MarketingSherpa Blog

As a member of the famous MIT Blackjack Team and the inspiration for the main character in the book Bringing Down the House and the Kevin Spacey film 21, Jeff Ma knows a thing or two about gambling.

Scratch that — Jeff Ma isn’t a gambler. That’s because every move in blackjack has one correct decision. It’s just about understanding basic strategy, and implementing it. Remove human instincts, or “gut feelings,” and you will stack the odds in your favor.

Currently the senior director of analytics at Twitter (after selling his startup to the social network) and a former predictive analytics expert for ESPN, Jeff spoke to the MarketingSherpa Summit audience about how to use data and analytics to come out on top with customers.

By using data to overcome emotional biases, Ma said, not only can marketers win big with customers, but they’ll also build influence within their organizations.

Learning to make better decisions

It all begins with increasing your odds by using basic strategy.

“A lot of people don’t use basic strategy, which is why we’re so bad at making decisions as a people,” Jeff said. “Decisions are best when you have data behind them.”

One common mistake people fall prey to is omission bias. Basically, people don’t want to be perceived as the agent for harm to themselves — or their company. As Jeff put it, people would rather make a decision with a lower chance of success if the “dealer” or “fate” beats them, rather than going with a higher chance of success that, if it fails, will mean they’ve made a “bad” decision.

Or to put it in Vegas terms: big risk, big reward.

There are no bad decisions — only ones informed by data

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While the jury may be out on 2016 as a whole, marketers have had a very exciting year, and MarketingSherpa (if we may say so) has hopefully shown a spotlight on it through our content.

In light of celebrating the good of 2016 as we’re all madly planning what 2017 will bring, we’re revisiting the most popular articles from the past 12 months. Looking back at top content helps us see what our readers found to be the most helpful and valuable content, and it helps you to know what your peers are looking for.

Below, see where we’ve been this past year using the nine most popular articles to find what elements you might want to bring with you into 2017…

#1. Six Places to Focus to Make your Website a Revenue Generator

We have more digital marketing channels than ever before, but it’s become even harder to connect with customers.

One thing’s become clear, that there is a growing divide between those who are fully engaged with digital marketing and those who are still figuring out the fundamentals. This interview with Kristin Zhivago, President of Cloud Potential, goes over her report on “revenue road blocks,” as a deep dive into what she’s discovered to help marketers quickly close this digital marketing gap and do better.

If marketers directly address getting the six key focuses covered in this blog post right, you can move forward and close the gap between digital and customers.

Read more…

This week the MarketingSherpa team is live in Las Vegas at Summit 2016. We are so excited to see all of the attendees who came out to learn with us at the beautiful Bellagio, and with thirty speakers diving into case studies on topics such as Digital & Data, Content & Social and Email & Mobile, there is so much to learn from our marketing peers.

This morning, Morgan Spurlock, Academy Award-nominated director and one of our featured speakers at MarketingSherpa Summit 2016, presented “The Greatest Lecture Ever Told.”

Read on for some of the many insights Spurlock shared with the audience.

Marketing is storytelling

Morgan opened with the idea that, with storytelling, you don’t want to be like everyone else — you want to bring something unique to the table — and you want to do the right thing, from a moral standpoint. And yet, you don’t want to go too far and be too crazy. “What does it take to create original stories that can make a difference?” Morgan asked the audience.

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No matter which division of marketing your team works in, you’d probably love to grow your team. You know your team is doing well, achieving great success, but how do you get that success noticed by leaders in your organization?

During Day 1 of MarketingSherpa Summit 2016, Brian MacDonald, Senior Manager of Digital Marketing, Hewlett Packard Enterprise, shared his journey to overcome this challenge.

Brian is a huge movie fan, and drew inspiration from Pixar director and screenwriter, Andrew Stanton, in his quest to get his team noticed and gain more budget.

Storytelling became his strategy. Brian is responsible for the IT Experts Community, as well as community strategy and blogging. His previous team of three did some great things that he didn’t feel were well seen by higher ups.

“How can we build a story around it to get people to care?” Brian said.

With movie making as a basis for his strategy, Brian came up with a five-step process for storytelling to internal audiences and stakeholders.

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We will be evolving this year to keep up with our audience — you.

This year’s MarketingSherpa Awards extend beyond just email marketing and include marketing campaigns across all disciplines. All year long, MarketingSherpa covers compelling stories in the B2C, B2B, email and inbound spheres, so why shouldn’t our yearly awards?

The three-month process of rewarding talent is a serious endeavor. The selection process included 50 hours of pre-screening more than 300 submissions, followed by 15 hours of group deliberation by our panel of five judges. As we searched through stacks of awards and speaking applications, we were looking for a team that could carry on the legacy of previous years’ winners.

It’s now your turn. We’ve narrowed the submissions down to four of the best campaigns, and you can now vote for your Readers’ Choice Award winner through November 10. After voting, please share your favorite nominee or insight on social media.

All of the campaigns met our judging criteria:

• Be transformative
• Be customer-centric
• Be innovative
• Offer transferable principles that marketing peers can apply to their efforts
• Display strong results

From here, it’s up to you to decide which one deserves top honors.

Have different criteria? Thoughts to share on any of the campaigns? Let us know in the comments.

Among many others, here are four lessons you can expect to take from this year’s Awards:

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One of the most talked-about marketing trends at the moment may also be one of the most effective. According to Demand Metric, content marketing generates three times as many leads as traditional outbound marketing while costing 62% less.

At MarketingSherpa Email Summit 2015, Courtney Eckerle, Manager of Editorial Content, MarketingSherpa, sat down with Stephen Bruner, Marketing Manager, Precor, to discuss the value of content marketing and segmentation as well as the benefits of implementing a strategy using both of these marketing methods.

Precor is the second largest fitness equipment manufacturer in the U.S. and third in the world. Its clients are primarily fitness clubs and consumers. The company focuses on helping each of these consumer segments find the best products for their needs.

Watch the video excerpt from the MarketingSherpa Media Center to learn more about the relationship between content marketing and segmentation:

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When I first started at MarketingSherpa, I was hired under the title of “Visual Storyteller.” Although that title is ambiguous, I learned that I was hired to address a pain point that many professionals face: using PowerPoint efficiently.

My title has since changed, but I remain an advocate for fluent visual expression in the same way that editors are keen on using words efficiently.

As part of my position, I’ve consulted with many speakers over the past few years on creating effective presentations.

Time and time again, I find that confusion lies in how to treat PowerPoint. Many think of PowerPoint as a presentation buddy — that content is on the slides and coming out of the speaker’s mouth and bullet points are simply needed to reinforce the speaker’s message.

This is not true. A person can only process about 1.6 conversations at a time. He can choose to either listen to you or read your slides. The other .6 gets split between emails, texts and interior monologue, to name just a few other channels.

The dictators of any presentation include: audience, context, purpose and design.

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Speaking at events offers a great opportunity for marketers to build their own personal brand and reputation in the industry as well as improve their career. It also provides a way for solutions providers to gain credibility through customer success stories.

However, getting on stage is easier said than done.

If you’ve ever applied to speak at an event, you probably know that it can take a while to hear back from application evaluators, if you hear anything at all.

Having applied to speak at several events in the past, I can relate — but I also have the inside scoop on what happens on the agenda-building side.

Over the past couple of weeks, the MECLABS content team, myself included, has been hard at work sifting through hundreds of speaking applications for MarketingSherpa Email Summit 2015 in Las Vegas.

I’ve spent over 30 hours reading through applications, analyzing blog posts, watching videos and reaching out to applicants.

During those long hours, I began to develop four fundamental questions to ask myself when sorting applications into the “yes” or “no” stack, and I want to share those four questions with you:

1. Did you take time and effort to explain your story completely?

It’s disheartening to see people throw away an opportunity to win over the evaluators. Applications where you’re given the chance to tell someone about your story should take more than a sentence or single word, or, big oops, left blank entirely.

This is your chance to tell your story. Give the application reviewer a story and let them imagine how it would be presented on stage.

If you’re the hero of the story, explain the challenges that you overcame.

Be a storyteller in your application. J.K. Rowling could have summed up all the Harry Potter novels by simply writing, “Harry Potter went to school and learned how to overcome challenges.” Instead, she expanded this story into seven complete novels, detailing the events that unfolded and inviting you into the life, experiences and thoughts of Harry, not just offering the world a simplified plot.

The art of storytelling — even in a speaking application — is important and will set you apart from the hundreds of other applicants.

The effort that you put into your application is a preview of the effort that you’ll put into the content you present.

If we ask for a video and your reply is, “I have one, but I can’t find it,” we’re not going to go look for it. If you write, “Will provide video upon request” under the section where we requested a video, your application will likely be disregarded altogether.

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Originally published on B2B LeadBlog

Our sister publication, MarketingSherpa, publishes three weekly newsletter case studies, and in the B2B beat in particular, those weekly articles routinely feature a story covering marketers tackling lead generation for the complex sale.

For this B2B Lead Roundtable Blog post, I want to offer four of those case studies published over the last couple of years addressing that very topic.

If you only have a few minutes, this post provides highlights from each case study. But, if you have more time, or if one really strikes you, click on the link for the entire article and supporting creative samples.

Case Study #1 — Local B2B Marketing: 150% boost in lead generation

This case study covers how a commercial cleaning and janitorial services franchise created an Internet-based direct response marketing machine. Before this program was created, the company had a rudimentary Web presence — essentially no Internet marketing and no digital marketing strategy in place.

To create the program, the team began with the website and from there, added paid search and SEO to the digital marketing initiative. Another major piece was ongoing testing and optimization on all the new online marketing channels.

This effort led to lead generation through website form registration, and even phone calls from prospects who initially found the company through the digital marketing.

What were the results?

• 3.37% average conversion to sale across all Internet traffic sources
• 150% increase in lead generation from 2010 to 2011
• 1,500% ROI on SEO in 2011
• 200% ROI on PPC in 2011

Case Study #2 — Lead Generation: Revamped marketing automation and CRM technology drives 75% more leads

Technology is a major factor in effective lead scoring and nurturing once that lead has been generated.

A provider of management services for technology assets serving the mid- to large-enterprise market found that its technology setup had a problem ? the automation solution and CRM system were operating in tech silos and, most importantly, not sharing data.

To meet this challenge, the team audited the current situation, and ended up replacing both existing marketing automation and CRM solutions, and found new technologies that were more integrated.

With the integrated technology in place, a lead scoring process was created, the contact list was built out, leads that Sales couldn’t close were nurtured, and the enterprise even found a higher level of Sales and Marketing alignment. Also, after the first year, lead generation improved 75%.

Case Study #3 — Lead Generation: Targeted event marketing effort leads to 300% ROI, generates 140 qualified leads

Technology and automation are vital and valuable pieces of marketing today, but the personal touch still has its place.

A provider of OEM equipment for printing companies created a campaign that combined event marketing with direct mail, email and teleprospecting both before and after a trade show to create brand awareness and new opportunities.

In this campaign, the company segmented its prospects for targeted marketing, came up with different incentives — such as trips to the company headquarters, or admission to a major league baseball game — for each stage of the campaign, utilized PURLs to track response to the campaign, and used telemarketing to highly qualify prospects.

This particular campaign resulted in a 300% ROI.

Case Study #4 — B2B Lead Generation: 300% ROI from email and teleprospecting combo to house list

This final case study is about how a drug information provider for health IT companies leveraged the knowledge that its conversion rate was much higher with already engaged prospects, so the goal was to increase ROI by focusing on what the team called “known” contacts.

The effort began with segmenting the list to uncover those known contacts. From there, the segmented group received an email with the goal of priming the recipients for follow-up calls instead of seeking a direct response to the email send. The first call was made within several hours of the email send.

Four days after contacting via telephone, a second email was sent. This email?s messaging featured a personal touch and referenced the earlier email and phone call. The second email was also followed up with a call.

The campaign resulted in a 13.4% average conversion rate, with a conversion being a scheduled meeting, and 15.9% of prospects scheduling meetings becoming customers. All of this amounted to a 300% ROI on the campaign.

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Lead Generation: How to empower your program like Siemens Healthcare [Video]

B2B Lead Generation: 6 social media tactics from 7 experts [How-to article]

Marketing Research Chart: Most widely used lead gen tactics [MarketingSherpa Research Chart of the Week]

Questions Every Marketer Should Ask of Lead Gen Forms [More from the blogs]

At MarketingSherpa Lead Gen Summit 2013, Joe Pulizzi, Founder, Content Marketing Institute, shared some of the forgotten strategies for generating epic content.

One of those strategies revealed how creating a mission statement for your content can help you define the desired outcome for your content marketing efforts.

So in today’s MarketingSherpa Blog post, I wanted to share two questions every marketer should ask about their mission statement to help craft (or refine) the ultimate purpose for content creation.

Question #1. Is our purpose clear?

Here are two examples Joe shared of mission statements that are clear and concise in their purpose and intent. They also have one other unique similarity that’s worth mentioning.

Their focus is exclusively on helping customers instead of trying to sell to them, or as Joe explained:

“It’s not about trying to sell more,” Joe said, “It’s about what is the outcome for my persona.”

Question #2. Who does our content serve?

Joe also explained that creating a mission statement help fill in the strategy gaps is essential to give content a much needed targeted focus.

“This is part of the strategy that most of us don’t have,” Joe explained.

Here are three recommendations Joe had for crafting (or refining) your content marketing mission statement:

• Core target audience – Who is your persona? What are you talking to?
• What will be delivered? – Is this information useful?
• The outcomes for the audience – What will your audience get out of consuming your content?

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