A Tactical Approach for Targeted Lead Nurturing
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Transcript of A Tactical Approach for Targeted Lead Nurturing
14/15/2010 Manticore Technology, Inc. – Copyright 2010. All rights reserved.
A Tactical Approach to Targeted Lead NurturingApril 15, 2010
Twitter: #MTWC
24/15/2010 Manticore Technology, Inc. – Copyright 2010. All rights reserved.
Agenda
Overview 3 Must-Have Lead Nurtures Content Creation Strategy Building a Lead Nurturing Track How to Avoid Common Roadblocks Lead Nurturing Success Story: Sun MicroSystems Q & A
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Speakers
Christopher DoranVP, Marketing
Manticore Technology
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About Manticore Technology
Founded in 2001 Driving force in Marketing Automation since 2003
Six years of development & infrastructure support our customers around the globe
Product delivers unmatched usability and robust power: Configurable UI to meet your needs Lead nurturing to develop a business process Deepest CRM integration in industry
Dedicated Customer Success Manager (CSM) to help ensure customers success in developing business process
It’s about process – not technology for technology sake People Process Technology
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Customers Around the GlobeTECHNOLOGY MEDICAL & INSURANCE
FIANANCIALBUSINESS SERVICES
MARKETING
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Lead Nurture Tracks for Each Lead Bucket
Pre-MQL Recycled Reconstituted
3 Lead Nurturing Processes Enables You to Deliver the Right Message to Right Audience at the Right Time.
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Content: Marketing Automation Fuel
KEY FINDING80% of respondents using marketing automation said “preparing their organization by building the processes and content offers to feed the system” would be their top priority if they were to implement marketing automation again in the future.
Complete Research Report Available at: www.manticoretechnology.com (resource section)
2009 Marketing Automation: Lessons From the Trenches Research Report
“Lack of Strategy & Lack of Content are the Primary Obstacles for Lead Nurturing In Many Organizations.”Watch the On-Demand Webinar: http://www.manticoretechnology.com/blog (Featured Download)
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Keynote Speaker
Mac McConnellPartner& Consultant
Leftbrain Marketing, Inc.
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About LeftBrain Marketing
• Marketing Automation PlanningStrategy, Program Design, Nurturing, Lead Scoring, Demand Gen
• Marketing Automation ProductionDesign and Management of programs (Project or Agency)
• Custom Lead Generation ProgramsHigher conversion rates, More engaged prospects, Lower costs
• Vendor SelectionEvaluation of different systems to match
• Content CreationeBooks, Newsletters, Case Studies, Podcasts, Webinars
• Creative ServicesCopy writing, landing page creation, graphic design
Maximizing Lead Generation through Marketing Automation
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The Devil is in the Details
Length of sales cycle Your message(s) Segment your database. Write for a specific buyer
Build a buyer persona to stay focused
How will you fuel your program What happens at hand-off
Relevance = Success10
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The Demand Gen Funnel
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Sales Ready MQL
PipelineSQL
Corp WebsiteEvents
Custom Website Email Offers
Consideration
Sales
3rd Party Websites / Registrations
Marketing
Marketing Automation
Education
Awareness
Social Media
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Be Active in Content Creation
Some companies are content machines But is it the right content?
Content strategy should be part of any marketing plan
Write the outline yourself Be a champion for non-corporate or
product specific content Spend money for good content
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Gated Content Analyst Paper Thought leadership Webinars Installation guides
Gated
Open
Open Content Videos Data Sheets Solution Briefs Product Specifications
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Map Content to Buying Stage
Decision on Vendor
Datasheet Success stories Free trial
Consideration of a SolutionROI Case Study TCO Options overview
Analyst overview“I feel your pain” Thought leadership
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Segment using Demographic Scoring
Criteria that will allow you to build unique nurture tracks – Start small
Commonly used: Industry Company size Job title/role Timeline to purchase
Prioritize your buckets
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Lead Nurture Fuel
House list Purchased names
Website capture
Social Media
Content syndication
Trade Shows
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Start Simple: MQL
• Forward looking• Problems• Trigger event
Thought leadership 1
• How to solve the problem
• Often 3rd party content
Thought Leadership 2 • Your solution to
the problem
Benefits
• ROI studies• Case studies
Validation
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More product messaging
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Recycled and Reconstituted
Why did this lead end up here?
Recycled
• They gave the wrong answer
• Trigger event• Tougher scoring
– consider raising the implicit score
Reconstituted
• Something changed
• Focus on benefits
• Urgency is critical – offer a promotion
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What to Watch Out For. . .
Ineffective or poor content Too many calls-to-action in email Doing too much . . . Too fast Not paying attention to the hand-off Believing that there is one nurture for all Internal politics
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The Marketing Manager
Content strategy & creation Marketing list segmentation Corp. website optimization Developing the nurture program Advertising, webinars, trade shows, content
syndication
Fill the top of the funnel
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The Field Marketer
Liaison with sales/partners Lead scoring model development and refinement Lead distribution to sales/partners Lead follow-up and reporting Define sales opportunity size
Maximize the return on leads
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Case Study: Sun Microsystems
Sun Systems for VMware vSphere 4 Goal: New Customer Acquisition Target Market: Midsize companies upgrading
VMware or virtualizing for the first time Geo: North America Target Buyer: System Administrator, System
Architect, CIO, CFO Delivery Model: 100% Channel Partners
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Stage 1 – Find Contacts
3 Sources used to build database Content Syndication
Sun.com Content Registrations High value content is placed behind a registration page
List purchase
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Stage 2 – Nurture
• IDC Paper: How Servers Affect the Virtualization Equation
Educate that server choice is important
• Sun and VMware Guide to Server Consolidation
Show that Sun and VMware have a close
partnership • White Paper: Best Practices for choosing and configuring VMware on Sun
Start thinking about what servers will
work best
• Quick Start Guide: Configuring VMware ESX on Sun Fire servers
Customer learns how easy it is to get up
and running • Drive customer to resource rich microsite
Customer is ready to listen to sales representative
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Tracked and scored all actions (incl. sun.com visits)
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Stage 3 - ResultsContacts Generated
25,216Leads to
Telemarketing 731Qualified 460
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Average Opportunity Size = $27,552(18% increase over non-nurture programs)
Sales Pipeline Generated = $12.7 million
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Summary
To Engage ALL leads in your marketing funnel, segment them into Pre-MQL, Recycled or Reconstituted.
Build Separate Lead Nurturing Tracks for Each Group.
Start with a simple flow and process Lead nurturing works best with compelling content.
Make sure it is relevant to the audience
Understand your business. Pay attention to the details
Roles and responsibilities become more important
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Thank You!
Questions & Answers will be posted on our blog: http://www.manticoretechnology.com/blog
Q & A
Presentation will be available for download on www.SlideShare.net
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Contact Information
Christopher DoranVP, Marketing – Manticore Technology
Blog: http://blog.manticoretechnology.com/Email: [email protected]
Phone: 1 (866) MANTICORE Twitter: @cdoran
Mac McConnellPartner – Left Brain Marketing, Inc.
Blog: http://blog.leftbrainmarketinginc.com/Email: [email protected]
Phone: 415 902 6611Twitter: @macmcconnell