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WHAT’S WORKING IN B2B SOCIAL MEDIA
MARKETING.?
Those crafting B2B social media marketing programs should
consider employee branding, showcasing C-Suite executives and
connecting social media and Account-Based Marketing (ABM)
efforts. Those are some of the hot-ticket trends in the business of
business-to-business social media marketing, according to Carter
Hostelley, founder and CEO of Leadtail, a B2B social media
consultancy.
“When I think about B2B social today, companies are very active on
social,” Hostelley said. “And the thing I always used to say, and I
think it still holds true, is the B2B social side tends to follow by a
couple years the B2C side. … Social is discovery driven. It’s really
about moving folks from discovering a brand to having interest in
brand and then finally having intent around the brand.”
Crunching B2B Social Media Numbers
It’s not like we need convincing today B2B buyers are on social
media. But here are numbers reported by HubSpot last year. 76% of
buyers are ready to have sales conversations on social media, and
81% of buyers are more likely to engage with brands that have a
“strong, cohesive, professional social media presence."
Twitter saw 2.01% follower growth
LinkedIn saw 7.79% follower growth
Twitter saw a 1.06% engagement rate
LinkedIn saw a 3.53% engagement rate
*Total engagements/impressions = engagement rate
.
Facebook, LinkedIn, Twitter: Where to
Land?
Charles Cunningham, group account supervisor at digital
agency Sparkloft Media, said B2B companies should focus on a
two-pronged approach: Facebook/Instagram and Linkedin. The
Facebook/Instagram advertising ecosystem provides a flexible and
cost-effective platform to target consumers based on industry, job
title and seniority, along with traditional demographics. Linkedin
provides the most in-depth targeting for B2B with seniority,
specific company, job title and organization size.
Dave Nilsson, founder and director of SEO
consultancy ConvertedClick, said Twitter has been a source of
leads, and one major reason is relevancy to clients. “We share
content that is exclusively wired to digital marketing and it
immediately catches the attention of our clients,” he said. “...
Contrary to popular belief that social media marketing is better
suited for B2C companies, I think it works great for B2B
businesses, too.”
LinkedIn: the Clear Winner for B2B
Getting down to brass tracks in B2B social media marketing,
LinkedIn is a clear winner, according to Nora Leary, growth director
at Ironpaper, a B2B marketing agency. Where many B2B companies
go wrong is posting content that is irrelevant to their target
audience, she added.
“For example, you may see overly technical posts or posts that
promote the company's ‘20 years of experience,’” Leary said. “We
see this in LinkedIn ads as well. B2B companies have the most
success when they target buyers at the correct stage in the sales
funnel.”
B2B brands in the awareness phase shouldn't promote an FAQ
about the company. The ad should go to an ebook that addresses
the buyer's pain points. “Social media can be an excellent lead
generation tool if companies take a deep dive into their buyer and
understand what content will resonate with them,” Leary said.
B2B company CallRail is also seeing continued success on
LinkedIn, while reach on Facebook dropped significantly in 2020,
according to Suchi Sajja, social media manager for CallRail. To
remedy this, the social team began automatically boosting top-
performing Facebook posts, which led to improved results in
December and January. Prior to boosting, reach consistently came
in at under 100 people per post. After boosting, teams experienced
an increase in reach to 5,000 to 7,0000 people per post.
Defining Personas Can Help Determine
Right Platform
The bigger question regarding platforms for B2B social media
marketers is what do your customers tell you. Abhi Jadhav, co-
founder and managing partner at Bay Leaf Digital, a B2B marketing
agency, said the social media platform they use for B2B paid
marketing is decided by doing a persona definition exercise. This
exercise reveals the preferences of the audience and allows them
to focus efforts on the platform where the target persona is most
likely to frequent.
“For example, if we are marketing an enterprise SaaS solution, and
the decision maker is a C-level executive, then our go-to platform is
LinkedIn,” he said. “For a SaaS that has a lower cost of ownership,
and the decision maker is a small business owner, we might prefer
to market on Quora or Facebook.”
Impact of C-Suite, Societal Issues
Of course, if B2B were as easy as picking a platform. According to
Hostelley, this also comes down to creating the right content and
being more human as a brand by bringing faces and personality to
C-Suite executives, for starters.
“One of the things I would say that's really emerged in the last 18
months on the B2B social side is executive social,” Hostelley said.
“Companies now are really starting to understand that going out
there and talking about how disruptive their technologies are but
then having that company’s C-Suite literally be nowhere to be
found on social, not even having their photo on LinkedIn. It just
really sends a different signal to the sophisticated tech buyers
now.
Why Showcasing Employees Matters
Certainly a less risky endeavor is showcasing employees on social,
according to Hostelley. Employee branding helps B2B companies
see the people behind the brand.
“It’s not just the employee of the month crap,” Hostelley said. “But
let's highlight what employees are doing in the community, let's
highlight an employee's first shot of them on their first Zoom call
with their brand new company. Let's highlight the fifth-year
anniversary. Let's highlight every Friday an employee with their
pets.”
B2B companies really struggle with this tactic sometimes because
they hide behind the corporate style guide. But Hostelley
encourages B2B brands to be more human and authentic
Invest Energies into Video
Cisco predicts that by next year 82% of all internet consumer
traffic will be through video. Videos are the perfect combination of
visual and auditory stimulation that will grab people's attention and
keep it, according to Phil Strazzulla, founder and CEO
of SelectSoftware Reviews. “It puts a face to the company so that
people know you are a person, not just a company,” Strazzulla
said. “The best marketing strategy on social media is to try to make
business-to-business more like person-to-person
Seeing Success Through ABM
Costa said an integrated multichannel strategy is crucial for a
successful B2B buyer journey that drives both brand awareness
and meets demand KPIs. Her teams have seen success leveraging
social media networks both for earned and paid placements. PROS’
ABM (Account-Based Marketing) program generated 46% of lifted
target accounts (target accounts with higher website engagement)
in 2020 through this multichannel approach.
“Using a good mix of content that serves different communication
objectives and KPIs is key to success in using social media,” she
said. “For example, we work to make sure that our editorial content
has a balance of thought leadership, educational, and culture-
related content, that is offered in a variety of formats (videos,
images, polls, etc.). Videos playing within the social networks tend
to drive high post engagement, but it’s very likely that if your
organization also has social media KPIs related to driving website
traffic, and also needs prioritizing social content that directly takes
visitors to the website.”
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