The B2B Lead

B2B Marketing



What is Loopfuse? – Marketing Automation Who’s Who

Our customers, prospects and B2B Lead followers often ask us about marketing automation.  Since ReachForce targeted role-based leads are fed into many of these solutions we decided to give each of them an opportunity to explain their key benefits and features in their own words. Thanks to Matthew Quinlan (@mattquinlan) at LoopFuse for this post.

What is LoopFuse?

Sophistication Made Simple

LoopFuse was founded on the principle that marketing automation should be powerful yet simple. In fact, it was the founders’ experience of implementing a marketing automation system at JBoss that led directly to the creation of LoopFuse OneView. Some marketing automation vendors achieve power and flexibility, but at the expense of usability. Others have a fantastic user interface, but a shallow feature-set. LoopFuse OneView strikes the delicate balance between sophistication and simplicity by hiding complexity with integrated contextual help, intuitive defaults, and wizard-driven configuration.

In addition to making LoopFuse OneView easy to implement and easy to use, we also make it easy to buy. Our complete pricing list is publicly available from our website so that our prospects know exactly how much LoopFuse will cost before engaging our sales team. (Refreshing, isn’t it?) Even better, there are absolutely no hidden fees. No setup fees. No support fees. No per-user fees. No API fees. You can even pay by credit card. Try LoopFuse OneView with zero risk by signing up for a fully functional free trial on our website. Your account is immediately provisioned without ever speaking to a LoopFuse salesperson.

Lead Management

Target, track, capture, score, segment, nurture, route, convert, close, and analyze your leads in a single tool that tightly integrates with your CRM. Start with anonymous web activity collection that provides the basis for web analytics such as most popular pages, best referrers, search terms, and most active companies (via IP address). Collect registration data and convert anonymous visitors into identified prospects. Continuously evaluate the quality of each prospect according to his/her profile and behavior and route qualified prospects to the CRM. Nurture unqualified prospects by providing a constant drip of highly relevant and timely information (via email) to engage the prospect until they are ready to buy. Arm the salesperson with all of the relevant information necessary to close the deal. Finally, analyze the effectiveness of each lead source to determine the best use of your marketing dollars.

Sales Enablement

LoopFuse will automatically create new leads/contacts/tasks in the CRM based on the LeadFlow you define. Existing leads/contacts in the CRM are continuously updated with information such as lead score updates, new registration form data, email campaign activity, and latest web activity. Within 1-2 clicks the salesperson has access to every piece of data ever collected about a prospect, including the prospect’s company & location (even if prospect left it blank), and all of the activity (anonymous included) associated with the prospect’s company. The prospect data is further enriched with one-click access to the prospect’s LinkedIn profile as well as data about the company from Hoovers, Jigsaw, ZoomInfo, and Google. By adding a prospect to their watchlist, a salesperson can be immediately notified when the prospect visits the website. Calling a prospect while they are browsing your site ensures that you have their full attention.

Performance & Scalability

While much of our early success was concentrated within open-source companies, LoopFuse continues to add customers from traditional software companies, SAAS providers, media companies, etc. One of the advantages of having so many open-source customers early on was that it required us to build a highly scalable infrastructure to manage the millions of transactions (page views, emails, registrations, etc.) per day that result from our customers offering free software. This continues to be a strategic advantage for LoopFuse as we can easily scale to accommodate customers of any size.

Why LoopFuse?

  • Basic setup in less than 1 hour via configuration wizard
  • Unlimited database size at no extra charge!
  • Free trial to prove the value before you purchase
  • Because it works
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Monday, August 17th, 2009

 

Got a Clunker of a Leads Database…Trade Up

Amy Hawthorne
  • LinkedIn
  • Facebook
  • TwitThis
on August 13th, 2009
 

Is your database a clunker?  Is it sputtering to a stop just short of the finish line?   Taking a look at the contents of your clunker can have some huge benefits for you, it not only helps you save some green, it also can stimulate the revenue engine for your sales team.   Drag your clunker out of the garage and see how it measures up:

  1. Do you know how many of your contacts are duplicated? Saying you have 45,000 contacts is one thing, but if that is three copies of 15,000 people it’s not really a 45,000 contact database.  You aren’t reaching the number of people you want to be with duplicates in your database and you’re probably missing out on other contacts and companies who are ripe to hear your message.
  2. Are you marketing to the entire DMU (decision making unit)? Marketing Sherpa says that for purchases of $25k or more:
    • Companies with 100-500 employees, the DMU consists of 6.8 people who make buying decisions
    • Companies with 501-1000 employees, the DMU consists of 13.5 people
    • Companies over 1000 employees, the DMU consists of 21 people

    So the question is which, if any, of the 6.8/13.5/21 people are in your database?  Which ones are you missing, which ones are over a year old?

  3. How many email addresses are you missing? I’ll bet that’s an easy number for you to find, now can you tell me how many of the existing addresses are right or wrong?  Of those that are wrong, is it because there is something structurally (i.e. they are missing the ‘@’ sign or a ‘.com’) wrong or are they hard bouncing?  If you’re relying heavily on email marketing these are important things to know.  Having thousands of contacts is great, but thousands of contacts with only a few hundred accurate email addresses, not so great.
  4. According to Gartner, more than 30 million people out of the 138 million employed in the US will switch jobs in the next 12 months.  Do you know which of your contacts have been sitting in your database for 12 months or more? Do you know which of those are still employed with the same company, doing the same job?
  5. Do you know which companies in your database are in your target market? Is it easy to segment your database by company level information? If you’re missing industry information on your records you’re probably missing opportunities to include the right people (or companies) in your messages.

If you’ve been left with a few too many questions after reading this, that’s ok.  The good news is that a good data cleansing/appending service can fill in the gaps and help you turn your clunker into cash, or some serious elbow grease from an in-house team can really get the wheels turning.  SiriusDecisions reports that companies marketing to a database that is routed through a healthy data-cleansing routing can realize nearly 70% more revenue than an average organization, based purely on data quality.  Next step for you – get that clunker rolled out of the garage and get cleaning!

Need help updating your clunker of a database? ReachForce has a special Cash for Clunkers offer for Q3 to help you get in gear for Q4.

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Thursday, August 13th, 2009

 

Web Marketing Automation Buyer’s Guide

Thanks to Laura Folio and Adam Blitzer for their blog post on Pardot earlier this week. We want to continue to discuss what Pardot is offering by taking a look at one of their great whitepapers.

Marketing Automation is an integral part to any marketing organization, but there are a lot of choices out there. With so many top vendors to choose from, how do you make the best decision for you and your organization? Pardot has written a great whitepaper to help you through the process, Web Marketing Automation Buyer’s Guide.

Their whitepaper is set up in a very easy to read with a number of charts that help walk through the decision-making process.

I also found their list of ten questions to ask when evaluating a marketing automation tool particularly useful:

  1. What marketing solutions do you currently employ (email marketing, paid search, etc.)?
  2. Does your sales team use a CRM system?
  3. How does marketing pass leads into the CRM system (if applicable)?
  4. Which areas of your marketing and sales process could be more efficient?
  5. Who in your organization will use the marketing automation system?
  6. What is the projected timeline for deciding on a solution?
  7. What are some of the short-term goals to be achieved with marketing automation?
  8. What are some of the long-term goals to be achieved with marketing automation?
  9. What type of browser (Internet Explorer, Firefox, Safari, etc.) do your employees typically use?
  10. Do you have web programmers in-house, or do you use an outside agency?

One of the most important things to remember when selecting a Marketing Automation tool is that it needs to work for you and your team, which means you want something that works with the flow of your data, your CRM and your processes. Pardot has set up some easy to follow check-lists of things that will help you make the best choice between the systems you are evaluating. They aren’t exactly tear-sheets but could easily be utilized as such to help you along the way.

Their whitepaper is extremely informative and a must-read for anyone in the market for a Marketing Automation system.

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Wednesday, August 12th, 2009

 

How to Communicate Better with Your Entire Audience – B2B Marketing and Sales Tip #254

Remember in school when you took a quiz to see what kind of learner you are?  In case you didn’t, there are three types of learners:

  • Visual (seeing) learners
  • Auditory (listening) learners
  • Kinesthetic (touch/experience) learners

Does your marketing mix appeal to all three types?  We are trying to add more to our mix to appeal to a greater audience.  We have a new way for visual learns to understand what we do.  We created a map that shows a live feed of contacts we are discovering right now.  It is pretty cool if you haven’t checked it out yet.  Thanks to Jason for creating it.  Is there a cool or new visual way you could explain your business?

When trying to reach visual learners, consider:

  • new graphics
  • charts
  • videos

For those who are auditory learners, you might try experimenting with:

  • podcasts
  • video or recorded case studies
  • webinars

For kinesthetic learners, look into:

  • interactive demos
  • in-person events
  • free trials
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Thursday, August 6th, 2009

 

Tips To Improve Your Lead Management Strategy

Over the last couple of weeks we’ve been highlighting some of the most well known Marketing Automation players out there.  This week we’re profiling MarketBright.  Thanks again to Caitlin and Mike Pilcher for the previous blog post.

So now that you’ve read about and studied up on each, what’s next?  Just getting the right technology in place isn’t going to solve all of your headaches.

MarketBright’s whitepaper, Tips To Improve Your Lead Management Strategy, has some great ideas on creating and building out your lead generation strategy.

Here’s a few things that caught my eye…

When getting started here’s a few things to think about:

  • Who has ownership of each stage of the process?
  • Is there a defined lead management flow that exists today?
  • What essential performance indicators or ROI measures are associated at key points throughout the process?

Just like taking a road trip, best practice says you should have a map before you take off.

Lead Generation/Acquisition – the following elements are absolutely necessary to provide QUALITY leads:

  • Have you agreed with your sales team on what a qualified lead looks like?  Any of these sound familiar?
  • Clearly define and know your target market.  An effective lead generation process always begins and ends with knowing the audience.
  • Use effective lead generation tools.
  • Optimize landing pages and forms.  Be clear on the action you want your audience to take and focus the content on just that action.
  • Use accurate and reliable campaign metrics for tracking, reporting and testing.  This keeps everyone involved in the process honest :) .

Remember – the secret with any lead management system is to maximize the efficiency but not lose the impact of a personal customer experience. I think this is a great point!  As we continue to use automation to be more effective and efficient we have to remember that people buy from people.

Thanks again to MarketBright for contributing this week.  Now go download this whitepaper to ensure you are set up for success.

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Wednesday, August 5th, 2009

 

What is Marketbright? – Marketing Automation Who’s Who

Our customers, prospects and B2B Lead followers often ask us about marketing automation.  Since ReachForce targeted role-based leads are fed into many of these solutions we decided to give each of them an opportunity to explain their key benefits and features in their own words. Thanks to Caitlin Marco at MarketBright for this post.

What is Marketbright?

For starters, Marketbright is simply a centric platform for marketing automation. However, a ton of information is packed into that one, little sentence. So what does it really mean? Marketbright has rethought the way marketing automation should work for you; making you, the marketer, more in control of the development, execution, and result of your campaign. Marketbright’s marketing automation platform acts as a central hub for multi-touch marketing campaigns. By automating best practices of Sales and Marketing, you can execute any campaign from direct mail and telemarketing, to events and online advertising. Even the management of your website can be taken out of the hands of the webmaster and put into the hands of Marketing. Our philosophy is that marketing automation leverages the technology and best practices of multiple departments in order to produce faster, more efficient campaign deployment and reporting, right out of the box.

But, wait, how do you do all that?
One thing we firmly believe is that marketing should be done by, well, marketers. Being marketers ourselves, we have a good idea of the kind of tools our clients need to get the job done. If the job has to rely on the use of the IT department to update the events on their website, or the sales team to do nurture marketing instead of closing deals, then resources are being wasted and productivity is falling. Bottom line is that their ROI isn’t what it could be.

Now that you have an idea of what we mean by a “central platform,” here are a few items that help make marketing more productive and less dependent on outside resources:

Campaign Management: Marketbright’s campaign management tools allow any nontechnical person to easily create quarterly campaign plans that are automatically tied to powerful reporting and tracking tools. The result is streamlined budgeting capabilities and seamless campaign management.

Lead Nurturing
:  approach is unique in the marketplace because it has automated the difficult task of managing multi-touch campaigns and the resulting, often complex flows. The platform provides an easy way to deploy and manage multi-touch campaigns across all marketing channels.

Resource Center
: is the easy to use solution to keeping relevant content and marketing collateral updated on your website. Your company’s most recent case studies, white papers, and product brochures will be readily available to potential prospects without any edits to your website

Event Center
: is a great addition to Marketbright’s Event Management solution. Without the help of your IT department, the Event Center automatically publishes all of your upcoming on and offline events directly to your website.
As mentioned before, Marketbright incorporates aspects from multiple departments in its platform to create one central hub. It also helps align Sales and Marketing to act as one organization. With the use of lead nurturing and lead management, Sales and Marketing are able to work together to get the most out of your lead generation.

Lead Scoring
: One of Marketbright’s key strengths is scoring leads so only the best leads go directly to sales. Marketbright’s platform automatically sorts and prioritizes leads based on customizable rules. Marketbright’s lead scoring system features:

  • Highly customizable rules to generate more accurate lead scores.
  • Intelligent monitoring of customer activity, including web pages visited, time spent on the site, and visits from multiple people from the same company.
  • Validation of data entered onto lead forms helps weed out inauthentic leads by scoring them lower.

Just as the collaboration between Sales and Marketing effects the quality of the contacts in the pipeline, a consolidation of data between Marketing and Sales gives a full view of the path a contact took to becoming a customer.  Marketbright’s marketing analytics provides insight into the sale funnel and instant feedback as to what’s performing well and what’s not, allowing for on the spot campaign optimization.

Marketing Analytics
: Marketbright analytics enables closed loop marketing that equates to traceable return on investment. Marketbright’s pre-integrated platform is designed from the ground up to provide a 360 degree view of all customer interactions:

  • Visibility and metrics from campaign to cash
  • Data consistency across all customer interactions
  • Access to reporting for campaigns at-a-glance.
  • Visibility into what’s working, and what’s not
  • Automated profiles of promising prospects for targeted follow up

By understanding where marketing resources and budget are being lost, Marketbright fills in the gaps to improve your productivity. A centralized marketing automation platform brings in all the different resources used by Marketing and combines it into one solution. If you’re interested in learning more about Marketbright, please visit us at www.marketbright.com

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Monday, August 3rd, 2009

 

LinkedIn for Lead Generation – B2B Marketing and Sales Tip #253

MarketingSherpa just came out with a very interesting how-to on using LinkedIn for lead generation.  While most of us have a profile, many marketers are unsure on how to use this new channel as a lead source.  MarketingSherpa interviewed Jason Rushin, Director, Marketing at Quantivo on his process and found 6 lessons that all B2B marketers can learn from.

Here are some of highlights from the article:

Lesson #1. Target groups by activity level, not just size

For each group, Rushin spent 15 or 20 minutes reading through recent posts to assess group members’ interest areas, and how much activity each post generated. In the end, he identified 17 groups that matched his needs.

Lesson #2. Join groups under an individual name, not a company identity

Social media is a two-way channel, which makes it especially important to assign a point-person to oversee your social media initiatives, establish themselves as a community member, and respond to feedback.

Lesson #3. Place collateral in the context of a conversation

Every time the team had a new piece of collateral to promote — such as a webinar or a white paper — Rushin looked for opportunities to share that information with the team’s LinkedIn groups.

- For example, when promoting a white paper, he would write a message to the group announcing the new title, sharing a link, and asking group members to provide feedback on the white paper itself.

Lesson #4. Response rate is highly variable

By participating in several groups, Rushin quickly saw that response to his lead-generation offers (in the form of landing page registrations) was highly variable. Each group has its own characteristics and dynamics, which make some white paper or webinar offers highly successful and others relative duds.

Testing content offerings among different groups is essential. Beyond that, Rushin also saw two factors that affected response rate:

- Placement in the weekly or daily update newsletters

- White paper or webinar topic

Lesson #5. Create social media-specific landing pages

Rather than taking LinkedIn members to a standard landing page, Rushin created landing pages that specifically addressed the LinkedIn audience.

The tactic did not require a complete landing page redesign. Instead, the team modified the landing page text to create continuity for visitors arriving from LinkedIn, using phrases such as: “Thank you for your interest in this discussion”

Lesson #6. Quality can be an issue with leads from LinkedIn

To discourage job-seekers, the team changed its registration form to require prospects to use an email address from a company domain — forbidding the use of free email accounts such as Yahoo! or Gmail. The technique backfired, though, when LinkedIn members began complaining to Rushin (and sometimes to their Twitter followers) that the company was preventing unemployed people or independent consultants from viewing their thought-leadership content.

Rather than risk alienating LinkedIn members, you may have to rely on inside sales follow-up or further nurturing to eliminate non-qualified leads from your marketing funnel.

Ultimately lead generation on LinkedIn is the same as any other lead gen channel.  Be targeted, stay relevant to your audience, measure everything you can and always go for quality over quantity of leads.

The entire article is open to non-MarketingSherpa members until August 5th, be sure to check it out.

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Friday, July 31st, 2009

 

23 Questions Demand Generation Companies May Not Want You to Ask

Thanks to Emily for the Manticore post earlier this week.  Manticore has great resources section on their website full of best practices and tips for anyone trying to learn more about marketing automation.  For those of you who are trying to make the tough decision to decide on the best marketing automation solution for your company, Manticore has 23 Questions Demand Generation Companies May Not Want You to Ask.  The checklist coves five categories of questions you should be asking:

  • Key Features and Functionality
  • Customer Support
  • Usability
  • Company Reliability
  • CRM Integration

Questions to consider include:

  • What is the specific version of the product that you are showing me?
  • Do you have your own email engine?
  • How long will the implementation take?

The best part is it is not just a list of questions.  Manticore breaks down why you should care about the answers to each and how it will affect your business.

Don’t forget to download your own copy for the full list of questions (it is the first item under the whitepapers tab).

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Thursday, July 30th, 2009

 

What is Manticore? – Marketing Automation Who’s Who

Our customers, prospects and B2B Lead followers often ask us about marketing automation.  Since ReachForce targeted role-based leads are fed into many of these solutions we decided to give each of them an opportunity to explain their key benefits and features in their own words. Thanks to Emily Mayfield at Manticore (@ECMAYFIELD) for this post.

What is Manticore?

Manticore Technology delivers marketing automation solutions with the ideal combination of power and usability.  Marketing Automation improves marketing and sales alignment resulting in increased close ratios, decreased marketing spend, and increased revenue.  We’ve been asked many times how our company got its name.  Our name and our solutions were inspired by a Manticore, which is a legendary creature that has the body of a lion and a human head – a combination of power and intuitiveness.   Manticore Technology provides marketers with marketing automation solutions with the power, usability and support needed to ensure success.  How do exactly do we do that?

Our solutions are intuitive and user-friendly without sacrificing power and sophistication.  Manticore customer Aaron Raymo, Marketing Manager at Gevity, says, “When it comes to marketing automation, I believe that form and function are equally important.  Manticore’s user interface is incredibly easy for every day marketers to understand and utilize effectively.”  Unique features and services that contribute to Manticore’s user-friendly reputation are:

  • Demand Booster – Intuitive drag-and-drop interface allows you to build powerful lead nurturing campaigns with no IT resources or extensive training.  Its incredible flexibility enables you to build, copy, and modify programs on the fly.
  • Easy Implementation – Complete integration with your CRM system in just one-hour with no implementation fees or consulting costs allows you to start running campaigns immediately and quickly show ROI.
  • Email Marketing Management – WYSIWYG Editor enables you to design emails and landing pages quickly with no HTML.  Templates and image hosting allows for quick deployment and advanced personalization.

While a user-friendly interface is an important feature, at the end of the day, you need a solution that has the power and functionality to meet your demand generation needs.  Manticore customer Robyn Foreman, Online Marketing Director at Jaspersoft, notes, “We looked at a number of demand generation solutions, focusing on usability, price and performance before deciding on Manticore Technology.  Manticore offered the most extensive capabilities for lead nurturing, lead scoring, email marketing management, real-time campaign analysis, list management and multi-channel PPC tracking at its price point.”  In terms of power and functionality, Manticore is an industry leader in:

  • Holistic CRM integration – Unified platform allows for exceptional alignment between marketing and sales.  Custom objects enable users to enter leads into lead nurturing processes from within their CRM.  Marketing activity history, lead scores, and promotion codes exist within your CRM interface.
  • Dynamic Content – Deliver targeted messages based on a lead’s specific attributes and interests within one email campaign or lead nurturing process.
  • Multi-Model Lead Scoring (M2L) – Run simultaneous models to match leads with unique products.  Depreciate scores based on lack of activity over a period of time.  Automatically send leads to sales or add to a Demand Booster process based on their score.

Because we are dedicated to ensuring your success, we deliver unmatched customer service.  When you become a Manticore customer, you are assigned to a dedicated Customer Success Manager (CSM), who has deep expertise with our platform.  Your CSM’s job is to make sure that you’re successful in achieving your desired results. Diane Block, Senior Director of Corporate Marketing at Liquid Machines notes, “Manticore’s customer support team has been instrumental in helping with the implementation of the tool, as well as in setting up effective processes and campaigns, and in addition, are very responsive to all of our requests.”

Bottom line, Manticore Technology improves your business and enables you to be a better marketer.  Like the mythical beast, Manticore Technology is a combination of power and intuitiveness unlike anything you’ve ever seen.   If you would like more information on Manticore Technology or are interested in taking an online demo, please visit www.manticoretechnology.com.  For marketing automation best practices and insight, check out our blog at http://blog.manticoretechnology.com/.

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Tuesday, July 28th, 2009

 

Marketo’s Secret Sauce for Demand Generation

Thanks again to Maria for the Marketo post earlier this week. As an add on to her post we wanted to make sure our B2BLead readers check out this onDemand webcast, Marketo’s Secret Sauce.

Jon Miller, Marketo’s VP of Marketing, has a done a great job of explaining how they have set up and work their marketing and sales funnel to drive success. And it’s obviously working. Just last week they announced surpassing the 200 customer mark in only 15 months. My guess is most of these customers originated in marketing.

Any B2B Marketer out there looking for guidance should watch this and be sure to take notes. I promise, it’s worth your time.

Here’s some of the things covered in the 45 minute webcast:

  • Marketo’s demand generation funnel
  • Growth in our organic awareness
  • Effectiveness of various lead generation channels (paid and organic): % qualified, % sales-ready lead, % opportunity, cost per lead, etc.
  • How we use lead nurturing to develop relationships with prospects that are not sales ready; the ROI of lead nurturing
  • The exact lead scoring rules we use (demographics and behaviors) to identify sales-ready leads
  • Our 21 day lead follow-up process
  • Metrics and conversion rates for every stage of the demand generation funnel
  • How we present marketing forecasts to the board

No forms, just click here to get started.

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Friday, July 24th, 2009

 
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