Over the past couple years I have spent a considerable amount of time on the road meeting with customers to learn what they liked and didn’t like about LoopFuse. One of the more surprising discoveries for me is how many of these companies’ CEOs log into our product. Candidly, our product was never designed specifically for the CEO but rather for the marketing and sales teams. Primarily the CEOs are infatuated with the visibility provided by the real-time dashboards. It can be kind of hypnotic, like watching the stock ticker on CNBC because the dashboards automatically refresh themselves every few minutes (configurable). One of the executives I met with kept the LoopFuse dashboard running on his 2nd monitor throughout the day during large campaigns or major announcements to track the buzz generated throughout the day.
(more…)
Archive for the ‘Web Analytics’ Category
Marketing Automation for the CEO
Thursday, August 12th, 2010Tracking the Effectiveness of your Banner Ads
Tuesday, August 3rd, 2010I am only a few months into my new job here at LoopFuse, heading up their marketing team, and it has been full steam ahead with the exciting announcement of FreeView, the first and only free marketing automation solution. Being a previous user and advocate of LoopFuse, I found it easy to jump in feet first and start developing new marketing programs utilizing our own tool to create and track their successes.
As I continue to ramp up the marketing efforts here I wanted to share my experiences with everyone. Personally, I relate better to a product when I understand how I can use it to make my job easier on a daily basis. I am a marketing user just like you and I am going to discuss real-life use cases for using marketing automation in this post and future posts.
One of my first projects was to manage the launch of our new website and the messaging around it. The homepage was getting a makeover and one of the biggest changes was the addition of some scrolling banners. We wanted to get our audience’s attention with graphics that popped and content that was simple and to the point. Today we have four rotating banners.
Who is following your digital footprints?
Thursday, July 29th, 2010There is a natural trade-off that each of us makes everyday between convenience and privacy. You can drive through the toll booth and sit in line with everyone else waiting to deposit your anonymous quarters or you can drive through the SpeedPass lane at 80 MPH and have your wireless toll tag charge your credit card. For pragmatists, this decision is easy. But consider for a moment all of the information that has been generated about you and with whom that information may be shared.
Who (or more precisely which vehicle) was driving on which highway at what toll booth traveling in a given direction at an exact point in time. If the trip passes through multiple toll booths then a driver’s route, progress, and even his/her speed can be calculated. Applying analytical processes to all of the historical data for an individual allows us to generate a profile of the driver. For example, based on the time of day that the driver passes through certain tolls, educated guesses can be made about the location of his/her work. And remember, this data can be combined with the existing demographic data already on file to improve the accuracy of these guesses. For example, the driver’s home address is already on file for billing purposes. Using this home address services like Zillow.com can determine the cost of the home and therefore the driver’s likely household income. If that the driver goes through the airport toll road towards the airport on average twice a week and returns the next day and you might begin to suspect that this person works in sales or is an executive and travels extensively for short overnight trips to visit clients. With every data point collected this profile becomes more and more accurate; correcting false assumptions over time.
Of course, this kind of profiling can be used for many purposes, some mutually beneficial, some downright creepy. For example, the toll plaza could flash traffic warnings to you when you pass through based on your historical driving route. City planners could use the data to justify the installation of so-called “Lexus Lanes” based on segmentation of the income level of drivers on a particular highway. Or an unscrupulous individual could use this information to target homes for burglary when it appears the owner is out of town (remember the airport toll road). The possibilities are endless.
Online marketers are using a similar approach to profile their prospects in order to better measure level of interest and to segment and qualify prospects before handing them over to their sales department. Marketers who leverage this technology effectively can provide a more targeted and relevant evaluation and purchasing experience to prospects who truly show interest in their offerings and avoid annoying those who are “just browsing”.
Let’s review the kinds of information that marketers can collect online to build this profile:
Behavioral
The moment a visitor lands on my website, his/her browser is “tagged” with a unique ID that allows me to recognize him/her upon return visits to my site (or even across multiple websites depending on the situation). Now every click the visitor ever makes on my website(s) can be associated with his/her anonmyous profile.
Implicit
In addition to click stream data, the visitor’s web-browser shares certain information about his/her environment including his/her operating system, browser type, screen size (iPad anyone?), and IP-address.
Here is what YOUR browser is telling us about you:
3rd Party Data Enrichment
This IP-address can be used to help identify (with varying degrees of accuracy) both location and company affiliation of the visitor. The company affiliation is based on who actually owns the IP address assigned to the visitor’s machine. Consumers surfing from home will just show their ISP, but companies who are researching potential solutions from their corporate network will likely expose their company name just by viewing a webpage.
For example, this is what we have just learned from YOUR IP address :
Once a marketer is armed with a company name there are dozens of popular tools that can be used to enrich the data associated with that company including Google, Jigsaw, Hoovers, ZoomInfo, LinkedIn, etc. Also, location information can be used to personalize the web experience to highlight things that are geographically relevent to the visitor (relevant local events, locations near them, etc).
Demographic
Of course, the only way to get truly personal data is by trading something of value (whitepaper, free software, webinar, etc.) in exchange for unmasking the visitor’s anonymity. Every piece of data entered into a webform is linked to the prospect profile and is used in conjunction with the behavioral data and 3rd party data to construct a 360-degree view of that prospect that continually evolves as more data points are collected over time.
Email Interactions
Once the prospect is associated with an email address we send personalized email campaigns designed specifically for that prospect’s market segment and track every open, click, and forward of that email message by utilizing a combination of images and hyperlink rewriting.
The ease with which this data can be collected online and the power that marketing automation platforms like LoopFuse can provide to leverage this information creates an extremely compelling opportunity to move marketing from a “spray and pray” methodology to a highly targeted engagement model that treats each prospect as an individual. Of course, individual web surfers who are adamant about their anonymity must pay a “convenience tax” by disabling cookies in their browsers, disabling images in their email clients, using anonymous proxies for surfing, and using throw away email addresses when signing up for things. The same inconvenience tax that must be paid by sitting in line at a toll booth. Anonymity is not extinct online, but marketing automation technology has put it on the endangered species list.
LoopFuse OneView 3.26 Released!
Monday, June 21st, 2010Enhancements in this Release:
The Company Fuse Bar
The Company Dashboard now sports a nifty new feature, we’ve labeled the “Company Fuse Bar”. The Company Fuse Bar is meant to serve as a visual indicator of how your marketing efforts have penetrated a specific company. The key set of metrics used are WebPage visits, Email Campaign opens and clicks, CRM Leads and/or Contacts created, and Lead Capture forms submitted.
Company Dashboard Enhancements
Several new enhancements were made to the Company Dashboard, but aside from a general face-lift, you can now view all marketing touchpoints for a specific company: From Lead Capture Forms submitted to Email Marketing Campaigns opened and clicked…
Current users will see a new set of tabs along the top of the Company Dashboard page. Each of these tabs displays content and charts that focus on a specific set of marketing events or touchpoints your organization has had with a specific company. Read the Documentation
CRM Lead and Contact Reports with GeoIP
Two new reports were added that enrich the Reports Manager experience. These new reports display daily view of all Leads and/or Contacts created within the CRM. Additionally, we have added GeoIP information to these (and many other) reports.
Special thanks to our customers for submitting these and other feature requests via the LoopFuse Community!
The Future of Marketing Automation
Wednesday, June 16th, 2010Over the last couple of years, particularly in the marketing space, nothing has been hotter than the marketing automation space. The promise of doing more with less, speeding response times, and focusing sales efforts on the most likely prospects have held wide appeal during these lean times.
Looking to the future of the space, however, I think the near term promise is going to have less to do with the automation and more with the data capture. As digital begot social, and social continued to fuel the adoption of digital it cumulatively is changing the face of marketing.
When the current crop of marketing automation tools was built email marketing was pretty much the centerpiece of an online strategy. Connect an outbound email to eventual web site behavior and you really had something. Largely this really is no longer the case. Email is rapidly approaching extinction as an acquisition vehicle. Today you need more diversity in your mobile mix that equally represents web, search, email, display, social syndication, social engagement, and some cases mobile.
One of the most intriguing early features of marketing automation was the ability to spot and track the behavioral trends of customers. Steven Woods over at Eloqua did a great job of describing this in his book Digital Body Language. As digital volumes grow his perspective becomes more and more relevant. The challenge now lies in figuring out how to do this in the multi-channel, digital world.
The future of marketing, all marketing, lies in the ability to craft relevant offers to much smaller audiences. What will fuel this is the ability to capture integrated customer profiles that span all the relevant channels. Customers are sharing more data than ever before and the smart marketer will use that to inform their creative, improve their offers, and begin a dialog with their customer.
Make Marketing Intelligence Actionable
Thursday, February 11th, 2010And now the fifth way marketing automation provides job security for marketers from 5 Ways Marketing Automation Provides Job Security for Marketers. Below is the excerpt from the white paper:
“5. Make Marketing Intelligence Actionable
For most marketers, the challenge with channel proliferation is not a lack of data, but a lack of data integration. Disparate systems (email marketing, web analytics, landing page creation tools, digital asset management, and CRM) often fail to bring critical information together in one centralized location. Marketing automation tools should integrate with CRM solutions (e.g. Salesforce.com) to deliver a centralized source of multi-channel analytics for one version of the truth in simple, drill down dashboard reporting designed for marketers.
Website Analytics allow organizations to quickly assess website trends with accurate statistics covering a wide-range of metrics. This type of real-time insight is critical to marketers so they can identify areas of improvement and better tune the website to increase message response. Likewise, marketers can measure response and engagement by incorporating call to action website links in email campaigns.
It’s also important for marketers to track the success of their email campaigns, in real-time, to make adjustments or additions to a campaign based on user response. Marketing automation can provide comprehensive reporting across CRM and marketing tools, so marketers can see a complete picture of recipient activity, email bounces, bad email data, link activity, geographic breakdowns, as well as associated opportunity. Comprehensive reporting allows marketers to adequately judge the effect of marketing campaigns on real dollars.
Job Security Scorecard:
- Drill down reporting gives marketers the confidence to say “We have that information” instead of “I’m not sure” when the CFO or CEO ask for more granularity on trends in the data.
- Centralize prospect behavior across marketing channels. Marketing becomes an offensive asset in the organization. Rapidly adapt to changes in the market and streamline marketing campaign execution.
- Real-time dashboards standardize key metrics: funnel analysis, call-to-action, click-through rates, the number of qualified opportunities, website performance, and collateral downloads.”
Download a free copy of 5 Ways Marketing Automation Provides Job Security for Marketers
Track customer engagements and qualify the best leads for sales
Thursday, January 28th, 2010Last week, we released 5 Ways Marketing Automation Provides Job Security for Marketers, and we have received very positive feedback from B2B marketers. So, I’ve decided to share more sections of the white paper to help marketers be more effective within their organizations. Here is an excerpt of the first way marketing automation provides job security for marketers:
“1. Track customer engagements and qualify the best leads for sales:
The process of engaging with customers and prospects across one or more channels is complex, and marketers simply can not realistically build relevant, timely, personalized relationships with every prospect unless they can automate this engagement. Marketers need to realize, it’s not about the quantity of leads, rather it’s about quality of leads. Marketing automation can help marketers review their pipeline and find out the attributes of the best opportunities and then automate prospect nurturing so only the most qualified and educated prospects are passed to sales as “sales-ready” leads backed by qualified and verified data.
Marketing automation tools integrate email marketing, web analytics, landing page creation, and other marketing channels for a comprehensive account-by-account view of the customer engagement. By tracking the number of “sales-ready” leads that are passed to sales over time, marketers can literally demonstrate how effective marketing collateral has been at converting prospects into qualified opportunities. Marketers gain credibility with sales and executive stakeholders when they can demonstrate exactly how the marketing budget translated into top-line opportunities for the organization.
Job Security Scorecard:
- Identify the number of qualified opportunities that are passed from marketing to sales
- Real-time visibility into the sales pipeline for the C-suite, marketing, sales, finance, and operations”
Download a free copy of 5 Ways Marketing Automation Provides Job Security for Marketers





