SoftwareAdvice IndustryView: B2B Demand Generation Report 2014
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Transcript of SoftwareAdvice IndustryView: B2B Demand Generation Report 2014
Software Advice IndustryView: B2B Demand GenerationTrends and best practices from the industry
We surveyed 200 business-to-business (B2B) marketing professionals in order to understand which channels, content types and technologies they use to fuel their demand generation (or "demand gen") programs—and which they found most effective.
Abstract
• Trade shows, referral marketing and in-house email marketing were the channels most commonly cited as generating a high volume of quality leads.
• 92 percent use videos, which were also the content type most often cited as producing a very high quantity of leads.
• 79 percent of B2B marketers use at least 11 different marketing software applications to execute demand gen programs.
Demand Generation Channels Used
Percent of sample
The vast majority of marketers reported that they used all 15 of the demand gen channels we listed, with each being used by at least 85 percent of respondents.
In-house email marketingOrganic search
Social media (non-ads)Trade shows & events
Search engine advertisingReferral/advocate marketingThird-party email marketing
Display advertisingDirect mail
Other
70% 75% 80% 85% 90% 95% 100%
Quantity of Leads, by Channel
77 percent said trade shows generate a “somewhat” or “very high” quantity of leads, with 63 percent saying the same about in-house email marketing.
Percent of sample
Trade shows & events
Search engine advertising
In-house email marketing
Print, radio & TV advertising
Referral/advocate marketing
Third-party webinars
Organic search
Social media advertising
Third-party lead originators
Social media (non-ads)
0% 20% 40% 60% 80% 100%
Very high Somewhat high Somewhat low Very low
Quality of Leads, by Channel
82 percent of marketers singled out trade shows as generating leads of “good” or “excellent” quality, with 78 percent saying the same about referral marketing.
Trade shows & events
Referral/advocate marketing
In-house email marketing
Retargeting advertising
Telemarketing/cold-calling
Search engine advertising
Organic search
Third-party webinars
Social media advertising
Third-party email marketing
0% 20% 40% 60% 80% 100%
Excellent Good Fair Poor
Percent of sample
Cost-per-Lead, by Channel
34 percent and 30 percent, respectively, described social media marketing (outside of ads) and in-house email marketing as having a “very low” cost-per-lead.
Social media (non-ads)
In-house email marketing
Organic search
Referral/advocate marketing
Social media advertising
Telemarketing/cold-calling
Third-party webinars
Third-party email marketing
Third-party lead originators
Direct mail
0% 20% 40% 60% 80% 100%
Very low Somewhat low Somewhat high Very high
Percent of sample
Types of Content Used for Demand Generation
Percent of sample
Video was the content type most commonly leveraged for demand generation programs—used by 92 percent of B2B marketers.
Videos
Surveys
White papers
Case studies
Video demos
Product comparisons
Toolkits
E-books
70% 75% 80% 85% 90% 95%
Quantity of Leads, by Content Type
When asked to evaluate content types, marketers most commonly cited B2B videos and surveys as generating a “very high” quantity of leads (23 percent).
Percent of sample
Videos
Surveys
Product comparisons
Toolkits
Video demos
White papers
E-books
Case studies
0% 20% 40% 60% 80% 100%
Very high Somewhat high Somewhat low Very low
Quality of Leads, by Content Type
Toolkits, surveys and videos were the types of content most commonly described as generating leads of excellent quality.
Percent of sample
Toolkits
Surveys
Videos
Case studies
Video demos
Product comparisons
E-books
White papers
0% 20% 40% 60% 80% 100%
Excellent quality Good quality Fair quality Poor quality
Offers and CTAs Used for Demand Generation
Percent of sample
Nearly all B2B marketers use calls-to-action such as “contact us” buttons (96 percent) and price-quote buttons (89.5 percent).
"Contact us" buttons
Price-quote buttons
Live demos with reps
Video demos
Webinars
Free trials
70% 75% 80% 85% 90% 95% 100%
Quantity of Leads, by Offer/CTA Type
Twenty-seven percent and 22 percent, respectively, described live demos with sales reps and free product trials as producing a “very high” quantity of leads.
Percent of sample
Live demos with reps
Free trials
Webinars
Price-quote buttons
"Contact us" buttons
0% 20% 40% 60% 80% 100%
Very high Somewhat high Somewhat low Very low
Quality of Leads, by Offer/CTA Type
In addition to generating the highest number of leads, live demos with sales reps were also the offer or CTA most cited as generating "excellent" leads (45 percent).
Percent of sample
Live demos with reps
Price-quote buttons
Free trials
"Contact us" buttons
Webinars
0% 20% 40% 60% 80% 100%
Excellent quality Good quality Fair quality Poor quality
Software Solutions Used
Nearly all (97 percent) used email marketing software, with 96.5 percent using customer relationship management and 96 percent using marketing automation.
Email marketingCRM
Marketing automationWeb analytics
Business intelligenceSocial media monitoring
Social media managementContent marketing
Search engine optimizationReferral marketing
PPC
70% 75% 80% 85% 90% 95% 100%
Percent of sample
Number of Software Solutions Used per Company
Altogether, most marketers (79 percent) used all 11 of the software solutions we listed.
*Denotes an option offered in the survey, but not selected by any respondents
79%
4%4%
3%3%
2%3% 012*345*67891011
Value of Software Solutions to Demand Gen Success
Most (72 percent) described all 11 of the listed marketing software applications as at least “moderately important” to the success of demand generation programs.
Percent of sample
CRMBusiness intelligence
Web analyticsEmail marketing
PPCMarketing automation
Social media monitoringSearch engine optimizationSocial media management
Referral marketingContent marketing
0% 20% 40% 60% 80% 100%
Extremely important Very important Moderately importantMinimally important Not at all important
Performance vs. Expectations, by Number of Solutions Used
Marketers using all 11 technology solutions were more likely to say their demand gen programs performed “far” or “slightly above” expectations (37 percent).
All 11
Fewer than 11
0% 20% 40% 60% 80% 100%
Far above Slightly above In line withSlightly below Far below Not sure
Percent of sample
Demand Gen Performance vs. Expectations, by Business Size
Small businesses were most likely to say their efforts performed below expectations (44 percent), compared to 28 percent of larger companies.
Small
Midsize
Large
0% 20% 40% 60% 80% 100%
Far above Slightly above In line withSlightly below Far below Not sure
Percent of sample
Plans for 2015 Demand Generation Spending
Forty-one percent of marketers said they would increase their spend, 43 percent said they’d spend the same and 17 percent said they would decrease spend.
4%13%
43%
36%
5%
Much moreSomewhat moreSame amountSomewhat lessMuch less
Plans for 2015 Demand Generation Spending, by Channel
Search engine advertising was the most common area for increased spending, with 42 percent planning to spend at least “somewhat more.”
Percent of sample
Search engine advertising
Social media (non-ads)
Trade shows & events
Telemarketing/cold-calling
Social media advertising
Retargeting advertising
Print, radio & TV advertising
Third-party email marketing
Referral marketing
Direct mail
0% 20% 40% 60% 80% 100%
Much more Somewhat more Same Somewhat less Much less
Demographics: Respondents by Job Title
Most of the marketers in our sample held senior positions, with 63 percent having a director-level title or above.
8%
12%
12%
16% 23%
29% ManagerC-level executiveDirectorSenior vice presidentVice presidentCoordinator/specialist
Demographics: Business Size by Number of Employees
Many respondents (40 percent) represented big businesses with 1,000 employees or more, with 13 percent representing businesses with over 10,000 employees.
13%
12%
15%
10%22%
29% 1-99100-499500-9991,000-4,9995,000-9,999More than 10,000
Demographics: Business Size by Annual Marketing Budget
Forty-one percent had a budget of under $1 million, and 40 percent had a budget of $1-50 million, leaving 19 percent with a budget over $50 million.
6%8%
5%
4%
11%
7%6% 12%
12%
12%
17%Less than $250,000$250,000-$500,000$500,000-$1 million$1 million-$2.5 million$2.5 million-$5 million$5 million-$10 million$10 million-$30 million$30 million-$50 million$50 million-$100 millionMore than $100 millionNot sure
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