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Are You a Marketer or a Mind-Reader? How to Know What Your B2B Buyer is Really Thinking Andrew Moravick Research Analyst Aberdeen Group @Amoravick Matthew T. Grant Director, Content Strategy Aberdeen Group @MattTGrant

Are You a Marketer or a Mind-Reader?

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Page 1: Are You a Marketer or a Mind-Reader?

Are You a Marketer or a Mind-Reader? How to Know What Your B2B Buyer is Really Thinking

Andrew MoravickResearch AnalystAberdeen Group@Amoravick

Matthew T. GrantDirector, Content StrategyAberdeen Group@MattTGrant

Page 2: Are You a Marketer or a Mind-Reader?

Andrew Moravick – Research Analyst, Aberdeen Group

• Marketing and Sales Effectiveness• Recent Research:

• Understanding Best-in-Class CRM Usage for Marketing

• Demystifying Complex, Multi-Channel Sales Data

• Mainer

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Matthew T. Grant – Director, Aberdeen Group

• Content Strategy• Aberdeen Essentials Editor-in-Chief • MarketingProfs Alum• Likes words and music

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What’s on Your Mind?

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What We’re Going to Cover

• The Standard Approach to the Buyer’s Journey: Its Benefits and its Challenges

• Three Approaches to Mind Reading• News You Can Use

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We Want to Control Influence Buyers

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What’s the Standard Approach?

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We Map the “Buyer’s Journey”

The Buyer’s World

The Vendor’s World

Business as Usual Awareness of Problem

Consideration of Options

Evaluation of Solutions

The Customer Journey

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We Imagine it Looks Like This

The Buyer’s World

The Vendor’s World

Business as Usual Awareness of Problem

Consideration of Options

Evaluation of Solutions

The Customer Journey

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We Want Our Influence to Look Like This

The Buyer’s World

The Vendor’s World

Business as Usual Awareness of Problem

Consideration of Options

Evaluation of Solutions

The Customer Journey

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We Create Content by Answering Questions

The Buyer’s World

The Vendor’s WorldAwareness of

ProblemConsideration of

OptionsEvaluation of

SolutionsThe Customer

Journey

“There’s a better way?”

“How do we make it

happen?”

“What’s the best option?”

“Can we get promoted

now?”

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Behind Our Map, Our Objectives

The Customer Journey

The Buyer’s World

The Marketer’s World Awareness of Problem

Consideration of Options

Evaluation of Solutions

“There’s a better way?”

“How do we make it

happen?”

“What’s the best option?”

“Can we get promoted

now?”

The Business

Leads Opportunities Sales Wins Retention

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This Approach Yields Real Results

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Better Marketing Performance

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Better Business Performance

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Lower Cost-per-Lead

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But…This Approach Has Real Problems

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The REAL “Buyer’s Journey”

The Buyer’s World

The Vendor’s World

Business as Usual

Awareness of Problem

Consideration of Options

Evaluation of Solutions

The Customer Journey

“Oh, S#%t!!” “What the &#%^ do we do?!”

“What the &#%^ SHOULD we do?!”

“Can we stop freaking out

now?”

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Signals Get Crossed

The Buyer’s World

The Vendor’s World

Business as Usual Awareness of Problem

Consideration of Options

Evaluation of Solutions

The Customer Journey

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What Goes Wrong?

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Our Assumptions Get in the Way

[Sadly not #ProfsB2B]

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Our Assumptions Get in the Way

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How Can We Really Know What Buyers Are Thinking?

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We Have Three Options

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Option #1

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Ask Them

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46%of all marketers don’t interact with customers directly

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77%of all Leading Content Marketers interact with customers directly

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Three Approaches

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1. Talk to Sales

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Salesfolk Have Insights

1. What questions are customers asking?2. What are the problems they are talking about?3. What drives decisions?4. What gets in the way?

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Is Your Content Answering the Right Questions?

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2. Talk to Customers Yourself

1. Identify target customers2. Draw up your list of questions3. Make sure you have cleared things with sales4. Make your calls (or visit if you can)

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What’s Going On?

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(PS. You might be able to turn these conversations into content!)

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“Just observe someone while they are doing something”

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3. Hire Someone to Talk to Customers for You

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You Have to Know What You Want to Know

1. What do customers see as their most pressing “needs”?2. How do they normally address these needs?3. Why do potential customers choose competitors?4. What do customers think when they hear your message?

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You Might Not Hear What You Want to Hear

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Option #2

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Use Data

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Use Your Own Data

Data Nada

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Are There Patterns to Customer Behavior?

1. Is there a piece of content that EVERYONE touches?2. Is there content that gets ignored?3. What searches lead them to your site?4. What are people searching for on your site?5. What do your best customers have in common?

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Create a Unified View of the Customer

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Find Data Partners

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Find Data Partners

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Complete the Data Picture

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Complete the Data Picture

1. What data do you already have in your organization?2. What are you using and what are you not using (but could)?3. What data are you missing? 4. Who has that data?

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Option #3

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Write Their Minds

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A Very Powerful Tool

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Create a Category

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Create an Industry Standard

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Watch Out for Competition!

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Watch Out for Competition!

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Be Where the Buyers Are

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Be Where the Buyers Are

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Be Where the Buyers Are

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Final Thoughts

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Assumptions and Content Alignment

Data Nada

A foundational framework for what’s going on

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Assumptions + Data

Data Nada

Static/ general constructs to improve scalable relevance

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From “Alignment” to “Mind Writing”

Data Nada

The aspiration of many; the achievement of a strong few

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Things to Do

• Analyze the assumptions you are making about the buyer’s journey

• Talk to customers to test those assumptions• Refine and complete your picture of the buyer with data • Ask yourself…

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If you could write your customer’s mind, what would you write?

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Images Sources (Creative Commons)

• https://flic.kr/p/EzHYq• https://youtu.be/22P_PSUzx3I• https://flic.kr/p/4ua9wX• https://flic.kr/p/7aHHq• https://flic.kr/p/fBLcyX• https://flic.kr/p/npwZRM• https://flic.kr/p/8qexoZ• https://flic.kr/p/bzRzNy• https://flic.kr/p/aVteMH• https://flic.kr/p/fnTjdR• https://flic.kr/p/uL7TrW• https://flic.kr/p/d8ZdYN• https://flic.kr/p/62EciS

Page 67: Are You a Marketer or a Mind-Reader?

Email:[email protected]@Aberdeen.com

Follow us on Twitter via:@Amoravick & @MattTGrant