marketing as a growth engine - kishore badami
TRANSCRIPT
Marketing as a Growth Engine
Nand Kishore BadamiChief Marketing Officer, Cisco India & SAARC
The Buying Process Has Changed …
Self-Initiated
90%of customers initiate the first step in the buying cycle & 72% want an integrated marketing approach
Starts Online
11The number of times a customer will “touch” a vendor before making a purchase
Sustained & Personalized
90 days Post-purchase to create loyalty to a solution
50% of consumers will collect, track and barter their personal data for cost savings, convenience and customization
Sources:Engagement booster: Content published on 2 or 3 channels had a 24% increase in engagement – Michael LewisComputer driven: 72% of customers want an integrated marketing approach – E-tailing Group (June 2011)
Follow the Customer JourneyThe Future is NO TOUCH
happy customers
Source: Totango Inc.
Global Demand Center
Contact Data
Use AUTOMATION to Engage Right Contact, At the Right Time,
In the Right Way
Use ANALYTICS to Know the Customer Real Time
Use DIGITAL CONTENT to Motivate Action
• Global Demand Center Persona Work
• Content Marketing Engine• Social Specialists
SMO
Marketing Opportunities Based on Customer Lifecycle
Acquisition
• Captures net new decision makers within an existing customer,
• Net new greenfield customers
• Competitive market share for new products or services
Cross-Sell
• Offers additional products, services or solutions to a specific decision maker within a company that has already purchased products/solutions/services
Migration / Upsell
• Targets installed base with offers to upgrade to a newer or advanced version of a product/service
Role of Marketing is Changing
At Cisco, the focus now is on revenue marketing.
• Repeatable, Predictable, Scalable
• Marketing aligned tightly with Sales, with Revenue Marketing forecast
• Mutually set pipeline with lead rating and scoring
• Revenue-based measures:● % and $ contribution to revenue
● Best-in-class pipeline conversion
Revenue Marketing:Directly Impacts Sales Growth
Revenue Marketing:Directly Impacts Sales Growth
Revenue Marketing moves Marketing from being a Cost Center to a Revenue Center:
oFor you as partners it means:
• Not only creating demand, but also accelerating the time to revenue.
• Not only producing leads, but also doing a great job of converting them.
• Not only producing events that customers love, but also tracking how the event moved them along in their buying process.
• Not simply executing campaigns, but first developing campaigns, programs and plays that are in line with the sales forecast, and are right for the marketplace.
How many feel like you’re already doing this well?
At Cisco, this is our goal. We are on the journey…
Revenue Marketing with YOU
Engage Educate EnticeProspects with
High Engagement Scores
Acquisition & Nurturing
Cisco.comNewslettersDirect Mails
Events & Webinars
Digital/ Social Print
Advertising
Intelligent targeting & programmatic communications via:
FY14 & FY15 Commercial Achievement
FY14 SQL : US $ 55.31 Mn (198% over the target of US$28 Mn) FY14 Bookings : US $ 10.4 Mn (173% over the target of US$6 Mn).FY14 Small Business Booking : US $ 13.77 Mn (POS). Partner Promotion 2 Programs under Velocity* : US$ 21.15 Mn (POS) and US$ 25.1 Mil.
Total FY15 SQL (Q1+Q2) across all EU’s* : $ 20.5 Mn
The distribution business grew 44% year on year (through the aforesaid Disti Marketing DG initiatives).
Total Booking in FY15 Q1+Q2 : $ 3.4 Mn
IoE and
Industries
Collaboration
Data Center + UCS
SP Network SP Video
ENT Network
Services, Partner and Capital
Security
Cloud MobilityServices, Partner and Capital
IoE and Industries (1)
Market Industry Trends (4)
Foundational (5)
LOB buyers and CxO Business value positioning Features both hardened IoE and IoT solutions Includes vertical positioning work for industry
use cases to pull through products and services
CxO and Technology Buying Centers Business value + market strategy Cross-segment portfolio and messaging Pull through the full portfolio
Technology Buying Centers Portfolio positioning Feature product, services, and solutions
Connecting People, Process, Data (Data Platform) and Things (IoT)
Multi-Segment, Disruptive, Cross-Tech Trends Aligned to Cisco Priorities
Best in Class Products, Services and Solutions
FY15 Marketing and Communications PrioritiesWe will execute 10 prioritized integrated campaigns to drive growth
SDAENT ACI
SP ESP
ENT SP
Promotions and Incentives for YOU
Distributors and Tier 2 partners can take advantage of many promotions to drive sales and improve profitability.
Market Awareness
Product Promotions
Partner Rewards
Sales Challenge
World Cup Challenge Australia 2015
Summary & Call to Action
• We have a team to support you with Marketing as a Service
• Together, we can find budgets through JMF, Virtual wallet, Big Bet, Launches & Other funds to help you do revenue Marketing.
• Engage with us more & grow your revenues.
Thank You