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Engaging Today’s Buyer in a Digital
World
Sanjay Dholakia
Chief Marketing Officer
Marketo, Inc.
@sdholakia
Hi, I’m Sanjay
Dholakia
1.
2.
3.

4.

Have an 11 year old daughter and 4 year old son
36 stitches in my head alone
Have been a consultant, GM of a public company,
CMO, CEO
But, am a marketer by DNA...I’m in the Nation!

@sdholakia
The Rise of the Marketing Nation
INFORMATION

ABUNDANCE
Unprecedented Changes in Buying
Information:

Information:

SCARCITY

ABUNDANCE

Purchasing Power:

Purchasing Power:

SELLERS

BUYERS

Organizational Power:

Organizational Power:

SALES

MARKETING

THEN

NOW
The New Rules of Marketing Engagement
The New Rules of Marketing Engagement

#1

Finding customers

THEN

Being found

NOW
Source: Adbusters, 2011
Don’t Find People; Help People Find You

vs

Use brains, not budget.
Content Marketing Creates Pull & Affinity

3,000
tweets

136,000
views
Apply Science to Content
The New Rules of Marketing Engagement

#1

Finding customers

Being found

#2

Point in time blasts

1:1 Durable relationships

THEN

NOW
Hi, are you ready to buy?
Hi, now are you ready to buy?
Hi, how about now?
Hi, you must be ready to buy?
Hi again, are you ready to buy?
What about now?
Seriously, not ready yet?
Hi, are you ready to buy?
Conversations, not campaigns
Welcome! Here’s what to expect
Check out this article
Here’s a cool video
See our latest offering
Share this with friends
Here’s what others like!
Download our new book
Happy birthday
Hi, are you ready to buy?
More cool content
Join us at our event
You like X, check out Y
Fun ways to learn more
Take this survey
You haven’t bought yet, here’s a 10%
discount
Creating Conversations at Scale
The New Rules of Marketing Engagement

#1

Finding customers

Being found

#2

Point in time blasts

1:1 Durable relationships

#3

Demographic

Behavioral segmentation

THEN

NOW
More Targeted Sends are More Engaging
400

Engagement Score

350

300
250
200
150
100
50
0
100

1000

10000

Email Delivered
Source: Marketo research

100000
“Who I am is less important than what I do”
Trigger & communicate based on behavior
Triggered Nurture
Open %

34.0%

Standard Nurture
21.7%

57%

Click to Open % 37.1%

Click to Open % 23.4%

59%

Click %

Click %

147%

12.6%

Open %

Lift

5.1%
The New Rules of Marketing Engagement

#1

Finding customers

Being found

#2

Point in time blasts

1:1 Durable relationships

#3

Demographic

Behavioral segmentation

#4

Few/isolated channels

THEN

Exploding/integrated channels

NOW
Communicate Across Channels
Website

Landing
Pages

Online Ads

Email

Facebook
Pages

Social Lift

Social Lift

Social Lift

Social Lift

Social Lift

Social Lift

Reach & Engagement

Integrate Channels…and Engage the Crowd

Events
The New Rules of Marketing Engagement

#1

Finding customers

Being found

#2

Point in time blasts

1:1 Durable relationships

#3

Demographic

Behavioral segmentation

#4

Few/isolated channels

#5

Intuitive decision making

THEN

Exploding/integrated channels

Owned, big time series data

NOW
Why Measuring Return is Hard

• Multiple touches. Seven touches
needed to convert into a sale
• Multiple influencers. Typical buying
process has 5-21 people involved
But, now we have the technology…
Accurately Tracking “Investment” vs. Budget
Track All Touches Across People, Over Time
See Direct Program Contribution to Sales

Screenshot: Marketo Revenue Cycle Analytics
The Summary…
It’s a new world, with new rules…

#1

Finding customers

Being found

#2

Point in time blasts

1:1 Durable relationships

#3

Demographic

Behavioral segmentation

#4

Few/isolated channels

#5

Intuitive decision making

THEN

Exploding/integrated channels

Owned, big time series data

NOW
…and new solutions
INBOUND
MARKETING

RELATIONSHIP
MARKETING

Ensure potential
customers can find you
•
•
•
•

Lifetime dialog with
customers based on
behaviors and interest

Content Marketing
SEO / SEM
Social Campaigns
Landing Pages

ANALYTICS &
MEASUREMENT

•
•
•
•
•

Customer System
of Record

Understand impact of
marketing and optimize
marketing investments
•
•
•
•
•

Budgeting & Planning
Spend Analysis
Cross-program Allocation
Opportunity Analysis
Revenue Attribution

Nurturing and Scoring
Email Marketing
Marketing Automation
Event Marketing
Customer Engagement

REVENUE
EFFECTIVENESS

Drive conversion to sale

MARKETO DIGITAL MARKETING PLATFORM

•
•
•
•

Prospect Prioritization
Offer Prioritization
Social Selling
Productive Prospecting
The Bottom Line: Everyone Can Market Like Amazon
Thank You!
Questions?
Sanjay Dholakia
@sdholakia
#mktgnation

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Engaging Today's Buyer in a Digital World

  • 1.
  • 2. Engaging Today’s Buyer in a Digital World Sanjay Dholakia Chief Marketing Officer Marketo, Inc. @sdholakia
  • 3. Hi, I’m Sanjay Dholakia 1. 2. 3. 4. Have an 11 year old daughter and 4 year old son 36 stitches in my head alone Have been a consultant, GM of a public company, CMO, CEO But, am a marketer by DNA...I’m in the Nation! @sdholakia
  • 4. The Rise of the Marketing Nation
  • 6. Unprecedented Changes in Buying Information: Information: SCARCITY ABUNDANCE Purchasing Power: Purchasing Power: SELLERS BUYERS Organizational Power: Organizational Power: SALES MARKETING THEN NOW
  • 7. The New Rules of Marketing Engagement
  • 8. The New Rules of Marketing Engagement #1 Finding customers THEN Being found NOW
  • 10. Don’t Find People; Help People Find You vs Use brains, not budget.
  • 11. Content Marketing Creates Pull & Affinity 3,000 tweets 136,000 views
  • 12. Apply Science to Content
  • 13. The New Rules of Marketing Engagement #1 Finding customers Being found #2 Point in time blasts 1:1 Durable relationships THEN NOW
  • 14.
  • 15. Hi, are you ready to buy? Hi, now are you ready to buy? Hi, how about now? Hi, you must be ready to buy? Hi again, are you ready to buy? What about now? Seriously, not ready yet? Hi, are you ready to buy?
  • 16.
  • 17. Conversations, not campaigns Welcome! Here’s what to expect Check out this article Here’s a cool video See our latest offering Share this with friends Here’s what others like! Download our new book Happy birthday Hi, are you ready to buy? More cool content Join us at our event You like X, check out Y Fun ways to learn more Take this survey You haven’t bought yet, here’s a 10% discount
  • 19. The New Rules of Marketing Engagement #1 Finding customers Being found #2 Point in time blasts 1:1 Durable relationships #3 Demographic Behavioral segmentation THEN NOW
  • 20. More Targeted Sends are More Engaging 400 Engagement Score 350 300 250 200 150 100 50 0 100 1000 10000 Email Delivered Source: Marketo research 100000
  • 21.
  • 22. “Who I am is less important than what I do”
  • 23. Trigger & communicate based on behavior
  • 24. Triggered Nurture Open % 34.0% Standard Nurture 21.7% 57% Click to Open % 37.1% Click to Open % 23.4% 59% Click % Click % 147% 12.6% Open % Lift 5.1%
  • 25. The New Rules of Marketing Engagement #1 Finding customers Being found #2 Point in time blasts 1:1 Durable relationships #3 Demographic Behavioral segmentation #4 Few/isolated channels THEN Exploding/integrated channels NOW
  • 26.
  • 27.
  • 29. Website Landing Pages Online Ads Email Facebook Pages Social Lift Social Lift Social Lift Social Lift Social Lift Social Lift Reach & Engagement Integrate Channels…and Engage the Crowd Events
  • 30. The New Rules of Marketing Engagement #1 Finding customers Being found #2 Point in time blasts 1:1 Durable relationships #3 Demographic Behavioral segmentation #4 Few/isolated channels #5 Intuitive decision making THEN Exploding/integrated channels Owned, big time series data NOW
  • 31.
  • 32. Why Measuring Return is Hard • Multiple touches. Seven touches needed to convert into a sale • Multiple influencers. Typical buying process has 5-21 people involved
  • 33. But, now we have the technology…
  • 34.
  • 36. Track All Touches Across People, Over Time
  • 37. See Direct Program Contribution to Sales Screenshot: Marketo Revenue Cycle Analytics
  • 39. It’s a new world, with new rules… #1 Finding customers Being found #2 Point in time blasts 1:1 Durable relationships #3 Demographic Behavioral segmentation #4 Few/isolated channels #5 Intuitive decision making THEN Exploding/integrated channels Owned, big time series data NOW
  • 40. …and new solutions INBOUND MARKETING RELATIONSHIP MARKETING Ensure potential customers can find you • • • • Lifetime dialog with customers based on behaviors and interest Content Marketing SEO / SEM Social Campaigns Landing Pages ANALYTICS & MEASUREMENT • • • • • Customer System of Record Understand impact of marketing and optimize marketing investments • • • • • Budgeting & Planning Spend Analysis Cross-program Allocation Opportunity Analysis Revenue Attribution Nurturing and Scoring Email Marketing Marketing Automation Event Marketing Customer Engagement REVENUE EFFECTIVENESS Drive conversion to sale MARKETO DIGITAL MARKETING PLATFORM • • • • Prospect Prioritization Offer Prioritization Social Selling Productive Prospecting
  • 41. The Bottom Line: Everyone Can Market Like Amazon