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B2B marketing fundamentals upended: Bain-B2B Institute study consigns traditional lead gen, KPIs, metrics to bin as ‘hidden buyers’ missed, trillions lost

B2B buyers across 515 brands – including Tesla, PepsiCo, Delta, Pfizer, Hyatt and Comcast – add heft to a growing body of evidence that B2B marketing is literally missing half of decision-makers and losing trillions of dollars in deals annually as a result. The Bain-backed study, by LinkedIn-funded think tank The B2B Institute, suggests “hidden buyers” influence half of the buying process and have very different requirements from target buyers. They don’t care about features, it’s all about downside risk management, AKA backside covering. It means lead generation, measurement, KPIs and fundamentally, brand-performance strategies are all wrong. Those that flip the model and think of B2B marketing as “buyer group marketing” and brand as “deal risk insurance” will unlock massive upside, fast, say B2B Institute founder Jann Martin Schwarz and EMEA and LatAm lead, Mimi Turner. Schwarz is staking his reputation on it.

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ACCC highlights key themes for final Digital Platform Services Inquiry report

The Australian Competition and Consumer Commission (ACCC) has highlighted legislative and regulatory developments, key trends, and potential and emerging competition and consumer issues as the key focus areas of the tenth and final report of the Digital Platform Services Inquiry, due in March 2025.

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Environment Victoria, Comms Declare follow up Masterchef Australia’s gas sponsorship criciticisms with report alleging industry’s detrimental impact on energy users

Environment Victoria and Comms Declare is continuing its fight against Australia’s energy sector, releasing a new report titled alleging the gas industry is working against the interests of energy users. It comes as YouGov commissioned research shows nearly three in four voters supporting health warnings on gas appliances and 63% want eco labels on appliance advertising.

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The big squeeze: Freedom Furniture, ING, Menulog, SPC CMOs unpack what they will and won’t do to get through FY25

Freedom Furniture GM of marketing, Jason Piggott, sees it as a see-saw: “Adjusting the now, while still keeping an eye on the future”. Marketers from across industry sectors are all too aware of the impact ongoing economic uncertainty and cost-of-living woes are having on customers’ hip pockets, sales and salience. But marketers at Freedom, ING, SPC and Menulog are largely sticking to their guns when it comes to the way they plan out their FY25 budgets, key initiatives and how they manage agency partnerships.

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