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Why do most B2B online marketing campaigns that are launched fail?

08/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The failure of B2B online marketing campaigns can be due to various factors. Here are some common reasons why most B2B online marketing campaigns fail:

Obscure Objectives: If the campaign objectives are not clearly defined or are too vague, it becomes difficult to measure success and take the right actions.

Lack of audience analysis: If the company does not properly understand the target audience or does insufficient research, the marketing message may not reach or engage the right people.

Ineffective content strategy: The content of a campaign is crucial. If the content isn't relevant, informative, or engaging, it won't resonate with the audience and may not elicit action.

Weak conversion strategy: Driving traffic to the website is not enough. It's just as important to have a clear conversion strategy to convert visitors into customers. If this strategy is absent or ineffective, there will be no success.

Lack of integration of marketing channels: B2B online marketing should integrate different channels such as email marketing, social media, content marketing and search engine optimization to ensure a consistent and effective campaign.

Insufficient budget: If the budget for the campaign is limited, this can limit the reach and effectiveness of marketing activities.

Poor user experience: A confusing website, slow loading times or a complicated checkout process can put off potential customers.

Lack of measurement and analysis: Without thorough analysis and measurement of campaign performance, it is difficult to identify strengths and weaknesses and adjust strategy accordingly.

Strong competitive landscape: In some B2B markets, competition can be very fierce, making it difficult to differentiate yourself.

Seasonality and Market Trends: B2B companies can be affected by seasonal fluctuations or changes in market trends, which can impact the success of their marketing campaigns.

In order to run more successful B2B online marketing campaigns, it is important to consider thorough planning, audience analysis, content strategy, conversion optimization and continuous measurement and adjustment. It's also good practice to monitor and incorporate current marketing trends and best practices in the industry.

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Strong growth in the digital online advertising market in Germany

08/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The digital display advertising market in Germany recorded impressive growth of 24.7 percent in 2021 and an increase of more than one billion euros compared to the previous year. This is according to data from the Online-Vermarkterkreis (OVK) in the Bundesverband Digitale Wirtschaft (BVDW). The Corona pandemic acted as a catalyst for this development, driving digitization and increasing demand for digital advertising. In total, digital display advertising revenues amounted to EUR 5.12 billion in 2021.

The OVK's "Paid Content" trend study sheds light on users' willingness to pay for editorial content on the Internet. Only 21 percent of users resort to paid online content. Men (63 percent) and young users between 16 and 29 (27 percent) in particular show an above-average willingness to pay for such content.

The study also shows that paid subscriptions to e-papers and e-magazines are used most frequently, followed by paid access to news portals or online services and paid podcasts. The age structure influences these preferences: Older people aged 50 and over are more interested in e-papers or e-magazines, while younger users prefer podcasts.

Nevertheless, about 37 percent of non-payers believe news content should always be free. Those who would pay for editorial content are open to different access models. For example, about 66 percent could come to terms with agreeing to website cookies as an alternative to pay models, while about 54 percent would accept mandatory registration, provided they could continue to access content for free.

Steffen Bax, deputy chairman of the OVK, emphasizes that advertising revenues are still indispensable for financing journalistic content on the Internet. Both paying users and users of free content see advertising as an accepted method of supporting journalistic content online.

The OVK is committed to the development of a new online media platform.

The OVK continues to expect double-digit growth in the digital display advertising market despite the pandemic effects fading. For 2022, they forecast growth of 11.8 percent to more than EUR 5.7 billion. Programmatic advertising is expected to exceed the 4 billion mark and stabilize at a level of 71 percent. Moving image advertising will also generate revenues of EUR 2.1 billion in 2022. In-page advertising will remain dominant, accounting for 63 percent of revenues.

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People brands: How to position yourself as a brand

08/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's world, it's more important than ever to position yourself as a brand. Especially for people who are in the public eye, such as artists, influencers or entrepreneurs, it is of great importance to build a strong personal brand. Here are some reasons why person brands are so important:

Differentiate yourself from competitors

A strong person brand helps you stand out from your competitors. There are many people who have similar talents or skills as you. When you build a strong person brand, you can ensure that you stand out from the competition and attract potential customers or fans to you.

Build trust

A strong persona brand can help build trust with your customers or fans. By positioning yourself as a brand, you can clearly communicate your values and beliefs, which will help you connect with your target audience. People buy from people they like and trust.

Add value

A strong personal brand can help increase your value. When you're known as a brand, you increase your chances of being noticed by the public, which can lead to more customers or fans. A strong personal brand can also help you charge higher prices for your services or products.

Career opportunities

A strong person brand can also help you create or expand career opportunities. When you are known as a brand, you increase your chances of being discovered and approached by companies or other influencers. A strong person brand can also help you be seen as an expert in your field.

How do I build a strong personal brand?

Building a strong person brand takes time, patience and hard work. Here are some steps you can take to build your person brand:

Define your goals and values: Think about what goals you want to achieve and what values are important to you. This information should be clearly communicated in your brand.

Create an engaging online presence: A strong online presence is essential to be perceived as a brand. Create a website or blog and use social media to spread your message.

Be authentic: A strong personal brand is based on authenticity. Be honest and open with your customers or fans and stick to your values and beliefs.

Build a community: A strong persona brand requires a loyal fan base. Use social media and other platforms to build a community and connect with your customers or fans.

Provide value: A strong personal brand provides value to its customers or fans. Think about how you can add value to your target audience through your services, products or content. Conclusion

A strong person brand can be of great importance to many people, especially those who are in the public eye. A well-built persona brand can help you stand out from the competition, build trust with customers or fans, and increase value. If you want to build a strong persona brand, you should define your goals and values, create an engaging online presence, be authentic, build a community, and provide value. With hard work, patience and a smart strategy, you can build a successful personal brand.

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What are no-go's in search engine advertising or online marketing?

08/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

No-go's in search engine advertising or online marketing are certain practices that should be avoided because they violate either search engine guidelines or general marketing principles. Here are some examples of no-go's:

Misleading advertising: placing misleading ads or promising deals that cannot be delivered is unacceptable. Advertising should be transparent and honest.

Keyword stuffing: The excessive and unnatural use of keywords in ads or on landing pages is penalized by search engines. Content should be relevant to users and easy to read.

Lack of landing page relevance: The landing pages that the ads link to should be closely related to the products or services being advertised. A mismatch between ad text and landing page can lead to poor user experience.

Copyright infringement: using copyrighted content without having the necessary rights or permissions is not allowed. This includes images, text, brand names and logos.

Poor user experience: cluttered or slow websites, pop-up ads, auto-playing videos, or other elements that detract from the user experience should be avoided.

Spam and unsolicited communications: sending unsolicited emails, text messages, or other forms of communication without the recipients' consent is considered spamming and is unprofessional.

Neglect of data protection regulations: The handling of personal data must comply with applicable data protection laws. It is important to respect the privacy of users and adequately protect their data.

It is important to note that the exact no-go's may vary depending on the platform, search engine or online marketing channel. It is advisable to carefully read the guidelines of the respective platform and stay up to date to avoid violations.

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Why B2B suppliers and service providers have a hard time generating inquiries via their own website these days, and what alternatives there are

07/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's digitized business world, online presence and lead generation are critical for B2B vendors and service providers. Yet many companies face the challenge of generating inquiries through their own website. This article explores the reasons behind this problem and presents alternative approaches to attract qualified leads.

1. Overwhelm due to the multitude of websites:

The Internet is flooded with websites of B2B vendors and service providers. Customers have a seemingly endless choice, making it difficult to stand out from the crowd. Often, websites are not optimized enough to convert visitors into paying customers.

2. Lack of search engine optimization (SEO):

Poor visibility in search engine results can prevent potential customers from finding the website in the first place. Without a targeted SEO strategy, valuable leads are lost.

3. Complex offerings and opaque content:

B2B products and services can often be complex. If the website fails to convey this information clearly and understandably, visitors will lose interest and look elsewhere for solutions.

4. Lack of personalized targeting:

Websites that fail to capture visitors' needs and interests and provide them with personalized content may have a hard time establishing an emotional connection and building trust.

5. Competition from third-party platforms:

Third-party platforms such as LinkedIn, Xing, and business directories offer B2B companies the opportunity to showcase their services to a wide audience. As a result, they compete directly with their own website for the attention of the target group.

Alternatives to lead generation via one's own website:

1. Content marketing:

By creating and sharing high-quality, relevant content, B2B providers can position themselves as experts and attract potential customers. Blog posts, case studies, white papers, and videos are just a few examples of content that can build trust and convert visitors into leads.

2. Social Media Marketing:

A targeted presence on social media platforms allows companies to engage their target audience directly and build relationships. Interactive content and targeted advertising can capture the attention of potential customers.

3. Influencer marketing:

Working with influential people or companies in the industry can increase a B2B vendor's credibility and reach. Recommendations from trusted sources can pique the interest of potential customers.

4. Webinars and virtual events:

Hosting webinars and virtual events allows B2B companies to showcase their expertise live and engage directly with audiences.

5. Collaborations and partnerships:

Collaborating with other companies can lead to mutual benefits by gaining access to the partner's customers and thus generating new potential leads.

Conclusion:

Generating inquiries through your own website can be challenging for B2B vendors and service providers, but there are numerous alternative ways to attract qualified leads. A smart combination of content marketing, social media marketing, influencer marketing and the use of webinars or partnerships can increase reach and significantly improve the chances of successful lead generation. Companies should regularly review their marketing strategies to find the best approaches for their individual goals and position themselves successfully in the highly competitive B2B landscape.

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