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@heinzmarketing #CMWorld
Buyer Behavior in 2017 & Beyond
Research, Trends & Best Practices to Improve Your Results
Matt Heinz
President, Heinz Marketing Inc
@heinzmarketing
matt@heinzmarketing.com
@heinzmarketing #CMWorld
First a little housekeeping…
• A copy of this presentation
• Other freebies:
– Copies of today’s featured research
– Our persona/buying journey templates
– “If it looks like a spreadsheet…”
– My NEW smoked chicken teriyaki recipe (or bacon)
• Send me an email at matt@heinzmarketing.com (or
bring me a biz card) noting what you want
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
Source: Heinz Marketing, July 2017
“Only 30% of B2B marketers
think their content
marketing is effective” via
@heinzmarketing
@heinzmarketing #CMWorld
Source: Heinz Marketing, July 2017
“Only 27% of B2B marketers
think their content is
relevant to prospects” via
@heinzmarketing
@heinzmarketing #CMWorld
Source: Heinz Marketing, July 2017
“Only 23% of B2B marketers
think their content is reaching
their target audience” via
@heinzmarketing
@heinzmarketing #CMWorld
Source: Heinz Marketing, July 2017
“Half of B2B marketers lack
confidence in their ability to
measure impact of content
marketing efforts” via
@heinzmarketing
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
Importance of content marketing elements
Source: Heinz Marketing, Nov 2016
Over 76% of B2B marketers
cited “engaging” as the most
important content element
via @heinzmarketing
@heinzmarketing #CMWorld
Important vs performance gap analysis
Source: Heinz Marketing, Nov 2016
Marketers see major performance
gaps in their ability to deliver
engaging, actionable, customized
content @heinzmarketing
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
Generational detail & differences
13% of millennials are
decision-makers, 28%
influence purchase decisions
via @heinzmarketing
Source: SnapApp & Heinz Marketing, Sept 2017
@heinzmarketing #CMWorld
Source: SnapApp & Heinz Marketing, Sept 2017
@heinzmarketing #CMWorld
Source: SnapApp & Heinz Marketing, Sept 2017
@heinzmarketing #CMWorld
Source: SnapApp & Heinz Marketing, Sept 2017
@heinzmarketing #CMWorld
@heinzmarketing #CMWorld
Where to focus now
• Better persona precision
• Buying committee & journey definition
• Content audit & management
• Internal process management
• Track & reporting discipline
@heinzmarketing #CMWorld
Establish the Foundation - Personas
• Develop “Pathological Empathy” – get out of the company-centric world!
• Who are your primary personas – prioritize to focus content development
• Companies are made of people – consider group dynamics
• Multiple people will likely influence, decide on, and ultimately use or be impacted by your
solution.
• Decision makers, stake holders, influencers, end users
• Attributes, motivators and concerns
Department Head Primary Business UserDecision Maker
@heinzmarketing #CMWorld
Persona Framework
Decision Maker
How I Buy Concerns Decision
Factors
Questions Desired
Outcomes
How they research,
evaluate, lead
Identify motivators
based on
performance,
reputation, success
What matters the
most? What areas
are negotiable
tradeoffs?
What’s the long
term value and
impact? Will we be
successful? Can
we trust the
vendors?
The vision for
success
@heinzmarketing #CMWorld
Motivational Framework
Workbook – pg9
Customer
Journey Stage
Not In Market Stimulated
Inquiry
Problem
Identified
Research
Solutions
Evaluation Decision
Journey Stage
Mindset
Status quo works
Needs evolving
Status quo pains
Opportunities
emerge
Desire to define
problem
Active vendor
research
Focus on desired
outcomes
Anticipating positive
change and
achieving vision
Journey Stage
Actions &
Behaviors
Irregular market
research
Peer networking
Informal info
gathering and
research
Push internal fixes
for status quo to
work better
Internal
assessment or
audit
Consensus building
to change
Desire to define
requirements &
needed capabilities
Extensive internal
assessment
Review internal dev
or third party
solution
Pricing inquiry
Ask for referrals
Research reviews
Trial evaluations
and bake-off
Vendor matrix
mapping to internal
requirements
Committee reviews
RFP options
Negotiate purchase
terms
Internal mobilization
for next steps
Next Stage Catalyst Status quo problem
emerges
Lost business, cost
increases
Who can help fix
the problem?
Share requirements
& RFP with vendors
Confirmation that
final vendors
support desired
outcomes
Content Topic
Suggestions
• Industry trends
• Surveys
• Case Studies
• Interviews
• Innovation
guides
• Self-assessment
tools
• Analyst reports
• Step by step
business impact
analysis
• Thought
leadership
• Evaluation
guides
• ROI tools
• Customer
reviews &
success stories
• RFP tools
• Sales content
• Proof of concept
• Customer
stories
@heinzmarketing #CMWorld
Buying Committee Mapping
• Marketing usage: general committee
model for market segments
• Long standing approaching to strategic
account planning
• A starting point for Account Based
Marketing
• Create models for your market
segments
• Industry
• Company size
• Solution
• Book Resources:
• Full Funnel Marketing – Heinz Marketing
• The New Strategic Selling – Robert Miller
@heinzmarketing #CMWorld
Benchmarking your current state
@heinzmarketing #CMWorld
Creative Brief
@heinzmarketing #CMWorld
Content Influence & ROI Tracking
@heinzmarketing #CMWorld
Housekeeping reminders..
• A copy of this presentation
• Other freebies:
– Copies of today’s featured research
– Our persona/buying journey templates
– “If it looks like a spreadsheet…”
– My NEW smoked chicken teriyaki recipe (or bacon)
• Send me an email at matt@heinzmarketing.com (or
bring me a biz card) noting what you want
@heinzmarketing #CMWorld
THANK YOU!
Matt Heinz
@heinzmarketing
matt@heinzmarketing.com

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Buyer Behavior in 2017 & Beyond: Research, Trends & Best Practices to Improve Your Results

  • 1. @heinzmarketing #CMWorld Buyer Behavior in 2017 & Beyond Research, Trends & Best Practices to Improve Your Results Matt Heinz President, Heinz Marketing Inc @heinzmarketing matt@heinzmarketing.com
  • 2. @heinzmarketing #CMWorld First a little housekeeping… • A copy of this presentation • Other freebies: – Copies of today’s featured research – Our persona/buying journey templates – “If it looks like a spreadsheet…” – My NEW smoked chicken teriyaki recipe (or bacon) • Send me an email at matt@heinzmarketing.com (or bring me a biz card) noting what you want
  • 5. @heinzmarketing #CMWorld Source: Heinz Marketing, July 2017 “Only 30% of B2B marketers think their content marketing is effective” via @heinzmarketing
  • 6. @heinzmarketing #CMWorld Source: Heinz Marketing, July 2017 “Only 27% of B2B marketers think their content is relevant to prospects” via @heinzmarketing
  • 7. @heinzmarketing #CMWorld Source: Heinz Marketing, July 2017 “Only 23% of B2B marketers think their content is reaching their target audience” via @heinzmarketing
  • 8. @heinzmarketing #CMWorld Source: Heinz Marketing, July 2017 “Half of B2B marketers lack confidence in their ability to measure impact of content marketing efforts” via @heinzmarketing
  • 16. @heinzmarketing #CMWorld Importance of content marketing elements Source: Heinz Marketing, Nov 2016 Over 76% of B2B marketers cited “engaging” as the most important content element via @heinzmarketing
  • 17. @heinzmarketing #CMWorld Important vs performance gap analysis Source: Heinz Marketing, Nov 2016 Marketers see major performance gaps in their ability to deliver engaging, actionable, customized content @heinzmarketing
  • 19. @heinzmarketing #CMWorld Generational detail & differences 13% of millennials are decision-makers, 28% influence purchase decisions via @heinzmarketing Source: SnapApp & Heinz Marketing, Sept 2017
  • 20. @heinzmarketing #CMWorld Source: SnapApp & Heinz Marketing, Sept 2017
  • 21. @heinzmarketing #CMWorld Source: SnapApp & Heinz Marketing, Sept 2017
  • 22. @heinzmarketing #CMWorld Source: SnapApp & Heinz Marketing, Sept 2017
  • 24. @heinzmarketing #CMWorld Where to focus now • Better persona precision • Buying committee & journey definition • Content audit & management • Internal process management • Track & reporting discipline
  • 25. @heinzmarketing #CMWorld Establish the Foundation - Personas • Develop “Pathological Empathy” – get out of the company-centric world! • Who are your primary personas – prioritize to focus content development • Companies are made of people – consider group dynamics • Multiple people will likely influence, decide on, and ultimately use or be impacted by your solution. • Decision makers, stake holders, influencers, end users • Attributes, motivators and concerns Department Head Primary Business UserDecision Maker
  • 26. @heinzmarketing #CMWorld Persona Framework Decision Maker How I Buy Concerns Decision Factors Questions Desired Outcomes How they research, evaluate, lead Identify motivators based on performance, reputation, success What matters the most? What areas are negotiable tradeoffs? What’s the long term value and impact? Will we be successful? Can we trust the vendors? The vision for success
  • 27. @heinzmarketing #CMWorld Motivational Framework Workbook – pg9 Customer Journey Stage Not In Market Stimulated Inquiry Problem Identified Research Solutions Evaluation Decision Journey Stage Mindset Status quo works Needs evolving Status quo pains Opportunities emerge Desire to define problem Active vendor research Focus on desired outcomes Anticipating positive change and achieving vision Journey Stage Actions & Behaviors Irregular market research Peer networking Informal info gathering and research Push internal fixes for status quo to work better Internal assessment or audit Consensus building to change Desire to define requirements & needed capabilities Extensive internal assessment Review internal dev or third party solution Pricing inquiry Ask for referrals Research reviews Trial evaluations and bake-off Vendor matrix mapping to internal requirements Committee reviews RFP options Negotiate purchase terms Internal mobilization for next steps Next Stage Catalyst Status quo problem emerges Lost business, cost increases Who can help fix the problem? Share requirements & RFP with vendors Confirmation that final vendors support desired outcomes Content Topic Suggestions • Industry trends • Surveys • Case Studies • Interviews • Innovation guides • Self-assessment tools • Analyst reports • Step by step business impact analysis • Thought leadership • Evaluation guides • ROI tools • Customer reviews & success stories • RFP tools • Sales content • Proof of concept • Customer stories
  • 28. @heinzmarketing #CMWorld Buying Committee Mapping • Marketing usage: general committee model for market segments • Long standing approaching to strategic account planning • A starting point for Account Based Marketing • Create models for your market segments • Industry • Company size • Solution • Book Resources: • Full Funnel Marketing – Heinz Marketing • The New Strategic Selling – Robert Miller
  • 32. @heinzmarketing #CMWorld Housekeeping reminders.. • A copy of this presentation • Other freebies: – Copies of today’s featured research – Our persona/buying journey templates – “If it looks like a spreadsheet…” – My NEW smoked chicken teriyaki recipe (or bacon) • Send me an email at matt@heinzmarketing.com (or bring me a biz card) noting what you want
  • 33. @heinzmarketing #CMWorld THANK YOU! Matt Heinz @heinzmarketing matt@heinzmarketing.com