The Angles ReportTM: Marketing Automation ke1 8 Marketing PAUL Automation ANGLES September 2015 (310) 954-9710 | Angles-Inc.com | © 2015. AnAglens, gIncle. Asll R-iIgnhtcs R.cesoervmed 1 The Angles Report™ Marketing Automation Table of Contents Introduction ................................................................................................................................. 5! Industry Scorecard and Analysis ............................................................................................... 8! Summary ........................................................................................................................... 8! A Big Budget Without a Great Process Is Worthless. .................................................... 10! Not All Winners (or Losers) are Created Equal. ............................................................... 11! How to Be a Winner. ....................................................................................................... 15! Company Scorecards & Analysis ............................................................................................ 24! CallidusCloud (cid:2) ............................................................................................... 25! Constant Contact (cid:2)(cid:2)(cid:2)(cid:2) ......................................................................................... 30! Eloqua (cid:2)(cid:2)(cid:2)(cid:2) .......................................................................................................... 36! Emma (cid:2)(cid:2) ........................................................................................................... 41! eTrigue (cid:2) ......................................................................................................... 46! HubSpot (cid:2) ....................................................................................................... 50! iContact (cid:2)(cid:2)(cid:2)(cid:2) ........................................................................................................ 55! Infusionsoft (cid:2)(cid:2)(cid:2)(cid:2) ................................................................................................... 60! Leanplum (cid:2)(cid:2)(cid:2) ...................................................................................................... 66! MailChimp (cid:2)(cid:2) .................................................................................................... 71! Marketo (cid:2)(cid:2)(cid:2)(cid:2)(cid:2) ........................................................................................................ 76! Pardot (cid:1)(cid:1)(cid:1)(cid:2)(cid:2) ........................................................................................................... 82! RedPoint Global (cid:2) ........................................................................................... 88! Sailthru (cid:2)(cid:2) ......................................................................................................... 92! Salesfusion (cid:2)(cid:2)(cid:2) ................................................................................................... 97! SALESmanago (cid:2)(cid:2) ........................................................................................... 102! SharpSpring (cid:2)(cid:2) ............................................................................................... 107! Silverpop (cid:2)(cid:2)(cid:2) .................................................................................................... 112! StreamSend (cid:2) ............................................................................................... 118! VerticalResponse (cid:2)(cid:2)(cid:2) ....................................................................................... 123! (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved iii The Angles Report™ Marketing Automation Zoho (cid:1)(cid:1)(cid:1)(cid:1)(cid:2) ........................................................................................................... 128! Methodology ............................................................................................................................ 133! What We Do. ................................................................................................................. 134! About . . . .................................................................................................................................. 135! Paul Angles ................................................................................................................... 135! Angles, Inc. .................................................................................................................... 135! (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved iv The Angles Report™ Marketing Automation Introduction As an online marketing agency that guar- “The results are shocking. antees performance, “How do we trust what you’re recommending?” is one of the Companies we expected to do most common questions clients and pro- well didn’t and flopped for rea- spective clients ask us. sons that we hadn’t consid- This is exactly the right question and you should be asking it of whoever manages ered.” your online marketing, even (or especially) if it’s you yourself. Our answer is this book. Over the years, we’ve had documented successes for many clients in many industries. In paid search, we grew one client’s sales by 20x. In email marketing, we’ve doubled and tripled sales, even growing one client by 45x in just one year. All good, but we obviously can’t discuss the specifics of client programs without violating non-disclosure agreements. However, we can share the lessons and insights that have allowed us to achieve such dramatic results. No one has ever attempted a book like this before. We’ve taken the thinking and the strategies that have worked consistently for our clients and systematically applied them to an entire in- dustry. In doing so, it becomes readily apparent which companies have their act together and which ones don’t. Who’s following best practices and who’s just a follower. Who’s a winner and who’s a loser. Presenting The Angles Report™. The Angles Report is a simple idea with pro- found implications. We’ve zeroed in on a highly “A simple idea with competitive industry. Documented how each profound implications.” company markets itself. Applied the rigorous analysis that we conduct on our own work for our own clients1. Determined objectively which companies market best at every step of the process. And shared the findings. So that by seeing what works and what doesn’t, you can apply our findings to your own pro- gram and quickly improve your own performance. 1 Technically, we only applied a subset of our standard analysis in The Angles Report because we only used publicly-available data. For our own clients, we use their confidential analytics and other data and our reports and recommendations go into far greater depth. (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 5 The Angles Report™ Marketing Automation To ensure that our first issue is of maximum benefit to our readers, we’ve started with the mar- keting-automation industry, those companies whose very value proposition is to make it easier and less expensive for other companies to turn online traffic into leads and then into custom- ers2. They make the tools that we and our clients use daily, so it stands to reason that they should be better at using those tools than anyone in the world. We followed the paths from 21 marketing-automation companies’ ads on Google AdWords to their landing and confirmation pages to their email and phone follow-up with leads. We docu- mented every interaction with screen shots and voice transcripts. We then scored and ranked each company to determine who does what best – and worst. The results are shocking. Companies we expected to do well didn’t and flopped for reasons that we hadn’t considered. While one company was a clear winner overall, even it fell short on a number of dimensions. All of the companies profiled could, by refining just a few parts of their marketing process, dramatically increase their scores and their business results. And, by extension, so could any marketer reading this report. Why The Angles Report™ Matters. Web marketing is a winner-take-all proposition. Being in first place overall is a tremendous strategic advantage because you’ll acquire more customers than your competitors and a tre- mendous financial advantage because they will be more profitable customers. Getting our clients into first place is the reason our agency exists, but getting there requires more than just outspending the competition. It requires a fully-optimized, four-phase process, each of which can be broken down into numerous smaller pieces: 2 We deliberately did not include display advertising, social media, retargeted advertising, organic search engine optimization, affiliate programs, Yahoo! or Bing search, Facebook, email prospecting, real-time bidding, content marketing, and native advertising. The marketing campaigns of many of the companies profiled in this report are so extensive that documenting them adequately would require entire book or even multiple books per company. In- stead, we’ve focused on the narrowest program that we felt is representative of the whole. Companies that get this process right can confidently project the results onto other areas of their marketing. (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 6 The Angles Report™ Marketing Automation As the following example illustrates, increasing the website conversion and lead conversion rates by just 10 percent, a marketer can receive much more sales from Google (and other sources) while generating far more profit on each sale: This ultimately is why The Angles Report matters: by applying best practices across the board, even small marketers can cut costs, increase sales, and maximize profits. − Paul Angles (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 7 The Angles Report™ Marketing Automation Industry Scorecard and Analysis Summary If you’re feeling overwhelmed by the world of marketing automation, wary of vendors’ extrava- gant promises, and confused by the buzzwords and jargon, take heart: You’re not alone. In the first-of-its-kind study of the online marketing programs of 21 top marketing-automation vendors, we came to an inescapable conclusion: Most are just as confused as everyone else. Here’s some of what we found after 12 weeks of research: • A big budget isn’t enough to make a search program successful. • Most marketing-automation companies don’t practice what they preach. • Almost every company does some really dumb things that cost them a surprising amount of sales and revenue. • Companies that sell software for inbound marketing are pathologically allergic to out- bound marketing, to picking up the phone and calling prospects. Marketing Automation: A Relevant, Growing Industry. We focused on marketing automation for the first issue of The Angles Report™ for a very sim- ple reason: We and our clients use marketing-automation software every day for online market- ing, email distribution, lead capture, data collection and analysis, so the methods and messag- es they use are designed specifically to work on people like us. Marketing-automation compa- nies tend to be thought leaders in this space and they have exposure to a wide range of cam- paigns, techniques, and tricks every day. Simple osmosis should make them great marketers. Industry: Marketing Automation Average Unique Visitors/Month 2,181,695 Total Unique Visitors/Month 37,088,807 Average Monthly Budget $119,228 Total Monthly Budget $2,503,790 Marketing automation also has become big business, with a range of companies large and small. This corresponds nicely to a lot of marketers. You may not have a six-figure budget to work with but that doesn’t mean you can’t learn from companies that do. Or, you may have an eight-figure budget in which case you’re right to be paranoid that smaller companies are out- performing you right and left. (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 8 The Angles Report™ Marketing Automation Each month, our survey set of 21 companies attracts approximately 37 million unique visitors and spends $2.5 million on Google AdWords. (See above.) Most, but not all, of these compa- nies purchase the very expensive category keyword “marketing automation” for as much as a $16.40 cost per click. Each day, there are about 400 searches conducted for “marketing auto- mation.” On average, the monthly paid-search budget for the companies researched was $119,000; with one spending as little as $4,750 while another shelled out $711,000. The average number of unique visitors each month was 2.1 million; there were 25,000 at the low end and 25 million at the high end. (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 9 The Angles Report™ Marketing Automation A Big Budget Without a Great Process Is Worthless. No matter the company size or scope of “We scored each company its online marketing program, we as- sessed how well each executed a well- for 200 metrics that were de- established process: Advertise, capture signed to be as objective as data, engage and convert. (See p.6.) To evaluate that process, we examined possible. companies’ paid-search ads, landing and confirmation pages, and their follow-up with leads. We scored each company for 200 metrics that were designed to be as objective as possible. (See Methodology for details.) The total scores for all 21 companies researched produced The Angles Report™ company rankings, a profile of the average marketing-automation vendor (See average score below.) and companies executing best practices (See winners below.): Average Winners Score Paid Search Program Scope 3.86 Constant Contact, Infusionsoft, Zoho Category Keyword 8.14 Eloqua, Marketo Category Focus 3.29 Emma, Leanplum, Marketo Paid Search Total 15.29 Marketo Landing Page Technology 2.64 HubSpot, Marketo, VerticalResponse Page Attributes 6.57 iContact Form Design 1.19 8-way tie Landing Page Total 10.40 Marketo Confirmation Page Copy 1.19 Zoho Design 2.26 Marketo Confirmation Page Total 3.45 Zoho Follow-Up Email 8.23 Marketo Phone 0.67 Constant Contact Follow-Up Total 8.90 Marketo Overall 38 (out of 100) Marketo Overall, the companies we researched performed best with their search programs, the first of the four-phase online marketing process. The weakest part of their downstream processes, on average, was the confirmation page. Marketo ranked first in three out of four categories, scor- (310) 954-9710 | Angles-Inc.com | © 2015. Angles, Inc. All Rights Reserved 10
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