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Linda bartmanpresentation
- 1. Challenger Selling ina Digital World Linda Bartman, Cars.com CMO
- 2. Cars.com Overview • Visitedby more than 12 unique visitors each month, Cars.com is the leading destination for online car shoppers. • We offer credible and easy-to- understand information from consumers and experts to help buyers research, price and find a car. • We’re a growing company with engaged people - 26% employee growth in the last three years
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- 4. Marketing Plays anIntegral Part Driving Traffic to Our Site Growing Brand Awareness Enabling Product Sell Through Our Role
- 5. Shifting Trends PresentUnique Challenges
- 6. Our Challenge -Marketplace Complexity
- 7. Our Challenge –Increasing Revenue and Value SPECIAL OFFERS BASEDRIVE CARS360 PREMIER USEDCARSPECIALS PREMIER NEW POWERPOSITIONS NEWLEADSPLUS SECURE CREDIT APPLICATION INDEPENDENT AD PACKAGE Increasing Revenue Increasing Our Marketplace Value
- 8. Winning in aComplex Sales Environment The Challenger Sale Approach: • Corporate Executive Board (CEB) surveyed over 6,000 sales professionals across geographies and industries • The research revealed that sales professionals fall into one of five profiles: Relationship Builder Problem Solver Hard Worker Lone WolfChallenger
- 9. Creating Customer andIndustry Demand Lead to Your Unique Strengths Challenge Customers’ Assumptions Catalyze Action Scale Across Customers 2011 The Corporate Executive Board Company
- 10. Operationalizing Around aNew Approach
- 11. The Challenger Modelof Marketing Content Marketing Product Marketing Data and Analytics • Develops insights- based content • Provides customers with information before they know they need it • Brings focus to our thought leadership efforts • Equips sales with Challenger tools • Defines go-to- market strategy and execution • Taps market and customer intelligence • Collaborates with product on strategy • Aligns sales and marketing • Defines what studies are needed • Mines data for content and insights • Packages insights to influence marketing strategy • Shapes product offerings based on data
- 12. Adopting a MarketingChallenger Mindset Coordinated sales, training, marketing effort to connect with customers in a relatable way Language Tools Resources
- 13. Old vs. NewSales Model 2014 The Corporate Executive Board Company
- 14. Capturing Customer andIndustry Attention
- 15. The 7 DigitalSins of Attribution • Challenged long-held customer beliefs about value and attribution • Gave dealers advice on how to align metrics with activities of today’s shoppers • Introduced a new metrics framework • Provided sales with tools to support retention when faced with cancels due to performance
- 16. A New ContentEcosystem Varied Content ebook Youtube Video Email Newsletter Facebook Posts Weekly Blog Posts Landing PageTwitter Posts Conversation Cards Webinar Webinar
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- 18. Success with ChallengerInsights 60% more webinar attendees than competitor's webinar on the same day and time 2x more eBook views than a similar eBook released earlier in the year
- 19. #1 Third-party siteused on the dealer lot Leverages Our Distinct Advantage Products give an instant mobile presence Mobile Marketing Strategy and Mobile Value Mobile use set to exceed desktop in 2014 Leads to Key Products Educates Advertisers with Insights and Content Aligns with Consumer Trends Continuing to Create Demand with Mobile Our Mobile Message
- 20. Taking it toMarket Sales Training Conversations with Customers WebinarMobile and Online AdvertisingPowerful Content Extending Our Story Social Media Sales and Dealer Tools
- 21. Challenger Marketing Success Advertisingclick thru rates were 300% abovethe industry average 4% increase in social fans/followers 158% increase in unique visits to the mobile campaign microsite Achieved more than $1MM in annualized revenue during first three days of the campaign
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- 23. Vary content: • Longand short form pieces • Video, print and digital • Fit multiple sales distribution channels Define the Challenger Selling training plan: • Timelines • Supporting materials • Ownership and champions Establish an integration process first: • Within marketing • With key stakeholders (product, sales, training) Our Key Learnings
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