Jan
30

Why Video White Papers Should Be Part of Your Content Library

Prospects are hungry for information. White papers have been used to feed these prospects, and marketers have found that white papers are a very valuable tool to get information in front of their buyers. Today, white papers are also becoming an important tool used in successful video marketing.

The questions to ask about video white papers are what and when. What information is typically produced and when should that information be provided to prospects?

The information produced in a white paper is typically technical information or information about business problems or use cases. Generally, white papers are made available in the buyers search process before they engage with a sales rep. Buyers in this stage are out on websites downloading white papers as they establish their criteria for solving their problem. This is really the beginning of the journey with prospects and that’s why it is so important for many marketers to use white papers.

The common medium for white papers has been PDFs and although they have been effectively used in the past, there are a few key drawbacks. The first is a content issue. Marketing needs access to domain knowledge in order to create a white paper. The time involved in sitting down to write a 5-10 page white paper is extensive and is further complicated by the fact that marketing needs to go outside the department, to a technical person, an executive, or another person with subject matter expertise, for help. That means obtaining their commitment, getting on their calendar, and conducting one or more interviews. Once that is done, there is still time to be spent writing the white paper, putting it in the right voice, etc. So, access to and creation of content is a big challenge with a PDF-based white paper.

The second problem is one of accountability. You may always be able to tell that a prospect has downloaded a white paper, but it is hard to carry that any further. You won’t necessarily know if it has been consumed, if someone opened it up and read the first two lines or if they read the entire document.

Finally, there is a problem of differentiation. If a prospect has downloaded a white paper from your website, chances are that they’ve also downloaded six PDF white papers from all your major competitors which they may or may not have read.

At Sales Engine International, we believe that video is a highly effective yet underused medium for white papers. Video marketing techniques can give your white papers an edge over traditional PDFs.

First of all, the personality of the organization and the presenter will come through in a video white paper. Rather than reading a static document, the prospect will get a feel for the company and the subject matter expertise within your company by watching your expert talk about a subject in which he or she is highly knowledgeable.

Second, the visual aspect of video marketing is also much better for engagement. You can keep your prospects interest for a much longer time frame with video than with a written document.

Third, video marketing and video white papers clearly create differentiation from the stack of PDFs that are sitting on your prospects desktop. You’ve chosen to present your information in a dynamic video format, and they are doing it in a static PDF — clear differentiation in your product.

Fourth, and very important to marketers everywhere, is measurement. Video marketing presents marketers with greater opportunities to gather intelligence about the consumption of content. By offering a video white paper, you’ll know when it was downloaded, when it was viewed, how much of it was viewed, if it was abandoned and where it was abandoned. And you’ll be able to use those metrics to improve your process and gain a better understanding of your prospects.

Taking a video marketing approach to creating white papers also means it will be easier for you to capture the content you need for your white paper. Your subject matter expert can be prepared in advance by reviewing questions you provide. That also ensures that your expert covers the point you’ve determined to be the most important ones to convey to a prospect. Your expert’s knowledge will be clearly articulated to the prospect and the process of capturing the information will be much easier and more efficient for all involved.

Finally, as with all video marketing content, you can convert the video white paper to a print version, which will allow you to get an SEO lift on your website and give you another medium for presenting your information.

Taking a video marketing approach to presenting your information in a white paper can be very effective.

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Dec
12

Why do marketing leaders outsource demand generation?

We are finding that marketing leaders are increasingly excited about outsourcing demand generation for one simple reason: it just takes a myriad of people to pull it off.  A few years ago, we were educating a lot of people on the integrated marketing process, and the “FIND, CONNECT, and ENGAGE” components that we find essential to a successful marketing automation and nurture marketing strategy.

That’s not the case anymore. Today’s marketers get it.  They are very well informed, and they see the challenge and understand the solution.  For marketers, executing on demand generation has become an arms and legs issue.  It’s no longer possible to get to it all, and marketers are now focused on educating their senior management on the limits of their bandwidth.

If you are going to play the integrated marketing game, you really have to play to compete.  Then, you need to meet all these functions and processes.  Database management, messaging, video creation, graphic design, engaging content written by subject matter experts, and HTML production are all essential elements in this new era.

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Dec
07

Cyber Monday in a B2B Sales World

The world of selling has changed dramatically.  Sales reps are accustomed to and want to be able to drive the action on their own, but that is not possible in today’s 2.0 world.  Last month, Cyber Monday sales reached over $6 billion.  The Internet has changed the way buyers, even B2B buyers, shop.  B2B organizations can learn a lot from how some B2C companies have harnessed today’s tools to build relationships with potential buyers and drive a steady volume of traffic to their websites.

I have been in B2B sales for nearly 30 years and the way we started, the way we were measured was: first – on sales success, second – on the number of dials, and third – on face-to-face appointments.

Today, 85 percent of outbound sales calls go to voice mail, never to be returned.  80 percent of buyers are finding the seller on their own, which is completely counterintuitive to the sales professional’s persona.  As a result of failing to adapt to this shift in buyer behavior, half of sales reps are not meeting their sales quotas.

How can a B2B sales leader adapt his game to meet the challenges of the new world of sales?  Take a page from the integrated marketing playbooks of all the B2C merchants who have leveraged it so successfully.

First, FIND your audience.  To do this, you must build a database of ideal prospects so that you can reach out to them, but you also need to make yourself findable to them through search engine optimization and other initiatives that ensure your website is loaded with the right content to attract buyers.

Second, CONNECT with your audience.  Making a connection was easy when all that it required was a warm handshake from a good sales rep.  Today, to connect you have to have a strong array of different digital content to tell your story.  You have to remember that the connection requires this level of human contact when telling your story.  If you can’t get face-to-face as early as you once could, digital messaging is powerful to build that connection.  Buyers are consuming information digitally and filing it away as they make their preliminary and final buying decisions.  Integrated marketing connects your outbound delivery strategy with your audience of suspects and ensures that you have the right process in place to deliver the right piece of content to the right buyer persona.

Third, ENGAGE all your prospects.  Many of them are not ready to buy just because you are ready to sell. You need an integrated marketing plan to stay continuously in touch with them in different manners and different styles.  Keep touching them until they are ready.  Until a trigger event happens that indicates they have decided to enter the market, it is fine to just keep touching them.

Once a trigger event indicates that they are ready to move on to the next step, make sure you have practices in place to keep sales follow-up in alignment with the marketing message.

FIND, CONNECT and ENGAGE is the new normal.  Many, many companies are reaping great success by adjusting their models this way.  Companies that are not are at a competitive disadvantage.  Unfortunately, the old ways are not coming back.  It’s important to change your sales methodology if you want to thrive in the new world.

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Nov
07

What’s Next: Sales and Marketing Integration

What’s Next: Sales and Marketing Integration
By PAUL RAFFERTY

Over the past three years, much attention has been paid to sales and marketing “alignment.” That is, these two functions have worked toward mutually defining the ideal prospect profile, how leads are scored, when marketing should hand-off to sales, when sales should hand back to marketing, etc.

Sales 2.0 and marketing automation are maturing concepts. Businesses are generally aware that prospects are shopping online without them and not engaging with sales until they are ready to buy. Many companies now have the basics in place – an automation tool and a little bit of content — to find, connect with and engage those prospects digitally until their digital behavior indicates readiness to buy. And company CEOs are impatiently waiting for the ROI.

So what’s next? Leading-edge B2B sales and marketing organizations are moving toward true “integration.” That is, tying together all the parts of a cross-functional sales and marketing process. The need for integration between the two, in both tools and execution, has never been greater. However, most companies have not yet clearly identified and fixed the failure points.

CEOs and sales and marketing executives are learning that marketing automation is not a solution in and of itself. It’s a hungry machine that requires constant feeding with an ongoing supply of meaningful content targeted to thinly sliced market segments, and relentless execution. That’s a lot of work. And it’s all happening in real-time.

Sales and marketing must truly integrate their efforts in order to maximize the power of automation and function like a well-oiled machine. They can no longer simply work well side-by-side, they must now learn to function as a cohesive team.

Borrowing analogies from sports, the two functions cannot operate like a football team: one group take the field for offense and another for defense. They must function more like a soccer team: a single group of players on the field — some primarily play offense, some primarily play defense, and some (midfielders) play both, helping their team score and preventing the opponent from scoring. Sometimes, the ball gets booted all the way down field, but generally a soccer team moves the ball forward from one line to the next, sometimes passing the ball laterally or back a line for “support” until there is a clear opening to move forward. The whole team works toward keeping the ball in the scoring end of the field and preventing opponents from taking the lead.

Integration takes alignment to the next level, with additional functions including real time workflows and alerts, lead routing and scoring, lead intelligence and activity tracking. It also involves equipping sales with the skills required to follow up on campaigns, basically playbooks that reps can draw upon to make sure they are using the correct situational fluency when they contact a lead from a particular campaign.

Sales and marketing teams that learn to function as an integrated unit will be ideally positioned to harness the full potential of marketing automation and maintain a clear advantage over their competitors who cling to their old ways of maintaining clear lines between the functions.

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Oct
19

The Results Are In!

Interested in learning more about strategies to support the consistent delivery of relevant content? Watch our on-demand webinar on The Top Five Challenges to Delivering Relevant Content.

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Oct
07

Why Is Multi-Media Content So Important in Marketing?

Multi-media content is critical to successful marketing. First off, study after study has proven the retention of information from web video or video in general, compared to the written word or the spoken word. There’s no denying the fact that video has to be a part of your content mix.

Secondly, different people consume content in different ways. It’s important to really understand that the demographics or psychographics, of individual buying personas. For example a VP of Sales is constantly on the road and you can pretty much assume that any content he consumes will be viewed on a PDA or some other mobile device.

IT Directors may gravitate toward webinars because they like to have access to detailed information. Buyers who will ultimately be the end user of a product or service tend to be more interested in web pages that can convey information and often demonstrate functionality.

Just the other day, a friend of mine was about hop on to an airplane and he downloaded a pod cast. He does that often because he likes to take advantage of the travel downtime to listen and learn about subjects of interest – different things he may not have time to learn about in his regular day.

We’re all receptive to content, but we consume it in ways that suit our lifestyle. If your marketing is focused on sharing your message through only one method, you are probably missing the majority of your audience. The importance of multimedia content will continue to grow as more people have access to various devices and technology introduces new ones.

Don’t be intimidated by the task of creating a rich library of multimedia content. It is possible to produce content in one medium intelligently and then multiply it into other media. Executed properly, the repurposing of content can be a smooth process instead of a big burden.

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Aug
16

Why Outbound Marketing Beats Inbound Marketing

Both outbound and inbound marketing play an important role in marketing strategy and execution, but when it comes to knowing where to begin, it’s a classic “chicken or the egg” question in many organizations. The answer is “Outbound”, and here’s why:

There is one really important reason why outbound marketing can actually be more effective than inbound marketing, and that’s lead quality. Even though inbound marketing can certainly generate a lot of leads, it can also generate a lot of unqualified leads.

Inbound leads come from people who are proactively searching the internet, seeking out solutions to business problems. So, they find your company and they are, in fact, interested in you, but for any number of reasons, you might not be interested in them. How often do you receive an inbound lead that is not a good fit due to:

• Industry
• Geography
• Employee Count
• Revenue
• Incompatible Platforms or Systems

So how can outbound marketing impact this dilemma? Very simply, because effective outbound marketing starts with identifying an ideal prospect profile and building a database of prospects that fit that profile.

If you’ve decided to kick-off an outbound email campaign, to initiate a digital conversation with your prospects, you’re only going to send the email to prospects that fit your ideal profile in the first place. From there, it really is a combination of outbound and inbound tactics to create this digital conversation that nurtures the prospect through the process.

For example, if I sent my prospects an email and then some of those people opened the email, I could determine that they have some level of interest in my organization. Then, I could automatically enroll those prospects into a retargeter campaign, through which they would see my banner ads all across the internet. Only those potentially interested and qualified prospects would see my banner ads. If they then clicked through and landed on my website, where they might watch a video or a webinar or download a white paper, and we would respond with thank you emails and further nurture communications, to really create a digital conversation.

The main point? By initiating the digital conversation first by reaching out to the prospects that fit my ideal profile, I can confidently assign an expensive outside or inside sales rep to follow-up with the prospects who respond, because I’ve greatly increased the likelihood that I am interested in them and that they are interested in me.

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Jul
12

Three Tips on Adapting to the New World of B2B Selling

In the 25 years since I first started selling, the world of business to business selling has changed dramatically. Back then, the primary appointment generation method was “phone power”.

We’d pound the phones, get face-to-face as often as possible, and that was how we were measured. The only way to quantify your contribution and your success, beyond closed deals, to see if you were working hard, was to look at your results in getting prospects on the phone and securing appointments.

Today, 85% of phone calls go to voice mail, never to be returned, so “phone power” sessions are not nearly as effective as they once were.

In the new world of B2B selling, the buyer finds the seller about 80% of the time, rather than the other way around. This is completely different from the selling world where we grew up. Unfortunately, today’s reality is that 50% of sales reps are not making their sales quotas.

It is certainly understandable that reps are struggling to make quota if their company has not adjusted its sales/marketing models to adjust to the new environment. Now, there are critical steps that sales and marketing should take to put a company on the path of potential buyers.

First, identify your target market and build a database of your best prospects so that you can reach out and touch them through digital media. Make sure that you can also be found by them through social media and a digital presence, utilizing SEO and SEM.

Secondly, to be able to connect with your prospects digitally, you need to capture your message and distribute it. You’ve got a great story to tell, but you may not have the opportunity to tell it face-to-face.

Third, you need to execute relentlessly in a variety of different ways. People consume content differently. For some audiences, simple awareness is the key. Other potential buyers respond better to targeted case studies. Case studies are particularly significant as people move through their buying journey and get closer to the finish line.

Those three steps constitute the cornerstone of the new marketing mix. It’s all about finding the audience, connecting with them, and engaging them until you have a marketing-qualified lead. Once you’ve got that marketing-qualified lead, you can convert it to a sales lead and from that point, your funnel metrics will follow.

It’s critical that companies readjust the sales and marketing mix to today’s realities in the world of B2B sales.

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Jul
06

B2B Content Marketing & Miniskirts. How long should your content be?

So how long should your marketing content be?  In their excellent book, Content Rules, C.C. Chapman and Ann Handley made me laugh with their response… “Content is like a miniskirt.  Make it long enough to cover the essentials, but short enough to keep it interesting.” I love that metaphor… provocative and right on the money.

Exactly how long is enough to cover the essentials?

Well, ironically the answer is less about the topic and more about your audience. If you are producing a video on the pitfalls of marketing automation targeted toward mid-market CEO’s, you’d better get there pretty quick and tie back the impact to their world… maybe one, two minutes max. BUT, if you are educating Marketing Directors at large organizations who would be directly responsible for implementing (and not messing up) a marketing automation solution, then you’ll probably need to dive pretty deep or else the viewer will feel short changed. It’s pretty tough to give a thorough analysis on that topic in less than five minutes. Heck, if the information is truly valuable, you’d have marketers lined up at your door to watch an entire hour-long webinar on the topic. The point here is to know who you’re speaking to before deciding how long it should be.

Another factor is where the prospect is in their buying journey… more specifically, where are they in their relationship with YOU!  Just like a real life courtship, start small and work your way up to the deep long talks.  I will regularly read 10+ pages of something put out by MarketingSherpa because I learn so much.  They make me a better marketer.  But, I would likely not commit that much time and energy to reading someone’s content if I have never heard of them before.

How short must you be to be interesting?

Certainly the same rule we just discussed applies here… know your audience first. But to be interesting requires more than brevity. To be interesting you must be provocative and stir up new thinking, which is why this metaphor works so well.

You can be provocative with images (eh hem, mini-skirt pics) to get someone’s attention, but ultimately it will be the content itself that people will judge… did your white paper help the solve a problem?  Did your video help them see their problem in a new light?  Use your authentic voice and talk about the business challenges your prospects face and forget the jargon and marketing speak.

Last point… just because you have A.D.D. doesn’t mean all of your prospects do  and/or just because you actually read every word of every article you download doesn’t mean your prospects will.   Be brief?!?! Yeah, that makes sense, but more important… be interesting!

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Jun
15

How important is it to target specific buying personas?

How important is it to target specific buying personas? Targeting specific buying personas is critical in today’s competitive marketplace. It is still important to identify individual companies that fit an ideal prospect profile, however, it is equally necessary to understand that within those companies you will need to connect with different buying constituencies.

At home, we have a great example of diverse buying constituencies within one general demographic. We all watch TV at some point in our day, but we’re not tuning in to the same programming. Our 14-year-old daughter loves to watch Say Yes to the Dress and Cake Boss. Those shows are not particularly of interest to me or really to anyone else in the house. What is really cool is that the advertisers know that and the commercials during that time target a buying persona that most closely resembles my daughter. A few hours later, my son will come in and turn on South Park or Prison Break and again, the rest of the household isn’t interested and a completely different set of commercials are on for him, clearly targeting a alternative buying persona.

Now, to the cable provider, we are just one household, but the TV stations, the advertisers, the purveyors of all this messaging have segmented us into specific audiences. They’ve got us sliced up as Cake Boss groupies, South Park fans and other personas. And they’re delivering relevant messaging to all of us. Years ago, general interest magazines were very popular. When I was a kid, Life magazine dominated the general interest magazine market.

In more recent years, a trend has emerged as magazines tailor their content to niches. Magazines are available for just about every different subset of interest or life. Examples include highly specific sporting and lifestyle magazines, age-specific magazines for women, magazines for specific hobbies and pastimes.

In some ways, that makes our job as marketers easier, because if we can identify the right buyer persona, we are able to target them more effectively. But it also presents a big challenge: targeting our messaging to hit these highly segmented audiences in the right way.

Today, more than ever, it’s critical to understand your buyer first, how they consume and how they live and then, to touch them that way. To learn more about creating killer content for your specific buying personas, watch our on-demand webinar, Winning B2B Buyers with your Content Marketing Mix.

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