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createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
The Buyer’s
Journey is a Myth
Jonathan Vlock
Vice President, Client Marketing Strategy
createmarketingservices.com
©UBM Tech. All rights reserved.
The Create Organization
 Born from a media company with over 30 years
of technology experience and complex marketing
campaign execution.
 A pioneer in the development of Demand
Generation best practices for BtoB technology
marketing
 A collaborative partner with the resources and
expertise to deliver the complete, scalable
solution that will meet your company’s business
and marketing objectives
Experience
― Developing best-in-class
demand gen strategies and
frameworks
― Developing award winning
global demand gen programs
― Integration with industry-
leading marketing automation
platforms
In 2013 Alone….
― Produced 2,600 programs for
330 clients
― Generated 800,000 leads
― Executed 50 lead nurture
programs
― Created 500 original content
pieces
― Hosted 225 custom events
with 17,700 registrants
createmarketingservices.com
©UBM Tech. All rights reserved.
This Session
 How Customers Actually Purchase
• The Buyer’s Journey vs. Organizational Change
Process
 How to Align Content with That Purchase
Process
• One Dimensional vs. Comprehensive Content
Categorization
 Empower The Champion
 Sales and Marketing Alignment
createmarketingservices.com
©UBM Tech. All rights reserved.
Caution Head Exploding Zone
createmarketingservices.com
©UBM Tech. All rights reserved.
Myth #1
No Silver Bullet
Seeking a proactive approach to marketing
efforts that will maximize the effectiveness of
customer engagements
createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
Real Life Purchasing
createmarketingservices.com
©UBM Tech. All rights reserved.
Myth #2
The Buyer’s Journey
The Buyer’s Journey is the active research
process a potential buyer goes through leading
up to a purchase
createmarketingservices.com
©UBM Tech. All rights reserved.
Enterprise Purchase Decisions Involve
Up To 21+ Influencers
. 7.2
Average number of individuals
involved in the entire decision-making
process
6.7 months
Average time from identifying
business need to purchase decision
57%
Of the buying decision is complete
before that prospect’s first contact
with a supplier
createmarketingservices.com
©UBM Tech. All rights reserved.
Organizational Change Process
The Greatest Opportunity For Influence Is In The Early Stages
Implement
How do we
successfully deploy
and manage the
selected system?
Approve
Does this really help
us solve our
problem? How will
we measure ROI?
Select
Which solution will
we use?
Evaluate &
Recommend
What are the
available solutions,
and which best fit
our requirements?
Define
Requirements
What are the
business, technical
and architecture
considerations?
Determine Need
What is the
business problem
we need to solve?
61% 58% 64%
46%
25%
44%
createmarketingservices.com
©UBM Tech. All rights reserved.
The Change Process Begins When An Organization
Identifies A Need To Change. Be There.
We have to save on energy
costs—and running our
servers is a big part of the bill.
We want to integrate disparate
customer databases across all
of our different business units.
Our supply chain needs to be
more agile and responsive to
changing market conditions.
Business Need:
Financial Need:
Technical Need:
Understand Your Customers’ Pain
Points – And Deliver Solutions
You can better connect with buyers if you
address the issues and pain points faced
by companies in specific vertical
industries, with different organizational
sizes, or with different business models.
createmarketingservices.com
©UBM Tech. All rights reserved.
Organizational Change Process
Multiple Roles, Varying Levels of Involvement
Implement
This process will
ensure the fastest
adoption
Approve
This investment
aligns with our
strategic objectives
Select
Which vendor will
we use?
Evaluate &
Recommend
What are the
available solutions,
and which best fit
our requirements?
Define
Requirements
What are the
business, technical
and architecture
considerations?
Determine Need
We need to solve a
problem or avoid a
future issue
ROLES/INVOLVEMENT
createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
Content Alignment
createmarketingservices.com
©UBM Tech. All rights reserved.
Myth #3
Content Alignment
Content asset
types align to
individual
stages in the
Buyer’s
Journey.
createmarketingservices.com
©UBM Tech. All rights reserved.
Content Alignment
Maximizing Performance Through Content Relevancy and Delivery
Demonstrate Technical
Superiority and ROI
Provide Technical Reasons for
Deficiencies
Highlight Risk of Maintaining
Status Quo
Introduce Optimal Path to
Overcoming Challenge
Messaging Intent
Solution Exploration Stages
Educational Stages
Vendor Selection Stages
Process Stage
createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
Empower the Champion
createmarketingservices.com
©UBM Tech. All rights reserved.
Myth #4
Persona Based Marketing
Persona based marketing requires an
organization to develop individual campaigns
designed to attract, engage and convert each of
the different stakeholder types.
createmarketingservices.com
©UBM Tech. All rights reserved.
Finding & Empowering the Champion
 What is the Champion?
• “A central stakeholder who is very
interested in new or different ways
of doing something, and is
determined to make changes
happen.”
 How to empower the Champion
• Providing that stakeholder with
the information he/she needs to
drive the decision forward.
createmarketingservices.com
©UBM Tech. All rights reserved.
Empowering the Champion
Select
Which vendor will
we use?
Approve
This investment
aligns with our
strategic objectives
Evaluate &
Recommend
What are the
available solutions,
and which best fit
our requirements?
Define
Requirements
What are the
business, technical
and architecture
considerations?
Determine Need
We need to solve a
problem or avoid a
future issue
Executive Stakeholder
Information that
appeals to Champion
and will help make
the case to that
stage's "key”
stakeholder
createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
Sales and Marketing Alignment
createmarketingservices.com
©UBM Tech. All rights reserved.
Myth #5
Marketing involvement ends with the sales
handoff
createmarketingservices.com
©UBM Tech. All rights reserved.
Current Customer Engagement -
Disconnected Communications
LeadGenerationPrograms
Marketing
Engagement Sales Engagement
Enormous gap in customer
communications
Marketing Engagement
ends with sales handoff
createmarketingservices.com
©UBM Tech. All rights reserved.
Future Customer Engagement – Consistent
Communications
LeadGenerationPrograms
Marketing Engagement Sales Engagement
Connecting the engagement between marketing
and sales produces a much more consistent and
effective customer engagement
Marketing Engagement
continues throughout sales
cycle
createmarketingservices.com
©UBM Tech. All rights reserved.
createmarketingservices.com
Thank You!
createmarketingservices.com
©UBM Tech. All rights reserved.
Relevant Content
Focus On The Things That Matter To Tech Pros – Deliver More Value
0% 10% 20% 30% 40% 50% 60% 70% 80%
Does not have 3rd party validation
Too great a focus on product features
Information is too long
Lack of real ROI metrics
Does not connect to business benefits
Lacks info depth
Lack of real world application and examples
Too much marketing "fluff"
16%
16%
19%
20%
34%
36%
44%
77%
Source: UBM Tech Buyers Research, March 2012
Q: What would you say are the biggest mistakes technology vendors make when producing information? (Check your top three.)
createmarketingservices.com
©UBM Tech. All rights reserved.
The Realities of Technology Purchasing
Tech Customers Want Long Term Partners
 It’s A Journey, NOT One Sales Call…80% of customers
begin researching a technology solution at least 6
months before they make a purchase.
 Get On Their Radar Early, To Add Value Via
Content…95% would prefer to engage with tech vendors
when they are defining their technical requirements and
evaluating potential solutions.
 If You Wait, It’s Often Too Late…61% of stakeholders
get involved in the early stages but only 25% get
involved in the selection/ approval process
createmarketingservices.com
©UBM Tech. All rights reserved.
Marketing’s Clear Charter – Drive Revenue
CMO and Their Teams Need to Re-Tool to Deliver
• Marketers primary role today is to drive
revenue by creating brand demand and
accelerating sales pipeline
• CMOs biggest challenge – ROI using
business metrics, not just marketing metrics
• 4 out of 5 CMOs anticipate a high or very
high level of complexity, but only half feel
ready to handle it1
• Technology marketers perform nearly 7
major marketing functions within their
organization2
• CMOs in the most successful enterprises are
focusing on relationships, not just
transactions1
Pg. 26
1

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Buyer Persona Myth Presentation Final

  • 1. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com The Buyer’s Journey is a Myth Jonathan Vlock Vice President, Client Marketing Strategy
  • 2. createmarketingservices.com ©UBM Tech. All rights reserved. The Create Organization  Born from a media company with over 30 years of technology experience and complex marketing campaign execution.  A pioneer in the development of Demand Generation best practices for BtoB technology marketing  A collaborative partner with the resources and expertise to deliver the complete, scalable solution that will meet your company’s business and marketing objectives Experience ― Developing best-in-class demand gen strategies and frameworks ― Developing award winning global demand gen programs ― Integration with industry- leading marketing automation platforms In 2013 Alone…. ― Produced 2,600 programs for 330 clients ― Generated 800,000 leads ― Executed 50 lead nurture programs ― Created 500 original content pieces ― Hosted 225 custom events with 17,700 registrants
  • 3. createmarketingservices.com ©UBM Tech. All rights reserved. This Session  How Customers Actually Purchase • The Buyer’s Journey vs. Organizational Change Process  How to Align Content with That Purchase Process • One Dimensional vs. Comprehensive Content Categorization  Empower The Champion  Sales and Marketing Alignment
  • 4. createmarketingservices.com ©UBM Tech. All rights reserved. Caution Head Exploding Zone
  • 5. createmarketingservices.com ©UBM Tech. All rights reserved. Myth #1 No Silver Bullet Seeking a proactive approach to marketing efforts that will maximize the effectiveness of customer engagements
  • 6. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com Real Life Purchasing
  • 7. createmarketingservices.com ©UBM Tech. All rights reserved. Myth #2 The Buyer’s Journey The Buyer’s Journey is the active research process a potential buyer goes through leading up to a purchase
  • 8. createmarketingservices.com ©UBM Tech. All rights reserved. Enterprise Purchase Decisions Involve Up To 21+ Influencers . 7.2 Average number of individuals involved in the entire decision-making process 6.7 months Average time from identifying business need to purchase decision 57% Of the buying decision is complete before that prospect’s first contact with a supplier
  • 9. createmarketingservices.com ©UBM Tech. All rights reserved. Organizational Change Process The Greatest Opportunity For Influence Is In The Early Stages Implement How do we successfully deploy and manage the selected system? Approve Does this really help us solve our problem? How will we measure ROI? Select Which solution will we use? Evaluate & Recommend What are the available solutions, and which best fit our requirements? Define Requirements What are the business, technical and architecture considerations? Determine Need What is the business problem we need to solve? 61% 58% 64% 46% 25% 44%
  • 10. createmarketingservices.com ©UBM Tech. All rights reserved. The Change Process Begins When An Organization Identifies A Need To Change. Be There. We have to save on energy costs—and running our servers is a big part of the bill. We want to integrate disparate customer databases across all of our different business units. Our supply chain needs to be more agile and responsive to changing market conditions. Business Need: Financial Need: Technical Need: Understand Your Customers’ Pain Points – And Deliver Solutions You can better connect with buyers if you address the issues and pain points faced by companies in specific vertical industries, with different organizational sizes, or with different business models.
  • 11. createmarketingservices.com ©UBM Tech. All rights reserved. Organizational Change Process Multiple Roles, Varying Levels of Involvement Implement This process will ensure the fastest adoption Approve This investment aligns with our strategic objectives Select Which vendor will we use? Evaluate & Recommend What are the available solutions, and which best fit our requirements? Define Requirements What are the business, technical and architecture considerations? Determine Need We need to solve a problem or avoid a future issue ROLES/INVOLVEMENT
  • 12. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com Content Alignment
  • 13. createmarketingservices.com ©UBM Tech. All rights reserved. Myth #3 Content Alignment Content asset types align to individual stages in the Buyer’s Journey.
  • 14. createmarketingservices.com ©UBM Tech. All rights reserved. Content Alignment Maximizing Performance Through Content Relevancy and Delivery Demonstrate Technical Superiority and ROI Provide Technical Reasons for Deficiencies Highlight Risk of Maintaining Status Quo Introduce Optimal Path to Overcoming Challenge Messaging Intent Solution Exploration Stages Educational Stages Vendor Selection Stages Process Stage
  • 15. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com Empower the Champion
  • 16. createmarketingservices.com ©UBM Tech. All rights reserved. Myth #4 Persona Based Marketing Persona based marketing requires an organization to develop individual campaigns designed to attract, engage and convert each of the different stakeholder types.
  • 17. createmarketingservices.com ©UBM Tech. All rights reserved. Finding & Empowering the Champion  What is the Champion? • “A central stakeholder who is very interested in new or different ways of doing something, and is determined to make changes happen.”  How to empower the Champion • Providing that stakeholder with the information he/she needs to drive the decision forward.
  • 18. createmarketingservices.com ©UBM Tech. All rights reserved. Empowering the Champion Select Which vendor will we use? Approve This investment aligns with our strategic objectives Evaluate & Recommend What are the available solutions, and which best fit our requirements? Define Requirements What are the business, technical and architecture considerations? Determine Need We need to solve a problem or avoid a future issue Executive Stakeholder Information that appeals to Champion and will help make the case to that stage's "key” stakeholder
  • 19. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com Sales and Marketing Alignment
  • 20. createmarketingservices.com ©UBM Tech. All rights reserved. Myth #5 Marketing involvement ends with the sales handoff
  • 21. createmarketingservices.com ©UBM Tech. All rights reserved. Current Customer Engagement - Disconnected Communications LeadGenerationPrograms Marketing Engagement Sales Engagement Enormous gap in customer communications Marketing Engagement ends with sales handoff
  • 22. createmarketingservices.com ©UBM Tech. All rights reserved. Future Customer Engagement – Consistent Communications LeadGenerationPrograms Marketing Engagement Sales Engagement Connecting the engagement between marketing and sales produces a much more consistent and effective customer engagement Marketing Engagement continues throughout sales cycle
  • 23. createmarketingservices.com ©UBM Tech. All rights reserved. createmarketingservices.com Thank You!
  • 24. createmarketingservices.com ©UBM Tech. All rights reserved. Relevant Content Focus On The Things That Matter To Tech Pros – Deliver More Value 0% 10% 20% 30% 40% 50% 60% 70% 80% Does not have 3rd party validation Too great a focus on product features Information is too long Lack of real ROI metrics Does not connect to business benefits Lacks info depth Lack of real world application and examples Too much marketing "fluff" 16% 16% 19% 20% 34% 36% 44% 77% Source: UBM Tech Buyers Research, March 2012 Q: What would you say are the biggest mistakes technology vendors make when producing information? (Check your top three.)
  • 25. createmarketingservices.com ©UBM Tech. All rights reserved. The Realities of Technology Purchasing Tech Customers Want Long Term Partners  It’s A Journey, NOT One Sales Call…80% of customers begin researching a technology solution at least 6 months before they make a purchase.  Get On Their Radar Early, To Add Value Via Content…95% would prefer to engage with tech vendors when they are defining their technical requirements and evaluating potential solutions.  If You Wait, It’s Often Too Late…61% of stakeholders get involved in the early stages but only 25% get involved in the selection/ approval process
  • 26. createmarketingservices.com ©UBM Tech. All rights reserved. Marketing’s Clear Charter – Drive Revenue CMO and Their Teams Need to Re-Tool to Deliver • Marketers primary role today is to drive revenue by creating brand demand and accelerating sales pipeline • CMOs biggest challenge – ROI using business metrics, not just marketing metrics • 4 out of 5 CMOs anticipate a high or very high level of complexity, but only half feel ready to handle it1 • Technology marketers perform nearly 7 major marketing functions within their organization2 • CMOs in the most successful enterprises are focusing on relationships, not just transactions1 Pg. 26 1