IDC predicts that by 2020, 1 in 5 marketers will abandon the traditional funnel for a buyer-centric approach. The funnel belongs to the 20th century. Back then, buyers were ignorant about their choices and sellers knew little about the needs and preferences of their prospective customers. Now, leading companies are …
Read More »The Marketing Personalized Lead and the Sales Buyer’s Journey
All B2B marketers know what an MQL is, but what’s an MPL? It’s the Marketing Personalized Lead and it reflects the needs of the individual sales resource to whom the lead will be distributed. This requires marketing to apply the same science to understanding the needs of the sales channel …
Read More »Audience Marketing: Death to the Product “Selfie”
Companies may not intend to be narcissistic. But they unintentionally produce a lot of “product selfies.” Marketers start out right. They consider customer needs when answering the question, “Why buy my product?” Then customer focus stops there. Most companies give only superficial attention to the context in which their audience …
Read More »The 4 big reasons you need an ABM strategy right now
There are four significant trends making account-based marketing (ABM) a major focus for B2B marketers: Rising customer expectations are the most disruptive trend in business today. Customers no longer make categorical distinctions between their personal and professional brand relationships. They expect all companies to provide highly valuable personalized experiences all …
Read More »Social Buying: The Importance of Trusted Networks during the B2B Purchase Process
Everyone’s hot to leverage social selling and social marketing. But what about the other side of the equation? Do B2B buyers use social media for purchasing support? An IDC study says yes! And contrary to common assumptions, it’s the senior executives who are most enthusiastic.The most senior buyers are the …
Read More »Are Ad Agencies Keeping Pace with Marketing’s Massive Digital Uptake? (Hint: Maybe Not)
Today, marketing’s equivalent to the Brady Bunch’s “Marcia, Marcia, Marcia!” just might be “Digital, Digital, Digital!” This is with good reason. Since 2009, digital marketing spend within large B2B tech companies has grown, and is growing, at an enormous rate. As you might have seen, IDC expects the entire tech …
Read More »Why Business Executives are the New IT Buying Center
Several times a week the IDC CMO Advisory Service gets inquiries from tech company clients about how to shift their company mindset to a new and different buyer. IDC’s IT Buyer Experience Study shows that business buyers have 53% of buying influence in the earliest part of buyer’s journey and …
Read More »Measuring Sales and Marketing based on Customer Outcomes
Have you ever used Uber X, the freelance taxi service? Half the cost of a cab and twice the level of service. The cars are immaculate. The drivers are almost overwhelmingly nice. They care deeply about your experience. Not because they want a tip. They want your 5-star feedback. That’s …
Read More »The one framework your CMO must share with your CIO
So many marketing solutions are available that it is very difficult for marketers, chief digital officers, and CIOs to have a holistic view of what they have, what they need and why. IDC has recently created a tool to help – The 2014 Strategic Framework for Marketing Technology. This tool …
Read More »Top 3 customer experience challenges for marketers
Customer experience management is fundamentally about providing a seamless and consistent flow as prospects move through different phases of development and points of contact with a supplier. Delivering on this presumes a level of connectedness that many marketing organizations struggle to achieve. The reason for the struggle is that there …
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