That's not me, that's according to Tom Rodenhauser of Kennedy Information, a firm that monitors consultancies, in this Economist article
"Why expensive consultancy firms are giving away more research".
Mr Rodenhauser reckons that thought leadership costs consultancies up to 5% of gross revenues but considers some of it merely "academic masturbation".
Even more astonishing is the idea that most consultancies couldn't answer the question of whether thought leadership is worth the investment.
ROI, it seems, isn't a key consideration.
From a new business perspective, developing engaging content can be an excellent way to open doors with prospective clients.
And our view is that it should always be developed with that in mind, not just to satisfy the academic curiosity of the consultancy.
Labels: marketing collateral, new business development
Posted by: David Regler @ I recently found an interesting survey on marketing collateral for B2B technology vendors.
"Eccolo Media 2009 B2B Technology Collateral Survey Report".
There's alot of detail in here about trends, etc but a couple of key points are that white papers are still the most influential form of collateral influencing technology purchasers and that it's "highly viral" in nature.
The last point is very interesting when you consider that the survey found "nearly as many (85 percent) share case studies; 81 percent share brochures/data sheets; 80 percent podcasts; and 79 percent video"
This seems to echo our experience where we often use white-papers, case-studies and "thought-leadership" collateral as a tool to both engage and develop relationships within a prospect organisation.
Indeed, the survey makes it clear that "collateral acts as the 'front door' to the sales process.
Another interesting area is the channel preference: "A download from a direct response campaign was the second most frequently used channel for receiving a white paper, behind the corporate Web site. This implies both the frequency with which the white papers are used as direct response offers, and the respondents' preferences to receive them through this channel"
Just as this survey has seen the use of video rise in last years. I think this is one area where social media marketing will dramatically increase. At the moment it's behind direct response but I definitely see that changing.
After all, I found this piece of collateral via the
Inbound Marketers group on LinkedIn.
Labels: b2b marketing, demand generation, digital marketing, marketing collateral, social media
Posted by: David Regler @