23. December 2016
by Stephan Nobs
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Out of office but still up-to-date

out_of_officeWhatever your planning looks like, the holiday season is always approaching  more quickly than expected.

You probably have a long list of small action items to finish before you, inevitably, forget to activate your out-of-office reply, and have to walk back to your desk. I always wonder who is in the office to read all the out-of-office messages anyway.

It is the time of year where we all endure some mild pre-Christmas stress… but it is also the time of year where you’re most likely to bump into remarkable ‘best of year’ content gems. What did we learn in 2016 and what do we expect 2017 will bring?

For those of you who secretly check their mobile phone under the Christmas tree, here is a presentation  from the Content Marketing Institute that is definitely worth a closer look. It’s an overview of the B2B Content Marketing 2017 Benchmarks, Budgets & Trends for North America.

The information is dense. Every slide of the 45-page presentation treats us to some interesting facts. Here are some highlights

  • Lead generation and brand awareness are the two main reasons why you will heavily invest in content marketing next year
  • 63% of marketers are “very” or “extremely” committed to content marketing success in 2017
  • 23% call themselves successful content marketers already, 53 % are moderately successful and look forward to join the leading 23% in 2017
  • 73% see content marketing not as a series of isolated campaigns, but as an ongoing business process
  • 28% mention specialist “marketing technology” as an important driver for improvements.

All good stuff. But the following statement really makes me look forward to everything 2017 will bring:

  • 76% always or frequently prioritize content quality over content quantity.

2017 will not be just another year of standard customer journeys with pre-scheduled e-mail bursts.

Producing ‘high quality’ content is necessary but not sufficient. If a tree falls in a forest and no one is around to hear it, does it make a sound? There is a time and a place for every content piece to shine.

Whether people actually consider ‘high quality’ content to be ‘high quality’ depends on whether it fits their specific need and use at that moment.

To make this possible, we have some great new solutions lined up for you. BrandMaker will help to engage better, sell more and reach your content marketing goals in 2017.

Wishing you happy holidays!

P.S. don’t forget your “out-of-office”.

 

 

 

 

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Two Trends That Eat Your Digital Marketing Budget

10. November 2016 by Stephan Nobs | 0 comments

what_the_hell_cartoon_blog“Past performance does not guarantee future results.”

If you have ever bought shares of stock, bonds, or shares in a mutual fund, you were presented with the above disclaimer.

For Digital Marketing you could say that the results you achieved with your budget in the past are unlikely to be achieved again in the future. Digital Marketing costs are subject to serious inflation. You need to have more budget today to achieve the same results as last year.

Remember the days when digital marketing was cheap? Well, those days are gone. Together with your Blackberry.

download_blog

Everyone is going Digital

Budgets for digital marketing keep rising year over year. The consensus is that Digital marketing is still good value for money. If you are a wise marketer, you happily shift part of your budget to digital to improve your overall marketing ROI.

This has been the case for the last 10 years, and it will probably be like this for years to come. However, if you have been in digital marketing for a while, you have seen a significant change in costs.

You requested more budget this year, not only because you want to. You requested it because you have to. That is if you want to at least equal last year’s results.

The digital space is getting crowded

To be digitally successful, you need to be louder and smarter than the competition, however loud and smart the competition already is at any given time. And it comes with a price tag.

Here are just 3 examples to show you the massive price increase of the digital media space over the past 3 years:

•    The minimum bid for Cost-per-Click (CPC) advertising rose by as much as 300% from March 2013 to June 2015.
•    The average Cost-per-Click (CPC) increased 157% from 2012 to 2015.
•    The average Cost per Conversion increased from $13.14 in 2010 to $30.25 in 2014.

And these are just 3 examples from the relatively short term.

Two trends, one outcome. More budget please!

There are 2 major long-term trends in contradicting directions that reinforce the need for more digital budget.

Trend #1 – Effectiveness is going down
The always-connected consumer is facing more of your competitors, through an increasing number of channels in an ever-growing list of niche markets. Effectiveness per digital marketing activity is going down, so you need to be in more different places to be able to compete. Which brings us to the second trend, how do you manage all this?

Trend #2 – Complexity is going up
The easy road to effectiveness has become a network of narrow streets you carefully need to navigate to get the job done. The bidding war on the limited digital media space caused a higher need for specialized skills. The niche markets demand specialized and supremely relevant content, all of which needs to be produced and coordinated.

The promise of easier customer reach and a cheaper way for business growth via digital marketing is rapidly vanishing. If something is cheap and easy, it won’t stay that way for long.

Beat the trend
If the effectiveness per single digital marketing activity is going down, and the effort required to convert a single customer is going up, then you’d better come up with a plan to beat the trend.

  • Step one is to monitor, fine tune and adjust digital marketing spend and content to ensure lowest Cost per Conversion.
  • Step two is to look for ways to bring prospects from your paid media efforts to other, cheaper forms of customer engagement as early in the process as possible. Fill up the top of your funnel with relatively expensive specialized content (as indicated in step one) and pull them through the rest of the funnel using more cost effective methods.

Besides the technology and data part, you should not underestimate the importance of your content strategy. If you have not checked out our Customer Engagement Matrix [http://digitalmarketing.brandmaker.com/b2b-customer-engagement-matrix] yet, you definitely should. It has proven to be an invaluable approach for marketers who are facing ever rising digital marketing costs. It’s time to escape the rat race and take back control. Even if you are not using one of the BrandMaker tools, this matrix will deliver instant value.
Beating trends can be very hard. Competitive advantages usually can’t be picked off the shelf. But this time, it can. It is as simple as using the Customer Engagement Matrix.

 

Sources:
Searchengineland.com

Dealer.com

Hochman Consultants

 

 

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28. October 2016
by Romek Jansen
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A Buyer Needs a Sales Rep, Like Rocky Needs Adrian

If you are a sales rep, working evenings to bash out proposals, this post will give you the perfect argument to close your laptop, get the popcorn out and go watch a movie. There are important things to be learned from just watching movies. Know what to look for, and you will wake up a better sales rep in the morning.

rocky-1431458How a broke boxer broke the box office records

Rocky, Star Wars, Platoon, Dirty Dancing… Frozen, all of these movies have become instant classics and Hollywood blockbusters. They created the Hollywood rich and famous, both on-screen and behind the scenes.

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16. August 2016
by AJ Brown
0 comments

Six types of content that create better leads and shorten sales cycles

As a marketer you probably heard the statement that the majority of marketing collateral produced will never be touched by the sales team. Unfortunately this is not the business equivalent of an urban myth. It’s true.

There are three reasons collateral is often left untouched. Most sales reps either do not know about the existence of the marketing material at all, or they cannot find the material the first time around and give up searching altogether. Both problems can be fixed by using a professional Digital Asset Management System that can easily be accessed on mobile devices.

A third reason sales doesn’t use all the available marketing materials is because the content just doesn’t do the job. Whatever sales persons say to prospects must later on be restated and endorsed using marketing content. If the sales person can’t do this or key points in materials contradict what was said earlier, there is bound to be a disconnect, a lack of trust and, inevitably, the sales experience is going on the blink. When the marketing content presented by the sales rep turns out not to be helpful in turning a lead into a customer, it will be neglected. And that’s exactly what happens…. often!

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Make Customer Engagement Educational and Close More Deals

1. August 2016 by Stephan Nobs | 0 comments

success_blogAs a B2B buyer, the best possible customer journey you can experience is when the trip feels educational, convenient and when it continuously makes you look forward to reach the destination. You had a business need, went searching for a solution, learned a lot and now it’s fixed. Probably even more important, you have no buyer’s remorse and feel like the entire process was just what it needed to be. No spam, no clutter, only relevant and enjoyable messages. Continue Reading →

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3 Failure Points to Avoid in your Digital Marketing Planning

14. July 2016 by Stephan Nobs | 0 comments

If I say the number “918”, it probably won’t immediately ring a bell. Still, it’s an important number.

918 turns out to be the average number of unique content-touchpoints to facilitate a typical customer journey for a brand today. It takes an average of 7 touches to convert a “suspect” to a “prospect”, and often another 9 and 11 touches before a deal closes. Continue Reading →

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How to Dismantle the Exploding Workload of Digital Marketing

7. June 2016 by Stephan Nobs | 0 comments

Psychologist often say “we live in a modern world with a prehistoric brain”. Well, for marketing you could say “we live in a digital world with a pre-digital organizational mindset”. The rise of digital, in combination with the “cleansing effects” of the 2001 and 2007 recessions, has completely changed the scope and the role of marketers. Although roles and expectations have changed, reality shows that the organizations and processes in which most marketers operate, still party like it’s 1999. Continue Reading →

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Why You, Dear CMO, Should Get a Mentor From a Startup

14. March 2016 by Stephan Nobs | 0 comments

Starting up a business is easy. Being successful with a startup isn’t. The hard and bleak truth is that 9 out of 10 startups fail. The reason? As the back cover of the bestselling book TRACTION reads, “Most startups don’t fail at building a product. Most startups fail at getting traction.”

Digital Marketing turns out to be the decisive skill for a successful startup. It finally puts marketing at center stage. Isn’t that what we’ve always wanted? Continue Reading →

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Three Epic Themes Changing The World of Marketing Planning Forever

4. February 2016 by Ralf Gesswein (BrandMaker) | 0 comments

It’s February. The New Year’s resolution and prediction season on LinkedIn has finally ended. Time to start executing and make it all happen.

Epic-Changes-to-Marketing-Planning-World-Map

But instead of executing the polished and agreed-upon plan, you just hit the save button for your newly adjusted plan. It’s only four weeks into the new year and you already changed your 2016 Marketing Plan. What happened? Click here to find out!

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Compliance: Making „There is an exception to every rule” a matter of the past

25. November 2015 by Ralf Geßwein (BrandMaker) | 0 comments

BrandMaker_LogoTo sue companies for compensation because of infringement of license rights has become a profitable business model over the past years. Often, there is one and the same cause for the infringement of license rights: media assets like images, video and audio files are bought decentralized and saved on local computers. Even though many companies know about this fact, they often don’t know how to deal with license rights in a professional way. This results in various negative effects: companies don’t have an overview of the type and amount of media objects circulating through their departments. They also don’t know the actual demand for media assets nor for what purpose they are allowed to be used. In addition, images are often over-licensed or under-licensed, which leads to unnecessary costs.

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