B2B Sales and Marketing Trends in 2014: Co-Creation

B2B Sales and Marketing Trends in 2014In one of our blogs last week, we made the argument that regardless of whatever 2014 turns out to be the year of, content is going to be the fuel that will take us where we want to go. Whether we want to improve our social media presence or invest more in lead nurturing, content is the driving force that will lead us to either success or failure.

In addition to improving content development skills and learning to act like a publisher, B2B companies also need to be aware to two broad trends that I believe will be important in sales and marketing in 2014:

B2B Sales and Marketing Trends in 2014: Co-creation

The first trend is co-creation. ‘Co-creation’ is a relatively big philosophical idea that has recently been applied to many business contexts and situations.

In the B2B world, the concept of ‘co-creation’ can be applied in a few ways; the first is in regards to sales and marketing integration. If your sales and marketing teams are still working separately, it is not likely that you are doing everything you can to create a smooth and easy buying process for your prospects. The situation at many B2B companies is this: marketing creates content that they think is cool, and sales thinks it is worthless, so it doesn’t get used.

By having sales and marketing instead listen to implicit and explicit feedback from your audience, they can work together to co-create content that will be more effective on both sides of the table. For example, have your marketers listen to the objections that your sales reps hear on the phone everyday. Then, have your marketers create content with your sales team that is focused on answering those objections in digital format. With everyone listening to feedback and working together toward a shared goal, efficiency and effectiveness of all of your tactics increase dramatically.

Another way the concept of co-creation can be applied to B2B is in the creation of social proof. 

B2B Sales and Marketing Trends in 2014: Social Proof

In B2B sales and marketing, social proof is essentially digital evidence of your customers’ satisfaction with your company, product or service. This could be in the form of a customer testimonial, a Facebook ‘share’, a LinkedIn ‘recommendation’, etc. Each time your prospects/customers share one of your blog posts on Facebook or gives you a written testimonial to be featured on your website, they are co-creating your marketing content with you.

The power of this type of co-created content should not be underestimated. In a recent survey of B2B marketing professionals on the value of different types of content in convincing prospects of a company’s value proposition, it was found that content sourced from existing customers was not only more effective than internally sourced content, but also more effective than content from 3rd-party analysts. This shows that as we go into 2014, co-creating content with your customers (case studies, testimonials, video testimonials) is going to be an increasingly high-value activity.

To continue reading the second half of this blog on B2B Sales and Marketing Trends in 2014, click here.

Content is the Fuel of the Future (and the Future is Now)

b2b content developmentIt’s time to get something straight.

2013 is about to wrap-up and 2014 is around the corner.

There are hundreds (if not thousands) of articles out there that profess that “2014 will be the year of …{insert technology/strategy}”.

google2014search

On the first page of Google, terms include: e-engagement, innovation, small data, wearable technology, internet of things and other non-business predictions.

Even the editors at CMO.com put out a market research piece asking top marketing leaders what they believe 2014 will be the year of…and you’ll get answers across the spectrum of marketing topics: mobile, video, social, privacy, curation, relationships, branding, etc.

That’s great – 2014 will be the year of everything. 

However, Gabriel Sales is of the belief that there is an underlying element that fuels all of these predictions for 2014 (and what fueled the predictions over the past decade and what will continue to be the fuel many years into the future).

Before I give away the answer, think about this…

How do you e-engage?

What do you feed a system of innovation?

What is small data?

What will people access using wearable technology?

What does the internet of things output?

Content.

Plain and simple, content is the main fuel of all of these ‘2014’ predictions and so many more.

Content is the necessary gas for marketing automation, a previously crafted analogy by Travis Arnold of Kapost, found here.

Content supports all of your marketing efforts – SEO, PPC, email marketing, nurturing, banner ads, remarketing, social and more. Without content, you are not providing any substance or value to your audience. You’re just trying to sell by being a ‘pretty face’ or the ‘smartest person in the room’. That doesn’t work anymore.

The year of 2014 isn’t just about content or content marketing, but about providing such valuable content to your audience that they can’t help wanting to buy from you because you’ve given so much value already for free.

Think of developing your content this way.

You are educating your prospects so much they feel that they have become an expert in your space. In turn, they’ll realize that if your company is providing this kind of value prior to the sale, imagine how much value your company provides to their customers.

This kind of thinking is what many call ‘viral marketing’. The content you deliver publically is so good, people want to share it to help spread that good to others.  And, the service/product you deliver to your customers is so much improved that you’ll create company evangelists on both sides of the dollar sign.

For more on creating valuable and relevant content for your 2014 B2B sales/marketing efforts, read our recent blog series titled, “5 Reasons Your Content Isn’t Converting.”

This is what we do at Gabriel Sales – create and share content that supports all of your marketing and sales efforts – attracting leads, educating prospects and helping you close deals.

Feel free to contact us with any questions.

How an Outsourced Sales Team Can Help Your Marketing Team

outsourced sales teamThere comes a time for every B2B business owner, where they must decide how to approach their sales and marketing. There are many different routes you can take: hiring part-time or full-time staff, purchasing consulting services, hiring an outsourced sales team, or some combination of these.

The best option for your company is going to depend on your resources, your specific situation and your goals. If your goal is to dramatically increase revenue through your sales efforts, an outsourced sales team might be your best option. By leveraging a B2B outsourced sales team, you gain access to sales talent that you generally could not afford to hire internally. Additionally, the experience and expertise that comes with an outsourced sales team will help support and optimize your marketing efforts for greater effectiveness and efficiency.

Here are 5 ways an outsourced sales team can help your marketing team:

1. Content development

There have been a few articles recently that talk about the need for B2B companies to act like publishers in terms of their marketing content. For many companies, coming up with fresh content on a regular basis (that provides real value for prospects) is an extremely time consuming task.

At Gabriel Sales, one of the ways our sales outsourcing services support marketing teams is by providing detailed feedback from prospects on the value or effectiveness of different pieces of marketing content. Based on our analysis of phone calls with prospects and marketing analytics data, we provide recommendations for content that your prospects will find engaging and valuable (we can also produce the content for you if you have the need).

2. Augment your under staffed sales team

In recent years, budget limitations and other factors have left many B2B sales teams understaffed. In addition, cold calling just isn’t as effective as it used to be—making it much more expensive to succeed with this tactic. By going with an outsourcing option, you can gain access to an entire sales team for approximately the cost of one internal rep.

Despite how incredible an individual may be in terms of talent and skill, that person can never match the combined training, experience and established relationships that an outsourced sales team can provide. So, instead of spending money internally to hire someone new, it may be more cost-effective to outsource a whole team.

3. Leverage your investment in CRM and MA software

For many B2B companies, technologies like marketing automation and customer relationship management (CRM) software may still be relatively new and confusing. For an outsourced sales team like we have at Gabriel Sales, navigating these technologies is now second-nature. By leveraging an outsourced team, you can therefore bypass months or even years trying to figure it out on your own.

Additionally, one of the top two reasons for dissatisfaction with marketing automation is poor integration with sales. By leveraging an outsourced sales team with over 10,000 hours of marketing automation experience, you gain access to best practices and tips for better sales and marketing alignment. In other words, you let the experts show you how to succeed and what to avoid without having to go through all the headaches of learning on your own.

4. Provide qualitative and quantitative feedback on all tactics.

Every outsourced sales team needs to provide evidence of the value of their work. At Gabriel Sales, we provide our clients twelve different types of reporting on our efforts—from data on conversion ratios to verbatim transcripts of cold calls. We also have weekly meetings with each of our clients to discuss our successes and areas for improvement.

This much transparency and visibility allows your marketing team to easily understand how best to support sales with content and determine what campaigns would be most effective. With the detailed reporting of an outsourced sales team, determining how and where to optimize is greatly simplified.

5. Convert quality inbound leads to qualified prospects

Even when inbound leads come in with a high level of perceived interest, they still need to be qualified. By using an outsourced sales team, you can follow up on inbound leads and nurture them until they are sales qualified for a much lower price than handling it internally.

With a dedicated and experienced outsourced sales team at your service, your marketing team gains the data, technological skills and overall expertise they need to do their jobs as efficiently and effectively as possible.

You can learn more about the value of a B2B outsourced sales team here. To learn about the outsourced sales solutions we offer, visit our services page. Feel free to contact us with any questions.

Marketing Automation Software Wishlist 2014

marketing automation software wishlistHaving integrated and managed multiple marketing automation software solutions, the following features were not part of any of them.

1) Generate a prospect list report with last email correspondence topic and date. 

Why?

I want to know when people were last contacted to make sure everyone is getting nurtured appropriately, and no one has fallen out of drip program cycles unnecessarily.

Feature Note: The ability to select prospects by last correspondence date and select a next action, e.g. send an email, would be extremely useful.

2) Profile and score prospects via social channels that are not opted into my database, yet. 

Why?

If I can connect with someone directly outside of my marketing automation database, I should be able to get a gauge whether he/she is a potential customer for my business without needing him/her to be cookied on my particular site.

Feature Note: A database within the marketing automation software of all social connections/fans of multiple social pages and company representatives would be a revolutionary addition.

3) A recommended call-to-action engine based on matching the following: 1) a registered database of my content (that my marketing automation software understands the contents of) 2) content consumption patterns by my prospects. 

Why?

When viewing a prospect, I’d like my marketing automation software to prompt me for some recommended actions/next-steps to take for that particular prospect, e.g. finding an interest pattern and prompting me to send a piece of related content they he/she has not yet consumed.

Feature Note: Having a one-click “Execute this Action” button would be supreme for this feature.

4) ‘Emails sent’ check and suppress/delay automation.  

Why?

The ability to suppress or delay emails would be helpful in not overbearing prospects with too many emails.

Feature Note: The ability to override the delay/suppress should be available in case a critical announcement needs to be sent.

For more on marketing automation, you can find more educational blog articles here. Please feel free to contact us with any questions.

B2B Marketing Tricks & Treats

For a lot of us at Gabriel Sales, Halloween is our favorite holiday. Most of us are dressed up in the office today, so we decided to try to bring some Halloween fun to the world of B2B sales and marketing.

Here is how we see the B2B marketing experience as it relates to Halloween:

b2b sales halloween1.  Content=Candy

Everyone loves getting things given to them, but free things can always be more or less awesome. We all remember what house gave out huge Hershey’s bars and what one gave out dental floss. If you don’t want your company to be like the house that everyone avoids, make sure the content you provide your prospects with is king size.

Pumpkins2.  Lights off=No (Foot) Traffic

This one is a no brainer. If you don’t have your content on active websites, blogs and social media channels, you will have zero trick-or-treaters.

3.  Candy Bowl Outside=Anonymous Visits

Both Halloween and B2B marketing are about interaction, and the first requirement for interacting is showing up. If you just leave a bowl of candy with a “please take ONE” note, you have no way of knowing who is coming to your house and what they are doing while there. This is like having no analytics or marketing automation tool on the backend of your content marketing program. How do you know whether a group of teenagers took the entire bowl or honest children took just one each?

halloween b2b sales tips4.  Decorated House=Good Visitor Experience

People remember good experiences and will come back to have them again and again. If your house is covered in elaborate carved pumpkins and statues of ghouls and goblins, your trick-or-treaters will remember and are likely to come back next year. Similarly, if you put a lot of extra time into making your website design a great experience for your prospects, they are more likely to come back and convert.

5.  In Costume=Relate to Visitor to Build Trust

As a trick-or-treater, it is always more fun to go to a house where the person who opens the door is in costume. It shows that person understands what Halloween is all about, which creates an immediate connection. In B2B sales, the more you can do to make your prospects feel understood, the more they will want to interact with you in the future.

We hope you enjoyed our festive B2B sales tips and wish you all have a very Happy Halloween!