Is Content King in B2G Marketing? (Part 1)
September 19, 2014 4 Comments
Content may be king in the world of business-to-business (B2B) marketing, but getting it produced, distributed, and consumed can be a royal pain for marketers. As I prepare to lead a panel discussion on business-to-government (B2G) content marketing and social media at the upcoming Government IT Sales Summit, I’ve started digging into how marketers are using these tools to reach their customers and influence sales. So I wanted to gather some data on content marketing to see if it’s really worth the effort.
A recent Starfleet Media study of our friends in the B2B world states two out of three marketers are investing MORE resources to develop and disseminate content. According to the 2014 Benchmark Report on B2B Content Marketing and Lead Generation, “almost a quarter of the B2B marketers surveyed plan to more than double their spending on content marketing in the year ahead.” Another key takeaway: no one plans to spend less on content marketing.
It should be no surprise that B2B marketers rely heavily on company-branded content, with these five types of assets the most used in their marketing arsenals:
- Case studies/client success stories (69%)
- White papers (63%)
- Webinars/other videos (59%)
- eBooks (53%)
- Infographics (41%)
How do these branded content assets make it into the hands of prospects and customers? For starters, almost every B2B marketing organization relies on its sales force. That’s good to hear, since for B2B sales organizations (and their B2G counterparts), content by itself is often the gateway to a larger sales conversation that can lead to further qualification, relationships of trust, and conversion for expensive, highly considered purchases.
Yet social media plays an increasingly significant role in distributing content to B2B audiences, representing seven of the top 10 tactics used (as seen in the chart below).
The results made me wonder whether these content marketing trends are equally relevant in the similar but unique realm of B2G marketing. So I turned to the 2014 Federal Media and Marketing Study, produced by market research firm Market Connections, for some clues.
Market Connections’ analysis of 3,700 government employees points out that the decline of travel, trade shows, and conferences means federal employees are more likely to seek out information online. As a result, B2G marketers have even more incentive to focus on content as a core marketing vehicle.
The research concludes that “government decision-makers are accessing information in increasingly complex and fragmented ways. Companies looking to reach these decision-makers need to make sure they are accounting for print, digital, mobile and social media platforms in their communications plans.”
In next week’s post I’ll unveil several more top takeaways, many of which I’ll explore in greater depth with a panel of B2G marketing experts at the upcoming Government IT Sales Summit. I hope you can join us there! Make sure to register before October 6 to get the early bird rate.