Marketo Lead Lifecycle Model: Expert Insights
A lead lifecycle model maps the buyer’s journey from the beginning interaction with the brand to becoming an active customer.
By understanding the different stages of this journey, you can tailor your marketing efforts to each stage, nurturing leads with relevant content and messaging.
Marketo, a leading marketing automation platform, offers robust functionality to design and implement a customized lead lifecycle model to tailor to the brand’s needs.
However, for those new to Marketo, the sheer number of options can be a bit daunting.
Britney, the Director of Digital Marketing at Prudential Financial, sheds light on the challenges and opportunities associated with implementing a lead lifecycle model in Marketo, particularly for first-time users. Her core message is a simple yet powerful one: Keep it simple!
Building a Strong Foundation
One of the most common pitfalls Britney observes is the tendency to create overly complex lead lifecycle models. With a plethora of stages and statuses readily available in Marketo, it’s tempting to map out every conceivable interaction a lead might have.
However, Britney advises against this approach and advises focusing on building a strong foundation with 3-4 core stages. This could include stages like MQLs and SQLs integrated into the appropriate stages.
Embrace the Learning Curve
It is imperative to bear in mind that the adoption of a lead lifecycle model is an ongoing process. Britney emphasizes that you will learn more about your target audience’s needs as you collect data and examine lead behavior.
These insights will then inform refinements and optimizations to your lead lifecycle model. Don’t be afraid to adapt and adjust your model based on your learnings.
Hiring a Marketo Consultant
Britney strongly recommends hiring a Marketo consultant, particularly for businesses who are unfamiliar with the platform. Companies should set aside a budget for having a consultant onboard.
A consultant can provide invaluable guidance during the initial set-up phase. They can help you define your lead lifecycle stages, establish scoring criteria for MQLs and SQLs, and configure automated workflows to nurture leads efficiently. This ensures a smooth implementation and a solid foundation for your lead lifecycle model.
Beyond onboarding, a consultant can offer ongoing support as the model expands. They can help you troubleshoot issues, identify opportunities for optimization, and stay current with the latest Marketo features and best practices. This enables the lead lifecycle model to be continuously improved for optimal performance.
Conclusion
By following Britney’s advice and prioritizing simplicity, you can embark on a successful lead lifecycle journey with Marketo. To get the most out of your marketing automation efforts, keep in mind that the secret is to start with a solid but basic foundation, embrace constant learning, and leverage the expertise of a consultant to maximize your marketing automation efforts.
Downloads
Article (PDF-276 KB)MOST POPULAR INSIGHTS
- Aligning Sales and Marketing in Marketo through Pipeline Management
- The Importance of Data Hygiene and External Tools in Enhancing Marketo’s Capabilities
- The Importance of Lead Scoring: Building a System from Scratch in Marketo
- The Importance of Lead Lifecycle Management in Marketo
- Building a Source of Truth: Tracking Changes in Marketo Lifecycle and Scoring Models
About The Author(s)
Related Articles
Related Articles
Established in 2012, Xgrid has a history of delivering a wide range of intelligent and secure cloud infrastructure, user interface and user experience solutions. Our strength lies in our team and its ability to deliver end-to-end solutions using cutting edge technologies.
OFFICE ADDRESS
US Address:
Plug and Play Tech Center, 440 N Wolfe Rd, Sunnyvale, CA 94085
Pakistan Address:
Xgrid Solutions (Private) Limited, Bldg 96, GCC-11, Civic Center, Gulberg Greens, Islamabad
Xgrid Solutions (Pvt) Ltd, Daftarkhwan (One), Building #254/1, Sector G, Phase 5, DHA, Lahore