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© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Time, love and intent data - a killer recipe for demand generation
Mike Madden | Head of Commercial Demand Gen - North America, Marketo | @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
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© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Time, love and intent data - a killer recipe for demand generation
Mike Madden | Head of Commercial Demand Gen - North America, Marketo | @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Timing is Everything
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Inside the Marketo machine
Named
Accounts
Target
Accounts
Non-ICP
Accounts
Named Accounts – Mintigo Score > 84, Meet
Core Ideal Customer Profile Requirements
Target Accounts – Mintigo Score > 49, Meet
Core Ideal Customer Profile Requirements
Non-ICP Accounts – Not a product or market fit
for Marketo
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Sales likes our leads – Here’s why
AQL = Target Status (Target) + Behaviour Score (>19) + Account Score (>29)
• Right Job Title
• First/Last Name
• Valid Email/Phone
• Company Name
• Not junk Lead
• Email Clicks
• Form Completions
• Visited Booth
• Attended Webinar
• Attended Demo
• Downloaded Analyst Report
• Scoring decay to capture
inactivity
Predictive Account Score powered
by Mintigo
Looks at:
• Annual Revenue
• Employee Size
• Industry
• Location
• Technologies Used
• Other signals like hiring trends,
funding levels, social media
activity, etc.
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Buyers get the right content, at the right time
Behaviour
Score = 0
Early
Stage, No
Activity
Behaviour
Score 1-10
Early
Stage
Behaviour
Score 11-29
Mid
Stage
Behaviour
Score > 29
Late
Stage
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Investment Drives Content Consumption
Reactivation
(No Engagement in Past 1 Year)
Early Stage
(Behaviour Score = 0 - 10)
Mid Stage
(Behaviour Score 11-29)
Late Stage
(Behaviour Score > 29)
Any lead, regardless of vertical or
business type, with a last
engagement date before 1 year ago
Messaging:
• We Miss You
• It’s Been A While
• Call out unsubscribe
• Click = Reactivation
Content Types:
• Blogs
• Worksheets
• Cheat Sheets
• Infographics
• Slides and Templates
Engagement Segmentation:
In past 1 year
Content Types:
• Blogs
• Worksheets
• Ebooks
• Webinars
• Cheat Sheets
• Infographics
• Slides and Templates
Engagement Segmentation:
In past 1 year
Content Types:
• Blogs
• Worksheets
• Ebooks
• Cheat Sheets
• Webinars
• Analyst Reports
• Sales CTA
• Infographics
• Slides and Templates
Engagement Segmentation:
Past 30 days, past 60 days, past
90 days, & past 1 year
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
The marketing funnel, simplified
Anonymous
CapDB
Inquiries
AQLs
SQL
CLOSE
Program Types
Top of Funnel – New Name Acquisition
• Content Syndication
• Sponsored Emails
• Sponsored Webinars
• Virtual Events
• Paid Digital/Social
KPIs by Stage
Top of Funnel – New Name Acquisition
• Cost per new name (CPNN)
• Cost per Target acquisition
• FT Pipeline to Cost
• FT Revenue to Cost
• New Names & Targets
Mid Funnel – Behavioural Acceleration
• Cost per AQL
• Inquiry -> AQL Conversion Rate
• Engagement Rates
• AQLs (Leads/Contacts)
Mid Funnel – Behavioural Acceleration
• Database Emails (Early, Mid, Late, Reactivation)
• Webinars
• Behaviour Triggered Campaigns
• Field/Live Events
Bottom Funnel – Close the Deal
• Deal Support
• Pipeline Acceleration
• Accelerators
Bottom Funnel – Close the Deal
• Sales acceptance (MQL -> SAL -> SQL)
• Marketing Sourced vs Sales Sourced vs
Partner Sourced
• ASP
• Win Rates
• New Bookings#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Sprinkling in the Intent Data
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Munchkin Code Can Track:
• Email Engagement
• Web Engagement
• Form Fills
• Asset Downloads
• Landing Page Performance
Marketo + intent data = the complete picture
What Marketo Can See
What Bombora Can See
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Gave Bombora List of
Customers Who Closed Won
in Past 6 Months
Mapped Historical Intent Data
to 100 Topics over 18 Months
Before Closed Won
Used Top 50 Topics to Build a
Powerful Intent Data
Processor in Marketo
Laying the intent data cornerstone
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
The original historical data set
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Building the case for our sellers
17,995
11,324
7,983
5,156
3,783 3,702
7,852
5,044
3,381
2,386
1,623 1,469
0-3 Months 3-6 Months 6-9 Months 9-12 Months 12-15 Months 15-18 Months
Total Topic Surges Over Time
Customer Group
Control Group
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
The 3 most important factors behind intent data
Surge Score Specific Topic Topic Count
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Condensing intent data into a single scoring field
A few things we can do:
• Immediate account prioritisation for sales
• ‘Wake the Dead’ campaigns to reactivate
sleepy subscribers
• Extremely targeted digital advertising to
high intent accounts
• Hyper relevant database emails
Surge
Score
Specific
Topic
Topic
Count
Bombora
Weighted
Score
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
The process for intent-powered email marketing
Then Email
Leads at Account
that fit buying
profile based on
Topic Cluster
If Account shows
intent, Weighted
Surge Score
threshold met,
and ICP criteria
met…
Weekly Bombora
Update – Sunday
Evenings
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
The results speak volumes for timing & intent
0%
5%
10%
15%
20%
25%
30%
35%
Bombora Emails Marketing Emails
Open Rate
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
1.4%
1.6%
1.8%
2.0%
Bombora Emails Marketing Emails
Click-Through Rate
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
How to immediately prioritise the right accounts
And if we want sales to call specific
people at the account:
1. If weighted score threshold is met and
account has…
• High predictive account score
• Marketing Manager + Title
• Fits the right business unit
2. Then, P3 AQL, write interesting
moment, update account in SFDC, and
send sales alert
Weighted Surge Score
TotalAccounts
P3/P4 AQLs
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Sales reps now have one killer talk track
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Outbound never had better timing
Surge by category:
• Competitive
• Solution oriented
• Product oriented
• Topic total
DIGITAL
Topic or
Category Surge
EMAIL
Topic/Category
Surge
REACTIVATION
Topic/Category
Surge &
Unengaged Past
One Year
WHITESPACE
Complete
whitespace at
key accounts
with intent
CRM UPDATE
Surge Data on
Account
Record
SALES PLAYS
Email and
calling
sequences
ALYCE
Personalised
direct mail for
named/target
accounts
DONUT DROPS
Actually
dropping
donuts at key
accounts
MARKETING AIRCOVER
SALES OUTBOUND
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Even our cross-sell model is fueled by intent data
AQL = Ideal Cross-sell Target + (Product Interest > X OR Bombora Surge)
• Does not have Product ‘X’
• Is identified as a fit for
Product ‘X’ using Mintigo
predictive model
• Has shown interest, via
Marketo tracking, in
specific categories
related to cross-sell
products
• Customer account shows
surge on keyword or
categories related to
Product ‘X’, which they do
not currently own
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
But it hasn’t always been perfect…
Big Database = TONS of API calls, slowing down our Marketo instance
Sales adoption isn’t easy when it’s more of an inbound culture
Marketo speaks in leads, not accounts
1
2
3
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Key takeaways
1. Harness intent data for
campaigns, outbound, and lead
qualification models for near
perfect timing that’ll have your
sales people laughing.
2. Utilise intent data to delight
customers with hyper-relevant
cross-sell demand gen…and even
prevent customer churn!
3. Timing is everything. With a little
bit of luck and the right timing, you
could walk right past your future
wife on the street and two years
later…marry her.
#AdobeSummit @mike_p_madden
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
Submit your questions using the Summit App
Your question, or one similar, may already be in the queue
#AdobeSummit @twitterhandle
Mike Madden
mmadden@adobe.com
Twitter: @mike_p_madden
LinkedIn: michaelmadden824/
© 2019 Adobe. All Rights Reserved. Adobe Confidential.
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Time love intent - Mike Madden - Adobe Summit 2019 - Marketo

  • 1. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Time, love and intent data - a killer recipe for demand generation Mike Madden | Head of Commercial Demand Gen - North America, Marketo | @mike_p_madden
  • 2. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Don’t forget to tweet using #AdobeSummit https://adobe.ly/2IlgeCp Scan the QR code and download the Summit event app to get involved
  • 3. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Log in to your account using the details sent to you when you registered Enable social and select the room for your session Ask questions and answer polls Interact with Summit 2019 using the event app Don’t forget to tweet using #AdobeSummit
  • 4. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Time, love and intent data - a killer recipe for demand generation Mike Madden | Head of Commercial Demand Gen - North America, Marketo | @mike_p_madden
  • 5. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Timing is Everything #AdobeSummit @mike_p_madden
  • 6. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Inside the Marketo machine Named Accounts Target Accounts Non-ICP Accounts Named Accounts – Mintigo Score > 84, Meet Core Ideal Customer Profile Requirements Target Accounts – Mintigo Score > 49, Meet Core Ideal Customer Profile Requirements Non-ICP Accounts – Not a product or market fit for Marketo #AdobeSummit @mike_p_madden
  • 7. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Sales likes our leads – Here’s why AQL = Target Status (Target) + Behaviour Score (>19) + Account Score (>29) • Right Job Title • First/Last Name • Valid Email/Phone • Company Name • Not junk Lead • Email Clicks • Form Completions • Visited Booth • Attended Webinar • Attended Demo • Downloaded Analyst Report • Scoring decay to capture inactivity Predictive Account Score powered by Mintigo Looks at: • Annual Revenue • Employee Size • Industry • Location • Technologies Used • Other signals like hiring trends, funding levels, social media activity, etc. #AdobeSummit @mike_p_madden
  • 8. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Buyers get the right content, at the right time Behaviour Score = 0 Early Stage, No Activity Behaviour Score 1-10 Early Stage Behaviour Score 11-29 Mid Stage Behaviour Score > 29 Late Stage #AdobeSummit @mike_p_madden
  • 9. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Investment Drives Content Consumption Reactivation (No Engagement in Past 1 Year) Early Stage (Behaviour Score = 0 - 10) Mid Stage (Behaviour Score 11-29) Late Stage (Behaviour Score > 29) Any lead, regardless of vertical or business type, with a last engagement date before 1 year ago Messaging: • We Miss You • It’s Been A While • Call out unsubscribe • Click = Reactivation Content Types: • Blogs • Worksheets • Cheat Sheets • Infographics • Slides and Templates Engagement Segmentation: In past 1 year Content Types: • Blogs • Worksheets • Ebooks • Webinars • Cheat Sheets • Infographics • Slides and Templates Engagement Segmentation: In past 1 year Content Types: • Blogs • Worksheets • Ebooks • Cheat Sheets • Webinars • Analyst Reports • Sales CTA • Infographics • Slides and Templates Engagement Segmentation: Past 30 days, past 60 days, past 90 days, & past 1 year #AdobeSummit @mike_p_madden
  • 10. © 2019 Adobe. All Rights Reserved. Adobe Confidential. The marketing funnel, simplified Anonymous CapDB Inquiries AQLs SQL CLOSE Program Types Top of Funnel – New Name Acquisition • Content Syndication • Sponsored Emails • Sponsored Webinars • Virtual Events • Paid Digital/Social KPIs by Stage Top of Funnel – New Name Acquisition • Cost per new name (CPNN) • Cost per Target acquisition • FT Pipeline to Cost • FT Revenue to Cost • New Names & Targets Mid Funnel – Behavioural Acceleration • Cost per AQL • Inquiry -> AQL Conversion Rate • Engagement Rates • AQLs (Leads/Contacts) Mid Funnel – Behavioural Acceleration • Database Emails (Early, Mid, Late, Reactivation) • Webinars • Behaviour Triggered Campaigns • Field/Live Events Bottom Funnel – Close the Deal • Deal Support • Pipeline Acceleration • Accelerators Bottom Funnel – Close the Deal • Sales acceptance (MQL -> SAL -> SQL) • Marketing Sourced vs Sales Sourced vs Partner Sourced • ASP • Win Rates • New Bookings#AdobeSummit @mike_p_madden
  • 11. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Sprinkling in the Intent Data #AdobeSummit @mike_p_madden
  • 12. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Munchkin Code Can Track: • Email Engagement • Web Engagement • Form Fills • Asset Downloads • Landing Page Performance Marketo + intent data = the complete picture What Marketo Can See What Bombora Can See #AdobeSummit @mike_p_madden
  • 13. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Gave Bombora List of Customers Who Closed Won in Past 6 Months Mapped Historical Intent Data to 100 Topics over 18 Months Before Closed Won Used Top 50 Topics to Build a Powerful Intent Data Processor in Marketo Laying the intent data cornerstone #AdobeSummit @mike_p_madden
  • 14. © 2019 Adobe. All Rights Reserved. Adobe Confidential. The original historical data set #AdobeSummit @mike_p_madden
  • 15. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Building the case for our sellers 17,995 11,324 7,983 5,156 3,783 3,702 7,852 5,044 3,381 2,386 1,623 1,469 0-3 Months 3-6 Months 6-9 Months 9-12 Months 12-15 Months 15-18 Months Total Topic Surges Over Time Customer Group Control Group #AdobeSummit @mike_p_madden
  • 16. © 2019 Adobe. All Rights Reserved. Adobe Confidential. The 3 most important factors behind intent data Surge Score Specific Topic Topic Count #AdobeSummit @mike_p_madden
  • 17. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Condensing intent data into a single scoring field A few things we can do: • Immediate account prioritisation for sales • ‘Wake the Dead’ campaigns to reactivate sleepy subscribers • Extremely targeted digital advertising to high intent accounts • Hyper relevant database emails Surge Score Specific Topic Topic Count Bombora Weighted Score #AdobeSummit @mike_p_madden
  • 18. © 2019 Adobe. All Rights Reserved. Adobe Confidential. The process for intent-powered email marketing Then Email Leads at Account that fit buying profile based on Topic Cluster If Account shows intent, Weighted Surge Score threshold met, and ICP criteria met… Weekly Bombora Update – Sunday Evenings #AdobeSummit @mike_p_madden
  • 19. © 2019 Adobe. All Rights Reserved. Adobe Confidential. The results speak volumes for timing & intent 0% 5% 10% 15% 20% 25% 30% 35% Bombora Emails Marketing Emails Open Rate 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% 1.4% 1.6% 1.8% 2.0% Bombora Emails Marketing Emails Click-Through Rate #AdobeSummit @mike_p_madden
  • 20. © 2019 Adobe. All Rights Reserved. Adobe Confidential. How to immediately prioritise the right accounts And if we want sales to call specific people at the account: 1. If weighted score threshold is met and account has… • High predictive account score • Marketing Manager + Title • Fits the right business unit 2. Then, P3 AQL, write interesting moment, update account in SFDC, and send sales alert Weighted Surge Score TotalAccounts P3/P4 AQLs #AdobeSummit @mike_p_madden
  • 21. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Sales reps now have one killer talk track #AdobeSummit @mike_p_madden
  • 22. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Outbound never had better timing Surge by category: • Competitive • Solution oriented • Product oriented • Topic total DIGITAL Topic or Category Surge EMAIL Topic/Category Surge REACTIVATION Topic/Category Surge & Unengaged Past One Year WHITESPACE Complete whitespace at key accounts with intent CRM UPDATE Surge Data on Account Record SALES PLAYS Email and calling sequences ALYCE Personalised direct mail for named/target accounts DONUT DROPS Actually dropping donuts at key accounts MARKETING AIRCOVER SALES OUTBOUND #AdobeSummit @mike_p_madden
  • 23. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Even our cross-sell model is fueled by intent data AQL = Ideal Cross-sell Target + (Product Interest > X OR Bombora Surge) • Does not have Product ‘X’ • Is identified as a fit for Product ‘X’ using Mintigo predictive model • Has shown interest, via Marketo tracking, in specific categories related to cross-sell products • Customer account shows surge on keyword or categories related to Product ‘X’, which they do not currently own #AdobeSummit @mike_p_madden
  • 24. © 2019 Adobe. All Rights Reserved. Adobe Confidential. But it hasn’t always been perfect… Big Database = TONS of API calls, slowing down our Marketo instance Sales adoption isn’t easy when it’s more of an inbound culture Marketo speaks in leads, not accounts 1 2 3 #AdobeSummit @mike_p_madden
  • 25. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Key takeaways 1. Harness intent data for campaigns, outbound, and lead qualification models for near perfect timing that’ll have your sales people laughing. 2. Utilise intent data to delight customers with hyper-relevant cross-sell demand gen…and even prevent customer churn! 3. Timing is everything. With a little bit of luck and the right timing, you could walk right past your future wife on the street and two years later…marry her. #AdobeSummit @mike_p_madden
  • 26. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Submit your questions using the Summit App Your question, or one similar, may already be in the queue #AdobeSummit @twitterhandle Mike Madden mmadden@adobe.com Twitter: @mike_p_madden LinkedIn: michaelmadden824/
  • 27. © 2019 Adobe. All Rights Reserved. Adobe Confidential. Log in to your account using the details sent to you when you registered Enable social, search the schedule and favourite the session Complete the survey Interact with Summit 2019 using the event app Don’t forget to tweet using #AdobeSummit
  • 28. Complete the Survey to WIN! Log in to your account Enable social Download the App 1 Complete at least 9 surveys to enter the prize draw 4 One chance to win per session Please favourite the session Survey available as the session starts Win an Adobe Creative Cloud 1 Year License 3 2 Win a Surface Go The hybrid PC dream made real