by Fronetics | Nov 7, 2019 | Blog, Logistics, Marketing, Paid Advertising, Supply Chain
Strategically integrating paid advertising in the buyer’s journey can help influence purchases and repeat sales.
Highlights:
- We advocate a primarily inbound strategy, you can boost the reach of your posts by investing in paid digital advertising.
- Your goal is to continue to engage with prospects and educate buyers as to why your product/service is better than your competitors’.
- 60% of consumers believed customer reviews were either trustworthy or very trustworthy — meaning that businesses that can accumulate positive reviews had a good chance of helping a customer make a purchase decision.
Let’s face it: the internet has completely changed the way B2B buyers are researching and making purchases. It’s becoming more crucial than ever to customize content for a potential customer’s journey through your funnel to help convert leads to sales.
The internet has given buyers the ability to research products and services, as well as compare competitors, without ever leaving the house. To keep up, B2B marketers need to align digital marketing efforts with the buyer’s journey to create and distribute content at the right moment.
While we advocate a primarily inbound strategy, you can boost the reach of your posts, ads, and videos by investing in paid digital advertising. And increased reach isn’t the only benefit. New statistics show that PPC visitors are 50% more likely to purchase something than organic visitors.
The key is to create interesting and informative ads and serve it to potential buyers at the right point in their research. Let’s look at how to integrate paid advertising in the buyer’s journey.
3 stages of the buyer’s journey
To stand out from your competitors, marketers need to know what types of paid ads to create and where to distribute them throughout the buyer’s journey. According to Brandon Stauffer, the typical buyer’s journey breaks into three stages:
- Awareness:A buyer figures out they have a problem and begin researching more about that problem. They are looking for resources to validate or better explain what their problem is.
- Consideration:Now the buyer knows the details of their problem. They begin more research to find a solution to their problem.
- Decision:The buyer has done research into solutions and is now comparing those solutions to make a final decision.
Now that you have the three key stages of the buyer’s journey, digital marketers need to pair specific paid ad campaigns with the right stages.
How to use paid advertising in the buyer’s journey by stage
Awareness stage
This is the very top of the sales funnel. All ads at this stage should focus on educating and engaging with prospects. There are two trains of thought when it comes to the awareness stage of paid ad campaigns:
- Create a campaign for prospects who might not know about your brand, products, or services
- Create an ad campaign that focuses on brand awareness and keeping your company at the top of the mind for those prospects that have heard of your brand
For each of these options, creating ads that appeal to your buyer personas will help get them in front of your targeted audiences.
Recommendation: Google search ads, Facebook and Instagram ads, highly visual content including video
Consideration stage
The second stage, consideration, is just that … Buyers are aware of your brand and are considering your products and services. Your goal is to continue to engage with prospects and educate buyers as to why your product/service is better than your competitors’. Remember, this isn’t the time for a hard sale. You want to bring buyers to the table by demonstrating what you can do for them.
Recommendation: Google Display ads, remarketing through Facebook, Instagram, LinkedIn and Twitter
Decision stage
Your prospect is almost ready to commit to a “conversion” but may need that extra push. Ads in this phase should communicate an incentive to get them to complete the conversion.
And don’t forget: people trust people. Customer testimonials can be a powerful tool in the decision stage of the buyer’s journey. HubSpot research found that 60% of consumers believed customer reviews were either trustworthy or very trustworthy — meaning that businesses that can accumulate positive reviews had a good chance of helping a customer make a purchase decision.
Recommendation: Remarketing on Google and social platforms, create visual customer testimonials
Have you tried integrating paid advertising in the buyer’s journey?
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by Fronetics | Sep 11, 2019 | Blog, Content Marketing, Marketing, Strategy
Ushering qualified leads through the sales funnel requires the right kind of content at the right time. Here’s what kind of content you need for ToFu, MoFu, and BoFu.
Highlights:
- ToFu, MoFu, and BoFu are abreviations for top of funnel, middle of funnel, and bottom of funnel, respectively.
- ToFu content should be geared toward audience engagement and getting contact information – not converting.
- MoFu stage content should establish that your business can address a prospect’s specific needs.
Consider this statistic: 50% of qualified B2B leads aren’t ready to make a purchase when they initially convert. That means that in order to usher prospects effectively through the sales funnel, marketers need to deliver the right content for each stage of the buyer’s journey. That’s where idea of ToFu, MoFu, and BoFu content comes in.
In case you’re wondering, none of these three words refer to soy-based vegetarian snacks. Instead, ToFu, MoFu, and BoFu are marketing portmanteaux, meaning top of funnel, middle of funnel, and bottom of funnel, respectively. Effectively nurturing inbound leads depends on creating and delivering the right type of content for each stage of the funnel.
ToFu, MoFu, and BoFu: a primer
Before we talk about what kind of content to deliver to prospects at each stage of the buyer’s journey, let’s take a closer look at what the terms ToFu, MoFu, and BoFu refer to and what your goals should be at each stage.
ToFu: top of the funnel
At the top of the sales funnel (ToFu), your goal is to draw in a wide audience of prospective leads, increasing brand awareness and customer engagement. This is the awareness stage of the buyer’s journey, and it represents your first impression. Leads at the top of the funnel are getting a sense of what your business does and your brand identity.
For ToFu leads, your goal isn’t conversion but simply to obtain contact information and generate interest. Says Gaetano DiNardi, Director of Demand Generation for Nextiva, ToFu “is where strangers become familiar with your brand for the first time… At this stage of the game, you don’t care about conversions; you care about piquing intrigue.”
MoFu: middle of the funnel
The middle of the funnel (MoFu), is the consideration stage of the buyer’s journey. This can be a tricky and uncertain stage as your leads continue to engage with your brand and learn about your products and services but remain unready to commit to purchase. “MoFu is usually the most complicated funnel stage because of how hard it is to define,” says DiNardi.
Ideally, by the MoFu stage, you should have a clearer idea of who your leads are and what they’re looking for. Your focus should be on continuing to educate your leads and situating your products and services as the solution to the challenges and needs of your prospects.
BoFu: bottom of the funnel
The bottom of the funnel (BoFu) is the decision stage of the buyer’s journey. You’ve established a relationship with your prospect during the MoFu stage, and your lead is now turning to you for specific information about your products and services. It’s at the BoFu stage that leads are ready to make a purchasing decision.
This is the stage when it’s all about conversion. Your goal is to inspire your lead to convert, helping them to realize that your business has the solutions they need. It’s important to note here that your goal is not to “sell,” but rather to make sure your leads know that you’re there to help.
(Made with Canva)
Optimizing ToFu, MoFu, and BoFu content for lead nurturing
Once you have a clear idea of the stages of the sales funnel and your goals for each, it’s time to consider the right types of content to ensure that prospects receive exactly the right message for each step of the buyer’s journey.
ToFu content: generating engagement
At the top of the sales funnel, where your goal is to engage your audience and collect contact information from qualified prospects, your content needs to educate leads and establish thought leadership. ToFu content shouldn’t pressure your audience to make a purchase, but instead should be geared toward providing information that speaks to needs, challenges, and questions common to your target audience.
According to Coralie Wood, Director of Demand Generation at LoginRadius, “Top-of-funnel content needs to be much more digestible and informative to ensure you are positioned as a thought leader.”
Some types of content that work particularly well for the ToFu stage:
- Blog posts
- Infographics
- Video content
- Whitepapers
- eBooks
MoFu content: addressing prospects’ needs
At this challenging middle stage, your content should begin to establish your business as the solution to a prospect’s specific needs and challenges. This is the consideration stage, and your lead is in the process of evaluating all available information to prepare to make a purchasing decision. Developing the relationship requires that your content be highly informative about how your business is ready to meet your prospect’s needs.
Because of the “wide net of interested leads who haven’t been fully qualified,” says DiNardi, “if you are too shameless about plugging your products or services, you’ll come across as pushy and likely to turn off buyers.” Instead, he suggests being “helpful and knowledgeable, while guiding your prospects into the right decision.”
Effective content types for the MoFu stage include:
- Email campaigns
- Free templates or guides
- Product-to-product comparisons
- Webinars
- Case studies
BoFu content: inspiring conversions
Now that your ToFu and MoFu content have attracted and nurtured a qualified lead, it’s time for your BoFu content to convince your lead to convert. It’s the closing stage of the buyer’s journey, which means marketers should be directing prospective buyers toward content that sells. This type of content is about cementing a decision and helping your leads recognize that your business has the right solutions.
“It’s important to note here that BoFu content can also lead directly into validation. This starts to cross the line from traditional content marketing to things like product marketing and customer testimonials,” says Mike Baker, marketing director at Lola.com. “As you work closer to the bottom-of-the-marketing funnel, your content should shift from purely educational to a more consultative, product-focused and a ‘show-don’t -ell’ style of marketing.”
BoFu content types geared to inspiring conversions include:
- Product demos
- Case studies and testimonials
- Free assessments or trials
- Targeted email campaigns
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by Fronetics | Sep 20, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Supply Chain
Online searches, vendor websites, and peer recommendations are the top 3 resources for B2B buyers.
As a marketer, it’s not enough to just know about the B2B buyer’s process. Your success rides on your ability to understand how your buyers are getting their information — and, more specifically, where they’re getting the information they need to make a purchasing decision.
So where are they getting most of their information? I can tell you, it’s no longer from sales reps.
In our digital era, buyers are heading straight to the internet to gain valuable insight before making purchases. Thanks in large part to social media, mobile technologies, and the world wide web, buyers are becoming increasingly self-sufficient. In fact, 70% of the buyer’s journey is complete before a buyer even reaches out to sales. This means they have already spent a fair amount of time educating themselves with the enormous amount of information available to them on the internet.
[bctt tweet=”70% of the buyer’s journey is complete before a buyer even reaches out to sales. This means they have already spent a fair amount of time educating themselves with the enormous amount of information available to them on the internet.” username=”Fronetics”]
Is your content marketing meeting buyers where they are? Here are the three most important sources of information for B2B buyers.
Infographic: 3 top resources for B2B buyers
(Made with Canva)
Takeaway: Get in early
Listen, your prospects are forming their opinions about your business and your products based on what they find on the web, and early on.
This new reality may seem daunting, given how much of the purchase decision-making process occurs before you have the opportunity to engage with a potential client. But in reality, this changing climate offers serious opportunities for businesses to demonstrate their expertise, without turning buyers off with overt sales pitches.
To make the most of the potential purchaser’s experience with your business, content is key.
A robust content marketing program builds brand awareness, establishes trust and rapport with prospects, and generates traffic to your website. Thoughtfully generated and curated content catches the attention of buyers and keeps them interested in your business through the time of purchase.
With a well-thought-out, data-driven content marketing strategy, you’ll be ready to meet digital natives where they are.
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by Fronetics | Aug 27, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Strategy, Supply Chain
Repurposed and repackaged, your existing content is a valuable asset for your sales force throughout the buyer’s journey.
If you’re a supply chain marketing professional, it’s likely that you spend a tremendous portion of your day researching, creating, packaging, and disseminating content. Your hard work is all about growing brand awareness and building your reputation as a trusted industry thought-leader — all with the goal of having that work eventually convert leads.
But, consider this: When it comes to engaging prospects and clients, only 20% of salespeople actually use content. When we know that potential buyers are far more willing to engage with someone offering them information and insight, why are B2B businesses abandoning content as soon as prospects are handed over to sales?
B2B buyers prefer content throughout the buying journey
According to DemandGen’s 2018 Content Preferences Survey Report, “Buyers are becoming increasingly more selective in the content they are consuming,” relying more on “trustworthy sources, industry influencers, and their peers to educate themselves.” And furthermore, 88% of those survey respondents want less focus on product specifics and more on the value that product can bring to their business.
[bctt tweet=”Buyers are becoming increasingly more selective in the content they are consuming, relying more on trustworthy sources, industry influencers, and their peers to educate themselves.” username=”Fronetics”]
And on the other side of that coin, according to HubSpot writer and marketing expert Bethany Cartwright, sales reps spend about 15% of their day leaving voicemails, and only about 20% of all sales emails are ever opened. “This means 80-85% of sales outreach efforts are going unnoticed by those prospects you’ve worked so hard to capture with content,” writes Cartwright.
It’s time to start leveraging your content throughout the buyer’s journey by arming your sales force with content. Before you panic at the idea of creating reams of new content, take a breath. It’s more than likely that you can repurpose your existing content, optimized to give your sales force the tools they need to close deals.
So how do you go about repurposing your content and giving your sales force the best possible tools with which to convert prospects to buyers? Web Profits co-founder and author Sujan Patel suggests “mapping content generated by your marketing team to each stage of your customer’s buying journey.” We’ve created the infographic below to help you optimize content for each of the three stages of the buyer’s journey.
Infographic: Delivering content throughout the buyer’s journey
(Made with Canva)
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