B2B marketing strategy: Planning for 2025
With the new year upon us, marking the halfway point for the financial year, now is the perfect time to revisit your marketing strategy. Remember, as business landscapes shift, so should your plan. So, use this time to regroup as a team, evaluate your progress, assess KPI performance and make any necessary adjustments.
The 4 levels of B2B marketing:
There are four levels that marketers must consider when creating and reviewing their B2B strategy.
1. Business strategy
2. Marketing strategy
3. Marketing tactics
4. Marketing execution
While it's a simple and effective framework, many marketers seem to overlook, rearrange, or omit steps, which can lead to suboptimal results.
Start with your company's business strategy:
The first and most important step is reviewing the business strategy and gaining input from key stakeholders.
Your marketing efforts must align with your company's overall business objectives and revenue targets. This alignment is non-negotiable. Once your business objectives are clear, you can define your 'game plan' to achieve them, combining strategic decisions (positioning, messaging) with planning (roadmap, budget).
After that, you can revisit your B2B marketing strategy for FY25.
Key steps - marketing strategy review:
Start with a comprehensive review
Conduct a thorough marketing review of your work delivered
Analyse existing marketing channels and their performance
Evaluate target audience and buyer personas
Assess competitive landscape
Review marketing goals and KPIs from the last 6 months
Align with business objectives
Ensure your marketing strategy supports overall business goals
Identify key business objectives for the remainder of FY25
Determine how marketing can support these objectives - engage with executives and sales team immediately
Set specific, measurable marketing goals tied to business outcomes
Develop a data-driven approach
Use data to inform your strategy
Analyse past performance data to identify trends and opportunities
Leverage customer insights to refine targeting and messaging
Implement analytics tools for tracking and measurement
87% of marketers see data as the most underutilised asset in their company.
Create a flexible budget
When reviewing your budget for the remainder FY25
Balance allocation between brand-building and performance marketing
Allocate resources to high-growth opportunities
Build in flexibility to adapt to market changes
Focus on integrated marketing
Develop an integrated marketing approach
Ensure consistency across all marketing channels
Create a cohesive customer journey
Leverage technology to streamline marketing efforts
Incorporate AI and automation
Enhance your marketing efforts with AI
Explore AI tools for content creation and optimisation
Use AI for better customer segmentation and targeting
Implement marketing automation to improve efficiency
AI has helped 55% of marketers boost their bottom line.
Plan for continuous evaluation and adjustment
Build mechanisms for ongoing review and optimisation
Set regular meetings for strategy review
Be prepared to pivot based on performance data and market changes
Continuously test and refine marketing tactics
As Seth Godin wisely said, "Marketing is a contest for people's attention." Keep this front and centre as you refine your B2B marketing strategy. Focus on creating strategic campaigns that not only grab attention but also resonate with your audience, driving your business forward.
Need help with writing or reviewing your B2B marketing strategy - book a call.