opinion

Effective B2B Marketing: Getting It Right the First Time

As a company that works behind the scenes with several clients who operate forward-facing B2B and B2C brands, I’m well aware of the notion that traffic is king and that consumer driven business models rely heavily on maximizing the number of potential customers who reach their offers each day.

However, since my own company, KSquaredDynamics is entirely B2B focused, it’s worth examining more closely how much our clients’ marketing tones matter and how much more carefully it must be calibrated.

Whether a company has a large or small budget, strategic and efficient B2B marketing should always be on your radar.

Site owners I have spoken with are fond of the “try it, test it, track it approach” to marketing. Media buyers often buy ads for a variety of creatives with incremental differences from one to the next and track every iteration to determine a ‘winner’ before assembling a second set of test items to rinse and repeat the process. The eventual outcome is an ad that works because it has been objectively tested across many traffic sources with proven objective results in terms of a high CTR, strong ROI and solid brand affiliations.

Quality B2B marketing cannot take that approach. Imagine if a processor, hosting company or other service provider tried running ads that way. The potential harm to your B2B product line and services would far outweigh any benefits from the tracking process. Instead, B2B marketing requires a “get it right the first time” approach. A lot of thought goes into any new campaign, plenty of test marketing is done behind the scenes by asking insiders for input on upcoming events or creatives — and at the end of the day you are counting on your team to nail it without a safety net to fall back.

That’s why I always advise my colleagues to avoid sensitive topics, outlandish styles or an over the top approach. With B2C campaigns the competition is incredibly stiff and it takes a really savvy marketer to find ways to stand out from the crowd.

On the other hand, I have never heard of anyone hiring a payment processor, traffic company, or other support service because they were enamored with one of their banner ads. For professional B2B companies, name recognition and the opportunity to discuss details is essential to gaining new customers — but at the end of the day it’s all about getting a meeting and then being able to back up your brand with a strong product worthy of a potential client’s attention.

KSquaredDynamics is consistently asked about getting our clients to sponsor events, buy ads on websites, or asked about acquiring ad space on many different platforms. The first thing we always look at is the brand of the publisher we would be working with, because having the best ad on the worst platform is no way to get ahead. The strength of the event, publication or promoter is crucial to gaining any leverage from whatever ads you buy through them.

As an example, in March, we dreamed up, built and hosted The OrbitalPay Zen Lounge at The Phoenix Forum. We view TPF as one of the most important shows of the year, and The Phoenix Forum has worked tirelessly to establish itself as a pristine brand beyond reproach. So having our processing client’s brand listed prominently at the event was an easy decision for us to make. Next we needed to find the right way to demonstrate our message.

It’s important that your message, tone and brand present a coherent picture of exactly who you are and what you represent.

Anyone who has been to TPF is aware that everything from the keycards to the snack shacks, toilet paper, elevator signage and networking events is available for sponsorship.

When we discussed our plan with Steve Bryson and his team at OrbitalPay, we started by deciding the tone we wanted to present was a sense of calm, tranquility, peace of mind, because at the end of the day that is what we feel a processor needs to provide more than anything else. The ability to handle transactions in a secure, confident, competent and easy to manage way that allows our clients to focus on their own core capabilities without having any distractions or confusion coming from their payment processes.

The OrbitalPay Zen Lounge proved to be a perfect fit for their brand and message. Yes, I agree it’s easy to say free massages and a place to chill are always welcome — but when people hear or see the name OrbitalPay we want them to recall those feelings of serenity because their entire company works diligently every day to generate that feeling from a billing perspective for all of their clients.

Elevator ads are a brilliant idea if your company is all about opening doors for customers. Keycard sponsorship makes perfect sense to me for anyone in the web security business. On the B2B side of marketing, where AB testing your ads isn’t really possible, matching your service to the event, type of promotion and tone makes all the difference.

At TPF, and now for months afterward, I’ve been told by a number of peers and associates that the Zen Lounge was a big success. That means our marketing team did its job: identified the right opportunity and got our client’s message across to the people who matter most: decision-makers who are looking for quality payment processing and true peace of mind.

Whether a company has a large or small budget, strategic and efficient B2B marketing should always be on your radar.

Kristen Kaye is founder and CEO of KSquaredDynamics Inc., a full-service business strategies and solutions firm emphasizing on public relations, marketing, business development and brand management. For more information on how KSquaredDynamics can help your business, go to K2Dynamics.com.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More Articles

opinion

The Search for Perfection in Your Payments Page

There has been a lot of talk about changes to cross sales and checkout pages. You have likely noticed that acquirers are now actively pushing back on allowing merchants to offer a negative option, upsell or any cross sales on payment pages.

Cathy Beardsley ·
opinion

Unpacking the Payment Card Industry's Latest Data Security Standard

The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements and guidelines that apply to all businesses that accept credit card payments, and is designed to ensure the security of those transactions.

Jonathan Corona ·
opinion

Compliance With State Age Verification Laws

During the past year, website operators have faced a slew of new state age verification laws entailing a variety of inconsistent compliance obligations.

Lawrence Walters ·
opinion

Merchants in Spotlight With Visa's VIRP

By now, most merchants know about the Visa Integrity Risk Program (VIRP) rolled out in spring 2023. The program is designed to ensure that acquirers and their designated agents — payment facilitators, independent sales organizations and wallets — maintain proper controls and oversight to prevent illegal transactions from entering the Visa payment system.

Cathy Beardsley ·
opinion

How to Know When Hosting Upgrades Are Really Needed

I was reminded about an annoyingly common experience that often frustrates website owners: upgrades. Sometimes, an upgrade of physical system resources like CPU, RAM or storage really is required to solve a problem or improve performance… but how do you know you’re not just being upsold?

Brad Mitchell ·
profile

WIA Profile: Natasha Inamorata

Natasha Inamorata was just a kid when she first picked up a disposable camera. She quickly became enamored with it and continued to shoot with whatever equipment she could afford. In her teens, she saved enough money to purchase a digital Canon ELPH, began taking portraits of her friends, shot an entire wedding on a point-and-shoot camera and edited the photos with Picnik.

Women in Adult ·
trends

Collab Nation: Top Creators Share Best Practices for Fruitful Co-Shoots

One of the fastest ways for creators to gain new subscribers and buyers, not to mention monetize their existing fan base, is to collaborate with other creators. The extra star power can multiply potential earnings, broaden brand reach and boost a creator’s reputation in the community.

Alejandro Freixes ·
opinion

Bridging Generational Divides in Payment Preferences

While Baby Boomers and Gen Xers tend to be most comfortable with the traditional payment methods to which they are accustomed, like cash and credit cards, the younger cohorts — Millennials and Gen Z — have veered sharply toward digital-first payment solutions.

Jonathan Corona ·
opinion

Legal and Business Safety for Creators at Trade Shows

As I write this, I am preparing to attend XBIZ Miami, which reminds me of attending my first trade show 20 years ago. Since then, I have met thousands of people from all over the world who were doing business — or seeking to do business — in the adult industry.

Corey D. Silverstein ·
opinion

Adding AI to Your Company's Tech Toolbox

Artificial intelligence is all the rage. Not only is AI all over the headlines, it is also top of mind for many company leadership teams, who find themselves asking, “How can this new tool help our company?”

Cathy Beardsley ·
Show More