Sell Chief Executives With This Email/InMail Template (Part 3 of 3)

The “experts” say executive officers aren’t open to being pitched via email and LinkedIn InMail. But they’re wrong. You can you spark conversations with chief executives. Discussions about them. Their pains, fears and ambitions … and bold public statements they make. Then, gently ask permission to connect that discussion to a new solution-what you sell.

The “experts” say executive officers aren’t open to being pitched via email and LinkedIn InMail. But they’re wrong. You can you spark conversations with chief executives. Discussions about them. Their pains, fears and ambitions … and bold public statements they make. Then, gently ask permission to connect that discussion to a new solution-what you sell.

You’ll get some yeses and some nos. It’s all part of an effective, repeatable social selling process.

Hyperpersonalize: An Effective InMail Template
Many of my students are brilliant. They take a bit of wisdom I give and run with it. Recently, my student Sam combined one of my InMail copywriting approaches with a hyperpersonalization technique: Using email recipients’ own public statements.

This approach stops busy chief executives in their tracks, and gets them to reply to his emails.

Let’s have a look at Sam’s practice so you can give it a try. I’ll turn it into a email/InMail template of sorts.

Follow These Guidelines
Sam crafts a handful of short email messages for testing using a few guidelines. He writes messages that:

  1. Are three to four sentences long maximum.
  2. Apply the words “I” or “my” minimally.
  3. Quote and compliments the chief executive in context of a hot industry issue.
  4. Align that meaningful quote with a conversation he would like to initiate.
  5. Ask for a brief email exchange to qualify a larger phone or face-to-face meeting.

The approach works. Because it is so personal, so authentic it busts through gatekeepers whose job it is to block unsolicited emails from pouring in.

It gets seemingly unreachable executives to invite discussions about issues that (ultimately) relate to what Sam is selling.

An Effective Email Template
My student, Sam, is a real person. He asked me to avoid sharing his full identity for competitive reasons. But he wants to help others, so I’ll describe his technique in a way you can copy. However, please don’t copy this template verbatim. Use your creativity and experiment with variations on words.

Create multiple versions of this approach using different kinds of quotes and issues. Discover what gets the best response and do more of what works, less of what does not.

Here is the template:

Hi, [first name].

Your quote in ___ magazine was stunning. Your perspective on _____ [burning issue] is vitally important to all of us working in _____ [industry]. Have you considered enhancing _____’s [target company] capability to ________ [insert challenge to overcome]?

There are alternate means to achieving ___ [goal]. Would you be open to learning about an unusual yet effective approach to ____ we use with clients like ___? [your current client].

Please let me know what you decide, [first name]?

Sincerely,
[your name & signature]

Beware: Don’t Threaten the Status Quo
Use the above template as a guide. Create your own, provocative email approach to a CEO, CIO, CTO, CFO, etc. Don’t limit yourself to quotes in magazines—leverage trade show speech quotes. Don’t limit yourself to the issues you believe are important to buyers—make your approach using what they say is vitally important.

Then, gently position yourself as a thought-provoker. Beware of being a cocky thought leader. That’s not your job. Your approach must not threaten the status quo or the way your prospect currently views the world. It must compliment (via the quote) and then gently nudge.

“Have you considered enhancing …” is a nudge. It’s less assertive than, “Have you considered replacing …” or “Would you be interested in talking about …”

The Experts Are Wrong
Once again, the claims of “experts” sabotage our ability to succeed. They say you can’t use LinkedIn’s InMail or standard email to sell. Why? Because chief executives “aren’t on social media to be sold to.”

But effectively written messages can get chief executives to stop, listen, respond and converse with you. There is a proven technique to increase InMail response rates.

Yes chief executives are difficult to sell to. But you can you spark conversations with them using email, InMail and LinkedIn. Not about selling. Instead, make your message about anything that matters to them. Literally.

Then pivot. Connect your conversation to what you sell—if and when appropriate. What do you think?

Privacy – More or Less

As marketers, we should be gravely concerned about the questions of privacy and the ethics surrounding collection and use of what many email recipients consider private information. Please bear with me as I continue my commentary on the topic

As marketers, we should be gravely concerned about the questions of privacy and the ethics surrounding collection and use of what many email recipients consider private information. Please bear with me as I continue my commentary on the topics.

The line between business and marketing email is often blurred, and what affects one nearly always affects the other. Not surprisingly, privacy—and the lack thereof—is of heightened concern to businesses and individuals alike these days. With new and frequent discoveries concerning alleged abuse by both government and private agencies, this shows no signs of diminishing.

Google Is on the Hot Seat
It’s easy to despise Google. The company is a ridiculously successful behemoth that collects an immeasurable amount of data they then choose to use, sell, share and—seemingly arbitrarily—withhold in their quest to profit from what many recipients of email believe to be private thoughts, browsing experiences, correspondences, search phrases and more.

In two separate cases, Google’s collection and use of email data is being challenged.

In the first, a group of private email users have claimed Google illegally intercepted, read, and mined information from their private email correspondence in order to better understand the recipient’s profile and deliver targeted advertisements. (Wait. That sounds a bit like what I do as a marketer …)

In September, California Judge Judy Koh rejected Google’s bid to dismiss the case based upon their argument Gmail users had agreed to allow interception by accepting the company’s terms and privacy policies.

As the legal wrangling ensued, the lawsuit lost a bit of steam when the judge ruled these plaintiffs could not band together in a class-action suit because the proposed classes of people in the case aren’t sufficiently cohesive. Her ruling may well impact a number of other email-privacy cases in which she will be asked to rule, including lawsuits against Yahoo and LinkedIn. (In other cases, Facebook and Hulu are defending their right to monetize their members’ data.)

In a submission to the court, Google has said users of Google’s email service Gmail should have no “legitimate expectation” that their emails will remain private. A “stunning admission” of the extent to which internet users’ privacy is compromised, proclaims Consumer Watchdog (CW), a US pressure group.

This causes me to ponder: Yes, of course, Google collects more information than we do—but is it simply because they can? If we, as marketers, had the ability to collect to the same degree, would we? Is the difference between Google and my company the temperance with which the small business (compared to the conglomerate) would collect? As I said in my last blog, Spider Trainers—and other marketers—should proceed carefully, respectfully, and exercise care in not just what to collect, but how to use it. But is that a distinction without a difference to the average recipient?

Students’ Consent
In a similar lawsuit, students in California have come toe to toe with Google claiming the company’s monitoring of their Gmail violates federal and state privacy laws. This case, being heard by the U.S. District Court for the Northern District of California, was brought by nine students whose emails were subject to Google surveillance because their accounts were provided in part by Google in their Apps for Education suite; a suite touting more than 30 million users worldwide, most of whom are students under 18.

Google admits to scanning student emails to serve students targeted advertisements even though display ads are not shown in Apps for Education. Contained in a sworn statement, Google “does scan [student] email” to “compile keywords for advertising” on Google sites.

What’s different about this case is the age of the typical recipient. FERPA (Family Educational Rights and Privacy Act) issued in 1974, ensures the privacy of records of students under the age of 18 and, as big as Google is, they should not be immune to legal constraints of this act. Like the previous case, the students are seeking class-action certification for the case.

This begs the question: Are marketers immune? Perhaps in our B-to-C events, we too must be mindful of the age of our audience. Certainly we know that we are collecting more than most of our recipients imagine. What preteen suspects that emails from her favorite store are actually vehicles for accumulating information about her buying behaviors in order to send her more relevant email offers?

Extending Acceptance
The pivotal topic in many of these Google and Gmail users discussions should be this: Even if the sender understood and agreed to the terms and conditions, that consent could not and should extend to the recipient who has not consented and who is probably unaware their data and profile is being assimilated from these communications. The Electronic Privacy Information Center (EPIC) is also concerned about Google’s ability to build detailed profiles of Gmail users by augmenting email-collection data with information collected by Google’s search-engine cookies, though Google denies such cross referencing occurs.

The Government
For most adults, searches are easily defined. If law enforcement suspects of us wrongdoing, they get a warrant, search our house, our car, our locker, and then seize the evidence of a crime. With an email account—be that Gmail or any other—it’s different. Emails are seized first and then searched for evidence. It’s similar in approach to the argument of the Obama administration for collecting every American’s phone records—law enforcement doesn’t know what is relevant until they have reviewed it all. In other words, it’s a fishing expedition on a grand scale.

So, it’s not just the private sector misbehaving if a federal judge has found it necessary to admonish our own justice department for requesting overly broad searches of people’s email accounts—nearly all of whom have never been accused of a crime. It’s widespread, but worse; all data collectors are at risk of being painted with the same brush. It’s coming to this: If you’re collecting data, you must be committing some sort of offense in the form of invasion of privacy, and perhaps even acting illegally. (Wow! All I wanted was to send you a personalized dog food coupon because you have three mastiffs and a poodle named Fred, Pete, George, and Ginger.)

In this case against the justice department, Judge Facciola concluded prosecutors must show probable cause for everything they seize – especially since it is possible for companies to easily search for specific emails, names, and dates of content relevant to an investigation. It’s therefore not necessary to ask for all electronically stored information in email accounts, irrespective of the relevance to the investigation.

Education
It’s going to become necessary to become educators—we marketers must educate our clients on appropriate collection and use in order to delineate what we do from what is happening with Google, NSA, Yahoo, and others. Without our input, and our self-regulation, it is quite possible that we will be spoon-fed rules of engagement—and likely that those rules will reduce future access to less than what we have now.

With the caching of images and relegation of email to specific tabs, Google is already getting in between us and our recipients by intercepting data to which we’ve already become accustomed. It’s a slippery slope to be sure, but we do have an opportunity to steer this downhill roll in a direction that will protect our ability to be good marketers in a healthy balance with the privacy of our recipients.

In Other News…
In an ongoing case, a U.S. appeals court has again rejected Google’s argument that it did not break federal wiretap laws when it collected user data from unencrypted wireless networks for its Street View program.

In the U.K., the High Court ruled Google can be sued by a group of Britons angered when using Apple’s Safari browser by the way their online habits were apparently tracked against their wishes in order to provide targeted advertising. Google asserted the case is not serious enough to fall under British jurisdiction.

Microsoft is feeling the heat after acknowledging it read an anonymous blogger’s emails in order to identify one of their employees suspected of leaking information. The FBI was involved only after the emails had been read.

Maybe I need a new blog: Privacy Erosion.

Attribution is the Word of the Day

I’ve just returned from a few days in sunny Florida, attending the Direct Marketing Association’s Retail Marking Confernce 2010, and the main takeaway I received from it was that multichannel retailers today are struggling with attribution.

I’ve just returned from a few days in sunny Florida, attending the Direct Marketing Association’s Retail Marking Conference 2010 (RMC), and the main takeaway I have from the event is that today’s multichannel retailers are struggling with attribution.

Attribution is determining which of your marketing vehicles is reponsible for generating consumers’ purchases. And it doesn’t have to be all or nothing. For example, a catalog and search can share credit for a sale.

While attribution in the retail world is often viewed strictly as a way to figure out which online marketing programs — e.g., search, affiliate or display, social media — are responsible for the most sales, it also refers to figuring out which sales channel (online or off) are bringing in the most dough.

It’s a tricky thing: Old-line catalogers at the event claimed catalogs drive more online sales than websites or search efforts. E-commerce guys, on the other hand, said websites are where sales occur, so attribution should be credited to them. Email marketers were in the mix, too. They believe email messages received by opt-in consumers are the main driver of in-store and online sales.

Attribution is even more important these days, as corner offices are closely watching marketing teams, who are operating with tighter budgets, to see if spending is being accurately assigned.

The issue of attribution was discussed in several sessions at the RMC. A preconference intensive session led by Al Bessin, a partner at multichannel direct marketing firm LENSER, for example, discussed how customer and transactional information from multiple sources, such as website reports, email service providers and order management systems, can help marketers figure out which channels are working to ensure they’re spending their marketing budgets in the best ways possible.

Attribution was also discussed by Chad White, research director at Smith-Harmon, a Responsys company, in his his closing keynote.

White correctly identified attribution as the missing link, citing an Epsilon study that found 33 percent of permission-based email recipients said they usually visit a brand’s website directly after receiving an email about that brand, instead of clicking on an email link. So, he said, “online conversions attributed to email may be undercounted by as much as 50 percent.”

White also discussed an attribution experiment performed by REI, the outdoor gear merchant. In an effort to test email attribution, REI withheld emails from a certain group of customers while continuing to send them to another, and began monitoring sales. When the test was completed, REI discovered it was overstating the impact of email on online sales since a good portion of customers still bought even without receiving an email.

However, White said, “after determining email’s impact on store sales, which email previously got no credit for, REI discovered that email contribution to total sales was actually twice the level of cookied sales.”

So what’s the answer? Which channel drives the most sales? It’s really hard to tell, and it’s not an exact science. Whether you’re at a large company that has the resources to institute an attribution modeling system or a smaller company that performs witholding tests, it’s still a crapshoot, in my opinion. How can you really know why a customer decides to buy something?

How do you handle attribution? I’d love to hear from you.