Archive for August, 2011

Lead Generation: Who Gets the Credit?

Monday, August 29th, 2011

One of the unsolved conundrums in marketing ROI lead tracking is, what REALLY led to the sale? Was it the trade show visit, the response to the email newsletter, a webcast – or did the salesperson’s two-year nurturing of the prospect finally pay off with an order?

The savvy b-to-b marketer knows it’s truthfully the combination of all of those, that no single event can be considered in isolation as the only factor leading to the sale. But marketing ROI calculations can’t work when you give credit to “all of the above.”

In fact, most marketers are throwing up their hands and giving credit to the “last marketing touchpoint,” an admittedly inexact and flawed decision, but one that’s being used by 44 percent, more marketers than any other method. The data comes from a survey on Lead Generation Marketing ROI published by emarketer.com:

44% — Credit the last marketing touchpoint as the lead source
21% — Split the credit for the lead across multiple touchpoints reaching that contact prior to converting to a lead
11% — Measure the incremental leads from a single marketing touchpoint across different response channels using techniques such as marketing testing
3% — Use modeling to identify the incremental leads
20% — Do not track leads to specific marketing touchpoints

Congratulations to Our Creative Clients

Thursday, August 25th, 2011

More awards in honor of the great work of Jeff Spencer, our agency’s Creative Director, and our clever clients:

Hermes Creative Award for Bober Markey Fedorovich Direct Mailer

Hermes Creative Award for Acquisition Communications Plan for ICC-Nexergy Merger

Aster Award for Medical Marketing for Radisphere Web Site Design

Lead Generation Only Works When You Call Them Back

Monday, August 15th, 2011

Marketing Automation would be a great thing, if only we could take the people out of the process! It seems that regardless of the tool, company, training regimen or industry, these valuable programs we’ve been installing for the past 20 years always are tripped up by human nature.

The most recent reminder of that was a June 2011 study by a b-to-b sales organization called InsideSales.com. In its review of the effectiveness of lead management systems, they found that 55.3 percent of the companies in its survey, 159 firms, NEVER RESPONDED to any web leads they generated. This is despite the fact that web leads tend to be the highest quality of any lead source companies typically generate.

Lead follow-up is never easy, and automated email response tools can simplify the process at least with a cursory response. But it’s shocking to see so many b-to-b companies completely disregard the money they’re spending pushing people to their websites in order to engage and generate a response – only to have those customer inquiries fall on deaf ears.

QR Codes: Marketing Force or Fad?

Wednesday, August 10th, 2011

All the marketing innovation in recent years has taken place in the digital world. From social media to web site engagement to “cloud-based” marketing automation tools, there aren’t many things coming along that capture people’s excitement in the print domain. So that’s partially why the explosive growth of “QR codes” has captured everyone’s imagination. The powerful little squares that look a bit like bar codes are showing up everyone, limited only by marketers’ imaginations:

- On ads that link to a video

- On roadside real estate signs that link to a video tour of the home’s interior

- On trade show displays that link to demos or web locations

- On brochures that automatically dial a phone number

- On the back of business cards that load contact information into your Outlook database

There are already hundreds of clever applications, but perhaps the best example we’ve seen are actually mounted on gravestones! The QR code can link to a video remembrance of the deceased, or perhaps even the deceased himself, a voice from beyond the grave!

The rule for B-to-B marketers? Make sure it links somewhere optimized for mobile display, and that whatever link you provide adds value in moving the sales process along. Avoid ideas that mean little: putting a QR code on a webpage that just links to another web page, or putting it on an ad that links only to a home page already listed in the ad.

We’ve been able to monitor click traffic on web pages for a while now by using Google Analytics. But where do a visitor’s eyes go? Where are the dead spots on your web design, and exactly how far down are people scrolling on each of your main pages? We’re answering those questions with a new tool called ClickTale, which provides fascinating “heat maps” that identify where the mouse travels on a web page (but may not click). Why track mouse movement? Because there’s an 80 percent correlation between your eye movement and where the mouse travels. Quick hit: with one client, we learned that the unusual placement of its all-important “quote” button, even though it was at the top of the page, rendered it nearly invisible.