MarketingSherpa Blog

Originally published on B2B LeadBlog

Marketing automation technology has become an indispensable tool in the complex sale marketer’s arsenal. Lead generation, lead nurturing and determining the time for the handoff to Sales would be extremely difficult without that technology. Add lead scoring and tracking through that final conversion to sale and the task is flat out impossible without automation.

Luckily, for B2B marketers there is a wide range of marketing automation options out there from relatively simple solutions that help streamline email marketing to full-blown packages that seem like they do everything but automate the lights and thermostat at the office.

To help illustrate how some of your peers are utilizing marketing automation, in this B2B Lead Roundtable Blog post, I’m sharing four MarketingSherpa case studies that cover everything from how automation improved lead gen to how that tech directly impacted the bottom line.

Case Study #1 — Marketing Automation: 200% increase in lead volume for software company after implementation

SmartBear Software, a B2B cloud mobile software company, was rapidly growing and decided to implement CRM software and marketing automation software as a single process to ensure the two technology pieces would be easily integrated.

When choosing the automation vendor, Keith Lincoln, Vice President of Marketing, SmartBear, said three main criteria were considered:

• Ease of use
• Scalability
• Integration with the new CRM system

Once an automation vendor was chosen, the team decided to bring in an outside consultant to expedite the implementation. Keith said this consultant helped speed up the learning curve through training and was able to get the automation solution up and running within a five-day workweek.

Automation in place, the team started slow with a few email campaigns, faced some internal challenges, but then quickly began to implement lead nurturing to handle a high volume of leads in different product groups. Lincoln said the automation solution was even integrated with SmartBear’s webinar platform.

Results? Lead volume grew 200%, 80% of global leads were generated with automated trial downloads, and 85% of SmartBear’s revenue was generated by the trial download leads.

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

In this case study, Managed Maintenance Inc. (MMI), a provider of management services for technology assets, faced a different problem than SmartBear from the case study above.

Where SmartBear implemented automation and a CRM solution together to ensure those pieces were integrated, MMI had marketing automation and a CRM in place, but the two were siloed and weren’t synched — Marketing’s and Sales’ activities and data were completely separate.

The solution was to audit the current technology setup, and it was determined that MMI needed to replace both the automation and CRM tools together and, similar to SmartBear, implement the new software pieces together to ensure they would be integrated.

Once that occurred, Marketing at MMI was able to begin lead scoring and lead nurturing, and maybe even more importantly in terms of company culture, Sales and Marketing became more aligned because the new technology implementation allowed visibility from lead gen to conversion to sale for everyone involved in the whole pipeline.

After completely revamping marketing automation and CRM technology at MMI, lead generation was up 75% over the previous year.

Case Study #3 — Marketing Automation: Implementation drives $550,000 in net new revenue at Crain’s

Crain’s Business Insurance is a trade publication that faced the challenge all publications are undergoing right now with declining advertising revenue, but at the same time, its industry customers began buying up-front research and content.

Because the company has reporters with more than 300 years of combined writing and editorial experience, it was positioned to take advantage of this opportunity.

In order to do so, Crain’s implemented marketing automation, revamped and integrated its databases. The company had three databases: print subscribers, online registrants and the newly created marketing automation database — and integrated its content creation process into the marketing automation system.

Integrating content creation into the automation solution meant creating content categories and segmenting the database into those different groups to align content creation with certain reader segments.

From there, Crain’s implemented lead scoring, and even utilized analytics coming from marketing automation to influence the ongoing marketing strategy.

This campaign led to:

• Nearly $550,000 in brand-new advertising revenue for demand generation services
• A 43% increase in registered online newsletter subscribers
• A 2% increase in paid print subscribers
• Conversion rate of 2.6% from anonymous website visitors

Case Study #4 — Marketing Automation: IT company boosts leads 59%, generates $1.5 million with system implementation

This case study combines a dramatic lift in lead gen along with an impressive impact on the bottom line after CentricsIT, at data center solutions provider, implemented marketing automation.

Mandy Hauck, Manager of Marketing Communications, CentricsIT, was the company’s first marketing employee, and walked into what could be called a fairly unsophisticated marketing strategy largely consisting of email blasts.

Her background was email marketing, but early on she reached out to marketing automation vendor based on a coworker’s connection with that vendor’s CEO.

After a call with the vendor’s sales rep, Mandy knew she wanted to implement automation at CentricsIT and conducted internal marketing to get both Sales and company leadership buy-in.

Part of this process included attending a conference on the automation solution in place and learning ways to get Sales involved in planning how automation would be used at CentricsIT.

Before automation, the company didn’t have a refined method of tracking its leads or nurturing them. Leads were thrown into Mandy’s inbox for her to manually forward to Sales. After implementation, leads were automatically directed from landing pages to sales reps. In the first year of marketing automation at CentricsIT, lead gen increased 59% and $1.5 million in revenue was directly attributed to the new technology

For even more value

Hopefully you have found something of interest that might help your marketing automation implementation, optimization or pain points.

The title of each of these summaries links to the full MarketingSherpa B2B Newsletter article with detailed steps and creative samples, so if any of the case studies shared in this post grabbed you, do click through so you can get the full value of the information and campaigns your marketing peers shared with us.

You might also like

B2B Marketing: 7 tactics for implementing marketing automation from a fellow brand-side marketer [More from the blogs]

B2B Marketing: 5 privacy factors to consider when using marketing automation [MarketingSherpa how-to]

B2B Email Marketing: How a publishing company used marketing automation to increase CTR 1,112% [MarketingSherpa case study]

Marketing Automation: 25% more engagement, 0% unsubscribe in 4-email series [MarketingSherpa case study]

The discoveries of science can never fully bridge the mystery of the human mind. We need art to discern the difference. The effective marketer converts experiments and metrics into elegant forms of communication. For the marketing organization to be truly successful, it must respect both the science and the art. Indeed, marketing translates science into art.

-Flint McGlaughlin, Managing Director, MECLABS Institute

As the FlintsNotes.com curator, I often come across profound observations like this one.

I try to have Flint elaborate on them, or at least jot down some notes of other lectures or observations that pertain to it. Flint sometimes says jokingly that he has been “accused of being a scientist,” the scientific approach to marketing being sometimes seen as a means to an end.

In a perfect world, we would instinctively know what our customers want, and the best way to communicate our message.

The science of marketing

The science behind online marketing today is a fairly new tool in which we can use to learn a great deal about our prospects.

This tool, the Internet, enables us to track how prospects react to our various offers or messaging. One of the reasons why this method of testing is superior is because it is a record of how your customers have already performed. It is far more powerful than a focus group – for example, where a person may believe they will act one way, but in reality, behave a in a completely different manner.

The art of marketing has been around for arguably much longer.

Since the dawn of man, we have been convincing each other to purchase or accept food, weapons, goods or even religious beliefs. The ability to connect with another human being, to innately know what the other person is seeking, becomes one of the sharpest weapons in the marketer’s arsenal.

Metrics and data analytics can begin to paint the picture of what your prospects are truly interested in.

Even when prospects do not accept an offer or click the desired button, the choices they do not make tell a great deal about what they want.

By interpreting these results, the marketer can glean discoveries about their customers’ behavior that can be implemented across various other channels.

When the marketer can be sure an offer is being communicated effectively online through testing, that same messaging is likely to be just as effective in other channels like direct mail, or in-person at a store.

  Read more…

When I was asked to find costs for keynotes as a younger, fresher and greener event content coordinator, I thought it would be as easy as asking Google, “How much does it cost to have [name] speak at an event?”

After all, Google holds the answer for almost everything – it can even answer questions like: Do I have Ebola? How do you know if a guy likes you? What should I eat for dinner?

Unfortunately, it turned out to not be as simple as Googling it. Many factors determined behind the scenes go into how much you’ll spend on a keynote. This is why many speaker bureaus say “contact us for fee” in order to share that number.

Whenever I searched for an estimated keynote cost for a specific speaker, or even a generic title, the search results brought up speaker agencies, which is not what I wanted.

Although Google has been faithful to me in the past, there are some questions I ask that I’m still forced to answer and research on my own.

Here are the questions I typed into the search bar – in a million different ways – which I eventually had to learn.

Why is there such secrecy around speaker fees?

Depending on location, duration of the keynote and audience size, a speaker will adjust his or her fees.

The easiest way to establish and negotiate a keynote’s cost is by contacting them directly, which has been made moderately easy with the rise of social media and the ability to get (almost) anyone’s email address with a quick search.

However, not all speakers are so easy to track down.

You might decide to use a speaker agency. These resources can be incredibly frustrating to use as an event planner because once you contact the bureau for a speaker fee, you become a sales lead. You can now expect the agent to inevitably harass you about booking one of their speakers and to generously “keep you in mind” for future events.

With so many other things that I juggle throughout the day, like establishing the rest of the Summit agenda and working with other speakers, fielding calls is the last thing I have time for.

However, speaker bureaus can be helpful if you’re working with a blank slate or have a notoriously private speaker. They specialize in finding and contacting a highly sought-after keynotes who you can’t get a hold of on your own (at a price, of course).

Is there any way that I can estimate a budget for a keynote? How much does it cost to have a [insert career vertical] keynote at my event?

Although costs vary from speaker to speaker, I’ve noticed some trends while doing research for keynote speakers on our events – basic guidelines to help estimate spend.

Speakers determine their own fees. One speaker might think that their content is worth $10,000 and is more than happy to work with you, whereas someone more qualified might think that they’re worth $250,000 and there’s no flexibility in their mind.

Apart from that human element, this chart has three explanations:

Read more…

You can optimize your website, signage and marketing, but if you can’t deliver what the customer orders when they expect it,  it’s all for naught.

That’s the word from Debbie Hauss, Editor-in-Chief of “Retail TouchPoints,” a digital publication that covers customer-facing aspects of retail.

She spoke about the challenges of fulfillment with Daniel Burstein, Director of Editorial Content, MECLABS Institute, at the Internet Retailer Conference and Exhibition earlier this year.

“The most important thing is getting your inventory right,” Debbie pointed out. “It’s not as sexy as digital signage or what you’re doing face-to-face or on mobile technology or inside your store or website. But if customers want to buy online, you have to make sure you’re ready to fulfill orders when they want them.”

Read more…

With the end of the year approaching fast, it’s not only retail industry marketers who have campaigns to implement. It’s also a busy season for nonprofit marketers – a time of the year for holiday giving and year-end contributions.

What can nonprofit marketers do to increase their fourth quarter revenue? We’re sharing three tips for you that have proven effective for others, and might prove useful for you, too.

Tip #1. Coordinate your offline and online marketing efforts

It can be hard to stand out in a crowded mailbox – both your physical mail box and email inbox. That’s why HealthConnect One wanted use both channels in its year-end campaign. The team had previously sent out direct mail including an appeal letter to its supporters, but they decided email might be a great way to reinforce the message.

By creating a four-email campaign around the direct mail piece, the nonprofit saw a 50% increase in revenue compared to the prior year. To see the emails and learn more about the campaign, check out the MarketingSherpa case study, “Email Marketing: Four short emails boost year-end revenue 50% for nonprofit organization.”

Tip #2. Provide “quick donate” links for previous donors

The Obama for America campaign wanted to enable repeat donors to effortlessly give again. This required a few steps.

First, they encouraged donors to save their payment information during checkout. Second, they sent out emails with multiple calls-to-action (CTA) for different contribution levels. Third, with one click of the CTA, donors could donate again without visiting a landing page or filling out a form.

The result? Conversion rates increased 300% on average when using the links.

To learn more about this tip and other tactics the campaign used, read the MarketingSherpa case study, “Email Testing: How the Obama campaign generated approximately $500 million in donations from email marketing.”

Read more…

When Marcia Oakes, Senior Online Marketing Manager at Calendars.com, was challenged with the task of defining the company’s email campaign, she dove at the chance of evolving the campaign from promotions to engagement.

Marcia and her team hoped to develop a newsletter that people wanted to read and a way to “engage with subscribers without asking them to open up their wallets.”

The result was a newsletter with refreshing and relevant content that resonated with the customer.

Find your voice

The team at Calendars.com used a calendar format as a template for the newsletter send. Not only was this visually different than other emails in the inbox, but it was very fitting for the brand.

They also used a previously shelved trademark phrase, “Flip Day,” to describe the newsletter send. (Flip Day, if you’re wondering, is the ceremonial and satisfying day that you flip your calendar from one month to another.)

By using this resource they already had, it empowered the team to communicate with their audience in a purposeful way, without promoting products.

  Read more…

Originally published on B2B LeadBlog

Before my current role as manager of editorial content, I was the senior reporter for MarketingSherpa. As such, I interviewed hundreds of great marketers and industry thought leaders for case studies and how-to articles. I’m still writing some case studies, but not nearly at the pace I did for over four years.

Because of that past, it is fun to have the tables turned on me, and a few weeks ago I agreed to be interviewed on the topic of marketing automation and small- to medium-sized businesses (SMBs).

The interview covered a range of ideas within that topic area and I wanted to share some of my extended answers with the B2B Lead Roundtable Blog audience.

Why marketing automation software is relevant to SMBs

A major factor is how marketing automation can help optimize the SMB marketers time. The marketing department at an SMB is typically small just based on the size of the business, but at the same time the customer base – the database – can still be very large and automation software can help with activities such as lead nurturing.

If you think about an enterprise-level company, automation is almost a requirement to augment the CRM software. There’s just too many records in the database to handle this world of highly segmented and personalized marketing any other way.

For the SMB marketer, let’s say you have a one-person staff. I’ve spoken with many marketers doing great stuff with only one person. Maybe you have one, two, three people on your staff. You want to maximize their activities.

They are doing creative things instead of some of the grunt-work associated with handling email campaigns and the like. Automation does a lot of things under the hood that you just physically can’t do even if you wanted to.

How the disconnect between Sales and Marketing can be alleviated with technology

For this section, I’m going to reprint part of my original answer during the interview:

I think I’ll provide an interesting answer for you. The first part is Sales and Marketing alignment is a challenge. I’m hearing more success stories which is awesome. The technology is bringing people together because, if nothing else, Sales instead of getting more leads, they’re getting more qualified leads. Technology helps out on that end.

I think Sales and Marketing should be in alignment anywhere. Every time they’re in a silo, it never helps the company for those two pieces to be adversarial or siloed at all. If they’re working together, it’s always going to be better.

The change is, if anybody’s been reading a lot of industry stuff is the CMO is taking over the CIO and CTO, in the C-suite. Very interesting.

If you think back six or seven years ago, if you told the CMO they were actually going to have a seat at the table and not be the voodoo doll at the end of the table that it was a black hole for the budget and no one paid attention to, they would laugh at you.

Now, because of all the technology and different pieces, and the fact that they’re buying this technology and they’re handling this technology, and the data that’s coming in — now marketing activities are no longer a black hole. Now they’re trackable. Now there’s ROI that can be attached to it. Now all of the sudden, CMOs are surpassing and taking over the role of the CIO because they’re buying the technology and telling the CIO, now you make this work for me.

I think the actual alignment issue now is between marketing and the IT department. I would like to Marketing and Sales as a team become aligned with the IT department, but given where we are, and just the direction things are going, if you look at various pieces of research of some of the bigger research firms, that’s the direction that things are going.

I read articles every single day about the CMO and the CIO need to get together. They’re not getting together because of this. I think the bigger challenge now is for Marketing and IT to be in alignment, and obviously technology is that piece there.

I think technology helps get Marketing and Sales in alignment, but technology is the reason that marketing and IT have to get into alignment. If they don’t, it just makes things a lot harder for everybody.

Creating a culture that allows for marketing automation implementation at an SMB

This goes back to some of that Marketing-IT alignment.

Within marketing, the case for implementing automation should be fairly obvious – “This is going to make our world easier. We’re going to have to learn how to use it. We’ve got an initial training going on, but in the long term, it’s going to make our lives easier.”

Automation is going to allow the team to track its activities, and hopefully begin handing Sales a higher quality of lead, rather than a higher quantity of leads. The internal sales job to Sales should be just as easy with the quality of leads argument in place.

When getting buy-in from the company C-suite or leadership, the IT department can be your worst enemy or your best friend. By fostering an aligned relationship with them, they can advocate the that internal sell.

You want them to be part of this process, one, because they’ve written those contracts. They’re going to see the pitfalls before the marketer does. They know this is a really nice SLA on this contract. The agreement looks good, but IT will see a loophole that might not be obvious to a marketer. IT will know if the new tech piece will actually integrate with the current set of systems already in place.

I think having IT on board with an automation implementation gives a lot of credibility across the board when creating a culture from leadership down to the sales team.

You might also like

Industry Insights with David Kirkpatrick [Original interview from the SalesFusion blog]

Marketing Automation: 200% increase in lead volume [MarketingSherpa webinar replay]

Lead Generation: Revamped marketing automation and CRM technology drives 75% more leads [MarketingSherpa case study]

B2B Marketing: 7 tactics for implementing marketing automation from a fellow brand-side marketer [More from the blogs]

Some retailers only see customer service as an expense.

They view it as a cost that needs to be ruthlessly cut to the bare minimum by incentivizing call center reps to get the customer off the phone as quickly as possible and push customers to self-service portals instead of providing easy contact information.

Yet, a major challenge retailers face is that many are resellers and the products they sell are commodities.

If a customer can buy the product in many places, why should they buy from you?

Since the products are the same, retailers need to create a unique value proposition for their store.

One unique element of value can be your store’s customer service. According to data from the MarketingSherpa Ecommerce Benchmark Study, customer responsiveness correlates with success.

Stop thinking of customer service as a cost center and start thinking about it as an investment in one-to-one marketing.

Let me show you what I mean by using a customer journey as an example.

In this case, the customer journey is one I intimately understand since it was my own. (Please Note: I am overdramatizing it for effect and to highlight different decisions that go through the buyer’s head. In reality, some of these journeys may happen in a matter of minutes and many happen at a subconscious level for the customer.)

My customer journey

In my hometown of Jacksonville, Fla., it has been raining and hot and cold and dark and bright and buggy and all sorts of other excuses I could come up with for not going running. I needed a fool-proof method for exercising.

After doing some pain-point-level research, I discovered a recumbent exercise bike would be the solution I was looking for, since I could comfortably catch up on HBO Go while exercising – just the motivation I needed. Some product category research led me to the Marcy ME 709 Recumbent Exercise Bike.

Now that my product search was complete, I had to decide where to buy it. This was a commodity product with the same exact model available at many retailers. A quick foray into a shopping search engine identified 38 online stores that sold the exact same bike.

One-to-many marketing

There were price differences, and that helped with store selection. But another factor that helped with store selection was one-to-many marketing.

With so many selections, there were various stores I trusted thanks to their overall advertising and branding campaigns, print ads, newspaper circulars, content marketing, a physical presence in my hometown and many other tactics I would consider one-to-many marketing.

This branding, combined with my overall experience with these stores in the past – even excellent branding can’t outweigh negative customer experiences – caused me to prefer some stores over others.

However, there were still many stores to choose from.

  Read more…

Since when did airline safety videos become so darn viral?

What used to be a dry and boring legal formality has now become a way to engage audiences outside of the plane cabin.

As a huge fan of “The Lord of the Rings” and “Hobbit” movie franchises, my inner nerd did backflips when I watched Air New Zealand’s newest airline safety video:

For those not so familiar with the world of J. R. R. Tolkien and Peter Jackson, New Zealand was the filming location for all three “Lord of the Rings” films as well as the more recent “Hobbit” movies.

Featuring actors and characters from the movies, as well as flight attendants dressed as elves and an appearance from director Peter Jackson, Air New Zealand really outdid themselves. (However, I would have liked to see a little more Gollum in the video.)

This isn’t the first time the airline has capitalized on the “Hobbit” hype for its in-flight safety videos. In 2012, they used the theme in coordination with the first “Hobbit” film in the series.

However, Air New Zealand is not alone in taking safety videos to the next level.

Delta has produced some pretty entertaining safety videos as well, notably this 80s-inspired throwback featuring big hair, crazy clothes and of course some iconic characters from the time.

Storytelling in the strangest places

These safety videos, while still used for the in-flight safety precautions, were undoubtedly created to become viral online.

What was once an untapped resource has become a way to kill two birds with one stone: comply with FAA regulations and entertain viewers.

But even more than that, these videos are great content marketing. For Air New Zealand, the company is gaining more brand awareness from these videos because, let’s face it, most people will probably never make the 24-hour trek to the island.

However, by embracing its ties to the “Lord of the Rings” franchise and getting creative, it’s found a way to reach audiences who may have never heard of the airline company before.

For larger airlines like Delta, I would argue that having more entertaining safety videos is a way to spice up what used to be mundane travel for 165 million travelers each year.

As a popular network, these videos add more personality to the brand.

For me personally, I saw one of Delta’s comedic videos on a trip I took, and that video was the first thing I told my family about when I landed was that video. Even on the flight, people were chuckling and talking about the video, even if they had seen a similar one on a previous trip.

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Taylor Swift uses Instagram just like I do. She takes photos of her cats, maybe takes a short clip of them jumping into boxes or snaps a photo of something that she baked that evening.

But, unlike me, Taylor has 12 million followers.

Aside from sharing her fascination with cats and baked goods, she also leverages Instagram to tease music she’s working on through behind-the-scenes glimpses into the recording studio or photos of lyrics that are yet to be released.

The brilliance of marrying these two techniques is two-fold. Not only is she using Instagram to market her albums, but also the personal and fun posts on her Instagram account give fans a glimpse into her world. By inviting fans into her home, it makes them feel like they’re actually friends with Taylor.

She makes her fans feel like they’re not too different than her (despite millions billions of dollars).

This strategy is part of Taylor’s value proposition. She tries to make her fans feel like friends. To supplement this strategy, she hosts and personally appears at secret fan parties around the world for “all-star” supporters, making Swifties feel special just for being her fans (I’m still waiting for my invite, Tay).

This is in stark contrast to the “arms-length” celebrities who keep themselves locked up in giant, fancy mansions in the Hollywood Hills with 12-foot ivy-covered fences and 24-hour security, quietly posting the occasional PR-induced Tweet.

Read more…