58%
The Data-Driven Marketing Era
Launch of targeted marketing with the ability to gather and analyze data across digital platforms
In a world where marketing budgets are tighter than ever and competition has never been fiercer, it's never been more difficult to successfully reach and engage with customers. In fact, 55% of marketers say it’s become harder to reach customers than it was five years ago.
We asked 120 global B2B SaaS marketing leaders about the challenges they’re currently facing. Unsurprisingly, they indicated that the main blockers were capturing customer attention, an increased number of touchpoints required, and differentiation against competitors.
In these challenging times, personalized 1:1 marketing is the key to success, with more customers preferring individual interactions over generic messaging. Read on for our full findings and learn why personalization is important to any B2B marketing strategy.
of respondents consider personalized 1:1 marketing essential for B2B marketing success, with most recognizing its importance.
This approach shifts from mass marketing to tailored interactions meeting customers' unique needs and interests directly.
“Personalization will become a major factor. With so many businesses and brands offering the same things, you need to stand out.”
Survey respondent
When asked which method marketers preferred brands to engage with them, social media (40%) and 1:1 email (33%) were the clear favorites.
This was significantly more so than mass email, which polled at 13%.
The most popular types of personalized content include:
Social media
Videos
Emails
Discounts for close customer relationships
Written content such as case studies, blogs, and whitepapers were also noted.
But personalized marketing isn't just about the type of interactions and channels you use. It's also about knowing how customers are converting.
We've found that the number of touchpoints to convert a sale has gone up compared to five years ago.
When exploring the best technologies for personalized marketing, CRM systems emerged as the top choice for customizing strategies for each client, with 72% of marketers in agreement.
Social media and marketing automation tools also play a key role for 55% of marketers, while 36% see the potential of AI and machine learning in improving personalization and targeting.
As technology continues to evolve, marketers can use these tools for even more precise and effective personalized marketing efforts.
Marketing has undergone a significant transformation from the age of traditional mass media. This shift has included the emergence of email and social media, evolving further into the collection and analysis of large data sets to develop personalized messaging strategies.
But just how successful have marketers been so far at personalization? And what does the future hold for personalization?
The majority of those surveyed (58%) believe that the Data-Driven Marketing Era has been the most successful in 1:1 marketing. This stands to reason, as the data that marketers have been able to access over the last decade has revolutionized our automation efforts
Interestingly, 30% of respondents believe that we still haven’t seen the most impactful marketing era, with AI set to revolutionize our use of data and automation.
This shift is fueled by customer demands for seamless, personalized marketing, a standard set by giants like Netflix and the B2C market.
B2B marketing personalization has seen remarkable progress in recent years, indicating that we are on the verge of a significant transformation.
Launch of targeted marketing with the ability to gather and analyze data across digital platforms
Focused on offine channels like print, television, radio, and billboards
1990s-2000s with the arrival of email and social media networks
Conversion rates remain the most popular way to measure the effectiveness of personalization efforts, as voted for by 78% of respondents. Customer retention followed (46%) and then click through rates (38%).
“Understanding the areas to focus on with data, not only helps reduce expenses but allows you to connect with your targeted audience easier.”
Survey respondent
Our research suggests that the next era is poised for a significant evolution in 1:1 marketing.
This will be driven by advancements in AI, and the need to create authentic connections at scale.
“Customers and people still want to feel valued so will still want human contact, but marketing techniques may have to adapt with AI and be able to embrace it.”
Survey respondent
“The future of marketing will be driven by AI-powered personalization predictive analytics, and omnichannel integration to deliver seamless and relevant experiences across multiple touchpoints...”
Survey respondent
With 86% of participants acknowledging the crucial role of 1:1 marketing in B2B success, companies that employ personalized marketing strategies—such as account-based marketing, individualized emails, and tailored email signatures—place themselves at a strategic advantage to seize opportunities and propel technological advancement.
Exclaimer is ideal for a future focused on personalization and tech adaptability. Its platform allows for customized content and promotions in individual emails, enabling personalization at scale. Marketers can use this to send content tailored to each recipient's stage in the buying process.
Learn how to optimize the high volume of 1:1 emails to boost lead generation, improve conversion,and drive revenue. Then, get an interactive product tour to see this in action.
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This global survey was commissioned by Exclaimer and conducted by FINITE, with a sample of 120 SaaS marketers.