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Today’s Speakers
Sean Callahan
Senior Manager, Content Marketing
@sean_f_callahan
Matt Heinz
President
Heinz Marketing
@HeinzMarketing
http://marketing.linkedin.com/blog/introducing-the-sophisticated-marketers-crash-course-in-full-funnel-marketing/
Download The Sophisticated Marketer’s
Crash Course in Full Funnel Marketing
Harnessing the Power
of Full Funnel Marketing
5
The Rise of
Full Funnel Marketing
6
“The funnel metaphor, at its basic
level, is that there are more people
that are always starting the process
than there are at the buying stage.
There are more people who aren’t
ready to buy than are ready to buy.”
– Michael Brenner, NewsCred
7
Three Critical Numbers to Know in
Full Funnel Marketing: 90, 95, 80
8
9
90 -- Revolutionary Changes
in the Buyer’s Journey
95 – The Percentage of Visitors to Your
Website Who Don’t Convert
10
80 – The Percentage of Your Database
Who Doesn’t Open Your Emails
11
12
The Two-Stage Funnel
1313
Full Funnel Marketing
is the New 3-Martini Lunch
14
Upper Funnel Goals Reach Audiences, Build Brand
15
Lower Funnel Goals Nurture Both Unknown and Known Prospects
16
Upper Funnel TacticsContent Marketing
Display, Broadcast & Print Advertising
17
Lower Funnel TacticsSearch, Email,
Display, Content Marketing
18
Upper Funnel MetricsBrand Recall, Branded Search,
Lift in Target Audience Traffic
19
Lower Funnel MetricsLeads, Cost Per Lead, Web Form Conversions,
Revenue Contribution
20
AttributionLast-Click vs. Algorithmic Attribution
21
The Hybrid MarketerGoes Full Funnel: Branding, SEO, Content,
Email, Technology, Creative, Coding, Analytics
22
LinkedIn’s Approach to
Full Funnel Marketing
Jive Software
Success Story
23
Upper Funnel
• Tactics: LinkedIn Sponsored Updates, LinkedIn
InMail
• Metrics: 110% Higher Open Rate, 75% Higher
Engagement Rate24
Lower Funnel• Tactics: Retargeting and Other Tactics
• Metrics: Reduced CPL by 20%
25
26
“If you invest in that top of pipeline content, if
you invest in these early-stage relationships,
you significantly subsidize the acquisition costs
of deals not only in the medium future but also
well beyond that. There’s an annuity to that:
You’re lowering your acquisition costs.”
– Matt Heinz, Heinz Marketing
Full Funnel Marketing 101Matt Heinz
President, Heinz Marketing Inc
@heinzmarketing
1. Do the math (quantify what success looks like)
2. Create a clear customer profile
3. Map the sales and buying process
4. Embrace revenue responsibility
5. How will you measure it?
Five keys to full-funnel marketing
One slide to rule them all
Only two sales stages matter
Only two sales stages matter
The buyer’s journey
Heinz Marketing, Inc
A direct line to revenue growth
Heinz Marketing, Inc
Calculating what you needAssumptions
Product A ASP $ 15,000
Product B ASP $ 50,000
Opp/Close % 33.0%
Lead/Opp % 10.0%
Product A CPL $ 15
Product B CPL $ 35
Q1 2010 Q2 2010 Q3 2010 Q4 2010 TOTALS
Product A Sales # 50 56 63 69 238
Product B Sales # 8 9 10 11 38
Total Sales # 58 65 73 80 276
Product A Sales $ $ 742,500 $ 841,500 $ 940,500 $1,039,500 $ 3,564,000
Product B Sales $ $ 412,500 $ 453,750 $ 495,000 $ 536,250 $ 1,897,500
Total Sales $ $1,155,000 $1,295,250 $1,435,500 $1,575,750 $ 5,461,500
Product A Pipeline # 150 170 190 210
Product B Pipeline # 25 28 30 33
Total Pipeline # 175 198 220 243
Product A Pipeline $ $2,250,000 $2,550,000 $2,850,000 $3,150,000
Product B Pipeline $ $1,250,000 $1,375,000 $1,500,000 $1,625,000
Total Pipeline $ $3,500,000 $3,925,000 $4,350,000 $4,775,000
Product A Leads 1500 1700 1900 2100
Product B Leads 250 275 300 325
Total Leads 1750 1975 2200 2425 8350
Product A Lead Budget $ 22,500 $ 25,500 $ 28,500 $ 31,500
Product B Lead Budget $ 8,750 $ 9,625 $ 10,500 $ 11,375
Total Lead Budget $ 31,250 $ 35,125 $ 39,000 $ 42,875 $ 148,250
Heinz Marketing, Inc
People & problems, not products
Heinz Marketing, Inc
Marketing plan in 5 questions1. What/who are your targets?
• Direct & indirect users, influencers
• Address entire buyer ecosystem
2. What do they care about? What outcome are they seeking?
3. Where do you find them?
4. What or who influences them?
5. How do they want to engage and (eventually) buy?
Heinz Marketing, Inc
What do your customers care about?
Heinz Marketing, Inc
The buyer progression
SolutionProblem/
PainObjective/
Outcome
Heinz Marketing, Inc
Enumerating needs by roleAudience
Vertical#1
CEO
IT/CIO
CFO
CMO
Audience
Vertical#2
CEO
Drivers PainPoints ValuePropositions(bulletpoints) KeyMessages
KeyMessagesDrivers PainPoints ValuePropositions(bulletpoints)
Five recommendations
1. Know your customer better
2. Focus on building consensus internally
3. Prioritize early buyer stages
4. Establish key metric baselines & goals
5. Develop systems, processes & habits to execute consistently
Questions?
Sean Callahan
Senior Manager, Content Marketing
@sean_f_callahan
Matt Heinz
President
Heinz Marketing
@HeinzMarketing