2014 Social Media Content Marketing Industry Report - B2B Software Companies

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    2014 Social Media Content MarketingIndustry Report - B2B Software Companies

    Copyright 2014 Blurbi. All rights reserved. blurbi.ca

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    People want to do business with youbecause you help them get what they

    want. They dont do business with youto help you get what you want.- Dan Crowther

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    Editors NoteInterest in Content marketing continues to rise. Just search Content

    marketing Google trends and youll have a good idea of its popularity.

    A 2014 study from the Content Marketing Institute found that 86% ofB2B businesses use at least one form of content marketing, with socialmedia being the most used method. This study was conducted via aquestionnaire sent out to quali ed marketers. But what about all of theB2B companies who werent invited to participate? We thought wedget a much more accurate look at how B2B companies publish socialmedia content if we took the time to analyze their usage publically,using tools like Ri e, SocialBakers, and our own eyes.

    So we pulled up our boots to conduct a study of 400 vertical marketsoftware B2B SMBs across 5 countries and 50 industries. We foundsome interesting insights into how they post content to social media.

    If youre an SMB in the B2B software space and youre curious as tohow others in your space use social media, this whitepaper is for you.We hope the competitor insights and key takeaways of this whitepaperwill help you drive pro table consumer actions with your social media.

    - Tyler Handley Blurbis Chief Engagement O cer

    How B2B Companies are Using Social Media in 2014

    An SMB in this study isde ned as a businessthat does at least$2 Million in annualrecurring revenue

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    Table of Contents

    I. Key Insights

    II. Content Sharing Rate

    III. Sources of Content Shared

    IV. Platforms used to Post to Twitter

    V. Takeaways

    VI. Methodologies

    How B2B Companies are Using Social Media in 2014

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    How B2B Companies are Using Social Media in 2014

    Key Insights

    SMB B2B software companies post to Twitter the most often. Postingto Facebook & LinkedIn is nearly equal. Posting to Google+ isstaggeringly low.

    On average B2B software companies Tweet 2.29 times per day.

    51% of the content posted to Facebook by B2B software companiesis primarily content that the company itself owns (images, blog posts,case studies, white papers, etc.), followed by 33% of content thats amix of owned and 3rd party.

    48% of B2B software companies Tweet at-least twice a week, whileonly 25% post to Facebook and 18% to LinkedIn at the same rate.

    Hootsuite is the most common way of posting to Twitter, followed by

    Twitters own web client, then Hubspot, and Tweetdeck.

    75.6% of B2B software companies primarily share a mix of ownedand 3rd party content to Twitter.

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    How B2B Companies are Using Social Media in 2014

    Content Sharing Rate

    Observations: The bulge in the middle of this chart indicates thatacross all three social networks B2B SMBs are prone to posting contentonly sometimes to their social pro les. LinkedIn is used least acrossthe board, while Twitter is used the most.

    How Often B2B Software SMBs Post Content to DifferentSocial Networks

    3%

    48%

    9%

    38%

    37%

    %

    37%

    4 %

    18%

    Never

    Some2mes

    O5en

    LinkedIn

    Facebook

    TwiBer

    See section onMethodologies for infoon how we de nedsometimes, often, andnever

    2014 Social Media Content Marketing Industry Report - B2B Software Companies - blurbi.ca

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    15%

    22%

    29%

    29%

    38%

    40%

    46%

    45%

    4 %

    34%

    25%

    26%

    $2-5

    $5-10

    $10-25

    $>25

    How Often B2B Software SMBs Post Content to SocialNetworks

    R e v e n u e i n M i l l i o n s ( U S D )

    Observations: As B2B SMBs grow in revenue they post more contentto social networks. Once they hit ~$10million their posting rate evensout.

    How B2B Companies are Using Social Media in 2014

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    company culturerelated content

    owned content

    3rd party content

    mix of owned and3rd party content

    Types of Content B2B SMBs Share on Facebook

    51%

    11%

    33%

    5%

    Observations: B2B SMBs share plenty of their own content on Facebook(blog posts, whitepapers, case-studies) but still mix in a good amountof industry related 3rd party content. Rarely do they only post 3rdparty content. Some companies choose to use Facebook as a channelto internally promote their company culture, which you can see as the11%.

    Sources of Content Shared

    How B2B Companies are Using Social Media in 2014

    See section on

    Methodologies for infoon how we de nedcompany culturerelated content, ownedcontent, 3rd partycontent, and mix ofowned and 3rd partycontent

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    Types of Content B2B SMBs Share on Twitter

    51%

    11%

    33%

    5%

    Observations: Because the average posting rate on Twitter is muchhigher than other social networks, SMBs clearly need more contentthan they own. Still very few post only 3rd party content, choosing topepper their own content with bits of 3rd party posts.

    Company Culturerelated content

    Owned content

    3rd party content

    Mix of owned and3rd party content

    76%

    7%

    13%

    How B2B Companies are Using Social Media in 2014

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    Types of Content B2B SMBs Share on LinkedIn

    51%

    11%

    33%

    5%

    Observations: B2B SMBs treat LinkedIn nearly the same as they treatFacebook. We thought we would nd much more companies onlyposting owned content. Why? Some of our other insights revealed thatSMBs post to LinkedIn the least, so we assumed that they wouldntneed as much 3rd party content to make up for a lack of ownedcontent.

    76%

    7%

    13%Company Culturerelated content

    Owned content

    3rd party content

    Mix of owned and3rd party content

    52%

    39%

    4%

    5%

    How B2B Companies are Using Social Media in 2014

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    How B2B Companies are Using Social Media in 2014

    Hootsuite

    Twi+er Itself

    Hubspot

    Facebook

    Sprout SocialTweetdeck

    13 Others

    34%

    30%6%

    6%

    6%

    5%13%

    Observations: Hootsuite is the standout winner when it comes towhat tools SMBs use to post to Twitter, while many others choose topost directly through Twitter.com. This is likely due to the fact thatHootsuite is free if youre only managing a few social accounts. SproutSocial is only $59/month so its surprising to see it tied with Hubspot,which costs $200/month. Its likely that some SMBs utilize Hubspotas a more comprehensive marketing solution (it does more than just

    social media).

    Platforms used to Post to Twitter

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    Takeaways

    If youre a smaller SMB you can look like a much larger business by

    posting more often across all social networks.

    To make it easier on yourself, use Hootsuite to post to all three socialnetworks at once.

    To have enough content to post make sure youre curating industryrelevant 3rd party content that your followers will nd interesting.But be wary of posting too much to Facebook, as Facebook punishespages that post content too often without consistent engagements(likes, shares, comments).

    Our study showed that B2B SMBs were least active on LinkedIn,which is surprising considering that a recent study found that 40%of B2B buyers say that LinkedIn is most important when researchingtechnologies and services to purchase - only 19% said the same for

    Twitter (Social Media Today). Your potential customers are vettingyour product/service on LinkedIn. Not only is it important to have anactive presence so you look like a legitimate thought leader, but itsalso important because so few of your competitors are likely activeon LinkedIn. As a result of your activity, youll immediately have aleg up on the competition.

    How B2B Companies are Using Social Media in 2014

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    On this same note, no more than 29% of B2B SMBs post contentoften to social media. If you put resources into posting content oftenyoull be one of the few, leading to more exposure. Youll always betop-of-mind to your customers.

    You should be posting more than twice a day to Twitter. If yourestruggling with posting enough, just re-tweet and share content fromin uencers in your industry. Most companies already rely upon 3rdparty content for Twitter.

    How B2B Companies are Using Social Media in 2014

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    Content Sharing RateHow we defined sharing rates of Often, Sometimes, andNever

    We measured them in accordance with optimal posting ratesfor each social network. The thresholds for Twitter were thus

    stricter than Facebook and LinkedIn.

    Often Sometimes NeverTwitter

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    Sources of Content Shared

    De nitions of types of content shared:

    Owned content: Pieces of content that the company at handowns. Most common Owned Content consists of blog posts,company pictures, whitepapers, case studies, product/servicenews, company news.

    Company culture related content: Pieces of content thatpromote the culture of the workplace, either to current

    employees or clients and future employees. These mostlyconsist of o ce pictures, staff party pictures, conferencepictures.

    3rd party content: Content like blog posts, whitepapers, casestudies, and industry news that isnt owned by the company athand.

    How we determined the types of content:

    We looked at each of 100 companies last 30 posts. The Mixof Owned and 3rd party was chosen if they posted at least 5of either over their last 30 posts. Some companies had 1 or2 external pieces mixed in with their owned content. We didnot count those. The same goes for Company Culture relatedcontent. Its best to look at these charts thinking that this was

    the kind of content they primarily post.

    How B2B Companies are Using Social Media in 2014

    Back to Sources of

    Content Shared

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    Platforms used to Post to Twitter

    We used Ri e to look at this.

    The remaining 13% of platforms are: Viral Heat, OracleEngage, Scoop.it, Meltwater Buzz, Oktopost, Spredfast, Paper.li, Wordpress, Thrivehive, Buffer, SocialOomph, Typepad, andEchofon.

    Other

    Industries Studied:

    Agrifood, Apparel Management, Automotive, Aviation, Billing, BIM, BusinessIntelligence, CAD, Call Centres, Cargo, Communications, Construction, CRM,Dealerships (Car), Distribution, Document Management, Driver Monitoring,Education, ERP, Event Management, Fare Collection, Financial, Fleet Management,Freight, Health & Safety, Healthcare, Homeless Care, Hospitality, Human ResourceManagement, Industrial Automation, Insurance, Justice, Local Government,Logistics, Manufacturing, Oil & Gas, Pharmaceutical, Public Sector, Public Transit,Publishing, Real Estate, Retail, Sales & CRM, Supply Chain, Tra c Management,Transportation, Travel Agencts, Utilities, Warehouse Management, WorkforceManagement

    Countries Studied: United States, Canada, United Kingdom, Australia, Ireland

    How B2B Companies are Using Social Media in 2014

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    Want more insights into Social MediaContent?

    Be sure to check us out on Twitter

    And if youd like to talk to someone about

    Blurbis services, please reach out to us [email protected]

    or visit blurbi.ca

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