Wait—don’t change that channel!
Wondering what the top channel to drive leads is? You may already have it as part of your account-based marketing strategy.
In this guide to B2B channel marketing, we’ll walk you through its definitions, fundamental ABM strategies, and what you need to know about related emerging trends. Prepare to be surprised even if you’re familiar with the topic. And if you’re brand new to B2B channel marketing, consider this deep dive your personal field guide to everything you need to know about the subject!
A Bird’ Eye View of B2B Channel Marketing 🔍🧐
B2B (business to business) channel marketing is a complex process that focuses on building relationships with other businesses rather than individual consumers. Key components of successful B2B channel marketing include:
Accurately identifying your ideal customer profile
Developing engaging content tailored to their unique pain points or challenges they face daily
Utilizing a mix of online and offline marketing channels to reach potential customers
But wait, What is a marketing channel?
A marketing channel is an avenue through which brands advertise their products and services. Email newsletters, social media as a whole and as individual platforms, and even referral programs are all considered marketing channels. The benefits of thoughtfully communicating through these channels includes everything from increased engagement to revenue.
Whether you realize it or not, you already use several marketing channels in your day to day life. But in the context of B2B marketing, every commonplace marketing channel offers its own unique ecosystem of opportunities that can support a larger goal.
Some of the most popular marketing channels include…
Paid and organic social media advertising
Search engine optimization (SEO)
Attendance and/or sponsorship of trade shows and conferences
Direct mail campaigns
Telemarketing including video calls, phone calls, and SMS
Long story short: B2B channel marketing involves building relationships with other businesses by identifying the target audience, creating compelling content, and leveraging various marketing channels.
Differences between B2B and B2C Marketing
While both B2B and B2C (business to consumer) marketing share some similarities in terms of their goals (driving sales, increasing brand awareness, etc.) there are significant differences in how these objectives are achieved. For example, B2B marketers typically focus on long-term relationships with customers who have more complex needs compared to individual consumers targeted by B2C campaigns.
Additionally, decision-making processes tend to be lengthier for business buyers due to multiple stakeholders being involved. That means creating more elaborate funnels for single B2B channel marketing strategies or filling out a channel strategy with multiple outlets, all of which are tasks that may not be necessary for B2C channel marketing success.
Key Components of Successful B2B Channel Marketing
These puzzle pieces form a big picture of an account-based marketing strategy marketers in the B2B space can use regardless of their objectives:
Target Market Identification
To effectively market your products or services in a crowded marketplace, it's crucial to identify your ideal customer profile accurately. This involves understanding factors such as industry sector, company size, geographic location, and job titles within organizations you want to target.
Create Compelling Content
Once you've identified your target audience segment(s), develop engaging content tailored specifically towards their unique pain points or challenges they face daily - whether through blog posts, case studies, whitepapers, webinars, videos, podcasts, social media updates, etc. - ensuring relevancy and resonance among recipients while also positioning yourself as an authority within your niche.
Leverage Multiple Marketing Channels
Mixing online and offline channels to reach potential customers is a must for B2B channel marketing. Not sure which channels are right for you? The key is to create a mix that maximizes exposure and brand visibility while also driving traceable lead generation over time. Finding the perfect combination requires time which is why having a clear view of your analytics is so important.
Innovative Strategies for Lead Generation
The following tactics help businesses stand out from the competition and attract potential customers more effectively as part of their larger B2B channel marketing strategy:
Partner 🤝 with Complementary Businesses for Mutual Growth
One effective account-based marketing strategy is partner marketing, where two or more complementary businesses collaborate on joint promotions or campaigns. Both parties can benefit from increased exposure and reach a broader audience by leveraging each other's strengths.
For example, a software company might partner with an IT consulting firm to offer bundled services that address clients' needs better than either could do alone.
Leverage Influencers within Your Industry Niche
Influencer marketing has gained popularity in recent years as an effective way of reaching targeted audiences through trusted voices in specific industries. B2B organizations can work with influencers who have established credibility among their followers by sharing valuable insights about industry trends, products, or services. This collaboration may involve sponsored content creation or co-hosting webinars that showcase your brand's expertise while providing value to the influencer's audience.
The result? Using these innovative strategies in a B2B channel marketing plan typically leads to more engagement because of the value you’re able to provide at every touchpoint along the buyer's journey. By leveraging influencer marketing, you’re more likely to increase visibility among potential customers searching for solutions within your industry niche.
Utilize Diverse Forms of Marketing
These types of marketing require a different approach than more commonly outlets such as Twitter or Instagram. Using one or more of the following diverse forms of marketing will put you head and shoulders above competitors who don’t pursue them.
Content Distribution Channels in B2B Marketing
B2B channel marketing relies heavily on effective content distribution to reach the right prospects at the right time. By understanding and leveraging various types of media, such as owned media, earned media, and paid media you can maximize your content strategy's impact.
Owned Media Platforms
Owned media refers to channels owned and operated by your business (such as websites, blogs, social profiles, email newsletters and more) providing an ideal platform for businesses to share knowledge-rich content. These platforms provide an excellent opportunity for businesses to share their expertise through engaging content.
Here’s what you need to do to optimize these channels:
Earned Media Opportunities
Earned media is publicity gained through promotional efforts other than advertising. This includes press coverage from reputable publications, guest blogging opportunities, and mentions from industry influencers. Earned media not only increases brand visibility but also adds credibility due to third-party validation which is why being selective with where your brand content appears matters.
Some ways to secure earned-media placements include:
Paid Media Advertising 💰
Paid media encompasses all forms of advertising, including sponsored posts on social platforms, search engine marketing (SEM), display ads, and retargeting campaigns. These channels can help amplify your content's reach to a broader audience beyond organic efforts.
Here are some quick tips for investing in paid media:
Main Takeaway: Incorporating a mix of owned, earned, and paid media into your account-based marketing strategy ensures that you're reaching potential customers through various touch points while maximizing the impact of your content efforts.
Incorporating Buyer Persona Data into Strategy
By understanding who your ideal customer is through buyer persona data analysis, you can better tailor messaging across all touchpoints throughout the buying journey. Social media platforms such as LinkedIn offer valuable opportunities for targeting specific audiences based on industry sector or job title.
Here are the two main actions you can take to get started:
Start by gathering as much information about your potential customers as possible. This includes demographic details, professional background, pain points, and goals. You can collect this data from various sources such as:
Customer interviews. Conduct one-on-one conversations with existing clients to understand their needs and preferences
Sales team feedback. Collaborate with sales representatives who interact directly with prospects and have firsthand knowledge of their concerns
Analyzing website analytics. Review visitor behavior patterns on your site using tools like Google Analytics or HubSpot to identify trends that indicate the interests of different audience segments
Social media platforms provide powerful targeting capabilities that allow B2B marketers to reach highly relevant audiences based on demographics, interests, behaviors, and more. For example, LinkedIn offers targeting options such as job title, company size, and industry sector.
You can ensure that your marketing messages reach the right prospects at the right time simply by combining these targeting tools and your buyer persona data. This targeted approach not only increases engagement but it also improves overall campaign effectiveness and ROI.
In addition to LinkedIn, other social media platforms like Facebook Ads, Twitter Ads, and Quora Advertising offer similar audience targeting capabilities for B2B marketers looking to expand their reach.
Pro tip: Remember to monitor campaign performance regularly and adjust your account-based marketing strategy over time based on the insights gathered. This will help maximize results while minimizing wasted ad spend on low ROI audiences.
Emerging Trends in Driving Engagement among Business Buyers for 2023 and Beyond
In the ever-evolving B2B marketing landscape, businesses need to stay ahead of emerging trends that drive engagement and foster strong relationships with potential clients. The following strategies not only help boost web traffic but they also align sales teams more closely with their counterparts in marketing departments. How? By providing insights into prospect behavior patterns, sales can make informed decisions about which leads to pursue and close deals faster.
Branded Merchandise Giveaways
Branded merchandise giveaways are a powerful way to create brand awareness while offering value to your target audience. By distributing high-quality items such as t-shirts or office supplies featuring your company logo or messaging, you can leave a lasting impression on potential buyers who may become future customers.
This approach is especially beneficial for small businesses looking to compete against larger industry players. To stay on trend, consider environmentally-friendly merchandise options such as hemp market totes and TikTok favorite Stanley cups with a custom logo.
Community-Building Initiatives through Forums and Slack Groups
Fostering connections between like-minded professionals has proven successful in driving engagement among business leaders seeking solutions tailored specifically towards their unique needs. Forums, Slack groups, and other online communities offer members a space to discuss industry trends and share relevant content.
The goal should not be to advertise to this audience every single day or every single week for that matter. Instead, B2B marketers should aim to foster trust with potential customers by facilitating engaging discussions, sharing exclusive content, and making it possible for people to become friends over time.
Live Chat Support and Chatbots 🤖
Incorporating live chat support and chatbots into your digital marketing channels can significantly improve the customer experience, especially during the early stages of the sales funnel when prospects are seeking information about products or services.
These tools enable businesses to provide real-time assistance, answer frequently asked questions, and even guide potential buyers through complex buying processes. This will reduce pressure on sales reps who may be better suited for handling more advanced inquiries.
Blogging as a B2B Marketing Tool
Blogging is an effective way to showcase your company's expertise in a specific industry niche while attracting leads through search engines that index high-quality content related to relevant keywords at the same time. By publishing informative articles addressing common pain points faced by business buyers, you can establish credibility among your target audience and increase conversion rates as they progress further down the sales cycle. In fact, the blog you’re reading right now is a part of RollWorks’ own effective account-based marketing strategy!
The Modern B2B Buying Journey
Many of today’s buyers prefer self-guided research through digital channels before engaging with sales representatives directly. Think back to your last online shopping experience—did you immediately run to speak to a real person or did you do some of your own research first?
Importance of Self-Guided Research in Decision-Making Process
In the modern B2B buying journey, decision-makers are increasingly relying on self-guided research to gather information about potential solutions and vendors. According to a Google study, 89% of B2B researchers use the internet during their research process, while nearly half (46%) say they're already narrowing down their options based solely on digital content before speaking with a sales representative.
This shift emphasizes the need for businesses to provide valuable content that addresses prospects' pain points and showcases their expertise. Some effective ways to do this include:
Publishing informative blog posts or whitepapers
Creating case studies showcasing successful client partnerships
Hosting webinars or podcasts featuring industry experts
Demonstrating product capabilities through video tutorials or demos
Main Takeaway: Adopting an omnichannel approach caters specifically towards how suppliers sell and how buyers buy in today's market landscape.
Creating Seamless Customer Experiences
Modern B2B marketers must create seamless customer experiences across various touch points throughout the purchasing journey to appeal to modern consumers. This involves optimizing your website for user experience (UX), providing relevant resources at each stage of the funnel, and ensuring consistent messaging across all marketing channels.
Here are some best practices for creating a seamless B2B buying journey:
Personalize content. Tailor your messaging to address specific buyer personas and their unique pain points
Leverage marketing automation tools. Use platforms like RollWorks to automate personalized email campaigns, track prospect engagement, and measure campaign effectiveness
Maintain consistent branding. Ensure all marketing materials reflect your brand identity and convey a unified message across channels
Incorporate social proof elements. Showcase client testimonials or industry awards as evidence of your credibility within the market.
Taking these steps will help businesses align their sales and marketing efforts more effectively while providing an exceptional experience throughout the modern B2B buying journey.
FAQs About B2B Channel Marketing
Q: What are B2B marketing channels?
A: B2B marketing channels are the various platforms and methods used by businesses to promote their products or services to other businesses. These can include owned media (websites, blogs), earned media (public relations, guest posts), paid media (advertising, sponsored content), and social media platforms. Each channel has its own unique advantages in reaching target audiences and generating leads.
Q: What is a B2B marketing article?
A: A B2B marketing article refers to written content that provides valuable information about business-to-business marketing strategies, trends, best practices, case studies, and insights. These articles help marketers stay informed on industry developments and learn new tactics for engaging with potential clients effectively. Examples of such articles can be found on reputable websites such as MarketingProfs, HubSpot Marketing Blog, and Content Marketing Institute.
Q: What is an example of a B2B channel?
A: One example of a B2B channel is LinkedIn. B2B marketers use LinkedIn for sharing relevant content, joining groups related to their field of expertise, participating in discussions with potential clients or partners, and running targeted advertising campaigns aimed at specific job titles or industries. LinkedIn is great for reaching leads, showcasing your brand, and creating communities within your industry niche.
Q: What are the 4 pillars of B2B marketing?
A: The four pillars of successful B2B marketing are (1) Data-driven decision-making, (2) Targeted messaging, (3) Multichannel marketing, (4)Nurturing relationships.
Create Your Own Winning B2B Marketing Strategy
B2B channel marketing requires a unique approach that focuses on building relationships with complementary businesses and leveraging industry influencers. Successful strategies also incorporate targeted content distribution channels, detailed buyer personas, and emerging trends such as branded merchandise giveaways and community-building initiatives.
It's important to understand the modern B2B buying journey and create seamless customer experiences that make self-guided research easy and intuitive. By following these best practices, businesses of all sizes can accelerate revenue growth with ABM through effective B2B channel marketing.