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Digital Nurture Programs, Lead Generation,
and Social Media
Bryan Ehrenfreund
Vice President of Digital Strategies
February 15, 2012
Agenda
1. Changing State of Marketing (“ZMOT”)
2. Fundamental Concepts of Inbound Marketing
& B2B Lead Nurturing
3. Lead Scoring: When & How to Incorporate the
Human Touch
4. Social Media at Every Stage of the Revenue
Cycle
5. Insource or Outsource Your Digital Nurture
Program? (“Build vs. Buy”)
© 2012 Televerde, LLC
Televerde
Televerde is the leading B2B
provider of sales pipeline
development solutions that
drive increased revenue for our
clients by integrating contact
data, marketing automation and
world-class teleservices.

© 2012 Televerde, LLC
The World Has Changed

Pew Research Center, May 2010

© 2012 Televerde, LLC
Traditional Marketing Is in Decline
Consumers are in the driver’s
seat

© 2012 Televerde, LLC
Inbound Marketing

© 2012 Televerde, LLC
The Zero Moment of Truth
Research
Learn About Options
Comparison Shop
Read Reviews
Get Advice

© 2012 Televerde, LLC
How Do People Search

Realize a Need

Investigate Options

© 2012 Televerde, LLC
Ask People We Trust

Ask Someone They Trust

© 2012 Televerde, LLC
What is Inbound Marketing?
Inbound Marketing is a marketing strategy that
focuses on getting found by customers or clients
Inbound Marketing is the practice of bringing warm,
qualified leads into your sales funnel rather than
reaching outward to cold, questionable targets
Inbound marketing turns the old marketing model on
its head. It’s web-based, smart, cost-effective and
results driven.
Inbound marketing is always on and always working
because of the prevalence of mobile devices

© 2012 Televerde, LLC
Mobile is Exploding
As many as 35% of searches are mobile
now
B2B clients have experienced 300%
growth in mobile traffic year over year
SEO Mobile Website optimization implement a browser detect and a
mobile version of your content
Mobile optimize your most important
content – get there first
Submit a mobile sitemap
Implement and test mobile campaigns
– competition is low but growing fast
Tie with local content
© 2012 Televerde, LLC

Mobile Apps
Surpass
Daily Web Use
June 2011:
81 minutes for mobile
apps compared to 74
minutes for the web
Inbound is Preferred for B2B

Marketing Sherpa, October 2010

© 2012 Televerde, LLC
Why Inbound Leads Matter
Inbound leads: highest conversion rates
to qualified opportunities
Inbound leads:
educate
themselves
beforehand
Companies now
“get found”

© 2012 Televerde, LLC
Inbound Marketing: The Source of Most Inquires
SiriusPerspective: The reality is that prospects find you when they’re
ready; effective inbound marketing makes you easier to find.
100%
90%
80%
70%

55%

58%

71%

60%

Web

50%

Direct Mail
40%

19%

30%

Email
Events

21%
14%

20%

11%

10%

15%

12%

6%
9%

2009

2010

2015

9%

0%

© 2012 Televerde, LLC

Source: SiriusDecisions
Buying has Changed Forever
OLD DAYS: INFO SCARCITY
1960’S - Recent

TODAY: INFO ABUNDANCE

BUYER

SALES REP

SALES REP

© 2012 Televerde, LLC
The Evolution of B2B Marketing
Before search engines:
Branding, mass
advertising, tradeshows
After search engines:
Lead management,
scoring, and nurturing
Arrival of social media:
SEO, content marketing

© 2012 Televerde, LLC
© 2012 Televerde, LLC

Sales
Lead

Lead

Lead
Development
Gap

Prospect &
Recycled

Engaged

All Names

The Leaky Revenue Cycle

MQL
SAL

Opportunity

SQL
Lead Nurturing Plugs the Leak
Building relationships with qualified prospects
regardless of their timing to buy, with the goal
of earning their business when they are ready.

Lead
Nurturing

Sales
Lead

SAL

Lead

Prospect &
Recycled

Engaged

All Names

MQL
SQL

Opportunity

“The art of maintaining permission to
stay in front of your buyers as they
educate themselves”
© 2012 Televerde, LLC
The Value of Lead Nurturing
Lead Nurturing helps turn more inquiries into qualified
leads and decreases cost per qualified lead
Fast Leads
(MQL <1 mo)

Slow Leads
(MQL >1 mo)

Total Leads
(MQL)

Cost/Lead
(MQL)

Without
Nurturing

20%

6.67%

26.67%

$206.00

With
Nurturing

20%

20.0%

40.0%

137.50

3X!
Results: 50% more marketing qualified leads from lead nurturing
Source: Marketo Nov. 2011; assumes $55/prospect
© 2012 Televerde, LLC
Lead Nurturing Relevance
1. BUYING STAGES
Stages

1

2

3

A

DON’T PANIC!

B

C

1.
2.
3.

Early (Pre-MQL)
Mid (MQL)
Late (Opportunity)
Customer

Short content is good! (YouTube Approach)
Reuse and repurpose
Stay ahead of the drip
Start small, think big and adapt quickly

D

2. BUYING PROFILES
•
•
•
•

•
•
•
•

Industry: 82%
Role: 67%
Company Size: 49%
Geography: 29%
© 2012 Televerde, LLC
When to Call?
•
•
•
•

Early stage content +3
Attend webinar: +5
Visit any webpage / blog : +1
Visit careers pages: -10

• Pricing pages:
• +10 regular, +15 detailed
• Watch demos:
• +5 overview, +10 detailed
• Mid-stage content +8
• Late-stage content +12
• Searches for “Your Company Name” +8
© 2012 Televerde, LLC
When To Call?

9-20

Target

2-8

Fit

21+

SuperTarget

Other

Lead

Lead

Lead

Lead

Lead
Lead

Interest

<2

Engagement

<20

20-44

45-89

90+

Buying Intent

<6

6-14

13-23

24+

© 2012 Televerde, LLC
Types of Lead Nurturing
1. Seed Nurturing: Developing relationships with early-stage
prospects before they enter your database
2. Pre-MQL Nurturing: Building and maintaining relationships
with known prospects as they educate themselves
3. Customer Nurturing: Deepening and expanding relationships
with existing customers

4. Accelerator Nurturing: Move prospects along the buying
cycle faster with relevant “nudges” triggered by specific
behaviors
5. Recycled Nurturing: Discontinued or disqualified
6. Reconstituted Nurturing: AKA “Wake the Dead”
© 2012 Televerde, LLC
Seed Nurturing & Social Media

Nurturing today

Nurturing tomorrow

Make valuable content freely available
Create a reputation that builds credibility
and trust
© 2012 Televerde, LLC
Lead Nurturing & Social Media
Listen

Segment & Target

Notify & Score

Interact

© 2012 Televerde, LLC
Customer Nurturing & Social Media
Reaffirm purchases after
the decision is made

Deepen relationships,
create personal
connections
Discover new needs and
requirements
Manage customer
satisfaction and retention
© 2012 Televerde, LLC
Insource or Outsource?
Considerations:
Competencies, Process, Investment & Control
Insource:
How important is control vs. outcomes?
Mind the budget – TCO of competencies is expensive
Resources available?
Be prepared to build and sustain training, process and management

Outsource:
Control is still possible with checks and balances
Outsource to complement not replace
Benefits = fast ramp, scale, established skills, economics
Training and process is repeatable, sustainable, predictable
Tele-nurture is a specialty

Outcomes should outweigh control!
© 2012 Televerde, LLC
Agency Considerations
Selecting, Hiring, Managing
What competencies do you need them to complement?
Does the agency have these competencies?
Inquire about other clients and peer referrals

Inquire about best practices and see work samples
(scoring models, emails, reports, metrics, etc.)
Discuss process integration

Compare costs and value (ROI is more than $$$)

© 2012 Televerde, LLC
Key Takeaways
1. Buying has changed forever; marketing and
sales must change as well –
“The Zero Moment of Truth”
2. 80% of qualified prospects are not ready to
buy when you first meet them
3. Nurturing plugs the lead development gap
but needs to be relevant – otherwise
prospects will opt-out or emotionally optout
4. Human touch validates, corrects &
accelerates the digital nurture process
5. Outsourcing bridges the knowledge & skills
gap accelerating your revenue cycle
success
© 2012 Televerde, LLC
Contact Bryan…
Bryan Ehrenfreund
VP of Digital Strategies
bryan.ehrenfreund@televede.com
Direct: +1 480.303.7078
Twitter: @ehrenfreund

www.televerde.com
blog.televerde.com

© 2012 Televerde, LLC

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Digital nurture programs lead gen & social media

  • 1. Digital Nurture Programs, Lead Generation, and Social Media Bryan Ehrenfreund Vice President of Digital Strategies February 15, 2012
  • 2. Agenda 1. Changing State of Marketing (“ZMOT”) 2. Fundamental Concepts of Inbound Marketing & B2B Lead Nurturing 3. Lead Scoring: When & How to Incorporate the Human Touch 4. Social Media at Every Stage of the Revenue Cycle 5. Insource or Outsource Your Digital Nurture Program? (“Build vs. Buy”) © 2012 Televerde, LLC
  • 3. Televerde Televerde is the leading B2B provider of sales pipeline development solutions that drive increased revenue for our clients by integrating contact data, marketing automation and world-class teleservices. © 2012 Televerde, LLC
  • 4. The World Has Changed Pew Research Center, May 2010 © 2012 Televerde, LLC
  • 5. Traditional Marketing Is in Decline Consumers are in the driver’s seat © 2012 Televerde, LLC
  • 6. Inbound Marketing © 2012 Televerde, LLC
  • 7. The Zero Moment of Truth Research Learn About Options Comparison Shop Read Reviews Get Advice © 2012 Televerde, LLC
  • 8. How Do People Search Realize a Need Investigate Options © 2012 Televerde, LLC
  • 9. Ask People We Trust Ask Someone They Trust © 2012 Televerde, LLC
  • 10. What is Inbound Marketing? Inbound Marketing is a marketing strategy that focuses on getting found by customers or clients Inbound Marketing is the practice of bringing warm, qualified leads into your sales funnel rather than reaching outward to cold, questionable targets Inbound marketing turns the old marketing model on its head. It’s web-based, smart, cost-effective and results driven. Inbound marketing is always on and always working because of the prevalence of mobile devices © 2012 Televerde, LLC
  • 11. Mobile is Exploding As many as 35% of searches are mobile now B2B clients have experienced 300% growth in mobile traffic year over year SEO Mobile Website optimization implement a browser detect and a mobile version of your content Mobile optimize your most important content – get there first Submit a mobile sitemap Implement and test mobile campaigns – competition is low but growing fast Tie with local content © 2012 Televerde, LLC Mobile Apps Surpass Daily Web Use June 2011: 81 minutes for mobile apps compared to 74 minutes for the web
  • 12. Inbound is Preferred for B2B Marketing Sherpa, October 2010 © 2012 Televerde, LLC
  • 13. Why Inbound Leads Matter Inbound leads: highest conversion rates to qualified opportunities Inbound leads: educate themselves beforehand Companies now “get found” © 2012 Televerde, LLC
  • 14. Inbound Marketing: The Source of Most Inquires SiriusPerspective: The reality is that prospects find you when they’re ready; effective inbound marketing makes you easier to find. 100% 90% 80% 70% 55% 58% 71% 60% Web 50% Direct Mail 40% 19% 30% Email Events 21% 14% 20% 11% 10% 15% 12% 6% 9% 2009 2010 2015 9% 0% © 2012 Televerde, LLC Source: SiriusDecisions
  • 15. Buying has Changed Forever OLD DAYS: INFO SCARCITY 1960’S - Recent TODAY: INFO ABUNDANCE BUYER SALES REP SALES REP © 2012 Televerde, LLC
  • 16. The Evolution of B2B Marketing Before search engines: Branding, mass advertising, tradeshows After search engines: Lead management, scoring, and nurturing Arrival of social media: SEO, content marketing © 2012 Televerde, LLC
  • 17. © 2012 Televerde, LLC Sales Lead Lead Lead Development Gap Prospect & Recycled Engaged All Names The Leaky Revenue Cycle MQL SAL Opportunity SQL
  • 18. Lead Nurturing Plugs the Leak Building relationships with qualified prospects regardless of their timing to buy, with the goal of earning their business when they are ready. Lead Nurturing Sales Lead SAL Lead Prospect & Recycled Engaged All Names MQL SQL Opportunity “The art of maintaining permission to stay in front of your buyers as they educate themselves” © 2012 Televerde, LLC
  • 19. The Value of Lead Nurturing Lead Nurturing helps turn more inquiries into qualified leads and decreases cost per qualified lead Fast Leads (MQL <1 mo) Slow Leads (MQL >1 mo) Total Leads (MQL) Cost/Lead (MQL) Without Nurturing 20% 6.67% 26.67% $206.00 With Nurturing 20% 20.0% 40.0% 137.50 3X! Results: 50% more marketing qualified leads from lead nurturing Source: Marketo Nov. 2011; assumes $55/prospect © 2012 Televerde, LLC
  • 20. Lead Nurturing Relevance 1. BUYING STAGES Stages 1 2 3 A DON’T PANIC! B C 1. 2. 3. Early (Pre-MQL) Mid (MQL) Late (Opportunity) Customer Short content is good! (YouTube Approach) Reuse and repurpose Stay ahead of the drip Start small, think big and adapt quickly D 2. BUYING PROFILES • • • • • • • • Industry: 82% Role: 67% Company Size: 49% Geography: 29% © 2012 Televerde, LLC
  • 21. When to Call? • • • • Early stage content +3 Attend webinar: +5 Visit any webpage / blog : +1 Visit careers pages: -10 • Pricing pages: • +10 regular, +15 detailed • Watch demos: • +5 overview, +10 detailed • Mid-stage content +8 • Late-stage content +12 • Searches for “Your Company Name” +8 © 2012 Televerde, LLC
  • 23. Types of Lead Nurturing 1. Seed Nurturing: Developing relationships with early-stage prospects before they enter your database 2. Pre-MQL Nurturing: Building and maintaining relationships with known prospects as they educate themselves 3. Customer Nurturing: Deepening and expanding relationships with existing customers 4. Accelerator Nurturing: Move prospects along the buying cycle faster with relevant “nudges” triggered by specific behaviors 5. Recycled Nurturing: Discontinued or disqualified 6. Reconstituted Nurturing: AKA “Wake the Dead” © 2012 Televerde, LLC
  • 24. Seed Nurturing & Social Media Nurturing today Nurturing tomorrow Make valuable content freely available Create a reputation that builds credibility and trust © 2012 Televerde, LLC
  • 25. Lead Nurturing & Social Media Listen Segment & Target Notify & Score Interact © 2012 Televerde, LLC
  • 26. Customer Nurturing & Social Media Reaffirm purchases after the decision is made Deepen relationships, create personal connections Discover new needs and requirements Manage customer satisfaction and retention © 2012 Televerde, LLC
  • 27. Insource or Outsource? Considerations: Competencies, Process, Investment & Control Insource: How important is control vs. outcomes? Mind the budget – TCO of competencies is expensive Resources available? Be prepared to build and sustain training, process and management Outsource: Control is still possible with checks and balances Outsource to complement not replace Benefits = fast ramp, scale, established skills, economics Training and process is repeatable, sustainable, predictable Tele-nurture is a specialty Outcomes should outweigh control! © 2012 Televerde, LLC
  • 28. Agency Considerations Selecting, Hiring, Managing What competencies do you need them to complement? Does the agency have these competencies? Inquire about other clients and peer referrals Inquire about best practices and see work samples (scoring models, emails, reports, metrics, etc.) Discuss process integration Compare costs and value (ROI is more than $$$) © 2012 Televerde, LLC
  • 29. Key Takeaways 1. Buying has changed forever; marketing and sales must change as well – “The Zero Moment of Truth” 2. 80% of qualified prospects are not ready to buy when you first meet them 3. Nurturing plugs the lead development gap but needs to be relevant – otherwise prospects will opt-out or emotionally optout 4. Human touch validates, corrects & accelerates the digital nurture process 5. Outsourcing bridges the knowledge & skills gap accelerating your revenue cycle success © 2012 Televerde, LLC
  • 30. Contact Bryan… Bryan Ehrenfreund VP of Digital Strategies bryan.ehrenfreund@televede.com Direct: +1 480.303.7078 Twitter: @ehrenfreund www.televerde.com blog.televerde.com © 2012 Televerde, LLC

Editor's Notes

  1. http://www.youtube.com/watch?v=UmM9qfzfzhw