Upload
manticore-technology
View
790
Download
2
Tags:
Embed Size (px)
DESCRIPTION
Presentation by Christopher Doran, VP of Marketing for Manticore Technology give in Melbourne, Australia on 5 May 2010 on B2B buyer behavior and how it impacts marketers
Citation preview
15/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
B2B Marketing in 2010A Brave New World
Manticore Technology, Inc. Confidential – Copyright 2009. All rights reserved.
Christopher DoranVice president, MarketingManticore Technology
25/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
35/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
B2B Marketing has Changed
1. Widespread adoption of technology has changed buying behaviors
2. The relationship between B2B sales and marketing has fundamentally changed
3. To adapt marketing must implement new methods, processes and techniques to capitalize on these new dynamics
45/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Trusted provider of marketing automation solutions for companies of all sizes since 2001.
We enable marketers to:1. Manage and measure the marketing funnel 2. Build marketing processes to deliver a constant flow of
qualified leads3. Deliver invaluable insight to sales to drive top line growth
Select customers in APAC:
About Manticore Technology
55/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
A Personal Case Study - 1995
My Pride and Joy in 1995
#1 Song: Back for Good
#1 Movie: Braveheart Justice Served: Innocent
65/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Buying Cycle Circa 1995
Friends Family
Brand Perception3rd Party Experts
AdvertisingPersonal/ Extended Experience
Ads
Salesman
Characteristics Limited access to info Marketing involved at high
level WOM Important Clear differentiation
between sales & marketing
75/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Buying Cycle Circa 2010
Brand Perception
AdvertisingPersonal/ Extended Experience
Friends Family
3rd Party Experts Salesman
Ads
Characteristics• Unlimited Information• Marketing and WOM
involved thought process
• Sales & marketing blurred
85/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Real World Example
95/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
B2B = B2C
B2B buyers have become almost identical to B2C buyers
105/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Pipeline Then vs. Now
Awareness
Interest
Evaluation
Commit
Awareness
Interest
Evaluation
Commit
1995 2010
MARKETING
SALES
MARKETING
SALES
With infinite information, buyers are doing extensive amounts of research before picking up the phone – and it’s ongoing
115/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Recent Research
Source: DemandGen Report – Breaking out of the Funnel, survey of 100 B2B Buyers
125/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Who Found who?
135/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Where does this leave marketing?
1. Marketing cannot control of the conversation2. There is a massive conversation going on about
your products and services before, during, and after they’ve picked up the phone to call you
3. B2B marketers must become and active part of the conversation & the sales pipeline
145/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Strategies
Establish a uniform definition of a qualified lead with sales
Deliver relevant content to buyers based on where they are at in the buying cycle through lead nurturing
Make content widely available Don’t be afraid to make comparisons to your
competition Enable sales – who do they engage? What do
they talk about
155/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Content Maps to Buying Phase
Google Query Types Evolve Through the Buying Process
* Google/TechTarget Research Project: How IT Pros Search Online During the Purchase Process
Awareness Phase Interest Phase Evaluation Phase0%
10%
20%
30%
40%
50%
60%Comparison Review
Phrases, 52%
Brand Phrases, 43%
Solution, 18%
Issue Opportunity Phases, 5%
165/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Mapping Content
Awareness
Interest
Evaluation
CommitWhitepapers, analyst reports
on business problem
How you solve the problem: Demos, case studies,
Testimonials, Comparisons, videos
Brand Reinforcement – Right Decisions
175/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Relevant Content
Relevant content varies by the prospects buying stage
185/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Deliver Content - Lead Nurturing
Awareness
Interest
Evaluation
Commit
Delivering relevant content with prospects through automation to:1. Further qualify the prospect2. Keep your product on top of mind as a trusted resource
Lead Nurture 1
Lead Nurture 2
Lead Nurture 3
195/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Lead Nurture Tracks for Each Lead Bucket
Awareness Interest Qualified
3 Lead Nurturing Processes Enables You to Deliver the RIGHT Message to ALL Leads in Your Funnel
205/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Enable Sales
With the use of marketing automation we can now track individual prospects and sync with CRM What webpages have they viewed? What organic search terms have the used? What campaigns have they responded to?
This is invaluable data Prioritize leads based on behaviors or responses
for follow-up.
215/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Success Story:
Business Challenge Increasing volume of leads - Needed to
maximize investment Wanted to impact/optimize sales
Solution Manticore Technology marketing
automation & salesforce.com
Results Revenue per sales rep increase of 9.3% Shortened sales cycle by 12% Increased inactive lead closing by 250%
*Case Study available: http://www.manticoretechnology.com/resources/download.asp
225/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Marketing Automation & Social Media
Email isn’t going away Social media becomes another channel to
distribute the right message to your audience Manticore Technology will enable you to deliver
the message beyond email through these other mechanisms:
235/5/2010 Manticore Technology, Inc. – Copyright 2009. All rights reserved.
Moving Forward
Buying behavior has changed – embrace it (your competition is)
Deliver relevant content to buyers based on where they’re at in the pipeline
Marketing and sales are now blurred – The most successful organizations are working to align
sales and marketing to boost pipeline growth. This is a process – technology enables the process Look to social media as another distribution channel –
not “the answer”