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DMA Publishes 'The B-to-B Sphere of Influence: Best Practices'

Most B-to-B Marketers Use Email as Contact Method

 

 

New York, NY, March 4, 2008 — In order to make a business-to-business (B-to-B) sale, how many people need to be contacted?  And who are the strongest catalysts to complete the sale?  In other words, how big is the sphere of influence in a B-to-B sale?  The Direct Marketing Association (DMA) answers that question and many others in its first study exploring the topic:  “The B-to-B Sphere of Influence:  Best Practices.”

 

“When we asked B-to-B marketers what research they wanted, we repeatedly heard that there is very little research on how to market to companies with complex decision-making processes,” said DMA Research Manager Yoram Wurmser, Ph.D.  “With this in mind, DMA set out to create a report that clarified how marketers identify, contact, and frame messages to decision-makers, influencers, specifiers, and others involved in the B-to-B buying decisions.”

 

“Not only did we want to show what average marketers are doing, but we also wanted to identify best practices,” Dr. Wurmser said.  “This new DMA report, which has both quantitative findings as well as case studies, will give marketers information in an area that has been sorely lacking.”

 

This DMA report, Dr. Wurmser added, provides B-to-B direct marketers with a comprehensive overview of the “sphere of influence,” or the people who make the B-to-B buying decisions, from two perspectives:

 

·         Survey results from B-to-B professionals regarding their estimated sphere of influence and marketing practices

 

·         Campaign case studies from DMA’s 2007 International ECHO Awards

 

In addition, the report presents 30 graphs and charts that help readers benchmark their own direct marketing progress.

 

Key findings from the report include the following:

 

·         Those B-to-B marketers who are considered to use “best practices” employ several types of media to reach a broader audience with separate, targeted messages.

 

·         Email is the leading medium B-to-B marketers use for reaching all types of contacts.

 

·         Those respondents who identified themselves as experts are more likely to depend on their sales force to determine the proper sphere of influence.

 

·         Most B-to-B marketers believe each client has three to five people in the sphere of influence.

 

·         Eighty (80) percent of direct marketers distinguish among types of contacts, with 60 percent relying on titles (such as chief financial officer) or reports from their sales force that help them make those distinctions. 

 

·         Among marketers who differentiate among client contacts, 80 percent use this information to tailor their message by value proposition, personalization, and relationship building.

 

·         Fifty-nine (59) percent reported timing their communications with decision-makers and influencers differently.  Of those who do so, 66 percent contact influencers more frequently.

 

·         Award-winning campaigns engage the customer, then allow the customer to interact with the campaign through games, microsites, and personalized material.

 

·         To get past gatekeepers, experts make the reward for the decision-maker readily apparent.

 

 

The cost of “The B-to-B Sphere of Influence:  Best Practices” is $95 for DMA members, and $195 for non-members.  The report is available now for downloading at DMA’s Bookstore.  To purchase, click here.

 

Members of the press may request a complimentary copy of the study by contacting Sue R.E. Geramian, DMA senior vice president of communications, public and media relations, at 212.790.1486 or via email at sgeramian@the-dma.org.

 

About Direct Marketing Association (DMA)

 

The Direct Marketing Association (www.the-dma.org) is the leading global trade association of businesses and nonprofit organizations using and supporting multichannel direct marketing tools and techniques.  DMA advocates standards for responsible marketing, promotes relevance as the key to reaching consumers with desirable offers, and provides cutting-edge research, education, and networking opportunities to improve results throughout the end-to-end direct marketing process.  Founded in 1917, DMA today represents nearly 3,600 companies from dozens of vertical industries in the US and 50 other nations, including a majority of the Fortune 100 companies, as well as nonprofit organizations.

 

In 2007, marketers — commercial and nonprofit — spent $173.2 billion on direct marketing in the United States.  Measured against total US sales, these advertising expenditures generated approximately $2.025 trillion in incremental sales.  In 2007, direct marketing accounted for 10.2 percent of total US gross domestic product.  Also in 2007, there were 1.6 million direct marketing employees in the US.  Their collective sales efforts directly supported nearly 9.0 million other jobs, accounting for a total of 10.6 million US jobs.

 

The Power of Direct:  Relevance.  Responsibility.  Results.

 

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