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THOUGHT LEADERSHIP
POSITIONING YOURSELF AS AN EXPERT IN THE
MARKETPLACE
DEC 17, 2014
Sheboygan County Chamber
HI, I’M DANA VANDENHEUVEL
ProfessionallyPersonally Socially
/in/danavandenheuvel
/dvandenheuvel
/marketingsavant
/vandda
/danavan
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
WHAT IS THOUGHT LEADERSHIP?
RainToday.com
“Thought	
  leadership	
  centers	
  on	
  earning	
  trust	
  and	
  
credibility.	
  Thought	
  leaders	
  get	
  no4ced	
  by	
  offering	
  
something	
  different—informa6on,	
  insights,	
  and	
  
ideas	
  –	
  for	
  instance.	
  Thought	
  leadership	
  posi4ons	
  
you	
  and	
  your	
  company	
  as	
  an	
  industry	
  authority	
  
and	
  resource	
  and	
  trusted	
  advisor	
  by	
  establishing	
  
your	
  reputa4on	
  as	
  a	
  generous	
  contributor	
  to	
  your	
  
industry.”	
  
THOUGHT LEADERSHIP IS A WAY OF BEING
- Brian Carroll Author of Lead Generation for the Complex Sale
“It’s not about trying to pontificate on how
great you are, or just trying to edify yourself.
In a lot of ways, it’s truly a way of being. It’s
something you can’t say about yourself…
it’s really what others say about you.”
THOUGHT LEADERSHIP IS (ALSO):
•  Possessing a genuinely
innovative insight into what
the consumer really wants
•  Not just being heard in
important debates but being
able to lead and shape
conversations by saying
something that matters
•  Not just appearing in leading
publications online and off, but
being seen as the go-to
source of opinion
•  Not just thinking and
expressing but integrating the
thought leadership into new
products
•  Not just marketing but
entering adjacent markets
Inspired by: http://ngethinktank.com/2011/07/09/the-growth-of-thought-leadership-as-a-marketing-strategy/
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
THOUGHT LEADERSHIP HAS MANY POSITIVE OUTCOMES…AND
STANDS UP TO TODAY’S TOUGH BUYING ENVIRONMENT
•  Coherency out of marketplace chaos
•  Diminished price resistance
•  Valid and credible value proposition
•  Self-qualified leads & opportunities
•  Shortened sales cycles
•  Initiates an ongoing market dialogue
•  Prospects experience your value before
buying
•  Gets buyers invested in your ideas before
purchasing
•  Growth in media placements & requests
•  Improves search engine find-ability
8
Customers Are Cutting Suppliers Out of
Their Learning...
Today’s customers are typically 57% of the way
through their purchase process before they
contact suppliers.
Marketing needs to be present where
customers are doing the bulk of their learning.
Source: Corporate Executive Board
•  There are two types of brand
leaders in a category: the market
leader and the thought leader.
•  The thought leader is the one that
everyone talks about
•  Thought leaders innovate through
their behavior
•  Thought leaders choose to break
some industry conventions,
while rooting themselves in
others
9
Source: Morgan, Adam. Eating the Big Fish. New York: John Wiley & Sons, 2009.
BECAUSE THOUGHT LEADERSHIP IS THE PATH TO
CHOOSE IF YOU’RE NOT THE MARKET LEADER
Representation
Medium
Product & Service
Experience
Product
Performance
Neighborhood &
Network
Relationship
Conventions
BECAUSE THOUGHT LEADERSHIP GETS THE
ATTENTION OF TODAY’S BUSINESS BUYER
•  9 of the top 11 effective ways of getting a business buyer’s
attention involve Thought Leadership Marketing
How would you rate the effectiveness of the following marketing vehicles in getting your attention?
Mean Rating (N~344)
Speech or presentation at a conference or trade show
Case studies describing successful customer solution implementations
Article in the business or trade press
Invitation to a Webinar, seminar, or workshop
Sporting or cultural event sponsorship
Online advertisement
Vendor's blog
TV or print advertisement
Phone call from a sales representative from the service firm
Email from a sales representative from the service firm
Direct mail brochure
Conference sponsorship
Electronic newsletter from the service firm
White paper offered on the Internet
Search engine hits when doing research or surfing the Web
Analyst firm recommendation (such as Gartner/IDC/Forrester)
Speech or presentation at a conference or trade show
Case studies describing successful customer solution implementations
Article in the business or trade press
Invitation to a Webinar, seminar, or workshop
Sporting or cultural event sponsorship
Online advertisement
Vendor's blog
TV or print advertisement
Phone call from a sales representative from the service firm
Email from a sales representative from the service firm
Direct mail brochure
Conference sponsorship
Electronic newsletter from the service firm
White paper offered on the Internet
Search engine hits when doing research or surfing the Web
Analyst firm recommendation (such as Gartner/IDC/Forrester)
2.0
2.2
2.3
2.3
2.3
2.3
2.5
2.8
2.9
3.1
3.2
3.3
3.4
3.4
3.7
3.7
Source: ITSMA, How Customers Choose Study, North America
þ
þ
þ
þ
þ
þ
þ
þ
þ
“Traditional approaches to B2B marketing are losing their impact.
Today, B2B marketers are turning to thought leadership marketing as a way to
differentiate their organization, products and services in an increasingly
competitive market.”
“Thought leadership marketing helps to position you as trusted advisor in your
industry.”
BECAUSE	
  THOUGHT	
  LEADERSHIP	
  WINS	
  THE	
  SALE	
  
Source: Economist Intelligence Unit
A Cahners Research study
of business-to-business
buyers shows that selling
professionals who become
trusted advisors and
understand the needs of
economic buyers are 69%
more likely to come away
with a sale.
BECAUSE MARKETING IS CONVERGING ON
THOUGHT LEADERSHIP & INSIGHT SELLING
BECAUSE OF THE GROWING CHORUS OF TLM ADVOCATES
•  The Gartner Group cites Thought
Leadership Marketing (TLM) as a major
business trend that was incubated in high
technology and consulting circles but is now
rapidly becoming an established field in
marketing and a basis of competitive
differentiation.
•  The Economist Intelligence unit identified
Thought Leadership Marketing as a top
“Megatrend” in B2B marketing. B2B
marketers view “positioning the business as
a thought leader in the industry” and
“standing out from the competition” as top
challenges.
•  A recent analysis by the Corporate
Executive Board shows that high value
customers like business clients, wealthy
individuals or chief financial officers are
increasingly demand education and advice
as part of the sales experience.
•  Forrester Research also has ongoing
thought leadership research projects.
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
THOUGHT	
  LEADERS	
  ATTAIN	
  THEIR	
  STATUS	
  IN	
  THE	
  MARKET	
  
–	
  ONE	
  CANNOT	
  SIMPLY	
  CLAIM	
  THOUGHT	
  LEADERSHIP	
  
“Thought	
  leadership	
  is	
  the	
  recogni4on	
  from	
  the	
  outside	
  world	
  that	
  the	
  
company	
  deeply	
  understands	
  its	
  business,	
  the	
  needs	
  of	
  its	
  customers	
  and	
  the	
  
broader	
  marketplace	
  in	
  which	
  it	
  operates.”	
   Elise Bauer
Thought
Leadership
Intellectual
Capital &
Content
Thought
Leadership
Execution
Resonance
Industry
Recognition
Followership
of Ideas
Movement of
Ideas in the
Marketplace
INDIVIDUAL THOUGHT LEADERS RISE ABOVE
THEIR PEERS ON THEIR UNIQUE POINT OF VIEW
Competence, purpose
and core market
understanding inform the
point of view & thought
leadership platform.
Thought leaders
outshine their
competitors who
compete on price and
advertising.
Strategic use of TLM
tools and channels with
media collaboration
garner your share voice
in the industry and
spark the industry
dialogue around your
ideas.
As buyers seek out
more real market
dialogue, SOV is an
increasingly important
factor contributing to
marketplace success.
Thought leaders and
trusted advisors occupy
the greatest share of mind
among business buyers.
Share of mind predicts
share of market.
Thought Leadership
Marketing steadily
increases your SOM
with buyers, growing
your share of market.
HIDDEN TALENT VISIBLE EXPERT
THOUGHT	
  LEADERS	
  DEVELOP…	
  A	
  THOUGHT	
  
LEADER’S	
  MINDSET	
  
Love what they do
Have the drive to teach
Reach out & communicate
Take risks with messaging
Balance confidence & curiosity
Put in the time today
Persistent presence
Everyone is in Marketing
Source: RainToday.com Report on Thought Leadership
Thought
Leadership
Opportunity
THOUGHT LEADERS RECOGNIZE OPPORTUNITY IN
THEIR INDUSTRY
Gap in the
Conversation
•  Customers
•  First-mover
•  Economic
Prediction Opportunity
•  Where is the market going?
•  What weaknesses exist?
•  Shape and shift the dialogue
Significant
Industry Shift
•  Trends
•  Competitors
•  Technology
•  Counter-cycle
Window of
Opportunity
•  Legislation
•  First-mover
•  Economic
THOUGHT LEADERS DEVELOP AND CURATE A UNIQUE
POINT OF VIEW
Source: The Bloom Group’s 2006 survey, Attaining Thought Leadership
Point of
View
Novelty
Develop a
unique problem
diagnosis
Relevance
Meet a specific
market need
Validity
Provide a
solution that is
proven
effective
Practicality
Demonstrate
implement-
ation
Focus
Develop a
single,
fundamental
message
Rigor
Deliver your
TL with tight,
consistent logic
Clarity
Language that
resonates with
the target
By "point of view," we mean
demonstrating uncanny insights on a
business problem in the world—its
impact on companies, what’s driving it,
why conventional approaches to solving
it fall short.
Even more important, a point of view must
explain how to solve the problem at hand, with
real examples that substantiate the solution.
- Bob Buday, The Bloom Group
DEVELOP A SINGLE FOCUSED MESSAGE
•  Born of customer-inspired insight.
•  A strong point of view must have a single,
overriding message that can be stated in one or
two sentences.
•  All explanation and evidence should reinforce the
main message.
•  The message should be clear, specific, and
intriguing, because of its relevancy and novelty.
•  It should deliver one or more of the following:
–  a new way of thinking about an issue,
–  a new solution to an emerging or existing
problem,
–  a new insight into a trend or phenomenon,
–  a new set of experiences that reinforce or
contradict conventional thinking or practice.
EXPRESS A NOVEL PROBLEM DIAGNOSIS
•  A point of view must be unique and break new
ground.
•  To ensure that their ideas are novel, a firm must
be thoroughly aware of other points of view on
the topic, both those in business and academia.
•  A novel point of view can address a topic that
has been addressed by others (e.g., Sarbanes-
Oxley, organizational change management,
labor negotiations)—but only if it sheds new
light on the nature of the problem and/or the
solution.
•  A new “label” applied to a previously stated
problem or solution, new case example of an
existing issue, or new statistics underscoring an
oft-discussed challenge do not make a point of
view novel.
EXPRESS A SOLUTION WHICH RESONATES WITH
RELEVANCE TO YOUR TARGET AUDIENCE
•  A point of view must meet a critical and
specific market need.
•  It must demonstrate a “case for action.”
•  The target client must believe they share
the problem and that they have to take
action now.
•  If a target audience is unaware of a
problem that a firm discusses, the firm
must provide solid evidence that the
problem exists.
•  This requires real-life examples, statistics
that point to an inescapable trend.
PUBLISH CONCEPTS THAT ARE PROVEN
AND VALID
•  A firm’s solution must be supported with
strong evidence of how the solution works
and where it has been used.
•  This proof must take the form of case
studies of organizations that are willing to go
public and will vouch for the efficacy of the
solution.
•  If a point of view’s validity cannot be proven
conclusively, it is just an interesting theory.
DEMONSTRATE THE PRACTICALITY OF YOUR IDEAS
•  A firm must demonstrate that its solution can be
implemented.
•  The point of view must outline and detail the
approach, and must demonstrate that the firm
knows the biggest barriers to implementing its
approach and how to resolve them.
A firm must guard against communicating
blatantly that its target clients need outside help
to adopt the solution.
•  The difficulty of the problem and the solution—
and the insights and experience the firm
demonstrates through its point of view—should
make it clear to the target audience that it needs
assistance.
CRAFT YOUR SOLUTION WITH RIGOR AND
LOGIC
•  A point of view must have tight, consistent logic
throughout.
•  Assertions must follow from previous assertions,
and must be grounded in fact and be defendable.
•  The logic of the argument must follow the form of
problem/solution.
•  Logic “gaps”— assumptions made by the content
experts that may not be held by the target
audience—must be filled.
DELIVER YOUR POINT OF VIEW WITH
ABSOLUTE CLARITY
•  A point of view must be communicated in
language and concepts that the target
audience understands—not the firm’s
language and vernacular.
•  A point of view can be communicated in a
compelling way through the use of such
writing devices as analogies, metaphors,
anecdotal leads, and hypothetical examples.
•  The structure of the point of view should be:
–  statement of problem;
–  brief statement of solution and benefits of
solution;
–  elaboration of problem;
–  elaboration of solution (with examples);
–  challenges to implementing the solution;
and
–  summary/case for taking action now.
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
THOUGHT LEADERSHIP MARKETER:
MIRON CONSTRUCTION
THOUGHT LEADERSHIP MARKETER:
PHEEDO
•  Start the conversation & set the tone
for a new industry
•  First to market with data &
expectations
•  Built on blogging & community
•  Strong media & speaking presence
•  Over 50% of growth attributed to TLM
activities
THOUGHT LEADERSHIP CATALYST:
THE PHEEDO PHEED READ REPORT
•  Created	
  “industry	
  first”	
  data,	
  reports	
  and	
  
research	
  
•  Generated	
  over	
  2000	
  media	
  men:ons,	
  20	
  
analyst	
  calls,	
  70	
  speaking	
  engagements	
  
and	
  over	
  $1M	
  in	
  new	
  business	
  
•  Thought	
  leadership	
  posi:on	
  is	
  s:ll	
  
unmatched	
  by	
  compe:tors	
  today	
  
•  Secured	
  stories	
  in	
  WSJ,	
  NY	
  Times,	
  Ad	
  
Week,	
  Ad	
  Age,	
  Business	
  2.0,	
  and	
  over	
  25	
  
other	
  major	
  press	
  hits	
  in	
  just	
  2	
  mos.	
  
THOUGHT LEADERSHIP PLAN:
PHEEDO
THOUGHT LEADERSHIP MARKETER:
LIFEMEETSWORK.COM
•  Startup company successfully
launched using thought leadership
principles
•  Executed full 12 month social media
& thought leadership plan
•  Chosen by Deloitte and Sara Lee to
lead a Flex Work roundtable
session & research project
LIFE MEETS WORK
WORK/LIFE ISSUES RESEARCH REPORT
•  Take	
  a	
  thought	
  leadership	
  posi:on	
  during	
  
Na4onal	
  Work	
  &	
  Family	
  Month	
  
•  Industry	
  wide	
  survey	
  that	
  reached	
  the	
  top	
  work-­‐
life	
  Fortune	
  500	
  leaders	
  
•  Used	
  to	
  influence	
  pending	
  work/life	
  legisla:on	
  
(gathered	
  support	
  from	
  direct	
  compe:tors)	
  
•  Garnered	
  over	
  100	
  media	
  men:ons	
  	
  
•  Generated	
  over	
  140	
  new	
  leads	
  for	
  LMW	
  services	
  
Thought	
  Leadership	
  Toolkit	
  
ü Research	
  survey	
  
ü Whitepaper	
  
ü Media	
  rela:ons	
  
ü Blogger	
  rela:ons	
  
ü Webinar	
  
ü Lead	
  follow-­‐up	
  and	
  nurturing	
  	
  
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
PUBLISH CONTENT IN MANY FORMS
CONTENT
THAT
WORKS!
FINDING CONTENT THAT WORKS – THE CHALLENGE
THAT PLAGUES ALL THOUGHT LEADERSHIP EFFORTS
36
x
What your brand
can say to move
consumers
closer
What
consumers want
to hear from
your brand
BRANDS THAT HAVE NOT
GIVEN PEOPLE A REASON
TO CARE IN THE REAL
WORLD CANNOT DO SO
ONLINE
71% OF MILLENNIALS
WOULD RATHER GO
TO THE DENTIST
THAN LISTEN TO
WHAT THEIR BANKS
ARE SAYING.
– SCRATCH/VIACOM, 3/14
§  Awareness
§  Consideration
§  Purchase Intent
§  Purchase
§  Inbound Traffic
DIFFERENTIATION
CATEGORY
USE THE THOUGHT LEADER’S TOOLKIT
GET YOUR ENTIRE ORGANIZATION INVOLVED IN
CONTENT CREATION
•  Content has emerged as the centerpiece of most companies’ customer engagement efforts
•  Due to the rise of lead nurturing programs, blogging and social media, search optimization,
emphasis on providing richer user experiences, and consultative selling methodologies
•  “Content still seems to be everyone’s job and no one’s job.”
38
USE YOUR COMPLETE, CORRECT AND ACTIVE
LINKEDIN PROFILE
1
2
3
4
5
AN EFFECTIVE LINKEDIN MARKETING APPROACH BEGINS
WITH USEFUL AND SHAREABLE NATIVE CONTENT
40
Recommended
LinkedIn Content
•  Articles
•  Blogs/micro-blogs
•  Case studies
•  Links to digital videos
•  E-newsletters (link to)
•  Illustrations and graphics
•  Industry events/trade shows
•  Infographics
•  Product demonstrations
•  Slide decks/presentations
•  Soundbites/comments in social
media
•  Web copy (core and microsites)
•  Web-based tools/applications
•  Webinars
•  White papers/research reports/
e-books
Content	
  must	
  match	
  the	
  context:	
  keep	
  it	
  professional,	
  
helpful,	
  and	
  aspiraOonal.	
  
Display Ads
(3 sizes)
Text Ads
Company Updates
Develop a content calendar to share your best content
Sponsored Updates
“Boost” your best content from the newsfeed
Direct Sponsored Content
Content that won’t show up on the company page, but
will show in target prospect news feeds
Links to YouTube Videos
* Video links play directly in the feed
www.marketingsavant.com
888.989.7771The MarketingSavant
CONNECT WITH THOUGHT FOLLOWERS
•  Track who is looking at your
profile, then research those
people and their companies
in more depth
•  Follow-up with a connection
request, phone call, e-mail
or InMail
SHARE ARTICLES FROM YOUR BLOG
•  Share with your LinkedIn connections
•  Email to your prospects and clients
•  Contribute to industry forums
•  Print out for your next client visit
CURATE INSIGHTS FROM INDUSTRY SOURCES
•  Use in status updates to LinkedIn
•  Send links to your network
•  Share in LinkedIn Groups
•  Share on other social media profiles
• WHAT IS THOUGHT LEADERSHIP MARKETING?
• WHY BECOME A THOUGHT LEADER?
• HOW DO WE BECOME A THOUGHT LEADER?
• HOW HAVE OTHERS USED THOUGHT LEADERSHIP?
• ACTIVATING THOUGHT LEADERSHIP
• THOUGHT LEADERSHIP SELF-ASSESSMENT
PRESENTATION ROADMAP
DOES YOUR THOUGHT LEADERSHIP EMBODY
BOLD ATTRIBUTES?
•  To assess the strength of your thought
leadership position, place a 1 in each box
that you feel you have achieved.
•  If you score below a 7, your thought
leadership efforts will not have the strength
to drive business and your brand.
•  Strengthen your position on the missing
attributes and rescore.
45Source: Forrester Research, Inc.
HAVE YOU CONSIDERED AN ONLINESS STATEMENT?
The Onliness Statement distinguishes your organization from every
other organization. It is a positioning statement that says what you do
and for whom, and what makes it unique.
Onliness Our brand is… Harley Davidson is…
What: The only (category) The only motorcycle manufacturer
How: that (differentiation
characteristic)
that makes big, loud motorcycles
Who: for (customer) for macho guys (and “macho
wannabes”)
Where: in (market geography) mostly in the US
Why: who (need state) who want to join a gang of cowboys
When: during (underlying trend) in an era of decreasing personal
freedom.
"OUR BRAND IS THE ONLY _____ THAT ______."
47
What: The only (category)
How: that (differentiation)
Who: for (customer)
Where: in (market/
geography)
Why: who (need state)
When: during (underlying
trend)
What:_________________
How:__________________
Who:__________________
Where:________________
Why:__________________
When:_________________
WANT TO LEARN MORE?
TRY THESE THOUGHT LEADERSHIP MARKETING RESOURCES
•  The Pyramid Principle, Barbara Minto
•  Get Slightly Famous, Steven Van Yoder
•  Sustainable Thought Leadership, Sari Aapola
•  Brand Stand, Craig Badings
•  Thoughts on Thought Leadership, Robert Buday and Bernie Thiel
•  Value Forward Marketing, Paul R. DiModica
•  The Challenger Sale, CEB
•  The Trusted Advisor, David Maister
•  How to Become a Thought Leader, RainToday.com
THANK YOU!
QUESTIONS?

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Thought Leadership: Positioning Yourself as an Expert in the Marketplace

  • 1. THOUGHT LEADERSHIP POSITIONING YOURSELF AS AN EXPERT IN THE MARKETPLACE DEC 17, 2014 Sheboygan County Chamber
  • 2. HI, I’M DANA VANDENHEUVEL ProfessionallyPersonally Socially /in/danavandenheuvel /dvandenheuvel /marketingsavant /vandda /danavan
  • 3. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 4. WHAT IS THOUGHT LEADERSHIP? RainToday.com “Thought  leadership  centers  on  earning  trust  and   credibility.  Thought  leaders  get  no4ced  by  offering   something  different—informa6on,  insights,  and   ideas  –  for  instance.  Thought  leadership  posi4ons   you  and  your  company  as  an  industry  authority   and  resource  and  trusted  advisor  by  establishing   your  reputa4on  as  a  generous  contributor  to  your   industry.”  
  • 5. THOUGHT LEADERSHIP IS A WAY OF BEING - Brian Carroll Author of Lead Generation for the Complex Sale “It’s not about trying to pontificate on how great you are, or just trying to edify yourself. In a lot of ways, it’s truly a way of being. It’s something you can’t say about yourself… it’s really what others say about you.”
  • 6. THOUGHT LEADERSHIP IS (ALSO): •  Possessing a genuinely innovative insight into what the consumer really wants •  Not just being heard in important debates but being able to lead and shape conversations by saying something that matters •  Not just appearing in leading publications online and off, but being seen as the go-to source of opinion •  Not just thinking and expressing but integrating the thought leadership into new products •  Not just marketing but entering adjacent markets Inspired by: http://ngethinktank.com/2011/07/09/the-growth-of-thought-leadership-as-a-marketing-strategy/
  • 7. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 8. THOUGHT LEADERSHIP HAS MANY POSITIVE OUTCOMES…AND STANDS UP TO TODAY’S TOUGH BUYING ENVIRONMENT •  Coherency out of marketplace chaos •  Diminished price resistance •  Valid and credible value proposition •  Self-qualified leads & opportunities •  Shortened sales cycles •  Initiates an ongoing market dialogue •  Prospects experience your value before buying •  Gets buyers invested in your ideas before purchasing •  Growth in media placements & requests •  Improves search engine find-ability 8 Customers Are Cutting Suppliers Out of Their Learning... Today’s customers are typically 57% of the way through their purchase process before they contact suppliers. Marketing needs to be present where customers are doing the bulk of their learning. Source: Corporate Executive Board
  • 9. •  There are two types of brand leaders in a category: the market leader and the thought leader. •  The thought leader is the one that everyone talks about •  Thought leaders innovate through their behavior •  Thought leaders choose to break some industry conventions, while rooting themselves in others 9 Source: Morgan, Adam. Eating the Big Fish. New York: John Wiley & Sons, 2009. BECAUSE THOUGHT LEADERSHIP IS THE PATH TO CHOOSE IF YOU’RE NOT THE MARKET LEADER Representation Medium Product & Service Experience Product Performance Neighborhood & Network Relationship Conventions
  • 10. BECAUSE THOUGHT LEADERSHIP GETS THE ATTENTION OF TODAY’S BUSINESS BUYER •  9 of the top 11 effective ways of getting a business buyer’s attention involve Thought Leadership Marketing How would you rate the effectiveness of the following marketing vehicles in getting your attention? Mean Rating (N~344) Speech or presentation at a conference or trade show Case studies describing successful customer solution implementations Article in the business or trade press Invitation to a Webinar, seminar, or workshop Sporting or cultural event sponsorship Online advertisement Vendor's blog TV or print advertisement Phone call from a sales representative from the service firm Email from a sales representative from the service firm Direct mail brochure Conference sponsorship Electronic newsletter from the service firm White paper offered on the Internet Search engine hits when doing research or surfing the Web Analyst firm recommendation (such as Gartner/IDC/Forrester) Speech or presentation at a conference or trade show Case studies describing successful customer solution implementations Article in the business or trade press Invitation to a Webinar, seminar, or workshop Sporting or cultural event sponsorship Online advertisement Vendor's blog TV or print advertisement Phone call from a sales representative from the service firm Email from a sales representative from the service firm Direct mail brochure Conference sponsorship Electronic newsletter from the service firm White paper offered on the Internet Search engine hits when doing research or surfing the Web Analyst firm recommendation (such as Gartner/IDC/Forrester) 2.0 2.2 2.3 2.3 2.3 2.3 2.5 2.8 2.9 3.1 3.2 3.3 3.4 3.4 3.7 3.7 Source: ITSMA, How Customers Choose Study, North America þ þ þ þ þ þ þ þ þ
  • 11. “Traditional approaches to B2B marketing are losing their impact. Today, B2B marketers are turning to thought leadership marketing as a way to differentiate their organization, products and services in an increasingly competitive market.” “Thought leadership marketing helps to position you as trusted advisor in your industry.” BECAUSE  THOUGHT  LEADERSHIP  WINS  THE  SALE   Source: Economist Intelligence Unit A Cahners Research study of business-to-business buyers shows that selling professionals who become trusted advisors and understand the needs of economic buyers are 69% more likely to come away with a sale.
  • 12. BECAUSE MARKETING IS CONVERGING ON THOUGHT LEADERSHIP & INSIGHT SELLING
  • 13. BECAUSE OF THE GROWING CHORUS OF TLM ADVOCATES •  The Gartner Group cites Thought Leadership Marketing (TLM) as a major business trend that was incubated in high technology and consulting circles but is now rapidly becoming an established field in marketing and a basis of competitive differentiation. •  The Economist Intelligence unit identified Thought Leadership Marketing as a top “Megatrend” in B2B marketing. B2B marketers view “positioning the business as a thought leader in the industry” and “standing out from the competition” as top challenges. •  A recent analysis by the Corporate Executive Board shows that high value customers like business clients, wealthy individuals or chief financial officers are increasingly demand education and advice as part of the sales experience. •  Forrester Research also has ongoing thought leadership research projects.
  • 14. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 15. THOUGHT  LEADERS  ATTAIN  THEIR  STATUS  IN  THE  MARKET   –  ONE  CANNOT  SIMPLY  CLAIM  THOUGHT  LEADERSHIP   “Thought  leadership  is  the  recogni4on  from  the  outside  world  that  the   company  deeply  understands  its  business,  the  needs  of  its  customers  and  the   broader  marketplace  in  which  it  operates.”   Elise Bauer Thought Leadership Intellectual Capital & Content Thought Leadership Execution Resonance Industry Recognition Followership of Ideas Movement of Ideas in the Marketplace
  • 16. INDIVIDUAL THOUGHT LEADERS RISE ABOVE THEIR PEERS ON THEIR UNIQUE POINT OF VIEW Competence, purpose and core market understanding inform the point of view & thought leadership platform. Thought leaders outshine their competitors who compete on price and advertising. Strategic use of TLM tools and channels with media collaboration garner your share voice in the industry and spark the industry dialogue around your ideas. As buyers seek out more real market dialogue, SOV is an increasingly important factor contributing to marketplace success. Thought leaders and trusted advisors occupy the greatest share of mind among business buyers. Share of mind predicts share of market. Thought Leadership Marketing steadily increases your SOM with buyers, growing your share of market. HIDDEN TALENT VISIBLE EXPERT
  • 17. THOUGHT  LEADERS  DEVELOP…  A  THOUGHT   LEADER’S  MINDSET   Love what they do Have the drive to teach Reach out & communicate Take risks with messaging Balance confidence & curiosity Put in the time today Persistent presence Everyone is in Marketing Source: RainToday.com Report on Thought Leadership
  • 18. Thought Leadership Opportunity THOUGHT LEADERS RECOGNIZE OPPORTUNITY IN THEIR INDUSTRY Gap in the Conversation •  Customers •  First-mover •  Economic Prediction Opportunity •  Where is the market going? •  What weaknesses exist? •  Shape and shift the dialogue Significant Industry Shift •  Trends •  Competitors •  Technology •  Counter-cycle Window of Opportunity •  Legislation •  First-mover •  Economic
  • 19. THOUGHT LEADERS DEVELOP AND CURATE A UNIQUE POINT OF VIEW Source: The Bloom Group’s 2006 survey, Attaining Thought Leadership Point of View Novelty Develop a unique problem diagnosis Relevance Meet a specific market need Validity Provide a solution that is proven effective Practicality Demonstrate implement- ation Focus Develop a single, fundamental message Rigor Deliver your TL with tight, consistent logic Clarity Language that resonates with the target By "point of view," we mean demonstrating uncanny insights on a business problem in the world—its impact on companies, what’s driving it, why conventional approaches to solving it fall short. Even more important, a point of view must explain how to solve the problem at hand, with real examples that substantiate the solution. - Bob Buday, The Bloom Group
  • 20. DEVELOP A SINGLE FOCUSED MESSAGE •  Born of customer-inspired insight. •  A strong point of view must have a single, overriding message that can be stated in one or two sentences. •  All explanation and evidence should reinforce the main message. •  The message should be clear, specific, and intriguing, because of its relevancy and novelty. •  It should deliver one or more of the following: –  a new way of thinking about an issue, –  a new solution to an emerging or existing problem, –  a new insight into a trend or phenomenon, –  a new set of experiences that reinforce or contradict conventional thinking or practice.
  • 21. EXPRESS A NOVEL PROBLEM DIAGNOSIS •  A point of view must be unique and break new ground. •  To ensure that their ideas are novel, a firm must be thoroughly aware of other points of view on the topic, both those in business and academia. •  A novel point of view can address a topic that has been addressed by others (e.g., Sarbanes- Oxley, organizational change management, labor negotiations)—but only if it sheds new light on the nature of the problem and/or the solution. •  A new “label” applied to a previously stated problem or solution, new case example of an existing issue, or new statistics underscoring an oft-discussed challenge do not make a point of view novel.
  • 22. EXPRESS A SOLUTION WHICH RESONATES WITH RELEVANCE TO YOUR TARGET AUDIENCE •  A point of view must meet a critical and specific market need. •  It must demonstrate a “case for action.” •  The target client must believe they share the problem and that they have to take action now. •  If a target audience is unaware of a problem that a firm discusses, the firm must provide solid evidence that the problem exists. •  This requires real-life examples, statistics that point to an inescapable trend.
  • 23. PUBLISH CONCEPTS THAT ARE PROVEN AND VALID •  A firm’s solution must be supported with strong evidence of how the solution works and where it has been used. •  This proof must take the form of case studies of organizations that are willing to go public and will vouch for the efficacy of the solution. •  If a point of view’s validity cannot be proven conclusively, it is just an interesting theory.
  • 24. DEMONSTRATE THE PRACTICALITY OF YOUR IDEAS •  A firm must demonstrate that its solution can be implemented. •  The point of view must outline and detail the approach, and must demonstrate that the firm knows the biggest barriers to implementing its approach and how to resolve them. A firm must guard against communicating blatantly that its target clients need outside help to adopt the solution. •  The difficulty of the problem and the solution— and the insights and experience the firm demonstrates through its point of view—should make it clear to the target audience that it needs assistance.
  • 25. CRAFT YOUR SOLUTION WITH RIGOR AND LOGIC •  A point of view must have tight, consistent logic throughout. •  Assertions must follow from previous assertions, and must be grounded in fact and be defendable. •  The logic of the argument must follow the form of problem/solution. •  Logic “gaps”— assumptions made by the content experts that may not be held by the target audience—must be filled.
  • 26. DELIVER YOUR POINT OF VIEW WITH ABSOLUTE CLARITY •  A point of view must be communicated in language and concepts that the target audience understands—not the firm’s language and vernacular. •  A point of view can be communicated in a compelling way through the use of such writing devices as analogies, metaphors, anecdotal leads, and hypothetical examples. •  The structure of the point of view should be: –  statement of problem; –  brief statement of solution and benefits of solution; –  elaboration of problem; –  elaboration of solution (with examples); –  challenges to implementing the solution; and –  summary/case for taking action now.
  • 27. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 29. THOUGHT LEADERSHIP MARKETER: PHEEDO •  Start the conversation & set the tone for a new industry •  First to market with data & expectations •  Built on blogging & community •  Strong media & speaking presence •  Over 50% of growth attributed to TLM activities
  • 30. THOUGHT LEADERSHIP CATALYST: THE PHEEDO PHEED READ REPORT •  Created  “industry  first”  data,  reports  and   research   •  Generated  over  2000  media  men:ons,  20   analyst  calls,  70  speaking  engagements   and  over  $1M  in  new  business   •  Thought  leadership  posi:on  is  s:ll   unmatched  by  compe:tors  today   •  Secured  stories  in  WSJ,  NY  Times,  Ad   Week,  Ad  Age,  Business  2.0,  and  over  25   other  major  press  hits  in  just  2  mos.  
  • 32. THOUGHT LEADERSHIP MARKETER: LIFEMEETSWORK.COM •  Startup company successfully launched using thought leadership principles •  Executed full 12 month social media & thought leadership plan •  Chosen by Deloitte and Sara Lee to lead a Flex Work roundtable session & research project
  • 33. LIFE MEETS WORK WORK/LIFE ISSUES RESEARCH REPORT •  Take  a  thought  leadership  posi:on  during   Na4onal  Work  &  Family  Month   •  Industry  wide  survey  that  reached  the  top  work-­‐ life  Fortune  500  leaders   •  Used  to  influence  pending  work/life  legisla:on   (gathered  support  from  direct  compe:tors)   •  Garnered  over  100  media  men:ons     •  Generated  over  140  new  leads  for  LMW  services   Thought  Leadership  Toolkit   ü Research  survey   ü Whitepaper   ü Media  rela:ons   ü Blogger  rela:ons   ü Webinar   ü Lead  follow-­‐up  and  nurturing    
  • 34. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 35. PUBLISH CONTENT IN MANY FORMS
  • 36. CONTENT THAT WORKS! FINDING CONTENT THAT WORKS – THE CHALLENGE THAT PLAGUES ALL THOUGHT LEADERSHIP EFFORTS 36 x What your brand can say to move consumers closer What consumers want to hear from your brand BRANDS THAT HAVE NOT GIVEN PEOPLE A REASON TO CARE IN THE REAL WORLD CANNOT DO SO ONLINE 71% OF MILLENNIALS WOULD RATHER GO TO THE DENTIST THAN LISTEN TO WHAT THEIR BANKS ARE SAYING. – SCRATCH/VIACOM, 3/14 §  Awareness §  Consideration §  Purchase Intent §  Purchase §  Inbound Traffic DIFFERENTIATION CATEGORY
  • 37. USE THE THOUGHT LEADER’S TOOLKIT
  • 38. GET YOUR ENTIRE ORGANIZATION INVOLVED IN CONTENT CREATION •  Content has emerged as the centerpiece of most companies’ customer engagement efforts •  Due to the rise of lead nurturing programs, blogging and social media, search optimization, emphasis on providing richer user experiences, and consultative selling methodologies •  “Content still seems to be everyone’s job and no one’s job.” 38
  • 39. USE YOUR COMPLETE, CORRECT AND ACTIVE LINKEDIN PROFILE 1 2 3 4 5
  • 40. AN EFFECTIVE LINKEDIN MARKETING APPROACH BEGINS WITH USEFUL AND SHAREABLE NATIVE CONTENT 40 Recommended LinkedIn Content •  Articles •  Blogs/micro-blogs •  Case studies •  Links to digital videos •  E-newsletters (link to) •  Illustrations and graphics •  Industry events/trade shows •  Infographics •  Product demonstrations •  Slide decks/presentations •  Soundbites/comments in social media •  Web copy (core and microsites) •  Web-based tools/applications •  Webinars •  White papers/research reports/ e-books Content  must  match  the  context:  keep  it  professional,   helpful,  and  aspiraOonal.   Display Ads (3 sizes) Text Ads Company Updates Develop a content calendar to share your best content Sponsored Updates “Boost” your best content from the newsfeed Direct Sponsored Content Content that won’t show up on the company page, but will show in target prospect news feeds Links to YouTube Videos * Video links play directly in the feed
  • 41. www.marketingsavant.com 888.989.7771The MarketingSavant CONNECT WITH THOUGHT FOLLOWERS •  Track who is looking at your profile, then research those people and their companies in more depth •  Follow-up with a connection request, phone call, e-mail or InMail
  • 42. SHARE ARTICLES FROM YOUR BLOG •  Share with your LinkedIn connections •  Email to your prospects and clients •  Contribute to industry forums •  Print out for your next client visit
  • 43. CURATE INSIGHTS FROM INDUSTRY SOURCES •  Use in status updates to LinkedIn •  Send links to your network •  Share in LinkedIn Groups •  Share on other social media profiles
  • 44. • WHAT IS THOUGHT LEADERSHIP MARKETING? • WHY BECOME A THOUGHT LEADER? • HOW DO WE BECOME A THOUGHT LEADER? • HOW HAVE OTHERS USED THOUGHT LEADERSHIP? • ACTIVATING THOUGHT LEADERSHIP • THOUGHT LEADERSHIP SELF-ASSESSMENT PRESENTATION ROADMAP
  • 45. DOES YOUR THOUGHT LEADERSHIP EMBODY BOLD ATTRIBUTES? •  To assess the strength of your thought leadership position, place a 1 in each box that you feel you have achieved. •  If you score below a 7, your thought leadership efforts will not have the strength to drive business and your brand. •  Strengthen your position on the missing attributes and rescore. 45Source: Forrester Research, Inc.
  • 46. HAVE YOU CONSIDERED AN ONLINESS STATEMENT? The Onliness Statement distinguishes your organization from every other organization. It is a positioning statement that says what you do and for whom, and what makes it unique. Onliness Our brand is… Harley Davidson is… What: The only (category) The only motorcycle manufacturer How: that (differentiation characteristic) that makes big, loud motorcycles Who: for (customer) for macho guys (and “macho wannabes”) Where: in (market geography) mostly in the US Why: who (need state) who want to join a gang of cowboys When: during (underlying trend) in an era of decreasing personal freedom.
  • 47. "OUR BRAND IS THE ONLY _____ THAT ______." 47 What: The only (category) How: that (differentiation) Who: for (customer) Where: in (market/ geography) Why: who (need state) When: during (underlying trend) What:_________________ How:__________________ Who:__________________ Where:________________ Why:__________________ When:_________________
  • 48. WANT TO LEARN MORE? TRY THESE THOUGHT LEADERSHIP MARKETING RESOURCES •  The Pyramid Principle, Barbara Minto •  Get Slightly Famous, Steven Van Yoder •  Sustainable Thought Leadership, Sari Aapola •  Brand Stand, Craig Badings •  Thoughts on Thought Leadership, Robert Buday and Bernie Thiel •  Value Forward Marketing, Paul R. DiModica •  The Challenger Sale, CEB •  The Trusted Advisor, David Maister •  How to Become a Thought Leader, RainToday.com