Main Insight Event 2015
Successful marketing strategies for software companies
Setting up a marketing strategy, marketing automation, and do’s and don’ts
Paleisstraat 6, 2514JA, Den Haag
Tel: +31 (0)70 324 3433
www.main.nl
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
Main Insight Event: Annual industry seminar on key industry topics:o Internationalization (2011)
o Delivery models (2012)
o Technology (2013)
o Partnerships (2014)
Growth capitalacceleration of international and scalable business models
Management Buy-outs including financing for acquisitions
Main Software 50annual ranking of the most successful software companies
Relational network,
provide leads & prospects where possible
Market researchanalyze competitors, geographic expansion strategies
Reporting & governance structureadd-on acquisitions, new credit facilities
Internationalization, partnerships strategies, recurring business models
Why Main Insight Event
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
Dr. Philip Kotler marketing definitions
“The science and art of exploring,
creating, and delivering value to
satisfy the needs of a target market at
a profit”
9
@janvanvonno
Needs, Wants, & Demands
10
Needs
Wants
Demands
A human need is a state of deprivation of some
basic satisfaction
Desires for specific satisfiers of needs
Wants for specific products that are backed
by an ability & willingness to buy them
@janvanvonno
Q. What percentage of your total marketing budget is allocated to marketing activities
aimed at buyers in the following stages of their decision-journey?
Source: IDC’s 2015 Cloud Marketing Barometer Survey, n=56
16© IDC Visit us at IDC.com and follow us on Twitter: @IDC
26%74%
Up-selling
Cross-selling
Renewals
Customer loyalty
Customer advocacy
Advertising
Acquisition
Lead nurturing
Positioning
Selling
Transformation across the customer journey
How is the customer journey balanced?
@janvanvonno
Allocation of Marketing Budgets
17Source: IDC’s 2014Tech Marketing Benchmarks Study, n=71
@janvanvonno
IDC’s CMO ROI Matrix
21
Source: IDC Chief Marketing Officer ROI Matrix, 2014
Leaders are
well funded!
@janvanvonno
25
Total 2018
Spending:
32.8B
Future View: Global marketing
technology spending ($M)
$130B
5-year
spend
@janvanvonno
Future View: Western European
Marketing Automation, Spending ($M)
27
$2.7B in European
Marketing software
spending by 2018
@janvanvonno
Western European Marketing
Automation Revenue, 2013
28
This view excludes
dominant vendors in the
Web experience and
content management
market
@janvanvonno
Where do you focus your efforts?
29
Continuous
Innovation
Orientation
Omni-
Dimension
Marketing
Platform
Serviced
Delivery
Ecosystem
Experience
@janvanvonno
Define your KPIs
carefully
Know what
you want to
achieve!
Think like a BIG
company
Be a business
person first and a
marketer second
Three Recommendations
30
1 3Automation
& Analytics
Successful
marketing is based
on data!
2
@janvanvonno
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
www.simon-kucher.com
How to profitably grow market share in SaaS?
Achieving Pricing Excellence
Amsterdam, 28 May 2015
Hayri Culum
Amsterdam office
Barbara Strozzilaan 380
1083 HN Amsterdam
The Netherlands
Tel. +31 20 75312 53
Source: Simon-Kucher & Partners
Simon-Kucher & Partners:
Worldwide marketing, sales and pricing experts
World leader in giving
advice to companies on how
to price their products
Pricing strategy
specialists
The world’s leading
pricing consultancy
In pricing you offer
something nobody else does
BusinessWeek The Economist
Professor Peter DruckerThe Wall Street Journal
Strategy
> 400
Sales
> 500
Marketing
> 500
Pricing
> 1,000
Growth and competitive
strategies
Product portfolio
(re-)design
Pricing excellence
Customer relationship and
customer value management
Sales strategies and sales
channel optimization
World leader in pricing Best consultancy in marketing and sales
>2,000 projects in the last 3 years
1 Simon-Kucher & Partners
2 Boston Consulting Group
3 McKinsey & Company
manager magazine
Global presence
AmsterdamBarcelona
BonnBrusselsCologne
CopenhagenFrankfurtIstanbulLondon
LuxembourgMadrid MilanMunichParisWarsawViennaZurich
TorontoBoston
New YorkSan Francisco
São Paulo
Santiago
Dubai
Beijing
Tokyo
Singapore
Sydney
29 offices worldwide, 750 employees
Atlanta
34Achieving Pricing Excellence in SaaS
Selected references from Simon-Kucher project experience; confidentiality agreements prevent us from naming many other major partners
We advise industry leaders from all sectors
Automotive Consumer & Retail
Alfa Romeo
Audi
BMW
Daimler
Fiat
Kia
Maserati
Michelin
Mercedes-
Benz
Porsche
Renault
Toyota
Volvo
VW
Adidas
Bol.com
Beiersdorf
Coca Cola
Ferrero
FrieslandCampina
Haribo
Henkel
MediaMarkt
Nestlé
Nikon
Office Depot
Pepsico
Warner Music
Company
Energy & Utilities Technology & Software
BP/Aral
Castrol
E.ON
Essent
EVN
Liquigas
Mainova
natGAS
Nordex
Orlen
RheinEnergie
RWE
Shell
Tank & Rast
Yello
Citrix
Fujitsu
Intel
Intuit
Kronos
Microsoft
Novell
Panasonic
Philips
RSA Security
SAP
Semikron
Sony Ericsson
TomTom
Financial Services Telecommunications & Media
Allianz
American Express
ANWB
AXA
Barclays
BNP Paribas
Citi
Credit Suisse
Deutsche Bank
GE Capital
Generali
HSBC
RBS
Virgin Money
Western Union
Betfair
Deutsche
Telekom
PayPal
KPN
Skype
Sanoma Media
T-Mobile
Vodafone
The Economist
Group
Wolters Kluwer
Xbox Live
Travel & Hospitality Manufacturing & Logistics
Accor
British Airways
Center Parcs
Europcar
Hilton
Lufthansa
Navigon
Thalys
Thomas Cook
Travelport
TUI
Virgn Holidays
Bosch
Caterpillar
De Post
DHL Express
Honeywell
La Poste
Osram
Parcelforce
Siemens
Swiss Post
Tetra Pak
TNT
35Achieving Pricing Excellence in SaaS
Source: Simon-Kucher & Partners
Achieving pricing excellence calls for action on 3 areas
What the customer
is willing to pay…
…and what we
actually getValue
strategy
Value
pricingValue
selling
Prices which are either too high, or too low
Value not defended, discounts on gut-feel
Product offerings do not fit customer needs
Typical deficiencies and leakages
36Achieving Pricing Excellence in SaaS
Source: Simon-Kucher & Partners
Create meaningful segments to provide a basis for a
differentiated portfolio, sales and pricing approach
37
Relative importance of attribute Size of customer segment
0%
5%
10%
15%
20%
25%
30%
35%
40%
Completenessof solution
Customerservice
Integration Datasecurity
Implementation speed
Uptime Price
Want price only
Want no risk
Want it now
Want the best
% of sales
23%
9%
39%
29%
Simon-Kucher
Software Example
Achieving Pricing Excellence in SaaS
CIO add-on
38
Source: Simon-Kucher & Partners
Segment-specific packaging create entry level offers
without sacrificing deal size
Buyer 1
Buyer 3
Buyer 2
Entry Packages Upsell Options
Package 1
Package 2
Enterprise
License
Package 3
Package 4
Package 5
+ Analytics
CIO add-on
Platform:
Basic
Module 1
Module …
Module n
Simon-Kucher
SaaS Example
Achieving Pricing Excellence in SaaS
Create relevant offers for different budgets
Source: Simon-Kucher & Partners
Price
Volume
Super eco
Super premium
Eco
Standard
Premium
Differentiated price
Volume
One-size-fits-all price
Price
Customers not
reached yet!
Willingness-to-
pay not exploited!
Create lean-price
product by removing
unimportant value
attributes
Enrich with valuable
elements for
demanding customers
39Achieving Pricing Excellence in SaaS
Source: Simon-Kucher & Partners
Align price with the value you deliver
Implementation
Subscription fees
Service costs
VALUE PRICE
An optimal portfolio structure… …brings the price in line with perceived value
40
Good/Better/Best All-in-one package
Basic Standard Premium
Service
package
Service
package
Service
package
Basic + service packages
Service package
Individual
service
Individual
service
Individual
service
Need based packages
ZZ
P
Am
bitie
uze
sta
rter
Tra
ditio
nal
kle
inb
ed
rijf
Tra
ditio
nee
lMK
B
Gro
ot b
edrijf
Top
acco
un
t
Ease of use
Completeness
Reporting and BI
Integration between
modules
System integration
Service Level
Customization
Data security
…
Achieving Pricing Excellence in SaaS
41
Optimized portfolio structure using quantitative
research boosts footprint
Source: Simon-Kucher & Partners
Simon-Kucher
HCM SaaS Example
Results in one year
Additional 45% new
logo growth
From 400 to 1200 new
logo customers
New implementation
partners contracted due
to booming business
Achieving Pricing Excellence in SaaS
Steer buying behavior through (un)bundling and anchoring
Source: Simon-Kucher & Partners
This also works in B2B software!
OptionPrice in
USD
% of people
choosing
Online $59
Print + online $125
Average revenue
per subscriber
OptionPrice in
USD
% of people
choosing
Online $59
Print $125
Print + online $125
Average revenue
per subscriber$80.12 $114.44
68%
32%
16%
84%
0%
Option 1 Option 2
42Achieving Pricing Excellence in SaaS
Source: Simon-Kucher & Partners
Achieving pricing excellence calls for action on 3 areas
Value strategy Value selling
Clear portfolio & pricing strategy,
aligned with strategic goals
Value defended,
performance monitored
Enablers for pricing awareness and capability development
Optimized value selling
guidelines, tools & skills
Increased cross-, up- and
deep-selling
Pro-active sales approach
& key account
management
Improved KPIs, incentive
system & monitoring
Clear strategic goals &
market positioning
Targeted customer &
product segmentation
Effective go-to market &
channel strategy
Differentiated portfolio
structure & (un-)bundling
People skills & knowledge
managementSystems & data quality
Organizational structure,
process & responsibilities
Value pricing
Optimal price levels
and structures, based on value
Value-based list price
setting
Optimized and conditional
discount structure
Monetization of
surcharges
& services
Innovated price model
and metric, aligned with
value
€
43Achieving Pricing Excellence in SaaS
Our most common project approaches
Determine differences in customer behaviors & key drivers of willingness-to-pay
Classify distinct and actionable segments
Design packaging, pricing, & messaging to align w/ segments
Drive conversion & upsell:
Facilitate product & needs discovery
Ease product selection
Create call to action
Utilize consumer psychology
Create structured discounting process, checks & balances
Improve value selling and negotiation skills
Design effective incentives & controls
Provide value-selling tools
Evaluate competitive positioning,
identify white spaces
Prioritize target markets &
channels
Develop new offerings
Customer Segmentation
Evaluate alternative pricing models
Identify optimal price metrics and contract structures
Test & measure acceptance of new models
Monetization / Price Model
Strategy
Online Sales Dialog
Maximize customer lifetime value
with packaging & pricing by…
Driving customer acquisition
Exploiting differences in customer needs & value
Encouraging up-sell & cross-sell
Packaging Strategy
Sales Force Effectiveness Growth Strategy
Apply learnings from >1,000 studies where multiple research methods were used to triangulate willingness-to-pay
Adapt proven structured interview and survey techniques, including tradeoff / conjoint methods
Price level optimization
(Subs, License, …)
Use systematic process to
identify opportunities to drive
profit, revenue, and sub. growth
Quantify and prioritize business
cases
Align on roadmap for tactical
implementation & value capture
Opportunity
Assessment & Roadmap
Source: Simon-Kucher & Partners
44Achieving Pricing Excellence in SaaS
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
BUILD A SCALABLE MARKETING ENGINE
Main Insight EventMark Appel | Global Marketing Director | Exact Software
@preciesmark
Exact Software - @preciesmarkMain Insight Event 2015
‘Create brand & product preference within our target audiences by understanding our buying personas, offer value by being extremely relevant in every stage of their
lifecycle to engage in order to provide our salesorganisation with high qualified leads.’
Exact Software - @preciesmarkMain Insight Event 2015
GrowthChurn
Inflow
Reach
Engagement
Cross-Deep-Up
Average (monthly) Sales Price
Sales Conversion %
Payback time (months)
Exact Software - @preciesmarkMain Insight Event 2015
CENTRALProgram Management
Content CreationMarketing Automation
NLPublishing
BEPublishing
UKPublishing
USPublishing
DEPublishing
FRPublishing
LOCAL
80%Global & standardized
20%Local relevance
NEWPublishing
Exact Software - @preciesmarkMain Insight Event 2015
Globally deployed per target audience
Standardized and ready-to-use and automated flows
Standardized marketing assets Standardized website pages and emails
Exact Software - @preciesmarkMain Insight Event 2015
Clear definitions
Performance based marketing
Stick to the plan, step by step
Exact Software - @preciesmarkMain Insight Event 2015
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
“RIPPED FROM THE HEADLINES”
Forbes: The Disappearing Sales ProcessTwenty-five years ago, I was but a mere snot-nosed kid out of college who suddenly decided that law school was not in the future. With a recession in full swing, and a need to pay the rent, I took the first job offered and went into sales.Having learned nothing about the sales profession in college, I picked up a copy of Miller Heiman’s Strategic Selling — still have a dog-eared copy on my bookshelf…
CEB: The Rising
Importance of Digital
. In the B2B context, CEB’s Marketing Leadership Council (MLC) surveyed more than 1,500 customer contacts (decision makers and influencers in a recent major business purchase) for 22 large B2B organizations.
In a striking finding, the survey revealed that the average customer had completed more than one-half to 70% of the purchase decision-making process prior to engaging a supplier sales rep directly .
SalesMarketing
WHAT’S GOING ON IN THE BUYERS JOURNEYSeller:
Buyer:
Awareness Educate Select Solutions Select Vendor
Conclusion:• 60-70% of the buyers journey is passed when prospects contact a direct sales:
• Role of marketing : secure touch points with target group & position in long list• Awareness creation is expensive: what is effective?
content
TeamPeers
Clarinda Dobbelaar
THE BUYERS JOURNEY & MARKETING MODEL
Clarinda Dobbelaar75
# o
f pro
spects
Buyers Journey
Corporate branding
Educational communication
Stimulating communication
Action comm
New Customers
Push marketing/Branding
(cognitive dissonance)
Pull marketing
(internet)Push & Nurture
marketing
Not Aware of any needs Aware of a pain Discover solutions Explore options Select & Buy
Direct Sales
STRATEGY: 4 CONTROLS MODEL
Clarinda Dobbelaar76
Mind
Control
Get in control of the mind of our target group.
By supporting your buying persona in each step of their buyers journey
Objective:Automatically on Long list
Get in control of the leads in the market today, tomorrow, next year.
By implementing an integrated process & systems, digital marketing & database
Objective:Identify stage in buyers journey and projects
Maximize the chance on a Win
Segment the market, define KPI’s & SLA’s for qualification in each step of the buyers journey
Objective:Qualification on ideal customer profile
Get in control of customer satisfaction
By implementing customer portfolio’s and retention strategies
Objective: Referenceablecustomers
Satisfaction
Control
Lead
Control
Win
Control
Customer
base
Quali
fied
leads
WebsitesMarketing Automation Platform(MAP) CRM
INTEGRATED SALES AND MARKETING PROCESS
Aware of need/painUnaware of any need Discover solutions Explore options Select Buy Implement UseBuyers Journey:
•Portfolio management
• GTM kits
•Content Marketing
Portfolio
Marketing
•Branding/PR
•Solution messaging
•Analyst recognition
Mind Control•Database
enrichment
•In- & Outbound lead gen.
•Lead scoring
Lead Control
•Behavior based Nurture
•BDR’s
• Hand over to Sales
Lead Nurture & First appointments
•RFX
•Demo’s
•Negotiating
•Contract
Win Control
•Account Management
•Retention Programs
Satisfaction Control
Clarinda Dobbelaar
DEMAND GENERATION ‘WATERFALL’ : KPI’S & SLA’S
78
Target Accounts
Sales Qualification
Close
Automated Qualified Leads
BDR Generated
Appointment
Sales Generated
Opportunity
Sales Accepted
Opportunity
Sales Qualified Opportunity
Won Business
New Business Development Accepted Leads (BDR’s)
Marketing Qualification
Inquiries
Website requests (inbound) Responses to DM (outbound)
Database is key:
Target accounts with
addressable contacts
KPI KPI
KPI
KPI
KPI KPI
KPI
KPI
Lead Score on profile
Lead Score on
behaviorBased on SLA
Based on SLA
All KPI’s are measured through SFDC
BDR Qualified
AppointmentKPI
Clarinda Dobbelaar
EXAMPLE BWISE: FROM STRATEGY TO PRACTICE
Clarinda Dobbelaar79
Meet our buying persona’s:
Clarinda Dobbelaar80
Difference?
True integration of sales & marketing process and alignment with Product Management
RESULTS
Benchmark Forrester: 80% of all the
sales
opportunities
are initiated by
Marketing
My results:
Other results:• Strategic: By controlling the leads, we changed the organization
• Tactical: Provide sales management with insights on performance by sales region, sales rep and product
• Operational: Provide sales reps with a consistent backfill of pipeline and in-depth insights on their territory
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks
OnGuard in a nut-shell
Leading provider in software for :
• Cash allocation
• Credit management
• Collections management
• Complaints management
20 years of global experience
Optimising Working Capital through Customer Intimacy
Moving to Marketing 2.0
85
• Buying behaviour is changing:
– Experiences as a consumer
– Risk aversion
– Availability of information
• Buyer is in control of the process
16/06/2015
Know your market
86
• Buyer Personas
• What is a typical profile?
• What triggers them?
• What are their needs & wants?
• Make it visual
16/06/2015
Ronny the Regional• Age: 40+• Job title: regional credit manager, director of credit, global credit manager, credit manager
EMEA,• Roles: accountable / responsible, decider, champion, sponsor, sparring partner, roadblock• Company sizes: Medium, Large, Multinational
Characteristics:• “Invented” credit management• Seeks recognition for his knowledge rather then “other ways”• He is the go – to – guy, he’s always right• Judgemental, quick on the draw, with a large ego• Part of one of the associations, really present at networking events
Goals & challenges:• Obtain targets from all regions to keep reputation spotless• Overview into what’s working with the separate teams• Report the right thing at the right time to the CFO and directors• Translate his knowledge and expertise into a tool
Loves OnGuard because:• It gives him the flexibility to translate his policies and needs into action• It allows him to prove and improve local and regional credit management ROI• He is close to a vendor which actually listens to what he has to say
Social networking sites: • LinkedIn user, active listener and moderate commenter
What Ronny needs & wants• Respect for his knowledge, expertise and
experience in the field of collections• Draw his own conclusions based on the
information provided• Give him the perception of coming up with the
specific setup, solutions and way to go• Involve him, bring him along for the ride, get
beside him versus across the table• Bring facts, figures and numbers supporting
your assumptions
Primary
Giving back
88
• Get found with great content
• Define
– By persona
– By buying stage
• Get it out there
– Website
– Social
– Partners
16/06/2015
Customerisasking:Theyare:
Theywant:
Wanttosharewiththem:
7quickwinsyougetfromcallingoveremailing
yourcustomers(WP)
Articledonothing(NP) Customerscoringw/links(NP) Quotations Referenceecasesdividedperbestroletofit
to
5stepsforsavingtimeincreditmanagement
(NP)
5Calculationsnocreditmanagershoulddo
byhand(WP,NP)
CMSWERPintegration,factvsficiton(NP) Referencecases OnGuardExpertise(eB)
10essentialsforcreditmanagement(WP) Buildingthebusinesscasecontent(eB) Howtobuyguide(eB) Functional&Techincaldescriptions
IntroductiontoCMSW(eB)
Speakingthesamelanguageininternational
creditmanagement(WP)
Usinginternalandexternalinformationfor
360(NP)
Buildingthebusinesscasecontent(eB) Quotations OnGuardExpertise(eB)
Informedcreditmanagementwithexternal
sources(NP)
Insightincreditmanagement(eB) IntroductiontoCMSW(eB) Referencecases Functional&Techincaldescriptions
Drillingintointernalsourcesofinformation(NP) Howtobuyguide(eB)
IntroductiontoCMSW(eB)
Quotations OnGuardExpertise(eB)
Functional&Techincaldescriptions
SystemRequirementsConn.ICMS(WP) OnGuardExpertise(eB)
OnGuardExpertise(eB)
Shapesofcontent: eB:eBook(guides,b.practices) WBN:Webinar MI:Marketinforeuse TL:Tool(onlinetool)
WP:Whitepapers(longform1-5p) EV:Events(offline) TP:Tradepublication RE:Research
NP:News/blogpost(shortform) IA:Industryanalysis RC:Referencecase
ContentMatrix:whatcontentdowehaveforBuyerPersona'sineachstage?
BentheBuyer
TomtheTechy
DannieletheDecider
Areyourightforme?GuidingSolutionValidation
Stage3:CredentialsanddecisionsupportPricing,Benchstrengthdemonstration,Casestudies,ROI/TCO,How
tobuy,Workingwithus
LennytheLeader
Ronnythe
Regional
What'smyproblem?BuildingAwareness
Stage1:EducationandThoughtleadership
Trends,Benchmarks,Analystcoverage,101Education,Howtoguides,
Howareotherpeoplesolvingthis?
Howdoifixmyproblem?Facilitatingdiscovery
Stage2:SolutionsandproductsuitabilityWhatisitandhowdoesitwork?,Solutioncomparisons,Pitfall
analysis,Readinessandsuitabilityassesments,HowdoIchoosea
CollintheCollector
FreddytheFinManager
89
Defining success
91
• Measure, measure, measure
– Sales Qualified Leads
• Outbound vs inbound
– Pipeline generated
– Activity volume
– Activity effectiveness
• Outbound & inbound
16/06/2015
Inbound vs Outbound debate
92
• How effective is cold-calling really?
– 500 cold calls to get to a deal
• Following up warm leads is better
– But sometimes too late
• Ultimate goal:
– Majority inbound traffic (educated by OnGuard)
– Cherry pick on outbound
16/06/2015
Summary
93
• Understand your customers
• Build your marketing processes
– Goals
– Content
– Tools
• Measure and improve
16/06/2015
Marketing is a contest for
people’s attention
Seth Godin
Get in touch
OnGuard.com
@mfaceyonguard
+31 (0)6 507 489 07
Timetable
Chairman of the day: Pieter van Bodegraven (Partner Main Capital)
14.30-15.00 Welcoming reception
15.00-15.10 Introduction: Main Capital Charly Zwemstra (Managing Partner)
Welcome and opening Main Insight 2015
15.10-15.30 Speaker: IDC Jan van Vonno (Senior Research Analyst)
Theoretical perspective on marketing and industry statistics
15.30-15.50 Speaker: Simon Kucher Hayri Culum(Senior Director Benelux Software & Pricing expert)
Pricing excellence for software companies
15.50-16.10 Coffee break
16.10-16.30 Speaker: Exact Mark Appel (Global Marketing Director Cloud Solutions)
Setting up a marketing strategy for cloud companies and using content marketing to adress specific client segments
16.30-16.50 Speaker: Nasdaq Clarinda Dobbelaar (Head of Demand Creation & Portfolio Marketing)
How demand creation marketing can grow your business
16.50-17.10 Speaker: OnGuard Michael Facey (Head of Marketing and Product Management)
In practice: The marketing strategy of OnGuard
17.10-17.30 Q&A
17.30-19.00 Networking and drinks