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Marketing Darwinism - by Paul Dunay
Advertising, Behavioral Targeting, Customer Experience, Facebook, Innovation, Interactive Marketing, Mobile, Pay Per Click, Search, SEO

Interview with Dave Chaffey of Smart Insights

DigitalMarketing

This week I had the pleasure of reading a new report from Smart Insights on the State of Digital Marketing 2015 and decided to dig in a bit further with an interview. For those of you who aren’t familiar with Dave or Smart Insights – Dave Chaffey is CEO of Smart Insights, a publisher of planning templates and articles focusing on Digital Strategy with channels on B2B Marketing and Marketing automation. The following is an excerpt from our discussion, I hope you enjoy it.

1) What do you think the biggest change to Digital Marketing for B2B firms will be in the next year?

I think content personalization is the biggest opportunity into 2016 for B2B Marketers. Most B2B service marketers know the value of tailored landing pages to drive traffic and capture leads for niche B2B buyer personas. Let’s face it, these options have been around for fifteen years – your question takes me back to a workshop I did for Siebel systems around then, before they became part of Oracle. We were looking at optimizing targeted landing pages through Siebel for different search behaviors even then before some of today’s well-known marketing automation services like HubSpot, Marketo and Salesforce were even established. These types of services and many others have made scalable lead generation affordable for businesses, but I often feel the potential for lead scoring and lead nurture through personalization isn’t being exploited as much as it could.

At SmartInsights.com, for example, our home page and member benefits pages are tailored by role based on their registration – so a marketing manager gets a different message and different content than say an agency manager. We setup our personalization rules in WordPress, but for marketers who don’t role their own there are many plugins and services to support greater B2B personalization, for example BrightInfo, Evergage and Marketizator to name three players. Again this approach isn’t new technically innovative, but it is underexploited. It is getting more sophisticated with automated content recommendations based on profile and content consumption – for example Idio can be used by larger businesses for this.

2) What do you see as the biggest mistakes being made in Digital Marketing by B2B firms?

The most common mistake I see is getting the balance of Content Marketing activities wrong. We all know content marketing is at the heart of digital marketing, yet often content marketing strategies don’t invest sufficient in the right range of content across the buying cycle and by content I am referring to our Content Marketing Matrix which helps businesses review the best types. The CMM also helps you think about the right balance of what Michael Stelzner of Social Media Examiner called nuclear and primary fuel. You need to invest in that emotion-inducing or shareable content that cuts through otherwise others who have made that investment will win across the channels whether that is SEO, Social media or Email marketing.

Then there’s content distribution… putting the investment into marketing the content you have invested in. Here there must be the right balance between paid, owned and earned media. Paid media, remarketing or retargeting through AdWords, LinkedIn or Facebook helps remind prospects about your services so it’s a mistake to miss this – it gives probably the best paid digital media ROI available. With Earned media it’s about putting the time into influencer outreach – it’s a popular buzz word, but few do this as well in my experience.

3) What one Digital Marketing tactic should a B2B Marketer adopt in the next year?

Simple – Retargeting using paid media as mentioned in my previous answer – if you’re not doing already it’s a great opportunity. If you are, there are new options available all the time, like the recent launch of the LinkedIn ‘Lead Accelerator’. You can review the options on our Content Distribution matrix.

4) What one Digital Marketing tactic should a B2B Marketer stop in the next year?

That’s tricky Paul, because we believe that any tactic can be optimized and most techniques can be made to work. If you’re not getting ROI from digital media that has to stop! But I’ll give you a simple marketing automation technique that any B2B marketer can apply – stop sending out welcome sequences that aren’t targeted, i.e. one-size fits all welcome emails. Since you collect the profile information of a prospect when they subscribe it’s a ‘no-brainer’ to target by role or vertical or need – whatever will give you the biggest uplift and different points in the lead nurturing.

Talking of Marketing Automation, we have a new survey on the opinions on Marketing Automation of B2B marketers in 2015 just launched. We’d love it if your readers can share their experiences and of course they’ll get the research report when it’s completed.

June 17, 2015by Paul Dunay
Advertising, Facebook, Innovation, Search, SEO, Social Media, Social Networking, Strategy, Web Analytics

Where does Google+ fit into your B2B Marketing plans? [infographic]

Have you made Google Plus a part of your marketing strategy yet? If not, you could be missing out on a great opportunity to grow your audience. After all, it’s not every day that a social media website goes to great lengths to make your business more visible, but that’s exactly what you’ll get from Google’s services. By giving every plus profile a page rank, Google makes it easier for everyone to show up online in the search engine. And, with every comment, mention and +1 your content receives, you will rank higher on one of the most popular search engines in the world. If you don’t believe me, just check out the following infographic.

This handy guide will show you exactly why Google Plus is such a useful tool for businesses and B2B marketing. Even if you’re not sure how to get started, this infographic, provided by SmartVirtualPhoneNumber.com, will show you how to create an account and become active on the site. The more active you are, the more noticeable you will become. In addition, you’ll be able to take advantage of all the tools associated with Google’s social media service, including Google Hangouts.

If you’ve been looking for another way to reach out to potential business partners or create a larger following, Google + might just be able to provide the boost you’ve been looking for. Don’t wait any longer, make Google + a part of your business plans today!

May 9, 2014by Paul Dunay
Behavioral Targeting, Business Intelligence, Conversion, Conversion Optimization, Customer Experience, Interactive Marketing, Internet, Search, SEO, Strategy, User Generated Content

How to Make the Zero Moment of Truth Work for You

ZMOT image

When faced with multiple products, the time it takes for a shopper to make a purchase decision between them is usually three to seven seconds. These critical moments are known as the First Moment of Truth (or FMOT), and they determine whether or not all the advertising and promotion marketers have invested will pay off. Thanks to the Internet, another critical moment for consumer/brand interactions is also getting attention: the Zero Moment of Truth (or ZMOT). ZMOT encompasses the time between consumers’ first exposure to advertising for a product and the ultimate purchase decision—with emphasis what happens in between those two things: online research of the product.

According to a study by Google (who came up with the ZMOT concept), before deciding whether or not to buy:

  • 50% of shoppers used a search engine to get more information on a product or brand
  • 38% comparison shopped online
  • 36% checked out the brand/manufacturer’s website
  • 31% read online endorsements, reviews or recommendations

These behaviors have redefined the way marketers now plan for online shoppers—causing a tremendous shift away from the way they used to plan their campaigns.  Marketers who sell high-end goods like electronics, furniture or cars are no strangers to these shopping patterns, but these days, customers apply them to practically everything they buy. Having a good product and a solid awareness campaign is no longer enough; now there’s a more informed and discerning customer base to cater to. They check in with their trusted third-party sources, and expect your message to be consistent from desktop to mobile to tablet and back again. It’s a tall order…but not an impossible one.

Here are some ideas to help win at the Zero Moment of Truth:

Mobile Optimization

Back in the day—uh, about 10 short years ago—marketers knew more about their products than their consumers did, and had the luxury of acting as the gatekeepers of brand information. These days, consumers aren’t as passive; they’re active, engaged and are likely to know as much about what’s being sold as the people selling it to them (if not more). When they have something to say about a product, they’re not just saying it to the company that sold it to them, they’re talking to each other, at an exponential rate.

Mobile tech and devices are crucial to this process. On the go, customers search for store locations, compare prices and features, and call family and friends to get opinions. At home, they’ll respond to a TV or radio ad by firing up search engines on their second screens. So optimizing company websites for mobile is a no-brainer.

Here are some things to consider when doing so:

  • Improve page load speeds by leaving out huge graphics and Flash content.
  • Make sure your site design translates to smaller smartphone screens as well as it does to larger tablet and desktop ones.
  • Use A/B and Multivariate testing on as many site elements as possible—namely, content, design, shopping cart process—to see what gets your mobile audience excited.
  • Don’t be afraid to track mobile marketing separately from other web campaigns; according to Google’s study, mobile-only campaigns perform 11.5% better than hybrid desktop/mobile ones.

Brand Credibility

You already know people are talking about your brand on the Web, so you need to do your utmost to embrace and be a part of that conversation.

If people are searching for your brand online with questions, you’d better have useful and engaging answers for them—because if you don’t, your competition surely will.  Product reviews and recommendations are major resources for consumers doing research; make sure they’re prominently displayed on the product pages of your website.

Don’t be nervous about opening up your site to user comments and feedback, because honestly…most reviews are good reviews. According to a Bazaarvoice study, 80% of online reviews on a given retail site are written by the top 20% of the site’s most committed and loyal customers. Even the occasional thumbs-down is a good sign; shoppers see negative reviews as proof of an unbiased, truthful environment.

Video is another crucial aspect of ZMOT; product showcases, how-to demonstrations, B2B case studies…whatever your market, customers will want to see what you have on offer before opening their wallets. Shoppers love to send videos to each other via email, post them to social networks or embed them in their blogs or personal websites, so make sure your videos are easy for customers to share. Try adding a YouTube channel to your social media arsenal. Increase the reach of your TV advertisements by posting them online.

Brand Consistency

If there’s no stylistic connection between your company’s main website, your social media pages, and your offline marketing campaigns, shoppers are bound to get confused or challenge the legitimacy of your online presence. Keep branding elements and logos consistent between all your marketing channels, so consumers trust that they’re exactly where they need to be and know precisely who they’re dealing with.

Don’t just pay attention to style—your content also has to be consistent across channels and campaigns. Shoppers are using various pathways to find you; if they see conflicting product descriptions or huge price discrepancies between channels, they’re likely to lose confidence in your brand and look elsewhere. Also, it’s important to keep your online content fresh and updated. If customers keep seeing the same old commentary on your main site, or your social media sites haven’t been updated in months, they might think you’ve gone out of business—and you’ll lose their business.

Personalization

A huge part of succeeding at ZMOT is being able to define and understand your target audience, in order to provide them with specific experiences attuned to their needs. Not only are consumers seeking information about your products, but their searches also allow you to gain insight that helps you give them exactly what they’re looking for.

Use information gathered from website behaviors to create user profiles that can be segmented by various attributes: geography, time of day, viewing device, media channel, web browser, etc. This personalized approach can be as simple (one or two collected insights) or as complex (mathematical algorithms that dynamically adjust and predict displayed content) as your specific campaigns require.  Once created, these profiles provide better, more relevant customer engagement.

Product reviews and recommendations come back into play here, because when consumers engaging in ZMOT use them, they’re not thinking of them as opinions from strangers—instead the reviews and recs are perceived as coming from people like themselves, who’ve been in the same situation and had similar questions. Personalization helps online marketers connect consumers with the product advice most suited with their particular need, which can lead to a desired purchase. Those customers can then post their own reviews or recommendations, informing other consumers undergoing their own ZMOT…and the beat goes on.

ZMOT is a fantastic way to gain awareness on customer interest and satisfaction; putting these various methods to work for you will keep your brand in the forefront of shoppers’ minds and attentions, giving you the ability to trounce your competition and make the sale.

June 5, 2013by Paul Dunay

Search

Welcome to my blog, my name is Paul Dunay and I lead Red Hat's Financial Services Marketing team Globally, I am also a Certified Professional Coach, Author and Award-Winning B2B Marketing Expert. Any views expressed are my own.

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