Lydia Kirby

Lydia Kirby

Lydia joined Bright Innovation to help start-up clients see the full potential of effective marketing, bringing her experience in communications and campaign management. Outside of work you’ll find her checking out the latest trendy food joint, G&T in hand, whilst planning her next scuba diving trip.

The top five use cases for generative AI for B2B marketing

The top five use cases for generative AI for B2B marketing

The launch of ChatGPT in November 2022 propelled AI back into the spotlight. Widely considered as the best chatbot to date, it signifies a step change in the evolution of generative AI and has led many organisations to wonder how best to harness the ever-growing potential of AI.

The applications of generative AI for B2B marketers are numerous and wide ranging, with many CMOs initially prioritising solutions that improve personalisation and the customer journey. Here are the top five use cases we think you should be considering right now:

Content Generation

Generative AI can be used to create high-quality, engaging content for B2B marketing purposes such as blog posts, articles, social media captions, and product descriptions. This technology can also provide personalised content recommendations based on user preferences and behaviour. While this type of AI can undoubtedly save time and effort for content creators, all content needs to be reviewed and carefully edited, bringing in your own industry knowledge and experience. Any content you put out into the public domain should always reflects your brands’ unique tone of voice to ensure it remains authentic and fact checked for credibility of sources and references.

Lead generation

Generative AI such as LeadIQ and Kartra can help identify and generate high-quality leads for B2B marketing campaigns. By analysing vast amounts of data, including user behaviour, demographics, and firmographics, AI models can predict potential customers and generate targeted lead lists. This enables marketers to optimise their lead generation efforts and focus on the most promising prospects. Always remember as marketers, you’re only as good as your data, and never more so than in the age of AI. Prioritising regular data hygiene is a must, along with regularly updating your ideal customer profiles and personas.

Personalised email campaigns

Personalisation is crucial in B2B marketing, and generative AI can play a significant role here. By analysing customer data, AI models can create a personalised experience including ads, social outreach and tailored email content, including subject lines, body text, and recommendations. This level of personalisation increases the chances of engagement and conversion, leading to more effective email marketing campaigns. The caveat here is that personalisation and privacy is a delicate balancing act and marketers must ensure they avoid becoming invasive and use reliable data sources.

Market research and analysis

Generative AI can analyse vast amounts of market data, including competitor analysis, industry trends, and customer behaviour, to provide valuable insights for B2B marketing strategies. By processing and interpreting this data, AI models can generate reports, recommendations, and predictive analytics that help businesses make informed marketing decisions. Again, the quality of the data here is key and must be up-to-date to be most effective.

Chatbots and virtual assistants

AI-powered chatbots and virtual assistants can enhance customer interactions and support in B2B marketing. Generative AI allows these conversational agents to understand and respond to customer queries, provide relevant information about products or services, and even assist with lead nurturing and sales. This technology enables businesses to offer round-the-clock support, improve customer experience, and streamline the sales process.

These are just a few examples of how generative AI can be leveraged in B2B marketing. The next things to consider are, how do I decide what type of AI to invest in first and how do I test different AI solutions? Privacy and security related issues are also a key consideration. Talk to Bright about setting your teams up to be able to autonomously test AI solutions and establishing the guardrails for successful and safe adoption of AI to drive marketing effectiveness and increase engagement with your audiences.

Lydia KirbyThe top five use cases for generative AI for B2B marketing
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When was the last time you challenged your market knowledge?

When was the last time you challenged your market knowledge?

The pace of marketing can be relentless. Jumping from one project to another can be challenging, with little time to look up and around at how the industry is evolving. The risk is you miss an opportunity to get ahead of the competition or jump on a new piece of tech without understanding the how or why.

It’s easy to stick to what you know, and it’s no doubt the fundamentals of marketing don’t change – create value for your customer and drive business growth. But as we enter another period of economic difficulty, in a rapidly changing business, it’s arguably more important than ever to look to new and emerging ways of working, technologies and practices.

The market has changed

You’ve likely heard the names. The recent influx of AI developments has impacted so many facets of marketing – for copywriting like ChatGPT; creative designers have DALL-E; audience targeting with AdRoll… there’s a lot to take in.

And that’s just AI. What about newer social platforms like TikTok and Mastodon – how could they help you reach your audience? And these are just some currently in-vogue; precedent suggests there will be newer, trendier channels just around the corner. And then there is the challenge of gathering the right data to inform your marketing with cookieless tracking and Google’s next-gen analytics with GA4 (more on this soon!).

Marketers don’t need to go all-in on everything new, but they do need to be aware of how these tools could be game-changers for their customer target audience.

Shift your team focus, things you can do today

Here’s a few things you can do today that can help shift you towards where you want to be:

  • Retrospectives: The start of the year is a great time to look back, but it’s something you and your team should be doing consistently. Schedule a retro with your marketing teams to look at what worked, what didn’t, and what the learnings are. Retros are judgment-free opportunities to help improve for the next iteration. We love the Sailboat retro for Marketing teams, Mural has a great example to get you going. I ran a session with our client TECHNIA at the end of last year, and the positive feedback from the team was brilliant – as were the new ideas for 2023 marketing.

 

  • Host lunch & learn sessions: Taking time to learn from others knowledge sharing can be quick and fun. It can also serve as an opportunity to connect as a team beyond your project work – there’s a lot of positives. Find a subject you’re interested in – or haven’t ever heard of – and book it into your diaries. This could simply be playing a YouTube how to video, asking a team member to share their knowledge or bring in an outsider to share… show the team you’re invested in their development and generate new ideas for your marketing challenges – win-win!

 

  • External POV: Sometimes, all you need is an outside perspective. Bring in someone from outside your project – from an external organisation, or even a team member working on a different project – to facilitate a brainstorm or retro. When you have your head down, getting work done, sometimes you need to shut the laptop (metaphorically if you’re remote!) – to introduce a new point of view. There are huge benefits to bringing in an external view to facilitate and challenge the thinking of your team – set out a problem statement and start creating solutions.

Has this got you thinking? Great! Challenge your marketing team and bring in Bright to jumpstart 2023.

Tips on staying up to date

So how do you create an environment that allows your team to stay up to date and also test the new and innovative approaches to marketing?

Increasing your awareness of the wider marketing world doesn’t need to be a big lift. Here are some actions that, over time, will help increase your awareness of developing marketing trends:

Sign-up to email marketing newsletters – it may sound obvious but signing up for marketing agency and industry newsletters can be a great way to stay in the know about new marketing techniques. They’re generally free, and you don’t have to interact if you don’t want to. Create a ‘must read’ list of your team

Follow marketing influencers on social media channels – by adding some additional industry figures to your social channels, you’ll be able to keep abreast of what those in the public eye are endorsing, and whether it is a good fit for your marketing.

Set alerts – using a tool like Google Alerts, set updates for broad terms like “digital marketing” or be more specific and search for something like “copywriting AI tools”. You don’t have to check your alerts every day but setting aside time to review any news is a handy way to ensure you don’t miss out on anything.

Look at your competition – what channels are your direct competitors using? Are there learnings or changes you can make from this? Perhaps they are seeing good engagement in an area you haven’t even considered – could be worth some experimentation.

Attend industry events – whether in-person or online, it’s good to occasionally attend marketing events; they’re a great way to see other organisation’s marketing tools and strategies, and you could also happen upon something invaluable that you didn’t even realise you were looking for.

As an agile marketing consultancy, we are well placed to offer impartial advice on your current ways of working and marketing agility and implement plans to give your marketing team a structure that allows you to take advantage of new marketing techniques and tools.

Lydia KirbyWhen was the last time you challenged your market knowledge?
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Setting clear objectives and key results can transform your marketing

Setting clear objectives and key results can transform your marketing

Does it feel like you’re working away on marketing activity, without focusing on the overall business goals? You’re not alone.

Without clear and tangible goals, it can be difficult to measure marketing progress, and to ensure it is aligning with what you want your teams to achieve. By implementing a system to regularly check in on clearly defined objectives, you can create a culture focused on measuring results and delivering value. This is where OKRs come in.

What is an OKR?

OKRs have become pretty well adopted across most businesses now, but it’s always worth a reminder… Objectives and key results – or OKR’s – are a great way to define what your individual and teams’ goals are, and what achieving them will look like.

As the name suggests OKRs are broken down into:

Objectives: the business goal you wish to achieve. Your objective should be aspirational, memorable, and qualitative.

Key Results: results we want to achieve on the way to successfully achieving the objective. A general rule of thumb is to have no more than 2-5 key results per objective.

When used effectively, OKRs allow an organisation to:

  • Focus and commit to priorities
  • Align and connect teamwork
  • Be accountable through tracking
  • Stretch to achieve ambitious results

Using OKR’s for greater marketing agility

Having well-defined OKRs are a great way to encourage a move away from untargeted, scattered and ad-hoc marketing activity, and towards work aligned with achieving wider business goals.

OKRs can help transform your marketing activities into business value by:

Keeping teams on track – with OKRs set, teams can act more autonomously on their own initiative, with clearly-defined goals. They encourage a “what’s next” mentality which can help drive campaigns & projects forward.

Focusing on results – by adopting OKRs, you’re promoting a results-focused culture. This will have a knock-on effect in terms of your teams’ bandwidth – doing more doesn’t help if there’s no significant impact on the overall goals, meaning the sole focus is on work & tasks that contribute to the right outcomes, rather than quantity.

Prioritising goals – OKRs help with prioritising your marketing backlog, if a user story (or task) won’t assist in achieving your OKRs, it’s not a priority. They can also help you evaluate progress and against clearly defined goals.

Self-organising teams – agreeing on objectives as part of the OKR process allows teams to take initiative, and work towards confirmed goals.  This incentivises a leaner, more focused workload, with a lesser chance of teams burning out.

Agile marketing transformation – one of the main obstacles to greater marketing agility is a perceived lack of predictability. With OKRs, you can overcome the unknown, by committing to deliver business results within a set period, such as a quarter. OKRs aren’t about sending a certain number of emails per month for the sake of doing so – they are about working on what delivers the best outcomes and incremental experimenting to discover what works best. Through iteration, you can not only measure progress, but also have the scope to experiment with marketing outputs to achieve results, without using excess time or budget.

Getting started with OKRs

When introducing OKRs, you don’t have to start large – one way to do it is to identify 3-4 key objectives to be achieved across a longer period, such as an entire year. These will be larger objectives and are usually agreed upon at a senior level, such as by the board or leadership team for the business to focus on. Once identified, then marketing needs to decide how they can best contribute and demonstrate outcomes and results to support the business achieving them. The final stage is to break them down within each quarter of the year.

This mixture of a larger, yearly target, alongside smaller quarters can assist in showcasing how objectives in one particular area can contribute to the wider organisation. As well as making it easier for the marketing team to stay focused and work towards larger goals by achieving and calibrating against quarterly targets as well as breaking them down further into shorter sprints.

Setting measurable key results is essential for reaching your objectives. While having an annual measurement may be beneficial, one opportunity a year won’t provide enough insight into whether the work has been successful or not – regular data collection can ensure that goals are being met in real-time across the year!

Questions to ask when setting OKRs

When setting your OKR’s, you should ask yourself some vital questions to ensure they make sense from a business and resource perspective.

OKR setting – questions you should ask

  • What does the business want to achieve?
  • Who do you want to target, in a given timeframe?
  • What milestones are you putting in place to track your goals against your sprint activity?
  • What reporting are you using to monitor your work? Consider what is available to measure based on your current tech stack.
  • What performance do you want to see across chosen channels?
  • Does this data provide insight am I avoiding vanity metrics?

Getting your OKRs right at the start of the process can prove highly beneficial for a campaign, so it’s worthwhile to spend some time thinking about these questions. Well defined and realistic OKRs can have a positive impact on marketing strategy, by promoting learning and reflection.

Performance matters, OKRs give the scope to improve marketing performance

OKRs can have plentiful benefits for your business and teams. They can promote a culture focused on delivering – and measuring – value and help align activity towards achieving business goals. They also act as a safety net to enable timely course correction and demonstrate how marketing is contributing towards achieving the overall business goals. By highlighting areas of underperformance or market opportunities you can adapt and realign your strategy, campaign or project to achieve better marketing outcomes.

Lydia KirbySetting clear objectives and key results can transform your marketing
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Experimentation is a gamechanger for your marketing

Experimentation is a gamechanger for your marketing

The importance of testing and experimentation in improving your marketing performance

Your marketing campaign isn’t producing the results that you may have hoped for, and it doesn’t look like it’s going to change. With too many variables, how can your team identify what’s working and what isn’t? Experiment – to find out what the customer really reacts to.

One element sets agile marketing apart from traditional marketing – the emphasis on deliberate experimentation. Marketers have a lot to gain from testing their assumptions through experimentation before going all-in on any given idea, and the agile marketing process gives them the freedom to do so.

Experimentation allows marketing teams to make incremental changes, to work out what works best for their customer. And even if the experiment doesn’t produce the desired results, it won’t have taken up too much budget or resources, and you’ll have gained more knowledge about exactly what your customer wants.

Experimentation is an important tool that can lead you to improved marketing success, but that doesn’t mean you should just test anything – making educated guesses based on observations and feasibility can see strong results.

How to identify opportunities for experimentation

When it comes to experimentation, the first step is finding opportunities for testing. Consider areas where there is room for improvement or potential for growth. Is a new product being launched? What campaigns aren’t driving the desired results? Encourage your team to develop solutions and possible tests they would like to run. They may have suggestions for how something could be improved or different approaches that could make a positive impact.

It’s also important to analyse data and track metrics consistently to identify potential areas of experimentation. By continuously seeking out opportunities and gathering information, we can increase our chances of finding experiments with the potential for successful outcomes.

Implementing an experimentation culture within your team

Encourage everyone to brainstorm potential solutions and approach problems from unique perspectives. Give them the freedom to test out their ideas, even if they seem a little out there at first (understand why in our blog on the Power of Curiosity). And be sure to debrief after each experiment – what went well, what could have been improved upon, and how can those learnings be applied going forward? By embracing experimentation, you might uncover the next big breakthrough for your team, in how they work and where they focus their efforts. The worst case scenario is that things don’t work out. Failure is the perfect opportunity to learn, drive your team to continually improve and achieve business outcomes. Be open to the growth mindset, always asking “what did we learn?”

The importance of data-driven decision making in marketing

In today’s highly competitive business environment, relying on gut instinct alone isn’t enough to remain successful. That’s where data-driven decision making comes in. By gathering and analysing relevant data and insights, marketers are able to make informed decisions about their strategies and tactics. This not only increases the effectiveness of campaigns, but it also helps companies save time and resources by eliminating any guessing or trial-and-error approaches. Additionally, data-driven decision making boosts efficiency by identifying key performance metrics and areas for improvement. It’s clear that those who incorporate data into their marketing efforts will see a significant advantage over their competitors. For modern marketers, embracing a data-driven approach is no longer an option – it’s a necessity.

Measuring the success of your marketing experiments

Gone are the days of lengthy and rigid marketing campaigns – enter agile marketing. Agile marketing allows for a more fluid approach, allowing for experimentation and quick pivots in response to results. As already mentioned, measuring success is key. Set clear goals and metrics from the beginning, such as conversion rates. If you’re going big with your experiment, you might want to consider gathering feedback from customers through surveys or focus groups, asking them about their experiences with your brand. Keeping a close eye on data and listening to customer responses can help you determine whether a particular experiment was successful and guide your decision-making moving forward. By embracing an agile mindset and constantly assessing the effectiveness of your experiments, you can ensure that each decision made leads to maximum success for your marketing strategies.

By experimenting, you can increase your chances of success while also learning what works and what doesn’t. Not all experiments will be successful, but that’s okay! The important thing is to learn from each one and apply those learnings to future campaigns. Ready to get started? Download our quick guide to experimentation, plus a framework to start designing your experiments. And remember to measure what you test, so you can take the learnings forward.

Download our helpful PDF

Lydia KirbyExperimentation is a gamechanger for your marketing
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Making the most of your martech stack

Making the most of your martech stack

How to optimise your existing marketing tools and empower your team to use them effectively through agile ways of working

The world of martech (marketing technology) can be quite a murky place. What tools are out there? Which ones are best for your needs? And how do you make them work for you to achieve your goals? Let’s wade through the muck to find the answers.

Picture this: You’ve got data spread across your organisation in various CRMs, data lakes and even a few Excel sheets. To put it plainly, your data has more duplicates than an identical twin convention – but you know there’s valuable customer and prospect data hidden deep within, just waiting to be utilised. If only you had the tools to get it all in order, you’d be the marketing Rockstar of your organisation!

And so begins your quest for the latest and greatest martech tool, suffering through demos with approximately 34 different sales reps. They make each tool look better than the last and you agree that you would like to use every single one. But, here’s the catch – you don’t actually need them. Well, not all of them at least.

Evaluate your existing tools

Like the old adage that your mother used to say, “we have food at home” – or in other words, take a look at what you already have, then decide what you really need. So, before you go on that endless hunt for a new marketing tool, make sure you’re really making the most of your current tools and take a real look at the goals you want to achieve. To do this properly, there are two crucial places to start: data and education.

1. Get your databases clean, up to date, and most importantly, compliant, before deciding on your next steps, or you risk falling into the same pitfall as many organisations before you. You’ll take your bad data from one tool to the next which then won’t deliver any tangible business benefits, because guess what? The data you’re feeding it is terrible. You’ll need a solid foundation to clean your database – clear targeting criteria and personas.

2. The next step is to make sure your team is using your marketing tech properly. Take marketing automation tools for example – we love them for the power they give us to run campaigns, send emails, create landing pages and much more with great ease. Their downside? That power is available to all your colleagues, and the temptation to abuse it is strong – why not send this email to a few more personas? Will it really hurt the click / open / bounce rate? Yes, yes it will.

And on top of that, marketing automation tools will happily put restrictions in place to stop unnecessary email sends that may hurt their bounce rates. Suddenly that great tool you had doesn’t look so shiny and bright when you have one hand tied behind your back because the new marketing intern sent the quarterly newsletter to your entire database. How can you avoid this? To quote a mid-90’s Tony Blair, ‘education, education, education’.

Inject agile into your marketing

A simple solution is to adopt agile ways of working.

With a test, learn and build approach, your team will gain the skills and know-how for using and optimising your tools properly and effectively. With an expert team you can trust, you’ll make the most of your existing tools while testing new tools with ease. What’s more, you’ll learn to integrate and maximise the value of your automation tools across your business as a team – streamlining marketing activities and delivering reports with clear KPIs.

It’s easy to assume that the perfect martech mix is only achievable with the latest top tools on the market.  However, the more you invest in your current marketing tools with greater support, knowledge-sharing and training within your team, the more value your users will get out of your system – making it more effective and better performing. A winner all round. Rock on, Rockstar.

Want to learn more about agile marketing? Check out our agile marketing hubs.

Lydia KirbyMaking the most of your martech stack
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Four trends in the future of FinTech marketing

Four trends in the future of FinTech marketing

Insights from marketers on the ground, discussed at the annual FinTech B2B marketing conference.

 

As with many other sectors, the financial services industry is going through a continued period of disruption. Digital-first services are changing the way customers interact with brands as the move towards digital has increased customer’s expectation on service.

When I was asked to join the FinTech B2B Marketing Conference as a guest panellist, I was keen to share insights and experiences of agile marketing in the FinTech market, however the real value was found in the conversations had with my marketing peers about the immediate and undeniable factors that are influencing the marketing landscape for FinTech marketers today.

Navigating this ever-changing environment is tough at the best of times but navigating it post-pandemic brings its own host of disruptions. Here are four trends that I think will be influencing the industry over the coming months.

 

The role of critical thinking in data analytics

The goal of collecting and analysing data is to turn information into valuable insights and to create valuable insights, we must ask valuable questions. Our attention has too long been focussed on the hard skills in data – coding, visualisation, modelling etc. What seems to be far lower down the totem pole are the soft skills for making data useful, accessible, and valuable. Most importantly, the ability to critically think and analyse.

Critical thinking is a manner of thinking that employs curiosity, creativity, scepticism, analysis, and logic – the good news is, that critical thinking can be learned and upskilled. Finding the balance between trusting the data and our gut feeling is the key to discovering insights that add value.

 

The pandemic and the marketeer

I’m sure like me, you’re fed up with talking about the pandemic and how it has affected business over the past two years, but inevitably, it’s still impacting channel performance and creative a skills gap in the market.

The data we have on channel performance from the last two years is skewing our predictions – what worked in 2020 to deliver on demand gen seems to be shifting again. LinkedIn for example is currently working better for small businesses than it is for larger organisations – something that has changed dramatically over the past year and a half.

The great resignation, influenced by the pandemic means that the quality of contact data has become an issue as many people have left roles, challenging marketers to maintain and clean databases to ensure campaigns remain successful.

 

When one succeeds, we all succeed – the value in partnerships

Budget allocations have shifted over the past few years, with more money being invested into digital marketing and less on live events. Now that events have resumed and audiences are keen to attend, where will the money come from to satisfy both needs?

Brands need revenue and growth and have little appetite for further risk. Partnership marketing is a perfect antidote, brands can partner up on complimentary services and solutions to share resources and create value led events without having to risk the costs. The current circumstances highlight the virtues of creative, direct teamwork, so my advice is to find innovate ways to create long lasting relationships and partnerships that work for everyone.

 

Brand vs. Demand Generation

An age-old debate which every marketeer has had to negotiate, the truth is both are just as important, and one does not work without the other. A business with amazing brand presence but no leads will struggle to sustain itself. Whereas businesses that prioritise demand gen, tend to get a lot of prospects interested in a solution but will evidently lose out to competitors that have a stronger brand identity and clear values that cut through an already overpopulated market.

The financial services sector has always been considered as agile, with the requisite to adjust to ever-changing external factors. This inherent dynamism makes it an exciting and cutting-edge marketplace with scope for disruptive marketing tactics and experimentation at every turn, from brand to local and central levels. How can you enable experimentation approach, with a growth mindset and agile marketing approach to how your team execute.

Discover how Bright can inject agility into your business to maintain an edge on competition. Get in touch with us today to chat all things agile.

 

Lydia Kirby Client delivery director

Lydia KirbyFour trends in the future of FinTech marketing
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Deep dive into agile marketing for FinTech

Deep dive into agile marketing for FinTech

Bright injects agility into cutting-edge FinTech’s digital transformation journey  

In 2020, Bright’s client, a leading financial industry operating system, set out on a digital transformation journey to pivot their focus from brand marketing to demand gen. Requiring an agile approach, we helped transform their marketing strategy and achieve their business objectives. Vice President and Global Head of Marketing of the FinTech client, Mitra Roknabadi, joins our Client Delivery Director, Lydia Kirby, to be interviewed by John Cass and share their experience of putting agile marketing into action… 

1. Move fast, break nothing 

In a digital world time is of the essence – Mitra highlights the importance to “move fast but don’t rush”. The qualities of an agile marketing approach align perfectly with the FinTech client’s company motto: ‘move fast, break nothing’. By beginning to work in a series of iterations, we developed a safe foundation to learn more about their digital audience through listening, testing, and optimising. Bright empowered the FinTech client team to “work at pace and learn, iterate, shift and deliver quickly.  

 

2. Experts, assemble! 

There’s more to agile marketing than the methodology. Mitra recalls how her experience with Bright helped her to see “the full extent of what agile means”. As the campaign developed, both Mitra and Lydia as agile aficionados adapted the team’s approach and toolkit to suit the FinTech client’s needs. Demonstrating the ability to onboard and offboard expertise where needed was paramount to the FinTech client, enabling them to identify how and where they wanted to grow as a business.  

 

3. Planning, doing, and reviewing 

Keen to shirk the assumption an agile marketing approach is an impulsive one, Lydia emphasises the “planning, doing, and reviewing” that goes into a project.  Bright often work in three-week Sprints to allow ample “time for learning, understanding the subject and iteration”. Project management and instant messaging platforms are key tools to unite siloed teams and enable them to collaborate and respond at pace. It’s the way in which we respond that sets agile marketers apart; having an open mind that something may work better than predicted.  The review process of continuous self-reflection allows for iteration, optimisation and ultimately, the best of results.   

Lydia described her experience with the FinTech client as a “dream, not because they’re simply new to agile marketing”… but because “their scale-up mentality embraced the agile methodology”. Mitra is also confident the campaign experience “will influence what we do as a company” going forward.     

As Bright continues to work with innovative FinTech companies, we look forward to delivering fresh, iterative, and data-driven agile marketing approaches, leading the charge to better results, faster time to market, sustainable growth, and the ability to adapt and change at pace. 

Lydia KirbyDeep dive into agile marketing for FinTech
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Agile: Marketing at the speed of FinTech

Agile: Marketing at the speed of FinTech

The buzz surrounding FinTech companies keeps growing louder as these cutting-edge businesses introduce innovative ideas to disrupt the financial services industry.

From P2P lending and digital currency to online payments, internet insurance, and self-serve brokerages, FinTech solutions can offer customers more efficiency, convenience, and security than traditional solutions.

Business Insider expects the FinTech industry to grow with a CAGR of 20 percent over the next few years.

 

Despite growth, FinTech companies face steep challenges

Financial institutions and customers appear eager to embrace new tools. Still, even the best new financial technology must gain visibility in a crowded, shifting marketplace.

Very often, FinTech enterprises need to introduce their brands and ideas to a marketplace that barely understands the problem that needs solving. At the same time as innovators offer new solutions, they also face rapid shifts in their business environments because of changing regulations, competitors, and customer expectations.

FinTech companies don’t just need to produce innovative solutions to help customers. They must also employ their own creative, responsive, and adept marketing processes to remain ahead of a rapidly changing business environment. This demands an approach to marketing strategy and project management that uses agile methodologies.

 

Why agile marketing perfectly suits FinTech companies

Successful FinTech companies use rapid, data-driven methodologies to develop and test their ideas to offer the best products and services in this dynamic business environment. Startups and established tech companies must remain agile to cope with rapid and often unexpected changes. Many technical companies rely on Agile development tools to swiftly gather information, test ideas, validate theories, and optimise processes.

Thus, Agile marketing tactics fit the culture and business model of FinTech companies precisely the same way that Agile development tactics do. Developers working within an Agile framework will recognise the core principles of Agile marketing, such as rapid sprints, using an iterative process to develop and test, relying on data-driven ideas and techniques, and a holistic, interdisciplinary approach.

Highlights of why Agile marketing flawlessly suits FinTech companies include:

  • Responsive to the economic and market context: In the complex and rapidly evolving FinTech market, agile marketing can pivot quickly and relies on data, not assumptions. The interdisciplinary nature of this marketing framework also offers better insights into the broader economic and competitive context.
  • Complementary to FinTech company culture: Typical FinTech businesses tend to be agile, and very often, use Agile development tools. Employees readily understand and adapt to this adaptable, sprint-based, diversity-inclusive, and engaging style. An agile marketing team already speaks the language of every other team member, including marketing leaders and business decision makers.
  • Able to scale: Agile marketing’s focus on automation and efficiency helps clients scale as businesses evolve and grow. Agile marketing tactics don’t just scale quickly. They also encourage business growth, making scaling more possible, finding new ways to reach potential customers.
  • Suitable for the unique demands of FinTech: FinTech businesses constantly upgrade and improve products with new or improved features. Agile marketing can keep up with this level of dynamism. Besides offering insights about the best way to communicate changes to customers, these marketing approaches can help developers learn what to change or leave alone.

As B2B FinTech grows to catch up and keep pace B2C FinTech, B2B FinTech companies will need to reach B2B Companies. This needs an approach to B2B marketing that continuously improves their digital marketing and that guides modern B2B buyers towards a purchase decision

Agile Marketing: FinTech can’t wait

Santander provides a great case study of how even established financial services firms can implement agile marketing approaches. Santander shortened campaign cycles into ‘sprints’ and used daily ‘huddles’ to dynamically adjust priorities based on performance. This allowed Santander to create more adaptable campaigns that make better use of budget. Besides taking inspiration from best practice in Silicon Valley, Santander’s agile marketing approach has aligned the marketing part of their business with IT development methodologies.

Fintech companies cannot afford to wait for weeks to adjust or broadcast their marketing messages. They need tangible results fast, together with the capacity to learn from experience. Zaptino – working with Bright – used data-driven audience insight and a rapid, iterative approach to optimise key messages. In just six weeks, they were able nurture investors towards conversion that delivered over £125,000 in investment, as well as building a pipeline of longer-term opportunities.

Agile marketing relies on continuous streams of data analytics, automated processes, rapid tests, frequent evaluations, and a series of iterations. Here at Bright, we’re excited about the future of FinTech and understand the challenges our clients face. Our unique marketing methodology and technical capabilities help FinTech companies enjoy rapid growth and profits because they employ the same agile tactics that our clients use to produce new solutions.

Discover more about the intersection between agile marketing and FinTech as Bright’s client delivery director, Lydia Kirby, will be appearing as a guest panellist at this years Fintech B2B Marketing Conference on the 27th of April. Lydia will be sharing her FinTech industry insights and agile marketing expertise on the topic of ‘Winning B2B data-driven marketing strategy is the next new normal’.

Lydia KirbyAgile: Marketing at the speed of FinTech
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The Social Network

Exploring the power of LinkedIn

The Social Network

How to use LinkedIn effectively to support your marketing goals

By Nick Johnson, Demand Manager at Bright

You are probably only too aware of the power of LinkedIn as a social network to grow your business pipelineprofessional profile or job hunting prospects at the click of (a few) buttons. It’s the platform for creating engagement.  

But the real value of LinkedIn comes from who you are connected with. Like all good marketing and sales campaigns, the focus should be very much on quality over quantity. This is where LinkedIn is ultimately unrivalled.   

Over the last 12+ months we have been working with our clients on projects ranging from recruiting partners across Europe to building registrations for virtual events in key target markets. The constant here has been using LinkedIn as a key driver for these activities.   

At Bright we take a highly targeted, segmented and personalised approach to this which allows our clients to grow their LinkedIn presence with the right audience, at pace.  

Over the last six months in particular, the results from these projects have improved time and again, resulting in numerous new connections, meetings and attendees. All helping clients progress towards their business goals. You can see how we helped drive 2,000+ attendees to a virtual event for our client TECHNIA in this video case study. 

So, you’ve got yourself 350 new connections on LinkedIn – what do you do next? 

The optimising of a profile, targeting stakeholders from key accounts, building new connections, and starting conversations is really just the first steps of the process. The ultimate outcome is portraying the user as an industry and business thought leader amongst their peers, prospects, customers and wider network.  

Building towards this longer-term goal takes preparation, a defined strategyengaging content and a consistent approach to networking. This is also something which cannot be turned on and off. There will naturally be peaks and troughsbut at least one of the following elements should be running:

  • Personal brand – promoting you, your company, your products or services and industry thought leadership content 
  • Dream clients and contacts – monitoring and understanding what your key target contacts and accounts are doing in the market 
  • Connections and conversations  keep networking and engaging with your contacts  
  • Community leader  posting in relevant groups for peer-to-peer engagement 
  • Soft selling  interacting by liking, commenting and sharing your target audience 

Yes, it is a lot of work. But it is definitely worth the reward.  

Interested in using LinkedIn to support your marketing goals? Drop us an email at hello@brightinnovation.co.uk 

Nick is a results driven Demand Generation Manager at Bright. He has over 6 years B2B demand generation and business development experience gained working with some of the world’s largest IT and tech companies. Nick has managed projects around the globe, creating engagement across a variety of industries and contacts. He is passionate about how bespoke, highly targeted and (most importantly) agile campaigns can deliver value for his clients. 

Lydia KirbyThe Social Network
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How to write better copy

How to write better copy

When it comes to writing copy, you need to get it right. Whether you’re writing a press release, sales pitch, blog post or an e-mail campaign, your copy needs to engage. This is your chance to have your message heard – and you only get one shot. Lose your audience’s interest and your message will fall on deaf ears.

With that in mind, here are a few tips on how to write better copy.

Know your audience

Knowing your audience is critical to how you communicate with them. The purpose of copy (generally) is to influence someone’s course of action. In order to do this you need to know who that person is and how that person thinks.

Research your audience. Find out what those in the industry value and what challenges they face:

  • What do they like? Dislike?
  • What else do they read?
  • What language do they use?
  • In what tone are they used to being addressed? Is it authoritative? Conversational? Humorous?

Establish an appropriate identity before you attempt to engage your reader – or else they’ll disengage with you.

Composition and content

Be clear on the story that you are trying to tell and what it is that you want to achieve. Do you want your audience to purchase something? Join something? Go somewhere? Read more? Your call to action should be very specific and impossible to miss.

Use the fewest words possible to get your message across.

  • Think: simple and elegant – and boil everything down to its basic element.
  • Be descriptive but avoid adjectives.
  • Use active verbs – buy, join, visit, read – and where possible back up your persuasive language up with fact.
  • If you’re giving a technical description bullet points work well to directly relay information.
  • Vary your sentence lengths. Shorter sentences have higher impact. But too many short sentences can be exhausting. Lots of long sentences will get boring – so strike the balance right.
  • Read your copy out loud to get a sense of how it sounds.

Proof read – and then proof read again

Make sure your copy is completely clean.

  • Take out repetitive words or sentences.
  • Check spelling and grammar twice.
  • Even better, have a colleague check your work.
  • If that’s not possible, read your copy backwards (your brain will think that you are reading something new).

Remember, your copy reflects you – and you want to put your best foot forward. If you present well, readers will assume that you do your work well too.

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Lydia KirbyHow to write better copy
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