Roi Marketing Research Paper
Essay by people • August 14, 2011 • Research Paper • 2,864 Words (12 Pages) • 1,894 Views
ACQUIRE
NURTURE
MEASURE
OPTIMIZE
STRATEGIC MARKETING SERIES
ROI MARKETING V2.0:
THE OPPORTUNITY FOR GROWTH
IN A RECOVERING ECONOMY
By Rick Whitmyre
Preface
In 2006, we discussed a new marketing process
for growing B2B companies in a presentation to
the Albany Chapter of the American Marketing
Association. Called ROI Marketing, it enabled
marketers to utilize a company's knowledge and
content to acquire leads and then nurture them
to sales in a highly measurable way.
Since then, we've learned a great deal as our
clients have implemented this process with
startling results.Theory has become reality.
Technology has expanded capability.Today,
ROI Marketing is achieving far greater returns
than we imagined 3 years ago.
This paper updates our learning about this
exciting marketing opportunity and offers
examples of its powerful ability to achieve
measurable growth as the economy emerges
from recession.
ROI MARKETING V2.0 1
ROI MARKETING V2.0
Introduction
The onslaught of new technologies in the digital age has overwhelmed many B2B marketers.With the
advent of tools such as social media, search engine optimization, email campaign management, CRM, and
performance marketing just to name a few, many marketers have been pushed outside of their comfort
zone into a digital never-never land. For some, the daunting task of integrating these tools with traditional
marketing programs to form effective lead generation and brand building strategies has created an almost
impenetrable barrier to their adoption.
In 2005,Tiziani Whitmyre, Inc. developed an easy to implement process called ROI Marketing that
employed these powerful Internet-driven technologies to accelerate lead acquisition and increase
conversion into sales. It embraced the B2B market's thirst for knowledge by using content marketing
as a way to stimulate prospect response.And it harnessed the measurability of Web-based analytics.
When implemented, ROI Marketing has achieved dramatic results in capturing new prospects and
building sales across a wide range of B2B companies and markets.
The Beginning
In 2004,my partner, Bob Tiziani, and I reached a point in our business when it felt like we were flying
blind. Interesting, yet frightening things were occurring in the way audiences were responding to our
marketing campaigns.We noticed that many of the traditional forms of marketing were losing their
impact. Direct mail was thrown in the trash. Print advertising was ineffective as a lead generation vehicle.
Trade show halls were empty. So we started to explore why the relationship between the seller and the
prospect had dramatically changed.
To begin, we looked back at the dynamics surrounding the rise of the Internet.We observed that despite
the exciting new opportunities that arrived with Web-based technologies, our approach to marketing
hadn't changed. We continued to use big marketing budgets that blasted our prospects with messages
and then hoped feverishly that some of them would stick.We carpet bombed our audience with
advertising and direct mail.We spent lavishly at trade shows.We built huge fulfillment infrastructures
with warehouses stuffed with literature.We threw all of these tactics at our customers and prayed they
would respond through a 1-800 number or a magazine bingo card.
In short,we continued to implement our traditional marketing strategies, while the Internet had
changed the playing field. We had lost the vital connection to the buyer.
The Rise of the "Unknown Buyer"
As our sophistication and understanding of Internet technology increased, our Web sites began offering
more information, functionality, and interactivity.This migration to the Web moved the prospect and the
buying process into a totally new environment.
Now the customer could search and evaluate a product, participate in a demo, perform validation in a
community of interest, configure to specifications, and complete the purchasing transaction - all in a digital,
Web-based environment.That capability created what we call the "unknown buyer." B2B prospects were
ecstatic about searching and selecting products anonymously under the cloak of the Internet.These people
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ROI MARKETING V2.0
wanted 24/7 access to information, but they didn't want to talk to a salesperson.They wanted to selfmanage
the purchasing process until they decided
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