Latest / Uphoff on Media Podcast / B2B Thought Leadership and Content Marketing Are Broken
Transcript
- 0:02SPEAKER_00: Let's face it, B2B thought leadership and content marketing are horribly broken.
- 0:08SPEAKER_00: What started as a way for business brands and leaders to establish credibility,
- 0:11SPEAKER_00: trust,
- 0:12SPEAKER_00: and a direct relationship with prospects,
- 0:14SPEAKER_00: customers, and the broader industry has gone off the rails.
- 0:18SPEAKER_00: Today is this spammy mess of machine-optimized white papers, blogs,
- 0:22SPEAKER_00: email newsletters,
- 0:23SPEAKER_00: and social media posts that have become meaningless to B2B buyers.
- 0:27SPEAKER_00: Mention it to a B2B buyer and you're likely gonna get an eye roll and a chuckle.
- 0:31SPEAKER_00: The declining results are the proof points.
- 0:34SPEAKER_00: So how the heck did we get here?
- 0:36SPEAKER_00: How did something that started so promising go so horribly wrong?
- 0:40SPEAKER_00: Look, I was an architect of this transition and I'm looking in the mirror,
- 0:43SPEAKER_00: not standing in judgment of anyone else.
- 0:47SPEAKER_00: In this podcast episode and the post on Substack,
- 0:50SPEAKER_00: I walked through a brief history,
- 0:51SPEAKER_00: how we got into this mess and a framework for restoring the value
- 0:55SPEAKER_00: and thought leadership and yes, Even content marketing.
- 0:58SPEAKER_00: Okay, let's get to work.
- 1:02SPEAKER_00: This episode is titled, B2B Thought Leadership and Content Marketing Are Broken.
- 1:06SPEAKER_00: Vendor content built credibility, trust, and relationships.
- 1:10SPEAKER_00: Now it's declining in impact.
- 1:11SPEAKER_00: Here's why and how to restore it.
- 1:16SPEAKER_00: Open your LinkedIn feed and read 10 thought leadership posts in a row.
- 1:20SPEAKER_00: Count how many times you could tell apart if the names were stripped off.
- 1:24SPEAKER_00: That number,
- 1:25SPEAKER_00: not how many posts got published this year,
- 1:27SPEAKER_00: is the real measure of how broken B2B content marketing has become.
- 1:33SPEAKER_00: Enterprise technology went mainstream and so did the people who ran it.
- 1:37SPEAKER_00: In the late 1980s and early 1990s,
- 1:40SPEAKER_00: enterprise technology was a real and growing market,
- 1:43SPEAKER_00: almost entirely invisible outside the people who bought it.
- 1:47SPEAKER_00: That changed once the personal computer,
- 1:49SPEAKER_00: then the internet went mainstream and companies like Microsoft,
- 1:52SPEAKER_00: Intel, Cisco, Oracle, and SAP rode the same wave into the business pages.
- 1:58SPEAKER_00: Their stocks bit up on the size of the opportunity ahead.
- 2:02SPEAKER_00: Mainstream companies produce mainstream curiosity about the people running them.
- 2:06SPEAKER_00: It became routine for a reporter to ask Bill Gates or Andy Grove
- 2:10SPEAKER_00: or Steve Jobs what they thought about the next wave of technology,
- 2:13SPEAKER_00: and tech leaders turned into public figures in their own right,
- 2:16SPEAKER_00: writing books and giving speeches that had nothing to do with their product line.
- 2:21SPEAKER_00: As the internet handed every company its own printing press,
- 2:24SPEAKER_00: these same companies started publishing directly to an audience for the first time.
- 2:28SPEAKER_00: That instinct, not a marketing department's idea, is where brand as publisher actually started.
- 2:36SPEAKER_00: B2B media was dying at the exact moment vendors learned to publish.
- 2:40SPEAKER_00: The other half of the story was happening inside the B2B media industry.
- 2:44SPEAKER_00: The internet that was making tech companies mainstream was disrupting
- 2:48SPEAKER_00: the high margin print business B2B media had run for decades.
- 2:52SPEAKER_00: One response was custom publishing.
- 2:54SPEAKER_00: Vendor sponsored content,
- 2:56SPEAKER_00: clearly labeled as such,
- 2:57SPEAKER_00: running inside the same magazines and websites that carried
- 3:00SPEAKER_00: the independent coverage.
- 3:02SPEAKER_00: At some point, brand as publisher and custom publishing converged.
- 3:06SPEAKER_00: And the modern thought leadership and content marketing era was born from that collision.
- 3:13SPEAKER_00: Most of what came out of that convergence worked okay.
- 3:17SPEAKER_00: Buyers trusted content that came directly from the company's building the technology
- 3:21SPEAKER_00: and used it to evaluate and shortlist vendors.
- 3:23SPEAKER_00: This shouldn't have come as a surprise.
- 3:26SPEAKER_00: Oracle, Salesforce, SAP,
- 3:28SPEAKER_00: IBM and others hired the B2B tech journalists
- 3:31SPEAKER_00: that declining media companies could no longer afford and put them
- 3:35SPEAKER_00: to work producing exactly the kind of content they used to produce
- 3:38SPEAKER_00: for media companies.
- 3:39SPEAKER_00: So far, so good.
- 3:41SPEAKER_00: Then marketing automation arrived and the math changed.
- 3:45SPEAKER_00: I was one of the pioneers of this and I had plenty of company.
- 3:48SPEAKER_00: I did not see what was coming next.
- 3:52SPEAKER_00: I've spent over half my career running B2B media businesses and I was one of
- 3:56SPEAKER_00: the pioneers of the very things I'm describing here and so were plenty of my peers
- 4:01SPEAKER_00: in B2B media.
- 4:02SPEAKER_00: Sponsored media,
- 4:03SPEAKER_00: custom publishing,
- 4:04SPEAKER_00: marketing automation,
- 4:05SPEAKER_00: demand generation and thought leadership at CMP Media and UBM TechWeb.
- 4:10SPEAKER_00: The same adaptation a lot of B2B media publishers were making as
- 4:14SPEAKER_00: the internet ate our print businesses out from under us.
- 4:18SPEAKER_00: I was one of the pioneers of this shift at CMP Media and later UBM TechWeb.
- 4:22SPEAKER_00: In an effort to evolve a business model, the internet was steadily disrupting.
- 4:26SPEAKER_00: B2B media companies used their traditional editorial processes
- 4:30SPEAKER_00: to build sponsored content operations and applied the new technology
- 4:33SPEAKER_00: of marketing automation to open a new revenue line in demand generation.
- 4:38SPEAKER_00: In 2010,
- 4:39SPEAKER_00: while CEO of UBM TechWeb,
- 4:41SPEAKER_00: I wrote a white paper called Marketing as a Service that outlined the path forward.
- 4:45SPEAKER_00: This was before content marketing or brand as publisher had become common terms.
- 4:50SPEAKER_00: The model is what eventually got operationalized by brands,
- 4:54SPEAKER_00: custom content providers,
- 4:55SPEAKER_00: and demand generation companies,
- 4:56SPEAKER_00: dramatically escalating the volume of content being produced.
- 5:01SPEAKER_00: What we really didn't anticipate was how fragile that model actually was or where
- 5:06SPEAKER_00: the talent would go once it started cracking.
- 5:09SPEAKER_00: Bob Evans,
- 5:09SPEAKER_00: my editorial partner at Information Week and UBM Tech Web,
- 5:12SPEAKER_00: became Chief Communications Officer at SAP, then Oracle, and now runs Cloud Wars.
- 5:17SPEAKER_00: Rob Preston,
- 5:18SPEAKER_00: Fritz Nelson,
- 5:19SPEAKER_00: Stephanie Stahl,
- 5:19SPEAKER_00: and Tom Smith,
- 5:20SPEAKER_00: editors I worked alongside at Information Week and UBM Tech Web,
- 5:24SPEAKER_00: now lead marketing and content organizations at some of
- 5:27SPEAKER_00: the largest technology companies in the world.
- 5:29SPEAKER_00: One of them now runs the Content Marketing Institute.
- 5:32SPEAKER_00: A flood of talented B2B editors moved from declining media companies into
- 5:37SPEAKER_00: the vendors they used to cover,
- 5:38SPEAKER_00: carrying real editorial skills and judgment into organizations
- 5:42SPEAKER_00: that would eventually systematize it into something else.
- 5:47SPEAKER_00: I made this argument in May.
- 5:48SPEAKER_00: AI just put it on fast forward.
- 5:50SPEAKER_00: In May, I argued that B2B marketing has substituted measurement for the work itself.
- 5:56SPEAKER_00: That attribution models and MQL dashboards had become a stand-in
- 6:00SPEAKER_00: for brand positioning and judgment in the post How B2B Marketing Lost Its Way.
- 6:06SPEAKER_00: I ended that post with a prediction that is proving out faster than I expected.
- 6:10SPEAKER_00: What survives in an agentic world is genuine brand authority,
- 6:15SPEAKER_00: distinctive positioning, authentic thought leadership.
- 6:17SPEAKER_00: The things that cannot be tracked are the things that matter the most.
- 6:21SPEAKER_00: As generative AI marketing automation,
- 6:23SPEAKER_00: every tool in between scaled thought leadership
- 6:26SPEAKER_00: and content marketing output exponentially.
- 6:29SPEAKER_00: What got optimized was scale,
- 6:30SPEAKER_00: not judgment, taste,
- 6:31SPEAKER_00: or any real understanding of where a piece of content actually supported
- 6:36SPEAKER_00: a purchase process.
- 6:38SPEAKER_00: 15 years of tools were built to measure clicks, downloads, volume, and SEO score.
- 6:43SPEAKER_00: None of them were built to measure whether a reader trusted what they read or
- 6:46SPEAKER_00: whether that trust moved them one step closer to a decision.
- 6:51SPEAKER_00: The tools did exactly what they were built to do.
- 6:54SPEAKER_00: That was the problem.
- 6:56SPEAKER_00: Marketing automation was the opening move.
- 6:58SPEAKER_00: What it triggered next was an arms race.
- 7:00SPEAKER_00: I've already tallied where that race ended up in the post The Stack That Broke Marketing.
- 7:07SPEAKER_00: 15,384 commercial MarTech tools as of last year, up nearly 100-fold since 2011.
- 7:14SPEAKER_00: Yet utilization sits at 49%,
- 7:17SPEAKER_00: meaning close to half of everything B2B marketing spends
- 7:20SPEAKER_00: on technology produces no active output.
- 7:24SPEAKER_00: Content and thought leadership inherited the same math.
- 7:27SPEAKER_00: More tools bought than anyone had a plan to use.
- 7:32SPEAKER_00: 52% of newly published articles on the web were AI generated as of last year.
- 7:37SPEAKER_00: That's up from near zero four years earlier per graphite analysis
- 7:41SPEAKER_00: of 65,000 English language articles.
- 7:44SPEAKER_00: That number alone would be a footnote if the content underneath it were still doing its job.
- 7:49SPEAKER_00: It's not.
- 7:51SPEAKER_00: 95% of B2B marketers now use AI tools and content production,
- 7:54SPEAKER_00: yet fewer than four in 10 report a measurable performance improvement from them.
- 8:00SPEAKER_00: 96% of B2B brands produce thought leadership.
- 8:03SPEAKER_00: Only somewhere between 4% and 11% rate their own program as advanced.
- 8:11SPEAKER_00: 56% of B2B marketers cannot attribute ROI to their content at all.
- 8:16SPEAKER_00: Marketing budgets grew nearly 9% heading into this year anyway.
- 8:20SPEAKER_00: Traffic volume gave content marketers cover, so a real ROI conversation never had to happen.
- 8:28SPEAKER_00: Reading these numbers, a troubling pattern emerges.
- 8:31SPEAKER_00: Adoption is universal, effectiveness is not.
- 8:34SPEAKER_00: That gap is not a rollout problem better prompting fixes next quarter.
- 8:38SPEAKER_00: It is what happens when a discipline built on editorial judgment gets handed to
- 8:42SPEAKER_00: a machine built to optimize what a dashboard can report,
- 8:46SPEAKER_00: run by people who never had to answer for the one thing a dashboard cannot show,
- 8:51SPEAKER_00: whether anyone trusted what they read.
- 8:55SPEAKER_00: Buyers noticed before the metrics did, Buyers do not have that blind spot.
- 8:59SPEAKER_00: A Gardner survey published this year found that 69% of B2B buyers still turn
- 9:04SPEAKER_00: to human sales reps to validate AI-generated insights before they trust them,
- 9:09SPEAKER_00: even as those same buyers say they prefer a self-service rep-free experience.
- 9:14SPEAKER_00: Content marketing was invented in part to let a company scale trust without a person
- 9:19SPEAKER_00: in every conversation.
- 9:20SPEAKER_00: The tools first version of this did not scale trust.
- 9:23SPEAKER_00: It just made buyers trust the human relationship more.
- 9:27SPEAKER_00: A recent outsell study of 226 B2B buyers found reliance
- 9:32SPEAKER_00: on vendor produced content falling across the board,
- 9:35SPEAKER_00: down 14% among the end users closest to a purchase decision,
- 9:40SPEAKER_00: while reliance on peer communities,
- 9:42SPEAKER_00: analyst reports, and trade press rose by double digits over the same period.
- 9:47SPEAKER_00: I used this same data two weeks ago to make a case about how AI changed
- 9:51SPEAKER_00: the way B2B buyers evaluate vendors.
- 9:54SPEAKER_00: Read from the content side instead of the buying side,
- 9:56SPEAKER_00: it makes an even sharper case against the content itself.
- 10:01SPEAKER_00: Buyers are not abandoning research.
- 10:04SPEAKER_00: They're relocating their trust to sources a company cannot buy its way into.
- 10:08SPEAKER_00: None of this is new.
- 10:10SPEAKER_00: Edelman's original thought leadership research found 56%
- 10:14SPEAKER_00: of B2B decision makers got no value from what they read,
- 10:17SPEAKER_00: and 86% rated it merely good, mediocre, or poor.
- 10:21SPEAKER_00: That predates generative AI by close to a decade.
- 10:24SPEAKER_00: The tools did not create this problem.
- 10:27SPEAKER_00: They gave it a much faster printing press.
- 10:29SPEAKER_00: I asked Tonya Reese,
- 10:30SPEAKER_00: who spent a decade working on Edelman's trust barometer research,
- 10:34SPEAKER_00: what she's seeing now, and here's her take.
- 10:37SPEAKER_00: Quote, we spent years measuring what audiences do with content,
- 10:41SPEAKER_00: whether they click it, share it, or respond to it.
- 10:44SPEAKER_00: Treating those behaviors as proxies for trust, but attention is not the same as trust.
- 10:50SPEAKER_00: Audiences are reading the trust signals in the content itself.
- 10:53SPEAKER_00: Does the company demonstrate real competence?
- 10:55SPEAKER_00: Is it candid about complexity and uncertainty?
- 10:58SPEAKER_00: Does it reflect the reader's interests as well as the company's?
- 11:01SPEAKER_00: Does it give a potential customer a reason to rely on their organization
- 11:05SPEAKER_00: when their career is at stake?
- 11:07SPEAKER_00: AI is making content dramatically easier to produce,
- 11:10SPEAKER_00: which means those trust signals are going to become even more essential.
- 11:14SPEAKER_00: If your content is capturing attention without also earning trust,
- 11:17SPEAKER_00: your funnel will start leaking, no matter how healthy it looks from the top."
- 11:24SPEAKER_00: Run the audit before your buyers run it for you.
- 11:27SPEAKER_00: Here's a way to determine where your own programs stand before a reader does it for you.
- 11:32SPEAKER_00: I'm calling it the Narrative Index.
- 11:34SPEAKER_00: Take your last three published pieces and score each one one to five
- 11:38SPEAKER_00: against these seven questions.
- 11:41SPEAKER_00: Number one, byline accountability.
- 11:44SPEAKER_00: Does a named person's judgment stand behind this?
- 11:47SPEAKER_00: Someone accountable if it's wrong.
- 11:49SPEAKER_00: Number two, source diversity.
- 11:50SPEAKER_00: Does it draw on more than one voice or data set or is
- 11:54SPEAKER_00: a single synthesized take dressed up as insight?
- 11:57SPEAKER_00: Number three, distinctive point of view.
- 11:59SPEAKER_00: Could a competitor publish this exact piece with their logo swapped in?
- 12:04SPEAKER_00: Number four, third-party earned trust.
- 12:05SPEAKER_00: Has anyone outside the company chosen to cite, share, or reference it unprompted?
- 12:11SPEAKER_00: Number five, tool dependency.
- 12:12SPEAKER_00: Did this require a human editorial decision beyond hitting publish?
- 12:17SPEAKER_00: Number six, incentive alignment.
- 12:18SPEAKER_00: Is the team that made this rewarded for whether it changed your reader's mind or
- 12:22SPEAKER_00: for how many of these shipped this month?
- 12:25SPEAKER_00: And number seven, jobs to be done fit.
- 12:27SPEAKER_00: Does this move the buyer forward on the job they hired your category to do,
- 12:31SPEAKER_00: or does it just talk about the category?
- 12:34SPEAKER_00: Add the seven scores.
- 12:37SPEAKER_00: 35 is the ceiling.
- 12:39SPEAKER_00: 29 to 35 means your program is still narrative-led,
- 12:42SPEAKER_00: rare enough to protect rather than optimize further.
- 12:44SPEAKER_00: 18 to 28 means you're at risk,
- 12:47SPEAKER_00: which is most programs and still salvageable with real editorial judgment back
- 12:51SPEAKER_00: in charge.
- 12:52SPEAKER_00: Below 18,
- 12:53SPEAKER_00: the tools are running your program and your content will continue to decline
- 12:57SPEAKER_00: in impact.
- 13:00SPEAKER_00: The test isn't rhetorical.
- 13:01SPEAKER_00: Run it on your own byline.
- 13:03SPEAKER_00: Okay, go back to your feed.
- 13:05SPEAKER_00: The 10 posts you could not tell apart were not written by lazy people or bad marketers.
- 13:09SPEAKER_00: They were produced, correctly, by a system built to reward exactly what they delivered.
- 13:14SPEAKER_00: Volume, coverage, a checked box.
- 13:17SPEAKER_00: I built part of the discipline those systems were supposed to scale.
- 13:21SPEAKER_00: Marketing automation and agentic AI are forcing functions.
- 13:24SPEAKER_00: They require a balance of human and machine judgment to scale effectively.
- 13:29SPEAKER_00: Right now,
- 13:29SPEAKER_00: we are way,
- 13:30SPEAKER_00: way out of balance, and the declining impact of content marketing proves it.
- 13:38SPEAKER_00: Well, that's it for this episode.
- 13:39SPEAKER_00: If you found this useful,
- 13:41SPEAKER_00: please do one thing,
- 13:42SPEAKER_00: follow the Uphoff on Media podcast on Apple or Spotify, and please leave a rating.
- 13:46SPEAKER_00: It's the single best way to help another operator find this.
- 13:50SPEAKER_00: I'm Tony Uphoff, back at it next week.