By mbretous@hubspot.com (Martina Bretous)

What do HubSpot, Mailchimp, and Wistia have in common? They’re all B2B companies with high-traffic, lead-generating media engines that support their products.

Wondering why so many companies are entering the editorial space? Industry experts cover that and more below.

1. The B2B marketing industry is shifting.

Marketing SVP at HubSpot Kieran Flanagan says the B2B marketing industry has gone through four major phases in the last decade.

What started as a focus on decision-makers has now evolved into a community-led approach that leverages media and publishing.

[image of b2b marketing evolution]

Many brands follow a product-led growth approach, in which the product itself attracts consumers and drives retention.

Any Atluru, former head of community at Clubhouse, says that this works great for utility-based products that have already been validated socially or don’t require a network of users to thrive. Think Slack and Calendly.

She highlights that a community-led model may be more conducive to brands whose products aren’t particularly unique and gain value through community. Think Peloton and Figma.

In this case, entering the editorial space will be a key part of your success.

Media & Community-Led

The next stage is B2B companies become a destination for their audience. Media (text, video, and audio) & developing an ongoing relationship through a community.

It will be a hard moat to disrupt.

— Kieran Flanagan 🤘 (@searchbrat)
March 24, 2021

2. The ad space is oversaturated.

On an episode of Marketing Against the Grain, CEO and co-founder of Notus, Yuliya Bel argues that ads no longer have the impact they used to.

“Like anything in marketing, there comes a point where it becomes saturated. Where people start to be like ‘Ok, we’ve seen this before, it’s no longer authentic or really speaking to us,’” she said.

She references an eBay study that revealed that brand search ad effectiveness was overestimated by over 4,000%.

With the incredibly high costs of running ads and rampant competition, this begs the question: Is the focus on ads for customer acquisition and engagement the best play?

She argues that investing in producing high-quality content and distribution tactics is the only way to ensure longevity in the online space.

Think about it this way: You could invest $100K into an advertising campaign but once it ends, so does your lead generation. Instead, you could invest that money into building a content team that will produce evergreen content that will bring in leads long after they’re published.

3. You meet your audience where they’re at.

Every brand wants to attract its audience organically.

While social media is the most popular way to achieve this – and the strategy that offers the quickest response – building a media engine is by far the most reliable and most sustainable.

Why? The first is that it removes the reliance on third-party applications to reach your audience. If you’re solely relying on TikTok and Facebook, what happens if they are down for a few …read more

Source:: HubSpot Blog

Author: Aaron