Why These 3 Top Tactics Will Empower B2B Marketing in 2021
Ongoing change is the theme of 2021. This year is all about a mix of a bit of the old from 2020 and a bit of the new too. Lot of lessons learnt in 2020; this year is all about tweaking some of the traditional forms of sales and creating new ways to sustain in this dynamic market.
For any b2b sales and marketing professional and customers too, this change may have been overwhelming. But, with a lot of research and analysis one can redefine the ways of success in b2b.
Amid all these things, how does one create sustainable marketing strategies in 2021? This blog discusses some tricks and techniques that can help marketers strengthen their marketing for a more sustainable present and future.
Change is inevitable-
Even though we are already close to closing the first quarter in 2021, and the tumultuous 2020 is behind us, change continues to catch-up with us.
Changes in customer behavior, preferences, increased online purchases and transactions, video conferences, meet-ups, even change in work-mode such as remote working, and so many other changes continue to dominate the market.
Marketers need to learn to reconfigure and recalibrate their strategies according to these changes to be able to pull off new, innovative practices.
Always be prepared for change-
In spite of setbacks and major changes, some companies have done well and have responded with quick-fix solutions in terms of addressing customer challenges and also generating demand and leads.
This is the time companies should invest in research- resources and insights. It can help create a strong lean-on pillar and any change in the present and future can keep companies prepared to combat those changes.
Marketers have now become wary of complacency, taking success for granted, being too confident of customer response etc. Hence, an open-minded approach can go a long way in combating unpredictable challenges.
Companies can now start investing more in innovative practices, knowledge-backed content that can enhance online brand recall and customer relationships, as all this and more will keep you armed with versatility and agility in business solutions.
Examine customer behavior:
This is the time to monitor customer behaviors. With so many changes the behavior of customer has also changed, if not drastically, but quite significantly there has been a change in the way customers are interacting with sales people.
A thorough analysis will help marketers to know the trends well and thus craft a strategy according to changing preferences and buying styles of the customers.
Data analytics can help to chalk out new plans for the 2021 customers. Research, competitor analysis, social media metrics and other technology supported tools can help marketers customize solutions for the new customers.
Monitor competitor behavior-
Competitors are in the same situation as you are and you are not the only one who is thinking of doing something different. So apart from the research that you decide to conduct for the overall market, customer and customer journey, knowing what the competitors are doing can give a good idea of what are they up to.
Here are some quick tips to stay afloat and thrive-
- Know what their offers are to their customers
- Keep an eye on the free downloadable content assets that they are giving out to their customers
- What are the various different social media content they are putting up and also monitor the response
- Know what are the different channels they are using to reach out to their audience
All this and more will help you know what the customers in the common market are already being offered. This will help in understanding two things. One is you can assess the customer inclination and decide if you want to do the same and secondly, you can also get to reconfigure your own strategy based on what your competitors are doing.
Conclusion:
While this may be just the tip of the iceberg, the changes have already paved way to some convenient and cost effective options during this change. The need is for all cross functional teams to be aware of the changes and of the future too for better functioning and positive outcomes. Leaders too must make it point to provide information, insights and guide professionals to stay on course.