This
thought
Below,
practices
B2B Marketing and Sales
The current state of B2B Marketing:
- Control has shifted away from the salesperson, since a salesperson is no longer the sole information
provider. Companies are not reaching out to a salesperson until they complete their own research online. - 71% of people say purchasing from a website is more convenient than speaking to a sales person — this went
up 15% in last 2 years.
What B2B buyers want from their sales reps:
- B2B buyers want a high value added interaction. Buyers have already researched the basic information on
their own. - 77% want sales reps to present a solution with data that is customized for the buyer
- 77% want sales reps to help them learn something new, show how their product / service impacts their
business, and to pivot meetings to discuss what the buyers want to talk about.
How to engage today’s B2B buyers:
-
- B2B buyers have a self-directed approach. They don’t want to be sold to. They prefer to consult with 3rd
party experts, access social networks, and peer review sites. - As a seller, you have to amplify what the buyer is doing and provide them with rich, high-value content,
rather than creating basic content that they already know. - You need to have ongoing education (online or in-person) for the buyer – attend a capabilities meeting and
attend industry events. - Before, the product or service took center stage, but now the seller needs to take center stage and project
a thought provoking and charismatic personality.
- B2B buyers have a self-directed approach. They don’t want to be sold to. They prefer to consult with 3rd
Sellers need to be:
-
-
- Explainers ( Show me )
- Consultants ( Enlighten me )
- Order takers ( Serve me )
- Navigators ( Guide me )
-
Why you should embrace social media marketing:
-
-
- B2B marketers rate social media as one of the 3 most effective demand generation tactics
( Source: Forrester
Research ). - 72% of B2B social media sellers outperform their peers who don’t use social.
- Social is a great way to engage and build relationships directly with the customer.
- B2B marketers rate social media as one of the 3 most effective demand generation tactics
-
The best way to succeed is to put the buyer at the core of everything you do:
-
-
- Personalized engagement
- Self direction
- Ongoing education
- Use predictive tools for targeting your customer
-
Content Marketing
Content
-
-
- 73%
of companies plan to produce more content in the next year. - 42%
of companies plan to spend more on creating content. - However,
only 35% of companies say their content strategy is effective.
- 73%
-
How
-
-
- Everything
your customer comes in contact with is considered branded content.
Makesure you’re creating a seamless and worthwhile experience. - Make
customers feel like they’re part of something when they engage with your
brand. - Rather
than churning out as much content as you can, you need to focus on quality. - The
best content is bigger, braver, and bolder. Tell a story that puts your business in
thecontext of what people care about. - Engaging
content is about brains, not budget. It’s about understanding your target
customerand telling your story. - Smart
companies don’t engage in conversations, they create them. - Tone
of voice is a tool most brands undervalue. It can demonstrate: - Who
you are - Why
you do what you do - What
you’re like to deal with - Make
the ordinary extraordinary. Reexamine every part of your marketing. Look for
opportunitiesto make better connection in untapped areas. - “If
the label [brand] falls off, people should still know it’s yours.” - Every
piece of content you create should ultimately help people feel more confident
aboutspending their budget on your product or service.
- Everything
-
Blue
-
-
- Michael
Phillips 2010 world barista champion and director of training for Blue Bottle
Coffee,created a “Secret to Brewing Amazing Coffee” video that added value
becauseof his world class expertise. - Michael
wasn’t a professional speaker or host, therefore his authentic personality
andstream of consciousness shined through when he spoke. - Providing
deep content value that comes from an authentic place, creates smarter
customerswho can appreciate the intricacies of your product. - Blue
Bottle’s strategic use of their employee’s expertise made customers feel like
theywere a part of the company’s vision to brew world class coffee.
- Michael
-
Humane
-
-
- Pet
shelters typically make you feel guilty in their commercials (i.e., Sarah Mclachlan
commercialswith sad animal faces). - However,
this Humane Society disrupted industry clichés by using humor and
animalmemes. - They
also talked about how donating to shelter helps not just animals but people
too. - Youtube video example – a rescue dog helped a man lose weight and build his self-esteem
- Pet
-
Levenfeld
-
-
- This
law firm noticed that attorney profiles were the most viewed part of their
website. - So,
they hired a video crew to interview their attorneys and ask them deep life
questions(what did you want to be, most prized possession in office, if you could
timetravel where would you go). - This
showed in depth who they were as people, not just lawyers (a big contrast to
thecompetition’s bios). - This
content engaged viewers and boosted their business.
- This
-
Email
The
-
-
- 80%
of people only “scan” emails. - 58%
of adults check their email first thing in the morning. - Receiving
too many emails is the #1 reason people unsubscribe. - Adding
video to your email campaigns can increase engagement and click rates by
300%. - GIFs
increase engagement and click rates by 42%, conversion rates by 103%, and
revenuegeneration by 109%. - Email
conversion rates are 40 times that of Facebook and Twitter conversion rates. - 58%
of marketers plan to increase spending on emails in the next year (more than
anyother channel). - Nurtured
leads through email ( multiple email touches ) make 47% larger purchases
thannon-nurtured leads.
- 80%
-
Importance
-
-
- 75%
of people say the “from” name has the highest impact on their open rate.
- 75%
-
Importance
-
- 68%
of people say the subject line has the highest impact on their open rate. - Character
count doesn’t matter, choice of words matters more. - But
keep in mind that iPhones cut off subject lines after 32 characters - Superlatives
can affect the open rates. However, you need to choose words that
addvalue ( instead of generic words ). - Example
of how to increase your open rate: - Use
“Special”, “brand new”, “latest”, “exciting.” - Example
of how to decrease your open rate: - Use
“Good” or other generic adjectives - Questions
increase open rates. - Questions
that start with “can’t” and “won’t” do better than questions that
startwith “will” or “who.” - Use
punctuation to your advantage. - Your
punctuation should sound like a natural speaking voice
Importance
of design: - Over
56% of people open their email using a mobile phone. Optimizing your design
formobile is no longer optional, it’s essential.
Importance
of targeting: - Personalizing
your email by using the target customer’s first name can raise open
ratesby 26%. - If
you use targeting data to segment your campaigns (age, location, interests, etc),
youcan increase your revenue by up to 760%. - 90%
of consumers find custom email content useful
Email
automation tips: - Email
1 Say thank you and make a good first impression - Email
2 Use a case study or some other social proof - Email
3 Provide high performing content and profile of new subscribers - Email
4 Be bolder and ask specifically for a CTA
Increase
engagement with “welcome” email campaigns: - “Welcome”
emails are typically sent automatically after the customer makes a
purchasefrom you or signs up for your mailing list. It’s important to give your
audiencea next step for doing business with you.
.
“Welcome”campaigns have a: - 4x
higher open rate than other campaigns - 5x
higher click through rate than other campaigns - 33%
increase in long-term engagement than other campaigns - 57%
of companies do welcome campaigns - The
best time to send these is as soon as possible. Real-time welcome emails are
mosteffective. - If
you don’t have anything to give away, a simple welcome message from your CEO
canhelp secure customer trust.
Additional
effective email campaigns: - Pre-
and post- tradeshow emails are a great way to keep in touch with your audience - Pre-tradeshow
emails can include directions to get to the event, parking tips, etc - Post-tradeshow
emails can include “thanks for stopping by our booth.” - Transactional
emails and receipts are 8x more likely to be read - You
can “give more” content in these emails since you know they are more
likelyto be opened (i.e., information about a later sale, tips and best practices
forusing a product)
SEO
Strategies Optimizing
your website for SEO: - You
Need to build a solid foundation first. It’s not worth your time to optimize a
websitefor SEO that is currently built poorly. Clearly define your target personas - Things
to avoid when designing your website - Non-indexed
pages - Slow
page load time - Duplicate
content - Broken
links - 404
errors - Redirects
other than 301s - Excessive
URL parameters - Poor
use of keyword density - Poor
implementation of user intent ( what is the user trying to find on each
page?) - Poor
use of themes - Poor
variety of content - Duplicate
or missing title tags - Duplicate
or missing meta description tags - Cluttered
or inefficient code - Poor
mobile optimization - Large
image files - You
must optimize images - Smoosh
is a great plug-in for downsizing pictures for file size - Faulty
redirects - Not
using tags correctly ( rel=“alternate” and rel=“canonical”)
Your
website must be optimized for both front and back end optimization: - Front end is what the browser works with: HTML,
CSS, JavaScript, media ( images, video, etc.. ) - Back
end generates the page for the browser - Integrating
database content and displaying in the browser
Questions
to answer when creating personas for your website: - What
are the words that your personas use? - What
are their questions and concerns? - What
websites do they frequent? - What
is the best way to communicate and reach them? - What
does the perfect persona profile look like? - What
are their pains and fears? - What
are their barriers to adoption?
Creating and Targeting Paid Ads
The
psychology of today’s customer: - It
takes 28 interactions with a brand for consumers to feel comfortable choosing them - Therefore,
customers don’t always engage the first time they see social
mediaads. - It
takes some time to build brand recognition and trust - In
the year 2000 the average attention span was 12 seconds, today it’s dropped to 8 - Comparatively:
the average attention span of goldfish is 9 seconds - In
the automotive industry, 3 out of 4 consumers change their mind from what they
initiallyset out to purchase. - These
metrics are similar in other fields – it’s very easy to influence buyers
*Sources:
Ann Handley (MarketingProfs), Mary Shea (Forrester), Hannah McNaughton (Metric Marketing),
Jeremy Hudgens
(GeniusMonkey) - Use
- 68%