1. Marketing By The Numbers (aka) Revenue-driven Marketing Jill K. Snyder Jill@MarketingMinds.BIZ

2. Agenda Rivers of Revenue discussion “Marketing By The Numbers” Introduction and Examples Lead Incubation Introduction and Examples

3. Brief Biography 28 years of high tech, entrepreneurial, and marketing experience Began career at IBM 3 high tech startups post-IBM VP of Marketing for Aprimo, ExactTarget, YourEncore and the Schneider Corporation Consulted with numerous clients including Walker Information, Vontoo, Hancock Telecom, Pearl Street Venture Funds, Centrasep, and others

4. Rivers of Revenue Your current river is drying up. Or, you just need to find new sources of income, so your company can grow. Whatever the cause, it's time for you to identify new rivers of revenue and start making sales. 2004

5. Marketing By The Numbers Ensure that the marketing plan/strategy that you put in place supports the key business targets Business targets can be revenue, number of customers, number of sales appointments, etc. You will need to make some assumptions first time around. Fine-tune over time. If you can’t measure it, don’t do it.

6. Marketing By The Numbers Number of total leads needed % of leads that qualified % of prospects to meet with % of proposals that close Number of new customers/revenue

7. Marketing By The Numbers Example: Revenue Target$100,000 Average deal size$5,000 # of deals needed from new customers20 % of proposals from new customers that close75% Number of proposals to new customers27 % of sales calls that lead to a proposal20% Number of sales calls needed133 % of qualified leads that turn into a sales call10% Number of qualified leads needed1333

8. Marketing By the Numbers Example: Marketing Tactic Audience SizeConversion % Leads CostCost per Lead email marketing campaign/newsletter 15,0003% 450 $ 2,000.00 $ 4.44 exhibit at conferences/events 5,0005% 250 $ 10,000.00 $ 40.00 local/regional media coverage 5,0002% 100 $ 4,000.00 $ 40.00 speaking engagements 50010% 50 $ 1,000.00 $ 20.00 search engine marketing (PPC) 35,0002% 700 $ 5,000.00 $ 7.14 seminar series 6005% 30 $ 1,000.00 $ 33.33 internet advertising 12,0002% 240 $ 3,000.00 $ 12.50 direct marketing 15,0002% 300 $ 15,000.00 $ 50.00 print advertising 10,0001% 100 $ 2,500.00 $ 25.00 98,100 2,220 $ 43,500.00 $ 19.59 Target: 1,333

9. Marketing By the Numbers Example: Marketing Tactic Audience SizeConversion % Leads CostCost per Lead email marketing campaign/newsletter 15,0003% 450 $ 2,000.00 $ 4.44 exhibit at conferences/events 5,0005% 250 $ 10,000.00 $ 40.00 local/regional media coverage 5,0002% 100 $ 4,000.00 $ 40.00 speaking engagements 50010% 50 $ 1,000.00 $ 20.00 search engine marketing (PPC) 35,0002% 700 $ 5,000.00 $ 7.14 seminar series 6005% 30 $ 1,000.00 $ 33.33 internet advertising 12,0002% 240 $ 3,000.00 $ 12.50 direct marketing 15,0002% 300 $ 15,000.00 $ 50.00 print advertising 10,0001% 100 $ 2,500.00 $ 25.00 1,330 $ 43,500.00 to $11,500 $ 19.59 to $8.04 Target: 1,333

10. Client Example: Planned Actual January - 15% growth9001290143% February - 15% growth103598595% March - 15% growth11901530129% April - 15% growth1369120188% May - 15% growth15741758112% June - 15% growth18101881104% July - 10% growth1991179690% August - 5% growth2091175684% September - 5% growth2195192588% October - 5% growth2305194184% November - 10% growth2535213584% December - 10% growth2789149053% 2178419688

11. Client Example: Multiple P/L Centers P/L 1P/L 2P/L 3P/L 4P/L 5P/L 6 Revenue Goal10002000300020003000 Backlog000000 Recurring Revenue 1000 Revenue Target1000200030002000 3000 Average Deal Size100 30050 100 Number of deals Needed10201040 30 % of Opptys that Close40%10% 50%20%50% Number of Opptys Needed252001008020060 % of leads > to Opptys10% 15%50%20%50% Number of leads Needed25020006671601000120 % of leads needed from Mtkg10% 0%50%10% Number of Mktg leads needed2520067050012804 Number of leads/month2176042167 Cost per qualified lead $ 80.00 Discretionary Mktg Budget $64,293.33

12. Client Example: Multiple P/L Centers

13. Measure!

14. How Do You Measure Success? OCTOBER 22, 2009 Custom content good for ROI Nearly three-quarters of companies have guidelines to measure the success of their marketing programs, and for one-half such measurements are a requirement for obtaining marketing funding, according to the King Fish Media “2009 Survey on Marketing, Media and Measurement,” conducted in partnership with HubSpot, Junta42 and the Upshot Institute. King Fish MediaHubSpotJunta42Upshot Institute The No. 1 metric of success for the marketing and sales managers polled was the number of new customers acquired. Lead generation and increased sales were also tracked by more than two-thirds of respondents.

15. Lead Incubation

16. Turning suspects into prospects into customers Marketing at each stage is different Suspects >>>>>> Prospects >>>>>> Customers

17. Lead Incubation TradeshowsPhone-insConferences Print AdvertisementsEmail campaignsLoyalty programs Yellow Page AdsInside Sales/TelemarketingNewsletters Banner AdsTargeted direct marketingUpgrade offers Public RelationsSeminar AttendeesExclusive offerings Television/Radio AdvertisingInvite to special events White Papers Suspects >>>>>> Prospects >>>>>> Customers

18. Lead Incubation Process – Example 1 High tech software company Utilized state-of-the-art technology Highly automated Thousands put into process Entrants into the process daily and from multiple ‘touch points’

19. Web Forms RingLead Email sent to general box Place in incubation Q Update Lead Score Sales Dev Team Calls Lead created in sf.com Web-to-Lead De-dup New Lead? YES </= 15 minutes Is Score >= 40? YES Enter leads to sf.com Convert to an Opportunity Sales Team NO * Opt-in to e-news AA Incoming Call Leads run thru Ringlead Lead Retrieval downloaded ACD to Sales Dev Team </= 15 minutes * All sf.com info updated Shows/ Speaking Bus. Cards Scanned </= 48 hours Sales Development Lead Process Banner Ad Email Demo Req. Powered By Referral Prog. Barter Promo SEM - pay SEO - natural Other…. Tradeshow Speaking gig Conferences Assign to Sales Dev Rep Info@ Sales @ Is this a Lead? Create Lead in sf.com YES NO Augment record in sf

20. Marketing By The Numbers Questions / Comments Jill Snyder Jill@MarketingMinds.BIZ