Sonia Simone of  Remarkable Communication recently posted this list on her blog. Thanks to B2B Social Media for highlighting it. 

Sadly, the concept of customer focus or of being customer-centric has become badly tarnished.

A lot of the blame for this lies with marketers and comms agencies who produce ludicrous slogans that claim devotion to customer’s interests: just think about all the syrupy guff that comes out of the financial services sector.

For companies who want to cultivate customers – rather than harvest them – an understanding of what they want will always boost the bottom line.

Using Sonia’s list, I reckon there’s a really useful exercise here for anyone involved with customers:

• divide the list into five sets of ten
• rank each set of ten in their order of importance
• act accordingly…

Fifty things customers wish you knew. From Sonia Simone of  Remarkable Communication

1. I don’t need you to be perfect, but I do need to know I can rely on you.
2. Telling me what you don’t know makes me trust you.
3. It means a lot when you take the time to thank me for my business or a referral.
4. You don’t need to do all that much to be a superhero. Just do exactly what you say you will do.
5. A friendly voice on the other side of the phone means more than you can imagine.
6. Your employees treat me about as well as you treat them.
7. I don’t mind spending the money, as long as I feel I’m getting real value.
8. My life is really stressful. If you can reduce that stress, you become immensely valuable to me.
9. I want to tell you what would make this relationship better for me. Why don’t you ever ask me?
10. I don’t understand a lot of the messages you send me. Can you make them clearer?
11. My life is very complicated. If you make it easy for me to just buy a simple all-in-one package that I can use without learning anything, I’ll take it and be grateful. (I’ll even pay a premium for it.)
12. I want to trust you, but it’s hard for me to trust anyone.
13. Once you’ve won my trust and loyalty, the truth is you can screw up once in awhile and I will forgive you. If I don’t think you’re taking me for granted, that is.
14.  When I refer my friends and you give them exceptional service, that makes me look and feel smart. I love that.
15.  I spend an awful lot of time being scared to death.
16.  The wealthier I get, the more I like free stuff.
17.  A lot of the time, I secretly feel like a lost little kid. I don’t admit it, but I want to be taken care of.
18.  I’m lousy at admitting I was wrong, but I respect you when you do it.
19.  I like to get little goodies no one else is getting.
20.  I don’t understand how to use your Web site, but I can’t admit that because it would make me feel dumb.
21.  There’s no worse feeling than feeling like I was suckered into trusting you. If I’m screaming at you or one of your employees, that feeling is probably behind it somewhere.
22.  Our relationship isn’t equal and it never will be.
23. I get crazy jealous if I think you love another customer more than you love me.
24.  I don’t have any interest in your excuses. In fact, I usually don’t notice them at all, and if I do, they annoy me.
25.  I find myself endlessly fascinating.
26.  I hate salespeople, but I really like to buy things.
27.  I only like to communicate over the phone/Web/mail and I hate when you try to make me communicate with you over the mail/phone/Web.
28.  I want to buy your product, but I need you to help me justify it to myself.
29.  There’s something in my life I’m afraid of losing. If you can make me feel like you’ve protected it for me, my gratitude will be intense and eternal.
30.  I’ll give you anything you ask if you can help me not feel silly.
31. I want you to do the hard work for me. Even better if I can get all the credit.
32. I’d rather do it the convoluted hard way than learn something new.
33. I’d love to know something about your product that I could use to brag at a dinner party.
34. I have the attention span of a goldfish. Go too long without contacting me and I’ll simply forget you exist.
35. Money is no object when it comes to my obsessions.
36. What you think you’re good at is not what you’re good at. Ask me, and I’ll tell you what you do better than anyone else.
37. I like it when I feel like you’re talking just to me.
38. It infuriates me when you answer the phone while I’m talking with you face-to-face.
39. Embarrassment scares me more than death.
40. I’m lazier than I would ever admit.
41. I’m more selfish than I would ever admit.
42. I’m more vain than I would ever admit.
43. I’m more insecure than I would ever admit.
44. Despite all that, I secretly think I’m a better person than most people. Help me believe that and we’ll be fast friends.
45. I believe I deserve much more than I’m getting.
46. I want to tell you everything you need to know in order to sell to me, but I’m lazy. Make it easy enough and I will. (Especially if you flatter me a little.)
47. I don’t know what I want most of the time. You need to figure it out for me.
48. I mostly daydream about making life better for myself, but I’ll take action to keep from losing what’s mine.
49. I believe that most of what’s wrong in my life is someone else’s fault. Let me keep that cozy illusion and I’ll believe anything you say.
50. It really is all about me.

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Back to The Long Hello - making B2B marketing work for the bottom line

Mapping audiences and their connectivity within a ‘sphere of influence’ is the first step in creating a marcoms strategy that gets the right messages to the right people 

Using the sphere to motivate buyers 

Marketers can use the sphere of influence to target the bullseye – the centre of the market that contains buying decision makers – BDMs. 

Our goal is to ensure that each audience has a positive influence on the centre, that their opinions will confirm the validity of our brand messages and motivate consistent buying decisions. 

It’s about driving accurate perceptions of the brand into the place they matter most: the world of BDMs. 

Populating the sphere 

The graphic highlights some of the audiences typically found in B2B markets. It could certainly contain others, such as wholesalers and agents; the general public; and special interest groups or lobbies. 

Any audience within the overall market that influences the centre – either directly or indirectly via another audience – should be included within your sphere. 

Having populated the sphere, it’s useful to look at how the audiences are connected and how they might influence one another. 

Assessing the significance of the influence 

To understand this, marketers need to be talking to the centre – the BDMs within the customer base. As mentioned in other posts on The Long Hello, marketers need to get out and about amongst these people and find out who is influencing their decisions and why this matters. 

This is important because customers are not identical – buying motivators will vary from one customer to the next. There will certainly be some generic, commercial influences in terms of the Five Factors of Value, but there will also be some (surprising) variations in the degrees of influence exerted by different audiences within the overall market. 

All of this information can be mapped-out on the sphere. You may find that individual customers warrant their own sphere – a dedicated map that details how buying decisions are influenced and made within that particular company. 

Who’s influencing the audiences? 

Just as marketers need to know who’s influencing BDMs, we also need to know how brand perceptions are being created within individual audiences. There’s more ‘fieldwork’ for marketers here in terms of meeting these people and building an ongoing understanding of how they relate to the brand. 

In particular, marketers need to be alert to any variance between brand perceptions and brand messages. If the two are not aligned, then you need to act in order to adjust this imbalance by using the appropriate tools in marketing’s portfolio. And these soundings and adjustments need to be taken on a continual basis in order to ensure that perceptions in the overall market are in line with the brand messages you are delivering.

Related posts:

Managing brand perceptions

Brands build business

Back to The Long Hello: making B2B marketing work for the bottom line

The Ultimate Skid Steer Smackdown: a DM campaign for John Deere by GyroHSR

When John Deere wanted to move into a new category of earth-movers, GyroHSR conceived a campaign centred around head-to-head contests between JD and the competition. The following article looks at how the campaign evolved and the results it delivered.

Since its launch in April 2008, the John Deere ‘Smackdown’ microsite has had more than 150,000 visitors with 125,000 unique views and over 350,000 page views.  Smackdown videos have attracted 100,000+ views on YouTube.

By Christoph Becker, Chief Creative Officer, GyroHSR

Contrary to what some may think, direct marketing is not just a tactical tool, it is a strategic approach.

It can build brands and it can create an intimacy that no other approach can. Believe it, because if you don’t, you can’t sell it. And if you can’t sell it, you might be left to turn the lights out as everyone else embraces a new era somewhere in the future.

This is an approach we had to adopt when launching a US campaign for agricultural and construction equipment giants John Deere.

The challenge was clear: John Deere wanted to enter a new digger category

The audience was contractors, landscapers, farmers and dealers. So a simple offline DM piece, targeted and tracked, might have done the job.

It might have done. But then, it might have gone down as another classic example of the real potential of direct marketing going well and truly unexploited. Instead, we created a campaign that incorporated the stalwarts of direct marketing and used them to create something much, much bigger.

“Smackdown” involved staging a series of head-to-head battles featuring the top machines in a ‘robot wars’- style duel. The events – the hill climb, visibility test, power lift and serviceability – were based on real-world situations that drivers experience and were staged in front of a live audience.

Initially, the audience was engaged via offline mailers, but that was only the beginning. At the heart of the programme was the ‘SkidSteerSmackdown.com’ microsite, featuring videos of digger battles. The site was fully interactive, enabling visitors to engage in a number of ways. For example, fans could create e-postcards which could be customized and distributed to friends and co-workers. This simple tool converted dealers and operators into the campaign’s strongest advocates.

A series of eDMs were distributed to alert both dealer and prospects when new content was available on the site, and finally – traditional elements such as print ads were also incorporated.

And through this activity, John Deere gained a cult following

Since the site launch in April 2008, the microsite has had more than 150,000 visitors with 125,000 unique views and more than 350,000 page views.  Smackdown videos have garnered more than 100,000 views on YouTube.

Offline, the Smackdown-themed lead generators yielded a 4 percent response rate, outpacing many other similar mailers during the year. Drive-to-site banner advertising had click-through-rates of approximately 3 percent, and eBlasts promoting the site had response rates of more than 7 percent.

This was a campaign that had direct marketing at the heart – there was an identifiable audience, a clear proposition and a measurable response. But to encapsulate it in this way does no justice to the true reach of the activity. We could have sent out the mailers and waited to track the sales. But we didn’t. We took the brand to a new marketplace and created a following populated by genuine advocates. We drove awareness, created buzz and instigated WOM.

More on Social Media:

The WOMsta monsta -  a new dimension in Word-of-Mouth

PR & B2B. The perfect couple – the importance of PR in B2B

Back to The Long Hello: making B2B marketing work for the bottom line

Promoting the business, professional and technical magazines published by McGraw Hill, the message is as fresh and relevant today as it was fifty years ago: sales start before your salesman calls.

In July this year, the Business Marketing Association staged a ‘live’ version of the ad 

‘The Man In The Chair – Live’ is well worth watching because it tells it like it is: B2B customers and markets need to know about your company, what you are selling, how it will help them and why they should believe you. And all of that comes before even considering to buy from you. 

The graphic below is from a whitepaper by Tippit Inc and it illustrates the phased nature of the B2B buying process. It’s such an important graphic for marketers because it provides a roadmap for developing and positioning marcoms that are relevant for each phase in the buying process - ranging from initial awareness through to purchasing and beyond.

Working with funnels

The concept of marketing and sales funnels is not new: essentially they are a development of AIDA and the Hierarchy of Effects which categorise the buying phases as: Awareness, Interest, Evaluation, Desire/Conviction, Action/Purchase. Nowadays, its usual to add something like ‘Support’ and ‘Retention’ to account for maintaining loyalty in the post-purchase phase.

The shape of a funnel will vary according to two main factors: the amount of buyers in the market; and the timescale of the sales cycle. Markets with lots of buyers have funnels with wide openings or mouths – so that you can ‘pour-in’ lots of potential buyers:

 Time

From a marketing perspective, Tippit puts it like this:

The funnel is the most commonly used metaphor to describe B2B sales cycles. But funnels come in dif­ferent shapes and sizes depending on the nature of your target market. For example, the complexity of a purchasing decision guides the frequency and breadth of interactions between buyers and sellers. This, in turn, determines the shape of the funnel.

To be a successful marketer, it’s important to understand how certain variables shape the funnel, and what type of funnel governs your market. This understanding can help marketing professionals like you choose the most effective set of marketing tactics for your organization’s goals.

Using the funnel to segment marketing messages: the Perception Cycle

In the Tippit whitepaper, ‘buyer activity’ is categorised or segmented as follows: 

• Browsing
  information gathering as normal part of job
• Downloading
  business opportunity or challenge identified
• Project
  business case for the product or service established
• Shortlist
  qualified vendors selected
• Decision
  purchase is made

Marketers can use the categories to segment the type of messages that are most relevant in the perception cycle.

The perception cycle is the market’s process of acquiring information that builds associations and opinions about a brand and what it represents.  

First impressions

In the ‘awareness’ phase, buyers are gathering information that begins to build their knowledge about a subject and its related products and services.

They are starting with a blank canvas and are forming opinions and perceptions. This process of discovery is a critical point in the perception cycle because first impressions really do matter.

This is a major opportunity for marketers to influence first impressions or to shift initial perceptions that have not yet become entrenched. For example, someone searching the web is likely to fall into the ‘awareness’ category, as opposed to someone who goes straight to your site because they already know of you – perhaps from an ad they just saw. 

Will a Google search find you? And if it does, what will they find there? Will it be relevant and what further action will it motivate?

Most importantly, will it keep them in your funnel?

In the funnel: five-by-five

Wikipedia defines the term ‘five-by-five’ as: ‘a signal that has excellent strength and perfect clarity - the most understandable signal possible.’

As the funnel narrows – not everyone who is ‘aware’ converts to a buyer - the relevance of marcoms messages and the accuracy of their positioning need to be increased.  

Equally, as the funnel narrows, the influence of those still in the funnel increases: at some point, the influence will be sufficiently strong to sanction the purchase. Some people will only fully enter the funnel at an advanced stage of the sales cycle – perhaps towards the end of the Project and Shortlist phases once their colleagues have already completed the processes of Awareness and Consideration.  

Very often, these late-entrants hold the purchasing authority. They might be guided by the opinions of others, but they will still draw their own conclusions and make their own judgements – as decision-makers, that’s what they do.

At this point in the cycle, the relevance of your message is critical. Excellent strength, perfect clarity and the most understandable signal possible: concise and compelling.

Relevance and positioning: what are you saying in the funnel and how are you saying it?

Two earlier posts, Building brand relationships and B2B buying: What? How? Who?, focus on identifying audiences within B2B markets and how to create relevant messages for them.

Having established the various audiences in the funnel, it’s a relatively easy task to identify how to communicate with them across the marketing portfolio: in essence, a detailed knowledge of each audience within the overall market will provide guidelines for the most effective means to communicate with them.

It all comes back to relevance: relevant message, relevant medium – five-by-five.

Working your way through the marcoms funnel

By their nature, B2B funnels are much narrower than those in B2C. However, not all your products and services will necessarily fall into the same-shaped funnel. As a generalisation, B2B tunnels will become narrower as the complexity and cost of your products and services increases.

Here’s what Tippit has to say about managing communications in narrow funnels:

Target hard-to-reach buyers
Hone in on key buyers in decision committees by profiling the organization. This means get­ting resourceful and creative to uncover and connect with influencers who would benefit from your remarkable content and, ultimately, your offerings.

Create and distribute remarkable content
A library of marketing assets is critical for complex and expensive purchases with long sales cycles. Your content must educate and convince buyers that your solution is proven and makes sound business sense to them and others in the decision committee.

Execute a multi-channel pursuit
Engage buyers with a combination of communication techniques (online retargeting, email, and phone all work well). Use multiple touches to deliver to sales a verified list from within a hard-to-reach target.

Managing the ‘perception cycle’ for higher ROI

B2B marcoms are a cycle of interactions with your market that should be carefully balanced so that the right message is getting to the right people at the right time.

By thinking in terms of a funnel, marketers can raise ROI by increasing the relevance of their messages and targeting them more accurately. And this approach certainly brings structure to managing the five basic principles of creating and presenting marketing communications: what, who, how, when and where.

Click on the link below to download the whitepaper from Tippit Inc

What’s the Shape of Your Funnel? Why funnel shape means everything in B2B marketing

Read more on creating and positioning marcoms:

Market reflections: managing brand perceptions

Leveraging B2B’s buying motivators - results-driven marcoms     

Marcoms: Outcomes are the differentiators - how outcomes create ‘Value’

Preventing price pressure - the influence on ‘Value’ on B2B buying

Back to The Long Hello: making B2B marketing work for the bottom line

One reason why marketing doesn’t always pull its weight in B2B is that there is often such a strong emphasis on relationships with customers. Developing and sustaining these relationships can shift attention from managing the brand’s relationship with the overall market. And this can undermine the potential to strengthen sales, margins and customer loyalty. 

B2B is all about relationships. Isn’t it? 

Yes it is. But which ones? The ways in which a B2B company is regarded by the market as a whole can have a powerful influence on buying decisions. 

The impact of this influence on buying decisions is proportional to the complexity and cost of a company’s products and services. As complexity and cost rises, so too does the influence of the overall market. 

Looking beyond the sales relationship 

Galen de Young of prominent American agency, Proteus B2B Marketing, says, “Growing your existing business with a particular customer or client may very well be about cultivating the relationship, but getting customers in the first place is not.” 

“Relationships with prospects will almost never swing a sweet deal your way. If your ability to get in the door – to get to the table – relies upon your relationship with the prospect, you might get the job if your price is the same as your competitors’. If your price is higher, your prospect might say he’ll give it to you if you can get your price in line. Is that really what you want?”

Looking at the market as a whole: the world beyond customers 

An earlier post looked at the commercial significance of ‘market reflections’ and how these can be positively-influenced by consistent, relevant brand-messages. In addition to direct customers or end users, B2B markets often contain many components:

• distributors and wholesalers
• overall solution-providers
• specialist consultancies or professions
• support and service providers 
• user-groups
• financial analysts
• commentators in the media
• standards boards and regulators
• industry associations and the general public

Each of these represents a market reflection - the way the brand is seen by individual components of its market.

Brand-based relationships: opening doors, protecting margins, maintaining loyalty

The idea of ‘The Long Hello’ is to cultivate market reflections that continuously reinforce consistent, positive perceptions of your company. 

And this positioning can only be achieved through marcoms that deliver brand-messages that are relevant to each component of the market.  In terms of the results this approach delivers, Galen de Young from Proteus puts it this way: 

Properly positioned companies don’t have to sell. They merely have to facilitate the buying process.

“If your company is well positioned in the marketplace – if it’s seen as being one of the leading suppliers of specific solutions and a company for which there are few credible substitutes in the market – you’ll not only get to the table quickly and easily, you’ll be proactively invited.”

“You’ll also protect your margins. Profit margin is a function of positioning. Properly positioned companies don’t play the low-price game. They don’t have to. Their prospects see them as having something different. Their prospects don’t have to be convinced; their prospects want to buy.”

Read the full Proteus article

Related posts: 

Recession marketing. No such thing?      Brands are dead. Brands are more important than ever

Marcoms: leveraging B2B’s buying motivators      PR & B2B. The perfect couple

Marcoms: outcomes are the differentiators

Back to The Long Hello: making B2B marketing work for the bottom line

These are the criteria that influence and motivate B2B buying decisions. This extract from an ealier post looks at analysing how products, services and processes create Value in relation to each of the Five Factors.

It is a simple approach, but it produces bottom line results: marketers can deliver fact-based messages that go to the heart of what B2B markets are really buying.

Analysing Value

Begin by choosing a product or service and the way in which it is supplied. Then start a review of your selection in relation to the definitions for each Value Factor – as listed a little way below.

This review should include a performance-ranking of 1 to 5, with 1 being ‘poor’ and 5 being ‘exceptional’. By exceptional, I mean being at least equal to your competitors or better than them.

Here’s an example for the first definition under ‘Response’: if you think you beat the competition in listening to how you affect customer’s success, then you score a 5.  But, you need to support your ranking with a credible statement as to why you should score a 5 – as to why you excel… 

To help get the process started, here’s the type of questions you should perhaps be asking in terms of ‘Response’: 

• How do you identify and then meet your customers’ needs?  
• Who manages your communications with customers and what are the results of this communication? 
• In terms of customer expectations, how do you rate yourselves at fixing problems and delivering the outcomes the customer wants? 
• How does your performance in these areas compare with your competition? 

The Five Factors of Value:

1.  Response

• Continual communication with customers: listen to how you affect their success
• Identify and meet changing customer needs
• Speed of problem solving and solution delivery 

2.  Service

• Accessibility: an open and reassuring organisation
• Clear product information and project status
• Pro-active and innovative 

3.  Time

• Competitive lead times
• Dependable
• Consistent delivery format 

4.  Quality

• Consistent products, services and processes
• Meets the brief or specifications: fit-for-purpose
• Achieves the customer’s operational goal 

5.  Price

• Competitive
• Rational
• Structured 

My suggestion is to begin by involving your sales team in the analysis. Then, once you have built a series of rankings and supporting statements, begin broadening the evaluation process to include opinions from other core functions such as finance, technical, production and distribution. 

It’s an enlightening process and is the first step on building an understanding of how to accurately address B2B’s five buying motivators.

Back to The Long Hello: making B2B marketing work for the bottom line

• Cultivating consistent customers – CCC
• Preventing price pressure – PPP

CCC is about keeping your customers loyal and finding more like them: sales and volumes. PPP deals with building and maintaining margins: delivering the right Value to the right people. 

Are we asking the right questions?

Data, analytics and metrics are the components for assessing marketing performance. But, if you ask the wrong questions, then the answers don’t matter. If CCC & PPP really are the two objectives in B2B marketing, then performance isn’t something that can be determined internally:

The market rates your performance in terms of what it gives you – volumes, margins and loyalty.

And if you accept that, then perhaps marketers should be examining the answers to questions like these:

• Is the Value your company delivers clearly communicated to all elements of the market – is there a consistent reflection of the brand and what it represents? How do you know this?
• Does the entire market-facing team believe the brand messages and act accordingly?
• What are the sales objectives for both CCC and PPP? What info do you have about targets, timeframes and ambitions relating to each set of products and services. How do you know they are being met?
• For existing customers, how are you performing against forecast volumes and margins? How satisfied are customers with your company in terms of contributing to their continued success?
• What are the requirements for lead-generation in terms of volume and conversion? How are leads ranked and how do you measure their origins and the cost of attracting and converting them?
• From the point of first contact with a lead, how well is the ‘conversion chain’ working? Who monitors progress and performance in the chain?
• What’s the ROI from marketing? In some ways, this is the simplest question of them all. It’s the combined and measured impact that all of the above are having on CCC and PPP.  

Measure outcomes: don’t confuse activity with achievement

Producing and placing an ad is not an outcome. The response generated by that ad isn’t even an outcome. The impact that the response has on CCC & PPP is an outcome. So, measure that.

Developing a new product is not an outcome. Launching the product is not an outcome. The product’s impact on CCC & PPP is an outcome. So, measure that.

And so it goes on: the process of linking marketing activities to outcomes and then measuring. Because Outcomes are the Differentiators – how you contribute to customers’ success is what differentiates you in the market.

A gentle warning: be careful what you measure

Measuring performance in terms of CCC and PPP is perhaps not as straightforward as it looks: it’s easy enough to define what you need to measure but it can be hard to put the rulers in place. It can be even harder to keep them there.

What happens if the results from measuring B2B marketing-performance demonstrate shortcomings within a company? Who is responsible for change?

Measure with muscle

If you do measure, do it for a purpose. It’s important to understand how shortcomings will be addressed and then re-measured to assess the impact of improvements. This can be CEO territory in terms of motivating and monitoring the necessary changes.

Presenting marketing measurements can be a tricky task. Results can be skated over: ‘Product development a problem? Surely not?’ ‘TQM forever letting us down? Really?’

Top-level support to act upon the results of measurement is essential. If the commitment to act is not there, why bother?

Read more on measurement:

Leveraging B2B’s buying motivators - how to analyse the influence of ‘Value’

So what is Value? - the five buying motivators in B2B

Back to The Long Hello: making B2B marketing work for the bottom line

Brandchannel recently ran a piece about Tagline Guru, and their analysis of 150+ corporate taglines to discover: “the most frequently used words in this year’s taglines, and whether they reveal how companies are strategically re-casting their brand message to forge a closer connection with their customers.” And here, alphabetically, are the most commonly used words or concepts:

Far     Future     Imagine     Innovate     More     New     Save     Together     You

 Read the full story on brandchannel

In the recessionary aftermath of the global banking crisis, many marketers are talking about the need to offer ‘value’ and re-assess their approach to customers. An example of this is how car manufacturers are having to adjust their marketing - highlighted in a post about branding being the ‘Heart of B2B Marketing’. 

Perhaps the ‘new copy’ will read like this:

“Far in the Future, Imagine: we’ll Innovate More, with New stuff to Save money. Together – with You.”

Taking it to the other extreme: it’s all about You. Huh?

These ‘re-adjustments’  are an admission that marketers had lost touch with the realities of their markets and that their markets no longer trust them.

Some of the reactions seem to have swung too far – a lot of B2C marketing is now moving headlong towards an obsession with ‘You’ and the notion that products can be whatever customers want them to be.

In his regular, must-read column for Marketing magazine, Mark Ritson had this to say about it all:

Vodafone, Yahoo! and T-Mobile have repositioned themselves around being whatever you want them to be. Vodafone is spending millions declaring ‘Power to you’. Yahoo! is proclaiming: ‘There is a new master of the digital universe. You’.

Meanwhile, T-Mobile is launching its myTouch smart-phone by asking consumers to imagine a ‘one-of-a-kind phone for your one-of-a-kind life’.

‘We are about you,’ say these brands. ‘Whatever you want, that’s what we are.’ It’s very ‘co-creative’, ‘empowering’ and all the other things 22-year-old marketers crap on about.

Unfortunately, it’s not going to work, because when you don’t stand for anything, you get eaten alive by competitors who do. We are attracted to substance – not vague and open assertions of empowerment and affection. You must represent something specific to a particular segment or you will lose.

In B2B, it’s even more important to represent something – or you will keep losing.

Earlier today, I was flipping through a respected trade magazine and was reminded – yet again – of how little effort generally goes into differentiating one B2B company from its competition. Numbing sameness, lack of relevance and boring product shots tagged with lists of features simply will not do the job.

Marketers must differentiate if they are to provide a solid platform for sales. Just because Jack and Jill have a good ‘relationship’, doesn’t mean that Jill’s company will keep on buying from Jack’s. Sure, the sales relationship is important. But it is limited. Normally, it’s limited to customers and has little impact on other influences within the overall market – or even on other functions within the customer.

The varied components of B2B markets can exert powerful influences on buying decisions, and marketers need to be addressing each of these market reflections in ways that are individually relevant.

Who are you?

In July, the Business Marketing Association staged a live version of McGraw Hill’s ‘Man in the Chair’ print ad from the late Fifties that clearly highlights the importance of ‘representing something’.

‘The Man In The Chair – Live’ is well worth watching because it tells it like it is: B2B customers and markets need to know about your company, what you are selling, how it will help them and why they should believe you. And all of that comes before even considering to buy from you. 

In ‘Differentiate or Die’, Jack Trout says that if you don’t differentiate then you better have a low price.

Scary. Margins cut to the bone and ‘loyalty’ based on price and price alone. Not a good place to be – and not much chance for sales to build any relationships.

For B2B marketers, it’s a fairly simple choice: tell the truth about the brand and everything it represents to each component of the market. Do that, and you will be differentiated – because no two companies are the same and neither are the outcomes they deliver.

Read more on developing results-driven marcoms:

Outcomes are the differentiators      Brands & market reflections - right message, right people  

The Long Hello: building brand relationships      Leveraging B2B’s buying motivators

Back to The Long Hello: making B2B marketing work for the bottom line

All marketers understand the need for getting the right messages to the right people. What’s not so straightforward is defining the messages and who should be getting them.

Marketers need to be looking at what their market is buying, because B2B marketing is not about selling, it’s about buying.

An incisive approach to defining relevant and motivating messages is to identify how B2B products, services and processes contribute to customers’ success. As marketers wishing to understand buying motivators, we need to look at what is being bought, how it affects customers’ success, and who is buying it: the What-How-Who of Buying.  

What motivates buying in B2B? Fear?

A lot has been written about how fear is a key buying motivator in B2B – fear of not making the right choices and the subsequent consequences for those involved in the buying decision. The old adage that it’s safe to buy IBM is often trotted out to support the argument that, in B2B, fear is the key. And this is further supported by the idea that minimising fear by minimising risk is a key element in successful B2B marketing.

Surely, this can’t be true in the age of the information superhighway, where customers and user-groups are swapping experiences and opinions on the likes of LinkedIn, Facebook and Twitter? Given all the information that is available about B2B companies and their products and services, I’d agree that confusion may be present in the buying process, but I’m finding it hard to accept that fear is still a factor.

No. Fear does not motivate B2B buying – Value does.

Communicating the Value produced by products, services and processes is a sure-fire way to differentiate a B2B company from its competitors. It’s also a guaranteed way to cut through confusion in a rational way that will motivate the market to listen and to buy. 

In B2B, Value comprises Five Factors: Response, Service, Time, Quality and Price. These are the criteria that influence and motivate B2B buying decisions. In order for marketers to address these criteria – to start ‘talking’ to the motivators – we need to analyse how products, services and processes deliver Value in relation to each of the Factors.

How to start analysing Value

Begin by choosing a product or service and the way in which it is supplied. Then start a review of your selection in terms of the definitions for each Value Factor, as listed a little way below.

This review should include a performance-ranking of 1 to 5, with 1 being ‘poor’ and 5 being ‘exceptional’. By exceptional, I mean being at least equal to your competitors or better than them. 

Here’s an example for ‘Response’: if you think you’re better than the competition in listening to how you affect customer’s success, then you score a 5. 

But: you need to support your ranking with an honest statement as to why you should score a 5… To help get the process started, here’s the type of questions you should perhaps be asking around ‘Response’:

• How do you identify and then meet your customers’ needs?
• Who manages your communications with customers and what are the results of this communication?
• In terms of customer expectations, how do you rate yourselves at fixing problems and delivering the outcomes the customer wants? 
• How does your performance in these areas compare with your competition?

The Five Factors of Value:

1.  Response

• Continual communication with customers: listen to how you affect their success
• Identify and meet changing customer needs
• Speed of problem solving and solution delivery

 2.  Service

• Accessibility: an open and reassuring organisation
• Clear product information and project status
• Pro-active and innovative

 3.  Time

• Competitive lead times
• Dependable
• Consistent delivery format

 4.  Quality

• Consistent products, services and processes
• Meets the brief or specifications: fit-for-purpose
• Achieves the customer’s operational goal

 5.  Price

• Competitive
• Rational
• Structured

My suggestion is to begin by involving senior sales people in the analysis. Then, once you have built a series of rankings and supporting statements, begin broadening the process by canvassing opinions from other core functions such as finance, technical, production and distribution. 

It is a simple approach, but it produces bottom line results: marketers can deliver fact-based messages that go to the heart of what B2B markets are really buying.

It’s also an enlightening process and is the first step on building an understanding of how to produce marketing messages that constantly address B2B’s five buying motivators.

The results will also start to generate guidelines as to the audiences that should be getting these messages.

Read more about Value in B2B marketing:

How Value protects margins      Marketing is not about selling, it’s about buying

Outcomes make the difference      The commercial power of brands in B2B

Back to The Long Hello: making B2B marketing work for the bottom line