the seven dangers of b2b inbound marketing

15
T H E 7 D A N G E R S O F B2B INBOUND MARKETING B2B MARKETING EBOOK

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Page 1: The Seven Dangers of B2B Inbound Marketing

THE 7 DANGERS OF

B2BINBOUND MARKETING

B2B MARKETING EBOOK

Page 2: The Seven Dangers of B2B Inbound Marketing

If you have a paralyzing fearof failure, you may not want

to read any further.If you seek the B2B marketing treasure of more visits, more leads, more sales and brand ambassadors thenlet's keep going...

Begin with a search of the term "Inbound Marketing Methodology" and your results will reveal what looks like a simple map. This bright and colorful chart indicates that the riches are there for any B2B marketing team that simply follows four easy steps to the land of unlimited leads and delighted customers.

DANGER!

Page 3: The Seven Dangers of B2B Inbound Marketing

...but it isn't that easy. Although the Inbound Marketing Methodology map is accurate, discovering the rewards of inbound marketing can be a difficult journey and you will discover failures along the way. We know from experience that success hasn't come easy for either our agency or our clients. We also know that perseverance pays off. Don't be afraid of Inbound Marketing. You aren't alone and others have gone before you. Not only should you be aware of the dangers so you can avoid them, you should learn from both the successful and failed adventures of other B2B marketers that have gone before you. There's an eye-opening FREE report that you need to read that will help you...

It's the State Of Inbound Marketing Report.

DANGER!

Page 4: The Seven Dangers of B2B Inbound Marketing
Page 5: The Seven Dangers of B2B Inbound Marketing

1. LACK OF CommitmentFor your inbound marketing program to be successful, it must beintegrated throughout the company and sustainable over the long haul.

According to the State of Inbound Marketing Report: While most marketers say they do inbound, only 25% of sales teams and 10% of those in customer servicesay that they take part in inbound marketing strategies.

Check out this article that shows why it’s important to implement inbound tactics in customer service and how to achieve results. If inbound isn’t implementedoutside the marketing department, it will be weak at best.

Page 6: The Seven Dangers of B2B Inbound Marketing

2. NO INBOUND STRATEGYYour Inbound Marketing journey won't be exactly like anyone else’s. Start by creating your buyer personas and a plan for creating content that's most relevant to your personas at the different stages of your sales funnel. Set realistic goals and continuously test for success and failures along the way. And never quit learning.

Inbound marketing is not a channel or a technology, it’s a strategy: It’s not enough to “do” inbound. To see real results, you need to deeply commit to the model and optimize continually.

Successful inbound execution requires a strategic change in how you focus your end-to-end marketing practices, such as building and staying true to your core customer personas and relentlessly tracking your lead generation goals.

Page 7: The Seven Dangers of B2B Inbound Marketing

3. ALL Hype, no helpIt seems so simple but it's so hard to do for marketers locked into traditional sales messaging. It's time to stop selling your customers and prospects and start helping them. That's the core principal ofinbound marketing.

Inbound tactics like blogging and SEO help you get found by people who need your products and services on their time, instead of wasting your time pushing your way in front of unengaged strangers.

As Jay Baer (Blackbeard Baer) says in his book, Youtility - Why Smart Marketingis about HELP not HYPE, "Consumers of all types expect to find answers online and companies that can best provide that information garner trust and sales and loyalty. Success flows to organizations that inform, not organizations that promote."

Page 8: The Seven Dangers of B2B Inbound Marketing

4. No Smarketing In our many years of B2B marketing experience, the lack of cooperation between sales and marketing has been one of our biggest challenges. I'm thankful to see more collaborative engagement across departments now that the tools exist to set and measure goals that meet the needs of both.

According to the State of Inbound Marketing Report: The wealth of trackingand analytics central to inbound marketing efforts can significantly bridgethis gap. Successful inbound marketing can follow customers through their entire lifecycle, from their first site visit, to the point they become a lead, through the sales handoff, until the final sale.

Page 9: The Seven Dangers of B2B Inbound Marketing

5. LACK OF INBOUND ENGINE FUEL

Think of marketing automation, CRM and Inbound Marketingsoftware as the engine and remarkable content as the fuel.

Nothing matters more to your inbound marketing success than content. Being unrealistic about your resources to create and deliver this content will surely sink your inbound marketing program. Your quality and quantity of content will slip and so will the level of interest and engagement from your customers and prospects.

There is much written about how to generate content, and one of the expertswe follow, Mark Schaefer, shared some helpful ideas in his article - Five StepsTo Establish a Content-Creating Company Culture.

Page 10: The Seven Dangers of B2B Inbound Marketing

6. Ineffective INBOUND Software

For years marketing executives have been hearing about the promise of marketing automation. By this time, many have invested in what they believe to be the best technology for automation, customer relationship management (CRM), inbound marketing and lead nurturing.

In some cases, these legacy systems have been too complicated to fully implement and integrate. And the internal resources to do so don't exist.

Many enterprise level marketing departments must still have to struggle with IT over control of their corporate website without access to a truly useful content management system.

Page 11: The Seven Dangers of B2B Inbound Marketing

INEffective INBOUND Software (continued)

Our B2B marketing agency uses Hubspot for it's all-in-one Content Optimization System (COS) but we work with clients that use other systems such as Pardot, Marketo, Eloqua etc.

Whatever solution you choose, your team must embrace the need to never quit learning all of the tools available by putting them to use day in and day out.

Page 12: The Seven Dangers of B2B Inbound Marketing

7. InSUFFICIENT TIME / MONEYWe believe the debate is over as to whether or not your company should include inbound marketing in your overall marketing efforts. The question is: how much should your business invest in inbound marketing?

If you are fortunate enough to have passive competition, you can start slow and build your inbound marketing program over time. You will be the pacesetter.

Take a look at some of this year’s inbound stats on the next page and see for yourself why so many companies are are investing. If you can dodge the dangers, the treasure is immense.

Page 13: The Seven Dangers of B2B Inbound Marketing

InSUFFICIENT TIME / MONEY(continued)

1) Around 85% of companies will execute inbound marketing strategies in 2015.

2) For small to midsize companies, the average cost per lead was 3x more for outbound marketing than inbound marketing.

3) More than twice as many marketers cited inbound (45%) as their primary source of leads versus outbound (22%).

4) Marketers who have prioritized blogging are 13 times more likely to enjoy positive ROI. 5) Marketers who measure inbound ROI are 17 times more likely to see the same or greater ROI as the previous year.

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Page 15: The Seven Dangers of B2B Inbound Marketing

ConCLUSIONThe Inbound Marketing Methodology map looks great on paper. Who wouldn’t want more visitors, leads, customers and passionate promoters? But it isn’t for the faint of heart.

In order to be successful, you must make sure you:1) Are ready to commit2) Have a strategy3) Are ready to help people and not just promote your company 4) Align sales and marketing 5) Have the resources to create enough content6) Have effective inbound marketing software and know how to use it7) Have the time and money to invest

Before you begin your journey, make sure you have what it takes to commit to inbound marketing and steer clear of these common pitfalls. If you find yourself stuck between a rock and a hard place, know that help is just around the corner.