Where is marketing going? Just a few years ago it was “relatively easy” to reach audiences through traditional vehicles like TV, radio and display… remember those days? It just took a healthy advertising budget and you were on your way to millions of units sold! The Mad Men days are behind us, but that doesn’t mean they are gone. In fact, quite the opposite, now as marketers we have to be even more creative, more cunning and way more in tune with the tastes of audiences.
Attention spans are limited to 140-characters… (Have I lost you already?) People want to be fed stories that intersect at the junction of the right content, at the right time, and all on the right vehicle. To the marketer this sounds more the like corner of “isn’t going to happen,” and “is it 5pm yet?” But it doesn’t have to be that way! Don’t despair. While we don’t have all the answers for partners, we want to help you get there! After all, your success as marketers and reaching your customers ultimately helps us too!
Enter from stage left … a rejuvenated Marketing Velocity.
While many partners are aware of Marketing Velocity as an award winning event Cisco has offered throughout the year and most recently with Partner Summit 2015. We have checked the rear view mirror and are punching the proverbial gas. Marketing is changing at such an incredible rate of speed (pun intended), that Marketing Velocity has to match. But, not how you might think. The goal of the Marketing Velocity program is to enlighten, educate and arm you to succeed in reaching your customers. This is something that an annual event could not provide at such a high rate of speed.
We have expanded the Marketing Velocity eLearning with new courses. You are no longer required to take multiple courses to receive certification. With Marketing eLearning courses, we simply want to provide you with great content to enhance the way you market today. We have segmented eLearning into four buckets for ease:
Marketing Fundamentals – courses designed to help you market effectively, from the basics to more advanced skills
Marketing with Cisco – train yourself on how to implement Cisco technologies, Partner Marketing Central and other Cisco generated marketing capabilities
Revenue Marketing – access courses on this growing marketing endeavor to help you increase sales that you may have never thought of before
Digital Marketing – bring your skills up to speed with the latest in Social Media, Web and marketing automation techniques
As if that’s not enough! Partners have expressed how much they enjoy the caliber of speakers offered during the Marketing Velocity event. Now we have created a speaker series offered year round. The Marketing Velocity On-the-Air webcast series enlists the advice of industry experts. Get guidance from the industries’ best, like Jay Baer, the most retweeted man on the web amongst digital marketers, insight from a little search company called Google, and other webcasts on new marketing techniques to the power of analytics.
Still not enough good stuff? This is the icing on the cake…
How about an always-on content hub that pulls marketing best practices from across the Web? The Marketing Velocity Hub has been created to align Cisco marketing campaigns with best practices. The Hub also gives you easy access to Marketing eLearning and the On-the-Air webcasts. We think of this as an information board and welcome your feedback in the Marketing Velocity Community. We want to hear from you, especially related to what you see as best practices – what we might be missing and what we might be doing right.
Now is your time, we just want to help you step on the gas!
Here is a quick list of links mentioned above:
We always love to hear feedback. Feel free to leave your thoughts in the comments below.
Tags: Cisco, content marketing, digital marketing, Jay Baer, marketing, Marketing Velocity, Marketing Velocity Hub, revenue marketing
Our customers’ expectations and buying behaviors are changing, and more brands compete for their attention. We either need to reinvent our approach to marketing or risk losing business to our competitors.
The big change in buying behavior is that most of us now research a product online before we ever meet with a salesperson. This is true whether we’re looking to buy a washing machine or IT infrastructure.
Read More »
Tags: Big Data, business of it, Cisco IT, cisco on cisco, coc-business, marketing
Once upon a time, sales and marketing were in love
True, Marketing wanted a long-term relationship and Sales only wanted a one-night stand, but it was clear where everyone stood.
Then, the relationship began to change
With the advent of digital and social tools, buyers – not sellers – stepped into the driver’s seat. They began using online means to conduct ROI analyses before making final purchasing decisions. Today, according to Sirius Decisions, buyers are more informed than ever because they’ve got access to online content as well as an extensive online peer network. And, according to a recent DemandGen Buyer Behaviour report, almost half of buyers create a short-list of potential vendors and one- third conduct initial research on solution options before the first communication with a sales rep.
Marketing started to use tactics that buyers, not Sales, preferred
Marketing started to change too. As Cisco’s CMO Karen Walker has said, “Marketing was the last function to be industrialised and the first function to be digitised.” With the buyer in control, Marketers started moving away from outbound tactics like tradeshows, live events, and email campaigns that Sales was used to. We started using digital tactics that matched the buyers’ desire to look for information online using search engines, vendor websites, and social media sites. But neither Sales nor Marketing was happy. Things got so bad that Hubspot reported: “87% of the terms sales and marketing teams use to describe each other are negative.”
Enter Revenue Marketing
Like a good marriage counsellor, Revenue Marketing helped Sales and Marketing rekindle their relationship. In a nutshell, Revenue Marketing ensures that Marketing strategies and campaigns align with Sales and business objectives to generate a measurable ROI to the bottom line. Using Revenue Marketing principles, Marketing started to transform from a cost centre to a revenue centre. Marketing and Sales began to work in partnership again. And they began speaking the same language – using terms of endearment like planning, forecasts, pipeline, bookings, and revenue.
Back on track: Smarketing
Today, the romance between Sales and Marketing is back on. And, like all happy couples, they’re using a pet name: Smarketing. Hubspot defines the term Smarketing as “the alignment between your sales and marketing teams created through frequent and direct communication.” We’ve embraced the term and the concept here at Cisco, and here are four lessons learned to strengthen the relationship between sales and marketing.
4 Tips For Smarketing bliss
1. Speak a common language
It’s important to be on the same page. For example, here at Cisco, Sales and Marketing both know exactly what we mean by terms such as Marketing Qualified Leads (MQL), Sales Accepted Leads (SAL), and Sales Qualified Leads (SQL).
2. Gaze in the same direction
Marketing and Sales must also share revenue goals and strategies. We have defined how much Marketing will contribute to Sales – both to the pipeline and to bookings. We have also articulated what each team will do to support the others’ efforts.
3. Communicate, communicate, communicate
Once you’re on the same page, tune your operational systems to give visibility into results – and refine your processes continually. At Cisco, Sales and Marketing use common reporting dashboards and hold each other accountable. Both teams listen and respond to feedback.
4. Celebrate success hand-in-hand
Now that Marketing can concretely prove its value, both teams can celebrate together. This builds strong team morale.
Smarketing may be a cute term but it has very real ramifications. In fact, according to a study done by the Aberdeen Group, companies with strong sales and marketing alignment can get 20% annual revenue growth. Now that’s worth celebrating.
So please raise a glass and join me in congratulating the happy couple. To….Smarketing!
Tags: digital, marketing, revenue marketing, sales, smarketing
It’s not really a secret – video is hot and trending, both as a marketing tool and new, modern communication medium. Just check out the facts:
- 93% of marketers use video for marketing activities
- Video is the top 3 most effective social media tactic
- Using “video” in your email subject line will increase open rates by 19% and click throughs by 65%
That’s pretty compelling right?
Read More »
Tags: Cisco Cloud Services, cloud, marketing, video
In case you missed it, here a summary of Karen Walker’s latest blog on the IoE Blog site that reaches out to all those in the Oil and Gas Industry:
“…we recently published a new report that shows a global oil and gas (O&G) industry awash with disruption, and primed for digital transformation. Low oil prices have upended the sector, spurring an urgent rethinking of strategy by oil and gas executives—and accelerating the adoption of IoE.”
Karen Walker, Senior Vice President of Marketing at Cisco and interim CMO, highlights some of the key findings from the report:
“To become agile enough to compete in the IoE Era, the oil and gas workforce must possess a mix of technical skills, industry knowledge, and business acumen. With talent shortages due to massive numbers of professionals retiring over the next few years—and a lack of necessary digital skills among those who remain— O&G firms need to make bold moves to transform their workforce strategy:
- Extend the reach of existing expertise –Video-based collaboration can help bridge the expected talent gap by making the most of professional expertise that is spread too thin, as well as providing ongoing training throughout the organization.
- Attract digitally-savvy talent – As up to 50 percent of oil and gas workers prepare for retirement in the next five to 10 years, who will be the next generation of workers that replaces them? An earlier Cisco report showed the next wave of digital transformation will be all about capturing timely, actionable insights from the deluge of data being generated by the Internet of Things (IoT), a key enabler of IoE.
- Bridge the silos – In addition to analytics expertise, O&G companies will need employees who can see and work across the boundaries between IT and operational technology (OT).
- Create a culture of innovation – O&G companies don’t compete just with each other for top talent, they compete with the likes of Google and Facebook. The best and brightest data scientists and software engineers want to be on the leading edge of innovation, not mired in “the way we’ve always done it”.”
Read the full blog to find out further insights here:
…and, as always, let us know what you think!
Tags: analytics, CERAWeek, Cisco, collaboration, Data Science, digital, Disruption, future workforce, IIoT, Internet of Everything, IoE, IoT, Karen Walker, marketing, oil and gas, oil prices, operational technology, OT, transformation