Posts tagged: Marketing Best Practices

What B2B marketers can learn from TV ads.

There are actually a few people out there who do not have a single television set in their home. I have a lot of admiration for these people. Unfortunately, I’m not one of them. I do my part as a viewer of American television.

These days, with the advent of personal video recorders (PVRs), a growing number of TV viewers like me are fast forwarding through the commercials in the shows we’ve taped. But, once in a while, I do catch a live broadcast and get a bit caught up on what Madison Avenue has been up to.

I am actually very critical of 90% of the ads I see on television, but last night I saw a truly great ad.

The live-action story portrays a father leaning into the passenger side window of an automobile. He is giving last-minute good-driving reminders to his daughter who is in the driver’s seat. The daughter is a small child. In spite of not being tall enough to see out the window, she seems anxious to get the conversation over with so she can get going. After assuring her father that she will follow his instructions, he hands her the car keys. At that point, of course, the camera moves again to the daughter and you see that she’s a teenager of driving age. It’s then you learn that the car is a Subaru.

What does this beautifully done ad communicate? It says that fathers always see their daughters as little girls and that Subaru is a car fathers can trust to be safe enough for their daughters.

It’s what advertising should be, and it illustrates a good lesson for B2B marketers. That is, it illustrates the most important factor in B2B marketing programs, strategies and messaging:

Always see the environment and the product being sold through the customer’s eyes. It’s the only point of view that makes it possible to truly connect with them.

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B2B Marketers — Don’t Go Out Without Your Makeup.

It was 1995 when Newsweek had Bruce Willis on its cover in a t-shirt and jeans with a headline that read “Have We Become a Nation of Slobs?” We dressed pretty casually back then, but these days it’s a miracle if folks aren’t going to work in their pajamas on casual Fridays.

It’s a bit different in B2B marketing, especially for companies selling larger ticket items. When a B2B marketer shows the company’s “face” to prospects, that company needs to be wearing all the proper clothing and makeup.

This sounds like I’m talking about branding, but the brand is only one element of what prospective customers see when they are ready to make contact. Here are the other two critical foundations that must be in place before ANY other marketing is undertaken:

1.  Build a Web site that, in addition to supporting the brand, is a strong sales tool.

Here are the basic items that must be included:

  • Strong story that quickly and clearly communicates what the company offers, who the product is meant for and the main benefits the product(s) delivers
  • Opportunities for visitors to interact with the site, such as white paper downloads (both free and those requiring registration), a strong opt-in invitation, possibly an ROI calculator, videos and other similar interactive devices.
  • Multiple contact options, including a “Please contact me” form, phone number, email address and, yes, even a fax.
  • Navigation that lets visitors quickly and easily find the information they need.

Many prospects who are directed to Web site landing pages — whether in response to SEM ads, emails, direct mail or other communications — may still choose to visit the company’s Web site before accepting an offer. So the Web site must “sell.”

2.  Make sure inbound callers can easily reach a human being.

There are still prospects out there who prefer to pick up the phone and call a company for information. Providing an easy option for them to call and speak with a sales person or operator (who can direct the call) ensures that companies don’t miss easy opportunities for personal interaction with their prospects.

Without the proper makeup, B2B marketing efforts — regardless of the channel — cannot be as effective as they should be.

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Bad thoughts that block B2B marketing success.

Blogs are mostly written from the experience of the individual blogger. This post is no exception — it came to mind when I heard a prospective client repeat one of the following statements, which I had already heard dozens of times. It occurred to me then that it might be time to share this list of bad thoughts so that other B2B marketers might see the possible error of their ways.

“Our target is IT. They won’t respond to direct mail marketing. They do everything online.”
Tell that to SAP, Citrix, VeriSign, Novell, Sage, Epicor, Cisco Systems, Adobe, PeopleSoft, Avaya, Proxima, McAfee, Corel, Broderbund, BEA, Symantec and hundreds of others. All of these companies have used — and continue to use — direct mail marketing to reach their target markets, including IT, because it cost-effectively generates leads and sales.

“I’m reaching everyone I need to reach with email.”
Frankly, that’s impossible. The very best B2B email lists available today are lists of subscribers to specific industry publications. These lists usually require their subscribers to fill out a profile form to get and renew their subscriptions. With lists like this these, marketers know that they are getting full opt-in. These lists also allow marketers to select titles and other profile details on their prospects. Comparing email lists to direct mail lists in the same category, however, consistently reveals that email lists average only 30% of the target universe available from direct mail lists. B2B marketing only using email is, therefore, missing two-thirds of available prospects. With the delivery loss from spam filters, the missing number is likely to be even larger.

“Social media is the only way to go today.”
Yikes! Social media has great value as an extension of any lead generation and nurturing effort. It is also a powerful support for positioning a company as a trusted thought leader. But no single channel can ever deliver all the elements necessary for an effective B2B marketing program.

“We tried that and it didn’t work.”
Regardless of what the “it” refers to, my response is, “Give me the details. Tell me the target, the Web site, the response device, the list, the sample size, the copy, the offer, the design, the tracking, and the measurement used.” Once I hear the answers, I’m likely to find not just one, but dozens of bad marketing practices used in the campaign.

Not every channel works or is a smart approach for every business. But trying an approach once, without following best practices, should never be a reason for a marketer to eliminate that channel from a strategic integrated B2B marketing campaign.

The best tool a B2B marketer can have when building a strategy and seeking success is this — an open mind.

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Four Rules for Communicating with the “Crazy-Busy Prospect”

The title of a recent blog post by Brian Carroll, “Learn the New Rules for Selling to Crazy-Busy Prospects,” got my attention.

In this post he invites his readers to a complimentary Webinar on Thursday, June 24 at 2:00 PM CST (that’s tomorrow) featuring Jill Konrath, author of “SNAP Selling: Speed Up Sales and Win More Business with Today’s Frazzled Customers (May 2010).” I’m sure it will be a valuable and informative event.

The focus of Brian’s blog and expertise which he shares on B2B Lead Generation is B2B selling and the complex sale. It’s an important topic.

But the title of his post hit me for a different area of marketing.

For marketing to generate a lead — or nurture one — we need to “communicate” with prospects in writing. Whether it’s an email, a direct mail letter, a product brochure, Web site, data sheet or any other communication, we must remember that the folks reading our B2B communication are crazy-busy.

How do we communicate in writing with these folks? I follow these four tried-and-true rules:

1. Make sure the reader/prospect gets the entire message by reading only the headlines and subheads, without having to read a word of body copy. A quick scan of the message should communicate the topic, big benefit(s) and the call to action.

2. Never write any paragraph, anywhere, that is longer than four lines.

3. Communicate the message as quickly as possible. The crazy-busy don’t have time to read, and if the message looks long and wordy, they’ll stop reading it and move on. Email marketing messages should be 250 words or shorter. Direct mail letters should fit on one page.

4. Always include a strong, clear prominent call to action. All communication, including Web pages, must tell the reader/prospect exactly what they are to do and when they are to do it. Yes, adding the words “now” or “today” makes a difference.

The crazy-busy don’t have time to wade through complex messaging. To reach this group, marketers should always keep B2B communications short, clear and direct.

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My 5 favorite B2B marketing numbers.

Everyone, except perhaps the creative folks in advertising agencies, knows that marketing is a numbers game. Numbers such as click-thrus, cost-per-lead, cost-per-sale and ROI dominate the landscape of marketing numbersdiscussions.

I like numbers. They measure the real market success (or failure) of B2B marketing campaigns, they support the argument for following best marketing practices, and they give marketers real insight into the cost and potential value of various marketing approaches.

So, it makes sense to share my 5 favorite numbers to help other marketers experience the confidence and the joy that numbers bring to the strategic process. I didn’t devise these numbers. But after years of knowing them, I cannot honestly remember whose testing and research discovered them in the first place. They are:

  1. The value of following up with leads immediately: 88% of people are happy to hear from the B2B vendor within 24 hours of downloading informational content. Waiting 96 hours drops that percentage to the 40s.
  2. The reason nurturing leads is critical in maximizing sales: 45% of new leads generated will buy from someone in the industry category within 12 months.
  3. One big argument for integrated outbound marketing: Qualified B2B direct mail lists consistently provide 60% more records, business profiles and demographics than email marketing lists.
  4. Making sure the results of marketing tests are statistically valid: When testing one list or channel against another, the results of the test can be considered minimally statistically valid only if the response to each individual test cell is 85 responses or higher.
  5. Where to focus efforts in B2B marketing campaigns: Out of 100%, the elements that affect the outcome of a B2B marketing campaign carry the following weights List/Media/Data = 40%, Offer = 30%, Design = 15% and Copy = 15%.

Marketers building strategies and plans for the remainder of the year and beyond should let the numbers be their guide.

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Why some B2B companies look lazy or careless.

Being a wordsmith, I am especially attracted to creative uses of words (puns, for example), books about proper grammar and punctuation (Eats Shoots & Leaves by Lynne Truss is a favorite), histories of language, and more. That’s why you’ll find me recording and watching every Monday-night Jay Leno Tonight Show.

Tired businessmanMonday is the night that includes the weekly feature “Headlines.” It shows endless examples, sent in by viewers, of amusing, but unplanned, language and spelling errors in newspapers, advertising, menus, and other printed materials.

On the Tonight Show, these errors are humorous. On a B2B Web site or in professional marketing materials, they are not funny at all. Spelling errors, punctuation errors, verb-usage errors, and others make the company being marketed look lazy or careless.

Who would want to do business with a company like that?

Professional B2B marketers who care about the image their company projects will make sure that every word that goes out from their company gets proofed before the material is posted or distributed.

If companies have an internal resource who is good at proofreading and has the time, that’s great. If not, proofreading how-tos and resources are everywhere online. For example, Virginia Tech and Purdue offer quick online guides to better proofreading. You can search and find dozens of professional services such as The Proofreaders. Marketers can ask for referrals to proofreaders. A colleague referred a freelance proofreader to me who reviews and corrects everything I write before it goes to my clients.

Proofreading is a very important step in the marketing process. Companies who care about their brand, their positioning, and their image will make sure all their company communications use proper grammar and correct spelling. They are as important as the message itself.

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The B2B marketing “wow” that counts is the one on the bottom line.

I admit I read Seth Godin’s blog regularly. It’s like visiting a lama high in the Himalayas for a bit of wisdom. He doesn’t share details on how to market better. He provides an insightful high-level view of our marketing environment, attitudes and trends that I find very refreshing.

wow_star_hsIn a recent post on the Internet’s having spawned “Drive by culture and the endless search for wow,” he presents the reality of today’s Internet users and discusses the “insanity of putting traffic above trying to change the way (a few) people think.”

Unlike Mr. Godin, my focus is not high level, but down in the daily trenches of finding ways for B2B marketers to improve the performance of their marketing efforts. So I interpret his great perception through my how-to eyes with a piece of advice that I learned early in my career. That is . . .

Target. Target. Target.

For B2B marketers using banners, search engine marketing (SEM) ads, email and even a Web site to generate leads, this means that the headlines and copy must focus 100% on the concerns, needs, and pains of the company’s most qualified prospects.

Sales people have limited time and can focus only on companies they are likely to sell. That would be prospects from companies in the right industry, with the right number of employees, who have decision-making or influencing power and the problem the marketer’s product or service can solve.

For B2B marketers to generate any other kind of click-thru is a waste of time and money.  That’s because the only B2B marketing “wow” that counts is the one on the bottom line.

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“We” may be sabotaging your B2B marketing.

Everyone can write, or so states Yonatan Maisel in his Monday blog “Release Your Innate Business-Shakespeare: How and Why Writing is the Most Indispensable Tool in the Business Arsenal.” He aptly points out that this is not true of any profession other than writing — airline pilot, attorney, brain surgeon, plumber.

Not all writing, however, is the same.

Business people who are very good at communicating on paper often do not write direct, compelling, result-generating B2B marketing messages. This is plainly evident on many B2B Web sites, marketing emails, direct mail letters, product brochures, and other B2B marketing messages. The copy reads well. It uses good grammar and it is understandable.

What the copy does not do is employ all the tactics that have proven to generate a response, a click thru, a phone call, or a download.

About UsIf B2B marketers want to quickly determine if their messaging is not living up to best practices, all they need do is scan their copy for the word “we.” The appearance of the word “we” instantly says, “This company cares more about its name and reputation than it does about serving its customers.”

Marketers may not think that about the company they work for at all. But the moment they use the word “we” in the marketing copy, they project that self-focused image.

It is important to include a credibility statement in marketing messages — number of years in business, customers served, testimonials, etc. — but not until after the prospect has presumably been convinced that the product being sold or the offer being made has value, and never in the opening sentence.

So, I advise marketers to look for the word “we” on their Web sites, in their emails, direct mail, brochures, etc. If they see it, it’s time for a rewrite.

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Ancient secrets for getting B2B email opened and read

Is there a polite way to say that I love being proven right? Is it a “neener, neener” moment?

Yesterday, MarketingSherpa posted the results of research presented at their Email Summit by Bob Johnson, VP and Principal Analyst at IDG Connect. This research addressed “What Motivates Buyers to Receive and Engage with Vendor Email?” (Access to this MarketingSherpa article will close on Ancient Secrets2/20/10.)

What Johnson reported, which I was so pleased to read, is that the elements that make buyers pay attention to opt-in emails are the same ones that have made buyers pay attention to direct marketing messages for decades — possibly centuries.

They are . . .

  • LIST — Influences results by 200%
    How targeted is the list of people who are receiving the message?
  • OFFER — Influences results by 100%
    What information is being offered, what action, what opportunity?
  • CREATIVE — Influences results by 50%
    How clearly does the email communicate the message and the call to action and resonate with the individual reader?

(Other direct marketers may put different percentages on these items, but the relationship between them will remain the same.)

So what did the IDG Connect research reveal?

  • LIST – Obviously, a B2B marketer can’t find any better list than one made up of prospects that have opted-in. Every recipient has raised a hand and asked for information related to the product or service being offered. So that element is as good as it can be.
  • OFFER – The offer is as important as it ever was. MarketingSherpa reports that “Underwhelming offers are the biggest weakness of most emails, according to buyers.” This insight tells B2B marketers exactly what area of their emails they can enhance if they hope to improve their open and response rates.
  • CREATIVE - The survey shows two creative elements that can make an impact on email response. One is recognizing the sender. “Buyers cited ‘known sender’ as the most important factor in determining whether or not they open an email.” The second is personalization — not just with the name but also with title and area of interest. Directing the message to individuals is why direct marketing is also called target marketing.

Another “revelation” is that “Buyers want to do a good job for the organization they work for, but they’re also looking out for number one.” That point is no surprise to those of us in B2B direct marketing who know that ALL decisions are emotional. The more the message is focused on what the product or service can do for that individual in his or her workday (while benefiting the company), the better it will perform.

So I send out a thank you to my readers for letting me have this moment of glory and proving once again that marketing channels may change — but people do not.

One note on social media
This IDG Connect study researched the opinions of both buyers and marketers, finding interesting differences between their views. In fact, marketers gave far more importance to social media as a “favored method for receiving product/services information.” Buyers were shown to favor that channel by only 12%.

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Advice to most B2B marketers: “Don’t sweat the big stuff”

Among the several dozen opt-in emails I got today was a warning from iMedia Connection. The email was an intro to a blog post by Adam Kleinberg, CEO of Traction, titled “5 Marketing Megatrends You Can’t Ignore.”

It’s true — I did not ignore his post. The implied warning is that marketers, Globeincluding B2B marketers, must adapt to these overpowering market trends.

Actually, the post is an insightful, worldview of marketing — and it’s not wrong. Kleinberg talks convincingly of the opportunities available to those who are able to leverage these trends into their brand and their marketing practices. Here is his list:

  • Megatrend 1: Mass collaboration is powering the new economy
  • Megatrend 2: Constant connectivity in an on-demand world
  • Megatrend 3: Globalization, making the world a smaller place
  • Megatrend 4: Pervasive distrust in big corporations
  • Megatrend 5: A global sense of urgency to fix the problems of a modern world

“These,” he says, are a “tsunami of change transforming society.”

However, if these trends are big enough to affect all marketers, then why did a fairly recent Sysomos study show that 75% of all Twitter traffic is generated by 5% of users? Why did a Forrester Research growth forecast for 2009 predict that online sales would make up only 7% of overall retail revenue, compared with 6% in 2008?

Marketers who are not using Twitter may be missing some of the population but not a majority of their market by a long shot. The share of Internet retailing is growing, but it’s still a small percentage of retail sales. There may be “pervasive distrust in big corporations,” but big corporations make up less than 2% of the companies in the United States. As of 2004, the U.S. Census Bureau found that out of the 25 million firms in the United States, only 5,104,331 have paid employees. Of those, 4,980,165 (98%) have fewer than 100 employees and 4,453,810 (87%) have fewer than 20.

So the trends are big. People and business buyers may be changing how they communicate, how they research information, how they collaborate, what public goals and causes they support, and more. But people haven’t changed.

B2B marketers and companies big enough to have the time, the personnel and the budget to take advantage of these trends should go for it. The remaining 98% of B2B marketers should know that these trends haven’t changed the market enough that they need to sweat it.

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