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What trends will shape demand generation in 2021?

Posted on: May 14, 2021

Reading Time: 3 minutes

Category: Demand generation

What trends will shape demand generation in 2021?

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We are gradually emerging from what has arguably been the most challenging 18 months for B2B businesses since the ‘Roaring Twenties’ suddenly derailed.

Demand generation must go on, and amid all the doom and gloom there are plenty of examples of organisations who actually thrived in the digital-first market.

So, where are we now?

To help us chart the territory we are drawing on a report by B2B consultancy durhamlane, which is based on their survey of B2B revenue leaders in the UK from a variety of sectors.

An upbeat outlook

7 in 10 are more than optimistic about creating more opportunities, increasing ROI and entering new markets.

Awareness is just as important as lead generation

Brand awareness and content marketing are seen as essential parts of lead generation, as companies aim to establish their presence at the top of the funnel.

Nearly a quarter are significantly increasing their brand awareness budgets, and nearly three-quarters are planning to use more content marketing as part of their long-term demand generation strategy.

Effective ABM continues to be hampered by poor alignment

Account-Based Marketing (ABM) is a strategic approach to targeting high-value accounts with ultra-personalised marketing.

To pull it off and draw in those accounts requires the complete alignment of your sales and marketing teams.

And yet, almost half of the respondents agreed that their two teams could work together better to maximise growth.

Is buyer intent data the elephant in the room?

A highly significant four in ten respondents claimed that they no longer were certain they understood their target audience after recent upheavals.

Many also stated that related problems were aligning content to the buyer journey, achieving account-based personalisation and not having any data on buyer intent.

But buyer intent data is available – and, what’s more, it can solve the issues of understanding your target market, aligning content to journey and achieving account-based personalisation.

According to behaviour-based marketing (BBM) experts Cyance, only 2-5% of your ideal customers are usually in an active buying journey.

Buyer intent data can identify these in-market prospects by analysing behaviour signals to build predictive audience segments.

This means that using buyer intent data allows you to strike while the iron is hot by using highly targeted, ultra-personalised marketing and sales outreach to stakeholders in key accounts.

Is there no stopping Martech’s growth?

Martech’s decade-long growth shows no signs of abating.

According to Gartner, technology spending accounts for the largest slice of marketing budgets, and nearly three-quarters of CMOs expect their martech investments to increase.

Prospects are looking up

Unless an unexpected curve ball hits us in the second half of the year things are looking positive.

And that’s just how it should be.

If you’re looking for a demand generation agency to take you into the future, Sopro might just be the perfect partner. Get in touch today to find out more.

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