{"id":10918,"date":"2024-02-27T06:35:00","date_gmt":"2024-02-27T06:35:00","guid":{"rendered":"https:\/\/realesta.co\/inprojects\/lbb\/?post_type=case_studies&p=10918"},"modified":"2024-03-27T10:10:48","modified_gmt":"2024-03-27T10:10:48","slug":"marketing-agency-find-back-its-footing","status":"publish","type":"case_studies","link":"https:\/\/realesta.co\/inprojects\/lbb\/case-studies\/marketing-agency-find-back-its-footing","title":{"rendered":"Marketing Agency Find Back Its Footing"},"content":{"rendered":"\n
\n
\n
MROIs Boosted by 40%<\/h5>\n\n\n\n
Spam Complains Reduced by 95%<\/h5>\n\n\n\n
45% Reduction in Customer Acquisition Costs<\/h5>\n\n\n\n
Industry<\/strong> :<\/td>Marketing and Advertising<\/td><\/tr>
Location<\/strong> :<\/td>New York, USA<\/td><\/tr>
Challenge<\/strong> :<\/td>\t\nReaching Country-wide Key Decision Makers and Drive Successful Multi-Channel Email Marketing<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n
\n

AUDIENCE TARGETING CRITERIA<\/h4>\n\n\n\n
Apparel & Fashion<\/td>Consumer Goods<\/td><\/tr>
Retail & Consumer Service companies<\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

KNOW THE KEY TARGETS<\/h4>\n\n\n\n

The key targets were top-level decision-makers, such as head of marketing, C-level executives, V-level executives, managers, and board members of large-size US corporations belonging to the apparel & fashion, consumer goods, consumer service, or retail industries.<\/p>\n\n\n\n

Moreover, the target audience specifically included those companies in need of brand management to expand their outreach and awareness across various platforms, devices, and screens.<\/p>\n\n\n\n

Co-Founder<\/td>Director Of Sales Marketing<\/td><\/tr>
Digital Marketing Director<\/td>Senior Product Marketing Manager<\/td><\/tr>
Global Product Marketing Manager<\/td>Digital Marketing Executive<\/td><\/tr>
Board Member<\/td>Joint Chief Executive Officer<\/td><\/tr>
Director of Product Marketing<\/td>Vice President Marketing<\/td><\/tr>
Digital Marketing Consultant<\/td>Global Marketing Manager<\/td><\/tr>
Digital Strategy Director<\/td>Senior Data Analyst<\/td><\/tr>
Senior Vice President Marketing<\/td>Data Science Specialist<\/td><\/tr>
Senior Director Of Marketing<\/td>Director Data Science<\/td><\/tr>
General Manager<\/td>Head of Data Science<\/td><\/tr>
Operations Analyst<\/td>Vice President Sales Marketing<\/td><\/tr>
Head Of Digital<\/td>Data Science Vice President<\/td><\/tr>
Director Of Online Marketing<\/td>Digital Director<\/td><\/tr>
Director Of Marketing And Product Management<\/td>Data Analyst<\/td><\/tr>
Digital Consultant<\/td>Founder<\/td><\/tr>
Marketing Director<\/td>Vice President Product Marketing<\/td><\/tr>
Chief Marketing Officer<\/td>Marketing Analyst<\/td><\/tr>
Digital Strategist<\/td>Director Of Marketing And Product Development<\/td><\/tr>
Chief Executive Officer<\/td>Head Of Product Marketing<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

MEET THE CLIENT<\/h4>\n\n\n\n

Headquartered in New York, USA, the client is a marketing and advertising firm specializing in marketing consulting for brands and agencies. They primarily cater to B2C clients, including the apparel and fashion industry, consumer goods industry, and retail industry. Most of these accounts rely on the client to take care of their digital advertising collaterals and simplify cross-device identification.<\/p>\n\n\n\n

THE KEY CHALLENGE<\/h4>\n\n\n\n

Being a marketing agency, the client was well-versed in all the new-age marketing tactics. At the time, they were looking to launch bespoke multi-channel marketing campaigns to their target audience to promote unique marketing services, including their:<\/p>\n\n\n\n

    \n
  • Cross-Screen Advertising Solutions<\/li>\n\n\n\n
  • Cross-Device Retargeting Services<\/li>\n\n\n\n
  • Cross-Device Identity Solutions<\/li>\n\n\n\n
  • Personalized Marketing Services<\/li>\n<\/ul>\n\n\n\n

    However, to realize their omnichannel marketing vision, the client\u2019s sales and marketing unit needed niche and in-depth customer data to target their desired prospects. Apart from depth, the data must also target the right people. For instance, targetting a low-level employee won\u2019t do you any good since they don\u2019t have enough clearance to make any purchase decisions. Fortunately, the client had a ton of decision-maker data to make their campaigns work.<\/p>\n\n\n\n

    Even though the client had cultivated an insightful in-house database, they forgot to factor in one critical parameter: the age of the dataset. A customer database is the most valuable asset a business can possess. However, customer lists and databases have a short shelf-life. In fact, 30% of sales and marketing databases become obsolete within 12 months, losing their accuracy and relevancy. Unfortunately, the client wasn\u2019t wary of this.<\/p>\n\n\n\n

    In the client\u2019s case, the database hadn\u2019t been refurbished for a couple of years. As a result, most of the time, a decision-maker that the client happened to target had already moved from their mentioned job role. The target had either transitioned to a new role in the same organization or changed bases completely. Due to this, many emails were sent out to inactive email addresses, and consequently, marked as spam. The client\u2019s primary email address got too close to blocklisting, which would have been devastating to their marketing efforts.<\/p>\n\n\n\n

    The same story goes for other channels. The calls per results for their telemarketing campaigns were down, and so were the social media marketing metrics, such as average engagement and amplification rates. Email marketing had the worst of them all, with open rates down to 15% and spam complaints up by 40%.<\/p>\n\n\n\n

    Thus, even with years of experience in the marketing domain, the client only could acquire a paltry sum of leads to show in their quarterly results, which didn\u2019t make up for the wasted resources and time. Luckily, the client had recognized the problem and decided to revamp their customer database.<\/p>\n\n\n\n

    What Happened Next?<\/strong><\/p>\n\n\n\n

    To ease their marketing woes, the client opted for a pre-packaged customer database from a local data provider for each industry there were targeting. However, the ready-made databases proved to be more of a bane rather than a boom.<\/p>\n\n\n\n

    Though the list featured quantity, it fell short on quality. Most of the leads in the database belonged to overseas companies, which didn\u2019t fall under the client\u2019s umbrella. Moreover, the list didn\u2019t align with the size, titles, and type of company the client was looking to target. All in all, it was another waste of resources. Finally, the client decided to go for Lake B2B\u2019s customized services.<\/p>\n\n\n\n

    THE SOLUTION<\/h4>\n\n\n\n

    Upon analyzing the client\u2019s marketing efforts, Lake B2B\u2019s team of experts reached the consensus that the client needed an entirely new, customized dataset with verified and up-to-date decision-maker contact and email data.<\/p>\n\n\n\n

    Our experts quickly pressed into service. After thorough market analysis, data collection, data wrangling, and segmentation, a customer dataset was finally ready, catering to the client\u2019s top and bottom lines. In total, Lake B2B provided 19,492 counts of relevant contact data on key industry players across the US, having more than 1000 employees.<\/p>\n\n\n\n

    The client was able to garner insights from the in-depth customer dataset in no time. Given the variety of contact data fields, the dataset offered the client many new avenues for multi-channel marketing. Lake B2B\u2019s data experts also ensured that all the data was 100% accurate and up-to-date. As a result, the threat of spam traps and blocklisting took a back seat.<\/p>\n\n\n\n

    Additionally, Lake B2B\u2019s specialists ran the data through an 8-step human and AI verification, matching the information with the master dataset so that client doesn\u2019t have to deal with wrongful targeting and inactive phone numbers. All the information within this data repository had a 100% fill rate, ensuring optimal accuracy when delivering campaigns.<\/p>\n\n\n\n

    Plus, given the growing need for compliance and data regulation, all the delivered data was doubly authenticated and compiled from trusted sources, in line with the CANSPAM and GDPR.<\/p>\n\n\n\n

    Ultimately, Lake B2B\u2019s premium solutions allowed the client to effortlessly target key decision-makers from their target industries, promote their services, offer personalized promotions and freemiums, and bring them down the sales funnel towards imminent conversion.<\/p>\n\n\n\n

    THE RESULT<\/h4>\n\n\n\n
    \n
    \n

    Lake B2B\u2019s comprehensively collated customer database empowered the client to extract more insights into their target audience. Moreover, the new and relevant data enabled them to boost their number across various marketing metrics.<\/p>\n\n\n\n

    With emails reaching the right inboxes, social engagement on the rise, product demonstrations lined up, sales cycles were shorter, conversions were quick, and ROIs were bumped up by 60%.<\/p>\n<\/div>\n\n\n\n

    \n

    \u201cWhen it came to product innovation, we left no stone unturned. However, getting the word out proved to be more challenging than we initially thought. Fortunately, LakeB2B\u2019s bespoke customer database came in to save the day. Within three months, most of our social media, telemarketing, and email marketing metrics were at an all-time high, and our sales pipelines were bursting with leads.<\/p>\n\n\n\n

    Lake B2B\u2019s commitment towards perfection makes them an easy recommendation for anyone looking to up their marketing game.\u201d

    \u2013 VP Marketing<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"featured_media":24493,"menu_order":0,"template":"","categories":[],"tags":[658],"company_size":[],"industry":[],"sub_industry":[],"class_list":["post-10918","case_studies","type-case_studies","status-publish","has-post-thumbnail","hentry","tag-marketing","entry"],"acf":[],"yoast_head":"\nMarketing Agency Find Back Its Footing - Lake B2B<\/title>\n<meta name=\"description\" content=\"Learn How Lake B2B Helped a Marketing Agency Find Back Its Footing with the Help of Their Accurate and Verified Customer Datasets MROIs Boosted by 40% Spam Complains Reduced by 95% 45% Reduction in Customer Acquisition Costs Industry : Marketing and Advertising Location : New York, USA Challenge : Reaching Country-wide Key Decision Makers\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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P","author_link":"https:\/\/realesta.co\/inprojects\/lbb\/author"},"uagb_comment_info":0,"uagb_excerpt":"MROIs Boosted by 40% Spam Complains Reduced by 95% 45% Reduction in Customer Acquisition Costs Industry : Marketing and Advertising Location : New York, USA Challenge : Reaching Country-wide Key Decision Makers and Drive Successful Multi-Channel Email Marketing AUDIENCE TARGETING CRITERIA Apparel & Fashion Consumer Goods Retail & Consumer Service companies   KNOW THE KEY……","_links":{"self":[{"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/case_studies\/10918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/case_studies"}],"about":[{"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/types\/case_studies"}],"version-history":[{"count":0,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/case_studies\/10918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/media\/24493"}],"wp:attachment":[{"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/media?parent=10918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/categories?post=10918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/tags?post=10918"},{"taxonomy":"company_size","embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/company_size?post=10918"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/industry?post=10918"},{"taxonomy":"sub_industry","embeddable":true,"href":"https:\/\/realesta.co\/inprojects\/lbb\/wp-json\/wp\/v2\/sub_industry?post=10918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}