10 Tips for Choosing a B2B Trade Show Sponsorship
If you’re a business-to-business (B2B) marketer, sponsoring your industry's trade show can deliver high visibility for your brand. But trade show sponsorship can be a big investment. Sponsorship packages for some national shows are topping six figures and even smaller sponsorship options can be costly. Before you spend valuable marketing dollars on a trade show sponsorship, here are 10 guidelines for choosing sponsorships that are worth the marketing investment.
Top 10 Tips for a Successful B2B Marketing Strategy
Are you marketing to business decision-makers? Here are my top 10 recommendations for developing a smart business-to-business (B2B) marketing strategy, based on the tried-and-true principles of B2B marketing and my experience as a marketing strategy consultant.
4 Lessons Big Direct Marketers Can Learn from Small Mailers
The marketing budget for a local, service-based business is a tiny fraction of what a global company spends on marketing. Yet small marketers with limited resources sometimes outshine the big guys when it comes to marketing effectiveness, especially in direct mail.Here’s how a regional painting business in Cleveland, Ohio nailed a prospect direct mail campaign with a simple postcard, while Dell, a huge business-to-business marketer, committed several cardinal sins of direct marketing in a B2B direct mail promotion -- plus four lessons for your smart marketing strategy.
New Sales Rep, Key Account: Top 10 Tips for B2B Success
Smart business-to-business (B2B) marketers work hard to create and keep great relationships with their clients.In my last post, I shared the story of how a new B2B sales rep nearly destroyed a 10-year client relationship with my marketing agency by making six crucial mistakes in the first meeting.But transitioning a legacy client to a new sales rep doesn’t have to be a sales minefield. When handled well, assigning a new rep to a key account can be an opportunity to increase the client’s satisfaction and boost sales.Here are 10 things a new sales rep can do to ensure a smooth transition and earn a long-time client’s trust.
How NOT to Make a First Sales Call on a Long-Time Client
In business-to-business (B2B) marketing, the sales representative’s relationship with the customer drives sales and referrals.But when a trusted rep moves on and a new one is assigned to a long-time client, there’s potential for big trouble if the transition is handled poorly.Case in point: I recently met with a new sales rep from a company I’ve done business with for more than a decade. In less than 20 minutes, he managed to break six cardinal rules of effective customer relationship management and came very close to jeopardizing a long-term business partnership.Here’s where this salesperson went wrong and what can you learn from his mistakes for your smart marketing strategy.
40 Questions for a Smarter Marketing Strategy
Are you getting a good return on your investment in marketing? Could it be better?One way to find out is to conduct a top-to-bottom review of your entire marketing plan to determine what’s working and what isn’t.This process is sometimes called a marketing audit. I’m often asked to guide audits as an independent marketing consultant and I recently shared advice on how to do an audit effectively.What specific factors should you assess in a marketing audit? Here are 40 questions I recommend for evaluating the effectiveness of your marketing and developing a smarter marketing strategy.
The 7 Most Important Things to Do with a Sales Lead
Business-to-business (B2B) marketers often use such tactics as direct marketing, e-marketing, advertising, trade shows, and web marketing to generate sales leads.But a smart lead generation marketing strategy goes well beyond the creation of the marketing campaign.If your goal is to build a relationship with a business prospect, increase your sales conversion rate, and maximize the value of your sales resources, you need a careful plan for what happens after the lead comes in.Here are the seven steps you should take with a marketing-generated sales lead to achieve success.
What Makes Bad Advertising So Bad? It’s Not Believable
When an advertising campaign is so bad it makes you groan out loud, there’s usually a simple reason: It’s not believable.The worst offenders are campaigns that attempt to portray real-life situations. The dialogue often is so forced or the setup so phony that your only reaction is to roll your eyes and think, “Yeah, right.”But lack of believability in advertising is more than annoying. It’s a waste of the marketer’s money.Here are two ways to achieve believability in your advertising and two examples of smart marketers, including one in Northeast Ohio, who are doing it right.
21 Tips for Power Networking: When the Product is You
If you break into a cold sweat at the thought of walking into a business networking event as a complete stranger, you’re not alone.Networking is essential to building and growing a business, especially for business-to-business (B2B) marketers who participate in professional associations and trade shows.But it takes skill and experience to feel confident in a networking situation, and it takes careful planning to capitalize on the value of networking for lead generation.Here’s what I’ve learned about personal marketing and successful networking at B2B events, and 21 tips you can use to make networking a powerful component of your smart marketing strategy.
Want Better Marketing Results? Audit Your Marketing Strategy
What’s the best way to maximize the return on your marketing investment? Take a step back from your day-to-day marketing projects and conduct a marketing audit.A marketing audit is a top-to-bottom assessment of your entire marketing program, from branding to tactics. The beginning of a new year or the start of a new budget period is an ideal time to do it.How do you conduct a marketing audit? And how can an audit help you develop a smart marketing strategy? Here are some answers.
Landing the Big One: 10 Tips for Selling to Large Companies
Do you market products and services to businesses? If large companies are your target market, it can be tough to break in as a new supplier. Here are 10 tips for a smart sales and marketing strategy that can help you land a big client.
7 Things Every Marketer Should Know About Their Best Customers
Are you hard at work on next year’s marketing strategy? If so, there’s a critical first step you should take for a more effective marketing plan: A thorough assessment of your best customers. If your company is like most, you have a core group of customers that drive a large percentage of your sales. Here are seven things you should know about your best customers in order to develop a smart marketing strategy.
Secrets of the Mailroom Trash Can: 3 Lessons for B2B Marketing
There’s a giant trash can in the mailroom of my office building in Cleveland, Ohio. Every day, it fills up with discarded business mail. Sometimes I peek in the can to see what my fellow tenants have thrown out, and it’s quite revealing. Here’s what I’ve observed as a casual mailroom trash inspector, and three valuable lessons from this experience for business-to-business marketers who want to develop a smart marketing strategy.
B2B Sales Communication: 5 Tips for 1-to-1 Success
Call it contact management, lead follow-up, or just good salesmanship: One-to-one communication from sales representatives to prospects is vital to a smart business-to-business marketing strategy. But how do you do it well? Here are five tips for creating a one-to-one sales communication plan that engages prospects in a dynamic sales dialogue with your company and converts leads to sales.