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Digital Revenue EngineAbhirajBanerjee,SVP DigitalMarketingSolutions
abhiraj.banerjee@edynamic.net
IN TODAY’S SESSION…
It’s all about revenue
Getting started
Digital Revenue Engine
Personalization demystified
Revenue – Most Important Metric
Revenue – Most Important Metric
Demand Gen must
drive Revenue.
74% of companies that weren't exceeding
revenue goals did not know their visitor, lead,
MQL, or sales opportunities. Hubspot
80% of marketers report their lead generation
efforts are only slightly or somewhat effective.
BrightTalk
80%
92% marketers list qualified leads as their top
goal. But only 15% of organizations are
measuring against this goal. TrueInfluence
B2B Demand Gen Trends Survey 2017
5
Be Relevant or Lose Customers
There is no middle ground.
73% of consumers prefer to do business with brands that use
personal information to make their shopping experiences
more relevant.
86% of consumers say personalization plays a role in their
purchasing decisions.
80% of consumers like it when retailers emails contain
recommended products based on previous purchases.
Highly competitive: users visit an average of 22 sites
competing for a sale
Long visitor paths: an average of 15 or more site visits
before purchase
Focus on search: over 90% of users start with search
Open to suggestions: 40% of users don’t know where
they want to go on their first visit
Multi-Channel: Many users begin by browsing on a
mobile, but most purchase on a PC
Low conversion: 89% of users abandon their basket at
checkout
Barriers toPersonalization
No Executive Buy In.
Personalization can be nebulous, hard to pinpoint value – but its not just a nice to have!
It’s aJourney.
Youdo not have to boil the ocean, in fact, it’s a whole lot better if you don’t!
Where to Start.
Start with what makes a difference to revenue, start with asmall project. Keep it digestible!
PainPoint
Poor conversion of daytrips
Hugebounce rate onday
trip campaigns
Project ROIif
bounce rate <35%
2 Week Project
Focuson AdWordcampaigns
Drive revenue - easydecision
Low project cost – easydecision
2 Week Project
Bounce reduced to 24%
Project ROIin just 2 weeks.
Quick Win! Measurable!Impact!
3 Steps toStart
EngagementAnalytics/Goal
based scoring
RulesBased Personalization
Profiling & PredictivePersonalization
75%AVMonthly Growth
140%AVMonthly Re-buy
3 Steps toStart
EngagementAnalytics/Goal
based scoring
RulesBasedPersonalization
Profiling
TopChoice for Carsand
Aftercare
New CarSales
BookTest
Drives
Book
Service
Digital
Goals
IncreaseService
Digital
Goals
Digital
Goals
Digital
Goals
Digital
Goals
Contact
Dealer
StrategicObjective
BusinessObjective
Marketing Objective
ALIGNMENT
• PurchaseCar/BookService100
• BookTestDrive / ContactDealer
75
• UseFinanceCalculator50
• UseDealerLocator30
• Watch Video / DLPDF10
• CompareModels2
VALUE
COMMITMENT
3 Steps toStart
EngagementAnalytics
RulesBasedPersonalization
Profiling
27
When a visitor enters the website, the visitor’s “digital finger print” is revealed
“Inthe Moment” Personalization– Digital Finger Print
Search MarketingKeywords
Country
Region
City
Device
OperatingSystem
ReferralVisit
Campaign
IPaddress
IPOwner
VisitorIdentification
Language
Day
Time
Default Landing Page
Personalized
LandingPage
28
“Inthe Moment” Personalization– Onsite Events
Goaltriggered
Anonymous or logged in
As a visit progresses,the visitor reveals preferences.For example,via specific actions or states
Interactions
(e.g.,comparison tool,pricecalculator,etc.)
Internal searchkeyword
Page viewed
Visit number
Profiled
Contentdownloaded
Tag values
VisitprogressionPagecount
EasySteps!
Select where on the homepage youwill
personalize.
Choose5 or 6 rules that will work to drive
conversion – makesure they align with your
Engagement Value Scale..
.
HEROIMAGE
FEATURESPOT
VEHICLEPREFERENCESPOT
RulesI useall the time – because they work!
• Campaign
• Profile (more on that in aminute)
• Date and Time
• Goal Conversion
• Visit Number
• Geolocation
3 Steps toStart
EngagementAnalytics Rules
Based Personalization
Profiling
Digital
touchpoints
Physical
touchpoints
AWARENESS CONSIDERATION ACTION SERVICE LOYALTY
TV
Radio
PR Word
of mouth
Direct mail Store Call center Call center IVR Promotion
on invoice
Online Ads
Viral
email
Digital
billboards Search
Landing
page Blog
3rd Party
sites Website Mobile IM/Chat Blog Email Newsletter
Managed touchpoint
Unmanaged touchpoint
Customer 3Customer 2Customer 1
DecisionsAre Not Made in Straight Lines
Simplify the Who andWhat!
.
What product orservice?
What is their budget?
Where are they in thebuyer
journey?
What Product or Service!
.
Profile 1 – Vehicle Preference
Civic
Accord
CR-V
HR-V
Odyssey
Pilot
Ridgeline
Theanswer is in your navigation!
Vehicle Preference is
Honda CR-V.
Budget!
.
Profile 2 –Budget
Low
Medium
High
Premium
Theanswer is in your navigation!
Budget is High.
Buying Journey!
.
Profile 3 – BuyerJourney
BOF
MO
F
TOF
Theanswer is in your EVS!
Buyer Journey is MOF.
Now WeKnow!
.
Budge
tProduct
Preference
BuyerJourney
Next Step is BookTest Drive!
HEROIMAGE
FEATURESPOT
VEHICLEPREFERENCESPOT
Bring it Together!
Choosewhat you will personalize, lets take afew
that makesense! Thisis visit number 2. SpecialOffers!
.• Visit Number
• Campaign – CR-V
• Profile
• Goal Conversion
• Geolocation
t
eg
Bud
Product BuyerJourney
Preference
150%
TestDrives
150%
Contact Dealer
30%Decreasein
Bounce on
TargetedSearch
Your data lives in siloes
You can’t personalize. You can’t measure.
You can’t report
BROKENRECORDS (ChiefMarketerSurvey,B2B)
39
Source: Scott Brinker – ChiefMartech.com
One of the single most important imperatives
for every marketing operations team is to fight
against data fragmentation and find ways to
unite the whole marketing stack at the data
layer.
Customer
Journey Emails driving traffic
to Specific landing
pages
Promotional emails/offers/ invite for
webcasts based on website visit
Send relevant alerts and thought
leadership material on different
channels
Engaged with
sales team
Unknown
visitor
Clicks
and
reads
content
SignupforWebcast
Nurture with
relevant
information
Top Funnel lead
generation
Profile of Visitor
based on digital
foot print on
the website
Utilize context to target 1:1
Known Visitor
MQL
Lead
score>threshold,
lead is
transitioned
from marketing
to sales team)
Search,
Social,
Marketing
automation
(Survey),
content
marketing
Email
and
webcast
invite Data to
CRM
Arrives
on
website
Retargeting
Single actionable profile is
created for the lead. lead
score is updated)
Profile created
(lead score is
assigned)
Single actionable profile
updated (lead score
reaches threshold
Single actionable
profile updated
(lead score
updated)
Lead score 30,
Data updated in
CRM
Lead score 50,
data updated in
CRM
Lead score 70,
Data updated
in CRM
Lead score 100,
Data updated in
CRM
Known
visitor
Data to
CRM
Big data means you can’t see
the wood, for the trees
#SitecoreSYM
Flying Blind Quick Business Wins 1:1 Marketing
Revenue Engine
Maturity Model
Engagement Analytics
Easy Personalization
Real Time Profiling
AB Testing
CMS Updates
Traffic Analytics
Spray and Pray
using MAP
Ad Hoc Social
Landing Pages
CRM
MAP
CMS
Core Contact DataCustomer
Engagement/Behavior
Funnel Stage and Lead Score
44
MAP is your pitcher. CMS catches and converts. CRM keeps score.
Your most important
channels – working
in symphony.
Getting started…
WHERE AND HOW – a step at a time
47
• The Revenue Audit
• The Revenue Workshop
• Establishing marketing-sales alignment
• Defining quick outcomes/wins
• Move up the maturity model based on a roadmap
MQL
SAL
SQL
Win/Loss/
ND
Marketing
Qualified
Lead
Sales
Accepted
Lead
Sales
Qualified
Lead
LEAD
A//unknown
prospect
Raw
Lead
Source: SiriusDecisions
Parameter Check
Website visit +1
Website download +1
Email open +1
Email click through +1
Twitter follower +1
LinkedIn Shared group
member
+1
Company revenue, location +2
50
We are a global digital marketing
and technology agency focused
on customer engagement.
5
Digital marketing
transformation.
.n//Personalized experiences and
marketing driven by data and technology
to engage customers and drive revenue.
1:1 MARKETING
52
OVER 100 CLIENTS
WITH OVER
$500M
IN
REVENUE 4
Our work
gets noticed
Sitecore People’s Choice
Website of the year
Webby Official Honoree Winner
Hermes Creative Gold Winner
AVADigital Gold Winner
Technology Innovator Award
5
Questions?

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Drive Revenue through Digital via Personalization

  • 1. Digital Revenue EngineAbhirajBanerjee,SVP DigitalMarketingSolutions abhiraj.banerjee@edynamic.net
  • 2. IN TODAY’S SESSION… It’s all about revenue Getting started Digital Revenue Engine Personalization demystified
  • 3. Revenue – Most Important Metric
  • 4. Revenue – Most Important Metric
  • 5. Demand Gen must drive Revenue. 74% of companies that weren't exceeding revenue goals did not know their visitor, lead, MQL, or sales opportunities. Hubspot 80% of marketers report their lead generation efforts are only slightly or somewhat effective. BrightTalk 80% 92% marketers list qualified leads as their top goal. But only 15% of organizations are measuring against this goal. TrueInfluence B2B Demand Gen Trends Survey 2017 5
  • 6. Be Relevant or Lose Customers There is no middle ground. 73% of consumers prefer to do business with brands that use personal information to make their shopping experiences more relevant. 86% of consumers say personalization plays a role in their purchasing decisions. 80% of consumers like it when retailers emails contain recommended products based on previous purchases.
  • 7. Highly competitive: users visit an average of 22 sites competing for a sale Long visitor paths: an average of 15 or more site visits before purchase Focus on search: over 90% of users start with search Open to suggestions: 40% of users don’t know where they want to go on their first visit Multi-Channel: Many users begin by browsing on a mobile, but most purchase on a PC Low conversion: 89% of users abandon their basket at checkout
  • 8. Barriers toPersonalization No Executive Buy In. Personalization can be nebulous, hard to pinpoint value – but its not just a nice to have! It’s aJourney. Youdo not have to boil the ocean, in fact, it’s a whole lot better if you don’t! Where to Start. Start with what makes a difference to revenue, start with asmall project. Keep it digestible!
  • 9.
  • 10. PainPoint Poor conversion of daytrips Hugebounce rate onday trip campaigns Project ROIif bounce rate <35%
  • 11. 2 Week Project Focuson AdWordcampaigns Drive revenue - easydecision Low project cost – easydecision
  • 12. 2 Week Project Bounce reduced to 24% Project ROIin just 2 weeks. Quick Win! Measurable!Impact!
  • 13.
  • 14. 3 Steps toStart EngagementAnalytics/Goal based scoring RulesBased Personalization Profiling & PredictivePersonalization
  • 15.
  • 16.
  • 17.
  • 19. 3 Steps toStart EngagementAnalytics/Goal based scoring RulesBasedPersonalization Profiling
  • 20.
  • 21. TopChoice for Carsand Aftercare New CarSales BookTest Drives Book Service Digital Goals IncreaseService Digital Goals Digital Goals Digital Goals Digital Goals Contact Dealer StrategicObjective BusinessObjective Marketing Objective ALIGNMENT
  • 22. • PurchaseCar/BookService100 • BookTestDrive / ContactDealer 75 • UseFinanceCalculator50 • UseDealerLocator30 • Watch Video / DLPDF10 • CompareModels2 VALUE COMMITMENT
  • 24. 27 When a visitor enters the website, the visitor’s “digital finger print” is revealed “Inthe Moment” Personalization– Digital Finger Print Search MarketingKeywords Country Region City Device OperatingSystem ReferralVisit Campaign IPaddress IPOwner VisitorIdentification Language Day Time Default Landing Page Personalized LandingPage
  • 25. 28 “Inthe Moment” Personalization– Onsite Events Goaltriggered Anonymous or logged in As a visit progresses,the visitor reveals preferences.For example,via specific actions or states Interactions (e.g.,comparison tool,pricecalculator,etc.) Internal searchkeyword Page viewed Visit number Profiled Contentdownloaded Tag values VisitprogressionPagecount
  • 26. EasySteps! Select where on the homepage youwill personalize. Choose5 or 6 rules that will work to drive conversion – makesure they align with your Engagement Value Scale.. . HEROIMAGE FEATURESPOT VEHICLEPREFERENCESPOT RulesI useall the time – because they work! • Campaign • Profile (more on that in aminute) • Date and Time • Goal Conversion • Visit Number • Geolocation
  • 27. 3 Steps toStart EngagementAnalytics Rules Based Personalization Profiling
  • 28.
  • 29. Digital touchpoints Physical touchpoints AWARENESS CONSIDERATION ACTION SERVICE LOYALTY TV Radio PR Word of mouth Direct mail Store Call center Call center IVR Promotion on invoice Online Ads Viral email Digital billboards Search Landing page Blog 3rd Party sites Website Mobile IM/Chat Blog Email Newsletter Managed touchpoint Unmanaged touchpoint Customer 3Customer 2Customer 1 DecisionsAre Not Made in Straight Lines
  • 30.
  • 31. Simplify the Who andWhat! . What product orservice? What is their budget? Where are they in thebuyer journey?
  • 32. What Product or Service! . Profile 1 – Vehicle Preference Civic Accord CR-V HR-V Odyssey Pilot Ridgeline Theanswer is in your navigation! Vehicle Preference is Honda CR-V.
  • 33. Budget! . Profile 2 –Budget Low Medium High Premium Theanswer is in your navigation! Budget is High.
  • 34. Buying Journey! . Profile 3 – BuyerJourney BOF MO F TOF Theanswer is in your EVS! Buyer Journey is MOF.
  • 36. HEROIMAGE FEATURESPOT VEHICLEPREFERENCESPOT Bring it Together! Choosewhat you will personalize, lets take afew that makesense! Thisis visit number 2. SpecialOffers! .• Visit Number • Campaign – CR-V • Profile • Goal Conversion • Geolocation t eg Bud Product BuyerJourney Preference
  • 38. Your data lives in siloes You can’t personalize. You can’t measure. You can’t report
  • 40. Source: Scott Brinker – ChiefMartech.com One of the single most important imperatives for every marketing operations team is to fight against data fragmentation and find ways to unite the whole marketing stack at the data layer.
  • 41. Customer Journey Emails driving traffic to Specific landing pages Promotional emails/offers/ invite for webcasts based on website visit Send relevant alerts and thought leadership material on different channels Engaged with sales team Unknown visitor Clicks and reads content SignupforWebcast Nurture with relevant information Top Funnel lead generation Profile of Visitor based on digital foot print on the website Utilize context to target 1:1 Known Visitor MQL Lead score>threshold, lead is transitioned from marketing to sales team) Search, Social, Marketing automation (Survey), content marketing Email and webcast invite Data to CRM Arrives on website Retargeting Single actionable profile is created for the lead. lead score is updated) Profile created (lead score is assigned) Single actionable profile updated (lead score reaches threshold Single actionable profile updated (lead score updated) Lead score 30, Data updated in CRM Lead score 50, data updated in CRM Lead score 70, Data updated in CRM Lead score 100, Data updated in CRM Known visitor Data to CRM
  • 42. Big data means you can’t see the wood, for the trees
  • 43. #SitecoreSYM Flying Blind Quick Business Wins 1:1 Marketing Revenue Engine Maturity Model Engagement Analytics Easy Personalization Real Time Profiling AB Testing CMS Updates Traffic Analytics Spray and Pray using MAP Ad Hoc Social Landing Pages CRM MAP CMS Core Contact DataCustomer Engagement/Behavior Funnel Stage and Lead Score
  • 44. 44 MAP is your pitcher. CMS catches and converts. CRM keeps score.
  • 45. Your most important channels – working in symphony.
  • 47. WHERE AND HOW – a step at a time 47 • The Revenue Audit • The Revenue Workshop • Establishing marketing-sales alignment • Defining quick outcomes/wins • Move up the maturity model based on a roadmap
  • 48.
  • 49. MQL SAL SQL Win/Loss/ ND Marketing Qualified Lead Sales Accepted Lead Sales Qualified Lead LEAD A//unknown prospect Raw Lead Source: SiriusDecisions Parameter Check Website visit +1 Website download +1 Email open +1 Email click through +1 Twitter follower +1 LinkedIn Shared group member +1 Company revenue, location +2
  • 50. 50
  • 51. We are a global digital marketing and technology agency focused on customer engagement. 5
  • 52. Digital marketing transformation. .n//Personalized experiences and marketing driven by data and technology to engage customers and drive revenue. 1:1 MARKETING 52
  • 53. OVER 100 CLIENTS WITH OVER $500M IN REVENUE 4
  • 54. Our work gets noticed Sitecore People’s Choice Website of the year Webby Official Honoree Winner Hermes Creative Gold Winner AVADigital Gold Winner Technology Innovator Award 5

Notes de l'éditeur

  1. Can I have the original PPTX of this? Make prettier.