busting the myths of marketing automation

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Busting The Myths of Marketing Automation With You Mon Tsang

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Page 1: Busting the Myths of Marketing Automation

Busting The Myths of

Marketing Automation

With You Mon Tsang

Page 2: Busting the Myths of Marketing Automation

What Is

Marketing Automation?

#VocusWebinar

Page 3: Busting the Myths of Marketing Automation

Audience Survey

What is the state of your marketing efforts?

– Great. Killing It.

– Good (can always be better, right?)

– Fair. And needs to be better.

– Not good. Needs a big makeover

– Just starting…

Page 4: Busting the Myths of Marketing Automation

Audience Survey

What is the state of your marketing efforts?

Page 5: Busting the Myths of Marketing Automation

Audience Survey

Do you use marketing automation?

– Yes, it’s working well

– Yes, but it’s been slow going

– No, but plan to use it.

– No, and no current plans.

– What’s marketing automation?

Page 6: Busting the Myths of Marketing Automation

Audience Survey

Do you use marketing automation?

Page 7: Busting the Myths of Marketing Automation

What is Marketing Automation?

A marketing automation system is a system that helps marketers execute multichannel marketing campaigns by providing a scripting environment for authoring business rules and interfaces to a variety of third-party applications.

Source: Gartner http://www.gartner.com/it-glossary/mas-marketing-automation-system

Page 8: Busting the Myths of Marketing Automation

What is Marketing Automation?

A marketing automation system is a system that helps marketers execute multichannel marketing campaigns by providing a scripting environment for authoring business rules and interfaces to a variety of third-party applications.

Source: Gartner http://www.gartner.com/it-glossary/mas-marketing-automation-system

Page 9: Busting the Myths of Marketing Automation

Let’s Try That Again

Marketing automation finds you new business by

• centralizing and automating your marketing

tasks across multiple channels,

• giving you insight on who your contacts are and

what they do, and

• collecting and calculating the data on what

worked well and what did not.

Page 10: Busting the Myths of Marketing Automation

Marketing Automation

Works

#VocusWebinar

Page 11: Busting the Myths of Marketing Automation

Marketers say:

• Increases revenue: 79%

• Drives higher quality leads: 76%

• Increases quantity of leads: 77%

*Source: Gleanster Benchmark Report 2013: Marketing Automation

Marketing AutomationConfidential

Works

Page 12: Busting the Myths of Marketing Automation

75% of companies using marketing

automation see ROI within

12 months

44% see ROI within

6 months

Research shows…

*Source: Focus Research

Page 13: Busting the Myths of Marketing Automation

% of Companies Using Marketing Automation

4%

$5M - $20M

9%

$20M - $500M

36%

$20M - $500M

48%

Technology Industry

COMPANY SIZE

Using Marketing Automation

Not Using

Page 14: Busting the Myths of Marketing Automation

Your Painsand how automation helps

#VocusWebinar

Page 15: Busting the Myths of Marketing Automation

Marketing without automation

• Continual repetition of tasks

– Pulls a daily list of sign ups

and creates and sends

email.

• Manual and time consuming

• Extra step of creating new

emails daily

• Email analytics are

fragmented

Campaign to promote an upcoming event

Page 16: Busting the Myths of Marketing Automation

Marketing without automation

• Untimely follow-up

• Waits until registration is

over, pulls a list of all

signups, creates and sends

the email.

• Registrants get their

follow up email days

after they signed up

Page 17: Busting the Myths of Marketing Automation

• Lack of personalization

• Everyone receives

the same email

Marketing without automation

Page 18: Busting the Myths of Marketing Automation

Marketing without automation

• No visibility into contact

inactivity

– Marketer only knows

who signed up

• Not where they dropped

off

• Can’t send targeted

follow-ups to

non-responders

Page 19: Busting the Myths of Marketing Automation

• Manual transition to sales

– Marketer downloads a file of signups and

sends to sales, who uploads & cross

references with existing customers.

• Manual and time consuming

• ALL new names are treated as leads

• Pass to sales happens after a single

touchpoint

Marketing without automation

Page 20: Busting the Myths of Marketing Automation

Marketing without automation

– Marketer learns about

contacts through

participation

– Without

automation, that

intelligence cannot be

retained for future

marketing

• Contact intelligence is not retained

Page 21: Busting the Myths of Marketing Automation

Why buyers look for with automation

• Increase Marketing team’s efficiency

• Improving customer’s experience

• Nurture Leads

• Generate Leads

• Closed-Loop Reporting

• Integrate sales and marketing

Page 22: Busting the Myths of Marketing Automation

Audience Survey

What are YOU looking for?

– Increase Marketing’s team efficiency

– Improving customer’s experience

– Nurture Leads

– Generate Leads

– Closed-Loop Reporting

– Integrate sales and marketing

Page 23: Busting the Myths of Marketing Automation

Audience Survey

What are YOU looking for?

Page 24: Busting the Myths of Marketing Automation

So What’s Stopping Us?

Busting Myths

#VocusWebinar

Page 25: Busting the Myths of Marketing Automation

Top Evaluation Criteria1. Price/cost of ownership

2. Product integration [CRM, etc.]

3. Ease of use/learning curve

Top Obstacles1. Budget constraints

2. Lack of skilled employees

3. Poor contact database quality

4. Lack of content

5. Complexity of automation software

Source: Pepper Global

Buying Obstacles

Page 26: Busting the Myths of Marketing Automation

Audience Survey

What is your top obstacle to using marketing

automation?

– Budget constraints

– Lack of skilled employees

– Poor contact database quality

– Lack of content

– Complexity of automation software

Page 27: Busting the Myths of Marketing Automation

Audience Survey

What is your top obstacle to using marketing

automation?

Page 28: Busting the Myths of Marketing Automation

MYTH: I need to hire dedicated

technical resources

Page 29: Busting the Myths of Marketing Automation

TRUTH: Not Anymore

Page 30: Busting the Myths of Marketing Automation

MYTH: I need lots of creative types!

Page 31: Busting the Myths of Marketing Automation

TRUTH: Not As Much As You Think

Page 32: Busting the Myths of Marketing Automation

MYTH: I need a statistician

Page 33: Busting the Myths of Marketing Automation

TRUTH: Just a smart person or two

Page 34: Busting the Myths of Marketing Automation

MYTH: Automation Only Processes

Leads; I Don’t Get New Ones

Page 35: Busting the Myths of Marketing Automation

“Marketing automation

[is moving] beyond its

original role in lead

management to help

attract new leads at the

top of the funnel.”

- David RaabMarketing automation industry analyst

TRUTH: TOP and bottom of funnel

Page 36: Busting the Myths of Marketing Automation

MYTH: Automation Is Just A Tool; I Am

On My Own For Content Creation

Page 37: Busting the Myths of Marketing Automation

Audience Survey

How big a challenge is content creation for

you and your team?

– One of our biggest challenges

– One of many normal-sized challenges

– It’s not too bad

Page 38: Busting the Myths of Marketing Automation

Audience Survey

How big a challenge is content creation for

you and your team?

One of many normal-sized challenges

Page 39: Busting the Myths of Marketing Automation

TRUTH: Marketing automation helps

with content marketing

Page 40: Busting the Myths of Marketing Automation

MYTH: Automation Makes Me Less

Creative and Turns Us Into Machines

Page 41: Busting the Myths of Marketing Automation

TRUTH: Expect a creative explosion

Page 42: Busting the Myths of Marketing Automation

MYTH:

Marketing

automation

is for the

Fortune 500

company.

The rest of

us cannot

afford

marketing

automation.

Page 43: Busting the Myths of Marketing Automation

TRUTH: Affordable automation is here

Page 44: Busting the Myths of Marketing Automation

MYTHS: “Marketing Is Art” or

“Marketing Is Science”

Page 45: Busting the Myths of Marketing Automation

Audience Survey

Is Your Marketing More Art or Science?

– More Art

– More Science

– A Good Balance

Page 46: Busting the Myths of Marketing Automation

Audience Survey

Is Your Marketing More Art or Science?

Page 47: Busting the Myths of Marketing Automation

TRUTH: Of course it’s both.

Page 48: Busting the Myths of Marketing Automation

Next Steps

#VocusWebinar

Page 49: Busting the Myths of Marketing Automation

Top Planning Criteria…

• Need to work existing leads. Or generate

new ones?

• Which marketing channels are most

important? Social, email, web, search…

• Power vs Ease of use. Or what is the skill

set of your team?

• Plan for the first 24 months of investment

(software and people)

Page 50: Busting the Myths of Marketing Automation

Thanks for attending!

#VocusWebinar @vocus

Page 51: Busting the Myths of Marketing Automation

The Vocus Family

About VocusVocus is a leading provider of cloud marketing software that helps

businesses reach and influence buyers across social networks, online and

through media. Vocus provides an integrated suite that combines social

marketing, search marketing, email marketing and publicity into a

comprehensive solution to help businesses attract, engage and retain

customers. Vocus software is used by more than 120,000 organizations

worldwide and is available in seven languages. Vocus is based in

Beltsville, MD with offices in North America, Europe and Asia. For further

information, please visit http://www.vocus.com or call (800) 345-5572

PR Suite | Marketing Suite Online News Releases Publicity Email Marketing

@Vocus @PRWeb @Helpareporter @iContact