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B2B Marketing Analytics

 Using Data Analytics to Improve
Lead Generation & Lead Nurturing


  Jep Castelein, LeadSloth
  (@jepc)
Q: B2B Marketers?

Who is:
  Marketer?
      B2B?
      B2C?
  Sales?
  Analytics or BI professional?
  Websites, Social Media, Advertising, Agencies?
Marketing, Sales, Lead Generation

Marketing = Getting People Interested (1 to many)

Sales = Getting Interested People to Give You Money (1 to 1)

Lead Generation = Getting a List of People to Spam Nurture
What is Marketing Analytics?

My Definition:

Marketing Analytics = analyzing performance of the
marketing function to optimize:
  marketing tactics
  budget allocation
  ROI
  revenue prediction
B2B Marketing & Marketing Automation
My Focus & Background

My Focus:
   B2B Marketing
   Lead Generation
   Lead Nurturing
   Marketing & Sales Alignment

My Background:
   10+ Years of Software Marketing
   Now: B2B Marketing Consultant
Marketing Metrics Challenges

1.
Which Metrics?

2.
How to Get Good Data & Reports?
Challenge 1: Marketing Metrics

  Basic Metrics

  Revenue Metrics

  Process Metrics

  Justification Metrics
Basic Metrics
Basic Metrics

  From Raw leads
  To Qualified leads
     Ideal Lead Profile
     Lead Scoring
Revenue Metrics

1.   Do a search on 'widgets for industrial cleaning'
2.   Find blog article on http://blog.widgetco.com
3.   Subscribe to RSS
4.   Register for eBook "industrial cleaning for less" that is
     promoted in next blog post
5.   Registration for webinar (invitation came via email)
6.   Visit www.widgetco.com for product and pricing info
7.   Received call from a Widgetco sales person
8.   I buy some widgets to try it out
Revenue Metrics

Measure a Campaign's Impact on Revenue:
  Cost
    e.g. Search Engine Optimization project costs $50k
  Revenue
    e.g. $400k revenue from Google searches
  Margin
    e.g. $400k revenue = $150k profit
  ROI
    e.g. 150 - 50 / 50 * 100% = 200% ROI

Requirements:
  Closed-loop marketing measurement
Process Metrics
Process Metrics

SiriusDecisions Waterfall:
    Measure Inquiries
    Marketing-qualified leads
    Sales accepted leads
    Sales qualified leads
    Closed/won business
Justification Metrics
Justification Metrics

Keep track of the following:
   marketing sourced pipeline
   marketing influenced pipeline
   investment-to-pipeline
   investment-to-revenue
Metrics & Our Goals

Optimize:

   Marketing tactics:
      using all metrics
   Budget allocation:
      using revenue metrics & process metrics
   ROI:
      using justification metrics
   Revenue prediction:
      using process metrics
Questions So Far?
Challenge 2: Good Data & Reports

 Collecting Data with Marketing Automation
 Collecting Data with Other Systems
 Reporting on this Data
Marketing Automation Parts
Marketing Technology Ecosystem
Google Analytics for Marketing?
Marketing Reporting

 Show trends over time (capture snapshots of your data)
 Group by category (e.g. classify your campaigns)
 Drill-down options (subcategories & segmentation)
 Waterfall reports
 Exception & trend reporting
Questions?

Jep Castelein, LeadSloth

(919) 246-9290 or 888-4A-
SLOTH
jep@leadsloth.com

http://www.leadsloth.com
http://twitter.com/jepc

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B2B Marketing Analytics

  • 1. B2B Marketing Analytics Using Data Analytics to Improve Lead Generation & Lead Nurturing Jep Castelein, LeadSloth (@jepc)
  • 2. Q: B2B Marketers? Who is: Marketer? B2B? B2C? Sales? Analytics or BI professional? Websites, Social Media, Advertising, Agencies?
  • 3. Marketing, Sales, Lead Generation Marketing = Getting People Interested (1 to many) Sales = Getting Interested People to Give You Money (1 to 1) Lead Generation = Getting a List of People to Spam Nurture
  • 4. What is Marketing Analytics? My Definition: Marketing Analytics = analyzing performance of the marketing function to optimize: marketing tactics budget allocation ROI revenue prediction
  • 5. B2B Marketing & Marketing Automation
  • 6. My Focus & Background My Focus: B2B Marketing Lead Generation Lead Nurturing Marketing & Sales Alignment My Background: 10+ Years of Software Marketing Now: B2B Marketing Consultant
  • 7. Marketing Metrics Challenges 1. Which Metrics? 2. How to Get Good Data & Reports?
  • 8. Challenge 1: Marketing Metrics Basic Metrics Revenue Metrics Process Metrics Justification Metrics
  • 10. Basic Metrics From Raw leads To Qualified leads Ideal Lead Profile Lead Scoring
  • 11. Revenue Metrics 1. Do a search on 'widgets for industrial cleaning' 2. Find blog article on http://blog.widgetco.com 3. Subscribe to RSS 4. Register for eBook "industrial cleaning for less" that is promoted in next blog post 5. Registration for webinar (invitation came via email) 6. Visit www.widgetco.com for product and pricing info 7. Received call from a Widgetco sales person 8. I buy some widgets to try it out
  • 12. Revenue Metrics Measure a Campaign's Impact on Revenue: Cost e.g. Search Engine Optimization project costs $50k Revenue e.g. $400k revenue from Google searches Margin e.g. $400k revenue = $150k profit ROI e.g. 150 - 50 / 50 * 100% = 200% ROI Requirements: Closed-loop marketing measurement
  • 14. Process Metrics SiriusDecisions Waterfall: Measure Inquiries Marketing-qualified leads Sales accepted leads Sales qualified leads Closed/won business
  • 16. Justification Metrics Keep track of the following: marketing sourced pipeline marketing influenced pipeline investment-to-pipeline investment-to-revenue
  • 17. Metrics & Our Goals Optimize: Marketing tactics: using all metrics Budget allocation: using revenue metrics & process metrics ROI: using justification metrics Revenue prediction: using process metrics
  • 19. Challenge 2: Good Data & Reports Collecting Data with Marketing Automation Collecting Data with Other Systems Reporting on this Data
  • 22. Google Analytics for Marketing?
  • 23. Marketing Reporting Show trends over time (capture snapshots of your data) Group by category (e.g. classify your campaigns) Drill-down options (subcategories & segmentation) Waterfall reports Exception & trend reporting
  • 24. Questions? Jep Castelein, LeadSloth (919) 246-9290 or 888-4A- SLOTH jep@leadsloth.com http://www.leadsloth.com http://twitter.com/jepc