April 2020

Why you should be on LinkedIn now more than ever

The outbreak of Covid-19 has forced the majority of the world to work from home, children to be kept out of school, and trips outside to only be taken once a day for exercise or when collecting and delivering essentials. This is new for all of us and it has unnerved a lot of people into thinking that their marketing actions need to stop until all this is over.

But now more than ever, marketing is critical. It’s the one survival tool at your disposal capable of seeing your business through to the end of this crisis and ensuring success in the years to come. If you’re looking for a simple, cost-effective way to hone your marketing focus, LinkedIn is the place to be. By increasing visibility across the top networking app for business, you’ll keep customers engaged with your brand, stay in touch with partners and suppliers, and build pipeline through steady lead generation. What’s more, the number of users is increasing, with more professionals than ever jumping on to share news, knowledge and business tips for success in times of market disruption.

So, we know LinkedIn is the place to be right now, but you’ll still need a proper strategy to make the most of all this tool has to offer.  Now certainly isn’t the time to fire off connection requests and LinkedIn ads without a second thought. There’s a lot to take into consideration when formulating your messaging.

Here’s how to do it:

1. Don’t ignore COVID-19

It’s here, it’s affecting everyone, and it will have an impact on business for years to come. It is already changing the way people live, work and interact. Acknowledge that and acknowledge the hardship in your messaging. Don’t act like it’s just business as usual. This crisis should unite us.

2. Outline how you can help right now

Pitching what was useful back in January when we were all devising our 2020 strategies won’t be of any help or interest right now. Make that mistake and you’ll find yourself reposted with #marketingfail. Take some time to creatively rework your proposition as a benefit in the immediate term and clearly explain how your service will help companies get back on their feet.

3. Do your research

If you’re struggling to answer the point above, then you need to go back to the research stage. Don’t stop building pipeline but do reassess your target accounts and verticals quickly.  Take the time to fully understand the impact this global crisis will have on your clients’ target markets, then tailor your messaging and service to ensure you’re offering support they need. Retaining existing clients is key to future revenue, so make sure they feel reassured and well managed.

4. Stay relevant

Give your audience the useful tips and how-to guides they need to easily get started with your service or product. Be there as the helpful thought leader of that space when you respond to connections or jump in forum threads, the one they turn to when they need further guidance or support throughout this crisis. And, now that we’re all at home, turn your content into interactive virtual events to inform, engage and inspire your LinkedIn network.

5. Be personal

This is an opportunity to build relationships and contact prospects you haven’t been able to reach — consider Account Based Marketing (ABM) to help open up dialogue. With everyone working from home and social distancing, people are now more responsive to an invitation to discuss over a virtual cup of tea (or coffee) and intro video calls. Plus, you’ll have plenty of common ground to discuss and knowledge share in how to combat the impact of COVID-19.

From individual professionals to global enterprises, LinkedIn is the number one social media tool for business right now, and your key to surviving this period of massive market disruption. By researching the impact, pivoting your message accordingly and creating engaging content, your LinkedIn marketing will offer a viable opportunity for interacting with your prospects and supporting them through this time.

Adapt your marketing to survive and thrive

At Bright, we’ve been helping our clients quickly pivot their strategies and adapt their messaging on LinkedIn and other social media channels. Watch our immersive webinar as we explore ways to ignite agility, boost leads and perfect communications throughout this challenging time.

CMO point of view: Testing agile marketing to drive results

“Those who can best manage change will survive.”

Whether you attribute this paraphrased statement to Charles Darwin or someone else, it’s as relevant today as it’s ever been – particularly for Chief Marketing Officers and senior marketers.

To see why, just look around at unparalleled disruption from Brexit, Covid-19 and environmental factors such as climate change, combined with the pace of digital transformation. Technology and data are the catalyst for keeping pace and adapting. For those of us in the business of marketing technology and the products and services that surround it, campaigns have to be just as fast (and agile) to yield sustainable success.

I know it’s easy to say (or write) that CMOs need to leverage agility at pace. But we all know it’s not that easy to incorporate agility and run effective brand building and integrated campaigns. Sometimes it’s down to not having the right tools, not having the time to research what your competitors are up to, or how to change an internal culture used to waterfall ways of working.

Agile is no longer part of start-up thinking — but it’s being adopted by some of the biggest global players

Transforming all this takes time, and that’s a commodity few CMOs have these days. If this all sounds familiar to you, involving external experts (such as Bright), who specialise in agile marketing, can help you work out the best way to approach embedding new ways of working into your team and the wider organisation without impacting the day-to-day marketing tasks you still have to deliver on throughout transformation.

Getting started with agile marketing

Injecting agile might sound simple, but it involves a change of mindset in your team culture, new processes and sometimes tools or tech. If you don’t have the right skills in your team today, then seeking outside support accelerates that change, minimises risk and avoids the common issues that could undermine the transition. Use a Proof of Concept to research, test and learn what would work best for your organisation and team to start the journey, maintain momentum and embed the right model.

Fintech company injects agility to drive better marketing results

To give you a better idea of this all works, we’ve broken down the true story of how a CMO from a Fintech software and services company championed agile marketing transformation.

Specialising in providing real-time transaction control and enterprise integrity solutions, their sales cycle usually falls somewhere between six and nine months. However, they wanted to accelerate results over a three-month period, and with target accounts in the US and UK, they needed to drive results in both of these territories.

With all this in mind, the CMO wanted to understand if an agile marketing approach was the way to go. Our team needed to prove that it would help the organisation achieve the following:

1. Become more results focused

The agile method of testing, learning and iterating would let the team take more risks, try new approaches and know early-on if their efforts were working.

2. Achieve rapid time to market
‘Sprints’ had helped them get their software to market faster, so they wanted to apply the same approach to their marketing strategies.

[Marketing strategies] need to be scientific. CMOs need to set hypotheses and learn and optimise from every experiment – Zoe Merchant, MD at Bright

3. Become more adaptable
Knowing that software succeeds only when it’s been developed iteratively with a Proof of Concept (PoC), a Minimum Viable Product (MVP) or prototype, they wanted the same iterative approach when going to market to cover the expected, and unexpected, over the three-month campaign.

4. Make data-driven decisions
The marketing team needed a steady source of data to quickly understand their performance and validate and share what they were doing.

The end game: 12 high quality opportunities in 12 weeks

On top of these results, the Fintech firm gained a framework that they can use to scale as they grow and build more campaigns. Alongside the results, this is a major value-add from the journey.

The client can now execute ideas, understand their needs, and meet expectations much faster. They get continuous feedback from marketing, sales, and their data, helping them align their teams with results and insight. What’s more, they now feel free to experiment with less risk, and confident that marketing with agility and pace will support their future business goals.