How to Dominate your Space Online with Content Marketing

Friday, June 4th, 2010

Marketers creating original content to help their companies sell is not exactly a new idea, but the concept has decidedly shifted to the forefront of Internet marketing.

The growth of the Internet as the ultimate information source is the most obvious reason. But, look further and you can see how the predominance of search as the primary method of online navigation, the growing importance of social media as a referral and trust agent, and the fragmentation and declining reach of traditional media have created the perfect storm to leave content creation and promotion standing as the most valuable customer engagement tool available to anyone marketing online.

One of the most basic reasons content creation is so integral to effective search engine marketing is that high-quality, relevant content is essential to attract visitors on the Web. It’s also the key to persuading those very same visitors to take action – e.g. Make a purchase, sign up for a membership, request more information, etc.

The fuel for online lead generation

In fact, according to a recently published white paper by Frost & Sullivan, well-formulated content is the fuel needed to drive online lead generation engines for business-to-business marketers. The most effective way to keep the content engine pumping out leads, the paper says, is for the marketer to match their content to their customers’ varied personas and to the appropriate phase of the sales process. This creates the right environment to identify and communicate with “ideal” prospects by addressing their very real “pain points, motivators and validators”.

I couldn’t agree more with this view.  However, no matter how good the content, it has to be visible to be effective. There are abundant opportunities to create and promote content, particularly online, but it can be a very resource-intensive process. That’s why it’s critical to embark on your content marketing journey with a thoroughly considered strategy to guide you along your path.

Mapping the content

This map must clearly identify the business opportunities that can be addressed through a content approach and what types of content should be created to address those opportunities with specific client types. Following this logic – and borrowing some of the terminology from Frost & Sullivan and other sources – I’ve sketched out a simple content development matrix that shows how you can map specific types of content to the information needs of four very common business client personas and their stage in the buying cycle.

content marketing gap analysis

Figure 1: Creating a Content Gap Analysis can help determine what content is needed to assist in moving varying personas through each stage in the buying cycle

Another important aspect of your content strategy is determining who will do what to bring the content and its delivery to fruition. Like any effective strategy, a content plan is best executed when it involves a team of motivated players ready to perform their role to reach an agreed-upon goal.

With a content-driven lead generation program – It’s all about growing the business, after all – the team would be made up of marketing professionals leading the opportunity analysis, planning and promoting the content, subject matter experts providing the knowledge base, and a combination of technology and analytics professionals to track and measure the success of the combined effort. With everyone following the same game plan, a content marketing strategy can produce outstanding lead generation results and lay the foundation for a robust, ROI-driven conversion program.

In a future post, I’ll talk about what I believe are the integral pieces of a content marketing program, including marketing automation tools and specific measurement metrics and techniques. In other words, the stuff that works.


This post originally appeared on onedegree.ca

 

Managing Paid Search Campaigns on a Cost per Lead Basis

Friday, April 23rd, 2010

In the inbound marketing services side of our business, we get to review a lot of PPC (pay per click) campaigns to help prospective clients determine if we can achieve better results.

Even though I see it all the time, it never ceases to amaze me how many of the accounts we review seem to be focused on getting as many visitors as possible for the allotted PPC marketing budget. The bids are low and the keywords are loosely and broadly targeted, resulting in the showing of ads to a large number of untargeted visitors, thereby generating large numbers of low cost and low value visitors.

I shouldn’t be surprised, given what we see in the mainstream marketing media. A recent article in Direct Marketing described PPC marketing as a good way to “create awareness about a brand or the launch of new product by generating traffic to a website”. In the article the author was promoting CPA (cost per acquisition) campaigns as an effective alternative to PPC. This is a false dichotomy.

Paid Search Should be Focused on Cost Per Acquisition

PPC marketing campaigns that are intended for lead generation should be laser focused on cost per prospect, lead, opportunity and sale over any other metric. These metrics are the only true measures of value for a campaign that is focused on lead generation. Implementing tracking systems for accurate measures of these metrics is not necessarily easy, but it’s well worth the effort.

Creating targets for the cost per opportunity and sale and focusing on developing a laser targeted campaign that attracts exactly the right visitors (who are most likely to convert to a lead or sale) is a much more effective strategy for a B2B campaign. A monthly budget limit can still be used, but the number of leads generated will be far better than any campaign focused only on attracting cheap visitors. And if the organization has no problems related to inventory or fulfillment of the business (a surprisingly common problem) – it may well be determined that the budget should be increased based on success to scale as far as the search volume allows to deliver even more leads to the sales force.

Tracking Leads, Opportunities and Sales

It can be quite challenging to set up accurate tracking mechanisms to measure the cost of sales down to the campaign and keyword level, particularly in B2B markets with high value sales. Some of the problems include sales being closed offline, leads being delivered to partners or through a channel, multiple people in the purchasing decision, or even internal resistance to measurement where it’s perceived as a threat.

Even with these obstacles it’s still possible to implement detailed, closed loop tracking and measurement, and it must be done to run a PPC campaign profitably and competitively. It may take changes to the way leads, opportunities and sales are managed, but it’s well worth the effort.

  • Keith

    Amina,

    That’s a difficult question to answer because email marketing is typically about retaining existing customers or moving new prospects through the sales process while telemarketing is typically used for generating new prospects.
    Lead generation using email marketing usually means one of two things:

    1) Email prospecting: Sponsored advertising piggybacking on the broadcasts of other organizations, or *gasp* sending unsolicited mail

    2) Marketing automation: Using automated email marketing to engage raw prospects generated through other means until enough information is gathered to mark certain contacts as qualified leads, at which point they are ready to hand off to the sales team

    Both telemarketing and email prospecting for raw lead generation are usually quite inefficient and therefore have a high cost per qualified lead. By engaging prospects at the peak moment of their interest – through search – and then engaging with them through forms and landing pages followed up automatically with an email engagement campaign (all elements of marketing automation), you can generate very high quality leads very efficiently and cost effectively.

    When measuring the cost per lead from various sources it’s important to also assess the quality of the leads. You can measure quality by scoring fit, counting the opportunities generated, and/or totaling the sales generated. Leads cover the full gamut of quality and timing so if you simply measure cost per lead without considering quality you can easily be lead to believe that cheaper poor quality leads are a better deal than well timed, highly qualified leads that cost a little more.

  • free article marketing guide

    I loved this article.

  • Amina Panzella

    Does email marketing actually cost less than telemarketing in terms of generating leads?