The dire effects that Coronavirus is likely to have on the business world in general and the marketing industry in particular, have been widely trailed. But is there any hope amidst the gloom?
The dire effects that Coronavirus is likely to have on the business world in general and the marketing industry in particular, have been widely trailed. But is there any hope amidst the gloom?
Move over content marketing. Brands, we’re told, now need to think like media publishers.
This is a topic we’ve discussed regularly on our blog over the last 12 months.
We’ve explored what it means to think like a media publisher, who the brands are that are doing it well, and how you too can pursue a media publishing strategy.
Let’s take a look.
Forgive the question, but does your content marketing strategy ask your audience to ‘lie back’ and think of you?
Or does it demand they ‘lean forward’ and pay attention?
Creating an impactful, successful, revenue-generating brand is equally important for B2B as it is for B2C.
Whilst we are all very much aware of the big B2C brands out there, there are some great examples of strong B2B brands too – think of Accenture, IBM, Microsoft or JCB.
Having a strong brand is a powerful asset that works for you in the background attracting prospects, establishing authority and trust and making sales easier.
Over recent years we have seen the rise of B2B brands as content publishers, with the results speaking for themselves.
Content publishing works because B2B buyers are now researching their issues and solutions online. They are only coming to the vendor when they know what they want and how much they expect to pay for it.
Around 87% of the B2B audience find content through a search engine – so if you are not publishing enough of the right quality of useful content to impact on search engine listing, you will not be in the running for a sale.
In the inbound marketing arena, we’re often being told that prospects don’t care about what we do, they care about how our products or services can help them.
But this doesn’t mean they don’t care about who you are.
In fact, people really do care about who they buy from.
Sustainability, for instance, is big on the agenda.
66% of global consumers are willing to pay more to buy from companies who are committed to sustainability. Amongst millennials, this figure goes up to 73%.
I'm not going to preach the importance of customer retention. We all know this by now. And we all know how much easier (and cost-effective) it is to retain and nurture an existing customer than to acquire a new one.
If you've read any of Equinet's latest content, you'll understand by now that the content marketing industry is in the midst of a disruption. If B2B businesses are to thrive in this new climate, they need to stop marketing and start publishing. But this requires new strategies, new processes and in some cases, new employees.
Scaling business owners face a race for attention in this increasingly ‘noisy’ world. And standing out to the people who matter is only getting harder.
Even with the democratisation of the internet, an overwhelming proliferation of mediums, channels, technologies and advice has led many to confusion or even paralysis in the wake of unfulfilled promises; it’s all about email, it’s all about SEO, oh, they’re dead.
So it’s all about content marketing, right? Content saturation!
But it’s never about just one thing or another; it’s always been ‘in the mix’ — the right mix for your audience.
For the last decade, brands have been focusing their efforts on content marketing.
B2C and B2B brands alike have been churning out blog posts, creating eBooks, and promoting them on social media in an effort to generate more leads and customers.
But if everyone in your industry is blogging, and everyone is promoting those blog posts on their social channels, that's a vast amount of content vying for the attention of your ideal customers.
Then there's all the other content unrelated to your industry that's tugging at their sleeve, from the latest Netflix documentary to the biggest news stories.
Web video is widely used by digital marketers as a way to influence B2B purchase decisions. And, as a leading advocate for your brand, you might on occasion be asked to step into the spotlight to share your thoughts and expertise.
Whether you are comfortable with public speaking or not, the idea of appearing on-camera can seem daunting. But genuine, helpful testimony will greatly enhance your viewers' product understanding - as well as their readiness to buy.
