3 Ways to Make the Most of “The Year of Personalization in B2B Marketing”
The marketing gurus have spoken, and 2019 is deemed “the year of personalization.” Marketers are using new and different tactics, strategies and technologies to personalize the way they reach their prospects and communicate with customers.
Technology platforms are shifting their focus from mass email blasts to personalized communications that acknowledge the declared data given to a company by customers and leads as they shop and ask questions. Your relationship to customers relies on personalizing messages and communication, which can be achieved using conversational marketing, account-based marketing and optimizing your use of social channels.
In this post, we’re taking a deeper look at these three tactics, breaking down what they are and how to execute them, to help B2B marketers survive and thrive in the year ahead.
- Conversational marketing is the way forward in interacting with your customers and nurturing leads.
- Chatbots help you streamline lead generation and sales by asking the right questions at the right times.
- Account-based marketing makes customer interaction more personal by narrowing your focus and your goals.
- Social media is a great platform to showcase your brand personality and take the conversation with your audience further.
Conversational marketing is about continually interacting with your prospects and customers: as a company, you express how interested you are in doing business with a prospect and allow that prospect to do a good portion of the talking. In sales, success often comes from giving people the opportunity to disclose what they want and provide detail. Conversational marketing is a scalable way to open up your communication with them and make the conversation two-sided, dynamic and interactive—and chatbots and artificial intelligence (AI) are two key ways to accomplish this.
Using chatbots on your website allows your visitors to ask specific questions. Drift is a popular platform to use for conversational marketing, providing chatbots, called Driftbots. These Driftbots interact smoothly with prospects and customers while also gathering information about what these people are looking for that helps the company keep messaging fresh and personalized. They assess leads by asking qualifying questions, and can also set up sales appointments, all while storing the information they collect.
To address your website visitors with the right conversation prompt, you’ll want to create a conversational marketing strategy that maps out all possible routes a visitor can take on your website. It will also need to consider the FAQs someone may have once they’ve landed on a particular webpage. For example, if a website visitor is browsing your pricing page, you’ll want to signal your chatbot to prompt them with something like, “We see you’re interested in product pricing. Would you like to speak with a sales representative to get more accurate pricing about your needs?”
Conversely, if you were to prompt that same pricing page visitor with a generic prompt like, “How can I help you?” the conversation would be likely deemed irrelevant and unhelpful by the visitor, causing them to leave your site.
According to Forbes, AI will play a significant role in conversational marketing for its ability to capture and personalize user experiences based on declared data, or the data that a user willingly shared in conversation with a brand or through a form.
Account-based marketing (ABM) is one of the key approaches to making your marketing more personal. Essentially, ABM techniques cast a much smaller net by directly targeting key business stakeholders who influence purchasing decisions with the intent of securing select accounts. Rather than sending a mass email blast to a wide-range of prospects, you invest time, energy and marketing dollars into speaking directly to a company you wish to secure, or directly to the decision maker.
Any size company can take an accounts-based approach, as long as they are willing to take time to target specific accounts and use your tools, possibly including ABM software, to create personalized experiences for each. This guide outlines the procedure for effective ABM, including:
- Research your target audience and make a list of all prospective businesses that fit your ideal buyer profile, gathering contact information for key stakeholders
- Rank this list by account achievement priority, depending on your marketing and sales goals, and start by focusing your attention on the top 15-20% of the list
- Predict how your products and services fit into the unique challenges of each business stakeholder
- Plan on the tactics and channels that would best reach stakeholders at top priority businesses and decide who will execute tactics at each level of interaction
- Execute your ABM strategy by utilizing personnel from both your sales and marketing teams
- Evaluate all ABM efforts with clear KPIs and continually optimize by closing the loop on successful and unsuccessful tactics
ABM means you need to narrow your focus, not only in terms of accounts, but also in terms of goals. Making an initial sale, getting a customer to renew a subscription or priming a customer to provide a stellar recommendation can all be specific goals you have for a buying experience you are putting together. Differing goals mean that you need to create different paths to unique destinations at the end of the buyer’s journey you create.
Social Channel Optimization
The way someone receives a message or finds your content is just as important as the message itself. The tools you’re using for conversational marketing techniques should be collecting and saving declared data from prospects and customers. Email marketing may be efficient and cost-effective, but using a mix of social channels and messages is the best way to put that declared data to use.
Someone who has already begun their buyer’s journey with your company shouldn’t be getting an email geared towards a prospect that just learned of your company. A prospect who shared with a chatbot they’re looking for one specific product shouldn’t then receive a phone call from a sales rep about another.
It’s possible that the marketing software your company already uses has new features that lend themselves to your ABM approach. It’s also not difficult to find marketing software that facilitates a personalized methodology. When the information from your conversations with prospects and customers informs your CRM, your marketing team can make sure that the right customers are seeing the right communications.
With that in mind, interacting with users on social is a great way to show your brand’s personality. With humorous interactions between brands and social network users on Twitter going viral, it’s time to take a lesson from social-forward brands and publicly respond to your advocates, prospects and customers. Your company doesn’t have to take a silly or sarcastic approach to social media like some brands do. Rather, your company’s voice on social media should reflect your brand’s values and personality.
Brands have often found success in social channel optimization by following topics that relate to them. A brand can search through social media topics, find a conversation that’s already taking place and jump in. For example, if a company that uses services like yours posts about a new project, follow, like and post a relevant reply! At best a two-way interaction will occur (or, if we’re getting really excited, a conversion), and at least, brand awareness will take place.
The common, impersonal B2B marketing approach has become stale and ineffective. Until now, companies have relied on prospects to share contact information before a brand has ever interacted with them personally.
It doesn’t make sense to expect customers to act on their interest without us expressing our interest in having them as a customer first. So to do that, we express our interest by creating a buyer’s journey that welcomes, informs and interacts with them on a personal level. Chatbots, ABM tactics, and social optimization are all about having a personalized conversation. All you have to do to be part of a conversation is listen and respond accordingly — these are basic human principles and they’re taking over 2019.