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Digital marketing for B2B

Presentation for MBA students at Southampton University about what is to do Digital Marketing for B2B today...it is mainly lead generation: Connect, Engage, Monitor and Convert

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+
Digital
Marketing
for
B2B
Maria Jose Serres
March 2013
@mjserres
#mktB2B
Connect Engage
Measure Convert
+
Who am I?
 Maria Jose Serres from
Montevideo, Uruguay
 Degrees in Computer Engineering +
Marketing + Digital Marketing.
 First job with Internet in 1995.
 Worked in B2B most of my life from
development to consulting.
 I’m a Demand Generation Manager at
PEER 1 Hosting, Top 5 Hosting
Worldwide
 Involved in the latest trends &
technologies related digital media.
linkedin.com/in/mjserres
@mjserres
+
Why?
+
Online and Mobile are Transforming
B2B Commerce
Research by Forrester Consulting
 Overall, the “Online and Mobile are Transforming B2B
Commerce” research yielded three key findings:
 Selling online and on mobile devices represents a
significant new opportunity for B2B companies.
 B2B companies that wait too long to implement
eCommerce assume a big risk.
 Self-service tools are changing the way in which B2B
customers interact with companies.
Digital marketing for B2B
+
Source: Digital Trends 2014 Adobe + Econsultancy

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Digital marketing for B2B

  • 1. + Digital Marketing for B2B Maria Jose Serres March 2013 @mjserres #mktB2B Connect Engage Measure Convert
  • 2. + Who am I?  Maria Jose Serres from Montevideo, Uruguay  Degrees in Computer Engineering + Marketing + Digital Marketing.  First job with Internet in 1995.  Worked in B2B most of my life from development to consulting.  I’m a Demand Generation Manager at PEER 1 Hosting, Top 5 Hosting Worldwide  Involved in the latest trends & technologies related digital media. linkedin.com/in/mjserres @mjserres
  • 4. + Online and Mobile are Transforming B2B Commerce Research by Forrester Consulting  Overall, the “Online and Mobile are Transforming B2B Commerce” research yielded three key findings:  Selling online and on mobile devices represents a significant new opportunity for B2B companies.  B2B companies that wait too long to implement eCommerce assume a big risk.  Self-service tools are changing the way in which B2B customers interact with companies.
  • 6. + Source: Digital Trends 2014 Adobe + Econsultancy
  • 7. + What is the goal of content?
  • 10. + B2B  Business to Business  Shift in communication but not totally  From building emotional connections  To problem solving  Normally many points are touched before a decision is made
  • 11. + B2B B2C Markets B2B markets are generally small vertical markets, often niche in size, comprised of a few thousand sales prospects to maybe as large as 100,000 prospects. B2C markets that are typically large broad markets of tens to thousands to millions of sales prospects. Sales Process B2B sales require consultative selling (selling based on understanding a client's needs and developing a relationship of trust) sometimes from a two-step level sales organization including the sellers sales force and a distribution sales force. B2C sales are usually direct to the consumer or involve a retailer. The sales approach is a traditional product sell of "convincing the consumer" they need the product or service being sold. Purchase Decision The decision to purchase in B2B sales is generally driven by need and budgets therefore; it tends to be a very rationale decision. B2C purchase decisions tend to be made based on want more than need or a budget and therefore are triggered by more emotional decisions.
  • 12. + But keep in mind… “73% OF PEOPLE WHO READ B2B BLOGS ARE PEOPLE.” Tim Washer Senior Marketing Manager Cisco (Tweet this now, mention @timwasher)
  • 13. + Cisco’s way to engage with people
  • 14. + Definitions Connect Reach our target market, call the attention, be relevant. Engage Allow our target market to act, give them good call to actions. Measure Stats behind everything, show our ROI, assess your activities. Convert Generate leads & sales.
  • 17. + Connect  It’s about being with the right message, at the right time when the target market needs us.  There are many channels to use, identify your target market to see what they use and what is relevant for them.
  • 19. + Be there. Be relevant. Be optimized.
  • 20. + Be there… when they look for you
  • 21. + ..and when they don’t. “80% of the traffic on your web site is not from people who will necessarily buy anything. The challenge is engaging with those visitors who are interested in your product but are still in the evaluation process.” Chris Golec, Founder and CEO of Demandbase
  • 23. + Be relevant with what you show Sony Play Station: Case Study by SalesForce
  • 24. + Be relevant. Talk their language.
  • 26. + Now that we have reached our target market… …what’s next?
  • 27. + “Stop thinking about campaigns and start thinking engagement.” Lori Wizdo, Forrester Research
  • 29. + Engage  Engage is about motivation:  How to motivate people to engage with us?  Why they would like to engage with us?  What do we have to give them in return?  Call to actions:  What are the ways to engage with them?
  • 30. +
  • 31. + Example 100% online, multiple channels
  • 38. + What to measure?  Visits  Clicks  Campaigns  Sources  Conversions  Bounce rate  Time on page  Pages visited  Flow  ROI  Lifecycle Metrics  Lead Generation Metrics Whatever you need for your specific objectives/target market/campaigns
  • 41. + What you’ll see when you measure?
  • 42. + Identify the most visited pages
  • 43. + Identify where your prospects are
  • 45. + Not only with Google Analytics
  • 48. +
  • 49. + Conversion is about …  Generate leads  Generate sales  Doing the connection and engagement well  Continue the engagement (remarketing)
  • 50. + When they Convert?  You define it…and measure it  Downloads  Chats  Calls  Webforms  Purchases  Page Views  Visits  …
  • 53. + Summary Connect Reach our target market, call the attention, be relevant. Engage Allow our target market to act, give them good call to actions. Measure Stats behind everything, show our ROI, assess your activities. Convert Generate leads & sales.
  • 54. + Resources http://b2bdigital.net/ http://b2bmarketing.bizo.com/LP=55 http://blog.eloqua.com/buyer-journey-infographic http://blogs.forrester.com/lori_wizdo/12-10-04-buyer_behavior_helps_b2b_marketers_guide_the_buyers_journey http://mashable.com/2013/04/01/b2b-marketing/ http://socialmediatoday.com/socialbarrel/1650226/second-largest- search-engine-infographic http://success.adobe.com/en/uk/programs/products/digitalmarketing/1401-30364- econsultancy-digital-trends.html http://wptribe.net/top-5-google-analytics-reports/ http://www.adampacitti.com/employadam.html http://www.bizible.com/blog/bid/357476/Introducing-AdWords-ROI- Reporting-for-Salesforce http://www.business2community.com/social-media/social-media-marketing-in-the-b2b-arena- still-needs-improvement-infographic-0468185 http://www.collaborativegrowthnetwork.com/blog/bid/94881/9-More- Reasons-to-Invest-in-Inbound-Marketing http://www.demandgenreport.com/industry-topics/demand-generation- strategies/2484-b2b-marketers-ramp-up-retargeting-strategies.html http://www.executiveboard.com/exbd- resources/content/digital-evolution/pdf/CEB-Mktg-B2B-Digital-Evolution.pdf http://www.iabuk.net/about/press/archive/uk-digital-adspend-up-125-to-almost-55bn http://www.localsearchmasters.com/blog/how-to-perform-a-google-analytics-audit/ http://www.make-it- rain.co.uk/google-analytics-get-dirty-data-useful-dashboards-help-analyse-data-quickly-effectively/ http://www.pardot.com/marketing-metrics/3-insightful-marketing-metrics-you-should-be-tracking/ http://www.pcworld.com/article/2051368/4-simpler-alternatives-to-google-analytics.html http://www.slideshare.net/BabcockJenkins/b2-bvsb2c http://www.thedrum.com/news/2013/01/03/unemployed-graduate- turns-traditional-advertising-hiring-london-billboard-site http://www.thedrum.com/news/2013/11/19/british-airways- unveils-digital-billboards-remind-customers-how-magical-flying-can http://www.theguardian.com/media-network/adobe- partner-zone/digital-trends-marketing-2014 http://www.youtube.com/watch?v=WycoJMKzXZ4 http://www.youtube.com/watch?v=XnHBUuG-o18 http://contentmarketinginstitute.com/2014/02/process-measuring-b2b-content-marketing/ http://www.hybris.com/en/news-events/press-releases/131030-b2b-market

Editor's Notes

  1. And why me being here to talk you about this? Because I’ve been working in this market since 2001, I’ve been seeing the change and I’m part of it.
  2. Why am I here talking about this? Because there is more investment on marketing for B2B, mainly digital and you need to know where to stand when you start looking for a job.
  3. Which one area is the single most exciting opportunity for your organisation in 2014?These are the areas that business are going to invest more this year, how much do you know about them?
  4. The game is changing and the target market shares what they like
  5. www.mymarketingdept.com/comparing-b2b-versus-b2c-marketing/#sthash.vWEz8qbP.dpuf
  6. http://www.slideshare.net/BabcockJenkins/b2-bvsb2c
  7. Businesses are competing on attention to their target markethttp://www.youtube.com/watch?v=S0Or1f_RxKQ
  8. linkedin.comThe survey revealed that the average customer had completed more than one half of the purchase decision-making process prior to engaging a supplier sales representative directly
  9. 90% of business buyers say when they’re ready to buy, they’ll find US.
  10. As businesses need to reach the target market with slight different channels than B2C, each channel should be properly used, have a strategy to anticipate, to be reactive
  11. Show what they need
  12. There are many magazine ads talking about the issues that companies have. And this is a good way to catch the attention: talk about their issues, solve their problems.
  13. Owned Earned and Paid – the key elements of strategy convergenceOwned: Website – Desktop – Mobile – Tablet: SEO - Branded Social - Branded Content – eMailEarned: Word of Mouth – Blogger Outreach - Online video - Social - UGC Social - USG TwitterPaid: Video Ads - Branded Content - Display Banners - Mobile Display – Sponsorship – and social / social mobile has a key role to play
  14. http://www.youtube.com/watch?v=WycoJMKzXZ4