Marketers are faced with the challenge of keeping up with new, hopefully better, strategies that emerge at a rapid rate, while cutting ineffective practices waning in popularity. It’s very valuable for marketers to have benchmark data about how the current digital marketing landscape looks, what’s new, what’s working and what isn’t. Quite often, marketers can gain a competitive advantage simply by being quick to adopt new digital marketing strategies in advance of mass adoption that eventually dilutes the impact of new things.
This study, presented by Jerry Rackley, Chief Analyst at Demand Metric & Jim Hopkins, Sr. Product Manager at Demandbase, took a close look at digital marketing to understand current practices, goals, strategies, metrics and effectiveness. Furthermore, the study investigated how well organizations understand their chosen markets, who in those markets they target as prospects and what their biggest challenges are in the pursuit of success.
19. 2%
3%
9%
11%
13%
24%
38%
0%
5%
10%
15%
20%
25%
30%
35%
40%
Other
SMB segment
Enterprise segment
Geographies
Named account lists/targets
Industries or vertical markets
Individual prospect types/buyer personas
20. 34%
41%
45%
46%
55%
61%
0%
10%
20%
30%
40%
50%
60%
70%
Product-based
User profile or persona-based
Sales-driven
Industry or company-based
Business needs-based
Thought leadership
26. Match channels to targeting criteria
Optimize channel mix
See the forest –and the trees
27. Not too narrow
For B2B, think “Buying Center”
Know the customer journey
Lead score at the company level
28. Data is not hard to capture
Some metrics are better than others
Any metrics are better than none at all
29. The digital marketing space moves quickly
Advantages go to the early adopters
Retire what’s losing effectiveness
Keep your eye on the digital marketing horizon
30.
31. Sales and Marketing are divided
MARKETING
SALES
Leads
Personas
Quantity
Individuals
Opportunities
Buyers/Influencers
Quality
Accounts
32. The result…
MARKETING
“We delivered
1,238 MQLs this quarter.
+27% above goal!”
SALES
“We didn’t hit our number. Marketing isn’t supporting us”
33. Leads aren’t wasted
of marketing generated leads are never followed up by sales.
50%
-Miller Pierce, 2014 VOC Study
34. B2C tactics aren’t ideal for B2B
Spray and Pray
•Quantity ≠ quality
•Wasted resources
Persona Marketing
•Targeting based on behaviors
•Right person, wrong company
Targeting Accounts
•B2B buys & sells by account
•Aligns marketing with sales/revenue
✔
35. 3 Easy Steps to Account-Based Marketing
Identify the right accounts
Market to those accounts
Measure by accounts