Monthly Archives: October 2009

Is Content Marketing the New PR?

Today my article on Content Marketing was published on the Genius.com blog, and I wondered whether I could visualize how Content Marketing is different from traditional public relations and advertising. I came up with two low-fi sketches. I’m interested to hear your opinion on these visualizations.

The OLD Situation

old-style pr instead of content marketing

This visual reads from the bottom up: as a marketing manager, you hire a PR agency and an Ad Agency. You give them a briefing, and they create press releases and advertisements that tout your products. They use a lot of superlatives: “easy to use”, “seamless integration”, “powerful” and so on. This is blasted out to a mass audience. Ad Agencies can just buy the ad space to get eyeballs, but you pay dearly for it. PR Agencies blast it out to journalists, try to get some journalists on the phone, and hope they write an article about it.

The NEW Situation

content marketing as the new pr

In the new situation your read from the top down. You start defining the personas that you target, and you find out how to reach them through Social Media. You choose the mix of channels that they prefer (ebooks, webinars, video, blogs, podcasts, and so on) and create compelling content. As you get feedback from the prospects, you refine your content in an iterative way.

Black and White

This is a very rough comparison, and it’s easy to come up with objections. For example, in the old situation you were also thinking about your audience, you just didn’t have all the tools to narrow down the audience. And in the new situation it looks like to can do it yourself: however, you probably still need an agency for strategy and/or graphic design. Despite the shortcuts, I hope the images illustrate why Content Marketing is so popular. Let me know your take!

Why Are Marketing Automation Managers So Hard to Find?

Even though some vendors have been around for almost 10 years, Marketing Automation is still relatively new. According to Forrester, only 2-5% of B2B firms have invested in full-featured Marketing Automation. But that percentage is rapidly growing. Increasingly, B2B companies realize that Marketing Automation software requires skilled operators. But – if you decide to hire a Marketing Automation manager – what should you look for, and where do you find them?

Note: if you’re looking for a Marketing Automation job, check out the positions below…

Inspiration: Web Analytics 5 Years Ago

New technology requires people with a new set of skills, nothing new about that. The situation with Marketing Automation reminds me most of Web Analytics. In the early days, Web Analytics was touted as the tool that has all the answers. But as Web Analytics guru Avinash Kaushik described, the 10/90 rule applied: for every dollar you spend on a tool, you need to spend 9 dollars on analysts to get the most out of the tool.

If you believe in the 10/90 perspective, it’s suddenly much more important to hire the right people. Avinash has great advice for that in his Signs You Are a Great Analyst blog post. But that’s for web analysts. Let’s try to get a similar list for Marketing Automation managers.

Marketing Automation Jobs

Marketing Automation is really just starting. There are relatively few specialists today. But I see more an more job descriptions for Marketing Automation Managers appear. These are some recent jobs:

When I talk to the hiring managers, they often tell me it’s hard to find suitable candidates, because very few people have all required skills. So let’s first take a look at which skills are typically required, inspired by the job profiles above.

Marketing Automation Job Requirements

First of all, in most cases the person is responsible for lead generation, lead nurturing and lead scoring. These are common job requirements:

Experience with:

  • Marketing Automation software
  • Sales Force Automation software (primarily Salesforce.com)
  • Database management (segmentation, reporting and maintenance)
  • Email Marketing
  • List acquisition and import
  • Website management and basic HTML
  • Organic and paid search campaigns
  • Data analysis, reporting and business intelligence
  • Optimization & A/B testing, Continuous improvement

Required skills:

  • Analytical and metrics-focused, Excel skills
  • Technically savvy, comfortable with software applications
  • Understanding of business needs (incl. sales & marketing processes)
  • Good communicator, and ability to communicate with a non-technical audience

That sounds pretty challenging to me!

Challenge 1: Analytical Skills Required

Of your high school or college friends, how many were into mathematics and statistics? It my class it was a minority. And that’s just the minority that we need as Marketing Automation managers: people who are good with numbers and heroes with pivot tables. And ideally they’re also good with software applications and can do a little bit of HTML coding.

Challenge 2: Marketing & Sales Skills Required

These analytical skills need to be applied to solve business problems. A thorough understanding of sales & marketing processes is required. This is especially important because sales & marketing collaboration is often a bottleneck when implementing Marketing Automation. The marketing automation manager should just as easily talk to a sales person as to a web developer.

Challenge 3: Experience With 10+ Systems Required

And last but not least: it would be great if the marketing automation manager has experience with the systems that are used in marketing. In addition to a marketing automation systems, these are usually CRM systems, content management systems, pay-per-click systems and reporting applications. And this is not just familiarity with the tools, but also experience with the most common tasks like data acquisition, import, cleanup, testing and reporting.

My Conclusion: Learn From Management Consulting

Today, there are simply not enough people with the right skills and experience. My suggestions is to look at how strategy consultants like McKinsey have solved this problem. Hire associates just out of college, pay them well, coach them, let them work really hard and they grow into experienced Marketing Automation managers within a couple of years. Problem solved?

What is your take? How do we find enough people to support the Marketing Automation revolution?

MarketingSherpa B2B Marketing Summit Boston

Monday and Tuesday I’m attending the Boston MarketingSherpa B2B Marketing Summit. About two weeks ago I attended the San Francisco event, which had a similar program and exhibitors. In this post some thoughts about the program…
First of all, the best thing about this event is that the speakers are marketing practitioners, not vendors. This ensures that you get lots of real-life advice. However, there are also many different perspectives, and it’s not always easy to link them together. But, that can easily be addressed:
Classify the Topics
Having seen many of the presentations in San Francisco, I found it useful to classify them in three main categories:
Lead Generation
Lead Management
Content creation
The first is obviously focused on getting more leads into your database, while the second topic focuses on nurturing those leads. Many marketing organizations now realize that both these activities are more successful if they use attractive content, so that is also addressed in a couple of sessions. I tried to classify every session, and that made it easier for me to distill best practices.
The Review Sessions Are Recommended
I can also recommend the introduction and review sessions led by Flint McGlaughlin, Stefan Tornquist, Sean Donahue and Brian Carroll and of MarketingExperiments, MarketingSherpa and InTouch (all part of the MECLABS group). They do a great job synthesizing all ideas.
Favorite Session
My favorite sessions was presented by Maureen Thorman of National Instruments about customer segmentation based on web traffic: unfortunately this sessions will not be presented in Boston, that’s a bummer.
The Marketing Automation Vendors
My specialty is Marketing Automation Consulting, and many of the vendors were attending with a booth. In Boston the following Marketing Automation vendors are worth a visit (in order of booth number):
Pardot (booth 1)
Manticore Technology (booth 2)
Silverpop Engage B2B (booth 4)
Marketo (booth 6)
Genius.com (booth 7)
Marketbright (booth 14)
Hubspot (booth 16)
Neolane (booth 19)
Twitter & Questions
I will try to tweet as many sessions as possible at the LeadSloth Twitter page. Let me know if you have any questions via Twitter or email (jep leadsloth com).  And if you’re attending, let’s connect (see my picture on the right).

marketingsherpa b2b marketing summitMonday and Tuesday I’m attending the Boston MarketingSherpa B2B Marketing Summit. About two weeks ago I attended the San Francisco event, which had a similar program and exhibitors. In this post some recommendations for the program…

First of all, the best thing about this event is that the speakers are marketing practitioners, not vendors. This ensures that you get lots of real-life advice. However, there are also many different perspectives, and it’s not always easy to link them together. But, that can easily be addressed:

Classify the Topics

Having seen many of the presentations in San Francisco, I found it useful to classify them in three main categories:

  • Lead Generation
  • Lead Management
  • Content creation

The first is obviously focused on getting more leads into your database, while the second topic focuses on nurturing those leads. Many marketing organizations now realize that both these activities are more successful if they use attractive content, so that is also addressed in a couple of sessions. I tried to classify every session, and that made it easier for me to distill best practices.

The Review Sessions Are Recommended

I can also recommend the introduction and review sessions led by Flint McGlaughlin, Stefan Tornquist, Sean Donahue and Brian Carroll and of MarketingExperiments, MarketingSherpa and InTouch (all part of the MECLABS group). They do a great job synthesizing all ideas.

My Favorite Session

My favorite session in San Francisco was presented by Maureen Thorman of National Instruments about customer segmentation based on web traffic: unfortunately this sessions will not be presented in Boston, that’s a bummer, because they used very advanced web analytics to improve the conversation with prospects and customers.

The Marketing Automation Vendors

My specialty is Marketing Automation Consulting, and many of the Marketing Automation vendors have a booth. In Boston you should definitely stop by at the booths of the following Marketing Automation vendors (in order of booth number):

Twitter & Questions

I will try to tweet as many sessions as possible at the LeadSloth Twitter page. Let me know if you have any questions via Twitter or email (jep leadsloth com).  And if you’re attending, let’s connect (see my picture on the right)!