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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How to optimize your team for success

How to optimize your team for success

optimize your team for success

Most teams are able to fairly easily decipher what needs to be done. However, when it comes to the how, new or weak teams fall flat. Here is how you can optimize your team for success.

Define roles

Clearly define roles and make sure every team member understands not only their role, but the roles of others on the team. When roles are defined and understood the team can avoid overlap and can avoid the trap of “I thought someone else was doing that.” In short, by defining roles your team can be more efficient and more effective.

Establish a communication protocol

Take the time to establish a communication protocol. This protocol should not be a rulebook, but rather it should outline a set of decisions about how the team will message each other and stakeholders on the progress and needs of the team. If you leave this to chance you are, well — taking a chance. If you establish a communication protocol up front you will achieve better communication and it will be less likely the ball will be dropped.

Develop performance metrics

Develop performance metrics up front. If you don’t take the time to do this, how will you know if you are making progress? How will you know what to do if you are not making progress? How will you know when goals are achieved? How will you be able to reward team members? Take the time to develop performance metrics up front — and get everyone on the same page.

Provide your team with necessary tools

Provide your team with the tools that they need to succeed, or you will set them up for failure. For example, give them the go-ahead to make certain decisions without needing to go through 11 bureaucratic steps. Similarly, give the team access to the people and information that they need to get the job done.

By focusing on the best path forward, rather than the end goal, good teams can get even better.

A version of this post previously appeared on EBN.

Why content is king and your business should take an oath of alliance to the kingdom

Why content is king and your business should take an oath of alliance to the kingdom

Content is king

In the 1970s people were exposed to an average of 2,000 ads per day.  Today we are exposed to more than 5,000 ads per day.  The barrage of ads has resulted in buyers tuning them out. With buyers no longer paying attention to ads, businesses need to adjust how they find and engage new prospects, and how they establish and maintain long-term relationships with customers.

The solution: content.  Why content is king and your business should take an oath of alliance to the kingdom.

Content is inclusive of blogs, white papers, e-books, newsletters, infographics, podcasts, webinars, and video.  Creating and distributing valuable and relevant content in a strategic and consistent manner is what will drive profitable customer action.

Valuable and relevant content is not a sales pitch.  It is not content that pushes your products and services.  Rather, it is content that communicates valuable information to customers and prospects so that they have the knowledge to make better informed decisions.  Moreover, it is content that establishes your business as a reliable source of knowledge – as the thought-leader within the industry.

How does this translate into consumer acquisition and retention?  When the customer is ready to make a purchase they will reward your company with their business and with loyalty.

Skeptical?  B2B companies with an active blog generate 67 percent more leads per month than those who don’t.  A study by the Custom Content Council found that 72 percent of marketers think branded content is more effective than advertising in a magazine, 62 percent say it is more effective than advertising, and 69 percent say it is ‘superior’ to direct mail and PR.

Content that will move the needle for your business is valuable content.  It is content that is informative, educational, interesting, and speaks to your customer’s emotions and speaks to their pain points.  Furthermore, it is content that is delivered consistently over time and at the right time.

Before you start to create content for your business consider this sage advice offered by Arjun Basu: “Without strategy, content is just stuff, and the world has enough stuff.”

Research supports Basu.  Companies that have a documented content strategy are more likely to consider themselves effective than companies that don’t have a strategy in place (60 percent v. 11 percent).  Similarly, companies who put a person in charge of content marketing were more likely to be successful than those who did not (86 percent v. 46 percent).

How do companies put together and execute a content strategy?  Eight percent of B2B marketers outsource content planning and strategy.  Sixty-four percent of B2B marketers report that they outsource writing and thirty percent outsource distribution and syndication.  Diving down further, 72 percent of large B2B companies (1,000 employees or more) outsource content creation and 34 percent of small B2B companies (10 to 99 employees) outsource content creation.

Content is king.  By taking an oath of alliance to the kingdom, your company will attract and retain customers.  Your company will realize an increase in leads, short sales cycles, and more loyal customers.

If you’d like to learn more about creating a content strategy for your business and/or about content creation , get in touch

A version of this article also appeared on DC Velocity

 

Why content is king and your business should take an oath of alliance to the kingdom

Why content is king and your business should take an oath of alliance to the kingdom

Content is king

In the 1970s people were exposed to an average of 2,000 ads per day.  Today we are exposed to more than 5,000 ads per day.  The barrage of ads has resulted in buyers tuning them out. With buyers no longer paying attention to ads, businesses need to adjust how they find and engage new prospects, and how they establish and maintain long-term relationships with customers.

The solution: content.  Why content is king and your business should take an oath of alliance to the kingdom.

Content is inclusive of blogs, white papers, e-books, newsletters, infographics, podcasts, webinars, and video.  Creating and distributing valuable and relevant content in a strategic and consistent manner is what will drive profitable customer action.

Valuable and relevant content is not a sales pitch.  It is not content that pushes your products and services.  Rather, it is content that communicates valuable information to customers and prospects so that they have the knowledge to make better informed decisions.  Moreover, it is content that establishes your business as a reliable source of knowledge – as the thought-leader within the industry.

How does this translate into consumer acquisition and retention?  When the customer is ready to make a purchase they will reward your company with their business and with loyalty.

Skeptical?  B2B companies with an active blog generate 67 percent more leads per month than those who don’t.  A study by the Custom Content Council found that 72 percent of marketers think branded content is more effective than advertising in a magazine, 62 percent say it is more effective than advertising, and 69 percent say it is ‘superior’ to direct mail and PR.

Content that will move the needle for your business is valuable content.  It is content that is informative, educational, interesting, and speaks to your customer’s emotions and speaks to their pain points.  Furthermore, it is content that is delivered consistently over time and at the right time.

Before you start to create content for your business consider this sage advice offered by Arjun Basu: “Without strategy, content is just stuff, and the world has enough stuff.”

Research supports Basu.  Companies that have a documented content strategy are more likely to consider themselves effective than companies that don’t have a strategy in place (60 percent v. 11 percent).  Similarly, companies who put a person in charge of content marketing were more likely to be successful than those who did not (86 percent v. 46 percent).

How do companies put together and execute a content strategy?  Eight percent of B2B marketers outsource content planning and strategy.  Sixty-four percent of B2B marketers report that they outsource writing and thirty percent outsource distribution and syndication.  Diving down further, 72 percent of large B2B companies (1,000 employees or more) outsource content creation and 34 percent of small B2B companies (10 to 99 employees) outsource content creation.

Content is king.  By taking an oath of alliance to the kingdom, your company will attract and retain customers.  Your company will realize an increase in leads, short sales cycles, and more loyal customers.

If you’d like to learn more about creating a content strategy for your business and/or about content creation , get in touch

A version of this article also appeared on DC Velocity

 

3 Reasons Why Your Business Should Use Twitter

3 Reasons Why Your Business Should Use Twitter

Why your business should use Twitter

Twitter is one of the more powerful platforms to influence consumers and grow a business. Is your business on Twitter? If not, here are three reasons why your business should be on Twitter:

1.       Be Found

When business consumers are searching for products and services, they typically start online.   According to a recent study by Pardot, 72 percent of B2B buyers begin their research with Google.  Other starting points for research: personal networks (15.58%), Yahoo (5.53%), Bing (2.76%), LinkedIn (2.51%) and social networks (2.01%).

Having a strong presence on Twitter- which has nearly a billion users – will significantly increase your business’ search engine rank and increase visibility.  Why is this important?  If you don’t rank well you won’t be found – 75 percent of users don’t scroll past the first page of search results.

2.       Provide Customer Service – In Real Time

Twitter is an increasingly effective way to provide customer service – and a channel to which many consumers are turning. Your customers may run into issues with your product or service and not have the opportunity to simply make a phone call to a call center or customer service center to take care of this issue. Furthermore, in this day and age, people are using mobile devices more often for their business needs, and Twitter – being a primarily mobile social media network – provides an excellent outlet for customer service representatives to help customers in need. Customer service representatives can communicate more effectively and execute troubleshooting techniques with Twitter than with most other platforms due to the ease of accessibility.

The number of companies handling more than 25 percent customer service inquires via social media has increased from nine percent (2012) to 18 percent (18 percent).  Even as more consumers are turning to social media for customer service, many companies are falling flat with respect to providing quality customer service.  Only 36 percent of consumers report that their customer service inquiry was dealt with efficiently and effectively.  This an opportunity for companies who can/do provide excellent and timely customer service via social media – a J.D. Power and Associates study found that 87 percent of consumers reported that their online social interaction with the company positively impacted the likelihood that they’d purchase from the brand, and that the responsiveness of the service representatives were a key of that satisfaction.

3.       Keep an Eye Your Competitors

Since Twitter is a public platform, it enables you to see what your competitors are doing. When performing an industry or business related search, Twitter can provide valuable insights into what kind of information and services your competitors are providing for their customers as well as help you keep an eye on significant achievements – and sometimes, failures – that your competitors will experience, helping you to make important decisions.

This post previously appeared on DC Velocity.