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The State of B2B Marketing
& What to Be Prepared for in 2014
Ian Michiels, Principal & Managing Director
Gleanster Research

Ian Michiels
Principal & Managing Director
Gleanster Research
Agenda

The State of B2B
Marketing
1,243
B2B marketers

What to look out
for in 2014
What You’re Thinking
The State of B2B
Marketing
COMPANY BRAND
COMPANY BRAND

Today, it’s
about building
relationships.

BROADCAST / CAMPAIGN

ONGOING RELATIONSHIP
What I want.

Where I want it.

What I should know.

Engagement with Your Brand
Relevance

It’s about
continuity in
the user
experience.


Embrace social and
the empowered buyer

Relationships


Content is the
currency for reach &
relevance

Perpetual Engagement


Data is the currency
for customer
engagement
THIS
What I want.

Where I want it.

What I don’t know.

Engagement with Your Brand
Relevance

Problem is.

Relationships

Perpetual Engagement

LOOKS MORE LIKE:
Other Email
Marketing

Legacy Customer
Database

Marketing
Automation
Web Analytics

Email Marketing

CRM
Top 5 Challenges with Marketing Automation
Creating enough content at a reasonable cost

97%

Data quality and integration

Top 3
Challenges

85%

Poor marketing processes

84%

Rethinking legacy processes

75%

Lack of skilled staff

73%
0%

25%

50%

75%

100%

Top Performers
* Q3 2013 Marketing Automation Survey, n= 220
Challenges:
Using full
functionality in
MA

Think about the buyers journey. Is your brand a engaged at all stages?
"How many marketing automation solutions has
your organization tried?"

Challenges:
Finding the
right MA
system

70%
60%

61%

57%

53%

50%
40%

35%

38%

40%

30%
20%
10%

4%

5%

7%

0%
1 Solution

2 Solutions
2011

2012

3 or More

1H 2013

Find a solution that works for your organization. You may outgrow them.
Inbound Lead comes in:
 The odds of calling to qualify a lead decreases by over 6 times in
the first hour.
 After 20 hours every additional dial your salespeople make
actually hurts your ability to make contact to qualify a lead.

Challenges:
Lead follow-up

*Insidesales.com & MIT Study

Time kills your deals. Which means automation is critical.
 You need content to represent the brand.

Challenge:
Operationalize
Social

 Help the team feel confident, but manage
outbound communication
• Doesn’t allow the
organization to
get emotionally
invested

Social Media Drivers
License

• “Story Tellers” Create Content
• Everyone has a good blog in them

• Harder to find
them but free
reach
Find a balance.
You need both.

PROMOTIONAL
CONTENT

RELATIONSHIP
CONTENT
Inbound? /
Outbound?
No.
Unbound
Marketing
There will always be a need for campaigns. But you cannot be successful if
that’s all you do.
The Fournaise Marketing Group interviewed more than 1,200
CEOs in 2012 on the perceived value of the CMO.

Challenge: The
Credibility Gap

80% of CEOs didn’t believe CMOs were
connected to the financial realities of business
decisions the way CFOs and CIOs are.
We must address credibility issues with measurement.

According to Gleanster 28% of marketers
using marketing automation are measuring
the ROI on campaign execution.
FILTER CRITERIA ON DATA
Top Performers, n=34

Using Marketing Automation

Engaged in Nurture Marketing

13%

What’s
Working:
Simplicity

> 10 Campaign Templates

45%

5-9 Campaign Templates

23%

1-4 Campaign Templates

You only need a handful of campaign templates.
What’s on the horizon?
2014 and beyond…
 Sizeable VC investments

Next
Generation
Lead Scoring &
Predictive
Analytics

 Analyze big data to determine customer intent
and recommend next best action to sales reps
or uncover similar looking opportunities

Sales
CRM Data

+

Customer
Win Data

+

ThirdParty
Data

Sample Solution Providers:
 Social is here to stay
 If you build relationships you have to foster
them.
 On average half of marketers follow up with 4% of
leads generated.

Social has side
effects.

• REACH
• ENGAGEMENT
• BRANDING

“This is cool.”
Joe Customer
Jane Marketer

Jane Marketer
“My machine is broken…
and I’ve been ignored.”

“I don’t want to
manage this.”

Start thinking about how to hook social engagement into Support or Service.
 Be mindful of customer technology investments.
 Be strategic about the roadmap.
 You will inevitably run into issues that require IT support, so
don’t circumvent them.

Relationship
with CIO

Develop a plan for supporting the customer journey.

 43% of marketing execs plan to hire marketing or customer analytics talent
 10% plan to work more closely with the CIO and IT
*Information Week
 Based on goal conversion, locate similar
looking prospects
 Based on interest target these customers

Remarketing
has potential
for B2B

 Industry is young, brand impressions are high,
and you don’t pay for them. [CPC]
What is the
catalyst for
embracing
new best
practices?
 On “Display Network” Campaigns
 Go to the Campaign>Display Network>Placements

Tip: Check
your Google
AdWords
Configuration

 View and exclude garbage sites that you are paying for clicks on.
Google drove
$1,000 worth
of ad spend to
1dirtyshare.net
in one
month?!?
www.gleanster.com
• 1000s of Resources
• Videos
• Webinars & Events
• Social Media Feeds

• Vendor Profiles
• Analyst Commentary
• Solution Reviews
Thanks!

Ian Michiels
Gleanster
@InsightFanatic
ian.michiels@gleanster.com

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The State of B2B Marketing in 2013 & What to Prepare for in 2014

  • 1. The State of B2B Marketing & What to Be Prepared for in 2014 Ian Michiels, Principal & Managing Director Gleanster Research Ian Michiels Principal & Managing Director Gleanster Research
  • 2.
  • 3.
  • 4.
  • 5. Agenda The State of B2B Marketing 1,243 B2B marketers What to look out for in 2014 What You’re Thinking
  • 6. The State of B2B Marketing
  • 7.
  • 8. COMPANY BRAND COMPANY BRAND Today, it’s about building relationships. BROADCAST / CAMPAIGN ONGOING RELATIONSHIP
  • 9. What I want. Where I want it. What I should know. Engagement with Your Brand Relevance It’s about continuity in the user experience.  Embrace social and the empowered buyer Relationships  Content is the currency for reach & relevance Perpetual Engagement  Data is the currency for customer engagement
  • 10. THIS What I want. Where I want it. What I don’t know. Engagement with Your Brand Relevance Problem is. Relationships Perpetual Engagement LOOKS MORE LIKE: Other Email Marketing Legacy Customer Database Marketing Automation Web Analytics Email Marketing CRM
  • 11. Top 5 Challenges with Marketing Automation Creating enough content at a reasonable cost 97% Data quality and integration Top 3 Challenges 85% Poor marketing processes 84% Rethinking legacy processes 75% Lack of skilled staff 73% 0% 25% 50% 75% 100% Top Performers * Q3 2013 Marketing Automation Survey, n= 220
  • 12. Challenges: Using full functionality in MA Think about the buyers journey. Is your brand a engaged at all stages?
  • 13. "How many marketing automation solutions has your organization tried?" Challenges: Finding the right MA system 70% 60% 61% 57% 53% 50% 40% 35% 38% 40% 30% 20% 10% 4% 5% 7% 0% 1 Solution 2 Solutions 2011 2012 3 or More 1H 2013 Find a solution that works for your organization. You may outgrow them.
  • 14. Inbound Lead comes in:  The odds of calling to qualify a lead decreases by over 6 times in the first hour.  After 20 hours every additional dial your salespeople make actually hurts your ability to make contact to qualify a lead. Challenges: Lead follow-up *Insidesales.com & MIT Study Time kills your deals. Which means automation is critical.
  • 15.  You need content to represent the brand. Challenge: Operationalize Social  Help the team feel confident, but manage outbound communication • Doesn’t allow the organization to get emotionally invested Social Media Drivers License • “Story Tellers” Create Content • Everyone has a good blog in them • Harder to find them but free reach
  • 16. Find a balance. You need both. PROMOTIONAL CONTENT RELATIONSHIP CONTENT
  • 17. Inbound? / Outbound? No. Unbound Marketing There will always be a need for campaigns. But you cannot be successful if that’s all you do.
  • 18. The Fournaise Marketing Group interviewed more than 1,200 CEOs in 2012 on the perceived value of the CMO. Challenge: The Credibility Gap 80% of CEOs didn’t believe CMOs were connected to the financial realities of business decisions the way CFOs and CIOs are. We must address credibility issues with measurement. According to Gleanster 28% of marketers using marketing automation are measuring the ROI on campaign execution.
  • 19. FILTER CRITERIA ON DATA Top Performers, n=34 Using Marketing Automation Engaged in Nurture Marketing 13% What’s Working: Simplicity > 10 Campaign Templates 45% 5-9 Campaign Templates 23% 1-4 Campaign Templates You only need a handful of campaign templates.
  • 20. What’s on the horizon? 2014 and beyond…
  • 21.  Sizeable VC investments Next Generation Lead Scoring & Predictive Analytics  Analyze big data to determine customer intent and recommend next best action to sales reps or uncover similar looking opportunities Sales CRM Data + Customer Win Data + ThirdParty Data Sample Solution Providers:
  • 22.  Social is here to stay  If you build relationships you have to foster them.  On average half of marketers follow up with 4% of leads generated. Social has side effects. • REACH • ENGAGEMENT • BRANDING “This is cool.” Joe Customer Jane Marketer Jane Marketer “My machine is broken… and I’ve been ignored.” “I don’t want to manage this.” Start thinking about how to hook social engagement into Support or Service.
  • 23.  Be mindful of customer technology investments.  Be strategic about the roadmap.  You will inevitably run into issues that require IT support, so don’t circumvent them. Relationship with CIO Develop a plan for supporting the customer journey.  43% of marketing execs plan to hire marketing or customer analytics talent  10% plan to work more closely with the CIO and IT *Information Week
  • 24.  Based on goal conversion, locate similar looking prospects  Based on interest target these customers Remarketing has potential for B2B  Industry is young, brand impressions are high, and you don’t pay for them. [CPC]
  • 25. What is the catalyst for embracing new best practices?
  • 26.  On “Display Network” Campaigns  Go to the Campaign>Display Network>Placements Tip: Check your Google AdWords Configuration  View and exclude garbage sites that you are paying for clicks on.
  • 27. Google drove $1,000 worth of ad spend to 1dirtyshare.net in one month?!?
  • 28. www.gleanster.com • 1000s of Resources • Videos • Webinars & Events • Social Media Feeds • Vendor Profiles • Analyst Commentary • Solution Reviews