Latest Data Shows Direct Mail Is Still Alive, Well and Effective

Some marketers theorize that “direct mail is dead” about as often as “Game of Thrones” fans theorize about the fate of favorite characters. So for all of AccuList’s current and future direct mail list and data services clients, here is current proof that direct mail is alive and well, and still a key direct marketing tool.

Marketing Mail Enters 2019 on a Growth Path

The U.S. Postal Service reports that revenue for the first quarter of fiscal 2019 (October-December 2018) was up 2.9% to a $19.7 billion total over the same prior-year quarter. A decline in First Class Mail dollars and volume was more than offset by Marketing Mail’s 4.9% increase in revenue, up by $218 billion, and 4.8% bump in volume, up by 1 billion pieces, combined with Shipping and Packaging revenue growth of 8.7%, up by $516 million, and a 5.4% volume bump, up by 93 million pieces.

Mail Response Outpaces Other Channels

We’ve reported it before, but it bears repeating because it explains why direct mail is still an important marketing tool in this digital age: The 2018 DMA/ANA Response Rate Report shows an average direct mail response rate of 9% for house lists and 5% for prospect lists, stellar rates compared with response rates of 1% or less for e-mail, social media, paid search and display ads. In fact, lower mailbox volumes actually have helped turbocharge mail response in an era of digital promotional bombardment, from e-mail, to online ads to mobile ads. Consider that, each day, an average of 107 e-mails per person are received globally and an average 63 ads per person are viewed, but only an average of two pieces of mail are received per person. It’s clear which channel gets the audience attention and why 75% of households read or scan their direct mail ad materials daily, per a USPS 2016 study. Not only was direct mail the top purchase influencer among Baby Boomers, even beating out family and friend recommendations, per a 2015 MarketingCharts study, but even younger, digitally addicted generations are fans of direct mail, too. According to USPS studies, 77% of Millennials pay attention to direct mail advertising, 90% think direct mail advertising is reliable, 57% have made purchases based on direct mail offers, and 87% of Millennials say they like receiving direct mail. Direct mail works or an even younger group of consumers as well: 69% of 18- to 24-year-olds prefer reading print and paper communications over reading from a digital screen, per paper-producer Sappi.

Mail Wins by Being Trusted, Engaging and Personal

How can direct mail work so well across generations of consumers? First of all, in an age where trust in advertising is at a minimum, 76% of consumers say they trust direct mail when they want to make a purchase decision, and trust it more than digital channels, per a 2016 Marketing Sherpa study. Direct mail is also more engaging, memorable and persuasive, per neuroscience studies. In fact, a 2015 Canada Post neuroscience study of direct mail found that direct mail’s motivation response, its persuasive power, is 20% higher than digital media’s motivation response. Finally, in an age when personalization is expected and demanded, direct mail can harness multi-channel databases to machine learning/AI, variable data printing and behavior-based triggers to produce timely, highly personalized messaging, images and offers, way beyond the old first-name addressing of the past. Need more convincing? Check out direct mail solutions provider Compu-Mail’s slide show of 35 direct mail statistics for 2019.

E-mail, Social Lead Nonprofit Event Marketing

AccuList’s direct marketing services support both event marketers and nonprofit marketers, and, of course, there’s an overlap since many nonprofits use events for fundraising. So we try to keep up with what works in not-for-profit show business, and a recent survey of 500 nonprofits by Eventbrite, a leading event management and ticketing services provider, offers some interesting benchmarks.

No One-Size-Fits-All for Nonprofit Events

The “2019 Eventbrite Pulse Report” found that since nonprofits have multiple purposes, they host multiple event formats besides those geared exclusively to fundraising; in fact, just 32% reported hosting galas and fundraisers aimed at tapping donors. Instead, events for cause, community and educational promotion were cited by 78%, networking events by 37%, training and workshops by 33%, food and drink events by 31%, and arts and entertainment events at the tail end with 22%. Of course, revenue production was still seen as a key to success regardless of event goal.

Ticket Sales Swing Between Big and Bust

And when it comes to event revenue, ticket sales, sponsorships and grants/donations were the top sources reported. However, while ticket sales were seen as a key revenue driver by most (75%), the portion of revenue delivered by ticketing varied widely—from 80%-100% of event revenue for just 15% to less than 20% of revenue for a larger quarter of those surveyed. This underscores the need for both diverse revenue sources and more effective marketing to deliver attendance.

E-mail and Social Media Lead Marketing Efforts

Nonprofit event organizers told Eventbrite that their most effective marketing tactics were e-mail (34%); word-of-mouth and referrals (24%); and social media marketing (22%). In the social media arena, nonprofits relied most on organic posts (23%), paid Facebook ads, and video (9%). Among the tactics deemed less effective in the survey were third-party listings, search engine optimization (SEO), and display ads.

Audience Building Is a Top 2019 Challenge

The perennial “insufficient budget” was seen as a 2019 issue by 45% of nonprofit event planners and securing sponsorships as a problem by 46%, but the top 2019 challenge, cited by 73%, was reaching new attendees. And that is the kind of targeted marketing issue that AccuList can help address! For more benchmark data, see the post on the Eventbrite report.

New Survey: Online Marketing Pumps Offline B2B Sales

AccuList’s many business-to-business marketers—including business/industrial supply catalogs, business periodicals, trade shows, and recognition/incentive products—should be investing in a 2019 omnichannel marketing plan to maximize the online impact on offline buying, at least according to the latest research from Boston Consulting Group and Google. An optimal, best-practices mix of digital engagement channels—such as search, display, video, social media, e-mail and websites—with traditional print catalogs/mail, sales calls and brick-and-mortar stores can increase the marketing contribution to sales by 3% to 8%, BCG has found.

Decision-Making Starts Online, Even for Offline Buys

On average, two-thirds of B2B buyers of industrial machinery, industrial supplies, and packing and shipping products and services indicated in a new BCG survey that their purchase decisions had been significantly influenced by digital, even though the majority of buying journeys end with an offline purchase. The survey revealed that some 58% of industrial-machinery purchases were significantly influenced by online activity, even though 100% of the purchases were made offline. For industrial supplies, 88% of buyers performed some form of online research prior to purchase, while 69% then purchased online and 31% purchased offline. Packing and shipping buyers were more evenly divided in online-offline buying preferences, with 54% digitally influenced, 42% purchasing online and 58% buying offline. But it is the differences underneath the online influence data that reveal the opportunities for boosting sales. For example, spending to boost online branding ads/engagement can pay off when 75% of online industrial machinery researchers said that they consider two or more brands at the start of their buying journeys, compared with 55% of those who engage in offline research only. At the same time, 58% of industrial-machinery buyers said that they begin their online search with a product, rather than a brand, in mind. For these researchers, the manufacturers’ websites become primary points of influence.

Nurtured Online Researchers Make More Follow-up Purchases

One of the more encouraging findings in the BCG study was that online business researchers make more follow-up purchases, especially if there is engagement post-sale. When manufacturers of industrial machinery engage their customers digitally after an initial sale, those customers are three times as likely to research supplementary products, twice as likely to purchase them, and three times as likely to repurchase the product. Buyers of industrial supplies engaged digitally post-sale are eight times as likely to purchase a supplementary product of the same brand and twice as likely to repurchase the same product. Effective after-sales digital marketing activities include promoting online account sign-ups, encouraging app downloads, maintaining regular contact through e-mail or “nurture” communications, and ensuring a positive overall customer experience with the product or service.

Measurement Is Key for an Optimal Online-Offline Mix

For the best marketing return on investment, B2B marketers need to measure impacts and influences across the entire buying journey to connect digital marketing expenditures and tactics to offline sales. BCG found that measurement innovators use a variety of techniques—such as customer research, marketing-mix modeling, multi-touch attribution modeling, matched-market testing, and direct match-back approaches. For example, multi-touch attribution (MTA) is a modeling approach that attributes sales to the marketing activities that contributed most directly to revenues, using predictive models and artificial intelligence to derive statistics-driven attribution weights.  Direct match-back uses unique identifiers to tie a sale directly to the marketing activities that generated it at the individual or transaction level. Unique identifiers include credit card information, mobile tracking, in-store beacons, cookies, e-mail addresses or phone numbers.

Read more of the BCG study for survey details and success examples. And ask the AccuList team how we can help via our range of digital marketing services and Digital2Direct program, which combines targeted direct mail with social media ads or e-mail.

Arts Fundraising Study: Invest to Reap More

Any of AccuList’s performing arts marketing and museum and zoo marketing clients that fret over investing in fundraising efforts in 2019 should take a look at the recently released “DataArts Fundraising Report” from Southern Methodist University. Basically, the report concludes, arts and cultural organizations that make smart investments in fundraising reap more dollars, with individual donors a “vital source” of contributions.

Mixed ROI by Sector, Higher Individual Donor Dollars

Looking at fundraising by 2,421 organizations across 11 different arts and cultural sectors between 2014 and 2017, the study found good news for many marketers even though the overall ROI on every dollar spent on fundraising declined from $8.80 in 2014 to $8.56 in 2017. This reflected issues in select sectors. Seven sectors—including performing arts companies, orchestras and operas—actually saw an increase in return on fundraising over the period. The biggest ROI gain, adjusting for inflation, was a 28.8% bump for community-based organizations. But gaining sectors were offset by ROI declines for art museums, dance companies and theaters. Another encouraging sign was an increase in the average individual donor contribution over the four-year period. The report attributed some of the improved donor generosity to a shift toward investment in donor relationship building, with the average organization allocating 62.4% of fundraising expenses to staff in 2017, up from 54.4% in 2014, and thus allowing for more donor development.

Size and Location Make a Difference

For arts and cultural fundraising, size matters, but in an inverse fashion, the report found. Small- and medium-sized organizations increased the returns on their investments in fundraising over the four years, while larger organizations had steadily declining ROI. Individual donors are important for success, per the report, especially outside of the big metro areas where government support, foundations and corporate donors help foot expenses. But locations vary widely in terms of revenue successfully tapped. For example, New York organizations had the highest average number of corporate donors at 12 and also had the highest percentage of expenses covered by government support (9%). Compare that Big Apple haul to the lowest metro-area average of four corporate donors in Los Angeles and Chicago’s low of 2% expenses covered by government funds. On the other hand, Chicago reaped the most from foundations, with 7% of expenses picked up by foundation support, way ahead of New York organizations which, though they had more foundation grants than any other market, only saw those grants cover 3% of expenses.

For details, go to the SMU DataArts Fundraising Report.

2019 Promo Products Embrace USA-Made, Retail Quality

The “2019 Ad Impressions Study” by the Advertising Specialty Institute has many nuggets to help AccuList’s promotional products marketing clients woo targeted buyers. For example, promo products purveyors can point out how their items beat other ad media not only with high ROI, thanks to a cost per impression as low as a tenth of a cent, but also high impact, with consumers under age 55 preferring promo products over all other media for advertising, including newspapers, radio, magazines, television, internet and mobile. In fact, consumers are nearly 2.5 times more likely to have a positive opinion of promotional products compared with online advertising, per ASI.

Not All Promo Products Are Created Equal

When it comes to consumers’ favored promotional products, ASI’s study shows the highest ownership for writing instruments (89%), drink ware (88%) and T shirts (80%). Looking at numbers alone, outerwear is a big winner with the most impressions (6,100), the greatest memorability (85% of consumers remember the advertiser giving branded apparel), and the greatest staying power (outerwear is kept an average of 16 months compared with 9 months for writing implements, for example). But winning even with a popular category means keeping up with trends. Among the latest spotted by Promo Marketing Magazine at the 2019 Promotional Products Association International (PPAI) Expo is the boost in re-usable, environmentally friendly products now that cities and states are banning single-use plastic bags and straws. A return to natural and vintage is not surprising in this anti-plastic mode, with a rise in the popularity of wooden pieces, from cutting boards to awards. Plus, multi-function items continue to grow in popularity, with suppliers adding tech functions to classic promotional items, so that water bottles double as Bluetooth speakers and business card holders can be used to prop phones.

Design-wise, Think Retail Quality, Bundling, USA-Made

The marketers at Delta Marketing Group (DMG) get even more specific about trends in design affecting a range of product categories. As more retail brands become available as customizable promotional products, even non-brand items are starting to emulate the retail look and feel, the agency points out. Quality over brand-logo-blasting also is taking hold, for example with branded apparel using small embroidered patches, subtle custom tags, and understated tone-on-tone colors instead of large logo imprints. Creative materials and refined finishes are forecast to come to the fore in 2019, with bright colors, matte and soft-touch finishes, and heathered and burlap fabrics. DMG also predicts that gift sets packaging several cohesive promotional items together will peak in 2019. Watch for desktop accessories to gain popularity, such as branded mousepads, coasters and phone stands, etc., often bundled as a new-employee or a new-student welcome kit. Plus, with the advent of experiential marketing for events, promotional products are trending toward event-specific giveaways that complete the brand’s event experience. Finally, the made-in-the-USA trend stays strong, per ASI’s study. About 53% of consumers have a more favorable opinion of an advertiser if the promotional product is made in the U.S. versus elsewhere, and that sentiment is especially strong in New England, where 73% of consumers prefer buying made-in-the-USA items. For details from the ASI study, see https://www.asicentral.com/news/web-exclusive/january-2019/2019-ad-impressions-study/

For 2019 Edge, Event Pros Shouldn’t Overlook Direct Mail, SEO, Experiential Marketing

Per the latest industry surveys, AccuList USA’s trade show and conference marketing clients can look forward to solid event industry growth in 2019–along with potential marketing strategy shifts in an increasingly competitive landscape.

Businesses Are Bullish on Event Marketing

Event software firm Bizzabo’s survey of over 1,000 mid- to senior-level marketers at major companies in 2018 found good news for the event industry: Most respondents (41%) consider live events to be the most critical marketing channel in achieving business outcomes (out of 9 possible channels), a 32% increase from 2017. Business execs are also doubling down on live events. Between 2017 to 2018, the number of companies organizing 20 or more events per year increased by 17%. Additionally, the vast majority of respondents (95%) believe in-person events provide attendees with a valuable opportunity to form connections in an increasingly digital world. This reflects a 12% increase compared to 2017.

E-mail & Social Media Remain Favored Promotion Channels

Meanwhile, Eventbrite, an online event management and ticketing firm, surveyed 1,200 event professionals last year to see how marketers are likely to spend in 2019. Word of mouth, an effective tactic for 63% of event marketers, is bolstered by investments in social media marketing, which 49% of event creators placed among the top three most effective drivers of ticket sales. They cited Facebook and Instagram as the top social platforms for reaching event-goers. E-mail rounded out the top marketing channels per those surveyed, with 38% of event professionals relying on it.

Trends Encourage Growth of SEO & Direct Mail Use

However, with 89% of attendees using search for purchase decisions, Eventbrite foresees a necessary expansion of SEO efforts. There’s definitely room for growth, with almost half (46%) of event professionals saying they aren’t using SEO. And, while e-mail is cited among the favored marketing channels, direct mail continues to turn in higher response for the 41% of event pros who use it. Eventbrite thinks the 50% who cite competition as their biggest challenge will want to reconsider the edge offered by adding mail to their arsenal, urging the hesitant to take a trial run by segmenting mailing lists and sending flyers or save-the-date cards to a test portion.

Experiential Marketing Is 2019’s Hot Buzzword

Experiential marketing is a hot new trend for trade show exhibit providers, brand marketers and event planners. It is a strategy that engages attendees by using branded experiences at an event, as part of an event, or in a pop-up activation not tied to any event. It’s all about immersing people in memorable live experiences to create more lasting and positive brand impressions. Yet Eventbrite found that close to 60% of event creators are not using experiential marketing. Acknowledging an intimidation factor, Eventbrite urges starting small, for example by promoting a pop-up shop (temporary retail space) grand opening at an event, by offering a smaller experiential activation like an on-site art installation, or by using a partner on-site sponsorship to enhance the event experience.

Download the Bizzabo report “2019 Event Marketing Benchmarks and Trends” for more details on event industry trends.

B2B Gifting Survey Finds Personal & Memorable Score ROI

Acculist USA supports many clients marketing in the corporate gifting space, with a focus on food and wine gift baskets and catalogs. We recently ran across some interesting data from a study by Knack, a Seattle gifting company, that should help gift suppliers to craft the most appealing packages and business gift buyers to maximize gift effectiveness.

The C-suite Believes in Gifting ROI

The good news from the Knack “Business Gift Satisfaction Survey” is that corporate gifting works well when it is done well: 57% of respondents said that “gifts can impact their opinion of a business partner both positively and negatively.” In fact, over 80% of C-suite executives surveyed said they believe that business gifts generate measurable positive ROI in addition to intangible benefits. Since there’s a huge investment involved annually, with the market for non-cash business gifts estimated at $125 billion, getting the most positives and fewest negatives is clearly vital.

Well-Packaged, Personal & Memorable Score Best

Return-on-investment for a business gift to high-value targets, such as C-suite executives, is highest if the gift tells a story and facilitates a deeper personal connection, per the survey. Quality is more important than the quantity spent to achieve that personal connection; the survey finds that the right amount to spend per gift is between $50 to $150. What defines quality? The best impression comes from good presentation/packaging and the kind of personalization that logo items and gift cards lack, per gift recipients. A memorable gift will seem selected just for the recipient; will include a personal message and will have “value attributes,” such as a handmade/artisan item or a gift supporting an appropriate cause, such as ecological sustainability or made-in-U.S.A.

A Fail-Safe Business Gifting Checklist

Based on 1,000 business gift recipients’ responses, here is the survey’s checklist for fail-safe business gifting:

  • Give a useful item, something practical and that everyone can use.
  • Surround the useful item with shareable items, such as gourmet food in line with the gift theme. Stress quality over quantity.
  • Aim for a “value attribute,” such as made-in-the-U.S. items. Specific causes might be polarizing but “Made in USA” is universally favored as a top value attribute.
  • Spend between $50-$150. Spend for junior-level business partners in the $50-$65 range and for most clients and manager/director-level associates in the $75-$100 range. Spend up to $140-$160 for C-suite execs, VPs and most valued clients.
  • Always include a personally addressed note with the gift! 

Get more details from the Knack study on corporate gifting.

Is Your E-mail Optimized for Best 2019 Performance?

E-mail marketing is constantly evolving, and AccuList USA tries to keep our e-mail list and e-mail marketing services clients up-to-date on the latest tactics and best practices. A good overview of trends for 2019 was recently supplied in a Business2Community post by Rohit Munipally.

Targeted, Segmented and Automated Marketing

The value of e-mail targeting and list segmentation is so clear that it will be a given for smart marketers in 2019. Munipally cites HubSpot research showing that e-mails that are relevantly segmented and targeted account for 58% of all e-mail earnings and increase profits up to 18 times more. When combined with automation, e-mail content power is further enhanced. Munipally gives examples of how e-mail marketers can track behavior to boost response and conversion. For example, if a contact hasn’t opened an e-mail for an extended period, the contact can be dropped from deployments, while a contact who has visited a web page several times or opened multiple e-mails can receive relevant automated e-mails prompting action. In fact, global automated e-mail marketing alone is expected to account for $2.7 billion in spending by 2025, Munipally reports.

Text-Only, Interactive & Story Content

Watch for acceleration of the trend away from graphics-heavy e-mail designs in 2019. Research shows e-mail users prefer plain text over HTML-style e-mails because plain text e-mails resemble a personal message that would be sent by a family member or friend. So marketers now use plain-text e-mails to create a more personable, sincere and less sales-oriented brand. Also expect to see interactivity dominate over product display and sales pitches in e-mails next year. Response data favors interactive e-mails that encourage engagement through quizzes, surveys, games, contests, GIFs, and call-to-action messaging that lets recipients shop, edit an order, update a wish list, send a shipping confirmation, etc. Story-telling also has proved itself as another content-engagement tool. E-mails that begin with a story that grabs the reader and then leads into the value and services/products offering have been shown to be highly influential–if delivered to a relevant audience (again underscoring the value of targeting and segmentation).

Focus on Mobile, Personalization and AI

Mobile optimization of e-mail will be essential for success in 2019, with 53% of e-mails opened via mobile devices and 75% of gmail users viewing accounts on mobile devices. Meanwhile, consumers demand content that is relevant and personalized whether they view it on a computer or mobile device, which means using data to go beyond the first name in the second paragraph to delivery of information unique to the reader’s account or buyer persona. Plus, next year should see growing use of AI for everything from targeting, subject line choice, image selection, unsubscribe prevention and more. To illustrate the power of AI, Munipally reports that Adobe recently developed an AI technology with a series of sophisticated algorithms based on e-mail campaigns and audience behaviors, resulting in e-mail users opening nearly 80% of work and 60% of personal e-mails.

For the complete post, see https://www.business2community.com/email-marketing/7-email-marketing-trends-for-2019-02120824

 

Despite Doubters, 2018 Direct Mail Ups Response, ROI, Usage

AccuList USA’s direct mail marketing clients received lots of encouraging news in the 2018 “ANA-DMA Response Rate Report.”  Direct mail improved its usage ranking to tie with social media as the second most-used medium (57%), for example, and continued to deliver the best response rates of any medium. In fact, “snail mail” even improved on its response success by doubling median response rates over last year to 9% for house lists and 4.9% for prospect lists in 2018. Mail’s Return on Investment (ROI) also leaped by 12 percentage points to beat out online display this year.

While Marketers Forecast Mail Decline, Usage Tells a Different Story

The only negative in the report is that those surveyed continue to doubt the future of direct mail, with 19% saying they plan to decrease usage in the coming 12 months. But if the report participants follow their behavior after previous surveys, which similarly predicted mail declines, direct mail usage will remain buoyant, which allowed it to rise in 2018 despite planned cuts. One drag on direct mail continues to be its Cost Per Action/Acquisition, which is the highest CPA of any medium and puts budget pressure on mail volume, which did decline for both house and prospect lists compared with the 2017 study.

Direct Mail Usage Dominates Most Industry Segments

However, high response rates, competitive ROI, online tracking and print-tech advances are keeping marketers loyal to “traditional” mail in a digital world. In fact, direct mail usage for marketing campaigns equals or exceeds 50% for most of the 11 industry segments cited in the study. In usage, direct mail leaders were travel or hospitality (80%), nonprofits (75%), publishing or media (71%), and financial services/banks/credit (67%). Only Technology (44%), Retail (44%), and B2B Services (34%) came in below the 50% usage mark. 

B2B, B2C Split on Formats As Response Tracking Goes Digital

When it comes to direct mail creative format, postcards tend to produce the best overall response in combined B2B and B2C data, with a 13% median response rate for house files and 10% for prospecting files. Letter-size envelope formats turned in rates of 10% for house lists and 4% for prospecting, and oversize envelope mail garnered 11% for both house and prospect lists. Format results are different for B2B versus B2C, however. Looking only at B2B, limited data indicates the letter-size envelope format outperforms with a combined median response for house and prospect lists of 15%-40%, compared with postcards’ 14%-16%. For B2C, responses show oversize envelopes actually turning in the best 9%-12% median response for house and prospect lists combined, compared with postcards at 9% and letter envelopes at 4%. In tracking those response rates, marketers have definitely gone digital, with over half of surveyed marketers (53%) saying they use online tracking capabilities, such as PURLs, followed in popularity by the use of codes or coupons (45%) and call center or telephone inquiries (41%).

 

Industrial Marketers Bet More on 2018 Direct & Digital

AccuList USA has a long track record of helping warehouse, industrial and back-office product marketers via data brokerage, predictive analytics and multi-channel direct marketing, and we’ve learned some important lessons along the way.

Industrial & Tech Marketing Budgets Expand in 2018

The good news is that many industrial marketers were inspired to expand investment in 2018. According to the “2018 Budget Trends in Industrial & Technology Marketing” report published by engineering.com, industrial marketing budgets in 2018 are expected to hit “the highest levels of growth (45%) and the lowest reported levels of shrinking budgets (4%), of any of the last five years.” More than half (54%) of manufacturing marketers expect their budget to be larger in 2018.

Quality, Targeted Data Is Key to B2B Direct Marketing

But expanded multi-channel spending still needs to be smart spending. As data brokers, we can’t overemphasize that successful B2B direct marketing–including direct mail, print catalogs and e-mail campaigns–starts with quality, targeted data. Marketers can boost response by using predictive analytics and buyer profiles to target–and then opt for the rental lists of active product inquirers/buyers that our proprietary list research finds to be top performers in each vertical. Targeting the right message to decision-makers in the buying process is also key; with product and industry factors affecting whether to select a chief engineer, purchasing manager, warehouse manager, human resources chief, or C-suite executive in mailing lists.

A Digital Strategy Is Now Essential for Leads and Sales

While direct mail continues its response leadership, there’s no denying that most B2B buyers are digital shoppers today. Research by Acquity Group finds 94% of B2B buyers say they conduct some form of online research before purchasing a business product, for example. Forrester Research has found that 59% of B2B buyers prefer not to interact with a sales rep, and 74% find buying from a website more convenient. That makes digital catalog sites into essential sales tools, giving customers the option to browse product, pricing, and inventory information in real-time and then self-serve. Of course, online traffic-building requires a good search engine optimization (SEO) strategy given that 73% of global traffic to B2B companies comes from search engine results. But most successful B2B marketers also invest in paid digital efforts. In fact, a 2015 study by Content Marketing Institute, MarketingProfs, and Fathom found that manufacturers ranked search engine marketing highest among paid marketing options in terms of efficacy (52%) and promoted social media posts came in second (39%).  For social media ads, B2B marketers see video as a top response tactic, which is why manufacturers in the study ranked YouTube as the most effective social media site, followed by LinkedIn ads, which AccuList USA supports. Take a deeper dive into the core elements of digital industrial marketing with this post by gorilla76, a B2B consulting firm.