MarketingSherpa Blog

In the MarketingSherpa 2012 Lead Generation Benchmark Report, we asked 1,915 marketers about division of labor (or lack thereof) in their marketing departments …

Q: How are the responsibilities of your department divided among your marketing team?

Marketing integration

“The best way to achieve a fully integrated marketing approach is through consistency and working to achieve a common goal – this extends beyond the marketing team into business services, operations, and internal communication,” said Erin Miller, marketing, Gantt Huberman Architects.

“I think there should be a healthy balance within marketing teams to share responsibilities, as well as assigning ‘trusted advisers’ to responsibilities that require more than general knowledge.”

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Here’s a behind-the-scenes look at a recent email marketing send to promote a MarketingSherpa webinar about social media, sponsored by Eloqua. I wanted to share it with you, because while it was quite simple to do, the results were pretty impressive.

Before we get into it, I want to stress that this was not intended to be a valid A/B split test (there is a validity threat that I’ll get to in a moment), so take the results with a grain of salt. However, it is a good example of sending different versions of an email to different segments of a list. For that reason, this is a tactic we do think is worth trying (and perhaps testing) with your own lists.

TEMPLATE VERSION

From: MarketingSherpa [reply@reply.marketingsherpa.com]

Subject Line: [Webinar] 4 steps to drive a measureable social strategy

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Originally published on B2B LeadBlog

For the past seven years, trade shows have surpassed websites, email marketing and paid search to secure the top spot as B2B marketers? biggest investment, according to the MarketingSherpa 2012 B2B Marketing Benchmark Report.

But, do marketers make the most of this investment? I can’t help but wonder given my own trade show attendance experience.

For weeks after, I unsubscribe from newsletters and sales pitches from companies I barely recognize.

Here’s what I suspect happens:

• They sponsor the event and set up a booth.
• They put together a list of attendees’ contact info based on collected business cards, contest entries and captures from the dreaded lead guns, which instantly gather contact information by scanning trade show badges.
• They dump this list into their database.
• Attendees automatically receive whatever they’re already sending to their email lists.

Trade Show ≠ Instant Engagement

Just because someone attends a trade show does not mean that every organization in attendance is relevant to her, or that she is eager to receive newsletters, the latest product updates or a sales call. Too many companies wrongly assume trade show attendance equals instant engagement.

If you don’t want to be banished to the spam file or voicemail, take the succeeding steps when following up with trade show prospects:

1. Invite or welcome them to your email list. Explain how you attained their names, make it personal and connect back to their motivation. Example: “I hope you enjoyed the conference as much as I did. We really believe in (core event values).”If they chatted with a sales professional, reference that conversation. Do what you can to show what you have in common (primarily, the event) and why they should engage with your company.
2. Create event-related content. Again, the event is what connects you. Write articles and blogs about it. Interview the event’s subject matter experts. Bring along a reporter. Demonstrate your value to attendees by providing a fresh perspective and helping them assimilate even more knowledge. After all, that’s why they attend conferences and trade shows. Use this content as part of a nurturing campaign, as outlined below.
3. Don’t sell, nurture. Only 5% to 15% of inquiries are ready to speak to Sales, so the rest require nurturing until they fit your universal lead definition (ULD).  (Don’t have one? Make one. Find out how here: “Universal Lead Definition: Why 61% of B2B marketers are wasting resources and how they can stop.”)Develop a lead-nurturing campaign to guide prospects through the marketing funnel until they’re ready to speak to Sales. Find out how to do that here: “Lead Nurturing: You could be losing as much as 80% of your sales; here’s how you keep them.”
4. Encourage your salespeople to make personal connections. Make sure your sales professionals individually follow up with the people they spoke with, whether that’s through sending email, connecting on LinkedIn, or following them on Twitter. People build relationships with people, not companies.
5. Keep them engaged, even if they’re never going to be a customer. Don’t discard attendees who are not a fit; they could become a champion of your brand, or possibly a partner or collaborator. Engage them by developing a nurturing campaign that will keep them abreast of what’s happening in your organization. Invite them to subscribe to an online newsletter, attend online events, or connect via social media.

Want to learn more about how to make the most of your trade show investment? Check out this article: “9 Simple Tactics to Drive a Higher Return on Trade Show Investment.”

Do you have additional recommendations to optimize trade show follow-up? Feel free to share them in the comments. I would love to hear your ideas.

Related Resources:

MarketingSherpa Email Summit 2013 — February 19-22 in Las Vegas

How to Use Lead Scoring to Drive the Highest Return on Your Trade-Show Investment

Lead Generation: 39% say offline lead gen has somewhat decreased

Lead Generation: Trends in 2012 marketing budgets

In the MarketingSherpa 2012 Executive Guide to Marketing Personnel, 52% of marketers from large companies agreed that their marketing departments’ potential are undermined because “management is autocratic, uses poor skills, is not encouraging, or has poor ethics.”

If this is a challenge you face as a leader, your problems run deeper than any one blog post can fix. After all, as John C. Maxwell has said, “There is no such thing as ‘business ethics;’ there’s just ethics.”

However, one way you can improve your department or agency and avoid being an autocratic, unethical leader (ouch) is by incorporating community giving into your team’s workflow.

Sometimes it can be difficult to carve out the time and resources to give back to the community, but the rewards for you and your staff are too numerous to ignore.

As an employee, to me the benefits are obvious. It feels good to not only support my coworkers with their philanthropic projects, but to know that they would similarly support me.

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An Instagram photo of MECLABS employees at the Susan G. Komen walk in Jacksonville, Fla.

Participating in events also provides a great bonding experience, and gives employees a chance to work together outside of the office.

However, as great as it is for employees, it can be harsh as a manager who has to answer to the bottom line. Reid Stone, CEO, HEROfarm, and Kurtis Loftus, President and Creative Director, The Kurtis Group, talk about how to balance the benefits of giving back with the realities of business.

“It benefits the bottom line when all of a sudden employees and managers are all communicating in a better way … which ultimately leads to more profit for the company. So internally, it’s phenomenal,” Reid said.

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Originally published on B2B LeadBlog

In the MarketingSherpa 2012 Lead Generation Benchmark Report, we asked 1,915 marketers about traffic volume and traffic that converts. Here’s what the data revealed …

Q: Which of the following sources generates the GREATEST VOLUME of traffic coming to your site?

Q: Which of the following sources generates traffic with the greatest CONVERSION RATES on your site?

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In the chart above, the darker bar on the left shows response to the “greatest volume” survey question, while the lighter bar on the right shows response to the “conversion rate” question. Let’s look at what your peers thought of this data …

Start with SEO and Email Marketing

“We have over 1,500 clients, and they concur with your research findings … a lot of people in the market over the last two years have been asking me about what they should be doing on social media,” said Tracey Voyce, Director, Bloomtools. “Now it has its place, but, everyone, please don’t invest, as a company, too much time and money in these areas until you have mastered SEO and email marketing, as they keep on delivering time after time.”

“It’s an interesting study, but worth remembering, and I am in complete agreement with Tracy that getting the basics sorted first is a must,” said Daniel Lack, Email Marketing Specialist, Intelligent Visual Communications. “Yes, SEO brings in more traffic, but in terms of cost against conversions, direct marketing has to be the starting point, with email campaigns consistently providing the best ROI — less traffic but similar conversions, and at a much lower cost.”

“Obviously SEO and social have their place and are effective marketing tools, but it’s about finding mediums that work for you rather than finding a way your business can use a medium,” Daniel said. “Just because it’s available doesn’t necessarily mean it’s right for your company or worth a huge investment in not just money, but time as well.”

Industry breakdown

“Great data. Thanks for sharing this,” said Fern Yit Lim, Online Sales Manager, Lufthansa. Based in Singapore, Fern was interested in industry and country breakdowns.

“Just curious in which industry and country was the data collected? Because the traffic and conversion rate from social channels really surprised me. In our developing markets, paid search still has the highest conversion rate, and in developed markets, it will be email for sure.”

This survey was fielded internationally. Here is a breakdown of respondents by industry …

Q. Which best describes the type of organization you work for?

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Reality-based metrics

And, I’ll give the final word to Debra Kline, President, Business Wise: “Thanks to MarketingSherpa for reality-based metrics rather than hype. The hype often turns us away from what “works” to what’s new or what’s cool. Here’s three cheers for reality!”

If you’d like to be featured in a future blog post, simply sign up for the free MarketingSherpa Chart of the Week newsletter and share your actionable advice on a future marketing industry chart.

Related Resources:

Webinar Replay: How to Integrate Social Media/SEO to Drive More Leads and Increase Marketing ROI

B2B Social Media Marketing: Focus on leads, not likes

Marketing Research Chart: Most effective traffic sources for website conversion

6 Tactics for Increasing Site Traffic and Improving Content

In the 2012 Lead Generation Benchmark Report, we asked 1,915 marketers which lead gen form fields were most important to them. Here’s what they had to say …

Q: Please select the most important fields you need to collect from your leads on lead generation forms.

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Interestingly enough, most of the discussion about this chart surrounded one of the lesser-used form fields – key pain point.

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I’ve been put in the audiences’ shoes a little more than usual this month. My idea, The Tomato Upstairs, has been chosen as one of five finalists in a national idea program. And since there is daily voting on the ideas until November 26, I’ve been promoting and marketing away to get some votes.

One thing I did was create a t-shirt to sell on the site, with proceeds going to a worthy cause. I created these sites and helped the cause open a store on CafePress.com, an online retailer of stock and user-customized on-demand products.

Then, something really caught my eye …

Like you, I see retargeting ads all the time. In fact, I’ve jokingly talked about them this way … “I visit your website once, and you stalk me across the Internet for the rest of my days.”

However, these ads really caught the attention of even my keenly skeptical eyes. After all, they were showing shirts that I created.

So, I reached out to Sumant Sridharan, VP & General Manager, CafePress.com, to get a quick background about the site’s retargeting efforts, and thought you might find these insights helpful for your own efforts …

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This week’s MarketingSherpa Book Giveaway features Search and Social: The Definitive Guide to Real-Time Content Marketing by Rob Garner, VP of Strategy, iCrossing (a Hearst company).

This book is based on six years of columns for MediaPost Search Insider and Social Insider, along with Rob’s speaking engagements, blog posts and experience as a marketing practitioner. The depth of this experience and knowledge really shows in the detailed, actionable information Rob provides readers.

I had the chance to hear Rob speak on this material at a recent Dallas/Fort Worth Search Engine Marketing Association meeting, and later got the opportunity to pick his brain a little on search, social and content marketing.

Here is the result of that conversation …

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Content marketing is hot right now, but unfortunately won  very important stage in the process is often an afterthought, or even overlooked completely.

If “won” word in the opening paragraph didn’t totally give it away, that stage is editing the content before it goes out to the rest of the world.

And, although the tips in this blog post are geared toward written word content pieces such as whitepapers or blog posts, it’s just as important to edit slides in presentations or webinars, audio/visual content like video and podcasts, and other types of content in your overall strategic mix.

In my career, both here at MECLABS and as a freelance writer, I’ve been on both sides of the coin – edited by a variety of people when creating journalism pieces and writing for corporate clients, and I’ve worn the editor hat at other times.

To provide some insight into the importance of editing, and to offer tips on incorporating an editing stage in your content creation process, I reached out to two of the best I’ve worked with over my career.

During my freelance writing days, Amber Jones Barry, now a freelance editor, had the opportunity to wrestle with my monthly copy for a consumer magazine, and Brad Bortone, Senior Research Editor, MECLABS, gets his fingerprints on a lot of the MarketingSherpa and MarketingExperiments content you read, making all of us sound a little better in the process.

In fact, we have an excellent editorial staff here at MECLABS, with more than one person poring over every bit of content we publish.

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At MarketingSherpa, our benchmark reports provide marketing executives and practitioners with extensive reference guides for strategic decision-making and tactical planning. The survey for our Marketing Analytics Benchmark Report is currently open (feel free to share you insights — respondents receive a free copy of the special report, Evaluating Website Optimization), and we’re currently working on the survey for our next benchmark report on email marketing.

What questions would you like asked in the Email Marketing Benchmark Survey?

Here’s where you come in. What email marketing information would help you do your job better?

Please use the comments section of this blog post to share your feedback, and we’ll take your insights into consideration as we shape a survey that we hope yields valuable data to help you do your job better.

Here’s a little more background to help as you consider this request. Marketers tell us they use these benchmark reports to:

• Prepare budgets
• Make informed business decisions
• Develop marketing plan forecasts
• Support proposals with data and charts

To help you see the result of these survey questions, here are a few charts from MarketingSherpa’s 2012 Email Marketing Benchmark Report.

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