it marketing world: optimize b2b content marketing with interactive white papers
DESCRIPTION
Content Marketing investments are significant, but not always effective, unless you map content to Buyer’s Journey and invest in new marketing tools such as Interactive White Papers.TRANSCRIPT
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Best Practices Webinar Series Presents…
“Stay Relevant: Map Your Interactive White Papers to the Buyers Journey”
Featuring Tom Pisello, Chairman & Founder, Alinean Inc.
26 May 2011
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Tom Pisello: The ROI Guy
A 20-year career helping companies to get more business value from their IT and business investments
• Blogger
• Evangelist
• CEO
• Analyst
• Serial Entrepreneur
• Engineer
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Agenda
• The Significance of Content Marketing
• Content Marketing Challenges
• The Interactive White Paper Evolution
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The Significance of Content Marketing
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51% increasing budget over next 12 months
Content Marketing Spending and Tactics
Junta42 and MarketingProfs, 2010 Content Marketing Benchmark Survey
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Content Marketing Challenges
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Crisis in Confidence
Only 41% indicate that their content marketing efforts are effective.
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Why Does Content Marketing Have Effectiveness Issues?
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Buyers Have Fundamentally and Permanently Changed
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Longer Sales Cycles
Reduced Deal Size More Leads to Close Same Amount of Business
Stalled Deals
Increased Competition More Stakeholders
Executive Scrutiny
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Information Overload Rising / Effectiveness Declining
10
50%
28%
10% 6%
3% 3%
37% 40%
6% 3%
11%
3%
0%
10%
20%
30%
40%
50%
60%
1 to 10 11 to 25 26 to 40 21 to 50 51 to 75 75+
Campaigns Received Per Week
2006 2010
Average 2006: 15.4 campaigns Average 2010: 20.3 campaigns 32% increase
Source: SiriusDecisions 2010
32% increase
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Short Attention Span Theater
Making the Case for Shorter Content, IDG Connect, Bob Johnson, Analyst, n=389, October 30, 2008 http://www.idgconnect.com/view_abstract/6005/making-case-shorter-content?source=connect
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Which Content is Most Effective?
0%
10%
20%
30%
40%
50%
60%
70%
Early Middle Late
White papers
Peer referrals
Webinars
User Events
Analyst reports
Case Studies
Most often used to help make purchase decisions
Source: SiriusDecisions 2010
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Will White Papers Retain The Content King Crown?
• > 84 % buyers use white papers during the buying journey (most used)
• Average of 3.2 white paper downloads per month (very active)
• Leveraged throughout the buying lifecycle:
– Discovery
• 35% for awareness and finding ideas to challenge status-quo
• 33% for finding solution options
– Consideration -23% for creating a short list of vendors and vendor evaluation
– Decision - 10% for making a final decision
BUT, utilization and frequency of use are DOWN year over year…
Overload, Length and Relevance are all issues
Source: Ziff-Davis Enterprise
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Who do Buyers Trust for Decision Support Content?
0%
5%
10%
15%
20%
25%
30%
35%
Early Middle Late
Internal events/triggers
Peers
Industry analysts
Trade publications
Search engine results
VARs/Partners
Consultants
Vendors
Most often selected as trusted source for purchase decisions content
Source: SiriusDecisions 2010
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Irrelevant Content Has a Significant Cost
Irrelevant Content :
• Drives up content creation costs • Increases the buyer’s decision making process by two weeks or more • Reduces the chances of making the buyer’s selection shortlist by 1/3rd • Shrinks the chance of getting the sale by almost 50%
Making the Case for Shorter Content, IDG Connect, Bob Johnson, Analyst, n=389, October 30, 2008 http://www.idgconnect.com/view_abstract/6005/making-case-shorter-content?source=connect
86% of respondents indicating that relevant content drove the buyer’s decision
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Making Content Relevant with the Buyer’s Journey
Buyer’s Journey
Discovery Consideration Decision
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Content to Facilitate the Buyer’s Journey
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The Interactive White Paper Evolution
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• Connect, Engage and Sell to More Empowered, Skeptical and Frugal Buyers
– How do you stand out from the 100 other marketing emails / campaigns buyer receives each day?
– How do you create credible content that users will trust / believe?
– How do you engage without overload? • Long and more comprehensive assets have value, but demand a lot of time and
some information may not be relevant or may confuse buyer
• But, if you make it short, you may not have enough information to really engage the prospect and hit their specific pain points
– How do you deliver what buyers need based on their stage / role in the buying decision?
• Improving Marketing Effectiveness
– How do you increase the effectiveness of content marketing being created?
– How do you help drive higher quality sales ready leads to sales?
– How do you get more lead intelligence to directly assist sales in more successful calls and increased conversions?
Why Different Strategy is Needed?
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Evolving to Meet Buyer Challenges
One size fits all white papers don’t work any more
• Challenges:
– Cut through information overload with something new and different
– Evolve into more relevant one-to-one content
– Connect with frugal buyers
• Percentage indicating targeted content is more valuable when customized for:
– By Industry: 82%
– By Role / Job Function: 67%.
– By Company Size: 49%
– By Geography: 29%
Source: MarketingSherpa and KnowledgeStorm http://www.knowledgestorm.com/search/viewabstract/90153
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Connect and Engage with Interactive White Papers
• Break through the Noise! • 3rd Party Credibility
• Improved Intelligence via Profile
PERSONALIZATION
•
CUSTOMIZATION
•
ONE-ON-ONE COMMUNICATION
Pivot Points: • Industry • Location • Size • Stage in Buying Cycle • Role in Buying Cycle • Pain Points • AS IS: Asset / Service Survey
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User Provides Responses to Profile Questions
User Fills in Simple Form Tip Help Provided Confirms Edits
Intelligence for: • Personalized report • Lead Nurturing
Weigh Value of Each Question versus: • User Time • Personalization / Intelligence Value
Once Questionnaire Complete, Can Download Report
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Personalization
Qualitative • Company Name • Focus on Pain Points • Case Studies by Industry / Location / Size
Quantitative
• Cost of Doing Nothing • Quantify Value / Benefits • ROI / Payback • TCO Advantages
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Next Steps
Get a Free White Paper Assessment
http://www.alinean.com/white_paper_audit/
• Examine existing white paper inventory for potential Interactive conversion – Pivot points
– Content availability / content / research needed
• Examine new white paper potential – Properly aligned with Demand Creation Spectrum?
– Help Buyers Journey along the Buying Lifecycle?
– Value Focused: Diagnostics / Justification / Competitive Value?
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Questions?
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Tom Pisello: The ROI Guy
Email:
Blog:
http://tompiselloroiguy.blogspot.com/
Alinean Inc.
http://alinean.com
http://fightfrugalnomics.com
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