S2E15: How to optimize B2B marketing funnels for growth -- ft. Bas Hennephof, Co-Founder of Convert Calculator

Mindful B2B Marketing | Business Growth and Social Impact (Former: Forward Launch Your SaaS)

Main Insight

Instead of targeting a broad audience, concentrate on particular industries and their unique use cases. This enables you to tailor your messaging, content, and solutions to meet specific customer needs. This funnel-focused approach enables B2B marketers to systematically optimize each stage of the customer journey with targeted, industry-specific strategies, resulting in higher conversions and more efficient growth.
Guest Bio
Bas Hennephof is the co-founder of ConvertCalculator, a no-code builder for interactive content such as calculators, quizzes, lead pages, product configurators, and quote forms. He has extensive experience in business, design, marketing, product, and strategy. In the past, he founded an online startup accelerator, coached multiple innovation teams, and led a corporate innovation initiative at the largest bank in the Netherlands.

Practical Steps

1. Define Your Ideal Customer Profile (ICP):
   • Identify the specific industries and use cases where your product or service provides the most value.
   • Develop detailed personas to understand their pain points, needs, and decision-making processes.
2. Map Out Your Customer Journey Using Funnel Metrics:
   • Outline each stage of your funnel: awareness, acquisition, activation, retention, revenue, and referral.
   • For each stage, list the actions customers take and the conversion rates associated with them.
3. Create Industry-Specific Messaging and Content:
   • Develop landing pages, blogs, and marketing materials tailored to each industry and use case.
   • Use language and examples that resonate with your target audience's specific challenges and goals.
4. Develop Targeted Templates and Tools:
   • Offer templates, calculators, or interactive content that address the unique needs of each segment.
   • Ensure these resources help customers quickly realize the value of your product.
5. Implement Systematic Measurement and Analysis:
   • Set up analytics to track conversion rates at each funnel stage.
   • Regularly review data to identify drop-off points and areas for improvement.
6. Run Focused Experiments:
   • Prioritize one funnel stage at a time and conduct A/B tests to optimize it.
   • Implement changes based on data-driven insights and measure their impact over time.
7. Enhance Onboarding and Activation Processes:
   • Customize onboarding experiences based on customer segmentation.
   • Provide relevant support content, tutorials, and guidance to improve activation rates.
8. Maintain Team Alignment and Communication:
   • Involve all team members in funnel optimization discussions.
   • Use collaborative tools to ensure everyone is informed about goals, strategies, and progress.
9. Stay Disciplined but Flexible:
   • Set clear quarterly goals for each funnel stage and stick to them.
   • Be open to adjusting strategies based on performance data and changing market conditions.
10. Seek Continuous Feedback and Iterate:
    • Collect customer feedback to understand their experience at each funnel stage.
    • Use insights to refine your product offerings and marketing strategies continually.

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