8 charts to combat your boss's skepticism of inbound marketing

18
8 Charts to Combat Your Boss’s Skepticism of Inbound Marketing Data to Back Your Argument

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Page 1: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

8 C h a r t s t o C o m b a t Yo u r B o s s ’s

S k e p t i c i s m o f I n b o u n d M a r k e t i n g !

D a t a t o B a c k Yo u r A r g u m e n t

Page 2: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

77%

83.40%

34%

41.80%

10.80%

8.60% 6.40%

7.40%

Percentage of Online B2B Research!

Google Search

Supplier's Website

3rd Party Website

User Review of Products

Blogs

Social Media

I do not participate

Other

Source:2014  State  of  B2B  Procurement  Study,  Aquity  Group    

Page 3: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

By now, your boss has likely used online search for personal purchases. However, when it comes to your

company (assuming you are B2B), he/she is reluctant to invest in inbound and search engine marketing because the common myth is that B2B purchases aren’t the same as B2C. You know, though, that this is a false assumption,

and the chart on the previous slide shows that Google Search is utilized 77% of the time for online product

research even for B2B.

Page 4: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

0%  

10%  

20%  

30%  

40%  

50%  

60%  

70%  

Content  markeCng  is  a  subset  of  inbound  

markeCng  

They  are  synonyms   Inbound  markeCng  is  a  subset  of  content  

markeCng  

The  two  are  fundamentally  different  

Rela%onship  Between  Inbound  Marke%ng  &  Content  Marke%ng  According  to  HubSpot  Customer/Non-­‐Customer  Survey  

HubSpot  Customer  

Non  HubSpot  Customer  

Source:  State  of  Inbound,      HubSpot,  2014    

Page 5: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

While your boss may not be completely familiar with inbound marketing, content marketing is something that’s

surely come up in the board room. Since content marketing is likely more familiar to your boss, it may be easier to combat skepticism by explaining that content marketing is really just one tactic important to inbound marketing. And, your company will have an edge over

competitors who have yet to take advantage of all tactics of inbound marketing.

Page 6: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

0.00%  

500.00%  

1000.00%  

1500.00%  

2000.00%  

2500.00%  

3000.00%  

3500.00%  

Native Advertising vs. Inbound Marketing ROI!

Buzzfeed's  NaCve  AdverCsing  Campaign  

Fractl's  Content  MarkeCng  Campaign  

Source:  “The  Reach,  Engagement,  and  ROI  of  Content    MarkeCng  vs.  NaCve  AdverCsing  (New  Research)”,    MoZ,  2015    

Page 7: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

In a 2015 report from Fractl and Moz, the ROI in terms of shares, links and traffic generated from native advertising vs. inbound marketing was compared. Considering the high cost of native advertising, the chart on the previous

slide from this report shows that there is a higher ROI potential with content marketing, especially if your

company’s goals are to increase organic search rankings, drive brand awareness, and optimize for conversions.

Page 8: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

0"

5"

10"

15"

20"

25"

30"

35"

40"

Per

cen

t o

f R

esp

on

dan

ts

Inbound Marketing ROI

Inbound Marketing ROI!

Great ROI than previous year

Lower ROI than previous year

About the same as previous year

State  of  Inbound,  2014,  HubSpot  

 

Page 9: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

Of course, because marketers haven’t always had the best reputation of successfully proving the ROI of campaigns,

your boss’ main line of skepticism is going to be whether or not inbound marketing will be worth the investment. For

marketers already adopting it and surveyed in the State of Inbound Report, the evidence is clear that inbound

marketing produces a higher ROI than the previous year.

Page 10: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

0%  

10%  

20%  

30%  

40%  

50%  

60%  

0-­‐1K   1K-­‐10K   10K-­‐50K   50K-­‐100K   100K-­‐1M   1M-­‐5M   5M+  

Website  Visitors  per  Month  by  Revenue  Achievement  

Not  Achieving  Revenue  

Achieving  Revenue  

Exceeding  Revenue  

Demand  GeneraCon  Report    2014,  HubSpot    

Page 11: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

One of the main goals of inbound marketing is to increase visitors to your website. While your boss may push back

and say that website visitors do not equate to sales because not all visitors are your ideal buyers, you can

push back with this chart that shows revenue is correlated to the total number of website visitors.

Page 12: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

0%

10%

20%

30%

40%

50%

60%

70%

80%

1-100 100-500 500-1,000 1,000-2,500 2,500-5,000 5,000-10,000 10,000 +

Leads per Month by Revenue Achievement !

Not Achieving Revenue Achieving Revenue Exceeding Revenue

Demand  GeneraCon  Report,  2014,  HubSpot  

 

Page 13: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

Another main goal of inbound marketing is to increase lead conversions from your website. The chart on the previous

slide shows what your boss probably already knows – more leads means more revenue. What your boss may not

know, however, is that inbound marketing delivers 54 percent more leads into the funnel than outbound

marketing.

Page 14: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

14.60%

1.70%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00%

SEO leads

Outbound leads (e.g. direct mail or print advertising)

Close Rate of SEO Leads vs. Outbound Leads!

Source:  The  UlCmate  List  of  MarkeCng  StaCsCcs,  HubSpot    

Page 15: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

Not only does inbound marketing convert more leads than outbound marketing, but a major channel in inbound

marketing, SEO, actually has a 14X’s higher close rate than outbound marketing leads.

Page 16: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

$0##

$50##

$100##

$150##

$200##

$250##

Co

st

Pe

r L

ea

d

Company Size

Cost Per Lead!

Inbound Outbound $70  

$37  $27  

$102  

$220  

$45  

51-­‐200  1-­‐25   1,000+  

State  of  Inbound,  2014,  HubSpot  

Page 17: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

Your argument for the previous chart . . .!

By now, you’ve likely combatted your boss’ skepticism about inbound marketing, but if he/she is not convinced

yet, the cost per lead comparison should do the trick. For companies of any size, the cost per lead for inbound marketing is lower than outbound marketing, but the

biggest impact of inbound marketing on cost per lead is for companies between 51-200 employees.

Page 18: 8 Charts to Combat Your Boss's Skepticism of Inbound Marketing

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