castelazo content phoenix ama 2014
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Beyond “Content is King” – How Successful Organizations Actually Design and Implement Built-to-Last Content MarketingTRANSCRIPT
Beyond “Content is King” – How Successful Organizations Actually Design and Implement Built-to-Last Content Marketing
AMA Phoenix July Signature Lunch Event
The planExpect to come away with best practices and practical tips that you can use this afternoon to enhance your content marketing program
Agenda:
1.Content marketing – what it is and why it matters
2.How to overcome the 3 most common content marketing challenges
3. Metrics for measuring the effectiveness of your content
4. The B2B IT services company that crafted a narrative, not a whitepaper, and realized a 17500% ROI
castelazocontent.com
About me
Founder & Chief Content Strategist at Castelazo Content
Board member of the American Marketing Association and Business Marketing Association
li: linkedin.com/in/mollycastelazo
About Castelazo ContentWe exist to help our clients sell more. We accomplish that by establishing the client as a thought leader – one who leads prospects through the sales cycle by addressing their problems and needs, questions and concerns. The content we develop includes whitepapers, blogs, bylined articles, videos, infographics, and other content that engages prospects, generates leads, and converts leads into clients.
castelazocontent.com@cmmarketing
castelazocontent.com
CONTENT MARKETING – WHAT IT IS AND WHY IT MATTERS
castelazocontent.com
Your sales machine
An effective sales organization is a machine. But instead of turning raw materials into widgets, it turns prospects into customers.
Within the sales machine, many parts contribute to turning prospects into customers. Content is one of them.
Watch the Prezi at castelazocontent.com/what-we-do/
castelazocontent.com
The sales cycle
Engage prospectsTurn
prospects into leads
Nurture leads
castelazocontent.com
Prospect signs the
deal
Prospect engages a
sales person
Social media
Articles Blogs Videos White papers
Case studies
Use cases
Articles White papers
“Content is King.” (“Queen,” we say.)
castelazocontent.com
“Content is anything that adds value to the reader's life.”
– Avinash Kaushik, Google
Done right, content helps youEngage prospectsGenerate leadsConvert customers
HOW TO OVERCOME THE 3 MOST COMMON CONTENT MARKETING CHALLENGES
castelazocontent.com
Content marketing challenge #1: A burdensome review & approval
process How to overcome the challenge:
1. Organization. And process.
2. Regular communication.
3. Technology (novel idea!)
castelazocontent.com
Content marketing challenge #2: No one can explain what you do
While you need a writer who can understand the language you speak, you also need that person to be able to speak the language your target audience speaks.
Think like a journalist.
castelazocontent.com
Content marketing challenge #3: Not having enough fodder
Some call it drafting, others call it newsjacking, but the principle is that we take a little of your thought leadership and mix it in with a big dose of commentary on whatever everyone else is talking about at the moment.
castelazocontent.com
METRICS FOR MEASURING THE EFFECTIVENESS OF YOUR CONTENT THROUGH THE SALES CYCLE
castelazocontent.com
Measuring engagement
Source MetricsWebsite Unique visitors, average time on site,
average pageviews/visit, referral sources
Blog Unique visitors, average time on blog, average pageviews/visit, referral sources, traffic flow (after exiting blog), blog engagement (commenting, sharing)
Social media Page likes/follows, post likes/shares/comments, click-thrus
Advertising Click-thru rate, cost-per-click or cost-per-impression, referral sources
= total # of prospects engaged
castelazocontent.com
Measuring lead generation
Source MetricsLanding pages Unique visitors, average time on page,
form submissions (and/or other call-to-action responses), referral sources
Webinars # of attendees, referral sources
Events # of attendees, referral sources
Downloadable content # of downloads, referral sources
Call-to-action responses # of responses, referral sources
= total # of leads generated (aka Marketing Qualified Leads or MQLs)
castelazocontent.com
Measuring lead nurturing
Source MetricsWebsite Visits, pageviews, time on site, traffic
flow
Social media Page likes/follows, post likes/shares/comments, click-thrus
Webinars # of attendees
Downloadable content # of downloads
Blog Visits, pageviews, time on blog, traffic flow, blog engagement
Emails Open rate, click-thru rate
Events # of attendees
Phone calls # of sales calls, # of meetings set
= total # of leads nurtured through sales cycle (aka Sales Qualified Leads or SQL)
castelazocontent.com
Measuring ROI
Source MetricsEstimated lifetime value For ongoing engagements, this is
monthly recurring revenue × average length of engagement
Cost of acquisition Cost of all client acquisition-centric sales and marketing activities
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Estimated lifetime value
Cost of acquisition= ROI
THE B2B IT SERVICES COMPANY THAT CRAFTED A NARRATIVE, NOT A WHITEPAPER, AND REALIZED A 17500% ROI
castelazocontent.com
Your buyers are people. And people like stories.
The whitepaper was the most successful that the client had ever published, resulting in:• 20% uptick in prospect
engagement• 5 discovery calls for the sales
team• 2 closed deals
In all, the client saw a return of $1.75 million on the cost of developing and marketing the whitepaper, for an ROI of 17500%. castelazocontent.com
Taking this home
For the majority of the sales cycle, your content is your sales person
Done right, content helps youEngage prospectsGenerate leadsConvert customers
To overcome a burdensome review & approval process: get organized; communicate; and leverage technology
To overcome the “no one knows what we do” challenge, think like a journalist
To overcome the “not enough fodder” challenge, think: drafting
Measure results of engagement, lead generation, and nurturing activities but remember at the end of the day it’s all about:
Finally: Your buyers are people. And people like stories.
castelazocontent.com
Estimated lifetime value
Cost of acquisition= ROI
Any last comments or questions?
Molly Castelazo, Chief Content Strategist
castelazocontent.com
linkedin.com/in/mollycastelazo
@cmmarketing