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Connect Content to Revenue™ Becoming a Revenue Centric Digital Marketer Tom Wentworth CMO t [email protected] @twentworth12

Becoming a Revenue Centric Marketer

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"Becoming a Revenue Centric Marketer" - Ektron webinar held on 9/28.

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Page 1: Becoming a Revenue Centric Marketer

Connect Content to Revenue™

Becoming a Revenue Centric Digital Marketer

Tom WentworthCMO

[email protected]@twentworth12

Page 2: Becoming a Revenue Centric Marketer

Agenda1. The case for becoming a revenue centric

digital marketer2. Five steps to connect content to revenue3. About Ektron4. Resources and next steps5. Questions

Page 3: Becoming a Revenue Centric Marketer

WHY BECOME A REVENUE CENTRIC DIGITAL MARKETER?

Page 4: Becoming a Revenue Centric Marketer

Why Connect Content to Revenue?

1. Current worldwide economic environment demands revenue growth

2. Marketing leaders being held accountable for revenue

Page 5: Becoming a Revenue Centric Marketer

Revenue is the top Marketing Priority

0% 20% 40% 60% 80%

74%

42%

40%

34%

30%

25%

20%

17%

12%

6%

2%

Acquiring new customersIncreasing market share

Improving customer retentionSupporting sales

Improving the customer experiencePreparing for growth

Increasing customer share of walletImproving brand loyalty

More online marketing activitiesImplementing marketing IT

systemsOther

Q:From among the following, what do you expect your organization's top three marketing priorities to be?

Sum of mean percentages of top threeSource Gartner

Page 6: Becoming a Revenue Centric Marketer

Achieve Business OutcomesTo Build Revenue a measurable activity

that has a quantifiable impact on revenue

Page 7: Becoming a Revenue Centric Marketer
Page 8: Becoming a Revenue Centric Marketer

Exercise:Identify the business outcomes that move the needle for your company

Page 9: Becoming a Revenue Centric Marketer

HOW TO CONNECT CONTENT TO REVENUE

Page 10: Becoming a Revenue Centric Marketer

How to Connect Content to Revenue

ContentWebsites, landing pages, microsites

Page 11: Becoming a Revenue Centric Marketer

Web Content

Managem

ent

Deploy

Web Content Managementfor Digital Marketers

Page 12: Becoming a Revenue Centric Marketer

How to Connect Content to Revenue

ContextBehavior, device, social graphs, environment, location

ContentWebsites, landing pages, microsites

Page 13: Becoming a Revenue Centric Marketer

• Content is King

If Content is King. Context is Queen.

Page 14: Becoming a Revenue Centric Marketer

Product interest Visit patterns Previous purchases Campaign

responses

Site Behavior

Location Time zone Device type Browser

Environment

Referring domain Search keyword Traffic type

Source

Salesforce Dynamics

CRM

Context

Twitter Facebook LinkedIn Google

Social Graph

Where does context come from?

Page 15: Becoming a Revenue Centric Marketer

How to Connect Content to Revenue

ContextBehavior, device, social graphs, environment, location

ContentWebsites, landing pages, microsites

ExperienceWebsites, mobile devices, communities, landing pages, email

Page 16: Becoming a Revenue Centric Marketer

Customer journeys happen across channels

Page 17: Becoming a Revenue Centric Marketer

Delivering Cross Touchpoint Customer Experiences Drives Need For New Capability

August 2011 “Harnessing The Convergence Of Customer Experience Management Solutions”

Page 18: Becoming a Revenue Centric Marketer

How to Connect Content to Revenue

ContextBehavior, device, social graphs, environment, location

OptimizationSEO, personalization, conversion rate optimization

ContentWebsites, landing pages, microsites

ExperienceWebsites, mobile devices, communities, landing pages, email

Page 19: Becoming a Revenue Centric Marketer
Page 20: Becoming a Revenue Centric Marketer

Personalization isn’t happening

Page 21: Becoming a Revenue Centric Marketer

Example: Flights to London

Page 22: Becoming a Revenue Centric Marketer

Where’s London?

Where’s Boston?

Useless promotion

Page 23: Becoming a Revenue Centric Marketer

Relevant imagery

Pre-selected Boston origination

Pre-selected London destination

Page 24: Becoming a Revenue Centric Marketer

■A|B Testing■Test Broader Page Concepts■“Low Hanging Fruit”■Lower Traffic Requirements■Difficult to Control External Factors

■Multivariate Testing■More Learning■More Complexity, Planning, Traffic

Types of Conversion Rate Optimization

Page 25: Becoming a Revenue Centric Marketer

Which Test Won?

A) Delivered 18% more purchases

A B

Source: whichtestwon.com

Page 26: Becoming a Revenue Centric Marketer

\

“Continuous improvement is better than delayed perfection”

– Mark Twain

Page 27: Becoming a Revenue Centric Marketer

How to Connect Content to Revenue

ContextBehavior, device, social graphs, environment, location

Business OutcomeSale, Page View, Member, Lead, Admission, Donation

Loyalty, Awareness, Reputation, Advocacy

OptimizationSEO, personalization, conversion optimization

ContentWebsites, landing pages, microsites

ExperienceWebsites, mobile devices, communities, landing pages, email

Page 28: Becoming a Revenue Centric Marketer

Lead generation at Lloyds TSB

■Full range of banking and financial services

■5th largest bank in Europe

■Results:■90% increase in visitors■150% increase in leads■30% increase in visitor

to registered lead conversion rate

Page 29: Becoming a Revenue Centric Marketer

Ad revenue & engagement at NASDAQ

■Largest U.S. electronic stock market5

■Results:■Grew community

by 3000%■Tripled ad revenue

Page 30: Becoming a Revenue Centric Marketer

Revenue growth at Valassis■Leading Media &

Marketing Services Company

■Results:■Decreased

publishing time by 30%

■Doubled conversion rates on key CTAs

Page 31: Becoming a Revenue Centric Marketer

ABOUT EKTRON

Page 32: Becoming a Revenue Centric Marketer

About Ektron

■ Founded in 1998

■ Headquarters in Nashua, NH■ - Worldwide Offices in Australia, Canada and the United Kingdom■ - Regional Offices in Denver, Richmond and San Francisco

■ 270+ Employees

■ Over 3,000 customers and 12,000 sites including The Home Depot, Kodak, Microsoft, and NASDAQ

Ektron empowers organizations to fully realize their digital marketingpotential by connecting content to revenue

Page 33: Becoming a Revenue Centric Marketer

MissionEmpower Marketers to Connect Content to Revenue

Provide the most scalable, extensible, mobile, partner friendly, .NET WCM platform for the Enterprise

Create vibrant social communities for employees and customers.

Deliver a seamless, social, cross-channel shopping experience

Empower marketers to create contextually relevant customer experiences

Page 34: Becoming a Revenue Centric Marketer

CUSTOMERRELATIONSHIPMANAGEMENT

MARKETINGAUTOMATION

WEBANALYTICS

EMAILMARKETING

Ektron Digital Experience Hub

Page 35: Becoming a Revenue Centric Marketer
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RESOURCES AND NEXT STEPS

Page 37: Becoming a Revenue Centric Marketer

Resources + Next Steps■Slides available at http://slideshare.net/ektron■Webinar recording available shortly on http://ektron.com■Suggested reading - http://whichtestwon.com■Follow @ektron & @twentworth12 on Twitter■An upcoming eBook on Connecting Content to Revenue will be provided to all attendees shortly■Sign up for a personalized demonstration at http://ektron.com

Page 38: Becoming a Revenue Centric Marketer

Summary■ Marketing must be viewed as a profit

center, not a cost center■ Connecting Content to Revenue requires:

■ A strong platform for managing content■ Context for understanding■ The ability to deliver experiences across all

digital channels■ Processes for ongoing optimization■ The ability to tie content to the business

outcomes that move the needle for your business

Page 39: Becoming a Revenue Centric Marketer

Questions