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How do businesses track the performance of cyber security marketing?

Tom Finnigan · · 3 min read

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Most cyber security marketing reports open on reach: impressions, followers, open rates. A founder can read three pages of those numbers and still not know whether the marketing worked. The board’s question is shorter.

How many meetings did it book, and how many became clients?

Track meetings and clients, then work backwards

Businesses track cyber security marketing by following each target account from first contact to signed contract, and counting meetings booked, opportunities opened and clients signed over a fixed period. Reach and engagement still matter, but only as early signals that show where prospects stall.

This works because the buyers are few. A security vendor usually has a list of target companies, not a mass market, so you can see each one move. A report that says ‘impressions rose 30%’ can’t tell you whether the CISO you most want to meet has seen anything at all. A report built on named accounts can.

What to track at each stage

We track every target through six stages, set out on our campaigns page. Each stage has one plain test for whether the target has reached it.

StageThe target has reached it when they have…
Reachedseen something from you: opened an email, viewed a post, signed for a parcel
Engagedresponded: replied, clicked, attended or forwarded it to a colleague
Mettaken a first meeting with you, and they are someone on your target map
Opportunitya live deal with you, with a problem, a budget and a date
Clientsigned the contract
Advocatereferred you, endorsed you or let you tell their story

The table only earns its keep if someone acts on it. Each week, find the stage where the most targets stall and test one change there: a new subject line, a different post or an easier next step. One change at a time, so you know which one worked.

The last stage is the one most vendors forget to count. An advocate brings the next client. In a sector where security leaders talk to each other, a referral from one of them is the warmest introduction a vendor can get.

Influenced pipeline: the number a board asks about

Influenced pipeline is the value of live deals where your marketing played a part, even if it didn’t start them. A CISO who attended your roundtable in March and called sales in June is influenced pipeline. So is a deal where the buyer forwarded your survey to their CFO.

Our monthly report splits it three ways: meetings with named targets and how they got there, opportunities opened by date, and pipeline where our content, rooms or coverage played a part. We call them in the room, opened and influenced.

Attribution in security sales is never clean. A deal can involve the CISO, the CIO, a risk committee and procurement, and each saw something different. The fix is to record each touch when it happens, in the CRM against the contact, instead of reconstructing the story at quarter’s end. A record made at the time is evidence. One made from memory is a guess.

How long before cyber security marketing shows results

Content and outreach start in the first month, and relationships and pipeline build over the first quarter. Signed clients often take longer, because most of your targets aren’t buying right now. At any given time, 95% of business buyers are out of the market, according to Ehrenberg-Bass Institute research cited in the 2024 Edelman–LinkedIn B2B Thought Leadership Impact Report.

In Australia the calendar sharpens this. Technology budgets are set before the new financial year starts on 1 July, so a vendor that first appears in May is usually too late for this year’s list. That is why we plan 12 months out, starting from where the business wants to be and working back.

Sometimes it moves faster. A targeted webinar for one of our cyber security clients drew more than 40 registrations with no paid advertising, and one prospect signed as a client the day before it ran.

If your marketing report can’t tell you which named accounts moved this month, it is measuring activity. Ask for the six stages instead.

To see how your marketing measures up now, take the Marketing Pen Test: 16 questions, about three minutes, scored out of 100. For the bigger picture, start with what cyber security marketing is.