It’s that time of year again. In about 7 weeks we will be hosting our Online ROI Summit for about 300 marketers in Burlingame, California who want new insights on what’s working and what isn’t online - You can apply at www.TechTargetSummit.com.

However, before I plan the agenda for these conferences I make sure to check in with the marketers themselves about what they want us to cover — what is plaguing them the most when it comes to their online campaigns. And, no surprise, what keeps coming up is their need to know the latest best practices around “tightly” managing lead gen efforts and follow-up.

We all know “scrutiny” and “prove ROI” are the expectations du jour for the technology marketer and as economic times have tightened up focus on these aspects of their job have as well…

In rolling up trial and error stories from our actual technology customers what stands out is something that could appear as a huge contradiction but in reality makes sense, and that is the reality that the smaller the company, most likely, the tighter or “closed” is the process they have to stay on top of the leads they generate. The bigger, and often times more bureaucratic the company, the more complex it becomes. And so what we are left with is to figure out how do it the best regardless of company size. No easy feat but one we and our marketer participants will take on.

Check out the link to our Summit www.TechTargetSummit.com and if you want to hear what we all have to say please join us…  October 27th is only a blink away…

Insights for marketers on how to better align keywords and online media to the IT purchase process 

Over the past month, we have visited five cities throughout the United States to roll out the results of the Google/TechTarget Research Project. The research was based on a collaborative study between TechTarget and Google, where we interviewed over 2,200 IT decision-makers worldwide.  Accompanying me on the roadshow were Mark Martel, Senior Industry Marketing Manager of Technology Markets at Google, and Jeff Ramminger, Senior Vice President of Product Management at TechTarget. With a total of nearly 600 IT marketers and media buyers in attendance, we discussed our latest research findings that explained the relationship of IT buyers’ search and online media consumption practices to their actual purchase process within their respective enterprises.

Attendees from the roadshow took away a detailed view of the journey IT pros go through during their purchase process and specific search queries they use during the various stages. A revelation was the importance “comparison and review” queries have to IT pros and the implied importance of marketers providing content assets with “comparative” focus. In fact, during our Cambridge event, Harry Gold, CEO of Overdrive Interactive, was busy Tweeting some of these key takeaways: http://www.clickz.com/3631617

The focus of the Google/TechTarget Research Project Roadshow was to give marketers the tools to make smarter and cheaper keyword and content choices for their 2009 online marketing plan. Along with gaining detailed insights on how IT buyers move through the purchase process and the specific keywords they use during each of the research stages, attendees also discovered the buyers’ attitudes toward registration forms and other lead generation efforts and the relationship between online search and branding. Another hot topic from the roadshow was the buyer’s utilization of new media; such as mobile devices, video and RSS feeds. Needless to say video is hot, and the length of the video greatly impacts its success.

For those who were not able to attend the event, we now have the full research report and the video of the roadshow presentation available online.

Having just returned from the TechTarget Online ROI Summit in San Francisco, I combed through a number of attendee survey responses as I was very interested to know which specific subjects were most interesting and relevant to the 240 IT marketers/clients attending the event.It’s a foregone conclusion that anyone attending is generally interested in Best Practices for Online Marketing and its relationship to proving ROI; however it’s important to note which discussion points resonated with them the most.

It turns out that our data and insights related to trends in “the IT Buyers’ Purchase Process” were most appreciated. Marketers expressed that understanding how their content and media investments line up in satisfying all stages of the buying cycle is critical information when planning a program or campaign.

This explains why our findings around search — and where buyers are in their purchase consideration relative to specific search practices — received such high marks. It also explains why our general session around content strategy as it relates to the buying process is a standing-room only session.

As much as we all live and breathe “the buyer’s purchase process” here at TechTarget, the subtleties of how IT marketing media types and content relate to the process were very much appreciated by Summit attendees.

This makes sense as our insights suggest that marketers must have very distinct content topics and media offerings to attract buyers at the various stages of the research and purchase process.  It also emphasizes the degree to which “content preparation and strategy” are an essential component to success.  Yet based on this reality, nearly two-thirds of our audience admitted to having few resources to build content, and are often expected to produce it themselves.

That is astonishing when you consider how important content is to program success,  and how busy these folks are.  It seems to there needs to be a resetting of priorities in the IT marketing arena so that budgets are allocated to support content development so the burden doesn’t personally fall on the shoulders of the marketing directors themselves, so they can be free to spend more of their time being strategic.

Let’s face it; the current state of the economy has everyone, including IT marketers, concerned about their short- and long-term goals and the budget expenditures required to reach those goals.  A recent trend we’ve seen is IT marketers saying they only want to do highly filtered marketing campaigns to deliver only leads from a very limited demographic group that will deliver immediate sales.  And, if they have any funds earmarked for branding campaigns, many marketers think they should reallocate these branding dollars for use on lead generation programs.  While every online marketing campaign should deliver a percentage of immediately actionable leads, in many cases these short-term campaigns are being done to the exclusion of activities that will help generate sales over the long haul.

The danger of this approach is obvious — when the economy improves, marketers focusing exclusively on generating leads for immediate sales will have no supply of leads in their pipeline, and will have to start from scratch to rebuild one.  The situation gets worse if their competitors have been nurturing leads to generate sales over an extended period and now have a large pool of prospects at various stages of the research and purchase process.  If you find yourself on the wrong side of this situation - without leads in the pipeline — you can be certain of one thing: your competitors will be taking sales away from you for a very long time until you catch up, if you catch up.  The key lesson here: Even if your budget allocations are being scrutinized in the short-term, IT marketers need to think long term about future sales and be prepared to defend allocations of budget dollars to maintain a sales pipeline. 

An empty lead pipeline and loss of long-term sales are not the only problems associated with highly filtered campaigns.  If all or most of your competitors are also implementing this kind of limited marketing program — focusing on the exact same demographic profile at the exact same stage of the purchase process (ready to buy) — you are all competing for a limited universe of leads.  As a result, the volume of leads generated by campaigns will be smaller, the cost per lead will be higher, and everyone will be competing head to head for the attention - and dollars - of this limited group.  Under these circumstances, IT marketers should considering relaxing their demographic criteria to reach a broader group of potential customers engaged in the earlier stages of the purchase research process.  It’s also a good time to expand the range of content (broad industry-oriented, topic/issue-specific, product focused, etc) and the content types (white papers, Webcasts, Podcasts, downloads, etc) you offer to meet to the information needs of all the different decision makers involved all stages of the research and purchase process.

The upside of a down economy?  Current market conditions also offer companies - particularly smaller, less well-known ones - an opportunity to take market share away from their larger competitors.  In tight economic times at major companies, very often, the first marketing budget item to be cut or reallocated is branding.  If your company has had problems competing against bigger names — now is the time to get out there and seize market share by increasing your branding efforts.  If your competitor’s campaigns are focused on generating short-term results, focus your efforts on creating campaigns that will deliver consistent results over the long term.

What impact has the down economy had on your marketing campaigns and programs?  Is upper management questioning your budgeting decisions?  What due diligence actions are you taking to make sure your lead pipeline stays filled and delivers short- and long-term sales?  Let us know what you’re experiencing and seeing out there. 

Last week we had the opportunity to hold our second TechTarget Online ROI Summit. I am glad to report that close to 300 TechTarget IT customers/marketers attended, all eager to absorb our collective experience set related to IT online marketing as well as network with one another. In a nutshell, most technology marketers find it challenging to stay on top of ever-changing online marketing practices and look for very specific examples of what to do and not do to stage effective online campaigns and prove subsequent ROI.

As a result of surveying our attendees we learned some valuable things with a couple of key data points worth passing on to this audience…

• •  Related to the tightening economy, only 56% cited marketing budget decreases due to economic conditions
• •  Of those 85% cited online spending would increase

The interrelationship of these two responses begs for some interpretation so I’ll take a stab at it. Even for IT enterprises cutting back their marketing spend the majority of the budget remaining is intended to increase in favor of online investments. This may have everything to do with how truly “accountable” management has come to see the role of online, in that it is a quantifiable medium, one that can be used reliably to measure response, conversion to sales opportunities, traffic to sponsoring websites and much more. And most importantly in IT, online research is where the action is when it comes to the IT buyer’s need to use it to research and seek out solution providers during their buying process.

The steady decline of print advertising in the face of online growth further substantiates how valuable interactive “online” information sources are to buying audiences. For the marketer this should come as somewhat of a blessing in that there is a reliable medium to continue to stage major marketing efforts and promote one’s brand to IT audiences. To online publishers like TechTarget, the reality is that there is a strong future for online venues to provide advertising opportunities to marketers looking for ROI.

I recently read a statistic in The Economist from the Chinese government for 2007 that I found to be quite astonishing: the number of Internet users in China has reached 210 million, up more than 50% from 2006 (more than three times the number in India).  What’s more, Morgan Stanley predicts China will surpass the US total within months.

On a visit to China in August 2007, I was fascinated to hear various college-aged, American, Canadian and Chinese students discuss their use of the Internet and their frustration with certain sites simply “disappearing.”  Censorship by the Chinese government is certainly a very controversial topic and it shapes the way the most populated country in the world is using the Internet.  This is also the case because the Internet is used so commonly as a social networking forum for China’s youth.

Although only about 16% of China’s population is using the Internet, the fact that such an overwhelming majority of these users are under the age of 30 (more than 70%) should indicate that we are only on the cusp of monumental growth of Internet users in China.  Already, China boasts more mobile-phone subscribers than the US, Japan, Germany and Britain combined and mobile messaging and streaming advertisements are already extremely prevalent there.

When will US-based companies start to seriously shift or dedicate large portions of B2B online marketing budgets to China?  Will the attention from the 2008 Olympic summer games expedite the process of foreign influence and business in China?

Certainly US-based consumer brands have gained healthy traction in China, but with the difficult restrictions put on foreign companies by the Chinese government including foreign investment and license and permit requirements, “capitalizing” on this emerging market has already proven difficult.  However, considering the technology focus in China coupled with its maturing market, it seems like only a matter of time before Internet users in China demand more from the world and their own government in the form of an all-encompassing Internet environment.

What are your thoughts on this?

Online marketing is not just about reaching out to your target or potential customer with emails, search marketing and banner ads, today it is much more.  It’s about making meaningful connections utilizing various platforms such as blogs, forums, social networks and videos and in context with what your target is really interested in.  In Barry Harrigan’s blog, What IT Marketers Can Learn from Guitar Hero, he poses the question, “So what does Guitar Hero III have to do with IT Marketing and lead generation?.”

He states that “While IT Marketers may not be able to market technology with flashy outfits and expensive instruments, we can allow our users to personalize their experiences while they are researching technology on our Websites. If users are given choices - in what they see when they log-in to our sites, in how their personalized pages are designed, and as to the content that appears on their pages, they are going to feel more connected with the Website.

TechTarget has incorporated this contextual approach to help our clients connect with prospects where and when they want to be reached with contextual ROI marketing opportunities such as All-in-One Guides, Supercasts, Topic-Focused Schools, Topical Infocenters and more.

Is your company stepping up marketing efforts to make meaningful connections with prospects by incorporating contextual or new marketing platforms?

Video is a “New” Media which has received a lot of attention from online marketers.  In the most recent Q3, 2007 Technology Buying and Media Consumption Survey (the third in a series of quarterly surveys to TechTarget’s IT Panel),  video has emerged as a leader as one of the most effective forms of media.

TechTarget, recently hosted the Online ROI Summit, where we gave a case study of how Sun Microsystems used video to educate developers about Java Business Integration.  The program created editorial interactive video with industry luminaries. Video proved to be a powerful branding tool, and appealed to the developer’s sense of community.

Sun was able to achieve their objective by using video to establish JBI brand in the developer market and to engage the developers in a peer-to-peer communication.  How has your company used video?

On September 20 and 21, TechTarget had the opportunity to host our first Online ROI Summit, and for those of you unable to attend, the discussions, presentations and the feedback were excellent. You can see a couple of our attendees’ independent, post-event blog posts here: PushtoTest: The Cohen Blog and The Scrappy Software Marketer

My intent for the event was to assist our technology vendor customers in understanding the latest online marketing best practices and to help them meet the ongoing challenge of proving ROI.

We got great validation on our overall content direction from the post event survey. It reinforced that IT marketers need help and guidance on how to customize their campaigns to effectively reach their specific technology market.

Both the market-specific breakout sessions, where we received 100% positive feedback on a survey, and the individual comments expressed great appreciation for explaining the specific differences between each technology market - such as Storage, Information Security, and Enterprise Apps.

Additionally, technology marketers are challenged by how to use “new” media and integrate them into their ongoing efforts.  Finally, and no surprise, the struggle to generate leads and get them through a useful sales pipeline persists and is as strong as ever - check out Brian Carroll’s presentation on nurturing leads through your sales pipeline. We specifically adressed the new ROI metrics that cover new media and emerging media.

As deeply immersed as my team and I are in online media, it was partly amazing to us that marketers still need as much support and guidance as they do.  But, in all these areas, I believe we delivered quite strongly and the survey feedback agrees with us.

Feel free to check out any of our presentations and see what the discussions were all about. We’d love to hear your feedback on this content too.

View them all here: TechTarget Online ROI Summit Presentations

Viral Marketing has been a buzz word in the Internet world.   It is defined as any strategy that encourages individuals to pass on a marketing message to others, creating the potential for growth in the message’s exposure and influence.  eMarketing quotes a 2006 study by JupiterResearch, cited in Internet Retailer, the biggest goal of viral marketers was to increase brand awareness (71%). Half also expected to drive online sales, and 44% hoped to drive offline sales.  eMarketing also posted results from a MarketingSherpa survey that reveals that BtoB Marketers were more interested in getting their viral campaigns mentioned in an online publication or business print publication.  Does your company have a viral marketing strategy?  What effective viral marketing tactics have you used?