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		<title>The Sales and Marketing Catch 22</title>
		<link>https://carbondesign.com/2023/the-sales-and-marketing-catch-22/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Wed, 13 Dec 2023 23:09:24 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[catch 22]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15721</guid>

					<description><![CDATA[<p>As previously published on 12/11/23 in MarTech Catch-22, written by American author Joseph Heller, was published in 1961 and is often cited as one of the most significant novels of the 20th century.  Much of Heller&#8217;s prose in Catch-22 is circular and repetitive, highlighting in its form the structure of a “Catch 22.” Circular reasoning [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/the-sales-and-marketing-catch-22/">The Sales and Marketing Catch 22</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 12/11/23 in <a href="https://martech.org/7-ways-to-end-the-sales-and-marketing-catch-22/">MarTech</a></p>
<p><b><i>Catch-22</i></b><span style="font-weight: 400;">, written by American author </span><a href="https://en.wikipedia.org/wiki/Joseph_Heller"><span style="font-weight: 400;">Joseph Heller</span></a><span style="font-weight: 400;">, was published in 1961 and is often cited as one of the most significant novels of the 20th century.</span><span style="font-weight: 400;"> </span></p>
<p><span style="font-weight: 400;">Much of Heller&#8217;s prose in </span><i><span style="font-weight: 400;">Catch-22</span></i><span style="font-weight: 400;"> is circular and repetitive, highlighting in its form the structure of a “Catch 22.” Circular reasoning is widely used by some characters to justify their actions and opinions. In simple terms circular reasoning is often described as “if A is true because B is true, B is true because A is true.”</span></p>
<p><span style="font-weight: 400;">Modern day sales executives and marketers are caught in their own “Catch 22.”  A version of circular reasoning that says we need more marketing activity because we have more sales resources &#8212; we have more sales resources so we need more marketing. </span></p>
<p><span style="font-weight: 400;">Removed from the circle is the connection to real demand in the marketplace. It is a cycle that prevents both sides from seeing (or admitting)  the reality of the situation, which  is that we have built inefficiency and costs into the system.  </span></p>
<p><span style="font-weight: 400;">In a period of soft demand, like now (and probably 2024) investments in scaling sales and marketing efforts have led to a Catch 22 for both groups. </span></p>
<p><b><i>How did we get here?</i></b></p>
<p><span style="font-weight: 400;">A number of factors have led to the place we now find ourselves in B2B. The constant drumming in the ear of CMO’s to “scale” has caused them to focus on reach, at the expense of performance. </span></p>
<p><span style="font-weight: 400;">It has resulted in years of investment in scalable martech tools that have left marketing with the ability to create and execute massive outreach campaigns,  producing marginal results. </span></p>
<p><span style="font-weight: 400;">On the other side of the house, the output of those marketing efforts has to be sorted through like panning for gold. As a result, we have sales organizations that have added an enormous amount of headcount (SDR and BDR’s). </span></p>
<p><span style="font-weight: 400;">In some organizations, the reverse is true. Sales seeking growth have added low cost reps, and those reps need to be fed. As a result, marketing has  scaled its efforts to give them something to chase. </span></p>
<p><span style="font-weight: 400;">Now for the impact of the Catch 22. Marketing isn’t interested in cleansing the “leads” it’s producing at the risk  of not hitting  goals. Sales is not interested in narrowing its ICP to true buyers because of the legacy thinking of “more is better.” A bigger, broader playing field is always better.</span></p>
<p><span style="font-weight: 400;">Except it’s not, and now is the time to reset how sales and marketing operate. For many, budgets have been reduced leaving managers to do more with less in 2024. This presents a great opportunity to fix issues which have been created by the need for “scale.” </span></p>
<p><span style="font-weight: 400;">Here are 7 areas to fix next year that will reduce your costs and improve your effectiveness.  It will, however, it requires an honest conversation between sales and marketing. </span></p>
<p><b>The Fix</b><b></b></p>
<ul>
<li aria-level="1"><b>The MarTech stack</b><span style="font-weight: 400;"> &#8211; it’s time to evaluate tools by  what they produce (results), and not what they  track. Also, question – do you really need the scale they provide? This is an opportunity for cost savings. </span></li>
</ul>
<ul>
<li aria-level="1"><b>Outreach frequency</b><span style="font-weight: 400;"> &#8211; take a hard look at the performance you are getting in your campaigns and programs. Ask yourself, are you spamming audiences? Be honest. “Always on” doesn’t mean you’re going to catch someone in a buying cycle, in fact, you may cause them to ignore your efforts entirely when they are looking. Here’s the opportunity to improve performance. </span></li>
</ul>
<ul>
<li aria-level="1"><b>Lead routing and results</b><span style="font-weight: 400;"> &#8211; this one may be difficult. Evaluate what was routed to sales this past year and  examine the results. If you do this correctly, it should be painful. If your lead to conversation rate is below 20-30%, set that as the goal for 2024. This can reduce cost and improve performance.</span></li>
</ul>
<ul>
<li aria-level="1"><b>Evaluate headcount</b><span style="font-weight: 400;"> &#8211; if you do #3 correctly, it will reduce the number of MQL’s that reps need to follow up on. And that will lead to an honest look at the number of SDR/BDR needed. It may also reduce marketing headcount and marketing spend. </span></li>
</ul>
<ul>
<li aria-level="1"><b>Take the hard road </b><span style="font-weight: 400;">&#8211; there are two paths to performance and in the past, sales and marketing have taken the path of least resistance &#8211; volume. The other path is conversion,  which should be the focus for 2024. You can do more with less as long as you improve the quality of what is flowing through the pipeline. </span></li>
</ul>
<ul>
<li aria-level="1"><b>Refine your ICP</b><span style="font-weight: 400;"> &#8211; to improve pipeline conversion you need to increase the quality of your prospects. Go deeper into defining your target customer. Add categories that include; motivations, influence, and behaviors. This narrows your targets.</span></li>
<li aria-level="1"><b>Have the courage to scrutinize…everything</b><span style="font-weight: 400;"> &#8211; sales and marketing people, in general,  are “glass half full” kind of people. But, having that point of view doesn’t mean the glass isn’t also half empty. Sometimes you have to change your point of view to get better. Now is one of those times.  </span></li>
</ul>
<p><span style="font-weight: 400;">There is a lot of junk in the system sitting in both sales and marketing platforms. The new year offers an opportunity to clean it up.</span></p>
<p><span style="font-weight: 400;">Finally, I’m writing this piece for the CMO’s and CRO’s who like the characters in Heller’s novel trapped in a never ending cycle of despair with no relief in sight. </span></p>
<p><span style="font-weight: 400;">The only way out is for sales and marketing to work together. Marketing can’t improve performance if sales is still requiring it to hit an arbitrary target that keeps BDR/SDR’s busy. Sales has to come to the realization that more isn’t necessarily better. Better is better, and that means become lean and effective. </span></p>
<p><span style="font-weight: 400;">According to Hubspot, 23% of reps made or exceeded their quota last year. With demand down this year in most sectors, count on that percentage being even lower this year. It’s time to take a realistic look at the actual number of sales reps needed based on performance, not models. </span></p>
<p><span style="font-weight: 400;">If you cut reps, you can increase the probability of the remaining team making quota. Less reps require less feeding, and as a result, you can reduce marketing activities and budgets, while  increasing the quality of the outputs. Doing both, allows you to stop spinning in a circle. </span></p>
<p><span style="font-weight: 400;">Both groups  must  come to the realization that “A” is not true because of “B” and “B” is not true because “A.” </span></p>
<p><span style="font-weight: 400;">You don’t need more marketing, because you don’t need more sales reps. The ones you have aren’t making quota because there aren&#8217;t enough opportunities in the market, and you don’t need more marketing because there isn&#8217;t that much demand. </span></p>
<p><span style="font-weight: 400;">There I said it, now it’s out in the open. The circle can be broken. </span></p>
<p>The post <a href="https://carbondesign.com/2023/the-sales-and-marketing-catch-22/">The Sales and Marketing Catch 22</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>5 reasons why the martech landscape will reach its peak in 2024</title>
		<link>https://carbondesign.com/2023/5-reasons-why-the-martech-landscape-will-reach-its-peak-in-2024/</link>
					<comments>https://carbondesign.com/2023/5-reasons-why-the-martech-landscape-will-reach-its-peak-in-2024/#respond</comments>
		
		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Mon, 13 Nov 2023 23:34:38 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[MarTech]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15711</guid>

					<description><![CDATA[<p>As previously published on 11/9/23 in MarTech Investment is slowing, budgets are shrinking and generative AI threatens disruption. Here&#8217;s why 2024 may be a shakeup year for martech. One certainty for marketers over the last dozen years is that Scott Brinker’s martech landscape map would grow. The map, which started in 2011 with only 150 [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/5-reasons-why-the-martech-landscape-will-reach-its-peak-in-2024/">5 reasons why the martech landscape will reach its peak in 2024</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 11/9/23 in <a href="https://martech.org/5-reasons-why-the-martech-landscape-will-reach-its-peak-in-2024/">MarTech</a></p>
<h2 class="subhead">Investment is slowing, budgets are shrinking and generative AI threatens disruption. Here&#8217;s why 2024 may be a shakeup year for martech.</h2>
<div class="body-content pt-3">
<div class="bialty-container">
<p>One certainty for marketers over the last dozen years is that <a href="https://martech.org/scott-brinker-unveils-2023-martech-landscape/" target="_blank" rel="noopener">Scott Brinker’s martech landscape</a> map would grow. The map, which started in 2011 with only 150 companies listed, now contains over 11,000 companies* — a ridiculous growth rate of over 7,000%!</p>
<p>With investments bringing generative AI into every marketing area imaginable, it seems certain that next year’s map will continue on the same growth trajectory.</p>
<p>But that may not be the case. The glory days of “build it and they will come” may be over. Even more concerning is the marketing technology landscape may be headed towards a “killing field,” as Larry Ellison once described the software industry during the dot-com bubble.</p>
<p>As a vendor, many of us have seen our clients’ marketing budgets slashed in 2023. What was thought to be a temporary reaction to uncertainty in the economy is now the reality for 2024. And it’s getting worse. Budgets are under attack, with headcount and technology investments being slashed.</p>
<h2 id="h-1-investment-is-drying-up" class="wp-block-heading">1. Investment is drying up</h2>
<p>The impact on martech is already starting to surface. In Q3 2023, martech investments <a href="https://martech.org/martech-investments-decline-in-q3-where-did-the-funding-go/" target="_blank" rel="noopener">went down significantly</a>. The martech pipeline for new product announcements has slowed to 65 in Q3, down from 128 in Q2 and 121 in Q1.</p>
<p>The beginning of the year saw big investments in ChatGPT-related tools, which have also slowed from $10 billion in Q1 to $1.9 billion. For established vendors, servicing debt is getting very expensive. Watch for that to also have an impact on vendor financial viability in 2024.</p>
<p>The cooling of the investment is one factor in the slowing of the product landscapes, but other forces are at play, like the reduction of marketing budgets.</p>
<h2 id="h-2-innovative-ai-tools-will-make-existing-tools-obsolete-nbsp" class="wp-block-heading">2. Innovative AI tools will make existing tools obsolete</h2>
<p>Another force is <a href="https://martech.org/what-does-the-future-hold-for-genai-the-gartner-hype-cycle/" target="_blank" rel="noopener">generative AI</a> itself. It threatens existing products both with its innovation, as well as becoming a replacement.</p>
<p>A whole host of existing videos, content, SEO products, email platforms, list generators and so on could be eliminated if they don’t integrate their own AI solutions immediately.</p>
<h2 id="h-3-pressure-on-marketing-to-cut-budgets-nbsp" class="wp-block-heading">3. Pressure on marketing to cut budgets</h2>
<p>On the client side, marketers are now trying to find efficiencies in their spend. They’re also giving performance a hard look — and it isn’t pretty. In a down market, it’s difficult to defend investments that are not producing. A CMO I recently spoke to told me that in 2022, they closed one out of four opportunities created by marketing. In 2023, that number was one out of 10.</p>
<p>Data integration issues still plague organizations, as well as historical attribution challenges. Existing tools will be difficult to defend without hard evidence of business impact or ROI.</p>
<p><a href="https://martech.org/a-practical-guide-to-building-a-marketing-technology-stack/" target="_blank" rel="noopener">Martech “stacks”</a> have grown so large that even in small organizations, it’s not uncommon to see 30 to 50 products aimed at various stages of the buyer journey. Those tools are now beginning to be <a href="https://martech.org/marketers-are-only-using-one-third-of-their-stacks-capability/" target="_blank" rel="noopener">under the microscope</a>, and CMOs have to rationalize those investments.</p>
<p>Count on seeing marketing organizations unbundling and/or not renewing contracts with existing vendors at the end of this year or early next year. Vendors, the days of multi-year contracts will also be under pressure as buyers look for more flexibility.</p>
<h2 id="h-4-making-room-for-new-generative-ai-tools" class="wp-block-heading">4. Making room for new generative AI tools</h2>
<p>Marketers love shiny new tools, and generative AI has the type of shine that is hard to resist. There is no question about AI’s ability to help marketing organizations be more efficient. Whether it’s <a href="https://martech.org/the-rise-of-generative-ai-a-marketers-guide-to-textual-and-visual-ai-content/" target="_blank" rel="noopener">content development</a> or <a href="https://martech.org/a-marketers-guide-to-ai-the-new-frontier-of-visual-content/" target="_blank" rel="noopener">video production</a>, the tools are fast and produce a pretty good output if trained appropriately.</p>
<p>The question of whether they are more effective remains to be seen. The pressure of not falling behind competitors may help CMOs justify those investments for now, but it will come with strings attached. The biggest string — a zero-based budget. It will no longer be an “additive” game. New investments will come from the elimination of other tools.</p>
<h2 id="h-5-barbarians-will-be-at-the-gate" class="wp-block-heading">5. Barbarians will be at the gate</h2>
<p>Expected to see a significant increase in M&amp;A activity next year, Adobe, Microsoft, and Oracle will be hunting for opportunities to enhance their portfolio or plug gaps in their solution set. Reduced funding, combined with slowing (perhaps dramatically) market demand and more expensive debt, means there will be opportunities to pick up innovative technologies cheaply.</p>
<p>Also, look for competitors in similar categories to merge to reduce cost, expand the customer base and conserve cash. The martech landscape could very much become a killing field of the past.</p>
<p>CMOs who have become “data-driven” must now become performance-driven. In what is a more permanent stage of a slowing economy, competition for funding internally will pit sales, marketing and product organizations against each other. These groups will be increasingly skeptical of what marketing investments are producing.</p>
<p>Marketing organizations and technology providers will be pressured to defend their value, performance and worth. Buckle up — 2024 is going to be a rough ride for everyone!</p>
</div>
</div>
<p>The post <a href="https://carbondesign.com/2023/5-reasons-why-the-martech-landscape-will-reach-its-peak-in-2024/">5 reasons why the martech landscape will reach its peak in 2024</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>B2B social media ‘sweet spots’: What’s working and what’s not&#8230;</title>
		<link>https://carbondesign.com/2023/b2b-social-media-sweet-spots-whats-working-and-whats-not/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Thu, 26 Oct 2023 23:17:20 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[business to business marketing]]></category>
		<category><![CDATA[MarTech]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15691</guid>

					<description><![CDATA[<p>As previously published on 10/11/23 in MarTech By Scott Gillum Estimated read time: 6 Minutes Explore strategic vs. haphazard approaches in B2B social media and how the best-in-class companies are finding their “sweet spot.” Never has the expression, “Don’t confuse activity for performance,” rang truer than in B2B social media programs. You can divide organizations [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/b2b-social-media-sweet-spots-whats-working-and-whats-not/">B2B social media ‘sweet spots’: What’s working and what’s not&#8230;</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 10/11/23 in <a href="https://martech.org/b2b-social-media-sweet-spots-whats-working-and-whats-not/">MarTech</a></p>
<p>By Scott Gillum<br />
Estimated read time: 6 Minutes</p>
<h2 class="subhead">Explore strategic vs. haphazard approaches in B2B social media and how the best-in-class companies are finding their “sweet spot.”</h2>
<div class="body-content pt-3">
<div class="bialty-container">
<p>Never has the expression, “Don’t confuse activity for performance,” rang truer than in B2B social media programs.</p>
<p>You can divide organizations into two buckets based on their approach to social media execution:</p>
<ul>
<li>Those that think strategically and plan their program.</li>
<li>The ones who just post… anything and everything.</li>
</ul>
<p>In a nutshell, that was our finding from a best-in-class research project evaluating the social media programs of close to 50 companies spanning multiple industries.</p>
<p>Unlike the B2C world, which successfully uses multiple social media platforms to engage with consumers and drive revenue, B2Bs have struggled to find the “killer app” for its social programs. More bluntly, how do businesses use these social media channels to impact their business performance?</p>
<h2 id="h-b2b-social-media-sweet-spots" class="wp-block-heading">B2B social media ‘sweet spots’</h2>
<p>Our research has uncovered a handful of businesses beginning to find the “sweet spot” for B2B. They have evolved their social media posts from simple updates and events to more sophisticated and produced content intended to engage audiences and drive business goals.</p>
<p>In parallel, they have invested heavily in agencies and in-house resources dedicated to various roles related to their social platforms. Because of these investments, best-in-class (BIC) companies have progressed their program planning from weekly to quarterly.</p>
<p>But that is the exception, not the rule. We also observed plenty of organizations still stuck in week-to-week planning of essentially “what do we have that we can post?”</p>
<h2 id="h-b2b-content-focus-areas" class="wp-block-heading">B2B content focus areas</h2>
<p>When it comes to content, we found that BIC organizations are focusing the majority of their efforts into four essential “buckets” aimed at various audiences, including:</p>
<ul>
<li><strong>Product/solution</strong>. Featuring products through HD images, video and content on successful implementation, customer testimonials, etc., aimed at buyers and prospects.</li>
<li><strong>Recruiting/HR</strong>. Information and imagery on culture, careers, training, diversity, etc., aimed at recruits and existing employees.</li>
<li><strong>Brand.</strong> Content and branding focused on communicating or enhancing brand pillars, for example; innovation, inclusion, efficiency, reliability, etc.</li>
<li><strong>Community</strong>. Posts focused on topics close to their hearts, such as Earth Day, Bring Your Child to Work Day, MLK Day, volunteer work, etc.</li>
</ul>
<p>AWS (Amazon Web Services) has become a content juggernaut by producing daily podcasts through LinkedIn, Streaming to their 8.5 million followers, and then redistributing through other platforms.</p>
<p>The production quality of content has increased dramatically. Most BIC companies, like SAP, use short, highly produced and stylized videos to reach their followers.</p>
<h2 id="h-key-social-media-platforms-for-b2b" class="wp-block-heading">Key social media platforms for B2B</h2>
<p>In terms of channels, not surprisingly, the 800-pound gorilla for B2B companies is <a href="https://martech.org/linkedin-is-leaning-into-community/" target="_blank" rel="noopener">LinkedIn</a>. Twitter (now X) has lost much of its business audience and interest from B2B companies. Instagram (IG) is now one of the four essential platforms for B2B (YouTube, LinkedIn and Facebook, to a lesser extent).</p>
<p>For example, IG has become a significant channel for McKinsey in distributing thought leadership. Their posts offer high educational value and most often link to studies and research.</p>
<p>Novartis, the pharmaceutical company, shares content in batches with a similar theme ( a charity, cancer research, culture, etc.) These “campaigns” usually have a consistent style, tone, and topic. At any given time, there may be 2-3 campaigns running on IG, tied together visually on the feed. This means they can create the content in a large batch and strategically schedule it out.</p>
<p>TikTok is growing its B2B audience, but it is very specific to industries/companies. Threads is still a question mark. It might be safer than X, but it’s having a difficult time building a B2B audience.</p>
<h2 id="h-abandoned-pages-and-user-behavior-changes" class="wp-block-heading">Abandoned pages and user behavior changes</h2>
<p>A few other surprises also emerged through our research. “Legacy” platforms, like Facebook, where companies quickly rushed in years ago to set up pages and/or groups, have a vast graveyard of abandoned groups and pages. And that has left a door open for opportunists. We found fake pages using company branding and/or suspect posts using company pages.</p>
<p>We also observed behavioral changes by users, creating a challenge for brand consistency, particularly on LinkedIn. In the digital past, you had, on average, eight seconds to make an impression. Visitors would hit your site and quickly assess if they would explore or bounce. Now, with the scrolling features of social media, especially for Reels, that time is not down to seconds.</p>
<p>For example, during a social media research assignment for a client, we reviewed the LinkedIn post of a competitor. Our team found that consistent brand imagery (blue background with a cartoon image) for their posts created the impression that the viewer had already seen the post because of the similarity. So, if you want an audience to notice that your posts differ, use distinctively different imagery — and don’t tell the brand police!</p>
<h2 id="h-key-takeaways-and-next-steps" class="wp-block-heading">Key takeaways and next steps</h2>
<p>Along with our research, we created a social media maturity model built on the axis of content goals (marketing versus business) and production quality (a function of content, design and planning). We plotted the companies profiled and created a roadmap to elevate social media’s business impact. Below are our key takeaways:</p>
<ul>
<li>Visit and clean up what was built in the early days of social media and what might be lingering in the public domain (see my Facebook example).</li>
<li>Start to think about creating a content schedule for a month and then two months in advance.</li>
<li>Define the requirements to fill that calendar.</li>
</ul>
<p>Based on BIC companies, you need to be posting:</p>
<ul>
<li>1-2 times a day on LinkedIn (including weekends).</li>
<li>3-5 times a week on Instagram (daily on Stories).</li>
<li>1-4 posts a day if you would like to experiment on TikTok.</li>
</ul>
<p>Map where the content will, or should, come from within your organization. You’ll need to go to HR, sales, product and corporate responsibility (they fill the four content buckets mentioned earlier).</p>
<p>Discuss their goals and how social media can help achieve and/or support them. Then, get their commitment and explain your process for capturing, reviewing, approving and posting their content.</p>
<p>Not everyone will invest in this journey. Some prioritize activity over performance, while others set higher expectations for prospects and customers.</p>
<p>Social media platforms in B2B are growing in importance, and companies need to mature their approaches to discover what works best for their business.</p>
</div>
</div>
<p>The post <a href="https://carbondesign.com/2023/b2b-social-media-sweet-spots-whats-working-and-whats-not/">B2B social media ‘sweet spots’: What’s working and what’s not&#8230;</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>How to use AI personality profiling for B2B engagement</title>
		<link>https://carbondesign.com/2023/how-to-use-ai-personality-profiling-for-b2b-engagement/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Tue, 10 Oct 2023 05:54:32 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[business marketing]]></category>
		<category><![CDATA[MarTech]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15662</guid>

					<description><![CDATA[<p>As previously published on 9/21/23 in MarTech By Scott Gillum Estimated read time: 5 Minutes Learn the benefits of AI personality profiling, from reaching a wider audience to honing in on what your audience values most. Every day we form impressions of the people we meet. We assess their trustworthiness, credibility and level of friendliness [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/how-to-use-ai-personality-profiling-for-b2b-engagement/">How to use AI personality profiling for B2B engagement</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 9/21/23 in <a href="https://martech.org/how-to-use-ai-personality-profiling-for-b2b-engagement/">MarTech</a></p>
<p>By Scott Gillum<br />
Estimated read time: 5 Minutes</p>
<h4>Learn the benefits of AI personality profiling, from reaching a wider audience to honing in on what your audience values most.</h4>
<p>Every day we form impressions of the people we meet. We assess their trustworthiness, credibility and level of friendliness based on our interactions.</p>
<p>In business, we often assess contacts based on how they will — or will not — support what we’re promoting. Will they be an advocate or influencer? Will they be skeptical or feel threatened?</p>
<p>This can extend to organizations or industries. We describe organizations as being “data-driven” or “research-based” and industries as “cutting edge” or “slow-moving” to help us understand how to position ourselves and improve our messaging.</p>
<p>With AI personality profiling tools, we can become more familiar with an audience, segment or industry before we even engage with it. B2B marketing, usually kept at arm’s reach from customers, can now know them as well as account managers who have long-standing customer relationships. Here’s what this means for B2B marketing organizations.</p>
<h4>What are AI personality profiling tools?</h4>
<p>When it comes to engaging with customers or potential clients, understanding preferences and behaviors is key. This has traditionally been done through surveys, focus groups or other forms of direct communication.</p>
<p>However, AI personality profiling tools provide a new and more efficient way to gain insights into your target audience. They use algorithms to analyze a variety of data points (i.e., social media activity, online searches, and even speech patterns) to identify patterns and traits indicating a person’s personality type. This information lets you create more personalized and effective marketing campaigns.</p>
<p>One of the biggest advantages of AI personality profiling is the ability to reach a wider audience while still tailoring your message to each individual. In the past, developing different personas and buyer journeys could be time-consuming and require a lot of guesswork. AI tools can quickly and easily identify commonalities within your audience and develop targeted content.</p>
<p>Another benefit is the ability to uncover hidden insights about an organization’s corporate culture. By analyzing its leadership team’s personalities and behaviors, you can better understand its values and priorities. This can help you tailor your messaging to fit the company’s culture and present your solution in a way that will most likely resonate with decision-makers.</p>
<h4>How AI personality profiling can reshape your marketing strategy</h4>
<p>We recently profiled the personalities of the C-suite executives at a Fortune 500 company. Although diversifying board rooms has helped bring a wider variety of individuals with different life experiences and points of view, one area has not been diversified.</p>
<p>Perhaps best described as “birds of a feather flock together,” an individual’s personality type often dictates their profession or the industry where they work. Of the senior executives we profiled, 21 out of 22 executives had the same personality type.</p>
<p>This is an extreme example of a concentrated personality type. Typically, we find only one dominant type in 60-70% of the executive team. We also found a dominant personality type of Fortune 500 executives, 58% of the CEOs.</p>
<p>A homogenous population is a marketer’s dream. It means a “one size fits all” messaging and content approach. The other benefit it provides is insight into the corporate culture. The company we profiled is in the construction industry, with the dominant personality type being analogous to a “project manager.”</p>
<p>Given the dominance of the personality type, it is safe to assume that the corporate culture is a “get it done” environment. That nugget of wisdom is gold for sales. This type of environment signals that if it isn’t broken, it will not get fixed.</p>
<p>Trying to sell a “nice to have” will be virtually impossible, but selling a “need to have” should be easier. In particular, if you can find a burning need or demonstrate an advantage gained by the new solution.</p>
<h4>A chance to hone in on what your audience values</h4>
<p>Finding the “pain” and then building the argument for the business case will attract your audience’s attention. The greatest advantage in understanding their personality is knowing their behaviors and motivations.</p>
<p>For example, the “project manager” mindset is motivated by achievement, career advancement and recognition. Their behavior is to be heads down, so you have to interrupt them in order to get their attention.</p>
<p>To do this, you’ll need to align to their personal content preferences (which are industry-specific case studies) and use and business cases. They also prefer references, especially peers in the same role and industry.</p>
<p>All of this can be known, created and executed without ever having a conversation with a prospect.</p>
<p>AI profiling tools are simple to use and can easily provide new insights into audiences. It opens the door for creating new personas, buyer journeys and, most importantly, better content.</p>
<p>And you know what loves a homogenous population and insights about them more than marketers? Machines. All of this information can be fed into AI content generators.</p>
<p>Birds of a feather do flock together, and with AI tools you can know exactly what type of bird you’re hunting and how to knock them out of the sky.</p>
<h4>AI personality profiling alone is not enough</h4>
<p>AI personality profiling has its limitations. It’s crucial to recognize that personality types are dynamic and can evolve. Moreover, exclusively depending on data-driven insights may hinder empathy and a comprehensive understanding of the human experience.</p>
<p>Leverage AI personality profiling if you’re looking to gain valuable audience insights and enhance your marketing campaigns. But for a holistic approach, make sure to complement it with other research and communication methods.</p>
<p>The post <a href="https://carbondesign.com/2023/how-to-use-ai-personality-profiling-for-b2b-engagement/">How to use AI personality profiling for B2B engagement</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>Are You Missing What Customers Value Most?</title>
		<link>https://carbondesign.com/2023/are-you-missing-what-customers-value-most/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Wed, 20 Sep 2023 17:45:31 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[marketing]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15585</guid>

					<description><![CDATA[<p>By Scott Gillum Estimated read time: 2 Minutes Here&#8217;s an observation for my friends in tech marketing. Above is an extract from research we recently conducted. Close to 500 C-Level IT buyers (CTO, CIO, CISO, etc.) were interviewed or surveyed. The graph represents the top 4 purchase drivers. Each of the 4 categories include the [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/are-you-missing-what-customers-value-most/">Are You Missing What Customers Value Most?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>By <a href="https://carbondesign.com/contact-us/">Scott Gillum</a><br />
Estimated read time: 2 Minutes</p>
<p><span style="font-weight: 400;">Here&#8217;s an observation for my friends in tech marketing.</span></p>
<p><span style="font-weight: 400;">Above is an extract from research we recently conducted. Close to 500 C-Level IT buyers (CTO, CIO, CISO, etc.) were interviewed or surveyed.</span></p>
<p><span style="font-weight: 400;">The graph represents the top 4 purchase drivers. Each of the 4 categories include the platform and the people. Technical expertise includes not only the solution, but also, the people selling, integrating and supporting it.</span></p>
<p><span style="font-weight: 400;">The “people” component in the other categories is pretty obvious. The question is, how are you communicating the value of your people in your content and messaging? Are you?</span></p>
<p><span style="font-weight: 400;">In my observations, most organizations have shifted to almost exclusively focusing on the technology/platform.  We’ve become very myopic in marketing our solution. It could be pressure coming from the product group or senior management.  It’s pushed marketing too far in one direction. </span></p>
<p><span style="font-weight: 400;">People use technology to get an output. They don&#8217;t buy it because of what it is, they buy it because of what it does&#8230;oftentimes, for them specifically. How you sell and support your tool most often dictates whether or not you’ll get the renewal, add-on or even a referral.  </span></p>
<p><span style="font-weight: 400;">People also buy from people. If you&#8217;re leaving the human piece out, you are doing the customer, company and your colleagues a disservice.</span></p>
<p>The post <a href="https://carbondesign.com/2023/are-you-missing-what-customers-value-most/">Are You Missing What Customers Value Most?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>The MarTech Conference is coming soon</title>
		<link>https://carbondesign.com/2023/the-martech-conference-is-coming-soon/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Wed, 13 Sep 2023 16:12:38 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[MarTech]]></category>
		<category><![CDATA[MarTech conference]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15580</guid>

					<description><![CDATA[<p>Join Scott on the 27th at 11:35 am to hear how to take your ABM program to the next level or perhaps learn how to address some of the issues that are holding it back. Grab your free pass to discover cutting-edge technologies and solutions to power exceptional customer experiences. Register here: MarTech Conference</p>
<p>The post <a href="https://carbondesign.com/2023/the-martech-conference-is-coming-soon/">The MarTech Conference is coming soon</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>Join Scott on the 27th at 11:35 am to hear how to take your ABM program to the next level or perhaps learn how to address some of the issues that are holding it back.</p>
<p>Grab your free pass to discover cutting-edge technologies and solutions to power exceptional customer experiences.</p>
<p>Register here: <a href="https://martech.org/conference/fall/">MarTech Conference</a></p>
<p>The post <a href="https://carbondesign.com/2023/the-martech-conference-is-coming-soon/">The MarTech Conference is coming soon</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>Do You Sell Hope?</title>
		<link>https://carbondesign.com/2023/do-you-sell-hope/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Tue, 29 Aug 2023 09:25:47 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[Hope]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15573</guid>

					<description><![CDATA[<p>By Scott Gillum Estimated read time: 3 Minutes Insight from Best-in-Class Companies After combing through hundreds of customer, employee and sales rep interviews at best-in-class companies you may want to consider doing it. Logically, it makes sense. Until the prospect buys they have no idea if the claim/s you make about your product or service [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/do-you-sell-hope/">Do You Sell Hope?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>By <a href="https://carbondesign.com/contact-us/">Scott Gillum</a><br />
Estimated read time: 3 Minutes</p>
<p><i><span style="font-weight: 400;">Insight from Best-in-Class Companies</span></i></p>
<p><span style="font-weight: 400;">After combing through hundreds of customer, employee and sales rep interviews at best-in-class companies you may want to consider doing it.</span></p>
<p><span style="font-weight: 400;">Logically, it makes sense. Until the prospect buys they have no idea if the claim/s you make about your product or service are actually true. They ”hope” they are but they don’t know for certain.</span></p>
<p><span style="font-weight: 400;">But hope goes even deeper, prospects hope that your solution can help them fix their issue, solve their problem and/or improve productivity/performance.</span></p>
<p><span style="font-weight: 400;">In reality, what we found was that high performing reps get this. </span></p>
<p><span style="font-weight: 400;">In our interviews, we found that top sales people had an unique and personal connection to their customers.</span></p>
<p><span style="font-weight: 400;">How do they do it?  They are very good at asking questions. They get into the head of the buyer –  understanding their business AND personal motivations for making the purchase. Not just their business needs.</span></p>
<p><span style="font-weight: 400;">For example, we found reps selling to aerospace engineers in very vulnerable situations. A piece broke in a prototype that they needed to demo, or they were searching for a hard to find item that was out of stock.</span></p>
<p><span style="font-weight: 400;">In another company selling to small business owners, reps understood the importance of getting the label right because it was the physical manifestation of the brand, more importantly, the deep connection to the business owner…who oftentimes, created it.</span></p>
<p><span style="font-weight: 400;">Giving someone hope is not only uplifting and motivating, but it also establishes a level of depth to the relationship. Think, what does this person hope to get out of this decision?</span></p>
<p><span style="font-weight: 400;">By adopting this mentality, early in the relationship/buying process, it will force you to dig deeper into their needs (personal and professional). It makes you more empathetic, and changes the dynamics of the sales experience.</span></p>
<p><span style="font-weight: 400;">A purchase, especially in B2B, is more than just a transaction, it&#8217;s the hope that the product or services will deliver on a promise (mostly likely made by you). And that decision is more personal than we recognize or cater to.</span></p>
<p><span style="font-weight: 400;">I “hope” you get the point.</span></p>
<p>The post <a href="https://carbondesign.com/2023/do-you-sell-hope/">Do You Sell Hope?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>What Companies with Exceptional NPS Scores Tell Us About What We Sell and How We Retain Customers</title>
		<link>https://carbondesign.com/2023/what-companies-with-exceptional-nps-scores-tell-us-about-what-we-sell-and-how-we-retain-customers/</link>
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		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Tue, 01 Aug 2023 09:08:23 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<category><![CDATA[business insight]]></category>
		<category><![CDATA[business intelligence]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15562</guid>

					<description><![CDATA[<p>By Scott Gillum Estimated read time: 5 Minutes Insight from buyer and employee research from 20 companies with 70+ NPS scores Are customers just buying your products?   Yes, as you will see, it is true a good product will sell itself but there is more to that decision than what is on the surface.  Recently, [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/what-companies-with-exceptional-nps-scores-tell-us-about-what-we-sell-and-how-we-retain-customers/">What Companies with Exceptional NPS Scores Tell Us About What We Sell and How We Retain Customers</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>By <a href="https://carbondesign.com/contact-us/">Scott Gillum</a><br />
Estimated read time: 5 Minutes</p>
<p><i><span style="font-weight: 400;">Insight from buyer and employee research from 20 companies with 70+ NPS scores</span></i></p>
<p><span style="font-weight: 400;">Are customers just buying your products?  </span></p>
<p><span style="font-weight: 400;">Yes, as you will see, it is true a good product will sell itself but there is more to that decision than what is on the surface. </span></p>
<p><span style="font-weight: 400;">Recently, we were able to conduct research on close to 20 companies that have net promoter scores (NPS) above 70, with a handful at 90+. To put that into perspective, scores 10 to 60 are typically detractors, 70 to 80 are passives, and above 90 are active promoters.</span></p>
<p><span style="font-weight: 400;">While an average of 70 or above might not sound all that impressive, it’s higher than the Top 7 industries ranked (see below). And, it is extremely rare to find an organization that reaches a score of  90 or above.</span></p>
<p><span style="font-weight: 400;">The companies included in our research span industries from Aerospace, Hi-Tech, GovCon and Manufacturing, to Cannabis and Agriculture, with services as complex as cybersecurity, to as simple as producing  labels for  food items. Buyers ranged from Engineers and Chief Security Officers, to Procurement and  small business owners. </span></p>
<p><span style="font-weight: 400;">What also made this opportunity unique is that we were able to interview over 100 customers, and survey more than a 1000, who represented the areas listed  above allowing us to gain insight into what was driving the scores.</span></p>
<p><span style="font-weight: 400;"> The top 3 purchase drivers are listed below, and this is what we learned:</span></p>
<ol>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A </span><b>great product</b><span style="font-weight: 400;"> makes for a great score &#8211; without question, the quality of your product is the biggest driver of purchase satisfaction (93%). In addition to quality, reliability was  critical. </span></li>
<li style="font-weight: 400;" aria-level="1"><b>Usability</b><span style="font-weight: 400;"> is second. This includes ease of use, integration, configuration, works as designed, etc. </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">And third is </span><b>Value</b><span style="font-weight: 400;">, including affordability, value for the money, price competitiveness, etc. </span></li>
</ol>
<p><span style="font-weight: 400;">Now for the key question… What is interesting about the key purchase drivers, and how we sell?</span></p>
<p><span style="font-weight: 400;">None of the three purchase drivers are realized during the sales process. It’s only  once they have purchased the product  that they truly experience the quality and value.  </span></p>
<p><span style="font-weight: 400;">So, this tells us we are selling something else during the buying process. In fact, we found that there are four things you are selling  before you close the deal.  </span></p>
<ol>
<li><b>Hope</b><span style="font-weight: 400;"> &#8211; Customers, especially newly acquired ones haven’t experienced your product, service, and support so they are buying a promise. The most motivating thing you can sell early in the process is hope. Give prospects the hope that their work lives can be better, that your solution can solve their problems or pain. But, you can only do that if you find the pain. In today’s economic environment, if there is no pain, reps will have no hope of making a sale.</span></li>
<li><b>Credibility </b><span style="font-weight: 400;">&#8211; we had a chance to survey Chief Information and Security Officers (CISO) during this period on what they  looked for in a sales rep. CISO stated that they preferred a representative to be highly knowledgeable of both products and services, (three times more likely than a relationship.) In some industries, like Cybersecurity, there is nothing more important than your credibility. Why? Buyer’s top 4 information sources are all people channels (Peers, Colleagues, Influencers, Analysts). Your reputation is everything. Every word written or spoken is critical. Opinions don’t matter, and reps have to do their homework. </span></li>
<li><b>Trust</b><span style="font-weight: 400;"> &#8211; trust and credibility are a one two punch. If you’re not credible, you probably don’t have a shot at being trusted. There is no undervaluing the importance of trust in the purchasing process. When we asked customers to rank brand attributes, </span><i><span style="font-weight: 400;">Trustworthiness</span></i><span style="font-weight: 400;"> tied for first along with</span><i><span style="font-weight: 400;"> Reliability.</span></i><span style="font-weight: 400;"> Not only is it important to the acquisition, it is critical for retaining customers. And, trust is the most broadly defined attribute &#8211; the brand, product performance, availability, service, pricing, staff, shipping, etc. </span></li>
<li><b>The Business Argument</b><span style="font-weight: 400;"> &#8211; did you notice that I didn’t write ROI, or business case? In reality, few companies can deliver on the ROI used to close the deal. Additionally, few businesses produce (or can prove) the outcomes predicted, and buyers know it. In fact, researchers have tested upside gains versus downside risk reduction with buyers. Buyers, interestingly, discount upside predictions and are more likely to believe risk projections. It’s why a solid, logical business argument is the most believable and compelling reason for making a purchase decision…e.g. </span><i><span style="font-weight: 400;">“You’ve invested XXX dollars into this solution, why wouldn’t you want to optimize by enabling this functionality…</span></i><span style="font-weight: 400;">”</span></li>
</ol>
<p><span style="font-weight: 400;">One of the most interesting discoveries in our research came through one on one interviews. The discovery was Ben, a senior sales representative who worked for a PE owned company that had several brands selling into complex manufacturing companies. </span></p>
<p><span style="font-weight: 400;">Ben was an eye opener. He was a multidimensional product expert, sales and service machine. In our interviews with customers, they offered up his name but never for the same thing twice. In one conversation with a buyer, they  highlighted how Ben was just talking with their engineers about a new product design and in another one with procurement,  talked about him being able to create one invoice with products from multiple manufacturers.</span></p>
<p><span style="font-weight: 400;">One of the goals of the work we were doing was to uncover opportunities for more cross selling of products…Ben was already doing it! But, one of the most important statements about Ben that stuck with me was “Ben answers his phone.”</span></p>
<p><span style="font-weight: 400;">Ben had their trust because he was credible with the internal buyers &#8211; the engineers. He solved procurement problems, but most importantly gave them hope. Most of their orders were urgent or hard to find products. Ben knew this, he answered his phone because he also knew that they relied on him to find a way to get them what they needed. </span></p>
<p><span style="font-weight: 400;">Ultimately what we learned was companies that perform the highest with customers also scored the highest on employee satisfaction. We surveyed over 1000 employees across companies and found that what drove their satisfaction in their role was the connection to their customers. </span></p>
<p><span style="font-weight: 400;">Here’s the reason, when asked the question; </span></p>
<p><span style="font-weight: 400;">“</span><i><span style="font-weight: 400;">Beyond the products we offer, why do you think customers choose to shop with the brand(s) you work with?”</span></i></p>
<p><span style="font-weight: 400;">The number 1 answer, mentioned by 80% of the employees, was</span><i><span style="font-weight: 400;"> Trust.</span></i><span style="font-weight: 400;"> It connects customers to you, and you to your customers.   </span></p>
<p><span style="font-weight: 400;">NPS scores are notoriously difficult to move. In fact, some companies abandon using them because of it. Maybe it isn’t that difficult to improve after all. Perhaps it just comes down to focusing on building trust – companies trusting employees, sales building trust with customers, and service and product maintaining that trust through delivery. </span></p>
<p><span style="font-weight: 400;">And of course, a quality product. </span></p>
<p>The post <a href="https://carbondesign.com/2023/what-companies-with-exceptional-nps-scores-tell-us-about-what-we-sell-and-how-we-retain-customers/">What Companies with Exceptional NPS Scores Tell Us About What We Sell and How We Retain Customers</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>Artificial Intelligence + Human Intelligence = Success, or is it Artificial Intelligence &#8211; Human Intelligence = Failure?</title>
		<link>https://carbondesign.com/2023/artificial-intelligence-human-intelligence-success-or-is-it-artificial-intelligence-human-intelligence-failure/</link>
					<comments>https://carbondesign.com/2023/artificial-intelligence-human-intelligence-success-or-is-it-artificial-intelligence-human-intelligence-failure/#respond</comments>
		
		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Tue, 11 Jul 2023 00:02:51 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[artificial intelligence]]></category>
		<category><![CDATA[b2b]]></category>
		<category><![CDATA[business intelligence]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15553</guid>

					<description><![CDATA[<p>As previously published on 6/28/23 in MarTech By Scott Gillum Estimated read time: 5 Minutes What if they are wrong?  When responding to questions about AI replacing humans in certain roles, most ‘experts’ claim that AI will replace some jobs, but will be a much more valuable tool for augmenting human intelligence and ability.  In [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/artificial-intelligence-human-intelligence-success-or-is-it-artificial-intelligence-human-intelligence-failure/">Artificial Intelligence + Human Intelligence = Success, or is it Artificial Intelligence &#8211; Human Intelligence = Failure?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 6/28/23 in <a href="https://martech.org/artificial-intelligence-human-intelligence-success/">MarTech</a></p>
<p>By <a href="https://carbondesign.com/contact-us/">Scott Gillum</a><br />
Estimated read time: 5 Minutes</p>
<p><span style="font-weight: 400;">What if they are wrong? </span></p>
<p><span style="font-weight: 400;">When responding to questions about AI replacing humans in certain roles, most ‘experts’ claim that AI will replace some jobs, but will be a much more valuable tool for augmenting human intelligence and ability. </span></p>
<p><span style="font-weight: 400;">In all of the hype associated with this latest technology wave, an important trend is occurring across industries that could significantly change the impact of AI – the retirement of the knowledge worker.  </span></p>
<p><span style="font-weight: 400;">We need to look no further than the last wave of intelligent technology – the “internet of things” (IoT) to see the impact. </span></p>
<p><span style="font-weight: 400;">The </span><a href="https://www.smithsonianmag.com/innovation/kevin-ashton-describes-the-internet-of-things-180953749/#:~:text=Kevin%20Ashton%20is%20an%20innovator,and%20Discovery%2C%20out%20January%2020."><span style="font-weight: 400;">term ‘Internet of Things’ was coined in 1999</span></a><span style="font-weight: 400;"> by  computer scientist, Kevin Ashton. While working at Procter &amp; Gamble, Ashton proposed putting radio-frequency identification (RFID) chips on products to track them through a supply chain.</span></p>
<p><span style="font-weight: 400;">“Machines talking to machines” started rolling out in early/ mid 2010 making their way into manufacturing, precision agriculture, complex information networks, and for consumers in a new wave of wearables. </span></p>
<p><span style="font-weight: 400;">Now, having about a decade of experience of how IoT has impacted certain industries and markets, perhaps it can give us some interesting insights on the future of AI. </span></p>
<p><span style="font-weight: 400;">In 2010, Cisco launched the </span><a href="https://www.youtube.com/watch?v=EFiFw5AF_mM"><span style="font-weight: 400;">“Tomorrow Starts Here”</span></a><span style="font-weight: 400;"> IoT campaign at the time when communication networks were transitioning from hardware “stacks&#8221; to software development networks (SDN). </span></p>
<p><span style="font-weight: 400;">The change meant that in order for carriers to expand their bandwidth, they no longer needed to “rip and replace &#8221; hardware. They only needed to upgrade the software. This transition began the era of machines monitoring their performance and communicating with each other, with the promise of one day producing self healing networks.</span></p>
<p><span style="font-weight: 400;">Over this same period, network engineers who ushered in the transition from an analog to digital began retiring. These experienced knowledge workers are often being replaced by technicians who understand the monitoring tools, but not necessarily, how the network works.  </span></p>
<p><span style="font-weight: 400;">Over the last dozen years networks have grown in complexity to include cellular, and the number of connections has grown exponentially. To help manage this complexity, numerous monitoring tools have been developed and implemented. </span></p>
<p><span style="font-weight: 400;">The people on the other end reading the alerts see the obvious, but have a difficult time interpreting the issue, or what to prioritize. The reason is, the tool knows there is an issue but is not smart enough yet to know how to fix it or if it will take care of itself. Technicians end up chasing “ghost tickets,” alerts that have resolved themselves, resulting in lost productivity. </span></p>
<p><span style="font-weight: 400;">The same thing is repeating itself in marketing today. As one CMO told me; “I can find people who know the technologies all day long, but what I can’t find is someone who thinks strategically. Ask a marketing manager to set up the tools and run a campaign and they have no problem, but ask them to write a compelling value proposition or offer for the campaign, and they will struggle.” </span></p>
<p><span style="font-weight: 400;">It’s easy to get sucked into the tools. AI generators are really intriguing and can do some amazing things. But based on what we have seen, the tools are not smart enough to fully deliver on their promise…yet. </span></p>
<p><span style="font-weight: 400;">Here’s the warning from IoT – as tools become more knowledgeable, the workforce operating them is becoming less. It is leaving a knowledge gap. As that knowledge is transferred from worker to machine, we need to ask ourselves what we’ll be left with. Will there be enough experience and expertise in our workers to know if what comes out of the machine is accurate, factitious, or even dangerous. </span></p>
<p><span style="font-weight: 400;">In a recent WSJ article, Melissa Beebe, an oncology nurse, commented on how she relies on her observation skills to make life-or-death decisions. When an alert said her patient in the oncology unit of UC Davis Medical Center had sepsis, she was sure the AI tool monitoring the patient was wrong. </span></p>
<p><span style="font-weight: 400;">“I’ve been working with cancer patients for 15 years so I know a septic patient when I see one,” she said. “I knew this patient wasn’t septic.”</span></p>
<p><span style="font-weight: 400;">The alert correlates elevated white blood cell count with septic infection. It didn’t take into account that this particular patient had leukemia, which can cause similar blood counts. The algorithm, which was based on artificial intelligence, triggers the alert when it detects patterns that match previous patients with sepsis. </span></p>
<p><span style="font-weight: 400;">Unfortunately, hospital rules require nurses to follow protocols when a patient is flagged for sepsis. Beebe could override the AI model, if she gets doctor approval, but faces disciplinary action if she’s wrong. It&#8217;s easy to see the danger of removing human intelligence in this case, it also illustrates the risk associated with over relying on artificial intelligence. </span></p>
<p><span style="font-weight: 400;">AI will free us from low value tasks, and that is a good thing, but we need to redistribute that time to better developing our people, and our teams. The greatest benefit from these game changing technologies in the business to business environment will be realized when we combine equal amounts of human intelligence with machine intelligence. </span></p>
<p>The post <a href="https://carbondesign.com/2023/artificial-intelligence-human-intelligence-success-or-is-it-artificial-intelligence-human-intelligence-failure/">Artificial Intelligence + Human Intelligence = Success, or is it Artificial Intelligence &#8211; Human Intelligence = Failure?</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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		<title>5 Steps for Building a Recession Grade ABM Program</title>
		<link>https://carbondesign.com/2023/5-steps-for-building-a-recession-grade-abm-program/</link>
					<comments>https://carbondesign.com/2023/5-steps-for-building-a-recession-grade-abm-program/#respond</comments>
		
		<dc:creator><![CDATA[William Walsh]]></dc:creator>
		<pubDate>Mon, 12 Jun 2023 10:35:40 +0000</pubDate>
				<category><![CDATA[2023]]></category>
		<category><![CDATA[ABM Program]]></category>
		<category><![CDATA[b2b marketing]]></category>
		<guid isPermaLink="false">https://carbondesign.com/?p=15542</guid>

					<description><![CDATA[<p>As previously published on 6/7/23 in MarTech By Scott Gillum Estimated read time: 5 Minutes 5 Steps for Building a Recession Grade ABM Program  Looking to get off the treadmill of producing what seems like never ending content and feeding  the ABM machine hoping you get a hit? Tired of anonymous and/or intent data that [&#8230;]</p>
<p>The post <a href="https://carbondesign.com/2023/5-steps-for-building-a-recession-grade-abm-program/">5 Steps for Building a Recession Grade ABM Program</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-top: 0px; margin-bottom: 0px;" class="sharethis-inline-share-buttons" ></div><p>As previously published on 6/7/23 in <a href="https://martech.org/5-steps-for-building-a-recession-grade-abm-program/">MarTech</a></p>
<p>By <a href="https://carbondesign.com/contact-us/">Scott Gillum</a><br />
Estimated read time: 5 Minutes</p>
<p><b>5 Steps for Building a Recession Grade ABM Program </b></p>
<p><span style="font-weight: 400;">Looking to get off the treadmill of producing what seems like never ending content and feeding  the ABM machine hoping you get a hit? Tired of anonymous and/or intent data that produces very little results?  </span></p>
<p><span style="font-weight: 400;">In today’s challenging economic environment, you’re going to need to take your program to the next level. Casting a wide net in a sea with less fish will be less productive. </span></p>
<p><span style="font-weight: 400;">It’s time to build a  program that is </span><i><span style="font-weight: 400;">proactive and targeted</span></i><span style="font-weight: 400;">, and it’s going to require some work. Here are  five steps to get you started on your way to building  a market ready ABM program. </span></p>
<ol>
<li style="font-weight: 400;" aria-level="1"><b>Target specific people and accounts </b><span style="font-weight: 400;">&#8211; because it’s called “account based marketing”, you need to have actual accounts identified. Additionally, you’ll need to have a list of key targets within the account. Forget trying to figure out anonymous hits on your website or content, invest in getting the list built.</span></li>
<li style="font-weight: 400;" aria-level="1"><b>Know who, and what is important</b><span style="font-weight: 400;"> &#8211; not all prospects matter, in fact, the ones you are most likely to engage are not the most important. One will be active and the other passive. Not all responses or engagements are important either. To know the difference between the two you will need to profile the personality type of your targets. Doing so will allow you to gain valuable insight into  the type of people you’re dealing with, and the corporate culture. </span></li>
<li style="font-weight: 400;" aria-level="1"><b>Use the “friendlies” to get to the real buyers</b><span style="font-weight: 400;"> &#8211; we’re in an economic environment of “if it’s not broken it will not get fixed” unless you find the pain. Forget about targeting the “C-Suite,” go for the users. Get to the people who have the need, not the decision makers. For that group, there is no decision to make yet. You have to build the case and surface the need. </span></li>
<li style="font-weight: 400;" aria-level="1"><b>Build the business case</b><span style="font-weight: 400;"> &#8211; once you have this insight, talk less about your solution and more about relieving the pain, being specific to that account. It will also need to be as close to the core operation of the business as possible. Can you help reduce cost, improve revenue, or make employees more productive, etc? We are in a “have to have,” not a “nice to have” buying environment. This is where sales and marketing have to come together. </span></li>
<li style="font-weight: 400;" aria-level="1"><b>Communicate it back</b><span style="font-weight: 400;"> &#8211; once you have the business case, you now need to communicate back to the key targets in the account in a language that connects with them personally.  To move the buying process forward, you need to get the right people to take action. You’re looking for a way to motivate them, and this  is where knowing their personality type comes into play. You can create offers and marketing assets that are highly personalized and create action. </span></li>
</ol>
<p><span style="font-weight: 400;">Think of this approach in two parts &#8211; a front end and a back end.  You&#8217;re going to have to “make orders” versus “take orders”, as they say (could I possibly use more cliches?!). The front piece is discovering or creating the pain, which requires tight integration between sales and marketing.  </span></p>
<p><span style="font-weight: 400;">The back end is communicating and selling the pain. You’ll need to find a way to motivate the organization on 3 levels &#8211; corporate, line of business, and at the individual level, in order to get a deal through the organization. This will be true for acquisition and existing accounts.</span></p>
<p><span style="font-weight: 400;">Collecting information on the front end should give you the insight you need to build the messaging and business case on the back end. And again, this takes a coordinated approach between sales and marketing. </span></p>
<p><span style="font-weight: 400;">It’s a difficult market right now so you not only need to work smarter, but also, harder (there I go again). This isn’t about more tools or increased scale.  It’s about identifying the right opportunities and leveraging them efficiently. Now if it was just that easy. </span></p>
<p>The post <a href="https://carbondesign.com/2023/5-steps-for-building-a-recession-grade-abm-program/">5 Steps for Building a Recession Grade ABM Program</a> appeared first on <a href="https://carbondesign.com">Carbon Design</a>.</p>
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