Archive

Author Archive

Lead Generation: 81% of marketers use email marketing

October 15th, 2012

Originally published on B2B LeadBlog

We surveyed 1,915 marketers for the 2012 MarketingSherpa Lead Generation Benchmark Report, and asked them about their most widely used lead gen practices. Here is what the data says…

Q. Which of the following lead generation tactics does your organization currently use?

Click to enlarge

To help you improve your own lead generation efforts, here are some insights and tips from our audience…

Email Marketing

“Interesting chart, Daniel — thank you for sharing it with us. Do you have any correlation between method and its associated level of effectiveness?” asked Hank Boyer, president and CEO, Boyer Management Group. “For example, email marketing may be the most-used method, and often has the distinction of replacing junk mail with junk email…however, its level of effectiveness is likely pretty low on the list.”

Jann Mirchandani, owner and chief marketing officer, Marketing Café, added “This chart is interesting in that it shows which tactics are being used. It does not, however, show which tactics are producing results. I would argue that email marketing is a tactic that most business owners understand and have been using a long time.”

Excellent points Jann and Hank, so let’s take review at a chart that shows which tactics are producing results.

Looking at some further data from the 2012 Lead Generation Benchmark Report that shows level of effectiveness, we can see that Hank has a valid point in his skepticism of email marketing being the most commonly used lead generation tactic for many marketers, however, he may be underestimating this lead generation tactic’s effectiveness:

Q. Please indicate the LEVEL OF EFFECTIVENESS (in terms of achieving objectives) for each of the lead generation tactics your organization is using.

Click to enlarge

“Is email a lead gen tactic?” asks Brecht of Distressedpro.com. “If you have the email already, isn’t that the lead?”

That’s an excellent point Brecht, but it brings up another question in my mind — Is an email address really a lead? For some companies it may be, but your marketing team should have a Universal Lead Definition, mutually agreed upon with Sales, that defines exactly what a lead is. I would argue a true “lead” is whatever information most efficiently and effectively leads to a sale.

But that’s just my two cents. Here’s how Tommy Landry, founder, Return On Now addresses the question after he himself raises it?

“While I concur that email is the most important medium to get right, I question whether it should be considered a lead gen vehicle at all. If you are emailing them, they are already on your list of leads.”

“Using email right means that you are just catching existing leads at the right time to move along into the sales funnel,” Tommy says. “But I’m splitting hairs, and email remains the most important marketing tool for identifying ‘hot’ leads.”

Search engine optimization (SEO)

As we can see in the above chart, SEO was rated as very effective by a third of marketers, and this tracks with Hank’s experience.

“Our company recently rebuilt its website and we utilize both SEO and optimized Web design to enhance stickiness and click through,” Hank said.

“Early analytics from the site shows a significant improvement in traffic and time spent on the site. We believe this has been achieved by the inclusion of quizzes and assessments and relevant blog content, plus enhancements to the site’s navigation.”

Website optimization/management/design

On the MarketingExperiments blog (sister blog to the B2B Lead Blog Roundtable), we’ve found website optimization to be a very effective tactic, with double- and triple-digit lifts in reach for marketers.

If you are looking to optimize your own website to improve lead generation, here are a few tips from Tommy:

Website optimization goes beyond just the words on the page. It requires strategic long-term thinking and ongoing adjustment.

  • Is your site usability as good as it can be, so prospects can self-identify as easily as possible?
  • Does the design indicate that you are a serious business or look like you are a fly-by-night operation?
  • Is the content on it valuable, written well, and easily scannable by busy users?
  • Do the pages load as fast as possible or should you tweak your infrastructure, hosting, or CMS/theme?

The questions go on, but the premise remains the same — have you optimized the user experience of dealing with you online? The website is a huge part of that experience, so get it right. Source — Online Demand Generation: Top Media Vehicles for Driving Leads

Content Marketing

“Content marketing works! If you don’t believe me, check the Alexa rank of Return On Now,” Tommy said. “We kicked off a content marketing program in early July 2012, when our Alexa rank was just under 2.3M. The last I checked, it was closing in on 607K.”

If you’re looking for an example of content marketing, let me do a little horn tooting for just a second, and suggest you look no further than this blog and the MarketingSherpa article that prompted the responses you are reading now.

At least, so says Rebecca Caroe, founder, Creative Agency Secrets, “Daniel — great chart, great blog post and a superb way to demonstrate leadership in lead gen is to follow your tactics:

  • Invite reader response
  • Credit contributors
  • Enable future content to be written based on submitted readers’ views.”

If you’d like to be featured in a future blog post, simply sign up for the free MarketingSherpa Chart of the Week newsletter and share your actionable advice on a marketing industry chart that tickles your fancy.

Related resources

Why 75% of Marketers Are Experiencing Lead Generation Pain and How to Stop It Before It’s Too Late

Lead Generation Strategy: 5 signs you’re selling like it’s 1992

Coaching a new biz dev executive…. part 4

Marketing Career: How to get budget approval to build your skills

October 5th, 2012

What challenges undermine your marketing department’s potential? When we asked that question to 1,646 marketers while researching for the MarketingSherpa 2012 Executive Guide to Marketing Personnel, here’s how they responded …

 

Click to enlarge

 

So today’s MarketingSherpa blog post is aimed at helping you overcome challenges #1 and #3: to help you get budget approval to build your skills. With Email Summit 2013 coming up in February, we’ll use a MarketingSherpa Summit as the example for this blog post to show you the factors you should consider when conducting a little internal marketing of your own.

  Read more…

Email Marketing: 83% of CMOs says social media will affect email programs

October 4th, 2012

According to the 2012 Email Marketing Benchmark Report, CMOs see social media and mobile as the developments that will have the biggest impact on email marketing in the near future …

Q. What new developments will most affect your email marketing program in the next 12 months? Select up to five developments.

Click to enlarge

 

So here’s the challenge to you, email marketers of the world. Not only must you integrate social media into your email marketing, you must integrate a rapidly changing social media environment.

Just when you thought you could rest after successfully integrating Twitter and Facebook, for example, along comes Pinterest.

Read more…

Market Competition 101: The 3 types of competitors to keep an eye on

September 28th, 2012

I was reading The Wall Street Journal one morning about food makers using mobile games to market to children. It struck me that content marketing has a major effect on how some companies, especially publishers and media companies, must regard their competition. (It also struck me that my kids need to spend less time on the iPad, but I digress.)

So, I thought I would use that article as inspiration for an example to teach a quick marketing 101 lesson on the three types of competitors you must account for when marketing your product or service. For the sake of this blog post, our company is Spacely Games, and we make mobile games aimed at children.

I also got some input from Paul Clowe, Sr. Director of Finance & Operations, MECLABS, who has recently conducted competitive research here at MECLABS.

 

Read more…

Orphan Forms: Marketing 101 change drives 32% increase in form completions

September 7th, 2012

Marketers are poor parents.

Walking recently by a sea turtle nest here on Jacksonville Beach, I was thinking about how sea turtles abandon their young after laying their eggs.

Harsh, yes, but as marketers, are we really any better?

We create landing pages, triggered emails and lead forms, and then … eventually forget about them.

Sure, we have good excuses. We’re busy. With the turnover in most marketing departments, we might not have even been around when some of these orphans were created. Additionally, unlike a reflective process — such as a continual media placement where we get a bill and must make a choice — keeping an old page live is essentially an automatic choice with no additional cost.

And, before I get on a soapbox, we have our share of orphans at MECLABS as well (which Pamela Markey, Director of Marketing and Brand Strategy, MECLABS, lovingly refers to as “land mines”). After all, our sites are more than 10 years old.

But, I want to tell you a quick story about the results we received by showing some love to one of our orphan forms. My goal is to inspire you to conduct a basic site audit to find what pages, forms and automated messages you’re overlooking.

  Read more…

Automatic for the People: The pros and cons of triggered emails

September 6th, 2012

Pilots have it easy. All they do is flip on the autopilot, order some Sleepytime® tea from the galley, and get a little shuteye, snoozing across the Atlantic, until they land at Schiphol (word of caution: this is based on my utter lack of knowledge of what pilots actually do … but thanks for getting us there safely).

In all seriousness, marketers have an autopilot, too … of sorts – the automated, event-triggered email. When I read Megan McCardle’s line in Newsweek, “Looking for a fail-safe plan to get rich without working?” I thought, “That could almost be a description of triggered emails.”

Think about it: Triggered emails offer the Holy Grail of email marketing that is so difficult to achieve – relevant, timely information.

I sign up to your email address, you welcome me … right at the moment I am most interested in receiving emails from you. And, perhaps, I hop right on a promotion in that welcome email, since you’re reaching me at the peak of my interest in your company (hey, I just signed up for your list).

Or I abandon a shopping cart because the product is 20% too expensive and then, poof, like magic, I get a 20% discount code in my inbox.

Or it’s my birthday, and you give me a free bottle of prosecco or wine to celebrate (hey, I’m going out tonight anyway), as Pizza Express did for Kate …

Read more…

Lead Generation: Trends in 2012 marketing budgets

August 24th, 2012

According to the MarketingSherpa 2012 Lead Generation Benchmark Report (free excerpt at that link), 71% of survey respondents indicated that generating high-quality leads was a top challenge.

So, in today’s blog post, let’s look at lead generation budget trends (hint: money is moving to online tactics) and provide some resources to help you make wise use of that budget.

To help you get the most effective use of your budget, here are several case studies and how-to articles for some of the tactics mentioned in the above chart.

  Read more…

Content Marketing: 3 tips for how to get started

August 17th, 2012

At Optimization Summit 2012, Michael Lykke Aagaard, Online Copywriter / Landing Page Fanatic, Contentverve, pulled me aside for an interview about content marketing. Below is an excerpt where we discuss three tips for getting started …

 

 

Let me (I hope) exceed your expectations in this blog post by adding three more tips for how to get started, helping you, in this case, to overcome common objections you might receive in trying to launch or expand content marketing in your organization …

  Read more…

Conversion Rate Optimization: Your peers’ top takeaways from Optimization Summit 2012

August 16th, 2012

With B2B Summit 2012 right around the corner in Orlando, let’s take a quick look at your peers’ top takeaways from our last Summit – Optimization Summit 2012. In case you couldn’t be there, listen in to what fellow Web marketing directors and optimization managers learned at the Summit to help guide and prioritize your own A/B testing and landing page optimization efforts.

 


Here are some of the key takeaways. Feel free to use the links below to jump directly to these parts of the video …

0:34 – Celeste Parins of Mindvalley on value proposition

1:11 – Matt Silverstein of The Elevation Group on radical redesigns

1:40 – Matt Brutsche of Austin Search Marketing on getting into the mind of the customer

2:00 – Mike Weiss of Internet Sales Experts on understanding the customer’s path on your landing pages

2:42 – Ray Lam and Victoria Harben of the University of Denver on live optimization

3:03 – Suzette Kooyman of Enhance Your Net on taking a consumer-centric approach instead of a corporate approach

3:37 – Suzanne Axtell of O’Reilly Media on determining where to start testing and optimizing

4:10 – Reagan Miller of Financial Times on having a testing methodology

4:23 – Alan Markowitz of Ellie Mae on friction and anxiety points

4:50 – Diane Baker of netDirectMerchants on value proposition

 

Related Resources:

Optimization Summit 2012 Event Recap: 5 takeaways about test planning, executive buy-in and optimizing nonprofit marketing

Demand Generation: Optimization Summit 2012 wrap-up for B2B marketers

B2B Summit 2011: 5 takeaways on social media, lead generation, building a customer-centric approach, and more

Class Is In Session: Q&A with Web analytics professors about Optimization Summit 2012

August 14th, 2012

You network with the most interesting people at a MarketingSherpa Summit, and Optimization Summit 2012 was no exception for me. I caught up with one of the top optimizers from Denmark and a nonprofit marketer heavily engaged in A/B testing, and I also met two professors in the increasingly popular Web analytics field.

With our next event, B2B Summit 2012 in Orlando, just around the corner, I wanted to take a moment to look back at our last event in today’s MarketingSherpa blog post and share an interview with those professors, who can provide a unique viewpoint on Internet marketing.

With their experience teaching others in the classroom and having to convey overall marketing principles, they are a step removed from the average in-the-trenches, brand-side marketers, overly focused on the “putting out today’s fire” crises that sap so many marketers’ attention.

And, since they’re not vendors of platform providers, well, they’re not trying to sell you on their unique marketing buzzword approach that just happens to map very nicely to the products and services they are trying to sell.

Ray Lam and Victoria Harben are adjunct faculty and teach Web Analytics, a graduate-level course in University College at the University of Denver. During Optimization Summit 2012, they live-tweeted the event to their students from @COMM4324.

 

MarketingSherpa: What were the top lessons you learned at Optimization Summit that you think could be helpful to brand-side marketers?

Victoria: The main point that was reiterated throughout Optimization Summit was to always test; don’t rely on assumptions, intuition, guesstimations, or theory — rather, get out there and test it. It’s always best to back up a hunch with data, and that’s exactly what the Summit instilled in me: test, test, test! We’re teaching a Web Analytics class at DU through the New Media and Internet Marketing program, and this is the first thing we tell our students.

Ray:  The top lesson I learned was Dr. Flint McGlaughlin’s conversion formula: C=4m+3v+2(i-f)-2a. Where m=motivation, v=clarity of value proposition (why), i=incentive to take action, f=friction elements of the process, and a=anxiety about entering the process. This simple formula helps marketers think about the different elements that need to be considered when constructing a landing page.

Read more…