Showing posts with label Relevance. Show all posts
Showing posts with label Relevance. Show all posts

Saturday, September 14, 2013

Stop Wasting Your Time on Superficial Personalization

For more than two decades, experts have urged marketers to use personalized messages to boost the effectiveness of marketing communications. Many marketers have heeded this advice, and they are now using various technology tools to create personalized marketing messages in a variety of media and formats, including web pages, e-mail messages, and printed materials such as direct mail documents.

The most common way to personalize a marketing message is to include specific facts about the recipient in the message. Some examples would include the recipient's name, her job title, company affiliation, the industry in which she works, or information about a recent purchase.

The reality is, this type of explicit personalization no longer has much impact with potential buyers, largely because so many marketers are using similar personalization tactics. Two recent research projects have confirmed that explicit personalization alone has become an anemic tool for improving the effectiveness of marketing communications.

Earlier this year, the Economist Intelligence Unit (EIU) conducted two concurrent surveys sponsored by Lyris. One of the surveys was directed at consumers, and it asked survey participants about the effectiveness of various marketing channels and tactics, how they prefer to engage with brands, and what influences their purchase decisions. You can obtain an executive summary of the EIU survey report here.

The major findings from the EIU consumer survey regarding personalization include the following:
  • More than 70% of survey respondents said that the volume of personalized messages they receive has increased over the past five years.
  • Seventy percent of the respondents said that many of the personalized messages they receive are annoying because the attempts at personalization are superficial.
  • Sixty-three percent of respondents said that personalization is now so common that they have grown numb to it.
  • Only 22% of respondents said that personalized offers are more likely to meet their needs than mass market offers.
Research by the CEB Marketing Leadership Council also shows that explicit personalization has lost much of its impact. In July of this year, CEB surveyed 1,500 consumers from the United States, the United Kingdom, and Australia regarding how, why, and what they buy, and about their attitudes regarding the tactics brands use to engage them. One of the survey questions asked participants how they felt about some of the more common forms of explicit personalization. The table below shows how the survey participants responded.














The lesson here is that explicit personalization alone is not sufficient to make marketing messages more effective. The real key to improving the effectiveness of your marketing messages is to use what you know about your potential buyers to craft messages that will be more relevant and useful to those buyers. Relevance and usefulness (what Jay Baer calls "Youtility"), not mere personalization, are the real drivers of better marketing results.

This doesn't mean that you should stop personalizing marketing messages. It does mean that the personalization should be contextually appropriate (not just a gimmick) and that personalization shouldn't be the core component of your messaging strategy.

Sunday, March 10, 2013

Three Questions Your Content Marketing Plan Must Answer

It's now abundantly clear that content marketing is a core marketing tactic for many companies. Research by the Content Marketing Institute suggests that nine out of ten B2B companies are using content marketing in some form.

Developing a content marketing program is a significant undertaking for any company. Not only does it require the creation of new content resources and the implementation of new marketing tactics, it also involves a fundamental shift in the philosophical approach to marketing.

When I'm talking with clients about implementing a content marketing program, one question that always comes up early in the conversation is: "How do I get started?" I always answer this question by saying that the first step is to develop a content marketing strategy and plan for the business. That answer usually leads to a second question:  "What should be included in a content strategy/plan?"

A complete content marketing plan will address numerous issues and contain significant detail, but at the most basic level, a content plan must answer three fundamental questions:
  • What issues or topics will the content resources address, and how will the resources be made relevant for potential buyers?
  • What digital and/or physical formats will be used for marketing content resources?
  • When and how will content resources be published, distributed, or otherwise brought to the market, and how will they be promoted?
Like the proverbial three-legged stool, the answers to these three questions define the core elements of your content marketing strategy and plan. What makes these three questions particularly critical is that they apply both to the overall content marketing plan and to individual content resources. In other words, every time you contemplate the creation of a new content resource, you need to determine what issues it will address and how it will be tailored for a specific target audience, what format will be used for the resource, and how the resource will be published, distributed, and promoted.

Of these three questions, the first is by far the most important. One of the biggest content marketing mistakes that I see companies make is allowing format, rather than message, to drive the content development process. Marketers sometimes say, "We need a white paper [or an eBook or a Webinar]," rather than, "We need a content resource that communicates message X to audience Y." If you want to create an effective content marketing program, think messaging first, and then format and distribution.

I've published several posts here that discuss how to make content messaging more effective. In case you missed those posts, here are the links:

Monday, February 25, 2013

And the Oscar Goes to... The Customer!


Greetings...

The Oscars were watched by an estimated 1 Billion people globally last night... it must be true-- movies and perhaps a short "escape from reality" brings people together!  I had an "a ha" moment during the 2013 Oscars telecast -- specifically during the "Captain Kirk" intro an it was reinforced throughout the evening.  Giving people a "moment in time" what they really want...escape to Paris in Les Miserables, journey on a boat in the sea with The Life of Pi, or simply see action at its finest with James Bond in Skyfall.

So my Oscar goes to...the Customer and Member!

Our customer, or member, simply wants a "moment in time" when they visit us, too.  They want that new car, the dream vacation, or simply to pay for my child to go to the right college!

And we can give them that moment!!  IF, we have all of our touch points and brand aligned.

As I began to think about this-- and how we can give our customer/member that moment...there were three key lessons that jumped out at me while watching the Oscars last night...
  1. Relevance matters:  How can we provide the "right moment" for our customer/member? By asking the "right questions!"  James T. Kirk STILL draws attention and a standing ovation?  He has stayed relevant across time!  How does a make-up artist on a small, low budget film attract any attention?  She/he is relevant to his target audience and blows out their opportunity!  Both important points for marketers in every industry...relevance is the ONLY thing that matters.
  2. YOU can win:  How does the small film from Africa make it to the Oscar night with a 9-year old leading star?  Because she has talent! No matter how small, how remote, how unknown you are today...tomorrow can be a different day is you have a true point of difference AND everyone works together to make it a night/day of magic for the customer/member!
  3. The Story Matters:  Regardless of age, color, creed, economic, or social status... having a moment in time that is all about "me" is what connects people.  Action film, historical documentary, love story, epic drama..that format has mattered little...the moment that I can "get away" from it all has mattered greatly. Remember, its the STORY people want to hear and connect with!!
Money connects people, too.  Big bank, small bank, savings and loan or credit union....we can ALL connect to our customers/members.  We operate in the banking industry where money is the great connector for us...but that MOMENT of TIME is the sticking point for the customer!  You can get "money" lots of places...but meeting my dreams and having "my time away from it all" is where price is minimized and value enhanced.

Think Starbucks...that's EXACTLY what they provide.   Sure a good cup of coffee...but the WIN is that the cup of coffee is EXACTLY how I want it and WHEN I want it.  People want access to time (mobile deposit)...more of it... security for it.  EXACTLY what we as bankers and credit union folks provide.

Our challenge??

Being Relevant...Realizing that WE CAN win...and connecting people to US how they want and when they want...regardless of the format.  Sure, some formats offer better storytelling or better service but the bottom-line...there is ROOM for each of us to stake our claim and be a Oscar winner.

It just takes focus and energy...

But that is the next blog!

Cheers!

Bruce


------------------------------------------------------------------------
With more than 182,000 visits worldwide, we hope that you enjoy this blog.  If you find it helpful, please share it with your colleagues.  Also, check out our YouTube Channel for short video blogs about financial marketing.  

We bring these marketing philosophies to community banks and credit unions nationwide, and would love to bring them to your institution too.  Contact us to see how.

MarketMatch is also a nationally and internationally requested speaker.  Contact us to bring our marketing ideas to your next conference.
937-832-7894 x101

Monday, July 9, 2012

From the rooftops...

 Greetings:

There are two schools of thought when it comes to advertising your marketing message...
  1. Constant and consistent
  2. Loud and Proud
Much of our work is dedicated to development of client strategy for communications and marketing.  A consistent question we receive that I thought would make a great blog post...

How often should I be advertising my marketing message?

Our answer??

Whenever you have something to tell...tell it loud and proud with consistency!

Perfect...so the answer falls squarely between the two schools of thought...nice consulting!  Actually, the reality of life says that EVERYTHING falls between the two certainties...that's Murphy's Law at play!  Consulting advice is nothing different.  The key to great consulting is knowing where and when to apply the strategic pressure...not just that you apply pressure.

So, what am I meaning??

We believe that you advertise WHEN you have a:
  • compelling story
  • unique product or offer
  • cannot wait item or news/interest
  • market opportunity
and IF do you have one of these instances... say it LOUD and PROUD...meaning make enough noise in the marketplace that your unique and powerful message is heard!  Then be consistent with that message for as long as your budget can support and the uniqueness stands.

If you don't have of these instances...then be constant and consistent... a drum beat is the description we use.  Be constant and consistent but at a lower level-- you know,  the level just above "not much" and below the "hear us now" levels.

The key is making sure that your investment in advertising is doing the two items it is intended to do....create awareness and generate interest.  To create awareness the market needs to know about it...and to generate interest it has to be relevant and compelling.

That's where the marketing strategy comes into play for the advertising.  Knowing when to hold your cards and investment is sometimes more powerful than playing all of your cards!

So...if you have a compelling and relevant message...Shout it from the ROOFTOPS with all the gusto you can muster!

Cheers!

Bruce

PS>> Look for our announcement of a game-changing Leadership Session coming in the fall!
 
-------------------------------------------------------------------------------

MarketMatch is a full-service marketing firm, dedicated to the credit union and community banking community.  We utilize knowledge-based strategies to help you FOCUS on the right story that will generate the greatest  MOMENTUM and prove the best RESULTS with our written ROI Guarantee.


Monday, February 13, 2012

All I ever Needed to Know...I learned at the Grammy's!


Greetings...

The Grammy's were watched by an estimated 39 million people last night... it must be true-- music brings people together!  I had an "a ha" moment during the 2012 Grammy telecast -- specifically during the section that Paul McCartney performed followed by Taylor Swift -- EVERYTHING
I ever needed to know about marketing was summed up by the Grammy's!

There were three key lessons that jumped out at me...while watching the Grammy's last night...
  1. Relevance matters:  How can Paul McCartney STILL draw attention and a standing ovation?  He has stayed relevant!  How does Chris Brown attract any attention?  He is relevant to his target audience!  Both important points for marketers in every industry...relevance is the ONLY thing that matters.
  2. YOU can win:  How does Susan Boyle make TV and better yet...make records?  Because she has talent! No matter how small, how remote, how unknown you are today...tomorrow can be a different day is you have a true point of difference!
  3. Music connects:  Regardless of age, color, creed, economic, or social...music connects people.  8-track, cassette tape, 45, CD, Walk Man, or iTune...that format has mattered little...the music has mattered greatly. 
Money connects people, too.  Big bank, small bank, savings and loan or credit union....we can ALL connect to our customers/members.  We operate in the banking industry that money is the great connector for us.  People want access to it...more of it... security for it.  EXACTLY what we as bankers and credit union folks provide. 

Our challenge??

Being Relevant...Realizing that WE CAN win...and connecting people to US how they want and when they want...regardless of the format.  Sure, some formats offer better sound or better service but the bottom-line...there is ROOM for each of us to stake our claim and be a Grammy winner.

It just takes focus and energy...

But that is the next blog!

Cheers!

Bruce


MarketMatch is a full-service marketing consulting firm, dedicated to the credit union and community banking community.  We utilize knowledge-based strategies to help you FOCUS on the efforts that will generate MOMENTUM and yield the greatest RESULTS for your bottom line.

Sunday, August 21, 2011

What It Takes to Make Marketing Content More Compelling

There's no longer any doubt that relevant marketing content is essential for B2B marketing success.  Business buyers are incredibly busy, and they're exposed to hundreds of marketing messages every day.  The only reliable way to cut through the clutter and create meaningful engagement with potential buyers is to provide marketing content that prospects will see as relevant and compelling.

The big question for marketers is, how do we create this kind of content?  We often hear or read that the answer is to customize marketing messages and materials for specific buyers.  But, what kinds of "customization" will actually increase marketing relevance and effectiveness?

There are two proven ways to make marketing content more relevant and compelling.  The first key is to make it easy for prospects to identify with your content.  To do this, you'll need content that's customized to fit the personal and professional characteristics of your potential buyers.  What jobs do your prospects hold?  What kinds of companies do they work for?  What size companies do they work for?  So, for example, if your target prospects are plant managers in small manufacturing companies, you'll need content that's tailored for that kind of buyer.

This kind of content customization increases what I call personal relevance, and it's proven to increase marketing effectiveness.  In research by MarketingSherpa, 82% of business buyers said that marketing content was more valuable when it was targeted to their industry.  Sixty-seven percent of buyers said that marketing content was more valuable when it was targeted to their job function, and 49% said the same for content that was targeted to companies of similar size.

The second way to increase relevance is to create and use marketing content that speaks to issues that have immediate importance to your prospects.  Most B2B buyers move through an identifiable set of buying stages as they make purchase decisions, and the issues that are most important to buyers will change as they move through the buying process.  If your marketing content provides a potential buyer information that's out of sync with his or her decision making process, it's far less likely to capture the buyer's full attention.

The solution is to use marketing messages and materials that are designed for each stage of the buying process.  This kind of content customization enhances what I call situational relevance, and it can provide powerful competitive advantage.  In a recent survey of B2B buyers by DemandGen Report, 93% of respondents said the solution provider they chose supplied ample marketing content to navigate through each phase of the buying process.

A few weeks ago, I published a white paper that describes these two ways to make your marketing content more relevant.  If you'd like a copy of this white paper, send an e-mail to ddodd(at)pointbalance(dot)com.

Wednesday, June 8, 2011

Making Localized Marketing Easy and Affordable

In my last post, I briefly described how marketing asset management solutions work.  These solutions automate many of the processes relating to the procurement, production, management, and distribution of marketing materials such as marketing collateral documents, promotional items, and point-of-sale materials.

Marketing asset management solutions can dramatically reduce the indirect costs associated with marketing materials, but they can provide many other benefits as well.  One of these benefits is to make localized marketing easy and affordable.

Marketers have long recognized that customizing marketing materials for specific audiences will increase relevancy and improve the effectiveness of those materials.  One proven application of this tactic is known as localized marketing.  Localized marketing is just what it sounds like - the practice of customizing marketing materials for local audiences.  In can be as simple as adding local contact information to otherwise standard marketing collateral materials or as complex as creating an entire promotional program (direct mailers, print ads, point-of-sale materials, etc.) that is customized for a specific geographic market or buyer segment.

Unfortunately, localized marketing has traditionally been cumbersome, time-consuming, and costly.  Marketers who wanted to reap the benefits of localized marketing were usually forced to make an unattractive trade-off between keeping control of the brand and excessive costs.

Marketing asset management solutions can eliminate the barriers to localized marketing.  By using customizable templates for marketing materials, MAM solutions enable corporate marketers to retain control of brand messaging and brand presentation, while simultaneously enabling front-line marketers (salespeople, local store/branch managers, dealers, franchisees, etc.) to customize marketing materials to fit their marketing needs.

Would a marketing asset management solution make sense for your company?  To find out, read our white paper titled, Is a Marketing Asset Management Solution Right for My Company?  Request your copy by sending an e-mail to ddodd(at)pointbalance(dot)com.

Wednesday, July 28, 2010

How MSP's Can Take Advantage of B2B Marketing Automation - Part 1

The use of marketing automation technologies by B2B companies is growing rapidly, and the growth is likely to continue for the foreseeable future.  Marketing service providers who serve B2B companies need to be aware of this trend because it changes the way B2B companies approach marketing and the kinds of marketing services they will require - and be willing to pay for.  To fully realize the benefits of marketing automation, B2B companies will need to define marketing and sales processes more precisely, and they will need to implement new marketing techniques. Marketing service providers who can help B2B companies make these changes stand to win new clients and boost revenues.


The best way to identify the kinds of marketing services that are likely to see increased demand is to identify the tasks that B2B companies must perform in order to take full advantage of marketing automation systems. There are eight major tasks that are essential to implementing and successfully using marketing automation technologies. Most of these tasks provide the foundation for new marketing techniques that many B2B companies have not previously used. Therefore, many B2B firms – especially small and mid-size companies – will need assistance to perform some or all of these tasks, and that’s what creates the opportunity for savvy marketing service providers. I’ll describe two of these major tasks in this post, and I’ll cover the others in my next few posts.

Creating an Ideal Customer Profile – This task is right out of Marketing 101, and it should be a core component of every company’s marketing process, whether or not marketing automation is involved. An ideal customer profile is simply a description of the kinds of companies that make the best customers and, by extension, the most attractive prospects. The ideal customer is usually described in terms of “firmographics” such as industry classification, company size, and geographic location. The ideal customer profile is used to shape lead generation programs, and it is one major component of the lead scoring system that will be set up as part of the marketing automation implementation.

Obviously, a marketing service provider cannot decide what a client’s ideal customer profile should be. The role of the MSP is to lead the client through a process that is designed to ensure that all the right questions are asked and that all the appropriate factors are considered.

Developing Buyer Personas – Most B2B buying decisions are made (or significantly influenced) by a group of people rather than by one individual. This is true even in relatively small companies. Research firm MarketingSherpa says that in companies having between 100 and 500 employees, the average number of people involved in buying decisions is 6.8. This buying group is usually composed of individuals who have different points of view regarding a proposed purchase. For example, a “user buyer” will usually have different priorities than a “technical buyer” or an “economic buyer.” To market to these buyers effectively, a company must develop marketing content that addresses the specific needs of each type of buyer in the buying group. The basis for developing such content is buyer personas.

A buyer persona is a biographical sketch of a typical buyer. It is more than a job title. Buyer personas are written in narrative form, and they are written as if the archetypical buyer is a real human being. A company needs to create a persona for each type of buyer who significantly influences the purchase decision. Marketing automation systems enable companies to create and execute marketing programs that are customized for each type of buyer, but the starting point for leveraging this functionality is the creation of buyer personas.

To develop a complete buyer persona, marketers must answer several questions about each type of buyer. Here are some examples:

•What are the buyer’s major business objectives and job responsibilities?
•What strategies and tactics does the buyer use to achieve his objectives and fulfill his responsibilities?
•What measures are used to evaluate the buyer’s job performance?
•What issues and problems keep the buyer awake a night?
•How old is the typical buyer? [Age range is OK]
•Is the buyer typically male or female?
•What is the typical buyer’s educational background?
•What sources does the buyer turn to for information?
•How would the buyer describe the issues he or she is facing?

As with the ideal customer profile, an MSP cannot build buyer personas “for” a client, but the MSP can lead the client through the process of developing buyer personas that will drive relevant and effective marketing.

In my next post, I’ll cover two more tasks relating to marketing automation that MSP’s can help B2B marketers perform.

Thursday, March 25, 2010

Getting Specific About Value

We now know that providing relevant content to potential buyers is essential for effective B2B marketing.  One key to increasing the relevancy of marketing content is to make it more specific.  Consider the following two statements:
  • "Our new ProWidget can enable you to reduce equipment downtime and improve manufacturing efficiency."
  • "Customers using our new ProWidget have reduced the cost of equipment downtime by an average of $100,000 per year."
Which of these statements is more compelling?  I think it's clear that the second statement is more powerful because it's more specific.

To make marketing content more specific, you need to have a thorough understanding of how your products and services produce value for customers.  In an earlier post, I explained how to build a customer value matrix that will provide detailed insights about this critical issue.

Now for a confession.  You may need more than one customer value matrix to get a complete picture of how your products and services produce value for customers.  This is likely to be true if you sell to more than one industry or type of business.

To understand why, we need to review a few principles about value.  All products and services have features and attributes that enable certain jobs to get done.  By providing ways to get things done, features and attributes produce benefits for the people and companies that use the product or service.  The value of any product or service depends on the value of the benefits the product or service produces.

The catch is that the value of any particular benefit can vary significantly from customer to customer depending on the nature of each customer's business. 

To capture these differences, you need to create a separate customer value matrix for each industry or major type of business you serve.  After you've created your initial "catch-all" matrix, think about one of the industries of major types of business your serve.  Go back through your catch-all matrix and create a separate version that is targeted to that industry or type of business.  What you are likely to find is that some benefits or sources of value become much more important when you're focused on one particular type of business.  This insight will enable you to develop content that is more specific, and therefore more relevant, to that industry.

Monday, March 15, 2010

Personalization Alone Doesn't Create Relevance

Today's B2B marketers have more ways to reach out to customers and prospects than ever before.  Digital technologies have created new marketing channels and enabled marketing techniques that would have been impractical, if not completely impossible, only a few years ago.

But despite the new marketing channels and technology tools, most B2B marketers are finding it more difficult to capture the attention of potential buyers and create the kind of engagement that leads to new business.  Easy access to information makes B2B buyers less dependent on sellers than in the past, and our environment is filled with advertising and marketing clutter.

As I've written before, the real solution to overcoming these hurdles is to use marketing messages that are relevant to the problems and issues B2B buyers are facing.

The good news is that B2B marketers now have an array of tools to improve the relevance of marketing communications.  Personalization technologies can enable marketers to create marketing messages that are customized for individual prospects.  For example, marketers can use variable data printing to create direct mail pieces that are customized for each recipient.  Other personalization technologies make it possible to create customized e-mail messages and Web pages.

The capabilities of personalization technologies are impressive, but it's important to remember that personalization alone does not necessarily create relevance.  For some time, marketers have been personalizing marketing messages by including specific facts about the recipient - her name, job title, or company affiliation, for example - in the message.  I call this explicit personalization, and the reality is that explicit personalization alone won't make an irrelevant message relevant.

Effective marketing can be defined as getting the right offer in front of a potential buyer at the right time.  Information about a potential buyer - particularly the buyer's behavior - can be a powerful tool for determining what the right offer should be and when that offer should be presented.  When personal information is used this way, the result is a personalized, customized, and relevant marketing message.  What makes this kind of message different from one based only on explicit personalization is that the personalization is embodied in what the offer is and how it is presented, rather than in a collection of "facts" about the recipient.

All relevant marketing messages are in a very real sense personalized, but not all personalized messages are relevant.

Friday, February 26, 2010

More Proof That Relevant Marketing Content is Essential

Earlier this week, I attended a Webinar titled Inside the Mind of the B2B Buyer - New Data on the Path to Purchase.  This Webinar discussed the results of a recent survey that was conducted by DemandGen Report and sponsored by Genius.com.  The survey targeted B2B buyers who had made a recent purchase.

The lead finding in the survey is that more than 80% of buyers said they initiated contact with potential solution providers.  Fewer than 10% of recent buyers said that they were contacted "cold" by the solution provider.  This finding is similar to the results of other recent research, and it reinforces the proposition that, today, buyers find sellers much more often than sellers find buyers.

The DemandGen Report survey also provides important insights into the behavious of today's B2B buyers.
  • 70% of buyers began their research using online search
  • 70% of buyers started their research by visiting a vendor Website
  • 78% of buyers started their purchasing process with informal information gathering
  • 59% of buyers engaged with peers during the buying process
  • 48% of buyers followed industry conversations online
  • 44% of buyers conducted anonymous online research
These results clearly demonstrate why marketing content is so critical to B2B marketing success.  Potential buyers are forming opinions about your company and your products and services based on the content you provide - often long before you even know who the potential buyers are.

This survey also confirms that compelling marketing content has a major impact on winning business in today's business environment.  Ninety-five percent of recent purchasers said that the solution provider they ultimately chose provided them with ample content to help them navigate through each stage of the buying process.

So, the jury is in and the verdict is clear.  Relevant and compelling content is essential for effective B2B marketing.

You can access a recorded verison of the Webinar here.

Monday, February 8, 2010

There's No Substitute for Relevancy

In my previous post, I described some of the characteristics of today's B2B buyers, and I said that because of easy access to information, business buyers now essentially control the buying process. Buyer empowerment is one of three forces that are shaping the B2B marketing landscape. Just like moving water shapes the physical world, these three forces are redefining what effective B2B marketing is and how it's done. The third force is marketing automation technologies, and I'll cover this topic in my next post.

The second force driving fundamental change in B2B marketing is the growing need to create and use marketing communications and materials that are relevant to potential buyers. Relevance has become a necessity for two reasons. First, our environment is filled with marketing and advertising clutter, and the clutter is getting worse, not better. As marketing clutter increases, the effectiveness of generic, self-promotional marketing messages decreases. B2B buyers simply tune them out. Second, today's B2B buyers are incredibly busy. Their time is their most precious commodity, and they protect it at all costs. If a buyer doesn't see your message as relevant, he or she will ignore it.

The dictionary definition of relevant is, "having significant and demonstrable bearing on the matter at hand." Therefore, to be relevant, a marketing message must speak directly to an issue, problem, challenge, or outcome that's important, or at least interesting, to the potential buyer.

To create relevance, you have to know two things about your potential buyer. First, what role does the buyer play in his or her organization, and how will your products or services create value for this specific buyer? How do they make his life easier? What problems do they help her solve? Most B2B sales involve several "buyers" and these buyers will have different needs, issues, and problems. This means that you need to create marketing messages and materials that are customized for each type of buyer you typically encounter. In an upcoming post, I'll describe how you create buyer "personas" and then develop marketing materials for each persona.

The second thing you need to know is where the buyer is in the buying cycle. This is important because the kind of information that a potential buyer will find relevant changes as he or she moves through the buying process. For example, a prospective buyer who has just started to focus on a particular problem will likely welcome a white paper that explains the ramifications of the problem and the benefits of solving the problem. That buyer would not be as likely to welcome a product brochure at this stage of the buying process. So your marketing messages and materials must also speak to where your prospect is in the buying cycle.

The growing need to make marketing messages and materials relevant multiplies the amount of marketing content you need and, therefore, complicates the B2B marketing process. But relevance is absolutely essential to reach today's B2B buyers.