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There is a secret to better CX metrics: Journey mapping - Forrester

There is a secret to better CX metrics: Journey mapping - Forrester | The MarTech Digest | Scoop.it
There is a way to better identify and share customer experience (CX) metrics. And it is a tool that your company – like many others may already be using… but not for that purpose. I am talking about journey mapping. Recently I have done more and more workshops for our clients on how to use journey mapping for defining CX metrics so I wanted to put that thinking into a new report for all clients to read.

Why journey mapping? It helps overcome some of the key challenges for CX measurement programs: Only if you understand the end-to-end journey your customers take for accomplishing a goal are you likely to have the right metrics in place to judge CX performance. If you don't understand the journeys, you'll rush to judgment with ill-timed surveys, miss important moments of truth and fail to align operational data with customer perceptions. That means you’ll fail to identify ways to improve critical touchpoints. 


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Marteq's insight:

Isn't this a basic? Unfortunately, no. When companies are smack in the middle of the tornado (e.g., marketing automation vendors), there's no time. And that's probably the best time: more clients, more revenue flowing in, earmark some of the revenue towards CX.

Nicolas Petitjean's curator insight, March 11, 2017 4:12 AM

Isn't this a basic? Unfortunately, no. When companies are smack in the middle of the tornado (e.g., marketing automation vendors), there's no time. And that's probably the best time: more clients, more revenue flowing in, earmark some of the revenue towards CX.

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Study: 93% of B2B buyers say reviews drive major purchase decisions - FierceCMO

Study: 93% of B2B buyers say reviews drive major purchase decisions - FierceCMO | The MarTech Digest | Scoop.it

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Marteq's insight:

The third paragraph is most telling: only 6% are very trusting of vendor information. Combine this with the adjacent scoop where surveys are an excellent source of data, and you can see the value of independent information.

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What exactly is Journey Builder? - Grazitti

What exactly is Journey Builder? - Grazitti | The MarTech Digest | Scoop.it

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Marteq's insight:

Now available for the ET Marketing Cloud users. Kinda wish Pardot had the same.

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How to Build Your Marketing Hourglass - Duct Tape Marketing

How to Build Your Marketing Hourglass - Duct Tape Marketing | The MarTech Digest | Scoop.it

Digest...


A traditional marketing funnel might have stages such as Awareness, Consideration and Purchase, while our Marketing Hourglass consists of seven connected stages – Know, Like, Trust, Try, Buy, Repeat and Refer.

 

By taking the marketing hourglass approach and giving equal attention to building trust and delivering a remarkable experience, you set your business up to create the kind of momentum that comes from an end to end customer journey.

 

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Marteq's insight:

One of the better approaches to mapping the journey, as it takes the journey post-sale. Click through for a greater explanation and a clearer view of the associated graphic.

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18 Reasons to Map Customer Journeys - FutureLab

18 Reasons to Map Customer Journeys - FutureLab | The MarTech Digest | Scoop.it
Have you started journey mapping yet? Or are you still wondering why it's an important tool to have in your customer experience management toolbox?


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Marteq's insight:

Strange not to specifically see the role this plays in the content marketing strategy.

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8 Important Facts about High-Consideration B2B Solutions Purchases | IT Services Marketing Association

8 Important Facts about High-Consideration B2B Solutions Purchases | IT Services Marketing Association | The MarTech Digest | Scoop.it

Based on the latest round of 436 interviews in seven countries, here are the facts:

-Buyers spend nearly as much time offline as they do online.
-Social media, although gaining traction, is not yet mainstream.
-Solution providers, especially their subject matter experts, are a more credible source of information than the buyer’s peers.
-Buyers want to engage with sales reps early on in the purchase process.
-Thought leadership is both an effective door opener and a short-list determinant.
-Buyers are more likely to consider solution providers that personalize their marketing to address their specific business issues.
-Industry knowledge and knowledge of the buyer’s unique business issues top the solution provider selection criteria list.
-Buyers favor providers with whom they have previously done business.


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Marteq's insight:

And more evidence that points to the unpredictable buyer's journey.

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MTech14: Marketing Automation for the New Buyer's Journey - Act-On

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Marteq's insight:

No accompanying slide notes, but you'll get the gist.

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Forget the Marketing Funnel: Map Your Content Along a Straight Line - Inbound Marketing Agents

Forget the Marketing Funnel: Map Your Content Along a Straight Line - Inbound Marketing Agents | The MarTech Digest | Scoop.it
Rather than thinking in circles, maybe you should start thinking in a straight line. Sure, we want our buyers to come right back for more, but when they do, will they start back at the beginning? No, and that’s why they don’t need to be funneled through the awareness stage again. If you’re not providing what they need, they may find it on your competitor’s website. It’s crucial to kick this cycle to the curb.

At every organization, buyers pass through three stages before making a purchase:

Awareness

Consideration

Decision

The length of these phases can vary considerably depending on the buyer personas, price of the products, and other factors. However, the presence of these stages is a universal phenomenon across all industries.


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Marteq's insight:

The best way to tackle this effort is with a simple grid that allows you to map content to stage. Search the tags "buyer's journey" and "funnel" for more information on mapping and what content goes where.

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[FREE REPORT] The State of Marketing Leadership - Salesforce and LinkedIn

[FREE REPORT] The State of Marketing Leadership - Salesforce and LinkedIn | The MarTech Digest | Scoop.it
Key findings include:
86% of senior-level marketers agree that it’s absolutely critical or very important to create a cohesive customer journey.
56% of enterprise companies have a customer journey strategy, vs. 33% of mid-sized companies and 27% of small businesses.
The top three challenges facing senior-level marketers: budgetary constraints, quantifying marketing’s ROI, and creating personalized experiences.
Among marketers who have fully integrated customer data (only 17%), 97% said they are now successfully creating a cohesive customer journey.


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Marteq's insight:

Customer Journey: a topic that I expect will be explored to a much higher degree in 2015.

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How to Drive Buyers When the Primary Goal of Marketing Is Sourcing Leads for Sales - Ad Age

How to Drive Buyers When the Primary Goal of Marketing Is Sourcing Leads for Sales - Ad Age | The MarTech Digest | Scoop.it
Becky Carr, CMO at CenturyLink Technology Solutions, discusses the rebranding of Savvis into CTS and how she is driving demand for the technology company.


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Marteq's insight:

Summary: (1) A customer journey is mapped, and based on behavior, the visitor is slotted in the appropriate place in the journey and delivered the right content at the right time; (2) the analytics are sharp.


So the moral of the story: know your personas, know your potential journeys, map and deliver content accordingly.

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B2B End-User Buyers Are Human, Too - eMarketer

B2B End-User Buyers Are Human, Too - eMarketer | The MarTech Digest | Scoop.it
B2B end-user buyers worldwide were most likely to begin researching work-related purchases on search engines (35%) and manufacturers’ websites (27%), and 18% got started on consumer sites. What content are they looking for once they get there? The research found that those polled worldwide expected a mix of “traditional” digital and rich media content. Technical brochures and specification sheets (61%) and instruction manuals and how-to documents (46%) were the most helpful forms of content, followed by video.


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Marteq's insight:

All B2B buyers want is exactly what B2C buyers want: a good experience. And always bear in mind that B2B buyers ARE B2C buyers.

Carolyn M Todd's curator insight, October 30, 2014 9:05 AM

In some ways this article is stating the obvious, but it's important to remind ourselves that as new technologies proliferate, B2B marketers need to make their content available across multiple platforms and more importantly in ways that engage and attract potential leads.

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The Modern Marketer's Guide to Connected Customer Journeys (Oracle)

 

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B2B Buyers Increasingly Researching, Making Purchases Online - Marketing Charts

B2B Buyers Increasingly Researching, Making Purchases Online - Marketing Charts | The MarTech Digest | Scoop.it

 

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Marteq's insight:

More evidence that that the buyer's journey has many stops. Are you at every stop with the right content?

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The Journey to B2B Technology Purchases – B2B Team Buying Thickens the Plot - Gartner

The Journey to B2B Technology Purchases – B2B Team Buying Thickens the Plot - Gartner | The MarTech Digest | Scoop.it

Digest...


My big concern is that most journey maps focus on the needs of one buyer persona.  But our research shows that B2B technology purchase decisions are made by teams.   Fulfilling the journey of a single buyer may not get the job done.

 

If you think about, B2B Buying is a lot like The Wizard of Oz or other similar quest oriented stories.  You have one lead character (the champion) who is the focus of the quest—without that person, there is not story.    But she is joined by others on the journey.  They want different things.  While supporting the main character, they will also follow some different paths.  

 

As a technology marketer and seller, it is crucial to understand all the players on buying teams and what decisions they are responsible for.  You need to understand their buying process in detail. (If we had asked the right questions about what it takes to buy, we might have been able to address the approved vendor issue earlier in the process and helped our champion accelerate the process).  There will be commonalities across customers, but some unique attributes for each one (everyone’s quest is a bit different).  You should ask them what their buying process is.   Then make sure you are addressing all of the sub-decisions that have to be made, by different people, to get to the final decision.

 

One good idea is to map the journey of the persona of your internal champion.  That persona is the most invested in seeing the purchase move to completion.  As part of their journey, they’ll want to understand and assist other’s in completing their work.   You may find you then need to map the journeys of other key players, but the “champion map” becomes your lead.

 

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Marteq's insight:

Dear lord, this complicates matters! He's right: the persona of the lead is important, but it's the team that drives the decision. Mapping of the buying process, with all defined roles, is indeed critical.

Ann Windham's curator insight, October 1, 2014 9:27 PM

#tradeshows #meetingprofs #eventprofs The Journey to B2B Technology Purchases – B2B Team Buying Thickens the Plot - Gartner

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6 Tips for Sequencing Your Marketing Content - ClickZ

6 Tips for Sequencing Your Marketing Content - ClickZ | The MarTech Digest | Scoop.it

Digest...


The concept of content sequencing for digital marketing practices has been around for a few years but has yet to be widely adopted. Content sequencing within the scope of digital marketing can be described like this: “A process of distributing digital content in a scalable manner, which leads a consumer through a highly engaged experience with progressively branded messaging.”

 

1. Start With Data

To be effective at sequencing, analytics are essential. We need to cull through the data to find opportunities for success.

 

2. Use Content to Drive Traffic to Specific Owned Media

With content sequencing, our consumer is moved on a path that fulfills his interest/curiosity/desire/whatever-he-is-searching-for-in-that-moment with a scalable continuum of brand-related content.

 

3. Deploy Earned Media Within the Sequence

Sequencing should incorporate earned media because it helps with visibility. And search visibility is one outcome we're aiming for.

 

4. Begin Each Campaign Without Heavy Brand Placement

Focusing brand identity during the initial stage of a content sequencing campaign is important. Optimally, we want to approach a prospective customer as a sponsor or publisher of the resource being viewed. 

5. Re-Engage During the Journey

We have the ability to reconnect and re-engage the sequencing process through ads, email, social, and direct or site search. Brands should deploy enough unique content and brand touch points to become both visible (to spiders) and valuable (to consumers) so re-engagement can occur. The soft goal throughout all touch points is to contribute to a positive user experience.

 

6. Don't Saturate, But Deploy Multiple Channels

We need to be connected with prospects at different times, through multiple devices. That may be commonly understood among digital marketers. But I've got to stress that - for search marketers - mobile is essential to an effective sequencing campaign.

 

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Marteq's insight:

It's one approach. But if the buyer's journey is a labyrinth of ins and outs, ups and downs, then I doubt setting a sequence in place will work.

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Customer Journeys Trump the Traditional Sales Cycle - CMS Wire

Customer Journeys Trump the Traditional Sales Cycle - CMS Wire | The MarTech Digest | Scoop.it

Digest...


To connect authentically to what customers need and want, customer journeys trump the traditional sales cycle. The sales cycle has been an inside-out process, tied primarily to sales goals and operations. The customer lifecycle with a company comprises an ongoing journey before, during and after individual sales events. Sales and marketing teams need to be part of continuous customer engagement for the entire journey. Persistent nurturing of customer experiences also plays an important role in customer retention and advocacy, and sales has a responsibility here.

 

Deep and broad customer understanding is necessary to: map customer journeys from customer perspectives, segment customers realistically and comprehend customer needs and wants. Continuous customer intelligence is invaluable for nurturing better customer interactions that will make it easy for customers to buy from a company — and want to come back for more. Many current marketing processes provide what the sales team and others can put to good work: collections of customer action / transaction data, and the results of various analytics such as behavioral, social media and marketing automation.

 

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Marteq's insight:

And it takes new client research to determine the path/touchpoints. Painful work, but if done correctly, a gamechanger.

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Technology Marketing Blog: Social Buying: The Importance of Trusted Networks during the B2B Purchase Process - IDC

Technology Marketing Blog: Social Buying: The Importance of Trusted Networks during the B2B Purchase Process - IDC | The MarTech Digest | Scoop.it

Digest...


The study concluded that 75% of the B2B buyers studied and 84% of C-level/vice president executives use information from social media and interaction on social networks to make purchase decisions.

 

Social buying improves decision confidence.  The operative benefit in social buying is the ability to access trusted networks to increase confidence in high-stakes decision making.

 

Social media make accessing trusted networks easier. Buyers have long trusted their offline professional networks for this purpose. Online social networks improve access to trusted existing networks and open up networks that more easily extend beyond traditional boundaries. The bigger the buying decision, the more important social networks become.

 

B2B buyers use different types of social resources at different stages of the decision-journey. It's important not to lump all social media into one big stew of a category. "Social" is a media attribute that enables peer-to-peer audience participation. Some media are highly social and others not at all. 

 

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Marteq's insight:

Yet another proof point that the B2B buying process is a unique labyrinth where you can only be prepared to have the right content at the right time.


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How Content Is Changing And What Marketers Need To Know [Survey Data] - Marketing Land

How Content Is Changing And What Marketers Need To Know [Survey Data] - Marketing Land | The MarTech Digest | Scoop.it

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Marteq's insight:

Nice to see how marketers are responding to the buyer's changing search process.

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What influences purchase of your product or service? [Infographic] - Smart Insights Digital Marketing Advice

What influences purchase of your product or service? [Infographic] - Smart Insights Digital Marketing Advice | The MarTech Digest | Scoop.it
Understanding your customer buying decision journey Getting cut through is a key challenge for marketers today since there are so many online influences on. Marketing topic(s):Consumer buying behaviour. Advice by Danyl Bosomworth.


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massimo scalzo's curator insight, August 16, 2014 12:24 PM

That's true, that's the influencing circle in my view!

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Emotion Beats Data in B2B Decision Making: Study - Chief Marketer

Emotion Beats Data in B2B Decision Making: Study - Chief Marketer | The MarTech Digest | Scoop.it
65% of executives responding to a new survey from gyro and The Fortune Group say that subjective factors that can’t be quantified make a difference when evaluating competing proposals.


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Marteq's insight:

To download the executive summary, visit gyro.com/onlyhuman.

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Mapping Content to the Buyer's Journey [WORKSHEET] - Pardot

Mapping Content to the Buyer's Journey [WORKSHEET] - Pardot | The MarTech Digest | Scoop.it

 

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The B2B Buyer’s Journey Grows Up; It’s Time For Your Approach To Grow Up Too - Forrester

The B2B Buyer’s Journey Grows Up; It’s Time For Your Approach To Grow Up Too - Forrester | The MarTech Digest | Scoop.it

Advanced/ Digest...


Start now to update your approach and:

-- >  Put the customer at the center of marketing thinking. Today’s market realities demand that B2B CMOs replace internal sales-driven marketing funnels with a full customer-life-cycle approach that aligns with the ways customers now make purchase decisions and build relationships with their vendors.

-- >  Map the B2B customer life cycle to define your marketing strategy. As the customer buying journey progresses from discovery to exploring options, your marketing efforts must help customers navigate to their final purchase destination with relevant content targeted to the questions they are looking to answer at each stage.

-- >  Adapt to changes in B2B customers’ behavior. In what Forrester defines as the age of the customer, two elements are essential to success: a customer-obsessed approach to defining the business and marketing strategy and an in-depth understanding of customers’ behaviors and needs. The onus is on B2B CMOs to integrate intimate knowledge of customers into marketing activities that serve the varied needs of these customers as they move through the decision process.

 

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Marteq's insight:

Lay in place all the tools and information needed by anyone at anytime. Follow the breadcrumbs. React quickly. You just can't try to pigeonhole anyone into a set process: those days are gone (actually never existed).

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Marketing Can No Longer Rely on the Funnel - HBR

Marketing Can No Longer Rely on the Funnel - HBR | The MarTech Digest | Scoop.it

Intermediate/ Digest...


The primary problem with the funnel is that the buying process is no longer linear. Prospects don’t just enter at the top of the funnel; instead, they come in at any stage. Furthermore, they often jump stages, stay in a stage indefinitely, or move back and forth between them.

 

One popular alternative to the funnel is the Customer Decision Journey popularized by McKinsey. A key advantage of this model is that it’s circular, rather than linear. Prospects don’t come in the top and out the bottom, but move through an ongoing set of touchpoints before, during, and after a purchase.

 

So where do we go from here?  The funnel and Customer Decision Journey aren’t going away.  They are useful models, and will continue to be helpful in certain contexts.  But marketing today requires a new mental map to navigate a changing landscape. We need a model that informs marketers how to enable and empower, not just persuade and promote.  There are a variety of alternatives including journey, orbit, relationship, and experience.

 

Whatever model you choose, what’s most important is that it addresses: first, the multi-dimensional nature of social influence; second, non-linear paths to purchase; third, the role of advocates who aren’t customers; and fourth, the shift to ongoing relationships beyond individual transactions.

 

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Marteq's insight:

I've written about this earlier: prospects come in and out of your digital properties, and you just can't map a single process. The process is 3 dimensional with an untold number of crossovers to various resources. At some point we're going to need to attach variable scores to various content pieces, where the scoring is based on what was previously viewed and when it was viewed.

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Identifying Buyer Profiles: 5 Ways To Segment Your Marketing Audience - Eloqua

Identifying Buyer Profiles: 5 Ways To Segment Your Marketing Audience - Eloqua | The MarTech Digest | Scoop.it

Basic/ Digest...


Here are five starting points for consideration if you’re looking to enhance your segmentation:

 

1. Segment by Persona.  Well-understood personas are the basis for amazingly effective lead routing, scoring, and nurturing efforts, as they help your automation tools work smarter, not harder.

 

2. Segment by Buying Patterns/Frequency.  As you understand more fully where a contact is in their buying journey, you reduce the risk of over-engaging a person who simply responded to an email, or under-engaging someone who is already far along the consideration path.

 

3. Segment by Geography 

 

4. Segment by Industry/Vertical.  With B2B, you need to create engagements based on each industry’s unique buying situation and cycle. Marketing automation enables you to finetune and deliver unique vertical messages automatically based on contact data.



 

5. Segment by Channel Usage. This tactic is typically beneficial to B2C marketers.

 

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Marteq's insight:

For the messaging associated with the content, persona-based segmentation is the best route. By Vertical is too generic.

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[Interactive Infographic] Understanding the Buyer's Journey | Pardot | #TheMarketingTechAlert

[Interactive Infographic] Understanding the Buyer's Journey | Pardot | #TheMarketingTechAlert | The MarTech Digest | Scoop.it
The buyer’s journey is an important framework for marketing strategy — but what does it look like? How are buyers getting from step one (“Do I have a need?”) to a justified decision?


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