Archive

Archive for the ‘B2B Marketing’ Category

Lead Generation: 2 questions every marketer should ask themselves about prospect motivation

December 23rd, 2013

Originally published on B2B LeadBlog

The most important factor to keep in mind when creating your landing page is your prospects’ motivation.

Highly motivated prospects can make for highly motivated leads if your landing pages deliver the right message to the right prospect at the right time.

However, it’s the prospects who are not highly motivated that you need to worry about. They will quickly deter from your page unless you can convince them your product or service will provide them with more value than they need to exchange for it.

In today’s post, I wanted to share with you two questions to ask yourself about your prospects’ motivation, which will help you match your landing page content to your visitors’ motivation and ensure their expectations are met.

Who are my prospects?

First, you must ask yourself, “Who are my prospects, and where are they in the purchase cycle?”

Generally, your site will see three types of visitors.

  • The window shoppers – These are prospects who are very early in the sales cycle. They aren’t completely sure about all the details behind what they are looking for, so they are browsing to gain a general sense of the market and the options available to serve their needs.

Window shoppers may have little to no motivation and need greater convincing that they have a need for your product or service.

  • The researchers – These are prospects who know what they are looking for and are most likely comparison shopping.

Researchers have moderate motivation. They are interested in your product, but are looking for that extra boost. What sets your product apart from the competition? You could solve for this by providing an incentive, or guaranteeing a price match.

  • The patrons – They know what they want and are just looking for the next step in the purchase cycle.

Patrons are just looking to complete their transaction. Streamlining the purchase process to make it as clear, quick and easy as possible should be your main goal.

Recognizing which types of prospects are frequently visiting your pages is the key to appealing to those who need the biggest push.

Also, using copy and images on your landing pages that directly support the value proposition of your products or service is a big step toward helping you communicate and appeal to all prospects.

Does our landing page deliver on the expectations we are setting?

The second question to ask yourself is rooted in how your visitors arrive to your landing page.

Did they click on a highly incentivized banner? Or do you have targeted PPC ads on social media or a very specifically themed blog? The point I want to stress here is that whatever you promise in the prior step of the funnel is what they want to find in the next.

If most of your traffic is coming from banners that promise a $100 gift card incentive, then immediately address that incentive on your page; that’s what your visitors will be looking for because it is most likely what motivated them to click on the banner. If a large portion of your traffic is coming from PPC ads, consider what page that ad is on.

For example, if your visitors are coming from an ad on a blog specifically about a review of analytics platforms, they are most likely perusing analytics platforms or some other relative software to try and find the right one. Use this knowledge to you advantage.

Again, most prospects are not sales ready, so it’s your job to convince them that when they are ready, your product or service is the perfect fit for their needs.

As you will find, getting millions of visitors to your page will be insignificant if it doesn’t match their motivation for going to it. Always, always, always think about what your visitors wish to achieve by visiting your page, and how they got there.

Remember, you can always make multiple landing pages to match the different motivations of your unique visitors, but you only have one shot at a lasting impression.

Related Resources

Email Marketing: How do you create excitement around the content you have?

B2B Marketing: 6 essentials for testing your teleprospecting

B2B Marketing: 3 simple tips for creating PPC ads

Email Marketing: How do you create excitement around the content you have?

December 9th, 2013

Originally published on B2B LeadBlog

I like to think of email marketing as more of a newspaper than a television ad.

When you’re creating a television ad, you can create one (or a very few ads) and place them across endless media buys. After all, a customer should be exposed to the ad at least three times during each purchase cycle, according to old school advertising conventional wisdom.

However, with a newspaper, you have to give the customer a reason to keep receiving that daily delivery on their driveway every morning. Sometimes it’s easy to find fresh, compelling content such as the recent health care website kerfuffle. But other times,  it’s a slow news day and you just have to fill some slots (“mosquito bite victim”).

Many marketers I talk to who are just starting out in content marketing seem to face many slow news days. They often struggle how to find valuable, compelling content for potential customers.

At MarketingSherpa Lead Gen Summit 2013, I pulled Joe Pulizzi, Founder, Content Marketing Institute, aside during lunch to share some tips about email marketing content. Here’s what Joe had to say.

 

Here are a few key points I took away from Joe:

  • Stay away from pitching; focus on the long-term relationship.
  • People don’t care about us, our products or services. They care about their own challenges.
  • Think of yourself like a publisher or media company.
  • Give value every day, so when you do have a sales message, customers will let you in.
  • Content marketing is a marathon, not a sprint – content marketing starts, and there is really no end.
  • Create a content marketing mission statement: What is the outcome for the reader?
  • Leverage employees, customers and influencers to become the trusted, go-to resource for your customers.
  • The position to hire first and foremost? Managing editor.

Related Resources

Email Marketing: How CNET re-engaged inactive subscribers

Email Deliverability: Only 39% of marketers maintain an opt-in only subscriber list

MarketingSherpa Email Summit 2014 – February 17-20 in Las Vegas

B2B Marketing: 6 essentials for testing your teleprospecting

December 2nd, 2013

Originally published on B2B LeadBlog

For years, marketers have been testing messages on emails, websites and pay-per-click ads to determine which ones drive the most sales. At MECLABS, we’ve made this a science and have even patented a Conversion Heuristic to analyze the process.

A few months ago, we started applying this heuristic to a channel that is more than a century old – the telephone. MECLABS has its own leads generation group working with clients to help them drive more revenue through teleprospecting.

Last summer, we began applying what we learned from online testing to that channel and recently, Brian Carroll wrote about how using science increased teleprospecting sales handoffs 304%.

When I asked Craig Kasel, Program Manager, MECLABS, for a few insights into testing teleprospecting, he explained that testing can help deliver the right messaging to prospects.

“It’s a good idea to test your lead process to make sure you’re getting the appropriate messaging to the correct people,” Craig explained.

After speaking with Craig about some of the teleprospecting testing projects he’s been a part of at MECLABS to discover how B2B marketers could apply this science to their teleprospecting efforts, here’s our best advice from what we’ve learned so far.

Engage your call center

No testing will work if your callers aren’t completely on board with the idea.

To build the buy-in that produces accurate test results:

  • Involve them right away. They’ll know better than anyone else what messages (or treatments) are worth testing.

In fact, you may find some of your callers are probably already engaged in some form of informal testing.

  • Make sure they understand why they’re doing it, and why their role is so important. If they appreciate their purpose and are involved in creating the test, they’ll be more engaged and excited to help.

Build a simple structure

Determine the problem you’re trying to solve, the question that will help solve that problem, and the results that will help you answer the question.

We do this by developing a research plan, which has:

  • A primary research question – Which statement will help us reach a decision-maker faster?
  • A primary metric – Number of decision-makers reached.
  • A secondary metric – Number of sales handoffs.
  • A problem statement – Contacts were hesitant to provide the name of the decision maker.
  • Test hypothesis – We will find out which statement best encourages the contacts to give us decision-maker information.

Determine which approach to testing works best for your organization

  • Sequential tests – Callers test a single message for a time period, and then test another message for a time period.

Craig recommended sequential testing if you are going to have the same callers executing both tests.

“This is also the type of test we typically run because it’s easiest,” Craig explained. “If one of our lead generation specialists discovers a new approach they think works better, we let them try it and then measure the results.”

  • A/B split tests – Measure multiple messages simultaneously. This is better for larger call centers where you have the manpower to have separate people test separate messages in the same time frame.

Test one variable at a time

This way, when you see the result of the test, you will know precisely which variable – the general element you intend to test – influenced it. When you test multiple variables at once, you can’t isolate what caused the results.

Here’s an example of three test scripts based on the research plan above. The portions bolded are the elements of the message we tested.

Control

Hello, ___, my name is Jane and I am calling with The Widget Company.

We are currently the third-largest widget company in the nation offering competitive prices and solutions to make your job easier. When we last spoke, you told me that you use a consulting service to select widget support. Could I have your consultant’s information so the next time they choose widget support, we can be included in their evaluation?

Treatment A

Hello, ___, my name is Jane and I am calling with The Widget Company.

When we last spoke, you told me that you hired a consultant to select widget support. I wanted to let you know that we have a widget sale and I wanted to speak with your consultant to see if our sale on widgets would be a good fit for you. How can I reach them?

Treatment B

Hello, ___, my name is Jane and I am calling with The Widget Company.

When we last spoke, you told me that you work with a consultant to select widget support. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you.

Validity starts with confidence

Level of confidence is a statistical term that you’ve reached a certain pre-established level of probability in a test. We want to minimize the chances that the difference in the metrics of interest between the treatments is due to random chance.

For example, a test with a 95% level of confidence has only a 5% chance that the observed difference is random chance.

Here are some of examples of validity threats that can negatively affect a test’s level of confidence.

  • Sample distortion effects – This happens when your sample of calls is too small to determine a 95% level of confidence in your testing.

A sufficient sample size depends on your existing success rate. For instance, if you’re measuring the number of sales leads, and your typical success rate is two leads for every 100 calls, then making 500 calls will give a better estimate of your true lead rate than only making 200 calls.

The lower your existing success rate is, the more people you will have to call to achieve a valid test.

Also, it is possible to work with small sample sizes, but the caveat here is your tolerance for risk when making business decisions based on less confidence in your sample pool.

  • List pollution effect – You can’t run a new test or treatment by the same list. The list has to be fresh to each test. For example, if you need 500 contacts to achieve validity, you can’t call a list of 250 people twice.
  • History effect – This happens when tests are too drawn out so influences outside the treatment are more likely to skew results. With A/B testing, you will avoid this since both tests run simultaneously. Try to compress the time span of your testing. We prefer one to two weeks.
  • Selection effect – This happens when test subjects aren’t distributed evenly. For instance, one treatment is tested on a list that’s never been called before and another treatment is tested on a list that that is months old.
  • Channel selection effect – In teleprospecting, your channel isn’t a pay-per-click advertisement or website; it’s the person who is making the call. Channel consistency is critical to ensuring test validity.

On a website, you can completely control the presentation of value. That’s impossible to do with phone calls. However, you can make them more consistent by:

  • Providing a detailed script for callers to follow.
  • Training them on how to use the script.
  • Recording all calls and listening to at least 50% of them to make sure tone and inflection are similar from call to call.

Consider every test a winner

Even if a test results in fewer conversions, you still haven’t wasted time or money. You’re just one step closer to understanding what works. In fact, sometimes we learn more from a losing test than a winning one.

Photo attribution: Cropbot

Related Resources:

Lead Generation: How using science increased teleprospecting sales handoffs 304%

Lead Gen: A proposed replacement for BANT

Landing page Optimization online course

Customer Connection: Does your entire marketing process connect to your customers’ motivations?

Landing Page Optimization: Addressing customer anxiety

Landing Page Optimization: Test ideas for B2B lead capture page

B2B Marketing: 3 simple tips for creating PPC ads

November 25th, 2013

Originally published on B2B LeadBlog

When it comes to PPC ads, writing copy with limited headline and description character spaces can be tough.

Copywriting in a confined space can feel more like an art, especially when you consider crafting social media PPC messaging for a highly targeted audience versus search engines ads, in which a keyword strategy impacts your message.

Overall, one thing I’ve seen in my experiences in working with our Research Partners is the basics of copywriting are often a first casualty in PPC ad design. Here are three basic tips for creating ads that you can use to help you communicate effectively with prospects.

Tip #1. Highlight your value proposition

If your value proposition is unclear, you are missing opportunities because prospects are naturally attracted to choices that provide them with the most value.

Your PPC ads should be focused on answering the central question that is at the heart of all your marketing: “If I am your ideal prospect, why should I click on your PPC ad instead of your competitors’?”

Delivering a marketing message that communicates value in less than 100 characters is difficult, but it’s not impossible and absolutely necessary.

Also, here are a few more questions every marketer should ask themselves in regard to value proposition development when crafting PPC ads:

  • What problems does our product or service solve for our prospects?
  • How will our products or services improve their business?

Tip #2. Prepare prospects for what to expect after they click

It’s important to remember the job of your ad is just to get a click from a prospect. A way to help you do this is by preparing visitors for the action they will be taking once they have clicked on the ad.

Including information about what visitors can use your website for such as “browsing,” “view pricing” and “save favorites” will clue prospects into what they can do on your landing page.

Tip #3. Relevant images matter

A PPC ad is a lot easier to change than a website. As I mentioned in the last tip, your ad needs to effectively communicate what the visitor can expect on the landing page. This idea is all about relevance.

LinkedIn ads specifically let you use images as part of your advertising, which is a boon to your communication efforts given the old adage that a picture is worth 1,000 words.

The screenshot above is from a few ads on my LinkedIn page that are a good example of why using the right image in your ads is important.

Maybe green neckties are somehow relevant to email marketing, but I’m not seeing the connection.

On the other ad, an image of Cornell’s logo and the 12-week certification copy make much more sense to me as a prospect. Granted, the ad also has some room for improvement, but the image and copy work together to set the right expectations.

To learn more, you can watch the free on-demand MarketingExperiments Web clinic replay of “Optimizing PPC Ads.” Also, feel free to share any recommended tips you have for PPC ads in the comments below.

Related Resources:

Social Media: How Motorola Solutions uses Facebook to generate more engagement

B2B Social Media Marketing: DocuSign’s targeted LinkedIn InMail strategy creates 3 large pipeline opportunities

Marketing Research Chart: What is the biggest B2B marketing challenge?

Email Deliverability: Is Gmail’s tabbed inbox a B2B challenge?

November 18th, 2013

Originally published on B2B LeadBlog

Just when you thought you had this whole deliverability thing down, another challenge rises to the surface.

This time, it’s in the form of Gmail’s tabbed inbox.

 

Google’s new email feature automatically classifies users’ email messages into categorized tabs, including:

  • Primary: friends, family, highly valued messages
  • Social: social network updates
  • Promotions: deals, offers
  • Updates: bills, receipts
  • Forums: online groups, discussion boards, mailing lists

The tabs seek to make email a less overwhelming process for users. However, for marketers, it’s provoked the opposite response. Marketers are worried about their messages being ignored if their emails don’t get delivered to the primary inbox.

While Gmail’s tabbed inbox has incited its fair share of panic in the marketing world since its rollout a few months ago, does it prove to be something you should be concerned about as a B2B marketer?

After all, Gmail is typically consumer-focused, presenting these tabs as more of a B2C hurdle.

In the B2B marketplace, you’re dealing with deliverability to in-house email platforms, so this won’t be an issue, right?

Well, not so fast.

Tom Sather, Senior Director of Research, Return Path, explained the idea of a market-specific email platform is fading. Sather referenced research published by Garter that predicted “at least 10% of enterprise email seats will be based on a cloud or software-as-a-service model.”

“I think we’re going to start to see those lines blur between what a B2B domain is versus what a B2C domain is,” Sather said. “There’s always been a clear-cut difference between them [previously].”

But, even if some of the consumers you’re targeting haven’t outsourced their email platforms, it’s still likely that those consumers do have a personal Gmail account.

This, of course, presents another opportunity for you as a B2B marketer. That’s more real estate you can target to get those consumers to convert, Sather said.

Gmail tabs also allow marketers to purchase ad space within the promotions tab – another viable tactic to pounce on. It parallels the concept of your typical display ad.

“You can purchase an ad and it doesn’t matter whether you’re actually sending to Gmail users or not,” Sather explained.

Though Gmail’s tabbed inbox presents such opportunities for marketers, it has still invoked fear through negative media attention in the marketing realm.

Spencer Kollas, Global Director of Delivery Services, Experian Marketing Services, said the tabs tool has already been practiced in the industry for years via Hotmail and Yahoo’s “other inbox” plug-in.

“We’ve been through these types of fire drills in the past in this industry,” Kollas said. “The bottom line is if you are sending relevant information to users that want it, they’re going to find a way to open it and they are going to engage with your brand.”

Studies are disproving the scare tactics, too.

Return Path published “Analysis: Gmail Tabs Don’t Stop Shoppers” pulling data one week after the tabs were publicly introduced, illustrating early on that tabs aren’t a bad development for email marketers.

The report showed that highly engaged users – those consumers who matter most to a marketer – increased their read rate with tabs by 2.11%. The study explained “Gmail’s tab feature made it easier to do something they like doing: shop.”

Based on the above findings and opportunities, Gmail’s tabbed feature could make it easier to do something you like doing, too: attracting consumers.

Related Resources:

Email Marketing: Your Deliverability Questions Answered

B2B Email Marketing: How reputation, content and brand management affect deliverability

Email Deliverability: Getting into Gmail?s ?Priority Inbox?

B2B Mobile Marketing: 3 ideas on where to spend your next mobile budget

November 11th, 2013

Originally published on B2B LeadBlog

It’s hard to believe that this December will mark 10 years since I received my first cell phone as a gift on Christmas morning.

It was a black and white Nokia that I used for three things:

  • Phone calls
  • The occasional text
  • Playing “Snake”

Needless to say, mobile devices have come a long way in 10 short years, with Americans now consuming 12% of their media through mobile phones. While this evolution of mobile devices has widely made accessing the Internet far more convenient for consumers, it has added a whole new challenge for digital marketers.

Although this media consumption is centered on B2C consumers, it’s worth keeping watch for two key reasons:

  1. The lines between B2C and B2B are growing more blurry (and debated) as B2I grows in relevance
  2. More than half (52%) of B2B marketers consider mobile marketing very important to influence their company growth in the next three years

We all know that mobile users are different. They want to find their valuable information quickly and easily. This is not always an easy task given the small screen size and touch functionality found on most mobile devices, but it is certainly not impossible to provide users with a compelling, user-friendly mobile experience.

In today’s B2B Lead Roundtable Blog, I’m going to share three spend ideas to help you balance value and reduce the overall user friction in your mobile experience.

Spend #1. Make convenience essential

Mobile users are exactly what their name entails. They are typically on-the-go and may not have long periods of time to learn how to navigate a site.

Ensuring that prospects can find the information they want as quickly and easily as possible is essential to ensure users have an enjoyable visit.

This is often difficult as mobile visitors expect a level of value similar to your website in a simplified format. But, there are options available to make your mobile site very convenient.

Utilizing one-touch tools across your mobile site will allow visitors to easily navigate without having to select multiple small calls-to-action.

One-touch CTAs allow the user to perform actions such as calling for assistance, finding a location near them, and adding an item to the cart. These are to ensure that a user can navigate as easily as possible.

Spend #2. Keep the mobile experience simple

As I’ve mentioned, your mobile experience should be convenient and user-friendly, allowing the visitor to easily access the information they are looking for.

Presenting them with a cluttered layout is the quickest way to get a user to bounce from your mobile site. Therefore, keeping it simple is the key to your success. While this may seem fairly intuitive, making this step a reality can be difficult.

Users come to a mobile site expecting it to have the same functionality as the desktop version, but on a screen a fraction of the size. It is extremely important to test your mobile site to determine the information and features that are most important to visitors, eliminating all unnecessary clutter.

While there will always be people in your organization that argue against the removal of certain information and features from a site, maintaining a simple layout is crucial to the success of your mobile site.

Spend #3. Keep the experience congruent across devices

This may be the one of the most difficult steps to accomplish when developing a mobile site, but in terms of continuity, it’s vital.

While your mobile site must be optimized for the mobile user, it should still have a similar feel to your desktop experience.

Let’s use Boeing as an example of what I’m talking about in terms of keeping your aesthetics congruent across multiple devices.

Many mobile visitors will already have a familiarity with your brand and have likely visited your desktop site prior to accessing the mobile version.

So ideally, you want to ensure that the form and function of your mobile site are similar to that of your desktop version.

This will give these users a sense of familiarity with the site, even if it is their first mobile visit.

Even when your mobile site uses a similar structure, many users may still prefer the desktop version of a site. Make sure that you include an easy-to-find link – typically placed in the footer – allowing visitors to switch to the desktop version of your site on their mobile devices.

While creating an engaging mobile experience is not an easy feat to accomplish, it is certainly not impossible given the tools and resources available today.

Hopefully these three ideas will help you strike the right balance between value and friction on your own mobile site.

Also, share any tips you have for helping marketers develop a great mobile experience in the comments below.

Related Resources:

Mobile Marketing: What 4 top B2B companies can teach us about mobile

Lead Generation: Who knows the customer better – Marketing or Sales?

Lead Management: 4 principles to follow

Multichannel Marketing: 6 challenges for planning complex campaigns

November 5th, 2013

“The medium is the message.”

Or so says Marshall McLuhan.

But, when I think of cross-channel and multichannel marketing, I often think of the words of another 60s icon – Jimi Hendrix.

“You’re just like crosstown traffic, so hard to get through to you …”

Cross-channel marketing is difficult because it often involves lots of coordination to keep the messaging consistent.

For instance, you have the players involved …

Multiple departments (and often multiple companies), ranging from:

  • The brand
  • Agency vendors
  • Media partners
  • Channel partners
  • Freelance writers
  • Franchisees
  • Really, you name it

Also, don’t forget about the process …

You must get buy-in on budget, launch dates, incentives, brand use, legal regulatory compliance and real estate on the homepage or in-store.

The list goes on.

Needless to say, it can be very hard to get through to everybody.

So to help you herd cats … I mean, to help you with multichannel campaign planning, here are tips to help you overcome some key challenges. These are meant to give you a heads up on potential land mines you might hit and challenges you might run into, before you hit them, so you’re able to coordinate with all parties in a smooth, efficient manner.

Or, at the very least, appear to have some of your ducks in a row.

 

Challenge #1. Knowing who you’re talking to

No campaign, not even a multichannel campaign, should start with channels. Or even a message.

It should start with a person.

The customer.

It’s even better if you’re able to segment this starting point into several types of buyers.

“As the world becomes more connected and the consumer really has the ultimate control of the brand, I think it’s even more important that we put their perspective first in our marketing efforts,” said Tami Cannizzaro, Global Director of Marketing, Social Business, IBM.

Tami shared some of the persona work she’s done with IBM as an example …

 

“We developed ideas around the different possible stakeholders in an enterprise-buying decision. We put thought into their personalities and lifestyles,” Tami said. “I think the most important piece of the exercise was that we thought outside our standard viewpoint, put aside our knowledge and assumptions of the market, and considered our customers’ various needs first and foremost.”

To put a face behind those customer segments, you can include fun little doodles, real pictures or stock photos, but most importantly, try to put yourself in the customers’ varied shoes.

A mistake I often make is to think about how I would react to a certain message or piece of content that I’m working on. But, unless my audience is comprised only of devilishly handsome directors of editorial content living in Jacksonville, Fla., I’m missing the boat.

A great example of this often happens at marketing events. A speaker will ask, “How many people in the audience have smartphones?”

Invariably, 99% of the audience raises their hands. Then, they’ll say, “See, everybody has smartphones!” and then proceed to harangue the audience for not engaging in mobile marketing.

But, unless your target market is people who attend the same marketing conference as you, by following this advice, you are not considering the customer. If, for example, your audience is poor or old, mobile marketing may not be a priority for your company’s marketing budget.

So, never make the argument, “Well, I would love a campaign like this.” Instead, take a good, hard look at “Oliver Old Skool” in your buyer persona, and ask, “What would Oliver think?”

 

Challenge #2. Hitting it where they are

The purpose of a multichannel marketing campaign isn’t to get your message out to as many channels as you can. It’s to get your message out to the most effective, most efficient channels.

“A millennial is likely going to interact with greater frequency and preference on mobile, so mobile would be a priority channel if you’re targeting that audience. If you’re trying to reach a senior B2B buyer, that might not be your best channel,” Tami said.

“Social properties like Facebook and Twitter may provide you data and insight into your customers, your owned properties can provide your insight into how your customers seek information, engage and transact with your brand,” Tami suggested.

The personas can really help here, as well.

“Millennials might like less text and more video. The techy guy might like more hands-on demo. [The persona] forces the exercise of targeting so your website isn’t completely generic,” Tami said.

As you’re selecting channels, budgets have a way of focusing the mind. After all, if we all had our druthers, who wouldn’t want a Super Bowl spot? But, the varied channel costs, much like a fantasy football draft, force us to make those trade-offs.

As an example, in our “How much should leads cost?” panel at MarketingSherpa Lead Gen Summit 2013, Tom Reid, Executive Director, Hacker Group, shared the following media mix review for a health care company …

 

So, how do you get started?

“By starting with small tests and proper Web analytics and attribution, marketers can get a good enough grip on the role each channel plays towards reaching the campaign objective and allocate budgets accordingly,” advised Lori Davis, Online Writer, Qwaya.

 

Challenge #3. Finding their voice, not your voice

Once you know where to say it, you have to know what to say.

“Too often brands lead with product-focused messaging. It’s the wrong approach. Customers don’t know what you’re talking about, or worse, know that you’re trying to sell them something without providing them value. That’s a branding misstep,” Tami advised.

“Marketing should approach any customer-facing campaign by putting their customers’ needs first; it should provide value, it should be like a service. You need to build a conversation with your customers and first speak to their interest or pain point and then, after multiple interactions, consider a solution. It’s about relationship building.”

 

Challenge #4. Creating a consistent message and experience

To help build that relationship, once you know what you want to say, you must ensure everyone is saying the same thing across all channels – with a seamless customer experience to boot.

If the email department sees the campaign focused around luxury, and the agency copywriters creating prints ads think the message is about value, there can be a serious disconnect to the consumer.

As you’re thinking about this, take a look at the world of politics.

Political parties are essentially one big brand, with hundreds of owner-operator franchisees.

It’s also a world where a single slip-up by any one of those owner-operators will be broadcast across the 24-hour news networks and blogosphere with a maddening speed threatening to torpedo the brand.

To stay on the same page, the parties create talking point memos.

“In an attempt to influence public opinion, the leaders of both major parties — Democrats and Republicans alike — craft talking points, scripts for rank-and-file members to follow when discussing particular policy issues. Talking points, when used frequently, become the party line.” – FactCheck.org

Likewise, when you are launching a complex campaign across many entities, you need to ensure the messaging, and central thesis behind the entire campaign, is understood and embodied by all involved.

Your brand comes into play here. A clear primary value proposition along with derivative value propositions is essential.

But, it would also help to have your own version of a talking points memo. Tami presented a Campaign Message Map at Lead Gen Summit that her team uses, and she was kind enough to allow you to download it for free and use it for your own campaigns.

“We start by building a very simple conversation map. It starts with key pain points of our customers, then drops to the business value and finally to our capabilities,” Tami explained.

 

Beyond messaging, there is also the functional aspect of ensuring a consistent experience from one channel to the next.

“Only marketers think in terms of channels – consumers don’t. They consume content, not caring if it’s via the ‘mobile, social channel’ or via the ‘print channel.’ Keep that in mind to make sure the consumer’s transition between channels is natural,” Lori said.

Lori provided this example, “If you advertise a URL in offline media, make sure the website provides a good experience on mobile devices. Sounds obvious, but it is often missed.”

The next level is to gain a single view of the customer.

“You need to create a consistent experience and then you need the ability to track your customers whether in-store, online or via mobile so you have a single view of the customer and can personalize their experience in a way that they will appreciate, to build loyalty,” Tami advised.

Read more…

Lead Nurturing: How a social business strategy can help you move from selling to helping your prospects

November 4th, 2013

Originally published on B2B LeadBlog

At MarketingSherpa Lead Gen Summit 2013, I had the privilege of sitting in on a session with Todd Wilms, Head of Social Strategy, and Adriel Sanchez, VP, Demand Generation, both of SAP, as they discussed how they use a business model called “social business” to help their teams across the globe engage local audiences.

So, what is social business exactly?

While it would seem intuitive that social business is a social media best practice, that assumption could not be further from the truth.

Or as Todd declared, “The difference between social media and social business is the difference between throwing a bullet and shooting it.”

According to Todd, social media, social media marketing and social business are three very distinct concepts.

Todd said SAP uses social business as a strategy that employs social media, social software and social networks to drive a mutually useful connection between people, information and assets.

“Social business is really how do you take all of those concepts of social media, all of the things you’ve been doing around social media marketing, and define them against business outcomes for your organization,” Todd explained.

Sales leads as you know them are changing

Todd made the case for transforming to a social business model by describing how the very idea of the “lead” is changing at a faster pace than Marketing can keep up with.

“This idea of moving from ‘sell’ to ‘helping your customers buy’ is at the heart of social business. It’s a model that the customer is going to make the decisions already, they’re going come to you when they are ready,” Todd said.

From strategy to practice

Adriel also mentioned as evolving buying habits exert more pressure on lead nurturing, today’s common lead nurture tactics — teleprospecting, webinars, trade shows, email, etc. — will need help from social media to remain effective.

“These tactics need help because they’re not giving you access to the full universe of people that are interested in buying your solutions,” Adriel said.

Here are three tips Adriel shared with the audience to help you use social media to aid your lead nurturing efforts.

Tip #1. Listen for what people aren’t telling you directly

Adriel explained SAP uses social listening tools to follow social media conversations by:

  • Filtering for keywords that indicate lead-relevant activity
  • Following key accounts directly
  • Understanding the needs of your customers’ customer

This allows the team to sift through the massive amount of conversations to find those that may be potential leads with an added bonus ?

“Listening to those conversations on social media can give you incredible insights into the types of content that you can use to nurture those leads,” Adriel explained.

Tip #2. Seed the conversation with what you want to talk about

Adriel advised if you want to steer the conversation toward your solutions in the marketplace, your approach should be consistent, but also smart.

Here are some of the key strategies he revealed SAP uses to guide social conversation:

  • Implement a pragmatic approach
  • Reward top contributors
  • Enterprise-wide advocacy management tool

Tip #3. Engage judiciously and in the right context

Adriel explained once you’ve identified lead-relevant conversations, the next challenge is engagement. Adriel also explained the context of how you engage in the social media channel is vital to success.

“You could be talking to the right people, have a great offer and terrific creative, and while that may work in email, it can fail in social media because the context is different.”

Here were some of his suggestions to help your company engage in the right context:

  • Educate your sales force on how to engage in social selling
  • Leverage your call center for inbound lead engagement
  • Bring customers and prospects together in social channels

Adriel warned in regard to the contextual differences between engagement in social media and different channels, prospects in those different channels will likely have different thresholds for how they absorb marketing messages.

“The accepted norms in that channel are different and peoples’ tolerance for marketing-related materials is different.”

Related Resources:

B2B Social Media: SAP Latin America boosts followers 900% [Part I]

B2B Social Media: SAP Latin America boosts followers 900% [Part II]

Social Media: How SAP operationalized social for replicated worldwide success

Why Social Media is the New Customer Service Hotline

Marketing Careers: Why gut instincts are only artificial marketing brilliance

B2B Marketing: What an 11% drop in conversion taught a live audience about lead gen

October 28th, 2013

Originally published on B2B LeadBlog

Recently, we ran a live test for our audience at MarketingSherpa Lead Gen Summit 2013 and as I discovered, this isn’t the easiest thing to do.

The greatest difficulty rests in thinking about lead generation and optimization in new ways – and hoping those ideas produce significant results.

For example, the design process forced us to examine two important questions: what is a quality lead, and how do we measure it?

Live test background

For the past couple of months, we’ve been planning and designing a live test for the recently held Lead Gen Summit 2013.

During that planning, we had to address a paradox that exists in lead generation.

Marketers typically want more information about their leads. This translates to more form fields on a lead generation form.

What they are also doing is adding more friction to the lead capture process, which increases the likelihood for a potential lead to say “no” to your form and abandon the entire process.

So, how do you find the right balance between lead quality and quantity?

For our test, we tried to meet in the middle.

Control

The control lead gen page design was a single offer, short form page that featured only four form fields with a free downloadable MarketingSherpa Quick Guide, a $45 value, as an incentive.

We needed to identify a baseline for comparison to the other treatments. This control allowed us the opportunity to test multiple aspects of lead generation in one test.

Does choice of incentive lead to higher perceived value which results in more lead completions? Will this perceived value be enough for visitors to battle more friction in a longer lead generation form?

 

Treatment #1

In Treatment #1, the design was also a short form layout. We hypothesized offering a choice of Quick Guides would allow visitors to perceive the incentives as having a higher value and increase overall lead captures.

And the crowd goes wild conservative

We left Treatment #2 up to the audience at Summit to design. We asked them how many additional form fields they wanted and what those form fields should be.

Surprisingly, 44% of our attendees decided to be conservative with their selection.

They chose to only add one additional form field. This could be a representation of what attendees were learning at Summit in regards to form length and completion rate.

But keep in mind, even though one additional form field was the majority vote in this case, there were still many attendees who wanted more form fields (56%). We did not have a chance to ask them why they made the decision they did, but I think it is reasonable to assume they wanted more lead information.

Now, let’s look at what type of form fields the audience wanted to add.

The audience’s choices continued to intrigue us. Job title was the top pick for the additional form. The majority may have decided a deeper context over direct contact was more valuable.

These marketers may have suspected that a phone number field was risky (phone number fields are susceptible to fake numbers) and decided to play it safe with job title.

Treatment #2

A concern our team had based on the audience’s treatment design was that the variation between the control and treatments had relatively low friction to begin with. How much friction can one additional form field about job title really add?

Apparently, it created a lot.

Results

There was no statistically significant difference between the control and Treatment #1, where the only difference was a choice of offers.

However, there was a statistical difference between Treatment #2 and the control. Treatment #2 decreased lead generation by 11.9% at a 99% level of confidence.

One form field had a significant impact and it wasn’t even a high friction question, just job title.

Our live test reiterated the point that marketers need to be strategic with lead generation forms. Prioritize the information you ask for and limit what you do upfront because it may lead to a negative impact on your overall lead generation.

Related Resources:

Lead Generation: How one additional form field decreased conversions 11% [Lead Gen Summit 2013 live test]

Lead Generation: How using science increased teleprospecting sales handoffs 304%

Lead Gen: A proposed replacement for BANT

Lead Generation: Who knows the customer better – Marketing or Sales?

Customer Relationship Management: 5 steps for finding the right vendor for your data hygiene

October 21st, 2013

Originally published on B2B LeadBlog

The quality of your database represents the quality of your customer and prospect relationships.

Here’s why: Effective marketing depends on relevant messaging, and relevant messaging depends on how well you know your customers.

For instance, at best, your email will be tuned out, ignored or lost. And, at worst, you’ll be labeled a spammer if you:

  • Use the wrong name in the salutation or send to someone who has left the company.
  • Send emails that detail tactical how-to’s while the recipient has long been promoted to a position that requires more strategic, bigger-picture knowledge.
  • Offer solutions that are obviously unaffordable for the recipient.

The problem is cleaning and appending databases — making sure they’re accurate and contain all of the information you need to send the most relevant information — isn’t as glamorous as branding or content strategy. So, it’s easy to overlook. But no matter how beautifully you decorate the house, if the plumbing doesn’t work, you can’t live there.

It would be great if cleaning and appending data was something you only needed to do once. However, much like the plumbing I mentioned, the things we rely on eventually need maintenance to uphold that reliability.

When you consider there will always be changes in buyer behavior at play that will likely result in the need for rapid changes to your B2B marketing efforts, it becomes apparent that effective data hygiene is an ongoing process. Conceivably, if you avoid cleaning data for a year, 60% of your database could be obsolete by the end of those twelve months.

Receive help with your data

With all of the demands made of marketers, keeping data clean can be almost impossible to do on your own.

That’s why I’m involved in hiring a vendor to support MECLABS with this monumental task.

There’s a multitude of data vendors and sometimes it can be easy to go with whoever is the cheapest. But, cheaply acquired data is often the most expensive — it can be rife with inaccuracies.

You want to make sure the vendor you choose can live up to its marketing. This is why it’s wise to invest the time and effort to test prospective vendors before hiring them.

Step #1. Compile a list of vendors

So, where do you begin to search?

For us, the ideal place to start was by compiling a list of vendors recommended to us or have been used previously for smaller projects.

Step #2. Determine what information is most important

In our case, it was:

  • Contact name
  • Job title
  • Company name and company address
  • Contact phone number and company phone number
  • Industry/SIC
  • Revenue

Step #3. Weigh each record field by value

Assign weighted values to each of the appended items depending on your needs. For instance, if job title is most important, then give it a higher weight than company address.

Here’s a weighted version of the list from the example above:

  • Job title: 5
  • Contact name: 4
  • Company name and address: 3
  • Contact phone number and company phone number: 3
  • Revenue: 2
  • Industry/SIC: 1

Step #4. Use a large enough list to sample test vendor accuracy

We started by taking a list of 100 records we knew to be highly accurate and stripped out some of the data.

Next, we added those 100 records to a list of 900 additional records to create a test list of 1,000 total records that we sent to each vendor.

Once a vendor finished appending, we then pulled the 100 records we knew were accurate from their work and cross-checked them for accuracy.

We also used additional verification sources like LinkedIn to help double check the data in the samples to make sure each vendor’s quality was accurately assessed.

Step #5. Add up the scores and consider any other factors

The vendor with the highest score from your testing will likely be your best choice, but there are factors of completion time, size, cost and complexity of data to consider in your overall decision.

Selecting a vendor can be difficult, so I hope these steps will help put you on the path to having the cleanest and most relevant customer information possible.

One more thing…

How do you handle data hygiene?

If you have any other data cleaning recommendations, I would love to hear about them in the comments section below.

Related Resources:

Do You Expect Your Inside Sales Team to Practice Alchemy?

How to Build a Quality List and Make Data Drive Leads

Webinar Replay: Teleprospecting that Drives Sales-Ready Leads

List Buying: 6 tips for buying the most effective lead list