The 95-5 Rule Will Improve Your B2B Advertising, with Ty Heath from The B2B Institute
Manage episode 415466793 series 3483711
โจ Dive into our latest exploration, where we invite Ty Heath, Director at LinkedIn B2B Institute, to uncover the intriguing "95-5 Rule" in B2B marketing. From insightful details to practical tips on how to balance short-term B2B advertising with long-term brand building, this episode is your go-to source for creating new opportunities and enhancing your B2B marketing efforts.
๐Special Episode Links:
- Ty Heath on LinkedIn
- LinkedIn's 95-5 Rule
- The B2B Institute
- Ty's Aston Martin Video
- The Brand-ABLE framework
- The ABLe Change Framework
- LinkedIn Brand Lift Studies
- LinkedIn: Situational Awareness
- SAS Viya's Drowning in Data video campaign
- B2B Edge consultancy program
- Reach Maximalism
- Situational Awareness
๐ Key Takeaways:
- Only 5% of the potential market is actively looking to buy, while the other 95% are not; therefore, marketing efforts should address both.
- Brand advertising is essential in reaching the "out-market" customers to prepare them for future buying decisions.
- Building a brand isn't just about creating immediate sales; it's about creating memory and recognition that pay off in the long term.
- Incorporating mental models and distinctive brand assets enhances brand recall and consumer connection.
๐ Timestamps:
0:23 - Ty Heath's career background and role at LinkedIn
5:29 - The poor mental model of how people operate at the B2B institute
6:28 - Research ideas and new types of opportunities that work in B2B
10:20 - 95-5 Rule model in B2B marketing
13:29 - The ability to build memory with future customers
16:50 - Effectively reach out-market customers
18:54 - How to measure the success of brand-oriented memory marketing efforts
22:05 - Research about the CMO scorecard
26:02 - Attention x Branding x Linkage = Equity
28:57 - Balancing short-term lead generation with long-term brand building
34:09 - Understand how long-term efforts work from the sales standpoint
39:06 - Brand that is making the 95-5 rule right and the future of B2B marketing
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๐ More About Us:
๐ Website: https://t2m.io/LAR-Website
๐ผ Linkedin: https://t2m.io/LAR-LinkedIn
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29 episodes