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Helping
yourmarketlearncan
also
help
you
earnInsights
gained
after
surveying300executives
and
managers
in
themanufacturingecosysteminvolved
inmakingdecisionsonofferingswith
long
sales
cycles.INTRODUCTIONInabusinessenvironmentflooded
withinformation,contentthathelpscustomersandprospectslearnsomethingnewand
valuablecutsthroughthe
noise
and
improves
business
outcomes.This
is
the
finding
from
afirst-of-itskindreportconductedbybusiness-to-business(B2B)marketingfirmRHBlake.
Thestudymeasuredhowthoughtleadershipcontentcreated
bysellersofproductswithlongsalescycles(LSC)influencespurchasingbyexecutivesandmanagersinmanufacturingandprocessindustries.2Buyersspendmoretime
researchingindependentlyonlinethantheydomeeting
withpotential
suppliers,if
they
meet
at
all:33%of
buyerswantaseller-freemarketershave
lessinfluence.Marketers
of
long
sales
cycle(LSC)offerings
haveseveraldistinctchallenges,including:Ever-largerbuyingteams
struggle
to
align,
slowingsalescyclesandproducingmore“no
decisions.”The
average
B2B
buyingteam
today
has11members;3
researchersestimate
that
40-60%ofbuyingprojectsendinnodecision.4Greaterrisktothebusinessinmakingthe
wrong
decision.Offeringswithlongsalescyclestendtobehigh-investment,relatively
complex,
andhave
a
far-reachingimpactontheorganization.6Buyersaremoreskeptical
todayaboutmarketinginformation.Googlereportsahuge
rise
inthekeyword
“legit”in
thepast
five
years,meaning
buyersareincreasinglyverifyingpotentialsuppliers,productclaims,andcustomerreviews.2Harder
to
capture
marketattentionina
worldflooded
withinformation,
exacerbatedbyAI-generatedcontent.Buyershave
moreinformationthaneverbefore,makingthem
moreoverwhelmedthan
empowered.1buyingexperience.5
This
self-educationmeans3I
N
T
R
O
D
U
C
T
I
O
NThoughdaunting,thesechallengesalsopresentopportunitiestomarketers
of
LSC
offerings.Marketingprofessionalsmustimprovetheirabilitytoinfluencechangingbuyingbehaviors—and
better
support
theirsalespeople—byconvincingbuyers
of
thevalueof
theofferingswithhigh-
qualitythoughtleadershipcontent.4I
N
T
R
O
D
U
C
T
I
O
N>DEFINITIONS
&METHODOLOGYFor
this
report,
we
define
“thought
leadership”as
content
that
delivers
expertise,guidance,or
a
unique
perspective
on
a
professional
topicor
field(suchastechnology,businessprocesses,
industrytrends,etc.).Thiscontentmaybepresentedinmanyformats:articles,
blogs,podcasts,presentations,research
reports,
videos,webinars,
whitepapers.Itexcludesadvertisingorproductandpromotionalliterature.5Responses
from
and
the
United
States.Standard
analytic
research
data
quality
controls
were
applied.For
the
study,data
was
collected
by
a
leading
global
research
firm
via
asurveyofarandomsampleofB2Bexecutives,managersandotherdecision-makersfromvariousindustriesandcompanysizes.Participantswerescreenedtoisolateindividualswho:Areinvolved
withpurchasingproductsthathavesalescyclesofthree
months
or
more.The
salescyclewasdefinedasthetimefrom
thepointof
firstcontact
withapotentialcustomertowhenafinal
purchasedecisionismade.Work
for
a
company
that
sellsphysicalordigitalproducts—such
ascapitalequipment,softwareand/orservices--tomanufacturers
andprocessindustries.$The
survey
garnered
300
respondents
from
Canada,
Germany,
the
United
Kingdom
ContinentsD
E
F
I
N
IT
IO
NSA
N
DM
ET
HO
DO
LOGY3+forproductsorservicesin
theircompany.6ParticipateinpurchasedecisionsThe
margin
of
error
is+/-4.9%.3KEYFINDINGS7of
decision-makersindicate
that
they
are
more
likely
toconsider
buying
from
an
organization
thatproduces
thought
leadership
content.Fromthis,onecanconcludethatcompaniesnotproducingthoughtleadershiparerestrictingmarketplaceconsideration.1.
Thought
leadership
openseyes,doors
and
wallets.Eyes.8K
EYL
EA
R
N
I
NGSDoors.The
report
found
that
of
decision-makers
said
they
would
bemore
receptive
to
sales
outreach
from
an
organization
that
producesthoughtleadershipcontent.Wenotedearlierthatmanybuyersprefernottomeetwithsalespeopleonsite.Goodthoughtleadershiphelpsmitigatethistrendandopensdoorsforsalespeople.Top-lineopportunitiesarethusimprovedwiththoughtleadership.9K
EYL
EA
R
N
I
NGSWallets.Goodthoughtleadershipcanevenimprovebottomlines.This
is
basedon
the
report’s
finding
that
76%ofdecision-makers
say
they
are
morelikely
to
pay
a
premium
to
workwithanorganizationthatproducesthoughtleadershipcontent.Thismeansmarketerscandomorethanjustbuildawarenessandpreference;
theireffortscanimproveprofitability.10K
EYL
EA
R
N
I
NGS2.Buyersgivethoughtleadershiptheir
most
precious
gift:time.The
study
showed
that39%of
decision-makersspendmorethan6hoursaweekreviewingthoughtleadershipcontent.Sixhoursisasizableamountof
timeinabusy
workweek,evenawholedayof
work
bysomestandards.8
Ifcustomersandprospectsare
investingadayaweekreviewingthoughtleadership,successfulmarketersshouldhavehigh-qualitythoughtleadership,as
well
asgoodmethodstogetsuchcontentinfrontofcustomersandprospects.spend
more
than6hoursa
weekreviewingthought
leadershipcontent11K
EYL
EA
R
N
I
NGSTimespentstudyingthoughtleadershipcontentimproves
a
reader’s
knowledge,andevenchangestheirminds.This
is
based
on
the
study’sfinding
that87%of
decision-
makerssaidthatthoughtleadershipcontentledthemtoresearchaproduct,service,
orsolutionthey
werenotpreviouslyconsidering.content
led
them
to
researchaproductsaid
that
thought
leadership12K
EYL
EA
R
N
I
NGSUse
of
thought
leadership
during
the
buying
journey.Thestudyrevealedthatdecision-makersrelyonthoughtleadershipthroughout
the
buying
journey,with72%indicating
that
they
engage
withthoughtleadershipcontentduringthedecision-makingstage.Thisfindingshowsthatthoughtleadershipcontentisbeingincludedin
internal
justificationstoeducateotherstakeholders.High%of
decisionmakersrelyonthought
leadership
acrossthebuying
journey75%68%AWARENESS
DECISION>K
E
Y
L
EA
R
N
RNNI
G
S1372%CONSIDERATION3.
Thoughtleadershipburnishesreputations,
boostsmarketshareandbuoysbuying.Marketers’
jobdescriptionsoftensay,“buildthebrand”and“increaseawarenessandpreference.”
Thoughtleadershipcontenthelpsmeetthese
objectives.The
study
showed
that
92%of
decision
makersthinkmorepositivelyof
organizationsthatconsistentlyproducethoughtleadershipcontent.Preference
is
hard
to
earn,and
often
is
a
result
of
a
buyer’s
previousexperiencewithasupplier.If
theexperiencewasgood,buyersarelikelytobuyfromthesupplieragain.Goodthoughtleadershipincreases
the
chances
of
repeat
orders,and
also
increases
thechances
of
first-time
orders,as
90%of
decision-makers
saythat
thought
leadership
increases
trust
in
existingor
potential
suppliers.14K
EYL
EA
R
N
I
NGSofC-level
said
that
they
purchased
orstarted
working
with
an
organization
thatproduces
thought
leadership
contentThought
leadership
helps
here
too:83%ofdecision-makerssaidthatthoughtleadershipcontenthelpedthemrealizethatthereareothersupplierswhoare
smarter,moreinformed,andmorevisionarythantheircurrentsupplier.Thoughtleadershiphelps
winattention,butdoesithelpwintheorder?The
answer
appears
to
be
yes,as84%of
C-leveldecision-makerssaidthattheypurchasedorstarted
workingwithanorganizationthatproduces
thoughtleadershipcontent.Marketers
need
to
grow
market
share,
whichrequires
winningcustomersfromcompetitors.15K
EYL
EA
R
N
I
NGS4.Good
thought
leadershipshowsactualgoodthinkingbased
on
real
experiences.Somemarketersdisguisepromotionalmaterialasthoughtleadership,hopingtopresentitas
valuable
industry
insight.This
doesn’t
work.B2Bdecision-makershavehighstandardsfor
thought
leadership.
They
look
for
contentbasedonresearchthatisrelevanttobusiness
needsandcommunicatedfromaprofessional
andunbiasedperspective.C-suiteexpectations
areevenhigheracrossallcharacteristics.Basedonreal-worldexperiences,casestudies
andexamplesReferencesstrongresearchdataInnovativethinkingthatchallengesconventionalwisdom,offering
visionaryordisruptiveideas.AddressesrelevantindustrychallengesCommunicatedbyrecognizedindustryexpert(s)CommunicatedinanunbiasedfashionOriginal:offering
uniqueperspectivesorinsights
notwidelyaddressedelsewhere.Communicatedwithadecisiveviewpoint93%
96%98%90%88%98%86%90%92%80%100%What
is
good
thought
leadership?(%decision-makers
rate
as
importantor
veryimportant)16K
EYL
EA
R
N
I
NGS.
C-Suite●
Total89%84%94%92%87%92%81%Thebestexamplesof
thoughtleadershipincludesuccessfulimplementationsthatshowanovelbusinessapproach(leadingthoughts),alongwithbenefitsthataccruedtotheof
decision-makers
said
that
the
best
thought
leadership
is
basedon
real-world
experiences,case
studies
and
examples.customerasaresultof
deployingtheoffering.Enterprisingsalespeoplesellsuccessfully
withthistypeof
content.17K
EYL
EA
R
N
I
NGS5.
The
multiplier
effect.Quality
thoughtleadershipalsosignificantlyincreasesthechancesof
contentbeing
shared,especially
among
influential
audiences.Based
on
thousands
ofVoice
of
the
Customer
interviews
we
have
conducted
with
B2B
manufacturingdecision-makers,
word
of
mouth
is
a
critical
factor
in
shaping
decisions.By
creatinghigh-quality
thoughtleadership,
youcanbetterposition
yourself
attheheartof
theseimportantdiscussions,allowing
yourbrandtoexpanditsreachinacost-effective
way.Furthermore,since
the
content
is
shared
by
a
trusted
source,
it
carries
greater
credibilityandcansignificantlyimpacttheperceptionof
yourexpertise,ultimatelydrivingtrust
in
your
brand.Indicate
they
often
or
always
share
thought
leadershipcontent
with
their
colleagues
or
network.of
decision-makers
ofC-Suites18K
EYL
EA
R
N
I
NGS&FINDINGSYOU
CAN
MAKEIf
thoughtleadership
is
notalreadypartof
yourmarketinginvestment,wehopethisthoughtleadership
hasgivenyougoodreasontoconsiderincludingit.19Toaccompanythereport’sfindings,wechallengeyoutofindthefollowing5things:1.Findtherightcontent.If
yourcompanymarketsLSCofferings,yourofferingshaveadegreeof
complexitythatcamefromexcellentengineering,extensiveexperienceor
innovative
ideas.Your
offerings
have
uniqueselling
propositions,or“plus1s;”
competitiveelementsthatappearin
yourcolumnduringabuyer’s
evaluation.So,you
have:differentiatedtechnologiesorapplications;proprietarybusinessmodelsorprovenprocesses,oradvancedR&D
or
engineering
from
which
to
find
thoughtleadership.Explore
your“plus1s”and
find
areas
thatmakebusinesssensetopromotewiththoughtleadership.Sincemuchof
thevalueofyour
company
resides
in“plus1s,”highlightingtheminpublicthoughtleadershipmaytakesomemanagementconvincing.Butbusiness
isabalance
of
risk
and
reward.FI
N
D
I
NGSYOUCANMA
K
E20If
you
can’t
find
a
person
willing
to
shareknowledgeeasily,youmustmakeanextraeffort.
Most
SMEs
are
aware
of
theircontributiontocompanysuccess.Expresstothemthatexternalthoughtleadershipdeveloped
withtheirknowledge
willallowthem
to
make
an
even
bigger
contribution,andenhancetheircareer.SometimesSMEs
will
statethat
they
don’t
have
the
time.In
our
experience,with
careful
planning,
you
can
respect
their
timeandstillget
what
youneed.2.Find
the
right
voice.If
youarefortunate,youwillfindaSubjectMatterExpert(SME)in
your
company
who
is
a
master
oftheircraftandreceivescareersatisfactionfrom
sharingknowledge.Suchapersonmayalready
havegoodcontenttoworkwith,suchasapaper
presentedataconference,orinternaltrainingcontentthatcanbere-purposed.FI
N
D
I
NGSYOUCANMA
K
E21>Anexperiencedwriterwho
isfamiliarwithyourindustryandwithyourtype
of
offeringis
a
good
place
to
start.
As
stated
earlier,thoughtleadershipcontentcanbepresentedin
many
formats,so
you
may
need
a
content
developmentteam.If
you’refortunate,thevoice
youfound
willhave
writtenorpreparedsomethingthatcanbethebasisforthought
leadership.
Ifso,goodmarketingcontentdeveloper(s)should
work
with
the
SME
tocastthetechnology,processorsubjectin
themost
accurate
and
appropriatelight.If
youdonothaveareadybasisfordevelopingexternalcontent,youmayneedtofindamoreseasonedcontentdeveloper
whoisfamiliarenough
withtheindustry
youserve,theproductsyouprovide,thevaluesavailabletoyourcustomersfromyourofferingsandwithbusinessin
general.Such
a
content
developer
can
askthe
right
questions
to
draw
out
the
best
ways
tocreatecompellingc
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