MarketingSherpa Blog

At MarketingSherpa Email Summit 2014, Eventful, an online retailer of concert and event tickets, presented how it personalized and segmented its email campaigns to achieve a 66% increase in purchases.

To deliver a personalized email experience to its 21 million subscribers, Eventful’s Paul Ramirez and Ryan Blomberg created a recommendation engine that provided alerts about performers and events their subscribers wanted to hear about, focusing especially when a performer of interest was coming to their town.

You can watch their full presentation to see how the team designed and implemented this revolutionary technology, but for this blog post, we wanted to showcase how to provide a more one-on-one experience when you don’t have a team of engineers to design an entirely new technology for your company, such as Eventful had for its recommendation engine.

In this video, Pamela Jesseau, Senior Director, Marketing, MECLABS, and the Eventful team discuss how to craft forms in your email sign-up process and profile setup that will let your customers tell you more about themselves.

Ultimately, the goal is to use this information to craft a personalized and segmented email experience for your subscribers, minus the fancy (and oftentimes expensive) technology.

You’ll see two great examples of effectively using forms to gather insightful knowledge about your customers as well as how to fit your registration form into the customer journey.

Read more…

Red Bull is running circles around every other name in the content marketing game.

Currently, the energy drink company has its wings dipped in a whole gamut of media channels — we’re talking digital, mobile, TV, print and music. People — millions of people — are actually consuming this content. (What a concept, right?)

But audiences aren’t tuning in because the company is marketing its energy drink. In fact, Red Bull continues to rise above the rest in content marketing by doing somewhat of the opposite. The company earned its spot on the content marketing throne by pushing its product to the side and its audience to the front in an extreme way.

Instead of a skinny aluminum can, Red Bull focuses its content on the sports, culture and lifestyle of its adventurous drinkers. In 2007, the company even launched Red Bull Media House — its very own media company that develops all of the company’s content pieces and manages its social media channels. 

Some of the media house’s highlights? Take a look at Red Bull’s YouTube page (if you haven’t already as one of its 3.7 million subscribers). These sports action videos have views that rank in the thousands — some in the millions.

On the day this blog post was published, Danny MacAskill — “Way Back Home” had 32,988,764 views:

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If your experience is anything like the typical email marketer in 2014, a growing portion (possibly a very large percentage) of your list is opening email on a mobile device — maybe a tablet or, more likely, one of the many smartphones out there.

To fully reach and engage that audience, you can either design and build custom emails for every single platform your audience is using …

Or, to make things a bit simpler on the design and execution end of things, take the responsive design plunge for all your email campaigns to ensure your sends have the best look, feel and, more importantly, clickability on any mobile (or non-mobile) platform your recipients use.

To address this issue, watch this excerpt from a panel discussion at the MarketingSherpa Email Summit 2014:

This excerpt features Pamela Jesseau, Senior Director of Marketing, MECLABS (parent company of MarketingSherpa); Amy Carpenter, Digital Marketing Team Leader, Whole Foods Market; and Ewa Badaruk, Global eCRM Marketing Manager, adidas Group.

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One of the great things about writing MarketingSherpa case studies is having the opportunity to interview your marketing peers who are doing, well, just cool stuff. Also, being able to highlight challenges that can help readers improve their marketing efforts is a big perk as well.

A frustrating part of the process is that during our interviews, we get a lot of incredible insights that end up on the cutting room floor in order to craft our case studies. Luckily for us, some days we can share those insights that didn’t survive the case study edit right here in the MarketingSherpa Blog.

Today is one of those times.

Setting the stage

A recent MarketingSherpa Email Marketing Newsletter article — Marketing Analytics: How a drip email campaign transformed National Instruments’ data management — detailed a marketing analytics challenge at National Instruments, a global B2B company with a customer base of 30,000 companies in 91 countries.

The data challenge was developed out of a drip email campaign, which centered around National Instruments’ signature product, after conversion dropped at each stage from the beta test, to the global rollout, and finally, to results calculated by a new analyst.

The drip email campaign tested several of National Instruments’ key markets, and after the beta test was completed, the program was rolled out globally.

The data issues that came up when the team looked into the conversion metrics were:

• The beta test converted at 8%
• The global rollout was at 5%
• The new analyst determined the conversion rate to be at 2%, which she determined after parsing the data set without any documentation as to how the 5% figure was calculated

Read the entire case study to find out how the team reacted to that marketing challenge to improve its entire data management process.

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Omnichannel is a word that many marketers have become familiar with in the past year or so. It’s the evolution of multichannel marketing and, some argue, an overused buzzword.

Lisa Butler, Head of Enterprise Solutions Enablement, eBay, agrees with that statement. In the MarketingSherpa Media Center at IRCE, she sat down with Allison Banko, Reporter, MarketingSherpa, to discuss omnichannel and what it should really mean to marketers.

“So we went from multichannel, to omnichannel, to all channels — what it really means is just allowing customers to shop however they want,” Lisa said.

In its essence, the prefix omni- means “all.” For Lisa, this means “allowing customers to shop anywhere they want, receive their purchases whenever they want and giving them the best customer service.”

In her interview, Lisa explained the key to providing this engaging experience: developing creative new ways for customers to engage with a brand.

Lisa provided some examples of companies that are doing this well, such as Boxpark

Boxpark is a company in the UK that sets up pop-up stores for clothing brands in a unique way — the stores are a network of shipping containers. 

For retailers, this is a creative solution for giving the customer the best (and coolest) experience, according to Lisa.

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“Every time a person says ‘yes,’ they are saying ‘no’ 10,000 times. One ‘yes’ equals many ‘no’s.’ The power of ‘yes’ is not in its affirmation but in its negation.”

– Flint McGlaughlin

Leading a new business to achieve a sustainable competitive advantage is not easy. It often involves difficult choices and a certain level of courage. But for the startup, it isn’t solely the courage to say “yes” that enables it to thrive; rather it’s the courage to say “no.”

Recently, I had the privilege of spending some time with a young startup company and working with them on their value proposition. Like many startups, this group had done well without any formal process of identifying a value proposition.

They had a group of founders, who, like many, built a unique product to solve a problem for a particular group of people. Intuitively, they had launched with a successful value proposition.

When competitive advantage is challenged

However, times had changed for this group. They used to be the first in their space, but now their market was crowded, and their customers had many similar competing products to choose from.

During the course of our conversation, I could feel the pressure the leaders of this company were up against, which stemmed from the worry about maintaining their strategic competitive advantage.

The temptation was to attempt to be everything their (new) competitors had become — in some sense, to be all things to all people. This is a common pressure, but it is often this precise pressure that causes many organizations to “acquire” their way right out of a good value proposition.

The most forceful value propositions are not those that try to do many things well, but rather those that try to do one thing really well.

Focus is one of the most essential components of a strong value proposition. Unfortunately, focus is often one of the hardest things to find in a business. Focus requires courage, especially the courage to say “no.” Learning to say that two-letter word was precisely the kind of negating focus this startup needed to answer three essential questions:

Question #1. How will you not serve?

A business cannot be all things to all people without diluting the power of its value proposition. By its nature, a specific value proposition must appeal to a particular prospect type. This can be counterintuitive, but knowing who your customers are necessitates knowing who your customers are not. Recognizing this distinction is essential.

The startup I mentioned above had created the most respectable and trusted cloud-based email distribution service. Because of their intense focus on accepting only those clients who send reputable emails, they had the highest deliverability rates, a serious evaluation process and strict guidelines. But ultimately, they had to make the difficult choice to turn away potential customers in order to preserve the value proposition that served their true customers.

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As marketers, we see lots of benchmark data and statistics that we base our business decisions on.

At MarketingSherpa, we recently conducted a nine-month study on the state of ecommerce.

You’ll see the results of our research conducted with 4,346 marketers across 95 in-depth charts.

Obviously, this data didn’t come out of thin air. There was a survey that our MECLABS research team carefully constructed to gather those insights.

Crafting effective surveys is potentially the most important part of collecting useful data, whether you’re fielding research for a report or simply gaining customer feedback.

Diana Sindicich, Senior Manager, Data Sciences, MECLABS (parent company of MarketingSherpa), played an integral part in the MarketingSherpa Ecommerce Benchmark Study and provided some tips on how to produce the most effective survey for your needs.

Survey Tip #1. Evaluate your situation

There’s a good time, and a not-so-good time, for everything. This rule of life applies to surveys as well.

In surveys, situations may exist for you that make it a good idea to field a survey, Diana explained.

This could include scenarios of when you want to understand your customers’ motivations or characteristics. Maybe you’re looking to expand your product lines and want to know what your customers would like to see offered.

On the other hand, there are times when a survey may not be the best idea for what you want to accomplish. Perhaps you have a very personalized service with a small group of customers. Surveys can be perceived as impersonal — conversely, an interview would make the customer feel special and valued.

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Earlier this year, I was asked to moderate a case study panel at DFW Rocks Social Media Day. It was a fast and furious two days with multiple concurrent tracks and a lot of great information for attendees.

Since so much was happening at once, I wasn’t able to take in all the great content. So I reached out to Lissa Duty, Organizer of DFW Rocks Social Media 2014 and Vice President of Community Management at Advice Interactive Group, for her take on the event to give MarketingSherpa readers the opportunity to learn some of the top takeaways.

Insights from the organizer

From the organizer’s perspective, Lissa said that this year’s event placed a higher importance on live content.

She explained, “This year, I really saw the value in having the live blog to share the conference sessions and highlight the speakers, even after the event, plus the live tweets, which did make for the #DFWRocks2014 hashtag streaming on Twitter at one point.”

What’s Lissa’s quick-hit advice on social media marketing?

“You must start with creating a social media plan,” Lissa said.

She then outlined three key points:

Key Point #1. Understand why you’re using social media

It’s not just to “get rich.” Understand why you feel social media is important to you, your customer and your brand.

Key Point #2. Research what your customer wants to know about your brand

Discover how you can share that message uniquely in each social space, and then create a plan to give them that message.

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“#FAIL” is the last thing you want to hear from your audience on your social media channels.

From disgruntled users or customers to people calling out your company or brand’s blunder, handling the outcome of a social media fail correctly is critical for recovery.

But beyond just addressing a crisis online, is there an effective way to prevent these cringe-worthy mishaps from even happening?

In the MarketingSherpa Media Center at IRCE, Andrew Jones, Industry Analyst, Altimeter Group, explained how using a simple two-part strategy can help prevent social media fails before they occur.

Strategy #1. Manage expectations internally

Before you embark on social media, Andrew explained there should be a plan going into the journey to set guidelines for those who will be posting.

“At first, I think a lot of brands got involved and saw it as kind of a cute toy, and said, ‘Oh, let’s give it to the intern,” or, ‘Let’s give it to someone who doesn’t necessarily know a lot about the company,”‘ Andrew explained. “That can cause problems if the engagement that ends up representing the company in a very public space ends up causing social media fails or misrepresenting the company.”

Andrew recommended that the team managing a company’s social media account has rules and scenarios on how to interact with the audience online, especially when there’s a problem.

Read more…

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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