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B2B Marketing Part 4: 50 tips to power up your efforts

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Page 1: B2B Marketing Part 4: 50 tips to power up your efforts
Page 2: B2B Marketing Part 4: 50 tips to power up your efforts

B2B Marketing Part 4: 50 tips to power up your

efforts

Michelle FarabaughExecutive Vice President, CognitiveDATA

Al BessinExecutive Vice President, CognitiveDATA

Carol Worthington-LevyCreative Director, Worthington-Levy Creative

Page 3: B2B Marketing Part 4: 50 tips to power up your efforts

What’s up for this session?

• We’re doing a fast and furious 50 ideas and tips

• Many of these will be something you can immediately implement

Page 4: B2B Marketing Part 4: 50 tips to power up your efforts

Be sure your marketing mix includes both Push and Pull elements

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Catalog

Email

Flyer

Email

SEO SEM

SEO

SEM

Page 5: B2B Marketing Part 4: 50 tips to power up your efforts

Get more mileage out of catalog with wraps– Wrap can make catalog more personal, more promotional, increase its

power in the mailbox. Also get double duty from already-printed book.

Less expensively increase customer contact!

Page 6: B2B Marketing Part 4: 50 tips to power up your efforts

Personalize with names and PURLS

Use name, PURLs and even a QR code to get people into the place on your site

Page 7: B2B Marketing Part 4: 50 tips to power up your efforts

Remember that marketing planning should be iterative

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Constantly challenge the status quo

Page 8: B2B Marketing Part 4: 50 tips to power up your efforts

Think Account-Centric

Organize data so that all channels, campaigns, responses and contacts converge at account level

Page 9: B2B Marketing Part 4: 50 tips to power up your efforts

Don’t send out the same email over and over

Develop two or three different formats to get attention in different ways

Provide more added-value in emails that make them useful

Page 10: B2B Marketing Part 4: 50 tips to power up your efforts

Tell them it’s coming… then tell ‘em it arrived

…by sending emails to customers so they’ll recognize the catalog when it comes in

Make a special offer to just go online now and find what you need instead of even waiting for the catalog

Even if they do order online now, they will still look at the catalog

Page 11: B2B Marketing Part 4: 50 tips to power up your efforts

Tailor marketing techniques to the type of account you target

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Page 12: B2B Marketing Part 4: 50 tips to power up your efforts

If they can’t read it, they can’t respond

Many designers don’t have enough background in what people can read!

Avoid high-chroma type colors like lime green and orange!

Try not to reverse type at all – it reduces comprehension to less than 10% of what they understand when it’s black on white or light backgrounds.

Page 13: B2B Marketing Part 4: 50 tips to power up your efforts

If they can’t read it, they can’t respond

Your logo is the most important thing on your catalog cover

Page 14: B2B Marketing Part 4: 50 tips to power up your efforts

B-to-B direct marketing is primarily a one-to-one relationship

Page 15: B2B Marketing Part 4: 50 tips to power up your efforts

Cu

sto

mer

Val

ue

Average

High

Time

Low

Target Acquire Retain Grow

First Purchase

Up-Sell

Dialogue Optimized

Develop

Understand where the account is in the journey

Page 16: B2B Marketing Part 4: 50 tips to power up your efforts

A QR code is great wherever someone has a Smart Phone!

• Whether it’s on a webinar slide or an ad, it takes up almost no room!

Page 17: B2B Marketing Part 4: 50 tips to power up your efforts

Separate Branded from Competitive terms when evaluating Search results

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“Stroller”

Page 18: B2B Marketing Part 4: 50 tips to power up your efforts

Test

Make testing part of every marketing strategy and plan

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Test A

Test B

Control

Page 19: B2B Marketing Part 4: 50 tips to power up your efforts

Offer test – gifts vs. discounts

• This free personalized post its offer outpulled the discounted offer even though it cost the client less money.

• Paper premiums like this cost less than some other things

• Don’t offer too much or they won’t be loyal

Page 20: B2B Marketing Part 4: 50 tips to power up your efforts

email: subject lines must vary

Page 21: B2B Marketing Part 4: 50 tips to power up your efforts

email: “from” must be meaningful– If I don’t know you, I assume you’re spam– Who the hell is…… –

Missed opportunity! This is from ADOBE!

– Yes, I know this company!

– And they have some cool things for me to see and do!.., leading us to…

Page 22: B2B Marketing Part 4: 50 tips to power up your efforts

email: top inch is critical for readership

• Top inch or so is where many customers ‘screen’ their email. Make it count.

Page 23: B2B Marketing Part 4: 50 tips to power up your efforts

Know who you’re emailing to!

• In this case Dell ‘rented’ my email address from the iGroup Business Email List – who clearly don’t clean their lists before they sell them -- because I only use Mac!

• If you MUST rent, look for affiliate relationships that make sense and use those smartly

Page 24: B2B Marketing Part 4: 50 tips to power up your efforts

Segment and score your customer and prospect files

Core

Near Core

Tertiary

Page 25: B2B Marketing Part 4: 50 tips to power up your efforts

Consider new segmentation variables – there are lots!

Number of employees SIC Annual sales Business credit score or bad debt Change in ownership date New / years in business

Page 26: B2B Marketing Part 4: 50 tips to power up your efforts

Speak directly to your market

• The more general your message, the less likely you will get response

• These two packages were specific to each market – fleet managers for businesses who used trucks

Page 27: B2B Marketing Part 4: 50 tips to power up your efforts

Don’t Hesitate To Ask—Customers Get It!

13 unique and most relevant titles presented

Page 28: B2B Marketing Part 4: 50 tips to power up your efforts

Aggressively seek to tie contacts with accounts in your database

Page 29: B2B Marketing Part 4: 50 tips to power up your efforts

“If you can’t see this email, click here”• Many viewers will have a problem seeing your email if it has images

or the programming isn’t compatible with their system

Page 30: B2B Marketing Part 4: 50 tips to power up your efforts

“The customer or prospect doesn’t give a damn about you, your company or your

product.

“All that matters is ‘What’s in it for me?’”

- Bob Hacker

Page 31: B2B Marketing Part 4: 50 tips to power up your efforts

Type of Account Marketing Program Catalogs x times per year Monthly new product flyers Periodic promotions to incr. AOV Inside sales rep (if potential there) Custom website to simplify ordering

One catalog per year Outside sales rep or specialist

manages account

Have one employee manage bid sites online – add in sales as needed

Flow

Project

Bid Customer

Tailor marketing programs to the type of account

Page 32: B2B Marketing Part 4: 50 tips to power up your efforts

Fastest to react, most confident to act

Lowest advertising costs, highest return on marketing investment

Ability to target the best, limit contact to the least interested

Customer differentiation

Database marketing will get more difficult and sophisticated

The company with the best data and account intelligence will win!

Page 33: B2B Marketing Part 4: 50 tips to power up your efforts

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Unifying your message makes your effort more powerful and effective

• This whole campaign (on the following slides) is integrated — immediately recognizable!

Page 34: B2B Marketing Part 4: 50 tips to power up your efforts

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Unify space advertising and DM …

Space ads use same strong graphics and also same strong copy platform, with words like Alluring and Class Act…

Page 35: B2B Marketing Part 4: 50 tips to power up your efforts

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Unify space advertising, DM and Web/email

Web also uses similar style of art and copy - and shares one of the promotions!

This is true multi-channel campaign

Page 36: B2B Marketing Part 4: 50 tips to power up your efforts

Use appropriate intervals for metrics and reporting

When actionable?

When a trend?

When available?

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Page 37: B2B Marketing Part 4: 50 tips to power up your efforts

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Any response measurement scheme is a model – there is no perfect system

Direction appears long before absolute clarity

Page 38: B2B Marketing Part 4: 50 tips to power up your efforts

B2B offers for lead generation

– White paper Guides and whitepapers allow you to inexpensively tap the knowledge you have already.

You become an authority.

Page 39: B2B Marketing Part 4: 50 tips to power up your efforts

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Include quality value added content on your site or your catalog pages

Helpful tips, authorities sharing experience that will help the business be more successful

Page 40: B2B Marketing Part 4: 50 tips to power up your efforts

Build a contact matrix to maximize ROI

Page 41: B2B Marketing Part 4: 50 tips to power up your efforts

Identify key accounts and manage them actively!

Page 42: B2B Marketing Part 4: 50 tips to power up your efforts

If you’re not using mobile yet, you’re missing out

B2B customers are highly responsive to phone messaging and offers

Use it for ongoing relationships/special offers

Work with an affiliate who has access to your prospects

Page 43: B2B Marketing Part 4: 50 tips to power up your efforts

Develop an app!

B2B customers are time-impoverished and looking for convenience

While it may seem like fun to develop a game app, instead, develop one that saves your customers time and effort

Example: Southwest Airlines Smart Phone App makes checking in a one-hand experience (when you’re driving!)

Page 44: B2B Marketing Part 4: 50 tips to power up your efforts

Time is your enemy……think quick wins as well as big wins!

Use the 80:20 Rule and beware of Opportunity Cost

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Now! Future

Page 45: B2B Marketing Part 4: 50 tips to power up your efforts

When you redo your site, make it an event!

An improved website – needs re-registration – another reason to contact customers

Here’s a teaser email to draw them in

Page 46: B2B Marketing Part 4: 50 tips to power up your efforts

When you redo your site, make it an event!

New landing page/home page that acknowledges the visitor

Page 47: B2B Marketing Part 4: 50 tips to power up your efforts

When you redo your site, make it an event!

Special catalog wrap for those who don’t check their email

Page 48: B2B Marketing Part 4: 50 tips to power up your efforts

Actively manage your affiliate programs!

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Your Account You

Page 49: B2B Marketing Part 4: 50 tips to power up your efforts

Personalization performs better

Variable Digital Printing is a great attention getter

Not too expensive in short run tightly targeted mailings

Page 50: B2B Marketing Part 4: 50 tips to power up your efforts

Use telemarketing as an integral part of your contact strategy

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Page 51: B2B Marketing Part 4: 50 tips to power up your efforts

Targeting a niche market

● Develop value added articles to help customers with their business

Page 52: B2B Marketing Part 4: 50 tips to power up your efforts

What does YOUR market prefer?

Some markets, like attorneys, prefer a printed newsletter to one online. Don’t let it get too long!

Page 53: B2B Marketing Part 4: 50 tips to power up your efforts

Think “minimalist” One Page!

Functional managers own the detail

When developing a marketing dashboard…

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Page 54: B2B Marketing Part 4: 50 tips to power up your efforts

Competitive advantage in the future will live in how effectively an organization can understand, track, engage, measure & influence consumer behavior at the individual, site and corporation level.

Page 55: B2B Marketing Part 4: 50 tips to power up your efforts

Contact Us

Carol Worthington-LevyCreative [email protected]

Al BessinExecutive Vice President, [email protected]

Michelle FarabaughExecutive Vice President, [email protected]