Public relations strategies are key to driving results for business-to-business (B2B) enterprises of all sizes across all industries. An effective, thoughtful and creative B2B PR strategy ensures seamless communication between your company and its spectrum of stakeholders, helps shape and maintain a positive brand image, builds thought leadership and industry authority and ultimately, helps your organization achieve its overall business goals.
Implementing effective B2B PR strategies and leveraging the latest tactics and tools can take your organization to the next level. To achieve your marketing goals, consult this comprehensive guide to developing the best B2B PR strategy.
What is a B2B PR Strategy?
An effective B2B public relations strategy promotes your organization, its products and services and its key messages to other businesses. It also aims to solidify your organization as an industry thought leader, generate positive press coverage in industry media and trade publications and ultimately bolster your business’ bottom line. B2B PR tactics help your organization maintain and grow brand image — and can include press releases, bylined articles and blog posts, media relations and monitoring, trade show booths, events, speaking engagements and reputation management efforts.
The Value of PR Strategy for B2B Companies
B2B PR is vital for organizations looking to create a positive image and strengthen relationships with current and potential customers, clients and partners. B2B PR builds trust and credibility, promotes transparency, provides timely market insights, increases brand visibility, shares company messaging and keeps decision-makers and stakeholders informed on environmental and business trends as well as newsworthy developments and milestones.
What is the Foundation of a Successful B2B PR Strategy?
Crafting a successful B2B public relations strategy in today’s business landscape requires detail-oriented research, a full understanding of your target audience, expert execution and ongoing analysis of your target market. Business leaders and decision-makers are information-savvy and research-oriented and operate on a wide variety of platforms — from blogs and trade publications to industry events and review websites. To create effective multi-pronged B2B PR strategies, consider these powerful components:
Buyer Personas
To successfully tell your story, you must first understand your role in the narrative. It’s important to note that B2B buyers’ purchasing decisions are more intricate than individual consumer purchases — and typically require larger budgets and leading technology. Creating buyer personas is a useful tactic that helps organizations understand their target market. What do they find engaging? What are their values? Where do they spend their time and consume media? What are their challenges? By answering all of these questions and humanizing an audience, your B2B PR campaign will truly resonate by appealing to needs, pain points and interests.
Tailored Messaging
Once you’ve developed detailed buyer personas, you can best tailor your messaging to create compelling content that engages, inspires and resonates with target audiences — differentiating your organization from competitors and building brand affinity. Every piece of messaging should consider your buyer personas and specifically address their challenges and wants — from blog posts and social media to web copy and videos. That is the secret sauce to generating winning content and PR campaigns that will have maximum impact on your target market.
Competitive Analysis
Who else is communicating with your target audience? Your competition. Don’t overlook the value of a thorough and ongoing competitive analysis. Who are your competitors? What are their strengths and weaknesses? How are they marketing themselves and communicating with shared B2B buyers? How are they represented in the industry? Key learnings and takeaways from this exercise will help your organization better differentiate itself and solidify your expertise and leadership in the industry.
Thought Leadership
Tapping into the people who make your organization so wonderful is key to executing the best B2B PR strategy. Your team is your most valuable asset in promoting thought leadership and communicating with B2B buyers. Consider your leadership team, salespeople and technical experts — they are well-versed in target market trends, pain points and company differentiators. Do not overlook your in-house subject-matter experts who can provide unique ideas for media pitches, interviews and compelling content such as white papers, blog posts and infographics. Pair their expertise with your PR team’s media relations abilities to generate effective content that can be leveraged across platforms.
Blog posts — for your organization as well as other industry publications — are a great way to amplify your industry authority and provide educational content for your target audience. In fact, a content marketing analysis of more than 500 B2B companies found that B2B blog posts that create educational content receive 52% more organic traffic than those that mainly publish content about their company.
Data and Statistics
The easiest way to make your own news and secure B2B media coverage is through data and statistics. Leverage internal data sources or collaborate with data study providers to conduct original research to produce data-driven news. Tracking ongoing data and establishing benchmarks is another great way to make statistical news that industry media and B2B buyers can come to expect, such as annual reports, polls and other studies.
Top 7 B2B PR Strategies You Should Know
There is no one-size-fits-all approach when it comes to a successful B2B PR strategy. The right tactics for your organization will depend on your unique goals, objectives, target audience, industry and more. To create the best B2B PR strategy for your organization, consider these seven powerful strategies:
Utilize Search Engine Optimization (SEO)
Producing engaging content that resonates with your target audience is one thing, it’s another battle to produce content that actually gets seen. That’s where SEO comes in — incorporating targeted keyword phrases into content to boost your search rankings. In other words, use strategic words that help your target audience find your content sooner. By optimizing PR materials for search engines, organizations can increase their search visibility, boost organic traffic and amplify their message.
Integrate Social Media
Social media is made up of short-term content, but it is a long-term strategy that can bolster your thought leadership, amplify your expertise and help you manage your organization’s reputation through social listening. The days when social media could be lightly dismissed as a fad have long since passed. And though the shapeshifting medium has taken many unanticipated turns, it remains a place where people gather — and encounter — brands. Not all brands are built for Instagram and the trends of the day, but there is a place for every brand in the social universe.When you consider that more than 46% of all social media traffic to company websites comes from LinkedIn and 80% of B2B leads come from LinkedIn, it’s undeniable that social media lives up to its promise of networking in the business sense as well as the social one. Social media should not only be part of your B2B PR strategy, it should also play a large and meaningful role in helping your organization achieve its full potential in your target market.
Create B2B Video Marketing Campaigns
Video is an easy-to-consume, visual and memorable format that engages target audiences — and media — like no other channel can. In fact, brands that include videos on a landing page experience an 80% increase in conversion rates.
There is a spectrum of video formats that support B2B companies’ PR goals — from thought leadership and long explanations about technical concepts to social media, testimonials and case studies. B2B buyers like to understand the people and purpose behind the brands they support.
Another perk of video? It can be repurposed and repackaged across platforms to extend its reach. Candid interviews with founders and leaders can shed light on a brand’s personality, values, mission and spirit. For complex topics, there’s nothing so powerful as a visual aid. If your sales team is frequently asked to explain how an innovative technology or product works, a long-form explainer is the perfect opportunity to offer that explanation when they’re not in the room.
Build a Partnership with Influencers and Journalists
Effective modern PR requires trusted reporter and influencer relationships, an eye for a story, a knack for amplification and a lot of persistence. Bring it all together and you have a dynamic strategy that stands up to the communications challenges of the moment. It’s all about creating a streamlined effort that champions story ideas reporters and influencers will find interesting and extends the life and usefulness of every story.Forming strong connections with journalists establishes a direct line of communication with media outlets and publications. Identifying and nurturing key media and influencer relationships as part of your B2B PR strategy is critical.
Prepare for Crisis Management
The entire world is not within your control — whether external or internal, there are forces beyond your influence that may create challenges for your organization. When crises arise, B2B companies need to have a plan of how to respond or they will be scrambling only to start from a deficit. Between 2014 and 2019, 74% of companies that faced a major crisis sought outside help either during or after the situation. During that same stretch, 69% of all corporate leaders experienced at least one crisis, though the overall average was three. In other words, it’s critical for B2B companies to have plans in place to combat foreseen and unforeseen issues in ways that target both internal and external audiences to minimize reputational damage and other business losses.
Prioritize Data Analytics and Reporting
To understand how well your B2B PR strategy is performing, you must properly measure and analyze it. For every strategy and tactic implemented, there must be a way to measure and evaluate its effectiveness. Data and reporting help take your PR strategy from an art form to a science. To evaluate the results of your campaigns, businesses should look for key metrics such as:
- Media mentions: The number of times your brand is mentioned in media outlets and publications.
- Website traffic: Google Analytics can monitor increases in traffic from PR tactics.
- Lead generation: The number of leads generated through PR-driven efforts, such as content downloads, phone calls or webinar sign-ups.
- Social media engagement: Metrics on social media platforms, including likes, shares, comments and follows.
- Customer surveys: Gauge customer perception and sentiment following PR campaigns.
- ROI analysis: Calculate the return on investment (ROI) by comparing the costs of PR tactics to the revenue generated.
Measuring B2B PR Success with Data Analysis and Reporting
From media mentions and website traffic to lead generation and social media success, there is no shortage of ways to measure B2B PR success. Equipped with these insights, businesses can make data-driven decisions to finetune future B2B PR strategies. To maximize efforts and reach your organization’s full potential, consider partnering with an expert PR agency that can accelerate your B2B strategy.To find the right PR agency for your organization’s unique needs, look for the same thing you want to improve — data and reporting. A PR agency’s case studies are the best way to understand its creative work, the caliber of clients it works with, and most importantly, the results it achieves.
Start Planning your B2B PR Strategy with CSG
Third-party endorsement from the media and important stakeholders and strategic industry opportunities play a critical role in developing brand awareness, promoting thought leadership and creating demand in the marketplace. In short, an effective B2B PR strategy is integral for organizations to achieve their full industry potential and achieve long-term success with B2B buyers.
Armed with years of experience across a spectrum of industries, Communications Strategy Group (CSG®) is a full-service B2B PR agency that helps organizations achieve their goals while instilling confidence and demonstrating excellence, opportunity and legitimacy.
Ready to take your B2B PR strategy to the next level? Contact us today to discover how our award-winning team of experts can purpose-build a plan tailored to your unique organization to solidify your thought leadership, amplify industry authority and safeguard brand reputation.
FAQs About B2B PR Strategy
What is one example of a successful PR campaign for a B2B brand?
Dropbox’s #LifeInsideDropbox employee engagement campaign is a great B2B PR strategy example. As part of an ongoing initiative to showcase company culture and attract new talent, Dropbox created the hashtag #LifeInsideDropbox, to tag both user-generated and company-owned content. From employee spotlights to news and initiatives, their engaging content showcases the people and personalities behind the brand through emotional stories, striking visuals, compelling creative and more.
What is the difference between B2B PR and B2C PR?
The difference between B2B and B2C PR comes down to audiences. B2B PR targets businesses and leaders within those businesses who can make decisions. The goal is to increase B2B companies’ public awareness to help them sell their products or services. B2B PR often focuses on building relationships with key decision-makers and promoting the company’s expertise.B2C PR, on the other hand, targets individual consumers who may be interested in a product or service. The goal of B2C PR is to create emotional connections with individual consumers and promote the brand’s image and products.
What is the B2B rule?
The 95:5 rule in B2B marketing recommends that 95% of your efforts should focus on educating, providing value and building relationships — and just 5% should be dedicated to direct promotion.
What are the benefits of B2B PR?
The best B2B PR strategy for your organization will showcase expertise in your target market, gain trust with a spectrum of stakeholders, build reputation, establish lasting relationships, earn industry exposure — and differentiate itself from competitors.