Every B2B marketer in the world dreams of a state where every single touchpoint with a prospect or customer of your business is personalized.
But, what does it actually mean to be personalized?
My take on being personalized: content is relevant to the viewer. With that you, as the marketer, strives to provide value to that viewer about your business.
Value could take the form of education, a different perspective, or simply a spark of joy/emotion. You can measure the value you have delivered by means of engagement and action, such as a click and scroll.
In this post, let’s talk about the common phases or approaches that B2B companies are taking on the topic of web personalization.
B2B Web Personalization
If you have read my previous blog post, What is B2B Web Personalization, you may know that B2B web personalization centers on 3 elements:
- Identification – the attributes to be used to identify that person
- Content – the content that may be relevant to the person, including location of that content being shown
- Algorithm – the logic behind the relationship between identification and content for the personalization
If you want to get an overview of B2B web personalization, read that blog post!
B2B Web Personalization Maturity
If that is B2B web personalization at a high-level, I would describe the B2B web personalization maturity journey as occurring in three phases.
1. Rules-Based Personalization with Reverse-IP Look-up
These platforms act as a service layer between the three elements.
The logic between the identification and content is rule-based and it’s often a 1-to-1 relationship.
For example, if site visitor is from the financial industry, show this image.
This type of personalization is table stakes at most mature marketing organizations, particular in B2B SaaS.
A/B testing (or experimental culture more generally) is something that every organization is driving for, especially where top-of-funnel volume and/or customer LTVs are high.
2. Dynamic or AI-Based Personalization
The core difference between the first and second phase is the personalization algorithm.
Instead of a if-this-then-that static rule, in the second phase there is a dynamic or AI-based algorithm (i.e, the personalization algorithm) that determines the content to optimize conversion based on the identification attributes.
With that, we see an increase in the number of inputs required in this second phase:
- Available identification attributes
- [Individual] Behavioral – the activities that browser has done on your business web properties (e.g, page-view, IP-location)
- [Account] Firmographic – the account information of that IP address (e.g, company industry, company revenue band)
- Available content
Both of these inputs are essential to determine which content is the best based on a single or multiple of identification attributes.
Having said that, the collection or aggregation of these two inputs could still be a rather manual effort into the personalization platform.
3. Full Scale Personalization – Customer 360 view
The last phase is built on top of phase 2, further leveraging the AI-based personalization algorithm with data.
The core differentiator in phase 3 is that the number and accuracy of inputs have exponentially increased, because of additional 1st party data (e.g, form fill provided by customers).
The available identification attributes now becomes:
- [Individual] Behavioral – the activities that the browser has done on your business web properties plus activities within your products or free trial environments
- NEW [Individual] Demographic – the static attributes of that individual once known (e.g, name, title)
- [Account] Firmographic – the account information of that IP address plus what the individual provided.
With the massive amount of data becomes available, the business requires additional technology to organize the data.
Using the technology to blend and group the data attributes will be able to form identification segments.
If I use Amazon as an example: You (e.g., a 50 year old female in NYC) browsed product X, you are likely to put into a segment of “Interested in X”. And you can be in multiple segments at any given time.
On the other hand, the content algorithm organizes the available content and how they relate to other content.
Continuing the Amazon example, you will be shown product X in location B because you are in the segment of “Interested X”.
With the content algorithm, you might have a % of chances that you will be interested in product W and Y, in a similar lookalike audience.
To tie it all together, the personalization algorithm may also show product W and Y in location A and C.
Web personalization is a journey on which most B2B SaaS companies are currently embarked.
Although companies may be at a different points of the journey, the challenges and milestones are very similar depending on the volume of web traffic and relationships between website/product and go-to-market motions.
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