10 years, 10,000 campaigns: B2B marketing strategies that really drive sales

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Can Marketing ‘go native’ too?

July 7, 2010 Categories: Marketing MIT

James Gardner, CTO at DWP, is writing an e-book about what the enterprise sales process looks like from the buyer’s point of view. (The chapter on Tricks Vendors Play to get a first foot in the door promises to be particularly interesting…)

A recent extract posted on his blog talks about the tell-tale signs of a ‘gone native Account Director‘ (an Account Director who feels they work for the client organisation rather than their own, is building a true partnership with their customer, and is embarrassed by any overt attempts to sell to the client because they believe the client will bring opportunities to them rather than the other way round).

Now I’m putting words into James’ mouth here, but he seems to be saying that going native is a good thing for an Account Director – and ultimately for the sales operation they work in – because a true partner will end up with more (or better quality) business than they would have done through hard selling.

I would suggest that Marketing needs to think about the same principles too. We know for a fact that the campaigns we run work best when they “don’t feel like marketing” to the end audience – that’s a key principle of course for social media and it’s always been valid in real life too. But it’s very difficult to achieve, and only possible I would argue if you start from

  • a real interest in the issues of the marketplace;
  • combined with a deep belief that things could be better for that marketplace if they thought more about what you have to offer;
  • and an interest/affinity for the people you believe you can help.

Those are the defining beliefs of pretty much all the best marketers I know. Start from anywhere else, and the sales objectives you’re trying to support will be blatantly obvious – to such an extent that they will switch off the audience. So much so that I find myself getting embarrassed when I see examples of marketing that add nothing to a bare sales message, or are obviously trying to promote a course of action that will result in a sale. (I’ll pick out some examples of this from advertising in this month’s Harvard Business Review in an upcoming post.)

Now this isn’t to say that Marketing shouldn’t be about supporting sales objectives – if it isn’t helping to sell today or creating a better sales environment for tomorrow, then it doesn’t have any reason to exist. But the point is that – for the ‘gone-native Marketer’ – successfully driving sales is inextricably tied to the belief that their product/service can make the world a better place, a desire to find opportunities to make this happen, and a deep interest in the people whose world they can improve.

2 comments | Posted by Paul Everett

Lessons from sales – part 1

May 18, 2010 Categories: Marketing MIT

It has been said, (if it hasn’t, then we’ll say it) that the best marketing is about taking the cream of your sales team’s capabilities in one-to-one sales and turning this into a mass-market lead generation machine. This tends to be why the best campaigns involve a close marketing-sales partnership to understand how to position offerings, view the competition, differentiate themselves and drive prospects through the sales funnel.

It’s also been oft repeated that the best marketing is about communicating the right messages at the right time.  So maybe we can bring these together into one grand unified theory of marketing-sales success? Wishful thinking maybe, but McKinsey this month published the results of their research into the buying habits of 1,200 decision makers in long- and short-sale cycles across the US and Europe. This insight into b2b sales draws a powerful conclusion: the top two turn-offs (comprising over half of those surveyed) that sales people could do were to have inadequate knowledge of their product/service and to try to communicate with them too often.

Timing + message. QED.

Fortunately, these two faux-pas are perfectly possible to remedy. But in the theme of this post, it’s not just sales that should learn this lesson but marketing too. And we bear this evidence out frequently – the most successful communications are the ones that tie a significant aspect of the product/service to a timely need of the audience. When this happens, the audience doesn’t see it as ‘marketing’ – it’s just a valuable part of their business day.

I’ll delve into another area where marketing can learn from sales in a future post, but maybe you have some experiences on this area already that you’d like to share?

No comments | Posted by Chris Bailey

Making a bombproof case for your B2B marketing budget

September 8, 2008 Categories: Building a lead generation engine, How to..., Tools & templates

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.
No comments | Posted by Lindsay Willott