Email Marketing Gone Wrong

Savings-EmailI love Overstock.com. Tons of the furniture items and things throughout my home were ordered from the site. Quality is always good, I get the stuff fast and the prices are perfect. But lately I’m a bit confused by their email campaigns.

‘Limited Time’ Should Mean ‘Limited Time’

The image here in this post is from a recent email but I must’ve received at least 15 of these ‘limited time’ sales emails over the last month. That is nearly every single day I am receiving an email. Guess what is happening? I’m ignoring them because I know the sale is not over forever. The first email I hesitated on hitting the delete key and almost clicked-through to take advantage. But after the 5th email stating that I had just another 24 hours to take advantage, I stopped believing it was true.

I know that there will be more and I don’t need to act now. The entire point of offering a sale for a ‘limited time’ is lost because Overstock.com is not staying true to their word.

Getting It Right

Now there are other brands where I receive emails very sparingly and I know that what they say is actually what is happening. If the free shipping offer is just that day and I dont get to the email until the next day, I’ve missed  the offer and I know another email is not coming on it’s tail. When I see this, I typically act. I mean, I have given permission to thse brands to email me and I am interested in their products so it’s not uncommon that I buy something – especially if it’s a good deal.

Overstock.com needs to take a serious look at the volume of their emails. How many people are receiving 15 emails per month? Of those, how many are unsubscribing? Is anyone even taking advantage of these ‘limited time’ sales?

What do your email communications look like? Are they valuable to your audience or are you just filling up their inbox?

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Marketers Need More Options Than ‘A’ and ‘B’

alphabet-soupI was just reading on Seth Godin’s blog this short post on ‘Degrees of freedom‘. The line that caught me was this idea that marketing has more freedom than any other function within an organization. We are successful only when we understand and embrace this to have an impact. The ‘options’ for marketers, as Seth states, should never be constricted to just A and B. But that is so often what we do. A/B test anyone?

What Comes After B?

You are building a campaign and integrate an A/B testing component. You hit ‘go’, look at the results and pick the frontrunner. Is that what you go with or do you decide to test B against C. Seth’s right – the options for marketers are endless. Yet, we don’t consider it that way. We test one something against another and pick the best option so we can ship it. We dont see an option C since that is not what we are trained to do. It’s A or it’s B.

Set aside the testing piece for a moment and take into context the different ways this may be applied. You could send an email or send direct mail. There’s your A/B. But you could also send InMail or targeted display ads or run a call campaign. Again, it’s A or it’s B. When we go beyond that, it gets complex, the conversation is harder to understand and the strategy is wavy at times.

Embrace the Freedom

I currently employ an 80:20 rule when it comes to budget spend. 80% is spent on tried and true campaigns and 20% is free to be used on whatever we want to test out in that time period. As a marketer, you are never going to be limited by your options, your freedom to think of things differently and go out on a limb. You are going to be limited by the restrictions you place on yourself to stick to A/B methodology. Dare to ask what the impact of C may be or D or E or even Y?

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What Does ‘Inbound Marketing’ Mean To You?

inbound-marketingI have to admit I’m a bit nervous. Over the last couple months I have been interviewing with companies to pursue opportunities (am sure you heard by now my company was acquired by Oracle and I am just not a fan of large corporate environments) and had the great pleasure of meeting all types of really smart people creating awesome technologies. But I started to notice something. A common denominator, if you will, that made me wonder if I would even find something that would be a good fit for me. Why? Because of this misnomer about ‘inbound marketing’.

What is Inbound Marketing?

The answer depends on who you ask. Some may claim that inbound marketing has to do with creating content, SEO and social media. May otherwise be referred to as organic or ‘free’ lead generation. Companies seriously think they can build a strategy around these things and nothing else. I know, I know, it’s been proven. Marcus Sheridan has a great case study on this one but I would hesitate to suggest it works for anyone and every company.

If you were to ask me to define inbound marketing, I would answer with something along the lines of this: marketing efforts that result in inbound traffic and leads to your company to reach corporate objectives. Im trying not to sound too gobbledygooky here with that one so let me try and sum it up better. It’s everything you need to do to build your database and expand your reach. This absolutely includes PR, social media, SEO but it also includes paid search, paid media, sponsored webinars and even events.

‘Free’ Marketing is Not a Strategy

If you have no budget and struggle to gain buy-in for paid media, you often resort to the free stuff. I’ve been there and done that and yes, I even got results. But..I got even better results and more volume and more pipeline revenues when I combined those organic inbound leads with paid media. For one thing, a major difference is the quality and the control. With paid media, you can decide what types of audience interact with your brand. You can match your target audience to better align your content and pull in better leads. And that means they score higher and faster and get to your sales team quicker. Sounds good to me.

Let’s not coin the term ‘inbound marketing’ as the free stuff marketers! Let’s decide this is all programs related to inbound activities – paid or not.

What do you think? Am I right or completely off on this one?

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Getting Started With Whitepapers

A quick glance through the most popular search terms that brought you and other readers to my site in the last day, last 30 days and even of all time, has made it clear that ‘papers’, ‘whitepapers’ and ‘white papers’ are clearly on your mind. A post I wrote “13 ways to Promote One Whitepaper” is a must-read and has been read at this point thousands of times. I hope it is helpful and you are taking away some value to apply at your own company. But perhaps I put the cart before the horse with this one because to promote a whitepaper would assume you have already created one. So let’s talk about the first part; how to get started with whitepapers.

Start with an idea

Everything starts with an idea even your whitepaper. I look at this a couple ways. First I look at what trends are appearing in the market. In a previous company, we were targeting e-commerce professionals who were challenged with building a shopping cart on their Facebook page. I conducted some research and found articles and blogs that talked slightly about the topic but nothing that was truly addressing it. This would be a great idea for content but I felt that we could do more here and create a guide or whitepaper that really consolidated all the information and provided e-commerce professionals with something they could use.

Can you solve or help with the problem?

Now just because I had identified a problem that was not being addressed and a clear audience to consume this whitepaper, didnt mean I necessarily had the ‘right’ to write about it. Who was the authority on the topic? Me? Certainly not. Could I find enough of and the right resources and information to pull it all together into a succinct paper? Yes, I could.

Draft the outline

Everyone’s outline will be different based upon your topic and audience and the overall goal or takeaway you want your audience to have. But you must start with a summary of why the paper exists and why the person should read it. Next, outline the layout of your paper. In this example, my outline looked like this:

  • Why Facebook cannot be ignored by e-commerce professionals – data
  • What are the solutions that currently exist? How can a retailer get started today?
  • What do consumers want? Is any method working to convert Facebook users into paying consumers?
  • What does the future look like? What should be available that currently is not?
  • Case study of how our product solved this problem

Start writing or hire a copywriter

For this particular guide, I combined a copywriter’s skills with internal resources. I knew I did not have the time to do all the research involved to write the paper but I also knew that we had to add our side to validate certain points (especially our predictions for the future). It’s up to you how you want to approach it but you can hire some great writers for very cheap money.

Edit and lay it out

Once we had the paper back from the copywriter, we edited it so it sounded like it came from our company. We then added more verbiage based on our experiences and point of view. As a final step, we worked with internal designers to lay out the paper in a fun, easy to digest manner. Keeping in mind our target audience of e-commerce professionals, we knew the design was an important consideration and we could have a bit of fun with it (may be different if you are targeting bankers for example).

Now go promote your whitepaper! See link in first paragraph for some ideas :)

 

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Do We Need Another Energy Drink?

A close friend of mine keeps getting wrapped up in what I would deem pyramid schemes. First it was a mobile service provider that paid you each time you got someone to sign-up, and even more if that person got someone else to sign-up etc. etc. This time it’s the latest, greatest energy drink and wait for it, wait for it…this one is very safe and entirely natural. Just good wholehearted energy to keep you going.

I’m not going to get into the whole pyramid scheme thing, but I would like to ask the question I have. Do we need another energy drink? Do we need another mobile service provider? At what point in the product development process do you stop and tell yourself that the market is completely saturated? What about as a potential sales opportunity to earn yourself a paycheck? Does it enter your mind that the market is capped and there is a major uphill battle in front of you to get attention for longer than your free samples will last?

This doesn’t make sense to me. Instead of another energy drink or mobile service provider, why not spend the time to think a of another way to solve the problem? If you want an energy drink, chances are you already found one that fits your needs and if you don’t like energy drinks, chances are a new one is not going to sway you. Energy bars are done, energy gum is done. If your passion is to help people have more energy, what can you provide that is not already being done to death?

Stop focusing on how to enter a saturated market with yet another product and focus on delivering a solution to a problem in a new way. Your intent to add a new product insinuates that you think there is a gap so solve it. But adding yet another can to a full shelf is not going to let anyone know that your product is different.

If they are already skipping that aisle, you have done nothing new to persuade them not to.

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What’s Next for The Content Cocktail

About a month or so ago, I signed up for Stan Smith, author of Pushing Social’s Blog Review. It was probably the best $47 I have spent in awhile. (if you haven’t done it and you have a blog, I highly suggest you contact Stan today) Now while Stan didn’t praise my blog 100%, he gave me some great foresight into how I could make it better and I’m going to dedicate myself to doing just that.

I started this blog about a year ago after I got laid off. I knew that I loved content and inbound marketing and knew I had the knowledge and how-to’s that other marketers craved. I didn’t start The Content Cocktail to sell anything. I started it because I wanted to share what I know with the intent that you would either run with it or it would spark some unique ideas of your own.

We have come a long way baby!

As you all know, the field of content marketing is competitive. There are already numerous, highly acclaimed ‘voices’ in the industry who know it a lot more than I do, so what can I bring to the table? Today I am going to share with you some of my ideas and formulate some structure to this blog so that I am constantly providing value to you, my readers, because that is what I want to do.

Posts Based on Search Terms

I’m kicking this off with a post about how to do this for yourself. Without getting into it too heavily here, your search terms are a really cool and easy way to not only get ideas for content but to satisfy what people are searching for. So each week, I will have a post based on a search term that drove someone to my site.

Thirsty Thursday Video

You asked for it so you’re getting it; more video!! I want to do more video, I just need more structure around what the videos are and create a theme. Thirsty Thursday seems appropriate considering. :)

Unconventional Ways to Think About Creating Original Content

An idea I got from Stanford was how to think about my approach to content marketing. I clearly have a passion for it but I don’t want to replicate what is already being done – and being done very well I may add. Then I read this study today that shows the #1 problem marketers face is their inability to create original content. So each week I will dedicate a post to help you create original content and how to go about doing so.

How does this sound? Appreciate your feedback because you are the one I want to reach with this blog. Thanks for being here!

 

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Silos Are For Farmers

I just finished reading ‘Marketing in the Round’ by Gini Dietrich & Geoff Livingston and I just want to say first and foremost that this book was really a pleasure to read. It flowed seamlessly and I didn’t feel like I was reading a ‘business book’. The last time that happened for me was when I read ‘Content Rules’ on my vacation in Mexico (call me a dork, I don’t care ha!).

The idea of integration and truly creating and working within an organization in which each role is integral to the success of the next one is an idea in which we should all embrace.

What is marketing in the round?

Silos really are for farmers. The silo has a purpose on the farm and it’s an essential piece of success. Now silos in business are never good. What comes to mind when you think of a silo in the business sense? Maybe individual players instead of teams? Or even disjointed communications and mixed messages for consumers.

The concepts discussed in this book are not rocket science – you can adopt them and start practicing this methodology today! (there are even these awesome sections at the end of each chapter called ‘Exercises’ which give you everything you need to get started). The reason we are talking about integrated marketing and why this book is available is because it’s something we know needs to happen in order for us to reach success, we just don’t quite know how to get there.

New channels are emerging rapidly. Not that long ago we focused on fewer marketing strategies or tactics. We had fewer tools to navigate and track success. Not all the functions of the organization focused directly on lead generation and revenue contribution (I feel like public relations has evolved in this area the most). Now, we have to integrate. We have to speak the same language across all functions and work towards a common goal. We need to play the position that accentuates our greatest skills and we must all work together in the ’round’ to support and provide tangible benefits to the business.

This book will tell you why, show you how and give you the foundation to track your success.

Applying the concept to your role

You all know I have worked on marketing teams of all sizes so I found myself considering the framework for this book in each of these situations.

For someone who is the ‘marketing department’, you handle press relations, analyst relations, event management, email marketing, direct mail, CRM, lead generation, content marketing, social media, etc. etc. The idea of integrating, I would imagine, is harder to grasp because you are thinking ‘do I integrate with myself?’

Make it work: Think of the bigger picture even outside of marketing. How are you integrating with the product team and where the roadmap is going? How do you integrate with the finance team – are you providing them with the dashboards and information they require? If you are the ‘marketing department’, apply the concepts in this book across your entire organization.

For someone who is part of a small marketing department, you may handle lead generation which encompasses event management, email marketing, social media and vendor management. You don’t have quite as many balls to juggle as the ‘marketing department’ we just discussed, but your role is integral to others.

Make it work: You need to develop integrated campaigns with the product marketing group, marketing operations, PR and AR, website design and customer experience. How does what you are doing and focusing on play into what these groups are working on? Does it all dovetail together or is it disjointed?

For someone who works on a huge marketing team, you are extremely focused on one facet of marketing. I see this concepts in this book harder to apply here but the most essential. You may not even know who within the organization is responsible for what, let alone what they are currently working on.

Make it work: There needs to be support at the executive level here to make the ’round’ work. The executive responsible for each core aspect of the marketing organization and the company overall needs to be on the same page. Consider how information gets rolled up to these executives and how information is then rolled back down. Develop a common dashboard for activities and map out 6 or even 12 months of planning in advance. Try color coding different campaigns to see has disparate the groups are or how inline they are.

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Don’t Forget the ‘Marketing’ in Content Marketing

This is an excellent content post over at the Copyblogger site called ‘Content Marketing Checklist‘. One of the items that resonated with me was this idea of ‘don’t forget the “marketing” in content marketing’. So let’s discuss just that. When we are creating content and conceptualizing ideas for content, that is different from the marketing piece of it. It certainly will play into our overall strategy but let’s not think about the creation piece today. Let’s focus on what we are going to do with our content.

1. Define the goal

What is your goal for this particular piece of content? Is it lead generation? Awareness? Market leadership? Placement in a publication? Define your goal(s) for each piece of content before you do anything else. This will help set the stage for defining your audience and also deciding how much – if anything – you are going to spend on media placement and promotion.

2. Make sure there is an offer or connection to your product in every piece of content

With the exception of placement in a publication, I truly believe that every piece of content you publish should have some tie-back to your company and the solutions you provide to the market. This doesn’t have to be obvious and it doesn’t have to be smothered all over the thing, but it should be there somewhere. Couple things I have done is to place related case studies in the back of the content (whitepapers), offer links to related assets (blog posts) or insert related quotes and benchmarks (presentations). All of these examples enable me to provide a great piece of content but also leave the person with knowledge about my company.

3. Be consistent with your offers and messages across channels

Now I am not saying that you should be consistent with all your content here. What I am saying is that when you consider 1 piece of content, you should decide what your goal is related to that specific piece. Then, stay consistent across all channels. If you are promoting on pay-per-click or email campaigns or related websites, the offer and messaging should be consistent. It should look and feel and sound like the same offer from the same company.

4. Match the content to the audience

Now don’t go out and promote a whitepaper about IT service desks on a website like the Economist because I’m not sure you would resonate or get your return. Who is the audience of a whitepaper about IT service desks and who is the audience at the Economist? Match? If no, then do no pass go. Consider who is the audience for your content then define how you reach them – where do they hang out? where would they go to find this information? How do I put this paper in front of that audience?

5. Cross collaborate within your organization

What is your sales team up to? Could they use this content you have created? How dos it fit into the sales cycle? How does it fit into the upsell process? How does it fit into the customer experience your company delivers? Think of how you can market your content bot within your organization and also through other departments disbursement.

6. Take advantage of existing real estate

There are a few things I do each and every time a new piece of content is published; I update key strategic traffic areas with the new offer. A few ideas are product log-in screens, email signatures and CTA buttons on your website. All of these ideas don’t require much more than some simple artwork (you can use the cover image of your content too) and some help from the webmaster and product team. A quick easy way to use what you already have to market your content.

7. Setup a reporting system to track the success of each piece of content

No matter which path you choose to market your content, don’t ever forget the reporting aspect of it. I was just talking about adding the content to email signatures so if you do this, make sure you have a unique URL or are able to track traffic from email servers (you can usually see Outlook, Gmail etc. and get an idea that way). Go back to your goals and measure against them. Do you get the reach you wanted? How about leads generated? Did you hit the mark or miss it?

Does that help? Are you remembering the ‘marketing’ piece of content marketing? Don’t create and publish it and then just forget it. You should have a strategic marketing plan related to your content.

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Should Content Be Branded or Vendor Agnostic?

It’s an interesting question and I could go either way with this one (even though I preach constantly about brands not branding their content). Should your content be branded or vendor agnostic?

When we consider branded content, this would consist of:

- Case studies
- Product reviews
- Testimonials
- Product datasheets
- Product spec sheets
- Company PowerPoint decks
- Demo videos

Seeing the word ‘product’ here a lot right? Now while all of these forms of content are useful and genuinely helpful to customers and prospects, they are really selling something. A person needs to be really engaged with a brand or have raised their hand with a problem in order for any of these to be relevant. Sending one of these to someone in your first interaction is kind of like someone you meet for the first time at an event giving you their elevator pitch. Gross!

Now vendor agnostic content is a bit different because while it may be someone at your company that is writing and publishing the material, you are really not talking about your company at all. The purpose is to educate your audience on a topic you perceive yourself to be an expert at – and by ‘yourself’, I am talking about your brand/company. These would consist of:

- Best practices videos
- Whitepapers
- Analyst reports
- Webinars
- Blog posts
- eBooks
- Articles

What is right for you?

I don’t think the question is so much ‘what is right for you’ as it is ‘what is right for you right now and for this person’. Consider this for a moment. You need branded content and you need vendor agnostic content. You really cannot survive with one and not the other so don’t make that the question.

Make the question about the customer and where they are in the buying process and what is right for them at that moment.

Make the question about the medium and how you want to engage with an audience through a certain channel.

Make the question about your company goals – sell or convert?

Stop asking the ‘or’ question and start asking when.

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Content Marketers, Don’t Forget the People on the Phone

I saw this post last month that was entitled ‘Lead-gen by phone: the ultimate content marketing’ and aside from the title making me want to click and read it immediately, I started thinking about marketing and whether we consider phone conversations as part of the content mix at all. This plays in very nicely with my recent post asking whether inside sales should report up to sales or marketing (if you missed it, click here).

The article suggests that in situations that involve a ‘complex sale’, people need to be involved early on, not just the content. We have seen and heard too many times to count that the buyer is now in control. We setup scoring methodologies that tell us when they are ready for us to call them. Maybe this doesn’t work in all situations. It’s a good question to ask yourself.

Integrating Call Campaigns with Inbound

Consider what happens after someone becomes a contact record in your system. Do they get an email? Are they routed to a nurturing program? Perhaps they are scored based on demographics and what types of content they downloaded or viewed on your website? Where does the personal touch play into this?

Nurturing prospects works – I know this – but it doesn’t work by itself. When we think about a ‘complex sale’ there are often multiple stakeholders involved. If you are scoring and nurturing people, you could miss the big picture. A CFO, for example, may not download anything on your site but they do play a role in the decision process. Someone needs to make the connection because this person is not going to raise their hand.

Consider how you can integrate a call campaign into your inbound strategy. Does it make a difference if someone calls a lead that converted today vs. tomorrow? How about if they call them every day this week? The chances for a connection to be made increase with each attempt.

Aside from the time and day to call or even how long after they follow-up, ensure your team on the phone has what they need. Do they have a script? Are they familiar with the piece of content the prospect downloaded? Do they know enough about the industry and the challenges your target market has? Give them everything they need to succeed.

Knowing What Will Work For You

I will walk you through an exercise I performed at a former company. The patterns I discovered helped us convert more leads into demo appointments and ultimately closed more deals.

First, I ran an exportable report from my CRM into an Excel spreadsheet I could manipulate. I extracted all the people who had converted in one way or another over the last 3 months (length of time for our sales cycle).

Next, I mapped out what the touches were for each of those contacts. So, running down the y axis were all the contacts sorted by conversion date and running on the x axis, I had every day for the 90 day period. I put an x in each day corresponding with each contact when there was a touchpoint (call or email).

After I had done this, I highlighted each row where we had won the deal.

I noticed some interesting things. For this particular company, the touchpoints for a closed won deal were considerably different from those of a closed lost deal. For those we won, we were calling and emailing a lot more in a shorter period of time. For those we lost, we let them sit there for a while and then tried to connect.

I shared this report and analysis with my VP of Sales & Marketing at the time and he was shocked (and a little excited too). We then shared it with the CEO and after we had buy-in, we initiated a program for the inside sales team that ensured their cooperation (they wanted to close more business too).

This probably took me about 2 hours to complete but led to numerous closed won deals. I was happy that my leads were converting into revenue and sales was happy with their commissions. I encourage each of you to try this and see what the formula is for your company. I think you will be surprised.

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