Uploaded on Feb 11, 2020
Customers are the heart of our business. In their efforts to please customers, content strategists, growth hackers, product owners, analytics masterminds, and communication specialists share one goal: amplify brand-to-consumer relationships. Marketers spend their livelihoods building complex user acquisition and engagement engines to do just this. We’ve built systems to automate processes, reach consumers across digital touch points, and personalize brand messaging at scale. As you can imagine, marketing has evolved into a specialty-driven field. PPC managers find new users through online ads. Conversion optimization specialists ensure that web traffic streams are converting into paying customers. Marketers can spend their entire careers focusing on just one part of the sales funnel. There’s one marketing concept, however, that sets the tone for all of this marketing activity -- and it’s called demand generation. What exactly does demand generation mean, and how is it different from concepts like inbound marketing?
What Is Demand Generation??
What Is Demand Generation?
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please customers, content strategists, growth hackers,
product owners, analytics masterminds, and
communication specialists share one goal: amplify brand-
to-consumer relationships.
Marketers spend their livelihoods building complex user
acquisition and engagement engines to do just
this. We’ve built systems to automate processes, reach
consumers across digital touch points, and personalize
brand messaging at scale.
As you can imagine, marketing has evolved into a
specialty-driven field. PPC managers find new users
through online ads. Conversion optimization specialists
ensure that web traffic streams are converting into paying
customers. Marketers can spend their entire careers
focusing on just one part of the sales funnel.
There’s one marketing concept, however, that sets the
tone for all of this marketing activity -- and it’s called
demand generation. What exactly does demand
generation mean, and how is it different from concepts
like inbound marketing?
What is demand
generation?
Ultimately, demand generation captures the umbrella
of marketing programs that get customers excited
about your company’s product and services. Demand
generation programs can help your organization reach
new markets, promote new product features, build
consumer buzz, generate PR, and re-engage existing
customers.
Demand generation, however, is more than just a
branding concept or early funnel marketing tactic.
Demand generation programs are touch points
throughout the conversion optimization and sales
cycles.
The goal of demand generation is to build and nurture
key prospect and customer relationships for the long
term. To do this effectively, marketers need to do
things like respond to customer questions on Twitter,
promote blog posts through Facebook, host webinars,
and run email marketing campaigns.
Demand generation is an ebook campaign, a weekly
newsletter for blog subscribers, a meet-up event, or a
company-sponsored webinar. It's not a quick fix, a
banner ad, an email blast, or a call center phone-a-
thon.
What makes demand generation a distinct concept from
other customer acquisition tactics are a commitment to
long-term customer relationships and a strategic
mindset.
What is inbound marketing's role in demand
generation?
This distinction between demand generation
and inbound marketing can be tough to readily see.
We promise you, though: There is a difference (and it
won’t make your brain do somersaults).
Simply put, inbound marketing is one type of demand
generation activity. Common demand gen tactics that
are inbound include blogs, social media, videos,
podcasts, newsletters, and ebooks -- content-driven
resources that establish your company as a thought
leader, influencer, and information hub in your industry.
Inbound marketing focuses on creating quality
content that pulls people towards your company. By
aligning your content and messaging with your
customers’ interests, you naturally attract audiences,
connect with stakeholders, and build a culture around
your brand.
Over time, a high proportion of this inbound traffic will
convert into paying customers. In fact, inbound leads
are 5x more likely to become customers than
outbound leads. In addition to closing deals, you
delight customers and build lasting, long-term
relationships with your community.
Demand generation is the marketing system and
engine that bridges the gap with your company’s sales
and revenue operations. It may include multiple touch
points, from blogging, to email list creation, to social
media promotion -- all inbound marketing tactics that
are part of a company’s overall demand generation
strategy.
What's clear is that these two concepts of demand gen
and inbound marketing certainly go hand-in-hand.
Inbound is a pivotal facet of demand gen that is needed
to secure not only a high quantity of leads, but also
high-quality leads.
Smart marketers are able to transform their PPC,
Hcown tise nsatl,e as nindv oelmvead iiln m daemrkaentdin gge nsepraetniodns? into a revenue-
generating engine in which every dollar spent
translates into much more earned. That’s why
marketing and sales activities go hand-in-hand.
Marketers guide prospects through the conversion
funnel. When prospects are ready to become
customers, sales teams can take over to navigate
logistics, build the business relationship, and get a deal
signed.
Sometimes, there is a very thin line between a
company’s sales and marketing operations. Other
times, these two groups are at odds -- for instance,
account executives want marketers to be more
aggressive, and marketers want their sales
counterparts to turn it down.
What data should inform a demand
generation strategy?
As you can see, demand generation is definitely a data-
driven strategy. In addition to choosing themes and
marketing channels that your leads and customers will
love, you need to make sure that you’re targeting the
right people with the most appealing offers possible.
To succeed with demand generation, your marketing
team will need a clear personalization strategy. Data,
quantitative analysis, and continuous testing will be
important to this process. As trends begin to emerge
from your marketing programs, you'll be able to
connect marketing activities to key success metrics.
Once you’re acquainted with your buyers' needs and
can anticipate marketing trends, you can fuel your
marketing programs with enhanced levels of
personalization.
Marketing automation software will help you run
A/B tests, choose the right content, and customize
timing for each of your marketing campaigns and
customer segments.
To begin with your demand gen strategy, get to know
your customers and conduct qualitative research
through user feedback and conversations. If you’re
struggling to understand your prospects' needs, pick up
the phone and ask.
The success of demand generation stems from your
ability to connect with target customers. All you need to
get started is a point of reference.
Are you effectively utilizing inbound marketing tactics
as part of your demand generation strategy?
Source -
https://blog.hubspot.com/marketing/what-is-demand-ge
neration-faqs-ht
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