“Me-Centric” & Lack of Community Building
Have you noticed how much of B2B marketing can come off like “Me! Me! Me!”? Brian Hansford, Vice President of Growth at LiveRamp, notes: “We have all had one-sided conversations at parties with that one person that talks about themselves the entire night. It’s boring. Marketing that only talks about your company and product is a turnoff.”
Building your B2B marketing as a “me-centric” model is a recipe for disaster. Instead, you need to focus on your audience, their likes and wants, as well as their journey with you. John Oh, Managing Director and Head of Growth Advisory at 85 Advisors, recommends: “Get an understanding of the buying process from the customer’s point of view. In other words, fight the temptation to think you know what they buy, why they buy, and how they buy. This step is especially important for funnel and pipeline management. Many have called this part of the process “mapping the buyer’s journey.”
Another thing is personalization of content, which 86% of B2B global SaaS marketers agree is key to success, according to the research by Exclaimer. Their CMO Carol Howley advises building “bespoke interactions” that address the unique needs of your audience, instead of doing generalized marketing.
When sharing with us her insights regarding B2B marketing, Anya Policht, Content Marketing Manager at Pricemoov, echoed the issues of lack of personalization and attention to the customer:
“B2B marketing often falls short because it tends to ride the wave of trendy topics with superficial content for quick visibility, rather than establishing genuine connections. To truly resonate, marketers must embrace authenticity and personalization on two fronts: being more personal and getting more personal with their ICP. This means showcasing the company’s values, experiences, and learnings, including transparency about failures and improvements – emphasizing its evolution.
On the audience side, deeply understanding the Ideal Customer Profile (ICP) is crucial. Tailoring messages to address specific needs, pain points, and buyer behaviors ensures relevance and engagement. Good B2B marketing forges meaningful connections and delivers real value, setting the stage for lasting relationships and business success.”
Another aspect of the “me-centric” approach is the lack of community engagement. Ineffective B2B marketing is a situation when you are “drinking your own Kool-Aid” – meaning, posting content and doing promotional efforts just to showcase your product or service, without inspiring discussions or involving your community/industry in any other way.
And another thing is influencer marketing.
I recently had a chat with a marketing expert and Fractional CMO Neil Schaffer. He has been advocating for influencer marketing for years now and even has written a book on this subject. We both have agreed that though influencer marketing has been around for ages, many companies, especially B2B, still lag in adopting influencer marketing strategies. Too bad, as they miss out big time! Neal stresses that you don’t need exorbitant budgets or celebrity partnerships to start getting tangible benefits: “Influencer marketing doesn’t mean spending millions of dollars to hire someone like Charli D’amelio or Kim Kardashian. Brands should start by tapping into people that already have a brand affinity for their product and brand.”
Doing Things “Just Because” & Lack of Data-Driven Approach
Performing B2B marketing activities in an “auto-pilot” mode, without carefully considering goals and objectives, your audience and measuring concrete business outcomes – this is one of the causes for B2B marketing that “sucks”, i.e. misses its target completely.
Make sure your goals are crystal clear, and use data to measure your outcomes, to test what works and what doesn’t. Also, prioritize your marketing activities and mercilessly remove those that don’t bring any value. Franki Chamaki, Marketing VP & Co-Founder at Hivery, recommends using a famous 80/20 rule for the B2B marketing efforts:
“Applying the 80/20 rule to your B2B marketing efforts can substantially improve efficiency and results. If you had to focus on just three things, they would be:
- Segmentation: Identify your most profitable segments and tailor your product fit to their needs.
- Content: Create content that aligns with the pain points of your top 20% of clients.
- Experiment: Continuously test and refine your strategies to discover what works best and define your future playbooks.”
In the 2015 research from Content Marketing Institute, only 30% of B2B marketers said they felt effective. Have things changed much since then? I suppose they had, but we need to go on and improve B2B marketing even further – through our work and honest conversations about what works and what doesn’t.
A perfect quote and call to action to wrap up this post is by Michael Brenner, Founder of Marketing Insider Group:
“Let’s get real about B2B content marketing. Most of it sucks. It’s full of jargon, self-promotion, and fluff. It doesn’t add value to your audience and can seem completely irrelevant. The truth is, your content doesn’t have to be boring or stuffy. It needs to engage, inspire, and connect.”