Social advertising, native advertising, content marketing, mobile, marketing automation, CRM, email marketing - today's world of marketing is filled with more opportunity than ever before. But with this opportunity comes the potential inertia of too much too much to learn, too much data to measure, too many technologies to adopt, too many marketing tactics to integrate too many decisions overall! Find out how to bring strategic structure to the chaos in a way that your peers and leadership can clearly understand and support. Learn how to develop a strong, integrated campaign that will help you justify your marketing budget - or get a budget - to your organization's executive leadership.
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Marketing Decision Makers: Stop Thinking Tactics, Start Thinking Campaigns - 2015 Spring AMA Marketing Workshop
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Session Agenda
Your distractors
Your customers distractors
The funnel: Bring order to the chaos
Tools to support your efforts
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Where does a marketers time go?
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Budgets
I dont know. Response from 50% of marketers
when asked how much they could increase incremental
profits with a 10% increase in budget.
Source: Lenskold Group and emedia
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Technology
Email down. Password resets. Smartphone not connecting
to Exchange. Internet is slow. Etc. Etc. Etc.
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Information
66% of marketers feel overwhelmed by volume of data,
59% are frustrated by how long it takes to receive reports,
and 50% said reports lack important information.
Source: DOMO Survey, November 2013
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Meetings
37% of employee time is spent in meetings. Managers
attend more than 60 meetings per month.
Source: InfoCom
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Politics
43% of employees say dealing with office politics
is their primary time waster.
Source: Salary.com
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Updates/Reports
Knowledge workers spend an average of 41% of their
time on discretionary activities that offer no satisfaction
and could be handled competently by others.
Source: Harvard Business Review
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Resistance
Only 30% of change programs succeed.
Source: John Kotter
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Yourselves
The average US adult spends 141 minutes a day
using mobile devices.
Source: Advertising Age Mobile Fact Pack 2013
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The Industry
Chasing the next
Big Thing.
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Newspapers have lost $40 Billion in
advertising revenue since 2000.
Source: Newspaper Association of America
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The number of pieces of mail delivered by
the US postal service dropped from 250
Million to 50 Million over the last 6 years.
Source: USPS
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Content on the Internet tripled between
2010 and 2013.
Source: GoGlobe & Qmee
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90% of all Internet traffic
in 2017 will be video.
Source: Cisco
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Sharing on social media has
doubled between 2011 and 2013.
Source: KPCB
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The half-life of a piece of content shared
on Twitter and Facebook is 3 hours.
(Half-life = 50% of Total clicks)
Source: Bit.ly
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73% of people surveyed wouldnt care
if the brands they used disappeared
from their life.
Source: Co.Exist
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42% of global marketers say acquiring
new customers is one of the top three
marketing challenges facing their
organization.
Source: IBM
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It is 6 to 7 times more expensive to
acquire a new customer than it is to
keep a current one.
Source: White House Office of Consumer Affairs
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These customer distractors
can be opportunity.
But with all of this opportunity comes
the potential inertia of too much...
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How can you bring structure
to the chaos?
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Funnel
testing/optimization
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Sales, New Members, Advocates, etc
The funnel approach
Awareness/Attention
Action
Desire
Interest
Universe of People
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Planning/Strategy
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
Account Planning
Research
Positioning
Messaging
Delivery
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Awareness/Attention
Account Planning
Research
Positioning
Messaging
Delivery
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
Public Relations
Advertising
Social Media
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Interest
Account Planning
Research
Positioning
Messaging
Delivery
Public RelationsAdvertising
Social Media
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
Direct Marketing
Search
Social Media
Channel Marketing
Digital Experience
Native Advertising
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Desire
Account Planning
Research
Positioning
Messaging
Delivery
Public RelationsAdvertising
Social Media
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
Direct Marketing
Search
Social Media
Digital Experience
Channel Marketing
Native Advertising
Whitepapers
Long Form Video
Events
Webinar
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Action
Account Planning
Research
Positioning
Messaging
Delivery
Public RelationsAdvertising
Social Media
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
Direct Marketing
Search
Social
Digital Experience
Channel Marketing
Long form video
Whitepapers
Events
Webinar
Native Advertising
Conversion Optimization
User Experience
Call Center
Sales Visit
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The campaign stack: A pragmatic approach to marketing
Air Cover
Demand and
Lead Generation
Collateral
Training
Commercial
offer
Promotions
Print, online, TV, radio, public relations, online banners/search,
podcasts, out-of-home (billboards, airports, etc.)
Direct mail, email, Newsletters, events (real and virtual)
Briefs, presentations, white paper, customer case studies
Workshops, E-seminars, podcasts, online exams
Preconfigured packages, boxed sets, subscription service, starter kits
Bundle discounts, partner incentives, rebates, awards
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Big whooping mistakes
No call to action
Bad timing between air cover and demand generation
Inconsistent message
No training
Not telling Sales
Telling channel partners before
direct Sales or Field Marketing
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Measure what matters.
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Measurement/Analytics
Loyalty
Sales
Attribution
High Value Behaviors
Completion of Task
Likes/Follows
Page/Video
Views Time
Spent
Clicks
CTR/CPC
Visits
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Output
Reach, touch,
click
Business Goals
Added value
Outcomes
Knowledge,
opinions, attitudes
Organization Targeted groups
Tactics/media/
channels
Total measurement
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Back up your data with more data
Secondary research adds new dimension to
your existing data and supports your insights. Tools you can use:
Google Trends
Yahoo! Clues
eMarketer
comScore
Forrester
Nielsen
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Optimization
and testing
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A/B/split testing and multivariate testing (MVT)
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Why test?
Only way to truly know what works and what doesnt for
your industry, customers and products
No opinions
No best practices
No design for design sake
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What can you test?
Processes/ user workflows
Landing pages
Campaigns
Design
Content
Marketing promotions
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Where to start?
Action
Desire
Interest
Universe of People
Audience
Segmentation
Awareness/Attention
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Testing tools
www.conversion-rate-experts.com/split-testing-software/
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The role of marketing automation
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What is marketing automation?
Marketing automation is software
that automates your marketing
efforts. As a result, your
sales and marketing teams
can work in tandem with
one another.
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Marketing automation features
This allows many marketing practices to take shape,
including:
Lead generation (Create interest in product or service)
Segmentation, dynamic content, personalization (divide target
market into subset of customers with common variables)
Lead nurturing (process use to build relationship)
Lead scoring (methodology to rank prospects)
Relationship marketing (emphasize customer retention & satisfaction)
Customer retention (loyalty)
ROI measurement (investment vs revenue)
Landing page A/B testing (refinement of message)
Anonymous visitor tracking (user tracking)
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Marketing automation benefits
Businesses of all sizes can properly utilize marketing
automation.
It increases the operational
efficiency of your business
while driving revenue.
Better leads = increased
business and revenue
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Tools to support your efforts
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Measurement framework
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Conversion funnel worksheet
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B2B industry benchmark for lead conversions*
Suspects
* Based on industry averages/benchmark developed by Netprospex
Prospects
Marketing Qualified
Lead
Sales Accepted Lead
Sales Qualified Lead
Closed Deals
Avg Size of Sale
2015 Marketing
Generated Revenue Goal
$$$$$$
x $$$$
2%
4%
67%
47%
31%
Closed Deals
Suspects
Prospects
Marketing Qualified Lead
Sales Accepted Lead
Sales Qualified Lead
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Return on investment (ROI) calculators
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Thank you
Shane Johnston
e. sjohnston@capstrat.com
t. @shanetjohnston
Jon Barlow
e. jbarlow@capstrat.com
t. @Jon_Barlow
www.capstrat.com