World-class Marketing Made Easy
Transcript of World-class Marketing Made Easy
World-Class Marketing Made Easy
JonMiller,VPMarke/ng KevinAkeroyd,COO
September30,2009
Copyright © 2004-2009 Jigsaw 2
Agenda
2
• The Basics – Data Quality & Integration
• M.A. Success Drives Data Acquisition Strategy
• Marketo Industry Trends, Best Practices
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!
3
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
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
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
Copyright © 2004-2009 Jigsaw© 2009 Marketo, Inc. Marketo Confidential Until June 9, 2009
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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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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
10
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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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
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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)
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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
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Marketo,Inc.1710S.AmphlepBlvd.Suite340SanMateo,CA94402
Direct:+1.650.655.4837Fax:+1.650.655.4837
JONMILLERVPMarke)ng
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
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