try to buy nurture strategy
TRANSCRIPT
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Customer Acquisition: Your Try to Buy Nurture Strategy
Beth Lambert | @bethlambert | [email protected]
Rock Paper Digital
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Customer Acquisition:Try to Buy Nurture Strategy
Customer Acquistion Define Your Personas
Define Each Stage of the Customer Journey How does a Try to Buy model align to the customer journey?
Map Your Content Do you have the right content to support your Try to Buy Model?
Consider the stages of each Customer Journey
Complete the Content Inventory
Nurture Strategy for your Try to Buy model How does a Try to Buy model fit within your overall nurture strategy?
Free Trail Evaluation Campaign Negotiation Campaign Expired Member Free Trail Re-Engagement Campaign
Success Tactics
Client Examples: Docusign, Parature, Topsy & Concur
Define Your Personas
Define Your Customer Type: Persona & Buyer Journey Development
Complete the Persona & Buyer’s Journey Template
Define Each Stage of Your Customer Journey
Interest
Evaluate
Negotiate
Purchase
Learn
It’s About the Customer’s Journey
Sales & Marketing Effectiveness Determine Volume and Velocity
Questions
(Asked by Individual
s)
• Who are the suppliers for my need?
• What’s the scope of potential achievement?
• Where do I stand?• How can I easily
find out more?
• What do they offer?• Are their customers
achieving success?• Do they fit my need?• How can I easily
evaluate/demo?
• Do they meet my expectations?
• What do analysts say, are they a leader?
• Is company viable?• How do they
compare?• Why should I choose?• What’s the cost?
• Leading, solid product/company?
• Recommended by customers and analysts?
• Meets or exceeds my need?
• Can I afford to buy & implement?
• How can I easily purchase?
• Can I purchase via Web site?
• Who can I call?• Do they have a
partner in my area?
• Why buy now?
Experience
(Delivered to
Individuals)
• Blog articles• Social media• Webinars/
podcasts
• Email/Website• Social media• Telequal calls
• Email/Website• Inside Sales calls• Seminars
• Email/Website• Customer, analyst
references• Field Sales calls
• Email/Website• Field Sales calls• Partners
Content(Delivere
d to Individual
s)
• Ebooks, playbooks, and guides
• Product/service fact sheets
• Customer stories• Assessment tests• Press releases
• Company white paper
• Product spec sheets
• Customer stories• Self-guided demo• Ind/analyst reports• Educational tips
• Features/benefits• Gartner Quadrant• Fin. Press Releases• Competitive & cost
comparisons• Product awards• Seminar pres
• ROI calculator• Live demo• Customer
references• Product awards• Press releases• Seminar pres
• 1800# provided• Company.com
product• E-Shop product• Partner locator?• Promotions or
deals?
Evaluate
Justify
Purchase
Learn
?
Interest
The Customer’s Journey: Stage Definitions
Map Your Content
Interest
Evaluate
Negotiate
Purchase
Learn
It’s About the Customer’s Journey
Sales & Marketing Effectiveness Determine Volume and Velocity
Complete Your Content Inventory
Complete your Content Inventory Template
Nurture Strategy for Your Try to Buy Model
Lead Scoring
Where to Start?
Lead Nurture Progressive
3-4 Touches
Lead Nurture Accelerator
3-4 Touches
New Customer Program
2-3 Touches
Re-Engagement
Welcome Program
3-4 Touches
Interest
Evaluate
Justify
Purchase
Learn
Interest
Evaluate
Learn
New Welcome Program• 1st touch – Welcome • 2nd touch – Tell us about your
preferences and needs• 3rd touch – Sign up for trail
Referral Auto-responders
Free Trial- Evaluation CampaignsThree-touch drip Email campaigns by topic:• Tips & Tricks• Support & Service• Promotional Pricing / Bundling
Customer Follow-Up• 1st touch – Relevant case study and let us know if we can
help you• 2nd touch - Can I answer any questions for you? From rep
Newsletter
Competitive Loss Re-engagement• After 6 months of close• Benchmark study• Relevant case studies
Expired Trial Members Re-Engagement• New Features & Benefits• New Pricing
Evaluator Word of Mouth and Advocacy Network
SEM
Content Syndication
Inside Sales Prospecting
Social Media
Trade Shows/ Webinars
Campaign Map: Try to Buy Model
Lead Scoring
What’s the Difference?
New Customer Campaign
2-3 Touches
Welcome Campaign
3-4 Touches
Interest
Evaluate
Justify Purchase
Learn
Free Trail Evaluation Campaign
3-4 Touches
Negotiation Campaign3-4 Touches
Expired Trial Members Re-Engagement Campaign
(* consider FT Participation)
Success Tactics
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E10 BP Templates & User Configuration GuidesCreate a campaign in 3 clicks.
Download the guide book.
Start building!
Pick your template.
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Decision with your stakeholders:
Plan your Try to Buy Campaigns
• Plan your Campaign• Predict your possible
outcome• Discuss your Key
Performance Indicators• Define std. metrics within
Campaign Management
Action:
• Use the Campaign Planning Brief for high level objective, target audience etc.
• Use the Demand Generation Planning Tool to align assets, Eloqua segments etc. to predict the possible outcome
• Use Query Strings to help track your integrated marketing channel effectiveness
Do It: How to Use Capture referring Sources using Query Strings
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Decision with your stakeholders:
Audit and Align Your Content & Campaigns
• List and categorize the content you have and categorize by persona journey (buying cycle) stage focus on the Learn, Evaluate and Negotiate stages
• Create a Content Inventory (using template) to identify gaps and categorize content
Action:
• Create nurture campaigns based on content strategy for Free Trial-Evaluation; Expired Trial Members Re-Engagement and On-Boarding New Customers campaigns
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Mid Stage - Free Trail Evaluation Campaign(E10 BP Simple Nurture Template & User Configuration Guide)
E10 BP Simple Nurture Template & User Configuration Guide: Simple Nurture
Free Trail Participants
Tips & Tricks
Ratings & Reviews
Sign Up!
Next Steps
Contact Us
Content Flow
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Late Stage -Negotiation Campaign(E10 BP Simple Nurture Template & User Configuration Guide)
E10 BP Simple Nurture Template & User Configuration Guide: Simple Nurture
Free Trail Participants
Notification & Alerts
Pricing / Bundling
Extended Value
Personalized Communications
Content Flow
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Eloqua10 Best Practices User Configuration Guide: Re-Engagement Campaign
Expired Trial Members Re-Engagement Campaign(E10 BP Simple Re-Engagement Template & User Configuration Guide)
Engaged
Tips & Tricks
Sign Up!
Next Steps
Sales Follow-up
Not Engaged
New Features
New Pricing
Survey
Content Flow
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Decision with your stakeholders:
Enablement Sales & Support Teams
• Collect signature information from reps from whom automated emails will be sent
• Review/enhance your email preferences options
Action:
• Update Sales Rep. and Support Rep. User profiles within Eloqua
• Create Signature Layouts, Rules and use to send personalized emails
Client Examples
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DocuSign: “Advanced Nurturing System”
Challenge Solution Results
• Not optimizing communications to leads, trials or customers; Audience very diversed and wanted to market to the individual.
• Built out the buyers journey.
• Defined lead stage funnel definitions and SLA with sales team.
• Content mapping to find gaps; built new content
• Used Eloqua to build out an advanced nurturing system – not a program, with over 30 nurturing programs. Program uses filter and shared lists to determine what campaign the contact is in and transfer to another program if needed.
• DocuSign increased MRR by 117% and helped the company hit Q1 goals and exceed them in Q2!
• Reduced corporate churn by 25%. By making sure they reach out to those not using the product and providing them with videos and guides, they reduced churn and upped usage of the product.
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DocuSign: “Advanced Nurturing System”
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Next Steps
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1. Persona & Buyer’s Journey View the Power Hour:
Creating Buyer Personas Complete the
Persona & Buyer’s Journey Template
2. Communication Strategy based on Buyer’s Journey
View Power Hour: Nurturing Using Buyer Personas
Complete Content Inventory Template
3. E10 BP Templates & User Configuration Guides
Welcome campaign Simple Nurture campaign Re-Engagement campaign
Don’t worry. Sing ON!
Can’t live without good music?
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Questions?
Beth Lambert, Consultant
512.762.2187
Thank You!