Forrester’s recent research (’How Managing Leads Pays Off In A Stronger, More Qualified Pipeline‘ – registration required) makes for interesting reading. Sponsored by marketing technology vendor Silverpop, the research is based on interviews with 15 senior B2B marketers in the US.

The interviewees paint a consistent and compelling picture of what lead management can deliver:

• Healthier pipelines (both better qualified and higher in volume as more leads are nurtured through to opportunities)
• More accountable marketing (consistently planned, measuring the right things and drawing out valuable intelligence)
• Greater efficiencies (more re-use of content, smarter contact strategies, less blanket comms)
• More appropriate communications (a better experience for customers and prospects)

What’s particularly refreshing (for a paper sponsored by a technology provider) is how much emphasis is given to getting the lead management and content creation process right before selecting the technology platform to use.

It’s exactly as we’ve seen across long term lead nurturing and relationship programmes – the technology is essential (whether that’s Salesforce or Siebel, Eloqua or Silverpop or even just Excel) but there are so many other factors that need to be considered first:

• Building the necessary alignment with sales
• Setting valid goals and designing the overall process
• Understanding the audience (to reach them, meet their needs, and score them)
• Creating the content that will make a difference to the audience
• Designing the campaign components to distribute the content (and mapping these into communication flows that take contacts on the right journey)
• Defining how issues like data quality and sales handover (in both directions) will be managed in the ongoing programme

After all of these (and there are several useful models to consider in the report), comes the right technology solution. There’s rarely just a single answer – far more often it comes down to the ability to integrate different platforms to make the desired process possible.

One major element that the report begins to highlight is the importance of the human factor. In our experience, there are very few processes that can be fully automated – this is where the ideal lead management process needs to account for things like efficiently handling inbound responses and making the most of opportunities for personal interaction like initial sales workshops. Above all,  it demands a new skill-set from B2B marketers to conceive, deliver and operate a lead management process.

Smurfs may be great gardeners, but would they make it in B2B marketing? With this whole ’spot the difference’ idea, they’ve clearly bought into the common marketing principle of ‘differentiate or die’. But is that just qualifying them out of potential deals?

[/end tenuous Smurf analogy/]

I’m worried that many people (me included, too often) put too much faith in the ‘differentiate or die’ message. It can lead us to try and create USPs at a point in the sales cycle when we should be concentrating on answering customer needs. Just because competitors also answer these needs, doesn’t necessarily mean we can’t talk about it too.

Take an example: let’s say there are lots of companies acknowledging a need for your kind of solution (some in the sweet spot where you really do have better features than the competition) – but there are two or three big names always getting on the shortlist for the RFP.

Now, do you really need marketing to differentiate yourself from the big three? Or is the issue actually that people see them as exactly placed to answer their needs and perceive you as too different already (or don’t see you at all)?

Perhaps there’s an argument that marketing up to the point of the RFP should be all about ‘me too’ – we have a great client list (like them), we have delivered great results (like them), we have features x,y,z (like them)…

The chances are that knowledge of what one of the big competitors can do is already helping the prospect to shape their RFP  – so the only thing you’re going to achieve with differentiation is to discount yourself from the deal. This obviously isn’t a hard and fast rule (and would I imagine vary according to market and product maturity), but should be food for thought before we jump to look for a USP to market around rather than a clear customer need.

Of course, if the competition is bigger than you, then you will need one kind of differentiation – not necessarily to do with what you say, but all to do with how/where you say it. They’ll own various saturated marketing channels (think Google AdWords, tradeshows/exhibitions, industry publications, analyst activity…) – but it’s your opportunity to get smart and targeted with your direct communications to really deliver that ‘me too’ message in a way that gets ‘me too’ onto the shortlist…

And once you’re on that shortlist and having your sales meetings – that’s the time to really stick it to the competition (and your sales team need all the support they can get to highlight the places where your product/service differentiators meet the pain points of the prospect).

But start the differentiation too soon and you’ll end up needing to create a whole new market before anyone will buy from you (which is a great challenge to have, if you’re up for the fight!).

So, anyway, have you spotted the 5 differences in the smurf picture? Go here to see if you got it right!

The Marketing Practice is six years old today. It’s really important to celebrate such milestones, so we had a birthday party. After much cake and champagne, many balloons, cards, party bags and a pick and mix bar featuring flying saucers and flumps we’re all off home with sugar shock.

As well as thinking proudly about what a talented group of people we have here, we’ve been reflecting on the past 6 years’ marketing campaigns today. We’ve run literally thousands of B2B campaigns over the last 624 weeks. Whilst communication channels and industry buzzwords come and go the fundamentals of great campaigning haven’t changed.

One-off, knee-jerk campaigns run in response to an immediate derth of sales leads never prove as successful as a considered, long-term approach. You are building a lifelong relationship with people and companies, it can’t be done in a matter of days or weeks. 

Building a reputation is a bit like making a friend for life – it take time and it can’t be rushed. Relationship programmes like Fujitsu’s Executive Discussion Evenings are a great example of a far-sighted flagship campaign designed to generate sales opportunities today, and create an easier selling environment tomorrow.

This week the Radio 4 programme Word of Mouth (which explores words and the way they are used) explored the language of the medical profession. During a debate, one commentator made the point that doctors tend not to mix outside a medical setting, and that this affected their use of language.

He went on to quote a scientific study which showed that medical students communicated better when they entered medical school than when they left it.

The commentator said that whilst the students showed empathy and common sense at the beginning of medical school, at the end they based judgements purely on their skills and disease knowledge.

I wondered whether the same sometimes happens to us B2B marketers.

I think we sometimes become so wrapped up in the language and the process of marketing that we forget about what really matters – the living, breathing person we are trying to influence. The person that’s right now sitting in their office, creating a presentation, rushing to catch the train, searching for information on the web.  And above all, the person looking for ways to achieve their goals.

Whilst the “B” in B2B is important, we can get all too focused on industries and accounts. Too often we forget that empathy individuals is what creates marketing that actually works.

A colleague forwarded me this link earlier today – Surviving an ERP Implementation: Notes from the Field. It’s a great example of content delivered in a “warts and all” way. It reads like a personal diary, and as a result we’re compelled to read on.

In response to this email, another colleague responded, “The chap makes it easy to digest – it doesn’t feel like work. That’s critical for longer content pieces particularly, and where most white papers and case studies let themselves down in our industry. How many people can claim to have actually read an entire Gartner or Forrester white paper?”

By introducing an element of personal story this vehicle is extremely successful at delivering its messages. We want to know what happened, we want to understand the mistakes that were made, we can empathise with the writer.

Food for thought in developing new vehicles for delivering lengthy B2B content.

…but I feel fine. Yes, tomorrow morning at 9:30am local time the Large Hadron Collider (LHC) at CERN will turn on. Shortly after 10:00, the first micro black hole with have appeared. Within two minutes, it will be visible to the human eye and by 10:15 the Earth will be no more.

Or not, as the case may be.

For too many very complex reasons, Chris (who works with me and has a physics degree) can confidently predict we’ll still be here at 10:30 (and if we’re not, shoot me. Or better still, shoot Chris).

What I’ve been thinking about this week, though, is how such a complex and potentially esoteric science experiment, three decades in the making, has captured the public’s imagination. The entire world has a film crew in there and Google returns more than 12m pages on LHC alone.

The answer lies in the first couple of lines of this post – it’s all about the story. The idea that the LHC might evaporate the planet in a single star-trek-esque moment has, understandably, got legs.

But it’s the facts and figures about the LHC that also grab attention. It’s so big it spans two European countries, just 1/8th of it qualifies as the world’s largest fridge, it will generate temperatures 100,000 times hotter than the centre of the sun and it houses the world’s most powerful supercomputer.

The really important stuff – like the fact that it will recreate the moments after the Big Bang, and that it may reveal where the universe is headed, that science and advancement as vital for us as people – are filtering through on the back of the statistics and “will it, won’t it” drama. The ultimate message is getting across, but the vehicle for the ultimate message is a handful of stories with the common touch.

We are compelled to find out more, and in doing so we learn a bit about what LHC is actually for.

I am in wholehearted agreement with FutureLab’s recent blog post on the power of the story in marketing. Stories and anecdotes stand out in our minds: we remember presentations that are heavily anecdote-based, we gravitate towards people who can spin a good yarn. Companies who have a good story to tell engage us – those who involve us in their stories keep us loyal.

The problem comes for B2B marketers when we try to create viral campaigns or marketing creative to take our message out in the marketplace, rather than trying harder to understand what the story is – what’s genuinely interesting about us and what will actually travel.

And you don’t have to threaten to blow up the world to do it. Take Rackspace – a B2B company. It’s spun great stories around the way it delivers something that other companies take for granted – customer service. It’s given it a name “Fanatical Support”, it’s involved customers (and very importantly staff) in delivering its pledge. Customers feel a vested interest – they are part of the story as they are experiencing and can talk about the great support they get. Rackspace has realised that the message (our servers are up all the time) isn’t what buyers really want, (and isn’t even something they believe to be true.) Buyers want Rackspace to jump to it when something does go wrong, because they know something eventually will. And that simple message, backed up by a super service organisation, has really travelled.

What travels helps people tell stories, helps them do their jobs better, helps make them interesting to have a beer with. The key is finding something that travels for all the right reasons.

So we can learn all something from LHC. And, of course, if I’m proved wrong about tomorrow, at least I won’t know about it…

Locking horns with the CFO or CEO over B2B marketing budgets? Here are 9 ways to argue a strong case.

Plus – struggling with where to start or how to put the budget together in the first place? We’ve collated the most useful starting points from our own desk research. Download it here – Marketing Investment – Resources Sheet.

1. Start by completely aligning your proposed marketing plan with the business plan – draw a straight line between what the company wants to achieve and what you are planning to do. Explain in detail exactly how it will contribute. Have the company’s stated strategic plan with you on the day.
2. Measure what matters, not what’s easy – use metrics that the CEO and CFO will genuinely care about. Pipeline, lead generation, increased revenue from existing accounts and new business. You will be measuring a lot of other things too, but these are the numbers they want to understand your contribution to.
3. Use the right language – talk about investment rather than spend. Argue a solid business case. Focus on short term ROMI (sales leads for today) and longer term ROMI (an easier selling environment for tomorrow). Explain for each budget line what you are targeting the return on investment to be and why.
4. Help the CFO achieve his/her ends – suggest that the marketing spend be amortised as the benefit is realised. We’ve also seen a number of companies who account for their marketing spend only when they see the actual benefit from the campaign (typically when the deliverables hit).
5. Use standard sales terminology – map your programmes against the sales funnel, visually if possible, showing how your plans will contribute to driving prospects through that funnel.
6. Get the sales director behind you – if you’re already delivering leads, use this to support your case. If not, make a start on sales-approved programmes and use the sales director to support your case before the meeting.
7. Don’t forget to map against profitability targets as well as revenue targets. Demonstrate how your programmes will increase average sale per customer, keep customers loyal for longer or retain more of them.
8. The CFO can’t argue with what the customer is saying. Poll your customer and prospect base about what they want and expect from you marketing-wise. Take visuals in with you to demonstrate what is needed. See my recent post on how CIOs like to be marketed to as an example of the kind of first-hand information you can use to back up your case.
9. Remember to sell the plan just as hard as you explain it. Enthusiasm is infectious.

Keeping up with the rapid changes in IT world and B2B at the same time is a big challenge. But many successful lead generation campaigns owe much to their timing. So for those interested in producing great marketing to generate leads at an enterprise level, it’s key to have access to the latest thinking on B2B as well as the latest news on IT. Here’s a manageable list of some of the best blogs around for keeping posted on both.

I’d recommend pulling all these and other favourite resources onto your desktop using a free RSS reader like NewsGator.

The FT’s Tech blog http://Blogs.ft.com/techblog
Computer Weekly’s Making IT Happen blog
http://www.computerweekly.com/blogs/cio-making-it-happen-blog/
Paul Dunay’s blog http://buzzmarketingfortech.blogspot.com
Brian Carroll’s blog http://blog.startwithalead.com/
Chris Brogan’s blog http://www.chrisbrogan.com
The Enterprise Irreguars Blog www.enterpriseirregulars.com
Forrester’s Marketing blog http://blogs.forrester.com/marketing/
The Marketing Pilgrim blog http://www.marketingpilgrim.com/
David Meerman Scott’s blog http://www.webinknow.com/
Micropersuasion blog http://www.micropersuasion.com
Nicholas Carr’s blog http://www.roughtype.com
The B2B International blog http://b2binternational.com/b2b-blog/

Today Google launched Chrome, its new beta browser. Chrome is designed specifically to run applications rather than just display pages. As such, it’s ideal for running SaaS applications such as salesforce.com, sugar crm, SAP BusinessByDesign, Oracle CRM OnDemand etc.

Nicholas G Carr on his blog today argues that “the real goal of Chrome, embedded in [its] open-source code, is to upgrade the capabilities of all browsers so that they can better support (and eventually disappear behind) the applications.” The web as a computing platform continues its relentless march.

As SaaS gains increasing popularity, the way businesses are buying applications is changing. SaaS apps are proving easier and quicker to buy. The average business unit head is very comfortable with the web – it doesn’t hold the fear and pain of “going through IT” to get something done. If you can sign up for FT.com to get your news with the company credit card – why not a CRM tool too?

But the fact/illusion that you can simply “sign up over the internet” is having real impact on the decision-making cycles B2B marketers are used to. Sales cycles are shorter, traditional due diligence is being shortcut. Many more decisions are being made on the basis of politics, ambition, emotion and frustration. Often IT is being left out of SaaS purchase processes entirely.

Nick Booth’s article last week for Computer Weekly highlights a study by Gartner research which showed that 75% of all SaaS is bought by business unit managers, rather than IT managers. Gartner warns CIOs to get involved in the decision-making, saying: “It’s happening in your organisation anyway, whether you like it or not.”

All this adds up to interesting times ahead for B2B marketers. If browser technology is evolving to make applications easier to run and access to the latest software is a click away, what does that mean for our marketing efforts? Should we look to the publishing world or the gaming world for models? Is the SaaS subscriber model bringing a “throwaway” culture to organisational IT buying?

IT decision-making power is shifting rapidly, and the perception of organisational IT is changing with it. Take a good look at what it means for your programmes.

I recently interviewed the marketing director at one of the UK’s largest systems integrators about her views on the marketing she receives. Her “most memorable” was a mailing containing a box of tissues and the headline “crying into your sales forecast?”.

She couldn’t remember who sent it, why, or what they were selling. She recalled it – for all the wrong reasons – and no-one got an appointment or a sale out of it.

These attention-grabbing techniques are often agency-inspired. They happen when agencies can’t or don’t understand the proposition. ”But it got a 57% recall rate” shrieks the agency. “Yes, but did it generate any leads?” we should ask! The recipient is a real person with real challenges. They want information to help them do their jobs better, not balloons, trowels or tissues.

The same is even truer online. People vote with their feet. If the content is interesting and useful, it grows legs. If it doesn’t, it dies.

A derth of good, relevant, valuable and honest content has been the B2B marketing world’s challenge for decades. For years buyers have been asking for “warts and all” stories but few companies have the stomach to provide them. (It’s why shows like Top Gear are so successful in B2C – they tell it like it is with a strong opinion and bags of personality.) But is a change on the horizon for B2B? Is the web 2.0 phenomenon finally forcing B2B marketers to change their ways?

Consider whether you would rather read a private diary from someone actually using the multi-million pound software product you are considering purchasing, or a corporate brochure describing its features? The brochure will probably be skimmed through but you can imagine the diary getting read thoroughly. As increased truth and interaction is being demanded by web 2.0, a new era is dawning for B2B marcomms functions.

Going from decades of broadcasting brochureware to something more akin to crafting diaries and narratives (and being prepared for a good amount of criticism along the way) is going to require quite a shift for the traditional B2B marketing department.

The upside is war stories, honesty, interest, more pull-able and usable content. It’s what buyers have been screaming for. The trade-off is less editorial control and a necessity that the content-generators themeselves are better informed and involved in their products’ or services’ world.