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What reaLLy matters in B2BMarketing?




                                                                           Kingshuk Hazra
                          You are welcome to share this pdf unchanged with your friends / colleagues –
                          with proper attribution to author. For reprint/ delivery in other formats – please
                          email author mailto:kingshukhazra@gmail.com
Copyright of all images/videos used here rest with the resp. copyright owners. They are used here in a
non commercial educational purpose only. For any questions please email: kingshukhazra@gmail.com
Image of Clock Used Here Owner – Adrian Hart
Why SHOULD
              I tune-in?




Please click on links in this presentation to view videos & best enjoy this presentation.
Why SHOULD I
    tune-in?



   http://www.youtube.com/watch?v=MHsLll6XYBs




                  Please click on link above to see video
Agenda
•   Why SHOULD I tune-in to this class?
•   What is B2B Marketing?
•   What Matters in B2B?
•   Summary
Words of Caution
– Presenter is here to share experiences -
  ideas of Presenter need not necessarily
  work for you
– Presenter might be lazy – expect a lot of
  questions & if you are nice – a few videos
– Presenter is not very creative, hence expect boring slides
What IS B2B Marketing?
What IS Marketing? (View 1)


http://www.youtube.com/watch?v=QePU68FhwiY&feature=results_video&playnext=1&list=PLE38195C1A99A155B




                                     Please click on link above to see video
What IS Marketing? (View 2)



http://www.youtube.com/watch?v=zFTcX7qqqDQ&feature=related




                      Please click on link above to see video
Market            Customer        Online
                           Segmentati        acquisition &                       Inbound
                              on                loyalty
  CRM

                                   Market                               Search
                                  research



Flavours Within Marketing                                                               Demand
                                                                                       Demand
         (View 3)
           Brand
          Building
                                                                      Tactics
                                                                                       Generation
                                                                                      Generation

                             Public
                            relations                                    Conversion
                                                                            Rate        Metrics &
                Analyst                                                                   ROI
C’mnctn        relations




                                          Tech               Indu-
  Services                                                                                FMCG
                                        Products             strial                            9
What IS Marketing(Elefant View)?
Quiz#1: What is the no.1 purpose of B2B
Marketing?
 ________________________
 ________________________
________________________



  PLEASE TAKE PEN & PAPER & WRITE THIS DOWN.[#1, #2, #3 in order of
                       decreasing importance]



Please email your answers to mailto: kingshukhazra@gmail.com ; ANSWERS @ end
What Matters Most
Marketing Engine
                                     Campaigns
                                       Engine
                                     Integrated Campaign
                                     Tie-up with Leads &
                                      ROI in 1 database


          Leads
                                                                    Commnctn
          Engine
      Lead Generation                                               Engine
      Lead Nurture                                                Relevant Thought
      Lead Handover                                                Leadership
                                                                   All Commmnctn tied
                                    MARKETING                       to leads & ROI
                                     ENGINE

               ROI, Test, &
                Analytics                            Stakeholder
                 Engine                                Sensing
              Test, test & test
              Simple Excel based
                                                       Engine
               analytics works!                      Internal sensing –
                                                      CSO, CFO, CIO
                                                     External sensing –
                                                      MI, CI. Research
13
Marketers are from Mars,
           Salespersons are from Venus



     http://www.youtube.com/watch?v=qWz8bWkMF-E




                   Please click on link above to see video
Marketing Efforts        Valley of Death for a Lead




                                                                                                          Sales Efforts
                        Marketing                 Valley of Death                        Sales


                    Target   Prospect   Qlfc’tn                     Validatn   Propose     Nego.   WIN!




                                        Gap b/n Sales & Marketing




                                              Idea derived from a presentation by Rubicon Marketing Group, Inc.
Closed-Loop Campaign Management
Access/ Excel dB            1        Surface Mail/eMail/         2       Tele-Marketing                3       Information Mgmnt 4
                                                                                                                              4
                                     Inbound Mail/Events
                                     Sends out survey forms                Call up the people mailed
 Target hitlists based on                                                                                       All Information sought is
                                     & relevant collateral                 for knowing interest
 country intelligence via                                                                                       sent out and telecall
                                     to relevant                           areas
 in-house DB                                                                                                    repeated
                                     People
                                                                           Dedicated Tele-marke
                                                                                                                Content Exec /Tele-
 Marketing                           Marketing                             teers
                                                                                                                Marketeers




                                                                         Lead Qualification            5

                                                                           Based on specified para
                                                                           meters Lead Qualified
                                                                           With call/s on prospect


                                                                           Qualification Manager




Cold Leads/ Oppts                9    CRM Pipeline/Lead              8      CRM Lead                       7   Hand over to Sales
                                       Continuous tracking and                                                                              6
 Based on time line tracking &                                                                                  Complete Interaction
                                       weekly meeting between                Entered Into CRM Lead
 SO – Mktg this is                                                                                              History + Profile made
                                       sales operations &                    Management System
 classified                                                                                                     And handed over to
                                       marketing
                                                                                                                Sales

 Marketing                             Marketing                             Marketing                         Marketing
SME B2B Conversion Rate – Not 1/9th
Personalization
                   (1/3rd of 1/3rd) but 1/200thCommunication
  Broadly                                        L0            Web




                                                                                 Marketing Programs
  targeted; less           Market Awareness
  interactive;
                                              ~30,000
  Less                                                         AR/PR
  measurable
                                                            Advertising
                               Inquiry
                                                           Search/Online
                                                 L3
                                                3000            DM
                              Prospect
                                                                Tele
                                              L5 - MQL




                                                                              Mktg)
                                                                              (Account-Based
                                                                              Hybrid
                                                              Demos
                               Lead             1500
                                                         Case Studies/White
                                                         Papers
                                                SAL
  Narrowly
  targeted;                     Opp             700           Events




                                                                              Sales Programs
  more
                                                         References/Value
  interactive;
                                                         Collateral
  highly                                      $ Closed
  measurable                    Deal            150           Sales Kit
Lead Generation - the Center of Marketing
Brian Carroll’s


•




                  http://blog.startwithalead.com/
Your Universal Lead Definition

         • Allow leads to be scored and prioritized
         • Defines the degree of sales readiness
         • Requires buy in from sales and marketing




Resource: “How to Precisely Define a "Lead" Before Marketing Begins”
http://www.startwithalead.com/article.asp?ARTICLEID=283
Quiz#2: If you were with a B2B Startup had
INR 1 Crore to spend on Marketing next
quarter – please distribute that among the
following…
 Advertising
   Events
   Telemarketing
   Direct Mail
   Online
   Channel Incentive
          PLEASE TAKE PEN & PAPER & WRITE THIS
          DOWN [All should add up to 1 crore]
Please email your answers to mailto: kingshukhazra@gmail.com ; ANSWERS @ end
&
    LAST
  but definitely
not the least!
Metrics & Analytics



                             /




Source : “http://www.whitecaplg.com/timeshare-blog/2009/11/
http://www.whitecaplg.com/timeshare-blog/2009/11
Database Marketing




Source : Whitecap Leads & Marketing Blog http://www.systemsplanning.com/arlis.htm
ROI




http://www.flickr.com/photos/eloqua/4974067600/
In Summary
Marketing will Continue Evolving




http://transitionmarketing.tumblr.com/post/22263491162/excellent-little-cartoon-depicting-the-evolution
My Lessons As a Marketeer
 • Think Marketing as a distinct activity with separate personality –
   from Sales; still don’t allow yourself to be schizophrenic!
 • A fast & closed-loop planning, campaigns, leads,
   & feedback cycle - ultimate competitive advantage
 • Remember leads’ valley of death; closed
   loop lead management process -
   #1 marketing process
 •   Non-glam Leads Management, Database &
     Tele far superior to glam Thought Leadership         &
     98 times out of 100 -know the 2 times they arent!
 •   My today’s story ends here & I haven't even talked
     about Social Media!
Au Revoir!




kingshukhazra@gmail.com
ANSWER TO Quiz#1
What is the no. 1 purpose of Marketing?
You need marketing to...

      1. build pipeline
              2. build pipeline
                           3. build pipeline
                                 4. build awareness
ANSWER TO Quiz#2
  Quiz: If you were with a B2B Startup had INR 1
  Crore to spend on Marketing next quarter –
  please distribute that among the following…
     Advertising
     Events                                           SCORING KEY
                                           √   Advertising           < 10%
     Telemarketing                        √   Events              10 – 25%
                                           √   Telemarketing       20 – 40%
     Direct Mail                          √   Direct Mail          5 – 20%
                                           √   Online              10 – 20%
     Online                               √   Channel Incentive   depends

     Channel Incentive

  For any questions / usage requests please mailto: kingshukhazra@gmail.com

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What Really Matters in B2B Marketing?

  • 1. What reaLLy matters in B2BMarketing? Kingshuk Hazra You are welcome to share this pdf unchanged with your friends / colleagues – with proper attribution to author. For reprint/ delivery in other formats – please email author mailto:kingshukhazra@gmail.com Copyright of all images/videos used here rest with the resp. copyright owners. They are used here in a non commercial educational purpose only. For any questions please email: kingshukhazra@gmail.com Image of Clock Used Here Owner – Adrian Hart
  • 2. Why SHOULD I tune-in? Please click on links in this presentation to view videos & best enjoy this presentation.
  • 3. Why SHOULD I tune-in? http://www.youtube.com/watch?v=MHsLll6XYBs Please click on link above to see video
  • 4. Agenda • Why SHOULD I tune-in to this class? • What is B2B Marketing? • What Matters in B2B? • Summary
  • 5. Words of Caution – Presenter is here to share experiences - ideas of Presenter need not necessarily work for you – Presenter might be lazy – expect a lot of questions & if you are nice – a few videos – Presenter is not very creative, hence expect boring slides
  • 6. What IS B2B Marketing?
  • 7. What IS Marketing? (View 1) http://www.youtube.com/watch?v=QePU68FhwiY&feature=results_video&playnext=1&list=PLE38195C1A99A155B Please click on link above to see video
  • 8. What IS Marketing? (View 2) http://www.youtube.com/watch?v=zFTcX7qqqDQ&feature=related Please click on link above to see video
  • 9. Market Customer Online Segmentati acquisition & Inbound on loyalty CRM Market Search research Flavours Within Marketing Demand Demand (View 3) Brand Building Tactics Generation Generation Public relations Conversion Rate Metrics & Analyst ROI C’mnctn relations Tech Indu- Services FMCG Products strial 9
  • 11. Quiz#1: What is the no.1 purpose of B2B Marketing?  ________________________  ________________________ ________________________ PLEASE TAKE PEN & PAPER & WRITE THIS DOWN.[#1, #2, #3 in order of decreasing importance] Please email your answers to mailto: kingshukhazra@gmail.com ; ANSWERS @ end
  • 13. Marketing Engine Campaigns Engine  Integrated Campaign  Tie-up with Leads & ROI in 1 database Leads Commnctn Engine  Lead Generation Engine  Lead Nurture  Relevant Thought  Lead Handover Leadership  All Commmnctn tied MARKETING to leads & ROI ENGINE ROI, Test, & Analytics Stakeholder Engine Sensing  Test, test & test  Simple Excel based Engine analytics works!  Internal sensing – CSO, CFO, CIO  External sensing – MI, CI. Research 13
  • 14. Marketers are from Mars, Salespersons are from Venus http://www.youtube.com/watch?v=qWz8bWkMF-E Please click on link above to see video
  • 15. Marketing Efforts Valley of Death for a Lead Sales Efforts Marketing Valley of Death Sales Target Prospect Qlfc’tn Validatn Propose Nego. WIN! Gap b/n Sales & Marketing Idea derived from a presentation by Rubicon Marketing Group, Inc.
  • 16. Closed-Loop Campaign Management Access/ Excel dB 1 Surface Mail/eMail/ 2 Tele-Marketing 3 Information Mgmnt 4 4 Inbound Mail/Events Sends out survey forms Call up the people mailed Target hitlists based on All Information sought is & relevant collateral for knowing interest country intelligence via sent out and telecall to relevant areas in-house DB repeated People Dedicated Tele-marke Content Exec /Tele- Marketing Marketing teers Marketeers Lead Qualification 5 Based on specified para meters Lead Qualified With call/s on prospect Qualification Manager Cold Leads/ Oppts 9 CRM Pipeline/Lead 8 CRM Lead 7 Hand over to Sales Continuous tracking and 6 Based on time line tracking & Complete Interaction weekly meeting between Entered Into CRM Lead SO – Mktg this is History + Profile made sales operations & Management System classified And handed over to marketing Sales Marketing Marketing Marketing Marketing
  • 17. SME B2B Conversion Rate – Not 1/9th Personalization (1/3rd of 1/3rd) but 1/200thCommunication Broadly L0 Web Marketing Programs targeted; less Market Awareness interactive; ~30,000 Less AR/PR measurable Advertising Inquiry Search/Online L3 3000 DM Prospect Tele L5 - MQL Mktg) (Account-Based Hybrid Demos Lead 1500 Case Studies/White Papers SAL Narrowly targeted; Opp 700 Events Sales Programs more References/Value interactive; Collateral highly $ Closed measurable Deal 150 Sales Kit
  • 18. Lead Generation - the Center of Marketing Brian Carroll’s • http://blog.startwithalead.com/
  • 19. Your Universal Lead Definition • Allow leads to be scored and prioritized • Defines the degree of sales readiness • Requires buy in from sales and marketing Resource: “How to Precisely Define a "Lead" Before Marketing Begins” http://www.startwithalead.com/article.asp?ARTICLEID=283
  • 20. Quiz#2: If you were with a B2B Startup had INR 1 Crore to spend on Marketing next quarter – please distribute that among the following…  Advertising  Events  Telemarketing  Direct Mail  Online  Channel Incentive PLEASE TAKE PEN & PAPER & WRITE THIS DOWN [All should add up to 1 crore] Please email your answers to mailto: kingshukhazra@gmail.com ; ANSWERS @ end
  • 21. & LAST but definitely not the least!
  • 22. Metrics & Analytics / Source : “http://www.whitecaplg.com/timeshare-blog/2009/11/ http://www.whitecaplg.com/timeshare-blog/2009/11
  • 23. Database Marketing Source : Whitecap Leads & Marketing Blog http://www.systemsplanning.com/arlis.htm
  • 25.
  • 27. Marketing will Continue Evolving http://transitionmarketing.tumblr.com/post/22263491162/excellent-little-cartoon-depicting-the-evolution
  • 28. My Lessons As a Marketeer • Think Marketing as a distinct activity with separate personality – from Sales; still don’t allow yourself to be schizophrenic! • A fast & closed-loop planning, campaigns, leads, & feedback cycle - ultimate competitive advantage • Remember leads’ valley of death; closed loop lead management process - #1 marketing process • Non-glam Leads Management, Database & Tele far superior to glam Thought Leadership & 98 times out of 100 -know the 2 times they arent! • My today’s story ends here & I haven't even talked about Social Media!
  • 30. ANSWER TO Quiz#1 What is the no. 1 purpose of Marketing? You need marketing to... 1. build pipeline 2. build pipeline 3. build pipeline 4. build awareness
  • 31. ANSWER TO Quiz#2 Quiz: If you were with a B2B Startup had INR 1 Crore to spend on Marketing next quarter – please distribute that among the following…  Advertising  Events SCORING KEY √ Advertising < 10%  Telemarketing √ Events 10 – 25% √ Telemarketing 20 – 40%  Direct Mail √ Direct Mail 5 – 20% √ Online 10 – 20%  Online √ Channel Incentive depends  Channel Incentive For any questions / usage requests please mailto: kingshukhazra@gmail.com