November 14 2013 2 Marketing Automation Overview Why Marketing Automation Marketing to Sales Funnel Marketing Automation Sample Solution Online Assessment QampA Session Have Questions Tweet Us with ID: 646201
Download Presentation The PPT/PDF document "Marketing Automation Matters" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
Marketing Automation Matters
November 14, 2013Slide2
2
Marketing Automation Overview
Why Marketing Automation
Marketing to Sales Funnel
Marketing Automation Sample Solution
Online Assessment
Q&A Session
Have Questions? Tweet Us with #HilemanGroup
AgendaSlide3
What is Marketing Automation (MA)
3
The use of a defined approach and specialized software to organize the previously disconnected process of lead generation and management
The ability to utilize many marketing channels seamlessly throughout the sales and marketing funnel
Increase tracking and allow a closer relationship between marketing and sales
End users are nurtured throughout the funnel rather than overwhelmed
Have Questions? Tweet Us with #HilemanGroupSlide4
How MA Organizes the Marketing & Sales Process
4
The ability to utilize digital marketing channels to increase reach and tracking ability
By using highly targeted content and an inbound marketing approach we can target end users throughout the sales cycle.
Nurture end users through a defined cycle based on what they request
Track everything!
Have Questions? Tweet Us with #HilemanGroupSlide5
Bringing Peace & Harmony
5
Align Sales & Marketing = Seamless Buying Process
Have Questions?
Tweet Us with
#
HilemanGroupSlide6
Adopt New Approach
6
Buyers are seeking and finding more information on their own
Companies
need to interact with prospects before the sales conversation and provide relevant information in the early stages of the buying
process
Leads need to be nurtured before they are sales ready in order to help drive revenueCompanies should be moving away from blasting a batch of emails to all their customersInstead they should be delivering campaigns personalized and relevant to each customerA greater understanding of your customers behaviors and their needs is imperative in order to gain their business Have Questions? Tweet Us with #HilemanGroupSlide7
7
Marketo
: 2012 Marketing Benchmarks
Have Questions?
Tweet Us with
#
HilemanGroupSlide8
8
Marketo
: 2012 Marketing Benchmarks
Have Questions?
Tweet Us with
#
HilemanGroupSlide9
9
Lifetime of the sales cycle has remained unchanged
The time spent by marketing engaging with leads before transitioning to sales has evolved
Have Questions?
Tweet Us with
#
HilemanGroup
Changes to Sales CycleSlide10
10
Marketing to Sales Funnel
1
2
3
4
Have Questions? Tweet Us with #HilemanGroupSlide11
Drive Awareness: Step 1
Define and segment target audience
Create campaigns that are relevant to audience that provide valuable information to incent initial engagement (low user commitment)
Drive awareness of campaign by utilizing various tactics that address your target audience
11
Have Questions?
Tweet Us with #HilemanGroupSlide12
Drive Awareness: Step 1
Paid & Organic Search
More than 1 billion queries searched a month on search engines.
Target the right keyword terms with the right content to reach relevant users when they are searching for answers.
The click through rate across organic and paid search ranges from 1% to over 20%
Google Search
12
Have Questions?
Tweet Us with #HilemanGroupSlide13
Drive Awareness: Step 1
Paid Social
Define a highly targeted audience based on profile and geographical data
By using highly targeted content and relevant ads we can drive the right visitors to your website or landing page.
This approach allows you to drive highly targeted traffic with a very low cost-per-click structure.
LinkedIn Banners
13
Have Questions?
Tweet Us with
#
HilemanGroupSlide14
Drive Awareness: Step 1
Paid Social
Define a highly targeted audience based on profile and geographical data
By using highly targeted content and relevant ads we can drive the right visitors to your website or landing page.
This approach allows you to drive highly targeted traffic with a very low cost-per-click structure.
Facebook Banners
14
Have Questions?
Tweet Us with
#
HilemanGroupSlide15
Drive Awareness: Step 1
Display Remarketing
Re-engage end users after they have already visited your website and did not convert.
With a highly relevant target audience and a low cost per click structure the cost per lead from remarketing is extremely low.
15
Have Questions?
Tweet Us with
#
HilemanGroupSlide16
Educate & Build Profile: Step 2
Continue to nurture leads after initial engagement
Collect additional information from them by providing
valuable and relevant content (build your customer profile)
White papers, guides, free product, newsletter,
presentations, etc.
16Have Questions? Tweet Us with #HilemanGroupSlide17
Educate & Build Profile: Step 2
Whitepaper/Guide Downloads
Creating content that helps solve your prospects’ pain is one of the most common approaches to educate.
L
anding pages are also a great opportunity to gain additional information on marketing leads.
17
Have Questions?
Tweet Us with
#HilemanGroupSlide18
Educate & Build Profile: Step 2
Sweepstakes
Sweepstakes are a low commitment way to drive new leads into the marketing funnel.
Keep in mind that sweepstakes leads will require a lot more nurturing and qualifying than other educating activities.
18
Have Questions?
Tweet Us with
#HilemanGroupSlide19
Educate & Build Profile: Step 2
Product Trials or Demos
A strong nurturing activity is trials or demos of a product or service.
When implemented correctly you can easily convert a lead into a customer with very little nurturing.
This type of activity is normally performed at the bottom of the marketing funnel.
19
Have Questions?
Tweet Us with #HilemanGroupSlide20
Engage & Qualify: Step 3
Track user engagement throughout campaign
Calculate lead score
Determine which leads are ready to convert
(those defined as a “qualified” lead)
20
Have Questions? Tweet Us with #HilemanGroupSlide21
Engage & Qualify: Step 3
Lead Scoring = Qualifying
In order to qualify your leads a well defined scoring and lead process is imperative
Once a scoring structure is defined it is easy to transition into step 4 or the conversion stage of the process.
21
Have Questions?
Tweet Us with #HilemanGroupSlide22
Convert: Step 4
Marketing qualified leads are passed on to sales
Leads not qualified by Marketing continue through nurturing process
Sales converts qualified leads to purchase
Shortens the sales cycle by making sales process more efficient
22
Have Questions? Tweet Us with #HilemanGroupSlide23
Convert: Step 4
Marketing Automation System
System in which leads are nurtured before being passed off to sales as qualified
CRM System
System where qualified leads are tracked by sales team until conversion
23
Have Questions?
Tweet Us with #HilemanGroupSlide24
24
Take action to refine campaigns and help reduce abandonment stage
Determine
campaign successes and areas for improvement
Define steps taken by qualified leads to conversion
Evaluate the users that did not engage
View analytics and tweak campaign to try and re-engage abandoned users
Have Questions? Tweet Us with #HilemanGroup
Abandonment StageSlide25
25
Have Questions?
Tweet Us with
#
HilemanGroupSlide26
Marketing to Sales Funnel
Is Your Company Ready for Marketing Automation?
What is the current size
of
your sales
and marketing funnel?
Can you provide your lead conversion percentage? What is your current cost per opportunity? Cost per lead? On average, how many days does it take to convert a lead to purchase?
Companies that excel at lead nurturing are able to generate 50% more sales ready leads at 33% lower cost per lead.
Forrester Research
26
Have Questions?
Tweet Us with
#
HilemanGroupSlide27
Take Your Online Assessment
www.hilemangroup.com/lp/marketing-automation/index.html
27
Have Questions?
Tweet Us with
#
HilemanGroupSlide28
Questions?
28
Have Questions?
Tweet Us with
#
HilemanGroupSlide29
29
Date:
Thursday, February 20
th
at 12pm EST
Course Description:
The number of people browsing the web from a mobile device has rapidly increased over the past few years and is expected to continue growing. In this course, we will educate you on the options you have when designing for mobile and what you should consider when developing the mobile strategy for your website. Have Questions? Tweet Us with #
HilemanGroup
Lunch & Learn: Designing for Mobile