Alaina Roberts

Feeling stuck? How to reignite your marketing strategy for success

Feeling stuck?  How to reignite your  marketing strategy for success

You’ve got a solid strategy, and your team has put significant effort into executing it, but now you’re stuck. If that sounds familiar, this blog post might be just what you need to reignite your marketing strategy. Whether your strategy isn’t delivering the desired results, you’re struggling to make informed data-driven decisions, or finding it difficult to adapt to constant changes in the marketing landscape, we’ve compiled a list of models, tips, and tools to help you and your team improve your marketing effectiveness.

The power of SWOT analysis to understand your blockers

When feeling stuck, it’s often beneficial to step back and reflect. A SWOT analysis can uncover strengths, weaknesses, opportunities, and threats, providing a solid foundation to reassess your current strategy.

How to conduct an effective SWOT analysis:

  • Strengths: Identify what your team excels at, what’s working well, the resources you have, and what sets your brand apart
  • Weaknesses: Be brutally honest about what’s not working. Identify skill or resource gaps, underperforming aspects of your strategy, and ineffective tools
  • Opportunities: Look for trends or new technologies to leverage, untapped markets or audience segments, and process improvements to boost team productivity
  • Threats: Consider internal and external factors that could impact your strategy, competitor activities, and potential market or economic shifts.

Next steps:

After conducting your SWOT analysis, prioritise the areas needing immediate attention. Develop action plans to address weaknesses and threats while capitalising on strengths and opportunities.

Optimising your customer journey through better use of MarTech

 

Focusing on the buyer journey allows you to make targeted improvements without undergoing a wholesale MarTech review. By enhancing specific stages of the journey and demonstrating results, you can build a strong case for more extensive updates later.

Next Steps:

Identify gaps or silos in your current toolset that hinder a seamless customer experience. Invest in tools that provide a unified view of the customer for a consistent and personalised approach across all touchpoints.

Leveraging Gen AI and existing features

Ensure your team fully understands the features of your current tools, including how to leverage generative AI to enhance your strategy. Gen AI can automate content creation, personalise customer interactions, and provide predictive analytics.

Next Steps:

  1. Educate your team: Provide training opportunities on the full feature set of your current tools, focusing on how to effectively use Gen AI
  2. Set clear guardrails: Establish guidelines for AI activation to ensure responsible and effective use. Define parameters for testing, learning, and scaling AI-driven initiatives
  3. Pilot projects: Start with small-scale AI projects to demonstrate value. For example, use AI to personalise email campaigns or create dynamic content for social media
  4. Measure impact: Track the performance of AI-driven projects using relevant metrics. Analyse results to refine your approach and expand successful strategies.

Staying agile: Adapting to market changes

Technology, customer behaviour and business priorities are evolving rapidly. Your team needs to be resilient to roll with the changes needed to make sure your marketing remains effective. Taking an agile marketing approach helps you pivot quickly and maintain relevance – the way your work underpins the results you can deliver.

Here’s how you can stay agile:

  1. Focus on customer value and business outcomes
  2. Deliver value early and often
  3. Learn through experiments and data
  4. Foster cross-functional collaboration
  5. Respond to change over following a static plan.

Next steps: Embrace a growth mindset within your team and establish agile marketing principals. Encourage continuous improvement using up-to-date information and cultivate an environment of creativity and flexibility. Consider Bright’s agile marketing training to empower your team with the knowledge and tools to kick-start their agile marketing journey.

Finally, stay motivated, keep learning and measure success

To reignite your marketing strategy and ensure long-term success, remain flexible and open to new ideas. Use Bright’s reframe cards to encourage conversations and spark new thinking, challenging the status quo.

Celebrate small wins to keep your team motivated. Foster a culture of continuous learning and innovation, and view setbacks as opportunities to learn. By staying motivated and committed to continuous adaptation, you can navigate the dynamic marketing landscape and sustain marketing outcomes that drive your business goals. The key to a thriving marketing strategy lies in your ability to adapt, evolve and grow with the ever-changing market.

 

 

Alaina RobertsFeeling stuck? How to reignite your marketing strategy for success
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Evolving strategies for marketing leadership: Insights from the Bright B2B leaders dinner

Evolving strategies for marketing leadership: Insights from the Bright B2B leaders dinner

The Bright B2B Marketing Leaders Dinner served as a vibrant forum for senior marketing professionals from the tech and consulting sectors to delve into discussions under Chatham House Rules. The event united leaders to share their priorities, successes, challenges, and insights, fostering a rich exchange of ideas over fine dining. The primary focus of the discussions was on the increasing necessity for agility and effectiveness within senior B2B marketing roles, highlighting key challenges and emerging trends across several critical areas.

This briefing note encapsulates the discussions, offering deeper insights into the challenges faced and the strategic approaches that have proven effective, both from the experiences shared by the leaders and the solutions provided by Bright to enhance marketing and business outcomes.

Key discussion themes and strategies for success:

Adapting to constant change and building resilience:

Leaders are grappling with an environment where market conditions, business requirements, and operational targets are perpetually evolving. Transparency about the constant nature of change is vital for fostering a resilient mindset within marketing teams and the wider business. Change fatigue, too much change and poorly communicated change is an issue in terms of realising the value of major business transformation programmes.

The conversation underscored that managing change isn’t just about responding reactively but proactively establishing agile ways of working that can adapt to change and shaping organisational culture to anticipate and embrace change as an ongoing opportunity.

Key strategies: 
Establish agile marketing practices and adapt them to your environment, conduct regular strategic reviews, and cultivate a culture that views change as a growth mechanism. Agile marketing methodologies enhance adaptability and operational efficiency, but you need robust change enablement communication strategies to support and accelerate any transitions.

Aligning KPIs and communicating effectively with the C-Suite:

It’s essential for marketing KPIs to resonate with C-suite executives and align with broader business goals, ensuring marketing is seen as a strategic partner rather than a cost centre.

Leaders discussed the challenge of bridging the communication gap between marketing functions and executive leadership, emphasising the need for metrics that clearly demonstrate marketing’s contribution to the company’s targets including CAGR in high growth firms whilst demonstrating bottom line savings through efficiencies and top line growth was important for corporate environments.

Key strategies:
Develop impactful KPIs and tailor communications to the C-suite’s interests. A regular reporting cadence and clear articulation of the value of marketing efforts, from short-term demand generation to long-term brand building, are crucial. Establishing Revenue Operations (RevOps) fosters cross-functional collaboration and alignment on common goals so that everyone is working towards the same goals and outcomes.

AI Usage and Activation:

The potential of AI to enhance efficiency and engagement in marketing is significant, yet its adoption is inconsistent across industries.

Discussion highlighted that while many are optimistic about AI’s potential, there is a clear need for a framework to systematically integrate and leverage these technologies effectively. Some organisations did not allow or limited use of AI which has held back the marketing teams abilities to realise operational efficiencies and test and learn to understand where effectiveness improvements can support greater engagement across the buyer journey and within the existing client base. Other organisations were unclear where AI would add value and the risk of distraction rather than AI adding value was an issue.

Key strategies: 
Effectively use existing AI tools, develop clear use cases, and implement the Bright AI Activation Framework for a structured test-and-learn approach. Foster an innovative and agile organisational culture to support technological shifts.

Internal friction and the impact on marketing effectiveness:

Interfacing agile marketing teams with non-agile departments often creates friction, with resistance from individual team members or leadership exacerbating the issue.

The leaders shared how internal friction can derail agile marketing initiatives and discussed strategies for overcoming resistance to change.

Key strategies: 
Showcase agile marketing’s business value, facilitate change enablement communications, and provide leadership training to agree how agile principles will be activated within the organisation. Foster a collaborative culture to reduce collaboration drag and amplify marketing effectiveness. A book recommendation to read on this topic is The Goal by Eliyahu M Goldratt written in a fast-paced thriller style which outlines the theory of constraint.

Harnessing new generation talent:

Integrating Generation Z into the workforce presents unique challenges due to their different expectations about career progression and workplace dynamics. This generation’s digital prowess and innovative potential are immense, but their career expectations can clash with traditional progression paths.

Key strategies: 
Set realistic career expectations, provide continuous feedback, create opportunities for quick wins, cultivate a learning environment, adapt retention strategies, and harness their digital skills for organisational benefit.

Strategic outlook:

The discussions not only illuminated the shared challenges among B2B marketing leaders but also showcased diverse and effective strategies for addressing these challenges. Bright continues to stand as the preferred partner in navigating these complex landscapes, offering strategic support and agile marketing solutions that drive successful outcomes.

Our next marketing leaders’ dinner this Autumn, will focus on “Effective AI Activation in B2B Marketing,” to understand and explore the practical application of AI technologies, by invitation only, request a place on the waiting list here 

Alaina RobertsEvolving strategies for marketing leadership: Insights from the Bright B2B leaders dinner
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How to boost the effectiveness of your marketing function – Reading list

How to boost the effectiveness of your marketing function  – Reading list

Welcome to a curated collection of inspiring and insightful reads and podcasts to help you boost the effectiveness of the marketing function within your organisation.

Books:

Measure What Matters by John Doerr 


Cannes Award Winners

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How to boost the effectiveness of your marketing function

How to boost the effectiveness of your marketing function

Senior marketing leaders – Supercharge your marketing department with the game-changing strategies that can unleash hidden opportunities and eradicate inefficiency.

Watch on-demand to gain expert advice on:

  • What you gain with a more effective marketing function
  • The top 3 most important factors to transform your marketing function effectiveness
  • The proven tools to help you on your journey – including one we’ll give you for free!
  • How to get started

This is NOT your average marketing webinar. This is your chance to take your marketing from good to legendary in 2024!

Speaker: Lydia Kirby, Marketing Transformation Director and ICAgile Certified trainer


Download: Marketing Effectiveness Reframe Cards

Reframe Cards enable you and your team to have a different kind of conversation, re-think strategies or tactics and highlight learnings that you can take forward to optimise and generate better outcomes.

These Reframe Cards are focused on having conversations to help improve your marketing effectiveness, and empower your team to challenge their thinking. By changing their frame of mind to continually learn and grow, you can yield real business results and make a positive impact on your businesses bottom line.


Reading list

We’ve curated collection of inspiring and insightful reads and podcasts to help you boost the effectiveness of the marketing function within your organisation.

Access the reading list

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Optimising B2B brand marketing with the Balanced Scorecard

Optimising B2B brand marketing with the Balanced Scorecard

Much debate continues in the B2B world around the value of brand marketing. While some organisations believe you should invest in it, the results are more challenging to quantify than demand generation campaigns, which deliver leads for products and services.  

According to a study by BCG*, 99% of B2B marketers agree that trust in their brand is essential. Yet of the companies studied, 44% allocate less than a third of their budget to brand marketing. Reasons for low investment include key stakeholders not seeing the impact and the inability to measure the value. 

*Source: 2021 BCG B2B Brand Marketing Study  

However, in the same study, when companies were segmented based on their marketing and brand maturity, a correlation was found that indicates that increased marketing maturity leads to higher returns on brand marketing spend.  

The bottom line is that B2B companies that underinvest in brand marketing or invest without a strategic plan are selling themselves short. 

This leads us to the question of how can they develop their marketing maturity? 

The main challenge the organisations face is looking at marketing spending from a long-term perspective. Creating a long-lasting impact in people’s minds is beyond logos and taglines; it’s about regular conversations with them, building trust and then delivering on their promise.   

Brand marketing involves crafting a cohesive brand identity and messaging strategy to promote the brand through various channels like advertising, content marketing, and public relations. However, for the ecosystem to function effectively, brand marketing must be complemented by high-quality products/services and employee satisfaction. These elements contribute to positive brand experiences, fostering customer loyalty and advocacy. This holistic approach strengthens the brand’s reputation, enhances customer trust, and ultimately drives business success. 

Regardless of the budget allocated, many organisations still grapple with prioritising short-term or incomplete metrics, leading to uncertainty about the true impact of their marketing efforts. As a result, they may question the effectiveness of their strategies or allocate resources ineffectively, hindering their ability to achieve desired outcomes. 

To solve this, we recommend organisations look at the Balanced Scorecard. It provides a useful tool for translating strategy into measures to communicate a company’s vision. Harvard Business Ideas voted it the most influential idea ever presented. 

The Balanced Scorecard.

Developed by Dr. Robert Kaplan of Harvard University and Dr. David Norton, the Balanced Scorecard revolutionised organisational performance measurement. Traditionally, companies focused solely on short-term financial metrics, but the Balanced Scorecard introduced non-financial strategic measures for a more holistic view. Kaplan and Norton’s approach, detailed in various publications, emphasises the importance of balancing financial indicators with measures of long-term success. They argue that while financial metrics reflect past performance, a comprehensive approach is needed to guide future value creation in the information age, prioritising investments in customers, suppliers, employees, processes, technology, and innovation. 

It starts with four perspectives, i.e. financial, customer-centric, internal processes, and organisational capacity. It asks the organisations to define their goals across these aspects, plan a strategy to achieve them, and then determine the metrics to measure the success.  

If your company also focuses on or values another perspective, it must be included in the scorecard.  

It sounds simple and intuitive. However, the most critical aspect is establishing a relationship among all these. For example, you need to invest in your internal processes to deliver a quality product or service to your customers and enable you to achieve financial performance. This allows you to define your goals and plan your actions according to them, and then it’s essential to pick the metrics based on these goals and actions.  

Let’s take an example of Company A and see how it can use the Balanced Scorecard to achieve its goals: 

These metrics provide a comprehensive view of the SaaS provider’s performance. A strong financial performance, driven by ARR growth and healthy CLV, reflects effective marketing strategies in acquiring and retaining customers. Positive customer metrics, such as high NPS and CLV, demonstrate the brand’s ability to deliver value and build loyalty. 

Efficient internal processes ensure that marketing efforts are optimised for maximum impact while investing in learning and growth opportunities for employees, which fosters innovation and keeps the brand competitive. Moreover, by monitoring marketing-specific metrics, the SaaS provider can gauge the effectiveness of marketing campaigns, optimise resource allocation, and enhance brand awareness and visibility in the market. This integrated approach ensures that marketing initiatives contribute to financial success and strengthen the brand’s reputation and market position over time. 

In conclusion, as B2B companies navigate the evolving marketing landscape, embracing the Balanced Scorecard offers a strategic compass for long-term success, enabling them to build enduring brand value through consistent, trust-building conversations with their audience. 

 

Alaina RobertsOptimising B2B brand marketing with the Balanced Scorecard
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Effective and agile communication in leading organisational change – Reading list

Effective and agile communication in leading organisational change  – Reading list

Welcome to a curated collection of inspiring and insightful reads and podcasts to help you implement effective and agile communication when leading organisational change

Toolkit:

Change enablement toolkit

 

Report:

Gartner – Shaping Culture to Support Change
How culture affects behavior and performance — and how to influence it during organizational transformation

Gallagher – State of the sector report – Internal communication and employee experience 

Video:

Podcast:

Communicating change

 

Books:

Leading Change by John P Kotter

 

High-Impact Tools for Teams: 5 Tools to Align Team Members, Build Trust, and Get Results Fast

 

 

Poor Communication May Be Slowing Down Your Team- HBR

 

Coca Cola Change Management Case Study – Change Management Insight

 

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From strategy to action: Effective and agile communication in leading organisational change

From strategy to action: Effective and agile communication in leading organisational change

 

In our latest panel discussion we explore the vital role of communication in driving successful organisational change. In today’s rapidly evolving business landscape, the ability to effectively communicate strategies and engage stakeholders is paramount to achieving desired outcomes. We  delve into the intersection of strategy and action, offering practical insights and guidance on how to craft compelling messages, foster buy-in, and inspire action at all levels of the organisation. 

In this session, we cover: 

  • Linking effective change communication to business success 
  • The cost of communication failures 
  • Developing a strategic communication plan 
  • How to ensure communications land with employees and drive the change needed 
  • Measuring & showing value 
  • Examples of where communication has or is driving change 

Our panel includes:
  • Emma Sinden, Content & Communications Director, Taulia
  • Natalie Cannatella, Communications & Content Strategist, Bright 
  • Zoe Merchant, Managing Director, Bright

Meet the speakers

Emma Sinden

Content & Communications Director, Taulia 

Emma is a seasoned communications expert with a track record of collaborating with global leaders like Salesforce, Boston Consulting Group, Oracle, and Infosys. Now serving as Director of Content and Communications at Taulia (Part of SAP), she leverages her expertise in change management, communications, and marketing to deliver impactful programmes for clients, employees, and the business. 

Natalie Cannatella

Communications & Content Strategist, Bright 

Natalie is an experienced Content and Communications strategist from Bright. Shes delivered change communications programmes for global organisations including Jacobs, the Financial Times, Informa, Boston Consulting Group and BAE Systems. Natalie uses her blend of comms and content experience to craft effective strategies and clear, impactful communications that drive business change. 

Zoë Merchant

Managing Director, Bright

Zoë is an agile marketing aficionado — a passionate believer in staying ahead of the competition with resilience, adaptability, and pace. After 20 years of delivering B2B marketing strategies. Using agile marketing to test, learn and build on success. Zoë leads the team in delivering results through continual and focused improvements to support clients’ business goals.

Alaina RobertsFrom strategy to action: Effective and agile communication in leading organisational change
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Marketing effectiveness reframe cards

Marketing effectiveness reframe cards

Download your cards to reframe conversations and spark fresh perspectives. 

Reframe Cards are an easy-to-use tool intended to stimulate conversations within teams, encouraging them to reconsider strategies and tactics by prompting thought-provoking discussions.

These cards aim to foster transparency and collaboration by prompting team members to share their thoughts and ideas openly. They can be used in various settings such as team meetings, workshops, or planning sessions to focus on goal-oriented actions and results.

The cards are designed to infuse creativity and agile thinking into team communication, aiming to drive discussions towards actionable solutions. Specifically, the Marketing Effectiveness edition of these cards targets marketing teams, aiming to enhance their strategic capabilities and improve results.

Download the Marketing Effectiveness Reframe Cards

Ready to reframe your mindset and your conversations? Download your Reframe Cards today! 

Interested in improving the impact of your marketing?

Check our on-demand webinar on ‘How to maximise your marketing effectiveness’, our panel of B2B marketing experts address some of these key challenges, and share insights and practical solutions to address these issues – we’ll cover people, process, data and tech.

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Streamlining B2B Marketing Effectiveness: A guide for senior marketers

Streamlining B2B Marketing Effectiveness: A guide for senior marketers

In the fast-paced world of B2B marketing, staying ahead means being agile and focused. At Bright, we understand the challenges you face, from making the most of your martech & data to managing resources wisely. Our approach is about being smart with your strategy, how your teams work and making the most of your resources, ensuring you’re always driving towards measurable success.

For senior marketers navigating the complex terrain of B2B marketing, understanding the delicate balance between strategic alignment, collaboration, and customer lifecycle management is pivotal. The long sales cycles, high customer lifetime values, and the cumulative impact of brand investments necessitate a thoughtful approach to marketing strategy.

We’ve put together this guide as your roadmap to a more effective marketing strategy, crafted with agile marketing at its core.

Considerations before you start

Before diving into the actionable steps, it’s crucial to address the foundational elements that underpin marketing effectiveness in the B2B landscape:

Strategic alignment: Ensuring marketing strategies are directly linked to business goals is key (and obvious!). This alignment drives more focused and impactful marketing efforts but it’s easy for marketing teams to get bogged down in BAU so take a look at where your team is focusing it’s efforts.

Collaboration across revenue-generating functions: Marketing, sales, alliances and customer success teams must work in harmony, leveraging each other’s insights and collective KPIs and strategies to drive growth. Start with sales – this is a key stakeholder for making sure your marketing really achieves it’s potential.

Balancing Marketing priorities: Given B2B’s inherent long sales cycles and the significant value of customer relationships, it’s essential to appropriately distribute focus across acquisition, retention, and expansion.

Brand investment: Investing in your brand is vital for long-term success. However, may be hard to convince your CFO or CRO who is looking at much shorter time horizons in most cases. Investments bolster not just your market position, but they will improve the effectiveness of your demand generation activity. You’ll need to find measures (such as increased Lifetime value/ARR/Retention) that show impact on sales cycle, conversion rate etc over time so key stakeholders feel confident and can see how brand supports both immediate and future revenue streams.

With these considerations in mind, let’s explore practical steps to enhance your marketing effectiveness, starting with quick wins and evolving into comprehensive, long-term strategies.

Enhancing Marketing Effectiveness: Practical steps

Quick Wins for immediate impact

Refine your personas and messaging: Quickly audit your personas and make and adjust your messaging to ensure it’s resonating with your target audience. Clear, compelling messaging can significantly boost engagement and conversions

Optimise digital assets: Review your website and social media profiles for quick improvements. Simple updates can enhance user experience and SEO, driving more traffic and engagement

Reuse, repurpose and shatter content: Review and reuse your content – shatter into new derivatives and reuse across channels.

Leverage data insights: Use existing data to gain quick insights into customer behaviour and preferences, allowing for immediate adjustments to campaigns and strategies.

Strategic Initiatives for sustained growth

Develop agile marketing toolkits and playbooks: Create guides and resources based on successful strategies and tactics. These toolkits should be agile, allowing for quick adaptation as market conditions change. Consider how AI tools could help you here – creating or using marketing or persona based GPTs.

Invest in customer journey mapping: Deeply understand the paths your customers take. This investment helps in tailoring your marketing efforts for better acquisition, retention, and expansion outcomes.

Strengthen cross-functional collaboration: Establish regular touchpoints between marketing, sales, and customer success teams. Shared goals and insights lead to more effective and cohesive strategies. Consider how RevOps principals could help bring alignment and accelerate success.

Measure and adapt brand strategies: Continuously evaluate the impact of your brand investment, balancing short-term gains with long-term objectives. This approach ensures your brand remains a powerful asset in achieving business goals and amplifies your demand generation efforts.

It’s an infinite game

For senior B2B marketers, the path to enhanced marketing effectiveness is multi-faceted, requiring a balance of strategic foresight, agile execution, and continuous adaptation. Backed up with a growth culture and a focus on test and learn to enable innovation to flourish and support your goals. By focusing on both quick wins and strategic, long-term initiatives, you can ensure your marketing efforts contribute significantly to your business’s growth and success.

To further explore strategic alignment, collaborative strategies, or agile marketing methodologies, contact the Bright team for more in-depth guidance and support.

 

 

Alaina RobertsStreamlining B2B Marketing Effectiveness: A guide for senior marketers
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Maximising marketing effectiveness – Reading list

Maximising marketing effectiveness – Reading list

Welcome to a curated collection of inspiring and insightful reads and podcasts to help you maximise your marketing effectiveness.

Report:


The language of effectiveness by Kantar  –
Report which tracks how the marketing effectiveness landscape has changed and explores narratives around effectiveness

Video:

Meet the marketing genius behind Steven Bartlett –  This video highlights the importance testing and iteration ideas that helped take the Diary of a CEO Podcast from 5 thousand followers to 4 million.

Podcast:

WARC – Effectiveness is as important as efficiency – In this first episode of WARC’s Marketing Truths series, Ann Marie Kerwin, Americas Editor, and Mike Menkes, SVP, Analytic Partners, discuss how organisations can measure and prove how and where their marketing works.

Book:

Design Thinking and Innovation Metrics Powerful Tools to Manage Creativity, OKRs, Product, and Business Success. This book shares a simple and straightforward playbook to manage and measure innovation, how to use design thinking and how leaders manage Explore and Exploit portfolios to create impact.

Articles:

There’s one true measure of marketing effectiveness: Marketing(t) – Mark Ritson discusses the importance of thinking about long term effectiveness of marketing.

From efficiency to efficacy: 2024’s B2B marketing revolution – 2024 calls for a deeper analysis of marketing initiatives, focusing on outcomes and finding the 200% better idea.

Dive into these resources to learn and feel inspired to enhance the impact of your marketing, empower your team and drive more value. Each recommendation is carefully chosen to enhance your understanding and inspire insightful discussions.

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