gilbanebuyjourn11272012fin
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Content Marketing and the Buyer’s Journey
Make Your Content Work for a Living
Gilbane ConferenceNovember 2012
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The Buyer’s Dilemma• Too much content, not enough relevant content• Stakeholders in buying process increased from 4 to 6 or
more in past 3 years• Buying cycle increased from 4.5 to 5.4 months in past 3
years– 60.8% said internal buying process complexity hampered efforts– 55.6 % blamed poor marketing and sales efforts by vendors
IDC 2012 Buyer Experience Study
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The Marketer’s Dilemma• 86% of buyers say relevant content drove buying decisions • 51% of marketers plan to increase content marketing spend• Only 41% of marketers believe their content is effective• Vendors lose 40% of potential sales because of mismatched
contentMarketingProfs/Junta42; IDG Connect
Content marketing strategies are producing too much content that is not relevant to buyers, reducing vendors chance of making shortlist by 1/3.
IDG Connect’s IT Buyer Survey
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What is Relevant Content?
• Right content, right person, right time– Role specific– Anticipates and answers buyer’s questions– Engaging, compelling, and concise– Objective and actionable– Available when, where, how the buyer wants it
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What is the Buyer’s Journey?
• Conceptual framework that describes the cognitive processes that a buyer goes through in making a buying decision.
• Strategy for sales and marketing to engage with customers, both digitally and live, by exchanging valuable information.
The Buyer’s Journey is a strategy for ensuring relevant content
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Buyer’s Journey Tenets
• The buying process starts before contact with a vendor• Buyers move through a unique cognitive process with
multiple states/stages• Multiple decision makers are involved and have their
own agendas• Content needs are different for each stage, role, and
situation
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Seek solutions
Justify solution
Make buying decision
Discovery Research Decision
Latent needDiscovery of need
Vet possible solutions
StakeholdersCEOCMOCFOCIOCSO
Buyer’s Journey: Linear View
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Seek solutions
Justify solution
Make buying decision
Discovery Research Decision
Latent needDiscovery of need
Vet possible solutions
Buyer 1
Buyer 2
Buyer 3
Buyer’s Journey in Reality
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Personas
• Profile of example buyers• More than just a role description• Goals, concerns, preferences, and decision-
making processes• Map to content, format, and stages
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A Simple Sample FrameworkPersonas/Roles
Stages Goals Topic Format
• CEO• CIO/CTO• CFO• Sales
Executive• Marketing
Executive• User• Staff• Other
• Latent Need
• Discovery of Need
• Seek solutions
• Vet solutions
• Justify solution
• Make buying decision
• Discovery of problem
• Discovery of solutions
• Ability to justify purchase
• Ability to persuade other decision-makers
• Confidence to make a decision
• Market validation• Problems and
symptoms• Competitive
landscape• Case studies• Product applications• Product
features/functions• Creating a business
case• ROI calculation
• White papers
• Webinars• Analyst
reports• Customer
reviews• Data
sheets• Software
tools• Conference
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Getting Started• Study and understand your buyers’ journeys• Conduct a content audit– Start with what you have, use “OPC”
• Develop personas, map questions and content• Let the buyers do the leg work– Organize and label content, don’t forget search
• Don’t strive for perfection! Take your best shot, learn, and refine
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Agile Business Logic
Marc Strohlein, Principal, Agile Business Logic and Author of The Energized Enterprise– [email protected]– Twitter: mstrohlein