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Digital Body Language:
                            Deciphering Customer Intentions in an
                            Online World

                            Dennis Dayman
                            Chief Privacy Officer



2007 © ELOQUA CORPORATION           CONFIDENTIAL    PRESENTATION TITLE   1
Dennis Dayman

                      Twitter: ddayman




2007 © ELOQUA CORPORATION     CONFIDENTIAL   PRESENTATION TITLE   2
What’s happening in today’s down market?
New influence on Sales – The CFO

Traditional recession strategies

   •  Tighten the Belt
   •  Do More With Less
   •  Keep Customers Happy
Impact on Sales:

   •  Longer sales cycles

   •  More competition for less deals

   •  Finance gains influence; Sales must Talk VALUE
                                                       3
How Marketers are Reacting




                             4
Marketing’s New Language



           Responses                 Responses/Inquiries
                            “has taken steps to demonstrate
                                                   interest”


             Leads
              Leads            Marketing Qualified Leads
                           “a qualified business with a need”


             Opps
              Opps                      Forecast Business


               Biz                             Won Deals



                                                            5
<<   “Customers’ buying
 processes have evolved in
 our world of ubiquitous, instant,
      global communication

   … but companies’ selling
 processes have for the most
    part stayed the same.”

                         - Thomas Stewart, Editor
                       Harvard Business Review
                              August, 2006 Issue Editorial
B2B Customer Buying Process
good to go…
old school…
B2B Customer Buying Process   1995
Read Buyer’s Body Language




I’ll believe   Where can I       Get me
it when I      find budget       out of
see it         for this?         here


This will            Does he really
make me a            understand
hero                 my business?
                                          11
2009
Read Buyer’s Body Language




                             14
Google
me …
B2B Customer Buying Process   1995
B2B Customer Buying Process   2009
Sales Can’t Read It   2009
Today’s B2B Marketing


 Demand
 Generation             Education




                        Evaluation
 Lead
 Mgmt
                         Closing



                                     19
It’s People, Process &   Technology




                                      20
Getting All the Way There Is a Journey




                                         21
Step
To aggregate information from
              various sources including
Profiling    transactions, response and
            demographic data to build an
             accurate picture of a target
                      customer
The Profiling Difference


  “Knowing how prospects have
  responded to marketing
  campaigns before the call is
  the single biggest factor in uncovering
  revenue opportunities for our inside sale
  team.”
  team”
  - Dir. of Marketing Operations, Google


                                              27
Step
“Ranking one
prospective buyer
 against another”




                    30
Lead Scoring in Action




                         31
Lead Scoring in Action




                         32
Lead Scoring in Action




                         33
Lead Scoring Pays Off

                          Before               After
                           Lead Scoring       Lead Scoring



Leads sent to sales


        Close ratio


 Revenue per deal


 TOTAL REVENUE


               Based on a Survey of 10 Customers doing Lead Scoring for 165 days (under 6 months)
                                                                                                    34
Step
Lead Nurturing




  Activity aimed at
maintaining customer
  interest by using
constant and relevant
   communication.
Why Lead Nurturing?




                           Within 24 months from
Source: Sirius Decisions   YOU or your competitor
                                                 38
                                                38
How do you know when your toast is done?




                                           39
Lead Nurturing in Action
     Day 1
             Day 11

                      Day 21

                               Day 31

                                        Day 41

                                                 Day 51

                                                          Day 61

                                                                   Day 71

                                                                            Day 81




                                                                                     40
What’s working well?

•    eBooks
•    Webinars
•    Podcasts
•    White papers



And what’s not?
•  Cold calling
•  Print ads
•  Some DM



                       41
Lead Nurturing Results
Generated 1500 responses

More than 400 companies re-engaged




“Those same previously ignored leads
turned out to be the best source of qualified
opportunities”
     - VP Marketing, Voxify
                                                42
It works:
… more revenue from web-
   based campaigns
… increase in marketing
   contributed sales
     opportunities
…conversion rate on
automated programs
… reduction in cost per
         lead
… increase in inside
 sales productivity
… more in leads from
    marketing
… increase in email
    automation
… more leads from the
      website
Reading Digital Body Language

I’ll believe Where can I      Get me
 itSalespeoplebudget
     when I  find Need     to Know
                              out of
    see it     for this?       here



     This will     Does he really
    make me a        understand
    Marketing
      hero
                 Holds the Keys
                    my business?
•  Provide applications and expertise for B2B
   marketers to execute, automate and measure
   effective marketing programs that drive revenue
•  Founded in 2000
•  With 20,000 users and 550 customers in 33
   countries, Eloqua is the global leader in demand
   generation applications and expertise.
•  250+ employees
•  HQ in Virginia, offices throughout North America,
   Canada, UK, Asia
            2007 © ELOQUA CORPORATION   CONFIDENTIAL   PRESENTATION TITLE   53
Dennis Dayman

          Twitter: ddayman
 Blog: http://www.deliverability.com

         See me for a business card




2007 © ELOQUA CORPORATION    CONFIDENTIAL   PRESENTATION TITLE   54
Q&A




2007 © ELOQUA CORPORATION    CONFIDENTIAL   PRESENTATION TITLE   55
Digital Body Language, Dennis Dayman, Eloqua

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Digital Body Language, Dennis Dayman, Eloqua

  • 1. Digital Body Language: Deciphering Customer Intentions in an Online World Dennis Dayman Chief Privacy Officer 2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 1
  • 2. Dennis Dayman Twitter: ddayman 2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 2
  • 3. What’s happening in today’s down market? New influence on Sales – The CFO Traditional recession strategies •  Tighten the Belt •  Do More With Less •  Keep Customers Happy Impact on Sales: •  Longer sales cycles •  More competition for less deals •  Finance gains influence; Sales must Talk VALUE 3
  • 4. How Marketers are Reacting 4
  • 5. Marketing’s New Language Responses Responses/Inquiries “has taken steps to demonstrate interest” Leads Leads Marketing Qualified Leads “a qualified business with a need” Opps Opps Forecast Business Biz Won Deals 5
  • 6. << “Customers’ buying processes have evolved in our world of ubiquitous, instant, global communication … but companies’ selling processes have for the most part stayed the same.” - Thomas Stewart, Editor Harvard Business Review August, 2006 Issue Editorial
  • 10. B2B Customer Buying Process 1995
  • 11. Read Buyer’s Body Language I’ll believe Where can I Get me it when I find budget out of see it for this? here This will Does he really make me a understand hero my business? 11
  • 12.
  • 13. 2009
  • 14. Read Buyer’s Body Language 14
  • 16. B2B Customer Buying Process 1995
  • 17. B2B Customer Buying Process 2009
  • 19. Today’s B2B Marketing Demand Generation Education Evaluation Lead Mgmt Closing 19
  • 20. It’s People, Process & Technology 20
  • 21. Getting All the Way There Is a Journey 21
  • 22. Step
  • 23.
  • 24. To aggregate information from various sources including Profiling transactions, response and demographic data to build an accurate picture of a target customer
  • 25.
  • 26.
  • 27. The Profiling Difference “Knowing how prospects have responded to marketing campaigns before the call is the single biggest factor in uncovering revenue opportunities for our inside sale team.” team” - Dir. of Marketing Operations, Google 27
  • 28. Step
  • 29.
  • 30. “Ranking one prospective buyer against another” 30
  • 31. Lead Scoring in Action 31
  • 32. Lead Scoring in Action 32
  • 33. Lead Scoring in Action 33
  • 34. Lead Scoring Pays Off Before After Lead Scoring Lead Scoring Leads sent to sales Close ratio Revenue per deal TOTAL REVENUE Based on a Survey of 10 Customers doing Lead Scoring for 165 days (under 6 months) 34
  • 35. Step
  • 36.
  • 37. Lead Nurturing Activity aimed at maintaining customer interest by using constant and relevant communication.
  • 38. Why Lead Nurturing? Within 24 months from Source: Sirius Decisions YOU or your competitor 38 38
  • 39. How do you know when your toast is done? 39
  • 40. Lead Nurturing in Action Day 1 Day 11 Day 21 Day 31 Day 41 Day 51 Day 61 Day 71 Day 81 40
  • 41. What’s working well? •  eBooks •  Webinars •  Podcasts •  White papers And what’s not? •  Cold calling •  Print ads •  Some DM 41
  • 42. Lead Nurturing Results Generated 1500 responses More than 400 companies re-engaged “Those same previously ignored leads turned out to be the best source of qualified opportunities” - VP Marketing, Voxify 42
  • 44. … more revenue from web- based campaigns
  • 45. … increase in marketing contributed sales opportunities
  • 47. … reduction in cost per lead
  • 48. … increase in inside sales productivity
  • 49. … more in leads from marketing
  • 50. … increase in email automation
  • 51. … more leads from the website
  • 52. Reading Digital Body Language I’ll believe Where can I Get me itSalespeoplebudget when I find Need to Know out of see it for this? here This will Does he really make me a understand Marketing hero Holds the Keys my business?
  • 53. •  Provide applications and expertise for B2B marketers to execute, automate and measure effective marketing programs that drive revenue •  Founded in 2000 •  With 20,000 users and 550 customers in 33 countries, Eloqua is the global leader in demand generation applications and expertise. •  250+ employees •  HQ in Virginia, offices throughout North America, Canada, UK, Asia 2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 53
  • 54. Dennis Dayman Twitter: ddayman Blog: http://www.deliverability.com See me for a business card 2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 54
  • 55. Q&A 2007 © ELOQUA CORPORATION CONFIDENTIAL PRESENTATION TITLE 55