Insightful, fresh marketing technology content today as opposed to “how to” articles. We lead off with reasons why marketing automation may be the wrong choice for you, and then a few unique takes that include an approach to assessing an ad’s creativity, conversion design techniques proven by tests and studies, and a free report on the Social Media Marketing Industry. We’ve also folded in two announcements, one from Google and the other from Pardot. And do you know what B2B trade show attendees REALLY want from exhibitors?
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Featured Marketing Automation Article
When Marketing Automation Is the Wrong Solution - B2B Digital Net
http://sco.lt/7OPJ1V
From b2bdigital.net - Today, 10:09 AM
Marketing automation may be a multi-billion dollar market, but is it the right solution for you?
Condensed...
Here are two situations where marketing automation, with its complexity, learning curve and cost, just isn’t the right solution. Unfortunately, these situations are all too common, even among marketing automation clients.
1. Your Marketing Isn’t Well Established
If you are just building out your first drip email campaign, you can build it in a marketing automation solution but you could also build it in almost any modern email marketing solution. Marketing automation gives you a way to automate your marketing activity with far more complex business rules.
2. You Don’t Have Scale
Automation makes sense when the effort required to automate is less than the effort required to execute manually. You would never consider creating rules with complex branching logic to send a followup email to just one person; you would look at the situation and write only the email needed, when it’s needed. And you would really personalize it to everything you know about the recipient! The interesting question is where is the tradeoff? When does automation actually make sense? In short, it makes sense when you have sufficient scale that an automated solution costs less to manage or delivers a higher return for a similar investment.
iNeoMarketing's insight:
And we'll add to this:
3. You Don't Have Processes in Place
Marketing automation will only make inefficiencies more efficient at being inefficient.
4. There is a communication and lead gen gap between Marketing and Sales
Marketing automation will be money well spent to exacerbate the gap.
Get your ducks in a row. Use the marketing automation research phase to blueprint and implement internal changes before automating.
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Worlds Collide: The New Data-Focused CMOs and Their CIO Counterparts
http://sco.lt/68qgmP
From adage.com - Today, 9:54 AM
How the role of CMO is morphing to embrace technology and partner more closely with CIOs.
Key excerpts...
Marketers should have a plan for IT, said Sheryl Pattek, VP and principal analyst at Forrester Research, adding that CMOs must be involved in vetting technology vendors, historically a job for the CIO that marketers ignored. Marketing execs should "step up and own that infrastructure," she told the audience.
Eduardo Conrado, senior VP-marketing and IT at Motorola Solutions, had his own twist on the evolving relationship between marketing and IT. The former CMO of Motorola Solutions in January was elevated to a role into which marketing and IT report. About 18% to 20% of his company's marketers work in technology these days, said Mr. Conrado.
iNeoMarketing's insight:
As we have often said, the CMO must build its digital capabilities so as not to be usurped by the CIO. The word "embrace" is correct!!!
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How to Assess an Ad's Creativity - HBR
http://sco.lt/8tIXL7
From blogs.hbr.org - Today, 9:38 AM
This test can help you better target your ad investments.
Originality: An original ad comprises elements that are rare, surprising, or move away from the obvious and commonplace. The focal element here is uniqueness of the ideas or features contained in the ad.
Flexibility: Flexibility is seen in an ad's ability to link a product to a range of different uses or ideas.
Elaboration: Many ads are creative because they contain unexpected details or extend basic ideas so they become more intricate and complicated.
Synthesis: An ad that is creative along this dimension blends normally unrelated objects or ideas.
Artistic Value: Ads with a high level of artistic creativity contain aesthetically appealing verbal, visual or sound elements. Their production quality is high, their dialog is clever, their color palettes is original, or their choice of music is somehow memorable.
Combining elaboration with originality had almost double the average impact of a creative pairing on sales, closely followed by the combination of Artistic Value and Originality (1.89, accounting for 11% of all combos). The weakest combination was flexibility and elaboration, which had less than half the average pairing's impact on sales. Yet we found that in terms of usage there was little difference between them: advertisers did not seem to favor any one combination over the other.
iNeoMarketing's insight:
So damn subjective. Regardless, the question is how can this information be used by the B2B marketer? We think that you may substitute "advertising" with "content marketing" so that the combination of elaboration and originality may have an impact on your demand generation efforts. Having said that, isn't the combination of elaboration and originality really the element of surprise? And isn't surprise one of the marketer's greatest tools? End result: THE TOPICS OF YOUR CONTENT SHOULD ELICIT SURPRISE!
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5 Tested Conversion Design Tactics You Should Put to Work. Right Now. - Unbounce
http://sco.lt/4wyJ85
From unbounce.com - Today, 9:48 AM
You think your design decisions are helping your page convert, right? These 5 case studies show you what to do and more importantly, what NOT to do.
Digest...
That’s why today we’re going to take a look at even more ways to get your design right for high conversions, and all of it is going to be backed with research so you know you’re following sound advice, not just fly-by-night anecdotal evidence.
1. Image Sliders / Carousels Suck, Don’t Use Them
2. The Importance of ‘Closure’ in Online Sales
One sneaky way to improve your onboarding process, and with it your customer retention rates, is to alter your post-sales process to focus on maximum consumer satisfaction. An easy way to do this: recognize that human beings have a natural inclination to seek closure.
3. Summaries Matter on Your Company Blog
Your startup is utilizing the power of content marketing to spur growth on a bootstrapped budget, right? On your company blog, you should know that this study revealed having summaries instead of full blog posts will actually get people to read more of your content.
4. Get Smart with Fitt’s Law
In essence, Fitt’s law is all about understanding the visual hierarchy in human-computer interaction. For instance, you know that it’s common for good interfaces to group items together when they are related, as it makes them easier to use. It would also make sense to give more ‘weight’ (via size or color differences) to REALLY important buttons that get used a lot.
5. The Use of ‘Useless’ Prices
If you’ve followed my work you’ve definitely seen me mention this video by Dan Ariely on useless price points: Many have asked me though, what’s the practical application of this? One answer is found in the ‘classic’ tactic of showing previous prices before the sales drop—while seemingly useless (customers won’t be paying those prices), it helps consumers make decisions when evaluating the product.
iNeoMarketing's insight:
Here's what different about Unbounce's posts: they're supported by studies and science. You really must click through to read the details in order to properly implement the recommendations.
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5 hot social media tools - Ragan
http://sco.lt/5aHCXx
From www.ragan.com - Today, 9:07 AM
These platforms can help brand marketers seeking to engage audiences and key online voices, as well as monitoring conversations and other mentions.
Condensed...
Though the perfect solution will vary from brand to brand, here are my five top social media marketing tools:
1. Socialbakers Analytics Pro
2. Simply Measured
3. Brandwatch
4. Commun.it
5. GroupHigh
On a budget? Here are a few social media marketing tools with completely free versions:
- Wildfire Social Media Monitor
- SocialBro
- Social Crawlytics
iNeoMarketing's insight:
Love the fact that the author recommends free tools!
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FREE REPORT: 2013 Social Media Marketing Industry Report | Social Media Examiner
http://sco.lt/7DPcmX
From www.socialmediaexaminer.com - Today, 9:26 AM
2013 Social Media Marketing Industry Report: learn from more than 3000 marketers on how to focus your social media activities and what the rewards are.
Excerpt...
A few of this year’s social media statistics:
- 86% of marketers say social media is important for their business
- 69% plan to increase their use of YouTube
- 58% of marketers are blogging and 62% will increase blogging in 2013
- 49% picked Facebook as the single most important social network
- 89% of marketers state that increased exposure was the most important benefit of social media marketing
iNeoMarketing's insight:
You can also watch a quick video overview of the report here.
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Google Analytics Lets Analytics Premium Users Join Big Data in Google Cloud - Search Engine Watch
http://sco.lt/8ZY1UP
From searchenginewatch.com - Today, 8:02 AM
At Google I/O, Google Analytics introduced a new feature that's quite a big deal to Premium Analytics users. Google is now giving Analytics Premium users the ability to use Google BigQuery to crunch their analytics data and other offline data sets.
Announced at Google I/O 2010, Google BigQuery is a web-based service where you can analyze immensely massive data sets using Google's servers to crunch the numbers. How massive? Up to trillions of rows of data. By using Google's computing power, you can get insights from that kind of big data in seconds, as opposed to hours or days.
Specifically, Google Analytics Premium users can have their unsampled session-level and hit-level analytics data sent directly into Google's BigQuery cloud platform to crunch our all kinds of great information really quickly.
iNeoMarketing's insight:
This is interesting, and perhaps a means by which Marketing can free itself somewhat from the IT infrastructure, pending security issues. If you have a marketing technologist at hand, this is one that you'll want to investigate.
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Google+ in the SERPs Increasing; Authorship Adoption High [Data] - Search Engine Watch
From searchenginewatch.com - Today, 8:14 AM
A new analysis suggests establishing Google authorship has moved past the early adopter stage and those marketers who have not yet established authorship and who are not regularly sharing content on Google+ would be wise to do so.
Digest...
A data analysis of the search results for queries containing 500 of the world's top tech writers' names using Conductor's Searchlight enterprise SEO platform (disclosure: I work for Conductor) – shows that Google is surfacing Google+ accounts for personal brand searches with increased frequency. From January 2012 to May 2013 the percentage of writers that have Google+ results appear on page increased from 33 percent to 43 percent.
The analysis showed almost 75 percent of authors with a Google+ account had linked their content to their profile and their authorship appeared in the SERPs. This high percentage of authors who have gone through one of the two steps to establish authorship suggests the importance to natural search visibility they (or their publishers) now assign Google authorship.
iNeoMarketing's insight:
Seriously, do you need further proof? Gettoit!
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ExactTarget Expands Pardot’s B-to-B Marketing Automation to Facebook, Adds New Social Features | EON: Enhanced Online News
http://sco.lt/9DvkrB
From eon.businesswire.com - Today, 7:41 AM
Global cross-channel digital marketing leader ExactTarget (NYSE:ET) extended its Pardot business-to-business marketing automation
Key excerpt...
With Pardot’s integration with ExactTarget’s SocialPages, marketers can drag and drop Pardot’s lead capture connector into their Facebook page and publish it. Customers and prospects who register via the Facebook page can be automatically placed into a lead nurturing program designed to deliver relevant content throughout the buying lifecycle and accelerate the sales process. Pardot’s integration with ExactTarget’s SocialPages works with all native Pardot CRM integrations, including salesforce.com, Microsoft Dynamics, SugarCRM and Netsuite.
iNeoMarketing's insight:
So at what point does LinkedIn start to move into marketing automation, or vice versa? BTW: gamification just got closer.
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How To Calculate The ROI Of CRM | Forrester Blogs
http://sco.lt/7sUVlJ
From blogs.forrester.com - Today, 7:50 AM
Digest...
The first step is to estimate how investing in a CRM solution will help grow revenues, cut operating costs, and boost IT efficiencies:
- Power up the revenue engine.
- Cut the cost of generating and servicing revenues.
- Improve IT efficiencies.
On the cost side of the equation, estimate the costs of software, deployment, maintenance, and support:
- Dig into hardware, software, and subscription costs.
- Dissect deployment costs.
- Factor in ongoing maintenance costs.
- Don't get blindsided by administrative and infrastructure costs.
iNeoMarketing's insight:
Common sense? Yes, but a very nice cheat sheet to start this type of project, so you'll want to click through for details. Sidebar: Forrester clients asking how to calculate the ROI of CRM investment? You would think that there would be 100% adoption by the Forrester community by now.
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B2B Email Marketers Focus on Targeting Content - eMarketer
http://sco.lt/6fP3lB
From www.emarketer.com - Today, 7:17 AM
The tactic B2B email marketers most want to improve on is getting content out to the right segments.
iNeoMarketing's insight:
And we know that this is accomplished via marketing automation.
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What B2B Trade Show Attendees REALLY Want From Exhibitors - Artillery Marketing
http://sco.lt/5kdpqL
From www.artillerymarketing.com - Today, 7:21 AM
The thing a B2B trade show exhibitor can provide attendees that has the highest correlation with purchase intent is new learning.
Key excerpt...
According to a study sponsored by Skyline Exhibits and Marketech 360, the number one reason attendees visited exhibits was to ‘obtain product information.’
As shown in the graphic below, when combining the results of ‘obtaining product information’ (32%), ‘product demo’ (11%) and ‘seeing a rep’ (10%), 53% come to learn about what the exhibitor has that is new.
iNeoMarketing's insight:
Events are a personal way to deliver content. Are sales made on the trade show floor? Of course, but if the primary reason for the attendee is to learn, then deliver knowledge that positions you as the expert and drives further conversations and engagements. BTW: best B2B techniques that we've experienced? On show floor classes.
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The Seven Deadly Sins of Email Deliverability [CHECKLIST] - Pardot
http://sco.lt/6Ak6fB
From www.pardot.com - Today, 7:06 AM
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Are People Stealing Your Content? How (and When) to Fight Back - Pardot
http://sco.lt/8dAhVp
From www.slideshare.net - Today, 7:15 AM
Learn how to keep your marketing content safe from internet thieves. For more information, click here: http://bit.ly/ContentTheft
Key excerpt...
With the ever-expanding number of websites in the world, tracking down stolen content isn’t always easy. Here are a couple ways to find it:
- Copyscape: Simply plug your page’s URL into the search box, and voila! Copyscape locates where your content appears elsewhere online.
- Referral Traffic: Dive into your marketing analytics to see which sites are sending you traffic.
- Pingbacks: Depending on your content management system, you may have the ability to be notified whenever a site links back to a post.
- Google Alerts, Topsy, and HubSpot Social Inbox: Whichever tool you prefer, you can set up alerts to ping you when someone mentions your content online.
- Manual Searches: You also have the option of manually searching for your content.
iNeoMarketing's insight:
Copyscape is the way to go, as it is the most automated of all solutions. The accompanying article to the deck is far more informative: click through for the details.
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Data-Driven Marketers Report Uptick in Q1 Spending, Revenues - Marketing Charts
http://sco.lt/5wTlNR
From www.marketingcharts.com - Today, 7:02 AM
Data-driven marketing spending is on the rise, according to respondents to the Direct Marketing Association’s Quarterly Business Review covering Q1 2013. 38.7% of respondents indicated that their spending increased quarter-over-quarter, with another 41.9% reporting a steady level of spending. On a 5-point scale, where 5 indicates a significant increase in spend from the prior quarter, data-driven marketers averaged out at a score of 3.19, up from 3.1 in Q4 2012 and 3.16 in Q3. In turn, 45.9% enjoyed revenue increases from their activities for the quarter, with another 39.4% indicating that revenues stayed flat.
We've summarized the cons in this scoop, as this is the first post we've seen to offer a few Vine detractions. Worthwhile to consider as you formulate your usage of Vine.