KNOWLEDGESTREAM AT-A-GLANCE
The Future of B2B Content Marketing and Lead Generation
ABSTRACT
Future of content marketing and lead generation for B2B companies and agencies.
PARTICIPANTS
OBJECTIVES
1. How are you planning to change your budgets: Are you increaseing your spend and if so on what?
2. Customized Content: How are you creating high quality customized content?
3. How are you converting leads from content: What do you planning and what are you keeping an eye on?
4. What are your future plans?: Is video important and how are you planning to use it?
End Date: Nov 27, 2018
CONTRIBUTIONS
ACTIVITY
231 Days
13 Themes
42 Contributors
813 Posts
649 Comments
426 Followers
OUTPUTS
12 Slide Deck
7 Video
CALLS ATTENDED
• 2018-10-04 17:54:45 - A recording of the Theme Interview for Theme #4: "How are marketing teams producing content today and how are they measured?" was uploaded
THEME #1
Are you increasing your spend and if so on what?
THEME SUMMARY
B2B marketers got more invested in the effectiveness of inbound and content marketing
- Leveraging Storytelling, Thought leadership and Market Education have become essential goals of the B2B content strategy. Reaching an ‘authority status’ in the ind, can be a competitive advantage.
- High-quality content will always win. Greater focus is placed on the quality of the content. Sales still count but what we have to say is more important than which channel or tactic we use to say it.
- We don’t need in-house writers to produce great content.To ensure both quality + consistency of the overall produced content, freelance writers are trained to get the ‘look and feel' of the brand
- More and more B2B marketers use personalization and ABM to speed-ip their sales process.
Teach, don’t sell. Educating your customers and reaching an ‘authority status’ in the industry can be The competitive advantage.
Informative webinars that don't pitch a product are showing a huge payoff from a couple companies that I work with, and is really driving the lead funnel. The information provided during such sessions -- as long as it's good -- helps to position the organization as a leader in their respective markets.
Research indicates that 60% of the purchase decision by the modern consumer has been made before getting in contact with a business. [...] While the sales rep still continues to be critical, it is no longer enough to rely on the sales team.
A professional freelancer should possess interview and storytelling to turn any good brand brief into a compelling narrative.
Storytelling has become an essential marketing tool for B2B companies. B2B buyers are more likely to buy when they see professional, social or emotional benefits in addition to the actual product.
THEME #2
How to improve the B2B customer experience
THEME SUMMARY
Moving to a customer experience-focused business takes a top-down and shift of mindset from the CEO.
- The traditional model looks to identify the willingness to pay, but it is important for those to incorporate CX & customer journey into their core decisions.
- A few tools exist that address some customer needs, while also integrating into the workflow.
The obstacles and challenges to customer-centricity
Ingraining a CX mindset into the organizational culture and processes is a CEO job and it's a shift in mindset, it will take some time until companies embrace true customer centricity.
Oftentimes CEOs, instead of looking for pain, they keep looking for fit (what is the 'willingness to pay'? how interested are customers in the product’s features?), which is still a big challenge.
What tools exist?
As a NPS tool, I love AskNicely. It has integration with Intercom, it collects both the score and the comments, it shows the response rate metric, and it has integration with Slack which I found to be so valuable.
THEME #3
What is the value of authentic voice of customer / customer engagement?
THEME SUMMARY
We explored the need for authentic customer engagement now and in the future.
- On a scale to 1 to 10 (1 being least, 10 being greatest), we determined that it has never been a higher priority for CMO offices to create customer engagement through voice of customer & market.
- Influencer marketing must come off as authentic and help aid the company's brand in establishing thought leadership; verse pitching a product or sales pitch.
Authenticity: Having an authentic voice and point of view delivered by customers/influencers is key to establish brand credibility and earned media attention.
As long as the influencers are not selling the product/service and just aiding the company's brand in establishing thought leadership, it will not feel like a promotion/sponsored pitch. This has worked well for us.
Anything that smells of marketing -- even from someone positioned as the CMO -- and is salesy will not get even the least bit of attention in the media -- in regards to the work that I do in PR and content marketing.
Voice of Customer: Letting the customers lead the conversation will help your brand establish credibility, earn media, and win with your market.
THEME #4
How are marketing teams producing content today and how are they measured?
THEME SUMMARY
We explored two primary questions that focused on (1) the various approaches for producing content and (2) how are teams measured.
- Approaches: With time being the most important asset, buyers need content that gets straight to the point, not another 16 page report. Customer communities are another good outlet for feedback.
- KPIs: Run A/B campaigns to determine the effectiveness of content SEO vs. paid search. Acquire new audiences via SEO/SEM, social-sharing, media relations, promotion, etc. Focus on category growth!
- Formats: All the B2B winners are amazing sources of inspiration. These are brands combine creativity with their data and leverage emotions and touched people in authentic ways.
- Creative vs. In-House: Freelancers and agencies need to feel as part of the team, while also getting direction from In-House. Agencies can bring a fresh source of thinking.
Approaches: With time being the most important asset, buyers need content that gets straight to the point, not another 16 page report. Customer communities are another good outlet for feedback.
Consumers of content want alignment with their industry, business outcomes, and validated results. They don't want to read 16-page white papers to find an answer.
We have few clients so we run a user community and a technical advisory board of sorts where our existing clients gather and tell us what they would like to see in our products/services and how we can help them. A lot of our content is driven through this dialogue.
KPIs (1): Run A/B campaigns to determine the effectiveness of content SEO vs. paid search. Focus on category growth!
Use content for SEO purposes and then measure its effectiveness against paid search ad cost-per-click rates, so that the content can be scored similarly to how ads are scored internally.
Another approach for larger enterprises is to focus on category growth such as contact lens giants trying to switch spectacle lens wearers. The KPI's then would seek to identify the size of these populations and then determine close rate, reach, frequency and then retained purchase.
KPIs (2): Microsites & LI Groups. Acquire new audiences via SEO/SEM, social-sharing, media relations, promotion, and advertising. Engage via distributed content aligning to professional interests.
Formats: All the B2B winners are amazing sources of inspiration. These are brands combine creativity with their data and leverage emotions and touched people in authentic ways.
We need to invest more in video , high-quality productions and creative storytelling. Do you remember HP Campaign on the security of printers? Or Mailchimp even throwing in some humor with their "Did you mean Mailchimp' campaign?
B2B marketers tend to undervalue the importance of design. With mobile devices and video playing an important role in today’s B2B research process (and we know +90% of B2B buyers conduct research online before making a purchase) and B2B researchers using smartphones throughout the buyer’s journey.
Creative vs. In-House: Freelancers and agencies need to feel as part of the team, while also getting direction from In-House. Agencies can bring a fresh source of thinking.
With an internal content creation group, creativity can start to stagnate over time and the brand no longer infused with fresh thinking. Agencies are always exposed to a variety of businesses/ business problems/customer studies etc which increases their potential for creativity and authenticity.
It's possible to work with a freelancer or agency, but they have to be treated like part of the team. Ideally, at least there should be some strong direction coming from in-house.
THEME #5
Events: What works? And what's missing?
THEME SUMMARY
Trade shows and events have always been a way to put yourself out there and stay ahead of trends. While nothing beats in-person interactions, the ROI from sponsorship and VoC can be elusive.
- While nothing can replace face-to-face interactions, events are costly, labor intensive, and are difficult to capture inputs and measurable ROI.
- Event ROI is realized if your team goes in with a game plan.
- There are ways to capture VoC before, during, and after the event, but, today, requires editorial chops.
While nothing can replace face-to-face interactions, events are costly, labor intensive, and are difficult to capture inputs and measurable ROI.
Event ROI is realized if your team goes in with a game plan.
There are ways to capture VoC before, during, and after the event, but, today, requires editorial chops.
Get to work crafting editorials about how you or your solution is applicable to any number of the key points that will be discussed at the event and get that editorial published in the sector's publications that are likely to be attending the event.
VOC is captured during the event. Questions are captured in a lead repository and associated with the requestor. Often the prospect will arrange a follow up meeting with contacts in the office.
THEME #6
Social media strategies for B2B companies
THEME SUMMARY
There are a range of strategies one can deploy on Social Media, but the reasons all point back to more sales.
- IT'S ALL ABOUT SALES
- ENGAGEMENT MATTERS IF IT LEADS TO SALES
Measuring Business Impact
The main objective of our social media strategy is always to get sales. Followers and likes are great for top funnel branding and social proof, so they are the runner-ups.
The main KPI that matters is sales, but for the use of social media in particular, the question is where the impact comes from. Will it increase the likelihood a prospect will buy from you? Will it convert someone into a lead? Will it generate sales directly?
THEME #7
Help Design the KnowledgeStream Offering
THEME SUMMARY
KnowledgeStreaming is not yet a verb and the ability to make it one is not yet well understood. We do have some ideas to nudge it in that direction
- Potential tactics we can take
- Compelling value prop attributes to focus on
- Potential limiters if not careful
THEME #8
B2B Thought Leadership: Best Practices of Executive Teams
THEME SUMMARY
Corporate Thought Leadership is high sought-after but surprisingly under-leveraged
- Executive Thought Leadership is powerful when done well, however, most companies fail to effectively plan for it.
- Companies have far more Thought Leadership that they think, this includes all functions on the executive team and in some case, your entire employee base
SURVEYS
There are many pitfalls, eco-centric & disconnected CEOs is one
the CEO craves the lime light and uses being the "face" of company for his/her own personal gains. when this is happening it is clearly not authentic to all but the leader. It can have a significant impact on employee morale and engagement.
in a worse case......what happens when the CEO "face" leaves, makes a snafu on social media or unsavory behavior.
Many CEOs do a great job of Thought Leadership
Steve Jobs was a visionary and because he was a thought leader, he created the vision for Apple in terms of product features and what markets to enter. To be honest, there are enough smart (and a lot cheaper) people available to actually invent all sorts of crap once you tell them what it is.
Ritz or Chick-fil-A which establish their brands as leaders. Is Dan Cathy known as a leadership thought leader, service thought leader
Most companies fail to effectively plan for Thought Leadership
Good Executive thought leadership starts by knowing the company process from top down. In many corporations, senior executives have no idea how the lowermost employee chain is functioning. How the call center communication is happening,
consistent, agile foresight and application Thought leadership is not stagnate. Great leaders surround themselves with people and have "mechanisms" for identifying and synthesizing wide range of data, events and happenings to focus on those that are most impactful today and for the future.
THEME #9
Review and comparison of "LinkedIn Groups" versus "Currnt KnowledgeStreams"
THEME SUMMARY
The panel sees "currnt" as very different than "LinkedIn Groups" & not really comparable
- currnt panels have professional moderators, panelist are recruited and with incentives to contribute
- Liniked In Groups have no content moderations, no incentives to contribute and no reporting
LinkedIn Groups
LinkedIn groups were popular a while back but are now in decline. Mostly used by people trying to sell something instead of sharing ideas, engaging in dialogue etc.
From a functionality point of view LinkedIn lacks a proper enrollment process , often anyone who has a small interest will be allowed access. Some groups have hundreds/thousands of members, with such a large audience its not possible to have a proper online dialogue.
Current KnowledgeStreams
KnowledgeStreams are created to explore a particular topic over a period of time with expert facilitator guiding the group, encouraging engagement, synthesizing and reporting the learning. This results in a richer knowledge.
Currnt provides a more efficient process to distill knowledge from a global panel in a matter of days, if necessary.
THEME #10
Best Practices in Leveraging Thought Leadership in Corporate & Content Marketing
THEME SUMMARY
Companies who break through are generous with their time, have empathy & share openly
- It is more than just content, leaders have a vision to make things better
- Leaders are generous with their time and are not self-serving with their message
- Leaders are consistent (staying with the mayor theme via a constant speaking presence)
Best Practices in Corporate and Content Marketing
add more_vert Bench marking Nothing breaks through the clutter like a bench marking study. Why? everyone wants to know how others are dealing with similar changes, best in class approaches and real examples to inspire them or validate what they are doing is right.
What EY and McKinsey are so good #1 They DON'T use the word marketing. #2 It's pushed as a free knowledge tool, not as marketing collateral #3 It always appears to be well-grounded in research.
Best Practices in Corporate and Content Marketing
Panera Bread is constantly innovating to better serve their customers. At first they called your name...now they use a tracker and bring it to you. They introduced digital ordering via app and self service kiosk. Introduced home delivery. They have an ever evolving menu & use natural ingredients..
Shea has an ethnic target, they launched a TL campaign: "Break the Walls". It was about ethnic inclusion & empowerment. It started a movement & that took hold/changed the landscape. The CEO spoke to industry & consumers. It caused a some controversy & press! In 2017, they were acquired by Unilever.
THEME #11
How can "Influencer Marketing" and "Thought Leadership" be combined & magnfied
THEME SUMMARY
Thought Leadership and Influencer Marketing are combining, however they are both different and require dedicated strategies & resources to maximize and integrate
- Thought Leaders are focused on predicting, analyzing and visioning the future
- Influencers are focused on network growth, on sharing relevant content, hot trends, interesting ideas, views likes/dislikes, on entertaining, on education, and on monetizing their networks
Ideas to combine Influencer and Thought Leadership Program
TL can become good influencer marketers. It depends on what kind ofTL the individual is pursuing. Guy Kawasaki & Seth Goodin do well in what they do. Guy Kavasakhi is promoting Canava. Gary ‘Vee’ Vaynerchuck on the other hand is a thought leader and an influencer. He markets his agency Vayermedia
TLs of today in order to be representing corporations as influencers, should be creating a marketing strategy for themselves first. Today's CEOs/TLs + influencers need to be like Richard Branson or Elon Musk who do this successfully. But there is lot of space for improvement and be noticed..
By engaging with readers, journalists, and industry influencers on social media, companies can greatly amplify their efforts on creating and pitching contributed content.
Ideas for currnt
My recommendation to Currnt would be to tap into the experts on the panel. I have a huge LinkedIn network that I would be more than happy to share relevant information. It could be a "points for performance" addition for the experts. Post/Comments/Likes count.
Currnt panelists are part of a community that can be built. Prepare a toolkit to enable each panelist to create its own influencer brand. Just like REI, imagine our TL efforts being supported by Currnt and in return we provide a rich community for Currnt that it can sell to its clients.
Build a community of panelists to shares ideas outside of the sponsored panels. 'TL Exchange' where lot of TL content will be posted that does not have Sponsor IP Currnt can repurpose this content in multiple places and channels, Imagine compiling POVs on a current topic & selling it to media
Concerns about Influencer Programs
The key is "trust." You need to know the person referring you to a new service. We all know how compensation has corrupted professors, think tank experts, and even doctors.
Recently kickback incidents have surfaced (Insys, eg) What added fuel to the fire was that the use of a product was being advocated by thought leadership (bogus conferences) but not actual advocacy from people who'd used the product, i.e. influencer marketing if it existed, was not credible
One of the key factors for the success of influencer marketing is establishing authenticity. Instead of merely promoting a brand, the influencer needs to be authentic and honest.
Best-in-Class Examples
Simon Sinek: Start with WHY. He gave a TED talk in the early 2000s that became widely popular and he shot to fame. He has a company, but we don't know anyone in the company. If Simon stopped talking, we would not listen to anyone else.
The Points Guy: He started talking about how to build points and use them to travel the world (free, in Business class, first class). He started small and as he built a massive following, the airline companies started hiring him to advertise their airlines and/or credit cards.
Humans of New York: He moved to New York and started taking pictures of people and recording their stories. He started on fb, amassed a massive following which led to books and him being hired by other countries, companies to do similar stories for them.
THEME #12
The core differences & similarities between B2B Thought Leadership and B2C Thought Leadership
THEME SUMMARY
How is B2B Thought Leadership Different or Similar to B2C Thought Leadership
- B2B Thought Leadership has traditional been more predictive or problem-solving in nature , more research- oriented and more data-centric
- B2C Thought Leadership is typically more consumer-benefit and emotionally centered
Characteristics of B2C Thought Leadership
olay What a long way this brand has come from when it was Oil of Olay sitting on my gradma's bureau. rebranding and innovation and demonstrating skin expertise. the skin adviser feature is a a tangible way to signal thought leadership and expertise.
B2C - On the other hand, part of B2C’s content marketing efforts are blog posts, the copy on a company’s website, the tweets, and every other piece of content that a company publishes with the B2C market’s emotions in mind.
Similarities
Characteristics of B2B Thought Leadership
B2B is more rational, more technical. difficult to access and with a decidedly limited audience. The objective of B2B Thought Leadership is to INFORM.
The primary goal is ROI. What matters is the concrete data, the numbers, the tangible features a company offers that demonstrate that. The informative ads and promotional content are concentrated on the ‘what, why, how’ of business processes. Appealing to hard data over marketing on emotions wins
Differences
Best-in-Class Examples
TED is built on thought leadership. The nonprofit talks and conferences & represent the world’s most relevant & influential thinkers, ideas are distributed through videos & blog posts impact a widening range of industries and disciplines. TED influences audiences in ways that most brands dream of.
Patagonia launched The Footprint Chronicles, which is a content hub that publicly reveals Patagonia’s life and habits as a company. The focus is to be transparent and educate their audience about their supply chain management and what they are doing to preserve the world’s natural resources.
IBM stays ahead of the competition. IBM’s content marketing campaign computers to biotech—illustrate how they use innovation to crush its competition. Campaigns show advanced & game-changing technology. Public & private universities, research institutions, hospitals & medical centers targets
THEME #13
Final advice on "Thought Leadership Planning" for 2019 & pending board closure