016 - "Data-driven" is one of the biggest mistakes in B2B marketing
1* "Data-driven" is one of the biggest mistakes in B2B marketing
There has been a lot of content recently around this idyllic philosophy that companies simply need to focus on building their brand, to create thumb-stopping engaging content, attribution is bad and paying for expensive technology is stupid.
The smart folks at Refine Labs, led by Chris Walker have created a wave of marketers repurposing their original point of view, with water down content with little substance.
Attribution is not bad, it’s an important piece of creating an informed view of your marketing. It shouldn’t be your only source, there is not such a thing as a single source of truth, but many sources, all collected together, analysed, with context, to help strategic thinking and planning.
This header and the opening paragraph “Most B2B interactions cannot be measured” is just wrong.
Yes, attribution can’t directly measure large components of the B2B buyer's journey, but you can consider a whole host of different strategies to measure your marketing, with data, for example.
Brand studies - how is your marketing influencing sentiment and purchasing intent for your business?
Brand Terms / Direct traffic - have you seen an increase in users searching for your business with an increase in brand investment?
Qualitative - sign up form asking where they have heard from you
Qualified Pipeline CVR - An increase in CVR from qualified pipeline vs marketing investment, by source
There is no perfect world for measuring your marketing efforts, and your data isn’t perfect, but with context, a smart framework, and a well thought out data strategy, YOU CAN MEASURE IT.
2* When was the last time you spoke with your customers
Joe goes on to say…
A. The best content topics come from the mouths of your prospects
B. The best insights come from the brains of your SMEs
I’m not sure point B hit home for me.
But point A really resonated.
How much of your planned content for 2022 was informed by speaking with customers and how much was informed by thinking what they want.
It’s a healthy reminder to ensure we’re always creating content for our customers. It's a big investment of time, resources and effort, so don’t skim over the basics of ensuring your customers will like your content.
When was the time you had a conversation with your customer, carried out market research, had feedback on copy from your customers, or listened to a sales call?
If you're creating content, and hopefully you are. When was the last time you carried out any of the above?
3* Top 18 B2B marketing themes that never seem to get old
I had the intention to share my top 3 themes, but honestly, I couldn't decide, so I thought I would list ones I would include.
Create content for people, not algorithms
Use platforms and channels for how your customers use them (Linkedin, consume content - so make it easy for users to consume it, post natively and don’t ask for an email. Intent search keywords, make your landing pages frictionless and easy to get in touch)
Be wary of the anti-data movement!
I would love to hear from you! What would you include?
4* Uncovering the Truth About Account-Based Strategies in Europe
This ebook has some interesting takeaways around the behaviours of ABM in Europe. Here are 4 key takeaways you’ll get from this article.
An evaluation of the technologies that leading companies use to ensure that their Sales and Marketing teams are working in an integrated and holistic way.
A review of the maturity of account based strategies across different European markets.
An insight into how European Marketing and Sales teams have overcome their pain points through effective ABM evolution.
An overview of how leading companies have worked to overcome GTM fragmentation through working smarter, not harder.
Conversations You Should Read
Gating and ungated your content - “data insights”
The future of B2B influencer marketing?
Struggling to move from lead gen to demand gen due to budget?
Tools & Platforms
Each week I share a tool I have used, plan to use or I find interesting.
Testimonial is a really cool tool for collecting video feedback.