June 19, 2013

9 attributes of the best idea marketing content

Some time back, I blogged about the attributes of a thought leader. Lately, I’ve been talking to B2B marketers about the content delivered by these thought leaders and asking, What defines good thought leadership content? Here’s what I have so far. Surely, you have a suggestion that will get us to ten attributes?

  1. Visionary. It’s best to address a problem before customers realize that it’s a problem.
  2. Provocative. The best thought leadership pieces are bold and attack conventional wisdom.
  3. Differentiated. No “me too” ideas allowed. The ideas should be new (to the target audience, anyway) or offer a unique angle on a familiar subject.
  4. Relevant. Defines a problem or issue that is important to the target audience.
  5. Timely. Being first to interpret the impact of a new regulatory requirement, for example, reduces the chances of being perceived as “me too” thinking.
  6. Has a narrative. Great ideas are better when they are presented in the context of a story with a beginning, middle, and end.
  7. Demonstrates mastery. The ideas should be presented against a backdrop of deep contextual understanding and experience.
  8. Can be delivered on. There’s little point in doing thought leadership if it’s something that the company can’t follow through on.
  9. Backed up by proof. Thought leadership is little more than an interesting opinion unless it is backed up with data and case studies.

What else would you add to this list?

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Is Twitter “social?”

Majority opinion seems to be that Twitter isn’t really a social platform it’s a broadcast medium. A study by Yahoo Research found that 50% of tweets are generated by an “elite” group of 20k users and that those users tend to follow one another rather than branching out—what many refer to as the social media echo chamber.
For these reasons, pundits say that Twitter isn’t much use for reaching B2B customers. But I treasure this “eliteness,” and while older, high-level executive technology buyers are not on Twitter, the younger ones (and those that wannabe C-level executives) are. And in many years of interviewing this audience and blogging to it, they all tell me that they get online to learn, not socialize (even the older ones use online search like crazy.
Twitter isn’t for conversation, it’s for learning.
These days, my audience is B2B marketers and my goal is to help you learn. I have a search column in TweetDeck for “B2B.” I try to check it every day to see what people are sharing. 99% of the time, they’re sharing links to content—blogs, research papers, news stories, etc.—that they think is relevant. I browse through the tweets and look for things that interest me. Then I click through to see if the content is something that I think B2B marketers might learn from. If it is, I re-tweet it or rewrite the tweet if I think there’s a better point to be made about the content than what the original tweeter said.
If I disagree with the content I’ll say so and ask others what they think. Rarely do I see people who believe that the tweet alone is content to be learned from (except those annoying people who think quotes from famous people are worth tweeting). So I treat Twitter like a reporter rather than a cocktail party host.
Learning is social, isn’t it?
The best truly “social” interactions I see on Twitter are organized chats. I’ve been both a featured “guest star” and an attendee and I always learn something. But again, chats as I’ve experienced them have always been about sharing and learning rather than getting to know one another. What am I doing wrong? Am I wrong to believe that B2B audiences will gradually come to social media channels like Twitter to learn?
Many say that marketers are a different breed than “customers,” and what works for marketers won’t translate to the B2B world in general. I don’t think they’re so different. Sure, marketers like to participate in social media more, but that’s because they are the ones charged with making social media happen in their organizations. But just like their audiences, marketers are smart, educated people who like to learn. But I’m left wondering, is sharing content being social?

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The 2 questions on every buyer’s mind

At any moment in time, C-level executives are looking for answers to two questions:

What should I be doing right now?

What should I be preparing to do in the future?

We need to create a mix of these two types of thought leadership content to maintain strong relationships with their target audiences. Here’s why: Marketers who do this are more successful. In ITSMA’s Thought Leadership Survey, marketers with formal thought leadership processes segment their ideas this way 95% of the time. And those marketers tell us that they are much more satisfied with the quality of the ideas from their SMEs than marketers who have ad hoc processes for thought leadership development and dissemination. Among those who parse ideas, most split the pie in half between two types of ideas:

  • Aspirational. These are the ideas that prompt buyers to think about change. Assuming that you’ve done the necessary research to understand your target audience, that change can be on a personal, organizational, or industry level. These ideas aren’t necessarily about predicting the future or painting a picture of how it will look. Often, they focus on a catalyst for change that may not be obvious. Consultant Fred Reichheld didn’t invent the concept of customer loyalty, but by identifying the marker for it, he changed how many companies approach managing customer loyalty. These kinds of ideas are generally most useful at the Epiphany Stage of the buying process, when buyers are casting about for ideas but haven’t formulated any specific plans.
  • Practical. If these ideas were offered up at a newspaper’s editorial meeting, they’d go in the news hole. They identify a current trend, say a regulatory change, and offer perspective on what the trend means and how companies should react. An excellent, though controversial, example of this is the McKinsey article I wrote about a few weeks ago, about how US health care reform will affect employee benefits. Another great aspect of that piece is that when you click through to the article, you’ll see an aspirational piece positioned next to it entitled “Redesigning Employee Benefits,” which advocates taking a product development approach to the employee benefits process. Practical ideas tend to be more useful to buyers who are in the later stages of the buying process, when they have a more concrete idea of what they want to do but are looking for insight into how to do it.

What’s unspoken here is that you need to develop thought leadership that is appropriate to each stage of the buying process so that buyers (and salespeople) can get the right information at the right time. For example, buyers who are in the Epiphany Stage are looking for new ideas and industry news, while buyers who are actively getting ready to buy and are creating a short list of providers will be looking for case studies that profile how their peers have generated business results. Marketing and sales must agree on the alignment of content to the various buying stages so that sales will get the right signals about when and how to approach customers for a sale. For example, IBM creates specific versions of its thought leadership materials for salespeople to use during their discussions with customers.

Do you segment your thought leadership content?

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