10 tips to get on the inc 500: how two companies did...
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10 Tips to Get on the Inc 500:
How Two Companies Did It
Marketo
Content Marketing Institute
© 2012 Marketo, Inc.
Today’s Speakers
#Inc500Secrets
Jon Miller
VP Marketing and Co-Founder, Marketo Editor of Modern B2B Marketing blog
@jonmiller
Joe Pulizzi
Founder, Content Marketing Institute
@juntajoe
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
#365 1,021%
#78 3,545%
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
ABUNDANCE INFORMATION
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Wide top of funnel
Nurture until ready
Engage optimally Measure and optimize
Content marketing
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
Search Engine Optimization
Lead Generation
Social Media
STORYTELLING
#RevEngine @juntajoe #Inc500Secrets
Deliver content at all the right stages of the buying process
to attract and retain customers.
Subscribers continually show positive behaviors
throughout the year - purchase, sharing, attending
web events, subscribing, etc.
#RevEngine @juntajoe #Inc500Secrets
SUBSCRIBER ($21)
Paid Events Paid Content
Consulting
Site & Event Sponsors Email Webinars
Magazine
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
A Rising Tide Lifts All Ships
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
Define Your Hit List of Influencers
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
• Last five years – over 300 different guest posts, interviews or webinars
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
The latest full-length books on the discipline of content marketing.
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
50,000 followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000 followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000 followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000
followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000
followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000
followers/fans
#RevEngine @juntajoe #Inc500Secrets
50,000
followers/fans
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
#RevEngine @juntajoe #Inc500Secrets
Get Uncomfortable:
If you don’t feel like
you are going to run off
the road, you are not
driving fast enough.
http://taylordowns.com
How Marketo Does It
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Highly Efficient Revenue Engine
• 85% of revenue sourced by marketing
• Sales time spent selling = higher quotas
CAC Productivity
SaaS Average
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Staffing for Success
CMO (~45 heads)
Product / Customer Marketing
Content Top-of-Funnel
(TOFU)
Inbound / Social
Corporate Communications
Demand Gen
Middle-of-Funnel (MOFU)
Nurture / Score
Sales Development
Field Marketing
Alliances / Ecosystem
Operations
• ~7 FTE dedicated to Content, Inbound & Social
• Founder serves as “Managing Editor”, strategist, and evangelist
• Demand Generation done locally in the “field” (~11 FTE)
• Demand Center for Operations and best practices (~6 FTE)
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
But who is dancing? AT THE DANCE
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Lead Nurturing Relevance
1. BUYING STAGES • Early / Mid • Late (Opportunity) • Customer
2. PERSONA • Molly Marketer • Sam Sales • Jack Executive
Get The “Definitive Guide to Lead Nurturing”
http://bit.ly/DGtoLN
3. DYNAMIC CUSTOMIZATION • Industry Wrappers • Size Specific Examples • Localization
4-1-1 cadence
for content
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
A Framework for Lead Scoring
Explicit What the prospect tells you
Inferred What you observe or infer
Fit Are you inter-ested in them? Positive + Negative Factors
• Demographics (title)
• Firmographics (size)
• Data append
• Data quality
• Corporate email
• Geo Location
Interest Are they inter-ested in you?
• BANT • Behaviors (engagement)
• “Act Now” behaviors
Get The “Definitive Guide to Lead Scoring”
http://bit.ly/DGtoLS
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Lead Scoring - Examples
• Early stage content: +3 • Late stage content: +12 • Attend webinar: +5 • Visit any webpage: +1 • Visit careers pages: -10 • Searches for Marketo: +8 • Three website visits: +10
• Marketing Title +2 • Director/Executive +1 • Uses Salesforce.com +3 • Customer of Competitor +2 • Target Industry +3
• Generic Email Domain -1 • Bad Job Title -4
(intern, consultant, student unemployed, self, etc.)
• Missing Email -10
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Prioritizing Sales Time
• Free Trial form • Contact Me form • Visited the detailed
pricing page
𝐒𝐨𝐫𝐭 = 𝑩𝒆𝒉𝒂𝒗𝒊𝒐𝒓 + 𝑵𝒆𝒕 𝑫𝒆𝒎𝒐𝒈𝒓𝒂𝒑𝒉𝒊𝒄 ×𝑩𝒆𝒉𝒂𝒗𝒊𝒐𝒓
𝟏𝟎
• Viewed weekly live demo • Viewed deep dive demo • Viewed demo on AppExchange • Request live demo
Proving — and Improving —
Marketing’s Impact on Revenue
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Track All Touches Across People
Screenshot: Marketo Revenue Cycle Analytics
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Example: Multi-Touch Attribution
Screenshot: Marketo Revenue Cycle Analytics
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Revenue Cycle Modeler
Screenshot: Marketo Revenue Cycle Analytics
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Filter/Drill into data, e.g. by Program Type, Business Unit, Geography, etc.
Key topic areas: • Balance (Reach) • Flow • Conversion • Velocity
Trends over time
SLA violations
Screenshot: Marketo Revenue Cycle Analytics
#RevEngine @juntajoe #Inc500Secrets
1. Find your content niche!
2. Know your number (call to action).
3. More bricks, less feathers.
4. Take seriously the idea that you NEED TO BE the leading informational provider in your niche.
5. Help create rock stars!
#RevEngine © 2012 Marketo, Inc. @jonmiller #Inc500Secrets
Key Takeaways
1. The way buyers buy has changed forever – the way we market and sell must change as well
2. Invest in marketing to make sales more productive
3. Develop relationships with 81% prospects that aren’t yet to buy (123 day average)
4. Fit and interest are required for “win-ready” leads
5. Use analytics to turn marketing from a cost center into a revenue driver