Demand & Lead Generation
Marketing is no longer campaign driven; it is a holistic practice that starts with generating demand, nurturing leads and increasing the number of sales-ready leads. Learn how to effectively use marketing automation as well as lead scoring and nurturing to a drive more qualified leads to your sales pipeline.
* Kim Albee, President, Genoo, LLC
Leveraging Automation For Online Marketing Success
1. Online Marketing Summit Minneapolis, MN | June 25, 2010 Leveraging Automation For Success Using Marketing Automation, Lead Scoring, Lead Nurturing to Drive More Qualified Leads To Sales Kim AlbeePresident & FounderGenoo 1
2. 6/25/2010 2 A Few Questions… Do you know who your most responsive leads are? Can you segment your leads based on interest? Can you follow up with a lead based on the interest they’ve expressed? Can you do this for THOUSANDS of leads without increasing your marketing (or Sales) headcount?
3. 6/25/2010 3 A Few Questions… Do you know when a lead is ready for a sales conversation? Can you share the intelligence you’ve captured about your lead with Sales when you pass the lead to them? Can you do all of the above without waiting in the IT or WebDev queue to get your campaigns launched or retrieve your comprehensive lead metrics?
4. 6/25/2010 4 In the next 35 minutes… If you answered, “No”, to any of those questions … we’re going to shine a light on how they are killing your marketing results, And then provide avenues and ideas for how you can fix them.
5. Mapping Sales Funnel to Internet Marketing 1.0 5 Lead Generation Opportunity Mgmt Conversion Traffic Website 1.0 SEO Telemarketing Search Engines According to research by Marketing Sherpa, 70-90% of leads are NEVER followed up on by Sales! The days of tossing leads directly over the wall to Sales are OVER! PPC Sales Banners Sponsorships Contacts Customers eNewsletters Revenue
6. Regular Email “Touches”Status Quo 6/25/2010 6 Lead Generation A Result: List Fatigue Email Marketing Law of diminishing returns “Batch & Blast” The same email goes to everyone B Customers $$
7. Lead “Nurturing”Mandate 6/25/2010 7 Lead Generation Solution: A Segment Leads According to Marketing Sherpa: Open rates 20% higher Click Throughs DOUBLE! As they respond and show interest Delight MORE of them With different messages B Customers $$
8. 6/25/2010 8 Tracking & Metrics are Key! Step 1: Tracking Bob + + + + No Real-time Metrics Email Event / Webinar Registration Website & Analytics Surveys Sales Pulling together the metrics on a lead can be daunting and time-consuming! How many different tools do you use?
9. Comprehensive Tracking! 6/25/2010 9 Integrated Systems Make It Much Easier Bob’s Interest Profile Bob Comprehensive tracking allows automation, and metrics for improvement.
10. 6/25/2010 10 Components of a Campaign Specific Target Audience Offer – value exchange Landing Page (headline, copy, call-to-action) Lead Capture Form Email (from, subject, copy, call-to-action) Ad copy (PPC, banner, etc) Follow-Up Plan/Sequence
11. 6/25/2010 11 Campaign In-Action White Paper Offer Landing Page Lead Capture Form Lead gets white paper (or email to white paper) You get a new lead Could you implement easily? Lead Database
12. 6/25/2010 12 Do You Rely on ITTo Launch Your Campaigns? Are you keeping up with your market dynamics? Can you easily leverage news headlines to give you an entry point into the conversation in your lead’s head? How long do you sit in the IT Queue waiting for changes? Or a new campaign?
13. 6/25/2010 13 Following Up / Nurturing Leads What is the goal of lead nurturing? Keep in touch with leads? The goal of lead nurturing is to separate your “hyper responsive” leads from the “tire kickers” When a lead downloads your free report or white paper, that doesn’t make them qualified. It indicates curiosity at a minimum.
14. 6/25/2010 14 Always Be Segmenting What are the areas of interest for your target audience? Having and maintaining an intimate knowledge and curiosity about your target audience will pay dividends! Identify the interest areas and design campaigns to learn what interests your leads specifically. Provide valuable information and content – targeted right into those interests!
15. 6/25/2010 15 Campaign In-Action (cont) Follow Up Sequences (aka Auto Responders): #1 #2 #3 #4 #5 … A Helpful Tips Free Consult #1 #2 #3 B … Re-frame WP Aspect
16. 6/25/2010 16 Layering In Lead Scoring When dealing with a volume of leads, you want to be able to separate the “wheat from the chaff.” Applying lead scoring can help you understand who are your most active and responsive leads. Keep in mind that lead scoring is always a work in progress. It’s never “done”, and will be adjusted as you apply and learn.
17. 6/25/2010 17 Applying Lead Scoring Landing Page Lead Capture Form Original Offer: White Paper A 4-5 1 1 3 Free Consult Follow Up Sequence: Blog Posts Articles White Paper B 4-14+ 2 5 3 Don’t overlook Participation: Comments Posted Social Sharing 2 1
18. 6/25/2010 18 Lead Scoring Thresholds Length of Buying cycle? What amount of engagement indicates they may be sales-ready? Example: Might be easier to back into the timeframe If you determine that downloading 3 papers (report, eBook, white paper) And clicking through follow-up campaigns 40% of the time (i.e. 4 of 10 emails they click through). As a MINIMUM that would indicate a likelihood of being Sales-Ready. How long, given your timing of sends, will it take for that to occur? It can happen faster – but you want to allow ample opportunity if you’re pulling the leads through the buying cycle.
19. 6/25/2010 19 Working with Sales is Critical Marketers will not be able to determine this in a vacuum. Sales must be involved in identifying the criteria for determining what defines “sales-ready” Use the expertise that Sales has from working on the front-lines converting leads into customers.
20. 6/25/2010 20 Sales Effectiveness Improves Sales knows how to close deals. Giving them increasingly more qualified and sales-ready leads allows them to focus and be more effective. Companies who do this well, can more than DOUBLE their sales effectiveness!
21. Marketing automation can maximize your campaign capacity and flexibility, and greatly improve your results. Comprehensive lead metrics are critical to effective “lead nurturing” campaigns. Design your campaigns so you are ALWAYS segmenting your list. KNOW YOUR TARGET AUDIENCE!!! 6/25/2010 21 In Summary -