Top 5 B2B Influencer Marketing Myths

The term “influencer marketing” is often associated with lifestyle influencers promoting products such as makeup and shoes to consumers. Should such influencers also promote cybersecurity platforms, employee training services, or corporate lease accounting software?

Yeah, probably not. To be fair, the B2B tech brand, the influencer, and their followers would all be displeased with such promotions!

The proper match between influencer and brand is vital. But is the concept of influencer marketing a fit for B2B brands?

B2B influencer marketing is growing, consistent with the common pattern of marketing practices becoming widespread in B2C before expanding to B2B. Despite this growth, many misconceptions around B2B influencer marketing still persist. We’re highlighting the most common myths and debunking them with the facts, so you can consider adding this impactful, effective marketing tactic to your mix.

B2B Influencer Marketing Myths

Myth #1: Influencer Marketing Drives Emotional, Impulse Buys & is Therefore Irrelevant to B2B

B2B buyers are making decisions that impact the future of their careers. While consumers might seek approval and validation from friends, B2B decision-makers desire the approval and validation of their professional peers. 

Thomas Ordahl, chief strategy officer, of Landor Associates, states, “B2B buyers are making decisions every day that can change their careers. That’s inherently emotional – more than we even like to admit.” 71% of buyers who see a personal value in a B2B purchase, will end up buying the product/service.

While B2B purchases are often less impulsive than B2C, it’s still important for sellers to tap into buyers’ emotions while building trust. Interpersonal connections are particularly vital. “92% of B2B decision-makers trust a person more than a brand even if they don’t know the person.”

Myth #2: B2B Decision Makers Don’t Pay Attention to Influencers

This myth persists because of a common association with the term “influencer” with people like Kim Kardashian. Sure, people aren’t consulting beauty influencers when selecting a cloud computing provider. But B2B decision makers do consult a variety of subject matter experts.

According to Forrester, B2B buyers go everywhere for information. “They talked to peers, industry experts, and various provider representatives to get their specific questions answered. They also did a lot of self-directed research checking all sorts of sources, from social media to syndicated content to category- or industry-specific resources.”

As Nielson stated further in its report, “expert content has a greater impact than brand content in the stages like brand familiarity and affinity.” Gartner reports that B2B buying groups spend 27% of their time conducting independent online research. B2B buyers are increasingly relying on guidance from peers throughout decision-making processes that are growing longer. The Demand Gen 2022 B2B Buyer Behavior Survey asked respondents about changes to their buyers’ journeys. The added processes include spending more time using social media to research vendors and solutions (31%) and relying more on peer recommendations/review websites (29%).

B2B Influencer Marketing Myths. Distribution of buing groups`time by key building activities

Myth #3: There Are Too Few B2B Influencers Available for My Brand to Do Influencer Marketing

You don’t need many influencers; you just need the right one(s).

B2B influencer marketing is more feasible than many perceive it to be. When you partner with the right voices in a well-structured campaign, individual people can make a difference and change the narrative to your brand’s advantage.

There are likely multiple thought leaders in your industry who create helpful content your target audience relies upon… but they simply aren’t partnering with brands. That doesn’t mean they couldn’t team up with your brand. You simply need to approach them and negotiate terms, including having a well-structured process and agreement. That’s where relying on the expertise and the enriching B2B creators network of an agency like Kingfluencers can set you up for success. 

A well-structured campaign includes reinforcing your brand’s key messages across multiple channels, including your owned properties. You can use multiple voices to discuss the challenges your audience faces, so you address multiple factors that impact their decision. Most importantly, you already have B2B influencers… your employees! Which brings us to our next 2 myths.

Myth #4: We’re Working to Build Our Brand’s Digital Influence. There’s No Place for Individual People to Share Our Messages

People want to see authenticity and real people – even B2B buyers. A people-centric approach can make a big difference, particularly as your brand stands out among the overload of bots and obviously automated, impersonal social selling. In particular, the consistent engagement of senior leadership on social media can have numerous benefits for your brand.

B2B Influencer Marketing Myths. Employees would prefer to work for a CEO who uses social media

Individual employees working as ambassadors don’t detract from your efforts to build your brand’s digital influence. As employees, their contributions positively enhance your brand’s digital influence, working synergistically. By engaging on social media, employees can provide a behind-the-scenes glimpse, authentically revealing how engaged and happy employees are. In turn, this demonstrates how motivated staff is to develop quality products, provide good service, and remain with the company to deliver consistency.

Myth #5: Employees Must Be Trained! We Can’t Use Our Staff for Influencer Marketing

If an employee is going to be interviewed by the press or speak at a conference, we definitely recommend they are press trained! But many employees can be recruited to help amplify your messages and build digital influence. Employees in various departments can be among your various ambassadors, each adding a specific angle and unique value. Additionally, you can opt to provide comprehensive training to selected staff in order to help them become brand power voices.

Kingfluencers Helps You Build B2B Digital Influence

Reach out to Kingfluencers and let’s discuss how we can help you:

  • Select influencers to reach and engage your target audience
  • Negotiate terms and execute well-structured agreements
  • Build personal branding campaigns for selected executives and employees
  • Measure KPIs and build on the success

Author: Megan Bozman, Owner @Boz Content Marketing

How Influencer Marketing Supports the B2B Buyer’s Journey (Part 3)

The buyer’s journey is often classified into 3 stages: awareness, consideration, and decision. These can be visualized as a funnel or flow chart, progressing from one stage to the next. However, according to Gartner’s B2B Buying Journey, “Buying jobs don’t happen sequentially but more or less simultaneously. And if we were to map out a real B2B buying journey, it would look a lot less like a step-by-step linear process and a lot more like a big bowl of spaghetti.”

HubSpot describes a “flywheel” cycle in which customers become advocates and promoters who feed growth as they move through the phases of attract, engage, and delight.No matter how you visualize it, navigating this spaghetti wheel is challenging for buyers. B2B influencer marketing adds value, supporting buyers throughout this complex process.

Working with Influencers Solves B2B Sales & Marketing Challenges

Influencer marketing is often viewed as a way to get in front of an audience, similar to traditional television advertising. In reality, IM can deliver a much broader scope of benefits for all types of brands. (We’ll cover this and other myths in our upcoming article, “Top 5 B2B Influencer Marketing Myths BUSTED.”) For B2B brands in particular, IM can solve many pressing, current challenges.

Mann mit blauem Anzug

Gartner identified six B2B buying “jobs” that customers must complete in order to finalize a complex purchase. Buyers, “use both digital and in-person channels with near equal frequency to complete each of the six B2B buying jobs more or less simultaneously.” “Every one of these moments is a potential driver of looping, revisiting or re-evaluation. As a result, customers are trapped repeating each job over and over until all six are locked in simultaneously.”

  • Problem identification
  • Solution exploration
  • Requirements building
  • Supplier selection
  • Validation
  • Consensus creation

In Winning The New B2B Buyer, Forrester writes, “Your job is no longer to convince customers to buy, but rather, to help them buy.” 

To help buyers throughout their journeys, B2B brands must deliver:

  1. Frictionless experiences with immediacy
  2. Open access to information
  3. The support of information connectors
  4. Peer validation
  5. Technical and industry knowledge

1. Frictionless Experience with Immediacy

Assisting buyers includes making the entire journey as frictionless as possible. Particularly once your prospects have begun evaluating vendors and are aware of your brand, they should be able to access the information needed both quickly and easily. 

Some ways you reduce friction and provide immediacy are with helpful chatbots, virtual assistants, and third-party marketplaces. Influencers can also serve to provide this vital assistance, even directly enabling transactions.

2. Open Access to Information

Forbes Business Council writes about the impacts of buyers conducting more independent research online. “This transition [between marketing and sales] has become fuzzier as more buyers are reliant on self-serve, online research. This often results in pressure placed on a company’s online presence to do the heavy lifting for both the marketing and sales teams.”

With this added pressure on your online presence, partnering with influencers provides additional ways to educate your audience on the value of your solution.

  • 70-90% of the B2B buyers’ journey is complete before engaging a vendor
  • Consumers engage with an average of 11.4 pieces of content prior to making a purchase

In Winning The New B2B Buyer, Forrester writes that B2B buyers “expect to be treated as equal partners, through experiences that are increasingly open, connected, intuitive, and immediate.” Empowering buyers with open access to information displays a respect for their preference for a self-guided experience… and a recognition of their ability to understand that info.Working with influencers to share information further demonstrates how your brand is open and transparent. Influencers who are well-informed about your solution can connect with your target audience, helping facilitate and develop connections to your brand.

Apple Macbook am Arbeitsplatz

3. The Support of Information Connectors

“Helping B2B buyers buy isn’t a sales problem, it’s an information problem,” as Gartner states.

It might appear that the solution to such a problem might simply be… more information! Not so fast.

Simply dumping yet even more information on buyers isn’t the solution. Rather, Gartner research shows that successful sales reps focus on “helping customers sort through information already available — acting as a kind of ‘information connector’ to provide the frameworks and tools customers desperately need to efficiently organize and align their thinking.”

To succeed, brands must drive purchase ease, which requires curating information.As subject matter experts, influencers can bring this crucial support to your buyers by curating information and providing their unique perspectives on your industry. In the, “B2B Buying Journey,” AIMultiple writes, “Customers desire adjustments that address the complexity of B2B buying, like obtaining a personalized account with modified catalogs and exclusive pricing along with consideration to product availability.”

4. Peer Validation

The reviews and insights of peers are vital components of the buying process, B2B included. “To demonstrate their empathy with and commitment to customers, organizations will need to ‘enable’ buyers, just as they currently enable their sellers, with new perspectives and tools, such as facilitating more peer-to-peer conversations.” 

Active online communities exist for every type of enthusiast – including buyers making purchase decisions. People can connect with peers to compare notes and gain insights. Forrester notes, “As the B2B buying ecosystem expands, third parties, not vendors, are becoming the buyer’s preferred sources of information.” The role of millennials in B2B buying continues to expand, and they also prefer peer insights and validation over vendor claims.

5. Technical and Industry Knowledge

Marketers of all kinds are accustomed to the challenge of capturing our audience’s attention. B2B brands are faced with additional complexities, including shortcomings in the capacity of sales staff. 

In, “Future of B2B sales: The big reframe,” McKinsey notes, “Talent needs to be reassessed as businesses face both the attrition brought on by the pandemic and hyper-informed customers expecting more.”While your employees should be the best subject matter experts on your product’s specifications, leveraging thought leaders outside of your company can help fill industry knowledge gaps. In particular, influencers can show how your solution fits in your customers’ organization within a broader solution scope.

Build Digital Influence to Support Your Buyers’ Journeys with Kingfluencers’ Full-Service Approach

To learn more B2B IM, check out our 2-part series, “4 Reasons Why You Should Do B2B Influencer Marketing (Part 1)” and “How.” Contact us if you’d like to explore how we can help you build your brand voice with B2B Influencer Marketing and beyond. Kingfluencers pulls it all together in a way that’s impactful for your brand.

Author: Megan Bozman, Owner @Boz Content Marketing

Telecommunications B2B Case Study

To navigate the Telecommunications B2B Case Study, simply click on the arrows in the document and enjoy!


Swiss Telecommunications Company Success Story – EN

Check out more of Kingfluencers case studies and build your own success story with us.

Kingfluencers presents an engaging series of “Case Study” articles, exploring successful collaborations with diverse brands from different sectors and industries. Consumer Goods, Beauty, Finance, Tech, Gaming, Retail, Fashion, Insurance or NGOs, we’ve got it covered. Explore these articles to discover how Kingfluencers helps companies achieve impressive outcomes in the realms of influence – from influencer marketing on Instagram, TikTok, Facebook, LinkedIn or beyond.

The success stories with Mondelez for Oreo Batman, V6 or Philadelphia, as well as Nestlé for Cini Minis Churros, Paramount Pictures’ Babylon case study, Garden Gourmet, or hohes C Super Shots unveil the secrets of creating viral content and attracting new customers and follower growth while generating buzz for new product launches.

Our cases with L’Oréal on Instagram and TikTok demonstrate how Kingfluencers blends creative strategies with influence to promote a brand – from yearly campaigns to get-ready events.

Ever heard of our Influencer TV Spot and ready to make use an omni-channel marketing approach thanks to a brand new advertising format? Check out our yearly campaign highlights of our success story with Ochsner, that also includes our premieres of the Influencer TV Spot on SRF 2 with Alison Liaudat & Whiteny Toyloy and SRF 1 with Christa Rigozzi.

If you would like to learn more about specific sectors your brand is present in, make sure to check our our sector-specific case studies – covering:

Your brand is not only home in Switzerland but present in DACH? We’ve got you covered. Dive into one of our first cases for Germany with Neoperl and Miele Deutschland.

We’ve got even more news. Influencer marketing only works for B2C brands? Not for us. We assure you that B2B brands can benefit from influencer marketing and brand ambassador programs even more, see for yourself in our first B2B case with a Swiss Telecommunications brand.

Together, these case studies provide a comprehensive view of Kingfluencer’s ability to achieve successful results in various industries and sectors.

How to successfully implement B2B influencer marketing (part 2)

In Part 1, we examined the reasons digital influence is a powerful tool for B2B brands, including the measurable impact of B2B influencer marketing, how it addresses difficult business challenges, and integrates with your existing marketing initiatives. B2B audiences are highly engaged and working with influencers can bring your brand’s core messages to life and create stronger connections with your communities.

The reasons why B2B brands should do influencer marketing are clear – but how to do it successfully requires knowledge and skill. We’ll dive into the key components of successful B2B influencer marketing campaigns to give your brand a personality and voice and generate digital influence to positively impact your business. Just as influencer marketing continues to grow and rise, so will B2B influencer marketing experience its growth. Globally, spending in the influencer advertising segment is estimated at around €24.59 billion in 2022. Experts suggest B2B influencer marketing could account for 40-50% of the influencer marketing sector revenue over the next 3 years.

The Potential Power of Your Digital Influence

Establishing digital influence means communicating information, ideas, and viewpoints to target audiences with the potential to impact their views and preferences. Digital influence can benefit not only your brand but ultimately your audience – by helping them in their information searches and decision-making.

The Demand Gen 2022 B2B Buyer Behavior Survey describes how, “Buyers are taking the responsibility into their own hands by conducting independent, anonymous research, reaching out to peers for advice, and keeping an eye on social media.” Gartner reports that B2B buying groups spend 27% of their time conducting independent online research.

Developing your true potential digital influence requires building on every element that defines the true impact of your brand and message.

  • Discover your brand’s voice
  • Establish trust and a closer connection with customers and prospects
  • Create a cornerstone for your organizational and commercial success

So now we’ll dive into the “how” part.

The Building Blocks of B2B Influencer Marketing

Progressively build your brand’s digital influence with a well-structured process from preparation, through execution and optimization, starting with the following building blocks:

  • Purpose & Values
    Define your brand’s purpose, the foundation for your brand’s voice and influence
  • Clear Goals
    A key component of successful influencer marketing campaigns is to first of all set clear objectives and overarching goals
  • Credible Advocates
    Identify your internal and external brand advocates and storytellers who can effectively communicate and credibly amplify your messages and boost your credibility
  • Storylines
    Build purpose-centric storylines that allow your audiences to gain insight into your brand, become informed, and feel part of your brand’s journey
  • Message
    Craft the different messages you want to convey to your target audiences 
  • Digital Presence
    Map the right channels and formats to reach your audiences and establish digital influence
  • Verify
    Conduct due diligence to verify that potential ambassadors reach the right audience
  • Consistency & Continuity
    Establish continuous learning and improvement, generating ever more benefits and growing positive outcomes for your brand
  • Analyze & Optimize
    Measure outcomes and track KPIs

Support Complex Purchase Decisions with Knowledgeable, Credible Advocates

Let knowledgeable people speak for your brand in an authentic and credible way, boosting awareness and visibility and generating tangible returns.

B2B buyers are increasingly relying on guidance from peers throughout decision-making processes that are growing longer. The Demand Gen 2022 B2B Buyer Behavior Survey respondents indicated that the newly added processes to their buyers’ journeys include:

  • Using more sources to research and evaluate purchases (32%)
  • Spending more time using social media to research vendors and solutions (31%)
  • Relying more on peer recommendations/review websites (29%)

Partnering with B2B influencers who can provide guidance to your prospects can alleviate some of the burdens of the purchase process. 

Having the right partner is even more crucial when credibility is the key to success. Kingfluencers’ well-structured process delivers B2B Influencer Marketing in a synchronized way. 

  • Strong In-house B2B Community
    With our extensive creators’ network, we can help you find and onboard your right influencers
  • Exclusive Collaboration with Kcore Analytics
    We use AI and social network structures to identify influencers from massive real-time online data
  • Quality and Performance-Driven Outcomes
    We assure great outcomes with rock-solid procedures and a proprietary campaign management platform with innovative AI forecasting
  • Distinct Storytelling & Narrative Tracks
    Working with various advocates, we can build multiple storylines and establish different storytelling tracks
  • Use of Direct & Indirect Channels
    Our B2B services leverage both direct (corporate channels) and indirect (via employees and others) networks on social media channels like LinkedIn and Twitter.

Selecting Ideal Brand Ambassadors

B2B influencers deliver authority, focus, and purpose. Multiplying these key attributes delivers real impact for your business. B2B Influencer Marketing campaigns must combine ambassador categories, with platforms and formats.

Making perfect influencer matches is vital. Influencer choice must align with your brand’s message and values, as well as your campaign objectives. Consider working with numerous brand ambassadors from the following categories:

Internal

  • Brand leaders (C-level)
  • Internal voices (your employees)
  • Partners (suppliers and tech partners)
  • Clients/ customers

With comprehensive training, you can turn your potential advocates and ambassadors into brand power voices.

External

  • Credible category professionals
  • Topic specialists
  • Thought leaders with affinity
  • Content creators with specific focus

It’s also crucial to work with credible influencers who are respected experts in their field. There must be a clear link between your brand and the person in order to keep your influencer marketing campaigns real. Trust and authenticity cannot be compromised upon. People connect with people and trust stories, not logos.

Target those with deep industry knowledge, individuals who can influence corporate buyers and tap into business-to-business conversations. Be sure to conduct due diligence, and consider which influencers are the right match with your platforms of choice.

B2B Influencer Marketing Success Cases

Financial service provider American Express hired a design industry blogger and a lifestyle presenter to promote acceptance of Amex credit cards to small businesses. Global technology company the Voith Group provides equipment for hydroelectric power plants. The company traveled with several energy experts to power plants in Europe and documented the tour to share on four different social networks. Würth featured carpentry on YouTube with Manni Dirsch. The tone appealed to the craftsmen and women who work with the tools and materials from Künzelsau.

Turn Presence into Digital Influence with Kingfluencers’ Full-Service Approach

Building digital influence is achieved by developing a credible narrative and activating powerful brand advocates and supporters who help amplify your message and give it additional impact. Kingfluencers delivers a hassle-free approach, with a standard process to generate the best outcomes for your brand. Our team provides you with a full service including every aspect of social media.

Author: Megan Bozman, Owner @Boz Content Marketing

4 Reasons Why You Should Do B2B Influencer Marketing (Part 1)

While there are distinctions between the B2B and B2C decision-making processes, digital influence remains a powerful tool for both. Influencers can bring your brand’s values and core messages to life and create stronger connections with your audience, moving your brand from supplier to ‘friend.’ 

B2B Versus B2C Influencer Marketing

B2B Versus B2C Influencer Marketing

Although the core principles of influencer marketing are almost the same for B2C and B2B, there are some differences that warrant a distinct B2B approach.

  • B2B sales processes are often more complex and require more information on both sides
  • The sales funnel consists of multiple, distinguished stages
  • Numerous people are typically involved in the decision-making process
  • Building a trusting relationship with the vendor’s representative is much more important

1. B2B Influencer Marketing is Impactful for Business and Will Move the Needle

B2B influencers deliver credibility, focus, and purpose. Multiplying these key attributes delivers real impact for your business, making it an important addition to your toolkit.

  • Credibility: B2B content creators and thought leaders have recognized expertise in their field. Their opinions are highly valued by their peers.
  • Relevance: When a professional decides to follow a B2B influencer, there is usually a very high interest in that influencer’s content and opinions, so followers are attentive (often higher than B2C).
  • Focus: Their content is often very focused on a specific topic, with the aim of providing guidance to fellow professionals.
  • Reach: B2B influencers can connect with your target audience, particularly at crucial times when they’re actively seeking info about the solutions you offer.

Understanding the important role of content creators, the Amazon Web Services Heroes Program “recognizes a vibrant, worldwide group of AWS experts whose enthusiasm for knowledge-sharing has a real impact within the community.” As the Marketing Director at a serverless security startup, Kingfluencers’ writer Megan Bozman reached out to several Heroes, including Yan Cui and Forrest Brazeal, who participated in our podcast.

Named a LinkedIn Top Voice in 2020 and 2022, Zurich-based Selma Kuyas also works as a resume coach and LinkedIn learning instructor. Also based in Zurich, Bertrand Blancheton, currently works as Head of Marketing at Braavos Crypto Asset Management, and writes about the metaverse, Web 3.0, crypto, decentralized finance (DeFi), and NFTs, including participating in LinkedIn Audio.

B2B brand ambassadors bring a lot to the table, including a unique point of view that can resonate strongly with your target audience. Original thought leadership makes your brand more visible and more desirable, positively impacting your target customers’ decision-making process.

94% of B2B marketers who’ve tried influencer marketing feel it’s highly effective. Swiss B2B marketers indicate that B2B IM is higher on the agenda for 2023 than webinars (55%).

2. B2B Influencer Marketing Audiences are Highly Engaged

Kingfluencers LinkedIn Profil

Marketers need to not only reach their target audience but engage so their messages are received and understood. 

Professionals decide to follow a B2B influencer due to an interest in that person’s opinions, making followers very attentive. This increases the impact of B2B IM content, making it particularly effective. This is especially the case when the thought leader’s content is sought after as part of the research phase in a decision-making process. You can overcome even more difficulties by working with an agency. 9 out of 10 B2B companies prefer to let an agency manage their B2B IM efforts with a main focus being on content creation (55%).

3. B2B Influencer Marketing Integrates Very Well With Your Existing Marketing Initiatives

62% of Swiss B2B marketers say IM is high on the agenda for coming years, higher than webinars for example. 57% of marketers plan to fully integrate influencer relations into their activities by 2023.

B2B influencers are also relatively more likely to have in-person contact with their communities by speaking at conferences, trade shows, and local business and networking events. Their authentic professional credibility can help provide answers to your audience’s pain points and boost consideration and conversion.

B2B IM can even result in synergies, boosting other marketing initiatives such as SEO. You can repurpose content you’ve already created with various storytellers to amplify outcomes. For example, the content generated by influencers from IM campaigns can provide additional value with secondary or tertiary goals, such as increasing awareness. 

IM content can enrich traditional content across various channels, such as owned communities or other advertising platforms such as webinars. Repurposing existing content enables you to achieve your goals while also saving money. 74% of B2B marketers agree that influencer marketing improves customer and prospect experience with the brand. Kingfluencers can help you tie it all together with a holistic approach.

4. B2B Influencer Marketing Can Generate Competitive Advantages

B2B IM may be on your agenda as a hypothetical future possibility, but now is a great time to start. As the leading full-service social influence agency in Switzerland, Kingfluencers has established the tools, processes, and resources to do B2B IM efficiently.

Partnering with influencers is a marketing tactic many of your competitors may not be leveraging yet. Getting started now can generate unique competitive advantages for early movers. Most B2B organizations (85% of respondents to a study with TopRank Marketing) are planning influencer marketing campaigns. Additionally, the professionals, platforms, tools, and processes for IM are already well-established, lowering barriers to entry for B2B brands. B2B brands should capitalize on this opportunity and take a page from the well-established B2C playbooks in order to achieve similar successes.

Kingfluencers Delivers a Hassle-Free, Full-Service Approach

Our services guide B2B IM in a synchronized way, from strategy to ongoing community management. We help you develop your true potential social influence, building on every element that defines the true impact of your brand and message. Contact us and we’ll take a holistic approach to develop your brand voice and give that voice a positive impact, generating digital influence that goes beyond (B2B) influencer marketing.

Author: Megan Bozman, Owner @Boz Content Marketing