Success Starts with the Data – B2B Marketing and Sales Tip #87
I just read a great post by Robert Rosenthal on his Freaking Marketing blog titled It’s the Data, Stupid. In his post, Robert says:
But there’s really just one variable that consistently makes or breaks direct marketing campaigns, and that’s data.
When I was a kid in this business, a mentor shared this maxim: send a so-so presentation to a great list and you may turn a profit, but send a great presentation to a shit list and you’re automatically dead.
Someone else gets it! I have been saying this for years. I don’t know how many millions of dollars I have seen (and also have myself) wasted on brilliant marketing campaigns that saw abysmal results because no one spent any time on the data. As we have gotten more sophisticated with the delivery of our marketing messages from direct mail to email and now through integrated marketing campaigns, the data has never been more important.
If marketers are out there wondering why their expensive marketing automation tool has not delivered increased response rates, it is because they are still pouring in garbage data. Garbage in, garbage out. Targeting is key – more customers in segments where you are winning is as key as the person you are trying to reach. 100% accurate contact data for the RIGHT person is money! If these automation tools are your marketing engine (ones like Marketo, Vtrenz, Eloqua, LoopFuse, Vertical Response, Exact Target, Constant Contact, Aprimo, etc. to name a few) then you need to fuel it with high-octane data, not sludge.
We started ReachForce to solve this very problem. I hope more marketers will realize that with quality contacts at the top of the funnel, truly targeted lead generation is possible, ultimately resulting in increased revenue. I applaud salesforce.com for driving the SFA (sales force automation) aspect of it as it has created a greater awareness on measurement – now it’s time for us B2B marketers to do the same, starting with the data.
Wednesday, April 9th, 2008











