After having helped many of my clients implement marketing automation tools like Pardot and Hubspot I have come to the conclusion that the implementation is the easy part – the real challenge is creating the Content Strategy needed for success. I think Marketing Automation is a real misnomer as it indicates a set it and forget it mentality and nothing is further from the truth. Most companies invest thousands of dollars and countless employee hours setting their tools up. There are connections to be established with your Salesforce CRM, fields to map, smart/dynamic lists, templates for emails, landing pages and forms to create, scoring, and the list goes on. Once the tool is set up – there is an audible buzz around the marketing team, “Now what do we do with it?” It is like you have a shiny new sports car without gasoline. There are two things you need to do to ensure your company gets the most from its investment in Marketing Automation: Content Audit My new mantra is “No more random acts of content”. It is easy to get caught up in a flurry of activity to create infographics, videos, case studies, white papers, resource guides, presentations for slideshare, … the list goes on and on. A content audit is an important first step. Ideally, you want to ensure you have marketing content to support the entire purchase process of your target customers. You may find it is a good time to interview current customers to get better insight into the purchase process. Figure out what content you have, what step in the purchase process it supports, and where you have gaps. I like to rate the quality of the content and recommend a refresh date as a part of the audit. Content Marketing Strategy I am frankly tired of the whole “Content is King” mantra. The “Customer is King” and they need the content available so they can access it whenever, wherever, and however they want it. Not all customers are the same so the onus is on you to repackage and serve the content in multiple different ways. One of the most common ways to go about planning is to leverage a Content Pillar approach. I build a plan by week for 3-6 months that covers my major content assets and how I can repurpose each of them across multiple different channels including blogs, resource guides, white papers, videos, infographics, emails, enewsletters, and social. Each content piece should link your customer to more engaging content where they can learn at his or her own pace. If your marketing automation tool has a calendar (Hubspot has a great one), you can actually set up the calendar right in Hubspot. In closing, don’t let the mechanics of setting up your new marketing automation tool distract you from building the content to fuel your success. My favorite part about building these plans is to see how excited my clients get when they see how much they can accomplish with a little advance planning.
2 Comments
It is an easy content marketing virus to catch. Your new widget is awesome. It is faster than a turbo-charged drone, it takes less space than a bedbug in your suitcase and sleeker than any i-gizmo. You whip up the standard marketing content including: • Web pages that are optimized for phrases like “Fast Widget”, “Small Widget” and “Sleek Widget” • Data Sheets which detail every technical spec you can find • White Papers that describes how to use your widget • “Case Studies” (which are fictional) because you don’t have a customer ready in the wings to rave about your widget • Video demos of your widget in action • Webcasts of your VP of Sales talking about your widget Next, You push email campaigns at target customers with catchy subject lines like “The Fastest Widget on the Market”. You post about your widget on all the social networks. And then you wait. And wait. You have been the victim of one of the most common content marketing viruses in the business; the “It's all About Me” virus. You forgot that in the customer doesn’t care about widgets. Customers are busy. They aren’t looking for faster, smaller, sleeker widgets. If they were, they would find your website and order widgets galore. Customers are looking to solve problems and if you can help, they will come. It is easy to get overly zealous about creating marketing content all about your widget. You still need your marketing content, but you need to shift your perspective to center on the problems your widget solves for customers. Listen to your customers. Maybe your target customers spend too much time on something your widget can do in a snap. Or maybe they are challenged to by big clunky alternatives to your widget. Your content marketing strategy needs to look more like: • Web pages that are optimized for phrases how to fix a problem (with your widget) • Data Sheets that describe use cases (and a few specs) • White Papers about solving problems (which your widget can do) • Authentic Case Studies featuring beta-customers • Video demos of your how customers get value from widgets more quickly. • Webcasts starring happy customers who are willing to share their success story The bottom line is that your customer doesn’t want to hear about your widgets. Your content marketing strategy needs to focus on the “It’s all about Me” Customer not the “It’s All about Me” Widget. Content marketing has evolved as a critical component to support the B2B purchase cycle. B2B marketing, in contrast to B2C marketing is characterized by:
1. Longer purchase cycles than B2C 2. Requiring more content to support the decision - as making a purchase decision for a business is riskier for those involved. Making the wrong choice can cost an organization in many different ways. A poor decision could cost a decision maker his/her job. 3. Multiple people who influence the purchase decision Content Marketing became increasingly critical as organizations implemented Marketing Automation Tools such as Eloqua, Marketo, and Pardot in the past decade. The success of these tools is dependent on leveraging a library of marketing content. Operating under the old mantra “Content is King” marketers published webinars, podcasts, white papers, case studies and comparison guides. The purchase process of B2B prospects is changing dramatically: 1. Recent research by TechTarget shows that the IT B2B sales cycle has shrunk significantly in the past year. Implication: · It is imperative to deliver marketing content to support a compressed purchase cycle. 2. Usage of mobile devices as tools to research and to stay connected via social media (LinkedIn, Twitter, Facebook) has exploded. Prospects are more connected and dependent on their social media groups. Implications: · Content needs to be available in smaller bites and optimized for smaller screens. · Content Strategy needs to be designed to engage prospects - not just educate them. 3. Prospects are deluged with marketing content and are increasingly: · Adept at tuning out marketing messaging. · Seeking unbiased content shared by peers or influencers (via Twitter, LinkedIn Groups, Blogs) · Making purchase decisions based upon what others are saying (versus outbound marketing messaging). Implications: · Existing customers are your best sales people. Exceeding their expectations goes a long way in earning their support. · Marketing Content must be worthy of sharing. · Products/solutions must meet customer expectations - because more than ever before, they will be evaluated and judged in open forums. The race is on. B2B marketers must evolve their Content Marketing Strategy to compete. I admit it…I watch the Super Bowl for the ads – not the football. You know people like me; I get quiet during the advertising breaks. I enjoy evaluating each $3.5 million ad and distract the real football fans in the room. Super Bowl is likely the only event that audiences remain glued to their televisions to watch the ads. Viewers use TiVo or a DVR to skip advertisements the other 364 days a year.
I, as a marketer, have been asked by sales, “Why can’t we run Super Bowl Commercials too?” Next time they ask, I will pull out this handy list of 25 Things You Could do with a Super Bowl Ad Budget. While $3.5m may get your product on the shopping list, there is much more work to be done to close a sale. The shopping experience has changed fundamentally – especially for long purchase cycle consumer goods (consumer electronics, cars, etc) and B2B solutions. We live in world in which we are deluged by marketing noise. Prospects have adapted by tuning us out. They skip our ads (except on Super Bowl Sunday), toss direct mail, ignore our banners, and snicker when the see our emails languishing in their junk email folders. Our world is a nightmare for the “Mad Men” marketers of the past. Prospects will actively engage when they are ready to make a purchase decision. Investments in branding advertising can help you make their short list. According the recent research, the B2B IT purchase cycle has shrunk significantly. This is one of the reasons content marketing becomes a critical investment. Prospects want information quickly. Marketing content includes white papers, case studies, comparison guides, video demonstrations, webcasts, and podcasts. Prospects may visit your website. They are more likely to seek unbiased reviews from blogs, industry experts, twitter and other social media venues. Integrating your content marketing with messaging, positioning, and calls-to-action across multiple sources allows you to leverage the web to its potential. Inbound marketing, where your SEO optimized marketing content draws prospects to you is evolving to be one of the most cost-effective ways to generate qualified leads. One Super Bowl Ad is not likely to sell a car; but it can get the car on the shopping list. Once it is on the shopping list, savvy marketers need to have marketing content ready to help the prospect make the purchase decision. Marketing Automation is a huge contradiction in terms. The term "Automation" has served vendors like Eloqua and Marketo well over the years because it implies a "set-it-and-forget-it" service. Experienced marketers know better. Marketing Automation solutions are very sophisticated tools. They can be very expensive - with features (bells and whistles) which most users only dream of using.
Thus the problem, the "Marketing Automation" term over-promises and gives executives a false sense of confidence in their ability to benefit from the investment and implementation. As if the tool was a "Rhoomba" vacuum...and by setting it up, every prospect and lead will be swept up and closed with scientific precision. In my estimation, a tool like Eloqua is more like a very sophisticated sewing machine. I apologize for the comparison (because I always hated sewing - I ended up screaming for my mother every 3.5 minutes). But - a sewing machine does not, after being set-up, create snazzy designer garments with ease. Don't underestimate the patience, practice, and hours required to create a garment suitable to be worn in public. I don't want to come off as being negative...because the Marketing Automation solutions have great potential. May I suggest that it may be time for a change in vernacular? Step one - lets begin the process of crowd-sourcing a more descriptive term. |
AuthorPhyllis Stewart- Archives
April 2015
Categories
All
|