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Selling technology products
             Driving sales with digital marketing




    InvestNI Seminar
Michael White, 25 May 2011
Agenda

   How to drive sales, generate leads and increase revenue using web
    marketing and social media

   The internet redefines how companies buy goods and services
   Today when people want to buy something the first place they look is on the
    web, whether they’re looking for shoes, a car or a 50k technology product
   Buyers are doing most of their initial research online before initiating
    conversations with vendors and are better informed at an earlier stage
   Buyers are also more difficult to reach because of the increasing volume of
    electronic communications they receive

   During this presentation you will see how you can use internet marketing,
    social media marketing and “sales 2.0” techniques to promote your products
    and services more effectively
   You should take these “demand generation” processes as seriously as you
    take product development, finance and quality
Credentials
          •   Co-founder of DohertyWhite Oct 2009
          •   Enterprise Ireland Marketing Mentor
          •   Ex Head of Marketing at Singularity
          •   Senior Software Product Manager at Siemens
          •   Also roles at Elavon, Deloitte & Touche, Misys Corporation and AIB Bank
Michael   •   Trinity College Dublin Computer Science graduate (1990), Post-Grad Dip.
White         Computing (2004)
Why focus on Digital Marketing?


1950s
   to      Sales people find and persuade the buyers
1990s


           Buyers start to search online, find product
1997          information from multiple vendors



2006    Buyers confer with each other via online networks



2009    Sales now use online tools to prospect, generate
                       and qualify leads                    Marketing Automation



                                                                             4
Why focus on Digital Marketing?


           Because this is the way businesses buy technology




 In a survey of 4000 technology
 buyers in the US, 80% of these
   buyers said they found the
vendor, not the other way round.

Source: B2B Technology Marketing
     Benchmark Survey 2008
Why focus on Digital Marketing?

                   Because your competitors do

                                         B2B technology firms in the US
                                          spend an average of 7.9% of
                                            revenue on marketing.

                                           Source: B2B Technology
                                          Marketing Benchmark Survey
                                           2008 (MarketingSherpa)




B2B technology firms spend about
 33% of that marketing spend on
 online marketing, increasing by
       about 3% per year.

Source: B2B Technology Marketing
     Benchmark Survey 2008
What is Digital Marketing?
How to generate leads and sales




  Generate more leads at
the top of the sales funnel
 using online marketing –
  email, Google pay-per-
 click, social media and PR




 Use simple techniques to
   filter and process these
             leads .
  ‘Hot’ leads go straight to
         sales team or
partners/distributors, ‘warm’
    leads go to ‘nurturing’
  program, ‘cold leads’ are
qualified out within 24 hours
How to generate leads and sales
    Review what you’re selling – its benefits, pricing, why it
1   is better than competitors – the value proposition


    Understand your buyers – who they are, where they are,
2   which organisations, what roles, what do they want

    Create ‘content’ – online information that your
3   buyers will want such as buyers’ guides, research
    papers, case studies, industry surveys, ROI calculators

    Drive traffic to your company website using Google
4   pay-per-click, SEO, email, social media, PR/online PR

    Capture visitors contact details in exchange for high
5   quality, relevant content

6   Filter these contacts, sell to the ‘hottest’, generate revenue   € $
7   Nurture ‘warm’ and ‘cool’ leads until they’re sales-ready        ?   “”
The tools you use




1   Revise website       2       Generate content     3    Launch Google    4    Start Email      5     Generate PR
    based on buyer               to attract visitor         pay-per-click        Marketing              and online PR
      analysis, add                registrations                ads              campaigns
     landing pages




6    Post to Corporate       7      Launch Search Engine     8    Hardcopy Mail to     9       Telemarketing
      Blog and Social                   Optimization              selected contacts            qualification of
           Media                         activities                                             warm leads
Your website
1. Your web-site
   The most important marketing tool you have
   Your best sales-person 24/7/365
   A sales lead generation machine
   Drive visitors to your site                   Home page is the most
   Get them to take “Most wanted action”
                                                   important page
                                                  Structure, text
                                                  Give visitors plenty of
                                                   things to click on
                                                  Make downloads and
                                                   ‘buy now’ offers
                                                   prominent
                                                  Look at competitor sites
                                                   for comparison
Drive traffic to the website
                                Quick way to get traffic to
                                 your site
                                Tell Google which search
                                 terms you want to be
                                 found for
                                E.g. show my ad when
                                 someone searches for
                                 ‘industrial fuel pumps’
                                Only pay if someone clicks
                                 on my ad
                                Create specific ‘landing’
                                 page for the ad
                                Avg. 50c per click, can set
                                 maximum daily/weekly
                                 budget
                                Can lock down by
                                 geography, time, day
Drive traffic to the website

                                           Do not spam
       Email                               But do regularly email contacts
                                            who have ‘opted in’ to
                                            communications
                                           91% of internet users use email
                                           Cost effective, broad reach
   Reply
                                           First, build your list
                                           Next, draft your email
                         Visit             Keep it short
                                           “Call to action”
                                           Test every element
                                           From & Subject – determine
                                            whether email is deleted or

SPAM                                        opened
                                           Certain words will attract spam
                                            filters e.g. ‘Free’
Drive traffic to the website


 First step – keyword analysis
 Choose words you think people will look for when searching for your
  kind of product or service
 Configure your site
 Seek links to your site
Drive traffic to the website


• What? Basically like a website that you can easily edit and update
• Why? Draws more traffic to your web-site, leads, sales
• Can paste in YouTube videos, SlideShare slides
• Can form the basis for your LinkedIn, Facebook and Twitter marketing
• Allows readers to provide feedback
                                                             Tips
                                                             • Decide who you’re targeting
                                                             • Mix of entries – news,
                                                               opinion, video, photos,
                                                               informative
                                                             • Set a schedule e.g. once a
                                                               week
                                                             • Use images and video
                                                             • Basic, medium and rich
                                                               posts, light & heavy
                                                             • Strong headlines
Drive traffic to the website
Drive traffic to the website



 Why? To draw online traffic, and to sell to people 24 hours a day
 Video yourself talking about your product or service
 Relate to your business – e.g. “how we used the product”
 Video a customer talking about themselves and working with you
 Home-made is good
 Sign-up on YouTube (2 minutes and its free)
 Post it on YouTube, and customize your YouTube page
 Link to YouTube from your website, blog, Twitter ….
Drive traffic to the website


             What?
             • Professional network
             • 250,000 users in Ireland
             • 75 million worldwide
             Why?
             • So people can find you
             • So you can find prospective customers – ‘
               prospecting’
             • So you can promote events
             How
             • Create your personal profile
             • Connect to people you know
             • Join Groups
             • Get staff to create their profiles and connect
             • Create company profile
             • Fill out company product and services
Drive traffic to the website




                               Facebook users by age
Drive traffic to the website


1. Set up and fill-in your Personal Profile


2. Set up Facebook Business Page (not Group and not Personal page)




3. Put links on your website, email signature, press ads

4. Encourage people to ‘Like’ you
5. Find other pages that have high numbers of your target
  customers, “Like” them and post to their wall
6. Post videos, make offers, upload photos – keep up a steady stream of content
  on a frequent schedule
Drive traffic to the website




What
• Free storage area to put up slide presentations, word documents, PDF
  documents
• Really useful for anyone involved in professional services
• (Will post our slides here after the seminar)
• Can collect leads from people who download your content
• Can place stuff here and link to it from your blog
• Can also record voice over on your slides then post it here, then link to
  your blog or website – good for recording a sales pitch or product
  demo
Thank You
Email     michael.white@dohertywhite.com
Mobile    +353 86 383 8981
Phone     +353 7491 16689
Twitter   @michaelgwhite

www.dohertywhite.com

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DohertyWhite - Selling Technology Products Online

  • 1. Selling technology products Driving sales with digital marketing InvestNI Seminar Michael White, 25 May 2011
  • 2. Agenda  How to drive sales, generate leads and increase revenue using web marketing and social media  The internet redefines how companies buy goods and services  Today when people want to buy something the first place they look is on the web, whether they’re looking for shoes, a car or a 50k technology product  Buyers are doing most of their initial research online before initiating conversations with vendors and are better informed at an earlier stage  Buyers are also more difficult to reach because of the increasing volume of electronic communications they receive  During this presentation you will see how you can use internet marketing, social media marketing and “sales 2.0” techniques to promote your products and services more effectively  You should take these “demand generation” processes as seriously as you take product development, finance and quality
  • 3. Credentials • Co-founder of DohertyWhite Oct 2009 • Enterprise Ireland Marketing Mentor • Ex Head of Marketing at Singularity • Senior Software Product Manager at Siemens • Also roles at Elavon, Deloitte & Touche, Misys Corporation and AIB Bank Michael • Trinity College Dublin Computer Science graduate (1990), Post-Grad Dip. White Computing (2004)
  • 4. Why focus on Digital Marketing? 1950s to Sales people find and persuade the buyers 1990s Buyers start to search online, find product 1997 information from multiple vendors 2006 Buyers confer with each other via online networks 2009 Sales now use online tools to prospect, generate and qualify leads Marketing Automation 4
  • 5. Why focus on Digital Marketing? Because this is the way businesses buy technology In a survey of 4000 technology buyers in the US, 80% of these buyers said they found the vendor, not the other way round. Source: B2B Technology Marketing Benchmark Survey 2008
  • 6. Why focus on Digital Marketing? Because your competitors do B2B technology firms in the US spend an average of 7.9% of revenue on marketing. Source: B2B Technology Marketing Benchmark Survey 2008 (MarketingSherpa) B2B technology firms spend about 33% of that marketing spend on online marketing, increasing by about 3% per year. Source: B2B Technology Marketing Benchmark Survey 2008
  • 7. What is Digital Marketing?
  • 8. How to generate leads and sales Generate more leads at the top of the sales funnel using online marketing – email, Google pay-per- click, social media and PR Use simple techniques to filter and process these leads . ‘Hot’ leads go straight to sales team or partners/distributors, ‘warm’ leads go to ‘nurturing’ program, ‘cold leads’ are qualified out within 24 hours
  • 9. How to generate leads and sales Review what you’re selling – its benefits, pricing, why it 1 is better than competitors – the value proposition Understand your buyers – who they are, where they are, 2 which organisations, what roles, what do they want Create ‘content’ – online information that your 3 buyers will want such as buyers’ guides, research papers, case studies, industry surveys, ROI calculators Drive traffic to your company website using Google 4 pay-per-click, SEO, email, social media, PR/online PR Capture visitors contact details in exchange for high 5 quality, relevant content 6 Filter these contacts, sell to the ‘hottest’, generate revenue € $ 7 Nurture ‘warm’ and ‘cool’ leads until they’re sales-ready ? “”
  • 10. The tools you use 1 Revise website 2 Generate content 3 Launch Google 4 Start Email 5 Generate PR based on buyer to attract visitor pay-per-click Marketing and online PR analysis, add registrations ads campaigns landing pages 6 Post to Corporate 7 Launch Search Engine 8 Hardcopy Mail to 9 Telemarketing Blog and Social Optimization selected contacts qualification of Media activities warm leads
  • 11. Your website 1. Your web-site  The most important marketing tool you have  Your best sales-person 24/7/365  A sales lead generation machine  Drive visitors to your site  Home page is the most  Get them to take “Most wanted action” important page  Structure, text  Give visitors plenty of things to click on  Make downloads and ‘buy now’ offers prominent  Look at competitor sites for comparison
  • 12. Drive traffic to the website  Quick way to get traffic to your site  Tell Google which search terms you want to be found for  E.g. show my ad when someone searches for ‘industrial fuel pumps’  Only pay if someone clicks on my ad  Create specific ‘landing’ page for the ad  Avg. 50c per click, can set maximum daily/weekly budget  Can lock down by geography, time, day
  • 13. Drive traffic to the website  Do not spam Email  But do regularly email contacts who have ‘opted in’ to communications  91% of internet users use email  Cost effective, broad reach Reply  First, build your list  Next, draft your email Visit  Keep it short  “Call to action”  Test every element  From & Subject – determine whether email is deleted or SPAM opened  Certain words will attract spam filters e.g. ‘Free’
  • 14. Drive traffic to the website  First step – keyword analysis  Choose words you think people will look for when searching for your kind of product or service  Configure your site  Seek links to your site
  • 15. Drive traffic to the website • What? Basically like a website that you can easily edit and update • Why? Draws more traffic to your web-site, leads, sales • Can paste in YouTube videos, SlideShare slides • Can form the basis for your LinkedIn, Facebook and Twitter marketing • Allows readers to provide feedback Tips • Decide who you’re targeting • Mix of entries – news, opinion, video, photos, informative • Set a schedule e.g. once a week • Use images and video • Basic, medium and rich posts, light & heavy • Strong headlines
  • 16. Drive traffic to the website
  • 17. Drive traffic to the website  Why? To draw online traffic, and to sell to people 24 hours a day  Video yourself talking about your product or service  Relate to your business – e.g. “how we used the product”  Video a customer talking about themselves and working with you  Home-made is good  Sign-up on YouTube (2 minutes and its free)  Post it on YouTube, and customize your YouTube page  Link to YouTube from your website, blog, Twitter ….
  • 18. Drive traffic to the website What? • Professional network • 250,000 users in Ireland • 75 million worldwide Why? • So people can find you • So you can find prospective customers – ‘ prospecting’ • So you can promote events How • Create your personal profile • Connect to people you know • Join Groups • Get staff to create their profiles and connect • Create company profile • Fill out company product and services
  • 19. Drive traffic to the website Facebook users by age
  • 20. Drive traffic to the website 1. Set up and fill-in your Personal Profile 2. Set up Facebook Business Page (not Group and not Personal page) 3. Put links on your website, email signature, press ads 4. Encourage people to ‘Like’ you 5. Find other pages that have high numbers of your target customers, “Like” them and post to their wall 6. Post videos, make offers, upload photos – keep up a steady stream of content on a frequent schedule
  • 21. Drive traffic to the website What • Free storage area to put up slide presentations, word documents, PDF documents • Really useful for anyone involved in professional services • (Will post our slides here after the seminar) • Can collect leads from people who download your content • Can place stuff here and link to it from your blog • Can also record voice over on your slides then post it here, then link to your blog or website – good for recording a sales pitch or product demo
  • 22. Thank You Email michael.white@dohertywhite.com Mobile +353 86 383 8981 Phone +353 7491 16689 Twitter @michaelgwhite www.dohertywhite.com