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Lead Nurturing Best PracticesPractical Strategies to Automate Customer Engagement Derek Grant, Vice President Pardot Marketing Automation
What is Prospect Nurturing? ,[object Object]
Nurturing moves the recipient forward in the sales process
Concept – Push v. Pull content
Aberdeen Group – 80% of Best Class Companies will nurture.,[object Object]
The Sales Paradigm Is Shifting The Buying Paradigm has shifted Buyers perform research prior to engagement Forrester Research – 80% of all leads passed to sales are mis-handled 70% of mis-handled leads buy from a competitor
The Sales Paradigm Is Shifting Don’t Just Throw Prospects Over the Fence
The ROI is Staggering Nurturing Delivers demonstrable ROI: 9% higher average deal size for nurtured leads vs. non-nurtured leads 23% shorter deal time for nurtured than non-nurtured leads. Your Lead Database is Valuable Each Lead in your DB has a Cost (e.g., $50) Time erodes the value of the Lead DB
Rule 1 – Know Your Audience Segments, Personas & Stated Interest ,[object Object]
Prospect v. Customer-Focused Content
Granular segmentation is keyProduct Need – FEA v. PDM Explicit Segmentation – Engineer v. Engineering Manager v. Chief Personas - Technology buyer vs.  Economic buyer If the message “fits” everyone, it probably isn’t specific enough for any one prospect.
Rule 1a – Specifically Address Your Audience Personalization is Key ,[object Object]
Mail Merge Personalization
Relevant Subject LinesThese techniques make it seem more like a conversation than a broadcast
Rule 2 – Start With the End In Mind What Are You Trying to Accomplish? ,[object Object]
What’s Your Mission Statement (e.g., Define “Success”)Education Green Leads to MQL Brand Building / Top of Mind Example: ,[object Object],Educational & Functional Content
Rule 3 – Be Mindful of Timing Make it Appear Authentic ,[object Object]
Business Hours only improve response ratesFrequency ,[object Object]
Not so often it is a nuisance
Rule of Thumb – Every 7-10 days ,[object Object]
Non Responsive to SalesStop ,[object Object],Once Achieved, terminate program…even if there is more content available Transition ,[object Object],[object Object]

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Lead nurturing best practices SolidWorks World

  • 1. Lead Nurturing Best PracticesPractical Strategies to Automate Customer Engagement Derek Grant, Vice President Pardot Marketing Automation
  • 2.
  • 3. Nurturing moves the recipient forward in the sales process
  • 4. Concept – Push v. Pull content
  • 5.
  • 6. The Sales Paradigm Is Shifting The Buying Paradigm has shifted Buyers perform research prior to engagement Forrester Research – 80% of all leads passed to sales are mis-handled 70% of mis-handled leads buy from a competitor
  • 7. The Sales Paradigm Is Shifting Don’t Just Throw Prospects Over the Fence
  • 8. The ROI is Staggering Nurturing Delivers demonstrable ROI: 9% higher average deal size for nurtured leads vs. non-nurtured leads 23% shorter deal time for nurtured than non-nurtured leads. Your Lead Database is Valuable Each Lead in your DB has a Cost (e.g., $50) Time erodes the value of the Lead DB
  • 9.
  • 11. Granular segmentation is keyProduct Need – FEA v. PDM Explicit Segmentation – Engineer v. Engineering Manager v. Chief Personas - Technology buyer vs. Economic buyer If the message “fits” everyone, it probably isn’t specific enough for any one prospect.
  • 12.
  • 14. Relevant Subject LinesThese techniques make it seem more like a conversation than a broadcast
  • 15.
  • 16.
  • 17.
  • 18.
  • 19. Not so often it is a nuisance
  • 20.
  • 21.
  • 22. Dust off old content
  • 23.
  • 24.
  • 25.
  • 26. Brian Carroll – Nurturing with the “Human Touch”
  • 27.
  • 28. Examples of Nurturing Re-Engage Stale / Un-contacted Leads Sales can recycle / reject non-qualified leads Marketing can automatically reclaim un-contacted leads This is how nurturing keeps the CPQL low Content: Depends on how engaged the prospect was Mix of Heavy HTML and Text Only Whitepapers, Webinars, Personal Notes Goal: Re-qualify as an MQL
  • 29. Examples of Nurturing Standardize Sales Communication Perfect for a Product Trial Also delivers Marketing content that you suspect sales doesn’t send. Content: HTML from “Marketing@” for trial how to’s Text Only from the Sales Rep (for sales reconnects) How To’s, Case Studies, Advanced Webinars, Analysts Reviews Goal: To turn them into a paying customer
  • 30. Examples of Nurturing Stay Top of Mind Stay in touch campaigns for responsive leads Fire and Forget campaigns for non-responsive leads Goal of Reacquainting the prospect with key features / differentiators Content: Text Only from the Sales Rep Goal: Faking Sincerity Until Reengagement
  • 31. Examples of Nurturing Reconnect After a Loss Sometimes this happens If it was a close loss, the rep may still be considered an advisor to the prospect Consider starting around 50-60% of the contract term with their vendor Content: Text Only from the Sales Rep Goal: Ask for another chance Confirm that you should be their trusted vendor.
  • 32.
  • 33. Start with the End in Mind
  • 34. Be Mindful of Timing
  • 37.
  • 38. Send “one size fits all” content
  • 42. Thank You For Your Time Today Pardot 950 East Paces Ferry Rd Suite 3300 Atlanta, Georgia 30326 Derek Grant VP of Sales derek.grant@pardot.com 404.492.6848 877.3B2B.ROIwww.pardot.com