As nearly 70% of companies involve 5
or more people in every buying process, understanding how to target each individual
effectively is never going to be straight-forward. What’s more, according to
our report Squib.Media of B2B Marketing Segmentation, 90% of business
professionals believe that there is usually or always one member of the
decision making unit (DMU) who will try to influence the decision to match
their own.
Building strong engagement with
a prospect is key. But have you ever achieved as much, only to see them
unexpectedly drop off or never progress? Could this perhaps be down to the
influence of others in the DMU or B2B Buying Committee?
With this in mind, we’ve
created 10 must-ask questions you need to consider to help tap into the psyche
of your B2B buyers…
Reading time: 4 minutes
Winning over
the DMU
By asking yourself the following
in relation to each DMU member, you can uncover valuable intel to give you a
significantly better chance of successfully winning them all over.
1. Who are they aiming to impress?
Retiring baby boomers are being replaced; 73% of millennials aged 20-35 are now involved in
product or service purchase decisions for businesses. They possess different
aspirations, values and beliefs – bringing their own fresh psyche to the
workplace.
Are they looking to impress
other members in the DMU? Their peers? Or maybe even their family? This new
generation of decision makers no longer care only about impressing those above.
Understanding who they are seeking approval from is often the first step to
discovering what is most important to them.
2. What struggles are they experiencing?
According to our first party
research conducted among our IFP IT community members, 37% of Heads of IT cite
Malware as a key challenge compared to only 12% of Directors. This is just one
example of how every DMU member faces different pain points, be it professional
or personal. Knowing what they are so that you can offer best-fit solutions is
vital.
3. How can your content help make their jobs easier?
Once you know the individual
pain points and daily struggles your individual DMU member faces, you can
design content that helps them overcome these challenges to make their
day-to-day role easier.
This can be anything from a
how-to-guide that helps them better streamline their processes or on-demand
webinars that troubleshoot common issues, to longer form whitepapers, analyst
reports and trend forecasts.
By providing the right content
in the most accessible formats, you can help your target DMU member do their
job more efficiently. This will help generate huge value to the member and
subsequently help build trust and brand loyalty.
4. Do they follow certain trends or topics?
58% of B2B marketers use intent data with the aim of
identifying early buyer interest. Understanding user intent by analyzing intent
data provides a good idea of what trends or topics individuals value the most.
Likewise, knowing what they have chosen to subscribe to can give strong
insights into their interests.
5. Are there patterns in the type of content they share on
their LinkedIn feed?
Do they share carefully chosen,
curated content? Or are they more inclined to post their own thought leadership
on LinkedIn? Do they share a lot or a little?
Understanding social media
behavior can provide intel into interests, struggles and areas they are looking
to explore. It can also indicate whether this channel will be a successful way
of communicating with them – i.e. if they are an active and engaged user.
6. What knowledge will make them stand out in front of peers
and other stakeholders?
Decision makers want to look
good in front of peers and stakeholders. Thought leadership, strategic input
and trend forecasting are all strong methods to achieving this when done right.
Focusing on valuable insights and knowledge required to meet their needs in
these areas can get individuals on board for the resulting sense of
gratification.
7. Who do they trust?
Identifying who each DMU member
chooses to confide in, or who they turn to for advice, is a great way of
gauging who they allow to have an influence on their decision making.
Do they turn to thought leaders?
Industry analysts? Peer groups? Someone else?
8. Who do they aspire to be in the future?
Are you looking at a future CEO
in the making? Might they aim to be a Director? Or a Thought Leader?
Once you know what they strive
for, you’ll get a good indication of their agenda and career goals. This can
reveal which shoes they’ll be looking to fill and who they’ll want to impress
to get there. It will also help you understand how best to target them by
knowing exactly where they want to be and how they’ll need to get there.
9. Which Tone of Voice (ToV) is most suitable?
When communicating to grasp
someone’s attention, you need to know the ToV they are most responsive to. Does
specialist terminology resonate best? Or accessible language? Do they prefer a
warm, friendly tone or one which is more authoritative? Every individual
communicates differently, so finding out their preferences can go a long way.
10. How can you make their decision making process simpler?
Many decision makers want an
easier life when given the difficult task of deciding what’s best for the
business. Simplifying decision making through a prescriptive approach or via a
nurture process could help streamline the process and make it less complicated
– win win.
Again, considering content
formats can also have an impact on the B2B decision making process. Providing
the right information in the most accessible way can remove some of the
complexity, helping your buyer fast-track through the evaluation process.
Sufficient
content is key
Failing to produce enough
content to directly address the priorities of all key stakeholders in the
buying process could see your efforts wasted later down the line. Discover what
appeals to each individual stakeholder and you can accurately plan your
communications to deliver the best content experiences – resulting in a
purchase.
Don’t let
other DMU members sway the decision…
Many individuals lead to one
powerful and coercive buying collective. If you’ve built strong engagement with
a prospect and seen them unexpectedly drop off, could this have been the result
of another DMU member’s involvement?
Make sure you appeal to ALL members
of the DMU by answering the 10 key questions above for every influential
stakeholder in the buying process.
For more best practice tips on unlocking the secrets of
targeting success, download our whitepaper: Squib.Media of B2B Marketing Segmentation.