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Do the Maths: How data is replacing creativity as the core Marketing discipline
35

Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

May 13, 2015

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Business

Richard’s presentation will look at how data is fast becoming the number one priority in marketing, replacing creative. He will examine what is driving this migration, and look at the core metrics that marketers need to follow to ensure the effectiveness of their activity and the success of their brand. The presentation will also examine how brands manage this migration, in terms of skills and focus, and look at the role of technology to enable this.
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Page 1: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Do the Maths:How data is replacing creativity as

the core Marketing discipline

Page 2: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

The dialogue has changed...

Page 3: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

From Push...

Direct Mail, Bulk Email, Radio, TV,...

Page 4: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

...to Pull...

Search, PPC, Blogs

Page 5: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

...to Engagement and Sharing

Social, Conversations, Participation, User Feedback

Page 6: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Buyer Behavior has Changed

Page 7: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

B2B buyer decision cycleSatisfaction

Acknowledgment

Decision

Criteria

Selection

Investigation

Reconsideration

MeasurementSource: R. Jolles

Page 8: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Emerging buying cycle gap ...Satisfaction

5%

Acknowledgment79%

Decision

Criteria

Selection

Investigation

Reconsideration

MeasurementSource: R. Jolles

Page 9: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Emerging buying cycle gap ...Satisfaction

Acknowledgment

Decision

Criteria

Selection2%

Investigation2-3%

Reconsideration

MeasurementSource: R. Jolles

Page 10: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Emerging buying cycle gap ...Satisfaction

Acknowledgment

Decision

Criteria

Selection2%

Investigation2-3%

Reconsideration

MeasurementSource: R. Jolles

problem

Page 11: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Emerging buying cycle gap ...Satisfaction

Acknowledgment

Decision

Criteria

Selection2%

Investigation2-3%

Reconsideration

MeasurementSource: R. Jolles

problem

problem

Page 12: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Emerging buying cycle gap ...Satisfaction

Acknowledgment

Decision

Criteria

Selection

Investigation

Reconsideration

MeasurementSource: R. Jolles

the opportunity

Page 13: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Our response…

Page 14: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Email Is Still the B2B Tool of Choice

• 89% of B2B marketers use email.

• Email is the number-one outbound B2B marketing tactic used today.

Source: Forrester Marketing Forum 2010 presentation

Page 15: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

By 2014…

9,000 email marketing messages a year.

…750 a month

…25 each day

Page 16: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Our “creative” response…

Page 17: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Use personalisation in the subject line

Include the brand name in the subject line

Send the email from an individual

Send the email from the company’s name

Send the message on Monday, Tuesday, Wednesday, Thursday, Friday.

Always send the message on the weekend; in the morning; in the afternoon.

Use arrows >> in your call to action

Logos should be in the top left. Always. Except when they don’t perform well. Then they shouldn’t.

Page 18: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Creative

• Format

Page 19: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Creative

• Format

FOLD

X

X

X

X

X

X

X

Page 20: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

DATA Is the Key to Dialogue

010101010101010101010

Page 21: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Data in 3 forms•W

hat we learn by listening

Inferred

•What we learn by monitoring

Implicit

•What we learn by asking

Explicit

Page 22: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Inferred Customer DataWhat we learn by listening

Page 23: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Monitoring blogs, social networks and customer communities

Page 24: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

39% of B2B marketers monitor social networks

28% of B2B marketers monitor blogs

Page 25: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Implicit or Behavioral DataWhat we learn by measuring

Page 26: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Email measurements

Opens Clicks Conversions

Page 27: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Website measurements

Pages visited

Items downloade

d

Non-conversion

s

Page 28: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Explicit Customer DataWhat we learn by asking

Page 29: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Web forms

Surveys

Registration

pages

Page 30: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Implicit -> Every message -> Every interaction

Inferred – General Sentiment, Tone, and Market Needs

Time

Explicit

Explicit

Page 31: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Data

Creative

Effective Dialogue

Page 32: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

The Components of Marketing Automation

Web Integration& Lead Capture

Outbound/Email Execution

program (Nurture)Automation

Lead Scoring& Management

Sales Tools/CRM Integration

ROI Reporting& Analytics

CentralizedMarketingDatabase

Page 33: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

A recap…

Page 34: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

A quick synopsis• Marketing has fundamentally changed.• [Much of] the power and control is clearly in the hands

of our customers.• Email is alive and well, but it runs the risk of continued

harm to itself if it doesn’t evolve in its practices and its integration with other channels.

• Effectively leveraging the data we have is the key to that evolution, and to continued ROI.

• We must also evolve the content we deliver across all channels to match the needs, demands and timing of the buyer.

• Once evolved, integration between inbound and outbound channels is a must.

Page 35: Do the Maths – Why Numbers have replaced Creativity as the Core Marketing Discipline

Thank you!

@rlevans & @Silverpopwww.slideshare.com/silverpop

www.silverpop.com