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Posts Tagged ‘content marketing’

B2B Challenges: Marketing to a long sales cycle

May 13th, 2011

We just launched the registration landing pages for our upcoming MarketingSherpa B2B Summits — the first will be held September 26-27 in Boston, and the second October 24-25 in San Francisco — and looking toward those events got me thinking about all the learnings I’ve taken away from these last months of digging deeply into the complex world of B2B marketing.

Since I began covering the MarketingSherpa B2B beat toward the end of last year, I’ve had the opportunity to speak with many marketers, industry experts, and our internal researchers and thought leaders here at MECLABS (MarketingSherpa’s parent company). One area that really separates B2B from B2C marketing has come up many times — the complexity of the B2B sale and the length of the B2B sales cycle.

Our research, based on interviews with 935 B2B marketers in the MarketingSherpa 2011 B2B Marketing Benchmark Report, found marketing to a lengthening sales cycle as a growing concern, and the third-most-pressing challenge for B2B marketers today (trailing only quality and quantity of lead generation):

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That same report shows that more than one-third of B2B sales cycles from first inquiry to closed deal last seven months, or longer:

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During my B2B beat reporting I’ve learned quite a bit about three very interrelated marketing areas that address this challenge — the strategy of lead nurturing, the tactic of drip marketing campaigns and the use of marketing automation software tools.

Growing the lead into a sales-ready prospect

A lead generated is very rarely a lead ready to hand off to Sales, and when your sales cycle is measured in months, or even longer than a year, you want to have a lead nurturing program to keep in touch with that potential customer and turn them into a sales-ready lead.

Brian Carroll, Executive Director of Applied Research, MECLABS, explained to me that most lead nurturing programs don’t have an impact on conversion before at least five meaningful touches, and that the important thing is to continue nurturing leads whether it takes five touches or 25 touches to get them to the sales-ready point.

He says, “If you have a nine-month sales cycle, you should nurture a lead in those nine months, and that’s at a minimum level. So that means nine nurturing patterns during the course of that lead.”

Here’s a table from the 2011 B2B Marketing Advanced Practices Handbook outlining some lead nurturing basics:

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If you notice, content is a major aspect of that table. That’s because content marketing is a key element in lead nurturing. New information about your product is a good reason to reach out to the nurtured lead. So is a vendor-agnostic article from an industry thought leader that provides usable information or advice on your business area.

Other touches might include an invitation to an event, such as a webinar, or maybe an executive summary and key takeaway list from an event along with links to video or audio excerpts from the presentation.

Content marketing is not the only piece in a lead nurturing campaign, but it should be an area of high priority focus.

Keeping those touches coming

If lead nurturing is an overall strategy to meet the challenge of a long sales cycle, drip marketing is a specific tactic to execute that strategy. Drip marketing involves automatically sending marketing messages to your list via email or other methods. The messages are “dripped” in a series based on the specific behavior or status of the recipient.

Here’s Jeanne Jennings from a SherpaBlog post on drip marketing:

Drip campaigns take their name from drip irrigation, which saves resources by allowing water and fertilizer to be consistently delivered directly to the roots of plants. There’s less waste than with sprinklers and topical fertilizer application; drip irrigation also provides a consistent level of moisture to the soil, rather than the “soak and dry” experience that sprinklers provide.

Drip marketing campaigns are most commonly delivered via the email channel because of its short turn-around, quick delivery time and cost-effective nature. A drip campaign involves a series of messages that are sent or “dripped” in a predefined order at a predefined interval. Each message in the campaign stands on its own but also builds on the missives that have come before it. A drip campaign is a response to a specific behavior or status of the recipient – and it encourages a specific action.

… and then SkyNet took over

Actually April 19th has passed and I’m pretty certain no terminator robots are heading back in time as I write this post, but lead nurturing does have a powerful tool that makes the entire process much easier to manage — marketing automation software.

Marketing automation offers many benefits for marketers:

  • It provides a trackable database and measurable analytic results for marketing efforts
  • It, well, automates many marketing tasks that previously had to be handled manually
  • For a long sales cycle, multi-touch lead nurturing campaign, it allows marketers to focus on determining the creative elements of the effort — email copy, content with each touch, etc. — and setting the timing and triggers for each touch, and the software handles the actual execution of the campaign

A small business with a handful of leads to nurture can most likely run the campaign manually. A large corporation with hundreds, thousands, or even many more leads will require marketing automation to run an effective lead nurturing program.

Related Resources

Members library – B2B How-To: 5 lead nurturing tactics to get from lead gen to sales-qualified

Members library – How-To Increase Relevance: Integrating drip marketing into an email campaign

No Budget and Less Time? Lead Nurturing in Five Simple Steps

Lead Marketing: Cost-per-lead and lead nurturing ROI

B2B Marketing: Calls-to-action and the business buying cycle

Members libarary — How and When to Use Content in the B2B Sales Process

Inbound Marketing: Unlock the content from your emails and social marketing

April 19th, 2011

Think about how many emails you sent yesterday. Now think about how many your company sent yesterday — to customers and coworkers. Probably thousands of unique emails, right? That is a mountain of content, but little of it gets used for marketing.

I spoke last week with Chris Baggott, CEO and Co-Founder of Compendium (also co-founder of ExactTarget). During our discussion, Baggott pointed out two content-rich resources that marketers often overlook: their email marketing campaigns, and their social media profiles.

Marketing emails, for example, often tell a story or feature content that is not published elsewhere. The content is not indexed by search engines — but it could be if published online.

Also, the comments and conversations on your Facebook profile typically never escape the walled garden. But you can grab that content and incorporate it into your marketing.Content Funnel

“We’re working on breaking down content silos to be able to pull content from anywhere and distribute content anywhere,” Baggott says.

Here are some examples Baggott provided of how some companies are breaking down content silos and combining email marketing, social marketing, natural search and content marketing:

Publishing emails for long-tail search

One of Baggott’s first points was that a company’s emails are a huge untapped resource for content. Of course, there are your marketing emails, as mentioned above. But even your sales and customer service emails can be published.

Sales and service teams write thousands of emails to answer customers’ questions. Questions such as:

  • What is the best product for my situation?
  • When would I have to update my product?
  • Will this product work while I’m traveling?

The answers to these questions are extremely specific to each customer’s situation. If published, they’re potentially valuable for long-tail (low volume, highly qualified) search traffic. What is the best parka for sub-zero temperatures? That sounds like a Google search to me…

Of course, not every email you send will be valuable. They should be screened before publishing, but you could identify several emails to publish each day.

Collecting and leveraging user-generated content

Baggott also mentioned an email strategy to gather and use content in your program. Here’s the process he laid out:

  1. Send a triggered email asking customers for reviews, testimonials, or other types of user-generated content. These emails can be sent after customers use a product, such as after they’ve stayed in a hotel room.
  2. Publish that content online to help attract natural search traffic and encourage visitors to sign up for your emails.
  3. Send another triggered email asking customers to share their content with friends on social networks.
  4. Use the content in marketing emails or nurturing campaigns.

The content generated, again, will be very specific to each customer’s situation. If you have good information in your database, you can match the content to subscribers’ attributes and use it to send them targeted, highly relevant messages.

“One of the biggest problems we’ve always had with dynamic content [in email marketing] is the content,” Baggott says. “The problem isn’t that I don’t have enough data, or the tools to make it easy to send relevant emails. The problem is that I don’t have enough relevant content to send to the right person.”

Related resources

Social Media Marketing: Turning social media engagement into action at Threadless

Inbound Marketing: A pioneering YouTube video strategy

Marketing Research Chart: Top tactics for delivering relevant email content

Marketing Research Chart: Using social media as a list-growth tactic

Search Marketing: Capture future seasonal traffic lifts by preparing today with these 4 SEO factors

Inbound Marketing newsletter – Free Case Studies and How To Articles from MarketingSherpa’s reporters

Inbound Marketing: A pioneering YouTube video strategy

March 22nd, 2011

Being a reporter has its ups and downs. Thankfully, some articles are a pleasure to write. I was thrilled to publish our latest inbound marketing article featuring the YouTube video strategy of Orabrush, a brand of breath-freshening tongue cleaners.

Orabrush YouTube Landing PageOrabrush’s strategy has pulled-in over 35 million video views and powers the majority of the company’s marketing. Below, I’ve pointed out three key areas that I like about this strategy.

CMO as Chief Marketing Publisher

A central tenet of inbound marketing is that marketers need to think of themselves as publishers. Rather than buying ads in a media outlet, your brand builds the media outlet. You own the newsletters, blogs, apps, webinars — or whichever platform you select.

Jeffrey Harmon is CMO at Orabrush. His team is committed to consistently delivering the videos its audience enjoys and expects. This makes for a demanding publishing schedule, but that’s the life of a Chief Marketing Publisher. Deadlines must be met and quality must be maintained.

Another tenet of inbound marketing is that your content is not advertising — it’s rich information that interests your audience. Your brand and products can be included, but they are secondary. The content must give the audience what it wants while helping to achieve your marketing goals.

Orabrush does this by creating several types of video, as described in the article. The majority of videos are intended to engage and entertain — which is what Orabrush’s audience wants. Other videos are intended to encourage conversions while also entertaining.

This isn’t just for the LOLs

Orabrush’s videos are funny and they’ve built an audience. But at the end of the day, the company needs to sell tongue brushes. Harmon’s team is not trying to build an audience to sell advertising.

That is why Orabrush’s marketers have included calls-to-action throughout its videos and YouTube page. Viewers are encouraged to:
o Watch another video
o Share the video on Facebook or Twitter
o Connect with Orabrush on other social networks
o Visit Orabrush’s website
o Request a free brush
o Locate a nearby Orabrush store
o And more

You can see a great example of their calls-to-action at the end of this short video:

This approach applies directly to inbound marketing. The content is the main attraction. It is the reason Orabrush’s YouTube page exists. But while viewers enjoy videos, they’re encouraged to interact with the brand, visit the site, and try out an Orabrush.

Experimentation and research drive the ship

Orabrush has an elaborate YouTube page. The channel is part video-viewer, part landing page, part social channel. The design is the result of several years of research and testing by Harmon and his team.

Orabrush is not afraid to test new ideas, which is how it developed this strategy. Its YouTube page was not a modified best practice. The marketers built it piece by piece through rigorous testing.

Even Orabrush’s first forays into video were experiments. As mentioned in the article, Harmon first tested adding another publisher’s video to one of Orabrush’s landing pages. That video boosted conversion rates by 200%, and it served as the first step in the long journey to build Orabrush’s video strategy as it stands today.

Without its culture of experimentation and testing, Orabrush would not likely have such a powerful presence on YouTube. You can find out a lot more about testing and optimization at the upcoming MarketingSherpa Optimization Summit in June.

Enough already!

I could go on and on about why I love Orabrush’s video strategy (including that it came from a scrappy startup and that its marketers also engage in social marketing) — but I won’t.

The last point I will make is that Harmon’s team built this channel with a small team and a limited budget. There is truly no reason why any company could not do something similar.

Related resources

Inbound Marketing: Small business builds YouTube channel from the ground up, expands to 40 countries

MarketingSherpa: Subscribe to our Inbound Marketing newsletter

MarketingSherpa Optimization Summit 2011

Inbound Marketing: Brand-powered content hub grabs top Google rank in two months

Inbound Marketing: How to pull-in customers without pushing ads

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

Content Marketing: Should you lure a journalist over to the ‘dark side?’

Email Marketing: Maybe it really is an inbound tactic…

B2B Marketing: Calls-to-action and the business buying cycle

March 17th, 2011

The solution's complexity also affects the business buying cycle

One way to look at the Business Buying Cycle is to break it down into stages. There are lots of potential stages and we can talk about those stages later but let’s keep it simple for now and just use these five:

  1. Connect Stage: for generating demand by helping a prospect connect a business problem or goal with the possibility of a solution
  2. Validation Stage: for validating the worthiness of that expression of interest into a priority project
  3. Investigation Stage: for doing a deep dive on one or more solutions in order to figure out what to do
  4. Purchase Stage: for picking the right solution and negotiating the right deal and terms
  5. Operational Stage: for implementing or using the solution

Calls-to-action in the form of particular pieces of content should align with these stages. In other words, you need a hypothesis of the stages of the buying cycle and a hypothesis of the content that maps to each stage.  If someone responds to content in a stage, marketing can use the interest in that content to score the level of interest higher.

By using this approach, B2B companies can use a call-to-action that is appropriate within the overall content marketing effort and extrapolates interest in the offer based on the stage of the buying cycle, testing and iterating to a more efficient demand generation and lead nurturing strategy

In this blog post, I will focus on four of these stages.

Connect Stage

When generating demand early in the connect stage, companies should use credible (often third-party) information about the business problem solved by their particular solution.

For example, research might reveal that problems with sales forecasting drive purchase decisions for sales force automation (SFA) software. To take advantage of this information, an SFA vendor might contract with a company with an industry reputation for providing credible information on sales forecasting best practices to write a white paper on sales forecasting, perhaps based upon field research.

On the other hand, if research revealed that chief financial officers (CFOs) were the individuals feeling the pain of faulty forecasts, perhaps a paper by a brand more familiar to CFOs would be more effective. In other words, B2B companies should keep in mind the target community when developing the call-to-action offer strategy.

Validation Stage

In the Validation stage, the offers need to perform a slightly different job. In this case, the responder has expressed an interest in the problem.  Now the offers need to validate the worthiness of the solution so that it becomes a priority:

  • A case study
  • An exercise to assess the potential return on investment
  • A webinar that features a current customer with a well-known brand
  • A report by an industry analyst (e.g., the Gartner Group in the computer industry)

Response to each of these offers indicates a higher probability of purchase than the initial response to an offer about the business problem.  In other words, it’s predictive of purchase intent. Again, interest in these content offers would result in a higher lead score.

Investigation  Stage

In the Investigation stage of the buying cycle, customers are generally ready to speak to sales.  Offers in this stage can identify those customers and prospects.  For example, a prospect may want to develop a request for proposal (RFP) to send out to a short list of vendors under consideration. As such, an RFP template (biased to the solution of the vendor) might be very useful to the prospect and even highly predictive of an increased likelihood of purchase.

Likewise these calls-to-action will also indicate the customer is prepared to speak with a sales representative:

  • Implementation guides
  • Technical white papers
  • Competitive guides
  • Evaluation software
  • Total cost of ownership exercises
  • Other similar content

All of these relate to the concerns of customers and prospects entering into a deeper investigation of a particular solution.

Purchase Stage

Once the buying cycle has reached the purchase stage, the sales channels should primarily deliver call-to-action offers. Purchase stage offers include discounts on a product or a service, and sales representatives can use these types of offers to win deals and to expedite the purchase process. These offers should be left to the judgment of salespeople and their managers in order to avoid unnecessary discounts.

Across the entire Business Buying Cycle, vendors can also include generic offers such as sweepstakes or free merchandise to generate demand, and move prospects toward a decision. One thing to keep in mind, is unlike the more targeted calls-to-action, these offers are not as predictive of future purchase behavior.

Related Resources

Free Web clinic, March 30th — Converting Leads to Sales: How one B2B company generated $4.9 million in additional sales pipeline growth in only 8 months

B2B Marketing: The FUEL methodology outlined

MECLABS

How and When to Use Content in the B2B Sales Process (Members library)

B2B Marketing: Relevant content must move beyond “glitz” and tell a properly sequenced story

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

Inbound Marketing: Brand-powered content hub grabs top Google rank in two months

March 15th, 2011

When I was on the phone with Stacey Epstein, VP of Marketing, ServiceMax, I remembered some advice I heard when researching our first article for MarketingSherpa’s Inbound Marketing newsletter.

I spoke with a lot of great experts for that piece. On content marketing, I spoke with Joe Pulizzi, Founder of the Content Marketing Institute. He mentioned that marketers should avoid publishing too many types of content and focus on about three that fit their strategies.

“But you have to do one really well,” he said. “You have to do an awesome blog or the best e-book program that’s ever been run; focus on what you can do really well, better than anyone else in your industry.”

That is exactly what Epstein and her team are striving for with SmartVan. ServiceMax launched the site in January as a content portal for the field-service industry (which is served by ServiceMax), to help companies that send technicians out of the office for service, installation, and repairs.SmartVan Site Screenshot 1

“We noticed there was a complete lack of resources for these people,” Epstein says. “The site is meant to be a place for field-service professionals to educate themselves.”

Site traffic has grown faster than anticipated. After a just a few months, SmartVan holds the top Google rank for the phrase “field service news” and about 15% of its traffic comes from natural search.

“It’s great for us to be ranked so high so quickly,” Epstein says. “I think it’s a testament to how little content there is out there. It helps validate that we’re helping to serve this huge need.”

Weave the brand into the content

Epstein has big plans for SmartVan and hopes to continually grow its traffic for several years. One key principle is to avoid selling ServiceMax too directly, she says. Otherwise visitors could write-off the site as a marketing channel rather than a trusted resource for industry news.

“We’re really trying to create a resource for field-service people that doesn’t exist today… We feel that we’ll have a lot more success in getting people interested in the site and wanting to be on the site if we don’t try to sell them.”

The team does plan to incorporate ServiceMax into the site, but will do so carefully, and mostly around content. For example, a ServiceMax webinar on how the iPhone is changing the industry will be mentioned on SmartVan.

Also, a company blog written by ServiceMax executives will soon be hosted on the portal. Epstein also plans to offer an email newsletter to help build a database.

“We’ll never have a homepage that says ‘SmartVan is brought to you by ServiceMax. Go see us now and buy from us,’ etcetera. That’s not our intent.”

Content creation: easier than thought

A website that’s designed as the go-to resource for a specific topic cannot afford to have stale content. When planning SmartVan’s strategy, Epstein wondered how her team would keep up with the demands of a daily publishing schedule.

But that challenge has been easier than anticipated. The team has partnered with LaunchSquad to help manage the site and has pooled content from a variety of sources.

“We found some great contributing writers who were super interested to join us. We certainly contribute content from ServiceMax. We have a couple of guys from LaunchSquad contributing, and we aggregate content from other sources,” Epstein says.

“Between all those different people, I’m actually blown away by the amount of content. We’re serving up multiple pieces of fresh content every day.”

Changes and hurdles on the horizon

Epstein has promoted SmartVan with a press release, an email to ServiceMax’s house list, and mentions in Facebook and Twitter. She’s hoping the site will continue to grow through word-of-mouth and natural search.

A key challenge to growth, she says, will be connecting the field-service audience and encouraging visitors to interact. SmartVan will soon offer social features in hopes of fostering engagement, but this will be a pioneering effort for the industry.

“Right now, this is not necessarily a super tight-knit community,” Epstein says. “Part of that is because there isn’t a lot that brings them together. There aren’t a lot of trade shows, and there aren’t a lot of online forums.”

But that challenge is also a huge opportunity. SmartVan could become a powerful marketing channel for ServiceMax if it continues to grow at its current pace.

“If we can succeed in building this community and creating a place where all these people can go, interact and get educated, it will by far outpace any other traditional marketing strategy that we ever could have done and at a much, much lower cost and with fewer resources.”

Related resources

MarkteingSherpa’s free newsletters

Inbound Marketing: How to pull-in customers without pushing ads

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

Content Marketing: Should you lure a journalist over to the ‘dark side?’

Email Marketing: Maybe it really is an inbound tactic…

Members Library – Content Marketing: Microsoft crowdsources content ideas with a viral contest for new Windows Phone 7 platform

Content Marketing: Should you lure a journalist over to the “dark side?”

February 24th, 2011

As a longtime writer of both journalism and corporate communications, the idea of brand journalism is very interesting to me. I’ve worn both hats — media and marketing — and sometimes both at the same time. The two are very different, and require somewhat different skill sets and definitely different approaches. (Side note: I also sometimes do fiction, so in a way I’ve hit the content trifecta.)

Defining “brand journalism”

The idea is for companies to hire actual J-school trained journalists and give them free-reign to cover stories that involve topics of interest to the company’s customers and the general space of the business, but not exert any control over the story creation process, and certainly to not require — or even ask — the brand journalist to cover the company’s “story.” The brand journalist is to act as, well, a journalist.

Of course many veterans of copy desks, editorial rooms, city beats and magazine mastheads think of marketing as the “dark side,” and see going to work for a company as joining forces with Darth Vader, the Emperor, and the rest of the gang at the Death Star.

On the other hand, many journalists are in search of work in this tough media economy so there’s a lot of talented people out there to wheezily reach out to with an offer of doing real journalism, just doing it in a different setting.

Last week I had the chance to speak with one company that has taken the plunge into making brand journalism part of its marketing efforts.

Brand journalism in the real world

Nils Johnson is a co-founder of Beautylish, an online destination for trends and products in the beauty market. Nils just hired Ning Chao, former senior beauty editor at Marie Claire and InStyle, as the resident brand journalist for Beautylish.

From a marketing standpoint why did you decide to hire a brand journalist?

Nils Johnson: As a trusted expert in beauty, Ning [Chao] brings tremendous industry credibility to Beautylish which helps establish trust with brands and members. She also brings a strong editorial point of view to Beautylish. Having her provide expert insight to our users is integral in engaging our users in a long-term, meaningful way.

Will you exert any editorial control — either in assigning topics, editing or even killing pieces — over your brand journalist? If not, how does this content fit into your overall marketing strategy?

NJ: No, we will not assign any topics to her or edit any of her pieces. We may talk about topics to cover, but ultimately she makes the call on what she is going to cover. Ning [Chao] was the senior beauty editor for Marie Claire and InStyle, and writing for other top magazines for over a decade. We absolutely trust her judgment on what to write about.

In terms of how it fits into our marketing strategy, our site is focused on helping women discover new beauty trends and techniques. As an expert in the beauty industry, Ning [Chao] is responsible for helping to keep our readers up-to-date on what’s hot in beauty. Additionally we believe readers are more likely to follow and share high-quality editorial driven stories as compared to low-value SEO content that many sites are focused on producing.

It sounds like this is a relatively new effort so you probably don’t have any results to talk about right now. What sort of results are you looking for with this marketing effort? Do you have metrics you are going to watch, and if not how do you plan on tracking this initiative in brand journalism?

NJ: Our main metric is engagement. We want women to share and return to the content Ning [Chao] is directing. We’ll be monitoring engagement across social media channels such as Twitter and Facebook, direct user interaction, and traffic numbers. Although Ning [Chao] only recently joined us we’ve already seen an increase in content sharing, brands engaging with our content via Twitter, and positive feedback from women that visit our site.

Related resources

Example of Ning Chao’s work at Beautylish, Hair Care Time-Saver: Cleansing Conditioner

Brand Journalism

User-Generated Video Contest: 6 Steps to Promote Brand and Generate New Marketing Content (Members’ library)

Brand Journalism: A Field Day for Web Marketers

Brand Journalism?

photo by: RogueSun Media

Content Marketing: Web-based tools to help your prospects (and your marketing)

February 22nd, 2011

Content marketing goes well beyond publishing text-based material. Your company can provide videos, slide decks, Twitter feeds and even Web-based tools — like ClickMail’s ESPinator.

ClickMail pairs companies with email service providers (ESPs) and helps them establish effective programs. For years, its marketers have published a blog and an annual PDF guide about selecting ESPs.

“We’ve always felt that we had a clear view of the strengths and weaknesses of the various ESPs,” says Marco Marini, CEO, ClickMail. “From that, we evolved into an annual guide on selecting the best one. It’s completely vendor-neutral. It doesn’t talk about any vendors at all, just what the factors are.”

The ESPinator is the next step in that strategy, Marini says. Launched last month, the tool asks users a series of questions and suggests up to three ESPs that are well-suited to their needs.ESPinator screen shot

“Every vendor at a trade show says their solution is the best. There truly isn’t a best solution. It all depends on what your specific needs are,” Marini says.

“There are more than 30 ESPs in the tool, and we don’t have a relationship with the vast majority of them. So this is truly more for the email marketing audience.”

Upfront investment vs. long-term upkeep

Content marketing requires investment. Someone has to create the content and it has to be really, really good. You can either invest your time or pay someone else. Either way, there is no free lunch.

This is also true of ClickMail’s ESPinator, which took over two years to create and is still in beta. One of the biggest challenges was building its scoring system. Each ESP had to be scored in various categories so it could be matched against a user’s needs.

One such category is each ESP’s depth of integration with salesforce.com, a popular CRM solutions provider.

“All [salesforce.com] integrations are not created equal among ESPs,” says Cameron Kane, CTO, ClickMail, who headed the project. “Some may synch simply contact data, some synch lead and contact data, some work with custom objects, some will not work with custom objects” and so on.

– Keeping content alive

Some types of content — such as books — require a onetime investment. Once a book is published, it’s published. Blogs, on the other hand, require on-going investment or they will wither and die. ClickMail’s tool is somewhere in the middle and will require updates.

“When an ESP on that list comes up with a new version or enhancements, we need to go back and modify the scores on those areas that they have potentially improved,” Marini says.

Marketing plans to attract attention

The ESPinator is so new that ClickMail has just begun its promotion. The team launched it at the MarketingSherpa Email Marketing Summit last month — the industry’s largest event — and plans to do more soon.

Ideas they are kicking around include:

  • Offering co-branding partnerships to companies
  • Offering the tool to prospects as part of the lead-nurturing process
  • Pitching the tool to industry press and blogs (like this one) to score inbound links

Ultimately, the team hopes that the ESPinator provides a useful service and helps attract attention to ClickMail and its services. Furthermore, the tool’s calculated suggestions will help position ClickMail as a company that is well-suited to help marketers choose email providers.

“When you say content marketing, I immediately think of thought leadership,” Marini says. “Our company philosophy is to show that value upfront without asking for anything.”

Related resources

MarketingSherpa Email Marketing Summit 2011: 7 takeaways to improve results

MarketingSherpa German Email Marketing Summit 2011

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

The Data Vs Creativity Debate: Is successful marketing driven by analytics or art?

January 20th, 2011

The answer from one marketing automation vendor might surprise you.

During an interview with Kristin Zhivago, President Zhivago Management Partners, for a Sherpa B2B article, Guided by Buyers: Four tactics to create a customer-centric sales and marketing strategy (members’ library), she mentioned that marketing has undergone a sea-change in focus from 80% creative and 20% logistics in the past, to today where those numbers are exactly flipped. I recently had the chance to speak with Phil Fernandez, President and CEO Marketo, and a 26-year Silicon Valley vet with a present and past riddled with marketing software companies. I guessed this “80/20 rule” was a topic right up his alley.

We covered a wide range of marketing subjects, and in passing I mentioned the 80/20 rule presented by Zhivago and Phil immediately offered his opinion on the topic. We didn’t want to sidetrack our talk at the time so I told Phil we’d get back together and revisit his thoughts. This quick interview is the result.

A surprise that opens a debate

Phil’s answer was more than a little shocking coming from a marketing automation guy, and not an agency, since he sells data and logistics … or so I thought. Read on to find out what the CEO of Marketo thinks about the art of marketing versus the science of marketing.

His response opens a debate on the state of marketing today — is it more data- or creative-driven? We’d love to hear your thoughts on this topic in the comments section.

During our conversation a few weeks ago, I mentioned that Kristin Zhivago told me marketing once was 80% creative and 20% logistics and data-driven, and now that number has flipped to where logistics and data make up 80% of a marketer’s world and creative is only 20%. You strongly disagreed. Tell me why.

Phil Fernandez: At Marketo, we obviously evangelize marketing automation and analytics as critical components to drive significantly better marketing performance and ultimately greater revenue growth. I regularly advise corporate management to embrace a more metrics- and data-driven sales and marketing culture – what I like to call “hard marketing.”

So it may come as a surprise, especially from the CEO of a leading technology company that builds products for marketers, that I fundamentally disagree with the premise that marketing has flipped to a world where creative is only 20% of the craft of marketing.

There is no question that the sophisticated marketing automation and analytical solutions available today, such as Marketo’s, are imperative for successful marketing. However, it is incorrect to suggest that the adoption of technology solutions has made creative less important. In fact, I’d argue that the creative side of marketing is more important than ever! Why? Two reasons, one tactical and one strategic.

Tell me more about why the creative side of marketing is more important than ever.

PF: First, we need to look at how marketing automation (“MA”) tools are changing the job of the marketer. In particular, MA solutions help the marketer to implement a key new business process called Lead Nurturing. In Lead Nurturing, it is the job of the marketing professional to engage across channels and develop a relationship over time with each and every prospective buyer for their product or service. They work to educate the buyer, to assist them in their independent research, and to stay top-of-mind for that magical moment when the buyer is ready to make a decision.

And what is the single most important factor in implementing an effective Lead Nurturing program? It’s content. If a marketer is going to stay in touch with prospective buyers over time, helping to educate them and build trust and awareness, the marketer must deliver a stream of compelling, persuasive and brand-reinforcing content. Effective Lead Nurturing initiatives need a continuous stream of new content to stay fresh and relevant, and the most common reason why MA initiatives fail is a company’s inability to create enough content to build a trusted relationship with prospective buyers.

What defines an effective marketing automation system?

PF: The goal of effective MA solutions needs to be to make it fast and easy to do the logistics and data-driven parts of the job and then fade into the background, so that the marketer has the time to focus on the critical process of creative development.

More strategically, the relationship between buyers and sellers has fundamentally changed with the emergence of the Internet, Google, and more recently, the whole world of social media. The buyer has taken control of the process and only “listens” when and where he/she wants. And we all know that the Internet and social media world is a pretty noisy and chaotic place. This shift has greatly elevated the need to break through with creative, compelling content and big ideas – it’s the only way to get buyers to listen.

As a result, the art of marketing (communicating your brand, creating awareness about your unique value proposition and creating marketplace excitement through big ideas) is even more important today than it was a decade ago. If your message and/or content are not resonating with potential buyers, they will purchase from competitors who have done a better job of connecting with them in a relevant, timely and compelling way. That’s why our own marketing team at Marketo spends a lot of time focusing on our brand strategy and developing “magnetic” content via our blogs, webinars, “Definitive Marketing Guidebooks,” videos, events, and yes – advertising.

So both automation tools and the creative side of marketing are important …

PF: Keep in mind, automation and advanced analytics provide marketers speed, precision, and powerful insights into revenue performance. They can even go as far as predicting the amount of revenue a marketing campaign will generate. However, it’s the creative that inspires someone even to consider what you are selling in the first place, and eventually (if you did your job effectively) to buy. Automation and advanced analytics such as we offer at Marketo, give a marketer more productive time to spend on developing compelling creative that will generate the greatest impact. By balancing the “science” of marketing with the essential “art” of the craft, successful marketers are able to accelerate predictable, expanding revenue across the revenue cycle.

Then, what do you think is driving the argument?

PF: As much as anything, it’s probably a factor of today’s technology-driven business environment, where there is an expectation that the right technology can solve pretty much anything. More broadly, since the Industrial Revolution, we have been conditioned to the idea that science and technology replaces the arts and crafts culture that came before it. And in lots of areas, like precision manufacturing, this has been true.

But the world of creating revenue is different. The art of marketing and the art of sales remain very much alive. The good news is that there is a tremendous amount of synergy to be had when companies get this right and the art and creative elements of marketing and sales are combined with hard science and technology that Marketo and others have created. It can seem like the Holy Grail to companies looking to generate more revenue more predictably.

Related Resources

Find Phil’s blog at Revenue Performance

B2B Marketing: What to look for in 2011

Lead generation: Real-time, data-driven B2B marketing and sales

Inbound Marketing: Invest in content to generate leads

Lead Nurturing and Management Q&A: How to Handle 5 Key Challenges (Members’ library)

photo by Jennifer R.

Inbound Marketing: Invest in content to generate leads

December 21st, 2010

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

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

December 17th, 2010

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.

How to get your subject matter experts on your corporate blog

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