The BL[OZ]

Preparing for the age of “Social Health”

As healthcare reforms, the era of consumerism and mobile technology create the ideal climate for positive change in the medical and healthcare arena, we’re ushering in a new age – the “Social Health” era. As we transition into this new era, patient-consumers are becoming the single most important factor in the medical and healthcare eco-system; and as they research and shop online for medical services, products and insurance plans, the medical & healthcare industry increasingly resembles a retail industry. The impact of this shift on medical and healthcare providers is huge as it means they need to open up direct channels of communication with patient-consumers to understand their challenges and offer services and products with real value. Or in other words, there is a need to move from a Business-to-Business (B2B) to a Business-to-Business-to-User (B2B2U©) approach. As we enter this age of “Social Health”, brands need to recognize the need to deliver value across the full spectrum to drive leads, convert prospects to customers and keep them loyal.

It's time to attract your prospects instead of bombarding them.

Inbound marketing is a customer-centric approach that focuses on attracting customers to your business through content and interactions that are valuable, helpful, and trust-building.

It’s all about using remarkable content to develop and nurture long-term relationships with your prospects so they ultimately build trust in your brand.

In comparison, traditional marketing, which is marketer-centric, uses more interruptive methods to vie for the attention of prospects.  

	Inbound	VS.	Outbound
Definition	Inbound marketing uses customer-centric tactics to attract prospects, address their challenges and goals, and build trust in your business		Traditional marketing uses more interruptive methods to push products and services and get the attention of prospects
Communication	Based on interactive communication that engages prospects and attracts them to you		Based on one-way, outward communication
Tools/techniques	Educational content such as blogs, videos, eBooks, white papers, SEO, and case studies		Print and TV ads, banner ads, direct mail, cold calling, and mass email campaigns
Goals	Offer prospects value through educational content and earn their trust		Drive sales through product-centric marketing

 

In one of our last blogs, we spoke about how content is the fuel behind inbound marketing. The question now is where do you start and what do you focus on? Let’s start with a quick recap of the recommended process for creating content for inbound:

1. Consider the content’s purpose, format and topics.
2. Create content that builds trust amongst your prospects.
3. Get your content in front of the right people at the right time.
4. Analyze & repeat. Determine what worked and what didn’t, and repeat your successes.

In this blog we’ll focus on the first stage: Plan. But stay tuned for future posts on the whole process. In the planning stage, you’ll need to decide on the content's purpose, format, and TOPICS. And that’s where you’ll need to get your creative juices going. Because you’ll need to come up with ideas that attract potential customers and keep them coming back for more. But how do you get out of your own head and into your potential customers’ heads to find inspiration? The most obvious place to start would be by ASKING THEM. Yes, we know it sounds trivial but when was the last time you actually spoke to your end users and customers about their actual challenges? Another great source of information is your field sales team who frequently interact with your end users and customers.

Lead nurturing is the process of engaging with contacts via automated workflows to build a relationship with them. The end goal is to close more educated and qualified customers faster and to delight customers to become promoters of your brand. Because the reality is that not all leads are ready to talk to the sales team at the beginning of their interaction with your company. In fact, most aren't, and according to HubSpot, research shows that only 5-25% of visitors that come to your site are ready to close the deal. This means that in order for inbound marketing to be effective, you need to engage with your leads along every stage of the buyer's journey until they are ready to do business with you. Which is where lead nurturing comes in. As a key component of your B2B marketing strategy, lead nurturing utilizes automated email campaigns that are timely, offer valuable content, and address your prospects' specific interests to nurture them until they're sales ready. And, because the emails are automated, it saves you a lot of work by qualifying leads and pushing them through the sales funnel quicker, meaning a higher return on investment. In fact, DemandGen Report found that nurtured leads increase sales opportunities by an average of 20% versus non-nurtured leads. As you begin to develop your lead nurturing workflows, always remember these foundational principles:

• Grow and nurture relationships
• Offer educational content
• Use hyper personalization

This means you should constantly consider whether you're offering your customer value, and ensure your content isn't promotional but rather informational and educational. Also, don't forget to target and personalize your communication based on your buyer persona's questions and interests and where they are in the buyer's journey. This keeps your communication efforts relevant and consistent – which is ultimately what produces results.

Inbound marketing is a customer-centric approach that focuses on attracting customers to your business by offering valuable and informative content that speaks to theirs needs and builds trust in your business. As opposed to more traditional, marketer-centric marketing, which uses interruptive methods such as emails, cold calling, and printed ads to get the attention of prospects, inbound marketing creates positive interactions that empower prospects with the information they need to make decisions for themselves.

Why inbound marketing?

We live in an age where people are bombarded with advertising wherever they turn, and for this reason, have become increasingly skeptical of standard interruptive marketing methods. In fact, Harvard Business Review reports that 90% of B2B buyers never respond to cold-marketing. For this reason, instead of competing for consumer attention, inbound uses the fact that prospects seek out the information they need on their own terms. By developing valuable and relevant content with the expectation to be found, potential customers will come to you, become new clients, and ultimately be delighted by their experience.

How does inbound marketing work?

Inbound marketing is based on four phases: attract, convert, close, delight

ATTRACT

First, attract visitors to your website using tools such as blogging, website optimization, and, social media. Tools: blog, social media, keywords, pages

CONVERT

Once you have new visitors, you can convert some into leads by gathering their contact information, the currency of inbound marketing. To do this, it's important to offer them something valuable, usually in the form of additional information or useful content. Tools: calls-to-action, landing pages, forms, contacts

CLOSE

Once you’ve converted some visitors into leads, you need to nurture their interest by providing them with relevant information. In this stage, tools like email and CRM are helpful in selling to the right leads at the right time. Tools: email, workflows, lead scoring, CRM integrations

DELIGHT

Once you close a sale with a customer, your relationship is just beginning. At this stage, you need to continue to delight and engage them so they become happy promoters of your brand. Tools: social media, smart calls-to-action, email, workflows Analysis is critical to making inbound marketing work. Every strategy and technique you use, and content you create, should be analyzed regularly to see if it's working, and adjusted as needed to make it better.

Attracting customers with inbound marketing

Inbound marketing is a customer-centric approach that focuses on attracting customers to your business. Unlike traditional interruptive marketing that vies for attention through cold calls, purchased ads, and email blasts, inbound marketing responds to prospects’ needs and interests by offering them valuable content in the right place and at the right time. “By publishing the right content in the right place at the right time, your marketing becomes relevant and helpful to your customers, not interruptive.” - Hubspot Read more about inbound marketing here.

So how does inbound marketing work for B2B?

It’s often assumed that inbound marketing is better suited for businesses that sell directly to consumers (B2C); and, in the recent “push” to “pull” marketing shift, it appears that B2C organizations have more easily adopted this new marketing model. In contrast, B2B or B2C organizations appear to be more skeptical and adopt the new approach with more caution. The main reason for this is that a lot of B2B and B2B2C organizations are still trying to figure out how inbound marketing can work for them; and they often question whether this new approach is even applicable to business customers.

The answer is — of course — YES!

Because the truth is that it doesn’t matter what you’re selling or to whom, the majority of your prospects are usually partially through the buying cycle before they even consider talking to a salesperson. And that’s where the emphasis needs to be — ON YOUR PROSPECTS. In order for inbound marketing to work, you need to have an in-depth understanding of your value chain and your sales model. Once you have that, you can then create valuable content that attracts visitors to your business, converts them into prospects, engages them until they decide to purchase your product or service, and then delights them so they become promoters of your brand. In this manner, you can use inbound marketing to create a win-win situation where you get closer to both your distributors and your end users, and in the process, increase brand awareness to enhance end-user demand for your brand (even if you they are not buying directly from you). But here’s the thing – you need to be in it for the long haul. Inbound marketing takes time, effort, and patience. But it’s definitely worth the wait!

Inbound marketing is not just about attracting people to your business; it's about attracting the right people to your business – those who will become leads, and then customers, and ultimately happy promoters of your brand. There are tools for every stage of the inbound marketing process, and the first phase — attract — is all about getting suitable prospects in the door. This is usually done by offering valuable content and using a variety of marketing techniques to ensure that B2B buyers find your business, including blogging, SEO, and social media — but for the moment, let’s leave that for another post. Because before you start anything, in order to attract the right customers, you obviously need to know who your ideal customers actually are — right? Understanding who your customers are and what they want For the inbound customer-centric approach to work, you need to know who you're actually trying to reach. The best way to learn about your ideal customers, their interests, and their buying habits is to develop buyer personas, which are simply representations of your ideal customers. Buyer personas are based on three essential practices – research, identifying trends, and creating persona profile stories. This research and analysis allows you to uncover the mindset, goals, challenges, and motivations of your potential buyers. Once you've determined who your ideal customers are, the next step is understanding the buyer’s journey — which is the active research process your potential prospects go through before making a purchase. This journey, which is usually divided into three stages – awareness, consideration, and decision--, helps you tailor your inbound marketing and content to create meaningful interactions with your ideal customers (buyer personas) at every stage of their process (buyer's journey).

Content is what sets you apart

It’s the fuel behind inbound marketing – it carries the message your company wants to deliver to your customers at the right time and in the right place. It’s what powers a successful inbound strategy by pulling people from one stage of the inbound methodology to another and addressing their challenges and questions. It’s what attracts the right visitors to your site, converts them into leads, nurtures them, helps close them into customers, and then delights them into promoters.

If we were to tell you that the world is in the midst of another major digital revolution, would you be surprised? We wouldn’t — because technology is seriously rocking our world, and it’s creating unprecedented disruption in its wake. It’s completely changing our methods of doing business and transforming the business models of each and every industry. Soon, almost anyone will be able to invent new products cheaply and quickly. And to make things even more challenging, the new competition is selling directly to the end user. So where does that leave us? We can bury our heads in the sand and rely on existing methods that have worked until now, and hope for the best. Or, we can accept the fact that we need to adjust, challenge the status quo, and take advantage of these changes to not only survive but actually boost our businesses. But where do we start? First, it’s important to understand that the single and most important factor in this new era is the customer who actually uses your product or service. Not your product/service, or your technology, or your market — your customer! At the end of the day, your success is determined by how well you know your customers and how well you meet their needs or solve their challenges.

This means that before you do anything else, you need to identify, understand and talk to your customers.

This involves meeting customers at different points on their journey, mapping their journey and fully understanding their needs. Once you’ve done this, you can go on to define your potential buyer personas; identify how you meet their needs, motivations, pain points and challenges; create relevant offline and online content and tools to communicate with them; reallocate marketing and sales (and other) resources to match the real needs of your customers; and create collaboration between your marketing and sales (and other) teams. But first, get to know your customers! From there, the rest will follow.

We speak a lot about branding — adding value to B2B brands, building global brands, marketing in a digital world, employee branding, etc. Yes, they are all absolutely vital to business growth and success. But we often tend to speak less about or even ignore a less “sexy” component— lead generation. Most people just hear the term and get overwhelmed, which is a major problem as despite the challenges involved, lead acquisition and tracking is a crucial part of any business. And in a world where the heat is always on to win (or maintain) market share and stay ahead of the competition, traditional methods are no longer enough. More of the same just doesn’t cut it anymore and creativity is key! In the case of Amiad Water Systems, a world leader in water treatment and filtration solutions, the marketing team decided to try something different to support and improve the sales process. This came after the company successfully underwent rebranding; and with a solid foundation in place, it was time to get the word out and translate all the efforts into revenue. After getting the go ahead from the sales team and researching potential buyer personas, the team created Amiad FilterIT — a digital tool (app) to help end users understand which of the company’s solutions best suited their needs. The idea was simple. The user would sign up and download the app, add the criteria, and receive information on the products that met these criteria. In addition to helping the end user and collecting highly-qualified leads, the Amiad FilterIT app could also be used to promote new and innovative products, push notifications to customers, track data and optimize products and services based on user behavior and needs. Once the app was implemented in one specific market, Amiad used a digital campaign to promote it and as a result, the sales team received hundreds of qualified leads that could then be nurtured through direct communication. Based on this success, Amiad is currently in the process of implementing the app in additional markets globally.

We’ve all heard the term Inbound marketing thrown around a lot lately. It’s become the latest catchphrase in a field that’s already packed with catchphrases. But what does it actually mean and can it help B2B businesses grow?

What is Inbound marketing?

Inbound marketing is the process of attracting potential customers and getting them to reach out to you. This is different to more traditional marketing (also known as push marketing or outbound marketing) where you actively reach out to potential customers through methods such as cold-calling, printed magazines, and traditional advertising. But how do you attract potential customers and get them to trust you before you’ve even pitched them your product? The answer lies in content —the foundation of the Inbound methodology. By creating carefully curated content, you’ll establish yourself as a trusted source of knowledge and attract the ideal visitors to your site, convert them into leads and then customers, and keep them engaged so they go on to promote your brand.  “By publishing the right content in the right place at the right time, your marketing becomes relevant and helpful to your customers, not interruptive.” - Hubspot

Inbound marketing in a nutshell

Inbound marketing is filled with complexities, but the following four steps (based on the Hubspot Inbound methodology) summarize the main Inbound stages:

1. Attract. Before you do anything, you need to fully research and understand who your ideal customers or buyer personas are. Once you have identified them, you can get them to come to you.
2. Find creative ways to “convert” these potential customers into leads by offering them something valuable in return.
3. Turn your leads into customers.
4. Continue to engage with your customers so they become promoters of your brand.

Inbound marketing in B2B

At this stage, you may be wondering whether Inbound marketing works in the world of B2B. The answer is a big loud “Yes!” In fact, Inbound marketing creates a win-win situation for you where you can get closer to your direct customers and distributors, and also increase brand awareness amongst end users to enhance end-user demand for your brand (even if you they are not buying directly from you). Read how Elcam used digital marketing to increase brand awareness>>

Combining Inbound and offline marketing

We’d like to emphasize that Inbound marketing does not replace the need for interpersonal interaction with your customers – especially in B2B industries where the customer model tends to be more complex and is often based on long-term relationships. The goal is to find the right communication mix for your specific B2B business needs, market and customers. By promoting your brand through a digital dialog and an inter-personal dialog, you can achieve a more effective and efficient sales and marketing process for better business results. For example, you can combine a compelling digital campaign to encourage potential customers to visit you at a trade show, and then meet them at the event to continue a direct dialogue with them. Look out for our next blog post on the need for face-to-face communication with your customers and creative ways to combine digital and interpersonal communication (coming soon).

Inbound marketing – here to stay?

Another big loud “Yes!” It’s quite simple - as more and more potential buyers turn to the Internet for answers to their challenges, they look to buy from suppliers who instill trust by answering their questions and offering solutions to their problems. This means that in order to stay relevant in the marketplace, you have to be present where your potential buyers are looking for answers - online. And that’s why everyone is fussing over Inbound marketing.

There is no greater satisfaction than watching our customers successfully launch groundbreaking and transformative products that take the market by storm — especially when we played a role in branding them! Which is why we’re so psyched by the extensive media coverage and enthusiasm surrounding the recent release of Mazor X —a transformative guidance platform for spine surgeries developed by Mazor Robotics. According to Ori Hadomi, Chief Executive Officer of Mazor Robotics in a quote for Yahoo Finance: "The Mazor X system is the culmination of a multi-year development effort by our team of robotic, algorithm and imaging experts, incorporating market feedback gathered from thousands of clinical cases performed with the Mazor core technology. It exemplifies our vision of healing through innovation and our ongoing dedication to patients by expanding guidance capabilities in the spine operating room. We believe it can change the way spine surgeries are performed.” During the development of Mazor X, Oz Branding and Adlai & Partners worked with Mazor Robotics to identify key values for multiple customer segments, created a compelling brand promise for the new product — Align With Experience.

Afimilk case study: all you need is lab

When Afimilk — a pioneer and global leader of management technology for dairy farming — was preparing to launch its In-line Milk Lab internationally, the company turned to Oz for assistance in creating a combined online and offline campaign for the launch.

In today’s digital age, we tend to focus a lot on online marketing (also known as Inbound marketing), which includes the use of social media, email marketing, and other online platforms to communicate with our customers.

Integrating online and offline marketing

With all of this focus on online marketing, we tend to think that we should invest all of our energy in our online presence. But it’s not that simple as customers don’t only spend their time online. While online marketing is crucial to growth and success, you need to also engage your customers using offline methods – especially in B2B industries where long-term relationships with customers are crucial to success. A good way to understand this is to compare it to the use of social media in our personal lives. Most of us frequently share personal information about ourselves, our families, our hobbies, and more, on social media platforms. Despite the fact that these platforms seem to “replace” direct relationships, that’s not usually the case, and most of us still make a lot of effort to meet with our families and friends on a regular basis to nurture our inter-personal relationships. If we apply this example to business, we can build well-balanced marketing strategies by combining the use of social platforms to share knowledge with potential customers and build their trust, with inter-personal, offline interactions.

Not mutually exclusive

Using both online and offline marketing doesn’t mean that you need to create separate strategies for each. Instead, you need to create the right marketing mix for your company and field where your offline marketing strategy is actually complemented by your online strategy, and vice versa. Here are some examples:

1. Trade shows

Trade shows may be traditionally associated with “offline” marketing, but you can leverage your investment in them by using a digital strategy to promote your company’s presence at the event. This can be done through digital ads, social media campaigns, landing pages, calls-to-action, and even webinars or videos talking about the upcoming event and where to find you. These promotions can be used to both promote your business in general, and to set up meetings or collect quality leads.At the event, you’ll be able to meet these potential customers (and other) face-to-face and most importantly, to follow up after the event based on what they told you about their specific needs. Again, the follow-up communication can be done through both direct communication and digital communication such as newsletters.

Read here about the online approach to event marketing>>

2. Samples to customer

Offer potential buyers and distributors that leave their contact details via digital platforms free samples of your products (where relevant) or promotions. In this manner, you can collect quality leads from customers, communicate with them directly to get them to try your products, and continue to engage with them through online campaigns. You can also use geo-driven campaigns to attract potential buyers and then refer them to local points-of-sale.

3. Digital campaigns and demos

Use digital campaigns and landing pages to encourage potential buyers to leave their information and then call them to set up a live demo of your product. You can continue to nurture the relationship with these potential buyers after the demo through a combination of offline and online marketing techniques.

4. Join social media groups

Join and contribute to social media groups in your field, use them to increase your brand awareness, and look out for offline networking initiated by these groups, including impromptu meet-ups and offline conversations. You can also initiate such offline events in order to meet potential leads face-to-face.

The best of both worlds

So the answer is yes – you should DEFINITELY still speak to your customers face-to-face, and communicate with them in every way possible to secure and nurture long-term trust and relationships, and meet their specific goals and needs. To get the most out this combined approach, make sure your brand promise, messaging, and visual language is consistent across all platforms so that your potential buyers and promoters recognize you wherever you are.