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Marketing Data Automation:
Avoiding the “Garbage In
─Garbage out” trap




                             Zoom Information, Inc. Confidential
Twitter:
    Welcome!                                                      @ZoomInfo
                                                              @ActOnSoftware



▶   If you have any questions, please submit them via the Q&A
    panel on the right side of your screen
▶   We’ll be starting at 2:00 pm ET



                  Special Offer for Webinars
                          Attendees:
                 Stay tuned at the end of the webinar for a
                   special offer from ActOn & ZoomInfo.




                                                                Zoom Information, Inc. Confidential
Your Presenters




Kathy Greenler Sexton,     David Appelbaum,
   Vice President of     Chief Marketing Officer,
 Marketing, ZoomInfo            Act-On




                                              Zoom Information, Inc. Confidential
Agenda

▶   Understanding Your Data and Why
    Garbage Data Will Kill Your Results
▶   Using Marketing Automation to Achieve
    Gold Status Best-Practices
▶   How to Buy Gold-plated Data and Keep it
    “Shiny & New”
▶   Questions & Answers



                                    Zoom Information, Inc. Confidential
Achieving Data Gold (vs. Garbage!)
and Keeping it That Way


Understanding Your
Data and Why
Garbage Data Will Kill
Your Results
Kathy Greenler Sexton, ZoomInfo




                         Zoom Information, Inc. Confidential
ZoomInfo at-a-glance



                ▶   Founded: 2000
                    ▶   Leading B2B directory and business
                        information service
                    ▶   Sales Intelligence application
                    ▶   Data Services offerings for marketers
                          ▶ Lists, Appends, Cleansing

                ▶   Scale
                    ▶   Proprietary database of 50M employees
                        and 5M businesses
                ▶   Real-time data updates daily
                    ▶   2K companies/25K people added
                    ▶   15K companies/250K people updated


                                                 Zoom Information, Inc. Confidential
6
What’s going into your Database?

                                                          Companies who say their
                                                          customer & prospect data
                      Customer
                        List                                may be inaccurate in
                                                                some way


Third Party                              Sales
   Lists                              Prospecting

                        Your
                      Database




                                  Website
                                                                            89%
      Promotion
                                 (Inbound,
     (Online, DM,
                                    SEO,
     Social, Email)
                                  Content)
                                                    Source: DMNews, May 2011 (Experian ,
                                                    "Contact Data Management Bridging the Gap")




                                                                    Zoom Information, Inc. Confidential
Garbage or Gold …
Your Data will Decay




        www.zoominfo.com/blog   Zoom Information, Inc. Confidential
Common “Strategies” for Data
    Hygiene




          Source: The DemandGen Report, March 2011


                                                     Zoom Information, Inc. Confidential
9
Why Should You Care?


                                                                                        15%
                        26%




   Companies who have lost                                          Budget lost due to
   a potential customer due                                          inaccurate data
      to inaccurate data




     Source: DMNews, May 2011 (Experian , "Contact Data Management Bridging the Gap")


                                                                                          Zoom Information, Inc. Confidential
The Cost of Bad Data -
It’s All About Revenue




     Source SiriusDecisions – The Impact of Bad Data on Demand Generation


                                                                            Zoom Information, Inc. Confidential
Mining For Gold

         Top of the Sales
         Funnel
                                  Smart List & Data Acquisition


         Nurturing &
         Engagement
                       Smart Utilization of Marketing Automation


         Database
         Maintenance
                          Smart Append & Cleansing Strategies




                                              Zoom Information, Inc. Confidential
Achieving Data Gold (vs. Garbage!)
and Keeping it That Way


Marketing Automation
to Achieve Gold
Status Best-Practices

David Appelbaum, ActOn




                         Zoom Information, Inc. Confidential
Research Shows…

▶   Sales impact on optimized lead definition
    •   7% increase in sales wins
    •   9.3% increase in reps meeting quota
    •   16.5% increase lead to appointment conversion
    •   62% vs 42% reduction in new rep ramp up
    •   10% reduction in sales cycles
    ▶   CSO Insights, 2009




                                                    Zoom Information, Inc. Confidential
The Sales Cycle is Dramatically
Different




                                  Zoom Information, Inc. Confidential
Best Practice 1

The Buyer’s Journey

▶   Know your best customer
    ▶   On-going customer value?
    ▶   What makes them tick?
▶   Understand the Moment of Truth
    ▶   Select the right metrics
    ▶   Zero in on buying triggers
    ▶   Content – content - content
▶   Measure engagement – not activity
    ▶   Encourage interactivity
    ▶   Surveys, A/B Testing, & other methods of data collection



                                                           Zoom Information, Inc. Confidential
Best Practice 2

From Leads to Dialogue

▶   Utilize Multiple Channels
    ▶   Key message consistency
    ▶   Initiate multiple touches
▶   Nurture – not Nature
    ▶   Customize content
    ▶   Leverage metrics
▶   Satisfaction Sells
    ▶   Build advocates
    ▶   Testimonials and case studies are critical




                                                     Zoom Information, Inc. Confidential
Best Practice 3

Managing that Data Gold

▶   It’s all in the Database
    ▶   Connect your inputs
    ▶   Align with campaigns
▶   Cleanliness is Next to Commerce
    ▶   Data is the foundation for truth
    ▶   Refine, Aggregate, and Analyze
▶   Analysis not Paralysis
    ▶   Be selective in your data collection
    ▶   Focus on key indicators and trends
▶   Keep on Collecting
    ▶   Don’t stop collecting after the sale
    ▶   Customer data is as critical as Prospect data


                                                        Zoom Information, Inc. Confidential
Best Practice 4
Sales & Marketing Can Be Friends

▶   Tear Down the Walls
    ▶   Continue to track data
    ▶   Create the climate for fact-based conversations
▶   Telemarketing – not Inside Sales
    ▶   Enhanced lead quality
    ▶   Campaign data
    ▶   Closed loop processes
▶   Keep a Single Set of Books
    ▶   Unified metrics and analytics move things forward
    ▶   Create and use a common vocabulary



                                                            Zoom Information, Inc. Confidential
The Act-On Approach

▶   Demystifying Marketing Automation by
    Design
    ▶   Focus on Usability, Simplicity, and Manageability
    ▶   Start simple, automate at your own pace
    ▶   Built for the Fortune 5,000,000
    ▶   Integrated Marketing Platform
    ▶   World-class e-mail marketing core
    ▶   Integrated web analytics, forms, landing pages, drip programs,
        lead scoring, CRM integration, …
▶   Disruptive pricing & license terms


                                                           Zoom Information, Inc. Confidential
The Act-On Platform




                      Zoom Information, Inc. Confidential
Achieving Data Gold (vs. Garbage!)
and Keeping it That Way


How to Buy Gold-
plated Data and Keep
it “Shiny & New”
Kathy Greenler Sexton, ZoomInfo




                          Zoom Information, Inc. Confidential
Strategies for
Buying & Maintaining Data


                     Cleans-
                       ing/
                     Matching



           Append-
             ing


                         External Lists




                                          Zoom Information, Inc. Confidential
Tips for Buying & Maintaining Data

      1.   Make sure your list/cleaning/appending source owns its data
           ▶   Owners are responsible for updating and maintenance. Find out how often this occurs.
      2.   Get a sample before you buy data
           ▶   Make sure it has all the selects you need for each step of your multi-touch
TOP            campaign (i.e., address, email and phone).


3          ▶

           ▶


           ▶
               Ask your list vendor for help choosing selects
               Consider keyword techniques to capture additional results that meet your
               targeting criteria.
               Test ―mini-campaigns‖ using sample lists from various vendors and compare
               results.
      3.   Buy from sources that guarantee minimum results
           ▶   Ask for average rates for bounce-backs and other key metrics.
           ▶   Find out how they handle make-goods.
           ▶   Track and measure your campaign at each conversion point — you may need
               this information to hold your list vendor to their guarantees should the list not
               perform as expected.



                                                                                 Zoom Information, Inc. Confidential
Data Service Providers:

List/Data Owners

▶   The Good:
    ▶   The ultimate source of the individual or company whose
        information appears in your list — the more accurate the data
        will be.
    ▶   Intimately familiar with every aspect of information-gathering and
        verification processes. Ask them. They should be more than
        willing to provide specifics.
    ▶   Usually quick to resolve any problems and they’ll have the most
        flexibility for negotiating make-goods.
▶   The Bad:
    ▶   Many (a professional association that sells its membership list,
        for example) do not use other sources against which data can be
        verified.

                                                             Zoom Information, Inc. Confidential
Data Service Providers:

Brokers & Resellers
▶   The Good:
    ▶   Offer value-added services for clients, including special tools for
        uploading and managing data, and dedicated account managers.
    ▶   Keep in mind that part of your purchase price covers these services,
        whether or not you need or use them.
▶   The Bad:
    ▶   General lack of familiarity with the data. They may not know how often
        their list sources update or verify information, if at all.
    ▶   Data accuracy may be questionable because the broker has no
        accountability for the data quality.
    ▶   These data sellers must also mark up list costs to drive their profits. So
        the same data you’d buy from an owner for $X/name may cost you $X +
        X%/name via a broker or reseller.



                                                                   Zoom Information, Inc. Confidential
Data Service Providers:

Aggregators/Compilers
 ▶   The Good:
     ▶   You can buy boatloads of data, expanding your ability to reach
         large amounts of your target market
 ▶   The Bad:
     ▶   There are often duplicate or conflicting records between
         aggregated sources, which can dramatically reduce your
         campaign’s success metrics.
     ▶   Aggregators are often restricted in what they can sell. (This is
         also true for brokers and resellers.) as the aggregator may not
         have the rights to provide specific data as an individual select.
     ▶   Aggregators may also have minimum purchase requirements,
         and are generally less flexible in their ability to negotiate pricing.



                                                                Zoom Information, Inc. Confidential
The ONLY Strategy for Lists, Appends or
Cleansing?
Test Before You Buy!
The three “S”s of smart sampling:

▶   Size:
    ▶   Size of sample lists should be about one percent of the total size of list
        you intend to buy.
▶   Selects:
    ▶   Make sure your list samples include a select for each type of touch (for
        example, email, phone and mailing address). This can also help you
        uncover any ―hidden‖ costs you may incur later, as some vendors
        charge differently for different selects.
▶   Send:
    ▶   Test each of the contact methods you intend to use.
    ▶   Track the results and compare them to see if your vendors’ delivery
        rates are on target with their guarantees. Then determine which list
        performs the best against your campaign’s goal metrics.


                                                                    Zoom Information, Inc. Confidential
Before We Jump into Questions ..

         ▶   Special Offers:

             ▶   After the webinar you will receive an email
                 from ZoomInfo to qualify for a list of 500
                 free contacts. Please fill out the short
                 form and an account rep will be in touch
                 within 24-hours.

             ▶   Act-On is also offering anyone who
                 purchases their system by June 30th, an
                 additional contact list of 2,000 names from
                 ZoomInfo.



                                               Zoom Information, Inc. Confidential
Questions?




     Kathy Greenler Sexton,
        Vice President,                   David Appelbaum,
      Marketing, ZoomInfo           Chief Marketing Officer, Act-On

 Email: kathy.sexton@zoominfo.com    Email: david.appelbaum@act-on.net
        Phone: 781-693-7584                 Phone: 415-233-6604
         Twitter: @KGSexton



                                                      Zoom Information, Inc. Confidential
THANK YOU!

▶   Special Offers:

    ▶   After the webinar you will receive an email
        from ZoomInfo to qualify for a list of 500
        free contacts. Please fill out the short
        form and an account rep will be in touch
        within 24-hours.

    ▶   Act-On is also offering anyone who
        purchases their system by June 30th, an
        additional contact list of 2,000 names from
        ZoomInfo.



                                      Zoom Information, Inc. Confidential

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Marketing Data Automation: Avoiding the 'Garbage In-Garbage Out' Trap

  • 1. Marketing Data Automation: Avoiding the “Garbage In ─Garbage out” trap Zoom Information, Inc. Confidential
  • 2. Twitter: Welcome! @ZoomInfo @ActOnSoftware ▶ If you have any questions, please submit them via the Q&A panel on the right side of your screen ▶ We’ll be starting at 2:00 pm ET Special Offer for Webinars Attendees: Stay tuned at the end of the webinar for a special offer from ActOn & ZoomInfo. Zoom Information, Inc. Confidential
  • 3. Your Presenters Kathy Greenler Sexton, David Appelbaum, Vice President of Chief Marketing Officer, Marketing, ZoomInfo Act-On Zoom Information, Inc. Confidential
  • 4. Agenda ▶ Understanding Your Data and Why Garbage Data Will Kill Your Results ▶ Using Marketing Automation to Achieve Gold Status Best-Practices ▶ How to Buy Gold-plated Data and Keep it “Shiny & New” ▶ Questions & Answers Zoom Information, Inc. Confidential
  • 5. Achieving Data Gold (vs. Garbage!) and Keeping it That Way Understanding Your Data and Why Garbage Data Will Kill Your Results Kathy Greenler Sexton, ZoomInfo Zoom Information, Inc. Confidential
  • 6. ZoomInfo at-a-glance ▶ Founded: 2000 ▶ Leading B2B directory and business information service ▶ Sales Intelligence application ▶ Data Services offerings for marketers ▶ Lists, Appends, Cleansing ▶ Scale ▶ Proprietary database of 50M employees and 5M businesses ▶ Real-time data updates daily ▶ 2K companies/25K people added ▶ 15K companies/250K people updated Zoom Information, Inc. Confidential 6
  • 7. What’s going into your Database? Companies who say their customer & prospect data Customer List may be inaccurate in some way Third Party Sales Lists Prospecting Your Database Website 89% Promotion (Inbound, (Online, DM, SEO, Social, Email) Content) Source: DMNews, May 2011 (Experian , "Contact Data Management Bridging the Gap") Zoom Information, Inc. Confidential
  • 8. Garbage or Gold … Your Data will Decay www.zoominfo.com/blog Zoom Information, Inc. Confidential
  • 9. Common “Strategies” for Data Hygiene Source: The DemandGen Report, March 2011 Zoom Information, Inc. Confidential 9
  • 10. Why Should You Care? 15% 26% Companies who have lost Budget lost due to a potential customer due inaccurate data to inaccurate data Source: DMNews, May 2011 (Experian , "Contact Data Management Bridging the Gap") Zoom Information, Inc. Confidential
  • 11. The Cost of Bad Data - It’s All About Revenue Source SiriusDecisions – The Impact of Bad Data on Demand Generation Zoom Information, Inc. Confidential
  • 12. Mining For Gold Top of the Sales Funnel Smart List & Data Acquisition Nurturing & Engagement Smart Utilization of Marketing Automation Database Maintenance Smart Append & Cleansing Strategies Zoom Information, Inc. Confidential
  • 13. Achieving Data Gold (vs. Garbage!) and Keeping it That Way Marketing Automation to Achieve Gold Status Best-Practices David Appelbaum, ActOn Zoom Information, Inc. Confidential
  • 14. Research Shows… ▶ Sales impact on optimized lead definition • 7% increase in sales wins • 9.3% increase in reps meeting quota • 16.5% increase lead to appointment conversion • 62% vs 42% reduction in new rep ramp up • 10% reduction in sales cycles ▶ CSO Insights, 2009 Zoom Information, Inc. Confidential
  • 15. The Sales Cycle is Dramatically Different Zoom Information, Inc. Confidential
  • 16. Best Practice 1 The Buyer’s Journey ▶ Know your best customer ▶ On-going customer value? ▶ What makes them tick? ▶ Understand the Moment of Truth ▶ Select the right metrics ▶ Zero in on buying triggers ▶ Content – content - content ▶ Measure engagement – not activity ▶ Encourage interactivity ▶ Surveys, A/B Testing, & other methods of data collection Zoom Information, Inc. Confidential
  • 17. Best Practice 2 From Leads to Dialogue ▶ Utilize Multiple Channels ▶ Key message consistency ▶ Initiate multiple touches ▶ Nurture – not Nature ▶ Customize content ▶ Leverage metrics ▶ Satisfaction Sells ▶ Build advocates ▶ Testimonials and case studies are critical Zoom Information, Inc. Confidential
  • 18. Best Practice 3 Managing that Data Gold ▶ It’s all in the Database ▶ Connect your inputs ▶ Align with campaigns ▶ Cleanliness is Next to Commerce ▶ Data is the foundation for truth ▶ Refine, Aggregate, and Analyze ▶ Analysis not Paralysis ▶ Be selective in your data collection ▶ Focus on key indicators and trends ▶ Keep on Collecting ▶ Don’t stop collecting after the sale ▶ Customer data is as critical as Prospect data Zoom Information, Inc. Confidential
  • 19. Best Practice 4 Sales & Marketing Can Be Friends ▶ Tear Down the Walls ▶ Continue to track data ▶ Create the climate for fact-based conversations ▶ Telemarketing – not Inside Sales ▶ Enhanced lead quality ▶ Campaign data ▶ Closed loop processes ▶ Keep a Single Set of Books ▶ Unified metrics and analytics move things forward ▶ Create and use a common vocabulary Zoom Information, Inc. Confidential
  • 20. The Act-On Approach ▶ Demystifying Marketing Automation by Design ▶ Focus on Usability, Simplicity, and Manageability ▶ Start simple, automate at your own pace ▶ Built for the Fortune 5,000,000 ▶ Integrated Marketing Platform ▶ World-class e-mail marketing core ▶ Integrated web analytics, forms, landing pages, drip programs, lead scoring, CRM integration, … ▶ Disruptive pricing & license terms Zoom Information, Inc. Confidential
  • 21. The Act-On Platform Zoom Information, Inc. Confidential
  • 22. Achieving Data Gold (vs. Garbage!) and Keeping it That Way How to Buy Gold- plated Data and Keep it “Shiny & New” Kathy Greenler Sexton, ZoomInfo Zoom Information, Inc. Confidential
  • 23. Strategies for Buying & Maintaining Data Cleans- ing/ Matching Append- ing External Lists Zoom Information, Inc. Confidential
  • 24. Tips for Buying & Maintaining Data 1. Make sure your list/cleaning/appending source owns its data ▶ Owners are responsible for updating and maintenance. Find out how often this occurs. 2. Get a sample before you buy data ▶ Make sure it has all the selects you need for each step of your multi-touch TOP campaign (i.e., address, email and phone). 3 ▶ ▶ ▶ Ask your list vendor for help choosing selects Consider keyword techniques to capture additional results that meet your targeting criteria. Test ―mini-campaigns‖ using sample lists from various vendors and compare results. 3. Buy from sources that guarantee minimum results ▶ Ask for average rates for bounce-backs and other key metrics. ▶ Find out how they handle make-goods. ▶ Track and measure your campaign at each conversion point — you may need this information to hold your list vendor to their guarantees should the list not perform as expected. Zoom Information, Inc. Confidential
  • 25. Data Service Providers: List/Data Owners ▶ The Good: ▶ The ultimate source of the individual or company whose information appears in your list — the more accurate the data will be. ▶ Intimately familiar with every aspect of information-gathering and verification processes. Ask them. They should be more than willing to provide specifics. ▶ Usually quick to resolve any problems and they’ll have the most flexibility for negotiating make-goods. ▶ The Bad: ▶ Many (a professional association that sells its membership list, for example) do not use other sources against which data can be verified. Zoom Information, Inc. Confidential
  • 26. Data Service Providers: Brokers & Resellers ▶ The Good: ▶ Offer value-added services for clients, including special tools for uploading and managing data, and dedicated account managers. ▶ Keep in mind that part of your purchase price covers these services, whether or not you need or use them. ▶ The Bad: ▶ General lack of familiarity with the data. They may not know how often their list sources update or verify information, if at all. ▶ Data accuracy may be questionable because the broker has no accountability for the data quality. ▶ These data sellers must also mark up list costs to drive their profits. So the same data you’d buy from an owner for $X/name may cost you $X + X%/name via a broker or reseller. Zoom Information, Inc. Confidential
  • 27. Data Service Providers: Aggregators/Compilers ▶ The Good: ▶ You can buy boatloads of data, expanding your ability to reach large amounts of your target market ▶ The Bad: ▶ There are often duplicate or conflicting records between aggregated sources, which can dramatically reduce your campaign’s success metrics. ▶ Aggregators are often restricted in what they can sell. (This is also true for brokers and resellers.) as the aggregator may not have the rights to provide specific data as an individual select. ▶ Aggregators may also have minimum purchase requirements, and are generally less flexible in their ability to negotiate pricing. Zoom Information, Inc. Confidential
  • 28. The ONLY Strategy for Lists, Appends or Cleansing? Test Before You Buy! The three “S”s of smart sampling: ▶ Size: ▶ Size of sample lists should be about one percent of the total size of list you intend to buy. ▶ Selects: ▶ Make sure your list samples include a select for each type of touch (for example, email, phone and mailing address). This can also help you uncover any ―hidden‖ costs you may incur later, as some vendors charge differently for different selects. ▶ Send: ▶ Test each of the contact methods you intend to use. ▶ Track the results and compare them to see if your vendors’ delivery rates are on target with their guarantees. Then determine which list performs the best against your campaign’s goal metrics. Zoom Information, Inc. Confidential
  • 29. Before We Jump into Questions .. ▶ Special Offers: ▶ After the webinar you will receive an email from ZoomInfo to qualify for a list of 500 free contacts. Please fill out the short form and an account rep will be in touch within 24-hours. ▶ Act-On is also offering anyone who purchases their system by June 30th, an additional contact list of 2,000 names from ZoomInfo. Zoom Information, Inc. Confidential
  • 30. Questions? Kathy Greenler Sexton, Vice President, David Appelbaum, Marketing, ZoomInfo Chief Marketing Officer, Act-On Email: kathy.sexton@zoominfo.com Email: david.appelbaum@act-on.net Phone: 781-693-7584 Phone: 415-233-6604 Twitter: @KGSexton Zoom Information, Inc. Confidential
  • 31. THANK YOU! ▶ Special Offers: ▶ After the webinar you will receive an email from ZoomInfo to qualify for a list of 500 free contacts. Please fill out the short form and an account rep will be in touch within 24-hours. ▶ Act-On is also offering anyone who purchases their system by June 30th, an additional contact list of 2,000 names from ZoomInfo. Zoom Information, Inc. Confidential