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Lead Nurturing Tested
New research reveals how slight script tweaks increased
response by 31%
We’re sharing on Twitter!
#WebClinic
Today’s speakers
Dave Green
Director
Partner Relationships
MECLABS
@DaveGreenLeads
Austin McCraw
Director
Content Production
MECLABS
@McOptimize
Background: A large well-known insurance carrier.
Goal: To increase the number of lead responses to a scripted voicemail.
Research Question: Which voicemail script will generate the most lead responses?
Test Design: A/B single factor split test
Experiment ID: Pending
Record Location: MECLABS Research Library
Research Partner: (Protected)
Experiment: Background
Experiment: Treatment A
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. We are currently
the fifth largest life insurance carrier in the
nation offering competitive rates and
solutions to help ease administration
burdens. When we last spoke, you told me
that you work with a broker for your price
quotes for the group life benefits. I would
like to get your broker contact information in
order to be in consideration when they next
do their evaluations for you.
Treatment A
Experiment: Treatment B
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a broker
for your price quotes for the group life benefits.
Since we do not nationally advertise and may
not have had the opportunity to work with
your consultant, we would like to share our
information with them. I would like to get your
broker contact information in order to be in
consideration when they next do their
evaluations for you.
Treatment B
Experiment: Side-by-side
Treatment A
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. We are currently
the fifth largest life insurance carrier in the
nation offering competitive rates and
solutions to help ease administration
burdens. When we last spoke, you told me
that you work with a broker for your price
quotes for the group life benefits. I would
like to get your broker contact information in
order to be in consideration when they next
do their evaluations for you.
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a broker
for your price quotes for the group life benefits.
Since we do not nationally advertise and may
not have had the opportunity to work with
your consultant, we would like to share our
information with them. I would like to get your
broker contact information in order to be in
consideration when they next do their
evaluations for you.
Treatment B
Treatments Conversion Rate % Rel. Change
Control Voicemail 50% --
Treatment Voicemail 65% 30.8%
Increase in lead responses31%The treatment voicemail increased broker handoffs by 30.8%.
Experiment: Results
Experiment: Treatment
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a broker
for your price quotes for the group life benefits.
Since we do not nationally advertise and may
not have had the opportunity to work with
your consultant, we would like to share our
information with them. I would like to get your
broker contact information in order to be in
consideration when they next do their
evaluations for you.
Treatment B
Why did the wording in
Treatment B outperform
Treatment A?
FKey Principles
1. Lead nurturing is a process, not an event. The necessary timing allows for the
necessary forming – the forming of the final conclusion.
What you need to understand
Only 36% of marketers nurture leads
The potential ROI of lead nurturing
On average, organizations that
nurture leads experience
a 45% lift in lead generation
ROI over organizations that do
not.
ROI WITH
NURTURING
ROI W/OUT
NURTURING
45%IN AVG. ROI
FKey Principles
1. Lead nurturing is a process, not an event. The necessary timing allows for the
necessary forming – the forming of the final conclusion.
2. The “final conclusion” is different from the macro-yes, for the conclusion must
precede a macro-yes. In the nurturing process, the marketing team fosters a
conclusion – the sales team converts it to a “yes.”
What you need to understand
g=9.81m/s2
1. The funnel is often presented as one
potentially useful analogy for
marketing. It is in fact, the primary
analogy. All marketing should
influence a decision.
The inverted funnel
g=9.81m/s2
1. The funnel is often presented as one
potentially useful analogy for
marketing. It is in fact, the primary
analogy. All marketing should
influence a decision.
2. The funnel analogy distorts reality.
People are not falling into your
funnel, they are falling out. The
funnel must be inverted.
The inverted funnel
1. The funnel is often presented as one
potentially useful analogy for
marketing. It is in fact, the primary
analogy. All marketing should
influence a decision.
2. The funnel analogy distorts reality.
People are not falling into your
funnel, they are falling out. The
funnel must be inverted.
3. People don’t travel down the center
of the funnel. People are climbing up
the sides.
g=9.81m/s2
The inverted funnel
(Mi)YES
(Ma)YES
Y
ValueProposition
Business Software Suite
#1 On-Demand. 6459+ World Clients
Award-Winning Solution. Free Trial
www.XXXXXXXXXX.com/Business
PPC Ad
Landing Page
Sales Call
(Mi)YES
(Mi)YES
(Mi)YES
(Mi)YES
(Mi)YES
(Mi)YES
(Mi)YES
(Mi)YES
The inverted funnel
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a broker
for your price quotes for the group life benefits.
Since we do not nationally advertise and may
not have had the opportunity to work with
your consultant, we would like to share our
information with them. I would like to get your
broker contact information in order to be in
consideration when they next do their
evaluations for you.
Treatment B
How was the wording in
Treatment B more effective
at fostering a conclusion?
Experiment: Treatment
Today, we are going to walk through the three cognitive
levers we pulled in the voicemail to foster a conclusion.
LEVER #1 LEVER #2 LEVER #3
LEVER #1 LEVER #2 LEVER #3
LEVER #1: We ANCHORED THE MESSAGE TO THE CONTEXT
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. We are currently
the fifth largest life insurance carrier in the
nation offering competitive rates and
solutions to help ease administration
burdens. When we last spoke, you told me
that you work with a broker for your price
quotes for the group life benefits. I would
like to get your broker contact information in
order to be in consideration when they next
do their evaluations for you.
Not this
LEVER #1: Anchor the message to the context
LEVER #1 LEVER #2 LEVER #3
• The first script from the
experiment begins selling right
away without any context for
the call.
• Our analysts hypothesized that
by providing more context and
justifying the reason for the
call, prospects would be more
likely to respond.
LEVER #1: Anchor the message to the context
LEVER #1 LEVER #2 LEVER #3
• In the new script, context is
immediately provided by
mentioning a previous call.
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a
broker for your price quotes for the group life
benefits. Since we do not nationally advertise
and may not have had the opportunity to work
with your consultant; we would like to share
our information with them. I would like to get
your broker contact information in order to be
in consideration when they next do their
evaluations for you.
But this
31%In Conversions
Experiment IDs: TP2083
Record Location: MECLABS Research Library
Research Partner: (Protected)
Background: A large event management software provider.
Goal: To increase total lead inquiries (phone calls and form sign-ups) from visitors who
abandoned the free trial sign-up process.
Primary Research Question: Which email tone will result in a higher rate of lead
inquiries?
Approach: A/B single factor split test
LEVER #1 LEVER #2 LEVER #3
Experiment: Background
Subject Line: Your Free Company Access
Dear [Name],
You’re just one step away from getting FREE access to [company], our award-winning
Event Registration and Management Software. Quickly make an event website, try our
event marketing tools, build a registration form template or even generate custom name
badges.
Click here to finish your profile and get started. Your personal profile is kept secure and
we promise NEVER to sell or misuse your information.
Have questions? Call us direct at 1-800-XXX-XXXX -- we can even set up your free access
over the phone.
Sincerely,
Jon Powell
Customer Service Representative
• The original nurture email
gives little to no reason
for the message. Again,
the first paragraph goes
directly to selling.
LEVER #1 LEVER #2 LEVER #3
Experiment: Control
Subject Line: Your Free Company Access
Hi [First],
I noticed that you started the process of getting free access to [Company] but
weren’t able to finish. Are you concerned about giving out your phone number? Are
you worried about high pressure sales tactics or mandatory contracts?
We believe our product sells itself, so we’re just here to provide you with whatever
assistance you need in getting your event up and running -- in whatever way works
best for you. We promise NEVER to sell or misuse your information.
Call me direct at 1-800-XXX-XXXX and I can help get you rolling. If you’d rather just
try again online, use this link instead.
Thank you in advance for your trust!
Sincerely,
Jon Powell
Customer Service Representative
• The treatment provides
an exact reason for the
email send. (I noticed you
started … but weren’t
able to finish.)
• Furthermore, the context
provided perfectly sets up
the prospect to receive
the rest of the email.
LEVER #1 LEVER #2 LEVER #3
Experiment: Treatment
Dear [Name],
You’re just one step away from getting FREE access to [company], our award-winning
Event Registration and Management Software. Quickly make an event website, try our
event marketing tools, build a registration form template or even generate custom name
badges.
Click here to finish your profile and get started. Your personal profile is kept secure and
we promise NEVER to sell or misuse your information.
Have questions? Call us direct at 1-800-XXX-XXXX -- we can even set up your free access
over the phone.
Sincerely,
Jon Powell
Customer Service Representative
Hi [First],
I noticed that you started the process of getting free access to [Company] but weren’t
able to finish. Are you concerned about giving out your phone number? Are you worried
about high pressure sales tactics or mandatory contracts?
We believe our product sells itself, so we’re just here to provide you with whatever
assistance you need in getting your event up and running -- in whatever way works best
for you. We promise NEVER to sell or misuse your information.
Call me direct at 1-800-XXX-XXXX and I can help get you rolling. If you’d rather just try
again online, use this link instead.
Thank you in advance for your trust!
Sincerely,
Jon Powell
Customer Service Representative
Control
Treatment
LEVER #1 LEVER #2 LEVER #3
Experiment: Side-by-side
Design Conv. Rate
Control 1.58%
Treatment 7.08%
% Relative Change: 349.41%
Relative increase in lead inquiries349%The treatment increased lead inquiry rate by 349.41%
LEVER #1 LEVER #2 LEVER #3
Experiment: Results
Live optimization
LEVER #1 LEVER #2 LEVER #3
Primary Audience
Customer experience
research council
members
Primary Objective
Event invite
http://bit.ly/1msZtTT
LEVER #2: WE CONNECTED THE VALUE PROPOSITION TO THE PROSPECT
LEVER #1 LEVER #2 LEVER #3
1
3
2
Question: If I am [PROSPECT A], why should I buy from you rather than
any of your competitors?
Question: If I am your ideal prospect, why should I buy from you rather
than any of your competitors?
Question: If I am [PROSPECT A], why should I buy this product rather
than any other product?
Question: If I am [PROSPECT A], why should I click this PPC ad rather
than any other PPC ad?
Prospect B
PRODUCT
#3
PRODUCT
#4
PRODUCT
#1
PRODUCT
#2
PRODUCT
#3
PRODUCT
#4
PRODUCT
#2
PRODUCT
#3
PRODUCT
#4
Primary
Value
Proposition
Conversion steps
associated with a
specific product
PRODUCT
#2
The Value Proposition Spectrum
PROSPECT-LEVEL
PROCESS-LEVEL
PRODUCT
#1
PRODUCT
#1
PRODUCT-LEVEL
LEVER #2: Connect the value prop to prospect
To learn more about derivative value
propositions, see the MELCABS course:
MECLABS.com/ValueProp
1
3
2
Question: If I am [PROSPECT A], why should I buy from you rather than
any of your competitors?
Question: If I am your ideal prospect, why should I buy
from you rather than any of your competitors?
Question: If I am [PROSPECT A], why should I buy this product rather
than any other product?
Question: If I am [PROSPECT A], why should I click this PPC ad rather
than any other PPC ad?
PRODUCT
#3
PRODUCT
#4
PRODUCT
#1
PRODUCT
#2
PRODUCT
#3
PRODUCT
#4
PRODUCT
#2
PRODUCT
#3
PRODUCT
#4
Conversion steps
associated with a
specific product
PRODUCT
#2
The Value Proposition Spectrum
PROCESS-LEVEL
PRODUCT
#1
PRODUCT
#1
PRODUCT-LEVEL
LEVER #2: Connect the value prop to prospect
Prospect B
Primary
Value
Proposition
PROSPECT-LEVEL
To learn more about derivative value
propositions, see the MELCABS course:
MECLABS.com/ValueProp
If I am the CEO, why should I be interested in your product rather than
any other solution?
If I am a business manager tasked with finding a solution, why should I
be interested in your product rather than any other solution?
If I am an IT server admin, why should I be interested in your product
rather than any other solution?
LEVER #2: Connect the value prop to prospect
• The original voicemail messaging
focused on the primary-level value
proposition of the company.
• However, after conducting
qualitative research concerning
the specific motivations of the
prospect, we hypothesized that
they:
1. Had a high degree of anxiety when
they felt they were “being sold”
2. Had little interest in learning about
an insurance company
3. Simply desired to redirect us to their
broker
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. We are currently
the fifth largest life insurance carrier in the
nation offering competitive rates and
solutions to help ease administration
burdens. When we last spoke, you told me
that you work with a broker for your price
quotes for the group life benefits. I would
like to get your broker contact information in
order to be in consideration when they next
do their evaluations for you.
Not this
LEVER #2: Connect the value prop to prospect
LEVER #1 LEVER #2 LEVER #3
• The treatment script included a
new sentence that further justified
why we were calling and made a
more prospect-level appeal of
letting us “work with your
consultant” instead of doing the
work yourself.
But this
Hello, ___, my name is Lisa and I am calling
with [Insurance Company]. When we last
spoke, you told me that you work with a broker
for your price quotes for the group life benefits.
Since we do not nationally advertise and may
not have had the opportunity to work with
your consultant, we would like to share our
information with them. I would like to get your
broker contact information in order to be in
consideration when they next do their
evaluations for you.
LEVER #2: Connect the value prop to prospect
LEVER #1 LEVER #2 LEVER #3
31%In Conversions
Experiment ID: TP1483
Record Location: MECLABS Research Library
Research Partner: Sermo
Background: The largest physicians-only social network that allows pharmaceutical companies to conduct
survey research and promote products to their audience.
Goal: To increase lead rate on the content marketing landing page.
Research Question: Which landing page will capture the most leads?
Test Design: A/B multifactor split test
Experiment: Background
LEVER #1 LEVER #2 LEVER #3
• The control page focused mainly on the product-
level value proposition of a single free report.
• While it follows many of the best practices of a
landing page, the researchers at Sermo
hypothesized that they might be focusing on the
wrong level of value proposition.
Experiment: Control
LEVER #1 LEVER #2 LEVER #3
• In the treatment, the researchers at Sermo
focused on the broader prospect-level value
proposition.
• The content on the page displays several
reports that the prospect might be interested
in.
Experiment: Treatment
LEVER #1 LEVER #2 LEVER #3
Control
Treatment
197%In Lead Rate
Experiment: Side-by-side
LEVER #1 LEVER #2 LEVER #3
First Visit Repeat Visits
Design Lead Rate Rel. Diff Lead Rate Rel. Diff
Control 33.3% - 18.2% -
Treatment 27.2% - 6.1% 54.1% 197%
% Relative Change: 197%
Increase in lead rates197%By increasing the number of available reports, there was an increase in lead rates for
returning visitors by 197%.
Experiment: Results
LEVER #1 LEVER #2 LEVER #3
The answers to prospect-level value propositions will vary based on:
Factor CEO Manager IT Admin
Objective
What are the prospects main
goals and desired outcomes?
I must increase the
financial performance of
my organization
I must achieve X amount
of revenue by the end of
the year
I must implement and
manage all technology
solutions/products
Motivation
What core motivations drives this
prospect’s actions?
I want to be featured as a
key leader in the industry
I want to get a
significant promotion by
the end of the year
I would like to get
home at a decent hour
Experience
What are the past experiences of
the prospect?
Has tried many similar
solutions in the past
Has not tried any related
solutions in the past
Has heard that
solution is difficult to
manage
Authority
What level of authority does the
prospect have to make decisions?
Has full authority
Must get expressed
permission for any
expense exceeding
$10,000
Can only provide
feedback on resource
requirements
Personality
What is the personality of the
prospect?
Serious, Dominant,
Aggressive, Decisive
Analytical, Empathetic,
Energetic, Relational
Cynical, Sarcastic,
Indecisive
Prospect-level value propositions
LEVER #1 LEVER #2 LEVER #3
See the MECLABS courses
MECLABS.com/Training/Online-Course
Live optimization
LEVER #1 LEVER #2 LEVER #3
Primary Audience
Primary Objective
Lead capture form
Team event planners
http://bit.ly/1h6c0Jy
LEVER #1 LEVER #2 LEVER #3
LEVER #3: WE ALIGNED THE ARGUMENT TO THE “ASK”
Exposition
Climax
Resolution
Beginning (The Setup) Middle (The Confrontation) End (The Resolve)
ACT 1 ACT 2 ACT 3
Climax
Rising Act.
Resolution /Exposition
Falling Act.
SUB STORY
People’s thoughts arrange themselves in story, therefore you must ensure that you no only have the
right message, but that it is sequenced at the right time.
LEVER #3: Align the argument to the “ask”
LEVER #1 LEVER #2 LEVER #3
Experiment: Control
We are currently the fifth largest life insurance
carrier in the nation offering competitive rates and
solutions to help ease administration burdens.
When we last spoke, you told me that you work
with a broker for your price quotes for the group
life benefits.
I would like to get your broker contact information
in order to be in consideration when they next do
their evaluations for you.
Hello, ___, my name is Lisa and I am calling with
[Insurance Company].
LEVER #1 LEVER #2 LEVER #3
The voicemail opens with a
normal introduction.
1
Experiment: Control
We are currently the fifth largest life insurance
carrier in the nation offering competitive rates and
solutions to help ease administration burdens.
When we last spoke, you told me that you work
with a broker for your price quotes for the group
life benefits.
I would like to get your broker contact information
in order to be in consideration when they next do
their evaluations for you.
Hello, ___, my name is Lisa and I am calling with
[Insurance Company].
LEVER #1 LEVER #2 LEVER #3
However, the next logical
step is not the next
sentence. It is buried further
down.
2
1
Experiment: Control
We are currently the fifth largest life insurance
carrier in the nation offering competitive rates and
solutions to help ease administration burdens.
When we last spoke, you told me that you work
with a broker for your price quotes for the group
life benefits.
I would like to get your broker contact information
in order to be in consideration when they next do
their evaluations for you.
Hello, ___, my name is Lisa and I am calling with
[Insurance Company].
LEVER #1 LEVER #2 LEVER #3
The next logical step would
be to state the company
value just before the final
“ask.”
23
Only then could we make a
logical “ask.”
1
4
• The treatment script
logically aligns every
sentence into a careful
argument.
• That argument is just
enough to give the final ask
31% more force than the
control.
But this
Hello, ___, my name is Lisa and I am calling with
[Insurance Company].
When we last spoke, you told me that you work
with a broker for your price quotes for the group
life benefits.
Since we do not nationally advertise and may not
have had the opportunity to work with your
consultant; we would like to share our
information with them.
I would like to get your broker contact
information in order to be in consideration when
they next do their evaluations for you.
LEVER #1 LEVER #2 LEVER #3
1
2
3
4
31%In Conversions
Experiment: Treatment
Background: A physicians-only social network that allows medical product companies
to conduct first-hand research on potential purchasers.
Goal: To increase the number of leads from a rented trade publication list.
Research Question: Which email design will generate the most opens, clicks?
Test Design: Multifactorial sequential test on a trade publication list
Research Partner: Sermo
Record Location: MECLABS Research Library
Experiment ID: TP2081
Experiment: Background
LEVER #1 LEVER #2 LEVER #3
Control
• This email, though above average in
many respects, still has conflated its
objective with the objective of the
landing page.
• It’s also asking for too much at this
stage in the conversion process.
Experiment: Control
LEVER #1 LEVER #2 LEVER #3
Treatment
• This email, however, uses
each section of the content
to guide the reader through
a logical series of micro-
conversions.
• The call-to-action asks for
just the right amount of
commitment at this stage
of the conversion process.
Experiment: Treatment
LEVER #1 LEVER #2 LEVER #3
Control Treatment
Experiment: Side-by-side
LEVER #1 LEVER #2 LEVER #3
Design Clickthrough Rate
Control 1.55%
Treatment 3.16%
% Relative Change: 104%
Relative increase in lead inquiries104%The treatment increased nurture email clickthrough by 104%.
Experiment: Results
LEVER #1 LEVER #2 LEVER #3
Live optimization
Primary Audience
Primary Objective
Click to website to get
more details
Projects that require in-
house fabrications
http://bit.ly/1juZkz3
LEVER #1 LEVER #2 LEVER #3
Summary: Putting it all together
FKey Principles
Lever #1: Anchor the message to the context
 Is the message clear to your prospect?
 Have you justified the reason of the message?
Lever #2: Connect the value proposition to the prospect
 Is the message relevant to the prospect?
 Does the message appeal to your prospect?
Lever #3: Align the argument to the “ask”
 Is there a clear and logical argument in your material?
 Does the “ask” logically flow from your argument?
Next Clinic: Background
Background: A large, well-known financial consultancy.
Goal: To increase the number of clickthroughs on the landing page.
Research Question: Which page will generate the highest clickthrough rate?
Test Design: A/B multifactorial split test
Experiment ID: TP1464
Record Location: MECLABS Research Library
Research Partner: (Protected)
Next Clinic: Version A
Version A
Next Clinic: Version B
Version B
Next Clinic: Side-by-side
Version A
Version B
Live April 9 at 4:00 p.m. EDT
• The exact page changes with before and after versions
• The transferable key principles behind the changes
• How to apply the same principles to your pages
Join the special one-hour Web clinic
To see the results
To join live, register at the link below:
MarketingExperiments.com/LiveOptimization52
See how you can conduct research with us
MECLABS conducts rigorous experiments in the new science of optimization. We apply our
discoveries to help leaders optimize the financial performance of their sales and
marketing programs.
Learn more about how you may be a fit for
a MECLABS Research Partnership:
• Select Research Partnership
Opportunities on the post-webinar
survey
• Contact us directly
info@MECLABS.com
1-877-635-0565
x

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Lead Nurturing Tested: New research reveals how slight script tweaks increased response by 31%

  • 1. Lead Nurturing Tested New research reveals how slight script tweaks increased response by 31%
  • 2. We’re sharing on Twitter! #WebClinic
  • 3. Today’s speakers Dave Green Director Partner Relationships MECLABS @DaveGreenLeads Austin McCraw Director Content Production MECLABS @McOptimize
  • 4. Background: A large well-known insurance carrier. Goal: To increase the number of lead responses to a scripted voicemail. Research Question: Which voicemail script will generate the most lead responses? Test Design: A/B single factor split test Experiment ID: Pending Record Location: MECLABS Research Library Research Partner: (Protected) Experiment: Background
  • 5. Experiment: Treatment A Hello, ___, my name is Lisa and I am calling with [Insurance Company]. We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Treatment A
  • 6. Experiment: Treatment B Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Treatment B
  • 7. Experiment: Side-by-side Treatment A Hello, ___, my name is Lisa and I am calling with [Insurance Company]. We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Treatment B
  • 8.
  • 9. Treatments Conversion Rate % Rel. Change Control Voicemail 50% -- Treatment Voicemail 65% 30.8% Increase in lead responses31%The treatment voicemail increased broker handoffs by 30.8%. Experiment: Results
  • 10. Experiment: Treatment Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Treatment B Why did the wording in Treatment B outperform Treatment A?
  • 11. FKey Principles 1. Lead nurturing is a process, not an event. The necessary timing allows for the necessary forming – the forming of the final conclusion. What you need to understand
  • 12. Only 36% of marketers nurture leads
  • 13. The potential ROI of lead nurturing On average, organizations that nurture leads experience a 45% lift in lead generation ROI over organizations that do not. ROI WITH NURTURING ROI W/OUT NURTURING 45%IN AVG. ROI
  • 14. FKey Principles 1. Lead nurturing is a process, not an event. The necessary timing allows for the necessary forming – the forming of the final conclusion. 2. The “final conclusion” is different from the macro-yes, for the conclusion must precede a macro-yes. In the nurturing process, the marketing team fosters a conclusion – the sales team converts it to a “yes.” What you need to understand
  • 15. g=9.81m/s2 1. The funnel is often presented as one potentially useful analogy for marketing. It is in fact, the primary analogy. All marketing should influence a decision. The inverted funnel
  • 16. g=9.81m/s2 1. The funnel is often presented as one potentially useful analogy for marketing. It is in fact, the primary analogy. All marketing should influence a decision. 2. The funnel analogy distorts reality. People are not falling into your funnel, they are falling out. The funnel must be inverted. The inverted funnel
  • 17. 1. The funnel is often presented as one potentially useful analogy for marketing. It is in fact, the primary analogy. All marketing should influence a decision. 2. The funnel analogy distorts reality. People are not falling into your funnel, they are falling out. The funnel must be inverted. 3. People don’t travel down the center of the funnel. People are climbing up the sides. g=9.81m/s2 The inverted funnel
  • 18. (Mi)YES (Ma)YES Y ValueProposition Business Software Suite #1 On-Demand. 6459+ World Clients Award-Winning Solution. Free Trial www.XXXXXXXXXX.com/Business PPC Ad Landing Page Sales Call (Mi)YES (Mi)YES (Mi)YES (Mi)YES (Mi)YES (Mi)YES (Mi)YES (Mi)YES The inverted funnel
  • 19. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Treatment B How was the wording in Treatment B more effective at fostering a conclusion? Experiment: Treatment
  • 20. Today, we are going to walk through the three cognitive levers we pulled in the voicemail to foster a conclusion. LEVER #1 LEVER #2 LEVER #3
  • 21. LEVER #1 LEVER #2 LEVER #3 LEVER #1: We ANCHORED THE MESSAGE TO THE CONTEXT
  • 22. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Not this LEVER #1: Anchor the message to the context LEVER #1 LEVER #2 LEVER #3 • The first script from the experiment begins selling right away without any context for the call. • Our analysts hypothesized that by providing more context and justifying the reason for the call, prospects would be more likely to respond.
  • 23. LEVER #1: Anchor the message to the context LEVER #1 LEVER #2 LEVER #3 • In the new script, context is immediately provided by mentioning a previous call. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant; we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. But this 31%In Conversions
  • 24. Experiment IDs: TP2083 Record Location: MECLABS Research Library Research Partner: (Protected) Background: A large event management software provider. Goal: To increase total lead inquiries (phone calls and form sign-ups) from visitors who abandoned the free trial sign-up process. Primary Research Question: Which email tone will result in a higher rate of lead inquiries? Approach: A/B single factor split test LEVER #1 LEVER #2 LEVER #3 Experiment: Background
  • 25. Subject Line: Your Free Company Access Dear [Name], You’re just one step away from getting FREE access to [company], our award-winning Event Registration and Management Software. Quickly make an event website, try our event marketing tools, build a registration form template or even generate custom name badges. Click here to finish your profile and get started. Your personal profile is kept secure and we promise NEVER to sell or misuse your information. Have questions? Call us direct at 1-800-XXX-XXXX -- we can even set up your free access over the phone. Sincerely, Jon Powell Customer Service Representative • The original nurture email gives little to no reason for the message. Again, the first paragraph goes directly to selling. LEVER #1 LEVER #2 LEVER #3 Experiment: Control
  • 26. Subject Line: Your Free Company Access Hi [First], I noticed that you started the process of getting free access to [Company] but weren’t able to finish. Are you concerned about giving out your phone number? Are you worried about high pressure sales tactics or mandatory contracts? We believe our product sells itself, so we’re just here to provide you with whatever assistance you need in getting your event up and running -- in whatever way works best for you. We promise NEVER to sell or misuse your information. Call me direct at 1-800-XXX-XXXX and I can help get you rolling. If you’d rather just try again online, use this link instead. Thank you in advance for your trust! Sincerely, Jon Powell Customer Service Representative • The treatment provides an exact reason for the email send. (I noticed you started … but weren’t able to finish.) • Furthermore, the context provided perfectly sets up the prospect to receive the rest of the email. LEVER #1 LEVER #2 LEVER #3 Experiment: Treatment
  • 27. Dear [Name], You’re just one step away from getting FREE access to [company], our award-winning Event Registration and Management Software. Quickly make an event website, try our event marketing tools, build a registration form template or even generate custom name badges. Click here to finish your profile and get started. Your personal profile is kept secure and we promise NEVER to sell or misuse your information. Have questions? Call us direct at 1-800-XXX-XXXX -- we can even set up your free access over the phone. Sincerely, Jon Powell Customer Service Representative Hi [First], I noticed that you started the process of getting free access to [Company] but weren’t able to finish. Are you concerned about giving out your phone number? Are you worried about high pressure sales tactics or mandatory contracts? We believe our product sells itself, so we’re just here to provide you with whatever assistance you need in getting your event up and running -- in whatever way works best for you. We promise NEVER to sell or misuse your information. Call me direct at 1-800-XXX-XXXX and I can help get you rolling. If you’d rather just try again online, use this link instead. Thank you in advance for your trust! Sincerely, Jon Powell Customer Service Representative Control Treatment LEVER #1 LEVER #2 LEVER #3 Experiment: Side-by-side
  • 28. Design Conv. Rate Control 1.58% Treatment 7.08% % Relative Change: 349.41% Relative increase in lead inquiries349%The treatment increased lead inquiry rate by 349.41% LEVER #1 LEVER #2 LEVER #3 Experiment: Results
  • 29. Live optimization LEVER #1 LEVER #2 LEVER #3 Primary Audience Customer experience research council members Primary Objective Event invite http://bit.ly/1msZtTT
  • 30. LEVER #2: WE CONNECTED THE VALUE PROPOSITION TO THE PROSPECT LEVER #1 LEVER #2 LEVER #3
  • 31. 1 3 2 Question: If I am [PROSPECT A], why should I buy from you rather than any of your competitors? Question: If I am your ideal prospect, why should I buy from you rather than any of your competitors? Question: If I am [PROSPECT A], why should I buy this product rather than any other product? Question: If I am [PROSPECT A], why should I click this PPC ad rather than any other PPC ad? Prospect B PRODUCT #3 PRODUCT #4 PRODUCT #1 PRODUCT #2 PRODUCT #3 PRODUCT #4 PRODUCT #2 PRODUCT #3 PRODUCT #4 Primary Value Proposition Conversion steps associated with a specific product PRODUCT #2 The Value Proposition Spectrum PROSPECT-LEVEL PROCESS-LEVEL PRODUCT #1 PRODUCT #1 PRODUCT-LEVEL LEVER #2: Connect the value prop to prospect To learn more about derivative value propositions, see the MELCABS course: MECLABS.com/ValueProp
  • 32. 1 3 2 Question: If I am [PROSPECT A], why should I buy from you rather than any of your competitors? Question: If I am your ideal prospect, why should I buy from you rather than any of your competitors? Question: If I am [PROSPECT A], why should I buy this product rather than any other product? Question: If I am [PROSPECT A], why should I click this PPC ad rather than any other PPC ad? PRODUCT #3 PRODUCT #4 PRODUCT #1 PRODUCT #2 PRODUCT #3 PRODUCT #4 PRODUCT #2 PRODUCT #3 PRODUCT #4 Conversion steps associated with a specific product PRODUCT #2 The Value Proposition Spectrum PROCESS-LEVEL PRODUCT #1 PRODUCT #1 PRODUCT-LEVEL LEVER #2: Connect the value prop to prospect Prospect B Primary Value Proposition PROSPECT-LEVEL To learn more about derivative value propositions, see the MELCABS course: MECLABS.com/ValueProp
  • 33. If I am the CEO, why should I be interested in your product rather than any other solution? If I am a business manager tasked with finding a solution, why should I be interested in your product rather than any other solution? If I am an IT server admin, why should I be interested in your product rather than any other solution? LEVER #2: Connect the value prop to prospect
  • 34. • The original voicemail messaging focused on the primary-level value proposition of the company. • However, after conducting qualitative research concerning the specific motivations of the prospect, we hypothesized that they: 1. Had a high degree of anxiety when they felt they were “being sold” 2. Had little interest in learning about an insurance company 3. Simply desired to redirect us to their broker Hello, ___, my name is Lisa and I am calling with [Insurance Company]. We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Not this LEVER #2: Connect the value prop to prospect LEVER #1 LEVER #2 LEVER #3
  • 35. • The treatment script included a new sentence that further justified why we were calling and made a more prospect-level appeal of letting us “work with your consultant” instead of doing the work yourself. But this Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant, we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. LEVER #2: Connect the value prop to prospect LEVER #1 LEVER #2 LEVER #3 31%In Conversions
  • 36. Experiment ID: TP1483 Record Location: MECLABS Research Library Research Partner: Sermo Background: The largest physicians-only social network that allows pharmaceutical companies to conduct survey research and promote products to their audience. Goal: To increase lead rate on the content marketing landing page. Research Question: Which landing page will capture the most leads? Test Design: A/B multifactor split test Experiment: Background LEVER #1 LEVER #2 LEVER #3
  • 37. • The control page focused mainly on the product- level value proposition of a single free report. • While it follows many of the best practices of a landing page, the researchers at Sermo hypothesized that they might be focusing on the wrong level of value proposition. Experiment: Control LEVER #1 LEVER #2 LEVER #3
  • 38. • In the treatment, the researchers at Sermo focused on the broader prospect-level value proposition. • The content on the page displays several reports that the prospect might be interested in. Experiment: Treatment LEVER #1 LEVER #2 LEVER #3
  • 39. Control Treatment 197%In Lead Rate Experiment: Side-by-side LEVER #1 LEVER #2 LEVER #3
  • 40. First Visit Repeat Visits Design Lead Rate Rel. Diff Lead Rate Rel. Diff Control 33.3% - 18.2% - Treatment 27.2% - 6.1% 54.1% 197% % Relative Change: 197% Increase in lead rates197%By increasing the number of available reports, there was an increase in lead rates for returning visitors by 197%. Experiment: Results LEVER #1 LEVER #2 LEVER #3
  • 41. The answers to prospect-level value propositions will vary based on: Factor CEO Manager IT Admin Objective What are the prospects main goals and desired outcomes? I must increase the financial performance of my organization I must achieve X amount of revenue by the end of the year I must implement and manage all technology solutions/products Motivation What core motivations drives this prospect’s actions? I want to be featured as a key leader in the industry I want to get a significant promotion by the end of the year I would like to get home at a decent hour Experience What are the past experiences of the prospect? Has tried many similar solutions in the past Has not tried any related solutions in the past Has heard that solution is difficult to manage Authority What level of authority does the prospect have to make decisions? Has full authority Must get expressed permission for any expense exceeding $10,000 Can only provide feedback on resource requirements Personality What is the personality of the prospect? Serious, Dominant, Aggressive, Decisive Analytical, Empathetic, Energetic, Relational Cynical, Sarcastic, Indecisive Prospect-level value propositions LEVER #1 LEVER #2 LEVER #3
  • 42. See the MECLABS courses MECLABS.com/Training/Online-Course
  • 43. Live optimization LEVER #1 LEVER #2 LEVER #3 Primary Audience Primary Objective Lead capture form Team event planners http://bit.ly/1h6c0Jy
  • 44. LEVER #1 LEVER #2 LEVER #3 LEVER #3: WE ALIGNED THE ARGUMENT TO THE “ASK”
  • 45. Exposition Climax Resolution Beginning (The Setup) Middle (The Confrontation) End (The Resolve) ACT 1 ACT 2 ACT 3 Climax Rising Act. Resolution /Exposition Falling Act. SUB STORY People’s thoughts arrange themselves in story, therefore you must ensure that you no only have the right message, but that it is sequenced at the right time. LEVER #3: Align the argument to the “ask” LEVER #1 LEVER #2 LEVER #3
  • 46. Experiment: Control We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. LEVER #1 LEVER #2 LEVER #3 The voicemail opens with a normal introduction. 1
  • 47. Experiment: Control We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. LEVER #1 LEVER #2 LEVER #3 However, the next logical step is not the next sentence. It is buried further down. 2 1
  • 48. Experiment: Control We are currently the fifth largest life insurance carrier in the nation offering competitive rates and solutions to help ease administration burdens. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. Hello, ___, my name is Lisa and I am calling with [Insurance Company]. LEVER #1 LEVER #2 LEVER #3 The next logical step would be to state the company value just before the final “ask.” 23 Only then could we make a logical “ask.” 1 4
  • 49. • The treatment script logically aligns every sentence into a careful argument. • That argument is just enough to give the final ask 31% more force than the control. But this Hello, ___, my name is Lisa and I am calling with [Insurance Company]. When we last spoke, you told me that you work with a broker for your price quotes for the group life benefits. Since we do not nationally advertise and may not have had the opportunity to work with your consultant; we would like to share our information with them. I would like to get your broker contact information in order to be in consideration when they next do their evaluations for you. LEVER #1 LEVER #2 LEVER #3 1 2 3 4 31%In Conversions Experiment: Treatment
  • 50. Background: A physicians-only social network that allows medical product companies to conduct first-hand research on potential purchasers. Goal: To increase the number of leads from a rented trade publication list. Research Question: Which email design will generate the most opens, clicks? Test Design: Multifactorial sequential test on a trade publication list Research Partner: Sermo Record Location: MECLABS Research Library Experiment ID: TP2081 Experiment: Background LEVER #1 LEVER #2 LEVER #3
  • 51. Control • This email, though above average in many respects, still has conflated its objective with the objective of the landing page. • It’s also asking for too much at this stage in the conversion process. Experiment: Control LEVER #1 LEVER #2 LEVER #3
  • 52. Treatment • This email, however, uses each section of the content to guide the reader through a logical series of micro- conversions. • The call-to-action asks for just the right amount of commitment at this stage of the conversion process. Experiment: Treatment LEVER #1 LEVER #2 LEVER #3
  • 54. Design Clickthrough Rate Control 1.55% Treatment 3.16% % Relative Change: 104% Relative increase in lead inquiries104%The treatment increased nurture email clickthrough by 104%. Experiment: Results LEVER #1 LEVER #2 LEVER #3
  • 55. Live optimization Primary Audience Primary Objective Click to website to get more details Projects that require in- house fabrications http://bit.ly/1juZkz3 LEVER #1 LEVER #2 LEVER #3
  • 56. Summary: Putting it all together FKey Principles Lever #1: Anchor the message to the context  Is the message clear to your prospect?  Have you justified the reason of the message? Lever #2: Connect the value proposition to the prospect  Is the message relevant to the prospect?  Does the message appeal to your prospect? Lever #3: Align the argument to the “ask”  Is there a clear and logical argument in your material?  Does the “ask” logically flow from your argument?
  • 57. Next Clinic: Background Background: A large, well-known financial consultancy. Goal: To increase the number of clickthroughs on the landing page. Research Question: Which page will generate the highest clickthrough rate? Test Design: A/B multifactorial split test Experiment ID: TP1464 Record Location: MECLABS Research Library Research Partner: (Protected)
  • 58. Next Clinic: Version A Version A
  • 59. Next Clinic: Version B Version B
  • 61. Live April 9 at 4:00 p.m. EDT • The exact page changes with before and after versions • The transferable key principles behind the changes • How to apply the same principles to your pages Join the special one-hour Web clinic To see the results To join live, register at the link below: MarketingExperiments.com/LiveOptimization52
  • 62. See how you can conduct research with us MECLABS conducts rigorous experiments in the new science of optimization. We apply our discoveries to help leaders optimize the financial performance of their sales and marketing programs. Learn more about how you may be a fit for a MECLABS Research Partnership: • Select Research Partnership Opportunities on the post-webinar survey • Contact us directly info@MECLABS.com 1-877-635-0565 x

Notes de l'éditeur

  1. If you want to hear and learn more from impactful tests like this one, you will want to make sure you are at Optimization Summit 2014. This annual 3-day event will take place at the beautiful TimesCenter this year in the heart of New York City. We wanted to make sure you knew and are able to take advantage of our early bird pricing special that ends tomorrow. This pricing will save you $500 on you summit ticket. This is a great learning opportunity for you and your team to get some tactical takeaways from e-commerce and subscription case studies that you can implement right when you get back to the office. Don’t forget to take advantage of this price and visit MECLABS.com/WebOpt for more information.
  2. Leona
  3. marketingexperiments.com/LiveOptimization52