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The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
The Role of Marketing for Cloud Collaboration and X as a Service (XaaS) Providers
The role of marketing means different things to different people. For some it means the very
intangible concepts branding, positioning and market awareness. For others it means very
concrete deliverables such as sales tools that support the sales process. And for others it
means the leads that drive sales opportunities – pure and simple. Of course, marketing is all of
these things, but what does the role of marketing mean to a cloud & managed services
business? As a Cloud Managed Service Provider (MSP), how do you conduct your own
marketing programs to achieve your specific goals and measure their effectiveness? How can
you be sure that your marketing investments will lead to more sales and the right kind of
sales? In this chapter of the KloudReadiness Playbook, we will present an approach for
building an effective Cloud MSP marketing machine. We will show you how to look at
marketing as a science rather than as an art form. We will literally provide you with a formula
to follow to execute your own marketing campaigns and then give you the metrics to measure
their effectiveness.
D&H Distributing Marketing Resources
The D&H Distributing Marketing Resource Toolkit provides a number of very useful materials to help partners create marketing programs and materials for their Microsoft Cloud Collaboration and Azure XaaS services. These materials provide key differentiators and marketing messages that will successfully position your Microsoft Cloud Collaboration and Azure XaaS services solution against the competition and will showcase its business value to your customers and prospects. For example, you will find some of the important door opening questions to ask during approach calls, a pain points cheat sheet for the sales team, templates for direct mail and email campaigns, and a standard company presentation to use on first sales calls.
Absorb this material carefully and look for ways to incorporate its messaging into all aspects of your marketing machine – from your corporate website to your sales collateral. In the appendix to this Playbook, you will find professionally designed graphical formats that you can use to build your own presentation materials and sales literature based on the D&H Distributing content.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
D&H Distributing also has many excellent white papers that provide thought leadership topics to enhance the credibility of your Microsoft Cloud Collaboration and
Azure XaaS offerings. They can be used as a fulfillment piece or as part of a call-to-action for lead generation campaigns. Other D&H Distributing resources that can be incorporated into marketing programs and materials include a cost comparison between cloud collaboration and on-premise approaches, a matrix that can be used to compare D&H Distributing to competitive solutions and a sales guide with many tips for identifying prospects and target markets. Also look for ways to integrate a product demonstration or a proof of concept into your marketing campaigns. There are many valuable resources like these for your to keep in mind as we discuss a variety lead generation strategies in the pages that follow.
Lead Generation Programs
Leads are the necessary fuel that powers the growth of your Cloud and MSP business. Some
leads will be generated by the suppliers of the products and services you represent, others
through referrals. In order to grow your business consistently, it is going to take more than
these two sources. If you don’t have one already, you need to build an effective marketing
machine to feed your sales reps with new opportunities and drive your business forward. It’s
always a challenge to generate enough leads to feed the appetite of your business . . . but how
many leads are “enough”?
We believe the goal of an effective marketing campaign is to generate as many quality leads
as possible as opposed to a creating a huge quantity of leads with questionable quality, we call
it a “quantity of quality”. When you take into consideration the time and resources you need
to qualify your leads combined with the time and sales productivity wasted in chasing the
wrong leads, your investment in qualifying your leads far exceeds your investment to create
them. One point should be made about execution: your sales force should play a significant
role in the execution of marketing campaigns and should bear equal responsibility for
generating, qualifying leads to fill the pipeline. At the end of the day, driving pipeline activity
must be seen as a shared responsibility.
As outlined in the diagram on the next page, quality leads will maximize conversion rates and produce the most deals. By focusing on a smaller number of highly qualified leads that represent prospects that meet your ideal customer profile and have a need for your solution, you will increase your conversion rates, conserve marketing dollars and increase sales efficiency.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
How will you determine how many leads are enough? The first step is to review the performance of previously executed campaigns as illustrated by the “tracking performance” arrow in the above diagram.
How many leads were generated?
Of the total number of leads generated, how many were qualified leads?
How many qualified leads were converted into sales opportunities
How many of the sales opportunities were actually closed and converted into wins?
Tracking the performance of each of your campaigns is critical to helping you develop a predictable process that will generate the consistent quality and quantity of leads to drive enough sales opportunities into the pipeline to maximize your conversion rates. Performance tracking is also critical to understanding which marketing campaigns give you the best ROI and how often you need to run a campaign. Once you have a baseline of these conversion rates, you can use them for setting targets for future performance. You will have the metrics you need to forecast the lead volume required in the time frame necessary to support a sales process that will meet your revenue goals.
Developing an Effective Lead Generation Campaign
Compelling content is the core of an effective lead generation campaign. Key to building this content are the elements learned in Step #1: Your differentiated value proposition which is
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
based on your core competencies, target market focus, ideal customer profile and the quantifiable business value that you create for these customers.
That is why the very first step in this playbook is to take the time to get this very important content well-defined and truly compelling. As you can see from the diagram on the previous page, so much is dependent upon the strength of your differentiated value proposition. It becomes your “Mantra” and it is reflected everywhere: in your introductory sales pitch, your telephone sales script and your in-person elevator pitch. It forms the basis of your lead gen campaigns and directly influences the conversion rates you will experience in these campaigns. If you have not taken the time to get your marketing message as compelling, differentiated, quantifiable and targeted as possible, then please go back to Step #1 and do so now. The investment of time now will pay back enormous dividends later.
If you follow the proven lead generation methods outlined in this playbook, you will consistently and cost-effectively generate a high volume of quality leads and convert them into new customers to grow your revenue. An effective lead generation campaign is much more of a science than an art form. By “science” we mean the process for building effective campaigns with compelling content aimed at your target audience. By “art” we meant professional looking graphics and design for your presentation materials and marketing literature. We will provide you with both dimensions: the success formula for executing effective lead generation programs and the professional artwork you can use for marketing campaigns and collateral materials.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
What is the best approach for building an effective lead generation campaign? As you can see from the diagram below, lead generation comes in many flavors, some more effective than others, yet campaigns are strengthened when used in conjunction with one another and we’ll describe how to do that.
Below we will examine the pros and cons of the various marketing campaigns and provide some recommendations for using them to generate qualified leads for your Cloud and MSP business.
Direct mail: Direct mail programs involve sending a mailer to a mail list with your offer and CTA incorporated into the mail piece. Mailers can be two-dimensional, taking the form of a postcard or envelope mailer, or they can be three-dimensional and take on a variety of forms – often with outrageous designs to attract attention or increase the perceived value of the mailer. By themselves, direct mail campaigns are fairly ineffective as a lead generation strategy for Cloud MSPs. Response rates are low; typically in the .5% to 2% range and less than a third of those responses will be qualified into actionable sales leads. That’s less than ten leads per thousand mail pieces. Outbound telemarketing can provide effective follow-through for a direct mail campaign and will double or triple your response rate – but this will also double or triple your cost per lead.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
The best way to use direct mail to generate leads in the context of our marketing formula is to use it as an invitation to a webinar, lunch & learn, or a face-to-face (F2F) event and send it to a smaller and more targeted list. F2F events are educational and they allow you and the representatives of your business to engage directly with prospects to communicate the value of your products and services more effectively. Telephone follow-up to a small targeted list is much easier and more cost-effective. Often there are two passes of follow-up calls. In the first call, your telemarketer will ask if the intended receiver of the invitation saw the mailer and registered for the event. The second call is made the day before the event as a reminder for the attendee and as reinforcement for the value of its content.
Email marketing
Lead generation by email is similar to direct mail. Although the material costs are low – there is no printing and postage cost – purchasing a large email list can be expensive. Email addresses are often rented as opposed to purchased and you will only get to keep the addresses of those who respond to your campaign. The response rate for email campaigns is higher than postal mailers, but not by much. While “open rates” are between 12% and 20%, the “click-thru” rates are between 6% and 10% and the actual registrations that take place on your landing page can be under 3%. And this assumes three drops of the same email to your list over a 3-4 week period.
Similar to direct mail, we recommend using email marketing as in invitation for an event, especially a webinar, because the invitation, follow-through and event all take place within the same medium – the web. In this scenario, your follow-through will be an email version of the telemarketing responses outlined above. There should also be a thank-you email after the responder registers and then one or more reminder emails before the event is held.
Outbound telemarketing
This form of lead generation has one of the highest response rates, but it is also one of the most expensive. The hourly cost of telemarketing for technology buyers runs from $30 to $50 per hour and the cost per lead will run from under $100 per unqualified lead to $250 per qualified lead. The issue with telemarketing is the high percentage of marketing leads generated as opposed to actionable sales leads. Think about it… you are contacting someone out-of-the-blue and looking for an opportunity to sell them your service within 30, 60 or 90 days. Chances are, on a good day, you will find a decision-maker who is receptive to your message and attracted to your value proposition. They are unlikely to be in the buyer zone at the moment you make contact and, based on circumstances, might be ready to seriously evaluate your solution sometime during the next 6 to 12 months. This is not necessarily a bad thing, it’s just reality. However, it does call into question the wisdom of telemarketing as an exclusive lead generation approach.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
Use telemarketing as a follow-through strategy for your webinar, lunch & learn, or F2F event preferably with an employee of the company making the calls. It adds the personal touch to your campaign by making direct contact with the people you are inviting and starts the conversation around the issues you are planning to cover in your webinar or lunch & learn. Because your list is small and targeted, the demands on your employee-turned-telemarketer will be low and their style of communication will remain conversational as opposed to scripted.
Webinars
By now you are realizing that we are not fans of big expensive marketing campaigns. We believe in simple and cost-effective lead generation programs that you, the Cloud MSP, can execute yourself. In place of advertising and direct mail campaigns that are long on dollars and short on content, we recommend you invest differently. Invest your time, knowledge and customer experience into preparing content-rich campaigns for targeted groups that will respond promptly and positively to your value proposition. Webinars are one of the best vehicles for getting leads simply and cost-effectively. They allow you to get your message out there, generating awareness for your business and leads for your sales effort. We will take you through the process of building an effective webinar later in this playbook.
Design and deliver excellent content via webinars to reach your target audience. Promote them with email invitations if you have access to a targeted list of addresses. If not, use a direct mail postcard invitation and follow up with outbound telemarketing that ideally is performed by an employee of your company.
Lunch & Learns
Now that we have described the benefits of a targeted and content-rich lead generation program, like a webinar, we can apply the same principles to the Lunch & Learn. A Lunch & Learn adds a twist to the traditional concept of a “ground seminar”. As the name implies, you hold an educational seminar at lunch time and treat your attendees to a casual meal while they learn about the value of your solution. The use of food serves multiple purposes. It’s practical – pretty much everyone needs to eat lunch so it’s easier to get people out of the office for a seminar during a time when they are unscheduled and planning to eat anyway. Also, it makes the event more casual than a formal presentation of a slide deck delivered by a speaker to rows of attendees. And, of course, the food itself is an attraction. Who doesn’t like to eat?
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
It can be more difficult to get attendees to physically attend a Lunch & Learn event rather than the simplicity of logging into a webinar and attending from their desk. So expect fewer attendees. Also, you will spend more money on a Lunch & Learn than a webinar – you will need to cover the cost of the room, AV services and, of course, the meal. However, a Lunch & Learn lets you shake hands and meet people face to face, read their body language, gauge their interest and, in some cases, begin the sales process on the spot. The best Lunch & Learn campaigns are held for an audience that already recognizes your brand. That way, you are part of the reason they’re attending and that will improve the draw. Your current customers would make a prime target. Think about relevant topics for current customers that can result in expansion business with their companies.
Develop a Lunch & Learn series for your current customers with compelling content around issues of importance to them and having expansion business potential. Use the event to reinforce your customer relationships, ensure customer loyalty, solicit feedback on your products and services and foster open customer-to-customer communications. Invite a customer to speak about how they benefitted from your solution.
Internet Inbound Marketing
The online world presents many opportunities for generating leads with Internet Inbound marketing programs. They include search engine optimization (SEO), Pay-Per-Click (PPC) programs, banner advertisements, and pay-per-lead programs offered by information technology portals. SEO and PPC are both effective traffic generators to your website. Properly sized, these programs represent good investments in building your on-line presence and improving your page ranking on prominent search engines. They help you to leverage the tremendous power of online search when your future buyers are in the information gathering stage. But remember, all they do is generate traffic. It’s up to your website to convert these anonymous visitors into registered users.
Like keyword search, banner ads are also traffic generators. However, we are somewhat skeptical of banner ads as a marketing investment for Cloud MSPs. Why? When a potential buyer is entering your keyword as a search term into Google or Bing and they find you (either organically or via PPC), you are competing for their clicks at precisely the moment they are interested in what you do – and it’s on their terms. When you flash a banner ad in front of them, you are competing for their attention while they are visiting a site with another purpose in mind. You’re interrupting them and competing for their clicks on your terms, not theirs. So use banner ads with caution.
Pay-per-lead programs are offered by information portals that are dedicated to a given technology sector and offer whitepapers and other downloadable resources on their site. They aggregate traffic, collect visitor data using a registration form, perform a quick
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
qualification with a follow-up call and then sell the contact information on a pay-per-lead basis. Fees are generally scaled based on the size of the company and prices range from $100 to $200 per lead. At first glance, this seems like a reasonable cost. That’s because they sell the same lead to at least three vendors and all three proceed to hammer the poor unsuspecting prospect with an unsolicited telemarketing call. Furthermore, the effective cost per lead is a much higher number if you eliminate the poor quality leads and spread the total cost over the remaining high quality leads. Do pay-per-lead sites really sell you poor quality leads mixed in with high quality leads? You bet they do. In fact, it would not be surprising to find more low quality leads than high quality leads on any given month.
Start with your website – it must operate as the centerpiece for your Internet marketing strategy. Before you invest a dime in programs that drive additional traffic to your site, make sure that your site is ready to convert that traffic into leads. Otherwise, all you are doing is increasing your hit rate – along with your marketing expenses. Ask yourself if your site provides all of the following elements:
My home page provides a clear and concise description of my value proposition and my solutions to new visitors
The navigation on my site quickly and efficiently guides these visitors to interior pages where they can educate and self-qualify themselves
My site has appropriately placed registration forms where visitors can identify themselves and provide basic qualification data
I have downloadable resources on my site that offer value to my visitors and I provide these in exchange for their contact information
If your site provides all of these elements, then you are ready to invest marketing dollars in driving more traffic volume with the expectation that higher traffic will convert to higher lead volume. Now you will realize the full value of SEO and PPC programs and you can set up appropriate tracking systems to measure their effectiveness.
We do not recommend banner advertising, unless you are convinced that they will be placed on a site where buyers from your target market segment will flock and the cost of these ads will drive traffic in sufficient volume to justify the investment.
We also do not recommend pay-per-lead programs. They are notorious for mixing poor quality leads with high quality leads reducing their yield to the point where they become much more expensive than other lead generation methods. If you need to increase lead volume quickly, don’t resort to online pay-per-lead programs. Instead, invest in a short term telemarketing campaign with a highly targeted list and pay your telemarketing resource on a per lead basis and only for qualified leads.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
Traditional print media advertising is still used by some MSPs as a lead generation method. Increasingly, however, the print world is transforming into an online world as readers consume industry and general business news via online editions. This has significantly reduced the effectiveness of print advertising. Because print publications are issued periodically, lead generation is not continuous like their online counterparts. Also, print editions drive responders to an 800 number – a more cumbersome process that makes it difficult to track response rates and to measure ROI. Online editions, on the other hand, allow readers to simply click-thru to your website at any time to get follow-up information on demand.
Radio advertising is a medium that is occasionally used for promoting an Cloud MSP business, but it is almost impossible to create a tracking mechanism for measuring and evaluating the effectiveness of radio advertising as a lead generation program. If you like to hear the name of your company on the radio, then give it a try. If, however, you want a predictable and measurable program for generating qualified leads, then leave radio to the DJs and talk show hosts.
Avoid print media and radio advertising as your primary lead generation investment. They require frequency and repetition to be effective and that means dollars out the door for campaigns that are not as measurable as other lead-generation strategies.
Bottom line: Based on our experience, we feel webinars and seminars present the best opportunity for you to reach your target audience for a number of reasons.
Webinars are cost effective and they allow you to:
Generate awareness for your company
Target a specific vertical
Customize your content to address the pain points of your audience
Capture leads through registration
Build a prospecting database
The next step is to build a lead generation campaign using the Cloud and MSP Marketing formula.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
Let’s discuss the science first; we will cover the art later. Our formula for a successful Cloud MSP marketing campaign is a fairly basic concept - but be forewarned - if you leave out any of its elements, your marketing campaign will suffer and its results will be diminished. We will provide you with step-by-step instructions to ensure that you cover all of the bases. Let’s get started by defining the KloudReadiness Marketing Formula:
These four elements are your keys to a successful lead generation campaign that will result in
qualified leads for your Cloud MSP business. The successful execution of each of these
elements is critical to the overall success of the campaign. Please do not take short cuts as it
will adversely affect campaign results. Excellent preparation will lead to excellent results every
time. In the paragraphs that follow, we will break down this formula and provide you with a
detailed description for each of these elements. We will also provide some examples
describing how to implement each element with real marketing campaigns that will generate
high quality leads.
The First Marketing Element - Targeted Promotion
The most effective marketing campaigns are targeted – meaning the marketing message is
tuned for a specific customer segment. Why? Think about your past experiences with lead
generation campaigns and the answer will make perfect sense. It’s really a question of quality
over quantity. When a marketing campaign is based solely on volume, the message of the
campaign is broadly communicated to a diverse audience. The message is generalized so it
appeals to everyone and does not exclude any particular segment of the audience. The
problem with this approach is that generic messages are diluted messages and diluted
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
The final step in the process of creating compelling content is to formulate your marketing message as a promotional offer. As the name implies, an offer is simply the pitch you are making to your audience via your marketing campaign. Your offer should reflect the elements of your marketing message as defined in steps 1-4 while presenting the reader/viewer/listener with an opportunity to take advantage of your webinar, lunch & learn, white paper, free trial period, no-obligation evaluation, limited-time discount, trade-in, rebate or other promotion designed to get them to take action. How they take action should be very clear and very easy. This will become your “call-to-action” and is covered in the next section.
But first, following is an example of a targeted promotion that invites your audience to a
webinar that will address a top concern of theirs with compelling content specific to their
industry describing how they can reduce expenses by 50% or more. You’ll notice that
there are bullets that describe exactly what they will learn by attending and a promise to
describe how you have done this for companies similar to theirs. The webinar is free, they
can attend from their desk during their lunch hour and by attending they will qualify to an
iPad.
Here is an example of a webinar invitation that highlights business content:
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
This sample marketing message incorporates the five steps for building compelling content
and demonstrates the first two elements of the KloudReadiness Marketing Formula. It is a
targeted promotion aimed at your most fertile market segment using compelling content that
identifies a top concern of potential buyers and an offer to cure that pain with a solution that
has tangible benefits.
To recap. . .compelling content is critical to an effective lead generation campaign. Follow the five guidelines outlined above to ensure that your message resonates with your audience:
1. Identify the top concerns of your target audience
2. Identify the top benefits of your cloud service
3. Match your benefits to your customer concerns
4. Provide tangible evidence of your benefits
5. Formulate your message as an offer
Is this difficult? We don’t think so. However, you would be amazed to learn how few lead generation campaigns follow these simple, yet powerful principles. But we are not done yet. We still have two more very important elements of the marketing formula to cover. So let’s complete the full explanation of the formula and then put it into practice with some easy-to-implement lead generation campaigns.
Call-To-Action
The third element of the marketing formula is your call-to-action, or CTA. The CTA is important
because the most critical objective of your lead generation campaign is to get the
reader/viewer/listener to take action. You must make it abundantly clear how the responder
can take advantage of your offer and then provide an incentive for him or her to do so
immediately. In the example of compelling content provided above, our CTA was to register
for a content-rich webinar combined with an incentive – a chance to win an Apple iPad from a
drawing to be held during the event. There are many possibilities for an effective CTA. Here
are just a few suggestions:
Register for an webinar
Register for a lunch & learn
Download a free white paper
Perform your own on-line ROI analysis
Request a free consultation or assessment
Build your own configuration and quotation
Offer a free-trial period or a product demonstration
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
Every campaign you execute will require a consistent lead qualification process to convert campaign responses into qualified leads. Next we will describe a consistent lead qualification process you can use to maximize their conversion into sales opportunities for your pipeline.
The Lead Qualification Process
After you create a lead generation program with appropriate follow-through you will begin to
generate responses from your campaign that must be qualified. It is important that lead
qualification becomes a process that is applied consistently and categorizes your leads
accurately. Leads must be sorted into buckets as either high quality actionable sales leads or
as marketing leads that will become potential future sales leads after a lead nurturing
program. Otherwise they should be disqualified and not pursued any further.
KloudReadiness has developed a formula for qualifying your leads and it employs a rating
system based on our Qualifiers That Matter for measuring lead quality. If you apply this rating
system to the leads generated by your campaign, then you will know exactly how many
qualified leads were produced and which qualified leads you should pursue first. Another
benefit of using the 5 qualifiers is to remind your sales people to ask the right questions and to
think objectively about the viability of winning business from their sales prospects. This
qualification process is exactly that. . .a process. You can’t ask five questions and then be
done. You must constantly probe for new insights into each of the 5 qualifiers throughout the
sales cycle. With that in mind, following are the 5 qualifiers that matter used in the
KloudReadiness lead qualification process.
Qualifier #1: Cloud and Managed Services Appetite or “Pain Level”
The first thing you will want to determine is your prospect’s appetite for cloud and managed
services. No matter what form of managed services you offer, there is a fundamental value
that you provide to small and mid-sized companies: the value of managed cloud services -
your prospect will either recognize this value or not.
How much pain your prospect is experiencing? If they are not feeling pain, then they will not
be motivated to make a change. Pain comes in many forms so you, or your rep, will have to do
some detective work to identify it. The prospect may be feeling the pain of an IT environment
that is out of control with lots of user complaints, system downtime, slow network
performance or poor integration between applications. Another form of pain might be
spiraling hardware and software costs or the number of technical employees needed to
support them. These costs might be in the form of capital expenses to acquire new technology
or operating expenses to keep everything running. Still another source of pain might be the
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
As outlined earlier, we feel webinars provide the best vehicle for generating high quality leads as well as awareness for your company. Webinars are effective, practical and professional. They give you an excellent opportunity to target a specific market segment and tailor your value proposition to address the pain points of that audience. You control the messaging and the speaker (preferably a member of your team) can establish a personal connection with the audience during the session. The campaign is cost effective, repeatable and can also be repurposed for ground seminars, events and sales meetings.
Let’s take a closer look at six steps to effectively executing the perfect prospecting webinar.
1. Determine your target audience (Target market and ideal customer profile)
2. Create compelling content (Top concerns, their solutions and business value)
3. Develop a call-to-action (Attendees take action and sales reps follow-through)
4. Promote your webinar (Build your webinar audience within budget)
5. Ensure professional execution (Great preparation deserves great execution)
6. Measure effectiveness (Follow a process of feedback, assessment and fine tuning)
Determine Your Target Audience
You’ve identified the profile of your ideal customer and their industry segments in Step #1. . .this is your target market and this is your webinar audience. For your webinar, you need to decide if you want to focus on one of those industry segments or take a more horizontal approach. Once you’ve determined your target audience, you need to identify sources for audience development.
Audience development - finding attendees for your webinar. . .sources to consider include: trade associations, industry conferences, various list rental companies, customer referrals and your in-house marketing and sales database. If you’re announcing a new product or an enhancement to your current offering, you may also want to include existing customers.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
This is one of the most critical components of your campaign! Your messaging has to address the top concerns of your audience and very clearly and concisely articulate (1) how your solution can relieve the pain associated with their top concerns and (2) the business value and benefits that will be realized with proof points like customer quotes, ROI analysis, product demonstration.
Develop a Call-To-Action
The primary objective of your webinar is to generate leads so you have to give your audience a reason to take action. The goal is to get them to register for the webinar. Whether you’re offering a white paper, free evaluation, ROI analysis or a demo, the registration process gives you an opportunity to collect some additional information from your audience that will enable you to better qualify your leads later and will give your team a reason to follow-up. If you offer a financial incentive like a free trial, rebate, competitive upgrade or trade-in, make sure you specify a time limit for the offer to encourage them to take advantage of the offer ASAP.
Promote Your Webinar
In step 1, you’ve identified sources for audience development. Now you need to reach out to those sources to purchase lists for an email campaign. Remember, lists should include your in-house database as well as existing customers, if you’re announcing a new product, upgrade, etc. Your invitation should highlight what the attendees will learn by attending and offer them an incentive to encourage them to register when they receive the invitation. For example. . .register for this webinar and qualify to win an iPad. Don’t rely on email alone to promote your webinar. You’ll generate additional attendance as well as awareness for your company if you issue a press release, post notices on your company blog and social media sites like Twitter, Facebook and LinkedIn.
Whether you’re using your web site or an outside resource to capture registration information, this gives you another opportunity to capture information on your audience because when you rent lists, information is limited. However, limit the number of questions as your goal is to encourage them to attend so you need to make it easy for them to do that. Follow-up with a reminder to all registrants on the day of the event. If you have the in-house resources (or budget for an outside firm), a telemarketing campaign executed in conjunction with this event will increase attendance. . .although you may have to conduct some research to find phone numbers if you haven’t captured them during registration as they are not included in your list rental. If the list resource does have numbers, there will be an additional charge up front to rent the list. You’ll need to take this into consideration when budgeting, along with any agency fee to design the invitation as well as the PR agency’s fee to distribute your release over the wire.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
This is the first time many of your attendees will be introduced to your company and first impressions are extremely important. Your speaker is a reflection of your company; the messaging needs to be crisp and compelling and the delivery engaging and professional to capture and hold the attendees’ attention. Attendees are all busy and they have dedicated one hour out of their day to listen to what your company has to offer and how you may be able to help them increase productivity, lower costs, streamline their infrastructure, etc. It is up to you to capitalize on this opportunity. If you have a customer willing to present, that adds another dimension. If not, include customer and/or analyst quotes throughout your presentation to provide validation of your messaging. . .and always allow time for questions. Questions from the audience will not only give you another opportunity to elaborate on the features of your offering, but it will also enable your team to further qualify the prospect.
Use a conferencing platform with quality audio/video, recording features as well as the ability to conduct a survey following your webinar. And, practice, practice, practice! Conduct an in-house dry run using the same platform that you will be using the day of the event. . .and pay attention to the time to ensure that you are able to deliver your message and still have time to take questions from the audience. Lastly, record and post the webinar on your web site. To capture additional leads, set up a registration page for visitors to your web site to register and view the webinar on-demand.
Measure Effectiveness
As we’ve outlined previously, we can’t emphasize enough the importance of measuring the effectiveness and overall success of each of your marketing campaigns. First, review the answers that attendees provided in your follow-up survey as you can use this information when assigning a rating. Using the same “tracking response” described earlier, your “response rate” would be the number of people that registered to attend your webinar. The people that actually attended the webinar would be considered “qualified”, but would also fall into two groups: “qualified” and “highly qualified” depending on the information captured during the event or in the surveys following the event. Qualified leads that developed into sales opportunities would fall into your “conversion rate” and sales opportunities that close would fall into your “win rate”. So, your rating system for a webinar could be:
• A – Leads: this would include the prospects that you classified as “highly qualified”. Remember, you broke your “qualified” rating into two groups: “highly qualified” and “qualified”. The “qualified” leads will be considered “B-Leads” and described below. Prospects in the “highly qualified” A-Lead group require immediate follow-up. An inside sales person should call and try to schedule a sales
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
appointment. Set up a “tickler” system as it may take several calls combined with email outreach to connect with the prospect.
• B – Leads: prospects that registered and attended the webinar but for whom you did not have enough information to rate them “highly qualified”. The fact that they took the time to attend gives them a qualified rating. Hopefully, you were able to capture a phone number so you can follow-up to determine if they become a marketing lead or a “highly qualified” lead. If not, reach out to them via email. If you connect and there’s a match, try to schedule a sales appointment. If you do not connect, set up a similar tickler system to send them additional information to encourage them to make contact with you. Until you are able to further qualify them, they will remain a marketing lead that should be nurtured.
• C – Leads: prospects that registered, but did not attend the webinar. Follow up via email to determine if there was a conflict, include a link to the recorded version of the webinar, and try to determine if they are still interested. Depending on the answer, the prospect will either become a “marketing lead” which you will continue to nurture, a “qualified lead” which will require sales follow-up or a “disqualified” lead which can be discarded.
Your close rate is the number of sales opportunities that were converted into wins … congratulations!
Summary and Next Steps
Remember … webinars are most effective as a series, not as a one-shot deal. You should use them to continue to nurture your marketing leads and to try to move your qualified leads to sales opportunities. Focus on additional “pain points” that may not have been covered previously; use them to promote a new product or offering.
Webinars have proven to be effective and should be run as a cornerstone of your lead generation plan. If your message is compelling and your execution is solid, then your webinar program will be successful. And a successful webinar offer multiple uses. As previously mentioned, it can be used to generate additional leads and awareness as an on-demand webinar off your web site. It is important to ensure that every sales rep is comfortable delivering the messaging because this will enable them to
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
deliver their own regional webinars either for multiple prospects or to multiple employees at a specific company to advance the sales cycle.
Webinar Template … getting started
You’ve decided to conduct your first webinar. To assist you in “creating compelling content” for this webinar, we have designed a presentation template to guide you through the process. The template captures the guidelines that we have described in this chapter and will use the information that you’ve compiled to create the messaging … i.e., your value proposition and how your solution relieves the pain associated with your audience’s top concerns. . .as well as the business value that will be realized by purchasing your solution. . .validated by proof points like customer and analyst quotes. You’ll notice that throughout the template, we have included post-it notes to prompt you as you create your content.
This slide will be visible when attendees join the session. Make sure it captures the essence of your topic.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
On this slide, you need to emphasize the business value of your solution, backed up with proof points powerful enough that they will want to take the next step.
The purpose of this slide is to summarize what you’ve told them and address any questions they may have. . .as this will help you to further qualify attendees.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
People tend to be influenced by people they can relate to. . .and your existing customers can provide the validation that prospects need to justify investing additional time to further explore your offering.
Give them a reason to take action and a limited time in which to take that action. This process will also give you a reason to re-engage and further qualify your prospects.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
Don’t forget to thank them for attending and also let them know how they can find additional information on your company and your solution, as well as how to connect with your sales team.
D&H Distributing Standard Company Presentation
D&H Distributing has created a standard presentation for its partners available in the company’s Marketing Resource Toolkit. It contains guidelines for how to prepare an overview presentation for an initial customer meeting.
We have taken the bullets from this presentation template and incorporated them into a graphically enhanced format that you can use as your own branded template. You can find this enhanced template in the appendix.
D&H Distributing Cloud Migration Strategy
In addition to the Perfect Webinar Presentation and the Standard Company Overview described above, KloudReadiness has created a Cloud Migration Strategy presentation for use by D&H Distributing partners. This presentation can be used whenever a sales prospect or existing customer expresses a desire to learn more about cloud computing and the role that Microsoft Cloud Collaboration and Azure XaaS plays in a migration to the cloud. The presentation can also be used as a webinar to educate suspects and prospects in your target market about cloud computing. The strategy positions Microsoft Cloud Collaboration and Azure XaaS as the first step in a migration from traditional on-premise computing based on physical IT infrastructure to cloud-based computing based on virtual, cloud-based IT resources.
The Cloud Services Playbook Step 3: Build an Effective Marketing Machine
The following pages contain the slide materials and a recommended script for each of the slides. You can modify the slides or the narrative to reflect your managed cloud service.