Last week, I attended the Marketing Sherpa B2B Summit in San Francisco, CA. It was a pretty active event with Twitter conversations at #sherpaB2B09 and live streaming courtesy Hubspot TV. I just wanted to take a few minutes to recap some of the highlights from my perspective and hope to continue the discussion that we were having on site with this community here.
“It’s just marketing.”
Best quote of the event, courtesy Jeff Taxdahl owner of Thread-Logic. This comment came from his presentation on whether to work with or not work with an agency to manage his PPC Campaign which currently drives 95% of his sales. At the end of the day, there are no tricks. The fundamentals of marketing still apply. Know your buyer; deliver a compelling message to the buyer. And, if it is important to your business, you may be the best person/team to make it happen and you may need to ramp up the knowledge in house.
Continuing this line of thinking – we spent several hours on social media on Day 1. And, I have to say, I am “kinda over” social media. I am tired of us talking about it with shiny penny syndrome and marketers’ utter confusion on “How does it fit? Is it worth it?” It’s just marketing! The fundamentals of marketing still apply. Know your buyer and deliver a compelling message to the buyer. Build the relationships, don’t force the brand.
“Relevance requires major data”
Second favorite quote. This came from Thomas Hayden, Director of Marketing for Sage Systems. So true Thomas, so true. In the way that an in-person conversation requires excellent listening skills (human data processing), an automated conversation demands pristine data quality. Your data quality represents your ability to listen to your customer effectively.
“Be Helpful.”
OK, this is actually a quote from Chris Brogan who wasn’t at the event but I love the quote and it sums up an important theme in terms of content and delivery of that content. I really enjoyed the session that featured Troy Monney from Novell (and not just because they are an Eloqua client) but because they clearly demonstrated how they mapped out content for buyer personas at different stages of their buyers’ evaluation process (v. the internal selling process). I thought all of the sessions on Day 2 that focused on content and buyer personas really helped us to think in the shoes of our customer v. the mindset of just pushing our brand.
“Can you tell us about the ROI on that example? Ummm…”
Many marketers are still struggling with key metrics and demonstrating ROI. Yes, it is a controversial subject in terms of the HOW, but I think that a clear understanding of Campaign impact on revenue is still a struggle for most. It is still a very anecdotal and correlation game.
“Marketing is still from Venus. And, Sales is still from Mars.”
I can’t believe we are still so siloed in our areas of focus on the funnel. Marketing focusing only on “sales ready” with no clear “acceptance/rejection” points along the way to gain objective feedback on lead quality. The one presentation on Scoring seemed to even accentuate this further. To truly drive sales and marketing alignment – there needs to be a clear mapping of process, communication touch points, and responsibilities at every step of the funnel, not just the top.
