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The new developments in B2B marketing that you absolutely need to know for 2023

5 new B2B developments you absolutely must know in 2023

Do you need new ideas and knowledge of new trends to improve your B2B marketing for 2023? Let's summarize in 5 points the most significant new features to remember.  

1- The growth of search and social

The Winterberry Group recently released its annual marketing spend projections, with a B2B-specific study . Based on the findings, most of businesses' offline media spend will remain unchanged, with the exception of experiential/event marketing. This should experience impressive growth of 11.8% . Indeed, companies seem to want to return to conferences and trade shows this year. When it comes to digital, 70 % of media spend in the B2B sector is dedicated to two channels, search and social , according to the report. And use of these channels will continue to grow, by +12% and +16.9% .

2- Omnichannel marketing communications are here to stay

Business purchasing is becoming more and more complex. Also, purchasing groups are growing and working from home is becoming the norm. B2B marketers have responded with methods to reach buyers wherever they are. And this, regardless of the screen or printed media they consume. In this regard, one of the most effective approaches to omnichannel is strategic account marketing (ABM).

3- An increased need for precision and completeness of data

According to a new report from DNB, data inaccuracy is the number one barrier to success in B2B marketing . data quality themselves , rather than delegating it to someone in operations.

4- Higher capture rates for visitors 

Most B2B marketing to identify anonymous website visitors rely on identifying IP addresses or web forms . But today, you have marketing automation platforms like Magileads . Aimed at marketers, the software matches your site visitors to its vast database of opt-in individuals from a network of partners, regardless of the visitor's business affiliation. This is particularly interesting since having a visitor arrive on your site is likely a indicator of intent to make them worth contacting.

5- Learning is the real emotion behind the B2B purchasing decision 

New research from Canada suggests that business buyers are primarily motivated by knowledge enhancement . It turns out it's less about power, connection, and status . Yet these are the motivations that have been commonly assumed for years. copywriters and marketing editors something to eat

As a bonus, here are some surprising figures on B2B marketing in 2023 that you absolutely must discover:

  • In-person visits fell 68%, while video call sales interactions increased 69%.
  • B2B companies that use digital technologies increased their savings by 8%.
  • 70% of B2B organizations have an AI strategy in sales, but only 21% have implemented it.
  • Top-performing B2B sales teams are 2.3 times more likely to have adopted a digital approach.
  • 61% of B2B sales leaders say their industry lags behind B2C in technology usage.
  • 80% of B2B buyers expect a B2C-like experience.
  • 34% of B2B salespeople believe virtual sales meetings are as effective as in-person meetings.
  • Only 24% of B2B sales professionals consider their customer relationship management (CRM) systems to be effective.
  • B2B sales managers report a 43% increase in their video call meetings.
  • B2B customers typically use six different types of interactions, and nearly two-thirds find seller reps unhelpful.
  • 72% of B2B buyers find it more convenient to buy from a website than from a sales representative.
  • 49% of B2B buyers prefer to make their business purchases on the same websites they use for personal purchases.
  • The average B2B buyer's journey is 85% complete before they contact a sales representative.
  • 77% of B2B sellers currently rely on some sort of AI-driven technology in sales.
  • Businesses that personalize their B2B web experience can increase their conversion rate by 350%.
  • 65% of sales leaders who exceeded their revenue goals use sales analytics tools, compared to 48% of those who did not meet their goals.

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