Latest / MATCH B2B INSIGHTS / Why B2B Buyers Are on the Day-One Shortlist
Transcript
- 0:00We...
- 0:00uh...
- 0:01we see it every day in the boardroom.
- 0:02Companies throwing millions at Google Ads, chasing after the...
- 0:06the exact same tiny slice of active buyers, and then wondering why their cost per
- 0:11acquisition is going through the roof.
- 0:13[exhales sharply] Welcome to MATCH B2B Insights.
- 0:16I'm Benny Fluman, and this is where we dissect the structural engines of B2B growth.
- 0:22Today, we are officially launching our new branding, and with it,
- 0:26our core promise: We Build Lean Client Acquisition Process for B2B Companies.
- 0:32From Market Strategy to Real Customers.
- 0:35I have Dafna Cohen, our international growth architect, and Neli Granizki,
- 0:41our performance media and data systems strategist, here with me.
- 0:44Dafna, let's start with the cold, hard numbers.
- 0:48Why is the typical B2B lead-gen machine actually built on a statistical illusion?
- 0:53It...
- 0:53it really comes down to what we call the ninety-five five rule.
- 0:57This isn't just a hunch, Benny.
- 0:59It's...
- 1:00it's empirical research led by Professor John Dawes at the Ehrenberg-Bass Institute,
- 1:05published through the LinkedIn B2B Institute.
- 1:07The data shows that at any given moment, only about...
- 1:11about five percent of your target market is actually in-market to buy.
- 1:15Five percent.
- 1:17The other ninety-five percent?
- 1:19They are out-of-market.
- 1:20They aren't looking, they don't have an active budget, and they don't care about
- 1:25your product right now.
- 1:27Yet, almost all B2B marketing budgets are poured entirely into capturing that five
- 1:32percent.
- 1:33And...
- 1:34and when you do that, when you over-index on that "now" buyer,
- 1:37you hit an immediate growth ceiling.
- 1:40I see this in the ad accounts all the time.
- 1:43Companies scale their search budgets, and suddenly their CAC...
- 1:47their cost to acquire a customer...
- 1:49doubles, while lead quality plummets.
- 1:52Why?
- 1:53Because you are fighting a bloody, expensive war with all your competitors over that
- 1:58tiny five percent.
- 2:00We- we have to give space to the ninety-five percent.
- 2:03If you don't build memory structures with them now, when they do enter the market...
- 2:08which could be next year, or in three years...
- 2:11you won't even be on their radar.
- 2:13We aren't here for ourselves, we are here to build a system that works for the long
- 2:18haul.
- 2:19The out-of-market audience is where your future revenue is actually born.
- 2:24Yes!
- 2:24But...
- 2:25but Neli, the pushback from the CEO is always...
- 2:29"I need pipeline today.
- 2:31Why should I spend money on people who aren't buying?"
- 2:34What they don't see is the operational friction.
- 2:37If you only target the five percent, your sales cycle is agonizingly slow because
- 2:43you are starting from zero trust.
- 2:44You have to educate them, pitch them, and discount just to stay in the game.
- 2:49When you market to the ninety-five percent, you are pre-selling.
- 2:53You are building what we call mental availability so that when they are ready,
- 2:58they come to you.
- 2:59And that...
- 3:00that brings us to the core issue.
- 3:02It's a structural misalignment.
- 3:05If your entire marketing engine is built on immediate activation,
- 3:09you are essentially treating a long-term enterprise cycle like a impulse purchase.
- 3:15You can't squeeze blood from a stone, and you can't force the ninety-five percent to
- 3:19buy before they have the pain.
- 3:21It's about building a lean, repeatable process that captures the five percent
- 3:26efficiently while systematically warming up the rest.
- 3:30So, okay, let's talk about what happens when that ninety-five percent finally does
- 3:34enter the market.
- 3:35There's a massive study by Bain & Company and Google that completely shattered my
- 3:40view of how B2B procurement actually works.
- 3:43They found that eighty to ninety percent of B2B buyers...
- 3:47let me repeat that, eighty to ninety percent...
- 3:50already have a shortlist of vendors in mind before they even start active research.
- 3:54And...
- 3:56and here is the kicker: ninety percent of them end up buying from that day-one
- 4:00shortlist.
- 4:03Dafna, if you aren't on that list before the search starts,
- 4:06you've basically lost the deal before it even began.
- 4:09It- it is a brutal statistic, Benny.
- 4:12It means that the "buying journey" we all love to draw in our slide decks...
- 4:16you know, the linear funnel of awareness, consideration, decision...
- 4:20is largely a myth.
- 4:21The real battle is won in the mind, long before the procurement RFP is ever drafted.
- 4:27It's about building those mental memory structures, or what we call Category Entry
- 4:32Points...
- 4:32CEPs.
- 4:33But how you build those structures depends entirely on your industry.
- 4:37If you are in high-growth SaaS...
- 4:40say, a company like Gong...
- 4:41you want your brand to be the immediate cognitive shortcut for "Revenue
- 4:45Intelligence" or "sales coaching."
- 4:47When a sales VP has a pipeline visibility problem, Gong is already in their head.
- 4:53It's fast, it's digital, it's broad category fame.
- 4:57But...
- 4:58but wait, if you go to Industrial Manufacturing, it's a completely different world.
- 5:03You can't just run funny LinkedIn ads and expect a manufacturing plant manager to
- 5:08buy a five-million-dollar turbine.
- 5:10There, the Category Entry Points are built on legacy trust,
- 5:15technical compliance, and physical capability.
- 5:18The buyer's memory structures aren't triggered by a catchy slogan; they are
- 5:22triggered by specific operational failures.
- 5:26Like...
- 5:27"our main conveyor system has a five percent downtime rate."
- 5:31The marketing manager there has to build mental availability around reliability and
- 5:36engineering authority, often through deep technical content,
- 5:40webinars, and localized presence.
- 5:43It's a much slower, deeply institutionalized memory structure.
- 5:48So, Neli, what you are saying is that the media mix and the creative strategy have
- 5:52to match the cognitive load of the purchase.
- 5:55In SaaS, you might use broad digital reach to create fame.
- 5:59In heavy industry, you might need highly targeted, account-based authority plays to
- 6:04ensure you are on that day-one shortlist for specific, high-value contracts.
- 6:09Exactly.
- 6:10And the marketing manager's job...
- 6:12the real strategic value they bring...
- 6:14is identifying those specific Category Entry Points.
- 6:17It's asking: "What are the exact situations, the exact pain points,
- 6:22or the internal events that trigger our target buyer to start thinking about our
- 6:26category?"
- 6:27In SaaS, it might be a new round of funding or a sales team reorg.
- 6:31In manufacturing, it might be a regulatory shift or a plant expansion.
- 6:35If you don't map your marketing to those triggers, you are just throwing noise at
- 6:40the wall.
- 6:40You won't make the shortlist.
- 6:42Let's double-click on this industry variance, because this is where so many B2B
- 6:46companies fail.
- 6:47They try to copy-paste a SaaS playbook into heavy industry or defense,
- 6:51and it's a complete train wreck.
- 6:53Let's look at the famous Binet and Field research.
- 6:56They developed the forty-six fifty-four rule for B2B...
- 7:00suggesting forty-six percent of your budget should go to brand building,
- 7:03and fifty-four percent to direct response or sales activation.
- 7:07But that's an average.
- 7:09How do we adapt this equation when we look at SaaS versus Industrial Manufacturing,
- 7:14and then...
- 7:15the ultimate outlier...
- 7:16Defense Tech?
- 7:18Oh, the- the forty-six fifty-four ratio is absolutely not a one-size-fits-all.
- 7:23In high-velocity SaaS, you might actually lean even heavier into activation and
- 7:28broad digital fame because your sales cycles are shorter, and you can leverage
- 7:33product-led growth.
- 7:34You need distinctive digital assets...
- 7:36think of the HubSpot orange or the Slack chime...
- 7:40that cut through the noise of a very crowded digital space.
- 7:44You need broad, relentless category awareness.
- 7:47Your budget might look closer to fifty-fifty, or even shift slightly toward
- 7:51activation if you have a strong PLG motion that acts as its own brand builder.
- 7:57But...
- 7:58but then you look at Industrial Manufacturing.
- 8:00Your buyer group is small, highly technical, and extremely risk-averse.
- 8:05Here, the "brand" isn't about being famous on TikTok.
- 8:09It's about technical authority.
- 8:11You might shift the ratio to sixty percent brand and forty percent activation,
- 8:15but that "brand" spend is invested in engineering white papers,
- 8:19industry standardization committees, and deep, localized distribution partnerships.
- 8:24The activation is highly focused on strategic account-based marketing,
- 8:29not broad PPC campaigns.
- 8:30You are building a reputation that can survive a procurement process that might take
- 8:35two years and involve fifteen stakeholders.
- 8:38And...
- 8:39and then there is Defense Tech.
- 8:40Talk about extreme constraints.
- 8:42You have a monopsony...
- 8:44often only one buyer, the government or a military branch.
- 8:48You have multi-year, highly regulated procurement cycles, and massive compliance
- 8:53barriers like achieving an ATO...
- 8:56Authority to Operate.
- 8:57Dafna, how does brand building even exist in a world where you can't even publicly
- 9:02name your clients half the time?
- 9:03It's...
- 9:04it's incredibly challenging, but it is actually where brand matters most.
- 9:09It's just a different kind of brand.
- 9:11In Defense Tech and national security, brand is institutional credibility and
- 9:17relationship-based authority.
- 9:19Your "brand" budget isn't spent on Google Ads.
- 9:22It's spent on policy alignment, technical compliance, and hiring former defense
- 9:26leaders who bring immediate trust.
- 9:28The marketing manager's role here is to align the company's technology with the
- 9:33broader geopolitical narrative.
- 9:35You are selling national resilience, not a software tool.
- 9:39If the Pentagon doesn't trust that you will exist as a company in ten years,
- 9:43they will not buy from you, no matter how good your code is.
- 9:46So the brand work is about proving long-term financial viability and deep alignment
- 9:51with national security objectives.
- 9:53The ratio here might be eighty percent long-term relationship building and
- 9:57credibility, and twenty percent activation around specific RFP responses.
- 10:03It's about understanding the rules of the game you are playing.
- 10:06If you try to run a SaaS retargeting campaign for a defense contract,
- 10:10you are literally throwing money into a black hole.
- 10:12They aren't clicking on your banners.
- 10:14They are looking at your security certifications, your board of advisors,
- 10:18and your compliance history.
- 10:20Our job is to build the right structure for the right market.
- 10:23There is no template.
- 10:25Alright, so if we agree that ninety-five percent of our audience is out-of-market,
- 10:29and that building long-term mental availability is the key to winning the day-one
- 10:33shortlist...
- 10:34how do we measure it?
- 10:36Because...
- 10:38let's be honest...
- 10:39the CFO is going to look at your brand campaign and say, "Where are the SQLs?
- 10:44Where is the pipeline for next month?"
- 10:46If you measure a brand-building strategy using short-term activation metrics,
- 10:51you will kill the strategy every single time.
- 10:54Neli, how do we build an "Out-of-Market Scorecard" that actually holds up in a board
- 10:59meeting?
- 10:59We have to look at proxy metrics that indicate...
- 11:03uh...
- 11:04growing mental market share.
- 11:05I don't look at immediate form fills for this.
- 11:08First, I look at branded organic search volume.
- 11:12Are more people searching for your company name, rather than generic keywords?
- 11:17If your branded search is growing month-over-month, that means your brand is
- 11:22occupying more space in their heads.
- 11:24Second, direct traffic growth.
- 11:26Are they typing your URL directly into the browser?
- 11:30And third, we look at changes in un-aided recall through structured customer
- 11:35surveys.
- 11:36When you ask your target ICP, "Name three vendors in our space,"
- 11:40does your name come up first or second?
- 11:42Those are the leading indicators of future pipeline.
- 11:46And...
- 11:47and we have to customize these proxies by industry.
- 11:50In SaaS, you can track digital category search velocity...
- 11:55how fast your brand is growing relative to the category term.
- 11:58But in Industrial Manufacturing, your metrics are different.
- 12:02You should be tracking the contract renewal rate, the percentage of strategic RFQ
- 12:08invitations you receive without prior sales contact, and your share of wallet within
- 12:13key accounts.
- 12:14If you are getting invited to RFQs that you didn't actively pitch for,
- 12:19that is the ultimate proof of mental availability.
- 12:21You were on that day-one shortlist.
- 12:24And...
- 12:24and what about Defense, Dafna?
- 12:26How do you measure mental availability there, where the data is so sparse?
- 12:30In Defense, you measure high-level stakeholder trust and policy alignment.
- 12:35Are your key executives being invited to speak at closed-door industry panels?
- 12:40Is your technology being cited in government research papers or policy
- 12:43recommendations?
- 12:44It's about tracking your influence on the regulatory and strategic landscape.
- 12:49If the military's long-term planning documents start using terminology that aligns
- 12:53with your product's unique capabilities, you have achieved the ultimate form of
- 12:57mental availability.
- 12:58You've shaped the market's requirements.
- 13:01This...
- 13:01this requires so much professional courage from the marketing manager.
- 13:05It is so easy to hide behind vanity metrics...
- 13:09like, "Look at all these eBook downloads!"
- 13:11or "Our LinkedIn impressions are up fifty percent!"
- 13:14But those metrics don't mean anything if they aren't translating into branded
- 13:18search, RFQ invitations, or pricing power.
- 13:22You have to stand in front of the board and say, "We are building an asset.
- 13:26It takes twelve months to show up in revenue, but here are the leading indicators
- 13:31that prove we are winning the mindshare."
- 13:33It...
- 13:33it really is about running your marketing department like a structural capital
- 13:37engine, not a call center.
- 13:39A call center is a cost center...
- 13:41you put money in, you get some activity out, but the moment you stop paying,
- 13:45the activity stops.
- 13:47A capital engine is an asset.
- 13:49You build it, it compounds, and it continues to generate value long after the
- 13:53initial spend.
- 13:54When you build mental availability with the ninety-five percent,
- 13:58you are building an asset that your competitors cannot easily copy or buy their way
- 14:03out of.
- 14:03And...
- 14:04and that is how you manage internal expectations.
- 14:07When you present this to the board, you don't show up with creative designs or vague
- 14:11promises.
- 14:12You show up with empirical data.
- 14:14You show them the Binet and Field frameworks, you show them the Ehrenberg-Bass
- 14:18research, and you say, "This is how B2B buyers actually behave.
- 14:23If we continue to spend one hundred percent of our budget on the five percent,
- 14:27we will hit a wall.
- 14:28Here is our plan to systematically capture the ninety-five percent over the next
- 14:32eighteen months."
- 14:33It shifts the entire conversation from "marketing is an expense" to "marketing is a
- 14:39strategic growth driver."
- 14:41It...
- 14:41it really does.
- 14:42And today, with the tools we have...
- 14:45we can build these lean client acquisition processes with incredible precision.
- 14:51But it starts with the strategy.
- 14:53It starts with knowing who your ICP is, what their Category Entry Points are,
- 14:58and having the discipline to stick to the plan even when the short-term pressure is
- 15:02high.
- 15:03We have a saying we live by: We Build Lean Client Acquisition Process for B2B
- 15:08Companies.
- 15:09From Market Strategy to Real Customers.
- 15:12That is the standard we hold ourselves to, and it's the standard we build for our
- 15:16clients.
- 15:17That's...
- 15:18that's a perfect place to wrap things up.
- 15:21If you are tired of hitting those growth ceilings, if your CAC is climbing and your
- 15:26pipeline feels unpredictable, maybe it's time to stop chasing the five percent and
- 15:31start building the infrastructure to win the other ninety-five.
- 15:34You can find more insights at matchb2b.com.
- 15:38Dafna, Neli, great discussion as always.
- 15:41Talk soon.
- 15:42Thanks, Benny.
- 15:43Looking forward to the next one.