09.29.09

Understanding The Myths Of Internet Marketing

By Jim Berkowitz

Here's an excellent post from the folks at Leftbrain Marketing Automation, a Marketbright Partner, 5 Common Myths About Marketing Automation:

Myth # 1 - It's Easy
Marketing automation has numerous components, including strategy, program messaging, design and execution (work inside the application), integration with other systems, layout and design, and reporting. Depending on your particular background and skill set, some of these requirements may be more or less challenging, but none of it is "easy."Sure, pushing a button that spits out click-thrus and opens for your most recent email blast isn't tough. However, figuring out the precise data you need to make significant business decisions and then building a customized report to capture it involves a fair amount of work.

Automation is unique because unlike most areas of marketing where you can parlay past experiences, marketing automation requires subject-matter expertise. Lead nurturing, the backbone of marketing automation, is not an activity that most B2B marketers have done in the past?and if they have, it's been at an extremely rudimentary level. The concept isn't too difficult to grasp, but taking that high-level concept and determining how many touches, what frequency, and which collateral is far from obvious.

Put it this way ... you find me just one example of enterprise-level software that qualifies as "easy," and I'll consult for you for free.

Myth # 2 - It's Set It And Forget It
At the risk of appearing schizophrenic, I can assure you that marketing automation is not rocket science either. When you begin the process, the challenging part is acquiring enough foundational experience so that you can apply the knowledge to your specific situation. Unfortunately, comprehending the concepts?what I like to call "white paper knowledge"? is not especially helpful when it comes to building a program. It's kind of like reading books on surgery and then trying to do heart transplant. If you're willing to sacrifice a few patients, knock yourself out!


That's why the learning process is so critical. Unless you're working with a consultant, you'll need time to engage in some trial and error. And regardless of how thorough and comprehensive your analysis process, when you begin you'll be forced to make assumptions about content, number of touches, lead scoring values, and other key components. Some of your educated guesses will pan out, while others won't. If you give yourself some runway to experiment and learn, you'll eventually discover the "secret sauce" for your marketing process.

Myth # 3 - Complicated is Better
Part and parcel with the idea that you need time to experiment is the idea that you need to start simple and build to the complex. Marketing automation is not like a new motorcycle or some other toy, and after installation it's time to "see what this puppy can do." The reason for starting simple is that you probably don't know what you don't know, and that will force you to make many assumptions. By putting together a program that has multiple moving parts, you'll likely make it more difficult to identify what's working and what's not. There's no shame in starting simple; ever heard the phrase "walk before you run" or are you familiar with KISS? No, not the band, the principle ... Keep It Simple Stupid.

Another important reason for starting simple is that it gives you a way to serve up wins to your team and sales counterpart. For example, sales alerts that notify your sales team when a hot prospect is on your site are a relatively easy functionality to implement. However, done properly your sales team will be ecstatic at having the additional visibility. Done improperly, you'll overwhelm them with too much information. Take time to understand what your system can do and then have a conversation to ensure you're executing the appropriate functionality at the right level.

Continue reading this article.


About the Author:
Jim Berkowitz is a seasoned executive with more than 30 years of professional services and project management experience related to Customer Relationship Management (CRM) and Financial Management (Accounting & ERP) software solutions for small, mid-sized and Fortune 500 companies. As a Sales Force Automation and CRM Consultant, Jim has assisted more then 100 companies with the design and implementation of custom CRM solutions.Mr. Berkowitz is the founder and President of CRM Mastery, Inc.; a company dedicated to serving small and mid-sized enterprises (SMEs) by offering affordable tools and guidance to help them plan for and succeed with their CRM initiatives.



Click to Play

Bringing Social to Online Shopping
The offline shopping experience is very social, especially for women. On the contrary, the online shopping experience up to this point has not been very social...


Advertising Tax, Marketers to Court
Lyn If ever a cause was near & dear to me, this is definitely one of them. As an affiliate manager, affiliate marketing is my livelihood. Over the last year, several states have introduced legislation defining affiliates...

Search Marketing Blogs To Increase Your Success
This week I'll try something a little different with our BIGLIST of online marketing blogs reviews and share a screen shot of the week's best looking SEO blog to be added. That honor goes to Mikkel deMib Svendsen...

Being A Trusted Authority Is A Powerful Marketing Tool
Anyone who is a member of of our community likely knows that I am a fan of Cartman. It all comes down to Cartman's understanding of marketing principals...

Tweaking Your Marketing Campaign To Your Most...
It takes effort to build and operate an online business, while some marketers will spend nearly all their working hours focused on building their business, others will be looking at ways to run their business more...

Marketing Strategies Are Not Universal
Everyone has been watching Facebook to see if it can monetize its enormous traffic to become a going business. And the focal point of that monetization effort is advertising, just like Google's. And you've probablyn...

Research Shows Online Ad Spending Is Up But No...
Online ad spending is not resilient. That would be the wrong description since it has not really needed to come back from anything yet. Even in this economy that continues to keep many mired in the muck....


About MarketingNewz
MarketingNewz delivers news, opinion and hands-on expert advice to online marketing managers so they can implement successful marketing plans. We've been there from the beginning and understand The Evolution of Online Marketing.





MarketingNewz is brought to you by:

ActivePro.com EnterpriseWebPro.com
AdvertisingDay.com EntrepreneurNewz.com
CareerNewz.com ERPupdate.com
CRMNewz.com InsideOffice.com
EcommNewz.com InvestNewz.com
NetDummy.com SmallSiteNews.com






-- MarketingNewz is an iEntry, Inc. publication --
iEntry, Inc. 2549 Richmond Rd. Lexington KY, 40509
2009 iEntry, Inc.  All Rights Reserved  Privacy Policy  Legal

archives | advertising info | news headlines | free newsletters | comments/feedback | submit article