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How to convert online visibility
into tangible leads and sales
Paul Thomas
Managing Director, Lead Forensics
Contents
n	 Why measuring online ROI is more important than ever
n	 Issues for Marketing
n	 Issues for Sales
n	 The BIG Issues
n	 Case Examples & Solutions
n	 Actionable Insights
n	 Q&A
Why measuring online ROI
is more important than ever
n	   The majority of B2B customer journeys involve
		   visiting a suppliers website
n	   The website has become the single most important
		   tool for B2B marketers
n	   More prospects than ever are visiting websites to
		   research, filter and qualify
Why measuring online ROI
is more important than ever




                                                    DIA
               PAI




                                                  ME
                   D   SEA




                                                 IAL
                          RC                                          AIL




                                             SOC
                              H                                    TM
 SEARC                                                       DI REC
OPTIMI H ENGI
       SATION NE

                                  YOUR WEBSITE
                                                   ADV
                                                       ERT
                                                          ISIN
                         PR                                    G
                 LIN   E
              ON
Why measuring online ROI
is more important than ever
n	Current economic climate has forced companies to place an even
	 greater emphasis on generating returns from online marketing
n	Online lead generation is seen as higher quality, well qualified
	and cost effective

      IDENTIFY                 CONVERT                CROSS-SELL

                          ONLINE CUSTOMERS
Why measuring online ROI
is more important than ever
n	Traditional B2B lead generation budgets are shifting online
n	Marketing Sherpa’s 2011 B2B Marketing Benchmark Report
	 highlighted that...

        65% of B2B marketers said they would
         be increasing budgets across online
                    (web, social media, SEO and PPC)
Issues for Marketing
n	Increased competition for share of traffic
		 Direct and indirect competitors
 ›
Issues for Marketing
n	How to increase
	 conversion 	to goal
	 ›	Turning web analytics
			 into 	actions to improve
			site performance
Issues for Marketing
n	High bounce rates
		 Balancing the desire for
   ›	
				 volume against quality
Issues for Sales
n	Longer sales cycle
		 ›	   Managing sales pipeline
				    visibility of individuals
				    already in your sales
				    cycle but not yet
				    converted
Issues for Sales
n	Cross-sell and up-sell
The BIG issues
n	Drive more ROI
n	Deliver a constant, if not better ROI
	 as competition increases
The BIG issues
n	Current analytics tells us the WHAT
		 but not the WHO
		 Reams of analysis available on
   ›	
				    WHAT is happening on the website
				    (i.e. visitor volume, page views,
				    click through rates, exit pages etc).
	 	›	   Difficult to identify WHO is
				    doing WHAT
Typical Analytics
                    Traffic




                              Increased Conversion

                Conversion
A Different Solution
                              Traffic

	
	




             Non enquirer’s             Non enquirer’s


                                                         Increased Conversion

                          Conversion
Case Example
LEADING RECRUITMENT CONSULTANCY
n	 Spending £36.5k per month on paid search and SEO
n	 Wanted to increase volume of leads
n	 Recently invested in a website redevelopment to increase conversion
n	 Needed to make ROI improvements immediately to impact sales
The Solution
LEADING RECRUITMENT CONSULTANCY
n	 Next generation analytics added to the website
n	 Increased visibility of actual businesses visiting the website
n	 Provided contact information, analysis on search terms used to find the site
	 and the pages viewed
n	 Client was able to make contact with organisations who had visited site but
	 not converted to enquiry
n	 The follow-up approach was tailored based on the pages the prospect
	 viewed (i.e. IT recruitment as opposed to Manufacturing recruitment)
n	 As a direct result, in just four months the client had generated 52 new business
	 appointments, 10 new clients, 14 roles and 2 placements delivering an ROI of 1:21.4
Case Example
LEADING HOTEL GROUP
n	 Previously getting 35% of leads from pay-per-click
n	 Increased competition resulted in reduced lead volume from Google coupled with
	 an increase in spend
n	 Wanted to identify a way of improving ROI from paid search to make it perform harder
The Solution
LEADING HOTEL GROUP
n	 Already using detailed analytic software, the client supplemented this with
	 Lead Forensics due to its ability to provide visitors’ business details
n	 Through the use of trigger reports, leads were passed directly to the internal
	 sales team to follow-up
n	 The enhanced visibility helped make the corporate site work harder in
	 generating leads which would otherwise not be found
n	 Despite the increased competition from paid search, the overall online
	 cost-per-acquisition decreased by 21%
Case Example
SPECIALISED MANUFACTURING
n	 Highly competitive
n	 Long-sales cycle (12mths+)
n	 Wanted to establish relationships with potential new clients prior to any
	 tenders being announced, increasing the sales pipeline
The Solution
SPECIALISED MANUFACTURING
n	 Lead Forensics gave greater visibility of businesses visiting the website,
	 how they got there and what they did on the site
n	 Through the client’s experience of decision maker, the client was able
	 to send through credentials to the businesses who had visited the site but
	 not enquired
n	 By following up these businesses, the client is able to foster relationships
	 and secure placement on tenders which may have otherwise been missed –
	 the client has seen an increase in sales pipeline by 25%
n	 As a direct result of the Lead Forensics information, the marketing team
	 were able to make changes to the website based on standard information
	 (page views, search terms etc).
Case Example
B2B SOFTWARE RESELLER
n	 Client had a significant lack of account management focus on their mid-tier clients
n	 Needed to be able to identify key contacts and understand their potential
	 requirements and generate additional business from them
The Solution
B2B SOFTWARE RESELLER
n	 As an existing Lead Forensics client already receiving new business leads,
	 it was identified that existing mid-tier customers were returning to the site
	 and viewing additional products they had not already bought
n	 With the ability to categorise first-time visitors as existing customers, the
	 analytics automatically triggers an email to the existing account manager
	 when client visits the site
n	 Information is provided on search terms and product pages viewed so the
	 account manager can make contact even if a sales enquiry was not
	 generated by the contact form
n	 Mid-tier existing customer sales have increased by 33% in the first six
	 months resulting in an ROI of 1:16.5
Actionable Insights

	 Prospect visitors who didn’t enquire
	 n	   Attempt follow-up (telemarketing)
	 n	   Tailor your sales approach
	 n	   Increase your pipeline of unique leads
	 n	   Provide marketing with additional intelligence to inform the
		     wider strategy
Actionable Insights

	 Existing customers who didn’t enquire
	   n	   Decide who will handle the lead internally
	   n	   Identify existing customer product interests
	   n	   Send a tailored email or call your customer immediately
	   n	   Segment your marketing communications to reduce wastage
Actionable Insights

	 Existing sales prospects not yet converted
	 n	 Automatic email to notify lead ‘owner’
	 n	 Send a tailored email or call your prospect immediately
	 n	 Attempt to close your prospect to deliver
Actionable Insights

	 Most importantly, keep ROI firmly on the agenda
	 n	   There are immediate opportunities to increase revenue
		     from your website
	 n	   Driving greater ROI from your site
	 n	   Making the most of all your traffic
Questions & Answers
Talk to us to arrange a demonstration:
Paul Thomas
Managing Director
Lead Forensics
0207 206 7293
thomasp@leadforensics.com
www.leadforensics.com

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Paul Thomas: How Lead Forensics turns anonymous website visitors into new business leads

  • 1. How to convert online visibility into tangible leads and sales Paul Thomas Managing Director, Lead Forensics
  • 2. Contents n Why measuring online ROI is more important than ever n Issues for Marketing n Issues for Sales n The BIG Issues n Case Examples & Solutions n Actionable Insights n Q&A
  • 3. Why measuring online ROI is more important than ever n The majority of B2B customer journeys involve visiting a suppliers website n The website has become the single most important tool for B2B marketers n More prospects than ever are visiting websites to research, filter and qualify
  • 4. Why measuring online ROI is more important than ever DIA PAI ME D SEA IAL RC AIL SOC H TM SEARC DI REC OPTIMI H ENGI SATION NE YOUR WEBSITE ADV ERT ISIN PR G LIN E ON
  • 5. Why measuring online ROI is more important than ever n Current economic climate has forced companies to place an even greater emphasis on generating returns from online marketing n Online lead generation is seen as higher quality, well qualified and cost effective IDENTIFY CONVERT CROSS-SELL ONLINE CUSTOMERS
  • 6. Why measuring online ROI is more important than ever n Traditional B2B lead generation budgets are shifting online n Marketing Sherpa’s 2011 B2B Marketing Benchmark Report highlighted that... 65% of B2B marketers said they would be increasing budgets across online (web, social media, SEO and PPC)
  • 7. Issues for Marketing n Increased competition for share of traffic Direct and indirect competitors ›
  • 8. Issues for Marketing n How to increase conversion to goal › Turning web analytics into actions to improve site performance
  • 9. Issues for Marketing n High bounce rates Balancing the desire for › volume against quality
  • 10. Issues for Sales n Longer sales cycle › Managing sales pipeline visibility of individuals already in your sales cycle but not yet converted
  • 12. The BIG issues n Drive more ROI n Deliver a constant, if not better ROI as competition increases
  • 13. The BIG issues n Current analytics tells us the WHAT but not the WHO Reams of analysis available on › WHAT is happening on the website (i.e. visitor volume, page views, click through rates, exit pages etc). › Difficult to identify WHO is doing WHAT
  • 14. Typical Analytics Traffic Increased Conversion Conversion
  • 15. A Different Solution Traffic Non enquirer’s Non enquirer’s Increased Conversion Conversion
  • 16. Case Example LEADING RECRUITMENT CONSULTANCY n Spending £36.5k per month on paid search and SEO n Wanted to increase volume of leads n Recently invested in a website redevelopment to increase conversion n Needed to make ROI improvements immediately to impact sales
  • 17. The Solution LEADING RECRUITMENT CONSULTANCY n Next generation analytics added to the website n Increased visibility of actual businesses visiting the website n Provided contact information, analysis on search terms used to find the site and the pages viewed n Client was able to make contact with organisations who had visited site but not converted to enquiry n The follow-up approach was tailored based on the pages the prospect viewed (i.e. IT recruitment as opposed to Manufacturing recruitment) n As a direct result, in just four months the client had generated 52 new business appointments, 10 new clients, 14 roles and 2 placements delivering an ROI of 1:21.4
  • 18. Case Example LEADING HOTEL GROUP n Previously getting 35% of leads from pay-per-click n Increased competition resulted in reduced lead volume from Google coupled with an increase in spend n Wanted to identify a way of improving ROI from paid search to make it perform harder
  • 19. The Solution LEADING HOTEL GROUP n Already using detailed analytic software, the client supplemented this with Lead Forensics due to its ability to provide visitors’ business details n Through the use of trigger reports, leads were passed directly to the internal sales team to follow-up n The enhanced visibility helped make the corporate site work harder in generating leads which would otherwise not be found n Despite the increased competition from paid search, the overall online cost-per-acquisition decreased by 21%
  • 20. Case Example SPECIALISED MANUFACTURING n Highly competitive n Long-sales cycle (12mths+) n Wanted to establish relationships with potential new clients prior to any tenders being announced, increasing the sales pipeline
  • 21. The Solution SPECIALISED MANUFACTURING n Lead Forensics gave greater visibility of businesses visiting the website, how they got there and what they did on the site n Through the client’s experience of decision maker, the client was able to send through credentials to the businesses who had visited the site but not enquired n By following up these businesses, the client is able to foster relationships and secure placement on tenders which may have otherwise been missed – the client has seen an increase in sales pipeline by 25% n As a direct result of the Lead Forensics information, the marketing team were able to make changes to the website based on standard information (page views, search terms etc).
  • 22. Case Example B2B SOFTWARE RESELLER n Client had a significant lack of account management focus on their mid-tier clients n Needed to be able to identify key contacts and understand their potential requirements and generate additional business from them
  • 23. The Solution B2B SOFTWARE RESELLER n As an existing Lead Forensics client already receiving new business leads, it was identified that existing mid-tier customers were returning to the site and viewing additional products they had not already bought n With the ability to categorise first-time visitors as existing customers, the analytics automatically triggers an email to the existing account manager when client visits the site n Information is provided on search terms and product pages viewed so the account manager can make contact even if a sales enquiry was not generated by the contact form n Mid-tier existing customer sales have increased by 33% in the first six months resulting in an ROI of 1:16.5
  • 24. Actionable Insights Prospect visitors who didn’t enquire n Attempt follow-up (telemarketing) n Tailor your sales approach n Increase your pipeline of unique leads n Provide marketing with additional intelligence to inform the wider strategy
  • 25. Actionable Insights Existing customers who didn’t enquire n Decide who will handle the lead internally n Identify existing customer product interests n Send a tailored email or call your customer immediately n Segment your marketing communications to reduce wastage
  • 26. Actionable Insights Existing sales prospects not yet converted n Automatic email to notify lead ‘owner’ n Send a tailored email or call your prospect immediately n Attempt to close your prospect to deliver
  • 27. Actionable Insights Most importantly, keep ROI firmly on the agenda n There are immediate opportunities to increase revenue from your website n Driving greater ROI from your site n Making the most of all your traffic
  • 28. Questions & Answers Talk to us to arrange a demonstration: Paul Thomas Managing Director Lead Forensics 0207 206 7293 thomasp@leadforensics.com www.leadforensics.com