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 News August 2006

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B2B Marketing by size of customer

Many companies decide on their marketing strategy without considering the differing needs of their potential clients in how they handle information.

Yet it is clear that a Small Business will have much more limited resources for processing decisions than a large one.  So how can you best adapt your strategy to your customer needs?

MarketingSherpa has recently just published a study of marketing tactics used in the USA by companies marketing technology - hardware, software and services.  I believe many of the findings are relevant to the UK.

When asked to rate various online marketing channels for effectiveness, respondents chose their top 5 preferences as follows:

Effectiveness for targeting Large organisations

1 Webinars / Teleseminars
2 Search engine optimisation
3 White paper syndication services
4 Solo emails to house lists
5 Online ads on general business sites

For Medium organisations

1 Search engine optimisation
2 Webinars / Teleseminars
3 Paid search ads (Google etc)
4 Solo emails to house lists
5 Online ads - industry specific

For Small organisations

1 Solo emails to house lists
2 Search engine optimisation
3 Offers in your email newsletter
4 Webinars / Teleseminars
5 Offers in 3rd party newsletters

Since larger organisations normally have either a formal or informal buying committee with time for someone to do some online research, the whitepaper syndication services are particularly useful as a source of expertise in many areas.  By ensuring your articles are present in the right places you increase the chance of being found and improve your credibility as an expert in the area.

Small companies may have just one person fulfilling multiple roles without the time to do much research, so active marketing by email is more important.

Overall it shows the importance of email marketing in the USA which is often overlooked on this side of the Atlantic.  The main reason for its lesser use here is that companies have spent less time actively building their email lists.  As` a result they do not have ready access to warm prospects.

Of course people react to different triggers.  So the main message is to use a range of channels and always to try to find and build up new ones.

Talk to you next month!

 

Stephen Orr

 

Web 4 Marketing (UK) Ltd, 16 The Vineyard, Richmond, Surrey TW10 6AN - Tel: 020 8948 1022

in the London Borough of Richmond upon Thames