MarketingSherpa Blog

Originally published on B2B LeadBlog

For her first week on the job, Debbie Pryer, Program Manager, Siemens Healthcare, arrived ready to accept an intimidating challenge: Bring Marketing and Sales together for one common cause — generating quality leads.

According to Debbie, the process in place had been corrupted and broken by a system of incentives to drive lead volume with little check and balance in place for assessing lead quality before the handoff to Sales. The end result was a sales team overwhelmed with unqualified leads, 65% of which were tossed out.

“I had a roadmap of what was wrong,” Debbie said. “I had to figure out how to make it right.”

At MarketingSherpa Lead Gen Summit 2013, Debbie’s presentation “Lead Generation: How to empower your program like Siemens Healthcare” took the audience on a deep dive into some of the challenges Siemens Healthcare faced in its lead gen process.

One of Debbie’s key goals was to re-establish a long-broken trust between Sales and Marketing.

Suggestions were made about what could solve this dilemma. Although many brought up automation, Debbie knew that by bringing in more technology as a solution, she would simply be “automating the problem.”

Challenge your process

Debbie explained that returning to the first love of the company — the patients and the hospitals that serve them — was an ideal starting point for building a lead process that put prospect needs first.

Her solution was to “slide the leads into what they were already doing” in the sales funnel, rather than pushing unqualified leads into the funnel.

With this strategy, Marketing delivered higher-quality leads to Sales, and the two teams started to (slowly) restore trust.

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This year at the Internet Retailer Conference and Exhibition in Chicago, Nicole Snow, Founder, Darn Good Yarn, sat down with Daniel Burstein, Director of Editorial Content, MECLABS, in the MarketingSherpa Media Center to discuss the challenges of navigating a multichannel digital landscape while retaining a small business identity.

Darn Good Yarn’s value proposition is based on stimulating growth in poverty-stricken areas of Nepal and India by recycling silk yarn into products Nicole imports and sells in the United States.

Nicole does not have a background of making yarn. In fact, when she began, knitting was only a hobby.

“[Starting my business was] a lot of learning and I tried to do things on the cheap; I was self-funded,” she said. “It was a real benefit because I respected every single marketing dollar. Every single test I did had to be really the right choice for me as a business.”

These careful business decisions penetrate the whole of Nicole’s business, from hiring employees to protecting her suppliers.

“People around the world work for me,” Nicole said. “I’m pretty proud of that business model because it really is indicative of a newer economy.”

Nicole has been very protective over the growth of her company, both in the U.S. and abroad.

She insisted part of becoming a successful small business includes “controlling growth and not allowing it to just blow up.”

“Then, you start getting abuses of supply chains and of humans that way and that’s important to us, to make sure that doesn’t happen,” she explained.

Here were two important takeaways Nicole offered to help small businesses navigate a multichannel digital world:

• Purposefully enter channels – Find a few channels that work best for your small business because you can’t be everywhere.

• Find advocates – Look for supporters who want you to succeed and build relationships with them.

Just posted… see how Nicole Snow’s small biz @darngoodyarn saw a 2900% inc. in growth #IRCE http://t.co/DPZNkGFKju pic.twitter.com/vRmMA6j2du

— MarketingSherpa (@MarketingSherpa) June 12, 2014

Remember your roots

Let your passion bleed through every decision that you make for your business.

As companies grow, adaptations to an organization’s process and strategy are inevitable. We surveyed 4,436 marketers on how management styles and approaches should shift as ecommerce companies grow. You can see that data on page 15 of the MarketingSherpa E-commerce Benchmark Study.

Want to see more interviews with IRCE speakers, industry experts and in-the-trenches marketers from the MarketingSherpa Media Center? All 32 exclusive interviews from IRCE are available for viewing.

Read more…

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?

Read more…

Originally published on B2B LeadBlog

Marketing automation can help you manage lead nurturing efforts in a complex marketplace.

So where do you even begin in terms of an automation strategy?

In today’s B2B Lead Roundtable Blog post, we’ll look at three lead nurture tracks you should automate to aid your email marketing efforts from a MarketingSherpa Lead Gen Summit 2013 presentation featuring Keith Lincoln, Vice President of Marketing, SmartBear.

Path #1. Separate users from prospects

When you boil down behavior automation, using prospect actions as triggers for email sends ultimately creates a list within a list as you separate product users from potential prospects.

As Keith explained, the product download is where the track begins, followed by responding to those product usages with emails offering helpful content.

“The next thing we want to be able to tell our team is: Did they activate the software, or are they using it?” Keith asked.

Path #2. Turn users into customers

Automating a sales nurturing track is significantly different from a content nurturing track as it turns up the dial on complexity.

In this case, prospect behaviors trigger email sends based on a conversion process to turn free, one-time users to paid, ongoing customers.

“This is a little bit more complex than finding out if they are just activating the software,” Keith said.

Keith also explained how the sales nurturing track has been helpful in delivering additional customer intelligence to Sales on where customers are within the conversion process.

Path #3. Remind users the clock is ticking

Campaign-based triggers are probably the easiest of the three tracks to set up, and they also acknowledge the elephant in the room with free trials — time will eventually run out.

Using your free trial timeline can help you deliver helpful content to prospects when they might need it the most.

You can’t automate trust

As I mentioned at the start of this post, automation can help you manage lead nurturing, but you can’t automate trust.

Trust is earned by being helpful, relevant and honest with your prospects.

To learn more about how marketing automation impacts lead generation, you can watch the exclusive MarketingSherpa on-demand replay of “The Marketing Automation and Autonomy Paradox.”

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Having in-house bloggers on your marketing team can keep your content flowing, but there are limits to the audience they can reach.

One way to solve this challenge, according to Carolyn Kmet, Chief Marketing Officer, All Inclusive Marketing, is strategically recruiting third-party bloggers outside of your team to help deliver the right mix of credibility and content that can reach new audiences.

At this year’s Internet Retailer Conference and Exhibition (IRCE) in Chicago, MarketingSherpa hosted the event’s official Media Center. Our team of reporters interviewed marketers from across a variety of business verticals to learn insights on what works in ecommerce marketing.

As Carolyn explained to Allison Banko, Reporter, MECLABS, third-party bloggers can deliver additional exposure opportunities for your brand.

“Bloggers can position brands beyond traditional reach,” Carolyn explained.

According to the MarketingSherpa E-commerce Benchmark Study, less than 40% of all companies surveyed utilize affiliate marketing as a traffic driver to an ecommerce site. Using bloggers as affiliates can help with driving traffic from audiences outside of your reach.

The trick is, as Carolyn explained, is to build relationships with bloggers and offer them content opportunities that make exposing your brand to their audience worthwhile.

To do that, she often recruits third-party bloggers outside of her team as affiliates and helps them access industry thought leaders for interviews that would be difficult, if not impossible, to obtain otherwise.

The affiliates create content from those interviews to share with their respective audiences.

“There’s a lot of transparency, Carolyn said. “It gives them fresh content for their audiences.”

Read more…

At MarketingSherpa Email Summit 2014, Allison Banko, Reporter, MECLABS, captured an interview with speaker Jeff Rohrs, Vice President of Marketing Insights, ExactTarget, who shared a concept that should appeal to your inner entrepreneur.

If something doesn’t make money, then it doesn’t make sense.

I say this because, according to Jeff, email marketers are often underappreciated (and underpaid) because they don’t effectively connect the dots for executives on the true ROI of their marketing efforts.

“I think email marketers tend to be underappreciated in their organizations,” Jeff explained, “and I think part of that is the language we choose to communicate the value we bring to executives.”

Jeff’s proposed solution is to change the conversation by adjust the way marketers view what they contribute.

In sum, stop telling people you build email lists and start telling them you’re building proprietary assets that are exclusive to your company. One additional point Jeff shared was how social media is experiencing growing pains due to increasing pressure from executives to see clear ROI from social media.

“The executives are beginning to demand more from those channels and email marketers understand that because they’ve fought those battles,” Jeff explained.

Ultimately, Jeff delivered the bigger idea that your organizational marketing goals should supersede the channels you use to deliver them. As a result, hopefully marketers will be able to tear down the silos that emerge from those channels in the process.

Read more…

Originally published on B2B LeadBlog

Getting to the heart of lead cost is not easy.

There are a multitude of factors to consider. For example, should you factor in nurturing into the costs? Even then, how much?

In today’s B2B Lead Roundtable Blog post, I wanted to explore cost per lead by sharing a few tips and insights from the panel of industry experts that spoke on the subject at MarketingSherpa Lead Gen Summit 2013.

Tip #1. Clearly define what a lead is for your organization

Before you can even get close to what your lead costs are, you first have to define what a lead is to your organization, or as Atri Chatterjee, CMO, Act-on Software, simply said: “Just because you have a name, it doesn’t mean you have a lead.”

The panel rightfully pointed out the idea of a lead can mean a lot of different things to a lot of different people.

So the first step on your path to determining lead costs is to cut through the confusion by creating a universal lead definition that the key stakeholders in your organization can all agree upon.

Tip #2. Move toward thinking of lead cost in aggregate

So what should you factor into your lead cost?

This can get tricky, but let’s consider, for example, that you can buy a list of 2,000 leads from a broker for $20.

Does each lead cost only a penny?

Not so much.

I say this because when you factor the associative costs to create content, market and solicit to those leads, the true price is likely much higher.

One recommendation the panel had was to uncover some of the factors that you might be overlooking and consider them in your cost.

When you look at the price from an aggregated perspective, you’re probably a lot closer to a true lead cost.

This notion was also shared by Erik Matlik, CEO, Madison Logic, who summed up the factors to consider in your cost per lead.

“I would put literally everything into your cost per lead,” Erik said.

To learn more tips on lead cost, you can watch the MarketingSherpa on-demand replay of “How Much Should Leads Cost? Tips for different channels, industries and deal sizes.”

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What is personal branding?

A personal brand is an expression of a value proposition.

It is a powerful message that clearly articulates who you are, what you do and how you create value.

When applied to social media, a personal brand creates a memorable first impression that entices visitors to connect with you. When using LinkedIn, a brand message should be the professional version of your value proposition. This brand messaging should be consistent throughout your profile and capture the attention of your visitors.

Here are some tips to establishing a personal brand on LinkedIn.

Step #1. Personalize your URL

In LinkedIn, you have the ability to personalize your public profile URL. A personalized URL is essential to establishing your personal brand as it is not only friendlier from an SEO perspective, but it allows for people to find you more easily.

Here are the steps to personalize your LinkedIn URL:

1. Log in to LinkedIn.

2. Move your cursor over Profile at the top of the page and select Edit Profile.

3. Find your current URL under your profile picture and click Edit.

4. In the Your public profile URL box in the bottom right, click Customize your public profile URL.

5. Enter your new custom URL in the text box.

6. Click Set Custom URL.

Read more…

This week, MarketingSherpa is reporting live from the exhibit floor of the Internet Retailer Exhibition and Conference in Chicago. With a projected 10,000 attendees, IRCE is the world’s largest e-commerce marketing event, and we’re hosting its official Media Center, right in the middle of bustling McCormick Place.

We’ve interviewed IRCE speakers and attendees to get the pulse on e-commerce marketing in 2014. Interviewees have sat in  the hot seat to share what they’ve discovered on topics such as email, social, mobile and much more.

On the set with @DanielBurstein of @MarketingSherpa at #IRCE #IRCE2014 pic.twitter.com/z9j3PqL6Yr

— Carlos Gil (@CarlosGil83) June 10, 2014

In today’s MarketingSherpa Blog post, watch this video with Daniel Burstein, Director of Editorial Content, MECLABS, talking with Carlos Gil, Senior Manager, Digital Marketing, Save-A-Lot, on engaging with millennials on social media.

“Social media is not advertising; social media is relationship building,” Carlos said.

In his interview, Carlos stressed the importance of engaging with millennials on social media, rather than trying to sell them. According to Carlos, millennials behave differently online than other demographic groups, such as baby boomers, and marketers should adjust their efforts accordingly.

A great example of a brand doing social media right is Taco Bell, Carlos explained.

Watch his video to learn more, as well as insights on developing a personal brand and why picking the right social media platform for your own unique brand is so important.

Throughout IRCE, we’ll be posting the latest interviews from the Media Center, as well as live streaming straight from the set on MarketingSherpa.com/IRCE. You can also see alerts of the freshest content by following @MarketingSherpa on Twitter.

Want to dive deeper into e-commerce data? We recently conducted a nine-month editorially independent research study, made possible by a research grant from Magento, on the state of e-commerce marketing. With insights gathered from 4,346 marketers, download your complimentary MarketingSherpa E-commerce Benchmark Study to learn:

• What is happening to the e-commerce landscape
• What strategies successful e-commerce companies are employing
• What marketing tactics successful e-commerce marketers are leveraging
• And much more

  Read more…

Originally published on B2B LeadBlog

Content marketing can be an effective tactic for lead generation as customers look to your brand as an authority in the marketplace delivering relevant information that is useful to their needs.

In today’s B2B Lead Roundtable Blog post, we’ll look at two tips on transforming your content marketing strategy from Shelby Britton, Senior Product Marketing Manager, Adobe, who presented at MarketingSherpa Lead Gen Summit 2013.

Although Shelby’s example was rooted in Adobe’s webinars, the principles are transferable to your own unique situation.

Tip #1. Develop a highly focused, targeted strategy

Shelby explained that one of her first challenges in revamping Adobe’s content marketing was rooted in moving from “one-off” webinars to a strategy that focused on specific targeted verticals.

Making the move to targeting specific verticals with content also helped Shelby’s efforts to determine where prospects were in the purchase cycle.

“We decided that we could use content to start qualifying these leads,” Shelby explained.

Tip #2. Move from generic to relevant messaging

Shelby also explained making a move from generic messaging to content that focused on relevance for the audience was also vital to the success of Adobe’s content transformation.

“We started talking about the specific solutions and how we could add value to them,” Shelby said.

To learn more about Shelby’s content marketing strategy to aid Adobe’s lead gen efforts, you can watch the on-demand replay of her MarketingSherpa Summit session, “Lead Qualification: How demographics, email content and behavior helped Adobe boost conversions 500%.”

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