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The Age of Data-Driven Marketing
by B2B Demand GenerationB2B Demand Generation

The Age of Data-Driven Marketing

Here at Demand Gen, we have been working with various technology companies – both big and small – over the years to successfully market their products and services.

Given that most of these companies were selling software of some form, you would expect they would be tracking their customer experience, collecting data points and redefining their marketing strategies based on plentiful data. However, and rather surprisingly, on many occasions we have seen quite the opposite.

Why is this? Here are some of the common apprehensions we hear about marketing from technology companies:

“Our solutions are too complex and too expensive to be sold online”

“Our customers don’t look for us online”

“Data -driven marketing is for e-commerce clients”

However, we have found some statistics to contradict these comments:  

  • 80% of the B2B buyers have a made a decision through online research before they decide to contact a sales person
  • 50% of B2B sales start with a Google search
  • More than 50% of the B2B research about suppliers happens on mobile phones

Are you convinced about rethinking your marketing strategy for 2023?  We would encourage you to put aside some of your 2023 marketing budget to understand how your customers behave online and create a market strategy to complement their buying behaviour. 

If you don’t where to begin with building data-driven strategy, here are some tools that could help.

  1. Google Analytics

Google Analytics is by far the most common tool used to analyse website data, taking the market share (31.55% in 2021) when it comes to web analytics.

Using Google Analytics you can see how many visitors you get on your website, where this traffic coming from, the age range and other demographics of your website visitors, how much time are they spending on your website and which pages on the website are most visited on the website.

These basic data points will help you understand your customers better and help you draw insights on which content is popular and what is the high-level profile of your customers. For example, if your website is being read by males between 40-55 based in the UK between 2-5pm, you might want to write your next blog keeping that persona in mind.  

Google Analytics now provides limited search term data but search terms data is very useful to identify the relevance of the content on your website.

  • Hot Jar

Hot Jar is a very useful tool that provides visual data and heat maps of how people navigate your website.

You can survey your existing users on their experience of the website and hence make changes to the webpage layout or content based on the feedback received from the users. For example, one of our customers was seeing zero conversions on their “book a demo” page. It was their main call to action on the website. After a Hot Jar analysis we noticed that 99% of the visitors to the demo booking page were leaving the page to check the pricing.

Based on the behaviour we added the pricing on the demo booking page and saw a significant increase in the time spent on the page and the requests for demos started to trickle through. Optimisations to content and UX based on data collected from Hotjar can often be a game changer

.

  • Social Media Analytics

B2B business mostly use LinkedIn and Twitter as their main social platforms although that might be changing soon with more and more creative content available on TikTok.

TikTok is proving to be hit with businesses as a marketing channel, and according to a recent Capterra TikTok marketing survey “well over half of small retailers and restaurants that market themselves on TikTok say their organic and advertising content on TikTok is extremely valuable to their overall marketing performance, and 78% say they’ve realized a positive ROI with TikTok ads.”

Social media behavioural data can provide great insights into people’s behaviour. It’s difficult to integrate all social media platform data into one report that provides a 360 degree view of customer behaviour.

Yes, we are now talking about multi-channel tracking to be able to track exactly how customers interact with your brand across various platforms – social, website, physical paper-based marketing, affiliate marketing, webinars, events and mobile phones. Gathering all data into one reporting and drawing insights is a huge challenge for businesses and often a grey area. We have worked on various projects helping clients reconcile data from various sources and provide a true picture of what’s happening with online presence and overall marketing.

We would love to hear from you if this is something you are struggling with –  not because we want to sell you a solution for it –  but we are keen to understand how big this issue of data gaps is and even with the availability of so many reporting tools, there is a gap in the market to enable accurate data driven marketing.

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Three effective ways of passing leads to sales
by B2B Demand GenerationUncategorized

Three effective ways of passing leads to sales

For many businesses, the common goal is to achieve sales, but there’s also an age-old issue of just how those leads reach the sales team.

For example, B2B marketing teams will run campaigns to support the sales pipeline and as such, feed more leads into their pipeline. However, it’s very common that the marketing and sales teams will operate in silos and their objectives are not aligned.

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by B2B Demand GenerationUncategorized

The Changing Face of Buying Behaviours and B2B Marketing Strategies in 2022

From sustainability to voice search – changing buying behaviours that will evolve our B2B marketing strategies for good…

B2B marketing has undergone a significant shift change over the last couple of years, partially because of the pressures of the global Covid lockdown and buyer behaviours changing thereof.

Reliance on the traditional telemarketing agencies and sales networking at events and exhibitions have naturally decreased, with more returns being seen from digital marketing campaigns.

As we move into 2022, there are a few buyer behaviours we would like you to consider before you devise a campaign plan for the New Year….

Buyers are now searching for solutions to their problems online and often ask Alexa or voice search devices to do the searches for us. This trend is seen less in B2B searches and more relevant for retail clients, however, it’s only a matter of time before the trend catches up.

What does this mean for you?

We suggest you prepare and optimise your website for voice search, Google snippets and answers to commonly asked questions via website content becomes important.  When it is becoming more important to consumers, the trend will follow in the B2B world as we become more accustomed to these behaviours in our day-to-day life.

  • ‘Think With Google’ estimates that some 89% of B2B researchers use the internet in their research process, and 55% search for business information on social media.  So, what does this mean for you?

  • Search visibility – Your web presence and visibility for relevant search terms is hugely important. Also, the lines between social media and website content are blurring, so social media planning should really be a critical component of your SEO strategy going into 2022.

  • Make your pages informative – The user is looking for unbiased information to be able to make an informed decision and you can only win by adopting a content strategy that fulfils a prospect’s need for information. If for example, a prospect is looking for a software solution, the decision to buy from you will be based on; features of the product, how they can buy from you, will they be supported after they buy from you, transparency of your pricing model and most importantly, has anyone else used your product/service and have they achieved similar goals to this customer.

  • References and reviews – References and reviews are helpful in establishing your credibility and convincing a prospect to buy from you.

  • We are all conscious buyers – An independent study commissioned by SmartestEnergy reveals that 81% of consumers are increasingly favouring brands with a commitment to environmental sustainability. What does this mean for you?

Whether you are a software provider, a holiday letting website or a business consultancy, please make sustainability part of your marketing strategy. You can create a simple plan of how you pledge to be more sustainable as a workplace and as individuals within the company.  For inspiration, read how we at Predictable Marketing are doing our bit as a business towards sustainability.

Content is everywhere; but not a word to read.

Yes, we are constantly bombarded with content from all sources – email, social and digital platforms.  But rarely do we find a piece of content that is authentic and gives us more information about a topic than we already know. Although content is everywhere the need for authentic content has never been greater.   What does this mean for you?

  • Create informative content
  • Create content formats that make information easy to digest
  • Visual content is important
  • Where the content is delivered is important too
  • There is also a shift towards digital entertainment which means that gamified content is received a lot better
  • More emphasis on digital experiences means website usability and experience will be more important than ever.

As with creating more authentic content, personalisation and approachable tones will become a necessity. Not only is customisable content a must, but crucially as a population, we are at a time in history, where due to the global events over the past two years, we have all been through something at the same time; meaning we are connected in ways we haven’t been before. What does this mean to you?

While topics may be sales or process-based, some humour and shorter, snappier language won’t go amiss with your recipient when their workloads may have increased and the need for lighter content or email marketing is welcomed.

Enterprises are moving away from email as the main communication channel to more collaborative platforms like Teams, Slack, Asana, Trello, Monday.com, Zoom and the likes.

What does this mean for you?

Marketers will need to innovate email campaigns so they render well on these platforms. If you have some downtime in your schedule, we suggest you take that time to familiarise yourself with the platforms you may not have used before – as it’s likely in 2022 you will.

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by B2B Demand GenerationUncategorized

Marketing Strategies to Succeed in the Final Year Quarter 

The last quarter of the year is a busy one for many businesses. Not only do the retail and hospitality sectors ramp up their efforts ahead of the holidays, but software and technology businesses are also looking to finish the year strongly. Sales teams around the world are working frantically to close deals ahead of the start of a new year. The past two years have been particularly tough for businesses, but with the looming threat of Covid-19 and lockdowns hopefully behind them, they are looking for a strong finish, propelling themselves into 2022 in a good position.  

With so many pressures already on the sales team, it is important to have a strong marketing strategy in place to support them.   

Here are four ways how marketing can help you achieve your annual sales goals:

Identify the Quick Wins  

Marketing or demand generation functions can help in generating new leads and supporting the sales team, however with quarter 4 being so pivotal for businesses, sales efforts are focussed on closing the deals already in the pipeline and new lead generation and prospecting can take a back seat. 

Although in this last quarter of the year, it’s less likely that a new, bluebird deal will emerge and close. We therefore recommend looking for quick-win opportunities that could be triggered by the calendar year-end pressure. Putting our software, B2B marketing, thinking hat on, we’re talking about product end of life service and support or thinking of special discounts that you can offer on products.

Replicate Successful Demand Generation Campaigns 

Another option is to replicate past successes.  In order to achieve your sales goals, it’s vital to analyse where your past successes came from. That is why it’s important to use the data and experience you already have to its maximum value. You can pull a massive amount of analytics from nearly all your marketing channels and your CRM system. Marketing teams can help put together campaigns, based upon this data, which will give them insights into which sector to target, with what message and through which marketing channel. 

This data can help paint a picture of what worked and what didn’t, allowing you to dig into what engaged your audience and what they ignored. This data will be vital for planning content to use throughout this quarter. By analysing pieces of content, which format it was sent in and what elements made it click with your audience will help you make your campaign click with your target market.  

If your customers have the budget or regulatory pressures to meet in the calendar year, try timing your campaigns with it to gain some quick wins.  What does a sales team love more than a prospect that is under pressure to buy! 

If You Want Success, Emulate It

Don’t be shy in following the path of a successful competitor campaign. For example, we have been working on a campaign around supply chain automation for a UiPath partner. This campaign has generated 10 qualified sales opportunities within a month of running. If you can service the supply chain market why not try a similar campaign with your offering.

If your competition is particularly successful in a campaign, can you identify what made that campaign successful and replicate it with your own unique offering?  Where it is not recommended to just copy what they have done, you can isolate elements of their work for your own plans and leverage a market trend.

Set and Know Your End Goal, What do You Want Your Jan 1 2022 to Look Like  

Your marketing and demand generation efforts now, will not only give this calendar year a final push but will also create a pipeline for 2022. Hence, when formulating your strategy for the last push of 2021, it can be helpful to think about how your objectives will set you up beyond December 31st. Look ahead now to the 3rd of January, when most of us will be returning to work, how do you want your pipeline to look? What kind of leads do you want to be chasing? What are the sales goals you would like to achieve? Picturing this now will help you streamline your aims for the coming few months and help you achieve this.  

Set Your  Marketing Calendar  

The coming few months can get filled up very quickly. In between national holidays, the run-up to Christmas and family commitments, it can leave little room in your potential lead’s diaries. It is therefore important to plan your campaigns out in advance. Be mindful of what your potential customers might be up to at that time and target them when they are more likely to engage. Try to catch them earlier within the days and weeks before they get too bogged down with their own work. If you are unsure of when is best to target your leads, try a few different times, from early in the day to just after lunch or the last few working hours, you may be surprised what time works best for you.  

If you have the time, it might also be worthwhile attending a few in-person or online events. Especially now that face to face or hybrid events are back! October and November, in the business world, see a surge of events and racing for business awards. While don’t recommend splurging on PR and events, evaluating and being present at events where you have an opportunity to meet your customers should never be ignored. Just make sure you are double jabbed before you say yes to attend!  

Organise Your Downtime 

As busy as this quarter can be, you can also be faced with a sudden drop off in late December and over the Christmas break. For marketers, however, this is a perfect opportunity to invest some time into looking after your data. You can clear out disinterested or dead leads, highlight particularly fruitful contacts and finalising plans for next year. The groundwork now will pay dividends in the new year as you are able to hit the ground running.   

All of this planning can seem a little daunting at first, with many not knowing where to start or how to best optimise the assets available to them. That is why our last point for a successful last quarter is to ask for help.  

Many businesses are now recognising the benefits of outsourcing marketing or demand generations and using a digital agency that is best aligned to their needs.

Predictable Marketing has a proven track record of securing quality leads for software and technology businesses. If you would like help strategizing a successful last marketing quarter and beyond, get in touch to find out more.  

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by B2B Demand GenerationUncategorized

Marketing Automation vs Personalisation, Which is Best?

Marketing automation and personalisation are two of the biggest trends in business-to-business communication. At a glance, they might appear very similar, but the two approaches encompass completely different tactics and methods. Both have their advantages and disadvantages, but which is right for you?

A sales team would argue that personalisation is the best approach. The process of personalising your campaigns can take many forms, but essential it encompasses any effort made to align your actions to an individual’s prospects, characteristics or needs. The idea being that in making your email personalised to the customer you are investing in and building a long-term relationship with them. With research suggesting it can be up to 25% more expensive to acquire a new customer, rather than retaining an existing one, it’s easy to see why it’s important to value and maintain long-term customer relationships.

Sales teams are always in favour of personalising an email because they generally only get one chance to be in front of a prospect. With this limitation, it is important their messaging appears personalised and relevant to the specific needs of that customer. It can also build recognition between the customer and your brand, making you stand out from the crowd. Personalisation does however have its drawbacks. It can be an expensive route, with the need to collect personalised data from all your potential customers and having a reactive team who can change materials quickly based on the customer’s needs. Within B2B marketing, businesses are very much aware of the technology available to allow mass-sent emails to look personalised, meaning your personalisation efforts might still be in vain.

Marketing automation encompasses a large range of marketing practises that can be executed and optimised with automation, these include data gathering, lead generating, email marketing, social media and more. Marketing teams are more in favour of an automated approach as it allows them to reach a vast number of people quickly and efficiently. As you know marketing is at times a numbers game, you’ll have to kiss 10 frogs before you find your prince and automation allows marketing teams to do this. Automation not only plays a key role in outbound marketing but can also be effectively used within an inbound lead generation strategy.  For example, to personally reply to every enquiry you have may be fine if you get 10 enquiries in a month, but what happens when you’re getting 50 in a week? Automating your replies to inbound messaging will help you direct your customer enquiries and allow you to use your time more effectively.

So, automation or personalisation, which is the correct approach?

The answer is a mixture of both.  The two approaches can be utilised in tandem with a number of intersections within a sales and marketing journey. If a sales team can segment their prospect data into small enough groups, matching up the pain points for each customer, then marketing is able to target these smaller groups with personalised messages.

Many of the services or platforms’ marketers use for automating content allow personalisation. There are however two important things that are critical when personalising content.  The first of these is the data you use. If you want to address your recipients by their first names, then you need to have the correct first names in your database beforehand. Personalisation however goes beyond just the first names on an email, it can include the contents of an email or social media messages that change from user to user. That is why the second thing needed is meticulous planning and configuring of automated campaigns, ensuring the content differs from person to person.

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