Some 63% of B2Bs have ranked whitepapers to be more effective than videos, e-newsletters, blogs, infographics, etc., according to the 2016 B2B Content Marketing report by Content Marketing Institute and MarketingProfs.
But are whitepapers really that effective?
An example of a successful whitepaper campaign comes from Fact-Finder. In 2013, the company launched a whitepaper campaign, aggressively publishing whitepapers to achieve maximum returns. What Fact-Finder received in return was an influx of leads that were almost too many for it to manage.
"But we learned pretty quickly how to get from those downloads to identifying our potential customers, estimate their need and pain, send sweet and nice emails, and push them into seeing our demos," Albert Pusch, marketing director at Fact-Finder, recently shared with me. "The close relation with sales was a blessing."
Here are three reasons why whitepapers should be part of your content strategy.
1. A whitepaper thoroughly explains how your relatively complex product solves a nagging problem that prospects face
Do you worry that some of your prospects don't even understand the core problem that your business solves—because it's not "that simple" to understand?
Ed Fry, general manager at Inbound.org, recently conducted a survey to see how many marketers actually understood the core function of 10 top marketing technology companies. From the results, 100% of all the 146 respondents understand what MailChimp stands for, 64% correctly said Kissmetrics is a company that provides analytics, and some 77% correctly described HubSpot as a "marketing automation" company.
On the flip side, only 43% could correctly identify a PPC company. In other words, that's 67% of 146 prospects who do not understand what the company stands for. Now that's something to reckon with. When prospects don't understand your product or service and its benefits, they simply won't buy it.
Whitepapers are created to correct issues like this. You can use whitepapers to thoroughly explain the big problem(s) your offerings solves for prospects and give them irrefutable reasons why the problem(s) "must" be solved. You make them understand why your business is important for their business.
2. A whitepaper is a helper
Unlike your typical sales page, a well-written whitepaper doesn't have a headline like "Use [our awesome product] to boost your leads and sales."