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This presentation, delivered and created by Steve Smith of The Starr Conspiracy for InfluenceHR, will show you the importance of brand in B2B marketing, how brand and demand are joined at the hip, and how to focus your time, effort, and budget to create content that builds brand and generates demand.
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BUILDING A BRAND NEWSROOM
HOW THE RULES OF CONTENT MARKETINGARE CHANGING FOR TECHNOLOGY COMPANIES
#INFLUENCEHR
WHO IS STEVE SMITH?
#INFLUENCEHR
PARTNER ATTHE STARR CONSPIRACY
FORMERNEWSPAPER JOURNALIST
EXECUTIVE EDITORTSC INTELLIGENCE UNIT
FORMER HR CONSULTANTAND COMMUNICATOR
WHAT’S IN IT FOR YOU?
#INFLUENCEHR
THE PLACE OF BRANDIN B2B MARKETING
HOW TO FOCUS YOURTIME, EFFORT, ANDBUDGET TO CREATE
CONTENT THAT BUILDSBRAND AND GENERATES
DEMAND
HOW BRAND ANDDEMAND ARE JOINED
AT THE HIP
12
3
#INFLUENCEHR
WHAT ISBRAND JOURNALISM,ANYWAY?
FIRST, SOME GOOD NEWS
#INFLUENCEHR
HR TECHNOLOGY COMPANIESHAVE BEEN LEADERS
IN CONTENT MARKETINGFOR YEARS.
NOW, THE NOT-SO-GOOD NEWS
#INFLUENCEHR
HR TECHNOLOGY COMPANIESHAVE A LOT OF ROOMFOR IMPROVEMENT
IN THEIR USE OF BRAND.
WHAT IS BRAND JOURNALISM?
#INFLUENCEHR
“Brand journalism is when any organization creates valuable
information and shares it with the world. Brand journalism is not a
product pitch. It is not an advertorial. It is not an egotistical spewing
of gobbledygook-laden corporate drivel. Instead, brand journalism is
the creation of Web content — videos, blog posts, photos, charts,
graphs, essays, e-books, white papers — that deliver value to your
marketplace and serve to position your organization as one
worthy of doing business with.”
DAVID MEERMAN SCOTT, 2010
WHAT IS BRAND JOURNALISM?
#INFLUENCEHR
“Brands will resemble publishers and assemble newsrooms and
hire or train journalists who can tell stories and contribute to
major publications.”
MICHAEL BRENNER, SAP
EXAMPLE: CISCO’S “MY NETWORKED LIFE”
#INFLUENCEHRhttp://newsroom.cisco.com/mynetworkedlife
EXAMPLE: SAP GOES BIG ON NATIVE ADS
#INFLUENCEHRhttp://www.forbes.com/sites/sap/
DOES BRAND JOURNALISM EQUALCONTENT MARKETING?
#INFLUENCEHR
No … but they both can be usedin similar ways.
#INFLUENCEHR
BRANDJOURNALISM
CONTENTMARKETING
BRAND JOURNALISM IS TELLING STORIES
FOR BRAND AWARENESS.
BOTH ARE ABOUT BUILDING TRUST AND CREDIBILITY.
CONTENT MARKETING IS DEVELOPING
AND DISTRIBUTING VALUABLE CONTENT
FOR DEMAND GENERATION.
BOTH SHOULD COMMUNICATE PERSONAL VALUE/BENEFIT.
#INFLUENCEHR
No matter what you call it,you have to do it.
#INFLUENCEHR
WHAT IS THE ROLEOF BRAND INB2B MARKETING?
WHAT IS BRAND?
#INFLUENCEHR
It’s what differentiates you from
your competitors.
It’s also the first step in building a
relationship with the buyer.
#INFLUENCEHR
FACT OR MYTH?
B2C BRANDS > B2B BRANDS
#INFLUENCEHR
MYTH
Some B2B brandscan connectbetter thanB2C ones.
THE ROLE OF BRAND IN B2B
#INFLUENCEHR
CATEGORY IDENTIFICATION(WHICH TOOLBOX)
FEATURES AND BENEFITS(HOW YOU DO IT AND
WHAT YOUR CUSTOMER GETS)
FUNCTIONAL ASSOCIATION(WHICH TOOL IN THE BOX)
DIFFERENTIATION(WHY YOU ARE THE BEST TOOL)
#1
COMMUNICATION OF VALUES(MAKING AN EMOTIONAL
CONNECTION)
RECALL AND RECOGNITION(UNASSISTED AND ASSISTED)
3 TRUTHS ABOUT B2B BRAND
#INFLUENCEHR
THE PRACTICE OF BRAND INB2B TECHNOLOGY CATEGORIES
IS TOO OFTEN ABOUTTHE TECHNOLOGY
TECHNOLOGY IS ALWAYSA TEMPORARY ADVANTAGE
12
THE PRACTICE OF BRANDIN B2B LAGS ANDNEEDS GREATERSOPHISTICATION
3
#INFLUENCEHR
THE GREAT B2B BRAND DILEMMA
COMMUNICATIONOF YOUR BUSINESSVALUE
COMMUNICATIONOF PERSONALVALUE
ALL ABOUT YOU:AWARDS, EXPERIENCE, NUMBEROF CUSTOMERS
WHAT’S IN IT FOR THEM?STRATEGIC INSIGHT, BUSINESSAGILITY, EFFICIENCY, COST SAVINGS
WE HAVE A WINNER!
#INFLUENCEHR
n=3,000.Source: CEB/Motista Survey; CEB analysis.
Familiarity, consideration, preference, purchase, repeat purchase, premium payment, internal advocacy, external advocacy.
a
Perc
enta
ge L
ift 50%
25%
0%BUSINESS VALUE PERSONAL VALUE
Commercial Impact of Perceived Brand Benefitsa
Professional benefits (e.g., promotion)Social benefits (e.g., popularity)Emotional benefits (e.g., confidence)
Functional benefits Business outcomes
21.4%
42.6%
WHAT’S IN IT FOR YOU?
#INFLUENCEHR
n=3,000.Source: CEB/Motista Survey; CEB analysis.
Perc
enta
ge L
ift 100%
50%
0%WILL PURCHASE WILL PAY A HIGHER PRICE
Likely Purchase OutcomesBuyers Who Do vs. Don’t See Personal Value
See personal valueDon’t see personal value
71%
22.6%
68.8%
8.5%
#INFLUENCEHR
VALUESVALUE
ALIGNMENT BASED ONATTITUDES, BEHAVIORS,AND BELIEFS
HOW THE BUYERPERSONALLY BENEFITS
VALUE — AN EXAMPLE
#INFLUENCEHR
Performance tools based on social technologies are more familiar and intuitive to employees. Employees adopt these tools easily and give more frequent feedback to peers and managers —leading to a more productive, engaged workforce.
VALUES — AN EXAMPLE
#INFLUENCEHR
Traditional performance management takes a top-down approach that is incompatible with today’s workplace. Social performance is better aligned with the grassroots collaboration style oftoday’s knowledge workers.
#INFLUENCEHR
BRAND VALUES = PROSPECT’S VALUES
VALUE + VALUES = EMOTION
#INFLUENCEHR
HR technology brands must make anemotional connection with the buyer.
IT’S TOUGH OUT THERE
#INFLUENCEHR
BUYERS ARE BOMBARDEDWITH MESSAGES.MORE CHANNELS,
MORE DISTRACTIONS.IT’S HARDER TO RISEABOVE THE NOISE.
1
IT’S TOUGH OUT THERE
#INFLUENCEHR
BUYERS ARE BOMBARDEDWITH MESSAGES.MORE CHANNELS,
MORE DISTRACTIONS.IT’S HARDER TO RISEABOVE THE NOISE.
1How many more emailsdo you get todaythan you didfive years ago?
#INFLUENCEHR
IT’S TOUGH OUT THERE
BUYERS ARE TAKING ONMORE OF THE RESEARCH
BEFORE THEY ENGAGEWITH YOU.
2
IT’S TOUGH OUT THERE
BUYERS ARE TAKING ONMORE OF THE RESEARCH
BEFORE THEY ENGAGEWITH YOU.
2
#INFLUENCEHR
Forrester: “Today’s buyersmight be anywhere from2/3 to 90% of the waythrough their journeybefore they reach outto the vendor.”“Use Behavioral Marketing to
Up the Ante in the Age of the Customer.” 2013.
#INFLUENCEHR
IT’S TOUGH OUT THERE
CONVERSION RATES AREGOING DOWN,
COST OF CUSTOMERACQUISITION IS GOING UP.
3
#INFLUENCEHR
IT’S TOUGH OUT THERE
Email: .5% wasthe new 1%.
Now, .3% isthe new .5%.
CONVERSION RATES AREGOING DOWN,
COST OF CUSTOMERACQUISITION IS GOING UP.
3
IT’S TOUGH OUT THERE
#INFLUENCEHR
BUYERS ARE TAKING ONMORE OF THE RESEARCH
BEFORE THEY ENGAGEWITH YOU.
2
CONVERSION RATES AREGOING DOWN,
COST OF CUSTOMERACQUISITION IS GOING UP.
3
BUYERS ARE BOMBARDEDWITH MESSAGES.MORE CHANNELS,
MORE DISTRACTIONS.IT’S HARDER TO RISEABOVE THE NOISE.
1
#INFLUENCEHR
THIS ISTHE MAIN POINTEmotional connectionsto your brandincrease demand.
WHAT’S GETTING IN THE WAY?
#INFLUENCEHR
Too many B2B marketers are still risk-averseand don’t differentiate enough.
#INFLUENCEHR
9 ESSENTIALS FORUSING CONTENT TOBUILD YOUR BRAND
#INFLUENCEHR
AUTHENTICITY
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST KNOWYOUR DIFFERENTIATION.
FIND BUYERS WHO ALIGNWITH YOUR VALUES.
1
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST KNOWYOUR AUDIENCE.
EMPATHY IS THE GOAL. 2
KNOW YOUR AUDIENCE
#INFLUENCEHR
HEATHER: VP OF HRThis buyer is primarily within HR — either a CHRO, EVP/SVP/VP, or Director. The buyer is 95% white, 60%+ female, mid- to late 40s, college-educated, usually with some kind of advanced degree. The buyer is fairly tech-savvy and believes she canevaluate solutions on her own.
“I arrived an hour and a half early this morning to get ready for the board meet-ing, where I’ll be presenting on the workforce management reports. It’s round three of tweaking the budget to meet my CFO’s ‘cut 6%’ order, so I’m meeting with my team to prioritize our activities. Because benefits enrollment is only a few weeks away, I’ve got to finish the employee dependent audit sooner rather than later. Preferably before the OFCP charge deposition next week. To top it off, I’ve just been pinged to support the cross-functional planning committee in charge of the company holiday party, and the twelfth person today just knocked on my door asking if I ‘had a minute.’ Hopefully, it doesn’t run too long because my youngest has a basketball game tonight.”
49 YEARS OLD
WHITE FEMALE
MARRIED WITH2 CHILDREN
HOMEOWNER
17 YRS. OF HREXPERIENCE
5 YRS. WITHCURRENT EMPLOYER
COLLEGE-EDUCATED
HOLDS ADVANCEDDEGREE
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST THINK LIKEAN EVANGELIST.
YOU’VE GOT TO BELIEVEIN SOMETHING PASSIONATELY
AND TELL EVERYBODY.
3
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU NEED ONE CHAMPIONWHO GETS IT.
YOU CAN’T OUTSOURCE IT.4
Know your brand's goals,message, products,and audiences
Tell stories
Get the right tools andpartners to produce anddistribute content effectively
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST COMMITTO PRODUCING GREAT,
HIGH-QUALITY CONTENT.5
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST COMMITTO CONSISTENCY.THAT’S CODE FOR
EDITORIAL CALENDAR. 6
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST BE AGILE. YOU MUST NOT BEA SLAVE TO YOUR
EDITORIAL CALENDAR. 7
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST COMMITTO CONTEXT. DELIVERTHE RIGHT MESSAGE
TO THE RIGHT PERSONAT THE RIGHT TIME.
8
DELIVER MESSAGES WITH CONTEXT
#INFLUENCEHR
EXPLORER SUSPECT PROSPECT OPPORTUNITY CUSTOMER
Any potential customersometime in the future
Anyone in market foryour solution
Any suspect who hasbecome a qualified lead
(MQL)
Any prospect who is amarketing-generated
opportunity (MGO)
A potential renewal orupsell opportunity
WHAT THEY ARE ASKING YOU
STAGE OF THE BUYING CYCLE
“Interest me.”
PRE-SALE:NOT IN THE FUNNEL
EARLY STAGE:TOP OF THE FUNNEL
MIDDLE STAGE:MID-FUNNEL
LATE STAGE:LOW IN THE FUNNEL
POST-SALE:SUPPORT/UPSELL
“Show me.” “Tell me.” “Convince me.” “Support me.”
Individual is one of the following:
Individual is: Individual is: Individual is: Individual is:
Unaware of need
Unsure of need, uncommitted to change
Sure of need, uncommitted to change
Determining criteria
Committed to change and exploringpossible solutions
Initial inquiry, first level of engagement
Determining level of urgency
Scoping at a high level
Exploring possible solutions
Evaluating options
Committing to asolution
Committing to a vendor
Scoping at a detailed level
Making the business case
Justifying decision
Resolving issues
Finalizing selection
Closing the deal
Implementing solution
Engaging employees to adopt solution
Considering additional purchases
Deciding whether to renew or look for a new vendor
9 ESSENTIALS FOR SUCCESS
#INFLUENCEHR
YOU MUST COMMITTO REAL, MEASURABLEREVENUE AND QUALITY
GOALS, NOT FALSE ONES. 9
GUT-CHECK TIME
#INFLUENCEHR
IT’S NOT ALLABOUT YOU
YOU’VE GOTTA GIVE AWAYMORE OF THE SECRET
SAUCE THAN YOU’D LIKE
YOU’VE GOTTA GIVE STUFFAWAY (THAT MEANS
NON-GATED CONTENT)
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3
#INFLUENCEHR
PARTING WORDS:STUFF TO REMEMBER
IF YOU ONLY REMEMBER ONE THING
#INFLUENCEHR
THINK LIKE A JOURNALIST
How will your work benefit
the reader? Tell people something
they didn’t think to ask.
HIRING JOURNALISTS
#INFLUENCEHR
HIRE THE ONES WHO GET IT. THERE ARELOTS OF DINOSAURS OUT THERE.
LOTS OF PEOPLE GOT INTO JOURNALISMBECAUSE THEY CAN’T DO MATH.
JOURNALISTS CAN BE CHALLENGING TO MANAGE.
LAST WORDS
#INFLUENCEHR
Make it clear who owns what
Define your strategy, design content to fit
Remember that you can’t separate media from message
FINALLY, SOMETHING FOR YOU
#INFLUENCEHR
EMAIL: STEVE�THESTARRCONSPIRACY.COM“The New Rules of Marketing and PR,” “Newsjacking”
David Meerman Scott
“The Thank You Economy”
Gary Vaynerchuk
“Ignore Everybody,” “How to Be Creative”
Hugh MacLeod (Gaping Void)
Anything on Copyblogger.com
Brian Clark
TSC e-book: “11 Tips for Building a Brand Newsroom”
http://ar.gy/TSCbrandnewsroom
TSC white paper: “Brand Journalism”
http://ar.gy/TSCbrandjournalism