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Helpingyourmarketlearn
canalsohelpyouearn
Insightsgainedaftersurveying
300executivesandmanagersinthemanufacturingecosysteminvolvedinmakingdecisionsonofferings
withlongsalescycles.
INTRODUCTION
Inabusinessenvironmentfloodedwithinformation,contentthathelps
customersandprospectslearnsomethingnewandvaluablecutsthroughthenoiseandimprovesbusinessoutcomes.Thisisthefindingfroma
first-of-itskindreportconductedbybusiness-to-business(B2B)marketingfirmRHBlake.Thestudymeasuredhowthoughtleadershipcontentcreatedbysellersofproductswithlongsalescycles(LSC)influences
purchasingbyexecutivesandmanagersinmanufacturing
andprocessindustries.
2
Marketersoflongsalescycle(LSC)offeringshaveseveraldistinctchallenges,including:
Buyersaremoreskepticaltodayaboutmarketing
information.Google
Greaterrisktothe
businessinmakingthewrongdecision.
Offeringswithlong
salescyclestendtobe
high-investment,
relativelycomplex,andhaveafar-
reachingimpacton
theorganization.6
Ever-largerbuying
teamsstruggletoalign,slowingsalescycles
andproducingmore“nodecisions.”
TheaverageB2Bbuyingteamtodayhas11
members;3researchers
estimatethat40-60%ofbuyingprojectsendinnodecision.4
Hardertocapturemarketattentioninaworld
floodedwithinformation,exacerbatedby
AI-generated
content.Buyershavemoreinformationthan
everbefore,makingthemmoreoverwhelmedthanempowered.1
Buyersspendmore
timeresearching
independentlyonline
thantheydomeetingwithpotentialsuppliers,
iftheymeetatall:
33%ofbuyers
wantaseller-free
buyingexperience.5Thisself-educationmeans
reportsahugeriseinthekeyword“legit”inthepastfiveyears,meaningbuyersareincreasingly
verifyingpotential
suppliers,productclaims,
andcustomerreviews.2
marketershavelessinfluence.
3
INTRODUCTION
>
behaviors—andbettersupporttheirsalespeople—byconvincingbuyersofthevalueoftheofferingswithhigh-qualitythoughtleadershipcontent.
Thoughdaunting,thesechallengesalsopresentopportunitiesto
INTRODUCTION
marketersofLSCofferings.Marketingprofessionalsmustimprovetheir
4
abilitytoinfluencechangingbuying
DEFINITIONS&METHODOLOGY
Forthisreport,wedefine“thoughtleadership”ascontentthatdeliversexpertise,guidance,
orauniqueperspectiveonaprofessionaltopicorfield(suchastechnology,businessprocesses,industrytrends,etc.).Thiscontentmaybe
presentedinmanyformats:articles,blogs,
podcasts,presentations,researchreports,videos,webinars,whitepapers.Itexcludesadvertising
orproductandpromotionalliterature.
5
DEFINITIONSANDMETHODOLOGY
Forthestudy,datawascollectedbyaleadingglobalresearchfirmviaasurveyofarandomsampleofB2Bexecutives,managersandother
decision-makersfromvariousindustriesandcompanysizes.Participantswerescreenedtoisolateindividualswho:
Participateinpurchasedecisions
Workforacompanythatsells
forproductsorservicesintheircompany.
3+
3
physicalordigitalproducts—suchascapitalequipment,software
$
and/orservices--tomanufacturersandprocessindustries.
Areinvolvedwithpurchasing
productsthathavesalescyclesofthreemonthsormore.Thesales
cyclewasdefinedasthetimefromthepointoffirstcontactwitha
Responsesfrom
potentialcustomertowhenafinalpurchasedecisionismade.
Thesurveygarnered300respondentsfromCanada,Germany,theUnitedKingdomContinents
andtheUnitedStates.Standardanalyticresearchdataqualitycontrolswereapplied.
Themarginoferroris+/-4.9%.
6
KEY
FINDINGS
7
1.Thoughtleadershipopens
eyes,doorsandwallets.
Eyes.
ofdecision-makers
KEYLEARNINGS
indicatethattheyaremorelikelytoconsiderbuyingfromanorganizationthat
producesthoughtleadershipcontent.Fromthis,onecanconcludethatcompaniesnot
producingthoughtleadershiparerestrictingmarketplaceconsideration.
8
Doors.
Thereportfoundthatofdecision-makerssaidtheywouldbe
morereceptivetosalesoutreachfromanorganizationthatproduces
thoughtleadershipcontent.Wenotedearlierthatmanybuyersprefernot
tomeetwithsalespeopleonsite.Goodthoughtleadershiphelpsmitigatethistrendandopensdoorsforsalespeople.Top-lineopportunitiesarethus
improvedwiththoughtleadership.
9
KEYLEARNINGS
Wallets.
Goodthoughtleadershipcanevenimprovebottomlines.Thisisbasedonthereport’sfindingthat76%of
decision-makerssaytheyaremorelikelytopayapremiumtowork
KEYLEARNINGS
withanorganizationthatproducesthoughtleadershipcontent.This
meansmarketerscandomorethanjustbuildawarenessandpreference;theireffortscanimproveprofitability.
10
2.Buyersgivethoughtleadershiptheirmostpreciousgift:time.
Thestudyshowedthat39%ofdecision-makers
spendmorethan6hoursaweekreviewingthoughtleadershipcontent.Sixhoursisasizableamountoftimeinabusyworkweek,evenawholedayofworkbysomestandards.
8
Ifcustomersandprospectsareinvestingadayaweekreviewingthoughtleadership,
successfulmarketersshouldhavehigh-quality
thoughtleadership,aswellasgoodmethodstoget
11
suchcontentinfrontofcustomersandprospects.
spendmorethan
6hours
aweekreviewingthoughtleadershipcontent
KEYLEARNINGS
Timespentstudyingthoughtleadershipcontentimprovesareader’sknowledge,
saidthatthoughtleadership
andevenchangestheirminds.Thisisbasedonthestudy’sfindingthat87%ofdecision-makerssaidthatthought
KEYLEARNINGS
contentledthemtoresearchaproduct
leadershipcontentledthemtoresearchaproduct,service,orsolutiontheywerenot
previouslyconsidering.
12
Useofthoughtleadershipduringthebuyingjourney.
Thestudyrevealedthatdecision-makersrelyonthoughtleadership
throughoutthebuyingjourney,with72%indicatingthattheyengagewith
thoughtleadershipcontentduringthedecision-makingstage.Thisfindingshowsthatthoughtleadershipcontentisbeingincludedininternaljustificationsto
educateotherstakeholders.
KEYLEARNRNNIGS
AWARENESSDECISION
CONSIDERATION
>
High%ofdecisionmakersrelyonthoughtleadershipacross
75%
thebuyingjourney
72%
68%
13
3.Thoughtleadershipburnishesreputations,boostsmarketshareandbuoysbuying.
Marketers’jobdescriptionsoftensay,“buildthebrand”and“increaseawarenessandpreference.”Thoughtleadershipcontenthelpsmeettheseobjectives.Thestudyshowedthat92%ofdecisionmakers
thinkmorepositivelyoforganizationsthatconsistentlyproducethoughtleadershipcontent.
KEYLEARNINGS
Preferenceishardtoearn,andoftenisaresultofabuyer’sprevious
experiencewithasupplier.Iftheexperiencewasgood,buyers
arelikelytobuyfromthesupplieragain.Goodthoughtleadershipincreasesthechancesofrepeatorders,andalsoincreasesthe
chancesoffirst-timeorders,as90%ofdecision-makerssaythatthoughtleadershipincreasestrustinexisting
orpotentialsuppliers.
14
Marketersneedtogrowmarketshare,which
requireswinningcustomersfromcompetitors.
Thoughtleadershiphelpsheretoo:83%ofdecision-makerssaidthatthought
leadershipcontenthelpedthemrealizethatthereareothersupplierswhoaresmarter,moreinformed,andmore
visionarythantheircurrentsupplier.
Thoughtleadershiphelpswin
attention,butdoesithelpwintheorder?Theanswerappearstobeyes,as84%
ofC-leveldecision-makerssaidthat
theypurchasedorstartedworkingwithanorganizationthatproducesthoughtleadershipcontent.
KEYLEARNINGS
ofC-levelsaidthattheypurchasedor
startedworkingwithanorganizationthatproducesthoughtleadershipcontent
15
4.Goodthoughtleadershipshowsactualgoodthinkingbasedonrealexperiences.
Somemarketersdisguisepromotionalmaterialasthoughtleadership,hopingtopresentitasvaluableindustryinsight.Thisdoesn’twork.
B2Bdecision-makershavehighstandards
16
forthoughtleadership.Theylookforcontentbasedonresearchthatisrelevanttobusinessneedsandcommunicatedfromaprofessionalandunbiasedperspective.C-suiteexpectationsareevenhigheracrossallcharacteristics.
Whatisgoodthoughtleadership?
(%decision-makersrateasimportantorveryimportant)
Basedonreal-world
experiences,casestudiesandexamples
Referencesstrongresearchdata
Innovativethinkingthat
challengesconventionalwisdom,offeringvisionaryordisruptiveideas.
Addressesrelevantindustrychallenges
Communicatedbyrecognizedindustryexpert(s)
Communicatedin
anunbiasedfashion
Original:offeringuniqueperspectivesorinsightsnotwidelyaddressed
elsewhere.
Communicatedwithadecisiveviewpoint
92%
89%
94%
87%
86%
84%
92%
93%96%
98%
90%
88%
98%
92%
90%
81%
80%100%
●Total
.C-Suite
KEYLEARNINGS
ofdecision-makerssaidthatthebestthoughtleadershipisbasedonreal-worldexperiences,casestudiesandexamples.
Thebestexamplesofthoughtleadershipincludesuccessfulimplementationsthatshowanovelbusinessapproach(leadingthoughts),alongwithbenefitsthataccruedtothe
customerasaresultofdeployingtheoffering.Enterprisingsalespeoplesellsuccessfullywiththistypeofcontent.
KEYLEARNINGS
17
5.Themultipliereffect.
Qualitythoughtleadershipalsosignificantlyincreasesthechancesofcontentbeingshared,especiallyamonginfluentialaudiences.Basedonthousandsof
VoiceoftheCustomerinterviewswehaveconductedwithB2Bmanufacturing
decision-makers,wordofmouthisacriticalfactorinshapingdecisions.Bycreating
high-qualitythoughtleadership,youcanbetterpositionyourselfattheheartofthese
importantdiscussions,allowingyourbrandtoexpanditsreachinacost-effectiveway.
Furthermore,sincethecontentissharedbyatrustedsource,itcarriesgreatercredibility
KEYLEARNINGS
andcansignificantlyimpacttheperceptionofyourexpertise,ultimatelydrivingtrustinyourbrand.
&
ofdecision-makersofC-Suites
Indicatetheyoftenoralwayssharethoughtleadership
contentwiththeircolleaguesornetwork.
18
FINDINGSYOUCANMAKE
Ifthoughtleadershipisnot
alreadypartofyourmarketinginvestment,wehopethis
thoughtleadershiphas
givenyougoodreasontoconsiderincludingit.
19
Toaccompanythereport’sfindings,wechallengeyoutofindthe
following5things:
1.Findtherightcontent.
IfyourcompanymarketsLSCofferings,your
offeringshaveadegreeofcomplexitythatcamefromexcellentengineering,extensiveexperienceorinnovativeideas.Yourofferingshaveunique
sellingpropositions,or“plus1s;”competitive
elementsthatappearinyourcolumnduringa
buyer’sevaluation.So,youhave:differentiated
20
technologiesorapplications;proprietarybusinessmodelsorprovenprocesses,oradvanced
FINDINGSYOUCANMAKE
R&Dorengineeringfromwhichtofindthoughtleadership.Exploreyour“plus1s”andfindareasthatmakebusinesssensetopromotewith
thoughtleadership.Sincemuchofthevalueofyourcompanyresidesin“plus1s,”highlighting
theminpublicthoughtleadershipmaytake
somemanagementconvincing.Butbusinessisabalanceofriskandreward.
2.Findtherightvoice.
Ifyouarefortunate,youwillfindaSubjectMatterExpert(SME)inyourcompanywhoisamasteroftheircraftandreceivescareersatisfactionfromsharingknowledge.Suchapersonmayalreadyhavegoodcontenttoworkwith,suchasapaperpresentedataconference,orinternaltraining
contentthatcanbere-purposed.
Ifyoucan’tfindapersonwillingtoshare
knowledgeeasily,youmustmakeanextra
FINDINGSYOUCANMAKE
effort.MostSMEsareawareoftheir
contributiontocompanysuccess.Express
tothemthatexternalthoughtleadership
developedwiththeirknowledgewillallow
>
themtomakeanevenbiggercontribution,andenhancetheircareer.SometimesSMEswillstatethattheydon’thavethetime.Inourexperience,withcarefulplanning,youcanrespecttheirtimeandstillgetwhatyouneed.
21
3.Findtheright
contentdeveloper(s).
Anexperiencedwriterwhoisfamiliarwithyourindustryandwithyourtypeofofferingisagoodplacetostart.Asstatedearlier,
thoughtleadershipcontentcanbepresentedinmanyformats,soyoumayneedacontentdevelopmentteam.Ifyou’refortunate,the
22
voiceyoufoundwillhavewrittenorpreparedsomethingthatcanbethebasisforthoughtleadership.Ifso,goodmarketingcontentdeveloper(s)shouldworkwiththeSMEtocastthetechnology,processorsubjectinthemostaccurateandappropriatelight.
Ifyoudonothaveareadybasisfordeveloping
externalcontent,youmayneedtofindamore
seasonedcontentdeveloperwhoisfamiliar
enoughwiththeindustryyouserve,theproductsyouprovide,thevaluesavailabletoyour
customersfromyourofferingsandwithbusinessingeneral.Suchacontentdevelopercanask
therightquestionstodrawoutth
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