the path to a killer online marketing strategy

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The Path To A Killer Online Marketing Strategy © 2012 Marketo, Inc. Jon Miller, VP Marketing and Co-Founder Executive Editor of Modern B2B Marketing blog @jonmiller

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Page 1: The Path to a Killer Online Marketing Strategy

The Path To A Killer Online Marketing Strategy

© 2012 Marketo, Inc.

Jon Miller, VP Marketing and Co-FounderExecutive Editor of Modern B2B Marketing blog@jonmiller

Page 2: The Path to a Killer Online Marketing Strategy

Jon MillerSubscribe to blog.marketo.com

@jonmiller

1. Born in Ethiopia2. Can dislocate my thumbs at will3. Studied Physics at Harvard4. My first child was born the same month

that we incorporated Marketo

Page 3: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

INFORMATION SCARCITY

WE USED TO LIVE IN A WORLD OF

Page 4: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

ABUNDANCEINFORMATION

Page 5: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Page 6: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

One Way to Reduce Whisk

#groan

Page 7: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Research data, funny videos, curated lists, infographics, thought leadership

Types of Content

Thought leadership and entertainment to build brand and awareness

Tools that help buyers find you when they are looking for solutions

Company-specific information to help evaluate and reaffirm selection

Buying guides, RFP templates, ROI calculators, whitepapers, analyst reports, webinars

Pricing, demos, services information, 3rd party reviews, customer case studies

Early Stage

Middle Stage

Late Stage

Page 8: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

The Rise of Visual Content

328,000 views!

17,000 views

Word

s

Visual

eBook Interactive Infographic

Page 9: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Your Customers Like to Have Fun As Well

9Design ©2012 Social Media Examiner, Content Copyright Presenter • Do not distribute

Page 10: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Page 11: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Page 12: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

How Much Content is Right For You?

Investment

Ret

urn

Page 13: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Staffing for Content Creation

• Appoint executive editor• Invest in content creators

• Content consumers• Great communicators• Self-promotional

• Distribute creation: internal + community-generated

• Create a content / social policy

Marketo invests 10% of headcount

into content

www.marketo.com/trust/social-media-

policy.php

Page 14: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller 14

Page 15: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Research data, funny videos, curated lists, infographics, thought leadership

NO

YES

MOSTLYNO

Thought leadership and entertainment to build brand and awareness

Tools that help buyers find you when they are looking for solutions

Company-specific information to help evaluate and reaffirm selection

Buying guides, RFP templates, ROI calculators, whitepapers, analyst reports, webinars

Pricing, demos, services information, 3rd party reviews, customer case studies

Gated?Early Stage

Middle Stage

Late Stage

Page 16: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

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#RevEngine© 2013 Marketo, Inc. @jonmiller

Short Forms Outperform Long Forms

Short (5)Conversion: 13.4%Cost per: $31.24

Medium (7)Conversion: 12.0%Cost per: $34.94

Long (9)Conversion: 10.0%Cost per: $41.90

Page 18: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

www.marketo.com/calculator

Test, But Don’t Over Test!

T = number of testsW = weeks for test R = responses /

conversions per day

Page 19: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Social media leads do not come in a box-@jonmiller

19

Page 20: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

EdgeRank• Time

Decay• Weight• Affinity

Page 21: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

I’m going to make you an offer you can’t refuse.

Learn how to make the most out of every lead in your database. Download The Definitive Guide to Lead Scoring: http://marketo.com/DG2LS

Page 22: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

• Current active opportunities – specific contacts

• Marketing executives at Target Enterprises

• Key bloggers, reporters, and analysts

• Fans of complementary solutions and competitors

Heavy focus on Mobile Feed

Facebook Custom Audiences – the biggest thing in Facebook since company pages

Page 23: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

ROI On Social Advertising: Tale of Two Types

• Traditional display ads on Facebook not effective• Twitter conversions slow to convert to Lead• Facebook memes and other highly engaging ads are

working great• Slideshare great for acceleration (not lead gen)

Source: Marketo Revenue Cycle Analytics

Page 24: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Buyer to Buyer: 92% TrustSource: Nielsen Research 2011

Company to Buyer: 33% Trust

Page 25: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Re

ach

& E

ng

age

me

nt

Soci

al Li

ft

Soci

al Li

ft

Soci

al Li

ft

Soci

al Li

ft

Soci

al Li

ft

Landing Pages

Website Facebook Pages

Online Ads Email

Soci

al Li

ft

Events

Making Every Campaign Social

Page 26: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

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#RevEngine© 2013 Marketo, Inc. @jonmiller

Test & Tune With Social Funnel Metrics

Measure,

Test and

Optimize

Coloring Book Results• 289 participants

shared• 354 registered

downloads• 19.8% increase in

registered downloads

Page 28: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Source: Marketo Revenue Cycle Analytics, Q2-2013 programs as of 6/12/2013

Q2 2013 programs as of 6/12/13

Page 29: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Lightbox – Blog New Names

From average 14 a week to 145/week - 10X growth!

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#RevEngine© 2013 Marketo, Inc. @jonmiller

But who is ready?You got them to the dance

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#RevEngine© 2013 Marketo, Inc. @jonmiller

Processes at scale

Page 32: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Lead Nurturing Relevance

A

B

C

D

1 23

Stages1. BUYING STAGES

• Early (4.1.1 cadence)• Mid and Late• Customer

2. BUYING PROFILES• Industry: 82%• Role: 67%• Company Size: 49%• Geography: 29%

Get The “Definitive Guide to Lead Nurturing”http://marketo.com/DG2LN

Page 33: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Lead Scoring Defined

“Shared sales and marketing methodology for ranking leads in order to determine their sales readiness”

Nurture Nurture DisqualifyPass to Sales

Pass to Sales

Fit Interest Buying Stage

Page 34: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Behavioral Scoring: Examples

• Early stage content +3• Attend webinar: +5• Visit any webpage / blog : +1• Visit careers pages: -10

Latent Behaviors (Engagement)

• Pricing pages: • +10 regular, +15 detailed

• Watch demos: • +5 overview, +10 detailed

• Mid-stage content +8• Late-stage content +12• Searches for “Marketo” +8

Active Behaviors(Buying Intent)

Page 35: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

One Way to Identify Marketing Qualified Leads

21+ Super-Target Lead Lead Lead

9-20 Target Lead Lead

2-8 Other Lead

<2

Engagement <20 20+ 45+ 90+

Buying Intent <6 6+ 13+ 19+

Fit

Inte

rest

Page 36: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Stars and Flames show priority

Full list of Interesting Moments

Page 37: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

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#RevEngine© 2013 Marketo, Inc. @jonmiller

Why Measuring Online Programs is Hard

• Multiple touches. Seven touches needed to convert a cold lead into a sale

• Multiple influencers. Typical buying committee has 5-21 people

• Tyranny of time. The money you invest today will have an uncertain impact at an uncertain point in the future

Page 39: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Track All Touches Across People

Screenshot: Marketo Revenue Cycle Analytics

Page 40: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

First Touch vs Multi-Touch

Source: Marketo Revenue Cycle Analytics, June 2013

Nurture Email - CTA

Nurture Email

Paid Online (PPC+Email)

Nurture (New)

Page 41: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Tweetable Takeaways

1. Information abundance is transforming how buyers buy

2. Create content for each phase of the buying cycle

3. Leverage “peer-to-peer” influence to give every campaign a social boost

4. Most leads are not “ready-to-dance” – nurture relationships over time

5. To measure program ROI, you need to allocate all interactions with an account

@jonmiller

Page 42: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

Additional Resources

The Definitive Guide to Social Marketinghttp://marketo.com/DG2SM

The Definitive Guide to Marketing Metrics & ROIhttp://marketo.com/DG2MM

Personalized Benchmark on Email Marketinghttp://marketo.com/DG2MA

Page 43: The Path to a Killer Online Marketing Strategy

#RevEngine© 2013 Marketo, Inc. @jonmiller

@jonmiller