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Marketing Research in Action: 65% of B2B marketers are not nurturing

April 27th, 2012

So I’ve got this old friend from college. At first, we had fun. Now I only hear from when he needs something. Then after I help him out … he disappears again.

Sound uncomfortably like your B2B marketing and sales efforts? Listen in as I speak with Brian Carroll, Executive Director, Revenue Optimization, MECLABS, about lead nurturing and post-sales nurturing, based on research from MarketingSherpa’s 2012 B2B Marketing Benchmark Report and MarketingSherpa’s 2012 Email Marketing Benchmark Report.

 

 

“The goal with nurturing is not just always be closing or always be selling,” Brian said. “It’s really, always be helping.” Watch the above video to see what other insights Brian shared. Here are a few key pieces of information that may help you: Read more…

Help us improve MarketingSherpa.com and get a free 30-Minute Marketer report

April 24th, 2012

We want to serve you better, so we’re conducting a quick survey to determine the best way.  We’re interested only in aggregate needs and preferences, so individual responses are anonymous.  Every respondent will, however, earn a free copy of a MarketingSherpa 30-Minute Marketer report – How to Integrate Social Media with Email and SEO.

And if there’s anything we learn from the survey that we think you might find valuable, we’ll publish it.

Take the survey now

Blog Awards: Nominate your favorite marketing blogs

April 20th, 2012

At MarketingSherpa, our job is to help you do your job better. But we’re not the only place you turn to for helpful information.

So to help your peers find quality marketing information, we’re launching the MarketingSherpa Reader’s Choice Awards. What marketing blogs do you find most valuable? Simply make a comment on this blog post with the name of the blog and the category you would like to nominate it for.

Here are the categories:

  • Best B2B Marketing Blog
  • Best Email Marketing Blog
  • Best E-commerce Blog
  • Best Inbound Marketing Blog
  • Best Copywriting Blog
  • Best PPC Blog
  • Best SEO Blog
  • Best Marketing Strategy Blog
  • Best Social Media Blog
  • Best Viral Marketing Blog
  • Best Marketing Operations Blog
  • Best Design Blog
  • Best Optimization/Testing Blog Read more…

The downside of very high conversion rates

April 13th, 2012

Almost every marketer I talk to wants to know about average conversion rates. And, I presume, they want that info so they can focus on being above average.

While a marketing Lake Wobegon, where all of your conversion rates are above average, sounds tempting on the face of it, let me make a, perhaps, counterintuitive argument …

 

Very high conversion rates are usually not good for your ultimate KPI — profit

And this is one reason why an obsession with average conversion rates can be harmful to your marketing health.

There are two possible downsides to very high conversion rates:

  • You are focusing too much of your marketing efforts on an audience that would buy from you anyway, and not enough on finding new customers
  • You are offering too big of an incentive

  Read more…

PURL Jam: 6 ways personalized URLS can help increase the virality of your campaigns

April 12th, 2012

Virality is that state of marketing nirvana where your campaigns are liberated from the earthly confines of your own media spends and marketing efforts, and take on a free-floating life of their own.

As I’ve said before in “Social Media Marketing: Going viral is so easy it’s hard,” I don’t believe there is any secret to going viral, but you can position yourself well for that opportunity. That blog post has a few of the factors that influence your chance of going viral, but in today’s post I want to focus on one very specific tool that can help your efforts — personalized URLs, also known as PURLs.

If you’re unfamiliar with PURLs, personalized URLs are simply, as the name implies, unique URLs for each recipient. As with many marketing terms, different people tend to use the term differently (usually to the advantage of whatever they’re selling). Some people consider a PURL actually having the person’s name in the URL (for example, I might receive a mailer with a CTA that goes to DanielBurstein.MECLABS.com, while my neighbor’s CTA would point to TheJoneses.MECLABS.com).

Others consider a PURL to be any URL that leads to a personalized landing page (so the URL might be a random string of letters and numbers; however, the landing page would say “Hello Daniel Burstein”). And still others consider a PURL to be any custom URL assigned to only one person (for the purpose of this blog post, I’ll use this, the broadest definition).

Who can use PURLS? Pretty much any marketer. “Historically, the high cost of PURLs would limit the technology to larger companies with the matching budgets,” according to Martin Thomas, founder, Purlem. “But today, PURLs have become much more affordable and easier to use.”

Now that we’ve gotten in a little background info, let’s take a look at some ways PURLs can help position your campaigns for virality:

  Read more…

7 Signs That You’re Overvaluing Search Engine Optimization

April 3rd, 2012

Search engine optimization (SEO) has become such a giant buzzword, that even my non-marketing friends and family members discuss it. It seems that every person I interview for one of our job openings is an “SEO expert.” And I now see Danny Seo all over TV.

Jokes aside, let’s take a look at some research …

 

Click to enlarge

 

According to Jen Doyle’s research for the MarketingSherpa 2012 B2B Marketing Benchmark Report, 29% of B2B marketers consider search engine optimization to be very effective — more than email marketing, content marketing, and most noticeably, paid search.

But could that be a problem? It is human nature to overemphasize something that we think works well. (The minute someone tells me I’m funny – watch out! I’ll come up with every joke I can think of, and they’ll just keep getting worse.) And also, if we overvalue our investment in any one tactic, of course it will be more effective than the ones we’ve shunned.

With so much focus on SEO from every marketing blog on the Google-powered Web, I thought it might be worth your while to question if you’re overvaluing SEO.

So put the Google Keyword Tool down for just a minute, and for a contrarian viewpoint, see if any of these seven reasons that you’re a little too obsessed with search engine optimization / SEO / organic search / natural search / search marketing resonate with you:

Read more…

Social Media Marketing: Proactive social touch generates 17.5% more sales for moving company

March 30th, 2012

Hey marketers of 1985 … imagine if you could overhear many of your potential customers’ conversations in an ethical way. Why, if they had an interest in buying a product or service in your category, you could just reach out and start a conversation of your own. This would be way cooler than a hoverboard or flying car (although not quite as cool as the Mr. Fusion Home Energy Reactor).

Of course, the year is 2012, and we’re now living the dream. On social media, people open up their conversations to the world about what they want to buy, where they want to go, and what they’re trying to crassly self-promote. But how many marketers take advantage of listening combined with proactive social touches to act on these conversations? Here’s a real-life example of how it can work. So I tweeted …

 

 

Most people probably just saw my tweet as a crassly self-promotional attempt to brag about the beautiful March weather here in Jacksonville while trying to poach top marketing talent from frigid northern locations and let them know about the job openings here at MECLABS. (wink, wink)

However, one clever marketer saw an opportunity of a different kind …

Read more…

Email Marketing Trends: The results from 6 live polls conducted at Email Summit 2012

March 27th, 2012

One thing I really enjoyed at Email Summit 2012 was being able to walk around and talk to the email marketers of the world about the tactics they’re using. For example, I learned about marketers’ experiences with sales and marketing automation for small businesses over breakfast and European privacy regulations over lunch.

If you weren’t able to attend (and even if you were), I hope this blog post can serve as a proxy for that experience. During some of the general and breakout sessions at Email Summit 2012, we conducted a live poll using Acxiom technology where attendees could text to vote. (Full Disclosure: Acxiom was an Email Summit 2012 sponsor.)

In this blog post, I’ll share some of these results, along with some resources to help you act on these tactics.

Please keep in mind that I don’t intend this data to be regarded as statistically valid, rather view it the way you would anecdotal information you would attain from networking.

There are many validity threats, including the fact that the sample we surveyed (Email Summit attendees) is likely a skewed sample and much more active and experienced than the average email marketer since they invested the time and money in attending Email Summit. So the average email marketer is even less likely to be using these tactics.

That said, let’s jump right in …

 

How are you deploying mobile in your marketing strategies for 2012?

In research conducted for the MarketingSherpa 2012 Email Marketing Benchmark Report, mobile was identified as the most challenging channel to integrate with email.

So it’s not surprising that only a handful of email marketers considered themselves advanced at deploying mobile in their marketing strategies.

 


  • Advanced (3 respondents, 7.31% of all respondents): We currently deploy advanced tactics to reach our mobile audience (e.g., geo targeting, mobile apps, SMS outreach, email optimized for mobile)
  • Basic (16, 39%): We have optimized our website (or) our emails for mobile
  • Considering (19, 46.3%): We are considering mobile marketing, but have not yet decided upon a strategy
  • Unconvinced (3, 7.31%): We do not believe that mobile marketing is the right fit for our audience

Some resources to help you with mobile marketing:

 

Have you used SMS and/or QR codes for email list sign-up?

We asked this during a session I moderated with Ryan Amirault, Digital Marketing Manager, Whole Foods Market.

[whole foods]

Ryan’s team saw some impressive results — generating more than 2,000 email subscribers from SMS and QR codes. Ryan’s advice:

  • Place QR and SMS in strategic locations. For Whole Foods, that meant table tents, meat/deli/seafood scales, bathroom stalls, registers, cafés, grocery aisles, eating areas and guest services
  • Test QR codes before deploying creative materials

However, 67% of Email Summit attendees have not tried this tactic at all.

 

 

Here are a few resources to help get you started:

 

How are you designing your emails to fit into your mobile marketing strategies for 2012?

There was limited response to this question, which is not surprising considering that we learned in the first survey that a minority of marketers are really engaged in mobile tactics.

 

 

  • Relevant (7 respondents, 15.5% of all respondents) – We deploy emails targeted for relevance in the mobile environment (e.g., geo-targeting)
  • Responsive (6, 13.3%) – We have designed our emails to be responsive for a handful of mobile operating systems (e.g., iOS 5)
  • Visible (14, 31.3%) – We have added a “view on mobile device” link at the top of our emails
  • Considering (18, 40%) – We are considering integrating email with mobile marketing, but have not yet decided upon a strategy

Here are a few resources to help you with your mobile email design:

 

Do you optimize email landing pages for specific devices?

Let’s get a little more granular, and instead of talking about mobile as a big picture, look at how marketers handle devices …

 

 

  • Yes, iOS – 5 respondents, 6.17% of all respondents
  • Yes, Android – 1, 1.23%
  • Yes, multiple devices – 23, 28.3%
  • No – 48, 64.1%

If you’re thinking about getting device specific, here’s some help:

 

With regard to email testing, which of the following best represents your organization’s efforts?

While mobile clearly is a hot topic for marketers, let’s look at a more tried and true tactic – email testing.

 

 

  • Basic testing (14 respondents, 21.4% of respondents) – Subject lines, personalization, copy
  • Average testing (11, 37.2%) – Templates, timing, automation
  • Advanced testing (4, 17.3%) – Validated tests, multi-varied options
  • Expert testing (2, 23.9%) – All aspects have been tested and optimized

Some inspiration and ideas to get you started testing or give you new ideas for future tests:

 

What do you think will have the biggest impact on email marketing in 2013?

At the MarketingSherpa Email Summit, we focus on what really works. However, sometimes you have to look past what is already proven, gaze into the crystal ball, and try to make strategic decisions today to position your company for the opportunities (and threats) of tomorrow.

So what will tomorrow bring? Let’s take one extra spin on the email marketing carousel of progress and take a look at what your peers think will have the biggest impact on email marketing in the near future.

 

 

  • In-line Video (15 respondents, 10.7% of respondents)
  • Social Data/Content Integration (48, 34.2%)
  • Privacy Legislation (29, 20.7%)
  • Dynamic Content (48, 34.2%)

As you try to peer over the hill for your own marketing efforts, here are a few resources that may help:

B2B Marketing Research: 68% of B2B marketers haven’t identified their Marketing-Sales funnel … and it shows

March 9th, 2012

B2B marketing has always been complicated, and has only become more complex over the last few years thanks to evermore empowered buyers, new technologies, a difficult economy and growing international organizations that make navigating potential buyers and influencers in target companies harder by the day.

So, I sat down with Jen Doyle, Senior Research Manager, MECLABS, for a look at her recent discoveries from her 2012 B2B Marketing Benchmark Report to see what marketers are telling us about these challenges …

 

 

Here are some of the research discoveries Jen and I discussed in the video, along with the source charts: Read more…

Command-and-Control Marketing vs. Servant-based Marketing

February 28th, 2012

What are we really talking about when we’re discuss cutting-edge marketing topics like mobile, social media and Priority Inbox?

These are just technologies. Zeros and ones dancing around in some magic box in the sky. In this interview with Jim Ducharme, Community Manager, GetResponse, I lay out my argument for where you really should focus your efforts in the year ahead, and it’s not on technology …

 

  Read more…