MarketingSherpa Blog

Several weeks ago I had the opportunity to chat with Brian Carroll, Executive Director of Applied Research at MECLABS, the parent company for MarketingSherpa, about the current state of B2B marketing, and what marketers can look forward to in 2011.

Our discussion covered three main areas — the alignment of Marketing and Sales, marketing automation tools and marketing operations as new a position within Marketing — and how all three are related.

For those attending MarketingSherpa Email Summit 2011 (January 24-26 in Las Vegas), Brian will be moderating a panel entitled, “How to Develop Content for Specific Buying Stages” as a B2B breakout session on Day 2.

Aligning Marketing and Sales

B2B marketers are being pressured to prove their value, particularly in terms of being able to contribute measurable revenue, and the struggle is that marketers are not fully in control of the process. Essentially marketers do not get to own a lead from first contact to close. Leads are generated and at some point the baton is handed to Sales to, “run the race and win,” as Brian put it.

He explained to me, “A lot of marketers don’t really understand the challenges facing salespeople today because they haven’t been a salesperson themselves. So there is the age-old debate around Sales and Marketing alignment, which is — Marketing wishes salespeople would act on their leads and give them feedback, and the salespeople wish that Marketing would actually give them leads, or at least more of the good leads and less of the bad, because they want real opportunities.”

Brian said the big theme is: the alignment of Sales and Marketing will drive results from the top of the funnel to the bottom line. Many B2B marketers understand that aligning Marketing and Sales is a net gain for both departments and the entire company, and evidence of that can be found in the MarketingSherpa 2011 B2B Marketing Benchmark Report where research found that lead quality is a top priority for B2B marketers.

And to go back to Marketing proving its value in terms of revenue? Brian said the key metric more and more executives are looking to Marketing for is the expense-to-revenue ratio, that is, the expense of marketing efforts to the revenue produced.

Marketing Automation

According to Brian, marketing automation is not going to solve every problem, but it’s a great start to help marketers. He did caution that often starting a marketing automation effort can expose more problems than it solves. It can expose things like the weakness of the data quality marketers are using. So it’s important to remember marketing automation is a tool, but it won’t do the work for you.
He said many marketers are using marketing automation mostly as an email tool, and this usage can expose the lack of a content strategy.

“Most people are still doing ‘batch-and-blast’ campaigns to lists that aren’t very targeted,” Brian told me.

This ties back into the alignment between Sales and Marketing, because better alignment will, hopefully, help bring about a content strategy, clarity of the value proposition, effective lead qualification and a lead nurturing process.

Marketing Operations

During our talk, Brian said, “I think what’s really needed is new position within Marketing which is called ‘marketing operations,’ and what that entails is really working to understand how Marketing is interfacing with the different operational aspects of the company — including Sales, including IT, including Finance — because those are all the places that marketing needs to go to get the data points that they need in order to prove their value.

“And on the other side of that is they are often going to be interfacing with the product development, or R&D, inside the company as well.”

He added that when marketing automation exposes problems, it will be up to marketers to really act as leaders inside their companies to teach and explain, and to not just report data, but to give real insight to the executive suite. When the CEO asks why only 1000 emails were sent to a list of over 10,000, the marketer is ready to explain those 1000 addresses were created by a high-level segmentation and that targeted list represents 70% of the revenue opportunities for the year.

He thinks when marketers can achieve better alignment with Sales and are prepared to explain and lead, they will do a better job of marketing inside the company. And that will make their marketing outside the company more effective as well.

Related Resources

Email Marketing Summit 2011

Fostering Sales-Marketing Alignment: A 5-Step Lead Management Process (MarketingSherpa Members’ Library)

2011 B2B Marketing Benchmark Report

Marketing Career: Can you explain your job to a six-year-old?

Marketing Leader’s Perspective: No cogs allowed in social media and content marketing

At this time of year, I see many “My Top 10 Posts for 2010” or “Our Top Blog Posts of the Year.” Here on the MarketingSherpa Blog, we thought we’d try something a little different. We’re sharing your top posts of the year.

We used that neat little plug-in located in the upper right of every post, the Topsy Retweet Button, to determine which posts you (and your peers) found most valuable this year. Here’s what you had to say…

1. Blogs are Becoming the New Front Door for Prospects: Is Yours Open?
   “3 Ways To Make The Most Of A Corporate Blog” – @flowtown
2. Making Social and Email Work Together
   “Social and Email need to work together–people who use social media actually check their email more frequently” – @leeodden
3. Internet Marketing for Beginners: Email marketing optimization 101
   “Want more email capture? Great article from @MarketingSherpa, with a fab little formula on messaging effectiveness.” – @whistlerjedi
4. Email Marketing: “I am not dead yet”
   “Email Marketing returns an average of $42 for each dollar spent this year” – @Newspapergrl
5. Content Marketing: How to get your subject matter experts on your corporate blog
   “How to persuade in-house experts to go social via @sbosm” – @jeffhurt
6. Public Relations: The best press release is no press release
   “Talk to media like they’re your older brother!!” – @laermer
7. Lead generation: Real-time, data-driven B2B marketing and sales
   “David Meerman Scott shares good info on the integration of B2B social media and real-time lead gen” – @copywriter4u
8. Social Marketing: Twitter contest boosts followers 43%
   “story behind clever @Kobo campaign run on @Offerpop” – @abonde
9. Social Media Success Means Learning to Let Go
   “article on relinquishing control in social media to get more engagement and consistency. Great insights.” – @sarameaney
10. Ten Numbers Every Email Marketer Should Commit to Memory
    “Don’t forget about email” – @thearchergroup

Related Resources

Free subscription to MarketingSherpa Best of Weekly – Marketing case studies and research

Most-Tweeted Blog Posts of 2010: Facebook case study, social media marketing human factor, antisocial media, and more – MarketingExperiments Blog

Sherpa’s Take on B2B in 2010: Part Two – Marketing automation and lead generation content

Email Trends 2010: Proven tactics and test ideas

By PYoakum

There has been a lot of talk this month about the future of behavioral advertising and privacy on the Internet. This coming year could change if and how your team uses ads that target people’s browsing history.

The Federal Trade Commission published preliminary proposals for targeting online ads on Dec. 1, and the Department of Commerce published preliminary proposals for protecting consumer privacy on Dec. 16.

These statements came about two months after the Digital Advertising Alliance (DAA) launched a program that lets users ‘opt-out’ of behavioral tracking. The DAA is a coalition of industry groups that supports industry-based self-regulation for behavioral ads.

Outcome far from certain

What does all this mean? No one is entirely sure. The FTC and the Commerce Department’s proposals are not laws, but folks from the FTC have been speaking with Congress about the issue. And FTC Chairman Jon Leibowitz has expressed dissatisfaction with the industry’s self regulation.

This much is clear: behaviorally targeted advertising is raising privacy concerns. Consumers are seeing the shoes they just shopped for appear in ads on other websites, and that is freaking some people out. Two solutions have been floated:

– The FTC’s preliminary proposal: have a browser-based solution that signals to websites that a consumer has ‘opted-out’ of tracking

– The DAA’s program: let users ‘opt-out’ by clicking on an icon next to an ad. This program has been adopted by at least one major media-buying agency.

The potential for impact

Should either of these options — or some other ‘opt-out’ system — become a wide-spread reality, it could have serious implications for online advertising. Here are two stats to consider:

– An Interactive Advertising Bureau survey of ad agencies earlier this year found that 80% or more of digital advertising campaigns were touched by behavioral targeting.

– A USA Today/Gallup poll in December found that 67% of U.S. Internet users say advertisers should not be allowed to match ads to their browsing history.

A tremendous leap of faith is not required to assume that a sizeable portion of that 67% would gladly opt-out of all behaviorally based ads.

What you can do in the meantime

While Washington and the industry figure out what, if anything, will change, your team should look at its marketing and understand the importance of behavioral ads and tracking in your programs.

Consider what would happen if the ads stopped working as well, stopped working completely, or did not change — and what you should do in each case.

Also, talk to your agencies, affiliates and ad-networks. Find out what this means for the marketing they do on your behalf. The last thing you want to do is to be caught off guard by any changes.

Related resources:

Follow the FTC’s Street Team Guidelines: 4 Recommendations for Offline and Online Promos

FTC’s New Endorsement Guidelines: 6 Key Areas to Examine

The Google Slap: Affiliate Marketers must stay in compliance with Google and the FTC

I was digging through last year’s Wisdom Report and found a great quote supporting some recent research I’ve done on inbound marketing.

Jon Miller, VP, Marketing, Marketo, told us last year that although marketing budgets are in a 10-year shift out of brand advertising and into more measurable channels, he recently saw an uptick in brand-building tactics.

“Instead of mass advertising, today we are investing more in smart ways to build brand such as in social media, search engine optimization, and content marketing,” he said.

You need to take baby steps

Miller’s advice was for marketers to take a portion of their budgets normally spent on trade shows and list purchases and to use it to hire writers to publish and promote content.

“By getting your company’s expertise out there, you create broad awareness and affinity for your brand. Those investments will turn into leads, but they will be very early-stage leads. So don’t just send them to sales: be sure to score them to identify the best ones, and nurture and develop the rest with more great content and thought leadership,” Miller said.

This strikes a close resemblance to a conversation I recently had with Joe Pulizzi, Founder, Content Marketing Institute. Pulizzi noted that a well-planned content marketing strategy can achieve a range of goals — including lead generation. However, marketers just starting out should start small.

“Just because you have a content-marketing focus does not mean that you stop doing traditional media,” Pulizzi says. “Good content marketing takes time. If you completely shut off your other channels, someone is going to get fired. You need to take baby steps… I would never say ‘kill your advertising’ because in a lot of cases it works — it just works differently.”

Make a serious commitment

Taking ‘baby steps’ helps avoid marketing disasters — but you also need a serious commitment for any chance at success. Using high-quality content to attract leads is a strategy that takes time and effort.

Writing one blog post per week and spending 10 minutes per day on social networks is not likely to bear much fruit. Instead, you should set concrete marketing goals and select the best tactics to achieve them. Then you must regularly publish the high-quality content that your audience needs most — whether it’s a series of how-to videos, an e-book series, or something else.

Content creation can be expensive in terms of dollars and time spent — and some tactics are better than others. Here are the most effective tactics for creating content, as reported in MarketingSherpa’s 2011 B2B Benchmark Report:

1. Repurpose and reformat existing content: 64% of respondents
2. Encourage customers to submit testimonials and case studies: 53%
3. Recruit authors internally: 48%
4. Outsource to a consultant or agency: 27%
5. Use social media to encourage brand advocates to produce content: 20%

Creating compelling content is never easy — but more marketers are finding that it is helping them fortify their brands’ credibility and attract prospective customers. Take a look at your budget and schedule for 2011 and see if your team can find the time to give your audience the content it’s looking for.

Related Resources:

Content Marketing: How to get your subject matter experts on your corporate blog

Personal Branding: The five elements of being seen as a thought leader through crowdsourcing

At MarketingSherpa, we’ve noticed that inbound marketing is a growing tactic that is starting to show consistent results for marketers, which is why we’re launching an Inbound Marketing newsletter in 2011. For example, according to the MarketingSherpa 2011 B2B Marketing Benchmark Report, the majority of B2B organizations are increasing their marketing budgets for inbound tactics like social media and SEO.

So, I was a little surprised by a recent statistic that came across my desk. Out of 534 Fortune 1000 CMOs surveyed byBlog2Print, only 23.2 % utilize corporate blogs. As a content marketing insider, I thought everyone and their sister (well, my sister is at least) is blogging. But that’s my problem. As a content marketing insider, I get all tingly when I see my blogs’ names up in lights on a tree (no, that’s not a Christmas reference. For a creative interesting inbound marketing tactic, check out The Blog Tree by Eloqua and Jess3. And thanks, Joe!)

So I pulled another Sherpa book off my shelf (the 2010 Social Media Marketing Benchmark Report, for those keeping score at home), and noticed that while marketers find blogging to be one of the most effective social media tactics (behind only blogger relations and microblogging), it is also one of the most difficult (second only to blogger relations).

So, to help you kick start your blog in the new year (or kick start the new year with a new blog), here’s a three-part answer to a question that I find marketers often struggle with: How can I get subject matter experts onto my corporate blog?

Step #1: Make it easier

While I have the luxury of a highly talented team of reporters and writers here on the MarketingSherpa blog, over on the MarketingExperiments blog we rely on subject matter experts who have better things to do than write blog posts. Their time is valuable. And one way they don’t want to spend it is figuring out a blog platform.

Yet, when I first started with that blog, our research analysts were publishing their own posts. They were going into WordPress, wrestling with picture layouts, the whole nine. We quickly removed that impediment. All we require is a poorly written Word document. Sometimes just an interview. Heck, once I even received a blog post written in Excel from a data analyst.

We don’t need their writing (or blog posting) skills. We can do that for them. We just want their subject matter expertise. Because these guys (and gals) are smart, and there is no way we can replicate their years of research and experience.

You might not have the exact same infrastructure, but ask yourself this – is there any way I can make the entire process easier? Ask them to forward an email they’ve already written. Take them for a walk and pick their brain. Heck, check out what they scribble on whiteboards throughout the day. After all, while they may be engineers or architects, they certainly aren’t writers. And they don’t need to be.

Step #2: Show them what they know

Another thing I’ve found with subject matter experts is that they are, as the name implies, experts. That means they have extremely deep knowledge. So, sometimes they set too high a bar for themselves. They don’t realize that their likely audience is not…well, experts. So when it comes to putting themselves out there in the world, they want to write a deep, knowledgeable post that will take them three weeks to compose and possibly will only be understood by three people.

Or they could swing in the other direction. They assume that everyone knows what they know and they would be mocked for even thinking about writing about such a simplistic topic. “Pssshhh. Everyone knows a 3.89-meter transinducer couldn’t stand up to the shock of multiple neutron bomb strikes with a 12 parsec velocity” Substitute the word “transinducer” with “server specs” or “mortgage regulations” and you’ll likely face the same challenge.

It’s something we wrestle with on our blogs as well. Where is the sweet spot? We don’t want to write content that is too elementary or too advanced. But sometimes I overshoot as well and forget that simple blog posts can be very helpful, as we’ve found with recent blog posts about email marketing and landing page optimization.

So challenge your SMEs (I love that abbreviation…so Peter Pan-esque) with this question – if I was new to our industry, what are the first three things you would want me to know? A treasure trove of blog post lies in the answer to that question.

Step #3: Reward them (differently)

While doing good is its own reward, writing a blog post is not. It’s one more task you’re throwing onto an already too big heap. After all, they (like you) are busy.

And, essentially, what you’re trying to do here is make a sale. Getting a subject matter expert to write a blog post is a conversion. So work up some of your marketing mojo and make sure there is a true value exchange. You are buying some of their precious and scarce time, and what do you have to offer in return?

While it is part of everybody’s job to help make the company more successful, in fairness, you will be getting more than you’re giving. Still, it’s important to reward your SMEs (more than Captain Hook did for Mr. Smee, that’s for sure) for the time and effort they put in to help grease the wheels for you as you try to get future blog posts from that subject matter expert.

But there is no one-size-fits-all solution that makes a good reward for a blog post. So, you must ask yourself – what motivates my subject matter experts? Here are a few types of subject matter experts and the rewards that might be most helpful to them (most people are a combination of the below archtypes):

• The Aspiring Industry Rock Star – Show them all the recognition they’re getting around the Web and particularly in your industry. Show them how their post was tweeted or quoted by an industry luminary.
• The Plumber – As Eddie Vedder said, “I want to be the plumber of rock stars.” Some people just like helping others and making a difference. For these people, share feedback you’ve received from your audience showing them how they helped move the needle in people’s careers and in their lives.
• The Ladder Climber – For these people, it’s all about career growth. So, do what you’re doing for the plumbers and the rock stars, just make sure that their boss (and their boss’s boss) knows about it as well.
• The Bottom Liner – It’s all about the Benjamins, baby. One of the reasons we all work, we all leave our loved ones and head out on that 6:35 train, is for filthy lucre. Try to work with your management in getting a little something extra for bloggers. A $25 Starbucks gift card for the blogger with the most tweets every month. A small year-end bonus for the person with the most comments. If it’s worth doing, it’s worth properly incenting.

And always, always, always give credit where it’s due. Speaking of which, thanks to Ruth White-Cabbell of Cisco for a conversation that inspired this post, and our own Joelle Parra for copy editing and Sean Kinberger for designing and posting what you just read.

Related resources

Create and Manage a Team-Authored Blog: 8 steps to reap SEO gains

How to Keep Your Blog Out of a Courtroom – Advice from a Legal Pro on Providing, Creating Content – Member’s Library

The MarketingExperiments Quarterly research Journal, Q3 2010

photo by: Mai Le

Kristin Zhivago, a longtime friend of MarketingSherpa, has over 30 years of experience working toward improving the alignment between Sales and Marketing. Through her company, Zhivago Management Partners, she works as a “revenue coach” for entrepreneurs and CEOs at companies from startups to Fortune 500 firms.

Her current focus is on making the entire sales and marketing process more customer-centric, and a major part of that effort is to conduct research and actually map out the customer’s buying process. This process is unique down to different customer groups (such as an IT buyer versus a C-level buyer) for specific products at specific companies.

Four product and service categories

During a recent conversation about how to create a customer-centric marketing organization at a B2B firm, Kristin also offered an interesting insight that applies to B2C marketers as well. After being part of mapping many customer buying processes for many different products at different companies, she developed the idea that all products and services fall into one of four categories based on the amount of scrutiny the customer applies to the buying process:

• Light scrutiny products are impulse purchases and relatively inexpensive trinkets. She describes them as, “checkout counter” stuff.
• Medium scrutiny products include items such as clothing. There are questions, but usually only one buyer, and these products run from the tens, to the hundreds, of dollars.
• Heavy scrutiny products include items like cars and houses. Zhivago says they involve contracts, salepeople and possibly a demonstration or some other type of try-it-before-you-buy-it. Heavy scrutiny products involve lots of questions and most likely multiple buyers.
• Intense scrutiny is everything involved with heavy scrutiny, plus, as Zhivago puts it, “you get married.”Intense scrutiny products involve some measure of ongoing services.

Knowing what category the product or service you are selling falls under is key to implementing the correct strategies for marketing to customers.

Marketing to the wrong category

Treating a light scrutiny product as though it was a medium scrutiny product only serves to waste sales and marketing resources. Little stuff like money and time.

And treating a heavy, or even intense, scrutiny product or service like it was merely a medium scrutiny product is a recipe for disaster. The customer has a page full of detailed questions and is looking for a little hand-holding while the company is whistling and tapping its foot with arms crossed, so to speak, and thinking, “Why don’t they just buy the thing already?”

Kristin told me she came up the four product categories after seeing companies making both of the above mistakes over and over again. As she put it, once a company knows what category their product or service falls under, they can stop making stupid mistakes like churning out newsletters teaching people how to chew gum.

I don’t know about you, but I think I have gum chewing pretty nailed down.

Related Resources

Guided by Buyers: Four tactics to create a customer-centric sales and marketing strategy (Open access until 12/25)

Conversion Window: How to find the right time to ask your customer to act

Kristin Zhivago Reveals What Businesses are Doing Right — and What They Are Doing Very, Very Wrong

Marketing Career: How to become an indispensable asset to your company (even in a bad economy)

One of the key takeaways from last year’s MarketingSherpa Email Summit was that improving engagement with email subscribers could improve deliverability. Email service providers now consider all the positive and negative interactions with your messages when deciding whether to mark your messages as spam.

This means subscribers who rarely open or click email messages can drag down your emails’ reputation. What can be done about this?

Remove unresponsive names

First of all, as noted in the MarketingSherpa 2011 Email Marketing Benchmark Report, the effectiveness of tactics used to improve deliverability varies significantly. However, one marketer told our researchers:

“Removal of non-participating subscribers has had the most influence on improving deliverability and email performance rates in all aspects of email marketing. In other words, get rid of the deadbeat email addresses and everything improves, and the spam companies leave our email alone.”

Deleting unresponsive subscribers might seem extreme. A typical rationale is that they have not unsubscribed and they might convert some day. Since email costs nearly nothing to send, why not hold on to the names?

My assumption, based on years of interviewing all types of marketers,  is that regularly emailing subscribers who’ve not acted in six months or longer is more likely to hurt your email program than it is to help it. The good news is that you do not have to delete them outright — at least not right away.

Win them back or kick them out

You can try to reactivate unresponsive subscribers with a win-back or re-engagement campaign. This way you can hopefully salvage some good names from the trash heap.

A more radical tactic is to ask all subscribers to re-opt-in. This was done in one instance by an email marketer at the Indianapolis Symphony Orchestra who had a mostly unresponsive database. Although he eventually cut about 95% of his subscribers, it gave his team a solid foundation from which to build an effective program and helped double online sales.

The hardest part about these strategies is the last step: deleting the subscribers who do not respond. You might be persuaded to think that these names cannot be worthless, that they must have some value. And they do have value: negative value. Continuing to email them is only going to hurt, so let them go.

Related resources

MarketingSherpa Email Summit 2011

MarketingSherpa 2011 Email Marketing Benchmark Report

Email Marketing: Why should I help you?

It’s the most wonderful time of the year…that is, unless you’re trying to minimize the amount of extra work you need to do before the calendar flips to 2011. Every December, my inbox lights up like Rockefeller Center, filled with email and social media requests from various publications asking me to submit my thoughts about the year that’s ending, and the one yet to come.

These crowdsourcing efforts are a great opportunity for so-called “personal branding” and “thought leadership” for the average marketer. But as much as I’d love to share my ideas with every one of these outlets, like many of you, I simply don’t have the time to do so. So when I do take the time, I want to make sure my ideas get picked. But what stands out?

How to grab attention

Well this year I have a unique perspective on the topic because I’m sitting on the other side of the submission form as well – I’m editing MarketingSherpa’s 2011 Wisdom Report. If you’re not familiar with our Wisdom Report, it’s a little New Year’s gift we distribute free to our audience of 237,000 readers. You can take a look at last year’s Wisdom Report for real-life stories and lessons from 70 of your fellow client- and agency-side marketers to see what I’m talking about.

Based on this experience, I’ve discovered an area that I’ve gained significant wisdom in – crafting a successful crowdsourcing submission. So if you do take the time to share your knowledge, it’s worth your while. (Some of this might apply to you public relations folks as you pitch media outlets as well.) And if you’d like to share your wisdom with our audience, I’m all ears.

1. Sometimes, simpler is better.

As much as we love to hear results, it’s not necessary to provide us your company’s bottom line or a three-part novella in order to have your entry published in the Wisdom Report. Sometimes, the simplest, most concise entry can evoke more inspiration than reams of positive results. Below are two of our favorites from the 2010 Wisdom Report (and based on feedback we received, they were among your favorites, as well):

“Consistently recognize the individual efforts of team members. Be specific. Be appreciative. Especially this year – when budgets are tight, tensions are high, and pay raises but a dream – affirmation and acknowledgement becomes even more meaningful. Making it a point to do this can positively alter the culture of an organization. I’ve seen it happen!”

And of course, there’s always the “Golden Rule”:

“Never undermine people who are working for/with you, and who you are working for…”

If that doesn’t qualify as universal wisdom, I’m not sure what does.

2. Be honest. Be yourself. Be real.

A trite platitude? Perhaps. But not all platitudes are without value. Each year, the Wisdom Report provides a forum for marketers to speak candidly about both successes and failures, explaining how their outcomes become lessons – lessons that provide a basis for future planning and a better understanding of their respective situations.

And, with the country still struggling within a tough economy, there are undoubtedly many of you who were forced to find new ways and means to stay afloat – and stay profitable – in 2010. You’re not alone.

As much as necessity is the mother of invention, our recent economic struggles have to be considered the mother of innovation – innovation that drove you to maximize limited marketing budgets, test new ideas and hopefully, create new opportunities to build upon for future success.

In short, the most successful Wisdom Report submissions are the ones that put aside the usual posturing and marketing-speak, and replace them with honest reflection to be shared with your peers.

~~~~~~~

As mentioned earlier, with each year that we publish the Wisdom Report, we also receive an increasing number of entries that deviate from our intended focus. These “rogue” entrants often choose to entertain more than enlighten, and promote more than they inspire. Because of this, they also don’t get in.

Let’s discuss what not to do when composing your 2011 Wisdom Report entry.

3. Laughter isn’t always the best medicine…especially when the medicine isn’t funny in the first place.

I think we all know, whenever you post an online entry form, you run the risk of a few attention-starved individuals (or bots) trying to garner a few seconds in the spotlight.  Sometimes these submissions can be amusing. Sometimes, they even contain a modicum of relevance to the topic at hand. But most of the time, Web-trolling Shecky Greenes provide entries more akin to this 2009 slice of hilarity:

“You can tune a piano, but you can’t tuna fish.”
— H. Jass, (company and location unknown)

First off, this is a family publication, so I’ll just let you figure out what the “H” in this person’s name actually represents. But more importantly, this one-liner wouldn’t sound right coming out of my crazy uncle’s mouth, much less that of a respected marketer.  This is more an example of failed spam filter than it is a legitimate submission.  But, as you’ll see, humor doesn’t quite get the job done in the following entry, either:

“If it ain’t broke, you probably haven’t tested it in Outlook or Internet Explorer yet.”

Yes, this is a more intelligent, amusing entry than the one above. But it’s still not exactly “wisdom,” now is it? Since our website and publications reach a fairly targeted audience, it’s safe to assume that this person isn’t just an Internet wise guy, but more likely a marketer who believed that this humor would somehow fit right alongside submissions from our focused, business-minded reader population.

Had this entry been accompanied by an anecdote explaining how his/her company saved money in a tough economy by eschewing enterprise software for open source offerings, then the quote isn’t only amusing, but also relevant to a broader audience.

4. Proofreading proves wisdom.

One thing that remains great about the Wisdom Report each year is how it allows marketers to represent themselves, and their companies, in their own words, rather than through homogenized “marketing-speak.” This is why it’s so important to spend a few minutes reviewing your submission, rather than quickly hammering out an entry replete with typos, grammatical errors and other mistakes that could possibly present you in a less-than-flattering light.

Note that we only edit submissions for simple errors. If a submission is written in a way that makes it difficult to decipher, we simply don’t use it, even if it contains a wealth of valuable information underneath the typos. It’s not feasible for us to contact you for clarification, nor do we publish inaccurate, error-filled copy.

Bottom line – a few extra minutes with a red pen could garner your words – and possibly, your company – some very valuable exposure with our readership. Don’t let your haste turn into our waste.

One example of this is an excerpt from last year’s Wisdom Report:

“Ranking Ranking..I want our site to be ranked number 1..” Sounds familiar ? From your clients ? Or from your management ? Many site owners fall into this, even till the extend of entering keywords they feel they should be ranked the number 1 spot which they haven’t. And they could rant on and on with ever debates on keyword rankings. Without even realizing does the ranking actually correlate to targeted traffic and eventually successful conversions which relates back to the overall business goals and objectives…”

As you can see, this person clearly had a number of thoughts about SEO and search marketing. But, while the “stream of consciousness” tone gives this entry a sense of enthusiasm, it was simply too grammatically poor to enter as-is.

Because of the inherent value in this person’s complete submission, we chose to edit and use it in the book. But, once we begin rewriting a submission for grammar and punctuation, it can no longer truly be considered “in your own words” – which simply isn’t in line with the spirit of this publication.

5. Show, don’t tell. And no matter what, please don’t sell.

I can already hear the uproar – “How are we supposed to discuss our successes without promoting our [companies/products/brands/taglines/other]???”

Simple.  Tell us a story that has universal value – value that can be applied across tactics, industries, borders and cultures. Tell us what worked and what didn’t. Tell us about creative new risks or your back-to-basics approach.  Don’t just tell us that you’re even more amazing than you already were – tell us why and how you’ve improved.

Once more with feeling, from the 2010 Wisdom Report:

“My embroidery and logowear business, [company name], is one of only a few in our industry to find success using a Web-based model, and I’m convinced it’s because we’ve been able to take our key differentiators — including exceptional customer service — and effectively communicate them to an online audience…”

The above is the (submitted) opening line from one of last year’s contributors. At its core, this is a very strong sentence that serves to introduce a solid anecdote about simplicity in Web design and online forms. The problem is that in order to get to that solid anecdote, you had to endure a) the company name and target market, b) a self-serving statement about the company’s superiority in its space, and c) a thinly-veiled pat on the back.

It’s not that the company doesn’t deserve accolades. It’s that only after the reader gets past this boilerplate copy does the submission demonstrate its true value. And, following some extensive details, we read:

“Conversions increased 49 percent with the new form, cementing for us the idea that people want to do business with people, not with Web sites.”

This simple statement offers us a concrete metric, and more importantly, a statement about how this new tactic led to a valuable lesson that is applicable beyond this specific business.

I think you get the point.

We’re sure you’ve got a great story to tell that will help make us all better marketers in 2011. And we look forward to reading them.

Related resources

Submit your 2011 Wisdom Report entry

2010 MarketingSherpa Wisdom Report

Public Relations: The best press release is no press release

“The best research is when individuals pull out their wallet and vote with cold, hard cash.” – my first boss

My first experience in marketing was working with a specialized publishing company. I had the privilege to work on exciting products with sexy topics such as “human resource compliance regulations.” Trust me when I tell you there is no better ice-breaker at a party than talking about a ground-breaking court ruling that will change how your company meets compliance of the Fair Labor Standards Act (FLSA).

As a publisher, we used direct-response marketing to drive sales, with an aggressive program of direct-mail, email and telemarketing. And when it came to new product development, we were big believers in research. From customer surveys to industry research to focus groups, we used it all to make the best possible decision. At least, that was the general assumption…

Out of focus

You always have to test because many research tactics just help you achieve a best guess. And while a best guess is often closer to the truth than a random guess, it’s sometimes widely off the mark. In fact, I learned a valuable lesson one day when our company performed a focus group.

The members of this particular focus group were subscribers of a paid newsletter, and we knew that each person had subscribed by responding to a specific direct mail piece. That mail piece was extremely effective, with a powerful but somewhat provocative subject line and letter. Many people loved that direct-mail piece, but many hated it, so we wanted to get the opinion of the focus group members. When we showed the group the direct-mail piece and asked them if they would respond to that piece, 40 percent said they would never respond (if they only knew what we knew). Wow, we were shocked!

So, should we conclude that those 40% were bold-faced liars? Not necessarily. What we can conclude is that what people say they will do and what they actually do may be totally different. That is why research is only part of the equation, but if you want to sleep well at night, you have to take the next step…

Voting with their wallets

At the end of the day, the best research was when we tested the product and let the customers in the marketplace determine with their wallet if it was a viable product. We would test critical elements, like book title and price, and very quickly we would know if we had a winner or not.

Yes, all of the surveys and research were necessary to get started, but the most critical research was in our testing program. Testing is an amazing research tool. Regardless of the conversion you are trying to achieve, when your prospect takes (or doesn’t take) an action, you a have a valuable piece of information. Your conversion goal may be an event ticket sale, a white paper download, an email newsletter signup, or hundreds of other possible actions, but one thing never changes – the action you are seeking to drive can be tracked.

And if you’re ready to measure when your prospect engages with you, that is when the learning begins.

So, I’m thankful for that boss early in my career telling me repeatedly that the best research is when individuals pull out their wallet and vote with cold-hard cash. Over the years, I’ve had many experiences when individuals tell me they are going to do something but until they actually do it, I’m a little skeptical. (Editor’s Note: It’s true. Todd told me he was going to write a blog post for quite awhile. Now, I believe it.)

So gather as much research as possible, but always remember that cold, hard cash is a pretty sweet piece of research.

Related resources

Are Surveys Misleading? 7 Questions for Better Market Research (Members Library)

Marketing Research and Surveys: There are no secrets to online marketing success in this blog post

Focus Groups Vs. Reality: Would you buy a product that doesn’t exist with pretend money you don’t have?

Never Pull Sofa Duty Again: Stop guessing what your audience wants and start asking

Social media marketing often involves interacting with your audience and giving it what it wants — whether it wants high quality content, customer service or something else. Consistently meeting these goals helps build a following on the networks.

Neil Bhapkar, Online Marketing Manager, Kobo, and his team had followings on Facebook and Twitter, but wanted to boost Twitter followers last August. The marketing team at the global e-book retailer had experimented with a Twitter contest earlier in the year, and wanted to give it another shot with a heavier marketing push.

Kobo had about 4,600 Twitter followers at the time. Although Bhapkar did not consider Twitter to be his team’s most impactful channel, he felt that holding a contest on the network could help boost followers while further engaging Kobo’s online audience.

“I would call it efficient because it’s not overly costly,” Bhapkar says. “It’s a unique way to push the envelope in how we’re engaging with our customers and getting them to spread the word about Kobo.”

Promote contest through multiple channels

The team designed a contest to give away three of Kobo’s eReaders. People who followed Kobo received one entry into the contest. Additional entries could be received by tweeting a book recommendation with the @Kobo tag. For example:

“My favorite books is Huckleberry Finn by Mark Twain @Kobo”

The team explained these rules on a contest landing page (pictured here). The page also included:
o Picture of the eReaders
o Countdown clock
o Links to share the landing page via Twitter, Facebook or email
o Official contest rules.

The contest lasted 10 days, during which the team promoted the contest in the following channels:

– Email

Just a few hours after announcing the campaign on Twitter, the team sent an email to its house list describing the rules and linking to the landing page. This was the only email sent to its list for the effort. The team’s parent company, Indigo Books & Music, also added a button in its email newsletter linked to the contest landing page.

– Homepage banner

The team posted a large image on its homepage, just below the fold, mentioning the campaign and linking to the landing page.

– Social media

The team launched the contest on Twitter using software from Offerpop, through which they also monitored its progress. The team reminded Twitter followers about the contest about five times over the 10-day span.

“Whenever the launch happens, there’s a first burst of activity and then it flattens,” Bhapkar says. “The best way to reinvigorate it is by tweeting to our follower base to remind them of what is happening.”

The team also mentioned the contests to its Facebook followers.

– Paid search

The team ran paid search advertising in Google for branded keywords such as “kobo ereader” and linked the ads to the contest landing page.

More engagement from relevant offer

After 10 days, the team closed the contest, randomly picked three winners and reached out to them with direct Twitter messages. Results the team saw include:
o 43.5% increase in Twitter followers
o Reached about 500,000 Twitter users with tweets related to the campaign
o More engagement with Kobo’s audience

“It was surprising how engaged some of the most active followers were. Some people didn’t stop at having just one recommendation or two. They actually had double digits; 10, 20. They were really interested in pushing their recommendations…not just in spurts but throughout the duration of the contest,” Bhapkar says.

By crafting an offer sure to interest Kobo’s followers and by encouraging more engagement, the team concentrated more energy into its Twitter campaign and saw an appreciable lift in followers. Due to its low cost, the campaign proved to be an efficient means for increasing Kobo’s following online, Bhapkar says.

Related resources

Social Marketing ROAD Map Handbook

Social Media Marketing Benchmark Report

Social Media Marketing: How enterprise-level social media managers handle negative sentiment