Quantitative and qualitative wins in B2B marketing

Karl Van Buren, Co-Founder and CEO at Audyence, delves into effective marketing automation and maximizing success in B2B marketing. In B2B marketing, achieving efficiency, saving time, saving money, and improving performance are top priorities. While quantitative data provides valuable insights into trends, quantitative data is equally important to ensure we're addressing customer pain points effectively. Today, Karl discusses qualitative and quantitative wins in B2B marketing.
About the speaker

Karl Van Buren

Audyence

 - Audyence

Karl is Co-Founder and CEO at Audyence

Show Notes

  • 02:33
    Defining qualitative and quantitative data
    Quantitative data is numerical and data-driven, while qualitative data is anecdotal. In marketing, we have both types of data, and deciding how to combine them is both an art and a science.
  • 03:14
    Combining quantitative and qualitative data
    Quantitative data is more scalable and shows general trends, but doesnt provide the underlying reasons. On the other hand, qualitative data from customer interactions like interviews or focus groups, provides richer insights into the causes behind the trends observed in quantitative data.
  • 06:32
    Using qualitative and quantitative data for marketing insights
    Relying solely on quantitative data without customer insights can be misleading. Audyence learned the importance of combining quantitative survey data with qualitative insights from customer conversations to better understand customer problems and iterate their platform effectively.
  • 08:15
    Leveraging qualitative data for demand generation campaigns
    Customer pain points and priorities help shape messaging and content in demand-gen campaigns. While quantitative data reveals general trends in target audience reactions, qualitative insights reveal why specific segments should or shouldn't be targeted.
  • 09:54
    Aligning sales, marketing, and product to leverage customer insights effectively
    Marketing, sales, and product teams must be aligned around the customer feedback required to improve these organizations. A collaborative approach to collecting and analyzing customer feedback, involving all three departments in the interview or focus group process, is key.
  • 11:47
    Aligning customer feedback gathering across departments
    Establishing centers of excellence, where representatives from each department work on collaborative projects, is an effective way to achieve alignment and success across sales, marketing, and product organizations.
  • 14:00
    Driving efficiency with quantitative and qualitative data
    Marketers should prioritize efficiency, focusing on saving time, money, or improving performance. It's crucial to have both quantitative and qualitative data to understand the 'why' behind trends and make informed decisions.

Quotes

  • "It's important to balance quantitative and qualitative data, and just use the quantitative data as a general trend. But, go to the next step and understand the why behind the what." - Karl Van Buren

  • "We need to have marketers, product, and salespeople all aligned on the appropriate questions and information that they want to glean from their customers." - Karl Van Buren

  • "As marketers, constantly be focused on efficiency, saving time, saving money, or improving performance. A major piece of that is having the right set of quantitative and qualitative data." - Karl Van Buren

About the speaker

Karl Van Buren

Audyence

 - Audyence

Karl is Co-Founder and CEO at Audyence

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