Post on 06-May-2015
description
Crack the Code:Getting C-Suite Buy-In for Your
Marketing Tech Purchases
Kristin Hambelton 04/21/2011
2Neolane confidentialCopyright Neolane - 2011
Elusive ROI
Resources to Help You
KPIs to Make the Case
Finding the Money
Wrap-Up
Agenda
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About Neolane
Conversational marketing technology to build and sustain one-to-one lifetime dialogues across both
inbound and outbound channels
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The Ever-Elusive ROI
ROI continues to challenge marketers Chicken and egg quandary
Insourced or outsourced – you need to make your case
Other technologies may “cloud the business case”
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Resources to Help
Analysts Inquiry
Consulting
Research on purchase considerations
Vendor landscapes
Vendor websites Research documents
White papers
Case studies
Partners
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KPIs for Making the Case
Marketing Performance (Effectiveness)
Marketing Productivity (Efficiency)
Marketing ROI (Accountability)
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Marketing Performance (Effectiveness)
Revenue/Sales
Email-driven sales volume
Customer value
Net sales conversion rates
Reactivity rates (Hospitality)
Application requests (Financial Services)
Prospect Database Size
Marketing-sourced revenue/marketing-influenced revenue (B2B)
Number of leads passed (B2B)
Increase in qualified leads passed to sales (B2B)
Customer identification %
Click through rates; open rates; opt out rates
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Marketing Productivity (Efficiency)
More programs executed than the previous year
Time taken to create communications cut in half
Narrowed campaign analysis time
Reduced campaign turnaround time
Increased response rates without increasing marketing spend
Reduced recurring costs
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Finding the Money- Three Ideas
1. Insource vs. outsource
2. Consider different deployment/financing options
3. Remix/reallocate your marketing spend
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Wrap Up
ROI doesn’t have to be elusive
Use industry resources to help you make your case – insourced or outsourced
Find the KPIs that matter most in your business
Look for money in your current budget
Consider outsourcing
Evaluate different deployment/financing options