
Digital marketing offers a cost-effective, simpler, and more efficient approach to generating leads and converting them into sales. It enables you to reach a broader audience while spending less. In today’s thriving B2B eCommerce landscape, your business can perform exceptionally well with the right marketing strategy in place.
However, if you want a successful marketing strategy, it should be organized in a documented framework. If you’re aiming to achieve meaningful results, consider following the steps outlined below.
Conducting Research on Target Audience
When promoting your B2B business, product, or service, you must keep a target audience in mind—your business customers. Study these businesses closely. Follow their Facebook pages or websites, and regularly view their social media posts to see how they engage with their customers. Also, understand their customers. This helps you to learn how these companies deal with their customers and how they approach their target audience. Such research helps you create a buyer persona for your B2B customer, which is an essential element of an effective strategy.
Keep in mind that a B2B buyer persona differs significantly from a typical B2C persona. Instead of demographics like age, race, or gender, focus on factors such as the buyer’s role in the decision-making process, their specific needs and concerns, and the company’s overall goals. Conducting surveys is one effective method for gathering this kind of valuable data. Suppose you’re a wholesaler of food and grocery items, and your target customers are grocery stores, then your research should focus on these stores. Create a buyer persona based on your typical retail grocery buyer, and use that persona to design a marketing strategy to target these grocery buyers.
Creating a buyer persona not only helps you generate leads but also allows you to segment and qualify those leads more accurately—laying the foundation for a successful B2B digital marketing strategy.
Evaluating Competition
To create an effective marketing strategy, it’s important to learn how your competitors are engaging with their customers and promoting their businesses. This includes understanding how they operate, communicate, and position themselves in the market. Study how successful wholesale food and grocery distributors, such as Schenck Foods and Value Wholesale, are operating. Visit their websites, explore social media platforms, and view their marketing campaigns.
This lets you evaluate their strengths and weaknesses. Use their strengths to improve your own approach, and identify areas where you can offer something different or better—filling the gaps they leave behind. You can design a marketing plan that sets you apart from your competitors. And you can stay ahead of your wholesale competitors.
Leveraging Omnichannel Marketing
Using multiple digital channels to reach customers is very effective in improving conversion and retention rates. McKinsey & Company, a notable global management consulting firm, found in its research that 94% of B2B buyers consider omnichannel marketing to be more effective for completing sales. The same survey explains that B2B buyers use more than ten digital channels to communicate with sellers.
You can easily promote your business through various digital channels. These digital channels include:
- Mobile Phones
- Search Engines
- Social Media Platforms
- Wholesale Marketplaces
Email marketing has been traditionally a very popular and successful method in digital marketing. It’s essential for generating leads and converting these leads into sales. First, you need to categorize your leads into different segments. Then create different marketing campaigns and content to target these leads according to their needs.
Good email marketing tools like Mailmunch and Mailchimp provide a large number of different email templates. These tools also automate your email marketing campaigns, saving you time in contacting your leads.
Mobile Phones
There are so many options to leverage your marketing by using mobile phones. You can design a B2B mCommerce mobile application or create a mobile-friendly contact. B2B marketers can benefit by using instant messaging applications like Telegram and WhatsApp. Use these platforms to create different groups with your polished leads. Share engaging content and new offerings with these groups.
Search Engines
Search engines are a great source to find information on the Internet. Whenever people want to find something, they simply visit Google and write it down. Marketing through search engines is very useful. The purpose of search engine marketing is to rank your website on top of the search results page.
There are two popular search engine marketing models: pay-per-click (PPC) and search engine optimization (SEO). PPC search engine marketing requires you to subscribe to a model. The search engine displays ads for your website and its relevant pages on top, and you pay a certain amount whenever a visitor clicks on the link displayed in the ad.
On the contrary, SEO is the organic method of ranking your website on top. It includes the usage of meta tags, title tags, keywords, and backlinks. Good SEO tools such as Ahrefs, SEMRush, and Google Analytics provide top trending keywords. You can also view your website ranking and traffic through these tools. These tools assist you in using better ways to optimize your website.
Social Media Platforms
Social media is a powerful tool for conveying messages to target leads and promoting your business effectively. According to IDC, 75% of B2B buyers believe that social media influences their buying decisions.
Popular platforms such as Facebook, Instagram, LinkedIn, and Twitter. B2B marketers gain benefits in lead generation and conversion from these tools. Popular platforms such as Facebook, Instagram, LinkedIn, and Twitter are widely used by B2B marketers to generate and convert leads. By designing strategic campaigns and allocating a small budget to boost your ads, you can expand your reach and connect with more potential customers in your target market.
Wholesale Marketplaces
Online wholesale marketplaces have experienced huge growth in the past few years. According to Digital Commerce 360, marketplaces generated cumulative sales of $56 billion in 2021. This has made marketplaces the fastest-growing digital B2B marketing channel.
The reason behind their growth is the simplicity they offer. Marketplaces streamline both marketing and operational tasks, allowing businesses to function more efficiently. Subscribing to a B2B wholesale marketplace is typically cost-effective and gives you access to valuable tools and features.
Some of the top B2B marketplaces you can explore include:
- Alibaba
- DHgate
- SeeBiz
- Global Sources
These platforms enable a large number of B2B buyers and sellers to easily connect and do business with one another.
Producing Appealing Content
Content is very important to cater to your audience. According to the Demand Gen Report, a majority of B2B buyers rely on content during their research phase, and it significantly influences their buying decisions. Content marketing should be your priority if you want to succeed in your marketing campaign. Content can take many forms such as articles, videos, webinars, and case studies.
B2B buyers are decision-makers who run businesses and engage with customers. SThey are typically more informed and knowledgeable about the industry compared to the average B2C buyer. As such, they require content that is both informative and valuable to their business. Prepare content that captivates their attention and directly appeals to their needs.
Strengthening Marketing Teams
You need to train your marketing teams properly to deliver good results. Educate them thoroughly about your business. Share and discuss your marketing framework with your teams. Different ideas can create a more effective marketing campaign.
Provide necessary tools to your marketing teams for effective communication with customers. The most important tool is a customer relationship management (CRM) system. Platforms like Salesforce and Zoho allow marketers to store and manage customer data, schedule and automate campaigns, and keep track of customer interactions.
In addition to CRM tools, good communication platforms such as Skype, Zoom, and Slack help streamline internal and external communication, ensuring smooth coordination and engagement with buyers.
Conclusion
We’ve guided you through the important steps to create a framework for your digital marketing campaign. Make sure to note down these steps in a documented format and follow the guide step by step to increase your sales and grow your business.
Featured Image by Freepik.
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