{"id":6418,"date":"2024-03-12T12:44:21","date_gmt":"2024-03-12T16:44:21","guid":{"rendered":"https:\/\/advertisingweek.com\/aw360\/2024\/03\/12\/buying-groups-the-missing-piece-of-the-lead-generation-puzzle\/"},"modified":"2024-03-12T12:44:21","modified_gmt":"2024-03-12T16:44:21","slug":"buying-groups-the-missing-piece-of-the-lead-generation-puzzle","status":"publish","type":"post","link":"https:\/\/advertisingweek.com\/aw360\/news\/buying-groups-the-missing-piece-of-the-lead-generation-puzzle\/6418\/","title":{"rendered":"Buying Groups: The Missing Piece of the Lead Generation Puzzle"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">By Elizabeth D&#8217;Arcy-Potts, VP of Sales, Pipeline360<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Often the hardest step is the first one, and when it comes to marketing, that\u2019s increasingly the case with almost half of B2B marketers reporting problems reaching the very people they need to influence \u2013 buying groups.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">A recent Pipeline360 survey \u2013 \u2018<a href=\"https:\/\/ukresources.pipeline-360.com\/all-resources\/the-state-of-b2b-pipeline-growth\">The State of B2B Pipeline Growth<\/a>\u2019 \u2013 found that 47% of UK respondents found it hard, or really hard, to engage those involved in the purchasing process, while 51% expressed some difficulties. Given, securing new and qualified leads was deemed urgent and critical to 82% of those surveyed, building out buying groups has clearly become an important consideration.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Buyers are skipping the consideration stage, plotting their own journeys <em>of least influence<\/em> on platforms we don\u2019t control; crowd-sourcing consensus. They\u2019ve seen through the funnel, outgrown the playbook, and in doing so, have out-maneuvered teams trying to sway their thinking using traditional methods. And they\u2019re so sure they\u2019re right, they don\u2019t even want to hear from sales, allocating just 5% of their time to closing deals.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Buyers haven\u2019t just gone digital; they\u2019ve gone completely hands-free. Put up the \u2018do not disturb\u2019 sign. So, how do B2B marketers reach the unreachable and overcome nightmare conditions \u2013 including budget and headcount constraints \u2013 that are moving targets and ROI further out of reach?<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Firstly, marketers must understand that buying is a team sport, so getting an individual\u2019s details is just the start and isn\u2019t in itself, lead generation.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">A proper lead, one that can be sold to, reflects the entire account \u2013 usually up to seven people \u2013 who have been properly nurtured. That\u2019s why they only need a few minutes with sales, because everyone involved is already in agreement, and have had their personal needs met.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The rod and reel approach to leads is redundant. In the digital-age, marketers need to get greedy when it comes to data, and employ a drift-net approach, and that\u2019s where content syndication (CS) comes in.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">CS is the strategic republishing of content to multiple locations to increase the chances of it being seen by the right people at the right time and comes with the bonus of boosting brand awareness and credibility. But it is more than just a delivery system, CS elevates the lead gen process as it exposes brands to more members of a buying group to help them close the net on accounts.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">CS isn\u2019t a new tactic, but, somewhat surprisingly, 38% of those surveyed by Pipeline360 didn\u2019t know what it is and 43% didn\u2019t even know how it works. Just 23% were using it, making CS a greatly underutilised tool.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A Syndicated Solution to a Buying Group Problem<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">CS allows marketers to execute at scale, not so they can hit vanity metrics, but to optimise chances of reaching more of the right buyers, at the right time, with the right assets.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">And it allows buyers to maintain control they\u2019ve become accustomed to, because their details are only released if they download assets. That makes the process more organic, and the buying signal stronger.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">By using CS, brands can build out buying groups at key accounts, capturing lead information from all the decision-making stakeholders when targeting a specific account or set of personas.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The B2C Experience Safe from GDPR Regulations <\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Reaching buyers is one thing, but they now expect a more personalised, B2C-experience, and that\u2019s not easy to deliver as GDPR prohibits contact-level targeting. Marketers can, however, focus on job function, rather than title, and achieve similar, or better, results as the engagement net is cast wider.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">While teams can\u2019t go after key individuals and personalise messages to them specifically \u2013 they can personalise targeting to departments, or personas, and work from the outside in, effectively scooping up more influencers in the purchasing process.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">With multiple people in buying groups, 27 touch-points in a journey and a 23-week cycle between consideration and conversion, marketers need to know more, and do more, all the time.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Integrating targeted display and CS solves a lot of problems as they can educate, nurture, and engage, simultaneously, and optimise processes continually. With better insights, marketers can generate better leads to build out buying groups across targeted accounts, which shortens sales cycles and boost conversion rates.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Marketers Must Trace Every Move Buyers Make<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">With buyers constantly reinventing their own purchasing journey, its essential marketers control every opportunity to engage with them so they can ensure the smoothest, and quickest, route to ROI. Not just for the individual buyer but the whole buying group. This is why CS is an essential tactic, it allows you to build out that buying group, by targeting the entire account and or persona, collecting data from each member of the buying group as they engage with your asset. Once you have that information you can engage them all throughout their individual buying journey. But to do that, you need to know who\u2019s in it.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>To Win the Crowd, Marketers Must Play to It<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Winning over individuals is hard enough, let alone groups, who don\u2019t want to engage or be influenced. But perhaps we\u2019ve got it all wrong. Perhaps, it isn\u2019t a case of buyers not needing us anymore. They simply outgrew the path laid out for them and adopted a DIY-approach because marketing and sales didn\u2019t evolve to meet their needs.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">All the tools are already available to build a new path. B2B marketers just need to use them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Winning over individuals is hard enough, let alone groups, who don\u2019t want to engage or be influenced.<\/p>\n","protected":false},"author":7,"featured_media":6419,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","editor_notices":[],"footnotes":""},"categories":[1],"tags":[5],"topics":[2],"class_list":["post-6418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-data","topics-editorial"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Buying Groups: The Missing Piece of the Lead Generation Puzzle | AW360<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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