Agency Sports C-Level SMB Competitor A B C D E Priority 2 Business Unit B2C* Pending Early Mid Late B2B (SMB) Pending Early Mid Late MM Pending Early Mid Late ENT* Pending Early Mid Late Marketo NOAM prospect nurture
40.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 We created custom audiences in Facebook and Twitter to then serve ads to these audiences in addition to Emails. The CTR on this multi-channel stream was 30-35% higher resulting in a higher lead velocity and higher conversion to MQL and opps Example: multi-channel nurture
41.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Late-Stage Programs Goal: Win Deals Fast. Retain. Grow.
42.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Late stage program examples Late stage content (analyst reports) Demos Webinars Case studies Accelerators Appointment setting Direct mail
43.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Late stage content Results FT Pipeline MT Pipeline Gartner MQ $851,739 $1,111,000
44.
Measurement and Analytics
45.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017
46.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Know what to measure when
47.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 1 • Cost per program 2 • New Names 3 • New Targets 4 • Cost per Target Early 1 • Program success 2 • Call connects 3 • # of meetings 4 • Marketing qualified leads (MQLs) Mid 1 • # of opportunities 2 • First Touch Ratio 3 • Multi Touch Ratio 4 • Pipeline Late Know what to measure when
48.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Quality vs. quantity
49.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Quality vs. quantity
50.
Page 50Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Which channels are best? Which channel is best for fast opportunities? How is investment/opp trending?
51.
Page 51Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 ‒ Consider your audience when discussing metrics that matter ‒ Establish your own benchmarks based on historical performance ‒ Don’t let early stage metrics drive your strategy ‒ Use Analytics to turn Marketing from a cost center to revenue driver
52.
Sales and Marketing
Alignment
53.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Improves Conversion Rates
54.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 I missed my number, dude. I don’t care if you generated 2000 MQLs. There’s no “I” in Team
55.
Page 55Marketo Proprietary
and Confidential | © Marketo, Inc. 7/18/2017 Sales & Marketing alignment: how TRANSPARENCY & COMMUNICATION • QBRs, forecast calls, bi-weekly manager meetings • To Help You Sell Email SALES ENABLEMENT & TRAINING • Outbounding best practices, playbook • Messaging, Sales nurture email, scripts, views • In-person training PROCESSES: PRIORITIZATION & EFFICIENCIES • Investments in data quality • Lead routing optimization INCENTIVES & COMPENSATION ALIGNMENT
56.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Nurture Nurture DisqualifyPass to Sales Pass to Sales Demographic Fit Behavior Right Account Use scoring to prioritize leads, accounts
57.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 Stars and Flames show priority List of Interesting Moments Interesting moment to prioritize leads
58.
Marketo Proprietary and
Confidential | © Marketo, Inc. 7/18/2017 1. The way buyers buy has changed forever – the way we market and sell must change as well 2. Define the stages of the revenue cycle, in alignment with sales 3. Most leads are not “sales ready” – nurture relationships over time 4. Create personalized experiences across channels 5. Use analytics to turn marketing from a cost center into a revenue driver In Summary… @digijinni
59.
Join the conversation
using #HootConnect Anastasia Pavlova Sr. Director, Marketing Marketo @digijinni #MKTGnation Questions
60.
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