Marketing in Camouflage: Native Advertising for Manufacturers
by Emily Swet
Native advertising for manufacturing brands can be a mighty tool in your marketing arsenal. And with native predicted to drive 74% of ad revenue by 2021, it’s worthy of consideration. Let’s take a closer look at the basics of native advertising to see if it’s a good fit for your manufacturing brand.
First, What Is Native Advertising?
Native advertising is an ad format that looks like the editorial content around it. It’s different from content marketing, which is unpaid and lives on your website and social channels. Instead, native ads are paid placements in publications (or their online counterparts) that offer other value to your customers.
A sample of native advertising on Buzzfeed.
Isn’t That Just a Fancy Word for an Advertorial?
Advertorials are similar: longer-form ads written in an editorial style to evoke the same experience as a publication they are placed in. You’ve likely heard of them – they’ve been around since the 1940s (and are the precursor to today’s infomercial). Advertorials are generally much more promotional. They usually focus on the benefits of the product/service being offered and often push to sell.
In contrast, native ads usually focus on highly targeted content from which the reader can gain value. There is less emphasis on the product behind the article, and no sales pitch. Brands gain value in return by positioning themselves as thought leaders in their industry, building trust and brand affinity.
What Are the Benefits?
- They Are Appealing. Consumers view native advertising more often then banner ads.
- They Are Empowering. When done correctly, native ads give prospects the power to find solutions to their problems.
- The Leads Are Good. Because the content is relevant and highly targeted, you get more high-quality leads. This is particularly true if you are putting native ads on the sites of niche trade publications.
What Are the Drawbacks?
- Scalability. Producing native ads can be demanding. Each ad needs to look and sound like part of its environment. That means you risk authenticity or value, especially under a deadline, if you push for quantity.
- It can be perceived as deceptive. People don’t want to be tricked. There’s a delicate balance: your content must flow naturally with the publication. But you also can’t leave your reader feeling betrayed when they notice it’s sponsored. Your content should be relevant and insightful or useful in some way.
- One bad apple spoils the bunch. There are plenty of brands creating native ads that are simply too promotional. This makes some consumers leery of native ads in general. But according to Forbes, standards for native are set to increase, making it necessary for advertisers to follow rules and regulations.
What Does This Mean for Your Brand?
To conclude, native advertising can fall right in your prospect’s wheelhouse – if it’s done right. Offer something useful to your buyer from the outset, and you’ll build loyalty and name recognition. (And pull them into your sales funnel.) But like any kind of advertising, native ads require expertise, testing, and evaluation to monitor your success rates.
Continue ReadingWhy Manufacturing Companies Need More Touchpoints in Their Marketing
by Emily Swet
So, the bad news: the new reality for manufacturers is that to be successful, B2B marketing campaigns are going to take a bit more effort. According to Forbes, nurture cycles are getting significantly longer – so B2B manufacturing companies need more touchpoints in their sales funnel before hitting a conversion. Unfortunately, this means you might have to make your marketing mix work a bit harder to be more effective.
The good news: simply put, what challenges you changes you – and usually for the better. There’s real opportunity to arm your manufacturing company with a campaign that both acknowledges and works with these trends.
How? Start Here.
- Look Back: Analyze the data from your past campaigns to get a correct view of what worked, what didn’t, how long the cycle was, and how many touches were needed to convert.
- Look Forward: Use your historical conversion data to get a better understanding of the challenges that lie ahead and how you can circumvent them.
- Then Look Side to Side: Who is creating your content? Is it their forte, or is an employee doing double duty wearing another hat that doesn’t quite fit? Make it worth your time, effort, and spend by getting a pro on your side.
- Make a Plan: Map out an intuitive content calendar that addresses these longer cycles and how you’ll nurture your prospects within them. If your audience engages with a video, what will be the next thing they see? If you capture their email, what is the most compelling piece to arrive next in their inbox? You can make your content do double duty this way.
- Develop and Deliver: Create content that is valuable – helpful or interesting to your audience – and capitalize on social media, visual content, and thought leadership pieces.
These longer nurture cycles seem daunting, and there’s a lot of noise in the content space right now. But that’s exactly why manufacturing companies need more touch points – and valuable ones at that – along the way. Need a hand getting started? Drop us a line.
Continue ReadingB2B Monday Myth: Sales and Marketing Teams Are Born Adversaries
by MGB2B
The Myth: Sales and Marketing Are Born Adversaries
The Truth: Sales and Marketing Collaboration Leads to Higher Revenue
The Problem
Within many B2B companies there is a both sales team and a marketing team. But what you will rarely find is sales and marketing in a healthy relationship that ensures mutual success.
Why is this?
From the marketer’s perspective, their number one priority is to generate leads. They are the professionals when it comes to creating a campaign. Leads only get handed over to sales once they enter the buying process.
On the other hand, salespeople sometimes think that marketers are too far removed from customers and the business. How could they understand what’s involved in closing a deal?
Assumptions and doubt from both teams don’t help anyone. Often, one group thinks they could do a better job than the other. Add in different tactics, different mindsets, and varying timeframes, and you’re in trouble. What results is a relationship characterized by tolerance at best, and sales and marketing collaboration is not a priority.
What should happen instead?
The responsibilities within the buying process are often presented as a “funnel.” The very top and widest part of the funnel is buyer awareness, and the narrowest part at the bottom is the actual purchase. A marketing team focuses on top half of the funnel, identifying customer segments. They develop the branding and outreach that will resonate with these customers. Then, they circulate materials across relevant channels to get this message across. Responsibility stays with marketing through the “interest” phase of a customer’s process. Once a customer moves into “consideration” or “intent,” they get handed off to sales. At this point, the salespeople are entirely in charge of making a transaction happen.
The line where marketing efforts end and sales begin varies from company to company and is sometimes a little blurry. It’s clear that both teams integrate simply by the nature of their work. They both work to convert a lead into a sale, and some level of collaboration is necessary to make this handoff seamless.
But the key is that not only does the integration of sales and marketing need to be acknowledged. It needs to be capitalized on. If sales and marketing efforts are completely aligned, your company can improve sales substantially. In fact, the Digital Marketing Institute reported that sales and marketing collaboration potentially generate 208% more marketing revenue for a company and 36% higher customer retention.
So how can this be accomplished?
There are several steps you can take to ensure your marketing and sales efforts are aligned.
- Bridge the communication gap: It sounds cliche, but in this case, communication really is key. If sales and marketing aren’t communicating frequently and efficiently, valuable leads can get lost in translation. On the other hand, constant contact will ensure that both teams are up-to-date on what the other is doing. No one is left in the dark. It can also help each side to hold the other accountable for producing and accomplishing what they should, and making sure they report it correctly.
- Collaborate and socialize: In order to eliminate some of the negative assumptions sales has about marketing, or vice versa, it helps if both teams get to know each other. This doesn’t mean everyone has to become good friends, but genuine face-to-face conversations can create more authentic relationships and a better understanding of what everyone’s role is.
- Create uniformity: There are few things more effective than a consistent message. If sales and marketing are able to synchronize, their combined efforts will be much more powerful than either would be on its own. This may actually mean that some things cross over between the two groups. For example, marketing can adopt some of the quantitative metrics used by sales, and sales in return can use some of the more qualitative marketing techniques when it comes to retaining customers.
Sales and Marketing Collaboration – Mutual Success is Possible
You ultimately may not be able to eliminate all of the tension between your sales and marketing teams. Any two groups within an organization who operate under different strategies and perspectives are naturally going to butt heads every once in a while. But following these tips can help you begin to bridge the gap between two teams who are executing very important work for your company’s main goal.
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