Marketing Trenches

I sat in on a particularly terrible webinar today, and it left me scratching my head.  The host company usually nails these types of events, but today was a complete mess.  A mess at the beginning, a mess in the middle, and a mess at the end.  Makes you wonder why I stuck around, doesn’t it?  Me too.  Nonetheless, it inspired the following simple list of reasons why webinars fail:

• Technical problems: Come on folks.  If you’re going to run a webinar, test the technology beforehand.  Use a reputable vendor.  If attendees can’t join your meeting or can’t view your presentation, it’s over before it even started.
• Too Salesy: We all understand that webinars are designed to start or continue a sales cycle.  But if you advertise the webinar as educational, don’t beat us over the head with 10 “About Us” slides to kick things off.
• Content Isn’t As Advertised: The simplest one of all.  If your webinar was advertised as “Best Practices in Email Marketing” and the title of your actual presentation is “Social Media for 2009 and Beyond”, that’s like buying a ticket for one movie and being forced to watch another movie instead.
• No Concrete Examples: Educate me on the basics, then provide me with real examples I can latch on to.  I may not remember the basics, but you can bet I will remember that Aurora Widgets Company used the solution to increase revenue 10x in 2008.
• Don’t Read the Slides: Presentation 101.  Inject some enthusiasm.  Pretend you’re going off script even if you’re not.  Do anything to make me believe you’re thinking while you’re presenting, and not just reading slides.
• Don’t Run Over:  If the webinar is advertised as 45 minutes, make it 35.  If it’s advertised as 30 minutes, make it 20.  Many webinar attendees are interested in the typical Q&A session that occurs at the end of the session, but if you run over on the standard part, they may miss the only portion they really cared about in the first place. 

If you provide compelling content, market your webinar appropriately, and avoid these mistakes, the webinar can be a very effective lead generation and nurturing tool.  If you aren’t willing to pay enough attention to these areas, then don’t run webinars.  It’s that simple. 

I’d say that only 10% of job seekers understand that looking for a job is not all that different from strategizing, creating and executing a marketing campaign. What are some simple aspects that drive the success of a marketing campaign?

• Choose a target audience carefully.
• Customize your offering and content for that target audience.
• Make sure the target audience can quickly and easily view your offering.
• Allow the target audience to interact with you in a variety of ways.

Translated into a job search, those bullets become:

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For the millions of us watching CNN on election night and the 6 months preceding it, the segment that was most impressive had nothing to with the 18 talking heads on set.  It was John King’s mastery of the touch screen map.  Call him the new Czar of the Telestrator (my apologies to Mike Fratello), call him the Master of the Map, call him whatever you want…his almost error-free execution of those segments was damn impressive.  Of course, the show he put on would not have been possible without the existence of the analytics data surrounding the performance.

This offers further proof that we live in a analytics and data-obsessed society.  In sports, we love stats like earned run average and quarterback rating even if none of us can figure out where those numbers come from.  In politics, we love knowing that in Somerset County, 31.8% of white males under the age of 39 who claim Cheerios as their favorite cereal voted for Obama on election night.  In business, we love our business intelligence.  We love our decision analysis tools.  We love our web analytics. 

Businesses that use some form of analytics, or data collection and reporting tools, are at a distinct advantage over those that do not.  There is no disputing that.  So why do so many businesses, both large and small, run away from putting analytics tools in place?

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If you’re a B2B marketer, answer the following questions quickly:

1) What is your company/organization?

2) What do you help other organizations accomplish? (Here’s a hint - if you’re not helping them either reduce costs or generate revenue, you may be in trouble.)

3) How do you help those organizations accomplish that goal?

4) What types of organizations do you help?

You, and all the members of your marketing and sales team, should be able to answer those questions in 30 seconds or less.  If not, there’s a messaging problem.  In my experience, only 1 of every 4 marketing management types can answer these questions without stumbling. 

If you don’t know your message, why do you expect prospects to understand your message?

So your boss just dropped the following task on you - you need to cut marketing spend, and you also need to figure out how to make that spend work better from an ROI standpoint.  If it makes you feel any better, you’re not alone.  Marketing department heads are getting hit with that same task in every type of organization. 

The better news is that this task is really not that difficult, especially if you are using the appropriate tracking mechanisms.  The potential solutions to this problem are endless, yet the implementation can seem complicated.  Here are 3 basic places to start:

1. Assuming you know which marketing vehicles are your most efficient performers from a lead generation or customer acquisition standpoint, cut out the poor performers for the time being and focus on the top performers.  If search engine marketing drives leads at half the cost of direct mail (without sacrificing quality of course), then cut direct mail and focus on search engine marketing.  If your affiliate program drives new e-commerce customers at a $20 cost per acquisition while your email marketing program drives new e-commerce customers at a $75 cost per aquisition, cut the email marketing and focus in on the affiliate program. 

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I was recently talking to a marketing executive at a mid-sized software company, and he brought up a problem he was having with “closing the loop” between marketing’s lead generation efforts and the sales team’s revenue output.  He mentioned that while the company had recently invested in a CRM solution and some accompanying marketing automation software, that there was still missing data, incorrect data, and a general distaste for the new solution within the sales team.

Having run into this situation a number of times, I followed with three simple questions:

Question 1: Who actually implemented the CRM/marketing automation solution for you?

Answer: We used an outside consultant who focuses on these specific types of implementations.

Question 2: Who built the process and rules surrounding the treatment of leads both inside and outside the CRM solution?

Answer: The same guy, the CRM consultant.

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Some companies call it Current News.  Others call it Company News.  Still others call it Latest News.  That part doesn’t really matter.  What matters is that you keep the content updated, relevant and consistent for your website visitors.

To further clarify, what I am referring to is the section of a corporate website that contains company news, sometimes in the form of press releases, sometimes in the form of articles in which the company was included, sometimes (hopefully) both.  I visited the website of a prospective software client today, and for the umpteenth time I discovered a newsroom filled with press releases and articles from 2006.  While there are a number of problems with this, I’ll try to sum it up briefly. 

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It’s amazing how much I’ve come to rely on LinkedIn.  Don’t get me wrong - I am  not a social media addict.  I don’t Twitt yet.  MySpace makes me nervous.  I use Facebook, but primarily because I have some clients that are obsessed with it as a business tool. 

LinkedIn is different - it’s used (at least by me) for business purposes only.  I use it for research on clients, partners, investors, etc.  I use it to get answers to questions.  I use it to connect with current colleagues, past colleagues, and sometimes for recruiting purposes. 

Let me preface my upcoming rant with this - I am not an “open networker”.  I send invitations to connect to people I know and have worked with, and accept invitations to connect from people I know and have worked with.  Personally, I don’t believe in the “open networking” thing because I think it defeats the purpose of a community like LinkedIn, but hey…to each his own.  So now that you know where I stand on that…

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I’ve addressed this question three times in the past week, so it finally registered on my blog-worthy radar.  Microsites and landing pages are certainly related.  Close cousins, yes.  Siblings, no. 

Landing Pages

Let’s start with the landing page.  Landing pages are typically one-page creations.  They focus on one particular offer, and specifically on getting the visitor to take advantage of that particular offer.  Sometimes called lead capture vehicles, landing pages are used primarily for direct marketing programs - pay per click search engine marketing, direct mail, print advertising, etc.  Well-designed landing pages are critical to the success of these campaigns, and the savviest of marketers use and test hundreds of different landing pages in order to optimize conversion rates. 

For visual reference, here is an example of a Gold’s Gym landing page touting their 7-day free membership:

Gold’s Gym Landing Page

Microsites

Microsites, sometimes called minisites or sitelets, typically consist of a cluster of web pages and are used for a variety of purposes: 

• Large consumer goods companies may use microsites to independently market a new product, because the primary company website may leave the product underexposed. 
• A newspaper may use a microsite to cover a time-sensitive and popular event, such as the upcoming presidential election or the Olympics. 
• A business-to-business software company may use a microsite to provide prospects with deep information on a product, information that cannot be handled via a landing page. 

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Social media is hot.  If you’re a marketer and you don’t know that, you must be busy reading your back issues of The Industry Standard. 

From a business standpoint, 90% of companies are trying to figure out how to address social media, and the other 10% are just pretending they know what they’re doing with regards to social media.  Much like the early days of the internet as a new medium, social media vehicles are developing so quickly that it’s almost impossible to keep up and address the business opportunities associated with social media.

My guess is that social media is going to be a topic covered in this blog for years to come, but just in case this is the last time we discuss it, here are a few things you should know about this phenomenon:

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