Communications & New Media Nov 2015 Vol 29 No 11
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FEATURE<br />
Old-school vs. new-school tech marketing approaches<br />
The biggest driver of change in marketing and communications<br />
today is buyers’ access to information. B2B technology marketers<br />
need to renew their approach for connecting with customers in<br />
strategic, meaningful ways.<br />
By Michael Nelson<br />
We’ve seen astonishing changes in<br />
marketing and communications<br />
over the past decade. With social<br />
media, word-of-mouth can overshadow<br />
million dollar marketing campaigns.<br />
And now, through digital ad targeting and<br />
analytics, we can finally tell which half of<br />
our marketing budget is working (you’re in<br />
trouble unless it’s both!). The single biggest<br />
driver of change in marketing and communications<br />
is buyers’ access to information.<br />
Information empowers buyers to expand<br />
their consideration set quickly, makes it<br />
easy to compare and narrow alternatives,<br />
and lowers switching costs.<br />
Changing times have been rough on marketers.<br />
Buyers adjust their social settings,<br />
unsubscribe from email lists, fast-forward<br />
past commercials and receive so many<br />
flashes and buzzes that most marketing<br />
becomes ambient noise. B2B technology<br />
marketers need a new-school approach for<br />
connecting with customers in a purposeful<br />
way. If they don’t evolve, they’ll be overtaken<br />
by competitors who put customers in<br />
control.<br />
What change is needed? A key insight<br />
comes from Forrester Research, which<br />
found buyers “might be anywhere from<br />
<strong>Media</strong> brief<br />
<strong>New</strong>spaper reporter ranked<br />
among “most endangered” jobs<br />
<strong>New</strong>spaper reporters now occupy one of the scarcest<br />
jobs in America, a designation listed alongside<br />
professions such as meter reader, mail carrier, farmer,<br />
and logging worker, according to a recent ranking of<br />
“endangered jobs” by CareerCast.com.<br />
The latest CareerCast report claims newspaper<br />
reporters currently yield an annual median salary of<br />
$37,090, and the profession has a projected growth<br />
outlook of -13%.<br />
The job search site claimed the profession has yet<br />
to recover from a severe decline in hiring that hit the<br />
media industry nearly a decade ago, an industry still<br />
“undergoing a profound transformation as outlets<br />
work to keep up with evolving technology.”<br />
Report research was compiled based on hiring outlook<br />
and contributing economic factors. Other jobs<br />
that rank high on CareerCast’s list of endangered jobs<br />
include flight attendant, jeweler, insurance underwriter,<br />
drill press operator, and seamstress/tailor.<br />
It’s the second time this year a report by the job<br />
search site has heralded bad news for the industry. In<br />
April CareerCast deemed newspaper reporter among<br />
the “worst jobs in America,” behind professions such<br />
as lumberjack, cook, and military personnel.<br />
two-thirds to 90% of the way through their<br />
journey before they reach out to the vendor.”<br />
In other words, if you’re not reaching<br />
customers online in a strategic way early<br />
on, you’ve missed the boat.<br />
Consider old-school vs. new-school approaches<br />
in B2B technology marketing.<br />
The old-school approach was a one-way<br />
communication. When the sellers were<br />
the only organization with a budget, they<br />
owned the communication channels.<br />
An old-school marketer’s job was to provide<br />
basic information about the features<br />
and benefits of products or services. The<br />
new-school approach fits the marketing<br />
function into today’s social, search engine<br />
and online ratings context. <strong>New</strong>-school is<br />
about thinking of your customers as an<br />
audience, and serving information that<br />
helps them either overcome a challenge or<br />
increase revenue. That could mean talking<br />
about your products; equally it could mean<br />
providing insights, sharing tips and spotting<br />
trends. This shift in mindset is helping<br />
new-school marketers create content people<br />
love, act on and share. It also is building<br />
long-term customer trust.<br />
Flipping the power structure of the buyer-seller<br />
relationship may seem counterintuitive<br />
and complicated, but it doesn’t have<br />
to be. What it takes is knowing who you<br />
are, your customers’ needs and the right<br />
technology. The combination will elevate<br />
your brand by empowering your customers.<br />
Here are seven steps that will help get<br />
you started:<br />
Identify your target customers, their<br />
needs and how you can satisfy them. Who<br />
are your target customers? What are their<br />
challenges, needs and motivations? Answers<br />
to these questions will drive how you<br />
position your company from a messaging<br />
and a channel perspective.<br />
Nail your messaging. Draft messages<br />
that connect your target customers’ needs<br />
and wants with how your business can<br />
help. Nail your organizational messaging<br />
down, then expand and refine for brands,<br />
products and target persona messages.<br />
Have a great website. Your website is the<br />
hub of integrated digital marketing campaigns.<br />
It’s where you funnel online traffic<br />
and capture leads. It’s where potential customers<br />
will find information about your<br />
brand, products, services and benefits.<br />
And it’s where you can nurture prospects<br />
from leads to customers, and passive customers<br />
to engaged promoters. Make sure<br />
your site looks and works great — both in<br />
the eyes of your customers and in the eyes<br />
of search engines.<br />
Develop killer content. Great content<br />
takes many forms — videos, eBooks, webinars,<br />
blog posts, byline<br />
articles, white papers<br />
and infographics. <strong>No</strong><br />
matter the form, killer<br />
content is digestible,<br />
relevant and compelling.<br />
Written to serve<br />
as a resource rather<br />
than to promote your<br />
business, the primary<br />
goal should be to delight<br />
or enlighten, not<br />
sell.<br />
Michael Nelson<br />
Extend content throughout your<br />
brand’s online ecosystem. Killer content<br />
is meaningless if it doesn’t reach the<br />
right people. When developing content,<br />
consider its ability to be used across multiple<br />
channels — paid, earned, shared and<br />
owned (PESO). PESO uses content to get<br />
your company in front of the right people<br />
at the right time. When done right, PESO<br />
will use targeted online ads, media placements,<br />
social shares or direct marketing<br />
to funnel traffic to content, which lives on<br />
your website.<br />
Capture and track website visitors’ interests;<br />
nurture leads along. With traffic<br />
flowing into your website, connect the data<br />
from your landing pages, downloads and<br />
webinars to your CRM system to support<br />
your sales team. Align lead nurturing and<br />
personalize sales strategies around what<br />
customers are doing on your website. If<br />
a customer reviews a white paper, think<br />
about sending them a case study on the<br />
subject. If they look at your price sheet,<br />
maybe it’s time to pick up the phone?<br />
Measure and continuously improve<br />
campaigns. With your integrated digital<br />
marketing machine purring, you will be<br />
collecting lots of data. Much of it can and<br />
should help advance your business. Use<br />
data to identify where your traffic is coming<br />
from, what content is most effective<br />
and how marketing contributes to your<br />
company’s revenue.<br />
Michael Nelson is Senior Account Executive<br />
at PadillaCRT and a member of its B2B<br />
tech practice. <br />
36 NOVEMBER <strong>2015</strong> | www.ODwyERPR.COM