Success with Personalized Ad Retargeting: How Sisense Increased Conversions by 13x

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Success with Personalized Ad Retargeting How Sisense increased conversions by 13x David Myers Product Manager Marketo Ilan Hertz Head of Lead Generation Sisense

Transcript of Success with Personalized Ad Retargeting: How Sisense Increased Conversions by 13x

Page 1: Success with Personalized Ad Retargeting: How Sisense Increased Conversions by 13x

Success with Personalized Ad RetargetingHow Sisense increased conversions by 13x

David MyersProduct ManagerMarketo

Ilan HertzHead of Lead GenerationSisense

Page 2: Success with Personalized Ad Retargeting: How Sisense Increased Conversions by 13x

Page 2Marketo Proprietary and Confidential | © Marketo, Inc. 05/03/2023

Agenda• Real-Time Personalization

• Ad Retargeting

• Advantages of Personalized Ad Retargeting

• Customer Success Story: Sisense

• Getting Started

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90%say retargeting performs better than search, email and other ad displays.

Ad Budget Trends

24%are spending more than 50% of Ad budget on retargeting

44%of B2B companies will increase display budgets

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Page 4Marketo Proprietary and Confidential | © Marketo, Inc. 05/03/2023

PersonalizationIdentifies a person’s attributes Intent, potential, behavior, profile and/or firmographics

Customizes their experience Presents them with relevant content, offers or visuals

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B2B Attributes

Organization Industry Revenue

Customer Journey

Size Persona Territory

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B2C Attributes

Customer Journey

GeoLocation

Price Sensitivity

CustomerProfile

Buying History

Product Intent

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Real-Time Personalization

Auto-engages segmented prospects with personalized content or calls-to-action while on site and in context,

even if they are anonymous

Organization Industry Database Location DigitalBehavior

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Ad Retargeting

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Ad RetargetingShows ads to people who have visited your website

Prospect

Prospect Returns to your site

Your Site Prospect isTracked

ProspectLeaves

Your Ad onOther Sites

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With Ad Retargeting…1. Acquire new customers2. Improve close rates3. Engage existing customers

Higher Engagements: 400% higher CTRs

Lower Costs: 40-70% lower CPAs

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Personalized Ad Retargeting

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Don’t propose on the first date

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Bring the Right People Back

Organization

Database

Location DigitalBehavior

Industry

Bounce rate1st Visit: 50%2nd-5th Visit: lower then 20%

Conversion Rate1st Visit: 1-4%2nd-5th Visit: 8-12% of Leads are more qualified

Conversion increase by 2-3x compared to the 1st visit

Source: Internal Study

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Enriching the Data

Database

Location DigitalBehavior

Adding Firmographic visitor data to retargeting lists:

Account-BasedIndustry Size Revenue

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Enriching the DataOrganization

Database

Location DigitalBehavior

Role

Adding Known visitor data to retargeting lists:

ScoreJob Title

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Personalized Retargeting Use Cases

Organization

Database

Location DigitalBehavior

Industry

Product interest

Buying history

Vertical / Market Segment

Targeted Named Accounts (ABM)

Sales Cycle Stage / Score

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Retargeting (General)

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Retargeting Personalized

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The Sisense Story

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Page 20Marketo Proprietary and Confidential | © Marketo, Inc. 05/03/2023

About Sisense

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About Ilan Hertz

• Over 10 years experience in online marketing experience

• Various marketing positions at high-tech start up companies• SysAid

• Blazemeter

• Sisense

• Currently - Head of Lead Generation at Sisense

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Sisense Retargeting Before RTP

• Used basic Google Analytics segments• Visitors older than 14 days

• Visitors who didn’t convert

• Goal: Lead Gen (not opportunities)

• Messaging was the same to all segments CPC = $2.03

Conv. Rate = 1.1%

Cost/Conv = $184

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About Sisense

Lead created Lead opened to SDR

Demo scheduled –

Lead converted to

MQL

Demo attended –

Lead converted to

Opp.

Sisense marketing team goal is to bring opportunities (not leads). Nurturing and remarketing are a critical part of our marketing efforts.

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Gap Between Platforms

Ad Platform(Google

Adwords)

CRM (Salesforce)

Marketing Automation (Marketo)

Information is moving in one direction

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Ad Platform(Google

Adwords)

Bridging the Gap

CRM (Salesforce)

Marketo MA + Web

Retargeting

Marketing Automation feeds the ad platform

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Web Personalization Implementation

Align your nurturing track messaging with your retargeting campaigns

Anonymous Visitor

Why BI?

Branding

New Lead

Why Sisense?

Branding

MQL/Opp

Sisense vs. alternatives

The cost of BI

Use Cases

Long Term Nurturing

Educational

Soft push

Branding

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Ad Campaign ExamplesAnonymous

VisitorNew Lead MQL/Opp Long Term

Nurturing

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Results

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Cost Per Click (CPC)

+127%

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Conversions

+1,207%

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Cost Per Conversions

• Text

-91%

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Cost Per Conversions

• Text

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Overall Results• Conversion rate goals boosted by 13x• Leads in the early stage of the nurturing funnel show a

conversion rate as high as 40% • Cost per conversion decreased 10x

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Ad Platform(Google

Adwords)

CRM (Salesforce)

Marketo MA + Web

Retargeting

What’s Next?

Sisense - Marketo Connector Coming Soon!

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Getting Started1. Enable Retargeting in Marketo Web Personalization

2. Create Customized Audiences based on Web Segments

3. Run retargeting Campaigns in Google + Facebook

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Summary

Increase Lead Conversions

Increase Lead Quality

Lower Cost per Conversion

Efficiently spend budget on the

prospects/buyers you care about

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Thank you

Success with Personalized Ad Retargeting

David MyersProduct ManagerMarketo

Ilan HertzHead of Lead GenerationSisense