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Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Acquisition Strategy
Best Practices
Victoria Offenhartz
Marketing Advisor, Customer Empowerment
Oracle Marketing Cloud
Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 3
Victoria Offenhartz
• Agile marketer
• 15 + years of integrated cross-channel
consumer and business marketing
experience from direct platform and
advertising agencies.
• Committed to driving relevance through
innovative and creative marketing
approaches.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Program Agenda
Oracle Confidential – Internal/Restricted/Highly Restricted 4
Customer Driven Buying Journey
Expectations of Today’s Customer
Leading Your Audience
Importance of Data Quality for Contact Acquisition Strategies
Acquisition Tactics for Getting Leads into the Funnel
Building Profiles & Nurturing Leads
Communicating to the Newly Acquired Contact
1
2
3
44
5
46
47
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Google and Corporate
Executive Board study
“Buyers are 60%
through their decision process
BEFORE engaging
with a Sales person.”
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Customers Dictate Their Own Path
NEXT
STOP
Any Preference
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
What Customers Expect of Companies Today
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Know Me
Profile-based Targeting
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 9
Defining a Persona
Personas
Develop a common language
about buyers
Drive customization
and personalization
Inform marketing
strategies
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 10Oracle Confidential - Restricted
Create Buyer Personas
CMO
VP,
Demand
VP,
Media
Marketing
Manager
Attributes
Influencing Factors
Consumption
Factors
i.e. role, company size, income,
education
i.e. fears, goals, challenges
i.e. preferred content types,
preferred channels
Persona Name: Saul
VP, Media
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 11
Progressive Profiling
Engagement 1: Customer is asked for:
First & Last Name, Email
Engagement 2: Customer is asked for:
Company Name, Number of Employees
Engagement 3: Customer is asked for:
Job Title
Engagement 4: Customer is asked for:
Industry
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Engage Me
Behavior-based Targeting
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
11%
of marketers said they are engaged in
real dialogue with buyers at each
stage of the purchase journey and
personalize communications
according to their needs.
13
Forrester – Why You Need To Be A Modern Marketer:
The Business Impact of Marketing Maturity In The Age Of The Customer
Report Published: September 2014
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 14
Customer Lifecycle
Buy
Market & Sell
Own
Support & Serve
Recommend
Maintain
UseReceiveNeed
Research
Select
Purchase
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Lead Me: Anticipate My Future Needs
Customer Loyalty
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential - Restricted
Lead Me…
16
Create
Buyer’s Journey
Nurture Prospects
Through Journey
Cross-sell/Up-sell
Opportunities
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 17
Importance of Cultivating Loyal Customers
Drive 80% of your
total revenue
Account for 72%
of total visits to
your business
Spend 10X more
than new
customers over
their lifetime
Source: Surprising Facts about Customer Loyalty Marketing,
www.marketingprofs.com
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Finding prospects
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Description
• Look-Alike Modeling helps you model your
best customers and converters to gain reach
& efficiency
• Oracle DMP’s Look-Alike Modeling
capabilities are fully integrated for
Responsys and Eloqua customers
• Oracle DMP also has standard look-alikes
capabilities for other cross-channel
platforms on the market
Why is This Important?
Look-Alike Modeling allows marketers to use
the data they already have and model new
segments after their best customers for
improved targeting and reach to use in
acquisition activities through display
channels as well as to deploy improved, more
relevant lead nurturing and customer
relationship marketing programs.
Oracle Confidential – Internal/Restricted/Highly Restricted 19
Look-alike Modeling
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Benefits specific to Eloqua & Responsys Customers
Key benefits for current customers to enable Oracle Data Management Platform Look-alikes today!
Prospect for qualified
customers
Build your list & find top-of-
funnel audiences for email and
lead generation purposes
Oracle Confidential – Internal/Restricted/Highly Restricted 20
3rd Party
Extend your current
marketing automation
activities to display media
Expand your display strategy
to include Look-alikes across
all vendors for additional
customer acquisition
Use 3rd party data for smart,
automated construction of
Look-alikes
Powered by the Oracle Data
Cloud, have access to the most
robust global data set
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Importance of Data Quality for Contact
Acquisition Strategies
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 22
Just one year after acquiring an
email address, there is a
that the address is no longer
valid. This is why contact
acquisition efforts are so
important.
Source: Responsys Deliverability eBook 2014
20 – 30 % chance
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 23
Top Methods to Help Ensure Data Quality
Require double email field confirmation.1
Use a double opt-in.2
Prohibit incentivizing sales associates for email sign-ups
(leads to very low-quality entries).
5
Send a welcome message or series to communicate clearly and reinforce subscriber
expectations.
4
Use an email validation vendor to clean out know hard bounces before sending an email for
the first time.
3
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Acquisition Tactics for Getting Leads into the
Funnel
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 25
Tactic 1: Newsletter or Blog Sign-up
B2B marketers that use blogs
generate 67% more leads per
month than those who don’t.
Source: Social Media B2B
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 26
Tactic 2: Site Registration
“Pop-ups are probably
one of the easiest ways
to increase your email
subscribers.”
Source: Mauro D’Andrea, unbounce.com
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 27
Tactic 3: Banner Ads or Display
The typical
Internet user is
served xxxx
banner ads per
month.
Source: ComScore
1707
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 28
Tactic 4: Social
Social media has
100%
higher lead-to-close rate
than outbound
marketing.
Source: State of Inbound
Marketing
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 29
DocuSign Markie Winner for Best Social 2013
Source: State of Inbound
Marketing
DocuSign developed a Promoted Tweet Program with Twitter:
• DocuSign realized that prospects that take their 1-min demo are a great lead source
• A demo lead converts faster and to higher MRR
• Goal: Get more prospects to try the demo.
DocuSign ran the following plays over two quarters, optimizing along the process:
 A competitive play using Twitter Promoted Tweets – Targeted timeline, targeting the followers of
DocuSign’s competitors
 A partner play to the followers of DocuSign’s partners through Twitter Promoted Tweets – Targeted
Timeline with compelling CTA Tweets to capture the leads.
A Marketing Automation vendor play – companies that buy MAP software have a high propensity to
buy DocuSign.
 Promoted Tweets in Search and Tweets using keywords.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 30
DocuSign Markie Winner for Best Social 2013
Source: State of Inbound
Marketing
Example and Results:
Example:
•Like to esign? Enter to win a free Google Nexus tablet by taking a 1 minute demo of DocuSign
http://ow.ly/i2JH8
Results:
•Through a heavy competitive and partner play, DocuSign was able to generate :
• net new business within weeks of launching, exceeding expectations by 5x
• DocuSign expanded their social reach, drove measurable results and revenue, and had fun.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 31
Tactic 5: Search Marketing
89% of customers
begin their buying process
with a search engine.
Source: Biznology
89%
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 32
Tactic 6: Offline
Nearly 40% of online
searchers make a purchase
after being influenced by an
offline channel.
Source: iProspect study
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 33
Tactic 6: Transactional Messages
Revenue per email for
transactional emails vs.
promotional mailings is as much
as 4X larger, depending on type
of transactional message.
Source: Experian
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Communicating to the Newly Acquired
Contact
Oracle Confidential – Internal/Restricted/Highly Restricted 34
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 35
Importance of Communicating to the Newly Acquired
Contact
Acknowledges the action and sets expectations.1
Introduces them to your brand and explains the benefits of receiving your emails.2
Validates the new email address.5
Allows you to provide a clear call-to-action with links to your website.4
Allows you to highlight your value proposition.3
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 36
Examples
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 37
Examples
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
Getting Started
Oracle Confidential – Internal/Restricted/Highly Restricted 38
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |
 Determine which tactic you are
going to execute or optimize
 Evaluate the performance and
conversion metrics you
already have
 Develop content for the
contact acquisition campaign
 Document campaign’s high-
level info
 Assess form requirements
 Determine resources needed
on your team to build
campaigns
 Assess data integration needs
 Implement contact acquisition
campaigns in the OMC
application
Oracle Confidential – Internal/Restricted/Highly Restricted 39
 Identify KPIs to measure
your success and
opportunities and report
results to stakeholders
 Consider building a testing
strategy to optimize and
mature your campaigns
 Create regularly scheduled
reports with your KPIs to
track performance and to
keep stakeholders informed
Getting Started
1. Plan 2. Build and Execute 3. Measure
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 40
Contact Acquisition Strategy

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Contact Acquisition Strategy

  • 1.
  • 2. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Acquisition Strategy Best Practices Victoria Offenhartz Marketing Advisor, Customer Empowerment Oracle Marketing Cloud Oracle Confidential – Internal/Restricted/Highly Restricted
  • 3. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 3 Victoria Offenhartz • Agile marketer • 15 + years of integrated cross-channel consumer and business marketing experience from direct platform and advertising agencies. • Committed to driving relevance through innovative and creative marketing approaches.
  • 4. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Program Agenda Oracle Confidential – Internal/Restricted/Highly Restricted 4 Customer Driven Buying Journey Expectations of Today’s Customer Leading Your Audience Importance of Data Quality for Contact Acquisition Strategies Acquisition Tactics for Getting Leads into the Funnel Building Profiles & Nurturing Leads Communicating to the Newly Acquired Contact 1 2 3 44 5 46 47
  • 5. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Google and Corporate Executive Board study “Buyers are 60% through their decision process BEFORE engaging with a Sales person.”
  • 6. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Customers Dictate Their Own Path NEXT STOP Any Preference
  • 7. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | What Customers Expect of Companies Today
  • 8. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Know Me Profile-based Targeting
  • 9. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 9 Defining a Persona Personas Develop a common language about buyers Drive customization and personalization Inform marketing strategies
  • 10. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 10Oracle Confidential - Restricted Create Buyer Personas CMO VP, Demand VP, Media Marketing Manager Attributes Influencing Factors Consumption Factors i.e. role, company size, income, education i.e. fears, goals, challenges i.e. preferred content types, preferred channels Persona Name: Saul VP, Media
  • 11. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 11 Progressive Profiling Engagement 1: Customer is asked for: First & Last Name, Email Engagement 2: Customer is asked for: Company Name, Number of Employees Engagement 3: Customer is asked for: Job Title Engagement 4: Customer is asked for: Industry
  • 12. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Engage Me Behavior-based Targeting
  • 13. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 11% of marketers said they are engaged in real dialogue with buyers at each stage of the purchase journey and personalize communications according to their needs. 13 Forrester – Why You Need To Be A Modern Marketer: The Business Impact of Marketing Maturity In The Age Of The Customer Report Published: September 2014
  • 14. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 14 Customer Lifecycle Buy Market & Sell Own Support & Serve Recommend Maintain UseReceiveNeed Research Select Purchase
  • 15. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Lead Me: Anticipate My Future Needs Customer Loyalty
  • 16. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential - Restricted Lead Me… 16 Create Buyer’s Journey Nurture Prospects Through Journey Cross-sell/Up-sell Opportunities
  • 17. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 17 Importance of Cultivating Loyal Customers Drive 80% of your total revenue Account for 72% of total visits to your business Spend 10X more than new customers over their lifetime Source: Surprising Facts about Customer Loyalty Marketing, www.marketingprofs.com
  • 18. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Finding prospects
  • 19. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Description • Look-Alike Modeling helps you model your best customers and converters to gain reach & efficiency • Oracle DMP’s Look-Alike Modeling capabilities are fully integrated for Responsys and Eloqua customers • Oracle DMP also has standard look-alikes capabilities for other cross-channel platforms on the market Why is This Important? Look-Alike Modeling allows marketers to use the data they already have and model new segments after their best customers for improved targeting and reach to use in acquisition activities through display channels as well as to deploy improved, more relevant lead nurturing and customer relationship marketing programs. Oracle Confidential – Internal/Restricted/Highly Restricted 19 Look-alike Modeling
  • 20. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Benefits specific to Eloqua & Responsys Customers Key benefits for current customers to enable Oracle Data Management Platform Look-alikes today! Prospect for qualified customers Build your list & find top-of- funnel audiences for email and lead generation purposes Oracle Confidential – Internal/Restricted/Highly Restricted 20 3rd Party Extend your current marketing automation activities to display media Expand your display strategy to include Look-alikes across all vendors for additional customer acquisition Use 3rd party data for smart, automated construction of Look-alikes Powered by the Oracle Data Cloud, have access to the most robust global data set
  • 21. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Importance of Data Quality for Contact Acquisition Strategies
  • 22. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 22 Just one year after acquiring an email address, there is a that the address is no longer valid. This is why contact acquisition efforts are so important. Source: Responsys Deliverability eBook 2014 20 – 30 % chance
  • 23. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 23 Top Methods to Help Ensure Data Quality Require double email field confirmation.1 Use a double opt-in.2 Prohibit incentivizing sales associates for email sign-ups (leads to very low-quality entries). 5 Send a welcome message or series to communicate clearly and reinforce subscriber expectations. 4 Use an email validation vendor to clean out know hard bounces before sending an email for the first time. 3
  • 24. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Acquisition Tactics for Getting Leads into the Funnel
  • 25. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 25 Tactic 1: Newsletter or Blog Sign-up B2B marketers that use blogs generate 67% more leads per month than those who don’t. Source: Social Media B2B
  • 26. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 26 Tactic 2: Site Registration “Pop-ups are probably one of the easiest ways to increase your email subscribers.” Source: Mauro D’Andrea, unbounce.com
  • 27. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 27 Tactic 3: Banner Ads or Display The typical Internet user is served xxxx banner ads per month. Source: ComScore 1707
  • 28. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 28 Tactic 4: Social Social media has 100% higher lead-to-close rate than outbound marketing. Source: State of Inbound Marketing
  • 29. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 29 DocuSign Markie Winner for Best Social 2013 Source: State of Inbound Marketing DocuSign developed a Promoted Tweet Program with Twitter: • DocuSign realized that prospects that take their 1-min demo are a great lead source • A demo lead converts faster and to higher MRR • Goal: Get more prospects to try the demo. DocuSign ran the following plays over two quarters, optimizing along the process:  A competitive play using Twitter Promoted Tweets – Targeted timeline, targeting the followers of DocuSign’s competitors  A partner play to the followers of DocuSign’s partners through Twitter Promoted Tweets – Targeted Timeline with compelling CTA Tweets to capture the leads. A Marketing Automation vendor play – companies that buy MAP software have a high propensity to buy DocuSign.  Promoted Tweets in Search and Tweets using keywords.
  • 30. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 30 DocuSign Markie Winner for Best Social 2013 Source: State of Inbound Marketing Example and Results: Example: •Like to esign? Enter to win a free Google Nexus tablet by taking a 1 minute demo of DocuSign http://ow.ly/i2JH8 Results: •Through a heavy competitive and partner play, DocuSign was able to generate : • net new business within weeks of launching, exceeding expectations by 5x • DocuSign expanded their social reach, drove measurable results and revenue, and had fun.
  • 31. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 31 Tactic 5: Search Marketing 89% of customers begin their buying process with a search engine. Source: Biznology 89%
  • 32. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | 32 Tactic 6: Offline Nearly 40% of online searchers make a purchase after being influenced by an offline channel. Source: iProspect study
  • 33. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 33 Tactic 6: Transactional Messages Revenue per email for transactional emails vs. promotional mailings is as much as 4X larger, depending on type of transactional message. Source: Experian
  • 34. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Communicating to the Newly Acquired Contact Oracle Confidential – Internal/Restricted/Highly Restricted 34
  • 35. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 35 Importance of Communicating to the Newly Acquired Contact Acknowledges the action and sets expectations.1 Introduces them to your brand and explains the benefits of receiving your emails.2 Validates the new email address.5 Allows you to provide a clear call-to-action with links to your website.4 Allows you to highlight your value proposition.3
  • 36. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 36 Examples
  • 37. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 37 Examples
  • 38. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Getting Started Oracle Confidential – Internal/Restricted/Highly Restricted 38
  • 39. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |  Determine which tactic you are going to execute or optimize  Evaluate the performance and conversion metrics you already have  Develop content for the contact acquisition campaign  Document campaign’s high- level info  Assess form requirements  Determine resources needed on your team to build campaigns  Assess data integration needs  Implement contact acquisition campaigns in the OMC application Oracle Confidential – Internal/Restricted/Highly Restricted 39  Identify KPIs to measure your success and opportunities and report results to stakeholders  Consider building a testing strategy to optimize and mature your campaigns  Create regularly scheduled reports with your KPIs to track performance and to keep stakeholders informed Getting Started 1. Plan 2. Build and Execute 3. Measure
  • 40. Copyright © 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 40