growth marketing: secrets for fueling bottom-line revenue

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Growth Marketing Secrets for Fueling Bottom-Line Revenue

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Page 1: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Growth MarketingSecrets for Fueling Bottom-Line Revenue

Page 2: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

About Meagan FrenchMeagan French is the

founder and president of Lotus Growth, a B2B demand generation and growth marketing agency in San Francisco. Her team helps tech companies implement growth marketing programs to grow the business, align sales and marketing, and drive revenue.

Page 3: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Client Roster:

Page 4: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

What is Growth Marketing?

Page 5: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

• What is growth marketing?

• What it looks like when growth stagnates?

• What are growth leaks?

• How to Fix it

Page 6: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 7: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Growth marketing is the practice of using data and agility to drive revenue.

Page 8: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

What it looks like when growth

stagnates

Page 9: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

What Stagnant Growth Looks like:

• You have a vague idea of what marketing is working and what’s not.

• Marketing campaigns are a large portion of the budget, but it results in few closed deals.

• Competitors are ranking better in organic search, and you suspect they are closing deals that should be yours.

Page 10: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 11: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

What are growth leaks?

Page 12: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

• Customer Acquisition• Sales pipeline (demand generation)• Website traffic and conversions

Page 13: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Growth leaks are sources of frustration where customer’s needs are not being met.

Page 14: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 15: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Fix Your Attribution

Page 16: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Where are Your Customers Coming From?

Page 17: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

You can’t fix what you can’t see.

Page 18: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Optimize your campaigns for as far down the sales

funnel as possible.

Page 19: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

* Source: Bizible’s 2015 State of Pipeline Marketing Report

Page 20: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Marketers that use marketing technology and attribution see a 2.8x ROI.

Page 21: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Marketing attribution allows you to see what’s working and what’s not

Page 22: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

• Which parts of the marketing or sales funnel are invisible?

• How does the team currently report on KPIs? What needs to change?

• How is this tracking going to be implemented

• What is the value of each conversion?• Which platforms will provide visibility into

which part of the funnel?

Page 23: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 24: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

OptimizE Your Funnel

Page 25: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Optimizing Your Funnel

• Acquisition

• Marketing Site Optimization

• Sales Cycle

• Onbording and Implementation

Page 26: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 27: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Acquisition

• Conduct an analysis of each channel by Cost per Acquisition

• Which can be eliminated or optimized?

• This is where attribution becomes really important.

Page 28: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Marketing Site Optimization

• Implement a/b testing with Optimizely or VWO

• Collect quantitative feedback

• Customize landing pages

Page 29: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Sales Cycle Optimization

• Analyze all leads coming into the top of the funnel, how many are junk?

• Improve sales and marketing alignment

• Develop sales enablement content

• Attribute opportunities and closed deals to source

Page 30: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Onbording Optimization

• Schedule customer success training sessions or webinars

• Create adoption guides and videos

• Create a drip campaign geared towards customer adoption

• Dig into customer service tickets to build better marketing content

Page 31: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Scale Growth

Page 32: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

This is what we think growth looks like:

Page 33: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

This is what campaigns look like:

Page 34: Growth Marketing: Secrets for Fueling Bottom-Line Revenue
Page 35: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

More often, we lack the resources to execute:

Page 36: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Or max out marketing channels:

Page 37: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

The broader and more scalable the channel, the less targeted it is.

Page 38: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

Overcoming Barriers to

Growth

Page 39: Growth Marketing: Secrets for Fueling Bottom-Line Revenue

• Find new channels

• Develop an agile marketing process

• Prioritize programs that produce the most return

• Institute weekly growth meetings to focus the team on revenue.

• Hire a consultant or contractor for short-term projects

Page 40: Growth Marketing: Secrets for Fueling Bottom-Line Revenue