Marketing Effectiveness

Many B2B companies have yet to embrace digital with quite the same zealous that the B2B industry has. But this seems like a waste. Since there are many opportunities for B2B brands that do harness the digital space, to grow and to drive demand. However, those who do put the power of digital to use are often unable, or unsure how, to quantify the success or the value of the investment.

Digital audit

Digital marketing is vast and ever changing, so, for companies without a mass of resources, keeping up with its evolution can be difficult. It can be a challenge to simply identify the right channels in which you should be involved.

The digital audit is there to assess the health of the business’ current online strategy. It provides you with a quick overview of what you are doing currently, and what the next steps might be to improve your digital presence.

Benchmarking your activity against that of your competitors, using enterprise level analytics tools and against our experience of your market as a whole.

Public Relations (PR) or media outreach has historically been viewed as an important, yet distinct, part of the marketing mix. In the past PR agencies often worked quite independently from marketing, devising their own campaigns, usually with one eye on the overall marketing strategy (although not always!). However, the arrival of the Internet changed both the media landscape and traditional ways of working. PR is now much more integrated and at Bright Innovation we see it as an intrinsic part of what we do.

A shared goal but a different approach

While PR, marketing and advertising all share the same end goals of building brand awareness, increasing demand and attracting the right talent – the way each element approaches this is quite different.

The value of PR is high because it is what is termed ‘earned media’. This means that the exposure has to be ‘earned’ through strong, relevant and compelling content rather than bought (like advertising where you are essentially paying to be able to say what you like). The flip side to this however is it is much harder to make a direct correlation between a positive piece of coverage, an increase in demand or in good people applying for a role in your organisation.

Social Media: a must for PR practitioners

The value of PR is high because it is what is termed ‘earned media’. This means that the exposure has to be ‘earned’ through strong, relevant and compelling content rather than bought (like advertising where you are essentially paying to be able to say what you like). The flip side to this however is it is much harder to make a direct correlation between a positive piece of coverage, an increase in demand or in good people applying for a role in your organisation.

Today, it is increasingly rare for a PR campaign not to involve at least some element of social media. Having said that it is surprising how many businesses still fail to understand its importance.

If the Queen and President Obama are on Twitter, it’s a pretty safe bet that the CEO of the company you really want to get in front of is too. And in the unlikely event that he/she is not on Twitter, they almost definitely will be on LinkedIn. By failing to consider how to build social into a PR and marketing strategy, businesses may be missing out on the opportunity to directly connect with key business people.

In my experience people working in B2B technology tend to view PR in one of three ways:

1. We are a fascinating company that does something totally unique and everyone will want to hear about us and our new products (especially FT journalists)
2. We have nothing to say and can’t think of any reason why anyone would want to hear about us (unless maybe we do a major deal with Tesco or appoint Bill Gates as our Chairman)
3. What’s PR?

The reality is that PR can be an incredibly effective way of getting your message across if you are both ambitious (every company has something interesting to say, we just need to work out what it is), pragmatic (it probably isn’t the launch of Widget 3.2.6) and you don’t compromise on the quality of what you produce. The most interesting content will be useless if badly written and you would be surprised what you can do with something quite mundane with good imagery and some smart statistics.

What results can you expect from PR?

To give an idea of the kind of results a successful PR campaign can achieve, as part of our work with Red Badger, Bright Innovation recently ran a campaign to promote the launch of Fortnum & Mason’s brand new, fully responsive eCommerce site, designed and developed by Red Badger.

Bright Innovation produced a range of content that appealed to different audiences across key industry sectors including tailored press releases and award entries:

• To ensure that the content was as compelling as possible, data and imagery from the new site and real customer feedback were used to demonstrate tangible results.
• Content was also drip fed across social channels and made to work harder by turning it into direct mail campaigns and a series of more technical blogs were produced for the Red Badger website.

The results included coverage in 10 key titles, including a blog style critique of the new Fortnum site on Econsultancy that had a direct impact on new business leads who approached Red Badger after reading it. The award entry drafted by Bright Innovation also led to Red Badger and Fortnum & Mason being shortlisted for Retail Week’s Technology and Ecommerce Awards in the Best Customer Experience category.

Creating a range of compelling content which was disseminated through different channels including traditional media, to an email campaign and through social networks helped to maximise the impact the campaign had on Red Badger’s target audience and led to direct new business enquiries.