white paper | crafting more effective campaigns using lead scoring

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Turning Lead Scores Into Effective Campaigns Fresh Data White Paper >>> powered by Data Services, Inc. - - - Nothing allows marketers to keep their finger on the pulse of how customers and prospects are interacting with their brand and messaging more than an effective lead scoring program. With that in mind many still struggle to turn this numerical data specific to individual records into actionable intelligence across their database. This Fresh Data White Paper will provide insights into how marketers can more effectively leverage the data coming from their multi-channel lead scoring programs and turn this intelligence into more data-driven campaigns. The Basics: What is Lead Scoring? At its most basic level, the term ‘lead scoring’ is a methodology used by marketers in order to quantify the level of individual customer/prospect engagement with their brand. This engagement could be any action from opening an email to purchasing a product or attending a webinar, and the quantifiable element, a.k.a. the numerical score, assigned to each can be customized based on the importance placed on that action. Planning a Lead Scoring Program Crafting an effective plan is always of paramount importance when getting started with lead scoring. Here are some basic questions that must be considered: 1) What specific behavioral, transactional and/or other actions should be quantified? 2) How will each of these actions be numerically weighed? 3) Do actions carry different importance for different divisions/groups within the organization? 4) What accumulation of numerical score points should trigger a response or other action? 5) Based on the score, or action that triggered it, how will the response manifest itself? Lead Scoring Implementation 101 The most common, and easiest to manage, type of lead scoring program involves tracking response to an email marketing program. For marketers new to lead scoring, assigning scaled points to email metrics such as opens, clicks and, if possible, subsequent website behavior is a great place to start. In this scenario, an effective lead scoring program can, over time, reveal the most and least engaged segments within your email database. Yielding both your the most ‘sales-ready’ leads as well as those chronic non- responders that either require a different approach or should simply be removed from future programs in order to help improve email deliverability metrics. www.dataservicesinc.com

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Nothing allows marketers to keep their finger on the pulse of how customers and prospects are interacting with their brand and messaging more than an effective lead scoring program. With that in mind many still struggle to turn this numerical data specific to individual records into actionable intelligence across their database. This Fresh Data White Paper from Data Services, Inc. will provide insights into how marketers can more effectively leverage the data coming from their multi-channel lead scoring programs and turn this intelligence into more data-driven campaigns. The Basics: What is Lead Scoring? At its most basic level, the term ‘lead scoring’ is a methodology used by marketers in order to quantify the level of individual customer/prospect engagement with their brand. This engagement could be any action from opening an email to purchasing a product or attending a webinar, and the quantifiable element, a.k.a. the numerical score, assigned to each can be customized based on the importance placed on that action. Planning a Lead Scoring Program Crafting an effective plan is always of paramount importance when getting started with lead scoring. Here are some basic questions that must be considered: 1) What specific behavioral, transactional and/or other actions should be quantified? 2) How will each of these actions be numerically weighed? 3) Do actions carry different importance for different divisions/groups within the organization? 4) What accumulation of numerical score points should trigger a response or other action? 5) Based on the score, or action that triggered it, how will the response manifest itself? Lead Scoring Implementation 101 The most common, and easiest to manage, type of lead scoring program involves tracking response to an email marketing program. For marketers new to lead scoring, assigning scaled points to email metrics such as opens, clicks and, if possible, subsequent website behavior is a great place to start. In this scenario, an effective lead scoring program can, over time, reveal the most and least engaged segments within your email database. Yielding both your the most ‘sales-ready’ leads as well as those chronic non-responders that either require a different approach or should simply be removed from future programs in order to help improve email deliverability metrics. Lead Scoring Implementation 201 For those ready to go beyond basic email scoring, the inclusion of additional metrics into a scoring profile will only expand your ability to reach for that 360 degree view to which all marketers aspire. These additional metrics are going to depend on your business model, but could take things such as website analytics (for those using marketing automation), online display advertising interaction, online transactional history or shopping cart data (for eCommerce retailers), point-of-sale information (for brick-and-mortar retailers), webinar or offline event attendance, online content...

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Page 1: White Paper | Crafting More Effective Campaigns Using Lead Scoring

Turning Lead Scores Into Effective Campaigns Fresh Data White Paper >>>

powered by Data Services, Inc.

- - -

Nothing allows marketers to keep their finger on the pulse of how customers and prospects are

interacting with their brand and messaging more than an effective lead scoring program. With that in

mind many still struggle to turn this numerical data specific to individual records into actionable

intelligence across their database. This Fresh Data White Paper will provide insights into how marketers

can more effectively leverage the data coming from their multi-channel lead scoring programs and turn

this intelligence into more data-driven campaigns.

The Basics: What is Lead Scoring?

At its most basic level, the term ‘lead scoring’ is a methodology used by marketers in order to quantify

the level of individual customer/prospect engagement with their brand. This engagement could be any

action from opening an email to purchasing a product or attending a webinar, and the quantifiable

element, a.k.a. the numerical score, assigned to each can be customized based on the importance

placed on that action.

Planning a Lead Scoring Program

Crafting an effective plan is always of paramount importance when getting started with lead scoring.

Here are some basic questions that must be considered:

1) What specific behavioral, transactional and/or other actions should be quantified?

2) How will each of these actions be numerically weighed?

3) Do actions carry different importance for different divisions/groups within the organization?

4) What accumulation of numerical score points should trigger a response or other action?

5) Based on the score, or action that triggered it, how will the response manifest itself?

Lead Scoring Implementation 101

The most common, and easiest to manage, type of lead scoring program involves tracking response to

an email marketing program. For marketers new to lead scoring, assigning scaled points to email metrics

such as opens, clicks and, if possible, subsequent website behavior is a great place to start. In this

scenario, an effective lead scoring program can, over time, reveal the most and least engaged segments

within your email database. Yielding both your the most ‘sales-ready’ leads as well as those chronic non-

responders that either require a different approach or should simply be removed from future programs

in order to help improve email deliverability metrics.

www.dataservicesinc.com

Page 2: White Paper | Crafting More Effective Campaigns Using Lead Scoring

Lead Scoring Implementation 201

For those ready to go beyond basic email scoring, the inclusion of additional metrics into a scoring

profile will only expand your ability to reach for that 360 degree view to which all marketers aspire.

These additional metrics are going to depend on your business model, but could take things such as

website analytics (for those using marketing automation), online display advertising interaction, online

transactional history or shopping cart data (for eCommerce retailers), point-of-sale information (for

brick-and-mortar retailers), webinar or offline event attendance, online content downloads, direct mail

response, social media interaction, online survey submissions and much more into account.

How Lead Scoring Informs Personalized Communication

Your database is always going to contain records exhibiting varying levels of engagement with your

brand. Over time these records can easily be segmented based on their lead score, allowing marketers

to effectively target these segments with separate campaigns, and delivered content purposed for each.

On a more real-time basis, lead scoring also provides the ability to trigger a response once a certain

numerical score is reached. This could mean an email is sent, the lead is delivered to sales or a more

specific action could be taken based on the behavior that yielded the score. Whatever the specific

action, this methodology facilitates the more personalized communication necessary to get through to

today’s media-overloaded audience.

Advanced Lead Scoring with MarketView

It goes without saying but all of these wonderful benefits are only possible with the right data

management infrastructure in place. That’s where MarketView comes in to supply your organization

with an online Data Management Platform (DMP) capable of tapping into your external data pipeline

and supplying the tools to implement all the aforementioned strategies. MarketView’s Lead Scoring

Module can be fully customized to score leads based on email metrics from the DSIemail platform as

well as data elements (be they email, transactional, behavioral or other) from any integrated ESP, CRM,

Marketing Automation, eCommerce, proprietary and/or other 3rd party platform. MarketView and its

Lead Scoring Module provide brands and marketing agencies with the flexibility to customize scores

unique to each user, department and/or other groups within the organization.

- - -

Contact Your Data Services, Inc. Representative or Call (800) 432-4066 to Learn More

and Schedule an Online MarketView Demo!

www.dataservicesinc.com