How Windstream renewed Marketing & Sales’ vows using just …€¦ · How Windstream renewed...
Transcript of How Windstream renewed Marketing & Sales’ vows using just …€¦ · How Windstream renewed...
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How Windstream renewed Marketing & Sales’ vows using
just three letters: ABM
Carrie Mahon
Vice President,
Strategic Marketing,
Windstream Enterprise
@WindstreamBiz
Meredith Fuller
Managing Director,
Buyer Engagement
Quarry
@Quarry
B2B agency dedicated
to fueling growth for
technology brands
@QUARRY
F500 provider of advanced network
communications and technology
solutions in the U.S.
@WINDSTREAMBIZ
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First, why did Windstream venture into ABM to start with?
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A relationship flashback…
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So how did we get there?
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Sales
Lead
s
Marketing
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Clearly things had to change...
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...and the perfect opportunity arose
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$3B 17 new markets @WINDSTREAMBIZ | @QUARRY
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“Don’t count the people that you reach; reach the people that count.”
— David Ogilvy
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The 7 key stages in our journey together
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Get buy-in
with Sales
Set strategy & objectives
Develop & prioritize
list
Craft a story that connects
Design the “play”
Brief & enable Sales
Go-live, measure,
learn
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Step 1: Get buy-in with Sales for ABM
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Step 2: Set strategy & program objectives
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Strategy
Deploy an attention-getting, personalized
direct marketing program to engage high-quality,
in-market prospects, that is supported by a multi-faceted,
yet narrowly targeted, nurture campaign
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Objectives
1. Achieve a rate of >20% of prospects booking
an initial sales meeting with Windstream.
2. Achieve at, or above, industry standards for KPIs.
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Step 3. Develop prioritized account and contact list
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We started in Chicago...
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List building approach
Traditional EXPLICIT CRITERIA, LIKE:
Employee size
Vertical
Annual company revenue
Number of locations
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List building approach
Traditional
+ IMPLICIT TRAITS, LIKE:
Behavioral
Intention data
Predictive
And more…
Today EXPLICIT CRITERIA, LIKE:
Employee size
Vertical
Annual company revenue
Number of locations
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First we found target accounts
using traditional criteria
Firmographic Criteria
Number of employees
Headquarter location
Annual company revenue
# of locations
Vertical
Contact Criteria
Role/title
Contact’s location
Exclude Filter Criteria
Remove if current client
1000+ ACCOUNTS
8,000+ CONTACTS
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Then we narrowed and
prioritized using predictive
PREDICTIVE
1000+ ACCOUNTS
8,000+ CONTACTS
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Here’s how we use Mintigo to profile ideal customers and identify key predictive indicators...
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Mintigo predictive
assessment in action
POSITIVE LIST (Customers)
NEGATIVE LIST (Prospects)
Ideal Windstream Enterprise
Customers
Companies meeting
firmographic criteria
for ABM program
MINTIGO CUSTOMERDNA™
PRIORITIZED ACCOUNT LIST
MINTIGO PREDICTIVE MODELLING;
MACHINE LEARNING
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PREDICTIVE
Then we layered
on more filtering…
INTENTION
BASED
BEHAVIOR
BASED
TRIGGER
BASED
1000+ ACCOUNTS
8,000+ CONTACTS
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PREDICTIVE
…to arrive at a highly targeted,
prioritized list for Sales
1000+ ACCOUNTS
8,000+ CONTACTS
INTENTION
BASED
85 BEHAVIOR
BASED
TRIGGER
BASED
ACCOUNTS
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PREDICTIVE
…to arrive at a highly targeted,
prioritized list for Sales
1000+ ACCOUNTS
8,000+ CONTACTS
INTENTION
BASED
85 BEHAVIOR
BASED
TRIGGER
BASED
ACCOUNTS
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8.5%
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Step 4. Craft a story/message that connects
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KEY BUYER INSIGHT
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Which led us to a big idea...
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“What are gaps in IT really costing you?”
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Step 5. Design an integrated experience “play”
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1 Sales rep hand
delivers bamboo plant with card
Key experiences for prospects
Direct @WINDSTREAMBIZ | @QUARRY
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1 Sales rep hand
delivers bamboo plant with card
Key experiences for prospects
Direct
1 WEEK 2 Personalized video
arrives in mail w/ CTA pointing to PURL
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1 Sales rep hand
delivers bamboo plant with card
Key experiences for prospects
Direct
1 WEEK 2 Personalized video
arrives in mail w/ CTA pointing to PURL
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1 1 WEEK 2
Sales rep hand delivers bamboo plant with card
Personalized video arrives in mail w/ CTA
pointing to PURL
1 WEEK
If no response, email deployed w/
CTA pointing to PURL
Key experiences for prospects
3
Direct @WINDSTREAMBIZ | @QUARRY
1 1 WEEK 2
Sales rep hand delivers bamboo plant with card
Personalized video arrives in mail w/ CTA
pointing to PURL
1 WEEK
If no response, email deployed w/
CTA pointing to PURL
Key experiences for prospects
3
Direct
CTA DRIVES TO
Personalized and localized landing page – with thank you page (after form fill) custom to assigned rep
4
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1 1 WEEK 2
Sales rep hand delivers bamboo plant with card
Personalized video arrives in mail w/ CTA
pointing to PURL
1 WEEK
If no response, email deployed w/
CTA pointing to PURL
Key experiences for prospects
3
Direct
CTA DRIVES TO
Personalized and localized landing page – with thank you page (after form fill) custom to assigned rep
4 If no appointment, Amazon Echo remote mailed as an incentive to take meeting.
Rep follows up with call and brings Echo to appointment
5 1—2 WEEKS
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1 1 WEEK 2
Sales rep hand delivers bamboo plant with card
Personalized video arrives in mail w/ CTA
pointing to PURL
1 WEEK
If no response, email deployed w/
CTA pointing to PURL
Key experiences for prospects
3
Direct
CTA DRIVES TO
Personalized and localized landing page – with thank you page (after form fill) custom to assigned rep
4 5 If no appointment, Tile mailed as a last
try incentive to take meeting
IF REP DECIDES…
6 1—2 WEEKS
If no appointment, Amazon Echo remote mailed as an incentive to take meeting.
Rep follows up with call and brings Echo to appointment
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1 1 WEEK 2
Sales rep hand delivers bamboo plant with card
Personalized video arrives in mail w/ CTA
pointing to PURL
1 WEEK
If no response, email deployed w/
CTA pointing to PURL
CTA DRIVES TO
Personalized and localized landing page – with thank you page (after form fill) custom to assigned rep
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Key experiences for prospects
3 4 5
LOCATION-BASED
(OFFICE ELEVATOR) VIDEO
ACCOUNT-TARGETED
BANNER ADS
BUYING GROUP
INFLUENCER EMAILS
Aircover
Direct
PAID
SOCIAL
If no appointment, Tile mailed as a last
try incentive to take meeting
IF REP DECIDES… 1—2 WEEKS
If no appointment, Amazon Echo remote mailed as an incentive to take meeting.
Rep follows up with call and brings Echo to appointment
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The stack
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The stack
PREDICTIVE ACCOUNT INTENT
ENGAGEMENT
DATA
INFRASTRUCTURE
SOCIAL GEO-TARGETED DIGITAL VIDEO CONTENT EXPERIENCES
ON OUR RADAR
MARKETING AUTOMATION
LOCATION-BASED VIDEO
MARKETING PERFORMANCE VISUALIZATION
The stack behind Windstream’s ABM efforts:
CRM
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Step 6. Brief Sales on the play, empower with tools to support
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Step 7: Go live, measure, learn
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What we saw > What we learned > What we did next
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The pilot first ran in Chicago in 2016.
We’ve since scaled into Philadelphia, Atlanta, Minneapolis,
Dallas, Detroit, Cleveland, St Louis, Little Rock and
Knoxville markets. More new markets planned for 2017.
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That’s all great! But what was the impact?
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PERCENTAGE OF SALES MEETINGS ACTUALLY BOOKED
Met (and now exceeding) meeting booking rate objective
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PERCENTAGE OF MARKETING PIPELINE
ATTRIBUTED TO NEW ABM EFFORTS
The impact ABM is having on pipeline
Joseph Harding EVP AND CHIEF MARKETING OFFICER
WINDSTREAM ENTERPRISE
“More effective account-based marketing
strategies…
have allowed us to reduce our marketing budget
while
at the same time significantly increasing lead
quality, lead volume and sales conversion
rates. Our sales team
is hugely appreciative of the support we’re providing
and our relationship has never been stronger.”
In the CMO’s words
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Some parting advice
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@MATTSENATORE, SIRIUSDECISIONS
And remember…
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Ask us anything at the Post-Presentation Huddle!
Meredith Fuller
Managing Director,
Buyer Engagement
at Quarry
Carrie Mahon
Vice President
Strategic Marketing
at Windstream