analysing: because you're expected to have all the answers. understanding and exploiting your...
DESCRIPTION
The role of a B2B marketer has significantly changed. All marketers know that their jobs are now part art, part science. The tactical marketer has been replaced by the analytical marketer. Put simply, marketers are expected to have all the answers – from predicting changes in the marketplace to insight on clients and competitors. With so much information now available, marketers have the power to take more control over the revenue process and generate dollars from today’s campaigns. How is this possible? It’s all about understanding and exploiting your unique position in your markets by gaining valuable insight and advice on your customers and prospects. And then turning your insight and advice into campaigns that change people’s minds and incite action. This session will offer practical guidance and insight into the technologies and information that you should be exploiting.TRANSCRIPT
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Analysing. Because you’re
expected to have all the answers.
Understanding and exploiting your
unique position in your markets.
© Claire Barker, LexisNexis 2011
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What we will cover
- Find Your Next: Using the
Business Genome
- SIC codes
- Experian/pH
- Hoovers reports
- DueDil.co.uk
- Creating a buyer persona
© Claire Barker, LexisNexis 2011
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understand exploit
© Claire Barker, LexisNexis 2011
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understand exploit
© Claire Barker, LexisNexis 2011
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understand exploit
83% of marketers currently measuring
ROI say it’s not with the
accuracy they’d like.
7% have no plans to start.
© Claire Barker, LexisNexis 2011
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understand exploit
“The real ROI is to understand what
combinations of communications
and interaction create the greatest
desired effect with your target audience.
Ian Symes. Cisco.
© Claire Barker, LexisNexis 2011
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The most important
3 letters in Marketing
Not ROI
Why
understand exploit
© Claire Barker, LexisNexis 2011
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http://www.youtube.com/watch?v=7_rL1VLg90U&feature=pyv
© Claire Barker, LexisNexis 2011
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How do you find what you need to know?
What questions do you ask?
What do you do with it all?
understand exploit
© Claire Barker, LexisNexis 2011
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The six elements of the business genome
Organise dashboards around categories, or core DNA, that
reveal new opportunities for growth.
© Claire Barker, LexisNexis 2011
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1. Product and service innovation - the invention of
offerings that resonate
2. Customer impact - a sustainable community of support
3. Process design - alignment of the "how" of a business
with the evolving "what" that customers need
4. Talent and leadership - the culture that will move a
business forward
5. Secret sauce - the recipe of differentiation and
competitive advantage in a new world of unprecedented
transparency
6. Trendability - the foresight to see the future more
quickly and adapt more rapidly to shifts in the landscape
understand exploit
© Claire Barker, LexisNexis 2011
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“Are you resourcing your teams?
Probably not.”
Scot McKee. Birddog.
understand exploit
© Claire Barker, LexisNexis 2011
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Sort – make sense of the chaos
Match your genome
Hybridize – graft on ideas
Adapt and thrive – see the future
understand exploit
“All marketers know that their jobs
are now part art, part science”.
© Claire Barker, LexisNexis 2011
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“Strategy is a living thing.”
Ian Symes. Cisco.
“Think strategy first.”
Jonathan Brayshaw. Psion.
understand exploit
© Claire Barker, LexisNexis 2011
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Think strategy.
Decide who you are
and who you are not.
What could only
come from you.
understand exploit
© Claire Barker, LexisNexis 2011
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insight incite
© Claire Barker, LexisNexis 2011
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insight incite
© Claire Barker, LexisNexis 2011
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Analyse your customer base.
UK Standard Industrial Classification (SIC)
Profiling with Experian/pH
Hoovers reports
insight incite
© Claire Barker, LexisNexis 2011
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Experian pH
Data scientists for B2B advantage
insight incite
© Claire Barker, LexisNexis 2011
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UK Standard
Industrial
Classification
(SIC) codes
insight incite
© Claire Barker, LexisNexis 2011
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“Let’s question things again.”
Steve Kemish. Cyance.
“If you do what you’ve always done,
you’ll get what you’ll always got.”
Mark Twain.
insight incite
© Claire Barker, LexisNexis 2011
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insight incite
© Claire Barker, LexisNexis 2011
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Creating a buyer persona
insight incite
© Claire Barker, LexisNexis 2011
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Alan the Marketing Manager
2
ABOUT ME
Goals: 1. Getting new clients and retaining them. 2. Brand building/reputation management. 3. Keeping track of the competition.
Frustrations: Not enough time and resource to keep up to date with the market and competition. It often isn’t my top priority.
Office Administrator: Alan
• Worked in marketing for over 10 years.
• 40ish
• Enthusiastic, open to new ideas, tech savy and good humoured
4
YOUR PRODUCT (AND THE COMPETITION)
Benefits: Meltwater called at the right time. I was drowning in Google. I wanted to keep up with the competition, use the alerts to highlight information and the ability to push the information around the company. I wanted to keep control.
Concerns: I could easily see the savings so I didn’t really have any.
Perceptions of the competition: I’m not really too sure. I wasn’t really aware of Nexis. If I was I would have bought it as Meltwater is just news.
5
IMPLICATIONS
Target Insight: Alan needs to be able to clearly demonstrate the time the solution saves him to keep up to date and share information around the company.
Core message: Nexis is where to go to for news and business information
Marketing asset: An ROI calculator would be useful
3
MY BUYING PROCESS
Buying Process/Triggers: I’m not aware of the other options available and am not actively searching. If someone calls me I might look at it. It’s important but not top of my list.
Buying Criteria: It needs to have simple and flexible pricing. I need to have all the information I need to in one place and be able to show the time I’m saving. I need to have confidence in the depth and breadth of content.
Purchase role: I don’t have any budget assigned to this kind of activity but it’s my decision as long as it’s under £5k.
1
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© Claire Barker, LexisNexis 2011
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What we covered
- Find Your Next: Using the
Business Genome
- SIC codes
- Experian/pH
- Hoovers reports
- DueDil.co.uk
- Creating a buyer persona
© Claire Barker, LexisNexis 2011
![Page 28: Analysing: because you're expected to have all the answers. Understanding and exploiting your unique position in your markets](https://reader033.vdocument.in/reader033/viewer/2022052822/554d9206b4c905525e8b466f/html5/thumbnails/28.jpg)
http://www.b2bmarketing.net/content/infographic-what-works-where
Find Your Next: Using the Business Genome to Find Your Company's
Next Competitive Edge. Andrea Kates
duedil.co.uk
http://www.experian.co.uk/phgroup/
http://www.buyerpersona.com/
sources
© Claire Barker, LexisNexis 2011