How much energy should you spend on branding?

  Forget about the 4 Ps you learned about at University. It's simplistic and unhelpful. It's about 30 years old and it's a consumer concept anyway. Just erase it. I've got another very simple paradigm for you. You might say simplistic. I don't think it is but you be the judge. Marketers spend their effort on basically three things: Getting the market ready, getting the channel ready, and getting the two talking in B2B, in complex B2B, which is the world that you live in and I live in. Three things marketers do: We call the first READ MORE

How to choose the right pain point for your market

  Most salespeople understand that we need to understand our customers' pain points. Marketing does too, but not enough. Marketing likes to be the bearer of good news. This makes Marketing nice, comfortable, happy, but unproductive. Your ability to meet a need and solve a problem will be tested, and testimonials and case studies will play a key role. But that's very late in the buyer's journey, and is largely in the hands of your salespeople. Marketing's job should be to find the right kind of buyers, work out which of them are sufficiently troubled to act, READ MORE

5 Key Indicators of a High Performing B2B Marketing Strategy

Marketing. The colouring in department or an integral function in achieving your business and revenue goals? More than ever, marketing should have a permanent seat at the board room table. Is your marketing department contributing what they should to your business growth goals? Here are 5 key indicators of a high performance marketing team. The evolution of the buyer’s journey, whereby newly empowered buyers conduct their own research before talking to a sales person, means that marketing teams are taking on an expanded scope of responsibilities. This is a real challenge for many marketing teams that are used READ MORE

How to build a strategy to defeat your competition

  Your competitors want to eat your lunch so how do you stop them? Or better yet, how do you eat their lunch? Well let's start with ‘do you even have any competition?’   In the Chasm from Jeffrey Moore, we learned that in the very early stages of any kind of market, you just don't have any competition. You're the only one providing this innovative new solution, nobody else can. In that circumstance you just don't have any competition. So, the first question is do you have competition? The second question is who are your competitors? In READ MORE

How to choose the best sales channel

  So the Head of Sales says that she needs more salespeople and Head of Channels says you need more channels. Who's right and who's wrong? What I'm going to show you today is how to choose the absolute best channel for your chosen target market. You remember Geoffery Moore's Market Maturity Model, in which we learned you need to set your strategy according to what most of your buyers are ready for. Early market I want to talk more about sales channel. Imagine the very early part of the market. The market doesn't yet know how READ MORE

How to design a buyer-centric B2B solution

  Can you for once stop talking about a product and how good it is? Businesses use the term solution when what they really mean is a packaging of a product or service and not a solution at all. Today, I'm going to show you how to build solutions that customers can't resist. Start with the customer Of course, we're going to start by talking about the customer. Think about this, a vendor creates a product or service and they love it, they take it to market and they get a bit of traction with that product READ MORE

How to choose the right market for your business

If your growth is not what you need it to be, don't blame your product. It might be that you're selling to the wrong market. In B2B marketing, it's easy to blame your solution - it's too expensive, out of date, lack features, isn't competitive. In this video blog sales funnel guru, Hugh Macfarlane explains how to choose the absolute best market for your product or service, and how to get the team to buy into that strategy.

A B2B Marketing Qualified Lead is whatever Sales wants it to be

There is no 'correct' definition of a Marketing Qualified Lead (MQL). For your business, negotiation and alignment between Sales and Marketing is key. Together, you need to negotiate how qualified the leads need to be before Marketing hands the leads over to Sales. In other words, at what stage sales takes over. All the way through the funnel, there's a trade-off between quantity and quality. In this video, Hugh gives some key points on what an MQL really is and how to frame this negotiation.

B2B marketing strategies for choosing between branding or demand generation

  How much energy should you spend on positioning versus demand versus channel? Forget about the 4 Ps you learned about at University. It's simplistic and unhelpful. It's about 30 years old and it's a consumer concept anyway. Just erase it. I've got another very simple paradigm for you. You might say simplistic. I don't think it is but you be the judge. Marketers spend their effort on basically three things: Getting the market ready, getting the channel ready, and getting the two talking in B2B, in complex B2B, which is the world that you live in READ MORE

How to find a needle in the haystack

Mature marketplaces provide clear targets for new growth - the firm demographics have already been mapped. But how can you segment or target for growth in the virgin territories where little is known of who's buying what and why? In "early adopter" markets, the number of potential buyers is initially small, and finding a business with the right profile is like a combination of "blind man's bluff" and finding a needle in the haystack. That is, you don't yet know what you're looking for, and even when you do they are hard to find. The surest way READ MORE

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