THE FLOOD:- From 2011 to 2024, Marketing Automation Companies grew from 150 to over 14,000.
- Sales & Marketers have gamed everything: even reviews have long become unreliable.
- 85% of SDRs use LinkedIn Sales Navigator.
- Inboxes (not just LinkedIn, email too) are flooded with generic (read "not relevant to me”) sales pitches.
- We face up to 10,000 ad impressions per day.
- AI has helped Sales reps become sharper, now AI no longer needs the human proxy to make the call.
THE DIKE:- So we filter emails, we skip ads, we screen calls.
- We use VPNs, Ad Blockers, Incogni, cookie-less browsers, iPhones with “Ask App not to track".
- We vote for Privacy (GDPR, CCPA).
- The Power Users embrace Web3.
THE RESULTS:- With less accurate tracking, Ads become less relevant.
- So they’re annoying, not helpful, and we ignore them even more.
- But CPMs & CPCs keep increasing, so the ROAS suffers.
- Sales Efficiency is going down, and 70+% of SDRs are under quotas.
BUT WAIT!There has been one way to market while adding value to customers: Inbound -> Identify your buyer persona and build useful content for them.
(1) What happens when everyone creates content though?
You go for the long tail. You produce targeted content for the niches.
(2) Think again, content creators also have
automation to flood the long tail.
So, you differentiate yourself by the higher quality you produce, right?
(3) And what happens when everyone creates amazing content?
Impossible?
Heard about ChatGPT? Midjourney? Runway?
Higher quality has been a differentiator as it was produced by the most talented. If you have a
top 1% copywriter or visual designer on staff, you might still be able to win. But for how long? Ubiquitous AI tools are already better than the bottom 50%, and they are coming for the top 1%, it is just a matter of time.
Inbound, like Outbound and all GTM tactics, works when only a few industry leaders do it. The novel differentiation gets them buyer’s attention, and share of wallet. But when every marketer has access to the same tools, the former differentiated novelty becomes the overwhelming noise we tune out.
So the Buyers are overwhelmed: Inbound is the new Spam. It is just a more innovative form of Fatigue. Depending on the interruption and the day they're having, customers do not just ignore you, they resent you, and it hurts your brand.
Let’s forget the emotional tension that comes from the flood, and imagine the analytical process of a customer shopping for a product.
These days, each vendor has produced its podcast series, calculators, white papers, surveys, its own ‘best vendor’ study from G2, Forrester, Gartner, ____ (add yours).
If it is hard to imagine, just shop for a PRM these days and you’ll experience just that. Are we expecting customers to process it all and produce a conclusive synthesis? A decision matrix maybe?
That’d be great.
Would you?And
can they? How do you know which of these voices to listen to, when all of them display the same confidence, rhetoric, competence/data and they do it in a beautifully designed package?
All these efforts give you mixed results, but they still costs you. Indeed, in order not to be left behind, you pay for
talent,
tools, and
media spend… Worse, as you keep buying the latest technology, you end up with
dozens of systems that for the most part are
disconnected. Your team instead of connecting with customers, is distracted by data integration, or manually connects the tools until RevOps can do the job.
How long will these programs be funded? The current/incoming economic downturn might accelerate the downfall.
PS: Product Led Growth has its limits
too.