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5 Tips 
for Solving Today’s B2B 
Multichannel Marketing Challenges 
Ruth P. Stevens 
ruth@ruthstevens.com 
@RuthPStevens 
1
© Ruth P. Stevens 2014 
The good news— 
97% of B2B 
marketers plan 
to grow or hold 
budgets in 2014. 
2
Investment 
increases are 
heavily in 
digital. 
© Ruth P. Stevens 2014
But we also have big problems 
On the customer side 
• Ever-lengthening sales cycles. 
• More individuals to be 
influenced. 
• Customers don’t want to see a 
sales person until the last 
minute. 
© Ruth P. Stevens 2014 
On the marketer side 
• Silos. 
• Confusion about campaign 
tactics. 
• Expectations around marketing 
automation. 
• Data availability and accuracy. 
• Measurement problems. 
4
Tip 1: Map the buying process 
• How does your market buy? 
• Break down the process into steps. 
• Analyze the elements by 
AKA the buyer “journey” 
– The “who,” and what they care about. 
– The “when.” 
– The “where.” 
• Your optimal contact strategy will 
emerge from this analysis. 
© Ruth P. Stevens 2014 
5
Typical B2B buying process 
© Ruth P. Stevens 2014 
Buying process stages 
Identify need 
Research solutions 
Develop short list 
Request proposals/quotes 
Review proposals/quotes 
Negotiate 
Select vendor 
Install and use 
Upgrade
© Ruth P. Stevens 2014 
7 
Sales objectives at each stage 
of the customer’s buying process 
Buying process Seller’s objective 
Identify need Arouse interest 
Research solutions Be known to the research team 
Develop short list Be selected for short list 
Request proposals/quotes Submit winning proposal 
Review proposals/quotes Create preference 
Negotiate Preserve margins 
Select vendor Win! 
Install and use Satisfaction and usage 
Upgrade Up-sell, cross sell
© Ruth P. Stevens 2014 
8 
Marketer’s optimal tools at each stage 
Seller’s objective Marketer’s tools 
Arouse interest Advertising, PR, content syndication 
Be known to the research team Advertising, PR, search engine, trade show, retargeting 
Be selected for short list Direct mail, email, telephone, website, trade show, social 
media, IP address identification 
Submit winning proposal Face-to-face sales, inside sales 
Create preference Face-to-face sales, inside sales, direct mail, webinar, road 
show, RSS 
Preserve margins Face-to-face sales, telesales 
Win! Face-to-face sales 
Satisfaction and usage Support, website, e-newsletter, user group, client 
conference, social media 
Up-sell, cross sell Telesales, direct mail, trade show, webinar, social media
Tip 2: Use proven campaign media 
Top B2B media for inquiry generation. 
1. Your website (registrations; IP address ID). 
2. SEM and SEO. 
3. Telephone. 
4. Direct mail. 
Top B2B media for current customer marketing. 
1. Email. 
2. Telephone. 
3. Social media. 
© Ruth P. Stevens 2014 
IP address ID 
providers 
VisitorTrack 
VisualVisitor 
Demandbase 
Visistat
Tip 3: Understand your target by buying role 
Specifiers How is this thing better than the 
© Ruth P. Stevens 2014 
competition? 
Influencers Make my job easier. 
Users Easy to install and use. 
Decision makers Bottom line results. 
Gatekeepers Protect the executive from sales 
people. 
Purchasing agents Save money. 
Buying groups 
average 21 people, 
in large enterprise.
Message segmentation by buyer type 
Technical buyer 
© Ruth P. Stevens 2014 
Line of business buyer
Lay out a contact strategy by buyer type 
© Ruth P. Stevens 2014 
12 
Day from 
inquiry 
Message Medium 
1 Thank you for your inquiry Phone 
7 Research report relevant to request 
at inquiry 
Email 
30 Case study of success from company 
in inquirer’s industry 
Email 
45 Seminar invitation Phone 
60 Customer testimonial and 
personalized letter 
Mail 
75 Link to article from trade journal Email 
90 Personal note from sales engineer to 
schedule online demo 
Email 
105 White paper and personal cover letter Mail 
125 Invitation to breakfast seminar at 
trade show 
Email
Tip 4: Keep your customer data clean 
# Employees 
Sales Volume 
Add'l Exec 
CEO Name 
Physical 
Address 
Phone Number 
SIC 
Business Name 
Mail Address 
© Ruth P. Stevens 2014 
36.3% 
23.9% 
21.5% 
21.2% 
20.7% 
18.0% 
16.0% 
17.4% 
15.8% 
Decay rates of key 
business data 
elements over a 
one year period 
(US data). 
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 
--From an internal study 
conducted by D&B.
5 steps to B2B data hygiene 
1. Standardize data and train key-entry 
personnel. 
2. Train and motivate customer-facing 
personnel to update the data. 
3. Use data-cleansing software, internally or 
externally. 
4. Allow customers access to their record on 
your web site, so they can make changes. 
5. Outbound phone or email to verify, 
especially to top customers. 
© Ruth P. Stevens 2014
Tip 5: Use creative ways to measure 
multi-channel, multi-touch campaigns 
• Data matchback. 
• Did You Buy study. 
• Exclusive offer. 
• Pre/post survey. 
• Market mix modeling. 
© Ruth P. Stevens 2014
Data matchback: Cheap and easy 
Method 
• Select accounts promoted or 
accounts responding to the 
campaign (preferable). 
• After a period akin to typical 
sales cycle, compare sales (of 
product promoted) in those 
accounts. 
© Ruth P. Stevens 2014 
Caveats 
• Not suitable to situations where 
a channel partner owns the 
relationship. 
• Matchback captures all sales; 
therefore it overstates 
marketing’s impact.
End-user sampling: “Did You Buy?” 
…perfect for channel marketers 
• Conduct survey after a period the length of a typical 
sales cycle. 
• Questions to ask: 
– Did you buy? 
– Who did you buy from? 
– How much did you pay? 
– Were any marketing tactics influential? 
• Caveats: 
– Do not ask if they received the campaign message. 
– Do not over-survey any group of customers. 
© Ruth P. Stevens 2014
Alternative: Focus on activities 
controlled by marketing 
Activity-based metrics 
 Cost per thousand 
 Response rate 
 Cost per inquiry 
 Campaign turn-around 
time 
 Qualification rate 
 Cost per qualified lead 
© Ruth P. Stevens 2014 
Results-based metrics 
 Conversion-to-sales rate 
 Sales revenue per lead 
 Campaign ROI 
 Campaign expense-to-revenue 
ratio
Bonus tip: Don’t think you can go entirely digital 
© Ruth P. Stevens 2014 
Both online and 
offline sources 
are important to 
buyers. 
19 
Source: “Maximizing Your Touchpoints”: Enquiro.com/b2bResearch
© Ruth P. Stevens 2014 
Thank You 
ruth@ruthstevens.com 
@RuthPStevens 
Visit 
MaximizingLeadGeneration.com 
for a free sample chapter.
© Ruth P. Stevens 2014 
Issue 1: Complexity 
• Only 7% of purchases are made by one person alone. 
• Buying groups average 21 people, in large enterprise. 
21

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Solving Today's B2B Multi-channel Marketing Challenges

  • 1. 5 Tips for Solving Today’s B2B Multichannel Marketing Challenges Ruth P. Stevens ruth@ruthstevens.com @RuthPStevens 1
  • 2. © Ruth P. Stevens 2014 The good news— 97% of B2B marketers plan to grow or hold budgets in 2014. 2
  • 3. Investment increases are heavily in digital. © Ruth P. Stevens 2014
  • 4. But we also have big problems On the customer side • Ever-lengthening sales cycles. • More individuals to be influenced. • Customers don’t want to see a sales person until the last minute. © Ruth P. Stevens 2014 On the marketer side • Silos. • Confusion about campaign tactics. • Expectations around marketing automation. • Data availability and accuracy. • Measurement problems. 4
  • 5. Tip 1: Map the buying process • How does your market buy? • Break down the process into steps. • Analyze the elements by AKA the buyer “journey” – The “who,” and what they care about. – The “when.” – The “where.” • Your optimal contact strategy will emerge from this analysis. © Ruth P. Stevens 2014 5
  • 6. Typical B2B buying process © Ruth P. Stevens 2014 Buying process stages Identify need Research solutions Develop short list Request proposals/quotes Review proposals/quotes Negotiate Select vendor Install and use Upgrade
  • 7. © Ruth P. Stevens 2014 7 Sales objectives at each stage of the customer’s buying process Buying process Seller’s objective Identify need Arouse interest Research solutions Be known to the research team Develop short list Be selected for short list Request proposals/quotes Submit winning proposal Review proposals/quotes Create preference Negotiate Preserve margins Select vendor Win! Install and use Satisfaction and usage Upgrade Up-sell, cross sell
  • 8. © Ruth P. Stevens 2014 8 Marketer’s optimal tools at each stage Seller’s objective Marketer’s tools Arouse interest Advertising, PR, content syndication Be known to the research team Advertising, PR, search engine, trade show, retargeting Be selected for short list Direct mail, email, telephone, website, trade show, social media, IP address identification Submit winning proposal Face-to-face sales, inside sales Create preference Face-to-face sales, inside sales, direct mail, webinar, road show, RSS Preserve margins Face-to-face sales, telesales Win! Face-to-face sales Satisfaction and usage Support, website, e-newsletter, user group, client conference, social media Up-sell, cross sell Telesales, direct mail, trade show, webinar, social media
  • 9. Tip 2: Use proven campaign media Top B2B media for inquiry generation. 1. Your website (registrations; IP address ID). 2. SEM and SEO. 3. Telephone. 4. Direct mail. Top B2B media for current customer marketing. 1. Email. 2. Telephone. 3. Social media. © Ruth P. Stevens 2014 IP address ID providers VisitorTrack VisualVisitor Demandbase Visistat
  • 10. Tip 3: Understand your target by buying role Specifiers How is this thing better than the © Ruth P. Stevens 2014 competition? Influencers Make my job easier. Users Easy to install and use. Decision makers Bottom line results. Gatekeepers Protect the executive from sales people. Purchasing agents Save money. Buying groups average 21 people, in large enterprise.
  • 11. Message segmentation by buyer type Technical buyer © Ruth P. Stevens 2014 Line of business buyer
  • 12. Lay out a contact strategy by buyer type © Ruth P. Stevens 2014 12 Day from inquiry Message Medium 1 Thank you for your inquiry Phone 7 Research report relevant to request at inquiry Email 30 Case study of success from company in inquirer’s industry Email 45 Seminar invitation Phone 60 Customer testimonial and personalized letter Mail 75 Link to article from trade journal Email 90 Personal note from sales engineer to schedule online demo Email 105 White paper and personal cover letter Mail 125 Invitation to breakfast seminar at trade show Email
  • 13. Tip 4: Keep your customer data clean # Employees Sales Volume Add'l Exec CEO Name Physical Address Phone Number SIC Business Name Mail Address © Ruth P. Stevens 2014 36.3% 23.9% 21.5% 21.2% 20.7% 18.0% 16.0% 17.4% 15.8% Decay rates of key business data elements over a one year period (US data). 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% --From an internal study conducted by D&B.
  • 14. 5 steps to B2B data hygiene 1. Standardize data and train key-entry personnel. 2. Train and motivate customer-facing personnel to update the data. 3. Use data-cleansing software, internally or externally. 4. Allow customers access to their record on your web site, so they can make changes. 5. Outbound phone or email to verify, especially to top customers. © Ruth P. Stevens 2014
  • 15. Tip 5: Use creative ways to measure multi-channel, multi-touch campaigns • Data matchback. • Did You Buy study. • Exclusive offer. • Pre/post survey. • Market mix modeling. © Ruth P. Stevens 2014
  • 16. Data matchback: Cheap and easy Method • Select accounts promoted or accounts responding to the campaign (preferable). • After a period akin to typical sales cycle, compare sales (of product promoted) in those accounts. © Ruth P. Stevens 2014 Caveats • Not suitable to situations where a channel partner owns the relationship. • Matchback captures all sales; therefore it overstates marketing’s impact.
  • 17. End-user sampling: “Did You Buy?” …perfect for channel marketers • Conduct survey after a period the length of a typical sales cycle. • Questions to ask: – Did you buy? – Who did you buy from? – How much did you pay? – Were any marketing tactics influential? • Caveats: – Do not ask if they received the campaign message. – Do not over-survey any group of customers. © Ruth P. Stevens 2014
  • 18. Alternative: Focus on activities controlled by marketing Activity-based metrics  Cost per thousand  Response rate  Cost per inquiry  Campaign turn-around time  Qualification rate  Cost per qualified lead © Ruth P. Stevens 2014 Results-based metrics  Conversion-to-sales rate  Sales revenue per lead  Campaign ROI  Campaign expense-to-revenue ratio
  • 19. Bonus tip: Don’t think you can go entirely digital © Ruth P. Stevens 2014 Both online and offline sources are important to buyers. 19 Source: “Maximizing Your Touchpoints”: Enquiro.com/b2bResearch
  • 20. © Ruth P. Stevens 2014 Thank You ruth@ruthstevens.com @RuthPStevens Visit MaximizingLeadGeneration.com for a free sample chapter.
  • 21. © Ruth P. Stevens 2014 Issue 1: Complexity • Only 7% of purchases are made by one person alone. • Buying groups average 21 people, in large enterprise. 21