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Cross Over Marketing:
B2B and B2C Strategies that Work for Both

Online Marketing Show, London
30th June, 2010
Agenda

• Era of Engagement
• B2B vs. B2C: Similarities and Differences
• Learning from Each Other
   Best practices that drive results
• Making it Work
Era of Engagement
How Are you Engaging with
Customers?
The real result.
Era of Engagement

• Consumer is king

• Inboxes are crowded

• Listen as much as you speak

• Creativity alone is not enough
Why Engage?
• To increase customer lifetime value?
• To increase the value the company
  delivers to the customer?

• Answer is: Both
Relevancy is Key (and actually delivers)
                                               1000
                                                              Monthly Revenue
Dollars Generated per Month




                                                                                                                 $840
                                                              Monthly Net Profit
                                               800
                                                                                          $664
                              (in thousands)




                                               600                        $540


                                               400
                                                                                                                         $306
                                                                                                 $239
                                                       $159                        $185
                                               200
                                                              $40
                                                 0
                                                      No Targeting    Website Analytics   Targeted          Social Targeting


                                                                                                     Source: Q1 2009 Global Email Marketing
                                                                                                     And On-Site Targeting Online Survey
Expectations are Increasing
B2B vs. B2C:
Similarities and Differences
B2B vs. B2C
 Differences
 • Length of purchasing cycles
 • Comfort level with lead scoring techniques
 • Knowledge of sophisticated email techniques

 Similarities
 • Cluttered inboxes
 • Tighter budgets
 • Email a valuable, cost-effective tool
Top Marketing Goals
Both B2B and B2C marketers want to:
  –   better leverage new marketing channels
  –   improve analytics to strengthen campaigns
  –   upsell or cross-sell to customer base
  –   increase contact database
But B2C marketers are focused also on:
  – increasing customer loyalty
While B2B marketers want to:
  – move prospects/leads faster through the sales
    pipeline
                               Source: Silverpop Survey: Exploring the Differences and
                               Similarities of B2C and B2B Marketing Tactics
Learning from Each Other
Listen as Much as you Speak




                              Source: Silverpop Research
Let Customers Shape Marketing


• What types of content do users
  want?

• And how do they want to receive it?
Offer Choices During Registration
  50


  40


  30

                                   U.K.
  20
        46%                        North America
                     33%
  10


   0
         U.K.      North America
Types of Choices
• Email address update/password update
• Current email subscriptions
   – Newsletters, solo offers, company news, third-party offers
• Content or interest preferences
   – Skiing versus snowboarding, cycling versus running
• Message format
   – Text, HTML, mobile-optimised HTML
• Frequency (higher and lower)
• Update communication channels
   – Email, RSS feeds, direct mail, SMS)
• Demographics: gender, locale, birthday, position
• Firmagraphics: industry, company revenues, employees
Unsubscribe > Preference Centre
 50


 40


 30

                                U.K.
 20               40%           North America

      28%
 10


  0
       U.K.     North America
Right Message, Right Time




                        Source: Silverpop Research
Right Message, Right Time

• Consumers will receive 9,000+ email
  marketing messages a year by 2014
• Email subscriber interest begins to
  disintegrate as soon as two weeks after
  the opt-in
• Ideal send times vary among recipients
• Send Time Optimization
Emails Received in 30-Days
   0                         20%
                       15%
  1-4                                                 47%
                                   25%
 5-10                                    30%
                                           32%
11-15       3%                                              U.K.
                        17%
                                                            North America
16-20
             5%
21-29
            2%
 >30
            3%
        0         10     20          30          40   50
Incorporating Social Media




                         Source: Silverpop Research
Going Social

• Understand your brand advocates
   Who they are
   What motivates them
   How they are different
• Deliver email content they are most likely to
  share (‘Sharability’)
• Share-to-Social
Normal email campaign
Share-to-Social Expands Virally
Scoring Leads: Enhance Sales and
ROI




                       Source: Silverpop Research
Lead Scoring

•   Monitor readiness to buy
•   Listen and watch
•   Rank or score appropriately
•   Nurture through relevant campaigns
Criteria Used for Scoring/Ranking
Demographic
Behavioural
Firmagraphic




                                    Source: Silverpop Research
Scoring Leads: Enhance Sales ROI
             Interest Level                  Tactics
Interested                    •Welcome messages
                              •An educational campaign
                              •Lead warming activities
                              •Promotions for first purchase
Engaged                       •Renewal notices
                              •Shopping cart abandonment notices
                              •Service alerts
                              •Receipts
                              •Reminders of upcoming events
                              •Special promotions for top customers
                              •Targeting based on website activity
Lapsed                        •Surveys to determine reasons
                              •Incentives to revisit the website
                              •Promotions to encourage purchases
Understand Deliverability Data
• Inbox Preview
  – What does your message look like
• Spam Assassin
  – SPAM scoring
• Inbox Monitoring
  – % Delivered to actual inbox
• IP Segmentation
  – Sending reputation
Making it Happen
Marketing Automation: Make it
Happen
Managing the Dialog


                      Leverage an email
                       marketing platform
                       to treat millions of
                          recipients as
                      unique individuals.
Plan Communication Streams
Managing the Data



                     Score and Rank
                    Engagement for each
                     and every prospect
                      and/or customer
Conclusion
Keys to Success
•   Let prospects/customers lead
•   Send at the right time
•   Embrace social
•   Determine engagement level and lead scores
•   Automate Nurturing
•   Pay attention to email deliverability
•   Leverage marketing automation appropriately
Thank You



Will Schnabel
Email: wschnabel@silverpop.com
Twitter: @wschnabel

Whitepapers and research studies can be found at
  www.silverpop.com

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B2B B2C Marketing Strategies That Work for Both

  • 1. Cross Over Marketing: B2B and B2C Strategies that Work for Both Online Marketing Show, London 30th June, 2010
  • 2. Agenda • Era of Engagement • B2B vs. B2C: Similarities and Differences • Learning from Each Other  Best practices that drive results • Making it Work
  • 4. How Are you Engaging with Customers?
  • 6. Era of Engagement • Consumer is king • Inboxes are crowded • Listen as much as you speak • Creativity alone is not enough
  • 7. Why Engage? • To increase customer lifetime value? • To increase the value the company delivers to the customer? • Answer is: Both
  • 8. Relevancy is Key (and actually delivers) 1000 Monthly Revenue Dollars Generated per Month $840 Monthly Net Profit 800 $664 (in thousands) 600 $540 400 $306 $239 $159 $185 200 $40 0 No Targeting Website Analytics Targeted Social Targeting Source: Q1 2009 Global Email Marketing And On-Site Targeting Online Survey
  • 10. B2B vs. B2C: Similarities and Differences
  • 11. B2B vs. B2C Differences • Length of purchasing cycles • Comfort level with lead scoring techniques • Knowledge of sophisticated email techniques Similarities • Cluttered inboxes • Tighter budgets • Email a valuable, cost-effective tool
  • 12. Top Marketing Goals Both B2B and B2C marketers want to: – better leverage new marketing channels – improve analytics to strengthen campaigns – upsell or cross-sell to customer base – increase contact database But B2C marketers are focused also on: – increasing customer loyalty While B2B marketers want to: – move prospects/leads faster through the sales pipeline Source: Silverpop Survey: Exploring the Differences and Similarities of B2C and B2B Marketing Tactics
  • 14. Listen as Much as you Speak Source: Silverpop Research
  • 15. Let Customers Shape Marketing • What types of content do users want? • And how do they want to receive it?
  • 16. Offer Choices During Registration 50 40 30 U.K. 20 46% North America 33% 10 0 U.K. North America
  • 17. Types of Choices • Email address update/password update • Current email subscriptions – Newsletters, solo offers, company news, third-party offers • Content or interest preferences – Skiing versus snowboarding, cycling versus running • Message format – Text, HTML, mobile-optimised HTML • Frequency (higher and lower) • Update communication channels – Email, RSS feeds, direct mail, SMS) • Demographics: gender, locale, birthday, position • Firmagraphics: industry, company revenues, employees
  • 18. Unsubscribe > Preference Centre 50 40 30 U.K. 20 40% North America 28% 10 0 U.K. North America
  • 19. Right Message, Right Time Source: Silverpop Research
  • 20. Right Message, Right Time • Consumers will receive 9,000+ email marketing messages a year by 2014 • Email subscriber interest begins to disintegrate as soon as two weeks after the opt-in • Ideal send times vary among recipients • Send Time Optimization
  • 21. Emails Received in 30-Days 0 20% 15% 1-4 47% 25% 5-10 30% 32% 11-15 3% U.K. 17% North America 16-20 5% 21-29 2% >30 3% 0 10 20 30 40 50
  • 22. Incorporating Social Media Source: Silverpop Research
  • 23. Going Social • Understand your brand advocates  Who they are  What motivates them  How they are different • Deliver email content they are most likely to share (‘Sharability’) • Share-to-Social
  • 26. Scoring Leads: Enhance Sales and ROI Source: Silverpop Research
  • 27. Lead Scoring • Monitor readiness to buy • Listen and watch • Rank or score appropriately • Nurture through relevant campaigns
  • 28. Criteria Used for Scoring/Ranking Demographic Behavioural Firmagraphic Source: Silverpop Research
  • 29. Scoring Leads: Enhance Sales ROI Interest Level Tactics Interested •Welcome messages •An educational campaign •Lead warming activities •Promotions for first purchase Engaged •Renewal notices •Shopping cart abandonment notices •Service alerts •Receipts •Reminders of upcoming events •Special promotions for top customers •Targeting based on website activity Lapsed •Surveys to determine reasons •Incentives to revisit the website •Promotions to encourage purchases
  • 30. Understand Deliverability Data • Inbox Preview – What does your message look like • Spam Assassin – SPAM scoring • Inbox Monitoring – % Delivered to actual inbox • IP Segmentation – Sending reputation
  • 33. Managing the Dialog Leverage an email marketing platform to treat millions of recipients as unique individuals.
  • 35. Managing the Data Score and Rank Engagement for each and every prospect and/or customer
  • 37. Keys to Success • Let prospects/customers lead • Send at the right time • Embrace social • Determine engagement level and lead scores • Automate Nurturing • Pay attention to email deliverability • Leverage marketing automation appropriately
  • 38. Thank You Will Schnabel Email: wschnabel@silverpop.com Twitter: @wschnabel Whitepapers and research studies can be found at www.silverpop.com