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B2B Growth Strategies
1. Proprietary & Confidential
brand growth strategy
Best Practices in B2B Marketing
Presentations given at:
B2B Marketing & Strategy Conference in Bogota, Colombia
Michael Million
mmillion@fullsurge.com
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2014 Proprietary Research Study on Growth
Growth Gurus All Others
21%
79%
Large Cap and Mid-Market
U.S.-based Executives, Global Companies
n: Quant = 541; Qual = 26
What Drives
Growth?
Brand
Marketing
Innovation
Growth Gurus
>15% 3-year CAGR
All Others
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Growth Gurus – Marketing Capabilities
Compared to your competitors, how
would you rate your company’s
marketing capabilities?
?
B2B companies with 3-year CAGR
of +15% (B2B Growth Gurus) are
130% more likely to believe that
their marketing capabilities are a
great deal stronger than their
competitors
130%
more likely
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5 Best Practices in B2B Marketing
Lead with the
Customer
Make Marketing
Strategic
Build Strong
Brands
Execute with PrecisionTest & Learn
1 2 3
4 5
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Growth Gurus — Customer Understanding
How well does your company
understands its customers in terms
of their attitudes, needs, and
behaviors?
B2B companies with 3-year CAGR
of +15% (B2B Growth Gurus) are
34% more likely to believe that they
understand their customers
? 34%
more likely
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Segment the Market
Tactical Strategic
Firmographic Behavior Needs Attitudes
Who they are What they do
What they
(really) want
Why they want it
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Segmentation Example Global Industrial Cleaning Supplies
Demanding
Enthusiasts
Streamliners
Performance
Partners
Efficiency
Seekers
Best In
Class
Basic Buyers
Apathetic
Purchasers
Total Respondents: 18% Total Spend: 24% Spend Index: 128
Spend
Country Sector
Discriminating Attitudes
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Segmentation Example Global Industrial Cleaning Supplies
Highly collaborative, focusing on simplicity and reputation
This type of customer wants to partner directly with a cleaning chemicals
company to improve cleaning results for their site(s). These customers are highly
collaborative, see differences in cleaning chemical companies and would rather
use a single manufacturer for all of their needs. They want the manufacturer to
get to know their business and they seek advice from them.
Performance
Partners
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Select aTarget Segment
A B C D E
Total (Strategic Fit)
Financial Attractiveness
Revenue potential
Cost to serve
Market Relevance
Brand “Permission”
Credibility
Organizational Capabilities
Ability to meet needs
Ability to build capabilities
Segments
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Growth Gurus – Value Proposition
How established are value
propositions for key products
and services in your company?
?
B2B companies with 3-year CAGR
of +15% (B2B Growth Gurus) are
33% more likely to believe their
value propositions are formally
documented and well-understood
by employees
33%
more likely
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Value Proposition — Operational Requirements
Platform: Enhancing Performance. Together
Operational Changes:
Performance Partners
From To
Transactional Relationship
Heavy Product Orientation
One-Size Fits All
Distributor-Focused
Emphasis on Product Features
Collaborative Problem Solving
Balanced Solutions Orientation
Needs-Based Solutions
Customer-Focused
Emphasis on Customer Impact
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TheValue of a Brand
“All our factories and facilities could burn
down tomorrow but you’d hardly touch the
value of the company; all that actually lies
in the goodwill of our brand franchise...
our company’s name and trademark are by
far our most valuable assets.”
- Roberto Goizueta, former CEO,
The Coca-Cola Company
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Brands are Strategic Assets
$21.2
TRILLION
Forbes’ 50 most valuable
brands in the world…
…Combined asset valuation
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Growth Gurus – Brand Capabilities
Compared to your competitors,
how would you rate your
company’s brand-building
capabilities?
?
B2B companies with 3-year CAGR of
+15% (B2B Growth Gurus) are 79%
more likely to believe their brand-
building capabilities are a great deal
stronger than their competitors
79%
more likely
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Growth Gurus – Brand Portfolio
How clearly organized is your
company’s brand portfolio?
?
B2B companies with 3-year CAGR of
+15% (B2B Growth Gurus) are 31%
more likely to believe their brand
portfolios are extremely clear
/logically organized and well
understood by customers
31%
more likely
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Brands are thoughtfully extended
High
Risk
High
Cost
Products &
Services
Brands
Existing
New
Existing New
Market
Penetration
Brand
Extendibility
Portfolio
Extendibility
New Product
Development
Less Impactful
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Brands are thoughtfully extended
Offering
Firm Size
Buyer Function
Price PointProject
Length
Operating
Model
Industry Type
Pricing Model
X
Global Professional
Services Firm
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Brands are Managed & Measured
Behaviors
What you DO
Perception Metrics
How you’re VIEWED
Performance Metrics
What you ACHIEVE
Organizational
Activities
Brand
Funnel
Brand
Image
Relationship
/Loyalty
Business
Impact
Articles &
White Papers
Proprietary
Products/IP
Brand
Awareness
Brand
Trial
Brand
Attributes
Brand
Personality
Customer
Acquisition
Customer
Retention
Unit Sales/
Revenue
Margin
Profitability
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Growth Gurus — Social Media
How would you describe your
company’s approach to social
media?
?
B2B companies with 3-year CAGR
of +15% (B2B Growth Gurus) are
91% more likely to believe they
have a formal strategy for social
media and its well integrated with
their overall marketing strategy
91%
more likely
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Social Media Example
Lego 48.0
Maersk 37.0
Disney 34.2
GE 32.9
Shell 19.1
Ford 17.2
McDonald’s 10.2
Oreo 7.2
Dell 7.0
Red Bull 6.0
Converse 5.1
Starbucks 4.5
Coca-Cola 2.2
Average Score for Ten
Latest Facebook Posts
(June 2014)
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Growth Gurus — Implementation
To what extent is your company
successful in implementing
brand and marketing strategies?
?
B2B companies with 3-year CAGR
of +15% (B2B Growth Gurus) are
20% more likely to believe their
brand strategy is embedded in all
that they do as an organization
20%
more likely
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Touch Points = Experience
Before
Purchase
During
Purchase
After
Purchase
Technical
Support
Customer
Care
Training
Delivery
Payment
In-store
Advertising
Content
Marketing
Promotions
PR
Awareness
Familiarity
Consideration
Trial
Purchase
Loyalty
Advocacy
Re-Purchase
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Customer Experience —Two Paths
Financial – how do we squeeze costs
out of the system, get customers to
pay more?
Operational – how do we streamline
operations to make it more efficient
(for us) from beginning to end?
Internally Oriented Externally Oriented
Functional path – how do we make
customers’ journeys easy, informative,
and helpful throughout?
Emotional path – how do we address
customers’ changing psychological or
emotional needs as their decision-
making evolves?
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Brand Experience
Define the brand in customers’
minds
Distinguish the company away
from its competitors
Have a high influence on future
behaviors
Brand Experience
50% to 80%
of word of mouth is
driven by brand
experience
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5 Best Practices in B2B Marketing
Lead with the
Customer
Make Marketing
Strategic
Build Strong
Brands
Execute with PrecisionTest & Learn
1 2 3
4 5
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MDuckler@fullsurge.com
fullsurge.com
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