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Posts Tagged ‘B2B marketing’

How PR Newswire Created a Customer-Centric Demand Gen Engine

January 13th, 2017

In today’s digital landscape, the buyer is in control and is more sophisticated than ever before. In fact, according to Forrester, 93% of B2B buyers prefer to transact online when they have decided what to buy.

After publishing this week’s B2B case study featuring cyber security firm SecureWorks’ transformation of its demand generation, I realized how vital a clear, built-out purchase path can be for both marketers and consumers.

With that, I decided to reach back to a Media Center Interview with Ken Wincko, SVP of Marketing, PR Newswire, who spoke at last year’s MarketingSherpa Summit on the topic.

 

To effectively engage and target buyers, Ken and his team developed a sophisticated buyer-centric go-to-market approach that employs tailored content aligned to key segments and personas across the entire customer lifecycle.

It starts, he said, with recognizing that customers have options and that it’s very easy for them to make choices on their own.

“What we’ve really focused on is becoming buyer-centric, and to focus on [buyers’] core informational needs,” he said. “What are their challenges? Where are the opportunities for them?”

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The Most Shared Articles from MarketingSherpa Blog in 2016

January 9th, 2017

While the jury may be out on 2016 as a whole, marketers have had a very exciting year, and MarketingSherpa (if we may say so) has hopefully shown a spotlight on it through our content.

In light of celebrating the good of 2016 as we’re all madly planning what 2017 will bring, we’re revisiting the most popular articles from the past 12 months. Looking back at top content helps us see what our readers found to be the most helpful and valuable content, and it helps you to know what your peers are looking for.

Below, see where we’ve been this past year using the nine most popular articles to find what elements you might want to bring with you into 2017…

#1. Six Places to Focus to Make your Website a Revenue Generator

We have more digital marketing channels than ever before, but it’s become even harder to connect with customers.

One thing’s become clear, that there is a growing divide between those who are fully engaged with digital marketing and those who are still figuring out the fundamentals. This interview with Kristin Zhivago, President of Cloud Potential, goes over her report on “revenue road blocks,” as a deep dive into what she’s discovered to help marketers quickly close this digital marketing gap and do better.

If marketers directly address getting the six key focuses covered in this blog post right, you can move forward and close the gap between digital and customers.

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How HCSS Used an Interactive Contest to Increase Web Traffic 800%

December 9th, 2016

Pretty often with complex B2B products and services, it can be difficult, even for customers to show off the intricacies and value of the entire process.

With more than 4,000 construction companies and 45,000 end-users on HCSS software, the company was looking for a way to leverage clients’ stories and turn them into usable and compelling content.

 

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How SAP Engaged Its Best Customers to the Close of $27 Million

October 28th, 2016

What do you do when optimizing customer engagement means transforming the way an entire organization thinks and functions?

Making a transformational shift in any company is a huge undertaking of thousands of details. In the midst of all of those details, you absolutely cannot forget to ensure that everyone, company-wide, is on the same page and focused on a unified value proposition.

When I spoke with Eric Martin, Vice President of Marketing, North America, SAP, the company had just undergone a transformation to account-based marketing, specifically in North America.

“It was a matter of bringing together a lot of existing marketing resources, and creating some new ones, and focusing them on a sub-segment of customers, a small group, that really you could consider the most strategically important customers,” he said.

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Five Tips From a Personal Care Industry CEO for Setting (and Getting Approval for) Your Marketing Budget

September 9th, 2016

When we ask marketers about their biggest challenges, budget issues are usually at or near the top. Ecommerce marketers say size of marketing budget is the biggest challenge to their companies’ ecommerce operations. B2B marketers say lack of resources in staffing, budgeting or time are the biggest barrier to overcoming their top challenges.

Everybody is challenged by the budget in some way.

So to give you a business leader’s perspective on key budget questions: What should you prioritize in your budget? How should you work with the rest of the organization? How do you get your key priorities approved?

I looked outside of the marketing-sphere and interviewed Stuart Benton, President and CEO, Bradford Soap.

Budgeting Advice CEO_Sherpa_DB

Stuart has a unique perspective on budgeting, as he was formerly Bradford Soap’s CFO, and has a perspective on selling products as well from a previous stint as Director of Sales and Financial Operational Planning at Veryfine Products, a $250 million juice company (at the time).

To give you some context, Bradford Soaps is a 140-year-old, $100 million organization with 700 employees that develops and manufactures soap for Dove, Johnson & Johnson, L’Oreal, Tom’s of Maine, Dr. Bronner’s, and other brands.

“We make the majority of all the specialty bar soaps in America,” Stuart said.

Here are some tips from our conversation to keep in mind as you set your next budget…

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Content Strategy Versus Content Volume: How HR tech company, WorkCompass, wrote less content, but increased leads by 300%

January 29th, 2016

Content marketing is a lot of work. Any company doing content marketing has to also run a media business on the side of their regular business.

But what if you could do less writing and still increase your leads by 300%?

That’s exactly what Alan O’Rourke did at HR performance management software company, WorkCompass, with a small marketing team.

According to his blog post on Audience Stack, O’Rourke was having trouble getting his content marketing efforts to pay off.

I tried it for a few months but found I was just sending more content to the same people. More was not better. It was just more. Using basic inbound marketing our audience and reach was not growing.

So what he did instead was create an inbound marketing strategy that focused 70% of his team’s effort on promoting his content, and 30% of his team’s effort in actually creating the content.

The results were fantastic. In fact lead capture (my primary measurement of success) jumped by over 300%!

Fortunately, he mapped out his entire strategy in a nice infographic. He calls it the One Month Micro B2B Marketing Plan — although I’m sure most savvy ecommerce marketers out there will be able to apply the same principles to their own content marketing strategies.

Micro B2B Marketing and Promotion Plan - Audiencestack.com
The Micro B2B Marketing and Promotion Plan from AudienceStack.com

 

So what does this mean for your team?

It means you can at least test slowing down your editorial calendar to produce higher quality long form content to promote over and over again.

P.S. I found O’Rourke’s blog post and infographic from a post on Reddit, where he had promoted it. Now I’m writing about it here, giving him links and hopefully sending a significant amount of traffic his way. So he’s doing something right.

 

You might also like

B2B Marketing: Content strategy results in 50% of qualified leads being inbound [From MarketingSherpa]

Content Marketing 101: Tips on content strategy

Content Marketing: How an energy data company’s content strategy increased leads by 733% [From MarketingSherpa]

Inbound Marketing: Beef jerky company develops content strategy around brand character to increase social media fans 2,113% [From MarketingSherpa]

Fuji Xerox Launches New B2B Product With a Fashion Show

December 29th, 2015

“I think the industry … Fuji Xerox is [in is] a very competitive one,” Steven Caunce, Corporate Affairs Manager, Fuji Xerox, said.

Aside from the competitive B2B space, “selling print devices to large organizations, it’s not a particularly sexy business to be in, so we’re always looking for different ways to try to engage and motivate our customers.”

A prime opportunity to engage customers in this manner is when launching a new product, he said. It’s especially important since the industry is so competitive.

To generate excitement for the Versant 2100 printer, the team at Fuji Xerox created a fashion show featuring a fictional designer, complete with direct mail “lookbooks.”

The creative event campaign Steven and his team came up with generated new sales, inspired the brand’s sales team and accounted for 34% of the Asia-Pacific sales total.

 

Read more…

Crawl, Walk, Run: How Ferguson began customer-centric email habits to generate over $21 million in online revenue

September 4th, 2015

I’ve interviewed around 500 marketers since I started as a reporter at MarketingSherpa. Looking back, most of those conversations are inevitably a bit of a blur, but it’s marketers like Mary Abrahamson, Email Marketing Specialist, Ferguson Enterprises, that truly stand out.

Mary was a first-time attendee at MarketingSherpa Email Summit 2014, and took back what she learned to her office and implemented a transformative, customer-centric campaign that led to her winning Best in Show at Email Summit 2015.

“I learned a lot at Email Summit last year, and coming back [to the office], I felt like we were in an okay place, but we had a lot of room to grow,” she said, explaining that the team began taking steps to refuel their database.

When the team began making changes to view the email program as a whole enterprise, they took what Mary referred to as the “crawl, walk, run approach,” which is where they started off small and went back to optimize later.

The first thing to know when it comes to email relevancy is: there is no email that fits your entire list.

Marketers get requests all the time from different teams and interests to send out an email, and it’s up to the email marketing team to be the stopgap for what goes out to customers.

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Content Marketing 101: Tips on content strategy

April 14th, 2015

By this point, I think most marketers understand the value and importance of the content marketing channel. It’s well known that prospects for both consumer and B2B marketers are now doing most research on their own — I’ve seen research reporting B2B prospects are now getting 80% down the pipeline before ever raising their hand and letting you know they might be a customer.

content marketing

 

A prospect 80% down the pipeline is likely going to be a more qualified prospect because they are nearing the end goal in terms of making a purchase — and because Marketing and Sales only have to get that last 20% to close the sale. At the same time, it means you can’t just push out marketing messages to names and leads in order to reach the entire marketplace.

The solution to this issue is to have a solid content marketing strategy in place, maybe even making content marketing the centerpiece of the overall marketing strategy.

Having spoken with hundreds of marketers about their content strategies over the years, I wanted to share tips on some of the basics of content marketing with the MarketingSherpa Blog reader.

 

It’s not about selling

One point about content marketing that can’t be emphasized enough is this: It’s not about selling your company, your products or your services. At its core, a content marketing strategy is targeting those prospects in the research phase that have yet to identify themselves as potential customers. You don’t know their names; you don’t have their email addresses in your database, and they might not even follow you on social media.

However, they are conducting research on your products, your services, your marketplace, your competitors and your company. If you can become a resource of basic information and instruction around the general marketplace of your business, you can become a trusted destination for those as-yet unknown prospects.

The two terms to keep in mind here are thought leadership and brand awareness. If you can provide valuable and relevant content to people conducting research on your marketplace, products and services, you can become a thought leader for information in that space.

As people visit, and revisit, your website and other digital outposts (such as a Facebook page or answer to a question on Quora) without being sold to, they will become aware of your brand. When they do decide to take a more definite step and raise their hand to be sold to, hopefully you will be top of mind.

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Social Media Marketing: Adding Reddit to the mix

April 8th, 2014

Social media is almost certainly a part of your marketing mix by this point. Facebook and Twitter are the two overall leaders, and B2B marketers are probably at least looking into how to leverage LinkedIn. Then, there are a host of additional social media platforms such as StumbleUpon, SlideShare, Pinterest, Vine, Quora and many others.

One platform that probably isn’t on most marketers’ radars is Reddit. Marketing tactics on Reddit are not readily obvious, and the platform’s users are not there to be marketed to and don’t welcome any interaction that feels like marketing.

Should you consider Reddit in your social media strategy? If so, how should you approach the platform?

To answer these questions, we reached out to two experts in marketing on Reddit: Brent Csutoras, Social Media Strategist, Kairay Media; and Greg Finn, Internet Marketer, Cypress North.

Here is the result of that discussion.

 

MarketingSherpa: It sounds like a key challenge to marketing on Reddit is the platform’s policies toward that activity. Briefly cover what marketers should know and understand about these policies.

Brent Csutoras: It is very important to first understand that Reddit is not a single community, but rather a platform to either join existing communities or to create your own communities. Each community is made by a Redditor who then can add moderators and who makes the rules for which everyone in the community must follow. It is super important before trying to submit any content to Reddit to understand the moderators and the rules for each Subreddit you intend to submit your content to.

For instance, some Subreddits will not allow certain domains to be submitted to their community, some like “TodayILearned” require content to be at least two months old, and some like “/worldnews” do not allow news about the U.S.

As to the challenge of marketing to an audience who is by nature against the concept of marketing, it definitely takes someone with a long-term goal and general interest in Reddit to balance the line between being a valuable member of the community, while at the same time, trying to submit your own content.

Greg Finn: The biggest question to ask when participating in Reddit is: Are you contributing? That’s essentially what you should be asking yourself before beginning any type of “marketing.” One of the lines in Reddit’s User Agreement is:

“Cluttering Reddit with junk or spam reduces the quality of the Reddit experience.”

Make sure that you are going into the site with the mindset of increasing the quality of content shared. Also, while not blatantly obvious in the user agreement, you should not be too promotional with your content. Reddit moderators will swiftly ban users that only submitting their own content or commenting with their own links. Treat it like a forum and build credibility in a specific Subreddit, add to the community, then start marketing.

 

MS: Beyond the key challenge addressed above, what are some of the unique marketing challenges (and potential advantages) faced when marketing on Reddit over other social media platforms and other digital marketing channels such as email and paid search?

BC: I mentioned earlier, how individuals really need to make sure they understand the rules of each Subreddit they are submitting to in order to have any real chance at long-term success.

Another challenge that people might now understand is that Reddit has a lot of anti-spam elements at play on the site. New users to a Subreddit, and in some cases, new domains, can find themselves being auto-filtered or even silent-filtered, where their submissions might show as submitted to them, but are actually hidden from all other users until it becomes approved by a moderator.

Lastly, it is really important to understand Reddit’s voting algorithm, which, to put it simply, values the combination of the first 10 votes the same as the following combination of the next 100 votes, and then 1000 votes, and so on. This means that what happens during the first 10 votes of your submission are super important. Choosing the right Subreddit, knowing what type of content the moderators support, and selecting the best title when submitting are key to making sure your first couple votes are positive.

GF: The biggest challenge is undoubtedly the volatility of the community. There are dozens of unwritten rules that exist and can kill your promotion on arrival if you don’t follow along. If using images, submit with Imgur. Videos? Use YouTube. Follow along with the community, learn the inner workings before giving it a try.

One of the biggest challenges is the sheer competitiveness of Reddit these days. You need quality content, a killer title and a dash of luck to strike it big.

 

MS: What are some actionable tactics or tips for marketers looking to add Reddit to their digital marketing mix?

BC: Start by identifying the Subreddits you really want to participate and submit to, followed by learning what works in the Subreddit, both from the community’s acceptance and support, and from what the moderators are going to approve and support. Make sure to fully understand the rules of the Subreddit prior to submitting any content.

Never submit something that doesn’t fit into a Subreddit. It will almost always get removed, which can result in you having filters applied to your submissions and possible having your account silent banned.

You simply do not win on Reddit with brute force.

Lastly, you have to be a Reddit user first and foremost, to really understand how to be an effective marketer within Reddit.

GF: Far and away, the most valuable tactic is to go niche. Every marketer is looking for the homerun, but you can easily hit .400 while driving the right mix of targeted traffic to your site. Reddit has individual sections called Subreddits that are niche communities around a specific topic. These Subreddits have the most potential as you can get your content in front of a (smaller) group of highly targeted users.

Local business? Look for a local Subreddit near you and scope the scene.

Got a book about parenting? Head to r/parenting.

Manufacture crockpots? Try /r/slowcooking.

There is a Subreddit for everything. Seriously, take a look. Jump into a community that fits your niche and start participating. The numbers won’t be overwhelming, but the quality will.

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