fbpx

Innerblack agency

Category Archives: Our partners

Why a marketplace is not the end of B2B brand building: 5 key insights

Why a marketplace is not the end of B2B brand building: 5 key insights

Why a marketplace is not the end of B2B brand building: 5 key insights

Putting your products on a B2B marketplace inevitably involves some loss of control over the customer experience. But it doesn’t have to lead to the slow erosion of your brand, as many B2B professionals fear.

Here are six insights into how brand building and marketplaces can go well together in B2B. These are valid in any domain, be it industrial manufacturing, consumer goods, pharma or others.

1. Your brand is not your sales pitch

We shouldn’t confuse telling sales and marketing stories with building a band. Of course, relying on a B2B marketplace gives you less space and fewer options to communicate your message than a branded e-commerce website or a face-to-face PowerPoint-driven meeting. But we should not take the shortcut into thinking that our brand exists only in those stories, and because of those stories.

The marketplace is a channel; it’s where people go to buy your product, not to form their opinions of your products and your company. The brand precedes all that, or it should, because if you go on to a marketplace without a strong brand how do you differentiate yourself? This might not be as important if you are operating in a highly commoditized market or in low consideration products, but it still matters.

2. Your “good old website” is still key

Some B2B companies think about “marketplace” or “e-commerce” as either/or options, but they are not mutually exclusive. A digital sales strategy shouldn’t hinge on just “the marketplace” or just “the website” – it’s not a matter of one over the other.

Marketplace or not, it is crucial to have a strong website on your own domain to build your online brand presence. Make sure your good old “corporate site” is one supercharged with content marketing, with a confident push to social media and of course, direct marketing.

One of the main reasons for this is that search engines are still a leading destination for B2B buyers to discover options, explore possibilities and evaluate alternatives. Another reason is that social media platforms have become as important in B2B as in our personal lives as consumers.

3. Your product or service might be the best vehicle for building your brand

The best opportunity to build a brand is when your customers are actually using your products or services. That’s when the customer really starts to build loyalty with your unique brand qualities, and advocate it.

If you can augment your product or service with digital services (think self-service portal, online account management, subscriptions) you have an even greater opportunity to build your unique brand and take ownership of the customer experience, regardless of whether the product was purchased from your site or via a marketplace.

4. B2B e-commerce can further power your brand

Marketplaces can be the perfect channel for your digitalization, but we rarely advise having them as the only channel, except perhaps in the early phases of a digital transformation.

What we typically see is that combining marketplaces with e-commerce offers the best way to widen your reach as much as possible.

Marketplaces can be used for the part of your product portfolio that appeals to a broad audience and they will undoubtedly help you reach many new customers; you can then use your own B2B e-commerce site to deliver the more premium elements of your overall offering or provide added-value services that cannot be delivered via a standard marketplace.

If you can take your customers from business marketplaces to your own e-commerce area, you’ll be able to further develop your brand story and make sure it has an impact.

5. Marketplaces still offer branding options.

We should also say that while B2B marketplaces are often limited and will keep you at a distance from your customers most of the time, they all offer some tools for branding or digital marketing such as mini-sites, user reviews, promotions and others.

Admittedly, these come at a price, but they should not be underestimated. They can be instrumental in making a difference for potential buyers evaluating many options.

In short, don’t just push your product to the marketplace and forget about it but consider the marketplace as a real extension of your digital marketing toolset.

4 key lessons for businesses in 2022

4 key lessons for businesses in 2022

4 key lessons for businesses in 2022

2021 really kept businesses on their toes. But if trying times are good for anything, it’s that they force us to refine what’s really important: the strategies that actually help us to succeed as a community. All the experience we’ve collected this year is just too valuable to leave in 2021, so we squeezed everything we’ve learnt while working with top brands into these five essential business lessons to take forward into 2022.

1.) Tell your sustainability story

We all know that the key to securing brand growth, year on year, is data-led creative content that reaches consumers where and when they want it. Nothing’s changing there. But what do consumers want to see in 2022?

Surprise! It’s sustainability. According to research, one in three consumers claim to have stopped purchasing specific brands and products in 2021 because they had sustainability-related concerns about them. And just like the digital revolution, this trend is rising faster than we might realize.

In 2022, your modern content marketing strategy still has to be relentlessly consumer-first, but it also has to be planet-first. Wherever your brand is on this journey, this is the year we all have to start telling sustainability stories and inspiring our consumers and sectors to do better. Your relevance and the future of the planet depend on it.

2).Align marketing and e-commerce to optimize and grow D2C sales

The rising consumer demand for online purchasing has been a big deal for digital development over the pandemic. Some global fast moving consumer goods brands have responded by experimenting with direct-to-consumer (D2C) sales, launching their own e-commerce offerings and channels. And they’re definitely onto something.

Owning e-commerce can give brands that extra level of control over their customer journeys, but only if those channels are directly aligned with marketing insights and data-led consumer journey mapping.

In the year ahead, this D2C movement will only mature if developed on a cross-functional level. That means marketing and digital teams need to align around customer personas and insights in order to reach the right audiences at the right time.

3.) Adopt an agile, fast and experiment-led approach to beat your competitors

The ability to move quickly and adapt to complex digital and consumer climates is no longer just a competitive advantage for modern businesses. When uncertain times are testing us, we need to be constantly testing our strategies and processes against them.

Experimentation doesn’t have to mean big, innovative leaps that shake the status-quo in risky and expensive ways every time. This new year, let’s all start seeing innovation as just the pursuit of fast and frequent marginal gains.

With the right processes, systems and permissions so experiment embedded into your marketing strategy and overall company mindset, success can be rapid measured, and scaled with no need for big budgets or vast amounts of time. In 2022, failures are the new gains.

4.) Nurture the right skills to improve performance in the face of change

Innovation isn’t the only process that needs a mindset makeover this new year. We also need to redefine how we value and measure growth.

Real, sustained business growth comes from nurturing lasting in-house capabilities that build the most creative, robust, and resilient marketing teams. The investment of time and budget into training and development should be an integral part of this year’s marketing strategy. Because strategy with a long-term focus on people, purpose and processes enables teams to achieve consistent learnings and wins.

How to nurture and retain talented people within a business

How to nurture and retain talented people within a business

How to nurture and retain talented people within a business

The talent and advertising industries are filled with fast paced, creative businesses, who all want to hire and nurture the most talented and innovative people. By their nature, talents are often looking for new challenges and opportunities to progress, leading to high levels of staff turnover industry-wide. This is something all agencies battle with, in an effort to retain talent within the business and reduce their staff turnover.

A way to approach the issue of attrition is to simply embrace it. People are on a journey throughout their careers and, by recognising this and identifying why employees are moving on, we can achieve our aim for employees to want to stay longer, simply because they can see the benefits that matter to them within the business. Our aim should be to help people do their best work whilst they’re with us and facilitate the learning and development that helps them realise their goals.

At Blackpaper, during our current period of innovation, we’re aiming to address the reasons why our colleagues and team members would look to move on. Here, I run through just some of the ways we are approaching our talent engagement strategy to enhance employee experience and ensure that, when they do choose to move on, they look back on their experience with us positively.

The challenges of retaining talented people

It’s no secret that having talented people working with you provides a competitive advantage. Not only are you able to provide clients with an enhanced service, but your business is able to grow and challenge itself at a faster rate. This has the added benefit of attracting further talented people, who will recognise the success of your brand and see themselves reflected within your staff.

With this in mind, talent attraction and retention are both critical parts of securing business growth and development. By engaging your talent and recruiting employees who fit with your company culture and want to grow, you are securing a strong group of talent to help you and your clients accelerate. Talents have strong networks from an early stage in their careers, and large agencies are wonderful for forming long-lasting friendships. By providing a positive environment, your existing talent are more likely to recommend past colleagues that align with your brand values and company culture.

But, this can be a double edged sword. When your competitors are focused on not only winning clients from you but tempting talented staff to join them, being able to provide an exciting, promising, and engaging work environment can be the difference between maintaining your staff roster or witnessing a potential mass exodus. Being able to engage current talent and giving them reasons to stay and develop with you can turn the tables on any conversations they’re having with friends at other businesses.

The cultural impact of a high turnover

The impact of a high staff turnover goes beyond the quality of service you can give to your clients, and the consistency in the faces they interact with. Being able to provide stability for your talent helps foster a positive environment and long-term working relationships. When high levels of turnover are taking place, this can create unrest and (in many cases) increased workloads for staff needing to train new starters.

When companies are going through periods of innovation, this can also be a key point to look at how talent is being nurtured within the business. If you neglect to ensure your talented people feel included in innovation and that the ‘people’ side of the business is equally as valuable, you may experience higher levels of turnover, which could turn your period of innovation from a positive to a negative experience.

Companies that want to keep innovation going while experiencing high staff turnover need to foster an open environment of trust, where employees feel safe and comfortable in speaking up. For employees who are hesitant of change, innovation can seem worrying and lead them to seek other opportunities. Ensuring they feel included and that their voices are being listened to will help mitigate any increase in turnover and make your staff feel valued.

While going through our own period of innovation, we’ve taken the time to ensure we’re including people development within our plans. At the heart of building a client centric culture, we’re ensuring that our people have the access to the development and training they need, and that the company culture we’re building is one of always learning – no matter what level you sit at. To put it simply, our aim is to help people do their best work at Blackpaper and capture the fresh ideas & raw talent that feed innovation – ideas that can (and do!) come from anyone within the business.

As for engaging with and recruiting new talent during a period of change, it’s important they are able to excel while also being a good culture fit, both in terms of working well with the existing team and helping to drive that change. When recruiting, support people managers in finding out what their teams are missing and getting an ideal personal profile in place. Give clear guidance on company culture, and encourage interview questions to be based around values to help identify how interviewees will fit with both your brand growth goals and existing colleagues.

Generational differences

It could be that a generational difference in the approach to employment. Whereas it was traditionally common to have a job for life, this is no longer the case, and younger generations are more likely to ‘job hop’ to find somewhere which is a good fit for them.

Leaning into this attitude of finding the right person for the right job works both ways. By taking the time to consider whether an opportunity is a good fit for them, the mobility of younger employees enables businesses to find a good fit for the role and should try and match the flexibility of younger employees, working with them to find a place for their talents within the business.

In the case of junior and entry level staff members, we try and give them the opportunity to truly learn their trade and be exposed to all parts of the business, along with the marketing industry as a whole. This is a true benefit to being a smaller, more agile company as we can facilitate our staff following their interests and filling any knowledge gaps. Natural curiosity is a quality every marketing agency should value in employees and being able to encourage and fulfil this for your employees helps them identify where they want their career to go next.

Teaching managers to be coaches

It may seem simple but putting clear personal and career development plans in place gives staff a clear idea of where their next steps are and what they need to do to get there. By engaging staff in creating personal development plans with their managers at times of change, they will feel valued and recognised, and have a clear view of where their role fits within the business. To go further than this, the plans we encourage our staff to create can include future career goals, both within and outside of Blackpaper.

 

The Relationship Between Content Creators, Influencer Marketing And The Music Industry

The Relationship Between Content Creators, Influencer Marketing And The Music Industry

The Relationship Between Content Creators, Influencer Marketing And The Music Industry

With the rise of apps that have a centralised music offering, and the pandemic shifting what consumers want to see, the music industry is becoming more and more reliant on influencer marketing.

We’re unpacking the relationship between content creators, influencer marketing and the music industry to reveal the latest trends that are emerging between artists and content creators.

Why Is Influencer Marketing Becoming Essential To The Music Industry?

Influencer marketing is finding its place within the music industry thanks to apps like TikTok and Triller. The popularity of these apps is undeniable, with more than 90% of TikTok users aged between 16-24 going on the app more than once daily and the Google search for ‘How To Make A TikTok’ increasing by 400% at the beginning of year.

These social media apps are encouraging people to create their own videos to music they have produced or remixed themselves. The video and music editing tools available on these apps give people easy access to create such remixes, and often, these become huge hits that raise awareness of the artist’s track who is being used.

The music industry is catching onto these trends and realising how important it is for artists to be collaborating with creators on these platforms and creating their own content.

Why Are Artists Collaborating With Content Creators?

The key reasons that artists are collaborating with content creators are:

To Find Innovative Ways To Engage Their Audience

When music artists and content creators come together, they are able to create amazing content that resonates with their audience. This provides artists and music labels with new opportunities to engage their audience, and possibly tap into new and unexplored audience demographics.

Pursuing New Revenue Streams

Many brands and artists are changing their content strategies as a result of the pandemic and using platforms like TikTok to pivot their offering and explore new revenue opportunities. Using social media to advertise their music can boost sales and help artists recognise the power of social media as a well-established revenue stream.

At-Home Content

As a result of the pandemic, many brands have been left with fewer resources and lower budgets. The content creators of today are their very own production powerhouses, and this relieves the pressure on brands to produce all of their own content.

Remix/Viral Potential

Many of the viral videos on these apps use repurposed and remixed music content, which have the potential to broaden an artist’s reach exponentially. It can be predicted that apps like TikTok will continue to excel in both popularity and value, and influencer marketing platforms will be increasingly used to help artists supercharge their influencer marketing strategy through repurposing strategies.

How Are Artists Becoming Content Creators?

Artists are seeing success in using social media to create their own content and interact with their audience in new ways. There are plenty of opportunities to grow a fan base and produce new content that can then be shared and boosted by music content creators. A great example of this is Marc Rebillet, who is using platforms like TikTok and Instagram to grow his audience and offer music content.

The Value Of Ambassador Programmes

The Value Of Ambassador Programmes

The Value Of Ambassador Programmes

Stand-alone influencer marketing campaigns are super effective for product launches or special events that need to create an instant splash, but we’ve found that ambassador programmes hit different.

Ambassador programmes are long-term campaigns that span for weeks, months, or even years. This type of activation creates deeper connections with an audience, builds awareness and engagement around a product or service, and generates more meaningful results over time.

In this article, we’re going to be taking a look at the benefits of this influencer marketing strategy, and offer best practices that will ensure the smooth running of your next ambassador programme.

The Benefits Of An Ambassador Programme

More visibility: Ambassador programmes bring a wealth of content that is shared over a long period of time. This means that both product and brand messaging are put in front of the eyes of many, leading to an increase in visibility and exposure.

More stories, in one: In producing a wealth of content, a creator can tell multiple narratives in one campaign. A piece of content may focus on a product, outlining its USPs, and another piece of content may focus on a certain brand message, all using the recognisable voice of one creator.

Strong relationships: When a brand works with a creator over a long period of time, a strong and therefore effective relationship is built. If there are strong foundations and values are aligned between both parties, the content produced will look and feel genuine to the target audience. This lends to another benefit perfectly – a creator who has a strong relationship with a brand will be more likely to over-deliver on content. When this happens, the creator’s audience gets more organic content and a brand gets more value for their money; it’s a win-win situation.

Ability to adapt: By building a campaign over time, you can adapt and optimise the content shared and overall performance of the campaign. You will consistently be learning from your campaigns and adapting as you go, making sure you’re getting the best possible results out of the content delivered.

Authenticity: A creator who chooses to work with a brand on a long-term basis and on multiple occasions will appear more genuine and their content will fit naturally and authentically in their feed. The brand will be able to negotiate exclusivity clauses for the duration of the programme, making sure the creator doesn’t engage with competitors.

Best Practices To Ensure A Successful Ambassador Programme

Now we’ve outlined the benefits of implementing this influencer marketing strategy, we’re going to recommend our best practices that ensure a successful and effective ambassador programme.

Select your ambassadors carefully: Candidates for your programme should be vetted with great care, to ensure they are a perfect fit for your brand and your campaign. Here, at Influencer, we vet creators across three categories: Science, Synergy and Style. Within these categories, we take a deep dive into their community demographic, to ensure the set of creators are representative of a wide range of verticals and audiences, brand safety and brand affinity, the ‘look and feel’ of previous content, and how content has performed in the past.

It is also important to vet your chosen creator throughout the programme, which adds one final category: Sustain. The very nature of an ambassador programme means that you should be measuring and assessing performance throughout the length of a campaign, ensuring that only the best performing and most authentic creators remain a part of the programme.

It is important to remember that if any red flags show during this process, you can change and replace the potential under-performers.

Plan smartly: Fail to prepare, prepare to fail – and this could not be more true for ambassador programmes. From the outset, our campaign managers help your brand set goals and KPIs, design activation phases for the campaign and identify strong calendar moments that campaign content could naturally align to.

Without a clear direction from the outset, creators and brands alike can end up creating content that doesn’t hit the spot, so having clear objectives and deliverables can help to create content that really converts.

Be flexible and stay collaborative: It is important to monitor and measure performance of the content throughout the campaign, so you can adapt your strategy when needed. It is also useful to lean on your creator to understand what works for their audience and what does not, and inform your strategy from there on.

Creators know their audiences well and will be the best guides on how best to communicate your message, making sure it resonates well. Keep conversations with your ambassadors active throughout the programme and don’t be afraid to make changes during the process.

Create opportunities: As outlined above, we’ve seen that ambassador programmes typically lead to over-delivery in content. So, we encourage you to capitalize on this. Create opportunities for organic content to be posted, whether that be through events or special events.

As well as this, don’t always save creator content for one channel. If you share content across multiple platforms, your brand and brand message will disseminate to a wider audience and ultimately increase exposure further.