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Marketing Transformation – Impact of Technology

Marketing is being transformed within every sector through technology.

Cloud computing with smart phones puts super computers in the pocket of a massive quantity of users. This now provides the opportunity to reach anybody at any time (through a wide variety of communication media – telephone, e mail or any of the appropriate social methods).

This can be seen as beneficial as research indicates that 6 to 8 touch points are still required to educate and inform the customer as they move through the buying process.

Marketing Transformation – Impact of Technology

Marketing Transformation – Today’s Customers Are Immune

  • There is so much noise and miss information today’s buyers require more conviction
  • Over 70% of buyers start the buying process with a generic search on a search engine (Google being the search engine of choice for over 90%)
  • So B2B buyers are doing their primary research and investigations and doing it for themselves. So its absolutely vital to make sure that the self search information is valid and clearly differentiates you

Content Marketing

It has been recognised for some time that quality content marketing is a required marketing activity, following this rationale

  • The company creates high quality content
    • Potential buyers find this content and digest
      • Ideally they then go on to make a purchase

A vendors website is the most important source of information when researching and evaluating technologies and processes

B2B Conference May 2017

Through Marketing Transformation How Do You Make Your Website Better

  • Would your site perform better through having a “Virtual Agent – 24-7 Capability” that helps guide a consumer to the right info. Almost intelligent navigation that can prompt when it would be good to talk to a real person
  • Content is more than words it needs to be made up of compelling and really useful stories
  • Need to reduce the friction as a buyer moves through the site

As is often the case the important element is to ensure that everything links to a marketing and sales strategy as opposed to just using technology and new approaches for the sake of choosing the latest shiny new approach.

For more information on marketing transformation click here. To talk to a marketing expert click here

Listen First For Great Marketing

In B2B good marketing should be a conversation between the buyer and the selling. In order to optimise this process the art of listening needs to be gained prior to the discussing and selling that will need to take place, but often occur too quickly and often at the wrong time.
In this article we will look at the 3 stages

  • Listening
  • Discussion
  • Selling

1: Listening

The reason and importance of quality listening cannot be understated. You are listening to gather information. If you are looking to develop a relationship and make a sale unless you know what the “pain and issues of importance” to the customer, how will you be able to offer any suggestions

  • When listening is shut up. You have two ears and one mouth they should be used in that ratio.
  • Absorb the information, take it in and store it. Respond with the information in a way that makes them feel as if you have understood (this will then make them feel special and valued)
  • Connect on a human level without business in mind – ultimately many products or services are very similar so its often about people and relationships
  • When listening look for problems to solve

2: Discuss

This is the part of the process where you need to convey your understanding of all that listening. Reflecting back to the customer “this is what I think you were..” . This is a critical stage as you need to make sure that you have understood correctly

  • Note : If the customer interrupts then you need to revert back to listening mode
  • You need to be preparing for “sales” mode

3: Sales

So now might be the opportunity for sales mode alternatively now could be the time to plan the next stage of listening and discussion. If sales mode is appropriate then be sure to have a value proposition available that meets your understanding of the customers needs

Listen First For Great Marketing – Two Tips

1: To connect at a human level sometimes a prop can help. Perhaps you wear a club tie, or have a badge that reflects your hobby or passion. This prop may help encourage a human level intervention before you start listening business
2. The following four letter acronym might help “WAIT” -. Always be considering – “Why Am I talking

Habits Of A Good B2B Marketer

If you are involved in a marketing role within the B2B environment, what habits of a good B2B marketer help you to progress as you strive for promotion. The following 4 factors have been identified

  1. Go the extra mile – being seen to do and try more is a key factor
  2. Have a pragmatic and flexible approach in how you operate
  3. Have great communication skills which should include listening, verbal and written
  4. Make sure colleagues, the industry, others know how active you are (this might involve you blowing your own trumpet)

What Skills Does A Good B2B Marketer Need

  • Strategy and general business skills are essential – its critical you understand the numbers
  • At board level specialist marketing tactical skills are largely irrelevant
  • You need to know enough about marketing to be dangerous, these could have been gained through formal marketing qualifications
  • Note from research conducted higher achieving marketers take 50% more external training

Habits Of A Good B2B Marketer – Invest In Your Personal Brand

    • Unfortunately you need to get active on social media. in B2B this will most likely involve LinkedIn, though instagram, twitter and facebook may also be relevant. As with all social media choose your platform carefully
    • If possible you should get speaking engagements – this ties in with getting noticed and recognised as being active
    • ABC – Always Be Connecting
    • A curious approach to latest trends and techniques
    • Speak the common sense language of business and don’t get tied up in talking business bingo
    • Have drive and empathy – the ability to engage with other business disciplines is essential
    • A willingness to pivot i.e. be flexible and prepared to adapt
    • Exercise calmness under pressure – high performing marketers don’t flap

Innovation – Doing It Differently

Typically you need Space and Time to Think if you want to come up with great ideas.

The process needs to incorporate elements of exploration and exploitation.

In this article we will consider ten things learnt from start ups, that can help us with developing our businesses and how innovation and doing it differently can have a significant impact.

10 Things We Can Learn From Start Ups

  1. You have got to be 100% committed to the business – all in is the only option
  2.  Haters are going to hate. There are always going to be people who don’t believe in what your doing. Nothing anybody else says must detract you
  3. Get a lawyer. When you start a business its best to get all the legal elements sorted at the earliest stage. It will ultimately be beneficial in the long term if the business dynamics change
  4. You always need to be looking for opportunities its a 24:7 operation
  5. Be decisive and be prepared to live with the decision
  6. Always be meeting – the business wont develop if you stay in the office / factory, so get out there
  7. I’m not particularly good at anything “Why don’t you explain to me like I’m fine”
  8. You need to be able to take the “ups” and “downs” – celebrate the highs and reflect on the lows and move on
  9. When you start up a business all your friends will think you are really rich
  10. Make sure you have the funds for growth

Innovation – Doing It Differently – embracing the smart phone

  • In 2007 we went to a rock concert and listened to the band play. In 2017 we go to a rock concert and record ourselves and send pictures to friends and post them on the internet within seconds on our smartphone,
  • The average amount of time spent on a smartphone per month is over 70 hours
  • There are now more Google searches conducted on mobile than desktop
  • On an average day over 100,000 products added to Amazon
  • Perhaps in the future we will take a pill that directly sends information of our health to the doctor
  • Improved education, with a smart phone a child in a third world country can access as much info as a student at Harvard

Innovation – Doing It Differently – doing something different that has impact.

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