You’re probably just winging your #EdTech Middle-of-Funnel. Everyone is.
Rod Vronscki
I Scale EdTech Pipelines | Follow for Strategic EdTech Mktg | Founder @SaaSsy | Let's get your BDRs qualifying Higher Ed, K-12 & B2B
This week I write about how B2B EdTechs can neglect how extensive Middle-of-Funnel is, and what to do to move more prospects further down.
>> Article was originally published on the AmplifyED newsletter
“The wrong is wrong even if everyone does it.” - Saint Augustine
We, personally, don’t buy from people or companies that haven’t been referred to us - or we even have heard of.
Educational institutions, composed of people, won’t buy too.
Why? Let’s see.
Human beings act, primarily, by emotions. But when stakes start to rise, we add a few other elements to the mix: biases, consequences, and trust.
And Trust is the main driver for any high-stakes decision people make.
Do you see visitors interacting with your website a few times, but not moving toward MQL? Then probably you didn’t build enough trust with them.
Trust, as put by Stephen M. R. Covey in his book (The Speed of Trust - The One Thing that Changes Everything?[Amazon us, uk]), has Four Cores:
1. INTENT
Intent is your motives and your plans.
Motives: Are you coming from a place of genuine caring and wanting to help your audience?
Agenda: Is it a win-win relationship you plan to nurture? What can you do before the exchange of money?
Behavior: Do you have your audience's best interest in your heart?
2. INTEGRITY
Integrity encapsulates Congruence: Is there a gap between your intent and your actions?
3. CAPABILITIES
Capabilities can be broken down into:
Talent: What are your unique strengths?
Attitudes: What is your approach towards work/business?
Skills: What are your current skills and what are skills you need to develop?
Knowledge: What knowledge specific to your area and adjacent areas do you have? Do you demonstrate it? What’s still to learn?
Style: How do you approach problems? Is it effective? How to improve?
4. RESULTS
Past / Present / Future: Do you demonstrate results?
Communication: How do you communicate results? Do you show activities or outcomes?
Your MoF needs to tap into the four cores of Trust: Intent, Integrity, Capabilities, and Results
You might spend an immense amount of time and effort creating awareness, but awareness is not enough to remember your brand as a contender. You need to create steps for people to continue interacting with your brand.
To tap into the 4 cores, you need digital assets.
And the main asset that can demonstrate how you help organizations is CASE STUDIES.
Want to see how poor case studies are moving prospects AWAY FROM THE CLOSE?
领英推荐
Most companies will relate to this:
Countless times I had sales developers having to offer me a case study during a call because I wasn’t still sure the software would really help me.
I wanted to see if I had peers using their software. And “peers” is a very flexible concept. Region, company size, focus can make a case study completely inadequate for a segment of your audience - even the core industry being the same as in your case study.
Your prospects will likely relate to this:
GTMnow wrote a nice article about causes of pipeline stagnation, especially middle-of-funnel. They say:
The middle of the funnel is a prolonged stage by nature, with multiple substages within it. For example, some users might need more education to convince them to move forward, while others who are knowledgeable might require detailed technical content regarding your service or product.
GTMnow also mentions “Lack of Experimentation” as a contribution for MoF stagnation, which agrees with the results of a large survey emphasizing what High Revenue Growth leaders do that others don’t. I talked about this survey in my last post.
There’s also a third group that needs to be addressed.
Your team might relate to this:
Everyone of the 10 bullet points above, if not addressed, will get your prospects away from the close.
But how to address them?
Enters…
The Thought-Leadership Trust Framework
Simple, as a framework, it requires dedication, but is effective in building trust.
If everyone is just winging it with their case studies. Do better. You want your brand to be associated with thoroughness and excellence.
I developed this framework after studying how to gain and regain trust, and comparing to how big players in #EdTech and corporations write their case studies.
Here’s the 10-step framework to earn trust with case studies:
For clarity, I’ll break it down:
1. Define your ICP and stakeholder personas
If you have clients referring new leads to you, then you probably have reached Product Market Fit.