B2B Marketing Blog

With more companies likely to tighten their financial budgets going into 2012, ask yourself if your business has the financial stomach to spend more on marketing, about the same as this year, or even possibly reduce what you spent these last 12 months.

That thought especially holds true with online marketing, given that your company has a real-time impact with both current and potential customers in a matter of minutes, something that cannot be achieved through more traditional ways like newspapers, radio ads, flyers, newsletters etc.

According to a recent The CMO Survey, even with an up-and-down economy forecast to continue into 2012, chief marketing officers are looking to add to spending on all aspects of marketing in 2012.

This will especially be true when it comes to funds for social media marketing (see more on importance of social media in marketing below). The survey also goes on to note that companies will likely grow spending for marketing hires, likely around 7.2 percent on average in the next year.

That being said, those companies looking to reduce their marketing expenditures in 2012 have ways to cut back and still get some bang for their dollar, however they need to be creative to say the least.

The last thing companies will want to do is turn down or even off their marketing engines to the point that the competition takes advantage of the downswing.

In the event your company is thinking about trimming the marketing budget for the New Year, keep several factors in mind:

• Stay the course – Keeping your marketing awareness and staying engaged is less expensive than having to try and get it back down the road when the economy improves;
• Exude confidence – When you slash your marketing expenses out of what appears to be fear, current and potential customers may lose faith in your abilities. The common perception when you make such a move is that your company may be lacking some stability, therefore leading customers to question you;
• The competition likes you – When a company slashes its marketing budget, a competitor sees an opening. The competitor, who may in fact have cut back some too, could seize the opportunity to pitch their message to some of your current customers or leads you were pursuing. If that happens, you could find yourself on the outside looking in when it comes to getting that business at some point;
• Vendors may be willing to work with you – Businesses have to remember that not only are they looking to save dollars here and there, but many they work with are too. The companies you work with for your promotional items, printing, display, etc. are more apt to want to work with you than lose you altogether as a client. Just because financial times are tough does not mean there may not be some deals to be had;
• Re-evaluate your marketing techniques – Whether you are cutting back or not in 2012 on your marketing operations, take the time now to review 2011. What has worked with your marketing plans? What did not work? What are some techniques you would like to try but have hesitated in doing so up to this point? Use the last 12 months as a guiding tool for the next 12;
• Are you properly using social media? – Even though social media is there for the taking, too many businesses still do not take advantage of all it has to offer. With sites like Facebook and Twitter just to name two, companies should be sure to have fan pages set up and maximized to the hilt. Be sure that your marketing team is taking the time and effort to share and tweet pertinent information about the company, its products and services. Given the fact that more businesses will be transitioning from initial adoption of SM marketing to a more reflective and refined campaign, they are apt to want data that clearly defines the cost-effectiveness of such campaigns. Having another year of experience with social media techniques, more companies will likely show more sophistication when it comes to properly surfing the social media channel. As a result, they will seek more tools that properly enable tracking, measuring and bettering their returns on investment.

Take a look at your marketing techniques, go into 2012 with a plan in place, and market your company to success.

Dave Thomas, who covers among other subjects’ document management and HR software, writes extensively for Business.com, an online resource destination for businesses of all sizes to research, find, and compare the products and services they need to run their businesses.

Every year, the Top Sales Organization conducts an award ceremony recognizing the best in sales and marketing. Since its inception in 2010, ActiveConversion has been nominated twice, this time for the “Top Sales Productivity Tool”.  Having won the silver medal last December for the “Top Sales Tool”, ActiveConversion is thankful and grateful for the support that the online sales and marketing community has shown towards the company. This year in a new category, we here at ActiveConversion seek the same support.

Voting is easy. Click on the following link: http://www.topsalesawards.com/. Look for the category:  Top Sales Productivity Tool. Login or create a new account and then vote for your favourite sales productivity tool.

Voting will close on Dec 9^th. The award ceremony will take place on Dec 15^th, 2011 and will be hosted by Gerhard Gschwandtner of SellingPower.com and Jonathan Farrington of the JF Corporation. Public voting will account for half of the total marks with the other 50% being determined by the judging panel of industry experts.

We here at ActiveConversion hope to get your full support this second time around. We also wish you all happy holidays and a merry Christmas!

Every year SLMA organizes and opens up voting for the top 50 most influential people in Sales Lead Management. Fred Yee, CEO of ActiveConversion is nominated again third year in a row, and shares this prestigious nomination with other luminaries including Jill Konrath, Steve Woods, Phil Fernandez and Joe Payne among others.

Fred Yee has won this title in past two years and is hoping for a greater support again this year. We’re showing our support for Fred by voting, and encourage our readers to do the same.

Anyone can vote, and it only takes a minute. Fred’s name (due to alphabetization) appears at the bottom of the list.

Please vote here. Thank You!

You are invited to join ActiveConversion and Sales Lead Management Association (SLMA) for a free webinar.

View the recorded webinar now!

Our speaker line-up!

This is the first time SLMA is co-sponsoring ActiveConversion webinar and we are privileged on having James Obermayer co-host the webinar and enlighten our audience with his vast experience and knowledge on lead conversion and sales lead management. James is the author of “Managing Sales Leads, Turning Cold Prospects into Hot Customers” and “Sales & Marketing 365.”  He is also co-author of “Managing Sales Leads, How to Turn Every Prospect into a Customer” (over 12,500 copies sold).  In addition, he has written more than 80 articles on sales and marketing management.

We are also excited to have Brad Kamphuis, Director, Business Development, ActiveConversion speak at this event. Brad is a veteran (with 22 years of experience) when it comes to sales lead generation practices, and is trained in all the “big-name” sales strategies, including Dale Carnegie, Sandler Sales, Miller Heiman and Brian Tracy and has been involved in training hundreds of sales representatives.

What to expect:

In 30-45 min followed by a 15 min Q & A session, Brad Kamphuis, and James Obermayer, will walk you through the top lead management strategies and the tactics using ActiveConversion Automation Rules involved to:

• “Clean” your sales lead data to save massive amounts of time on your lead qualification process,
• Target leads to zero in on the most qualified opportunities,
• Close the loop on leads that bring you business now, and leads that aren’t ready to buy.

Online advertising like Google Adwords, MSN Adcenter and Facebook Ads all have similar ways of showing ads to targeted audiences and getting your website clicks. The problem with almost all types of advertising (online is not immune to this), is that it is hard to gauge if those clicks are becoming sales. Coupons used to be the main way companies could track print advertising return on investment while adding further incentives. If a customer comes in with a coupon in their hand, you know your campaign has worked.

Pay per click campaigns can act like a man in a gorilla costume with a sign reading “Sale!” We can assume that many people are seeing this ad, but there is little way to discern between visitors who did, and didn’t see the ad. Making things more complex, who is buying from you that saw the gorilla, who is buying from you who did not see the gorilla? This same problem can affect online campaigns if they are not setup correctly or if the administrator of the campaign is not experienced.

A few tools you can use to better track your online campaigns:

Landing pages – A landing page is a specialized page made to do one thing: to turn a “click” into a SALE. Design a landing page like a flyer or a catalogue page that the user can buy from immediately. Embed graphics and video to emphasize the value of your product, and make sure it is EXTEREMELY easy to purchase your product from that same page. Every click a user has to make will make it less likely they will finalize the transaction. The result? All sales from that page have come in from advertising campaigns and you can measure that in real numbers.

Coupon codes – “Free Shipping with the coupon BoxingDay2011” or something similar is not an uncommon offer to see on eCommerce sites. Just like in the old days of print advertising, these coupon codes can be tracked (as long as your eCommerce system supports it) and work as an additional incentive to make a purchase.

Software – A number of free and paid services/software will track your various campaigns. Integrating Google Analytics is a good first step, as it can integrate with Google Adwords and give you more intelligence on where visitors are coming from, and what they are doing once they get there.

Once you are able to tack your ROI, you can tailor your campaigns to make the most sales, while spending the least amount of money.

If your company’s marketing strategy appears to be taking on some water, perhaps it is time to set sail on a new course?

Since marketing plays such a key role in the direction of many companies, take the time to review your company’s efforts and if they are being directed squarely where they should be.

Reviewing Your Marketing Needs

As you review your company’s marketing needs, analyze where your return on investment (ROI) could be improved, where money may be disappearing to and where you see your company’s finances down the road.

Among the specific areas to zero in on are:

• Numbers review – It is important to review the company financials to determine if change is necessary.
• Marketing efforts – Where are your marketing dollars going? Have you changed anything significantly in the last six months or years? If so, what were the end results?
• Get an outsider’s opinion – While it is easy to judge things from your end, have an outsider look at your marketing efforts. They can give an unbiased viewpoint as to what may be working, what isn’t likely to work and where the dollars should be going;
• Do an industry review – See what others are doing with their marketing efforts. Are they putting the pedal to the metal or are they pulling back? While you don’t necessarily want to emulate what the competition is doing, it doesn’t hurt to review their efforts.
• Customer feedback – Most importantly, get feedback from the clients you are marketing to. Find out what they like and don’t like. If they feel something isn’t working but you aren’t aware of that, how will you fix it?

While you don’t want to be changing your marketing efforts every month, tweaking here and there is by all means a good thing to consider.

If you decide that a change to your marketing game plan is in order, be sure you can answer the question as to why this is in the first place.  At the end of the day, companies need to determine and understand the ongoing cost of promoting and advertising their brand to their customer base and the potential prospects.

Dave Thomas is an expert writer on items like copier machines and is based in San Diego, California. He writes extensively for an online resource, providing expert advice on digital copiers for small business owners and entrepreneurs at Resource Nation.

Oil and gas service providers can implement a
marketing strategy to sell to customers worldwide in
a cost-effective and affordable manner. This
strategy leverages global trade shows supported by
a marketing automation solution. This approach
maximizes the Return on Investment (ROI) from
trade shows without requiring a substantial outlay.
Implementing this strategy will increase sales
beyond their local trade area while also reducing
costs in selling to local customers.

Following up on global leads from trade shows can be expensive, time consuming, and often fail to generate a sale.  Learn how to efficiently convert trade show leads into full fledged qualified prospects using online marketing and marketing automation.

Download this eGuide to learn the basics of:

• Using the internet to engage potential customers after a trade show
• Using conversion software to identify which leads are actually interested
• Maximizing time and cost efficiency with marketing automation
• Keeping prospects engaged until they are ready to buy

Marketing used to be only for the bigger companies. They were the only ones who could afford major marketing campaigns on buses, signs and in news print. These days, SMBs are getting a huge boost in everything. Even in the B2B market, SMBs are able to compete with the larger businesses. It all has to do with the ability to market their company online. The biggest key to the marketing online is the ability to properly use a few key marketing techniques. This way, they get the attention that they need as well as the revenue that they deserve.

There are three main components any business will need if it is to have any hopes of being able to get the kind of B2B business it is looking for. They need to be able to have a website which takes advantage of everything that SEO has to offer. It is necessary to have a working knowledge of the social media sites to use them correctly. It is also necessary to be able to market through means like email. If you have mastered these concepts, you will be assured of having a great business with a lot of success.

Using SEO for Marketing

Of all of the different online marketing techniques, one of the most important is the ability to draw people to your website without having to pay any money at all. By using SEO material, it is possible to make sure that those searching for the things you have to offer will be able to find your website. They will learn about your company through the kind of content that you have available so that they can see how your company will benefit theirs.

Using Social Media for Marketing

Purchasing managers spend just as much time online through social media sites as anyone else. They want to find out about the businesses that they are buying from before making a purchase. Make sure that all of the content which is on your social media site will properly represent your company to any possible clients. This way you will be able to build a loyal following of people who will receive every piece of marketing that you attach to Facebook posts as well as the posts that make to your Twitter account.

Using Email for Marketing

Email is still something which is checked every day by individuals and businesses alike. It is possible to gain the attention that your company needs by sending out different emails. This way you will be able to market everything from a digital security system to the services and products other businesses might want to purchase. Gathering email addresses is possible through your social media pages as well as through your website. Using them will help you to get the word out about the latest that your company has to offer.

Author: Matt Kraustrunk, Resource Nation.

Resource Nation provides free tools, tips, and purchasing advice for business owners and entrepreneurs in over 100 business categories ranging from phone systems to credit card processing. Whether it’s connecting businesses with local and national pre-screened vendors, or offering easy service comparisons on a VoIP service, Resource Nation empowers business decision makers by providing the information they need to make smart choices.

There is a little used tactic in the world of marketing – it’s called education. So why do I need to educate my customers? If you help to educate them, you are building a relationship.

A relationship based on knowledge gained, is very strong. If you want a repeat customer, teach them about your area of expertise. Give them the knowledge that makes them confident about the market you are an expert in. This far increases the likelihood that they will use your product or service.

Reciprocity is a strong force. Foster a more informed customer, and they will recommend you to others!

So how does one to this? That is where blogging, social media, webinars and whitepapers all provide you the opportunities to not only reach your target audience, but to teach them. After all it’s better than a banner ad (push/outbound marketing), and a whole lot more fun!

Related articles

• Why marketing and teachers share a love/hate relationship (bilingualmontessori.wordpress.com)
• SEO, Social Media and Content: The Three Musketeers of Inbound Marketing! (B2B Marketing Blog)
• There is More to Marketing than Marketing (B2B Marketing Blog)

SEO, Content, Social Media

Search Engine Optimization (SEO), social media and content are collectively the three most important components of inbound marketing. For this webinar, we’re calling them “The Three Musketeers of Inbound Marketing”. Between them, they are capable of winning you the best qualified leads in this modern marketing battle of quality lead generation from various online medium.

View this live Webinar which took place on Tuesday, April 19, 2011 at 12:00PM MDT.

Inbound marketing “pulls” potential buyers towards your business and your products. In today’s shifting marketing paradigm, where your potential buyers research and dissect all the available options before they contact you, there is also a need for a strong inbound marketing capability. After all, you should be among the few that your potential buyers read and investigate about. Inbound marketing is executed with strategies such as: search engine optimization (SEO), relevant and compelling content, and social media.

In this webinar, Jim, our inbound marketing specialist will walk you through some tested and proven inbound marketing strategies that will enable you to know:

• How SEO can help you get found on the internet?
• How social media, marketing content and blogging can contribute towards a more informed inbound lead generation strategy?
• How marketing automation generates leads from various sources, and how it can help you make intelligent decisions?