In the evolving landscape of B2B marketing, staying ahead of emerging trends and predicting shifts is crucial for the future of B2B marketing. Small businesses need to aim to carve out their niche and thrive in competitive markets. It’s essential for small B2B enterprises to anticipate and adapt to evolving consumer behaviors, technological advancements, and industry dynamics.

What is the future of B2B marketing? Find out by exploring key trends and predictions that small businesses should consider as they chart their course for success.

Rise of AI and Automation in the Future of B2B Marketing

First, Artificial intelligence (AI) and automation are poised to revolutionize the future of B2B marketing strategies. They offer unprecedented capabilities for personalized targeting, predictive analytics, and workflow optimization. Small businesses can harness AI-powered tools to streamline marketing processes, enhance customer segmentation, and deliver hyper-targeted messaging across multiple channels. By leveraging AI and automation, small B2B enterprises can increase efficiency, improve ROI, and gain a competitive edge in the digital marketplace.

Embrace of Account-Based Marketing (ABM)

Next, Account-Based Marketing (ABM) continues to gain traction as a strategic approach for B2B businesses. ABM can target high-value accounts and personalize marketing efforts to meet their specific needs. Small businesses can adopt ABM strategies to nurture relationships with key accounts. And deliver customized content, and drive engagement at every stage of the buyer’s journey. By focusing resources on the most promising prospects, small B2B enterprises can maximize the future of B2B marketing ROI. Ultimately they can accelerate sales growth in a targeted and efficient manner.

Shift Towards Interactive and Immersive Content

In an era of information overload, capturing and retaining audience attention requires innovative content experiences that engage and delight. So small businesses can differentiate themselves by embracing interactive and immersive content. Formats such as augmented reality (AR), virtual reality (VR), and interactive video are key. By creating immersive storytelling experiences, small B2B enterprises can captivate audiences. Additionally, they can foster brand loyalty, and drive meaningful interactions that resonate with their target audience.

Integration of Sustainability and the Purpose-Driven Future of B2B Marketing

Consumers are increasingly seeking out brands that align with their values and demonstrate a commitment to sustainability and social responsibility. Small businesses can differentiate themselves by integrating sustainability and purpose-driven messaging into the future of B2B marketing strategies. By highlighting their environmental initiatives, community involvement, and ethical business practices, small B2B enterprises can build trust, loyalty, and goodwill among their audience while making a positive impact on society.

Personalization at Scale

Finally, as consumers expect more personalized experiences from brands, small businesses must leverage data-driven insights. They need to use advanced segmentation techniques to deliver tailored messaging at scale. By harnessing customer data and predictive analytics, small B2B enterprises can create highly personalized marketing campaigns. These resonate with individual prospects and drive conversion. From personalized email campaigns to dynamic website content, personalization allows small businesses to connect with their audience on a deeper level and nurture long-term relationships.

Embracing the Future of B2B Marketing

As the future of B2B marketing landscape continues to evolve, small businesses must embrace innovation, adaptability, and forward-thinking strategies to stay ahead of the curve. By anticipating trends such as the rise of AI and automation, the embrace of ABM, the shift towards interactive content, the integration of sustainability, and the importance of personalization, small B2B enterprises can position themselves for success in an increasingly competitive marketplace.

Overall, as you navigate the complexities of B2B marketing, remember to stay agile, experiment with new technologies, and prioritize delivering value to your audience. Then by embracing the future of B2B marketing, small businesses can seize new opportunities, drive growth, and thrive in the digital age.

What Drives Consumer Summer Shopping Decisions? 

As the temperature rises, so does consumer spending on summer shopping. But why? What is it about summer that makes consumers feel the need to do more and spend more? In this post, we’ll explore the key psychological factors that influence summer spending and how marketers can tap into this customer experience opportunity. 

The Sunshine Effect on Summer Shopping

Not surprisingly, sunlight has a profound impact on mood. Exposure to sunlight increases the brain’s release of the hormone serotonin, which is associated with boosting mood and helping a person feel calm and focused. Higher levels of serotonin lead consumers to feel happier, more energetic, and more willing to engage in shopping activities. Marketers can leverage this by promoting outdoor-related products and experiences. 

The Leisure of Summer 

Summer, for many, brings a more relaxed schedule. Schools are out, families take vacations, and there’s a general slowdown in commitments for many people. This leisure time increases discretionary spending. People tend to shop more when they have more free time and less structured days. Retailers can capitalize on this by offering timely promotions, vacation-related products, and summer-specific services that cater to travel and leisure activities. 

Seasonal Scarcity Affects Summer Shopping

The concept of scarcity can significantly affect consumer’s behavior. In summer, this can be seen in limited-time offers on seasonal products like swimwear, garden equipment, or holiday packages, which creates a sense of urgency. Highlighting the limited availability of these items can drive consumers to make quicker and more impulsive purchasing decisions to avoid missing out. 

Social Influences 

Summer is a season of high social activity. Barbecues, vacations, and social gatherings are frequent. This increases the influence of social proof during summer shopping. Social proof shows where consumers are more likely to purchase items that they see being enjoyed by others. Brands can enhance social selling by featuring real customer testimonials, user-generated content, and influencer partnerships. Overall, these strategies showcase their products in real life social settings.  

Maximizing Summer Shopping Opportunities

Understanding the psychological driver behind summer shopping can help businesses craft strategies that resonate with seasonal consumer moods and trends, and ultimately build sales.

Content Marketing for Small Businesses

You’ve likely heard the term “content marketing” with increasing frequency, though you may or may not understand exactly what it means. We’re here to uncover exactly what it is. Why it has the potential to be a highly valuable part of your small business’s overall marketing strategy. And finally, what practical tips you should keep in mind as you begin to test the content waters. After all, content marketing builds trust with your consumers, and that leads to sales and growth.

What Exactly Is Content Marketing?

Joe Pulizzi, one of the godfathers of this modern marketing practice, offers this formal definition in his book Epic Content Marketing:

“The marketing and business process for creating and distributing valuable and compelling content to attract, acquire, and engage a clearly defined and understood target audience — with the objective of driving profitable customer action.”

~Joe Pulizzi

The main takeaway here should be the term valuable. Doing marketing this way is all about focusing less on communicating information about your business. It is more about the informational needs of your target audience — like solving their problems. It is also concerned with the means by which you share that information using tactics such as blogs, newsletters and social media.

Where traditional market relies on “renting” media — think print or digital ads — content marketing aims to own media, like newsletters and blogs. We have previously detailed the steps you can take to start content marketing next year, to build your business. Front Porch executes monthly newsletters, blogs and other content marketing tactics for several of our clients to help them build their customer base and grow their companies.

What Is The Value of This Type of Marketing?

At its core, Pulizzi conceives of this type of marketing as a “strategy focused on the creation of a valuable experience.” In this way it is the future of marketing. Consumers are becoming increasingly disillusioned with transactional interactions. They are instead opting to build relationships with brands they love. From a business perspective, it means attracting and retaining customers by creating a dialogue with your audience. Open up communication with your target audience in this way. Then you can continually refine your approach and product using first-party data.

Practical Tips

As you create a strategy it’s important to invest in writers and strategists. They can produce high-quality content that will resonate with your target audience. If building out a content team inside your company is not currently within your budget, don’t fret. You’ll need to create brand and content guidelines that can be shared with marketing firms like ours, to ensure consistency.

Front Porch acts as a supplement to many of our clients’ in-house marketing teams. Pro-tip: The majority of your website traffic resulting from content marketing like blogs and newsletters is likely to come from a mobile device. So be sure to make mobile your top channel strategy.

If we can help you set-up and maintain content marketing for you, just holler!

On the Porch, we are honored to market brands at different stages, from marketing plan to exit plan. We partner with businesses in start-up, growth, established and exit stages. Our team recently celebrated a business owner whose brand we evolved. This business owner sold the business to a larger company. When this happens, we take great pride in the role we had on the journey. We tangibly helped that owner and business reach their end game.

So how does marketing change at the different stages of a business? Just like a person growing from a baby to an adult, your business has different needs at every age to thrive.

Start-up Stage Marketing

Branding is paramount in this phase. Brand architecture and identity development are critical out of the gate. Once that is complete, the rest flows from there. The foundational collateral, like business cards, letterhead, and the like are developed. After that, website development and digital strategy follow.

Growth Stage Marketing

Businesses in the growth stage come to us as they are looking to target a new demographic or geography. They may expand their product or service offerings. Or the business owner wants to grow existing business. Typically, a new marketing strategy and execution are developed. This involves increasing existing marketing spend. Sometimes, rebranding is needed.

Established Stage Marketing

Your brand is established. But growth is still a desired outcome. How can you market differently at this stage to stay relevant? Updated market research and consistent data analysis are critical. Now may be the time to take risks. What haven’t you done? How can you push the envelope on creative or campaigns? Are your current marketing initiatives consistent? Do you need a brand audit?

Exit Stage Marketing

Ready to position your brand for living on its own, without you at the helm? Although it may seem counterintuitive, now is the time to invest in your brand. First, revamp your marketing strategy. Next, follow industry best practices. It is critical to be the brand authority. Then, increase brand awareness, all the while increase sales. Finally, audit marketing content. How is your website UX/UI? Do you have technical gaps? Make sure sales and marketing are aligned.

What stage is your business in?

Don’t know which one of the different stages your business is in? Let us help. However, if you do know, we can also be your branding and marketing partner. We take pride in our relationships with brands. And we are honored to work with smart, innovative business owners and leaders. So let us help you reach your end game however you define it.

Establish the 2024 Marketing Plan for Your Business

The fourth quarter is 2024 marketing plan time. And there is still time to accomplish this important business exercise to cultivate growth in your business. Are you ready for 2024? On the Porch, marketing plan meetings are set with clients through early December to get ‘er done. It keeps the business and team focused. Save valuable resources — time and money — by creating yours now. Holler if Front Porch Marketing can help!

Marketing Plans 101

So, where to start? We would be happy to help, of course. But, if you want to tackle it on your own, let us help entertain you.

1. Start by asking yourself the question “What are your 2024 business goals?” Marketing plans should align with what your business is trying to achieve.
2. Then, based on projected 2024 revenue, budget a percentage of that revenue for marketing to meet growth targets. Research shows that on average companies are budgeting 9–10% for this purpose, for the second year in a row, for a variety of marketing activities. Protip: companies trying to gain market share are allocating more even in these uncertain times.
3. Once the marketing budget has been inked, set your marketing goals. Goals should always be measurable and be able to be tracked on a monthly or quarterly basis. Measuring your progress is important! Define how success will be measured.
4. Next, analyze your company’s situation and create or update the SWOT analysis. And then, analyze where competitors sit within the space. Then, define or redefine the target clients or customers.

Bring Your Marketing Plan to Life

Now that you have the start of a marketing plan written, think about how you will fulfill it. Set your marketing strategies. Strategies are long-term and create the pathway through to the business’s mission. They drive all of the marketing activities.

Next, define your marketing tactics. Will you be using advertising? Social media? Media relations? How will you execute against your strategy? Tactics are more detailed and have a shorter time frame. And tactics are action oriented. Think of tactics as the answer to how strategies will come to life. Are there tools in place for reporting on your company’s tactical success? Who is responsible for reporting and measurement? Set your structure in place for next year.

Finally, create a marketing timeline for all these activities. What needs to be completed and when? Make notes on who is responsible for tactical execution and when.

Review What Worked and What Didn’t in 2023 to Make 2024 Better

Make sure to revisit the marketing plan from time to time. Audit last year’s efforts, and this year’s efforts to gain insight on what to do better next year. Some folks do it quarterly, some more frequently. And cheers to your business success through strategic, thoughtful branding, marketing, advertising and marketing communication in 2024!

A few types of social media marketing

Content Marketing/Content Creating: This is where a company will make content and share it on a social media platform. It can be anything from a podcast, videos, emails, etc. These messages are personal and should help the company achieve its objectives and reach a specific audience.

Advertising/Sponsorship: This is a more formal way of using social media. It is a non-personal message that promotes, or sells a product, service, or concept. You are able to create and place the exact message you want.

Influencer Marketing: This is where a company can use a social media influencer to help promote their product. This influencer is trusted and has a loyal audience, so when they share the product, it raises brand visibility.

Check out this article about 10 different types of social media to learn about other types of social media marketing.

Which type of Marketing high schoolers respond to the best

Overall, most high schoolers respond best to Influencer Marketing or Content Creating/Content Marketing, specifically on popular social media apps like TikTok or Instagram. Personally, I find traditional ads are easy to scroll past compared to an interesting video that grabs your attention. With influencer marketing, these content creators already have a following, making it a perfect place to promote. However, it is crucial to find a content creator that aligns with the idea for your product. Many beauty companies will pair up with a content creator that has an entire page on that specific topic, making it relevant on that page.

On the other hand, making original content for a company or a brand can be extremely successful. Many popular companies now have accounts on popular social media platforms and are active in many different ways. Some comment on posts that mention them or will repost videos made about them as well as making their own.

How to stand out

There are many ways to stand out as a company and gain traction through social media. I think one of the best ways are brand trips. Brand trips are when a company takes a group of influencers on an all-expense paid vacation. These trips always get a lot of attention and influencers spend the duration of it promoting the brand and what it sells. These have proven time and time again to be an effective way to bring attention to a company and product.

Another great way to bring attention to your brand is make a TikTok account. On average, high schoolers spend 113 minutes a day just on TikTok, significantly more than any other social media site. It can take a while to gain a following, so patience is important. Once an account reaches a point of success, they typically continue to grow.

How Can Lead Generation Benefit Your Business?

Good question! You’ve heard about “Lead Generation” but aren’t sure what that is, how to do it, or if it can help you build your business, right? As a marketing firm that works on lead generation strategies and programs all the time, we’re here to answer your questions. So ask yourself these questions next:

1. Interested in investing in the expertise of what a strategic, seasoned marketing partner can provide for your overall brand? Good. Read further.
2. Ready to invest the resources, time, money, etc. to get there? Better.
3. Know that the fundamentals of a brand architecture, brand strategy, message map, creative brief are key? Your competition and target customer are defined? Best.

Over the past two weeks, we have had new prospects reach out to us regarding lead generation. So, let’s rap about that specifically.

Let’s Get Started

What is it? Lead generation is the process of attracting and engaging your target audience. And then, converting them to customers. Engage your prospects. Build relationships. Turn leads into loyal customers. And loyal customers translate into sales.

Lead Generation Winning Strategies

There are lots. There is no silver bullet, one size fits all. Once all documents are reviewed and goals and target are considered, we recommend the right strategy for each business we work with at Front Porch Marketing.

Let’s name a few:

• Content Marketing. This really should be part of any of the processes below. It hits many buckets: social media, website, SEO and inbound marketing. Providing consistent, relevant content of value and establishing cred and authority with your prospects.
• Conversion Rate Optimization (CRO) and on page. This has to do with your website. Think forms, widgets and pop-ups to attract website visitors and produce leads by collecting information like email addresses for follow-up, or addition to a monthly newsletter.
• Customer Relationship Management (CRM). Platforms and tools — i.e. LinkedIn Sales Navigator, PipeDrive, Salesforce, ZoomInfo — can help identify and reach the optimal target audience for your business. Once you reach your audience these tools also help you nurture them. Turn them into loyal customers via email, SMS and other one-on-one relationship building communications.

What’s Your Next Step?

Our clients reap success using these strategies and tools. We can share success stories related to any of the bullets above. And, we are here to help you. Let us implement a repeatable process of lead generation and then scale it with strategies and tactics to grow your topline.

LinkedIn mistakes can be avoided with careful branding and strategy.

LinkedIn continues to be a powerful tool for brands, B2B, B2C and nonprofits, as well as business leaders — and instead of LinkedIn mistakes your company can make LinkedIn a tool for driving your bottom line. Often, companies and nonprofits as well as business leaders approach us to partner with them on LinkedIn strategies and execution. But a few things need to be in place before we start.

When and How to Get Started With LinkedIn

Front Porch Marketing first looks at the brand architecture, target audiences, and competitive environment. For a LinkedIn strategy to be successful, there has to be a good marketing foundation. Therefore, if the branding and strategy isn’t right to begin with, we will not be able to help. We believe in being stewards of our Clients’ budgets and brands, so we consider a one-off LinkedIn initiative to be shooting money into the wind. And that LinkedIn mistake isn’t brand- or thought-leader building.

With that said, these are the five most common LinkedIn mistakes we are seeing companies make right now:

1. Brand pages reposting individuals’ content on its feed

Individuals should share brand content on their feed not the other way around. Content should lead back to the brand.

2. Brand pages posting once or maybe two times a month is a LinkedIn mistake

People cannot see the posts without regular consistency. Be consistent to create connections with your audience.

3. Brand pages only posting what is happening with the company

But what’s in it for your followers? To be truly successful on LinkedIn, provide value and insights no matter where they come from. It’s not what’s all about you you you.

4. Brand pages are not being social

LinkedIn members are commenting and liking your posts. Are you engaging them and doing the same in return? Talk to your followers and this will lead to insights that will inform future content.

5. Business leaders are not convicted about the network

They say that people are only trying to sell me things, or that social media is a waste of time. And the worst of all, *that* isn’t worth sharing. Your followers want to know more about your company, what it stands for, how it can help them, what it’s like to work there and more. LinkedIn is not a mistake — it’s a platform for engaging with your employees, your future employees, your peers and the larger business world.

Want to chat more about LinkedIn, and not make a LinkedIn mistake?

We are happy to do so, to help your company understand how LinkedIn can be a business-driving tool for their industry online. Let’s have a real conversation on the Porch.

Front Porch Marketing is now 12 years old, thanks to you. What are our marketing take-aways from the past 12 years? We value your support and confidence in us over the years! You and your brands are our jam.

Marketing Take-Aways to Help Your Business Grow

Reflecting back on client trends and opportunities, on our pearl anniversary, we share common pearls of wisdom we saw at the beginning and continue to see today. We hope these marketing take-aways spur some thinking for you!

1. DIY Marketing

It only gets a brand so far. And, once your brand is established and has credibility, DIY marketing is no longer good enough. Time to take your garage band to the main stage. Hire a professional or firm.

2. Hiring One Marketing Person to Do All the Marketing Things

There are only a handful of unicorns on the planet that can do all the things marketing. If you go this route, know they need support. A marketing generalist isn’t your graphic designer, copywriter, webmaster, etc. Give them the resources they need to do their jobs.

3. B2B Websites

We hear from business owners their websites aren’t a priority and aren’t a sales and marketing tool. Not true. What we see most often is that you aren’t closing the sale or getting to the next round of meetings because you are getting the veto vote when potential clients go to your website to validate your credibility. Important marketing take-away: your website is your virtual office. Optimize it!

4. Marketing Take-Away for CEOs, C-Suite Executives or Managing Partners

Your role is strategy, operations, finances, and managing people. We have experienced too many times when you want to get too far in the weeds managing marketing. At that point, bottlenecks happen and marketing doesn’t happen at its best or consistently.

5. Brand Architecture

Without brand architecture, your branding is inconsistent. Define your brand mission, personality, positioning and affiliation. Let all things marketing flow from there. This becomes the filter and guidepost for branding and marketing strategy as well as execution.

6. Shiny Objects

You have Salesforce, but your team isn’t utilizing it. Then you get Hootsuite and ZoomInfo and, and, and. Stop right there. Marketing operations take-away: Make sure whatever technology you currently have is being utilized to its fullest. Then, if needed, build upon that with other tools.

Marketing Take-Aways to Take You Through the Next 12 Years

Cheers to you! Thank you for trusting in us, believing in us and getting us to our 12^th anniversary. Without your support, we wouldn’t be rockin’ on the Porch today and lovin’ every minute of it. We hope these 6 marketing take-aways will be helpful for your business as we grow together over the next dozen years!

Front Porch has currently four clients, both business to business (B2B) and business to consumer (B2C), with paid digital media campaigns ads and paid social media running. These clients are across different industries from financial and non-profits to insurance and ecommerce. These clients’ marketing strategies include paid digital media advertising because it works for them. We recommended integrating your digital marketing with your brand strategy as part of your overall marketing plan.

Maximizing A Digital Media Budget

Our digital ad philosophy is to consider what formats deliver the maximum opportunities possible for the budget available, to an audience most likely to be interested. This approach maximizes the resources of our clients.

Here is a sampling of paid digital media advertising tools that we are using currently to serve our clients in this space:

• Social – Ads served on Facebook, Instagram and LinkedIn to build awareness, build relationships with the audience, and drive traffic to a website
• Digital Banner Ads – Ads served through browsers and in-app to build frequency and drive traffic to a website
• Streaming Audio – Ads served within music and/or podcast content cross-device, including smart speakers

How We Determine A Plan’s Effectiveness

So, what is the predicted ROI of a paid digital media advertising campaign? When the campaign is for business to business, not an “exit now for cheeseburgers”, it is trickier to predict. But this is how we view the situation, and read our analytics.

Here’s an example for a paid digital advertising campaign for a service business client of ours. Our standard average CTR (click-thru rate), which is the number of clicks an ad receives divided by the number of times it is shown, is typically .03-.05% for digital ad campaigns. (Social and Native can trend higher with more mobile impressions than Banner Ads served computers.)

So a digital media plan with about 1MM impressions per month would generate 300-500 clicks. These are the customers that click and come to our client’s website. But, the bounce rate can be high in the 90%. Bounce rate refers to the percentage of visitors to a particular website who navigate away from the site after viewing only one page. Thus with 300-500 clicks, this leaves 30-50 quality prospects per month. Which is a fantastic number for our service client.

If you’d like to know more about how a paid digital media plan might work for your business, just ask!