building prospect relationships through inbound nurturing

42
Building Prospect Relationships through Inbound Nurturing Ellie Mirman

Upload: ellie-mirman

Post on 31-Aug-2014

3.114 views

Category:

Marketing


0 download

DESCRIPTION

The benefits of inbound nurturing, and steps to take to nurture leads through the sales and marketing funnel in an inbound way. Presented at the Inbound Marketing Bootcamp - May 21, 2014 - Neenah, WI.

TRANSCRIPT

Page 1: Building Prospect Relationships Through Inbound Nurturing

Building Prospect Relationships through Inbound Nurturing

Ellie Mirman

Page 2: Building Prospect Relationships Through Inbound Nurturing

When you do Inbound Marketing right, you attract potential customers early in the sales and marketing process.

Page 3: Building Prospect Relationships Through Inbound Nurturing

That means you need to nurture

those leads until they are qualified and ready to buy.

Page 4: Building Prospect Relationships Through Inbound Nurturing

Only 25% of leads are legitimate and should go to sales.

50% are qualified but not ready to buy.

Source: Gleanster Research

Page 5: Building Prospect Relationships Through Inbound Nurturing

Only 33% of B2B marketers say they have an effective lead nurturing process.

Source: Executive Benchmark Assessment Survey / DemandGen Report

Page 6: Building Prospect Relationships Through Inbound Nurturing

According to Forrester Research, companies that excel at lead nurturing are able to generate 50% more sales-ready leads at 33% lower the cost per lead.

Page 7: Building Prospect Relationships Through Inbound Nurturing

AGENDA

Benefits of Inbound Nurturing 1

2

3

5 Steps to Create a Successful Campaign

Inbound Nurturing Beyond the Inbox

Page 8: Building Prospect Relationships Through Inbound Nurturing

Benefits of Inbound Nurturing 1

Page 9: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately

9 Benefits of Lead Nurturing

35-50% of sales go to the vendor that responds first.

-InsideSales.com

Page 10: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership

9 Benefits of Lead Nurturing

Page 11: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication

9 Benefits of Lead Nurturing

66% of buyers indicate “consistent and relevant communication provided by both sales and marketing organizations” is a key influence in choosing a solution provider.

-Genius.com/DemandGen Report

Page 12: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain

9 Benefits of Lead Nurturing

Page 13: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities

9 Benefits of Lead Nurturing

Segmented emails get 50% more clicks.

-MarketingSherpa

Page 14: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities 6 Maintain or increase engagement

9 Benefits of Lead Nurturing

Page 15: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities 6 Maintain or increase engagement 7 Automate nurturing through sales cycle

9 Benefits of Lead Nurturing

Page 16: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities 6 Maintain or increase engagement 7 Automate nurturing through sales cycle 8 Find cross-sell and up-sell opportunities

9 Benefits of Lead Nurturing

Nurtured leads have 9% higher average deal size and 23% shorter sales cycle.

-Market2Lead

Page 17: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities 6 Maintain or increase engagement 7 Automate nurturing through sales cycle 8 Find cross-sell and up-sell opportunities 9 Encourage referrals/new lead generation

9 Benefits of Lead Nurturing

Page 18: Building Prospect Relationships Through Inbound Nurturing

1 Establish contact immediately 2 Build thought leadership 3 Maintain consistent communication 4 Identify interest/pain 5 Find segmentation opportunities 6 Maintain or increase engagement 7 Automate nurturing through sales cycle 8 Find cross-sell and up-sell opportunities 9 Encourage referrals/new lead generation

9 Benefits of Lead Nurturing

Page 19: Building Prospect Relationships Through Inbound Nurturing

5 Steps to Create a Successful Campaign 2

Page 20: Building Prospect Relationships Through Inbound Nurturing

Step 1: Understand Your Buyer Personas

Page 21: Building Prospect Relationships Through Inbound Nurturing

TIP:

Segment your nurturing by persona to tailor content to each persona’s specific challenges.

Page 22: Building Prospect Relationships Through Inbound Nurturing

39%

34%

28%

24%

24%

24%

21%

Increased Open Rates

Greater Email Relevance

Lower Opt-Out/Unsubscribe Rates

Better Deliverability

Increased Sales Leads

Greater Revenue

Greater Customer Retention % ofrespondents

EMAIL LIST SEGMENTATION RESULTS

SOURCE: LYRIS, INC.

Page 23: Building Prospect Relationships Through Inbound Nurturing

Step 2: Determine Your Goal

Page 24: Building Prospect Relationships Through Inbound Nurturing

TIP:

Your goal may differ at different stages of the funnel and different personas.

Page 25: Building Prospect Relationships Through Inbound Nurturing

POTENTIAL EMAIL GOALS:

• Generate new leads: enable sharing

• Follow up on offer download: kickback email

• Collect audience feedback: surveys

• Increase program awareness: informative copy

• Nurture leads further down the funnel: resources

• Facilitate sales process: CTA such as “call us”

• Educate customers about new features: overview

Page 26: Building Prospect Relationships Through Inbound Nurturing

Step 3: Map Content to Every Stage of the Funnel

5 Free Infographic Templates

Content Creation Kit for Inbound Marketing Campaigns

Request a Demo of Inbound Marketing Campaign Software

Case Studies, ROI reports, RFPs

Page 27: Building Prospect Relationships Through Inbound Nurturing

TIP:

Nurture leads with content that helps them solve their problems. This will build trust and encourage them to turn to you when they’re ready to make a purchase.

Page 28: Building Prospect Relationships Through Inbound Nurturing

Over 75% of email revenue is now generated by alternatives to generic

one-size-fits-all campaigns.

Personalized emails see 14% higher click-through rates and

10% more conversions.

SOURCE: ALCHEMY WORX: ABERDEEN GROUP

USE PERSONALIZATION

Page 29: Building Prospect Relationships Through Inbound Nurturing

Step 4: Set Up for Smarketing Success

Page 30: Building Prospect Relationships Through Inbound Nurturing

TIP:

Keep an open line of communication between Sales and Marketing at all times. Get feedback, understand their day-to-day, and set up the team for success.

Page 31: Building Prospect Relationships Through Inbound Nurturing

Step 5: Measure & Improve

Page 32: Building Prospect Relationships Through Inbound Nurturing

TIP:

Be diligent about having a metric for everything you do. This ensures that every activity has a purpose.

Page 33: Building Prospect Relationships Through Inbound Nurturing

1 Understand your buyer personas

2 Determine your goal

3 Create content for each stage of the funnel

4 Setup for smarketing success

5 Measure & improve

5 Steps to Create a Successful Campaign

Page 34: Building Prospect Relationships Through Inbound Nurturing

Inbound Nurturing Beyond the Inbox 3

Page 35: Building Prospect Relationships Through Inbound Nurturing

95% of online consumers use email; 91% check email at least once a day.

Email has longer lifespan than social media.

77% of consumers prefer email for marketing communications.

Email lets you be highly personal.

Email marketing has an ROI of 4300%.

1 There are more than 3.2 billion email accounts today.

6

2

3

4

5

**NOTE: If you’re viewing this deck on a PC, the numbers appear to not be centered. Don’t adjust them! This is to account for the reformatting that occurs when moving from a mac to a pc—they’ll look centered when recorded!

EMAIL NURTURING IS EFFECTIVE

SOURCE: EXACTTARGET (1,2), DIRECT MARKETING ASSOCIATION (4, 6)

Page 36: Building Prospect Relationships Through Inbound Nurturing

But people consume information in many ways.

Page 37: Building Prospect Relationships Through Inbound Nurturing

Social Nurturing

Page 38: Building Prospect Relationships Through Inbound Nurturing

Website Nurturing

Page 39: Building Prospect Relationships Through Inbound Nurturing

Retargeting

Page 40: Building Prospect Relationships Through Inbound Nurturing

1:1 Nurturing Leveraging Your Data

Page 41: Building Prospect Relationships Through Inbound Nurturing

Leverage all of your channels, your content, and your people to nurture inbound prospects into inbound customers.

Page 42: Building Prospect Relationships Through Inbound Nurturing

THANK YOU. [email protected]

twitter.com/ellieeille

linkedin.com/in/elliemirman