B2B marketing
Earlier this summer Market Connections attended Women in Technology’s (WIT) “Decoding B2B & B2G PR & Marketing Trends” in partnership with Merritt Group. This informative discussion brought together a panel of leading marketing and PR professionals from small to large companies including Bitdefender, Hybrent, KPMG US and Microsoft to discuss challenges they face and successes they’ve had in marketing to other businesses and the public sector.
In part two (read part one) of this blog post series we’ll focus on a second challenge discussed by panelists: broken internal systems and processes.
How Can We Better Work Together: Broken Internal Systems & Processes
Market Connections often works with B2G clients to support their business strategies from brand awareness through business development. The internal structure of these companies often varies, affecting the business growth efficiency and success of the organization. This was echoed by the panelists. Whether it’s interdepartmental communication, collaboration or even the simple inefficiencies in using marketing automation systems, the panelists shared their perspective on the good and bad of how their teams work together.
Sales & Marketing: A Contentious Relationship? Or Working Together?
How many times have we heard the following:
“The marketing leads don’t give us what we need” or “the sales rep just cares about his or her individual sales”
While each group may have different short-term goals, both need to work together to achieve long-term success.
According to Marni Puente, Market Development Leader from KPMG every member of her team must focus on the organizational client interaction plan, understand where the strategic relationships are, and together support negotiations, decision-making and networking. In her perspective, “If you’re responsible for marketing you’re responsible for business growth too.” She continues to say, “Whether it’s…doing business development [yourself], or …. working closely with the business development team, (business growth) is something every marketer thinks about.”
Are companies structured for this integration?
Market Connections conducted a study of government contractors in 2018 that revealed that over half (51 percent) of respondents stated their business development (BD/Sales) and marketing departments reported to different supervisors, nearly four in ten reporting to a single supervisor and the remaining listing either BD reporting to Marketing or vice-versa. While more than half may be reporting to different supervisors, this does not mean there isn’t room for integration; meeting regularly can ensure communication and alignment of business goals.
According to our study, many successful companies, nearly two-thirds of respondents, said their sales and marketing teams meet at least once a month, and a quarter of which said they meet weekly. However, interestingly, nearly one in five said they meet maybe once a year, if at all. Anna Wehberg, Senior Director of Marketing at Bitdefender validated our results. “If sales and marketing are not aligned, business doesn’t seem to flow right.” According to Wehberg, her sales VP and her speak, text, or Skype every day.
According to the speakers, those departments that work together see better success. A strong relationship between these two departments is key. As one panelist put it, “When relationships are strained things are going to be bad… When things are good, they’re really good.”
The overall feeling is that there is a general trend moving towards the integration of sales and marketing, with a strong focus on relationship building between the two groups.
Marketing Supporting Business Development
How are marketers supporting their BD counterparts? At Microsoft, Tonya Klause, Communications Manager US and Americas Services, talked about reducing redundancies while maximizing the “story” of Microsoft. Marketing plays a key role in training their sales team to use tools such as LinkedIn, Navigator and Elevate. Skills and techniques to effectively reach customers include content sharing on Navigator and LinkedIn, helping executives develop their profile, unique voice, and blogging skills.
Marketing can also help support the BD/Sales teams through webinar trainings and follow-up. Wehberg explained that in addition to hosting training sessions, she records those sessions and saves them online for later access. She takes notes and pulls highlights from webinars and shares them along with links to the original webinar to team members via email as a follow-up. She even texts the sales teams to ensure they have the information. She tries to find different ways to give sales reps information in different formats and repeats the message several times, understanding that people may respond and learn differently.
In general, we are moving towards integration. In order to have success in the market, it is essential for marketing and sales to collaborate, communicate and have integrated strategies. Regardless of how departments are currently structured, these teams must work together toward their common business growth goals. Best practices include: keeping lines of communication open between executives, regular weekly or monthly team meetings for strategy and planning and providing training opportunities to ensure a unified external brand as well as a sharing of best marketing and sales practices.
Thanks again to WIT and Merritt Group for putting together a great event with insightful conversation around challenges and trends and many thanks to each panelist for thoughtful input that will be supportive to B2B and B2G marketers.
Read part one of our blog series providing an overview of the event and insights into top challenge: keeping content relevant.
Earlier this summer Market Connections attended Women in Technology’s (WIT) “Decoding B2B & B2G PR & Marketing Trends” in partnership with Merritt Group. This informative discussion brought together a panel of leading marketing and PR professionals from small to large companies including Bitdefender, Hybrent, KPMG US and Microsoft to discuss challenges they face and successes they’ve had in marketing to other businesses and the public sector.
According to the panelists, some of the biggest challenges include: keeping content relevant, internal broken systems (processes), speed of the industry and General Data Protection Regulation (GDPR) and email marketing.
With so many great panelist insights around key challenges they face, we decided to report on highlights and recommendations across two separate blog posts. In this first of these two, we’ll focus on the first of the challenges identified: keeping content relevant.
Content Generation
Understanding the importance of content marketing in reaching federal audiences, Market Connections seeks to understand best marketing practices so we can share and educate our clients serving the public sector. This includes conducting regular surveys and hearing from marketing experts. We were eager to hear from panelists at WIT Connect on best practices for keeping content relevant. From personalization, to purpose, to length and finally distribution, they provided some keen insights.
When it came to actual content creation, Anna Wehberg, Bitdefender’s Senior Director of Marketing, advised that content should be personalized, using the target audience’s language while avoiding the use of jargon and acronyms. (Read more about Market Connections’ similar findings of the most “annoying jargon” among federal decision-makers.) Marni Puente, Market Development Leader from KPMG agreed. Content should keep an end-user in mind. She went on to say, “Content should offer something of value, it’s not just about the sales, but think about what is in it for them.”
What does the public sector value in content? Looking at key features from our recent study in this market, content should always have the three following features: product specifications, examples of past performance and data and research to support content. Puente’s comments echoed these results, “I’m a big fan of content having primary research… Being able to offer data nuggets…is a great way to reel people in and go into meetings with a CIO and say ‘hey did you know, our survey shows this…”
In addition to personalization, Wehberg discussed the importance of having content for unique phases of the buying journey, including:
- Awareness and education
- Consideration (recognize I have a problem, now who are my players that can solve that problem)
- Preference (making a purchase and taking next steps)
For each of these phases, she noted that content should be trackable and have a purpose. If it wasn’t generating business on the other end, it should be reconsidered. Market Connections also found the importance of having unique content dependent on the stage of the buying process. Content across all three phases should be informative and educational. As you move further down the funnel, certain marketing assets like case studies and product demos become more and more important. (Learn more in our 2017 Federal Content Marketing Study.)
Puente also highlighted the shift over the past 5 years from the long narrative to more snackable/digestible content as a teaser to help reel them in. Tonya Klause, Communications Manager US and Americas Services at Microsoft agreed. “While there is a place for longer-form storytelling content… it has fallen out of favor.” Technology is playing a role in how long content is holding our attention, or as Klause put it, “We are all trained to focus on something for a couple seconds before moving on.”
Marketers should also consider their audience’s demographics. What captures the attention of the incoming, younger workforce, and for how long? According to our recent study, younger audiences are willing to spend more time with content they can sit back and listen to or watch such as webinars, videos and podcasts.
(Learn more about how long federal audiences are willing to spend with content.)
Klause continued to say that for Microsoft, it’s important to incorporate customer references in their storytelling; however, getting government references is one of their biggest challenges. According to our 2018 Federal Media & Marketing Study, over half of respondents listed recommendations from peers and colleagues as a most trusted source of information and over one-quarter cited customer testimonials. While it may be challenging to secure a government reference, there can be some workarounds. For example, anonymizing the referrer by using a case study (listing only the agency or agency type) could be one way of showcasing past experience. Citing a local or state agency (who may have less restrictions) or an industry reference could be another. According to our recent study, federal decision-makers looked to insights from industry thought-leaders even more so than their government counterparts.
Thanks to WIT and Merritt Group for putting together a great event with insightful conversation around challenges and trends and many thanks to each panelist for thoughtful input that will be supportive to B2B and B2G marketers.
Keep an eye out for a future blog post focused on the second key challenge identified: internal broken systems and processes, coming later this month.