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How to Create Qualified Leads with Lead Nurturing #InboundLearning We will be starting at 2:00pm EST. Use the Question Pane in GoToWebinar to Ask Questions! CHAT WITH US: 1 Using the question pane 2 Use the hashtag #InboundLearning on Twitter How to Create Qualified Leads with Lead Nurturing 11/13 Understanding the Buying Process 11/20 Creating Lead Nurturing Campaigns 11/27 Executing & Analyzing Lead Nurturing Workflows Mark Kilens @MarkKilens Chris LoDolce @ChrisLoDolce AGENDA 1 2 3 4 5 What is lead nurturing & why do we need it? 3 lead nurturing necessities Mapping content to the buying process Organizing & setting up your campaign Webinar tasks 1 WHAT IS LEAD NURTURING & WHY DO WE NEED IT? Microwavable dinners are to 3-course home cooked meals as one-off emails are to lead nurturing campaigns Grow & Nurture Relationships Education Personalization Segment of 1 2 3 LEAD NURTURING NECESSITIES Workflows vs. Branching 3 Things You Must Know to Execute a Campaign 1 Create a SMART campaign goal 2 Decide which persona to target 3 Understand the buying process stages 1 CREATE A SMART CAMPAIGN GOAL S.M.A.R.T. Goal Setting 1 Specific: Significant, Simple 2 Measurable: Meaningful, Manageable 3 Attainable: Appropriate, Achievable 4 Relevant: Results-oriented, Realistic 5 Timely: Time-oriented, Time-based “I want as many customers as soon as possible” “I want to increase my customer base by 10% in 6 months using a lead nurturing campaign” 2 DECIDE WHICH PERSONA TO TARGET 1 Who are your personas? 2 What do they need from you? 3 How are your campaigns a SEGMENT OF 1 for each persona? 3 UNDERSTAND YOUR BUYING PROCESS The Buying Process: Perform Research Move leads through the buying process Prospect knows there is a problem that needs to be solved Establish Buying Criteria Free whitepaper Free guides & tip-sheets Free eBooks Free checklists Free videos Free kits (combo of above) Prospect recognizes a need for a solution like yours. Evaluate Vendors Prospect seeks solutions to their need; ready to buy. Free webinars Case Studies Free Sample Product spec sheets Catalogs Free trials Demos Free Consultations Estimates or quotes Coupons LEAD NURTURING IS LIKE COURTING A INTRODUCTION (Website Content) PERSON LEAD NURTURING IS LIKE COURTING A INTRODUCTION (Website Content) PERSON FIRST DATE (First form Completion) LEAD NURTURING IS LIKE COURTING A INTRODUCTION (Website Content) PERSON FIRST DATE (First form Completion) MANY DATES (LN EMAILS) LEAD NURTURING IS LIKE COURTING A INTRODUCTION (Website Content) PERSON FIRST DATE (First form Completion) THE PROPOSAL (Evaluate vendor offer) MANY DATES (LN EMAILS) THE WEDDING (Become a customer!) “Too serious too soon? You’ll scare them away.” “To slow? You’ll never have a chanc for the proposal.” “Use the right amount of nurturing & make them yours for life!” 3 MAPPING CONTENT TO THE BUYING PROCESS 3 Steps to Mapping Your Campaign Effectively 1 Audit the content you have 2 Map your content to the appropriate persona 3 Decide the length of the campaign 1 AUDIT THE CONTENT YOU HAVE Focus on quality content relevant to your personas & where fits into the buying process Find relevant blog content that will resonate with your personas’ & their phase of the buying process Identify all your offers & consider how effective they have been to date Worksheets Free Consultation Kits Webinars Free quote Events Case Studies What content can you use to create new offers with? 2 MAP YOUR CONTENT TO THE APPROPRIATE PERSONA Your content & message around the lead’s needs & where they are in the buying process Worksheet Worksheet 3 DECIDE THE LENGTH OF YOUR CAMPAIGN The Buying Process: Perform Research Prospect knows there is a problem that needs to be solved Decide the pace at which your persona moves through the process Establish Buying Criteria Free whitepaper Free guides & tip-sheets Free eBooks Free checklists Free videos Free kits (combo of above) Prospect recognizes a need for a solution like yours. Evaluate Vendors Prospect seeks solutions to their need; ready to buy. Free webinars Case Studies Free Sample Product spec sheets Catalogs Free trials Demos Free Consultations Estimates or quotes Coupons Ask your sales team Analyze past campaigns Form a Hypothesis From Your Data Test Your Hypothesis with Your Campaigns 4 ORGANIZING & SETTING UP YOUR CAMPAIGN Identify which Persona you will be targeting for this lead nurturing campaign SMART Goal of campaign: “I want to increase my customer base by 10% in 6 months using a lead nurturing campaign” Perform Research Prospect knows there is a problem that needs to be solved Establish Buying Criteria Free whitepaper Free guides & tip-sheets Free eBooks Free checklists Free videos Free kits (combo of above) Prospect recognizes a need for a solution like yours. Evaluate Vendors Prospect seeks solutions to their need; ready to buy. Free webinars Case Studies Free Sample Product spec sheets Catalogs Free trials Demos Free Consultations Estimates or quotes Coupons Campaign Timing & Email Timing To Fast To Slow Just Right Design the lead nurturing campaign Lead Nurturing Statistics 50% of leads are qualified but not yet ready to buy. (Source: Gleanster Research) Jeff Ernst of Forrester Research, Inc., estimates that only about 5% of marketers use a full-featured marketing automation solution (Source: Forrester Research) Lead nurturing emails get 4-10 times the response rate compared to standalone email blasts. (Source: SilverPop/DemandGen Report) Nurtured leads produce, on average, a 20% increase in sales opportunities versus nonnurtured leads. (Source: DemandGen Report) Lead nurturing emails generate an 8% CTR compared to general email sends, which generate just a 3% CTR. (Source: HubSpot) Nurtured leads make 47% larger purchases than nonnurtured leads. (Source: The Annuitas Group) 5 WEBINAR TASKS Webinar Tasks 1 Choose a persona to create a campaign for 2 Use the Workbook to map your content to each stage of the buying process & persona 3 Use the Workbook to identify the goal of the campaign, timing & the goal of each email Webinar Resources 1 Buyer Personas Webinar Series 2 Lead Nurturing Workbook 3 How to Map Lead Nurturing Content to Each Stage in the Sales Cycle 4 30 Thought-Provoking Lead Nurturing Stats You Can't Ignore QUESTIONS? HubSpot Resources 1 http://forums.hubspot.com 2 http://help.hubspot.com 3 Settings > My Email Notifications Want to Watch Previous Webinars? 1 http://academy.hubspot.com/webinars/ 2 Watch webinar recordings 3 Download webinar slides 4 Download webinar resources THANK YOU.