The brand crisis that’s lengthening your sales cycle
Oct 30, 2024
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Allyson Havener, SVP of Marketing at TrustRadius, shares her expertise on the disconnect between B2B buyers and sellers. She highlights how skepticism from modern buyers demands transparency and real customer evidence. Discover the importance of original research and authentic peer reviews in building trust. The discussion reveals that traditional marketing tactics can lead to decision paralysis. Havener emphasizes aligning sales strategies with buyer expectations for upfront pricing and minimal pressure to enhance trust and shorten sales cycles.
Addressing the gap between B2B buyers' preferences for transparency and vendors' traditional tactics is essential for rebuilding trust.
Utilizing original research to create data-driven marketing content helps align brand messaging with the demands of skeptical buyers.
Deep dives
Defining Core Goals for Research
Establishing clear core goals is vital for any research initiative. Identifying the end goal helps align the research with the narrative a company aims to convey. Knowing what you want to accomplish can guide the creation and design of surveys, making them more purposeful and impactful. Without this clarity, research efforts can become disorganized and fail to resonate with target audiences.
The Importance of Survey Design
Effective survey design plays a crucial role in obtaining meaningful insights from research participants. Thoughtful survey construction ensures that questions are clear and relevant, allowing for accurate data collection that supports the research goals. Additionally, having a sound distribution strategy is essential to reach the right participants, which directly influences the quality and applicability of the results gathered. Poorly designed surveys can lead to misleading conclusions and missed opportunities for actionable insights.
Understanding the B2B Brand Crisis
The B2B brand crisis refers to the disconnect between brands and the evolving expectations of buyers, particularly millennials and Gen Z. These buyers are skeptical and have grown up with significant access to information and peer reviews, impacting their trust in vendor claims. Traditional branding strategies often overlook these changing dynamics, resulting in a lack of connection with potential customers. Companies must adapt their branding and marketing strategies to build trust and meet the expectations of a more discerning audience.
Leveraging Research for Marketing Strategy
Original research serves as a powerful tool for shaping and enhancing marketing strategies, providing relevant data to inform decision-making. Companies can derive numerous content pieces from research reports, such as blog posts, social media updates, and sales materials, amplifying their outreach efforts. By embedding impactful statistics and insights into their messaging, organizations can create a narrative that resonates with their target audience and drives engagement. Ultimately, leveraging research effectively can result in greater brand recognition and alignment with buyer expectations.
Are you struggling to build trust with your buyers? Allyson Havener (TrustRadius) and Mark Huber (UserEvidence) break down the B2B buying disconnect between buyers and marketing and sales efforts—including some helpful tips to apply to your own marketing strategy to help close that gap.
What’s working in B2B marketing: DATA-BACKED PROOF Original research and transparent data are key to building credibility and trust with skeptical buyers who are demanding upfront pricing and product claims before purchasing.
What’s not working in B2B marketing: SUGAR-COATED "PROOF" Focusing too much on traditional bottom-funnel tactics without addressing what buyers genuinely want reduces trust and transparency. Pushing overly optimistic marketing narratives without real proof causes buyer mistrust. (And can ultimately lead to decision-making paralysis.)
Address the disconnect between B2B buyers and sellers: There’s a significant gap between what buyers want and how sellers and marketers approach them. Buyers prioritize upfront pricing, peer reviews, and minimal sales pressure, while vendors often overlook these preferences.
Trust is critical in the sales process: B2B buyers are skeptical, especially with the influx of tech options. Transparent communication, real customer evidence, and accurate ROI data is crucial to overcoming buyer hesitation.
Original research fuels effective marketing strategies: Both TrustRadius and UserEvidence used their research reports as the cornerstone for content creation, social proof, and marketing messaging—illustrating how data-driven insights can shape a year’s worth of marketing materials.
Brand trust is key in narrowing choices: Buyers typically start their search with 2-3 potential vendors and often stick with their original choice, underscoring the importance of establishing brand trust early in the buyer’s journey.
Align marketing and sales for deal acceleration: In complex B2B sales, particularly with large enterprises, aligning sales and marketing strategies is essential to shorten the sales cycle and ensure consistent messaging across all touchpoints.
Things to listen for: (00:00) Welcome to the show (01:20) How data fuels marketing strategies (06:22) The B2B brand trust crisis (07:57) Disconnect between buyer expectations and vendors (10:33) Buyers, sellers, marketers are not on same page (12:20) Buyers’ demand for upfront pricing, not secrecy (13:29) Buyer preference: Peer reviews over pushy sales (23:13) Why do buyers stick with original vendor choice?
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