Dashboards that Boost ROI: 6 Examples and Characteristics

The Benefit of Dashboards

A Dashboard is a data visualization tool that displays real-time metrics and executive KPIs for a company. They’re implemented company-wide, displaying data from your Sales Cycle, Marketing Campaigns, CSAT scores, and much more. Dashboards are crucial for a company to grow and succeed as they give real-time insight into how your departments are performing, aligning some departments along the way (e.g. Sales and Marketing).

Great dashboards take time and patience to perfect as they require collaboration within your company. At the end of the day, you’ll want your entire company to love these dashboards so much that they keep them open all the time. This post contains dashboard characteristics that will guide you towards doing just that.

1) Departmental Dashboards

These types of dashboards consistently remind your departments of their performance, allowing for adjustments to be made wherever necessary. You may be thinking of Sales and Marketing at this moment, but don’t forget dashboards for your Administration, Accounting, Production and other departments too!

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Tracking invoices with Salesforce’s Einstein Analytics

For example, our Accounting Dashboard tracks and displays outstanding invoices by their age, amount, and expected payment date. We utilize a fully automated AR solution, EZ-AR™ to automatically follow up and collect expected payment dates and actual payments until they are received.

2) Aligned Dashboards

In addition to their individual dashboards, you should have one single dashboard for Sales and Marketing specifically for tracking revenue. It will keep them both aligned and should be reviewed on a weekly basis with everyone in those departments. Add key metrics to have insight into those opportunities that were driven by marketing campaigns to see which ones are working, and which ones need optimization. With everyone looking at the same dashboard, they are more prepared when entering a meeting.

In Account-Based Marketing (ABM), alignment is everything! So much that “70% of ABM users report that their sales and marketing organizations are mostly or completely aligned, compared to 51% for non-ABM users” – ABM adoption report, Sep. 2015. Whether your team utilizes ABM or not, dashboards are a stepping stone in completely aligning your teams.

3) Sales Cycle Dashboards

Take the stages in your Sales cycle and track them through a dashboard. There are multiple ways you can display this information; by each stage, you can populate it with the opportunity’s amount, the number of leads/contacts, and even the number of opportunities. Then display metrics for opportunities or leads/contacts that were closed-won, completed, closed-lost, etc.

Go even further with an advanced reporting analytics solution such as Salesforce’s Einstein Analytics to drill down into these metrics. Drilling down saves you time and provides you with additional insight into the progress throughout each step of your sales cycle. It allows you to be proactive instead of reactive.

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Sales Cycle tracking with Salesforce’s Einstein Analytics

4) Task Management Dashboard

These types of productivity dashboards give you insight into any open or closed tasks by project, project owner, etc. Rather than going through open projects one-by-one to view the tasks associated with it, have a dashboard that visually lays out all the projects assigned to a user, with the perspective tasks underneath each one. This dashboard keeps your project managers extremely prepared, and usually turns into their new best friend.

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Project Management with Salesforce’s Einstein Analytics

5) Dashboard Optimization

Your newly created dashboards won’t be perfect when you first roll them out, they never are. Work with your team to receive feedback and optimize their dashboards. This process will be ongoing as dashboards are a continuously growing platform, with new reports to add and adjust. More feedback from your team means they are consistently using them!

After deploying your dashboards, these updates are usually minor tweaks that take a few minutes. The Salesforce platform has easy to create dashboards where you can quickly drag and drop reports around to best fit the viewer. You’re also able to add visual components to each report, displaying them in tables, pie charts, funnel charts and much more.

6) Make it enjoyable

No one wants their new, exciting dashboards to look like replicas of what they were using in spreadsheets. If you really want your team to use these dashboards, you need to add some design to it. Aesthetically pleasing dashboards will see a higher use rate and get your team excited about reporting. Add some color, and we recommend using graphs, pie charts, and more when utilizing dashboards.

The bottom line is, the more your teams use dashboards, the greater your ROI will be.

If you’d like to learn more about how dashboards can benefit your company, please contact us below:

Stay Ahead in Account Based Marketing with Einstein Analytics

84% of Marketers are seeing higher ROI with Account Based Marketing (ABM) than other Marketing programs. Source: ITSMA

What is ABM?

Account Based Marketing applies time-tested B2B Sales and Marketing principles to the selling cycle by going after company accounts, or decision-makers instead of individual sales leads. This results in spending your time with more qualified prospects. If you would like to learn more about what ABM is, or how to take it a step further, view our past blog post – Go Beyond ABM with Account Based Management.

Why you should use Einstein Analytics with ABM

With the name, Einstein comes a few keywords: genius, brainiac, intelligent. Salesforce’s Einstien Analytics allows users to supercharge their ABM with artificial intelligence to create more personal interactions with every key account. Integrate it with the #1 CRM, Salesforce, and display ABM statistics on your dashboard, uniting your Sales, Marketing, and Service teams even more. Let’s take a look into some of the main highlights of using Einstein Analytics with ABM.

Identify Optimal Accounts and Reveal New Ones

Allow Einstein to do all the digging for you. Use predictive lead scoring to gain insight into which accounts are most likely to close. Go a step further and configure Einstein to develop and target lookalike accounts of your top customers, revealing new audiences to reach out to.

Personalized Customer Engagements

Develop personalized campaigns for your audiences to show the right ads with the right messaging, on channels your audience actually frequents. Combine that with account-based email journeys based on their role and interactions, and provide them with content they’ve shown interest in. Tie it all together with using dynamic content to provide personalized experiences based on the information you have on your accounts.

Aligning Sales, Marketing and More

Marketing is required to generate leads while Sales is required to turn those leads into clients; however, those two goals are not 100% aligned. Sales and Marketing need to share roles and goals to ensure that ROI becomes one of the organization’s top goals. With Einstein Analytics, it makes everyone at the company a marketer by utilizing marketing-approved email templates that are ready to send. Once the email is sent, keep Sales involved with real-time alerts when their clients open and interact with each email. Einstein Analytics goes the extra step and develops trends based off of your data to reveal new, qualified opportunities.

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Real-time alerts when your emails are opened, tracked links are clicked, pages are viewed, and more.
Report and Optimize Marketing Campaigns

In the Marketing world, almost everything is outdated. The article you posted a week ago is most likely outdated now. That’s why it is important to constantly track and optimize your campaigns. Einstein Analytics will visually show you how well your ABM campaigns are performing, highlighting the most successful ones. For your more qualified leads/contacts, track where your targeted accounts are moving throughout your Sales Funnel.

View Einstein ABM in action here.

5 Tips to Improve Your Email Marketing

Despite what many bloggers may say, we can confirm here at Corrao Group that email marketing, in fact, is not dead- it’s actually growing. According to the The Radicati Group, worldwide will top 3 billion users by 2020. Not only is email marketing growing, but also it delivers the highest ROI over SEO, SEM, and content marketing (Econsultancy)

This just means it is going to get harder and harder to grab ahold of your audience’s attention. This means your email marketing strategy is going to become a critical key in how you run build your marketing campaigns. Let’s take a look at what email strategies you can start implementing today:

Tips to Improve Your Email Marketing

  1. Segment your list

Segmenting your lists allows you to send emails that are more targeted to your audience. Not only does it allow you to be more target, but segmented and targeted emails generate 58% of all revenue. (The Direct Marketing Association, 2015)

Here are some ways to segment your lists:

By Sales/Marketing Funnel – New Leads need to receive different content then a contact that is about to make a purchase. Segmenting by what stage they are in your journey will allow you to help them move through the journey

By Location – This allows you to send content for events or store locations to people who actually live in that area

By Industry: Different industries have different needs and wants. You also can tailor different customer stories to people in those industries

  1. Personalize your emails

Personalizing your emails is proven to work. The open rate for e-mails with a personalized message was 18.8%, as compared to 13.1%  without any personalization in 2016. (Source: Statista 2016)

Here are some way to personalize your emails:

Gather accurate data from your audience: The only way to personalize emails is by having the correct data. Some data fields to get:

  • First Name
  • Email
  • Interest
  • Source
  • Location

Dynamic Content: Sending the right content to your consumer based on the data you have acquired on this. This allows you to create one email that dynamically displays the content your audience wants to see

Merge Tags – Bring information you have on your client into the email like first name, company name,etc

  1. Test when to send your email

Do not send your email at the same time every week. Test to see when your audience is opening your emails and engaging with them. You want your message to get your target at the optimal time that they will read it. According to SeoPressor, the best day to send your email is on tuesday and the best time during the day is from 9-11am.

  1. A/B Testing

At the end of the day opens and click throughs are what you looking for with your email strategy. A little tweak to a subject line or a call to action could make a difference to your bottom line. When A/B testing remember to only make one little change at a time so you can quantify what is actually making that change. Here are some parts on your email you can A/B:

  • Subject Line
  • Call to actions
  • Personalizations  (Hi There vs. Hi John)
  • Sender ( Marketing@company.com vs. John@company.com)
  • Images
  • Offers ( Free Trial vs. 10% off)
  1. Automations

Setting up automations can save a whole lot of time for you while increasing your customer lifetime value and increasing conversions. By setting up lead nurturing campaigns and other marketing campaigns, you could have personalized email on autopilot with different stages and/or events triggering them. Marketing automation drives a 14.5% increase in sales productivity and a 12.2% reduction in marketing overhead. (CMO.com) and Businesses that use marketing automation to nurture prospects see a 451% increase in qualified leads (The Annuitas Group).

Here are some ideas for marketing automation campaigns you can be running:

  1. Welcome Series triggered from a blog subscriptions or account creations
  2. Abandoned Cart Series triggered when customer leaves the shopping cart without buying
  3. Gated Content download triggered email

New ’17 Pardot Summer Releases: Engagement Studio

Summer is here! That means Pardot recently announced their new ‘17 summer updates. Just in case you missed it, they are making improvements to Engagement Studio.

For you long time users who may be familiar with Drip Programs, Engagement Studios are a new way to nurture prospects, customers, employees and more. Pardot is continuing to add new-and-improved functionality to Engagement Studio to improve how you can nurture and market to your audience.

Let’s take a look how these new 2017 features can help effectively manage your nurturing programs:

Utilizing Scoring Categories in Engagement Studio

For a quick refresher, Scoring Categories allow you to break down your scoring module by certain company departments, services, or products. By allowing users to adjust Scoring Categories within Engagement Studios, it provides an amazing way to maximize your nurture programs. How so? By adjusting select scoring categories, you can have specialized engagement studios for certain services/products, and with different categories, you can make sure they get placed into the right nurturing program.

New Scoring Categories Features inside the Pardot Engagement Studio

Scoring Categories are one of the powerful tools that Pardot Pro-edition users enjoy. If you’re interested, take a look at what else you can get with Pardot Pro Edition.  

Scheduling Engagement Studios

Have you ever set up an engagement studio ready to go but then forgot to turn it on? Don’t worry, the highly-requested feature of scheduling Engagement Studios has arrived. Now, you have the ability to automate the start and end times for your nurturing programs. From seasonal promos to product launches, scheduling your Engagement Studios gives you complete control of when you want the program to start and stop.

Scheduling an Engagement Studio

Also, to ensure that Engagement Studios don’t get started or stopped on the wrong days, Pardot is going to send you a reminder that your studio is going to start and end. This way, it gives you time to make schedule adjustments if you want to continue the campaign or leave it running.

Reminder Engagement Studio Email

Bonus: Multiple custom reply-to addresses

Pardot is also making advanced updates to their email tools. Just like having multiple senders, you can have different custom reply-to addresses. From there, you can control where the replies are sent.

Multiple Reply-to Addresses

It works as the same as the send-to section, where you can specify whether it’s the assigned user, general user, or a particular user in Pardot. Just like the sender portion, now you have a backup plan for those hundreds of replies!

Quick Reminder: Be sure to update your tracker domain settings because, on August 10, Pardot is going to be doing a security update on the tracker domains to see if they were validated. If the validation code is not included when Pardot does the update, your domain will revert back to go.pardot.com.

You should receive an update via Pardot system email about that but if you need some help.

On the way! Salesforce has been working on the ability for prospects to match automation rules more than once, they are a couple weeks away from releasing it.

Pardot Webinar: How Corrao Group Boosted Sales by 40.3% for Avalon Shutters

Corrao Group invites you to join us for our free webinar hosted by our CEO Jack Corrao on May 22nd 11am PST. For this webinar, we have put together an in-depth case study examining one of our manufacturing clients, Avalon Shutters, and the process behind how we helped them optimize Pardot to achieve the following results:

  • increased email CTR’s to 30.7%
  • aligned internal Sales, Marketing, and Operational teams
  • uncovered and implemented a new revenue source
  • set up email automation for long-term success

This 1 hour presentation will reveal how we generate success for our clients every day while maintaining the professionalism of being a Salesforce Silver Certified Partner. Enroll Today!

Corrao Group Family Tree – New Website Launch 2017

 

The Corrao Group Legacy

What is the definition of a family? To the Corrao Group, this means more than just blood relation. “We run our company like a family and our customers like our extended family” says CEO Jack Corrao.

Jack has spent collectively 35 years in both the public and private sectors, and 15 years running his own business allowing him to fully understand what universal truths that impact businesses the most, ultimately giving him the competitive edge over most Certified Salesforce Consulting Partners.

Realistically, not many businesses have the roots required to withstand the harsh, fast-paced, ever-changing environment quite like the Corrao Group does. With their headquarters located in historic Sorrento Valley, this national consulting firm has persevered through 15 years of the elements serving 720+ clients and completing 1300+ projects and counting. They have adjusted to the turn of the century with the emergence of Web 2.0, thrived through the economic recession of 2008, and continue to lead by example, delivering business management best-practices for their clients each and every day.

While Corrao Group has undergone a series of transformations, some underlying themes remain deeply rooted throughout the years, such as their dedication to giving back to the community.  

In addition to donating to local schools in the community, the Corrao Group also hosts office space to ENF, who help children with cancer get the products and services needed when finances fall short.  They understand with great success comes great responsibility so they adopt the practice of goodwill into their daily lives, serving the community in which they live.

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What’s their secret to longevity?

We take the time to listen to our customers,” says Jack Corrao II, “It’s this 15-year dedication to our client relationships that sets us apart from most (business) partners.

The Corrao Group has demonstrated time and time again their dedication to their main goal – solving the issues that keep business owners awake at night.

From conducting Quarterly Business Reviews (QBRs) to defining company-wide KPI’s, from addressing business strengths and weaknesses, to teaching successful operations practices, Corrao Group has proven their passion for internal growth since they were founded in 2002.  They even ventured so far as to create their own SaaS – EZ-AR – to solve their client’s common issues surrounding Accounts Receivable and invoicing.

Unlike most consulting firms, “We don’t sell anything we don’t use”  explains Jack Corrao II. No product or service will be recommended to clients if the Corrao Group hasn’t implemented and scaled it successfully on their own.  Because of this, the Corrao Group has gained a reputation in the industry for taking products and applying them in new and innovative ways, essentially breathing new life into businesses and their products.  

This is also what makes them such great marketers for their clients. On top of building a deeply-rooted yet flexible company foundation, the Corrao Group has a secret weapon – attention to detail.  Seeing as how most clients tend to overlook and prioritize assets as they see fit, Corrao Group has managed to make large scale differences with minor yet critical optimizations.

Lastly, what truly separates Corrao Group from the competition is their faith in the nurturing -or pruning- phase of the business lifecycle.  No matter where your business may lie along its journey, the Corrao Group understands the sometimes tedious yet necessary steps required to advance to the next stage. They are able to provide a purely objective outsider assessment without putting your business’s security at risk. With 15 years of business consultation experience under their belts, they function as the best business partner you never had.

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Why now?

As the Corrao group celebrates 15 years of serving its clients, they are also celebrating their new and improved website with a timely refresh of branding and service updates. Corrao Group is extending an olive branch to large scale companies that are now abandoning outdated business procedures and sluggish development processes for the adoption of newer technologies and internal operations software.  Corrao Group has produced and reproduced success by implementing a number of strategies and applying products with their current clients at a growth rate worth sharing.  The Corrao Group is now promoting their abilities to scale and meet the heightened demands of the industry- all starting with yours.

The Corrao Group promise: To nurture and grow your business no matter what state in the business lifecycle process so that you are positioned for sustainable success and long term growth.

*UPDATED* Services / Products Available:

    • Free Quarterly Business Reviews
    • Salesforce Custom Implementation
    • Salesforce platform Optimization & Expansion
    • Pardot Custom Implementation
    • Pardot QuickStarts
    • Salesforce Engage Implementation
    • Remote Admin Support
    • Marketing Cloud (NEW)
    • Marketing Service Agreements (NEW)
    • Lead Gen, Content Creation, Email Marketing, and CRO (NEW)
    • Salesforce Service Agreements (NEW)
    • Platform Service Agreements (NEW)

5 Reasons To Go Professional with Pardot

With paid technology such as Pardot comes the need for ROI in order to continue using the tool. Pardot has three different editions: Standard, Professional, and Ultimate. Whether you’ve already purchased Pardot Standard edition, or are looking for insight into which edition to purchase, look no further. Pardot Professional edition has 5 very convincing features that your team can use to optimize your ROI.

1. Advanced Dynamic Content

By capturing important data points inside of Pardot, you can personalize your content to your prospects. According to Aberdeen, personalized email messages improve click-through rates by an average of 14% and conversions by 10%. Using Pardot’s advanced dynamic content, you can put the right content in front of the right prospects based on what information you’ve already collected about them. You can also use dynamic content on your website to personalize your prospects entire web experience with custom landing pages and forms.

Benefits:

  • Personalized content sent based on your defined prospect segments
  • Reduces time spent and manual errors when drafting/creating emails

2. Email A/B Testing

What subject line will cause the best click-through-rate? Which call to actions are driving more conversions?  Well, you can easily have all these answers provided to you with Pardot’s A/B testing capabilities. Email A/B Testing allows you to change various elements of your email, segment your audiences into various lists, and see all the data results directly in the program. Additional testing features include splitting a small portion of an audience, conducting an A/B test, and distributing the winning email to the rest of the remaining audience.

Benefits:

  • Increase in Open Rate and Click-Through-Rate of emails
  • Deeper understanding of your prospect’s, and more so your targeted industries’ needs/interests

Pardot A/B testing

3. Email Rendering & Preview Analysis

It’s common knowledge that everyone looks at their emails on different web browsers and devices. Pardot’s Email Rendering function allows you to see how your emails look like in multiple different browsers and from multiple different devices to allow you to optimize your own emails straight from the Pardot platform. An additional perk – Spam Analysis – tests your email against the top spam filters and provides you with recommendations if your email is at risk of triggering the filters.

Benefits:

  • Optimize emails for various browsers & devices
  • Bypass email spam filters

Pardot Email rendering

4. Live Chat Support

Ever get stuck with a service issue and end up waiting days, sometimes even weeks to get it resolved? With Pardot Professional edition, they provide live chat support in order to get your problem resolved and your day back on track. Their knowledgeable chat agents will answer any Pardot related questions within minutes so you can leave the major problem solving to Pardot professionals. Don’t worry if you wake up in the middle of the night with a Pardot question, their chat support is open 24 hours a day, Monday through Friday.

Benefits:

  • Solve any Pardot complications that may arise in a both timely and professional manner
  • Get responsive support 24 hours a day, 5 days a week from knowledgeable Pardot experts

Pardot Clark Chat Support

5. Marketing Calendar

No matter what the size, it’s vital for your marketing team to have a high-level overview of everything going on within their marketing automation system. This marketing calendar allows Pardot users to see past, present, and scheduled emails, social posts, webinars, events all in one calendar.

Benefits:

  • Unified marketing team
  • No more overlapping of planned marketing efforts

Pardot Marketing Calendar

What Salesforce Workflows Can Do for Your Business

After learning how you can boost your ROI 1000%, you can now see how powerful optimizing your CRM is and how important it can be for your business processes. Whether you are a new, existing, or a power Salesforce user, there are always ways to expand and optimize your current system in order to get the most out of it. With a lot of different moving components in your business process, it is challenging to monitor everyone’s progress. One of the ways to stay on track is through utilizing automated Salesforce workflows.

So what is workflow automation exactly? Workflow automation is a simple way to manage and drive your daily business processes through setting up automated actions and events without spending the extra dollars on additional systems or manpower. It provides you and your team the freedom and the time to be more efficient and not bogged down with day-to-day tasks. Many people get discouraged when talking about workflows, but don’t worry, workflows do not require any technical coding to be built. Before we talk about how workflows rules can be put in place to optimize your Salesforce, lets breakdown the 3 components:

Workflow rules are broken down into evaluation, criteria, and actions. Evaluation is how you determine if that record goes through the workflow. Criteria is where we match the records to predefined rules. Actions are what triggers the automation once the criteria is matched.

Here are some ways people utilize and create workflows for their day-to-day operations:

  • Alerts for Opportunities – Receive an email alert whenever an opportunity has been won or receive notification instantly of the reason why a deal was lost.
  • Send Tasks and Notifications – Using time dependent actions, you can trigger follow ups or reminders. This way you can ensure nothing gets lost, and keeps your team accountable.
  • Maintaining your Database – Standardize and streamline data inputs using field updates to maintain and validate data to ensure clean data. Having a clean database is required for effective reporting when viewing analytics.

Regardless of how long you have had the system, Salesforce workflows are just one of the many ways you can streamline your business processes utilizing preexisting Salesforce functionalities. By doing so, this allows you to save time but also helps you lay down the foundation for huge increases in Salesforce ROI.