Mathew Sweezey (Pardot) and Forest Baker (LinkedIn) present an analysis of LinkedIn member's annual churn (i.e., leaving a company or role) and what it means for B2B email marketers.
Professional Churn & B2B Email Marketing - LinkedIn & Salesforce at Dreamforce 2014
1. Four Ways to Dominate Your B2B
Marketing Database: Marketing's
Greatest Asset
Mathew Sweezey - Salesforce
Marketing Evangelist
@msweezey
Forest Baker - Linkedin
Former Head of Insights for Linkedin
@forest415
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@msweezey & @forest415
3. 50,000
The average size of a B2B marketing lead
database.
@msweezey & @forest415
9. Four Ways To Dominate
-Understand the churn of your database (New Data)
-What does it mean for your forms
-How to evaluate your email database
-How to tactically use the data with sales
@msweezey & @forest415
11. Question:
What is the life cycle of a B2B email
address?
@msweezey & @forest415
12. Begins
A new email address is issued for each new
employee at a company. Email addresses
follow a naming convention.
@msweezey & @forest415
13. Ends
The email address for a B2B lead dies when
the employee leaves the company, or takes
a role outside of your buying process at the
company.
@msweezey & @forest415
14. 22%
Annual churn rate for US workers age
16+ US Department of Labor 2012
@msweezey & @forest415
33. Get the data
www.slideshare.net/forestbaker/expected-1-
year-churn-rate
@msweezey & @forest415
34. What else does
this mean?
So if email churns is it still worth it to obtain?
What else would we ask for to communicate?
What are benefits of asking for social handles?
How can we use this data to determine the health of our
email database?
@msweezey & @forest415
35. Is it worth it?
The average cost of an email address is $150.00. The
average cost of a paid social engagement is $0.50 So why
spend the money on acquiring an email address?
@msweezey & @forest415
36. Social LTV:
Social handles have a much lower churn,
more targeted approach, and be more
valuable than spending time on email
acquisition. Follower churn is 10% per year.
@msweezey & @forest415
38. Email is still
king Despite the increase in paid
social advertising, email is
still the number one driver for
many campaigns. However not all
engagements require an email address.
Know what you plan to do with it before you
get it.
@msweezey & @forest415
43. Health of your
database
This data gives you way to now judge your largest asset
@msweezey & @forest415
44. Penetration
Total Database
Potential DB
@msweezey & @forest415
Linkedin provides this
data thought their Sales
Navigator Product
45. Growth Score
Total Net New Email Addresses
(Possible DB x % Growth) – (Possible DB x % decay)
@msweezey & @forest415
46. New Ideas
Targeting the time of churn. This means for each person
who churns, there is a new opportunity with the existing
company and the company they go to.
@msweezey & @forest415
47. Data for sales
Job change alerts are the best way for sales
to keep up with change. They can reach out
via inMail in Linkedin.
@msweezey & @forest415
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Talk Track:
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