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B2B Marketing
in the Digital Age
           Dr. Augustine Fou
           http://linkedin.com/in/augustinefou
           Marketing Science Consulting Group, Inc.
Introduction
                 The B2B Digital Dilemma
                               “Facebook and
        Digital is             Twitter are for
        Happening…             teenagers and B2C...”
                         ?!
        ….I must do            “…I just don’t see
                               how this applies to
        SOMETHING!             our business!”

April 12, 2012                                         2
Why should we care?
          • Achieve greater ROI across all
            marketing and advertising

          • Increase customer loyalty and
            advocacy

          • Improve profitability and drive
            shareholder value
April 12, 2012                                3
Does Digital Apply to B2B?
          B2B / B2B2C

          Long Sales Cycles

          Large Dollar Purchases

          Service Marketing

          Greater Research

April 12, 2012                     4
New Game, New Rules
       Big Oil Co.             Med Device Co.
       •     Facebook page     •   No Facebook page
       •     Twitter page      •   No Twitter page
       •     YouTube channel   •   Content-rich website
       •     Banner ads        •   Search Engine
       •     Flash website         Optimization

Which is using “digital” more effectively to drive business?

April 12, 2012                                                 5
Empowered customers…
          • Research products online

          • Find information via search

          • Trust peers most

                          Source: Forrester Research Q3 2010
April 12, 2012                                                 6
So what?
  Leveraging digital channels and tactics for b2b marketing

    “It is more critical than ever for b2b
    companies to leverage digital channels and
    tactics to reach customers and let the right
    customers reach them in very long-lead-time
    sales cycles and big ticket purchases.”
                               - Dr. Augustine Fou

April 12, 2012                                                7
Dr. Augustine Fou – Chief Digital Strategist
   Dr. Augustine Fou is an industry-recognized thought leader in
   digital strategy, search and social media marketing and former
   Group Chief Digital Officer of Omnicom's Healthcare
   Consultancy Group. Dr. Fou has over 16 years of management
   consulting and digital strategy consulting experience, advising
   CMOs, marketing executives, and global brands. He pioneered
   the application of the Unified Marketing™ framework to
   optimize marketing across both traditional and digital
   channels and tactics.

   FORMER CHIEF DIGITAL OFFICER, HCG (OMNICOM)
   MCKINSEY CONSULTANT
   CLIENT SIDE / AGENCY SIDE EXPERIENCE
   PROFESSOR AND COLUMNIST
   ENTREPRENEUR / SMALL BUSINESS OWNER
   PHD MATERIALS SCIENCE (MIT '95) AT AGE 23


     ClickZ Articles: http://www.slideshare.net/augustinefou
     LinkedIn: http://www.linkedin.com/in/augustinefou


April 12, 2012                                                       acfou@mktsci.com   8
APPENDIX

April 12, 2012   9
Top Marketing Challenges
in B2B




April 12, 2012             10
Perceived Effectiveness of
Tactics




April 12, 2012               11

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Digital Strategy for b2b by Augustine Fou

  • 1. B2B Marketing in the Digital Age Dr. Augustine Fou http://linkedin.com/in/augustinefou Marketing Science Consulting Group, Inc.
  • 2. Introduction The B2B Digital Dilemma “Facebook and Digital is Twitter are for Happening… teenagers and B2C...” ?! ….I must do “…I just don’t see how this applies to SOMETHING! our business!” April 12, 2012 2
  • 3. Why should we care? • Achieve greater ROI across all marketing and advertising • Increase customer loyalty and advocacy • Improve profitability and drive shareholder value April 12, 2012 3
  • 4. Does Digital Apply to B2B? B2B / B2B2C Long Sales Cycles Large Dollar Purchases Service Marketing Greater Research April 12, 2012 4
  • 5. New Game, New Rules Big Oil Co. Med Device Co. • Facebook page • No Facebook page • Twitter page • No Twitter page • YouTube channel • Content-rich website • Banner ads • Search Engine • Flash website Optimization Which is using “digital” more effectively to drive business? April 12, 2012 5
  • 6. Empowered customers… • Research products online • Find information via search • Trust peers most Source: Forrester Research Q3 2010 April 12, 2012 6
  • 7. So what? Leveraging digital channels and tactics for b2b marketing “It is more critical than ever for b2b companies to leverage digital channels and tactics to reach customers and let the right customers reach them in very long-lead-time sales cycles and big ticket purchases.” - Dr. Augustine Fou April 12, 2012 7
  • 8. Dr. Augustine Fou – Chief Digital Strategist Dr. Augustine Fou is an industry-recognized thought leader in digital strategy, search and social media marketing and former Group Chief Digital Officer of Omnicom's Healthcare Consultancy Group. Dr. Fou has over 16 years of management consulting and digital strategy consulting experience, advising CMOs, marketing executives, and global brands. He pioneered the application of the Unified Marketing™ framework to optimize marketing across both traditional and digital channels and tactics. FORMER CHIEF DIGITAL OFFICER, HCG (OMNICOM) MCKINSEY CONSULTANT CLIENT SIDE / AGENCY SIDE EXPERIENCE PROFESSOR AND COLUMNIST ENTREPRENEUR / SMALL BUSINESS OWNER PHD MATERIALS SCIENCE (MIT '95) AT AGE 23 ClickZ Articles: http://www.slideshare.net/augustinefou LinkedIn: http://www.linkedin.com/in/augustinefou April 12, 2012 acfou@mktsci.com 8
  • 10. Top Marketing Challenges in B2B April 12, 2012 10