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MAGIC EIGHT-BALL: MAKING PREDICTIVE
ANALYTICS WORK FOR YOUR ORGANIZATION
Allison MacLeod
Sr. Director, Demand Generation & Marketing Operations,
Rapid7
About me
2
Allison MacLeod
Sr. Director of Demand, Customer & Marketing Ops
@ Rapid7
www.rapid7.com
Allison_macleod@rapid7.com
@allib1121
https://www.linkedin.com/in/allisonbmacleod
Agenda
3
•Rapid7’s story with (marketing) predictive analytics & scoring
•A framework/checklist to put into practice
•Q&A
Confidential and Proprietary 4
Rapid7’s Story | The Challenge
 Traditional lead & behavioral scoring became
inaccurate
 Too many ‘junk’ leads passed through= too much noise!
 High lead volume model = not able to automatically
scale qualification process on scoring and scrubbing
data alone
So Many Options!
5
Solution & Technology Chosen
INFER
PREDICTIVE LEAD SCORING & ANALYTICS
WWW.INFER.COM
Why Infer?
7
• Great POC and free trial(45 days) process – able to see it in action before
purchase
• Fast implementation time – 2 weeks
• Dedicated CSM – model updates every 90-120 days
• Accuracy and better quality= scale!
• Solution direction
• Cost
• Integration
Uses
8
Contact
Scoring
• Inbound
• Threshold for becoming
Marketing Qualified Lead
(MQL)
• Prioritization
• Focus on programs
• Other uses – high
volume
programs/events, lists,
etc.
Account
Scoring
• Prioritization of accounts
for sales – especially
useful with territory
models
• Focus for Marketing
team on ABM programs
– Enterprise/Named
accounts
*Intent-
driven
• Beta stage
• Greenfield accounts
delivered
• Intent- based (by key
terms)
Results
9
Decrease (20%) in quantity
of leads passed = higher
quality
5% MQLs dispositioned as
Junk
10-20 20-30 30-40 40-50 50-60 60-70 70-80
20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100
20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100
Conversion to
opportunity
Conversion to
SQO
Higher opp &
deal size
The higher the score….
Next Steps
10
•Leverage intent driven data – nurture, sales alignment
•Model revisions (geo, industry)
•Embed in ABM efforts
A FRAMEWORK FOR
GETTING STARTED
A Framework/Checklist
12
GETTING STARTED
Ask yourself…
 What is the challenge I’m trying to
solve?
 How will I use/implement the data?
 Is sales aligned?
 For scoring – do I have a high
volume model?*
CHOOSING A VENDOR
Consider…
 Do they offer a POC or trial?
 Upfront cost? Ongoing?
 Will they commit dedicated resources?
 Customizable?
 Integration?
 Competition?
 Roadmap?
IMPLEMENTATION
Take the following steps…
 Test/pilot with small team
 Gather feedback
 Refine model
 Test again
 Launch!
ALIGNMENT & ONGOING USE
Make sure you…
 Create a champion in sales
 Prove efficacy and value – quickly!
 Gather feedback frequently
 Update your models (quarterly)
 Expand!
THANK YOU!
ALLISON_MACLEOD@RAPID7.COM

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MassTLC summit_amacleod_predictiveanalytics

  • 1. MAGIC EIGHT-BALL: MAKING PREDICTIVE ANALYTICS WORK FOR YOUR ORGANIZATION Allison MacLeod Sr. Director, Demand Generation & Marketing Operations, Rapid7
  • 2. About me 2 Allison MacLeod Sr. Director of Demand, Customer & Marketing Ops @ Rapid7 www.rapid7.com Allison_macleod@rapid7.com @allib1121 https://www.linkedin.com/in/allisonbmacleod
  • 3. Agenda 3 •Rapid7’s story with (marketing) predictive analytics & scoring •A framework/checklist to put into practice •Q&A
  • 4. Confidential and Proprietary 4 Rapid7’s Story | The Challenge  Traditional lead & behavioral scoring became inaccurate  Too many ‘junk’ leads passed through= too much noise!  High lead volume model = not able to automatically scale qualification process on scoring and scrubbing data alone
  • 6. Solution & Technology Chosen INFER PREDICTIVE LEAD SCORING & ANALYTICS WWW.INFER.COM
  • 7. Why Infer? 7 • Great POC and free trial(45 days) process – able to see it in action before purchase • Fast implementation time – 2 weeks • Dedicated CSM – model updates every 90-120 days • Accuracy and better quality= scale! • Solution direction • Cost • Integration
  • 8. Uses 8 Contact Scoring • Inbound • Threshold for becoming Marketing Qualified Lead (MQL) • Prioritization • Focus on programs • Other uses – high volume programs/events, lists, etc. Account Scoring • Prioritization of accounts for sales – especially useful with territory models • Focus for Marketing team on ABM programs – Enterprise/Named accounts *Intent- driven • Beta stage • Greenfield accounts delivered • Intent- based (by key terms)
  • 9. Results 9 Decrease (20%) in quantity of leads passed = higher quality 5% MQLs dispositioned as Junk 10-20 20-30 30-40 40-50 50-60 60-70 70-80 20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100 20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100 Conversion to opportunity Conversion to SQO Higher opp & deal size The higher the score….
  • 10. Next Steps 10 •Leverage intent driven data – nurture, sales alignment •Model revisions (geo, industry) •Embed in ABM efforts
  • 12. A Framework/Checklist 12 GETTING STARTED Ask yourself…  What is the challenge I’m trying to solve?  How will I use/implement the data?  Is sales aligned?  For scoring – do I have a high volume model?* CHOOSING A VENDOR Consider…  Do they offer a POC or trial?  Upfront cost? Ongoing?  Will they commit dedicated resources?  Customizable?  Integration?  Competition?  Roadmap? IMPLEMENTATION Take the following steps…  Test/pilot with small team  Gather feedback  Refine model  Test again  Launch! ALIGNMENT & ONGOING USE Make sure you…  Create a champion in sales  Prove efficacy and value – quickly!  Gather feedback frequently  Update your models (quarterly)  Expand!