Marketo, the fastest growing provider of social marketing automation and sales effectiveness software, thought leadership, and best practices for Revenue Performance Management, has always put a high priority on analysis and refinement of their own tools and processes for increased efficiency and effectiveness.
Although Marketo experienced an increase their conversion rate using shorter forms, the reduced quantity and quality of data captured by those forms hindered key processes such as scoring, routing, and segmenting incoming leads prior to the hand-off to sales. Marketo looked to ReachForce for a solution to help bridge that gap.
After conducting extensive internal testing with shorter website registration forms, Marketo increased conversions by a significant 34%. However, the shorter forms resulted in a lower quantity and quality of data being captured and hindered key processes such as scoring, routing, and segmenting incoming leads prior to the hand-off to sales. Marketo looked to ReachForce for help.
SmartForms provided both the functionality needed to keep our forms short and conversions high, as well as volumes of additional critical data we didn’t previously capture at the point of entry.
SmartForms went well beyond a boost in conversion rates and also impacted lead latency within the organization’s sales teams by shaving hours, and in some cases days, off Marketo’s qualification process.
“It’s not often we find a solution that dovetails quite as neatly with our core values and promises to our clients,“ confirmed Miller. “SmartForms is one of the few that fuses both web form best practices and clear revenue implications to the point that we actively promote it as an element of our “secret sauce for marketers.”
Additionally, Miller relayed that since adopting SmartForms, the type of high-value data points Marketo is able to capture contributed to enhanced conversions and an increase of ROI across all online programs by up to 10%, and the reduced time spent researching and reassigning incoming leads has increased productivity in the Sales Development team by 23%.