2012 Tech Marketing Priorities – From 50 Tech Marketing Execs

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Stephen Davidson

Understanding the priorities of fellow tech marketers is a great way to tune one’s own 2012 initiatives.   Over the past two months, my Forrester Technology Council colleagues and I have spent quite a bit of time surveying and talking with members (~ 50 tech CMO’s and VP’s of Marketing) about their priorities for 2012.  Before the champagne pops up here in Boston, I wanted to share a few of the priorities my colleagues and I are hearing most about for 2012:

  • Demand management wins out across the board.   In years past, the top priority for our tech marketing members centered around "driving leads into the funnel."  In 2012, tech marketing execs still care about driving leads, but there is an increased desire to trade lead volume for better lead quality.   Quality that comes from strong nurturing activities to help leads move from the top of funnel into the middle and ultimately into a position where they are "sales-ready."  A vocal number of members expressed commitment to building a more comprehensive demand management process where they would balance their lead nurturing and lead generation initiatives appropriately.  
  • Brand/rebranding comes into vogue.  Many of our members have put brand and/or rebranding at the top of their lists for 2012.  The need to create greater market differentiation against competitors and to build market awareness in new markets (e.g. verticals, geographies) were cited as the top reasons for steering funds, resources and time in brand or rebranding initiatives.     
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It's Time To Take A Stand . . . In Your Marketing

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Jeff Ernst

When marketing leaders come to me looking for feedback on their messaging and value proposition, it usually sounds like this (with blanks inserted to protect the guilty):

“We were founded in 19__. We’re the leading provider of _____ products serving the ____ industry. Our products are faster, more reliable, easier to use, more full-featured, and deliver better ROI than any of our competitors.” 

Painful to listen to. Marketers have to realize that in the age of the customer, business buyers don’t “buy” your product; they “buy into” your approach to solving their problem. Read that last sentence again. Your products aren’t as unique as you think. In fact, in most markets, the products and services are fairly commoditized. Buyers want to do business with firms that share their outlook on the world and have philosophies on solving key problems that align with their own. Yet so many marketers only talk about their features and benefits.

What do you do about it? Establishing a position of thought leadership in your market is becoming the next arena for differentiation in B2B marketing. When done right, thought leadership marketing is a way to stand out from the competition, create interest, and earn the trust of potential buyers early in their problem-solving process.

Of course, it is easier said than done. Many companies already practice content marketing, but thought leadership marketing takes it much further:

  • It doesn’t just educate people on an issue; it provides your firm’s strong point of view and insightful thinking on the issue. It is provocative, challenging conventional thinking.
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Four Counterintuitive Mindset Shifts Required To Advance State Of Demand Generation

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Jeff Ernst

When I was asked to give a keynote at DemandCon on the past, present, and future of demand generation, I wondered what new wisdom I could share about the past and present. We've all lived it; we all know how bad marketing and sales teams have been at generating demand. So I shared some research data that validates what we know about the poor current state and then shared four counterinituitive mindset shifts that marketing and sales leaders need to make if they want their future to be rosier than today:

  • Fight funnel vision.
  • Stop trying to align marketing with sales.
  • Don't talk about what you do.
  • Take a stand.

You can watch the presentation, or click Watch A Segment to go directly to The Future:

Thought Leaders Are Good Story-Tellers

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Tom Grant

Since there's no systematized, look-it-up-in-your-economics-textbook definition of thought leadership, people generally lapse into metaphor when they try to describe the concept. The language usually gets very Joseph Campbell-ish. Thought leaders might be visionaries, Delphic conduits into some shared future. Or, they might be heroic trailblazers, clearing a path into places that no one knew existed, or they were afraid to venture.

Our recent research into thought leadership points to a different metaphor. Thought leaders are not seers, like Cassandra or the Sibyl. They're closer to trailblazers or founders, like Romulus or (less mythologically) Alexander the Great. But even that's not exactly right, since thought leadership depends critically on communication. Alexander got a lot of good press; Cyrus the Great, the founder of the Achaemenid Persian Empire, got much less (at least in the West). As a result, people are still sifting through Alexander's career for nuggets about successful leadership. Cyrus the Great? Not so much.

Thought leaders are, to a big extent, more like Homer than the people whom Homer chronicled. They're good story-tellers, which demands far more than relating a collection of incidents.

Just ask anyone reading a success story on a tech vendor's web site.

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SAS Shows How Thought Leadership Is The Art Of The Possible

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Tom Grant

Yesterday, I was talking with members of the SAS government team about recent developments, such as the state of their business, acquisitions (here's my take on one of those companies), and success stories. I was very, very happy that they wanted to devote the majority of time on the success stories, since you often get more insight from discussing how customers are using technology than running through the list of new features and functions.

Funny thing, that's exactly the conclusion of our research on thought leadership: If you want to be a thought leader, talk about how you've made people successful. Actually, there are more aspects of thought leadership, but success stories are a good place to start. Not only do they illustrate how a vendor can contribute to a project, but they also identify the types of projects worth pursuing.

SAS is involved in well-established, well-understood government activities, such as preventing fraud in corporate tax collection and social programs. It's also involved in far less established and understood areas, such as nipping new cybersecurity threats in the bud and dealing with recent IT requirements for health care. Not only are governments trying to figure out how to fit technology into their strategies for dealing with these new challenges, they're still figuring out the strategies.

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Doing Research In An Agile Fashion: A Retrospective

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Tom Grant

Our first application of Agile principles to the research process, which occurred during our study of thought leadership in the tech industry, was a very Agile-esque journey into the unknown. We learned a great deal that applies to future applications of Agile Research Development, so here's my retrospective.

You Can Be Agile Up To The Boundaries Of What You Control
Ultimately, you control only part of the value stream. This maxim holds true wherever you apply Agile, and software developers learn this principle right away. You can be the most disciplined developer imaginable, never checking in code that doesn't work, always building in tests, and still be at the mercy of your own QA team. And even if the larger team, including testers, works in blissful harmony, someone needs to deploy the code on a live system. (Which is why dev ops is receiving a lot of attention from within the Agile community these days. See Jez Humble's recent book for a good example.)

If a stream is an appropriate metaphor for value creation and delivery, then this stream always takes many twists and turns, frequently encountering dams and obstructions. The success of Agile, therefore, depends to a great extent on eliminating these kinks, navigating around them, or learning to accept them as part of the value stream's trajectory. 

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Thought Leadership: Measuring Our Success

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Tom Grant

Now that we've posted the outline for our study of thought leadership in the technology industry, it's a good time to take stock of our success so far. It's important to start the retrospection process, even if we're not completely done with the project yet, because we're using this study to pilot a different way of doing research. As we said in the document explaining this approach, Agile Research Development, we set the following goals (shown in order of priority):

  1. Ask the right questions.
  2. Enhance the quality of the answers.
  3. Maximize the voice of the customer.
  4. Make adjustments quickly.
  5. Be even more relevant to our clients.
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Thought Leadership: Outline Ready For Comments

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Tom Grant

For those of you who have been following our thought leadership research project, we're now in the final stages of this project. I've posted the proposed outline here for your comments. If you're not familiar with this project, here's the development document that summarizes the topic, working hypothesis, and research method. Also worth reading is this blog post, which explains why we're using this piece of research to pilot an Agile, community-based approach.

Realistically, comments will have an impact on the final document if you post them by the end of the week. After that, I'll be writing the actual document.

Also worth mention: in drafting the outline, I realized that some of our earlier work on B2B evaluation, selection, and adoption is applicable here. Expect to see a cameo appearance from some of that interesting research in this document.

Thought Leadership Open House: You're Invited!

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Tom Grant

As I said in my last blog post, we're looking for feedback on the questions we're asking about thought leadership in the technology industry. At the same time, we realized that it has been a while since we held an open house in Forrester's Foster City office. (If you're not aware, we did a few informal sessions for product managers and product marketers, to give people in that role an opportunity to talk amongst themselves about topics of interest, sprinkled with whatever useful information an analyst like myself can provide.) Suddenly, a spark leaped across the two neurons carrying these separate ideas.

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Thought Leadership: Welcome To Phase II Of Our Research

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Tom Grant

We're now in Phase II of our first venture into Agile Research Development, an investigation of thought leadership in the technology industry. Phase II is when we start the actual primary research, and again, we're looking to the community for their help and guidance. The story so far:

  • Published the development document, which explains how we'll proceed. Supporting documents, such as this overview of Agile Research Development, are also part of the project dossier.
  • Incorporated feedback from the community into the development document. Many thanks to everyone who provided suggestions and criticisms of the original research plan, as described in the development document. In fact, if you haven't read the comments on the development document, I strongly recommend that you do. There are some real nuggets in there about a thought leadership, a topic of vital importance to tech vendors, their partners, and their customers.
  • Drafted the interview guide. We now have a list of questions that we'll ask the interviewees, including both vendors and customers.

How You Can Help
First, we need another round of review. This time, we're looking for your feedback on the interview guide. Are these the questions you want answered? Have we missed anything? I've annotated the interview guide to explain some of the reasoning behind the current draft, which is my way of getting the discussion going.

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