techtarget and simplivity case study: turning better market visibility into competitive success
TRANSCRIPT
©TechTarget 1
How the Smart Take from the Strong
Andrea BensonVP of Demand Generation & Marketing OperationsSimpliVity Corporation
Jillian CoffinVP & Group Publisher, TechTarget
Tuesday, May 16, 2017
©TechTarget 2
Andrea BensonVice President of Demand Generation
& Marketing OperationsSimpliVity Corporation
Jillian CoffinVice President & Group Publisher
TechTarget
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Marketing and sales leaders face internal and external challenges
Today’s technology landscape is hard and your job is hard
Market Challenges Sales and Marketing Challenges
• Shift to the cloud
• Commoditization
• Data growth
• AI
• Consolidation
• Delivering ROI
• Differentiation & awareness
• In-bound and web visibility
• Prospect identification & ABM
• Pipeline sales conversion
• Nurturing & attribution
• Tracking ROI
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How the Smart Plan and Strategize
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Our story
• Founded in 2009, launched first product in 2012
• $276M in funding to fuel product development, marketing & fast sales growth in 2015
• New market: Hyperconverged infrastructure
• Aggressive hiring across Sales and Marketing
• Early on, marketing was more simplified: event heavy
• Transition from start-up with limited consideration to revenue generating powerhouse
• Delivered 7X increase in consideration of SimpliVityamong in-market hyperconvergence buyers
HCI estimated to be a
$6 billion marketby 2020 (IDC)
1 in 3 enterpriseswill consolidate & replace existing hardware by 2020 (TBR)
The Competition
Market backdrop
Nutanix
Scale
SpringPath
(Cisco)
Maxta
HPE
VMWare
EMC
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Bad News
• Very immature market
o Who is the buyer?
o Daunting task of educating a broad audience
o And need to influence too many different stakeholders across IT (expensive)
• No brand awareness, lack of visibility & low consideration
Good News
• We had a compelling story: Hyperconvergence market getting lots of buzz and growing fast
• SimpliVity solutions offer simplicity, consolidation and align well to broader trend of “Next Gen IT”
• Strong product offering and identified key differentiator (Data Protection)
• VC-funded
SimpliVity State of the Union
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The new reality of BtoB marketing
Sources: Infront, Pardot
Problem
Discovery
RFI/RFP
Process
Need
Identified
• Personalization not realistic
with resources
• Prospects want to talk to
sales later in the process
• Huge pressure on marketing
to be everywhere
78%of B2B buyers turnto Google
90%click on first page organic results
More buyers to reach and more channels to support
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1. Define the market
2. Find and engage relevant IT roles who care about HCI
3. Source the right accounts, the right people, in the right places
4. Messaging and content
5. Support the ambitious growth goals
Five biggest challenges to activate marketing
Sources: Infront, Pardot
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Focus efforts with partners who can make the greatest impact, and who had insight into the Market and our target audience
Expand digital marketing effort beyond events
Take advantage of TechTarget’s search authority in Google
Ramp content marketing to educate and drive demand
Introduce purchase intent data to give SimpliVity an edge
Our strategy for each challenge:
Content, integration and intent data
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Why TechTarget? Benefits to SimpliVity
Purchase IntentSee the facts you need
AudiencesFind the buyers you want
Marketing ActivationGain the outcomes you seek
Market insight
• Intelligence on what prospects do when not engaging with SimpliVity
• New, emerging points of entry for SimpliVity to exploit
• Direction on messaging, content best practices
Focused Reach:
• Access to the right audiences
• Ability to influence across display, content and data
Thought leadership:
• 3rd party platform to influence SimpliVity’s Target Influencers/Buyers
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How the Smart Execute
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#1 established the “four P’s plan”
Building a foundation for success
PeopleMarketing resources and tools
PositioningMarket messaging
ProcessLead to close process
PerformanceTrack performance and ROI
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#2 Identified and prioritized the audiences we needed to influence
Hyper-
converged
Private
Cloud
Apps
Data
Protection
Server
Virt
Remote
Office
Storage
Refresh
Desktop
Virt
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#3 built an always-on integrated plan
Essential elementsWhat does integration really mean?
• Social channels
• Search
• Content development: blogs, articles, webinars, video, whitepapers, etc.
• Research
• Digital advertising: targeting, retargeting
• Native advertising
• Content marketing
• Intent data
• Physical & Virtual Events
• Architecting a marketing strategy that
maps tactics to business needs
• Efficiently surrounding the buyer at all
times across different channels
• Consistently learning, optimizing
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#3 built an always-on integrated plan
Essential elementsWhat does integration really mean?
• Social channels
• Search
• Content development: blogs, articles, webinars, video, whitepapers, etc.
• Research
• Digital advertising: targeting, retargeting
• Native advertising
• Content marketing
• Intent data
• Physical & Virtual Events
• Architecting a marketing strategy that
maps tactics to business needs
• Efficiently surrounding the buyer at all
times across different channels
• Consistently learning, optimizing
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SimpliVity media strategy maps directly to buyer journey
Google Search
Deep content footprint and Search dominance drives active buyers into TechTarget’s network
Content Marketing
Contextual SimpliVitydisplay
Native Branded Content
Priority Engine
Buyer research details tracked across Hyperconvergencemarket provides visibility into purchase intent in key markets for SimpliVity
SimpliVity content
Retargeting to continue influencing as users continue research across web
SearchConvergedInfrastructure
SearchServerVirtualization
SearchCloudComputing
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Account view:
Smart taking from the strong (10/16 – 4/17)
6 members of
buying team influenced via demand generation
9 active prospects
in Priority Engine
Competitor Activity
Editorial Activity
SimpliVity
Priority Engine
Vendor Page views
(Native Site)
April
January 2017
October 2016
October – March 2016
January 2017
December 2016
November 2017
October 2017
October 2017
December 2016
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How the Smart Measure and Track
ROI
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Results by the numbers
Reach & Amplification Consideration Pipeline
• +30% of total pipeline influenced via TechTarget
• Represents 10:1 return on investment
• 700% increase in purchase consideration
• From 3% consideration to 24%
• +14.7M targeted, relevant impressions
• +2X content volume than relying on vendor content alone
• Leads & intelligence on +16K accounts in market for converged IT solutions
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• Embrace the same goal = producing revenue
• Build a plan for success
o Common sense marketing begins with a strong foundation
• Establish right processes
o Don’t re-create the wheel – put pieces together in a meaningful way
• Secure buy-in from all stakeholders
o Sales, Marketing, Channel, Operations
• Execute and optimize
o Tweak as needed to align activities with desired business results
Keys to success “We view TechTarget as a critical ‘must-have’ partner across all aspects of our marketing strategy with demonstrated impact on pipeline and MQL conversions.”
Marianne BudnikSenior Vice President, Chief Marketing Officer SimpliVity
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Questions?
Andrea BensonVice President of Demand Generation & Marketing OperationsSimpliVity Corporation
Jillian CoffinVice President & Group PublisherTechTarget