What is marketing collateral?
Marketing collateral is media or marketing materials that are typically more informative than conventional advertisements. The medium is generally designed to project authority, establish legitimacy, and build trust with prospects to closely supplement sales efforts.
At its core, marketing collateral is a way to let prospects know that you know what you’re talking about. It’s not supposed to be as flashy as conventional advertisements. In creating marketing collateral, your first priority generally isn’t to capture attention — it’s to retain and enhance it.
In most cases, the prospects who are looking at your marketing collateral are curious about your company, but they might not be intimately familiar with you or your offering. Well-crafted marketing collateral can put them at ease. It can help build the kind of trust necessary to start and sustain a customer relationship.
Marketing collateral tends to be educational in some capacity. When done right, the informative nature of the format lets you separate yourself from the competition by letting you showcase an extensive understanding of your industry that others in your space might not be projecting.
If all of your marketing materials are solely dedicated to talking up your product or service, you’re selling yourself short. When prospects are deciding to buy, they’re not just considering what’s for sale — they’re considering your company as a whole.
They want to know they’ll be taken care of by a competent, capable, knowledgeable organization that they can rely on to address any issues and concerns they might have as they arise. Creating thoughtful marketing collateral is one way to help that cause.
Types of Digital Collateral
- Blog Posts
- Case Studies
- White Papers
1. Blog Posts
Producing good marketing collateral is often a matter of consistently providing value to your audience. One of the better forums to create and promote the kind of material that does that on an ongoing basis is a well-maintained company blog.
It allows you constantly to supplement your sales efforts with helpful insight and audience engagement — driving traffic to your website and generating leads through actionable advice, expertise, and entertainment.
Like any other kind of effective marketing collateral, good blog posts can project authority in your industry. You want to show you’re staying abreast of industry trends and understand the nuances of your space — constantly churning out high-quality, helpful content can help that cause and put your prospects at ease.
Ebooks are similar to blog posts in that they should project industry authority through engagement, but they tend to be longer, more in-depth, and less snackable than typical blog content. This type of marketing collateral generally attracts prospects with a vested interest in your industry. Here are some examples from HubSpot.
In some ways, an Ebook could be likened to an extended blog post or a few blog posts strung together. Like blog content, an Ebook generally contains accessible language and directly actionable advice.
In many cases, Ebooks are downloadable and can only be accessed in exchange for a prospect’s contact information — making them a powerful vehicle for lead generation.
No matter where your company stands, you likely have the resources and knowhow to channel your industry-specific knowledge into a thoughtful Ebook. Remember, your marketing collateral should be designed to build trust with prospects and customers.
If you can put out Ebooks to reliably bolster their knowledge of your industry, you can convince them they’re in good hands when they buy your product or service.
3. Case Studies
Case studies are offering-specific documents that detail how specific customers saw success as a result of leveraging your product or service. This format is different from the previous two in that it’s never product-agnostic. Here’s an example from HubSpot:
Every case study is made in collaboration with a satisfied customer. It’s a form of cross-promotion that shows what your product or service is like in practice — a roadmap that lets prospects imagine what you could do for their business.
Like almost every other example on this list, case studies are educational. They provide a more thorough explanation of how your product or service works through an active example. It’s also another avenue for building trust.
If you can point to reputable customers who are willing to vouch for your business in extensive detail, you can bolster your company’s reputation as a solid, knowledgeable organization with a product or service that delivers results.
Testimonials are essentially condensed, snackable case studies. Many — if not most — prospects don’t have the time or interest to delve into a full-on case study. If you want to reach them, you’re going to have to provide quick-hitting content that they can glance over passively. Testimonials can do just that.
Here’s an example of one from HubSpot:
This testimonial follows the format’s best practice. It’s visually engaging, clearly establishes who provided the quote, and references specific benefits — a solid example of an appropriately informative, easily digestible piece of marketing collateral. Ultimately, a good testimonial helps project the company’s legitimacy while inspiring potential customers to further explore the product it’s promoting.
5. White Papers
A white paper is a persuasive, authoritative, in-depth report on a specific topic. Generally, one of these documents will raise a problem and present a solution to it.
It’s typically more technical and less accessible than an Ebook. It’s meant to draw a crowd more intimately involved with or interested in your industry — an audience that might naturally run into the issue at the core of the document.
White papers shouldn’t be product pitches. It’s best practice to keep them objective and educational. That being said, the topics you choose need to be relevant to your company or space.
This kind of collateral also needs to be thoroughly researched, thoughtfully formatted, polished, and written in a serious tone. That means no flashy language or cute gimmicks. Here are some examples of topics from HubSpot’s Not Another State of Marketing Report.
As I keep mentioning, every format listed in this article is tailored to project authority to some extent — the white paper is the purest example of that trend. It’s a technical document that’s meant to demonstrate technical knowledge to a crowd with technical prowess.
Well-crafted marketing collateral can give you a leg up on your competition. Not only is it an excellent vehicle for lead generation, but it can also offer your business an element of authority and trustworthiness to make potential customers more comfortable and inclined to buy from you. If your company isn’t producing it, consider trying out one of the formats listed above.
Originally published Sep 8, 2020 3:45:00 PM, updated September 08 2020