"cutting edge online advertising" - dreamforce 2013 breakout
DESCRIPTION
Bizo CEO Russ Glass' presentation from his Dreamforce '13 breakout session, "Cutting Edge Online Advertising."TRANSCRIPT
Always-On Marketing Has Arrived
The Marriage of Marketing Automation and Online Display
& Social Ads
Russ Glass, Bizo, CEO
@glassruss
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@glassruss @bizo
The Buyer’s Journey Has Changed
The business buyer is now in control over where information is
consumed
Buyer’s Journey
of the buyer’s journey is complete before a salesperson is contacted
Start
Buyer Sales Rep
Finish
10% 90%
Source: Forrester
@glassruss @bizo
Prospects Are Spending Increasing Time Online…
Source: “What Americans Do Online: Social Media and Games Dominate Online Activity,” NielsenWire
@glassruss @bizo
…and So Must the Marketer’s Role Change
• The buyer is almost always connected… so always reachable!
• Digital marketers must be fluent…in everything
@glassruss @bizo
The Good News: Massive Digital Marketing Opportunities…
Personalize
message and content to a
specific persona & stage
of the buyer’s journey Nurture & Educate
existing audiences more
powerfully than ever
before Reach
new audiences more
precisely than ever before
Target
visitors with deep insight
to convert leads across
programs
…Imply an exciting new path to success
@glassruss @bizo
The New Path to Success: 4 Predictions
• The Personalized Business Web
• Social Media for B2B is Here to Stay
• Multi-Channel Attribution Will Not Be Optional
• Always On Nurturing will become a reality
This time last year, I talked about…
@glassruss @bizo
Your Marketing Mix Today Your current marketing investments are geared to accomplish two
critical objectives
$ SEO, Paid Search,
Display, Social, Events, etc.
Marketing
Automation /Email Nurturing
Drive large volumes of the right anonymous prospects to your website & landing pages in order to inform and convert them.
Goal #1
Drive known contacts down the funnel and prepare them to buy
Goal #2
@glassruss @bizo
But there’s a problem… The marketing funnel is leaking!
Marketing Automation
/Email Nurturing
$ SEO, Paid Search,
Display, Social, Events, etc.
70K Known Prospects leaking out of the funnel
950 Anonymous people leaking out of the funnel
95% Don’t Convert
80% Don’t Open Emails
For every 1000 people that hit your website…
50 people convert
Nurture Existing Known Contacts
Only 30K contacts reachable
100K existing contacts
@glassruss @bizo
What If Marketers Could Recapture This Value?
What if marketers could significantly increase their
anonymous visitor conversion rates?
What if marketers could unlock the potential
of all their known contacts?
Anonymous Prospects
95% untapped
Known Contacts
80% locked up
@glassruss @bizo
Nurture Prospects Beyond Their Inbox
Fix the leaks!
Unlock the latent value of marketing investments by
making online display and social advertising a core part of
the “always on” nurturing effort
@glassruss @bizo
Sync Marketing Automation + Display & Social Ads
Anonymous Contact Nurturing
Nurture and convert the anonymous
prospects that you’re already tracking in
your marketing automation system
Synchronized Email & Display
Reach and drive down the funnel the 70%+
of prospects in your email nurture program
who never open their emails
@glassruss @bizo
Tie to CRM for True Multi-Channel Attribution
Ad interactions Known and Anonymous
All interactions tracked and stored in CRM,
so true multi channel attribution becomes
easy
@glassruss @bizo
Always-On Impact: Some Results…
• More than 100% more leads resulting from anonymous prospect
targeting
• 64 percent increase in additional conversions from known contacts
• Projected revenue increase of more than 46 percent from key target
audiences
• 233 percent return on investment
Engage Prospects 5x-8x more often then email nurturing alone!
@glassruss @bizo
Enter the “Always-On” Digital Marketer
• Silo campaigns are dead
• Programs will be always on + automated
• Messages will be audience targeted and
coordinated via all channels
• Marketers will measure true attribution back to
the individual prospects in the CRM database
• If its not integrated into the marketing stack
it’s not going to survive
@glassruss @bizo