What longer B2B decision-making cycles mean for digital marketing best practice
It’s a tough market out there with sales cycles continuing to lengthen over the past year
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What longer B2B decision-making cycles mean for digital marketing best practice
We have been hearing from our clients over the past few months that it’s a tough market out there for B2B sales (and by extension, B2B marketing).
Research backs up this anecdotal evidence, with B2B sales cycles continuing to lengthen over the past year.
For example, Dentsu’s B2B Superpowers Index has been tracking buying cycles since 2021, citing an increase of 54 days in average decision making time.
The reasons for this include economic uncertainty; more stakeholders making more collaborative decisions; deep, digital-first research; and the growing complexity of solutions – and the ecosystems into which new products and services have to integrate.
Nothing matters more than brand, specifically trust and expertise.
B2B marketers must focus on building their organisation’s brand credibility, elevating thought leaders, amplifying case studies, testimonials, contract wins and actively communicating their credentials as a good employer and global citizen.
In fact, that same research from Dentsu cited the following top three “decision drivers” for B2B sales:
To successfully support their peers in Sales, marketers must focus on brand content and brand-led communications to reassure and reinforce that their organisation is the right choice for prospects.
Our Top Tips
Long decision-making cycles require marketers to play the long game. Twelve-week campaigns won’t cut it when your customers need another 10 months to actually make their decision.
With all of the great content and thought leadership activity you are now set to do, don’t forget one of the most important paid strategies for getting that content in front of the customers that matter: retargeting.
At Sharp Ahead we view retargeting activity as foundational, one of the first campaigns we start running for our clients, and one of the last we turn down when times are tough and media budgets get reduced.
Each of the main media channels have their own ways of enabling and managing remarketing, and we strongly recommend having always on retargeting campaigns on the Google Display Network, LinkedIn, Meta and yes, we mean this, even TikTok.
Our Top Tips
If you need any help with any of the above, don’t forget that Sharp Ahead offer a free 30-min consultation to B2B brands serious about sharpening up their digital marketing.
It’s a tough market out there with sales cycles continuing to lengthen over the past year
The B2B buying journey is changing at a fast pace, and B2B marketers must evolve their brand’s digital footprint now or risk obscurity in this new world.
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