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Included in this article Upgrade Overview Changes Inside Marketo UI Customer Action Analytics Reports Release Schedule Under the Hood Upgrade Overview Marketo is upgrading the way that anonymous records get promoted to known leads. This upgrade will allow Marketo to track larger volumes of anonymous web activity without needing to create anonymous lead records, freeing up system resources to be used elsewhere. Anonymous lead records will no longer be created, but when a lead takes action to become known (filling out a form, clicking a link in an email), the previously anonymous web activity will then be pulled into the new known lead record. Changes Inside Marketo UI Anonymous leads will no longer be created, so there won’t be any need for Marketo to reference them. The “Is Anonymous” filter will be removed as an available filter to be added in Smart Lists, Smart Campaigns and Reports. Lead Grids like the Leads tab of Smart Lists will not show any anonymous leads. The Lead Database home dashboard will be upgraded to show more useful details like the number of Marketable Contacts and Top Lead Sources For more specific information, please visit the UI Changes documentation here. Customer Action The main action customers will need to take will be to remove the “Is Anonymous” filter from any place it is currently in use. Instance Notifications will give direct links to all places where the “Is Anonymous” filter is being used. For more detailed information, please visit the Customer Action documentation here. Analytics Reports The “Is Anonymous” filter won’t be able to be used in Analytics reports. Anonymous web activity will still be able to be tracked and reported on. For additional details about this, please visit the Analytics Report documentation here. Release Schedule           Winter Q1 Release: February 3 rd —5 th . UI changes made, anonymous leads become inaccessible. Post Winter Q1 Release – Staggered rolling release. This process will take months to complete. Back end rollout of lead promotion changes, Analytics reports and Munchkin upgrades occur For more specific details, please visit the Release Schedule documentation here. Under The Hood Anonymous Web Activity will be logged to the lead record after the lead becomes known. Active triggered campaigns will be processed when the lead becomes known, but some flow steps will not be processed. Secondary campaigns (campaigns triggered off of activities performed by the campaigns triggered by the lead promotion) will not be triggered. “Is Anonymous” filters still in use and set to Is Anonymous=True will return zero leads. For more technical details, please visit the Under The Hood documentation here.
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Today, we’re continuing our inspiring “Ask the CMO” series with Mashable with the following Q&A with Lara Hood Balazs, SVP, head of North America marketing at Visa. I remember the first time I met Lara; I was inspired because she was not only talking about some of the same organization and structure challenges that were most on my mind, but she was actually doing something about them. As a result, Lara was a central thought leader in the piece we did with HBR on the org of the future. Not surprisingly, in this interview she provides some interesting insights about not only how we market in this new digital era, but what teams and marketers must look like to be successful. I particularly loved her Swiss army knife reference, which you’ll find below. In addition to the organization commentary, the other theme that I loved has to do with Lara’s thoughts on innovation. Innovation is critical not just for marketers in this fast-paced world, but for companies themselves. When you think of a company like Visa that is so successful and has existed for decades, you could be forgiven for thinking that they were comfortable and slow to change.  But, reading below, you realize that Visa isn’t standing still – they’re moving as fast, if not faster than everyone else in their space. Think about it; you can’t watch TV these days without seeing ads and news about new payment options and brands. In a static world, a company like Visa could find themselves being unseated by new technology. Instead – and I love this comment – Lara points out that Visa is, at its core, a technology company. As a result it is looking to disrupt some of its own models and drive its own innovation in order to stay ahead of the curve (Read below to hear some of Lara’s hints about their first direct to consumer product). We’re certainly living in exciting times! The following interview originally appeared on Mashable. The credit card and payment space is in flux. Consumers want the newest technology and the most efficient shopping experience, merchants seek more seamless checkouts and both parties demand increased data security. It's in this frenzied state that Visa is innovating like never before, reminding us that first and foremost, it's a technology company. What consumer insights do Visa's game-changing payment solutions, like Visa Checkout and Apple and Android Pay with Visa, come from? We spoke with Lara Hood Balazs, SVP, head of North America marketing at Visa, and asked her how the company remains a technology company, what it does to prepare for shopping monsoons like Black Friday and how it keeps its heritage taglines fresh and relevant. Q&A With Visa's SVP of North American Marketing, Lara Hood 1. If you could give one piece of advice to your younger self that pertains to your career in marketing, what would it be? I would tell the younger Lara to not be afraid to take risks. When you are starting off in your career, you can have a tendency to be cautious because you think failures may affect your ability to advance. I've learned that taking risks allows you to learn and, therefore, become more knowledgeable in your craft. In fact, it is the risks I've taken that have contributed to my career progression. 2. What's the most unexpectedly important skill from your past that plays into your successes? I graduated from my undergraduate program into a recession. I was Phi Beta Kappa and magna cum laude, but I had a hard time finding a job! I knew I wanted to go into marketing, so I offered my time free of charge to Seattle’s iconic Pike Place Market, which was suffering from a decline in tourist visits. I delivered a program to drive local consumer visits. This gave me experience to get a "real" marketing job in a down economy. I learned that resilience, tenacity, passion and drive can never be underestimated. Today, I look for those traits in the people I hire. 3. What are the three biggest trends that you see in financial services marketing today? Innovation, innovation, innovation. The world of payments has never been more dynamic. Companies that you never thought would live in the world of payments are in the middle of some of the major changes in how people pay today and will pay tomorrow. If brands like Visa or startups like Venmo don't constantly innovate, they'll quickly be left behind. 4. Before joining Visa, you worked for two clothing/apparel companies. What experiences and lessons from those industries did you bring to Visa? Visa is one of the best co-marketers in the world with partners and merchants. Having worked for a retail-driven businesses, I know what a retailer goes through and I have a deeper understanding of their world, needs and worries. It helps shape how I approach their business when partnering on any marketing campaign or activation. For example, we are in the midst of the holiday season, which is the peak season for both retailers and payments, so there are a lot of synergies. 5. Coming from those areas, financial services is a highly regulated industry. How do you challenge your marketing teams to create innovative campaigns while balancing the regulatory environment? Visa at its core is a technology company. We're innovative while we maniacally focus on offering our clients and consumers acceptance, convenience, ease and security. It is an "and" not an "or." 6. During the past year as SVP, head of North America marketing at Visa, you've shifted your marketing organization's structure to be more horizontal and project-based. Given the evolving skills needed to be successful in marketing, how do you approach attracting and retaining the right talent for this model? We are constantly looking for talent that we refer to as "human Swiss army knives." We look for people who thrive in the "grey" and can easily move between multiple work projects. These individuals tend to be the best team players and they get more job satisfaction because they become more exposed to different parts of the organization. This gives employees opportunities to build a larger skill set base. 7. To that end, how do you determine the most effective mix of advertising across all channels? In which channel are you seeing the greatest growth? When we work with our merchant partners, we are looking for the right campaign for the right audience on the right platform. We've committed over half of our media investment to social and digital these days. We still, however, see value in appointment television—specifically as it relates to sports. Our partnership with the NFL and Olympics provide a great audience for our brand and clients, both issuers and merchants. There are so many ways to reach consumers these days. We are always looking for the optimal way. For example, we recently produced a campaign for Chevron where they wanted to help educate consumers on how to use their mobile phone in order to pay at the pump. We created an entertaining and educational video with soccer star Carli Lloyd and put it out over social channels and on video screens on top of pumps at select stations. It was a great way to engage with their consumers in a meaningful way. 8. As you mentioned, Visa is a major player in the world of event sponsorships. How do you measure success and ROI from these activities? When it comes to events and sponsorships, it's all about standing up our brand, products and partners. As proud sponsors of the Olympics and the NFL, we have a global stage in the coming year in which to activate along with our issuers, merchants and partners. In fact, next year's Super Bowl 50 (already a landmark event given the tenure) is right in our backyard and in the heart of the tech sector. 9. Last year, Visa brought back (and expanded) the tagline "Everywhere you want to be." It's a long-running campaign. How does Visa keep it current across all channels, particularly mobile? "Everywhere you want to be" is more than a tagline for us; it's a mission statement. With Visa as a partner, merchants will be able to find your customers in the moment and at the moment. They will be able to grow their business and they won't have to even think about it. We use that lens with our campaigns the same way we approach any part of our business. 10. The holidays and Black Friday are upon us—and they're both important hallmarks of the payments technology industry. Describe the process for shaping your holiday marketing strategy. How will this year differ from 2014? We are in our sophomore year with our first direct-to-consumer product, Visa Checkout. Last year we had just gone to market, so this year we have new partners, returning merchants, more data and some interesting announcements in the queue that I can't reveal today. Some of the merchants we have recently signed up include Under Armour, Shutterfly, Taco Bell and United Airlines. Look for more as we get deeper into the season. 11. Busy shopping seasons and the holidays are also full of moments, which marketers love to seize. What key moments will Visa define and leverage this winter? How does Visa Checkout play into your approach? Our hero product for the holidays is Visa Checkout, whether on the desktop or via your mobile phone. We provide the security and simplicity that Visa has always stood for and consumers have grown to expect. Cyber Monday is still expected to be the biggest online shopping day, so expect us to leverage that moment. And we may have something up our sleeves for last minute shoppers! Stay tuned.
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Below is a list of items currently in 'The Lab.' Provide feedback and make suggestions. Simplify The Site Make it easier (for you) to find things on the site Expert Locator Find a Champion, Certified User or MUG near you The Nation Talks Watch a video and learn Digital Marketing concepts from your peers     
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Updated on December 30, 2015 To celebrate the New Year, we just launched the new designs -- and updated the ​ and ​ pages. In the next few days, we will update the other pages. Check them out. And keep providing your feedback in the Comments area. Thank you. Written on December 1, 2015 Thank you to everyone who commented and provided feedback on ​. Your ideas are very helpful and your participation in improving the site is appreciated. Based on your feedback we've come up with a few more mock ups and would love to hear from everyone and anyone on what you like, dislike or need to improve your findability and usability of Community. We've removed a lot of the widgets and clutter, and have only left a search box, recent activity so you can see what you post, and the categories so you can filter / find conversations quickly based on what you're looking for. The top CTAs are meant to get you quickly to the top 4 places we recommend you go in hopes to guide instead of confuse. Thank you in advance. Mock Up 1 Mock Up 2 Mock Up 3
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Great infographic provided by our partner LookBook HQ Nick Edouard​
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By: Jamie Lewis If you’re not tracking your website analytics, it’s time to step it up. Contrary to more traditional marketing channels, your website and web analytics are direct, specific, and measurable. So what exactly is website analytics? A good definition I often use is “The qualitative and quantitative analysis of your website and your competitors’ websites for the continuous optimization of business outcomes for all channels, both online and offline”. Essentially, you don’t need to use good ol’ faith any longer. Now you can use data to measure the things that drive revenue for your business. The benefits of robust website analytics include an increase in accountability within your organization, finding the best solutions faster, and delivering better business outcomes through enlightened decision making. Answer the Right Questions Let’s get started now. To begin, you need to start by tracking the most basic elements of activity on your site. 75% of the data you need is gathered just by placing a JavaScript code into the footer of your website. Simply place the code provided by a free service like Google Analytics or Yahoo Web Analytics or let a tag manager tool do this for you. Keep in mind this is just the start. Website analytics tools typically only help you answer the “What”: What are the top 10 pages visited? What are the top 10 products sold? What are the most popular downloads? While that’s a great start, to drive real improvement in revenue performance, you must be able to answer “Why”: Why did they go to those 10 pages? Should those have been the top 10 pages? Which ones should have been and why weren’t they? These questions are crucial to your business and a must-have for every digital marketer out there. To discover the “Why” of your website’s performance, implement these 5 processes: 1. Web Activity Analysis As we mentioned above, this will tell you what is happening on your website and can be provided to you quite easily through tools such as Google Analytics and Yahoo Web Analytics. The simple act of adding a tag to your website will give you access to a near limitless amount of visitor data. With it, you can better understand things such as what pages are working, what your visitors like and don’t like, where they come from, what time of day they visit, what pages or ads sent them to your site, and on and on and on. This will allow you to form hypotheses and draw conclusions that can shape your testing and web strategy—it’s wonderful! 2. Conversion Analysis Now that we understand what happened we also need to know how much and for whom. This is where we tie the web activity to online and offline conversions. We can continue to get all of our online conversion data from Google Analytics Yahoo Web Analytics, but offline data can be a little more of a challenge. A complete marketing automation solution can solve this problem by integrating with different CRMs and rolling the offline conversion data back into your marketing database. However you accomplish this, tie your digital marketing efforts to both the online and offline revenue data. 3. Customer Preference Analysis You should hear the voice of your customers loud and clear when performing your analysis. In fact, every web marketer should be able to answer three key questions about their visitors. “Why are you here?”, “Did you get what you came for?”, “If not, why?” The answers will provide insights about your customers and your website. You may find out that they are coming to you for things you never dreamed of. Only after you understand their reasons will you be able to better serve them and drive more revenue for your business. Answering these questions is typically accomplished by providing a survey for a small percentage visitors in two formats: Site-level surveys: for measuring session experience. These are done upon entrance or exit and are usually a pop-up. Site-level surveys are very good at understanding macro issues—big things that might be wrong such as experience, navigation elements, and overall effectiveness of site. Page-level surveys: for measuring micro issues. These are usually part of specific pages and are typically opened with a “plus” sign. In page-level surveys, you gain information about micro conversions, transactional efficiency, and overall experience with individual pages on your website. 4. Experimentation and Testing This is a key step to understanding your website in terms of what is working and what is not. Only through experimentation and testing can you determine how to improve and optimize your website. Typical types of testing are A/B testing and multivariate testing. A/B testing swaps one page out for another to see which one works better and multivariate testing swaps out one or more components of a page to do the same. This will give your customers a say in how your website will work going forward because the results will be based precisely on their behavior. 5. Competitive Intelligence Understanding how your competitors are faring in the marketplace will provide bountiful insights for your business because it will provide context to measure your own performance. For example, do you know who their customers are, their demographics, and their lead sources? Do you know how many visitors they are getting, the duration of stay and bounce rate? The ability to understanding your competitors’ performance on the web versus your own is vital to your success in the internet economy. Right now you are probably saying to yourself, “But my competitors won’t give me their data!” You’re right, they won’t, but www.compete.com will. Go check it out—most of this data is available for free. By tracking these 5 simple metrics, you can execute a true website analysis and provide tangible value to your company, and I’m talking dollars here people. Have you already uncovered meaningful insights with the metrics above? I’d love to hear what you found in the comments below!
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We live in the age of the unicorn. No, not the mythical single-horned creature, but the age of the rapidly growing private company that is disrupting the status quo and receiving ‘billion-dollar’ valuations as their reward. While many have come to associate this new catch phrase with the valuation side of the equation, the more important part—to me—is the growth side of the equation.  These so-called unicorns are demonstrating what every young business—whether it is 15 people, 50, or 500—aspires to do: namely, they want togrow…and they want to win. Every industry and company has its own combination of factors that lead to its success. However, I thought it would be worthwhile to find out how these types businesses are using marketing, marketing automation technology, and customer engagement—to help fuel their growth. Over the next few months, we’ll be publishing interviews with the heads of marketing at several of these high-growth companies. Not only can we all learn something about how marketing helped to drive their business—but, I think there are some personal lessons in here as well. To kick it off, I spoke with Matt Epstein, vice president of marketing at human resources software company Zenefits. As someone who grew his marketing team from the ground up (and adopted Marketo as a foundational element, I might add), Matt’s insights into what companies need to do to jumpstart growth through marketing were simple, powerful, and enlightening. Enjoy the conversation below, and look out for more insights from industry leaders on how marketing has led them to success in this Marketing First world. Zenefits At A Glance: Year Founded: 2013 Size of Marketing Team: 18 Marketing Stack Components: CRM, Marketing Automation, Data Analytics, Google applications for day-to-day Number One Reason for Choosing Marketing Automation: Scalability, efficiency, ability to quickly A/B test en-masse Q & A: 1. As Zenefits employee number one, you’ve been involved in the company’s growth from the very beginning. How does your approach marketing strategy today differ from when you started? There are three things that have changed the most for me personally. The first was the shift to being a data-centric organization. I went from basically operating on zero data—making decisions with a finger in the wind—to a job that is 50 percent about data. A large part of my role that has transformed is establishing a solid reporting structure, from making sure we’re hitting our lead goals to most importantly making sure we’re acquiring customers profitably. We spent 12 months creating an attribution model for all of our campaigns—from email to paid media to content—that we report on on a weekly basis. This is something I’m very proud of. It’s not an easy thing to do, especially in marketing where you have so many channels. Second thing is the shift to full-funnel campaigns. When I started, I was setting fireworks off right and left with no rhyme or reason. I would just wake up and say, “What can I do today to drive business?” Now we send an email that’s followed by a handwritten note, that’s followed up by a Twilio call, that’s followed up by a targeted YouTube ad, etc. The one thing about marketing is that it’s all about touches. It’s about connecting all of these separate campaigns—and obviously automation plays a large part of it—and finding a way to hit everyone in as consolidated a timeline as possible with the same message. It’s not easy, but it’s where things are starting to shift. The third thing is optimizing for revenue. This may not be breaking news for most CMOs, but for me, shifting an organization to only think about revenue means that if you’re producing a piece of content, don’t look at how many leads you get, don’t look at how many demos you get, don’t look at how many opportunities you get—you should be cutting the cord or pouring more gasoline on the fire based off what revenue came in. What’s interesting about looking at revenue and not any of the other numbers is that it forces you to backtrack in the funnel and figure out where things went wrong. So now in everything we do, we start with the revenue number and nothing else. 2. Within your marketing automation platform—which you talked about—what have been the capabilities that were essential to drive that growth? The thing beyond Marketo that makes automation possible, which for us has been essential for growth, is the structured data. Your automation is only as good as your data. We’ve invested a ton of resources into keeping our database clean. For our sales people, we have very rigorous rules that make sure when they speak to someone the fields are marked correctly. We closely track field updates—if you got off a call and there’s nothing updated, we know you’re not doing your job. This is essential for scoring on the prospecting side. Are you reaching out to the right people at the right time? This is every day now in marketing, but it was a new concept not too long ago. At the end of the day, if you have bad data, you’re going to have bad automation, both for your prospects and for your customers. 3. One of the biggest problems that high-growth companies face is the ability to scale. Within marketing, how have you kept your customer interactions effective and genuine as you’ve expanded? We do a lot of events. I believe events are one big opportunity to convince customers that a company’s view of the world is the right view. It makes the audience into evangelists, not users, because they believe in your mission and want to help you accomplish that mission. This makes customer events hugely impactful. We also do a newsletter, which, again, is something that is status quo now. We keep it short, and our criteria for a newsletter are, of the three articles in there, did one actually help you? Did you learn something new that actually makes your business better? We are disrupting the brokerage industry, which is one of the last offline, very high-touch industries in the business world. We’re replacing people that take their customers out to lunch every day. This is our opportunity through Marketo to at-masse act as our customers’ trusted advisor. The third thing is that we created a program called Zenefits Important People where we nurture a list of hundreds of customers as a pool of evangelists to make sure they are in line with our vision and that they know what’s going on in the company. This connection is essential because they’re the ones out selling Zenefits, and it is essential to have their buy-in and support. The fourth thing is that our CEO Parker Conrad and I directly respond to customers and tweets, hop on sales calls, and work the support lines over holiday break. I think it’s very easy to lose touch with your customers. In fact, something I recommend all CMOs do is close at least one deal per year, especially if you’re a transactional company. At the end of the day, if you’re a marketer, you’re essentially a sales person. As soon as you stop hopping on calls and learning about customer pain points and convincing them you can solve them, your messaging will be off base. 4. You have 10,000+ customers—does marketing automation still primarily drive customer acquisition or are you using it to support goals like retention, upsell, etc.? What else are you driving through automation? I’m incredibly passionate about helping our customers succeed. What’s been most interesting for me both in Marketo and in the category of automation itself is that I always assumed that the neatest things you could do were around demand generation. I think the untapped opportunity is retention and support. A lot of companies manually look through a list of people who have not been reached out to in three months. Automating that process is not quite Skynet or Terminator, but it is something that eliminates the admin work and allows you to put your focus on doing what it takes to make them happy. You can score prospects like you score customers, making it incredibly complex through automation. Retention is the coolest part of automation because it’s so much cheaper to retain someone than to acquire them. It just makes sense. 5. Describe the marketing team’s relationship with sales. What was the biggest factor in aligning to the two areas of the business? Everywhere I’ve worked prior to Zenefits, it’s always been a very contentious relationship. That’s never happened here. I think it’s because from day one our VP of Sales Sam Blond and I have been on the same page focusing on revenue. This all goes back to measurement. If you know your KPIs and are able to dig down and report on them accurately, there’s really no debate to be had. Because we have good reporting, if the sales team didn’t hit their number, we can track it back to something like the win rate going down, which could track back directly to getting dinged on a review site, etc. At the end of the day, there’s one person who owns every number and they’re held accountable. We’ve never played the blame game, because at the end of the day it’s about revenue, and if the number’s down, you have to figure out how to fix it. 6. What advice would you give to companies looking to fuel growth through marketing? The top three for me would be one, to set big goals, the biggest goals you can possibly imagine, and don’t you dare put the word stretch before or after it. When Parker set a goal of going from one to 20 million, he forced me to think about it as if you had unlimited time or money. You only force yourself to do it if you’re forced to hit an incredibly aggressive goal. The second thing is what I did for the first year and a half was I would constantly go through the exercise of stack ranking all the growth tools available to me, from PPC to social media. I stack ranked them according to what is taking to 10X what I’m doing today, and then everything else was secondary. I would use three of these tools at once, and the second one showed a flicker to life, I would pour gasoline on it and grow the flame. People lose focus and try to do everything at once or one big thing at once, and I think the most thing is to always make sure you’re always doing two to three hypotheses at once, but not losing focus and getting distracted by all the shiny objects. The third would be don’t worry too much about automating, perfecting, and optimizing. We didn’t automate anything until over a year. One of my biggest things is if you release something and you’re happy with it, it means you took too long to do it. It’s all about just getting it out there and seeing if it works. If it works, then automate it.
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By: Michael Powers Posted: November 20, 2015 | Modern Marketing Ladies and gentlemen—stop everything you are doing. She. Is. Back. Today is the day we’ve all been waiting for (or at least I have). After three long years since her last musical masterpiece—the James Bond theme song for Skyfall—Adele is back. If you’re like me, you’ve been waiting in anticipation for the release of her new album, 25, which dropped worldwide today. While Adele has awed us with her consistent success—producing hit after hit—I was curious to see if her new album would rest on the same themes, ideas, and messages of her last successful album, 21. After years and years everyone (in my opinion) has been waiting for a teaser, which happened when “Hello” debuted as a television ad in early October. But some fans may have been slightly disappointed when watching the video for “Hello,” thinking…”Really? Another album about a break up or a man from her past?” But this thinking was shattered by a recent Rolling Stone interview with Adele: The lyrics sound like she’s addressing some long-lost ex, but she says it isn’t about any one person—and that she’s moved on from the heartbreaker who inspired 21. “If I were still writing about him, that’d be terrible,” she says. “‘Hello’ is as much about regrouping with myself, reconnecting with myself.” As for the line “hello from the other side”: “It sounds a bit morbid, like I’m dead,” she says. “But it’s actually just from the other side of becoming an adult, making it out alive from your late teens, early twenties.” Mind blown, right? Once again, Adele’s done it—blown the socks off of her audience. A reinvention, a whole new message, and not to mention a whole new (fantastic) look (in case you’re reading this, Adele). Alright I know what you’re thinking, how does this tie into marketing? My point is that we have seen Adele go through the rapid-growth, fast-success, early stages of her life, but we’re witnessing and participating in her transition into adulthood—a shift that has been expertly managed by Adele and her team, making her fans feel like a part of the change without alienating them. We get to see a whole new side of her, while still enjoying her power ballads. This translates directly into how companies manage growth and change. At a certain point in your company’s growth, there comes a time to reinvent your brand and bring your company to the next level. But to do this, it takes very careful and strategic planning to make sure that there isn’t a negative impact for your customers and that there aren’t negative connotations for your brand. So, to create a smooth, successful transition from a high-growth adolescent stage to mature adulthood like Adele, here are 3 things to consider: 1. Don’t Totally Reinvent the Wheel If you’ve noticed it’s time for a transformation, it means you’re paying attention to the perception of your brand in the industry. However, fight the urge to totally overhaul your brand. You have customers and fans who like you for who you are now, so start by determining which aspects of your product/service offering are the most successful. Then figure out what you need to take it to the next level. The smallest tweak or alteration could do it. Once you’ve made this change, now it’s time to work on your messaging—how are you effectively communicating this change? For Adele, this meant definitively stating in a Rolling Stone interview that her album is about growing up versus breaking up, and offering insight into her life. For you though, Rolling Stone might not be the best place. Determine the medium based on where you will best reach your audience and communicate your change there. When Yahoo revealed their new logo after a month-long marketing campaign, they first shared their news on Tumblr and gained a ton of organic traction from likes and reblogs. In a Tumblr post that followed, CEO Marissa Mayer stated, “We knew we wanted a logo that reflected Yahoo – whimsical, yet sophisticated. Modern and fresh, with a nod to our history. Having a human touch, personal. Proud.” Given Tumblr’s user demographics and the fact that Yahoo had just bought the social network earlier that year, Tumblr was the perfect channel for them to first announce the news because it aligned well with their vision. 2. Challenge Yourself As your brand transitions into the new phase you want to just continue to build on the success you’ve had in the past. However, your main goal here should really be to establish a higher credibility with your audience. This is going to take some fresh eyes, so bring in someone new to help with this. Whether that’s a new executive to work with the group, a consultant for a special project, or, in Adele’s case, adding a percussionist to her already fantastic band to keep 25 sounding fresh. You need someone in the group to identify and bring your mistakes to the surface; this will make you more successful with the transition. 3. Take Your Time The last thing you want to do is make this big change and have it be a huge flop. Develop a strategic plan for how you’re going to build this new brand, or elements of the brand, and test it. Use a consultant or test groups to test your messaging with your different personas. Once you’ve received feedback and made the proper alterations, build your roll-out strategy. Remember, Rome wasn’t built in a day. Even our lady Adele slowly released her new album one song at a time. (Wait, that seems familiar…do I sense a drip campaign?) Last year, Airbnb re-branded around the feeling of “belonging”. As reported by Bloomberg Business, Airbnb co-founder Joe Gebbia explained that they had grown so quickly since their founding that formal branding had initially been sidelined, so they collaborated with design firm DesignStudio to help them build a better brand. DesignStudio conducted in-field research, interviewing staff members and even dispatching a few of their own team members to stay with hosts in 13 cities across 4 continents, resulting in insightful stories and hours of video footage that all yielded the same message about the brand: No matter where you were on Airbnb globally, the one thing that’s consistent is belonging. From that, they reshaped their messaging around what they dubbed the Bélo: the universal symbol of belonging. Your dedication to the transformation and maturity of your brand will show the industry that you are here to stay—and this is true for both musicians and companies. This will be what sets you up for your next round of funding or your IPO, can help you break into new segments or, in Adele’s case, simply grow up in the public eye (easier said than done for celebrities). The important thing to remember is that as you break into new audiences, never forget where you came from. If it fits into your new business plan, you always want to make sure you’re still expanding on your original buyers or personas. To do this successfully, you need to hold on to your die-hard fans, as well as reinvigorate them with something fresh. Take me for instance, today I’ll be revisiting the #duchessadele hashtag I created around the time 21 was released. A poor attempt to have Adele be recognized by the royal family, but hey there’s still be hope! So as you take short breaks throughout the day today, spending 5 minutes each time to really absorb the message and experience of Adele’s new album, think to yourself: What were the stages of your company’s brand? Can you look back on the time when you were a young star on the rise or the time when you were singularly focused and it didn’t work? If that’s the case, ask yourself what you’re going to do to make the transition into your new adult brand.
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By: David Cain Marketers often believe that investing in analytics and digital marketing tools fully prepares them to compete in a data-driven world. These tools are built to quickly and simply helpmarketers translate data into actionable metrics. But in reality, that’s just half the battle. Keeping pace in the digital age also involves hard decisions about the setup of their marketing organization. But for too many companies, slowed down by old, corporate silos, that’s not going to be an easy transition. Marketing departments in the pre-internet and early-internet era created individual departments (sometimes in excess), which were based on functional expertise and often dedicated to specific channels, such as print, television, email, web and social. These departments were built in a time when companies believed that marketing controlled the customer in a linear process, pushing them methodically through their marketing ‘funnel’—from awareness to purchase and the various steps along the way. That approach worked historically, but the explosion of additional digital channels like mobile and social, and higher consumption across them scrambled the equation forever. The buying process nowadays is anything but linear. Think about the typical consumer’s day. They may start by doing something on one channel. But then later, they may interact with a brand again—this time on a different channel. If the brand is treating each channel as a silo, they won’t be able to have anything but a jumbled, disconnected conversation with their consumer. The new world requires constant company engagement with customers, supplying personalized and relevant information that offers value and informs their decisions wherever they are and whenever they are engaging with you. Shift To Support The Customer Journey This evolution to what we, at Marketo, call engagement marketing, is forcing marketers to move as quickly as their markets and their customers. The challenge to CMOs is to take a sledgehammer to their corporate silos and reimagine a new way to structure their marketing departments. We’re seeing successful CMOs transform traditional marketing silos and channel-focused roles into organizational structures that allow for greater focus on the customer journey as a whole. To be fully prepared for the digital age, your organization needs to be organized around your customer, and you need people who can listen and respond to your customers in a coordinated fashion. In action, this translates into the “hub and spoke” model, that Marketo’s CMO Sanjay Dholakia nicely explains. It’s an approach that features “centers of excellence” (think service bureaus but with a much greater strategic focus) that all of the company’s marketers can turn to when they need help. The shared service model that is at the core of centers of excellence helps teams think about and respond to your customer more collaboratively while also removing inefficiencies. The Value of Centers of Excellence The main building block is the creation of a centralized skills-based competency center,which we call the center of excellence (COE). There can be any number of them inside the company, embracing everything from content to marketing operations to design to events. Replacing the myriad decentralized functional groups that accumulated over the years, these centers of excellence provide a consistent and comprehensive set of services to other parts of the organization. No longer will different groups make arbitrary decisions about the same things. Now and forever, the left hand will know what the right hand is doing. What’s more, you’ll help light creative sparks. People working side by side can better brainstorm and, hopefully, come up with magic—the idea being that 1 plus 1 will equal 3. While this value-added has obvious and subtle benefits, it doesn’t change that people are creatures of habit. You’ll find that people inside your organization may take a while to adjust to the change. They may initially feel frustration that they don’t “own” the resources needed to accomplish their objectives. By definition, centralizing expertise in a COE means that expertise won’t live under the multiple silos. Still, that’s a small price for running a leaner, more nimble organization and eliminating potential duplicate efforts. Consider that the benefits outweigh the downsides. For example: Focus: You get like minds working together, often resulting in a team that pushes each other’s boundaries while focusing on the task at hand. Economies of scale: Better load balancing means you ultimately need fewer people to get more done. Collaboration: Your specialists are no longer laboring in isolation. The potential upside from peer-to-peer collaboration is limitless. Quality: You now can better enforce standards such as brand guidelines and style guides. Consistency across the organization saves time and fosters better quality output. Single voice: A single point of contact ensures a consistent message throughout the organization. The benefits gained from COE’s make organizations more flexible. As companies scale in size, this organizational arrangement makes increasing sense not only because it offers organizations the benefit of streamlined, creative, high-quality work, but because this structure best supports the true customer journey—one that’s dictated by the customer, at their own pace. Siloed teams can flex in their individual units, but without an understanding of the big picture, whereas a customer journey focused organization supported by COE’s can nimbly respond to the customer’s (changing) needs, throughout their journey, and across channels. Today, marketers must understand their customer and communicate with them with the right message at the right time, but it doesn’t end there. To be successful, today’s marketing leaders must not miss the critical step of structuring your organization to adapt quickly.
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I asked the ​ what they thought about and how it was helping them do their jobs and this is what they had to say! "This has already helped us share campaign success with not only other departments who have no access to Marketo but also with partners. Now they can receive in real-time (at the frequency they wish) the list of individuals who have registered to our joint-activities and who are coming from their sources. Less work for our field marketing team. More reactivity for the others." -  , Sr. Manager, Online Marketing Programs at Talend "Subscribe to smart lists is the antidote to all the 'can you please pull me that list again' requests that weigh down your to-do list. Smart lists are an incredibly powerful way of segmenting your database, and now the precious data they contain can reach the people who need them most with no manual effort! Three huzzahs for fewer tedious tasks and more automation." - Justin Norris, Sr. Consultant at Perkuto "Love the new automated Smartlist capabilities which we have begin to infuse into our clients' No Lead Left Behind programs. Now Sales and Marketing can receive daily digests of leads that provide intelligence into the lead lifecycle. Examples include daily leads that hit MQL, overdue MQLs and yesterday's demo registrants." - , President at RevEngineMarketing "At STANLEY, we market to each business vertical differently, and each member of our team is responsible for managing one or two of these verticals. The new smart list subscription functionality elevates our awareness of inbound lead gen for each of our verticals, and enables us to speak intelligently to our program’s general effectiveness before we even have a chance to run a report. Basically, it helps us know more, faster. Perhaps best of all, though, it strengthens our relationships with our sales leaders by opening up a constant channel of collaboration. We’re constantly tinkering, and are extremely excited to see how this new feature will help us streamline our reporting processes." - , Marketing Specialist at STANLEY Security "Subscribe to Smart List is SUCH a helpful feature for keeping colleagues aware of the current state of marketing campaigns. There have been so many times over the years that I've wanted this feature, I wish I could have voted for it hundreds of times myself. Whether it's keeping an up-to-date record of all registrants for an event, or a list of people that my team needs to take additional action on, this is a feature that I'm VERY excited to see live."  - , LeanData "With Subscribe to Smart Lists, I can say "yes" when my manager or Sales asks for a complex crosstab to be sent automatically to their inbox. This made my Marketo year!" - ​, Marketing Technologist and Consultant at Marketing Rockstar Guides "Our Marketing Automation team at CA Technologies is extremely excited to be able to leverage the new subscription capability for smart lists. Many times we have been asked if we could provide the detailed leads view with customized field columns to Marketing managers that work outside of Marketo and we are now able to accommodate those requests with minimal effort. This capability was released just in time for CA World and it’s makes our team look even more agile to have the ability to communicate actual registration details in an automated email to our broader Marketing teams for immediate C-level visibility. Being a global company we also appreciate that with this new feature Marketo has taken steps to protect prospect privacy as a link is provided to the subscriber to download the file within the automated email - as opposed to previous methods of attaching excel spreadsheets or having to upload the file to a protected online repository for access.”- ​  Director of Marketing Automation and Technology at CA Technologies   "I love this feature, it gives my clients the ability provide a level of reporting to their colleagues and bosses that they were not before able to automate. It is really useful for things like webinar/event registration and attendance, and sharing lead information.with those that do not have access to Marketo."  - Jason Hamilton, Sr. Marketo Consultant at Revenue Pulse "Subscribing to smartlists allows me to send very specific lead lists to the business. It also allows me to flag records which need our attention on a daily basis (e.g. for data quality)." , Global Marketing Operations Manager at Quintiq
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This was originally featured in Yahoo Finance. Marketo LaunchPoint adds over 150 partner solutions in third year, sees increase in number of applications utilized by customers. SAN MATEO, Calif., Nov. 16, 2015 /PRNewswire/ -- Marketo, Inc. (MKTO), the leading provider of engagement marketing software and solutions, today announced that LaunchPoint™, the company's ecosystem of third-party marketing solutions, has grown to 550 applications and services in just three years. LaunchPoint is the most complete ecosystem of best-of-breed solutions available for marketers and spans everything from analytics and big data to mobile, video, content, advertising, and social media. View photo . Thanks to Marketo's open platform approach, more than 150 partners have been added in the last year across all solution categories including paid media, predictive analytics, and social. Notable integrations include data management platforms (DMPs) and geolocation and chat applications. Additionally, Marketo saw an increase during 2015 in the number of partner applications being utilized by its customers. "To me, Marketo LaunchPoint has quickly become the go-to place for the best marketing technology tools. If a solution is not there, it probably doesn't exist," said Beki Scarbrough, VP, Global Integrated Marketing, CA Technologies.  "We know that what's in LaunchPoint will work with our tech stack, but equally important is the trust factor knowing that the solution is in Marketo's partner ecosystem." "It's been another extremely exciting year in terms of both the breadth and quality of solutions available through LaunchPoint," said Lou Pelosi, Sr. Director of LaunchPoint at Marketo. "Our open platform approach coupled with our extensive partner ecosystem continues to be one of the primary reasons why marketers choose Marketo to drive revenue when compared to other suite vendors." For partners, the LaunchPoint ecosystem offers the latest APIs, developer resources, and joint go-to-market opportunities, as well as access to the Marketo Marketing Nation®, an audience of 50,000 marketers sharing expertise and best practices. To learn more about LaunchPoint and how to build an effective marketing technology stack, please visit http://launchpoint.marketo.com. About Marketo Marketo (MKTO) provides the leading marketing software and solutions designed to help marketers master the art and science of digital marketing. Through a unique combination of innovation and expertise, Marketo is focused solely on helping marketers keep pace in an ever-changing digital world. Spanning today's digital, social, mobile and offline channels, Marketo's Engagement Marketing Platform powers a set of breakthrough marketing automation and marketing management applications to help marketers tackle all aspects of digital marketing from the planning and orchestration of marketing activities to the delivery of personalized interactions that can be optimized in real-time. Marketo's applications are known for their ease-of-use, and are complemented by the Marketing Nation®, a thriving network of more than 550 third-party solutions through our LaunchPoint® ecosystem and over 50,000 marketers who share and learn from each other to grow their collective marketing expertise. The result for modern marketers is unprecedented agility and superior results. Headquartered in San Mateo, CA with offices in Atlanta, Portland, Ore., Europe, Australia, and Japan, Marketo serves as a strategic marketing partner to approximately 4,300 large enterprises and fast-growing small companies across a wide variety of industries. For more information, visit www.marketo.com. Logo - http://photos.prnewswire.com/prnh/20070917/AQM011LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/marketo-launchpoint-ecosystem-growth-reflects-explosion-of-marketing-innovation-300179062.html
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In light of the tragic attacks in Paris on Friday night we send our thoughts and prayers to our French customers and all those affected. There are several ways you can help and get involved, starting with sharing your support in the comments of this thread. If you post elsewhere in Community be sure to use the tag #prayforparis​ If you'd like to get involved in other ways, Here's how you can help victims of the Paris terror attacks.
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Presentation on leveraging Demand Generation to build a great customer marketing program. Enjoy.
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Here is another of our great interviews from Marketo’s “Ask the CMO: Lessons Learned” series with Mashable. This week, Mashable sat down with David Roman, CMO of Lenovo. I loved reading this one because he hits on one of the biggest themes in marketing: change. Over the past few years, I’ve discussed this theme repeatedly on stage at events around the world; marketing has changed more in the last five years than it has in the last 500, and will change even more in the next five years. From its standing as a large, global organization, Lenovo is driving an incredible change in its brand and presence in market—but this topic is relevant regardless of a marketer’s company size or industry. All of us are trying to keep up with and drive change in all aspects of our craft, be it in the way we measure success, the way we reach new audiences, or in the way we carve a role for ourselves within the greater company. David speaks to all of these interesting change factors, including another one that has been near and dear to me for some time: marketing is fundamentally changing from “broadcasting” at an audience to engaging with them. Amen, right? I hope you enjoy the interview as much as I did and that it inspires you to drive change. The following interview originally appeared on Mashable. Chinese PC purveyor Lenovo isn't just in the PC business these days, nor is it perceived as exclusively a Chinese brand. Over the past few years, Lenovo has expanded not only its product offerings (including the much-hyped Magic Watch with projection capabilities), but also its global presence. Several key purchases along the way—including 2005's IBM PC buy, and 2014's Motorola acquisition—have helped cement Lenovo as a key global tech player. Now, number three in smartphones in addition to the world's leading maker of PCs, Lenovo has modernized its image to match its diverse offerings and reach. Via a 2015 rebrand spearheaded by CMO David Roman, Lenovo's logo was retooled, and a new palette of colors was introduced. This is just one of the many tactics Roman, who joined the team in 2010, has employed to craft the company's image and help the brand grow and redefine itself in the process. Roman took the time to chat with Mashable, delving into the marketing strategies that fuel Lenovo. We started with a look back at Roman's advice to his younger self, and the unexpected past experiences he deems vital to his success. Q&A with Lenovo's CMO, David Roman 1. If you could give one piece of advice to your younger self that pertains to your career in marketing, what would it be? I would tell myself to focus on simplicity in marketing and relentlessly stick with it. The minute you stray from it, get confused or start to doubt yourself, your message gets cloudy and you move further away from the most important part of what you're trying to market. 2. What's the most unexpectedly important skill from your past that you've found plays into your success? In Economics 101, we learned the principle of Ceteris Paribus, meaning "all else being equal." When looking at the effects of "laws" of economics, we make an assumption that all other variables will stay constant. In actual fact, they don't stay constant, but it helps us understand the variables we are studying. The lesson is that, when we want to do something truly disruptive and "game-changing," it's good to look at how we can change some of the variables that we would normally assume to be constant when we want to do something truly disruptive and "game-changing," it's good to look at how we can change some of the variables that we would normally assume to be constant. That taught me a different methodology to look for opportunities for what's going to change and be disruptive. 3. What are the three biggest trends that you see in tech marketing today? In the past, marketers broadcast to their audiences. Today, marketers engage with them, largely online. In both models, you have to know your audience—the people you really want to reach. The difference is control. In the traditional model, you craft the message and very carefully control how it reaches your target audience. Today, we give up that control and co-create our message with our best customers and let them help us tell the story. While engagement takes many shapes, we're focused on three: crowdsourcing, influencer partnerships and user-generated content. Crowdsourcing: Crowdsourcing is now a legitimate way to develop compelling creative. That wasn't the case several years ago, but now professionals are flocking to crowdsourcing platforms and communities, helping brands deliver unique programs in near real-time. Influencer partnerships: YouTube now outranks traditional TV programming for millennials seeking entertainment. This surge in popularity has created YouTube stars who are remarkably different from celebrity entertainers. These online legends have cultivated large, loyal fanbases who engage regularly with the hosts, giving feedback and ideas and participating in programming in a new way. We've worked with YouTuber Ryan Higa to integrate him and his show in an authentic way around our ihackedlife campaign, where we show users tips, tricks and hacks that make life easier — both with our devices and more generally. User-generated content: Technology and social media have changed the way we engage with consumers. Content is participatory, and users now drive campaigns with content they generate. A good example of this is our recent Hack the Logo campaign. After redesigning our logo, we invited fans to insert their best representations (photos and videos) of our brand attitude: never stand still. We got phenomenal results, and we showcased our fans' work at our booth at the IFA consumer electronics show in Berlin. 4. How do your dual headquarters (in the U.S. and China) affect how your marketing department is organized? What's changed in your time at Lenovo? Our company structure is a competitive advantage and allows us to create a global marketing framework that is flexible enough for regional teams to adapt to local tastes and preferences. While we have dual headquarters in Raleigh, North Carolina and Beijing, China, we truly are a global marketing organization with no geographic or time boundaries. We have a core part of our team in Raleigh with others all over the world. We work closely with other marketers from our regions (North America, Europe/Middle East and Africa, Latin America and Asia Pacific) as well as marketers from our three business groups. As we continue to grow, it becomes harder to coordinate across all functions, so we're establishing some centralized processes that will help us manage complexity and efficiency. 5. Lenovo used to be perceived as strictly a Chinese brand — how have you reshaped and redefined your image using marketing? How has data informed and tailored your strategy and brand story to different countries/regions? We have always viewed ourselves as a global brand since acquiring IBM's former PC business in 2005. Looking back 10 years later, we've made tremendous progress. We've launched our consumer business around the world. We've expanded beyond PCs—now Lenovo and Moto smartphones and servers—so more people are able to buy our products in more places. That's half the solution. We've had to transform from a solely business-to-business company to become both a B2B and a consumer brand. And along the way, we've integrated a number of mergers and acquisitions, bringing brands like Medion and NEC under the Lenovo fold. We've done this by defining the core of the Lenovo brand and appealing to the values that drive our customers. Simply put, our products help you get more done and make life more interesting—from our convertibles that flip and fold to our servers that store and process business critical data. Like us, our customers never stand still. They are constantly finding better, faster ways to do things. We think this fits extremely well with our DNA and engineers who relentlessly tinker to make each device incrementally better. We've used data extensively to better understand our customers. We used our brand tracker across 33 countries and 32,000 participants to track our growth in awareness and consideration across markets where we see strong correlation of increased investment in the brand with higher market share growth. Additionally, we embarked on a broad consumer segmentation study across eight countries with 24,000 participants to more deeply understand our target audience. We also created a social health index for analyzing our fans' engagement and sentiment on global social platforms. 6. How do you measure ROI? How has that changed over the last five years? When we think about ROI models, we break them into two types: short and long-term. Short-term ROI typically involves generating sales by acquiring leads, closing business, increasing margin, etc. This is pretty easy to calculate as the "return" happens shortly after the "investment." Long-term, strategic marketing used to build the brand or position a new category is more complex. Just look at our YOGA convertible. Totally different from other PCs on the shelf, we knew launching YOGA would be a strategic move that would help us define a new category and build a premium position. But, it may take much longer to get the return and we need a more complex and broader ROI model. While access to the many data points we have today helps us measure ROI, we must be careful not to constrain our actions by metrics that are too simplistic. The temptation may be to focus only on what we can measure easily and lose the balance between short and long-term investments. Either way, as marketing professionals it is key for us to determine the metrics used to measure the results of our proposed activities as part of our proposals. 7. In the PC world, brand loyalty is a strong factor, especially at the enterprise level where Lenovo is competing for big corporate accounts. How does Lenovo A) Keep longtime customers faithful, B) Convince new customers to make the jump to Lenovo products and C) Maintain a level of engagement after purchase? We have a successful track record for business customers in PCs because we listen to them and deliver high-quality products carefully designed to meet their needs. We spend a lot of time getting customer feedback through our customer advisory councils, and it's an iterative process as we're constantly fine-tuning a product for its successor. When we came out with the YOGA convertible, business customers told us they wanted a YOGA for business, so we created the ThinkPad YOGA, which borrows a lot of the same thinking of the consumer YOGA but with business-class features. In addition to industry-leading ratings for reliability, we provide a full array of service and support for commercial customers. We've continued to demonstrate better ROI over our competitors when it comes to total cost of ownership, from purchase to maintenance to disposal. 8. Over the last few years, Lenovo has really expanded its focus beyond PCs — to tablets, phones, even data centers and CIOs. How are you using marketing to build relationships outside of your sweet spot, and what's your biggest area for potential growth? We have a three-pronged strategy for balanced growth: PCs, smartphones and enterprise servers. PCs and smartphones are huge volume plays, and servers are highly profitable. In many countries like China, Russia, India and Brazil, smartphones are now driving the brand more than PCs, so we are prioritizing marketing investments in that business. Enterprise customers are different from consumers and our marketing reflects that. We use experiential tactics like events, workshops and tours to educate customers about those products. 9. Speaking of new relationships, let's talk influencers, like the NFL, Conan, Ashton Kutcher and more. Are these reflective of a bigger push into the B2C space? How do these activities benefit your enterprise business? At a global level, we like to engage with strategic partners like Ashton Kutcher where we are able to have a deep relationship. Ashton has been involved in all aspects of our products. He has created one of our most interesting products, the YOGA Tablet 2 Pro, a multimode tablet with a built-in projector, and he's been involved in marketing and promoting it. Using our global-local framework, our regions and countries have the flexibility to engage with spokespeople that make sense for their business. For example, the U.S. team has a partnership with the NFL, which helps engage with consumers as well as enterprise customers. 10. Change has been a common theme throughout this interview. To also end on this note, can you tell us a bit about Lenovo's new logo and color palette? What parts of the marketing department played a role in the change and did marketing insights play a part in instigating the change? Our new logo, and in fact our entire brand identity system, came directly out of a core customer insight: The world we all live in simply never stands still. It moves at an incredible pace, and every day it seems to pick up speed. Obstacles come at us from every direction and it's everything we can do to bob and weave to avoid them. Yet somehow, we each keep moving forward and making progress every day. As we move through this world, we actively seek out brands that seem to '"get" it. Brands that understand the dynamic nature of the world and are committed to helping us navigate it more effectively. The new Lenovo identity is designed very specifically to deliver on this never-stand-still philosophy. It's the reason we designed a logo with a containing shape. We wanted our logo to be able to constantly evolve, and to provide a dynamic window into the world in which it lives. The container is designed to hold an endless array of content—from colors to pictures to animations to film. So the logo on Lenovo.com in India during Divali will be very different from the logo on a social site in the UK during the World Cup. We've released the logo to our 60,000+ employees, and many of them are designing personal logos that give an insight into their specific world. And we're working with fans and artists to develop a very cool series of user-generated logos. Our color palette is simply an extension of this philosophy. Our former palette consisted of red, black and a few grays. Our new palette reflects the dynamic, colorful world that people live in, bringing in blue, green, orange and pink. This new identity development was lead by the Worldwide Marketing team. However, we shared its development early and often through a series of town halls with a broad range of Lenovo employees. In fact (and not surprisingly) some of our most insightful feedback came from a town hall with over 50 of our millennial employees.
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Stephanie Meyer is the woman behind GE Healthcare's successful marketing automation initiative. Here's how her team modernized and consolidated the company’s marketing tools. By modernizing and consolidating more than 100 marketing systems across the globe, Stephanie Meyer, head of marketing operations at GE Healthcare, and her team enabled the company to touch a total of $2 billion in potential revenue and yielded $600 million in new revenue last year. This initiative was part of a big renovation in marketing processes, role clarity, and organization improvements at GE Healthcare. Previously, the company had over 100 marketing tools across its seven regions: USCAN (U.S. and Canada), EU, China, Asia-Pacific, India, EAGM (the Eastern and Africa growth markets) and LATAM (Latin America). Such variety led to many challenges, including fragmentation and confusing hand-offs. "How the job was getting done required many processes, with each requiring different efforts. This led to redundancies, dropped balls, and inefficiency," Meyer says. According to Meyer, the modernization of marketing tools consists of three pillars: People: What talent does GE Healthcare need? How should the company train employees? Platforms: What global tools will support efficiency for GE Healthcare's marketing teams? Process: How can teams be effective at all points in the communication process? In mid-2013, Meyer and her team started integrating GE Healthcare's marketing tools around the globe, consolidating more than 100 systems into just three: Zinc Ahead, Salesforce, and Marketo. Previously, it took a few months for GE Healthcare to get approval on content. Now the company uses the medical compliance software, Zinc Ahead, to review and approve content, curtailing the process by 70 percent. GE Healthcare also uses marketing automation software from Salesforce and Marketo for consumer communication and consumer engagement. These platforms have helped GE Healthcare save time and resources, according to Meyer. Meyer and her team completed the integration in approximately 18 months. "I didn't sleep or have any social life. Project managing something of this size is the biggest challenge, next to getting people to accept the changes. You need very detail oriented leaders to run the cutover, and it's critical that they work to help gain acceptance for the change and [prove] the benefits," Meyer explains.She admits that her team made a few mistakes in the integration process. During the global roll-out of Marketo, her team focused too much on regional deployment instead of products. While GE Healthcare's region marketers are aligned to specific regions and oversee the commercialization of all products relating to their consumers, product marketers are responsible for the development of product-specific content that spans across all regions. When Meyer's team rolled out Marketo, they considered commercialization to be of primary importance, so put lots of effort into training and improving the skills of region marketers."In hindsight, we should have paralleled this training with the product marketers, because great content in this new ecosystem is of equal importance," Meyer notes. While she is very focused on advanced digital marketing tools, Meyers believes that people are more important than platforms. In her words, "Marketing is not B2B or BC2 anymore, it's B2Human." Marketers have to think about how to promote their products and services in a more human way and have control over their marketing platforms. For instance, when a brand has an email marketing tool, it can send a promotional email to a consumer a few times a day, but there's a fine line between connecting with consumers via email and spamming them."An organization should have a control mechanism in the process and say, 'We should not contact this consumer for more than X times in a week.' Don't be tempted by the platform's shininess - good governance will be a big win for you," Meyer says. Looking forward, good content is Meyer's next big push at GE Healthcare. In 2016, her team plans to train the company's marketers to think more holistically around consumers' buying cycles and ensure that GE Healthcare's content is based on insights. "It's really about looking at consumers' behavior and engaging in different ways. My marketers now have fabulous tools, but they don't have experience as content strategists. So for 2016, I need to work on making sure our marketers understand the difference between creating content and selling something," Meyer says. Marketing in the healthcare industry is more difficult than other industries, because some of the common marketing practices that have proven to be effective are strictly prohibited. Since marketing for healthcare products and services falls under a series of laws and regulations from a variety of enforcement agencies, GE Healthcare's digital channel strategy will remain less focused on social media. Instead, it will take advantage of email and other content distribution channels. By integrating and consolidating marketing automation systems, GE Healthcare is able to minimize its content cycle and has gained a great ROI. Given that GE Healthcare is an $18 billion revenue business, Meyer's team may still have a long way to go, but they are definitely headed in the right direction. The takeaways from GE Healthcare's marketing automation initiative are: Less is more. Don't put too many marketing tools in the arsenal. Effective marketing automation takes time and effort to implement and maintain for revenue growth. People are more important than platforms. While marketing automation provides efficiency, marketers should be careful about irrelevant automated messages. Remember that while advanced marketing tools provide helpful short-term solutions, quality original content is a long-term solution and should be the main goal. A good marketing strategy requires collaboration. If one doesn't have the right process for communicating with teammates, their marketing efforts will fall apart. ABOUT THE AUTHOR Yuyu Chen is a reporter at ClickZ. Her work has appeared in Local East Village, New York Daily News and Brooklyn Chamber of Commerce website. Yuyu received her M.A. in Business and Economic Reporting from New York University in May, 2013. Article originally appeared in ClickZ.
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Author: Chris Gillespie Fatigue can show up in a number of interesting ways and it’s up to both management and sales professionals to self-assess and realize when they’re overworking themselves. With my background in wilderness Search and Rescue, I liken this to going for a very long hike: You’d assume that by not stopping, you’d go faster and further. In reality, if you don’t take frequent breaks you’ll slow down to a crawl and then start making poor decisions. This is exactly how hundreds of people get lost in national parks every year and have to be rescued. The same exact principle is true in the workplace. If you are grinding yourself into the ground at your computer screen prospecting for twelve hours each day and not taking breaks, you’re going to do a very poor job. This can be tolerable for short stints, but as a salesperson, you really don’t have the luxury of redoing some things. You only get one shot at making a killer first impression. You only get one good discovery call. And you only get one presentation to the CEO. If you’re not performing optimally during these critical moments, your sales will suffer. Fatigue affects your performance in everything, but especially in sales: While it’s true that as a sales professional, you’re not at the helm of the Exxon Valdez oil tanker or the Chernobyl nuclear power plant, mistakes made when you’re tired can still be damaging to your career. The Canadian Organization of Health and Safety claims that the effects of fatigue are similar to being drunk: Reduced decision-making ability Increased errors in judgment Reduced communication skills Reduced reaction time Increased tendency for risk-taking (not the good kind, sales leaders) Irritability These effects kick in after the 9 th -12 th hour at the office and linger for days. In this state, you’ll make poor first impressions, retain less from your discovery calls, and get outmaneuvered in negotiations over and over again. You’ll address clients by the wrong name, miss obvious social cues that it’s time to stop talking, and get generally upset when prospects don’t do what you’d like them to do. Clients will avoid calls with you and your productivity will plummet. Your manager will be on your case to perform and you’ll get frustrated, compounding your problems.Keep this up for a sustained period and you’re going to make fewer sales and eventually start worrying about your job security. More importantly, the long-term effect of fatigue is burnout. Long hours at the office come at the expense of more than just sleep: it eats into your personal interests and your social life and deprives you of the inspiration to go to work in the first place. So how do you spot fatigue? Just look for bumbles, mumbles, and stumbles. This was our rule of thumb in Search and Rescue: When people start stumbling over rocks, mumbling their words, or just bumbling around with pointless repetitive actions, it’s your job, as a peer, to draw attention to it. Their brain and body are taxed and they’re not making great decisions. This is when hikers read the map upside-down and get themselves lost in the dark.In sales, this is when you misquote the customer by a full decimal point, put the wrong company logo on your slide deck, forget what you’re saying mid-sentence, and draw a complete blank on critical questions. Your clients will be incensed at your lack of thoughtfulness and in sales, perception is reality. You’re going to lose deals because you didn’t connect with people. And it’s up to you and your team to help keep each other out of this state. How can sales professionals avoid fatigue? Get eight hours of sleep. It’s simple but worth mentioning because while you already know this, you probably don’t do it. As a salesperson, you work long hours. You get in early and stay until the job is done. You’re especially unbalanced near the end of the month or quarter. There’s also generally pressure not to be the first person out of the office, which doesn’t help. Just know that no amount of coffee the next morning is going to make you the A-player that you otherwise would be, and your brain needs sleep to win those deals. The trick is to talk openly with your manager and team about what time is acceptable to leave the office. Maintain healthy outside interests. Maybe that actually is hiking. Maybe it’s the gym. Maybe it’s really heavy dubstep. Or dinner with friends. Whatever those things are, don’t deny yourself the fresh infusion of fun and excitement that will keep you balanced and motivated to tackle each day of work. I know many salespeople who never miss a day of the gym because they see a direct correlation to their performance. Find your thing, and find time to do it. For those reps on a monthly sales cycle, you may want to front-load these activities into the first three weeks of the month and accept that the fourth week is a work-heavy week. Don’t take work home with you. Let me ask you, how many times during this article have you checked your phone? As salespeople, we’re beyond addicted to notifications–we live for them. Do you ever find yourself checking your email, LinkedIn, phone, and then email in an infinite loop? I do. When these notifications follow you home, they prevent your brain from resetting. Do your best to designate no-phone times and turn off unnecessary notifications. Managers, tell your reps when it’s okay to go home. Research shows that employees that are forced to spend a fixed amount of time at work find ways to make that enjoyable by filling in the gaps with Facebook, Zynga, and ESPN. As a sales manager, create a culture where your sales reps manage their time wisely. Your goal is to help them sell and it’s in your best interest to guarantee that they’ll be on their A-game during those critical moments like break-up calls or negotiation. Otherwise, they’ll be left bumbling around like a tired hiker who’s slowly getting lost because he’s not thinking straight. As salespeople, it’s important to self-assess and understand that working smarter doesn’t mean running yourself ragged. It means getting a decent amount of sleep and prioritizing your key interests and hobbies. It means setting your phone down when you go home. And it means that the entire sales organization is working together to keep each other balanced so that you can each be your best self and go on closing deals and winning. Do you feel like you do a particularly good job of maintaining this balance? Share your story below.
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This post originally ran on ClickZ, November 4, 2015. If the CMO is supposed to foster customer relationships through personalized experiences and ultimately drive digital transformations, should the role of CDO even exist? While the intent behind the chief digital officer (CDO) role is right, the execution is wrong. A good chief marketing officer (CMO) should be responsible for driving digital transformation—not the CDO. Therefore, marketing leaders are required to step up their game. Every now and then, you run across business ideas that experts initially laud, that later ends in tears. (Does anyone remember business process reengineering?) As the nature of our world and our interactions has become more digital than ever before, companies are adding a newly created role of CDO to their executive masthead. It seems that this year, experts and firms around the world have increasingly been talking about the rise of the CDO. In fact, research from Gartner predicted that by the end of this year, 25 percent of organizations would have hired a CDO. Among other things, the CDO is supposed to drive their companies' digital presence as well as their digital consumer experiences. This is a bad idea. Some are absolutely thrilled by that prospect and contend that the CDO really ought to be the CMO of the future, but I beg to differ. I know this is provocative but the CDO, in title and role, just should not exist: the CMO is really the new CDO of the future. CMOs and marketers need to rise to the challenge of our new digital world and take control of the transformation in their organizations. As a recent Accenture study noted, it’s up to CMOs to prove they can serve as catalysts who can help embrace broader digital opportunities for their organizations while defending against threats. Digital: the new apple pie Chief executive officers (CEOs) now operate in a vastly different marketing landscape from what they faced just a few years ago. Everything used to be offline, but within a relative blink of time, every business has become – or is in the process of becoming—focused on digital. Digital is now as ubiquitous as “apple pie” American values. Even now, you can’t watch a TV ad without having it drive some digital action. Think about the broadcast ads enticing fans to sign up for fantasy sports leagues – there’s always an offer for a code to sign up online. This is an instant way to turn an analog experience into a digital one. Sure, the code is meant to identify when the company interacted with the consumer, in addition to what city the consumer lives in and even which team they were watching, but this also allows the company to have a more personal and relevant discussion with its audience. Brilliantly, this also makes large marketing investments—TV ads—directly measurable for the first time. So who can blame the CEO for feeling compelled to hire a CDO to help define a digital business strategy to make sense of it all? Like data, quality, collaboration, or people; digital is more than a universal good, it is a universal imperative. It is simply just that important. The wrong tool for the job The world of digital has changed forever how we think about brand engagement with customers, and engaging with customers at different digital interaction points is considered a good and necessary idea. There’s now an onus on companies to maintain an ongoing dialogue with customers on a personal and individual level, engaging with them over a lifetime. CEOs are aware of the imperative, and they’re clearly trying to solve the problem. Digital is core to every facet of customer interactions and relationships. Likewise, customers are the center of every business—without them, the business doesn’t exist. So, it would seem to follow that the champion for making a business digital should be an executive who has operational responsibility—and familiarity—with customer related processes and interaction points, right? But the superfluous addition of another executive function—one that, by definition, is distant from the customer relationship and doesn’t directly control the interaction points—is just not a good idea. This conversation must be directed by the CMO. If not, the result is just one more voice at the table that is disconnected from all of these places. As one expert at a leading analyst firm said to me, “It’s just a title that lacks definitional integrity." What isn’t digital? It’s like having a chief collaboration officer, a chief PowerPoint officer, or even a chief breathing officer—why put someone in charge of something that everything must own? Don’t get me wrong—I have many friends that carry the title of chief digital officer. They are smart, bright, talented people. However, the fact is that the CDO is fated to fade away. Even industry pundits readily state that success for a chief digital officer will be the fact that the title goes away or that their role is no longer needed. If we can see that end-state now, shouldn’t we all save ourselves the trouble, skip that step, and put the responsibility where it belongs? Calling all CMOs Sadly, CEOs feel that they can’t turn to CMOs for the solution. When Accenture asked C-Suite executives about who was responsible for driving their company’s digital strategy, only one percent answered that it was the CMO. That is a failure in the job function and a failure on our part as marketers. We’re at a pivotal point where marketers must grab the mantle of responsibility. A good CMO should be responsible for driving digital transformation—period. This is no longer one of things that CMO has to do: it is the thing that the CMO should do. So marketers—grab the brass ring! Go get smart, build your skills, build your org, assemble your technology, and take more responsibility. CEOs want marketers to own the entire customer relationship. In turn, you’ll be doing the right thing both for your career and your organizations.
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Author: Elaine Ip Halloween has come and gone, but the fright isn’t over just yet. With its passing grows a sense of panic among consumer marketers everywhere. We are now in the busiest selling season of the year, with advertisements hitting consumers left to right. From those eagerly anticipated holiday sales to Black Friday or Cyber Monday, consumers are receiving floods of communication every day. What will make your message stand out from the masses? Determining how to nurture your customers is a good start, but for your message to really catch their eye, you need to have compelling content. Follow these 4 guidelines to create content that resonates with your customers: 1. Trust is a Must Without any personal affiliations with your customer, your words (in this case, your content) are what they hold you to. And nothing speaks louder than words than your actions. Make sure that your marketing strategy and activities deliver on what you promise. If you offer them a coupon, fulfill it. If your customer asks to be unsubscribed from your mailing list, remove them. If you don’t, not only will it hurt your credibility, but you’ll start to see less engagement and, ultimately, less conversions. 2. Identify Your John and Jane Doe Understand who your target audience is so you can tailor your content to be relevant, interesting, and timed specifically for them. In this new digital age, customers share their information with you and in turn expect you to use it wisely. Use the data you’ve collected to properly segment and target your audience in order to build trust and relevance. Given the upcoming holidays and my affinity for buying beauty products, Sephora has nailed this down–targeting their audience *raises hand* with the right content. On the flip side, I’ve been receiving emails lately with the subject line: Senior Apartment Listings in Your Area. Since it’s outside my demographic, you can probably imagine how annoying these have been. Impersonal and poorly timed messages make your customers question whether you even know who they are or understand them. Relevant customer nurturing is all about timing and the ability to demonstrate that you understand your customer. 3. Be in the Right Place Consumers shift across channels throughout the day. Fine-tune your customer nurturing strategy for multi-channel engagement. Remember to be mindful of the content you put out on each channel to ensure that your customer experience is optimized and personal. Customers expect their experience to be a seamless, continuous conversation across channels and it’s your job to ensure this happens. In the example below, you can see the shoe retailer Sole Society advertises their Cammila loafer to a select audience on Instagram. Then later on Facebook, their ad targeting offers me the same shoe in a different pattern. Instead, I clicked on a Business Insider article and Sole Society was there once more via another advertisement to continue the conversation with me–finally convincing me to click through to shop. One of my favorite (and most dangerous) pastimes is online shopping. There’s nothing better than having access to a plethora of inventory at just the click of a mouse. Once in a while, even if I’ve already decided to buy an item, something comes up that distracts me and I won’t follow through and check out. With multi-channel marketing, I’ll receive an email a few days later reminding me about my abandoned item. “Still thinking this over? You have some great stuff in your Shopping Bag.” Thank you Nordstrom, I think so too! Time to check out! 4. Put Your Money Where Your Mouth Is Justify your marketing spend. Your customer nurturing program needs to be measurable so that you can consistently track your progress and look for ways to improve it. Define the right set of metrics, review and adjust your nurture tracks along the way, and finally report your success. Since email is a large part of most customer nurturing programs, here are the 7 most common email metrics that you may want to track: Sent – emails that actually moved through your engagement marketing platform Delivered – emails that were sent and not rejected by a receiving server Bounced – messages that were permanently rejected (hard bounce) and messages that were temporarily rejected (soft bounce) Opened – recipients who opened (viewed) the email Clicked – subscribers who clicked on a link, button, or image within your message Unsubscribed – contacts who clicked the “unsubscribe” link in an email and then followed through to successfully opt out Marked as Spam – subscribers who reported your email as spam Take a step back and test your content on yourself. If you had received this from another company, how would you respond? Does it tell a continuous story? Would you open it and click through? Or would you unsubscribe or mark it as spam? Let’s not be biased here. By checking your content for these measures, you can ensure that your nurture campaigns aren’t going to waste. With customer nurturing, you can build effective relationships with consumers throughout their buying journey. Embrace these best practices and watch your customers move along the purchase cycle! For a comprehensive description of customer nurturing best practices, check out our Definitive Guide to Customer Nurturing. Have you seen an example of excellent customer nurturing in action? Or do you have tips to add? Please share them in the comments section below.
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Information on the latest industry metrics for email marketing. Enjoy
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By: Sesame Mish The most important part of any marketing team is its people. Without the right people—and the right combination of people—things like resources, processes, and strategy won’t be optimized. You need dynamic individuals at the helm, all working in areas of their strengths, banding together in unison to achieve company goals. All marketing teams should think of it this way—and digital advertising teams are no exception. So, what’s the best way to form your digital advertising team, in particular? Let’s explore… By now, marketers are acutely aware that we’ve entered the digital age—we communicate by email with our customers, we promote our brands through social media, and we always point people to our website to learn more. On that same note, we have seen the advertising landscape undergo a massive shift—from the retro Mad Men-esque days of print ads and advertising agencies all the way to the present day emergence of digital ads and internal digital advertising teams. With this transformation comes a new set of roles and duties that need to be taken into consideration when forming your digital advertising team. But at the same time, we don’t want to forget the attributes and skills that made our Mad Men predecessors so great. Therefore, Modern Mad Men need to embody both the old and the new—someone who understands the foundational elements of being a good advertiser with someone who lives and breathes the digital space. With this in mind, check out our new infographic, Mad Men of the Millennium, to learn which elements you should consider when forming your modern digital advertising team. View the infographic in a new window here. Please use the HTML code below to embed this graphic <a href="http://blog.marketo.com/2015/11/infographic-how-to-form-your-digital-advertising-team/"><img alt="[Infographic] Mad Men of the Millennium" src="http://blog.marketo.com/wp-content/uploads/2015/11/Mad-Men-of-the-Millennium_Marketo.png" width="100%" /></a><br><p><small>Brought to you by <a href="http://www.marketo.com/marketing-automation">Marketing Automation Software by Marketo</a></small>
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