Growth
Hacking for B2B
If you are
an adept of the “Challenger Sales”, you should appreciate "growth hacking" because the secret sauce of growth hacking is plain and easy: Be
a rule breaker.
“Growth
hacking” produces great results when there is genuine and strong cooperation
between the sales, marketing and development departments.
I’m not
going to delve into the details of growth hacking strategy, per se. Instead,
I’m going to give you 6 customer acquisition tactics. (if you want to
know more on strategies there is a list of “must-read” at the end) – yes Jeremy…
reading! and not just watching YouTube videos.
Great Content!
Great start-ups are good at
storytelling and they know that acquiring customers start by interesting individuals
working for these companies who might research the market, your company or your
solution.
Tactics 1: Blog hack
With the
right content marketing strategy and quality blogs, you are guaranteed to generate higher traffic to your website, increase B2B leads and most importantly, sales.
These individuals you are targeting must find valuable information that will help
to improve your brand recognition and earn the trust of your target buyers.
The greater
the content you can provide for your target market, the better your chances of
influencing a sale.
One way to
do this is to attract external experts writing in your blog – they are many
tactics to employ such as asking relevant questions on specialised forums, but
my favourite is to ask an “expert” to be interviewed and featured in the company’s
blog.
Try to
interview a consultant from Gartner of Forester and see the result for
yourself!
Tactics 2: Content Upgrade
Once you
start to attract a good number of people on your blog start analysing the data
to identify the pages on your website that deliver the most organic search
traffic, ideally top-of-the-funnel content like top blog articles. You can do
this within your analytics platform.
Filter down on each page using the
built-in filter and then select to view the queries for that URL. Now
that you know what people are searching for to get to your content, you know
what they actually want.
This is
important because you can now create a content upgrade, with the purpose of
capturing contact information in return for access that relates directly to one
of these keywords.
According to
my marketing department, we scaled this specific test across around 10
different pages on the website and saw an average increase in conversion rate
of over 200%.
Tactics 3: Capturing buyers doing due diligence
Now the intent
is to capture the organic traffic that comes to your website with high
commercial intent, i.e., the visitor is actively looking to buy, is probably
the most valuable traffic you can generate.
In truth,
this kind of traffic is often much smaller in numbers than that coming from
more informational queries (e.g., “how to do…”).
Outside of
capturing people searching specifically for your brand name (if you are lucky
enough to have already a recognised brand name), there are a few types of tactics
that will often work well to target specific target segments.
Industry-Specific Pages
I am assuming
you did your homework and have already defined the target market segments you
are going after and the buyer personas within these markets you want to
attract.
What you
need to do is to match the keywords relating to your product against the market
segments you are targeting. Then you analyse them with Google Keyword Planner and
prioritise the keywords and start building web pages with content to target
each one.
SalesForce
is the “king” of industry-specific pages like: “CRM for Financial industry”, “CRM
for Healthcare”, “CRM for Retail” etc… They have entirely tailored the content
with the relevant keywords, used industry images and include industry-specific
testimonials.
The solution
is exactly the same – the message and content are utterly specific.
Feature-Specific Pages
These pages are
designed to help prospects during their buying journey – once they are interested,
they often look for more specific information on features you are providing.
- List out the main features
- For each feature – explain the problem it solves or the benefits it brings (very important)
- Use the relevant
keywords that people are searching for
- For each
principal feature – build a page packed with the relevant keywords
- Not only this will help buyers to get more technical information but also help us to be better ranked in search engines for keywords specific to the features of your product.
Tactic 4: Co-branding with Partners
If you have a channel
or technical partners, then create a co-branded piece of content promoting both
brands and it will dramatically increase the overall reach of the content as
well as leads generated.-
- Make a list of partners targeting similar audiences and complimentary to you
- Work on content together
- Create a landing page on each website
- Share out leads
Tactic 5: Answer Quora Questions
Generate qualified referral traffic
through to your website by answering relevant questions on Quora.com. This is a long-term play – but can
pay big -time.
Use a SEO tool and do a search on Quora
for relevant questions.
Answer the questions that make sense to
your business and remember not to sell too much – promote yourself as subject matter
expert. You can use links to your website but be careful Quora moderator can
remove your answer in no time. Preferably use links to testimonials.
Tactic 6: Republish Content to Medium
Boost your traffic by tapping into
Medium’s referral engine and give your existing content a second life.
Medium is pretty amazing. You can duplicate your content on Medium
and add canonical tag (your SEO will appreciate that) so that you do not
have to worry about content duplication.
Truthfully, there is very little to
lose in doing this. Medium's referral engine can get a lot of readers on your
content, so I'd recommend taking some of your content that you think will be
most suited to Medium and importing it.
There you are… 6 practical tips for growth hacking.
Of course, growth hacking is much more than this and includes many more activities. Honestly, growth hacking is so vast that I am learning new tricks every day.
Nonetheless, I hope I gave you a flavour of what can be done with growth hacking for B2B businesses.
Good hunt.
Of course, growth hacking is much more than this and includes many more activities. Honestly, growth hacking is so vast that I am learning new tricks every day.
Nonetheless, I hope I gave you a flavour of what can be done with growth hacking for B2B businesses.
Good hunt.
Some must-read:
-
The Growth
Handbook, Andrew Chen & Intercom-team
-
100 Days of
Growth, Sujan Patel
-
Lean
Analytics, Alistair Croll
-
Lean
Marketing for Startups, Sean Ellis
-
Don’t make
me think, door Steve Krug
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