Recap on the B2B focused insights we covered at The Big Picture 2018, with slides on:
- A Futurologist's perception on B2B markets Never Normal with Joshua McBain from Foresight Factory
- Panel session: What's next for the B2B website? with Stuart Castle, James Smee and Nick Andrew
- Using thought leadership content to drive brand awareness and sales, with Rachel Lockwood & Mui Luc from SAS
- The journey to integration with Giles Peddy from LEWIS
3. Agenda
8.30am Introduction
Ben Smith, Founder, PRmoment
8.35am A Futurologist's perception on B2B markets
Never Normal: The parallel drivers of uncertainty in the next five years for B2B brands
Joshua McBain, Director, Foresight Factory
9.00am Panel session: What’s next for the B2B website?
James Smee, Director, EMEA Digital Marketing, LEWIS (Chair)
Nick Andrews, Head of Digital Marketing, Linklaters
Stuart Castle, Senior Consultant, Sitecore
9.35am Case studies from SAS: Using thought leadership content to drive brand awareness and sales
Rachel Lockwood, Marketing Director, SAS andMui Luc, Head of Corporate Comms, SAS
10.00am The journey to integration
Giles Peddy, SVP EMEA Operations and Managing Director UK, LEWIS
10.30am Coffee and networking
8. 88Source: USA Federal Reserve
Defined by one seismic event
$7.4 trillion
lost in
stock wealth
(July 2008 - March 2009)
$66,200
per U.S.
household
9. 99Source: USA Federal Reserve
Defined by one seismic event
$3.4 trillion
lost in real
estate wealth
(July 2008 – March 2009)
$30,300
per U.S.
household
10. 1010
Defined by one seismic event
Source: Oxford Economics/Foresight Factory, 2017
85%
Govt debt as
% of GDP
2012
41%
Govt debt as
% of GDP
2007
12. 1212Source: European Commission/Foresight Factory, 2017
Significant impact on customer mindset and outlook
-40
-30
-20
-10
0
10
Sep-07
Sep-08
Sep-09
Sep-10
Sep-11
Sep-12
Sep-13
Sep-14
Seasonally adjusted consumer confidence indicator
FINANCIAL CRISIS EUROZONE CRISIS
13. 1313
But...growing uncertainty met by empowerment
0%
20%
40%
60%
80%
100%
2005
2007
2009
2011
2013
2015
2017(f)
All 16+ 16-24
Source: ONS/Foresight Factory | Base: All individuals aged 16+, UK 2016
% of adults using mobile internet within the last 3 months
14. 1414
Environmentalism in 2009
56%
“I am concerned about what I
personally can do to help
protect the environment”
Source: Foresight Factory | Base: 2017 online respondents aged 16+, GB, 2009 October
15. 15
Environmentalism in 2016
15
49%
“I am concerned about what I
personally can do to help
protect the environment”
Source: Foresight Factory│ Base: 1000-5000 online respondents per country aged 16-64 (Indonesia & S. Africa 16-54), 2016 February
21. 2121
But...not defined by a singular event
-40
-30
-20
-10
0
10
Sep-07
Sep-08
Sep-09
Sep-10
Sep-11
Sep-12
Sep-13
Sep-14
Sep-15
Sep-16
Sep-17
Seasonally adjusted consumer confidence indicator
FINANCIAL CRISIS
BREXIT VOTE
Source: European Commission/Foresight Factory, 2017
22. 2222
Instead...defined by multitude of interconnected events
0
50
100
150
200
250
300
350
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
FINANCIAL CRISIS
BREXIT VOTE
EUROZONE CRISIS
TRUMP ELECTION
EU MIGRATION
CRISIS
GLOBAL POLITICAL
TURMOIL
Source: Global Economic Policy Uncertainty Index, September 2017
23. 23
UNCERTAINY CREATING CLIMATE OF DISRUPTION
Political
Uncertainly
Societal
Distrust
4th Industrial
Revolution
Climate
Re-ignition
THE
NEVER
NORMAL
Understanding the Never Normal
23
26. 2626Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
% who agree that globalisation is good for their country
60%Brazil
71%India
43%
UK
71%China
37%
France
27. 27
% of EU citizens who trust the European Union
27
Source: European Commission Eurobarometer Report, 2017
57%
2007
33%
2016
42%
2017
28. 2828Source: Edelman Trust Barometer, 2017
% of global consumers who trust each institution,
2016 vs. 2017
42%
2016
41%
2017
Government
48%
2016
43%
2017
Media
53%
2016
52%
2017
Business
55%
2016
53%
2017
NGOs
31. 3131Source: Edelman Trust Barometer, 2017
The filter bubble entrenches fault lines across society
53%Do not regularly listen
to people or organisations
with whom they
often disagree
4 xMore likely to ignore
information that supports
a position they do not
believe in
32. 3232Source: Pew Research, 2016
% of US adults who say their country should do whatever it
takes to protect the environment
85%
1994
90%
2016
71%
1994
52%
2016
Democrats Republicans
37. 3737
Future job insecurity: Widely felt
64%
% people who are
not skilled in
technology will find it
harder to get a job in
the future
Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
38. 3838
Human vs. Automated: A key business question in 2017
52%
% who agree
companies should
prioritise employing
humans over
robots/automated
services
Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
39. 3939Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
% who agree companies should prioritise employing
humans over robots/automated services
63%USA
62%Mexico
49%
Denmark
65%Spain
47%
Japan
41. 41
A more apparent and immediate impact
41
The conclusions are clear:
climate risks are accelerating
in their likelihood and severity.
Rear Admiral David Titley, USA Navy
42. 42
Number of global displacements related to weather
42
23.5 million
2016
195.7 million
2008 - 2016
Source: Internal Displacement Monitoring Centre, 2017
43. 4343Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
% who would consider buying an electric car
69%Mexico
63%Brazil
49%
UK
56%China
50%
USA
45. 4545
58%42%
UK
Source: Foresight Factory | Base: 500-4000 online respondents per country aged 16-64 (Indonesia 16-54), 2017 August
“I like it when companies/brands address
current social issues in their advertising”
China
49. www.teamlewis.com
InsightS report.
‘What role does the B2B website play in the decision making journeys of B2B buyers?’
By James Smee
Presentation of findings
following research
exercise carried out in
October 2017.
THE BIG PICTURE:
PANEL SESSION
#bigpicture2018
50. THE HOLY TRINITY
TECH VENDOR CLIENT SIDEAGENCY SIDE
STUART CASTLE JAMES SMEE NICK ANDREWS
52. WHO DID WE SPEAK TO?
55.2%
18-24 = 10.4%
25-34 = 40.8%
35-44 = 33.2%
45-54 = 11.2%
55+ = 4.4%
44.8%
U.K WIDE
5 to 250 =
42%
250 to 1000 =
33.2%
Business size: EMP’sgeographyAudience: 250 B2b DECISION MAKERS
1000+ =
24.8%
53. www.teamlewis.com
In 2017 this number has increased to 51.2%
IN 2015 45% of B2B decision makers fell into the 18-34 yr old age bracket *
#1 Theageof empowerment…
* Google’s study ‘B2B Path to Purchase’
54. www.teamlewis.com
76.8% of b2b decision making cycles begin with a search engine
#2 oursearchstartshere…
54.8%also use social media
55. www.teamlewis.com
85.2% of b2b decision makers conduct research into new
products and services using their smartphone
#3 Making decisionsonthemove
56. www.teamlewis.com
Over 7 in 10 people admit to frequently carrying out
research into new products and services from home
#4 HOMEISWHERETHE HEART RESEARCH IS
57. www.teamlewis.com
94.4% of b2b decision makers state the potential suppliers
website is the most important channel when researching
#5 Theb2bwebsite
hasneverbeen
more important
Followedby…
#2 customerreviews
#3 Cost
#4 Interaction with the sales team
#5 Industry reviews/press
#6 Case studies
#7 brand
58. www.teamlewis.com
70% of b2BwEBsite visitors say that the user experience is
‘extremely important’ when evaluating a potential partner
#7 IT’SA MATTEROF EXPERIENCE
59. www.teamlewis.com
Ease of use is the most important element of UX
for 70% of b2b website visitors
#8 AsEasy as1,2,3.
Followedby…
#2 content
#3 functionality & tools
#4 fun & entertaining
#5 unexpectedapproach
#6 chat bots / ai
#7 cost
60. www.teamlewis.com
21.2% of website visitors will leave a website
within 10 seconds if the experience is poor
#9 The clock isticking
74.8% will
tolerate up to 60
seconds but not a
secondlonger.
61. www.teamlewis.com
42.4% of b2b website visitors believe website
experiences should be ‘moderately personalised’
#10 don’t makeit (too) personal
91. The Big Picture
The journey to integration
Giles Peddy, SVP EMEA Operations & UK MD
92. The buyer is changing
The shift towards a younger buyer has been quite dramatic. The percentage of B2B
buyers in the 18-34 age bracket has increased from 27% to 46% in just the last two
years. This marks a change that your B2B business simply can’t ignore.
Source: Google
93. The buyer has done their homework
On average, 74% of buyer
research is completed before
initial contact.
Source: Google
94. The number of buyers involved in a purchase is increasing
The number of people involved in the buying process has increased over
recent years, to the point where an average of 5.4 people are involved in
purchasing decisions.
Source: Google
95. B2B is going mobile
Google and The Boston Consulting Group (BCG) research shows that
mobile drives, or influences, an average of more than 40% of revenue in
leading B2B organizations—in industries that traditionally depend more on
sales than marketing to drive revenue.
Source: Boston Consulting Group/Google, 2017
96. The buyer is mobile
Mobile is increasingly playing a critical role in the B2B customer journey. In
fact, 50% of B2B search queries today are made on smartphones.
BCG expects that figure to grow to 70% by 2020.
Source: Boston Consulting Group/Google, 2017
97. Positive mobile experience
97
A positive mobile experience
increases repurchase rate and
builds customer loyalty. 90% of
B2B buyers would likely buy
again from the same vendor
compared with only about 50%
if poor mobile experience.
Source: Boston Consulting Group/Google, 2017
98. A digital first approach
98
Majority of B2B buyers media consumption is online
101. So how do we make the shift?
101
We must answer a very simple question
102. Because we are all focused on the same objectives…
102
What business impact will your
marketing/communications
programme have on my
organisation?
103. Challenge
Infosys needed to reposition from Indian outsourcer to
global consulting firm in key global markets, and wanted
to be the leader in Artificial Intelligence
Idea
Global report to be launched at World Economic Forum
on Artificial Intelligence to be used across all channels –
media, social, email, paid digital, influencer marketing,
panel and speaking opportunities, sales collateral, sales
tools, and ongoing marcomms for long tail
106. www.teamlewis.com
Challenge
Despite the ubiquity of today’s connected commerce (omni-
channel trading), PayPal’s offering amongst SMBs remains
largely unknown
Idea
Championing the SMB founder. Create a progressive story-
based narrative that is light and digestible, editorial, accessible
and worth taking five minutes out of my day for
109. www.teamlewis.com
Consideration Proposition Landing Pages
Working Capital
bit.ly/business-funding-
paypal
Express Checkout
bit.ly/express-checkout-paypal
Invoicing
bit.ly/invoicing-paypal
Cross Border Trade
bit.ly/sellingabroad
PayPal Here
bit.ly/onthego-paypal
110. www.teamlewis.com
60k
In six months we targeted 60K SMBs Increased lead-to-opportunity conversion
7,200Generated 7,200 x net-new
leads which is 12% of
community
1,631%Secured net-new revenue
>$1M equating to
+1,631% ROI
Generated net-new
account activations
2,400
45% to 88%
112. TARGET AUDIENCE STRATEGY
ACTIVITY
IMPLEMENT AUDIENCE RESPONSE & EFFECTS
IMPACT
ORGANISATION & STAKEHOLDER EFFECTS
ORGANIZATIONAL OBJECTIVES
ALIGN OBJECTIVES
COMMUNICATIONS OBJECTIVES
PLAN, SET TARGETS & OTHER INPUTS
PREPARATIONIMPLEMENTATION
MEASUREMENT&INSIGHTS
OUT-TAKES OUTCOMESOUTPUTS
MEASURE ACTIVITY
§ Drive: net-new merchant account
activations (thereby reversing the
current saturation experienced
across key EMEA markets)
Challenge: incongruent, deep-
rooted and damaging merchant-
held perception of PayPal as
being merely an ‘eBay tool’ and
website ‘checkout button’
§ Within six-months of go-live:
Exceed: PayPal's average lead-to-
opportunity conversion rate of 50%
Secure: a total of 3,000 net-new leads
(c3.75% of initial cold prospect pilot
leads targeted)
Win: 500 net-new merchant account
§ Prospect SMEs with revenues up to
£1.2M
§ PayPal stakeholders access, across strategic
insights team, SMB communications team and
campaigns delivery team
Access to retrospective campaign and web
performance data, creative and content
Access to segmentation and sales data of PayPal's
SMB customer base who specifically excelled
across PayPal's 5 x core propositions
§ Formative research: interrogation of historic SMB segmentation
and sales data held by PayPal
§ Formative research: audit (6-month retrospect across in and
outbound channels) of PayPal’s SMB content
§ Formative research: audit of web and campaign metrics to
decipher SMB resonance and dissonance
§ Planning: synthesis findings to identify core strategic pillars (and
customer pool to ‘tell the story’)
§ Planning: distillation of research into core SMB proposition
§ Planning: architecture of strategic narratives/nurture framework
(for Eloqua) to progressively migrate prospects from Awareness to
Consideration to Activation
§ Planning: architecture of intelligent lead-scoring mechanics to
govern prospective migration paths from MQL to SAL
§ Production: creation of 5 x peer-led (human) cases studies that
champion the SMB story – authentic: pain-point driven
§ Production: design/build of 5 x bold copy-light emails, leveraging
intrigue of peer overcoming identified pain-point
§ Production: design/build of rich/ immersive single source of truth
hub; telling the ‘customer story’ (via case studies) and allowing for
self-serving of content and onboarding
§ Production: creation of social activation assets for organic and
paid amplification, spanning Facebook and Twitter. Each
execution aligning to one of five customer stories
§ Social media: Facebook and
Twitter assets to amplify
campaign voice and reach
(owned activation)
§ Social media: Facebook and
Twitter assets to amplify
campaign voice and reach
(paid activation)
§ Email: 5 x bold copy-light
emails, leveraging intrigue of
SME peer overcoming a
shared pain point
§ Email: 5 x related plain-text
follow up reminder from
individual Payments
Specialist (PayPal employee)
§ Engagement: outperformed
Eloqua automation
benchmarks with 30%
unique opens and 6%
unique click-throughs
§ Engagement: Increased
lead-to-opportunity
conversions from 50% to
88%
§ Increased lead-to-
opportunity conversions from
50% to 88%
§ Generated 3,300 net-new
leads (10% above target; a
cold prospect conversion of
4.1%)
§ Generated 1,750 net new
merchant account
activations (eclipsing the
target set of 500)
§ Secured net-new revenue of
$1M, equating to +1,631%
ROI
§ Client testimonial: "Within
PayPal, IMAGINE is already
being hailed as ‘best-in-class’
and a real progression for our
SME engagement".
§ Client testimonial: Based on
performance to date,
IMAGINE is projected to
secure significant net-new
revenue to the business"
§ Client testimonial: "The shift
in emphasis from driving
MQLs to SALs has been
hugely successful, securing
average lead-to-opportunity
conversions of over 60%"
§ Client testimonials: "With
IMAGINE, prospective SMEs
get a real feel for what’s
possible with PayPal and
they’re actively reaching out to
find out more”
PayPal – integrated lead nurture
113. Summary
113
The B2B
buyer is
younger
They are
more mobile
centric
The
experience
matters –
just like
consumer
Digital first
is the
mantra
Break the
silos
We are all
focused on
the same
objectives –
business
impact
Objective
Insight
Story
Content
Execution
Evaluation
Measure it,
manage it