Tag: Challenger Sale

You Need to Blow Up Your Approach to B2B Marketing

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Brent Adamson has a bone to pick with marketers: the way many of them define their industry is miles off the mark. In fact, Brent may want to abandon the term ‘marketing’ altogether, because too often the notion of separate marketing and sales departments breeds a lack of coordination. If your marketing and sales teams are not in perfect lockstep, you can count on your business suffering. If you disagree, maybe he can sway you in part 2 of his interview.

In today’s conclusion to the interview, Brent and Drew get at to the heart of how a marketing team needs to operate to be successful, and it involves a lot more than handing leads off to sales like a relay-race baton. Brent will talk the listener through seven tools that can help make speed up the process of connecting a customer with a product. Then, Drew and Brent talk through the buyer enablement journey, and why breaking down walls between sales and marketing will enable the teams make it as easy as possible for the customer to buy. In the end, that’s goal number one.

This episode is chock full of wisdom to help you shed some outdated notions of marketing and sales, click here to listen!

What You’ll Learn

Marketing and sales collaboration is the wave of the future – here’s why

Brent wants every marketer to understand that the role of every B2B business is to make buying easier for the customer. This is achieved through a high level of marketing and sales collaboration. Gone are the days where marketers can simply hand off a prospect to the sales department and hope for the best. If a company knits together the two departments, they will have a competitive advantage over every other business in the industry.

Where do buyers look for information validation?

During the purchase journey, a buyer is always seeking for validation on the information they receive. After speaking with a sales representative, there are 3 main places where they will look for validation:

  1. The company’s website
  2. SEO organic searches
  3. A third-party analyst/thought leader

That’s why it’s so important for companies to be unified in the way they deliver information and lay out why their solution is the best available. If a buyer receives mixed information, they’re less like to choose your solution.

The 7 main tools that enhance buyer enablement

A B2B company with linked marketing and sales departments can work together to create tools that help a customer make easier buying decisions. There are 7 main categories of tools that can be explored.

  1. Calculators
  2. Simulators
  3. Recommenders
  4. Benchmarks
  5. Connectors
  6. Advisors
  7. Diagnostics

These tools ultimately allow the customer to choose the best solution to their problem. Brent explains that there is a “huge commercial benefit” to providing tools that make a customer’s life easier, and companies can see increased loyalty from customers after they use these tools.

Timeline

  • [1:40] Marketing has a new role – make it easier for the customer to buy
  • [4:24] Buyer enablement takes the form of these 7 tools
  • [10:14] You can’t fit these ideas into legacy structures for companies and brands
  • [14:20] This is the #1 place customers look for information validation
  • [23:34] Why you should be excited about the upcoming Gartner conference

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Resources & People Mentioned

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Putting the B2B Buyer First and Understanding Their Purchase Journey, Part 1

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A customer’s purchase journey is never an easy process to document and collect data on. Thankfully, Brent Adamson is interviewed on this episode of Renegade Thinkers Unite. As Principal Executive Advisor at Gartner (formerly CEB), Brent works to help B2B companies explain to customers why their solution is the best available.

Throughout part 1 of this conversation, Brent and Drew discuss why putting the customer first should be at the heart of any B2B organization. They also explain the 6 non-linear steps in any purchase journey, and Brent shares his #1 tip for any B2B supplier.

Click here to learn what you need to know about B2B marketing.

What You’ll Learn

Putting the buyer first is the #1 step to create a better purchase journey

B2B companies should be focusing on understanding how buying happens. Learning how your ideal customer views the buying process will give you direction when bridging the gap between marketing and sales departments. Brent explains that unfortunately, few brands in the B2B space are doing this well. To learn how to put the buyer first and reorganize your brand’s purchase journey model, be sure to listen.

The 6 main steps in any B2B purchase journey – they’re not linear!

Contrary to what many professionals believe, a purchase journey within B2B industries isn’t linear. And closing a deal isn’t about progression, it’s about completion. Brent outlines the 6 main steps that must be completed before any buying decision is made.

  1. Problem identification
  2. Solution exploration
  3. Requirements building
  4. Supplier selection
  5. Consensus creation (always happening)
  6. Validation of information (always happening)

These steps are far from being linear, especially when multiple decision-makers are involved. Of all the B2B buyers surveyed by Brent and his team at Gartner, 90% reported having to revisit one of the top 4 steps multiple times throughout their purchase journey.

Marketers should be doing THIS, before anything else, to help buyers choose their solution

Given these 6 steps, what is the ideal job of a B2B marketer? Brent believes it’s simple: marketers need to make buying easier. The first step in doing so is ensuring that problem-solving information is available through multiple channels. The answers given to a buyer over the phone from a sales rep should be consistent with information available online and via social media.

Actively solving a customer’s problems, before they even recognize a problem, is the key to making B2B buying easier. By understanding a buyer’s problems, offering them the best solution, and supporting them through their purchase journey, you’re well on your way to closing more deals in your industry.

Timeline

  • [0:30] Brent’s Renegade Rapid Fire segment, and his unique definition of marketing
  • [7:30] The importance of putting the customer first
  • [12:11] Brent explains the traditional customer purchase journey model
  • [17:42] The 6 main steps to a buying process – they’re NOT linear
  • [25:40] B2B buying is incredibly complex, and it’s through a multi-channel approach
  • [33:27] Here are your need-to-know takeaways from part 1 of this conversation with Brent

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Resources & People Mentioned

Connect with Drew