There might be as many marketing predictions out there for 2018 as there are marketing gurus. Everyone has their crystal ball out this time of year. Here at the Maven, we focus exclusively on the industrial sector. Our top three predictions for 2018 are all about you and what we expect you’ll be doing in the upcoming year.
1. Industrial Marketers Will Expand Multichannel Capabilities
Recent data from a survey sponsored by IEEE GlobalSpec and conducted by the Content Marketing Institute reveals that B2B marketers are using eight different marketing tactics in the development of content. Social media content (83 percent), blogs (80 percent) and email newsletters (77 percent) rise to the top as the most frequent tactics used.
The most successful marketers in 2018 will use a mix of push/outbound (email, tradeshows) and pull/inbound marketing tactics (corporate website, online catalogs). Currently, 50 percent of industrial marketers are using such a mix. Only 26 percent are satisfied with their marketing mix and only 25 percent are satisfied with their online marketing efforts (with 50 percent neutral).
These results indicate an opportunity for marketers to expand and diversify their mix more, especially in online channels, to better connect with their audience. Past research about the “Cross-Media Multiplier” demonstrates the performance benefits of diversifying your marketing spend across multiple digital media channels rather than relying on a single platform
2. Industrial Marketers Will Document their Strategies
Forty-one percent of B2B marketers have a content strategy but it’s not documented, compared to 19 percent who have a documented strategy, according to the Content Marketing Institute survey.
It’s great to have a concept or general idea of where you want to go and what you want to achieve, but that’s not always enough to succeed. It’s all about having a clear and concise strategy that is documented, reviewed, and shared company-wide with all active participants so that everyone is aligned and aware of your marketing goals. Too many companies are starting from scratch every year, which is inefficient and can waste resources, but this will be the year that industrial marketers document their strategies to serve as signposts as well as a measuring stick of performance against expectations.
3. Industrial Marketers Will Work with Partners for Content Marketing
If you are like most industrial marketers, content marketing is going to play a role in your 2018 plan. However, content marketing, while an essential marketing strategy, presents a number of challenges you must overcome. Industrial marketers cite a lack of internal resources, difficulty in producing engaging content on a regular basis, and distributing content to their target audience as three of their more pressing challenges.
To overcome these challenges, more industrial marketers will turn to partners for help. The right partner will have deep knowledge and expertise in your technical field so they can help you create targeted, relevant content without having to take a long time to get up to speed. The right partner will also be able to create a variety of content types, including white papers, native advertising, technical briefs, e-books, webinars, infographics, and more.
A trusted media partner will also be able to turn your goals and objectives into action by designing effective campaigns to get your content in front of your target audience. Make sure you work with a partner that has the capabilities to offer comprehensive reports about the performance of your content and the ability to identify who is accessing it.