In the face of rapidly increasing amounts of unstructured data, industry is investing heavily to turn machines into services and connect them to analytics engines that will extract an extraordinary amount of value and unleash a productivity revolution for both businesses and consumers.
In the health care, transportation and energy sectors alone, the combination of machine diagnostics software and analytics will eliminate as much as $150 billion in waste.
In his session at the 12th Internation...| By Ardath Albee | Article Rating: |
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| May 30, 2010 02:06 PM EDT | Reads: |
1,765 |
When B2B marketers first embraced email marketing, the idea was to populate a database and continuously send one-size-fits-all messages to supposed prospects. The idea being that by keeping these folks exposed to your company's name and logo, you'd stay "top of mind." That process is now referred to as "spray and pray" marketing. In a longer-term, B2B complex sales process, just knowing your company's name or recognizing your logo is not enough.
The one-size-fits-all email blast is a tactic, not a strategic marketing process. And, a lousy tactic at that when relevance and value are the admission fee for catching and keeping prospect attention.
Consider this from a personal perspective for a moment. You're aware of a lot of brands. Many of them probably send you stuff. How many of them do you pay attention to? When it comes time to buy a product, how do you decide which one?
Awareness doesn't require action.
I'm aware of Anheuser Busch. I love their Clydesdale ads. But I don't drink beer. I'm also aware of many other beers. If I had to pick one, it would probably boil down to a "close my eyes and point" exercise because I have no expertise in selecting beer. Or, I'd ask a friend I know who loves beer.
Moving back to the B2B side, consider selecting an email service provider (ESP). There are lots of options. In fact, there are so many options people don't know where to start. That's because they have limited expertise in selecting an ESP.
So let's say that one buyer has been receiving emails from two vendors. Vendor A sends offers of special deals and incentives. They rave about how well their customers are doing by using their superior system.
Vendor B consistently sends educational content that helps the buyer learn about best practices for increasing the effectiveness of email campaigns. They share stories about their customers' ingenuity in deploying email campaigns that produce results, despite the down economy.
When it comes time for the buyer to select a new ESP, the buyer goes online to look at both options. Hey, they were both Top of Mind.
The services are comparable, although Vendor B is bit more expensive. But the buyer feels an affinity toward Vendor B. The buyer has more confidence that Vendor B will be able to provide him with the additional expertise and support he needs to get the best results from the email system. Vendor B just seems to care more. The buyer contacts Vendor B to take next steps in his purchasing process.
This doesn't mean Vendor A isn't all of those things. But staying Top of Mind wasn't enough to win them a customer when compared with all that Vendor B did to go beyond just staying Top of Mind. It won't be enough for your company either, given the likelihood that your competitors are also emailing your prospects.
The goal for B2B marketing has to move beyond the idea of staying Top of Mind to building relationships that accelerate pipeline momentum. Achieving that goal requires the establishment of a marketing content discipline based on relevance and value applied specifically to address target audience needs.
In essence, email marketing must become lead nurturing. Email marketing is tactical. Lead nurturing is strategic. It's a different mindset. The process of lead nurturing helps companies focus on prospects, instead of on themselves. And that's what matters to your buyers.
Read the original blog entry...
Published May 30, 2010 Reads 1,765
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Ardath Albee
Ardath Albee, CEO & B2B Marketing Strategist of her firm Marketing Interactions, helps companies with complex sales increase and quantify marketing effectiveness by developing and executing interactive eMarketing strategies driven by compelling content.
Her book, eMarketing Strategies for the Complex Sale, was published by McGraw-Hill.
Her articles and blog posts have been used for university ezines, published in CRM Today, Selling Power, Rain Today and Enterprise CRM News. Marketing Profs has incorporated her blog posts into a number of their "Get to The Point" newsletters.
In the face of rapidly increasing amounts of unstructured data, industry is investing heavily to turn machines into services and connect them to analytics engines that will extract an extraordinary amount of value and unleash a productivity revolution for both businesses and consumers.
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The economics of business are radically changing due to the way in which software and services are being delivered thanks to cloud computing. In his session at 12th Cloud Expo | Cloud Expo New York [10-13 June, 2013], Mike Kavis will cover six reasons for the disruption.
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
New, "Super-Sized" 4-Day Cloud Computing Bootcamp is a brief introduction to cloud computing carefully created and devised to help you keep up with evolving trends like Big Data, PaaS, APIs, Mobile, Social and Data Analytics. Solutions built around these topics require a sound cloud computing infrastructure to be successful while assisting customers harvest real benefits from this transformational change that is happening in the IT ecosystem.
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible.
In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As they do more with cloud, trust will organically grow – maybe it’s just about meeting SLAs or seeing firsthand that data is there when you need it,” Rosendahl continued.
Cloud Computing Journal: The move ...
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how.
In this session Manjula Talreja, VP of Cisco’s Global Cloud Business Development Team, will discuss the importance of knowing who SMB...
Analyzing Hadoop jobs and speeding them up is often a tedious and time consuming effort that requires experts. In his upcoming session at 12th Cloud Expo | Cloud Expo New York [10-13 June, 2013], Michael Kopp will be showing how proven APM techniques can be used to speed up Hadoop jobs at the core, without going through tons of log files, beyond just adding more hardware and within minutes instead of hours or days.
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new systems of engagement, out maneuver their peers and achieve desired outcomes. In the Opening Keynote at 12th Cloud Expo | Cloud Expo New York, IBM GM & Next Generation Platform CTO Dr Danny Sabbah will detail the crit...
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