Funnel 03 leads-gen04

Preview:

DESCRIPTION

Draft of NICHOLSON media online business development presentation

Citation preview

3/8/11 PAGE 1

EVERY BUSINESS HAS A

REVENUE FUNNEL

3/8/11 PAGE 2

LOWER YOUR COST OF CUSTOMER AQUISITION

To acquire customers in a cost effective way, focus on two questions in your Revenue Funnel:

1. Find a more cost efficient and scalable way to acquire customers (leads)

2. Monetize those customers at a much higher level than your cost of acquisition (loyalty)

3.

3/8/11 PAGE 3

Inbound 62% lower cost per lead than outbound.

2010 survey: 60% lower cost per lead.

3/8/11 PAGE 4

OPTOMIZE

FOR

LEADS

3/8/11 PAGE 5

3/8/11 PAGE 6

OPTOMIZE

FOR

LOYALTY

3/8/11 PAGE 7

FUNNEL TOP GENERATE MORE WEBSITE AWARENESS & GET FOUND Inbound marketing

Blogging SEO/SEM Social Media Influencer Campaigns Press & Articles etc.

3/8/11 PAGE 8

MIDDLE NURTURE and PRODUCE QUALIFIED LEADS Webinars Free Trials eMail Campaigns Newsletters etc.

3/8/11 PAGE 9

YOUR FUNNEL WILL HAVE

BLOCKAGE POINTS FIND AND ELIMINATE THEM

3/8/11 PAGE 10

IDENTIFY YOUR BLOCKAGE POINTS USING

KEY METRICS

3/8/11 PAGE 11

3/8/11 PAGE 12

ALIGN

EVERY MARKETING ACTIVITY TO ONE GOAL:

CREATING LEADS AND LOYALTY

3/8/11 PAGE 13

3/8/11 PAGE 14

If it doesn’t create a lead, or

directly contribute towards closing a sale, or

If the cost per lead is too high…

IT DOESN’T BELONG

3/8/11 PAGE 15

3/8/11 PAGE 16

SALES-DRIVEN FUNNEL DESIGN

TO A

CUSTOMER-CENTRIC FUNNEL DESIGN

3/8/11 PAGE 17

3/8/11 PAGE 18

BEST PRACTICES FOR DESIGNING YOUR FUNNEL

Driven by Content & Community

3/8/11 PAGE 19

“FORRESTER RESEARCH BELIEVES THE TIME IS RIGHT FOR THE ONLINE MARKETING SUITE.

THIS SUITE, UNDERPINNED BY A CENTRAL HUB,

IS THE EVENTUAL DESTINY FOR ALL

ONLINE MARKETING TECHNOLOGY”.

3/8/11 PAGE 20

3/8/11 PAGE 21

IMPLIMENTATION

1. Define and differentiate your brand 2. Build a powerful, content-driven Website 3. Strategize and develop a plan 4. Manage an integrated campaign

3/8/11 PAGE 22

3/8/11 PAGE 23

ROI DRIVEN CAMPAIGN Sample 12 month budget assumptions:

• Limited client capacity: outsource most activities

• Has clear brand: Website needs optimizing SEO, blog and site architecture (design, forms, calls to action, landing pages

• Content driven strategy: budget is essential for a lead generation and loyalty building.

3/8/11 PAGE 24

3/8/11 PAGE 25

3/8/11 PAGE 26

3/8/11 PAGE 27

3/8/11 PAGE 28

3/8/11 PAGE 29

3/8/11 PAGE 30

HOW TO IMPROVE

VISITOR TO LEAD

CONVERSION RATES?

3/8/11 PAGE 31

3/8/11 PAGE 32

3/8/11 PAGE 33

3/8/11 PAGE 34

3/8/11 PAGE 35

3/8/11 PAGE 36

3/8/11 PAGE 37

3/8/11 PAGE 38

3/8/11 PAGE 39

3/8/11 PAGE 40

3/8/11 PAGE 41

3/8/11 PAGE 42

3/8/11 PAGE 43

3/8/11 PAGE 44

3/8/11 PAGE 45

3/8/11 PAGE 46

3/8/11 PAGE 47

3/8/11 PAGE 48

3/8/11 PAGE 49

3/8/11 PAGE 50

3/8/11 PAGE 51

WHAT IS A

“SALES & MARKETING MACHINE?”

And how do you build one in 9 steps…

3/8/11 PAGE 52

3/8/11 PAGE 53

1. IDENTIFY Identify people in purchase decision

2. UNDERSTAND Address their buying process and concerns

3. ENTICE Design buying process & address concerns

4. ALIGN Ensure funnel actions lead directly to sales

5. LINK Link every funnel action to the next step

6. AUTOMATE Use software to automate

7. MEASURE Measure key funnel metrics

8. ANALYZE Identify blockage points

9. IMPROVE Better enticements and ways to address concerns

3/8/11 PAGE 54

LOWER YOUR COST OF CUSTOMER AQUISITION With digital inbound marketing, the marginal cost per customer acquisition is typically close to zero, so the cost per lead will continue to decrease.

Recommended