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The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social
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The Engagement Economy: New Ways to Engage Digital Consumers Over Email and Social

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  • We’ve talked about what it is, now let’s talk about what it’s not.Automate as a word sounds mechanical.
  • Short history of email:Commercial email first evolved from a traditional direct mail mindset: lists, promotions, offers. Big campaigns. Send the same message frequently and rapidly to many. 1-2% response rates. Sent on your schedule, not theirs. It was a military mentality applied to marketing.One of email’s biggest “benefits” was its low cost compared to direct mail. But email was too easy. When companies combined the ease of sending large quantities emails with the low cost of doing so, it resulted in a recipe for a sender's dream but a receiver's nightmare. “Batch and blast” was off and running.But the problem was this: Nobody wants to get “blasted”.Think of the word blast....what do you imagine? It's a shotgun. Wide pattern, random spread, unfocused (for the most part) and an imprecise tool whose end result is one that sometimes leaves more damage than any benefit you might have gained. .. It hurts. Casualty of war.Terms like “hit the database” or “e-shot” are just as bad.
  • The answer: our communicationsmust be more trusted, more relevant, and more strategic. It must be more engaging.  Traditional batch and blast feels like shouting, engagement marketing feels more like a natural conversation. Notice how these women are engaged in conversation. There’s talking, but also listening going on. And the conversation, at least by the looks of it, seems to have a flow to it. [Refer back to this throughout the presentation: how important it is to effectively listen to online body language.]
  • How do you do that? One word: relevanceThis is how we do it at Marketo…. But try to speak to both B2B and B2C
  • This is a screenshot of Marketo Customer Engagement. You can see it is very friendly looking and it is very easy to use and run.
  • So how are we responding to this? Not good.So between the marketers that are still batching and blasting, or sending personalized messages that aren’t relevant right now, this is kind of what it feels like to be a consumer today.  On any given day, the average customer will be exposed to 2,904 media messages, will pay attention to 52 and will positively remember 4 – SuperProfile 2010  
  • Your consumer is like a sponge, and all those marketing messages are like the water.How do you ensure that your message is the one of the 4that get absorbed into the sponge? After all, a potential buyer can only absorb so much, and your competitors are vying for their attention too.
  • So how can we be more relevant and engaging?You can’t be relevant if you’re broad.We know batch and blast does not work – it is simply less engaging. One way is to be more targeted – smaller sends = more engaging. Engagement Score enables marketers to quickly judge how effectively each piece of content is engaging prospects and customers over time… combines open, click, unsubscribe, conversion, and so on into a single metrics.
  • Here’s an example of how Marketo created even more relevance.Topic of interest nurturing: Nurture tracks based on four different topics that we thought our customers were interested in (email, social marketing, marketing automation, and Microsoft Dynamics). Welisten for signs that may be interested in this (events attended, web visits, keywords used etc.), and if so assign them to the specific track nurture track. If they get to the end of that specific track, we put them back to regular until they do something else specific.
  • Result: Big lift!More on our blog about this: http://blog.marketo.com/blog/2013/06/topic-of-interest-based-nurturing.html
  • Email service providers traditional don’t help much. ESPs tend to only track email behaviors (open, click) in their local database. Lacking connection to other buyer touch points, standalone email services are unable to inform communication with more personal behavioral cues.But for more sophisticated targeting, they rely on technical databasesThese lists come from complex queries written by technical experts, not marketers. This includes API calls, SAS queries, and some email providers even tout the fact that their queries can be written in “good old fashioned SQL” (they even provide functionality for handling situations where the SQL-queries time out!)Don’t use dumb lists, use a smart database – easy!!And easy to change
  • While this may be straightforward for programmers, it’s a foreign language to most marketers…This makes the marketer reliant on technical resources for anything that’s not simple, especially anything that incorporates behaviors beyond email open and click
  • Today’s consumers move seamlessly across digital and offline channels. According to a recent Experian QAS® survey, 36 percent of U.S. organizations interact with customers and prospects in five or more channels.In retail banking, 61% of consumers use three or more channels each month (e.g. branch, phone, online, and mobile – in addition to email). However, Companies Not Prepared to Deliver Integrated ExperiencesQUOTE: “Fewer than 10 percent of brands are executing true cross-channel communications informed by one view of the customer.” - The 2013 Digital Marketer, Experian = Big opportunity to increase relevancy.Organization silos:Traditionally, marketing organizations are made up of either product or channel teams. Within this structure, each team works hard to optimize their siloed marketing efforts — and, in most places, have gotten really good at delivering their individual marketing programs and defending their individual marketing budgetsTechnology silos: Many of the tools are focused on a channel — email, mobile, catalog or Web. The big challenge for marketers is that message delivery within channels almost always happens via disparate platforms. Especially a problem with ESP. Email “grew up” with companies using stand-alone email service providers (ESPs) and outside agencies. This legacy hangs over email today. Traditional email service providers (ESP) = not multi-channel, not channel agnosticThe modern, digitally-empowered consumer doesn’t think in terms of channels and doesn’t care about your silos.Uses whatever device they have in the moment… web, mobile, tabletSo, companies shouldn’t expect the consumer to adapt; companies should adapt. This means moving from channel- or promotion-centric marketing plans to customer-centric marketing plans, and enabling those plans with marketing technology that is ready to deliver.
  • Social plays an increasingly large role in the cross channel experience.We believe social is just a channel. Don’t do social campaigns… make every campaign social.
  • Another example – these roadshows!!
  • By the time we’re done, it will be ~240 incremental registrations – just for $500PS: pretty good odds to win $500!
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