Targeting your high-value customers
Savvy B2B marketers have been taking an account-based marketing (ABM) approach for some time now, and it’s a trend that’s set to stick around in 2020. If you’re not already doing ABM, then you could risk trailing behind your competitors - a recent survey of B2B businesses revealed that just 6% are yet to carry out ABM activity in any form.
Your customers are now so accustomed to highly personalised interactions with businesses in their personal lives, with brands from Netflix to Amazon making recommendations based on their preferences, that it’s no longer enough to simply ‘insert first name here’ in your emails.Yet since GDPR came into effect, it’s become much more difficult to collect the data you need to really get to know your customers and prospects. Stay on the right side of the law by investing in data enrichment tools, or ask visitors to your website to submit their data in exchange for your best content.
Getting the most out of your content
By now, we all know that content is king, but as we move into a new decade it’s time for B2B organisations to embrace new forms of content. Yes, we all know the power of a white paper in the B2B arena - in fact, 79% of B2B buyers say they’re more likely to share a white paper than any other form of content with their colleagues. But when you’re creating truly valuable, insightful content you need to think about how you can maximise its reach by repurposing it in different formats.
Because when you’re trying to reach time-poor decision makers, eye-catching, easily digestible visual content can be far more effective than long-form written content. This is particularly true on social media - video content earns three times more engagement than text posts on LinkedIn, for example. So use short, snappy video clips (under 30 seconds is best practice for social sharing) and infographics to cut through the noise on social - you can link back to longer-form content for those who want more detail. Ultimately, different people will respond to different forms of content, which means there’s a place for both visual and written content in your marketing campaigns.
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And moving away from…
Creating content for the sake of content
Content may be king, but that doesn’t mean that your business should be churning out blog after blog just to boost your content. Any piece of content you create needs to be relevant and interesting to them - if it’s not, then you risk losing your audience’s interest. This is where a content plan can make a real difference, as by planning ahead you can ensure you’re producing topical, fresh content throughout the year.
‘One-size-fits-all’ marketing
Now that your customers are receiving highly targeted, customised communications from the brands they interact with, a ‘spray and pray’ approach to marketing just isn’t going to cut through the noise. Generic messages are unlikely to resonate with your customers, so save time and money by personalising your communications and increasing your chances of engaging new leads.
When you’re faced with a new year and a new budget, it can be tempting to try out the industry’s latest buzzword, and taking a fresh approach can often breathe new life into your campaigns. Just be sure to take the time to consider whether it’s right for your business first - that way, you’ll be leading the pack rather than simply following the crowd.