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Are events still effective marketing activities?

Dec 01, 2011 | By Andy Grant Dip DM | Marketing Consultant | Bowan Arrow

If you asked any sales director in IT and telecommunications the question: are events still effective marketing activities? I believe you would receive a variation of the same response: “I think so but I don’t know for certain, I would have to ask my marketing team.”

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These are thrilling yet difficult times for B2B technology marketers. The end of 2011 finds us in a buyer’s market, having to work harder and smarter to encourage sustainable customer loyalty and brand advocacy – but also having a wealth of new tools and channels to help us achieve our goals. Guest blogger, Laura Nolan, Director at Marketing Options International introduces a great new video series.

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Last week at the IDM B2B Marketing Conference I was part of a panel, tasked with discussing the key skills and knowledge that a B2B marketer will need for the future. The starting point and the backdrop for the whole event (which also unveiled the IDM’s new name and branding) was that B2B marketing today is more complex than ever before. Technology has changed how customers research and buy, and the range of tools and channels that a B2B marketers has at their disposal. So what knowledge and skills are required by today’s and tomorrow’s marketer?

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Buyersphere 2011: would the real Customer 2.0 please stand up?

May 13, 2011 | By Richard Bush Dip DM | Joint Managing Director | Base One

There’s a lot of talk going on about the new breed of customer. Not only on this blog, but throughout the B2B marketing world and, of course, at next week’s IDM B2B Marketing Conference, where it is understandably the main theme of the event. But with all this talk, there is a big question to ask: is this Customer 2.0 real or imagined?

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We live in a world of denial. It’s a human mechanism – a weakness. We spend money and don’t worry about paying it back. We damage our environment and see it as the responsibility of others. We pursue activities that may not be kind to our bodies but refuse to accept the potential consequences. Some might say that denial is born from naive optimism. Sadly, reality is often too hard to face so we park the unpleasant bits or those tasks we just don’t want to face in the back of our minds – sometimes to our detriment.

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9 lessons in a B2B marketing year

May 11, 2011 | By Lawrence Mitchell Dip DigM | Marketing Director | Reed Business Information

It’s amazing how fast the last year has gone by. Whilst gearing myself up for my session at next week’s IDM B2B conference I pondered on what lessons we’d learned since the last one (as well as from the downturn that preceded it). And what are the implications for the year ahead?

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In this new mobile, social and collaborative world, nearly everyone carries a SmartPhone or tablet. With several people carrying more than one mobile device, we now have a UK average of 1.33 devices per person! According to a US report, 26% of adults read the news on their mobile device and 75% contribute to, comment on, or forward news stories. The shift is relatively recent and marketers need to quickly adapt their programs to be mobile and socially effective.

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Back in the late 90s I worked for 3Com, they had 13 divisions, and we even sold external US Robotics modems, yes they did exist. I was lucky I worked for the Palm Division and our directive was to grow market share. The appetite was right in the market and we had a far superior product to the Psion, our only competition at the time. My team travelled from technology event to event and just had to remember four Palm functions; email, notes, contacts and diary plus the USP – you could ‘sync’ your emails, that was it sold, we increased market share to over 60% in the first year, the Palm 3 and then 5 sold themselves, the market was just evolving.

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Are you maximising the Customer 2.0 opportunity?

Apr 15, 2011 | By Simon Knight | Sales & Marketing Channel Manager | Dun and Bradstreet

Social media is at the heart of Customer 2.0, enabling a new dynamic conversation with potential customers. However whilst companies are starting to formulate their strategies and successful case studies start to appear, without a clear view on how to capitalise on the interest generated, some cannot justify the investment.

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Change is good – it will give you a new lease of life

Apr 14, 2011 | By Iain Lovatt F IDM | Executive Chairman | BlueSheep

You may have read ‘Who Moved My Cheese’ by Spencer Johnson. It tackles the concept of change using an allegory to convey the need to embrace this unsettling occurrence – it’s brilliant but has been used in some dubious ways I believe! For many businesses, change is not a welcome guest – in fact, in some instances, it can threaten the very being of existence. ‘Where’ and ‘next’ are not found in the same sentence for fear of upsetting the status quo.

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No such thing as business decisions

Apr 11, 2011 | By Richard Perry | Chief Operating Officer | Gyro

In the lead up to the 8th IDM B2B Marketing Conference the premise for my blog series is this: the staunch divide between B2C and B2B no longer exists.

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Marketers – You’re banned!

Apr 01, 2011 | By Pete Jakob | Brand Manager | IBM UK and Ireland

Imagine a world where marketing and selling were declared unacceptable or even unlawful. Imagine if your marketing database had to be decommissioned and overt marketing messages from vendors were outlawed. How would our behaviour change as marketers? What would the role of the marketer even be?

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Great Expectations

Feb 14, 2011 | By Iain Lovatt F IDM | Executive Chairman | BlueSheep

The Internet has changed the nation’s psyche. You can shop in a virtual environment; use virtual money to pay for goods and for many services, such as gas, electricity insurance and you don’t even see the product you have paid for – that too is virtual. It’s all a bit bizarre in some respects. It allows you to find the best deals and chop and change according to your needs. It has given people a good deal more power than they had pre-internet. With the growth of buying power we have also seen a change in service level expectations. No matter what we are spending, the belief is that all things in the business world are equal and should you experience a substandard service – however you perceive this – the understanding is that you have a right to protest. Well, perhaps you do, but how justified are your expectations? I would like to explore this idea with regards to how businesses consider their position in delivering ‘great expectations’ – but for many legitimate reasons may fall short in their endeavours.

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Living a stone’s throw from Cheltenham racecourse you would expect the occasional indulgence betting on the horses. Indeed, I do succumb to the temptation and use this magnificent facility, dedicated to the sport of the Kings, to entertain many of our clients. It’s a great feeling when the horse you’ve backed comes in at 10 to 1. This is followed by a smug feeling of contentment because, having checked the form, read the Racing Post and triangulated my thoughts with my guests – I convince myself that I have made the right selection – or more accurately made an educated guess. Sadly, when someone wins, someone has to lose. The temptation to gamble has preyed on human vulnerability since time immemorial and has permeated the depths of our behaviours in personal and business life. Let’s face it, we all like to back a winner! From a commercial standpoint, when some businesses look to develop their marketing strategies you can’t help thinking that the gambling gremlin has landed. But it doesn’t have to be this way – you can back the right horse every time if you have the courage of your convictions. Let me explain what I mean.

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Efficiency has become one of the most commonly used words in our business vernacular. It gets CEO’s excited, CFO’s focused (never excited). Conversely, it promotes resistance in social welfare circles and trepidation for many contact centre workers. Whichever way we look at it’s inclusion in our business operations, it’s about getting the most out of things (or people). And what’s wrong with that? Efficiencies also make our lives easier in some respects and safeguard businesses from going under in competitive markets. Part of this continual drive for increased effectiveness has resulted in taking advantage of economies of scale. This concept and its broader application, is not new. In fact, it’s been part of our business thinking for many decades yet arguably its most powerful purpose has not attracted much focus. And that is the economy of scale of customers. Let me explain my thinking on this.

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