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[FREE] The ROI of Automation: A Pardot eBook

[FREE] The ROI of Automation: A Pardot eBook | The MarTech Digest | Scoop.it
According to Gleanster, CMOs at top-performing companies indicate that their most compelling reason for implementing marketing automation is to increase revenue (79%) and get higher quality leads (76%). The ROI of Marketing Automation eBook takes a closer look at the ways in which marketers can improve their return on marketing investment.

The eBook covers:
the top two techniques for accelerating your sales funnel

how marketing automation can help improve marketing and sales alignment

how your close rates will be (positively!) impacted by an automation tool

the added insight into ROI and sales funnel health gained through implementing marketing automation


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Almost one fifth of companies adopting marketing automation boost revenue 75% or more - VentureBeat

Almost one fifth of companies adopting marketing automation boost revenue 75% or more - VentureBeat | The MarTech Digest | Scoop.it

Digest...


A full quarter of companies that adopt marketing automation boost revenue between 30 and 49 percent, according to a new study by RazorSocial’s Ian Cleary. Another 20 percent of companies see revenue jump between 15 and 29 percent.

 

But significant errors in system selection can lead to negative ROI — and dissatisfaction.

 

“Picking the wrong tool, not assigning the right resources, and not managing the initial and ongoing implementation can lead to reduced or even non-existent ROI,” Cleary says. “Almost half of those who have implemented marketing automation are not sure, months or years later, whether the time, energy, and money to do marketing automation has been worth it.” That’s a striking dichotomy: significant ROI on the one hand, and seemingly inexplicable unhappiness with results on the other hand.

 

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Joemktg's insight:

The pain is felt when you have the wrong people, poor implementation and insufficient content. Solve those additives, and you're fine.

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Top 4 Things to Measure With Marketing Automation | Lead Views - a B2B Lead Generation Blog | #TheMarketingTechAlert

Top 4 Things to Measure With Marketing Automation | Lead Views - a B2B Lead Generation Blog | #TheMarketingTechAlert | The MarTech Digest | Scoop.it

Basic/ Digest...


Here are four that we highly recommend:

1. Total Leads Generated From Each Campaign

Gone are the days when marketers could run fun creative campaigns and depend on sales to bring in revenue. Today marketers are increasingly being asked to take on revenue responsibility. The first step towards that is measuring the total number of leads generated from each campaign.

 

2. Lead Attribution & Potential Revenue Per Lead

For starters identify the exact source from which each lead originated and each one’s revenue potential.

 

3. Campaign ROI

Calculating ROI for each of your marketing campaigns can be a challenging process. It takes time to build the systems and processes needed to track leads all along your funnel over an extended period of time, as they move from the marketing team to the lead qualification team to the sales team.

 

4. Website Visits by Keywords

Apart from all your marketing metrics, website visits by keywords is an important thing to track. It shows what keywords visitors used to arrive at your website. This helps you understand what keywords best resonate with your audience. Also get detailed information such as company name and contact details for each of those visitors. This information is particularly valuable as the free version of Google Analytics no longer provides it.

 

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Joemktg's insight:

I'm not certain this is the right approach. Your measurements are a direct function of your quantifiable objectives going into each campaign.

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Marketing Automation Tips from Dreamforce - Newfangled | #TheMarketingAutomationAlert

Marketing Automation Tips from Dreamforce - Newfangled | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it
The mobile inbox, email deliverability, and closed-loop reporting were all big focuses of the Salesforce Dreamforce conference in 2013.


Intermediate/ Digest...


1. You should care about the mobile inbox

It may not come as much of a surprise, but almost 50% of all email opens are now happening on mobile devices. Yet I am still seeing emails that are not optimized for viewing on a phone. Always test your email on a mobile device prior to sending. Most online mobile phone simulators are not 100% accurate, so be sure to test using the real thing.

 

2. Email deliverability is up to you

I mentioned this in a previous blog post, but it was a huge theme at Dreamforce - if you want your emails to be delivered to the inboxes of your recipients (rather than their spam folders), you need to be producing emails that are engaging.

 

3. Prove it's working

With the ability to fully integrate websites, marketing automation platforms, and CRM systems, closed-loop reporting is now more achievable than ever. You can trace the new business you win all the way back to the lead source and the specific campaigns that influenced the new customer. These systems come at a cost, but the reporting you get will enable to to see the return on that investment.

 

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Joemktg's insight:

These three themes are relatively simple, and as a marketing technologist you are already keenly aware of what needs to be done. Knowing how involved SFDC is with each breakout session, I'm not surprised that the topics are not terribly difficult.

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How Do I Justify The Price Tag on a New Marketing Automation System? - Capterra Blog | #TheMarketingAutomationAlert

How Do I Justify The Price Tag on a New Marketing Automation System? - Capterra Blog | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it

Intermediate/ Digest...


Here are some of the factors that go into the revenue equation so you can get a rough estimate based on data you have now:

-- >  Marketing automation programs send more targeted messages to your prospects. As a result, your current response rates will increase.

-- >  You’ll also get greater insight into your prospects’ behaviors using marketing automation software. As a result, you can better qualify leads based on patterns and indications you see over time. Better qualified marketing leads means that sales will be more likely to follow up with those leads, and thus the number of sales-accepted leads will go up.

-- >  Additionally, because sales has better insight into where leads came from and a holistic view of that prospect’s interactions with your company, they’ll be better able to sell that prospect on your product or service. As a result, your sales team can create more sales opportunities. A higher number of opportunities means that you’ll increase sales, assuming your close rate stays constant.

 

Here are four examples of how resources can be freed up (not just in your marketing department) with the help of marketing automation software, to create cost-savings that you can work into your overall ROI equation:

-- >  Marketing automation programs minimize the time you currently spend segmenting and cleaning up email lists.

-- >  The time it takes to deploy a well-targeted campaign with marketing automation is significantly less than a batch and blast email deployment.

-- >  Marketing automation comes with built-in reporting and tracking. This saves your tech team the time of pulling reports so they can focus more on building your product or improving your website.

-- >  The efficiencies marketing automation programs create with regards to design work can be huge, and you don’t have to be an HTML expert to enjoy these cost-saving benefits.

 

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NEW: iNeoMarketing makes content marketing easy with the new Q8 Content. Q8 fills your content pipeline daily with relevant articles that your audience wants to read. Learn more and sign up for the beta program: http://www.Q8content.com.

 

Receive a FREE daily summary of The Marketing Technology Alert directly to your inbox. To subscribe, please go to http://ineomarketing.com/About_The_MAR_Sub.html  (your privacy is protected).


Joemktg's insight:

An easier way to tackle this is to see Marketo's ROI calculator. Regardless, don't downplay the benefits: they can be significant.

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Marketing Automation Systems Said to Assist B2B Content Marketing Revenue Contributions - MarketingCharts | #TheMarketingAutomationAlert

Marketing Automation Systems Said to Assist B2B Content Marketing Revenue Contributions - MarketingCharts | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it

Intermediate/ Excerpt...


While B2B marketers are having some trouble measuring the ROI of their content marketing efforts, they’re fairly clear on which capabilities can best improve the revenue contributions of those efforts. The recently-released 2013 Lenskold Group/Pedowitz Group Lead Gen Marketing Effectiveness Study separated respondents into two groups: those who describe themselves as highly effective and efficient (13% of the sample) and the rest. Both groups were most likely to say that marketing automation systems are responsible for improving content marketing-derived revenues.

 

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NEW: iNeoMarketing makes content marketing easy with the new Q8 Content. Q8 fills your content pipeline daily with relevant articles that your audience wants to read. Learn more and sign up for the beta program: http://www.Q8content.com.

 

Receive a FREE daily summary of The Marketing Technology Alert directly to your inbox. To subscribe, please go to http://ineomarketing.com/About_The_MAR_Sub.html  (your privacy is protected).


Joemktg's insight:

More from the Lenskold Group study. Honestly, I cannot find reason between the first two, as most MA users.

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The ROI of Marketing Automation - MarketingPilgrim | #TheMarketingAutomationAlert

The ROI of Marketing Automation - MarketingPilgrim | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it

 

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NEW: iNeoMarketing makes content marketing easy with the new Q8 Content. Q8 fills your content pipeline daily with relevant articles that your audience wants to read. Learn more and sign up for the beta program: http://www.Q8content.com.

 

Receive a FREE daily summary of The Marketing Technology Alert directly to your inbox. To subscribe, please go to http://ineomarketing.com/About_The_MAR_Sub.html  (your privacy is protected).



Joemktg's insight:

The value of this post? The supporting data, offered here to help you with ROI projections should you need to justify expenditures as a part of the 2014 budget.

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How to Show ROI of Content and Inbound Marketing to Your CEO - ClickZ | #TheMarketingAutomationAlert

How to Show ROI of Content and Inbound Marketing to Your CEO - ClickZ | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it
As we move forward in our data-driven business world, the companies that can integrate all their teams, processes, and tools together will be much more efficient and see better results.


Excerpt...


As we move forward in our data-driven business world, the companies that can integrate all their teams, processes, and tools together will be much more efficient and see better results. In the case of inbound marketing (especially content marketing), integrating your systems together into a closed loop tracking system is the key for showing ROI from your team's efforts. With a closed loop tracking system you will be able to track an individual throughout her entire buying lifecycle, from her initial interaction with your brand to the point that she becomes a brand evangelist.

 

Now, I know this is not as simple as flipping on a light switch. For organizations that currently do not have a closed loop tracking system in place, it will require a great deal of time, money, and commitment to get a system in place to maintain it. But it will be essential in moving forward in our increasingly data-driven world.

 

Once you have a closed loop tracking system in place, it is actually very easy to show the impact your content has on driving leads and converting customers. At our agency we use HubSpot to manage our internal and client inbound marketing efforts. When connected with your CRM, HubSpot's reporting tool will give you breakdowns on exactly which channels are producing visits, leads, and customers.

Joemktg's insight:

A simple response to the title of the article could be "Install marketing automation." But the larger picture is this: MA provides you with many benefits, but especially a means by which to PROVE ROI. And if you can continually prove ROI, where do you think investment dollars will be allocated? You bet! Cross the damn chasm!


  • See the article at www.clickz.com
  • Receive a daily summary of The Marketing Automation Alert directly to your inbox. Subscribe here (your privacy is protected).
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  • iNeoMarketing drives more revenue and opportunities for B2B companies using marketing technologies. Contact us
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The ROI of Marketing Automation [INFOGRAPHIC] - Pardot | #TheMarketingAutomationAlert

The ROI of Marketing Automation [INFOGRAPHIC] - Pardot | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it
Joemktg's insight:

Fascinated by the rapid assimilation of Pardot into the SFDC branding. A very basic infographic, and I guess it's aimed at the SFDC base (and internals) who are not familiar with MA.


  • See the article at www.pardot.com
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  • iNeoMarketing drives more revenue and opportunities for B2B companies using marketing technologies. Contact us
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Calculating the ROI of Marketing Automation - Pardot | #TheMarketingAutomationAlert

Calculating the ROI of Marketing Automation - Pardot | #TheMarketingAutomationAlert | The MarTech Digest | Scoop.it

Interested in seeing exactly what automation can do for you? Take the ROI calculator for a spin and see what your marketing and sales departments could be accomplishing.

Joemktg's insight:

Nice little model. Take it for a spin.


  • See the article at www.pardot.com
  • Receive a daily summary of The Marketing Automation Alert directly to your inbox. Subscribe here (your privacy is protected).
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  • iNeoMarketing drives more revenue and opportunities for B2B companies using marketing technologies. Contact us
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Forget 80/20: Here’s a 50/50 Rule for Marketing Automation - Kuno Creative

Forget 80/20: Here’s a 50/50 Rule for Marketing Automation - Kuno Creative | The MarTech Digest | Scoop.it
There’s one thing that holds back every marketing automation program or campaign: creative production.


Excerpt...


The 50/50 rule is simple: Half of your time should be given to producing the creative for any given marketing activity, and the other half is dedicated to setting up the marketing automation.


There are calls-to-action to be placed and A/B tested. There are landing page variations that need created to improve the submission rate over time. There are the other workflows, the ones that notify sales or enable lifecycle flow. Plus, the content itself should be tested and reconfigured within one or multiple lead nurturing drip campaigns as you see how people interact with it. A lot of attention to the backend detail must be paid in order to really prove the ROI of the marketing automation investment.

Joemktg's insight:

We could not agree more, and go one step further: not only to prove the ROI of your MA investment, but the ROI for ALL marketing investment. Put the time in, and you'll benefit from the output from your marketing automation configuration.


  • See the article at www.kunocreative.com
  • Receive a daily summary of The Marketing Automation Alert directly to your inbox. Subscribe here (your privacy is protected).
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  • iNeoMarketing merges marketing automation with content marketing for a powerful lead management solution, configured and managed by our knowledgeable, experienced staff.  Contact us.
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Lunch and Learn: Using Marketo to Improve Marketing ROI - Search Mojo

In this presentation, Janet Driscoll Miller discusses 7 steps that can be taken with Marketo to improve marketing ROI.
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