Archive for the ‘Email Marketing’ Category

Email Marketing – How Many Touches are Enough?

Monday, November 22nd, 2010

Over the last several months Manticore Technology has been marketing our Quintessential Marketing Automation Guidebook to a wide array of B2B marketers.  (you should have seen it by now).  The premise of the guide was simple:  Develop a marketing automation best practices eBook with our partner network to drive lead generation and further the message of the importance of process in marketing automation.  At the same time we could help build awareness of our marketing automation partner network.

We also used this latest demand generation effort as a chance to test out a couple of marketing hypotheses.  The first one was looking at how many touches was optimal in an email marketing campaign.  As you can see from the figure below, the campaign consisted of a 4-touch email campaign with 4 different batches being sent out.  We decided to create 4 different batches to help create a steady, manageable flow of leads for our sales team.   There was a 2-week interval between each email in the campaign.   Each email offered the opportunity to download a section of the eBook without registering OR the complete eBook with a full registration.


RESULTS

As you can see from this graphic, the results were interesting to say the least.

Looking at one batch we found that 95% of all campaign respondents downloaded the marketing automation best practices guide during the first 2 touches of the campaign (emails #1 and #2).  Only 5% of respondents came from emails #3 and #4.  For this campaign, the additional 3rd and 4th touches proved not to add significant value.  I assume this is because we hit a saturation point with our target audience.  Those that had an interest had downloaded the guide.  The remaining audience began to tune the campaign out.

Lesson learned for Manticore Technology:  Two touches in a demand gen campaign is an optimal number for registrations to effort and money spent.

What do you think?  Have you seen similar results in your email marketing campaigns?

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Christopher Doran

Brent Mellow Helps You Choose the Right Marketing Solution

Wednesday, November 10th, 2010

Despite the proliferation of spam, email marketing continues to be one of the cheapest and most effective ways to reach your audience. Because email is such a key tool for most marketers, there are literally thousands of solutions available that include an email marketing component. Many prospective customers ask what a marketing automation platform enables them to do that a CRM system and email marketing solution do not. To determine if marketing automation is a good fit for you, it’s important to identify your goals and understand the difference between each type of solution.

Brent Mellow, Manticore Technology partner and owner of akaCRM, a professional services firm which provides comprehensive services for salesforce.com and the Force.com cloud platform, provides a high-level look at the difference between using the native capabilities of Salesforce CRM vs. using a specialized email marketing or marketing automation application in Email Marketing Solutions for Salesforce.com.

He offers a detailed list of what each solution enables you to do, the varying levels of sophistication, and the cost and choices among them. Mellow discusses the functionality and limitations of using Salesforce CRM email – pointing out that for some organizations, its functionality may be sufficient. He then discusses what ad-on marketing applications enable you to do and provides a detailed list of the differences and capabilities of each.

Regarding marketing automation, Mellow sums it up pretty well, when he states, “The differentiating feature of a marketing automation application vs. an email marketing application, is automation as the name implies.” He lists several features that provide advanced capabilities, such as:

  • Campaign Automation - replicate successful multi-step marketing campaigns and have them run on auto-pilot. For example, set-up a campaign that will automatically send a save-a-date email 180 days before the event, invitation 90 days before event, reminder 30 days and 5 days before event, and sorry-we-missed-you and thanks for attending messages 1 day after the event. Campaign automation is the core functionality that differentiates Marketing Automation applications from Email Marketing applications.
  • Dynamic Content - automatically provide alternative content based on segmentation parameters. For example, a recipient in California could receive content on events in California while a New York recipient could receive events in New York all through a single automated emailing.
  • Lead Nurturing - ability to manage leads overtime that aren't ready to buy today and monitor for changes in interest.
  • Lead Scoring - ability to apply formulas to leads based on behavior and visit patterns.
  • Website Monitoring - enable your teams to see individual companies visiting the website, often in real-time. This is not the same thing as website analytics like Google Analytics. Some vendors refer to this as website caller ID.

In addition to providing a detailed list of capabilities for each category, Mellow also lists vendors, costs and other aspects to consider before a purchase. For marketers who need to think through which technology best supports their processes and marketing needs, the complete post is a must-read.

Brent Mellow, founder and principal of akaCRM, has more than 20 years of experience in sales, marketing, partner management, business finance and infrastructure. Brent completed his initial salesforce.com partner training in 2003 after having been a customer of salesforce.com for the two prior years. Brent is a certified salesforce.com administrator with nearly a decade of experience with salesforce.com and the Force.com cloud platform.

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Jeff Erramouspe

Improve Lead Nurturing Process Execution with Decision Trees

Thursday, June 24th, 2010

Our recent white paper, 6 Truths About Marketing Automation (And How to Face Them), made the case for deploying the platform in support of an established process. One of the features that makes it easier to transition from process to executable action is the use of program decision trees that provide a visual representation of how a lead will make progress toward buying.

Lead nurturing can become complex and unwieldy very quickly based on the number of steps, length of sales cycle and permutations possible during buying over the long term. With a drag and drop interface, marketers can easily create navigable paths based on a lead’s activity and interest. The marketing automation platform will track and display the lead’s disposition at each step in response to nurturing touches. By overlaying the metrics, marketers can quickly evaluate where their nurturing programs are creating momentum as well as pinpoint bottlenecks that need refinement to improve response.

Some of the benefits of a visual campaign interface include:

  • The ability to see both the content flow and the timing of the touches across the program.
  • Evaluation of how each decision impacts a lead’s path during nurturing – in comparison to other paths in the campaign.
  • The incorporation of status changes that alert salespeople, through holistic CRM integration, to follow up with prioritized leads.
  • Identification of opportunities to include progressive profiling for lead qualification in conjunction with meatier content downloads (e.g. white papers, eBooks).
  • Trigger points where additional, automated emails can be inserted to increase momentum with highly interested leads, or re-engage those who have stalled.
  • And more…

We find that our customers who deploy marketing automation to execute a defined nurturing process are able to realize outstanding results including, higher qualified leads, increased sales interactions and shorter sales cycles. Recent Executive Benchmark Assessment data from Bulldog Solutions and Frost & Sullivan shows that process is the number one roadblock BtoB marketers face in implementing marketing automation, with skill sets and content right behind.

Building a process is hard. Putting it into play doesn’t have to be.

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Christopher Doran