Engineers, manufacturers and technicians
are typically a no-nonsense bunch. They make their livings through the application
of science, not spin, and they tend to be deeply skeptical, often with good reason, of marketing fads
and PR fluff.
It should therefore come as no surprise that in a recent GlobalSpec survey of Industrial Marketing Trends (link below), only 23% of engineering and industrial companies surveyed maintained Blogs, compared with just under 50% of companies in all B2B markets. The same survey reported that Trade Shows were destined to be the most popular form of marketing for industrial companies in 2012 (67% of companies) closely followed by ‘E-Marketing using in-house lists’ (65%). Out of 22 options, ‘Public Relations’ came in at no. 8 (38%) and ‘Internet Banner Advertising’ at no. 12 (34%). Blogging languished at no. 13.
It should therefore come as no surprise that in a recent GlobalSpec survey of Industrial Marketing Trends (link below), only 23% of engineering and industrial companies surveyed maintained Blogs, compared with just under 50% of companies in all B2B markets. The same survey reported that Trade Shows were destined to be the most popular form of marketing for industrial companies in 2012 (67% of companies) closely followed by ‘E-Marketing using in-house lists’ (65%). Out of 22 options, ‘Public Relations’ came in at no. 8 (38%) and ‘Internet Banner Advertising’ at no. 12 (34%). Blogging languished at no. 13.
Blogging
– an Engineers Perspective
I thought I had an inkling of why Blogs
were relatively unpopular amongst the engineering fraternity, but just to be
sure I decided to conduct my own, 100% unscientific, survey. The feedback from
the handful of engineering managers I spoke to was pretty much as I would have expected.
Blogs, they told me, are usually self-indulgent and not really a serious, focused approach to marketing. Generally, they were viewed as the latest Marketing
bandwagon - a fad that would probably pass as quickly as it had come along.
Popular approaches to Industrial Marketing
So I decided to look into the Marketing
and PR activities that industrial companies were pursuing. As
I’ve already mentioned, Trade Shows come in at Number 1. Fair enough, maybe. If
well planned, they can be an efficient means of direct communication with a
dispersed client base – significantly less costly than travelling to meet all
those customers individually. But Industrial Marketers (in the same survey)
tell us that their two biggest challenges are ‘Generating leads for sales’ and
‘Measuring the ROI of my efforts’. Trade Shows are inherently high-cost, and
the generation of completely new leads
is inevitably a hit and miss affair, determined by who turns up on the day. As
with most activities, ROI measures can be created, but Trade Shows hardly
provide us with a model of accurate measurability.
'PR' is popular too...
After that, a couple of hours poring over
industrial company websites soon confirmed that ‘PR’ remains a trusted approach
to communications. See all those ‘News’ pages filled with pdf Press Releases announcing
the company’s 25th anniversary, a visit from a Member of Parliament, Geoff getting
his gold watch for forty years’ service. Generally, these are produced by
specialist PR companies (i.e. they cost money) and, in their defence, most of
these PR companies have embraced new Social Media - now, you can learn about
Geoff getting his gold watch on Twitter! We’ll touch on the question of whether
that represents good ROI later.
So
what is effective Industrial Marketing?
To answer this question, it’s perhaps
best to start by considering how industrial buyers now go about their buying
activities. Not all that long ago, the Sales Representative was in a position of
relative power and authority. He knew his product, and could present it as the solution to the buyer’s unsolved
problem. That was before we had the internet. Now buyers are able to research
their problems extensively and with ease, or ask colleagues to do so for them,
before they even engage with your Sales Team. And we know they do – 48% of
industrial professionals are now spending 6 hours or more per week online in
the course of their jobs (source: GlobalSpec).
By the time they speak to you, they’ve already worked out the solution
to their problem by themselves. As a result, the Sales meeting can be
little more than a price negotiation, pretty much on their terms.
Back
to Technical Blogging
So, the moment of purchasing decision-making
has moved forward, to the moment when the buyer types the words ‘reduce widget
wear’ (say) into Google. What he finds will be whatever most closely matches
his Search – i.e. his specific needs. What he then chooses to read will be the most
engaging content that addresses those needs most directly and authoritatively.
Cue your Technical Blog. The changed nature of buying means that it’s time to
forget many of the old approaches to Marketing – the flashing ads and the
shouty ‘Buy Now!!!’ messages. By creating content which directly addresses your
customers’ technical problem, at the precise moment when they are researching
the solution, you can establish yourself as a trusted authority in your
specialist field and increase significantly the likelihood of being contacted,
and of making a sale.
Optimising your Technical Blog
There is, of course, no panacea. The main
reason there’s so much scepticism regarding Blogs, as with other marketing
approaches related to Social Media, is that so much of the content people
create is simply not good enough. Prospective customers won’t find, won’t want
to read, and won’t share Blog articles that are poorly targeted, badly written,
uninformative, or just downright boring. To achieve results your Technical Blogging
activities must be carefully planned and prepared, in terms of subjects,
content, Keywords, style and so on. You’ll probably need to assemble a Blogging
Team (including senior managers and technicians, definitely not just
marketers), appoint an Editor (probably your Marketer) to ensure that Blog
posts address identified customer needs, and produce a Publishing Plan, to
ensure that the right kind of output is maintained consistently over time. And
then you must keep going, because results are unlikely to happen overnight.
But
when they do come, the rewards could be substantial.
As well as directly addressing your
prospective customers’ needs and attracting them to you, a high quality Blog
will boost your Search Engine ranking (websites with Blogs get 55% more traffic
than those without (source: HubSpot)), establish you as a ‘thought leader’ in
your industry, provide a Technical Resource with an unlimited Search life,
provide measurable data on the effectiveness of your marketing campaign (with
Website Analytics), and help you build a community of industry followers who
trust you, and want to buy from you. The question is, is your company ready to
take the plunge?
Data source: GlobalSpec: Trends in Industrial Marketing, 2012 - 'How Manufacturers are Marketing Today.