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Inbound Marketng alone cannot drive the maximum revenue possible. It must be incorporated into the overall marketng mix if you want to see results. This paper does not educate marketers on how to create this mix.
Inbound Marketng alone cannot drive the maximum revenue possible. It must be incorporated into the overall marketng mix if you want to see results. This paper does not educate marketers on how to create this mix.
Inbound Marketng alone cannot drive the maximum revenue possible. It must be incorporated into the overall marketng mix if you want to see results. This paper does not educate marketers on how to create this mix.
How to Multply the Efects of Your Inbound Marketng Program
2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Whether youre thinking of adoptng inbound marketng or youve already begun, youre in good company: many marketers are beneftng from the power of this tactc. Afer all, it helps you connect with new prospects by giving them ways to fnd and learn about you without the high cost or intrusion of more traditonal, outbound marketng techniques. But, be warned: inbound marketng alone cannot drive the maximum revenue possible; it must be incorporated into the overall marketng mix if you want to see botom-line results. Unfortunately, many social media gurus and some inbound marketng solutons dont educate marketers on how to create this mix. This paper does. In it, we cover what should be included in your marketng mix a well-balanced combinaton of outbound and inbound marketng and how to achieve this without breaking the bank. We also explore some misconceptons about inbound marketng. And we discuss what we call the Inbound Marketng Multplier, which will help you dramatcally improve the results of your inbound marketng programs. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 1. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Inbound Marketng 101 The days of relying solely on tradeshows, cold calls, and print advertsements are over. The fact is that people tune out many traditonal forms of marketng. And who can blame them? Lets face it, we all screen telemarketng calls, commercials, and direct mail, to name a few. Prospectve buyers can aford to do so because we live in a world where they can educate themselves before engaging with sales. The Internet allows them to research their optons without the annoyance of a hard sales pitch. In the new world where buyers are in control of self-educatng, your job as a marketer is not to fnd leads; it is to help leads fnd you. Inbound marketng is a way of reaching prospects in this new buying model. In fact, as outbound marketng gets less efectve and more annoying, inbound marketng takes on a bigger role in your marketng mix. So what is inbound marketng? Our defniton of inbound marketng is: The process of helping potental customers fnd your company ofen before they are even looking to make a purchase and then turning that early awareness into brand preference and, ultmately, into leads and revenue. At its core, inbound marketng is about creatng interestng, informatve, and even entertaining content and optmizing and distributng it across online channels so it can be found by and hopefully engage prospectve buyers. Fortunately, when a buyer is actvely seeking informaton or passively looking to be entertained or educated, their ant-marketng shields go down and you can begin to engage and build a relatonship with them. When done right, this approach returns dramatcally beter results than traditonal marketng techniques that rely on interruptng prospects. Inbound Marketng: The Building Blocks Inbound marketng techniques include content such as blogs, white papers, and artcles; search engine optmizaton (SEO); social networking; and landing page optmizaton. Buyer 2012 Analyst Microblogging Blogs Search Engines Mobile Marketing Press PRESS ACCESS Peers Magazines Sales Rep $ Online Q&A Trade Shows HELLO Social Networks Business Networks Online Video Email Marketing @ Virtual Events Direct Mail Buyer 1980s Analyst Peers Magazines Sales Rep $ Trade Shows HELLO Direct Mail Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 2. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Content: the Foundaton of Inbound Marketng Because inbound marketng relies on content to engage with prospects and customers, the quality and appeal of that content must be strong. You must create content that begs to be shared, that educates and inspires. In other words, you must ofer content that is not promotonal in nature, but instead is relevant to your prospectve buyers, helping them see how they can overcome their challenges or achieve their aspiratons. This content can take the form of artcles, webinars, white papers, eBooks, slide presentatons, videos and more, and can be shared via blogs, third-party sites, and social media where your prospects fnd you. Utlize Diferent Types of Content: Artcles Blog Posts Books/eBooks Brochures Case Studies Demos Email Free Trials Images Informaton Guides Live Streamed Events Manuals Microsites/Web Pages Online Courses Podcasts/Videocasts Presentatons Press Releases Product Data Sheets Reference Guides Resource Libraries Get Creatve About Content We know it can be overwhelming to consistently generate a steady stream of content. So turn to other resources, whether invitng those outside of your organizaton such as industry analysts and bloggers to contribute content, or curatng content on a theme that appeals to your target audience. The bonus? By surrounding your own content with that from third partes, youre seen as a trusted resource and your credibility rises. RSS/XML Feeds Surveys Radio/TV/Web TV Videos Webinars/Webcasts White Papers Widgets Workbook Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 3. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Expanding Visibility and Reach with SEO and Social The concept of search engine optmizaton (SEO) will play a big part in your success with inbound marketng. SEO is about optmizing and increasing visibility of your site and content by including keywords that help you rank high in organic search results (i.e., not because of paid advertsements on search engines). The higher your content and site ranks in a search engines results list, the more likely someone will fnd and click on the link to your content. Plus, once your site ranks high, all future content will enjoy the beneft of greater visibility. And the steady fow of additonal content will help you maintain that search engine ranking. Youll be creatng a truly virtuous circle. This is where inbound marketng can really make its mark. If someone fnds your content worthy of sharing, they can pass it along via social media outlets. When you or someone else shares your content via Facebook, Twiter, LinkedIn, or the blogosphere, you exponentally and instantly expand your reach. Even though inbound marketng ofers an alternatve to traditonal forms of marketng, its not a stand-alone soluton to capturing the atenton of todays buyer. Used together, blogs, SEO, and social media can help drive trafc to your content. But you can do even more to create awareness of your company and to ensure that those who fnd you through inbound marketng end up becoming customers. Why You Need Inbound Marketng Todays buyers are in control of educatng themselves on their problems and potental solutons and they want to keep it that way. Inbound marketng helps you get found by ensuring your content shows up in the online venues where prospectve buyers spend tme. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 4. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Where Inbound Marketng Goes Wrong Acme Sofware is a one-year old sofware company looking to grow faster than larger compettors. Its frst few deals closed because of investor relatonships and early press (and a great product, of course). But it then needed to acquire more customers quickly with litle marketng budget. It turned to inbound marketng. The company created a blog, Twiter account, Facebook page, and LinkedIn group and started using inbound marketng sofware. It also wrote two white papers and used these as promotons in all its social channels. At frst, it seemed like progress was being made. Website trafc rose, and a few people flled out forms on the site. Afer a few months, the blog had almost 70 subscribers and the Twiter account had atracted nearly 200 followers (though many are compettors or industry analysts). Acme contnued to follow best practces for inbound marketng, so it regularly added to its collecton of content, and made sure the content was educatonal. By the end of the year, growth from inbound had slowed and Acme had only closed a couple of deals from this channel. What went wrong? It can be common for organizatons that implement an inbound marketng strategy to see an early lif. However, while early results are strong, the leads can dwindle to a trickle. Even if youre seeing a consistent, steady stream of leads flling the funnel from inbound sources, you may be struggling to convert those leads into sales. Why? Because theres a misconcepton that inbound marketng is enough, that its the silver bullet to success. Here are some reasons why inbound marketng is not a stand-alone marketng strategy: Your aim is too wide. Inbound works by carpet bombing the Internet with content in the hopes people will fnd you. When confronted with too many low-level leads, many marketers scramble to run more of these same carpet-bombing campaigns, and then wonder why they dont produce beter results. To connect with prospectve buyers and move them along the path to purchase you need to switch from air-war tactcs and focus on highly targeted ground-war programs that break through the cluter. This means delivering high-quality content to the right people in an engaging way and doing so across multple channels including direct mail, email, and phone. Some prospects may fnd you, but many dont know you exist. There are two things happening here. First, some people dont realize they should or could seek you out. Think about it: If you dont know about something, you cant search for it. An example of this is a company using an in-house CRM system instead of an online one. The company may be spending millions upgrading sofware and dealing with on-site technicians, but the ultmate decision maker may not know about online solutons. As a result, this person doesnt search for an alternatve. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 5. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Second, you may not be sharing the right type of content or sharing it in the right place for your prospect to fnd it. For example, you might create white papers and host webinars about your product, but if prospects are searching on terms related to their problems and you only talk about your soluton, potental buyers probably wont fnd your content. Or perhaps youre only postng content to your site and prospects early in the research phases mainly turn to YouTube for informaton. You may never cross paths. The key takeaway here: content developed for inbound marketng should be more focused on your prospects problems and concerns than on your product or soluton. Afer all, those in the early stages of the buying cycle are looking for educatonal (i.e., non-promotonal) informaton. Others may know you exist, but dont understand what you do. Think about all the companies whose blog posts you read or Twiter accounts you follow. Do you really know what each of them does? And, even if you do, do you know if their product is the right ft for your organizaton? If you answered no, youre not alone. Thats because the educatonal content that is produced for inbound marketng ofen doesnt supply these answers. And its why you ofen need to pair marketng automaton with inbound marketng (more on this in a bit). You must share your content where your prospects spend tme, taking into consideraton industry- and locaton-focused sites and other venues, and even less popular social media sites. The key is to understand where your prospects spend tme and then to establish a presence there. And dont be afraid to ask others to share your content, whether bloggers, prospects, or partners, as they will ofen have a broader reach than you do. You can encourage pass-along by adding social-sharing butons to your content, landing pages, and emails. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 6. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com You arent reaching the decision makers. We have consistently found that leads generated through inbound marketng are ofen not the fnal decision makers for B2B products. Why? Its unlikely that CXOs are going to spend tme trolling the web for blogs or other content. Its far more likely that they assign this exercise to someone working for them. If you are putng too much emphasis on these inbound leads without fully qualifying them and if your compettors are reaching the decisions makers your inbound marketng eforts may be wasted. Sometmes you cant break through the noise. Many tmes companies pour lots of efort into their inbound marketng around big events such as trade shows. Unfortunately, that is the hardest tme to get notced. Take the popular cloud computng conference Dreamforce as an example. More than once during the 2011 conference, hundreds of tweets were posted in a mater of minutes. And most of those tweets probably went unnotced. It becomes a situaton of youve seen one, youve seen them all. The same goes for jumping on the bandwagon with Facebook, LinkedIn groups, a blog, or other social channels. The soluton to too much noise is not to make more noise, but to sound diferent! And there are plenty of ways to stand out from the crowd. Create content that is unique, with a fresh point of view. Or, commit to trying a diferent format from the rest, so while everyone else is blogging, you create a movie that gets the atenton of your audience. Map Your Content to Buyer Roles & the Buying Cycle Understanding the buying cycle from your prospects perspectve is critcal to success. If your content is not reaching decision makers in the early stages, create content that helps their subordinates understand how to infuence those with purchase authority. And as new buying commitee members enter the process, make sure your content is tailored to them. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 7. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Sometmes there isnt any noise. Other tmes you may fnd there isnt enough noise to even create a sound. This happens when companies sell into vertcals that are not receptve to inbound marketng, such as those concerned with privacy or industry regulatons, or those who are just slow to adopt online channels. Regardless of the reason, if there few or no people to consume your content, its not efcient to create it. Instead you must focus on other outbound marketng channels. Inbound marketng has a diminishing return. What does this mean? Wikipedia defnes diminishing returns as a decrease in the marginal (per-unit) output of a producton process as the amount of a single factor of producton is increased, while the amounts of all other factors of producton stay constant. In the world of marketng, this means theres not a direct correlaton between what you put in and what you get out. Lets say, for example, a company publishes three blog posts per week and signs up 20 new subscribers per week. If it saw an increasing return (or proftng return), you would expect that six blogs posted per week would net 40 new subscribers, but this is not typically the case. In other words, increased output is not directly linked to a greater number of leads or customers or higher proft. You need to strategically determine where to spend your tme especially if you have a limited amount of resources. This doesnt mean that the posts wont have a long-lastng efect; it just means that each additonal inbound marketng efort may not yield as much return as the previous efort. If youve goten this far in the paper, you might be feeling frustrated or upset. You may have been hoping that inbound marketng was going to be the marketng soluton of your dreams. Or you may be surprised by its inherent faws. Our intenton isnt to disappoint you, but to make you think about the marketng you are doing. We LOVE inbound marketng; we see it as a key to our success. You just need to be clear: inbound marketng done in isolaton doesnt lead to success. How Some Companies Make Inbound Marketng Work Many of us can think of a company or two that is making great strides in inbound marketng. So how do they achieve those results? What they have that you may not: 1. A good number of staf dedicated to inbound programs. We explained how the law of diminishing returns means that you probably wont double your lif by producing six blog posts instead of three. But what if you could churn out 30 blog posts? Companies with huge inbound marketng teams can ofen overcome some of the limitatons of inbound marketng by taking such radical measures. However, they have to pay hefy salaries to maintain this staf. We would argue that they can achieve the same growth smarter and faster by combining diferent types of programs outside of inbound marketng, rather than just throwing lots of resources at the issue. 2. Both inbound and outbound programs. Many companies that appear to be doing great work in inbound marketng are ofen found because of outbound marketng. Think about it: how did you fnd the last white paper you downloaded? Was it through a Google search? Or did you fnd it on a news website or through a promoton from a thought leader you trust? Its quite likely you are fnding much of your informaton through paid promotons (even if youre not aware that theyre paid). 3. Nurturing programs. Some companies are extremely efcient at turning inbound prospects into leads because of the scoring and nurturing programs they use once a lead is in their system. We are not talking about simple nurturing campaigns that send out a new email to the database list every two weeks. Were referring to organizatons that have segmented their databases into their diferent buyer personas, sending them relevant informaton when they are most likely to consume it. In other words, these companies are sending their prospects the right informaton at the right tme. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 8. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com The Ideal Marketng Mix To make inbound marketng work for you, you need three other essental ingredients in additon to your inbound marketng programs, what we call the Inbound Marketng Multplier: 1. An outbound marketng strategy 2. A corporate communicatons strategy 3. A nurturing or marketng automaton strategy Before we describe how to multply the impact of your inbound marketng leads with these other elements, we have to agree on something: marketng to your target market is not shameful. In fact, the defniton of marketng per Merriam-Webster is the act or process of selling or purchasing in a market. And if youre not ultmately helping your company sell its products, what value do you ofer? Ofen those that use inbound marketng are so used to creatng thought leadership for lead generaton that they view any promotonal content in a negatve light. Marketng is important, even when promotonal. Again, lets turn to Merriam-Webster, which says promoton means the furtherance of the acceptance and sale of merchandise through advertsing, publicity, or discountng. In other words, its one more step in the process of making a sale. Its a mater of shifing your mind-set. Rather than viewing promotons as sleazy or underhanded, think of them as providing the type of informaton that your targeted prospects are seeking as they move further along the path to purchase. Its just that to do it right you should only direct promotonal content to those who will be interested, not to everyone in your database or in purchased lists. Now lets take a closer look at the Inbound Marketng Multplier. Combine Outbound and Inbound for Greater Results Outbound marketng is any paid marketng both online and ofine used to acquire new leads. It includes everything from trade shows to pay-per- click marketng and is critcal to growing inbound marketng. Why? Well, when a new piece of content is launched, inbound marketng supports that content, for example, by sharing it in social media channels, making it faster and easier for your content to be found. The paid advertsement or site sponsorship of an outbound marketng campaign helps you further spread the word about the content, ultmately multplying the number of new views you generate, which in turn will increase the number of shares, thus further increasing the number of potental customers viewing your content. In additon to generatng more views, marketers can realize the following benefts through an inbound/outbound mix: Create Brand Recogniton and Business: The greater the number of outbound campaigns you execute, the more likely that people will recognize and get to know your brand. The more they know and trust your brand, the more likely they will be to respond to your inbound marketng, and ultmately, become a customer. Make Prospects Speak your Language: When you run paid promotons, you choose the language used to describe your product or service. Prospects who repeatedly see these paid promotons are likely to pick up on the terms you use and plug those in when they are searching for a soluton. As a result, you are more likely to appear high in the search engine results. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 9. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Corporate Marketng Gets You Recognized Ofen inbound marketng specialists say press releases are dead or only good for paid SEO links. They also may suggest that because press releases arent relevant, corporate marketng isnt needed at all. This is not true. Corporate marketng is made up of much more than press releases. This area of marketng includes branding, analyst relatons, product launches, programs to upsell to and retain customers, and communicatons, both internal and external all essental components of a marketng program. Inbound marketng doesnt replace corporate marketng, but should work hand in hand with it. By establishing a consistent brand and set of messages, your company becomes recognizable and trusted. And by conjuring feelings of trust, knowledge, and quality in the minds of prospects, you have the opportunity to stand out in the deluge of content available online. You may not be the only one doing what you do, but you want to be thought of as the best. Think of it like the Pepsi-or-Coke argument. A Pepsi drinker chooses to drink Pepsi even though she is aware of Coke. Thats because brand loyalty is powerful and long lastng. Once you establish a strong brand image, inbound marketng can carry it far and wide. At the same tme, youll see a greater return on inbound marketng because people will be more receptve to your content. Capture Your Target: Knowing and appealing to your target audience is one thing, reaching them is another. Lets say your target market is Fortune 1000 companies. Through outbound marketng, you can target this group exclusively by purchasing lead-generaton programs where you only pay for leads that satsfy your criteria. This makes your campaigns very efcient and keeps your database clear of names that will never purchase from you. In inbound marketng you can target specifc groups in your content, but you cant do anything to ensure that the content reaches and is consumed by your target audience. The Personal Touch: When you meet a prospect face-to-face, or even talk to them on the phone, you establish a relatonship that can be far more powerful than one developed via any email or tweet. With outbound marketng you can build the one-on-one relatonships that are not possible to develop with inbound marketng. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 10. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Marketng Automaton Enhances Inbound Marketng automaton is the use of technology to manage and automate the process of convertng prospectve customers into actual buyers. By automatng the various tasks and workfows involved in demand generaton, lead management, and sales and marketng alignment, marketng automaton contributes to shorter sales cycles, increased revenue, and beter marketng ROI. And this is necessary for the success of your inbound marketng campaigns. The leads youve generated via inbound marketng are ofen stll conductng research and evaluatng their soluton optons. Thats where lead nurturing comes in you need to invest in the process of building relatonships with qualifed prospects, with the goal of earning their business when they are ready to buy. Marketng automaton helps you deliver relevant informaton over tme to keep leads interested, engaged, and educated untl theyve made that decision. Plus, marketng automaton helps you score leads, which enables you to identfy the ones that are ready to move to sales and those that require further nurturing. It does so by taking into account demographic and frmographic atributes such as company size, industry, and job ttle along with behaviors such as email click-throughs, web visits, and content downloads. Marketng Automaton supports inbound marketng in the following ways: Raises open and click rates: By tapping into email deliverability best practces and delivering mult-step campaigns aligned with prospects profles, interests, and online actvites, you boost the efectveness of your emails. Enables A/B testng beyond just landing pages on your website: With marketng automaton, you can test the potental efectveness of your emails and ofers. Creates new landing pages in minutes without IT: Marketng automaton empowers you to create and launch relevant and optmized landing page whenever needed and in turn, generate dramatcally higher conversion rates. Shortens sales cycles: By identfying, prioritzing, and connectng with the best leads, you can close deals faster. Lets sales know when their prospects are engaging online: With insight into how much content prospects have consumed and how much tme theyve spent on your site, your sales reps can strike while the iron is hot. Automates repettve tasks: By automatng tasks that can be tme consuming to handle manually such as managing leads you can spend your tme on more strategic initatves. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 11. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Delivers sophistcated reportng and analytcs: As marketers are increasingly held accountable for the impact of their actvites, they need tools that help them assess and increase their efectveness and impact on revenue. Wins more deals and generates higher revenue per deal: By driving a greater number of qualifed leads, streamlining the entre sales cycle, and focusing on the most promising opportunites, marketng automaton helps you generate beter results. While each of these can make a big impact on your marketng, by combining them you can dramatcally improve the results of your marketng program and reduce costs across the sales and marketng organizaton. Inbound Marketng: What Not to Do Finally, you should know that not all inbound marketng is created equal. We consistently see companies using the following bad practces in inbound marketng: Inefectve Social Sharing Some companies use a generic social- sharing widget, or one built into a content management system (CMS) or inbound marketng platorm. Ofen, these types of widgets only allow you to share the ttle tag or artcle ttle. As a result, the share comes across as very impersonal. Use sharing functonality that allows you to customize messages to be more conversatonal, as this drives conversions. Poor Segmentaton The beter you know your target buyers, the beter you can tailor your communicatons to them. Unfortunately, many companies stop at the ttle and company size. But what can you really know about a prospect based on that informaton? Certainly not enough to develop content that hits a nerve and keeps prospects engaged over tme. Instead, you should customize messages to your prospects acquired via both inbound and outbound marketng based on more than ttle and company size. You do that by segmentng on the types of content they prefer, the last tme they engaged with your content, or based on interests theyve specifed on your registraton forms. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 12. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Flat Lead Nurturing Flat lead nurturing is ted to not knowing enough about the distnctons in your target audience. The result is that marketers deploy a single drip campaign to the entre database. The problem is that each person in the database has unique issues to solve and this one-size-fts-all approach means youll ultmately alienate all your prospects with messages and content that doesnt resonate. Instead, create compelling nurturing campaigns based on the interests or pains of your prospects. Generic SEO: While search engine optmizaton can help your site and content get found online, a generic approach can drive the wrong trafc to your site. Again, it gets back to how well you understand your prospectve buyers and their concerns. If you simply focus on high-level keywords in your content and pages, youre going to atract a broad range of people, many of whom are probably not in the market for your ofering. Many companies fall into this trap because they rely on free SEO tools, or ones that come with their CMS or inbound marketng soluton. By allocatng a bit more of your budget to SEO and calling in the experts, companies ofen realize an exponental ROI. Lack of Sales Visibility You can generate all the great leads in the world using inbound marketng, but it wont amount to anything if your sales team isnt in sync with your inbound marketng actvites. Imagine someone tweets that they are looking at three diferent vendors, and then visits your site the next day and downloads a white paper. If your sales reps cant see both the social comments and the content consumpton in their CRM system, you risk them delivering the wrong message when reaching out to the prospect. Measuring on First Touch Alone Knowing the source of a lead and atributng revenue to that lead source doesnt actually tell you how to optmize your campaigns. Instead, you need to know how much each program inbound and outbound infuenced the purchase. Some actvites are going to create buzz, others downloads (i.e., leads), and others will drive purchases. If you only measure the lead source, you wont accurately be gauging the value of other important programs that ultmately contribute to revenue. So how do you move from bad to best practces? Use a robust marketng automaton or revenue performance management system to optmize inbound programs that generate leads and help move leads through the sales funnel. Not only will your company see increased revenue from marketng programs, but as a marketer, you will be able to prove the value youre delivering so the marketng team fnally gets the credit it deserves. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 13. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Creatng the Proper Program Mix Creatng the proper campaign mix starts by understanding your objectves. Are you trying to boost brand awareness? Do you need to fll the pipeline with more leads from a partcular vertcal? Is the goal to drive trafc to your site in support of an upcoming webinar? Once you nail this down, you can determine the tactcs that will help you achieve your goals. Many of the methods that have worked for us are listed below; the key is to fgure out what will work best for your organizaton. Dont forget that these tactcs and their efectveness can change over tme, so its ofen best to start with a few tactcs and then expand. And dont be afraid to remove tactcs from your mix if they stop working. Whats your mix? Check of the tactcs in your B2B Marketng Program Mix (aka Demand Generaton). The more you are employing, the farther along you are. Those not checked are opportunites for you to enhance your marketng success. Inbound Marketng:
SEO: Search engine optmizaton is how you increase the likelihood of ranking high in the search engine results. Blogging: A great way to build your brand, establish thought leadership, and engage prospects over tme by getng them to subscribe to your posts and by pointng them to other content of interest. Social media: Sites and networks such as LinkedIn, Twiter, Facebook and more niche-oriented venues are conduits to prospectve buyers, and places you can make them aware of your expertse and content. Forums and online communites: Partcipatng in online discussions is a way to fnd out what issues are top of mind for prospects, while also positoning you as a valuable resource of informaton. White papers and eBooks: White papers are typically 4-8 pages in length, and explore a business issue, helping readers understand best practces and optons. While typically longer than white papers, eBooks also explore business issues but ofen in a more conversatonal and visually appealing manner. Videos: Snack-sized content in a visual format helps you engage busy prospects that may not have tme to read your white paper or eBook. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 14. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Outbound Marketng:
Online Campaigns Banner and display: An advertsement appearing on a website. Virtual events: A tradeshow, conference, or meetng online. Webinars: A presentaton or workshop delivered over the web to educate prospectve buyers. Sponsored newsleter and emails: Allows you access to a target audience that might not otherwise be reached. Ofine Campaigns Tradeshows: In-person exhibits that ofer the chance to display your soluton and interact one-on-one with prospects. Roadshows: A series of marketng events staged at multple locatons to generate interest in your companys ideas or oferings. Direct mail: Advertsing sent to a prospects home through a mail service. TV & radio advertsing: Using the radio or TV to deliver a scripted message to atract new clients. Out-of-home advertsing: Advertsing that appears when you are in transit, or at an actvity outside of your home, in order to drive awareness or encourage a specifc call-to-acton. Print advertsing: From fyers to newspapers and magazine ads, print advertsing includes all advertsing found in printed media. Field Marketng Targeted events (e.g., dinners, sportng events): A direct selling opportunity to a specifc audience. Appointment setng: Making calls to qualify leads and schedule calls between them and sales reps. List purchases: Paying for a highly targeted list of individuals based on a range of criteria, such as ttles, industry, and solutons used, to be used in marketng campaigns. Telemarketng: Using the phone to make your sales pitch in an efort to drive prospects farther down the sales funnel. Corporate Marketng:
Communicatons: The internal and external messages that a company develops and disseminates. Analyst and public relatons: Engaging relevant analysts and media contacts to keep them informed of your company positoning and oferings. Guerilla marketng: A form of marketng that tries to generate brand awareness at a low cost by using atypical methods like graft, fash mobs. and poster campaigning. Marketng Automaton:
Lead nurturing: The process of building relatonships with qualifed prospects regardless of their tming to buy, with the goal of earning their business when they are ready. Lead scoring: A shared sales and marketng methodology for ranking leads in order to determine their sales-readiness. Metrics that Mater:
Closed Loop Reportng: A way to measure the impact of marketng actvites on revenues. Revenue Performance Management: Optmizing interactons with buyers across the revenue cycle to accelerate predictable revenue growth. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 15. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Michael Brito Book: Smart Business, Social Business Blog: www.britopian.com Twiter: @Britopian Paul Gillin Blog: www.PaulGillin.com Twiter: @pgillin Adam Metz Website: www.AdamMetz.com Blog: htp://adammetz.com/metzmash Twiter: @theMetz Douglas Karr Blog: www.MarketngTechBlog.com Twiter: @DouglasKarr Ann Handley Book: Content Rules Website: www.MarketngProfs.com Blog: www.mpdailyfx.com Twiter: @MarketngProfs C.C. Chapman Book: Content Rules Blog: htp://www.cc-chapman.com/blog Twiter: @cc_chapman Chris Brogan Website: www.ChrisBrogan.com Twiter: @ChrisBrogan Cindy King Blog: www.SocialMediaExaminer.com Twiter: @CindyKing Michael Stelzner Blog: www.SocialMediaExaminer.com Twiter: @Mike_Stelzner Guy Kawasaki Website: htp://alltop.com Twiter: @GuyKawasaki Jef Bullas Blog: www.JefBullas.com Twiter: @JefBullas Mari Smith Blog: htp://www.marismith.com Twiter: @MariSmith Neal Schafer Book: Understanding, Leveraging & Maximizing Linkedin Blog: htp://windmillnetworking.com Twiter: @NealSchafer Pam Moore Blog: htp://www.pammarketngnut.com Twiter: @PamMktgNut Frank Reed Website: www.FrankReed.com Blog: htp://www.marketngpilgrim.com Twiter: @FrankReed Maya Grinberg Webiste: www.Wildfreapp.com Blog: htp://blog.wildfreapp.com Twiter: @Papayamaya Kipp Bodnar Blog: www.SocialMediaB2B.com Twiter: @kippbodnar Dan Zarrella Blog: www.DanZarrella.com Twiter: @DanZarrella 18 Must-Know Inbound Marketng Experts Need help getng started or advancing your current inbound marketng strategy? The experts below represent the best of the best when it comes to inbound marketng. Some have books, others consultng frms, but all have the A+ smarts to push your inbound marketng to the next level. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 16. 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twiter.com/marketo | blog.marketo.com Tap into the Power of Inbound Marketng Companies seeking to take advantage of all ways of reaching and connectng with prospectve buyers need to include inbound marketng in the mix. But the key is just that to incorporate inbound marketng into a larger group of marketng tactcs that amplify the impact of inbound marketng actvites. By building a marketng foundaton around a combinaton of outbound and inbound marketng and automatng the lead nurturing and management process using marketng automaton sofware and revenue performance management technology your company will generate far higher returns for its eforts. Amplify Your Impact: How to Multply the Efects of Your Inbound Marketng Program 17. Marketo is the fastest growing provider in Revenue Performance Management. Marketos powerful yet easy-to-use marketng automaton and sales efectveness solutons transform how marketng and sales teams of all sizes work and work together to drive dramatcally increased revenue performance and fuel business growth. The companys proven technology, comprehensive services and expert guidance are helping enterprise and mid-market companies around the world to turn marketng from a cost center to a business-building revenue driver. Marketo also ofers Spark by Marketo, a new brand of marketng automaton tailored specifcally for small businesses the fastest-growing and largest segment of todays economy. About Marketo U.S.A. Headquarters 901 Mariners Island Blvd, Suite 200 San Mateo, CA 94402 Tel: + 650.376.2300 Fax: + 650.376.2331 www.marketo.com EMEA Ltd. Cairn House South County Business Park Leopardstown Dublin 18, Ireland Tel: + 353.1.242.3000 IBM-020712