Survey: Online Marketing Ups Offline B2B Sales

Business-to-business marketers should be investing in a 2019 omnichannel marketing plan to maximize the online impact on offline buying, at least according to the latest research from Boston Consulting Group and Google. An optimal, best-practices mix of digital engagement channels—such as search, display, video, social media, e-mail and websites—with traditional print catalogs/mail, sales calls and brick-and-mortar stores can increase the marketing contribution to sales by 3% to 8%, BCG has found. On average, two-thirds of B2B buyers of industrial machinery, industrial supplies, and packing and shipping products and services indicated in a new BCG survey that their purchase decisions had been significantly influenced by digital, even though the majority of buying journeys end with an offline purchase. The survey revealed that some 58% of industrial-machinery purchases were significantly influenced by online activity, even though 100% of the purchases were made offline. For industrial supplies, 88% of buyers performed some form of online research prior to purchase and 69% then purchased online. Among packing and shipping buyers 54% were digitally influenced, with 42% purchasing online and 58% buying offline. But it is the differences underneath the online influence data that reveal the opportunities for boosting sales. For example, spending to boost online branding ads/engagement can pay off when 75% of online industrial machinery researchers said that they consider two or more brands at the start of their buying journeys, compared with 55% of those who engage in offline research only. At the same time, 58% of industrial-machinery buyers said that they begin their online search with a product, rather than a brand, in mind. For these researchers, the manufacturers’ websites become primary points of influence. One of the more encouraging findings in the BCG study was that online business researchers make more follow-up purchases, especially if there is engagement post-sale. When manufacturers of industrial machinery engage their customers digitally after an initial sale, those customers are three times as likely to research supplementary products, twice as likely to purchase them, and three times as likely to repurchase the product. Buyers of industrial supplies engaged digitally post-sale are eight times as likely to purchase a supplementary product of the same brand and twice as likely to repurchase the same product. Effective after-sales digital marketing activities include promoting online account sign-ups, encouraging app downloads, maintaining regular contact through e-mail or "nurture" communications, and ensuring a positive overall customer experience with the product or service. For optimal results, B2B marketers need to measure across the entire buying journey to connect digital marketing expenditures to offline sales. BCG found measurement innovators use a variety of techniques—such as customer research, marketing-mix modeling, multi-touch attribution modeling, matched-market testing, and direct match-back approaches. For examples, go to our onsite blog post at https://www.acculistusa.com/new-survey-online-marketing-pumps-offline-b2b-sales/

Zoo Marketing Increases Conservation, Digital Stress

Significant changes are occurring in zoo marketing, per several recent reports. Consumers' rising concerns about conservation and ethical treatment of animals have been a driving force. As the public loses its appetite for viewing animals in cages, zoos are initiating a new stress on realistic exhibits and conservation--and their marketing is reflecting that shift. A Platform Magazine article on the new wave in zoo marketing, noted to its PR-pro readers that the winning zoo marketing strategy seems to lie in finding the middle ground between promoting conservation and creating entertainment. Many zoos do this by creating exhibits that mimic animals’ natural habitats. For example, the Woodland Park Zoo in Seattle, Washington, promotes exhibits for jaguars, penguins and grizzly bears, which have won exhibit design awards. Meanwhile, the Houston Zoo not only advertises the fact that it shares part of the money from each ticket with conservation programs but plans to build a new exhibit to showcase the Texas Wetlands, which have a large variety of animal and plant life. The Platform article also cites Zoo Atlanta's strategy for merging consumer experiences and conservation by promoting its contributions to the Association of Zoos and Aquariums’ Species Survival Plan (SSP) with new animals’ births that help "maintain healthy, genetically diverse and self-sustaining animal populations within North American zoos." However, one marketing challenge for nonprofit zoos like Zoo Atlanta is stretching "our limited advertising budget," Vice President of Marketing and Membership Tracy Lott acknowledges. And digital media investments are one way her zoo stretches marketing resources. For zoos following Zoo Atlanta's lead, Search Influence, a digital marketing agency, suggests key steps to digital success. Efforts need to begin with planning, with an emphasis on defining member/donor/visitor profiles and segments for targeting. Then local prospects, loyal members and tourists can be sent the different messaging that will resonate and drive response. Next comes a polished website to showcase attention-getting content and provide a platform for sales and donations, supported by a traffic-building investment in search optimization and paid search. Third, zoos need a curated content-marketing strategy for website, social media and paid digital advertising to promote unique draws, from exhibits and events to conservation and education. Leveraging that great content requires a targeted digital advertising strategy. Since 90% of time online is spent outside of search, mainly on Facebook, Instagram and other social platforms, one focus should be social media ads with enticing video, graphics and messaging. These ads can be targeted by interests, location, family status, buying behavior and more to boost response. Finally, to maximize ROI, marketers need analytics with defined KPIs per platform, including use of Google Analytics and Google Tag Manager. For the full post, see http://www.acculistusa.com/todays-zoo-marketing-embraces-conservation-digital/

How Insurance Marketers Can Improve Digital Leads

Sometimes insurance marketers, used to face-to-face sales and targeted direct mail, struggle to adapt to the highly competitive and noisy digital marketplace for lead generation. So these helpful tips from the Blue Corona web marketing agency should be of interest to insurance marketers looking to improve digital lead results. The natural place to start is the insurance marketer's website, where the majority of potential policyholders will first interact with the marketing message. Basically, the website must grab attention almost immediately. If consumers don’t connect with what they see within 10 seconds of landing on a web page, they’ll move on, per studies. That means up-front contact information, compelling call-to-action, plugins that localize content, etc. But it also means speedy page loading. Studies show that a website needs to load in under 3 seconds (in fact, 47% of people expect a web page to load in two seconds or less, points out Blue Corona). And that speed needs to happen on a mobile device. Over half of all digital searches for insurance information occur from mobile devices; more specifically, 58.6% of average monthly auto insurance searches and 55.4% of life insurance searches are via mobile, reports Blue Corona. How do you get prospects to those fast-loading, compelling, mobile-friendly pages? Search engine optimization is a basic requirement today for driving traffic. Blue Corona lists a few top tactics for getting to that coveted first page of a Google search: optimized title tags and meta descriptions on pages; site security (https vs http); mobile-friendly pages; schema markup; quality content; fast page downloading; social media signals; quality backlinks; and optimized images. But all searches are not created equal. Marketers want high-converting leads not shoppers. So Blue Corona suggests buying pay-per-click ads targeting search phrases that indicate high-commercial intent, such as "buy auto insurance" rather than "do I need auto insurance?" The ad content can then target a top consumer trigger. In most cases, that means competitive rates. A blog is another way to not only build traffic but also establish authority on insurance topics and go from policy hawker to insurance resource in the eyes of potential policyholders. Whether a blog post or a website page, the goal is to help insurance shoppers deal with an often confusing topic. TransUnion’s 2017 Healthcare Millennial Report found that 57% of millennial consumers identified as having "no understanding" or a "limited understanding" of their insurance benefits, while 50% of Generation X and 42% of Baby Boomers said the same. So don’t give prospects too many choices on website main pages, which can overwhelm and drive them away, and focus instead on the key solutions people need from insurance. For more, see http://www.acculistusa.com/these-digital-tactics-can-power-insurance-marketing-lead-gen/

B2B Trends Spur Mobile-Friendly E-Commerce

With Forrester Research forecasting steady growth in B2B e-commerce, reaching $1.2 trillion in sales, or 13.1% of all B2B sales, by 2021, smart e-commerce marketing is more essential than ever. A recent bigcommerce.com blog post highlighted many important B2B e-commerce trends, but we’ll focus on three marketing-related takeaways. First, acquisition is the new online focus. The days are gone when B2B online strategy could succeed by putting up a website as a customer service portal, a place for existing account re-orders or a passive catalog display. Online selling is becoming a core part of B2B business and sales strategy, argues bigcommerce.com post author Jillian Hufford, marketing analyst at nChannel, a multi-channel integration provider. B2B marketers should start by profiling customers to better target online and offline promotions to find high-ROI traffic. Note that a robust SEO/SEM strategy, coupled with website search tools, is essential given that 74% of B2B buyers report researching at least part of their work purchases online. Easy, seamless cross-channel ordering is another basic of online customer acquisition now. Plus, an investment in online content marketing, coupled with SEO strategy, can leverage educational and expert content on the website to attract searchers and win Google rank. A second takeaway is the trend to online and print catalogs that work in tandem. Five years ago, more than two-thirds of B2B sellers thought they would stop mailing paper catalogs. That hasn’t happened, but many B2B merchants are using an integrated multi-channel effort to balance smaller or less frequent print catalogs with more interactive online catalogs. For success with print-plus-online, the online catalog cannot merely mimic the print version. E-commerce means investing in interactive online tools that allow customizing, sharing, distributing, ordering and tracking, all supported by integrated back-end technology. Finally, and perhaps most important, mobile-friendly means revenue-friendly for today's B2B e-commerce as ever-expanding mobile device use drives marketing changes. Google and BCG research data from 2017 shows why: 80% of B2B buyers are using mobile at work; 60% of B2B buyers report that mobile played a significant role in a recent purchase; and 60% of B2B buyers expect to continue to increase their mobile usage. B2B retailers who are dragging their feet on mobile-friendly adaptation risk dragging down their own revenues; BCG research found that brands that are “mobile leaders” earn more traffic, more leads and more revenue than “mobile laggards.” For more, see http://www.acculistusa.com/b2b-sales-trends-boost-mobile-friendly-online-acquisition/

Nonprofits Enter Year-end Fundraising Season

With a third of annual giving occurring in December, over half of nonprofits starting year-end plans in October, and direct mail the leading fundraising channel, October often sees final tweaks to direct marketing plans. So nonprofit marketers may want to check their current campaigns against the four-step master plan recently offered by fundraising consultant Gail Perry on her blog. Step 1: Set goals for each donor segment, and don't forget lucrative leading-donor annual gifts, lapsed donors and board members. Step 2: Select channels for a multi-pronged appeal, integrating direct mail, e-mail, telemarketing, social media, website, and video creative--and design a consistent message for all. Step 3: Gather resources and set a budget. Step 4: Set a timeline and calendar. Of course, smaller fundraisers often bemoan budget limitations at this point. A guest post by Damian O'Broin for the Institute of Fundraising offers a bracing response. Greatness is not a function of size, it’s a function of attitude, he argues, citing donor surveys. The things that matter most to donors don’t depend on big budgets and lots of staff but on good, donor-centric fundraising practices: thanking promptly and properly; showing progress and impact; getting to know supporters and responding to their needs; empowering supporters; and asking consistently. Even modest direct marketing campaigns, assuming they are well targeted, can use these practices to boost response. For details and tips of Perry's year-end master plan, see our complete blog post at http://www.acculistusa.com/nonprofits-crucial-year-end-fundraising-drives-have-begun/

Event Marketing Channels, Attendees Not in Sync

Where should trade show and conference marketers go fishing for potential audience? In a multi-channel world, it can be challenging to balance online, e-mail, print and social media for best results. Now a recent survey by XING Events, as reported by MarketingProfs, shows interesting gaps between where event marketers are casting their nets and where potential attendees pool to research events. According the the XING Events study, which is based on a global survey of 2,621 event attendees and 1,630 event organizers, event attendees most often learn about work-related events through word-of-mouth mention by friends and acquaintances (66%) and via e-mail newsletters (59%). Fewer event attendees (20%) report being influenced by ads for print and online professional publishing. Online search has more impact when the audience is already aware of the event; for example, 49% say they use online search to find details about trade shows or conferences they already have heard about (via word-of-mouth, e-mail or print). Just 22% learn about an event by doing keyword searches. However, an even smaller portion (16%) of event attendees report that they use social media to research events. Event marketers don't exactly mirror attendees' preferences. About 89% of surveyed event organizers say they market their events through their own websites, culling search traffic. Some 76% say they market through e-mail newsletters, which is in line with attendee activity. The surprise is that 73% of event pros say they promote via social media even though it is not where most of the audience is currently looking for event information. And about 47% use traditional print channels. Despite its current lower usage among event attendees, social media is the marketing channel that most event marketers (65%) plan to grow in future. For more on the survey, see our blog post at http://www.acculistusa.com/survey-mismatches-in-event-marketing-channels-attendee-interest/

2017 Event Marketing: Social, Visual, Data-Focused

Event professionals can look forward to some exciting new marketing trends in 2017--especially in the social, digital and data arenas--as recently highlighted in both an EventManagerBlog survey and a post by MarketingTango, the marketing blog for brands like PIP and Sir Speedy. Data, with a social twist, remains key, with many event professionals reporting to EventMB that they saw an increase in the amount and quality of data available through social media in 2016--data that can be used to improve retargeting and create better multi-channel campaigns in 2017. MarketingTango points out that tighter targeting of the right VIPs and digital influencers will allow marketers to ride their social media coattails to higher Facebook, Twitter, or Instagram traffic and maximize social data ROI. Underlying social media's growth as an event tool is its ability to boost engagement and professional connectivity. Certainly, per EventMB's survey, using contests and giveaways for posting or tagging in social media is a big trend with exhibitors, who not only reap booth traffic but free marketing buzz as people tag and share. MarketingTango likewise notes the growing use of a "digital social wall" to engage attendees in real-time and harness the power of hashtags to own conversations. Social media also offers more ways to connect, and EventMB's surveyed event pros reported increased use of Snapchat and Snapchat geolocation filters to meet and connect as well as use of guest-generated pop-up events such as Twitter meetups. Event marketers further stressed that today's attendees want websites and landing pages that are easy-to-use, faster and more concise, preferring bullets and visuals over wordy pages. Image-based platforms are winning more followers, and many event pros forecast growing popularity for video in event invitations and advertisements, virtual reality experiences to sell venues, etc. For more, go to http://www.acculistusa.com/2017-event-marketing-social-visual-data-focused/

Many Websites Miss the Mark on E-mail Sign-ups

The e-mail subscription efforts of commercial websites are surprisingly spotty, according to a recent study by digital marketing firm Publicare Marketing Communications. Publicare attempted to subscribe to e-mail lists on 6,757 websites. Shockingly, given the value of e-mail acquisition, 10% of sites did not even offer e-mail subscriptions, and 18% made it hard for visitors to sign up by hiding the subscription form on subpages or requiring a user account prior to sign-up. So congratulations to the 87.3% who put the subscription form on the home page, and the 29.7% of those who then promoted a simple form with a pop-up layer. But shame on the 13.2% who got folks to join their e-mail list and then dropped the ball, failing to deliver even one e-mail within two months of winning a subscriber. And despite the high ROI of e-mail marketing, only 18.8% offered an incentive, such as a coupon, for joining the mailing list. By the way, opt-in strategy ran the gamut from confirmed opt-in (46%) to single opt-in (34.2%) to double opt-in (19.8%). For a useful infographic, see https://hive.publicare.de/en/email-marketing-benchmark-part1/

Direct Mail Gains Traction With 2016 Retailers

Direct mail, previously declining in retail use, is finding greater favor with 2016 retailers, according to a Direct Marketing News magazine report on a new AgilOne study.  Although 33% of 150 surveyed bricks-and-clicks retailers still said they would cut direct mail spending this year, that's lower than the 39% who were backing off direct mail in 2015. AgilOne cited better targeting and personalization for reversal of mail's downward retail trend, reports DM News. In contrast, print and TV advertising spends, which fell last year, will keep sliding in 2016 per retailing respondents. Digital--websites and e-mail--continue as priority channels. However, effective "omnichannel" marketing still eludes many merchants, with the 34% claiming a unified customer view across channels offset by the 37% reporting no unified customer view, and more than half admitting lack of a cohesive omnichannel strategy. For the whole story, go to http://www.dmnews.com/direct-mail/survey-retailers-will-stick-with-direct-mail-in-2016/article/467674/

Content Tops Marketing Chiefs' Budget Plans

To keep up with leading marketers, plan to expand spending and refocus on content marketing, with an accent on social media. More than half of marketers not only plan to boost their budgets in the next few years, they will give content the biggest piece of the pie, according to a recent Advertising Age magazine report on a study by IBM and the CMO Club. The online survey of 100 chief marketing officers at b-to-b and b-to-c companies found that 57% plan to boost marketing budgets over the next two to three years. Content development will make up the largest portion of future marketing budgets (13.3%), followed by traditional advertising (11.5%), per the study. Other top areas of investment will be online advertising (11.1%), events (10.9%), website development (10.5%) and public relations (9.6%). Content leads marketing budgets explained Jay Henderson, director of strategy at IBM Commerce, to Ad Age because CMOs are focused on investing across the customer journey, and content requirements differ for the growing number of channels and devices at each stage, plus there is a demand for increased personalization at every stage. The survey divided the customer journey into six phases: discover (initial search), learn (research), try (testing and product comparisons), buy, use (requiring customer support) and advocate (recommending to others). The "discover" and "buy" phases currently receive the most marketer attention (20% and 21% of budget allocations, respectively), compared with the "learn" and "try" phases (16% each) and the "use" and "advocate" phases (13% and 14% respectively). But when it comes to prioritizing by channels, marketing attention is less evenly distributed, with social leading for all but the "buy" phase, when the website becomes the focus. See the full article at http://adage.com/article/btob/cmos-spending-content-buying-cycle/300181/