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Building	
  Rela,onships	
  &	
  Revenue	
  
with	
  Lifecycle	
  Marke,ng	
  
Presented	
  by	
  Ma>	
  Heinz	
  of	
  Heinz	
  Marke,ng	
  and	
  
Troy	
  Burk	
  of	
  Right	
  On	
  Interac,ve	
  	
  
#ROIx	
  
Troy	
  is	
  the	
  CEO	
  and	
  founder	
  of	
  Right	
  
On	
  Interac,ve.	
  He	
  is	
  a	
  recognized	
  
thought	
  leader	
  and	
  speaker	
  on	
  the	
  
topics	
  of	
  lifecycle	
  marke,ng,	
  
marke,ng	
  automa,on,	
  lead	
  scoring	
  
and	
  nurturing,	
  and	
  email	
  marke,ng.	
  	
  
	
  
Ma>	
  began	
  Heinz	
  Marke,ng	
  in	
  
2007.	
  He	
  has	
  over	
  15	
  years	
  of	
  
marke,ng,	
  business	
  development	
  
and	
  sales	
  experience	
  from	
  a	
  variety	
  
of	
  organiza,ons,	
  ver,cal	
  industries	
  
and	
  company	
  sizes.	
  
#ROIx	
  
Agenda	
  
•  Value	
  of	
  customer	
  rela,onships	
  
•  Defining	
  the	
  “Ideal	
  Customer”	
  
•  Segmenta,on,	
  Quadrants,	
  Personas	
  
•  Developing	
  Rela,onships	
  through	
  Content	
  
•  The	
  Power	
  of	
  Social	
  Media	
  
•  Key	
  Takeaways	
  
#ROIx	
  
Good	
  Customer	
  Rela,onships	
  
•  Repeat	
  customers	
  spend	
  33%	
  more	
  than	
  new	
  customers	
  	
  
•  Referrals	
  among	
  repeat	
  customers	
  are	
  107%	
  greater	
  than	
  non-­‐customers	
  
•  It	
  costs	
  6x	
  more	
  to	
  sell	
  something	
  to	
  a	
  prospect	
  than	
  to	
  a	
  current	
  customer	
  
-­‐	
  Dr.	
  Philip	
  Kotler	
  
	
  
#ROIx	
  
Poor	
  Customer	
  Rela,onships	
  
•  Consumers	
  are	
  two	
  ,mes	
  more	
  likely	
  to	
  share	
  their	
  bad	
  customer	
  service	
  
experiences	
  than	
  they	
  are	
  to	
  talk	
  about	
  posi,ve	
  experiences.	
  	
  (2012	
  Global	
  
Customer	
  Service	
  Barometer)	
  
•  It	
  takes	
  12	
  posi,ve	
  customer	
  experiences	
  to	
  make	
  up	
  for	
  one	
  nega,ve	
  
experience.	
  (Parature)	
  
•  A	
  10%	
  increase	
  in	
  customer	
  reten,on	
  levels	
  result	
  in	
  a	
  30%	
  increase	
  in	
  the	
  value	
  
of	
  the	
  company.	
  (Bain	
  &	
  Co)	
  
#ROIx	
  
Finding	
  the	
  Ideal	
  Customer	
  
According	
  to	
  Seth	
  Godin,	
  an	
  ideal	
  customer	
  is	
  
someone	
  or	
  another	
  organiza,on	
  who…	
  
	
  
•  Wants	
  your	
  products	
  and/or	
  services;	
  
•  Has	
  the	
  ability	
  to	
  pay	
  for	
  the	
  product	
  and/or	
  
services;	
  and	
  
•  Has	
  the	
  authority	
  to	
  purchase	
  your	
  product	
  and/
or	
  services.	
  
#ROIx	
  
Finding	
  the	
  Ideal	
  Customer	
  
Marketers	
  today	
  are	
  collec,ng	
  a	
  TON	
  of	
  data!	
  
	
  
Brands	
  &	
  organiza,ons	
  on	
  
Facebook	
  receive	
  34,722	
  
“Likes.”	
  
Foursquare	
  users	
  perform	
  
2,083	
  check-­‐ins.	
  
Email	
  users	
  send	
  
204,166,667	
  
messages.	
  
Consumers	
  
spend	
  
$272,070	
  
on	
  web	
  
shopping	
  
Google	
  
receives	
  
over	
  
2,000,000	
  
search	
  
queries.	
  
#ROIx	
  
Segmenta,on	
  and	
  3D	
  Scoring	
  
Within	
  each	
  lifecycle	
  
stage,	
  customers	
  and	
  
prospects	
  will	
  fall	
  into	
  
one	
  of	
  four	
  quadrants	
  
based	
  on	
  profile	
  fit	
  and	
  
level	
  of	
  engagement.	
  	
  
	
  
Ideal Fit &
More Engaged
Ideal Fit &
Less Engaged
Not Ideal Fit &
Less Engaged
Not Ideal Fit &
More Engaged
Engagement	
  
Profile	
  
#ROIx	
  
Developing	
  Rela,onships	
  through	
  Content	
  
Content	
  strategy	
  in	
  one	
  sentence:	
  
“Sell	
  the	
  hole,	
  not	
  the	
  drill.”	
  
	
  
#ROIx	
  
Developing	
  Rela,onships	
  through	
  
Content	
  
1.  Find	
  &	
  engage	
  prospects	
  “upstream”	
  before	
  
they	
  are	
  ac,ve	
  buyers	
  
2.  Par,cipate	
  in	
  their	
  communi,es	
  as	
  a	
  peer	
  to	
  
build	
  trust	
  &	
  credibility	
  
3.  Use	
  research	
  tools	
  to	
  customize	
  approach	
  with	
  
new	
  targets	
  
4.  Publish	
  your	
  own	
  source(s)	
  of	
  value-­‐added	
  
content	
  to	
  a>ract	
  new	
  prospects	
  to	
  you	
  
#ROIx	
  
Engagement	
  Through	
  the	
  Lifecycle	
  Journey	
  
Thought	
  
Leadership	
  
Solu,on	
  
Knowledge	
  
Solu,on	
  
Valida,on	
  
On	
  
Boarding	
  
Value	
  
Proposi,on	
  
Solu,on	
  
Referral	
  
	
  
	
  
	
  
White	
  paper	
  
Market	
  report	
  
E-­‐books	
  
Tradeshows	
  
Blogs	
  
Social	
  media	
  
	
  
	
  	
  
	
  
	
  
Events	
  
White	
  paper	
  
Business	
  case	
  
Webinar	
  
Drip	
  mktg	
  
	
  
	
  
CRM	
  
Use	
  case	
  
Demo	
  videos	
  
Buyer’s	
  guide	
  
One-­‐to-­‐one	
  
	
  
	
  
How	
  to	
  video	
  
Tips	
  &	
  tricks	
  
Best	
  pracIces	
  
IncenIves	
  
One-­‐to-­‐one	
  
	
  
	
  
	
  
	
  
Exclusive	
  access	
  
Value	
  add	
  
Customer	
  event	
  
TesImonials	
  
Network	
  
	
  
	
  
Surveys	
  
Reviews	
  
Referral	
  offers	
  
InnovaIon	
  
Success	
  stories	
  
	
  	
  	
  	
  Goals	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  Content	
  SoluIons	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  Lifecycle	
  Journey	
  	
  	
  	
  	
  	
  
Discover	
   Explore	
   Buy	
   Use	
   Ask	
   Engage	
  
#ROIx	
  
What	
  do	
  customers	
  care	
  about?	
  
#ROIx	
  
The	
  Buying	
  Progression	
  
Problem/Pain	
   Solu,on	
   Objec,ve/Outcome	
  
#ROIx	
  
Three	
  Content	
  Ques,ons	
  
•  What	
  do	
  I	
  want	
  people	
  to	
  see,	
  hear	
  and/
or	
  learn?	
  
•  What	
  do	
  I	
  want	
  people	
  to	
  think?	
  
•  What	
  do	
  I	
  want	
  people	
  to	
  do?	
  
#ROIx	
  
Jill	
  Rowley,	
  top	
  sales	
  rep,	
  7	
  of	
  8	
  years:	
  
•  Cold	
  Calling	
  vs.	
  Social	
  Prospec,ng	
  
₋  50%	
  increase	
  in	
  opportunity	
  crea,on	
  
•  Lead	
  to	
  Engaged	
  Opportunity	
  Accelera,on	
  
₋  25%	
  higher	
  conversion	
  rates	
  
•  Social	
  Proximity	
  Lead	
  Distribu,on	
  
₋  35%	
  be>er	
  response	
  rates	
  
The	
  Power	
  of	
  Social	
  Media	
  
#ROIx	
  
Key	
  Takeaways	
  
•  Everyone	
  has	
  a	
  lifecycle	
  	
  
•  Segment	
  first	
  based	
  on	
  lifecycle	
  stage	
  
•  Determine	
  ideal	
  customer	
  and	
  track	
  all	
  engagement	
  
•  Deliver	
  a	
  be>er	
  customer	
  experience	
  with	
  relevant	
  content,	
  
and	
  communica,ons	
  (Stage,	
  Quadrant,	
  Personas)	
  
•  Process,	
  People,	
  Plaporms,	
  Content	
  
•  Strategies,	
  Tac,cs	
  and	
  Tools	
  
#ROIx	
  
Ques,ons???	
  
Troy Burk
Right On Interactive
@troyburk
@roi_marketing
Matt Heinz
Heinz Marketing
@HeinzMarketing
#ROIx	
  

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Building Relationships & Revenue with Lifecycle Marketing

  • 1. Building  Rela,onships  &  Revenue   with  Lifecycle  Marke,ng   Presented  by  Ma>  Heinz  of  Heinz  Marke,ng  and   Troy  Burk  of  Right  On  Interac,ve     #ROIx  
  • 2. Troy  is  the  CEO  and  founder  of  Right   On  Interac,ve.  He  is  a  recognized   thought  leader  and  speaker  on  the   topics  of  lifecycle  marke,ng,   marke,ng  automa,on,  lead  scoring   and  nurturing,  and  email  marke,ng.       Ma>  began  Heinz  Marke,ng  in   2007.  He  has  over  15  years  of   marke,ng,  business  development   and  sales  experience  from  a  variety   of  organiza,ons,  ver,cal  industries   and  company  sizes.   #ROIx  
  • 3. Agenda   •  Value  of  customer  rela,onships   •  Defining  the  “Ideal  Customer”   •  Segmenta,on,  Quadrants,  Personas   •  Developing  Rela,onships  through  Content   •  The  Power  of  Social  Media   •  Key  Takeaways   #ROIx  
  • 4. Good  Customer  Rela,onships   •  Repeat  customers  spend  33%  more  than  new  customers     •  Referrals  among  repeat  customers  are  107%  greater  than  non-­‐customers   •  It  costs  6x  more  to  sell  something  to  a  prospect  than  to  a  current  customer   -­‐  Dr.  Philip  Kotler     #ROIx  
  • 5. Poor  Customer  Rela,onships   •  Consumers  are  two  ,mes  more  likely  to  share  their  bad  customer  service   experiences  than  they  are  to  talk  about  posi,ve  experiences.    (2012  Global   Customer  Service  Barometer)   •  It  takes  12  posi,ve  customer  experiences  to  make  up  for  one  nega,ve   experience.  (Parature)   •  A  10%  increase  in  customer  reten,on  levels  result  in  a  30%  increase  in  the  value   of  the  company.  (Bain  &  Co)   #ROIx  
  • 6. Finding  the  Ideal  Customer   According  to  Seth  Godin,  an  ideal  customer  is   someone  or  another  organiza,on  who…     •  Wants  your  products  and/or  services;   •  Has  the  ability  to  pay  for  the  product  and/or   services;  and   •  Has  the  authority  to  purchase  your  product  and/ or  services.   #ROIx  
  • 7. Finding  the  Ideal  Customer   Marketers  today  are  collec,ng  a  TON  of  data!     Brands  &  organiza,ons  on   Facebook  receive  34,722   “Likes.”   Foursquare  users  perform   2,083  check-­‐ins.   Email  users  send   204,166,667   messages.   Consumers   spend   $272,070   on  web   shopping   Google   receives   over   2,000,000   search   queries.   #ROIx  
  • 8. Segmenta,on  and  3D  Scoring   Within  each  lifecycle   stage,  customers  and   prospects  will  fall  into   one  of  four  quadrants   based  on  profile  fit  and   level  of  engagement.       Ideal Fit & More Engaged Ideal Fit & Less Engaged Not Ideal Fit & Less Engaged Not Ideal Fit & More Engaged Engagement   Profile   #ROIx  
  • 9. Developing  Rela,onships  through  Content   Content  strategy  in  one  sentence:   “Sell  the  hole,  not  the  drill.”     #ROIx  
  • 10. Developing  Rela,onships  through   Content   1.  Find  &  engage  prospects  “upstream”  before   they  are  ac,ve  buyers   2.  Par,cipate  in  their  communi,es  as  a  peer  to   build  trust  &  credibility   3.  Use  research  tools  to  customize  approach  with   new  targets   4.  Publish  your  own  source(s)  of  value-­‐added   content  to  a>ract  new  prospects  to  you   #ROIx  
  • 11. Engagement  Through  the  Lifecycle  Journey   Thought   Leadership   Solu,on   Knowledge   Solu,on   Valida,on   On   Boarding   Value   Proposi,on   Solu,on   Referral         White  paper   Market  report   E-­‐books   Tradeshows   Blogs   Social  media             Events   White  paper   Business  case   Webinar   Drip  mktg       CRM   Use  case   Demo  videos   Buyer’s  guide   One-­‐to-­‐one       How  to  video   Tips  &  tricks   Best  pracIces   IncenIves   One-­‐to-­‐one           Exclusive  access   Value  add   Customer  event   TesImonials   Network       Surveys   Reviews   Referral  offers   InnovaIon   Success  stories          Goals                        Content  SoluIons                    Lifecycle  Journey             Discover   Explore   Buy   Use   Ask   Engage   #ROIx  
  • 12. What  do  customers  care  about?   #ROIx  
  • 13. The  Buying  Progression   Problem/Pain   Solu,on   Objec,ve/Outcome   #ROIx  
  • 14. Three  Content  Ques,ons   •  What  do  I  want  people  to  see,  hear  and/ or  learn?   •  What  do  I  want  people  to  think?   •  What  do  I  want  people  to  do?   #ROIx  
  • 15. Jill  Rowley,  top  sales  rep,  7  of  8  years:   •  Cold  Calling  vs.  Social  Prospec,ng   ₋  50%  increase  in  opportunity  crea,on   •  Lead  to  Engaged  Opportunity  Accelera,on   ₋  25%  higher  conversion  rates   •  Social  Proximity  Lead  Distribu,on   ₋  35%  be>er  response  rates   The  Power  of  Social  Media   #ROIx  
  • 16. Key  Takeaways   •  Everyone  has  a  lifecycle     •  Segment  first  based  on  lifecycle  stage   •  Determine  ideal  customer  and  track  all  engagement   •  Deliver  a  be>er  customer  experience  with  relevant  content,   and  communica,ons  (Stage,  Quadrant,  Personas)   •  Process,  People,  Plaporms,  Content   •  Strategies,  Tac,cs  and  Tools   #ROIx  
  • 17. Ques,ons???   Troy Burk Right On Interactive @troyburk @roi_marketing Matt Heinz Heinz Marketing @HeinzMarketing #ROIx