PE M&A Activity ↑12.4%│ Industrial EBITDA Multiples 7.2×│ B2B Buyer Trust Index ↓31%│ SEO Click-Through Rate ↓44%│ LMM Deal Volume ↑8.1%│ Sales Hire Failure Rate 67%│ Organic Growth Gap 2.3× plan│ PE Dry Powder $2.59T│ PRESS: Ed Marsh at PE Operating Partners Summit│ DEAL: Midwest controls automation acquired at 7.8×│ PE M&A Activity ↑12.4%│ Industrial EBITDA Multiples 7.2×│ B2B Buyer Trust Index ↓31%│ SEO Click-Through Rate ↓44%│ LMM Deal Volume ↑8.1%│ Sales Hire Failure Rate 67%│ Organic Growth Gap 2.3× plan│ PE Dry Powder $2.59T│ PRESS: Ed Marsh at PE Operating Partners Summit│ DEAL: Midwest controls automation acquired at 7.8×│

Don't pass when you should run - the role of marketing consulting

Marketing consulting isn't just about internal bandwidth - it's about perspective, expertise, creating greater results and avoiding epic #fails.

 

“We were going to run the ball and win the game but not on that down”

You have to feel for Pete Carroll.  Of course, for those of us in New England the feeling is fleeting.

Here's the thing - that sort of breakdown happens routinely in B2B industrial marketing.  Too often companies start to feel cocky as they have some success.  And then they get silly, fiddling with technology for the sake of technology.  They pass when they should just run.

But knowing when to pass, or even what sort of play against what coverage, requires experience and vision.  Head coaches, assistant coaches, folks up in the box and those down on the field collectively draw on years of experience and detailed scouting to make those calls.

And they still, sometimes, have epic brain cramps.

The role of marketing consulting

Most industrial companies don't have head coaches and assistant coaches.  And almost none have scouting.  Instead a coordinator, working diligently, head down (no fancy headset, integrated Surface tablet, or eyes in the sky) without research on prospects, is supposed to create nurtured leads.

And guess what...

There's a silly play called that costs an opportunity.

Too many companies think of marketing consulting as an outsourced resource to build capacity - instead it should provide the perspective and vision which companies don't have internally.

Great B2B marketing is a grind

There's another lesson to take from the '15 SuperBowl.  Success comes from relentless execution.  Seattle lost track of that.  They got excited.  They were giddy on the sidelines.

That happens often in industrial marketing in response to a quick burst of success with social media, some results with marketing automation, etc.  And companies get lax.

There's a reason why so many great B2B marketers are engineers - they are data obsessed, process oriented, results oriented characters - like Belichick.

Sure it's important to celebrate success, encourage co-workers and enjoy what you're doing.  But as soon as the backslapping starts, the focus on detailed and relentless execution diffuses.

Maybe it's worth engaging some marketing consulting to get your team focused.  Have you seen the playbook binders and wondered just how complicated football is?  Well your business is really complex too - download our free whitepaper to understand your challenges.

free whitepaper complexity of revenue growth strategy

Is your team selling at decision five?
A 15-minute conversation will tell you where your deals are really won or lost.
BOOK 15 MIN →
KEY TAKEAWAYS
  • Most complex industrial purchases must clear five separate buying decisions.
  • Decisions 2 and 3 determine whether a purchase happens at all — and most reps don't know they exist.
  • Most big-ticket B2B industrial forecasts are fantasies because they ignore those decisions.
  • Buying teams typically include eight to twelve people.
  • Reps need business acumen — not just product knowledge — to engage decision-makers early.
Ed Marsh
Ed Marsh
Ed was going to be an architect because he loved the nexus of engineering and design. That was before was going to be an engineer; before he graduated from Johns Hopkins; before he was an Army Infantry Officer (Airborne Ranger); before he set B2B industrial sales records; before he was partners with a German capital equipment manufacturer; before he founded a distribution/rep company for industrial products in India; until he decided that managing a business and employees wasn’t what he enjoyed. Now that Ed’s got all of that out of his system he runs a consultancy that helps US manufacturing companies grow by applying process excellence to business development – completing the full circle back to an engineering & design combination. His practice is built on a unique methodology which combines powerful digital marketing methodologies (a HubSpot partner) with his extensive international biz dev experience.
STOP FORECASTING FANTASIES

Find out where your deals are really won.

Fifteen minutes with Ed Marsh. Sharp questions, honest answers, and a clear read on whether your team is selling to the right decision.

BOOK 15 MINUTES →