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	<title>The Funnelholic</title>
	
	<link>http://www.funnelholic.com</link>
	<description>a blog for those of us who live and work at the top end of the b2b funnel: Demand Generation, Lead Generation, Online Media, B2B Sales and Marketing, Marketing Automation, DRIP, Lead Nurturing, and Fun.</description>
	<pubDate>Tue, 23 Feb 2010 04:45:45 +0000</pubDate>
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		<title>The Funnelholic’s Take on the 7 Rules for the Connected B2B Marketer</title>
		<link>http://www.funnelholic.com/2010/02/23/the-funnelholic%e2%80%99s-take-on-the-7-rules-for-the-connected-b2b-marketer/</link>
		<comments>http://www.funnelholic.com/2010/02/23/the-funnelholic%e2%80%99s-take-on-the-7-rules-for-the-connected-b2b-marketer/#comments</comments>
		<pubDate>Tue, 23 Feb 2010 04:45:45 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<category><![CDATA[b2b Marketing]]></category>

		<category><![CDATA[webinar]]></category>

		<guid isPermaLink="false">http://www.funnelholic.com/?p=1077</guid>
		<description><![CDATA[Last week, I was part of a Webinar, &#8220;The 7 Rules for the Connected B-2-B Marketer&#8221; with Ardath Albee and Scott Mersy.  It was a great Webinar, and the on-demand version is available so check it out. Matt West provides a nice recap of the event. Also, we have posted the questions viewers asked during [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F02%2F23%2Fthe-funnelholic%25e2%2580%2599s-take-on-the-7-rules-for-the-connected-b2b-marketer%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F02%2F23%2Fthe-funnelholic%25e2%2580%2599s-take-on-the-7-rules-for-the-connected-b2b-marketer%2F" height="61" width="51" /></a></div><p>Last week, I was part of a Webinar, &#8220;<a href="http://www.focus.com/webcasts/marketing/7-rules-connected-b-to-b-marketer/" target="_blank">The 7 Rules for the Connected B-2-B Marketer</a>&#8221; with <a href="http://twitter.com/ardath421" target="_blank">Ardath Albee</a> and <a href="http://twitter.com/smersy." target="_blank">Scott Mersy</a>.  It was a great Webinar, and the on-demand version is available so check it out. Matt West provides a nice <a href="http://www.genius.com/marketinggeniusblog/2519/the-7-rules-for-the-connected-b-to-b-marketer.html" target="_blank">recap</a> of the event. Also, we have posted <a href="http://www.focus.com/content/tag/7ruleswebcast/" target="_self">the questions</a> viewers asked during the Webinar on Focus.com for the experts and for general discussion. I figured I would jump into the fray with my take on the seven rules.</p>
<p>Below is my interpretation of seven rules for the connected B2B marketer:</p>
<p><strong>Rule 1: Develop buyer personae.</strong> Understand your prospects. Know who they are, how they tend to behave, and where they interact in the sales cycle.</p>
<p><strong>The Funnelholic take: </strong> This should be an exercise led by the marketing department that is presented to the entire organization.  It’s amazing that the content marketing revolution is the impetus for this exercise.  Understanding personae is critical to sales, product management, marketing, etc.  A lot of this information is locked in people’s brains from their customer/prospect interactions, so you need to find a way to extract it. But that shouldn’t be everything you do for persona building; part of this process has to involve <em>talking </em>to your best customers.  Once you go through this process, you&#8217;ll  understand how powerful this exercise can be.</p>
<p><strong>Rule 2: Align content with buyers.</strong> Determine what types of information your prospects will need, based on who they are, how they behave and where they are in their buying process.</p>
<p><strong>The Funnelholic take:</strong> Admit it - often we create content that we want the prospects to have instead of the content they want. The content marketer creates a series of content for each persona that advances them along the buying cycle (not the sales cycle).  The way you determine the type of content buyers want is during the “Buyer Persona” interviews with high value customers mentioned above. I would also suggest surveys from a third party to get the “real” scoop.<br />
<strong><br />
Rule 3: Build consistency across channels.</strong> It’s simple - keep your stories straight and leverage as many avenues as possible to get your message out. Your prospects will engage with a variety of content formats, depending on where they are in their buying process and their preferences for how they tend to consume information. In order to answer their needs, you need to maintain consistent messaging across all channels.</p>
<p><strong>The Funnelholic take: </strong>This is a really important point because everyone consumes information differently. Here is an example: We did a study of the CRM market and found that business decision makers liked Webinars, short (one-page) white papers, and even in some cases, video.  They have no time to read a technology-focused white paper.  On the other hand, technical contacts have to wrap their hands around technical aspects and still like traditional white papers that are longer and more detailed.  Limiting your content to one channel means you are limiting yourself to getting content into the right person’s hands at the right time.</p>
<p><strong>Rule 4: Let the experts do the talking.</strong> Your prospects are looking for solutions for their business challenges. Your job as a marketer is to provide them with information that is valuable and of interest to them. If you are not the expert in a particular area, find someone who is. They will be more than happy to contribute.</p>
<p><strong>The Funnelholic take:</strong> There are some simple ways to think about this:  Who do you believe more,  a documentary or an infomercial? The experts lend credibility to the content, can present it better than you because they talk about it every day and give prospects meaningful, memorable content that will pay dividends down the line. Remember, content <em>is</em> the battle ground now, not brand positioning on billboards or advertising. Expert content is more likely to get downloaded and appreciated than anything else you can create.</p>
<p><strong>Rule 5: Use multi-channel distribution.</strong> Much like rule 3, because your buyers each have different preferences for consuming information, you need to serve up your information in a manner that is easy and enjoyable for everyone to consume. Let’s use the above-referenced Webinar as an example. We pulled together a team of experts to develop &#8220;The 7 New Rules for the Connected B2B Marketer,&#8221; compared the Webinar to multiple other channels (blogs, emails and multiple social media channels), then hosted a Webinar to deliver the message. We posted the questions and responses from the Webinar on Focus.com. I wrote this blog post. And now, I’m going to go tweet about it. Hopefully you do, too.<br />
<strong><br />
The Funnelholic take:</strong> Here&#8217;s where you can get my attention: Twitter. Email is a hit-or-miss proposition, that is, it works but sometimes gets lost. And that’s just me. Today’s buyers are busy, distracted, and in total control of what platform they prefer for getting their information. What that means for marketers is that simple, multi-channel delivery is the only want to even come close to capturing and maintaining buyer attention.</p>
<p><strong>Rule 6: Automate the process. </strong>This can be broken down into the four “Rs:” Reach, Response, Relationship and Revenue.</p>
<p><strong>1. Reach:</strong> Leverage social media and other prolific channels to pique interest and engage with a broad audience. Be sure to begin tracking their interactions at this level– even before you know who they are.<strong><br />
2.  Response: </strong>The most interesting part of engaging a customer is what happens after you reach the prospect.  Despite all the hype about social media, most marketers aren’t sure how to measure its effectiveness.<strong><br />
3. Relationships: </strong>Build relationships by delivering timely and personalized messages based on prospects&#8217; profiles and behavior.<strong><br />
4. Revenue: </strong>Ultimately lead nurturing must feed sales.  If it doesn’t, then it hasn’t fulfilled its promise.<br />
<strong><br />
The Funnelholic take: </strong> I love this one.  I&#8217;m not sure what came first; did automation help create the content marketing revolution or the other way around?  Net-net, you need an internal platform to do this right.  You can create all the content you want, but that is just part of the equation. Automation helps you deliver and optimize what you&#8217;re doing and helps drive what the real goal is: feeding sales.</p>
<p><strong>Rule 7: Get connected. </strong>In today’s era of content marketing, inbound marketing, pull marketing, etc., it’s important to know that there is no magic recipe that fills all organizations. In order for any of the methods above to work, all of them need to be incorporated on some level. A “connected marketer” is linked to valuable content, intelligent people, respected organizations and above all, works in a cooperative manner to make themselves a valuable resource to their prospective buyers.</p>
<p><strong>The Funnelholic take:</strong> The corporate Web site has been defined in the past by containing a convoluted, pie-in-the-sky value prop, a dumb picture, and reg-protected brochure-ware. Pfffft. The content marketing revolution dictates that the corporate Web site change from a boring, sales-centric, non-converting site to a buyer resource that provides helpful content from the start of the process (research) to the end of the process (choosing a vendor).  Keep in mind one thing: The marketer today looks more like a publisher than ever before, so think and act like one.  Here are a couple great examples:</p>
<p>1.    <a href="http://www.openforum.com/">Amex OpenForum</a><br />
2.    <a href="http://www.genius.com/resources/MarketingGenius/" target="_blank">Genius.com</a></p>
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		<title>Four Social Media Tips for Salespeople</title>
		<link>http://www.funnelholic.com/2010/02/19/four-social-media-tips-for-salespeople/</link>
		<comments>http://www.funnelholic.com/2010/02/19/four-social-media-tips-for-salespeople/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 03:39:36 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Social Networking]]></category>

		<category><![CDATA[Uncategorized]]></category>

		<category><![CDATA[b2b Sales]]></category>

		<category><![CDATA[sales]]></category>

		<category><![CDATA[Add new tag]]></category>

		<guid isPermaLink="false">http://www.funnelholic.com/?p=1067</guid>
		<description><![CDATA[Social Media, social media, social media, social media, social media.  Everyone is talking about it (obviously).  Marketers have taken to the medium; sales is starting to as well, but adapting is hard. Salespeople rarely have the time or desire to learn something complicated, or the motivation to do something without seeing its immediate benefits. In [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F02%2F19%2Ffour-social-media-tips-for-salespeople%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F02%2F19%2Ffour-social-media-tips-for-salespeople%2F" height="61" width="51" /></a></div><p>Social Media, social media, social media, social media, social media.  Everyone is talking about it (obviously).  Marketers have taken to the medium; sales is starting to as well, but adapting is hard. Salespeople rarely have the time or desire to learn something complicated, or the motivation to do something without seeing its immediate benefits. In my current role, I do marketing for my organization and my clients in addition to sales. Net-net, I&#8217;ve learned some easy, helpful tips to pass along to sales reps using social media for their professional work.  For resonance, I&#8217;ve decided to create these recommendations based on sales-isms:</p>
<p><strong>1. The most unique thing you have to sell is yourself. </strong>This is a common sales tip that I have applied to how I sell and how I market.  Here&#8217;s what a sales rep needs to know: Before people talk to each other in this day and age, they look them up on Google, LinkedIn, Facebook, and other social-networking sites. This means you have to consider your presence on the Internet.<br />
<strong><br />
</strong></p>
<ul>
<li><strong> Manage your online self-branding.</strong> Know what is out there about yourself.  If there are pictures of you doing inappropriate things on the internet, take them down.  It’s the age of private investigation. Play right.</li>
</ul>
<ul>
<li><strong>LinkedIn is not just for recruiting.</strong> In B2B, everyone is a LinkedIn power user. This is a self branding tool that should be modified to help you sell.  It shouldn’t say: “unrelenting closer,” etc. Keep in mind what buyers want:</li>
</ul>
<p style="padding-left: 60px;"><strong>a. The top sales rep or just a real pro:</strong> It’s ok to post that you&#8217;re the best salesperson at your company. Seriously, people want to know they have the best rep working their account. It&#8217;s particularly important to put some big companies you&#8217;ve managed on your online profiles. This is known in the rap industry as “game recognize game” – in other words, if you&#8217;re selling to IBM, have the big technology companies that you&#8217;ve worked for on your profile.</p>
<p style="padding-left: 60px;"><strong>b. Trusted advisor: </strong>Think about key phrases like “creating customer partnerships,” etc. Post links to related third-party Web sites that show you care about the business.</p>
<p style="padding-left: 60px;"><strong>c. Someone who cares about their business &#8212; </strong>Join relevant LinkedIn Groups. Even if you don’t do anything in them, they are badges of honor.</p>
<p style="padding-left: 60px;"><strong>d. Someone who is wired &#8212; Get 3 degrees of separation: </strong>Take the time to connect with peers and clients online.  I make sure when I meet someone I like, I take the one second it takes to connect.  This is important because (i)  knowing lots of people - especially the right people - looks GOOD, (ii)  if you&#8217;re connected to respected companies, that reflects well on you, and (iii) the people you meet will see a mutual acquaintance, and your ice breaker is taken care of.</p>
<ul>
<li><strong>Twitter: </strong>Twitter is daunting for the uninformed, but it is a GREAT way to gain credibility with clients.  Have the salespeople sign up not with stupid names likes “youngjeezy213894,” but with their real names. All the guys need to know is the following:</li>
</ul>
<p style="padding-left: 60px;"><strong>a. How to retweet and from who: </strong>Marketing can just send great blog posts to the sales reps to retweet. Cut and paste them with the : RT@funnelholic 10 ways to … . They can then just post it and they should do it frequently for credibility &#8212; An empty Twitter profile is a no-go.<br />
<strong><br />
b. How to find people and how to follow:</strong> Not only that, but reps should know who to follow – experts in the industry. When they do that, they look good.</p>
<p><strong>2. Know thy customer: </strong>Many sales reps still find relevant articles in the newspaper or on Google Alerts and use that as a way to &#8220;show the customer they know them.&#8221;  That&#8217;s fine, but oftentimes in big companies, the people you&#8217;re selling to know as much as you do.  That’s reality. I have seen our sales reps try to spit game about some big merger or other notable event and the prospect is not impressed.  If you want to know the customer, see what he or she is writing on LinkedIn, on a personal blog, or on a Twitter page. That will tell you what THEY care about, which is a bigger deal.  Many people are using Facebook for this.  I think that&#8217;s fine, but I personally separate business from personal with my social-media sites.  If you can get data on the customer (where he or she has been traveling, etc.), that&#8217;s great too.  But I think of the world in terms of business priorities and insights, and Twitter&#8217;s brief 140-character updates is the way to go.</p>
<p><strong>3. No one answers their phone anymore.</strong> People appreciate retweets. That&#8217;s why I like Twitter in the sales process; if a salesperson is following his or her prospects, retweeting their posts is a sincere form of flattery and a way to stay in their hearts and minds.  I have seen some sophisticated sales reps retweeting prospects&#8217; tweets and the good ones add personal comments: “@funnelholic Great post today, I think that &#8230;.” You want multi-channel, right? How about that for multi-channel touches.</p>
<p><strong>4. Nurture, because buyers won&#8217;t buy tomorrow.</strong> Everyone&#8217;s talking about nurturing, and here&#8217;s what you have take from this: The key to the nurturing revolution is the fact that clients are NOT going for the “Hi so-and-so, I wanted to touch base and see what your … needs are” or “I’d love to talk to you about our 75 percent clearance rate.” They&#8217;ll buy when they&#8217;re good and ready, so you have to keep them warm with relevant, meaningful, non-salesy content.  If the sales rep is “connected,” they&#8217;re a great channel for announcing workshops, Webinars, and any new cool content.  They should push it via their LinkedIn, Facebook and Twitter.</p>
<p>There are lots of guys writing “how to use social media” and they probably have some more sophisticated tips to follow so keep looking.  These are some easy tips with which to start.</p>
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		<title>The Marketing Hipster Dictionary, Part II: 53 Definitions Every Marketer Should Know</title>
		<link>http://www.funnelholic.com/2010/01/28/the-marketing-hipster-dictionary-part-ii-53-definitions-every-marketer-should-know/</link>
		<comments>http://www.funnelholic.com/2010/01/28/the-marketing-hipster-dictionary-part-ii-53-definitions-every-marketer-should-know/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 19:47:02 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Business Musings]]></category>

		<category><![CDATA[CRM]]></category>

		<category><![CDATA[DRIP and Lead Nurturing]]></category>

		<category><![CDATA[Direct Marketing]]></category>

		<category><![CDATA[Funnels]]></category>

		<category><![CDATA[Lead Development]]></category>

		<category><![CDATA[Lead Qualification]]></category>

		<category><![CDATA[Lead/Inquiry Generation]]></category>

		<category><![CDATA[Marketing Automation]]></category>

		<category><![CDATA[Social Networking]]></category>

		<category><![CDATA[b2b Marketing]]></category>

		<category><![CDATA[Email Marketing]]></category>

		<category><![CDATA[Lead generation]]></category>

		<category><![CDATA[lead nurturing]]></category>

		<category><![CDATA[SEO]]></category>

		<category><![CDATA[webinar]]></category>

		<category><![CDATA[White paper]]></category>

		<guid isPermaLink="false">http://www.funnelholic.com/?p=1056</guid>
		<description><![CDATA[Here we are again. If you missed Part I, make sure to read it first. Once again, before we begin, I need to introduce the members of the band:
On the guitar, Tom Scearce (@TLOTL), and on the electric keyboard, Chris Jablonski (@cjablonski).

I can say this, we had a lot of fun. Check out numbers 37-49. [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F01%2F28%2Fthe-marketing-hipster-dictionary-part-ii-53-definitions-every-marketer-should-know%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F01%2F28%2Fthe-marketing-hipster-dictionary-part-ii-53-definitions-every-marketer-should-know%2F" height="61" width="51" /></a></div><p>Here we are again. If you missed <a href="http://www.funnelholic.com/2010/01/26/the-marketing-hipster-dictionary-part-i-52-definitions-every-marketer-should-know/ " target="_blank">Part I</a>, make sure to read it first. Once again, before we begin, I need to introduce the members of the band:</p>
<p>On the guitar, Tom Scearce (<a href="http://twitter.com/TLOTL" target="_blank">@TLOTL</a>), and on the electric keyboard, Chris Jablonski (<a href="http://twitter.com/cjablonski" target="_blank">@cjablonski</a>).</p>
<p><span id="more-1056"></span></p>
<p>I can say this, we had a lot of fun. Check out numbers 37-49. @TLOTL has some great ones.</p>
<p><strong>25.  Cold calling:</strong> I really have no idea why I put this on here. It’s pretty simple: You pick up the phone and call someone who has no idea you are calling. In today’s day and age, this is best left to professionals — a.k.a., outsourced.</p>
<p><strong>26.  Contacts:</strong> Just names. The contact movement has been brought upon us by breakthrough companies such as <a href="http://www.jigsaw.com" target="_blank">Jigsaw</a>, <a href="http://www.demandbase.com" target="_blank">demandbase</a> and <a href="http://www.netprospex.com" target="_blank">NetProspex</a>. These are not leads, even if these companies market them as such. Contact purchasing is a critical component to push marketing (see below).</p>
<p><strong>27.   Leads:</strong> A lead is a person who has opted in for an offer (see below). As mentioned above, a contact is not a lead.</p>
<p><strong>28.   Offer:</strong> An offer can be defined as “something” someone has opted-in for. These can be discrete offers such as white papers, webinars and podcasts. They can also be an appointment with a sales person.</p>
<p><strong>29.   Lead generation:</strong> Activities designed to create leads.</p>
<p><strong>30.   Demand generation:</strong> All the activities designed to create demand. Not just lead generation, which is part of it. Everything — including things like PR, speaking engagements, advertising, discounts or special offers and so on and so on. BTW, this is an interesting point of conversation — check out some of the <a href="http://www.focus.com/questions/marketing/whats-difference-demand-generation-vs-lead-generation/" target="_blank">answers</a> to this on <a href="http://www.focus.com">Focus.com</a>.</p>
<p><strong>31.    Lead nurturing:</strong> A process that uses content (offers, tools, white papers, etc.) and distribution tactics (email, phone, Web, etc.) to market to leads over time until they are measurably ready to engage. This one was hard. I got some terrific <a href="http://www.focus.com/questions/marketing/what-succinct-yet-thorough-definition-lead-nurturing/" target="_blank">definitions</a> from experts on Focus.com.</p>
<p><strong>32.   Remarkable content: </strong>You need to develop this every day, and you know it’s remarkable if people can apply it right away. You need to deliver on three characteristics: 1) value: create substantive, meaningful and high-quality content and 2) efficiency: package for simplicity and ease of consumption; 3) relevance: target buyers and address their specific challenges. (@cjablonski)</p>
<p><strong>33.   Push marketing: </strong>“Knocking on someone’s door.” In other words, using outbound marketing tactics such as email, phone and direct mail to market to contacts in order to create leads. Examples are outsourced appointment setting and email campaigns to a list.</p>
<p><strong>34.   Pull marketing: </strong>As opposed to push marketing, “getting people to walk into your store.” Pull means you are using SEO, paid search, etc. to attract people who are searching for something you offer. It also includes getting people to look at your products in other stores through online media and white paper syndication, for example. Because not all buyers are walking into your store, you need to make sure you are represented in other stores that attract your type of buyer.</p>
<p><strong>35.   Landing page: </strong>A Web page with a call-to-action to download an offer, such as a webinar, a white paper, and so on. In order to download the offer, the user has to fill out a form. (@cjablonski)</p>
<p><strong>36.  Direct mail: </strong>The act of sending a marketing offer via the U.S. Postal Service, FedEx, and so on. This is a dying lead-generation tool. NOTE: there are marketers who believe direct mail still works despite the cost and low conversion rates. My suggestion is that, if you don’t do it now, don’t start.</p>
<p><strong>37.  Return on contribution: </strong>Anyone who takes the time and energy to create remarkable content needs to also invest time in managing return on contribution. This can mean several things: 1) crowd-sourcing the content to leverage the friends and followers of the contributors for added distribution; 2) syndicating your content through targeted media properties; 3) engaging in online conversations where your content can be delivered in a relevant context ; and 4) leveraging your content across multiple campaigns, including lead-nurturing programs. (@TLOTL)</p>
<p><strong>38.  Micro-marketed content: </strong>The opposite of mass-marketed content. An unmediated, free-flowing discussion among genuine experts in a niche category (e.g., this <a href="http://www.focus.com/questions/marketing/what-are-main-barriers-successful-deployment-marketing/" target="_blank">discussion</a> on Focus.com) is often more relevant and helpful to buyers than a banner ad or an industry trade publication. (@TLOTL)</p>
<p><strong>39.  “Multi-channel, multi-touch”: </strong>The mantra of any successful pipeline/revenue generation program. Email, Web and phone are all integrated and response-measured (scored) using marketing automation services. (@TLOTL)</p>
<p><strong>40.  The “three legged stool”: </strong>In direct marketing, results are usually, ultimately, a function of the:</p>
<ul>
<li>List (or audience)</li>
<li>Offer</li>
<li>Creative</li>
</ul>
<p>Underperform in any one of these areas and the stool falls over. (@TLOTL)</p>
<p><strong>41.  The revenue/sausage factory: </strong>A useful metaphor for helping the uninitiated understand how the marketing and sales team work together to drive the top line. The factory can include “upstream” suppliers like Google, direct mail programs or demand-gen agencies. And it can also encompass post-sales “revenue recognition” functions like professional services and account management. (@TLOTL)</p>
<p><strong>42.  Pipeline erosion rate: </strong>Your sales team converts your leads into pipeline deals. They win some, they lose some. Some deals roll into next month/quarter. Some don’t. The erosion rate measures the lost pipeline value that must be replaced through incremental demand-gen efforts and budget. (@TLOTL)</p>
<p><strong>43.   Rotting lead rate: </strong>The percentage of leads that go untouched by sales (no email, call or voicemail) before they start to “rot.” Keep in mind that the goal is not necessarily a 0% “rot-rate.” In some cases, it’s totally ok for sales to let leads “rot.” If sales has warmer leads to work, marketing can take back the leads that would otherwise rot and nurture them until they are ready. (@TLOTL)</p>
<p><strong>44.  Funnel jockey: </strong>The demand-generation expert in every successful marketing department who understands his or her funnel well enough to hard-wire the entire revenue manufacturing process, from marketing spend, to lead gen, to pipeline creation and booked revenue. This person is one of the Excel users in the marketing department who is most likely to have a working command of functions like VLOOKUP, GETPIVOTDATA, SUMPRODUCT, and RAND. (@TLOTL)</p>
<p><strong>45.  Campaign Sorcerer: </strong>Describes a marketer who can quickly articulate and illustrate campaign concepts with a unique and integrated skill set that includes design aesthetics, copywriting/storyboarding, program logistics, and schedule visualization. A Powerpoint/Keynote Magic User proficient in spell-casting with SnagIt and Photoshop. (@TLOTL)</p>
<p><strong>46.  Market whisperer: </strong>The agency-side marketer who can, in 30 minutes or less, figure out the essence of a client’s marketing and sales challenges, with minimal to no briefing from said client, consulting only Twitter, Google, Wordpress and Michael Porter’s Five Forces model. This marketer is more likely than his or her peers to get away with wearing ironic tee shirts or quirky, comment-worthy eyewear/accessories. (@TLOTL)</p>
<p><strong>47.  Tweeps: </strong>Twitter + Peeps = Tweeps. (@TLOTL)</p>
<p><strong>48.  Product myopia: </strong>Outdated marketing thinking still practiced by many who engage with prospects and clients through the lens of their own solutions. (@cjablonski)</p>
<p><strong>49.  Trapping the chicken in the courtyard: </strong>A semi-obscure “Rocky II” reference/metaphor describing the relentless and often frustrating pursuit of repeatable marketing and sales success. <em>“I feel like a Kentucky Fried idiot.” — Rocky Balboa</em> (@TLOTL)</p>
<p><strong>50.  Buyer engagement:</strong> Your goal anytime a buyer comes into contact with you. To get their full attention and immerse them into a brand experience, make sure everything you do is valuable and differentiated. (@cjablonski)</p>
<p>Below are <a href="http://www.siriusdecisions.com" target="_blank">SiriusDecisions</a> definitions I have included because they have done an amazing job of getting marketers to use their methodology and lingo. This is for the other marketers who aren’t Sirius trained and want to talk the talk (I chose the three most used terms)</p>
<p><strong>51.  MQL (Marketing qualified lead): </strong>Prospects defined by your marketing and sales organization as someone ready to pass to sales. They’re instrumental in calculating lead gen metrics, such as marketing qualified lead rate (# of MQLs/# of total marketing contacts).</p>
<p><strong>52.  SAL (Sales accepted lead): </strong>A lead that has met the basic tenets of qualification and that sales has agreed to engage. (@cjablonski)</p>
<p><strong>53.  SQL (Sales qualified lead): </strong>A prospect confirmed by sales as a true revenue opportunity and entered into the pipeline. (@cjablonski)</p>
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		<title>The Marketing Hipster Dictionary, Part I: 53 Definitions Every Marketer Should Know</title>
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		<pubDate>Tue, 26 Jan 2010 00:23:34 +0000</pubDate>
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		<description><![CDATA[Drumroll, please … Another ambitious post here: The Marketing Hipster Dictionary. When we started, I just wanted to create a post with some definitions of terms used in this blog and in the marketing space in general. Then we started having fun with some “originals.”
Before I go on, I must introduce my band. (Side note: [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F01%2F26%2Fthe-marketing-hipster-dictionary-part-i-52-definitions-every-marketer-should-know%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.funnelholic.com%2F2010%2F01%2F26%2Fthe-marketing-hipster-dictionary-part-i-52-definitions-every-marketer-should-know%2F" height="61" width="51" /></a></div><p>Drumroll, please … Another ambitious post here: The Marketing Hipster Dictionary. When we started, I just wanted to create a post with some definitions of terms used in this blog and in the marketing space in general. Then we started having fun with some “originals.”</p>
<p>Before I go on, I must introduce my band. (Side note: I love when the lead singer introduces the band at concerts. I don’t know what it is — but I get excited.) On the guitar: Tom Scearce (<a href="http://twitter.com/TLOTL" target="_blank">@TLOTL</a>). Tom is a brilliant marketer who understands marketing from brand to process. Follow him on Twitter. And on the electric keyboard: Chris Jablonski (<a href="http://twitter.com/cjablonski" target="_blank">@cjablonski</a>). Chris can do anything. Period. And he does do everything, but he is not a dilettante. He does them all really well.</p>
<p><span id="more-1042"></span></p>
<p>Ok, so here is the deal, my guitarist Tom wanted me to break this into a series. I prefer the big bang, so we compromised: The dictionary is broken into two: Today is the first 24. We will release the next 26 on Thursday. If you want to have fun and send in some, we may add it so send it over.</p>
<p><strong>1.    Marketing hipster or hipster marketing:</strong> The new bleeding-edge marketer. One of the first terms I’ve made up for this blog post but that I like a lot. If you’re doing some of the activities I’ve described below, you are a marketing hipster.</p>
<p><strong>2.    Lead qualification:</strong> People (with headsets), automation (CRM and marketing automation – yes, marketing automation) and process dedicated to contacting leads and qualifying them before passing them to sales. If you actually generate leads, you should do this. (See every other post on the Funnelholic.com). People can build this process for you like <a href="http://twitter.com/bridgegroupinc" target="_blank">@bridgegroupinc</a> or Stu Silverman (<a href="http://www.salesramp.com/" target="_blank">SalesRamp</a>), or you can outsource qualification (numerous folks, I can’t even mention). Look, this is “old school” stuff, but it works. I sell leads, and what we’ve seen from our data is that companies with lead-qualification (and lead-nurturing) processes convert better than anyone else and, ultimately, buy more leads.</p>
<p><strong>3.    Conversion rate: </strong>The rate at which a prospect advances in your marketing process. I included this because everyone assumes conversion rate means landing page conversion. That is not true. Conversion rates happen across the life of a lead: Traffic to registration conversion, registration to lead conversion, lead to opportunity conversion, opportunity to sale conversion. Conversions happen all day in your process (I hope). Track them and watch them.</p>
<p><strong>4.    Lead scoring: </strong>Seriously, make it simple: the process of determining which leads are better than others. Don’t make it bigger than that. Use data you have now to start – this isn’t hard, then use marketing automation to implement, optimize and refine. Scoring seems so daunting, but it really isn’t when you finally tear down what it really is. The humans in your “conversion chain” score all the time in their head: They call certain leads more than others because they know they will convert.</p>
<p><strong>5.    Conversion chain: </strong>I just made that up in the previous definition, so I figured I would make a definition. The conversion chain is your series of conversion points you track from the top (e.g., Google, white paper syndication) to close. That’s a cool term. If it catches on, you heard it here first.</p>
<p><strong>6.    Metrics:</strong> Numbers generated via reporting that tell you something about your current processes. Yes, it can be called reporting or just “numbers,” but remember you want to be a b2b marketing hipster, so use the word: metrics. Here’s a tip: Choose three metrics to look at every day. Look at the rest once a week.</p>
<p><strong>7.    Pay-per-lead lead generation or performance-based lead generation: </strong>This is how marketers roll today. If you haven’t jumped on the PPL bandwagon, you should. You can get performance lead generation from media companies (such as the one I work at, Tippit) where you provide some sort of content such as a white paper in exchange for registration information. The media company will determine the number of leads they will deliver and a price. You can control your CPL metrics and organize around particular quantity numbers. This is good for marketers. You can also do this with appointment-setting vendors such as <a href="http://www.green-leads.com/" target="_blank">Green Leads</a>, a firm led by one of the most active mavens on the market <a href="http://twitter.com/damphoux" target="_blank">@damphoux</a>.</p>
<p><strong>8.    Targeted email/email blast:</strong> Email is not for spam anymore. As marketers have gotten more sophisticated, they have gotten much better at outbound email. We have seen a big jump in email blasts to our database. You can blast to a third-party database (check out <a href="http://twitter.com/MarketfishCEO">Marketfish</a> for an amazing new targeted email application).</p>
<p><strong>9.     Trade show: </strong>Ah, the trade show. Let’s define a tradeshow as a broad industry event (e.g., Interop for IT), with a variety of different talk tracks, trade show booths, etc. Trade shows aren’t dying, they are just never going to be the same again. In ancient times, there were lots of tradeshows with lots of people and lots of vendors. Those days are gone. The trade shows that work are:</p>
<p>a.    Raging parties: <a href="http://www.cesweb.org/ and SxSW http://sxsw.com/">CES</a><br />
b.    Real education value: <a href="http://www.siriusdecisions">Sirius Decisions</a> in marketing is a perfect example. They really focus on the content instead of pretending to help buyers, but peddling their own goods.</p>
<p><strong>10.    Live seminars: </strong> These can fall victim to the same symptoms as trade shows. The time commitment to travel ratio is minimized and the focus (not trying to be something for everyone) is compelling.</p>
<p><strong>11.    Lunch and learns:</strong> These are the same as live seminars but are shorter and with less content. Lunch and learns are small local, lunch events typically put on by vendors. They get 10 people, so the ROI is debatable.</p>
<p><strong>12.    Maven: </strong>Two years ago, I admit I had to look this one up. Here is the best technical <a href="http://en.wikipedia.org/wiki/Maven ">definition</a>: “A maven is a trusted expert in a particular field, who seeks to pass knowledge on to others. The word maven comes from the Hebrew, via Yiddish, and means one who understands, based on an accumulation of knowledge.”  A number of factors have made the role of the maven uber-critical in your life:</p>
<p>a.    The role of third-party/thought leadership content in effective marketing practice.  In other words, take a look around and you will find the best marketers incorporating the work of thought leaders and mavens instead of product sheets and data sheets.<br />
b.    Social media: the maven has gone from obscurity (only writing books and speaking at seminars) to global popularity with social media (Twitter in particular) and blogging. When I am doing research in my field, I go to my favorite mavens such as <a href="http://twitter.com/ardath421">@ardath421</a> or <a href="http://twitter.com/@brianjcarroll" target="_blank">@brianjcarroll</a> in marketing (there are more obviously, but I need to restrain myself)</p>
<p><strong>13.    Maven marketing: </strong>I just made this phrase up too, and I’m hoping it sticks. Today’s marketer does two things with mavens:</p>
<p>a.    Courts and/or works with mavens to create helpful buyer materials that don’t necessarily ever mention their product – that’s right. Mavens get more downloads than you and are TRUSTED. Today’s buyer trusts two people: their peers and their mavens. Those two groups far outweigh the vendor.<br />
b.    Creates mavens from their organization. Here’s one for all those people with social media budgets. Start by creating an internal maven. Here’s an example from the marketing industry: Mike Volpe (<a href="http://twitter.com/@mvolpe" target="_blank">@mvolpe</a>), VP at <a href="http://www.hubspot.com" target="_blank">Hubspot</a>, has 15,872 people who follow his every move on Twitter. They read him, respect him and re-Tweet him. That’s hipster marketing.</p>
<p><strong>14.    Marketing automation: </strong>This is an emerging software category offered by a plethora of vendors intended to consolidate, systematize and improve your marketing efforts. For some it’s nothing more than an email tool on steroids; for others, it’s delivering on the promise. Check out @cjablonski for more.</p>
<p><strong>15.    Content marketing:</strong> An Internet-spawned phenomenon embraced by B2B marketers. It has unleashed a torrent of information intended to build vendor thought leadership by way of educating the customer until sold on the brand. See @cjablonski.</p>
<p><strong>16.    Social media marketing: </strong>The marketing trend du jour with vendor outposts proliferating across social networking sites as they join communities and conversations in the effort to build awareness, drive sales and get people to talk about them. See @cjablonski.</p>
<p><strong>17.    Sales 2.0: </strong>I grabbed a technical definition from <a href="http://www.insidecrm.com/features/sales2-improve-business-112508/">InsideCRM.com</a>: “Sales 2.0 brings together customer-focused methodologies and productivity-enhancing technologies that transform selling from an art to a science. Sales 2.0 relies on a repeatable, collaborative and customer-enabled process that runs through the sales and marketing organization, resulting in improved productivity, predictable ROI and superior performance.” What matters to you is that there are killer tools that make sales better. An example is <a href="http://www.connectandsell.com" target="_blank">Connect and Sell</a> which is a new-age auto-dialer that guarantees sales connects. Why does that matter to a marketer?<br />
a.    It’s a great tool for your lead-qualification team.<br />
b.    The biggest lag on your conversion rates come from sales connecting with your leads. Offering them tools to be more effective is a win for you. Period.</p>
<p><strong>18.    Thought leadership: </strong>In a world full of information and “me-too” solutions, you need to differentiate and boost your signal-to-noise ratio through the delivery of expertise and original knowledge that your audience cares about. Tap your mavens for this. See @cjablonski.</p>
<p><strong>19.    White paper syndication:</strong> Your marketing assets reside on your Web site, but you can get a lot more mileage out of them if you make them available from relevant sites across the internet. Vendors like Tippit can get your content into the right hands to help spread your message and build the top of your funnel. See @cjablonski.</p>
<p><strong>20.    BANT (Budget Authority Need Timeframe): </strong>A qualification methodology, or information that must be gathered or agreed to before passing a lead to sales. BANT is an age-old tradition that is coming back in vogue (big-time). Note to self: BANT is not something you achieve in lead generation (don’t put timeframe on forms) but in lead qualification.</p>
<p><strong>21.    Personal branding: </strong>This concept is not new, and not unique to marketing. But every marketer needs to understand it and practice it. Interacting with the world through a well-defined “brand of you” gives you a unique perspective on how people engage those other brands that you are paid to promote. See @TLOTL.</p>
<p><strong>22.    Mass expertization: </strong>A rapidly growing population of people, typically with commercial or status-driven agendas, publishing original content drawn from their experience, for the consumption of peers and/or prospective business partners. See @TLOTL.</p>
<p><strong>23.    Webcast, Webinar or Web Seminar: </strong>A webcast is a presentation delivered over the Internet so that prospects can watch instead of read. Webcasts are typically an hour long and involve a PowerPoint presentation. Webcasts should not be confused with video. Yes, you can use video, but that is not your typical use-case for a webcast. Webcasts are great vehicles for education, lead nurturing, thought leadership and quantifiable lead generation.</p>
<p><strong>24.    Optimization:</strong> Overused marketer term but critical nonetheless. Every element of your demand-generation process has hidden pockets of opportunity to improve. Don’t think so? Hire a consultant or design thinker to review your content and your strategy and listen in disbelief. See @cjablonski.</p>
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