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Welcome and introduction to conference from Executive Sponsor, Southwire Company, LLC. Why marketing and data should work together.
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Proud to Sponsor
The future is here… DATA � CONTENT� ENGAGEMENT
• Integrated marke?ng and selling techniques have driven the need for tradi?onal CRM systems to include social and digital aspects. CRMs were built around people and rela?onships, the social aspect is now an add-‐on.
• Business must expand to include more sophis?cated analy?cal tools that
help teams collaborate both internally and externally, send customized emails, gather insights from social media conversa?ons, and get a holis?c picture of your business health in real ?me.
• Making sense out of unstructured feedback is complicated, and companies that crack the code are gaining a beNer grasp of the customer experience than ever before.
Mobile apps made up
47% of Internet traffic; 8% of traffic came from mobile browsers
90% of American adults have a
CELL PHONE 58% of American adults have a
SMARTPHONE
42% of American adults own a TABLET COMPUTER
Over 147 million people in the U.S. own SMARTPHONES
which is about
62% mobile penetraHon
Mobile devices accounted for
55% of Internet usage in the U.S. (in Jan., 2014)
with PCs at 45%
Drama?c growth in mobile and e-‐commerce is crea?ng a “New Normal”
Customers and users expect to: • Do anything and everything online (in their own time-frame) • Have every customer-facing interaction as a digital experience option. • Have an intelligent, interactive, and engaging digital experience. • Receive content optimized for the specific device in use. • Customer-facing business transactions to no longer rely solely
on “analog experiences” such as filling in paper/PDF forms, phoning the call center, visiting a branch office, or applications that don’t offer an optimized experience for every device.
!
It’s ?me to Apply a personal element of CRM to posi?vely impact Customer Rela?onships
• Consumers prefer assistance over the following channels: Phone (61%), email (60%), Live Chat (57%), online knowledge base (51%), “click-‐to-‐call” support automa?on (34%). eConsultancy
• 45% of companies offering web or mobile self-‐service reported an increase in site traffic and reduced phone inquiries. CRM Magazine
• 70% of buying experiences are based on how the customer feels they are being treated. McKinsey
• 55% of consumers would pay more for a beNer customer experience. Defaqto Research
• A 10% increase in customer reten?on levels
result in a 30% increase in the value of the company. Bain&Co
“IT is from Venus Marke?ng from Mars”
• By 2020 the marke?ng func?ons in leading companies will be radically reshaped into three organiza?on “systems” – content, channels and consump?on.
• 80% of customer data will be wasted due
to immature enterprise data “value chain”
• By the end of 2014, 60% of CMO’s will have formal recrui?ng processes for people with data skills
6/14 K. Schaub, VP IDC, 10 2014 predic?ons on the changing role of the CMO
“Devise a business model that creates on going customer value”
• Data opportuni?es, ecommerce opportuni?es • Rela?onships + Collabora?on = Evolu?on and Advancement • “Hypernetworked” • Increasing Produc?vity and efficient communica?on through
mobile technology • Building a beNer web storefront with good product data • Engaging with your customer the way they want to engage with
you.
Providing valuable informa?on or content to current and poten?al customers & users for the purpose of building trust, branding, awareness, conversions, and posi?ve sen?ment. • Content Marke6ng costs 62% less than
tradi6onal marke6ng and generates three 6mes as many leads. – Demand Metric
• Content Marke6ng delivers 54% more leads into the marke6ng funnel than tradi6onal marke6ng efforts. – State of Inbound Marke6ng
Due to the impact of social media, search engines like Google, Bing and Yahoo are con?nually upda?ng their algorithms and making social presence a major factor in their search rankings. The ability for your business to be found on the internet is being ?ed to how well you are engaging with your customers. • 89% of consumers conduct their research using
search engines. (PR Newswire)
• 78% of purchasers say that the posts made by companies on social media influence their purchases. (Forbes)
Example: In a current Southwire campaign, we’ve have had over 1.3 million entries with a reach of over 700,000 people. This data has been captured, manually segmented and will be used in upcoming campaigns to further nurture these leads. • Nurtured leads produce, on average, a 20% increase in
sales opportuni?es versus non-‐nurtured leads. (DemandGen Report)
• A quarter of all B2B Fortune 500 companies are already using marke?ng automa?on, along with 76% of the world’s largest SaaS companies. (Pardot)
• 84% of top performing companies are using or plan to start using marke?ng automa?on between 2012 and 2015. (Gleanster)
• Benchmark liq of company awareness • Benchmark liq of product/service awareness • Cost savings • Higher conversion rates • Inbound links • Customer renewal rates • Qualita?ve feedback from customers • Sales • Sales lead quan?ty &quality • SE ranking • Subscriber growth • Time spent on website • Website traffic • Ecommerce sales
Source: Avoka.com 2013