Useful infographic from Marketing Sherpa to promote their forthcoming B2B Marketing Summit. Marketing Sherpa have a lot of data and significant expertise around integrated marketing in the B2B space. Their graphic focusses on key insights on a 5 stage marketing conversion funnel. Here's 3 take-aways that stand out to me:
- Based on Sherpa's survey data, the average percentage of leads that buy is 20% - though remember Eloqua's research that 80% of your leads simply buy from someone else! Their lead nurturing presentation on SlideShare is worth a look
- One third of B2B businesses have not identified their sales funnel, ouch. Have you!?
- Brand reputation and awareness remain relatively low in the minds of B2B marketers when compared to focussing on lead generation or conversion, yet surely that should be hand-in-hand? Maybe building your B2B brand in the thought leadership space (for your market) represents a big opportunity to pull in early prospects?