The Missing Link: Why Your B2B Marketing Tactics Don't Lead to Revenue

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The Missing Link: Why Your B2B Tactics Won’t Lead to Revenue

description

Today's marketer has more options than ever when it comes to tools and tactics. Marketing automation, social media, events, content marketing, demand gen ... the list goes on. The problem is that while all these activities will make you look (and feel) very busy, they often don't move the needle when it comes to conversions and closed deals. Why? Because all the infographics and interactive display ads in the world won't engage your buyers if you don't understand the buying process through their eyes. Without this insight, marketers find themselves with content that they can't leverage, one-off campaigns that don't yield results, and technology solutions that don't deliver. In this SlideShare, learn how improve results and stop wasted effort by focusing your marketing strategy on the buyer's journey.

Transcript of The Missing Link: Why Your B2B Marketing Tactics Don't Lead to Revenue

Page 1: The Missing Link: Why Your B2B Marketing Tactics Don't Lead to Revenue

The Missing Link: Why Your B2B Tactics Won’t Lead to Revenue

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

Sean Carney, Chief Design Officer, Philips

“We’re moving away from the mind-set of trying to figure out what people want to buy and pushing it to them. Now we are looking at real-time engagement opportunities with customers.”

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

Buyer

Art courtesy of David Lewis

Your buyers need more…

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

It’s all about their experience

1% of sellersConsistently met experience expectations

*CEI 2011

86% of buyersAre willing to pay for a better experience

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

But often we don’t deliver the right experience and…

79% of marketing leads never convert into sales. (MarketingSherpa)

68% of companies report struggling with lead generation. (Source: Lattice Engines/CSO Insights)

50% of marketing leads are qualified but not yet ready to buy. (Gleanster Research)

Two-thirds of B2B marketers say their biggest challenge is engaging decision makers. (Forrester)

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

Sales cycles are lengthening…Because when we don’t understand them, our buyers don’t trust us

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And our marketing efforts go to waste

75% of ContentIs not trusted by buyers

36% of marketersFeel they effectively target and reach buyers*Demandgen 2012

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To fix the problem you need to know

your buyer and define a

buyer’s journey

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Discover how your buyers learn about your product

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Targeted Advertising

3rd Party Research Studies

Partner Authored Best Practices

Personalized sites with Webinar & Video

Blogger Infographic of Vendors in Buyers’

industry

Targeted Vendor Comparisons

Peer Customer Videos

Then, create campaigns that map to their experience

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Success Stories

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Confidential | © Demandbase 2014 All rights reserved.Confidential | © Demandbase 2014 All rights reserved.

Lithium Increased Win Rates

Challenge: Lithium was challenged in growing market share fast enough in new markets. The BoD and CEO wanted to know why. The CMO and CRO wanted to know how to improve sales and marketing methods to increase ROI.

Action Taken: Customer Journey Mapping, Content Strategy, Sales Enablement Maps.

ROI: Increase win-rates from aligning integrated campaigns to journeys, new messaging, sales re-organization, and new content plan.

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Docusign generated 22% sales liftCOMPANY-TARGETED ADVERTISING + WEBSITE OPTIMIZATION COMBINE TO MOVE KEY SEGMENTS CLOSER TO BUYING

RESULTS:

22% Boost in Sales pipeline

Increase in page views by target companies

3xLonger than avg. time on site8:00

Higher than benchmark click-through rates3x

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The moral of the story is: when your customers have a meaningful experience, you’re successful

Identity +

Intention +

Interaction =

Revenue