One of the areas of content publishing that has become voluminous over the last few years is research studies. Whatever you want to know about what marketers are doing, you can find out. Not that research studies are always representative, but when hundreds, or even thousands, of marketers agree on a certain premise, it’s worth considering.
However, lately I’ve seen research studies that are concerning. When I look at the sentiments these studies reflect, and the questions they raise about our industry, I get a bit queasy thinking about whether our profession is as advanced as it should be. I get a sense of inertia — of doing the same things we’ve always done but expecting different results — that makes me wonder if we’re really making progress now that continuous change has become, well, a constant.
Here are a few examples:
The State of B2B Lead Generation 2013, a study conducted by Buyer Zone, asked marketers what they do once a lead is generated. Fifty percent answered that the next step would be to route the lead directly to sales.
What’s notable about this? Well, 21 percent of marketers in the Buyer Zone study said they think the “key game-changer for the future of lead generation” is increasing the quality of lead generation. But, when asked where they would route money if they had an unlimited budget, 31 percent of these marketers said buying more leads would be their most popular choice.
Mass Relevance and The CMO Club asked Fortune 500 CMOs about their priorities and challenges in 2014 in their At The Speed of Life study:
- 95 percent said that content marketing is important to their business
- 95 percent believe creating and finding new, timely, and engaging content is one of their biggest challenges in 2014
The fact that the importance of content marketing is realized at the top level, yet marketers are still struggling with creating and finding content shows that companies haven’t addressed the gap that exists between understanding content’s value proposition and knowing what’s needed to capitalize on it. By leaving it up to marketers to figure it out themselves, how much lost opportunity are companies leaving on the table?
In reviewing the first B2B Trends report conducted by MarketingProfs and Junta42 (now CMI) back in 2010, the challenges marketers face have remained eerily similar. That’s over five years! The top challenge in 2010 for 36 percent of marketers was producing engaging content, followed by producing enough content. In the 2014 report, producing engaging content is a challenge for 47 percent of marketers (preceded by lack of time and producing enough content).
Instead of getting better, it’s gotten worse. More marketers are experiencing the same pressing challenges they did in 2010, in addition to new ones. Why do we think this is a situation that will resolve itself? Our current approaches for becoming more confident and effective at content marketing are obviously not working well enough.
Last fall, Adobe released a report — Digital Distress: What Keeps Marketers Up at Night? — in which 1,000 U.S. marketers were asked about their biggest concerns with digital marketing. What the report found is that things are shifting even more quickly than we thought, and our ability to keep up is declining, rather than improving. Yet, even with mounting pressure for improved performance from marketing teams, dedicated training has not yet become a priority.
Some more of the findings from the Adobe report included:
- 76 percent of marketers think marketing has changed more in the past two years than the past 50
- Only 40 percent think their company’s marketing is effective
- 68 percent feel more pressure to show ROI on marketing spend
- Most marketers don’t have any formal training: 82 percent learn on the job
While there are many areas of shaky confidence in relation to digital marketing, the top two concerns for these marketers were their ability to reach customers and their ability to keep up. And the kicker? Only 9 percent of these marketers agreed with the statement, “I know our digital marketing is working.”
There are also a number of studies being done on the changing nature of buyers (from both B2B and B2C perspectives). The problem I see here is that comparing marketer studies with buyer studies doesn’t show that marketers are listening to — or learning from — buyer feedback. This needs to change. Marketers will need to start directing their efforts toward improving capabilities and attaining the necessary core competencies that will enable their marketing programs to reach full potential.
It’s time to shine a light on learning
After evaluating all of the issues that marketers are facing — along with the increasing urgency of content as a top priority — the statistic that stood out the most for me is that 82 percent of marketers say they’re not receiving training. While I’m a huge proponent of learning on the job, I question whether or not that’s enough to prepare today’s marketers to conquer all the challenges they will encounter — now and in the future.
Let’s face it, there are a lot of new skills to be learned. From buyer personas to content marketing strategy to storytelling to social conversations to multi-channel integration and data analysis — to name just a few — what marketers need to know today is much different than what we needed to apply to be successful just a few years ago. When 760 out of 1,000 marketers can agree that marketing has changed more in the last two years than it did in the previous 50, it suggests that there’s been progress at such an accelerated pace that the need for industry training and ongoing professional development is likely outpacing the ability of an organization’s senior-level marketers to provide it for their team members. The need for rapid evolution is clear and pressing.
The State of Digital Marketing Talent study backs up this assumption, stating, “… the results of the study indicate that there is a substantial gap that exists between the need for strong digital marketing talent and the skills that individuals in the field currently bring to the table.”
The question every content marketer needs to answer is: “What am I going to do about it?”
Pursue your vast potential
As far as I’m concerned, there’s never been a more important or exhilarating time to be a content marketer. We’ve got opportunities to influence our company’s business strategy, provide a flow of qualified buyers to our sales teams, and take our seats at the executive table because we’re able to quantify the contribution we make to company growth, innovation, and viability. But the marketers of tomorrow won’t be able to hold those seats if we, as an industry, can’t close the gap between the skills we have now and our future ability to produce the outcomes that employers value.
Fortunately, there are a lot of ways to get up to speed. From consultants and coaches to online training courses, conferences, and workshops, the opportunities for content marketing training are abundant. Many of these options can be achieved iteratively in small increments of time that are designed to help you learn what you need right now, and then add to your knowledge as you move forward.
Often, what I hear is that marketers already have a bigger slate of tasks than their day will allow them to manage. That’s an excuse. And, trust me, if a marketing program executed next week (instead of today) is better than it would have been originally, based on newly acquired skills, I’m not really sure what’s keeping marketers from upping their game. How much more evidence do we need before we’re motivated to take action?
Want to be better prepared to address tomorrow’s marketing challenges with the latest content marketing tools and techniques? Sign up for access to a free preview course in CMI’s new Online Training and Certification program. Get training from content experts like Ardath Albee, as well as marketers from Google, Mashable, SAP, and more.
Cover image via Bigstock