Digital Marketing Strategies for Promoting Radar Product in B2B Market
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Digital Marketing Strategies for Promoting Radar Product in B2B Market

Borui Xu 1*
1 Beijing University of Posts and Telecommunications
*Corresponding author: xbr18341700321@163.com
Published on 26 December 2024
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AEMPS Vol.135
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-819-2
ISBN (Online): 978-1-83558-820-8
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Abstract

In the rapidly evolving landscape of business-to-business (B2B) marketing, the integration of digital strategies has become essential for promoting advanced technologies. This paper focuses on efficient digital strategies for promoting radar products in the B2B market. This study puts forward its current trends and analyzes its challenges, pointing out that while there are extensive segmentation and needs of the radar B2B market, marketing high-tech products like radar technology involves distinct challenges that need specialized digital strategies. For one thing, the technical complexity of radar products requires specialized knowledge to convey its benefits to potential buyers in the B2B market. For another, B2B sales cycles involve multiple decision-makers, often requiring demonstrations, pilot projects, and continuous dedication to establish long-term trust. Based on these, this study identifies several key digital marketing tactics, such as content marketing, Search Engine Optimization (SEO), social media engagement, email marketing, digital advertising and real-time analytics to enhance radar products’ brand visibility in the B2B market. Empirically, the results provide valuable digital marketing insights for high-tech companies, especially for radar products in the B2B sector.

Keywords:

Digital marketing strategies, radar product promotion, B2B market, high-tech

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Xu,B. (2024). Digital Marketing Strategies for Promoting Radar Product in B2B Market. Advances in Economics, Management and Political Sciences,135,7-12.

1. Introduction

Digital marketing strategies have become a powerful tool in empirical Business-to-business (B2B) market research in the last decade. Many studies have tried to delve into various digital marketing strategies in various industries. Contractors are recommended, by Mochtar, Khrisna et al., to engage in activities related to computerized intelligence, such as using online resources and developing management information systems as well as decision support systems [1]. “Marketing intelligence” as social engineering techniques are described in Lies, Jan et al, which state that engineering big data and marketing intelligence have already become marketing realities [2].

However, the technology industry in the B2B market has not gained much attention. In this specialized field, conventional marketing approaches often fail to engage the right audiences or convey the critical advantages. This underscores the growing necessity of digital marketing strategies tailored to the complexities of the B2B emergency response landscape.

The purpose of this study is to explore digital marketing strategies, specifically designed to promote radar products in the B2B emergency response market. By evaluating current trends and analyzing case studies, this research offers effective approaches that B2B radar companies can implement to increase market penetration and drive sales. The findings will contribute to how digital marketing can help promote radar products in the B2B emergency response market, offering actionable solutions for similar high-tech products in the B2B market.

2. Radar Products in the B2B Market

Radar technology has evolved into a crucial component in various B2B sectors, making it an indispensable technology in B2B transactions. To understand the marketing position and generate suitable strategies for radar products in B2B markets, it is essential to examine their dynamics and challenges when marketing such products.

2.1. Market Segmentations of Radar Products in the B2B Market

Radar products have a broad range of applications in the B2B market, typically prioritizing features such as precision, long-range detection, high-frequency operation, dimension and adaptability of functioning in adverse environmental conditions. The complex nature of radar products, particularly their integration with advanced data analytics, artificial intelligence, and machine learning, differentiates them from simpler commercial products. Furthermore, the extensive application of radar technology underscores its importance in addressing diverse business needs and marketing needs.

2.1.1. Defense and Security

Radar systems are now widely used in many defense and security sectors, such as air surveillance, ground monitoring and naval tracking. These systems provide real-time threat detection and tracking, enabling militaries to respond swiftly to potential dangers. Airborne early warning radars, such as Northrop Grumman’s E-2D Advanced Hawkeye, are used for airspace monitoring and missile detection, while ground-based radars like Lockheed Martin’s AN/TPQ-53 are deployed for artillery detection and counter-fire capabilities. Naval forces employ radar systems like the AN/SPY-6 for naval tracking and missile defense, providing enhanced situational awareness in maritime environments. According to Markets and Markets, the global defense radar market is expected to reach $18.5 billion by 2027, growing at a CAGR of 6.7%, reflecting the increasing demand for advanced radar solutions in defense.

2.1.2. Location and Navigation

Radar systems are crucial for aerospace, maritime and land traffic control. In the aerospace sector, radar systems such as Raytheon’s ASR-11 Digital Airport Surveillance Radar are essential for managing air traffic, ensuring safe separation between aircraft, and providing real-time weather data to pilots. Maritime radar systems, like Furuno’s FAR-22x8 series, assist ships in avoiding collisions, navigating through poor visibility, and identifying nearby vessels and obstacles. On land, radar technology is integral to Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles. Products like Bosch’s LRR4 long-range radar enable features such as adaptive cruise control, automatic emergency braking, and lane-keeping assistance, improving road safety.

2.1.3. Controlling and Monitoring

In various industries, radar systems are used for process control, inventory management and safety applications. For example, VEGA’s 80 GHz radar level sensor is employed in manufacturing plants for inventory management by providing precise level measurements in storage tanks, even under challenging conditions such as dust or extreme temperatures. In the oil and gas industry, radar systems like Emerson’s Rosemount 5408 are used for process control and monitoring of liquids in storage tanks, ensuring safety and compliance with environmental regulations. Additionally, radar systems are increasingly integrated into workplace safety solutions, detecting the presence of personnel near dangerous machinery, as seen in Siemens' radar-based safety systems. These applications are critical in industries such as mining, manufacturing, and logistics, where the ability to monitor processes and environments in real time enhances both safety and productivity.

2.2. Challenges of Radar B2B Market

While there are extensive segmentation and needs for the radar B2B market, marketing high-tech products like radar technology involves distinct challenges that need specialized digital strategies. Danny J. McConnell et al. investigate that certain governmental agencies have acknowledged the potential benefits of e-procurement, but progress towards its broader implementation in the public sector has been relatively limited [3].

For one thing, the technical nature of the product requires specialized knowledge to convey its benefits to potential buyers. In B2B markets, buyers are often highly informed, thus, it is critical for marketers to present the product’s capabilities, particularly those that align with the client’s operational needs.

For another, B2B sales cycles involve multiple decision-makers, often requiring demonstrations, pilot projects, and continuous engagement to establish trust. Additionally, radar products are often subject to regulatory approvals, particularly in industries like defense and telecommunications, which adds another layer of complexity to the marketing process.

These challenges underscore the importance of digital marketing in overcoming traditional barriers of radar product promotion. Digital platforms provide opportunities to target specific segments, deliver detailed technical content, and enhance engagement with potential buyers throughout the sales funnel. This highlights the role of digital marketing in improving the visibility of radar products in B2B markets.

3. Significance of Digital Marketing in B2B Market

The needs and marketing strategies of B2B entrepreneurs are different from those of B2C entrepreneurs. Technically, specific needs in the B2B market require a more personalized method to meet, such as gathering data, and figuring out targeting segmentations. As regards consumers, B2B entrepreneurs are faced with much more complicated purchasing cycles. In the past, it was enough for an entrepreneur to substitute a typical website, set up a few pages, buy a subscription base, and post some ads on social media platforms [4]. However, in modern markets, traditional methods are no longer effective in advertising, market surveys and data collection. Thus, it cannot efficiently help grasp customers’ interest and will waste lots of budget on unnecessary things.

The crucial point of digital marketing lies in digital technologies, including the Internet, mobile devices, social media, and search engines to promote products or services and connect with target audiences. Digital marketing strategies refer to the intentional methods and approaches employed by marketers to accomplish specific goals in the digital environment [5]. There are a few major stages for marketing in B2B entrepreneurs. Digital tools for each stage can improve marketing efficiency. Firstly, companies need to create customers’ awareness about their products or services. In this step, early digital research about customers’ interests is of great significance. Then, in the process of selling, customers’ interest can be monitored and further analyzed by big data, which can help enhance the relationships of the leads. Finally, after finishing the deal, companies could gather comments by providing digital survey questionnaires and precise information from their websites about visitors’ behavior. Thus, there is no doubt that digital marketing strategies are the future of the B2B market.

In summary, digital marketing in B2B has the following significance: to start with, it helps with precision marketing. Those who can influence customers’ behavior are opinion leaders. To make the most of their power, companies can deliver paid advertising to those who owe to the specific customer segmentation. Secondly, collaborations between business and business can be established more easily. By analyzing the big data on various sites, entrepreneurs can know others’ preferences and needs in order to deliver precise advertising and send out appropriate invitations to their collaborating entrepreneurs. Finally, remarketing plays a significant role in B2B digital marketing, through which organizations can reshape the customer journey to further strengthen customer relationships and increase business stickiness.

4. Effective Strategies of Digital Marketing in the B2B Market

4.1. Content Marketing

Content marketing, especially through the creation of whitepapers, technical blogs, and industry reports, significantly enhanced brand visibility and customer awareness for radar products in the B2B emergency response market. The public opinion sensitivity index (POSI) assists in identifying target customers from large volumes of short-textual reviews. Through Content marketing strategies, radar companies can segment customers into the same satisfaction level where each group shares interest [6].

Search Engine Optimization (SEO) is a key tool for improving a website’s ranking. The two most typical Search Engine Optimization methods are On-Page Optimization and Off-Page Optimization On-Page Optimization concentrates on enhancing website content and structure [7]. SEO can help improve the optimization of radar websites’ contents and structures to improve their natural ranking in search engine result pages such as Google, Bing, etc. To improve keyword research, content optimization, link building, technical optimization, etc., B2B radar companies can increase website exposure and traffic.

4.2. Social Media Engagement

Social media has become a crucial marketing tool for businesses today and is increasingly essential for marketers. They can leverage five key elements for social media marketing in SMEs which are Context, Channel, Content, Communication and Continuity [8]. Meanwhile, the emerging and complex nature of customer demands, driven by diverse product functionalities and shorter product life cycles, compels businesses to better identify real-time customer needs. Besides, social media has turned into an dynamic channel where customers can spontaneously express their immediate perceptions and opinions about products. Targeted social media campaigns on platforms like Tik-Tok and Twitter were effective in engaging key decision-makers in the B2B sector, especially those involved in procurement and technical evaluations. Posts that included video content, such as demonstrations of radar technology in emergency scenarios, achieved twice the engagement of text-only posts, highlighting the effectiveness of multimedia in the market.

4.3. Email Marketing and Automation

Email marketing campaigns, enhanced by advanced automation tools, show notable success in nurturing leads through the sales funnel. It not only enables companies to send bulk emails to subscribers but also facilitates gathering feedback, which improves the analysis of customer behavior. Companies can track and adjust their campaigns according to the actions and responses of customers or subscribers to the emails they receive [9]. Siemens reported that their segmented and personalized email campaigns achieved an open rate of 28% and a click-through rate (CTR) of 15%, which are significantly above the B2B industry average of 20% and 10%. Their use of automated workflows, particularly lead nurturing sequences that offered tailored content like custom technical assessments or exclusive webinars, effectively converted initial inquiries into qualified leads, increasing lead conversion rates by 35%.

4.4. Digital Advertising and Retargeting

Paid digital advertising, including Google Ads and LinkedIn Ads, proved highly effective in driving web traffic and generating high-quality leads. Raytheon Technologies utilized Google’s Display Network and LinkedIn’s Sponsored Content ads, achieving a 60% increase in targeted website visits and a 45% rise in lead quality. Retargeting strategies, particularly those aimed at re-engaging past website visitors, were notably effective, resulting in a 70% higher conversion rate compared to standard display ads. This strategy significantly contributed to lead generation, as confirmed by Raytheon's campaign data showing a 50% improvement in conversion rates over a 12-month period.

Through the analysis of large data sets, including predictive analytics, marketers can gain a more detailed understanding of their audience, concentrating on individual accounts rather than entire segments. This approach enables B2B brands to directly target customers and deliver personalized and highly relevant experiences [10].

4.5. Real-time Analytics

The integration of real-time analytics and CRM systems enables continuous optimization of digital marketing campaigns. Digital collection of consumers’ feedback in time is essential, such as online survey tools, community and forum platforms and user testing platforms. Johnson Controls utilized these systems to track KPIs like customer engagement rate, lead conversion rate, and cost per acquisition (CPA), allowing for real-time adjustments to marketing strategies. As a result, Johnson Controls reported a 25% increase in lead generation and a 15% improvement in customer engagement, as measured by session durations and interaction rates, over the campaign period. This approach highlighted the significance of data-driven strategies on enhancing marketing effectiveness and ROI.

5. Conclusion

Digital marketing strategies have met multifarious implementations in business. Nonetheless, as B2B marketing is getting more attention, especially in high-tech technology, such as radar products, applying digital marketing to high-tech in B2B is largely understudied.

This study provides insights into the strategies for embracing new digital technologies in B2B marketing of radar products. The research first reveals current segmentation and challenges of radar products in the B2B market. In this context, the study points out that digital marketing strategies are particularly significant, including content marketing, search engine optimization, social media engagement, email marketing, digital advertising and real-time analytics. In this case, relevant companies can significantly enhance brand visibility and enable more personalized feedback with potential clients. Therefore, this study underscores the importance of strategic marketing in promoting advanced technologies like radar products within B2B markets, providing a foundation for future studies and practical applications in the field.

There are two aspects of further improvement in this paper. It should be noted that this study focused on a limited group of companies with large established B2B firms representing only a small fraction of all business. Also, data collection of this study relies heavily on secondary data from existing reports, which may not fully capture the rapidly evolving nature of digital marketing trends and technological advancements. Future research should consider expanding the data set and generate one-hand data to include more diverse firms and sources to better understand the long-term effects of digital marketing strategies in the B2B context. To conclude, this paper offers an innovate domain for digital marketing strategies, shedding light on a more effective promotion of radar products in B2B market.

References

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Cite this article

Xu,B. (2024). Digital Marketing Strategies for Promoting Radar Product in B2B Market. Advances in Economics, Management and Political Sciences,135,7-12.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume title: Proceedings of the 3rd International Conference on Financial Technology and Business Analysis

ISBN: 978-1-83558-819-2(Print) / 978-1-83558-820-8(Online)
Editor: Ursula Faura-Martínez
Conference website: https://2024.icftba.org/
Conference date: 4 December 2024
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.135
ISSN: 2754-1169(Print) / 2754-1177(Online)