By Will Schnabel, Vice President and General Manager of
International Markets, Silverpop
Imagine a typical day for your customers. Most likely, they have a to-do list a mile high, which they'll struggle to work through as they're deluged with "emergency" situations that arise. So when marketers attempt to barge into their awareness, today's business buyers turn away.
No longer can marketers rely on traditional marketing approaches of blasting messages to the masses. The reality is that a new era in marketing has arrived, one in which the message is managed by the very people marketers hope to influence—customers and prospects. This new world of marketing takes advantage of the Web 2.0 phenomenon by allowing marketers to participate in the dialogues and forums occurring in the marketplace that are changing the traditional approach to brand marketing.
Welcome to the world of engagement marketing.
The Power of Listening
Savvy B2B marketers, especially those closely aligned with their sales forces, understand the importance of listening to the customer. They know that business buyers have just as many choices as consumers. The difference is that business buyers buy more—a whole lot more. As a result, they seek out more information before making a purchase than would a typical consumer.
Increasingly, customers and prospects expect to be treated as partners instead of leads. They want to do business with companies that are willing to have conversations with them and form a partnership, rather than limit interaction to a selling opportunity. Establishing customer loyalty and prospect respect through marketing programs that fully engage with the marketplace will become increasingly important to remain competitive.
B2B engagement marketing is the logical extension of this listen-first philosophy, focusing on developing a two-way dialogue between organizations and their markets. It calls upon buyers to not only voice their opinions about the brand, but to actually help enhance it—to participate in the brand's evolution. Rather than looking at customers and prospects as passive receivers of messages, B2B engagement marketers believe that both the marketplace and the brand are best served when communication and understanding flow freely from one to the other.
Engagement Marketing Tactics That Work
Web 2.0 tools have created both the need for, and solution to, engagement marketing. Following are four tactics to help you start broadening customer outreach and input:
Spread the load over multiple channels. B2B marketers create strong brand-building programs when they reach out to decision makers through a diverse network of touch points. Use email, RSS, landing pages, surveys, white papers, blog postings, online forums, byline articles, newsletters, direct mail, telesales and more to communicate. Spread the message wide, but keep it focused.
Drive relationships through data. It is the fuel that drives engagement marketing. In order to ensure marketing suitability, B2B companies must not rely solely on sales force automation (SFA) or customer relationship management (CRM) applications to house actionable data. Instead, demand management platforms with sophisticated lead-scoring and nurturing capabilities should be utilized to manage and analyze customer and prospect data.
Incorporate conversations into lead-scoring methodologies. Create a series of questions to ask prospects that enhance your understanding of the lead's needs and interests. Use the information you gather to influence both the information you provide and the future questions you ask of leads. Couple this information with their online activities, and you get a realistic assessment of their buying intentions and ultimately a higher quality lead for your sales organization.
Seek out input. Gaining an in-depth understanding of customer pain points is an important component upon which to build messaging and product development. Keeping prospects talking during multistage consideration processes prior to purchase helps move leads more smoothly through the pipeline. Send surveys. Make calls. Meet at conferences. Ask for feedback.
Online engagement marketing serves customers, prospects and organizations, delivering tangible benefits to all. The more engaged a company is with its marketplace, the better the chance prospects will obtain the information needed to make the right decisions, and the more likely it is that customers will be reminded they made the right decision in doing business with you. The company gains stronger customer loyalty, higher conversion rates and enhanced revenue.
William Schnabel is responsible for overseeing Silverpop's international operations and expansion strategy across Europe and Asia. Previously, Schnabel was responsible for overall operations and product direction of Silverpop's Engage B2B solution (formerly Vtrenz), an industry-leading demand generation and lead-management technology.
Prior to Silverpop's acquisition of Vtrenz in 2007, Schnabel served as its president and CEO, where he guided the company's growth as an innovative thought leader in the Software-as-a-Service (SaaS) and marketing automation industries. Prior to Vtrenz, Schnabel served in an executive capacity at Accenture, a leading management-consulting firm, where he provided strategic guidance to global 500 organizations on the application and implementation of advanced business technologies. Schnabel is a frequent columnist and speaker on the topics of engagement marketing strategies, relationship management technologies, and the influence of SaaS-based solutions on optimizing business performance.
Silverpop's Engagement Marketing suite of Web-based solutions enables companies worldwide to build relationships with customers and prospects through the creation, automation and delivery of relevant online messaging.
Companies rely on the Silverpop Engage platform to create and manage multichannel marketing campaigns that reach millions of individuals—one at a time—enhancing lifetime customer value and brand loyalty. Silverpop's Engage B2B marketing automation platform seamlessly scores sales leads, nurtures them through the pipeline and measures campaign return on investment.
Corporate Headquarters
Silverpop Systems Inc.
200 Galleria Parkway, Suite 750
Atlanta, GA 30339
Phone: 678-247-0500
Fax: 678-247-0501
Toll Free: 866-SILVPOP