World-class Marketing Made Easy

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World-Class Marketing Made Easy Jon Miller, VP Marke/ng Kevin Akeroyd, COO September 30, 2009

Transcript of World-class Marketing Made Easy

Page 1: World-class Marketing Made Easy

World-Class Marketing Made Easy

JonMiller,VPMarke/ng KevinAkeroyd,COO

September30,2009

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Copyright © 2004-2009 Jigsaw 2

Agenda

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• The Basics – Data Quality & Integration

• M.A. Success Drives Data Acquisition Strategy

• Marketo Industry Trends, Best Practices

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Copyright © 2004-2009 Jigsaw

Data Decay Kills M.A. efficacy

• Lowers open, CTR, response rates

• Hurts deliverability, IP reputation

• Wasted $$, lower ROI, missed opportunity

• B2B data decays 25% - 31% per YEAR!

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Copyright © 2004-2009 Jigsaw

Problem - Contact Data Accuracy

How accurate are existing sources?• B2B trade association membership list: 40% inaccurate

• Large B2B data compiler: 50% inaccurate

• Industrial directory: 90% inaccurate

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What’s inaccurate?• 3.8% name• 45.8% title and/or job function• 34.2% company name• 41.9% address• 42.9% phone number• 37.3% email addressWhat’s causing the changes?• 29.6% of individuals changed companies (new job) • 4.6% of the companies changed their name (merger, etc.) • 12.3% of companies moved locations • 41.2% of the individuals did not change companies, but something

else changedSource: Sales and Marketing Institute

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Copyright © 2004-2009 Jigsaw

Annualized B2B Change Rate

0%

10%

20%

30%

40%

2007 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09

Total Change RateEmail Decay Rate

Source: Jigsaw

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Copyright © 2004-2009 Jigsaw

Problem – Business Data Accuracy

• Jigsaw hasn’t been at this location since 2005

• DUNS # for this address is still old company “Urbanite Information Systems”

• 15%-20% error rate in accounts because they don’t exist – or exist wrong – in D&B.

• And it’s not just physical address: - phone #, locations, employee count, revenue buckets all wrong as well – they are ALL based on 2005 info when the DUNS # matched that physical address

D&B Jigsaw

Address & Phone

Incorrect Correct

Employee Size

0-25 100-250

Revenue $1 - $5 Mil $10 - $50 Mil

Financial Contacts?

No Yes

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Copyright © 2004-2009 Jigsaw© 2009 Marketo, Inc. Marketo Confidential Until June 9, 2009

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Copyright © 2004-2009 Jigsaw

Response Time drives Sales

Day1 Day2 Day3 Day4 Day5 Day6 Day7 Day8 Day9 Day10 Day11 Day12 Day13 Day14

LeadResponseRateEmailResponseRate

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Sales Lead Follow-up, and Email Lead Follow-up performance

Source: Acxiom Digital

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Copyright © 2004-2009 Jigsaw

Integration = Fast Data Importing

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In App Integration = Real Time

“Push” Integration = 1-3 Days

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Rapid Response = Rapid Revenue

Day1 Day2 Day3 Day4 Day5 Day6 Day7 Day8 Day9 Day10 Day11 Day12 Day13 Day14

LeadResponseRateEmailResponseRate

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Sales Lead Follow-up, and Email Lead Follow-up performance

Source: Acxiom Digital

With Integration

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Measure Success

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Clear Winners

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Measure Success and Emulate It

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Segment Two

-IT Decision Makers-All Industries-USA only-100 – 1,000 employees

Segment Four

-Finance Decision Makers-Fi Serv, Health, Tech-USA and Canada-500 + employees

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Measure Success and Emulate It

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Segment Two

-IT Decision Makers-All Industries-USA only-100 – 1,000 employees

Segment Four

-Finance Decision Makers-Fi Serv, Health, Tech-USA and Canada-1,000 + employees

Jigsaw has 93,750Net New I Don’t

Jigsaw has 206,312Net New I Don’t

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Prospect Intelligently

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Marketo Lead Feed:

I.T. Executive at Bank of America –

in ONE DIVISION

Cynthia Deavois, Bank of America

VP, Technology Solutions

VP, Technology Solutions

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Prospect Intelligently

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Find the 263 other IT Executives at 17 more divisions inside Bank of America!

Highly likely they have similar needs, similar interests.

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Copyright © 2004-2009 Jigsaw

Jigsaw + CRM or Mktg. Automation

Improvement 0% 1% - 10% 11% - 25% 26% - 50% 51% - 100%

Jigsaw 31% 23% 28% 10% 8%

Jigsaw + Marketing Automation

6% 28% 40% 13% 13%

Jigsaw + CRM

19% 27% 30% 14% 10%

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Buying Has Changed Forever

©2009Marketo,Inc. MarketoProprietaryandConfiden/al

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Marketing

Marketing and Sales Must Change TooSales

Be Everywhere Nurture Prioritize Collaborate

©2009Marketo,Inc.

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What Marketers Know About Leads Before Handing Off to Sales

8in10marketershand‐offleadinfoas/whenobtained

Moreinfoaddedincrementallyasacquired

Nurturingdonesimultaneouslywithsellingprocess

©2009Marketo,Inc.

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Lead Nurturing: Buying Stages

©2009Marketo,Inc. AllRightsReserved

Example:SiriusDecisionsBuyingCycle EarlyStageThoughtleadershipandbestprac/cestobuildbrandandawareness

MiddleStageBuyersguides,RFPtemplatesandindustryinforma/ontohelpstructureresearch

LateStageCompany‐specificinforma/ontohelpevaluateandreaffirmselec/on

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Lead Nurturing: Buyer Profiles

© 2009 Marketo, Inc.

%SayingContentCustomizedByCategoryisMoreValuableByIndustry:82%ByRole:67%

Doersvs.Buyers JobFunc/on

ByCompanySize:49%ByGeography:29%ByProduct

Source: MarketingSherpa

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Content Mapping

© 2009 Marketo, Inc. All Rights Reserved

Profiles

BuyingStages

Content

1.Mapyourexis/ngcontent

2.Blankcellsdetermineyourcontentroadmap

3.Shortcontentisgood!

4.Testandop/mize

5.Startsmall,thinkbigandadaptquickly

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Right Message, Right Time

Untargetedbroadcastemails Openrate20% Click‐throughrate9.5% Conversionrate1.1%Triggeredfromuserac/ons Openrate27% Click‐throughrate9.3% Conversionrate2.3%TargetedwithWebclickdata Openrate33% Click‐throughrate14% Conversionrate3.9%

©2008Marketo,Inc.Allrightsreserved.

Source: David Daniels, Jupiter Research, Dec 2006

Marketo Screenshot

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Lead Scoring

©2009Marketo,Inc. MarketoProprietaryandConfiden/al

ExplicitInforma/onImplicitLeadSourceInferredInforma/onBehaviorsScoreDecayMul/pleScores

Marketo Screenshot

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The Value of Lead Nurturing

PassedtoSales(<1mo)

PassedtoSales(>1mo)

TotalPassedtoSales

CostperSalesLead

WithoutNurturing 25% 8% 33% $195

WithNurturing 25% 25% 50% $130

©2009Marketo,Inc. Allrightsreserved.

Source:ActualMarketodata;assumes$65perprospect

MarketoROIResultsProspecttoSales‐ReadyLeadConversion

Results:50%moresales‐readyleadsfromleadnurturing

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A Conversation, Not a Script

Older solutionsassume marketing can script the buyer’s process

Marketo is based on listening and responding to the buyer

©2009Marketo,Inc. MarketoProprietaryandConfiden/al

“Myownopinionisquitefirm:flowchartsdon'twork.Theylookgoodindemonstra/onsandcanlayoutsimpleprocessesquitenicely.Buttheygetimpossiblyconvolutedonceyoutrytodosomethingcomplex.” DavidRaab,authoroftheRaabGuidetoDemandGenera/onSystems

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Get Started Fast

Get Started*

You can be up and running in just TWO MONTHS!

1.Install and configure software (2 weeks)2.Provision account (2 weeks)3.Integrate with Google and Exchange (2 weeks)4.Training (3 weeks)

©2009Marketo,Inc. MarketoProprietaryandConfiden/al

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MarketoRevenueSuite

Master Marketing Database

Campaign Management(Email & LPs) Sales

Insight and Action

Lead Lifecycle

Automation

Lead Nurturing

and Scoring

Reporting and Analytics

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More than 250 Successful Customers

©2009Marketo,Inc. MarketoProprietaryandConfiden/al

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Marketo,Inc.1710S.AmphlepBlvd.Suite340SanMateo,CA94402

Direct:+1.650.655.4837Fax:+1.650.655.4837

JONMILLERVPMarke)ng

[email protected]

Contact US

Downloadthe“Defini/veGuidetoLeadNurturing”www.marketo.com/dg2‐lead‐nurturing

blog.marketo.comwww.marketo.com

Kevin [email protected]. 650.235.8403F. 650.235.84252 Waters Park Drive, Suite 250San Mateo, California 94403

Enterprise.jigsaw.comwww.jigsaw.com

VisittheEmailLearningCenterwww.marketo.com/learningcenter

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Fast ROI with Marketo

©2009Marketo,Inc. AllRightsReserved

• $2millioninincrementalgrossrevenue• 350%inmarke/ngROI• $400,000annualsavingsbyreducingcrea/vecycle/mes

• Leadqualityyielded5xboostinsalesefficiency• Doubledlead‐to‐opportunityconversionrate• Delivered10ximpacttoAlightPlanning’sbopomline

• 20%increaseinsalesproduc/vity• Moredealsinless/me• 50%reduc/onincoldcalling,lowercostperopportunity

• Increasedsales‐readyleadsby400%• 75%moresalesopportuni/eswithsamebudget• 100%ROIin3months

• Increasedleadflowby200%• Reducedcoldcallsbymorethan50%• Increasednewcustomersby70%thisyear

• Increasedsales‐acceptedopportuni/esby132%• Grewaveragecontractvalueby460%• Websitevisitsincreasedby463%

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Powerful and Easy Results

© 2009 Marketo, Inc. Marketo Proprietary and Confidential