the power of video in making your b2b story come alive
TRANSCRIPT
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B2B content doesn’t engage buyers or deliver value
Source: Forrester/BMA/OMI May 2014 Global Content Marketing Benchmark Online Survey and July 16, 2014, “Compare Your B2B Content Marketing Maturity” Forrester report.
16% Of content marketing efforts are very effective at delivering business value
26 out of 30 B2B websites we reviewed fail to deliver customer-centric, compelling content
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B2B buyers don’t engaged with it
Base: 210 senior-level business and IT decision-makers at companies with 500+ employees Source: Forrester’s Q1 2016 Content Objectivity Study
64% Say “vendors give me too much material.”
50% Say “much of it is useless.”
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Valuable resources are being wasted
Source: “2016 B2B Budget Plans Show That It's Time For A Digital Wakeup Call” Forrester report
Hypothetical $1B+ company
Average spent on marketing programs
Average spent on content marketing
Of content buyers find useless.
Estimate of resources/effort wasted as result of poor content
6% 12%
$3.6M 50%
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68% want vendors who “understand my business, my problems – and help me solve them.”
50% want salespeople “to share insights with me that I haven’t considered before.”
Base: 418 exec buyers at global firms of 100 or more employees Source: “What Do Executive Buyers Find Valuable?” Forrester report
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Source: Uri Hasson, Associate Professor of Psychology, Princeton University
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“Meet Simon, the head of security…”
Source: Symantec
Video makes stories come alive
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Source: Intel (http://www.Intel.com/BetterWayToWork)
Stories humanize business problems
Source: Intel “If Cables Were People – IT Negotiator”, MRM//McCann
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Four key principles behind great B2B storytelling
› Empathy creates trust, deepens relationships
› Decision-making is emotional
› People trust friends, family, and peers
› Engaging the senses leaves a lasting impression
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Understand and empathize with
your buyers
Strike an emotional chord
Deliver value in your stories
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TE Connectivity connects with buyer motivations
Source: TE Connectivity, http://www.te.com/usa-en/about-te/ecc.html
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Shortel uses “day in the life” to create empathy
Source: ShorTel (https://www.shoretel.com/resource-center/day-life-shoretel-connect)
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Oracle’s long-form video instructs and entertains
Source: Oracle Eloqua Marketing (http://www.eloqua.com)
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Experiment with the twin muses of humor and tragedy
Source: Domtar (www.paperbecause.com) and Boston Scientific (www.raceagainstpain.com)
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NetApp uses stories about failure and redemption
Source: NetApp Inc. (www.netapp.com)
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Verne Global curates the most relevant content
Source: http://www.greendatacenternews.org/
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Reltio uses relevant, personalized video...
Source: Vidyard
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…to connect with prospects and boost engagement
Source: Vidyard
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Pentaho gives buyers something useful to do
Source: http://app.snapapp.com/pentaho-blueprint-example
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5 ways to use storytelling to engage customers today
1. Repurpose your “great” content as stories or narrative.
2. Experiment with long-form, multi-chapter.
3. Put customers center-stage.
4. Shoot more video.
5. Create a value exchange with buyers.
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Laura Ramos @lauraramos [email protected]