B2B Purchasers Are Consuming More Content Before Buying

B2B Purchasers Are Consuming More Content Before Buying

by , October 1, 2021

B2B Purchasers Are Consuming More Content Before Buying | DeviceDaily.com

B2B buyers are warier than they were before the pandemic — at least in Great Britain, but probably in the U.S., too, judging by B2B Buyer Insights, a new study by durhamlane in partnership with Cyance. 

Of the 80 buyers polled, 50% are consuming and marketing content than they did before 2020. But 79% report that they are served irrelevant content from vendors despite spending more time researching purchases.  

In addition, 47% face more budget resistance. And 60% say purchase decisions are affected by shifting business priorities.

Worse, 58% agree with the statement that purchase decisions are more likely to be put on hold due to changing priorities, 9% strongly so, and 49% ay the same about potential buys. 

But 45% rely on word of mouth and referrals, and 51% spend more time evaluating and analyzing before making a decision.  

Of note to email marketers tasked with delivering content through the funnel is that 60% of buyers “find it helpful to receive relevant information form B2B throughout my buying journey,”

Here is what they expect of content: 

  • Educates me on how to overcome my challenges & solve points — 69% 
  • Resources tailored to the current stage of my buying journey — 53%
  • Helps me to make informed purchase decisions — 50% 
  • Information about features and functionality — 30%
  • Creative and hyper-personalized content — 26%

But barely more than 20% agree that most B2B vendors provide them with relevant information. Almost 50% disagree and the remainder are neutral.  

Sadly, over 80% agree that they share irrelevant information from vendors with decision-makers. 

Good B2B personalization achieves these goals, in this order:

  • Identifying & understanding the pains/challenges related to my job
  • Understanding my job role/function
  • Understanding the industry/sector I work in
  • Identifying recent changes or events related to my company
  • Personalizing digital marketing assets
  • Personalizing physical marketing assets
  • Identifying interests/hobbies related to my personal life. 

 

 

MediaPost.com: Search & Performance Marketing Daily

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