One Size DOES NOT Fit All in B-to-B Marketing
Here's a painful truth: B-to-B lead generation takes a lot of hard work BEFORE you execute any marketing or sales program.
Work smarter, not harder, and follow these six steps to make a real difference:
- Do your homework. What do you know about your existing customers? Do they fall into any particular vertical industries? What types of job titles do they encompass? It's doubtful that they're all C-level executives—chances are your real customers are well down the food chain. Select your top four or five vertical industries, identify their job titles, and plan your next steps with these verticals in mind.
- Find prospects that look like your target. Finding the right target is NOT like finding a needle in a haystack, and if you've always relied on renting a D&B list, then good luck to you. Think like your targets. Join their industry organizations, attend industry conferences and read their trade publications—increase the breadth and depth of your industry knowledge. Most of these organizations/events make their lists available for rent, and their data is probably more current and accurate at the levels you're really targeting.
- Determine your targets' pain points. What problem does your product or service solve? It's probably different by vertical industry and by job title/function. Rent your list and use an outside research firm to contact prospects to help identify the challenges facing them in your particular area of expertise.
- Gather sales support assets. Use the information gathered in Step 3 to reposition your product, create new white papers or industry articles aimed at different functional areas within each company. Review existing case studies and determine how you can refresh and repurpose them by vertical industry based on your new found insights. Create assets digitally and in hard copy so you can use them in fulfillment and follow-up efforts.
- Create a destination of information. Before you start reaching out to prospects, create an online destination BEYOND your existing web site. Organize your new assets by vertical industry, as most organizations want to know that you understand and have experience in their category. A healthcare company, for example, will probably not have the same challenges as a financial services organization. And it's most likely that your solution wouldn't be identical either.
- Execute an outreach program. Now that you know your top four or five verticals, you're ready to tap targets on the shoulder. Create a campaign by vertical target in order to highlight key benefits that are most relevant to that target (you should know what these are as a result of your research in Step 3).
All your outbound communications to each of these job functions within each of your target verticals should be different. The individual in finance, for example, will want to understand ROI while the individual on the technology side might be concerned about how well your product can be integrated into existing technology.