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© 2013 Marketo, Inc. Marketo Proprietary and Confiden:al From Startup to IPO: How Marketo Drives Growth with Content

From Startup to IPO: How Marketo Drives Growth with Content

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This presentation comes to us from Jon Miller of Marketo, who explains the central role of content in Marketo's broader marketing initatives, including how to measure success and tie content to revenue.

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Page 1: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

From Startup to IPO: How Marketo Drives Growth with Content

Page 2: From Startup to IPO: How Marketo Drives Growth with Content

Page  2  ©  2013  Marketo,  Inc.     @jonmiller  

About  Jon  Miller  VP  Marke:ng  and  Co-­‐Founder  

@jonmiller  

1.  My  first  child  was  born  the    same  month  that  we  incorporated  Marketo  

2.  Born  in  Ethiopia  3.  Studied  Physics  at  Harvard,  captain  of  high-­‐

school  debate  team  and  newspaper  staff  4.  I  have  a  top  secret  “Q”  clearance  from  DOE  

Page 3: From Startup to IPO: How Marketo Drives Growth with Content

Page  3  ©  2013  Marketo,  Inc.     @jonmiller  

Marketo Strong Revenue Growth

Page 4: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

How Marketo Built our Brand

Page 5: From Startup to IPO: How Marketo Drives Growth with Content

Page  5  ©  2013  Marketo,  Inc.     @jonmiller  @jonmiller  

Page 6: From Startup to IPO: How Marketo Drives Growth with Content

Page  6  ©  2013  Marketo,  Inc.     @jonmiller  

ABUNDANCE INFORMATION

Page 7: From Startup to IPO: How Marketo Drives Growth with Content

Page  7  ©  2013  Marketo,  Inc.     @jonmiller  

Page 8: From Startup to IPO: How Marketo Drives Growth with Content

Page  8  ©  2013  Marketo,  Inc.     @jonmiller  

Build Awareness

Page 9: From Startup to IPO: How Marketo Drives Growth with Content

Page  9  ©  2013  Marketo,  Inc.     @jonmiller  

Create Preference

Page 10: From Startup to IPO: How Marketo Drives Growth with Content

Page  10  ©  2013  Marketo,  Inc.     @jonmiller  

Reduce Risk

It’s one way to ‘reduce whisk’. Get it? #groan

Page 11: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

What Kind of Content Do We Create?

Page 12: From Startup to IPO: How Marketo Drives Growth with Content

Page  12  ©  2013  Marketo,  Inc.     @jonmiller  

Topics  to  cover:  •  Business  challenges  •  Emo:ons  /  hopes  •  Purchase  drivers  •  Language  they  use  

(keywords)  •  Digital  habits  •  Where  they  go  to  learn  Personas  should  be:  •  Dis:nct  from  each  

other  •  Cover  the  market  •  Feel  real  (I’ve  talked  to  

that  person!)  •  Easy  to  explain  

Don’t  have  too  many!    Four  to  six  is  most  common.  

Page 13: From Startup to IPO: How Marketo Drives Growth with Content

Page  13  ©  2013  Marketo,  Inc.     @jonmiller  

Blog, e-books, research data, funny videos, curated lists, infographics, webinars

Thought leadership and enjoyable content to build brand, awareness, and desire

Tools that help buyers find you when they are looking for solutions

Company-specific information to help evaluate and reaffirm selection

Buying guides, RFP templates, ROI calculators, definitive guides, analyst reports

Pricing, demos, services information, 3rd party reviews, customer case studies

Early Stage

Middle Stage

Late Stage

At  each  stage,  focus  on  InformaFon  Needs  more  than  Format  

Page 14: From Startup to IPO: How Marketo Drives Growth with Content

Page  14  ©  2013  Marketo,  Inc.     @jonmiller  

Content Mapping

A  

B  

C  

D  

1   2   3  Stages  

Page 15: From Startup to IPO: How Marketo Drives Growth with Content

Page  15  ©  2013  Marketo,  Inc.     @jonmiller  

Tabasco  

Chocolate  Cake  

Roasts  

Spinach  

Raisin  Bran  

5 Food Groups of Content

Page 16: From Startup to IPO: How Marketo Drives Growth with Content

Page  16  ©  2013  Marketo,  Inc.     @jonmiller  

The Right Content Per Channel Matters

Source: chicagostyleseo.com

Page 17: From Startup to IPO: How Marketo Drives Growth with Content

Page  17  ©  2013  Marketo,  Inc.     @jonmiller  

Influencer Egobait

Page 18: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

Creating Content at Scale

Page 19: From Startup to IPO: How Marketo Drives Growth with Content

Page  19  ©  2013  Marketo,  Inc.     @jonmiller  

Retu

rn

Investment

How Much Content Should You Create?

Page 20: From Startup to IPO: How Marketo Drives Growth with Content

Page  20  ©  2013  Marketo,  Inc.     @jonmiller  

Staffing for Content Creation

•  Appoint  execu:ve  editor  •  Invest  in  content  creators  

o  Content  consumers  o  Great  communicators  o  Self-­‐promo:onal  

•  Distribute  crea:on:  internal  +  community-­‐generated  

•  Create  a  content  /  social  policy  

Marketo  invests  10%  of  markeFng  headcount  into  

content  

www.marketo.com/trust/social-­‐media-­‐

policy.php  

Page 21: From Startup to IPO: How Marketo Drives Growth with Content

Page  21  ©  2013  Marketo,  Inc.     @jonmiller  

The 3 R’s of Content Marketing

REPURPOSE, REWRITE, RETIRE

Page 22: From Startup to IPO: How Marketo Drives Growth with Content

Page  22  ©  2013  Marketo,  Inc.     @jonmiller  

Repurpose Content

Page 23: From Startup to IPO: How Marketo Drives Growth with Content

Page  23  ©  2013  Marketo,  Inc.     @jonmiller  

Rewrite and Redesign Before After

Page 24: From Startup to IPO: How Marketo Drives Growth with Content

Page  24  ©  2013  Marketo,  Inc.     @jonmiller  

Retire

•  Every  piece  of  content  should  have  a  limited  shelf  life  

•  Ask  yourself:  •  How  is  this  content  piece  performing?  •  Should  we  rewrite  or  redesign?  

•  Obvious  content  to  re:re:  •  Reports  that  are  dated  •  Assets  around  an  event  •  Topic  is  no  longer  relevant  

Page 25: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

Top of Funnel

Page 26: From Startup to IPO: How Marketo Drives Growth with Content

Page  26  ©  2013  Marketo,  Inc.     @jonmiller   26

Page 27: From Startup to IPO: How Marketo Drives Growth with Content

Page  27  ©  2013  Marketo,  Inc.     @jonmiller  

Source:  Marketo  data,  Marketo  Revenue  Cycle  Analy6cs,  Q1  and  Q2  2013.  Does  not  include  all  sources.  

•  Top  sources  of  Targets  rely  on  Content  for  offers  

•  Note:  note  all  Channels  convert  the  same  

Page 28: From Startup to IPO: How Marketo Drives Growth with Content

Page  28  ©  2013  Marketo,  Inc.     @jonmiller  

Blog, e-books, research data, funny videos, curated lists, infographics, webinars

Thought leadership and enjoyable content to build brand, awareness, and desire

Tools that help buyers find you when they are looking for solutions

Company-specific information to help evaluate and reaffirm selection

Buying guides, RFP templates, ROI calculators, definitive guides, analyst reports

Pricing, demos, services information, 3rd party reviews, customer case studies

Early Stage

Middle Stage

Late Stage

At  each  stage,  focus  on  InformaFon  Needs  more  than  Format  

Page 29: From Startup to IPO: How Marketo Drives Growth with Content

Page  29  ©  2013  Marketo,  Inc.     @jonmiller  

Page 30: From Startup to IPO: How Marketo Drives Growth with Content

Page  30  ©  2013  Marketo,  Inc.     @jonmiller  

Short Forms Outperform Long Forms

Short  (5)  Conversion:  13.4%  Cost  per:  $31.24  

Medium  (7)  Conversion:  12.0%  Cost  per:  $34.94  

Long  (9)  Conversion:  10.0%  Cost  per:  $41.90  

Page 31: From Startup to IPO: How Marketo Drives Growth with Content

Page  31  ©  2013  Marketo,  Inc.     @jonmiller  

I’m  going  to  make  you  an  offer  you  can’t  refuse.    Learn  how  to  make  the  most  out  of  every  lead  in  your  database.    Download  The  Defini:ve  Guide  to  Lead  Scoring:  hhp://marketo.com/DG2LS    

The Right Format for Each Channel

Page 32: From Startup to IPO: How Marketo Drives Growth with Content

Page  32  ©  2013  Marketo,  Inc.     @jonmiller  

Page 33: From Startup to IPO: How Marketo Drives Growth with Content

Page  33  ©  2013  Marketo,  Inc.     @jonmiller  

Test & Tune With Social Funnel Metrics

Coloring  Book  Results  •  289  par:cipants  shared  

•  354  registered  downloads  

•  19.8%  increase  in  registered  downloads  

 

Page 34: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

Middle of Funnel

Page 35: From Startup to IPO: How Marketo Drives Growth with Content

Page  35  ©  2013  Marketo,  Inc.     @jonmiller  

Scoring and Nurturing

•  Only  25%  of  new  Prospects  are  ready  for  Sales  •  Nurturing  generates  50%  more  sales  leads  •  Score  based  on  Fit,  Engagement,  and  Timing  

Nurture   Nurture   Disqualify  Pass  to  Sales  

Pass  to  Sales  

Get  The  “DefiniFve  Guide  to  Lead  Nurturing”  hep://marketo.com/DG2LN      

Page 36: From Startup to IPO: How Marketo Drives Growth with Content

Page  36  ©  2013  Marketo,  Inc.     @jonmiller  

Lead Nurturing Relevance

A  

B  

C  

D  

1   2   3  Stages  1.  BUYING  STAGES  

•  Early:  Be  a  Beeer  Marketer  •  Mid:  Why  MarkeFng  AutomaFon  •  Late:  Why  Marketo  •  Customer:  Success  

2.  BUYING  PROFILES  •  MarkeFng  •  Sales  •  Exec  

Get  The  “DefiniFve  Guide  to  Lead  Nurturing”  hep://marketo.com/DG2LN      

Page 37: From Startup to IPO: How Marketo Drives Growth with Content

Page  37  ©  2013  Marketo,  Inc.     @jonmiller  

Page 38: From Startup to IPO: How Marketo Drives Growth with Content

Page  38  ©  2013  Marketo,  Inc.     @jonmiller  

Demographic “Fit” Score

PosiFve  Demographic  Score  •  e.g.,  Marke:ng  Manager  :tle,  known  CRM  customer,  known  compe::ve  

solu:on  customer    NegaFve  Demographic  Score  •  e.g.,  Generic  email  address,  illegi:mate  phone  number,  non-­‐existent  company  

(unemployed,  self,  looking)  

Data Augmentation, Not Forms

Page 39: From Startup to IPO: How Marketo Drives Growth with Content

Page  39  ©  2013  Marketo,  Inc.     @jonmiller  

•  Early  stage  content  +3  •  Ahend  webinar:  +5  •  Visit  any  webpage  /  blog  :  +1  

•  Visit  careers  pages:  -­‐10  •  Decay  inac:vity:    -­‐1,  -­‐5,  -­‐10  

•  Pricing  pages:  +10    •  Watch  demos:    

•  +5  overview    •  +10  detailed  

•  Mid-­‐stage  content  +8  •  Late-­‐stage  content  +12  •  Searches  for  branded  keyword  “Marketo”  +8  

Get  The  “DefiniFve  Guide  to  Lead  Scoring”  hep://marketo.com/DG2LS      

Page 40: From Startup to IPO: How Marketo Drives Growth with Content

©  2013  Marketo,  Inc.  Marketo  Proprietary  and  Confiden:al      

How We Measure the Value of Content

Page 41: From Startup to IPO: How Marketo Drives Growth with Content

Page  41  ©  2013  Marketo,  Inc.     @jonmiller  

Metrics for Each Stage

Early Mid Late •  Traffic  /  views  • Downloads  •  Links  •  Shares  and  Likes  

•  Lead  generaFon  (targets)  

•  Pipeline  and  opportunity  allocaFon  

•  Sales  usage  

•  Sales  usage  •  Pipeline  and  opportunity  allocaFon  

•  Revenue  allocaFon  

Page 42: From Startup to IPO: How Marketo Drives Growth with Content

Page  42  ©  2013  Marketo,  Inc.     @jonmiller  

Top Traffic (Q2+Q3)

Page 43: From Startup to IPO: How Marketo Drives Growth with Content

Page  43  ©  2013  Marketo,  Inc.     @jonmiller  

Top Resource Downloads (Q2+Q3)

Page 44: From Startup to IPO: How Marketo Drives Growth with Content

Page  44  ©  2013  Marketo,  Inc.     @jonmiller  

Why Allocation?

•  MulFple  touches.    Seven  touches  needed  to  convert  a  cold  lead  into  a  sale  

•  MulFple  influencers.    Typical  buying  commihee  has  5-­‐21  people  

Page 45: From Startup to IPO: How Marketo Drives Growth with Content

Page  45  ©  2013  Marketo,  Inc.     @jonmiller  

Track All Touches Across People

Screenshot: Marketo Revenue Cycle Analytics

Page 46: From Startup to IPO: How Marketo Drives Growth with Content

Page  46  ©  2013  Marketo,  Inc.     @jonmiller  

First vs. Multi-touch

Screenshot: Marketo Revenue Cycle Analytics

Page 47: From Startup to IPO: How Marketo Drives Growth with Content

Page  47  ©  2013  Marketo,  Inc.     @jonmiller  

Screenshot: Marketo Revenue Cycle Analytics (actual data)

Content Performs Better With Multi-touch

Page 48: From Startup to IPO: How Marketo Drives Growth with Content

Page  48  ©  2013  Marketo,  Inc.     @jonmiller  

Top Pipeline Drivers (YTD)

Page 49: From Startup to IPO: How Marketo Drives Growth with Content

Page  49  ©  2013  Marketo,  Inc.     @jonmiller  

Additional Resources

The  DefiniFve  Guide  to  Social  MarkeFng  hep://marketo.com/DG2SM    

The  DefiniFve  Guide  to  MarkeFng  Metrics  &  ROI  hep://marketo.com/DG2MM    

DefiniFve  Guide  to  MarkeFng  AutomaFon  hep://marketo.com/DG2MA    

Page 50: From Startup to IPO: How Marketo Drives Growth with Content

Page  50  ©  2013  Marketo,  Inc.     @jonmiller  

Tweetable Takeaways & Q&A

1.  Informa:on  abundance  is  transforming  how  buyers  buy  

2.  Modern  consumers  trust  brands  that  provide  useful  content  without  trying  to  sell  them  something  

3.  You  need  different  content  for  each  persona,  phase  of  the  buying  cycle,  and  channel  

4.  Create  content  at  scale  by  repurposing  and  rewri:ng  your    content  

5.  Most  leads  from  content  are  not  ready-­‐to-­‐buy  –  nurture  and  score  rela:onships  over  :me  

6.  Measure  early  stage  content  by  views;  mid-­‐stage  by  leads;  and  late  stage  by  revenue  alloca:on  

@jonmiller  

Page 51: From Startup to IPO: How Marketo Drives Growth with Content

#CONTENTSF