The Death of Demand Generation
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Transcript of The Death of Demand Generation
The Death Of Demand
Generation
Branding >> Buzz >>
Business Outcomes
B2B Sales Process Now●What Has Changed● Social Selling ●Key Takeaways ●
B2B Buyer Journey
Image Courtesy :B2B Marketing Directions
Awareness – Information Gathering Evaluation Selection
The Traditional B2B Sales Process
Research• Database Creation of
"Suspect Universe"
Initial Contact• First contact for
awakening interest
First Meeting• F2F or Remote –
Detailed communication of “Value Proposition”
Follow Thru’• Establish if a “Need”
exists and that you can address that “Need”
Bid Preparation• Submit your technical
/ commercial proposal, Objection handling, Negotiations
Customer Acquisition• Contract Signup,
Project Kick-off, Timelines etc.
Customer Retention• Build Ongoing
relationship with customer
80% B2B Buyers confirm taking more time to research & 82% view more sources
53% of them said Social Media played a role in their purchase decision
52% viewed 2 – 4 pieces of content before making a decision and a further 28% viewed 5 – 7 pieces of content
83% of B2B Marketers use content marketing for lead generation
81% of businesses report their blog as “useful” or “critical” to B2B Lead Generation
65% of companies acquired B2B customers through LinkedIn in 2013……………..
(All stats from CMI & 2015 B2B Buyers Survey Report by DemandGen Report)
The Tale Of The Tape
No one likes to be sold to – everyone likes to Buy
Better informed prospects - sales person no longer the sole controller of information
Level playing field – your content as likely as anyone else’s to be “found” Answer the Qs. your target audience has
Direct access to decision makers Engage first on social media & prove
your credentials – warmer connection
What Has Changed?
The Dawn Of The Social Selling Era
Create a perception of your B2B brand on social media that reflects your positioning Social Media Strategy Find and engage with communities
of your target customers – it’s a conversation▪ For example: LinkedIn groups
Leverage Content Build an “Inbound” engine
Your customers will likely find you before you find them Your content has to do the talking
for youEngage with your customers at
their level – answer their questions
Your customers ARE on social media – don’t let anyone tell you different
Have a strategy for the long term
If You Retain Anything At All….