Tag: ABM Marketing

  • B2B Digital Marketing for SAAS Companies – Insider Strategies

    In this digital world, SAAS companies base their growth on digital marketing – from outreach and traffic to ABM (account based marketing) and retargeting. The channels and strategies for B2B digital marketing for SAAS enterprises are quite different. While a part of focus is on Google Ads and Meta Ads, most of the focus shifts to SEO, LinkedIn Ads, Email, Affiliate marketing, Content Syndication, and retargeting or funnel nurturing via GDN, Newsletters, and YouTube.

    Furthermore, in my experience, B2B digital marketing is slightly less volatile or dynamic than B2C digital marketing. You may ask how? For B2B, you don’t need to push so many different ads for each event or festival, you also don’t need to make changes as often as you need to for B2C. Some of the reasons behind this are the long sales cycles in B2B and the lesser number of offers that need to be advertised. The negotiation on pricing happens during the sales funnel phase. Many channels and campaigns such as Affiliates and content syndication have longer runtimes and shelf life.

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    B2B Digital Marketing Strategies for SAAS Companies

    Understanding B2B Digital Marketing for SAAS Companies

    Now while all that makes management of B2B digital marketing campaigns relatively easier, there is another side to this coin. The data analysis and optimization depends on channel, website as well as funnel tracking which is very different than just placing tags or pixels on a website to track from clicks to RoAS in the platform itself. Then, on the analysis side, you need to look into both in-period and cohort data due to the monthly nature of sales and lengthy sales cycles. And don’t forget about the ABM part of B2B digital marketing – which we will discuss in detail later.

    The CPCs for B2B campaigns are much higher compared to B2C campaigns. While a B2C campaign click costs between $2-5, a B2B campaign click costs between $10-20. That is 10x.

    The conversion rates are a mix of platform CVR for leads and funnel CVR for deals. The revenue is not just a one time sale but a recurring revenue over years. The overall LTV and ACV (annual contract value) is much more important while making decisions on which platforms to choose and which campaigns to scale.

    I will be discussing all this in detail in this blog based on my own experience of working with two global multi-billion dollar B2B SAAS enterprises. Having spent over $30 million in B2B campaigns in the past 3 years, I now have some pretty good insights into these campaigns – both performance and management. I will also be sharing the names of multiple vendors which can help you scale your affiliate & content syndication programs as well as webinars. So Stay tuned!

    How does B2B Digital Marketing differ from B2C?

    Now let’s go through some further details on the digital marketing activities necessary for medical and healthcare professionals.

    1. In most cases this is Lead Generation. In some cases it is online sign up and payment.
    2. The channels in B2B vary a lot from B2C – more focus on LinkedIn, Affiliate, Newsletters and Listicles/Review Sites
    3. ABM (Account based marketing) while targeting TALs (Target account lists) is something unique to B2B digital marketing. This is done on multiple channels including Meta, LinkedIn, and Affiliates, sometimes using specialized SAAS tools such as 6Sense, Demandbase, Metadata and more.
    4. The CPCs are comparatively much higher – $10-20 for B2B vs $2-5 for B2C
    5. Sales Funnel – The leads go through a rigorous nurture and sales process before finally converting
    6. This results in a high CAC (Cost of Acquisition) as it includes cost of sales team
    7. The CVR is also much lower in case of Click>Lead>Sales Funnel>Deal funnel in B2B vs Click>Purchase in B2C
    8. RoAS is not based on just a one time purchase but is based on customer LTV

    B2B Digital Marketing Channels & Traffic Sources

    SourcesPlatforms IncludedImportanceRetargeting?
    Paid SearchGoogle Ads, Bing AdsHigh and specific intentYes
    Paid DisplayGoogle Display Network, Programmatic, Tabula, Criteo, Outbrain, and many moreLow cost per impression, multiple placement opportunitiesYes
    SEOGoogle and Bing Search EnginesHigh intent and low cost
    AI SEOGoogle, ChatGPTHigh intent, low cost and low competition
    Paid SocialMeta/Facebook/Instagram, LinkedIn, YouTube, Tiktok, Twitter(X), SnapChatLow cost per impression, multiple placement opportunitiesYes
    Organic Social MediaMeta/Facebook/Instagram/Threads, LinkedIn, YouTube, Tiktok, Twitter(X), SnapChatLow cost, build communities and following, WoM
    Social InfluencersMeta/Facebook/Instagram/Threads, YouTube, TiktokLow cost, WoM
    AffiliatesEmail Partners, SMS Partners, App PartnersPinpoint targeting based on demographics and firmographics
    Content SyndicationPublishers, Listicles, Review SitesMid level intent and low CPC
    Paid CommunitiesReddit, Quora, PinterestHigh interest, more ad content to engageYes
    Organic CommunitiesReddit, Quora, PinterestHigh interest, build communities and following
    MessagingWhatsApp, Email, SMSHighly targetedYes

    Now each traffic source has multiple channels with each channel having its own uniqueness in terms of intent, targeting, visibility and cost. I always suggest B2B practices use multiple channels and split their budget based on performance of each channel.

    While SEO is highly dependent on your website content and optimizations, your organic social media is dependent on your post quality and posting frequency. However, the scale of both is limited as the search volume for B2B KWs is much lower compared to B2C KWs and the engagement on B2B content on social media is also much lower compared to B2C content.

    On the other hand, paid advertising channels have their own set of characteristics and complexities such as how to structure the campaigns, whom to target, how to target and how much to bid.

    We will now discuss the nuances of each of these B2B digital marketing channels for the SAAS industry in detail. We will also discuss the best digital marketing strategies and tips for each of these channels.

    I am also going to ask you to skip many of these channels based on my experience of managing digital marketing for 250+ clients in the US, Canada Australia, UK, and Mexico.

    Digital Marketing Channels for SAAS Enterprises – Channel Strategies and Tips

    PlatformsDimensionsMetricsAudiencesImportanceSet UpOptimization TipsBudgeting & BiddingTech IntegrationsGeo Targeting
    Google Search AdsCampaign, Ad Group, Ads, KeywordsCPC, CTR, CPL/CPA, CVR, RoAS, Impr Share, Quality ScoreAttach existing customer list for better targetingHigh intent audience targeted by KWs for diseases, ailments & symptomsUse Phrase match for best resultsBrand, Competitor, Generic campaign structure
    Skip Search Partners and Search on Display options
    Regularly exclude queries using Search Term reportUse tRoAS bidding strategyCascade budget – Brand is most important, followed by Competitor, and then Generic. Split Generic KWs into multiple campaignsUse GTM to place tags on appointment engines
    Integrate GSC and GBP
    Targeted Markets (Country based)
    Bing AdsCampaign, Ad Group, Ads, KeywordsCPC, CTR, CPL/CPA, CVR, RoAS, Impr Share, Quality ScoreUse intent targetingUse Phrase match for best resultsBrand, Competitor, Generic campaign structureSkip Search Partners and Search on Display optionsRegularly exclude queries using Search Term report
    Use tRoAS bidding strategy
    Cascade budget – Brand is most important, followed by Competitor, and then Generic. Split Generic KWs into multiple campaignsUse GTM to place tags on booking engines
    Integrate GSC and GBP
    Targeted Markets (Country based)
    GDNCampaign, Ad Group, Ads, Audiences, PublishersCPM, CPC, CTR, CPL/CPA, CVRUse Lookalike, Custom Intent, inmarket and Affinity AudiencesCheaper and wider outreachSplit ad sets based on audiences and creative themesRegularly exclude publishers with extremely high or low CTR or CPC or based on industryMinimal budget and low bidding compared to Search AdsUse GTM to place tags on booking enginesTargeted Markets (Country based)
    ProgrammaticSkip these
    PMaxSkip these
    Google SearchBrand, Generic KWsImprs, CTR, Ranking, CVRHigh Intent free traffic and customersUse Entity Search and SchemaGA4, GSC and GBP Integration
    Google Business ProfileNAP, Categories, Service Area, Schedule, ReviewsRatings, Directions, Calls, Website VisitsNot so important for SAAS companiesNAP – Name, Address, Phone NumberAlso fill up all the other fields availableMaintain Rating of 4+Get good reviews regularly
    Post pictures regularly
    Bing SearchBrand, Generic KWsImprs, CTR, Ranking, CVRHigh Intent free traffic and customersUse Entity Search and SchemaGA4, GSC and GBP Integration
    ChatGPTBrand, Generic KWsImprs, CTR, Ranking, CVRHigh Intent free traffic and customersUse Entity Search and SchemaGA4, GSC and GBP Integration
    Influencer PRCPM, Engagement Rate, Clicks, CPC, CPAReach out to travel influencers via their social media pages to negotiate a deal with them for each story and post promotion
    Meta AdsCampaign, Ad Set, Ads, CreativesCPM, CPC, CTR, CPL/CPA, CVRUse default option for travel audience at Ad Set levelUse 2% lookalike audience or Advantage+ audienceSeparate campaigns to focus on indoor/outdoor/services/places to visit/eventsUse multiple creatives in a single adLow Budget and low biddingIntegrate Pixel and implement events via GTMTargeted Markets (Country based)
    FacebookFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileShare how to videos, features, stories and testimonials
    InstagramFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileShare how to videos, features, stories and testimonials
    ThreadsFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileShare how to videos, features, stories and testimonials
    LinkedInFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileBe a thought leader on LinkedInShare client testimonials and case studies
    LinkedIn AdsCampaign, Ad Set, Ads, Creatives, TALsCPM, CPC, CTR, CPL/CPA, CVRTAL targeting for ABM is only available on LinkedIn – Use it!Integrate with tools such as Demandbase and Metadata to target account based audiences with high accuracyLinkedIn is where you find professionals in your targeted industry who are the decision makers in their organizationsSeparate campaigns to focus on indoor/outdoor/services/places to visit/eventsUse multiple creatives in a single adMedium budget, High CPM, CPC and CPLIntegrate Pixel and implement events via GTMTargeted Markets (Country based)
    YouTubeFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileShare features, stories and testimonials
    Youtube AdsSkipShare how to videos
    TiktokFollowers, Likes, Engagement RateOrganic engagement and outreachAdd all links into your profileRegularly post about events, discounts and how to travel
    Tiktok AdsSkip
    SnapchatSkip
    Twitter(X)Skip
    Twitter(X) AdsSkip
    AggregatorsSkip
    QuoraList a free profile to answer specific questionsSome users may ask very specific questionsAnswer questions related to ailments and symptoms questions by other users
    Quora AdsTry if you have extra budgetsame as other social platforms
    RedditList a free profile to answer specific questionsSome users may ask very specific questionsBe a thought leader on Reddit
    Share client testimonials and case studies
    Reddit AdsTry if you have extra budgetsame as other social platforms
    PinterestSkip
    WhatsAppDelivered and Read RatesExisting PatientsUse this as a retargeting channel to reach and remind existing patients about upcoming tests and appointmentsIntegrate with your CRM for automationShare offers & benefits
    Share client testimonials and case studies
    CRM integration
    Email/ NewslettersDelivered and Read RatesExisting PatientsUse this as a retargeting channel to reach and remind existing patients about upcoming tests and appointmentsIntegrate with your CRM for automationBe a thought leader
    Share playbooks
    Share client testimonials and case studies
    CRM integration
    SMSDelivered and Read RatesExisting PatientsUse this as a retargeting channel to reach and remind existing patients about upcoming tests and appointmentsIntegrate with your CRM for automationCRM integration
    AffiliatesList or Subscribers CountSent, Opens, Clicks, Leads, Deals, ACV, RoASOne of the best to target ABM TAL and upmarketFirmographics, ABM and TAL based Marketing, Upmarket Audiences, BANT leadsMake a deal with an affiliate vendor – Greenleads, itechSeries, SpiceWorks, PMG360, First Connect Digital, User Gems, ROKT and many moreUse best performing newsletter
    Double Touch leads are much better in quality
    BANT leads are even better
    Targeted Markets (Country based)
    PublishersWebsites Owned, Articles, ClicksCPC, CVR, Leads, Deals, RoASRevleads, Morning Brew, Thirddoor Media SEJ, Neil Patel (not recommended due to poor CRM)Customize headlines and short descriptionsPay $10-15 for Rank 1 in USOption not available
    ListiclesWebsites Owned, Articles, ClicksCPC, CVR, Leads, Deals, RoASCapterra, SoftwareAdvice, Plain English Healthcare, Deep ViewCustomize headlines and short descriptionsPay $10-15 for Rank 1 in USOption not available
    Review SitesWebsites Owned, Articles, ClicksCPC, CVR, Leads, Deals, RoASb2breviews, SEJ, SAAS AdvisorCustomize headlines and short descriptionsPay $10-15 for Rank 1 in USOption not available
    WebinarsWebsites Owned, Articles, ClicksRegistrations, Attendees, CPL, Deals, CPA, RoASMartech, Third door Media, WM America, Product School, CMP Team, Madison LogicTargeted Markets (Country based)

    For B2B companies, it is essential to have a great marketing agency at their disposal handling different strategies and several activities across multiple channels and campaigns. Not every agency can handle B2B digital marketing – I can say this as I have worked with a few and they didn’t have a clue as to how to optimize or even analyze B2B digital marketing performance. Thus, choose an agency which has worked with global SAAS enterprises and bring the experience and findings from there to analyze and optimize your digital campaigns.

    Mindless is one such agency where the digital marketing specialists have worked with multiple SAAS companies. They help B2B companies manage all aspects of digital marketing including paid media, SEO, LinkedIn, ABM, Affiliates and others. Specialists at Mindless have worked with 250+ clients including multiple global B2B corporations and scaled the online presence of several businesses while increasing their clientele, revenue and performance..

    If your business is facing the challenge in optimizing website SEO or other paid media channels, then book a free consulting session with our experts and find out how we can help your business achieve new heights.

    You can also mail us on sales@mindless.digital for any queries.


    About the author:

    Pragun Jain is a seasoned digital marketer who has worked with over 500+ businesses ranging from billion dollar SAAS enterprises to 5-star hotel chains, doctors, politicians, SAAS companies, restaurants and retail stores. He has managed over USD 75M in paid media spend across Google Ads, Meta Ads, LinkedIn Ads and other digital marketing channels.

    You can visit his LinkedIn profile here.


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