Insights

10 | 01 | 2024

Unlocking Your B2B Marketing Budget With Conversion Rate Optimization

Written by

Ben Taylor

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In today’s competitive digital marketing landscape, maximizing every dollar of your B2B marketing budget is not just a goal — it's a necessity. Whether you’re a startup with limited resources or a seasoned digital marketer managing a significant marketing spend, one thing remains constant: the importance of optimizing your website’s performance from a conversion rate optimization (CRO) standpoint.

This is where much of my passion is when it comes to the power of digital marketing. I’ve been responsible for maximizing marketing spends of $10M a year, as well as much smaller marketing budgets for which a client may only have $1,000 a month.

What Is Conversion Rate Optimization?

CRO is the process of improving your website or digital channels to increase the percentage of visitors who take a desired action — such as filling out a contact form, downloading an e-book or signing up for a newsletter. By analyzing target audience behavior, testing different content marketing tactics and making data-driven improvements, CRO helps B2B marketers maximize the impact of their marketing initiatives — leading to more landing page conversions without increasing traffic or spending money on online advertising.

The Power of High-Performing Content Marketing

When most people think about conversion rates, they immediately jump to forms — those all-important fields that capture marketing leads and drive sales conversions. While forms are crucial, they’re just the final step in a much broader B2B marketing journey. The real magic happens before a website visitor even sees a form — and that’s where high-performing marketing content comes into play.

Quality content is the lifeblood of your site. It’s what draws customers in, keeps them engaged and guides them to take action. This marketing content needs to be compelling, but also strategically designed to align with your customer’s needs and search intent. Every piece of marketing content should serve a purpose, whether it’s educating, entertaining or inspiring your B2B prospects to move closer to conversion.

The B2B Marketing Journey Begins: Replicating Success Across Digital Channels

But it’s not enough to have great digital content on your site. You need to ensure that your content marketing is discoverable and consistently performs across all digital marketing channels. Organic search, social media, online ads — these are the marketing touchpoints that initiate the B2B customer journey. Your high-performing content should be seamlessly integrated across these channels, replicating the successful marketing journeys that lead to sales conversions.

The beauty of focusing on high-progression content is that it’s evergreen in nature. You will see long-term performance of this content across your website and may end up needing significantly less paid media to maximize your marketing spend, reach and impact.

Driving Results by Increasing Your Website’s Conversion Rate

Recently, after this CRO strategy was enacted for a client, website conversion rates increased four to six times from key website pages — dramatically increasing revenue. Best of all, conversion rates remained at that new level every single month.

Want to achieve the same CRO success with your company’s B2B website? Simply take a look at the content marketing you have in place and find opportunities to optimize it. For example, if a blog post on your website is driving significant web traffic and conversions, find ways to extend its reach. Can this content be repurposed into paid digital ads? Can it be optimized for specific keywords to boost its performance on search engines? Can it be shared on social media to engage a broader audience?

By replicating successful B2B content across multiple marketing channels, you’re not just increasing visibility — you’re creating a cohesive, high-performing marketing experience that guides B2B prospects toward conversion, regardless of how they arrive at your site.

Increase Conversions Using On-Page CTAs

On the other hand, you may have high-visibility content that drives thousands of visitors to a web page every month. However, analysis shows that the progression from engagement to conversion is lacking. Adding a simple CTA that asks site visitors to take the next step — sign up for email marketing, engage with a chatbot or schedule a meeting — allows you to easily and strategically increase CRO and improve the value of the page per visitor. We recently did this for one business and it resulted in five times more leads using the same content. Want to see other results from similar digital marketing and branding projects? Check out our case studies.

The Budget-Friendly Advantage of CRO

One of the most compelling reasons to invest in website performance and CRO is the impact it can have on your B2B marketing strategy and budget. Rather than constantly pouring money into acquiring new traffic, CRO allows you to get more out of the web traffic you already have. By optimizing your website’s performance, you can increase conversions without needing to increase your spend.

This is particularly powerful for B2B marketers who need to stretch their marketing budgets. Every optimization you make — whether it’s improving website speed, enhancing the user experience or refining your content strategy — can lead to a direct increase in conversions. It’s about working smarter, not harder, and ensuring that every dollar you spend on driving traffic is backed by a website that’s optimized to convert marketing prospects into sales leads.

Conclusion: The True Measure of B2B Marketing Success

In the end, the true measure of a successful B2B marketing strategy is not just the number of visitors to your site, but the number of those visitors who take meaningful action. By focusing on conversion rate optimization and website performance, you’re not just improving the numbers on your marketing dashboard — you’re creating a more efficient, effective and budget-friendly approach to B2B marketing.

Remember, CRO isn’t just about using forms to increase conversions. It’s about the entire digital marketing journey that nurtures leads and invites action. High-performing content, replicated across channels, is key to maximizing your marketing budget and driving sustainable sales growth. Whether you’re working with a shoestring budget or a robust one, the principles of CRO can unlock new opportunities and help you achieve your B2B marketing goals more effectively.

By emphasizing the full spectrum of CRO tools, from content creation to multi-channel replication, you can ensure that your digital marketing efforts are truly optimized for success, no matter the size of your B2B marketing budget.

Ready to increase conversion on your website?

Connect with our CRO experts today to discuss how we can identify opportunities and implement a marketing strategy that increases conversions using your existing marketing assets.

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