Some of you were looking for me, Peter O’Neill, at Forrester’s IT Forum 2011 in Las Vegas last week. My apologies; I was originally advertised as speaking at this event, but we decided to keep me in Europe after all, where I contributed to the first of a series of two-day partner trainings being run by Dell around the region (see my previous blog post on the topic). I will definitely be at the Forrester’s IT Forum EMEA 2011 in Barcelona next week though: I have four presentations to make and look forward to many interesting one-on-ones with tech marketers in between that packed schedule.
I wasn’t too upset about missing Las Vegas; ‘tis not my favorite place — did you know that I am invited to visit Las Vegas around six times a year? Clearly, I cannot attend everything as I must also do my day job: working inquiries, writing reports, and providing advisory; so my rule is to visit each vendor’s event every two years. Missing Las Vegas also meant I could go to the Ariba Live 2011 customer conference in London last Wednesday, which fascinated me because Ariba was one of the software vendors I worked with very closely back in my HP days in the late 90s. I was involved in several exciting eBusiness joint ventures then (BroadVision, Intershop Communications, and Yahoo were my other projects) most of which were really too visionary for those times. Ariba’s, and HP’s, vision was of an electronic procurement process running as an intranet application supported by Internet-wide directories and exchanges of suppliers.
This is Peter O'Neill (often the name is not displayed when you get a blog alert). I was in Austin, Texas, last week, meeting Dell executives at their 2011 Analyst Conference. We analysts always compare notes and discuss our impressions at these meetings and we were pretty unanimous this time about Dell’s consistency and clarity of message. Some of my illustrious research colleagues were quicker than I in documenting our impressions, so I’d refer you to Ray Wang’s comments. Colleague Roger Kay even got his blog into Forbes.com! My personal highlight was the fact that the whole event was introduced and moderated by Dell’s SVP and chief marketing officer, Karen Quintos. This is not a given at these events — often I get the impression that marketing is not really part of the vendor’s story or strategy at all. Karen even had a keynote presentation on her plans for the Dell brand and marketing initiatives in 2011 — I have never heard the word “brand” used so often by a tech vendor in the B2B context. Kudos to Karen.
This is Peter O’Neill and I had a very busy Forrester Marketing Forum last week in San Francisco: two presentations (well, two halves, I suppose, because I was the co-presenter) plus dozens of one-on-ones with Forrester clients. While I would have preferred to talk about differentiation in the customer lifecycle, the theme of my first Forum presentation and my most recent report, the incorporation of social media into the marketing mix continues to be the hottest topic for most tech marketers. It was exciting to be able to share our brand new Tech Buyer Social Technographics data which has just come in. BTW, the level of social media activity in European buyers is still ahead of American buyers – I will be presenting the European data in my planned Forrester teleconferences on May 9th: once in German for local clients, prospects and press; and once in English for other Forrester clients.
As you’d expect from a Forrester analyst, this is Peter O'Neill by the way, I travel a lot— about 40% of my working days. But it is also amazing how a full week spent in the home office can still feel so busy! These days, social media keeps you in the discussion mainstream – perhaps even more so than if you are on the road because you have more time to engage. Bob Apollo, at the UK-based consultancy even tweeted me privately this week with the message, “And you a VP at Forrester, reading my stuff, an 'umble blogger... I'm not worthy...” after I told him that I enjoyed his tweets and found them useful. Well, even as a fully fledged analyst for tech marketers, I continue to be eager to learn from anybody else. And I do this without any fear of appearing to copy others — here in Germany a popular government minister has now resigned because he plagiarized the majority of his doctorate dissertation years ago; bad enough itself, but he initially denied it when discovered.
I was invited to speak at the annual Distree XXL event in Monte Carlo last week. Now in its ninth year, Distree XXL gathers together top executives from tech industry vendors and distributors plus, in recent years, retailers from around EMEA for three days that include a trade show, presentation sessions, and meetings to discuss industry-specific channel topics. The 2011 event drew 950 delegates from 127 tech vendors and over 400 distributors. One of the event highlights for everybody is a process to request and set up formal one-on-one meetings between the various players, similar to our own one-on-one sessions at the Forrester Forums (only their software is better). A total of 5,000 such sessions were scheduled: some at tables in larger rooms around the trade show, many others in private meeting rooms elsewhere in the conference center.
The keynote presentation I gave was a clone of my recent Forrester Teleconference , where I use the word “changes” both as a noun and a verb: I describe what changes we see happening in the channel due to recent industry trends, and I propose how channel resellers and distributors must also change their business model for continued success. The most common comment I heard from attendees after I presented was, “It was good to hear somebody outside our business make these points. We’ve been discussing this for a while now, but not everybody is convinced this is happening or knows what to do about it.” I must say, I have never, ever collected so many business cards after a presentation where I must follow up by sending slides as well as two relevant reports (one on channel resellers and one on distributors) by my esteemed colleague Tim Harmon and myself.
It is January, 2015, and technology sales reps Reg, Xerxes, Francis, and Loretta have been to the movies to watch a rerun of Monty Python’s Life of Brian, probably one of the best film comedies of any time. At dinner afterward, they are reliving the scene where the commandos discuss “what did the Romans ever do for us” when one of their marketing colleagues stops by to say hello. After the marketing manager leaves, they continue their discussion.
Now there’s another point. Those people in marketing. What have they ever done for us?!
Well, they give us much better leads now.
Yes. Compared to before, they’re really qualified. I can certainly close my deals much quicker than I used to. To be honest, I didn’t even look at leads five years ago — they were a waste of my time.
Oh. Yeah, yeah. They did give us that. Uh, that's true. Yeah.
And those contact profiles.
Oh, yeah, the contact profiles. Remember what it used to be like? We’d have no idea who we were visiting. Had to ask all those questions about family and hobbies. Now, before I see someone, marketing give me a full profile — I see their Facebook, I know how LinkedIn they are. I even see their last 20 tweets.
Yeah. All right. I'll grant you: Leads and the contact profiles are two things that marketing has done for us.
Now here is some “earned media” for Cisco. In the context of full disclosure, let me first say that Cisco invited me to its Partner Velocity conference in Barcelona last week, full expenses paid. I stopped by for two nights and one day while traveling home to Stuttgart after a client workshop and meetings in Paris. But this is earned, not paid, media because I was truly excited by what I saw and heard. I’d like to share it with all of you tech marketers; whether you are at Cisco, or a competitor, or a partner-player in one or more of the ecosystems in our industry, you need to sit up and take notice of this event. To close my first point — a trip to Barcelona may sound attractive, enough to merit a “reward” for any organization that took me there. But I actually turn down more than 60% of my briefing and event invitations: I have to produce work as well (and who wants to go to Las Vegas eight times a year). And I certainly do not promise anybody that I will write any type of reports in return.
This was Cisco’s third Partner Velocity conference, and I’d heard great things about it from its partners, so I was eager to see what would happen. This is a conference for partners worldwide (first held in the US, last year’s was in Paris) and here’s the reason I was excited: Its focus was purely on MARKETING. Nobody presented about Cisco products, the sessions had titles such as:
Stand out and move up while your competition fails.
Effective paid search strategies.
How to build engaging customer relationships through CRM.
How to design a lead nurturing program that drives sales.
I am writing this blog sitting comfortably in an ICE express train travelling from Berlin, where I have just spoken and, more importantly, listened at the B2B Marketing Europe conference, where the conference motto was “Next Generation Marketing.” This two-day conference offered a truly inspirational mixture of presentations by:
B2B marketing gurus Chris Brogan and Rick Segal. Chris, who is president of New Marketing Labs, stood up front for 45 minutes with neither notes nor slides and casually threw out dozens of valuable comments, tips, and examples taken from his latest marketing 2.0 tome, Trust Agents. Rick is the founder and chief practice officer of GyroHSR, a firm that has won 20 Agency of the Year awards over the past 15 years from Advertising Age, BtoB magazine, and the Business Marketing Association, and he is the exact opposite of any of the characters in Mad Men. Rick explained how work and private activities are now really mixed up — people no longer go to work physically; they switch on the work state of mind anywhere and at any time, which means that marketing to this audience must change. It is one of Rick’s insights that I’ve cited in the title of this post, and his concept of “the new @work state of mind” makes Forrester’s data on tech buyer Social Technographics® so obvious and logical (I presented the European data at the conference). From now on, I will be using his concept whenever tech vendor clients doubt our numbers on how socially active their customers are.
We are currently cranking the data collected in our 2010 Marketing Organization and Investment survey, and the results already look spectacularly significant. So, over the next months, we’ll be reporting and commenting on how tech marketing organizations are assigning priorities and allocating their budgets for 2011. We have even designed a benchmark framework where we can compare various tech vendors’ marketing spends against each other (small versus large, country versus country, market versus market, previous year versus next year) and make some calls for you. And this year’s survey includes vendors headquartered in Europe as well!
For me, the most important data point in last year’s survey was the background of tech vendor CMOs, especially product vendors. Twenty-eight percent of those CMOs have an engineering background, and another 15% are from sales. With all respect, neither background is an optimal preparation to be running marketing in today’s tech industry — where IT is now BT, customers care less about speeds and feeds and more about business outcomes, and brand and multichannel experience count as much as in other industries. I’ll be talking about this at Forrester’s Marketing & Strategy Forum EMEA in London on November 18–19 in my “Marketing Is the New Differentiation in the Tech Industry” presentation.