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The Content Gap
Why it’s harder to get in front of customers?

                                            57%

            Buying Decision Timeline


The Old World: Customers wanted to see you to find out what products
and services were available, and when you saw them they had budgets
they were empowered to and comfortable with spending.

The New World: Now, they do their research online, only see you to
haggle over price and have to get the numerous other ‘stakeholders’ to
buy into the decision before signing off on.

A study of more than 1,400 B2B customers revealed that 57% of a
typical purchase decision is made before a customer even talks
to a supplier.
                                            Harvard Business Review July/Aug 2012
The Impact
• Sales find it harder to get in front of customers
• Marketing in a ‘promotional’ manner i.e. promoting your
  products /services, is less effective
• Sales involvement comes too late in the buying process to
  really add value and influence the solution required
• Without having been able to influence the specification or
  add value the sales role is reduced to price negotiation



                  Sales figures suffer as deals are scarcer,
                  harder won and margins are reduced
REGAINING A VALUE POSITION
 REQUIRES MARKETING THAT SUPPORTS THE SALES
                                    PROCESS
AND TAKES OWNERSHIP FURTHER INTO THE FUNNEL
Rethinking the Roles of
                                   Sales and Marketing
  Move Prospects through the Sales Cycle




 Awareness      Education   Consideration   Preference   Action       Loyalty




             Marketing

                                                                    Sales &
                                             Sales                   Mkt

Marketing take ownership further into the sales cycle

Sales need to redefine the value they add, not expect to turn up and take an order
But: Only if they are providing valuable
                              insights (i.e. shouting ‘buy from us’ won’t
                                                   do!)

• Companies that blog build up to 88% more leads
              Marketing is traditionally a creative department,
              product provide technical info. Who is producing the
              valuable, customer-relevant content?

• Business that nurture leads with relevant content generate
  up to 20% more leads
                             Better question: What have you got to
                             say that will interest your customers?


• Asking, ‘Shall we do a video or eshot or whitepaper is the
  wrong question!           Hint : They are interested in their
                                      business – not yours
• 80% of sales collateral ends up in the bin
Awareness          Education           Consideration      Preference               Action            Loyalty




       Marketing
        content                        Content
                                                                       Sales
     focussed on                         depth
                                                                    intervention
     commercial                       increases
                                                                     must be                       Sales and
        insights                         with
 Mkt                                                                credible,&                     technical
should
 lead based on
                          Nurturing
                                         more          Infiltrate                           Sell
                                                                     assisted                      documen
         market                        product
                                                                    with sales                       tation
     knowledge,                       /technical
                                                                    enablement
       & social                         content
                                                                       tools
       listening                        needed



                                                                    Marketing have they skills to drive
                                                                    the process with integrated
Content Requirement                                                 campaigns
                                                                    BUT need the content to feed it
How complete is your marketing function?

Content                           Content Distribution
Creation                          (Marcomms Activity
                                  Plan)


              Prospects move through the Sales Cycle




Many businesses’
Marketing is creative and
not equipped to generate
such content

Who manages Content
Creation in your business?
PLUG YOUR CONTENT GAP
   Maria @ marketingbites.biz or 0779501951

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The Content Gap in Content Marketing

  • 2. Why it’s harder to get in front of customers? 57% Buying Decision Timeline The Old World: Customers wanted to see you to find out what products and services were available, and when you saw them they had budgets they were empowered to and comfortable with spending. The New World: Now, they do their research online, only see you to haggle over price and have to get the numerous other ‘stakeholders’ to buy into the decision before signing off on. A study of more than 1,400 B2B customers revealed that 57% of a typical purchase decision is made before a customer even talks to a supplier. Harvard Business Review July/Aug 2012
  • 3. The Impact • Sales find it harder to get in front of customers • Marketing in a ‘promotional’ manner i.e. promoting your products /services, is less effective • Sales involvement comes too late in the buying process to really add value and influence the solution required • Without having been able to influence the specification or add value the sales role is reduced to price negotiation Sales figures suffer as deals are scarcer, harder won and margins are reduced
  • 4. REGAINING A VALUE POSITION REQUIRES MARKETING THAT SUPPORTS THE SALES PROCESS AND TAKES OWNERSHIP FURTHER INTO THE FUNNEL
  • 5. Rethinking the Roles of Sales and Marketing Move Prospects through the Sales Cycle Awareness Education Consideration Preference Action Loyalty Marketing Sales & Sales Mkt Marketing take ownership further into the sales cycle Sales need to redefine the value they add, not expect to turn up and take an order
  • 6. But: Only if they are providing valuable insights (i.e. shouting ‘buy from us’ won’t do!) • Companies that blog build up to 88% more leads Marketing is traditionally a creative department, product provide technical info. Who is producing the valuable, customer-relevant content? • Business that nurture leads with relevant content generate up to 20% more leads Better question: What have you got to say that will interest your customers? • Asking, ‘Shall we do a video or eshot or whitepaper is the wrong question! Hint : They are interested in their business – not yours • 80% of sales collateral ends up in the bin
  • 7. Awareness Education Consideration Preference Action Loyalty Marketing content Content Sales focussed on depth intervention commercial increases must be Sales and insights with Mkt credible,& technical should lead based on Nurturing more Infiltrate Sell assisted documen market product with sales tation knowledge, /technical enablement & social content tools listening needed Marketing have they skills to drive the process with integrated Content Requirement campaigns BUT need the content to feed it
  • 8. How complete is your marketing function? Content Content Distribution Creation (Marcomms Activity Plan) Prospects move through the Sales Cycle Many businesses’ Marketing is creative and not equipped to generate such content Who manages Content Creation in your business?
  • 9. PLUG YOUR CONTENT GAP Maria @ marketingbites.biz or 0779501951

Editor's Notes

  1. Fits in with where the Marketing Resource plan is moving towards
  2. Fits in with where the Marketing Resource plan is moving towards