<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>The Long Hello &#187; Segmenting B2B markets</title>
	<atom:link href="http://www.eardley.co.za/index.php/tag/segmenting-b2b-markets/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.eardley.co.za</link>
	<description>B2B marketing: making it work for the bottom line</description>
	<lastBuildDate>Wed, 28 Apr 2010 13:48:43 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<atom:link rel="hub" href="http://pubsubhubbub.appspot.com"/><atom:link rel="hub" href="http://superfeedr.com/hubbub"/>		<item>
		<title>Mapping audiences in B2B markets: building a marcoms strategy</title>
		<link>http://www.eardley.co.za/index.php/mapping-audiences-in-b2b-markets-building-a-marcoms-strategy/</link>
		<comments>http://www.eardley.co.za/index.php/mapping-audiences-in-b2b-markets-building-a-marcoms-strategy/#comments</comments>
		<pubDate>Tue, 23 Feb 2010 13:32:19 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Making B2B marketing work]]></category>
		<category><![CDATA[Marcoms]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2B branding]]></category>
		<category><![CDATA[B2B brands]]></category>
		<category><![CDATA[B2B buying motivators]]></category>
		<category><![CDATA[B2B customers]]></category>
		<category><![CDATA[B2B marcoms]]></category>
		<category><![CDATA[B2B marketing communications]]></category>
		<category><![CDATA[B2B markets]]></category>
		<category><![CDATA[Brands]]></category>
		<category><![CDATA[Buying motivators]]></category>
		<category><![CDATA[Customers]]></category>
		<category><![CDATA[Marketing communications]]></category>
		<category><![CDATA[Segmenting B2B markets]]></category>
		<category><![CDATA[Segmenting markets]]></category>

		<guid isPermaLink="false">http://www.eardley.co.za/?p=1746</guid>
		<description><![CDATA[B2B markets are complex structures consisting of different audiences that influence customers&#8217; buying decisions. Marketers need to understand who these audiences are, how they influence one another and the significance of their influence on buying decisions.
Mapping audiences and their connectivity within a ‘sphere of influence’ is the first step in creating a marcoms strategy that [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;"><strong>B2B markets are complex structures consisting of different audiences that influence customers&#8217; buying decisions. Marketers need to understand who these audiences are, how they influence one another and the significance of their influence on buying decisions.</strong></p>
<blockquote><p><strong>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  </strong></p></blockquote>
<p style="text-align: center;"><strong><img class="aligncenter size-full wp-image-1748" title="B2B sphere of influence" src="http://www.eardley.co.za/wp-content/uploads/2010/02/B2B-sphere-of-influence6.jpg" alt="B2B sphere of influence" width="523" height="476" /></strong></p>
<p><strong><span id="more-1746"></span></strong></p>
<p><strong>Using the sphere to motivate buyers</strong> </p>
<p>Marketers can use the sphere of influence to target the bullseye &#8211; the centre of the market that contains buying decision makers &#8211; BDMs. </p>
<p>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. </p>
<p>It’s about driving accurate perceptions of the brand into the place they matter most: the world of BDMs. </p>
<p><strong>Populating the sphere</strong> </p>
<p>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. </p>
<p>Any audience within the overall market that influences the centre &#8211; either directly or indirectly via another audience &#8211; should be included within your sphere. </p>
<p>Having populated the sphere, it’s useful to look at how the audiences are connected and how they might influence one another. </p>
<p><strong>Assessing the significance of the influence</strong> </p>
<p>To understand this, marketers need to be talking to the centre – the BDMs within the customer base. As mentioned in other posts on <em>The Long Hello</em>, marketers need to get out and about amongst these people and find out who is influencing their decisions and why this matters. </p>
<p>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 <em>Five Factors of Value</em>, but there will also be some (surprising) variations in the degrees of influence exerted by different audiences within the overall market. </p>
<p>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. </p>
<p><strong>Who’s influencing the audiences?</strong> </p>
<p>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. </p>
<p>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&#8217;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.</p>
<p>Related posts:</p>
<p><a title="Managing B2B brand perceptions" href="http://www.eardley.co.za/index.php/market-reflections-managing-brand-perceptions/" target="_blank"><strong>Managing brand perceptions</strong></a></p>
<p><strong><a title="Branding for bottom line results" href="http://www.eardley.co.za/index.php/brands-build-business/" target="_blank">Brands build business</a></strong></p>
<p>Back to <a title="Home" href="http://www.eardley.co.za" target="_self"><strong>The Long Hello:</strong></a> making B2B marketing work for the bottom line</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eardley.co.za/index.php/mapping-audiences-in-b2b-markets-building-a-marcoms-strategy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>B2B Marketing for Dummies</title>
		<link>http://www.eardley.co.za/index.php/b2b-marketing-for-dummies/</link>
		<comments>http://www.eardley.co.za/index.php/b2b-marketing-for-dummies/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 10:46:49 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Brands]]></category>
		<category><![CDATA[Making B2B marketing work]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2B branding]]></category>
		<category><![CDATA[B2B brands]]></category>
		<category><![CDATA[B2B buying motivators]]></category>
		<category><![CDATA[B2B customers]]></category>
		<category><![CDATA[B2B marcoms]]></category>
		<category><![CDATA[B2B marketing]]></category>
		<category><![CDATA[B2B marketing communications]]></category>
		<category><![CDATA[B2B markets]]></category>
		<category><![CDATA[B2B sales]]></category>
		<category><![CDATA[B2B selling]]></category>
		<category><![CDATA[Brand positioning]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Buying motivators]]></category>
		<category><![CDATA[Marcoms]]></category>
		<category><![CDATA[Marketing communications]]></category>
		<category><![CDATA[Measurement]]></category>
		<category><![CDATA[Segmenting B2B markets]]></category>
		<category><![CDATA[Segmenting markets]]></category>
		<category><![CDATA[Social media]]></category>

		<guid isPermaLink="false">http://www.eardley.co.za/?p=1735</guid>
		<description><![CDATA[IAS b2b Marketing, winner of Agency of the Year at the UK’s B2B Marketing Awards 2009, has created a concise guide that highlights how to deliver the right B2B messages to the right people at the right time. 
The minibook addresses key issues that anyone working in marketing may face with B2B brands. It’s easy to understand [...]]]></description>
			<content:encoded><![CDATA[<p><strong>IAS b2b Marketing, winner of Agency of the Year at the UK’s B2B Marketing Awards 2009, has created a concise guide that highlights how to deliver the right B2B messages to the right people at the right time.</strong> </p>
<p>The minibook addresses key issues that anyone working in marketing may face with B2B brands. It’s easy to understand and uses clear examples of the challenges and solutions in a logical order. </p>
<p><strong><em>B2B Marketing for Dummies</em> ends with Ten Top Tips for success in B2B marketing:</strong></p>
<p><strong>Be patient. </strong>Remember that people in business don’t buy on impulse – they carefully consider purchases and consult multiple stakeholders. </p>
<p><strong>Consider your Web of Influence. </strong>Always create a map of your market to help you make the best B2B marketing decisions. </p>
<p><strong>Be thoroughly strategic. </strong>Establish how your brand distinguishes itself from the rest of the pack with a brand planning process that leaves no question unanswered. </p>
<p><strong>Be focused. </strong>Create a strategic proposition that makes your brand irresistible over the competition.<strong> </strong><span id="more-1735"></span><strong></strong></p>
<p><strong>Prioritise your market. </strong>Use the Web of Influence to pinpoint the decision makers who’ll give you the best return for your marketing investment. </p>
<p><strong>Be choosy. </strong>Don’t waste time and money on marketing placed in the wrong channels. </p>
<p><strong>Be positively different. </strong>Show people their working world in a way they’ve never seen, and they’ll want to know more. </p>
<p><strong>Have multi-dimensional ideas. </strong>Remember that you need to satisfy many different stakeholders, so you need creative ideas that are flexible. </p>
<p><strong>Make the most of your website. </strong>Ensure that your site caters for all of your customers and tracks their activity so you can use that information for constant improvement. </p>
<p><strong>Tap into social media. </strong>Don’t get left behind – use social media networks to influence your markets! </p>
<p><em><strong>B2B Marketing for Dummies</strong></em> was produced by IAS b2b Marketing and John Wiley &amp; Sons, publishers of the &#8216;For Dummies&#8217; guides. Download a copy at <a href="http://www.b2bfordummies.com/" target="_blank">http://www.b2bfordummies.com/</a></p>
<p><strong>Back to <a title="Home" href="http://www.eardley.co.za" target="_self"><strong>The Long Hello:</strong></a> making B2B marketing work for the bottom line</strong></p>
]]></content:encoded>
			<wfw:commentRss>http://www.eardley.co.za/index.php/b2b-marketing-for-dummies/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>B2B marcoms: using funnels to create relevance and accurate positioning</title>
		<link>http://www.eardley.co.za/index.php/b2b-marcoms-using-funnels-to-create-relevance-and-accurate-positioning/</link>
		<comments>http://www.eardley.co.za/index.php/b2b-marcoms-using-funnels-to-create-relevance-and-accurate-positioning/#comments</comments>
		<pubDate>Fri, 11 Dec 2009 14:30:11 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[B2B buying motivators]]></category>
		<category><![CDATA[B2B sales]]></category>
		<category><![CDATA[Making B2B marketing work]]></category>
		<category><![CDATA[Marcoms]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2B customers]]></category>
		<category><![CDATA[B2B marcoms]]></category>
		<category><![CDATA[B2B marketing]]></category>
		<category><![CDATA[B2B marketing communications]]></category>
		<category><![CDATA[B2B markets]]></category>
		<category><![CDATA[B2B selling]]></category>
		<category><![CDATA[Brand positioning]]></category>
		<category><![CDATA[Buying motivators]]></category>
		<category><![CDATA[Customers]]></category>
		<category><![CDATA[Marketing communications]]></category>
		<category><![CDATA[Measurement]]></category>
		<category><![CDATA[Segmenting B2B markets]]></category>
		<category><![CDATA[Segmenting markets]]></category>

		<guid isPermaLink="false">http://www.eardley.co.za/?p=1106</guid>
		<description><![CDATA[Developing marketing communications for relevance throughout the buying cycle
The graphic below is from a whitepaper by Tippit Inc and it illustrates the phased nature of the B2B buying process. It&#8217;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 [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Developing marketing communications for relevance throughout the buying cycle</strong></p>
<p>The graphic below is from a whitepaper by <a title="Tippit Inc" href="http://www.tippit.com/" target="_blank">Tippit Inc</a> and it illustrates the phased nature of the B2B buying process. It&#8217;s such an important graphic for marketers because it provides a roadmap for developing <em>and</em> positioning marcoms that are relevant for each phase in the buying process - ranging from initial awareness through to purchasing and beyond.</p>
<p style="text-align: center;"><img class="size-full wp-image-1490 aligncenter" title="B2B marketing funnel" src="http://www.eardley.co.za/wp-content/uploads/2009/12/Micro-funnel.jpg" alt="Micro funnel" width="565" height="206" /></p>
<p><span id="more-1106"></span></p>
<p><strong>Working with funnels</strong></p>
<p>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 &#8216;Support&#8217; and &#8216;Retention&#8217; to account for maintaining loyalty in the post-purchase phase.</p>
<p>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 &#8211; so that you can &#8216;pour-in&#8217; lots of potential buyers:</p>
<p style="TEXT-ALIGN: center"><img class="size-full wp-image-1506  aligncenter" title="B2B marketing funnel" src="http://www.eardley.co.za/wp-content/uploads/2009/12/Macro-funnel.jpg" alt="Macro funnel" width="447" height="306" /></p>
<p style="TEXT-ALIGN: center"> <strong><span style="color: #808080;">Time</span></strong></p>
<p>From a marketing perspective, Tippit puts it like this:</p>
<p style="PADDING-LEFT: 30px">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.</p>
<p style="PADDING-LEFT: 30px">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.</p>
<p><strong>Using the funnel to segment marketing messages: the Perception Cycle</strong></p>
<p>In the Tippit whitepaper, &#8216;buyer activity&#8217; is categorised or segmented as follows: </p>
<ul>
<li><strong>Browsing<br />
</strong>information gathering as normal part of job</li>
<li><strong>Downloading<br />
</strong>business opportunity or challenge identified</li>
<li><strong>Project<br />
</strong>business case for the product or service established</li>
<li><strong>Shortlist<br />
</strong>qualified vendors selected</li>
<li><strong>Decision<br />
</strong>purchase is made</li>
</ul>
<p>Marketers can use the categories to segment the <em>type</em> of messages that are most relevant in the perception cycle.<em></em></p>
<blockquote><p><strong><em>The perception cycle is the market’s process of acquiring information that builds associations and opinions about a brand and what it represents.  </em></strong></p></blockquote>
<p><strong>First impressions</strong></p>
<p>In the &#8216;awareness&#8217; phase, buyers are gathering information that <em>begins</em> to build their knowledge about a subject and its related products and services.</p>
<p>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.</p>
<p>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 <em>searching</em> the web is likely to fall into the &#8216;awareness&#8217; category, as opposed to someone who goes straight to your site because they already know of you &#8211; perhaps from an ad they just saw. </p>
<p>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?</p>
<p>Most importantly, will it keep them in <em>your</em> funnel?</p>
<p><strong>In the funnel: five-by-five</strong></p>
<p>Wikipedia defines the term &#8216;five-by-five&#8217; as: ‘a signal that has excellent strength and perfect clarity - the most understandable signal possible.’</p>
<p>As the funnel narrows &#8211; not everyone who is &#8216;aware&#8217; converts to a buyer - the relevance of marcoms messages and the accuracy of their positioning need to be increased.  </p>
<p>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 &#8211; perhaps towards the end of the Project and Shortlist phases once their colleagues have already completed the processes of Awareness and Consideration.  </p>
<p>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 &#8211; as decision-makers, that’s what they do.</p>
<p>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.</p>
<p><strong>Relevance and positioning: what are you saying in the funnel and how are you saying it?</strong></p>
<p>Two earlier posts, <a title="Building relationships with B2B brands" href="http://www.eardley.co.za/index.php/the-long-hello-building-brand-relationships-in-b2b/" target="_blank">Building brand relationships</a> and <a title="The three 'must-knows' in B2B" href="http://www.eardley.co.za/index.php/what-how-who-the-three-essentials-of-b2b-marketing" target="_blank">B2B buying: What? How? Who?</a>, focus on identifying audiences within B2B markets and how to create relevant messages for them.</p>
<p>Having established the various audiences in the funnel, it&#8217;s a relatively easy task to identify <em>how</em> 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.</p>
<p>It all comes back to relevance: relevant message, relevant medium &#8211; five-by-five.</p>
<p><strong>Working your way through the marcoms funnel</strong></p>
<p>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.</p>
<p>Here&#8217;s what Tippit has to say about managing communications in narrow funnels:</p>
<p style="PADDING-LEFT: 30px"><strong>Target hard-to-reach buyers<br />
</strong>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.</p>
<p style="PADDING-LEFT: 30px"><strong>Create and distribute remarkable content<br />
</strong>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.</p>
<p style="PADDING-LEFT: 30px"><strong>Execute a multi-channel pursuit<br />
</strong>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.</p>
<p><strong>Managing the ‘perception cycle’ for higher ROI</strong></p>
<p>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.</p>
<p>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.</p>
<p style="TEXT-ALIGN: right">Click on the link below to download the whitepaper from Tippit Inc</p>
<p style="TEXT-ALIGN: right"><a href="http://www.tippit.com/land/what-shape-is-your-funnel/" target="_blank"><strong>What’s the Shape of Your Funnel? Why funnel shape means everything in B2B marketing</strong></a></p>
<p>Read more on creating and positioning marcoms:</p>
<p><strong><a title="Managing perceptions of your brand" href="http://www.eardley.co.za/index.php/market-reflections-managing-brand-perceptions/" target="_blank">Market reflections: managing brand perceptions</a></strong></p>
<p><a title="Results-driven marcoms" href="http://www.eardley.co.za/index.php/leveraging-b2bs-buying-motivators/" target="_blank"><strong>Leveraging B2B&#8217;s buying motivators</strong></a> - results-driven marcoms     </p>
<p><a title="How outcomes create Value" href="http://www.eardley.co.za/index.php/outcomes-make-the-difference/" target="_blank"><strong>Marcoms: Outcomes <em>are</em> the differentiators </strong></a>- how outcomes create &#8216;Value&#8217;</p>
<p><a title="How Value influences B2B buying" href="http://www.eardley.co.za/index.php/preventing-price-pressure/" target="_blank"><strong>Preventing price pressure</strong></a> - the influence on &#8216;Value&#8217; on B2B buying</p>
<p>Back to <a title="Home" href="http://www.eardley.co.za" target="_self"><strong>The Long Hello:</strong></a> making B2B marketing work for the bottom line</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eardley.co.za/index.php/b2b-marcoms-using-funnels-to-create-relevance-and-accurate-positioning/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Market reflections: managing B2B brand perceptions</title>
		<link>http://www.eardley.co.za/index.php/market-reflections-managing-brand-perceptions/</link>
		<comments>http://www.eardley.co.za/index.php/market-reflections-managing-brand-perceptions/#comments</comments>
		<pubDate>Tue, 01 Dec 2009 16:03:54 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[B2B sales]]></category>
		<category><![CDATA[Brands]]></category>
		<category><![CDATA[Marcoms]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2B brand positioning]]></category>
		<category><![CDATA[B2B branding]]></category>
		<category><![CDATA[B2B brands]]></category>
		<category><![CDATA[B2B customers]]></category>
		<category><![CDATA[B2B marcoms]]></category>
		<category><![CDATA[B2B marketing]]></category>
		<category><![CDATA[B2B marketing communications]]></category>
		<category><![CDATA[B2B markets]]></category>
		<category><![CDATA[B2B selling]]></category>
		<category><![CDATA[Brand ownership]]></category>
		<category><![CDATA[Brand positioning]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Marketing communications]]></category>
		<category><![CDATA[Segmenting B2B markets]]></category>
		<category><![CDATA[Segmenting markets]]></category>

		<guid isPermaLink="false">http://www.eardley.co.za/?p=1132</guid>
		<description><![CDATA[What are &#8216;market reflections&#8217; and why do they matter? 
Think of the brand as a reflection of your company in a mirror. You hold the brand up to this mirror and it reflects everything the company represents in the market. You don’t see the brand staring back at you, you see what the market sees.
When an end-user [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What are &#8216;market reflections&#8217; and why do they matter? </strong></p>
<p><strong>Think of the brand as a reflection of your company in a mirror. You hold the brand up to this mirror and it reflects everything the company represents in the market. You don’t see the brand staring back at you, you see what the market sees.</strong></p>
<p>When an end-user holds the brand up to this mirror, what do they see? Is the same image reflected back when VARs, consultants and the media look in the mirror?</p>
<blockquote><p><strong>Very often, there are as many different images in the mirror as there are people looking at it.</strong></p>
</blockquote>
<p>And this lack of brand-cohesion creates confusion and uncertainty in the market, weakening the brand by creating mis-perceptions of what it represents.<span id="more-1132"></span></p>
<p><strong>Building perceptions of success</strong></p>
<p>One of the <a title="Brands are now more important than ever" href="http://www.eardley.co.za/index.php/brands-are-now-more-important-than-ever-brands-are-dead/" target="_blank">cornerstone posts </a>on The Long Hello looks at how B2B brands should be making a major contribution to the bottom line by creating compelling associations in the market:</p>
<p style="padding-left: 30px;">Brands can generate such strong associations of trust and fulfilled-expectations that customers simply won’t consider another supplier.</p>
<p style="padding-left: 30px;">B2B branding is about saying: we own this product or service. It may also be about saying: we own its reliability, its short lead-times, and its quality. We also own its support, its maintenance and its future development. But most of all:</p>
<blockquote><p><span style="color: #000000;">We own the positive contribution we make to customers&#8217; continued success.<strong> </strong></span></p>
</blockquote>
<p><strong>Are they looking at us? Identifying the market&#8217;s composition</strong></p>
<p>B2B marketers understand that their market is like a jigsaw &#8211; many pieces go to make the whole.</p>
<p style="TEXT-ALIGN: center"><img class="size-full wp-image-1200    aligncenter" title="Market composition" src="http://www.eardley.co.za/wp-content/uploads/2009/12/Market-composition.jpg" alt="Market composition" width="404" height="367" /></p>
<p>Of course, this little jigsaw is far from complete. </p>
<p>A typical B2B market may also include distributors and wholesalers; support and service providers; user-groups; financial analysts; standards boards and statutory regulators; industry associations and the general public.  And it will almost certainly include different &#8217;stakeholders&#8217; within each individual customer, such as finance, sales, production and distribution.</p>
<p>But it is a starting point for building an <em>overall</em> picture of the market.</p>
<p><strong>Influencing market reflections: relevance, relevance, relevance</strong></p>
<p>Having listed the reflections, marketers perhaps then need to ask some questions <em>in</em> the market:</p>
<ul>
<li><strong>how does the brand reflect itself to each component of the market</strong></li>
<li><strong>how relevant are your marcoms to these individual components</strong></li>
<li><strong>what needs to change in order to achieve a consistent reflection of the brand</strong></li>
</ul>
<p>Relevance is crucial because it builds credibility and confidence. And relevance is all about <em>outcomes</em> - the outcomes that are produced for each component of the market: what does this brand do for me? </p>
<p><strong>You have to talk to the market</strong></p>
<p>In order to identify what <em>is</em> relevant, you need to get out of the office and talk to the market. Writing in <a title="Six core skills of great marketers" href="http://www.marketingmagazine.co.uk/news/947125/Mark-Ritson-Branding-six-core-skills-needed-great-marketer/" target="_blank"><em>Marketing Magazine</em></a> about the core skills of great marketers, Mark Ritson sees this as:</p>
<blockquote><p>the fundamental starting point for any great marketer: get out of your office and spend time in the places and spaces where your consumers experience the product, no matter how senior or &#8216;important&#8217; you consider yourself.</p>
</blockquote>
<p>For a more detailed look at how to create <em>relevant</em> marcoms:</p>
<p><a title="What are they Buying?" href="http://www.eardley.co.za/index.php/what-how-who-the-three-essentials-of-b2b-marketing/" target="_blank"><strong>Marketing is not about selling. It&#8217;s about buying</strong></a></p>
<p><a title="Outcomes make the difference" href="http://www.eardley.co.za/index.php/outcomes-make-the-difference/" target="_blank"><strong>Outcomes <em>are</em> the differentiators</strong></a><strong>      </strong><a title="How Value influences B2B marketing" href="http://www.eardley.co.za/index.php/the-role-of-value-in-b2b-marketing/" target="_blank"><strong>The role of Value in B2B marketing</strong> </a>     <strong><a title="What do you represent?" href="http://www.eardley.co.za/index.php/getting-real-in-b2b-markets/" target="_blank">Getting real in B2B</a></strong><strong></strong></p>
<p><strong><a title="Marcoms: driven by results " href="http://www.eardley.co.za/index.php/leveraging-b2bs-buying-motivators/" target="_blank">Leveraging B2B&#8217;s buying motivators</a>      <a title="Building relationships with B2B brands" href="http://www.eardley.co.za/index.php/the-long-hello-building-brand-relationships-in-b2b/" target="_blank">Building brand relationships: The Long Hello</a></strong></p>
<p>Back to <a title="Home" href="http://www.eardley.co.za" target="_self"><strong>The Long Hello:</strong></a> making B2B marketing work for the bottom line</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eardley.co.za/index.php/market-reflections-managing-brand-perceptions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

