Commentary

They Need Data: B2B Firms Bothered By Lack Of Information And Analytics

B2B email teams are at the mercy of targeting systems that may not serve their needs, judging by a new study from Anteriad titled Advertiser Perceptions.  

These data issues affect everything from demand generation to choosing vendors and partners.  For instance, the respondents list these challenges:

  • Targeting the right prospects at scale — 42% 
  • Actionable analytics/measurement — 42% 
  • Sales and marketing alignment — 39%
  • Budget resources — 35% 
  • Growing the pipeline — 33%
  • Keeping prospects engaged during the buying cycle — 27% 
  • Identifying where prospects are in the customer journey — 24%
  • Content development—17%

Similarly, trouble using insights/analytics is ranked as the top demand-gen challenge: 

  • Inability to utilize insights and analytics effectively — 40%
  • The pressure to meet KPIs inhibits innovation — 42%
  • Our campaigns are activated and managed in silos — 37% 
  • Increasing complexity of buying groups — 35% 
  • Lack of tool consolidation/integration with current adtech/martech — 35% 
  • Lack of infrastructure, resources and/or workforce — 33%
  • A lack of clear and standardized definition of a lead — 32% 
  • The difficulty of bringing humanity into B2B marketing — 28%

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Given all that, it should be no surprise that key decision makers demand data accuracy, targeting and data security from would-be data partners. They want:

  • Data accuracy — 91% 
  • Ability to identify my target audiences — 89% 
  • Data security, privacy and compliance — 89% 
  • Data recency — 88%
  • Pricing — 88%
  • Ability to use in multiple channels — 85% 
  • Ease of data ingestion into tools/tech stack — 82%
  • Scale of data — 81% 
  • Intent data quality — 81% 
  • Service and support — 77% 
  • Availability of an ID Graph — 72% 
  • Global data coverage—69% 

What are B2B brands trying to achieve this year? Their goals are: 

  • Revenue — 46% 
  • Lead generation — 43%
  • Lead conversion — 39%
  • Brand awareness — 37% 
  • Grow sales pipeline — 30% 
  • Customer engagement — 25% 
  • Brand loyalty — 23% 
  • Upsell/Cross-sell — 21%
  • Customer education — 18% 
  • Foot/site traffic — 11% 

Anteriad surveyed 201 marketer and agency contacts from the Advertiser Perceptions AdPros community in the spring.

 

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