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Top 5 Trends Reshaping B2B Marketing in 2023

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B2B marketing1

Introduction

In recent years, we’ve seen a dramatic shift in the landscape of B2B marketing. With the advent of new technologies and changes in buyer behaviour, businesses are having to adapt their marketing strategies to stay ahead of the curve. Right from allocation of budgets to utilization of resources the trends a changing dramatically.

According to a recent survey conducted by Statista among B2B businesses worldwide, a significant 50% of respondents reported their intention to increase spending in the upcoming year. This highlights a positive trend in the industry’s growth and suggests that companies are willing to invest more in marketing strategies to achieve their goals.

Furthermore, another survey revealed the most popular marketing tactics implemented by B2B businesses, with email marketing being the most widely used tactic at 84%. Social media and social media advertising ranked second at 75%, followed by blogging and content marketing at 69%. SEO ranked fourth at 60%, while tradeshows and events came in fifth at 54%.

These findings indicate that digital marketing continues to dominate B2B marketing efforts, with email and social media being the primary channels used to reach target audiences. Here are some of the top trends that are reshaping B2B marketing:

  1. The rise of account-based marketing:

With the increased focus on developing relationships with key accounts, account-based marketing has become one of the most popular strategies among B2B marketers. This tailored approach allows businesses to better meet the needs of their most valuable customers.

  1. The power of content marketing:

In order to reach and engage today’s buyers, businesses need to create compelling content that addresses their specific pain points. From blog posts and eBooks to infographics and webinars, high-quality content is essential for driving demand and generating leads.

  1. The importance of data-driven decision making:

In order to be successful, businesses need to make decisions based on data rather than gut instinct. By tracking key metrics such as website traffic and conversion rates, marketers can gain insights into what’s working and what isn’t, and adjust their strategies accordingly.

  1. The growth of social media:

Social media has emerged as a powerful tool to reshaping B2B marketing, allowing them to build relationships with potential customers and create brand awareness. However, with so many platforms to choose from, it’s important to select the right ones for your.

Trend #1: Artificial Intelligence and Machine Learning

Artificial intelligence (AI) and machine learning are two of the most talked-about topics in the business world today. And for good reason: these technologies have the potential to transform the way businesses operate and interact with customers.

In marketing, AI and machine learning can be used to personalize messages, understand customer needs and preferences, and even predict future behaviour. These capabilities are already being used by some of the biggest brands in the world to drive real results.

For example, Amazon uses AI to personalize shopping recommendations for its customers. Netflix uses machine learning algorithms to recommend shows and movies that users are likely to enjoy. And Facebook uses AI to help businesses target ads more effectively.

As these examples show, AI and machine learning are reshaping b2b marketing landscape. Here are three trends to watch out for:

  1. Personalization will become more important than ever before.
  2. Chatbots will become commonplace (and more sophisticated).

Trend #2: Automation of Sales and Marketing Processes

MyContactForm.com notes that with the increase in internet usage and online purchasing, many businesses are finding that regular “outbound” marketing methods are less effective than they used to be.

The costs of these methods – like print advertising, TV commercials, and direct mail – are also on the rise. In response, businesses are turning to more modern “inbound” marketing strategies that make use of digital tools and platforms.

One such trend is the automation of sales and marketing processes. By using software to automate repetitive tasks, businesses can free up time and resources for more creative and strategic tasks. Additionally, automation can help to improve accuracy and consistency in data collection and analysis. This can lead to better decision-making about where to allocate resources for maximum impact.

There are a number of different software applications available that can help with automation of sales and marketing processes.

MyContactForm.com notes that some popular options include Hub Spot Sales, Pardot, Marketo, Eloqua, and Infusionsoft. However, it’s important to select the right tool for your specific needs; not all of these applications will be a good fit for every business.

If you’re thinking about implementing automation in your sales or marketing process, myContactForm.com recommends doing some research to determine which application will work best for you. They also suggest starting small by automating only a few tasks at first, so that you can get

Trend #3: Increased Role of Emotional Connections

As we head into 2020, it’s clear that one of the biggest trends reshaping b2b marketing is the increased role of emotional connections.

In a world where consumers are bombarded with marketing messages from all angles, brands that can create an emotional connection with their audience are more likely to cut through the noise and stay top of mind.

One way to create an emotional connection is to tell stories that resonate with your audience. This could be sharing customer stories, or creating content that highlights your brand’s values. Another way to foster an emotional connection is to make it easy for customers to connect with your brand on a personal level. This could be through offering customizable products, or creating a social media hashtag that lets customers share their own experiences with your brand.

No matter what approach you take, remember that emotion should be at the heart of your b2b marketing strategy. By creating an emotional connection with your audience, you’ll be able to build long-lasting relationships that will pay off in the form of loyalty and repeat business.

Trend #4: Rise of Integrated Platforms for Seamless Execution

The rise of integrated platforms is one of the top trends reshaping b2b marketing. Seamless execution across all channels and devices is becoming increasingly important to b2b marketers, and an integrated platform can provide the foundation for this.

By centralizing data and functionality on a single platform, b2b marketers can more easily manage campaigns, analyse performance, and optimize results. Additionally, an integrated platform can help marketers connect with customers across channels in a consistent and personalized way.

Trend #5: Shift towards Digital advertising and Social Media Outreach

There are few things more important to the success of your business than having a solid marketing strategy. And while some things never go out of style—like word-of-mouth marketing, for example— other elements of your marketing mix will need to be updated to stay current. With that in mind, here are five trends that are reshaping b2b marketing:

  1. The rise of digital advertising

As consumers continue to spend more time online, it’s no surprise that businesses are following suit and investing more in digital advertising. In fact, according to a recent study by eMarketer, digital ad spending is expected to surpass $100 billion by 2021. From search engine optimization (SEO) to social media ads, there are a variety of ways to reach your target audience online. And with platforms like Google Analytics, you can track your campaign’s performance and make adjustments accordingly.

  1. The power of social media outreach

Social media is one of the most powerful tools at your disposal when it comes to marketing your business. Not only does it provide an avenue for promoting your brand and connecting with potential customers, but it also allows you to gather valuable feedback and insights. When used effectively, social media can be an invaluable asset in growing your business.

  1. The importance of mobile marketing

With over two billion active smartphones users worldwide, it’s clear that mobile is not going anywhere anytime soon. And as such, businesses need to find ways to reach

Conclusion

In conclusion, 2023 is likely to be a watershed year for reshaping B2B marketing trends. The data and demand are all pointing in the direction of customization, artificial intelligence, collaboration and personalization as being essential elements of success. These five key trends that we talked about will go a long way towards reshaping what was possible with B2B marketing in the past and taking it into an exciting future. Embracing these changes now could mean you have a substantial head start when the time comes to reap their rewards.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Economy

Renewed Buying Interest Lifts NASD OTC Market by 0.52%

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NASD OTC stock exchange

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange opened the week with a 0.52 per cent rise on Monday, July 20, driven by renewed buying interest.

The volume of securities traded during the opening session surged by 6,663.3 per cent to 52.6 million units from the previous 777,002 units, and the value of securities rose by 200.9 per cent to N191.2 million from the preceding session’s N104.2 million, while the number of deals depreciated by 15.2 per cent to 28 deals compared to the preceding session’s 33 deals.

Great Nigeria Insurance (GNI) Plc remained the most active stock by value on a year-to-date basis, with 3.4 billion units sold for N8.4 billion, followed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units valued at N6.5 billion in trades, and Central Securities Clearing System (CSCS) Plc with 75.4 million units exchanged for N5.3 billion.

GNI Plc also closed the day as the most traded stock by volume on a year-to-date basis, with 3.4 billion units worth N8.4 billion, followed by Infracredit Plc with 2.3 billion units transacted for N6.5 billion, and Resourcery Plc with 1.1 billion units traded for N415.7 million.

Yesterday, there were two price gainers and three price losers, led by FrieslandCampina Wamco Nigeria Plc, which slid by 66 Kobo to end at N141.15 per unit versus last Friday’s N141.81 per unit, Food Concepts Plc lost 24 Kobo to close at N2.31 per share versus N2.55 per share, and Geo-Fluids Plc declined by 17 Kobo to settle at N2.25 per unit compared with the previous closing price of N2.42 per unit.

Conversely, CSCS Plc chalked up N5.19 to close at N99.33 per share versus N94.14 per share, and Mass Telecoms Plc appreciated by 3 Kobo to sell at 35 Kobo per unit from 32 Kobo per unit.

As a result, the market capitalisation increased by N13.57 billion to N2.606 trillion from N2.593 trillion, and the NASD Security Index (NSI) gained 22.6 points to quote at 4,343.27 points, in contrast to the previous 4,320.67 points.

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Economy

Naira Gains 7 Kobo Against US Dollar in Official FX Market

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weakening Naira

By Adedapo Adesanya

The Naira almost traded flat against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, July 20. It gained 7 Kobo during the session to sell at N1,380.11/$1, in contrast to last Friday’s value of N1,380.18/$1.

It also appreciated against the Euro in the same market window during the session by N1.64 to close at N1,575.95/€1 versus the preceding session’s N1,576.99/€1, but depreciated against the Pound Sterling by N2.93 to trade at N1,857.35/£1 compared with the previous trading day’s N1,854.42/£1.

At the GTBank forex desk, the Nigerian Naira lost N1 against the US Dollar to quote at N1,389/$1 versus N1,388/$1, and at the black market, it traded flat at N1,405/$1.

Data from the Central Bank of Nigeria (CBN) showed that interbank FX turnover settled at $266.2 million, 7.5 per cent lower than the previous close of $287.8 million. Also, the number of deals at the interbank FX market declined to 68 from 106.

Despite this, there are signals that the Naira has pillars that can prop up its stability. Updated data from the apex bank showed Nigeria’s gross foreign exchange reserves increased to $51.92 billion as of July 16, 2026, reflecting continued improvements in the country’s external position.

A slew of analysts predict further increases will lift the gross balance above $52 billion this week, the highest seen since 2009.

Also, there are expectations that the country will be able to boost remittances into the country to $1 billion on a monthly basis by the end of the year; this will help ease pressure on the FX markets.

Meanwhile, in the crypto market, Bitcoin (BTC) climbed to about $65,500, reaching a two-week high, as the semiconductor selloff that dragged crypto lower last week reversed and Asian chip stocks led a broad risk rally. It rose by 2.4 per cent to $65,676.01.

There was also support from five straight days of inflows into US spot Bitcoin ETFs totalling more than $600 million, marking the strongest stretch of institutional buying since mid-July.

Cardano (ADA) jumped by 8.3 per cent to $0.1756, Ethereum (ETH) grew by 4.0 per cent to $1,930.33, Ripple (XRP) improved by 3.9 per cent to $1.13, Solana (SOL) appreciated by 3.2 per cent to $78.34, Binance Coin (BNB) added 1.9 per cent to sell for $575.34, and Dogecoin (DOGE) expanded by 1.7 per cent rise to $0.0729.

However, TRON (TRX) declined by 0.1 per cent to $0.3261, and the US Dollar Tether (USDT) and the US Dollar Coin (USDC) traded flat at $1.00 each

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Economy

NGX All-Share Index Rises 1.12% on Sustained Bargain-Hunting

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NGX All-Share Index

By Dipo Olowookere

Sustained bargain-hunting in local stocks further lifted the Nigerian Exchange (NGX) Limited by 1.12 per cent on Monday.

The buying pressure was across the major sectors of Customs Street, though the consumer goods space came under profit-taking, closing flat.

But the banking counter expanded by 3.14 per cent, the industrial goods index gained 2.82 per cent, the insurance sector increased by 0.25 per cent, and the energy segment soared by 0.08 per cent.

Consequently, the All-Share Index (ASI) surged by 2,721.83 points to 246,183.96 points from 243,462.13 points, and the market capitalisation went up by N1.755 trillion to N158.812 trillion from N157.057 trillion.

Custodian Investment and NEM Insurance chalked up 10.00 per cent each to sell for N75.90 and N30.80, respectively, BUA Cement rose by 9.98 per cent to N303.10, First Holdco improved by 9.95 per cent to N105.50, and FTN Cocoa advanced by 9.94 per cent to N9.29.

On the flip side, SUNU Assurances shrank by 10.00 per cent to N3.60, Tripple Gee slipped by 9.77 per cent to N3.51, ABC Transport tumbled by 9.62 per cent to N7.05 per cent, Abbey Bank crashed by 9.00 per cent to N9.10, and Coronation Insurance dipped by 7.69 per cent to N2.40.

The market breadth index was flat yesterday, as there were 31 price gainers and 31 price losers.

First Holdco led the activity chart during the session, with a turnover of 203.9 million shares valued at N21.5 billion. Access Holdings sold 190.7 million equities worth N4.8 billion, UBA traded 29.2 million stocks for N1.4 billion, Zenith Bank transacted 24.7 million shares valued at N2.9 billion, and Sterling Holdings exchanged 23.6 million equities worth N187.4 million.

When trading activities ended at 4 pm, investors traded 851.6 million stocks for N49.6 billion in 56,873 deals compared with the 685.9 million stocks valued at N42.7 billion transacted in 44,134 deals last Friday, representing a rise in the trading volume, value, and number of deals by 24.16 per cent, 16.16 per cent, and 28.86 per cent, respectively.

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