Supply Chain Marketing Trends To Watch For In 2019

Supply Chain Marketing Trends To Watch For In 2019

With the start of the new year, it’s time to take a breath and get ready for what’s next. Here are five trends in supply chain marketing to expect in 2019.


Highlights:

  • People trust people, not ads.
  • Knowing how your customers communicate is key.
  • Personal connection is the key to success.

There are a lot of sales and marketing speakers already shouting out the trends for 2019. It’s a fast-paced world, and it can be tough to tune out the noise and maintain your identity in the constantly shifting marketing landscape.

The best way to navigate all the changes and trends is to plan ahead and be aware of what’s in the pipeline. Here are five supply chain marketing trends to be on the lookout for in 2019.

1) People trust people, not ads.

We know that traditional, outbound marketing is falling out of favor, making way for inbound techniques to take the lead. In fact, a Nielsen study from nearly four years ago found that the four most trusted sources of advertising were (1) people you know, (2) branded sites, (3) editorial sites, and (4) reviews.

[bctt tweet=”A Nielsen study from nearly four years ago found that the four most trusted sources of advertising were (1) people you know, (2) branded sites, (3) editorial sites, and (4) reviews.” username=”Fronetics”]

With ad blockers on the rise and this continued cultural shift towards inbound marketing, supply chain marketers need to tailor their efforts towards creating reliable, relevant content that will be of value to their customers.

2) Creativity is the wave of the future

We’ve written before about the increasing need for creative thinking in the supply chain. It’s no different when it comes to marketing the supply chain. The age of conformity is over (if it ever really existed in the first place). With so many players on the field, the ones who will really stand out in the coming years are those who think outside the box.

While we can’t tell you how to be creative, remember that content marketing, at its core, is about telling stories. Take a step back and think about your brand, its story, and what it means to your audience — then get ready to brainstorm!

3) Successful businesses will focus on breaking down internal divisions.

We’re always amazed by the persistent fear that content marketing is somehow the enemy of sales teams. In fact, we’ve written frequently about the symbiotic relationship between marketing and sales, and the need for alignment between the two departments.

Increasingly, supply chain companies need synergy between sales and marketing to be successful. In a recent article in Forbes, Calendar co-founder and President John Hall writes, “companies that put up barriers between departments will fail in the long run.” We agree. Hall goes on to point out that “great content can fuel other parts of the company, resulting in better talent, lower costs, and improved relationships with investors.”

4) Knowing how your customers communicate is key.

It’s easy to forget how quickly communication has changed over the past several decades. While life before cell phones is a dim memory, it’s important to remember that the ways in which we communicate with each other as individuals and as businesses continue to evolve.

For content marketing efforts to be successful, supply chain companies need to be keenly aware of how their target buyers are interacting, and they need to be ready to meet their buyers where they are. Keep a finger on the pulse through social media, and continue to evaluate and refine how well your content is reaching and resonating with your target audience.

5) People haven’t really changed that much.

Ok, so we’ve been telling you about all of the seismic cultural shifts brought about by technology, and all of the ways that marketing has changed over the past decade, and now this? Well, at the end of the day, people are still people, and they value helpfulness, authenticity, and relationships.

Luckily, that’s what good content marketing is all about. As technology and automation continue to progress, it’s crucial to remember the point of it all: personal connections and communication of trustworthy, valuable information.

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6 Content Marketing Trends for the Supply Chain in 2019

6 Content Marketing Trends for the Supply Chain in 2019

As content marketing continues to increase in popularity, here are six trends to consider when planning your 2019 strategy.

A recent article by Forbes on content marketing notes: “As recently as a few years ago, marketers handled content mostly as a side project. It was more of a bonus than an essential role — something you did when you had time because it took a backseat to more traditional marketing projects and responsibilities. That’s changed.”

Boy, has that changed. The content marketing industry is expected to be worth more than $400 billion by 2021.

The 2018 report from the Content Marketing Institute shows just how prevalent content marketing is, and how essential it has become to creating brand awareness, educating your audience, and building credibility and trust with your customers.

Supply chain & logistics marketers: Trends to watch

So, where is content marketing headed in 2019? Content marketing budgets are still on the rise, and supply chain and logistics companies are increasingly seeing the value in moving to an inbound marketing strategy driven by original content.

These are the six notable trends to consider when planning your 2019 content marketing strategy.

1. Video

Video is currently the most popular form of content being consumed online today, and video marketing will continue to have substantial value in 2019.

Smart supply chain marketers should start the new year by developing a visual storytelling strategy that offers consistent delivery of valuable content.

What’s your best bet? Be helpful and teach your audience something worthwhile to them.

2. Chatbots

The rise of chatbots – automated computer programs that simulate human conversation in messaging apps – is expected to continue in 2019. Business Insider recently reported that the number of people on messaging apps surpassed the number of users on social networks!

[bctt tweet=”Business Insider recently reported that the number of people on messaging apps surpassed the number of users on social networks!” username=”Fronetics”]

Chatbots are just one of the ways artificial intelligence will shape the content marketing landscape in 2019, but their ability to drastically increase customer engagement puts them on the short list for a major trend to watch in the coming year.

3. Voice search

Voice search is becoming an increasingly prevalent means of attaining information. Statistics vary, but it’s expected that anywhere between 30-50% of all searches will be voice searches by 2020. A recent report by NPR and Edison Research found that the rise of smart speakers is substantially changing consumer routines and purchasing behavior.

A good content marketing strategy for 2019 should consider how your customers might use voice search in your industry, and what you can do to maximize your content’s ability to respond.

4. Long-form content

I love this one, because it harkens back to humble beginnings of content marketing and the desire to put informative, quality content in front of a targeted interested audience.

Long form content – white papers, case studies, and lengthier blog posts e.g. – will have a resurgence of renewed appreciation in 2019. Why? Because many industries, including supply chain and logistics industries, are saturated with tons of mediocre short form content. People are increasingly looking to weed through it all for substantial quality posts from trusted sources. In addition, search engines will favor longer posts in results rankings.

Cheers to 2019 being the year of quality over quantity!

5. Brand ambassadors

We wrote about brand ambassadors as we headed into 2018, but they are worth mentioning again as we look forward to 2019. Brand ambassadors are employees that influence the B2B buying decisions of others, and they are an often-overlooked resource with more traditional marketing tactics.

Peers and colleagues are the third most influential source of information for business to business (B2B) purchasing, right behind online searches and your website! And there’s nothing more credible than a friend who speaks highly of their company’s product or service.

Definitely consider how you can help make brand ambassadors out of your employees in 2019.

6. Market Influencers

The final trend to watch in 2019 is influencer marketing, a form of marketing which focuses on influential people rather than the market as a whole.

Basically, marketers identify individuals who might have influence over potential buyers and create marketing campaigns and activities around these influencers. In many ways, this works similarly to a brand ambassador, where a single person influences their network of friends; in this case, however, the market influencer has a large network and a lot of “friends” who listen.

Influencer marketing will be a huge trend in marketing for 2019, and it would be worth considering who might be an influencer in your industry in the coming year and what your company might do reach them.

So, there you have it. As we head into 2019, these are the trends to watch and plan for in content marketing space.

The B2B buying climate is growing longer and more complex, and content marketing is so effective throughout the entire sales cycle if it’s done well.  The end of the year is a great time to revisit your marketing strategy and make any necessary changes for the coming year.

Best wishes in the year ahead!

This post originally appeared on EBN Online.

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Three Ways Content Marketing Should Change How You Sell

Three Ways Content Marketing Should Change How You Sell

Content marketing is reshaping the sales process. Here’s what this strategic resource can do for you.

We’ve said it before, and we’ll probably say it again: content marketing is not about making a sales pitch. Nor is it a substitute or replacement for an expert sales staff. However, with the right strategy, and with a closely aligned sales and marketing team, this inbound approach to marketing can revolutionize the way supply chain businesses approach sales.

There’s no question that content marketing has changed the sales process. Thanks to the content and resources available to them, potential customers are more informed as they enter the buyer’s journey. Content marketing helps generate a steady flow of quality leads and provides targeted information to usher prospects down the sales funnel.

[bctt tweet=”Content marketing helps generate a steady flow of quality leads and provides targeted information to usher prospects down the sales funnel.” username=”Fronetics”]

In this new environment, marketing and sales need to work in tandem to be at their most effective. This way they can help each other generate leads, nurture current leads more effectively, and close more deals. Here are three important ways content marketing is changing the way businesses accomplish these goals:

1) Inbound over outbound

Old school marketing was all about outbound — a marketing approach that pushes a message onto a buyer. Traditional advertising — tv and radio ads, telemarketing, banner and display ads — are all examples of outbound marketing. Content marketing takes the opposite approach: inbound marketing.

Inbound marketing focuses on audiences finding you. Instead of pushing a message onto buyers, inbound marketing allows you to establish your brand as an industry leader and let interested audiences come to you. This type of marketing attempts to draw in potential customers through interesting and engaging content.

When it comes to sales, inbound marketing is a game-changer. Content marketing is all about creating a relationship with prospects and paving the way for the sales team to nurture and develop that relationship. Your sales staff is empowered to nurture more leads through to conversion when they are armed with effective, targeted content.

2) Providing information

Once your prospect is ushered into the sales funnel, content marketing can help your sales team continue the conversation. The content you share with prospects at this stage of the buyer’s journey should be designed to answer informed questions and demonstrate that your products and services are there to meet their needs.

Quality content is your sales staff’s best friend. As sales personnel answer questions from prospects and help guide them toward conversion, email, blog, and other types of content are key to keeping prospects interested and moving them down the funnel.

3) Cultivate loyalty

Converting leads is important, but it’s only half the battle. Cultivating loyal customers for your business is crucial to success. Content marketing can not only help you do this, but it can turn those loyal customers into ambassadors for your brand.

Your sales staff should use the high-quality content and guidance provided by your marketing team to engage with satisfied customers on social channels like Facebook, Instagram, and Twitter. Rather than trying to push products, they can use these social spaces to share expert information and foster conversations that will lead other prospects to your business.

Content marketing and sales are a match made in heaven. Curating and creating great content will generate quality leads for your company. It also empowers your sales force to build relationships with potential customers — and close the sale.

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What Does Automation Mean for Supply Chain Marketing and Sales?

What Does Automation Mean for Supply Chain Marketing and Sales?

Automation has two major benefits for supply chain marketers: it drives efficiencies and improves success rates in earning and converting leads.

When you think about automation in the supply chain, you probably don’t immediately consider marketing and sales. Perhaps you envision robots scooting around warehouse floors, or maybe you think of applications in billing, compliance reports, or order auditing. However, advances in automation have impressive implications for marketing and sales in the supply chain as well.

Automation has two major benefits for supply chain marketers. Like all automation, it drives efficiencies, allowing your team to devote more time to other core competencies. What you may not know, however, is that it also improves success rates in earning and converting leads. In fact, HubSpot reports that businesses using marketing automation to nurture leads receive a whopping 451% increase in qualified leads.

New trends in marketing automation – particularly those which function more like artificial intelligence – can streamline and improve your marketing and sales efforts. Here’s how.

Integrate marketing automation into your CRM strategy

Integrating marketing automation into your customer relationship management (CRM) strategy may not be the first thing that came to mind, but the two work beautifully in tandem.

An integrated approach will take all three of the following areas to the next level:

  1. Track behavior. Automation lets you go far beyond basic demographic data, seeing things like what pages your prospects are visiting, what types of content they’re interested in, and where they are in the buying cycle.
  2. Send targeted messages. You can use the behavioral information collected by your marketing automation tool to create and send targeted messages that are customized to your prospects’ interests and stage in the buying cycle. This means your prospects will find your messages more relevant and engaging.
  3. Establish clear ROI. Establishing a clear link between marketing efforts and sales is a constant thorn in the side of most marketers, but new advances in automation make measuring ROI a little clearer. Creating a campaign in your marketing automation system maps it back to your CRM, so you can correlate closed deals directly with the campaigns that created them.

Basically, combining CRM with marketing automation can give you more organizational bandwidth, more precision in your messaging and lead nurturing, and more measurable value in your campaigns.

Create targeted messages with email workflows

There’s no area in which marketing automation is more helpful than in the creation of automated but extremely pertinent email workflows to your sales leads.

Based on the information you have about your leads and/or their engagement with your website, email workflows trigger a series of pre-determined highly-relevant emails at designated intervals, inviting them to take action and helping them to move down the sales funnel.

Email workflows do require considerable work upfront as you consider individual buyer profiles, their place within the buyer’s journey, and what timely and relevant information will advance them. But thoughtful well-designed email workflows can translate to substantial time savings and increases in lead conversion later.

More marketing automation: Social media scheduling tools & chatbots

Two other areas in which automation is making a big splash in marketing and sales are social media scheduling tools and chatbots.

The targeted approach of email workflows increases their chances of being read, but I don’t need to point out that – no matter how perfect your email might be – people are still buried in emails. On average, office employees receive 121 emails per day. Only around 20% are opened, and click-through rates are even lower.

[bctt tweet=”On average, office employees receive 121 emails per day. Only around 20% are opened, and click-through rates are even lower.” username=”Fronetics”]

So, in addition to email workflows, the newest trends in automation are social media scheduling tools and chatbots. Both of them can make your job much easier — and improve your bottom line.

Social media scheduling tools

Social media scheduling tools, like those offered by HubSpot and Hootsuite, let you plan and schedule content across your social networks.

For example, HubSpot’s comprehensive CRM and marketing platform includes the ability to automatically post to social media when you publish content, as well as in-depth analytical tools for determining the best time to post to social media platforms. You can also monitor social mentions and link your social media activity with larger marketing campaigns to determine ROI.

Hootsuite lets you keep track of various social media channels at once. It also helps you perform brand monitoring, letting you know when you brand is mentioned, and what your customers are saying.

As you can imagine, using a social media monitoring tool can greatly improve efficiency, cutting into the sometimes-seemingly-endless manual hours spent on social media monitoring and posting.

Chatbots

A chatbot is s a computer program that simulates human conversation using auditory or textual methods. It communicates with your customer inside a messaging app, like Facebook Messenger, and is similar to email marketing without landing in an inbox.

Chatbots are the latest trend in marketing, and their increasing popularity is making it harder to ignore how artificial intelligence is helping shape the content marketing landscape. It’s certainly timely. Business Insider recently reported that the number of people on messaging apps surpassed the number of users on social networks!

Messaging automation is the new email automation, and it can work for supply chain and logistics industries too. Chatbots currently allow for increased customer engagement through messaging app technology that isn’t yet saturated with marketing, and your brand will also appreciate the ease of tracking and segmenting your customers through chatbots.

Marketing automation is for the supply chain

Automation isn’t just for the warehouse or the finance and billing department. It’s also for this crazy constantly-changing world of marketing in supply chain and logistics industries. Marketing automation can make a big difference in your marketing and sales efforts.

Integrating automation with your CRM strategy, creating targeted email workflows, and the newest advances like social media scheduling tools and chatbots can all add up to major time savings and substantial increases in lead conversion rates.

This post originally appeared on EBN Online.

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3 Dangers of Sales and Marketing Misalignment

3 Dangers of Sales and Marketing Misalignment

When sales and marketing misalignment plagues your organization, it can have motivational and financial consequences.

Imagine your business spending millions of dollars trying to fix one perceived problem — and it wasn’t even the problem, after all.

Too often, B2B companies fall victim to the dangers of sales and marketing misalignment, often without even being aware that it’s an issue. In fact, a recent study by HubSpot found that only 22% of companies report that their sales and marketing relationship is tightly aligned.

[bctt tweet=”HubSpot found that only 22% of companies report that their sales and marketing relationship is tightly aligned.” username=”Fronetics”]

That’s a big problem. And, recently, four business and marketing professors set out to explore just how bad it is for companies when sales and marketing don’t line up. In a recent article in the Harvard Business Review, Wendy Ritz, Michelle D. Stewart, Felicia N. Morgan, and Joseph F. Hair, Jr., described their findings from an experiment and interviews, designed to tackle the issue of sales and marketing misalignment, specifically in regard to the pricing of products and sales initiatives.

What’s wrong with sales and marketing misalignment?

The researchers identified three major dangers for businesses when sales and marketing don’t share goals.

Danger 1: Demotivation

A key part of motivation is the belief that a team can achieve its goal. When goals are misaligned, “it reduces the sales force’s perception that they can achieve either goal.”

In turn, the researchers point out that this demoralizing effect can reduce commitment to the organization, in addition to specific goals. In their experiment, they found that “the effect of misaligned goals reduced hope of the salespeople and created a defeatist climate.”

Danger 2: Goals seem insurmountable

Again, the perception that goals can be achieved is crucial. When sales and marketing are misaligned, people are much more likely to view goals as more difficult or even impossible to achieve.

The researchers point out that “while difficult goals are not necessarily problematic, the challenge is when the sales force believes that the misalignment of goals is simply unnecessary, or that the goal combination makes it impossible to be successful.” In other words, if goals don’t line up, you wind up with a sales force who feels defeated immediately.

Danger 3: It’s going to cost you

Remember the old adage, “Be careful what you wish for?” When it comes to sales and marketing misalignment, the highest cost often comes when goals are met.

“To compensate for the mismatch between pricing and sales force compensation goals,” the researchers found, “salespeople may offer additional resources such as free training, free freight, and customized products.” When goals seem insurmountable or counterproductive, sales teams find themselves resorting to desperate measures to get the job done — which can unnecessarily erode profits.

When things go right

According to a recent study by Data Room and Marketo, “Sales and marketing alignment can improve sales efforts at closing deals by 67% and help marketing generate 209% more value from their efforts.”

The survey found that sales teams closely aligned with their marketing counterparts ranked the quality of marketing-sourced leads much higher than those that were rarely aligned or misaligned. The bottom line: sales and marketing teams that are aligned perform better.

Thinking about getting your sales and marketing on the same page? Consider these six ways to boost sales and marketing alignment.

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