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Many factors can influence stakeholder touchpoints, such as brand loyalty, customer behaviour and segmentation, product positioning, and customer targeting. All of these factors can directly impact gaining specifications to win large commercial contracts and tenders.
As an I.M.A B2B Partner and Marketing Consultant, I’ve led construction marketing B2B strategies for some of Australia’s largest companies and organisations like Kennards Hire, the NSW Government’s retail precinct, and BlueScope Steel.
I’ve helped many other brands, like Siniat, a global construction materials company, successfully rebrand into the Australian market. I also played a critical role in developing a go-to-market strategy for Mirvac backed construction tech start-up, BuildAi, helping them drive awareness and sell their tech solutions to key stakeholders in the construction and building industry.
Let’s explore what construction marketing is, how the marketing process works, marketing challenges construction companies face, and look at some interesting case studies from I.M.A.
Construction marketing is about applying powerful strategic marketing fundamentals to allow large construction businesses and leading industrial enterprises to market their products efficiently and effectively to key stakeholders.
In the context of B2B marketing, marketing for construction also entails conducting extensive market research to use qualitative and quantitive data to determine things like:
This can also be quite complex in the sphere of B2B2C marketing. Marketing activities like influencer marketing, PR, or traditional media channels like TV, radio, and print media can also shape consumer sentiments. Let me explain in more detail.
Image credit: The Block via YouTube
Let’s say a building product was recently featured in the Channel 9 Australian TV hit series “The Block.” Then this can directly influence key business stakeholders, channel partners, and consumers.
That’s because it:
According to research by Global Data, Australia’s combined B2B construction and industrial industry is worth approximately $167.2B, employing 1.32M local Australians.
Image credit: Global Data
The total addressable market presents a massive opportunity for industrial leaders looking to tap into or expand their product offerings to expand and grow sales.
Construction marketing is important as it allows businesses to increase sales, expand their product offerings both locally and globally, and tap into an Australian $167.2B TAM construction industry segment.
At I.M.A, our marketing process involves three stages: Diagnosis, strategy, and tactics. These three stages can also be further broken down into subcategories. Let’s explore this in more detail.
The diagnosis stage involves getting to know as much as possible about a company’s previous year’s performance.
This includes also analysing a business’s product segmentation, internal processes, key stakeholders, and target market. During this stage, we also conduct extensive market research.
Image credit: I.M.A
In the strategy stage, we’ll look at a brand’s targeting, develop customer personas and segment portraits and create SMART objectives.
This phase also involves using our proprietary tactics that involve the following:
Tactics is the implementation phase, whereby our team will implement and execute our marketing strategies. Here we’ll create a Gannt chart that clearly maps out a timeline and a marketing budget.
Note: For more detailed information on how the marketing process works at I.M.A, check out our in-depth guide on industrial marketing. This guide walks through each of these 3 stages in greater detail, and it is jammed-pack with a ton of helpful information. Plus, there are a lot of interesting examples and construction marketing ideas in the guide too.
Finding the right marketing partner is one of the biggest challenges a large construction company or industrial leader may face.
One of the main reasons why it is so challenging is that different marketing agencies have different sets of skills, expertise, and experience, making it more complicated and time-consuming to find the right partner.
That’s because there are so many service providers; only a small handful of these might be a perfect fit.
Marketing advisory firms fall under three main categories:
A digital marketing agency that serves clients in various industries like B2B, SaaS, SMBs, fintech, hospitality, medical services, and local businesses.
Generally, they’ll provide a wide range of services like:
An important thing to point out here is that they’ll be able to provide a wide range of services and may have had some experience in the construction industry. Their knowledge, depth, and expertise will be general and not specialised.
A B2B marketing agency that specialises only in B2B marketing. This type of agency can perform a wide range of marketing services like:
A marketing agency that only offers and specialises in one core marketing area, for example, B2B SEO.
Single-service agencies that specialise in one core marketing element can be very beneficial if you only require a specific marketing area that they specialise in to improve.
But they may not be the best fit if you’re looking for a multichannel marketing partner, I.e., someone who can handle everything.
That said, it may not always be so clear if an agency is single-service specialised or a generalist. The easiest way to tell is simply by looking at their website and reviewing things like:
Our expert team of B2B industry specialists has guided many construction and industrial brands to increase their sales and profit margins.
Client | What did I.M.A do? | View Case Study |
BlueScope Steel and Fielders | Refined brand positioning gave a brand identity refresh. | Fielders full case study. |
Kennards Hire | A qualitative research study to improve marketing efforts and increase future sales. | Kennards Hire full case study. |
Coates Hire | Improved the sales team’s sales approach. | Coming soon. |
Scentre Group (Owner of Westfield) | Developed a B2B brand value proposition for the property developer. | Coming soon. |
N.S.W Government | Developed a value proposition to promote “The Rocks as Sydney’s most loved social village.” | NSW Government full case study. |
CASE Construction | Created lead generation strategies for their capital equipment brand that generated more sales. | Coming soon. |
Are you keen to learn more? Check out more of our work, including how we’ve helped build material companies, integrated facilities management, and helped launch an insurance company into the construction market.
The ultimate goal for many construction and industrial companies is to increase sales by gaining specifications to win commercial contracts and tenders — and construction marketing helps achieve this.
Need help with a construction marketing strategy? Our team of B2B marketing consultants can help you increase brand awareness and improve your construction business by generating qualified leads and sales.
Looking to talk to me personally? Feel free to contact me by email or connect with me on LinkedIn. I’d be more than happy to answer any questions you might have.
Learn more about I.M.A. Check out our case studies, learn more about our team, view our testimonials on Google Business Profile, or read more of our expert marketing commentary on our blog.
We’re all ears, and we’re here to help you grow your business.