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1 6/6/22 Manticore Technology, Inc. – Copyright 2009. All rights reserved. How to Avoid 10 Marketing Automation Pitfalls November 5, 2009

10 Reasons Why Marketing Automation Fails

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Want to Ensure Your Marketing Automation Solution Produces the Results You Want? Marketing Automation software is often positioned as a tool that will fix all of your marketing problems for a couple thousand dollars a month. Not true. Your choice of software is important, but your strategic approach to implementing the system is paramount to your success. In this webinar, marketing consultant and popular marketing automation blogger Jep Castelein will share 10 reasons why marketing automation projects fail. Attend this webinar to: •Explore the common mistakes that cause marketing automation project failure •Learn what steps you can take to prepare your organization for successful implementation •Identify key purchase criteria in choosing a solution that’s right for you

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Page 1: 10 Reasons Why Marketing Automation Fails

111/5/2009 Manticore Technology, Inc. – Copyright 2009. All rights reserved.

How to Avoid 10 Marketing Automation PitfallsNovember 5, 2009

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Today’s Webinar

Overview

10 Reasons Marketing Automation Projects Fail

Preparing your Organization for Success

Moving Forward

Q & A

Agenda

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Speakers

Christopher DoranVP, Marketing – Manticore Technology

Jep CasteleinPrincipal Consultant – LeadSloth

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About Manticore Technology

Founded in 2001 Driving force in Marketing Automation since 2003

Six years of development & infrastructure support our customers around the globe Product delivers un-matched usability and robust power:

Configurable UI to meet your needs Lead nurturing to develop a business process Deepest CRM integration in industry

Dedicated Customer Success Manager (CSM) to help ensure customers success in developing business process

It’s about process – not technology for technology sake People Process Technology

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Customers Around the GlobeTECHNOLOGY MEDICAL & INSURANCE

FIANANCIALBUSINESS SERVICES

MARKETING

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Marketing Automation Challenge

“Only 20% of B2B marketing organizations are using a marketing automation solution today. 50% of these users aren’t using the MA solution close to their full potential.” - Jonathan Block

Vice President, Service DirectorSirius Decisions

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Beyond Technology

Marketing Automation Technology is only part of the solution. Beware of those that say “it’s so easy – just install

this” Need People, Process, & Technology As you plan marketing automation in your org,

here’s 10 pitfalls to avoid

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Jep Castelein

Jep CasteleinPrincipal Consultant – LeadSloth

www.leadsloth.com

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Unclear Prospect Profile Develop ideal lead profile Develop personas Talk to actual customer or prospects

Pitfall 1

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No Interesting Content Thought Leadership Great content is about them, not you

Pitfall 2

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Not Enough Leads Start with a minimum number of leads Continue to focus on lead generation

Pitfall 3

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Sales & Marketing Don't Get Along Collaborate on campaign design “Over-communicate” Set realistic expectations

Pitfall 4

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Lack of Expertise Analytical and creative Software skills Sales and marketing

skills

Pitfall 5

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Bad Business Model GIGO Use market feedback to validate business

model When validated, automate and measure

Pitfall 6

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Process Not Documented Avoid dead ends Focus resources on the most promising leads Respond to buyer needs

Pitfall 7

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No Board-Level Buy-in Marketing Automation requires organizational

change Many departments will be involved

Pitfall 8

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Assuming It Will Be Easy Expectations management is essential Continuous optimization required

Pitfall 9

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Failure to Define Success Choose metrics that are important to you Set goals Measure continuously

Pitfall 10

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Summary

Marketing Automation can have a major impact on the effectiveness of your sales & marketing teams

Marketing Automation is not that hard, once you know what issues to look out for.

Don’t be afraid to get started.

Key Take Aways:

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Moving forward

Think Business Process Executive buy-in In choosing a solution, does it solve your

business process needs? Beware of it’s “so easy a monkey could use it”.

Solution can be usable The business process can be challenging

Next Steps Stop by at Dreamforce. Booth 1110 Case Studies at: manticoretechnology.com

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Q& A

Q & A

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Contact Info

Christopher DoranVP, Marketing – Manticore Technology

Blog: http://blog.manticoretechnology.com/Email: [email protected]

Phone: 1 (866) MANTICORE Twitter: http://twitter.com/cdoran

Jep CasteleinPrincipal Consultant – LeadSloth

LeadSloth Blog: http://www.leadsloth.comEmail: [email protected]

Phone: 1-888-4A-SLOTH (427-5684) Twitter: http://twitter.com/jepc