The reality is you can’t be all things to all people. Pick a side, draw a line in the sand. Your company will be better for it.

Content marketing over the last few years has become the big buzz word and is often associated with social media. While it can be used to foster social media relationships, content marketing goes way beyond that. As a matter of a fact, it defines who you are and what you stand for.

Years ago you had limited ways to communicate your value proposition, not so today. Today specialists not generalists (no matter what field) are the preferred choice when folks are looking for something and they have a multitude of ways to get information about your company. And people like to be associated with leaders.

Let me ask you a question. If you think this assumption is correct, what do you or your company stand for? Have you chosen a niche? Are you considered the leading expert in it? If not, you’d better do it soon or you may not be around in 10 years. So how are you going to define and get the word out about your specialty? Content marketing.

By creating good content and sharing it, you can establish yourself as the thought leader in your niche. You can attract and retain customers by creating and curating valuable and compelling content on a consistent basis.

Ten years ago before anyone heard of social media, companies still stood for something. I believe you’ve heard of IBM or Apple? You knew one was known for main frames and the other for PCs. Today when you think of either brand, what do you think of…computers or other things? IBM may still make main frames, but they got their butt kicked in PCs and are known more now for their consulting services. Apple was defined by the PC, but not today. When you think of Apple, you think phone, tablet and soon TV.

The point is, both of these companies reinvented themselves and used content marketing to help spread the word in different ways. IBM took advantage of both traditional and social media methods to communicate their position. Apple, on the other hand, didn’t rely on social media directly, but worked the social media system by getting great content out to bloggers and others on the social network to create the buzz for them.

What are you doing to spread the word? Are you using content marketing?

I’d like to hear your thoughts.

Here’s a few other posts you might find interesting:

How Are You Managing Your Content Marketing?

Four B-to-B Marketing Efforts That Can Improve Your Results

Several years ago, marketing would generate leads for various sources and pass them onto sales for follow-up. Then one day someone from the C suite asked how much new business are we getting from our promotional efforts? Marketing said we developed X amount of leads and Sales would say they were all crap. Obviously the finger-pointing wasn’t going to solve the question of how much new business are we getting.

Thus started the process of lead management, qualification, nurturing and at some point turning it over to sales with a little more history behind the leads than there were several years ago. Russ Hill from Ultimate Leads calls it the “Transition Zone.” It is the place in time where marketing hands off the lead they so carefully nurtured to sales to close the loop. But in order to do it successfully, you must have a process  that everyone is in tune with, and sales needs to make sure to keep info on that lead current in your lead database so we know when a new customer has arrived, from where and what they bought.

A good follow-up marketing system should have three attributes:
1. It should be systematic.
2. It should generate consistent, predictable results.
3. It should require minimal physical interaction to make it run.

What are you doing to ensure you’re getting the most out of your leads?

If you like this post, you might want to read:

Where Are Your New Business Prospects in the Selling Cycle?

How Many Calls Does it Take to Make a Sale?

In theory, it’s a place where manufacturers and their distribution counterparts come together via a format of speed dating where the manufacturer requests meetings with distributors (both existing customers and potentials). Like anything else, there are no shows for appointments. The booth program is a two-day affair and while the traffic was light on the first day, it was almost non-existent the second day.

If I was a distributor and could talk to as many suppliers as I could in a period of a few days, I would think they would want to take advantage of it. The manufacturers, as in most associations, foot the bills. They have to bring in product, booths and their associated expenses. What’s most disturbing is that the ratio of manufacturers to distributors is probably 10 to 1.

I don’t have the answer and I’m not trying to pick on ISA. STAFDA, NAED, NAHAD and many more face the same dilemma. There’s got to be a better way in a shorter period of time to make the most out of these meetings. Back in the day, these meetings were a place to showcase new products and programs, but with internet and all the other tools we have, I would hope at least your current customers would know about anything new.

I do recall that the fall meetings in Chicago for a day and a half at the airport were both efficient and successful. I believe it was due in part because the distributors were in the booth and you did your speed dating, but only the roles were reversed. NAED does this at their regional meetings, and as far as I can tell, the manufacturers like the format.

Any suggestions on how we can get these distributor/supplier get togethers to be better for all parties involved?

We all are facing the challenges of doing more things with sometimes fewer resources, so it stands to reason that what we do, do we want it to give us the best results. Where are you getting your leads and how are you qualifying them? I recently read an article by Dave Thomas on B2B Online Marketing that talks about the results of a recent nationwide survey from BtoB Magazine and Bizo that highlights marketers biggest challenges in 2012.

Among them were:

• Paid search came in as the second-ranked tool for marketing, followed by display advertising (35 percent);
• 60% of marketers claim their biggest challenge this year will be generating additional leads;
• 63% of marketers state that their marketing mix either falls short of sales demand or they are not entirely sure their mix is working;
• 56% note brand promotion as a major area of focus.

What I thought interesting was that their biggest challenge was that leads were falling short of sales demands. I guess does that mean that companies are forecasting growth and in order to attain it, they need more leads?

I guess the question I’d like to ask is are you experiencing these kinds of challenges, and if so, will you  share with the rest of us?

I know the big focus and conversations over the last few years have been on social. Have you jumped in yet, and if so, what kind of results are you getting? What about traditional things like print ads in trade journals and direct mail? Is anyone gaining traction with these?

So to answer my own question, we’re finding in our self promotion that both traditional as well as social media are playing important roles in new business development

A few years ago, we added social media to our marketing mix with this blog. It’s been a major commitment by us to do 2-3 posts a week, but our strategy is paying off. We not only have clients following us, but also potentials who are looking at going after the professional tradesmen.

The blog increases our visibility and also visits to our website. We’ve had a run on inquiries over the last 6 months from folks who have been following us and like what we’re saying. From the market overviews to Podcasts with industry leaders, they have recognized that we specialize in a niche market they are trying to reach and have come to us for help. What’s nice about these new business opportunities is that we’re not competing for the business.

All of our new business isn’t coming from social. We’ve had a print campaign going for the last three years in the leading trade journals where we put a false cover on the copies that go to potential advertisers in those markets. This too has brought us several new business opportunities.

So what’s working for you?

This report re-emphasizes the fact that email marketing is not only alive, but is still an important part of the overall marketing programs of most companies.

Top 5 process priorities for B-to-B marketers include:

1. Growing and retaining subscribers – 64%
2. Delivering highly relevant content – 72%
3. Achieving or increasing ROI – 39%
4. Increasing email engagement metrics – 41%
5. Integrating email with other marketing tactics – 30%

It makes sense that to grow and retain subscribers, you need to deliver good and meaningful content. Another important consideration is list size isn’t as important as the quality of the list. You should be interested in building lists of followers who are active and want to share information.

B-to-B marketers usually have longer sales cycles, so it’s important to engage and take your prospect through the various stages of the buying process. This is reflected in 70% of B-to-B companies identifying this as an area for improvement.

The top 5 barriers facing B-to-B email marketers include:

1. Inadequate staffing – 53%
2. Lack of an effective email marketing strategy – 37%
3. Difficulty merging email lists with other systems – 36%
4. Unclear or constantly changing objectives – 31%
5. Inability to manufacture relevant content on a consistent basis – 31%

So tell me about your priorities and what your biggest challenges are with email marketing.

In the 25-plus years Russ has been in this business, he’s seen lots of changes in how leads are delivered and with social media, how they are created. This brings to light the need to develop a social media strategy to generate sales. It also requires CRM and lead management programs that ultimately enable companies to track sales results.

Listen to our conversation – click below.

It’s interesting that we all want to build relationships and engage our customers, but if you think about it, you’re doing it on your terms not necessarily on theirs.

Here’s what I’d suggest. Have your customer service department contact your customer base and ask them how they want to be contacted (most of this can be done on regular inbound calls), for example, regarding new products or new training that’s available. You may be surprised at their answers.

For new products, they may want a one-on-one with their salesman, and for training, they may want to be contacted by email. They should touch most of your customers in a normal period of a month or so, and for those that are reached from inbound calls, start an outbound campaign to those that haven’t purchased for some time. It will give your customer service people a reason to reach out, and who knows, they might even sell something!

I’m assuming you’re working with some sort of CRM system that can be updated, and when new things come up that need to be shared, you have a better chance of getting that message out if you deliver it the preferred way the customer wants.

Give it a try and let me know how it works for you.

Joe Pulizzi, founder of the Content Marketing Institute and known as the Godfather of Content Marketing, describes it “as a marketing technique of creating and distributing relevant and valuable content to attract, acquire and engage a clearly defined and understood target audience with the objective of driving profitable actions.” Does that sound like something we should be doing?

Roper Public Affairs says that 80% of business decision makers prefer to get company info in a series of articles vs. advertisements. 70% say content marketing makes them feel closer to the sponsoring company, while 60% say company content helps them make better product decisions.

So how do we manage this thing called content management? I found a good book by Robert Rose and Joe Pulizzi called Managing Content Marketing that might be a helpful tool for your marketing team to read. They outline and focus on 5 areas:

1. Understand YOU – What makes you different? You need to define this before writing content to support it.
2. Understand THEM – Who and where are the communities you’re serving?
3. What content can you provide to help build loyalty?
4. Subscribers need to be fed, nurtured and unsubscribed when it’s time.
5. Measure success.

Content marketing is a different way to get the same information in front of customers, and we all need help and tools to manage it better.

We did a webcast with Joe Pulizzi on content marketing that might be of interest to you. You can watch it here.