MarketingSherpa Blog

Originally published on B2B LeadBlog

Lead nurturing involves a number of activities and channels such as ?under the hood? tracking and scoring of prospects behavior and engagement with your campaigns as well as follow-up telephone at times whenever that tactic fits into an overall lead nurturing program.

However, the key channel for lead nurturing is email — particularly using email to send a series of relevant content pieces or offers to prospects as they move through the buying funnel.

In previous B2B Lead Roundtable Blog posts, I’ve offered a group of MarketingSherpa case studies based around a particular content area. Today, I’m going to highlight one case study — Email Marketing: 133% ROI for B2B’s first-ever lead nurturing program — on a lead nurturing program launched by Crowe Horwath, a public accounting and consulting firm.

Background on the campaign

Christine Elliot, Director of Content Strategy and Digital Marketing, Crowe Horwath, understood the value of lead nurturing to both fill leaks in the sales funnel and improve ROI.

When she began working with the “performance group,” a business unit within the firm, Christine was pleased to learn that she didn?t need to pitch the value of launching an inaugural lead nurturing program.

The program was based around a 12 to 18-month sales cycle and targeted C-suite executives and large financial institutions with at least $1 billion in assets.

What the team did during the campaign

The first stage was determining content for the program, in this case, based on four topic areas: Dodd-Frank, anti-money laundering, process improvement and core systems. From there the team mapped content to the early, mid and late stages of the buying cycle.

In launching the lead nurturing program, the campaign began with a list of 4,000 executives who would receive a monthly email offer for a piece of content.

To even be entered into the lead nurturing program, email recipients had to download content from an invitation email.

After engaging and entering the program, list members no longer received invitation emails and instead began receiving one email every three weeks with an offer for free content.

The team had 12 pieces of content for each of the three buying stage tracks for a total of 48 pieces of content. The nurtured leads became sales-ready after either downloading three pieces of content or just one piece of late-stage content.

How the team refined the campaign

Once the program launched, both Marketing and Sales met to review the newly nurtured leads and discuss how the program was performing. These meetings led to improvements to the program:

• Instead of filling out a lengthy form, prospects only had to answer a single question to download content. These questions even had the options of “none” and “other” so prospects didn’t even have to provide any meaningful information, but according to Christine, most did. One question asked recipients if they preferred to receive email on a different topic — a question that might change the nurturing track they were currently on.
• Lead scoring was improved after analysis of every person in the program, and the team found out that factors impacting lead quality included: asset size, title and behavior such as changing tracks, forwarding material or downloading at least three pieces of content.

How the campaign performed

What were the results of this campaign?

• 33% of invited executives entered the program
• A 75% to 80% open rate for nurturing emails

This was the first automated nurturing program at Crowe Horwath, and it became a model the team uses to deploy similar programs across the company.

“Now we’re expanding all over the firm,” Christine concluded.

If you found this short excerpt of the case study, clickthrough to read the entire case study with more detail on each step of the program.

You might also like

Lead Nurturing: Pilot campaign increases conversion 32.6% with automated emails [MarketingSherpa case study]

Lead Nurturing: How intent data lifted a B2B email campaign’s CTR 248% and forwarding rate more than 400% [MarketingSherpa case study]

Multichannel Marketing: Combining email and content marketing leads to 35% conversion rate for Elsevier [MarketingSherpa case study]

New products make it incredibly difficult to write effective copy. Most of the time the customer coming to the page has no idea what the product is or how it works, but more importantly, they also have no idea why it matters for them.

To really help your customers understand why a product or service is relevant to them, your copy has to build a “problem.” Take this video for YNAB product that helps you budget in a new way:

I don’t know if you caught it or not, but they spend a full 43 seconds of their 1:52 second video building to the problem. Out of all the problems built in copywriting, video or otherwise, this one is one of the best.

So what do they do to build their problem?

1. They have a clear objective.

You can’t begin to build a problem without a map to the overall objective. The objective of this video is to introduce the product and get people poking around on the website.

Without an objective, you might just be building a problem that you’ll never be able to help your customers out of.

Read more…

It seems like only a short time ago I was sitting at my desk, staring at a fresh new calendar in front of me — an act that spurred feelings of intimidation, daunt and excitement.

But that was 12 whole months ago.

Over the past year, our team of bloggers have written over 100 posts for the MarketingSherpa Blog alone. I’m pulling together the ones that you’ve shared the most over the past year with your friends and colleagues into a single tidy post.

Something that stood out as I sorted the top shares by category (content marketing, email marketing and social media) is that marketers are evolving their mindsets from company-focused messaging to customer-centric messaging.

Content Marketing

Although content marketing may no longer be considered shiny and new, marketers continue to learn how to harness their talents and abilities into this form. No longer are we only marketers, but we are also artists, authors and videographers who strive to reach customers in ways that were not possible only a few years before.

Bolstered by the rest of the categories covered in this post, content is now an essential lighthouse to guide your customer to conversion in a world of saturated and stormy information across the Web.

Posts you shared the most:

• Content Marketing: 9 examples of transparent marketing
• Copywriting: 7 more copy editing tactics to improve your content
• Do You Make These 5 Mistakes in Content Marketing?

What your peers said:

The above tweet is is reference to Content Marketing: 9 examples of transparent marketing.

  Read more…

Originally published on B2B LeadBlog

The holiday season is always a time of reflection for what we have and what we have accomplished over the past year.

However, it is also a time to reflect on all we have learned that can help us improve the blank slate that is 2015.

Read on to find out what B2B Lead Roundtable Blog posts were shared the most as well as the three topics B2B marketers valued most in 2014. You can utilize this information to better inform your 2015 strategy.

Topic #1 — Lead generation is king

Lead generation was a huge topic for 2014 and for good reason. Every lead nurturing campaign, every lead conversion, every sale depends on first generating a lead.

But what’s the best way to optimize your lead gen efforts?

Develop a strategic lead generation portfolio

The best marketers don’t rely on one specific tactic to generate leads. Instead, they utilize a diversified portfolio of channels.

The best way to build this concept is to approach your marketing strategy in the same way a portfolio manager would approach a mutual fund. Namely, this means diversifying your leads, establishing a schedule of when you’ll address said leads and testing every element in this process.

This post offers ideas on how to expand your lead generation portfolio, and features a free downloadable copy of a mind map for lead gen from Brian Carroll’s Lead Generation for the Complex Sale.

Improve the alignment between Marketing and Sales

Not having your marketing and sales teams aligned can be a costly mistake. Luckily, this is also an avoidable mistake.

By simply implementing a few key strategies, such as scheduling frequent meetings between these two teams, you can easily re-align interests and strengthen your overall lead efforts.

Learn 31 tips on how to align Marketing and Sales when it comes to lead generation.

Put you customer first

When you’re in the trenches, it’s easy to get caught up in marketing acronyms, data and analytics. What you need to remember is that, ultimately, lead generation comes down to connecting with people.

This personal connection comes down to one idea — empathy.

Learn about the importance of putting the empathy back into customer interactions, and then read some simple strategies for achieving empathetic marketing.

Topic #2 — It’s all about nurturing. Lead nurturing, that is

More than anything else, lead nurturing can help turn a lead from marketing qualified to sales qualified and hopefully into a sale.

Here are a few tips we learned this year to help you optimize this process.

Stop with the cold calls

In the Internet age of uber-informed and advertising-adverse consumers, cold calling just doesn’t work like it once did.

Instead, in order to score leads, and ultimately drive conversions, marketers need to make themselves a valuable resource to their prospects. This requires a customer-centric approach that involves staying relevant and informed on what the customer wants to learn and then being helpful and building trust through effective nurturing content.

Read on to learn how to modernize your lead strategy.

Learn what qualifies as lead nurturing

What is and isn’t lead nurturing?

A silly question, I know, yet it is one that several marketers continue to answer incorrectly. This seemingly simple concept is one that is actually more nuanced than it seems. Lead nurturing involves providing prospects with relevant and valuable information and helping them on their buying journey, regardless if they ever buy from you. This specialized treatment is much more likely to result in a conversion than sending out generic promotional emails.

Learn the exact definition of lead nurturing, and read some examples about what does and doesn’t make the mark.

Don’t forget about emails

Email is an indispensable tool for today’s marketers, but sometimes the relevancy gets lost between the subject line and send button.

Not keeping your customers first in your email sends can lead to something worse than an ignored email ??it can lead to an unsubscribe.

Read about the benefit of adding lead nurturing to your emailing strategy, and discover six ideas for how to keep relevancy at the front and center of your emails.

Topic #3 — Words, words, words: The almighty power of content

It’s the easiest aspect to overlook, but it’s often one of the most important components in your marketing strategy — your content. Whether it’s the copy in a brochure or a case study about what you’ve accomplished, what you say to your customers and prospects, and how you say it, matters.

Here’s what we’ve learned in 2014 to make content marketing the best it can be.

Build a customer-centric content strategy

How do you create content that your customers will read?

Simple — listen to what they want. Content marketing is an excellent way to introduce customers to your brand as well as to establish yourself as a professional in your industry, but in order to create the best content, you have to first listen to your customers.

Watch Ninan Chacko, CEO, PR Newswire, as he explains the five steps to effective content marketing in this Lead Gen Summit 2013 replay.

Utilize storytelling in your call scripts

When it comes to teleprospecting, it turns out “what” you ask your prospects is just as important as “when” you ask them.

In a 2014 MarketingExperiements Web clinic, testing the time of the “ask” in a call script led to a 31% response increase. The difference? The treatment structured the call script as a story.

Learn more about why transforming the call script into a story resulted in this dramatic increase.

You may also like

The Most Important B2B Marketing Metrics for CEOs [More from the blogs]

10 Ways to Optimize Your Lead Conversion Rate [More from the blogs]

3 Factors that Connect Value Prop to Prospects [More from the blogs]

B2B Marketing: A recap of content and customer-centric marketing in 2014 [MaketingSherpa case study]

B2B Email Marketing: Ferguson Rewards trade show optimization achieves over $10 million [MarketingSherpa case study]

At Email Summit 2014, MarketingSherpa Reporter Allison Banko interviewed email marketing experts, asking, “What elements do you think are important to implement into your email campaigns this year?”

While responses to the question varied by industry and company size, experts remained keen on delivering constantly diversified experiences for customers.

Identifying elements of email that marketers can harness to see improvements in their campaigns captures the spirit of Email Summit. Leveraging experts that live, breathe and sweat email marketing to help attendees improve their email is a highlight marketers take back to the office.

The big takeaway: Find a way to break through the noise of the inbox.

“We’re going to continue to try to find ways to get close to our users so they feel like we understand them,” Ryan Blomberg, Director of Engineering, Eventful, answered when asked how he’s planning on improving his already award-winning personalization campaign.

Watch this compilation video below for more detailed tips on tactics that you can implement in your own email campaigns.

At Email Summit 2015, experts will share their top takeaway of 2014 in six minutes or less on stage during our Quick Tips session. In these sessions, experts will be working against the clock to communicate their biggest lesson from 2014 and what they mean for your email campaigns.

You might also like

Marketing Research Chart: How do marketers perceive the ROI of email marketing? [MarketingSherpa chart]

Email Personalization: 750% higher CTR and more revenue for ecommerce site [MarketingSherpa case study]

Segmentation and Personalization: How Eventful transformed its email program and increased purchases by 66% [MarketingSherpa video archive]

Email Marketing: 5 tactics to personalize your email message for better results [MarketingSherpa webinar archive]

All marketing is built on trust. Without trust, customers won’t subscribe to your email. They won’t open. They won’t click. And they certainly won’t buy.

Keeping this in mind, I interviewed Craig Spiezle, Executive Director and President, Online Trust Alliance, about security, privacy and consumer protection. I’ve also and provided tips on how you can build trust with your customers.

“Privacy policies were written by attorneys, for attorneys,” Craig joked. “And you need three attorneys to figure them out. It’s a great job enhancement thing for the legal profession. It does nothing for consumers.”

Read more…

“You cannot sit down and wait for shoppers to get to your site,” said Victor Yacaman, Ecommerce Director, Leonisa. Leonisa is the No. 1 provider of underwear in Latin America, with 52% of sales generated from paid search.

With the ability to track and measure visitors, it’s no wonder PPC has continued to be widely used by retail marketers, “[which] means you can spend more dollars on the things that are working and less dollars on the things that aren’t working” said Timothy Seward, Founder and CEO, ROI Revolution.

Timothy referenced a recent study by Shop.org via Forrester, saying that, on average, “46% of [marketers’] online retail marketing budgets is spent on paid search.”

PPC ads offer a way of quickly determining ROI. “What you can measure, you can improve,” offered Seward, making the platform an easy way to optimize messaging and placement.

The analytics behind the campaign isn’t the only tool that PPC provides. In a world of big data, ad targeting can be remarkably precise.

“You can get every niche into very specific forms,” Yacaman stated, which is an interesting concept for underwear, if I do say so myself. The Leonisa team has a specific campaign for each type of product — whether it’s hosiery, shapewear or whitey tighties.

With such a variety of products and such a wide consumer base, Leonisa needed a targeted way to find its customers.

“Paid search was a solution for us because, through paid search, you can do bidding really heavily on those words where you have a really high conversion rate,” explained Yacaman.

When asked how marketers can improve their own PPC campaigns, the pair offered these three pieces of advice:

1. Identify your target customer and behavior patterns

By having “niche” ads for each product and each target audience, you’re helping the consumer find a solution that will serve them best. Having specialized campaigns contextualizes your ad in the mind of the customer and invites them to continue the conversation with you further in the buying funnel.

2. Determine the devices your customers use to access your site

“57% of customers in the U.S. are transacting with your website based on multiple devices,” said Seward. Customers don’t just browse on the family desktop in the living room anymore. They’re searching on their phone, reading reviews on their work computer and purchasing on their iPad later that night. Consumers have a volatile shopping experience, and your PPC ads need to accommodate their journey.

Read more…

This week in the MarketingSherpa Book Giveaway, we’re giving out five free copies of The Big Data-Driven Business: How to use big data to win customers, beat competitors and boost profits.

In this MarketingSherpa Blog post, we interviewed one of the co-authors, Russell Glass, for his insights on leveraging big data and what’s on the horizon for this much-discussed topic.

Russell currently serves as Head of B2B Marketing Products at LinkedIn and previously served as Founder, President and CEO of Bizo, acquired by LinkedIn this year for $175 million.

Sean Callahan, Senior Manager of Content Marketing, LinkedIn, and former Marketing Director of Bizo, served as co-author of The Big Data-Driven Business.

Read on to discover how big data has brought Marketing and Sales closer than ever and what marketers can do to use big data effectively and ethically.

What really is big data?

“One of the reasons we wrote the book is that we saw a big discrepancy between those who understand big data and those who were either skeptical of it or didn’t know what to think about it,” Russell said.

For a marketer just getting started in understanding and leveraging big data, Russell explained that it’s all about knowing your customers much better than you know them today through technology.

Why is big data so valuable?

For CMOs and marketers driving success for their company and achieving huge gains by using big data, they are putting a culture in place that is asking deep and insightful questions about their customers.

“They are understanding what makes a customer tick, what their customer is looking for and how can marketers create more relevant experiences for that customer,” Russell said.

Then, these marketers using big data are putting the systems in place to answer those questions as well as using all of those increases in processing power, storage and technology to create a better experience for their customers.

“These CMOs, because they are so close to the customer, they become the person in the organization that’s most likely able to move shareholder value,” he explained.

Read more…

Want to build customer trust?

Be transparent about how you’re using and protecting the information you gather from them.

That’s the word from James Koons, Chief Privacy Officer for Listrak, which provides omnichannel digital marketing solutions to retailers.

James’ statement is underscored by the MarketingSherpa Ecommerce Benchmark Study. It reveals that frequent security evaluation correlates with greater ecommerce success. Specifically, of the 2,161 marketers responding, those that evaluated security on a daily or weekly basis had more than a 10% higher rate of revenue and responsiveness than those that didn’t.

“Consumers are savvier when it comes to privacy and security,” James explained, “and we continue to get those ‘your-data-may-have-been-compromised-please-change-your-password’ messages, so we can’t help as consumers to be learned in that area.”

“Nowadays, it’s not a question of if something happens, it’s when something happens. How prepared are you and what are you going to do?” James asked.

Here are some highlights from their conversation in the MarketingSherpa Media Center at IRCE:

Read more…

Email marketing is often a constant grind of tiny wins and (hopefully) tiny losses.

That’s why it’s such an honor to be able to recognize a marketing team for their relentless work on a campaign, where despite limitations, they were able to make a real difference in the email conversation between company and customer.

This is my second year as a judge for the MarketingSherpa Email Awards (sponsored this year by Blue Hornet) and it’s always a lot of work (30 hours of pre-screening, followed by 20 hours of deliberation) but a privilege to be able to debate and discuss strengths and weaknesses in email marketing with four other judges, who all come from different email marketing perspectives.

The joy that we get out of it is why this year we wanted to share that process with you, the MarketingSherpa Blog reader, by creating the MarketingSherpa Award – Readers’ Choice category.

Out of 500 speaking submissions and email case studies, the judging panel selected two Best-in-Show winners for B2B and B2C, as well as five finalists for the Readers’ Choice. All five are listed and detailed below with links to full case studies if you wish to learn more.

You can now vote for your Readers’ Choice Award winner. After voting, give your Klout score a workout by showing your favorite some love and sharing on social media.

All of the campaigns met our judging criteria of being transformative, customer-centric, innovative and offering transferable principles that marketing peers can apply to their efforts. Each case study displayed strong results. From there, 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.

Happy voting!

  Read more…